LED Video Walls Market Investigation & Development Trends Analyzed Till 2025

The competitive landscape of the global LED video walls market is quite consolidated due to the dominance of prominent companies that are investing substantially as compared to the local and less popular service providers, says TMR in a recently published report. According to the report, the competition between the key players is expected to be on the rise, mainly because of continuous innovation and development of the LED video walls around the globe. The key players in the global video walls market are: Panasonic Corporation, Toshiba Corporation, Lighthouse Technologies Ltd., Optoelectronics Co Ltd., Delphi Systems Inc., Daktronics Inc., and Electronic Displays, among several others.

According to the report published by TMR, the global LED video walls market is forecasted to expand at a healthy CAGR of 8.1% during the period from 2017 to 2025. While growing at this rate, the market is expected to reach a valuation of US$3882.9 mn by 2025 from a previous value of US$1967.2 mn in 2016.

Rental based services of LED video walls has captured the top spot as a leading segment in the market. The is mainly due to the steep upfront cost required for setting up the LED video walls, which further leads to more consumers to rent out the walls. As per the TMR report, this segment accounted for about 53% of the total market share. Availability of custom-sized video walls along numerous standard layouts with regards to their designs is another reason for high demand of the wall rentals. However, the installation service segment is expected to show a good growth curve in the future for both European as well as the Asia-Pacific markets. This is mainly due to the growing demand of the walls for use in indoor as well as outdoor activities.

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From a geographical perspective, Europe is the leading market for the global video walls market, especially due to large number of sporting events, live concerts and corporate exhibitions being held in the region. Even though Europe holds the top spot or the market, North America is anticipated to become a key region with a growing demand for the LED video walls market.

Live Concerts and Sporting Events Contribute Towards Better Sales

The demand for LED video walls is expected to grow as a result of rise in numerous marketing and promotional activities, according to the TMR report. Live concerts, sporting events, stage events, etc. are few of examples of the sectors where these walls could see high utilization. LED walls also are available in various customized sizes, resolutions and other features, which is further expected to cause rise in their demand. Another prominent driver for the LED video walls market involves the ability of walls to resist outdoor conditions and still give high definition visual outputs. Due to this characteristic, many businesses prefer using these walls for outdoor events, which further propels the market.

A prominent roadblock for the global LED video walls market is the large initial cost of investment. High expenses may cause small and medium-scale businesses to stay away from investing in the video walls, thus existing as an obstacle to the market. However, as technological advancements keep on occurring due the persistence of key players, low cost and energy efficient LED video walls might soon be available. This can certainly lead towards new opportunities for the improvement in sales of these walls.

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The information presented in this review is based on a TMR report, titled “LED Video Walls Market (Deployment Type – Indoor and Outdoor; Service Type – Installation, Repairing/Maintenance and Rental) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

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PCR Plastic Packaging Market to Boom in Near Future by 2028

In a recent study, Transparency Market Research (TMR) offers insights into prevailing trends and growth prospects of the global PCR plastic packaging market. The report is intended to offer a holistic overview of the market, uncovering hidden prospects. It studies the market for a period between 2020 and 2028.

TMR projects the PCR plastic packaging market to expand by 1.7 times its current market value by the end of 2028. The rising demand from diverse industries such as cosmetics and personal care, food, beverages, pharmaceuticals, and others is expected to support the expansion of the market.

Recyclable and recycled plastic packaging is considered as next-generation trends in the industry currently struggling to explore ways of lessening the impact on environment. Driven by the surging focus on containing pollution caused due to plastic waste, the market for PCR plastic packaging is expected to record impressive growth in the coming years.

This packaging solution has particularly evolved from the need of alleviating environmental burden caused due to unbridled production of plastic, which eventually ended up in landfills. Since consumers are more cautious about their choices, TMR foresees the demand for PCR plastic packaging to surge exponentially in the coming years.

