Fact.MR

Marine Turbochargers Market to Ride on Coattails of Rising Marine Fleet Volume with Fuel-Efficient Engines

LogoThe global cruise industry has witnessed a positive trend with the rise in tourism activities, increased per capita income, and globalization. This has led to rising demand for marine vessels where marine turbochargers are highly sought after in marine engines. Further, a steady growth of the seaborne trade and growing reliance on coastal activities have, in turn, increased the volume of the marine fleet. Factors as such have increased the importance of marine engine efficiency which is largely determined by marine turbochargers. By boosting the air density of the entire engine, marine turbochargers enhance overall output power.

Trencher Machine Landscape Observes Technology Improvements for Extra Productivity

LogoThe steadily growing trenchers market is marked by their application in multiple industries, evolving product designs, and rental activities. Trenchers are highly sought after in the seabed trenching for applications including shallow inter-array cable burials and deep water pipeline burial projects. According to the type of seabed, different trenchers are available such as a jet trencher, heavy soil trencher, and many others. Amidst the race of attaining global connectivity, activities such as the installation of submarine pipelines in the deep sea water have increased where trenchers are highly used in harsh seas and challenging seabed conditions.

Power Hammers to Witness Increasing Sales in Forging Industry

LogoPower tools industry is flourishing with their extensive use across industries particularly the automotive and construction industry. With the emergence of technological innovations and development of new power tools, the dominance of power tools in the market translates high demand for power hammer in multiple industries. A wide application of power hammer is found in the industrial open die forging. As the global forging industry thrives across multiple industries especially capital-intensive industries such as automotive, aerospace, factory automation, and defense, demand for power hammer is likely to grow in the future.

Metal and Construction Industry Remains Prominent End Users of Cutting Wheels

LogoWith a steady estimated growth rate of the cutting wheels market in the foreseeable future, manufacturers are focusing on demand-driven machine developments that deliver optimum cutting duration, changeover frequency, and lower time to perform cutting wheel changeover. As end-users give preference to higher productivity, lower downtime and lower overall production cost, preference for high-priced and high-performance cutting wheels dominates the market.

Buoyancy in Automotive Component Industry to Bode Well for Automotive Vibration Absorber Market

LogoThe vibration control industry manufactures automotive vibration absorbers used in suspension components for reducing noise and vibration in automobiles, engines, powertrains, and other machine constructions. As suspension systems play vital role in maintaining safety and comfort of vehicle users and other participants on road, automotive vibration absorber, an integral part of suspension system, are highly sought after in the automotive industry.

Ongoing Industry 4.0 Transformation to Fuel Universal Process Control Sales

LogoPervasiveness of automation has changed the definition of control, as process operations require efficient process control with limited or no downtimes. That said, the demand for universal process control continues to remain influenced with increasing need for efficient functionality of processes in the open and interoperable world. Technological changes, dynamic economics, budding pressure from customers and competition to enhance manufacturing are few of the challenges faced by enterprises. Universal process control supports manufactures in handling daily operational tasks by carrying out efficient plant management and provides a real time update on the activities taking place in the manufacturing unit. These challenges can be well addressed using universal process control, which is likely to drive the demand for universal process control in the coming years.

Robotic End of Arm Tooling Sales to Rise with Increasing Adoption of Collaborative Robotics

LogoIn the era of automation, another transformation apropos of robotics is no big deal as robotics has proliferated beyond the automotive industry into many sectors. This factor has driven the need for advanced robotic end of arm tooling to cater demands such as quick changeovers and multi-tasking. With pervasiveness of robotics in the industrial world the robotic end of arm tooling market growth is inevitable with increasing applications of robotic end of arm tooling across industries such as retail and food and beverage. According to RIA (Robotic Industries Association), use of robotic end of arm tooling in non-automotive sector increased by 20% in 2017 as compared to 14% in the automotive industry. Competitive tension in the robotic end of arm tooling space has made it imperative for manufacturers to carry out differentiation, mainly with respect to flexibility in robotic end of arm tooling, reveals RIA. Be it gripping, operating or clutching, robotic end of arm tooling variants differ in terms of mode of working depending on force requirements. Moreover, to carry out product differentiation, various developments in robotic end of arm tooling approaches have been introduced, such as automatic tool changers, traditional changeovers, dexterous and effectors and built-in adjustability. These approaches have enabled robotic end of arm tooling working along with human counterparts by embodying flexibility as required by new working environments.  Robotic end of arm tooling which is also known as end-effector is a device which helps robot in interconnecting with some other machineries around it, clutching, conducting and functioning on several parts. Robotic end of arm tooling or end-effector is one of the significant mechanisms and key part of the robotic system. According to the program, an introduction of cutting-edge technology is contributing in the growth and an improvement of robotic end arm tooling to implement the set of various tasks. Naturally, robots which are having multiple arms include multiple robotic end of arm tooling. Industry verticals applications are two segments of robotic end of arm tooling market. Food & beverages industry is the one which get maximum benefits from robotic end of arm tooling to grow its efficiency and production capacity. 

Fracking Fluid Consumption Rises in Combined Applications of Hydraulic Fracturing and Horizontal Drilling

LogoOil and gas sector's rebound from its down turn, owing to geopolitical tensions, has resulted in an increase in oil prices from US$ 30 per barrel in 2016 to US$ 70 in 2018 which is expected to aid the fracking fluid market. Increasing oil exploration activities with reduced drilling costs continue to influence the demand for fracking fluids. For instance, according to IEA (International Energy Agency), an upswing in drilling activities in the United States have been witnessed. That said, the market for fracking fluid is likely to remain optimistic in the coming years.

Automotive Interior Trim Manufacturers Leverage Green Technology to Fit in Environment Friendly Trend

LogoConveying brand appeal and design has been the foremost concern of automotive manufacturers that has led to the development of unique automotive interior trims in MUVs, SUVs and other passenger vehicles. With a superior fir, aesthetic properties and finish in focus, manufacturers of automotive interior trims are using new materials for various automotive interior components including dashboard, doors and seating. Various wood composites, natural fiber components, fiberglass and glass mat composites are being used in automotive interior trims to cater to critical design considerations according to customer requirements, as  automotive interior trims are customizable.

Buoyancy of Paints and Coatings Industry Complements Photoinitiator Sales

LogoA photoinitiator is a molecule that creates reactive species such as free radicals, cations, or anions when exposed to radiation - UV or visible. Synthetic photoinitiators are key components used in photopolymers. These polymers are further utilized to produce photo-curable coatings, adhesives, and dental restoratives.