Thursday, October 17, 2019

Advanced Glass Market A Latest Research Report to Share Market Insights and Dynamics




New York, 17, Oct 2019: The global advanced glass market size is expected to reach USD 95,369.5 million by 2026 according to a new study by Polaris Market Research. The report “Advanced Glass Market Share, Size, Trends, Industry Analysis Report By Function (Safety & Security, Solar Control, Optics & Lighting, High Performance), Product Type (Laminated, Coated, Toughened, Ceramic), By Application (Construction, Automotive, Aerospace, Electronics, Sports, Others) ); By Regions, and Segments Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Advanced glass is made by using advanced substances like soda ash, natural gas and silica sand and cutting-edge technologies. The advanced glass is available in various types such as laminated, toughened, coated and ceramic glass among others. These are used because of its various benefits such as protection from ultraviolet lights, anti-shattering, and sound control among others. They are used in wide range of applications such as automotive, aerospace, construction, electronics, sports and others.   


One of the major factors driving the demand for advanced glass in the global market is the development of building and construction industry. Rapid urbanization coupled with increase in population has led to augment in demand for infrastructures, which in turn has propelled the demand in the global industry. Advanced glass offers heat and solar control, thus making it the perfect option for infrastructure. However, high costs associated with them Are expected to hamper the growth in demand in the forthcoming years. The increase in demand for renewable resources coupled with stringent regulations regarding usage of energy efficient materials is anticipated to bring in new opportunities for the key players in this market.

Laminated glass segment holds a major share in the global market. Increasing demand for aesthetics and infrastructure across the globe has propelled the growth in demand for this segment. Coated glass is also expected to exhibit rapid growth in the overall market. Asia Pacific is expected to witness exponential growth over the forecast period. Rapidly growing construction market in this region is projected to fuel the growth in demand for advanced glass. Automotive sector is anticipated to exhibit exponential growth over the forecast period. The increase in use as windshields in automotive sector is also expected to fuel the growth in demand for advanced glass across the globe.


Some of the leading players in the global market include Saint-Gobain, PPG Industries, Huihua Glass Co. Ltd., Guardian Industries, Sisecam Group, Glaze-Tech Industries, Nippon Sheet Glass Co., Ltd., AGC, Fuyao Glass Industry Group Co., Ltd., Sangalli Vetro Manfredonia, American Precision Glass Corp, Gentex Corporation, Schott AG, NSG Group, Xinyi Glass Holdings Limited, Occipital Inc, Abrisa Technologies, Murata Manufacturing Co Ltd, and CoorsTek, Inc., among others. The key players in this market have adopted the strategy of mergers and acquisitions as a major developmental strategy in order to gain competitive share in the global market. In addition to this, providing application specific advanced glasses is also expected to bring in new opportunities for the major players in this market.




Saturday, October 5, 2019

Heat Exchanger Market : Industry Perspective, Comprehensive Analysis and Forecast