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Besides inherent benefits to the environment, these packaging solutions also offer greater protection from moisture, oxygen, and bacteria. This makes it highly suitable for packaging of a multitude of items. Producers operating within the market also adheres to FDA regulations, which has been at the core of impetus recorded in the last few years.

Spurred by aforementioned factors, the demand for PCR plastic packaging is forecast to increase in industries such as food, beverages, pharmaceutical, and healthcare. According to TMR, the demand for packaging solutions made from PET will push growth in the segment, enabling it account for over 55% of the market over the forecast period.

Technological Improvements Streamlining Process

Technological improvements in the last few years have helped in streamlining recycling processes and improving overall efficiency. Recycling requires various types of plastics for which hand sorting can be time consuming and expensive. This has pushed recyclers towards high-tech solutions such as infrared (IR) lasers that can ease their workload and streamline the overall process.

IR beams help in detecting compositions of different types of plastics and then air spurts are used to puff varied kinds of plastics into separate steams for recycling. Traditionally recycling also requires a lot of water however thanks to latest technologies it has become possible to clean, cool, and create recycled plastic without wasting water.

Reduced consumption of water and energy results in added environmental benefits, while lowering the overall cost incurred on recycling. Spurred by these, some of the leading companies operating in the market are developing innovative technologies to boost production.

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For instance, a technology developed by Marco Adame, founder of Ak Inovex, can process over 90% of any type of plastic, curbing water waste as well as reducing production cost by half without compromising on the quality of recycled pellets.

Likewise, AMP Cortex™ is a high speed and intelligent robotic system designed to cater to the dynamic needs of modern recycling operations. Steered by artificial intelligence (AI), the robot is functioned to intelligently perform physical tasks of picking, sorting, and placing materials.

Focus on Sustainability Driving Growth

The staggering volume of plastic waste generated around the world is a direct outcome of the linear model of consumption, also called ‘take-make-dispose’ consumption. According to the World Economic Forum, plastic packaging waste incurs a loss of US$80 to US$120 Bn to the global economy every year.

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Plastic Ready Meal Trays Market 2020 | Worldwide Opportunities, Driving Forces, Future Potential 2028

Transparency Market Research delivers key insights for the plastic ready meal trays 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 market is projected to grow at a CAGR of 4.6% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the plastic ready meal trays market report.

Plastic ready meal trays are high quality trays that possess strength, elegance, uniformity coupled with durability and ecofriendly properties. These lightweight and recyclable plastic ready meal trays are predominantly used in food and foodservice sector for packaging during storage and transit of a wide range of food products.

TMR team segmented the analysis of plastic ready meal trays market based on various factors such as material, molding technology, tray type, and demand from end users across five regions. As per TMR analysis, by tray type, multi cavity segment in the plastic ready meal trays is expected to account for major market share and is expected to lead the overall plastic ready meal trays market throughout the forecast period.

Shifting Inclination toward Reusable and Recyclable Plastic Ready Meal Trays Supplement Sales

Fully recyclable ready meal trays are becoming increasingly popular across different sectors. Recycling of plastic is considered the next viable and technically feasible option to tackle issue presented by the ever-growing volume of plastic waste. Moreover, end use consumers across the globe prefer recyclable plastic packaging products, attributable to the increasing awareness of the need for proper management of plastic waste.

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The European Union also recently announced its new policy agenda with the aim of making all plastic packaging in the EU market reusable and recyclable by 2030. Manufacturers operating in the plastic ready meal trays market are attracting significant portion of environmentally conscious customer base by manufacturing plastic ready meal trays made from recyclable and recycled plastic. For instant, Sonoco Products Company, one of the leading plastic ready meal trays manufacturer design and manufacture ready meal tray made up of CPET recyclable material.

Demand for Convenience Packaging Solutions to Boost Demand for Plastic Ready Meal Trays

Consumers show a high preference for products in portable packaging that is perfect for on-the-go consumption. This increasing preference for products in convenient packaging over those in conventional packaging, especially from the younger generation contributes to the demand for plastic ready meal trays. The global food service industry exhibited healthy growth over the last few years, and this is expected to continue in the foreseeable future.

