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Global Plant-based Meat Market: Demand for Nutritious Food Products to Drive Revenue Growth Through 2026

This report provides a projection and study of the global plant-based meat market. It provides historical data of 2013, along with estimated data for 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (MT). The report also consists of macroeconomic indicators, along with an outlook on plant-based meats for the global market. It includes the drivers and restraints of the global plant-based meat market, and their impact on each region during the forecast period. The report also comprises the study of ongoing industry trends and opportunities for the plant-based meat market. It also includes supply chain analysis. For providing users with a widespread view of the plant-based meat market, we have included detailed competitive analysis, along with key players in the market, and analysis on the strategies followed by them. The competitive dashboard provides a detailed comparison of plant-based meat manufacturers on the basis of revenue, product offerings, and key strategies. The study encompasses market attractiveness analysis by nature, product type, application, and region.

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A detailed study of the plant-based meat market has provided our analysts with the observation of a shift towards the consumption of plant-based meat over the forecast period. The market is primarily driven by a rise in the demand for healthy food products and increasing vegan population across the globe. In 2012, the vegan population accounted for around 25.6% of the global population. Among them, tofu is perceived to be the most similar alternative for meat, and consequently, other soy food products like tempeh are also gaining popularity, due to its texture, chewiness, and sensory attributes. Soy food products like tempeh and tofu also offer an economic benefit, right from the agricultural to the commercial class in countries like China and South East Asia, where it is also produced as a means of earning a livelihood.

The increasing consumption of unhealthy/ comfort food with high cholesterol has given rise to an alarming state of increasing obese population. Developed countries like the U.S., France, the United Kingdom, and others are facing obesity as one of the chronic disorders among human beings. Government bodies in these nations are taking efforts to make amendments in the food industry regarding the nutrition value content in processed vegetable and meat products. Plant-based meat products are identified as promising ingredients in food products to increase protein content without adding cholesterol. Obesity is expected to become epidemic and challenge the public health sector, as it is increasing in most of the population, from infants to adults. Moreover, cardiovascular diseases linked with obesity, such as diabetes, hypertension, and dyslipidemia, further add as a threat to human health.

Consumers are increasingly shifting their preference towards natural and organic food products, with intense focus on the various health benefits plant-based meat offers. Consumers are inclining towards organically produced goods, and this has been dramatically increasing over the last few decades, owing to health consciousness and increasing awareness. The sales of organic food are expected to continue to show double-digit growth during the forecast period. In fact, the demand for organic food is expanding significantly; consumer demand is exceeding some domestic supplies. According to the Organic Trade Association, in 2016, the U.S. organic food market was valued at US$ 43 Bn, an increase by 8% as compared to the previous year.

According to USDA, the U.S. now spends more than US$ 1 Bn annually to import organic food. Moreover, the ratio of imported to exported products is around 8:1. In the U.S., organic products are now available in around 20,000 natural food stores, and in 3 out of 4 conventional grocery stores.

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The report includes the company profiles of key manufacturers of plant-based meats in North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. For market sizing of the plant-based meat market, primarily, we determined the region-wise consumption of plant-based food products through various regional government sources. Furthermore, we determined the overall consumption of the main product types of plant-based food products such as tofu, tempeh, seitan, RTC/RTE, and natto, which summed up the total market volume sales of the global plant-based meat market.

A number of primary and secondary sources were consulted during the course of the plant-based meat study. Secondary sources include Factiva and Hoovers, U.S. Food and Agriculture Organization Databases, and company annual reports and publications. This report covers market dynamics related to plant-based meats that include the drivers and trends driving each segment, and opportunities in the plant-based meat market. The report also includes analysis and insights into the potential of the plant-based meat market in specific regions. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, product portfolio of plant-based meat manufacturers, and recent developments in the plant-based meat market space. Some of the key players analysed are Turtle Island Foods, Inc., Nutrisoy Pty Ltd, Pinnacle Foods, Inc., Amy's Kitchen Inc., Atlantic Natural Foods, LLC, Impossible Foods Inc., The Hain Celestial Group, Inc., Beyond Meat Inc., Pacific Foods of Oregon, Inc., Monde Nissin Corporation, Kellogg Company, Fry Group Foods (Pty) Ltd., Nasoya Foods, Inc., Hügli Holding AG, Sweet Earth, Inc., VBites Food ltd., The Kraft Heinz Company, Schouten Europe B.V., Lightlife Foods Inc. and Taifun-Tofu GmbH, among other plant-based meat manufacturers.

Global Plant-based Meat Market – By Product Type

· Tofu

· Tempeh

· Seitan

· RTC/RTE

· Natto

Global Plant-based Meat Market – By Source

· Soy-based Meat Alternatives

· Wheat-based Meat Alternatives

· Mycoprotein Meat Alternatives

· Other Sources of Meat Alternatives

Global Plant-based Meats Market – By End Use

· Retail

· Industrial

Global Plant-based Meats Market – By Distribution Channel

· Business to Business

· Business to Consumer

o Modern Groceries

o Convenience Stores

o Food & Drink Specialty Stores

o Traditional Stores

o Online Retail

Global Plant-based Meat Market – By Region

· North America

· Latin America

· Europe

· Asia-Pacific

· Middle East and Africa

Data scrutiny for the global plant-based meat market is estimated in terms of value and volume consumption. To arrive at the volume consumption of plant-based meats, production data of countries producing raw materials across the globe has been taken into consideration. In addition, the production of application of plant-based meats in top producing countries is also tracked for benchmarking purposes. Furthermore, Persistence Market Research estimated volume data on the consumption of plant-based meats for several countries by understanding the demand and supply of plant-based meats. It includes production, growth, volume and value sales, transition, pricing, population, consumer preference, and consumption of plant-based meats among end-user verticals.

PMR then determined the volume consumption of plant-based meats across various regions, including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Forecasting is done on an internal proprietary model using different macro-economic, industry-based demand driving factors impacting the market and its forecast trends, by identifying and allocating a weighted score to forecast factors that influence the demand for plant-based meats. These factors were the representative of an entire value chain, as well as macro-economic indicators such as production have been taken into consideration to arrive at the volume consumption of plant-based meats in respective countries.

The weighted average selling price for plant-based meats was considered to estimate the market size for top plant-based meat consuming countries. These prices were captured in their respective countries and then converted into USD to offer forecasts in one consistent currency standard.

Given the characteristics of the market, PMR triangulated the data based on supply side, demand side, and dynamics of the global plant-based meat market. To develop the global plant-based meats market forecast, PMR analyzed various factors to understand their respective impact on the target market. However, quantifying the market across the abovementioned segments is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

It is imperative to note that, in an ever-fluctuating economy, we not only provide forecasts in terms of CAGR but also analyze on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand predictability of the market and identify the right opportunities.

Another key feature of this report is analysis of the global plant-based meat market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global plant-based meat market.

To understand key segments in terms of their growth and performance in the global plant-based meat market, Persistence Market Research has also presented a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global plant-based meat market.

The report covers an in-depth analysis of all components of the value chain in the global plant-based meat market. In the final section of the report, a competitive landscape is included to provide a dashboard view of the global plant-based meat manufacturers.

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#Plant-based Meat Market #Plant-based Meat Market Trends

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markengine-blog · 6 years

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Natural Food Preservatives Market: Demand for Microbial Derived Natural Food Preservatives to Surge During the Forecast Period: Global Industry Analysis and Opportunity Assessment 2018-2028

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Natural Food Preservatives Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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Natural food preservation refers to the application of naturally produced antimicrobial compounds that are obtained from plants, animals, and microbes to prevent food spoilage microorganisms, and the proliferation and growth of food-borne pathogens in food and food products. There is growing interest of many researchers with the application of these natural antimicrobial compounds as safe replacements for chemical and physical food preservatives which have many side effects and cause health risks to the consumers. Antimicrobial compounds derived from plant products are considered to be an excellent source of natural food preservatives. Among the natural food preservatives, the essential oils of some herbs and plants were traditionally used for the preservation of a wide variety of foods. Antimicrobial substances such as bacteriocins, protein or peptide secretions, and bioactive molecules from plants have also been exploited in different ways for the purpose of food preservation. Herbs and spices have been recognized to possess a broad spectrum of active constituents that exhibit antibacterial, antifungal, antiparasitic, and antiviral properties.

