Automotive On-board Power Inverter Market Trends and Future Scope with Upcoming Opportunities

An inverter is a device that is plugged into a vehicle's 12v power supply. This device converts the 12v power supply to 230v AC mains power thereby enabling the user to operate the electrical and electronic equipment safely at a distance from the standard mains power. Several electronic gadgets require more power and hence there is growing need for inverters which convert DC to AC. The automotive on-board power inverter s are contrived to run on the 120-volt AC power. These inverters change polarity continuously, transmitting current one way over the circuit, and then disappearing and sending the current the other way. This entire process takes place very quickly, typically, at a speed of about 60 periods per second. Most common configurations include fuse panel, cigarette lighter, direct to battery, and the 12v accessory socket.

The global automotive on-board power inverter market is likely to grow at a moderate CAGR during the forecast period 2017-2025. The rising adoption of handheld devices inside an automobile is one of the key factors that will drive the growth of the global on-board power inverter market during the forecast period.  As per the Traffic Safety Administration (U.S.), the rising prevalence of handheld devices among drivers have increased the growth prospects of on-board power inverters.

Additionally, the rising cab aggregators industry across the world is likely to increases the application of navigation systems and smartphones amongst drivers. This factor is likely to add to the growth of the global automotive on-board power inverter market in the coming years. Another key driver of the market is the double digit growth rate of electric vehicle market in the world. The expected growth in sales of electric vehicle is likely to boost the automotive on-board power inverter market in the future.

The global automotive on-board power inverter market can be segmented by vehicle type, power range and region. In terms of type of vehicle type, the global market can be segregated into passenger vehicles and commercial vehicles. The passenger vehicle segment includes sedans, hatchbacks, multi-purpose vehicles (MPVs), and sports utility vehicles (SUVs).

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Owing to their higher demand and production than LCVs, the passenger vehicle segment is likely to be the leading segment over the course of the forecast period. On the basis of power range the global automotive on-board power inverter market can be segregated into less than 150 W, and over 150 W. The less than 150 W segment is likely to occupy a major share of the market. This is due to the fact that use of electronic devices including consoles, laptops, charging mobile phones, and DVD players requires low power range. The high range power inverters are primarily used in the commercial vehicles.

In terms of geography, the global automotive on-board power inverter market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the maximum share of the market in 2016. The presence of major automobile companies including Ford Motor Company and General Motors is one of the primary reasons for the dominance of this region.  Moreover, the projected rise in the number of passenger as well as commercial vehicles in the region is likely to add to the growth of the automotive on-board power inverter market during the forecast period.

Although the market is categorized by the presence of a number of players, especially in the aftermarket segment, the prerequisite for expertise in the area of vehicle's electrical system as well as the specification for installation of the inverters have placed the OEMs as the favored choice among the customers. Some of the major players operating in the global automotive on-board power inverter market are Lear, Calsonic Kansei, Delta Electronics, Magnum Dimensions, Bestek, Samlex America, and Stanley.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Luxury Apparels Market Business Opportunities and Regional Outlook

A recent report by Transparency Market Research states that global luxury apparels market is projected to witness a robust growth from 2016 to 2024. As per the report the growth is the result of demand for designer clothing in women across the globe. Moreover, the changing life style of people in India, China, and the U.S. is also attributing to the growth of the market in the projected tenure. Based on the growing trend for wearing high class dress at various occasions the global luxury apparels market is anticipated to experience 13.2% CAGR in coming years.

Tight Competition Still Draws Major Revenue

The global luxury apparels market is currently having a fragmented scenario. This is because, there are several businesses and designers that are designing and developing high-end designer clothes for women. As a result of this scenario the market is highly competitive which is quite challenging for new players to enter. However, to establish themselves in the global luxury apparels market, the new players are adopting product promotions and branding as their resort.

Additionally, social media is also playing an important role in establishing these players in the global luxury apparels market. With the help of the vast reach of social media platforms such as Facebook and Instagram, businesses dealing in luxury apparels can reach to a larger number of audience.

