Down and Feather Market Outlook 2020: Overview and Share Forecasted to 2027

The global down and feather market is expected to reach a value of US$ 8812.5 Mn by 2027. The market is projected to expand at a CAGR of 7.0% in terms of value during the forecast period from 2019 to 2027, according to a new research report by Transparency Market Research (TMR).

Consumers are opting for down and feather products due to inclination toward natural products. There is rapid growth in the apparel industry that widely uses down and feathers in warm jackets, comforters, etc. Consumers prefer hypo allergenic products to avoid severe allergy problems. Hence, down and feathers are considered to be the right options. The growth in the bedding industry across the globe considers down and feather for filling as a natural mattress component. This factor drives demand for down and feathers.

With growth in the residential and commercial sector all over the world, consumers are opting for better furnishing to match the interior design. Down and feather is found to be utilized as a natural filling in furnishing products such as cushions, pillows, and bedding to provide high comfort. With the increase in renovation in the residential and commercial sector, people are opting for synthetic free natural furnishing products which includes fillings of down and feather, regenerating demand in the down and feather market. Rise in demand for specialty mattresses due to the rising consumer inclination toward eco-friendly and health-promoting products is fueling the demand for down and feathers.

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Growth in the residential and commercial segment due to rise in urbanization has improved the standard of living. This has encouraged consumers to opt for matching interior designs, promoting the purchase of down and feather bedding, pillows, and comforters. The primary processing of down and feather may vary based on the application of the end product. Based on origin, the duck segment is anticipated to expand at a CAGR of over 7.2% during the forecast period from 2019 to 2027.

Down and feather market has been segmented in the basis of origin, product type, distribution channel, and region. In terms of origin, the duck segment is anticipated to grow with a CAGR of 7.2% during the forecast period from 2019 to 2027 owing to high consumption of duck across the globe. The most commonly used products by end-users in the global market are bedding, comforters, pillows, and apparel. Comforters was the largest segment of the down and feather market in terms of value in 2018.

In terms of product type pillows and apparel segment is expected to have a higher demand in coming tears. In 2018, comforters segment which comprises duvets and quilts accounted for the major share. However, pillows are also preferred by consumers due to their hypo allergenic property which is filled by down and feather.

North America accounted for the higher market share in 2018 and expected to maintain its dominance in coming years. Asia Pacific is the fastest growing market over the forecasted period.

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Key players operating in the global down and feather market are Allied Feather & Down, Bettfedern Handelsgesellschaft mbH & Co. KG (Rohdex), United Feather & Down, Inc, Norfolk Feather Company, Down-Lite International, Inc., Hans Kruchen, Heinrich Häussling GmbH & Co., Feather Industries, KL Down, and Maya Tekstil.

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Food Robotics Market Outlook 2020 | Regional Insights, Trends & Growth Forecast To 2025

Technological advancements in numerous domains have expanded the application possibility of robotics to an astonishing extent. Robotics and their application in the food industry is a prominent technology which has the ability to transform the procedures in food processing and handling, food serving, and palletizing & packing. Currently the market is seeing the massively developed trend of robotics deployment in the food industry. Initially, robotics in the food industry focused on end-of-line work than the robots surpassed at it, however there was a demand for quicker and more active machines that are able to work with an advanced feature in the production line and deliver rapid pick and place processes on food products.

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Increasing need to expand productivity, rising food safety rules and regulation, and increasing demand for packaged food products are the trends which are projected to drive the demand for food robotics during the forecast period. Furthermore, benefits conferred by the new technologies comprises advanced efficiency in food processing and production, reliable, quality products, and growing manufacturing efficiency which are the key drivers that are estimated to expand the overall food robotics market in the near future.

However, lack of skilled staff in developing economies, cost of fitting & fixing, and service charges of robotic systems are expected to restrain the food robotics market during the forecast period. Furthermore, increasing production of low-cost robots and functionality of robotics are projected to provide an opportunity to boost the food robotics market during the forecast period.