Food preservation is something that has been done since ages. During the ancient Egyptian times, people used natural food preservatives to preserve food. The history of natural food preservatives is as old as human history. Primitive people preserved meat with the help of salt and oil. Men applied natural food preservatives to preserve food; in the winters, ancient man used ice as a preservation tool, and in summer, they used sun to preserve food by drying it. Humans learned that they can use certain ingredients to stop the process of spoilage in food, and natural food preservatives can be used for enhanced shelf-life.

Present Food Preservation Techniques

In today’s world, there are artificial chemicals that have been developed in the laboratory, particularly for the purpose of food preservation. It is evident that the use of food preservatives has increased manifold, because today, there are millions of foods that are being preserved. The entire food industry is dependent on food preservation methods with the growing demand for ready-to eat food products. The principles of food preservation are similar to those that were prevalent in the old ages, but the kind of food preservatives used have changed from natural food preservatives to artificial ones. The shape of the food preservative industry is constantly changing and evolving, thereby reinforcing the key melodies of convenience, health, and value. The global processed food products industry is estimated to be valued at around USD 2.9 trillion, and accounts for a significant share of global food sales, which, in turn, has created the demand for natural food preservatives.

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Gradually, natural food preservatives are coping these myriad preservation supplies as consumer demand for minimally processed and clean-label products increases. Any safe and non-synthetic compound derived from natural sources—animal, plant, microbial—with the facility to enhance the shelf-life of food products and retard their deterioration can be considered as a natural food preservative.

Creative Growth for Microbial Sourced Natural Food Preservatives

Among the source segments, the microbial sourced natural food preservatives segment is anticipated to register a high growth rate of 5.2% in terms of revenue in the global natural food preservatives market, owing to increasing awareness of microbial sourced products and their allied pre-eminence by consumers across the globe.

Increasing Preferences for Clean Label Products Leading to the Demand for Natural Food Preservatives

The growing awareness amongst consumers, predominantly concerning the ingredients in their food products, is accountable for making clean label products an important part of the food industry. Nowadays, consumers demand food products comprising natural ingredients. Natural food preservatives are derived from plant, microbial, animal, and mineral sources, thus, satisfying the consumer demand for ‘no artificial additives and ingredients’.

Reduced Impact on Human Health for Natural Food Preservatives

Food preservation techniques are developed to improve microbial quality and safety without causing nutritional and organoleptic losses. Therefore, the application of natural compounds from traditional medicinal plants as natural food preservatives are gaining great interest in the food industry, due to the potential to provide quality and safety benefits, with reduced impact on human health. Natural food preservatives are gaining interest among food technologists for their use as alternatives to physical- and chemical-based antimicrobial treatments. Natural food preservatives are safer and don’t have adverse effect on human health.

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#Natural Food Preservatives Market #Natural Food Preservatives Market Trends

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markengine-blog · 6 years

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Global Fuel Management Systems (FMS) Market In-depth Evaluation on Growth, Share, Size and Trends Until the End of 2025

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Fuel Management Systems (FMS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2025” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Oil & Gas Data Management Market have been elaborated upon in the research report.

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There are many factors serving to drive the global fuel management systems market. The need to check fuel pilferage and bring transparency in fuel consumption are some of them. This is because fuel accounts for most of the operating cost in transportation.

An effective fuel management system (FMS) helps to tackle challenges posed by higher or fluctuating prices of oil used as fuel and also difficulties cropping from stringent regulations pertaining to environment by effective management of fuel. It does so by monitoring, controlling, and reporting fuel consumption. This unique perceived benefit has driven up the demand for fuel management system (FMS). A report by Market Research Reports Search Engine (MRRSE). projects the global market for to register a lackluster 4.3% CAGR during the period between 2017 and 2025 to become worth US$9.95 bn by 2025 from US$6.85 bn in 2016.

Railways Primarily Drive Demand in Market

Depending upon end-use, the market can be divided into railway, road, marine, and aircraft. Of them, the segment of marine transportation accounts for most of the demand in the market. Railways are least polluting mode of transport and it is one of the biggest reasons for growth in this sector. Besides, emergence of technologically advanced fuel management systems for locomotives is also providing a boost to the market.

The different types of processing deployed in the market are measuring, monitoring, and controlling, among others. Measuring, for example, includes bunker delivery note (BDN) which is the amount of fuel bunkered, tank sounding, which is a system for measurement of the amount of fuel inside the tank, and fuel flow meters, which measures fuel supplied to engines, generators, and boilers. Controlling FMS systems are specific, automated devices/equipment installed in the fleet, which maintain desired specifications at all times of their operations. Controlling helps tackle the rising cost of fuel, as it reports and controls the fuel consumption and increases the operational efficiency.

Based on application, the global fuel management system (FMS) market can be segmented into fuel consumption, efficiency level, fleet management, viscosity control, and others.

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Asia Pacific Outpaces Other Regions’ Growth due to Urbanization and Industrialization

From a geographical standpoint, Asia Pacific dominates the global fuel management systems (FMS) market with maximum share. The region is also expected to outpace all others in terms of growth rate by registering a CAGR of 4.6% in the forecast period and thereby grow its dominant share to 41.8% by 2025. This is because of the rapid industrialization and urbanization leading to considerable investment in navigation automation, fuel management systems, dynamic positioning of vessels, ballast water management, fuel consumption meters, and density and viscosity meters.

Europe trails Asia Pacific in terms of market share in the global fuel management systems (FMS) market. Since most countries in Europe are connected well with railways and roadways, demand for new fuel management systems and upgrade of existing systems is expected to be high. The market in North America is a mature one and is predicted to see lacklustre growth as the region mostly complies with the new regulations and standards for environment protection. Two important developments benefitting the market in the region is cross fleet standardization for bigger units that carry commodities, cargo, and oil and gas products and fuel theft detection, which is rampant in the region.

Omnitracs, LLC, E-Drive Technology, The Veeder-Root Company, ESI Total Fuel Management, SCI Distribution, LLC, Fluid Management Technology Pty Ltd., SmartFlow Technologies, Emerson, Guduza System Technologies, Fleetmatics Group PLC, Telenav, Inc., TomTom International BV, and Trimble Inc. are to name a few key players in the global fuel management systems (FMS) market.

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#Fuel Management Systems (FMS) Market #Fuel Management Systems (FMS) Market Trends

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markengine-blog · 6 years

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Global Frozen Meat Market Precise Study on Factors, Drivers and Key Players Strategies Analyzed Till 2026

An insightful study, titled “Frozen Meat Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This 170 page research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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A certain and rapid shift of food industry players towards frozen metal retailing has influenced the minds of consumers, and lured them towards making the transition to frozen from fresh. A stigma of poor quality continues to prevail in the global marketplace for frozen meat and several suppliers are striving to adopt refrigeration techniques that effectively lower the downgrading of meat quality upon reheating or thawing. On one end, consumers of enumerating the advantages of consuming foods made from frozen meat cuts, while the producing companies are poised at the other end for being largely dependent on the consistency in the cold storage chain infrastructure.

Market Research Reports Search Engine has analyzed a multitude of such scenarios in creating an embracive understanding of the global market for frozen meat in its latest forecast study. The study delivers market size forecasts and analysis on the global frozen meat market for the forecast period, 2017-2026. Historic data has been procured to bring forth the expansion of the global frozen meat market till data. This information has been aligned with the revenue data accrued from individual market participants. Industry experts have jotted down their opinions and the qualitative backdrop has been infused with the market size estimations quantified across a slew of metrics. The report has channeled all the available information on frozen meat businesses operating across the globe, and repurposed it to develop valuable insights on future prospects of the global frozen meat market.

