Smart Lighting Market – Demand for Smart and Energy-efficient Solutions for Street Lighting Systems Drive Growth

The vendor landscape of the global smart lighting market is largely fragmented and the level of competition among companies is high, observe Transparency Market Research in a recent report. With the constant influx of new innovative product varieties and increased focus of companies on expansion of product portfolios and geographical reach, the intensity of competition is expected to remain strong in the next few years as well.

The market is witnessing a rise in the number of products that are compatible with popular smart home systems such as Amazon Alexa, Amazon Alexa, and Google Home. For instance, the new lighting series Trådfri by IKEA is, along with several other smart features such as different color temperatures, motor sensors, and wireless remote controls, compatible with these smart home solutions. Some of the leading companies in the market are Encelium Technologies, Inc., Osram Licht AG, Honeywell International Inc., Royal Phillips N. V, Zumtobel Group AG, Acuity Brands, Inc., Legrand SA, Digital Lumens, Inc., Lutron Electronics, and Streetlight Vision.

According to TMR analysts, the global smart lighting market will witness expansion at an exponential 15.9% CAGR over the period between 2014 and 2020 and rise to a revenue opportunity of US$56.6 bn by the end of 2020.

High Demand for Energy-efficient Systems in Europe to Develop Promising Growth Opportunities

Of the key types of lights used in smart lighting systems, in 2014, compact fluorescent lamps held the dominant share. Over the report’s forecast period, however, the segment of LED lamps is anticipated to register substantial growth. In terms of application, the commercial and industrial segment accounted for the dominant share and is further anticipated to remain dominant between 2014 and 2020. Nevertheless, the residential segment is also considered to bear high growth potential in the next few years.

Obtain Brochure@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2861

In terms of geography, Europe dominated the global smart lighting market in 2014 and is anticipated to maintain its position in the coming years as well. Europe was followed by North America, which held a share of 35% in the global market. The increased adoption of smart lighting systems as an energy efficient lighting solution is fueling the smart lighting market in this region. Asia pacific and Rest of the World are considered emerging markets for smart lighting and are projected to grow substantially throughout the forecast period.

Demand for Smart and Energy-efficient Solutions for Street Lighting Systems Drive Growth

A vast number of factors are working in favor of the global smart lighting market. The rising need for energy-efficient smart lighting systems, rapid development of wireless and sensor technology, and tremendously increasing demand for intelligent lighting solutions for street lighting are some of the key factors that are expected to fuel this market in the forecast period. In addition, adoption of smart lighting systems while developing smart cities could emerge as a huge growth opportunity for market players. However, incompatible wireless solutions and high initial investment are expected to curb the growth of this market.

Read More

Thermoelectric Modules Market – Shifting Preference to Augment Demand for Multi-stage Thermoelectric Modules

The global thermoelectric modules market for demonstrates a high degree of consolidation with only a few players, namely, Marlow Industries, Ferrotec Corp., KELK Ltd., and Laird Technologies Inc., acquiring the lead, finds TMR in a study. To sustain the intensifying competition, key companies are increasingly focusing on innovations as well as advancements of thermoelectric systems existent in their portfolios.

Penetration of international market through mergers, acquisitions, and collaborations is another significant strategy adopted by leading thermoelectric modules manufacturers, looking to expand their global footprints in order to gain competitive advantages. For instance, Laird Technologies recently acquired Nextreme Thermal Solutions, a U.S.-based thin film thermoelectric module producer.

Going forward, the competition between these companies is likely to intensify due to the introduction of a number of advanced as well as cost-efficient thermoelectric systems in the near future. Manufacturers will require shifting their focus on scalability and configurability of thermoelectric modules to cater to a wide range of industrial applications in order to strengthen their positions. Advancements in their in-house production capabilities, leading to a low-cost production of thermoelectric assemblies and other thermoelectric devices, will also benefit these manufacturers in the long run.

