Thursday, 4 June 2020

PV Module Market Estimated to Flourish at by COVID-19 Crisis 2018 – 2026

  June 04, 2020    No comments
According to a new market report on the PV module market, published by Transparency Market Research, the global PV module market is expected to reach US$ 15.13 Bn by 2026, expanding at a CAGR of -7.7% from 2018 to 2026. According to the report, the global PV module market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at about -6.6% through 2026. Increasing residential use of PV module is anticipated to significantly drive the global PV module market across Middle East & Africa. 
Rising cost of electricity generation and government subsidies driving the global PV module market
In the global PV module market, the rising cost of electricity generation and the subsidies offered by governments is leading to noteworthy growth in the market around the globe. Further, the global PV module market is showing significant growth in emerging regions due to increase in the crystalline silicon type manufacturing to achieve high productivity and efficiency. The rising demand and increasing consumption of solar power energy is estimated to contribute to the growth of the PV module market in the coming years. Key players in the market are continuously enhancing their research and development expertise to design advanced PV module systems required in residential, commercial, and industrial sectors.  
PV module Market: Scope of the Report
The global PV module market is broadly segmented by type, component, mounting type, connectivity, and end-use industry. According to the research study, based on type, the crystalline silicon segment held the maximum market share and is anticipated to expand at a moderate CAGR of -7.4% through 2026. The negative CAGR is due to the fall in the prices of PV modules.
Crystalline silicon revenue contribution is primarily due to its extensive use in various industrial applications. Crystalline silicon segment is anticipated to remain dominant over the forecast period.
Based on component, the solar panel segment of the PV module market held maximum market share of about 42.6% in 2017, followed by batteries. Solar charge controllers segment is projected to grow at a healthy CAGR. By mounting type, the ground-mounted segment is expected to have the largest market share of 65.5% in 2026. This is due to rising industrial applications. In terms of connectivity, the grid tied solar PV segment is expected to capture maximum market share. Based on end-use industry, the industrial segment showed significant market share in 2017 due to increasing applications, and a similar trend is anticipated to be seen over the forecast period. The residential segment is anticipated to witness highest CAGR growth due to the rising awareness about global warming and solar energy being a clean and free source of energy. The commercial segment is expected to show decent growth over the forecast period.
Asia Pacific (APAC) held the largest market revenue share of the PV module market in 2017 and the market in this region is anticipated to grow at a CAGR of -6.6% during the forecast period. Increasing investment by companies and the growing demand for solar PV modules is anticipated to drive the PV module market across APAC. Analyzing the Asia Pacific PV module market at country level, in 2017, China held major revenue share of the Asia Pacific PV module market followed by Japan. However, in terms of revenue generation, India is anticipated to grow at a healthy and significant CAGR over the forecast period. Rising residential applications of solar PV modules across the country is likely to create a lucrative market for PV modules.
Global PV module Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global PV module market. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players in the PV module market are Jinko Solar, GCL-Poly Energy Holdings Limited, Canadian Solar Inc., First Solar Inc., Renesola Ltd. Trina Solar Limited, Leonics Company Limited, AE Solar GmbH, Itek Energy, and Wuxi Suntech Power Co. Ltd. Various business strategies are being adopted by the market leaders. Companies are focusing on expanding their business by developing strategic partnerships and by offering innovative solutions in the end-use market.
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Blow Fill Seal (BFS) Technology Market to Witness an Outstanding Growth by COVID-19 Crisis 2018 – 2024

