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Vehicle Roadside Assistance Market: North America to Remain Largest Regional Market Through 2026

Transparency Market Research has released a new market report titled “Vehicle Roadside Assistance Market (Service: Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, and Others; Provider: Auto Manufacturer, Motor Insurance, and Others; Vehicle: Passenger Vehicle and Commercial Vehicle; and Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, in terms of revenue, the global vehicle roadside assistance market is estimated to expand at a CAGR of about 4% during the forecast period.

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All kinds of vehicles are prone to typical roadside issues such as dead batteries, flat tires, misplaced keys, and other minor mechanical and electrical problems. Moreover, automobiles that are more than 10 years old are twice as likely to end up stranded by the road side, as compared to newer vehicles, and subsequently, with the odds of necessitating a tow quadruples. When a vehicle breaks down, or is involved in a road crash, vehicle roadside assistance fixes the issue on the spot, most of the times. Moreover, expansion of network coverage for roadside assistance owing to app-based services has led to increased service offering and has eliminated the stress and complexity of roadside assistance, which in turn is driving global vehicle roadside assistance market. Moreover, rising number of aging vehicles is fueling the demand for roadside assistance services.

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Demand for towing services is increasing owing to the increasing complexity of vehicles and integration of more electronics, making on-the-spot repair difficult. Towing due to collision or breakdown comprises the most basic request for emergency road assistance. The towing segment accounted for a major share of the global vehicle roadside assistance market in 2018. Moreover, vehicles that are older than 5 years require battery assistance. Rise in the adoption of roadside assistance among ageing vehicles and sales of hybrid and battery electric vehicles are expected to boost the battery assistance segment of the market.

Auto manufacturers are the leading providers of vehicle roadside assistance. Most new vehicles sold across several developed countries benefit from roadside assistance under warranty. Honda vehicles manufactured after 2015 have 3-year/ 36,000 mile roadside assistance coverage. Automakers such as General Motors, Hyundai, Toyota, Ford, and Mitsubishi have similar plans for new vehicles for a period ranging from 2 years to 7 years. Therefore, the auto manufacturer segment of the global vehicle roadside assistance market is projected to dominate during the forecast period. Motor insurance companies are major service providers; however, they account for a relatively minor share of the market, in terms of revenue, due to their low premium charges.

Rugged Power Supply Market: High Demand for Business Process Digitalization to Enhance Deployment Rate

The global rugged power supply market was valued at US$ 16,302.8 Mn in 2017 and is projected to expand at a compound annual growth rate (CAGR) of over 5.5% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Rugged Power Supply Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ This is mainly due to development of advanced military power supply systems as well as early adoption of COTS (commercial off-the-shelf) software. Moreover, huge demand for rugged power supply across telecommunication and healthcare industries is expected to propel the market during the forecast period.

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The global rugged power supply market has been segmented based on type, component, system type, industry, and region. Based on type, the market has been divided into programmable and non-programmable segments. By component, the market has been categorized into hardware and software. The hardware segment is further sub segmented into DC/AC convertor, AC/DC convertor, DC/DC convertor, EMI filters and others (inductors, transformers, etc.).

In terms of system type, the market is segmented into discrete power supply system and integrated power modules. In terms of industry, the market has been segmented into telecommunications, medical & healthcare, military & aerospace, transportation, lighting, food & beverage, and others (mining and construction). Based on geography, the market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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In terms of industry, the military & aerospace segment is anticipated to constitute a significant share in 2017. The segment is expected to be driven by factors such as the rising demand for next generation rugged power supplies to withstand extreme and harsh environments.This can be further attributed to the rising trend of incorporating digital power management and control solutions in military power supply products. Further, the power supply equipment replacement cycle is getting shorter.

The military sector is responsible for safeguarding sensitive data such as information related to national security, weapons, defense systems, strategies etc. The need toprotect sensitive electronic devices from grid power quality instability is increasing significantly. Adopting smart grid systems & renewable energy sources can improve grid reliability. Smart grid technology in power supply systems can improve the amount of uneven renewable generation in power systems. Smart grids stimulate energy saving in power supply systems by improving the utilization efficiency and power consuming efficiency. Also, increase in use of equipment demanding higher voltage is paving the way for new market opportunities and hence contributes to the growth of the market.

