Automotive Emission Control Devices Market Strategics Assessment 2027

• Strict and stringent regulatory norms are being enforced worldwide since the signing of The Paris Agreement in 2016 to fight climate change; for instance, adoption of Bharat Stage-VI Emission Standards in India, Euro Standards in Europe, National Ambient Air Quality Standards in the U.S., etc.
• Air pollution is a major contributor to climate change. According to the Union of Concerned Scientists (UCS) USA, heavy vehicles comprise approximately 5% of the total number of vehicles globally and are responsible for more than 25% of the total emission. These emit CO, CO2, NO2, hydrocarbons, etc. These gases are harmful for the environment and leading to climate change. Emission control devices convert harmful emissions into non-hazardous gases and then release them into the atmosphere. The rise in demand for emission control devices can be attributed to their mandatory installation in vehicles as per government regulations. This indicates higher requirement for advanced technologies involving emission control devices.

Key Drivers of Global Automotive Emission Control Devices Market

• According to the U.S. EPA, the U.S. accounts for 30% of the world’s on-road vehicles that contribute 50% to the world’s total vehicle emissions. In 2008, China became the highest CO2 emitter, followed by the U.S., EU, India, and Russia. In 2016, post the Paris agreement, these countries have taken initiatives to reduce CO2, NO2, and other emissions to fight climate change. In order to achieve control over emissions caused by vehicles, there is an increase in demand for new and more effective emission control devices and technologies. For instance, nowadays, vehicles are equipped with several IoT devices powered by Artificial Intelligence (AI). The development of electric emission control devices powered by such systems can be considered as a growth opportunity.
• Emissions are directly proportional to fuel consumption. For instance, a diesel car emits 95 g CO2 per 3.7 liters of diesel per 100 km, while petrol car emits same amount of CO2 per 4 liters of petrol per 100 km. Hence, emission control devices are used to improve fuel efficiency while reducing emissions.

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Conventional Vehicles Need Emission Control Devices

• Conventional vehicles use gasoline and diesel as fuel and are one of the key contributors of CO2, NO2 emissions causing air pollution. Regulatory authorities have laid down regulatory norms and pollution control policies on use of old technologies in conventional vehicles in order to curb air pollution.
• Emission control devices help reduce harmful emissions from conventional vehicles

Concept of Shared Vehicles to Hamper Market

• Vehicle sharing platforms, such as UberPOOL, Lyft, etc., allow passengers to share a vehicle with other passengers. OEMs have collaborated with companies, including Mobileye and Uber, among others, in order to develop and launch autonomous vehicles, which will be driverless and allow car sharing. The number of individual vehicle sales, owing to cheaper traveling offered by car sharing is expected to decrease. These factors are likely to hamper the automotive emission control devices market.

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New Growth Opportunities In Fully Automatic Beverage Machines Market

• The global fully automatic beverage machines market was valued at ~US$ 6.7 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The global fully automatic beverage machines market is expanding significantly, in terms of size and value. The demand for out-of-home (OOH) coffee is fueling the need for fully automatic coffee vending machines and other fully automatic beverage machines.
• The fully automatic beverage machines market in Asia Pacific is growing rapidly, as a result of urbanization and development in mid-sized cities (tier II or tier III), expansion of a number of outlets/local coffee chains into multinational companies, and the easy availability of products.
• The fully automatic beverage machines market in Europe accounted for ~40% share of the global fully automatic beverage machines market in 2018, followed by Asia Pacific and North America. The Europe fully automatic beverage machines market is anticipated to maintain its dominance during the forecast period. This can be attributed to the presence of world leading manufacturers of fully automatic beverage machines in the region.

Fully Automatic Beverage Machines Market: Driving Factors

• Increase in the demand for fully automatic beverage machines from universities, colleges, and offices in Asia Pacific countries is fueling the growth of the fully automatic beverage machines market in the regions. The installation of fully automatic beverage vending machines in colleges in China is increasing at a fast pace, and is likely to grow during the forecast period. The growth potential of the OOH coffee segment is evident, with Coca-Cola completing the acquisition of U.K.-based global coffee brand 'Costa Coffee' from Whitbread PLC for US$ 5.1 Bn on January 3, 2019.

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• Fully automatic vending machines are a prominent channel through which Costa Coffee is consumed across the world. The company had over 8,000 automatic vending machines to serve coffee. Thus, rise in the global demand for OOH coffee is fueling the demand for fully automatic coffee and other beverage vending machines across the world.

Fully Automatic Beverage Machines Market: Key Challenges

• The taste preferences of consumers for beverage are changing with respect to geography and demography, thus restraining the fully automatic beverage machines market.
• It has been observed that, the population in North America and Europe prefer to purchase healthy drinks from fully automatic beverage machines. However, carbonated soft drinks are popular in other regions.
• Manufacturers of fully automatic beverage machines are selling different products as per region to increase their market reach.
• The manufacturing cost of fully automatic beverage machines is high, and selling different types of fully automatic beverage machines in different locations has become a challenge for them.

