Global Air Drills Market Trends, Opportunities & Growth Forecast during 2018-2026

Air drill is used for most robust pneumatic applications in construction, agriculture, and mining industries. Due to the durability and versatility, the air drills are in massive demand across sectors. Also, the air drills are low cost and more efficient as compared to conventional drills.  The increase in the need for reversible air drills in industrial as well as agriculture applications is boosting the growth of Air Drills Market. The air drills are most widely used in agriculture, forestry, mining, and other industries. The air drills are operated by air pressure that is used for breaking hard surfaces. The air drills are flexible and lightweight and are used mainly for high-pressure pneumatic applications. Also, the air drills have a longer service life as compared to conventional drills. This is one of the factors that can create demand for air drills for industrial and other applications.

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The air drills used in agriculture enables to plant seed and fertilizer faster and efficiently. It delivers accurate seed placement with on row packing. It is primarily used for more extensive operations. Pneumatic drills are for daily use in various industrial applications.

The key vendors in air drills market are focusing on developing a variety of air drills such as inline air drills, pistol grip air drills, right angle air drills, etc. The reversible air drills are robust and are used for manual drilling into wood, steel, other materials, therefore, the increase in the introduction of innovative air drills that are used for various industrial applications is driving the growth of air drills market.

Air Drills Market: Dynamics

The air drills are adjustable, flexible and efficient which are the key factors driving the adoption of air drills across the globe. Also, these air drills are offered in a variety of configurations such as a pistol, right angle, inline, grip etc. This factor is highly contributing to the growth of the air drills market.

High maintenance cost is the crucial factors that can hamper the growth of air drills market.

The high adoption of air drills in agriculture and aerospace is one of the latest trends in the air drills market.

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Global Air Drills Market: Segmentation

Segmentation Overview

The air drills market can be segmented on the basis of type, chuck type, end use, and region. On the basis of type, the pneumatic and reversible air drills are most widely used in various applications. The inline air drills are mainly used in oil field, refineries, and aerospace. The right angle drills are used for daily use in different industrial applications.

Global Air Drills Market: Competition Landscape

Examples of some of the key players in the global air drills market are Flexi-Coil, Ingersoll Rand, Mazergroup, APEX Tool Group, Morris Industries Ltd, Salford Group, Inc., Great Plains Manufacturing, Inc., W.W. Grainger, Inc, Cervus Equipment Corporation, Bourgault Industries, AGCO Corporation, CNH Industrial, Deere & Company, Gasweld Tools, Pacific Pneumatic Tools, Inc, Climax, etc.

Air Drills Market: Regional Outlook

North America is expected to dominate the air drills market followed by the Europe region owing to the availability of advanced technologies and the vast presence of air drills providers.  The air drills market in Europe is also increasing due to the technology advancement in this region. Also, the Asia Pacific region is expected to grow significantly in the air drills market due to increase in demand of air drills in agriculture and defense applications. Latin America and MEA are expected to witness significant growth rate in the air drills market.

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Motorcycle Suspension System Market Poised to Rake in US$ 2,284 Mnn by 2028

Global demand for motorcycle suspension system is forecast to surpass the valuation of US$ 1.5 billion in 2020, on account of increasing two-wheeler sales, particularly motorcycles and scooters. Future Market Insights (FMI), in its recent market intelligence report on the global motorcycle suspension systems market, presents a comprehensive analysis of the motorcycle suspension system landscape on the basis of product type, sales channel, motorcycle type, technology, and region offering the maximum lucrative opportunities.

As per the analysis, overall sales growth of motorcycle suspension system will be driven by:

Considerable demand for motorcycles, in rural areas given the lack of last-mile connectivity, is expected to directly impact the sales of motorcycle suspension systems.

Affordability is expected to remain a major push-factor driving the sales of motorcycle, in turn, motorcycle suspension systems. The trend is mostly prevalent in Asian countries. Moreover, as per the Federation of Asian Motorcycle (FAMI), it is common to have one or more motorcycles or scooters in a household, in South-East Asian countries.

FMI also foresees lengthy commutation time in countries including Argentina and Brazil as a major market growth factor.

Transformational shift from cars to two-wheelers such as motorcycles and scooter, given the increasing prices of gasoline.

Developing landscape for the cocooning trend to push sales demand for motorcycles, as per the Motorcycle Development Program Participants Association (MDPPA), given the increasing rate of online sales.

Performance improvement additions made in motorcycles, including mileage and other advantages such as larger fuel tank, low cost of maintenance, and longevity, will sustain the growth of motorcycle suspension systems.

