Top Advanced Materials & Technologies in the Electronics Industry

The electronics industry is extremely dynamic as technologies, materials, and business models are continuously restructured to meet evolving consumer demand. The demand for miniaturized (i.e., smaller, lighter, and thinner electronics products), improved connectivity and computing power, faster data speeds, and most importantly, sustainability, is encouraging innovations in this industry.

Topics: Materials & Chemicals Computer Hardware & Networking Manufacturing & Construction Energy & Resources Industry Insights Heavy Industry

Top 5 Trends in the Electronics Industry

Since the time the “electronic revolution” hit the telecommunication industry, the competition in the field has exponentially increased leading to furious investment and innovation, helping to give rise to the digital economy. The digital economy supported the development of many electronic appliances such as smart phones, watches, TVs, refrigerators, security systems, and of course, environmentally friendly electric vehicles.

Topics: Manufacturing & Construction Consumer Electronics Industry Insights Heavy Industry

Global Intelligent Lighting Controls Market Forecast

The global intelligent lighting controls market is estimated to reach $36 billion by 2023, growing at a CAGR of 10.2% from 2017 to 2023, according to the market intelligence report Global Intelligent Lighting Controls Market by BIS Research.

Emerging technologies have accelerated the usage of intelligent lighting controls in various end use applications. The market is further being driven by the increasing smart homes market along with customization benefits and the continuously decreasing average selling price (ASP) of LED bulbs.

Topics: Manufacturing & Construction Heavy Industry

Global Construction Equipment Market to Recover in 2017

The construction equipment industry is a classic cyclical market, with pronounced ups and downs and the potential for significant year-to-year swings in demand. But even this pattern has been disrupted over the last eight years or so as the industry has struggled to come to terms with the immediate aftermath of the global financial crisis.

Topics: Manufacturing & Construction Industry Insights

3 Trends in US Engineering Services Industry Indicators

Over the past few years, trends in three key indicators have taken hold of some of the larger markets for engineering services. These are:

  • dynamic changes in natural gas and crude oil prices
  • a surge in spending on nonresidential building construction
  • an uptick in the retirement of coal-fired power plant capacity

The direction these indicators take going forward may significantly influence demand for engineering services in their associated market segments.

Topics: Manufacturing & Construction Industry Insights Heavy Industry The Freedonia Group

Boral’s Acquisition of Headwaters Shows Interest in Construction Projects

One of the few things both political parties agreed on during the recent US presidential election campaign was the need to rebuild the nation’s transportation infrastructure. Not only are many of the nation’s roads and bridges in need of repair, if not outright replacement, but this surge in construction activity would generate high-paying jobs. 

The election of Donald Trump as the 45th US President has spurred interest in large-scale public works projects, especially with his call for a national infrastructure bank. While some parts of his plan remain controversial — and details on how to pay for it remain murky — many businesses are betting that there will be an increase in US construction activity. 

Topics: Manufacturing & Construction Industry Insights The Freedonia Group

Cool Roofs Are Expected to Gain Popularity Across the US

Owners and tenants of commercial properties usually only think about their roofs when there is a leak that needs repairing. However, many are discovering that their choice in roofing materials can help them save on their bottom line. 

“Cool roofing” products help reduce energy consumption and lower utility bills — important considerations for all business owners. Materials are classified as “cool roofing” if they reflect a significant amount of sunlight off of a roof surface while also absorbing solar radiation. By doing so, cool roofs prevent heat from being transferred to the interior of the building, causing less strain on air conditioning and keeping cooling costs at a manageable level.

Topics: Manufacturing & Construction Industry Insights Heavy Industry The Freedonia Group

The Kigali Accord Leaves Refrigerant Manufacturers in the Cold

This month’s passing of the Kigali Accord marks a significant milestone in the development of the global HVAC/R industry. Signed by nearly 200 Montreal Protocol countries, the Kigali Accord represents a global commitment to combat climate change and, if successful, will result in the reduction of the equivalent of 70 billion tons of carbon dioxide between 2020 and 2050.

By singling out one type of refrigerant, hydrofluorocarbons (HFCs), the Kigali Accord also presents a substantial challenge to both HVAC/R equipment manufacturers and users. 

Topics: Manufacturing & Construction Industry Insights Heavy Industry The Freedonia Group

Eco-Friendly Products in the Commercial Window and Door Industry

Design trends in nonresidential buildings are increasingly making energy efficiency and environmental friendliness a priority. In few markets is this more evident than in the commercial window and door market. 

How is the commercial market different from the residential market?

The residential market is more directly impacted by energy standards, such as those of the ENERGY STAR program. These are regularly updated and often come with federal tax breaks for homeowners. Additionally, homeowners immediately benefit from the energy bill savings and more comfortable indoor environments associated with efficient windows and doors. 

Topics: Materials & Chemicals Manufacturing & Construction Industry Insights Heavy Industry The Freedonia Group

Shaw Acquisition Highlights Rising Demand for WPC Flooring

The recent announcement from Shaw Industries that it intends to acquire USFloors demonstrates the increasing demand for wood-plastic composite (WPC) flooring in the US.

WPC flooring — which consists of luxury vinyl tile (LVT) with a WPC core that serves as a backing — was introduced to the US by USFloors in 2013. This flooring’s attractive appearance and durability caused it to quickly gain acceptance among interior designers and homeowners. Seeking to capitalize on its popularity, several other hard surface flooring manufacturers developed their own lines of WPC flooring. 

Topics: Materials & Chemicals House & Home Manufacturing & Construction Industry Insights Heavy Industry The Freedonia Group