Thursday, 24 September 2020

Wall Decor Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

Wall Decor 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.

Smart PPE Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

The global smart PPE market is estimated witness remarkable sales opportunities during the forecast period of 2020 to 2030. This growth is attributed to increased use of smart PPE in various end-user industries such as firefighting. Smart PPE can be defined as wearable pieces of equipment that can be connected to Bluetooth or the Internet for delivering safety information to the wearer or others in the field. The specialty of these wearables is that they can gather data, adjust to conditions, and give warning of danger.

The segmentation of the global smart PPE market is performed on the basis of end-user and region. Based on end-user, the market for smart PPE is classified into manufacturing, firefighting, oil and gas, construction, and mining. Of them, firefighting is one of the lucrative segments driving market growth.

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Global Smart PPE Market: Growth Dynamics

Smart PPE are majorly used by firefighters of all worldwide locations. The global smart PPE market is growing on the back of plethora of reasons. In recent times, there is remarkable increase in the instances of collisions, car accidents, and medical emergencies. As a result, the work of firefighters has increased immensely. This situation has created remarkable growth avenues for the global smart PPE market.

Many vendors from the global smart PPE market are focused on advancing the features of the products they offer. These features include provision for advanced functional operations, superior thermal protection, and improved water adsorption ability. Apart from this, gamut of enterprises are advancing their products by providing users with data transfer modules and smart sensors. All these features are helping firefighters to maintain their safety during their work. As a result, the global smart PPE market is witnessing prodigious demand avenues from all across the world.

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Global Smart PPE Market: Competitive Analysis

The smart PPE market is highly fragmented in nature. Presence of many players indicates that the competitive landscape of the market for smart PPE is highly intense. Major enterprises working in the global smart PPE market are growing investments in research and development activities. The key purpose of this move is to advance the quality of products they offer.

Several companies from the smart PPE market are focused on rolling out innovative products. In addition to this, some vendors are attracting their customers by offering additional services. It includes the provision of connected PPE that uses cloud to offer interactivity, data analysis, and customer service. All these activities show that the global smart PPE market will develop at rapid speed during the forecast period of 2019 to 2027.

Pet Care Market Report: Top Companies, Trends and Future Prospects Details for Business Development

The global pet care market is substantiating a sturdy growth with next generation pet tracking and monitoring breakthroughs, such as Whistle 3 for more reliable, faster, and smarter pet care. The wireless and GPS enabled device works remarkably for locating a lost pet and taking charge of the pet’s daily activities and exercise. With phenomenal features such as companion mobile app, accurate location tracking, and waterproof on-collar device of all shapes and sizes, Whistle 3 is currently making the cut in the industry. The advanced pet tracking gadget is a fine illustration of the market’s quantum leap in technology.

The global pet care market report brings to light some of the salient factors and progressions of the industry while presenting two pivotal segmentations. The analysts have segmented the market taking into consideration the major geographical regions. With reference to the different pet types, the market is split into five segments and an exclusive segment which incorporates the not-so-common types of pets.

In respect of the several microeconomic and macroeconomic aspects making a difference in the international pet care market, the report foresees the growth factors and their impact for the forecast period 2016–2024. Interested parties also have access to the present and future market scenario as the study spotlights the prevailing trends and market size until the end of the forecast period. Overall, the report offers an across-the-board analysis of the market to help make knowledgeable business decisions and have a preliminary visibility of the future market.

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Global Pet Care Market: Trends and Prospects

The pet care market is mainly comprised of pet health care and pet food on a worldwide platform. Pet owners are taking to premium food products and creative grooming commodities to care for their domestic pets. This has considerably raised the spending limit of pet owners in the industry, thereby adding to the growth of the global market. As pet owners are accepting their pets as family members due to altering cultural and socioeconomic factors, the market is expected to witness a valuable growth. In addition to the aforementioned drivers, the escalating disposable income of pet owners belonging to the middle income group and rising trend of nuclear family are anticipated to lay a robust foundation for the advancement of the market.

The global pet care market could find some hurdles in its growth path due to strict cultural and government regulations, rising incidence of allergies from pets, and swelling prices of pet care products. Howbeit, the elevating concerns towards pets and surging number of pet owners are envisioned to repair the shortcomings of the market.