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Termite Bait System Products Market by Latest Trends, Growth Factors, Key Players and Forecasts 2027

According to a new market report published by Transparency Market Research on the termite bait system products market for the forecast period of 2019-2027, the termite bait system products market is expected to reach a value of ~US$ 2.8 Bn by the year 2027.

Global Termite Bait System Products Market: Overview

• The global termite bait system products market was valued at ~US$ 1.8 Bn in 2018 and is expected to expand at a CAGR of ~5% from 2019 to 2027. The market is expanding significantly in terms of value. Growing termite damage in corporate and residential applications is driving the growth of the market.
• The termite bait system products market in Asia Pacific is growing rapidly. Technological advancements coupled with increasing investments by foreign players are driving the growth of the termite bait system products market in the region.
• North America is the largest termite bait system products market, accounting for ~40% share of the global market in 2018. The rising demand for pest control products coupled with growing consumer awareness about the ill-effects of chemical products is driving demand in this region.

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Termite Bait System Products Market: Driving Factors

• Property owners need to place trap stations, which are safe for people and pets. Households prefer to use environment-friendly solutions to deal with termite-related problems.
• Apartments in high-temperature regions require long-term protection from termite problems. Thus, the usage of termite bait system products is increasing.
• Various strategies utilized to control termite population include liquid chemical barriers and baiting stations. Liquid chemical barriers such as anti-agents are utilized to create hindrance around and under the structures to square potential courses of termite passage.

Termite Bait System Products Market: Key Challenges

• Baiting systems need to be inspected regularly to ensure the structure can properly monitor termite presence and assess the need for additional baits.
• Awareness of termite bait system products is low in different parts of the globe. This is expected to restrict growth opportunities in the market.

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Casual and Sports Insoles Market Overview with Detailed Analysis, Competitive Landscape and Forecast to 2027

Transparency Market Research delivers key insights on the global casual and sports insoles market. In terms of revenue, the global casual and sports insoles market is estimated to expand at a CAGR of ~6% based on value during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global casual and sports insoles market report.

In this market report, TMR predicts that, significant growth in the participation in sports and increasing foot-related health issues across the globe are anticipated to boost the casual and sports insoles market. Increase in the geriatric population coupled with increasing incidence of plantar fasciitis and diabetes is surging the demand for casual insoles. Additionally, increasing demand for customized insoles that are made after complete evaluation of the consumer’s foot structure is boosting the global market of casual and sports insoles.

Countries in Asia Pacific are major consumers of casual insoles, and the market in the region is anticipated to show significant growth in the coming years. In addition, technological developments are improving the features of products, which influences their efficiency. This is also expected to accelerate the growth of the casual and sports insoles market in the coming years.

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However, the growing market of counterfeit insoles is affecting the demand for casual and sports insoles. The growth of counterfeit products is mostly being observed in developing countries, where a large number of consumers are driven by the logo of a brand and product cost. The counterfeit products market is the major restraining factor that casual and sports insoles manufacturers have to deal with. This factor is anticipated to hamper casual and sports insole companies in terms of cost in the long run, and is expected to be a key restraining factor for the growth of the global casual and sports insoles market.

Increasing demand for sports insoles owing to their benefits such as reduction in tiredness and arch support, which helps athletes run faster and make them agile while making turns while playing a sport, is influencing the overall casual and sports insoles market positively. Product innovation and technological advancements are also supporting factors for the growth of the casual and sports insoles market.

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Ballast Water Treatment Systems Market - Comprehensive Study Explored In New Research With Key Players

Transparency Market Research delivers key insights on the global ballast water treatment systems market. In terms of revenue, the ballast water treatment systems market is estimated to expand at a CAGR of ~10% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the ballast water treatment systems market report.

In this market report, TMR predicts that increase in sea trade worldwide is one of the major factors driving the growth of the ballast water treatment systems market, as 90% of global trade is carried out through the sea route. Marine transport is a crucial part of economic growth. This transport option is more cost effective and convenient compared to other forms of transportation. Rising industrialization and liberalization of several economies have encouraged free trade across the world. This has prompted the demand for container vessels and cargo ships. Demand for ballast water treatment systems is anticipated to grow during the forecast period with increasing demand for such vessels.

Additionally, ballast water also results in serious ecological issues, due to the multitude of marine species carried in ballast water of ships. Ballast water includes bacteria, microbes, eggs, small invertebrates, as well as cysts and larvae of various species, which once released into a new environment survive and reproduce and become invasive species. Many a times, such species become dominant and result in the extinction of the native ones. All these factors result in the growth of the ballast water treatment systems market.

