3D Printing in Eyewear Market To Witness The Highest Growth Globally In Coming Years 2027

According to a new research report pertaining to the global 3D printing in eyewear market, published by Transparency Market Research the global 3D printing in eyewear market is expected to reach a value of 1.2 Bn by 2027, expanding at a CAGR of ~12% from 2019 to 2027. According to the report, the global 3D printing in eyewear market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

Advancements in Technology Driving Global 3D Printing in Eyewear Market

• 3D printing encompasses several forms of 3D printing materials and technologies. A large number of 3D printing materials are used in 3D printing, such as polyamides, photopolymers, carbon, grapheme, and plastics.
• Polyamide 12 (nylon) is a largely used material for 3D printing in glass frames. This material possesses durability and resistance, and is easy to be used in eyewear frames.
• 3D printer manufacturers are focusing on specific technologies for 3D printing. Some of the largely used technologies for 3D printing are stereo lithography, selective laser sintering, material jetting, and powder bed fusion.
• Also, the use of 3D printers in selective laser sintering for the manufacture of customized eyewear has been driving the global 3D printing in eyewear market.

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Increasing Penetration of 3D Printing in Eyewear

• At present, customers are looking for new and trendy fashionable sunglasses that suit their attire. People are currently choosing the type of glass depending on the occasion. 3D printing has provided customers with an option of designing their own eyewear.
• 3D printing has become popular in eyewear and applications such as reading glasses, sunglasses, and sport glasses.
• For instance, Glasses USA offers several categories of 3D printed fashionable sunglasses. Customers can even choose to add their names and phone numbers as per their preference.
• Increasing demand for 3D printed commercial eyewear is expected to augment the global 3D printing in eyewear market during the forecast period.
• Additionally, 3D printing technology introduces unlimited possibilities of designs, which is likely to augment the global market for 3D printing in eyewear in the next few years.

Asia Pacific a Highly Lucrative 3D Printing in Eyewear Market

• North America is expected to hold the maximum share of the global 3D printing in eyewear market during the forecast period, owing to the early adoption of 3D printing in eyewear in the region. Asia Pacific and Europe account for a considerable market share too. These regions are projected to provide lucrative opportunities to the 3D printing in eyewear market during the forecast period.
• China dominated the 3D printing in eyewear market in Asia Pacific in 2018. The 3D printing in eyewear market in the country is expected to expand at a prominent CAGR from 2019 to 2027. Moreover, continuous advancements in the eyewear industry in Asia Pacific would provide lucrative opportunities to the 3D printing in eyewear market in the region in the next few years.

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Global 3D Printing in Eyewear Market: Key Players

The report provides the profiles of leading players operating in the global 3D printing in eyewear market. These players are Formlabs, Inc., Carbon Inc., Glasses USA Inc., Hoya Corporation, Hoet NV, Protos, LUXeXceL Group B.V., Stratasys Ltd., Materialise, MykIta GmbH, Luxottica Group, and MonoQool.

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Industrial Control and Factory Automation Market Growth Rate, Forecast 2024

The Industrial control and Factory automation is a rising trend in the manufacturing industry which provides smart manufacturing infrastructure. The industrial control and factory automation facilitates cost efficiency, quality of production; standardize manufacturing, reliability and flexibility in the process of manufacturing. Industrial control and factory automation offers perfect mix of mechanical components and devices and Information Technology.

The emerging applications such as heating ventilation air conditioning (HVAC) systems, electronic power distribution systems and human machine interface (HMI) would further spur the demand of industrial controls and automation in the coming years. Technological developments in process monitoring, industrial automation and control over the last decades have contributed immensly towards improvement of productivity of all manufacturing industries globally.

Blend of smart mechanical technology with IT technology has given spur to the industrial controls and factory automation market. These systems are used in the industries create the standardized and reliable production environment. Advantages offered by automation in manufacturing activities includes cost-efficiency, reduced feedback, fast production, waste reduction, production monitoring and management over the conventional manual processes. Several mechanical devices are integrated with IT systems for enhanced outcomes in automation. Software systems such as Enterprise Resource planning (ERP) are assisting the market to broaden its service offerings. It is delivering improved quality, standardized and dependable products within time frame and at moderate cost to the customers.

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Industrial Control and Factory Automation Market: Drivers

The focus by industry players on achieving energy efficiency in manufacturing process is driving the market. In addition, others factors such as internet of things, country and government initiatives towards improving production activities, services blending manufacturing and engineering technologies and shifting production base are driving the market. Other drivers are country wise investment and development plan for production activities and shifting in the manufacturing base. The market is expected to grow substantially in developing economies such as Asia-Pacific, which is primarily attributed to the rise in the factory automation and industry control system implementation.

