Automotive Half Shaft Market Future Scope Analysis, Forecast 2030

According to the report, the global automotive half shaft market is projected to surpass US$ 25 Bn by 2030, expanding at a CAGR of ~5% during the forecast period. The rise in global vehicle production and increase in number of vehicle service centers across the globe boost the automotive half shaft market across the globe. Automotive half shaft market is mature, as the half shaft is an integral component of vehicles. The development and expansion of the automotive half shaft market is highly dependent on the production of vehicles across the globe, it has been observed that the production of vehicles was increasing consistently at a notable pace until 2017. However, slowdown in vehicle sales was witnessed in the 2nd half of 2018 and 2019. Additionally, outbreak of COVID-19 hampered the market due to limited availability of employees and disruption in the supply chain.

Expansion of Automotive Half Shaft Market

Vehicle production across the globe declined in 2018 and 2019 as compared to that in 2017; however, consumer preference toward utility vehicles increased. Automakers have registered increased penetration of sports utility vehicles and multi-utility vehicles globally. Furthermore, the advent of vehicle drive technology has prompted automakers to develop vehicles with all-wheel drive (AWD) and four-wheel drive (4WD).

The demand for AWD vehicles is increasing, owing to a rise in the demand for stability, safety, and driving dynamics from end users. AWD vehicles offer better traction in harsh weather conditions and off-road applications, along with increase in fuel efficiency as compared to that offered by conventional drivetrains. An increase in the rate of adoption of such vehicles is directly proportional to an increase in the demand for propeller shafts.

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Furthermore, it is essential for automakers and suppliers to adopt fuel saving and emission-reduction technologies such as vehicle shafts. Lightweight shafts help automakers comply with stringent emission norms, thereby driving the demand from automakers. This, in turn, is estimated to propel the automotive half shaft market.

Segmentation of Automotive Half Shaft Market

Based on vehicle, utility vehicles is a highly attractive market segment, owing to increase in demand globally. Moreover, utility vehicles have been highly popular in North America and the Middle East; however, demand for these vehicles increased significantly since 2015, thus the segment is likely to be a key consumer of half shafts. Increasing penetration of four-wheel drive vehicles is projected to be a key factor driving the automotive half shaft market. In terms of materials used for the manufacturing of the half shafts, the steel segment followed by the aluminum segment accounted for major share of the global market. The development of various vehicles technologies and lightweight materials coupled with a rise in the demand for vehicle lighting to enhance the performance and efficiency of the vehicle is likely to drive the composite material segment during the forecast period.

Regional Analysis of Automotive Half Shaft Market

In terms of region, the global automotive half shaft market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held a major share of the global automotive half shaft market in 2019, owing to the high rate of production of vehicles and rise in demand for powerful performance vehicles among rapidly developing economies in the region. The global automotive half shaft market is directly influenced by vehicle production and an increase in penetration of four-wheel drive vehicles. The demand for half shafts is likely to rise rapidly in developing regions, owing to increase in investment for industrial development and rise in demand for vehicles, due to an increase in per capita income.

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Major Players of Automotive Half Shaft Market

• Prominent players operating in the global automotive half shaft market include Advanced Composite Products & Technology Inc., American Axle & Manufacturing, Inc., Bailey Morris Limited, D & F PROPSHAFTS, Dana Limited, GKN Plc., HYUNDAI WIA CORP., IFA Group, JTEKT Corporation, Neapco, Nexteer Automotive Group Ltd., and Wilson Drive Shaft

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Baby Feeding Bottles Market Analysis With Key Players, Applications, Trends And Forecasts 2025

According to the latest market report published by Transparency Market Research titled ‘Baby Feeding Bottles Market’: Global Industry Analysis and Forecast 2017-2025’, the revenue generated from baby feeding bottles was registered over US$ 2,469.9 Mn in 2017, which is projected to increase at a CAGR of 4.7% during the forecast period (2017-2025)

Safe and convenient baby feeding bottles are occupying the most space on the shelves in the market. Parents are also looking for durable baby feeding bottles. Usually, breastfeeding is preferred by parents and recommended by many doctors, but infant formula has to be fed through bottles, which is what is driving the growth of the baby feeding bottles market. Many brands and manufacturers offer baby feeding bottles with a variety of replaceable bottle parts, which can be used and replaced according to convenience. For example, the provision of various nipples, all with different rates of milk flow. Thus, a single product is applicable to a newborn infant, who needs lesser milk or formula, and also to a little grown babies who need to gulp down larger quantities of food.

