Heavy Industry

Format: 2017-01-20
Format: 2017-01-20
January 09, 2017 | 77 Pages | SKU: IRTNTR11458

Overview of the global cable tray market

Technavio’s market research analyst predicts the global cable tray market to grow steadily at a CAGR of around 14% by 2021. One of the primary drivers for this market is the rapid growth of construction industry. The construction industry is the second largest end-user market for cable trays. Investments in industrial infrastructure provide opportunities for vendors that offer cable tray systems. Technavio estimates the global construction industry to grow at a higher rate as compared to the global GDP. Also, the recovery of developed countries from economic instability and rapid industrialization of emerging countries will contribute to the growth of the cable tray market over the next few years.

One of the latest trends gaining traction in this market is the growing investments in product innovations. The key contributor to this rising trend is the lack of product differentiation and the high bargaining power of buyers to pull down the price of cable tray systems. This has compelled the key cable tray manufacturers to invest in product innovations and R&D. For instance, Schneider Electric invests significantly in R&D and product development. The company plans to invest in India in the next three-five years in R&D and manufacturing. Moreover, safety standards and regulatory requirements for cable management systems have created the demand for cable trays that offer enhanced safety and protection to the wiring system.  

Competitive landscape and key vendors

The global cable tray market is highly fragmented at regional levels with both organized and unorganized players operating in the market. In advanced economies, such as the US and Europe, the market is consolidated, with few international players holding large market shares. Leading


January 06, 2017 | 74 Pages | SKU: IRTNTR11423

Overview of the vitrified tiles market

According to the market research analysts at Technavio, the global vitrified tiles market is anticipated to witness steady growth and will post a CAGR of around 4% during the predicted period. A considerable growth in the construction sector is one of the major factors driving this market’s growth. Construction of both residential and non-residential buildings has a direct impact for vitrified tiles, as they are used to cover floors and walls of the buildings. They are frequently adopted as an alternative to marble and granite flooring. The population boom along with declining interest rates has propelled the housing market in various countries. Also, rising incomes from the economic growth have boosted the housing and construction market in various countries, which will, in turn, propel the growth of the vitrified tiles market over the coming years.

One of the recent trends gaining significant traction in the market is the increasing deployment of new technologies in manufacturing vitrified tiles. Most manufacturers are coming up with new technologies both in terms of the production process and new product features to stay ahead of the competition, owing to high demand and fierce competition. The vitrified tiles manufacturers are incorporating new and advanced technologies such as 3D printing, digital printing, anti-microbial glazes, nanotechnology, and


January 03, 2017 | 90 Pages | SKU: IRTNTR11359

Overview of the global plastic processing machinery market

Technavio’s market research analyst predicts the global plastic processing machinery market to grow at a CAGR of around 3% between 2017 and 2021. The rising demand for processed food and beverages and following requirement for packaging machinery is driving overall growth in the market. To meet the rapidly growing demand for such food items, manufacturers are making additional investments to augment the production capacity of existing plants, build new production facilities, and procure packaging equipment. They are also implementing contemporary packaging technologies to minimize spoilage and contamination issues as well as to enhance the shelf life of products. With the surging shift towards mechanized packaging for increased output and efficiency, the market for plastic processing machinery will witness huge growth during the forecast period.

In terms of geography, APAC led the global market and occupied the largest market portion in 2016. Much of the region’s growth can be attributed to the rapid advancements in the automotive industry. The increasing demand for automobile products in the APAC countries like India, Indonesia, Thailand, and Vietnam, act as major growth drivers for the plastic processing machinery market.

Competitive landscape and key vendors

The global plastic processing machinery market is dominated by both the global as well as small regional players. The market is highly capital-intensive and witlessness intense competition among the market vendors. Vendors operating in the market find huge growth potential owing to the growing requirements coming from the packaging and consumer electronics industry. Such needs will propel further demand for packaged food as well as other end-user offerings like automotive, consumer electronics, and consumer products, resulting in the overall growth of the


January 03, 2017 | 71 Pages | SKU: IRTNTR11376

Overview of the global cable conduit systems market

The global cable conduit systems market is anticipated to grow rapidly and will post a CAGR of more than 11% during the forecast period. The demand for increased safety and protection of wiring in commercial and industrial applications will drive the growth prospects for the global cable conduit systems market in the coming years. One of the major factors that compel the use of safe cable management systems is the rising number of regulations in terms of electrical safety and standards, particularly in advanced economies. Also, conduits represent the safest wiring system since they protect the internal wiring from various factors such as moisture, chemical vapors, insulation to accidental damage, and from further impact, whereas, flexible metal conduit conduits are liquid-tight that allows them to be waterproof or submersible. Moreover, metal conduits are used to prevent the emission of electromagnetic interference from the enclosed power cables. Furthermore, halogen-free and green conduit systems can be installed in various food, healthcare and highly sophisticated facilities to inhibit bacteria growth.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market in the forthcoming years. One of the major factors responsible for the market’s growth in the region is the key revenue contribution from North America owing to the increasing demand and utilization of efficient cable management products. Also, the growth is driven by the technological advancements and product innovations undertaken to provide advanced cable protector systems, which offers increased protection and efficiency. Also, the increasing need for up gradation and maintenance of the network infrastructure will further drive the market’s growth in the Americas.


December 28, 2016 | 79 Pages | SKU: IRTNTR11295

Global outlook of the low-voltage ceramic capacitor market

Technavio’s market research analysts predict the global low-voltage ceramic capacitor market to grow steadily during the forecast period and post a CAGR of almost 5% by 2021. This industry research report identifies the increased demand for capacitors from the automotive sector to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The electrification of components in automobiles will drive the demand for voltage capacitors to ensure proper functioning of the electronic components.  Also, the increased adoption of vehicles running on alternative technologies such as electricity and fuel cells will also fuel the demand for ceramic capacitors since these automobiles require extensive circuit and electrical current management.

One of the major trends that will gain traction in this market is the growth of the microwave and millimeter wave capacitor markets. With the increased integration of automotive collision avoidance and intelligent vehicle highway systems among automotive manufacturers, the coming years will witness a rise in the adoption of microwave capacitors by the automotive sector. Moreover, the adoption of internet of things (IoT)-enabled devices and radar circuits by the automotive industry especially in the developed countries such as the US, Germany, and Japan, will also create the demand for microwave and millimeter wave capacitors.

Competitive landscape and key vendors

Characterized by the presence of several established players and


December 26, 2016 | 84 Pages | SKU: IRTNTR11255

Global outlook of the pumps market for the oil and gas industry

Technavio’s market research analysts predict the global pumps market for the oil and gas industry to grow steadily during the forecast period and post a CAGR of almost 4% by 2020. This industry research report identifies the expansion of natural gas and crude oil pipelines to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Though the reduction in crude oil prices will affect the growth of the oil and gas industry, the identification of new avenues for the exploration of natural gas and crude oil will lead to the construction of new pump stations that consist of equipment such as pumps, connecting pipes and valves, an electrical substation, electric motors, and electrical equipment shelters, in turn, fueling market growth.

One of the major trends that will gain traction in this market is the emergence of micro-grid technology. Micro power grids have several advantages such as the reduction of the size of generator sets which leads to reduced fuel and overall costs and a decrease in the number of generator sets. This will consequently lead to the reduction in generator maintenance costs and increased production, inducing major players in the industry to prefer micro grids than diesel generators.

Competitive landscape and key vendors

The market is characterized by the presence of a considerable number of pump manufacturers. The


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