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Cumulatively, the competition and strategies to overcome it is anticipated to be an advantage for the growth of global luxury apparels market. In terms of revenue the market is expected to reach to the value of US$ 60.7 bn by the end of 2026.

Growing Disposable Income of People to Boost the Growth

The economy of several countries is gaining a major momentum these days. This growing and stabilizing economy is boosting the disposable income of an individual especially females. Due to this increasing disposable income, more people and can purchase and afford the designer clothes. This growth in the affordability by the consumers, is aiding the growth of the global luxury apparels market.

Moreover, the growth of online shopping portals that can deliver the high-quality product right at the customers’ door steps is another factor responsible for the pacing growth of global luxury apparels market.

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Condom Market Insights On Current Scope 2024

The condoms market in China features a high level of consolidation, with the top three companies accounting for over 70% share in the overall market in 2015, states Transparency Market Research (TMR) in a recent report. These three companies, Reckitt Benckiser Group plc, Ansell Ltd., and Church and Dwight Co., command a prominent position in the overall growth dynamics of the China condoms market, giving a tough competition to local manufacturers.

To strengthen their position in the market amid the intense level of competition, companies such as Reckitt Benckiser Group plc have resorted to the development of innovative products and newer ways of marketing to knock off the threat of counterfeit products and high advertisement and distribution costs. The company shifted to an all-digital and all social strategy post 2010, which helped the company to increase its share in the overall market from 30% in 2010 to 45.6% by 2015.

Rising Awareness about Efficacy in Controlling Sexually Transmitted Diseases to Boost Adoption

Condoms have gained an increased level of acceptance in China after the government actively started endorsing condoms as an effective way of preventing sexually transmitted diseases such as HIV/AIDS and Chlamydia. Prior to 2002, condoms were endorsed by the government as a hygiene concept, leading to a marketplace with narrow growth opportunities. With rise in active initiatives by the government aimed at educating the masses about the importance of safe sex, the sales of condoms have substantially increased.

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Apart from this factor, the improving quality of lifestyles, driven by a strengthening economy, and the rising know-how about safer ways of preventing contraception and sexually transmitted diseases have also worked substantially in favor of the country’s condom’s market. Sales of a variety of condoms have also increased in the country owing to factors such as the rising popularity of female condoms, rise in the country’s sexually active demographic, and increase in usage of homosexual condoms.

Condom Sales Face Rough Weather as China Ends One Child Policy

Ever since the announcement that China had ended the one child policy was made at the beginning of 2015, manufacturers of condoms had been dreading reduction in the overall sales of condoms in the country. The fears did not turn out to be insignificant and key vendors operating in the China condoms market started witnessing a slump in demand. By the end of 2015, Okamoto Industries saw a dip in its market share by 24%, Female Health witnessed a decline of 19% and shares of Church and Dwight dropped by 3%.

Though the present-day impact of this factor is tremendous on the market, the trend is expected to have a low impact on the overall condoms market in the long-run. Analysis estimates that the awareness regarding protective properties of condoms will work more in favor of the China condom market in the long run than how the end of the one-child-policy is negatively impacting sales currently.

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TMR analysts suggest that strategies such as product innovations and adhering to innovative ways of reaching the consumer, along with marketing gimmicks that could keep educating a larger consumer base about the preventive health benefits of using condoms will help condom companies gain more sustainable growth opportunities in China.

The China condom market is expected to expand at a 12% CAGR from 2016 through 2024 in terms of revenue, rising from a valuation of US$1.84 bn in 2015 to US$5.04 bn by 2024. In terms of volume, the market is expected to expand at an 8.1% CAGR over the said period. The product variety of warming condoms is presently the leading contributor to the China condoms market’s overall revenues, accounting for a share of over 31% in 2015. In terms of material, latex condoms accounted for over 50% in market’s revenues in 2015.

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Underwater Camera Housing Market Intelligence Study for Comprehensive Insights

• 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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Bio Magnetic Ear Stickers Market - Key Regions, Company Profile, Opportunity and Challenge 2027

• Most people across the globe are becoming more health and wellness conscious, and obesity concerns top the list.
• Various products available in the market cater to weight loss concerns; bio magnetic ear stickers are one of them
• Bio magnetic ear stickers originate from the branch of alternative medicine. These stickers deal with pressure points on ears, also known as auriculotherapy.
• The concept was researched and discovered during the era of World War II
• Bio magnetic ear stickers are tiny magnets attached to the ears with a small bit of tape. These magnetic stickers when placed over certain spot over the ears promote blood circulation and potentially enhances the functions of the body. 

