As we’ve seen in the previous several years, the manufacturing industry is going through a tremendous stage of growth and the need for stable manufacturing companies is on the rise. Running such a business in this day and age calls for ongoing innovation and creative solutions, since it’s vital to stay stable in a time of financial turmoil and a crisis of this magnitude. Achieving such a complex goal while leading an organization in this competitive industry is truly challenging.
American President Joe Biden ordered an urgent overhaul of the supply chains for semiconductor chips, advanced batteries, pharmaceuticals, critical minerals, and other strategic products. The lack of these things is causing damage to the country’s industry.
IHS Markit announced that the initial value of the Purchasing Managers Index (PMI) for the manufacturing industry in the Eurozone in February was 57.7, and the expected value is 54.3. During the period, the initial value of the service industry PMI was 44.7, and the expected value was 45.9.
The global wild pollock market has foreseen a sluggish expansion at a CAGR of 1.2% over the past half-decade, however, is now poised to register a CAGR of 1.7% during 2020-2030. A myriad health advantages provided by wild pollock are increasing the market demand, but lockdowns are restraining delivery.
The global conveyor sprockets market is likely to exhibit at a CAGR of 3.3% through the period of assessment 2020 to 2030. Industrial automation has continued as a flourishing domain, providing automation machinery to various end-use sectors, comprising food & beverages, electronics, and automotive.
Russia announced the new model of the Orion-20M ekranoplan. There will be a new company created specifically for the project. The manufacturing is expected to be done in the Khabarovsk region. The news is surprising, since it is the region that is currently rocked by protests.
The rapid adoption of HPC in steel and welding, aerospace, automotive, manufacturing, and healthcare, finance, consumer packaged goods, energy consumption and production, weather forecast, and space research at a global scale can promote the expansion of the market in the review period.
At present, China has a negative image on the global arena, as a result of the Coronavirus that originated there. The pandemic continues to spread, and there are over 14.8 million infected and over 600,000 deaths around the globe. China has also been heavily criticized due to its handling of Hong Kong.
The global disposable protective clothing market was valued at $2.6 Trillion in 2018 and is projected to reach $46.8 Trillion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Protective clothing refers to various suits and uniforms worn to protect the user from harm. Protective clothing protects the personnel from physical, electrical, heat, chemicals, biohazards, and airborne particulate matter. Disposable protective clothing offers protection without the inconvenience of having to decontaminate used suits.
Travel restrictions imposed during the coronavirus outbreak has changed how the ICT industry operates on a significant scale. The pandemic has resulted in suspension of major business decisions in the sector. In addition, a number of projects have either been delayed or cancelled. Consequently, the demand for indium gallium arsenide is likely to dip in the near term. On the other hand, the demand for InGaAs is likely to be disrupted only till the end of 2020. The global indium gallium arsenide market has been projected to grow at an impressive 8.5% CAGR throughout the assessment period between 2020 and 2030.
The Global Event Stream Processing Market 2020 had raked in considerable revenues of $612.7 Million in 2018 and can touch a valuation of $1.66 Billion by 2023, estimate the experts at Market Research Future (MRFR). MRFR also projects the market to advance at a rate of 22.1% over the forecast period (2018 to 2013).
On Monday June 8, Honda was forced to shut down its manufacturing plants around the globe. It forced the employees around the world to be off work. The reason behind the shutdown was a mass-scale cyber attack that affected electronic and computer equipment. It is reprehensible given the fact that world economies continue to suffer due to the coronavirus.
The world is not going to be the same after the COVID-19 pandemic. The US Government is working on quantifying the damages coronavirus caused to the economy and China’s liability. The projected number is over $10 trillion. Also, there is a discussion of US defaulting on debt to China. Even though many nations are slowly starting to reopen their economies and providing plans in phases to reopen, the virus is still here.
Just in case you are looking for an ideal place to launch a manufacturing company, then China must be the last stop. Among many developed countries in the world, China won the crown for being the cheapest place for manufacturers. A lot of platforms compare the country with other nations but end up in getting huge favor to the Chinese industry.
If you also want to know why we call China the economical state to start a manufacturing business, then below are the interesting facts to learn. You will find out the reasons that it has become an ideal the place for the entrepreneurs to expand and grow.
These days online shopping has become part of many regular shopping habits in many households around the globe. It is supposed to simplify and save time compounded with convenience. With the emerging of the virtual assistants like Alexa, it is even easier. Being an Amazon prime member, the convenience of free guaranteed delivery within 48 hours and in some instances 24 hours is an attractive shopping method.
UltraSense Systems announced they have developed the world’s smallest and most integrated 3D ultrasound sensor. UltraSense Systems is a Santa Clara, CA-based company operating in stealth. The sensor panel now can be made from plastic, wood, ceramics and it will not be affected by any dirt or debris. In order, to make this possible the company designs the smallest chip possible.
