Energy Efficient Lighting Technology Market: Ability to Save Electricity Buoys Demand

Astute players in the global market for energy efficient lighting technology are focusing on developing sophisticated yet affordable environment-friendly, reliable lighting products to cater to the different requirements of customers. In fact, it has been noticed that already some companies are offering energy efficient lighting and control solutions with a variety of styles and functionalities that provide flexibility to design and business. In order to bolster their positions further, companies are also seen taking the inorganic route of mergers and acquisitions.

Some of prominent names operating in the global energy efficient lighting technology market are Apple Inc., Bajaj Electricals Ltd, Bridgelux Inc., Cooper Lighting, Cree Inc., Digital Lumens, Inc., Eaton Corporation, GE Lighting, LIGMAN Lighting Co., Ltd, Nichia Corporation, and OSRAM GmbH.

A report by Transparency Market Research forecasts the global energy efficient lighting technology market to attain a value of US$300 bn by 2025 by rising at CAGR of 7.9% during the forecast period from 2017 to 2025.

Depending upon the type of products, the key segments of the global energy efficient lighting technology market are incandescent lamp, light emitting diode (LED), arc lamp, and gas discharge lamps. Among them, the LEDs are predicted to rise at maximum pace on account of their soaring popularity resulting from their different customized shapes for both commercial and residential purpose.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=33443

Geographically, some of the main regions in the global energy efficient lighting technology market are Asia Pacific, Europe, South America, North America, and the Middle East and Africa. Of them, Asia Pacific is a key region in terms of contribution to overall revenue. This is because of the presence of a large number of manufacturers and the easy availability of raw materials in the region, which makes it possible to reduce costs and manufacture affordable products. The market in Asia Pacific is expected to retain its dominant position in the near future by pulling a revenue of US$82.86 bn by 2025.

Energy efficient lighting technology is a clutch of energy efficient equipment, effective controls, and design structure used for lighting purpose. Not only do they serve to bring down energy consumption, but also illuminate effectively. With electricity production being limited and pollution levels rising by the day, such advantages are majorly fuelling demand in the global energy efficient lighting technology market.

Read More

Dunnage Air Bags Market: Kraft Paper to Lead Global Market as it’s the Best Eco-friendly Option

The competitive landscape in the global dunnage air bags is highly fragmented, notes Transparency Market Research. Some of the leading companies in the market are Cordstrap B.V, Bates Cargo-Pak ApS, Bulk-Pack, Inc., Stopak India Pvt. Ltd., and Green Label Packaging. Most of the players in the global dunnage air bags market are expected to widen their product portfolio and invest in mergers and acquisition to widen their geographic reach.

According to Transparency Market Research, the global dunnage air bags market was worth US$404.3 mn in 2016 and is expected to reach US$614.6 mn by the end of 2025. During the forecast period of 2017 and 2025, the global dunnage air bags market is expected to surge at a CAGR of 4.8%. Out of the various materials used for making dunnage bags, the kraft paper segment is projected to dominate the global market. This segment is anticipated to exhibit a CAGR of 5.4% during the forecast period. Regionally-speaking, Asia Pacific has been identified as a segment regional market. As of 2017 Asia Pacific held a share of 27.9% in the global dunnage air bags market. This trend is projected to continue in the coming years as well.

Increasing Import and Export Activities to Spike Demand

Dunnage air bags have come a long way since their introduction in the early 1970s. They have made a tremendous contribution to the overall transportation industry, thereby boosting trade opportunities. Over the years, production of dunnage bags has witness a significant change. The consistent efforts to bring in an eco-friendly characteristic to the make of dunnage air bags has won the attention of many end users. Growing uptake of kraft paper, which is a perfectly reusable and a recyclable material is projected to augment the growth of the global market during the forecast period. The high load bearing capacity of kraft paper has also been a value addition to the use of this material in the production of dunnage air bags.

