Thursday, 4 March 2021

Nail Care Market Present Scenario and Growth Analysis till 2027

According to a new research report published by Transparency Market Research titled ‘Nail Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global nail care market is expected to reach a value of US$ 20,940.2 Mn by 2027, expanding at a CAGR of 8.4% from 2019 to 2027. In terms of volume, the market is expected to reach 1,494.2 Mn units by 2027, expanding at a CAGR of approximately 7.0% during the forecast period.

Asia Pacific held a prominent share of the global market in 2018. The market in the region is projected to expand at a rapid pace during the forecast period. According to the report, the global nail care market is expanding significantly, in terms of size and value, due to the expansion of the e-commerce retail market, which in turn is driving the nail care market in the region.

This trend is anticipated to be continue during the forecast period. Increasing population of working women and changing male preference toward nail treatment is a key factor driving the global nail care market. Furthermore, popularity of gel polish has increased in both salons and homes. In particular, gel polish that does not require the use of an LED light is boosting the at-home gel market. Over 10% of women who do their own nails report using gel polish without an LED light, as compared to just 7% of those who use gel polish that requires an LED light. These are major factors that are expected to drive the nail care market during the forecast period.

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Based on product type, the nail color segment accounted for a leading share of the global nail care market in 2018. However, the nail treatment segment is projected to expand at a significant growth rate in the near future, as several nail brands are expanding from polish to the development of treatment products for the feet and hands. The nail color segment includes liquid nail color, gel nail color, base coat and top coat nail color sub-segments. Under nail color segment, liquid nail color hold the majority of market share while the gel nail color sub-segment is projected to expand at a rapid pace during the forecast period. This is due to continuous launch of new products that contain natural ingredients. These factors are expected to drive the nail care market during the forecast period.

In terms of sales type, the packaged segment accounted for a major share of the market, and expand at a rapid pace, in 2018. It is estimated to maintain its dominant position during the forecast period, as consumers are moving from nail salon to at-home care options. Earlier, premium brands used to be available only at a nail salon. However, the availability of premium brands at home boosts packaged sales in the premium nail polish market.

Asia Pacific accounted for 34.2% share of the global nail care market in 2018, followed by North America and Europe. It is anticipated to maintain its dominance during the forecast period. However, in terms of year-on-year growth, demand for nail care products is projected to rise at a rapid pace in Asia Pacific, followed by South America and Europe. Major manufacturers of nail care products are launching entire product ranges for men in response to a rise in demand from the segment. Grooming as a regimen is not restricted to women anymore, and manufacturers are taking note of this and catering to the demand. This is largely driven by the demand from APAC owing to the influence of South Korea-based beauty trends. This has led to the emergence of similar trends in Japan, China, India, Brazil, and Russia.

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Manufacturers operating in the global nail care market are facing intense competition. Market players often use price/quality characteristics to position their brands. In order to maintain their position in the market, players are offering free shipping and discounts on nail care products to customers. Key players operating in the global nail care market include American International Industries, Barielle Ltd., California Chemical Specialties, ChromaDurlin (NV Organics), CNC International B.V., OPI Products, Inc., Creative Nail Design, Inc., Delia Cosmetics, Fiabila S.A., IL Cosmetics Group, Kirker Enterprises, Inc., and Polychromatic (Keystone Research & Pharmaceutical Inc.).

Land Based Air and Missile Defense Market to Witness Steady Growth through 2024

Land based air and missile defense is considered as a weapon system. It finds its legitimacy or relevance in a nation’s basic need for homeland and sovereignty defense. In North Atlantic Treaty Organization (NATO), air defense comprises both air defense fighters and ground based air defense. In addition, land based air and missile defense are mostly used for homeland security and military application. S-band and X-band are widely used for ground-based air and missile defense application.

These are used for target detection and surveillance such as long range artilleries and ballistic 7 stealth missile among others. These systems are also used for countering smuggling, illicit fishing, piracy and terrorism among others. Ground-based air and missile defense are used to get real-time information in warfare situation. Ongoing war against conflicts in the Crimean Peninsula, Al-Qaeda in Afghanistan and ISIS in Syria are boosting the demand for land based air and military defense market during the forecast period of 2016 – 2024.

