Monday, 20 July 2020

Planting Equipment Market: In-Depth Market Research Report 2020 – 2027

  • Planting equipment are farm equipment used to sow seeds in an agricultural field. The seeds are planted in specific rows by using the planting equipment. The growth of automation and ease of usage is expected to drive the planting equipment market. Planting equipment reduces manual work. It is used for the seeding process in agricultural applications. The traditional method of planting seeds has been replaced by planting equipment. Planting equipment helps to perform farming work efficiently within a short time. Growth of the farming sector is anticipated to boost the planting equipment market.

Growth of Agricultural Sector to Drive the Global Planting Equipment Market

  • Growth of the agricultural sector will increase the demand for planting equipment worldwide. Planting equipment has replaced the traditional sowing method. Achieving uniformity in the distribution of seeds in manual sowing is difficult. Planting equipment offers uniformity in less time. Manual labor required for planting also increases the expenses of farmers. The use of planting equipment has made the task simpler and more efficient. Automation has boosted productivity and efficiency in the agricultural sector. Better efficiency, easy processing, and increased productivity are the major factors expected to drive the global planting equipment market.

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Rising Preferences for Advanced Equipment to Create Better Opportunities for the Planting Equipment Market Globally

  • Planting equipment reduces manual work and has better machine components. The automatic tool change function of planting equipment saves time and effort required in manual tool changeovers. In recent years, advancements of machining centers such as five-axis machining centers equipped with rotational & conventional axes has enabled the manufacturing of complex machine parts & components with greater efficiency. Manufacturers are focusing on improving the functioning of machining centers to cater to the rising demand for efficient machining centers. Thus, product innovation is expected to create better opportunities for the global planting equipment market during the forecast period.

Asia Pacific to Lead the Global Planting Equipment Market

  • In terms of region, the global planting equipment market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
  • Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. The North America planting equipment market country-level analysis includes Canada, the U.S., and Rest of North America. The South America planting equipment market is segmented into Brazil, and Rest of South America. Analysis and forecast of the planting equipment market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.

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  • The market in Asia Pacific is likely to witness maximum demand for planting equipment followed by North America from 2019 to 2027 due to higher growth of the automotive and industrial sector.

Handheld Marijuana Vaporizer Market Demand and Analysis by Forecast 2027

A recent report by Transparency Market Research States that the since the legalization of marijuana is several countries, the global handheld marijuana vaporizer market is growing exponentially. The popularity of the herb has a major hand in the progressive of the market states the experts at Transparency Market Research. According to their prediction, the global handheld marijuana vaporizer market is projected to witness a robust 23% in the duration of 2019 to 2027. Moreover the prescribed use of the herb for treatment of anxiety and depression is also a key factor driving the growth of the global handheld marijuana vaporizer market in the duration, says the report.

Legal Sale of the Herb Boosts the Growth

Ever since in 2013 when Uruguay first legalized marijuana, several countries are now following the same trait. Countries like Canada, Denmark, and various other countries have also or shall be soon legalizing the herb. This legalization of the herb has allowed the businesses to develop compact and cost effective vaporizers that can be used easily. These developments are some of the major reasons responsible for the growth of global handheld marijuana vaporizer market in the projected time frame.

Moreover, the growth in the number of people who are willing to get high on the vapors of marijuana is also a major factor that boosts the growth of handheld marijuana vaporizer market globally.

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Involvement of Celebrities to Boost the Market to Reach to US$ 25.7 Bn

Marijuana or “weed” is heavily supported by celebrities like Snoop Dogg and Laganja Estranja. The followers of the celebs follow not just their music and videos, but also their marijuana support. Based on the growth of the number of such followers, the demand for handheld marijuana vaporizers has grown exponentially in recent years. This growing demand is also a major factor that is boosting the growth of global handheld marijuana vaporizer market from 2019 to 2027.

