Increasing Uses of Powder Metallurgy in Automotive Sector Boost Metallurgy Equipment Market

The  metallurgy equipment market  will touch USD 133.9 billion, propelling at a 3.3% compound annual growth rate, by 2030.

Digitalization is a key aspect of modern metallurgy. All practices are fully automated, whereby the utilization of robots is also expected in unsafe working areas, which essentially surges safety at the workplace.

The steelmaking equipment category, based on type, is likely to advance at the fastest rate, of approximately 3%, in the years to come. This can be attributed to the increasing usage of steel across sectors such as aerospace, automobile, marine, infrastructure, electronics, and equipment & machinery.

Moreover, steel is crush-and corrosion-resistant and, thus, enhances the durability and safety of automobiles. The increasing requirement for hybrid and electric vehicles is likely to further drive the demand for steel, boosting steelmaking equipment sales.

The milling machines category, based on equipment, accounted for the largest metallurgy equipment market share in recent years, and it will also propel at a significant rate during this decade. This can be because milling machines are highly versatile and can execute various functions, such as facing, turning, fillet making, chamfering, gear cutting, slot cutting, and drilling. 

Moreover, with the increasing labor charges in developed countries, businesses are utilizing software programs to control the spindle speeds, tool changes, and axis in milling machines. In addition, businesses are accepting CNC technology to enhance the efficiency of milling machines and the quality of work.

In the past few years, the aerospace & defense category, based on application, was the largest contributor to the industry. This can be because of the increasing requirement for powdered aluminum, steel, and titanium in different aerospace & defense applications because of their capability to reduce the weight of aircraft components and enhance their effectiveness.

Moreover, the rising passenger traffic & defense budget in the APAC and European regions also help the progression of this industry. For example, APAC had shown a rise of approximately 200% in airline traffic in March 2022 as compared to March 2021.

Increasing Count of Construction Projects Boosts Underfloor Heating Market

The underfloor heating market will touch USD 7,945.4 million, advancing at a 7.0% compound annual growth rate, by 2030.

The growth of this industry is mainly because of the rising consciousness regarding cost-effective heating solutions as well as the growing count of construction projects.

Additionally, because of the increasing living standard of people in European and North American nations, the industry has witnessed significant advancement. Heating controls allow central heating systems to function automatically, with the user’s only effort being to temporarily override or update the program.

Moreover, a hydronic underfloor heating system comprises thermal actuators, network pipes, zone valves, manifolds, and wiring centers, which together provide more heat compared to an electric system at a lower operating price. Therefore, hydronic, under the hardware category led the industry, and it will further advance at a 7.2% compound annual growth rate in the year to come.

Furthermore, heating pipes, under the hydronic subcategory, was the largest contributor to the industry. This can be mainly because they are the key element in such a system.

The residential category, on the basis of end user, was the largest contributor to the underfloor heating market, in the past few years. This can be mainly because of the increasing count of smart home initiatives, coupled with the extensive refurbishment activities. Additionally, businesses are producing technologies for effective heating in new and renovated apartments.

The commercial category, on the other hand, is likely to advance at the second-fastest rate, in the years to come. Due to the surging need for effective floor heating in retail enterprises and workplaces, the category will continue to advance.

Europe led the industry in recent years, and it will further advance at the highest rate, of more than 7.0%, in the years to come. This is because of the active involvement of government organizations in protecting the environment, through the utilization of energy-effective systems.

Furthermore, the German New Building Energy Act concentrates on the necessities for the energy performance of buildings, the usage and issue of energy performance certificates, and the employment of renewable energy in buildings.

North America is likely to witness the second-fastest growth in the years to come. This is because of the continuous funding of new technologies by the major companies operating in this region.

With the increase in the number of construction projects, the underfloor heating industry will continuously grow in the coming years.

Why DG Sets are Increasingly Becoming Popular in Thailand?

In Thailand there is a significant development in various infrastructures such as resorts, hotels, hospitals, offices, and others, which is generating a large necessity for power backup solutions, for instance, DG sets.

Moreover, DG sets are also gaining popularity in Thailand due to the increasing need for power generation systems on islands with unreliable or no grid connectivity. For example, as per an article in Taipei Times, Ko Phaluai Island in Thailand has zero central electricity source, as a result, individuals utilize small diesel-fueled generators to provide power.

DG sets can be turned off or on in just a few seconds, therefore these machines have fast response and by utilizing a liquid fuel, they can function without interruption for a long duration.

