Industrial Gear Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

Transparency Market Research delivers key insights on the global industrial gear market. In terms of revenue, the global industrial gear 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 its report on the global industrial gear market.

The global industrial gear market is affected by several factors. Industrial gear finds application in a wide range of heavy industries and manufacturing industries due to its capability of reducing mechanical work in various processes and operations. Vast population and the incremented income at the global level have encouraged several industries to extend their facilities to meet the demands of consumers. These industries include textile, oil & gas, pulp & paper, and food & beverages. These are the key factors driving the industrial gear market growth.

Industrial Gear Market: Dynamics

Investments in discrete manufacturing sectors such as packaging, plastics, automotive, and material handling are expected to create sales opportunities for industrial gear. The manufacturing of mass-produced automobiles and processing of food, pharm, biotech, etc. typically relies on conveyors and equipment to bring the parts and assemblies to a location where robots or workers are tasked with a specific function. These electric motors are often connected directly to gearboxes with the help of gear as these are used for driving conveyors, lifts, robot arms, etc.

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Machines used in the packaging industry must deliver high performance in often demanding environments. High speed and accurate and repeatable movements are necessary in environments where temperature, pressure, and loads can place a strain on electromechanical components, including packaging gear. This showcases an opportunity for the growth of the industrial gear market.

Industrial Gear Market: Prominent Regions

Asia Pacific dominates the global industrial gear market with China in the dominating position despite the market slowdown. The U.K is an attractive industrial gear market in Europe, while Germany is the largest market. In South America, Mexico is opening doors for new opportunities. The industrial gear market in Middle East & Africa is likely to grow at a moderate rate due to various global events lined up in the upcoming years. The industrial gear market will be driven by increasing automotive production coupled with large scale EPC projects in all geographies.

Asia Pacific is the biggest and fastest growing markets for industrial gear. Asia Pacific being a mix of developed and developing countries is projected to provide better opportunities for market growth during the forecast period. Economic growth and high demand for industrial gear from small and medium scale manufacturers are driving the market growth.

Germany accounted for the largest industrial gear market in Europe. Germany is set to maintain its dominance during the forecast period. Large number of industrial gear manufacturers are present in this region, which is one of the key market driving factors.

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Industrial Gear Market: Key Players

Key players operating in the global industrial gear market are ABB Ltd, Siemens AG, Martin Sprocket & Gear, Inc., Hota Industrial Manufacturing Co., Ltd., OKUBO GEAR Co., Ltd., Bharat Gears Ltd., Elecon Engineering Company Limited, Precipart Corporation, Kohara Gear Industry Co., Ltd., Aero Gear Incorporated, Shanthi Gears Limited, Ashoka Machine Tools Corporation, Cleveland Gear Company Inc., Meritech Group, and Bevel Gears India Pvt. Ltd.

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Construction Tape Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

Transparency Market Research delivers key insights for the construction tape market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020–2028. In terms of revenue, the global construction tape market is projected to grow at a CAGR of 4% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the construction tape market report.

Construction tapes are high quality adhesive tapes that possess high sealing strength, predominantly used in the construction industry for numerous applications such as masking, sealing, bundling, fixing, framing, etc. Construction tapes have brought about a significant change in the way construction activities such as paint masking, insulations, sealing, and others are done and projected to witness significant traction in the foreseeable future. The TMR team segmented the analysis of construction tape market based on product type, distribution channel, and application. As per TMR analysis, based on product type, masking construction tape segment in the global construction tape market is expected to account for hefty market share and to further lead to the overall construction tape market during the forecast period.

Product Level Innovation in Adhesive Industry Escalate Market Growth

The global construction tape market is driven by innovation in product design and manufacturer’s convenience is being kept at the epicenter. Manufacturers of construction tapes across the continents are emphasizing on the incorporation of innovative features such as excellent conformability and tear properties for irregular paint surfaces, water and moisture resistance, etc. This can be exemplified by 3M Company’s masking and duct tapes, especially designed for the building & construction industry for heavy and non-heavy duty applications. These tapes offer conformability on irregular surfaces and around corners, tight moisture resistant sealing, strong water-resistance, and others.

