Wednesday, 17 March 2021

Automotive Head-up Display (HUD) Market Insights, Drivers, Top Trends, Global Analysis And Forecast to 2030

According to the report, the global automotive head-up display (HUD) market is projected to surpass US$ 4.7 Bn by 2030, expanding at a CAGR of ~22% during the forecast period. Rise in demand for comfort and safety features in vehicles is likely to boost the automotive head-up display (HUD) market across the globe. Increase in preference for utility vehicles and luxury vehicles, in conjunction with the increase in demand for comfort and luxury vehicles among consumers globally, is anticipated to propel the automotive head-up display (HUD) market.

The global automotive head-up display (HUD) market is anticipated to expand during the forecast period, owing to increase in affordability of vehicles and transition of people to middle and upper middle-income groups. For instance, after a global slowdown in the automobile industry, several governments have reduced taxes on automobiles to encourage the sale of vehicles. Rising safety features and ease of accessibility in vehicles is boosting their sales, which, in turn, is likely to propel the automotive head-up display (HUD) market across the globe.

Expansion of Automotive Head-up Display (HUD) Market

The change in trade policies by the Trump Administration, such as withdrawal of trade agreement with South Korea and continuous fluctuation on tariff with import and export to China, is likely to fluctuate the market during the forecast period; however, the U.S.-China trade has witnessed a positive turnaround and the relation between the countries is anticipated to improve. The surge in trade volume, owing to rising bilateral trade among countries is projected to boost the automotive head-up display (HUD) market during the forecast period. China witnessed an increase in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of the total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year.

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Based on vehicle type, the global automotive head-up display (HUD) market has been segmented into passenger vehicle and commercial vehicle. Passenger vehicle is likely to be a highly lucrative segment during the forecast period. This is primarily due to the rise in the production of passenger vehicles across the globe. The increase in adoption of safety features in vehicles, including lane departure system, pedestrian protection system, and night vision detection system, is likely to boost the automotive head-up display (HUD) market across the globe.

In terms of technology, the conventional HUD segment dominated the market, as it provides transparent and better view of surroundings, and helps detect obstacles in challenging road conditions. Moreover, major vehicle manufacturers are emphasizing on investments for the development of display technology and trying to reduce the cost of the head-up display, which is likely to fuel the automotive head-up display (HUD) market.

Regional Analysis of Automotive Head-up Display (HUD) Market

In terms of region, the global automotive head-up display (HUD) market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global automotive head-up display (HUD) market in 2019. It is anticipated to hold a leading share during the forecast period due to the rise in the production and sale of vehicles in China and countries in ASEAN.

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Major presence of automotive component manufacturers across Asia Pacific further boosts the automotive head-up display (HUD) market across the globe. Followed by Asia Pacific, Europe also held a significant share of the global automotive head-up display (HUD) market due to the presence of a large number of tier-1 suppliers who have advanced research and development facilities for head-up display, which, in turn, is likely to boost the automotive head-up display (HUD) market across the globe.

Prominent players operating in the global automotive head-up display (HUD) market include Robert Bosch GmbH, Continental AG, Denso Corporation., Magna International., ZF Friedrichshafen AG., Pioneer Corporation, NVIDIA Corporation, Panasonic Corporation, Garmin Ltd., Harman International, LG Display Co. Ltd, Mitsubishi Electric., Marelli Holdings Co. Ltd., Texas Instruments, Toshiba Corporation, Visteon Corporation, YAZAKI Corporation, Valeo SA, Alps Alpine Co. Ltd, and Clarion.

Licensed Sports Merchandise Market Dynamics Analysis 2020-2027

The global licensed sports merchandise market is likely to increase with a CAGR of 6.5% from 2019 to 2027. It has been projected that the market will rise to US$ 58.7 bn by the end of 2027 from a valuation of US$ 35.5 bn in 2018.

The licensed sports merchandise market is growing owing to the increasing popularity of sporting leagues and their increasing fan bases. Technological advancement in sports equipment is also affecting the global licensed sports merchandise market growth.

NFL, MLB, Premier League and the NBA form the major leagues that enjoy huge popularity in merchandise sales. Among all of these, the NFL and MLB together account for almost 50% of the North America licensed sports merchandise market in terms of revenue. The market is primarily dominated by professional sports leagues. In addition to this, increasing demand and fascination of consumers towards licensed sports goods as well as the increase in popularity of leagues across the U.S. helps to increase in adoption of licensed sports apparel for their favorite sports team and team player.

