Friday, 25 September 2020

Mobile Phone Accessories Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

Mobile phone accessories are software or hardware components that are not integral to the operation of mobile phone. The increasing adoption of smartphones and other handheld mobile devices has led to the rapid growth of the global mobile phone accessories market. An increase in disposable income across regions such as Asia Pacific and a dip in the prices of smartphones have fuelled the market for mobile phones as well as for their accessories. In emerging economies such as India, China, Brazil, and Indonesia, the sales of smartphones have increased, thereby creating secondary demand for accessories that are usually not sold along with smartphones.

Mobile phone accessories include chargers, batteries, headphones/earphones, portable speakers, memory cards, protective cases, and power banks. The demand for protective cases has been the highest and is expected to surge during the period between 2016 and 2024. The demand for chargers and headphone/earphones is also anticipated to significantly increase in the coming years. It has been observed that accessories such as chargers and headphone/earphones are usually supplied by original equipment manufacturers (OEMs). As modern-day smartphone batteries are unable to endure heavy usage, the demand for power banks is expected to increase rapidly.

The global mobile phone accessories market operates through a number of distribution channels such as online stores, single-brand stores, and multi-brand stores. With the introduction of e-commerce, online stores are being preferred by consumers over single-brand and multi-brand stores. As a result, brick-and-mortar distribution stores are projected to experience a dip in their revenue in the near future. In terms of price, mobile phone accessories have been segmented into premium, mid-, and low-range price categories.          

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Global Mobile Phone Accessories Market: Overview

Mobile phone accessories complement the features, performance, and maintenance of mobile handsets. Technological innovations and the need for the effective maintenance of mobile phones have propelled the growth of the global mobile phone accessories market. The market is highly dynamic due to frequent product launches introducing new features. The compatibility and interchangeability of mobile phone accessories let consumers choose from a wide range of product offerings. The growing demand for mobile phone accessories and high profit margins of products has led many established players in the mobile handset market to launch their own accessories.                                    

The presence of a large number of multinational as well as regional brands has boosted the growth of the global mobile phone accessories market. Compared to multinational brands, regional players in the market offer fewer mobile accessories to keep their prices competitive. As a result, the majority of customers buy mobile accessories from local stores or from online stores. In the coming years, the global mobile phone accessories market is expected to be dominated by local manufacturers due to their low production costs and competitive pricing.

Global Mobile Phone Accessories Market: Region-wise Outlook

The global mobile phone accessories market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. Asia Pacific dominates the overall market owing to the increased adoption of smartphones in the region. North America is the second-largest market for mobile phone accessories, followed by Europe. In the near future, the mobile phone accessories market in Rest of the World is expected to witness significant growth.

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Some of the prominent players in the global mobile phone accessories market are Energizer, BYD Inc., Samsung Electronics, Sony Corporation, Panasonic Corporation, Beats (Apple Inc.), JVC Corporation, Otterbox, Sennheiser Electronics GmbH & Co. KG, Plantronics Pty Ltd, Bose Corporation, and Griffin Technology. Key players are focusing on mergers and acquisitions, along with new product launches to expand their business.

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.

Surface Grinding Machine Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

 

  • Surface grinding machine is a machine tool or power tool used for grinding. Surface grinding machines use an abrasive wheel as the cutting tool.

Key Drivers of the Global Surface Grinding Machine Market

  • Surface grinding machines have the ability to perform grinding operations on different types of materials, including steel, metallic, and non-metallic materials. This versatility increases the product usage in several end-use industries. This is one of major factors driving the demand for surface grinding machines.
  • Surface grinding machines can work with high degree of accuracy. High-quality surface grinding machines have the ability to grind with accuracy of 0.0001 inches.
  • Automatic surface grinding machine segment is expanding at a higher pace as a result of technological advancement in the grinding industry.

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  • As a result of Covid-19, many end-use industries such as aerospace & defense, automotive, and electrical & electronics are seeing significant slowdown in 2020. Thus, sale of surface grinding machines is also decreasing significantly.