Thermoelectric modules offer a number of advantages over conventional cooling systems. The properties such as compact geometric size, lower power consumption, precise temperature control and cycling, reliable solid state operations, integrated design, fully reversible switch in polarity, and rapid response time of these modules have fueled their popularity significantly. Thermoelectric systems are witnessing a widespread application in the semiconductor, automotive, telecommunications, aerospace, defense, medical and healthcare, and consumer electronics sectors, owing to these properties.

Obtain Brochure@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5444

On the flip side, the high cost of these modules, compared to traditional cooling and refrigeration systems, is creating hindrances in their adoption across various industry verticals. Although the continual research to develop highly effective thermoelectric systems at low costs is anticipated to minimalize the impact of this factor in the coming years.

Asia Pacific Remains Leading Consumer, North America to Witness Fastest Growth

“The demand for thermoelectric modules is registering a remarkable rise across the world,” finds TMR. Analysts estimate the global opportunity in thermoelectric modules to increase from US$364.1 mn in 2014 to US$829.5 mn by 2023, expanding at a CAGR of 9.50% between 2015 and 2023.

Asia Pacific emerged as the key consumer of these modules in 2014, contributing US$120.0 mn in the overall revenue generated. Throughout the forecast period, the regional market is projected to remain the key contributor; however, these modules will witness the fastest growth rate in North America.

Bulk modules witness the most prominent demand among all thermoelectric modules in 2014 and is anticipated to remain leading over the forecast period. Other modules, micro and thin films, are also expected to report healthy growth in the coming years. Bulk modules find key application in consumer electronics, micro modules are mostly applied in lasers and LEDs, and detectors and sensors are the prime application areas for thin film modules.

Read More

Energy Efficient Lamps and Ballasts Market – Opportunity Assessment Research Study

According to a new research report published by Transparency Market Research, a U.S.-based research and intelligence firm, the  for Latin America energy efficient lamps and ballasts market is expected to reach US$3,510.1 million by the end of 2018. The report, titled “Energy Efficient Lamps and Ballasts Market – Latin America Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2012 – 2018”, also indicates that the market is expected to grow at a healthy CAGR of 23.0% during the forecast period from 2012 to 2018.

However, a sluggish growth rate is anticipated after a decade owing to the long life span of energy efficient lamps such as compact fluorescent lamps (CFL), and light emitting diode (LED) lamps. Most of the countries in Latin America have proactively participated in the drive to gradually phase out the use of incandescent bulbs and lamps. This has created significant opportunities for the energy efficient lamps and ballast market to capitalize on. The demand for energy efficient lamps is mostly driven by the demand for replacement of obsolete items and new installments in Latin America.

The market for energy efficient lamps and ballasts in Latin America has been analyzed by the report on the basis of different product categories that are currently available in the market. The publication segments the market into CFLs, high intensity discharge (HID) lamps, fluorescent lamps, and LED lamps in terms of product types. According to the findings of the report, among these segments the market for LED lamps and CFLs is projected to register maximum demand during the forecast period from 2012 to 2018. Fluorescent lamps accounted for maximum demand in the market in 2012. This rise in demand was greatly contributed by the low cost of energy efficient lamps. However, trends indicate that significant reduction in the price of CFLs and surge in demand for energy efficient lamps is expected to bolster growth in the market in the forthcoming years. LED lamps are projected to register maximum demand in the energy efficient lamps and ballasts market in Latin America by the end of 2018.

Request Sample Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=46

The different geographic regions analyzed by the report include Brazil, Mexico, South America, Argentina, Central America, and the Caribbean. Among these regions, Mexico, Argentina, and Brazil are the fastest growing markets for energy efficient lighting and ballasts in Latin America. These countries have already reached the advanced stage of transforming its electricity landscape into energy efficient lighting solutions. The expansion of the market for energy efficient lights in the region is primarily driven by the fact that Latin America has been host to FIFA World Cup 2014 and is slated to host the Olympics 2016 as well.

