Automotive Onboard Charger Market to Observe Strong Development by 2027

Automotive Onboard Charger Market: Introduction

The automotive industry is witnessing a paradigm shift in terms of technology, as battery-operated vehicles are now being preferred over ICE (Internal Combustion Engine) vehicles. The cost of maintenance of an ICE vehicle is high as compared to an electric-powered vehicle. Automotive on-board charger is used to charge batteries of electric vehicles (EVs) and hybrid electric vehicles (HEVs). The charger system converts the AC input from the power grid to a DC input for charging the battery.

Global Automotive Onboard Charger Market: Competition Landscape

Infineon Technologies AG

Infineon Technologies AG was established in 1999 and is headquartered in Neubiberg, Germany. The company operates through its four business divisions: Automotive, Power Management & Multimarket, Industrial Power Control, and Digital Security Solutions. The company offers various products and services that include communication ICs, microcontrollers, power electronics, and ESD Protection Diodes. The company has over 40,100 employees across the globe.

STMicroelectronics

STMicroelectronics was founded in 1957 and is headquartered in Geneva, Switzerland. The company provides products and services to various industries, including automotive, communication equipment, IT, and others. It manufactures products such as integrated circuits for specific applications, memory (including EEPROM), transistors, microcontrollers, smartcards, etc.

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Analog Devices, Inc.

Analog Devices, Inc. was founded in 1965 and is headquartered in Cambridge, Massachusetts, the U.S. The company manufactures and supplies semiconductors specializing in data conversion, power management technology, and signal processing. The company provides its product and services to industries such as aerospace and defense, automotive, building technology, communications, consumer, data center, energy, healthcare, industrial automation, instrumentation & measurement, and security & surveillance. It offers various products and services such as 3D Time of Flight (3D ToF), Cyber Security, GaN (Gallium Nitride), Internet of Things (IoT), LIDAR, MEMS Switch, Precision Sensor Interface, RF Solutions, RadioVerse, and SmartMesh.

Global Automotive Onboard Charger Market: Dynamics

Increase in Demand for Electric and Autonomous Vehicles

The demand for electric and autonomous vehicles has been rising, owing to environmental concerns and changing norms enacted by governments regarding petrol and diesel operated vehicles. The cost of fuel (combustible/conventional fuel) used in ICE vehicles is high, while the cost of fuel of EV is low (electricity) depending on the location and charging unit used. Subsidies provided by governments on the purchase of EVs, along with rise in prices of conventional fuels are driving the demand for electric vehicles. Germany, India, Japan, China, and other countries are promoting the adoption of electric vehicles. 

Furthermore, these countries have announced a ban on diesel vehicles in the past few years. Electric vehicles are equipped with latest and improved technologies, which is a major reason that is projected to propel the demand for automotive onboard chargers during the forecast period. Autonomous vehicles offer several features, such lane assist and vehicle distance recognition as standard. These features are available in all basic models of autonomous vehicles. These vehicles are equipped with latest technologies to provide and share real-time information with other vehicles, which can reduce road fatalities and accidents.

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Smart Systems for Visually Impaired Market Future Opportunities 2027

Smart Systems for Visually Impaired Market - Introduction

• Smart systems help in many ways to make human life easier. Smart systems have a variety of indoor and outdoor applications. Many smart systems are integrated with advanced technologies and sensors to provide faster and effective assistance.
• Smart systems for visually impaired are vital for physically challenged people. The implementation of smart systems for visually impaired helps them gain independence in their lives. The advanced technologies and use of sensors makes the interaction as well as other regular activities of people with special needs easy.
• Smart systems for visually impaired such as reading goggles, and smart blind sticks makes daily tasks easier to perform. The wearable smart systems for visually impaired are easy to carry and lightweight.
• Smart systems for visually impaired are also GSM and GPS enabled which helps in tracking the roads and assisting in the path that the visually impaired need to take.

Smart home automation systems increasing the usage of the smart systems for visually impaired

• Various vendors provide completely customized products, solutions, and smart systems for visually impaired along with the services in order to suitably design the house to meet the needs of the visually impaired
• These smart systems for visually impaired enable the visually challenged to move around the house and perform daily activities safely and without any assistance from others. In case of emergency situations, alerts are generated and provided to the close family members in order to ensure the safety of the visually impaired person.
• The smart systems for visually impaired enables the visually impaired to be more independent and comfortable with the in-house environment.
• The flexibility and real time notifications are escalating the adoption of in-house smart systems for visually impaired.

Increasing Adoption of IoT driving the smart systems for visually impaired market

• Big Data and Internet of Things (IoT) are thriving at a significant rate due to technological advancements in various industry verticals. These advancements are also implemented in high-end cameras that are further used for face recognition. Analytics is used in cameras for natural language processing (NLP), face recognition, and artificial intelligence (AI). A large volume of data is captured and the data is analyzed. This is very useful in the smart systems for visually impaired.
• The concept of IoT is to connect any two devices with the help of the Internet, enabling them to communicate with each other. In order to achieve this, several sensors need to be placed in these devices. The application base of smart systems is expanding with the widespread adoption of sensors and wearable smart devices.

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North America Expected to Hold Major Share of the Global Smart Systems for Visually Impaired Market

• In terms of region, the global smart systems for visually impaired market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is expected to account for a major share of the global smart systems for visually impaired market during the forecast period, due to advancements in technology and the introduction of smart system applications for upliftment of the people with disabilities in the region

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Key Players Operating in the Global Smart Systems for Visually Impaired Market

• ABISee, Inc.
• Adaptivision
• BAUM USA
• Freedom Scientific
• Verizon

Biometric ATM Market Size, Status and Forecast to 2027

Global Biometric ATM Market – Introduction

• A biometric ATM is specifically designed to use biometric authentication technology to identify customers and allow them to withdraw cash safely and securely. A biometric ATM provides strong & accurate authentication and allow users to access their accounts at their convenience.
• A biometric ATM enable customers to conduct financial transactions or withdraw currency after a fruitful finger vein or fingerprint scanner. The biometric authentication technology used generally finger vein print or palm Biometric, even though they may also use other functionalities includes face recognition or iris recognition.

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Need for multi-factor authentication (MFA) driving the global biometric ATM market

• Most organizations have recognized the importance of multi-factor authentication due to the increase in data breaches and fraud attackers, and are beginning to focus on better ways to secure end-user identities. Multi-factor authentication (MFA) requires users to have at least two out of three types of credentials such as PIN number or password; a physical component such as an iPhone or fob; and/or a biometric component such as a fingerprint or voice recognition before gaining access to company data.
• Multi-factor authentication not only improves security, but also enhances the consumers’ productivity and user experience and reduces operational costs. Large as well as small and medium-sized enterprises are adopting multi-factor solutions such as voice, face, retina, and fingerprint recognition to provide an efficient user experience. Therefore, necessity of multi-factor authentication (MFA) is significantly increasing the adoption of biometric ATM worldwide.