Rising Obese/Overweight Population to Drive the Global Bio Magnetic Ear Stickers Market

• Exponentially rising obese/overweight population across the globe offers bio magnetic ear sticker marketers with noteworthy growth opportunity
• As per the World Health Organization, in the year 2016, nearly 18% of children and adolescents of age 5 – 19 years were found to be either overweight or obese
• Further as per CDC (Centers for Disease Control and Prevention) the prevalence of obesity in the U.S from 2015 – 2016 was approximately 39.8% and impacted nearly 93.3 million.
• This trend in prevalence of obesity is expected to increase the demand for healthcare products that stimulate weight loss, which in response is also expected to accelerate the global sales of bio magnetic ear stickers. 

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Market Growth Opportunities Aligned with Shifting Consumer Preference Toward Online Shopping

• Modernization and explosive growth of e-commerce has made it easier for small scale manufacturers to establish a global presence
• Furthermore, shift in consumer buying trends is also expected to provide market players with an opportunity to expand their customer base
• Companies are expected to gain access to a wide consumer base present globally with the help of interactive digital platforms and social media influencers
• In the coming years, the rising influence of social media and digital platforms on consumer buying decisions is anticipated to bolster the sales of bio magnetic ear magnets 

High Cost and Intense Competition Might Challenge the Market

• Despite scientific research and proof attached to the benefits of using bio magnetic ear stickers, consumers are hesitant to buy them owing to their relatively high cost and uncertain results
• Besides, the market is highly fragmented with the presence of numerous small and mid-scale local manufactures. This is expected to adversely impact the market in the coming years. 

Asia Pacific to Hold Leading Share of the Global Bio Magnetic Ear Stickers Market

• In terms of geography, the global bio magnetic ear stickers market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Country and sub-region level analysis of North America region features the U.S., Canada, and Rest of North America. Analysis and forecast of the bio magnetic ear stickers market in Europe includes markets across 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 the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The bio magnetic ear stickers market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific dominated the global market in 2018, owing to presence of several small manufacturers present across China and India. In addition, the densely populated countries across the region having substantial number of overweight people, which is also expected to drive growth in APAC.
• The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period 

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Key Players Operating in the Bio Magnetic Ear Stickers Market

The global bio magnetic ear stickers market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global bio magnetic ear stickers market are: 

• Auritech Medical In.
• Trendgem
• Viola Bio-tech Private Limited.
• Yosif Limited
• Waymine

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Protein Shampoo Market - Generate Massive Revenue In Upcoming Future 2019–2027

• Shampoos play an important role in the hair care routine of an individual. A protein shampoo contains added proteins that help strengthen the hair and cleanse the scalp. A protein shampoo is manufactured as a combination of cleansers, moisturizing agents, and surfactants, which nourish the hair. This shampoo protects the hair from breakage and maintains their overall condition. Rising number of hair issues such as hair loss, dry and frizzy hair textures, dandruff, and growing awareness about hair care among consumers are expected to fuel the global protein shampoo market during the forecast period.

Growth in Number of Hair Issues to Fuel the Global Protein Shampoo Market

• Rising air pollution and increasing occurrence of harmful chemicals in the surroundings have led to growth in the number of hair issues among people across the globe. Growth of pollution promotes hair issues such as hair fall, dandruff, scalp irritation, dryness, and hair breakage. Use of protein shampoo provides a necessary solution for hair issues. This is anticipated to fuel the usage of protein shampoos in the near future. The growing number of individuals with hair issues is likely to drive the global protein shampoo market in the near future.

