Wednesday, 27 February 2019

Global Wireless ICs Market is Growing due to Advancements in Electronics Industry

Transparency Market Research (TMR) recently published a market research report that elucidates the vendor landscape of the global market for wireless charging ICS. Witnessing the huge market potential, several new players have entered the global market for wireless charging ICs over the past decade. It is expected that the entry of new players into the global market will prompt a counter response from the existing players. This response could take the shape of better and more innovative strategies, introduction new product lines, or expansion of geographical reach. Although the current competitive landscape of the global wireless charging IC market is largely consolidated, it is expected to undergo progressive fragmentation over the forthcoming years.
The current market players in the global wireless charging IC market have been making coordinated efforts to strengthen their position in the market. On the other hand, the new entrants in the global market for wireless charging IC are projected to form strategic alliances in order to strengthen their position in the market.

The global market for wireless charging IC is expected to grow at a boisterous CAGR of 24.54% over the period between 2016 and 2024, according to a report by Transparency Market Research (TMR). The global market was valued at US$1.43 bn in 2015, and is expected to touch a stellar value of US$10.14 bn by 2024-end. Asia Pacific has emerged as the leading regional segment of the global wireless charging IC market while receiver ICs have outdone the transmitter ICs in terms of demand.


In the contemporary times, portable consumer electronics have become an important part of the lives of people. This is expected to propel demand within the global market for wireless charging IC in the cotemporary times. Furthermore, travel for several business-related and leisure purposes have also led to an increased demand for wireless charging ICs. It is expected that the growth of the consumer electronics segment will give a push to the growth of the global market for wireless charging IC.

Smart watches and smart phones witnessed unprecedented levels of demand in recent times. People from all classes and backgrounds are necessarily using these electronics for their daily recourse. This is expected to give a push to the demand for wireless charging ICs in the forthcoming years.

Cosmetic Ingredients Market to Grow Due to Rise in Spending Abilities

The global cosmetic ingredients market is expected to be intensely fragmented due to the presence of various players in the global and regional market. The competition among the players seem to be extremely tough in order to sustain their position in coming yes. Some of the major players leading the market are AkzoNobel, The Dow Chemicals, Croda International, Lonza Group, Clariant AG, Solvay SA, Evonik Industries AG, Innospec Inc., and Ashland Inc. The completion between the key players is foreseen to toughen in the upcoming years as well.

According to the research report by Transparency Market Research (TMR), the global market for cosmetic ingredients is estimated to expand at a steady 4.60% CAGR during the forecast period from 2017 to 2025. The market was valued to be of worth US$22.89 bn in 2016, and is expected to reach around US$33.80 bn by the end of forecast period.

The major usage of cosmetic ingredients are as moisturizing agents, cleansing agents, and coloring agents. Out of these, the moisturizing agents segment accounts for the most important share in this market, owing to the rigorous use of moisturizing compounds in hair care, makeup, and skin care cosmetics. The analysts are expecting the scenario to be the same in future as well. Geographically, in 2016, mainly supported by India, Japan, China, and the Rest of Asia Pacific, the region dominated the global market with a collective share of 32.02%. This is attributed to the growing economy of the nations in Asia Pacific region which is shoeing in their living standard and spending capacities as well, propelling the market growth.


Owing to the rise in disposable income of customers, there has been an enhancement spending abilities and aesthetic cognizance. This has surged the demand for cosmetic ingredients to a large extent. Their desire to look good all the time over the years is driving the revenue of cosmetic products significantly all across the globe, which unavoidably, is intending towards a positive angle on the surging demand for cosmetic ingredients. The rise in consciousness regarding healthy skin and the surging utilization of anti-ageing cosmetics are in in a way boosting the overall cosmetic ingredients market altogether.

Cosmetic ingredients are essentially utilized as cleansing agents, moisturizing agents, and coloring compounds. Out of these, the moisturizing agent segment accounts for maximum share in this market, by virtue of the increased usage of the mentioned segment in hair care, healthy skin, and cosmetic beauty products. Researchers anticipate that the circumstance will remain same all through the accompanying couple of years.

Tuesday, 26 February 2019

Multimedia Chipsets Market – Rising Wave of Next-Generation Smartphones and Wearable Devices Boost Market

The multimedia chipsets market is intensely competitive, characterized by the high levels of competition among top players to constantly diversify their offerings in the two primary segments-graphics chipsets and audio chipsets, notes Transparency Market Research (TMR). The markets for both the segments features a fairly consolidated landscape with a vast scope of product differentiation. In the graphics chipsets market, the top three players-Advanced Micro Devices, Inc., NVIDIA, and Intel—held a combinedly whopping share of 98.2% in 2014. The top three makers of audio chipsets jointly held a substantial share of 69.4% in the same year, finds TMR. These leading players are Realtek Semiconductor Corporation, Qualcomm, and Cirrus Logic, Inc. These players are in constant pursuit of diversifying their products and are focused on developing innovative products for a variety of multimedia applications, in order to consolidate their shares in various regions.

