Air Deflector Market Global Insights and Trends 2021 to 2026

According to a new market report published by Transparency Market Research “Air Deflector Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”, the global air deflector market for automotive is expected to expand at a CAGR of about 4% and is anticipated to surpass the US$ 15 Bn mark by 2026.

The global automotive air deflector market is predicted to expand at a CAGR of about 4% between the forecast years 2018 and 2026, according to a new research report published by Transparency Market Research (TMR). According to the report, the automotive air deflector market is expected to be driven by the enriched look of the vehicle with air deflectors and its ability to allow the fresh air to enter inside the vehicle cabin by partially rolling down the windows. Asia Pacific is expected to be at forefront of the global market, and the market is likely to expand at a CAGR of above 4.0% during the forecast period.

Enhanced appearance of the vehicle, improved vehicle aerodynamics, marginal but increased vehicle efficiency, and better vehicle control at high speeds are key drivers of the automotive air deflector market. Increased demand for vehicle speed, consumer tendency for SUVs, and consumer preference for efficient and inexpensive vehicle accessories are likely to boost the market in the near future.

Windows air deflectors are mostly preferred by consumers as they are easily available in the market and easy to fit. In North America and Europe, it is mandatory for windows air deflectors and bug deflectors to be transparent, and hence, manufacturers prefer acrylic material to manufacture them. Moreover, windows air deflectors and bug deflectors are made transparent in order to avoid distraction for the driver. The automotive industry in Europe and Asia is has been witnessing an increase in demand for SUVs and family cars for the last few years. SUV owners prefer to have front spoilers on their vehicles as it enhances the appearance of the vehicle. The front air spoiler segment is expected to expand at a CAGR of about 4% during the forecast period owing to the consistently increasing demand for SUVs.

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Besides acrylic, the fiberglass material segment is likely to lead the automotive air deflector market. Manufacturers are preferring fiberglass for front air spoilers, roof air spoilers, and bug deflectors owing to its excellent corrosion resistance, superior molding ability, light weight, rich appearance, and cost effectiveness. Therefore, the fiberglass segment of the automotive air deflector market is anticipated to expand at a CAGR of 4.5% between 2018 and 2026.

Air deflectors can be mounted by different methods; however, among them, the tape-on method is mostly preferred by consumers. In this method, a double-sided automotive grade tape is utilized to stick the deflector over the vehicle surface. There is no need to drill the vehicle surface, which spoils the appearance and body of the vehicle. Therefore the tape-on air deflector segment is predicted to hold a major share of the market owing to its ease of mounting and dismounting. The segment is likely to expand at a CAGR of 4.2% during the forecast period.

Molding is a highly preferred manufacturing process for automotive air deflectors, due to its ease of manufacturing complex shapes, speed of manufacturing, high strength of manufactured component, and cost-effectiveness. This segment is expected to expand at a CAGR of more than 4% during the forecast period. Demand for deflectors, especially for windows air deflectors and front air spoilers, is increasing along with the rise in demand for vehicles. Considering this demand, most OEMs are providing deflectors as a standard or optional components. Consequently, the OEM segment of the market is projected to expand at steady pace during the forecast period. In terms of volume this segment is expected to expand at a CAGR of about 3.4% between 2018 and 2026.

In this report, the air deflector market is analyzed for passenger vehicles and commercial vehicles. In 2017, in terms of revenue, the passenger vehicle segment held a major share of the air deflector market. Lower number of vehicles per thousand people in Asia Pacific and the countries in Middle East & Africa, increased per capita income and economic stability, and enhanced infrastructure facilities in rural areas, are indirectly boosting the demand for passenger vehicles in these regions. Demand for SUVs has been increasing significantly for the last few years. In 2017, 40% of total passenger vehicle sales in Europe were SUVs. This increase in demand for SUVs is likely to propel the automotive air deflector market in the region during the forecast period.

