Friday, 27 November 2020

Pre-shave Products Market Dynamics, Applications and Emerging Growth Factors 2027

 

  • Pre-shave products are used for an extra protection layer on the skin during shaving. It improves the quality of shaving by loosening up the skin cells. Pre-shave products include a wide range of products such as cream, oil, and soap. Increasing importance of personal grooming due to changing corporate culture is surging the shaving products market which is leading to the demand for pre-shave products. Significant growth in spending on personal care products over the last few years is expected to create a positive influence on the pre-shave products market in the coming years.
  • Several developing countries are seeing a rising demand for pre-shave products owing to the corporate culture and growing purchasing power of consumers, which is leading to growth in spending on personal care products.  Increasing number of salons and barber shops is also expected to boost the global pre-shave products market in future.

Key Drivers of the Global Pre-shave Products Market

  • Significant surge in the personal care products market across the globe and increasing preference for organic products are major driving factors of the pre-shave products market. Manufacturers are adopting different natural and organic ingredients to manufacture skin friendly products which is expected to create a positive influence on the pre-shave products market. They are also focusing on product branding and marketing through social media and other advertisement channels which also attracts a vast number of customers.
  • Development of modern distribution channels have benefited leading manufacturers, enabling them to reach out to customers of different regions. Availability of a wide range of products under one roof and several offers and discounts are attracting customers. These factors are also anticipated to surge the global market in the coming years.
  • Leading companies in personal care products manufacturing are spending significant amounts on research and development to introduce new products according to consumer requirement and are also focusing on customer specific formulations of products. This is also uplifting the market demand across the globe.

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Pre-shave Products Anticipated to Create Attractive Opportunities in Future

  • Consumers in developing economies such as Asia Pacific and Africa are anticipated to create huge demand for pre-shave products in the coming years. Changing consumer lifestyle and westernization coupled with growing purchasing power are expected to create lucrative opportunities for the pre-shave products market during the forecast period.

North America and Europe Anticipated to Dominate the Global Pre-shave Products Market

  • North America and Europe hold leading share in the global pre-shave products market due to increasing demand for personal care and beauty products. Presence of several leading manufacturers is expected to create a positive influence on the regional market. Developed countries in these regions are showing significant increase in demand for organic and natural products due to growing awareness about adverse effect of chemicals which is also encouraging the pre-shave products market in these regions.
  • Growing purchasing power, increasing standard of living, and changing lifestyle in emerging countries across Asia Pacific is expected to boost the market growth in this region. Growing preference for personal care products is also a promising factor for manufacturers of pre-shave products to expand their business.
  • Middle East & Africa, and South America are also expected to show enhanced demand for personal care products. Increasing population and disposable income across South American countries is expected to create a positive influence on the regional pre-shave products market in the coming years. .

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Key Players Operating in the Global Market

The global pre-shave products market is moderately fragmented with several manufacturers, accounting for around 15% – 20% share of the global pre-shave products market. Some of the key manufacturers operating in the global pre-shave products market are:

  • Acqua Di Parma Srl
  • Beiersdorf AG
  • Bold For Men
  • Helios Lifestyle Private Limited.
  • Johnson & Johnson Services, Inc.

Aerospace 3D Printing Market Is Expected To Witness Lucrative Growth Over The Forecast Period Till 2024

3D printing of parts is a new technology that has come up with the potential to transform the way enterprises build new products, including parts for defense and aerospace. This new manufacturing process is known as 3D printing or additive manufacturing. This technology involves manufacturing physical objects by printing one layer at a time, using special material deposition devices and digital models. This generation’s 3D printing equipment has evolved in a short span of time and is capable of producing complex components among different types of materials which includes titanium, steel, aluminum, and different variety of plastics. Thus because of its potential, 3D printing is gaining importance in various manufacturing and fabricating sectors.

The aerospace sector recognizes the unique competence of 3D printing and is pursuing ways to exploit these competences. For example, Boeing is utilizing 3D printing to manufacture plastic interior parts out of nylon and polyetherimide for their test evaluation and prototype units. Boeing is utilizing 3D printing technology to swiftly manufacture tools for making composite parts. Additionally Pratt & Whitney aerospace company is investing extensively in a state-of-the-art 3D manufacturing center in association with the University of Connecticut.

