In-Circuit Test Market 2019 New Report Size, Trends, Share, Growth Forecast By 2024

The global in-circuit test market is projected to reach USD 1.3 billion by 2024 from an estimated market size of USD 1.0 billion in 2019, at a CAGR of 4.9% during the forecast period. The global market is set to witness significant growth owing to various application types of PCBs are increasing in the consumer electronics and telecom sector along with the growing adoption of cloud computing and IoT devices.

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The Mixed segment is expected to be the fastest market during the forecast period

The Mixed segment is projected to be the fastest in-circuit test market, by type, during the forecast period. Mixed-signal in-circuit test is widely used in the North America region as the investments in the semiconductor industry is increasing year on year in the region. According to the Semiconductor Industry Association, total R&D expenditure by US semiconductor firms was USD 71.4 billion in 2018. The R&D expenditure as a percent of sales was 17.4% in the semiconductor industry for the year 2018. These investments are expected to drive the market for mixed-signal devices and its in-circuit test in the forecast period.

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The compact segment is expected to be the largest segment in the in-circuit test market, by portability, during the forecast period

The compact segment is expected to grow at the highest rate during the forecast period. The compact in-circuit test features include onboard programming, easy maintenance, small footprint, low power consumption, and enhanced operator safety. The applications for compact in-circuit test includes electric vehicles, smartphones, PCs and other home appliances. The surging adoption of advanced electronics in sectors such as automotive, aerospace and consumer goods that requires compact PCBs is one of the key reason for the growth of compact in-circuit test market.

Asia Pacific is expected to dominate the global in-circuit test market during the forecast period.

The growing demand for consumer electronics such as smartphones, laptops, televisions and other electronic appliances are the driving factors for the growth of the Asian in-circuit test market. The growth of the in-circuit test market can be attributed to its low cost and wide area of its application. Demand for the in-circuit test is on the rise in China, which is the primary consumer electronics industry in terms of production and deployment. According to the South China Morning Post, China plans to invest USD 29 billion in the domestic chip industry, which is used in various consumer electronic appliances.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the in-circuit test market. These include Teradyne (US), Test Research (Taiwan), Keysight Technologies (US), HIOKI EE (Japan), and SPEA S.p.A (Italy). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Bag Filter Market - Industry Analysis And Forecast to 2023 – By Product, Processing Method, And Region.

The global bag filter market is projected to reach USD 10.2 billion by 2023 from an estimated USD 7.8 billion in 2018, at a CAGR of 5.54%. This growth can be attributed to the environment and safety regulations set by different governments to reduce air pollution, growth in the cement and mining industry, and requirement of a safe working environment in industries.

The pulse jet segment is expected to hold the largest share of bag filter market, by type, during the forecast period.

The pulse jet segment is estimated to dominate bag filter market in 2018 and is projected to have the largest market share during the forecast period. This is mainly due to the fact that pulse jet filters allow cleaning of the pollutants without hampering the production process in industries such as cement and mining. Pulse jet filters are increasingly used in industries such as cement, power generation, and mining to regulate the particle emission and to meet the emission standards.

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The nonwoven segment is expected to be the fastest growing segment of bag filter market, by media, during the forecast period.

The nonwoven segment accounted for the highest CAGR during the forecast period. Growth of this segment can be attributed to the highly efficient filtration level and high temperature resistance in applications in industries such as power generation and chemical industry. In the cement and mining industry, where there is an increased need to reduce particulate emissions, nonwoven bag filters offer optimum filtration performance in conditions such as high temperature and high flow applications.

Asia Pacific: The leading market for bag filters.

In this report, bag filter market has been analyzed with respect to 5 regions, namely, North America, South America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is estimated to dominate the global bag filter market in 2018 owing to the industrial pollution from countries such as China and India, where there is huge requirement for power and infrastructural development due to growing population. Other countries in this region are also investing in infrastructure and power generation projects to tackle growing population demands. The grot hog bag filter market in this region is also driven by increasing necessity to improve air quality in industries for workers. Failure to install bag filters can result into severe air pollution related diseases and subsequent death.