Narrowband Internet-of-Things (IoT) Chipset Market: Expected to Witness Significant Revenue Growth Through 2026

The global narrowband internet of things chipset market so far held a highly consolidated competitive landscape, according to Transparency Market Research. In its recent research report, it was shown that Qualcomm Inc., U-blox Holding AG, Sequans Communications, Commsolid GMBH, and Altair Semiconductor – the leading five companies for 2016 – held a staggering 98% of the overall market for that year. Some of the key areas of focus for these players include product innovation and introduction to commercial markets, improving presence in multiple key regions, and increased investments in research and development efforts. Other opportunities in alliances and collaborations, and mergers and acquisitions, in order to add to their product portfolios are also dominant strategies being employed by the leaders of the market.

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The TMR report explains that the global narrowband internet of things chipset market is expected to expand at a whopping CAGR of 37.9% CAGR within a forecast period from 2017 to 2025. The market is expected to reach US$793.7 mn by the end of 2025, after being calculated at US$45.0 mn in 2016.

Asia Pacific led the global narrowband internet of things chipset market in 2016 in terms of promising growth opportunities, a factor primarily attributed to the growing chipset integration smart detectors, smart appliances, and smart meters. Nations such as China and Japan are also showing an increasing rate of adoption of IoT principles on an industrial front as well as in the residential sector. Asia Pacific is expected to continue leading the global narrowband internet of things chipset market over the report’s given forecast period. Of the key areas of applications in the market, trackers, smart appliances, and smart meters are currently key contributors of revenue on a global perspective.

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“Some of the key factors that are likely to hold a positive influence on demand for narrowband IoT chipset, especially in smart devices, is their ability to impart a significant reduction in the power consumption and simultaneously provide improved scalability in networks. NB-IoT chipsets also reduce the overall complexity of different network types and consequently help in reducing overall device costs by as much as 60%, in comparison to devices built on LTE category 4,” states a TMR analyst.

Other NB-IoT chipset features include deployment simplification, enhanced network topology, secured connectivity with strong authentication factors, and improved infiltration coverage concerned with existing wide area networks in indoor as well as outdoor settings. Each feature is adding a significant magnitude of appeal in favor of the market.

Non-Lethal Weapons Market: Strong Distribution Channels Expected to Provide More Convenience to Various End Users in the Global Market

According to a new market report on non-lethal weapons, published by Transparency Market Research, the global non-lethal weapons market is expected to reach US$ 6,591.8 Mn by 2026, expanding at a CAGR of 6.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 7.2% through 2026.

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Stringent government regulations and measures are being adopted to provide better security measures to civilians worldwide. In addition, globally, non-lethal weapons manufacturers are constantly developing and launching innovative products, compliant with international and regional laws, in order to provide citizens with self-defense alternatives. The use of lethal force against assailants is discouraged by law, which in turn is opening up new opportunities for use of less lethal weapons.

The global non-lethal weapons market is broadly segmented by product, technology, application, and region. By product, the market can be segmented into direct energy weapons, conducted energy weapons, gases and sprays, water weapons, and others. The direct energy weapons segment is anticipated to be the highest revenue contributing segment in 2018 with 25.4% of total market revenue and is expected to rise at a significant CAGR of 5.9% over the forecast period.

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This is mainly due to technological advancements in this sector. In terms of technology, the market has been divided into mechanical and kinetic non-lethal weapons, chemical non-lethal weapons, acoustic non-lethal, electromagnetic non-lethal weapons, and other technologies. Acoustic non-lethal weapons segment is expected to grow tremendously at a CAGR of 8.1% due to inclination toward crowd repellent weapons. Based on application, the global non-lethal weapons market has been segmented into military,law enforcement agencies, and civilian. The market share of military is estimated to increase at a healthy CAGR of 6.6%, reaching market value of US$ 3,242.3 Mn by 2026.

