Thursday, 20 June 2019

3D Sensor Market is Forecast to Reach US$ 2,556.6 Mn by 2026

According to a new market report pertaining to the 3D sensor market, published by Transparency Market Research, the global 3D sensor market is expected to reach US$ 2,556.6 Mn by 2026, expanding at a CAGR of 7.2% from 2018 to 2026. According to the report, the global 3D sensor market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 7.9% through 2026.

Need to improve performance of electronic devices driving the global 3D sensor market

Most 3D sensors enhance performance of consumer electronic devices including smartphones, laptops, cameras, and gaming devices, apart from many other automotive, and healthcare applications. The additional features provided by 3D sensors such as depth sensing, augmented reality in gaming devices, and some other significant features improves performance of these devices and offers better user experience. This has led to the growth in integration of 3D sensors in electronic devices which helps to drive the global 3D sensor market.

3D Sensor Market: Scope of the Report 

The global 3D sensor market is broadly segmented in terms of type, technology, end use, and region. By type, the global 3D sensor market is segmented into image sensor, position sensor, acoustic sensor, proximity sensor, and others. Among all the sensor types, the image sensor segment held the highest market share of 48.83% in 2017. Image sensors offer artificial intelligence in smartphones introduced by some of the leading players such as Apple. Apple has already taken the lead to include image sensors in their smartphones, and other companies are also following the same trend.

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Hence, the image sensor segment is anticipated to be the dominant segment with the highest CAGR of 7.9%. By technology, the global 3D sensor market is segmented into stereo vision, time-of-flight, structured sensor, infrared sensor technology, and hall technology. Among these technologies, time-of-flight contributed the largest market share of 37.18% in 2017 and is anticipated to dominate the market during the forecast period owing to increasing adoption in multiple applications. This is mainly due to much higher frame provided by time-of-flight compared to other technologies.

Based on end use, the market is segmented into consumer electronics, healthcare, aerospace & defense, automotive, industrial robotics, security & surveillance, media & entertainment, and others. Among the end users, automotive sector is anticipated to dominate the global 3D sensor market with the highest CAGR of 8.3% throughout the forecast period. 3D sensors are used in vehicles for real-time imaging in various applications such as passenger monitoring, autonomous driving, and to monitor driver attentiveness. This has influenced the use of 3D sensors inside vehicles which is resulting in increasing growth scale of 3D sensors in the automotive sector.

Slider Zipper for Packaging Market Witnessed To Take An Uptick In The Forecast Year 2028

Slider zippers are commonly utilized in primary packaging. Slider zippers, helps reinforce primary packaging which is done to preserve and protect the constituents of the package from contamination and damage. Slider technology employ a small sliding piece which helps in opening and closing the package. Apart from being light weight, these slider zipper for packaging ensures that the constituents of the package are completely sealed off from the environment.

Plastic pouches along with other packaging formats can easily be fitted with slider zippers. Slider zipper adds reclosability to the aforementioned packaging formats. Slider zippers can also be useful for the packaging of products or materials which require repeated access. Their reclosability adds only a small cost to the packaging, yet significantly increases the perceived value. Along with that, slider zippers for packaging greatly intensifies the convenience, portability and single-handed use.

Companies functioning in the slider zipper for packaging market are involved in a lot of research and development to find new applications for them. Among the major innovations in the market are the Fresh-Lock press-to-close zippers by Presto Products Company. The company has also innovated closure systems called Slide-Rite and Child-Guard child-resistant technology. Also, the companies in the Slider zipper for packaging market, to reduce the waste and encourage recycling, are looking for new ways to manufacture such zippers. With aforementioned developments in the slider zipper for packaging market, the sale of such slider zipper for packaging is expected to surge and provide positive push for the market in the years to come.