Research Insights & Market Taxonomy

The report comprises of a range of section and distinct chapters that provide information through multiple angles of research and analysis. In addition to procuring the inside information on happenings in a frozen meat marketplace, the report also provides qualitative insights on the market conditions that are beyond the purview of data analysis. Rigorous statistical processes have been employed to develop analysis on the dynamics of the global frozen meat market. Trends influencing the packaging and processing of frozen meat products, factors driving their consuming, supply chain impediments and untapped growth opportunities have been studied extensively and served through a coherent outline.

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The report has analyzed the pricing of different frozen meat products being sold in the market. Supplier woes and distribution network complexities have been addressed and analyzed. Emerging trends have been gauged to check their impact on the current and the future market undercurrents. Raw material sourcing strategies have been disclosed, and the geopolitical landscape of different regions have been considered to understand the feasibility of procuring raw meat at affordable prices.

The report has analyzed the global frozen meat market across multiple segments, which are primarily categorized into product-type, end-users, and region. More information on country-specific market size forecast and cross-segmental analysis has been delivered in the report. The global frozen meat market taxonomy has been illustrated below.

Detailed Competition Assessment

The key objective of this report is to provide a snapshot of the leading manufacturers of frozen meat across the globe. Through an unbiased assessment of market players, this report delivers a comprehensive profiling of companies producing and supplying frozen meat products. An intensity map, provided in the study, reveals the presence of these players across different geographies. Industry leaders as well as market entrants have been profiled in the report. Inferences from this study are highly valuable to companies interested in foraying into the frozen meat market. Established market players can also avail this report to study the performance of their rivals and acquire first-hand information on their strategic undertakings.

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#Global Frozen Meat #Frozen Meat Size

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markengine-blog · 6 years

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Food Thickening Agents Market Growth Evolution Forecasted for the Period (2018 – 2028)

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Food Thickening Agents Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future

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Among prominent countries accounting for a significant pie of global food sales, the U.S., European Union, and Japan together combined to account for over 60% of the overall processed food sales at retail. Trade liberalization policies through multilateral and regional trade agreements have led to a rapid growth of food & beverages. In the Asia-Pacific region, Japan is the largest food processing market, but India, as well as China, are likely to grow at a significant rate. The processed food industry in Japan and South Korea is vital due to the significant quantity of meat imported for both domestic consumption and further processing in the preparation of packaged and ready meals.

Food thickening agents have the ability to increase the viscosity of a liquid without altering its properties. Food thickening agents help in increasing the stability of the product by improving the suspension of other ingredients. Food thickening agents are commonly used to add a creamy and flavourful texture to any sweet or savory recipe without changing the original taste. Over the years, food thickening agents have been widely used for patients suffering from swallowing difficulty or dysphagia.

On the basis of source, the food thickening agents are derived from plant, seaweed, microbes, animal and synthetic compounds. Food thickening agents find applications in various segments, including bakery & confectionery, sauces & dressings, meat & poultry, dairy, beverages, among others.

Productive Growth for Plant Sourced Food Thickening Agents

Among the source segment, food thickening agents derived from plant-based sources are anticipated to register a high growth rate of 4.7% in terms of revenue in the global food thickening agents market, owing to increasing awareness of plant-sourced products and their associated quality by consumers across the globe.

Increasing Demand for Food Products with Good Taste and Mouth Feel

Food processing companies face the pressure of developing innovative food products without comprising on the original taste and quality. The ability of food thickening agents to increase the viscosity of a liquid without causing an alternation in other properties and providing an improved mouthfeel has caused an accelerating shift of food manufacturers towards them.

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· For instance, Novo Alpi Srl, an Italian-based prepared food manufacturing company, provides ready-to-eat cakes and slices made by using natural food thickening agents such as tapioca and maize starch, under its brand Agluten.

Increasing Prevalence of Swallowing Difficulty Among Aging Adults

Difficulty in swallowing, or dysphagia in medical terms, has witnessed a significant increase over the years, especially by the aging population. Food thickening agents help in slowing down the transit of fluids and food, providing more coordination time for the swallowing process. Thus, people suffering from dysphagia widely prefer the inclusion of food thickening agents in their meals for varying the consistency of their food.

· For instance, Nestlé Health Science provides an innovative food thickening agent, designed especially for dysphagia patients, called Resource ThickenUp. This food thickening agent rapidly thickens the food without affecting its taste and odor.

Inclination towards Clean Label Ingredients

The increasing awareness of consumers, particularly regarding the ingredients in their food products, is responsible for making clean label products a pillar in the food industry. Consumers demand food products containing natural and simple ingredients. Food thickening agents are derived from plant as well as vegetable sources, thus, satisfying the consumer demand for no artificial additives and ingredients.

· For instance, Archer Daniels Midland Company offers a wide range of starches such as corn, wheat, and tapioca. These starches are ideal food thickening agents for food products requiring a delicate texture, flavor, and light color. These starches not only function as thickeners but as binders and emulsifiers too, and have found wide applications in the bakery, confectionery, and dairy industries.

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#Food Thickening Agents Market

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markengine-blog · 6 years

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Global Plastic Cards Market: Technological Advancements and Move Towards Digital World Driving Revenue Growth 2018 - 2026

This Plastic-cards-market on the global plastic cards market analyzes opportunities in the market, and presents updates and insights relating to various segments of the global plastic cards market over the forecast period 2018–2026.

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The scope of the report on the plastic cards market consists of different technologies used in plastic cards, such as chip enabled plastic cards, regular plastic cards, and smart plastic cards, used for various application segments such as the government sector, financial sector, mobile phones, and others. Plastic cards analyzed in this report include both magnetic stripe cards and barcode cards.

To understand consumption patterns and assess opportunities in the plastic cards market, the plastic cards market report is divided into three sections, namely, analysis by technology, by application, and by region. The plastic cards report analyzes the global market in terms of market value (US$ Mn) and volume (million units). The plastic cards report highlights existing opportunities in the global market to equip the client with crystal-clear, decision-making insights. The report also includes an analysis of the drivers and restraints witnessed in the plastic cards market. Key trends observed across the value chain are also included in the report.

The plastic cards market is segmented as follows:

By Technology

Chip Enabled Cards

Regular Cards

Smart Cards

Barcode Cards

Magnetic Strips Cards

Contact Cards

Contactless Cards

Hybrid Cards

Dual-interface Cards

By Application

Payment Cards

Government/Health

SIM Cards

Transportation Cards

Gift Cards

Access Cards

Others

Credit Cards

Charge Cards

Debit Cards

Prepaid Cards

National Identity Cards

Driving Licenses

Public & Private Health Cards

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

To deduce the market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by technology, application, and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses total revenue generated and expected revenue contribution in the global plastic cards market.

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The report begins by sizing the base year in terms of value and volume. This forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, Persistence Market Research triangulates the data by means of various approaches based on supply side, demand side, and dynamics of the global plastic cards market. To develop the market forecast, MRRSE conducted a thorough factor analysis to understand the impact of various forces/factors on the target market. However, quantifying the market across the abovementioned segments is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

It is imperative to note that, in an ever-fluctuating economy, we not only provide forecasts in terms of CAGR but also analyze on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities.

Another key feature of this report is an analysis of the global plastic cards market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global plastic cards market.

To understand key segments in terms of their growth and performance in the global plastic cards market, MRRSE has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global plastic cards market.

The report covers an in-depth analysis of all components of the value chain in the global plastic cards market. In the final section of the report on the global plastic cards market, a detailed competitive landscape is included to provide a dashboard view of global plastic card manufacturers, retailers, and distributors.

Some market players featured in this report are as follows:

Gemalto N.V.

CPI Card Group Inc.

Giesecke & Devrient GmbH

American Banknote Corporation

IDEMIA France SAS

Perfect Plastic Printing Corporation

Goldpac Group Limited

Inteligensa Group

Marketing Card Technology, LLC

dz card (International) Ltd.

TAG Systems SA

Variuscard GmbH

QARTIS S.A.

Teraco, Inc.

Tactilis Pte. Limited

Arroweye Solutions, Inc.

