Heavy Industry

Format: 2017-01-20
Format: 2017-01-20
December 26, 2016 | 74 Pages | SKU: IRTNTR11259

Overview of the global hydraulic excavator market

Market research analysts at Technavio predict that the global hydraulic excavator market will grow steadily during the next four years and post an impressive revenue of more than USD 60 billion by 2021. This market research analysis identifies the rise of the Mexico, Indonesia, Nigeria, and Turkey (MINT) countries as one of the primary growth factors for this market. It has been observed that the infrastructure development projects announced by these countries accounts for about 15% of the global projects and is valued at almost USD 54 billion. This will increase the demand for hydraulic excavators from the construction industry, in turn, propelling market growth in the coming years.

This market research and analysis estimate that in terms of geographical regions, APAC will be the major revenue contributor to the market throughout the predicted period. The rise in infrastructure developments and rapid urbanization in the emerging economies in the region and the rise of commodity prices and mining activities in countries such as China, will drive the market’s growth prospects in this region.

Competitive landscape and key vendors

Due to the presence of a considerable number of hydraulic excavator manufacturers, this market appears to be fragmented and is highly competitive. The growth of the construction industry has led to the entry of new vendors in the excavator market, in turn, intensifying the level of competition in the already competitive market. Increasing investments from the players in China towards the development and adoption of technologies that will improve the performance and reliability of their machines will further intensify the market’s competitive environment. To enhance their revenue shares and improve their market position, vendors have started concentrating on increasing their


December 23, 2016 | 81 Pages | SKU: IRTNTR11237

Overview of the global screw compressor market

The global screw compressor market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The increasing demand for energy-efficient screw compressors will drive the growth prospects for the global screw compressor market in the forthcoming years. One of the major factors responsible for this high demand is the growing awareness among end-users about the need for energy-efficiency measures. Also, the increasing efforts from end-user industries such as manufacturing, petrochemicals, and chemicals, and metallurgy and mining to enhance energy efficiency will completely shift the trend from existing screw compressors to the latest technology-enabled compressors.

In terms of geography, EMEA accounts for the maximum market share in 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s impressive growth in the region is the constant demand from industries like automotive and petrochemical and chemical.

Competitive landscape and key vendors

The global screw compressor market is characterized by the presence of international, regional, and local vendors. These vendors are increasingly focusing on product innovations to expand their market reach.

Key vendors in this market are -

  • Atlas Copco
  • BOGE
  • Howden
  • Ingersoll-Rand
  • KAESER Compressors

Other prominent vendors in the market include Hanbell, Kaishan Technologies, MAN Diesel & Turbo, Shanghai Screw Compressor, and Sullair.

Segmentation by type and analysis of the screw


December 22, 2016 | 64 Pages | SKU: IRTNTR11233

Overview of the global fuse holder market

The global fuse holder market is anticipated to grow at a steady rate and will post a CAGR of close to 3% during the forecast period. The emergence of renewable energy will drive the growth prospects for the global fuse holder market until the end of 2020. With the growing population and improving global economy, the demand for power will increase across the globe. According to the UN, the world population is expected to increase from 6.7 billion in 2011 to 8.7 billion by 2035. Also, according to the International Energy Agency (IEA), world’s power demand is expected to increase from 19,004 TWh in 2011 to 34,454 TWh by 2035. Moreover, factors such as climate change policies and technological improvements are also expected to resulted in the generation of power from low carbon or no carbon technologies like solar, the wind, and hydro sources. Furthermore, the renewable power production ensures the adequate and reliable power transmission such as that provided by a smart grid.

The growing demand for telecom towers in APAC is expected to drive the growth prospects for the global fuse holder market in the forthcoming years. Some of the major factors responsible for the growth of the telecom sector is the increasing penetration of cell phone, telecom tower installations and advanced services such as 3G and 4G. Also, since China is the largest contributor in the overall telecom sector, APAC significantly contributes to the growth of the global market.

