Monday, 15 June 2020

Laser TV Market - Global Industry Analysis by 2027

  • Laser TV is a type of display which uses lasers to display pictures on screen. Laser TV uses three colored lasers and a rotating mirror to direct the light on to a surface. The combination of different colors generates a wide range of colors compared to other display technologies.
  • Laser TV produces sharp images and avoids the scattering issue which is seen in LEDs. Laser TV uses reflection imaging technology which does not impact the eyes, especially for children and older people.
  • Demand for laser TV is expected to increase during the forecast period in both residential and commercial segments due to changing lifestyle and increasing popularity of digital marketing and home entertainment systems.

Key Drivers, Restraints, and Opportunities of the Global Laser TV Market

  • Laser TVs are energy efficient as the power required for lasers is less; quality of laser is also accurate as compared to plasma and liquid crystal displays. Laser TVs have a longer lifespan and are wireless for ease of operation. The built-in audio feature saves on additional speaker requirement.  Laser technology is energy efficient, durable, and creates bright colors which are not available in any other TV. The global laser TV market is thus expected to grow during the forecast period due to these features.
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However, the laser TV market might face restraints due to the high cost of light source, lack of resources, difficult collaboration chain, and insufficient industrial investment. Industries are still struggling with the laser display standards, and non-traditional advertising technique, usually promoting the product in films and other media which is the trend.
  • Major events such as concerts or expos use laser technology to display clear images. Ahead of major sporting events such as UEFA 2020 and Cricket T20 World cup, many restaurants, cafes, bars, and malls look for better display technology, thus creating an opportunity for the laser TV market.
  • Manufacturers are coming up with new products such as the launch of a self-rising laser TV by Hisense in January 2020 equipped with TriChroma technology, and launch of new laser TVs by LG. Laser TV is expected to be the future of television. Growth in the gaming and sports industry is likely to further drive the demand for laser TVs during the forecast period.
Asia Pacific to Lead the Global Laser TV Market
  • Geographically, the global laser TV market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
  • Asia Pacific is expected to dominate the market during the forecast period. China, Japan, and India provide favorable business opportunity to the market.
  • Asia Pacific is projected to be followed by North America and Europe due to a rising entertainment industry and also due to various upcoming sport events.

Luxury Goods Market - Global Analysis and Latest Study Report 2019 to 2027

Luxury market consists of nine segments, which is dominated by luxury hospitality, personal luxury goods and luxury cars. These segments collectively account for almost 80% of the entire market. Overall, luxury goods market has shown significant growth in recent years. The growth is attributed to growing income of individuals.  Also, luxury items represent social status. Thus, people tend to buy luxury goods to show off their status. Registering the trend, the luxury goods market is anticipated to show promising growth in the coming years.
In category of luxury goods, jewellery and shoes are among top items contributing nearly 7% of the overall revenue generated. Handbags and beauty products are next in line. At the same time, sale of watch produced average revenue.
Emergence of online stores is driving the sale of luxury items. E-commerce is facilitating easy purchase option of products produced at distant places. This, in turn, has contributed significantly to the growth of global luxury good market. On the other hand, contribution through offline stores has decreased drastically. This is a consequence of competition by online stores. 
Registering the preference and demand for online purchase of luxury products, the luxury goods market is anticipated to grow significantly in the coming years.
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Global Luxury Goods Market: Overview
In an era of rapidly changing trends, producers of luxury goods have started to keep a watch on a new class of consumers that is rising these days. High-Earners-Not–Rich-Yet (HENRY) is the new class of consumers is likely to become increasingly relevant in the times to come. In addition to that, luxury goods manufacturers are now making substantial investment to draw the attention of the younger section of the population, who comprise the future consumers of luxury goods. Attempts to trigger interest of younger generation are likely to fuel growth of the global luxury goods market.
These ‘new’ tech savvy generations desire for seamless, individualized brand relationship and are investing in brands across the globe to market products utilizing social and digital media platforms. They are also using the same platform to engage with existing and prospective consumers.
Type, gender, mode of sale, and region are the five key parameters based on which the global luxury goods market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.
Global Luxury Goods Market: Notable Developments
One of the developments that offer a glimpse of the market dynamics about the global luxury goods market is mentioned below:
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  • In November 2019, Louis Vuitton Moet Hennessy (LVMH) acquired US-based luxury jewelry and specialty retailer Tiffany & Co. The acquisition is one of the largest in the business of luxury retail. Following the acquisition, it is expected that LVMH will be able to expand its reach and diversify its product offerings.
Some well-known organizations in the global luxury goods market include the below-mentioned:
  • The Estée Lauder Companies Inc.
  • Cie Financiere Richemont SA
  • LVMH Moët Hennessy
  • L’Oréal S.A.
  • Kering S.A.
  • Prada S.p.A.

