Electric Boats Market Analysis, Emerging Trends, Opportunity Assessment and Forecast 2026

Electric boats utilize battery power to propel the rotor in order to achieve movement. Batteries used in electric boats are same as batteries of electric vehicles. Electric boats have been popular since their invention in 1839. Demand for electric boats was drastically reduced after the invention of fuel-powered boats. Presently, governments of several nations are focusing on the expansion of battery-based transportation, as emission is considered as a primary global problem.

The global electric boats market is primarily driven by the surge in recreational activities across well-developed nations such as the U.S., Canada, and several countries in Europe. Increase in disposable income, higher standards of living, tendency to indulge in recreational activities, and income stability are propelling the demand for recreational boating services, which is fueling the demand for electric boats. Increasing awareness about environmental safety, government initiative toward reducing reliability over fossil fuels, advanced technology, development of batteries having longer life and reliability, and consumer preference for economically effective boats are prominently driving the global electric boats market. Increase in boat transportation and boat leasing is propelling the global electric boats market at a steady pace.

Electric boats are expensive and hence, middle class people do not prefer them. Electric boats have high horse-powered motors, which require fast speed chargers, which in turn increases the cost of the boat. Higher cost of the electric boat is a key factor restraining the global electric boats market.

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The global electric boats market can be segmented based on boat type, battery type, power output, and region. Based on boat type, the global electric boats market can be segmented into two segments. Hybrid electric vehicles are widely employed owing to their reliable performance and ability to handle higher loads. Based on battery type, the global electric boats market can be divided into three segments. Lithium-ion batteries are a revolutionary development in the field of electric boats and electric vehicles. These batteries provide longer life and higher load carrying capacity coupled with fast charging. Therefore, this segment is likely to dominate the global electric boats market during the forecast period.

Based on boat type, the global electric boats market can be segregated into three segments. Several recreational activities, such as fishing, require small boats, while large boats are preferred for recreational activities for the entire family and parties. The boats used for passenger and goods transportation are preferably large boats. In terms of power output, the global electric boats market can be classified into three segments. Medium and large boats requires power output in range of 30 kW and above. Large and medium boats are employed for medium- and heavy-duty applications, as they require a much higher power output.

Based on region, the global electric boats market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Countries across North America and Europe are witnessing a surge in demand for recreational boating services. Stable income and preference for water-based activities are fueling the demand for electric boats across North America and Europe. Governing bodies are primarily focused on minimizing emission in order to reduce environmental impact. Therefore, governments are promoting clean and emission-less power sources, which is likely to offer lucrative opportunities for the electric boats market across the globe.

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Key players operating in the global electric boats market include Frauscher, Duffy Electric Boat Company, RAND Boats ApS, Echandia Marine AB, GardaSolar s.r.l., Lillebror Marine, Canadian Electric Boat Company, Quadrofoil d.o.o., NavAlt boats, LTSMARINE, Symphony Boat Company, Ruban Bleu, aquawatt Mechatronik und Yachtbau, Soel Yachts B.V., Torqeedo GmbH, and LEAR ELECTRIC BOATS.

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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Automotive Valve Lifter Market Analysis, Sales Revenue, Business Growth and Forecast 2027

 

• A valve lifter, also known as tappet, or cam follower, is a key component in an internal combustion engine. A valve lifter is located between valve lifting mechanism and camshaft lobe.
• A valve lifter eliminates the need for mechanical clearance in the engine's valve train. It also protects the engine valve from thermal expansion normally witnessed in an engine, which is caused due to high temperature generated in the combustion chamber.