CardLogix Corporation

Bristol ID Technologies, Inc.

Toppan Printing Co., Ltd.

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About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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#Plastic Cards Market #Plastic Cards Market Trends #Plastic Cards Market Share

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markengine-blog · 6 years

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Global Ultra-Portable Speakers Market: Residential Sector Expected to Remain Largest End User During the Forecast Period 2018 – 2026

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Ultra-Portable Speaker Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

Market Research Report Search Engine offers an 8-year forecast for the global ultra-portable speaker market between 2018 and 2026. In terms of value, the ultra-portable speaker market is expected to register a CAGR of 12.1% during the forecast period. This study demonstrates the dynamics and trends of the ultra-portable speaker market globally across regions, such as North America, Latin America, Europe, SEA & Other APAC, Japan, China, and Middle East & Africa, along which their influence on the current nature and future status of the global ultra-portable speaker market over the forecast period.

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This research report provides a detailed analysis of the global ultra-portable speaker market and offers insights on various factors such as applications and developments of ultra-portable speakers. The ultra-portable speaker market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. This ultra-portable speaker market report segregates the market based on technology and sales channels across different regions worldwide. Key players are introducing technologically advanced products, which is acting as a major driver of the global ultra-portable speaker market.

The report starts with an overview of the global ultra-portable speaker market in terms of value. In addition, this section includes the analysis of key trends, drivers, and restraints that are influencing the global ultra-portable speaker market. Impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal clear decision-making insights.

The global ultra-portable speaker market is categorized on the basis of technology, end-user, distribution channel, and region. On the basis of technology, the market is segmented into Bluetooth, Wi-Fi, and others. On the basis of end-user, the global ultra-portable speaker market is segmented into residential and commercial. On the basis of distribution channel, the global ultra-portable speaker market is segmented into organized retail, unorganized retail, and online/ecommerce.

A detailed analysis has been provided for every segment in terms of market size analysis of the ultra-portable speaker market across different regions. It provides a market outlook for 2018–2026, and sets the forecast within the context of portable speakers, which includes the latest technological developments as well as service offerings in the market. This study discusses key trends within regions that contribute to the growth of the ultra-portable speaker market, as well as analyzes degrees at which drivers are influencing the ultra-portable speaker market in regions. Key regions and countries assessed in this report include North America (U.S. and Canada), Latin America (Brazil, Mexico, and the rest of Latin America), Europe (Germany, Italy, France, U.K., Spain, Russia, and the rest of Europe), SEA & Other APAC (India, Indonesia, Philippines, Thailand, Malaysia, Oceania, and the rest of SEA), Japan, China, and Middle East and Africa (GCC countries, South Africa , Turkey, Northern Africa, and the rest of MEA).

This report evaluates the present scenario and growth prospects of the ultra-portable speaker market across various regions globally for the period 2018 –2026. We have considered 2017 as the base year, and provided data for the remaining 12 months. The forecast presented here assesses the total revenue by value across the ultra-portable speaker market. To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the ultra-portable speaker market will develop in the future. Given the characteristics of the ultra-portable speaker market, we have triangulated the outcome of different services & components and analyzed based on technology trends.

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In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities across the ultra-portable speaker market.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in ultra-portable speaker portfolio, and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the ultra-portable speaker value chain and potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings, and recent developments in the ultra-portable speaker market. Key competitors covered in the ultra-portable speaker value chain are Anker Innovations Limited; Beats Electronics LLC; Bose Corporation; Harman International Industries; Klipsch Group, Inc.; Sony Corporation; Xmi Pte. Ltd.; Koninklijke Philips N.V.; Samsung Electronics; and ULTIMATE EARS.

Key Segments Covered

By Ultra-Portable Speaker technology type

By Ultra-Portable Speaker end-user type

By Ultra-Portable Speaker distribution channel type

Bluetooth

Wi-Fi

Others

Residential

Commercial

Organized retail

Unorganized retail

Online/ecommerce

Key Regions Covered

North America Ultra-Portable Speaker Market

Latin America Ultra-Portable Speaker Market

Europe Ultra-Portable Speaker Market

SEA Ultra-Portable Speaker Market

Japan Ultra-Portable Speaker Market

China Ultra-Portable Speaker Market

Middle East and Africa Ultra-Portable Speaker Market

United States

Canada

Brazil

Mexico

Rest of Latin America

Germany

Italy

France

Spain

Russia

Rest of Europe

India

Indonesia

Philippines

Thailand

Malaysia

Oceania

Rest of SEA and Others of Asia Pacific

Northern Africa

GCC Countries

South Africa

Turkey

Rest of MEA

Global Ultra-Portable Speaker Market Key Companies

Anker Innovations Limited

Beats Electronics LLC

Bose Corporation

Harman International Industries

Klipsch Group, Inc.

Sony Corporation

Xmi Pte. Ltd.

Koninklijke Philips N.V.

Samsung Electronics

ULTIMATE EARS

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markengine-blog · 6 years

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Hitter Based Hand Tools Market: Household and DIY Application to Generate Significant Incremental Opportunity During the Forecast Period: U.S. Industry Analysis and Opportunity Assessment 2018-2028

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Hitter Based Hand Tools Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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Hand tools are tools that are not driven by any motor and require manual effort to work. Some examples of hand tools are rakes, screwdrivers, pliers, spanners, wrenches, mallets, crowbars, garden tools, hammers and axes, etc. Hand tools are used in industrial as well as household and DIY projects and various other fields. These tools are sold to consumers via various sales channels, such as online sales, retail sales and distributor sales. Hitter-based hand tools include only the hitting and striking hand tools, such as hammers, axes, mallets, shovels and crowbars. The U.S. hitter based hand tools markets market is expected to register a CAGR of 3.3% over the forecast period (2018 – 2028), in terms of value. The hitter based hand tools markets market is expected to be valued at US$ 497.7 Mn in 2018 and is expected to grow at a CAGR of 3.3% and reach US$ 687.1 Mn by the end of 2028.

Factors Affecting the U.S. Hitter Based Hand Tools Market Growth

People in the U.S. consider home improvement and small maintenance activities a favourable pastime. To leverage on the benefit of changing consumer preference towards DIY ethics, manufacturers are focusing on providing compact, portable and cost-efficient Hitter-based tool solutions to household users. Furthermore, this trend is now significantly shifting to developing markets as well.

The growing trend of DIY activities has also led to increasing sales of Hitter-based tools through online channels. Tools, such as hammers and shovels, are generally purchased through online portals owing to growing popularity of gardening and other activities among the people of the U.S.

Among city planners and real estate agents, the demand for landscaping in commercial as well as residential areas has increased. Around 60% of the people tend to pay more for an apartment or residential space with more gardening area. Landscaping adds to the resale value of a building and speeds up its sale. These factors will aid the growth of the Hitter-based hand tools market.

However, increasing automation in various industries is anticipated to have an indirect negative impact on hand tool sales during the forecast period. Increased automation reduces labor costs, mitigates the effects of labor shortage, reduces manufacturing lead time and improves product quality. Increased adoption of industrial automation can mainly be attributed to the gradual rise in labor wages. As manufacturers focus on cost-cutting measures to attain a competitive edge in the marketplace, reduced labor workforce will hamper the adoption of Hitter-based hand tools.

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The U.S. Hitter Based Hand Tools Market: Segmentation and Forecast

The U.S. hitter based hand tools markets market can be segmented on the basis of product type, sales channel, end use sector and region. On the basis of product type, the hitter based hand tools markets market can be segmented into hammers, mallets, axes, shovels and crowbars. On the basis of sales channel, the U.S. hitter based hand tools markets market can be segmented into bulk distributer sales, retail sales and online sales. On the basis of end use sector, the U.S. hitter based hand tools markets market can be segmented into Household & DIY, Construction, Woodworking & Framing, Manufacturing & Fitting, Mining, Forestry & Agriculture and Rescue Management. Key regions covered in the report include Northeast, Midwest, South and West.

