Tuesday, 21 April 2020

Automotive Spur - Gear Market Growth Opportunities, Statistics & Forecast to 2027

  April 21, 2020    No comments
  • Automotive spur gears are cylindrical in shape and are mounted on shafts that are parallel and coplanar. Moreover, the gear teeth are parallel to the shaft. Spur gears are commonly used in various applications as they are easy to manufacture and can be used for lower speed applications .The teeth of the spur gears are involute in profile and mesh constantly.
  • Spur gears are used for low speed applications due to the involute profile of the spur gear teeth, which produces radial forces while meshing and causes high stress while power transmission. Spur gears can be made of steel, cast iron, and bronze. The external spur gear has teeth from the outside or external profile, when it meshes with the other gear and rotates in the opposite direction. Spur gears are utilized in steering systems, differential systems, and several other applications such as toys and clocks. 
Key drivers of Automotive Spur - Gear Market
  • Rise in vehicle production across the globe is estimated to boost the automotive spur gear market. Rise in demand for vehicles with smooth transmission system across the globe is likely to boost the automotive spur gear market. Diverse applications of spur gears are prompting every manufacturing industry to develop a better gear manufacturing process that fuels the production of gear with better quality, which in turn is estimated to boost the automotive spur gear market. 
  • Increase in number of small-scale and medium-scale industries that produce gears across the globe is projected to propel the automotive spur gear market. Demand for enhanced driving experience in terms of smooth gear shifting and improved acceleration in vehicles is high, which in turn is anticipated to fuel the automotive spur gear market. Plastic gears with reinforced carbon fiber technology are estimated to offer significant opportunity to key players in the global automotive spur gear market. 
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Asia Pacific and Europe to hold prominent share of automotive spur gear market
  • Asia Pacific is projected to account for a notable share of the global automotive spur gear market due to rise in the demand for vehicles in the region. Asia Pacific consist of developing countries including India and South Korea, which are home to a large number of small-scale and large scale manufacturing industries. This, in turn, is anticipated to propel the automotive spur gear market in Asia Pacific.
  • Europe followed Asia Pacific, in terms of share of the global market, and emerged as a major market for automotive spur gear due to an increase in manufacturing facilities and urbanization in the region. Europe has presence of several advanced automated manufacturing facilities that help boost the production of spur gears in the region and subsequently, drive the automotive spur gear market in Europe. 
Key players operating in automotive spur gear market
The global automotive spur gear market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive spur gear market are:
  • SHOWA Corporation
  • GKN Sinter Metals Engineering GmbH
  • ZF Friedrichshafen AG
  • KHK Gears Co. Ltd
  • Cleveland Gear Company
  • ABA PGT Inc.
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Automotive Starter Market Demand, Development and Growth Forecast Report 2027

  April 21, 2020    No comments
  • Starter is an electric motor that provides power to rotate the crank of an internal combustion engine in a vehicle in order to start it. The starter motor is used to convert electrical energy that is stored in the battery into mechanical energy, which is necessary to crank the engine.
  • The mechanical energy used for rotation of crankshaft starts the combustion process inside the engine and subsequently, powers the vehicle. When the vehicle ignition is switched on the starter engages and turns the crank in an engine. Simultaneously, the engine requires air for ignition of the fuel, and the starter helps draw air inside the engine, which in turn helps reduce the heat in the combustion chamber. 
Key Drivers of Automotive Starter Market
  • Rise in demand for passenger vehicle and commercial vehicle and the application of alternator and starter motor in an electric vehicle, hybrid vehicle will help to boost the automotive starter market. Additionally, demand for fuel efficient vehicles is increasing and the fuel efficiency of a vehicle can be increased by reducing the weight of the vehicle. Consequently, various vehicle manufacturers are trying to develop light weight vehicles, which in turn is projected to propel the automotive starter market. Denso Corporation has developed light weight starter motor that is 40% lighter than the conventional starter motor, which is estimated to further boost the automotive starter market.
  •  Knorr- Bremse Truck Services and SEG Automotive leading global supplier of starter motors and generators entered into a partnership to boost sale of automotive starter motor in Europe and Middle East& Africa, which in turn is estimated to propel the automotive starter market in these regions 
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Asia Pacific and Europe to hold prominent share of Automotive Starter Market
  • The automotive starter market in Asia Pacific expanded significantly owing to an increase in vehicle production in the region. Major developing countries including India and South Korea, have presence of major vehicle and engine manufacturers, which in turn is likely to drive the automotive starters market. Demand for vehicles in China is increasing due to large population and steady economic growth. This, in turn, is projected to boost the automotive starter market in Asia Pacific.
  • Europe followed Asia Pacific in terms of share of the global automotive starters market. Various vehicle manufacturers based in Europe region are focused on the development of advanced technologies in vehicles, which in turn is likely to drive the automotive starter market in the Europe. Major Tier-1 suppliers who manufacture starter motors are based in Europe including Robert Bosch and Continental AG. All the factors mentioned above are likely to help to boost the automotive starters market in Europe. 
Key Players Operating in Automotive Starter Market
The global automotive starters market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive starters market are:
  • Robert Bosch GmbH
  • Continental Inc.
  • Denso Corporation
  • ZF Friedrichshafen
  • Valeo SA
  • Delphi Automotive
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Docking Station Market Study and Competitive Landscape 2027