Other user-friendly features include excellent venting system for bottles which prevents the entrance and mixing of air bubbles in the baby food. A product design which saves the pain of cleaning and washing the bottle frequently, and which is easier to wash also captures the minds of consumers while buying baby feeding bottles. Manufacturers are increasingly focusing on offering innovative products which make bottle feeding an enjoyable and easy experience. Products with extra features and which offer optimal safety to babies are becoming increasingly important for manufacturers to cater to consumer demand, and drive the growth of the baby feeding bottles market.

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Baby feeding bottles made out of polycarbonate are known to contain a harmful chemical called Bisphenol A (BPA). This BPA is a harmful chemical, and is known to mimic a hormone in the body which activates the progression of cancer and interferes with the development of the reproductive system. Due to its harmful nature, the usage of this chemical has been banned by many government bodies as far as baby feeding bottles are concerned. In recent times, even BPA-free polycarbonate has been found to be harmful for infants, which has led to mistrust amongst consumers towards the bottles made out of polycarbonate material. This factor has largely affected the segmental growth of the baby feeding bottles market.

In 2017, the European Commission, which is an organization monitoring the proposals of European legislations, and implements decisions for the European Parliament, extended its ban on the use of BPA in baby feeding bottles to other products which come in contact with food and drinks, such as drinking cups and bottles. This signifies the potential of BPA as a harmful chemical in the body, and is also a strong restraint in the growth of polycarbonate baby feeding bottles.

By material, the global baby feeding bottles market is segmented as plastic, silicon, glass and stainless steel. By capacity the market is segmented as Up to 4 Oz, 4.1 to 6 Oz, 6.1 to 9 Oz and > than 9 Oz. Furthermore, by sales channel, the market is segmented as hypermarkets/supermarkets, convenience stores, specialty stores, pharmacy & drug stores, online retailing and other retailing formats. Among all the segments, plastic segment contributed nearly 63.6% of market share in 2017.

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On the basis of region, the market in APAC is anticipated to dominate the global baby feeding bottles market both in terms of value and volume through to 2025. This trend is attributed to consumer dependence on baby feeding bottles as baby population is increasing exponential in this region.

Moreover, China is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global baby feeding bottles market are Philips AVENT, Artsana USA Inc., Novatex North America, Linyi Shansong Biological, Mayborn Group, Handi-Craft Company, Munchkin Inc., Tupperware, BABISIL, Pigeon India Pvt. Ltd, Narula Overseas Industries Pvt. Ltd., Bonny Baby Care Pvt. Limited, Wuxi New Swiss Baby Products Co., Ltd., Alpha Baby Care Co., Ltd., Paul Manufacturing Company, Narang Plastics, Chemco Group, Linco Baby Merchandise Work’s Co., Ltd., Farlin and Vital Baby.

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Sports Protective Equipment Market Segmentation by Products, Applications, Key Players and Regions

Transparency Market Research delivers key insights on the global sports protective equipment market. In terms of revenue, the global sports protective equipment market is estimated to expand at a CAGR of ~ 5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the sports protective equipment market report.

Sports protective equipment are uniquely designed for certain sports to prevent injuries. Sports protective equipment plays an integral role in ensuring the safety of an athlete who is participating in some sport. The sports industry is expanding rapidly across the world, as a large number of people are increasingly taking up sports and other recreational activities. The global sports industry, today, is an all-encompassing business, which covers everything from sporting goods and apparel to broadcasting rights, sponsorships, merchandising, and gate revenues.

In this sports protective equipment market report, TMR predicts that, the head protection segment is expected to have a prominent market share (~35%) in the global sports protective equipment market, which was valued at US$ 8.57 Bn in 2018, and is expected to expand at a CAGR of ~ 5% from 2019 to 2027. Head protection and upper body protection equipment acquired a substantial share of the sports protective equipment market, owing to the dominance of sports such as rugby, baseball, boxing, and ice hockey, where upper body protection and head protection equipment play a major role.