Disposable Paper Cup Market - Future Demand Analysis with Forecast 2019 to 2027

  • Disposable paper cups are the cups/glasses made of renewable sources such as paper and then lined with wax or liquid to prevent leakage
  • These cups are made of food grade raw materials, which are hygienic in nature. Disposable paper cups are capable of holding hot as well as cold beverages for a long time.
  • Disposable paper cups are widely used across the globe; rapid changes in lifestyle are anticipated to push the usage of these paper cups in the household sector
  • When compared to paper cups made of other material such as plastic, the usage of paper cups hold several inherent advantages, eco-friendliness being one of them.
  • Extensive use of paper cups in catering and events is likely to drive its demand during the forecast period

Benefits of Paper Cups over Other Alternatives to Fuel its Demand in the Global Market

  • Disposable paper cups are biodegradable; thus they are considered more eco-friendly than other disposable paper cups such as the plastic ones
  • Also, plastic paper cups are likely to contaminate its hot containments, whereas paper cups are considered more safe for consumption of hot beverages
  • In addition, paper cups are available in numerous shapes and sizes, and also in customizable designs, and this makes them more attractive in the market
  • These factors are likely to drive the overall market for disposable paper cups

Use of Harmful Chemicals to Manufacture Paper Cups Might Challenge the Market

  • Some manufacturers of disposable paper cups use substantial amount of fluorescent whiting agent to present a whiter look to the cup
  • These whiting agents are capable of mutating the cells, thus having harmful impact on the human body.  
  • Additionally, lack of quality standards might hamper the growth of the market in the near future
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Increasing Use of Organic Components in Paper Cups Manufacturing to Create Demand Opportunities

  • Disposable paper cups manufacturers have been considering the demand for eco-friendly and completely biodegradable disposable paper cups, thus focusing on product innovation and diversification by adopting sustainable manufacturing methods.
  • The opportunity in the market lies amidst the rising demand for biodegradable paper cups from cafeterias, quick service restaurants, and other catering service providers.

Asia Pacific to Hold Leading Share of the Global Disposable Paper Cup Market

  • In terms of geography, the global disposable paper cup 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 features the U.S., Canada, and Rest of North America. Analysis and forecast of the disposable paper cup 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 disposable paper cup market in South America is segmented into Brazil and Rest of South America.
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  • Asia Pacific dominated the global market in 2018, attributed to presence of large scale manufacturers and availability of low cost raw materials. In addition, constantly rising population in Asia as well as North America are driving the disposable paper cups market in their respective regions.
  • The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period.

Heat-not-burn Products Market: Key Players And Opportunities Up To 2030

  • Heat-not-burn (HNB) products are products which heat up tobacco by using a battery-powered heating system. The product is inhaled by the user via the mouth. The product contains an extremely addictive material i.e. nicotine.
  • HNB products also have non-tobacco extracts. They are usually flavored. Several types of HNB products are available in the market. A few examples include products that use loose-leaf tobacco, such as Ploom and PAX, and tobacco sticks, such as IQOS and glor.
  • Heat-not-burn products are also called heated tobacco products or non-combusted cigarettes

Key Drivers of the Global Heat-not-burn Products Market

  • Increase in adoption of technologically advanced cigarettes is likely to boost the global heat-not-burn products market in the near future. Users are becoming health conscious and increasingly sophisticated, with rising purchasing power. They are capable of differentiating between various brands.
  • The heating process produces a flavorful nicotine with vapor. While the tobacco does not burn, intensity of harmful chemicals is considerably reduced compared to traditional cigarette smoke.
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North America and Europe are Dominating the Overall Market

  • In terms of geography, the global heat-not-burn products market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast for the heat-not-burn products 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 heat-not-burn products market analysis and forecast for GCC, South Africa, and Rest of Middle East & Africa. The South America heat-not-burn products market is segmented into Brazil, and Rest of South America.
  • North America and Europe are highly attractive regions of the global market, owing to presence of key players such as Philip Morris International Inc. and British American Tobacco in these regions. Youngsters are mostly adopting new and technologically advanced devices as a safe substitute for tobacco, which is likely to surge the adoption of heat-not-burn products in the near future.

