An electric fuse is an electrical safety device that operates to provide the over-current protection and is generally used as a conduit between an electrical power source and an electrical component. Electric fuses are the essential part of electrical systems in cars, motorcycles, trucks and other types of vehicles and they function to stop electricity from flowing to a particular component as a result of the unsafe electrical condition. Today, automobiles require a lot of electrical fuses for essential activities such as passenger safety and electric car charging stations resulting in a higher demand for electric fuses in the automotive manufacturing industry. The market for electric fuse is expected to increase due to growing industrialization, automobile sector revolution, rising domestic power demand, increasing demand for power transmission equipment.
Growing in-vehicle electronics
Technological advancement in the semiconductor industry has led to the development of electric fuse technologies that are used particularly in the automotive industry. There is an increasing demand for electronic systems within the automotive industry owing to increased attention towards the vehicle-to-vehicle and vehicle-to-infrastructure communications, convenience as well as onboard safety, thus driving the growth of the market during the forecast period. The adoption of electronic systems is growing as technology becomes more widely available on mid-range and entry-level cars, providing another avenue for electric fuse manufacturers to generate higher revenues. In addition, due to the benefits of smart sensors like high reliability, low power consumption and failure detection also boost the demand for vehicle electronics which is further expected to propel the market growth opportunities for the electric fuse market in the coming years.
Significant growth of the world’s electricity transmission and distribution industry
With a growing population, the demand for energy demand continues to increase which is expanding the scope of electric fuse adoption in electricity transmission and distribution. The power delivery system today represents one of the most asset-intensive industries on the planet and a shift of government focus to reinforce the power T&D system in developing countries like India and China also opens up profuse opportunities for the electric fuse market. For instance, the government of India is encouraging investment in transmission and distribution system through schemes such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) that aims to provide power for every village.
Impact of COVID19 pandemic in overall electric fuse market
The disruption in the manufacturing industry due to COVID-19 has severe social, financial, and operational consequences which are forcing manufacturers to reassess risk management and contingency plans and new ways of working opportunities, all at the same time. Also, the current COVID-19 pandemic has drastically affected the consumer electronics industry from initial supply and manufacturing disruptions to upcoming demand shock with the uncertainty of the recovery timeline. Besides, the overall impact of global production shutdowns and collapsing demand coupled with the challenges with components supply will have a major economic impact in the short and medium run. Furthermore, the outbreak has dampened the demand for oil resulting in falling prices and declining production especially in the middle of Russia-OPEC price war. Such trend of falling prices is also observed in the electricity sector as the pandemic caused a tremendous drop in electricity consumption globally as businesses and industrial activities are halted, all such situations have drastically impacted the energy and power industry in the region which is further expected to restrain the growth of the market in short term.
Segment Overview
The electric fuse market has been segmented based on voltage, material, end-user, and geography. On the basis of voltage, the segmentation is done as, medium and low. By material, the segmentation is done into copper, silver, and bronze. Based on the end-user industry the classification has been done into energy and power, automotive, manufacturing, consumer electronics, construction, and others. Geographically, the market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
By the end-user industry, the automotive segment is projected to show decent growth during the forecast period on account of increasing investment by major market players. Also, advancement leads to increasing demand for in-vehicle electronics which is further expected to boost the market for electric fuse during the forecast period. In fact, it is estimated that the cost of electronics as a percentage of the overall vehicle cost is expected to increase from 30% in 2005 to 50% in 2030 (source: NXP Semiconductors). However, slowing growth of the automotive industry and a sharp downturn in production and sales from 2018 because of a slump in demand in the world’s biggest market China is expected to slow the growth of the market in short term. Furthermore, the current COVID-19 pandemic has drastically affected the industry from initial supply and manufacturing disruptions to upcoming demand shock with the uncertainty of the recovery timeline.
Geographically, the Asia Pacific region is projected to hold a noteworthy share in the global electric fuse market on account of expanding the automotive and construction industry and the presence of major market players in countries like China who is the world’s manufacturing center and constitute a significant share in global manufacturing output. Furthermore, the growing investment in the manufacturing and energy and power industry also supports the electric fuse market growth in the region throughout the forecast period. In addition, increasing product launches in the European region by major players shows a sign of development and growth in the region. For instance, recently, Mersen announced the launch of Modulostar® fuse-disconnector for application with power cylindrical low voltage fuses.
ABOUT THE AUTHOR:
Rajat Sudan is a Market Research Analyst at Knowledge Sourcing Intelligence, working on estimates and global/regional specific reports on multiple industries ranging from semiconductor to food and beverages, with a special knack for automotive and semiconductor. With the addition of his formal education in Economics, Commerce, and Finance, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets, visit www.knowledge-sourcing.com.
