E-Scrap Recycling Market Trend | COVID – 19 Outbreak, Growth and Forecast to 2027

Transparency Market Research delivers key insights on the global e-scrap (electronic scrap) recycling market. In terms of revenue, the global e-scrap recycling market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global e-scrap recycling market report.

In this market report, TMR predicts that, the increased use of electronic products such as laptops, computers, mobile phones, television sets, and other electrical and electronic household appliances is anticipated to drive the e-scrap recycling market. Additionally, the recycling of e-scrap for the recovery of various metals is important from the point of saving energy. Moreover, the recycling of e-scrap would also help in reducing the burden on mining ores for primary metals.

This, in turn, is anticipated to boost the electronic scrap recycling market. However, the high initial investment associated with the collection and recycling process of e-scrap recycling is anticipated to restrain the growth of the global electronic scrap recycling market. The need for advanced technology and additional cost for the maintenance of e-scrap recycling devices is also a concern raised by manufacturers, which is considered to be a drawback for the industry. This also restrains the growth of the global e-scrap recycling market.

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Most e-waste is expected to be generated in urban areas, and it is particularly important to properly manage this e-waste properly, improve collection and recycling rates, and reduce the amount of e-waste that ends up in dumpsites. The move toward smart cities and the use of information & communication technology for waste management offers new and exciting opportunities. In addition, the untapped areas of the Middle East & Africa and South America also provide opportunities for new players to enter the electronic scrap recycling business.

Valuable materials have become a major source of income for buyers. This has resulted in the tracking of trans-boundary movement of e-scrap. The rising demand for smart consumer electronic devices is another key trend in the growth of the e-scrap recycling market. Electronic and electrical equipment with advanced technology have limited service life. This has simultaneously increased the supply of electronic and electrical equipment, resulting in growth of the e-scrap recycling market. Rise in the awareness among electric and electronic product users about environmental issues faced by landfills is expected to drive the e-scrap recycling market in the coming years.

Avoiding the usage of landfills minimizes their propensity to cause health and environmental hazards. E-scrap contains a substantial amount of toxic and non-biodegradable substances such as lead, mercury, cadmium, arsenic, and antimony. It also contains precious metal such as gold, silver, palladium, tantalum, and gallium. This has resulted in recovering or the reuse of precious metals, thereby resulting in overall growth of the electronic scrap recycling market.

E-Scrap Recycling Market: Key Segments

According to the report, large white goods such as refrigerators & freezers, washing machines, and dishwashers dominated the electronic scrap recycling market in 2018. The increasing use of refrigerators and freezers, washing machines, dishwashers, and many other consumer electronic goods has resulted in increased recycling of large white goods. Moreover, stringent regulatory framework regarding the recycling of electronic waste across the globe has resulted in the growth in the recycling of large white goods. Large white goods are closely followed by small household appliances such as toasters, coffee makers, and hair dryers, owing to their increased usage around the world. IT products such as computers and laptops, telephones, and mobile phones, as well as printers and scanners, have also acquired a substantial market share in e-scrap recycling.

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In terms of processed material, metals is a dominant segment, and the segment is anticipated to expand during the forecast period, owing to the rising demand for metals in the overall electric and electronic products manufacturing sector. Plastic, on the other hand, is gradually gaining market share, owing to its extensive application in consumer electronic products. A wide range of plastic resins such as acrylonitrile butadiene styrene (ABS), high impact polystyrene (HIPS), and expanded polystyrene (EPS) is widely used in various consumer electronic products. Plastic recycling is anticipated to increase considerably in the next couple of years due to its increasing usage.

E-Scrap Recycling Market: Prominent Regions

Europe dominated the global e-scrap recycling market, followed by Asia Pacific. The dominance of Asia Pacific can be attributed to the presence of a strong scrap recycling and electronic and electrical product industry. China and India are the major recyclers of electric and electronic products, thus driving the Asia Pacific electronic scrap recycling market. Key e-scrap recycling players such as JX Nippon Mining and Metal Corporation, DOWA Holdings Co., Ltd., Enviro-Hub Holdings Ltd., Ecoreco Ltd. and Sims Metal Management are present in the region.