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Asia Pacific held a prominent share of the global automotive air deflector market in 2017. Asia Pacific consists of the world’s most populated countries such as China and India, which are significant markets for automotive and related industries. Japan has about 90% of penetration for windows air deflectors, and other types of deflectors also witness a significant demand. Asia accounts for a major share of the global passenger vehicle market. Consequently, Asia Pacific accounted for more than 50% share of the global automotive air deflector market.

Global automotive air deflector market is experiencing a lack of globally operating players. Most players in this market are operating at local and regional level. Key players operating in the automotive air deflector market include Hatcher Components, Piedmont Plastics, Spoiler factory, DGA, ELLEDI srl – P.I. e C.F., and Lund International. Recently, Hatcher Components have launched smart spoilers that adjusts according to the height of the trailer. The company claims that this spoiler is likely to enhance convenience, as no manual intervention is required.

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Electric Shavers Market Developments, Competitive Analysis, Forecasts 2024

Grooming is one of the basic manner that every individual is specifically focusing on. Be it how they look or how the dress themselves up, people are extremely cautious these days about their looks and appearance. This has stimulated the business for several companies that are dealing in this industry. These businesses are developing new tools, devices, clothes that can give the consumer a makeover and their business a significant boost. One device in particular is gaining major traction in grooming domain i.e electric shaver. These electric power reduce the time consumed in trimming the beard or removing unwanted hairs from the body. Looking at the popularity, Transparency Market Research has published a report on global electric shavers market.

According to report, the global electric shavers market is projected to witness a substantial 5.7% CAGR between 2016 and 2024. This growth rate is the result of, various players capturing the opportunities that the market offers. With the businesses advancing in global electric shavers market, it is anticipated by the experts that the market shall reach to a value of US$ 17.72 bn by the end of 2024. It is noticeable that the global electric shavers market stood strong at US$ 10.8 bn at the end of 2015.

Though there are several opportunities in the global electric shavers market, it is not easy for new players to enter the global electric shavers market. This is because the market is predominantly consolidated. This is because the dynamics of the market is dominated by few prominent players that hold majority of the share of global electric shavers market.

To overcome these challenges, the new players are merging and partnering with some of the prominent players. These strategies are allowing the players to accommodate essential resources that can help them achieve a sustainable future in the competitive landscape of global electric shavers market.

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On the flip side, the veterans of the market are focusing and investing on acquisitions. These acquisitions help the businesses to expand their operations in multiple regions along with boosting their production capacity. Acquisitions also allow the players to gain access to the resources of the acquired business that can help them strengthen their grip over global electric shavers market in the projected time frame.

Product Category to Be Dominated by Clippers Segment

On the basis of product type, the global electric shavers market is segmented into clippers, wet/dry shavers, shavers, and rotary shavers. Out of these segments, the clippers are anticipated to emerge as a dominant segment during the forecast period. The dominance of the segment is the result of downfall in the prices of these instruments and growing preference towards personal grooming. These factors have surged the demand for electric clippers across the globe, as a result, the clippers are expected to dominate the global electric shavers market during the forecast period of 2016 2024. The segment is expected to account for 71.37% from 2016 to 2024.

Asia Pacific to Dominate the Regional Domain

Although Europe held major share in the global electric shavers market, approximately 40% of total share. However, currently Asia Pacific is the fastest emerging region for the players of global electric shavers market. This is because of the rising disposable income of the people in countries like India and China. These people are spending more on personal grooming and hence Asia Pacific is projected to be the most lucrative region for the businesses in global electric shavers market between 2016 and 2024.

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The study presented here is based on a report by Transparency Market Research (TMR), titled, “Electric Shavers Market (Product – Foil Shaver, Rotary Shaver, Wet/Dry Shaver, and Clippers & Accessories; Distribution Channel – Health & Beauty Stores, General Merchandising/Mass Stores, and Supermarkets & Hypermarkets; End Use – Male and Female) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.”

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Food Scales Market Research and Growth Prediction 2020 to 2030

 

• Food scales are a device that help to measure the weight of different food ingredients in food service organizations, where it is known as commercial food scales. Some recipes require measurement of ingredient by weight rather than volume, which entail the use of a food scale. Moreover, food scales can be used for measuring ingredients correctly even in a kitchen.

