Competitors Analysis of Hub Motor Market from 2020 to 2030

According to the report, the global hub motor market for electric vehicle is projected to reach US$ 27.4 Bn by 2030, expanding at a CAGR of 22.5% during the forecast period. Rise in demand for fuel-efficient and lightweight vehicles across the globe, which provide comfort and noiseless driving, is likely to propel the hub motor market for electric vehicle.

Increase in vehicle electrification across the globe due to enactment of vehicle emission standards is likely to boost the demand for electric vehicles across the globe. Moreover, rise in technological development, including wireless hub motor, is projected to lead to the development of advanced electric vehicles including those, which receive electricity wirelessly through transmitting coils that are embedded in road surfaces. This is anticipated to augment the hub motor market for electric vehicle across the globe.

Expansion of Hub Motor Market for Electric Vehicle

Surge in trade volume, owing to rising bilateral trade among countries is projected to boost the hub motor market for electric vehicle during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year.

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Based on vehicle type, the global hub motor market for electric vehicle has been segmented into passenger vehicle and commercial vehicle. Passenger vehicle is likely to be a highly lucrative segment during the forecast period. This is primarily due to a rise in the production of passenger vehicles across the globe. Rise in adoption of electric vehicles in major developing countries, including the U.S., China, Germany, and Japan, is expected to propel the hub motor market for electric vehicle across the globe.

In terms of electric vehicle type, the battery electric vehicle segment dominated the market, as increase in the demand for electric vehicles due to enactment of emission regulation is fueling the hub motor market for electric vehicle. Moreover, major vehicle manufacturers are emphasizing on investments for the development of battery and trying to reduce the cost of the battery electric vehicle, which is likely to fuel the hub motor market for electric vehicle.

Regional Analysis of Hub Motor Market for Electric Vehicle

In terms of region, the global hub motor market for electric vehicle has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global hub motor market for electric vehicle in 2019. It is anticipated to hold a leading share during the forecast period, due to the rise in the production and sale of vehicles in China and ASEAN. Increased demand for electric vehicle across Asia Pacific is anticipated to boost the hub motor market for electric vehicle across the region.

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Prominent players operating in the global hub motor market for electric vehicle include ZIEHL- ABEGG, HEINZMANN GmbH & Co. KG, Protean electric., Bonfiglioli Riduttori S.p.A., ZF Friedrichshafen AG., NSK Limited, Evans Electric, Hyundai Mobis Co. Ltd.., TM4 Inc., e-traction B.V., Kolektor, Elaphe Ltd, NTN Corporation., Magnetic Systems Technologies, GEM Motors d.o.o, Siemens AG, Printed Motor Works, YASA Limited, and Schaeffler AG.

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Vehicle Battery Market Size, Share, Development by 2030

According to the report, the global vehicle battery market is projected to surpass US$ 65 Bn by 2030, expanding at a CAGR of ~3% during the forecast period. Rise in trade and distance between manufacturing units and end users are likely to boost the market for vehicle batteries during forecast period. Majority of countries, including Italy, China, Germany, India, the U.S., the U.K., France, and Japan are enacting stringent regulations and vehicle standards pertaining to vehicle emission, which in turn is prompting automakers to launch vehicles with new technology to reduce emissions.

Automakers, including Ford Motors, General Motors, and Volkswagen are shifting their focus on development, marketing, and increasing sales of electric vehicles. These companies are planning to discontinue production of IC-engine powered vehicles at their production facilities based in Germany, Italy, France, and Spain in Europe. This, in turn is anticipated to increase the production of electric vehicles (EVs).

Expansion of Vehicle Battery Market

Increasing electrification of vehicles through incorporation of various technologies is anticipated to boost the global vehicle battery market. Based on battery type, the global vehicle battery market has been segmented into lead acid, lithium ion, and others.

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The lithium ion segment is expected to expand at a high growth rate owing to an increase in the demand for hybrids and electric vehicles. However, the lead acid segment is projected to hold a leading share, in terms of volume, even with rise in sales of electric vehicle, owing to their use as auxiliary battery in electric vehicles. In terms of vehicle class, the global vehicle battery market has been classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment held a dominant share of the vehicle battery market in 2019 due to the higher production volume of passenger vehicles.

The production of light commercial vehicles witnessed a resurgence in North America and Europe. The demand for light commercial vehicles is also increasing in developing regions such as Latin America and Asia Pacific, owing to a rise in industrial and manufacturing activities. Thus, the light commercial vehicle segment is estimated to expand at a steady pace during the forecast period.

Regional Analysis of Vehicle Battery Market

In terms of region, the global vehicle battery market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global vehicle battery market in 2019. It is anticipated to hold a leading share during the forecast period due to high production of vehicles in China, India, Japan, and South Korea. China is the leading producer of lithium-ion batteries, globally and hence, China holds a key share of the global vehicle battery market.

