High Voltage Electric Heater Market Expected to Witness a Sustainable Growth over 2030

High voltage electric heaters are used worldwide to provide internal heating to vehicle interiors in electrically operated vehicles. It is pertinent to note here that electric vehicles are the future of transportation. The emission of carbon dioxide and other pollutants from automobiles is one of the main concerns of environmental organizations and government agencies. Hence, various governments have planned to phase out gasoline or diesel-fueled vehicles and have set up plans for deployment of electric vehicles. Growing adoption worldwide is due to create new opportunities for players operating in global High Voltage Electric Heaters Market in the near future. In its upcoming marker report, Transparency Market Research notes that a steady growth rate would be charted by global high voltage electric heater market over the forecast period of 2020 to 2030 owing to myriad factors – prominent among which are delineated below.

Global High Voltage Electric Heater Market: Notable Developments

Players in the global high voltage electric heater market adopt various strategies to increase market penetration and to expand reach. These measures are leading to some notable developments in the competitive landscape.

In 2019, BorgWarner and Webasto expanded their production facilities in India and Mexico to capture higher market share. It is pertinent to note here that in 2018, BorgWarner and Eberspaecher started a new facility to cater to the rising demand for electric vehicle products in China. This has largely consolidated the market position of the company.

The fragmented vendor landscape of High Voltage Electric Heaters Market has a number of notable players marking the playfield. Some of the prominent ones are:

• BorgWarner Inc.
• Eberspächer Gruppe GmbH & Co. KG
• Webasto SE
• Woory Corporation
• Mahle Gmbh
• DBK Group (DBK David + Baader GmbH)
• Tutco Inc.
• LG Electronics
• Mitsubishi Heavy Industries Ltd.

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Global High Voltage Electric Heater Market: Key Trends and Drivers

• 2.2 million plug-in electric light vehicles (PEV) were sold across the globe in the year f 2019. This number is anticipated to grow owing to technological advancement and governments and manufacturers dabbling with setting up and improvement of supporting infrastructure. This is set to drive demand in high voltage electric heater market over the forecast period. 

• Countries such as Norway, Netherlands, UK, Denmark, France, Canada, Mexico, among others have implemented various incentives to attract consumers to purchase electric vehicles. These have resulted in swift growth of electric vehicles globally. Also, to further accelerate the growth of electric vehicles many countries have planned to ban or phase out the use of IC (Internal Combustion) engine vehicles in the next 10-15 years.

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Global High Voltage Electric Heater Market: Regional Analysis

Asia Pacific is set to record notable growth in the market over the forecast period owing to increasing sales of electric vehicles and higher adoption rates of green technologies in countries, such as South Korea, India, and China.

On the other hand, the European and North American regions will account for significant share of market owing to an increase in adoption of electric vehicles in these regions – led by improving infrastructure and presence of strong players. Beside, stringent emission control regulations are set to contribute to growth in these regional markets. In Europe, it is expected that the Netherlands will climb to the top in electric vehicle markets due to a combination of regulations and incentive changes. 

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Motorcycle Market Detailed Analysis of Current Industry Figures With Forecasts Growth by 2027

In the market landscape of motorcycles, moderate yet steady growth will be noted over the forecast period of 2019 to 2027, creating incremental opportunities for players dabbling in the market. Some of the prominent factors driving the global motorcycle market on to a higher market valuation include high disposable income, launch of better and more efficient products on a regular basis, increase in trend of customization, and growing number of motorbike sports takers. It is also quite significant to note here that a large number of females are opting for motorcycle as they realize how efficient it is as a mode of transportation. Growing incomes and in female participation in workforce is supporting this growth further.

Global Motorcycle Market: Competitors Landscape

Competition in the fragmented landscape of global motorcycle market is intense and growing as prominent players introduce new models with the aim of diversifying portfolio and enlarging consumer base. Many diverse growth measures are being deployed by top players in the market. Companies in market that have created a big name for them include the following:

• Harley-Davidson
• Honda Motor Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• Polaris Industries, Inc.
• Yamaha Motor Co., Ltd.
• Suzuki Motor Corporation
• KTM AG
• BMW AG
• Triumph
• Ducati

A number of players are focusing upon improvement in engines in order to gain popularity among bikers and increase market share. Additionally, it is pertinent to note here that just like engine performance, fuel efficiency hold a prominent place in the market. Therefore players are directing efforts towards its improvement. Others strategies include expansion measures such as collaborations and new product launches.