Increasing Residential Societies in Thailand Boost DG Sets Sell

Funding by governments and real estate organizations is increasing in the residential sector of Thailand. The advancement of the residential sector is well accompanied by that of the sector of corporate because it is boosting the requirement for semi-urban and urban housing, which significantly increase the need for DG sets in residential area.

Moreover, the Thailand government has enlarged its funding to develop and enhance its infrastructure in the last few years, via public–private partnerships and public investments. During the last decade, the Thailand government invested around USD 116 billion for the infrastructure progression. This will generate a positive impact on the sales of DG sets in the nation.

Types of DG Sets Used in Thailand

DG sets can be categorized based on their power rating, types of DG sets include 5–75 ­kVA, 76–375 kVA, 376–750 kVA, and above 750 kVA. Among these, the above-750-kVA DG sets are the most extensively used type in Thailand. This is mainly due to the high-power necessity in the industrial settings in the nation.

The nation is a top producer of high-tech goods, particularly those related to electronics and automobiles. In addition, the emphasis of the nation is on the manufacturing of additional value-added products, for its economic advancement, which urges startups to increase their facilities of production, as a result, increasing the need for DG sets.

Coming to an End

The DG set sector in Thailand is likely to advance significantly in the years to come with the surging competition between major providers of DG set. Furthermore, new businesses are more involved in collaborating with other providers, therefore further increasing the levels of competition.

 

Charging Ahead: Exploring Trends and Innovations in the EV Fast Charging Infrastructure Market

There is no doubt in the fact that EVs are the future of the vehicle industry. But one thing that is still left to be addressed is the time taken to charge an electric vehicle.

Fast Charging Always the Question

The common question asked with respect to EV is always, will EVs be charged in the amount of time taken to fill up a tank of a vehicle with petrol, diesel or even gas. Innovations have been happening in order to decrease the time taken for the electric vehicles to charge.

Governments are trying to come up with initiatives to boost the sales of electric vehicles, but this dream can turn in reality only than there is a proper fast charging infrastructure all over the world.

Why Not Slow Charging for EVs?

Slow charging, usually takes 6 to 12 hours at a 3kW power. Fast charging is becoming common in public infra, can take 1 to 3 hours at a power of 7-22kW.

Ultra-fast charging is the need of the hour to achieve the dream of complete electrification of vehicles, as will the infra for charging an ever-growing vehicle count. This infra could, eventually, be arranged in charging hubs in city centres, as planners build shifting mobility necessities into city design.

Managing the Grid Well

The power grid will take a huge toll, with the fast charging infra coming in place for charging electric vehicles, so a lot of thinking will be put in place for developing such an infra for fast charging, that charges the vehicles in a jiffy, and at the same time do not put much burden on the grid.

If a lot of vehicles are charged at the same time, then there is every chance that the grid will overloaded. Innovative solutions are needed to be thought of to build a bridge between the demand and supply. Battery storage systems can also be thought of.

 Can Ultra-Fast Charging Become a Reality

In the current scenario, as mentioned earlier, there is a call for an ultra-fast EV charging to say the least. But, can it become a reality anytime soon, remains the biggest question to be answered.

Regulatory hurdles are the biggest blockage to the development of an ultra-fast charging network, and there has to be continuous support from the governments to tech advances if it is to become a reality, anytime soon. Working with the network operators for electrification of transportation will hasten both the acceptance of EVs but also the rate at which charging infra is built out across the globe.

With an intention to quicken the adoption of EV, the demand of the fast charging infrastructure will grow substantially in the future, to reach USD 18,909.8 million by the end of this decade.

A Deep Dive into the World of Thin Film Encapsulation

There is no doubt that we are living in the world of science and technology as well as innovation.  The inclusion of innovation and technology has touched all the industries, and also the facets of life. When we talk of the display devices, a lot of development has gone into making the displays more advanced and vibrant in the contemporary scenario, especially the displays of wearable like smartwatches and fitness bands. The most advanced kind of display is the OLED display.

Well, this blog will not have a complete focus on the OLED display or technology, but on TFE or Thin Film Encapsulation, and why is it considered as the most advanced display technology going forward.

Some Insight into the Thin Film Encapsulation Technology

It is very common to see the people wearing smart wearable devices, and this trend will grow stronger ands stronger in the years to come.  With the increase of wearable devices, flexible active-matrix OLEDs are seen as the next-gen display tech. To guarantee protection of flexible devices, conventional encapsulation methods are not appropriate as a result of their characteristic rigidity, and TFE is considered as the most promising tech.