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Prominent players operating in the global vehicle battery market include BYD Company Limited, Panasonic Corporation, Johnson Controls International PLC, SAMSUNG SDI Co., Ltd., Contemporary Amperex Technology Co., Limited., LG Chem Ltd., A123 Systems LLC, C&D Technologies Inc., East Penn Manufacturing Company, Enersys Inc, Exide Technologies Inc., GS Yuasa Corporation, Koyo Battery Co., Ltd., and Northstar Battery Company LLC.

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Wireless Earphone Market Rising Trends, Analysis With Top Key Players 2029-2026

According to a new market report published by Transparency Market Research  titled ‘Wireless Earphone Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’  the global wireless earphone market was valued at US$ 5.10 Bn in 2017. It is expected to reach US$ 10.14 Bn in terms of revenue by 2026, expanding at a CAGR of 8.2% from 2018 to 2026. The market in Asia Pacific is likely to expand at a rapid growth rate during the forecast period, due to a rise in the number of premium brands and strong product innovation among manufacturers.

The adoption of wireless earphones has increased across regions. Wireless earphone are cord-free and hands free and offer ultimate mobility. Moreover, many wireless earphones come with bass-boosting technology and noise-isolation feature.  All these factors are expected to increase the demand for wireless earphone over the period of time.

 

Apart from this, penetration of smart devices such as smartphones, tablets, laptops, streaming media players, and various other devices is likely to drive demand for and adoption of wireless earphones during the forecast period. However, the entry of new players and competitive prices offered by them are creating pricing pressure for established players. This is likely to reduce profits of established players, thereby resulting in a decline in investments during the forecasted period.
 

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In terms of type, the canal earphone segment is likely to offer significant expansion opportunities as canal earphones offer east fit and convenience.

In terms of connectivity, the Bluetooth connectivity technology segment is expected to maintain its market share, owing to the rising adoption of portable devices such as smartphones, mobiles, laptops, and tablets.

In terms of application, the sports & fitness segment is expected to expand at a rapid CAGR during the forecast period. As compared to the gaming & virtual reality segment, the music & entertainment segment is expected to constitute a higher market revenue share in the coming years.

In terms of distribution channel, the online distribution channel segment is expected to expand at a robust pace during the forecast period, owing to the rapid penetration of Internet services across the world. In addition to this, technological advancements and a rise in the number of smartphone users are expected to boost the online stores segment during the forecast period.

In terms of market type, the mobile aftermarket segment holds a key share of the wireless earphone market and is expected to maintain its share during the forecast period. At present, smartphone manufacturer’s offer wired earphones with the mobile inbox. As a result of this, consumers are inclined toward the mobile aftermarket.

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In terms of region, Europe accounted for a dominant share of the wireless earphone market in 2017. North America also accounted for a prominent share in the wireless earphone market. The U.S. is a significant country of the wireless earphone market in North America. The market in Asia Pacific is anticipated to expand at a rapid CAGR during the forecast period. The market in India and China is likely to expand rapidly as compared to that in other countries. The market in Middle East & Africa and South America is expected to expand at a sluggish pace.

The wireless earphone market consists of a large number of public and private players. Market players focus on developing new products to meet the changing consumer preferences. Product innovation, technological advancements, and acquisitions are the key competitive strategies adopted by the top players in the wireless earphone market. Prominent market players profiled in the research report include Skullcandy, Harman International Industries, Sennheiser electronic GmbH & Co. KG, Plantronics, Inc., Bose Corporation, Sony Corporation, Jabra, Koninklijke Philips N.V, Apple Inc., Samsung, Motorola Mobility, Huawei Technologies Co., Ltd, Bang & Olufsen, Edifier International Limited, Panasonic, Shure Incorporated, Xiaomi, Nokia, LG Electronics, Inc., OnePlus, and Motorola mobility (Lenovo Inc.). The report also offers competitive landscape of the key players in the wireless earphone market.

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Disposable Face Mask Market Detailed Analysis of Current Industry Figures With Forecasts Growth by 2030

Transparency Market Research delivers key insights on the global disposable face mask market. In terms of revenue, the global disposable face mask market is estimated to expand at a CAGR of 8.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global disposable face mask market report.

In the report, TMR predicts that the global disposable face mask market would be largely driven by factors such as increase in healthcare services and rising health concerns. Rise in demand for N95 grade disposable face masks due to the current outbreak of COVID-19, use of personal protection equipment, and penetration in developing nations are set to drive the global disposable face mask market during the forecast period.