Rising Demand from Aerospace and Defense Industry to Create New Market Opportunities

  • The global aerospace and defense industry is likely to expand at a high CAGR in the coming years. It has been observed that North America and Asia Pacific region have significant opportunities for the growth of the aerospace industry; this is projected to create significant opportunities in the surface grinding machine market.
  • Growing investment in the defense segment by developed and developing countries is also expected to boost sales of surface grinding machines.

Fluctuation in Raw Material Prices to Restrict Market Growth

  • The global metal price is changing every year. This factor is anticipated to restrict the growth of the surface grinding machine market in the coming years.

Asia Pacific the Dominant Market for Surface Grinding Machines

  • Asia Pacific was the fastest growing surface grinding machine market in 2018. Rising investment in several end-use industries coupled with increasing usage of glass in food and beverage industries in developing economies such as China and India is driving market growth. Large number of small and medium companies are starting new ventures in the surface grinding machine market. Rising foreign investment coupled with increasing demand from end-use industries is expected to propel the market growth in the region during the forecast period.
  • North America and Europe accounted for significant share of the surface grinding machine market, with major players operating their global market from these regions. The U.S. accounted for major market share in North America.

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Key Players Operating in the Global Market

The global surface grinding machine market is slightly fragmented in nature. Key market participants are signing strategic partnerships and taking strategic merger and acquisition decisions to increase their global market reach. Companies are working on developing machinery with advanced technology which can decrease the entire processing time. A few of the key players operating in the global surface grinding machine market are listed below:

  • Amada Machine Tools Co. Ltd.
  • DANOBAT
  • ANCA Pty Ltd
  • Junker Group
  • Körber AG
  • Fives Group
  • Gleason Corporation
  • Hybrid Manufacturing Technologies
  • Makino Milling Machine Co. Ltd
  • JTEKT Corporation

Smartphone Camera Lenses Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

A camera lens is used to focus light onto a camera's sensor or film. Camera lenses can be used to improve the sharpness without changing colors or shadow. Also using better quality lenses can definitely help to improve image quality. Nowadays, smartphone camera lenses are very much in trend. Smartphone camera lenses have advantages which go beyond traditional phone camera. The smartphone camera lenses can capture detail shots in fisheye which is not possible by normal smartphone camera lens. There are many options available in different shapes and sizes. There is a wide range from affordable lens adaptors to advanced pieces of kit that not only have greatly improved lenses, but also built-in sensors to deliver superior image quality. Smartphones boast extraordinary photographic capabilities, and smartphone camera lenses can take cellphone snaps to the next level. The smartphone camera lenses are model specific as well as universal.

The global smartphone camera lenses market is expanding at a rapid pace. Smartphone camera lenses are in high demand as a result of change in lifestyle of people, where owning a smartphone is not just a necessity but a norm. Rising disposable income increases the probability of consumer spending on their hobbies such as photography.

This can lead to higher potential sales of smartphone camera lenses. Smartphone camera lenses are easily attachable to the smartphone device and likely to contribute to rise in smartphone camera lenses market during the forecast period. Innovative features and decline in prices are expected to further propel the smartphone camera lenses market in the near future. Availability of systems at low price and strong economic growth in some countries such as China, Japan, and India are likely to offer significant opportunities to the smartphone camera lenses market in Asia Pacific. Thus, the growth in smartphone demand is directly impacting the consumption of smartphone camera lens industry.

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The smartphone camera lenses market can be segmented on the basis of technology type, compatibility, distribution channel, and geography. Based on technology type, the smartphone camera lenses market can be segmented into wide angle, fisheye, telephoto, and others. A wide angle is a good option for landscapes. A fisheye lens creates strong visual distortion intended for a wide panoramic or hemispherical image. Telephoto is a type of lens with a longer focal length than standard and is used to give a narrow field of view and a magnified image. Based on compatibility, the smartphone camera lenses market can be segmented into iPhone, android, and multidevice. Based on distribution channel, the smartphone camera lenses market can be segmented into online and offline. Online channel can be sub-segmented into third party and company website.

The offline distribution channel can be sub-segmented into supermarkets/ hypermarkets, specialty stores, and others. On the basis of geography, the global smartphone camera lenses market can be classified into Asia Pacific (India, China, and Japan), Europe (the U.K, France, and Germany), North America (the U.S and Canada), South America (Brazil), and Middle East & Africa (GCC and South Africa). In Asia Pacific, increasing focus and investment toward technology by major players are the factors driving the market growth.