The report “Heat Exchangers Market [By Product Type (Shell & Tube (U-Tube, Straight Tube (1 & 2 Pass Tube Side)), Plate & Frame (Gasket, Welded, Brazed), Air Cooled, Extended Surface, Heat Sinks, Regenerative, Printed Circuit (PCHE)); By Material of Construction (Carbon Steel, Stainless Steel, Nickel, Others); By Graphite Heat Exchanger (Cubic, Graphite Block, Polytube Graphite Shell & Tube Block); By Application Type (Pulp & Paper, Automotive, Healthcare, Chemical, Electronics, Petrochemicals and Oil & Gas, Food & Beverage, HVACR, Others), By Regions]: Market size & Forecast, 2018 – 2026” The Global Heat Exchanger Market Is Projected To Reach USD 33.01 Billion By 2026 According To A New Study Published By Polaris Market Research.
Heat exchanger is a very dynamic industry concerning raw materials, equipment manufacturing and end-use industries. A heat exchanger primarily works on the principle of convection and conduction for making transfer of thermal energy in the required processes. New technological developments and increased demand for energy-efficiency in almost every industrial and commercial sector around the globe has been a force majeure for the global heat exchangers market.
This industrial equipment is available of different types such as shell & tube, plate & frame, graphite and other heat exchangers types. Each type of heat exchanger includes its own set of pros and cons and is generally compared on the basis of purchase cost, installation cost, operating cost, and maintenance cost. Some of the primary criteria for choosing a particular type of heat exchanger includes operating pressure & temperature, application, available utilities, characteristics of the fluids, plot plan & layout constraints, considerations for future expansions, and mechanical considerations.
The global market has significantly evolved around the technological efficiency of the products, their raw materials and government initiatives for energy efficiency across the world. The change in consumer preference towards utilization of energy-efficient products, buildings and construction has also played a significant part in this gain.
Browse Complete summary of this report with TOC on “Heat Exchangers Market by Application and End User – Global Industry Analysis and Forecast to 2026” at: https://www.polarismarketresearch.com/industry-analysis/heat-exchangers-market
Manufacturing practices in chemicals & petrochemical plants and up gradations of plants and facilities has also resulted in reduced carbon emissions contributing to the global climate mandates. Reduction of volatile organic compounds in environment and specific regulations adopted specifically in European, American and Asian countries such as China has greatly affected the sustainability factor.
The heat exchanger market has also evolved in terms of advanced & innovative products for better & sustainable thermal efficiency in many operating utilities such as power generation by making use of renewable sources.
Asia Pacific industry is projected to be the largest market for the equipment sale in terms of revenue and volume both. The shift from western industrialization to the Asia Pacific has been the primary factor for driving this regional industry. The business operators or primarily the manufacturers have become increasingly and exceptionally globalized to make out higher value for cost and, simultaneously, compete to fulfill the rapidly emerging expertise in the Asian market. North America is yet another potential market with an established manufacturing base.
Company Profiles : 
The industry is highly fragmented in nature with many significant market players worldwide. Some of the global key manufacturers include Alfa Laval AB, Hughes Anderson, Kelvion Holdings GmbH, Koch Heat Transfer Co., SPX Corporation, HRS Heat Exchangers Ltd., Xylem Inc., AOI Heat Transfer Inc., and Hindustan Dorr-Oliver Ltd.
Key Segment Outlook
Product Type
  • Shell & tube
    • U- tube heat exchanger
    • Straight Tube (1 Pass Tube Side)
    • Straight Tube (2 Pass Tube Side)
  • Plate & frame
    • Gasket plate & frame heat exchangers
    • Welded plate & frame heat exchangers
    • Brazed heat exchangers
  • Air cooled
  • Extended surface
  • Heat sinks
  • Regenerative
  • Printed circuit heat exchanger (PCHE)
  • Others
 Materials Segments
  • Carbon steel
  • Stainless steel
  • Nickel
  • Others
Graphite Shell & Tube Segments
  • Cubic Heat Exchangers
  • Graphite Block Heat Exchangers
  • Polytube Graphite Shell & Tube Block Heat Exchangers
Application
  • Pulp & Paper
  • Automotive
  • Healthcare
  • Chemical
  • Electronics
  • Petrochemicals and Oil & Gas
  • Food & beverage
  • HVACR
  • Others
Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.polarismarketresearch.com/industry-analysis/heat-exchangers-market/speak-to-analyst
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact us
Mr. Likhil
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980

Electric Traction Motor Market Share by Type, Production, Revenue, Growth & Analysis by Regions