This remarkable growth is not only limited to mature markets of North America and Europe, but is also expected to occur in the highly potential markets in Asian countries. Increasing disposable income and expenditure on food consumption in countries such as India and China is bolstering the demand for such convenience packaging solutions including plastic ready meal trays. Furthermore, the growing popularity of ready-to-eat meals and processed food is anticipated to be significant aspect behind the growth of the plastic ready meal trays market.

Environmental Hazards of CPET to Restrict Market Growth

The material mainly used for the production of the ready meal trays are plastics such as polypropylene (PP) and crystallized PET (CPET). CPET requires several years to degrade, which is a major restraint in the plastic ready meal trays market. The high density and large sized trays require more time to biodegrade, which may affect environmental conditions for a long periods of time. When exposed to sunlight, polyethylene polymer chains become fragile, and then turn into microscopic granules.

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Some scientists doubt whether these granules ever decompose fully. This may adversely affect marine and terrestrial environments, and pose a risk of infiltration of plastic particles in the food chain. In order to overcome this challenge, some of the companies have already started manufacturing CPET trays from recycled PET material. However, despite being a highly recyclable material, PET is still not fully recycled in even the most developed countries.

Plastic Ready Meal Trays Market: Competition Landscape

The global plastic ready meal trays market is projected to witness strong competition among key players. This market includes many well established market participants. Besides this, many other local players and start-ups are entering into plastic ready meal trays market attributing to significant revenue creation with the raising demand of eco-friendly plastic ready meal trays. Some of the key players operating in the global plastic ready meal trays market are Sonoco Products Company, Amcor plc, DS Smith Plc, Huhtamäki Oyj, Faerch A/S, Omniform Group, MCP Performance Plastic Ltd, Silver plastics GmbH & Co. KG among others.

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Saturating Kraft Paper Market to Witness High Demand During 2020-2027.

Transparency Market Research delivers key insights into the saturating kraft paper market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2027. In terms of revenue, the global market is projected to expand 1.4 times of the current market value by the end of 2027, owing to increasing number of construction and furniture industries about which, TMR offers detailed insights and forecasts in the saturating kraft paper market report.

TMR team segmented the analysis of saturating kraft paper market based on numerous parameters such as paper grade, basis weight, application, and demand in end use industries in different regions. The saturating kraft paper has a good barrier against air and moisture. However, it allows passage for water vapor. Therefore, it helps to reduce condensation. Owing to these benefits, consistently increasing demand for saturating kraft paper is being witnessed in construction and furniture industries.

As per the TMR analysis, unbleached saturating kraft paper is expected to hold the largest market share and outpacing bleached saturating kraft paper during the forecast period.

Flooring Application Holds Significant Share of Saturating Kraft Paper Market

With rapidly changing lifestyle, customers have more inclination toward interior designing and artistic looks. More traction toward laminated products, furniture, and flooring, among customers, is expected to create exponential growth opportunities for the saturating kraft paper market during the forecast period. The saturating kraft paper available in decorative formats with a variety of texture and thickness provides good surface finish. Therefore, the demand for decorative saturating kraft paper for household end use is estimated to increase by nearly 70 bps during the forecast period.

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Key Players Enhancing Production Capabilities and Expanding Global Footprint

It has been witnessed that the key players are focusing on increasing production capabilities to ensure equilibrium in demand and supply of saturating kraft paper. Therefore, two-fold investments are being done by manufacturers in the saturated kraft paper market. International Paper Company has invested US$ 300 Mn for enhancing its production capabilities. Besides this, key players are also focused on increasing its product portfolio and presence through collaboration and acquisitions. WestRock acquired KapStone Paper and Packaging. This acquisition helped the company to extend its product portfolio and product capabilities as well.