Key Drivers of Global Automotive Valve Lifter Market

• Demand for high performance engines and high power in automobiles is driving the market for automotive valve lifter. For instance, high performance vehicles, such as racing cars, that require the engine to deliver high power and performance, require a valve lifter with accurate timing, which ensures timely opening and closing of an engine valve. When a vale lifter is not functioning properly, the engine produces a knocking sound while starting. This indicates that either the engine oil needs to be replaced or valve lifter needs to be cleaned.
• Government regulations and standards have mandated an increase in fuel efficiency of vehicles, which in turn is driving the global automotive valve lifter market. For instance, Corporate Average Fuel Economy (CAFE) regulations across the globe are prompting automakers to enhance fuel efficiency of their vehicles in the time frame proposed by government and regulatory authorities. The National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) have set standards to improve fuel economy and reduce emission gases for passenger cars and light trucks for all new models from 2017. India has also adopted CAFÉ regulations since April 1, 2017 in order to reduce average corporate CO2 emission caused by two-wheelers, three-wheelers, passenger and commercial vehicles. Similar norms are being adopted in several countries including China to reduce fuel consumption in vehicles.
• Roller tappets or roller valve lifters are gaining popularity among vehicle manufacturers owing to enhanced output performance and vehicle efficiency. Roller tappets can operate at high engine rpms ranging from 1500 to 2000. The only drawback being that roller tappets are expensive.

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Rise in trends toward electrical vehicles to hamper global automotive valve lifter market

• Popularity of electrical vehicles is rising, as they are emission-free and are expected to reduce carbon footprint owing to increasing adoption. Norway, Germany, and China are key consumers of electrical vehicles. Electric propulsion also eliminates the IC-engine in vehicles and hence, a rise in preference toward electrical vehicles is expected to hamper the global automotive valve lifter market.

Passenger vehicle segment to account for significant share of automotive valve lifter market

• Increase in popularity of SUVs and hatchbacks in the Americas is driving the demand for SUVs and hatchbacks. Demand for premium sports cars is rising due to increasing standards of living and economic development in Europe and Americas. For instance, Ford Mustang, Chevrolet Camaro, and Audi A5 are a few of the models gaining popularity among consumers in Canada and the U.S.
• Economic development in countries such as India, China, Vietnam, and South Korea has led to improved roads and infrastructure. This, in turn, has fueled the trends of owning a vehicle, resulting in an increase in number of passenger vehicles. Therefore, a rise in the number of passenger vehicles is propelling the automotive valve lifter market.

Asia Pacific to hold prominent share of global automotive valve lifter market

• Countries in Asia Pacific are enacting stringent regulations in order to reduce air pollution and curb climate change. For instance, government regulations such as CAFÉ and pollution control norms in countries such as China, India, and Japan are driving the need for fuel efficient, high-performance vehicles in the region. This, in turn, is fueling the demand for valve lifter that increases the efficiency, power output, and performance of vehicle engine.

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Key players operating in global automotive valve lifter market

The global automotive valve lifter market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive valve lifter market are:

• Schaeffler
• Rane Holdings Limited
• Crower Cams & Equipment Co., Inc.
• Shri Ram International
• Wuxi Xizhou Machinery Co., Ltd. 
• SM Motorenteile GmbH
• LUNATI (lunatipower.com.)

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Tea-based Skin Care Market Demand, Growth Factors, Regional Trends, Future Plans and Outlook

 

• Tea based ingredients are used to manufacture natural skin care products. These products do not have any ill effect on human skin.

Key Drivers of the Global Tea-based Skin Care Market

• Growing consumer awareness about the benefits of natural cosmetic products is boosting the growth of the tea-based skin care market.
• Tea contains high concentration of vitamin E, vitamin B, antioxidants, tannin, caffeine, potassium, folate, magnesium, and manganese. These ingredients help to delay and prevent aging by improving the appearance of the skin. Vitamin E works to provide hydration, cell regeneration, and nourishment. Skin care formulations are made with major ingredients including tea extracts which is driving the growth of the tea based skin care market.
• Some of the popular teas used in skin care products are spearmint, white, hibiscus, oolong, and green. White tea works as a moisturizing component to prevent skin damage caused by sun exposure. Oolong, hibiscus, and spearmint tea prevents skin problems including eczema, clogged pores, and acne. These properties work as a market driver for tea-based skin care products.  

Increasing Consumer Awareness about Harmful Chemical Skin Care Products

• Growing consumer awareness about the ill effects of chemical skin care products is driving the demand for natural products including tea-based skin care products. Furthermore, consumers in developing countries are reducing the usage of chemical cosmetics which is expected to boost the market growth in the next few years.

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Rising Penetration of Alternative Products to Hamper the Market

• Growing penetration of low budget skin care products is likely to restrict the growth of the tea-based skin care market. Average price of conventional skin care product is much lower than organic and natural products, which is expected to decrease the demand for tea-based skin care products in the coming years.

