Tuesday, 12 February 2019

Smart Homes Market to Leverage Advancement of IoT

The global smart homes market is envisaged in a report by Transparency Market Research (TMR) to witness a moderate degree of competition due to the presence of a small number of players. However, the factor of high profitability could encourage more players to enter the global smart homes market during the forecast period 2017-2025. Merger and acquisition and constant improvement of product portfolio are expected to see high adoption among players to gain a stronger share of the global smart homes market. Some of the leading players of the global smart homes market are Schneider Electric SE, Johnson Controls, Inc., and Honeywell International, Inc.

TMR envisions the global smart homes market to post a 14.6% CAGR to reach a US$97.61 bn in valuation by 2025. In 2016, the global smart homes market was valued at a US$30.02 bn. Among applications, HVAC control could bag a colossal share of the global smart homes market by the end of the forecast period. In 2016, it collected a 27.2% share of the global smart homes market. From a geographical standpoint, the smart homes market is foreseen to find North America taking its command in terms of revenue growth. In 2016, the regional smart homes market accounted for a 38.7% share.

Rising Need to Save Energy and Enable Automation at Homes to Boost Growth

The global smart homes market is predicted to gain momentum in its growth because of the rising adoption of IoT. Urban populations showing an increasing inclination toward home automation for saving energy could set the tone for valuable growth in the global smart homes market. On the other hand, reducing prices of processors and sensors is expected to improve the demand in the global smart homes market. The growing need to improve home security, high focus on enabling ease of living, and rising disposable income of people could create several opportunities in the global smart homes market.


The advent of high-speed internet and increasing demand for Wi-Fi connectivity are prophesied to provide a fillip to the global smart homes market. Besides North America, Europe could witness a strong rise in the demand for smart homes owing the need to reduce energy consumption and presence of a significant count of industries in the region.

Extortionate Cost of Smart Home Services to Provide Headwinds to Market

The requirement of constant maintenance and expensive cost of various tools and services are forecast to hamper the demand for smart homes. Rising number of privacy issues and cases of security breach could make up another factor dampening the growth of the global smart homes market. However, improving adoption of power line communication technology is prognosticated to bolster the global smart homes market. On the other hand, the need to improve energy efficiency and enhance entertainment, security, lighting controls, and other applications in residences could augment the demand in the global smart homes market.

Electric Vehicle Charging Station Market – Emerge as More Popular Choice among Consumers

The global electric vehicle charging stations market is prognosticated to witness a massively positive growth trajectory. According to a report by Transparency Market Research (TMR), the market is anticipated undergo promising growth opportunities on account of the rising popularity and demand for electric vehicles (EVs). Presently, there are a number of noteworthy participants in the world electric vehicle charging market, such as Siemens AG, ClipperCreek, ChargePoint, Inc., and AeroVironment, Inc.

The worldwide electric vehicle charging station market is relied upon to achieve a valuation of US$37.48 bn by 2025. TMR ventures the market to ascend at a vigorous 30.8% CAGR over the coming years. Territorially, Asia Pacific held the most noteworthy share of the worldwide market, and the Middle East and Africa market is predicted to exhibit a CAGR of 61.6% in over the duration of forecast i.e. 2017 to 2025.

Improving Infrastructure Boosts Asia Pacific Market for EV Charging Stations

Based on technology, the market will be dominated by level 2 chargers, i.e. the chargers offering capacities between 120 to 240 Volts. Being cost effective than fast charging level 3 chargers, and better that level 1 chargers are the factors pushing this segment. Based on the end utility, use in residential section domineered the market in 2016, and is expected to remain popular over the forecast duration. With the surge in the sales of electronic vehicles across the globe, even commercial and retail segments are anticipated to face better market opportunities.


Regionally, due to favorable government rules and rising awareness about the environment, Asia Pacific is set to emerge as the leading market. The improvement in infrastructure and disposable incomes of people are additional factors that will augment the market upsurge.

Technological Innovations to Offer Lucrative Market Opportunity

The V2G (vehicle to grid) system empowers the stream of energy between a matrix and electric drive vehicles and furthermore gives a system to enable the proprietor to speak with the power lattice. This system likewise empowers request reaction administrations, which expands the productivity of the system amid substantial burdens. The V2G innovation empowers the utilization of EVs as circulated stockpiling gadgets and furthermore helps in sparing the cost of electrical systems by giving control administrations, top load service, and request reaction and turning saves. This will prompt the expanded reception of V2G, which will be one of the significant patterns picking up footing in the electrical auto charging station market in the coming years.

E-Beam Wafer Inspection System Market: Detection Imaging to Remain Dominant Segment

The e-beam wafer inspection system market has immense development opportunities due to the rising appropriation of these systems by semiconductor manufacturers for their high-quality inspection. Since the semiconductor business is quickly developing and extending its development limit, there would be a massive need for more wafer inspection systems amid the forecast period. However, this market is exceptionally capital oriented and technologically advanced in nature. Hermes Microvision is the most overwhelming player in the market and takes over the majority of the market share. Since the semiconductor business is developing and expanding, the demand for wafer inspection system is anticipated to increase amid the forecast period. This popularity for wafer inspection system will open up new opportunities in the market for manufactures, steering in new vendors, therefore swelling the competition.

