Liquid Dispensing Pump, Air Mist Spray, and Trigger Spray Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

Transparency Market Research delivers key insights on the global liquid dispensing pump, air mist spray, and trigger spray market. In terms of revenue, the global liquid dispensing pump, air mist spray, and trigger spray market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global liquid dispensing pump, air mist spray, and trigger spray market report.

In this market report, TMR predicts the growing commercial and industrial sector across the globe to have a noteworthy impact on the overall  liquid dispensing pump, air mist spray, and trigger spray market. The advancement in product design and the introduction of innovative packaging in the commercial and industrial sector is anticipated to propel the sale of liquid dispensing pumps, air mist sprays, and trigger sprays in the Asia Pacific region.

The introduction of liquid dispensing pumps, air mist sprays, and trigger sprays due to rapid industrialization and urbanization is expected to propel the market during the forecast period. Furthermore, the implementation of stringent laws for maintaining standard hygienic practices such as continuous washing of hands, sanitizing areas, and overall cleaning is also influencing users to opt for these products and bridging the gap, which is driving their demand.

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In terms of product type, the liquid dispensing pump, air mist spray, and trigger spray market has been segmented into liquid dispenser pump, external spring dispenser, lotion pump, air mist spray, and trigger spray. During the forecast period, the market is anticipated to be dominated by the liquid dispensing pump segment. Based on pump dosage, the liquid dispensing pump, air mist spray, and trigger spray market has been segmented into up to 0.50 ml, 0.50 to 1.50 ml, 1.50 to 2.50 ml, and above 2.50 ml.

Based on locking mechanism, the market is segmented into clip lock, lock down, lock up, twist lock, and others. In terms of spout design, the market is split into flip top spout, long spout, screw spout, and others. In the report, the liquid dispensing pump, air mist spray, and trigger spray market based on end use is classified into cosmetics & personal care, pharmaceuticals, food & beverage, and cleansing & disinfectant products. Based on distribution channel, the liquid dispensing pump, air mist spray, and trigger spray market has been bifurcated into online and offline. The offline segment is anticipated to expand at a significant growth rate during the forecast period. Asia Pacific has seen a surge in adoption of e-Commerce among consumers, which in turn has increased online retail sales of liquid dispensing pumps, air mist sprays, and trigger sprays.

Liquid Dispensing Pump, Air Mist Spray, and Trigger Spray Market: Prominent Regions

Asia Pacific led the liquid dispensing pump, air mist spray, and trigger spray market in 2019 and the region is expected to retain its dominance during the forecast period. China and India are considered the major markets for liquid dispensing pumps, air mist sprays, and trigger sprays in the Asia Pacific region. Apart from Asia Pacific, African provinces also significantly contribute to the growth of the global liquid dispensing pump, air mist spray, and trigger spray market.

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Liquid Dispensing Pump, Air Mist Spray, and Trigger Spray Market: Key Players

The competition landscape of the liquid dispensing pump, air mist spray, and trigger spray market is highly fragmented with leading players accounting for nearly 15% of the revenue share. Key players operating in the global liquid dispensing pump, air mist spray, and trigger spray market include TriMas Corporation, Guala Group, Knida Company Limited, Yuyao Shunlong Sprayer & Tech. Co., Ltd., and Taixing K.K. Plastic Co., Ltd.

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Cosmetics Ingredient Market Report: Top Companies, Trends and Future Prospects Details for Business Development

A recent study published by Transparency Market Research on the global cosmetics ingredient market covers global industry analysis and opportunity assessment for 2020-2030. The complete revenue generated from the global cosmetics ingredient market is valued at US$ 30 Bn in 2020 that is anticipated to surge at a CAGR of 5.6%, to reach US$ 51.6 Bn by 2030.