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Similarly, the tesa SE Group, another prominent adhesive tape manufacturer, designs, and manufactures PVC masking tapes and aluminum tapes for building & construction industry applications. These tapes come up with features such as weather, water, thermal and UV resistance, hand tearable, and suitable for both, indoor and outdoor applications. The demand for such end-use industry application oriented adhesive tapes is gaining significant traction in the market, owing to its innovative features and wide range of applicability.

Availability of Alternative Solutions Limits Market Growth

Manufacturers across the globe are eager to switch to technological advancements in the packaging market. The building & construction industry is complex industry with equally complicated with its packaging needs. An adequate availability of alternative adhesive solutions such as mastic sealant, masking fluid, spray sealant, and others in the building & construction industry is considerably impacting the sale of construction tapes in prominent regions such as North America, Europe, and Asia Pacific. Development and adoption associated with such alternative adhesive solutions in the building & construction industry restrict the global construction tape market growth to a certain extent.

Adoption of Business Strategies to Retain Competitive Edge in Market

Prominent manufacturers operating in the global construction tape market are constantly putting efforts to fulfill the requirements of the building & construction industry. These manufactures are adopting strategies such as product launch, product maximization, acquisition, and others to expand their business footprints and strengthen market position.

For instance, in May 2017, the tesa SE Group has introduced a new product range of masking tapes made of ultra-thin washi paper for achieving clean and sharp painted edges during painting applications.

Along with this in 2017, Shurtape Technologies, LLC, another leading adhesive tape manufacturer has acquired Syntac Coated Products, LLC. Syntac Coated Products, LLC is a manufacturer of pressure-sensitive, high performance tapes for construction, medical, automotive industries.

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In 2018, Berry Global Group Inc. invested in acquiring leading companies such as Laddawn Inc, Adchem Corp and AEP Industries Inc. to increase its market presence and product line expansion. Adchem Corp. manufactures high performance adhesive tape systems for the automotive, construction, electronics, medical, and general tape markets, was acquired by the group with the investment of US$ 49 Mn.

Construction Tape Market: Competition Landscape

The global construction tape market is projected to witness strong competition among key players. This market includes few well-established market participants. Along with this, several other local and small-scale manufacturers are also entering into construction tape market attributing to significant revenue creation with the raising demand for construction tape. Some of the key players operating in the global construction tape market are 3M Company, tesa SE Group, Berry Global Inc, Nitto Denko Corporation, Saint-Gobain Performance Plastic Corporation, Intertape Polymer Group, Scapa Group plc., Shurtape Technologies, LLC, Pro Tapes & Specialties, Inc, and MBK Tape Solutions, among others.  

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Livestock Monitoring Solutions Market Report: Top Companies, Trends and Future Prospects Details for Business Development

Transparency Market Research delivers key insights on the global livestock monitoring solutions market. In terms of revenue, the global livestock monitoring solutions market is estimated to expand at a CAGR of ~16% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global livestock monitoring solutions market.

The global livestock monitoring solutions market is broadly impacted by several factors, including adoption of IoT and NextGen technologies for monitoring dairy/beef animals across the globe. Thus, expanding applications of livestock monitoring solutions for different end users are propelling the global market for livestock monitoring solutions.

Livestock Monitoring Solutions Market: Dynamics

Livestock monitoring solutions offer the ability of visual surveillance while there is no observer directly on site. Surveillance may be performed directly or can be stored, evaluated, as well as repeated as often as necessary. This includes surveillance from a distance by means of electronic equipment (such as smart CCTV cameras). A livestock monitoring solution typically comprises components such as smart camera, drones, and wearable tracking devices.

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AI-based monitoring on cattle helps end user to obtain maximum yield out of the cattle. The integration of cows with intelligent pattern analysis, which uses sensor technology, machine learning, and cloud computing to translate raw data from the field into meaningful information can be used to support decisions made by farmers every day.

As per a report published by the Food & Agriculture Organization of the United Nations, the global milk output in 2018 was estimated at 843 million tons, an increase of 2.2% from 2017. In the dairy industry, the number of milk producing animals is expected to reach 414 million by the year 2030 from 373 million in year 2018. The increase in milk production with the help of artificial intelligence is also likely to drive the livestock monitoring solutions market.

