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According to a new market report published by Transparency Market Research  “Automotive Wiper Component Aftermarket - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026”, the global wiper system market for automotive is expected to expand at a CAGR of more than 5%, during the forecast period, to surpass US$ 15 Bn by 2026.

The global automotive wiper component aftermarket is projected to expand at a CAGR of more than 5% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). Increased usage of electronics and the demand for luxury have led to the development of driver assistance features such as rain sensing and is thus, driving the demand of rain sensors. Front wipers being mandatory, in order to maintain clear vision, account for a prominent share of the automotive wiper component aftermarket.

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Wiper blades being a wear and tear part have a low shelf-life of six months to one year. The wiper blades erode due to their sustained usage and exposure to the environment. The wiper blade offers robust aftermarket potential as it is a serviceable part and requires periodic replacement. Rise in awareness among the consumers and the expansion of dealership and garages are driving the automotive wiper component aftermarket.

Increased preference for cross-overs and SUVs is boosting the market of wiper blades and wiper motor. The shift in consumer preference toward cross-overs and compacts from sedans, as they are cheaper than SUVs yet aesthetically impressing, is expected to drive the automotive wiper component aftermarket. SUVs, compacts, and cross-overs are adopting rear wipers and their increased adoption is projected to fuel the wiper motor and wiper blade segments of the automotive wiper component aftermarket. Adoption of rear wipers by luxury automakers such Porsche, BMW, and Mercedes is probably expected to further propel the rear wiper market .The used car industry is witnessing expansion due to gaining consumer confidence and increase in number of first-time buyers opting for used cars. Rise in number of used cars is boosting the automotive wiper component aftermarket, as they require frequent maintenance. The average age of vehicle is increasing, owing to the change in people’s preference to retain their vehicle and not scrap it. Increase in aged vehicle fleet on the road is a major driver for the automotive wiper component aftermarket.

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The aftermarket is projected to expand at a steady pace owing to the mandatory requirement of wipers and no feasible replacement solutions. The U.S. has more than 270 million vehicles on the road; and hence, is a highly attractive market for the automotive wiper component aftermarket. Increased sales of vehicles in Asia Pacific is likely to fuel the automotive wiper component aftermarket and surpass North America to emerge as the leading region by 2026. Cheaper production cost in China & India is likely to help improve wiper component exports and create competitive standard for other countries. Wipers play a major part in maintaining visibility in Asia Pacific, as the region experiences the monsoon season; and hence, is a prominent automotive wiper component aftermarket.

North America & Europe witness a higher penetration of luxury and premium cars and are thus, favorable markets for the rain sensor aftermarket. Demand for driver assisting features and high disposable income have fueled the development of rain sensing technology in North America & Europe. Increased vehicle sales in countries in Rest of Europe such as the Czech Republic and Slovakia is boosting the automotive wiper component aftermarket in Europe. The cold climate experienced in Europe and North America necessitates the usage of wipers for clearing snow. Wipers undergo considerable wear and tear when used to clear the snow and produce smearing on the windshield. Consequently, they require seasonal replacement, which in turn propels their demand.

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Key players operating in the global automotive wiper components aftermarket include Robert Bosch GmbH, DENSO Corporation, Valeo S.A., Federal Mogul Motorparts LLC., HELLA GmbH & Co. KGaA, DOGA SA, Nippon Wiper Blade Co., Ltd., Pilot Automotive, Am Equipment, Mitsuba Corp., B. Hepworth and Company Limited, and Magneti Marelli S.p.A. 

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Wheelchair Accessible Vehicle Converter Market: The large population with functional disabilities who are restricted on wheelchair for movement primarily fuels the expansion of the wheelchair accessible vehicle converter market. This population needs special access equipment for wheelchair to be loaded and fit into the design of passenger vehicles.