According to the report, major companies dominating the market include Philips Lighting, Acuity Brands, OSRAM, GE electronics, Havells, Cooper Lighting, and many more. The region also imports products from Chinese manufacturers.

Read More

Improvement in Internet Activities to Fuel the Demand for Fiber Optic Connectors Market

The global fiber optic connectors market is prognosticated to grow tremendously in coming years. Attributable to the solid position of existing fiber optic connector producers, the fiber-optic connector market has all the earmarks of being very suitable. The prerequisite of high starting capital venture makes it troublesome for new players to enter the market. It has been watched that the sellers are always expanding their interests in their R&D and are centered on growing their optical fiber creation ability to beat an opportunity to-market weight. The market has a gigantic development potential and this will probably escalate the opposition among the merchants amid the anticipated period. Factors, for example, the expanding web infiltration, developing interest in building server farms, and the expanding venture by media transmission administrators will pull in merchants to focus more on the creating nations. The fiber optics connectors industry will likewise witness various acquisitions and mergers where significant market players secure littler sellers to upgrade their item portfolio and grow their topographical reach.

According to Transparency Market Research (TMR), the worldwide fiber optic connectors market offers huge development openings over the forecast period from 2016 to 2024. The market is assessed to extend at a CAGR of 7.7% over the said period, outlining an ascent of worth US$ 2,932.2 mn in year 015 to worth US$ 5,656.2 mn in 2024. Of the key end-use ventures that utilize fiber optic connectors, the telecom business is by and by the overwhelming supporter of the worldwide market’s income and is required to hold its best position over the gauge time frame too. Alcatel-Lucent SA, Arris Group Inc., TE Connectivity Ltd., Hitachi Ltd., Corning Cable Systems LLC, Broadcom Limited, Diamond SA, 3M, Amphenol Corporation, Hirose Electric Co. Ltd., Furukawa Electric Co. Ltd., ZTE Corporation, Sterlite Optical Technologies Limited, Ratioplast Electronics, and Sumitomo Electric Industries are some of the major players in the fiber optic connectors market.

The growth in number of mobile internet customers and the expansion of associated gadgets have prompted the exponential increment in the worldwide web activity. As per this industry look into report, this will be one of the main considerations that will positively affect the development of this market in the coming years. This developing web activity will incite more system suppliers to redesign their systems and convey optical advancements. Optic fiber links will be more favored by organize suppliers than copper wires since when contrasted with electric signs, light empowers quicker information exchange, offers more noteworthy transfer speed, and has a less possibility of information misfortune. Such advantages will prompt the expanded appropriation of fiber optic links and will, thus, enlarge the interest for optical connectors.

Request a PDF Brochure with Research Report Analysis @ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2222

Fiber Optics to Be a better Option Compared to Copper Cables

The expanding offshore petroleum survey and generation will constrain the business to create and embrace better approaches to upgrade working efficiencies and furthermore to enhance the recuperation of oil stores. Fiber optic links can convey higher information rates over longer separations and will give as the better alternative when contrasted with copper links. The assessed increment in subsea handling will create more information, which will request the appropriation of fiber optic links because of their high transfer speed and longer transmission separations. The unquenchable shopper interest for information associations with higher transmission capacity, for example, 4G and 5G, is a standout amongst the most propelling elements anticipated that would drive the worldwide fiber optic link market in the following couple of years. The ceaseless growth in the number of media telecommunication subscribers over the world, and the resultant need to extend telecom framework is relied upon to support the utilization of fiber optic connectors in creating and additionally created countries.

Read More

Merchandising Units Market – Provision of Facilitated Tailoring of Quantity & Mix of Prefilled Products to Drive Demand

Manufacturers of merchandising units are focusing on the provision of variety solutions to their customers as a top-priority, along with benefits such as high appeal toward consumer interest, reduced prices, and facilitated logistics. Merchandising units manufacturers are also concentrating on retaining aesthetic appeal of their products while keeping efficiency intact. Corrugated cardboard units are being developed in order to offer retailers and brand owners with low-cost flexibility and versatile range of aesthetics.

