Wednesday, 8 April 2020

Automotive SRS Curtain Airbag Market Trends and Growth 2027

  • SRS curtain airbag is responsible for occupant safety in case of a (head on) collision. SRS airbags are designed to protect the driver’s and passenger’s head in case of a crash. The sensors in the system detect the impact of collision and calculate the intensity of collision to deploy the airbag.
  • Increase in research and development activities and the demand for vehicle passenger safety systems has led to advancements in the airbag system of vehicles. SRS airbag systems are more reliable as compared to older systems. SRS curtain airbag is vital for the correct deployment of the airbag system when the vehicle accelerates or decelerates suddenly. Increase in integration of seatbelt systems in vehicles is driving the automotive SRS curtain airbag market.
Key drivers of automotive SRS curtain airbag market
  • SRS curtain airbags are used to protect the driver in case of a head-on collision. Earlier, vehicles were incorporated with the driver and co-driver airbag. These airbags protect only the front of the body. It may cause a head injury after an accident. Currently, vehicles feature the SRS curtain airbag, which protects the head in case of a collision. Consumers demand advanced safety features such as airbags, emergency braking system, and night vision monitoring systems in vehicles.
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SRS airbag consists of sensors and a control unit. When any obstacle appears in front of the vehicle, the driver suddenly slams the brakes, and the sensors in the vehicle sense the impact of collision with the obstacle. The control unit analyzes the impact of the collision and if the impact is above the determined limit, then the SRS airbags are activated that cover the whole vehicle so that every passenger would be safe. The SRS curtain airbag also prevents the child passenger in case of a collision.
Asia Pacific to hold prominent share of global automotive SRS curtain airbag market
  • Asia Pacific is home to prominent automobile companies that are consistently focused on the development of new technology regarding safety. OEMs and Tier1 suppliers are offering advance safety features in every vehicle. Countries such as China, India, and Japan have large research and development facilities, which in turn are estimated to boost the SRS curtain airbag market. The U.S., U.K. and countries across Europe have made airbags mandatory in all vehicles, which in turn is estimated to propel the global SRS curtain airbag market.
  • The Society of Indian Automobile Manufacturers (SIAM) and European transport safety council are trying to compel automobile companies to increase integration of safety systems in vehicles.
Key players operating in automotive SRS curtain airbag market:
The automotive SRS curtain airbag market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the automotive SRS curtain airbag market are:
  • Nissan Motor Corporation
  • ZF Friedrichshafen AG.
  • Continental AG
  • Autoliv Inc.
  • Nihon Plast Company Co. Ltd.
  • Takata Corporation
  • Toyota Motor Corporation

Key Drivers of Vehicle Collision Mitigation Brake System Market

  • Vehicle collision mitigation brake system helps prevent a rear-end collision with vehicles that are stationary or traveling in the same direction. This system is a radar-based autonomous emergency braking system that detects a possible collision within a specified range.
  • Collision mitigation braking system works in three stages. The first stage includes alerting the driver through visual and audio warning. The second stage confirms the collision that is likely to occur, and the third stage includes activation of the collision mitigation brake system by tightening of the passenger seat belt and applies the emergency brake with high force itself when the collision is unavoidable.
  • The integrated safety system provides the benefit of crash avoidance and reduction of the severity of the crash. Original equipment manufacturers are integrated various autonomous vehicles with the driver assistance and high safety, including full range active cruise control (ACC), pre-crash brake assist (PBA), and lane departure warning system (LDWS). Several government authorities across the global including Europe, North America, and Asia Pacific have mandate the integration of advance safety features in vehicles.
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Currently, traffic accidents are a significant cause of death and injuries. Automotive manufacturers have developed major safety systems to help prevent accidents. This is projected to boost the collision mitigation market, due to a rise in the demand for vehicles that are incorporated with significant safety features and also change in the consumer living standard.
  • In 1955, Hughes Research Laboratory, California, U.S. first introduced the radar-based collision mitigation system. In 2003, Toyota Harrier was integrated with the collision mitigation brake system, in Japan.
North America to hold prominent share of global vehicle collision mitigation brake system market
  • In terms of regions, collision mitigation brake system market is segmented in North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America and Europe is projected to expand significantly collision mitigation brake system. Major Original equipment manufacturers from Asia pacific including China, India, and Japan are integrating the safety feature including collision avoidance in vehicle due to significant demand for safety in vehicles.
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  • Various rules and regulations enacted by the Government of United Kingdom, United Nations, and Society of Indian Automotive Manufacturers have made the installation of advanced safety features including collision mitigation system mandatory in vehicles across the globe.

