Thursday, 4 February 2021

Intelligent Energy Management System Market Trends and Forecast by 2026|

Intelligent energy management system has become a necessity in hybrid and electric vehicles in order to manage the consumption of energy to perform different operations by different components of the vehicle. The system offers users the information they need to make informed decisions about energy consumption. The intelligent energy management system can reduce power consumption, thereby bring about more savings on energy usage.

The global intelligent energy management system market is likely to expand significantly during the forecast period due to rising preference for electric vehicles among society. Integration of intelligent energy management system in hybrid and electric vehicles is likely to boost the market. Most manufacturers are focused on the enhancement of the efficiency of vehicles among which, energy management is a key concern so that the expenditure of energy can be minimized. Consequently, the maximum amount of energy can be employed to propel the vehicle. Rising awareness in society about energy conservation is estimated to boost the intelligent energy management system market for automotive at a significant pace.

The global intelligent energy management system market for automotive can be segmented based on electrification type, vehicle type, and region. Based on electrification type, the hybrid electric vehicle segment is are likely to hold a notable share of the intelligent energy management system market, owing to the presence of a higher number of hybrid vehicles as compared to battery electric vehicles. Furthermore, switching the power source between battery and engine in hybrid vehicles, as per the required amount of energy, can be a critical task so that both power sources perform at their optimal level. Therefore, the intelligent energy management system is likely to play a significant role in energy management of hybrid electric vehicles.

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In terms of vehicle type, the passenger vehicle segment is projected to account for a significant share of the intelligent energy management system market, followed by the electric bus segment. Moreover, the electrification of passenger vehicles is rising significantly along with rising production of the electric cars, which in turn is projected to boost the intelligent energy management system market for automotive during the forecast period. On the other hand, most countries are emphasizing on the adoption of zero emission or low emission public transport for enhanced air quality control. Thus, the electric bus segment is likely to expand during the forecast period, which in turn is expected to propel the intelligent energy management system market for automotive.

In terms of region, Europe is likely to hold a prominent share of the global intelligent energy management system market, owing to the presence of a notable number of hybrid and electric vehicles in the region; however, the intelligent energy management system market for automotive in Asia Pacific is expected to expand at a rapid pace, owing to the rise in production of electric vehicles and increase in stringency of emission norms in the region. China is expected to lead the market for electric vehicles and hence, is expected to be a prominent intelligent energy management system market for automotive by the end of the forecast period.

Key global manufacturers of the intelligent energy management system market for automotive are Siemens AG, VDE VERLAG GMBH, NEC Corporation, Denso Corporation, and ABB Inc.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Outsourcing Automotive Manufacturing Market Future Growth Explored in Latest Research Report by 2024

The organizations and institutions indulged in the manufacturing of automotive and high-tech automotive have been active consumers for a very long time of outsourcing services. Logistics outsourcing and contract manufacturing are common among high-tech manufacturing firms. They were the torch bearers in the field of outsourcing automotive manufacturing and using India and China based resources for the development of application and engineering services in outsourced and captive scenarios. These type of industries are further moving aggressively towards back-office information technology outsourcing and business process outsourcing. This very perspective is expected to highlight trends in BPO and ITO, asses the gains that consumers seek and the level to which they have been achieved, and also review the feedbacks from the past outsourcing experiences and implement them in the future outsourcing projects.

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This industry study is an evaluation of the growth prospects and historical tract of the global outsourcing automotive manufacturing market. It deals with the assessment of the facets that are projected to sway the development of the market both negatively and positively. Further, the key trends have also been specified in the publication. The research study also presents a wide outlook on the seller landscape of the market with reference to Porter’s five forces analysis. The research report deals with the R&D activities, mergers, acquisitions, and particulars on certifications and collaborations. The report reviews the approaches related to shares, publicity, and product range of the key accomplices in the global outsourcing automotive manufacturing market.

Global Outsourcing Automotive Manufacturing Market: Positive Trends and Hindrances

In line with the popular and growing trend of outsourcing, the automotive manufacturing industry is also implementing it to keep pace with the global trend. Outsourcing is being witnessed as a lucrative opportunity with globalization gaining traction. The development in back-office BPO in these industries, chiefly automotive, is a result of the strong competitive burdens the western-based firms are facing owing to incessant globalization of the market. Extreme product innovation and operational competences are possible prerequisites for western companies to remain competitive in the industry against their lower-cost rivals emerging in the market. The emphasis on effectiveness and efficiency is likely to move back to back-end operations that have been mostly shielded from these type of pressures in the last few years.