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Rise in Awareness about Personal Care to Drive the Global Protein Shampoo Market

• Growing awareness regarding personal care among youngsters has increased the sale of personal care products such as skin care, hair care, and oral care products. Protein shampoo restores the elasticity of hair by making them healthy and strong. Protein shampoos are being increasingly preferred by users due to these benefits. Protein shampoos offer nourishment and moisturize dull and lifeless hair strands. This is likely to fuel the usage of protein shampoos, thereby driving the global protein shampoo market during the forecast period.

North America to Lead the Global Protein Shampoo Market

• In terms of region, the global protein shampoo market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa
• The protein shampoo market in North America includes Canada, the U.S., and Rest of North America. The Europe market comprises the U.K., Germany, France, and Rest of Europe. The South America protein shampoo market can be segmented into Brazil and Rest of South America. The protein shampoo market in Asia Pacific comprises China, India, Japan, and Rest of Asia Pacific. The protein shampoo market in Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa.
• North America is likely to witness the maximum demand for protein shampoos, followed by Asia Pacific, from 2019 to 2027

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Leading manufacturers of protein shampoo products have extensive distribution networks as well as deep product penetration. Several manufacturers of protein shampoo are focusing on innovation of their existing products.

Key Manufacturers Operating in the Global Market

The global protein shampoo market is highly fragmented. Key manufacturers operating in the global market are:

• L'Oréal S.A.
• Procter & Gamble
• Unilever
• Shiseido Company
• Estée Lauder Companies Inc.
• Keratin Complex

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Braided Hoses Market - Top Participant To Focus On Regional Expansion

• Braided hoses are tubes which can be utilized for the transfer of air, gases, and fluid substances under low or high pressure. The presence of the wire on braided hoses enhances the reliability of the hose and offers added strength. Braided metal hoses are adopted in fields of applications such as hydraulic & pneumatic medium, air-conditioning and heat techniques, technical gases, vacuum techniques, solar techniques, and hot steam conveyance.
• Braided hoses are available in different sizes, material, and configurations. They are available in both rigid and flexible form. Steel braided hoses are mainly used in manufacturing facilities and for industrial purposes etc.

Rise in usage of braided hoses in industrial manufacturing and in oil & gas industries anticipated to drive the market

• Rapid increase in installation of various types of braided hoses for industrial manufacturing, and in the oil & gas industry is projected to be a key driving factor for the market. China, India, Japan, Australia, United Arab Emirates, and other countries in Asia Pacific and Middle East & Africa are estimated to drive the braided hoses market due to expansion in the oil & gas industry, and rapid increase in construction activities. Stainless steel braided hoses are the most preferred and commonly used braided hose across the globe.

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Evolution in e-commerce industry to help manufacturers expand business

• Increase in sale of braided hoses through the online mode of distribution is projected to offer lucrative opportunities to manufacturers and distributors of braided hoses to expand their business and presence in various parts of the globe. Producers and suppliers of braided hoses are selling their products on their company website and on various e-commerce websites across the globe. Companies are also undertaking promotions and advertising campaigns on different media and online platforms to expand the reach of their products in different geographies.

North America and Europe hold major market share of braided hoses

• Geographically, the global braided hoses market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America and Europe dominate the global braided hoses market. The braided hoses market in North America and Europe is anticipated to expand rapidly during the forecast period, due to rise in usage of braided hoses in industrial manufacturing and in the automotive sector in the U.S., Canada, Mexico, U.K., Germany, France, and other European countries.
• Furthermore, the market in Asia Pacific and Middle East & Africa is projected to expand at a significant growth rate during the forecast period. Increase in infrastructure development activities and installation of braided hoses in the oil & gas industry in China, India, Japan, and GCC is expected to surge the demand for braided hoses in Asia Pacific and Middle East & Africa.

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Key Players Operating in the Braided Hoses Market

Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Brands such as KUZUFLEX Flexible Metal Hose, Novaflex, Penflex, Swagelok Company, and Plexitab are focusing on innovation of new products to strengthen their product portfolio and drive the sale of braided hoses in the global braided hoses market. Companies are opting for mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business. A few of the key players operating in the global braided hoses market are:

• KUZUFLEX Flexible Metal Hose
• FlexFit Hose
• Novaflex
• Vega Flex India
• Penflex
• Swagelok Company

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