Today, dunnage bags are extensively being used for the transportation of commodities, electrical & electronics, consumer goods, foods and beverages, and many other products. Thus, the increasing production of goods, which is highly seen in the developing parts of the world, has significantly pushed the market to achieve new heights. Along similar lines, by the end of 2025, Asia Pacific is expected to hold a lion’s share in the global dunnage air bags market. Increasing import and export of fragile cargo, uneven loading processes, stressful situations in transportation, and damaging weather conditions have also prompted end users to opt for dunnage air bags to safeguard their goods from potential damage.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38489

The increasing awareness amongst users to insure their goods at the time of purchase has also upped the demand for dunnage air bags in recent years. Booming e-commerce and flourishing cargo and logistics industry are also noted as key growth drivers for the global market.

Unsteady World Economy Acts as Restraints

The ups and downs in the world economy has significantly impacted the revenue earning means of the global dunnage air bags market. The recent recession in the world economy severely affected the transportation and logistics industry, which in turn negative impacted the global market. The ongoing Brexit is also anticipated to hamper the market has it has surely raised concerns pertaining to trade routes. Thus, political instability and economic upheavals are projected to act as major restraints for global market.

Read More

Bagging Machines Market Is Set For A Rapid Growth By 2025

The study carried out by Transparency Market Research shows that the market of the global bagging machines is fragmented and is also considered competent. Every player in this market has a small market share. For increasing the income, it is predicted that the market players are focusing on developing better products and also trying to widen their area of activity. The market players are trying to make new products for expanding their range of products and this is considered to be a very sensible move for this market.

In this analysis it is predicted that the global bagging machines market is predicted to be valued at US$12.4 bn towards the end of 2017 and it is predicted that this value will reach up to US$18.4 bn towards the end of 2025. This market is predicted to grow at a CAGR of 5% towards the assessment period of 2017 to 2025. Towards the end of 2025, it is expected that the automatic bagging machines will lead the global market by registering a 78.8% share. Asia Pacific has a fast growing food and beverage industry and this is why this region is predicted to have a good run for this market in the next few years.

Thriving Food and Beverage Industry to Spur Demand for Bagging Machines

Since in the food and beverages industry there is a high requirement for packaging as well as bagging, the growth of the food and beverage industry will ultimately boost the global bagging machines market in the near future. One primary factor causing the growth of the global bagging machines market is the demand for a great variety of packaged food and beverages and this market is predicted to grow even further because of the demand for global brands of foods and beverages that is predicted to grow in the near future.

On account of the steps undertaken by the government there is an increase in investment in the food and beverages sector in the countries such as China and India, and because of this it is predicted that there will be increase in demand for the bagging market from the Asia Pacific  region. Plus, the introduction, manufacturing, and the implementation of new technologies are all predicted to drive the bagging machines market.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34991

Importance of Good Quality Packaging in Healthcare Domain Driving Market’s Growth

There are big opportunities for the bagging machines market in the developing regions that are currently undergoing big infrastructural changes as it creates heavy demand for construction materials, and the bagging machines are extremely important for sealing the bags which are used to carry cement, stones, sand, as well as gravel, overall this is expected to have a positive impact on the construction industry. Also, the increase in realisation among the people about the importance of carefully packaging healthcare devices has further led to the growth of the bagging market. The bagging market is also seeing an upward trend in the agricultural sector as the usage of insecticides, fertilizers, fungicides are growing while simultaneously increasing the usage of bagging materials since these items need to be packaged with care.

Read More

Aseptic Paper Packaging Market: Unbleached Aseptic Paper to Acquire 60% of Global Market by Value by 2025

The global aseptic paper packaging market features a fairly fragmented landscape owing to the marked presence of several players vying with other for higher share of the market, notes Transparency Market Research (TMR). The market is intensely competitive due to relaxed entry barriers for new entrants. Over the years, the low entry barrier will raise the level of threat for incumbent firms’ profits and revenue, thereby making the market more competitive, observes TMR.

TMR also notes that a growing number of companies are likely to focus on industrial end-users and enter into long-term contracts with them for supplying materials for aseptic paper packing. Over the years, prominent players are expected to develop aseptic packaging with higher storage capacity. Some of the top players operating in the aseptic paper packaging market include Mondi Ltd., Polyoak Packaging Group (Pty) Ltd., SIG Combibloc Obeikan (South Africa) (Pty) Ltd., Refresco Gerber N.V., Nampak Ltd., Nippon Paper Industries Co., Ltd., and Tetra Pak International S.A.

