Lithium Ion Cell and Battery Pack Market: Demand for Lower Carbon Emissions to Accelerate Growth

The global lithium ion cell battery and battery pack market is prognosticated to exhibit a highly positive growth trajectory in the forthcoming years, as stated by Transparency Market Research (TMR). The report mentions that the worldwide market is fairly fragmented, with the top players holding a substantial portion of the market revenue. The market participants are expected to invest in strategic growth strategies such as investing in research and development and pursue the expansion of its product portfolio. Some of the key participants of the global lithium ion cell and battery pack market are GS Yuasa Corporation, BYD Co. Ltd., Toshiba Corporation, Samsung SDI and Panasonic Corporation.

The worldwide lithium ion cell and battery pack market is anticipated to exhibit a vigorous 12.0% CAGR, between the forecast period of 2017 to 2025. Between this duration, the market is expected to surge in value from US$32.17 bn to US$88.92 bn.

Higher Power Capacity Batteries to Experience Demand due to Increasing Applications

In terms the power density, the lithium ion cell and battery pack market has been classified into 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh, and over 300 KWh. Among these, 100-250 KWh remained as the most appealing market segment in the year 2016 on the basis of power capacities. The rise of this segment is essentially determined the growing demand for for high limit batteries for particular applications, for instance, in high stacking electric vehicles. The 18-28 KWh and more than 300 KWh market segments are additionally anticipated that to showcase significant development because of their applications in energy production.

In 2016, Asia Pacific contributed a substantial market share of about 72.3% to the global lithium ion cell and battery pack market in 2016. The growing number of consumer gadgets, smart cars, and grid energy generate a considerable demand for lithium-ion batteries and is pulling in investments form prominent market participants.

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Government Funding to Provide Impetus to Market Growth

The progress of lithium ion cell and battery pack market is contrarily affected because of the high costs of lithium ion batteries for electric vehicles. Lithium ion batteries are extravagant when contrasted with conventional batteries which is representing a test to the market's development. In addition, the functional limitations of lithium ion batteries such as its need for high energy and it showcasing lower thermal stability are posing a challenge to the development of the market.

However, governments in various countries are taking more and more initiatives to promote ecological sustenance via hybrid electric vehicles and plug-in hybrid vehicles to lower the pollution level. As the hybrid and electric vehicles substantially operate on rechargeable batteries, the authorities in various countries are taking initiatives to encourage adoption of the hybrid vehicles. Moreover, increasing adoption of the hybrid and plug-in hybrid vehicles as public transportation is expected to impact growth of the global automotive lithium ion battery packs market positively.

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Medium Voltage Switchgear Market: Adoption of Smart Grid Technology to Boost the Market Growth

Attributable to the nearness of worldwide and provincial merchants, this market is divided. They sellers in the market are contending based particle the cost, item offering and dispatch of new item in the market. The expansive firms in the market are having significant offer because of variables, for example, item plan, quality, turnaround time, administrations offered, highlights of the item, and upkeep of client connections. Major organizations in the worldwide medium voltage switchgear market incorporate General Electric, Schneider Electric SE, ABB, and Siemens AG. The medium voltage switchgear market is probably going to give a strong chance for upcoming firms in the coming a very long time because of the quickly developing interest for charge in creating nations. Notwithstanding, settled players are probably going to hold a solid predominance in the worldwide medium voltage switchgear market in a few years.

Asia Pacific to be a Dominant Region in Medium Voltage Switchgear Market

Based on a report by Transparency Market Research, the worldwide medium voltage switchgear market is relied upon to show a powerful CAGR of 8.7% within the forecast period from 2017 to 2025. This market was evaluated to be worth US$ 22.5 bn in year 2017 and is foreseen to ascend to a value over US$ 44 bn by the end of 2025. Asia Pacific dominated the worldwide medium voltage switchgear market in year 2016 as far as both revenue and volume demand, and is required to keep up its soaring situation in the coming years too. The 6kV – 15kV switchgear section held the biggest market share as far as revenue is concerned. Then again, the 3kV – 5kV switchgear section is relied upon to show the most encouraging development rate amid the conjecture time frame regarding both revenue and volume.