The global electric traction motors market is anticipated to reach USD 31.5 billion by 2026 according to a new study published by Polaris Market Research.
Electric traction motors are the most common means for powering locomotive engines in the currently developed railway industry, but with the growing need for sustainable use of energy, the advent of the application of traction motors has added to an efficient use and distribution of energy in the industry.
Electric traction motors are widely being used across several geographies particularly for the routes with dense traffic such as the suburban and urban railways or the long distance high speed lines that require electric traction to obtain the speeds required for inter-city travel. This equipment cut down energy losses to an estimated figure of approximately 15% with an assumption of energy at wheel of 100%. With application of new traction chain, energy inputs in locomotives decrease from 167% to around 143% under the similar assumptions. Application of electric traction motors in railway engines result in cut in energy loss wherein for transformers it reduces from 10.3% to 7%, converters from 18.1% to 4.7%, gearbox and motor from 18.2% to 12.2%, vehicle parking 7.6% 8.4% (higher percentage value due to reduced total loses) and power house & auxiliary systems from 12.4% to 9.9%.
DC traction motors were conventionally the moist used types on both electric and diesel-electric rolling stock, however the contemporary power electronics has enabled application of AC motors. For most of the new engines built today, AC motor is the most preferred type. AC motors have certain advantages such as its simple for manufacturing as this type requires no mechanical contracts for its functioning, lighter compared to DC motors for equivalent amount of power. Use of modern and advanced electronics allows the AC units to be controlled efficiently to improve traction and adhesion. It can be controlled with microprocessors to a specific degree which also helps in regenerating current down to almost a stop whereas DC regeneration fades quickly at low speeds. Moreover, AC motors are more robust and easier to maintain than DC motors. These products are also being used in electric vehicles, conveyors and industrial machinery in the present industry space. It automobiles too, more than DC the AC motors has the larger share of application.
Asia Pacific region is expected to be the fastest growing market for production of electric traction motors over the forecast period from 2018 to 2026. Development of the industrial equipment manufacturing industry in India, Japan and especially China with its massive domestic demand figures is the major driving factors for the regions fast increasing consumption of these products in the railway engine manufacturing industry.
The worldwide demand for freight and passenger rail equipment including its infrastructure and related services in 2016 was estimated USD 214 billion in 2016. The increasing network of railways globally is a major factor to contribute to the increasing demand of rail equipment including the electric traction motors.
The Western Europe has been dominating the global market for production of these products and also in terms of exports, followed by the Asia Pacific and the U.S. in the third position. But the increasing subways and urban light railway systems and yearly increasing investment in intercity high-speed rail lines in Asia Pacific countries due to need from its growing population, manufacturing industry of these products in the region is likely to witness the fastest growth in the next eight years. Some of the leading industry participants include Weg Sa, Toshiba, Skoda Electric, NIDE, General Electric (GE), CG Power, Bosch, Siemen, Traktionssysteme Austria, Alsto and Crr.
Market Segment Outlook
Product Type
  • DC Traction Motors
  • AC Traction Motors
Power Rating Type
  • >400 kW
  • 200 kW to 400 kW
  • <200 kW
Application Type
  • Railway
    • Engine Type
      • Electric Engines
      • Diesel Engines
      • Diesel-Electric Engines
    • Rapid Transit Vehicles
      • Electric Multiple Units
      • Diesel Multiple Units
      • Light Rail Vehicles
    • Railroad Cars
      • Freight Wagons
      • Passenger Coaches
  • Electric Vehicles
    • Battery Electric Vehicles
    • Hybrid Electric Vehicles
    • Plug-In Hybrid Vehicles
    • Fuel Cell Vehicles
  • Other Application Segments (including Conveyors, Industrial Machinery, Elevators)
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world.
Contact us-
Mr. Likhil
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980

Friday, October 4, 2019

Mobile POS Terminals Market Size To Reach $81.3 Billion By 2026


According to a new study published by Polaris Market Research the worldwide mobile POS terminals market is anticipated to reach over USD 81.3 billion by 2026. In 2017, the hardware component dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The rising number of cashless transactions and growing need for digital payments primarily drive the growth of this market. Mobile POS solutions enable users to conduct financial transactions at remote locations with increased convenience and ease. Growing proliferation of mobile devices, increasing internet penetration, and technological advancement boosts the adoption of mobile POS terminals. Mobile POS terminals are also capable of accepting payments through EMV chip-enabled cards, contact-less cards, and NFC enabled cards.


Mobile POS terminals are used by business to enable faster and easier checkouts. These terminals provide quicker checkouts during high volume transactions, thereby increasing customer experience. Mobile POS terminals are integrated with mobile devices such as smart phones and tablets, which offer benefits such as reduced serving time, higher workforce efficiency, while improve customer experience. These terminals are connected to inventory management systems, to further improve efficiency. Mobile POS terminals allow users to send digital receipts to consumers for better organization, and ease of use. Small businesses are increasingly adopting mobile POS terminals for increased profitability. Mobile POS terminals offer enhanced security as transactions are encrypted and not stored on devices. The declining prices of mobile devices, increasing demand for portable & wearable devices, rising NFC-based transactions, and technological advancements further supplement the growth of mobile POS terminals. The rising adoption of cloud-based and Android POS devices also boosts market growth. Integration of mobile wallet payments with mobile POS terminals to offer additional payment options to users is expected to create numerous growth opportunities in the coming years.
  
North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The growing adoption of advanced NFC and EMV-enabled devices with the aim to minimize frauds and security breaches related to payments are driving growth in this region. Increasing penetration of mobile devices, affordable mobile POS terminals, and growing acceptance by small and medium-sized businesses further supports market growth in this region. The use of POS terminals in varied industries such as healthcare, retail, and hospitality among others accelerates its adoption.

On the basis of components, the global mobile POS terminals market is segmented into hardware components, and software components. The hardware components include mobile devices, bar code scanner, and magnetic strip reader. The hardware is used across various industries with software varying according to industry specific requirements. The software segment is expected to grow significantly in the coming years owing to additional features offered such as customer loyalty programs, employee management, and business process monitoring. Growing adoption of cloud-based mobile POS solutions would also supplement market growth.