Technical issues while using biometric ATM hampering the market

• Face recognition, iris recognition, and voice recognition are the most preferred forms of biometric identification among consumers, however, it faces major challenges on technical front. For instance, lack of accuracy and misinterpretation because voice recognition solutions do not always put the words on the screen accurately and also the context of language sometimes is not verified, often resulting in misinterpretation. Therefore, technical issues are significantly hampering the biometric ATM market worldwide.

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Global Biometric ATM Market – Competition Landscape

• In February 2019, Taiwanese financial institution "E. SUN Commercial Bank" successfully deployed biometric ATMs with the help of NEC Corporation for safe & secure transactions. NEC's facial biometric authentication technologies utilize AI to identify whether a subject is a real person to stop fraudulent activities.
• In July 2016, Taiwan’s CTBC Bank Co., Ltd. successfully deployed finger vein authentication solution for ATMs with the help of Hitachi-Omron Terminal Solutions, Corp. This initiative would help the company to expand its market share across Taiwan.

Key Players Operating in the Global Market

• Hitachi-Omron Terminal Solutions, Corp.
• NEC Corporation
• BioEnable Technologies Pvt. Ltd.
• DERMALOG Identification Systems GmbH
• Mantra Softech (India) Pvt. Ltd.

G Suite Technology Services Market Current Trends and Future Aspect Analysis 2027

Global G Suite Technology Services Market: Overview

The demand within the global G suite technology services market is expected to increase by a dramatic chase in the years to follow. The relevance of a connected and secure digital ecosystem comprising of email communication, worksheets, and databases has become a necessity for all global organisations. Furthermore, most multinational companies have shown a sense of seriousness in offering premium value to their employees. Availability of G suite technologies largely improves the performance of an organisation. Besides, it offers a greater level of scrutiny, control, and freedom to the employees. Hence, the total revenues within the the global G suite technology services market are set to grow in the years to follow.

Transparency Market Research (TMR), in a syndicate report, looks into the key drivers of market demand. The global G suite technology services market can be segmented on the basis of service type, application, industry, and region. The North America G suite technology services market is slated to expand in the years to follow.

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Global G Suite Technology Services Market: Notable Developments

The advent of improved services in the digital space has created a plethora of opportunities for market growth.

• Integration of G suite is an important consideration for organizations looking to revamp their digital approach. In this regard, DreamHost has launched its integration services for G suite technology. The company is amongst the largest players in web hosting services, with core specialization in Managed WordPress services. The company would assist in the integration of Docs, Drives, Gmail, and Hangouts amongst others. The G suite technology services market is expected to witness a surge in demand following the launch of DreamHost’s services.
• Google has been trying to convince users of G suite technology services about the integrity and safety of their data. In this quest, the company has made new customers, but has also lost on some important ones. Concerns related to the safety of data on G suite platforms could act as a roadblock to market growth. However, the unavailability of a near substitute for G suite continues to be a key driver of market demand.

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Some of the leading vendors in the global G suite technology services market are:

• SADA Systems
• Agosto, Inc.
• Maven Wave Partners LLC
• Capgemini SE
• Perpetual West Inc.

Electric Arc Furnace Transformers Market Scope and Opportunities Analysis 2027

Electric Arc Furnace Transformers: Introduction

• Electric arc furnace (EAF) transformers are heating installations used for material melting with the help of heat produced by an arc
• Electric arc furnace transformers are of two types: AC EAF transformers and DC EAF transformers
• Electric arc furnace transformers are used in industrial processes that are performed at a higher voltage range of up to several MVAs (mega volt amperes)
• EAF transformers are employed in various industrial applications such as the smelting process as well as in steel furnaces, ladle furnaces, and ferroalloy furnaces

Rise in Demand for Electric Arc Furnace Transformers in Steel Production Plants

• In steel production plants, electric arc furnace transformers are increasingly used in the production of carbon steel and specialty steels
• Electric arc furnace transformers are employed to deliver high current over a wide range of voltages. Depending on load handling requirement, these transformers are capable to deliver power rating between 10 MVA and 300 MVA
• Advancements in metallurgical technology have significantly changed the operation of electric arc furnaces, as time period of applied heat of 4 to 5 hours with moderate loading have been reduced to 3 to 4 hours with continuous high loading
• Owing to these advancements, the lifespan as well as production efficiency of electric arc furnace transformers has increased. As a result of this, the demand for electric arc furnace transformers is rising for use in steel production plants. This factor is expected to drive the global electric arc furnace transformers market during the forecast period.

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Increase in Use of Electric Arc Furnace Transformers in Industrial Processes

• Electric arc furnace transformers are used in various industries, such as ferrous metal industry and non-ferrous metal industry, as these transformers provide higher current than the conventional transformers
• Furthermore, electric arc furnace transformers provide low-voltage variations that suit furnace applications. As a result, electric arc furnace transformers are increasingly used in industrial furnace processes. This is anticipated to fuel the global electric arc furnace transformers market during the forecast period.

DC Electric Arc Furnace Transformers Segment to Witness Lucrative Opportunities

• Based on type, the global electric arc furnace transformers market can be segmented into AC electric arc furnace transformers and DC electric arc furnace transformers
• Earlier, AC electric arc furnace transformers were used in various industries for furnace operation. However, fluctuations in high-voltage signals is considered a drawback of AC electric arc furnace transformers
• In order to overcome this issue, DC electric arc furnace transformers are used for high-voltage signals, as they have high efficiency and they deliver continuous power supply without fluctuations
• Owing to these benefits, popularity of DC electric arc furnace transformers is rising for use in industrial applications. This factor is expected to boost the global electric arc furnace transformers market during the forecast period.

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North America to Lead Global Market

• In terms of region, the global electric arc furnace transformers market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• Asia Pacific is anticipated to dominate the global electric arc furnace transformers market throughout the forecast period, owing to increasing demand for steel, iron, and a few other materials required for infrastructure development in the region
• The electric arc furnace transformers market in Europe and North America is expected to witness significant growth from 2019 to 2027. The market in Latin America and Middle East & Africa is estimated to witness substantial growth during the forecast period.

Key Players in Global Market

The global electric arc furnace transformers market was highly fragmented in 2018. Prominent players operating in the global market are focusing on technological developments and expansions to meet the increasing demand for electric arc furnace transformers. Moreover, manufacturers are entering into partnerships for the development of innovative products.

