Paper Edge Protectors Market: Factors Helping to Maintain Strong Position Globally 2020-2027

The global paper edge protectors market is expected to witness a massive revenue generation in coming years. This revenue of the market is primarily backed by sustained rapid industrialization across the globe. Also, owing to rising demand in industries such as manufacturing and food and beverages industry the global paper edge protectors market is expected to witness a consistent growth in the forecast of 2019 to 2027. Moreover, with growth in industrial production levels in countries such as China and Japan, the global paper edge protectors market is expected to witness a robust expansion in coming years.

A report by Transparency Market Research provides valuable insights to the players and helps them in better decision making and generate better future. The report provides actionable information to players covering various facets such as key drivers, opportunities, challenges, notable developments, and prominent players of global paper edge protectors market for the forecast of 2019 to 2027.

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Global Paper Edge Protectors Market: Notable Developments

• Kunert Peiting GmbH & Co KG has announced that the company will be expanding its peiting plant in Germany. The organization is also planning to launch its latest state of the art production line for paper edge protectors. The new production line is aimed support the company to support the elevation of production capacity of the company. This allows the company to hold a substantial share in global paper edge protectors market.
• VpK Packaging Group acquired Finland’s leading paper edge protector manufacturer -Corenso. The acquisition of the company will allow VpK Packaging Group to penetrate the paper edge protector market in Europe and China, and is projected to boost the production capacity of the company. Moreover, the company is expecting to expand with this acquisition in terms of revenue.

However, the landscape of the global paper edge protectors market is highly competitive. Moreover, the presence of various players in the market is also expected to toughen the competition for new players. In order to overcome this challenge, the new comers are looking forward to merge with prominent players so as to acquire necessary resources to compete against the giants of the global paper edge protectors market.

Whereas, established players of the global paper edge protectors market are acquiring various small businesses so as to expand their product portfolio and production capacity. This allows the players to gain a competitive edge to the players over their rivals in terms of technology and human resources.

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Global Paper Edge Protectors Market: Key Drivers

As a result of growing demand for large rolls of papers in various media publications and periodicals, the requirement to protect the roll from opening has elevated exponentially in recent times. This as a result, is expected to influence the growth of global paper edge protectors market during the forecast period of 2019 to 2017. Moreover, rising technological developments that can improve the production of paper edge protectors is also projected to support the growth of the market in coming years.

Besides, demand for protecting the edge of the paper from getting contaminated is also expected to boost the paper edge protector market in the forecast tenure. Furthermore, the global market for paper edge protector is also experiencing the projected growth as a result of rising application of paperboard as raw material for the production of edge protectors.

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Isothermal Packaging Market to Witness High Demand During 2020-2027

Urbanization leads to the need for temperature-sensitive products to be transported to longer distances. Isothermal packaging is the solution to such problems and acts as an insulating barrier against external temperatures. This type of packaging can allow storage of products from a temperature range of 25 to -25ºC. VYPE insulated packaging was introduced by Emball Iso and won an award for excellence in research and development which could maintain controlled temperature from 0 to -25 º C.  Isothermal packaging is airtight, hygienic, reusable, CFC free, and value for money. They provide safety of food and other products as well as protection of consumers. They are reliable, easy to transport, and store and protect the contents from contamination. Isothermal packaging keeps the product fresh and maintains the cold chain during transmit. This packaging helps to protect the products from temperature variations, physical and thermal shocks. Isothermal packaging, when done with bags, provides flexibility to the products. Isothermal packaging is also water, and soundproof and compactly stores the product. The type of insulating material used for isothermal packaging depends upon transportation duration, temperature to be maintained, and the value of the product. Isothermal coating have a wide range of sizes from small sizes to pallet size and specific insulation values depending upon the thickness of the container.

When more insulation of the product is done, less material to maintain the temperature is used due to which the weight of the package is light and transport cost is low. Isothermal packaging also allows the printing of information related to the product for identification. Isothermal packaging is valuable for food, catering, and the beverage industry. Isothermal packaging is mainly used in online retail sectors of biopharmaceuticals, vaccines, and clinical trials.

