Monday, 4 April 2016

Out with the Old: Industries Moving towards Newer Heavy-duty Wear Protection Systems to Prevent Old Mistakes

Cranes, turbines, silos, and large pipes and lines are just some of the parts of many industries. These are heavy-duty instruments and equipment that require special attention in terms of managing their wear and tear. Heavy-duty machinery works under, and exert, extreme forces for extended times, if required. In these situations, it is important for a manufacturer to protect these industry assets, not only from events that could cause major damage, but also from general wear and tear. In practice, however, there is no method or protection system that can impart complete invulnerability to any instrument. Their goal is to extend the life of a tool and to ensure that it is working at optimum parameters.

Asia Pacific Emerging as a Good Heavy-duty Industry Investment

The global heavy-duty wear protection systems market was recorded at US$1.4 bn in 2014. After demonstrating a consistent CAGR of 4.3% between 2015 and 2023, this market can rise to a potential value of US$2.1 bn by the end of 2023. The key players that are expected to benefit from this market growth the most are Thejo Engineering Limited, Sulzer Ltd, ThyssenKrupp Industrial Solutions AG, Bradken Limited, Kalenborn International GmbH & Co. KG, FLSmidth & Co. A/S, CeramTec GmbH, Metso Corporation, and Sandvik Construction.

While a substantial portion of these key players are based in developed economies from North America and Europe, their attention is being diverted towards Asia Pacific. The global heavy duty wear protection systems market is currently being spearheaded by this region, thanks to the rapid rate of industrialization observed here. The massive number of industries that are building themselves up in the developing economies of China and India, along with other nations, is creating lucrative opportunities for players in the global heavy-duty wear protection systems market. Asia Pacific already held 40% of this market in 2014 and is expected to keep increasing its demand in the near future.

Prevention is Better than Cure

The global heavy-duty wear protection market is one of the best illustrations of why it is better to take preventive measures than spend significant sums fixing issues once they arise. In the case of heavy-duty machinery, the cost incurred through machine breakdown or the wearing out of components is quite substantial, not to mention that the cost of installing the machinery itself is already high enough. In situations like these, a manufacturer is much better off installing heavy-duty wear protection systems than bearing the expenses of replacing, or even repairing, one of the company’s heavy machines.

The global heavy-duty wear protection market also extends to the safety of personnel operating the heavy machinery as well, without keeping it as a separate market to pursue.

Mphasis Ltd’s Deal with Blackstone Will Help the Indian IT Firm Boost Revenue

With the Blackstone Group announcing that it has acquired Hewlett Packard Enterprise Co’s share in IT outsourcer Mphasis for US$1.1 bn, the former has made its largest individual investment in India yet.

The deal, executed all in cash, is testament to Blackstone’s positive outlook of the performance of the outsourcing business. The announcement comes close on the heels of a recent US$170-mn deal by Blackstone to buy a minority stake in IBS Software, an Indian firm.

While routine IT spending by companies has been on the decline, Blackstone reckons that the IT industry in India will display double-digit growth as companies are now making a move toward digital services, which offer higher margins. Mphasis boasts a strong presence in the digital services sector in India, and expects to make the most of the latest IT trends.

This is where Blackstone expects the real revenue growth will come from. Amit Dixit, senior managing director, Blackstone said that their strong commitment to the Indian IT sector has been encouraged by the strong returns that PE investors have gained from here in the past. He added that the sector was well poised for growth.

With Growth in its Hands, Mphasis Needs to Work Smartly to Win New Business
The National Association of Software and Services Companies (Nasscom) projects exports from the Indian IT and software services industry to notch $121 billion in the current financial year. The industry body says that revenue from software services is expected to show a 10-12% growth rate.

Now that the deal is through, analysts expect Mphasis to outperform its CAGR of 6%, which hasn’t moved noticeably since 2009. Despite the growth opportunities that lie ahead, monetizing them will now be an arduous task for the Mhpasis CEO, Ganesh Ayyar, and his team.

While Mphasis was earlier dependent on HP for the better part of the business it received and the resultant growth, it can now hope to win more business directly from new clients.