The global food robotics market has been segmented by type, payload, application, end-use industry, and region. In terms of type, the market has been divided into SCARA, articulated, parallel, Cartesian, collaborative, cylindrical, and others. SCARA segment is projected to develop at a significant growth rate in the near future. Based on payload, the food robotics market can be segmented into low, medium, and high. According to application segment, the market is bifurcated into palletizing, packaging, repackaging, pick & place, processing, and other application. The palletizing and packaging segment is anticipated to be the fastest growing segment during the forecast period due to the rising use of packaging robotics. The use of robotic solutions for packaging allows an improvement of reliability in packaging solutions and diminishing wastage. The end-use industry segment is further segregated into beverage, poultry, meat, and seafood, bakery, dairy, confectionery, fruits & vegetables, and other end-use industries.

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In terms of region, the market is distributed into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. Furthermore, this region is mainly attributed to increasing investment for automation or robotics in the dairy industry, rising demand for automation in ready foodstuffs and meat processing which improved competitiveness in the region. As result of this, Asia Pacific is the fastest growing region during the forecast period as compared to other regions.

Major companies operating in the global food robotics market includes MAYEKAWA MFG. CO., LTD., ABB Group, Bastian Solutions, Inc., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Seiko Epson Corporation, KUKA Automation company, Yaskawa Electric Corporation, Stäubli International AG, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., and Universal Robots A/S. Players in the automation and robotics market are expected to witness rising demand for robotics solutions during the forecast years, due to the growing technological advancements.

Players operating in the food robotics market are introducing new technologies with varied product portfolios and also developing supply chain networks in order to sell their products in the market. As result of this, the market is anticipated to witness an upsurge in the trend of growing production of low-cost robots and demand for bringing down production cost. This in turn is expected to drive the adoption rate of food robotics.

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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Wooden Watch Market Trends 2020 Future Scope, Demands and Projected Industry Growths to 2025

Wooden watches are the first watch of choice with the emergence of environment friendly, non-toxic, and hypoallergenic trends in the watch industry. Apart from the above mentioned characteristics, wooden watches provide bleeding- edge fashionable technology. Wooden watches are rare and long lasting which can be reused and recycled. In terms of composition, wooden watches are primarily made up of maple, ebony, teak, zebrawood, sandalwood, rosewood, bamboo, vera wood, walnut, and koa wood. Based on components, wooden watches are made of entirely wood while other wooden watches are made from a combination of stainless steel, plastic and other materials. Thus, wooden watches can have the dial, watch case, or the wrist band made of wood.

The major drivers of the wooden watch market are the growing demand for fashionable, durable, and eco-friendly options. The second main reason is their hypoallergenic property. Metal allergy can discolor skin, and can cause severe irritation and rashes. Metal allergy is one of the prime reasons why people are unable to wear even the finest of jewelry. Thus, with wooden watches allergy is no longer a concern.

Wooden watches comes in six surface types – diagonal, spiral, straight, regular, wavy, and Inter-locked. They are also classified based on texture, color, and luster. Almost all wooden watches are water proof unless otherwise specified. Both analog wooden watches and digital wooden watches are available.

Wooden watches are segmented based on product, user, size, distribution channel, and usage. Based on product, wooden watches are segmented into analog and digital. In terms of user, wooden watches are classified under men, women, and kids. By size, wooden watches are characterized under small, medium, and XL sizes. By distribution channel, they are segmented into wholesale, retail, and online stores. Based on usage, wooden watches are segmented as dress watch, casual watch, and sports watch.

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Wooden watches are generally sold with environment friendly initiatives such as plant a tree with every watch sold. With global warming becoming a major threat than ever before, wooden watches are no more a fad or a trend. It is a phenomenon which is here to stay.

Wooden watches are available in various price ranges and are generally in the range of US$ 100 to US$ 5000. An expensive wooden watch does not guarantee the highest quality, as the range of wooden watches depend on various other factors which include type of wood, movement, brand, and functionality.

Movement is further classified into quartz and mechanical movement. Mechanical watches have smooth movement of the second hand whereas quartz watches have a tick-tock sound. Functionality includes features which are broadly classified as chronograph, calendar display, luminous hand, waterproof, and hypoallergenic. Chronograph is essentially a stop watch feature and has an independent second hand which can start, stop, and return to zero. Calendar display comes with the feature of one or all of the three features, namely, day, date, and month.

Luminous hand is essentially a feature which helps to view in the dark. Waterproof comes with mentions of pressure it can resist. Most watches are splash proof and comes with 10 meter of water pressure. Hypoallergenic and chemical free properties gives an extra edge to the wooden watch market as  it’s both non allergic and metal free, thus absence of chemical imparts durability and long lasting property. Price, therefore is not the deciding factor defining a quality product, it also depends on the functionality of the wooden watch.