The semiconductor manufacturing equipment market is projected to grow from $66.1 billion in 2020 to $103.5 billion by 2025; it is expected to grow at a CAGR of 9.4% from 2020 to 2025. Key factors fueling the growth of this market include the growing consumer electronics market, an increase in the number of foundries, and the trend of miniaturization and technology migration.
Research pertaining to synthetic DNA creation technology was published on December 9 by the ETH Zurich research team and an Israeli scientist. Every human being has unique DNA made up of molecules (nucleotides). Each nucleotide contains a phosphate group, a sugar group and a nitrogen base. The four types of nitrogen bases are adenine (A), thymine (T), guanine (G) and cytosine (C). The order of these bases is what determines DNA’s instructions, or genetic code. Human DNA has around three billion bases, and more than 99% of those bases are the same in all people. This is according to the US National Library of Medicine.
The European Union (EU) members will hold discussions on the November 19 in Brussels, Belgium on measures needed to stop China’s domination in the area of rare earth elements and other critical resources. The issue is relevant due to the US-China trade war and security issues. It does not help that Russia recently decided to send over 82 tones of monazite to China in the near future. Monazite is a reddish-brown phosphate mineral containing rare earth metals.
The automatic checkweigher market is expected to grow from $238 million in 2019 to $289 million, at a CAGR of 4.0%. Factors that augment the growth of the automatic check market include growing awareness among manufacturers about deployment benefits of automatic checkweighers and tightening regulatory norms pertaining to the packaging of goods.
The industrial gearbox market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023. Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the industrial gearbox market. In addition, increasing investments in renewable power generation, with a skew towards wind power, is driving the industrial gearbox market.
Silicone is one of the most versatile polymers existing today. Silicone exists in various forms, ranging from fluids, resins, and gels to tough, stiff, and strong elastomers. They are stable and inert compounds and are widely used in almost all the modern industries, including building & construction, transportation, personal care & consumer products, electronics, medical & healthcare, industrial process, energy, and others. The unique and useful properties of silicones such as low thermal conductivity, low chemical reactivity, low toxicity, and thermal stability make their products stronger, stable, user friendly, and durable.
The industrial filtration market is expected to grow from an estimated $25.89 billion in 2018 to $35.47 billion by 2023, registering a CAGR of 6.50% during the forecast period. This growth is primarily due to the growing industrialization and urbanization, stringent regulations pertaining to emissions and treatment of industrial waste, and requirement of safe working environment in industrial facilities.
The global arc flash protection market is projected to grow from an estimated $1.85 billion in 2017 to $2.41 billion by 2022, at a CAGR of 5.38% from 2017 to 2022. The market in North America is estimated to be the largest markets for arc flash protection system and equipment, followed by the market in Europe. This trend is expected to continue till 2022. The growth of the arc flash protection market is driven by increasing investments in electrical networks and growth of the manufacturing sector in South-East Asia.
This week, Durig looks at the auto industry to focus on a manufacturer who supplies components to many of the industry’s leader auto makers. American Axle & Manufacturing (NYSE:AXL), a leading supplier of driveline technology, recently released its second quarter results. The company registered solid free cash flow, net cash from operations and improving EBITDA and EBITDA margins (see bullets above).
The global Power Distribution Unit Market is projected to reach $5.2 billion by 2024 from an estimated $3.7 billion in 2019, at a CAGR of 7.1% during the forecast period. The rising investments in data centers along with increasing cloud-based networking are driving the demand for power distribution units.
According the latest research from Future Market Insights (FMI), the global sales of fertigation control systems reached ~$674 million in 2018, and are estimated to record a value Y-o-Y growth of 6.4% in 2019.
This week, Durig Capital takes a look at an industrial designer, manufacturer and marketer of aftermarket parts for light vehicles, commercial trucks and other industrial uses. Tenneco (NYSE:TEN) is on track and getting ready to create two market leading companies after its landmark acquisition of Federal-Mogul late last year. Its second quarter results tell the story of a company working diligently to grow its business, even among some industry slowdowns (see above).
Tenneco’s 2024 bonds have a yield-to-maturity of just about 7.85%. This is a fantastic yield, especially when investors can’t even get 2% from the current 30-year U.S. Treasury bond. In light of this and the company’s solid Q2 performance, these bonds are ideal for additional weighting in Durig Capital’s Fixed Income 2 (FX2) High Yield Managed Income Portfolio, the aggregated performance of which is shown below.
The power rental market is projected to grow from an estimated $14.5 billion in 2018 to $21.29 billion by 2023, growing at a CAGR of 7.89% from 2018 to 2023. The global power market is witnessing a significant growth, which is driven by the increase in power loss due to aging infrastructure and limited access to electricity in rural areas.
The brushless DC motors market is expected to grow from an estimated $5.19 billion in 2016 to $8.15 billion by 2021, at a CAGR of 9.4% from 2016 to 2021. The global market is set to witness growth, due to increased usage of brushless DC motors across major industries such as chemicals, paper & pulp, marine, automotive, food processing, semiconductors, electronics manufacturing and aerospace.