The medium voltage switchgear market is subject to the worldwide development in reception of electrical energy division gadgets in a region and is hence determined fundamentally by the growing interest for electrification activities in developing nations. The predominance of Asia Pacific in the worldwide medium voltage switchgear market is based mainly on the immense interest for new electrification assignments in developing nations where development of urban foundation has turned into a best need as of late. The developing spotlight of a few governments on provincial charge is additionally liable to profit the medium voltage switchgear market in the upcoming times.

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Rise in Government Activities to Propel Global Medium Voltage Switchgear Market

The developing selection of smart grid advancement crosswise is an imperative factor for the worldwide medium voltage switchgear market. Smart grid establishments require exact control over different parts of the power circulation framework, making medium voltage switchgear to augment the range of the innovation. The expanding government activities for embracing smart grid innovation in several regions are consequently prone to show in expanded demand for the medium voltage switchgear market. As the computerization of process is blasting over every one of the businesses, the worldwide switchgear market is seeing the enormous development openings.

Research investigation on the worldwide medium voltage switchgear market recognizes that establishment of new present day transformers will be one of the central point that will positively affect the development of the market. The developing transmission and distribution foundations to take care of the expanding demand for control. Switchgears and transformers frame a basic piece of the transmission and distribution, this will help being developed of brilliant networks, modernization of existing transformers which will in this manner drive the interest for medium voltage switchgears.

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Ion Beam Technology Market: Application of Depositing Materials on Wafers or Thin Films Promises Growth

The global ion beam technology market has been prognosticated to hold an extremely consolidated nature for the next few years. Transparency Market Research (TMR) has brought out a research publication which mentions four players that had secured close to a 56.0% share in 2016: Scia Systems, Canon Anelva Corp., Veeco Instruments, and Hitachi High-Technologies Corp. Leading players functioning in the market have been taking to product advancement and innovation as a means to cement their footing in the industry. There has been a progressive intensification of the competition in the vendor landscape. Other strategies such as merger and acquisition could also hold a common place in the market.

TMR has foreseen the global ion beam technology market to be valued at a US$0.6 bn by the end of the forecast tenure 2017-2025 at a 7.2% CAGR. In 2016, the market had been worth a US$0.3 bn. By application, coating for dielectric film had accounted for a lion’s share of 32.0% in 2016. By region, Asia Pacific has been prophesied to rank higher in terms of market share. In 2016, the regional market had been worth a US$0.1 bn.

Manufacturers of Integrated Circuits Magnify Demand with High Uptake

The swelling uptake of ion beam technology by a number of integrated circuits manufacturers in an effective lithography process has been anticipated to set the tone for a staggering growth in the market. As a result, the world ion beam technology market could testify an impressive surge in its valuation and size in the near future. However, the TMR publication has pointed out more factors that could augment the demand for ion beam technology in the coming years.

The deposition of different materials on a wafer surface during the manufacture of thin films could increase the demand for ion beam technology. The demand has been expected to gain strength as the need for thin films continues to ascend. Various consumer electronic products including smartphones extensively install thinned wafers. Thus, the rising usage of such products has been predicted to further augment the demand for ion beam technology in the foreseeable future.

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Long Processing and High Cost become Blot on Landscape Reducing Growth

The excessive length of the procedure followed in the processing of ion beam technology and the high cost incurred may have a negative impact on the growth of the market. Furthermore, continuous technological developments promoting short replacement cycles of ion beam devices have been foretold to hamper the venturing of semiconductor manufacturers into the market.