  April 21, 2020    No comments
Docking stations plays an important role in consumer products. The global docking station market is expected to witness rapid growth during the period of 2019-2027, due to the rising number of handheld devices. Increasing electronic devices containing latest technologies is driving the docking station market, globally. This trend is anticipated to continue during the forecast period. Key players largely rely on strong distribution channels such as multi-brand distributors, OEM websites, and retailers of electronic products, in order to better cater to customer demand and gain a competitive advantage in the docking station market.
In this market report, TMR predicts that, the demand for docking stations is increasing in Asia Pacific. This is due to increasing technological advancements, increasing disposable income, and rising population in the region. Furthermore, the high demand for products that are safe and that can be charged rapidly and conveniently is boosting the docking station market in Asia Pacific. Increasing competition between docking station manufacturers and demand for high-quality docking stations are among the leading reasons for the projected rapid growth of the global docking station market during the period of 2019-2027.
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However, the market has been facing a threat from counterfeit products since a long time. Many reports have suggested that, counterfeit and third-party docking stations are not designed properly, and could easily result in safety issues, a factor that may hinder the growth of the docking station market in the future.
Regions such as Asia Pacific, Middle East & Africa, and South America offer tremendous growth opportunities for the growth of the docking station market. The demand for docking stations is expected to soar substantially during the forecast period, due to heightened technological acceptance in Asia Pacific and South America.
Furthermore, increase in the usage of laptops, notebooks, smartphones, etc., is projected to drive the docking station markets in China, India, Brazil, etc. Moreover, in the Middle East & Africa, the evolution of the IT industry has enhanced the demand for laptop docking stations, which is expected to be a major reason for the growth of the docking station market during the forecast period. The market in Europe is expected to maintain a healthy CAGR, though it may experience a slight decline in demand as compared to Asia Pacific, Middle East & Africa, and South America for docking stations during the period of 2019-2027.
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Cooling Tower Market - Competitive Approach, Fundamental Trends and Investment up to 2027

  April 21, 2020    No comments
According to a new market report published by Transparency Market Research on the cooling tower market for the forecast period of 2019-2027, the global cooling tower market is expected to reach ~US$ 5 Bn by 2027, expanding at a CAGR of ~3% from 2019 to 2027. Europe held a prominent share of the global cooling tower market in 2018.
Field-erected cooling towers are large structures made of concrete, FRP (fiber reinforced plastic), wood, etc., meant to withstand weather changes. These towers are generally used in heavy industrial areas where they utilize large volumes of water to perform cooling processes. They are anticipated to hold the largest market share by 2027 under the construction segment. Factory-assembled cooling towers are also known as 'package' or 'modular' cooling towers, and are made in a factory. They are comparatively smaller in size, energy-efficient, take less space and time to build, and are cost-effective. These are used in small industrial plants.   
The North America cooling tower market is anticipated to grow at significant rate during the forecast period. In North America, end-use industries such as the power sector extensively use field-erected, concrete-made cooling towers that can hold large capacities of water. Moreover, the induced draft type is a widely used cooling tower technology in North America. For instance, global cooling tower manufacturer SPX Corporation recommended replacing a 80 horsepower (HP) forced draft cooling tower with a 30 HP induced draft cooling tower, which increased the cooling tower capacity by 5%, and consumed only 38% of energy as compared to a forced draft cooling tower.
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The induced draft cooling tower segment holds the largest share of the cooling tower market in North America, and is expected to lead the market during the forecast period. Natural draft cooling towers are the second-most popular type installed in North America. Natural draft cooling towers consume less power than induced draft cooling towers.          
Europe is the largest cooling tower market, globally. New cooling tower installations and replacement demands are aiding in the growth of the market in Europe. The power sector in the region, especially gas-fired power plant installations, is fueling the demand for these towers. Evaporative technology is the most common technology used in cooling towers in Europe.
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Some of the major players in the global cooling tower market include Baltimore Aircoil Company (BAC), ENEXIO Management GmbH, Hamon & Cie (International) SA, Babcock & Wilcox Enterprises, Inc., SPX Corporation, Bell Cooling Towers Pvt. Ltd, Brentwood Industries, Inc., Paharpur Cooling Towers Ltd, Star Cooling Towers, and Delta Cooling Towers, Inc.    
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Pet Dietary Supplement Market | New Industry Research On Present State & Future Growth Prospects By 2027

