Thursday, 31 December 2020

Swimwear Market Overview by Rising Demands and Scope 2026

According to a new market report published by Transparency Market Research titled “Swimwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026” the global swimwear market is expected to reach a value of US$ 33,075.3 Mn by 2026. The market is estimated to expand at a CAGR of 6.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 731.3 Million Units in 2017. Europe dominated the swimwear market in terms of value in 2017, acquiring approximately 31% of market share.

The swimwear market is influenced by market dynamics with the prime driving factor being increasing health awareness. Swimming is considered healthy and a low-impact sports activity, which offers various physical and mental benefits. It provides a full body workout, as it uses all muscles of the body.

Thus, increase in health awareness globally through swimming is boosting the swimwear market. Increasing trend of family vacations besides beaches, resorts, and theme parks etc. is anticipated to drive the swimwear market. Furthermore, penetration of e-commerce sites globally is adding to the growth of the swimwear market. Wide product availability coupled with affordable prices through e-commerce sites compared to the offline mode is also helping to proliferate the swimwear market.

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Based on product type, the non-athletic segment dominated the market in 2017 and was valued at US$ 13,068.4 Mn with a CAGR of 6.3% due to its widespread application across the globe. Based on fabric type, nylon acquired major market share due to its lightweight property and smooth fit.

Nylon fabrics are more comfortable due to their elasticity and are good for regular and day to day use. According to end-user, the women’s segment acquired major market share of approximately 70% in 2017. According to distribution channel, online channel is anticipated to expand at a faster rate of approximately 6.8% due to availability of wide product portfolios at a reasonable rate.

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Some of the key players in the swimwear market include LVMH Moët Hennessy Louis Vuitton SE, Phillips-Van Heusen Corporation, L Brands, Inc., Perry Ellis International. Inc., Pentland Group plc., Arena Italia S.p.A., ASICS America Corporation, Swimwear Anywhere Inc., Wacoal Holdings Corporation, and Hosa International Limited. Key players adopt numerous strategies to sustain in the market. Product development and acquisition and partnership are some of the main strategies adopted by key players to gain a competitive edge.

Medical Baby Monitoring Devices Market Overview by Rising Demands and Scope 2026

Transparency Market Research has published a new market research report titled Medical Baby Monitoring Devices Market (Product Type: Video Monitor (Breathing Monitor, Movement Monitor), Audio Monitor (Breathing Monitor, Movement Monitor), Others (Sleep Tracker, Wall Mountable Stand); Connectivity: Wireless, Wired; Hardware: Camera (Room Temperature Sensor Camera, Motion & Sound Detection, Temperature & Motion Detection), Sensors (Under the Mattress, Diaper Attachment, Smart Wearable, Others (Camera Sensing, Non-wearable); Application: Hospital Care, Residential, Nursery) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026.’ According to the report, the global medical baby monitoring devices market is anticipated to reach US$ 1,577.2 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026.

Based on product type, the medical baby monitoring devices market has been classified into video monitor (breathing monitor, movement monitor), audio monitor (breathing monitor, movement monitor), and others (sleep tracker, wall mountable stand). Demand for video movement monitors are expected to expand at a faster rate in the near future.

Increase in usage of smart baby monitors is projected to boost demand for baby monitors. In addition, rise in number of employed parents and increase in disposable income are key factors projected to fuel the growth of the medical baby monitoring devices market during the forecast period.

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In terms of connectivity, the medical baby monitoring devices market has been divided into wireless and wired. Due to increase in usage of wireless baby monitors, its market is expected to expand at a CAGR of 6.0% (2018-26). Parents are increasingly using video monitors with wireless connectivity network. This segment accounted for about 85% of the total medical baby monitoring devices market.

On the basis of hardware, the baby monitoring devices market has been divided into camera and sensors. Camera is a major hardware used in the global medical baby monitoring devices market. Usage of motion and sound detection cameras will rapidly increase in the near future, because the monitoring can be done even with basic cameras. In terms of application, the market is bifurcated into residential, hospital, and nursery. Residential segment is projected to expand at a CAGR of 6.3% (2018-26) during the forecast period.

Based on geography, the baby monitoring devices market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is a dominant region of the medical baby monitoring devices market. The market in the region is projected to expand at a gradual CAGR of 6.8% (2018-26) in terms of value.