COVID-19 Hindering Growth of Saturating Kraft Paper Market

The COVID-19 pandemic is expected to cause economic hardship for the key manufacturers and end users across several regions. Key players of the saturating kraft paper market are facing challenges due to this crisis. In spite of soaring demand for saturating kraft paper from customers, manufacturers are unable to fulfil such demand, due to disrupted supply chain and uncertain economic and capital market conditions in the first two quarters of 2020.

However, by the end of 2020, the global saturating kraft paper market is expected to growth with the expansion of construction and furniture industries.

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Saturating Kraft Paper Market: Competition Landscape

The global saturating kraft paper market is fragmented. Tough rivalry among key players is witnessed in past three years. The global market for saturating kraft paper includes well-established market participants. Some of the key players operating in the global saturating kraft paper market are International Paper Company, WestRock Company, Koktamills Oy, Fortune Paper Mills LLP, Nordic Paper AS, Pudumjee Paper Products, Ahlstrom-Munksjö Oyj, Onyx Specialty Papers, Inc, Venkraft Paper Mills Pvt. Ltd. Suyash Paper Mills Limited, Shanghai Plastech Group Limited, among others.

The Tier structure is formulated on the basis of segmental revenue and market share of the company. As per Tier structure, WestRock Company, International Paper, Koktamills Oy, and Ahlstrom-Munksjö Oyj are the Tier 1 players in the saturating kraft paper Market. These companies are planning to increase global footprints in the untapped markets. Furthermore, Tier 2 players are Nordic Paper, Fortune Paper Mills LLP, Pudumjee Paper Products, Venkraft Paper Mills Pvt. Ltd., among others. These companies hold 1/5 of the global saturating kraft paper market share.

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Dog Clothing & Accessories Market Business Strategies, Revenue Value and Competitive Landscape to 2030

Transparency Market Research delivers key insights on the global dog clothing & accessories market. In terms of revenue, the global dog clothing & accessories market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global dog clothing & accessories market report.

In the report, TMR predicts that the global dog clothing & accessories market would be largely driven by factors such as increasing dog ownership and trend of pet humanization across the globe.

In the dog clothing & accessories market report, the type segment includes apparels and accessories. The apparel segment is further sub-segmented into outwear & costumes, coats & jackets, jerseys, neckwear, shirts, footwear & socks, hats, and others. The accessories segment is sub-segmented into waste disposal-poop bags, collar, harness, leashes, bowl, bedding, bags, toys, jewelry, and others. In terms of life stage, the demand for dog clothing & accessories for puppies is anticipated to expand at a significant growth rate during the forecast period. Adult and senior are prominent segments in various countries for dog clothing and accessories.

Based on target audience, millennials is a major segment across the globe. It is expected to remain dominant with a huge share, owing to a sizeable portion of this population investing on dog care and services. Among materials in dog clothing and accessories, cotton, nylon, and neoprene are likely to remain popular. In terms of price category, the mass segment is expected to remain popular among consumers as compared to the premium segment. Furthermore, based on distribution channel, the online segment of the dog clothing & accessories market is expected to expand at a rapid pace. This platform is popular, as it helps to choose the right dog product.

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The dog clothing & accessories market is widely fragmented. A large number of small and mid-sized companies, along with large companies, operate in the market at global and domestic levels. Companies are focusing on offering innovative solutions through a wide range of distribution channels in order to increase their market reach.

Dog Clothing & Accessories Market: Prominent Regions

Asia Pacific holds a major share of the dog clothing & accessories market, due to rapid growth in dog ownership, rising trend of pet humanization, and increasing investments on dog care supplies and services in emerging countries such as India, China, Indonesia, and various other Asian countries. This is expected to drive the growth of the dog clothing & accessories market in Asia Pacific at a rapid pace as compared to other regions.

The demand for dog clothing & accessories in Europe and North America is estimated to increase at a significant pace in the near future, due to rising trend of pet humanization and increasing investments on dog care supplies and services. The U.K., Germany, France, Russia, the U.S., and Canada are anticipated to be prominent markets for dog clothing & accessories during the forecast period.

