Tuesday, 9 March 2021

Programmable Stage Lighting Market Price Analysis 2021-2026

According to a new research report by Transparency Market Research (TMR), the global programmable stage lighting market is demonstrating a competitive vendor landscape, thanks to the presence of a large pool of participants. The degree of competition within this market is expected to increase substantially in the years to come, owing to the continual launches of innovative products.

Altman Lighting Co., Guangzhou Yajiang Photoelectric Equipment Co. Ltd., PR Lighting Ltd., Chauvet & Sons Inc., Martin Professional, Guangzhou GTD Lighting Technology Co. Ltd., General Electric Co., ADJ Products LLC., Clay Paky S.p.A., Brand Lighting, ROBE lighting s. r. o., and Robert Juliat are some of the key vendors of programmable stage lighting products across the world, reviewed in this research study.

As per the study, the global market for programmable stage lighting, which stood at US$1.19 bn in 2016, is expected to rise at a CAGR of 7.0% during the period from 2018 to 2026 and increase to a value of US$2.29 bn by the end of the period of the forecast. LED lights have been reporting a higher demand than any other type of programmable stage light and are expected to continue on the same path over the next few years. Strip lights have surfaced as the most favored product in this market and are projected to remain so in the years to come. North America led the global market in 2016 with a share of nearly 50%. Researchers anticipate the regional market to retain its position over the period of the forecast.

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Advancements in LED Technology to Support Market’s Growth

“The demand for programmable stage lights has increased significantly over the last two decade, thanks to the rising usage of such lights across the world for music events, stage shows, live in concerts, premier clubs, conference rooms, bars, theme parks, shops, and architectural environments,” says an analyst at TMR.

The market is likely to gain remarkably from the significant advancement in the LED technology over the next few years. The augmenting demand for smart wireless lighting controls is also expected to contribute positively to the growth of this market in the years to come, report the market study.

Availability of Cheap Lighting Products to Reflect Negatively on Market

On the other hand, the availability of cheap lighting products, especially in emerging economies, may limit the growth of the worldwide market for programmable stage lights in the near future. However, the shift of consumers in these regions towards LED-based programmable stage lighting is anticipated to normalize the impact of these restraints over the forthcoming years, states the research report.

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The review is based on a report by Transparency Market Research (TMR), titled “Programmable Stage Lighting Market (Light Type – Laser Light, LED Light, and Halogen; Product Type – Moving Head Lights, Strip Lights, and PAR Can Lights; Technology – Bluetooth and Wi-Fi; Application – Entertainment Places and Theatres) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026.”

Key Takeaways:

  • LED lights have been reporting a higher demand than any other type of programmable stage light.
  • Strip lights have surfaced as the most favored product in this market.

Thin Wafer Processing and Dicing Equipment Market Opportunities with Investment Analysis By Top Players

Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp, Advanced Dicing Technologies, and Tokyo Electron Ltd. are operating in the global thin wafer processing and dicing equipment market.

According to TMR, the global thin wafer processing and dicing equipment market is likely to expand at a CAGR of 6.80% over the forecast period to attain a value of US$692.5 mn by 2024-end. The market had acquired a value of US$388.9 mn in 2015.

Based on the type, the blade-dicing segment dominated the global thin wafer processing and dicing equipment market and is expected to remain dominant by the end of the forecast period. However, the laser-dicing segment is expected to expand with the fastest CAGR over the predicted years. This growth of the market is attributable to the demand for the high-speed dicing coupled with superior breakage strength.

Based on the region, Asia Pacific accounted for the leading share of 64.2% in 2015 and is anticipated to remain dominant over the forecast period. This growth is due to growing semiconductor manufacturing along with growing industrialization in the region is boosting its adoption. However, North America held the second largest share in the thin wafer processing and dicing equipment market.

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Highest Applications in RFID to Propel Market Growth 

The thin wafer processing and dicing equipment market is gaining traction due to the incorporation of microelectronics across consumer electronics. The demand for technologies such as power devices and MEMS devices are boosting demand for the thin wafers. Additionally, this demand is boosting demand for better manufacturing processes, which is an important phase in the ultra-thin wafer manufacturing processes.

