Global Flexible Display Market to attain US$47.892 Bn by 2025 end

The flexible display market features an increasingly competitive landscape and several globally prominent players in the market are seeking new growth avenues. Transparency Market Research (TMR) observes that one of the foremost strategies key companies have been adopting over past several years is making sizeable investments in mergers and acquisitions. In addition, they are focusing on consolidating their geographic reach, in order to strengthen their shares in the global flexible display market. Top players in the global flexible display market are also engaged in unveiling new technologies in order to expand their product lines. Furthermore, a growing number of players are focusing on bringing technological improvements and advancements in flexible displays, in the hope of substantial competitive gains, notes TMR.

Given the enormous prospects in various end-use industries, the global flexible display market is expected to garner a phenomenal CAGR of 33.5% during 2017–2025. The market stood at US$4.5 bn in 2016 and the opportunities are projected to reach a valuation of US$47.892 bn by 2025 end.

Among the various categories of form factor, the curved display segment accounts for the leading share in the global flexible display market. The prominent demand it serves is attributed to its capability for offering optimal visual design, especially suited to consumers attracted by panoramic images. Regionally, North America presently holds the sway on account of presence of several players of global standing. The regional market for flexible display is expected to rise at robust growth rate and by 2025 end is forecast to attain worth of US$18.2 billion.

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Technological advances in End Products’ Design and Functionalities to bolster Growth

Key evolutionary dynamics in the global flexible display market are largely influenced by the pace of technological advances in end products’ design and functionalities. The constant pace of advances is leading to high-end displays with applications in consumer devices such as tablets, smartphones, television, and a wide range of various electronic gadgets. Efforts by players from varied industries to develop cutting-edge flexible display technologies are driving developments in the flexible display market.

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Refrigerated Display Cases (RDC) Glasses Market Set for Rapid Growth and Trend by 2025

The intense rivalry between local and international vendors has kept the global refrigerated display case (RDC) glasses market fragmented, states a new research study by Transparency Market Research (TMR). Currently, the leading players are competing on the basis of technology. However, they are likely to focus more on developing their distribution channels in the years to come. Beverage-Air Corp., Hussman International, AHT Cooling Systems GmbH, ISA Italy S.r.l., Metalfrio Solutions S.A., Kysor/Warren, SRC Refrigeration, and REMIS GmbH are some of the prominent vendors of refrigerated display case glasses across the world, states the market report.

As per the estimations of this report, the global market for refrigerated display case glasses is likely to rise substantially at a CAGR of 5.70% during the period from 2017 to 2025 and attain a value of 187,525 mn sq. mtr by the end of the period of the forecast. Owing to their efficiency, double glazed glasses are witnessing significantly high demand and the trend is likely to remain so over the next few years.

In terms of the region, Asia Pacific leads the worldwide market for refrigerated display case glasses, thanks to the significant increase in the retail and food processing industry, augmenting the sales of refrigerated display case glasses in this region. The scenario is likely to remain so in the years to come, notes the research study.

Technological Advancements to Boost Market’s Growth

“The increasing usage of refrigerated display cases as cooling equipment in a number of industries, such as bakery, meat, pharmaceuticals, and hospitality, is fueling the demand for RDC glasses across the world,” says a TMR analyst.

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The rising demand for storage units, thanks to a proliferating dairy and ice cream, meat and seafood, and other frozen food supply chains, is also instrumental in the significant growth of the global market for RDC glasses. Going forward, the market is likely to gain from the technological advancements, leading to sophisticated refrigeration products, in the years to come, states the research report.

High Price Associated to RDC Glasses to Hamper Market

Overall, the future of the global market for refrigerated display case glasses looks bright; however, the high price associated with them is anticipated to hamper the growth of this market over the next few years. Nonetheless, the advent of anti-reflective and low emission coatings is likely to drive this market substantially in the near future. The market will also benefit from the increasing usage of insulating glass units, specially designed to keep the refrigeration units cools and effective, in the near future, reports the market study.

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Synthetic Rubber to Remain Vital Component of Mining Hoses Market

The presence of a handful of large players in the global mining hoses market that hold key market share features a consolidated yet competitive vendor landscape, says a recent market study by Transparency Market Research (TMR). A noticeable trend observed among key players is focus for a diversified product portfolio by means of innovative technologies to up the ante against competitors. Topnotch players are also vying to tap growth opportunities in under-penetrated markets in the emerging economies of Asia Pacific.

