IV Bags Market – Asia Pacific to Register Leading CAGR through 2027

The global market for IV bags features a largely fragmented and competitive vendor landscape owing to the presence of a large number of companies, observes Transparency Market Research in a recent report. Companies keen on expanding their consumer bases and gaining a larger hold on the market are focused on geographical expansion, strategic collaborations with promising regional companies, and R&D activities aimed at the development of new and more reliable product varieties.

Focus on the development of products made from environment friendly and biologically harmless materials has also increased as stringent environment-protection and patient safety norms keep rising in numbers across the globe. Some of the leading companies in the market are Haemotronic S.p.A, B.Braun Melsungen AG, Wipak Group, Baxter international Inc., Sippex, Renolit Solmed, and West Pharmaceutical Services Inc.

According to the report, the global IV bags market is expected to exhibit a promising 5.4% CAGR from 2017 to 2027, rising from a valuation of US$1,363.8 mn in 2017 to a revenue opportunity of US$2,316.5 mn by 2027. Based on material, the PP segment presently holds the dominant share in the market owing to the material’s non-reactive and inert nature. Geographically, the market in North America is presently the leading regional market in terms of growth prospects and revenue opportunity.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23147

One of thy growth drivers for the global IV bags market is the high use of injections for delivering drugs, liquid substances, and other nutritional products directly in the bodies of patients who have difficulties swallowing anything. The ease of use, easy availability, low costs, and availability in a variety of types based on materials and price ranges make IV bags one of the key components of parenteral nutrition procedures where these bags are often used to administer a variety of compounds such as amino acids to patients.

The market is also steadily expanding owing to the vast rise in prevalence of a number of chronic diseases requiring patient admissions to hospitals or other healthcare centers and the rising global population of geriatric, a demographic that is highly susceptible to a number of health conditions. Old people are also susceptible to a number of health conditions that impair their ability to consume vital nutrients or drugs orally, requiring IV bags for administering the same. Higher accuracy and quicker results associated with IV bags as compared to consuming drugs orally also work in the market’s favor.

Read More

Pharmaceutical Companies is likely to Propel the Demand for Glass Packaging Market

The market dynamics for glass packaging is highly fragmented and the leading six players hold 35% share in the global market. Gerresheimer AG, Owens-Illinois Inc., Vetropack Holding AG, Ardagh Group, Saint-Gobain S.A., and Vidrala SA. are the leading players in the global glass packaging market. These companies use advanced business strategies to maintain their stand in the global glass packaging market. However, various small and medium players working across geographies are also making efforts to strengthen their position in the market.

In order to curb pollution, several companies are focusing on product recycling. This is likely to help companies gain traction due to increasing environmental consciousness among users. For instance, Ardagh Group has improved recycling efforts in its glass packaging business in North America. This initiative has also increased the furnace performance and reduced energy consumption during glass packaging.

According to TMR, the global glass packaging market is expected to reach US$55.24 bn by the end forecast period in 2020. This market is estimated to expand at a CAGR of 4.6% between 2014 and 2020.

Among the various applications, alcohol beverages (except beer) has emerged dominant. The alcohol beverage segment held more than 40% of the market in 2013. According to the regional analysis, Asia Pacific is leading the global glass packaging market and is projected to rise at a CAGR of 5.3% during the forecast tenure.

Increasing Consumption of Alcoholic Beverages to Boost Market 

There are multiple uses of glass packaging in pharmaceuticals, food and beverages, medical supplies, and personal care. The growing consumption of alcoholic drinks especially beer has fuelled the demand in the glass packaging market. The high consumption of beer in developed countries will bode well for the global glass packaging market. In addition to this, the rising consumption of beer in developing nations in Asia Pacific will also contribute towards the market’s growth.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1614

Pharmaceutical companies have also exhibit high demand for glass packaging. Thus, contributed towards the expansion of the global glass packaging market. In addition, the rising use of glass packaging in the cosmetics industry for packaging of nail paints, perfumes, and other beauty products has enabled the market gain momentum.

Availability of Substitutes to Restrict Glass Packaging Market

The presence of substitute is likely to hamper the market performance. For instance the increasing use of plastic packaging may hamper the market’s trajectory. These factors will restrain the market to grow at its full potential. Nonetheless, the increasing awareness pertaining to the negative effects of plastic has sidelined the use of this alternative. Government initiatives to minimize the use of plastic for various reasons will also help in overcoming this restrain.

