Friday, 26 March 2021

Online Coding for Kids Market By Leading Manufacturers with Its Application and Types 2021 – 2030

 

  • Online coding programming is the process of creating instructions for computers using programming languages. Online coding for kids is used to program apps, websites, and other technologies. Online coding courses are a great way to increase skills and learning power of kids. Online coding also helps to build a strong foundation by which kids can become self- expressive.
  • The COVID-19 outbreak has been the main catalyst for the growth and adoption of online coding for kids. Governments of various countries across the world have imposed lockdown, which in turn has initiated online learning by schools for kids. Various schools and institutes are providing online coding courses for kids, so that they can learn programming languages, web designing, and create computer apps & software during this pandemic outbreak. This is expected to drive the online coding for kids market.

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Global Online Coding for Kids Market: Dynamics

Global Online Coding for Kids Market: Key Drivers and Restraints

  • Rising adoption of online coding to make kids learn about the concepts of loops, number & strings, conditional statements, and data types etc., is expected to boost the growth of the online coding for kids market.
  • Growing adoption of online coding to improve logical thinking among kids is also expected to drive the demand for online coding for kids across the world.
  • Increasing investment from governments across developed and developing economies, in order to make academy that can offer coding for kids, and video game programming courses, is expected to trigger the demand for online coding for kids during the forecast period, 2020- 2030.
  • Rising awareness among kids about learning programming languages worldwide is expected to enhance the growth of the online coding for kids market. Computer programming teaches critical skills to kids such as problem-solving and innovative thinking, which in turn fuels the growth of the online coding for kids market. Furthermore, programming skills are beneficial to build a child’s career, and to understand the computer system, which in turn is expected to trigger the growth of the online coding for kids market.
  • However, high cost of online coding programs or courses for kids across the globe is the major factor that can restrain the online coding for kids market.

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North America to Account for Major Share of the Global Online Coding for Kids Market

  • In terms of region, the global online coding for kids market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • North America is anticipated to lead the global online coding for kids market, due to well established players offering online coding courses for kids, which in turn is expected to accelerate the growth of the online coding for kids market in the region.
  • The online coding for kids market in Asia Pacific is expected to hold significant share due to rising population in developing countries such as China and India. In addition, the governments of developing countries are investing more to enhance the educational sector. This is expected to fuel the growth of the online coding for kids market across Asia Pacific.

Sulfur Hexafluoride (SF6) Circuit Breaker Market Set to Witness Massive Growth during Forecast 2021-2027

 

  • Sulfur hexafluoride circuit breakers protect electric systems by interrupting electric current when fault occurs. They consist of current-carrying contacts that operate in sulfur hexafluoride (SF6) gas.
  • Excellent physical and chemical properties of sulfur hexafluoride, including electro-negativity, arc extinguishing, insulation, non-inflammability, and stability,  drive the global sulfur hexafluoride circuit breaker market
  • Depending on the voltage level applied, sulfur hexafluoride (SF6) circuit breaker are broadly classified into three types: four-interrupter SF6 circuit breaker (applied up to 715 V), two-interrupter SF6 circuit breaker (applied up to 400 V), and single-interrupter SF6 circuit breaker (applied up to 220 V).

Key Drivers of Global Sulfur Hexafluoride (SF6) Circuit Breaker Market

  • The global demand for sulfur hexafluoride (F) circuit breaker is expected to increase in the near future, owing to increasing investments in renewable power generation and power transmission. This is expected to be a key factor driving the global sulfur hexafluoride (SF6) circuit breaker market during the forecast period.
  • Growing concerns about sustainable development, decarburization goals, declining costs of battery storage, and various policy initiatives are expected to increase investments in renewable power generation in the near future. Since sulfur hexafluoride (SF6) circuit breakers play a crucial role in protecting renewable electric systems from high fault currents, their adoption is anticipated to increase further during the forecast period.

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  • Companies operating in the global sulfur hexafluoride (SF6) circuit breaker market are investing in the expansion of their product portfolios as well as their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to meet the increasing demand for sulfur hexafluoride (SF6) circuit breakers across different regions.