Automotive Speaker Market: Due to improving disposable income of people from many developing and developed nations, there is a notable growth in the sales of luxury and premium vehicles globally. Moreover, this population base is inclining toward using vehicles that offer advanced comfort features and safety. These factors are favoring the growth of the global automotive speaker market.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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

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

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

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

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

Online Home Decor Market: Prominent Regions

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

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Online Home Decor Market: Key Players

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

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Baby Skincare Market : Due to growing consumer awareness on disadvantages, such as allergies or rashes, of using synthetic baby skincare products with harmful chemicals, they are inclining toward baby skincare products manufactured using organic and natural ingredients, which help in maintaining healthy skin of babies. Considering this trend, major companies operating in the global baby skincare market are strengthening their production capabilities in organic and natural products.

Lighting Fixtures Market: The massive demand for modern lighting fixtures to optimize power consumption in end users has generated abundant opportunities. The incorporation of LEDs at homes and for numerous indoor applications especially in emerging economies is catalyzing lucrative avenues, noted the analysts in the lighting fixtures market.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Rohit Bhisey

Transparency Market Research

90 Sate Street, Suite 700,

Albany, NY 12207

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

According to the business intelligence report by the Transparency Market Research, the global home security solutions market is expanding at a significant rate over the forecast period of 2019 to 2027. The global home security solutions market was evaluated at US$ 17.8 billion in the year of 2019 i.e. beginning of the forecast period. The research authors at Transparency Market Research predict that the global home security solutions market will grow at a noteworthy growth rate of 24.2 % over the forecast period of 2019 to 2027 and hit the valuation of US$ 81.1 billion at the end of the forecast period i.e. 2027. Increasing concerns regarding the safety of homes and family against unwanted criminal activities such as home invasions, burglary, homicides, and property theft are driving the demand in global home security solutions market.

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Solutions in the global home security solutions market are availed by consumer in order to protect their homes by detecting any criminal activities using various types of electronic products. Equipment and products offered by the players in global home security solutions market are utilized for various purposes including video surveillance, movement detection, controlling unwanted entry in residential premises, access control, and monitoring purposes. Solutions in the global home security solutions market are enabled by utilization of latest and cutting edge technologies such as electronic locks, sensors, alarms, gesture control systems, cameras, and various detectors.

Integration of IoT Creates New Opportunities in Home Security Solutions Market

Increasing usage of smart home appliances, supported by rising use of smartphones and other connected devices are supplementing the growth in global home security solutions market. Furthermore, integration of Internet of Things or IoT technologies as well as rising adoption of wireless driveway and window alarms is supplementing the growth of global home security solutions market. Segments in the global home security solutions market by component include hardware, software, and services. Hardware segment can be further classified into video surveillance (including analog and IP), access control and authentication (including biometrics, RFID, and card-based authentication), alarms, and electronic lock, among other systems. Services segment can be further classified into installation services, consulting services, technical support services, and cloud based services.

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North America to Dominate the Home Security Solutions Market

Major regions covered in the research report on the global home security solutions market include Europe, Middle East and Africa, Latin America, North America, and Asia Pacific. Geographically, North America region recorded the maximum number of home security solutions implementation in the global home security solutions market. The region is anticipated to dominate the global home security solutions market in coming years.

Rising demand for solutions in global home security solutions market in North America can be attributed to renovation and improvement activities in residential construction sector as well as rising expenditure on home security solutions in the region. Another factor influencing high demand in North America home security solutions market is rising perceived concerns related to crime and other anti-social activities such as burglaries and thefts in residential areas in the region.

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Few of the leading and major players functional within the global home security solutions market include Assa Abloy AB, Frontpoint Security Solutions, Honeywell International, Inc., SimpliSafe, Inc., Vivint Inc., ADT Corporation, Axis Communications AB, HikVision Digital Technology Co. Ltd., Protect America, Inc., and tyco International, Ltd., among others. Players and service providers in the global home security solutions market are leveraging modern and latest technologies such as smart home and internet of things in order to provide better and enhanced solutions to their consumers. Several players in global home security solutions market are also increasing their spending on research and development in a bid to unlock the complete potential of IoT connected devices for enhanced monitoring and surveillance solutions.

