Automotive Air Filter Market to be worth US$ 2 Bn by 2026

The global market for automotive air filter consists of a large number of market players which explains the high degree of fragmentation within the market. A peculiar trait of the competitive landscape is the large market share held by the small market players. This is because the demand for air filters at local service stations is higher than the demand experienced by certified workshops or service centers. The small market players have attained a strong position in the market by maintaining a regular inflow of supplies to cater to the year-round demand. Furthermore, the sheer abundance of local service stations has given an impetus to the growth of the local players in recent times. There are minimal barriers to the entry of new market players which is expected to further fragment the global market.

The large market players are expected to acquire the regional players in order to expand their geographical reach and reap the benefits of greater market penetration. Besides this, the medium-sized players are expected to form strategic alliances in order to avert the strong competition from the huge market vendors. Mergers and acquisitions are expected to be a key strategy of the players operating in the global market for automotive air filter. Sogefi SpA, MANN+HUMMEL GmbH, MAHLE GmbH, A.L. Filter, Donaldson Company, Inc., and Robert Bosch GmbH are some of the key players identified in the global market for automotive air filter.

The global market for automotive air filter is estimated to expand at a steady CAGR of 3.5% over the period between 2018 and 2026, finds Transparency Market Research (TMR). Based on geography, the demand for automotive air filters is expected to escalate at a swift pace across Latin America.

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Growth of Automotive Industry to Propel Demand 

The automotive industry has been expanding at an astral rate over the past decade which has boosted demand within the global market for automotive air filters. Furthermore, the collective impact of increasing vehicle fleet size and rising purchasing power of the masses has fortified the global market for automotive air filters. Moreover, environmental concerns have also necessitated the installation of better-performing air filters in automobiles.

This factor, coupled with the regulations stipulated by the government, has accelerated the growth of the global market for automated air filters. Besides this, air filters ensure that the engine of automobiles is immune to external debris or dirt and the air-fuel mixture is maintained. Improper functioning or absence of air filters can affect the ignition system of vehicles which could in turn harm the engine. Owing to the aforementioned factors, the demand within the global automotive air filters market is expected to trace an upward graph over the coming years.

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Automotive and Construction Sectors Exhibit Highest Demand for Smart Glass and Window Market

Slightly over half the market share in the global smart glass and window market is held by just three top players, finds a research study prepared by Transparency Market Research. The report adds that the leading company operating in the market named Research Frontiers Inc. accounted for a share of 19.2% in 2014. Some of the other noteworthy companies competing in the market profiled by in the report are Saint Gobain S.A., View Inc., Asahi Glass Co., Ltd., Pleotint Llc, Hitachi Chemicals Co., Ltd., and PPG Industries Inc.

It also uncovers that the global market for smart glass and window is highly competitive due to keen players trying to figure out increasing application areas. They are seen focusing hard on research and development to come up with improved technologies, keeping in mind the various specific needs of a vast pool of consumers. They are also banking upon mergers and acquisitions to take on the competition in the market.

The TMR research study states that the market for smart glass and window will rise at an impressive 14.7% CAGR from 2015 to 2021 to clock a value of US$6.07 bn by 2021-end from US$2.2 bn in 2014.

Smart glass and window find application in construction, marine, automotive, and aircraft. Among them, the flourishing automotive segment led the market with a share of 46.6% in 2014.

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Geographically, Asia Pacific, North America, Europe, and the Rest of the World are some of the main segments of the global market for smart glass and window that have been studied in the report. As per it, North America leads the market with maximum share – in 2014 it came to around 31.8%. The market in the region has been majorly boosted by government regulations pertaining to energy conservation and reduction in carbon footprints, and the resultant demand for energy-efficient products. Constant technological progress which are being incorporated every now and then to the products is also positively influencing the market. The U.S. is at the forefront of driving demand in the region.

Energy Efficiency of Smart Glass Drives their Demand 

The primary USP of smart glass and windows is their energy efficiency. This has led to their increasing uptake. Explains the lead study author, “Energy loss in traditional windows can result in almost about half the total energy consumption in residential buildings and offices. However, low emissivity glass and multi-layer glazing are effective solutions for such energy wastage. Such benefits are driving up demand for smart glass and windows,” says a lead TMR analyst.

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Car Rental Services Show Highest Demand for Automated Fare Collection Market

Close to only 11% of the global automated fare collection market was taken up by regional players in 2014, indicating a highly consolidated market. The top three players – NXP Semiconductors, Atos, and Omron Corporation – collectively held a share of 56% in revenue in 2014. As stated by Transparency Market Research in a new report, all top automated fare collection services and technologies providers are constantly on the cutting edge of automated fare collection technologies through continuous innovation and system development. These innovations allow the vendors to tackle the rapid increase in demand while providing safe and secure transaction methods.