Increasing Industrialization to Offer Attractive Opportunities

  • Increasing industrialization and rapidly growing population are expected to increase the demand for energy. This, in turn, is projected to augment the demand for sulfur hexafluoride (SF6) circuit breakers for use in various power distribution and transmission network applications.
  • Increasing industrialization stimulates urbanization and transportation and drives the energy demand. This, in turn, is expected to augment the adoption of sulfur hexafluoride (SF6) circuit breakers during the forecast period.

Regulations and Policies about Usage of Sulfur Hexafluoride (SF6) Circuit Breakers to Hinder Market

  • Use of sulfur hexafluoride (SF6) circuit breakers in various sectors faces restrictions as per the current environmental protection protocols
  • A majority of countries are focusing on reduction in emissions of sulfur hexafluoride, as sulfur hexafluoride is a greenhouse gas and it remains in the atmosphere for thousands of years.

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  • Wider use of sulfur hexafluoride (SF6) circuit breakers faces major challenges. This, in turn, is anticipated to hinder the global sulfur hexafluoride (SF6) circuit breaker market during the forecast period.
  • Asia Pacific is a leading consumer of sulfur hexafluoride (SF6) circuit breakers, followed by North America and Europe. China and India are key markets in the region. In terms of demand, the two countries account for a major share of the market in the region. Increase in the demand for sulfur hexafluoride (SF6) circuit breakers in Asia Pacific can be attributed to continuously increasing industrialization and rising demand for electric power in the region.

Explosion Proof Motor Market Recent Trends and Demand by Top Key Vendors

Explosion proof motors are electronic devices that can be used in hazardous situations and places. Sparks, arcs and even high temperature on the surface of a motor can cause a hazardous accidents. Explosion proof motors are designed to tackle need specific problems and can be segregated as per the same. These motors can be divided into three classes. The explosion proof motors which hinders explosive vapors, gases or liquids falls under the Class 1 explosion proof motors type.

The mechanism of Class 1 explosion motor would try and avoid the effects of an internal motor explosion. The explosion proof motors which fights electrically conductive dusts falls under class 2 explosion proof motors. The Class 2 explosion proof motors focuses on motor’s surface temperature. A comparatively less used type of explosion proof motor are Class 3 motors which resists ignitable fibers or materials producing combustible flying. Each class of explosion proof motors are designed to cater a specific task and don’t have any interconnections. A class 2 explosion proof motors does not necessarily comply with all the features equipped by a class 1 explosion proof motor.

The rising security concerns in power and petro chemical industry across multiple regions are suggested to be one of the most significant factors which can positively impact the growth of the global explosion proof motor market over the forecast period. Additionally, owing to the wide range of problems catered by explosion proof motors as compared to its counterparts, the explosion proof motors are anticipated to grow a significant pace over the forecasted period.

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Furthermore, regulations by government bodies on increasing safety is suggested to boost the explosion proof motor market. However, the changing prices of raw materials of explosion proof motors are anticipated to hamper the growth of the global explosion proof motors market in the forecast period. The security concerns in the oil and gas industry of the Middle East region is expected to create significant potential for the growth of the overall explosion proof motor market in the coming years.

The global explosion proof motors market can be segmented into four segments namely motor type, class type, end use industries and regions. As per the motor type segment the global explosion proof motor market can be segmented into two parts namely AC motor and DC motor. As per class type the global explosion proof motors can be segmented into three parts namely Class 1, Class 2 and Class 3.

The Class 1 explosion proof motors are expected to hold a significant owing to its diverse applications. As per end use industries, the global explosion proof motors market can be divided into seven parts namely oil and gas, power, transportation, petro chemical, mining and metals, defense and others. The mining and metals industry is anticipated to hold a substantial share in the global explosion proof motors market over the forecast period. As per the regional analysis, the explosion proof motors market can be divided amongst five regions namely North America, South America, Middle East and Africa, Asia Pacific, and Europe. The North America region is suggested to hold a higher market share owing to the presence of multiple leading players in the region.

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Owing to its significant adoption in multiple application the explosion proof motors market is consisting of multiple leading players. Some of them are ABB, General Electric, WEG, Grainger, Rockwell Automation, Siemens, Kollmorger and AB industrial among others.