Industrial Gas Regulator Market: Asia Pacific to Remain Largest Market Through 2026

As per the latest comprehensive and insightful research report released by Transparency Market Research, the United States industrial gas regulator market is highly fragmented. However, there are a few well-established brand names such as The Linde Group, Honeywell, and Air LIquide S.A. that are making their presence felt in the U.S. industrial gas regulator market. These players enjoy a significant market share owing to their forward and backward integration in the ecosystem by providing integrated and turnkey solutions across various industries.

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Moreover, these players have deeply penetrated the United States industrial gas regulator market by introducing innovative and technologically advanced products in the market, such as hybrid single-stage regulators for reduced complexity in industries to control the flow of gas. Others companies, such as Air Products and Chemicals Inc., Itron, Inc., and Praxair Technology, Inc. are the emerging players in the United States industrial gas regulator market and have positioned themselves well in the market.

As per the available projections given in this research report, the U.S. industrial gas regulator market was valued at US$ 2,468.4 Mn in 2017 and is slated to reach a valuation of US$ 3,030.5 Mn in 2024, reflecting a CAGR of 2.9% during the assessment period 2017-2024.

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A growing demand for innovative products that offer improved performance and reliability and reduce environmental impact are driving the demand for new technologies and contributing to the growth of the United States industrial gas regulator market. Improvements in gas regulator technologies are anticipated to set new standards in performance of the industrial gas regulators by replacing the diaphragm used in the ordinary regulators with pistons in order to enable them to operate at an increased frequency, and also offer reliability and improved pressure stability, and these developments are driving the industrial gas regulator market in the United States.

For example, Linde Group launched a hybrid premium regulators named Smoothflo. Such kind of regulators provide multi-stage performance and constant gas flow without any adjustments and provide enhanced safety as well. The impact of technologically advanced gas regulators on the industrial gas regulator market in the United States is expected to be high, as industries demand advanced technology products for better performance, enhanced safety and reduced redundancy of work.

Baby Diapers Market: Asia Pacific to Remain Largest Market Through 2026

The competitive landscape in the Asia Pacific, Middle East, Latin America and South Africa baby diapers market is likely to remain moderately fragmented over the coming years, according to a research report released by Transparency Market Research. Names such as Johnson and Johnson and Procter and Gamble Company are expected to witness improvements in demand owing to increasing market penetration and growing disposable income among families. There is still a significant volume of the market being taken by local manufacturers that are largely dominant in the more rural areas and popular among lower income families.

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The Asia Pacific, Middle East, Latin America and South Africa baby diapers market was valued at US$20.75 bn in 2014. Owing to factors such as population explosion, the market is expected to show a healthy CAGR of 7.6% within a forecast period from 2015 to 2021. By the end of 2021, the market value is expected to reach US$34.87 bn. By volume, the market is expected to reach 5,967.2 million units by 2021. Asia Pacific, particularly India and China, have been dominating the demand for baby diapers in this collective market region, owing to massive populations and swiftly improving urban infrastructure. The Asia Pacific region is receiving a high volume of interest from international players due to the increasing purchasing abilities of consumers. Cloth diapers have been popular in the Middle East so far, while disposable diapers have retained dominance in other key regions of the market over recent years.

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“A key factor currently affecting a large number of consumer product markets include the demand for ease of handling a product owing to the increasingly busy lifestyles of the average urban civilian. This includes the market for baby diapers, which is experiencing a strong rate of growth due to this. Manufacturers are also ramping up their production rates as well as innovating packaging materials and aesthetics to increase consumer appeal and to meet their changing requirements,” states a TMR analyst.

The busy lifestyle among the average consumer demographic is also creating a demand for wholesale purchases of baby diapers or baby diaper packs of large sizes. This is creating a growth in demand for large packaging. Decreasing infant mortality rate, increasing awareness regarding personal hygiene, government incentivization schemes for child care, and medical advancements in child healthcare are further expected to drive the market for baby diapers in nearly all the regions assessed in the report.