Key players operating in the global electric arc furnace transformers market include:

• ABB
• Siemens
• General Electric
• Toshiba
• CG
• Raychem RPG Private Limited

Lensmeters Market Will Generate New Growth Opportunities By 2027

Lensmeter: Introduction

Lensmeter is an ophthalmic instrument used by eye-care professionals to verify the correct prescription for a pair of eyeglass lenses. Further, they are also used to measure and mark uncut lenses and ensure that lenses are properly fitted in spectacle frames. It is also used at the time of eyewear making to measure the power of spectacle lens.

Global Lensmeters Market: Competition Landscape

In September 2017, NIDEK CO., LTD launched a new product under their ophthalmic segment named LM-7P and LM-7 Auto Lensmeter. The both devices offer simplified and improved operation to increase utility of the instrument while maintaining their high quality and functionality.

Aston EyeTech launched a new eye diagnostic instrument named Eyoto at the Vision Expo East in February 2018. The new product is assembled with a broad range of lens inspection tools and power mapping lensmeters.

Marco

Marco was founded in 1967 and is based in Jacksonville, Florida, the U.S. The company operates through two reportable business segments: vision diagnostic equipment and examination lane equipment. The company offers automated and manual lensmeters, including LM-7 Automated Lensmeter, LM-1800 Auto Lensmeter, and LM-101 Manual Lensmeter.

NIDEK CO., LTD.

NIDEK CO., LTD. is a Japan-based company designing, manufacturing, and marketing optometric and ophthalmic products. The company was founded in 1971 and is headquartered in Gamagori, Japan. NIDEK CO., LTD. operates through three business segments: ophthalmology & optometry, lens edging, and coating.

Essilor Instruments USA

Essilor Instruments USA was formed in 1996 and is located in Dallas, Texas, the U.S. The company’s products are distributed in more than 100 countries. Essilor Instruments USA offers vision screening products across several industries under their stereo optical business segment.

Coburn Technologies, Inc.

Coburn Technologies, Inc. was founded in 2010 and is a global leader in computer assimilated ophthalmic instruments and ophthalmic lens processing systems. The company is headquartered in South Windsor, Connecticut, the U.S. The company offers HLM-1, HLM-9000, HLM 7000, and OZMA CLM-9000 under its lensmeters segment.

UNITECH VISION

UNITECH VISION is a privately held India-based company, and is one of the trusted providers of optical and ophthalmic products. The company was founded in 1962 and is headquartered in Delhi, India. The company’s portfolio includes a wide range of auto lensmeters for multiple markets.

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Global Lensmeters Market: Dynamics

Rise in Eye Disorders to Drive Global Lensmeters Market

One of the major factors driving the global lensmeters market is the increase in eye disorder across the globe. This is resulting in rise in the sales of lensmeters, as these instruments are integrated with eye-diagnose devices.

• According to the World Health Organization (WHO), by 2020, the rate of glaucoma-related blindness in Europe will rise to 13.9%, exceeding the worldwide rate of 8.43%
• According to the National Center for Biotechnology Information, 20.5 million (17.2%) Americans older than 40 years of age have cataract in either eye, and 6.1 million (5.1%) have pseudophakia/aphakia

The above statistics show the increase in ratio of several eye diseases among different age groups of people. This will boost the demand for lensmeters and fuel the growth of the global market.

Inability of Lensmeters to Provide Lenses Details to Hamper Market

The lensmeters are not able to provide details of spectacle lenses, such as segment style, lens form, edge or center thickness, etc. These details are necessary to check as it could cause problems to patients. However, in response to the growing demand for lensmeters, companies are focusing on research and development activities and innovations to overcome these hurdles.

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Polypropylene Cables Market Size, Share & Trend | Industry Analysis Report, 2027

Polypropylene Cables – Introduction

Polypropylene cables are used for insulation and jacketing of power and telecommunication cables. These cables are commonly used in the packaging industry. Polypropylene is considered the steel of plastics due to its versatility; it can be modified in countless ways to suit multiple applications. Due to its excellent electrical and thermal performance as well as environmentally friendly and recyclable cable insulation material, demand for the polypropylene cabled has increased.

Global Polypropylene Cables Market – Competitive Landscape

• In April 2018, ExxonMobil Company launched advanced an polypropylene series “Achieve”, featuring new products for use in various applications such as automotive parts, rigid packaging, nonwovens, and appliances

Prysmian Group

Founded in 1891, the Prysmian Group is headquartered in Milan, Italy. The company is a manufacturer and supplier of energy and telecommunication cables and systems with more than 82 production units and 17 R&D centers worldwide. The Prysmian Group is one of the leading European fiber optic cable manufacturing companies offering products for use in different industries such as telecommunication, marine, military & defense, and multimedia & enterprise network, among others.

Nexans S.A.

Established in 2000, Nexans S.A. is headquartered in Paris, France. Nexans S.A. provides complete range of cable solutions and services to cater the diverse needs of their customers. The company provide cable and cabling solutions to power networks, rail transport, wind turbines, automation, and buildings with reliability and operational efficiency.

Leoni AG

Founded in 1917, Leoni AG is headquartered in Nuremberg, Germany. Leoni AG is one of the global leading providers of cables, cable systems, wires, optical fibers, and related services to the electrical appliances industry and others.

Some of the significant players in the global market are Prysmian Group, Leoni, Shandong Guangxing, Sumitomo Electric, Furukawa, General Cable, Baosheng Group, Wanda Cable, Nexans, Dongying Taide, Far East Cable, Shandong Baoshida, and Anhui Huining, among others.

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Global Polypropylene Cables Market – Dynamics

The growth of the chemical and plastic industries has positively affected the market for polypropylene cables. Rise in demand for advanced electronic devices and increase in usage of polypropylene cables in various audio equipment are significant factors driving the polypropylene cables market. Polypropylene cables are widely used with electronic components such as wires and audio equipment. Nanodoping can efficiently enhance electrical, thermal, and mechanical characteristics of polypropylene, which offers advanced technique for solving temperature issues in HVDC cable insulation. Polypropylene has a comparatively elevated melting point as compared to polyethylene. Thus, it is used in wires that are required in high temperatures. 

Moreover, it has greater breakdown power and volume resistivity, which is of importance for raising a cable's working voltage level. Polypropylene cables, however, are brittle and rigid, and possess low heat resistance and heat conductivity. In addition, polypropylene has a strong tensile strength and hence, it can resist 4,800 psi in heavy loads. Polypropylene also has low density compared to other plastics.

Polypropylene cables are commonly used in automotive parts due to its low price, excellent mechanical characteristics, and moldability. Battery cases and trays, bumpers, fender liners, interior trim, instrument boards, and door trims are its main application areas. Other main characteristics of automotive applications of polypropylene cable include low linear thermal expansion coefficient and particular gravity, high chemical strength, and processability. North America is one of the largest markets for industrial automation.