Competitive landscape and key vendors

The global fuse holder market is highly diversified and competitive due to the presence of a large number of regional and international vendors across the globe. It has been observed that prominent players in the market are implementing growth strategies to improve the product portfolio by integrating more optimized technologies. Also, these players


December 21, 2016 | 63 Pages | SKU: IRTNTR11199

Overview of the global HVAC air filter market

The global heating, ventilation, and air conditioning (HVAC) air filter market is anticipated to grow at a steady rate and will post a CAGR of more than 7% during the forecast period. The increasing energy efficiency of HVAC systems will drive the growth prospects for the global HVAC air filter market until the end of 2020. One of the major factors responsible for the large amount of greenhouse gas (GHG) emissions worldwide is the high percentage of electricity consumed by residential and commercial buildings. For instance, in the US, residential and commercial buildings consume approximately 70% of the overall electricity and generate 40% greenhouse gas emissions. It has been observed that about one-third of the energy consumed by commercial buildings is utilized for ventilation and space heating or cooling applications of HVAC systems. As a result, the trend of lowering energy consumption has been gaining traction among end-users. To reduce a motor’s energy consumption, the fan motor in HVAC systems has to overcome resistance to deliver the required air flow. This compels the manufacturers to focus on the development of air filters that offer lower resistance to air flow.

An increase in green construction spending will drive the growth prospects for the global HVAC air filter market for the next four years. It has been noted that the construction industry across the globe is actively investing in energy efficiency solutions to counter the rising energy costs without compromising on the quality of services provided, promote healthy building and productive environment, increase efficiency, and decrease their impact on the surroundings. As a result, these systems earn Leadership in Energy and Environmental Design (LEED) certification or Energy Star designation.

Competitive landscape and key vendors

The global HVAC air filter


December 14, 2016 | 67 Pages | SKU: IRTNTR11140

Global outlook of the construction machinery market

Technavio’s market research analysts predict the global construction machinery market to grow steadily during the forecast period and post a CAGR of more than 11% by 2020. This industry research report identifies the growth of the construction market across the globe to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Owing to rapid urbanization and economic growth, several large and medium-sized cities are focusing on the construction of ultra-high-rise buildings that will attract major domestic and foreign enterprises. This will be a major trend especially in the European countries such as the UK, where the construction industry experienced an exponential growth due to the increasing construction of high-rise buildings in the recent years. Such large-scale construction of high-rise projects will demand the need for heavy construction machinery, which, in turn, will aid in the growth of the market. For instance, the construction of Central Park Tower at New York, China Zun Tower at Beijing, Marina 106 at Dubai, and the Three Sixty West Tower B at Mumbai are some of the major high-rise construction projects that are expected to be completed during the forecast period.

To help operators monitor the performance and efficiency of the construction machinery outside the construction site, construction machinery manufacturers will start incorporating global positioning systems in their machinery. This will help operators in tracking multiple machines from any location. One of the leading manufacturers Link-Belt Excavators has already introduced construction machines such as the X4 model that are equipped with the GPS-enabled system RemoteCARE and helps operators in remote monitoring and


December 13, 2016 | 66 Pages | SKU: IRTNTR11110

Overview of the global industrial gearbox market

The global industrial gearbox market is anticipated to grow at a steady rate and will post a CAGR of more than 4% during the forecast period. The strong growth of the mining industry will drive the growth prospects for the global industrial gearbox market in the forthcoming years. One of the major factors responsible for the application of industrial gearbox in the mining industry is its use for various primary processes such as extraction and tunneling. Also, it has been noted that the rising demand for coal, especially for electricity generation, will augment the need for technologically advanced equipment for mining and other infrastructural developments. In addition, the growing demand for basic metals such as copper, zinc, and nickel will subsequently boost the demand for mining equipment across the globe. It has been noted that the high demand for mining equipment in the US will facilitate the industrial gearbox market’s growth and as a result, the coal mining industry will witness substantial growth in developing economies during the forecast period.

In terms of geography, APAC accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. Some of the countries accounting for a major share in the market include China, India, Japan, Pakistan, and South Korea. Since the region witnesses a high level of investment in oil and gas exploration, it offers numerous opportunities for the growth of the industrial gearbox market. Moreover, the recent rise in automobile sales directly results in the increasing demand for the gearbox market in APAC.

Competitive landscape and key vendors

The global industrial gearbox market is highly completive and diversified due to the presence of a large number of local and international vendors. These


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