Additionally, the thin wafer processing and dicing devices have robust applications among radio-frequency identification devices (RFID) for wafer processing and dicing equipment. Some of the traditional methods are trying to lower the size of the wafer to make it suitable for RFID applications. As RFID requires the thin wafer as thin as 50 to 120 micrometers, the thin wafer processing meets this demand. GroRequest Sample For More Information@wing applications of RFID across identity solutions and consumer electronics is resulting in extensive the growth of the global thin wafer processing and dicing equipment market. Furthermore, RFID has widened its application across smart cards and other identification tags. These applications demand for a smooth surface with the thinned wafer, which is encouraging the use of the thin wafer processing and dicing equipment market.

Investment for Improvement in Wafers to Offer Lucrative Opportunities 

Further, growing advancements and lowering size of the wafers is boosting its application across chemical mechanical polishing (CMP). The wafers are increasingly integrated into processing mainly to the high-quality flat surface of the wafer. This is propelling growth of the global thin wafer processing and dicing equipment market. Nonetheless, growing investments for improvement in deposition systems and multiple designs from customers of numerous sectors is offering lucrative opportunities for growth of the thin wafer processing and dicing equipment market. Manufacture of the technologies based on radio frequency (RF) devices supporting to 4G and 5G wireless infrastructure is expected to offer opportunities for growth over the forecast period.

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This information is encompassed in the report by TMR, titled, “Thin Wafer Processing and Dicing Equipment Market (Application – Logic and Memory, Micro Electro Mechanical Systems (MEMS), Power Device, Radio Frequency Identification (RFID), and CMOS Image Sensor; Wafer Thickness – 750 micrometer, 120 micrometer, and 50 micrometer; Dicing Technology – Blade Dicing, Laser Dicing, and Plasma Dicing) – Global Industry Analysis, Trend, Size, Share and Forecast 2016 – 2024.”

Air Bearings Market By Production, Manufacturer, Revenue Analysis And Forecast To 2027

Transparency Market Research delivers key insights on the global air bearings market. In terms of revenue, the global air bearings market is estimated to expand at a CAGR of ~ 7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the air bearings market report.

In air bearings, the balls are replaced by a cushion of air. The most common application of air bearings is the hovercraft. Large fans blow underneath the hovercraft and the air is trapped under a flexible rubber ‘skirt’. This cushion not only supports the craft’s weight but also acts as a soft spring, which allows it to smoothly float over water or land. A similar principle is used by air bearings, where high pressure air is fed into the gap between stationary bearings and a rotational shaft. The gap is very small – around 1/100 of a millimetre, allowing the air pressure to be maintained within the bearing.

In this global air bearings market report, TMR predicts that, the aerostatic segment is expected to have a prominent share of ~ 56% in the global air bearings market, which was valued at US$ 4.3 Bn in 2018, and is expected to expand at a CAGR of ~ 7% from 2019 to 2027. Aerostatic bearings are preferred over the aerodynamic type, owing to their features such as high speed and higher acceleration during its operation.

This bearing can also support its entire designed load at zero speed. Aerostatic bearings can be used with low heat with accurate rotation. Additionally, aerostatic bearings are less rigid and are easier to handle smaller load capacities. Aerostatic bearings are useful in multiple applications such as micro-positioning, machining, and grinding that require frictionless superior performance at zero speed.

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Air bearings are commonly used to support linear variable differential transformer (LVDT) cores to improve reliability and reduce gauging forces. Aerostatic bearings do not suffer from friction-induced wear, and additionally, they have no starting and stopping friction. Aerostatic bearings are popularly used in grinding, machining, and micro positioning applications, where full performance at zero speed and the absence of friction is extremely vital.

Air Bearings Market: Prominent Regions

North America held the second-largest share in the air bearings market, accounting for 29.9% of the overall industry in 2018. Technological advancements and the flourishing automotive industry in this region are primarily driving the air bearings market. The industry competition for air bearings is high, and investment and technology thresholds in this industry are relatively high. The demand for air bearings for industrial machinery is also expected to be highly stimulated by rising global manufacturing activity, which helps increase associated fixed investment expenditures. The dominance of the automotive industry over the years in the U.S has resulted in a rise in the demand for air bearings. Moreover, investments in research and development have also led to the strong growth of the automotive and space aviation industry in the U.S.