Some of the prominent companies operating in the global mining hoses market are Trelleborg Group, Metso Corporation, Continental Group, Weir Group plc, Novaflex Group, TESS, Hose Solutions Inc., Eaton Corporation, Goodall, and ALFAGOMMA Spa among others.

As per estimates of the TMR report, the global mining hoses market is expected to expand at a CAGR of 7.30% during the 2017-2025 forecast period, for the market to present an opportunity worth US$483.4 mn by 2025.

Among the various transporting media segments, the slurry segment holds the leading share in the overall market. Synthetic rubber segment leads over natural rubber segment on the basis of material type in the mining hoses market. Geography-wise, Asia Pacific is a key revenue contributor to the global mining hoses market.

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Driven by a number of favorable factors, the global mining hoses market is experiencing steadfast growth over the last couple of years. First and foremost, the global mining industry is witnessing a positive growth outlook after the recovery of the global economy post the economic recession of 2008-09. The surge in production of various minerals such as copper, iron, and gold to serve various end-use industries is acting in favor of the growth of the mining hoses market globally. Further, initiatives from several governments to revitalize the mining industry is indirectly benefitting the mining hoses market.

Mining hoses find application in a number of intermediate processes during the mining of minerals. This includes heavy material handling and transportation of slurry or industrial water/alkali among others. Additionally, it is also used for the pumping of extremely abrasive materials from mining sites. To serve this, mining hoses are manufactured from high quality natural or synthetic rubber that are based on pressure, temperature, and dimensions that vary according to mining operations.

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Energy Efficient Lighting Technology Market to touch US$300 bn by 2025 | TMR

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.

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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.

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Remote Browser Market – Rising Demand for Chrome Browse to Bode Well for Market

The rising demand for improved internet connectivity and recent technological advancements harvest immense opportunities for the global remote browser market. Besides rising growth rate, the market is likely to witness competition intensifying even further in the coming years. The booming market has attracted several small and medium-scale secure browsing solution providers over the last few years. Transparency Market Research (TMR) expects a flurry of new entrants in the coming years, indicating toward a robust future for the market. Some of the top market players are eyeing on strengthening their footprint by acquiring smaller yet promising enterprises. Besides this, the market has witnessed several mergers and strategic collaborations in the past years intended at given businesses impetus.

Several market players are strategizing to work with secure browsing solutions. Some of the other companies are focusing toward partnerships to offer networking and improve cyber security solutions. Through this, the companies are aiming at emerging at the market’s fore. According to TMR, Tucloud Federal Inc., Symantec Corporation, Cyberinc, Bomgar Corporation, Citrix Systems, Inc., Light Point Security, Ericom Software, Bromium, Inc., Authentic8, Inc., and Menlo Security are some of the renowned companies operating in the global remote browser market.

TMR has pegged the global remote browser market at US$1,026.8 mn in 2016. Exhibiting an exceptional CAGR of 19.6%, the global market is forecast to reach US$5079.8 mn by the end of 2025. Regionally, North America held the largest market share in 2016 and is likely to remain the dominant regional segment through the course of the report’s forecast period. Soaring threats of cyber-attack and escalating demand from the US will aid the market’s expansion in North America. Among end users, the BFSI segment is likely to exhibit high demand in the coming years.

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Market to Gain Impetus from Rising Investment in Advanced Technologies

In the last few years, the demand for remote browsing solutions has risen as they provide an effective platform to protect network and enterprise systems from web-borne attacks. This is achieved by isolating end users’ web browsing activities onto a remote virtual server. Various factors have supported the global remote browser market in achieving robust growth over the last few years. For instance, the market has significantly benefited from the presence of a well-established companies and emerging players, alike. Currently, players can be seen investing in advanced technologies.

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IP Telephony Market to Witness Considerable Rise in Demand for Softphones

Some of the leading telecommunications and IP telephony providers are currently making efforts to offer advanced IP phones to consumers. By doing so these players aim for a strong footprint in the global IP telephony market, finds Transparency Market Research (TMR) in a new study. Moreover, cashing in on the latest technologies, several players are offering improved cloud-based telephony systems. Besides this, collaborations are a part of strategic activities conducted by various companies to attain lead in the global IP telephony market. For instance, in May 2017, one of the prominent telecommunications service providers – Optus collaborated with Broadsoft, which specializes in cloud software, to provide improved cloud-based telephony systems for medium and small-sized businesses, which offer fixed line services and hybrid mobiles.

