Heavy Industry

Format: 2016-08-31
Format: 2016-08-31
August 29, 2016 | 62 Pages | SKU: IRTNTR9944

Global outlook of the industrial fire safety equipment market

Technavio’s market research analysts predict the global industrial fire safety equipment market to grow steadily at a CAGR of more than 7% by 2020. Fire safety systems were not designed to meet the future demands but were installed to deal with accidents after the occurrence. Industrial design codes are now being updated based on rigorous and sophisticated testing standards rather than relying on traditional safety procedures. For instance, the NFPA 2: Hydrogen Technologies Code governs the standards for hydrogen equipment that is based on calculated flame hazards caused by the system pressure and volume. Also, the NFPA 68 Standard on Explosion Protection by Deflagration Venting involves more refined calculations for formulating appropriate vent sizing. These updates involve more analysis for storing and handling hazardous materials and also prescribe a level of protection that offers a more appropriate protection. Additionally, the application of building information modeling (BIM) will also help in predicting future scenarios in fire safety.

The next few years will witness an exponential increase in the number of devices connected to the Internet. This will have a huge impact on every industry and will lead to the increased adoption of the Internet of Things (IoT). IoT helps in the efficient functioning of safety equipment and also assists authorities in controlling and monitoring the equipment even from remote locations.

Competitive landscape and key vendors

The market is characterized by the presence of both large international players and regional players, where the established players mainly hail from Europe or the Americas and the APAC hosts a number of regional players. Since all


August 24, 2016 | 82 Pages | SKU: IRTNTR10357

Overview of the global metal fabrication equipment market

Market research analysts at Technavio have predicted that the global metal fabrication equipment market will grow steadily during the forecast period and will post an impressive revenue of more than USD 94 billion by 2020. This market research analysis identifies the introduction of favorable initiatives by several countries across the world to enhance the global machine tools market as one of the primary growth factors for the metal working equipment market. For instance, initiatives by the Japanese Ministry of International Trade and Industry towards rationalizing the machine tools industry through strategic M&A and disinvestment encourages Japanese companies to purchase machine tools, in turn, fueling this market’s growth. Similarly, the establishment of cabinet-level programs by the government of China and the introduction of regulations by the Indian government that allows 100% foreign direct investment (FDI) in the machine tools industry will also propel the metal fabrication tools market’s growth prospects.

The emergence of friction stir welding technology in the automotive sector identified to be one of the major trends that will gain traction in the metal working tools market in the coming years. Friction stir welding can spot-weld thin aluminum sheets and also consumes very less power than other welding processes such as fusion welding. Moreover, this welding technique does not add any extra weight in the form of filler materials, which helps in reducing the overall weight of the final product. The technology has already gained prominence in the


August 22, 2016 | 110 Pages | SKU: IRTNTR9953

Overview of the pumps market in India

Market research analysts at Technavio have predicted that the pumps market in India will grow steadily during the predicted period and will post a CAGR of almost 10% by 2020. Owing to increased consumption, the pump manufacturers have been concentrating only on the needs of the domestic market, mainly to the agriculture and building services industries. The influence of linearization, privatization, and globalization of the Indian pump market have compelled manufacturers to export their products to foreign countries where the demand for pumps in high in industries such as oil and gas, steel, and mining. Currently, the US and Germany are the revenue contributors to the market. Factors such as the rising demand for oil and the increased investments in water and wastewater treatment activities will have a huge impact on pump exports in India, which will drive the demand for the market during the predicted period.

The pumps market in India will witness the emergence of intelligent pump systems and micro disc pump technology in the next few years. Intelligent pump systems can control and regulate the flow or pressure of the fluid, can adjust to process changes, and also have a fault tolerant design, which will induce several manufacturers to adopt these pumps as they reduce the total cost of ownership without compromising performance parameters. Also, the micro disc pump technology will help manufacturers develop small-size and energy-efficient disc pumps that can be used in medical applications such as wound therapy and blood pressure measurement.