Global Pet Care Market: Geographical Evaluation

With the lowest birth rate in the world, China is foretold to boost the global pet care market as the average income population chooses to spend more on their pets rather than having children. However, India tops the Asia Pacific market in terms of healthy growth. Comparative prospects are also expected to be witnessed by North America in the international market.

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Global Pet Care Market: Competitive Landscape Analysis

The competitive landscape of the global pet care market is envisaged to be driven by extended trends and innovations apart from the usual pet care products. Services such as pet day care and pet training are prophesied to influence the market. The report elaborates more on the competitive scenario of the market, taking into account other decisive factors.

Aerospace & Defense Windshield Wiper Systems Market Size, Growth, Trends and Forecast, 2025

The function of the windshield wipers systems in the aircraft is much similar to those which are used in the automobiles. The windshield wipers systems in the aircraft are able to resist the air loads caused due to the high speed. In addition, the windshield wipers are designed to offer a clear area during landing, approach and takeoff. The aerospace and defense windshield wiper systems market will grow at a high CAGR during the forecast period of 2017 – 2025.

Based on aircraft type, the global aerospace & defense windshield wiper systems market is segmented into wide body, narrow body, general aviation, very large aircraft, military aircraft, helicopter and others. Among various aircraft type, in 2016, the narrow body segment estimated to be the major market followed by military aircraft and expected to be the same during the forecast period of 2017 – 2025. Increase in the demand of aerospace & defense windshield wiper systems in developing countries such as India, Brazil and Argentina among others is expected to be one of the major factor fueling the regional aircraft segment in global aerospace & defense windshield wiper systems market during the forecast period 2017 – 2025.

Based on fit type, the global aerospace & defense windshield wiper systems market is segmented into retrofit and line fit. Among various fit type, the retrofit segment estimated to be the higher CAGR during the forecast period of 2017 – 2025. Outsourcing of manufacturing windshield wiper systemsto lowcost countries is one of the major key trends of the aerospace and defense windshield wiper systems market.

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The supply chain of global aerospace & defense windshield wiper systems market comprises of windshield wiper system manufacturers, raw material manufacturers, airline companies and aircraft OEMs. The key aircraft OEMs are Airbus, Boeing, Lockheed Martin, Embraer, Gulfstream Bombardier, Cessna and ATR. They key airline companies are Delta Airlines, Air Asia, American Airlines and Lufthansa Airlines.

By geography, the global aerospace & defense windshield wiper systems market has been classified into six regions namely North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. In 2016, North America held the largest market share in the aerospace & defense windshield wiper systems market followed by Europe. Some of the major factors driving the market for aerospace & defense windshield wiper systems market in North America are increase in collaboration with OEMs and new product development among others. In 2016, the U.S. is the key market for the aerospace & defense windshield wiper systems, globally.Asia-Pacific is expected to witness the highest CAGR among all regions during the forecast period of 2017 – 2025.

Countries such as India, China and Japan are the key market for the aerospace & defense windshield wiper systems in Asia Pacific. Factors such as long terms contracts, increase in manufacturing windshield wiper systems and increasing demand of wiper systems in various countries such as India and China among others is the major factors boosting the demand of aerospace & defense windshield wiper systemsmarket in Asia Pacific.Middle East and Africa is expected to grow at a healthy rate during the forecast period of 2017 – 2025. Partnership with major OEMs such as Boeing, Lockheed Martin andEmbraer among others is the major market boosting the market for Aerospace & defense windshield wiper systems in Middle East and Africa.

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Some of the major players in the aerospace & defense windshield wiper systemsmarket include are Zodiac Aerospace (France), UTC Aerospace Systems (United States), LMI Aerospace, Inc (United States), GKN Aerospace (United Kingdom) and SIFCO Industries Inc (United States). These key players are targeting the developing economies and are applying various methods to increase their market share. In addition, some of the other major players Mitsubishi Heavy Industries (Japan), Bombardier Inc (Canada), Embraer Aircraft Holding, Inc (Brazil) and Boeing (United States) and among others.