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Livestock Monitoring Solutions Market : livestock monitoring solutions market is broadly impacted by several factors, including adoption of IoT and NextGen technologies for monitoring dairy/beef animals across the globe. Thus, expanding applications of livestock monitoring solutions for different end users are propelling the global market for livestock monitoring solutions.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Rohit Bhisey

Transparency Market Research

90 Sate Street, Suite 700,

Albany, NY 12207

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

As e-commerce thrives, demand for warehousing will increase and that will lead to growth in warehouse robotics market. Over the past few years, warehousing has been propelled onto a high growth trajectory, credit growing demand for warehouses by these players in the e-commerce sphere looking for reliable solutions.

It has been noted that as economies do better, e-commerce makes shopping globally simpler, volumes dealt with have dramatically shot up. Also, the reduction of need for manual labor in a number of tasks saves big bucks and allows for better results. Labor can now be used in other more critical areas that need human touch.

It is pertinent to note here that use of robotics across industry verticals – from automotive and pharmaceutical to food and beverages, electronics and electrical, and e-commerce - is catching on for reasons such as precision and consistency in performance.

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It is also worth mentioning here that the warehouse robotics streamline maintenance and operation in the set space with much ease and efficiency. Some of the processes where robotics is making their mark are storage, packaging, transportation, transfer, and palletizing.

And, thus it does not come as a surprise that the global warehouse robotics market is set to witness a healthy CAGR (Compound Annual Growth Rate) of 12.0% over the forecast period of 2019 to 2027, pulling up the market worth to USD 9579.3 million by the end of this period.

It is pertinent to note here that the one factor that might restraint growth of the global warehouse robotics market is the lack of awareness and steep costs of deploying robotics. Also, training that comes with it is expensive. However, technological advancement and large scale demand for robotics is all set to offset the negative impact.

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Asia Pacific to Chart Significant Growth over the Forecast Period

The Asia Pacific region is set to monopolize the global market for warehouse robotics. One of the biggest reasons supporting this growth is the strong economic performance demonstrated by the nations flanking the region, leading to improved standard of living and rise in disposable incomes. There is also a massive growth in number of e-commerce websites and the mushrooming of these is only increasing in pace with time.

Other important regions that will generate strong growth figures is North America and Europe, owing to a deep culture of consumerism and a high level of disposable incomes.

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Global Warehouse Robotics Market to Witness a Fragmented Competitive Landscape over the Forecast Period

The global warehouse robotics market is not just fragmented but is also highly competitive since the large number of players it holds in itself are deploying various strategies aggressively to ensure a larger chunk of market growth end up with them. Some of the most common strategies used to have a deeper market penetration or a wider consumer base are mergers and acquisitions and partnerships and collaboration based on synergies. Some of the most renowned players in the global warehouse robotics market are Amazon Robotics LLC, SSI SCHAEFER, Fetch Robotics, Inc., YASKAWA, and Wynright Corporation. 

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Fiber Optic Connectors Market: The fiber optic connectors market is expected to observe steady growth during the forecast period of 2020-2025. The use of fiber optic connectors across a large number of end-use industries will propel the growth of the global market.

Infrared Sensors market : The rising disposable income and the growing purchasing power parity of many individuals are helping in increasing the demand for consumer electronics like tablets, smartphones, laptops, and others to a considerable extent. Infrared sensors are used on a large scale across the consumer electronics industry. The heightening sales of consumer electronics are directly proportional to the increasing demand across the infrared sensors market.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Rohit Bhisey

Transparency Market Research

90 Sate Street, Suite 700,

Albany, NY 12207

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

According to a new market report published by Transparency Market Research titled ‘Driving Footwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global driving footwear market is expected to reach US$ 3,087.9 Mn by 2026, expanding at a CAGR of 3.7% from 2018 to 2026. In terms of volume, the market is expected to reach 19,259.9 ‘000 units by 2026, expanding at a CAGR of 3.5% from 2018 to 2026. Based on region, Europe held the highest market share in the global driving footwear market in 2017.The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. 

