Camping Trailer Market Poised to Expand at a Robust Pace by 2027

Camping trailer is an additional attachment used by travelers during traveling. It is small with certain amenities such as bed, chairs, table tents, etc. Campers or travelers attach the camping trailer behind their vehicle. It is comparatively safer than tents.

Global Camping Trailer Market: Competitive Landscape

Casita Travel Trailers

Casita Travel Trailers was founded in 1983 and is headquartered in Rice, Texas, the U.S. The company manufactures  and supplies camping trailers across the U.S. Camping trailers offered by the company are of various sizes with a capacity of three to six people. The camping trailer is equipped with bed, chairs, and other basic amenities.

Airstream, Inc.

Airstream, Inc. was established in 1921 and is headquartered in Jackson Center, Ohio, the U.S. The company manufactures, designs, and supplies travel trailers and touring couches across the U.S. The size and capacity of the trailer manufactured by the company varies from two to eight person. Touring couches manufactured by the company can accommodate four to nine persons depending on the size of the trailer.

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Eveland's, Inc.

Eveland's, Inc. was founded in 1999 and is headquartered in Backus, Minnesota, the U.S. The company sells its travel trailer under the brand name, Scamp. The company supplies its trailers across the U.S.

LANCE CAMPER

LANCE CAMPER was established in 1965 and is headquartered in Lancaster, California, the U.S. The company manufactures two types of camping trailers: truck camper and truck trailer. The size and capacity of camping trailers range from two to eight persons. Camping trailers include bed, chairs, table, and other amenities.

K. Z., Inc.

K. Z., Inc. was founded in 1972 and is headquartered in Shipshewana, Indiana, the U.S. The company is a subsidiary of Thor Industries, Inc. The company offers three types travel trailers, fifth wheels, and toy haulers. The sizes of trailers vary with models such as Sportsmen SE, Sportster, and Connect SE, Escape, Venom, and Others.

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Global Automotive Remote Sensing System Market: Dynamics

Rise in Travel and Camping Activities

The U.S. is a major market for camping trailers, as majority of travelers prefer carrying camping vehicle/trailers during camping. Camping and trekking activities are increasing globally, as people are spending more on outdoor travels resulting into increased demand for traveling vehicles for tourist locations. This is likely to drive the demand of camping trailers during the forecast period.

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Wall Décor Market Foreseen to Grow Exponentially by 2025

Home décor products have become an imperative factor and a part of the lifestyle of an individual. Among the different types of home décor products, wall décor comprises of an imperative part of the overall outlook of the interior of house. In recent times, wall décor products have become a trend among the consumers, especially among the young generation.  Over the years, due to the lucrative nature of the market, many new players have emerged to serve this market.

Rapid growth in online retailing is one of the key factors pushing the demand for wall décor products at present. Rapid advancements in the field of technology and the influx of 4G and 5G internet services have lured the manufacturers to sell their products online. This gives them access to a broader base of consumers. Further, owing to the emergence of several ecommerce companies in the past few years, the manufacturers have engaged themselves in aggressive marketing and promotional activities by way of offering lucrative discounts in order to attract the population.

Rising disposable income of the consumers is another key factor pushing the demand for wall décor products. High paid consumers seldom think before buying such products for their home. This surge in demand for wall décor products is also fuelled by the transition in the lifestyle of the consumers and changing taste and preference.

Additionally, the real estate industry in the developed countries such as U.S., Germany, U.K. and France among others have witnessed a significant surge over the past few years which in turn is fuelling the demand home lifestyle products such as wall décor products.  GDP growth in major countries is another factor driving the demand for wall décor products as well.

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However, the market is expected to face hindrance from the underdeveloped countries, where consumer exposure toward such products is very low. Wall décor products also lose out on high price competency as price sensitive consumers often refrain themselves from buying such products.