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Aerial Cable Car Equipment Market to Expand with Significant CAGR by 2027

Global Aerial Cable Car Equipment Market: Introduction

Flexibility and cost-effectiveness of aerial cable cars is leading to increasing use of this transportation option in public transport systems in cities, towns, and urban areas. A cable car or aerial lift is a method of transportation in which people are transported from one place to another by means of a cabin or cable car that is supported by multiple cables above the ground. These transportation equipment known as aerial cable cars are generally built in mountainous terrains where building a road is difficult and it can easily cross ravines and rivers.

Global Aerial Cable Car Equipment Market: Competitive Landscape

Doppelmayr/Garaventa Group

Doppelmayr/Garaventa Group was formed in 1893 by Konrad Doppelmayr and is headquartered in Wolfurt, Austria. The company is a global leader in ropeway engineering. The company’s product portfolio includes funicular railways, reversible aerial tramway, pulsed movement aerial ropeway, funifor, funitel, 3S gondola lift, combination lift, detachable gondola lift, detachable chairlift, fixed-grip chairlift, surface lift, cable liner, avalanche blasting ropeway, material ropeway, and monorack. Doppelmayr/Garaventa Group has manufacturing plants, and sales and service centers across 40 countries across the globe. The company has built over 15,000 installations of aerial cable cars for customers in close to 96 nations around the world. Doppelmayr/Garaventa Group has subsidiaries across North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Leitner Ropeways

Leitner Ropeways was formed in 1888 by Gabriel Leitner and is headquartered in Vipiteno, Italy. Leitner Ropeways is part of the High Technology Industries (HTI) Group. The product portfolio of Leitner Ropeways consists of detachable gondola lifts, detachable chairlifts, detachable chairlifts, surface lifts, funiculars, tri-cable and bi-cable gondola lifts, aerial tramways, reversible gondola ropeways, inclined elevators, material ropeways, etc.

Global Aerial Cable Car Equipment Market: Dynamics

Rise in tourism across the world and increasing participation in winter sports driving the demand for ropeway/ aerial cable cars

According to global tourism industry body, World Travel & Tourism Council (WTTC), the global travel & tourism industry has grown from US$ 6.03 Trillion in 2006 and reached US$ 8.27 Trillion by 2017, expanding at a CAGR of 2.9%. Globally, rise in population of the middle class in emerging economies, increase in travel frequency of millennial population compared to other generations, and increased awareness among youth about travel destinations are increasing the market size of the global travel and tourism market. Winter sports in Europe and North America is seeing increasing participation. All these factors are increasing the demand for aerial cable cars or ropeways across these regions. Rise in demand for aerial cable cars in global travel and tourism industry is increasing the sale of aerial cable car equipment across the globe.

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Tertiary Crusher Market to Witness Exponential Growth by 2027

Global Tertiary Crusher Market: Introduction

Crushing is a significant step in industrial mineral processing. A crusher is an industrial, multi-dimensional machine or equipment designed to break large sized rocks or objects into small sized rocks such as gravel. A crusher can change the form of a material and is also used for recycling of waste material. Three types of crushers are available: primary crusher, secondary crusher, and tertiary crusher. Significant crushing activities are performed by primary and secondary crusher. A tertiary crusher further reduces the size of the crushed rocks or objects to the required rock size in a plant. 

Generally, a tertiary crusher comes with a feeder unit where the material to be crushed is fed to a tertiary crusher. The prominent components in a tertiary crusher are side wear plates, hammer, rotor, armour-plate, material inlet, etc.

Global Tertiary Crusher Market: Competitive Landscape

Binder + Co AG

Binder + Co AG is a global crusher manufacturing company formed in 1984 in Graz-Eggenberg, Austria. The company is headquartered in Gleisdorf, Austria. Its product portfolio includes tertiary impact crusher, tertiary cone crusher, secondary crusher, primary crusher, double roll crusher, sand crushers having a feeder distribution unit for feeding up to 35mm and 50mm, screening products, wet processing products, thermal processing products, sensor based sorting products, bagging palletizing products, etc. The crushers sold by the company are used to crush oversized sand particles, crushing rock into cubic form, etc. The company sells crushers under the brand “Comec.” Binder + Co AG is one of the leading market players in the global tertiary crusher market.

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Metso Corporation

Metso Corporation is a global crusher manufacturing company formed in 1868 with headquarters in Helsinki, Finland. The company’s product portfolio includes cone crushers which are sold under the brands “MX”, GP” and “MP” series, horizontal shaft impact tertiary crusher, vertical shaft impact tertiary crusher, gyratory crusher (for initial crushing activities), jaw crushers (for primary and secondary crushing activities), mobile crushers, portable crushers, feeders, waste recycling products, metal recycling products, pulp and paper industry products, oil and gas equipment, etc. Metso Corporation has operations across the globe.

Global Tertiary Crusher Market: Dynamics

Rise in mineral processing industry across the world increasing the demand for crushers, including tertiary crushers

Mining activities are increasing across the world. One of the most significant change in the 20^th century is the gradual shift to open pit mining rather than traditional underground mining. The productivity of open pit mines increases with rise in efficient mineral processing techniques. Tertiary crushers and other crushers are a significant equipment used in mineral processing activities across the world. Thus, rise in open pit mines increases demand for efficient mineral processing techniques which is increasing the demand for tertiary crushers and other types of crushers in the mining industry.

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Lawn and Garden Equipment Market to Develop Rapidly by 2027

Lawn and garden equipment Market: Introduction

Lawn and garden equipment are tools used for gardening purpose. They also coincide with tools used for agriculture and horticulture. Garden tools are segmented into hand tools and power tools. These tools are extensively used in mowing and lawn maintenance as well as maintenance of garden.

The evolution of lawn and gardening equipment is influenced by technology and automation. Increase in demand for technologically enhanced and automated gardening equipment within the domestic and commercial users is a key factor underpinning the steady evolution of the Lawn and garden equipment market. The most demanded products in the lawn and garden equipment market are hand tools, axe, weeder, paving weeder, trimmers, hoe, shears, spades, shovels and snips, lawnmowers, and edger.

Lawn and garden equipment Market: Competitive Landscape

Deere & Company

John Deere is the brand name of Deere & Company. Founded in 1837, the company is headquartered at Moline, Illinois, U.S. The company has approximately 60,476 employees spread across the globes with offices, factories, and other facilities in more than 30 countries. It manufactures agricultural equipment, forest machinery, construction machinery, axles, diesel engines, transmissions, gearboxes, and lawn care equipment.

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Briggs & Stratton Corporation

Established in 1908, Briggs & Stratton Corporation is headquartered at Wauwatosa, Wisconsin, U.S. The company employs over 3000 employees in six states. It has around eight manufacturing units and one facility center. The company's products are sold in over 100 countries across the globe. Its product portfolio includes engines, generators pressure washers, snow blowers, and lawn mowers.

MTD Products Inc.