Based on types, the land based air and missile defense market is segmented into air policing, air surveillance, the home guard, radar, coast guard and others. In 2015, the home guard segment anticipated to be the key market for land based air and missile defense and expected to be the same during the estimate period of 2016 – 2024. Land based air and missile defense can stay on high readiness over a longer period of time. In addition, the land based air defense system only needs refueling once a day.

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Based on the various range, the land based air and missile defense market is segmented into long range & strategic system, medium range and short range. In 2015, the long range & strategic system segment anticipated to be the foremost market. There are several major factors boosting the land based air and missile defense market such as use of long range & strategic system in ballistic missile and conventional targets.

In addition, increasing demand for ballistic missile defense system is the other factor boosting the market for land based air and missile defense market during the forecast period. For example, the combined efforts of South Korean and the U.S. government to develop the land based missile and air defense in South Korea is anticipated to help increase the demand of land based air and missile defense system. Likewise, China and India’s efforts towards the expansion of missile defense system are expected to drive the land based air and missile defense market in the region. Moreover, clashes between countries in Middle East and Asia Pacific are anticipated to boost the market for short rang segment during the estimate period.

Based on the regions, the land based air and missile defense market is segmented into North America, Europe, Asia Pacific, South America and Middle East and Africa. North America holds the major market share followed by Europe. In addition, Asia Pacific have third largest share in land based air and missile defense market. Border problems among countries such as India, China and India and Pakistan among others are making countries to build up their defense system, which in turn boosting the demand of land based air and missile defense market. One of the other factor fueling the market for land based air and missile defense market is Brazilian Army which is investing massive amounts over command & control systems and sensors and remote sensing for defense during the forecast period of 2016 – 2024.

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Some of the important players in the land based air and missile defense market includes are Northrop Grumman Corporation (U.S.), Thales Group (France), Lockheed Martin Corporation (U.S.), SAAB Group (Sweden) and Raytheon Company (U.S.). These top players are aiming to penetrate increasing economies and are adopting various methods to drive their market share. Some of the others players are Airbus Group (Netherlands), BAE Systems (United Kingdom), Israel Aerospace Industries Ltd.(Israel), General Dynamics (United States), Almaz-Antey (Russia), Finmeccanica SPA(Italy), and Reutech Radar Systems (South Africa) among others.

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.

Aerial Imaging Market Growth Strategy and Industry Development to 2025

Updation of mapping technology has been the major factor responsible for the expansion of the global aerial imaging market. Aerial imaging finds itself in a wide range of applications across industries like tourism, journalism, archeology, construction and development, and cartography. Such popularity of aerial imaging is ascribed to the need for high-resolution imagery arising.

Existing organization in the global aerial imaging market is vying for more market share. They have shifted their focus to betterment of their features like intelligence surveillance, urban planning, route designing, and volume-based calculations. The companies are also into strategic collaborations for the expansion of their geographical footprint. Some of the renowned market players that have been analyzed in the global aerial imaging market are NRC Group ASA, Google Inc., High Eye Aerial Imaging Inc., Fugro N.V., EagleView Technologies Inc., and ARC Aerial Imaging Limited.

Transparency Market Research (TMR) has studied the global aerial imaging market in detail and has come up with a report on the same. Utilizing extensive research methods, TMR has included information pertinent to the dynamics of the global aerial imaging market. Analysts at TMR prophesize that the market is estimated to expand at 14.6% CAGR over the period of assessment, from 2017 to 2025.

Asia Pacific and North America Jointly Lead Growth of the Market

For the purpose of analysis, the global aerial imaging market has been segmented into the principal regions of Latin America, Middle East and Africa, Asia Pacific, Europe, and North America.

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The global aerial imaging market is estimated to be commanded by North America during the forecast period. The regional dominance of North America is likely to continue throughout the assessment period due to the augmented use of aerial imaging technology by the forestry and agricultural industry. Increased implementation of innovative tools drones in various industries for high-resolution aerial images are driving the market during the period of assessment.

In addition, for the purpose of disaster management, urban planning, monitoring and surveillance, aerial imaging tools are used extensively, which is driving the progress of the market in Asia Pacific. Rise in the affordability level of companies to make use of such premium technologies is fostering regional market growth.