TFE is based on a multi-layer film, formulated of alternating inorganic and organic layers. The inorganic layers are characteristically made of metal oxides and function as the barriers of moisture. These layers are almost tremendously good barriers, but they are mechanically inflexible and brittle. Furthermore, these layers alone would obviously present pinhole defects, that in the long run would let oxygen and water in. In normal TFE structures, organic planarization interlayers are employed, for improving the mechanical properties of the multilayer and to limit the water infusion through the pinholes.

The organic layers are frequently put by ink-jet printing, while or ALD can be used for the deposition of the inorganic layers, usually made of nitrides or oxides. These layers must be put at low temperature, deprived of damaging the OLED stack, which is underneath. If seamlessly integrated, TFE could allow truly lightweight, flexible, devices, entirely on the basis of plastics.

TFE is consequently a very intricate design, where each component has to be physically, chemically, mechanically and optically enhanced, for assuring more than a few years of lifetime to the OLED device, deprived of damages. From the point of view of material design, TFE is tremendously challenging and incessant research is on-going, in order to optimize both the inorganic and organic layers materials and the consistent deposition processes.

Coming to a Close

In the contemporary time, the application areas of the thin film encapsulation have increased, and what’s more it is used in the latest smartphones and smart wearables. Smartphones and smart wearables are owned by almost everyone, and the number is only growing.

These are the main reasons why the demand for thin film encapsulation is on the rise, and it will reach a value of USD 310.4 million by the end of this decade.

Fusing Strength and Innovation: Navigating Trends in the Thermoplastic Polyester Engineering Resins Market

The thermoplastic polyester engineering resins market was USD 3,912.2 million in 2022, and it will touch USD 5,896.6 million, advancing at a 5.4% compound annual growth rate, by 2030.

The growth of the industry is attributed to the increasing utilization of these resins for various nonstructural applications as they can be utilized without filters and are usually tougher and more ductile than thermoset resins. Furthermore, they are extensively accessible to meet domestic requirements and are easy to recycle. The rising need from the automobile and electronic sectors is also propelling the advancement of the industry.

Thermoplastic Polyester Engineering Resins (TPER) Market
Thermoplastic Polyester Engineering Resins (TPER) Market

The polybutylene terephthalate category will advance at a steady rate in the years to come. This is because of the growing requirement for PBT in the electrical and automobile sectors. PBT has unique features, including heat resistance, semi-crystalline, and lightweight, because of which conventional materials including bronze, ceramics, and cast iron in the automotive sector are getting replaced.

In 2022, the automotive category, based on application, led the thermoplastic polyester engineering resins market, with 40% share, and it will remain leading in the years to come. The automotive sector has gained momentum, over the past few years, and key manufacturers of automobiles are utilizing thermoplastic polyester to produce parts of vehicles, which benefits them to lessen the overall weight of the automobiles.

In 2022, APAC dominated the thermoplastic polyester engineering resins industry, with 55% share, and it will remain dominant in the years to come. This is primarily because of the increasing requirement for automobiles and electronics in the continent. The requirement for vehicles is speedily rising in regional nations such as China, India, Indonesia, and Australia.

Therefore, the count of commercial, passenger, and local manufacturing facilities of automobiles is quickly increasing in these nations to meet international and domestic needs.

North America is likely to observe significant growth in the years to come. This is primarily because of the mounting need for recycled plastics, the existence of major players, and the growing emphasis on fuel-efficient vehicles, because of which manufacturers are extensively utilizing TPER to make their automobiles lightweight.

With the mounting utilization of such resins for numerous industrial applications, the thermoplastic polyester engineering resins industry will continue to advance in the years to come.

Wired for Mobility: Navigating the Automotive Wire Harness Market Landscape

The automotive wire harness market will grow at a compound annual growth rate of 4.7% by the end of this decade to reach a value of USD 59.3 billion by 2030. The increasing tech progressions and growing manufacturing of EVs are the key factors, which are responsible for the growth of the industry.

Moreover, the incorporation of high-voltage wiring harness systems in electric vehicles and lightweight harness systems, as well as the increase in the demand for light trucks and autonomous passenger cars, will support in the industry growth.

Automotive Wire Harness Market
Automotive Wire Harness Market

On the basis of propulsion, the ICE category was larger in the past, and it will continue to dominate in the years to come.