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pr licensed sports merchandise market

The market is extremely competitive in nature with the presence of many domestic players. The leading licensed sports merchandise manufacturers are Great American Products, Under Armour, New Era Cap, Knight Apparels, Jarden Corporation, Dick’s Sporting Goods, G-III Apparel, VF Corporation, Nike Inc., Reebok, and Adidas.

Increasing sales from emerging economies in Middle East & Africa and South America is driving the market growth. Factors such as economic stability and high purchasing power are mainly responsible for the growth of the licensed sports merchandise market in South America and the Middle East. In addition, increase in number of sportswear brands and rising number of retail specialists coupled with opening of new shopping malls, particularly across GCC countries in 2018 is propelling market growth in this region.

Rising Demand From E-Commerce Channel Will Drive The Market Growth

Online sales is expected to be the most prominent distribution channel of licensed sporting goods. The rapid growth of the number of internet connections and the growing acceptance of e-commerce as a safe and viable alternative to traditional bricks-and-mortar retailing, has driven the changes and supported growth in the industry. Consumers are more attracted towards online shopping and e-retailing. Another reason for the success of the online sales channel is the names of well-known brands that attract consumers to visit their sites. Licensed sports goods is one of the most demandable consumer goods sold through e-commerce. Thus, increase in the number of e-commerce and fashion websites is set to create potential opportunity for the growth of this market in the near future.

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Sports Apparel to Segment Dominates The Product Category

Sports apparel product segment was the largest category and expected to maintain its dominance in coming years. As per TMR analyst, “The market is primarily driven by increased consumer demand for licensed sports based apparel bearing the name or logo of favorite teams and players.” Key products covered under sports apparel segment include jerseys, caps, socks, tracksuits, shorts, and t-shirts. Increasing demand for active wear among consumers across all age group, the sporty fashion for both the streets and the gym, has triggered the sales for manufacturers and retailers of sporting apparel.

In terms of, the global licensed sports merchandise market is segmented into North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. In 2018, North America leads the market and is likely to retain a lead accounting for over 54% by the end of the forecast period. Manufacturers are expanding their product lines to meet the increasing demand for licensed sports products. Growing popularity of sporting leagues and technological advancements in sports good market is driving the North America market.

Remote Control Products - Hobby Market Report Offers Growth Prospects 2020 – 2027

Transparency Market Research delivers key insights on the global remote control products – hobby market. In terms of revenue, the global remote control products – hobby market is estimated 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 global remote control products – hobby market report.

In this market report, TMR predicts that rising frequency of various racing events (regional and international) across all categories of remote control products has encouraged several experienced as well as budding hobbyists to take interest in hobby grade remote control products.

These events have not only attracted the potential customers to the market but also encouraged innovations among manufacturers of RC products. During the first quarter of year 2020, more than 19 such top-level events were registered in the U.S. alone. Some of the other major countries known for such events include China, Hong Kong, Singapore, the U.K., and Dubai. Furthermore, in various locations across major markets, including North America, Europe, and Asia, hobbyists have the facility to race among various remote control racing groups.

Increasing number of local race tracks is also one of the factors contributing to the growth of hobby remote control products. Although a few of the large RC tracks have closed in the past couple of years, emergence of several small scale, local tracks is anticipated increase in the coming years. This trend is further likely to encourage local participation and enable people to access the racing events without the need to travel long distances.

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In terms of product type, remote control cars held the highest market revenue share in the global remote control products – hobby market in 2018 and are expected to remain dominant during the forecast period. However, in the coming years, the trucks and drones segments are anticipated to expand at a substantial pace. Enthusiasm for off road racing is expected to fuel the demand for monster trucks in the coming years. The versatility of remote control off-roading makes it a suitable hobby for busy people.

Based on age group, the 18-34 years segment led the remote control products – hobby market in 2018. The population falling in this age group are the people with high spending capability and keen interest in remote control products. Sound knowledge of technological advancements in RC products and skills to operate these new RC products in the market make the 18-34 years age group the most promising population group for the RC products – hobby market.