Key Drivers of the Global Food Scales Market

• Rising concentration on portion size to ensure the health of the end-user is fueling the demand for food scales. Moreover, digital food scales are seeing huge demand in the overall market. One of the foremost benefits of digital scale usage is that it can calculate all the dry materials in one bowl. Users just need to reset the food scale back to 0.00 with each new material and measure consequently. Even the cleanup part is fast, eliminating the need to wash many bowls, measuring cups, and measuring spoons.
• Worldwide rise in millennial population, changing lifestyle, rise in disposable income, etc. is propelling the food industry across the globe which in turn is expected to driving the growth of the food scales market in the coming years.

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Asia Pacific Market to Grow at a Faster Rate

• In terms of geography, the global food scales 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 food scales 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 food scales market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America food scales market is segmented into Brazil, and Rest of South America.
• Demand for food scales in the Asia Pacific region is estimated to expand at a significant pace compared to any other region in the near future due to rapid increase in awareness about advance technology and rising population etc. in countries such as Japan, China, India, and other Asian countries.

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Key Players Operating in the Global Market

The food scales market is fragmented owing to the presence of a large number of companies. Key market players are focusing on improvement of their price, durability, technology, and design efficiency and partnership with regional suppliers to expand their business.

A few of the key players operating in the global food scales market are:

• A & D Company
• AMETEK Inc.
• Avery Weigh-Tronix, LLC (Brecknell)
• BIOS Medical
• Bizerba
• CAMRY SCALE STORE
• Cardinal / Detecto Scale
• Edlund Company, LLC

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Smart Scales Market Key Trends, Growth, Share, Size, Analysis and Forecast to 2030

 

• Smart scales are a technologically advanced system used for fitness and health tracking. It helps to monitor multiple biometric measurements including water percentage, bone density, and body fat percentage.
• Major players across the globe are introducing smart scales with unique materials and advanced technology that help users measure weight and other body composition metrics such as body fat, body water, and body mass index (BMI) in an app or online service that automatically helps to record the data. This is likely to drive the demand for smart scales in the coming years.

Rising Usage of Smart Scales

• Increasing awareness about the usage of technologically advanced scales among people is influencing end-users to opt for smart scales. Rising dependency of end-users across the globe on smart technology for regular tracking of their health and body weight is likely to drive demand for smart scales. In addition, increasing health concerns among consumers along with end-users switching to healthy habits of tracking their body composition metrics is expected to lead to the growth of the smart scales market in the coming years.

Presence of Alternative Solutions: A Key Restraint

• Easy availability of several alternative solutions at competitive prices across the globe is likely be a major barrier to the growth of the smart scales market. Users still find it difficult to sync different fitness devices. Increasing connectivity issues in smart scales may hamper the purchasing of smart scales. However, penetration of innovative products by key players in the market with multifunctional benefits is expected to create opportunities in the smart scales market. Advancement in technology and continuous improvement of products is expected to drive the smart scales market over the forecast period.

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Europe a Potential Market for Smart Scales

• The global smart scales 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 smart scales market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The smart scales market in South America has been segmented into Brazil and Rest of South America.
• Europe is expected to remain a potential market for smart scales during the forecast period, owing to rising preference for smart technology in the past few years in the region.

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Key Players Operating in the Global Smart Scales Market

The global smart scales market is fragmented in nature, due to presence of a large number of global and regional players. A few of the key players operating in the global smart scales market are listed below:

• AWM Limited
• Bonso Electronics International Inc.
• EatSmart
• Fitbit Inc.
• Groupe SEB
• Johnson Measures and Weights Ltd.

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Letterpress Card Market Trends, Demand and Global Developments 2020 to 2030

 

• Letterpress is one of the oldest printing process, where the reverse images of content is pressed against paper stock, which makes an impression displaying the images. The raised image can be re-inked and used multiple times.