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The market in South America and Middle East & Africa is anticipated to expand at a rapid growth rate in the near future. GCC Countries, South Africa, Brazil, and Argentina are anticipated to be potential markets in the coming years for dog clothing & accessories.

Major promising players are likely to focus on the expansion of business by indulging in strategic alliances and mergers & collaborations to strengthen their footprints in the global dog clothing & accessories market. Companies are engaging in expanding their business by offering unique products through several online distribution channels. Companies are focusing on offering cost effective innovative solutions to dog owners to increase profitability for sustainable growth of businesses.

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Bead Products Market Is Booming Worldwide

Transparency Market Research delivers key insights on the global bead products market. In terms of revenue, the global bead 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 bead products market report.

In this market report, TMR predicts that rising partnership among private public organizations will have a noteworthy impact on the overall bead products market. The bead products study signifies the handcrafted bead products, which encapsulates a wide range of products, including jewelry, art, pottery, tapestries, utensils, and various other accessories. Earlier, these products had limited market reach, owing to their concentration and availability at select locations. However, now, with the help of advancing business trends, the private sector has partnered with local associations supporting the community of bead products manufacturers, enabling them to penetrate into novel geographic verticals.

In terms of product type, the market has been divided into home décor, jewelry, accessories, pet items, models, holiday ornaments, and others products such as stationery, etc. During the forecast period, the market is anticipated to be dominated by the jewelry segment. Jewelry bead products in the report have been further segmented into necklaces, bangles & bracelets, earrings, rings, pendent, and others (armlets, anklets, etc.). Rising demand for bangles and bracelets is anticipated to drive the jewelry segment throughout the forecast period.

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Based on bead type, the market has been segmented into powder glass beads, crystal beads, metal beads, natural beads (such as wood, bone, stones, etc.), and others, including acrylic, plastic, and trade beads. The natural beads segment is anticipated to expand at a significant growth rate during the forecast period.

In terms of bead shape, the bead products market has been categorized into round, oval, cube, cuboid, and others (bicone, star, twisted, etc.). The round bead shape has been found to be widely used, accounting for majority share in the value as well as volume market. In terms of bead size, the market has been segmented into less than 0.5 mm, 0.5 mm to 1mm, and more than 1 mm. The more than 1 mm segment is expected to lead the market and dominate the market in the forthcoming years. Furthermore, based on pricing, the market has been divided into high, medium, and low. Based on category, the market has been categorized into mass and premium. As per the study, it has been estimated that in the coming years, the mass products segment, which correlates to low price products is expected to dominate the revenue share of the bead products market.

In terms of end user, the individual or distinct buyer contributed to higher revenue share of the market. In terms of distribution channel, increasing adoption of online shopping trends is likely to fuel the share of online platforms in the overall bead products market.

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Bead Products Market: Prominent Regions

Geographically, Asia Pacific led the bead products market in 2019 and the region is expected to retain its dominance during the forecast period. China and India are considered the major markets for bead products in the Asia Pacific region. Asia Pacific is a prominent market globally, since it is an important manufacturing base for bead products. Apart from Asia Pacific, the African provinces also significantly contribute to the growth of the global bead products market.

Bead Products Market: Key Players

The competition landscape of the bead products market is highly fragmented with leading players accounting for nearly 25% of the revenue share. Key players operating in the global bead products market include African Crafts Market, Alamy Ltd., BeadforLife, Earth Africa Curio, Global Village Gifts, Indego Africa, Kenya Crafts, Naushad Trading Company (NTC) Limited, The Kenyan Craft Company, and WorldCrafts.

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Power Inductor Market: Future Demand, Market Analysis & Outlook to 2030

Transparency Market Research delivers key insights on the global power inductor market. In terms of revenue, the global market is projected to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global power inductor market.

A power inductor is used to store an electrical energy in the form of magnetic energy. It is a passive element with two terminals and commonly known as coil or a reactor. The initial purpose of a power inductor is to maintain stability in a circuit that has a varying voltage or current so that the core losses can be reduced from applications in which voltage conversion is necessary. Power inductors are broadly categorized on the basis of multiple factors, including tolerance, packaging, DC resistance, case size or dimension, nominal inductance, maximum rated current, and shielding type.

