Railcar Leasing Market 2020 Global Size, Share, Industry Growth, Competitive Landscape and Outlook 2030

 

• Railcar is a train that consist of single coach including carriage and car and is designed to transport goods. A service that provides these railcars on lease or on rent basis is called railcar leasing. It offers diverse carriage and cars for full-service or lease. The lease also includes tax and insurance charges, as well as other financial structures.
• Railcar leasing service can be utilized for transportation including metals and mining, oil & gas products and other products. Transportation through railcar is increasing due to growing industrialization, which is likely to boost the railcar leasing market across the globe.

Key drivers of Railcar Leasing Market:

• Rise in demand for petrochemical and gases transportation through railcar is likely to propel the railcar leasing market across the globe. Perishable food products that are being transported through refrigerated containers would be lucrative for the railcar leasing market. Rise in demand for perishable goods including seafood and pharmaceutical products, which are stored in a temperature controlled containers, is anticipated to boost the railcar leasing market across the globe.

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• Intelligent railcars digitalize the railcar operations, which is connected across the entire supply chain, is likely to fuel the railcar leasing market across the globe. Integration of Internet of things (IoT) in railcars, which offers features such as digital assistance for loading and unloading and provides arrival notification, is estimated to boost the railcar leasing market across the globe. Enactment of stringent regulations regarding safety concerns about railcars, including DOT 117, across the globe is expected to propel the global railcar leasing market.

Asia Pacific and North America to hold prominent share of global railcar leasing market

• Asia Pacific is projected to hold a major share of the global railcar leasing market due to growing investments by governments for development of transportation infrastructure projects related to railways across the region. Rise in petrochemical transportation is a key factor that is likely to propel the railcar leasing market in Asia Pacific.
• Followed by Asia Pacific, North America is projected to hold a significant share of the global railcar leasing market due to an increase in rail freight supply chains across North America. Expansion of railway network across North America is anticipated to further drive the railcar leasing market in the region. Key players are entering into partnerships with railcar manufacturers to manage lease and outsource fleets across North America, which in turn is likely to fuel the railcar leasing market in the region.

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Key Players Operating in Global Railcar Leasing Market

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

• American Railcar Industries Inc.
•  Brunswick Rail Management Ltd.
•  CIT Group Inc.
•  GATX Corporation
•  Mitsui Rail Capital
•  The Greenbrier Companies
•  Trinity Industries Inc.
•  UNION TANK CAR COMPANY
•  VTG AG

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Micro-mobility Market: Key Strategies to Use to Dominate Globally 2020-2027

 

• Micro-mobility is a mode of transportation that use very light vehicles, including electric scooters, shared bicycles, pedelec, electric skateboard, bicycles, etc. Gross weight of vehicles under this category is less than 500 kg.
• Micro-mobility vehicles are used for short duration travel, mainly for first or last mile of a journey. Miniaturization of transport modes for shorter journeys considered under micro-mobility. Requirement of motor, availability for shared services, and usage as primary utility are some additional conditions for micro-mobility.

Key Drivers of Global Micro-mobility Market

• Nearly 60% of car trips across the world are less than 8 kilometers and offer growth opportunities for the micro-mobility market
• Compact, lightweight, less payload capacity, electric or human-powered powertrain, and limited number of passengers are some of the important features of micro-mobility vehicles. These are expected to be key factors driving the global micro-mobility market during the forecast period.
• Investments in micro-mobility mode of transportation by several key players and governments across the globe likely to augment the micro-mobility market growth. For instance, private and public stakeholders in China have invested more than US$ 5 Bn since 2015 in micro-mobility start-ups.
• Rapidly growing demand for shared mobility solutions, including ridesharing, e-hailing, and car sharing in urban areas is likely to fuel the micro-mobility market growth
• Exponential growth in micro-mobility solutions can be attributed to continuous increase in urban population since the past decade. With major expansion of urban centers, around 65% of people are projected to live in cities by 2040.