According to the disposable face mask market report, the product segment includes N95, N99, N100, P95, and others; the raw material segment comprises cotton, polypropylene, paper, and others; the securing method segment includes hook & loop, and knit; the layer segment includes 1 layer, 2 layer, 3 layer, 4 layer, and above 4 layer; the end use segment comprises personal and Industry (chemical, oil & gas, defence, pharma & food processing, medical & healthcare, and others); and based on distribution channel, the market is divided into online and offline (mega & retail stores, pharma & drug stores, and others). In terms of product, N95 disposable face masks account for major share. Increase in spread of coronavirus in various countries contributes majorly to the expansion of this segment. The segment is projected to expand at a significant rate in the near future.

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N95 disposable and surgical masks are popular among consumers and are used to protect the wearer from airborne particles and from liquid contaminating the face. Growing prevalence of COVID-19 at the global level is driving product sales in 2020. Cotton disposable face masks are popular among consumers due to the comfort factor. Companies are working on environment friendly disposable masks, which are 100% biodegradable.

In terms of end use, the personal segment accounted for 60.8% of the market share in 2019. Usage of disposable masks for industrial purposes is much lower than personal usage. In the industrial sector, companies prefer to use non-disposable P or R series face masks to protect the face from oil and other particles.

Disposable face masks eliminate the need for sterilization and helps in controlling cross contamination with other products. These masks are also cost effective which makes them an attractive option, thus driving demand. All these factors are expected to drive the demand for disposable face masks during the forecast period.

Disposable Face Mask Market: Prominent Regions

Asia Pacific holds major share of the global disposable face mask market followed by North America. Key players largely depend on geographical expansion, promotions, and technological advancements to cater to customer demand and gain a competitive edge in the global disposable face mask market.

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Asia Pacific accounted for approximately 36% share of the global disposable face mask market in 2019, followed by North America and Europe. It is anticipated to maintain its dominance in the market during the forecast period due to due to growth and developments in the home care segment, smart hospitals, and medical tourism.

Disposable Face Mask Market: Key Players

Key players operating in the global disposable face mask market include Honeywell International Inc., 3M, Kimberly-Clark Corporation, Reckitt Benckiser Group Plc., Moldex-Metric, Inc., RESPILON Ltd., RZ Mask, Respro (UK) Ltd, Pranaair, and idMASK Co., Ltd.

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Ceramic Sanitary Ware Market to Witness a Pronounce Growth During 2027

The growth in disposable income in South Asian Countries like India has led to the people to invest more on their residence. This has surged a massive demand for ceramic sanitary ware in the region. Consequently, the global ceramic sanitary ware market is projected to witness a major growth in the coming years between 2019 and 2027. Moreover, the benefits such as long life and higher concern for hygiene are also some of the factors that propels the growth of market from 2019 to 2027. However, the cost of the sanitary ware can hamper the growth of the market but, with technological developments and techniques that can produce these products in comparatively less time and budget shall help the market to regain its momentum during the estimated time-frame.

A report by Transparency Market Research provides 360 degrees analysis of the global ceramic sanitary ware market for the forecast period of 2019 to 20274. The report enlightens the readers with insights on developments, challenges, dynamics, trends, and drivers. The insights from the report can help the readers to make better decisions and have a sustainable future in the global market during the estimated time-frame.

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Global Ceramic Sanitary Ware Market: Notable Developments and Competitive Analysis

Owing to the intense competition in the global ceramic sanitary ware market the players are majorly focusing in expanding their operations in various regions across the globe. With this strategies, the players can explore and capture new market and enhance their profit margin.

For Instance:

• In August 2019, RAK Ceramics, a UAE based ceramic ware manufacturing company established its new showroom in the U.K. This strategy allows the company to enter the U.K. market for ceramic sanitary ware which shall further improves the global status of the company. Moreover, this strategy shall also allow RAK Ceramics to lead the market with wide range of data as of what is trending in the U.K. market for ceramic sanitary ware.
• Apart from directly exploring new regions the players are also adopting the strategies of collaborations and partnerships. These strategies allow the players to have sufficient resources and man power that can help a successful establishment in the prospect regions. Moreover, it also reduces the burden of getting over budget from the shoulders of approaching businesses.
• On the other hand, some of the prominent players of the global ceramic sanitary ware market are acquiring other businesses so as to enter new regions. This help the players to enhance the production capacity and also eliminate the requirement of establishment of manufacturing and distribution units in the new region.

Some of the prominent players of global ceramic sanitary ware market are:

• Roca Group
• Toto Inc.
• Villeroy & Boch
• HSIL Ltd.
• Ideal Standard International S.A.