This is because of the fact that as opposed to EVs, more ICE-based vehicles are manufactured. Moreover, they are being quickly integrated with V2V and V2V connectivity, along with self-driving functionalities. Consequently, the significance of wire harnesses for transporting data and electricity among a variety of electronic sensors and systems is high in ICE automobiles.

On the basis of application, speed sensors will grow the fastest in the years to come. The accessibility of various customized speed sensors and growing global automobile sales are the key factors powering the advance of this category.

APAC is the leader of the automotive wire harness market , because of the growing production of EVs, as well as the large number of consumers for or ICE-based vehicles.
Basically, the growing requirement for passenger and commercial vehicles in Japan, China, India, and South Korea leads to the enormous volume of automotive production, driving the industry.

The LAMEA will have the fastest growth in the years to come in the years to come, because of the increasing vehicle production in Mexico and other nations of the region.

Duew to the increasing penetration of autonomous and electric vehicles in the world, the demand for automotive wire harness is on the rise. This trend will continue in the future as well, as there is no stopping to the growth of electric and autonomous vehicles.

What is Automotive Ethernet? Everything You Need to Know

Today’s automobiles are producing and transmitting huge quantities of data in order to execute advanced driver assistance systems, cameras and sensors, onboard diagnostics, smart safety systems, and in-vehicle-infotainment systems. Such in-vehicle networks need much quicker speeds than what has historically been possible utilizing buses like LIN, CAN/CAN-FD, PSI5, FlexRay, SENT, and CXPI networks.

Also, the need for better integration between vehicle subsystems is propelling fundamental architectural changes with a focus on scalable architectures and complex topologies, including gateways connected to a backbone.

Beyond the technical needs, such in-vehicle networks are also required to be cost-effective, light in weight, and work in rough conditions and extensive temperature ranges. They also require to be tremendously dependable, especially for systems made to protect the security of the passengers.

Automotive Ethernet answers all of these demands.

The automotive ethernet market is witnessing growth and is projected to reach USD 10 billion by 2030.

What is Automotive Ethernet?

Vehicle Ethernet is a low-latency, high-speed network physical layer. Vehicle Ethernet is based on recognized ethernet standards, and modified for use in automobiles. It utilizes a single pair of unprotected twisted cables for lightweight and low price.

It is made to permit the transfer of high volumes of information between in-vehicle modules to aid contemporary powertrain, ADAS, comfort, and infotainment systems. There are numerous different automotive ethernet standards, such as 10GBASE-T1, 100BASE-T1, and 1000BASE-T1, which can transfer information at speeds from 100 Mb/s to 10 Gb/s.

Benefits of Automotive Ethernet

In vehicles, automotive ethernet components provide numerous advantages, including:

High data rates allow high-speed, high-capacity data communications

  • Low latency offers negligible delay for real-time systems such as ADAS
  • High dependability with good noise immunity
  • Light in weight, space-effective, and lucrative cabling
  • Based on deep-rooted standards from reputable standards bodies

Moreover, automotive ethernet has been proven to meet the needs of both capacity and integration. For the purpose of achieving high data rates and reliability, automotive ethernet cables shall use PAM3/PAM4 modulation as opposed to nonautomotive Ethernet.

In the short term, however, automotive Ethernet can transport data approximately 100 times more rapidly than a bus and is better suited for future vehicle networks that will need to be capable of meeting their needs in terms of both performance and flexibility. The CAN, CANFD, LIN, and other networks are still relevant but they may prove less important in the next few years.

Automotive Ethernet Standards

As new workings for automotive Ethernet developed and speeds became quicker, standards establishments released new test and compliance needs that automotive makers and their suppliers should meet. To ensure the interoperability of hardware and the safe, predictable operation of the vehicle in different situations and working conditions, severe restraints are placed on noise, signal levels, and clock characteristics.

The testing methods specified by the standards, though deep-rooted for stationary Ethernet networks have made new design challenges for numerous automotive engineers familiar with working with slower serial buses like CAN and LIN.

Browse detailed report on Automotive Ethernet Market Size, and Business Strategies

How Is Food Preservative Industry Supporting Chitosan Market Growth?

Factors such as the rising consumption of chitosan in the biomedical, wastewater treatment, agrochemical, food and beverage, cosmetic, and bioplastic industries and increasing research and development (R&D) activities being carried out in this compound are expected to facilitate the chitosan market growth during the forecast years (2021–2030). According to P&S Intelligence, the market was valued at $1.8 billion in 2020. Chitosan refers to biodegradable and non-toxic sugar, which is derived from the hard outer skeleton of crab, shrimp, and lobster.