Key Drivers of the Global Letterpress Card Market

• Consumer shift toward premium letterpress products is increasing. Letterpress cards are more attractive than normal cards, which increases its demand at the global level.
• Many business card sellers are working on innovation in letterpress technology, which is one of the key reasons for market growth.
• COVID-19 has decreased sales of letterpress and business cards from March 2020 to July 2020. Lockdown in manufacturing units across different countries has affected the sale of letterpress cards in different regions. Companies are opting for contactless communication which can affect the sales of letterpress cards in the coming years.

High Definition Resolution Business Cards to Create New Market Opportunities

• Large number of corporate companies are investing in high definition business cards. Increasing communication of global business models is expected to create new opportunity in this market.
• C level executives prefer to have letterpress business cards as a result of its HD resolution technology. This factor is expected to boost the growth of the letterpress card market.

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High Production Cost to Restrict Market Growth

• Production cost of letterpress cards is on the higher side, while conventional business card manufacturers offer their products at a lower cost. This factor is a restraint for small and medium scale players of the market.

Asia Pacific the Dominant Market for Letterpress Cards

• Increasing number of letterpress companies and high foreign investment in different end-use segments in the Asia Pacific region are key reasons for letterpress card demand in this region. China and India are key markets. Furthermore, Japan and South Korea also account for significant share of the letterpress card market. Industrial growth in Brazil and South Africa are driving the demand for letterpress cards in South America and Middle East & Africa. Furthermore, increasing penetration of IT companies has propelled the demand for business letterpress cards in countries such as India and Vietnam.
• Key manufacturers are operating their business from Asia Pacific and North America. However, these players have a global reach through their own sales channels or distributors. North America and Europe also have significant share in the market. Demand for letterpress greeting cards is increasing at a higher pace in European countries. Germany, France and U.K. are the major consumers of letterpress cards in the region.

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Key Players Operating in the Global Letterpress Card Market

Key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Small scale players are trying to increase their sales by improving their domestic market share. The global letterpress card market is fragmented in nature. Companies are working on product innovation and development to increase their customer base. Some of the key players operating in the global letterpress cards market are listed below:

• Chhapai
• COTTON PAPERIE LETTERPRESS
•  Hoban Press
• Jukebox
• MOO Inc.
• Rise And Shine Letterpress
• ROCKDESIGN

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Sun Protective Fabrics Market Opportunity, Sales, Service Applications, Forecast To 2030

 

• Sun protective fabrics are special fabrics designed to protect the user from UV radiation. These fabrics are widely used to manufacture anti-UV clothing such as sportswear, outerwear, masks, and gloves. UV blocking rating of sun protective fabrics is highly dependent on its yarn composition and construction process. Synthetic yarn such as nylon and polyester offer advanced UV blocking compared to bleached cotton. Sun protective fabric is usually treated with different chemicals to enhance its UV absorption rate.

Key Trends in the Global Sun Protective Fabrics Market

• Technology advancement and growing health awareness among consumers is driving the demand for sun protective fabrics across different regions. Furthermore, consumers are increasingly preferring sun protective clothing to ensure protection against harmful UV rays. Sun protective clothes are widely used by people who spend a lot of time outdoors, especially in the summer months and in areas with increased sun intensity, such as those closer to the equator and near sun-reflective surfaces such as water, sand, and snow.
• These fabrics are widely preferred over sunscreen to protect children against UV radiations. Furthermore, sun protective fabrics are increasingly adopted by younger population to avoid premature aging and sunburns.

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Opportunities in the Global Sun Protective Fabrics Market

• Emergence of new yarn compositions and availability of advanced manufacturing machinery is anticipated to fuel the market demand for sun protective fabrics during the forecast period. Moreover, people across developed countries are increasingly preferring sun protective clothes to prevent skin cancer.
• Evolving industry standards and regulations are anticipated to boost technology advancement and new product developments in the industry. For instance, ASTM (American Society for Testing and Materials) has established various standards for the manufacturing and labeling of sun protective products.