Based on products, the market has been classified into wall arts, wall clocks, picture frames, wall mirrors, sculptures/posters, hanging cabinets and shelves among others. In terms of revenue, wall arts are expected to lead the market throughout the forecast period, on account of high price of such products. Wealthy art enthusiast finds major interest in collecting such arts for their homes. Further, it is expected that owing to the increasing disposable income of the consumers, this demand for this segment will intensify further in the future.

Based on distribution channel, the wall décor market can be classified into art galleries, online channels and independent stores among others. Art galleries still find major demand for wall décor products. However, online channels are expected to boost the sales of such products in the future.

The market is also segment on the basis of consumer segments into mass and premium. The premium segment is the major contributor to the overall revenue growth of the wall décor market owing to their affordability of such products. However, the mass market is a lucrative target audience, which is expected to boost the volume growth of wall décor product in the future.

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Based on regions, the market is classified into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America and Europe are major markets for wall décor products on account of the premium lifestyle of most of the consumers residing in those regions. However, Asia Pacific is anticipated to project the fastest growth rate during the forecast period.

The market for wall décor is dominated by several small scale players. However, the retailers for wall décor range from furniture stores to online stores. Some of the major players operating in this market include Bed Bath & Beyond, IKEA, Home Depot, Wal-Mart and various others.

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Traffic Safety Products Market Poised to Expand at a Robust Pace by 2027

 

• Traffic safety products are important for safety of vehicle operators, passengers, and pedestrians as road traffic injuries are the leading cause of death among people aged between 15 and 29 years. Traffic safety products are available in permanent and temporary forms depending on the needs of the workplace and duration of the project.
• Additionally, there are times when workplace safety overlays with road and traffic safety. In order to ensure that workers are able to work safely in high traffic areas, they must have access to high quality and weather resistant traffic safety products.

Key Drivers of the Global Traffic Safety Products Market

• Increasing number of road traffic accidents is one of the prime reasons for the growth of the traffic safety products market. According to World Health Organization, approximately 1.35 million people die each year as a result of road traffic accidents. Such occurrences are more prominent in middle and low income countries where traffic safety regulations are not stringent.
• Additionally, growing urbanization, and increasing government spending for public transportation systems coupled with technological advancement in road safety products are some of the other factors spurring the growth of the traffic safety products market. Manufacturers are continuously focusing on integration of advanced technologies in road safety products in order to decrease road accidents and increase safety of workers and pedestrians etc.
• All the above factors together are anticipated to fuel the growth of the traffic safety products market worldwide.

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Technological Advancement, a Key Business Opportunity for the Traffic Safety Products Market

• Technological improvements in road safety products is anticipated to create new business opportunities for the growth of the traffic safety products market. Shift from incandescent traffic lights to LED lights not only saves energy but they last long. These lights enable the usage of different shapes other than the circular one, for example, square shape, that increases visibility due to larger illuminated areas. Additionally, weather resistant or all weather traffic safety products are other examples of technological innovation that is anticipated to augment the growth of the traffic safety products market.

Lack of Proper Funding, a Key Restraining Factor for the Growth of the Market

• Lack of proper funding is one of the key restraining factors for the growth of the traffic safety products market. Lack of availability of traffic safety products as per regulations and standards hampers the growth of the market.

Asia Pacific Offers Growth Avenues for the Global Traffic Safety Products Market

• Geographically, the global traffic safety products market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• Countries in North America and Europe have some of the key companies specialized in traffic safety products.
• Asia Pacific on the other hand is a prominent region owing to the presence of some major manufacturers.
• Other regions such as South America and Middle East & Africa have strong potential growth for the traffic safety products market.

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Key Players Operating in the Global Market

The global traffic safety products market is highly fragmented with presence of many key global players coupled with many regional traffic safety products manufacturers. A few of the key players operating in the global traffic safety products market includes:

• 3M
• Avery Dennison Corporation
• Honeywell International Inc.
• Industrias Duero
• Lindsay Transportation Solutions Sales & Service
• RoadSafe Traffic Systems, Inc.
• Tenacious Holdings, Inc.
• Tranex Group

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High-efficiency Particulate Air (HEPA) Filters Market Projected to Garner Significant Revenues by 2027

The device that is utilized in the process of cleaning up of contaminated air is the high-efficiency particulate air (HEPA) filters. These air filters also come with other full forms, such as high efficiency particulate arrestor or high efficiency particulate arrestance. The global high-efficiency particulate air (HEPA) filters market is anticipated to gain prominence over the years of projection due to rising level of air pollution worldwide.