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The 3D printing technology in the aerospace sector, generally in plastic, has developed into a mainstream prototype fabrication practice of aerospace parts. This technology empowers designers to skip the fabrication of tools and go straight to finished parts. Although printing a prototype component may consume several hours, it is still considerably faster than manufacturing tools that are then used to manufacture prototype parts. This capability to swiftly manufacture prototypes allows engineers to authenticate design concepts much faster, thus speeding up the overall improvement process.

The major drivers driving the aerospace 3D printing market are factors such as efficient use of raw materials, accuracy, customizable product creation and reduction of errors while manufacturing of parts. The above mentioned factors are going to push the 3D printing market towards its growth during the forecasted period from 2016 – 2024.

The aerospace 3D printing market can be segmented into six broad categories. By material type, by form, by process, by technology, by software, and by application. By material the aerospace 3D printing market can be further segmented into plastics, metals, ceramics, and others. By form, the market is segmented into filament, powder, and liquid.

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By process, the market has been segmented into binder jetting, material extrusion, direct energy deposition, powder bed fusion, sheet lamination, material jetting, and vat photo-polymerization. By technology the market has been further divided into stereo lithography, Selective Laser Sintering (SLS), Fuse Deposition Modeling, Direct Metal Laser Sintering (DMLS), polyjet printing, inkjet printing, Laminated Object Manufacturing, Digital Light Processing (DLLP), Electron Beam Melting (EBM), and Laser Metal Deposition (LMD). Additionally the global aerospace 3D printing market has been further divided into five regions; they are North America, Asia Pacific, Middle East, Europe, and Africa and Latin America.

North America was the market leader in the aerospace 3D printing market in the year 2015. 3D printing is generally used in major industrial manufacturing sectors such as aerospace & defense, and healthcare companies. For example, GE utilizes laser-powered 3D printers to make products and parts for the aerospace industry.

Continuous technological developments and monetary support from the government is also propelling the market for aerospace 3D printing in the North America region. The market for aerospace 3D printing in Asia Pacific is expected to grow at a prime rate during the forecast period from 2016 – 2024. This tremendous growth can be attributed to government funding and initiatives in research and development in the Asia Pacific region.

Major players in this industry are EOS GmbH (Germany), Organovo Holdings Inc (U.S.)., 3D Systems Corporation, Stratasys Ltd (U.S.), Solvay S.A.(Belgium), Sandvik (Sweden) and Höganäs AB (Sweden) among others.

Commercial Aircraft MRO Market Company Profiles and Key Regions 2028 Available at Market Reports World

Aircraft Maintenance, repair and operation (MRO) is a term used for routine checks, overhauls, inspections, modifications and repairs carried out on the component and the aircraft. Commercial Aircraft MRO plays a significant role in extending and sustaining the life span of an aircraft. Repair, revamp and protection of commercial aircraft are functions of commercial aircraft MRO. Maintenance, repair and operation software help engineers and technicians and engineers. Commercial Aircraft MRO Software which improves supply chain communication ultimately helps in reducing costs and material supply time resulting in increased system and material availability. 

Global Commercial Aircraft MRO Market: Key Segments

The global commercial aircraft MRO market can be segmented on the basis of type of maintenance and geography. Line maintenance, component MRO, airframe MRO, modifications and engine MRO are the classification based on the type of maintenance. On the basis of geography, global commercial aircraft MRO market is divided into the Americas, Europe, Middle East and APAC regions. Line maintenance performed approximately every 150-200 flight hours; engine overhaul performed approximately every 12-18 months and component MRO performed approximately every 3 months.

Global Commercial Aircraft MRO Market: Drivers & Restraints

Some of the drivers for global commercial aircraft MRO market are launch of new airlines and expansion of existing fleets among others. Growing demand from developing economies is acting as the main reason for the growth of Commercial Aircraft MRO Market. Increased focus of OEM on MRO activities and increased efforts on fuel efficiency is driving global Commercial aircraft MRO market.

