Metrology Services Market is Expected to Reach USD 720.3 Million Globally in 2018: Transparency Market Research


Transparency Market Research published new market report "Metrology Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018," the global metrology services market is expected to reach USD 720.3 million by 2018, growing at a CAGR of 8.2% from 2012 to 2018. Increased focus on precision and accuracy in manufacturing processes has led to the growth of metrology services market. Considering the complexity of the manufactured parts, it is important to have one or more measurement technologies to ensure accurate measurements in order to improve/maintain quality of the product. Metrology services market is witnessing strong growth from end user industries such as automotive sector, aerospace, and power generation industry.

The global metrology services market is segmented by product type into two major categories as coordinated measuring machines (CMM) and optical digitizers and scanners (ODS). Metrology services market for CMM is expected to grow at a CAGR of 7.2% from 2012 to 2018. Increasing demand for CMM related services such as machine installation, calibration, retrofitting, and repairing among others is supporting the growth of metrology services market. ODS, which is the largest and fastest growing segment, is expected to grow at a CAGR of 8.9% from 2012 to 2018 and reach the market size of USD 435.8 million by 2018. Among all the product segments of ODS, the demand for 3D laser scanners is highest as it offers measurement with precision of difficult geometries with the help of touch probe technology. 3D laser scanners accounted for the total share of around 35.1% of the total ODS market in 2012.

Among the end user industries, industrial segment that comprises processing industries, metal fabrication industry, and others is the largest contributor to the global metrology services market. This segment accounted for around 28% share of the total metrology services market in 2012. Automotive industry is expected to be the fastest growing end user segment and is expected to grow at a CAGR of 8.7% from 2012 to 2018. Technological advancement in automotives has increased the level of precision of the parts and components, thus creating the demand for metrology products and services.

Europe was the leading regional market in 2012 and accounted for around 31% share of the global metrology services market. Increased demand for metrology services in industrial and aerospace applications in Europe was majorly responsible for its leading share in global market. Asia Pacific is expected to grow at a CAGR of 9.2% from 2012 to 2018 and surpass Europe and North America by 2013 to become the leading regional market for metrology services. This growth is mainly fuelled by the demand from booming automotive industry in Asia Pacific along with other end use industries including manufacturing, medical, and others.

Some of the leading players in metrology services market include Hexagon AB, Carl Zeiss, Mitutoyo Corporation, Nikon Corporation, Renishaw, Faro Technologies, and others. Hexagon was the market leader in global metrology services market in 2012 followed by Carl Zeiss.

Various sub segments which are identified and analyzed are:

Market segments by product type

Coordinate Measuring Machines (CMM)
  • Gantry machines
  • Bridge machines
  • Articulated arm machines
  • Horizontal arm machines
Optical Digitizers and Scanners (ODS)
  • 3D laser scanners
  • White light scanners
  • Laser trackers
Market segments by applications
  • Automotive
  • Aerospace
  • Industrial
  • Power generation
  • Others (medical and electronics)
Market segments by geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the world (Latin America, Middle East and Africa)

About Us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

» Read More...

HVAC Equipments Market to Exceed USD 139 Billion by 2018, Globally: Transparency Market Research

Transparency Market Research published new market report "HVAC Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018," the global HVAC equipment market is expected to exceed USD 139 billion by 2018, growing at a CAGR of 8.9% from 2012 to 2018.

Factors such as changes in energy regulations, technological developments by manufacturers to meet these energy efficiency requirements, and growing demand across commercial sector, especially in Asia Pacific region, are some of the key growth drivers. However, the magnitude of impact of these factors on the market varies on a regional basis.Asia Pacific in particular is experiencing high growth due to robust economic activities, resulting in increased urbanization and rise in consumer spending on luxury goods and services. In addition, growth across North America is showing signs of recovery, particularly in the residential sector. Growth in the non-residential sector, especially across the industrial segment, is slow due to dormancy in industrial activities.

The commercial segment for HVAC equipments is growing at a healthy rate, with the tourism sector taking the lead. Commercial segment alone accounted for approximately 40% of market share in 2012.Activities of industry participants highlight key challenges faced by them and concurrent growth strategies adopted. These players under the stress of market saturation and low profit margins in the developed markets of North America and Europe are now focusing on emerging economies of Asia Pacific and Latin America. Moreover, the binding effect of different environmental protocols/treaties is pushing the need to develop environment friendly equipments, which require heavy investment in research and development activities. This has poised capital challenges for new entrants to the market.

Analysis of the global HVAC equipment market based on different components identifies cooling units as a dominant segment. Control systems segment is expected to see CAGR of 6.9% for the period 2012 - 2018. This growth is supported by increased usage and demand of control devices from manufacturers. Manufacturers in order to meet changing consumer behavior are developing smart solutions which are then incorporated in new equipments, so as to make them more efficient and responsive to consumer requirements. This has dual impact as it not only generates demand for new equipments but also replacement demand for the obsolete and inefficient equipments.

The revenue analysis of the industry players identified Carrier as the leading player, followed by Daikin in 2012. However, Daikin with its recent acquisition of Goodman is expected to overtake Carrier as the global leader in the near future. The other important players are Haier, Samsung, LG, and Electrolux. Apart from these global players, considerable share of the market is held by different regional and small players. Collectively, they accounted for more than one third of the global market share in 2012.