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The primary factors that are likely to push the global outsourcing automotive manufacturing market towards the competitive edge are abundance of labors and resources and their low cost, opening in the developing markets, and variation in the exchange rates. Nevertheless, there are some dynamics that may act as a bottleneck in the growth of the market such as strict import and export regulations, and strict government policies.

Global Outsourcing Automotive Manufacturing Market: Regional Insight

In the global outsourcing automotive manufacturing market, China and India are regarded as regions with huge growth potentials for the market. This can be attributed to the growing infrastructure of the countries and the availability of trained and educated workforce. Several automotive manufacturing companies have set up production plants in China and India to cut down cost and also stay competitive in the market.

Global Outsourcing Automotive Manufacturing Market: Companies Mentioned in the Report

The leading players in the global outsourcing automotive manufacturing market are Denso Corporation AGC Flat Glass, Michelin Group, Autoliv Inc., Delphi Automotive LLP, BorgWarner Turbo Systems GmbH, Johnson Controls, Inc., Faurecia, Lear Corporation, Rane Group, Amtek Group, Shriram Pistons, BorgWarner Inc., KIRCHHOFF Automotive GmbH, Benteler International AG, Continental AG, Honeywell Turbo Technologies, Cummins Inc., Magna International Inc., and Robert Bosch GmbH, Bharat Forge Limited.

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.

Fencing Market Segmented Information and Forecast by 2027

According to a new market report published by Transparency Market Research  titled ‘Fencing Market (Product Type – Privacy Fencing, Picket Fencing, and Others); (Material Type – Metal, Wood, and Plastic & Composite); (End-use – Residential, Commercial, and Agriculture)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027, the global fencing market is expected to reach US$ 62,766.5 Mn by 2027, expanding at a CAGR of 3.6% from 2019 to 2027. In terms of volume, the global fencing market is expected to reach 3,901.7 Million Feet, expanding at a CAGR of 2.2% from 2019 to 2027. The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

Fencing is a part of the global perimeter security market. The perimeter security market in North America is a mature market and is growing at a healthy rate. In North America, rise in demand for perimeter security products are driving the demand for fencing products. Consumers in North America are increasingly demanding decorative home products, which is increasing the demand for ornamental iron and steel fences in the region.

In North America, privacy fences hold the largest market share and are expected to grow in market size during the forecast period. Across North America, there are specific rules and regulations regarding quality of the material used to make fences. Fences made of metal such as aluminum, steel, wrought iron, etc. hold the largest share in North America. Presently, plastic and composite fences such as fences made of vinyl are increasing in popularity in North America and are expected to see rising demand during the forecast period. In North America, the U.S. is the dominant fencing market, followed by Canada.

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The perimeter security market in Europe is a mature market and growing. In Europe, rise in overall demand for perimeter security products are increasing demand for fencing products. Increase in demand for attractive home protection products are leading to rise in demand for fences in Europe. Privacy fences hold the largest market share in Europe and are expected to hold a share of 44.0% by the end of the forecast period. In Europe, market players operating in the fence market have to follow specific rules and regulations. In Europe, metal fencing holds a major share of the market. Ornamental iron and wrought iron fences are increasing in popularity as they have low maintenance cost. Fences made of plastics and composites such as PVC are also popular in Europe. France, Germany, and the U.K. are the major fencing markets in the region.

The Asia Pacific perimeter security market is a growing market. In Asia Pacific, increasing usage of perimeter security products is increasing the demand for fencing products. Privacy fences hold the largest market share in Asia Pacific and are expected to hold a share of 43.0% by the end of the forecast period. Picket fences, chain linked fences, etc. are also growing in demand. In Asia Pacific, metal fencing holds a major share in the market. Wrought iron, ornamental iron, steel, and aluminum fences are increasing in popularity as they have low maintenance cost. Fences made of PVC are seeing increasing demand in Asia Pacific. China, Japan, and India are the major fencing market in the region.

Demand for fencing products is growing in MEA with rise in perimeter security products. GCC and South Africa are the major fencing markets in the region.

