Glass Droppers Market New Growth Opportunities By 2026

Glass droppers are a short size glass tube with a rubber or plastic cap at one end and small hole at another end, for taking measured liquid from containers. Glass droppers are used for medicinal, cosmetics, personal care, home care, and chemical products. Glass dropper has the dispenser for liquid with measuring parameters. Glass dropper contains a rubber bulb which is used as a vacuum source for filling the liquid. In the market, glass droppers are available along with the bottles or vials to the end consumer due to its standard cap size as per the neck of containers.

Plastic droppers made up from PP, PE & others are accepted as the alternative for glass droppers in the market. The glass droppers used in the research centers or scientific laboratories are also called a pipette. The stringent regulations for the packaging of cosmetics, pharmaceuticals, and the food is expected to affect the design and cost of glass droppers.

Global Glass Droppers Market: Dynamics

The glass droppers are highly prevalent in the pharmaceuticals and cosmetics industry as compared to the other end-user sector due to the expensive products and need of small quantity dosage. Due to the use in luxury cosmetics packaging, the development of highly designed glass droppers is on the peak among the manufacturers of glass droppers. Recently, the cosmetic dropper manufacturer, Virospack SL develops a new dispenser dropper with a curved design. Along with this, the company also awarded as Best Launch of 2018 Award by CosmoProf Asia in Hong Kong for its Magnetic Dropper Design.

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The pharmaceutical industry highly prefers the child-resistant closures glass droppers due to the stringent regulations applied by the Food & Drug Authorities. In addition to medicine and cosmetics, glass droppers are used for expensive liquids. Due to the cost-effectiveness and high durability, the plastic droppers are restraining the market of glass droppers. Glass droppers are accepted to be the secured for packaging medicine as it does not permit chemical conduction into the content. GCC Packaging Company introduces two new glass droppers, bulb and push bottom dropper, for regular use in beauty products. The beauty dropper provides the desired barrier to oxygen, moisture, and chemical substances.

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Product Lifecycle Management (PLM) Market to Expand with a CAGR of 8.1%

Transparency Market Research (TMR) found the global product lifecycle management (PLM) market has presence of numerous local and international players, which is leading to make vendor landscape more fragmented and competitive. Some of the prominent players operating in the global product lifecycle management (PLM) market are Hewlett-Packard Company, IBM Corporation, Accenture PLC, Dassault Systems, and Autodesk, Inc. Also, the market is experiencing the entry of new players which is further intensifying the competition among key players. In order to stand alone in the cutthroat competition, the key players are trying to improve their products and add the advanced features in the systems.

According to a report by TMR, the global product lifecycle management market was valued at US$40.26 bn in 2014 and expected to attain a value of US$75.87 bn by the end of 2022. The market is expected to swell with a CAGR of 8.1% during the predicted years from 2015 to 2022. Based on deployment, the global product lifecycle management (PLM) market is dominated by the on-premise segment in 2014. Based on application, the aerospace and defense segment dominated the product lifecycle management (PLM) market in the year 2014. Based on region, North America accounted for near about share of 33% in 2014 owing to growing investment in research and development for product innovation coupled with the presence of numerous players in the region.

Growing Adoption for Improving Production Efficiency to Propel Growth 

PLM systems reduces the operational cost and enhance productivity by adopting the numerous methodologies and lowers firing in any organization. These advantages of the product are boosting adoption of the PLM across numerous industries which are further boosting the growth of the product lifecycle management (PLM) market.

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The PLM system is experiencing robust demand from aerospace and defense and banking systems among other important applications. The emergence of the defense sector due to unstable political environment among numerous countries is boosting adoption of advanced techniques to ensure the safety of the nation is fuelling adoption of PLM and boosting the growth of the market. Additionally, PLM offers the information in a very systematic manner which is production and product design is boosting adoption of the PLM and likely to propel the growth of the market.

Additionally, growing need for innovative features in the PLM which is propelling adoption of the PLM and likely to drive growth of the product lifecycle management (PLM) market. In addition, numerous key players are increasingly offering newer features along with customization of systems to some extent which is further encouraging adoption of the PLM and likely to propel growth of the product lifecycle management (PLM) market.

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Next Generation Memory Technologies Market to Log Unprecedented CAGR of 46.1% to 2019

Next generation memory technologies include emerging memory solutions that have been introduced in the market in the recent past or are expected to be launched during the period 2013 to 2019. These memories compete with older memories such as flash, DRAM and SRAM on the basis of speed, scalability and cost. The total global market for next generation memory technologies stood at USD 207.8 million in 2012 and is estimated to grow at a CAGR of 46.1% during the period 2013 to 2019. Emerging memory solutions are experiencing growth in demand due to their potential for better speed and higher scalability.

The market has witnessed significant uptake for non-volatile emerging memory solutions as compared to volatile memory solutions. This is due to an inherent benefit offered by non-volatile memories: retention of data without the need of power. Among all non-volatile emerging memory solutions, FeRAM (ferroelectric RAM), MRAM (magneto-resistive RAM) and PCM (phase change memory) had significant market shares in 2012. Other emerging memory technologies include ReRAM (resistive RAM) and CBRAM (conductive bridging RAM). With increase in adoption of MRAM and PCM memory, cache memory and enterprise storage is anticipated to be the largest market segment by application for next generation memory technologies. Use of emerging memories is expected to improve the input/output (I/O) performance of the enterprise storage systems.