In recent years, the increasing shift of the food preservative industry from formalin to chitosan has become a major trend in the chitosan market. Food preservatives are added to perishable food products to extend their shelf life. Consumption of formalin-based preservatives leads to the occurrence of cancer, lung diseases, and skin ailments. Owing to the harmful effects of formalin, chitosan is being increasingly used as a food preservative by food and beverage companies. Moreover, the higher biocompatibility of chitosan than formalin will also fuel its use as a food preservative in the coming years.

Currently, the prominent players in the chitosan market, such as Primex ehf, KitoZyme LLC, FMC Corporation, Axio Biosolutions Private Limited, Bio21 Co., Heppe Medical Chitosan GmbH, Meron Group, AgraTech International Inc., and Marshall Marine Products Private Limited, are focusing on product launches to consolidate their position. For instance, in April 2020, Axio Biosolutions Private Limited introduced a next-generation chitosan-based wound dressing named MaxioCel. This dressing offers high comfort and rapid healing to patients suffering from skin abrasions, pressure ulcers, venous leg ulcers, diabetic foot ulcers, post-surgical wounds, cavity wounds, and donor site wounds.

Geographically, Asia-Pacific (APAC) held the largest share in the chitosan market during the historical period, and it is also expected to demonstrate the fastest growth throughout the forecast period. This can be attributed to the chelating feature of chitosan, which makes it ideal for the treatment of heavy-metal-laden industrial effluents. Moreover, the increasing R&D activities being conducted in chitosan and the surging incidence of chronic diseases will also augment the market growth in the region in the forthcoming years.

Thus, the rising consumption of chitosan in the biomedical and food and beverage industries will support the market growth in the upcoming years.

Innovative Impressions: Navigating the Trends in the Printed Electronics Market and Future-Ready Applications

Electronics are manufactured with the help of silicon or other semiconductor materials for a fairly long time. The process is complex as well as time-consuming. However notable miniaturization, high-performance and low power is attained. Instead, making flexible silicon-based electronics is not that easy either.

For addressing this issue, a new tech has arisen, the printed electronics. This blog will provide some valuable info on this tech, concentrating on how it can be used in practical applications.

What on Earth are Printed Electronics

Talking of printed electronics tech, it is a novel way to produce electronics, with the use of standard graphic arts printing procedures, for example screen printing, flexography and inkjet printing, numerous electronic devices and circuits can be fabricated on unconventional substrates. Nearly any material can be put to use for this purpose, be it plastic, paper, and textiles.

These sorts of next-gen electronics can be ultra-thin, stretchable, flexible. Furthermore, printed electronics make use of a simple and cost-efficient low-temperature manufacturing procedure and are compatible with automated mass production printing by the roll-to-roll principle.

Creation of Hybrid Electronics

It will be rally tough for printed electronics to compete with conventional silicon-based electronics in terms of reliability, performance, and capability to handle intricate designs. But the possibility of inserting electronics in any object and that too at a low cost seems an enticing prospect. So, the printed electronics are seen as a complementary tech for the conventional electronics.

This understanding inspires the formation of hybrid electronics. These can have the best qualities of the two. Such a hybrid system comprises a single or numerous silicon ICs for computational power and wireless communications, and sensors, actuators and possibly display manufactured with the printed electronics tech. The system can moreover be integrated on a flexible substrate all together or split in a flexible or rigid part.

 What are the Applications of Printed Technology?

It is because of all the unique characteristics; printed electronics can bring about new possibilities for numerous attractive applications that are either not practicable or not a perfect for the silicon-based electronics. Printed sensors are perhaps the most popular in the printed electronics and various sensor can be manufactured in all shapes and sizes on thin foils. Strain, force, humidity and gas sensors are some instances of the sensors.

Useful for IoT 

Internet-of-Things products in healthcare, retail, wearables, industrial and consumer applications are remarkably benefitted by with the use of printed sensors.

An example of this is a fall detection system, equipped with sensors embedded under the floor in housing units for aged people and assisted living facilities. This system is able to monitor the position of the people and movements in a room and sense instances when the help of the caregivers is required on an urgent basis

Coming to a Conclusion

It is because of the growing consumer electronics industry all over the world, the demand for printed electronics is on the rise. This trend will continue in the future as well, and the total value will reach USD 42.4 billion, by the end of this decade.