Asia Pacific to Hold Major Share of the Global Tea-based Skin Care Market

• Asia Pacific accounted for largest share of the tea-based skin care market. Demand for organic and natural ingredients in cosmetics is very high among consumers of this region. It has been observed that large number of consumers prefer to purchase natural beauty products rather than chemical products in China, Hong Kong, Japan, Singapore, South Korea, Taiwan, Thailand, and India. Various global manufacturers including Lu Ming Tang, AmorePacific Corporation, Soh-cha, and SkinYoga are hence operating their companies from this region.
• The popular tea culture in Asia Pacific has a positive impact on the production sector as a result of easy raw material availability. White and green tea are used as major ingredients in tea-based skin care products. China accounted for over 50% share of the green tea production which will help local tea based skin care product manufacturers to increase their production.

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Key Players Operating in the Global Market

The global tea-based skin care market is highly fragmented with many small and large players present in the market. Companies are adopting several strategies including product innovation & development as well merger & acquisition to boost their market revenue. For instance, in June 2019, Unilever, a U.S. based company, acquired Japan based modern skincare brand Tatcha LLC. This acquisition is expected to help Unilever increase its natural product portfolio. A few of the key players operating in the global tea-based skin care market are:

• 100% PURE
• Amorepacific Corporation
• Avon Products, Inc.
• L'Oréal S.A.
• Lu Ming Tang
• Natura & Co
• Organic Tea Cosmetics Holdings Co Ltd.
• Schmidt's Naturals

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Sauna Heaters Market: Competitive Landscape, Future Plans, Opportunities and Comprehensive Research Study Till 2027

 

• A sauna is a timber-lined room also known as sudatory, which is heated in order to heat the body of the person inside it. It provides experience of dry or heat sessions. Saunas are mainly found in health clubs, community centers, or local gyms. The main part of any sauna is a heater which has a specific design to produce high temperature at constant rate. Production of heat and steam are the two main functions of sauna heaters. The most common sauna heaters are electric heaters.
• Sauna heater provides comforting heat and plenty of steam by adding water on the sauna rocks. Most sauna heaters are dry; traditional steam sauna needs some water every 2 to 6 minutes for steam production and to maintain humidity level according to the consumer’s preference. Benefits of sauna use include removal of toxins through sweating, and increased blood flow to the skin surface for blood circulation.

Key Drivers of the Global Sauna Heaters Market

• Saunas are increasingly becoming popular across the globe not just in spas and gyms, but also in people’s homes. The driving factors of the sauna heater market are growing awareness of saunas and sauna bathing, increasing usage of saunas in new residential construction, and growth in commercial use.
• The sauna and spa market is showing significant growth in recent years which is also an encouraging factor for the sauna heaters market. An increasing number of spas in developing countries also supports the growth of the sauna heaters market.

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Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global sauna heaters 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 sauna heaters market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the sauna heaters market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America sauna heaters market is segmented into Brazil, and Rest of South America.
• Currently, North America dominates the global market and is likely to continue its dominance in the coming years as well. However, the market in Asia Pacific is projected to expand at a significant growth rate during the forecast period, as emerging regions such as India and China are the foremost consumers of sauna heaters.

Key Players Operating in the Global Market

Key players operating in the sauna heaters market are estimated to witness rising demand for sauna heaters during the forecast period, owing to the launch of latest sauna heaters that are expected to prompt customers to spend more on them. Manufacturers are focusing on the strategies of acquisitions, expansions, and collaborations with startup companies to gain significant share of the market. Additionally, manufacturers emphasize on driving consumer engagement by investing in product marketing, and in-store and online experience.

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In May 2018, HUUM was the first company in Estonia to manufacture award winning electrical sauna heaters and remote controls. The technology in these sauna heaters activates the heater through the mobile phone.

A few of the key players operating in the global sauna heaters market are:

• Almost Heaven Saunas
• Amerec
• EOS Saunatechnik GmbH
• Finlandia Sauna Products, Inc.,
• Finnleo
• Harvia Oy
• Helo Group Ltd.
• KLAFS GmbH & Co. KG

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Liquid Soap Market: Key Strategies to Use to Dominate Globally 2020-2028

The global liquid soap market is poised to grow at a stupendous pace during the forecast period of 2019 to 2028. This growth is attributed to rising awareness about personal hygiene among adult population from all across the world. Liquid soaps have low PH levels. This makes them gentle and suitable for all skin types including sensitive skin. Owing to all features, the global liquid soap market is witnessing stupendous demand avenues from major population in the world.