Hearing Protection Equipment Market: New Materials and Designs by Manufacturers to Influence Growth

Companies functioning in the global hearing protection equipment market are anticipated to find new market opportunities in emerging countries in the near future, identifies Transparency Market Research (TMR). Bullard, Uvex Safety Group, Honeywell International Inc., 3M Co, Msa Safety Inc, Kimberly-Clark, Grainger, Inc, Avon Rubber Plc., E I Du Pont De Nemours and Co., and Ansell Limited are among the leading companies profiled in TMR’s report. A majority these market players are actively focusing on development of more efficient products in order to increase their customer base.

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As per the latest report published by Transparency Market Research (TMR), the global market for hearing protection equipment is set to exhibit a CAGR of 4.6% from 2017 to 2026 and surpass a valuation of US$ 5,000 Mn. Growing concerns overs worker safety is expected to influence the global market for hearing protection equipment during the assessment period. At the same time, increasing efforts to standardise working conditions in emerging countries is anticipated to further drive the demand for hearing protection equipment in the forthcoming years. Regulatory bodies in these countries are enforcing new laws that ensure a better safety standards in manufacturing sites in the country. Moreover, rising awareness of workplace safety among workers along with introduction of advance hearing safety gears and devices is have a positive impact on the market.

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Hearing protection equipment find widespread application in various industries including oil & gas, construction and manufacturing among others. Also, rapid growth of industries in countries such as Brazil, China and India is creating market opportunities for various typed if safety gears, including hearing protection equipment. Further, local authorities in developing countries are introducing new policies that are directed towards improving the working conditions in manufacturing facilities in the country. Workers in third-world countries face a greater risk of damaging their sensory organs at work owing to poor of safety standards. Nonetheless, governments in many of the third-world countries are making policy reforms that are aimed at improving the labour safety law. Factors as such are expected to influence the global sales of hearing protection equipment during the review period.

Commercial Fitness Equipment Market: Technological Advancements Expected to Boost Revenue Growth During 2017 - 2022

With regards to the vendor landscape, the global commercial fitness equipment market boasts prominent companies such as Brunswick Corporation (Life Fitness), Johnson Health Tech. Co., Ltd., Amer Sports Corporation, Technogym, Cybex, and Matrix Fitness, among others. Considering the presence of several large companies, the global commercial fitness equipment market witnesses the prevalence of a high degree of competition. Therefore, in order to gain a competitive edge many of these enterprises have taken up mergers and acquisitions. Strategic collaborations are favored as well, as they offer the market players to expand their footprint within the industry. For instance, Cybex International was acquired by Brunswick Corporations in 2016. A majority of the companies operating in the global commercial fitness equipment market are more inclined toward forging long term partnerships with hotels and gyms to remain the sole supplier of fitness equipment for a longer term.

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Meanwhile, strategies adopted by the market players leave a profound impact on the way the overall market functions. According to TMR, the global construction fitness equipment market will reach US$2.19 bn by the end of 2017. Exhibiting a CAGR of 4.8%, the market is forecast to value US$2.77 bn by the end of 2022.

According to the report, the commercial fitness equipment market is poised to surge at an impressive pace during the aforementioned forecast period. With people from around the world inclining towards healthier living, they are expected to dedicate more time on fitness and exercise. This is touted by experts as a chief factor enabling the market gain momentum over the last few years. Factors such as the rising incidence of chronic heart disorders and obesity on the back of increasingly prevailing sedentary lifestyle have compelled people to focus more toward their health. Also to benefit their citizens and encourage healthy living, governments from across several nations have introduced myriad initiatives and healthcare awareness programs. Given the scenario, the demand for commercial fitness equipment is expected to surge in the coming years.

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Also rapid urbanization and increasing pollution due to industrialization, which are phenomenon inducing stress and ill health will play significant rolls in making consumers more willing to spend their time and money on fitness and exercise. Against this backdrop, nations around the world have witnessed increased gym membership especially among working and urban population. Furthermore, the rising awareness among geriatric population has helped the market gain pace as well. Besides this, baby boomer generation in Asia Pacific and Europe are increasingly enrolling in specialized health clubs and gyms, which bodes well for the global commercial fitness market.