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Global Motorcycle Market:  Key Trends and Drivers

A string of growth factors is being noted in the motorcycle market. Transparency Market Research ahs explained these in great detail in its upcoming report on global motorcycle market. A glimpse of positive trends and drivers, contributing massively to growth in the market can be had below:

• More and more women are opting for motorcycles as mode of transportation. The reason is efficiency in using these. Besides, as more women enter workforce and see growth in income, they are ready to shell out more money for good products. Additionally, a growing number of women are seeing participating in motorsports. This will help the market grow by a substantial value.
• New product launches and technological advancement are other important growth factors in the global motorcycle market over the forecast period. As these become better, demand for motorcycles increase gradually. Additionally, customization is witnessing massive uptake and this is leading to notable growth in the global motorcycle market over the forecast period.

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Global Motorcycle Market:  Regional Analysis

North American region would be a prominent market in the global motorcycle market owing to active players opting for aggressive growth strategies in the market. Besides, customers in this region have high disposable incomes to invest in premium products. Customization is also a significant factor, driving the market on to a high growth trajectory. It is quite pertinent to note here that the United States of America will be a prominent contributor to growth in regional motorcycle market over the stated forecast period. Also, as disposable incomes grow in the Asia Pacific region, new opportunities will emerge and present themselves in the market. Proactive players will direct efforts towards tapping into these to enlarge customer base.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Shared Mobility Market Rising Trends, Analysis With Top Key Players 2029-2026

The global demand for shared mobility services is increasing at a sturdy pace. Presence of a robust transport industry has helped in introducing new services within shared mobility. Furthermore, investments in the transport industry have further impelled the growth of the global market. The next decade would play a crucial role in the growth of the global shared mobility market, majorly due to the approval of several public transport projects across key regions. Benefits of shared mobility cut through key factors such as cost, energy efficiency, and traffic management. Therefore, the total volume of revenues within the global shared mobility market is expected to grow.

Transparency Market Research (TMR), in its report, predicts the global shared mobility market to grow at a sound CAGR of 8% over the period between 2018 and 2026. Furthermore, the total volume of revenues within the global shared mobility market is projected to cross US$ 608 Bn by the end of 2026. Based on the type of service, vehicle rental or leasing has emerged as a viable option for several population groups.

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Benefits of Carsharing

A large population of people prefers carsharing over other modes of transport. This trend is gathering momentum in cosmopolitan cities, and could act as a launch pad for market growth. Therefore, the global shared mobility market is projected to tread along a lucrative growth track in the years to follow. Trend of carsharing and bike-sharing has gained greater prominence with the inception of cab-boking apps such as Ola and Uber. The option of taking shared rides on these apps has helped in popularising shared mobility services. Furthermore, investments public transport lines, including trams and metros, has also played a key role in market growth.

Growing Trend of Ride-Sharing amongst University Students

The trend of ride-sharing on bikes is common amongst college students and youngsters. Several universities provide easy options for students to book shared cars for their daily commute. This trend, coupled with the rising demand for better traffic management, has brought shared mobility services under the spotlight of attention.

The unprecedented increase in the fleet of on-demand ride services has also emerged as a prominent driver of market demand. A number of experts in the automobile industry consider shared mobility services as a contributor to sluggish sales in the automobile market. However, this assertion has not affected the growth dynamics of the shared mobility market.

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The energy sector is keen on popularising shared mobility services. Use of shared rides, in conjunction with the availability of public transport, shall help in reducing fuel usage. This shall in turn improve the air quality, and help in protecting the environment. Some of the notable players operating in the global shared mobility market are ANI Technologies Pvt. Ltd., Uber Technologies Inc., Cabify, Grab, Lyft, Inc., and Careem.

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A Key Driver of Air Sports Equipment Market

 

• Air sports equipment are used during paragliding, parachuting, zip lining, wingsuiting, and other sports activities.
• Paragliding is the most popular air sport. Different types of equipment such as flight gear, skywalk, variometer, harness, and flymaster are required for this activity.

Key Drivers of the Global Air Sports Equipment Market

• Increasing number of participants for outdoor recreational activities is expected to drive the sales of air sports equipment. Increasing hectic lifestyle among millennial and generation X is driving them to opt for air sports.

• According to the ‘Outdoor Participation Report,’ around 48.8% of the U.S. population has participated in an outdoor activity in 2016. Millennial population are also adopting air sports activities to improve mental as well as physical health. Furthermore, parachuting is observed as a safer air sport which is boosting the demand for parachuting equipment. As per a report of “United States Parachute Association (USPA),” fatality rate was 0.0039 per 1,000 jumps in 2018. The low fatality ratio is popularizing this adventure sports activity which is expected to boost the market growth in the coming years.

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Growing Consumer Participation in Air Sports Events to Create Attractive Opportunities

• Government organizations of different countries are boosting the spending on skydiving to cater to the growing demand for air sports. In May 2016, Skydive Qatar increased its operational time to six days a week which was previously four days a week. Growing consumer interest toward air sports is expected to create new avenues for the air sports equipment market

Unsuitable Weather Conditions to Hamper the Market

• Climatic conditions are the most important factor for any air sports. Air sports equipment are inclined to malfunction during poor weather conditions, which may result in fatalities as it is challenging to manage such equipment in stormy weather. This factor is likely to hamper the air sports equipment market during the forecast years.