Nevertheless, the extensive application of ion beam technology in several manufacturing procedures of integrated circuits has been envisaged to create scores of favorable prospects in the near future. Ion beam technology has also been used for site specific analysis and the deposition and ablation of materials in various industries such as biological, semiconductors, and materials science. Moreover, samples for transmission electron microscopes could be prepared with the application of ion beam technology.

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Body Worn Insect Repellent Market: Plant-based Body Worn Insect Repellent to be in High Demand

Transparency Market Research observes that the global body worn insect repellent market is high fragmented due to the presence of several players. The market also has a strong presence of local players. Majority of the companies operating in the global body worn insect repellent market are focusing on developing plant-based products to cater to the trend of using natural products. Some of the leading companies in the global market are Godrej Group (Good Knight), Larus Pharma Srl, E.I. du Pont de Nemours and Company, Reckitt Benckiser Group Plc, Insect Shield, LLC, and ExOffcio LLC.

According to the research report, the global body worn insect repellent market is estimated to be worth US$659.01 mn by the end of 2025 from US$304.85 mn in 2016. During the forecast period, the global market is expected to surge at a CAGR of 9.29%. In terms of geography, the Asia Pacific body worn insect repellent market is expected to rise at a CAGR of 10.43% between 2017 and 2025. Out of the various oils and creams available in the global market, the plant-based ones are expected to be used extensively as the awareness about eco-friendly products continues to be on the rise.

Rise of Arthropod Borne Diseases Poised to Drive Global Market

The demand for body worn insect repellent has been remarkably high in the recent years. This demand will be fueled by the spike in the arthropod borne diseases across the world. The inability to control the growing number mosquitoes has led to several diseases in recent years. Malaria, chikungunya, and dengue, especially in the developing countries, have given rise to the demand for body worn insect repellents in recent years. The report states that the growing number of healthcare awareness programs are also likely to fuel the uptake of body worn insect repellents. These are usually worn on apparels to prevent bites that could lead to severe conditions. The stringent efforts to prevent epidemics is expected to play a major role in the soaring demand for these repellents in the forthcoming years.

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Furthermore, as agriculture continues to be a primary source of occupation, employees or farmhands are expected to use body worn insect repellents to keep bites at bay. Similarly, those working in oil and mining sector are also likely to be the key end users of these repellents. Analysts predict that the demand for plant-based body worn insect repellents is likely to remain at an all-time high. This trend will be fuelled by the growing awareness amongst end users about using organic or natural products for the skin. The minimum-side effects of plant-based products is yet another unique selling point of these repellents. Though oils and creams are extensively used for keeping insects and mosquitoes away, the report highlights that stickers will be in great demand. The convenience of using stickers on clothes is expected to drive their demand in the foreseeable future.

Availability of Natural Body Worn Insect Repellent Market to Dissuade Growth

The global body worn insect repellent market is likely to face a few challenges such as lack of awareness about these products. This can especially be seen in the rural parts of the developing countries of the world. Poor knowledge about insect repellents in such regions is expected to hamper market growth in the near future. Furthermore, the availability of traditional alternatives such as neem oil or lemongrass extract are also expected to hamper market growth in the forthcoming years.

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Temperature Controlled Container Market – Influential Factors Determining the Trajectory of the Market

Temperature controlled containers are something that many different industries need, including the pharmaceutical and food & beverages industry where products are perishable and delivered in extreme conditions. Temperature controlled containers ensure that the shipment of any product arrives in perfect condition with no damage to the product and the product is still in saleable and usable condition. Temperature controlled containers can also be used while shipping live tissue products like donor organs, medicines, blood transfers, clinical trial distribution, food and beverage products, etc. In a temperature controlled container, the temperature can be checked by various temperature-controlling devices such as temperature indicators and data loggers. The temperature controlled container market has grown substantially at a healthy CAGR due to an overall growth in pharmaceutical and food and beverage industry. With rapid technological advancement and innovation, the temperature controlled container market is expected to grow globally.