An upcoming research report from TMR on the liquid soap market provides detailed analysis of key elements that support or hinder the market growth. Apart from this, it offers dependable data on volume, shares, revenues, key players, and probable growth avenues in the market for liquid soap. Thus, the report is a valuable guide offering data on the global liquid soap market for the forecast period of 2019 to 2028.

The global liquid soap market is segmented on the basis of various key factors such as product, application, distribution channel, and region. Based on distribution channel, the market for liquid soap is classified into connivance store, supermarkets and hypermarkets, online, and others.

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Global Liquid Soap Market: Growth Dynamics

Majority of people today from all across the world are inclined toward using liquid soap instead of other options including soap bars. Key reason behind this shift is the ability of liquid soaps to retain over 30% of skin moisture. Owing to this factor, liquid soaps are considered suitable for dry skin as well. People today are more aware about the importance of personal hygiene. This factor has motivated major global population toward spending on personal hygiene. As a result, players from the global liquid soap market are witnessing remarkable sales avenues.

Vendors working in the global liquid soap market are pouring efforts to offer innovative products with a wide range of fragrance choices. Apart from this, a wide range of population is inclined toward the use of handcrafted and homemade shops. The process of manufacturing these products is comparatively unsophisticated. In addition to this, their production cost is insignificant. As a result, there is considerable growth in the number of small-scale private companies in this market. This factor is helping in the expansion of the global liquid soap market.

Global Liquid Soap Market: Competitive Analysis

The global liquid soap market is fairly fragmented in nature. Presence of many regional and international players connotes that the competitive landscape of the market for liquid soap is highly intense. Vendors working in this market are using diverse strategies to gain the leading position. Many companies are growing their investments in research and development activities. These moves are helping them to introduce superior quality products. Apart from this, major vendors are utilizing online sales channels for the sales of their products. All these moves indicate that the global liquid soap market will expand at prodigious rate during the forthcoming years.

The list of key players in the global liquid soap market includes:

• Procter & Gamble
• Reckitt Benckiser Group plc.
• 3M
• Unilever
• GOJO Industries, Inc.
• Lion Corporation
• Godrej Consumer Products
• Kao Chemicals
• Bluemoon Bodycare

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Global Liquid Soap Market: Regional Assessment

The global liquid soap market is spread across five key regions, namely, North America, Europe, Asia Pacific, Central and South America, Middle East and Africa. Of them, Asia Pacific is one of the leading regions of the market for liquid soap. Rising awareness about hygiene, presence of significant number of key players, new product launches in the region are projected to drive the market growth in the upcoming years. In addition to this, the liquid soap market will witness stupendous sales avenues for commercial as well as household applications owing to increased population in this region.

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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Global Homeware Market: Leading Segments and their Growth Drivers 2020-2027

The market for homeware is on an upward growth curve and a sturdy growth rate, compounded annually, will be noted over the forecast period of 2019 to 2027, notes Transparency Market Research in its upcoming report. Over this period, new opportunities will emerge and market would reach a higher valuation. One of the most notable factors of growth in the global homeware market would be product innovation, and portfolio expansion.

Global Homeware Market: Competitors Landscape

The global homeware market is marked by presence of a large number of players that operate in its vendor landscape. These make it fragmented as well as competitive. Therefore, it does not come as a surprise that the market is experiencing a number of developments, which are a product of active measures and varied growth strategies that these players are opting for.

Some of the most renowned players in the market are:

• ARC International
• Avon Products
• Conair Corporation
• Inter Ikea Systems
• International Cookware
• Libbey, Lock & Lock
• Pacific Market International
• SEB
• The Oneida Group
• Tupperware Brands Corporation
• Zepter International

Product development holds key to growth. Other strategies that the players resort to include focusing on better design and material, investing efforts towards better marketing, and entering into strategic partnerships. The market has seen bigger players collaborate with regional and local players in order to have a stronger footing.