The market in North America is expected to expand at a considerable CAGR of 5.6% (2018-26), because majority of parents prefer video baby monitors in the baby’s room to keep a track of the baby without being physically present, so that they can continue to do other household chores. According to the report, the market in Europe is projected to expand at a CAGR of 5.7% (2018-26) in terms of revenue in the near future. The market in South America is likely to expand at a CAGR of 5.8% (2018-26).The market in Middle East & Africa is anticipated to expand at a CAGR of 5.7% (2018-26) in terms of value.

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Some of the prominent players operating in the global medical baby monitoring devices market  includes Angelcare Monitors Inc., Dorel Industries Inc., Motorola Solutions Inc., Summer Infant Inc., Koninklijke Philips N.V., Snuza, Hisense, Windeln.De, and Sony Corporation.These players are estimated to face healthy competition in the near future due to presence of a large number of local players in the market. Major brands are likely to focus on research & development to strengthen their foothold in the global medical baby monitoring devices market.

Companies are undertaking mergers and acquisitions and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.

LPG Cylinder Manufacturing Market Demand Analysis, Forecast 2026

According to a new market report published by Transparency Market Research titled LPG Cylinder Manufacturing Market, Material – Steel, Aluminum; Size – 4 Kg-15 Kg, 16 Kg-25 Kg, 25 Kg-50 Kg, More than 50 Kg; End-use – Domestic, Commercial, Industrial – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global LPG cylinder manufacturing market is expected to reach US$ 4.7 Bn by 2026, expanding at a CAGR of 3.6% from 2018 to 2026. Asia Pacific held the highest share in the LPG cylinder manufacturing market in 2017.

Demand is expected to accelerate with rising disposable income. Rising awareness about the usage of natural fuel by end-users, and emission of minimal pollution through LPG cylinders has triggered the demand for LPG cylinders across the globe. LPG is a clean-burning fuel that produces lower levels of CO2, NO2, and other pollutants as compared to traditional fuels such as biomass. Furthermore, LPG helps to improve air quality, reduces the emission of greenhouse gases, and protects the environment.

Manufacturers are opting for LPG cylinders to avoid the risk associated with environmental issues, and overcome the toxic pollution caused by the manufacturing sector. Furthermore, progressively changing lifestyle in rural areas together with the rising disposable income of consumers is expected to build a lucrative roadmap for LPG cylinder manufacturing industry trends over the forecast period (2018-2026).

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Asia Pacific held major share in the LPG cylinder manufacturing market in 2017. LPG is the most preferred cooking fuel in kitchens. Rising affordability and usability of LPG by end-users in households across the globe are expected to drive the market in the coming years. Rise in urbanization and government initiatives for usage of LPG cylinders has increased the dependency of LPG in the domestic kitchen due to generation of minimal pollution, which has triggered the demand for LPG from end-users. Furthermore, emerging economies granting subsidy for the usage of LPG cylinders in rural and low income households are expected to drive the market in the future.

Convenience in use and environment friendly, rising disposable income, and urbanization are likely to drive the LPG cylinder manufacturing market at a good pace. Key trends supporting the growth of the market includes usage of LPG in the automotive sector and shifting preference of end-users toward usage of LPG cylinders.

In the global LPG cylinder manufacturing market, steel held the largest share in 2017, in terms of material. Steel is a stronger material and has a modulus of elasticity which is considerably higher than aluminum. Hence, the pressure vessel safety codes allows better design parameters on steel. Moreover, steel is known for being tough and heavy. Strength is the biggest factor fuelling the growth of this segment.

Based on size, the 4 Kg-15 Kg segment is expected to have the highest CAGR of 4.1% from 2018 to 2026. The growth of this segment is attributed to major adoption and increased usage of LPG cylinders for cooking in households in Asia Pacific and Africa. Also, rise in consumer spending power and convenience is driving the growth of the LPG cylinder manufacturing market.

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Asia Pacific accounted for 76.5% of the global LPG cylinder manufacturing market in 2017 and is anticipated to continue its dominance over the forecast timeline due to rapid urbanization and increased usage of LPG gas as the cooking fuel in both rural and urban households in this region. The market in Asia Pacific is expected to expand at a CAGR of 3.8% over the forecast timeline.