Opportunity:  Implementation of Mercury and Air Toxics Standards (MATS) in the US

The Environmental Protection Agency in the US introduced MATS to reduce mercury and other toxic air pollutants that are generated by coal- and oil-fired power plants across the country. The standard was implemented for all coal- and oil-fired electrical generating units that are larger than 25 MW. Due to the implementation of this standard, about 1,400 coal-fired power plants are being affected.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in bag filter market. Some of the key players are Babcock & Wilcox (US), Eaton (Republic of Ireland), Donaldson (US), Camfil Farr (Sweden), and Parker Hannifin (US). The leading players are adopting various strategies to increase their shares in bag filter market.

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The pointers given below highlight the new emission standards:

• All existing and new coal-fired power generation units now have numerical emission limits for mercury, PM, and Hydrogen Chloride (HCl).
• All existing and new oil-fired units now have numerical emission limits for PM, HCl, and Hydrogen Fluoride (HF). These power plants can also show MATS compliance for HCl and HF by limiting the moisture content of the oil used.
• The MATS replace a hard-numerical emission limit for dioxin/furan for new and existing coal- and oil-fired power plants, with work practices that require an annual performance test and tune-ups. To demonstrate compliance, plants will need to submit documentation that the unit has undergone regular inspections and maintenance, once every 36 months.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Permanent Magnet Motor Market Size, Share, Analysis, Regional Outlook and Forecast 2018-2023

The global permanent magnet motor market is expected to grow from an estimated market size of USD 29.50 Billion in 2018 to USD 45.13 Billion by 2023, at a CAGR of 8.87%, from 2018 to 2023. The global market is set to witness a significant growth because of the increasing implementation of permanent magnet motors across industries. Growing robotics technology presents a significant opportunity for the permanent magnet motor market.

Permanent Magnet AC Motor: The largest segment, by type, during the forecast period

The permanent magnet AC motor segment is expected to hold the majority share of the permanent magnet motor market during the forecast period. Growing investment in consumer electronics and government initiatives to promote the use of energy-efficient motors are the major factors driving the permanent magnet motor market in the Asia Pacific region. The Asian market players, such as Yaskawa, Nidec, Toshiba Corporation, and Johnson Electric are involved in the manufacturing of permanent magnet AC motors. These factors have resulted in the highest market share of the permanent magnet AC motor segment in the permanent magnet motor market.

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The up to 25 kW segment accounts for the largest share of the permanent magnet motor market, by power rating, during the forecast period

The up to 25 kW segment is expected to be the largest market, by power rating, from 2018 to 2023. The factors driving the market for permanent magnet motors ranging up to 25 kW include vast implementation of these permanent magnet motors in textile, pulp & paper, medical devices, aerospace, robotics, window shutters, air conditioners, door shutters, and electrical vehicles.

Objectives of the Study:

1. To define, describe, and forecast the global permanent magnet motor market on the basis of type, power rating, end-users, and region
2. To provide detailed information on major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
3. To strategically analyze the market with respect to individual growth trends, future expansions, and contributions to the market
4. To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
5. To forecast the growth of the market with respect to major regions (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
6. To profile key players and comprehensively analyze their market ranking and core competencies
7. To analyze competitive developments, such as mergers & acquisitions, expansion, new product developments, and contracts & agreements in the field of market

Asia Pacific: The fastest-growing market for permanent magnet motor

In this report, the permanent magnet motor market has been analyzed on the basis of five regions, namely, Asia Pacific, North America, Europe, and the Middle East & Africa. The permanent magnet motor market in Asia Pacific is driven by countries such as China, India, Japan, and Australia. Asia Pacific has economies with increasing industrial & manufacturing sectors, automotive, consumer electronics, chemicals and processing, and paper & pulp. The demand for permanent magnet motors in these sectors is driven by rapid industrialization, rising population, and urbanization. Countries such as China and Japan have implemented energy efficiency standards to save electricity consumption. This drives the market for permanent magnet motors. Governments of major economies in Asia Pacific promote the use of energy-efficient motors in order to save electricity. This drives the market for permanent magnet motors in Asia Pacific.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the permanent magnet motor market. These include GE (US), Siemens (Germany), ABB (Switzerland), Toshiba Corporation (Japan), and Emerson (US). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com