Global Optruma API Market: Geographical Analysis and Future Outlook

The expanding rate of perpetual sicknesses, developing significance of generics, and the expanding take-up of biopharmaceuticals are a portion of the main considerations driving the development of the worldwide Optruma API market. Then again, the horrible medication cost control approaches crosswise over different nations and the expanding entrance of fake medications are relied upon to limit the development of this market in the coming years.
This report on optruma API market commences with a detailed executive summary followed by a market overview section that lends crucial understanding on diverse macro and microeconomic factors that steer growth in optruma API market. The report also sheds light on various market drivers, restraints, threats, and challenges that impact growth in optruma API space.
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Global Optruma API Market: Notable Development
The usage of critical government changes to improve the moderateness of medicinal services, particularly in the US, has extended the utilization of both customary and forte medications. Likewise, swelling has assumed a key job in improving income from the offers of doctor prescribed medications, especially forte medications. Every one of these components are aggregately in charge of the enormous portion of this section.
Global Optruma API Market: Drivers and Restraints
The engineered APIs portion is assessed to represent the biggest offer in 2019. Be that as it may, the biotech APIs fragment is relied upon to develop at a higher rate over the figure time frame. The interest for biotech-determined atoms is becoming fundamentally attributable to their explicitness in real life. The interest for biologics is additionally expanding in light of the fact that they are like characteristic natural mixes found in the human body when contrasted with manufactured APIs, making this the quickest developing portion in the market.
The interest for medications falling under this class has expanded fundamentally as of late because of the rising commonness of target ailments. Furthermore, the biggest portion of the professionally prescribed medications section can likewise be ascribed to the expanded focal point of trend-setter organizations on the advancement of strength medications and moderateness of human services.
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Global Optruma API Market: Geographical Analysis
Based on the region, the optruma API market is segmented in to five parts such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Of these, North America is expected to dominate the market, followed by Europe. The main considerations driving the general development of the Optruma API market in this area incorporate the developing rate of preventable constant maladies, expanding government center around nonexclusive medications, rising interest for biologics and claim to fame drugs, and innovative progressions in the assembling procedures of APIs. This market fragment is required to develop at an unobtrusive rate because of a mix of monetary and medicinal services seriousness measures and the presentation of minimal effort, conventional adaptations of marked medications.

Global Crop Maintenance Robots Market: Notable Developments and Future Advancements

As a result of growing population, food demand is rising day by day across the globe. In order to increase the food productivity it gets crucial to control the impact of weeds and various diseases on plantations in large and small farms. This has raised the demand for appropriate management solutions that can address the situation. Owing to these factors the demand for crop protection solutions has raised substantially over the past decade. Leveraging these opportunities, the global crop maintenance robots market is expected to experience major growth in the forecast of 2019 to 2027. 
Transparency Market Research's report on global crop maintenance robots market provides an in-depth analysis for the players across the globe. It provides a 360-degree overview of various facets such as key trends, challenges that businesses can face, and major players that contribute to the dynamics of global crop maintenance robots market. 
Global Crop Maintenance Robots Market: Notable Developments 
The global crop maintenance robots market showcases a highly competitive landscape. The market has various players that contribute to its dynamics making it a highly fragmented market. However, there only are a few players that account for the growth of the global crop maintenance robots market. Since then there are few players that dominate the market, the entry of new players is quite difficult. 
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These players are looking forward to adopt various strategies such as mergers, collaborations, and partnerships in order to have a stable future in the global crop maintenance robots market. These strategies are providing the businesses with required resources to compete against the well established players of the market. 
On the other hand, the established players of crop maintenance robots market are investing heavily on research and development activities in order to provide innovative products to the customers. These strategies allow the players to gain a competitive edge over their rivals. 
  • January 2017: Trimble Navigation made the announcement of selling its motion and vision technologies to original equipment manufacturers of advanced industrial instruments. 
  • November 2016: Hitachi Construction Machinery introduced factory-fir, semi-automatic machine control excavator while partnering with Trimble Grade Control System. As a result, Trimble Grade Control System enhances its portfolio in grade control equipment and with this partnership the company also penetrated the Japan market for crop maintenance robots market. 