Other key strategies adopted by the automated fare collection vendors include a significant scale of acquisitions and mergers to maintain and grow market value. At the same time, the players also invest heavily in improvement techniques of their own products. This includes investing in advanced bug tracking, real-time data solutions, and integrated operations.

Transport Networks Improve, Add Greater Scope for Automated Fare Collection

“All parts of the world, whether developing or developed, hold transport at a high priority when it comes to development and expansion,” states a TMR analyst. “The latest development trend in transport is the implementation of smart transport systems, which can sync perfectly with the new automated fare collection systems available in the market.”

The use of automated fare collection in smart transport is expected to improve the overall flow of traffic and help government and other agencies cut down on operation costs.

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Additionally, the implementation of automated fare collection systems directly in the existing transport systems can also help substantially in reducing road congestion, which is a key cause of high fuel consumption and carbon emissions.

Organization and Integration Challenges Hinder Automated Fare Collection Vendor Growth

The implementation of automated fare collection systems involves the installation of multiple hardware and software in a transportation system. It brings out a key challenge faced by all players: the complex nature of an automated fare collection system and its integration. The various components in an automated fare collection system may make it exceedingly difficult to integrate them with a current organization, especially when it comes to switching between automatic and manual fare collection.

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Eco-friendly Straws Market Set For Robust Growth By 2028

Non-toxic and are bio-degradable alternatives of chemical-laden plastic is enhancing the eco-friendly straws market value. Manufacturers are looking for products that provide consumer convenience along with sustainability. These days, eco-friendly straws are recyclable as well as stylish trend, as interiors of bars, restaurants, and home includes glass straws for the touch of elegance to dining tables. The variety of options available when materials are taken into consideration, growing demand for eco-friendly straws market.

The eco-friendly straws are either made up of bio-based materials such as paper, or reusable materials which includes food-grade silicone, metal or glass. Increasing food & beverage consumption, people often prefer environment friendly products instead of plastic, expanding eco-friendly straws market. Changing manufacturer’s considerations due to stringent regulations and environmental impact of plastic straws is boosting eco-friendly straws market. The eco-friendly straws are manufactured in different designs which includes strip, polka dot, star-shaped, and other printed papers.

The eco-friendly straws are providing manufacturers cost-effective solution. Manufacturers are also offering different diameter options in eco-friendly straws as per brand owners, and retailers demand. The eco-friendly straws market is anticipated to witness high growth prospects during the forecast period, due to increasing consumer awareness. The modifications and improvements in government legislation are changing usage capabilities of the manufacturer as well as the consumer.

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Eco-friendly straws such as bamboo straw, compostable straws, metal & glass straws are replacing plastic straws, as latter one create a large amount of plastic waste. The global eco-friendly straws market is estimated to experience growth during the forecast period as per the number stringent regulations on plastic use. Nearly 500 million plastic straws are discarded daily in the U.S., but over the past few months, restaurants & hotel groups are preferring eco-friendly straws. The global usage of eco-friendly products is ultimately impacting trends & styles in the food and beverage industry.

Reduction in usage of straws, which is a non-essential part, may hamper the growth of the global ecofriendly straws market. The eco-friendly straws market is estimated to have growth in Europe as food corporations such as McDonald’s are trying to eliminate plastic-based products. The countries are shifting towards using straws made of sustainable products such as bamboo, paper, or glass, growing demand for eco-friendly straws. The eco-friendly straws market is estimated to have significant growth during the forecast period. Use of plastic straws has been prohibited in some regions of the United States, which is eventually expanding the eco-friendly straws market.

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Electrically Conductive Tapes Market 2019 To See Worldwide Massive Growth

Electrically conductive tapes provide thermal or electrical conductivity and are available in single sided and double sided version. Shielding of electronic devices from electromagnetic wave interference in high dynamic flex situation is comparatively difficult task than installing electronic devices. Electrically conductive tapes also offer high-performance bonding in non-messy format. Laptop & Television cables, electronic circuits, metal enclosures medical rooms and similar other devices requires shielding and grounding. The electrically conductive tapes offer the significant amount of prevention to the materials from electromagnetic interferences.

Electrically conductive tapes provide heat transfer path between heat generating components and heat sinks or other devices. These tapes can be used for insulation in fans, heat spreaders, heat pipes, and electric circuits. A large number of application areas and increment in technology innovations and digitalization are boosting the global electrically conductive tapes market. Electrically conductive tapes are available with different adhesives and variety of materials used for another side. The demand for increasing consumer awareness towards safety is enhancing the market value of electrically conductive tapes in household applications.