Increasing Product Proliferations and Partnerships to Boost Broadcast Switchers Market

Broadcast switchers are used in video or film production for selecting numerous video and audio signals coming in from various sources. The rising demand for broadcast of prime events including sports and live concerts in high definition (HD) format has resulted in the adoption of state-of-the-art broadcast switchers, thus boosting the market’s growth. Increasing television viewing owing to the increasing penetration of televisions within developing and emerged nations is also a key factor stimulating the market for broadcast switchers.

Transparency Market Research (TMR), a market intelligence company, states that Broadcast Switchers Market was valued at US$1.4 bn in 2015 and is predicted to reach US$2.5 bn by 2024, expanding at a 6.10% CAGR from 2016 to 2024. TMR throws light on the latest innovations and partnerships in the broadcast switchers market by the prime companies dominant in the market.

> Live Production Solutions by Ross Video: Ross Video is amongst the key leaders in the broadcast switchers market. In June 2015, this company went into a strategic partnership agreement with a Sweden-based company named Danmon, wherein the latter will be representing Ross Video within Sweden. Keeping this agreement in mind, Danmon will be presenting a wide range of Ross Video’s live production solutions to customers within the market for broadcast switchers within Sweden.

Recently, an NBC-affiliated television station within the U.S., named KDLT-TV, installed the Ross Carbonite +2M production switchers by Ross Video in its HD rebuild project. This is why the market standing of Ross Video is poised to rise within the U.S.

> Mobile-integrated Production Switchers by Broadcast Pix: Broadcast Pix is amongst the top providers of integrated live video production systems and boasts an advanced range of products starting from compact systems having end-to-end integration to large-scale systems for presenting high-end live production. This company has recently launched its mobile-integrated production switchers. This production switcher is made for presenting a high-definition workflow having in-built HD recording and streaming. It also comprises two network ports and inbuilt Wi-Fi for accommodating a hotspot in order to connect to cloud-based services such as Skype.

> Kayenne K-Frame Production Switchers by Grass Valley: Grass Valley, a part of St. Louis-based Belden Inc., works closely with media and broadcast customers globally and meets their requirements for production and acquisition. The company presents an array of scalable and modular broadcast solutions. This company has also taken a similar route as that of Ross Video for their business expansion. Grass Valley has recently entered into an agreement with QVC, which is amongst the top e-commerce and video retailers and presents a curated collection of top brands to customers globally by using the internet, broadcast, and mobile sales platforms. As part of this agreement, Kayenne K-Frame production switchers made by Grass valley are to be installed within the broadcast facility of QVC.

Hence, the market for broadcast switchers is poised to rise exponentially in the coming years owing to the ongoing product introductions and increasing agreements in the market.

Over 253,000 Tesla Model 3 Cars Booked in First 36 Hours of Launch, Claims Company

More than 253,000 Tesla Model 3 electric sedans have been booked in the first 36 hours of the car’s launch, Tesla Motors Inc has claimed. If the start is any indicator, the first mass-market electric car seems to be on the way to breaking some records of long standing. It will, nevertheless, be a while before the cars actually reach their owners as the company has said that the wait for a Tesla Model 3 electric sedan could be 18 months, or even more.

Elon Musk took to microblogging site, Twitter, a few days ago to tell the world that the car will be priced at approximately US$42,000 for models with additional or optional features. This will give the initial retail orders for the car a retail value of a whopping US$10.6 bn, show estimates. The much-awaited car is slated to enter the production stage in the second half of 2017.

There has been an intense interest in what the electric vehicle will entail once it hits the road. The clever marketing strategy of the company has been propped up by a slew of regular tweets from Musk. This will likely bode well for the long-term stock prices of Tesla.

After nearly a decade of having first spoken of plans to launch an electric car for mass sale, the car’s launch was finally announced in the last week of March. Since then, the interest in Tesla Model 3 has only been fanned by the intense marketing efforts surrounding the car and the social media buzz.

The launch of Tesla has helped the company’s stocks soar considerably in the last few days. After hitting a 12-month low in February this year, the company’s stock has spiked by over 60% in the last few days.

Although analysts had earlier predicted that the car will sell for anywhere between US$50,000 and US$60,000, the selling price might actually be marginally lower than that. Musk has projected that the car, when it launches, will be priced by US$35,000. The cars will roll out from the company’s factory in California. The company’s plant in Fremont has been upgraded to keep up with the production of one of the most awaited cars in automobile history, so it can produce at least 50,000 cars by 2020.