Owing to aircraft safety, Commercial Aircraft MRO maintenance has evolved to grow to be a key market within the industry of aviation. Original equipment manufacturers are expected to expand with after sale services. Players are emerging from within developing markets due to rising demand. The constant demand for air travel provides Commercial Aircraft MRO’s with abundant opportunities with the preface of a huge number of new aircraft.

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With the mounting Air traffic, carriers are more tending towards maintaining their current fleets rather than buying new aircrafts as costs incurred in buying a new aircraft are significantly higher than maintenance of the existing fleet. The long term growth of the global commercial aircraft MRO market is significantly related to the air transport industry, increasing fleet sizes and aircraft journeys. Strict rule on aircraft maintenance ensure that Commercial Aircraft MRO Market is constantly required by airline carriers.

Western Europe and North America commercial aviation MRO market is expected to show continue growth with a strong influence. South America, Middle East and Central Asia aircraft market are providing a variety of opportunities for business. Commercial aviation MRO market in Middle East is growing at a faster rate than the worldwide average of Commercial Aircraft MRO market. Retaining and attracting technical talent has consistently been a challenge for the Middle East aircraft MRO market.

MRO in North America is expected to suffer due to large scale fleet replacement. Eastern Europe is expected to enjoy notable market due to Russian fleet replacement. MRO Labor cost varies from region to region. The factors like maintenance cost, MRO capabilities, customer services, quality of work and ferry cost are making outsourcing an accurate option in Global commercial aircraft MRO market.

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Global Commercial Aircraft MRO Market: Key Players

Some of the global players in global commercial aircraft MRO market are Singapore Technologies Aerospace, Hong Kong Aircraft Engineering and AAR among others. Other vendors in global commercial aircraft MRO market are Greenwich Aero Group, GE Aviation, Air France Industries, Abu Dhabi Aircraft Technologies, KLM Engineering and Maintenance, Triumph Group and Turkish Technic.

Airline IoT Market Statistics 2020: Top Impacting Factors That Can Win the Industry Worldwide

The demand within the global market for airline IoT has been rising on account of advancements in the aviation industry. The use of Internet of Things (IoT) in the aviation industry has paved way for several new technologies and growth avenues. The management of flights and passengers has become much easier post the induction of IoT in aviation. The commendable pace of development across airlines and carriers is a trend that cannot be undermined.

Before delving into the growth dynamics of the global airline IoT market, it is essential to appreciate the voluminous load of passengers in the aviation industry. The presence of a several providers for flights has led to greater deployment of IoT technologies in aviation. This factor has in turn given an impetus to the growth of the global airline IoT market. The presence of a well-performing aviation industry has also played a major role in the growth of the global airline IoT market. It is projected that the total worth of the global airline IoT market would continue to increase in the years to follow.

The global market for airline IoT is segmented on the basis of the following parameters: application, component, and region. The segments of the global airline IoT market need to be analyzed before gauging market growth.

A report added by Transparency Market Research (TMR) on the global airline IoT market is a deft explanation of the trends and opportunities that have aided market growth. The report is a distinct account of all the factors that have emerged as drivers of demand within the global airline IoT market. Moreover, an analysis of the regional segments pertaining to the global airline IoT market has also been included therein. The leading vendors in the global airline IoT market have been enlisted in the report.

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Global Airline IoT Market: Trends and Opportunities 

The global market for airline IoT holds lucrative prospects for growth, and this is a key consideration from the perspective of vendors. The need for managing the increasing load of passengers across airports has compelled airline to deploy IoT services. Furthermore, the need for tagging bags, navigating routes, and identifying radio frequencies for flight operations has also played a vital role in market growth. It is expected that the advent of smart airlines across the globe would play a crucial role in the growth of the airline IoT market.

Global Airline IoT Market: Market Potential 

The global market for airline IoT is expected to witness the inflow of momentous revenue in the years to come. The need for better management of flights has generated commendable opportunities for growth within the global airline IoT market. Furthermore, the need for precise flight navigation has also created an array of opportunities in the global airline IoT market. The need to store flight data is another key factor that has played a major role in market growth.

Global Airline IoT Market: Market Potential 

Based on geography, the global market for airline IoT has been segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The market for airline IoT in North America is expected to expand at a starry pace in the years to come. This owes to the wellness of the aviation industry in the US and Canada.