According to Transparency Market Research, the global E-beam wafer inspection system market is anticipated to flourish with a strong CAGR of 17.5% during forecast period from 2015 to 2025. ASML Holding N.V. (Netherlands), Hitachi Ltd. (Japan), KLA Tencor Corporation (The U.S.), NXP Semiconductors N.V. (Netherlands), Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan), Lam Research Corporation (The U.S.), Synopsys Inc. (The U.S.)Integrated Device Technology Inc. (The U.S.), Renesas Electronics Corporation (Japan), and Applied Materials Inc. (The U.S.) are some of the key companies dominating the global E-beam wafer inspection system market. In year 2016, Asia pacific was evaluated to be the most dominant region among all, with 60% of market shares. Based on application, the defect imaging emerged as the largest application segment with a share of 38.5% in the market in year 2016. It is foreseen to remain prevailing through the duration of the forecast period.

Miniaturization to Boost the Global E-Beam Wafer Inspection System Market

Wafers are imperative equipment that are integrated in smaller devices. It is crucial to inspect for faults and defects for these devices to run error-free for quite a while. E-beam inspection system helps in the detection of the any errors or flaws in compact gadgets, for example, smartphones, MEMs, laptops among numerous others. Due to this, with the developing demand for developing miniature versions which are aimed at enhancing the complete performance over several industries, the usage of these wafer inspection systems is expected to rise, along these lines giving stimulating the market.

E-beam id cards employed for finding flaws in the voltage-balance alongside minute defects. It further helps in reducing the charging of the wafer surface. These elements are likely to support the progress of the market in the coming years. However, the market may face obstruction from the presence of some alternate inspection gadgets over various regions.


Demand in Semiconductors Wafers to Support Market Growth

The increase in the appropriation of specialized devices and consumer electronic equipment, for example, tablets, wearables, smartphones, LEDs, LCDs, and SSDs have resulted in the high requirement for superior quality semiconductors, for example, silicon-based wafers. Likewise, the rising fame of several novel and emerging technologies, for example, IoT, M2M, UHD TVs, vehicle robotization, and hybrid laptops is additionally driving the demand for semiconductor wafers. This recent increase in the demand for semiconductor wafers subsequently fosters the need for wafer inspection systems to keep a check on the process and nature of the wafers.

Display Trays Market is Growing Due to Rapid Growth in the Retail Sector

Display trays are point-of-purchase (POP) solutions designed to showcase and securely hold consumer products at retail stores. Display trays are mostly used for promotional marketing and are aimed at engaging consumers at point-of-purchase. A significant fraction of the display trays used these days are thermoformed. One of the key benefits of using display trays is brand flexibility – display trays are available in a variety of colors, materials and thicknesses, enabling brands to customize the trays as per the requirement and product type to be displayed.

Other features which increase preference for display trays among brand owners is their durability and portability. To create a positive impact on the minds of consumers, display trays are placed aside to make new products stand apart from the rest.  The transformation of the retail sector is expected to have a strong influence on the global display trays market. Prominence of market growth for display trays is however, expected to be more in the Asia Pacific and Latin America regions. Challenges posed by strong e-commerce growth across the globe could significantly hamper growth of the display trays market, during the forecast period.

Global Display Trays Market: Dynamics

The global display trays market growth is expected to be aided by strong growth in the retail sector, especially in the Asia Pacific region. Increased disposable income of people in the region has given them access to a wide range of products. Furthermore, many key countries in the Asia Pacific, including China and India, have witnessed rapid growth in the retail sector. As modern consumers actively screen-out products based on a number of parameters, there is an absolute need for retailers and brands to showcase their new products and variants at point-of-purchase. Apart from functioning as a marketing tool for retailers, display trays also provide ample protection from damage to the products on display. In today’s scenario, marketing and customer retention strategies of a brand go a long way in ensuring consumer loyalty.


Also, product presentation is critical for marketing. Display trays are ideal to achieve the same. Manufacturers of display trays offer customized solutions, wherein, the focus is on requirement-specific design. A number of display trays’ manufacturers also have an in-house team that creates the design concept, which is then produced on a large scale. Growing demand for personal care & cosmetic products, as well as growth in the number of food retail outlets, are other factors which are anticipated to boost demand for display trays across the globe. One of the key factors which are anticipated to become a hurdle to market growth for display trays is the increasing consumer acceptance for e-retail.

Growth in Food &Beverages Industry and Baby Feeding Products Industry are Driving the PP Preforms Market

The plastic preforms are used for bottles or containers making by the molding process. The PP bottles are made up from PP preforms by using the injection molding process, while the PET bottles are made up by using the stretch blow injection molding process. The bottle making business is on the peak from the past few years due to the growth in the food and beverages industry.


The PET preforms are highly adaptable as compared to the PP preforms due to low cost and easy to recycling. However, the PP preforms are used for the production of long-term use bottles. PP preforms have high durability and higher thickness as compared to the PET preforms. The PP preforms are used in the manufacturing of containers which can be come into the contact of heat. The high-temperature sustainability is the important property of PP preforms.

