Friday, 10 April 2020

Glass Packaging Market Segments, Top Key Players, Drivers and Trends to 2020

  April 10, 2020    No comments
Rolling out new products to stay relevant in the business is building competition among players in the global glass packaging market. Inundated with companies, a Transparency Market Research report finds that about six companies hold nearly 35% share in the global glass packaging market. The prominent names in the global glass packaging market include Gerresheimer AG, Owens-Illinois Inc., Vetropack Holding AG, Ardagh Group, Saint-Gobain S.A., and Vidrala SA.
Players in the global glass packaging market are investing heavily on research and development and at the same time equally on marketing their new products. Further, companies are also vigilant about small players introducing new products, and are keen on acquiring them to create an over competitors.
The global glass packaging market is projected to grow at a stable CAGR of 4.6% during the forecast period, says TMR report. It also predicts that the global glass packaging market will reach an overall value of US$55.4bn by the end of 2020.
Request A Sample : 
When it comes to geography, Asia Pacific is believed to dominate the global glass packaging market. Densely populated countries like India and China where the spending capacity of the people is rising are fueling demand here. Further, the food and beverages market along with consumption of electronics is expected to stimulate growth in the coming years.
Alcohol to Steer Growth in the Coming Years
Alcohol is today a huge area of experimentation, uniqueness, and a highly consumer-centric business. Unlike two decades ago, today people are travelling and with easy access to information through the internet, people are aware about niche products in the alcohol industry. What adds value to the liquor is the packaging. This is where players in the global glass packaging market are expected to benefit.
On the other hand, the rise in consumption of food, introduction of new food products, and growing online delivery services are promoting growth in the global glass packaging market. Glass is also easy to print and provide opportunities for food manufacturers to introduce marketing strategies to attract consumers. Further, the ease of introducing new designs, size, and shapes are also favorable aspects that support preference of the product in the global glass packaging market. Further, electronics is another major area of demand. With a new type of gadget rolled out every day, many components require glass packaging. This is expected to augment demand in the global glass packaging market.
Request For COVID-19 Impact Analysis Across Industries -  
Substitutes to Material Might Challenge Growth
Glass is brittle and is a prone to breakage easily. Hence it requires safety and handling with care. To avoid loss, consumers are preferring usage of substitutes like plastic. The growing consumption of plastic is expected worry players in the global glass packaging market.
However, the rising concerns over usage of plastic and recycling the material may emerge as an advantage for companies in the global glass packaging market. Glass is recyclable and reusable, hence reducing investment cost of the consumer. Further, it is a green material and is considered to be healthy. Plastics, on the other hand, are known to have adverse health effects, and hence are not preferred for hot food items. These aspects instill growth in the global glass packaging market.
Read More

Automotive Exhaust Oxygen Sensor Market to Exhibit Impressive Growth by 2026

  April 10, 2020    No comments
Automotive exhaust oxygen sensors are installed in the exhaust systems of vehicles to analyze the quantity of oxygen being released in the exhaust. The oxygen exhaust sensor is also known as a lambda sensor. The exhaust oxygen sensor is a part of the exhaust emission control system that analyzes the amount of oxygen and delivers the facts and figures to the control unit. Subsequently, the control unit analyzes the air-fuel ratio with the help of other sensors installed within the engine and exhaust system. Exhaust oxygen sensors are responsible for the proper functioning of the fuel injection system and formation of appropriate air-fuel mixture for complete combustion of fuel.
Demand for automotive exhaust oxygen sensors is estimated to increase at a significant rate owing to increasingly stringent emission norms. Rising global warming and risk of health hazards, due to high concentration of air pollutants, has prompted automakers to reduce the emission of pollutants from the vehicles and convert them into non harmful contents before leaving the exhaust system. However, rising emphasis of governments to boost the electric vehicles market is expected to hamper the exhaust oxygen sensor market, as electric vehicles do not require an exhaust system.
The global automotive exhaust oxygen sensor market can be segmented based on sensor type, vehicle, and region. Based on sensor type, the market can be segregated into two segments. Among them, binary sensor is estimated to be a leading segment of the market owing to its cost efficiency. Binary sensors generate electric signals based on the oxygen level in the exhaust and compare the oxygen content in the exhaust with the oxygen level of the surrounding air. The other segment is more precise in measuring the amount of oxygen; however, due to its high cost, it failed to gain higher popularity than the binary sensor segment.
Request For COVID-19 Impact Analysis Across Industries -  
In terms of vehicle, the passenger vehicle segment held a major share of the automotive exhaust oxygen sensor market due to high production of passenger vehicles, as compared to commercial vehicles. However, significantly expanding market of commercial vehicles is anticipated to boost the market share held by the commercial vehicle segment during the forecast period.
In terms of region, Asia Pacific is anticipated to hold a prominent share of the global automotive exhaust oxygen sensor market, followed by Europe. Higher number of manufacturing facilities in Asia Pacific, due to availability of the basic resources such as labor and raw materials, has boosted the automotive industry in the region. In Asia Pacific, China is a leading producer of vehicles; however, the government is restricting the production of the vehicles with exhaust systems and promoting electric vehicles due to rising congestion on roads and high pollution levels in the country. Therefore, the automotive exhaust oxygen sensor market in China is anticipated to contract during the forecast period.
Read More