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Technological advancements Leads the Way

“A paradigm shift to passenger safety and security has been driving immense manufacturing innovations by motorcycle makers—and, the major focus lies in making rising accident free. Speaking about technological advancements, OEM focus also lies in making lightweight motorcycle suspension systems. Showa developed a dual bending valve front fork technology, used by Harley-Davidson in its touring motorcycles. Compared to a full cartridge assembly, the dual bending valve front fork technology gives a cartridge style fork performance, while being cost-effective and lightweight by almost 250 grams per unit”, Senior Analyst, Automotive, Future Market Insights

Elaborating on other innovations in the motorcycle suspension systems, Australia-based Motorcycle Innovations, after 16 years spent in the development process, has created a suspension system exploring the potentiality around two-wheeled in-line vehicle geometry. Their Triangulated Steering and Suspension System, is aimed at delivering performance and compliance, while also optimizing stability of the motorcycle. Keeping in view the limiting background of traditional telescopic forks—that are known to flex and create slop. The new technology—promising decisive two wheel handling is anticipated to work in line with the parallel front suspension geometry, keeping the front wheel at the same angle. Another front suspension-based technology—aimed at providing riding accuracy and precision, is the BMW Motorrad’s Duolever front suspension. The Duolever technology is projected to provide a superior road grip compared to the traditional fork motorcycle suspension system. FMI indicates a lucrative landscape for rear suspensions, through 2022, attracting promising avenues for future advancements.

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Manufacturers Hold Firm Dominance over Motorcycle Suspension System Landscape
Showcasing a fairly consolidated landscape, the global motorcycle suspension market is dominated by top 6-8 players, accounting for nearly 55 percent share in the global market. Improved affordability, stronger product launches, and multiple ownerships will create new growth prospects in the global motorcycle suspension system market. Considering the potential investment opportunities in the APEJ region, in the backdrop of strengthening rural demand for motorcycles, specifically in country in India, well-structured and efficient supply chain along with an improved retailing network are key growth strategies for reaching out to customers. In addition, long term supply relations and wider product offerings could benefit players in the market.

Lime Market Expected to Witness a CAGR Value of 3.7% through 2016-2026

Future Market Insights presents an analysis of the U.S lime market in a new publication titled “Lime Market: U.S. Industry Analysis and Opportunity Assessment, 2016–2026.” The consumption of lime in the U.S. was pegged at 19,600 KT in 2015 and this is expected to increase to 27,074 KT by the end of 2026. The U. S lime market is projected to represent incremental $ opportunity of US$ 1,096.8 Mn during 2016 – 2026. In this report, Future Market Insights throws light on the various drivers and restraints likely to influence the market during the forecast period (2016 – 2026).

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Segmentation highlights

The U.S lime market is segmented on the basis of Product Type into Quick Lime and Hydrated Lime; and on the basis of Application into Cement Manufacturing, Metal Manufacturing, Chemical (Water Treatment, Flue Gas, Others), Fertilizer, Pulp & Paper, and Others.

The Quick Lime product type segment is expected to account for a market value share of 83.3% by 2016 end and is expected to gain 90 BPS over the forecast period

The Hydrated Lime product type segment is projected to account for a market value share of 16.7% by 2016 end and is estimated to be pegged at 2,967 KT in terms of volume by 2016 end

The Metal Manufacturing application segment is anticipated to account for a market value share of 32.8% by 2016 end and is estimated to be pegged at 6,614 KT in terms of volume by 2016 end

The Chemical application segment is likely to account for a market value share of 33.3% by 2016 end and is anticipated to be pegged at 6,724 KT in terms of volume by 2016 end

Regional projections

The U.S lime market is segmented into the key regions of Northeast, Midwest, South, and Western. The Northeast U.S. lime market is estimated to account for a value share of 7.1% of the U.S lime market by 2016 end. Demand for lime in the Northeast U.S lime market is expected to be driven by water treatment plants. The Western U.S. lime market is estimated to account for a market value share of 16.7% by 2016 end, owing to an increasing production in the paper and pulp manufacturing industries.

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Vendor insights

The report profiles a few leading companies operating in the U.S lime market such as Mississippi Lime Company, Linwood Mining & Minerals Corporation, United States Lime & Minerals Inc., Lhoist, Valley Minerals LLC., CHENEY LIME & CEMENT COMPANY, Pete Lien & Sons Inc., CARMEUSE, and Graymont Limited. Top market players are increasing their production facilities and introducing advanced technology and tools to cater to market demands, besides adopting strategies such as acquisitions and partnerships to expand geographically and increase market share.

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5.7% CAGR of Corrosion Protective Coatings and Acid Proof Lining Market to Witness Steady Growth in 2026

The undue exposure to chemical and mechanical abrasion continues to distress the operational efficiency in several end-use industries, fuelling demand for effective corrosion protection coatings and durable acid proof linings in South Africa. In 2016, the corrosion protection coatings and acid proof linings market in South Africa is expected to reach US$ 313.1 Mn, growing at a y-o-y growth of 4.3% over 2015. Additionally, the rising trend of adopting technologically-advanced corrosion coatings has induced the need for developing materials that can sustain highly-volatile deterioration.