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E-Invoicing Market Analysis, Forecast, Industry Analysis and Forecast 2020-2026

Electronic invoicing which is also known as e-Invoicing is the interchange of the invoice document between the supplier and the buyer in an integrated automated format. Conventionally, invoicing, was like a kind of heavily paper-based procedure, which is manually exhaustive and it is also prone to human error causing in increased cost and processing lifecycle for the companies. The growth of e-invoicing market is highly reliant on the growth of overall adoption of paperless invoicing model globally.

For purpose of in depth analysis, the e-invoicing market has been segmented on the basis of channels, end users and geography. Based on the used channel type, the market has been segmented into three types they are like B2B, B2G and G2B. Different end users of e invoicing include the consumer and business & government. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as  Europe, North America, Asia Pacific, Middle East and Africa and Latin America.

Continuously growing need to automate the invoicing procedure and to reduce the overall operational cost is a major growth driver for the e-invoicing market. Emergence of the public and private cloud computing is also acting as a key driving factor for the e-invoicing market. Therefore, the growing need of faster payment and processing cycle and enhanced account reconciliation are the main factor anticipated to catalyse the growing demand of e invoicing during the forecast period from 2017 to 2025. In addition, improved cash management, better dispute handling and alternative finance option is also anticipated to increase the demand of e invoicing in the upcoming years. In turn this is also projected to affect the e-invoicing market in a positive manner during the forecast period.

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In spite of many driving factors, the e-invoicing market is expected to show a shrink and fluctuation in growth rate because of the complexity involved in the electronic purchasing procedure. Security issues involved with the uploading of invoices in a secured server and presence of offline customers who does not have any existing email id or who does not have any internet access are acting as restraining factors for the global e-invoicing market. The growing demand for improved dispute handling and better supplier relationship is going to create significant opportunity for e invoicing in coming years. Apart from that improved compliance and enhanced IT system optimisation is also acting as an opportunity factor for the e-invoicing market in the forecast period from 2017-2025.

By type of end user, the business & government type held the largest market share because of availability of electronic tax compliances and original invoices in the dedicated secured government servers. However, the consumer segment is projected to achieve steady growth during the forecast period. Availability of dynamic discounting and trade finance is driving the market for various end user segments.

Geographically, the global e-invoicing market is mainly driven by North America region. Growing volume of e invoices along with the higher adoption of electronic transaction between the trading partners is driving the market of North America region. Rapidly growing demand of e invoicing in B2B segment is predicted to fasten the demand of e invoicing in the U.S., thereby expected to drive the e-invoicing market rapidly. Europe and Latin America is expected to grow significantly in the market during the forecast period because of the higher adoption of e invoicing in government sector.

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Some of the leading players operating in the e-invoicing market includes Ariba Inc. (The U.S.),IBM (The U.S.), Nipendo (The U.S.), ReadSoft (The U.S.), Taulia (The U.S.), TradeShift (The U.S.), Transcepta LLC (The U.S.),Cegedim (France), Comarch (Poland) among others.

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Automated Storage and Retrieval System (ASRS) Market Share 2020- COVID-19 Analysis, Growth, Forecast, Predicted to Accelerate by 2020-2027

Thanks to the emergence of the global automated storage and retrieval system (ASRS) market, the materials flow and control are improved by technologically evolving. ASRS is controllable system that uses load recovery to automatic positioning of goods from predetermined storage locations. Automated storage and retrieval systems (ASRS) is used by a wide range of industries, including chemicals, automotive, food and beverages, e-commerce, and others. Automated storage and retrieval systems minimize labor costs while enhancing the efficiency and productivity.