Fueled by low investment required for entering the market, the threat of entry from new players is expected to intensify in the coming years, observes TMR. A number of players are collaborating with various chip makers and forming partnership agreements to bring down the high cost of setting of manufacturing units in the initial years. Competitive pricing and the development of high-performance multimedia chipsets are the key strategies adopted by several players to gain a competitive edge over others.

Witnessing ample growth opportunities in the gaming industry and accelerating adoption of multimedia chipsets in wearable devices, the global multimedia chipsets market is projected to rise at a CAGR of 6.6% from 2015 to 2023, in terms of revenue. Growing at this pace, the market is predicted to reach a valuation of US$40.99 bn by the end of the forecast period.

Regionally, currently Asia Pacific dominates the global market and is expected to retain its lead throughout the forecast period. The growth is expected to be driven by the substantial and steady demand for hand-held multimedia devices, IPTV, and set top boxes. Based on function, the market is led by the graphics chipsets segment and is predicted to remain so throughout the forecast period, primarily attributed to their growing applications in video streaming functionalities in consumer electronics.


The rapidly rising demand for cost-effective, highly functional hardware in a variety of mobile devices, including smartphones and wearable, is a key factor driving the market. The growing demand for feature-rich multimedia handsets in the areas of gaming and consumer electronics is vastly propelling the demand for advanced multimedia chipsets. 

These chipsets enable marked form factor reductions and high-quality video streaming in various wireless devices. In addition, their architecture enables multitasking on these multimedia devices, thereby bolstering their demand. The coming wave of sophisticated wearable devices and smartphones is a key trend expected to boost the multimedia chipsets market.  The rapidly increasing internet penetration in several emerging economies has further accentuated the demand for these electronic devices.

Application Lifecycle Management Market Research Report Analysis and Forecasts to 2023

Application lifecycle management makes a delivery of development, governance, and maintenance for application software. The major parts of application lifecycle management are build, design, requirements management, testing; and change, project, integration, and release management. The modern software development process is quite a complicated one. The traditional and conventional software development lifecycle (SDLC) has been applicable only to the process of development, whilst application lifecycle management works for the entire application lifecycle, from planning to deployment.

The players that are operating within the international market for application lifecycle management are developing a number of solutions for their customers in a bid to gain a competitive edge amongst other peers, as Transparency Market Research (TMR) states in its new study. Key application lifecycle management vendors that are operating in this market comprise eminent names such as Polarion Software GmbH, VersionOne, Inc., Atlassian Corporation Plc, Inflectra Corporation, HP Development Company, CollabNet, Inc., Parasoft Corporation, IBM Corporation, Microsoft Corporation, L.P., and Micro Focus International plc.

The international market for application lifecycle management generated revenues of around US$ 2.04 Bn in the year 2014 and is projected to expand at a growth rate of 8.9% CAGR over the period of forecast that extends from the year 2015 to the year 2023 so as to reach around US$ 4.39 Bn by the end of forecast period.

North America and Europe to Lead the Market Over the Period of Forecast   

The world market for application lifecycle management has been regionally segmented into the geographies of South America, North America, Asia Pacific, Middle East and Africa, and Europe. Out of all of these regions, North America and Europe are the major geographies that have been estimated to drive the growth of the world market for application lifecycle management market, states a TMR analyst.


The fast uptake of various types of mobile devices and the growth in the number of browsers/platforms across the globe has generated the need of a creation of a large number of mobile applications that need an efficient application development lifecycle. The increasing number of mobile devices would also lead to multiplatform complexity, which in turn increases the demand for application lifecycle management solutions. The need for greater efficiency across various teams and augmented engineering productivity are also factors that have been driving the market for application lifecycle management across the globe.

Home Networking Device Market is Growing Due to Increasing Disposable Incomes

The three leading players in the global market for home networking devices in 2014 were TP-Link Technologies Co., Ltd., ASUSTeK Computer, Inc., and D-Link Corporation. Their lead in this market is attributed to their greater focus on constant product innovation and a wide global distribution network.

According to a recently published report by Transparency Market Research, product development and innovation are essential for home networking devices providers to stay ahead of the curve in a technology industry that evolves by the day.

Armed with a CAGR of 7.0% within a forecast period from 2015 to 2023, the global market for home networking devices is expected to reach US$14.35 bn by the end of 2016 and US$23.23 bn by the end of 2023.

Wireless solutions not only continue to be the more popular solution in home networking devices, but the disparity between wired and wireless networking device revenues is expected to grow even further. By the end of 2023, the revenue generated by wireless home networking devices is expected to reach US$14.81 bn.

Routers have consistently been the leading home networking device components in terms of consumption. By the end of 2023, US$8.61 bn are expected to be generated by home networking device providers through the sale of routers.