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The driving footwear market in North America holds the second largest share in the global driving footwear market and is expected to grow moderately over the forecast period. Driving boots hold the highest market share in North America among different types of driving footwear. Driving sneakers are seeing increasing demand and their growth is expected during the forecast period. The online driving footwear market is expected to grow faster than the offline driving footwear market. In 2018, the population in North America reached 494.4 million, of which about 40.0% is aged between 25-54 years. These are the major purchasers of online driving footwear. In 2018, internet penetration in North America reached 90.0% of the population. The U.S. holds the lion’s share in the North America driving footwear market, with a share of more than 80.0% expected by the end of the forecast period. As per Footwear Distributors and Retailers of America (FDRA), footwear is one of the most purchased items in the U.S. Per capita footwear consumption in the U.S. is seven pairs of shoes. The U.S. is one of the largest importers of footwear in the world. Almost all the footwear used in the U.S. is imported. As per current data from FDRA, 2.39 billion footwear pairs sold in the U.S. are imported and only 25 million footwear pairs are U.S. made.

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The driving footwear market in Europe is the largest in the world and is expected to grow moderately over the forecast period. Driving boots hold the highest market share in Europe among different types of driving footwear and is expected to hold a market share close to 60.0% by the end of the forecast period. Driving sneakers which are widely popular in Europe are expected to see increased demand during the forecast period. The U.K., Germany, Italy, France, and Spain are major markets in the Europe driving footwear market, with a share close to 75.0% expected by the end of the forecast period. Europe is the largest footwear importer in the world. 

The Asia Pacific driving footwear market is the third largest market in the world and is expected to grow the second fastest over the forecast period. Driving boots are expected to hold the highest market share of 54.0% by the end of the forecast period. Driving sneakers are expected to witness increased demand during the forecast period. China, Japan, and India are major markets in the Asia Pacific driving footwear market, with a share close to 70.0% projected by the end of the forecast period. Asia Pacific is the largest consumer and manufacturer of footwear. With rising demand for footwear across Asia Pacific, driving footwear is expected to see enhanced demand. 

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The South America driving footwear market is the fourth largest market in the world and is expected to grow the fastest over the forecast period. Brazil continues to hold more than 60.0% share of the driving footwear market in the region and the share is expected to reach close to 65.0% by the end of the forecast period. 

The MEA driving footwear market is the smallest market in the world. Driving footwear is expected to hold a market share close to 53.0% by the end of the forecast period. GCC and South Africa are major markets in the MEA region.           

The study provides a conclusive view of the global driving footwear market by segmenting it in terms of product type, material type, vehicle type, consumer group, and distribution channel. In terms of product type, the driving footwear market has been classified into boots, shoes, and others. The others driving footwear category include sneakers, training shoes, etc. Based on material type, the market has been segmented into leather, synthetic, and natural fibers.

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In terms of vehicle type, the market is segmented into two wheelers and four wheelers. Based on consumer group, the market is classified into men and women. Based on distribution channel, the market has been segmented into online and offline. 

The report highlights major companies operating in the global driving footwear market including Puma SE, Adidas AG, Alpinestars S.p.A, Dainese S.p.A, Fox Head Inc., SCOTT Sports SA, Lemans Corporation, Gianni Falco Srl, Sparco S.p.A, and Piloti Inc. 

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Matcha Tea Powder Market: The popularity of matcha tea powder is growing across the globe owing to its many health benefits, including antimicrobial, antiviral, and cardioprotective properties. Thus, there is notable growth in the demand for the product, which is anticipated to boost the matcha tea powder market in the upcoming years.

Baby Skincare Market : Due to growing consumer awareness on disadvantages, such as allergies or rashes, of using synthetic baby skincare products with harmful chemicals, they are inclining toward baby skincare products manufactured using organic and natural ingredients, which help in maintaining healthy skin of babies. Considering this trend, major companies operating in the global baby skincare market are strengthening their production capabilities in organic and natural products.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Rohit Bhisey