Global Concentrated Solar Power Market to Gain Impetus from Rising Demand for Alternative Sources of Energy

As the demand for energy from alternative sources increases, the solar energy industry is expected to gain substantial impetus. Solar energy can be used to harness electricity in two distinct ways. One is by using photovoltaic systems and the other, by using solar concentrators. The basic approach of converting solar energy into serviceable electricity remains the same in both techniques. With several nations across the world going solar, having understood the importance of generating energy from renewable sources, an increasing number of homes and commercial buildings are likely to have solar panels installed in their roofs.

What Makes Concentrated Solar Power Unique?

Concentrated solar power (CSP) refers to the technology of harnessing the Sun’s energy and has the ability to provide electricity to hundreds of thousands of buildings, even when the sun is not shining. One of the most distinct characteristics of concentrated solar power is that once deployed with thermal energy storage, the technology produces electricity on demand. Furthermore, CSP, when deployed with thermal energy storage, allows the use of other renewable energy sources (such as solar photovoltaic and wind) to provide intermittent or variable electricity generation.

According to a report published by Transparency Market Research, the global concentrated solar power market, which in 2013 stood at US$2.5 bn, is expected to reach US$8.7 bn by the end of 2020. The ability of CSP technology to easily integrate with fossil-fuel-based energy sources in “hybrid” configurations significantly fuels the demand from the global market for concentrated solar power.

How does Concentrated Solar Power Work?

Concentrated solar power technology generates power from focused sunlight. Solar concentrators focus sunlight either in a photovoltaic or solar thermal system. The technology generally uses mirrors fitted with tracking systems to focus the dispersed sunlight onto a smaller area. A CSP plant can be classified into three sections, comprising the power block, thermal energy storage, and solar field. A solar field includes chains of parabolic fashioned mirrors. These mirrors are arranged in a distributed system in order to transfer the heating fluid from each dish into a central conversion station. The thermal energy system stores the generated energy for later use. The heating fluid is then transferred to the power block, where it is used for boiling water. The steam generated from the process is used by conventional steam generators to generate electricity.

Rising Awareness about Global Warming Fuels Demand for Concentrated Solar Power

The rising awareness regarding global warming, coupled with the heightened concerns pertaining to carbon emissions from power stations generating electricity from fossil fuels, has impelled industries and policy makers alike to focus on alternative sources of energy. Governments from various nations have also started adopting appropriate measures for reducing greenhouse gas emissions. Exploring alternative sources of power is touted as a major step taken towards reducing the overall carbon footprint. The rising government support has thus become a crucial factor bolstering the demand for concentrated solar power around the world.

Innovations in Cell Culture Media Segment Augment Overall Cell Culture Media, Sera, and Reagents Market

The process of growing cells in an artificial laboratory environment is known as cell culture. These cells are used in several industries such as biopharmaceuticals, pharmaceuticals, and biotechnology. In recent years, the demand for cell culture media has created a boom in the overall cell culture media, sera, and reagents market. The rise of the biotechnology industry in Asia has been the underlying reason for the remarkable growth of the media segment in the overall market. Owing to this reason, several big healthcare players are looking at strategic mergers and acquisitions in the region. For example, Corning Life Sciences acquired Mediatech in 2011, while Merck KgaA acquired Millipore, and GE Healthcare acquired PAA.

The global culture media, sera, and reagents market is segmented on the basis of the type of media, sera, and reagents. The types of cell culture media are classical, chemically defined, lysogeny broth (LB), protein-free, serum-free, and specialty. The types of cell culture sera are newborn calf and adult bovine sera, fetal bovine, and others. The types of cell culture reagents are amino acids, albumin, growth factors and cytokines, attachment factors, hormones, and others. Geographically, this market is segmented into Europe, North America, Asia Pacific, Latin America, and Rest of the World.

Media Segment Emerges Above All Others

According to a research report published by Transparency Market Research, the cell culture media segment was the largest segment of the overall cell culture media, sera, and reagents market in 2014. In the coming years, the end users will seek better media that offer robust yields and reproducible results. Technological advancements in cell culture and cell productivity have also encouraged the adoption of smaller processes that are characterized by the usage of single-use equipment. Owing to this reason, there has been a huge demand for media powders and ready-to-use liquid media. Furthermore, demand for media has been shifting from serum-free animal derived, chemically-defined media, and serum-based to serum-sparing. Reports show that adoption of chemically defined media has been exceptionally slow-paced for bioprocessors and media manufacturers. 

