COVID-19 pandemic has turned out to be a major growth determinant in the industrial automation sector. With the integration of digital infrastructure to monitor and control public health, industrial automation has taken a new shape. This crisis has enhanced the value of IT and digital transformation across different sectors and industries.
In the current situation of restricted movement and reduced workforce, new technologies have been developed to provide end-to-end automation in different sectors such as food processing. Automated systems are hired by the companies to ensure continued supply and manufacturing of products with the least manual interference.
The digital transformation during the COVID-19 pandemic has enhanced our dependency on advanced technologies such as Augmented Reality, Virtual Reality, and the Industrial Internet of Things. The unfulfilled financial targets are compelling the organizations to adopt automation and advanced technologies to stay ahead in the market competition. Businesses are utilizing this opportunity by identifying daily operational needs and inculcating automation in it to create a digital infrastructure for the long term.
Bushing is one of the type of bearing also known as plain bearing, it is an independent part of the bearing which is implanted into housing of bearing surface for rotational application. There is various range of bushing available starting from simple sleeve bushing to complex style incorporating notches, grooves or metal reinforcing sleeves.
The bushing is made up of material with high wear resistance, durable and resistant to corrosion and elevated temperature. Hence the materials such as Babbitt, bi-material, bronze, cast iron, graphite, jewels, and plastic are preferred for making a bush. Among all the types of bushings, carbon- graphite bushings are ideal above all due to the properties such as self-lubricating, high fatigue resistance, resistance to corrosion, excellent dimensional stability, low thermal expansion, low coefficient of friction, dry running properties, good thermal conductivity among others.
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Carbon- graphite bushings is widely replacing ball bearings, metal and plastic bushings, and ordinary hard carbon bushings. Carbon- graphite bushings are practiced in machines where oil or grease lubricants do not work, areas which hold corrosive liquids and gasses on machines or where dirt is present. Another factor which raises the demand of carbon- graphite bushings is that they are well-suited with food & pharmaceuticals, low coefficient of thermal expansion.
Majorly, increasing demand for vehicle production all over globe is driving the market of carbon- graphite bushings globally. Due to its self-lubricating, corrosion resistance, high-temperature resistance, and other characteristics, carbon-graphite bushings can meet the sealing requirements under the condition of explosive, radioactive media, strong corrosive, and flammable. Many problems in chemical machines are effectively solved by using carbon- graphite bushings, and it is beneficial in improving working conditions and raise the quality and productivity.
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The global carbon- graphite bushings market is segmented into two parts based on its applications and end use industry.
Regarding geography, the carbon- graphite bushings market has been categorized into seven key regions including North and Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The carbon – graphite bushings market is globally expected to register healthy CAGR during the forecast period. Despite the soft economy, consumers of North America are buying cars which raise the production in automotive sector in countries such as Canada and the US, this made, North America leading region in carbon- graphite bushings market.
In Eastern Europe, unexpressed demand from the recession recovery coupled with low-interest rates offered for car loans enhanced the business of automobile industry which passively increased the demand of carbon- graphite bushings in Eastern Europe making it a second leading region. Countries such as China, India are the principal countries in Asia-Pacific excluding Japan region development wise, many industries such as automotive, electronics, and aviation are opening their factories in these countries, this generate the demand of carbon- graphite bushings by making Asia Pacific Excluding Japan third leading region. Japan, Latin America and the Middle East and Africa are predicted to acquire the carbon- graphite bushings market in the near future.
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Post time: Jun-05-2020