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• Most key players in the global micro-mobility market are start-ups funded by private or public investments. With increasing investments from several sectors, companies operating in the micro-mobility market are concentrated on expansion of their product portfolios and enhancement of distribution networks. Mergers and acquisition of micro-mobility start-ups by key players in shared mobility transportation and on-demand transportation are likely to drive the micro-mobility market.

Battery Electric Vehicle Segment to Offer Attractive Opportunities

• Vehicle emission contributes majorly to the rising levels in global warming gases, including CO2, NOx, and several others
• Deterioration of environment is a major concern across the globe especially. The European Union has mandated several norms and regulations on vehicles and transportation to reduce vehicle emissions.
• Electric vehicles, also termed as zero-emission vehicles, help in reducing vehicle emission. Hence, the demand for battery electric vehicles for micro-mobility is growing at a rapid pace.

Privacy and Stringent Government Norms to Hamper Market

• Sharing a ride is a primary application of micro-mobility that results in loss of privacy of passengers traveling. Hence, a large number of costumer do not prefer ride sharing.
• Several countries across the globe, including Japan and Germany have banned ride-sharing services, owing to heavy protest from local taxi service operators

Asia Pacific Micro-mobility Market to Expand Rapidly

• Asia Pacific is the most populous region. The urban population across Asia Pacific is increasing consistently, which can be attributed to employment opportunities and increased standards of living in urban areas.

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• Asia Pacific accounted for a significant share of the global micro-mobility market in 2018. This market in the region is projected to grow at a high pace, as the region comprises rapidly developing economies, such as China and India. The market in Asia Pacific is primarily driven by China, where the rate of adoption of micro-mobility services is increasing, owing to legality of ride-sharing services, surge in fuel prices, increased vehicular emission, and presence of leading players providing on-demand transportation services, including Didi. This, in turn, is driving the micro-mobility market in the country.

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N99 Face Mask Market: Leading Segments and their Growth Drivers 2020-2027

 

• A N99 face mask is a basic type of mask that protects users from 99% of airborne particulates (PM 2.5) present in the air. It also helps users to avoid the hazards of toxic air pollution.
• N99 face mask has high filtrate techniques to avoid micro particles that are spread in the form of fungi, pollens, and dust. N99 face masks are found to be highly efficient with sophisticated and advance filtrate technologies such as activated charcoal.
• Users are becoming aware about the diseases and allergies caused by air pollutants due to the campaigns initiated by governments. Severe problems such as cardiovascular or respiratory diseases have led to people opting for N99 face masks.
• The decrease in air quality due to rise in urbanization and industrialization have led to increase in air pollution; this is likely to drive the growth of the N99 face mask market during the forecast period. 

Increasing Per Capita Expenditure on Health Safety Products

Nowadays, users are concerned about health safety and are inclined toward using healthy alternatives and pollution preventive products such as masks. Rapid growth in air toxicity by degradation of air quality has enhanced the use of N99 face masks. These masks are bought by end-users as a basic safety aid to avoid air pollutants. All these factors drive the N99 face mask market globally. 

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Rising Awareness Regarding Respiratory Diseases

• Users are becoming aware about diseases and allergies cause by air pollutants. Increase in the number of premature deaths, pollen allergies, and various diseases caused by air pollution has popularized the usage of N99 face masks. 

Asia Pacific a Potential Market for N99 Face Masks 

• The global N99 face mask 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 N99 face mask market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the N99 face mask market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The N99 face mask market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific is expected to remain a potential market for N99 face masks owing to rapid growth in demand for anti-pollution face masks across the region. 

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Key Players Operating in the N99 Face Mask Market

The global N99 face mask market is moderately fragmented in nature due to presence of global and regional players. Major players across the globe are focused on offering face masks with advanced filtration techniques to meet the requirements of end-users.