Global Automated Storage and Retrieval System (ASRS) Market: Notable Developments 

The global ASRS market is growing at a rapid rate, and is boosted by the swift advances in technology. Here are some notable developments that could impact the global automated storage and retrieval system market in the coming years:

• Smart Material Handling System

The launch of a AS-30 Sliding Shoe Sorter was announced in November 2015 by Wynrights, a subsidiary of the Daifuku North America Holding Company and a leading U.S. provider of smart material handling systems. The introduction of such innovative products is expected to boost the automated storage and retrieval system (ASRS) market.

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• Knapp AG Expansion Plans

Knapp AG has been expanding its North American headquarters in Georgia in June 2017. In June 2017 the Knapp AG has been announced. This growth is reported to increase to 150 US staff and hosts technology shows, showrooms and training facilities in the company. Expansions of such prominent players are expected to benefit the global ASRS market extensively.

• Daifuku Partnership with Fast Retailing

Daifuku and Fast Retailing signed a Strategic Partnership Agreement in October 2018. These two companies will contribute to a long-term business development for both companies, as well as a stable logistical function. This partnership will involve them. Fast Retailing and Daifuku will make use of their knowledge and experience for logistics reform and enhancement. Daifuku is a prominent vendors operating in the global automated storage and retrieval system (ASRS) market, and is likely to remain a dominant name in the coming years.

Key players in the global automated storage and retrieval systems market include Dematic, Murata Machinery, Daifuku, Beumer Group, System Logistics Corporation, and KNAPP AG.

Global Automated Storage and Retrieval System (ASRS) Market Dynamics

In terms of volume and variety, demand for consumer products has grown. This rise in demand increases the pressure on warehouses, without wastage and loss arising from handling and storage, to store and retrieve products. The ASRS device and the software allow the material flow control in every facility in real time so that it is the perfect solution for all warehouses and distribution centers.

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Given the trend in global e-commerce, demand for ASRS in the retail industry is expected to increase over the forecast period. Increased real estate costs around existing facilities inspire sectors to choose such systems, because ASRS offers additional benefits, such as optimum space usage and greater inventory control. This is one of the prominent drivers of the global automated storage and retrieval systems market across the globe.

The worldwide demand for consumer electronics is further driving the growth of the global automated storage and retrieval system (ASRS) market. Continuous innovation and advances in technology in consumer electronic products have boosted demand for this industry like artificial intelligence, IoT and virtual reality. This demand fuels the automated storage and retrieval systems market to a large extent.

Asia Pacific to Register High Potential in Global ASRS Market

It is estimated that the Asia Pacific ASRS market will have the highest growth in CAGR over the forecast period. The growth of the electronics trade industry is projected to trigger the growth of automated storage and retrieval systems in the region. Furthermore, Asian-Pacifist countries like China, Japan, Malaysia, South Korea, Indonesia, and Taiwan have seen increasing automation demand. Stronger regulation of employee safety and a need for greater accuracy and control of processes are the reason for this unprecedented demand in the regional ASRS market.

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Earthquake Early Warning System Market To 2030 –Global Market Size, Development Status, Top Manufacturers, And Forecasts

Transparency Market Research delivers key insights on the global earthquake early warning system market. In terms of revenue, the global earthquake early warning system market is estimated to expand at a CAGR of ~6% during the forecast period of 2020-2030, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global earthquake early warning system market.

The global earthquake early warning system market is broadly affected by several factors that includes convergence of digital devices and technologies with traditional business processes, and increasing frequency of natural disasters around the globe, which is gradually enhancing the demand for earthquake early warning systems, in turn accelerating the growth of the earthquake early warning system market across the world. The report analyzes the global earthquake early warning system market and provides estimates in terms of revenue (US$ Mn) from 2018 to 2030.