Read More

Fall Protection Equipment Market – Full Body Harnesses to Prove to Be Leading Market

The global fall protection equipment market is driven by the rising concerns about overall safety and occupational safety, increasing regulatory mandates at places of work, and growing fleet size of emergency services. Emerging opportunities in developing regions such as Latin America, Asia Pacific, Africa, and the Middle East are forecast to boost the global market over the next four years. However, sale of inexpensive and low-quality products is anticipated to hamper the growth of the fall protection equipment market.

The fall protection equipment market is segmented on the basis of product type into full-body harnesses, body belts, safety nets, chest harnesses, suspension belts, and others. Valued at US$676.7 mn in 2013, full-body harnesses formed the largest product segment of the overall fall protection equipment market. Full-body harnesses provide enhanced support and are hence most commonly used in rescue operations. Registering a 9.60% CAGR from 2014 to 2020, the segment of safety nets is anticipated to develop at the fastest pace.

The global fall protection equipment market is geographically divided into Europe, Africa, the Middle East, North America, Asia Pacific, and Latin America. North America and Europe are the most prominent markets for fall protection equipment, with North America emerging as the leading regional segment in 2013. With emergency services increasing their fleet size and the implementation of several safety mandates, the North America market is anticipated to witness stable growth during the forecast period. In 2013, this region was valued at US$670.7 mn. Africa has been identified as having immense potential for growth. Driven by the increase in rescue operations in countries such as South Africa, Kenya, and Nigeria, the fall protection equipment market in Africa is projected to expand at a remarkable CAGR of 17.90% from 2014 to 2020.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4097

Even though only a handful of players dominate the overall fall protection equipment market, there are several small and large local manufacturers present in the landscape. The leading companies operating in the global fall protection equipment market include Uvex Safety Group, Honeywell Safety Products, Avon Rubber p.l.c., Oftenrich Holdings Limited, Alpha Pro Tech Ltd., Rock Fall Ltd., 3M Co., Cofra Holdings AG, and Ansell Ltd. These players are studied in detail in the fall protection equipment market report based on attributes such as company and financial overview, recent developments, and business strategies.

Read More

Growing Trend in the Automotive Electronics Control Unit Management (ECU/ECM) Market

Automotive electronics control units are widely used across various automobile segments such as commercial vehicles, utility vehicles, and passenger cars. Automotive electronics control unit management is implemented for the operation of various technologies including engine management, transmission control, body control, airbag restraint, and other systems. The ever-growing demand for automotive electronics control unit management from the emerging economies in Asia Pacific has fuelled the growth of the global automotive electronics control unit management market.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2067

The report states that the growing demand for automotive embedded systems and the growing inclination toward a luxurious lifestyle have propelled the growth of the global automotive electronics control unit management market. However, the complexity of the system, coupled with cost pressures might play spoilsport in the growth of the market. The overall market has a huge opportunity to grow with the rise in the number of autonomous cars.

In terms of technology, the report segments the global automotive electronics control unit management market into the following systems: Engine management, transmission control, climate control, anti-lock braking, airbag restraint, power steering, and body control. Power steering dominates the market as the leading technology.

On the basis of application, the report categorizes the global automotive electronics control unit management market into passenger cars, utility vehicles, and commercial vehicles. Passenger cars dominate the market, followed by commercial and utility vehicles.

The report studies the global automotive electronics control unit management market across four key regions: Europe, North America, Asia Pacific, and Rest of the World. Presently, Europe leads the overall market owing to the established base of the automotive industry in the U.K. and Central Europe. The implementation of strict compliance laws to ensure convenient and safe driving has propelled the growth of the market in Europe. However, during the forecast period, Asia Pacific is anticipated to register strong growth with the automotive industry focusing on building manufacturing facilities in the region.

Describing the competitive landscape, the report profiles some of the key players in the global automotive electronics control unit management market such as Denso Corporation, Continental AG, Robert Bosch, Delphi Automotive Plc, General Motors Company, Lear Corporation  Hyundai Mobis Co. Ltd., Alps Electric Co. Ltd., Panasonic Corporation, and Hitachi Automotive Systems Ltd. The report also offers insightful details about the market players including their company overview, business strategies, financial overview, and recent developments.