Rising Demand for Anti-aging Ingredients Paving Way for Cosmetics Ingredient Market

The growing aging population endures to push up the demand for anti-aging cosmetic products. Moreover, increasing demographic of individuals looking for better appearance is likely to drive the growth of the anti-aging ingredient sector. Several ingredients that are used in anti-aging have moisturizing and skin healing properties. These ingredients heal skin conditions, including wrinkles, acne, blemishes, eczema, and make the skin lustrous and smooth. Additionally, these ingredients also prevent sagging skin and dark spots, which are boosting the demand for anti-aging products. Hence, the rising demand for premium skin and anti-aging products is expected to augment the demand for cosmetic ingredients.

Offering Premium Cosmetic Ingredients to Create Lucrative Avenues for Market Growth

The increase in the number of working people across the world is resulting in rising per-capita expenditure ability on cosmetic products, which is a prominent factor for sales of premium quality cosmetic ingredients. The increasing population of working women that are spending more on enhancing their appearance to appear more professional and presentable is a significant factor fueling growth of the global cosmetics ingredient market across the world. Thus, the rise in disposable incomes and working women population is directly proportional to the total spending on premium cosmetic products, which serves as an opportunistic platform for players in the global cosmetics ingredient market.

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Heightened Demand for Natural Ingredients to Boost Sales

Growing concerns about side effects of various chemicals and ingredients or synthetic additives used in cosmetics and personal care products increase the demand for natural substitutes. At the back of this factor, the demand for natural cosmetic ingredients is increasing in the global market. Rising awareness and increasing expenditure on natural cosmetic products are key factors that contributed to the growth of the natural cosmetics ingredient market. Moreover, government and private corporations are also promoting use of natural cosmetic ingredients with a view to prevent and control various side effects of synthetic cosmetic ingredients, such as rashes, allergies, and other skin deformities.

Impact of COVID-19: Cosmetics Ingredient Market

The global outbreak of COVID-19 pandemic has boosted the sales of personal cleansing and hygiene products, including liquid soaps, sanitizers, and skincare products. Thus, the skin care segment, including several brands, which are focusing on the personal hygiene, along with cleansing is anticipated to drive the sales of cosmetic ingredients such as surfactants, antimicrobials, emulsifiers, emollient, anti-oxidants, humectants, and thickeners.

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Moreover, the global crisis caused due to the novel coronavirus has significantly changed the global market dynamics. This outbreak was started in China and transmitted all around the world. Due to the outbreak of the virus, governments around the world have forced complete/partial lockdown to inhibit the spread of the COVID-19 that has adversely deteriorated the supply network of several cosmetic ingredient manufacturers. The uncertainty caused by the occurrence of the novel coronavirus has interrupted the trade (import & export) of cosmetic ingredients due to the closing of international borders.

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Medical Imaging Lens Market Share to witness strong growth potential by 2030

Transparency Market Research delivers key insights on the global medical imaging lens 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 and forecasts in its report on the global medical imaging lens market.

Medical imaging lenses are used in various product applications such as fiber scope couplers, endoscope couplers, medical X-ray scanning, and diagnostic camera hand pieces to magnify the object to study, diagnose, or perform operations precisely. Among these product applications, medical imaging lenses are largely used in X-ray scanning for medical imaging to scan any kind of soft or hard tissue and treat patients accurately. In the process of studying and diagnosing, highly skilled and trained medical professionals are required to operate microscopes and obtain clear image. Thus, the demand for medical imaging lens is projected to rise across the globe in the near future with growing trend of making novel microscopes and cameras to perform operations precisely, quickly, and safely.

The global medical imaging lens market has been broadly segmented based on product application, functional application, and end use. Based on product application, the market has been divided into fiber scope couplers, endoscope couplers, medical x-ray scanning, diagnostic camera hand pieces, and others. Based on functional application, the market has been segmented into under pathological imaging, and intra-operative imaging. In terms of end use, the market has been segregated into hospitals & clinics, research laboratories, and pharmaceutical & biotechnology industry. Among product applications, the medical x-ray scanning segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period.