The LPG cylinder manufacturing industry is characterized by a number of local and regional players and intense competition among them. Some of the industry participants in the global LPG cylinder manufacturing market are Kishore Kela Group (Satyasai Pressure Vessels Ltd.), Dorian LPG Ltd., Confidence Petroleum India Ltd., Manchester Tank & Equipment Co., Sahamitr Pressure Container PLC., ECP Industries Limited, Mauria Udyog Limited, Shandong Huanri Group Co. Ltd., Hexagon Ragasco, Aygaz A.?., and Worthington Industries, Inc.

Racing Drones Market Status and Global Business Outlook 2027

Transparency Market Research delivers key insights on the global racing drones market. In terms of revenue, the racing drones market is estimated to expand at a CAGR of ~19% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the racing drones market.

A racing drone is a small quadcopter unmanned aerial vehicle i.e. UAV, which is designed for FPV i.e. (first person view) racing events. Racing drones come in different types, primarily the following: ready-to-fly (RTF), bind-and-fly (BNF), do-it-yourself (DIY), plug-and-play (PNP), and plug–and-fly (PNF) drones.

RTF racing drones are primarily for beginners who want to learn the method to handle racing drones and participate in events. On the other hand, DIY racing drones are designed for experts who want to build their own customized racing drones. A racing drone has multiple components, such as an FPV camera, remote controller, flight controller, video transmitter and receiver, drone frame, battery, propellers, and FPV goggles. A DIY racing drone can be built from these components.

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Racing Drones Market: Dynamics

Popularity of drone racing as a competitive sport is growing all over the world. The sport is being rapidly commercialized by racing organizations, including International Drone Racing Association, Inc. and the U.S. Drone Racing Association.

Ready-to-fly racing drones do not require any additional assembly and they can directly enter any racing event. Multiple types of ready-to-fly racing drones are available in the marketplace, including Walkera Furious 215, ARRIS X-Speed 250B, and Walkera Runner 250 Pro. Use of ready-to-fly racing drones is growing, owing to zero setup cost and no requirement for assembly. Moreover, ready-to-fly racing drones are highly useful for beginners. They can learn to fly racing drones with ease and without any requirement for building their own racing drones. Moreover, ready-to-fly racing drones are inexpensive compared to other types of drones. Increasing use of ready-to-fly racing drones is projected to have a medium impact on the racing drones market from 2019 to 2027, owing to their numerous advantages.

Racing Drones Market: Prominent Regions

Asia Pacific is expected to dominate the racing drones market during the forecast period, owing to early adoption of technologies, presence of a large number of well-established players providing racing drones, and increasing popularity of drone racing across the region, especially in countries such as China, Japan, Australia, India, and South Korea. Furthermore, professional pilots are emerging from Asia Pacific, especially China, which holds a significant share of the market in the region.

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The market in North America is projected to expand at a significant rate during the forecast period, due to growing popularity of FPV drone racing tournaments, such as MultiGP Canada Drone Racing League and the U.S. National Drone Racing Championship, in the region. Popularity of drone racing is high especially among professional racers, as the winning price of these competitions is very high.

Racing Drones Market: Key Players

The global racing drones market witnesses presence of a large number of well-established as well as emerging players. A few of the key players operating in the global racing drones market are YINYAN Model Tech MFT., Tian Yu Hi-tech Co. Ltd, Eachine, and Hubsan. These players strive to gain a competitive edge by developing innovative products that cater to multiple applications. For instance, in 2019, YINYAN Model Tech MFT announced the launch of a new racing drone called ‘Babyhawk R Pro 4’. Size of this drone is small i.e. 4 inches and it can fly at a high speed without creating much noise. The new product would help the company in catering to micro and mini racing drone product segments.

Strain Gauge Load Cell Market Analysis With Research Report 2020 To 2027

The strain gauge load cell market is likely to witness robust growth as e-commerce and global convergence of commerce leads to considerable growth of shipping and weighing applications. Driven by strong winds in the shipping and transport sector in general, the market is expected to register 4% CAGR growth during 2019-2027. The market will register a total valuation of $1.5 bn in 2027 end.

The strain gauge load cell market is expected to rise considerably amidst growing investments in commerce infrastructure and rising global convergence through e-commerce. The investments in infrastructure are likely to rise up as major economies including the US, China, and India are investing considerable funds to improving infrastructure, both internally and globally. It is estimated that the construction sector will likely double by 2030. Amidst booming infrastructure facilities like ports, railways, airports are expected to receive major funding for boosting global commerce. The rising e-commerce is expected to drive significant growth for the strain gauge load cell market. Ports and docks require heavy use of stain gauge load cells to measure weights and for safety, these sensors are absolutely essential.