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Global Airline IoT Market: Regional Outlook 

Some of the key vendors in the global airline IoT market are SAP SE (Germany), Huawei Technologies Co., Ltd (China), Cisco Systems, Inc. (US), SITA (Switzerland), and IBM Corporation (US).

Battery Management System Market by Classification and Geographical Forecasts by 2027

A recent Transparency Market Research report states that global battery management systems market is expected to witness an exceptional growth during the forecast period of 2019 to 2027. According to the report, the market is anticipated to witness 18.5% CAGR during the projected tenure. The growth of the market is attributed to the rapid escalation of the power demand in various part of the globe. Both domestic and industrial domains have massive power consumption and interruption in power supply can disrupt their productivity.

Based on these demands, the industries are investing power back-ups that can sustain power cuts keeping the productivity at a sustainable level. Majority of the time, these back-ups are battery driven and hence it gets crucial for the businesses to have a long lasting battery life. As a result of these demands, the battery manufacturers are developing services that can help businesses to manage their battery consumption. Due to these requirements, the global battery management systems market is expected to witness the projected growth between 2019 and 2027.

There are several industries that harness the benefits of battery management systems, especially automotive industry. The applications of these systems in automotive industry is so high that the market is projected to reach to the value of US$ 16.6 bn by the end of 2027. In terms of use, the demand for alternative propulsion systems to reduce the usage of conventional fuels is the major factor that boosts the growth of global battery management systems market.

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Additionally, the demand for the better running and operations of machines in the manufacturing business also drives this growth. It is noticeable that the global battery management systems market is highly competitive and fragmented. This is because of numerous players that dominate the dynamics of the global battery management systems market.

To withstand this competition, the business dealing this market are planning and conducting strategic mergers and collaborations. This allows the players to accommodate or get access to the resources that can help them achieve a sustainable future in the global battery management systems market.

On the other hand, established players are acquiring various small and medium scale businesses to enhance their dominance in the market. Additionally, research and development is one strategy that allows both new players and veterans to bring innovative solutions in the global battery management systems market. With this strategy they can acquire new clients that can propel their profit in the projected time frame.

North America Dominates the Regional Front of the Markety

On the basis of geographical point of view, North America is expected to remain dominant over other regions of global battery management systems market. This is because players like Tesla, Ford, and General Motors are developing new electric vehicles that can match the performance of conventionally driven cars. Moreover, sheer number of players dealing battery management systems market is also major factor responsible in the growth of North America.

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Dominance of Li-ion in Type Category

Li-ion or Lithium ion batteries are most extensively used batteries in the world. These batteries are used from consumer electronics such as smartphones and laptops to electric vehicles. These batteries have better stability than any other batteries that are available in the market. Due to this extensiveness of the applications and benefits such as long life, extended operational time, and ease of availability, players of global battery management systems market are developing new systems that can enhance the performance of these batteries. Due to this the segment is expected to dominate the type categorization of global battery management systems market from 2019 to 2027.

The study presented here is based on a report by Transparency Market Research (TMR), titled, “Battery Management System Market (Battery: Lithium-ion-based, Lead-acid-based, Nickel-based, Flow Batteries; Tropology: Centralized, Distributed, and Modular; and Application: Automotive, Consumer Electronics, Medical and Healthcare, Military and Defense, Renewable Energy Systems, Telecommunications) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027.”

Wednesday, 25 November 2020

Wire Harness Market: Leading Segments and their Growth Drivers 2020-2030

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

The global wire harness market is broadly affected by several factors, including rising demand for wire harnesses aligned with the growing demand for electric vehicles. Thus, expanding usage of wire harnesses in different segments is propelling the global wire harness market.

Wire Harness Market: Dynamics

Powering automotive, medical devices, aerospace, and electronics manufacturing industries worldwide have created a robust foundation for wire harness manufacturers. Considering the demand from the automotive industry alone, the rising electronics and electrical complexity in vehicles today has been a key driver for the wire harness market. New generation vehicles at times contain more than 150 pounds of wiring, which subsequently results in application of thousands of wire harnesses in a single vehicle.