The power quality equipment market is expected to grow at a CAGR of 6.56%, from 2017 to 2022, to reach a market size of $40.85 billion by 2022. Non-uniform power quality and network reliability issues, rise in alternative energy programs, and power quality standardization are the major drivers of the power quality equipment market.
This week, Durig Capital reviews one of the leading producers of steel products in the United States. AK Steel (NYSE:AKS) produces steel for the automotive, infrastructure and manufacturing sectors. There has been much talk of bringing back manufacturing jobs to the U.S., especially in the production and manufacturing of steel. AK Steel is one of the companies trying to ensure continued heavy manufacturing capabilities within the United States. It recently reported its second quarter results (for the three months ending June 30, 2019) with the highlights (listed above).
This week, Durig Capital takes a second look at an issuer involved in the design and manufacture of semiconductors. Magnachip Semiconductor (NYSE:MX) has been around for over three decades and is currently the largest independent supplier of OLED display drivers to panel makers for smartphones. The company is riding the wave of transition from LED to OLED in the smartphone world. This has paid handsomely as its full year 2018 results can attest (above). In addition, the company’s first quarter also posted continued wins for its Standard Products division.
Global consumption of sodium metal was estimated to the tune of 98,400 MT in 2016. It is projected to surpass 127,400 MT through 2025. The sluggish demand for sodium metal is on account of a slew of factors, including its impact on the environment and growing use of alternatives, such as magnesium.
This week, Durig Capital takes a look at an industrial designer, manufacturer and marketer of aftermarket parts for light vehicles, commercial trucks and other industrial uses. Tenneco Inc. recently posted a fantastic fourth quarter and full year results in large part due to its recent acquisition of Federal-Mogul. Highlights include:
Later this year, Tenneco will create two separate, market leading companies from its acquisition of Federal-Mogul. Federal-Mogul brings strong brands, products and capabilities that are complementary to Tenneco’s portfolio. Creating two new product focused companies with stronger product portfolios will allow each of them to move faster in executing on their specific growth priorities.
Metalworking machines comprise manufacturing machinery and machine tools which are used to cut or shape metals and other hard materials to produce industrial tools. Metalworking machines use a combination of techniques including forming, cutting and physio-chemical processing to design and manufacture specific components or goods.
Global truck manufacturing market is increasing mostly due to the growing population and increasing industrialization which is leading to the growth of logistics. After the Second World War, the industry and commerce activities grew at a rapid pace in the key developed countries which pace up the growing truck manufacturing market. With the growing e-commerce industry, the demand for shipping has increased which in turn has been creating propelling the truck manufacturing market. New emission regulations have been leading to the old truck models needs to be dumped which is creating new demands for the truck manufacturing industry.
The $2.45 billion global epoxy curing agents market is estimated to surpass $4 billion by the end of 2028, according to a recent research report published by Future Market Insights. In terms of value, the market is apprehended to exhibit a progressive CAGR of 5% over the assessment period, 2018-2028. Successful emergence of bio-based and water-based epoxy curing agents is expected to drive the market during the next 10 years.
The combustion of coal in coal-fired boilers produces unburned residues. These residues include bottom ash, also known as clinker ash, which exists at the bottom of the boiler. Bottom ash generally accounts for less than the quarter of the total ash production. This ash must be collected and disposed of owing to adverse environmental and health concerns.
Future Market Insights (FMI) has published a new report on the fifth wheel coupling market titled “Fifth Wheel Coupling Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” Growing focus on enhancing safety features and utilizing tough materials for fifth wheel coupling is expected to escalate the rate of adoption in the global market. The players operating in the market have been channelizing efforts towards strengthening their distribution channels while also focussing on direct sales.
Future Market Insights offers significant information on the global graphene nanocomposites market and delivers extensive information by structured market research. The report titled “Graphene Nanocomposites Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028” assesses the market and forecasts the upcoming market scenario based on the product type, application and region.
Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus gear trains, will significantly contribute to the sales of motorcycle chain sprocket, in the coming years.
The global mining industry is gradually coming back on track, and is facilitating the growth of global vibrating screens market. As revealed in a new market research report by Future Market Insights, the vibrating screens which finds 70% of its total application in the construction and mining industry, is expected to witness an established growth in the upcoming years.
The research study titled “Industrial Floor Scrubbers (End-use Industry– Transportation, Healthcare and Pharmaceuticals, Government, Education, Hospitality, Manufacturing and Warehousing, Retail and Food) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” provides in-depth analysis of the market and related sub-segments.
A tire testing machine is used for determination of stiffness, durability, and endurance of the tire. There is a rise in the demand for the tire testing machine across the globe due to the wide-ranging applications offered by the tire testing machines.
With recent developments and improvements in video technology and image analysis software, manufacturers are focused on video extensometers to provide precise measurement for a number of specific applications.