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Global Ceramic Sanitary Ware Market: Key Drivers

Inclination of Emerging Economies towards Luxurious Sanitary Ware

The economy in some of the developing countries is getting stable these days. This means the people now have higher disposable income that can be used for their luxury. Due to these economic development, the people are now able to afford luxurious house with most of the high-end products. The sanitary ware in these houses are also the reflection of their wealth. Looking at the growth of the disposable income, the sanitary ware manufacturers are developing some of the most luxurious products for kitchens and bathrooms. This is the major result that is boosting the growth of global ceramic sanitary ware market from 2019 to 2027.

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N99 Face Mask Market Expected to Witness a Sustainable Growth over 2027

• A N99 face mask is a basic type of mask that protects users from 99% of airborne particulates (PM 2.5) present in the air. It also helps users to avoid the hazards of toxic air pollution.
• N99 face mask has high filtrate techniques to avoid micro particles that are spread in the form of fungi, pollens, and dust. N99 face masks are found to be highly efficient with sophisticated and advance filtrate technologies such as activated charcoal.
• Users are becoming aware about the diseases and allergies caused by air pollutants due to the campaigns initiated by governments. Severe problems such as cardiovascular or respiratory diseases have led to people opting for N99 face masks.
• The decrease in air quality due to rise in urbanization and industrialization have led to increase in air pollution; this is likely to drive the growth of the N99 face mask market during the forecast period. 

Increasing Per Capita Expenditure on Health Safety Products

Nowadays, users are concerned about health safety and are inclined toward using healthy alternatives and pollution preventive products such as masks. Rapid growth in air toxicity by degradation of air quality has enhanced the use of N99 face masks. These masks are bought by end-users as a basic safety aid to avoid air pollutants. All these factors drive the N99 face mask market globally. 

Rising Awareness Regarding Respiratory Diseases

• Users are becoming aware about diseases and allergies cause by air pollutants. Increase in the number of premature deaths, pollen allergies, and various diseases caused by air pollution has popularized the usage of N99 face masks. 

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Asia Pacific a Potential Market for N99 Face Masks 

• The global N99 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 N99 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 N99 face mask market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The N99 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 N99 face masks owing to rapid growth in demand for anti-pollution face masks across the region. 

Key Players Operating in the N99 Face Mask Market

The global N99 face mask market is moderately fragmented in nature due to presence of global and regional players. Major players across the globe are focused on offering face masks with advanced filtration techniques to meet the requirements of end-users.

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A few of the key players operating in the global N99 face mask market are:

• Advind Healthcare
• Crusaders Technologies India Pvt. Ltd.
• Honeywell International Inc.
• idMASK Co., Ltd,
• Innonix Technologies Limited
• Mankastu Impex Pvt. Ltd.
• Ohlone Press LLC

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Sheet Face Masks Market to Witness Robust Expansion by 2027

The rising aging population and increased beauty awareness has introduced the trend to look young in the global market. This has largely increased the demand for anti-aging skin care products including the sheet face masks for anti-aging. The market for these products has also made different manufacturers to launch specialized products such as anti-aging or anti wrinkles. The demand for a youthful appearance is also being prevailed by the male population, thus attracting male consumers towards the sheet face mask market.

Sheet face masks market size was valued US$ 285.6 Mn in 2018 and expected to grow with a CAGR of 8.1% from 2019 to 2027. It has been estimated that the market will reach US$ 575.7 Mn in 2027.

Non-woven sheet face masks are growing at a slower pace compared to the other sheet face masks, because of the inconvenience it causes. Non-woven sheets are extremely light and have less water holding capacity, and hence tend to slip from the face. Also, these masks dry out easily because of their limited water holding capacity. Nevertheless, the extremely affordable rates, faster production, and easier application makes these sheet face masks rise at a CAGR of 7%

Increasing Demand from Anti-aging Population

The market trend to look younger and maintain a healthy skin is prevailing globally, and is one of the major drivers for the growth of the sheet face mask market. A large number of elderly customers around the globe have the buying power as well as the desire to appear younger, in turn increasing the demand for anti-aging sheet face masks. The emphasis on anti-aging formulas and technology by various brands has led to a variety of new products in the market, thus enhancing its purchase. Currently, the rising anti-aging population and the higher spending capacity of elderly consumers has a high impact on this driver.

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Modern Trade and Online Buying Options

The increase in online trade has brought the world closer and also made different brands available in different regions. Online trade benefits consumers by offering various options on one platform, as well as helps manufacturers to penetrate different markets. Shopping online has become more convenient due to the development in mobile and computer technology. Apart from online shopping, availability of sheet face masks in modern trade that include hypermarkets, supermarkets etc. is also considered to be a boon for the market.

Modern trade has not only been beneficial for the sheet mask market but the consumer goods market as a whole. This is because of impulse purchases, variety of products, multi brand availability, and the display of merchandise. This driver currently has a moderate impact on the growth of the market. However, with the anticipated rise in adoption of online shopping and increasing mall cultures, the impact would become high by the end of the forecast period.

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