Hotels Market Growth and Outlook 2027

Transparency Market Research delivers key insights on the global hotels market. In terms of revenue, the global hotels market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global hotels market report.
In this market report, TMR predicts that, undisrupted growth of the travel & tourism industry, particularly business-associated travels, would significantly influence the expansion of the hotels market, worldwide. Moreover, increase in the number of international events and festivals has also fueled the growth of global travel and hospitality industry. In addition to the travel & tourism industry, the hotels market is anticipated to be influenced by technological advancements. Amalgamation of technologies such as IoT and data science in hotels has provided hotels with noteworthy benefits of improved security and experience.
Despite the booming tourism sector, the hotels industry is susceptible to certain factors that could hinder its growth in the near future. The growing trend of shared accommodation services is one of the major factors that is likely to impede the growth of the hotels market during the forecast period. Shared accommodation services facilitate personalized experience at relatively lower cost, and for the hotels to provide their customers with a similar experience at such a competitive price is exceptionally challenging.  
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It is anticipated that, in the near future, hoteliers would enter the shared accommodation business. By adopting shared rental services, hoteliers would not only positively mitigate the threat from the growing homestay segment but also gain the opportunity to diversify their earning sources.
According to the report, the midscale price segment that includes both, midscale as well as upper midscale hotel properties, is estimated to acquire the large market share and grow at a rapid rate during the forecast period. The growth of the midscale segment can be attributed to the development of more midscale and upper midscale hotel properties, and the ability of this category of hotels to facilitate enhanced services at competitive prices. For instance, in April 2019, RLH Corporation announced its plans to add new midscale and upper midscale hotels to its portfolio in order to strengthen its position in the global hotels market.
Although, globally, the midscale segment is likely to grow, this segment is projected to reach maturity in the U.S. The luxury segment is estimated to witness growth in the U.S.
In terms of room capacity, the medium segment holds a large share of the global hotels market, followed by the small and large segments. The dominance of the medium segment can be ascribed to its relatively higher penetration in smaller and mediocre economies. As per the report, medium room capacity hotels include 100 rooms to 300 rooms, while small hotels have 100 rooms or less. Hotels with more than 300 rooms have been considered under the large segment, and those with a capacity of 1,000 rooms have been categorized as mega hotels. 
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Global Hotels Market: Prominent Regions
Presently, North America dominates the global hotels market, followed by Europe. The dominance of North America can be attributed to the presence of prominent hotel brands in countries such as the U.S. and Canada. The U.S. is a major hotels market across the globe, while Canada is among the rapidly growing hotels markets.
The Asia Pacific hotels market is estimated to witness prominent growth in the near future, due to rise in tourism. Japan and Hong Kong are among prominent hotels markets, while China is a key country investing in the hotel industry. Moreover, Vietnam, in recent years, has also emerged as a significant hotels market by recording robust growth in tourist arrivals.

