Friday, 26 June 2020

Zero Emission Vehicle (ZEV) Market to Set Remarkable Growth in Coming Years

  June 26, 2020    No comments
A zero emission vehicle (ZEV) does not emit any kind of pollutant from its power source, such as internal combustion (IC) engine. The emitted exhaust gas from conventional IC engine vehicle contains hydrocarbons, ozone, lead, particulates, and carbon monoxide, which are highly harmful for human health and the environment. ZEVs utilizes a power source other than the internal combustion engine.
Zero Emission Vehicle Market - Drivers and Restraints
The global zero emission vehicle market is primarily driven by government incentives and raised awareness among consumers. Global temperature rise is, presently, a matter of concern, as it is be harmful for humans and the environment. Temperature rise is majorly attributed to the increase in pollution levels, and vehicles are a major source of pollution. Governing bodies are forming alliances at the global level and implementing stringent emission norms in order to limit the global temperature rise.
ZEVs are expected to eliminate pollution caused due to fuel powered vehicles, as they do not utilize fossil fuel and do not emit any kind of pollution. Therefore, governing bodies are promoting these vehicles by offering heavy subsidies and exemptions for ZEVs. Raised awareness about ZEVs and global warming is prompting consumers to prefer ZEVs. Furthermore, consistent rise in fuel prices, decline in prices of ZEVs, increase in capacity of ZEVs, and rise in per capita income are fueling the demand for ZEVs across the globe.
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A major restraint to the global zero emission vehicle market is lack of infrastructural facilities. Electric vehicles are prominent ZEVs, which are witnessing an increase in demand across the globe. Lack of electric vehicle charging infrastructure is primarily restraining the electric vehicle market, which in turn is hampering the zero emission vehicle market.
Zero Emission Vehicle Market - Segmentation
The global zero emission vehicle market can be segmented based on power source, vehicle type, and region. Based on power source, the global zero emission vehicle market can be classified into four segments. Battery electric vehicles are witnessing a significant adoption from consumers across the globe, which is primarily attributed to government subsidies and increased awareness. Battery electric vehicles utilize a battery, mostly lithium-ion battery, as a power source to run electric motors. Air powered vehicles are considered as a prominent mode of transportation, as they utilize compressed air for propelling the vehicle. The technology is still in the development phase and is expected to hit the zero emission vehicle market in the near future.
In terms of vehicle type, the global zero emission vehicle market can be divided into two segments. The passenger vehicle segment accounted for a major share of the total zero emission vehicle market, in terms of revenue, in 2017. Transporting passengers is a primary application of vehicles. ZEVs are capable of handling lower loads, owing to which, zero emission vehicles are primarily used for passenger transportation.
The electric vehicle segment is expanding significantly across the globe. China accounts for a prominent share of the total zero emission vehicle market, in terms of revenue, of the battery electric vehicles. Well-developed charging infrastructure, government incentives, presence of electric vehicle manufacturers, decline in vehicle prices, increase in fuel prices, and raised awareness have driven the demand for electric vehicles across China.
Besides China, Japan also accounts for a large number of battery electric vehicles. Therefore, Asia Pacific accounted for a major share of the global zero emission vehicle market, in terms of revenue, in 2017. Several countries across Europe are witnessing a significantly higher adoption of electric vehicles. Norway, Sweden, and Luxembourg witnessed a significantly higher percentage of sales of electric vehicles of the total vehicle sales in 2017.
Zero Emission Vehicle Market - Key Players
Key players operating in the global zero emission vehicle market include Tesla, BMW AG, Daimler AG, Motor Development International SA, Engineair Pty Ltd, Tata Motors, Toyota Motor Corporation, Volkswagen AG, Honda Motor Co., Ltd., and SEGWAY INC.
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Boat Rental Market Competitive Strategies, Factors Contributing To Growth 2020-2027