Rigid Packaging Market Growth Prospects and Opportunities 2024

According to the new research report by Transparency Market Research on the global rigid packaging market predicts the global market with show a moderate CAGR of 3.20% for the coming years of the forecast period ranging from 2016 to 2024. Even with this rate of growth, the global market will touch the mark of US$755.9 bn in valuation by the fall of 2024. Initially, the market valuation was US$589 bn recorded back in 2016.

The demand in the global rigid packaging market has been increasing in past few years. One of the important factors behind this increasing demand is because of the advancements in sector of consumer goods manufacturing. In general, rigid packaging is used for packaging breakable products for a broad range of applications. The players operating in the global rigid packaging market have been striving hard to spread out their portfolios and expand their consumer base. These leading players in the market are now moving on from direct marketing tactics to inbound marketing and lead strategies to get new customers. It is projected that these prominent players in the global rigid packaging market will mainly benefit by forming strategic partnerships with the packaging bases of several industries. It is also estimated that the new takeovers and mergers will soon become a norm in the global rigid packaging market.

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Growing Popularity of Cans and Containers to Propel Market Growth

There are different types of rigid packaging materials that are available in the global market. Most common type of these packaging materials are in the form of cans and containers. These cans and containers are deployed for transporting and storing a wide range of products such as liquids, lotions, oils, beverages, and food among others. Due to the growing demand of these products across the globe, it is expected to have a highly positive impact on the overall development of the global rigid packaging market.

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The use of plastic continues to garner significant attention and thus, production of rigid packaging solutions made from other materials has increased in the past few years. The growing popularity of flexible packaging solutions has played an imperative role in persuading players in the rigid packaging market to focus on the production of innovative packaging solutions that not only cater to regulations pertaining to re-usability and recyclability but also adhere to environmental regulations. Some of the other factors that are likely to impact the growth of the rigid packaging market during the forecast period include significant developments in technology, urbanization, and growing adoption of recyclable plastic in a range of end-use industries such as personal care & cosmetics, food & beverages, etc.

Another factor that is anticipated to boost the demand for rigid packaging is the rising awareness related to food safety. Stakeholders in the food & beverages industry are eyeing efficient rigid packaging solutions to address these consumer concerns. Moreover, experts in the packaging domain are of the opinion that rigid packaging solutions will also play an important role in improving food supply and enhancing long-term storage. In their bid to improve their footprint in the current rigid packaging market, stakeholders are expected to tap plethora of opportunities presented by the market in Asia Pacific and Europe. 

On the regional front, Europe will remain the second most lucrative market for rigid packaging market after Asia Pacific. The introduction of the ‘Close the Glass Loop’ program by the European glass packaging industry is expected to provide an impetus to recycling rates of glass packaging across the region, and likely to reach around 90% during by 2030. The new EU rules to improve the overall recycling targets for glass packaging will play a key role in the adoption of sustainable and recyclable activities.

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The program, which is at a nascent stage, is projected to gain substantial traction during the forecast period. The objective of the program is to unite the various stakeholders in the rigid packaging market, particularly dealing with glass packaging solutions to boost the recycling collection rate. In addition, the growing demand for glass rigid packaging solutions is likely to play an imperative role in minimizing the dependency on natural resources for packaging.

Flexible Packaging Market Details And Competitors And Forecast 2027

Transparency Market Research delivers key insights on the flexible packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global flexible packaging market is projected to expand at a CAGR of ~5% during the forecast period, due to several factors, about which, TMR offers detailed insights and forecast in this report.

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Flexible Packaging Market – An Overview

Flexible packaging is a format that is made up of various materials such as plastic, paper, metal, etc., and has the barrier property to protect products from contamination and the external environment. Flexible packaging is widely preferred due to its properties such as cost-effectiveness, durability, and light weight. There is the use of a wide variety of plastic polymers that include polypropylene, polyethylene, polyester, and nylon in producing films for flexible packaging. These plastic films are used to create products such pouches, bags, and other flexible products.

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Asia Pacific (APAC) Region to Witness Growth Opportunities

The flexible packaging market in Asia Pacific is estimated to hold a dominant position in terms of market share, estimated to be ~41% in 2019 and ~45% by the end of the forecast period in the global flexible packaging market. China and India, together, are projected to account for ~57% of the APAC flexible packaging market in 2019. In the APAC region, India & China are the highly emerging markets for the extended growth of the flexible packaging market. The need for convenience packaging is the ongoing trend in the flexible packaging market in the Asia Pacific region. The packaging type that can increase the barrier property against the external environment, along with providing sustainability, raises the sales of flexible packaging in the market.

