USB Charger Market to Record an Exponential CAGR by 2027

Transparency Market Research, in its new research study, lays bare persuasive intelligence and insights into the evolving landscape of the USB charger market for readers to develop a deeper understanding of the market behavior in 2019 and beyond.

USB Chargers - Decoding the Evolution & Future Growth

USB chargers have experienced a prolonged and winding road of evolution and adoption. Revenue from the USB charger market closed in on a valuation of over US$ 29 Bn in 2018. A dramatic rise in the demand for fast-charging solutions is poised to get even more intense in the USB charger market in due course, which will act as a harbinger signaling the influx of new product innovations and developments.

Disruptive Trends Shaping the Future of USB Charger Adoption

The USB type C charger is emerging as a golden standard for quick charging and the simultaneous transfer of video and data. With USB type C interfaces making their way into multiple gadgets, including smartphones, laptops, automobiles, and others, manufacturers are endeavoring to launch new USB type C charger models with advanced functionalities. Also, the USB charger market is seeing a transition to multi-port variants, for the added convenience of charging multiple devices at one go.

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Manufacturers’ Winning Strategies to Unlock Profits

In a bid to effectively respond to the ever-evolving market dynamics, companies in the USB charger market are focusing on realigning their strategies. Manufacturers are focusing on making their innovation processes highly agile, which will also help them gain a wide range of perspectives to enrich their 'innovation gene pool'. For instance, Chinese smartphone giant Meizu claims that, its 'Super mCharge' technology, which was officially launched in 2018, can seamlessly recharge batteries in as little as 20 minutes.

Analyzing the demand for fast charging speeds and high charging efficiency, manufacturers are launching their own type C charger models with advanced features. For instance, Huntkey, a leading power solution provider, is developing a new model of portable 90W type C for overseas markets. Apart from superlative charging efficiency and best-in-class quality, the portable design is a key USP of this new product launch by Huntkey. In addition, manufacturers are also working on offering space-efficient and heat-resistant designs of USB chargers, with the sole objective of scaling up their product positioning. Companies in the USB charger market are also investing in supplier-retailer relationships that go beyond ‘day-to-day’ business transactions, and promise long-term profitability for both the parties.

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Automotive Windows and Exterior Sealing Market Research and Analysis 2019-2027

The report identifies volatility in the prices of rubber as a crucial challenge that is putting the profitability of market players at stake. To put this into perspective, the low production of natural rubber coupled with vagary trade implications has engendered synthetic rubbers. However, synthetic rubber is manufactured using raw materials such as refining oil, coal, and other hydrocarbons, whose prices are directly associated to oil prices.

Besides the use of raw materials that are affected by frequent fluctuations in their prices, every variant of rubber comprises different chemicals, which further demands skilled labor for the manufacturing of vehicle sealing. In addition, the manufacturing of synthetic rubber is seen as complex and cost-intensive, as it requires a manufacturing setup with proper equipment to process various chemicals. Collectively, variability in raw material prices and cost-prohibitive manufacturing process is projected to exert an influence, in terms of fluctuation, on the cost of automotive windows and exterior sealing.

Glass Run Channel to Remain Component of Choice

The glass run channel holds a dominant share in the automotive windows and exterior sealing market, which is estimated to equal ~23%, among other vehicle sealing components. The key indicator of the marginal rise in the sales of these components is the increasing demand from carmakers for the production of SUVs. Since SUVs have larger glass frames and windshields, they require high protection from external wear and tear, thereby leading to the high adoption of glass run channels.

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Manufacturers strive to distinguish their glass run channels by focusing on coating materials, which offers a smooth finish to the surface of glass. To add to that, glass run channels are manufactured with cuts on their entire length, coupled with slits and water drain holes, to meet the standard as well as custom requirements of carmakers.

Why Developing Countries of Asia Pacific Hold High RoI Potential

Among other regions, the TMR study finds that, Asia Pacific holds promising opportunities for the automotive windows and exterior sealing market. Automakers in Europe and North America are encountering immense pricing pressures in terms of labor cost and operational cost. To weaken this influence, manufacturers operating in these developed countries are looking at Asia Pacific in general, and countries such as China, Japan, and India, in particular, for outsourcing services for the production of vehicles sealing and increasing their profitability.