  June 26, 2020    No comments
Transparency Market Research has published a new report on the global boat rental market for the forecast period of 2019–2027. According to the report, the global boat rental market is projected to reach a value of ~US$ 26 Bn by 2027, expanding at a CAGR of ~4% during the forecast period.
Expansion of Global Boat Rental Market
  • The market for boat rental is expanding significantly across all regions. Europe and North America are highly developed markets for boat rental, and the markets in these regions are estimated to expand at a notable pace during the forecast period. Countries along the Mediterranean and Caribbean Seas are key boat rental markets. In Asia Pacific, Japan, Australia, and New Zealand are developed markets for boat rental; however, high emphasis on the development of nautical tourism in South Korea and Thailand is likely to boost the market for boat rental in these countries.
  • The development of online portals and expansion of boat rental companies have made hiring boats highly convenient and cost-effective, which, in turn, is boosting nautical tourism and consequently propelling the boat rental market.
  • Rise in per capita income in most countries has prompted society to spend higher on leisure and luxury activities. Furthermore, nautical tourism and marine activities are gaining popularity across developed and developing regions. Thus the boat rental market is expanding at a notable pace. Rise in the preference for cruise events and boat charters for leisure has played a significant role in the expansion of the global boat rental market.

  • International tourism has been a key source of income for numerous countries, which aids in the economic development of that particular country. Consequently, countries with nautical tourist destinations have been investing consistently for the development and maintenance of these destinations.
  • Shift in lifestyle has led to a distinct break from the traditional sailing destinations of the Caribbean and Mediterranean waters to less familiar destinations in Asia Pacific, the Middle East, and Antarctic. Thus, a surge in the inclination among consumers to explore new destinations, and a rise in the number of marine destinations, worldwide, are boosting the number of boats available for rent or lease. This is likely to propel the global boat rental market in the near future.
Based on business model, peer to peer (P2P) is the prominent segment, which is expanding at a remarkable pace. The availability of several service platforms such as Boatsetter and GetMyBoat are driving the P2P segment in the boat rental market. Moreover, boating enthusiasts who live along coastal areas in North America and Europe own boats and offer them for hire through online portals. This provides employment and enough earning to maintain and service these boats.
Regional Analysis of Global Boat Rental Market
In terms of region, the global boat rental market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe held a prominent share of the global market in 2018, due to the presence of a large number of marinas, and high preference for water sports and leisure activities. Greece and Croatia are major markets for boat rental, and the market in these countries is expanding consistently due to expansion of nautical tourism in the region.
Countries such as South Korea, Thailand, Brazil, and China are rapidly emerging markets for boat rental, due to high emphasis by governments on the development and promotion of nautical tourism in their respective countries.
Prominent players operating in the global boat rental market include Boatsetter, Nautal, Sailo Inc., Zizooboats GmbH, GETMYBOAT INC., West Coast Marine, Le Boat, Incrediblue, Boatjump, S.L., Odyssey Boats, GLOBE SAILOR, THE MOORINGS, Blue Boat Yacht Entertainment Company, BLUE BAY MARINE, Yachtico Inc., Navigare Yachting, and Products Corporation.
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Disposable Gloves Market To Set Astonishing Growth By 2026

  June 26, 2020    No comments
People today are more aware and demanding on the hygiene front than they were ever before. And, this concern does not start and end at healthcare anymore, which was the largest consumer of hygiene and sanitation product in the last couple of decades. The residential sector and the beauty industry are also contributing to an increase in demand for such product such as disposable gloves market.
Thus, it is obvious why the market is set to chart a positive growth trajectory over the period 2018 to 2026. As per a research study carried out by Transparency Market Research (TMR), the market will chart a steady 6.3% CAGR over the forecast period. And, as per TMR analysts, use in dentistry, healthcare and chemicals industry will drive the market onto a higher growth curve.
The cost-effectiveness of disposable gloves supports the growth, driving demand for the same in more areas than healthcare. For instance, people handling food and medicines, and patients and clients in the beauty industry need to maintain certain standards to prevent contamination and infections from spreading. And, this brings disposable gloves in major focus.
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It is also worthy to add here the role households play. As handling corrosive cleaning chemicals in kitchens, bathrooms, etc. are getting common, need for disposable gloves rises. Additionally, even while using mid chemicals like hair color, it is advised to use disposable gloves.
In agriculture, using pesticides, fuel oil, chemicals, all require disposable gloves for safety purposes.
North America to Hold a Dominant Share of the Global Disposable Gloves Market Growth:
By volume North America will chart a hefty CAGR of 39.2% in the global disposable gloves market, as per TMR report findings. This impressive growth will owe to outbreaks of virus such as SARS and H1NI over the last couple of years. These outbreaks have driven awareness. Besides, governments have entered the picture to promote the highest standards of healthcare hygiene. The region also has a well-established healthcare infrastructure, which is conducive to the growth in demand for disposable gloves.
Also, it is pertinent to point out that health entities like OSHA ensure high standards are maintained at places of work. Infections caused by poor handlinf food are also leading to a higher demand for disposable gloves.
The Global Disposable Gloves Market – Fragmented Landscape, High Competition
Prominent players marking the global disposable gloves market are Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Dynarex Corporation, Cardinal Health, Inc., B. Braun Melsungen AG and Ansell Limited. Other players operating in the value chain are Unigloves (UK) Limited, and Smart Glove Corporation Sdn Bhd, among others.
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Baby Care Products Market Future Trends 2026