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Despite the drop in sales of electric vehicles in 2020, their demand is projected to grow in the long term, as batteries become more affordable and the charging infrastructure becomes more widely available. This trend in electric vehicle production and distribution is expected to have a significant impact on the wire harness market.

Furthermore, the increase in electrical and electronic features in modern vehicles is placing more emphasis on wiring harnesses that transmit power and signals between actuators, sensors, and ECUs. The continued development of advanced driver assistance systems (ADAS) and electric powertrains has been particularly impactful, as they require additional sensor hardware and specialty wiring to transmit data and power. Furthermore, increasing demand for driver assistance systems and electrically propelled cars are driving growth in the wire harness manufacturing industry.

Wire Harness Market: Prominent Regions

The demand for wire harnesses in the Asia Pacific region is estimated to expand at a faster pace than any other region. Europe and North America hold a prominent position in the overall wire harness market due to rising application of wire harnesses across myriad verticals, including transportation, automobiles, appliances, and electrical equipment in prominent countries, which include the U.S., the U.K., Canada, France, Germany, and various other European countries. The explosive trend of electric vehicles and their adoption across the globe is likely to boost the growth of the wire harness market all over the globe.

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Wire Harness Market: Key Players

Key players operating in the global wire harness market are Aptiv Plc, Fujikura Ltd. Furukawa Electric Co., Lear Corp. LEONI AG, THB Group, Yazaki Corporation, Sumitomo Electric Industries Ltd., Motherson Group, and AmWINS Group Inc.

Non-residential Air Handling Units Market: High-growth Regions to Expand Geographic Footprint 2020-2027

 

  • Industrial manufacturing or processing plants generate high levels of pollution due to high airflows. These pollutants are aggressive and affect people as well as machinery.
  • Demand for air handling units in commercial and industries applications have increased due to increasing awareness about fire protection, cleanliness, ventilation control, and low noise levels.
  • Advancement in ventilation systems along with the innovations in non-residential air handling units have increased the demand for products with higher capacity and low operation noise.
  • Air handling units take in air, condition it, and regulate and circulate the air via ductwork. The capacity of the non-residential air handling unit depends on the structure of the premises, application, and nature of work in the premises.

Increasing Awareness Drives the Global Non-residential Air Handling Units Market

  • Hospital and healthcare environments are very sensitive for medicines as well as patients. Hospitals have research labs, operation theaters, and wards. Operation theaters lay a high premium on cleanliness and ventilation due to strict regulations.

Growth in Number of Offices and Industries to Drive the Non-residential Air Handling Units Market

  • Office buildings require good ventilation systems and heat recovery and supply of reheated air depending on the external conditions. Many of the offices generate excess heat produced by people, solar radiation, lighting, computers, and other equipment. Likewise, commercial buildings, manufacturing plants, and processing industries also generate high levels of pollutants. These aggressive pollutants can cause breathing issues, skin irritation, etc. Demand for non-residential air handling units has increased due to health standards and government regulations.

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North America to Hold Leading Share of the Global Non-residential Air Handling Units Market

  • Geographically, the global non-residential air handling units market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the non-residential air handling units market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the non-residential air handling units market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America non-residential air handling units market is segmented into Brazil, and Rest of South America.
  • North America dominates the market share due to consumer awareness about the advantages of the product. Constant technological advancement in the product and its accessories drives the demand for non-residential air handling units in the region
  • However, the market in Asia Pacific is anticipated to expand at the fastest CAGR during the forecast period. Increasing manufacturing industries in the region along with government regulations is expected to increase the demand for the product during the forecast period.

Key Players Operating in the Non-residential Air Handling Units Market

The non-residential air handling units market is competitive with a handful of global and regional players. Major players adopt various strategies such as regional expansion and product portfolio expansion to enhance their position in the market.

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Companies are expanding their business across different regions to cater to the demands of consumers. A few of the key players operating in the global non-residential air handling units market are:

  • AL-KO Kober
  • Carrier Corporation
  • Daikin Industries, Ltd.
  • Johnson Controls
  • Munters
  • Nortek Global HVAC
  • SINKO INDUSTRIES LTD.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...