The global high-efficiency particulate air (HEPA) filters market is likely to be supported by the growing applications of these air filters in commercial and industrial spaces. As the newer version of these air filters with latest integrated technologies and newer ideas make foray into the market, the global high-efficiency particulate air (HEPA) filters market likely to gain prominence.

End user, application, and region are displays market the three key parameters based on which the global high-efficiency particulate air (HEPA) filters market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.

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Global High-efficiency Particulate Air (HEPA) Filters market: Notable Developments

One of the developments that offer a glimpse into the market dynamics about the global high-efficiency particulate air (HEPA) filters market is mentioned below:

• In November 2019, Leading consumer technology company, Dyson Ltd, has introduced Airblade 9kJ. This newly introduced product is a highly energy- efficient high-efficiency particulate air -filtered hand dryer. This system helps in drying hands quickly, whilst utilizing low energy. It also offers an ideal alternative solution for single use paper towels.

The global high-efficiency particulate air (HEPA) filters market is a highly technology driven and a competitive market. Some of the well-known organizations in the global high-efficiency particulate air (HEPA) filters market include the below-mentioned:

• Parker-Hannifin Corporation
• Mann+Hummel Group
• Koch Filter
• W. L. Gore & Associates, Inc.
• The Camfil Group
• The Freudenberg Group

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Global High-efficiency Particulate Air (HEPA) Filters market: Key Trends

The opportunities, drivers, and restraints, pertaining to the global high-efficiency particulate air (HEPA) filters market are discussed as below.

Growing Urbanization and Rapid Industrialization to Shoot up Demand for the Filter

Worsening climatic conditions and increasing level of air pollution together play an important role in influencing the global high-efficiency particulate air (HEPA) filters market over the years of assessment, from 2019 to 2029.

Across the globe, the power industry has been witnessing a transformation. It is going from centralized systems to integrated network that is highly dependent on the system of distributed power generation. Gas turbines are important elements of distributed power technologies. Gas turbines work under adverse environmental conditions and they need to be safeguarded from various air pollutants. As a result, many have been putting HEPA air filters into use due to its effectiveness and high level of efficiency. Enterprises are expected to make a shift toward distributed power technologies, thanks to their augmented flexibility and wide range of applications. As such, increased demand for distributed power generation is likely to bolster demand for high-efficiency particulate air filters.

The rising standard for emission norms are increasingly demanding industries that are heavily dependent on energy such as water and wastewater treatment, chemical and petrochemical, pulp and paper, and oil and gas to use gas-phase filtration systems such as high-efficiency particulate air filters. This factor is expected to support growth of the global high-efficiency particulate air (HEPA) filters market in near future.

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Hiking Gear & Equipment Market to Receive Overwhelming Hike in Revenues by 2030

 

• Hiking gear and equipment are required during outdoor trips during multiple-day hikes, one day-hikes, backpacking trips, walking tours, and trekking.
• The required equipment is decided as per the distance, duration, environment, and planned activities. Weight is an important factor while selecting hiking gear.

Key Drivers of the Global Hiking Gear & Equipment Market

• Increasing interest in different types of sports activities among millennial and generation is expected to boost the market growth for hiking gear & equipment.
• Consumer awareness about the importance of short recreational activities, healthy lifestyles, and fitness regimes are driving the population toward adventure sports activities.

Rising Number of Outdoor Sports Activity to Create New Market Opportunities

• Increasing participation in hiking is boosting the sale of hiking gear and equipment. As per data released by Outdoor Foundation, in 2017 over 146.1 million people in the U.S. had participated in outdoor activity. This factor is likely to create new opportunity for market growth.