The U.S. Hitter Based Hand Tools Market Analysis by Region

From a regional perspective, the hitter based hand tools markets of the U.S. is anticipated to be dominated by West and South regions of the U.S., in terms of volume and value. This can mainly be attributed to the dominance of DIY applications in these regions. The regions, therefore, are expected to grow with impressive CAGRs between 2018 & 2028 in the Hitter-based hand tools market. Moreover, the U.S. hitter based hand tools market is expected to emerge as the most lucrative market in the world during the forecast period. Additionally, rapid industrialization and growing construction activities across the regions of the U.S., mainly West and South, are expected to create healthy demand in the hitter based hand tools market in the U.S.

Key Players Dominating The U.S. Hitter Based Hand Tools Markets Market

Some of the players reported in this study of the U.S. hitter based hand tools markets market include Stanley Black & Decker, Inc., Snap-on Incorporated, Apex Tool Group LLC, Q.E.P. Co., Inc., Estwing Manufacturing Company Incorporated, Vaughan & Bushnell Manufacturing, The AMES Companies, Inc., Techtronic Industries Co. Ltd., ABC Hammers, Inc., Hardcore Hammers etc.

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markengine-blog · 6 years

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Multihead Weighers Market Industry Analysis and Opportunity Assessment 2018 – 2028

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Multihead Weighers Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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The global market for multihead weighers was valued at US$ 203.2 Mn in 2017. The market is

forecast to expand at a CAGR of 3.6% during the forecast period, 2018-2028.

Multihead weighers are used for automatic and accurate weighing of the multiple products used in the different end-use industries. It is generally used in the food processing industry due to its compact design and high technical capabilities. The machine is very efficient and helps companies to increase their production efficiencies and outputs effectively. On the basis of end use, food industry dominates the global multihead weighers market with a market share of approximately 89.9% in 2017. It is further followed by chemical, pharmaceutical and industrial markets. Among food industry, some of the prominent product lines include snacks food, meat, poultry, seafood, ready meals, fresh produce, bakery, confectionary, and cereals & grains. Multihead weighers have gained an edge over other type of manual weighing operations as it reduces the overall product giveaway during the weighing process. Snacks food segment accounts for highest market share in the global market due to increasing consumption of the packaged food in the emerging as well as developed economies. Also, recent developments in the market have helped food processors to weigh fragile products with minimum wastage. The machine is also used in the pharmaceutical and chemical industry for multiple products. Other industrial segment includes the multihead weighers application in hardware, parts, components, etc.

The multihead weighers market was valued at US$ 203.2 Mn in 2017, and is forecast to expand at a CAGR of 3.6%, during the forecast period. Globally, there is a shift in preference for plastic bottles, and the glass bottles market might face turbulence during the forecast period, which might affect the multihead weighers market.

The demand for multihead weighers is increasing significantly owing to the several benefits and requirements of multihead weighers in the food industry. The market players dominating the multihead weighers market are focusing on improving the multihead weighers that they contribute to the market. Key players in the multihead weighers market including Ishida and Yamato are focusing on providing high-performance multihead weighers to the market for the exceeding demands.

Demand for Accuracy and Efficiency to bring New Transformations in the Multihead Weighers Market

The demand for accuracy and efficiency is driving the market for multihead weighers. Companies providing multihead weighers are working on providing improved multihead weighers to the market. Ishida, based in Europe is one such example, which is aimed at advancing in the multihead weighers market by commercializing their multihead weighers which deliver accuracy and speed for weighing fragile and delicate products including wafers, biscuits, and frozen foods. Such state-of-the-art solutions provided to the food industry are boosting the demand for the multihead weighers market significantly, owing to which the multihead market is expected to grow in the forthcoming years. By catering to the demand of wet cleaning and hygiene in the food industry, the multihead market players are reaching new levels of excellence with their multihead weighers.

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Drivers and Restraints

Growing automation and need for accurate weighing to eliminate excessive giveaway in the food processing industry is driving the demand for multihead weighers globally. There are wide range of multihead weighers available in the market in order to meet specific production output and demands of the customers. It should be noted that a leading South African snack food manufacturer incorporated multihead weighers in its manufacturing facility which helped the company to reduce its overall product giveaway by 35%. Major restraints present in the market are the high installation and maintenance cost of machinery and high consolidation in the market. Multihead weighers market is dominated by few major players such as Ishida and Yamato which together accounts for more than 1/3rd of the net sales of multihead weighers. Latest trends observed in the market are increasing automation in the food processing industry and 14-head weighers are emerging as standard multihead weighing equipment globally. The growth in international trade of food & beverage can prominently attribute to the rising demand for effective weighing solutions, such as multihead weighers.

Competitive Landscape

Key players operating in the global market for multihead weighers include Ishida Co. Ltd., Yamato Scale GmbH, MULTIPOND Wägetechnik GmbH, PFM Group (MBP S.r.l.), Ohlson Packaging, Inc., IMA Group (Ilapak, Inc.), Marel Food Systems, Scanvaegt Systems A/S, RADPAK, Comek S.r.l., ExaktaPack España S.L., Multiweigh GmbH, Dm Packaging Group S.r.l, RMGroup, Laurijsen Weegautomaten Dongen B.V., Aja Ltd., and Others.

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markengine-blog · 6 years

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Analgesics Market: North America to Remain Largest Revenue Market Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment 2018 – 2028

The global analgesics market is expected to expand at a CAGR of 5.0% over the forecast period 2018–2028. The global analgesics market is expected to be dominated by North America with 49.0% revenue share in 2018.

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Regional Outlook

Geographically, the global analgesics market is expected to be dominated by North America due to increasing burden of pain management and adoption of premium-priced opioids. The growing number of surgeries and prevalence of cancer coupled with penetration of effective pain management medications are the other factors expected to fuel the growth of the analgesics market in the region.

By country, the U.S. is expected to be the most lucrative analgesics market followed by China. According to the National Institute of Health (NIH) and Centers for Disease Control and Prevention (CDC), more than 30% of Americans are living with some form of chronic or severe pain. The reimbursement scenario for pain management medications in the U.S. is further expected to fuel the growth of the analgesics market. Higher penetration of analgesics drugs for pain management coupled with higher treatment seeking rate is expected to drive the growth of the U.S. analgesics market over the forecast period. China is expected to be second large market for analgesics due to increasing number of surgical procedures as well as prevalence of cancer and neuropathic pain. Usually, non-steroidal anti-inflammatory drugs (NSAIDs) are used in China for pain management, but from the last decade the adoption of opioids for pain management has increased at a significant rate. Besides, extended efforts are been made by various analgesics manufacturers to increase their market footprints by undergoing collaborations, partnerships, mergers and acquisitions with local analgesics drug manufacturers, e.g., Purdue Pharma L.P. and Mundipharma International extended their opioid product portfolio in China in 2014 and 2018, respectively.

In terms of revenue share, Canada, Germany and France stand at the third, fourth and fifth place, respectively, in the analgesics market. By region, Western Europe is expected to be the second large analgesics market due to high penetration of analgesics for pain management. Asia Pacific is expected to witness fastest CAGR of 8.0% (2018-2028) owing to increasing adoption of advanced pain care drugs, government initiatives to spread awareness and various welfare schemes. Less availability and affordability of high efficacy drugs, such as opioid analgesics, is expected to hamper the growth of analgesics market in Asia Pacific. The Middle East and Africa is the least lucrative analgesics market due to low adoption of pain management medications. Latin America is experiencing a steady growth, but is expected to be less lucrative analgesics market due to undertreatment of pain.

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Key Insights

· Favourable reimbursement scenario in North America and Western Europe for pain management, particularly for patients with cancer pain and inpatient pain, is expected to drive the growth of the analgesics market in the regions over the forecast period.

· The North America analgesics market size is expected to represent a high incremental opportunity of US$ 1,476.5 in 2018 over 2017

· Various non-opioid analgesics to treat moderate to chronic pain are under the development phase due to increased abusive consumption of opioid drugs for non-medical purpose

· Various manufacturers are developing opioids with abuse deterrence properties to reduce the abusive consumption of opioids for non-medical purpose, which is expected to contribute to the growth of the analgesics market.