The perimeter security market in South America is small compared to other regions. Demand for fencing products is rising in South America with enhanced use of perimeter security products. Brazil is the largest fencing market in the region. In Rest of South America, Argentina is a major fencing market.

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The study provides a conclusive view of the global fencing market by segmenting it in terms of product type, material type, and end-use. In terms of product type, the global fencing market has been classified into privacy fencing, picket fencing, and others. The others category includes pool fencing, pet fencing, semi-privacy fencing, rail fencing, chain linked fence, etc. In terms of material type, the global fencing market has been segmented into metal, wood, and plastic & composite. In terms of end-use, the market is segmented into residential, commercial, and agriculture.

The report highlights major companies operating in the global fencing market including Compagnie de Saint-Gobain S.A., Bekaert, Ameristar Perimeter Security, Associated Materials, LLC., Jerith Manufacturing LLC., Long Fence Company Inc., Gregory Industries, Inc., Betafence Group, Ply Gem Holding Inc., and Builders Fence Company (BFC), Inc.

Hair Extensions Market Comprehensive Study 2021

Hair extensions are also known as hair weaves or artificial hair integrations, which are utilized to add volume, length, or both to hair. Hair extensions are generally sewn or glued or clipped to natural hair by addition of synthetic or human hair. The main purpose of use is to add to the length of the human hair. However, it could also act as a cover up for a bad haircut and can also add some dimension and color to one’s. The significance of hair extension in hair and beauty applications is expected to support growth of the global hair extensions market in the years to come.

The willingness to better physical appearance is another major growth factor for the global hair extensions market. The rise in per head income and subsequent rise in disposable income of the people is expected to sales of personal care and beauty products. This, in turn, is expected to work in favor of the global hair extensions market over the tenure of assessment.

Type, fitting type, category, sales channel, and region are the five important parameters based on which the global hair extensions market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global Hair Extensions market.

Global Hair Extensions Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global hair extensions market is mentioned below:

  • In 2019, US-based Beauty Industry Group made an acquisition of two prominent brands dealing with hair care and grooming, Luxury Hair Co. and Hidden Crown. This acquisition is estimated to improve the sales of products of the Beauty Industry Group and expand its presence.

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Some of the prominent organizations in the global hair extensions market include the below-mentioned:

  • Anhui Jinruixiang Hair Product Co. Ltd.
  • His & Her Hair Goods
  • Diamond Hair Company
  • Hair Visions International
  • Shake-n-Go (SNG) Fashion
  • Aderans Co., Ltd
  • Hud-Son Forest Equipment

Global Hair Extensions Market: Key Trends

The global hair extensions market is characterized by the presence of the following restraints, drivers, and opportunities.

Increased Sale through Online Distribution Channel to Drive Growth of the Market

The growing acceptance of hair extensions amongst various global actors and celebrities is estimated to act as key growth factor for the global hair extensions market. Hair extensions have gained augmented popularity in the fashion and entertainment sector. Rise in the incidences of alopecia, particularly in people from African origin is estimated propel growth of the global hair extensions market over the tenure of analysis.

Hair extensions made from human hair is costlier than synthetic hair, as such it improves affordability of hair extensions made from synthetic hair. However, the cost of extensions made from human hair is declining, which is likely to prove beneficial for manufactures of hair extensions. This is likely to play an important role in helping the manufacturers source such hair extensions at better prices.

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Hair extensions are primarily sold through retail and online sales channels. Use of various online shopping websites, such as Amazon.com, E-bay are further facilitating the sale of hair extensions. This factor is likely boost the growth of the global hair extensions market in the years to come.

Global Hair Extensions Market: Geographical Analysis

Regions like Latin America and Africa account for sizeable chunk of the global hair extensions market. The rise in disposable income together with increased awareness about one’s physical appearance is likely to boost the sales of hair extensions in these regions. Furthermore, rise in hair-related ailments is another factor boosting the hair extensions market in these regions.

Sanitary Napkin Vending Machine Market Evolving Technology and Growth Outlook 2021 to 2026

A sanitary napkin vending machine is an automatic self-service machine used for dispensing sanitary napkins against acceptance of coins. Its mechanical coin acceptor requires no electricity and is a single value coin acceptor. Sanitary napkin vending machines are easy to install. These machines are installed in public as well as in commercial places such as parks, shopping complexes, movie theaters, metro stations, hospitals, schools, colleges, bus stops, and others. Sanitary napkin vending machines are available in two mounting options: wall mounted and table top. The machine is made from metal and sturdy Acrylonitrile Butadiene Styrene (ABS) plastic or a material which makes it vandal resistant.