The effect of these strategies adopted by the leading players can be noted in the overall market’s trajectory. According to TMR, the global IP telephony market is likely to showcase a positive 8.8% CAGR over the forecast period starting from 2017 to 2025. At this pace the global IP telephony market, which stood at US$29.52 bn in 2016, will value US$63.34 bn by the end of 2025. By component, the softphones segment is likely to remain strong, exhibiting a CAGR of 9.4% through the aforementioned forecast period. Regionally, North America held the highest share in the global IP telephony market in 2016. Besides this, the market is also expected to witness lucrative prospects in Asia Pacific.

Rising Uptake of Softphones to Augur Well for the Market

The market will increasingly benefit from the rising adoption of softphones and the increasing demand for VoIP services. As more companies adopt cloud technology to spearhead technological advancements in their businesses, the demand for IP telephony will spike in response. Given the scenario, experts are of opinion the global IP telephony market will considerably benefit from the modernization of network infrastructure, the increasing use of high speed communication, and the rising adoption of VoIP services, especially in the banking sector.

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To capitalize on the prevailing opportunities, IP telephony and telecommunication providers are seen offering diverse advanced IP phones to consumers. Besides this, several companies have offered enhanced cloud based telephony systems to attain a sustainable lead in the global telephony market.

Opportunities Witnessed across Emerging Nations to Give Market Significant Impetus

Meanwhile, the market is expected to gain momentum in response to the attractive opportunities offered by Japan and emerging nations such as India in Asia Pacific. The presence of a large pool of IP telephony service providers who offer advanced telephony services at affordable prices will give impetus to the overall market in the coming years. In other parts of the world the market will exhibit a higher pace as businesses effectively commence optimizing their employee productivity, UC frameworks, and the overall efficiency of their day to day operations.

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Smart Irrigation Market Gaining Demand in Emerging Economies and Future Growth

The global smart irrigation market is intensely competitive, which is expected to up over the years, finds Transparency Market Research (TMR). The pace of new product developments and innovations in the global smart irrigation market heavily influences the contours. A majority of players in the global smart irrigation market consider spending on research and development activities as a worthwhile strategy to strengthen theirs shares in the global smart irrigation market. Top players in the global smart irrigation market include Telsco Industries Inc., The Toro Company, Rain Bird Corporation, Orbit Irrigation Products Inc., and Rachio Inc. The growing number of mergers and acquisitions in the smart irrigation market in various parts of the world is a key trend expected to escalate competition.

The global smart irrigation market is projected to reach a worth of US$2.32 billion by 2026 end. The market is predicted to register at an impressive CAGR of 13.10% during 2017–2026.

Among the various types of components, smart irrigation controller systems account for a prominent sales share in the global smart irrigation market. The segment is expected to account for a sales worth of US$900 Mn by 2026 end. The prominence is attributed to the rising role of controller systems in smart irrigation.

On the regional front, Asia Pacific excluding Japan (APEJ) is expected to rise at the most attractive year-over-year growth over the assessment period. This is attributed to the rapid uptake of various smart irrigation technologies in several of it emerging economies.

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Growing Application of Smart Irrigation Technologies for Water Conservation catalyze Growth 

The global smart irrigation market is driven by the need for bringing advancements in food production in various developing and developed regions. The intensifying need for reducing the reliance of agriculturists on rainfall for water needs in irrigation in developing economies has offered a big momentum to the growing significance of such technologies. In addition, rising need for minimizing excess water use in the agriculture sector is expected to bolster the need for smart irrigation technologies. These technologies enable agriculturists to monitor soil temperature and soil moisture, which helps in correctly estimating water needs of plants. Furthermore, the demand or smart irrigation systems is propelled by growing awareness about several long-term benefits of smart irrigation on soil quality and agricultural yield.

The global smart irrigation market is expected to garner a large gain from the rising adoption of an array of wireless communication systems and sensors. Constant technological advances in networked sensors and microcontrollers used in smart irrigation systems are anticipated to boost the market. Substantial adoption among agricultural professionals world over is expected to accentuate the growth.

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