Multiple Uses across Many Industries is Likely Facilitate Market Expansion

The global aerial imaging market is likely to be driven by accentuated use of the system in construction and development sector. In the construction sector, high-resolution images aids in ensuring safety of the workers. Those images are also used for marketing of construction projects.  These images can be utilized for the creation of 3D BIM models and shared with stakeholders to assess the viability of projects. Harnessing the benefits of aerial imaging technology, efficacious management of energy and resource is obtained, which adds to the growth of the market. Personal aerial mapping systems (PAMS) is finding increased use in present times, which is likely to offer lucrative growth opportunities to the global aerial imaging market over the timeframe of assessment.

Archeological researches have started involving aerial videography and photography so as to facilitate better analysis and study of ancient landscapes and site of historical significance. Property advertisements have also started using aerial images to attract more customers through better images. According to the analysts of TMR, cost effective yet highly efficient aerial photography is rapidly becoming a popular choice among the property sellers.

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Of late, geospatial technology has been making increased utilization of aerial imaging to provide precise location details for various purposes. The security and defense segment has emerged as a prominent user both geospatial data and aerial images.

High awareness levels among the consumers and with the availability of high-resolution aerial images from various providers have added impetus to the expansion of the aerial imaging market during the forecast period. Rapid growth in use of unmanned aerial vehicles or UAVs has facilitated augmented use of aerial images for many purposes. Growing popularity of location-based services among common people for entertainment and information is likely to open up new growth prospects for the market during assessment period, from 2017 to 2025.

Medium-voltage Switchgear Market Segmentation, Business Strategies and Growth Statistics by 2026

According to a new market research report on the medium-voltage switchgear market, published by Transparency Market Research, the global medium-voltage switchgear market is expected to reach value of US$ 8,395.0 Mn by 2026, expanding at a CAGR of 6.2% from 2018 to 2026. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 6.8% between 2018 and 2026.

Grid modernization to reform electricity transmission and distribution networks is driving the global medium-voltage switchgear market

From traditional electricity grids to smart grids, from power grids based on fossil fuels (such as coal and petroleum) to grids integrating renewable energy sources (such as solar and wind power), grid systems play a key role in the electricity sector. Resources such as coal and petroleum are not unlimited or renewable.

The faster they are used, the quicker they would be depleted. Energy-saving methods can be attained through advancements in technology and development of new forms of power grids, while improving the production of renewable energy and reducing the emissions of greenhouse gases. Thus, increasing government initiatives for renewal of existing transmission and distribution networks along with grid modernization are expected to propel the demand for medium-voltage switchgear during the forecast period.

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Medium-voltage Switchgear Market: Scope of Report

The global medium-voltage switchgear market has been broadly segmented in terms of voltage, insulation, end-use industry, and geography. In terms of voltage, the market has been classified into 3kV – 5kV, 6kV – 15kV, 17kV – 27kV, and 28kV – 40kV. Among these, the 6kV – 15kV segment accounted for a major market share around 30% in 2017. The segment is expected to expand at a significant CAGR of 6.4% during the forecast period. Based on insulation, the medium-voltage switchgear market has been divided into air-insulated switchgears, gas-insulated switchgears, and others. The air-insulated switchgears segment held the leading share of the market in 2017.

Air-insulated switchgears are extensively used in rural areas and favorable offsite terrains, where space, climatic conditions, seismic occurrences, and environment-related concerns is not an issue. In terms of end-use industry, the market has been classified into power plants, commercial sector, oil, gas and petrochemical, utility sector, paper & pulp industry, and others. In 2017, the utility sector segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 5.7% during the forecast period.

Based on region, the global medium-voltage switchgear market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global medium-voltage switchgear market in 2017, with China holding a major share of the market in the region. Demand for switchgears in China is primarily driven by increasing investments in electricity transmission and distribution networks across the country, renewal of faulty and aging electricity transmission and distribution networks, and rapid electrification in rural areas of the country.

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The U.S. dominates the market in North America, owing to increasing usage of medium-voltage switchgears in various electrification projects in commercial and residential sectors across the country. Europe is also expected to contribute significantly to the global medium-voltage switchgear market in the next few years. The medium-voltage switchgear market in Europe is expected to expand at a CAGR of 6.3% during the forecast period.