For example, “Pimp My Display” concept of STI Group enables retailers and brand owners dress up their universal stands in distinctive manners, for communicating local promotions and brand-specific concepts. Key shareholders of the global merchandising units market, as identified by a new Transparency Market Research report, include STI Group, Cheshire Packaging, Tilsner Carton Company, Panda Inspire, Acryl Design Ltd, Print & Display, Expanda Stand, Boxes and Packaging, and Creative Displays Now.

The report evaluates the global market for merchandising units to ride on a stable CAGR during the forecast period, 2017 to 2026. Worldwide sales of merchandising units are poised to surpass US$ 600 Mn in revenues by 2026-end.

Easy-to-use merchandising units have gained immense popularity among retailers worldwide, often delivered to stores that are prefilled with products, thereby enabling stands to be set up in simple steps. Additional features provided such as integrated casters and wheeled pallets have further facilitated placing of merchandising units in these stores, thereby driving their adoption. Demand for merchandising units is further being propelled by their provision of easy tailoring of mix & quantity of prefilled products on these units, staying abreast with requirements of individual retail stores or sales channels.

Over the years, merchandising units have emerged as essential combination of displays and packaging solutions, with design focus directed toward optimization of handling, distribution, and merchandising enormous product quantities in retail stores. Manufacturers generally concentrate on designing modular merchandising units, utilizing corrugated boxes to keep their environmental footprint in check. Optimization of logistic operations is the main objective of these designs, implying extensions of shelf-ready packaging.

Request a PDF Brochure with Research Report Analysis @ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40643

Europe to Remain at Forefront of Global Merchandising Units Market

In terms of revenues, Europe will continue to spearhead the global market for merchandising units, closely trailed by North America and Asia-Pacific excluding Japan (APEJ). However, revenues from merchandising units’ sales in APEJ are set to record a relatively faster increase through 2026. Sales in Middle-East & Africa are also expected to exhibit an impressive expansion, albeit revenues from this region’s market will remain sluggish in the period of forecast.

Hypermarkets and supermarkets will continue to be the most remunerative end-users of merchandising units. Specialists & experienced suppliers of merchandising units are continually developing products that meet demands of high traffic locations such as hypermarkets and supermarkets. Manufacturers are offering merchandising units specially designed for these end-users, which provide highly effective mobile sales solutions for clients seeking creation of simple, cost-effective, highly-visible, and versatile retail ready displays.

Demand for requirement-specific merchandising units has emerged as a popular trend in the retail sector. Manufacturers are providing customized solutions to suit specifications of retailers’ needs. Customized merchandising units are therefore expected to remain dominant in the market, in terms of revenues. Demand for standard merchandising units will continue to be sluggish in the market.

Read More

Wrap Around Sleevers Market – Opportunity Assessment Research Study

Slide and sleeve packaging format is getting wide acceptance in the global market among multiple industries. Other than attractive aesthetics, the packaging is highly convenient for the consumer to open and reclose the packaging. Moreover, as the slide and sleeve packaging provides highly effective sealing that does not require much safety while transportation. These facts have led to the preference for sleeve packaging among consumers as well as primary product manufacturers. To enhance the overall productivity of the production, various packaging machinery are widely incorporated. Wrap around sleevers is highly preferred as they are suitable for almost every application.

Download Brochure@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40592

The global paper & board packaging market was valued at around US$ 261 Bn in the year 2015 that is around one-third of the global packaging market. More than 90% of the paper & board packaging accounts for corrugated packaging.

Moreover, the global packaging machinery is estimated to account for around US$ 46.2 Bn in the year 2016. Cartoning machines segment accounts for around 9.3% of the global packaging machinery market. This segment includes not only cartoning but also case packaging machines and paper & board packaging machines. Majority of the cartoning and case packaging machines are capable of sleeve packaging also. Thus, the global market for sleeve packaging machines is estimated to be valued at more than US$ 3 Bn in 2016.