Europe to Hold a Major Share of the Global Air Sports Equipment Market

• Europe holds majority share in the air sports equipment market due to presence of many mountains and hills across the region. The region has a strong penetration rate of air sports which is likely to drive the air sports equipment market in the coming years.
• Several air sports games and activities are organized by prominent European countries such as Ukraine, Switzerland, U.K., Spain, Italy, France, and Hungary. This is expected to drive the growth of the air sports equipment market in Europe during the forecast period.
• Asia Pacific is expected to be the fastest growing market as a result of rising middle class population and increasing disposable income. Consumers are increasingly spending on adventure activities including air sports which is anticipated to boost demand in the near future.

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Key Players Operating in the Global Market

Globally, the market is moderately fragmented owing to the presence of few global and several domestic players. Major players are adopting various strategies such as partnerships and mergers to enhance their position in the market. A few of the key players operating in the global air sports equipment market are:

• Advanced Aerospace Designs
• Aerodyne Research, LLC
• Baskin Air Concept
• Bevs Suits
• BIRDMAN International Ltd
• Bonehead Composites
• Bungee Consultants International

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Significant Opportunities for Body Worn Insect Repellent Market

Transparency Market Research delivers key insights on the global body worn insect repellent market. In terms of revenue, the global body worn insect repellent market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global body worn insect repellent market report.

In the report, TMR predicts that the global body worn insect repellent market would be largely driven by factors such as rising health awareness about insect-borne diseases, increasing incidence of insect-borne diseases, and industrial insecticides applications across the globe.

In the body worn insect repellent market report, the product type segment includes apparel, oils & creams, and stickers & patches. Apparel is further sub-segmented into trousers, shirts, jackets, head nets, and others. Oils & creams is sub-segmented into plant-based and synthetic.

Rising dependency of users on insecticide products in order to avoid the risk of insect-borne diseases is expected to propel the growth of the body worn insect repellent market in the future. The body worn insect repellent market is widely fragmented. Large number of small, medium, and large companies operate in the market at the global and domestic level. Companies are focusing on offering innovative solutions to increase their market reach.

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Body Worn Insect Repellent Market: Prominent Regions

Asia Pacific is expected to remain a popular region in the body worn insect repellent market, due to rapid growth in cases of several insect-borne diseases in emerging countries such as India, China, Indonesia, and other Asian countries. This is expected to expand the growth of the body worn insect repellent market in Asia Pacific at a rapid pace in the future as compared to other regions.

Demand for body worn insect repellent products in Europe and North America is estimated to expand at a significant pace in the near future due to increasing demand for insecticide products while performing outdoor activity.  The U.K., Germany, France, Italy, Russia, the U.S., and Canada are anticipated to be prominent markets for body worn insect repellents during the forecast period.

The markets in South America and Middle East & Africa are anticipated to grow at a rapid growth rate in the coming years. GCC Countries, South Africa, and Brazil are anticipated to be potential markets for body worn insect repellents.

Major promising players are likely to focus on expansion of business by undertaking strategic alliances and mergers and collaborations to strengthen their footprints in the global body worn insect repellent market. Companies are expanding their business by supplying their products through several distribution channels. Companies are also focusing on offering cost effective innovative solutions to users to increase profitability for sustainable growth of businesses.

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Body Worn Insect Repellent Market: Key Players

Key players operating in the global body worn insect repellent market include Reckitt Benckiser Group Plc, Godrej Group, Insect Shield, LLC, Tender Corporation, Spectrum Brands Holdings, Inc., and S.C. Johnson & Son, Inc.

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Cosmetic Contact Lenses Market: Trend, Segmentation, Top Key Players Analysis Industry, Opportunities and Forecast to 2027

 

• Cosmetic contact lenses are available in many colors in the market. These lenses are designed to intensify or change the eye color.
• Large number of consumers use cosmetic contact lenses during theatrical activity, Halloween, and during other events where colored eyes are required. In most countries, consumers need a valid prescription to purchase cosmetic contact lenses, even if they are buying zero power products.

Key Drivers of the Global Cosmetic Contact Lenses Market

• Increasing adoption of cosmetic lenses coupled with growing fashion trends are majorly driving the growth of the market. Availability of stylish products in local markets with different attractive shades, colors, and textures to enhance eye appearance is working as a favorable factor for the cosmetic contact lenses market.
• High social media penetration coupled with high investment in search engine optimization and social media optimization by key market players are expected to boost the market growth in the coming years.

Availability of Contact Lenses with Multiple Colors to Create Significant Opportunities

• Key companies have started offering multiple colored contact lenses (hazel, blue, violet, green, grey, brown, and amethyst) which attracts more customers to purchase their product. Growth in the eyewear industry is also set to create new opportunities in this market.