Transparency Market Research

90 Sate Street, Suite 700,

Albany, NY 12207

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

According to a new market report published by Transparency Market Research titled “Laser Micro Perforation Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global laser micro perforation equipment market is expected to reach a value of US$ 314,028.1Thousand by 2026. The market is estimated to expand at a CAGR of 5.5% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 1,303 units in 2017. Europe dominated the laser micro perforation equipment market in 2017, acquiring approximately 40% of market share. The market in this region witnessed rapid increase in urbanization, changing lifestyle of people, and rise in awareness among consumers about healthy and fresh products which has fueled the FMCG and retail sectors in Europe. Additionally, the number of retail outlets such as hypermarkets, supermarkets, and local stores has increased in Europe, leading to the rising demand for packaged food. Furthermore, laser micro perforation as a technology is more prevalent in Europe due to presence of advanced technologies compared to other regions.

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The laser micro perforation equipment market is influenced by market dynamics with the prime driving factor being protecting and preserving the product from any sort of damage and contamination. Micro perforated films packaging provides all the properties needed for primary packaging such as lightweight, high performance, high barrier, low contamination, and keeps the product completely sealed off from the environment. Additionally, consumers want their food products to be hygienic and remain fresh for a longer time, which increases the demand for plastic films, thereby boosting the demand for laser micro perforation equipment during the forecast period.

Based on product type, the portable Co2 lasers segment dominated the market in 2017 and was valued at US$ 163,708.7 thousand at a CAGR of 5.5%. The segment dominated the market due to its widespread application in food packaging and other consumer goods.CO2 lasers offer various benefits over traditional mechanical methods for perforation, scoring, and cutting of the plastic films and other flexible materials that are majorly utilized in the packaging of foods and other consumer goods. Additionally, increased demand for pouch packaging in various industries, including food & beverage coupled with convenience at a low cost compared to Nd: YAG lasers is expected to drive the market during the forecast period.

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Increased consumer demand for high quality and freshness in packaged foods has led to the usage of sophisticated packaging techniques based on the application of plastic films. According to plastic type, polypropylene plastic film dominated the market in 2017 and was valued at US$ 107,163.0 thousand. The segment is expected to grow at a faster rate due to its application in the packaging field in food and beverage due to its lightweight, hygienic properties. It is utilized majorly in maintaining and enhancing the quality of packaged food.

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Some of the key players in the laser micro perforation equipment market include B&B Verpackungstechnik GmbH, Coherent-ROFIN, Comexi Group, El.En. S.p.A., AZCO Corp., Guangzhou Laisai Laser Equipment Co., Ltd., Han's Laser Technology Industry Group Co., Ltd., ID Technology, LLC, Karlville Development, LLC, LaserPinSrl, LasX Industries, Inc., MaklausSrl,  MLT - Micro Laser Technology GmbH, PERFOTEC B.V., Preco Inc., PTS Progressives Engineering, SeiS.p.a, Stewarts of America, Inc., Synrad Inc., and Universal Converting Equipment. The key players operating in the laser micro perforation equipment market adopt numerous strategies to sustain in the market. Product development and acquisition and partnership are some of the main strategies adopted by key players to gain a competitive edge.

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Pup Joint Market : The growth of the pup joint market predominantly relies on the surge in demand from oil & gas and mining industries. While the oil & gas sector is expected to remain the most prominent end-use industry, the demand from other industrial sectors, including chemical, mining, and construction is projected to grow at a healthy pace

Industrial Personnel and Burden Carriers [Electric] MarketRise in adoption of automated technologies and increase in spending on the development of automated machinery for production and manufacturing industries are boosting industrial automation across several industries, including automotive, manufacturing, logistics & transportation, oil & gas, and pharmaceutical. Automated machinery increases the safety of workers working in these industries.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Rohit Bhisey

Transparency Market Research

90 Sate Street, Suite 700,

Albany, NY 12207

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

The global over-the-top (OTT) services market has been projected in a report by Transparency Market Research (TMR) to witness a rising count of players focusing on inorganic growth strategies such as acquisition of smaller players to gain a competitive edge. However, some of them could also concentrate on improving their product portfolio to attain a position of strength in the market. Google, Apple, and Netflix are among the leading players of the industry. Other strategies anticipated to be practiced in the market are winning price advantages and providing products with high-quality features. The regional and global demand in the market could be catered to by a significant count of players operating in the industry.