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Key players in the wooden watch industry are WeWood, Tense, Tree hut, BeWell, Gassen James, Mistura, Luno Wear, Jord, Original Grain, and Grovemade.

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Multifactor Authentication Market Outlook 2020: Application and Future Forecast by 2025

The growing need for security across digital platforms has generated humongous demand within the global multi-factor authentication market. However, digital platforms alone do not account for expansion within this market. Several physical security systems also deploy multi-factor authentication nodes to protect key assets, people, and equipment. Therefore, the growing relevance of multi-factor authentication within various industries shall fetch key revenues for the market vendors. The essence of physical and cyber security lies in creating multiple layers to protect the concerned assets. Therefore, multi-factor authentication has emerged as a launch pad for fostering greater security across various industries. The total volume of revenues within the global multi-factor authentication market is set to touch new heights in the coming times.

Transparency Market Research (TMR), in one of its reports, finds that the global multi-factor authentication market would accumulate revenues worth US$20,444.9 mn by 2025, growing from a value of US$ 4,829.2 mn in 2016. The global multi-factor authentication market is set to expand at a boisterous CAGR of 17.7% over the period between 2017 and 2025. Use of multi-factor authentication across corporate offices and government systems has given a thrust to market growth. Moreover, need for launching mass security drives across a range of industries has shifted the focus toward multi-factor authentication models. Growth of e-commerce platforms has played a direct role in the growth of this market.

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Supremacy of Multi-Factor Authentication over Two-Factor Authentication

Despite the stellar utility of two-factor authentication, it has failed multiple security platforms and has been under flak from several analysts. For this reason, multi-factor authentication services are expected to garner the attention of multiple players. The use of multi-factor authentication is not restricted to a particular industry. The financial sector has become a key consumer of these services, majorly due to the need to protect data and intellectual assets in this industry. Besides, the relevance of multi-factor authentication for banks and financial institutions has also gathered momentum. Mobile banking apps and platforms use multi-factor authentication to ensure security payments and transactions.

Rapid Pace of Digital Transformation

The flux of digital services in the market has helped the vendors to capitalise on new areas. Furthermore, use of multi-factor authentication has become an important part of the retail industry. The IT and telecom industry uses this mode of authentication to foster security in existing networks, and build new networks with greater resilience. Governments units are also required to tighten security of transfers across multiple units and domains. The relevance of multi-factor authentication in both, physical and abstract protection of assets, has given a thrust to market growth.

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Some of the leading vendors in the global multi-factor authentication market are SecureAuth Coproration, RSA Security, Microsoft Corporation, Symantec Corporation, CA Technologies, and Vasco Data Security International Inc.

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Smart Power Distribution Systems Market Report, Industry Overview, Growth Rate and Forecast 2026

The global smart power distribution systems market was valued around US$ 18,417 Mn in 2017 and is anticipated to expand at a stable CAGR of more than 14% during forecast period, according to a new report published by Transparency Market Research (TMR) titled “Smart Power Distribution Systems Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. Increasing developments in grid infrastructure, rising demand for integration of renewable energy sources, improved grid reliability and efficient outage response have increased the penetration of smart power distribution systems globally. Adoption of smart power distribution solution by utilities is increasing due to the rising need for savings in capital expenditure (CapEx) and operational expenditure (OpEx). The smart power distribution systems market in North America is expanding at a significant CAGR of more than 15% owing to numerous technological advancements, the presence of a large number of grid automation solution providers, and increasing investments in grid automation for reliable and efficient power supply.

Growing modernization of power distribution system to drive market

Growing grid modernization for reliable and efficient power supply has increased the demand for smart power distribution solutions worldwide. Rising electricity consumption, reduction in production cost, and the potential to lower carbon emissions are some of the key factors driving massive global investment in the modernization of electricity infrastructure and the development of smart grid technologies. Consistent rise in the consumption of power is the primary factor responsible for modernization of electric systems. Several countries across the globe are focusing on developing and refining grid architectures, including advanced metering, distribute on automation, substation automation, ubiquitous communications networks, micro grids, and DER integration, which is expected to boost the smart power distribution systems market.