  June 04, 2020    No comments
For a number of manufacturers, maintain an aseptic method of processing is paramount, particularly pharmaceuticals and food and beverages. Blow fill seal (BFS) technology provides for a contamination-free environment and is adequate for producing as small as 0.1 ml and as large as more than 500 ml liquid filled containers in a rapid manner. The technology of blow-fill seal curtails, if not crosses out, individual intervention, which makes a strong method for the preparation of sterile products. According to a recent business intelligence study by Transparency Market Research (TMR), the Latin America BFS technology market will be worth US$337.8 million by the end of 2024, with the demand projected to increment at a notable CAGR of 6.4% during the forecast period of 2016 to 2024.
Major Players Investing to Increasing Production
Sticking to the geographical territory of Latin America, the analyst of the TMR report has detected a highly competitive vendor landscape, which is marked by investments by the major players to improve their production processes and hence cater to greater demands. The report has identified Brevetti Angela S.R.L, Unither Pharmaceuticals, Unipharma, LLC, and Takeda Pharmaceuticals International AG as some of the key companies currently ahead of the curve in the Latin America blow fill seal technology market. The dominant companies are focused on enhancing their production methods to reduce the compilation of non-viable particulate matters.
Material-wise, the TMR report segments the market for blow fill seal technology into polypropylene (PP), high density polyethylene (HDPE), low density polyethylene (LDPE), polyethylene (PE), and others such as ethylene vinyl alcohol (EVOH). Product-wise, the market for BFS in the region of Latin America has been bifurcated into 10-50 ml, 1-10 ml, vials, 10-100 ml, ampoules, above 500 m, 100-500 ml, 2-100 ml, bottles, and others.
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End users studied under this report as cosmetic and personal care product manufacturers, food and beverage industry players, pharmaceutical producers, and others. Country-wise, Brazil has been foreseen to remain the key for the players, promising to provide considerably greater demand than other lucrative countries including Mexico, Argentina, Colombia, and Venezuela.
The prosperity of the healthcare industry, and its strong positive reflection on the pharmaceutical industry, is the primary driver of the blog fill seal technology market. Latin America as a region is growing profitably for the healthcare players with increased per capita income of citizens of various emerging economies and uptake for high quality drugs is on the rise. The analyst of the TMR report has noted that nearly 99% of the total demand in the Latin America BFS technology market came from the pharmaceutical industry.
In addition to that, the advents advanced technologies such as blow-fill insert seal and co-extrusion are also expected to boost the demand. The food and beverage industry is also expected to add to the demand in the near future.
Key Takeaways:
  • The Latin America blow fill seal technology market is estimated to be worth US$337.8 million by 2024, increasing robustly from its evaluated worth of US$205.5 million as of 2016
  • The pharmaceutical industry continues to generate the most prominent chunk of demand
  • Highly competitive scenario is forcing players to counter each other on the basis of increased production efficiencies and territorial expansion.
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The information presented in this review is based on a Transparency Market Research report, titled, “Blow Fill Seal (BFS) Technology Market (Product Type - Bottles (0.2-100 ml, 100-500 ml, and Above 500 ml), Ampoules (0.1-10 ml and 10-100 ml), and Vials (0.1-10 ml and 10-50 ml); Material Type - Polyethylene (Low Density Polyethylene and High Density Polyethylene), Polypropylene, and Ethylene Vinyl Alcohol; End User - Pharmaceutical, Food & Beverage, and Cosmetic & Personal Care) - Latin America Industry Analysis, Application Type, Share, Growth, Trends and Forecast 2016 – 2024.”
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Wednesday, 3 June 2020

Garbage Collection Trucks Market Projected to Witness Vigorous Expansion by 2018-2026

  June 03, 2020    No comments
Rapid industrialization and burgeoning populations across the global has augmented the need for garbage collection trucks. Difficulty in managing different type garbage and primitive and inappropriate waste management methods is likely to boost demand in the global garbage collection trucks. According to World Bank’s data, there is approx. 2.2 billion waste will generate by 2025. Owing to these facts, the demand in the garbage collection trucks market will increase in the forthcoming years.
The report on the global garbage collection trucks market contains detailed information derived from primary and secondary research. It provided qualitative and quantitative assessment of this industry. Information is presented in a comprehensive manner that helps the readers to understand it more clearly and in a simple manner. Key trends prevailing in the market related to electric cargo bikes, governing factors, and macro-economic indicators are also given in the report. The emphasis is put on the key trends and opportunities created in the market and are divided into different segments.
Global Garbage Collection Trucks Market: Trends and Opportunities
Rising population and increasing industrialization are the key factors that have significantly grown the demand for better and advanced ways to manage garbage production. In addition, high demand for different packaged products and changing fashion trends also contributes in garbage generation. Due to these factors, various private and government organizations are making consistent efforts to deal with this issue.
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Even technological advancements are made in garbage management that will simultaneously benefit the global garbage collection tuck market. Development of new garbage collection equipment, waste segregation, and few other advanced feature are added in garbage collection trucks that will also fuel the market’s demand.
Global Garbage Collection Trucks Market: Geographic Analysis
With respect to geography, highest demand for garbage collection trucks was seen in North America due to the strong presence of key players. But with growing regulation and strong policies related to environment safety, Europe is expected to lead the market during the forecast period. Moreover, increasing efforts to curb growing pollution levels across the globe, government in this region is marking deliberate efforts to properly treat garbage.
Large industrial base and increasing stable residential sector are few other factors contributing in the growth of the Europe garbage collection trucks market. Moreover, adoption of electric and CNG based garbage collection trucks is also expected to bolster the demand in this market. Rapid increase in waste generation due to burgeoning population has also fueled the demand in the global garbage collection trucks market.
Global Garbage Collection Trucks Market: Companies Mentioned 
The report also includes a detailed analysis of the leading vendors operating in the garbage collection trucks market. Information provided in this section of the report helps in strategically understanding the key investments pockets in this market. It also helps in crucial growth drives and key strategies used by the players. This will assist other companies to grow and adopt advanced strategies. Moreover, by adopting advanced strategies, players are also expected to increase their geographical presence in the global garbage collection trucks market.
Adding further, rising initiatives by key players in research and development activities might give them a competitive edge in the market. In this report, researchers have analyzed few prominent players including Ceec Trucks Industry, Dongfeng Motor, Cheng Li, Curbtender, Cnhtc, Zoomlion, Foton car, Fujian Longma sanitation, Dennis Eagle, Labrie Enviroquip, Faun, McNeilus, EZ Pack, Bridgeport Manufacturing, Galbreath, and Wayne.
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Automotive Washer Pumps Market Estimated to Expand at a Robust CAGR over 2018 – 2025