Asia Pacific to Remain at Forefront with Increasing Outsourcing to Emerging Economies of the Region

In terms of geography, North America held a 40% share in the global cell culture market in 2014. This dominance was attributable to the presence of supportive government policies promoting stem cell and life sciences research. However, Asia Pacific is anticipated to grow at a rapid pace between 2015 and 2023 due to the increasing outsourcing of research to countries such as China, India, Japan, and Australia.

Growing Usage of Cell Culture in Therapeutics and Vital Biomolecules Drives Global Market

According to TMR, the global cell culture media, sera, and reagents market was valued at US$3.7 bn in 2014 and is expected to rise at a CAGR of 7.6% from 2015 to 2023 to reach a figure of US$7.1 bn by 2023. The increasing importance of this technology in areas other than conventional research such as development and production of therapeutics and vital biomolecules is expected to propel this market. The cell culture technology is used in several areas such as bioprocessing and manufacturing of regenerative medicines, biologics, and cell therapy. The only factors hampering the growth of this market are the strict process controls applied to advanced manufacturing capacities and capabilities, ethical concerns over the use of animal sources, and use of transgenic animals and plants.

Friday, 1 April 2016

Geosynthetics Market Soars Owing to Benefits such as Cost Control and Time Savings

Geosynthetics are synthetic or man-made polymeric products used to stabilize terrain by enhancing its properties. They are generally used to solve civil engineering problems and are applied to geotechnical activities such as sediment control, soil erosion, and construction. Geosynthetics are flexible, have high tensile strength, are permeable and durable, offer resistance to corrosion, have low weight, and require less usage of airspace. Due to these properties, the global geosynthetics market, which was valued at US$9.57 bn in 2014, is anticipated to reach US$20.8 bn by 2023, expanding at a CAGR of 9.1% between 2015 and 2023, according to a report published by Transparency Market Research.

Geosynthetics Allow Construction of Structures in Extreme Conditions

Geosynthetics are used in various construction applications which were once thought of being only in the realm of steel and concrete. Whether the condition involves excessively contaminated conditions, extremely soft soils or underwater locations, and extreme pH conditions, with the help of geosynthetics, construction of structures is possible under the most severe conditions.

Geosynthetics Indispensable for Cost Control in Mining Sector 

For mine engineers and mine owners, geosynthetics provide cost effective solutions to some of the most challenging geotechnical issues on site. The use of geosynthetics in mining also helps increase productivity. All types of geosynthetics can be applied to mining applications such as filtration, drainage, reinforcement, protection, sealing and erosion control, capping sludge lagoons, impoundments, and reinforcement of structures.

Geosynthetic liners and covers have dramatically changed not only the performance of heap leaching for gold, uranium, copper, and other metals, but also the economics of mining. Geosynthetics have become crucial for cost control as well as for making some of the most complex projects possible, without affecting the environment adversely.

Major Expenses Saved in Construction of Modular Assembly Yard by Using Geotextiles

For building a low maintenance, unpaved yard for the Lac La Biche community in Alberta, the use of geotextiles proved to be very cost effective and helped reduce almost half of the granular thickness. One of the major players in the geosynthetics market, Nilex Inc., suggested the use of geotextiles for the modular assembly yard which led to faster construction, improved sustainability, and decreased aggregate costs. Moreover the use of geosynthetics helped in increasing the thickness of the rib and the efficiency of the junction, which in turn enhanced the aggregate confinement and interlock, resulting in an optimal structure with a stabilized layer.

Geosynthetics reduced the required granular fill thickness to such a large extent that a huge quantity of fill was eliminated, due to the exceptional strength and robustness of the geosynthetics. The yard thus built was long lasting and low maintenance and built in half the time generally required, at a reduced cost. This is just an example of the many benefits proffered by geosynthetics.

Growing Environmental Concerns Regarding Soil Erosion to Drive Global Geosynthetics Market

The geosynthetics market is primarily driven by growing environmental concerns regarding soil erosion and increasing infrastructure developments. On the other hand, the availability of low cost and natural alternatives such as jute fiber and rocks are anticipated to challenge the growth of the geosynthetics market. However, an increase in the usage of geosynthetics in green roof and green wall construction is expected to open new doors of opportunity for the market in future.