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In terms of product type, in the sports protective equipment market, the head protection segment accounted for a prominent market share, and this is anticipated to increase even more during the forecast period. The popularity of competitive sports, extreme sports, and fitness training, including strength programs, is increasing at an exponential rate. Extreme sports such as motor racing, dirt biking, mountain climbing, and water sports such as the ISA World Masters Surfing Championship and Freestyle Kayak Championships are examples of some of the popular extreme sports events that are gaining huge popularity among the population, worldwide.

The demand for sports protective equipment is anticipated to increase during the forecast period, with the growing participation of people in various sports. With higher participation across various sports, the impact of the driver is anticipated to be high, thereby, proliferating the demand for head protection equipment. Most sports-related injuries occur due to lack of usage of proper sports protective equipment. Hence, sports agencies and associations are becoming stricter in terms of the usage of protective sports equipment to minimize injuries.

Sports Protective Equipment Market: Prominent Regions

The sports protective equipment market in North America was valued at US$ 3.08 Bn in 2018, and is anticipated to rise at a CAGR of ~ 5% from 2019 to 2027. The introduction of many national and international leagues in various sports is leading to the massive increase in sports participation, which demands proper sports protective equipment, indirectly projecting new requirements for these equipment.

Water sports and racing are highly popular among the North American population. Water sports such as surfing and snorkelling are fairly popular in North America, owing to its geographical conditions, surrounded by multiple beaches. Additionally, racing sports such as drag race, dirt racing, and endurance championships are some of the well-known motorsports in North America where sports protective equipment plays a major role.

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The sport protective equipment market in South America is expected to witness steady growth in the coming years. The head protection equipment segment acquired a prominent share of 35%, in the sports protective equipment market in 2018, and is anticipated to grow further during the forecast period. This is due to the increasing number of participants in sports such as baseball, boxing, rugby, motorsports, etc. where head and upper body protection equipment plays a dominant role. The head protective equipment segment is closely followed by the upper body protection segment in the sports protective equipment market.

Sports Protective Equipment Market: Key Players

Key players operating in the global sports protective equipment market include Adidas AG, Amer Sports Corporation, ASICS Corporation, Grays of Cambridge Ltd., McDavid Inc., Mueller Sports Medicine, Inc., Nike Inc., Puma SE, Under Armour Inc., and Xenith LLC.

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Resistance Spot Welding Machines Market Analysis And Demand With Forecast Overview 2027

According to a new market report published by Transparency Market Research on the resistance spot welding machines market for the forecast period of 2019–2027, the resistance spot welding machines market is expected to reach a value of US$ 400 Mn by the year 2027.

Global Resistance Spot Welding Machines Market: Overview

• The global resistance spot welding machines market was valued at US$ 250 Mn in 2018, and is expected to expand at a CAGR of 5.5% from 2019 to 2027. The global resistance spot welding machines market is expanding significantly in terms of value.
• Asia Pacific is the largest resistance spot welding machines market, and is expected to maintain its dominance over the forecast period of 2019 to 2027.
• Resistance spot welding machines are used in sheet metal processing, production of nut & bolts, leak proof joints in small tanks & boilers, pipes & tubes, etc.

Resistance Spot Welding Machines Market: Driving Factors

• Growing production of passenger and commercial vehicles across the world is anticipated to fuel the demand for resistance spot welding machines during the forecast period.

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• Additionally, according to data published by the International Organization of Motor Vehicle Manufacturers, 2018, total commercial vehicle production, worldwide, stands at 25136912 units, out of which, the U.S. accounted for the highest share of approximately 33%, followed by China with 17%.
• Global energy infrastructure investments are also expected to drive the growth of the resistance spot welding machines market during the forecast period.

Resistance Spot Welding Machines Market: Key Challenges

• Material, weld force, and energy are important parameters of resistance spot welding machines. Process parameters need to be correctly controlled for good quality welding. The welded joints possess low tensile and fatigue strength. This factor is expected to create significant challenges in the resistance spot welding machines market.
• High electric power is required for the resistance spot welding machine process, and changing welding parameters lead to frequent wear of the electrodes.

