The commercial
and service industry machinery manufacturing industry comprise companies
offering commercial and service industry machinery such as optical instruments,
photographic and photocopying equipment, automatic vending machinery,
commercial laundry and dry-cleaning machinery, office machinery, automotive
maintenance equipment (except mechanics' hand tools), and commercial-type
cooking equipment.
The commercial
and service industry machinery manufacturing in this report is segmented into
optical instrument and lens manufacturing, photographic and photocopying
equipment manufacturing and other commercial and service industry machinery
manufacturing.
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The global commercial and service industry machinery manufacturing
market has been declining in the past years with a CAGR of almost -4%. The year
2017 recorded growth in this market with a net market value more than 17% lower
than that of 2013, as per TBRC’s in-house consultants.
TBRC’s latest report show the historic and future trends in the market
for each year with sourced reasons to support the decline claims.
The report also shows
the global commercial and service industry machinery manufacturing market to
decline at a lower CAGR by 2021 as compared to 2017.
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Polymer optic fiber is widely being used in automotive, aircraft
manufacturing, electronics and other industries apart from telecommunications
industry. Polymer optic fiber which is similar to glass optic fiber is made
with polymer and transmits light through the core of fiber. It comprises
polymethyl methacrylate(PMMA) which facilitates light transmission along with
fluorinated polymers which is the cladding material. Polymer optic fibers are
light weight and comparatively less expensive and support bit rates of upto
10Gbps.Polymer optic fiber applications include Internet Of Things, home
networking, sensors for structural health monitoring. Major companies offering
polymer optic fiber include Mitsubishi Rayon, Asahi Kasei, Asahi Glass and
Fujifilm.
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Companies included in the report are Canon Inc., Ricoh Co. Ltd.,
Fujifilm Corporation, Sony Electronics Inc., Nikon Inc., Olympus Corporation,
GoPro Inc., Photronics Inc., and Cognex
Corporation.
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