  June 26, 2020    No comments
The demand within the global market for baby care products has been rising on account of the changing mothering propensities and inclinations across the world, finds Transparency Market Research (TMR). Baby care products include a wide range of generic and specialised items that can assist in grooming and raising infants. The vendors in the global market for baby care products are manufacturing unique and utility-driven products in order to attract the consumers. Since baby care products cater to niche consumer segments, the vendors within this market are projected to rely on targeting and analytics. There is a high possibility of new vendors emerging in the global for baby care products in the years to come.
The success of market vendors in the global baby care products market largely depends on the former’s ability to manufacture innovative products. These vendors are following rigorous research and development practices in order to come up with better products. Furthermore, the leading vendors in the global for baby care products market are also banking on consumer feedback in order to understand the requirements of the market. The small and medium-sized vendors in the global baby care products market are focusing on capturing unexplored markets. Some of the key vendors in the global baby care products market are Johnson & Johnson, Unilever Plc, Kimberly-Clark, and Procter & Gamble Company.
Transparency Market Research (TMR) finds that the global baby care products market would expand at a steady CAGR of 5.0% over the period between 2018 and 2026. Furthermore, the global baby care products market would accumulate revenues worth US$ 109.13 Bn by 2026. On the basis of geography, the market for baby care products in North America shall expand at a respectable rate in the years to come.
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Parenting Workshops and Seminars help in Marketing Baby Care Products
The demand within the global market for baby care products is projected to witness increased demand in the years to come. Several parenting workshops and seminars are conducted via online and offline channels. The vendors of baby care products tie up with the organisers of workshops in order to promote their products and services. The growing propensity of the masses to spend on grooming and raising of their kids has also led to the growth of the global baby care products market. The introduction of customized baby care products has also generated voluminous revenues within the global market.
Rising Population of Working Women to Aid Market Growth
The changing inclinations of the people have played a major role in the growth of the global baby care products market in recent times. The population of working women has rapidly increased over the past decade, and this has given a thrust to the growth of the global baby care products market. Moreover, online campaigns about better parenting, and right use of baby care products, have also played vital role in market growth. It is expected that the global baby care products market would accumulate voluminous revenues over the next decade.
The review is based on TMR’s report titled, “Baby Care Products Market (Product Type - Baby Cosmetics and Toiletries (Baby Skin Care Products (Baby Massage Oil, Baby Lotions, Creams/Moisturizers, Talcum Powder), Baby Hair Care Products (Baby Shampoo and Conditioner, Hair Oil), Baby Bath Products( Soaps, Bubble Bath/Shower Gel), Diapers ( Cloth, Waterproof Nappy/ Disposable Diapers, Training Nappy), Others (Wipes and Fragrances)), Baby Safety and Convenience Products (Baby Car Seats, Baby Strollers), Bab Food, Baby Formula; Distribution Channel - Online Channel, Offline Channel (Supermarkets & Hypermarkets, Specialty Stores, Drug Stores, Independent Retail Stores)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.
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Thursday, 25 June 2020