Growth in the Prescription of Marijuana for Treatment of the Neurological Disorders

Marijuana is one of the best anti-depressant that is available in the market. Prior to legalization of the herb, people used to smoke weed just to get high and overcome their anxiety and depression. However, the excess use of the herb made them addict. Healthcare sector post the legalization of marijuana now prescribes a limited doze of the herb to cure the neurological disorders of patient. This development in in the healthcare sector is also a key factor driving the growth of global handheld marijuana vaporizer market from 2019 to 2027.

North America is the Most Lucrative Region

Persisting neurological disorders and hectic life schedule is now taking its toll on the people of the U.S. and Canada. Hence some part of U.S. the herb is now legal and can be brought from a medical store. Due to these reasons, the players of global handheld marijuana vaporizer market are focusing their business in North America. This makes the region as the most lucrative region for the players of global handheld marijuana vaporizer market in 2019 to 2027.

Global Printer Ink Cartridge Market Research Report 2020

  • Printer ink cartridge is the component of an inkjet printer which contains the ink that is deposited onto paper while printing. Ink cartridges are manufactured according to the model of the printer. The colors of ink available are cyan, magenta, yellow, and black. While printing, the blend of these colors is used to produce different colors. The sensors in the printer indicate if the ink is insufficient. Printer ink cartridges are mainly made of two components: the body of the cartridge is the container for the ink and the print head is the other component which transfers the ink onto the paper during the printing process.   

Growing demand for printers in commercial industry to drive the global printer ink cartridge market

  • Growth in the education sector is likely to lead to increased use of printers which ultimately drives the printer ink cartridge market. The rise in number of educational institutions and growing awareness about education have increased the production of educational books, notebooks, etc. which has fueled the usage of printers. Also, printers are widely used in government organizations, offices, hospitals, etc. which positively impacts the printer ink cartridge market.

Technological innovations such as laser printers likely to hamper the sale of inkjet cartridges

  • Technological innovations such as laser printers can impact the ink cartridge market. Printer ink cartridges are used in inkjet printers, and toner cartridges are used in laser printers. The toner cartridge contains a powdered coloring agent which is used to deposit the color on paper while printing. The growth in usage of laser printers is expected to hamper the inkjet cartridge market.

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Asia Pacific to Lead the Global Printer Ink Cartridge Market

  • In terms of region, the global printer ink cartridge market can be divided into North America, Asia Pacific, Europe, Middle East & Africa, and South America.
  • North America further features country-level analysis for Canada, the U.S., and Rest of North America. Analysis and forecast of the printer ink cartridge market in Asia Pacific covers India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the printer ink cartridge market analysis and insights for South Africa, GCC countries, and Rest of Middle East & Africa. The South America printer ink cartridge market is segmented into Brazil, and Rest of South America.
  • Asia Pacific is likely to witness the maximum demand for printer ink cartridges from 2019 to 2027.
  • Leading manufacturers of printer ink cartridges have extensive distribution networks and wide product portfolios. Several printer ink cartridge manufacturers are focusing on innovation in product portfolio to increase sales and expand the customer base.

Flexible Electronic Products Market Top Manufacturers, Shares, Growth Opportunities, Statistics & Forecast to 2027

  • Flexible electronics is a concept also known as flex circuits, which refers to the assembly of electronic circuits over flexible substrates such as a transparent conductive polyester, PEEK, or polyimide
  • Flexible electronics are increasingly designed into various products, which encompasses both consumer and industrial sectors
  • Some of the common categories of flexible electronic products include mobile phone displays, sensory components in airplanes and cars, human health performance tools, and security tags
  • Flexible electronics have evolved greatly over the past decade. A few years back, such electronics were capable of being stretched up to 70%, whereas now they can be stretched to an exceptional extend of their actual length.
  • The ability of semiconductors to become more stretchable, smaller, and thinner has significantly contributed to the development of novel flexible electronic products

Emerging Trend of Foldable Displays to Drive the Global Flexible Electronic Products Market

  • The smartphone industry over the years has evolved tremendously. In the near future, more smartphone manufacturers are anticipated to incorporate flexible screen features to their phones, which in turn is expected to remarkably boost the overall flexible electronic products market.
  • Not only smartphones but other consumer electronics such as TVs with foldable screens are expected to drive the demand for flexible electronic products