The increasing number of players in the region has led to a rise in collaboration in the smartphone camera lenses market, which is boosting the focus toward technology. North America, followed by Europe, is the second-largest market. Players operating in the smartphone camera lenses market are Olloclip, AUKEY, CamKix, xenvo, etc. Prices can differ depending on the manufacturer. Olloclip is considered as the market leader in this category.

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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.

Art Supplies Market by Types, Demand, Top Manufacturers and Application in Grooming Regions

The art supplies market may gain an upper hand in terms of growth on the account of the growing demand due to COVID-19-induced lockdowns across the world. As the governments of various countries have implemented stay-at-home orders, many people are utilizing this time to fulfill their hobbies like drawing, painting, crafts, etc. This aspect may ping tremendous growth opportunities for the art supplies market between 2020 and 2030.

The promotion of cultural and indigenous art types in various countries may boost the art supplies greatly. The use of biodegradable art supplies has also gained considerable momentum over the years due to the growing awareness about the environment. This factor may ping good growth for the art supplies market.

This report on the art supplies market provides a bird’s eye view of the current market situation. The report analyses growth parameters like key players, competitive landscape, regional scenario, and emerging trends. The report also offers expansive research on how the COVID-19 pandemic will impact the art supplies market. The segmental study enables the stakeholder to understand the different aspects of the art supplies market systematically.

Art Supplies Market: Competitive Analysis

The art supplies market has a plethora of players competing against each other for grabbing a prominent position in terms of sales and consumer loyalty. This factor attracts intensive research and development activities, novel product launches, initiatives to increase production capacity, and exploring untapped regions. Manufacturers in the art supplies market are also focusing on developing eco-friendly products due to the growing awareness about environment conservations across the globe.

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The entry of new players in the art supplies market may increase the competition greatly. Entering the art supplies market is not a complex task as it requires low investment due to minimal infrastructure requirements and the regulations are also not extremely stringent. These factors enable maximum entry of new players in the art supplies market.

Investments from major conglomerates and organizations, mergers, acquisitions, joint ventures, and collaborations help in cementing the base of the players in the art supplies market. Some well-established players in the art supplies market are Société BIC SA, Kokuyo Camlin, F.I.L.A., Faber-Castell, and STAEDTLER Mars GmbH & Co. KG.

Art Supplies Market: The Growing Influence of Eco-Friendly and Non-Toxic Products

The art supplies market may garner good growth from eco-friendly products. A substantial consumer base is inclining toward eco-friendly and non-toxic art supplies for assuring complete safety for their progeny. Here are some art supplies that may ping good growth.

Glue: Used for a number of craft activities, glues laced with chemicals can prove hazardous for kids. Therefore, a plethora of eco-friendly and toxic-free glues are offering a hotbed of opportunities for the art supplies market. For instance, Onyx Green glue is made using plant-based packaging and 88 percent non-toxic ingredients.

Glitter: Biodegradable glitters are gaining good traction and may ping expansive growth opportunities for the art supplies market. Today Glitter is a classic instance. It is made from eucalyptus and is available in a variety of colors and textures.

Color Pencils: Colors form an important part of any art activity. The use of eco-friendly color pencils may serve as good growth generators for the art supplies market. Faber Castell launched colored EcoPencils made from reforested wood. These pencils are also non-toxic. Such products assure extensive growth for the art supplies market.

Clay: Eco-friendly clay may prove to be a good growth multiplier for the art supplies market. Clay made from all-natural and non-toxic ingredients do not harm the skin.

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Art Supplies Market: Regional Dimensions

The art supplies market is spread across North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. Asia Pacific may gain a large share of growth across the forecast period due to the vast presence of school-going children and the use of pencils, markers, etc by them across the region. The governments of various countries in the region are encouraging the promotion of local arts. This factor may garner good growth for the art supplies market.

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.