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Increasing Manufacturing Cost to Hamper the Global Cosmetic Contact Lenses Market

• Change in raw material cost and high manufacturing cost are major challenges in the cosmetic contact lenses market. Excessive risk pertaining to sensitive eye wear products may slow down the market growth.

Europe Accounted for Highest Market Share

• Europe was the market leader in the cosmetic skin care market in 2018. High demand for fashion and apparel in key markets including Germany, France, and the U.K. is propelling the market growth. Cosmetic contact lenses have huge acceptance among movie actors, fashion models, and singers. Millennial population prefer to use this product to enhance their fashion quotient which is expected to augment the growth of the Europe cosmetic contact lenses market over the forecast period. 
• The market in Asia Pacific is expected to grow at a higher pace in the coming years. Significant adoption of this product in China, India, Taiwan, Japan, and South Korea is driving market growth.

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Key Players Operating in the Global Market

The global cosmetic contact lenses market is fragmented in nature. Large number of small-scale manufacturers are present in this market. Key market participants are signing strategic partnerships and engaging in mergers and acquisitions to consolidate their presence in the global market. Moreover, cosmetic contact lenses companies are investing in infrastructure improvement to compete in the market. Key players operating in the global cosmetic contact lenses market are listed below:

• CooperVision
• Johnson & Johnson Vision Care
• CIBA Vision
• Bausch & Lomb
• GrandVision
• InnoVision Co Ltd
• Novartis
• QualiMed
• Viewell Inc.

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Evolution in e-Commerce Industry a Significant Opportunity for Dog Clothing & Accessories Market

Transparency Market Research delivers key insights on the global dog clothing & accessories market. In terms of revenue, the global dog clothing & accessories market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global dog clothing & accessories market report.

In the report, TMR predicts that the global dog clothing & accessories market would be largely driven by factors such as increasing dog ownership and trend of pet humanization across the globe.

In the dog clothing & accessories market report, the type segment includes apparels and accessories. The apparel segment is further sub-segmented into outwear & costumes, coats & jackets, jerseys, neckwear, shirts, footwear & socks, hats, and others. The accessories segment is sub-segmented into waste disposal-poop bags, collar, harness, leashes, bowl, bedding, bags, toys, jewelry, and others. In terms of life stage, the demand for dog clothing & accessories for puppies is anticipated to expand at a significant growth rate during the forecast period. Adult and senior are prominent segments in various countries for dog clothing and accessories.

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Based on target audience, millennials is a major segment across the globe. It is expected to remain dominant with a huge share, owing to a sizeable portion of this population investing on dog care and services. Among materials in dog clothing and accessories, cotton, nylon, and neoprene are likely to remain popular. In terms of price category, the mass segment is expected to remain popular among consumers as compared to the premium segment. Furthermore, based on distribution channel, the online segment of the dog clothing & accessories market is expected to expand at a rapid pace. This platform is popular, as it helps to choose the right dog product.

The dog clothing & accessories market is widely fragmented. A large number of small and mid-sized companies, along with large companies, operate in the market at global and domestic levels. Companies are focusing on offering innovative solutions through a wide range of distribution channels in order to increase their market reach.

Dog Clothing & Accessories Market: Prominent Regions

Asia Pacific holds a major share of the dog clothing & accessories market, due to rapid growth in dog ownership, rising trend of pet humanization, and increasing investments on dog care supplies and services in emerging countries such as India, China, Indonesia, and various other Asian countries. This is expected to drive the growth of the dog clothing & accessories market in Asia Pacific at a rapid pace as compared to other regions.

The demand for dog clothing & accessories in Europe and North America is estimated to increase at a significant pace in the near future, due to rising trend of pet humanization and increasing investments on dog care supplies and services. The U.K., Germany, France, Russia, the U.S., and Canada are anticipated to be prominent markets for dog clothing & accessories during the forecast period.

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The market in South America and Middle East & Africa is anticipated to expand at a rapid growth rate in the near future. GCC Countries, South Africa, Brazil, and Argentina are anticipated to be potential markets in the coming years for dog clothing & accessories.

Major promising players are likely to focus on the expansion of business by indulging in strategic alliances and mergers & collaborations to strengthen their footprints in the global dog clothing & accessories market. Companies are engaging in expanding their business by offering unique products through several online distribution channels. Companies are focusing on offering cost effective innovative solutions to dog owners to increase profitability for sustainable growth of businesses.

Dog Clothing & Accessories Market: Key Players

Key players operating in the global dog clothing & accessories market include Petmate Holdings Co., KONG Company, Unicharm Corporation, Doggy Man H.A.Co., Ltd., Masterpet Corporation Ltd., Central Garden & Pet Company, and Hangzhou Tianyuan Pet Products Co., Ltd.

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