In addition to the eminent need for protecting industrial surfaces against exterior erosion, the increasing focus on safeguarding the operational performance in South African end-use industries is considered to be a major driver for the growth of the region’s corrosion protection coatings and acid proof linings market. The growing automation in the manufacturing of automobiles and chemicals has resulted in the demand for enhanced coatings that provide a permanent solution to mechanical as well as chemical corrosion. On the other hand, the growth of the South Africa corrosion protection coatings and acid proof linings market is curbed due to the recent downfall of the region’s mining and quarrying industry, which has been recognised to be the foremost end-user industry for corrosion protection coatings and acid proof linings.

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By product-type, polymer coatings are expected to witness robust growth, with total revenues expected to reach US$ 227.6 Mn in 2016. Moreover, the demand for waterborne polymer coatings is expected to surpass the demand for solvent-based coatings owing to growing VOC emission regulations.

Based on the end-users, the oil & gas industries and the chemical manufacturers in South Africa are expected to register impressive growth in 2016. Due to the decline in mining sector, the end-user consumption of corrosion protection coatings and acid proof linings in metallurgy industries will endure a noticeable decline. Further, the automotive and construction segment will continue to increase its market share to 17.7% by the end of 2016.

The change in manufacturing paradigm of corrosion protection coatings and acid proof linings will exhibit the growth in production of eco-friendly coating materials, inciting the consumption of such coatings among several end-users. Key manufacturers include, BASF SE, The Weir Group PLC, Ferro South Africa (Pty) Ltd., and SGS South Africa (Pty) Ltd., among others. PUMBA LININGS, J&J Rubber Linings (Pty) Ltd. and Thermalloy (Pty) Ltd., are among the leading service providers, whereas The Dow Chemical Company, Ashland Inc., and AMPA Plastics represent the raw material suppliers for corrosion protection coatings and acid proof linings in South Africa.

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Long-term Outlook: In terms of market value, the South Africa corrosion protection coatings and acid proof linings market will expand at a CAGR of 5.7% during the forecast period 2016-2026.

New Yorker Electronics Features Vishay Thick/Thin Film Mission-Critical Resistors

NORTHVALE, New Jersey, USA – New Yorker Electronics, an AS9120B and ISO 9001:2015 certified source of electronics components, is featuring Vishay’s highest rated MIL-PRF-55342 military qualified resistors, recognized for superior quality in the avionics, military and space markets in both thick and thin film variants.

Found in nearly every existing military and aerospace program, including aircraft, satellites, missiles and ships, these resistors provide established reliability in chip resistors for a variety of cases, product levels, temperature characteristics, tolerances and termination materials.

Vishay MIL-PRF-55342/RCWPM Thin Film Surface Mount Mil Chip Resistors feature all-sputtered wraparound termination for excellent adhesion and dimensional uniformity. They are ideal in applications requiring stringent performance requirements. Vishay Mil-Spec resistors undergo extensive environmental testing and 100% screening for every lot for T-level product assurance.

Key applications for the Mil-Spec Thin Film Resistors include missile and air flight controls, communication systems, ground support RADAR, guidance and navigation controls. They are designed with wraparound termination featuring a firm adhesion layer covered with an electroplated nickel barrier layer for up to 150°C operating conditions.

Other features include its precision tolerances to ±0.1%, surpassing outgassing requirements of ASTM-E595, TCR to ±25ppm/°C and 100% power conditioning.

Vishay Dale’s Thick Film Chip Resistors are MIL-PRF-55342 qualified and similarly provide established reliability for use in the military and aerospace industry. The resistors fully conform to the requirement of MIL-PRF-55342 and have a verified failure rate at M, P, R, S and T levels.

They are 100% Group A screening per MIL-PRF-55342 and fully conform to the requirements of MIL-PRF-55342. They have an operating temperature range of -55°C to +150°C and a tin/lead wraparound over nickel barrier termination.

Every component Vishay provides to the military and aerospace markets is backed by the comprehensive testing and failure analysis capabilities of experts in meeting the requirements of the military environment. New Yorker Electronics is a franchise distributor for Vishay and carries the full line of Vishay Super 12 Featured Products as well as its discrete semiconductors (diodes, MOSFETs and infrared optoelectronics) and passive electronic components (resistors, inductors and capacitors).

New Yorker Electronics is an AS9120B and ISO 9001:2015 certified source of capacitors, resistors, semi-conductors, connectors, filters, inductors and more, and operates entirely at heightened military and aerospace performance levels. It also functions in strict accordance with AS5553 and AS6496 standards — verifying that it has implemented industry standards into everyday practices to thwart the proliferation of counterfeit parts. It is a member of ECIA (Electronics Component Industry Association) and of ERAI (Electronic Resellers Association International). New Yorker Electronics is a certified authorized distributor of electronic components, well known for its full product lines, large inventories and competitive pricing since 1948.