GCC Outbound Tourism Market Notable Developments

  June 25, 2020    No comments
The GCC outbound tourism market is poised to expand at a stellar pace in the years to follow. The tourism industry across the gulf countries has been growing at an exponential rate over the past decade. The liberalisation of policies across these countries, especially in the context of cross-country trade and commerce, has been a crucial driver of market demand. Several of the GCC nations are at important junctures of their journey to fruition, and the tourism industry would play an important role in meeting the prime goals of these nations. Outbound tourism has been a source of intellectual as well as economic growth for the GCC. On account of the factors mentioned above, it is safe to expect the GCC outbound tourism market would attract formidable investments in the times to follow.
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In this syndicate review, Transparency Market Research (TMR) sheds light on several factors pertaining to the growth of the GCC outbound tourism market. It is imperative for the vendors operating in GCC outbound tourism market to leverage on opening of borders to new regions. The aviation industry has also played a crucial role in driving sales across the GCC outbound tourism market.
  • As airports across the GCC reopen with relaxations in lockdowns, the GCC outbound tourism industry could recover from its perils. The outbreak of the coronavirus had brought travel and tourism to a standstill. However, the tourism industry is projected to come back stronger over the next quarters of the year. The companies providing key services for outbound tourism can leverage the reopening of airports to their advantage. These companies can improve their functional standards to keep abreast of the changing times.
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  • Outbound tourism for business is expected to gather momentum in the years to follow. Most people are expected to refrain from travelling to foreign countries for leisure and entertainment. Henceforth, the vendors operating in the GCC outbound tourism market are expected to focus on attracting business travellers. These companies are resorting to online marketing and outreach campaigns to clock in a decent chunk of the market share. Several new policies governing tourism and travel in the GCC have emerged in these times.

GCC Outbound Tourism Market: Growth Drivers

  • Business Opportunities Outside the GCC
The ties of the GCC with other nations have improved in recent times, opening doors to several other nations. Arabs have become more inclined toward looking for business prospects in new regions that are outside of their immediate nations or territories. Furthermore, governments across several GCC territories such as the UAE, Saudi Arabia, and Qatar encourage their nationals to undertake business and commerce tours to other regions. The presence of a seamless tourism sector in these countries has aided the growth of the outbound tourism market. The GCC has witnessed several changes to the trade and commerce fabric, creating new opportunities for travel and tourism.
  • Educational Travel and Trips
The education sectors of most GCC countries are still in the phase of maturing, and there are limited opportunities for budding scholars. Governments across the GCC provide several scholarships to students and research scholars willing to go on educational trips and expeditions to western countries. This factor is projected to fetch humongous revenues within the GCC outbound tourism market. Several GCC nations have amended their tourism and travel guidelines and policies to encourage and assist more people in travelling the world. It is evident that the GCC outbound tourism market would expand at a stellar pace in the years to follow.
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Global Military Rifle Market Competitive Analysis

  June 25, 2020    No comments
The global military rifle market is projected to demonstrate ascending graph of demand during the forecast period of 2019 to 2028. This growth can be attributed to a plethora of reasons. Rising number of issues related to the safely of nations is one of the key reasons boosting market growth. The segmentation of the global military rifle market is performed on the basis of product, range, firing mode, and region. On the basis of firing mode, the global military rifle market is divided into semi-automatic, fully automatic, and non-automatic.
An upcoming research report from Transparency Market Research (TMR) aims to offer comprehensive assessment of key elements impacting positively and negatively on the growth of the military rifle market. It gives reliable data on volume, shares, revenues, key players, and demand dynamics of the global military rifle market. Thus, the report is a compilation of all valuable insights of the said market for the forecast period of 2019–2028.
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Global Military Rifle Market: Growth Dynamics