Electric fuses and shock!
BlogAn electric fuse is an electrical safety device that operates to provide the over-current protection and is generally used as a conduit between an electrical power source and an electrical component. Electric fuses are the essential part of electrical systems in cars, motorcycles, trucks and other types of vehicles and they function to stop electricity from flowing to a particular component as a result of the unsafe electrical condition. Today, automobiles require a lot of electrical fuses for essential activities such as passenger safety and electric car charging stations resulting in a higher demand for electric fuses in the automotive manufacturing industry. The market for electric fuse is expected to increase due to growing industrialization, automobile sector revolution, rising domestic power demand, increasing demand for power transmission equipment.
Growing in-vehicle electronics
Technological advancement in the semiconductor industry has led to the development of electric fuse technologies that are used particularly in the automotive industry. There is an increasing demand for electronic systems within the automotive industry owing to increased attention towards the vehicle-to-vehicle and vehicle-to-infrastructure communications, convenience as well as onboard safety, thus driving the growth of the market during the forecast period. The adoption of electronic systems is growing as technology becomes more widely available on mid-range and entry-level cars, providing another avenue for electric fuse manufacturers to generate higher revenues. In addition, due to the benefits of smart sensors like high reliability, low power consumption and failure detection also boost the demand for vehicle electronics which is further expected to propel the market growth opportunities for the electric fuse market in the coming years.
Significant growth of the world’s electricity transmission and distribution industry
With a growing population, the demand for energy demand continues to increase which is expanding the scope of electric fuse adoption in electricity transmission and distribution. The power delivery system today represents one of the most asset-intensive industries on the planet and a shift of government focus to reinforce the power T&D system in developing countries like India and China also opens up profuse opportunities for the electric fuse market. For instance, the government of India is encouraging investment in transmission and distribution system through schemes such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) that aims to provide power for every village.
Impact of COVID19 pandemic in overall electric fuse market
The disruption in the manufacturing industry due to COVID-19 has severe social, financial, and operational consequences which are forcing manufacturers to reassess risk management and contingency plans and new ways of working opportunities, all at the same time. Also, the current COVID-19 pandemic has drastically affected the consumer electronics industry from initial supply and manufacturing disruptions to upcoming demand shock with the uncertainty of the recovery timeline. Besides, the overall impact of global production shutdowns and collapsing demand coupled with the challenges with components supply will have a major economic impact in the short and medium run. Furthermore, the outbreak has dampened the demand for oil resulting in falling prices and declining production especially in the middle of Russia-OPEC price war. Such trend of falling prices is also observed in the electricity sector as the pandemic caused a tremendous drop in electricity consumption globally as businesses and industrial activities are halted, all such situations have drastically impacted the energy and power industry in the region which is further expected to restrain the growth of the market in short term.
Segment Overview
The electric fuse market has been segmented based on voltage, material, end-user, and geography. On the basis of voltage, the segmentation is done as, medium and low. By material, the segmentation is done into copper, silver, and bronze. Based on the end-user industry the classification has been done into energy and power, automotive, manufacturing, consumer electronics, construction, and others. Geographically, the market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
By the end-user industry, the automotive segment is projected to show decent growth during the forecast period on account of increasing investment by major market players. Also, advancement leads to increasing demand for in-vehicle electronics which is further expected to boost the market for electric fuse during the forecast period. In fact, it is estimated that the cost of electronics as a percentage of the overall vehicle cost is expected to increase from 30% in 2005 to 50% in 2030 (source: NXP Semiconductors). However, slowing growth of the automotive industry and a sharp downturn in production and sales from 2018 because of a slump in demand in the world’s biggest market China is expected to slow the growth of the market in short term. Furthermore, the current COVID-19 pandemic has drastically affected the industry from initial supply and manufacturing disruptions to upcoming demand shock with the uncertainty of the recovery timeline.
Geographically, the Asia Pacific region is projected to hold a noteworthy share in the global electric fuse market on account of expanding the automotive and construction industry and the presence of major market players in countries like China who is the world’s manufacturing center and constitute a significant share in global manufacturing output. Furthermore, the growing investment in the manufacturing and energy and power industry also supports the electric fuse market growth in the region throughout the forecast period. In addition, increasing product launches in the European region by major players shows a sign of development and growth in the region. For instance, recently, Mersen announced the launch of Modulostar® fuse-disconnector for application with power cylindrical low voltage fuses.
