Marijuana Drying and Curing Equipment

In the United States, 46 states have decriminalized small amounts of marijuana, allow the use of medical marijuana, or allow the adult use of recreational marijuana. Twenty other countries also allow some form of marijuana use.1 Cultivating and harvesting marijuana plants are only two parts in the process of creating a usable product. The plants also need to be dried and cured.

The drying and curing process, if done properly, enhances the flavor and smell, inhibits mold and bacteria growth, increases the shelf-life of the product, and may increase potency. Drying and curing require precise humidity and temperature, both of which can be influenced by several factors including seasonal temperatures, elevations, barometric pressures, different cultivars, and quantities, to name a few. Some smaller processors that have only a few plants may prefer to dry and cure the product manually, using drying racks and containers for curing, while personally monitoring the environment in the drying room and checking on the progress often. Mid-size and larger processors that dry and cure several pounds of product at a time are more likely to use stand-alone drying and curing machines that automatically maintain the correct temperature and humidity within, thereby needing less oversight.

Today’s market size shows the sales of marijuana drying and curing equipment worldwide in 2017 and projected for 2025. The United States led with a 55% share in revenue in 2017, followed by Canada with 32.2%. Australia, Uruguay, Israel, and Colombia combined composed the other 12.8%. More countries are expected to legalize the use of marijuana for medical or recreational use. As a result of this and technological advances in the equipment, demand is predicted to increase.

1 As of January 2, 2018.

Geographic reference: World
Year: 2017 and 2025
Market size: $76.7 million and $157.1 million, respectively
Sources: “Marijuana Drying and Curing Equipment Market Size, Share & Trends Analysis Report By Country (U.S., Canada, Germany, Australia, Uruguay, Israel, and Colombia), and Segment Forecasts, 2019 – 2025,” Grand View Research Report Summary, January 2019 available online here; “The Global Marijuana Drying and Curing Equipment Market Size is Expected to Reach USD 157.1 Million by 2025,” Cision PR Newswire, February 18, 2019 available online here; “All of the Places in the World Where Pot Is Legal,” Kindland, June 2, 2017, updated January 2, 2018 available online here; Kenneth Morrow, “Master the Art of Drying and Curing Cannabis,” Cannibis Business Times, April 2017 available online here; Nebula Haze and Alltatup, “Complete Drying & Curing Marijuana Guide,” Grow Weed Easy, February 1, 2019 available online here; “Top Tips to Successfully Dry and Cure Your Fresh Cannabis Buds,” Royal Queen Seeds Blog, October 30, 2017 available online here; “The Drying and Curing Process,” Cann Systems available online here.
Image source: gjbmiller, “marijuana-cannabis-weed-bud-green-2174302,” Pixabay, March 27, 2017 available online here.

3D Printing

The arrival on the market of consumer level 3D printers in 2012 has brought a great deal of attention to the subject of 3D printing. In essence, 3D printing may be defined as follows: A way of making objects using a computer-driven, additive process, one layer at a time. A computer-aided design (CAD) system is used by a printer-like machine which creates thousands of cross sections of the designed object and then produces that object, in plastic or metal, layer by layer. Although the name is relatively new, the technology behind 3D printing emerged in the 1980s for use, primarily, in the manufacturing sector.

There are two distinct branches of 3D printing: (1) small-scale 3D printing, where individuals or small groups with comparatively cheap machines print plastic objects in their homes or small shops, and (2) industrial 3D printing, which is usually called additive manufacturing (AM). The current industrial applications of 3D printing (primarily the creation of models, molds and dies) are seen by many as having the potential to have a revolutionary impact on manufacturing as a whole, in part because of its replacement of more traditional machine tooling tasks.

Today’s market size is an estimated value of the 3D printer market in 2012 and a forecast as to its value within a decade. This forecast comes from a gentleman who is a founding member of a company selling 3D printers to the public, 3D Systems. His forecast may refer only to 3D printers sold for nonindustrial applications, in other words, the first of the two branches of this market, as described above.