Manufacturers are expected to focus on untapped urban markets, and increasing their CSR (corporate social responsibility) activities related to women’s hygiene. In addition, manufacturers are distributing sanitary napkin vending machines free of cost in slums and rural areas along with conducting awareness programs. All these factors are expected to increase the sanitary napkin vending machine market demand for sanitary napkin vending machines across the world. Increasing women’s population, and increasing awareness about female hygiene and health issues are all expected to spur market attractiveness of sanitary napkin vending machines across the world. In addition, governments are encouraging manufacturers to increase their marketing strategies and conduct hygiene campaigns to change the perceptions of women and increase awareness about the health benefits of using sanitary napkins, thus accelerating the growth of the global sanitary napkin vending machine. Sanitary napkins are a basic need of women; but they perceive these products to be expensive. However, associations worldwide are making efforts to provide these products tax free and at a lower cost.

The sanitary napkin vending machine market can be segmented in terms of type, storage capacity, application, distribution channel, and geography. Based on type, the sanitary napkin vending machine market is segmented into wall mounted and table top. On the basis of storage capacity, the market can be classified into 10- 30 napkins, 31 – 50 napkins, 51 – 100 napkins, more than 100 napkins. Based on application, the sanitary napkin vending machine market is classified into schools, colleges & universities, shopping complexes and shopping malls, and others.

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On the basis of distribution channel, the sanitary napkin vending machine market is segmented into online and offline. The offline market is expected to be the most dominant sanitary napkin vending machine market over the period of time due to the preference of consumers to experience the quality of the product physically. Online retail stores are projected to be the most attractive segment during the forecast period due to the rising preference toward online shopping among the population in recent years.

In terms of region, the global sanitary napkin vending machine market can be classified into Asia Pacific (India, China, and Japan), Europe (the U.K., France, and Germany), Middle East & Africa (GCC and South Africa), North America (the U.S. and Canada), and South America (Brazil). In Asia Pacific, most of the population lives in rural areas and usage of sanitary napkins is limited due to lack of awareness about health benefits of using sanitary napkins. In addition to this, women face health problems due to low menstrual hygiene. All these factors are expected to create huge opportunity for the sanitary napkin vending machine market during the forecast period.

Major players operating in the global sanitary napkin vending machine market are HLL Lifecare Limited, Tendril Products, visagatech.com, Sanmak India, Washroom Hygiene Concepts Pvt. Ltd., Rentokil Initial plc, JP VEND TECH Pvt Ltd., CJS Portsmouth Ltd., CoreVend Ltd., Secure Vending Systems Limited, Flush Hygiene, Intelligent Vending Ltd, Natural UK Ltd, and Personnel Hygiene Services Limited.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Hydrogen Water Market Evolving Technology and Growth Outlook 2021 to 2027

Hydrogen water is normal water that has extra hydrogen gas added to it. Normal water molecules are made of hydrogen and oxygen molecules. Generally in a water, the amount of hydrogen content is proportion to the amount of hydrogen present in the Earth’s atmosphere. In case of hydrogen water, molecular hydrogen (a tasteless and odorless gas) is added to normal water.

The market for hydrogen water is still very new and regulations concerning the use of hydrogen water is still not developed. Even in developed countries such as the U.S., the Food and Drug Administration (FDA) only has a regulation that the amount of hydrogen gas in beverages, sodas and drinking water must contain a maximum of 2.14% by volume. Several U.S. companies have either launched hydrogen water products or will soon debut them in an attempt to lure consumers seeking natural, functional products.

Hydrogen Water Market – Competitive Landscape

Hydrogen water market is extremely niche market with presence of very few players in the market. Studies are still conducted by many eminent researchers worldwide to understand its effectiveness in an individual’s health. Some of the key players in the field of hydrogen water market includes: 

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Dr. Perricone Hydrogen Water

Dr. Perricone Hydrogen Water is a U.S. based company specialized in production of hydrogen infused water. The company provides the hydrogen infused water in aluminum cans having shelf life of 2 years.