Asia Pacific dominates the air bearings market, and is expected to grow at a CAGR of ~ 8%. The region accounted for a 34.1% share of the overall air bearings market in 2018. Growth in the Asia Pacific market is attributed to expansion of the aviation industry and rapid industrialization in the region. Manufacturers of air bearings that are required for the steel industry are concentrated in Japan, Europe, China, and North America. China is the largest manufacturer of bearings for the steel industry, followed by Europe and North America.

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Air Bearings Market: Key Players

Key players operating in the global air bearings market include Air Bearings Ltd., APG-Neuros, Bladon Jets, Capstone Turbine Corporation, Honeywell International Inc., Hovair Systems Inc., IBS Precision Engineering, LAB Motion Systems, Specialty Components Inc., SKF, Seagull Solutions Inc., R&D Dynamics Corporation, PI Nelson Air Corp, OAV Air Bearings, Mohawk Innovative Technology Inc., and Leuven Air Bearings NV.

Monday, 8 March 2021

Multimodal Transport Market Competitive Landscape Analysis 2020 to 2027

Multimodal transport is a conjunction of two or more than two modes of transport services that are used to transport goods and freight from one place to another. Multimodal transport is also referred to as combined transport, as it uses several modes of transport in combination such as rail, land, water, and air to transport the product from source to destination. Multimodal transport also uses one transport bill of lading for its services and operation and optimizes lead times, reduces inventory costs, and regulates freight level costs.

Global Multimodal Transport Market: Competitive Landscape

  • In 2018, C.H. Robinson entered into a five-year contract with Austal, an Australia-based Shipbuilding company, for expert freight forwarding and customs clearance services in order to fulfill Austal’s logistics and supply chain needs

DB SCHENKER

DB SCHENKER was founded in 1872. It’s presently headquartered in Essen, Germany. It is a leading global player in the field of logistics. It providers logistics, which support trade and industry in the exchange of goods via land, air, and water transport, contract logistics, and supply chain management. The company has global presence through more than 2,000 locations and owns 750 warehouses across the globe.

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KUEHNE + NAGEL

Established in 1890, KUEHNE + NAGEL is presently based in Schindellegi, Feusisberg, Switzerland. KUEHNE + NAGEL is major global company that provides logistics services to diverse sectors including aerospace, FMCG, industrials, automotive, high tech, oil & gas logistics, retail, and pharma & healthcare. The company deals with value-added segment with IT-based integrated logistics solutions. KUEHNE + NAGEL operates with through 1300 offices located across 100 countries worldwide.

GEODIS

Founded in 2008, GEODIS is presently headquartered in Levallois-Perret, France. GEODIS is a leading global player operating in the field of transport and logistics. It has major presence in Europe. The company is a part of SNFC Logistics, a business line of SNFC Group. GEODIS has presence in 120 countries, globally

Global Multimodal Transport Market: Dynamics

Rise proportion of trade across the global drives multimodal transport market

Global trade has been expanding significantly for the last few years, thereby boosting and transforming the global economy completely. Presently, on a global scale, approximately 1/4th of total global production is exported. Moreover, budding bilateral trade and revised trade policies and customs between countries around the world have led to an increase in trade volume and proportion, which is a major contributor to economic growth across the world. High volume of international trade has been witnessed in countries such as China, the U.S., those in the European Union, Japan, South Korea, India, Saudi Arabia, and those in ASEAN. This has fueled the demand for multimodal transport.

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The transition and evolution of global transportation is primarily due to expansion of manufacturing and agriculture industries, which in turn fuels the demand for multimodal transport to carry goods and material from one place to another. These factors are primarily projected to propel the multimodal transport market in the near future.

Rise of e-commerce

E-commerce plays very key role in offering freight customers new options to boost their economic growth. Internet-based retailing and online shopping is witnessing significant expansion in majority of countries across the globe, owing to an increase in speedy internet access, which has led to rising preference toward e-tailing among consumers. Significant expansion of online shopping around the world and hassle-free shopping has led to a boom in demand for door-to-door transport services in order to fulfill shipment requirements, which in turn is anticipated to propel the multimodal transport market during the forecast period.