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Resistance Spot Welding Machines Market: Competitive Landscape

• The resistance spot welding machines market includes several players focused on the development of new products to cater to market demand.
• The report includes the below-mentioned pointers of major players operating in the resistance spot welding machines market:
  • Company Overview
  • Product Profiling
  • Market Share Analysis (2018)
  • Product Innovation
  • Business Strategies/Recent Developments
    • Technological Advancements
    •  Key Mergers & Acquisitions
    • Expansion Strategies

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Fluorine-based Plasma Surface Treatment Machine for Leather Market Regions and Application Research Report Forecast to 2027

Transparency Market Research delivers key insights on the global fluorine-based plasma surface treatment machine for leather market. In terms of revenue, the global fluorine-based plasma surface treatment machine for leather market is anticipated to expand at a CAGR of ~3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in the fluorine-based plasma surface treatment machine for leather market report.

A plasma surface treatment machine is used to clean foreign contaminants on the surfaces and it activates the surface by using fluorine-based chemicals to improve the adhesion of any material. It is used for pre-treatment of various surfaces and to change the surface properties of material as needed. These machines are used for numerous applications such as cleaning, surface activation, surface coating, and surface etching.

In this market report, TMR estimates that based on process, anti-wrinkle processing of leather is likely to be the most widely used process on leather by the end of 2027 in the fluorine-based plasma surface treatment machine for leather market. The growing usage of leather with different functional properties (water & oil repellency, flame retardancy, antimicrobial, etc.) in different industrial sectors is anticipated to drive the market. Moreover, the fluorine-based plasma surface treatment machines for leather are generally used for research and development activities, so the market for fluorine-based plasma machines is at an emerging phase.

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Restriction on several fluorinated chemicals in some regions (as they produce harmful chemical by-products and unreacted compounds) can create hurdles for the growth of the market. In addition, higher cost of these machines hamper the growth of the fluorine-based plasma surface treatment machine for leather market.

Fluorine-based Plasma Surface Treatment Machine for Leather Market: Prominent Regions

Asia Pacific is projected to show prominent growth in the fluorine-based plasma surface treatment machine for leather market in the near future, due to increasing consumption of leather in various sectors. Europe is the dominant market for fluorine-based plasma surface treatment machine for leather over the years. Europe along with North America dominates the market. Easy usability of this machine is one the major reasons for growth of this market in North America and Europe. Rapid increase in usage of functional finished leather in automotive industry, and manufacturing of leather products (bags, jackets, protective clothing, shoes, etc.) is projected to be a major driving factor for the fluorine-based plasma surface treatment machine for leather market during the forecast period.

Major brands are likely to focus on research & development to manufacture high-tech machines and expand their business to strengthen their footprint in the global fluorine-based plasma surface treatment machine for leather market.

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Fluorine-based Plasma Surface Treatment Machine for Leather Market: Key Players

Prominent companies operating in the global fluorine-based plasma surface treatment machine for leather market include Nordson Corporation, PINK GmbH Thermosysteme, Diener electronic GmbH + Co. KG, Plasmatreat GmbH, Plasma Etch, Inc., Europlasma NV, Kawamura Sangyo Co.,Ltd, Harrick Plasma, ISYTECH, and Eltech Engineers Pvt Ltd.

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Portable Pressure Washer Market Share, Growth Rate, Forecast 2026

According to a new market report published by Transparency Market Research titled Portable Pressure Washer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2026, the global portable pressure washer market is expected to reach a value of US$ 2,048.4 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 3.5% during the forecast period from 2018 to 2026. Increasing commercial services and disposable income of consumers is expected to drive the market growth of portable pressure washers over the forecast period.

The growth in the global car washing industry is expected to fuel the demand for portable pressure washers for the automobile industry along with the expected increase in residential usage during the forecast period. Unlike conventional methods of washing, portable pressure washers are capable of saving water and thus go a long way in addressing the global water crises. This in turn increases the adoption of portable pressure washers in the residential and commercial sector. In addition, product development, modification in new products to increase efficiency of pressure washers, and capturing untapped markets is expected to fuel the demand for portable pressure washers over the forecast period.

High cost of consumer pressure washers and availability of substitutes such as foam based cleaning, and sandblasting cleaning equipment is expected to hamper the market during the forecast period. Noise emission by pressure washers hinders the growth of the market across the globe, due to environmental concerns.

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Electric consumer pressure washer segment is expected to hold the largest share in terms of revenue by the end of 2019 and is also projected to grow steadily over the forecast period (till 2026). Electric pressure washers are portable and compact, and hence are convenient to use. Electric pressure washers are preferred for residential use due to their affordability and convenience. Gas pressure washers are used for commercial purposes due to their ability to handle medium to heavy capacity. Increasing number of washing centers, swimming pools, and gardens will fuel the demand for consumer pressure washers during the forecast period.