A few of the key players operating in the global N99 face mask market are:

• Advind Healthcare
• Crusaders Technologies India Pvt. Ltd.
• Honeywell International Inc.
• idMASK Co., Ltd,
• Innonix Technologies Limited
• Mankastu Impex Pvt. Ltd.
• Ohlone Press LLC
• Onroad Co.
• Prana Air

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Luxury Eyewear Market: High-growth Regions to Expand Geographic Footprint 2020-2027

The demand within the global luxury eyewear market is rising on account of several key developments in the fashion industry. The use of luxury eyewear amongst youngsters has increased over the past decade. Extensive marketing and promotions have played an integral role in driving sales across the luxury eyewear market. Changing inclinations of the masses, especially in terms of their fashion preferences, has played a vital role in market growth. The market vendors are constantly designing new models to attract the attention of the end-users. The revenue index of the global luxury eyewear market is slated to improve in the years to follow.

A report added by Transparency Market Research (TMR) sheds value on some of the leading drivers of market demand. The global luxury eyewear market can be segmented on the basis of type, end-user, and region. The unprecedented demand for sunglasses amongst youngsters has become a vital prospect of market growth.

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Global Luxury Eyewear Market: Notable Developments

The growth of the luxury eyewear market goes hand in hand with advancements in the clothing and apparel sector.

• The Swiss watchmaker, Omega has ventured into the manufacturing of sunglasses in 2016. The company disrupted the market with its innovative and distinct designs. The company is now looking to develop a new line of sunglasses and optical wear to expand its consumer base. The company intends to sell its product through independent retailers and its brand boutiques. Innovation has become the watchword of the global luxury eyewear.
• A recent agreement between Lanvin and Marchon has sent ripples across the go all luxury eyewear market. The agreement entails the sale of luxury and optical eyewear under Lanvin’s brand name. The two entities are expected to earn voluminous revenues through the new venture. Such collaborations are a sign of integrity and stability across the global luxury eyewear market.

Some of the leading players in the global luxury eyewear market are:

• Prada
• Dior
• Rayban
• Armani

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Global Luxury Eyewear Market: Growth Drivers

Availability of Latest Designs

The availability of the latest designs of eyewear promoted via entertainment channels such as movies and TV series has played a key role in market growth. The presence of a stellar range of options for the consumers shall given an impetus to the growth of the global market. The next decade could be a game changer for the global luxury eyewear market. TV shows and movies have become the primary mode of promotion for sunglasses. Celebrities are quick to set trends with regard to the adoption of sunglasses. This factor, coupled with the availability of polarised pairs of spectacles, has aided market growth.

Use of Social Media Marketing

Fashion accessories are extensively promoted via social media channels. The use of targeted marketing strategies has played to the advantage of the vendors operating in the global luxury eyewear market. Fashion influencers have tied up with major brands for luxury eyewear to promote new products. Owing to the aforementioned factors, the global outreach of the luxury eyewear market is projected to expand. As the trend of wearing sunglasses gathers momentum, the market vendors are earning the advantage of quick adoption of new models. The players have become more customised in their approach to marketing and sales.

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Outdoor TV Market: Factors Helping to Maintain Strong Position Globally 2020-2026

Outdoor TVs are costlier or sold at a premium price than the regular TVs installed inside the house or office. This is because outdoor TVs are to be operated in bright sunlight and need to withstand various elements such as rain, snow, and extreme cold and hot temperatures. A portable projector with an outdoor screen, or regular HDTV in combination with an outdoor TV cover are the primary alternatives for outdoor TV. Outdoor TVs are installed in backyards, gazebos, swimming pools, outdoor gardens, entrance of a commercial building and so on. There are few points which need to be considered while installing an outdoor TV. Outdoor TV should be covered with an IP rated enclosure to withstand heat, dirt, dust, and theft. It should be covered under a shade and the cables connected to the TV should be short in terms of length for better performance.