Majority of RC products hobby manufacturers are located in Asian countries, particularly in China. Some hobbyists across the globe still prefer the conventional method of buying these products, which is through specialty stores. In addition, rising adoption of e-Commerce globally, and ability of sellers to promote sales of products at relatively lower cost is likely to drive the online distribution channel.

Remote Control Products – Hobby Market: Prominent Regions

Geographically, Asia Pacific led the remote control products – hobby market in 2018 and the region is expected to retain its dominance during the forecast period. Majority of remote control products hobbyists’ population resides in the Asia Pacific region, which accounts for more than 20% of the global remote control products market. In addition, Asia Pacific, being a noteworthy manufacturing base for the remote control hobby grade products industry makes it a prominent market globally.

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Remote Control Products – Hobby Market: Key Players

The competition landscape of the remote control products – hobby market is highly fragmented with leading players accounting for nearly 50% of the revenue share. Key players operating in the global remote control products – hobby market include Traxxas, Redcat Racing, Horizon Hobby LLC, Artsana S.p.A, Silverlit Toys Manufactory Ltd., HPI Racing A/S, DJI, Kyosho Corporation, World Tech Toys, and Tamiya Inc.

Night Creams Market Drivers, Top Trends, Global Analysis And Forecast to 2026

According to a recent report by Transparency Market Research (TMR) says that the global night creams market is anticipated to project a decent CAGR of 5.6% within the forecast period from 2017 to 2026. The market was valued at worth of more than US$6,500 mn in 2017. Product launch, development, and major acquisitions are among the ongoing strategies embraced by the market players. For example, a leading player in the amrket La Prairie recently took over Platinum Rare Cellular Night Elixir Rejuvenating Night Concentrate, which is a genuinely effective skin care cream. Owing to the launch of this product, the organization is focusing on buyers who are interested and capable of buying such expensive products.

Moreover, Unilever has reported its takeover of Schmidt’s Natural, a mineral based personal care organization. These organizations are concentrating on offering organic products available to every one of the buyers and offering transparency via this merger.

Additionally, rising number of product launch in the market, along with mergers and acquisitions among the market players is likely to affect development of the global market in coming years. Unilever, Avon, Revlon, P&G, Beiersdorf, L’Oreal, Estee Lauder, Clinique, Shiseido, and Lancome are among the key organizations in the global market. The market is estimated to expand at a steady CAGR of 5.6% in forecast period.

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night creams market

Surging Need for Skin Repair Cream to Increase Demand for Moisturizing Night Cream

Rising requirement for skin repair solution has prompted a stimulated demand for effective moisturizing night cream. Moisturizing products are estimated to witness the most noteworthy growth in terms of revenue, representing an estimation of more than US$3,900 mn by the end of forecast period. Regionally, Asia Pacific market will keep on representing a dominant market all over the world. Before 2026-end, the region is likely to record the most elevated growth in revenue development, recording an estimation of over US$3,900 mn. What’s more, the market in Asia Pacific is anticipated to witness the speediest development within the forecast period.

Exposing the skin to extreme pollution, heat, and dust can result in accumulation of harmful substances that can prompt acne, irritation, and other skin issues, for example, skin break out, pimples, and dull spots. To keep up their skin health with the help of the day and night time, people are spending on a variety of personal care creams and face washes. Profiting by the growing skin needs of the buyers, major organizations are focusing on offering effective and helpful skin care products, for example, night creams.

Harmful Ingredients to Pull Down Market Growth of Night Cream

Key players in the personal care sector are concentrating on creating night time skin care cream that kill the harmful bacteria and contaminations from the skin. To better the buyer’s experience, organizations are putting forth powerful night cream particular to the prerequisites of skin conditions and issues for dry skin, extra dry skin, and oily skin. Be that as it may, makers are using ingredients, for example, liquor, paraben-based additives, and artificial dyes which can cause the ill-effects, for example, skin rashes and irritation. On the record of these components, sale of night cream is probably going to drop in the forthcoming years.

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This analysis is based on a recent market research report by Transparency Market Research, titled, “Night Creams Market (Product Type – Mousterizing Creams, Skin Whitening Creams, Anti-Ageing Creams, and Other Product Types; Sales Channel – Modern Trade, Departmental Stores, Conveneince Stores, Speciality Stores, Online retailers, Drug Stores, and Other Sales Channel; Price – Premium, and Mass; Source – Synthetic Products, and Natural & Organic Products) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2026.”