· Asia Pacific is expected to the fast-growing analgesics market due to growing pain treatment seeking rate.

· Various analgesics manufacturers are focusing on to expand their market footprints by undergoing collaborations, mergers & acquisitions, partnerships with local analgesics manufacturers, e.g., Grunenthal and Mundipharma have entered into a license and distribution agreement, under which Mundipharma will promote and distribute Grunenthal’s tramal (tramadol) in China from May 1, 2018.

Factors and Trends Impacting the Growth of the Market

· The number of cancer cases is increasing and so is the prevalence of cancer pain, which is expected to drive the demand for analgesics over the forecast period.

· During 1999–2015, abusive consumption of opioid analgesics for non-medical purpose resulted in more than 183,000 deaths in the U.S.

· Various opioid manufacturing companies withdrew their products and stopped the promotion of opioids, e.g. Endo International plc voluntarily stopped promoting opioid products to the U.S. healthcare professionals and eliminated the company’s entire U.S. pain product sales force. Endo also voluntarily withdrew Opana ER from the analgesics market. Purdue Pharma L.P. restructured and significantly reduced their commercial operation, and announced that their sales representatives will no longer promote opioids to prescribers.

· Undertreatment of cancer pain is a major challenge in the Asian countries, where the percentage of patients with negative pain management index (PMI), which represents the degree of undertreatment of pain, ranged from 27.0% to 79.0%. Whereas, the U.S. (39.1–3%) and Europe (19.1–26.6%) have lower mean negative PMI.

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A latest research report titled as “Lithium Ion Cell and Battery Pack Market - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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The lithium ion cell and battery pack market is gaining momentum as lithium-ion batteries offer advantages of higher efficiency and longer lifespan over other batteries such as lead acid ones. The rising demand for electronics with improved battery life and superior performance is expected to stir demand for lithium-ion batteries among manufacturers of consumer electronics. This is because lithium-ion batteries satisfy the demand for high power density needed by handheld devices for wireless data transmission and brighter resolution.

The increasing use of lithium ion batteries in barcode and RFID scanners due to their high energy density is also influencing the growth of lithium ion cell and battery packs market. Furthermore, the use of these batteries is rapidly gaining momentum in automotive, industrial, and energy sectors with the rising shift for sustainable clean fuels.

However, factors such as high prices of lithium-ion batteries that make them unsustainable for prolonged use such as in electric vehicles and their lower thermal stability are restraining the market’s growth.

The global lithium ion cell and battery pack market is expected to grow at a CAGR of 12.0% between 2017 and 2025. The market stood at a valuation of US$32.17 bn in 2016 and is expected to reach a valuation of US$88.92 bn by 2025.

Consumer Electronics Application Segment to Continue to Lead in Coming Years

In terms of power capacity, the lithium ion cell and battery pack market has been segmented into 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh, more than 300 KWh. Among these, 100-250 KWh stood as the most attractive segment in 2016 based on power capacity. The growth of this segment is primarily driven by demand for high capacity batteries for specific applications such as in high loading electric vehicles. The 18-28 KWh and more than 300 KWh segments are also expected to display considerable growth due to their applications in grid energy production.

In terms of pack type, series battery pack, parallel battery pack, and others are the segments into which the lithium ion cell and battery pack market is divided. The other battery pack stood as the leading segment in 2016 commanding a share of 83.9% in the overall market. The other battery pack segment is expected to lead throughout the forecast period attributed to their extensive applications across industry verticals. On the other hand, series and parallel battery packs have lower market shares due to their specific applications.

On the basis of shape, cylindrical, polygon, prismatic, and coin among others are segments into which the lithium ion cell and battery pack market is segmented.

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By application, the market has been segmented into consumer electronics, medical, automotive, grid energy, and industrial among others. Consumer electronics leads the lithium ion cell and battery pack market with the segment holding 57.5% of the market in 2016. The segment is expected to lead over the forecast period due to their increasing application in consumer electronics.

Asia Pacific Attracts Investments from Global Players

North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa are the segments into which the lithium ion cell and battery pack market is divided based on geography. In 2016, Asia Pacific contributed the leading revenue of almost 72.3% to the overall market in 2016. The expanding consumer electronics, automotive, and grid energy supplies exhibit a substantial demand for lithium-ion batteries is attracting investments from key market players.

Some of the top companies operating in the global lithium ion cell and battery pack market are Panasonic Corporation, Samsung SDI Co. Ltd., Toshiba Corporation, Hitachi Chemical Co. Ltd., Automotive Energy Supply Corporation, GS Yuasa International Ltd., Johnson Controls Inc., Shenzhen BAK Battery Co. Ltd., Future Hi-Tech Batteries Limited, Tianjin Lishen Battery Co. Ltd., Hunan Shanshan Toda Advanced Materials Co. Ltd., LG Chem, Power Inc., Amperex Technology Ltd., and Pulaed Technology Industry Co. Ltd. among others.

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A latest research report titled as “Medium Voltage Switchgear Market - Global Industry Analysis, Trend, Size, Share and Forecast 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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Switchgears are switching devices that are specially designed to regulate, control, and protect various types of power generation, distribution, and transmission equipment. It is also used to provide protection to different electric motor control systems installed across various end user segments. In electric power systems, switchgears are a combination of circuit breakers or fuses and disconnect switches. The purpose of switchgears is to de-energize the equipment and allow maintenance work to be done and clear downstream faults. Medium voltage switchgears ranges from 3kV to 40 kV. The global medium voltage switchgear market is anticipated to experience steady growth during the forecast period from 2017 to 2025 owing to rapid electrification and advent of smart grid technology across the world.

Asia Pacific Likely to Dominate Medium Voltage Switchgear Market

For the purpose of providing an in-depth and exhaustive analysis of the medium voltage switchgear market across the globe, the market has been segmented on the basis of voltage, insulation, and end user. Based on different voltage ratings of medium voltage switchgear available in the market, the market has been classified into 3kV – 5kV, 6kV – 15kV, 17kV – 27kV and 28kV – 40kV. In addition, depending on the insulating medium, the global medium voltage switchgear market has been categorized into air insulated switchgear, gas insulated switchgear, and others. The others segment includes switchgears whose insulation is based on solid and oil.

In 2016, among the different voltage ratings of medium voltage switchgear available in the market, the 6kV – 15kV switchgear segment held the largest market share in terms of revenue generation (USD billion). On the other hand, the 3kV – 5kV switchgear segment is expected to exhibit the most promising growth rate during the forecast period in terms of both value and volume. The demand for 3kV to 5 kV switchgears is anticipated to increase at an exponential rate in the coming years owing to its increasing usage in electrification in commercial, residential, and other real estate projects across the globe.

Moreover, information related to demand for medium voltage switchgear across various end user segments including power plants, the commercial sector, the oil, gas, and petrochemicals sector, utilities, and the paper and pulp industry, among others, is also highlighted in this report. Furthermore, cross sectional analysis of the market segments across Asia Pacific, North America, Europe, the Middle East and Africa (MEA), and Latin America is furnished in the report.

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Geographically, Asia Pacific dominated the global medium voltage switchgear market in 2016 in terms of both revenue generation and volume demanded, and is expected to maintain its leading position in the coming years also. Initiation of smart grid initiatives by several governments in this region, coupled with the huge investment for upgrading power transmission and distribution systems, is the primary factor behind this region’s dominance in the global medium voltage switchgear market.

Rising Demand for Electrification Drives Demand from Medium Voltage Switchgear Market

Increasing demand for electrification along with adoption of smart grid technology in emerging countries is one of the primary factors expected to boost the demand from the medium voltage switchgear market in the coming years. There has always been a problem of electrification in the emerging countries, which has hindered the growth of industrial and construction sectors. Furthermore, lack of proper electrification in industries has been inhibiting the use of switchgears and other advanced equipment, which require electricity. As of 2015, the electrification rate was less than 68% in South Asian countries such as Sri Lanka, Laos, India and Indonesia.