Industrial Control and Factory Automation Market: Challenges

Factors such as lack of awareness, limited fund generation for re-investment owing to compact working capital cycle, narrow geographical diversity and absence of standardization are restraints for the market. Major number of industrial units function on a compact budget, in particular for small and medium enterprises (SME). This creates limited opportunities for re-investment as profits margins are low. This acts as one of the key restrains for market as not every production facilities can afford to invest in the automation and industrial control systems.

Another restrain for players in the market is less availability of trained professionals who can help the implementation of automation and control processes. Companies in the market are delivering training programs and certifications to the interested individuals so as to overcome this challenge. Although, emerging countries in the area of production, reduction in prices, adoption of latest technology and developing scope of used robots offer immense opportunity for industrial control and factory automation market.

Industrial Control and Factory Automation Market: Segmentation

The market is segmented by application and product. Application include power, automotive, printing and packaging, oil and gas, pharmaceuticals, textile, chemical, plastics, food processing and original equipment manufacturers (OEM). Products include industrial control systems, machine vision, sensors, relay and switches, field devices, manufacturing execution system (MES) and motion and drives. Field devices are further segmented as industrial networks, industrial robotics and control devices.

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Key players in the market include Yokogawa Electric Corporation, Ametek Inc., Honeywell International, Bosch Automation, Emerson, Mitsubishi Corporation, Schneider Electric, National Instrument Corporation, General Electric Co, Siemens Ag, Rockwell Automation, Omron Corporation and ABB Ltd.

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.

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Cold Storage Warehouse Market Demand & Opportunities & Forecast 2027

 

• Cold storage warehouse are used to store perishable items, such as fruits, vegetables, meat, seafood, and dairy products, at a desired temperature to maintain the quality of the product for a long time.
• Cold storages plays a critical part in the supply chain that ships groceries, medicines, and other temperature-sensitive products. High initial investment is required to set up a cold storage unit.
•  It requires facilities, such as dock-to-stock process (using temperature control docks to move inventory quickly and safely), systems to control humidity and moisture, calculate guaranteed inventory counts, and contingency plans in case of any disaster.
• Cold storage warehouse can be in variety of places. A manufacturer may have a private cold storage facility to warehouse products before sending them to end consumers.
•  End-users (for instance, hotels) may have cold storage facilities to store temperature-controlled products after receiving from suppliers. Moreover, cold storage is outsourced to third party logistic provider (3PL) where products stay until they are ready to be shipped to end-users.

Rise in Online Grocery Shopping to Drive the Global Cold Storage Warehouse Market

• Increase in online grocery purchasing trend globally is anticipated to boost the demand for cold storage warehouses. With the advent of several online grocery shopping service providers, such as Walmart, Amazon, Kroger, and Target Corporation, the demand for cold storage warehouses is anticipated to increase.
• These companies serve as a link between grocery sellers and end consumers, and require cold storage units to stock substantial amount of food products. Thus, with rapid urbanization, the demand for online grocery shopping is likely to increase, which, in turn, will fuel the demand for cold storage warehouses.

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Diverse Cooling Requirements and High Initial Investments to Hamper Cold Storage Warehouse Market

• One of the major concerns associated with cold storage warehouses is varied cooling requirements as per different inventory products. Different products have different shelf life and require diverse cooling temperatures to maintain suitable quality. Managing such a diverse product portfolio is a task.
• Additionally, high initial investments and maintenance cost associated with cold storage warehouse restricts the growth of the cold storage warehouse market. Cold storage warehouses requires ammonia, refrigeration, piping systems, and HVAC systems, among others that require high initial investment.
• Cold storage facilities with average cost per square foot range between US$ 80 and US$ 120 based on different markets. Furthermore, high rental cost associated with cold storage facilities also hamper market growth.

Asia Pacific to Hold a Leading Share of Global Cold Storage Warehouse Market

• Geographically, the global Cold Storage Warehouse 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 Cold Storage Warehouse 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 Cold Storage Warehouse market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America Cold Storage Warehouse market is segmented into Brazil, and Rest of South America.
• Asia Pacific dominates the market share due to growing consumer preference for online grocery shopping.
• However, North America is anticipated to grow at a fastest CAGR growth rate during the forecast period. Rising demand of chilled and frozen food is projected to drive cold storage warehouse market in the region.

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Key Players Operating in the Cold Storage Warehouse Market:

The Cold Storage Warehouse market is competitive with several global and regional players. Major players are adopting various strategies, such as regional expansion to enhance their position in the market.