Digital Audio Workstations (DAWs) Market: Strong Distribution Channels Expected to Provide More Convenience to Various End Users in the Global Market

According to a new market report Digital Audio Workstations (DAWs) Market, published by Transparency Market Research, the global Digital Audio Workstations (DAWs) Market is expected to reach US$ 1,486.0 Mn by 2026, expanding at a CAGR of 8.8% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. North America will continue to be at the forefront of global demand, with the market in the region growing at above 8.2% through 2026. Technical advancements, increased digitization and presence of large number of digital audio workstations manufacturers are anticipated to significantly influence the global digital audio workstations market growth across the North America region.

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Increasing adoption of DAWs system for recording, editing and producing audio files is expected to boost the growth of the overall market in the coming years. The ability of DAWs software to offer cost effective and efficient recording system is fueling demand for them. Apart from that, easy availability of free learning materials on different website is expected to boost the demand of DAWs software across the different application area over the forecast period. In addition, music composition or creation of electronic music with little investment in computer or digital device is expected to fuel the growth of the market in the coming years. Furthermore, increased presence of number of digital audio workstations manufacturers and post-sale service providers across the regions has led to subsequent rise in demand of digital audio workstations and which is likely to supplement the market growth during the forecast period.

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In terms of digital audio workstations system, both North America and Europe are matured market owing to high awareness among the users and technological development. However, South America is expected to witness strong growth during the forecast period from 2018 to 2026. Rising penetration of technology as well as significant investments in music production from media and entertainment industry across the countries such as the U.S., UK, Germany, France, China, India, South Africa and Brazil among others is anticipated to offer prominent opportunities for digital audio workstations providers in the near-term.

Marine Alternators and Motors Market: Technological Advancements Expected to Boost Revenue Growth During 2017 - 2022

According to a new market report published by Transparency Market Research titled “Marine Alternators & Motors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global marine alternators & motors market is expected to reach US$ 7.2 Bn by 2026, expanding at a CAGR of 5.6% from 2018 to 2026. Asia Pacific held the highest market share in the global marine alternators & motors market in 2017.

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Marine alternators use mechanical energy from the spinning pulley to produce electrical energy. Alternators tend to be more reliable than generators, largely because of the difference in how they each use rings and brushes. DC generators use split rings, which cause the brushes to wear more quickly; the brushes rub against the break in the ring. An alternator uses solid rings, which experience less wear and tear.

Various ship operators are utilizing renewable energy, including solar energy, as a storage option in hybrid alternators. Stored solar energy is used during peak hours or at night in marine alternators, thus eliminating the round-the-clock need for conventional marine fuel. Hence, a shift toward usage of hybrid alternators is expected in the near future.

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The globalization of trade grew exponentially, facilitated by the container ships that revolutionized the global maritime logistics system. Economic development in emerging economies has changed the geography and structure of international trade and has enhanced the relations between industrial production and regional integration. The global shipbuilding industry set to get more crowded as Latin American shipyards are making their presence felt. Their platforms are not solely produced for local navies, as exporting them is now an objective. It is safe to say that Latin American shipyards will continue to produce vessels and submarines for local navies.

Marine vessel procurement in the defense sector has been expanding over the past few years to maintain the supremacy across the globe and for better national security. The increase in naval vessels is expected to create an impact on the military marine vessel engines market during the forecast period. Asia Pacific is expected to have the highest growth rate during the forecast period due to rise in number of procurements and development of advanced or hybrid alternators by China, India, and South Korea.

Lighting Products Market: Technological Advancements Expected to Boost Revenue Growth During 2017 - 2022

The U.S. lighting products market exhibits the presence of varied players and a large number of retailers. With the leading players vying to gain the lion’s share, the U.S. lighting products market exhibits a highly competitive landscape. Moreover, this lighting industry operates at surplus of products, causing fiercer rivalry among players, finds Transparency Market Research (TMR) in a recent study.