Online Home Decor Market Intelligence Report Offers Growth Prospects 2020 – 2030

Transparency Market Research delivers key insights on the global online home decor market. In terms of revenue, the global online home decor market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global online home decor market report.

In this market report, TMR predicts the growing demand for home decor across the globe to have a noteworthy impact on the overall online home decor market. The advancements in product design and the introduction of multi-functional home furnishing products are anticipated to propel the sale of online home decor in the Europe region.

The growing popularity of interior decoration and rapid growth in residential construction activities are expected to propel the market during the forecast period. Furthermore, increasing trend of shopping through online platforms by customers using their smartphones is also influencing users to opt for online home decor products and bridging the gap, which is driving their demand. The boom in the e-Commerce industry has created huge opportunities for manufacturers and distributors operating in the online home decor market. Producers and suppliers of home decor products are focusing on selling their products on various e-Commerce websites across the globe to cater to a comprehensive range of customers across the world. Several home interior designers and retailers are entering the online space and offering newly designed home decor products. They are also providing attractive discounts, exchange offers, and instalment schemes to customers to direct their attention toward their exclusive range of products.

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In terms of product type, the online home decor market has been segmented into furniture, textiles, flooring, wall décor, lighting, and others. During the forecast period, the online home decor market is anticipated to be dominated by the furniture segment. Based on price category, the online home decor market has been categorized into mass and premium. The increasing demand for mass products by users is expected to drive the online home decor market in the next few years.

In terms of distribution channel, the online home decor market has been classified into e-Commerce websites and company-owned websites. The e-Commerce websites segment is anticipated to expand at a significant growth rate during the forecast period. Europe has seen a surge in the adoption of e-Commerce among consumers, which, in turn, has increased online sales of home décor products.

Online Home Decor Market: Prominent Regions

The Europe region led the online home decor market in 2019 and the region is expected to retain its dominance during the forecast period. Germany and the U.K are considered the major markets for online home decor in Europe. Apart from Europe, Asia Pacific also significantly contributes to the growth of the global online home decor market. Increasing disposable income of consumers and rising penetration of Internet-based devices providing access for online shopping are likely to fuel demand for online home decor products in Asia Pacific. In addition, rapid growth in the demand for home décor products in developing countries, such as China and India is influencing end users to opt for online shopping platforms to purchase home décor products. This is also a major factor driving the expansion of the online home decor market.

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Online Home Decor Market: Key Players

The competition landscape of the online home decor market is highly fragmented with leading players accounting for the major share of the market revenue. Key players operating in the global online home decor market include Inter IKEA Systems B.V., Home Depot Product Authority, LLC, Herman Miller, Inc., Ashley Home Stores, Ltd., Home 24 SE, pepperfry, Lowe’s Companies, Inc., and Kimball International Inc.

Non-alcoholic Beer Market Value Projected to Expand by 2020-2026

Non-alcoholic beer is manufactured through the fermentation of raw materials such as malt, water, hop, and yeast. This process helps to obtain the taste of beer and allows to manufacture with the numerous flavors. Availability of the Non-alcoholic beer in numerous places has reduced the consumption of alcoholic beverages. Additionally, an increase in the adoption of a healthy lifestyle and growth in the population of non-drinkers have boosted the demand for non-alcoholic beer.

This report offers comprehensive information and wide-ranging evaluation of the global non-alcoholic beer market. The research report is based on the trustworthy sources such as press release, whitepapers, news updates, and assumptions. The report offers comprehensive profiles on these market players and assesses their current standing in the non-alcoholic beer market. The report offers company history, annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and recent research and development (R&D) activities.

Global Non-alcoholic Beer Market: Drivers and Restraints

The global non-alcoholic beer market is gaining traction due to rising adoption of zero alcohol or less alcoholic beverages. In addition, the factors such as swift urbanization, increasing disposable income, and rising pub culture coupled with increasing number of the health-conscious people are fuelling adoption of non-alcoholic beer as an alternative to the alcoholic beverages in the region. The aforementioned factors are propelling the growth of the global non-alcoholic beer market.

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Additionally, the stringent government laws against alcohol consumption are favoring the growth of the market. Rising awareness about the importance of non-alcoholic beer such as positive effects on the breastfeeding and reduction of anxiety and better sleeping. These factors are propelling adoption of non-alcoholic beer and are likely to drive the growth of the market.