Global Medium-voltage Switchgear Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global medium-voltage switchgear market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global medium-voltage switchgear market are ABB Ltd, Chint Group Eaton Corporation Plc., General Electric Hyosung Corp, Mitsubishi Electric Corporation, Powell Industries, Inc., Romac, Inc., Schneider Electric SE, and Siemens AG. Companies are focusing on expanding their business through strategic acquisitions and partnerships.

Thin Client Market Key Drivers, Trends And Outlook For Next 5 Years

According to a new market report pertaining to the thin client market published by Transparency Market Research, the thin client market (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is projected to reach US$ 2,124.7 Mn by 2026 driven by increasing popularity of the concept of cost savings across all industries.

The market is projected to expand at a CAGR of 1.16% during the forecast period from 2018 to 2026. Growth of the market is attributed to high adoption of cloud technology. North America is anticipated to lead the thin client market, followed by Europe and Asia Pacific, during the forecast period. The thin client market is at an emerging stage and is anticipated to expand rapidly in the next few years.

High Cost Savings Factor to Drive the Market 

One of the significant reasons for deployment of thin client solutions in an enterprise is cost saving. Cost savings are possible through lower device costs as compared to PC substitutes, and the option to reuse older hardware. Cost saving is also achieved by making the systems energy efficient through lower heat generation. IT operations could benefit through the central management of all the thin client devices, together with patching and resource allocation between devices.

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Thin clients and the transformation of “fat” clients (PCs and laptops) to thin clients provides an opportunity for thin client dealers to market their products to cost-sensitive enterprises due to the relatively low cost of refurbishment of old hardware that has already been deployed, and/or purchasing new thin client hardware solutions.

High cost savings as a driver accounts for high impact on this market, as it is a factor that most of the companies are looking forward to. 

Thin Client Market: Scope of the Report 

The thin client market has been segmented based on components, enterprise size, end use industry, and region. Within the components segment, hardware component is expected to dominate the global market in 2018 owing to the increasing use of mobile based thin clients.

North America led the thin client market, accounting for substantial share in 2017. The U.S. is the major market for thin client in the region. The thin client market in Europe, Asia Pacific, Middle East & Africa, and South America is also expected to grow during the forecast period. 

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Thin Client Market: Competitive Dynamics 

The research study includes profiles of leading companies operating in the global thin client market. Key players profiled in the report include Samsung Electronics, NComputing Co. Ltd., IGEL, HP Development Company, L.P., Dell, Cisco Systems, Inc., 10ZiG Technology, Acer Inc., and Advantech Co., Ltd.

Surface Mount Technology Equipment Market Growth During the Forecast Period, 2021-2026

As per the recent report by Transparency Market Research, the global surface mount technology equipment market is expected to grow a substantial growth in the forecast period of 2018 to 2026. According to the report the factors that are driving this growth for the market include, growing application of consumer electronics, trend of miniaturization, and evolving manufacturing industry. Due to these factors the global surface mount technology equipment market is expected to witness 4.5% CAGR during the projected time frame. With this projection, the market is projected to register a whopping US$ 8.01 bn revenue by the end of 2026, says the report.

Growing Use of Flex Circuit Drives the Growth

Consumers demand flexibility these days. They are looking for devices that can come in handy in multiple applications. Hence, the electronic device manufacturers are inclining towards flexible electronics or flex electronics. They are designing flex circuits that can allow the devices to be useful in variety of use-cases to cater to the demand for the flexible device. Based on this growth in the use of flex circuits, the growth of global surface mount technology equipment market.

For instance, the LCD manufacturers are now using thin metal foils as a substrate to make the circuit flexible instead of glass based substrate. This allows the manufacturers to effectively reduce the cost of production while improving the efficiency of the final product. This also makes the LCDs resistant to frequent voltage fluctuations making them last longer than before. Based on such applications by various electronic gadgets and device manufacturers, the global surface mount technology equipment market is witnessing the projected growth.

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Emerging Players to Offer Quality Products at Lower Price

Currently the global surface mount technology equipment market is highly competitive and predominantly fragmented. This is because of the presence of several players that dominated the dynamics of global surface mount technology equipment market. These players also control the pricing of surface mount technology equipment, which makes them highly expensive for the end users.

Taking the price constraint as an opportunity, new players are developing under-budget quality products. This allows the new players to enter and establish themselves in the global surface mount technology equipment market. Also, for establishment and a sustainable future, these players are also focusing on strategies such as mergers and partnerships. These strategies allow the players to gather essential resources that can come in handy to establish their brand in the surface mount technology equipment market.