The global aseptic paper packaging market stood at US$8,894.8 million in 2017. Expanding at 5.5% CAGR during the forecast period of 2017–2025, the market is prognosticated to reach a worth of US$13,611.0 million by the end of this period.

The key paper types used in aseptic packaging encompasses coated unbleached and bleached paperboard. Of the two, the former holds the leading share of over 60% in the global market in 2017. The segment is expected to rise at a higher CAGR that that of the overall market over the assessment period.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=36527

On the regional front, Asia Pacific is projected to rise at the most promising CAGR of 6.2% during 2017–2025. The regional market is estimated to churn out the highest absolute opportunity amounting to US$5,247.6 million by the end of this period. The growth is driven by extensive demand for this type of packaging in the rapidly rising food and beverages sector.

Attractive uptake of Aseptic Paper Packaging in Food and Beverage Sector accentuating Market 

The aseptic paper packaging market is driven by the substantially rising demand for this type of hygienic packaging in the food and beverages industry. The proliferating uptake of aseptic paper packaging for the packing of dairy products world over is a notable factor accentuating the revenue of the market. The application of aseptic processing helps dairy manufacturers in creating shelf-stable products that don’t need refrigeration for preserving their efficacy.

Read More

Nanotubes Market – Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges 2020

Nanotube is a nanometer-scale tube like structure that is available in different types such as carbon nanotubes, silicon nanotubes, inorganic nanotubes, boron nitride nanotubes, membrane nanotubes and DNA nanotubes. Nanotubes are sometimes also referred to as buckytubes.

 

Nanotubes may look like powder or black soot, but they are the rolled-up sheets usually manufactured using graphene.  Nanotubes generally form hollow strands that are only one atom thick. Nanotubes were developed from fullerene which is a structure that is similar to that of geodesic domes. Nanotubes which are produced in the laboratories are generally strong and exhibits electrical and thermal properties. Nanotubes can be generally differentiated by the number concentric cylinders, cylindrical length and cylindrical radius. Few nanotubes also exhibit various properties such as chirality which is a general expression of twisting longitudinally. Multiple nanotubes can also be assembled into microscopic mechanical systems called as nanomachines.

 

Carbon nanotubes are one of the widely used types of nanotubes. Nanotubes find a wide range of applications in manufacturing solar cells, actuators, paper batteries, acoustics environmental remediation and in several medical devices. However, the usage of nanotubes is largest in manufacturing several electrical devices such as circuits and batteries.

 

Developing technologies coupled with increasing demand for high end electrical products is expected to boost the overall growth of electrical industry. Thus, growing electrical industry is expected to augment the overall demand of nanotubes market. Nanotubes are also used in manufacturing a wide range of batteries such as paper batteries, solar cells and hydrogen storage among others. The growing applications of nanotubes in the medical devices are also expected to drive the overall growth of the market. Nanotubes are also used in the textile industries especially in fiber spinning to improve the mechanical as well as physical properties of the textile material.

 

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3554

 

Nanotubes are similar to that of direct dyes. Thus, the increasing applications of nanotubes in various industries are expected to escalate the overall growth of the market. High prices, environmental concerns coupled with several health risks are expected to hamper the growth of this market.

Read More

Service Provider Edge Router Market Research Report Analysis and Forecasts to 2020

A router is a network device used to forward packets from one network to another. These routers are configured by entering values to the internal routing tables, based on which the router forwards the packets to the desired destination. Factors that determine the line on which the packets will be forwarded are line cost, congestion and traffic load. The service provider edge routers are configured to forwards packets received from one service provider to the other. These routers are capable of handling wide range of protocols such as Border Gateway Protocols (BGP), Open Shortest Path First (OSPF) and Multi-Protocol Label Switching (MPLS). These routers ensure that the service provider’s network is connected with internet, external network or a wide area network.

