Wednesday, 27 February 2019

Demand for Advanced Automation in Various Industries Fillip IT Robotic Automation Market

  February 27, 2019    No comments
Robotic automation process is a kind of application which offers software configuration in computers. Such process further helps in interpreting and capturing the transaction, manipulated data, processing responses, and creating a communication process with various digital systems. Robotic automation elevates the nature of work through stopping employees from doing repetitive tasks.


Growing need for advanced automation solutions in several industries, rising demand from IT industry due to increasing work speed of employees, and rapid technological advancements are driving the global IT robotic automation market. Along with these, rising demand for automation process in big data analytics, and growing demand for saving times in various enterprises are also fueling the demand in the global IT robotic automation market.

Furthermore, a trend in modernizing business processes for improving productivity along with providing satisfaction to the customers is also expected to fuel demand in the global IT robotic automation market. The robotic automation is highly adopted in IT industry for improving business processes along with financial management. This has become a key factor to thrust the global IT robotic automation market.

Rising Cloud-based Deployment to Fuel IT Robotic Automation Market

Robotic automation is widely adopted in infrastructural management and BPO services. IT robotic automation offers query handling, task allocation, automating invoicing, and payment processing. Such USPs are also boosting the global IT robotic automation market. However, rising demand from various organizations for alternative technologies to cater difficulties and challenges coming from dynamic environments, and increasing implementation of cloud-based solutions into enterprises augment demand in the global IT robotic automation market.

Robotic interference in IT operations and management helps in mitigating complexities and challenges smoothly and effectively. Many IT service providers are trying to leverage robotic automation processes for enhancing their capabilities to sustain in competitive world. Incorporation of technologies helps such providers in saving their times and also aids in reducing the operational cost. Such benefits are also boosting the global IT robotic automation market.
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Lithium-ion Battery Market Soars Wings with Increased Innovations

  February 27, 2019    No comments
The global lithium-ion battery market is witnessing robust demand by increasing innovations related to their productivity and longer life. Additionally, growing demand for clean energy in the automobile sector is boosting the market growth. Moreover, the invention of a wide range of smart gadgets and growing acceptance of digital way of life are expected to further drive the global lithium-ion market. Based on these drivers, the market is predicted to expand at a CAGR of 11.6% during 2016 – 2024. The global lithium-ion battery market is expected to reach US$77.42 bn valuation by 2024 end.

Other important factors driving growth are mentioned below:
  • Growing use of smartphones and increasing innovations in the market are expected to drive up the sales of 5– 25 Wh lithium-ion battery.
  • Increasing prominence of lithium-ion batteries in solar grids is also expected to drive demand. The use of these grids is expanding across industries and in households as well.
  • On Feb 18, 2019, the U.S. government announced its plans to recycle lithium-ion batteries from various sources. The move is expected to smoothen shortfalls in supply and bring price stability in the lithium-ion battery market.
  • The lithium-ion battery market faces challenge as high costs of procuring batteries is expected to pose a challenge to emerging regions. For example, the Indian government had announced its decision to support electric vehicle makers. It plans on replacing its current fossil-fueled cars with electric vehicles by 2030 end. However, high costs associated with lithium-ion batteries are posing a challenge to the move toward greener cars. Rising innovations in the industry and expected economies of scale in Europe and North America are expected to bring down the price of lithium-ion batteries in the near future.
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Caps and Closures Market: Convenience Beverage Demand to Serve as Growth Dynamic, finds TMR

  February 27, 2019    No comments
The five leading players in the U.S. caps and closures for non-carbonated beverages  market held a share of around 55% in the market in 2016, based on value, states Transparency Market Research (TMR) in a research report. Some of the leading companies operating in the market Bericap GmbH and Co KG, AptarGroup, Inc., Closure Systems International, Inc., and Silgan Plastic Closure Solutions have gained their leads in the market through extensive development strategies and high asset use in advancement and the establishment of more noteworthy number of assembling offices the nation over.

While there is as yet a not too bad bit of the U.S. closures and caps market for non-carbonated beverages that has a place with restricted substances, bigger makers in the beverage industry are more mindful of the brand nature of the pioneers, along these lines putting more confidence in their items. The competition in this market is likely to intensify over time with market leaders expanding their reach throughout the country through long-term contracts. The small sized vendors have the benefit of adapting to novel technologies earlier while the large vendors wrestle with extensive switching costs.

According to a TMR analyst, “The U.S. market for caps and closures for non-carbonated beverages is anticipated to register a 4.3% CAGR from 2016 to 2024. In 2016, the market was valued at US$2.64 bn and is likely to touch a valuation of US$3.82 bn by the end of 2024.” Based on application, the segment of bottled water led the U.S. market for caps and closures for non-carbonated beverages in 2016 and is likely to continue leading the market over the forecast period with a 6.1% CAGR.


“One of the main variables adding to the current rise in the U.S. closures and caps market for non-carbonated beverages is the developing interest for single-serve drinks. The requirement for particular tops and terminations that supplement the much touted hot fill process that can build the timeframe of realistic usability of various refreshment sorts. Moreover, the general interest for convenience beverages and food is expanding at an over the top rate over the U.S., with an ever increasing number of shoppers inclining towards nourishments that are nutritious and additionally simple to eat. The U.S. closures and caps market for non-carbonated beverages fits consummately into this developing specialty and will keep on benefitting from this expanding request over the not so distant,” states a TMR investigator.

Different components driving the U.S. caps and closures market for non-carbonated beverages incorporate the expanding support created via regular refreshments and the occasionally expanding interest for frosty or hot refreshments, and the expanding acknowledgment of current refreshments by bigger socioeconomics and gatherings of people.
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Global Wireless ICs Market is Growing due to Advancements in Electronics Industry

  February 27, 2019    No comments
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.
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Cosmetic Ingredients Market to Grow Due to Rise in Spending Abilities

  February 27, 2019    No comments
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.
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Tuesday, 26 February 2019

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

  February 26, 2019    No comments
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.
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Application Lifecycle Management Market Research Report Analysis and Forecasts to 2023

  February 26, 2019    No comments
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.
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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 ...