Global PP Preforms Market: Dynamics

The PP preforms market is expected to be stable during the forecast period. The PET preforms market is restraining PP preforms market in terms of market share. The refrigerator bottles and baby feeding bottles are commonly made up from the PP preforms. The PP preforms are very expensive than PET preforms and not used for the FMCG product containers. The consumer for plastic preforms is approaching towards PP preforms for the need of heat resistance properties. The temperature of filling liquid in PET container is up to 70 degrees Celsius, while the temperature of filling liquid in PP containers is up to 80 degrees Celsius.

The growth in food and beverages industry and baby feeding products industry are driving the PP preforms market. The bottles made from the PP preforms are in semi-clear or translucent in nature. The PP preforms is used in the dairy industry for the manufacturing of containers for milk, curd, yogurt, and other products. The customer need of seeing the product in the bottle is not satisfied by the PP preforms, due to which the PP preforms are not used for the consumer product bottle packaging. The PP preforms making process is expensive than PET preforms processes due to which the manufacturer is showing reluctance in the PP preforms manufacturing.

Case Erector System Market Is Set For A Rapid Growth By 2026

Case erectors systems are basically box making machine that erect folded cardboard / corrugated board in specified box shapes, and lastly seal this boxes, to make it available for consumer / industrial packaging.  With addition of robotics case erectors, the ergonomics of packaging have jumped to higher levels thus, providing package customization from the similar case erector system which saves enormous cost of companies from installing another case erectors system.

Additionally, case erector systems have further reduce the labor costs in compliance with work injuries  as it simplifies the process of erect folded cardboard boxes on just a press of a button – and is thus expected to push the case erector system market during the forecast period. Moreover, reduction in cardboard material, as well as product cost with the use of case erector systems, is also expected to drive the case erector system market. All this features has distinctly created opportunity for the manufacturers in emerging economies by serving numerous sectors of industrial / consumer products.

Global Case Erector System Market Dynamics

Mounting efficiency in comparison to conventional methods coupled with reduced work fatigue are the key factors that drive the case erector system market. Moreover, growth inclination of manufacturers towards paper base packaging solutions in end use industries such as packaging of food & beverages, pharmaceuticals products, consumer durables, etc. in emerging economies such as China, India, Vietnam, Indonesia, etc. are expected to push the case erector system market. However, the initial capital investment such as higher installation cost is the key factors that are likely to hamper the growth of the global case erector system market over the forecast period.


The market for case erector systems North America and Europe especially the Western Europe are expected to undergo maturity stage and are consequently to lose a sizeable market share to Asia Pacific region. Prominent market players that currently operate in United States, Germany, France, U.K., Italy, etc. have shifted their focus towards strategies such as mergers & acquisition, collaboration with local establishments in the emerging economies of Asia-Pacific region. The market for paper based packaging machineries in the Asia-Pacific region are likely to emerge as the most beneficial markets for packaging industry which eventually results in the growth of case erector system market.

Monday, 11 February 2019

Personalized Packaging Market is driven by Growing Need for Customization in Packaging

According to the latest market report published by Transparency Market Research titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury packaging. The increasing customization in packaging across the nations has given a major boost to the personalized packaging market.

Based on material type, the global personalized packaging market has been segmented into glass, paper & paperboard, plastic, and metal. The paper & paperboard segment is further clqassified as corrugated, carton board, and paper; the plastic segment is segmented ahead into HDPE, LDPE, LLDPE, PP, PET, and others. By packaging type, global personalized packaging market is segmented into bottles, containers & jars, bags & pouches, cartons, envelopes, and boxes. By end use, only beverages and food segment are considered, beverages segment is further segmented into alcoholic and non-alcoholic beverages, food segment is segmented into baby food, sauces & dressings & condiments, dairy products, bakery & confectionery, and others sub-segments. Alcoholic beverages are further categorized into beer, wine and spirits, non-alcoholic beverages are categorized into soda, juice, milk and bottled water.

Among packaging types, the bottles segment is expected to dominate the market during the forecast period, with an estimated market value share of 24.0%, in 2017. However, bags & pouches segment is expected to be the most attractive segment in terms of growth rate during the forecast period. Among end-use segments, beverages segment is expected to dominate the market throughout the forecast period. Increasing customization in beer glass bottles is expected to boost the growth in the personalized packaging market.


Among geographic market segments, the APAC region is anticipated to lead the global personalized packaging market, during the forecast period. The market for personalized packaging in APAC is projected to register the highest CAGR of 7.0%, during the forecast period, in term of value.

The key players that have been profiled in Transparency Market Research’s global customized packaging market report include Owens Illinois Inc., Salazar Packaging, Inc., Design Packaging, Inc., PrimeLine Packaging, International Packaging Inc., Elegant Packaging, Pak Factory Inc., ABOX Packaging, ACG Ecopak, CB Group, SoOPAK Company, Huhtamaki Oyj, The Mondi Group plc., Smurfit Kappa Group, Glenroy Inc. and ProAmpac LLC.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...