  June 03, 2020    No comments
The demand for automotive washer pumps is likely to increase substantially during the forecast period. The demand for pressure pumps is directly proportional to the increase in the vehicle production around the world. According to International Organization of Motor Vehicle Manufacturers (OICA), the global vehicle production stood at 94.97 million in 2016. In 2015 the production was 90.78 million. There was an increase of about 4.6% year on year. The global vehicular production is likely to reach 113.54 million in 2021. This increase is likely to augment the demand for automotive washer pumps in the coming years.
Another key driver that is likely to drive the demand for automotive washer pumps is the rise in demand for automotive wiper systems and headlamp washer systems. Cars and trucks have the capability of incorporating two windshield wipers. The number of automotive washer pumps has remained constant. These were only a part of the cars in the mid-luxury and luxury segment. However, nowadays all the cars have these components from the manufacturing side. As the demand from the customers to buy wipers with high quality and improved durability, manufacturers are looking to generate the demand through increase in the number of cars sold as the number of automotive washer pumps cannot be increased.
The number of accidents is on the rise. According to the Centre for Disease control and Prevention, the number of motor vehicle traffic death has been around 10.6 per 100, 000 people. This number is set to rise in the coming years. Moreover, governments, consumers, insurance companies, and manufacturers of automotive products are extremely concerned about the swelling number of road accidents per year. This has led to significant investments by many groups in order to develop new technologies and enhanced products to reduce the number of accidents.
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This has resulted into the development of products including improved wiper systems, airbags, telematics, seatbelts, and GPS. Furthermore, the development of the automotive washer pumps market is inclined to rise depending upon the increase in road safety programs. Wiper systems with effectual washer pumps aids in clear vision, thereby reducing the incidents of accidents, and they also keep the driver safer in dangerous weather conditions including snow, rain, and dust storms.
The global automotive washer pumps market can be segmented by product type, vehicle type, technology, displacement type, and geography. In terms of product type the global automotive washer pumps market can be segregated into fuel pump, oil pump, water pump, windshield washer pump, steering pump, transmission pump, fuel injection pump, and vacuum pump. The fuel injection pumps segment is likely to account for the maximum share of the global automotive washer pumps market. This is due to the augmented demand for fuel efficient vehicles as well as increase in acceptance of automotive technologies such as gasoline direct injection. The transmissions pump segment followed the fuel injection pumps segment in terms of value. This growth is due to the rise in manufacturing of automatic transmission systems across the world.
By vehicle type the global automotive washer pumps market can be divided into passenger car, light commercial vehicles, and heavy commercial vehicles. On the basis of technology, the market is bifurcated into electric pump, and mechanical pumps. Based on displacement type the global automotive washer pumps market is segmented into variable displacement, and fixed displacement.
In terms of geography, the global automotive washer pumps market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region accounted for the maximum share of the global automotive washer pumps market. Increase in sales of passenger cars, , the growing focus on safety features, amplified government regulations, and rise in demand for fuel efficient vehicles, especially in the passenger car segment are expected to boost the demand for automotive washer pumps in the Asia Pacific region.
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Automotive Ventilated Seats Market Projected to Discern Stable Expansion During 2018-2025