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Instrumented Bearing Market Progresses for Huge Profits During 2020

In the latest market study offering by Transparency Market Research (TMR), the global instrumented bearing market is projected to reach a valuation of US$938.4 million by 2020. The report, titled “Instrumented Bearing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, states that the market, which had a valuation of US$523.3 million in 2013, will register an 8.6% CAGR from 2014 to 2020.

The report analyzes the development of the global instrumented bearing market on the basis of product type, applications, and regional markets.According to the report, increase in automobile production across the globe is the primary reason driving demand for instrumented bearings. These bearings have application in automotive systems such as electronic stability control and antilock braking systems (ABS), among others.

In addition to this, perpetual demand for instrumented bearings from the aerospace and defense industries contributes significantly to the growth of the instrumented bearing market. Instrumented bearings are vital components in the operation of several machines directly related to process efficiency and energy saving. Thus, the instrumented bearing market is growing due to the growing importance of these two attributes in industry operations.

By product type, in 2014, the instrumented ball bearings segment registered the highest market share, contributing US$297.1 million to the overall market. Due to increasing applications of instrumented ball bearings in components of motor engines, railway coaches, consumer electronics, automotive wheels, and hard drives, amongst others, the segment is expected to dominate the global market in the years to come.

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The report divides the global instrumented market into four broad regional markets, namely North America, Asia Pacific, Europe, and Rest of the World (RoW). Among all, Asia Pacific dominated the global market for instrumented bearings in 2014 and the region is expected to lead until 2020. In this region, increasing automobile production has been the major factor driving the instrumented bearing market.

In addition to this, economic development in countries such as China, India, Taiwan, and Malaysia has led to increasing manufacturing activities, which in turn is driving demand for instrumented bearing to operate machinery. North America and Europe trail Asia Pacific in terms of market revenue share in the global market for instrumented bearings. These two regions collectively held more than 40% of the market revenue in 2014.

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Self-level Screeding Systems Market foreseen to grow exponentially over 2019 – 2027

• Self-level screeding systems are used to form a level surface on bases such as tiles, carpet, wood floorings, floor epoxy paints, and natural stone. It is a system which is often used to encase underfloor heating pipes and as a finishing product on top of a hard concrete or polymer base.
• Self- level screeding helps as a loading layer, which offers additional strength and flatness to the floor system. Self- level screed is mainly available in two forms: flowable and pumpable.
• Self- level screeding systems are commonly used to level floor levelling compounds, which are mainly cementitious and latex. In addition, self- level screeding systems are used to level pour substrates or the final layer on top of a screed, so as to enable easy fixing of tiles or vinyl on the floor.
• Self- level screeding systems are highly useful in providing a smooth substrate on which to lay the final aesthetic layer.
• Self-level screeding has become popular across the world due to growing demand for rapid building construction and better working conditions.
• Self-level screed is a high performance epoxy leveling compound, which can be installed to any thickness for a smooth and dust free surface.

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Key Drivers of the Global Self-level Screeding Systems Market

• The global self-level screeding systems market is projected to expand significantly in the near future due to rapid growth in commercialization and industrialization in developed and developing countries.
• Rise in residential applications are endorsed to drive the demand for self-leveling screeding systems during the forecast period.
• Rise in construction activities in developing nations is the major factor expected to drive the demand for self-level screeding systems during the forecast period.

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Two-wheeler Brake Pads Market Scope Analysis 2020 – 2027

• Brake pads are an integral component in two-wheelers that have disc brakes. Brake pads are highly susceptible to wear and tear due to friction; consequently, the demand for durable brakes pads is rising
• Manufacturing of brake pads require a material that possess high co-efficient of friction. Significant expansion of the two-wheeler brake pads market is attributed to an increase in the demand for effective braking at high speeds.

Key Drivers of Global Two-wheeler Brake Pads Market

• Rising demand for two-wheelers in several countries across Asia Pacific and Africa including India, China, those in ASEAN, Nigeria, Egypt, and South Africa, is likely to drive the demand for two-wheeler brake pads significantly
• Several key players manufacturing two-wheeler and two-wheeler components, such as braking system and tires, are increasing investments in developing countries of Middle East and Africa.