HTwo

HTwo is specialized in providing hydrogen infused beverages. The company has strong presence in U.S. through key retailers such as King Soopers, Kroger, Giant Eagle and Lucky’s Markets etc.

HFactor

HFactor is a U.S. based company specialized in production of hydrogen water. The company has strong presence in U.S. with approximately 6,000 retail stores.

HyVIDA

HyVIDA is a U.S. based company specialized in providing hydrogen infused sparkling water. The company provides hydrogen infused water in aluminum cans and has its presence in U.S. in more than 100 stores.

Hydrogen Water Market – Dynamics

Hydrogen Water market to grow owing to its increasing health benefits.

According to research conducted by various scientists, it was found that hydrogen gas infused water with hydrogen gas improves athletic performance, reduce inflammation from exercise and deliver powerful antioxidants. Antioxidants have immense health benefits. All these factors are increasing the demand for hydrogen water across the world. The concept of hydrogen water is still in early phase and is anticipated to require substantial amount of time for the market to grow.

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Additionally, medical research conducted by Medical Gas Research in 2011 for effects of drinking hydrogen-rich water on the quality of life of patients treated with radiotherapy for liver tumors found that drinking hydrogen rich water reduced reactive oxygen metabolites in the blood and maintained blood oxidation potential.

Packaging and lack of Regulation are major restraint for the market

In the U.S., hydrogen water beverages face two main problems. There is inconsistent level of added hydrogen in different products, and there’s no regulatory oversight requiring a standardized level.

The other problem is that hydrogen tends to leak through glass or plastic containers, so products need to be consumed fairly quickly after opening to receive the advertised benefits.

Culinary Tourism Market Trends and Forecast by 2027

 

  • Culinary tourism refers to the pursuit of a unique eating and drinking experience. This is a tour in which local cuisines are explored by travelers. It connects travelers with local food and beverages.
  • Culinary tourism is closely related to heritage and cultural tourism. Culinary tourism is found to be most attractive among travelers, owing to rise in interest in local food culture, rather than gourmet food.
  • Local cuisine gives travelers a direct and authentic connection with their destination. They experience local culture, heritage and people through food and drink. Moreover, destination with its local food culture established an identity across the globe which encourages travelers for culinary tourism.

Increase in Population of Travelers to Drive the Global Culinary Tourism Market

  • Expansion of tourism sector and rapid increase in number of travelers across the globe is expected to boost the culinary tourism market. Several travelers plan vacations specifically to have culinary trips and explore diverse food cultures. They experience and learn about local cuisine. They spend around 50% of their holiday budget on culinary activities. This is one of the major reason for the growth of culinary tourism. In addition, increase in popularity of wine, beer, and food festivals boosts the culinary tourism. This is expected to drive the culinary tourism market in the next few years.

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Expansion of E-commerce Industry to Drive Culinary Tourism Market

  • Increase in use of online research and rise in popularity of television channels and other entertainment sources such as YouTube Cooking Channels, Travel and Lifestyle Channels are encouraging viewers to travel in certain destinations and try their local or traditional food. In addition, celebrity chefs, actors, and media endorsement for tour and travel are also one of the major reasons for expansion of the culinary tourism market. Furthermore, rise in popularity of seasonal and festival tours drives the culinary tourism market across the globe.

Asia Pacific to Hold a Leading Share of Global Culinary Tourism Market

  • Geographically, the global Culinary Tourism 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 Culinary Tourism 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 Culinary Tourism market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America Culinary Tourism market is segmented into Brazil, and Rest of South America.
  • Asia Pacific dominates the market share due to growing consumer preference to visit the country side which has increased global sales of Culinary Tourism.
  • However, Asia Pacific is anticipated to grow at a fastest CAGR growth rate during the forecast period. Increase in per capita income and change in lifestyle is expected to increase the demand for the culinary tourism.

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Key Players Operating in the Culinary Tourism Market:

The presence of key players in the domestic safety locker market is leading to competition among vendors. Limited branded and global players are dominating the overall market. To distinguish their products from competitors, players are focusing on aesthetic appeal, product technology, and add-on features which offer additional safety.

International and domestic players across the globe target tourists through memberships and by providing them with multiple facilities in limited amount of package. Furthermore, these players encourage travelers to participate in seasonal and festival culinary tours through various modes of digital channels.

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 ...