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Growth Opportunities for the Market Aligned with Innovation in Flexible Electronic Technology

  • With the advent of flexible electronics, prominent players in the electronics industry are encouraged to differentiate their offerings, making the market further competitive
  • Manufacturers in the industry are considering the latest innovations in flexible electronics as an opportunity to introduce more competitive products in the market
  • These new products are expected to target various other industries including automotive, healthcare, aerospace, and defense

High Cost of Products Likely to be a Major Challenge to the Market

  • Despite their ability to offer exciting new features to conventional electronic products, the upcoming flexible electronic products in the market are anticipated to remain relatively more pricey than the usual electronic products

Asia Pacific to Hold Leading Share of the Global Flexible Electronic Products Market

  • In terms of geography, the global flexible electronic products 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 flexible electronic 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 market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The flexible electronic products market in South America is segmented into Brazil and Rest of South America.
  • Asia Pacific dominated the global market in 2018 in terms of sales; however in terms of maturity, the region lags behind North America as well as Europe. This provides market players with the room for growth in the near future.

Protective Face Mask Market Status and SWOT Analysis by Regions

  • protective face mask is a basic type of mask that protects users from the hazards of toxic air pollution and respiratory issues.
  • The growing manufacturing and healthcare sectors across the globe is leading to demand for protective face masks to prevent hazards of the external environment and remain safe from unwanted viral infection.
  • Increasing dependency of users on protective face masks for their own safety, and governments promoting these products for individual safety is likely to drive the growth of the protective face mask market during the forecast period.

Rising Awareness Regarding Severe Pandemics and Respiratory Diseases

  • In recent days, the outbreak of the pandemic Covid 19 i.e., Coronavirus across the globe has led to shortage of protective face masks. Similarly, rising health issues and viral infections are likely to lead to lucrative growth of the protective face mask market. Users are becoming aware about the diseases and allergies cause by air pollutants. Increase in the number of deaths, pollen allergies, and various diseases due to air pollution are encouraging the usage of protective face masks.

Stringent Government Laws and Regulations

  • The global protective face mask market has been seeing remarkable growth in recent years. This is due to implementation of stringent laws and regulations by government bodies to protect end-users from the hazards of diseases and viral infection. In addition, rising number of deaths and severe health issues of the human population through flu, viral infections, and respiratory diseases across the globe has influenced various government bodies to implement stringent laws in a wide range of manufacturing and service sectors. These are the factors that promote the growth of the protective face mask market.

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Asia Pacific a Potential Market for Protective Face Masks 

  • The global protective face mask  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 country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the protective face mask market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the protective face mask market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The protective face mask market in South America is segmented into Brazil and Rest of South America.
  • Asia Pacific is expected to remain a potential market for protective face masks owing to rising respiratory issues across the region.

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Key Players Operating in the Protective Face Mask Market

The global protective face mask market is fragmented in nature due to presence of several promising global and regional players that provide advanced filtrate technology to end-users.

Car Rental Market Value Analysis, Production, Growth Rate, and Price

The competitive landscape of the car rental market is moderately fragmented in nature. This is mainly due to the presence of several international and domestic players in the market. The increasing dominance of giant players in the market is dragging the market towards consolidation, says Transparency Market Research(TMR). Some of the prominent players operating in the car rental market are Enterprise Rent-A-Car, Sixt SE, Europcar, The Hertz Corporation and Avis Budget Group.

The players in the market are primarily focusing towards enhancing their services so as to improve their customer base and gain profitability in the market. Along with this, players are focusing towards acquisitions and mergers, business expansion and innovation to strengthen their market share.

For instance, in March 2019, Sixt SE, a prominent player in the car rental market launched a mobility app in order to facilitates customers with several other services and boost personalisation. In the same way, in December 2018, The Hertz Corporation, incopated the use of a online platform called the Hertz Fast Lane in their servies.  This platform helps in carry out and speed up the entire vehicle rental process with the help of a biometric.  