Flame Retardant Apparel Market Trends and Future Prospects Details for Business Development

 

  • Flame retardant apparel are personnel protective apparel that are designed and specially manufactured from blended materials which have been chemically treated to provide self-extinguishing properties.
  • End-users are opting for flame retardant apparel while performing activities that expose them to flames, radiant heat, and potential molten substance splash. It provides assurance to the user, protecting them from the hazards of flames, as flame retardant apparel come with a label that specifies protection from the risk of flames and thermal exposure.
  • Flame retardant apparel are found to be an ideal solution for workers to prevent burn injuries in areas with sparks, open flames, and other potential fire hazards, as it resists ignition and helps insulate against heat.
  • Major players across the globe are introducing flame retardant apparel with smart designs and unique blended materials that protect users from the risk of flames. This is likely to drive demand for flame retardant apparel in the coming years.

Increasing Concerns about Worker Safety

  • Rapid growth in the industrial sector is likely to lead to demand for personal protective apparel in order to prevent the risks associated with flames or undue fatalities. Rising awareness among users and the industrial sector about usage of flame retardant apparel while performing industrial tasks is also driving the growth of the flame retardant market. Promotions by government and regulatory bodies about the usage of safety apparel for workers in industries is also influencing the growth of the flame retardant apparel market. In addition, increasing popularity of lightweight, comfortable, tear resistant materials, and multi-functional apparel among users is also promoting the growth of the flame retardant apparel market.

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Presence of Alternative Solutions: A Key Restraint

  • Rising acceptance of cost-effective alternative solutions such as personal protective equipment and accessories in the industrial sector may act as a barrier for the growth of the flame retardant apparel market. Increase in the cost of raw materials for manufacturing flame retardant apparel is a major factor that influences end-users to opt for alternative solutions and slows down the growth of the flame retardant apparel market. In addition, overall impact of the pandemic situation (COVID-19) across the globe is also likely to hamper the growth of the flame retardant apparel market.

Asia Pacific a Potential Market for Flame Retardant Apparel

  • The global flame retardant apparel market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the flame retardant apparel market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The flame retardant apparel market in South America has been segmented into Brazil and Rest of South America.

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  • Asia Pacific is expected to remain a potential market for flame retardant apparel during the forecast period, owing to a growing industrial sector in the region that opts for flame based or heat treatment while performing operations.

Key Players Operating in the Global Flame Retardant Apparel Market

The global flame retardant apparel market is moderately fragmented in nature, due to presence of a large number of regional and global players. A few of the key players operating in the global flame retardant apparel market are:

  • 3M Co.
  • Ansell Ltd.
  • Carhartt Inc.
  • Cintas Corp.
  • DuPont de Nemours, Inc.
  • Eagle Technical Products Ltd.
  • Honeywell International Inc.
  • Kaneka Corporation
  • Kimberly-Clark Corp.
  • Lakeland Industries Inc

Military Airborne Collision Avoidance System Market Trends Innovation, Regional Demand and Forecasts, 2025

Airborne collision avoidance system is a type of ground based collision avoidance technology which operates independently. The system warns the pilot when there is presence of another aircraft nearby. In case of the risk of collision, the system also tries to maneuver the aircraft to reduce the risk. The market is expected to grow significantly during the forecast period.

There are several factors aiding to the demand of military airborne collision avoidance systems globally. The ongoing technological innovations have resulted in the development of surveillance drones and multi-rotor aircrafts in order to get real time visual inputs from the sky. However, these aircrafts need to be flown safely and maintain safe distance from commercial aircrafts. The military airborne collision avoidance systems help in controlling the unmanned drones from mid air collisions. Furthermore, the systems also ensure that the unmanned aircrafts are not flown in close proximity to the other aircraft. Mid air collision is a serious situation for any military aircrafts and these airborne collision avoidance systems ensure that these situations do not arise.

Hence the ongoing demand for unmanned aerial vehicles is further expected to drive the demand for airborne collision avoidance systems for defense applications. Moreover, the military airborne collision systems are further enhanced with additional sensors and more automated in order reduce the pilot’s responsibility as military aircrafts fly at much faster speeds and close proximities. Hence, these airborne collision systems are better suited for defense applications. These factors are driving the demand for military airborne collision avoidance systems globally.

However, there are certain restraints which are hindering the demand for these systems. These airborne collision avoidance systems operate through a deterministic model. In case of manned aircraft, the pilot might not behave by the logic assumed by the collision avoidance system.