Tightly Woven Sun Protective Fabrics are Widely Preferred

Tightly woven fabrics are also known as knitted fabrics. Synthetic fabrics such as polyester and nylon are very tightly woven and hence they are preferred as sun-blocking fabrics. Tight woven nylon fabrics are used to make UV resistant caps and umbrellas. Tightly woven sun protective fabrics ensure enhanced UV protection with UPF 50+ rating.

Europe Records Large Share in the Overall Sun Protective Fabrics Market

• By geography, the global sun protective fabrics market is classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC).
• Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market includes historical and forecast analysis of the sun protective fabrics market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast of the sun protective fabrics market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America sun protective fabrics market is categorized into Brazil, and Rest of South America.

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• The market growth in Europe is attributed to the strong investment in research and development activities and highest population of skin cancer patients. Furthermore, The European Skin Cancer Foundation aims to develop and provide standardized prevention strategies and guidelines to enhance awareness among the European population about sun protective fabrics.

Key Players Operating in the Global Market

Investment in new technology and upgrade of existing product offering are key strategies adopted by companies. Additionally, companies are confirming better consumer knowledge and product promotions to encourage the adoption of sun protective fabrics across untapped markets. Strong R&D activities and technical expertise are anticipated to offer competitive advantage to key market players.

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Athletic and Sports Socks Market Growth, Opportunities, Forecast To 2030

The growth of the global athletic and sports socks market largely depends on the number of people who subscribe to athletic training campaigns on an annual basis. There has been tremendous demand for new and advanced sports equipment and gear in recent times. The inclination of the masses towards lesser known sports and strenuous athletic activities has given a thrust to the growth of the global athletic and sports socks market. The overbearing demand for the product has opened new avenues for revenue generation across the market. The next decade could witness an increase in the volume of sports socks manufactured across various production houses. Henceforth, the total value of the global athletic and sports socks market is slated to increase at a stellar pace.

In this custom review by Transparency Market Research (TMR), the leading trends responsible for the growth of the athletic and sports socks market have been enunciated. The review deep-dives into the resilient trends pertaining to market expansion. The following sections also give an overview of the impact that the COVID-19 pandemic has had on the growth of the market.

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Global Athletic and Sports Socks Market: Competitive Landscape

The leading vendors operating in the global athletic and sports socks market are focusing on developing sport-centric products. These vendors are tapping into the requirements of sportspersons across a wide arena of athletic and sports activities. This has enabled the former to selectively target enthusiasts of various sports. Furthermore, there has been an increase in demand for no-show socks, especially amongst sportspersons. This trend has also given a strong impetus to the already intensifying marketing campaigns run by the vendors. Some of the leading players operating in the global athletic and sports socks market are Under Armour®, Inc., Adidas AG, Nike, Inc., Puma SE, and ASICS America Corporation. These vendors have a near-monopoly in the sports socks market, and they are expected to sweep in large chunks of the market share.

Global Athletic and Sports Socks Market: Key Trends

The presence of a seamless industry for manufacturing sports apparels and garments has generated humongous opportunities for market growth and advancement. There is a recurring demand for sports socks that can withstand changing weathers. Besides, use of waterproof sports socks has also increased by a formidable chase over the past decade. Football socks are amongst the most sought-after products in the socks market. These socks are worn over shin guards, and require high elasticity and strength. Therefore, the global athletic and sports socks market is characterized by continuous inflow of revenues and creation of new playfields for market growth.

Promotional ads have become a facilitator of growth across the global athletic and sports socks market. From knee-length socks to long, rollable socks, the market is replete with several new products. The consumers have reciprocated to the socks industry with immense enthusiasm, and have been quick to try new product types. Latest innovations in the design and manufacturing of athletic socks have been a sound drive of demand within the global athletic and sports socks market. It is, therefore, safe to expect that this market would witness a surge in revenues over the years to follow.

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Global Athletic and Sports Socks Market: Regional Outlook

On the basis of regions, the global athletic and sports socks market displays a growth-oriented landscape. Prioritization of sports and athletic activities across key regions such as North America and Asia Pacific is reaping the fruits of excellence for regional market vendors.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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