Silicon Wafer Reclaim Market Size 2020 Future Scope, Demands and Projected Industry Growths to 2025

Silicon wafer reclaim is a wafer that is processed, stripped, polished, cleaned, and reprocessed for various applications such as for the manufacturing of solar cells, integrated circuits, and more. Furthermore, it is a process that converts used wafer into a functioning good quality wafer known as test wafer at a much cheaper cost. With the help of silicon wafer reclaim, companies can prominently reduce the cost of purchasing new wafers. Silicon reclaim wafers are thinner in size as compared to unused wafers and generally offer the same performance as an unused or virgin test wafer.

Basically, a silicon wafer reclaim process begins with sorting, inspection, and evaluation for the prevention of metallic contamination in the reclaim process. Furthermore, through the stripping process, the metallic films on the wafer are removed. This is followed by another process known as grinding process, which is used to remove the additional metallic films from the silicon wafer. Prior to the packaging, a silicon wafer is finally cleaned, inspected, and certified. Cleaning of the silicon wafer is done for the reduction of metallic level.

The increasing cost of silicon wafers, their rising demand for the manufacturing of chips or micro-chips used in electronic devices, and increasing application of silicon wafers to diagnose the process conditions and status of the equipment used in semiconductor manufacturing processes is expected to boost the global silicon wafer reclaim market. Silicon is a vital and high quality material used in the manufacturing of semiconductors. Reclaiming the wafers is an economical program that high volume manufacturers of chips undertake to increase the significance of silicon substrates previously used. Due to the steep cost of superior quality silicon and its consumption in huge volumes by various industries, large number of semiconductor facilities monitor and optimize their manufacturing equipment and processes with the help of reclaimed wafers.

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Complexity of the silicon wafer reclaim process that includes sorting, stripping, lapping, polishing, and inspecting could restrain the growth of the silicon wafer reclaim market. For instance, during the inspection stage prior to fabrication, the wafers are sorted on the basis of thickness. Typically a certain amount of defect levels needs to be maintained. Any error in measuring the defect levels can hamper the entire fabrication process, as it is used for troubleshooting equipment used for the process of fabrication. However, the increasing technological investment by well-established players to simplify the reclaiming process is expected to overcome this complexity.

The silicon wafer reclaim market can be segmented on the basis of product type, application, and regions. On the basis of product type, the market can be segmented into 150mm, 200mm, 300mm, and others. On the basis of application, the market can be segmented into solar powered cells, integrated circuits, and others.

Geographically the silicon wafer reclaim market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America and Europe are expected to lead due to technological advancements, growing demand for low cost silicon wafer for the semiconductor industry, and presence of well-established players in the silicon wafer reclaim market across countries such as the U.S. and Canada. However, continuously growing industrialization in China and the “Make in India” initiative to set up semiconductor wafer plants in India is expected to drive the silicon wafer reclaim market at a significant pace.

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Some of the key players in the silicon wafer reclaim market are MicroTech Systems, Inc., Phoenix Silicon International Corporation, RS Technologies Co., Ltd., Shinryo Corporation, Silicon Materials, Inc., Silicon Valley Microelectronics, Inc., Pure Wafer, Noel Technologies, Inc., NOVA Electronic Materials, LLC., Optim Wafer Services, Silicon Quest, NanoSILICON, Inc., and many more.

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.

Optical Sensor Market Trends | Worldwide Opportunities, Driving Forces, Future Potential By 2027

Transparency Market Research delivers key insights on the global optical sensor market. In terms of revenue, the global market is estimated to expand at a CAGR of ~11% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights in its report on the global optical sensor market.

Optical sensors convert light into electric signals. They measure the physical quantity of light and convert light into a form that can be interpreted by an instrument. An optical sensor is connected to an electric trigger that can react as per changes in the signal. Optical sensors have the ability to measure changes in the wavelength of light. Optical sensors work by using either the single-point method or the distribution point method. In the single-point method, change in the single phase is required to activate the optical sensor. In the distribution point method, the sensor is reactive in series.

Optical sensors have evolved significantly since their introduction 40 years ago. Technological advancements over the last decade have resulted in the development of optical sensors that are suitable to function at a wide range of wavelengths, from ultraviolet (UV) to infrared (IR).

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The global optical sensor market is witnessing significant advancements and innovations. Due to this, the market is expected to expand at a significant rate during the forecast period. Significant increase in the demand for optical sensors for use in a wide range of applications is another factor boosting the global optical sensor market. Optical sensors are employed in various applications such as oil & gas, border security, and smart homes.