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Growing Number of Accidents to Hamper the Market

• The average ratio of accidents during hiking trips has grown in the last few years. Limited consumer awareness in developing countries about the importance of using safety products during hiking is creating a huge challenge to the growth of this market.

Asia Pacific Expected to Experience Higher Growth in the Global Hiking Gear & Equipment Market

• Asia Pacific is the fastest growing hiking gear & equipment market as a result of increasing number of outdoor sports activity in developing countries such as India, China, and Sri Lanka. Increase in disposable income among the middle class population coupled with growing consumer spending on tours and travels is expected to propel the growth of the market in Asia Pacific.
• North America is the largest market for hiking gear and equipment. Consumers indulge in adventure sports activity to get a break from their daily hectic lifestyles. Growing trend of experiencing the Appalachian Trail hike is driving people toward this activity. According to a report published by Appalachian Trail Conservancy (ATC), the average hiker count from Georgia to Maine doubled in 2017 with a head count of 3,735. This factor is driving sales of hiking gear in this region.

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Key Players Operating in the Global Market

The global hiking gear & equipment market is fragmented in nature with the presence of large number of small and large players. Companies are adopting the strategy of product innovation & development as well as investing in geographical expansion. Adidas AG introduced premium hiking boots in February 2019. Some of the large players are acquiring small scale players to increase their product range and market share as well as geographical reach in the hiking gear & equipment market. A few of the key players operating in the global hiking gear & equipment market are listed below:

• The North Face
• Mountain Hardware
• Black Diamond Equipment Ltd.
• Marmot Mountain LLC
• Amer Sports
• Equinox Ltd.
• TATONKA
• Montbell Co., Ltd.

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Construction Products Market to Reflect Impressive Growth Rate by 2026

With global population expected to reach 9.8 billion by 2050 and two out of three people predicted to be living in urban areas according to the United Nations, construction is seeing greater demand than ever before. With the increase in population, more people are shifting to cities and this is increasing the congestion in urban regions. Hence, construction of residential units with sustainable and efficient solutions (products) has become highly important. Construction products is a broad category and includes equipment, raw materials etc. With rapid growth in construction industry worldwide, demand for construction products is anticipated to mount at a considerable rate.

The global construction products market is expected to witness steady growth in the near future. Rapid growth in middle class population due to increase in disposable income has led to a surge in construction of housing units and other residential activities. This has led to the increase in demand for construction products. Rising environmental concerns have led to growth in demand for sustainable infrastructure by adoption of eco – friendly construction materials which in turn is driving the growth of the construction products market.

Additionally, government initiatives to increase the number of smart cities globally are also impacting the growth of the construction products market. Increased demand for public services such as public transport, road networks, drainage and sewage systems etc. is also enhancing the growth of the market. However, uncertain macro-economic conditions such as material crisis, price fluctuation of construction products, government instability in specific countries etc. are some of the key factors that restraint the growth of the construction products market. Increase in the number of mergers & acquisitions and collaborations of overseas based companies with local companies to cover untapped markets are key opportunities for growth of the construction products market.

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One of the prominent trends emerging in the global construction products market is adoption of advanced technologies to increase efficiency. Application of new technologies and materials is helping to increase the productivity in the construction industry. Prefabricated modular building blocks, high-performance concrete, durable bricks, condensed silica fume, mineral admixtures, and high-volume fly ash concrete are some of the examples of technologically advanced construction products. Usage of drones, virtual reality, augmented reality, BIM, and project management are revolutionizing the construction products market.

The global construction products market can be segmented on the basis of product type, end-use application, and geography. Based on product type, the construction products market can be segmented into equipment and other products. Equipment can be further sub segmented into light and heavy equipment. Examples of light equipment includes machinery for concrete mixing, compaction, dewatering, heating, sanding and grinding, welding and drilling etc. whereas heavy machinery includes earthmoving, material handling, heavy construction vehicles etc.

