Higher Precision in Digital Inspection Market Produces Growth

Higher precision offered in digital inspection, as it eliminates manual error, is identified as the underlying cause for its market to grow, states Market Research Future (MRFR) in its report on the global Covid-19 Impact on Digital Inspection Market. MRFR reveals that the worldwide market of Covid-19 Impact on Digital Inspection Market is likely to expand at a CAGR of 9% over the evaluation period (2018-2023) and value at $26 billion by 2023.

How to Do Market Research: Tips for Students

Are you stuck with your market research? Feel puzzled and totally confused about how to do it? Need some fresh ideas and powerful tips on how to do winning market research? Excellent. This blog post will provide you with the needed assistance. So let’s get down straight to the meat!

Tip #1 – Find Your Competitors in Google  

If you know your niche, put relevant keywords in Google. The search engine will return you millions of results. You don’t need to look through all of them. Pick up TOP 20-30 for each keyword that you type in Google. Check their websites. Put them into a spreadsheet.

Community Health Systems Bonds (CYH), 17% YTM providing High Yield, with Short Maturities

This week, Durig reviews one of the largest publicly traded hospital companies in the United States. Community Health Systems (NYSE:CYH) has spent the past few years paring down its portfolio of hospitals with an eye to retain those locations that are most profitable. The results of these divestitures are starting to be seen and the company has now put up two consecutive quarters of positive growth. In its most recent quarter results, one can see that same-store metrics tell a compelling story, especially in the competitive healthcare sector (see bullets above).

Road Marking Machines Market Making a Line for the Future

According to a new market research report published by Credence Research “the global road marking machines market expected to reach the market value of $11.83 billion in 2027 and is set to demonstrate promising CAGR of 6.01% across the forecast period from 2019 through 2027.”

The road marking machines market is supposed to show a promising surge in the years to come, mainly due to rapidly growing urbanization around the world. Significant penetration of mechanized techniques in the road marking process are expected to stimulate the demand for road marking machines over the forecast period.

Chemours Company Bonds, Short Term, High Yield, Fixed Income Investment, Yielding Over 7% YTM

For this week’s bond review, Durig looks at a chemical company created by a DuPont spinoff in 2015. Chemours Company (NYSE:CC) is a global leader in the manufacturing of fluoroproducts, chemical solutions, and titanium technologies. It is one of the leading global producers of titanium dioxide (used in paints, coatings, plastics, cosmetics and food), as well as the creator and producer of Opteon™, an award winning environmentally sustainable refrigerant. Highlights from the company’s second quarter results include: (see bullets above).

Robust Growth in Heat-Shrink Tubing Market

The global Heat-Shrink Tubing Market is projected to reach $2.3 billion by 2024 from an estimated $1.8 billion in 2019, at a CAGR of 5.3% during the forecast period. Increasing investments in the electrical networks, increasing demand for reliable and secure power supply worldwide, and growing adoption of renewable energy sources across the globe are likely to drive the heat-shrink tubing market.

Busbar Trunking System Market Sees Significant Growth

The busbar trunking system market is expected to grow from an estimated $6.35 Billion in 2017 to $8.85 Billion by 2022, registering a CAGR of 6.88%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing demand for electricity, multiple operational and technical advantages to attracted end-users, and stringent regulatory requirements to save power.

Significant Growth in Molded Case Circuit Breakers Market

The molded case circuit breakers market is expected to grow from an estimated $6.92 billion in 2016 to $9.62 billion by 2021, at a CAGR of 6.82%. The global market is set to witness significant growth, due to the increasing rural electrification, growing urban energy conservation programs, increasing industrialization and demand from utilities, and revival in construction activities led by several government initiatives.

Increasing Demand Driving Global Battery Recycling Market

The global battery recycling market is projected to reach $11.83 billion by 2022, at a CAGR of 6.5% from 2017 to 2022. The market is expected to witness growth in the coming years, owing to the large number of batteries in-use and strong demand from the replacement market. Extraction of the used battery for its raw materials coupled with the stringent environmental regulations imposed by the local and national governments has spurred growth in the battery recycling market.

Strong Growth in Cladding Systems Market

The cladding systems market is projected to grow from $224.4 billion in 2018 to $292.5 billion by 2023, at a CAGR of 5.44% from 2018 to 2023. Demand for cladding solutions market can be credited to the high growth of construction industry across the globe. Factors such as increasing residential and non-residential construction and infrastructure activities, its high durability, and ability to enhance the aesthetic appearance of the buildings drives the demand for cladding systems.

Pressure Switch Market Driven by Rising Investments

The pressure switch market is expected to grow from an estimated $1.69 billion in 2018 to $2.09 billion by 2023, at a CAGR of 4.39%, from 2018 to 2023. Rising focus on process automation and rising investments in the transportation sector are expected to drive the pressure switch market. Moreover, the low cost of pressure switches coupled with their multi-functionality has resulted in wide use of pressure switches in applications in oil & gas, chemicals, power generation, water & wastewater, and mining industries.