The various end-users of mobile POS terminals include retail, restaurants, healthcare, hospitality, and others. The retail sector is expected to dominate the market throughout the forecast period owing to high demand from large supermarkets and hypermarkets, grocery and departmental stores, and specialty retail stores among others. The retail sector is turning to mobile POS solutions to cater to the high volume of fast checkouts. Use of POS terminals in the retail sector ensures faster service, provides data related to past transactions, offers customer loyalty solutions, and reduces human errors.

The well-known companies profiled in the report include VeriFone Systems, Oracle Corporation, Ingenico S.A., Pax technology Limited, Squirrel Systems, Toshiba Corporation, Posiflex Tachnology, Panasonic Corporation, NEC Corporation, and Hewlett-Packard Company. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
Web: http://www.polarismarketresearch.com



Electric Vehicle Charging Infrastructure Market To Reach $56.9 Billion by 2026 | PMR


The Global electric vehicle charging infrastructure market is anticipated to reach USD 56.9 billion by 2026, according to a new study published by Polaris Market Research. The report ‘Electric Vehicle Charging Infrastructure/ Stations Market [By Connector Protocol (CHAdeMO, Combined Charging System); By Charger Type (Slow Charger, Fast Charger); By Charging Method (AC Charging, DC Charging); By Application (Commercial, Home); By Regions]: Market Size & Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.

Owing to the increasing adoption of the electric vehicles globally due to their reduced costs, increasing fuel prices, and increasing government initiatives such as subsidies and tax benefits along with strict environmental norms, the electric vehicle charging infrastructure market is projected to gain traction over the forecast period. In 2017, Asia Pacific region dominated the market by accounting the majority share in this market. 


There has been a significant increase in the adoption of electric vehicles (EVs) especially in the cars segment. Major companies are working towards developing and launching new EV models with advance research and development due to the growing demand. This scenario has credited the growth of the EV charging infrastructure market. Earlier the charging for these cars was done only at the residences, however, owing to the increasing number of EVs in the market, major companies along with the government organizations are coming up with the charging infrastructure for the public utility. These infrastructures are being commonly developed within the city limits, thus benefiting the customers to charge their cars at high speed with reduced time and cost.

The penetration of EVs is high in regions such as Asia Pacific, North America and Europe, thus making them prime revenue generators collectively of the EV charging infrastructure market. Asia-Pacific is a lucrative market with high development potential attributable to the fast expanding quantities of electric vehicles in countries such as India, Japan and China. In the Asia-Pacific region, Japan has the fastest adoption of EV charging stations. India on the other hand is following the suite and have recently installed their first charging station which was jointly developed by the government and an online cab service provider.   

Development of advanced DC chargers which can charge the EVs in less than 30 minutes are further helping the market to grow. Connectors such as CHAdeMO and Combined Charging System (CSS) along with superchargers developed by Tesla Motors, Inc are further fueling the growth of this market. In addition, the advancements in the charger type for creating fast charging arrangements are projected to drive the market development.


Major companies profiled in the report include ChargePoint, Inc., Schneider Electric SE., Tesla Motors, Inc., Delphi Automotive LLP, SemaConnect, Inc., SemaConnect, Inc., Leviton Manufacturing Co, Inc., General Electric, ABB Limited and AeroVironment, Inc. among others. These companies introduced new technologies and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of the consumers.

Key Findings from the study suggest Asia Pacific region is expected to command the market over the forecast years. Major automobile manufacturers are seen to be vigorously investing in advancing EV charging framework. For example, Bavarian Motor Works (BMW), Volkswagen, Ford Motors, and Daimler declared a venture for the advancement of over 350 charging stations throughout the European region. North America is presumed to be the fastest growing market, developing at a rate of more than 45% over the forecast period. The electric vehicle charging infrastructure market is presumed to develop at a CAGR of over 40.8% from 2018 to 2026. The fast chargers segment is presumed to display the speediest development.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
Web: http://www.polarismarketresearch.com



Thursday, October 3, 2019

Ambulatory Services Market Size, Segmentation, Opportunities, Forecast To 2026

 
New York City, 03 Oct 2019 : According to a new research published by Polaris Market Research the global ambulatory services market is anticipated to reach more than USD 3,812.7 billion by 2025.Ambulatory care denotes the medical service area provided to a patient without the need of hospitalization and other medical services. The ambulatory services include medical expert organizations, home healthcare, and medical laboratories. These service is one of the major hospital revenue provider and to the presentation of the hospital health care system. Ambulatory care provides treatment, consultation, observation, intervention, rehabilitation, and diagnosis to patient with unconventional medical treatments. In addition, telephone conferences, reintegration meetings, and emergency visits with patients is expected to appeal more patients in the direction of the ambulatory services, offering significant economic outcome. 
 
