The market dynamics and growth prospects of the global dry-type transformers market largely depend on the performance and health of the global distribution transformer sector as it adopts air insulation most widely worldwide.The distribution transformers market has a significant impact on the overall market dynamics of the dry-type transformers market.The requirement for expansion and renovation of

the existing T&D network is increasing globally,primarily affected by the demand created due to factors such as growing demand for electric power, especially in the developing regions, and the need to replace age-old T&D equipment (includes power and distribution transformers as the two most important equipment).The growing need for electric power is triggered by rising urban population in countries like China, India, Indonesia, Thailand, Vietnam, Russia, Ukraine, Brazil, Mexico, and African countries such as Nigeria and South Africa. The increased need for power comes from the residential sector as well as the commercial and industrial sectors.

In this report, Technavio covers the present scenario and growth prospects of the global drilling bits market in oil and gas for 2017-2021. Also, the report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their impact on current and future market scenarios.One of the integral components of any market estimate and analysis pertains to the definition of the estimates and the exclusions. The following section of the report

enlists certain key estimates, which we have considered while arriving at the market trends and certain exclusions that have helped to demarcate the market contours.

The global door closer market covers the safety and security aspects of the residential,commercial, and industrial spaces. Door closers are offered by vendors, catering to both commercial and residential end-users.The global door closer market is projected to grow at a CAGR of 4.12% during the forecast period. Door closers are deployed for both domestic and commercial use.With the rise in security and safety concerns across regions, the demand for door closers is likely to increase. Another important reason for the growth of the market is that the vendors are offering automatic door closers with sophisticated technology,replacing the manual door closers.

The global domestic safety locker market will grow at a CAGR of 4.03% during the forecast period. The rising instance of thefts in the Americas, EMEA, and APAC drives the market. For instance, in the Americas, over 65% of all burglaries occur in residential buildings. An average of over 30,000 cases of burglary takes place every year. Globally, in 2014, the per capita burglary rate was the highest for countries in the Americas including Costa Rica, Peru, Ecuador, Uruguay, Paraguay, and Chile. In the US, states such as New Mexico, Arkansas, Louisiana, Alabama, and Mississippi witness the highest rate of burglaries for a population of 1,000 people.

The document camera is gaining importance in the education technology market.With its ability to assist visual learning in small and large learning atmospheres,these devices will become an integral element of the digital infrastructure of traditional and virtual classrooms. As new teaching methods emerge and faculty will start using interactive digital learning methods, document cameras will have a strong role in the effective delivery of content.Many traditional vendors like Lumens and Samsung Presenter that have strong positions in other related markets have entered the global document camera for smart classroom market. With a continuous focus on product innovations by vendors to reduce the price for the purpose of mass adoption in education,document cameras will, albeit at a slower pace, gain market presence in developed and developing economies.

Worldwide, governments have invested in R&D activities related to manufacturing technology and DM. National Network for Manufacturing Innovation (NNMI) in the US has six research institutes for developing the manufacturing technology.Germany's Industry 4.0, Industrial Internet Consortium, and China’s Made in China 2025 are all instances of the growing R&D activities.One of the major factors driving DM is its increased use in intelligent cars'manufacturing units. The manufacturing and R&D of intelligent cars require DM to conduct tests and simulations.Automation and robotizing of manufacturing plants and technologies such as nanotechnology and Big Data will be the major trends during the forecast period in the automotive industry in the Americas, the largest user of DM software in 2015.The implementation of DM is quite expensive, which discourages the smaller SMEs to adopt DM solutions.

This report covers the present scenario and the growth prospects of the global digital manufacturing (DM) market in electrical and electronics industry for the period 2016-2021. The report considers only DM software for revenue generation.New software licenses revenue is realized from the fee earned by the vendors from providing DM software to the customers. The software license revenue includes both perpetual and periodic licenses/subscription.Perpetual licenses are just a one-time investment, where the software can be

used indefinitely.Periodic licenses or subscription revenue is earned from the fee associated to keep the license active. It also includes fee associated with pay as you use and cloud offerings.

The wind is one of the cleanest sources of power generation. Wind turbines are used to harness the energy from the wind. The harnessed power from the wind is used to generate electricity. The wind power is directed to rotate turbine blades that are fixed to a rotor; the rotor is connected to the main shaft that spins a generator to create electricity.The conventional method of power generation is gradually losing its sheen owing to the growing environmental awareness globally. Renewable energy sources such as the wind and solar power have gained popularity worldwide. The wind energy market has witnessed a robust growth over the last decade, recording a CAGR of 12.81%. Among all the renewable energy technologies, the wind energy application has taken center stage. The cumulative wind power capacity installed was 432.90 GW in 2015, and this is expected to reach 791.00 GW by 2020.

The DC power systems are broadly categorized into DC-DC and AC-DC power supply.Such systems are mainly used in telecom towers, data centers, industrial loads,commercial buildings, residential loads, electronics appliances, automotive, medical equipment, and aircraft. The system uses semiconductor switches such as diode and thyristors for the conversion process. Since the global transmission and distribution use AC power systems, rectifiers are needed to get DC power supply. In the last few years, the growing need to achieve energy efficiency has spurred the demand for DC power systems as they are more efficient than AC power systems.The rising demand for voice over Internet Protocol (VoIP) devices, light-emitting diode (LED) lighting systems, and centralized DC power installations (380 V) in commercials building are the key factors propelling the growth of the DC power system market.However, the VoIP device and LED lighting markets are expected to reach their saturation level by the end of 2025 due to maximum penetration and other technological advances. Hence, during the forecast period, these markets will likely create a huge opportunity for DC power system as well. In addition, the growing investments in wind farms, the rising adoption of high capacity optical network, and the increasing demand for DC power in data centers are likely to propel the market during the same period. However, economic imbalances such as Chinese currency

devaluation, post-election effect in the US, and European economy crisis may impact investments in the industrial and telecom sector till 2020.

The growth of the textile and apparel industry plays a significant role in any country’s economy. Textile machinery plays a vital role in design, production, and packaging operations. Some of these machinery used in different stages of manufacturing textiles are pinning, weaving, texturing, knitting, and finishing. Dyeing and printing are a part of the finishing process. Direct consumers and automobile and aerospace industries are two end-users of the textile and apparel industry. Owing to the growth potential in the above-mentioned industries, many textile machinery vendors are finding great opportunity in this market.The global digital printing and dyeing machines market is highly dependent on the global textile trade dynamics. The growing global population coupled with improving economic conditions is a major driver that is likely to increase the appetite for essential commodities including textiles. The global apparel market grew at a faster pace in developing nations such as China, India and Brazil when compared with developed nations. Increasing brand consciousness, disposable incomes, and fashion sense in developing economies are the primary drivers of growth in developing countries. This has resulted in garment manufacturers manufacturing quality products and apparels.