Key Players Operating in the Global Market

  • Currently, the global heat-not-burn products market is a consolidated market, due to presence of established players. Competition among these players is intense, and established companies are acquiring startup companies to expand their customer base as well as geographical reach.
  • In 2018, Japan Tobacco Inc. (JT) acquired the tobacco business of Akij Group (Akij). The acquisition of Akij’s tobacco business has enabled JT Group to become the second-largest tobacco company in Bangladesh. It has further expanded JT Group’s operations in emerging markets, supporting its objectives for sustainable profit growth in the mid and long terms. 

Medical Wash Basin Market Trend and Growth Report

  • Wash basins are popular sources of hospital-acquired infections (HAIs) which significantly contribute to prolonged hospital stay and hospital bills. However, medical wash basins do not get infected by virus and bacteria.
  • Requirement for intervention products which have the ability to decrease HAIs by removing sources of contaminant reservoirs is driving the sale of medical wash basins.

Key Drivers of the Global Medical Wash Basin Market

  • Growing spending on hospital hygiene at the global level is driving the growth of the medical wash basin market. Companies are offering premium medical wash basin products to consumers.
  • Companies are also offering medical wash basins that decrease water wastage. This product feature is attracting many consumers to purchase the product.
  • Rising disposable income in developing countries such as China, India, Mexico, Brazil, and South Africa is driving hospitals to spend on premium products which ensure health and hygiene. Increasing middle class population in these countries drive the overall spending on hospital products. These factors are expected to boost sales of different types of medical wash basin products in the coming years.
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Increasing Number of Hospitals and Clinics to Create New Opportunities

  • People demand hygienic products in hospitals and clinics. Rising number of hospitals and clinics in developed and developing countries to provide better healthcare infrastructure is expected to create new opportunities in this market.

High Cost of Medical Wash Basins a Market Restraint

  • Medical wash basins are costlier than normal wash basins. Small clinics in developing countries prefer to use low cost products. This factor is expected to restrict market growth in the coming years.

Medical Wash Basin Market in Asia Pacific to Expand Significantly

  • North America is a prominent market for medical wash basins globally, and the region is estimated to maintain its dominance in the near future. Advancement in sanitation technology coupled with growing demand for advanced sanitation products for medical employees in the U.S. and Canada is likely to create new growth opportunities for the medical wash basin market.
  • Usage of medical wash basins is comparatively high in developed countries such as the U.S., U.K., Germany, and France. Rising infrastructure spending on private and public hospitals in different European countries is likely to spur market demand.
  • The market in Asia Pacific is estimated to expand at a rapid pace. Increasing consumer awareness about incontinence clean-up, and indwelling catheter is driving this market. Moreover, government subsidies are encouraging foreign companies to invest in this region to grab market share.
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Key Players Operating in the Global Market

The global medical wash basin market is fragmented in nature. Large number of small and medium players are present in the medical wash basin market. Companies are working on product innovation to consolidate their market share. Majority of companies operate their market at the domestic level. However, some of the global players are working on merger and acquisition strategies to increase their market share in different geographical locations.