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The Home Depot, Lowes, Target, Wal-Mart, Bed Bath & Beyond, Sam’s Club, Menards, and Costco are among the leading market players. Of these companies, The Home Depot emerged dominant holding a share of over 19% in the overall market in 2015. It is currently focusing on its future plans of expanding the presence across the U.S. suburban area. On account of such business policies, The Home Depot’s dominance is expected to continue through the report’s forecast period. Other companies as well will focus on expanding their regional presence in order to gain sustainable growth in the near future.

According to TMR, the U.S. lighting products market, which stood at US$185.65 bn in 2015, is forecast to reach US$285.84 bn by the end of 2024. If these figures hold true, the U.S. lighting products market will progress at a CAGR of 5.0% between 2016 and 2024.

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By standalone type, pace of gains in the others segment is projected to remain the highest through the forecast period. The T8LED tube bulb segment will emerge as the second-lead in the market and held around 26% of the overall market in terms of value in 2016. Based on application, the residential lighting segment emerged dominant in 2015 and is expected to continue leading the market through the forecast period. TMR predicted its overall value-based share to reach over 69% by the end of 2016. The residential lighting segment is expected to gain from the increasing demand for retrofitting in the U.S.

The lighting products market in the U.S. is treading along a positive curve. The rising installation of bulbs and lighting fixtures across major applications will aid the expansion of the U.S. lighting products market. Growth witnessed in the residential and non-residential constructions will thus have an inevitable impact on the overall demand for lighting products. Besides new constructions, the demand for retrofitting advance bulbs and tubes will emerge as a chief market driver.

NFC Chips Market: Asia Pacific Regional Market Expected to Account for More Than 1/3rd of the Total Market Value Share by 2026 End

The global near-field communication (NFC) chips market has been prognosticated in a report by Transparency Market Research (TMR) to be highly consolidated with NXP Semiconductors securing a stronger share in the recent past. The company could sustain its position all through the course of the forecast period 2016-2024. The market includes other leading companies such as Qualcomm Inc., STMicroelectronics, and Broadcom Corporation that are actively involved in partnerships and mergers and acquisitions. This could intensify the competition in the market in the coming years. The report has shed more light on other factors that could impact the vendor landscape of the market.

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TMR has envisaged the NFC chips market to post a whopping CAGR of 26.0% to attain a valuation of US$10.62 bn by the concluding forecast year. On the basis of application, the market could gain immensely from smartphones anticipated to secure a larger share in the near future. By region, Asia Pacific may snatch the dominance from North America while expanding at a 27.90% CAGR.

According to a lead analyst at TMR, the world NFC chips market could primarily collect growth from the rising application in consumer electronics. In the recent years, the application of NFC chips in consumer goods has increased considerably due to their ability to improve the applicability of user interfaces and simplify them. There could be substantial growth prospects created with the extensive use of NFC chips in smartphones as well.

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Rising disposable income of people and their swelling interest in luxury goods have been expected to augur well for the growth of the consumer electronics industry, which could in turn augment the demand for NFC chips.

Lack of awareness about NFC chips and complexity in their product designs could hamper the adoption rate in the foreseeable future. However, with the improving demand for NFC-enabled point of sale terminal (POS) terminals around the globe, the international NFC chips market has been envisioned to draw a handsome growth from the aviation and retail industries.

Feminine Hygiene Products Market: Technological Advancements and Move Towards Digital World Driving Revenue Growth

Leading market research firm Transparency Market Research has announced the release of a new research report, detailing the Latin America feminine hygiene products market. The market’s historical and present figures are detailed and analyzed in order to present reliable forecasts for the market’s growth in the period from 2014 to 2020. The Latin America feminine hygiene products market is expected to grow at a 9.6% CAGR in the 2014-2020 forecast period, rising from a 2014 valuation of US$2,198.2 million to a projected 2020 valuation of US$3,809.7 million.The report, titled ‘Feminine Hygiene Products Market – Latin America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020’, has been prepared by expert analysts with primary and secondary research and is available on the company website for sale.

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The report is a must-have guide for executives and stakeholders in the Latin America feminine hygiene market, since it provides key recommendations to act on in the forecast period to maximize the competitive advantage of an entity.