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Temperature controlled container Market- Market Segmentation:

Temperature controlled packaging solutions are segmented on the basis of product type, application type, and region. On the basis of product type, the temperature controlled container market is segmented into insulated shippers, insulated containers, and others (refrigerants). On the basis of applications, the temperature controlled container market is segmented into pharmaceuticals, food and beverages, industrial products, chemical products, and others (clinical trials/biomedical sector). And on the basis of region, the temperature controlled container market is segmented into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

Temperature controlled container Market- Market Dynamics:

Prominent factors driving temperature controlled container market include increasing demand for packaged food, technological advancement and increased usage in pharmaceuticals and food and beverages sector, urbanization, and change in lifestyle among others. Moreover, since temperature controlled containers maintain the hygiene and nature of a product irrespective of what the weather condition is or the problems faced during transportation, the demand for temperature controlled containers has increased regardless of the geographical location. On the other hand, there are some challenges which are impeding the market for temperature controlled containers. Factors like high maintenance and service cost, import/export regulations while manufacturing, the need for higher investment in temperature controlled container products, the time consuming process of equipment and product check while dispatching for the quality auditor, etc. are responsible for the restricted presence of temperature controlled container solutions in rural areas including developed nations.

Temperature controlled container Market- Regional Outlook:

The temperature controlled container market is expected to register a high CAGR for the forecast period. Based on the geographical region, the temperature controlled container solutions market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Given the increase in sale of pharmaceutical products and rising disposable income, the Asia Pacific will be one of the fastest growing markets. Increasing demand for cloud computing from the developed nations like Europe and North America may also increase the demand for real-time e-healthcare systems by the end of the forecast period.

Temperature controlled container Market- Major Players:

Some of the key players of the global temperature controlled container market are Hamburg Sud, Hapag-Lloyd, Spacewise, Blue Dart, Cold Chain Technologies, Inc.,Biotempak, Kryotec, Tempack, World Courier, Envirotainer, Cryopak, and DHL.

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Motor Oil Pouch Packaging Market – Global Industry analysis, Size, Share, Growth, Trend and Forecast 2017 – 2024

The recent development in motor oil pouch packaging is the use of flexible, stand up pouches, instead of the traditional rigid bottles. Motor oil pouch packs are easier to use and are portable due to its light weight. Many special design features can be incorporated in stand up pouches such as handles and spouts. In 2012, Universal Lubricants, a US based leading manufacturer of motor oils and lubricants, were the first to implement pouch packaging for their Eco Ultra range of products. The Eco Ultra FlexPak is more light weight, durable and sustainable as compared to conventional rigid plastic bottles. The pouch pack is made up of three barrier layers of nylon, polyester and LLDPE (Linear Low Density Polyethylene). It is provided with a pouring spout to prevent bubbles and glugs while pouring the oil or lubricant. 

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Motor Oil Pouch Packaging Market: Drivers and Restraints 

The ease of handling and portability are the major advantages of motor oil pouch packaging as compared to other packaging types, which is the major driver for the growth of global motor oil pouch packaging market. Motor oil pouch packs are lighter in weight and the plastic content in these type of packaging is less as compared to that of rigid bottles, which is expected to boost the global motor oil pouch packaging market growth. Motor oil pouch packaging provides more surface area for printing visually appealing graphics that attracts consumers and is the advertising strategy adopted by major oil and lubricants manufacturers. The ratio of product with respect to package is high in motor oil pouch packaging.  

However, the motor oil pouch packs are multi-layered plastic packs, which are not easily recyclable. This fact might hamper the growth of global motor oil pouch packaging market during the forecast period. 