  June 03, 2020    No comments
Automotive seat ventilation is an advanced feature which is built in the car seat to direct air to the occupant through the seat for enhanced comfort, particularly in warm weather conditions and long journeys. The chief benefits associated with automotive ventilated seats include, reduction of seat temperature when vehicle is parked in the sun and drying any moisture or sweat between the seat and the occupant. These seats function through several fans attached in the backrest and seat cushion. Automotive ventilated seating systems are a common feature in luxury and premium segment cars. However, at present automakers are focusing on offering these systems to mid-segment and even entry level vehicles. There are many automobiles which offer different fan speeds in the seat ventilation. Ventilated seats are capable of co-existing and functioning with other types of vehicle seat luxuries such as massage seats, cooled seats and powered seats.
The global automotive ventilated seats market is characterized by the presence of some established players who are catering to the increasing number of customers who have a preference towards convenience systems and vehicle security. The developed and dominant automotive economies such as Japan, North America and Europe are witnessing high adoption rated of automotive ventilated seats as they focus on convenient systems in vehicles, comfort and safety.
Additionally, the automotive industry is strictly governed by stringent standards and regulations, which are set to further influence and impact the popularity of advanced automotive seating systems. The growing preference for ventilated seating in automobiles is been fueled by the well laid roadways network and advancements in the infrastructure technology. The integration of advanced technologies in the rear seat is boosting the luxury quotient, thus driving the demand for seat ventilation; Further, several benefits such as enhanced safety level, comfort level, price reduction and stress reduction are fuelling the customers’ focus towards premium cars, which is in turn boosting the global market growth.
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The global automotive ventilated seats market can be segmented on the basis of vehicle type into sedans and SUVs. Sedans accounted for the maximum share of the global market in 2016 and are expected to maintain its dominance throughout the forecast period. One of the major factors responsible for the growth of this segment is the consistent growth in sales of luxury and premium segment vehicles in the developing countries of India and China.
The global automotive ventilated seats market can be further classified geographically into North America, Europe, Asia Pacific, South America and Middle East and Africa. Among these regions, North America held the highest share of the global market in 2016 and is set it witness steady growth during the forecast period. The growth of automotive ventilated seats market in this region is expected to be triggered by the increasingly growing presence of a lucrative luxury car market in North America.
The global automotive ventilated seat system market is diversified and highly competitive, owing to the presence of several international and regional players across the globe. Some of the key factors contributing to the growing competition in the global market are improvements in fuel efficiency and a shift of the automotive industry towards vehicle downsizing. The report provides the market share analysis of the key industry participants operating in the industry.
The global market comprises a considerable number of manufacturers. These players have been exhaustively profiled and their business overview, financial overview, business strategies and recent developments have been covered under the purview of the report. Some of the major players operating in the global automotive ventilated seats market include Faurecia, ebm-papst, TS TECH CO., LTD., Gentherm Incorporated and Toyota Boshoku Corporation among others. Other prominent vendors operating in the market are DURA Automotive Systems, Magna International and Lear Corporation.
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Motor Control Centers (MMC) Market Estimated to Experience a Hike in Growth by 2018 – 2025