Livestock Monitoring Solutions Market: Prominent Regions

Presently, North America generates the highest revenue in AI in agriculture due to the early integration of new technologies, such as computer vision and ML, for livestock monitoring. The livestock monitoring solutions market in Europe is projected to witness favorable growth during the forecast period, as rise in technology adoption by dairy farmers in the region is significant.

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In the years to come, the fastest growth in AI in agriculture is likely to be observed in APAC, owing to the rising adoption of agricultural robots and drone analytics and precision farming technologies, primarily in China, India, Thailand, and Indonesia. All these factors are projected to drive the global livestock monitoring solutions market.

Livestock Monitoring Solutions Market: Key Players

Key players operating in the global livestock monitoring solutions market include Cattle Care Inc., Cattle Eye Ltd., Luda.Farm AB, NewVision Security, Onsight247.com, Ranch Eyes, Solutions Technology Group, Wi Vid Wireless Video Cameras.com, LLC, Zoetis Services LLC, and Cainthus.

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Anti-static Films Market Analysis, Sales Revenue, Business Growth and Forecast 2030

Transparency Market Research anticipates that the global anti-static films market will register a CAGR of 5.9% during 2020-2030. The market is expected to rise as the demand for flexible packaging materials continues to soar. The latest research report presents an accurate analysis of the global market as help the readers understand the drivers and restraints that are likely to define its trajectory.

According to the report, the growing demand for flexible packaging across sectors such as food and beverage is anticipated to drive up the demand for anti-static films. Growth will also be complemented by application in alcoholic and non-alcoholic packaging.

According to the analysis, anti-static films are highly preferred in the bags and pouches packaging. Hence, this application segment is expected to account for more than 45% of the market share by the end of forecast period.

Growing demand for these in packaging of food products has been observed by analysts. For the same purpose, PE will emerge as the predominantly used material. Between the forecast period of 2020 and 2030, PE is expected to register a CAGR of 6.4%.

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The growing and ever-expanding pharmaceutical sector is also projected to be a key contributor to the revenue of anti-static films market. Analysts anticipate that the demand for pouches, bags, and other flexible containers in the pharmaceutical industry to store various types of medicines and products is expected to spike demand.

Going further, the demand for anti-static films is expected to rise due to the growing automotive industry as well. Increasing sales of automobiles as economies revive is expected to have a positive influence on the global market during the forecast period.

Global Anti-static Films Market Analysis

The global anti-static films market will be driven by the growing opportunities in allied industries. The flourishing electronics and electrical industry with growing the demand for laptops, smart lighting, smart devices, and better electronics is expected to result in high demand for anti-static films.

With COVID-19, organizations are expected to continue the trend of working from home for a long time. This is projected to spike the demand for electronics, creating a massive uptake of anti-static films. Furthermore, growing expenditure on electronic items for entertainment purposes is also projected to have a positive influence on the demand and use of anti-static films during the forecast period of 2020 to 2030.

Global Anti-static Films Market: Prominent Regions

According to Transparency Market Research, Asia Pacific anti-static films market is expected to witness a steady growth rate in the coming years. This growth will be driven by the growing consumer electronics industry.

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Furthermore, the increasing manufacturing activities in the emerging economies of India and China are projected to bode well for the regional market.

The booming automotive industry in this part of the word is also expected to boost the demand for anti-static films. Additionally, the growing pharmaceutical industry that is in constant need for flexible packaging solutions such as bags and pouches for myriad types of products is expected to drive the market.

Anti-static Films Market: Key Players

Some of the key players operating in the global layer pads market are Toyobo Co., Lt, NAN YA PLASTICS CORPORATION, Mitsubishi Polyester Film, Inc. ACHILLES CORPORATION, Toray Plastics (America), Inc., Klöckner Pentaplast, Wiman Corporation, Kolon Industries, Inc, Sekisui Film Co. Ltd., and Saint-Gobain.