Sintered Steel Market Sees Strong Growth

Global sintered steel market size is projected to grow from $23.6 billion in 2019 to $28.3 billion by 2024, recording a CAGR of 3.7% from 2019 to 2024. The high growth in the construction & transportation industry and electrical & electronics usage across regions is projected to drive the market growth. Factors such as the increasing technological advancement in the automotive sector, rising building & constructional activities, will drive the demand for sintered steel.

Explosive Growth in Smart Ports Market

The global smart ports market is projected to reach $5.3 billion by 2024 from an estimated $1.7 billion in 2019, at a CAGR of 25.0% during the forecast period. This growth can be attributed to factors such as an increasing introduction of green initiatives and the requirement of ports to comply with the environmental regulations that have been implemented by the governments of several nations. The usage of big data and cloud computing to cut down the carbon emissions and at the same time, boost internal operational efficiency is a major driving force for the market.

Recloser Market Sees Strong Growth

The global recloser market (including the sectionalizer market) is expected to grow at a CAGR of 4.88%, from 2017 to 2022, to reach a market size of $2.71 billion by 2022. The increasing demand for electric power worldwide, subsequent investments in installing renewable generation, rapid industrialization, and increased investment in automated power equipment are likely to drive the recloser and sectionalizer market during the forecast period.

DC Circuit Breaker Market Electrified

The DC circuit breaker market is expected to grow from an estimated $2.3 billion in 2019 to $3.2 billion by 2024, at a CAGR of 6.54%. Increasing investments in the electrical networks, increasing demand for reliable and secure power supply worldwide, and growing adoption of renewable energy sources across the globe are likely to drive the DC circuit breaker market.  Aging Power Infrastructure, rising electrification projects and adoption of the HVDC technology, can lead to opportunities in the DC circuit breaker market.

Oil and Gas Driving Valve Remote Control System Market

The valve remote control system market is expected to grow from an estimated $6.4 billion in 2018 to $8.0 billion by 2023, at a CAGR of 4.73%. An increased need for industrial valves from oil & gas production is likely to drive the valve remote control system market. Market growth can be attributed to the rise in industrial valve from oil & gas industries across the glob.

Industrial Wastewater Treatment Sees Strong Growth

The global industrial wastewater treatment service market is projected to reach $28.0 billion by 2024 from an estimated $20.8 billion in 2019, at a CAGR of 6.1% during the forecast period. The market growth can be attributed to the stringency maintained by the government on the illegal and improper discharge of industrial wastewater out in the open natural environment, adherence to initiative of Zero Liquid Discharge (ZLD) and also the ever-growing water intensive industries.

Middle Eastern Temporary Power and Cooling Market Growing Strong

The Middle Eastern temporary power market is projected to reach $1.1 billion by 2023 at a CAGR of 12.12% from an estimated $622 million in 2018. An increasing number of events, expansion of IT and data center projects, rise in GDP contribution from the non-oil sectors, and growing construction and infrastructure investments are likely to drive the Middle Eastern temporary power and cooling market.

Gas-Insulated Substation Market Surging

The gas-insulated substation market is projected to reach $29.5 billion by 2023 from $18.9 billion in 2018, at a CAGR of 9.2%. The growth in this market is supported mainly by the growing renewable power generation, the increasing investments in the transmission & distribution infrastructure, the rising energy demand, and limitations of space availability in densely populated urban areas, and increasing government initiatives for improving the electricity access.

Waste Heat Boiler Market Heating Up

The global waste heat boiler market is expected to grow at a CAGR of 6.72%, from 2018 to 2023, to reach a market size of $8.04 billion by 2023. The increasing demand for energy and rising electricity prices are forcing companies to opt for decentralized power supply which is increasing the demand for waste heat boiler. Also, efforts to reduce GHG emissions is expected to drive the waste heat boiler market during the forecast period.

Industrial Control Transformer Market Growing Strong

The global industrial control transformer market is expected to grow at a CAGR of 5.14%, from 2018 to 2023, to reach a market size of $1.04 billion by 2023. The factors driving the market include increased usage of industrial control transformers across major industries, booming power sector and augmented power generation capacities worldwide, and need to reduce equipment failure caused by frequent voltage spikes.

Busbar Protection Market Surging

The global busbar protection market is expected to grow at a CAGR of 6.10%, from 2018 to 2023, to reach a market size of $4.31 billion by 2023. The addition of new transmission & distribution line along with the refurbishment of the old transmission & distribution line is expected to drive the busbar protection market during the forecast period. The adoption of the HVDC technology and huge investments in smart grids and energy systems offer a huge opportunity to the busbar protection market during the forecast period.

Lighting Contactor Market Sees Bright Future

The global lighting contactor market is projected to reach $ 1.1 billion by 2023, at a CAGR of 8.53%, from an estimated $737.8 million in 2018, by value. The growth of the lighting contactor market is mainly driven by a focus on the growing demand for smart controls in the lighting system, increasing adoption of energy-efficient lighting, and increasing implementation of IoT in the lighting industry.