Isothermal Packaging Market: Dynamics

The need for insulation to transport products safely and in its original condition drives the market of isothermal packaging. Due to the large scale availability of raw material and adaptability, the market for isothermal packaging can thrive. The temperature range is now becoming a major challenge for the manufactures as different products need optimum temperature. The cost of raw material used in the making of isothermal packaging is high, which can hamper the market of isothermal market. Isothermal packaging is made from plastics which are not biodegradable and harm the environment because of the release of harmful chemicals.

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These chemicals can be hazardous to consumers by the chains of cycles present in our ecosystem. Growing environmental concerns can challenge the isothermal packaging market to produce eco-friendly and renewable raw materials. Reduction in the toxic waste of plastics in isothermal packaging can innovate the era of plastics and can robust the isothermal packaging market. The use of fibers for producing isothermal packaging can be an innovation as they can be easily recycled multiple times.

Country such as US in the region of North America; China in the region of Asia; UK and France in the region of Europe have the highest e-commerce usage, so the market for isothermal packaging is expected to rise. The isothermal packaging market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period.

It attributed to the high demand for isothermal packaging incorporated in being a powerful tool to preserve products during transportation and is a need in various industries like food, beverages, and pharmaceuticals. The increasing demand for an insulating barrier against external temperatures drives the market for isothermal packaging market in developing countries such as India, China, etc.

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Isothermal Packaging Market: Key Players

• Polar Tech Industries, Inc.
• Softbox Systems Ltd.
• The Wool Packaging Company Ltd.
• Aircontainer Packaging System Sweden AB
• Melform Bonetto Group

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Incident and Emergency Management Market Challenges, Business Strategies, Revenue Value and Competitive Landscape to 2030

Transparency Market Research delivers key insights on the global incident and emergency management market. In terms of revenue, the global incident and emergency management 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 its report on the global incident and emergency management market.

Increase in economic loss due to rise in terrorism, natural calamities, and implementation of government initiatives and regulations for public safety are the main factors driving the global incident and emergency management market. The report analyzes the global incident and emergency management market and provides estimates in terms of revenue (US$ Mn) from 2018 to 2030.

Incident and Emergency Management: Market Drivers

There is an increasing adoption of data analytics technology for incident and emergency management. The data analytics technology plays a significant role in monitoring, preparing, and analyzing missions in real time due to the rising trend in the direction of incident and emergency management. This technology, coupled with social and mobile technology is used to integrate and streamline daily incidents, natural disasters, and emergencies taking place across the world. Moreover, government agencies are using the data analytics technology to enhance emergency management and recovery and preparation in order to manage incidents that are taking place. This, in turn, is expected to boost the impact of this driver during the forecast period.

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For instance, the IBM Corporation is working with government and public safety organizations across the world to implement the data analytics technology to improve response planning in the wake of natural disasters.

Key Challenges Faced by Incident and Emergency Management Market Players

The hardware structure prone to single point of failure may restrain the growth of the incident and emergency management market. The early warning system is highly prone to non-functionality with reference to single point failure in the infrastructure or the design of the monitoring and warning system. The whole system is composed of multiple components such as seismometer, accelerometer, alarm system, and GPS module, which are dependent on each other for functionality as well as for prediction.

Although the components are manufactured to work optimally in harsh conditions, even a single component failing to perform its task within the early warning system leads to high possibility of system failure, which may lead to huge losses due to natural disasters. This can restrain the growth of the incident and emergency market. The impact of this restraint is likely to be medium in short term and medium term in the current environmental cycle. Furthermore, the impact is likely to be low in the long term due to advancement in technology, resulting in a better solution to manage emergency situations as well as system failure.

Incident and Emergency Management Market: Prominent Regions

In terms of region, the global incident and emergency management market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the incident and emergency management market in 2019, with majority revenue share and is expected to continue its dominance over the forecast period from 2018 to 2030.  The deployment rate of the system for Asia Pacific is highest due to lack of infrastructure and technology and to manage such risks. In addition, globally, Asia Pacific is the region where floods and earthquakes hit most frequently and the damage within the region is very high compared to other regions.

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Hence, Asia Pacific holds prominent share of the incident and emergency management market. The incident and emergency management market in Asia Pacific is expected to reach US$ 14,113.4 Mn by 2030 from US$ 5,347.0 Mn in 2019, expanding at a CAGR of 9.4% during the forecast period. The North America incident and emergency management market is expected to reach US$ 12,501.1 Mn by 2030 from US$ 6,403.5 Mn in 2019, and expand at a CAGR of 6.3% during the forecast period. The climate in North America is becoming warmer and drier, which has led to increase in floods and the droughts.