Automotive Intake Manifold Market Trends and Outlook 2024

  April 10, 2020    No comments
According to Transparency Market Research (TMR) the global automotive intake manifold market seems to be fragmented to a great extent, because of the emergence of a few players. Be that as it may, the main players in the global market are Mann+Hummel Group, MAHLE GmbH, Röchling Group, Magneti Marelli S.p.A., and Aisin Seiki Co., Ltd. Rise in research activities and product development are foreseen to be the key factors in guaranteeing predominance of these organizations. Key coordinated efforts are additionally anticipated to enable these organizations to secure greater share in the entire market during the forecast period.
As indicated in a recent research report, the global automotive intake manifold market is estimated to be worth US$58.7 bn by 2024 from US$42.7 bn, back in 2015. The market is prognosticated to advance at a steady CAGR of 3.6% within the forecast period from 2016 to 2024.
Based on materials utilized for making automotive intake manifolds the market is divided into composites, aluminum, and plastic. As per the report, aluminum segment held the major share in 2015 as it is a brilliant material that includes minimal measure of weight in the final product. Regionally, in 2015, Asia Pacific market accounted for the maximum share in the global automotive intake manifold market. The essential drivers fuelling the development of Asia Pacific market are fast industrial advancements and extensive interests in the automotive manufacturing sector.
The requirement for automotive intake manifold has been on a noticeable rise because of the stringent control by different governments to diminish the weight of vehicles to influence them to be fuel effective. Moreover, the plastics are additionally picking up the pace during production procedure as they are to a great degree light in weight and in this manner have a major effect in helping automobile makers accomplish the fuel efficiency.
Request For COVID-19 Impact Analysis Across Industries and Markets -  
The indications of powerful development of the automotive sector after the ongoing financial recession has positively affected the global automotive intake manifold market as well. Nations, for example, India, China, and Japan are making a noteworthy commitment to the regularly developing demand from travelers. Increase in disposable income, expanding GDPs, and enhancing way of life are altogether anticipated that would massively affect the demand for passenger vehicles, which, thus, will expand the growth for automotive intake manifolds in the coming years.
In spite of the consistent development in the entire market, the fluctuating costs of raw materials are probably going to negatively affect its income in the forthcoming years. A significant increase in the costs of aluminum and stainless steel are foreseen to hamper the development of the global market. Aluminum costs have been on a relentless surge and have significantly affected the ales and production of automobiles. The fall in fares of aluminum from China is the major factor behind these rising costs of raw materials.
Read More

Train Control and Management Systems Market Growth Outlook up to 2024

  April 10, 2020    No comments
The global train control and management system market is highly competitive and fragmented, states a new study by Transparency Market Research (TMR). The top four companies, namely, Bombardier Inc., Alstom S.A., Siemens AG, and Toshiba Corp. could occupy a share of nearly 45% only in this market in 2015. With the rising number of new entrants, the competition within the market is likely to intensify in the near future. 
As per TMR’s estimations, the global market for train control and management systems, which presented an opportunity worth US$2.5 bn in 2015, will rise at a CAGR of 8.20% during the period from 2016 to 2024 and touch US$5.01 bn by the end of the forecast period. Communication-based systems witness a higher demand than other train control and management systems and are expected to continue doing so over the next few years. The benefits these systems offer, such as the reduced maintenance costs and enhanced interoperability, act as the main driving force behind the increasing uptake of these systems. 
Presence of Large Pool of Established Players to Ensure Continued Lead of Europe
The research report also provides a geographical assessment of the worldwide market for train control and management systems. According to the report, the global market is stretched across Europe, Latin America, Asia Pacific, the Middle East and Africa, and North America. Europe, among these, has occupied the topmost position in the market, thanks to the presence of a large number of established train control and management systems manufacturers. Researchers predict continued lead of the Europe market for train control and management systems throughout the forecast period, expanding at a CAGR of 7.70%. 
Request For COVID-19 Impact Analysis Across Industries -  
North America holds the second position in the global market and is expected to maintain it over the period of the forecast. The substantial rise in the government spending on a number of high speed rail projects in this region is likely to propel this regional market in the near future.
Among others, Asia Pacific is anticipated to exhibit high growth potential for the manufacturers of train control and management systems in the near future on account of the upswing in the need for the reduction in road traffic congestion and energy efficacy. The infrastructural advancement of railways and the rise in the public investments in rail projects are also projected to drive the Asia pacific train control and management system market in the years to come, states the report. 
Need for Technologically Advanced Transportation Infrastructure to Reflect Positively on Market’s Growth 
“The growing demand for rapid rail transit systems, globally, is the most prominent factor behind the rise of the global train control and management systems market,” says an analyst at TMR. The tremendous rise in the global population has fueled the need for a technologically advanced transportation infrastructure. 
Conforming to the demand, there has been a substantial rise in the investments in the intercity high-speed rail lines, which has resulted in the development of the light rail systems and subways in various regions across the world. Since train control and management systems assist in managing a centralized control over a number of subsystems of a train, their deployment in trains is expected to increase significantly over the forthcoming years. However, various risks associated with these systems, such as failure of positive train control systems, which sometimes, results in train collisions and derailments, may restrict the growth of this market in the near future, notes the study. 
Read More