Servo controlled quick and automatic change over the system is the update introduced in most of the packaging machinery and is has got wide acceptance in the global market of wrap around sleevers. To make the machines more ergonomic such that the possibility of error from the operator side is minimized, high-quality display and touch screen control panels are incorporated in wrap around sleevers. Allen Bradley and Siemens are the multinational companies whose products are widely used by the packaging machinery manufacturers. To reduce the wastage and enhance the productivity, various safety features are added to the wrap around sleevers, such as no carton skip load or no product skip carton control, overload protection, full diagnostic fault and few others. Power carton magazine is incorporated in the high-end wrap around sleevers that pushes the carton on its own when the product is available for packaging. A low-level indicator is provided with the power carton magazine that informs the operator about less number of cartons available and thus ensures continuous operation.

As 90% of the paper & board packaging accounts for corrugated packaging only, thus the demand of corrugated carton sleeve is expected to be more than that of paperboard sleeve. Corrugated packaging is applied for the packaging of large and heavy items, and thus, the wrap around sleever used for corrugated carton sleeve packaging handles a heavier load, consumes more power and costs much more as compared to wrap around sleevers for paperboard packaging. Therefore, this segmentation is preferred for pricing analysis of the wrap around sleevers market.

Read More

Chub Films Market – Applications, Regional Analysis, Key Players And Forecasts By 2027

Chub packaging is cylindrical shaped semi-rigid tubes which is clipped or twist tied through clips or metal fasteners respectively at either ends. Chub packaging is used to pack soft food products including pet food, taco meat, salami, chorizo, sausage, ground turkey, ground beef among others. Unprinted, white or printed multi-layer films which are usually developed through co-extrusion are used to pack food products in chub packaging format. Printed chub films are commonly used to pack case-ready products. In comparison to tray-based packaging for food products, chub packaging is lighter in weight, reduces the amount of packaging material and reduces transportation cost. Thus, chub packaging is more sustainable than tray-packaging.

Chub packaging also extends the shelf life of packaged products and have high barrier properties, puncture resistant, sealability among others. Chub films have high oxygen and moisture barrier properties. The multi-layer film that is used for chub packaging of products includes an oxygen barrier layer, nylon layer, polyethylene layer, abuse layer, heat sealable layer among others.

The main factors driving the chub films packaging market is increase in number of packaging units per unit time, thus increasing line speed and reducing leaker rates.

From January 2017, U.S. based global food producer Cargill in collaboration with global packaging supplier Bemis developed a chub film packaging brand EZ Peel for packaging ground beefs in the U.S. Cargill did a market survey 2015 Cargill Innovation Study that showed that ~57% consumers of ground beef in the U.S. wanted a packaging that allowed them to open the chub packaging without touching raw meat. Cargill is providing Our Certfied brand of ground beef with EZ Peel feature across retail stores in the U.S. Cargill’s Our Certified brand of ground beef have a shelf life of ~21 days.

In July 2008, Flexopack patented a film for chub packaging. The film was invented by George Roussou. Chub packages are produced by using a vertical form fill seal (VFFS) process. In VFFS process a tube is formed from a flat roll of a film. The vertical tube formed is sealed at one end using metal fasteners or clips. The soft food product such as ground beef is pumped in by a pumping equipment at the open end of the tube and then the top is sealed through metal fasteners or clips.

The global chub films market has been bifurcated into seven key regions such as North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa, Latin America and Japan.

Request a PDF Brochure with Research Report Analysis @ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40598

Global Chub Films Market: Key players

Some of the key players operating in the global chub films market across the globe can be segmented into three tiers based on their revenue as follows

• Tier 1
  • Bemis Company, Inc.
  • Berry Global Inc.
  • Flexopack S.A.

• Tier 2
  • Plastopil BV
  • HOVUS Incorporated
  • Inteplast Group

• Tier 3
  • Alcan Packaging Food Americas
  • Kendall Packaging Corporation

Read More