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• Demand for safety solutions in two-wheelers has been rising consistently the last few years. Demand for safety is for both, rider and pedestrians. The braking system regulates the speed of the vehicle in emergency situations and prevents accidents. The sudden appearance of an obstacle in front of the two-wheeler reduces the distance and reaction time available for the rider to apply the brakes. An efficient and effective braking system is useful in such a situation.

Organic Material Segment to Offer Significant Opportunities

• Metal is a widely preferred material for brake pads; however, this trend is changing due to significant braking effect, which cannot be achieved by metal brake pads
• Organic brake pads are highly flexible and provide more comfort, i.e., they possess smooth working during the brake application. Therefore, organic pads are widely incorporated in latest vehicles. However, the organic brake pads is expanding at a moderate pace, owing to issues associated with the wear of organic brake pads.

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Connected Tire Market Review With Forecast Research Report 2019 – 2027

Transparency Market Research has published a new report on the global connected tire market for the forecast period of 2020–2030. According to the report, the global connected tire market is projected to reach ~US$ 200 Mn by 2030, expanding at a CAGR of ~75% during the forecast period of 2020 to 2030.

Global Connected Tire Market: Overview

• According to the report, the global connected tire market is expected to expand significantly during the forecast period, driven by increased competition among tire manufacturers to offer unique solutions.
• The use of connected tires in vehicles is estimated to help tire manufacturers pitch to consumers the aftermarket replacement concept. Rising competition in the aftermarket and demand for consumer service are prompting tire manufacturers to develop intelligent and digital-friendly tires, such as connected tires.
• The rising trends of vehicle electrification and connected vehicles, globally, are estimated to boost the adoption of connected tires.
• Key players such as Pirelli, Michelin, Bridgestone, and Goodyear are successfully conducting pilot projects on connected tires and are expected to lead the global market.

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Expansion of Global Connected Tire Market

• The advent of autonomous and semi-autonomous driving is likely to propel the adoption of connected tires. The rising demand for digitalization and growing trends of mobile tethering and vehicle connectivity are estimated to boost the adoption of advanced vehicle tires, such as connected tires.
• Shift in the vehicle ownership trend from personal use to shared mobility is raising the number of miles driven using a set of tires. Tires are expected to deliver higher performance, and hence, there is the need to monitor tire health and predict the maintenance schedule in order to avoid unexpected failure or breakdown.
• The connected tire market in North America is anticipated to expand at a considerable pace, owing to the consumer acceptance of advanced technologies and demand for connected vehicle systems.

Based on rim size, the global connected tire market has been classified into 12" – 17", 18" – 21", and > 22". The 18" – 21" segment is anticipated to hold a major share of the connected tire market by 2030, owing to the rising consumer preference for larger wheels and high clearance vehicles such as SUVs that have larger wheels. The > 22" segment is anticipated to expand at a steady pace, due to the rising demand for connected tires in freight and haulage trucks.

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Automated Optical Metrology Market Is Set For A Rapid Growth

KLA Tencor Corporation, ASML Holding N.V., and Steinbichler Optotechnik GmbH, the three top providers of automated optical metrology services, collectively held a share of 39.4% of the market value in 2014, states Transparency Market Research (TMR) in a new report.

The key competitive strategy employed by most top players in the automated optical metrology market is driving company growth through constant product innovation and development. Transparency Market Research states that innovation for new products is a necessity in this market to maintain a strong foothold within its stiff competitive landscape. Apart from this, companies are also focusing on mergers and acquisitions. Close to half the market shares were held by regional players in 2014, and key players can look for opportunities in regional expansion through this fragmented set.

Industries Pull in Advanced Automated Optical Metrology Solutions to Comply with Measurement Standards

“The lack of measurement standardization within any industry can be extremely detrimental when it comes to trade,” states a TMR analyst. “As such, most industries are striving to keep up with the market growth by inculcating the measurement standards to ensure high quality of products that can be exported.”

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Quality control, measurement, and inspection have thus become a core necessity in all manufacturing processes. The International Bureau of Weights and Measures is one such organization that is responsible for fixing measurement standards on an international scale.

All companies affiliated with these industries must adhere to these standards to ensure high quality product quality, therefore ramping up the demand for automated optical metrology.

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