However, the presence of substitutes in the form of natural-based and carbonated beverages is restraining the growth of the global non-alcoholic beer market. Nevertheless, new product development and increasing availability of non-alcoholic beer across numerous bars and restaurants are increasing penetration of the non-alcoholic beers globally. This factor is expected to create lucrative opportunities for growth over the forecast period.

Global Non-alcoholic Beer Market: Geographical Segmentation

On the basis of region, the non-alcoholic beer market is segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Of these, North America is dominating the global non-alcoholic beer market followed by Europe. This growth is attributable to the high awareness of the consumption of low-calorie alcohol-free beer and other brewery products. Growth of the European market in is attributable to rising health consciousness. Additionally, the markets in the Asia Pacific and the Middle East and Africa are expected to expand with the faster pace owing to growing awareness about benefits of consumption of the non-alcoholic beers and surge in the emergence of pub culture.

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Global Non-alcoholic Beer Market: Competitive Landscape

Some of the key players operating in the global non-alcoholic beer market include Heineken International B.V., Anheuser-Busch InBev SA/NV, Krombacher Brauerei, Moscow Brewing Company, and Carlsberg. These players are increasingly focusing on the marketing of the non-alcoholic beer. Additionally, they are focusing on the research and development (R&D) activities for product improvement and expansion of production capacity.

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.

Luxury Watches Market Future Trends, Past, Present Data and Deep Analysis 2020-2025

Luxury watches are considered to be exclusive items and wearing them signifies status symbol for men and women. Rising brand preferences among the population is resulting in the noteworthy growth of the global luxury watches market. Manufacturers of luxury watches are focused on different marketing strategies in order to gain a larger part of the market share. Manufacturers understand the importance of using social media as a means to promote their products amongst the population. Upgrades, to visual merchandising in supermarkets and hypermarkets in order to grab customer attention is resulting in the high demand for luxury watches in recent years. Additionally, development of digital channels has become a new strategy among key players to lure more customer attention toward purchase of watches.

The global luxury watch market has been segmented on the basis of product type, gender type, and distribution channel. By product type, the global luxury watch market has been segmented into mechanical quartz and others. On the basis of gender type, the market has been segmented into women’s luxury watches and men’s luxury watches. Women’s luxury watches dominated the global luxury watch market owing to inclination of women toward fashion and luxury.

Men’s luxury watches are expected to show the fastest growth during the forecast period due to the rising trend of fashion among men. On the basis of distribution channel, the market has been segmented into two types – online retail channel and offline retail channel. Online distribution channel of the global luxury watches market showed the fastest growth rate owing to the rising penetration of different apps and presence of different brand options. Convenience that consumers derive from online shopping has also resulted in the high growth rate of the global luxury watch market.

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The global luxury watch market is mainly driven by the emerging fashion trends amongst the population. In addition, blend of traditional and modern style of watches has resulted in the rise in demand for luxury watches. Moreover, watches with smart technology are also propelling the growth rate of the market. However, high production cost is resulting to increase in inventory is restraining the global luxury watch market. Counterfeit products by different local players is also a major threat to the global luxury watch market.

Additionally, rising demand for premium quality luxury watches in developing regions such as Asia Pacific is projected to generate opportunity for the global luxury watch market during the forecast period.

In the region-wise study, the global luxury watches market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe which comprises Germany, France, Italy, the U.K., and Switzerland among the other countries dominated the global luxury watch market owing to the rising demand for premium quality products amongst the population. Switzerland compared to the other countries in Europe dominated the market and also enjoys a position of monopoly. For instance, Rolex is considered to be the most valuable watch brand of Switzerland. Additionally, Asia Pacific which comprises China, India Japan, and Australia is likely to show the fastest growth rate during the forecast period. China compared to the other countries in Asia Pacific grabbed a larger part of the market share owing to the presence of large number of manufacturers.

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The luxury watch market comprises several key players who are highly competitive in nature. With the changing consumer tastes and preferences, manufacturers are focused on developing high end watches. Some of the major participants of this market include LVMH, Richemont, Swatch Group, Rolex, Burberry, Breitling, Festina, Fossil Group, Seiko Watch, Patek Philippe, and Chopard International among others.

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 ...