  April 21, 2020    No comments
Transparency Market Research delivers key insights on the global pet dietary supplement market. In terms of revenue, the pet dietary supplement market is estimated to expand at a CAGR of over 4.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the pet dietary supplement market report.
In the report, TMR predicts that the pet dietary supplement market would be largely driven by factors such as rising consumer shift toward pet humanization across the globe.
Pet Dietary Supplement Market: Segmentation
The pet segment includes dogs, cats, horses, and others in the pet dietary supplement market report. In terms of pet, the dogs segment dominated the market for pet dietary supplements across the globe, as dogs are considered the most popular pets globally. Demand for dietary supplements for dogs is anticipated to expand at a significant growth rate during the forecast period. Cats outnumber dogs as pets in various countries across the globe, as a household can manage more than one cat. The expenditure incurred on dietary supplements on dogs is relatively high as compared to cats. The pet dietary supplement market for horses and other pets, which include rabbits and hamsters, is projected to expand at a moderate growth rate during the forecast period.
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In terms of supplement, glucosamine, multivitamins, omega 3 fatty acids, and probiotics and prebiotics witness high demand across the globe. Glucosamine is an amino sugar that is found naturally in the fluid around the joints to help build cartilage. In older dogs, it may relieve joint pain and improve mobility. Apart from glucosamine, omega 3 fatty acid is also one the preferred supplements for pets. Fish oil contains omega 3 fatty acids that are thought to improve coat quality and shine, and alleviate skin allergies. Fish oil can also reduce inflammation; hence, several pet owners use omega 3 fatty acids for this purpose.
Based on application, joint health and skin & coat are major application areas where pet dietary supplement are most commonly used. These two segments account for the major share of the pet dietary supplement market. Glucosamine is believed to be an effective treatment for osteoarthritis by pet owners and veterinarians. Omega 3 fatty acids and fish oil supplements are majorly used in the treatment of skin & coat. These can improve coat quality and control itching issues in pets.
The pet dietary supplement market is highly fragmented. A large number of small, medium, and large companies operate in the market at global and domestic levels. Companies work on product innovation to increase their market reach.
Pet Dietary Supplement Market: Prominent Regions
North America and Europe hold major share of the pet dietary supplement market, due to rapid rise in the number of pet owners in prominent countries such as the U.S., the U.K., Canada, France, Germany, Italy, Spain, and various other European countries.
Demand in the Asia Pacific region is estimated to expand at a significant pace compared to other regions in the near future, due to rapid increase in awareness about pet care products, etc., in countries such as China, India, Japan, Australia, and New Zealand.
The market in South America and Middle East & Africa is anticipated to grow at a moderate growth rate in the near future. Brazil and Argentina are anticipated to be the prominent markets for pet dietary supplements during the forecast period.
Major brands are likely to focus on expansion of production capacity and new product development to strengthen their footprints in the pet dietary supplement market. Companies are engaged in expanding their product portfolio and business through online distribution channels. Companies are working toward upgrading their existing products to increase profitability for sustainable growth of businesses.
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Adult Diaper Market Growth and Strategy 2027