Founded in 1932, MTD Products Inc. is headquartered in Valley City, Ohio, U.S. The company manufactures outdoor power equipment. Its employee strength is approximately 6,800. The company’s subsidiaries include Cub Cadet, Robomow, Troy-Bilt, Rover, Yard Machines, as well as Remington, WOLF-Garten, and Bolens. Its product portfolio includes lawn equipment and groundskeeping equipment.

ANDREAS STIHL AG & Co. KG

Founded in 1926, ANDREAS STIHL AG & Co. KG is headquartered in Waiblingen, Germany. It is a manufacturing company with the global employee strength of nearly 14,920. The company offers a wide range of products including industrial chainsaws, cultivators, string trimmers, cut-off saws, edger, leaf blowers, as well as construction tools, pole pruners, drills, and protective apparel.

Husqvarna AB

Incorporated in 1689, Husqvarna AB is headquartered in Stockholm, Sweden. The company manufactures exterior power products which include chainsaws, trimmers, brush cutters, cultivators, garden tractors mowers, and sewing machines. It has approximately 13,252 employees in 40 countries. The company’s products also include equipment and diamond tools for stone industries and construction. Its products and solutions are sold under various brand names including Husqvarna, McCulloch, Gardena, Zenoah, Flymo, and Diamant Boart through retailers and dealers to consumers and professionals in more than 100 countries.

Other key players operating in the Lawn and garden equipment market are Ariens Co., Snapper Inc., Makita Corporation, Gardena GmbH, WOLF-Garten, Mountfield, Fiskars Group, Stanley Black and Decker Inc., Toro Company, Kubota Corporation, Emak Group, Hitachi Ltd, Bahco, and Estwing.         

Lawn and garden equipment Market: Dynamics 

Rise in demand for automated & technologically enhanced gardening equipment

Rise in demand for automated water sprinklers and modern designed tools for gardens and lawns is expected to fuel the need for gardening equipment in the near future. The increase in availability of new invented products is likely to encourage more users to invest in lawn and garden tools and thus, drive the global market. Furthermore, increase in demand for smart gardening techniques is expected to have a positive impact on the market. Smart gardening enables end-users to make gardening simpler and on-time maintenance. Thus, it is anticipated to be a driving factor for the Lawn and garden equipment market.

Increase in awareness about conservation of environment

Many people have opted for gardening techniques in residential, commercial, and industrial areas due to increase in awareness about the environment. The rise in the awareness amongst people to consider gardening activities as beneficial for health rather than considering it as a leisure activity, is anticipated to fuel the growth of gardening equipment market. Various industries and corporate organizations have taken initiatives for conservation of environment by organizing tree plantation programs periodically. It is projected to boost the lawn and garden equipment market.

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Aluminum Alloy Truss Market to be at Forefront by 2027

Global Aluminum Alloy Truss Market: Introduction

Aluminum alloy truss are rigid structures made of aluminum beams. Aluminum beams when assembled in a specific order form rigid aluminum alloy truss. Aluminum beams are made from aluminum plates. These plates through a process known as casting are made into aluminum beams. In general aluminum plates are heavy-duty applications that are used in product manufacturing, transportation, military, aerospace and various other industries.

Global Aluminum Alloy Truss Market: Competition Landscape

Prolyte Group

Prolyte Group is a global manufacturer and marketer of aluminum alloy truss products for the global entertainment industry. In November 1991, Jan Hondebrink, Roel Steenbergen, and Fokko Smeding founded Prolite Products and Alucon whose name was later changed to Prolyte. The company is based in Pearland, Texas, the U.S. The company’s product portfolio consists of ladder truss, triangular truss, square truss, rectangular truss, folding truss, circular truss, standard corners, box corners, book corners, ground support, rigging towers, LED-wall support solutions, and tubes and accessories. The company not only sells aluminum alloy truss products but also provides project solutions to the aluminum alloy truss industry. The company has sales and marketing dealers across the world.

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Peroni S.p.a.

Peroni S.p.a. is a global manufacturer of aluminum alloy truss products. The company was formed in 1982 in Gallarate, Italy. Its product portfolio consists of square truss, triangular truss, flat truss, aluminum alloy truss accessories, etc.

Eurotruss 

Eurotruss is a global aluminum alloy truss manufacturing and marketing company formed in 1933 by Martin Kuyper in Leeuwarden, the Netherlands. The company’s product portfolio consists of ladder truss, square truss, triangle truss, tubes, rectangular truss, folding truss, touring truss, plated truss, sound towers, LED bridges, etc. Apart from aluminum alloy truss, the company also sells stairs, safety railings, scaffolding integration products, top loader, front loader sound, dollies, barriers, hoists, rigging materials, and fall protection products among others. Eurotruss manufactures its aluminum alloy truss products in the U.S. The company has two offices in the U.S. and one in Germany. The South America aluminum alloy truss business is looked after by its U.S. office. The company has sales partners across Brazil, Europe, India, Vietnam, Malaysia, the U.A.E., Saudi Arabia, Egypt, Tunisia, Azerbaijan, Kazakhstan, Lebanon, and various other places.

Global Aluminum Alloy Truss Market: Dynamics

Rise in demand for aluminum alloy truss across the world

Rise in demand for aluminum alloy truss is evident from the fact that Eurotruss, a global manufacturer of aluminum alloy truss has invested and is investing heavily in the establishment of new truss manufacturing machines, tools, and welding benches to keep up with the demand for aluminum truss in the market place. The entertainment industry is growing across the world. Rise in the number of entertainment events globally is increasing the demand for aluminum alloy truss.

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Zero Trust Security Market Research Report | Forecast Until 2027

Zero-trust security is a new form cyber-security which works on the principle of zero-assumed trust. The security solutions require each and every insider and outsider to provide authentic verification before entering the secure network. The principle is gaining popularity as it has shown capabilities in stopping security breaches. Additionally, it also promises a cost-effective, simple-to-use, and reliable security mechanism. The security system is in contrast with conventional castle and moat approach to security. In earlier approaches, insiders were trusted by default. This made it difficult to oversee a transfer of communication and created several challenges as information transferred freely from inside-out with often complex, cumbersome, and sometimes extremely risky manner. A recent study by IBM shows that the cost of security breach on average is 3 million US dollars. Simple mechanism used by the zero-trust security solutions makes them effective for building trust and remaining cost-effective in the long run.

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Global Zero-Trust Security Market: Notable Developments

The national cybersecurity center of excellence plans to test zero-trust security architecture used by federal agencies and financial institutions. The agency earlier released a definition of zero-trust architecture and plans to offer more revealing public insights about the security systems. This is expected to add more clarity to players in the global zero-trust security market and consumers as well. This can be a major opportunity as a pat on the back from the agency can boost the prospects of current players tremendously. Additionally, the agency is also expected to provide better use guidance to future users through the review as some institutions simply do not use the solutions properly or do not use it regularly.