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However, presence of multiple regulations coupled with lack of standardized regulations are some of the challenges hindering the growth of the ballast water treatment systems market. Different countries have different legislative requirements for ballast water treatment management. For instance, the U.S. has its own set of regulations mandated by the U.S. Coast Guard (USCG). Under such circumstances, it becomes difficult for ships from different countries to operate in U.S. waters. Hence, lack of implementation of standardized regulations is restraining the growth of the ballast water treatment systems market.

However, ratification of guidelines as per the IMO Convention by several Asia Pacific countries is anticipated to be a key business opportunity for the ballast water treatment systems market. Asia Pacific dominates in terms of sea trade. According to UNCTAD statistics, sea trade of the Asia Pacific region accounts for roughly 64% share of the developing economies. With increasing trade, ratification of guidelines by countries, such as China and several other Southeast Asian countries, is anticipated to boost the ballast water treatment systems market for the next couple of years.

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Anti-acne Cosmetics Market Explores New Growth Opportunities from 2020 to 2027

• Acne is a common skin disorder that leads to the occurrence of lesions called zits or pimples. The highly common type of the skin problem in adolescents is known as acne vulgaris. Anti-acne cosmetics help clear up whiteheads, blackheads, pimples, and other forms of lesions.
• Acne cannot be cured; although, anti-acne cosmetics can help clear the skin and reduce the chances of scarring or marks. The purpose of treating ordinary acne is to reduce inflammation of the skin and block new pimples from forming.
• These cosmetics include products such as moisturizers, anti-acne skin care facial cleansers, emulsion, masks, toners, and spot treatment

Preference for Organic Cosmetics to Drive Global Anti-acne Cosmetics Market

• Organic anti-acne cosmetics refer to products made without the use of parabens, artificial fragrances, sulfates, phthalates, synthetics, and petrochemicals
• Organic anti-acne cosmetics are being preferred over chemical-laden regular anti-acne cosmetics products. Chemical-based products are harsh on the skin and cause side effects. Organic products have no side effects and are gentler on the skin. Moreover, chemicals in conventional skincare products penetrate the skin and enter the bloodstream, which can lead to a range of disorders such as hormonal imbalance and cancer.
• Preference for organic anti-acne cosmetics has emerged as a key driver for the global anti-acne cosmetics market, owing to no side effects

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Demand for Anti-acne Cosmetics Solutions for Men

• Large anti-acne cosmetic manufacturers are launching product range for men as a result of the rise in demand from this segment. Grooming as a regimen is not restricted to women anymore and thus, manufacturers are catering to the increasing demand.
• Men have started investing and paying attention to their looks, which is one of the key drivers for the market

Europe to Hold a Leading Share of Global Anti-acne Cosmetics Market

• In terms of region, the global anti-acne cosmetics market can be divided into: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• Countries considered under North America are the U.S., Canada, and Rest of North America. Analysis and forecast of the anti-acne cosmetics market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes anti-acne cosmetics market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The South America anti-acne cosmetics market has been studied for Brazil, and Rest of South America.

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Military Embedded System Market SWOT Analysis by Market Segments – Applications and Types 2026

According to a new market research report titled ‘Military Embedded System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research the global military embedded system market is expected to reach value of US$ 128.81 Bn by 2026, expanding at a CAGR of 6.4% from 2018 to 2026. According to the report, the global market is expected to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

In terms of demand, North America is projected to lead the global market, with the market in the region expanding at a CAGR of 5.8% between 2018 and 2026. Increasing demand for mobile command systems in the military & defense sector and the emergence of modern warfare systems are anticipated to significantly drive the global military embedded system market during the forecast period.

Increasing demand for mobile command systems in the military & defense sector to drive the global military embedded system market

The global military embedded system market is projected to expand at a significant growth rate during the forecast period, due to the increasing demand for mobile command systems in the military & defense sector. The adoption of military embedded systems in command, control, communication, computers, intelligence, surveillance, and reconnaissance (C4ISR) has increased in order to provide better protection to military forces. Also, the increasing demand for mobile command systems in war zone areas is likely to augment the global military embedded system market in the next few years.

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Global Military Embedded System Market: Scope of Report

The global military embedded system market has been broadly segmented based on product, platform, application, and region. In terms of product, the market has been divided into multifunction I/O boards, rugged systems, single-board computers, and general-purpose graphic processing units. Among these, the general-purpose graphic processing units segment holds a significant market share.

The segment is anticipated to expand at a CAGR of 6.0% throughout the forecast period. Based on platform, the global military embedded system market has been classified into air, land, and naval. Among these, the air segment held a prominent i.e. 44.1% share of the global market in 2017. It was followed by the land segment. In terms of application, the market has been classified into intelligence, surveillance and reconnaissance, communication equipment, command & control systems, computers, data storage, and data acquisition.

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