Countries such as India and China have taken significant steps to improve the penetration of electrification. In India, the government has decided to spend a significant part of the 12th five-year plan (2012-2017) on electrification projects. The Chinese government had announced its plan to achieve 100% rural electrification by the end of 2015, which has been successful. With the increase in electrification and adaptation of smart grid technology, demand for middle-grade switchgear is set to increase in emerging countries during the forecast period.

In terms of competitive landscape, some of the major players operating in the global medium voltage switchgear market includes Schneider Electric SE (France), ABB (Switzerland), Siemens AG (Germany) and General Electric (the U.S) among others.

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About Market Research Reports Search EngineMarket Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.Contact UsState Tower 90, State Street Suite 700 Albany, NY - 12207 United States Telephone: +1-518-730-0559 Email: [email protected] Website: https://www.mrrse.com/ Read More Industry News At: https://www.industrynewsanalysis.com/ tify;line-�ݹ��;A latest research report titled as “Natural & Manufactured Sand Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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The natural and manufactured sand is an important product used in mortar and cement concrete. This mixture is used for construction. Natural & manufactured sand market covers all the products and application with the aim to improve the quality, and productivity of the construction. Increasing ongoing infrastructure development projects, growing urbanization and growth of middle class population propels the need of houses, roads, offices, malls, shops and basic infrastructure across the world. These factors are anticipated to drive the growth of the natural & manufactured sand market during the forecast period. Moreover, high investment by regulatory body for infrastructure is a major driving factor for the expansion of the natural & manufactured sand market. The global natural & manufactured sand market was valued at US$ 81.1 bn in 2016 and is forecasted to expand at a CAGR of 10.6% from 2017 to 2025, reaching a value of US$ 192.9 bn in 2025.

Manufactured Sand to Gain Prominence as Stringent Rules Hamper Sale Natural Sand

The global natural & manufactured sand market has been segmented on the basis of product type, application and geography. On the basis of product type, the market is segmented into natural sand and manufactured sand. The natural sand market holds a highest share in terms of revenue and was valued at US$ 47.4 bn in 2016. The global market is expected to be attractive for manufactured sand during the forecast period. The reason for the growth of manufactured sand in this forecast is due to exhaustion of deposits of natural sand that is causing serious threat to environment. Additionally, loss of water retaining natural sand from river that affect to natural flora on the banks of rivers. Moreover, Due to government and regional bodies imposing stringent laws and regulation to overcome environmental issue for maintaining ecological balance of environment has boosted the manufactured sand market during the forecast period.

In terms of application, the market is classified into residential, commercial, industrial and infrastructure. Infrastructure was the largest application segment of the natural & manufactured sand market in 2016. While others segments such as residential, and industrial of application are expected to grow at good pace during the forecast period.

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Rapid Urbanization in Asia Pacific to Put Regional Market on Top

According to geography, the market is segmented into five regions namely North America, Europe, Asia Pacific, the Middle East and Africa and South America. Asia Pacific led the natural & manufactured sand market with a value of US$ 44.4 bn in 2016. However, Asia Pacific expected to grow at a CAGR of 12.7% throughout the forecast period from 2017 to 2025. The primary drivers for the growth of natural & manufactured sand market in Asia Pacific region are growth in application of infrastructure, and residential projects, urbanization and growth of middle class population in emerging economies. Additionally, government and regulatory bodies in this region is having high investment for infrastructure and commercial sector. North America is anticipated to grow at a CAGR of 9.1% during the forecast period due to the growth in residential and industrial application of natural and manufactured sand market. Furthermore, South America region is expected to show sustainable growth during the forecast period.

Over the last few years, companies have changed their business models in order to incorporate the changes in demand and regulations from construction industry. Major companies are focusing on innovations in crushing technology, modern grinders to produce high quality and well-graded sand to expand their business. Major natural & manufactured sand market players profiled in the report include Adelaide Brighton Ltd, CDE, CEMEX S.A.B. de C.V., CRH Plc, Heidelberg Cement AG, Hutcheson Sand & Mixes and Vulcan Materials Company.

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markengine-blog · 7 years

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A latest research report titled as “Printed Antenna Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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The global printed antenna market is displaying steadfast growth on account of high-value applications of printed antennas. The rising adoption of printed antennas in the aerospace and defense industry is catapulting growth of this market by leaps and bounds. This is because printed antennae in combination with radio frequency identification technology facilitates efficient data transfer needed in aircrafts, spacecraft, missiles for navigation and information sharing. Not only this, the cost effectiveness of printed antennae due to its easy fabrication using advanced printed circuit technology is fuelling their demand across several end-use industries.

Apart from this, considerable research and development for improvement in printing quality and efficiency is further triggering the growth of this market.

Printed antennas have substantial applications in telecommunications industry. These antennas form an integral component of several mobile communication devices thereby enhancing the data transmission capabilities of these devices. For example, the flourishing telecommunication industry in emerging economies such as India and China presents ample growth opportunities to the printed antennas market.

As per a report by Market Research Reports Search Engine (MRRSE), the global printed antennas market is poised to be worth US$12.87 bn by 2025 increasing from US$6.66 bn in 2016 at a CAGR of 7.7% between 2017 and 2025.

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Application of Screen Printing across Industry Verticals Ramps up Demand

The global printed antennas market is divided into five segments of ink-jet printing, screen printing, flexography printing, gravure printing, and others based on printing technology. The segment of screen printing leads the market in terms of value. Being one of the traditional forms of printing technology, screen printing is suitable for printing on large number of substrates such as plastic, paper, cellophane, and others. In addition, its application across several verticals and high accuracy outcomes adds to the advantage of screen printing.

However, ink-jet printing technology is expected to rise at a considerable CAGR over the forecast period. Ink-jet printing supports digital printing and thus has rising applications across industries. Flexography printing is the newest form of printing technology and finds widespread application in military packaging and labelling. With the growth of the pharmaceuticals and defense sectors, flexography printing technology is anticipated to secure considerable market share over the forecast period.

In terms of end-use, the segments into which the global printed antennas market is divided are automotive, telecommunication, aerospace and defense, pharmaceuticals, and others. In 2016, aerospace and defense held the leading share of the global printed antennas market. Printed antennae in combination with radio frequency identification technology extends efficient data transfer capabilities. The increasing use of printed antennas in the pharmaceuticals sector as an add-on in blood flow monitoring devices is expected to bode well for this end-use segment over the report’s forecast period.

Ceaseless Penetration of Mobile Devices Catapults Asia Pacific Market

The key geographical segments into which the global printed antenna market is divided are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America holds the leading share in the overall market on the back of increasing use of printed technology in defense sector that uses printed antennas for design of aircrafts. This, along with the growing investment in telecommunication and healthcare sectors is boosting the growth prospect of printed antenna market in North America.

On the other hand, Asia Pacific holds immense potential to contribute to the growth of printed antenna market on account of rising penetration of mobile devices in the region.

Some of the leading players in the global printed antenna market profiled in this report are Neotech AMT GmbH, Shure Inc., nScrypt Inc., Optomec Inc., Optisys Inc., Cobham plc, GSI Technologies, Mars Antenna & RF System, Thales S.A, and Texas Instrument Inc.

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A latest research report titled as “Solid State Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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The global solid state lighting market is progressive despite its nascent state. The increasing demand for energy efficient lighting technologies that conform to high durability and improved productivity stipulations for reducing greenhouse gases is the key factor driving growth of this market. The trend is notable in developing economies that are witnessing rapid industrialization and urbanization and are being responsible to adopt energy efficient technologies to reduce emissions that are detrimental to the planet.

Apart from this, the increasing acceptance of LED lighting solutions in the residential sector for energy efficiency and cost effectiveness is also driving adoption of solid state lighting solutions.

The shift of manufacturing to Asia Pacific on account of its rising technical expertise and favorable cost structure is stoking demand for solid state lighting solutions. The integration of Internet of Things with solid state lighting is a strong driver of this growth of this market.