President Trump announced a budget hike for cyber-defense this year measuring to $17.4 billion. The budget was estimated to rise to $16.6 bn. However, the US federal government has opted for a proactive approach to cyber-security amidst rising threats. The continuous cyber threats continue to cripple various government entities around the world. Attacks for ransom ware have also targeted major tech giants like Adobe, and popular consumer devices like PlayStation in an attempt to extort ransom.  According to some estimate, the cost of cyber-threats in 2019 can reach several trillion dollars. The growing cyber-threats and proactive policies of the federal government promises lucrative horizon for players in the global zero-trust security market.

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Global Zero-Trust Security Market: Drivers and Restraints

Technologies like machine-learning and increasing move of financial institutions towards cloud-systems are expected to drive growth of the zero-trust security systems. These systems are ideal for sensitive sectors like finance, where solutions like biometric security provide an ideal solution for entering secure networks. Additionally, the growth of machine learning is ideal for detecting new threats amidst a sea of rising challenges in the security sector. The growth of the technology, rising investment in new technologies, and increasing shift to the cloud are expected to remain major drivers of growth.

Smart LED Indoor Signage Market Trends and Forecast up to 2027

The global smart LED indoor signage market is projected to enjoy a robust growth during the forecast period. This is mainly due to the rising use of LED indoor signage in retail outlets to improve aesthetic appeal of stores.

Smart LED indoor signage are digital displays that are used in businesses to offer an eye-catching experience to consumers. They have advanced integration abilities which makes them power-efficient with several sensors.

An upcoming report on the global smart LED indoor signage market is expected to offer several information regarding key factors such as recent development, trends and challenges. Further a detailed analysis of regional segments will help readers have a clear understanding product performance in the regions.

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Global Smart LED Indoor Signage Market: Notable Developments and Competitive Landscape

The competitive landscape of the global smart LED Indoor signage market is markedly fragmented, attributed to the presence of several prominent players. Some of the predominant players operating in the smart LED indoor signage market are Samsung Electronics, NEC Corp., Sharp, LG Electronics Leyard, Sony, Optoelectronic, AU Optronics, Panasonic, Goodview Electronics, Scala, and Omnivex Corporation.

These players are focusing on business expansion, collaboration, and mergers and acquisitions to consolidate their market share. For instance, Samsung Electronics has ramped up huge investments to offer personalized digital signage solutions in different industrial sectors including retail, infrastructure, and institutional applications. To meet product variety, the company has installed 12,000 square feet of Samsung SMART LED signage in New State Farm Arena (U.S.) in 2018.

Electronics India has introduced curved OLED signage.  This is utterly new concept in the smart LED indoor signage market. The signage was designed by HS Ad India in joint partnership of LG Electronics, Ambience Group Associates, and numerous other companies in Ambience Group Associates.

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Smart NOx Sensors Market Growth Prospects, Trends and Forecast up to 2027

Smart Nitrogen Oxide (NOx) sensors are one of the major component, which is used in automobile industry to sense high temperature in different combustion environment. In addition, these types of sensors are capable of measuring Nitrogen Oxide (NOx) density in exhaust gas. Across the globe, rising demand for smart Nitrogen Oxide (NOx) sensors has increased specifically in the applications like safety and controls, powertrain and alternative fuel vehicles. Numerous approaches for the development of smart NOx sensors suitable for automotive exhaust monitoring have been investigated in the past years. 

Further, growing research & development and rising adoption of these types of sensors in automotive industry is anticipated to fuel the demand for the Smart Nitrogen Oxide (NOx) sensors during the forecast period. Further, smart NOx sensors are used to control the generation of cycle of the NOx catalyst for the different Gasoline automobile application, which is expected to boost the fuel the demand for the Smart Nitrogen Oxide (NOx) sensors market in coming years.

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Smart NOx Sensors Market – Competitive Landscape

• In February 2017, Continental AG announced that they have invested heavily for the testing and quality assurance in production of Smart NOx Sensors for diesel engines.
• In June 2018, Continental AG inaugurated of their new production facility where nine new production lines and 200 employees dedicated for the production of nitrogen oxide (NOx) sensors. Through expansion of their manufacturing unit, the company is enhancing the production capabilities which is expected to improve their business opportunity and outlook in global competitive market.

Continental AG

Founded in 1871, Texas Instruments is headquartered in Hanover, Germany. The German technology company is involved in the designing and manufacturing of specializing in interior electronics, brake systems, powertrain and chassis components, tires, automotive safety equipment and other parts for the transportation and automotive industries. It has more than 245,000 employees across the globe and also presence in more than 60 countries worldwide.

Delphi

Incorporated in 2017, one of the major subsidiaries for the Delphi Corporation. The company is one of the leading automotive manufactures and sellers of fuel injection and valve train systems along with the sensors and software controls. The company is listed under New York Stock Exchange and it has more than 20,000 employees worldwide.

Bosch GmbH

Established in 1886, Bosch GmbH is a leading provides technology and services worldwide and has their presence in three business sectors, such as automotive technology, industrial technology and consumer goods and building technology. It involves in the research and development of solutions and appliances geared towards bettering the lives of end users.

Horiba, Ltd.

Founded in 1953, Japanese manufacturer of precision instruments for measurement and analysis. The group has been involved in measurement technology for more than 50 years. The company is operating their strong sales and distribution network across the globe. Further, the company manufactures and sells different types of automotive emission measurement systems, wide range of scientific analyzers, medical diagnostic analyzers, environmental measuring instruments and measuring equipment among others which are used in the semi-conductor industry.

Some of the significant players in the smart NOx sensors market are NGK Insulators, Ltd., Teledyne Advanced Pollution Instrumentation, Inc., and Senco. Co. Ltd, among others.

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Smart Gas Meters Market Key Opportunities and Forecast up to 2027

Smart gas meters automatically evaluate the fundamental parameters of the gas flowing in the pipeline, such as pressure, quantity and temperature. These meters are vital to ensure appropriate gas pressure from the primary supply, to keep track of gas use and to provide precise bills. Gas meters are now accessible in various kinds and designs, providing distinctive advantages based on measurements of volumetric flow rate. Smart gas meter installation in industrial, commercial and residential areas is the next step towards offering each person with access to gas. Standards and policies from governments have pushed the market for intelligent gas meters to pump into global GDP. Gas exploration companies’ collaboration with producers of intelligent gas meters also adds to the same. During the forecast period, the market is expected to develop exponentially.

Gas surveillance solutions such as smart gas meters are on their way to becoming a standard in the coming years due to increasing concerns about fast exhaustion of natural gas.