Geographic reference: World
Year: 2012 and 2022
Market size: $500 million and $35 billion respectively.
Source: Abe Reichental in a video interview with the Financial Times, “3D Printing ‘Bigger than Internet,'” June 21, 2012, available online here. “How Will 3D Printing Impact The Manufacturing Industry?” Seeking Alpha, March 18, 2013, available online here.
Original source: 3D Systems
Posted on April 2, 2013

Musical Instruments

Manufacturer product shipments

In a recent New York Times article about leading electric guitar maker, Fender, we found the size of the retail sales figure for musical instruments in the United States. But, it made us think, what about musical instrument manufacturing in the United States? It turns out that U.S. musical instrument manufacturers are weathering the 2007–2009 recession and slow recovery since reasonably well.

The graph presents data from the U.S. Census Bureau on musical instrument manufacturer product shipments annually from 1997 through 2010. The value of U.S. made musical instruments grew, if slightly, over this period. When compared with the value of musical instrument imports, we look at a different time period, 2000 to 2010. Over the first decade of the new century, the value of U.S. made musical instruments fell by 5.5% while the value of musical instrument imports fell 7.0%.

Today’s market size is the value of all musical instrument sales in the United States in 2011. Please note that the figures in the graphic are not retail sales, rather values based on wholesale values.

Geographic reference: United States
Year: 2011
Market size: $6.5 billion
Source: Janet Morrissey, “Aiming To Stay Plugged In,” September 30, 2012, The New York Times, page B1. The graphic was produced with data from the “Annual Survey of Manufactures: General Statistics: Statistics for Industry Groups and Industries: 2010 and 2009,” and earlier “Annual Survey of Manufacturer” reports on the industry, NAICS 339992 Musical Instrument Manufacturing. The Census Bureau data are available online through their American FactFinder website, here.
Original source: Music Trades
Posted on October 9, 2012

Computers in the U.S.

The steady rise in demand for computers and electronic computing devices in the United States appears, when charted, as a line moving in exactly the opposite direction as the domestic production and shipments of these same products. This is an industry (NAICS 334111) that highlights a trend towards increasing consumption of a product and declining production of the same which feeds the U.S. trade imbalance. But that leads us to complex questions we don’t really want to address here. Here, we present market sizes and today’s is based on the value of Electronic Computer Manufacturing in the United States in 2000 and 2010 as well as the value of net imports of the same products in 2000 and the forecasted value for 2010.

Geographic reference: United States
Year: 2000 and 2010
Market size: U.S. manufacturing $69.3 and $27.9 billion
Market size: Net imports $89.4 and $199.3 billion
Source: Computer value of shipments from Annual Survey of Manufactures 1997, and the 2002 Economic Census. Net imports of Electric and Electronic Equipment from Statistical Abstract of the United States: 2000. Net imports of Computers and Electronic Products from Statistical Abstract of the United States: 2012.
Posted on November 29, 2011

Bottom-Mounted Freezer Refrigerators

Trends in refrigerator design do not change in significant ways very often. Most changes in recent years have been related to the energy efficiency of these appliances. But one very visible design change that has become popular in the last half decade is the placement of the freezer section below the refrigerator section of the machine. These newly designed refrigerators are called bottom-mounted freezer style refrigerators. Many of these machines, though not all, use a large pull out drawer to hold the freezer section instead of a compartment entered through a simple door.

Today’s market size is an estimated size of this market for bottom-mounted freezer refrigerators in North America.

Geographic reference: North America
Year: 2010
Market size: $3 billion
Source: “UPDATE: Whirlpool Petitions US for Trade Probe on Samsung, LG,” ADVFN, March 30, 2011, available online here.
Original source: Dow Jones News and Whirlpool Corp.
Posted on October 6, 2011

Pinball Machines

Pinball was a popular form of entertainment in the 1970s through the early 1990s. During this time period, there were five different companies producing 100,000 machines per year. Since then, video games have replaced pinball as a popular pastime. Many businesses such as arcades and bars, where pinball machines were commonplace, saw reduced revenue and decided to get rid of the machines and replace them with video games.

In 2011, Stern Pinball, based in Chicago, Illinois, was the only remaining pinball manufacturer in the world. From 1999 to 2009, the number of pinball machines in commercial locations dropped from 360,000 to 79,000. Data show pinball industry revenues in 1999 and 2009.

Geographic reference: United States
Year: 1999 and 2009
Market Size: $1.1 billion and $275 million respectively
Source: Olivia Oran, “Pinball Fights to Survive in an ‘Angry Birds’ World,” The Street, September 19, 2011, available online here.
Original source: Vending Times
Posted on September 23, 2011