Automotive Retrofit Electric Vehicle Powertrain Market Competitive Insights, Trends and Demand 2021 to 2027

 

  • Retrofitting an old vehicle into an electric vehicle is a new way to reduce pollution and promote zero-emission. Retrofit electric vehicles include replacement of the engine and fuel tank with a battery and battery charger, respectively.
  • Retrofitted electric vehicles do not require gears and can travel up to 150km on a single charge. According to Central Motor Vehicle Rule, 1989, of India, the conversion of engine powered vehicles into pure electric operation with fitment of electric kit would be permitted if the vehicle was manufactured on or after January 1, 1990.

Key Drivers of Global Automotive Retrofit Electric Vehicle Powertrain Market

  • Rise in sale of vehicles across the globe is a key factor that drives the electric vehicle market. Vehicle manufacturers are emphasizing on retrofitting old vehicles into electric vehicles, which in turn is estimated to boost the automotive retrofit electric vehicle powertrain market across the globe. Enactment of numerous rules and regulations by various governments regarding emission, across the globe, is likely to boost the global automotive retrofitting electric vehicle powertrain market.
  • Rise in demand for automatic transmission in the vehicle to enhance driving comfort is projected to propel the automotive retrofit electric vehicle market, as a retrofit electric vehicle doesn’t require gears. Major countries across the globe are focused on the development of pollution-free smart cities, and electric vehicles are expected to be a viable option to achieve this goal.

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Europe and Asia Pacific to hold prominent share of global automotive retrofit electric vehicle powertrain market

  • Europe is projected to hold a major share of automotive retrofit electric vehicle powertrain market due to significant presence of automotive industries and enactment of stringent rules regarding emission norms in the region. Increase in continuous research and development and collaboration between automotive companies is likely to fuel the automotive retrofit electric vehicle market in Europe.
  • Followed by Europe, Asia Pacific is projected to account for a significant share of the global automotive retrofit electric vehicle powertrain market, due to an increase in vehicle production and sale in the region. China has significant reserves of lithium which in turn is estimated to propel investment for battery production for electric vehicle. Demand for electric vehicles is high in China and Japan which in turn would boost the automotive retrofit electric vehicle market in Asia Pacific.

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Key Players Operating in Automotive Retrofit Electric Vehicle Powertrain Market

The global automotive retrofit electric vehicle powertrain market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive retrofit electric vehicle powertrain market are:

  • Continental AG
  • Trio Automobiles Pvt Ltd
  • BHARAT MOBI
  • Robert Bosch GmbH
  • Rexnamo Electro Pvt Ltd.
  • ALTIGREEN
  • Delphi Technologies
  • Mando Corporation
  • Johnson Electric Holdings Ltd
  • Mitsubishi Electric

Driving Apparel Market Growth Challenges and Forecast to 2025

Owing to low entry barriers, the global driving apparel market is highly fragmented, according to a recent business intelligence publication by Transparency Market Research (TMR). Local and regional players are offering products that may not be of optimum quality but they are much more affordable for larger masses, particularly in the emerging economies of Asia Pacific.

That being said, a small pool of well-established players are ahead of the curve too, holding a prominent position on the back of their high-quality products and strong distribution network. The report identifies PUMA SE, Scott Sports SA, Alpinestars S.p.A., Fox Head Inc., Dainese S.p.A., ThorMX, and Adidas AG as a few players who hold notable chunk of shares in the global driving apparel market. To maintain their moderate position of strength, most of these key players are focusing on product innovation as well as improvements to their popular products. As the concept of wearable is harnessed further, the vendors of this market are expected to adopt the new technologies and gain shares over their competitors.

Global Driving Apparel Market to be worth US$18,565.0 mn by 2025

As per the projections of the TMR report, the demand in the global driving apparel market will multiply at a CAGR of 5.3% during the forecast period of 2017 to 2025. In terms of revenue, the opportunities in the driving apparel market, across the globe, is estimated to reach US$18,565.0 mn by the end of 2025, substantially more than market’s evaluated worth of US$12,312.5 mn in 2017. The analysts of the report have also anticipated quite a few mergers and acquisition to unfold during the forecast period, which not only helps the companies to expand their geographical presence but also aids in enhancing product portfolio.