On the other hand, the already established players are adopting the strategies of acquisition and research and development. This allow the businesses to enhance their production capacity and distribution network along with bringing new products in the market. Using these strategies, the players can acquire a competitive edge over their rivals and boost their profit quotient in global surface mount technology equipment market.

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For example, in 2016, Juki Corporation, launched an innovative Long Board SMT Placement Machine, known as JX-350. This machine speeds the production of LCDs by autonomously placing the components on their precise place. With this machine the company was able to hold a significant share in the global surface mount technology equipment market in 2016.

Asia Pacific to Grab the Top Spot

On geographical front, the surface mount technology equipment market has a global presence. However, Asia Pacific is expected to grow substantially in the forecast period. This rapid growth of the region is attributed to rising demand for consumer electronics in India and China. Moreover, the availability of resources in these countries is easy and cost effective, this further attracts businesses to enter the region and boost the growth of Asia Pacific in the global surface mount technology equipment market during the estimated time frame.

Load Cell Market Strategies, Growth Factors and Forecast to 2027

Transparency Market Research delivers key insights on the global load cell market. In terms of revenue, the global load cell market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global load cell market.

Load cells are used to measure weight by converting the force into electric output, which is measurable. Load cells have multiple applications such as baby scales, truck scales, supermarket scales, test and measurement equipment, waste collection vehicles, overhead cranes, infant incubators, hospital beds, and oil well pumps.

Load Cell Market: Dynamics

Load cells are transducers that convert mechanical force to electric output. They help in precise measurement of weight. They are employed in several sectors, including agriculture, automotive, food & beverages, and industrial. Load cells provide a large number of benefits when used in agriculture, automotive, and industrial applications. Furthermore, load cells provide accurate weight even under harsh environments, including extreme temperatures and humidity and extreme weather conditions.

Owing to the ability to withstand harsh environments, the demand for load cells is on the rise. Several manufacturers are developing new products to cater to various applications. For instance, in 2019, Straightpoint, a load cell manufacturer, launched the Bluelink load cell, which is suitable for use in severe industrial environments.

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Weighing accuracy is an important aspect considered while designing load cells, as several industries including healthcare and food & beverages rely greatly on high-quality weight measurement. Industries have been using traditional mechanical weighing systems or force measurement products over the years, owing to their low prices. However, due to the increasing demand for load cells from various industries, manufacturers have started producing new and advanced load cells. These new load cells would help customers in measurement of weight and reading of data through mobile apps. Moreover, manufacturers are also designing and building vital load cell components for use in highly regulated industries such as pharmaceutical and food & beverages.

Load Cell Market: Prominent Regions

Europe is expected to dominate the global load cell market during the forecast period, owing to early penetration of technologies, presence of a large number of well-established players providing load cells, and increasing demand for load cells across industrial applications, including test & measurement equipment and automotive weighing systems. Countries such as the U.K., Germany, and France are major markets for load cells in Europe.

Moreover, the growth of the market in Europe is attributable to the imposition of increased landfill taxes (levied on materials disposed at landfill sites) in countries such as the U.S., owing to which load cells are being used in the country significantly for accurate measurement of weight of the waste to be disposed of into landfills. In addition to this, they are using truck scales to ensure precise weighing of trucks. Furthermore, the market in Asia Pacific and North America is projected to expand at a significant pace during the forecast period, as a result of growing use of load cells in agriculture and food & beverages sectors. The U.S., China, Japan, and India are prominent countries in these regions.

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Load Cell Market: Key Players

A global load cell market witnesses a presence of a large number of well-established as well as emerging players. A few of the key players operating in the global load cell market are Tecsis GmbH, Honeywell International Inc., OMEGA Engineering, TE Connectivity, ALFA LAVAL, HBM, FUTEK Advanced Sensor Technology, Inc., ABB, and Flintec. These players are launching new products to gain higher market share. For instance, in June 2019, FUTEK Advanced Sensor Technology, Inc., a load cell manufacturer, launched a new load cell, which is sub-miniature in nature and is an addition to the company’s LCM load cell series. The capacity of this load cell ranges from 25 lbs. to 1,000 lbs.

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 ...