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Global Homeware Market:  Key Trends and Drivers

Over the assessment period of the upcoming report prepared by Transparency market Research on global homeware market, a slew of trends and drivers will be noted. These will contribute immensely to growth of market. A number of other factors would also support this growth. A glimpse into identified propellants is provided below:

• Elegant home spaces are a significant factor marking the world. And, it is not just limited to owned homes. Even among tenants, demand for elegant and aesthetic furniture, crockery, and accessories is quite high. One of the reasons behind this is improvement in taste and the fact that the new-age consumer is greatly driven by need to satisfy aesthetic appeal. This will drive the market on an upward growth trajectory over the forecast period.
• Increase in disposable income is allowing the modern consumer to decorate his home – owned or rented – in a tasteful manner. The option to rent such furniture and accessories is also paving way for growth in the market. Additionally, the growing trend of creating and maintaining instagrammable homes is also leading to people opting for exquisite refined choices being opted for. This is set to contribute immensely to global homeware market.

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Global Homeware Market:  Regional Analysis

High spending on homeware is noted in North America and Europe. This allows them to lay claim to a large share of the market. Currently, these two regional markets are witnessing high demand for exotic looking and non-harmful products. Players here are highly focused on working out effective marketing strategies, and strengthening retail as distribution channel. It is significant to note here that in Europe, as better homes and more home owners emerge, demand for homeware would grow substantially. It is also worth noting here that there is another market which will pave way to impressive growth opportunities. This is anticipated to be Asia Pacific which will see increase in demand for premium products due to increase in income.

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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Earphone and Headphone Market: High-growth Regions to Expand Geographic Footprint 2020-2027

The period from 2019 to 2027 will witness stellar compound annual growth rate of global earphone and headphone market. This will not only translate into a higher market worth but also into a number of gainful growth opportunities. Players are expected to clamor in order to tap into these. Besides, it is quite significant to note here that varied strategies are being deployed by market players to achieve this goal.

Additionally, interplay of numerous trends and drivers are playing a positive role in keeping the global earphone and headphone market. Top ones are technological advancement, focus on better design, and increase in disposable income. More people in the world are now fitness oriented and that demands devices which van work in rainy and dusty environmental conditions.

Global Earphone and Headphone Market: Competitive Landscape

Fragmented vendor landscape of global earphone and headphone market is undergoing significant changes owing to some very proactive measures taken by players in order to lay claim to a larger share of the market. These include merging with players, with whom similar interests lie, entering into partnerships based on mutual synergies, and acquiring smaller promising players in new regions. These measures also help in ensuring growth in the global earphone and headphone market overall.

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The global earphone and headphone market has a number of prominent players operating in its landscape. Some of the top names include the following:

• Apple Inc.
• Bose Corporation
• Harman International Industries, Incorporated
• Sony Corporation
• Sennheiser Electronics GmbH & Co. KG
• GN Store Nord A/S
• Skullcandy

Global Earphone and Headphone Market:  Key Trends and Drivers

Transparency Market Research has identified a host of growth factors, keeping the global earphones and headphone market buoyant. It has detailed these out in a comprehensive manner. These are basically a string of trends and drivers that are impacting the market landscape positively. Prominent ones are provided below:

• Protection from environmental factors such as dust and rain is required in certain industries. Besides, where noise pollution is high, cancellation devices are required. This is driving up demand for earphones and headphones. These are also used in high-end products where background noise is cancelled. Technology such as near field communication is a major booster of growth here.
• Increase in disposable income is creating demand for better and technologically advanced products in the market. And, that is leading players to focus on innovation and ergonomic designing. This, in turn, is leading to higher growth in the market, propelling it on a higher and steadier growth trajectory over the forecast period.

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Global Earphone and Headphone Market:  Regional Analysis

Over the last few years, the Asia Pacific (APAC) region has held a sizeable share of the market and the trend is set to continue into the stated forecast period. The growing penetration of smart phones is a major factor leading to growth in demand. Internet is also making in-roads into some of the very difficult to access regions of the world. Besides, an increase in disposable incomes is also marking the market landscape, allowing people to opt for better earphones and headphones. India is one of the most lucrative markets in the region owing to robust economic growth. It is also quite pertinent to note here that North America is set to be another lucrative market over the forecast period.

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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