Flood monitoring systems have the potential to reduce the risk of loss and therefore, are being adopted to take preventive measures. Thus, North America is expected to hold significant share of the incident and emergency management market. The United States is expected to dominate the incident and emergency management market, as despite a large wetland in the region, 17% of all the urban land in the United States is located in the “100-year” or high-risk flood zone. The western part of the United States is highly prone to flood. The deployment in the U.S. is highest within North America to reduce the risk of damage.

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Automotive Transmission Market Outlook, Revenue, Trends and Forecasts Research Report 2020-2025

The global automotive transmission market is largely consolidated in terms of its vendor landscape, partly owing to the presence of very few manufacturers that solely operate in the field and the preference of several leading auto-makers to in-house manufacturing of transmission systems in collaboration with some tier-I companies, observes Transparency Market Research in a recent report. This has led to a scenario wherein other transmission system manufacturers are left with very little scope of expansion. For sustainable returns, companies could benefit from strategic alliances with leading auto-makers. Some of the leading players in the market are Eaton Corporation, Continental AG, Allison Transmission, ZF Friedrichshafen AG, Borg Warner, Magana International Inc., JATCO, and Aisin Seiki.

According to the report, the global automotive transmission market was valued at US$30.02 bn in 2016 and is projected to rise to US$53.20 bn by 2025, registering a CAGR of 6.6% from 2017 to 2025.

In terms of the type of transmission chiefly used in automobiles, namely manual and automatic, the segment of manual transmission is presently the clear leader. Low cost of vehicles with manual transmission, well-established market for manual transmission vehicles, and lack of awareness among consumers regarding the vast benefits of automatic transmission have worked in favor of the manual transmission segment so far.

Geographically, the rising uptake of passenger vehicles across emerging economies such as India and China, the market for automotive transmission in Asia Pacific is likely to emerge as the most lucrative one. The market in North America is also expected to exhibit a promising pace of expansion owing to the demand for vehicles with advanced transmission systems.

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Rising Focus on Achieving Improved Fuel Economy Drives Major Developments in Market

While the continuous rise in demand for passenger vehicles across emerging economies forms the central factor driving the steady expansion of the market, a number of factors are also leading to vast changes in the way the market is developing. Factors such as changing preferences of consumers in terms of vehicle performance, the need for improved fuel economy of vehicles, and higher power requirements are pushing automotive companies and transmission system manufacturers to invest more in research and development activities. Moreover, automobile manufacturers are also continuously undertaking research efforts to improve vehicle performance so as to reduce transmission power response time and meet carbon emission norms.

The scenario has resulted in the development of technologically advanced products such as continuous variable transmission (CVTs), 9-speed automatic transmission, and dual shafts gearboxes (DSG). The increased demand for automatic transmission in entry-level vehicles, especially across emerging economies such as India, Brazil, and Mexico owing to the added convenience and comfort offered by automatic transmission, is also working in favor of the market.

Lack of Awareness Regarding Benefits of Automatic Transmission Continues Limit Growth

The market struggles to exploit its full potential across regional markets that feature consumer that lack the awareness regarding the vast benefits of advanced transmission systems and are highly sensitive regarding the cost of advanced vehicles. Several economies with a thriving automotive industry due to the rising disposable incomes and increased uptake of passenger vehicles, such as India, China, Mexico, and Brazil, still showcase the dominance of vehicles boasting manual transmission. While lack of awareness is largely attributable for this scenario, the high cost of vehicles with advanced transmission systems also plays a notable role.

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This review of the global automotive transmission market is based on a recent market research report by Transparency Market Research, titled “Automotive Transmission Market (Transmission Type – Manual Transmission, Automatic Transmission (Continuous Variable Transmission (CVT), Dual Clutch Transmission (DCT), and Automated Manual Transmission (AMT)); Vehicle Type – Passenger Vehicle, Commercial Vehicle (Light Commercial Vehicle, Heavy Commercial Vehicle, and Buses and Coaches), and Electric Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2025.”