Earthquake Early Warning System Market: Market Dynamics

The number of natural disasters has increased over the past 20 years. Imbalance in the environmental cycle and rising global warming have increased seismic activity related natural disasters. Earthquakes are a common and major disaster, which results in huge economic as well as life loss. It also hampers civil and industrial activity & productivity as well as affects the people in the area where the earthquake has occurred. Earthquake-related disasters pose both direct influences (damage to infrastructure and buildings, and loss of life and property) and indirect influences (losses in livelihoods and productivity, increased investment risk, indebtedness and ground shaking, surface faulting, ground failure, and less commonly, and tsunamis).

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According to the United Nations, in the year 2018 alone, approximately 60 million people was affected by extreme weather events round the world, thousands of lives were lost due to earthquakes, volcanic activities and tsunamis, and millions of people were evacuated due to drought, earthquakes, and storms. Such high volume loss has led to the rise in demand and need for earthquake early warning systems, which have the ability to suspect the threat of upcoming earthquakes, which could reduce direct as well as indirect loss.

The impact of this driver is likely to be high in short term and medium term, as losses, which have occurred in the past are high. Earthquake early warning systems are in high demand across the globe to reduce the risk of loss due to earthquakes. The impact is projected to be medium in the long term with the rise in number of installations of such systems.

Key Challenges Faced by Earthquake Early Warning System Market Players

Improper functioning of sensors in dust layering & sudden shock may restrain the growth of the earthquake early warning system market, as sensors play a crucial role in detecting the magnitude of P-waves of the earth crust. This can hamper the growth of the earthquake early warning system market.

Earthquake Early Warning System Market: Prominent Regions

The global earthquake early warning system market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is a developed region and hence, innovation and new technologies are projected to be trends witnessed in the region over the next few years. North America held a prominent share of the global earthquake early warning system market in 2019 and is expected to retain supremacy in the market, due to the presence of prominent players and government funding for deploying earthquake early warning systems to detect shaking from a large earthquake and rapidly determine the location and magnitude.

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The U.S. is estimated to hold a notable share of the earthquake early warning system market in North America, and the market in the country is projected to expand at a CAGR of 7.2% during the forecast period, as the U.S is one of the earthquake prone areas of North America. For the same reason, North America is expected to witness highest opportunity addition in the market globally, with Europe and Asia Pacific being the next closest regions.

The earthquake early warning system market in Europe is projected to witness favorable growth during the forecast period, due to increasing awareness of earthquake early warning systems by advancing their research, technology, infrastructure, and communications, so as to enhance the early warning systems with GNSS (Global Navigation Satellite Systems) to reduce risks from anticipated hazards. The market in Asia Pacific is expected to experience substantial growth during the forecast period. This is mainly due to the adoption of earthquake early warning systems in Japan, Singapore, China, India, Malaysia, Taiwan, etc.

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COVID-19 Impact On Pre-printed Liners Market Trends, Global Opportunity Analysis, Industry Growth, Forecasts To 2028

Transparency Market Research delivers key insights for the pre-printed liners market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2028. In terms of growth, the global pre-printed liners market is projected to witness growth of 3.3% by the end of 2028, owing to increasing scope of pre-printed liners in end-use industries such as food, beverages, healthcare, personal care & cosmetics, chemical & fertilizers, and electrical & electronics, among others.

The global packaging industry has evolved and provides customization for any company to survive the intense competition. Pre-printed liner usage ensures a cost-effective way for brand advertisement and creative an impact on the minds of customers. The pre-printed liner market is expected to grow, followed by the push of FMCG packaging industry growth, which currently is registering double-digit growth in several regions due to increasing consumption. Good quality print on packaging is desired by each brand owner to make an impact on their consumer-base and differentiating their product from that of the competitors. Pre-printed liners are one of the solutions, which enable manufacturing of high-quality printed packaging.

Consumer Inclination toward Rigid Packaging Solutions to Drive Market Growth

The major reason for the growth of pre-printed liners is the recognition that a visually appealing, communicating packaged product will influence consumer buying decisions at the “point of purchase”. This is reinforced by studies that indicate that nearly 80% of buying decisions are made at the “point of purchase”.