ABOUT THE AUTHOR:
Rajat Sudan is a Market Research Analyst at Knowledge Sourcing Intelligence, working on estimates and global/regional specific reports on multiple industries ranging from semiconductor to food and beverages, with a special knack for automotive and semiconductor. With the addition of his formal education in Economics, Commerce, and Finance, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets, visit www.knowledge-sourcing.com.
3D Motion Capture System – A Revolution for Media and Entertainment
BlogMotion Capture or mocap is a process in which the movement of people is digitally recorded. 3D motion capture systems are those systems that enable the users to capture those movements with the help of cameras and sensors then processing of those images or videos with the help of processing software. These systems are used across numerous industry verticals ranging from media & entertainment, healthcare, military and defense, sports and, others.
The growing applications of these systems across these industries is considered to be one of the prime factors which is propelling the market growth significantly during the next five years. These systems allow users to capture the real-time motion of humans and objects for attaining the required level of animation. The development of new games coupled with the decent growth in the gaming population is projected to significantly boost the adoption of these systems and thus, augment the market growth in the coming years. The development of VR games for gaming consoles along with the booming adoption of these games will further bolster the market growth.
Segment Overview
The 3D motion capture system market has been segmented on the basis of system, industry vertical, and geography. On the basis of system the 3D motion capture system market has been segmented into optical and non-optical. On the basis of industry vertical, the market has been classified into media and entertainment, healthcare, and others. Geographically, the market is segmented into the Americas, Europe Middle East and Africa, and Asia Pacific.
By system, the optical 3D motion capture system segment is projected to witness a substantial market share throughout the forecast period primarily on account of its wide application across the media and entertainment industry. The burgeoning growth in the making of 3D and high-tech animated movies is driving market growth in the near future. Furthermore, the booming investments by various production houses in 3D studios is further propelling the opportunities for the market to surge in the near future. Also, the rapid advancements in image capturing and processing technologies have enabled a significant increase in the demand for various solutions, thus resulting in the 3D motion capturing systems market growth in the coming years. In addition to this, the growing demand for augmented and virtual reality technology has also resulted in an increasing requirement for 3D capturing technologies, thus further augmenting the market growth in the coming years.
By industry vertical, the media and entertainment industry is anticipated to hold a considerable market share throughout the forecast period. The major factors that bolster the significant share of this segment during the next five years include the high adoption of these systems across the film making and game development sectors due to the rapid growth in the adoption of 3D gaming consoles and movies. Furthermore, the booming investments by developers and filmmakers in the adoption of the latest and advanced technologies further amplify the demand for these systems across this sector. The healthcare sector is projected to witness rapid growth during the next five years burgeoning adoption of these systems across the healthcare sector for the on account of technology adoption technology and investments in healthcare infrastructure in the major developing economies of the world is projected to be a key factor driving the growth of this segment during the next five years. Additionally, the emergence of wireless technologies has led to the development of personalized healthcare systems. This evolution has resulted in the fast global adoption of wearable devices that aids in an uninterrupted transmission of health-related information to service providers. The communication between patient and doctor is clear and precise and is devoid of ambiguities. This is one of the factors which is furthering enabling the growth of wearable display 3D motion capture system market.
Geographically, the North American region is anticipated to hold a major market share on account of the early adoption of technology and well-established semiconductor industry in countries like the United States and Canada among others. Furthermore, the presence of key market players in the region is also supplementing the 3D motion capture system market growthin the North American region during the next five years. The Asia Pacific region is projected to witness a noteworthy CAGR throughout the forecast period on account of rising investments in the up-gradation of healthcare infrastructure and the military and defense sector.
Competitive scenario
The growing investments by key market players as well as small players in the market in the form of R&D for developing new products and expanding the product portfolio along with facility expansions and acquisitions and partnerships in order boost the production to cater to the rising market demand and also to tap the potential that the market holds further shows the potential for the market to surge during the next five years.
ABOUT THE AUTHOR:
Rachit Gulati is a Market Research Analyst at Knowledge Sourcing Intelligence, working on estimates and global/regional specific reports on multiple industries ranging from automation to food and beverages, with a special knack for automotive and healthcare. With the addition of his formal education in Economics, Commerce, and Finance, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets, visit https://www.knowledge-sourcing.com.