Automotive Testing Promises New Avenues for Growth

Strain gauge load cells are capable of noting various types of measurements. These cells convert various forces like torque, compression, tension, and pressure into electrical signals to aid manufacturing. The application is expected to go a step further in the near future in automotive sector. The automotive sector is expected to produce more lightweight vehicles with the use of advanced new materials. The rising concerns about fuel, and emission goals recent passed by the EU are also expected to drive this trend. Moreover, automated driving is expected to fuel considerable demand for next-gen vehicles in the near future. Most major automobile companies have invested heavily in automated driving which in turn rely heavily on a wide range of sensors. The shifting dynamics of weight, growing inclusion of sensors, and rising demand for automobiles will drive major growth for the strain gauge load cell market.

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Rising Innovation in Aerospace to Drive Growth

The Aerospace industry is witnessing an influx of large investments for a wide variety of reasons. These reasons include growing number of defense related innovation, increased investments in space technology, and rising demand for air travel. This is a major opportunity for players in the strain gauge load cell market. The innovation in this market is suited for a wide variety of purposes. These include testing of seat belts, cockpit instruments, and aircraft flaps. Additionally, aircraft operations like flight control systems are also dependent on heavy-use of sensors for a reliable and safe operation.

Analog strain gauge load cells continue to dominate the market, given their cost-effectiveness. Beside the battle of pricing being fought between digital and analog cells, the robust design of analog cells further bolds the line separating them from digital cells. Given the high proclivity of end-use industries for affordability and better designs, analog strain load cells account for a market share of ~ 85 percent. However, accuracy being the key feature of contemporary manufacturing processes, a shift towards digital technology will remain a key highlight of the strain gauge load cell landscape to accentuate automation.

Real-time processing of information is better achieved with digital strain gauge load cells, given their high data sample rates as compared to analog load cells. The use of binary data further ensures the security of digital cells from interference from electromagnetism, radio signals, and temperature. Less susceptibility to signal corruption and faster transmission of data encourages manufacturers to favor the adoption of digital load cells over analog load cells. Currently, digital strain gauge load cells are estimated to record volume sales of ~ 730 thousand units, with a compound annual growth rate of ~ 6 percent during the forecast period.

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The contemporary electronics industry has arrived at a juncture, wherein, grain-sized innovation, in the form of sensors, capacitors, and resistors, adds massive value to conventional devices. Similarly, force-sensing resistor (FRS) technology is the innovation in strain gauge load cells that offers excellent property to alter the resistance based on the force applied to the surface.

Strain gauge load cells developed using FRS technology are gaining traction, as the thin size of electronic components that is less than 0.5 mm remains desirable for the development of testing devices and equipment for the aerospace, defense, and automobile sectors. Besides being compact in nature, these cells come at an affordable price and offer good shock resistance, which have been popularizing the integration of FRS technology for the development of strain gauge load cells.

Discrete Diodes Market Demand and Growth Analysis 2020 to 2027

Device manufacturers and semiconductor companies are collaboratively focusing on leverage new miniaturization techniques and packaging approaches. The key objective is to improve operating parameters, thus increasing the scope of applications of discrete diodes in end-use industries. Product innovations and improvements relate to advancing operating frequencies and reducing contact resistance. To this end, a few key players have also teamed up in their efforts to meet the emerging demands for various types of diodes in communication and consumer electronics industries, world over. A case in point research on overcoming the frequency limitations of resonant-tunneling diodes (RTDs). Further, strategic acquisitions and partnership will likely shape the competitive landscape of the discrete diodes market in coming years.

Some of the key players who have been at the forefront of these technologies are M/A-Com Technology Solutions, Central Semiconductor Corporation, Microsemi Corp., ON Semiconductor, Vishay Intertechnology, Inc., Diodes Incorporated, Infineon Technologies AG, NXP Semiconductors, and ROHM Semiconductor.

Growing demand for portable communication system in the aerospace and military sector has stirred prospects for diode modulators. The global discrete diodes market is projected to clock a CAGR of 6% during 2019 – 2027, and reach a worth of US$ 6.6 bn by the end of 2027.

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The growing trend of vehicle electrification and electronics miniaturization has been a broad driver for the discrete diodes market. Over the past decade, diodes are increasingly being utilized in traction inverter for improving on-road performance drivetrain. A case in point is the application of such diodes in plug-in hybrid electric cars.