Electrically conductive tapes provide a perfect solution for small fixing problems in electronics & circuits. Electrically conductive tapes are also available for void filling, cushioning, and shock absorbing. The key manufacturers are preferring electrically conductive tapes to provide an appropriate fixing solution to end consumers. The global electrically conductive tapes market is estimated to expand due to the growth of electronics & pharmaceutical industry.

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Electrically conductive tapes are reliable alternative to other conventional solutions and also eradicate the need for additional grounding devices. The demand for shielding in electrical appliances is increasing the growth of global electrically conductive tapes market. Electrically conductive tapes are used for the purpose of safety and security as per the requirements during fixation of heat transfer problems. The ability of electrically conductive tapes to withstand high temperature and superior tear resistance is dependable property which can be determined according to the material used.

The electrically conductive tapes offer abrasion and corrosion resistance, which enhances the capabilities of a target product or device. The electrically conductive tapes can be replaced by new advancements in the manufacturing of devices or materials used in cable or wire making. Although the traditional usage of electrically conductive tapes is estimated to be consistent and new modifications to boost the global market. There are opportunities for electrically conductive tapes market key players to enhance their capabilities by varying the number of materials used, type of adhesive applied and also by providing tapes as per specific application.

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Printing and Converting Inline Machines Market Is Set For A Rapid Growth By 2028

Converting of films & sheets into individual packaging items which is then followed by printing. The different types of packaging solutions can be manufactured with the help of printing and converting inline machines. The printing and converting inline machines increase the production capabilities of the company. The branding of individual product requires qualitative content to be printed on packaging item which further boosts the printing and converting inline machines market growth. The printing and converting inline machines are used when time constraints are taken into consideration.

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The printing and converting inline machines include supporting equipment such as die cutters, metal foil stamps, unwind and rewinding machinery. A large number of labels, having different sizes, shapes, and substrates can be dealt more accurately as printing and converting inline machines is support by the number of equipment. The printing and converting inline machines are used for the pharmaceutical industry to provide appropriate packaging solution along with the details of products to be printed on it.

Printing and Converting Inline Machines Market: Dynamics

Printing and converting inline machines market is estimated to have significant growth in the upcoming years as per the improved performance in terms of production and use of variety of inks. The printing and converting inline machines are used by the packaging industries, as it allows manufacturers to choose required machines, automatic or semi-automatic.

Printing and converting inline machines market is estimated to have growth during the forecast period due to their high performance and high production capabilities. The printing and converting inline machines are equipped with different types of supporting machines which individually helps in producing a packaging solution. New printing and converting inline machines are capable of plate and anilox position adjustments to achieve an optimized impression. After printing on to the packaged products, the new printing and converting inline machines, compares them with the master layout pdf of overall print image. These additional features are boosting the global printing and converting inline machines market.

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Rotary Die Cutters Market New Growth Opportunities By 2028

The rotary die cutters are used for digital printing and packaging of the products such as custom-shaped brochures, mailers, tags, labels, folding boxes, and tapes among other packaging solutions. Rotary die cutters are used with rotary dies and perform multiple cuts, slits, perforates, and window pouches. The requirement for effective packaging solutions in the retail sectors is boosting the global rotary die cutters market. These machines are manufactured with an exit tray and even consumers can add an extra unit to automatically remove the waste of a particular sheet. The rotary die cutters provide fast die changeovers and can efficiently have 6,000 cycles per hour, increasing the global reach of the machines.

The rotary die cutters use a customized & machined part to cut through the substrate, which has high durability. The rotary die cutters market is expected to experience the significant increase in its demand, as it can cut various types of materials which includes paper, film, magnets, tapes, pouch stock foil, foam, and gaskets. The rotary die cutters operate at high speeds which is convenient for handling production at big manufacturing sites. The rotary die cutters can be configured for different rotary die sizes which helps in expanding the global market for rotary die cutters. The essential three components of the rotary die cutters can affect the efficiency of the machine system which is cutting tool, material to be cut, and cutting unit.

Rotary Die Cutters Market: Dynamics

The use of laser die cutters can hamper the growth of rotary die cutters. The laser die cutting provides precision and flexibility are better than conventional rotary die cutters in some cases. The laser die cutting systems can perform tough cuts, matches up with the variety of materials and requires less storage space. The rotary die cutters are faster as compared to laser die cutters, as latter one has to adjust speed and depth according to each cut.

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The global rotary die cutter market is anticipated to grow during the forecast period, the reason being its affordable costs and durable nature. Various types of materials can be used for cutting which includes polyethylene, polyimide, PVC, polypropylene, BOPP. The wide range of flexibility in material choice is enhancing the production capabilities of the rotary die cutters. The rotary die cutters machine is also available in repeat lengths which determines the number of sheets to be cut repeatedly. The variable repeat rotary die cutters are capable of producing variety of folding cartons, which is ultimately increasing the growth rate of the rotary die cutters.

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