Sports Sun Care Market: Key Players and Growth 2027

Transparency Market Research delivers key insights on the global sports sun care market. In terms of revenue, the global sports sun care market is anticipated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the sports sun care market report.
The report on the sports sun care market highlights the products that offer protection from harmful UV radiations during sports events. Sports sun care products are designed for sportspersons, and especially used and applied during sports activities. Sports sun care products are more water resistant than regular sun care products, and give long time protection against UV rays. 
In this market report, TMR estimates that, based on SPF, products that are of SPF 50 + are likely to be the most widely-used ones by the end of 2027, in the sports sun care market. Sports personalities are now focusing on their appearance as well as on skin care, due to the growing influence of social media. The sports sun care market is anticipated to grow from a value of ~US$ 1.6 Bn in 2018 to ~US$ 2.6 Bn by the year 2027, due to the increasing participation in sports all around the world.
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Sports Sun Care Market: Prominent Regions
Asia Pacific is projected to show prominent growth in the sports sun care market in the near future, due to an increase in the spending power of people and growing awareness regarding skin care. India and Japan are considered prominent markets for sports sun care product manufacturers during the forecasted timeline.
North America, along with Europe, dominates the global sports sun care market. Affordability is one the major reasons for the growth of this market in North America and Europe. Rapid increase in sports events, growing awareness about skin issues due to adverse effects of sunrays, and rising disposable income are projected to be major driving factors for the growth of the global sports sun care market during the forecast period.
Major brands are likely to focus on research & development activities to strengthen their footprint in the global sports sun care market. They are also focusing on developing and manufacturing natural and organic products for this market space. Companies are engaged in expanding their product portfolios to cater to the varying needs of consumers around the world. Manufacturers are focusing on expanding their businesses through online distribution channels. Companies are working toward upgrading their existing products to increase profitability, so as to achieve the sustainable growth of their businesses.
Sports Sun Care Market: Key Players
Prominent companies operating in the global sports sun care market have been profiled and their details have been included in the global sports sun care market report. Key players operating in the global sports sun care market include Shiseido Co., Ltd, Neutrogena, Coppertone, Banana Boat, SolRX Sunscreen, Solskyn Personal Care LLC, La Roche-Posay, EltaMD, Inc., COOLA LLC, VLCC Personal Care, and Fresh LLC.

Change In Fashion Trends To Boost The Growth of Global Eyewear Market

As per the recent TMR report, the global eyewear market was valued at US$ 155,652.3 Mn in 2018 and is forecasted to expand at a CAGR of 8.30 % from 2019 to 2027.It is estimated to reach a value of US$ 319,015.5 Mn by 2027.
In terms of geography, the global eyewear market is segmented into five major regions namely North America, Asia Pacific, Europe, South America and the Middle East and Africa. North America currently holds the lead in the global eyewear market. In the near future as well the regional market is anticipated to rise at steady pace. This due to rising disposable income of people in the region. On the basis of segments online segment to report a higher CAGR during the course of the forecast period.  
Ongoing fashion trends of wearing designer eyewear has emerged as one unconventional drivers of the global eyewear market. The trend is mainly because of the changing lifestyle of the consumers owing to the rising disposable income of the consumers. The growing inclination of the consumers of towards branded eyewear products will pave way for the market to capitalize on lucrative prospect.  Siting the trend, the key players of the global market trying to lure the customer with designer and cost effective product launches. While, majority of the companies adopting product branding approach to seek customer attention. 
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Increased Trend In Usage Of Contact Lenses And Sunglasses Will Create New Market Avenue
Contact lenses and sunglasses are the most comfortable daily wear which is expected to trend upward. Easy availability of the contact lenses at reasonable price is accelerating the market growth across the global level.
Increasing Investment By Eyewear Manufacturing Process Will Lead To Technical Advancements And Transition
Owing to the strong presence of multiple prominent eye wear players such as Magrabi, Signature, Fielmann, Luxottica, Safilo. Zeiss International and Essilor International, the degree of competition in the global eyewear market is high. All the players are continuously investing in current market to enhance their market presence. Luxottica and Essilor International agreed upon the investment of US$ 49 Bn merger to build a global eyewear powerhouse with annual revenue of more than US$ 16.5 bn to collaborate on eyewear business with Marcolin.
High level of fragmentation on account of presence of plethora of companies is expected to shape the competitive contours of the global eyewear market, finds Transparency Market Research (TMR). Some of the predominant players present in the global eyewear marker are Bausch & Lomb Inc., Essilor International, Luxottica Group S.p.A., Zeiss International, Marchon Eyewear and Johnson & Johnson Vision Care. Major players in the market are focusing on product innovation and acquisitions along with partnerships to expand their business.  

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