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The increasing demand for presentable packaging in different industries, especially from food & beverages, personal care & cosmetics, and healthcare is driving the global pre-printed liners market. Conventionally, consumers prefer rigid packaging solutions due to their barrier properties, stability, and reliability, which led to increased demand for pre-printed liners.

Wilful tampering with food and pharmaceutical products has resulted in special packaging features designed to reduce or eliminate the risk of tampering and adulteration. Although any package can be breached, tamper?evident features cannot easily be replaced. These include banding, special membranes, breakaway closures, and special printing on bottle liners or composite cans such as graphics or text that irreversibly change upon opening. Special printing also includes holograms that cannot be easily duplicated and this is driving the market for pre-printed liners globally.

Millennial Population Emphasizing Importance of Customized Packaging

Millennial are a generation, which guide trends and brands across end-use industries must prepare for millennial behaviors and attitudes regarding the way they consume and research before making purchase decisions. Millennials like to interact with brands that are open and maintain transparency by addressing environmental and socioeconomic issues. Brands not aligning to these values are likely to be quickly replaced, owing to the competition in the market.

Millennials are more likely to purchase a product, if it makes them feel special either through this personal connection or the idea of exclusivity. The idea of customized packaging includes features that expand consumer engagement with product and brand. This is likely to boost the demand for pre-printed liners in the years to come.

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Growing Demand from Retail & e-Commerce Businesses to Boost Demand for Pre-printed Liners Market

The increasing e-Commerce business, which majorly includes online shopping, has led to a rise in the demand for corrugated packaging for the shipment of products. As with the retail revolution, in an ever-changing environment, the packaging industry has constantly evolved to address the demand of the hour. With consumers switching to the e-Commerce channel, there is a shift in packaging needs as well.

Some key reasons that influence a consumer’s preference for in-store purchases include product safety, shopping experience, as well as shelf life (in case of perishable commodities)– issues that can be suitably addressed through “packaging”. Online adoption in certain categories, therefore, can be accelerated through innovative and suitable packaging, which addresses the specific needs of the channel. Corrugated packaging ensures the safety of the products, which are being transported. Furthermore, attractive packaging is becoming one of the crucial requirements in the e-Commerce business. Thus, the growth of the e-Commerce business results in a corresponding increase in the corrugated packaging business, which is expected to have a positive impact on the pre-printed liners market.

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Silo Bags Market 2020 Design Competition Strategies, Regional Trends and Opportunity Assessment by 2026

Transparency Market Research delivers key insights for the silo bags market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2026. In terms of growth, the global silo bags market is projected to witness growth of 6% by the end of 2026, owing to the benefit of storing grains for a long time, and providing protection against insects.

Packaging plays an important role for any product, as it is the first touch and visual point for customers. In addition to its role in marketing, packaging is vital for bulk shipping and protection. The silo bags market is driven by greater awareness about grain wastage during the process of cultivation. The population explosion in emerging economies is creating huge pressure on the overall production of crops. Silo bags can provide the necessary protection, allowing farmers to meet the increasing demand for crops. The relative cost-effectiveness of silo bags is poised to fuel demand in the silo bags market during the forecast period.

Preference for Convenience Packaging Boosts Silo Bags Market

A shift toward convenience packaging is assessed to be a prominent driver for the silo bags market. Modern farmers are discerning customers who need low cost, high performance, and flexible plastic sheets that can fit in a limited amount of space. This has led to innovative and creative solutions in the silo bags market. There is a strong demand for both smaller as well as medium-sized silo bags, as they improve the farmer’s ability to wait until there is a better time to process, handle, and deliver grains.

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With frequent technology upgrades, different types of machines such as rotary bagger machines are used to fill grains in silo bags. The machine has a grid at the end of the sealed bag that builds up a certain amount of pressure while filling up the bag. The other types of baggers are grinder hopper and bagger, truck bagger, and farm bagger hopper and auger.