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Smart Gas Meters Market – Competitive Landscape

• In March 2018, Sensus (the Xylem brand) was chosen as the technology supplier for its meter modernization program by Nicor Gas, biggest natural gas distribution corporation in Illinois. The program is one of several investments made by Nicor Gas to upgrade and enhance its infrastructure for natural gas.
• September 2017, NAS introduced smart gas meter module in order to meet the European 2020 directive. Utilities and businesses using smart gas meters obtain more information on energy consumption, greater transparency, and more accurate and frequent billing decisions, faster service to end customers, and last but not least, they could be the primary element in altering environmental issues. 

Siemens AG

Founded in 1847, Texas Instruments is headquartered in Munich, Germany. Siemens AG is a corporation focused primarily on the fields of electrification, automation and digitalization. The firm also offers resource-saving technologies that are energy-efficient. Siemens is a provider of electrical and transmission technologies as well as medical diagnostics.

Itron

Incorporated in 1977, Itron is based in Washington, the U.S. Itron is an American technology firm offering energy and water resource management goods and services. Its products and services include smart grid, intelligent gas and smart water technology solutions that assess and evaluate the consumption of energy, gas and water. Its products include measuring equipment and control technology for electricity, gas, water and heat power.

Honeywell International Inc.

Established in 1906, Honeywell International Inc. is a manufacturer of variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments

Schneider Electric

Founded in 1836, Schneider Electric SE is based in Rueil-Malmaison, France. The French-based corporation possesses an expertise in the manufacturing of building automation, power and cooling systems for datacenters, home automation, smart grid, switches and sockets, electrical grid automation, industrial control systems, and industrial safety systems.

Some of the significant players in the Smart Gas Meters market are Apator SA., Badger Meter, Inc., Diehl Stiftung & Co. KG, Siemens AG, EDMI, GSL Consulting Limited. China and Sensus among others.

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Smart Meat Thermometer Market Opportunity Assessment and Forecast up to 2027

Meat thermometer, also referred to as cooking meter is a device that is used to measure the temperature of the food, particularly meat that is being cooked and give a signal when the meat has reached an ideal internal temperature. This helps an individual to make tastier meat and relish the joy of having tasty food. However, the standard meat thermometers suffer from a drawback; the individuals have to be present close by to keep an eye on the temperature. In order to overcome this drawback, smart meat thermometers have been developed. These devices have the capability to notify the user about the temperature of the meat, remotely. They help in increasing an individual’s cooking prowess to greater heights.

Smart Meat Thermometer Market – Competitive Landscape

iDevices, LLC.

Founded in 2009, iDevices, LLC is headquartered in Avon, Connecticut, US. The company manufacture and supply application enabled products. The company offers iGrill, a Bluetooth connected grilling thermometer, Bluetooth connected cooking thermometers, and mini kitchen thermometers among others.

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Oregon Scientific

Founded in 1989, Oregon Scientific is headquartered in Tualatin, Oregon, US. The company designs, manufactures, and sells consumer electronic products. The offers variety of products that includes digital clocks; thermometer pads, multi-powered handheld emergency radios, emergency portable weather radios, laptops, and sports and health meters among others. The company sells its products through stores, online platform, and with a network of distributors.

Cuisinart

Founded in 1971, Cuisinart is headquartered in Stamford, Connecticut, US. The company manufactures cookware, culinary appliances, and kitchen accessories. The company offers wide range of products that includes bake ware, bread makers, countertop cooking appliances, blenders, coffee bar collection, food processors, cutlery, electric knives and skillets, outdoor grilling products, grills, and hand blenders and mixers among others.

Some of the key players operating in the global smart meat thermometers market with significant developments include ThermoWorks, iDevices, LLC., Lavatools, Maveric Industries, Inc., Fireboard labs, Flame Boss, Tenergy, Meater, Oregon Scientific, Cuisinart, Weber, Loki, and among others.

FireBoard Labs

Founded in 2015, FireBoard Labs is headquartered in Kansas, Missouri, US. The company manufactures digital thermometer that can be operated through smartphone or through the web for easy tracking of temperature. FireBoard Labs paired with Amazon Alexa to effortlessly check the temperature of the cooking food.

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Industrial I/O Modules Market Analysis and Forecast up to 2027

Industrial I/O Modules Market Introduction

• Industrial I/O modules are devices associated with field devices such as actuators, drives, and sensors with controllers, including distributed control systems (DCS), programmable logic controllers (PLC), and industrial PCs.
• The I/O modules are used to convert field signals into information and forward it to the controller.

Industrial I/O Modules Market Dynamics

• Rapidly growing developments in power grid projects across the world has prompted the growth of the industrial I/O modules market.
• Significant expansion of power grid projects is expected to encourage the adoption of industrial I/O modules in power generation, distribution, and transmission.
• Several benefits are associated with usage of smart grids. These include reduced number of transformer failures, and management of peak load and outage. These benefits encourage the deployment of industrial I/O modules in the existing systems.
• Emergence of fuzzy logic modules in programmable controllers is another key trend driving the growth of the industrial I/O modules market. Fuzzy logic modules help to bridge the gap between analog and discrete decision making functions of PLCs (programmable logic controllers). Thus, fuzzy logic modules are increasingly being adopted by end-users as a critical part of modern programmable controllers. Therefore, PLCs incorporated with fuzzy logic modules encourage the systems to acknowledge temperature readings within a specific range.

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Industrial I/O Modules Market: Segmentation Analysis

• Based on product, the industrial I/O modules market can be segmented into PLC I/O (programmable logic controller I/O), DCS I/O (distributed control system I/O), and industrial PC I/O.
• PLC I/O segment accounted for major share of the market in 2018 and is expected to retain its leading position in the market over the forecast period. This is attributable to the rising standard of industrial production and increasing level of embedded processing and connectivity on I/O modules.
• Based on end-user, the industrial I/O modules market can be bifurcated into process industry and discrete industry.

Key Manufacturers Operating in the Market

The global industrial I/O modules market was moderately fragmented in 2018, with the presence of many established market players who occupy prominent market share. These vendors focus on advanced technologies to offer a wide product portfolio to meet the changing needs of end-users, creating a competitive environment in the industrial I/O modules market. Key manufacturers operating in the global market are:

• ABB
• Emerson Electric Co.
• General Electric Company
• Mitsubishi Electric Corporation
• Rockwell Automation, Inc.
• Siemens AG

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CNC Router Market Detailed Analysis and Forecast up to 2027

CNC Router: Introduction

• A computer numerical control (CNC) router is a computer-controlled cutting machine used to cut numerous types of hard materials, which includes composites, wood, steel, aluminum, plastic, foam, and glass. A CNC router is also used to cut mortises and tenons.
• The functioning of a CNC router is similar to a CNC milling machine. A CNC router machine uses computer numerical control to route tool paths that allow the machine to function.
• A CNC router is primarily used to produce items such as exterior and interior decorations, door carvings, wood panels, wooden frames, sign boards, musical instruments, moldings, and furniture. Additionally, it helps in the thermoforming of plastics by the trimming and automating process.
• The global CNC router market is expected to expand at a rapid pace during the forecast period, owing to the increase in demand for CNC routers in different industries such as construction and automotive.