Competitive landscape and


August 22, 2016 | 89 Pages | SKU: IRTNTR9834

Overview of the global cryogenic equipment market

Market research analysts at Technavio have predicted that the global cryogenic equipment market will grow moderately during the predicted period and will post a CAGR around 6% by 2020. Technological advancements and innovations have a great impact in the life sciences sector, especially, in the areas such as immunotherapy, vaccinations, regenerative medicines, and biopharmaceuticals. These areas require cryogenic temperatures for storage, preservation, and treatment applications. For instance, in immunotherapies such as T-cell therapy, the T-cells are extracted from the patient’s blood and are genetically engineered to produce special receptors that are infused into the patient. These cells then multiply and with the guidance of an engineered receptor, destroy cancer cells. Cryogenic equipment is required in the storage and activation of T-cells. Additionally, cryogenic cooling systems such as cryogenic freezers are required for the storage of bone marrow, stem cells, cord blood, human tissues, and also for other highly sensitive pharmaceutical and biological applications.

The development of HTS (high-temperature superconductor) power cables is another major factor that will drive the demand for cryogenic equipment. These HTS cables have high transfer efficiency and will witness an increase in their demand from the power sector for the upgradation of transmission and distribution networks all around the globe.


August 19, 2016 | 67 Pages | SKU: IRTNTR10328

Overview of the global packaged boiler market

Market research analysts at Technavio have predicted that the global packaged boiler market will grow steadily in the next four years and will post a CAGR of more than 5% by 2020. This market research analysis identifies the demand for uninterrupted steam supply as one of the primary growth factors for this market. Portable boilers were considered to be the only means of steam generation for industrial units and in the power generation sector to run turbines. However, technological advancements led to the development of packaged boilers that can be connected in parallel to the boiler connection pattern and can assist in increasing the operational capacity of a boiler system. As a result, several industries and educational institutions have started replacing their coal-powered steam boilers with packaged boilers to meet their energy requirements.

Considering the possibility of changes in the emission standards, boiler companies will start manufacturing boilers with reduced NOx emissions. For instance, the Nebraska boiler that meets the current standard of 76 ppmv of NOx emissions can be modified to meet 15 ppmv NOx emission simply by increasing the air and FGR ration by 20% and 25%, respectively. The modifications do not require any major modifications where only the burner spuds and FD fans have to be replaced.

Competitive landscape and key vendors

The industry is marked by the presence of several international players who offer a wide range of products and services as per the needs of the customer. Additionally, there is also a presence of a number of regional boiler manufacturers especially in the developing economies, and as a result, the market appears to be highly fragmented. Despite the market being dominated by a


August 19, 2016 | 70 Pages | SKU: IRTNTR9839

Global outlook of the pneumatic equipment market

Technavio’s market research analysts have predicted that the global pneumatic equipment market will grow moderately during the forecast period and post a CAGR of almost 5% by 2020. In addition to their applications in several industries, pneumatic tools are gradually acquiring significant application in food processing and medical applications as well. The recent FDA rules in the US stated as part of the Food Safety Modernization Act, demand stringent requirements for decontamination and hygiene. This will subsequently compel suppliers and packagers to meet their requirements for proper equipment cleaning. Compared to hydraulic and other mechanical equipment, the pneumatic equipment is cleaner, which will enable them to find significant applications in the food processing industry. Additionally, pneumatic equipment like pneumatic actuators is increasingly being used for medical analysis and MRI-assisted surgery. Their ability to be compliant with MRI chambers and the ready accessibility of air supply in hospitals and operating rooms make this equipment an attractive option in medical applications.

Virtual reality simulators are sophisticated, expensive and are produced using the same technology that is used in pneumatic equipment such as actuators, valves, and power drives. Pneumatic equipment is deployed in the industrial sector for impeccable repeatability and precise control. In virtual reality, every aspect of motion is constantly changing so achieving real-time responses for motion effects have always been a challenge. But with the introduction


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