Global Optical Sensor Market: Prominent Regions

North America accounted for a key share of the global optical sensor market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing adoption of smartphones, tablets, and consumer electronic products in the region. The U.S. constituted a significant share of the market in North America in 2018. The country witnesses high investments in R&D activities aimed at innovating new technologies, and is also the most technologically-advanced region.

Europe has emerged as the second-largest market for optical sensors across the world. The region is anticipated to hold a considerable share of the global optical sensor market during the forecast period, owing to the increasing adoption of optical sensors in countries of Western Europe and Central Europe, and increased spending on semiconductor production. The rising use of optical sensors in biometric systems is also expected to augment the adoption of optical sensors in Europe in the next few years.

Asia Pacific is anticipated to be a highly lucrative market for optical sensors throughout the forecast period, owing to the growing penetration of optical sensors in developing economies such as China, in the region. Lucrativeness of the market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research and development activities being conducted in the field of pumped optical sensors in the region.

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Key players operating in the global optical sensor market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing production capacity, in order to meet the rising demand.

Global Optical Sensor Market: Key Players

Key players operating in the global optical sensor market are ROHM Co. Ltd, Rockwell Automation Inc., SICK AG, Vishay Intertechnology Inc., Honeywell International Inc., On Semiconductor Corporation, IFM Efector Inc., Keyence Corporation, Pepperl+Fuchs GmbH, STMicroelectronics NV, and Panasonic Corporation.

Construction Robots Market Competitive Landscape, Future Plans, and Forecasts Study Till 2026

According to a new market research report on the construction robots market, published by Transparency Market Research the global construction robots market is expected to reach value of US$ 470.61 Mn by 2026, expanding at a CAGR of 10.4% from 2018 to 2026. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 12.4% between 2018 and 2026.

Construction companies welcoming their new robot workers are driving the global construction robots market

Earlier, the construction industry was one of the most unfamiliar R&D fields for the robotics & automation community, despite the fact that the industry is one of the oldest and the largest economic sectors. However, in recent years, the construction industry has become one of the most important research areas in the field of service robotics. The key difficulty with robotics & automation in construction (RAC) is related to nature of the work environment, which is highly unstructured. Automation is changing the face of nearly every industry across the world, whereas the construction industry may pave the way for robots. In the construction industry, robots can carry out 80% of the work, which is more repetitive, more dangerous, and more monotonous. 

Global Construction Robots Market: Scope of Report

The global construction robots market has been broadly segmented in terms of automation, function, application, and geography. In terms of automation, the market has been classified into fully autonomous robots and semi-autonomous robots. Among these, the semi-autonomous robots segment accounted for a major market share of around 74% in 2017. The segment is expected to expand at a significant CAGR of 11.0% during the forecast period. The need for broader and more efficient infrastructure and improved monitoring of infrastructure for predictive and corrective maintenance are factors driving the segment. Based on function, the construction robots market has been divided into 3D-printing robots, demolition robots, bricklaying robot, and others.

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The combination of 3D-printing and industrial robots is some of the most promising automation technologies in the construction industry. In terms of application, the construction robots market has been classified into commercial buildings, residential buildings, public infrastructure, and others. In 2017, the public infrastructure segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 10.9% during the forecast period.

Based on region, the global construction robots market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global market in 2017. The region has abundant natural reserves distributed across various countries. Mining and construction are among the top industries in Australia, China, India, Malaysia, and Vietnam.

With growing urbanization and wide availability of natural resources in the region, mining and construction companies have started using automated equipment, operating software, and communication systems to connect and operate on site. Europe held a major share of the global construction robots market in 2017. This can be attributed to extensive facilities of various companies for the development and production of construction and demolition robots, and increasing need for residential and non-residential construction projects in the region. 

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Global Construction Robots Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global construction robots market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global construction robots market are Brokk AB, TopTec Spezialmaschinen GmbH, Construction Robotics, Komatsu, Ekso Bionics, Fujita, Fastbrick Robotics, Autonomous Solutions, Giant Hydraulic Tech, Yingchuang Building Technique Co. (WinSun), Alpine Sales and Rental, and Beijing Borui Intelligent Control Technology. Companies are focusing on expanding their business through acquisitions and strategic partnerships. 

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...