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Digital Freight Brokerage Market Demand, Growth Factors, Regional Trends, Future Plans and Outlook

Transparency Market Research delivers key insights on the global digital freight brokerage market. In terms of revenue, the global digital freight brokerage market was valued at over US$ 1.3 Bn in 2019 and is expected to expand at a CAGR of ~33% from 2020 to 2030, to reach US$ 26 Bn by the end of the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global digital freight brokerage market.

The global digital freight brokerage market is broadly affected by several factors, including increasing adoption of smartphones and mobile applications to fuel the efficiency of operations. Thus, expanding applications of digital freight brokerage in different sectors is propelling the global market for digital freight brokerage.

Digital Freight Brokerage Market: Dynamics

The increasing adoption of smartphones and mobile applications among shippers and carriers to match their services and needs is a growing trend. The proliferation of smartphones and tablets makes this process much more efficient by letting shippers find carriers on demand and offers price transparency. Most of the players in the market act as mobile-based freight brokers who provide a mobile platform, where shippers and carriers can interact directly.

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Value-added services provided on mobile platforms by market players are responsible for shippers and carriers opting for digital solutions. Shippers can monitor their shipment in real-time with an online freight application. It also provides the delivery photo, along with a signed invoice for landing. It helps in managing the paperwork of the delivery process with real-time tracking of the shipments. Solution providers are offering advanced freight brokerage solutions to simplify the freight management process with records of shipments. Therefore, increasing adoption of smartphones and mobile applications to enhance the efficiency of operations is expected to drive the demand for digital freight brokerage solutions during the forecast period.

Digital Freight Brokerage Market: Prominent Regions

The digital freight brokerage market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of consumer spending in logistics and transportation solutions in the region. The digital freight brokerage market in Europe is projected to witness favorable growth during the forecast period, due to significant rise in commercial investment in digital freight brokerage and increasing number of digital freight brokerage solution providers in major countries such as the U.K. and Germany. The Asia Pacific digital freight brokerage market is anticipated to expand at the fastest rate during the forecast period, owing to the presence of a large number of players in the digital freight brokerage sector and increasing adoption of digital freight brokerage among logistics and transportation businesses.

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Digital Freight Brokerage Market: Key Players

Key players operating in the global digital freight brokerage market include C.H. Robinson, Cargocentric Inc., CEVA Logistics, Convoy, Coyote Logistics, LLC, DAT Solutions, LLC, DB Schenker Logistics, DHL International GmbH, Echo Global Logistics, Cargomatic Inc., J.B. Hunt Transport, Inc., Kintetsu World Express, Kuehne + Nagel International AG, Loadsmart Inc., Panalpina World Transport (Holding) Ltd., TGMatrix Limited., Transfix, Trucker Path Inc., Truckstop.com, Uber Freight, and uShip Inc.

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Personality Assessment Solutions for Training and Development Market: Competitive Landscape, Future Plans, Opportunities and Comprehensive Research Study Till 2030

Transparency Market Research delivers key insights on the global personality assessment solutions for training and development market. In terms of revenue, the global personality assessment solutions for training and development market is estimated to expand at a CAGR of ~15% 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 personality assessment solutions for training and development market.

The global personality assessment solutions for training and development market is broadly affected by several factors that include convergence of strategies and technologies with traditional business processes, increasing usage of learning systems, and executive development interventions around the globe, which is gradually enhancing the demand for personality assessment solutions for training and development. This is accelerating the growth of the personality assessment solutions for training and development market across the world. The report analyzes the global personality assessment solutions for training and development market and provides estimates in terms of revenue (US$ Mn) from 2018 to 2030.

Key Growth Drivers of Personality Assessment Solutions for Training and Development Market

Proliferation of SaaS-based Solutions: Training and development courses are made available to students to prepare them for the academic as well as the professional sector. This driver is expected to have high impact in the short-term and mid-term and moderate impact in the long-term. Cloud-based deployment of personality assessment solutions have been gaining popularity for the past few years. This is primarily due to the development of cloud infrastructure that has enabled easy availability of cloud storage, along with affordable pricing. An analysis of on-going trends suggests a shift toward the adoption of SaaS-based personality assessment solutions.