Read More

Global Automotive Thermal Systems Market to Reach US$48.5 bn by 2020

Automotive thermal system is concern with the management of liquid, temperature and air. It increases the comfort of the passengers by taking care of the temperature inside the vehicle. The main components of automotive thermal system are powertrain cooling, ventilation & AC, battery thermal management, power device cooling and waste heat recovery.

Implementation of new technologies such as HVAC systems for thermal heating is driving the market globally. The primary advantage of this advanced system is that it reduces the harmful gases emitted by the cooling system compressors without compromising on the cooling capacity. The manufacturers of HVAC systems have replaced the existing HFO-1234yf cooling technology used in automotive HVAC systems with the R-134a technology due to the harmful effects of some refrigerants. Implementation of new technologies and upgrade of existing ones is among the key drivers for the growth of this market globally.

The rise in cost of the automotive thermal system is a major challenge restraining the growth of the market. Advanced and improved technology comes at a higher cost. Huge investment is required for research and development which in turn increases the cost of thermal systems, hence leading to increase in the price of automobiles. Increasing demand for thermal systems that run on alternative fuels such as bio-alcohols, liquid hydrogen, propane, P-Series fuels, and ethanol is a key opportunity for the growth of the market in the near future.

Manufacturers of automotive transmission systems are investing significantly in research and development for innovation of latest technology in automotive transmission. ZF Technologies introduced the world’s first nine-speed automatic transmission system. This is likely to enhance fuel efficiency of vehicles considerably. There is a growing demand for vehicles with continuous variable transmission system.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4400

Driving a continuously variable transmission system is the same as driving a vehicle with automatic transmission, just that the engine revs up and down automatically. There is a growing demand for vehicles with continuously variable transmission due to its simplicity and enhanced performance. Therefore, this technology is likely to dominate the market in the coming years.

HVAC dominated the automotive thermal system market segmented by component. The HVAC system provides heat, ventilation and air conditioning in a vehicle. The HVAC market can be segmented into two types, automotive HVAC system and manual HVAC system. The rise in demand for HVAC is one of the key factors behind the growth of the automotive thermal system market as a whole.

Read More

Product Lifecycle Management is driven by the Demand for Lowering Time-to-Market Products

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.

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.

Request a PDF Brochure With Future Analysis@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4548

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.

High Cost of PLM to Hinder the Growth

Despite these factors, the high cost of PLM and complexity in the installation and handling of the systems can hamper adoption due to the requirement of higher capital which is hampering growth of the market. Additionally, implementation of PLM requires additional maintenance of the database, data formats, and low interoperability in two versions coupled with the presence of a number of alternate products is hindering growth of the global product lifecycle management (PLM) market. Furthermore, the involvement of third-party organizations is further increases expenditure and likely to restrain the growth of the global product lifecycle management (PLM) market.

Read More

Degaussing System Market Adopts Innovation to Stay Competitive, 2018 – 2026

The global market for degaussing system is predicted to witness a remarkable growth in the years to come. This is because of the rise in defense budgets, along with the surging importance of degaussing system especially in naval warfare. Degaussing is the method of eliminating or decreasing an unwanted magnetic data or field that may be stored in a disk or a tape or any such media like hard disk drives, or computers or laptops. Cassettes, cartridges and other such tapes.

Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=55746

There are different variations to the global degaussing system market based on vessel type, end user, and solution. On the basis of vessel type, the global degaussing system market is categorized into small, medium, and large vessels. Further categorization of small vessels include FAC, MCMV, and OPV. Medium vessels are further divided into destroyers, corvettes, and submarines. Lastly, further segmentation of large vessels include amphibious, aircraft carriers, and frigates.

With respect to segmentation on solution, the global market for degaussing systems is further classified into deperming, degaussing, and ranging. Further classification of degaussing includes products and services wherein products are again sub-divided into hardware and software. The hardware sub-division are inclusive of compass compensating equipment, course monitor units, conductors, dc generators, bipolar amplifiers, degaussing control units, magnetometers, and degaussing coil units.

Further classification of ranging includes fixed ranging and onboard ranging, where sun categories of onboard ranging are inclusive of aerial ranging devices, coils, software, monitors, magnetometers, and transmitted data buoys. Lastly, the global degaussing system market is categorized into services, aftermarket, and original equipment manufacturer or OEMs based on end-user category.

The report presented above is a complete evaluation of the global degaussing system market with major focus on market dynamics. It also includes market drivers, restraints, and trends and opportunities. The above presented report also offers geographical and other segmentation of the market.

Read More