The outdoor TV market is expected to expand at a decent growth rate during the forecast period. Demand for outdoor TV is anticipated to increase due to rising urban population and increasing number of middle class population in developing countries. Furthermore, people tend to buy stylish and new products due to various factors such as increased disposable income of households and individuals and improved lifestyle in developing countries, and. These factors have forced companies to manufacture a variety of products in outdoor TV.

Surging demand for efficient products and growing industrialization followed by modernization and urbanization creates an opportunity for manufacturers to develop new products and sell them in the market. Various factors such as consumer preference toward outdoor TV as an entertainment option, unexplored markets in emerging economies, improved lifestyle, and increasing investments in the industry creates opportunities for the outdoor TV market. High capital expenditure, cost of the product, and products getting obsolete due to technological advancement over a period of time might act as restraints to the growth of the outdoor TV market.

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The outdoor TV market is segmented based on product type, application, distribution channel, and region. Based on product type, the outdoor TV market is segmented into less than 32 inch size, 40 inch size, 42 inch size, 46 inch size, 47 inch size, 50 inch size, 55 inch size, 60 inch size, 65 inch size & more than 70 inch size. In terms of application, the market is segmented into commercial, residential, and others. The outdoor TV market is segmented on the basis of distribution channel into offline and online. Offline distribution channel is further sub segmented into retailers, specialty store, hypermarkets, and supermarkets.

The outdoor TV market is classified into South America, Asia Pacific, Europe, North America, and Middle East & Africa based on region. The outdoor TV market in North America is segmented into Canada, the U.S., and Rest of North America. Europe region is sub segmented into the U.K., France, Germany, and Rest of Europe. Asia Pacific region is again sub segmented into India, China, Japan, and Rest of Asia Pacific. Middle East & Africa region is divided into GCC, South Africa, and Rest of Middle East & Africa. South America is sub segmented into Brazil and Rest of South America.

Some of the key players in the outdoor TV market include SunBriteTV, MirageVision, Platinum, Cinios, SkyVue, Oolaa, AquaLite TV, Peerless-AV, Luxurite, Shenzhen WTV Technology, The TV Shield, Dish, Cinios, and Seura. Manufacturers focus on launch of quality, efficient, and technologically advanced products to maintain their customer base. Key players in the outdoor TV market focus on innovation and expansions to remain in the competition. Furthermore, manufacturers undertake promotional activities which includes exciting offers, new product launch, and discounted prices to endorse the products.

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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.

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Airsoft Guns Market: Consumption, Sales, Production, and Other Forecasts 2020-2027

 

• Airsoft guns are imitation of original firearm manufactured to discharge non-metallic projectiles. These guns discharge projectiles either using electric motor, spring force, or gas tank.
• These guns are non-lethal and used for sports and recreational activities. With the increase use of airsoft guns, various countries have laid down standards and regulations for use of airsoft guns.  

Increase in adventure sports to drive the Global Airsoft Guns Market

• Airsoft guns have become increasingly popular in recent years due to their various features and advantages such as real shooting simulation, low weight as compared to metallic guns, etc.
• Increase in the number of sports organizations that promote airsoft shooting in various developed countries such as the U.S., the U.K., Germany, etc., have driven the global airsoft guns market.
• These organizations and groups conduct several events to attract and make aware people about airsoft guns. Moreover, growth in adventurous activities and real shooting simulation is driving consumers to procure airsoft guns. This is expected to drive the global market during the forecast period.
• Change in lifestyle and increase in disposable income are other factors, which are fueling the demand for airsoft guns. Majority of the population across developed countries prefer to spend their leisure time in adventurous sports activities

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North America to Hold a Leading Share of Global Airsoft Guns Market

• Geographically, the global Airsoft Guns 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 Airsoft Guns 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 Airsoft Guns market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America Airsoft Guns market is segmented into Brazil, and Rest of South America.
• North America dominates the market share due to growing consumer preference for adventure activities and increase in disposable income in the region.
• However, Asia Pacific is anticipated to grow at a fastest CAGR growth rate during the forecast period.