Construction products include cement, concrete bricks, metals, construction aggregates, and other associated materials. According to end-use application, the construction products market can be segmented into industrial, residential, and commercial construction. In terms of geography, the construction products market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific region is acquiring a major market share in terms of application of construction products due to growth of the construction industry in China, India, and many Southeast Asian countries. However, in terms of application of technology, the Middle East, U.S. and Europe acquiring major market share.

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Some of the prominent players operating in the global construction products market include LafargeHolcim, HeidelbergCement, China National Building Material Company, CEMEX, Aditya Birla Group, OKUTAMA KOGYO, James Hardie Building Products, Ambuja Cements, DALMIA BHARAT, Vulcan Materials, Cementir Holding, Shandong Shanshui Cement Group (Sunnsy), China Resources Cement Holdings, Athabasca Minerals, Beijing Jinyu Group etc. These players compete with each other with respect to technological advancements, new product designs, etc. in order to have a competitive edge in the market.

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Patio Umbrellas Market to Register Substantial Expansion by 2026

A patio umbrella is an umbrella that is designed and manufactured particularly for outdoor leisure use, and are often used in the backyard, outdoor commercial dining areas, pools, or patios. They have a long history, and first existed between 1100 and 1200 BC which associated them with royalty and nobility. Patio umbrellas are versatile and can be installed in several ways; they are typically used for sun protection.

These umbrellas can be made of any material including wood, fiberglass, or aluminum. Recently, with the help of technological advancements, aluminum patio umbrellas have replaced the old fashioned wood market umbrellas due to their durability in the outdoors. A patio umbrella has become an essential piece of outdoor furniture equipment as it offers shade and coolness, as well as elegant aesthetics for outdoor living spaces.

Key factors driving the patio umbrellas market are changes in lifestyle, rapid urbanization redefining the way outdoors are conceptualized, and rise in demand for these umbrellas from the tourism industry. The patio umbrellas market is expected to expand at a rapid pace during the forecast period due to a rise in disposable income and the need for modular outdoor sitting areas. Patio umbrellas come in a number of designs and price ranges and can be customized according to consumer requirements depending on budget, taste, and personal preference. In addition, consumers can color-coordinate the umbrellas with the lounge chairs.

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The market is significantly driven by the residential construction industry and is expected to expand at a fast pace in the near future. In addition, construction industry expansion in emerging economies of Asia Pacific such as China and India is creating opportunities for the market.

The global patio umbrellas market can be segmented based on type, material, application, distribution channel, and region. Based on type, the patio umbrellas market can be classified into cantilever umbrella, commercial umbrella, standard pole umbrella, tilt umbrella, and others (sail umbrella, offset umbrella). In terms of material, the patio umbrellas market can be categorized into wood, fiberglass, and aluminum. Based on application, the patio umbrellas market can be divided into residential and commercial. In terms of distribution channel, the patio umbrellas market can be classified into hypermarkets/supermarkets, specialty stores, online retailers, and others (brand outlets, independent vendors, etc.).

In terms of region, the global patio umbrellas market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global patio umbrellas market, followed by Europe and Asia Pacific. North America and Europe are anticipated to account for a major patio umbrellas market share, due to the urbane lifestyles, rise in disposable income, and high spending rate in the regions.

Rapid urbanization and growth of the construction industry in emerging countries such as India and China are boosting sales of patio umbrellas in Asia Pacific. The popularity of outdoor living space in urbane residences is expected to increase in the coming years and is likely to be one of the major trends during the forecast period.

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Some of the leading manufacturers in the patio umbrellas market are Michael Caravita, Sun Garden USA, TUUCI LLC, Rusque, Ezpeleta Portugal, EdenGarden d.o.o., and Shadescapes Americas among others. Manufacturers are increasing their R&D capabilities to diversify their product range and are also making efforts to enhance product quality. Players are anticipated to face competition due to the presence of several local vendors. The entry of new players, pricing competition, and mergers & acquisitions are further intensifying the level of competition among manufacturers in the industry. This is likely to lead to the introduction of many advanced products in the patio umbrellas market during the forecast period.

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