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Some of the key players operating in the global slider zipper for packaging market are – Tier I (Presto Products Company, The YKK Group, SVP Packing Industry Pvt Ltd., UVA Packaging, Layfield Group Ltd., Zip-Pak, Inc.), Tier II (Millennium Packaging & Marketing, Diamond Flexible Packaging, Olympic Zipper Limited, Fujian SBS Zipper Science & Technology Co.Ltd., Zhejiang Sandeli Zipper Co., Ltd., Goel Zippers, Ansun Multitech), Tier III (Guangzhou QLQ Enterprise Co.,Ltd., Zhejiang Dawei Zipper Co., Ltd., Kao Shing Zipper Co., Ltd., Lenzip Mfg. Corp., Euro-A Zipper Company Limited, W&T Company Inc., NEO Zipper Co., Ltd., and Ditta Giovanni Lanfranchi S.p.A.).

Future Prospects

The growth in the disposable income around the world is expected to entice the demand for slider zipper for packaging market as more and more people use them. Furthermore, the convenience these slider zippers provide to the end-users is also expected to be a major factor driving the market. Moreover, the change in lifestyle owing to the increasing urbanization is also projected to add to the demand for slider zipper for packaging market. While the market is expected to ascend in the next few years, there are certain challenges too. The difficulty in recycling the slider zippers for packaging is expected to offer resistance to market growth in the coming years.

Ultra Violet Glass Bottles Market | Key Development Opportunities Hidden In Emerging Economies

Ultra violet glass bottles, as opposed to the conventional glass bottles, offer a lot more advantages. Ultra violet glass bottles help in extending the freshness and potency of stored materials, contrasting to the conventional glass bottles which just store contents. Conventional glass bottles provide improper protection against visible light as compared to the ultra violet glass bottles which can extend the freshness of the stored material by blocking out the harmful spectrum of visible light responsible for degradation and decomposition while selectively allowing infrared and UV-A rays. These bottles can preserve goods ranging from six months to two years.

Ultra violet glass bottles are airtight, thus locking-in the freshness & fragrance inside them. In addition to that, ultra violet glass bottles are eco-friendly. Ultra violet glass bottles are fairly durable as they are made of special pigmented glass which is thicker than conventional glass bottles. They can easily survive most everyday carpet falls. Moreover, such bottles look aesthetically beautiful and premium, making them a great proposition for cosmetic and food companies. Compared to other packaging formats made of plastic, ultra violet glass bottles do not contain additives/chemicals that might influence the hardness, or the texture of material stored.

Companies operating in the ultra violet glass bottles market are involved in a lot of research and development to find new application for these bottles. Also, these manufacturers in the ultra violet glass bottles market, to reduce the waste and encourage recycling, are looking for new ways to create even lighter glass bottles. With aforementioned developments in the ultra violet glass bottles market, the sale of such ultra violet glass bottles is expected to increase and provide positive push for the market in the years to come.

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Some of the key players operating in the global Ultra Violet Glass Bottles market are – Tier I (Infinity Jars, MIRON Violetglass BV, JUVITUS), Tier II (PremiumVials, LA Container Inc., MONVERA GLASS DÉCOR, JZ), Tier III (New arts, QINGTEAN, Qingdao Xinte Packaging Co., Ltd., WELLBOTTLE, Ruipack, YM bottle, SDU, bottlecn, YB, F&C, Hongyuan, and Sheenland).

The increasing awareness about the advantages of ultra violet glass bottles is also anticipated to emerge as a major driver of growth. Their growing usage in medicine, food & beverage and cosmetics as these bottles can keep their constituents fresh and intact is also projected to boost the market size in the coming years. While the market is expected to spur in the next few years, there have been challenges too. Ultra violet glass bottles are typically more expensive than conventional glass bottles. Their high price is expected to hinder the growth of the market. Moreover, ultra violet glass bottles have low penetration rate in the developing world.