In recent years, the world is witnessing rising concerns related to the safety of overall common population, territories, and public wealth. This situation has called for taking initiatives and growing efforts toward strengthening the security of countries. As a result, the government bodies of many worldwide countries have increased their spending on military services. Many countries are procuring as well as manufacturing superior quality weapons. The main purpose of this move is to strengthen their military capabilities. This factor is working as a driver for the global military rifle market.
The global military rifle market is witnessing rising demand for various products from a wide range of countries. Light machine gun, assault rifle, designated marksman rifle, general-purpose machine gun, and sniper rifle are products that are in high demand these days. This aside, the market for military rifle is witnessing rising demand for fully automatic military rifles owing to numerous advantages they offer.
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Global Military Rifle Market: Competitive Analysis

The global military rifle market is consolidated in nature. Presence of many international players signifies that the competitive landscape of the market for military rifle is extremely intense. Several vendors are entering into MoU and partnership deals. Using these moves, companies are focusing on fulfilling the high demands for the products from the market for military rifle. At the same time, the unmet demand of end-users connotes the opportunity for entry of new players in the global military rifle market.
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Global Industrial Racking System Market – Geographical Outlook

  June 25, 2020    No comments
Urban strategic facilities are quickly developing in significance as they encourage convenience and quicker conveyance times. With the possibility to cut conveyance times, the development of littler warehouses will assume a significant job in the fight for online market offer and open up future roads for industrial racking systems. Storage, recovery, and item handling under industrial racking systems is a fundamental expense and effectiveness factor, in traditional production and distribution facilities as well as for specialist co-ops and new (for example web based) plans of action, for example, internet business. Numerous companies should invest in modernizing their storage and warehouse facilities in the coming a long time through industrial racking systems.
Costs brought about on industrial racking systems can be decreased through further automation at facilities so as to spare space and increment the accessibility of put away products.
Particular racking, otherwise called bed racks, discovers noticeable quality in territories where cost viability, enormous scope of stock keeping units (SKUs), and no extraordinary forklift necessities are crucial concerns, for example, car, food and drink, and so forth.
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Global Industrial Racking System Market – Notable Developments

Companies engaged in developing industrial racking systems need to proactively invest in growing markets such as Mexico, Indonesia, and India. Increasing sales and earnings through multi-brand, global/local strategies for expanding markets, strengthening product businesses, and differentiating through advanced technologies that anticipate megatrends are some of the business plans being adopted by the players involved in the industrial racking systems market.
Prominent players covered in the industrial racking system market report include Kardex AG, Daifuku Co., Ltd., SSI Schaefer, Foothills Systems, Hannibal Industries, Cornix SA, Gonvarri Material Handling, ARPAC, AK Material Handling Systems, North American Steel Equipment Inc., EMRACK International, PROMAN, s.r.o., Nedcon B.V., Averys SA, Jungheinrich AG, Mecalux, S.A., AR Racking, Ridg-U-Rak Inc., among others.

Global Industrial Racking System Market – Drivers and Restraints

The worldwide logistics industry mostly involves a mind boggling scope of cargo and payload related transportation areas. Logistics is one of the most significant essential businesses in any economy as it manages the management of the progression of items from the spot of starting point to that of their consumption; in this way, the industry includes integration of material handling, warehousing, bundling, transportation, inventory management, supply chain management, procurement, and delivery security angles. All these factors are the likely to help the overall growth of the global industrial racking system market in the coming years of the forecast period.
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Global Industrial Racking System Market – Geographical Outlook

There are five key regional segments of the global industrial racking market. These regions are North America, Latin America, Middle East and Africa, Asia Pacific, and Europe. Of these, Asia Pacific is projected to show a stable growth over the course forecast period.
The U.S. warehouse stock, which is progressively getting outdated at a normal age of 34 years, will multiply the development of new warehouses spaces and enlarge the deals of modern racking systems. This pattern to put resources into the development of better urban warehouses is likewise critical in Europe. The mechanical racking systems market profits by key drivers of economic movement, including family unit consumption, online business, flexibly chain modernization, and urbanization. In developed markets of U.S., Europe, and Japan, the reconfiguration of gracefully chains (strongly affected by internet business patterns) is a strong factor affecting the market. On the other hand, in developing markets, for example, Brazil, China, India, and Mexico, affluence and the ascent of another consumer class have expanded the requirement for present day distribution systems, subsequently, reflecting a vigorous viewpoint for the modern racking system market.
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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 ...