 
Ambulatory services market growth is majorly driven by factor such as growing requirement of ambulatory surgical visits. According to the Centers for Medicare and Medicaid Services 2016, about 20 million surgical procedures and around 35 million ambulatory surgical visits were performed in hospital outpatient departments (HOPDs), with approximately 15 million surgeries performed in ambulatory surgery centers (ASCs). Moreover, cost-saving surgeries compared to the hospitals, government investment for ambulatory care facilities, and rising government funding offering team-based primary care are another major factors enhancing the global market growth. 
 
Additionally, the increasing geriatric population with rising occurrence of chronic diseases requiring medical attention, new reimbursement policies by the government offering economic advantage, and adopting advanced technology, are the factors further propelling the growth of the global market. Furthermore, the growing demand for non-invasive and minimally invasive surgeries, inexpensive surgical costs, well equipped ambulatory service centers, and faster patient recovery time is expected to drive the market during the forecast period. 
 
 
The Ambulatory Services market is segmented by service type which include primary care offerings, emergency departments, outpatient departments, medical specialty, and surgical specialty. In 2017, the primary care offerings accounted for the majority share and dominated the market. This was followed by the surgical specialty segment which gained traction due to the technological advancements of the same-day surgeries for cataract and orthopedic issues. 
 
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
Web: http://www.polarismarketresearch.com 

Robotic Process Automation Market Share, Consumption, Trends & Growth | Industry Forecast


New York City, 03 Oct 2019 : The robotic process automation (RPA) market size is anticipated to reach USD 8,781.2 million by 2026 growing at a CAGR of 29.5%. Requirement of businesses to eliminate human errors due to manual interference in processes along with reduction in time consumption are factors responsible for positively influencing the adoption rate of RPA technology.

Previously artificial intelligence and robotic process automation were largely considered to be different technologies. But, with advancements in the offerings it is observed these technologies are complimenting each other in terms of handling processes. It enables organizations in processing huge volumes of data and in providing support for better decision making. Cognitive computing which covers wide array of areas including adaptive learning, speech recognition, and pattern identification is integrated in robotic process automation (RPA) solutions to transform and automate crucial business processes of organizations across multiple industry verticals.


The potential of achieving robust ROI from deployment of RPA completely dependent on the organizational requirements and business processes which are to be automated. In the near future, the market is expected to witness growing base of RPA vendors as they target to gain revenue share from this expanding market. This is expected through introduction of solutions which will cater to the rising need to automate business process management processes. Furthermore, the adoption is expected to intensify as the prices of RPA deployment are continually witnessing a declining trend. Moreover, this technology adoption provides organizations the capability to accomplish better outcomes from their process with benefits including reduction in costs, improved accuracy, and better compliance.
  
However, factors like reluctance in the transition phase from conventional business process to automation along with shortage in technical expertise required during deployment and integration of RPA solution are challenges which might affect the growth in this market. roThis market report includes insights with market size and forecast by process, by operation, by type, by industry, and by organization size. Analysis for each region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) is provided for all segmentation of the robotic process automation market research report.


North America is expected to be largest regional market while Asia Pacific regional market is expected to witness significant growth during the forecast period of 2018 to 2026. The region’s leading position is attributed to significant demand and preference of the BFSI industry vertical towards automation of business processes. Furthermore, presence of established and major players in North America region and availability of infrastructure for effective adoption of RPA is another factor responsible for the boost in adoption of robotic process automation solutions.

European region is expected to witness growth in this market as the region has a presence of significant amount of companies in the manufacturing and logistics sector. Adoption of RPA technology provides the capability to streamline pickup and drop operations. This eventually leads to reduction in cycle time ultimately resulting in enhanced customer experience.

The major key players operating in the robotic process automation (RPA) market include Blue Prism Group Plc (UK), Celaton Ltd. (UK), Softomotive (UK), Kofax Ltd. (U.S.), Xerox Corporation (U.S.), Automation Anywhere Inc. (U.S.), Ipsoft, Inc. (U.S.), UiPath (U.S.), Verint Systems Inc. (U.S.), Pegasystems Inc. (U.S.), Redwood Software (Netherlands), Daythree Business Services sdn bhd (Malaysia), and Kryon Systems (Israel).