The analyst of this business intelligence study has also detected that developing a sense of brand image is essential to maintain a stronghold over the over the top services market. “A strong percentage of customers are repeated, and hence developing a loyalty among them will go a long way in sustaining in-flow of demand,” says the analyst.


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TMR report has estimated the global OTT services market to collect mega revenue worth a US$3,538.04 billion by 2025, while gaining an increment in demand at a 16.4% CAGR during the completion of the forecast tenure 2017-2025. In 2017, the market has been evaluated to have had a valuation of US$1,049.21 billion. By business model, premium and subscriptions have been foreseen to continue with their dominance taking cue from their close to a 48.5% share fetched in 2017. On the regional front, Asia Pacific is projected to exhibit a greater CAGR of 16.1% between 2017 and 2025.


Growing Production of In-house Web Series to Bolster Demand


The demand in the world OTT services market has been predicted to gain strength with the personalization of technology in almost every industry. Rising need for infrastructure and compliance, swelling application of OTT services in mobile devices, and escalating demand for time-shifted television could also help the market to create growth opportunities in the coming years. Yet, there could be more factors prognosticated to support market growth: rising production of in-house web series, extensive availability of broadband infrastructure, and snowballing adoption of device-based computing.


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Reluctance of Customers to Spend on OTT Services to Forestall Growth

The international OTT services market has been prophesied to be hampered by low scope of customer retention, reluctance of customers to make purchases, lack of procedure to curb or identify piracy, and growing popularity of free online video streaming. However, players could find lucrative prospects birthing on the back of the rising usage of digital rights management (DRM) in web browsers, amplified adoption of real-time bidding (RTB), and the advent of video streaming services. More opportunities have been envisaged to come by as OTT services and platforms charge customers affordably.


Key Takeaways:

  • Brand-image a crucial aspect that can help the companies gain shares over their competitors in the global over the top services market.
  • The vendors of the OTT market are suggested to increment their focus on APAC, which is emerging as region with proliferating prospects on the back of mushrooming of small and medium businesses (SMBs)
  • The global OTT market is estimated to be worth US$3,538.04 billion by the end of 2025, with the demand surging as a CAGR of 16.4% during the forecast period of this report, which is 2017 to 2025


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The information presented in this review is based on a Transparency Market Research report, titled, “Over the Top (OTT) Services Market (Business Model - Premium and Subscriptions, Adware, and E-commerce; Application - Communication, E-Services, Media Content (Audio/Video, Gaming, and Web Content), and Cloud Services); End Use - Personal and Commercial (Healthcare, Media and Entertainment, IT, E-commerce, and Education)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”


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Property Tax Services Market :property tax services market is broadly affected by several factors, including increasing awareness about property tax services in commercial & residential sectors. Thus, rising adoption of property tax services in different sectors is propelling the global market for property tax services.


EV Platform Market: the proliferating demand for affordable EVs has driven players in the EV platform market to focus on reducing the overall cost of production. Over the years, this has underpinned the need to bring vehicle diversity across battery EVs and hybrid EVs for buses, utility vehicles, and cars. This stridently has increased the popularity of the modular EV platform approach among automakers to produce EVs at scale and meet the rapidly growing demand, notes the study on the EV platform market.


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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


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Financial audit software reviews and analyzes financial transactions to adhere to compliance and reduce fraud. This type of software allows companies to identify doubtful transactions that may affect their profitability and ensures compliance with internal financial regulations and policies. Accounting departments mainly use financial audit software Market but can also be used by procurement teams to monitor travel or for expenditure audits and cost transactions.

Financial audit tools need to integrate with solutions that capture financial transactions such as ERP systems, accounting software, procurement software, and travel & expense software. Financial Audit category product must provide functionality to automate the auditing of all types of financial transactions like identify and analyze the transactions which will allow users to audit transactions and deliver reports on suspicious behavior, risk assessment, and audit performance.