Medication Dispensing & Packaging Systems Market Forcasted for Accelerated Growth by 2026

According to various surveys that have taken place globally, it has been found that around 5% of the patients have to go to medical attention due to wrong consumption of medication. The automatic medication dispensing & packaging systems has provided an efficient solution for this concern by dispensing medication for one time intake in a sachet with the patient and medication details. Moreover, this adds great ease in handling a large volume of medication prescription in a much lesser time.

The automatic medication dispensing & packaging systems have evolved from the tabletop unit dose medication pouch packaging systems which contain a single small canister of tablets and dispense tablets in pouch according to operator’s instructions. Pharmacy automation technology, including medication dispensing & packaging systems market, is rising at a considerable pace majorly in developed countries of North America and Western Europe due to a large number of retail pharmacy chains operating regionally and handling a large volume of prescriptions.

Majority of the players in global medication dispensing & packaging systems market are focusing on establishing a strategic partnership with end-users such as retail pharmacy chains, hospital pharmacies, long-term care pharmacies and others. Regarding technological advancements, the operating speed of medication dispensing & packaging systems has grown from 2,400 pouches to 18,000 pouches per hour. This has enabled pharmacies to minimize workforce and eliminate human errors in serving prescribed medication to the consumer.

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Integration of medication verification systems has added great operating accuracy and consumer satisfaction with the service provided by the pharmacy. Advanced operating systems incorporated in the medication dispensing & packaging systems has enabled usage of various application software that performs several patient and medication related analysis and stores information for future reference. These developments has propelled the medication dispensing & packaging systems market.

The medication dispensing & packaging systems market is dependent on the investment capability and growth of the pharmaceuticals and healthcare industry. Therefore, to arrive at the regional market share of the global medication dispensing & packaging systems market, all the countries in each region are studied with respect to the pharmaceuticals market and trade data, GDP in each country which indicates the investment capability of consumers and pharmacies, availability of raw materials and machinery manufacturing industry, and few other factors are studied and given suitable weight to arrive at the market share of each region.

Hobbocks Market Size & Share Set for Accelerated Growth by 2028

Over the past few decades, packaging manufacturers are not only evolving in terms of quality and quantity of goods produced but also witnessing dynamic shift in terms of packaging, storage and distribution and many more. The global packaging industry has undergone significant transformation in the last two decades, setting high standards for product quality and integrity year on year. Industries such as chemical, pharmaceuticals, food & beverage are constantly focusing on strengthening the supply chain capability in order to deal with the increase demand. For transporting heavy goods such as building materials and chemical products, hobbocks are one of the ideal choices, which are preferred by consumers.

Robust design of hobbocks ensures the safety of the product as well as minimizes the risk of damage during transportation. The rubber lid along with the seal, ensures a high degree of sealability and storage stability. On the basis of material, the global hobbocks market can be classified into tin and plastic. Plastic is further sub segmented into HDPE, PP and PE. On the basis of end use industry, the global hobbocks market can be categorized into chemical industry, pharmaceutical industry, and automotive industry, among others. On the basis of product type, the global hobbocks market can be segmented as cylindrical hobbock and conical hobbock.

Robust growth in the pharmaceutical and chemical industry sectors is anticipated to drive the growing demand for hobbocks. Hobbocks finds the major application in the chemical and automobile sector due to their attractive attributes. Furthermore, the growing petrochemical industry is expected to fuel the demand of the global hobbocks market. Growing demand in end use applications such as in chemical industry, automobile and pharmaceutical industry is anticipated to create significant opportunities of the global hobbocks market.

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Continued R&D innovations by the chemical manufacturers is creating the new application in the chemical industry which ultimately leads to rise in demand of the global hobbocks market. There are several other factors which lead to increase in demand of the hobbocks such as perfect for high volume packaging, easy to open and close, minimize risk damage during transportation and tamper evidence, among others.