By 2023, Asia Pacific is expected to generate a revenue of US$7.20 bn for its home networking devices providers. This region’s leading share in the global home networking devices market is attributed to its high population density coupled with the increasing disposable income among urban consumers.
North America is expected to lose part of its share to Asia Pacific due to an increased focus by home networking devices companies on emerging economies. North America, nonetheless, will continue to be a key contributor to the global demand for home networking devices.

High Demand for Home Connectivity Likely to Boost Need for Home Networking Devices

“More and more consumers are looking towards wirelessly connected devices operating within their homes. The scope of application of connected devices is increasing day by day, and so is the bandwidth that the devices can communicate on,” states a TMR analyst.

Mechanized Irrigation Systems Market – North America Serving Maximum Demand

The global mechanized irrigation systems market has been envisaged in a report by Transparency Market Research (TMR) to bear a highly fragmented nature until the end of the forecast tenure 2016-2024. Several leading players could look to acquire new companies entering the industry. However, other business tactics involving new product launch, expansion, and agreement have been foreseen to be used in the market to gain a strong position in the coming years. Some of the prominent names operating in the industry are Lindsay Corporation, Jain Irrigation Systems Limited, Hunter Industries, EPC Industries Limited, and Driptech India Pvt. Ltd.

TMR has envisioned the global mechanized irrigation systems market to register a 14.9% CAGR during the aforementioned forecast tenure. By the final forecast year, the market could be valued at a US$35.0 bn. On the basis of type, center pivot irrigation systems have been projected to continue their lead in the market from the recent past. By region, North America could account for a lion’s share of the market in the near future.

Remedying of Low Agricultural Production Raises Demand

The need to rectify inefficient irrigation systems and low agricultural production to improve crop productivity has been prophesied to be one of the crucial factors enhancing the demand in the world mechanized irrigation systems market. Agriculture could play a significant role in positively impacting the economic development of a nation. A number of mechanized irrigation systems are used in agriculture for applications such as watering crops. Impact sprinklers, moving water nozzles, lateral move systems, central pivot systems, and sprinklers are some of the common watering systems engaged in agricultural activities.


The demand for mechanized irrigation systems has been foretold to gain momentum because of the decrease in resource costs. As a result, mechanized irrigation systems could be highly adopted for a range of applications including plantation and cultivation, besides agriculture. Low cost of irrigation followed by improved productivity, government investments and promotions, and rising awareness about the benefits of using mechanized irrigation systems in farming could be among strong growth factors of the market.

Consistent Maintenance Requirement Throws Wrench in Works

TMR analysts have identified two leading growth restraints of the international mechanized irrigation systems market: constant need for equipment maintenance and expensive initial investment. Although these restraining factors have been expected to hamper the demand for mechanized irrigation systems, there could be other factors creating robust growth opportunities in the coming years.

Flexible Packaging Market to Boost the Growth of Packaging Industry

The presence of large number of players in the market and entry of new entrants in the global flexible packaging market is projected to intensify the market competition. The market competition is seen on the basis of price, quality, services, and innovation. The leading players in the market putting efforts by introducing innovative and bio-based packaging materials. Some of the key players in the global flexible packaging market are Berry Plastics Group, Inc., Constantia Flexibles Gmbh, Sonoco Products Co., Mondi Group, Huhtamäki Oyj, and Ampac Holdings, LLC.

In a recent report by Transparency Market Research, the global flexible packaging is expected to exhibit 5.2% of CAGR during the forecast period between 2016 and 2024. By rising at a steady CAGR the market is projected to touch US$358.7 bn by the end of 2024 progressing from US$238.5 bn as estimated in 2016.

Based on product type, the stand-up pouch segment has higher demand in the market and is likely to accumulate a valuation of US$85.9 bn by the end of 2024. This is because stand-up pouch has the ability to store different types of products and provides higher shelf life for liquid products. Based on geography, Europe is projected to lead the market and generate a revenue of US$117.7 bn during the forecast tenure. Asia Pacific also shows growth prospects for the flexible packaging market.

Application in Various Industries to Expand Market Growth 

Globally, the demand for flexible packaging has increased at a rapid rate, as it can be used for various purposes. Moreover, with advancements in packaging material and packaging technologies the demand in the flexible packaging has also grown at a significant rate. The demand for flexible packaging is also seen in various industries such as food and beverages, consumer goods, pharmaceuticals, and many others. Thus, the growing use of flexible packaging in different industries is projected to boost the demand for flexible packaging and expand the flexible packaging market.


Complex Recycling Procedure to Hamper Market Growth Opportunities

Conversely, some restraining factors that are projected to obstruct the growth of the flexible packaging market. One of the key factor is the use of multiple layer of various types of material are used that makes recycling difficult and is complicated procedure to deal with. In some of the cases plastic and metal are used together for flexible packaging which makes the recycling difficult, as plastic can be recycled is a much easy manner than metal. Moreover, the environmental norms and regulations are getting restrict day by day, which is also hindering the growth of flexible packaging market at the global level.

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 ...