Changing Demographics Impact Silo Bags Market

Demographics have an outsized influence on the global silos market and motivate the grain storage industry, culminating in the growth of the silo bags market. The emphasis of the silo bags market is to target small-scale farmers who typically cultivate crops in a paddock. Key stakeholders in the silo bags market are recommended to cater to the need of smaller farmers over their larger counterparts as a first priority. Silo bag manufacturers can work on products that serve smaller farmers and fulfill their requirements one of which is storage at the site of harvest, thereby substantially reducing the cost of transportation.

Increasing Preference for e-Commerce to Increase Sales of Silo Bags

In the last decade, penetration of silo bags market through Internet/e-Commerce retailing has gained momentum, as it is perceived to be very convenient and economical for buyers to make purchase. People across the globe can use the Internet as a medium to place their order of silo bags of various length and made of various different material type, along with all the accessories and proper guidance. Players of silo bags market such as UP North Plastics has started offering their products online to their customers, thus boosting the sales of silo bags.

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Silo Bags Market: Competition Landscape

The global silo bags market is highly fragmented in nature into which, a larger portion of market share is held by domestic market players. Some of the key players operating in the global silo bags market are RKW SE, Panama Group, RPC Group Plc, Ipesa – Rio Chico S.A, Grainpro Inc., Plastar S.A, Canadian Tarpaulin Manufacturer, Up North Plastics Inc., and Plastika Kritis S.A.

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Front-end Module Market | Size, Share, COVID – 19 Outbreak and Forecast to 2030

According to the report, the global front-end module market is projected to surpass US$ 100 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. The global front-end module market is estimated to shrink during 2020 due to COVID-19 and expand at a steady pace post 2021. Asia Pacific, Europe, and North America, accounted for a combined share of 96% of the global front-end module market in 2019.

Expansion of Front-end Module Market

Minimal down payments and attractive EMI offers have made vehicles increasingly affordable. This has fueled the demand for vehicles, leading to increase in their production, thus boosting the front-end module market. Lower labor rates and manufacturing cost in developing countries coupled with growing domestic demand are boosting the front-end module market. The automotive industry in Mexico, Brazil, and India is witnessing rapid expansion, which is projected to drive the global front-end module market.

A comprehensive auto-insurance, which covers own vehicle damage in addition to third-party liability, is gaining momentum globally. Accidental cover of own damage is boosting the replacement demand for front-end modules. Increasing replacement demand due to consumer awareness, growing affordability, and own damage cover due to comprehensive insurance policy are estimated to drive the front-end module market globally.

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Based on component, in terms of volume, forward lighting, radiator & cooling fan, bumpers, and fenders segments held key share of the global front-end module market. However, in terms of revenue, the radiator & cooling fan segment accounted for a notable market share, owing to the higher price of the single/dual cooling fan and radiator. The active grille shutter segment held a negligible share of the global front-end module market in 2019; however, it is projected to expand at a high growth rate during the forecast period, owing to rise in demand for fuel-efficient vehicles.

In terms of vehicle type, the passenger vehicle segment held a dominant share of the global front-end module market. Passenger vehicles contribute to higher production volume compared to commercial vehicles across all regions. Under the passenger vehicle segment, utility vehicles such as SUVs /MPVs are witnessing high consumer demand worldwide and contribute to demand for front-end modules.

Regional Analysis of Front-end Module Market

In terms of region, the global front-end module market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held a major share of the global front-end module market with China majorly contributing to the demand. The market in Asia Pacific is estimated to expand further, with India and ASEAN contributing to the demand. Asia Pacific is followed by Europe and North America, in terms of revenue, of the global front-end module market.

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Major Front-end Module Market Players

Prominent players operating in the global front-end module market include Magna International Inc., MAHLE GmbH, Faurecia SA, DENSO Corporation, Calsonic Kansei Corporation, HBPO Group, Plastic Omnium, Hyundai Mobis, Samvardhana Motherson Group, Valeo, Flex-N-Gate Corporation, RTP Company, and SL Corporation.

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