Printer Ribbons Market to Witness Huge Growth by 2028

Printer ribbons perform functions similar to the function of an ink in conventional printing. Printer ribbons are generally used in thermal transfer printing technology. In thermal transfer printing technology, a multi-layered ribbon in rolled form, is placed in-between a printhead and a substrate or print media. Strutually a printer ribbon is made of many layers. The top layer is a transparent film, the subsequent layers are inks and on the opposite side of the ribbon a protective layer known as blackcoating is applied.

During thermal transfer printing process, heat from a printhead is applied to the backside of a printer ribbon i.e the blackcoating surface, the wax or resin that is coated on front side of the ribbon melts and transfers the ink elements from front side of the ribbon to a substrate or print media. There are various types of print media such as textile materials, cards, synthetics, paper among other materials. A printer ribbon is used for marking price of a product, expiry dates, composition of a product, batch number and other relevant product information.

Printer ribbons are important as they are used in all industries where marking and labelling is requied. Without good quality print on a labels, it is difficult to trace a product along its life cycle. The lable of a product is the only link among a manufacturer, distributor, dealer, retail and finally end-users. Among various printing process, thermal transfer printing is a prefered method for printing labels in industry. The quality of a label depends on printer, print media and last but not the least on the type of printer ribbons we choose.

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In full wax printer ribbon, the ribbon is coated with an ink made of wax which has a low melting point. This is the most common and widely available printer ribbons in the world. These ribbons are also known as resin-enhanced wax thermal transfer ribbons. Wax ribbons are generally used in general printing, retail labeling and others. In full resin ribbons, the ribbons are coated with pure resin which has a high melting point. Full resin printer ribbons dissolve in a print media and the final printout is very durable in nature.

They are generally used in apparel and textile labelling, durable products labelling among others. Among printer ribbons, full resin printer ribbons are most expensive. The wax-resin ribbons are coated with a mixture of wax and resin and have a melting point in between full resin and full wax printer ribbons. They are generally used in automotive labeling, export-import industry among others. Printing of full wax printer ribbons are less durable than full resin printer ribbons.

Type-D Bulk Bags Market by Trends, Dynamic Innovation in Technology and Key Players

Bulk bags are industrial containers which are used to store and transport granular products in large volume. Type-D bulk bags are also known by the name of antistatic bulk bags, as it consists of antistatic fabric. Type-D bulk bags are used to transport flammable powders. Type-D bulk bags consist of conductive material along with the fabric which allows the bag to discharge the electrostatic charge to the ground and enable the safe operation even in the presence of flammable substances. One precaution needs to be followed while using type-D bulk bags is that it must not be used when the surface of the bulk bags is contaminated or coated with the conductive material such as water and grease. Type-D bulk bag does not require grounding.

Global Type-D bulk bags market: Dynamics

Type-D bulk bags are extensively used in industrial material handling or the transportation which occurs in the bulk quantities. Growing safety awareness and government regulations are the key factors driving the growth of the global typed bulk bags market. Type-D bulk bags are used to transport the flammable powders along with the flammable solvents and gases.

Growing agriculture activities, which demand for higher utilization of fertilizers and chemicals, growing infrastructure development, and the mining activities are fueling the growth of the global type-D bulk bags market. As compared to the type-C bulk bags, these bags need to be grounded for discharging the charge. To overcome this challenge type-D bulk bags were introduced which has proven to be a restrain for type c bulk bags.


Global Type-D bulk bags market: Company and Industry Level Trends
  • On 31 July, 2017 Conitex Sonoco USA launched BulkSak. It was a web inventory program which provides the consumers access on demand to 70 types of ready to ship FIBC bags.
Global Type-D bulk bags market: Key players

Some of the key vendors that currently opearte in the type-D bulk bags market and partitions market across the globe can be segmented into three-tiers based on their market share as follows:
Tier-1 (Include market players with more than US$ 10 Mn)
  • King Bag and Manufacturing Company
  • Rishi FIBC Solutions PVT. Ltd.
  • Jumbo Bag Ltd.

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