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Automotive Smart Home Integration Market Analysis, Demand, Growth Driver and Industry Segments by 2030

 

• Technological advancements in information technology and artificial intelligence are expected to drive the global automotive smart home integration market. Numerous automakers across the globe have started integrating personal assistant technologies into their vehicles.
• For instance, automakers including Ford, BMW, and Nissan have incorporated Amazon’s AI assistant, Alexa, into their select models. Smart home integration technology enables control over more than 1,000 different home devices through various platforms including tablets, smartphones, and vehicle dashboards.

Key drivers of Automotive Smart Home Integration Market

• Rise in demand for luxury features among consumers across the globe is expected to drive the global automotive smart home integration market. Smart home integration technology enables consumers to perform various activities including shopping, controlling home appliances including refrigerators, washing machines, remotely, through internet connection. For instance, Toyota Prius comes with built-in AI Assistant – Alexa and integration of home skills API (Application Programming Interface), which enables consumers to control various functions ranging from ordering grocery deliveries to preheating the oven from inside the vehicle.
• Technological advancements, in terms of IoT (Internet of Things) and connected car technology, are anticipated to propel the global automotive smart home integration market. According to a report, over 90 million vehicles are expected to have connected cars technology by 2021. Major strategies adopted by automakers include investments & expansions, contracts & agreements, and new product launches. Moreover, mergers & acquisitions have emerged as a key strategy among key players, as companies look to strengthen their service offerings and geographic market reach by offering their products. Additionally, major players are anticipated to increase investments toward R&D of Artificial Intelligence (AI).

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• For instance, Honda Motors has developed its own smart home concept that produces more electricity than it consumes. This technology aims to provide an electricity surplus that would enable homeowners to charge their electric vehicles. All of this is controlled by a dedicated AI that distributes energy smartly throughout the home appliances.
• However, disruptions in supply chain catering to the automobile industry, owing to the shutdown of production and manufacturing facilities caused by the coronavirus pandemic across the world, is estimated to contract the market in 2020-2021. Consequently, the coronavirus pandemic has hampered the global automotive smart home integration market.
• The global automotive smart home integration market is anticipated to recover by increasing integration of smart home API coupled with a rise in production volume of vehicles in 2021. This, in turn, is projected to offer lucrative opportunity to players operating in the supply chain of the automotive anti-pinch window market during the forecast period.

Automotive Smart Home Integration Market: Restraint

• The smart home integration requires smart home appliances to control them remotely. Additionally, both AI-assistant and smart home appliances require continuous internet connection. Smart appliances are more expensive than traditional appliances and the cost of internet connection is an additional periodic expense. Therefore, the high purchase cost of smart home appliances coupled with high operation cost of the technology is projected to restrain the global automotive smart home integration market.

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North America and Europe combined to account for prominent share of global automotive smart home integration market

• In terms of region, the global automotive smart home integration market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
• North America and Europe have presence of economically stable countries. These regions are also home to technologically advanced research institutes catering to the development of AI technologies. Additionally, major players have established their technological centers and manufacturing facilities in various countries including the U.S., Germany, the U.K., and France. All the factors mentioned above contributed to the major share held by these regions in the global automotive smart home integration market.

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Automotive Active Health Monitoring System Market Trend, Drivers and Growth Rate, Forecast by 2030

According to the report, the global automotive active health monitoring system market is projected to reach ~US$ 10 Bn by 2030, expanding at a CAGR of 32% during the forecast period. The global automotive active health monitoring system market is likely to expand at a CAGR of 32%. Rise in demand for safety features in vehicles and initiatives by governments and OEMs in driver health monitoring are boosting the usage of active health monitoring system, which is anticipated to augment the global automotive active health monitoring system market during the forecast period.

Several OEMs are focusing on the research and development of active health monitoring system in terms of its location under the driver’s seat. Hence, it is likely to be introduced before the dashboard health monitoring system. The dashboard segment is projected to expand at a higher growth rate due to the dashboard active health monitoring system’s integration in the vehicle and combination with other technologies such as active drowsiness system, as it is it is highly cost-effective, as compared to the seat type active health monitoring system.

Expansion of Automotive Active Health Monitoring System Market

The expansion of the market can be attributed to an increase in chronic illness across the globe, owing to unhealthy lifestyle, poor diet, and increase in stress level. The leading cause of death in the U.S. is chronic diseases. In 2012, 117 million people had one or more chronic health conditions, and one in four adults had two or more chronic health conditions. Likewise, in Europe, chronic diseases is a major cause of road accidents-related mortality.