In all, the report includes comprehensive analysis of the global HVAC equipments market, by segmenting it into various sub segments such as:

Global HVAC equipments market, equipment type
Heating equipment
  • Heat pumps
  • Furnaces
  • Unitary heaters
  • Boilers
Cooling equipment
  • Room air conditioners
  • Unitary air conditioners
  • Coolers and others
Ventilation equipment
  • Ventilation fans/Air pumps
  • Humidifiers/Dehumidifiers
Global HVAC equipments market, by application
·         Residential
·         Industrial
·         Commercial
o    Hospitality
o    Construction
o    Others 
Global HVAC equipments market, by components
o    Fan Coil Unit (FCU)
o    Heating unit
o    Cooling unit
o    Ventilation/ductwork
o    Control systems
Global HVAC equipments market, by geography
o    North America
o    Europe
o    Asia Pacific
o    Rest of the World (RoW)


TABLE OF CONTENTS

Chapter 1
Preface

Chapter 2 Executive Summary

Chapter 3 HVAC Equipments Market Analysis

Chapter 4 HVAC Equipment Market, by Equipment Type

Chapter 5 HVAC Equipments Market, by Applications

Chapter 6 Global HVAC Equipment Market, by Components

Chapter 7 Global HVAC Equipment Market, by Geography

Chapter 8 Competitive Landscape

Chapter 9 Company Profiles



About Us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

» Read More...

Global Adhesive And Sealants Market is Expected To Reach USD 31.64 Billion And USD 7.92 Billion, Respectively By 2018: Transparency Market Research

Transparency Market Research published new market report "Adhesives and Sealants (Acrylic, PVA, PU, Epoxy, EVA, Silicones) Market for Construction, Automotive, Packaging, Assembly, Pressure Sensitive Tapes and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018", the global market for adhesives was valued at USD 22.70 billion in 2012 and is expected to reach USD 31.64 billion by 2018, growing at a CAGR of 5.7% from 2012 to 2018. The global sealant consumption was 1,700.5 kilo tons in 2012 and is expected to reach 2,208.2 kilo tons by 2018, growing at a CAGR of 4.4% from 2012 to 2018.


The growth of major end use industries such as packaging, construction and automotive is expected to boost the market for adhesives and sealants. In order to reduce reliance on synthetic (petroleum derived) adhesives and sealants, major industry participants have been shifting their focus towards developing bio-based or environment friendly alternatives.

Asia Pacific dominated the global adhesives market and accounted for over 40% of the total adhesives market in 2012. Asia Pacific is also expected to be the fastest growing market, at an estimated CAGR of 5.2% from 2012 to 2018. The region also led the sealants market with 36.4% share of the global market in 2012. Asia Pacific was followed by Europe and North America, in terms of consumption in 2012. North America is a saturated market and is expected to show moderate growth over the forecast period.

Acrylic based adhesives emerged as the fastest growing and the largest consumed product that accounted for 35.4% of the total adhesives consumed in 2012. Silicone based sealants dominated the market in 2012 and are expected to be the fastest growing product segment, at an estimated CAGR of 5.0% from 2012 to 2108. Polyurethane sealants (PU-Sealants) accounted for 28% of the global sealant demand in 2012.

Adhesives and sealants find applications in construction, packaging, automotives, pressure sensitive accessories and tapes, etc. Furniture is expected to be the fastest growing market for adhesives at a CAGR of 5.9% from 2012 to 2018. On the other hand, automotive industry is expected to be the fastest growing market for sealants at an estimated CAGR of 5.3% from 2012 to 2018.

Some of the key manufacturers of adhesives and sealants include 3M, Henkel, BASF, Dow Chemical Company among others.

The report segments the global adhesives market as,
Adhesives Market: Product Segment Analysis,
  • Acrylic
  • PVA
  • Polyurethanes
  • Styrenic block
  • Epoxy
  • EVA
  • Other (including silicones, polyisobutylene)
Adhesives Market: Application Segment Analysis,
  • Pressure sensitive applications
  • Packaging
  • Construction
  • Furniture
  • Footwear
  • Automotive
  • Other (aerospace, electronics, etc)
Adhesives Market: Regional Analysis,
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (Africa, Middle East and Latin America)
The report segments the global Sealants market as,
Sealants Market: Product Segment Analysis,
  • Silicones
  • Polyurethanes
  • Acrylic
  • Polyvinyl acetate
  • Other (including polysulphide, EVA, etc)
Sealants Market: Application Segment Analysis,
  • Construction
  • Automotive
  • Packaging
  • Assembly
  • Pressure sensitive tapes
  • Consumers
  • Other (aerospace, electronics, etc)
Sealants Market: Regional Analysis,
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (Africa, Middle East and Latin America)

About Us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact:

Transparency Market Research
90 State Street, 
Suite 700, 
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453

» Read More...

Search This Blog

About Me

My photo

The dedicated team of researchers and analysts at Business Research Industry into the Advantage of Knowledge for your company. Data becomes knowledge through the application of Dolcera's optimization process as follows.

Archives

Business Research Industry. Powered by Blogger.