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According to TMR, the global car rental market is projected to witness a astonishing double digit CAGR of 14.40% during the forecast period that between 2014–2024. The opportunities in the market is projected to touch a valuation of US$290.07 bn by 2024. 

On the basis of geography, North America is expected to dominate the global car rental market during the forecast period. This is mainly due to the presence of several veteran players in the region. Based on transportation mode,  the airport transport segment is expected to  hold sway in the overall market, thanks to the significant rise to the air traffic and  rapid strides taken by industrialization in several parts of the world. 

Integration of Advanced Technologies in Mobile Application to Drive Market Growth

The global car rental market is projected to garner a remarkable growth rate in the coming few years. This is mainly due to the factors such as global upsurge in travel and tourism activities coupled with improving road infrastructure. Along with this, rise in disposable incomes, surge in leisure and business trips and increasing investments by the global players are some other factors expected to fuel the car rental market in the coming few years.

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Car rentals are the car services offered by players to the common people for a particular time duration at an agreed amount. Integration of advanced technologies such as  real time monitoring, GPS and digital transaction are some other factors that played a crucial role in the growth of the car rental market. 

Advent of Ride Sharing Application to Hamper Market Prospects

The growth in the car rental market is hampered due to the advent of ride sharing application which help professions offer rise to other profession is expected to impede market growth. Along with this, stringent governmental regulation towards the vehicle emission is projected to curb market growth in the car rental market  in various developing and developed nations.

Luxury Furniture Market Size 2020 – Review by Business Opportunities

The global luxury furniture market is expected to grow notably in the upcoming years. The key players in the market are rapidly working on establishing the manufacturing units in the developing economies owing to the low initial costs and investments. Aggressive marketing techniques are being used in the entire market by most of the leading players, to create a lasting impression among the consumers. Some of the major players operating in the global market are Nella Vetrina, Muebles Pico, Laura Ashley Folding PLC, Henredon Furniture Industries Inc., Scavolini S.p.A., Giovanni Visentin srl, Turri S.r.l, Iola Furniture Ltd, and Heritage Home Group LLC.

According to a recent report by Transparency Market Research (TMR), the global luxury furniture market is estimated to expand at a steady CAGR of 5.2%, during the forecast period from 2017 to 2022. The market is prognosticated to reach around worth of US$29,496.7 mn by the end of 2022, from US$22,937.6 mn back in 2017.

On the basis of material types utilized in making of furniture the market is led by wooden luxury furniture segment, with highest revenue in forthcoming years. This is attributed to the monetary value, durability of the material, and aesthetic value in the global luxury furniture market. Regionally, Asia Pacific is providing a huge scope for players in future. Particularly, China is expected to be one of the key revenue generating nation owing to rise in urbanization and increase in disposable income of the people.

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Easy Online Payment to Surge Development in Market

The pattern of safely online bill payment and e-shopping through net-banking is estimated to help the development of the market. In addition, with simple EMI alternatives and rise in number of middle class people are also ready to afford the cost of luxury furniture. Moreover, rise in disposable income of the entire population is as well supporting the development of the luxury furniture market all over the globe.

This is on the grounds that a rise in income has prompted people to shift from standard furniture to luxury furniture products. The growing tendency of buying luxury things as a sign of value of space and status symbol are among the key factors surging the demand for luxury furniture in the market.

Fake Luxury Furniture Material to Hamper Market Growth

One of the difficulties hampering the development of the global luxury furniture market is the developing awareness among the buyers with respect to the negative effect on the nature on utilizing wooden furniture. As wood is a noteworthy income procuring material, it might influence the development of the market in the years to come. The developing accessibility of fake luxury material furniture which are valued at a much lower rate and worked with low quality materials is debilitating the development of the luxury furniture market. Nevertheless, the surging in real estate and construction sectors is foreseen to boost the development of the luxury furniture market.

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This analysis is based on a recent market research report by Transparency Market Research, titled, “Luxury Furniture Market - (Material - Glass, Metal, Plastic, Leather, and Wood; Distribution Channel - Departmental Stores, Online Sales, Independent Furniture Retailers, and Factory Outlets; End User - Commercial and Domestic) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

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 ...