Furthermore, choosing an appropriate power inductor for specific applications is crucial due to availability of numerous power inductor types in the market. Industries choose the best suited power inductor based on technical characteristics such as high power, high current, power supply, and surface mount power (SMD). Power inductors are largely used in DC/DC converters or EMI current filter applications such as adjustable lighting, motor speed control, and DC power conditioning, among others, owing to energy storing capability.

The global power inductor market has been broadly segmented by core, material, mounting, type, and application. Based on core, the market has been bifurcated into shielded and non-shielded. Based on material, the market has been segmented into under air core, ferromagnetic/ferrite core, iron core, metal alloy (small size [below 40x40mm]), and others. In terms of mounting, the market has been divided into surface mount technology and through hole technology.

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In terms of type, the market has been segregated into wire-wound, multilayer, and third-film power supply. In terms of application, the market has been classified into consumer electronics (mobile & smartphones, laptops, tablets, notebooks, computers, televisions, and others), automotive (automotive charging system, wireless power transfer, DC-DC converters, vehicle lighting, power steering, brakes, in-vehicle infotainment, and others), industrial, healthcare, and others. In terms of core, the shielded segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period. This can be primarily attributed to significant use of shielded core power inductors in consumer electronics and automotive industry.

Power Inductor Market: Dynamics

The automotive industry is growing continuously due to technological developments such as manufacturing of electric vehicles with ADAS systems in it. The production of automated cars and focus on production of electrical vehicles is increased, owing to such advancements. Furthermore, the automotive sector is driven by factors such as rising spending on R&D of the automotive technology and increasing competition among players to increase their market share. The demand for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) is increasing in high growth regions such as Europe, due to increasing popularity of electric vehicles in the light of government subsidies and environmental sensitivity. The EV industry in the EMEA region is led by countries such as Germany, Norway, Dubai, and GCC countries.

The electronic control unit performs multiple key operations ranging from enhancing vehicle performance and fuel efficiency to increasing vehicle safety. The miniaturization of the ECU is required to support advanced vehicles, especially EVs and PHEVs so as to accommodate a large number of ECUs in less space. The smaller size of the ECU implies that electronic components, such as power inductors, used in the ECU must also be reduced in size. Power inductors offer improved electric characteristics and enhance the operational reliability of the device in which power inductors are incorporated.

Furthermore, the advanced design of power inductors such as wire-wound, multilayer, and thin-film can help in reducing the device power supply circuit size due to their small size. Power inductors are used in several vehicle parts, including head lamps, air bag systems, car communication modules, electric power steering, and keyless entry systems. Power inductors certified for AEC-Q200 standard are typically suitable for the automotive industry. The growing automotive industry across high growth regions and the rising penetration of EV and PHEV vehicles are projected to have a significant positive impact on the global power inductor market during the forecast period.

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Multiple manufacturers are engaged in the development of innovative power inductors using thin-film material that allows for compact and high precision performance, more stability, and heat resistance. For instance, TDK Corporation launched a new power inductor with thin-film produced for mobile device design. The novel product can handle higher current and lower resistance as compared to traditional power inductor products. Thus, the development of novel products by incorporating advanced technology in power inductors for consumer electronics sectors across the globe is expected to boost the global power inductor market during the forecast period.

Power Inductor Market: Prominent Regions

According to regional analysis, Asia Pacific is the dominant region of the global power inductor market.  The growth of the market in the region can be attributed to significant manufacturing ability of players operating in the Asia Pacific market to produce power inductors for consumer electronics and automotive applications. China has proved to be the most diversified and dynamic market. A majority of power inductors made of metal alloy are used in the automotive sector for infotainment systems and parking assistance camera applications; this is anticipated to drive the power inductor market in Asia Pacific over the next few years.

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