Key Players Operating in the Airsoft Guns Market:

The Airsoft Guns market is competitive with several global and regional players. Major players are adopting various strategies, such as regional expansion and product portfolio expansion to enhance their position in the market.

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Companies are focusing on increasing the product appearance by replication original gun models. Companies are expanding their business across different region to cater to the demand of consumers. The company focuses on emerging markets to expand its customer base. A few of the key players operating in the global Airsoft Guns market are:

• BEAUTY & THE BEES
• A&K Airsoft
• APS Conception
• Ballistic Breakthru Gunnery Corporation
• Classic Army
• Crosman Corporation
• G&G ARMAMENT TAIWAN LTD.
• KRISS USA, INC.

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Horse Riding Equipment Market: Verified Value and Volume Forecasts up to 2026

Horse riding has become a leisure activity for consumers. The sport has evolved from traditional horse riding, and is now supported by modified and modernized equipment. In horse riding, equipment is selected based on the safety of the rider and for protection against accidents. Horse riding equipment includes body protectors, riding helmets, and other riding equipment. All horse riding equipment such as riding helmets are required to be designed and approved according to European Safety Regulations; Regulation EN1384 issues safety insights.

People of all ages are indulging in horse riding as an activity with health benefits, and horse riding is increasingly being viewed as a sport. This in turn is expected to influence the market growth for horse riding equipment over the forecast period. Furthermore, rising investment of people in leisure sport activities is projected to spur the market growth for horse riding equipment in the coming years. Rising number of horse riding training institutes such as riding schools, riding yards, welfare charities and services, is leading to the growth of the horse riding equipment market.

With a rising number of both men and women taking part in this activity, extra safety regulations related to the equipment used for this sport have been issued. Saddles, head gear, bits, breeches, reflective horse wear, horse rugs, and protection boots and wraps are horse riding equipment used in this sport. The trend of wearing riding jackets during horse riding especially among children and new riders is increasing to protect them from injury to the ribs and spine. Riding jackets are also approved by European regulations (Regulation EN13158). This is resulting in the market growth of horse riding equipment. However, safety concerns about injuries caused during this sport are to some extent restraining the growth of the horse riding equipment market.

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The global horse riding equipment market can be segmented based on equipment type, product type, gender, distribution channel, and region. In terms of equipment type, the market can be classified into equine equipment and rider equipment. On the basis of product type, the market is classified as helmets, vests, stirrups, saddle, halters, bridles, and others such as hackamores, headgear, etc. The gender segment can be divided into men and women. The distribution channel segment can be segmented as online and offline. The offline segment can be further sub-segmented into specialty stores, sports goods shops, supermarkets, and hypermarkets. Based on region, the global horse riding equipment market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Some of the key players operating in the global horse riding equipment market include Colonial Saddlery, Dainese, Ariat International, Georg Kieffer Sattlerwarenfabrik GmbH, Decathlon, Cavallo GmbH, Antares Sellier, Fabtron Inc, Mountain Horse, and HKM Sports Equipment. Various technological advancements in terms of safety of horse riding equipment products are enabling major players in the industry to upgrade their product portfolio to meet the regulatory requirements.

Furthermore, players in North America and Europe such as Dainese and Ariat International, which are widely popular brands, are working continuously to maintain their position and brand value in the market for horse riding equipment. Europe is projected to hold the major share in terms of revenue in the horse riding equipment market. Various strategic initiatives by associations such as The British Horse Industry Confederation is promoting this sport in the region which is further expected to fuel the market growth over the forecast period. Additionally, the market in Asia Pacific is expected to witness considerable growth rate, due to a rise in awareness about the health benefits of the sport in the region, ultimately promoting the horse riding equipment market.

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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.

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