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According to the World Health Organization, in Europe, more than one-third of the population above the age of 15 has chronic disease. Major OEMs, such as Audi, BMW, Mercedes, Ford, Volkswagen, and Volvo, are taking initiatives in driver health monitoring by providing features, such as driver attention and drowsiness detection, by using driving inputs, cameras, and biomedical sensors. These factors are likely to propel the active health monitoring system market during the forecast period.

The dashboard health monitoring system has comparatively more components; hence, it is more expensive. However, the dashboard segment is likely to expand at a rapid pace due to higher functionality provided by the system. Consequently, the dashboard segment is likely to dominate the automotive active health monitoring system market during the forecast period. In terms of vehicle type, the passenger vehicle segment is expected to dominate automotive active health monitoring system market. Passenger vehicle is a highly lucrative segment and is projected to account for a higher share of the market, owing to the higher rate of adoption and vehicles transitioning toward ride safety. The automotive active health monitoring system is still in the testing and introduction phase, which is expected to witness significant adoption due to a rise in safety and security concerns.

Regional Analysis of Automotive Active Health Monitoring System Market

In terms of region, Europe is expected to be a highly attractive market by the end of 2021, in terms of revenue, followed by North America and Asia Pacific. North America is likely to hold a prominent share of the market during the forecast period, owing to the higher implementation of the active health monitoring systems in vehicles in the U.S. People in North America and Europe are facing health issues such as obesity, high/low blood pressure, diabetes, and they need a system that is likely to monitor the vital health signs of an individual.

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Prominent players operating in the global automotive active health monitoring system market include Faurecia, TATA Elxsi, and Plessey Semiconductors. Major OEMs such as Audi, BMW, Mercedes, Ford, Volkswagen, and Volvo are taking initiatives in driver health monitoring by providing features, such as driver attention and drowsiness detection, by using driving inputs, cameras, and biomedical sensors.

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Automotive Lubricant Market Trends, Segmentation, Key Players, Application And Forecast

Transparency Market Research has published a new report titled, “Automotive Lubricant Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive lubricant market is anticipated to surpass US$ 120 Bn by 2026, expanding at a CAGR of more than 4% during the forecast period.

Increased number of on-road vehicles, globally, is driving the automotive lubricant market. Average age of vehicles has increased with more number of people preferring to retain their vehicle. Consequently, an increased number of ageing vehicles on the road need maintenance, thereby driving the demand for automotive lubricant.

Demand for lower viscosity oils has increased due to their ability to improve engine performance and fuel economy. OEMs are recommending lower viscosity lubricants and shifting the OEM and aftermarket demand toward better quality synthetic /semi-synthetic oils. Consumers are becoming more aware about maintenance of their vehicle’s health. Synthetic/Semi-synthetic oils are expensive but have longer drain interval time and hence, adoption of these oils is a win-win situation for both manufacturers and consumers.

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Therefore, the market is moving toward higher value lubricants. API or API-equivalent standards are followed globally in order to curb rising emission and maintain minimum performance of lubricants. Rising performance requirements are prompting OEMs to seek better quality lubricants, which in turn is boosting the automotive lubricant market.

Vehicle users in North America and Europe prefer automatic transmission, which contributes to the high demand for automatic transmission fluid (ATF) in these regions. Asia Pacific is witnessing a technology shift from manual to automatic transmission, owing to the rising demand for continuously variable transmission and dual clutch transmission. This is expected to drive the demand for ATF in the region.

In terms of sales channel, the aftermarket segment is expected to dominate the global automotive lubricant market. Automotive lubricants require periodic replacement and hence, the demand for lubricants in the aftermarket is high. OEMs have different lubricant specifications in different countries. However, OEMs are converging to maintain same portfolio across the global market in order to simplify marketing and distribution.

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Key players operating in the global automotive lubricant market include Royal Dutch Shell plc, ExxonMobil Corporation, BP p.l.c., Chevron Corporation, Total S.A.., Sinopec Corporation, Fuchs Lubricants Co., LUKOIL, Phillips 66 Company, Valvoline LLC, Repsol S.A., JXTG Nippon Oil & Energy Corporation, Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Petrobras, and Morris Lubricants. The market is largely fragmented due to the presence of several public-sector companies.

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