Companies are focusing on increasing awareness about eco-friendly and zero waste products. Companies are expanding their business across different region to cater to the demand of consumers. The company focuses on emerging markets to expand its customer base. A few of the key players operating in the global Cold Storage Warehouse market are:

• LINEAGE LOGISTICS HOLDING, LLC.
• AmeriCold Logistics LLC
• United States Cold Storage
• DHL International GmbH
• XPO Logistics, Inc.
• VersaCold Logistics Services

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Concrete Surface Retarders Market By Growth, Demand & Opportunities & Forecast 2026

Concrete surface retarders are easy to use and work effectively. The product has bond improvement for waterproofing materials coupled with creation of exposed surfaces. Growing demand for product to be used including precast concrete, decorative sidewalks, and slip resistance surfaces, which is driving growth of the market.

The concrete surface retarders market report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the concrete surface retarders market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information of these prominent players. 

Global Concrete Surface Retarders Market: Drivers and Restraints 

The global concrete surface retarders market is gaining traction due to substantial growth over the projected period. Growing demand for concrete surface from residential and non-residential construction sector is driving growth of the global concrete surface retards market. Also, the product is applied with fresh concrete and setting process chemically. The growing application of concrete surface retarders that allows better design and better finish to the complex structures is propelling growth of the global concrete surface retards market. Growing demand for modern architecture is likely to fuel growth of the global concrete surface retards market over the forecast period.

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The product is cost-effective solution for removing uneven concrete surface. Moreover, Volatile Organic Compounds (VOC) content is low mainly in the cement, which makes it environmentally friendly. Growing demand for green building materials that lower the ill impacts of construction activities is boosting the growth of the global concrete surface retards market.

Global Concrete Surface Retarders Market: Geographical Analysis 

Based on the region, the concrete surface retarders market is segmented in to North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, North America is expected to dominate the global concrete surface market. however, emerging market in the Asia Pacific is making it lucratively expanding region. 

Global Concrete Surface Retarders Market: Companies Mentioned 

Some of the key companies operating in the global concrete surface retarders market are BASF, GCP Applied Technologies, RussTech, W. R. Meadows, Parchem Construction Supplies, and Sika. 

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Key highlights of this report include: 

• Overview of key market forces propelling and restraining market growth
• Up-to-date analyses of market trends and technological improvements
• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis

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In-Car Command Control System Market Competitive Landscape, Regional Analysis and Forecast 2027

 

• The in-car command control system comprises various components including software and hardware to control the vehicle functions easily. Advancements in technology have led to the development of advanced command control systems in vehicles, which offer ease of control of vehicle operations such as audio control and car unlock.
• New vehicles are being fitted with audio which can be recognized by the human voice and the passenger can drive comfortably. The command control system consists of software that identifies the passenger’s voice and carries out the operations according to the instructions given by the passenger.

Key drivers of in- car command control system market

• The safety of vehicle and passengers has become the important factor for consumers while buying a vehicle. Rise in demand for automotive vehicles across the global is projected to be a key factor that boosts the in-car command control system market. Every vehicle manufacturer is emphasizing on the integration of advanced technology in vehicles, which in turn to fuel the in-car command control system market.
• Presently, everyone has smartphones that contain major applications including Android connect and automatic parking, which controls various operations including phone calls. These mobile applications connect to the vehicle and control vehicle operations such as air condition temperature control and navigation system. The command control system enables the passenger to view the traffic situation on his chosen route. Increase in adoption of autonomous vehicles integrated with advanced technology which in turn is estimated to boost the in-car command control system market.

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North America & Asia Pacific to hold prominent share of in-car command control system market

• Penetration of In -car command control system is significantly high in Asia Pacific and North America. Presence of major original equipment manufacturers in Asia Pacific and North America is likely to boost the in- car command control system market in these regions. Increase in research and development in developing countries including China, India is projected to further propel the in-car command control system market in the region.

• Major Tier1 suppliers including Rockwell Collins are based in North America, which accounts for a major share of the global market. Increase in Demand for automotive vehicles in Europe is projected to boost the in- car command control system market. Major Companies from Europe region including Robert Bosch, Continental AG are trying to integrate the command control system in the vehicle which will help to boost the in- car command control system market.

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Key players operating in in-car command control system market

The global in-car command control system market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global in-car command control system market are:

• Continental AG
• General Dynamics
• Robert Bosch GmbH
• Rockwell Collins
• Rolta India Limited
• CACI International Inc.
• Siemens AG
• Elbit Systems Ltd

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Railcar Leasing Market Growth Drivers and Leading Players

 

• Railcar is a train that consist of single coach including carriage and car and is designed to transport goods. A service that provides these railcars on lease or on rent basis is called railcar leasing. It offers diverse carriage and cars for full-service or lease. The lease also includes tax and insurance charges, as well as other financial structures.
• Railcar leasing service can be utilized for transportation including metals and mining, oil & gas products and other products. Transportation through railcar is increasing due to growing industrialization, which is likely to boost the railcar leasing market across the globe.