Major interface technologies being deployed across the memory market include double data rate (DDR) interface, SATA (Serial ATA), SAS (serial attached small computer system interface), PCIe (peripheral component interconnect express) and I2C (inter integrated circuit). DDR interface includes DDR 1/2/3/4 and LPDDR. DDR interfaces find application in storage, especially SSDs (solid-state drives). DDR was the dominant interface technology being deployed with next generation memory technologies and held 47.6% share in 2012. North America was the largest market in 2012, followed by Europe. Rise in demand for memory technologies offering lower cost per bit and demand for faster mobile memory chips are important trends in the North American region. Europe experienced growth in next generation memory technologies due to increasing volatility in the market and decline in average selling prices for existing memories. This has led to a rise in interest in more sustainable memory options. Growth in the Asia Pacific region is led by demand from Japan, China and South Korea.

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Fujitsu Ltd. was the market leader in 2012 due to higher sales of its FeRAM technology, which is a relatively mature product. Fujitsu was followed by Everspin Technologies, Inc. and Micron Technology, Inc. In 2012, Everspin was a major manufacturer of MRAM, while Micron Technology led the market for PCM. Other important players include SK Hynix Inc., Avalanche Technology Inc., Cypress Semiconductor Corporation, Adesto Technologies Corporation Inc., Samsung Electronics Co., Ltd., Crossbar Inc., Winbond Electronics Corporation.

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Telecom API Market Dominated by North America, Spurred by APAC Demand

The highly fragmented market of telecom API holds a staggering number of service providers and aggregators that are already offering their APIs to various telecom carriers. Alcatel Lucent, Apigee Corp., and Fortumo OU were the leading providers of telecom API from a global perspective in 2014. Telecom carriers have partnered with them and other prominent players in the past to launch APIs in the market.

According to Transparency Market Research’s latest publication, few players are currently dominating the scene in payment and location APIs owing to the high amount of credibility required for them to succeed here. On the other hand, a large number of players exist in voice, MMS, SMS, and WebRTC APIs.

The global market for telecom API is expected to progress at an extremely positive CAGR of 23.6% within a forecast period from 2015 to 2022. By the end of 2016, its revenue is expected to reach US$97.06 bn and US$323.44 bn by the end of 2022.

North America to Dominate Telecom API Demand

North America, with its large number of both enterprise developers and long-tail developers, is expected to retain its leadership in the demand for telecom API services. By the end of 2022, North America is expected to generate US$113.53 bn in telecom API. North America also houses a very large base of unique subscribers of mobile internet along with a high penetration of 4G LTE networks, thus promoting a greater degree of utility for telecom API services.

On the other hand, Asia Pacific is showing a massive growth rate in the demand for telecom API, owing to a booming IT industry and its demand for applications development and management. This region is also showing a strong growth in the number of unique subscribers over the coming years, coupled with the promising development and improvement of mobile connectivity.

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In terms of users, enterprise developers are expected to be the leading segment till 2022, reaching a projected value of US$116.08 bn by then. Meanwhile, long-tail developers, thanks to the extremely high demand for open source API platforms, are leading in terms of growth rate at a CAGR of 25.9% from 2015 to 2022.

Cloud Technologies and Mobile Internet Service Improve, Increase Scope of Telecom API Usage

“Cloud computing technologies have been improving at an astronomical rate over the past few years and are not showing any signs of slowing down any time soon. Combining the vast array of cloud platforms with the growing use of mobile internet can therefore create the perfect reason for telecom API services to prosper in the coming years,” states a TMR analyst.

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Context Rich Systems Market – North America and Europe to Remain Leading 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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Automated Fare Collection Market – Growing Demand for Smart Transport Systems to Create High-Value Opportunities

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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Foam Protective Packaging Market Is Set For A Rapid Growth By 2026

Protective packaging has gained importance for its role in eliminating the incidences of physical damages to packaged goods during shipping process. Foam materials are being widely used for offering high-level protection to the packaged goods. Foam protective packaging solutions are being developed to meet the diverse packaging needs for a range of products. Companies providing foam protective packaging solutions are focused upon fabricating their products according to the container dimensions and package sizes. Moreover, several players in the global foam protective packaging market are offering prototypes and incorporating advanced design engineering technologies to facilitate utmost levels of corner protection, shock absorption, and edge protection.

Plastifoam Company, Sonoco Products Company, Sealed Air Corporation, Pregis Corporation, Volk Packaging Corporation, DRB Packaging, Rogers Foam Corporation, Wisconsin Foam Products, Armstrong Brands, Inc., and Tucson Container Corporation are observed as global leaders in offering foam protective packaging to multiple industries. Transparency Market Research’s recently published forecast study observes that these companies will play a key role in instrumenting the growth of the global foam protective packaging market. However, the report estimates that during the forecast period, 2017-2026, the global foam protective packaging market will expand at a sluggish CAGR of 3.2%, bringing in just over US$ 5.3 Bn in global revenues by the end of 2026. The report has addressed the key factors restraining the growth of the global foam protective packaging market.

Key Restraints for Adoption of Foam Protective Packaging

While the players in the global foam protective packaging market will be compelled to divest their capital in offering prototype sampling, part production and custom fabrication, there are several key restraints beyond their control that may curb their business growth to considerable extent.

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• The use of foam materials in packaging is gradually witnessing a growing ban across several parts of the world. Ban of foam materials will ultimately cause complexities in raw material procurement for foam protective packaging companies.
• Environmental protection agencies are coercing market players to consider recycling and reusing of foam protective packaging products. This has spiked the operating costs of companies and lowered the profit margins.
• Catering to the diverse specifications of product packaging is a resolvable challenge, yet, entails a considerable expenditure on recalibration of production machineries and replacement of traditional protective packaging methods.

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