The rise in the number of working women in Latin American countries is described in the report as the main driver for the Latin America feminine hygiene products market. While Latin America, consisting of Central and South America, has been one of the underdeveloped regions in the world, the 21st century has seen great progress in the economic conditions of major countries such as Brazil, Argentina, Chile, and Peru. Growing urbanization in these countries and consequent modernization of lifestyles has led to a high proportion of the female population being employed and thus requiring a wide variety of feminine hygiene products.

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Urbanization and GDP growth in Latin American countries has also benefitted the Latin America feminine hygiene products market in other ways. Advanced feminine hygiene products now mainstream in developed countries are steadily gaining mass acceptance in Latin America, as a result of which the market exhibits strong growth prospects. Increasing product innovation has also helped develop feminine hygiene products for budget-conscious customers, since the region still remains far from the prosperity of regions such as North America and Europe.

Down and Feather Market: Commercial Sector to Witness High Revenue Growth During 2017 - 2025

The global down and feather market is expected to reach a value of US$ 8,236.0 Mn by 2026. The market is projected to expand at a CAGR of 7.0% in terms of value during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). Down and feather are the by-products obtained from slaughtering of duck and goose for consumption. The growth in consumption of duck and goose has led tothe availability of down and feather across the globe. These by-products are processed to meet the demand from various end users. The primary processing of down and feather may vary based on the application of the end product. Based on origin, the duck segment is anticipated to expand at a CAGR of 7.2% during the forecast period from 2018 to 2026.

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Factors such as growth in consumer preference for natural products, availability of end products at lower price, and rising demand for furnishing products from the residential and commercial sector are driving the growth of the down and feather market. However, increase in poultry diseases such as H5N8 bird flu virus, H5N9 avian flu, duck plague, aflatoxicosis, parasitic diseases, and goose parvovirus, and stringent laws and regulations while obtaining down and feather from poultry birds are major restraints for the down and feather market. Investing in the online distribution channel, reusing of down and feather by recycling to meet consumer demand, and modification of down and feather in primary processing as per requirement of end use application are the opportunities in the market. Nevertheless, it also faces threats from regulatory bodies implementing stringent laws and regulation in terms of quality aspects. Additionally, growth in innovation and technology related to synthetic products as a substitute for down and feather would hamper the business.

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The global down and feather market report offers detailed segmentation based on origin, product type, distribution channel, and region. According to the report, based on origin, the duck segment is anticipated to expand ata CAGR of 7.2% during the forecast period from 2018 to 2026 owing to high consumption of duck across the globe. The most commonly used products by end-users in the global market are bedding, comforters, pillows, and apparel. Comforters was the largest segment of the down and feather market in terms of value in 2017. However, the global down and feather market based on product type is expected to be attractive for pillows and apparel. In terms of value, pillows and apparel is forecasted to expand at a CAGR of 7.2% and 7.1% respectively during the forecast period from 2018 to 2026. The global down and feather market based on distribution channel is expected to be attractive for the online channel with a CAGR of 7.5% in terms of revenue during the forecast period from 2018 to 2026. The offline distribution channel is forecasted to be dominated by specialty stores at a CAGR of 6.9% in terms of revenue.

Load Cell Market: Rise in Modernizing of Communication in IT & Telecom to Drive the Market

With a number of players, the global load cells market is demonstrating a highly fragmented business landscape, thanks to the presence of numerous market players and intense competition between them. In 2015, the top three participants, namely, PreciaMolen, Mettler-Toledo International Inc., and Vishay Precision Group Inc., accounted for only 20% of the overall market and the scenario is likely to remain more or less same in the years to come. Currently, the leading players in this market are relying on innovation and technological advancements for the growth in their businesses. However, over the coming years, they are likely to increasingly involve into partnerships, mergers, and acquisitions to expand their reach across the world, notes the market study.

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According to the research report, the global market for load cells is anticipated to expand at a CAGR of 3.50% between 2016 and 2024, increasing the opportunity in this market from US$1.8 bn in 2015 to US$2.5 bn by the end of the period of the forecast. Hitherto, analog load cells have been reporting a greater demand than digital cells. However, thanks to the increasing digitization across the world, the demand for digital load cells will also witness a significant rise in the years to come. In terms of the geography, Europe has acquired the dominant position in the global market and is expected to remain seated here over the next few years, states the research report.