Paper Coating Materials – The Essentials For Good Paper Quality
BlogPaper coating is a method that is used as a finishing process to treat paper and give it additional features. Paper coating materials are defined as the different types of substances that are used in order to coat the base paper, for the purpose of accelerating and improving its basic properties and in turn impart certain features to it, which include brightness, smoothness, and glossiness among others. The different types of paper coating materials have different features and different applications they are able to cater to effectively. The gloss-coated paper is shiny, is able to support high contrast and a vivid color definition unlike other types of coated papers, and is increasingly used for magazines, exhibits, and posters to draw attention. On the other hand, matte-coated papers are less shiny than the gloss-coated papers, similar to dull coated papers, is the least expensive kind of paper, and is used by many small businesses.
Paper coating is increasingly important as paper coatings such as glossy paper coating is able to facilitate the production and printing of high-quality photos possible with more accurate colors and limited contrast loss. Moreover, paper-coating materials are also able to give products an artisanal look as it can be used for wrapping purposes also.
Paper Coating Materials Market, By Product Segment
Different types of paper coating materials are used for enhancing the properties of the paper and board materials an impart glossiness, matte, smoothness among others. Some of the types of paper coating materials, which are one of the essential parts of the chemical and materials industry are discussed below.
Clay
This type of pigment is also known as kaolin clay and is also one of the most commonly used pigments in the paper and packaging industries for the coating of the different grades of paper. It is able to enhance the printability of the paper and is able to facilitate the extension of paper fibers.
Titanium Dioxide
This pigment is used for the purpose of coating the paper materials and is generally used in small quantities and only case of applications which involve the requirement of properties such as extreme whiteness, opacity, or pitch control. In addition, it can easily improve the base paper quality and increases the brightness of the paper.
Calcium Carbonate
Calcium carbonate is a type of coating pigment that is used most commonly and widely for paper and board grades. These are attached efficiently to the surface of the paper to be coated with the help of polyvinyl alcohol among some other materials. However, it cannot be used in the manufacture of acid paper is it is an alkaline type of coating pigment and can cause reactions. There are different types of calcium carbonates that are used as coating materials such as PCC (precipitated calcium carbonate) and GCC (ground calcium carbonates), but the PCC is increasingly preferred by the consumers.
Product Offerings by Market Players in Paper Coating Materials Market
The number of industries that are making the use of paper coating materials such as clays, calcium carbonates, and starch among others is increasing due to the growing concerns of the concerned about the quality of the papers produced for catering to the different industries. Thus, this is driving them to demand paper-coating materials in order to improve the product and enhance its overall properties. This is a factor, contributing to the increase in the paper coating materials market size. Moreover, the market players are highly involved and participating in the market to improve and enhance Paper coating materials products and to encourage the use of such products among the people. For example, Archroma, one of the leading companies dealing in the provision of dyes and speciality chemicals. It offers a product called the “Cartacoat”, which is able to facilitate the improvement of gloss properties of the lightweight coated paper by replacing the part so the coating such as kaolin. It shows the ability to be applied directly in the coating mix and is able to effectively maintain the gloss level. In addition, Omya AG, one of the leading companies dealing in the provision of industrial minerals provides a wide range of calcium carbonate products and auxiliary chemicals in order to cater to the demand for paper coating materials. It offers 4 calcium carbonate-based product families called the “Hydrocarb”, “Drycarb”, “Omyaglass”, “Omya Syncarb”.
The Hydrocarb family has different products for delivering high brightness qualities to the paper and contains ground calcium carbonates that can are used for both filling and coating purposes. Drycarb is a product family that includes all the dry or dried-ground calcium carbonate, these products are offered in large bags as well as water-soluble paper bags foe making the handling easier. These products have low anionic charge, easy storage, and excellent shelf life. The Omygloss are special pigments that are specifically designed to comply with the SC grades, and improving the features which include smoothness and gloss and Omya Syncarb are a product that is in the form of precipitated calcium carbonate, suited to meet the demands from the majority consumers and are most commonly used type. Therefore, these products offering by the market players in order to cater to the consumers effectively is aiding in boosting their market position and adding to their contributions towards fuelling the market growth.
Conclusion:
Currently, a different type of calcium carbonate products for use as paper coating materials is expected to hold a significant share in this market and is anticipated to witness a fast growth rate in the upcoming years due to the burgeoning demand from the paper industry as well as the packaging industries. With respect to current market trends, it is anticipated that the titanium oxide coating materials papers and boards will flourish in the upcoming years with demand being generated owing to the high amount of usage in the paper and packaging industry. There is a growing need for a well-developed and good-quality product, which has good durability, finish, and smoothness among other attractive characteristics. This is one of the major factors, which will continue to play a role in driving this market. In addition, it will attract many new entrants who will bring new and better changes and enhancement in paper coating materials. Thus, the market will remain competitive in the upcoming years and it is projected to show modest growth in the upcoming years.