 

In order to provide connectivity between networks, the service provider edge router primarily need to follow Border Gateway Protocol (BGP). BGP is basically an exterior gateway protocol which is intended to exchange routing information between different autonomous systems on the internet network. BGP enables the router to decide the communication path based on the rules set-up by the network administrator and network policies. BGP is sometimes used for routing packets within an autonomous system. Such type of protocol is termed as Interior Border Gateway Protocol (IBGP). Conversely, for internet applications this protocol is referred as Exterior Border Gateway Protocol (EBGP).

 

Primarily, the service provider edge router deploys an External Border Gateway Protocol (EBGP) that is widely employed over the Internet to ensure connectivity with the networks in the remote sites. The prime function of a service provider edge router is to provide communication between service provider’s network and the autonomous systems, and networks of other service providers.

 

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3751

 

The market for service provider edge router is driven by the rising number of internet subscription across the globe. Moreover, the major share of demand for internet subscription is from emerging countries of Asia Pacific, Middle East, Africa and Latin America. Thus, the demand for expansion of network increases to provide highly available connectivity, which results in demand for edge routers in the network. In addition, the on-going deployment of high speed LTE networks across North America and Europe is further boosting the growth of the service provider edge router market.

 

Currently, the major challenge with the service providers is to balance video services, wireless services and cloud services. Owing to this challenge, the companies are offering edge routers that are capable of aggregating multiple IP networks into a single IP edge to provide video services, wireless services and cloud services. This provides tremendous growth opportunities for the existing players such Cisco Systems, Inc. and Juniper Networks, Inc. Moreover, the upcoming trend of transition from IPv4 to IPv6 is a potential opportunity for the new players to enter into the market.

Read More

Customer Relationship Management (CRM) Outsourcing Market New Growth Opportunities By 2020

Outsourcing is a process where an organization selects an efficient third party service provider to effectively manage and operate its customer relationship management unit. Outsourcing of the CRM activities has emerged as a promising solution to meet increasing demand for quality CRM activities and rising costs associated with it. The CRM industry is in the process of revolutionizing itself with the addition of new services offerings such as modern communication and social media platforms.

 

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3945

 

In addition, the CRM activities, which provide flexibility for both clients and workers, are posed to generate greater revenue opportunities. In the last few years, trend of CRM outsourcing has grown significantly among large-sized organizations and it is further expected to attract large numbers of mid-sized organizations in following years. In some cases of outsourcing, the entire information technology and management system is outsourced, while in some other cases, only key application services such as CRM, billing system, and Enterprise risk management (ERM) are outsourced.

 

High cost of in-house customer support is the major driving factor for outsourcing the CRM activities. The need for CRM services was in earlier stage driven by sales of technical services and products; however, eventually increasing cost of customer support and management lead to rise in adoption of CRM outsourcing. In addition, “Follow the sun” service provisioning can be done by outsourcing the CRM activities. This provides the customers of the company with no time delays and high quality services. CRM outsourcing eventually results into lower employee turnover allowing the companies to focus on development of their core offerings. However, higher training costs associated with the CRM outsourcing and costumer-agent cultural differences inhibiting quality of CRM services are some of the factors hindering the growth of global CRM outsourcing market. Integration of social media outreach, media channels, video chatting, and mobile phone application is expected to be the next major phase in the CRM development.

 

Global CRM outsourcing market is segmented on the basis of service, industry, and geography. On the basis of industry, the CRM outsourcing market is segmented into Banking, Financial services and Institutions (BFSI), telecommunication industry, travel and hospitality industry, healthcare sector, retail industry, government, manufacturing, insurance, education industry, and utility sector. Retail and BFSI are the industries holding major market shares in the CRM outsourcing market.

 

Furthermore, on the basis of services, the market for CRM outsourcing is segmented into telemarketing services (outbound sales activities, inbound sales, cross-sell, up-sell), order management services (book/order taking, subscription services, account activation, cancellations), customer services (general inquiries, billing management), and technical support services (equipment installation service, troubleshooting, software usage/activation, remote resolution). Asia Pacific was one the fastest growing geographical region in terms of revenue and market share for CRM outsourcing market. India and Philippines are the most prominent call center destinations, however offshore destinations are becoming broader including regions such as Eastern Europe and Latin America.

Read More