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“With the increasing usage of load cells in the medical and healthcare sector, thanks to the rising demand for home hemodialysis (HHD) machines, the global market for load cells is observing a tremendous growth,” says an analyst at TMR. In addition to this, the market is expected to gain substantially from the augmenting need for infusion pumps, owing to the surge in the prevalence of chronic diseases among people, expanding base of geriatric population, and the escalating number of surgical procedures, in the near future, reports the research study.

On the other hand, the global load cell market may face significant challenge in the near future from the decreasing demand for analog load cells across a number of industries over the next few years. However, the growing uptake of digital load cells in the heavy lifting industry will rationalize the impact of the hindering factor in the years to come, notes the market report.

Air Care Market: Expected to Witness Significant Revenue Growth Through 2026

SC Johnson & Son, Inc., Reckitt Benckiser Plc., and Procter & Gamble Co. held a collective share of 60% for air care products in 2014. While they do hold the majority of the market value together, the number of regional players offering air care products is still very high. Most of the manufacturers of air care products are beginning to focus on attractive market segments such as candle air fresheners. This is due to a growing concern over environmental issues and the consequent reduction in the use of aerosols and sprays.

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Candle air fresheners provide one of the most eco-friendly air care means, which is making them highly preferred in many regions. According to a new publication by Transparency Market Research, other products such as beads, plug-ins, and oils are also gaining popularity due to advancements in technology that make it feasible to sell these items on a large scale.

“A lot of countries are showing a very positive rate of development,” states a TMR analyst. “The quality of life in Asia Pacific, for instance, is fast improving, and the disposable income that individuals hold is increasing as well. This is turning many consumers towards retail markets such as air care products for their cars and their homes, thus adding a significant weight to the demand for air care products on a global level.”

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Asia Pacific and Latin America are most visibly showing high economic growth rates and preference for a wide array of air care products. This also applies to countries from other regions such as Egypt, where the massive amounts of dust in the air is creating an equally high demand for air care products.

A lot of countries, especially from the economically developing regions, still make use of homemade or locally produced dried herbs, flowers, and plant essences for fragrances and air cleansing. These are direct substitutes of air

HVAC and Refrigeration (HVACR) Systems Market: Analysis of Major Competitors and their Strategies

The global hazardous area sensors market is characterized by the presence of a few large and experienced players such as Honeywell International Inc., ABB Group, and Siemens AG, which presents a huge barrier to new entrants. These established players already have a stronghold on the global market, with stiff competition between them. Transparency Market Research identifies security threats as the major challenge for all existing players and finds that companies have been devising improved products with better security features.

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“Product innovation and development is a key strategy adopted by most leading market players,” the lead author of the study finds. “In order to survive stiff competition in the hazardous area sensors market, companies are involved in research and development activities to create innovative products.”

Honeywell International, for instance, expanded its portfolio of hammer union/wing union pressure sensors in April 2016 with the addition of the IEC Ex/ATEX certified Model 343 to its already existing 435 and 437 models.

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The rising importance of intrinsic safety has positively influenced the growth of the hazardous area sensors market, TMR states. Intrinsic safety is a globally recognized and widely accepted technique of low-energy signaling at a hazardous location, thereby preventing the occurrence of explosions. The acceptance of this concept in present-day manufacturing facilities in oil refineries, textile mills, paint manufacturers, and chemical plants has strongly driven the market and the impact is anticipated to be high toward the end of the forecast period.

“In addition to the growing prominence of intrinsic safety, the implementation of stringent government legislations across the globe has compelled companies to make use of hazardous area sensors,” the author of the study observes. Countries such as the U.S., the U.K., Germany, Canada, France, Austria, Switzerland, and the Netherlands have set up specific standards, certifications, and ratings for sensor safety.

On the flip side, economic slowdown in several countries and the high cost of upgrading legacy systems while installing modern sensors are likely to hamper the growth of the global hazardous sensors market.

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