High Voltage Rectification Devices for Smart Homes Bellwether for Growth

The growing case of diodes in high voltage rectification in various power generating applications is bolstering demands in the discrete diodes market. A major shift is witnessed in growing spending of semiconductor companies in advanced driver assistance systems where technology companies are coming new circuit designs. In general, growing application of different types of advanced packaging in diodes in automotive industry has also be favorable to the evolution of the discrete diodes market.

Another trend that has been bellwether for growth in the discrete diodes market is spending on smart homes. Developers are forging out new designs in smart hubs by harnessing new technologies in discrete diodes to reduce power transmission and substantially lowering voltage drop.

New Designs in Consumer Electronics Expand Horizon

A substantial driver for demands is from consumer electronics. Strides have stimulated research into new electronic design, improving the prospects in the discrete diodes market. Device makers, such as smartphones and power generating devices, consider advancements in diodes as imminent in the improving the processing power of the technology. This is widely witnessed in Asia Pacific markets. The regional market is expected to progress at a rapid pace during the forecast period (2019–2027). Both the rising demands in the automotive industry and the sheer pace of electronic manufacturing in recent years are fueling the prospects of the Asia Pacific discrete diodes market.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Discrete Diodes Market (Product: Power Diodes, Small-signal Diodes, and RF Diodes; and Application: Automotive, Consumer Electronics, Computers, Communications, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”.

Vehicle Occupancy Detection System Market Regions, Types, Applications, Drivers, Trends & Forecasts by 2027

Transparency Market Research delivers key insights on the global vehicle occupancy detection system market. In terms of revenue, the global vehicle occupancy detection system market is estimated to expand at a CAGR of ~12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global vehicle occupancy detection system market.

Vehicle occupancy detection systems are used on HOV/HOT lanes to help roadway agencies keep the roadways safer and improve throughput. They also allow authorities to detect violators. These systems are mounted on the top of HOV lanes with the help of racks at specific distances throughout the HOV lanes or at HOV toll booths. Another form of these systems is mobile vehicle occupancy detection systems, wherein, system components are mounted on a rack arrangement, and the complete arrangement is mounted on a mobile trolley that can be transported from one point to another as per local traffic conditions.

Various countries are considering the implementation of HOV lanes as a more sustainable option, especially to tackle the increasing issue of traffic congestion and encourage ride-sharing and use of public transport. Furthermore, in the long run, this is expected to reduce the overall emission of harmful gases. The global vehicle occupancy detection system market is shifting toward the incorporation of AI into vehicle occupancy detection systems in order to attain advanced features and increase overall system accuracy.

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A vehicle occupancy detection system relies on the video-based detection method. The video-based detection method faces several difficulties in distinguishing between subjects and objects, seated or placed over the seat, due to various factors. This factor is anticipated to hinder the demand for vehicle occupancy detection systems during the forecast period.

Global Vehicle Occupancy Detection System Market: Prominent Regions

North America accounted for a key share of the global vehicle occupancy detection system market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing demand for these systems in the region. The U.S. constituted a significant share of the vehicle occupancy detection system market in North America in 2018. The U.S. makes high investments in R&D activities aimed at the innovation of new technologies.

Asia Pacific is anticipated to be a highly lucrative market for vehicle occupancy detection systems throughout the forecast period, owing to the increasing adoption of these systems in developing economies in the region, such as China. The lucrativeness of the vehicle occupancy detection system market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research & development activities by key market players, and various initiatives by governments for the construction of new HOV/HOT lanes in the region.

Europe is likely to emerge as the third-largest market for vehicle occupancy detection systems across the world during the forecast period. The region is anticipated to hold a considerable share of the global vehicle occupancy detection system market during the forecast period. Rising investments in the construction of HOV/HOT lanes are expected to augment the adoption of vehicle occupancy detection systems in Europe in the next few years.

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Global Vehicle Occupancy Detection System Market: Key Players

Key players operating in the global vehicle occupancy detection system market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing the production capacity, in order to meet the rising demand for vehicle occupancy detection systems across the globe.

Key players operating in the global vehicle occupancy detection system market are Siemens AG, Indra Sistemas, S.A., NEC Corporation of America, TransCore, LP, Fortran Traffic Systems Limited, Vehicle Occupancy Detection Corporation, Invision AI, Inc., and Conduent Inc.

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 ...