The U.S. is focusing on upgrading its power network infrastructure significantly. The office of Electricity Delivery and Energy Reliability (OE), in the U.S., is working with private partners to improve and strengthen the power infrastructure. Numerous market players are launching various smart power distribution solutions to amplify the efficiency of the generation and distribution of the power supply. The key trends prevalent in the smart power distribution systems market are increasing installation of smart meters, investments in smart grid technology, strategic partnerships, and implementation of AI.

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Software segment to dominate the global smart power distribution systems market

The component segment is segmented into software, hardware, and service. The software segment of global smart power distribution systems market is further divided into advanced metering infrastructure, smart grid communication, smart grid distribution and management, substation automation, billing information system, and others. The smart metering infrastructure segment is anticipated to dominate the market owing to the rising deployment of smart meters around the globe. The advanced metering infrastructure segment is anticipated to expand at a significant CAGR of more than 15% during forecast period. The smart grid distribution and management segment is expected to expand at a high CAGR during the forecast period. Various utilities are installing smart power distribution software in order to offer customers with enhanced quality of service and improved operational efficiencies. The billing information system segment is projected to expand at a considerable CAGR during the forecast period owing to the increasing need to generate automated and more accurate energy estimation bills.

Benefits provided by AMI meters to boost hardware segment

The hardware segment is further sub-segmented into sensors, AMI meters, programmable logic controller (PLC), protection and control relays, and others. The AMI meters segment is expected to continue to be the leading segment globally during the forecast period due to rising installation of smart meters in order to increase their operational efficiencies and customer service. Furthermore, a large number of utilities are rapidly installing AMI meters to generate more accurate bills and automatically and wirelessly send actual energy usage to the consumer.

Rise in the adoption of smart power distribution solutions by various enterprises to fuel the commercial segment

In terms of application, the global smart power distribution systems market is divided into industrial, commercial, and residential. The commercial segment dominated the smart power distribution systems market in 2017. The trend is expected to continue during the forecast period. Expansion of the segment is attributed to the presence of a large number of enterprises.

Increasing adoption of smart power distribution systems due to rise in power theft and power outages in countries such as China, India, South Africa, Brazil, and Taiwan to create more opportunities in the market

In terms of geography, the global smart power distribution systems market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of revenue, North America led the global smart power distribution market in 2017, followed by Europe. Developed regions such as North America and Western Europe are expected to witness increasing implementation of smart meters, thereby increasing the adoption of smart power distribution solutions. Various manufacturers from North America are rapidly moving ahead to offer various technological advanced automated power distribution solutions due to the rise in usage of smart power distribution systems. The U.S. held a major share of the market in North America in 2017.

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The market in North America is estimated to expand at a prominent CAGR during the forecast period. Utilities in the U.S. are primarily focusing on balancing the industry and residential power supply and demand. In February 2017, the U.S. proposed grid infrastructure investment up to US$ 1 trillion in order to improve the power distribution infrastructure and customer interaction such as home energy management systems and regular online interaction with their energy data. The market in Europe is anticipated to expand at a significant CAGR during the forecast period, as several utilities in Europe are collaborating with smart grid providers in order to deliver efficient, reliable, and affordable energy to consumers. 

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Impact of Covid-19 Supercapacitor Market Overview, Growth and Forecast by 2026

The global supercapacitor market was valued at US$ 5,979.67Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 15.24% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Supercapacitor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Go green revolution adopted across the globe is one of the primary factors responsible for the robust growth of the supercapacitor market globally.

Moreover, rising cost of fossil fuels and excessive carbon emissions are also expected to pave the way for alternative means of power supply across different application segments especially in automobiles and consumer electronics segments. Initiatives taken by different governments to reduce CO2 emission and to encourage sustainable consumption are predicted to drive the supercapacitor market in the coming years. In addition, inclination of different enterprises toward producing and storing energy from renewable sources owing to extensive depletion of natural resources is also anticipated to trigger the demand for supercapacitors globally.