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Based on product type, the driving apparel market has been segmented into clothing, footwear, and protection gear, whereas on the basis of material, the market has been bifurcated into leather, synthetic, and natural fiber. The TMR report also classifies the market for driving apparel market on the basis two wheeler and four wheeler. Geographically, Asia Pacific has been highlighted as the most profitable region, although North America and Europe are foreseen to expand the demand at a much strong rate over the course of the forecast period.

Popularity of Various Motorsports Driving Demand

Increasing number of driving enthusiasts is the primary driver of the global driving apparel market. While Formula One continues to grab strong attention from fans and breeds the next generation, lesser known racing sports such as IndyCar and MotoGP have gained popularity in the recent past. All of these Motorsports require the players to follow strict safety measures and are providing for a strong traction to the global driving apparel market. In addition to that, on the back of increased disposable income of urban populations in emerging economies, ride for pleasure trend has emerged, particularly in the two wheeler segment.

Consequently, the demand for elbow caps, gloves, knee cap, and protective jackets is expanding. Moreover, a number of governments have employed strict regulations for safety on the road and encourage the adoption of basic driving apparel such as helmets. Introduction of advanced materials like fiberglass reinforced plastic and carbon fiber have made helmets lightweight and useful. Additionally, manufacturers are continuously focused on integration of electronics in protection gear and development of helmets with head up displays, which is likely to increase the demand for these accessories even further in the future.

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The information presented in this review is based on a Transparency Market Research report, titled, “Driving Apparel Market (Product Type – Clothing, Footwear, and Protection Gear; Material – Leather, Synthetic, and Natural Fiber; Vehicle – Two Wheeler and Four Wheeler) –Global Industry Analysis, Trend, Size, Share and Forecast, 2017 – 2025.

Personal Protective Equipment Market Outlook Analysis by 2025

According to a new research study by Transparency Market Research (TMR), the increasing requirement of organizations to modify their business models in a bid to include frequently changing rules and regulations is fueling the demand for personal protective equipment across the world. The key players in the global personal protective equipment market, such as Avon Rubber, 3M Co., MSA SAFETY, Ansell Ltd., National Safety Apparel, National Safety Apparel, Kimberly-Clark Corp., Uvex Safety Group, Honeywell Safety Products, COFRA Holding AG, and Rock Fall Ltd. are working consistently to meet the demand of consumers. Currently, these vendors are emphasizing on product innovation to strengthen their foothold in the market. Over the coming years, they are expected to involve increasingly into strategic partnerships to expand their regional boundaries, notes the market study.

As per the research report, the global market for personal protective equipment market stood at US$40.4 bn in 2016. The opportunity in this market is projected to expand at a CAGR of 7.0% over the period from 2017 to 2025 and rise to US$72.08 bn by the end of the forecast period. The manufacturing industry has surfaced as the leading end user of personal protective equipment and the scenario is anticipated to remain so over the next few years. Among products, the demand for fall protection equipment is relatively higher and researchers expect this trend to continue in the near future, states the research report.

Implementation of Strict Workers’ Safety Rules to Fuel Demand for Personal Protective Equipment

“The rapid industrialization is the main driving force behind the growth of the worldwide market for personal protective equipment,” says an analyst at TMR. The increasing awareness among consumers pertaining to personal safety and the substantial increase in the manufacturing and the transportation sectors are also propelling the market considerably.

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On the other hand, the volatility in the raw material prices may hamper the market’s growth in the near future. However, the increasing implementation of stringent rules and regulations for work place safety by several government authorities is anticipated to support this market over the forthcoming years, states the research report.

North America to Remain on Top

The research report also offer a geographical analysis of the global market for personal protective equipment. According to it, North America emerged as the leading regional market for personal protective equipment in 2016 and acquired a share of 38%. With the extensive uptake of personal protective equipment across a number of industries in this region, the North America market for personal protective equipment is anticipated to remain on the top over the next few years, reports the research study.

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The review is based on a report by Transparency Market Research (TMR), titled “Personal Protective Equipment Market (Product Type – Eye and Face Protection, Head Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Professional Footwear, Fall Protection, and Hand Protection; Application – Construction, Manufacturing, Oil & Gas, Chemicals, Food, Pharmaceuticals, Transportation, and Healthcare) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

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 ...