  April 21, 2020    No comments
The global adult diaper market is likely to gain traction amongst the geriatric population who suffer from conditions like dementia, severe diarrhea, mobility impairment, and incontinence. An adult diaper refers to a diaper that is designed for adults and is necessary for them to wear under various conditions. Adult diapers come in different forms such as underpants, diapers, and sanitary napkins. Bodily wastes and liquids are absorbed by superabsorbent polymer, which is mainly used in the making of adult diapers.
Attends Healthcare Products, Inc., Kao Corporation, Unicharm Corporation, Kimberly-Clark Corporation, DSG International, and First Quality Enterprises are few names to reckon with in the global adult diaper market.
Transparency Market Research (TMR) has prepared an inclusive report on the global adult diaper market for the period of 2019 to 2027. Expanding at a rate of 6% CAGR, the global adult diaper market is poised for considerable growth over the tenure of assessment, from 2019 to 2027.
North America and Europe are Expected to Remain at the Forefront of Market Growth
With growing acceptance of adult diapers in the region, North America is likely to witness considerable growth over the period of forecast.  Such prominence of the region in the global adult diaper market is mainly due to the growing acceptance of adult diapers, particularly amongst the aged population. Countries like Canada and the U.S. are estimated to add fillip to the regional market. Furthermore, some international travelers prefer adult diapers when it comes to travelling to countries with poor sanitation and toilet facilities.
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Another region that is estimated to rise to prominence in the global adult diaper market is Europe. In the region, adult diapers have are likely to surpass the sales if baby diapers market in near future owing to the rapidly increasing population. In countries like France, Greece, Germany, and Italy the population for elderly people is increasing at an exponential rate. Japan in the Asia Pacific region is likely to witness high growth of the market as a considerable part of its population is over 65 years.
For valuable insights on the adult diaper market, reach out our report page
Expansion of the Online Retail Sector is Estimated to Bolster its Demand in the Market
The expansion of the global adult diaper market is likely to be driven by the rapid growth of the geriatric population with medical conditions like dementia, severe diarrhea, mobility impairment, and incontinence. In addition to that, growing awareness toward improved hygienic condition is another factor that is likely to favor the expansion of the global adult diaper market.
Phenomenal expansion of the online retail market for various products including hygiene products is likely to add to the growth of the market in years to come. The expansion of the online retail sector is primarily ascribed to the cost effectiveness, better visibility of products, improved management of inventory, and growing reach of the customers.
Irrespective of such favorable trends, various factors like stigma and shame attached to incontinence, especially in the developing and under-developed countries are likely to restrict the growth of the global adult diaper market.
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Underwater Camera Housing Market Trends, Investment, Statistics and Regional Opportunities to 2027

  April 21, 2020    No comments
  • An underwater camera housing is a device used as a cover case that envelops the camera when used inside water. Camera housings are usually waterproof and pressure-proof to sustain the high pressure inside the sea. In other words, underwater camera housings act as a protective cover case for cameras and provide protection from water and high pressure while conducting underwater photography. 
Key Drivers of the Global Underwater Camera Housing Market
  • Growing popularity of marine tourism and broadcasting channels is one of the key growth factors for the underwater camera housing market. Increasing number of youngsters opting for adventure tours to escape their daily routine and experience new adventures is propelling the tourism industry significantly. Underwater tourism is gaining traction as ocean depths are being considered as new areas of exploration. New scuba diving sites are coming up for underwater sightseeing across the world. Additionally, exploration of new marine animals by marine researchers is gradually becoming popular worldwide.
  • Furthermore, a surge in the number of internet users across the globe due to increasing internet penetration and growing adoption of mobile devices and tablets is seen. The number of users on various social media platforms such as Instagram, Facebook, Snapchat, YouTube, and Twitter has increased significantly due to the popularity of these platforms. A large number of individuals post and share their activity right from breakfast to adventure trips on social media. For example, Umbul Pongokk a pond in Indonesia became popular for underwater snorkeling and photography through the Instagram app. Currently, the pond has an Instagram account with 40000 followers. Therefore, demand for underwater camera housing is anticipated to increase during the forecast period with the growth of such social media applications. 
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Increasing millennial population in emerging economies anticipated to create lucrative opportunities for the underwater camera housing market
  • Population of young people is increasing in developing economies such as China and India. This young population is tech savvy and willing to invest in the best of gadgets to keep abreast of ongoing trends in the market. Increasing number of youth are opting for underwater cameras to capture underwater scenes such as beautiful coral reefs, underwater creatures, and wrecked ships, and share them on social media for their family and friends. This is projected to drive the underwater camera housing market. 
Asia Pacific offers growth avenues for the global underwater camera housing market
  • Geographically, the global underwater camera housing market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • Countries in North America and Europe are home to some of the key coastal beaches as well as coral reefs that are popular for underwater snorkeling and scuba diving.
  • Asia Pacific on the other hand is anticipated to create lucrative opportunities in the next couple of years. Increasing youth population, emergence of new tourism hubs (especially marine tourism) as well as shift of tour vacations from western regions to the Asia Pacific region is anticipated to create lucrative opportunities for the underwater camera housing market.
  • Other regions such as South America and Middle East & Africa have strong potential growth for the underwater camera housing market. 
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Key Players Operating in the Global Market
The global underwater camera housing market is moderately fragmented with presence of many key global players along with many regional manufacturers. A few of the key players operating in the global underwater camera housing market include:
  • Ikelite
  • Sea & Sea Co.
  • Aquatica Digital
  • Nauticam
  • Fantasea
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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 ...