Motor Oil Pouch Packaging Market: Segmentation 

On the basis of material, the global motor oil pouch packaging market can be segmented as follows:-

• Polyester
• Nylon
• Linear Low Density Polyethylene (LLDPE)
• Biaxially Oriented Polypropylene Films (BOPP)
• Polyphenylene Ether (PPE)

On the basis of accessories, the global motor oil pouch packaging market can be segmented as follows:-

• Pouring Spout
• Euro Slot
• Tear Notch 

Motor Oil Pouch Packaging Market: Region Wise Outlook 

The global motor oil pouch packaging market can be divided into five regions, namely North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). Europe holds the major share in global motor oil pouch packaging market, owing the well-established, mature automotive industry in the region. North America accounts for second largest market share in global motor oil pouch packaging market. This is attributed to the increasing number of motor vehicles in the region and also the oil and lubricant industries. The rise in aftermarket sales of automotive products in Europe and North America is expected to propel the growth of motor oil pouch packaging market in these regions. APAC is anticipated to exhibit high CAGR over the forecast period. China is the new hub of automotive industry and there is a rise of investment in packaging industry, which is anticipated to boost motor oil pouch packaging market growth in the country. MEA motor oil pouch packaging market is anticipated to exhibit significant CAGR during the forecast period due to increasing sales of automotive and the expanding engine oil market in the region. 

Motor Oil Pouch Packaging Market: Key Players 

Some of the key players in the global Motor Oil Pouch Packaging market are as follows:

• Glenroy, Inc.
• Stand Up Pouches
• BAM Packaging Consulting GmbH
• Icone International Ltd

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Parking Meter Market: Urban Traffic Concerns to Provide Impetus to Growth

The global market for parking meters is expected to demonstrate bountiful growth opportunity in the coming years, as reported by Transparency Market Research (TMR). According to the report, the market is expected to be a highly competitive one, with a number of leading players offering innovative products in their portfolio. Following business strategies such as partnerships and mergers, the enterprises are prognosticated to develop strategic alliances to strengthen their business. Some of the prominent vendors of the global parking meter market are METRIC Group Ltd, LocoMobi Inc, J.J., Cale Access AB, Parking BOXX, IPS Group, Inc. and CivicSmart, Inc.

The worldwide global parking meter market is expected to reach an evaluation of US$16,454.1 mn, exhibiting a healthy 6.95% CAGR, over the forecast period of 2017 to 2025. During this duration, the Asia Pacific region is anticipate to emerge as a leading regional market, on account of its surging population and technological progress.

Application in Commercial Spaces to Propel Pay and Display Segment Further

The global market for parking meters has been bifurcated on the basis of the technology used, its application and the parking mode. Based on the mode of parking, the market is further segmented into plate, space and pay and display types, and others. Among these, the pay and display type of parking meters are anticipated to be the rage over the coming years. This could be accounted to the fact that pay and display types of parking meters are not only easy to utilize, but also have a high rate of penetration in the market. There are a number of commercial spaces where these type of parking meter are being used on a large basis such as shopping malls, movie theatres, airports, railways and hospitals.

Geographically, North America is anticipated to hold a principal position of the regional market, due to its high population density and immense usage of private vehicles. At the same time, Asia Pacific is prognosticated to showcase the highest demand for parking meters on the whole. The substantial demand for parking meters in this region stems from the surging automotive industry and the technological advances occurring in it, along with the rising usage of smart devices in the area. The perpetually incrementing population, along with its demand for transportation, leading to chaotic and mismanaged traffic is a vital factor contributing to the growth of this market.

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Incorporation of IoT to Offer Lucrative Growth Opportunity to Parking Meters Market

The integration of IoT and other advancement in technologies has enabled parking meters to generate efficient solutions to issues such as congestions. In coming years, several developing countries are expected to install new-age parking meters to solve congestion related issues. The pressing issue of traffic congestion in various parts of the world has led to increasing fuel consumption and unhealthy levels of population. Thus, automated solutions to help vehicle owners to find parking spots is expected to resolve several troubles of growing urban traffic.

However, a factor that may hamper market growth could be lack of financial support to contribute toward developing an efficient parking system. Emerging economies are still struggling with the incorporation of technology in this arena, and may thus be unable to reap the benefits of this technology in the forthcoming years.

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