Automotive Intelligence Battery Sensor Market Future Scope and Trends 2025

  April 10, 2020    No comments
According to a new report by Transparency Market Research (TMR), the global market for automotive intelligence battery sensors is highly consolidated and each of regional markets is led by a selected number of players. For example, the automotive intelligence battery sensor market in Asia Pacific is dominated by Continental AG, which occupies over 50% of that regional market. In contrast, the markets in Europe and North America is fragmented and is led by local players. In these regions, established players, such as NXP Semiconductors, Hella GmbH & Co. KGaA, and Robert Bosch GmbH are more prominent. Denso Corp. and Vishay Intertechnology are some other significant players in the global automotive intelligence battery sensor market, notes the research report.
As per the report, the global automotive intelligence battery sensor market was valued at US$ 2.75 bn in 2016. Expanding at a CAGR of 18.30% during the period from 2017 to 2025, the opportunity in this market is anticipated to reach US$ 10.56 bn by the end of the forecast period. Passenger vehicles have surfaced as the main application areas of automotive intelligence battery sensors and the scenario is expected to remain so over the next few years. Geographically, Asia Pacific has been leading the global market with Europe following closely. Researchers anticipate this regional market to maintain dominance throughout the forecast period, thanks to the increasing entry of international players in this region, reports the research study.
Rise in Automotive Industry Supports Growth of Global Automotive Intelligence Battery Sensor Market
“The global automotive intelligence battery sensor market is witnessing steady rise, thanks to the significant expansion in the automotive industry across the world,” says the author of the study. The increasing concerns among people over the rising emission of CO2 in the environment and the augmenting fuel consumption by vehicles have emerged as the key factors behind the growth of this market.
Request PDF Sample@  
In addition to this, the increasing implementation of stringent government policies regarding road safety and to save the environment from vehicular pollution is likely to support the growth of this market in the years to come. The increasing need of modern vehicles to become more efficient in order to comply with future fuel economy standards will also act as a growth booster to this market over the forthcoming years, states the market report.
High Cost of Battery Sensors to Impede Market’s Growth
On the whole, the future of the worldwide market for automotive intelligent battery sensors looks bright. However, the heavy cost associated with these sensors may pose a threat to their uptake in the near future. Along with this, the hassle of keeping the battery charges will also reflect negatively on the demand of these sensors in the years to come. Nonetheless, the technological advancements and the continual rise in young generation, who are crazy for automobiles, are likely to boost the demand for automobiles, and consequently, automotive intelligence battery sensors over the next few years, normalizing the impacts of hindrances, states the market report.
Read More

Thriving Automotive Industry to Remain Key Driver of Laser Cutting Machine Market