The food sector has been the largest end user of flexible packaging, and in 2018, held a ~30% share of the global flexible packaging market. This is projected to rise over the forecast period at the rate of ~5%, and the food sector is likely to continue to hold the largest chunk of the revenue and sales in the market. This can be attributed to several benefits, including lowered production and transportation costs, customizable barrier properties, and protection of product integrity offered by flexible packaging.

However, the pharmaceuticals industry is quickly gaining significance in the flexible packaging market, projected to grow the fastest at a healthy pace of ~6% during the forecast period of 2019-2027. Customizable packaging, recyclability, and convenience are the major factors that have contributed to the growing popularity of flexible packaging in the pharmaceuticals sector. 

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The increasing demand for flexible packaging from Asia Pacific has propelled the growth of the market in the region, which, in 2018, accounted for over one-third of the revenue share of the global market, and is expected to expand at ~6% during the forecast years. The growth of the flexible packaging market in APAC can be attributed to several factors, including the rise in per capita demand for packaging from developing countries, concentration of producers of flexible packaging in the region, and increasing demand for sachets and stick packets.

The global flexible packaging market landscape is considered to be fairly fragmented, with the top ten players – Amcor Plc, Winpak Ltd., Sealed Air Corporation, Sonoco Products Company, Berry Global Group, Inc., DS Smith Plc, Coveris Holdings S.A., Huhtamäki Oyj, Constantia Flexibles GmbH, and ProAmpac LLC accounting for ~7% of the total revenue share. These players are increasingly focusing on strengthening their position in the market and expanding their global standing through acquisitions. For instance, in February 2019, Sealed Air Corporation acquired MGM’s flexible packaging business, to expand its printing and lamination capabilities, to cater to the APAC region.

NEV Taxi Market Demand And Analysis Of Key Players- Analysis Forecasts To 2031

According to the report, the global NEV taxi market is projected to surpass US$ 29.2 Bn by 2031, expanding at a CAGR of ~27% during the forecast period. NEV (New Energy Vehicle) taxi, also called electric taxi, is either fully or partially powered by electricity. The term ‘NEV’ is used by the Government of China for electric vehicles. Rising transportation pollution needs a complete solution that can curtail pollution, which is provided by a NEV taxi. The adoption of NEV taxi is also projected to reduce the running and maintenance cost of the taxi, which, in turn, is anticipated to propel the NEV taxi market during the forecast period.

Rise in concerns about tail pipe emissions has led the transportation regulatory authorities of various countries to enforce stringent laws end emission norms to control pollution levels. These regulatory transformations are encouraging automakers and customers to opt for environment-friendly vehicles, thus fueling the NEV taxi market across the globe.

Expansion of NEV Taxi Market

Automakers are constantly revamping their electric vehicle offerings by the incorporation of latest technologies related to driver safety, vehicle autonomy, and infotainment. Furthermore, automotive component manufacturers are designing products specifically for electric vehicle application. Increase in technological advancements in electric vehicle and its components are expected to cater to most of the demands of taxi fleet operators, thus propelling the global NEV taxi market in the near future.

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Based on NEV type, the hybrid electric vehicles segment dominated the global NEV taxi market. Most mega metropolitan cities have stared adopting hybrid taxis in order to curb pollution levels. Higher availability of hybrid car models for taxis, such as Toyota Prius, Toyota Prius+, Hyundai IONIQ, Toyota Camry Hybrid, Honda Clarity, Ford C-Max, and Ford Fusion are fueling the demand for hybrid electric vehicles in the market.

Based on vehicle sub-type, hatchback and sedan are lucrative and expanding segments of the NEV taxi market. The hatchback segment accounted for a prominent share of the market. This is majorly due to the higher demand for low-cost electric vehicles, supplemented with increased incentive on EV purchase. Additionally, low travelling taxi fare of the hatchback taxi is anticipated to boost the segment of the market during the forecast period. In terms of ownership, the company owned segment leads the NEV taxi market. This is primarily due to the expansion of the app-based taxi service industry around the world supplemented with the expansion of existing taxi service operators across the globe and their mergers with automakers in order to enlarge their taxi fleets.