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The high cost of hardware, software, and data center operations are divided among customers by the vendor in the SaaS-based model, thus allowing customers to avail top of the line infrastructure at a fraction of the initial cost. SaaS technology helps consolidate various HRM solutions under one single package. Furthermore, cloud technology helps organizations reach and find the best talent and hire the right people, and reduce time to hire talent. Moreover, a cloud-based personality assessment portfolio improves the retention of employees and reduces turnover cost, thereby enhancing the performance and employee engagement of the organization.

Key Challenges Faced by Personality Assessment Solutions for Training and Development Market Players

Cost associated with personality assessment solutions may restrain the growth of the personality assessment solutions for training and development market, as assessment solutions involve higher administration and maintenance cost. This can hamper the growth of the personality assessment solutions for training and development market.

Personality Assessment Solutions for Training and Development Market: Prominent Regions

In terms of region, the global personality assessment solutions for training and development market has been segmented 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 expected to be trends witnessed in the region over the next few years. North America held a significant share of the global personality assessment solutions for training and development market in 2019. The U.S. is estimated to hold a notable share of the personality assessment solutions for training and development market in North America and the market in the country is projected to expand at a CAGR of 14.2% during the forecast period. Furthermore, Europe is projected to witness the highest opportunity addition in the market globally, with Asia Pacific being the next closest regions.

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The personality assessment solutions for training and development market in Europe is projected to witness high growth during the forecast period, due to increasing awareness of personality assessment solutions for training and development with evolving assessment techniques related to management, entrepreneurship, and emotional intelligence across disciplines and systems in organizations and enterprises. The Europe personality assessment solutions for training and development market generated revenue of US$ 1,130 Mn in 2020 and is expected to reach US$ 4,549.6 Mn by 2030 at a CAGR of 14.9% during the forecast period. The market in Asia Pacific is expected to experience substantial growth during the forecast period. This is mainly due to the adoption of personality assessment solutions for training and development in Japan, Australia, China, India, South Korea, etc.

The report provides in-depth segment analysis of the global personality assessment solutions for training and development market, thereby providing valuable insights at macro as well as micro levels. The analysis of major countries, which hold growth opportunities or account for significant share, has also been included as part of geographic analysis of the personality assessment solutions for training and development market.

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Self Tanning Products Market 2020 Global Size, Share, Industry Growth, Competitive Landscape and Outlook 2030

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

In terms of type, the self-tanning products market has been segmented into facial self-tanners and body self-tanners. During the forecast period, the market is anticipated to be dominated by the body self-tanning products segment. In the report, based on form, the self-tanning products market has been segmented into gel, lotion, spray, oil, cream, and others.

Based on ingredient, the self-tanning products market has been bifurcated into natural and organic. The natural segment is anticipated to expand at a significant growth rate during the forecast period.

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In terms of gender, the self-tanning products market has been categorized into male, female, and unisex. The unisex segment is anticipated to expand at a higher pace. In terms of distribution channel, the self-tanning products market has been divided into online and offline. During the forecast period, the online distribution channel is anticipated to expand at a rapid pace. Asia Pacific has seen a surge in adoption of e-Commerce platforms, which in turn has increased online retail sales of self-tanning products.

Self-tanning Products Market: Prominent Regions

Geographically, Europe led the self-tanning products market in 2019 and the region is expected to retain its dominance during the forecast period. The U.K. and France are considered the major markets for self-tanning products in Europe. In addition, North America and APAC are also projected to offer promising growth opportunities for the self-tanning products market. Apart from Asia Pacific, South American provinces also significantly contribute to the overall growth of the global self-tanning products market.

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Self-tanning Products Market: Key Players

The competition landscape of the self-tanning products market is highly fragmented with leading players accounting for nearly 25% of the revenue share. Key players operating in the global self-tanning products market include Avon Products, Inc., Beiersdorf AG, Christian Dior SE, St. Tropez Inc, Kao Corporation, L’Oréal S.A., Shiseido Co., Ltd., Coola LLC, Banana Boat, and Tantowel Inc.

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