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Web: http://www.polarismarketresearch.com


Tuesday, October 1, 2019

Electric AC Motors Market | Trends | Size | Future Growth Analysis | 2019-2026


New York City, 02 Oct 2019 : The global electric AC motors market is estimated to reach USD 166.5 billion by 2026 growing at a CAGR of 8.8% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Electric AC Motors Market Share, Size, Trends, & Industry Analysis Report, By Type (Induction AC Motors, Synchronous AC Motors); By Application (Automotive, Agriculture, Residential, Commercial, Industrial, Others); By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the Induction AC Motors segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

The increasing automation in various industrial processes, and use of electric AC motors in diverse applications such as healthcare, construction, automotive, and consumer goods among others is expected to support the market growth. Increasing use of electric AC motors in infrastructural development, and rising construction activities especially in the developing economies accelerates the market growth. Other driving factors include rising demand for household appliances, growing use in HVAC applications, and government support for development of high efficiency electric AC motors. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the electric AC motors industry during the forecast period.


Asia-Pacific generated the highest revenue in the market during 2017, and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, agriculture, construction, and automotive, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support the strengthening of electric AC motors industry in the region. The increasing sale of passenger vehicles, coupled with high penetration of electric vehicles in countries such as China, and Japan increases the adoption of electric AC motors in the region.

The different types of electric AC motors include induction AC motors, and synchronous AC motors. In 2018, the induction AC motors segment accounted for the highest share in the electric AC motors industry owing to the increasing demand from industries such as agriculture, paper & pulp, and chemicals. Some key features offered by induction AC motors include controlled acceleration, simplicity, low-cost, quiet, long-lasting, and low power demand on start, among others.


The well-known companies profiled in the electric AC motors market report include Siemens AG, Kirloskar Electric Company, Johnson Electric, Rockwell Automation, Inc., Baldor Electric Company, Allied Motion Technologies Inc., Ametek Inc., Asmo Co. Ltd., Franklin Electric Co. Inc., and ABB Limited among others. These companies are consistently launching new products to enhance their offerings in the electric AC market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
Contact us



Vibration Monitoring Market | Trends | Future Growth | Outlook to 2026


New York City, 02 Oct 2019: The global vibration monitoring market size is anticipated to reach USD 3,574.3 million by 2026 according to a new research published by Polaris Market Research. The report “Vibration Monitoring Market Analysis Report By Component (Hardware, Software, Services); By Monitoring Process (Online, Portable); By End-User (Automotive, Chemical, Aerospace and Defense, Food and Beverages, Construction, Mining, Oil and Gas, Others); By Regions: Market Size & Segment Forecast, 2019–2026” provides a complete analysis of present market trends and future insights.


In 2018, the hardware segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global Vibration Monitoring market revenue in 2018. The increasing modernization of factory equipment, and stringent regulations regarding energy efficiency and workforce safety majorly drive the market growth.


The growing adoption of IoT, cloud-based technologies, and machine learning further supports the growth of the market. The growing need to streamline operations for improving productivity and safety, while reducing maintenance time and cost would increase the adoption of vibration monitoring systems during the forecast period. Other driving factors include technological advancements, increasing adoption of smart factories, growing adoption of embedded systems, and increasing demand from emerging economies.

Vibration monitoring systems ensure that data is organized and decisions can be made efficiently. They collect real-time information, offer historical trends and graph data for further analysis. They generate alarms when abnormalities occur and send instant alarms to smart devices. They sense concerns such as imbalance, misalignment, bearing wear and looseness and provide predictive maintenance.

North America generated the highest market share in the Vibration Monitoring industry in terms of revenue in 2018, and is expected to lead the global market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of IIoT has accelerated the market growth in the region. The growing demand of mobile devices, automation of manufacturing process, increasing safety concerns, and technological advancements generate numerous opportunities for the market in this region.


The well-known companies profiled in the report include National Instruments Corporation, Emerson Electric Co., Bruel & Kiaer Sound & Vibration Measurement A/S, Meggitt PLC, Honeywell International Inc., Schaeffler AG, Analog Devices, Inc., SKF AB, General Electric, and Azima DLI Corporation. These companies are consistently launching new products to enhance their offerings in the Vibration Monitoring industry. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Electric scooter Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

  Global Electric scooter Industry:  Set to Witness Huge Growth  by 2026 According to a new research published by Polaris Market Research th...