Amphibious Aircrafts Market Outlook and Opportunities in Grooming Regions

The amphibious aircrafts are the aircrafts that can take off and land on both land and water. The amphibious aircrafts are also known as seaplanes and are equipped with retractable wheels and hulls. These hulls help the amphibious aircrafts to traverse through water during takeoff or land. Some of the amphibious aircrafts are also fitted with keels which allow them to ski on the ice during takeoff or land. The amphibious aircrafts are used for tourism, surveillance, and fire fighting among others. The amphibious aircrafts are built with high wings and mainly turboprop engines are fitted on the planes.
The major factor driving the market for amphibious aircraft is the huge investments in the Asia Pacific region owing to the modernization initiatives. Countries such as China, India, Japan, and Singapore are investing huge amounts in manufacturing or procuring the amphibious aircrafts for the commercial as well military purpose. India and Japan recently, signed an agreement in which Japan will sell 12 numbers of amphibious aircrafts to India which will cater the purpose of surveillance, search and rescue operations. Moreover, the commercial sectors in Asia Pacific such as tourism and commercial airlines are also demanding for amphibious aircrafts in order to increase their fleets in the water filled regions.
The limited operational capabilities are restricting mass procurement of amphibious aircrafts globally, which is hindering the growth of global market for amphibious aircrafts. Amphibious aircrafts requires specialized trained pilots and the defense forces across the globe lack these special training simulators, which is limiting the mass procurement of amphibious aircrafts. Moreover, low European defense spending is also inhibiting the swift growth of the market for amphibious aircrafts. European defense is among the largest contributors in the global defense economy, however, it has been noted that European defense is investing less amount in procuring the amphibious aircrafts, which is acting as restraining factor to the amphibious aircraft market.
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The market for amphibious aircrafts possesses potential opportunity for growth in future such as change in warfare systems from conventional to asymmetric tactics. The global warfare has changed a lot recently, and the modern warfare is about using the latest technologies to demolish the enemies. The amphibious aircrafts plays a vital role in the modern warfare as it can be operated on land as well as in the mid ocean. This factor is impacting hugely on the defense industry across the globe. Another prominent opportunity for the growth of amphibious aircrafts market is the advent of technologies which is beneficial for the amphibious aircrafts. The latest and robust technologies can be used to maintain, repair and overhaul the amphibious aircrafts. The advent of robust technologies in the MRO sector is poised to boost the market for amphibious aircrafts.
The market for amphibious aircraft is segmented by end users, by applications and by geography. The end users of the amphibious aircrafts are the commercial airlines, and the naval forces and the coast guards. Based on applications, the amphibious aircraft market is segmented as tourism, surveillance, search and rescue operations, and fire-fighting. Among different applications, surveillance held the largest market followed by search and rescue operations; however, tourism is estimated to grow at a higher pace. Geographically, the market for amphibious aircrafts is categorized as North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The largest market for amphibious aircrafts is captured by North America, whilst Asia Pacific is the fastest growing region the amphibious aircrafts market.

Space Suit Market Notable Developments & Key Players

The Space Suit helps in directing the flight path by transmitting its thrust vector to provide directional control. Based on technology, the market is segmented into flex nozzle, gimbal nozzle, rotating nozzle, thrusters and others. In 2016, among various technology, flex nozzle segment is expected to dominate the market for Space Suit market followed by rotating nozzle and anticipated to be the same in the near future. Increased use in the flex nozzles in missiles and satellite launchers is one of the major factor fueling the market for the Space Suit market for the coming years.
Based on application, the market is segmented into satellites, missiles, launch vehicles and fighter aircraft. Among various application, in 2016, fighter aircraft is expected to dominate the market for Space Suit followed by satellites and anticipated to be the same during the forecast period of 2017 – 2025. The rise in acquisition of fight aircraft in developing countries such as India and China among others is one of the major factor boosting the demand of fighter aircrafts segment in the market.
Based on system, the market is segmented into wide thrust vector injection system, thrust vector actuation system and thrust vector thruster system. In 2016, among various system, thrust vector actuation system is expected to be the largest market followed by wide thrust vector injection system. Increasing demand for thrust vector actuation system in defense sector is one of the major factor boosting the market for the Space Suit in the coming years.
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Based on end user, the market is segmented into defense and space agencies. In 2016, defense is expected to dominate the market for the Space Suit followed by space agencies. Rise in demand for fighter aircraft to gain benefit over aerial opponents is one of the key factor boosting the demand for defense segment in Space Suit market during the forecast period.
Increasing need for highly maneuverable fighter aircraft, rise in budget allocated for missile programs, growth in space research programs and growing use of satellites to provide information are some of the major factor boosting the market for the global Space Suit market. However, some of the major factor restraining the market for the Space Suit are high complexity in Space Suit technology among others.
The geographical split of the market includes North America, Asia-Pacific, Europe, Latin America and Middle East and Africa. In 2016, North America is anticipated to be the key market trailed by Europe. The U.S. is estimated to be the key market of the North America as well as globally. Increase in number of satellite launches and launch vehicles is one of the major factor boosting the market for the Space Suit market. Increasing spending on space exploration programs is another major factor boosting the market in North America region. Europe is expected to follow North America. The U.K. and Germany is expected to be the key market for the Space Suit market in Europe.
Asia Pacific is expected to grow at a high CAGR for the forecast period of 2017 – 2025. China is expected to be the major market for the Space Suit in Asia Pacific. In addition, India is expected to grow at a high CAGR in Asia Pacific region. Factors such as increase in production of missiles and development programs and increased need for super-maneuverable fighter aircraft among others are the boosting the market for the Space Suit in India as well as Asia Pacific. However, increasing trend of reusing launch boosters and vehicles is acting as a restraining factor for the Space Suit market in Asia Pacific as well as globally. Middle East and Africa is expected to grow at a health rate for the forecast period. Saudi Arabia and UAE is expected to be the major market for the Space Suit in Middle East and Africa region.

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 ...