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This can further lead to collision. This is one factor which is unavoidable and hindering the demand for these systems to a certain extent. Moreover, the use of military airborne collision system involves high investment cost which is not preferable for developing regions such as Africa and Asia Pacific. These factors are lowering the demand for these systems. Nevertheless, ongoing research in the field of defense is expected to result into the development of advanced airborne collision avoidance system which will be capable of taking decision based on the pilot’s flying behavior.

The global airborne collision avoidance systems market can be segmented by types and region. By types the market can be segregated into TCAS, RADAR, PCAS, GPWS, FLARM,TAWS and Synthetic Vision among others. By geography, the global market has been segregated into five strategic locations which include North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North American region is expected to witness promising growth owning to the increasing adoption of military drones a for surveillance applications. Furthermore, the region includes countries such as the U.S. and Canada who invest heavily in maintaining their defense capabilities.

Hence the region is expected to dominate the market during the forecast period. Europe is expected to follow North America in terms of revenue market share. European region includes countries like the U.K., Germany and France who are upgrading their surveillance capability based on the rising terrorist activities in this region. Going further, Asia Pacific region is expected to have the third largest market as the region has countries like India which do not have the budget to incorporate these advance airborne collision avoidance systems. However, the rising economic condition in countries such as India and China is expected to drive the demand significantly in future.

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The leading players in the global military airborne collision avoidance systems include  Honeywell Aerospace, Rockwell Collins, Aviation Communication & Surveillance Systems, SAAB, Airbus, Indra Sistemas, Diehl, Selex ES, Alenia Aermacchi and Sagem among others.

Glass and Quartz-based Trimmer Market Trend And Growth To 2027 Shared In Latest Research

 

  • Glass-based trimmers offer a very high capacitance of up to 330pF. This provides these trimmers with high tolerance to vibrations and shocks. Moreover, these trimmers have high tuning stability, sensitivity, and efficiency. Thus, glass- and quartz-based trimmers witness high demand in applications wherein precision and accuracy are important. This factor primarily drives the global glass- and quartz-based trimmer market.

Key Drivers and Restraints of Global Glass and Quartz Based Trimmers Market

  • Trimmer capacitors are largely used in oscillators, radio frequency equipment, and communications equipment. Based on their dielectric property, trimmer capacitors are classified into glass- and quartz-based trimmers, air trimmers, ceramic trimmers, plastic trimmers, sapphire trimmers, and mica trimmers. Use of a dielectric material makes a large difference in the circuit performance. Glass and quartz-based trimmers offer high dielectric constant (Q), low RF losses, precise linear tuning, low loss, high sensitivity, and high stability. Furthermore, glass- and quartz-based trimmers have non-rotating pistons, which makes them ideal for use in challenging applications. Hence, these trimmers are used in applications wherein accuracy and precision are key parameters. Rising adoption and growing invest is expected to bolster the market during the forecast period.
  • Some of the factors which are restraining the growth of the global Glass and quartz-based trimmer market are stringent radio frequency standards which are adopted by government bodies of countries globally.
  • Moreover, rising investment for the development of Glass and quartz-based trimmer based advanced radio frequency equipment is also expected to create new opportunity for the manufacturers in coming years. 

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Asia Pacific to Lead the Global Market for Coating Pigments

  • In terms of region, the global glass and quartz based trimmers market can be divided into: North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • Asia Pacific is likely to witness the maximum demand for these product during the forecast period from 2019 to 2027. Major manufacturers of glass and quartz based trimmers have been investing heavily in China, especially in the telecommunication sector in the country.
  • Moreover, factors such as increasing demand for mobile communication equipment and huge adoption of Wi-Fi technology are so driving the growth of radio frequency devices market. This factor is expected to boost the market demand during the forecast period.

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Key Manufacturers Operating in Market

The global glass and quartz based trimmers market was highly fragmented in 2018. Key manufacturers operating in the global market are:

  • Knowles Corporation
  • Sprague Goodman Electronics
  • Suntan Capacitors
  • Vishay Intertechnology, Inc.
  • Murata Manufacturing Co., Ltd.

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 ...