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Global CNC Router Market: Dynamics

Global CNC Router Market: Key Drivers and Restraints

• A CNC router improves factory productivity and produces consistent and high-quality work. Precision and automation are the key benefits of CNC routers. This is expected to boost the demand for CNC routers in the upcoming years.
• A CNC router reduces the frequency of error, waste, and the time to the finish the product, which is anticipated to fuel the market growth in the next few years.
• Growing demand for wood construction and the increase in adoption of advanced machinery to save time in various construction applications such as cutting, routing, and drilling is anticipated to propel the CNC router market during the forecast period.
• The rise in use of CNC routers in metalworking and woodworking applications is projected to propel the market growth globally. Further, increased extraction of wood in construction applications is anticipated to fuel the growth of the CNC router market across the globe.

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Asia Pacific to Witness Rapid Growth in the Global CNC Router Market

• Asia Pacific is expected to witness the maximum demand for CNC routers from 2019 to 2027. This is primarily due to the demand from leading production countries such as China, India, and Japan for industrial parts and automotive parts. Additionally, the rise in the expansion of the automotive industry in the Asia Pacific region is anticipated to propel the demand for CNC routers to boost the quality of production of industrial parts and automotive parts over the forecast period.
• Europe held the second largest share in the global CNC router market. This is largely due to the growing export and import and adoption of advanced technology in the region. Additionally, Europe is a hub for the automotive industry owing to the presence of top manufacturers with high production capacities such as BMW, Volvo, and Audi.

Global CNC Router Market: Competition Landscape

Key Players Operating in the Global CNC Router Market

Numerous regional and international players operate in the CNC router market. Hence, the market is fairly fragmented and the bargaining power of suppliers is low. The degree of competition among market players is also high. CNC router manufacturers are adopting two vital strategies: new product development and acquisition to cater to the needs of different end-users. Key players operating in the global CNC router market are:

• Anderson Group
• AXYZ Automation Group
• Biesse S.p.A.
• Carbide 3D LLC
• Exel CNC Ltd
• HOMAG Group

Industrial Blasting Machines Market Demand and Growth Analysis with Forecast up to 2027

Global Industrial Blasting Machines Market: Introduction

• Industrial blasting machines are widely used for spraying paint on a non-metal or metal surface. In addition, industrial blasting machine is used along with compressed air combined together and blown on a non-metal and metal surface with high pressure, so as to remove charcoal black contamination and metal oxide.
• Industrial blasting machine is used to clean outermost part of a metal from dust or rust. Although, industrial blasting machines are used in recycling process during the pretreatment of coating, electroplating, paint spraying, in order to attain anti-corrosion and adhesion capability.
• Industrial blasting machines are of two main types i.e. sand blasting machine and shot blasting machine. The main difference between shot blasting and sand blasting is that sand blasting uses silica sand as its media, whereas shot blasting uses metallic shots that range from copper, steel, and aluminum.

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Global Industrial Blasting Machines Market: Dynamics

Key Drivers of Global Industrial Blasting Machines Market

• Increase in construction and maintenance activities gains momentum across the world, which requires industrial blasting machines. This, in turn, is expected to drive the global industrial blasting machines market in the next few years
• Industrial blasting machines are highly adopted in the manufacturing sector due to their design, which makes the operation easier, without any need of human assist in production facilities. This, in turn, is expected to fuel the global industrial blasting machines market during the forecast period.
• One of the important factors accelerating the need for industrial blasting machines is the increase in demand from automotive industry. The automotive manufacturing segment is one of the largest users of industrial blasting machines, due to their application in painting the automobiles.
• Increase in demand for industrial blasting machines in different industries such as petrochemical, marine, and building & construction for performing industrial applications with high efficiency, is expected to fuel the industrial blasting machines market during the forecast period

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Global Industrial Blasting Machines market: Competitive Landscape

Key Players Operating in Global Market

• The global industrial blasting machines market is highly concentrated, with top manufacturers accounting for approximately 25%–30% of the market share. Key players operating in the global industrial blasting machines market are:
• Midvale Industries
• Graco Inc.
• Surface Finishing Equipment Company
• Sandblasting Machines Manufacturer India
• Clemco Industries Corp.

Hydraulic (Industrial) Shock Absorbers Market Segmentation and Forecast Analysis up to 2027

Global Hydraulic (Industrial) Shock Absorbers Market – Introduction

• Industrial or hydraulic shock absorbers are used as hydraulic devices to slow down moving loads with minimal machine load. The speed slows down as the shock absorber is compressed.
• Hydraulic shock absorbers are designed to absorb 100% of shocks without any vibrations.
• Industrial or hydraulic shock absorbers work through a series of throttle bores or metering holes by restricting the flow of oil. The industrial shock absorber works on the principal of converting kinetic energy into thermal energy. In addition, when the piston rod is pushed into the cylinder, oil is displaced through the metering hole or throttle bore which are gradually closed off. Gradually, the speed decreases as the industrial shock absorber is compressed, providing the lowest possible reaction force.
• Industrial or hydraulic shock absorbers are highly suitable for reducing maintenance cost of machines in automotive, aerospace and defense, mechanical, and other industries, due to its light weight, faster speed, and easy installation.

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Global Hydraulic (Industrial) Shock Absorbers Market – Dynamics

Key Drivers of the Hydraulic (Industrial) Shock Absorbers Market

• The global hydraulic (industrial) shock absorbers market is projected to expand in the near future due to the growth in the global automotive industry in developed and developing countries. Additionally, increasing demand for comfort in automobiles and for automobiles is projected to drive the growth of the industrial shock absorbers market over the next few years. Besides, hydraulic shock absorbers are used to enhance the controllability and drivability of luxury vehicles in rough road conditions.
• Furthermore, rising automation in factories, automotive, medical, and pharmaceutical industries is expected to drive the demand for hydraulic shock absorbers globally.
• The growing packaging and material handling industry across the world is projected to drive the growth of the hydraulic shock absorbers market.

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Global Hydraulic (Industrial) Shock Absorbers Market –Competition Landscape

Key Players Operating in the Global Market

The global hydraulic (Industrial) shock absorbers market is highly concentrated with the top manufacturers accounting for approximately 35% to 40% share. Key players operating in the global hydraulic (Industrial) shock absorbers market include:

• ACE Controls Inc.
• BIBUS AG
• Modern Industries, Inc.
• Universal Power Conversion, Inc.
• Weforma Dämpfungstechnik GmbH
• Slam Proof Ltd.