Key drivers of Railcar Leasing Market:

• Rise in demand for petrochemical and gases transportation through railcar is likely to propel the railcar leasing market across the globe. Perishable food products that are being transported through refrigerated containers would be lucrative for the railcar leasing market. Rise in demand for perishable goods including seafood and pharmaceutical products, which are stored in a temperature controlled containers, is anticipated to boost the railcar leasing market across the globe.
• Intelligent railcars digitalize the railcar operations, which is connected across the entire supply chain, is likely to fuel the railcar leasing market across the globe. Integration of Internet of things (IoT) in railcars, which offers features such as digital assistance for loading and unloading and provides arrival notification, is estimated to boost the railcar leasing market across the globe. Enactment of stringent regulations regarding safety concerns about railcars, including DOT 117, across the globe is expected to propel the global railcar leasing market.

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Asia Pacific and North America to hold prominent share of global railcar leasing market

• Asia Pacific is projected to hold a major share of the global railcar leasing market due to growing investments by governments for development of transportation infrastructure projects related to railways across the region. Rise in petrochemical transportation is a key factor that is likely to propel the railcar leasing market in Asia Pacific.
• Followed by Asia Pacific, North America is projected to hold a significant share of the global railcar leasing market due to an increase in rail freight supply chains across North America. Expansion of railway network across North America is anticipated to further drive the railcar leasing market in the region. Key players are entering into partnerships with railcar manufacturers to manage lease and outsource fleets across North America, which in turn is likely to fuel the railcar leasing market in the region.

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Key Players Operating in Global Railcar Leasing Market

The global railcar leasing market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the railcar leasing market are:

•  American Railcar Industries Inc.
•  Brunswick Rail Management Ltd.
•  CIT Group Inc.
•  GATX Corporation
•  Mitsui Rail Capital
•  The Greenbrier Companies
•  Trinity Industries Inc.

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Vehicle Battery Market Statistics, Facts and Figures 2021-2030

According to the report, the global vehicle battery market is projected to surpass US$ 65 Bn by 2030, expanding at a CAGR of ~3% during the forecast period. Rise in trade and distance between manufacturing units and end users are likely to boost the market for vehicle batteries during forecast period. Majority of countries, including Italy, China, Germany, India, the U.S., the U.K., France, and Japan are enacting stringent regulations and vehicle standards pertaining to vehicle emission, which in turn is prompting automakers to launch vehicles with new technology to reduce emissions.

Automakers, including Ford Motors, General Motors, and Volkswagen are shifting their focus on development, marketing, and increasing sales of electric vehicles. These companies are planning to discontinue production of IC-engine powered vehicles at their production facilities based in Germany, Italy, France, and Spain in Europe. This, in turn is anticipated to increase the production of electric vehicles (EVs).

Expansion of Vehicle Battery Market

Increasing electrification of vehicles through incorporation of various technologies is anticipated to boost the global vehicle battery market. Based on battery type, the global vehicle battery market has been segmented into lead acid, lithium ion, and others. The lithium ion segment is expected to expand at a high growth rate owing to an increase in the demand for hybrids and electric vehicles.

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However, the lead acid segment is projected to hold a leading share, in terms of volume, even with rise in sales of electric vehicle, owing to their use as auxiliary battery in electric vehicles. In terms of vehicle class, the global vehicle battery market has been classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment held a dominant share of the vehicle battery market in 2019 due to the higher production volume of passenger vehicles.

The production of light commercial vehicles witnessed a resurgence in North America and Europe. The demand for light commercial vehicles is also increasing in developing regions such as Latin America and Asia Pacific, owing to a rise in industrial and manufacturing activities. Thus, the light commercial vehicle segment is estimated to expand at a steady pace during the forecast period.

Regional Analysis of Vehicle Battery Market

In terms of region, the global vehicle battery market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global vehicle battery market in 2019. It is anticipated to hold a leading share during the forecast period due to high production of vehicles in China, India, Japan, and South Korea. China is the leading producer of lithium-ion batteries, globally and hence, China holds a key share of the global vehicle battery market.

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Prominent players operating in the global vehicle battery market include BYD Company Limited, Panasonic Corporation, Johnson Controls International PLC, SAMSUNG SDI Co., Ltd., Contemporary Amperex Technology Co., Limited., LG Chem Ltd., A123 Systems LLC, C&D Technologies Inc., East Penn Manufacturing Company, Enersys Inc, Exide Technologies Inc., GS Yuasa Corporation, Koyo Battery Co., Ltd., and Northstar Battery Company LLC.

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