The global supercapacitor market is segmented on the basis of application, product, type, and geography. By application, the supercapacitor market has been bifurcated into automotive and transportation, industrial, energy, consumer electronics, and others. The others segment includes application of supercapacitors in aerospace, military, and sensor technologies. On the basis of product, the supercapacitor market is segmented into double layer supercapacitor, pseudocapacitor, and hybrid capacitor. Based on type, the market can be classified into supercapacitor module, supercapacitor weldable cells, and board mounted supercapacitor. Geographically, the supercapacitor market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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Consumer electronics industry expected to hold a prominent share during the forecast period

The consumer electronics industry is anticipated to hold the highest share for the year 2018. The significant adoption of double layer supercapacitors in the consumer electronics industry owing to comparatively lower power and energy needs is anticipated to be one of the major factors affecting the consumer electronics industry for the supercapacitor market. Furthermore, prominent adoption of supercapacitors in the consumer electronics industry in Asia Pacific is likely to boost the growth of the consumer electronics industry. Board mounted cells have a higher deployment in consumer electronics. Board mounted supercapacitor segment is set to have the highest share of the market during the forecast period 2018-2026.

Hybrid capacitors are projected to expand at the highest CAGR during the forecast period

Among the different product categories of supercapacitors, the double layer segment held the largest market share in 2016. Surge in demand for technologically advanced consumer electronics having high power density is expected to drive the market of double layer supercapacitors significantly. However, the hybrid capacitor segment is predicted to witness the fastest growth rate from 2018 to 2026. The adaptability of hybrid capacitors under extreme conditions and significant power and energy controlling capabilities are some of the major factors boosting growth of the segment.

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North America holding a prominent market share

By geography, North America held the largest share in the supercapacitor market in 2016. The supercapacitor market in North America is a mature market due to its higher penetration level. Europe occupied the second largest share in the global supercapacitor market. Initiatives taken by the European Commission in 2014 to achieve CO2 emission target of 95g/km by 2020 is responsible for the robust growth of the supercapacitor market in Europe.

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Smart Water Meter Market Trends and Dynamics, Drivers

The demand within the global smart water meter market is rising on account of growing focus on water conservation across regional territories. The scanty levels of freshwater reserves across the world has generated a sense of alarm amongst the masses. Several international conferences and conventions have taken water conservation as an important agenda.

Furthermore, global leaders have engaged in pragmatic discussion and debate to resolve the water crisis that surrounds the world. Several countries in Africa are feared of running out of ample water resources over the course of the next few decades. Therefore, the global smart water meter market is growing as the need for optimization of water resources gains swing.

• Climate experts and environmentalists have predicted unfavourable patterns of rainfall over the next few years. Moreover, the growing dangers of acid rain have led conservationists to preserve the existing fresh water reserves. In this scenario, judicious usage of water across commercial, industrial, and residential domains has become a necessity. Smart water meters have emerged as an important technology that can change the way people consume water for their needs. These meters can help in measuring the requirements and usage of water across a particular locality during a given period of time. Smart water meters have been hailed as a central force that can foster sustainability across the planet.

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The development of smart cities across leading countries and territories has given an impetus to the sale of smart water meters. These meters are a part of the robust, succinct, and globally accepted ecosystem that surrounds a smart city. Smart water meters can function in sync with several other technologies such as smart electric meters. The ability of municipal bodies to gather insights about water usage across a locality shall play a vital role in driving demand within the market.

North America is expected to hold a major share of the global market for smart water meter during the forecast period. Leading share of the region is primarily attributable to strong presence of well-established players across the region, especially in the prominent economy i.e. the U.S. Moreover, the U.S. Government is investing heavily in deploying innovative smart water meters in place of older water meters across the country. North America is home to several well-established players that manufacture smart water meters, including Badger Meter, Inc., Sensus USA Inc., and Itron Inc. 

Furthermore, the region is witnessing high adoption of smart water meters due to continuously increasing government investments in the region. Several manufacturers in the region are focusing on enhancing the quality of their quality and developing innovative products to capture a wide customer base. For instance, in June 2018, Itron Inc. introduced an innovative product called Itron Intelis smart water meter at the AWWA Conference. Itron Intelis smart water meters offer additional water management capabilities and advanced metering infrastructure (AMI) through Gen5 networks and Itron’s interoperability.

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The report includes profiles of well-established players such as Kamstrup A/S, Diehl Stiftung & Co. KG, Badger Meter, Inc., Itron Inc., and Sensus USA Inc. These players are focusing on strategic partnerships. In 2017, Diehl Stiftung & Co. KG partnered with Abunayyan Holding Company, a Saudi Arabia-based provider of water-based solutions, as part of ‘Saudi Vision 2030,’ Saudi Arabia’s development program. As per this partnership, both companies would be collectively supplying more than 700,000 HYDRUS ultrasonic water meters to Saudi Arabia.

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