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Medical Imaging Lens Market: Dynamics

Well-established manufacturers of medical imaging lens are focusing on innovative technologies and software to diagnose patients accurately at greater speed. Physicians view the CT or MRI images outside the operating room and try to confirm the exact position of a cancerous site. The use of a needle-guiding system developed by HORL is helpful, as it angles the position of the needle to be inserted into the chest cavity at the accurate position. Additionally, Canon Inc. is creating a prototype of a needle guiding system by developing motors and sensors that can operate in the MRI environment. The ultra-miniature fiber endoscope and needle guiding system is being developed for commercialization by collaborating with Massachusetts General Hospital, and Brigham and Women’s Hospital. Thus, the development of innovative medical equipment for fast and accurate diagnosis is expected to drive the growth rate of the global medical imaging lens market during the forecast period.

Moreover, the demand for medical imaging lens in X-ray microscopes is high across the globe, owing to its ability to produce enlarged images of samples illuminated with X-rays. These lenses are ideal for pathological imaging, and research and development work in laboratories. Additionally, diagnostic cameras are mainly used in hospitals and clinics to investigate tiny and inner organs of the body closely that helps to perform surgical operations with high precision and accuracy. Furthermore, the increasing inclination of patients toward invasive surgeries is a strong factor that is likely to boost the global medical imaging lens market during the forecast period.

In addition to this, medical imaging lens play a vital role in the healthcare sector, as microscopes are increasingly being used in hospitals & clinics and research laboratories to study individual cells or virus cells. With technological advancements, scientists have developed a specialized microscope that can non-invasively diagnose, treat diseases such as skin cancer, as well as perform precision surgery without making any incisions on the skin, thereby resulting in improved performance of microscopes. Thus, several well-established manufacturers of medical imaging lens are focusing on technological advancements of their products to cater to the changing needs of customers. The use of novel microscopes allows medical professionals to pinpoint the exact location of abnormality, diagnose it, and treat it instantly. The development of technologically advanced microscopes is, thus expected to show significant growth rate during the forecast period, owing to its increasing adoption in hospitals & clinics.

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Medical Imaging Lens Market: Prominent Regions

According to the regional analysis, North America is the dominant region of the global medical imaging lens market. The growth of the market in the region can be attributed to significant manufacturing capability of players operating in the North America market to produce medical imaging lenses for hospitals & clinics and research laboratory use. The U.S. has proved to be the most diversified and dynamic market. A majority of medical imaging lens are used in hospitals & clinics for medical X-ray scanning to scan any kind of soft or hard tissue x-rays and convert them into any digital format such as X-rays to PDF, TIFF, DICOM, and JPEG; this is anticipated to drive the medical imaging lens market in North America over the next few years. The U.S. held a major share of the North America medical imaging lens market, in terms of revenue, followed by Canada in 2019.

However, in terms of revenue, the market in Mexico is anticipated to expand at a substantial CAGR during the forecast period. Additionally, Asia Pacific is focusing on the adoption of medical imaging lens to strengthen its healthcare sector. Japan is home to several well-established players that design and offer medical imaging lens. Thus, rising demand for medical imaging lens in hospitals & clinics and in the research laboratory field is anticipated to boost the medical imaging lens market in Asia Pacific during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The medical imaging lens market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

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Multifactor Authentication Market Size | Worldwide Opportunities, Driving Forces, Future Potential 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.

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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.

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 Share, Top Companies, Inventive Trends and Forecast to 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.

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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. 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. The smart power distribution systems market in Asia Pacific is further expected to expand at a high CAGR of 15.6% during the forecast period. Factors such as rising technological innovations and increasing adoption of smart grid solutions in order to reduce power outages and power theft are expected to drive the Asia Pacific smart power distribution systems market. The market in Middle East & Africa and South America is expected to expand at a significant pace owing to the increasing investments in the grid infrastructure development in these regions.

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Supercapacitor Market 2020 Future Scope, Demands and Projected Industry Growths to 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.

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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The key players operating in the global supercapacitor market are Maxwell Technologies Inc. (U.S.), Panasonic Electronic Devices Co. Ltd. (Japan), Cap-XX (Australia), and Nippon Chemi-Con Corporation (Japan) among others.

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Smart Water Meter Market Outlook 2020 | Top Key Players Analysis, Trends, Global Size Forecast To 2026

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.

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. 

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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.

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.

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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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