As per a report by Market Research Reports Search Engine (MRRSE), the global solid state lighting market, which stood at US$14.48 bn in 2016 is expected to be worth US$30.38 bn by 2025, rising at a CAGR of 8.7% between 2017 and 2025.

Energy Efficiency Drives up Demand for LED Lighting Solutions

The global solid state lighting market is classified into residential, commercial, industrial, and outdoor lighting depending on sector. The commercial sector segment dominated the solid state lighting market in 2016 and is likely to stay dominant over the forecast period.

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In terms of technology, the solid state lighting market is divided into LED, OLED, and others. LED, among them, is expected to hold a significant share over other segments vis-à-vis growth in the solid state lighting market because of the rising popularity of LED lighting solutions across all sectors of the economy.

By end-user, the segments of the solid state lighting market are conventional lighting, consumer electronics, automotive and transport, healthcare, media and entertainment, and others. The segment of automotive and transport is expected to clock considerable growth in the forthcoming years on account of introduction of new and efficient forms of lighting technology.

Smart Cities Developmental Projects Ramps up Asia Pacific Market

From a geographical standpoint, the segments into which the global solid state lighting market is divided are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America, among these, stood as a key market for solid state lighting in 2016 and it is expected to hold a decent share during the forecast period. The region accounts for significant contribution to the global market as it is home to several top vendors for solid state lighting solutions.

Europe is also expected to hold a significant position in the market over the forecast period. The growth of this regional market is backed by the advancement of the healthcare sector, which displays a high demand for solid state lighting for medical lighting needs. Apart from this, growth of the outdoor lighting segment due to changing lifestyle and increasing purchasing power is stoking growth of this regional market.

Holding 40% of the market in 2016, Asia Pacific stood as an attractive market for solid state lighting. The region is expected to continue its dominance over the forecast period. The growth of this regional market is backed by government initiatives for the development of smart cities.

Leading players operating in the global solid state lighting market include General Electric, Samsung Electronics Co. Ltd., Panasonic Corporation, OSRAM Licht Group, Mitsubishi Electric Corporation, Eaton Corporation, NICHI Corporation, Koninklijke Philips N.V., Seoul Semiconductor Co. Ltd., and Applied Materials Inc.

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A latest research report titled as “Global Market Study On Timber Harvesting Equipment: Chainsaws Product Type Segment Expected to Hold a High Potential for Growth During 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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Timber harvesting equipment in the present scenario is the commonly used equipment for the purpose of producing logs of timber. These mechanized equipment help in producing cleaner logs right from the tree with less human effort. The market value generated from the sales of timber harvesting equipment is estimated to be valued at more than US$ 17.50 Bn by 2017 end, and is projected to reach more than US$ 25 Bn by the end of 2025, expanding at a CAGR of 5.5% over the forecast period. In terms of value, Europe and North America combined held a market share of more than 70% of the global market in 2016, which can be singled out to be the most attractive regions for the market to grow. The North America market is anticipated to expand at a CAGR of 4.3% over the forecast period with an estimated market value of US$ 5,946.5 Mn by 2017 end that is projected to reach a valuation of US$ 9,231.3 Mn by 2025.

Integration of GPS systems in forestry equipment and significant focus on new product launches are trending the global timber harvesting equipment market

Most of the manufacturers are integrating GPS machine control systems in the design of backhoe loaders, feller bunchers, harvesters and forwarders. Installation of machine control systems in their equipment helps improve the efficiency and allows users to work from their office, instead of being physically present on the site. Moreover, by minimizing material wastage and reducing the need for re-work, machine control can help improve the sustainability of the operation. For instance, if laborers use GPS systems for their equipment, it would help them work from a definite distance, without being physically present at the actual site. Growing urbanization will increase the demand for harvesting timber, which ultimately will surge the demand for timber harvesting equipment. Timber harvesting equipment are relatively costly, hence the option is either to lease or rent them. Some of the equipment that can be leased include excavators, backhoe loaders, feller bunchers, harvesters and forwarders. Leasing the equipment gives an opportunity to modify the equipment for the projects, get technical support and high level personal advice.

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Prominent manufacturers in the timber harvesting equipment market include Deere & Company, Komatsu Ltd., Caterpillar Inc., Ponsse Oyj, Volvo AB, and Husqvarna AB. Most of these key players have well-established presence in the growing markets. However, these players are actively looking for further strengthening their market presence, either by strategic collaborations and production expansion or mergers & acquisitions. Over the recent past, majority of market participants have been observed focusing on timely new product launches and advanced updates of the existing products. This is primarily focused towards gaining a competitive edge in the market. As the timber harvesting equipment market is consolidated, key manufacturers are focusing on innovation of technology to meet the consumer needs. For instance, in October 2017, Logset Oyj launched advanced technology (T-Winch) for harvesting on steep slopes. On the steep slopes, the weight distribution among the eight wheels is uneven; T-Winch is therefore used for greater assistance.

Skidders product type segment is anticipated to increase at a significant CAGR over the forecast period

The Skidders segment is projected to create a total incremental $ opportunity of nearly US$ 2,300 Mn between 2017 and 2025. The segment is expected to account for a revenue share of close to 20% of the global timber harvesting equipment market. Feller Buncher and Forwarders segments are expected to lose their market share owing to high cost and limitations for specific applications. Chainsaw and Skidders are expected to gain 60 BPS and 190 BPS respectively between the years 2017 and 2025. The Chainsaw segment is expected to grow at a CAGR of 7.0% owing to its advantage such as easy accessibility.

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A latest research report titled as “Global Market Study on Ultrasonic Level Sensors: Industrial End Use Segment to Lead in Terms of Market Share Through 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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The global ultrasonic level sensors market is projected to represent incremental opportunity of more than US$ 135 Mn between 2017 and 2025 owing to increasing demand in regions such as APAC, North America and Europe. During the period 2016 – 2017, the global ultrasonic level sensors market expanded at a Y-o-Y growth rate of 10.1%. During the forecast period 2017 – 2025 the market is projected to grow at a CAGR of 8.6% owing to tremendous increase in demand from the industrial and water & waste water management sectors. Global demand for ultrasonic level sensors is directly correlated to installation of the product in reservoirs and tanks in food and chemical processing units. With the expansion of manufacturing facilities in this sector, the usage rate of ultrasonic level sensors is expected to witness a manifold increase during the forecast period.

Industrial sector anticipated to be a high value-high growth market during the forecast period

The industrial sector is projected to drive high demand for ultrasonic level sensors in the coming years. With the increasing demand for consumable goods such as food materials, drinks, chemicals, and cement there is a huge scope for the industrial sector to grow rapidly. The industrial end use segment is estimated to grow at a CAGR of 10.2% and is expected to hold more than 44% of the global market share in 2025. Along with the industrial segment, water & waste water management and oil & gas segments also show good scope and are expected to expand at significant CAGRs during the study period.

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The global ultrasonic level sensors market structure

In 2016, the organized sector of the ultrasonic level sensors market accounted for nearly 30% of the global market share. Companies that come under the organized sector have strong sound operations and sales infrastructure across key regions with a few of them having a worldwide presence. The key strategy of these companies lies in the expansion of their manufacturing facilities and launch of new products to strengthen their portfolio. These companies also strategize to acquire regional enterprises in domestic as well as overseas territories.

Presence of alternate technologies and slowdown in demand from the industrial sector are some of the major challenges restraining revenue growth of the global market for ultrasonic level sensors

Efficient sensors are always necessary and are of utmost importance in manufacturing industries. Food & beverages, cement, chemical and pulp and paper industries are some of the important manufacturing industries where sensors have been used for the last several years. However, there are a few alternatives for these sensors that perform better at lower initial and operating costs. This factor is expected to act as a major restraint for the global ultrasonic level sensors market in the long run. Ultrasonic level sensors are mostly used for measuring the levels of various raw materials and end products in factories that develop chemicals, cement and other liquid or pseudo-solid materials. In some regions such as Europe, the market is saturated in terms of further industrial development. This slowdown in the market has led to less demand for ultrasonic level sensors as there is less scope for opening up of new cement or chemical plants.

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