Online channel of distribution is anticipated to have a CAGR of 4.3% due to increasing mobile adoption rate and digital marketing across the globe. E-commerce platforms such as Amazon and Alibaba will show significant growth due to a variety of pressure washers offered by them. In addition, these e-platforms provide various discounts and offers. Offline channel is expected to have a CAGR of 3.49% by 2026.

The portable pressure washer market in Asia Pacific is expected to witness the highest growth over the forecast period due to changing lifestyles and higher disposable income, coupled with greater affordability which has increased the demand for portable pressure washer systems. Themarket in the region is expected to witness growth at a CAGR of 3.7% in terms of revenue during the forecast period. The region comprises more of middle class consumers; therefore, portable pressure washers are expected to see high demand during the forecast period.

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Among the countries of Asia Pacific, Japan is anticipated to dominate the portable pressure washer market over the forecast period. The portable pressure washer market in India and China are projected to witness considerable growth rate during the forecast period due to the increasing population and growing nuclear families. The consumer durables industry in India and Japan has witnessed substantial change in the past couple of years.

North America holds major share in the global portalbe pressure washer market due to increasing growth of building exterior cleaning industries. Europe is expected to have the second largest market share in terms of growth rate due to better lifestyles, increasing disposable income, and infrastructure. Middle East & Africa is expected to have lower CAGR due to lack of water resources and strict rules and regulations framed by the governments.

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Door Controller Systems Market By Growth, Demand & Opportunities & Forecast 2027

In this technological advanced world, where work places and residential set ups all are changing drastically and adopting newer technologies, a significant growth is also seen in the door controller systems market. Mostly now all the commercial and residential building has high-tech set up and is constantly under CCTV surveillance, with such facilities the demand for door controller systems has also grown.  Moreover, in order to provide better security services and to keep a check on every entry and exist, door controller systems play a crucial role. Additionally, manufacturers provide door controller systems that use network infrastructure that helps in proper communication and transfer of information.

To unveil various growth prospects in the global door controller systems market, Transparency Market Research is coming up with its fresh report. In this report, all the major pointers adding up in the growth of this market are covered and explained with some recent examples.  Strengthens, drivers, opportunities, and threat are carefully analyzed in the report, which helps in drawing out a complete outline about the about the market and the way it can grow in the near future. Insights given in this report are projected to assist the stakeholders operating in the global door controller systems market. It helps them in taking decision that will increase their profits and expand their growth avenue in the near future.

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Global Door Controller Systems Market: Notable Developments

Producers are coming up with door controller systems that associate with the cloud framework and gives unified access security. Additionally, a few makers are incorporating alarm systems with cutting edge remote door controlling features. Such updates are upgrading the allure of door controller system producers in the global door controller system market.

Producers that are offering centralized sole solutions are likely to attract large number of customers. For example, Kisi sells whole door controller system on the organization’s site. This helps in providing secure equipment, programming, and establishment coordination administrations from a single source. Such factors increase the appeal of the door controller system maker, in this way driving the development in the global door controller system market.

Global Door Controller Systems Market: Drivers and Restraints

Globally, increasing use of advance technologies and growing need for better security and safety options are considered crucial factors driving demand in the global door controller systems market. Moreover, growing need for advanced hazards detection such as fire and gas leaks that will help in ensuring the safety of people staying at home. Significant rise in smart homes will also lead the demand for in the global door controller systems market.

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Global Door Controller Systems Market: Regional Outlook

Geographically, demand for door controller systems is growing significantly in Asia Pacific. Increasing use of advanced technologies and significant rise in providing better security solutions has made this region a leading market for door controller systems. Moreover, innovative and high-tech robberies are few there major reason for the growth of door controller systems market in this region. Besides, Asia Pacific, North America is also projected to contribute in the growth of the global door controller systems market in the coming years. Growing popularity of door controller systems for residential security and safety, and strong presence of manufacturers offering efficient and smart door controller systems are the reasons behind the growth of this market in North America. Moreover, growth of this market is also expected to be high in Latin America and the MEA region as well during the projected tenure.

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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