  June 03, 2020    No comments
An assembly of motor starters or device overload protectors (such as overload relays) connected by a common source power bus are known as motor control centers (MCCs). The MCC controls several motors which are connected to the power bus. The primary purpose of MCC is to control the distribution of power to electrical motors. MCC panels contain variable frequency drives, program controllers, and metering devices. The National Electrical Manufacturers Association (NEMA) defines MCC as a floor-mounted assembly with one or more vertical sections, horizontal and vertical buses for distribution of power, and multiple combination of motor control units. An MCC is typically made of a steel structure that contains the combination motor control units, wire-ways, internal wiring, and bus bars. The major purpose of an MCC is to function as a power distribution center.
Motor Control Centers Market: Dynamics & Trends
MCCs are physical groups of starters combined in one assembly. This combined starter is a single enclosure comprising the motor starter, fuses, and circuit breaker, and a device for disconnecting power. Push buttons and indicator lights, which are other devices associated with the motor, can also be included. Currently, production and manufacturing units widely accept the usage of MCCs, since they can effectively reduce downtime occurring due to equipment damage. An MCC has integration capability for business networks and manufacturing/production networks together. MCCs have been employed since the 1950s, especially in automobile manufacturing.
An MCC requires controlled environment (air-conditioned) depending on the area of application and is generally located adjacent to the machinery controllers. MCCs have longer useable lifespan. They can be used to shut the power of a large number of devices located centrally for maintenance since the MCCs are a power distribution centers with circuit breaker facility,. MCCs require significantly less line-side power wiring and separate controls. This makes them easier to install. MCCs are packed in such a way that they are space-efficient and thus, maintenance work can be carried out centrally. They offer highly efficient fault containment system and electrical component isolators.
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Motor Control Centers Market: Segmentation
In terms of application, the MMC market can be segmented into automotive painting plants, electrical and automation panels, laser parts, and sheet metal fabrication plants, HVAC systems, and others. In terms of components, the market can be segmented into overload relays, circuit breakers/fuses, and motor circuit isolators. In terms of voltage range, the motor control centers market can be segmented into low voltage (200-600 V), medium voltage (601-2,299 V), and large voltage (2,300-15,000 V). In terms of region, the global motor control centers market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Motor Control Centers Market: Region-wise Outlook
The global MMC market is driven by the rising requirement for industrial automation, which is essential to increase productivity and reduce overall operational cost. Asia Pacific, in specific, has major manufacturing, industrial plants set up due to low cost. Demand for MCCs is anticipated to increase significantly, as compared to other regions, to have high efficiency.
Motor Control Centers Market: Key Players
Key players operating in the global Motor Control Centers market include ABB, Siemens AG, Rockwell Automation, Inc., Vidyut Controls India Pvt. Ltd., and GE.
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Dog Bowl Market Set to Surge Significantly During 2019-2027

  June 03, 2020    No comments
  • Pet humanization has led to rise in sale of pet care products globally.  Dog bowl is an oval or round shaped utensil used while feeding dogs. Dog bowls are found in zoos, kennels, animal shelters, pet stores etc. Dog bowls are made from various materials and special care is taken to choose the material in order to avoid pet injuries.
  • The number of dog owners has increased in the past few years. The dog bowl market is expected to grow during the forecast period due to a thriving business environment, globalization, and awareness about pet health and hygiene. 

Key Drivers, Restraints, and Opportunities of the Global Dog Bowl Market

  • People like to take their dogs on vacations or for outdoor activities. In such scenarios, a dog bowl comes handy and is easy to carry. Dogs are welcomed in most social places and this is expected to further fuel the dog bowl market. Pet parents now want to match their dog bowls with their décor, thus offering opportunities for customized bowls. Consumers are also purchasing multiple dog bowls to keep it at different places. Promotion of dog bowls for charitable causes is also set to fuel the market; for example, promotion of green and red bowls for Christmas, pink bowls for breast cancer awareness and so on.
  • Various stores and online websites provide popular dog bowl brands. A dog bowl is not a high tech product but manufacturers are putting in extra effort as they understand how consumers feel about their pet. Also, consumers have become knowledgeable and are particular about style and function of the bowl.  Manufacturing companies offer bowls with various shapes and sizes to attract more consumers. Changing dog food habits and choices will lead to demand for different bowl types. Glass bowls are more hygienic and are expected to trend during the forecast period. Adjustable dog bowls with noise cancellation equipment is projected to further drive the market.
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  • People are looking for bowls which help in reducing the gobbling noise. The dog bowl market is expected to grow at an exponential rate due to increasing demand for customized bowls. Rising disposable income and advantages of owning a pet has resulted in a growing number of dog owners globally. Owning a pet is beneficial for social, emotional, and physical well-being. This is expected to be a key factor driving the global dog bowl market during the forecast period.

North America to Lead the Global Dog Bowl Market

  • Geographically, the global dog bowl market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
  • Consumers are looking for reputed and trust worthy companies. Global players are extending their boundaries and gaining a competitive edge.
  • North America is expected to lead the global dog bowl market during the forecast period. Developing countries such as India, Canada, and Brazil are also likely to create business opportunities due to changing lifestyles and rise in income.
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Leading players operating in the global dog bowl market include:
  • Outward Hound Fun
  • PetFusion Elevated
  • Crown Majestic Diamond
  • Bergan Easy
  • Neater Feeder
  • JW Pet SkidStop
  • OurPets Premium DuraPet
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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 ...