  April 10, 2020    No comments
The vendor landscape of the global laser cutting machine market features a largely fragmented nature owing to the presence of a large number of companies offering a vast variety of products, observes Transparency Market Research in a recent report. The intense competition has been compelling well-established companies to invest more resources into R&D activities to develop products with better precision, features, and effectiveness. Focus on expansion across emerging markets through strategic collaborations with smaller players or distributors has garnered much popularity among market players.
As new companies foray into the market and the number of products rises, the market is expected to become more competitive in the next few years. Some of the leading companies in the market are IPG Photonics Corporation, ALPHA Laser GmbH, Bystronic Incorporation, Amada Miyachi CO, Trumpf Laser GMBH + Co. Kg, DPSS Lasers Incorporation, and Coherent Incorporation.
According to the report, the global laser cutting machines market is expected to exhibit a CAGR of 10.3% over the period between 2014 and 2020, rising to a revenue opportunity of US$4.37 bn by 2020.
North America and Asia Pacific Remain Most Promising Regional Markets
Technology-wise, the segment of solid state lasers accounted for the dominant share in the overall market at the beginning of the report’s forecast period. The segment is also expected to hold sway over the forecast period owing to their vast usage in industries such as automotive, consumer electronics, and aerospace and defense. Geographically, the market for laser cutting machines in North America accounted for the dominant share in the overall market at the beginning of the report’s forecasting horizon, thanks to the region’s robust industrial sector. Over the forecast period, the market in Asia Pacific is expected to emerge as the most promising regional market owing to the rapid pace of industrialization in emerging economies.
Request For COVID-19 Impact Analysis Across Industries -  
The phenomenal growth seen by the world automotive industry in the past few decades, owing to the increased demand for passenger vehicles from the steadily rising affluent middle-class in emerging economies and the steady introduction of technologically advanced vehicles, has acted as a major growth driver for the global laser cutting machines market. The automobile industry continues to make massive strides, expanding in terms of manufacturing as well as distribution units in emerging markets. The industry and its future growth dynamics are thus expected to have a notable influence on the overall development of the global laser cutting machines over the report’s forecast period.
The market is also expected to benefit from the rising demand for high-quality metal cutting devices across a number of industries, and the benefits of laser cutting machines in terms of low heat input and high processing speeds. The increased global production of consumer electronics, rising investments in the aerospace and defense sectors, and the rising influx of new products in the global market are also expected to drive the global laser cutting machines market in the near future.
Read More

Food Service Equipment (Commercial Refrigeration) Market Trends 2020

  April 10, 2020    No comments
The global food service equipment market (commercial refrigeration) is predicted to witness a number of growth opportunities in the coming years, as reported by Transparency Market Research (TMR). Currently, the competitive landscape of the global food service equipment market is featured by fragmentation, due to the presence of numerous large-scale as well as small-scale players. The market is highly competitive, and the players are expected to be highly dynamic in their approach.
A number of vendors are seen focusing on ensuring customer loyalty, efficient product distribution, and regulation of food prices. Key strategies being adopted by the market participants are expansion to unexplored markets and regions, mergers and acquisitions, and partnerships in order to thrive in the international market. Launch of novel. Innovative products is also expected to be a rage among vendors. For instance, recently, AB Electrolux introduced a new range of kitchen products named ‘Mastery’, which comprise of flexible door storage and hands free hoods.
Manufacturers are focusing on developing refrigeration products, which helps to minimize the greenhouse gas emission and reducing energy consumption. Therefore, the players are switching to green refrigerants including CO2, ammonia, and water vapor to develop the products. Prominent vendors in the global foods service equipment market include Hobart Corporation, Duke Manufacturing Co. Inc., Ali Group, Hoshizaki Electric Co., and Manitowoc Company Inc.
Request For COVID-19 Impact Analysis Across Industries -  
According to TMR’s report, the global food service equipment (commercial refrigeration) market is prognosticated to reach US$44.3 bn by 2020, from US$31.5 bn in 2013. The market is forecasted to exhibit a solid 4.8% CAGR over the forecast period 2014 to 2020.
Based on the type, the segment of walk-ins held a dominant revenue share of the global food service equipment (commercial refrigeration) market in the year 2014, and are expected to continue being popular over the forecast period. Segmented regionally, the region of Asia Pacific is anticipated to clock in swift growth in the global food service equipment market, due to rapid expansion of the food industry in China.
Demand for Sustainable Storage Options to Propel Growth
The ongoing trade of food over the globe has given rise to exchange of processed, canned and frozen food which needs efficient refrigeration equipment to transport the food products. Increasing environmental concerns and strict regulations regarding the use of refrigerants with a high potential of causing global is expected to provide an impetus to the growth of commercial refrigeration equipment. Innovations such as hybrid electric systems and products that utilize natural refrigerants such as carbon dioxide (CO2) are anticipated to increase the sales of the product, fuelling the swift upswing of the global food service equipment market.
Rise of End-User Segments Catapult Market Reach
End user markets such as full-service restaurants & hotels, quick-service restaurants, pubs, and caterers are witnessing phenomenal growth over the globe. Improving standards of living standards in developing nations and significant investments in restaurants and cafes for better infrastructure have increased the expenditure on food and related items.
Read More

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...