Decarbonization in the mobility and energy sector is becoming a fast growing phenomenon in the European Union (EU). However, there is lack of innovative and stable policies that favors the advancements of e-taxis. As such, a gradual increase in EV fleets is contributing to the growth of the Europe NEV taxi market.

In order for EVs to achieve a large market presence, the corresponding regulatory framework needs to be designed to accommodate incentive schemes. Companies in the Europe NEV taxi market are increasing their research efforts to learn from various countries’ experiences and set up forceful policies based on their national priorities of lowering fuel emissions.

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Vehicle to grid (V2G), ultra-fast charging, and new battery technologies are transforming the global NEV taxi market. This explains why the market is expected to cross the valuation of US$ 29.2 Bn by 2031. Since an average taxi stands idle for several hours, the vehicle to grid model is enabling two-way energy exchange, especially during peak demand, since the energy stored in an EV can be fed back into the grid.

One of the disadvantages of NEV taxis is the need of charging batteries that is a time-consuming process as compared to traditional gas-powered vehicles. Hence, manufacturers in the NEV taxi market are mainly focusing on ultra-fast charging technologies that remove the driver range anxiety.

Automotive Automated Planting Systems Market To Grow at a Lucrative CAGR by 2030

 

  • The automated planting system offers a completely new approach to research plot planting. All plot preparation is done prior to going to the field and one tractor driver can plant 5,760 plots, while stopping only 2 times to reload the cartridge dispenser.

Key Drivers of Automotive Automated Planting Systems Market

  • Replacing human labor with automation is a growing trend across multiple industries, and agriculture is no exception. Most aspects of farming are exceptionally labor-intensive, which is making farming non-profitable because of high labor cost, lack of precision, and it’s time consuming. Farmers are turning toward automation of agriculture processes such as planting, watering, harvesting, and sorting in order to curb the involvement of labor in the field and to obtain precision. Consequently, developed regions such as North America and Europe are extensively deploying automated planting systems in agriculture fields. Developing agriculture-dependent nations such as Brazil and India are gradually adopting automation of agriculture processes and consequently, boosting the automotive automated planting systems market.

Challenges in Automotive Automated Planting Systems Market

  • The recent outbreak of COVID-19 pandemic has affected national as well as international automotive supply chains, manufacturing and R&D operations, and consequently, hampered the automotive industry. Post first wave of COVID-19, global economies have started opening automotive manufacturing and supply chain operations.

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  • Thus, the COVID-19 impact on the industry seems to have reached a state of normalcy; however, a resurgence in COVID-19 cases in countries across Europe has prompted governments to impose a second round of lockdown restrictions and hence, the uncertainty in the automotive industry continues. A gradual recovery in the demand for automotive and ancillaries is anticipated in the next few months, despite concerns around the risk of a second wave of infection in several countries and other geopolitical risks.

Opportunities in Automotive Automated Planting Systems Market

  • The Government of India is providing assistance in the form of subsidy at the rate of 25 to 50% of the cost of equipment/machine with permissible ceiling limits available to all category of farmers in order to promote the use of agriculture implements and machines. In parts of the U.S., in the name of farmers program, incentives are provided for purchasing agriculture equipment used in easing agricultural operations. Therefore, the subsidy benefits and incentives provided to farmers in the purchase of latest agriculture equipment are projected to provide opportunity for the automotive automated planting systems market.

Europe holds Dominant Share of Automotive Automated Planting Systems Market

  • Europe accounted for a significant share of the global market, followed by North America. This is due to better adoption of automated plating systems as compared to that in other regions; however, Asia Pacific is likely to be as a key region of the global automated planting systems market, as countries in the region such as China and India have started adopting agriculture machinery equipment for better productivity through optimized planting, seed control on curved paths, prescription maps for dynamic seed target rates, and overlap control.

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  • Asia Pacific is a decisive component of the global food chain, accounting for 19% of the total global food and agriculture exports and 31% of total food and agriculture imports. The large and growing population in Asia, coupled with rising incomes and a burgeoning middle class, are likely to boost the demand for food & agricultural commodities and resources and subsequently, propel the demand for enhanced agriculture equipment technologies such as automotive automated planting systems.

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 ...