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The COVID-19 crisis is affecting industries worldwide, and the global economy is anticipated to take the worst hit in the year 2020. The outbreak has generated significant interference in banking, financial services and insurance sector. However, by the end of year 2021, the market is expected to grow at a healthy rate.

Global Financial Audit Software Market: Dynamics

Global Financial Audit Software Market: Key Drivers

  • Financial audit software provides customers with bookkeeping, maximum efficiency in accounting, compiling and reporting financial statements and value added analysis.
  • Significant growth in the global financial audit software market is expected in the near future due to strict government regulations for compliance and growing need for effective risk management. Financial audit software helps businesses to consolidate audit information to derive an idea of the company’s financial statistics.
  • Vendors in the market have combined financial audit software with many cognitive technology-based solutions such as AI to streamline and standardize the process of financial audit.

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North America to Account for Major Share of the Global Financial Audit Software Market

  • In terms of region, the global financial audit software market can be divided into North America, Europe, Asia Pacific, Middle East & Africa and South America.
  • North America is expected to hold the largest share in the global financial audit software market. In this region, major vendors have adopted various organic and inorganic strategies to maintain their competitive position in the market.
  • Growth rate of the market in the APAC region is projected to be the highest during the forecast period, credited to various financial audit software vendors that are expanding their reach in the region to cater to changing customer requirements.

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Global Financial Audit Software Market: Competitive Landscape

Keys Players Operating in the Global Financial Audit Software Market

Organic and inorganic growth strategies are followed in the financial audit software market. Product approvals, product launches, and patents are the organic growth strategies on which many companies are focusing. Inorganic growth strategies such as acquisitions, and partnership & collaborations are observed in the market. These activities have resulted in the expansion of business and customer base of market players. Key players in the financial audit software market are expected to experience profitable growth opportunities in the future with the rising demand for products in the global financial audit software market.

  • AppZen Inc.
  • AuditDesktop
  • Chrome River Technologies, Inc.
  • GreenLine
  • Hubdoc Inc.
  • MindBridge Analytics Inc.
  • Audit Prodigy
  • Wolters Kluwer Tax & Accounting
  • Suralink Inc.
  • Thomson Reuters

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Engineering Software Market : Engineering software have added new capabilities for software engineers and engineering leaders. The increasing trend of robotic process automation is adding growth propositions in the engineering software market. Engineering software adoption is opening new levels of automation for them. For instance, 3D modelling are becoming enabler for developing high-quality digital content for numerous industries

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

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Transparency Market Research,
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The demand for premium cosmetic products will boost the demand for the airless packaging for cosmetics market globally. Products such as foundations, skincare creams, foundations, serums and many more have grown after a large demand over the last few years. The rising number of working women and the demand for natural skin care products have skyrocketed over the last decade which has simultaneously affected the airless packaging for cosmetics market.

Airless bottles and jars are preferred over airless pouches and tubes in the packaging of premium quality cosmetic products because they provide an aesthetic appeal to the consumers. In the cosmetic industry, airless tubes are used in packaging in smaller quantities concerning airless jars and bottles.

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The airless packaging for cosmetics market has seen a recent boom because cosmetics the semisolid ones such as creams, lotions, gels, pastes have product integrity to maintain which can only happen if the shelf life of these premium products is increased by packing them in airless tubes, jars, bottles and pouches. Thus the airless packaging prevents the need for preservatives for external influences such as UV light and oxygen.

Airless Packaging for Cosmetics Market: Drivers

The cosmetic Industry was facing a lot of setbacks due to limited self-life which was also hindered due to contamination with UV sunlight and oxidation of products. But with the introduction of airless packaging, the cosmetic industry has seen rapid improvement in quality. With the coming of the airless packaging for cosmetics market, the industry has seen enormous benefits and with an increase in shelf life due to airless packaging, the number of preservatives used also decreases thus the profit margin has increased with this more and more manufacturers are inclined towards using airless packaging. This all leads to an escalation in the demand for the airless packaging for cosmetics market.

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Continuous fluctuations in crude oil prices will lead to uncertainty over the availability of raw materials for production and lower profit margins would hinder the prospects of the airless packaging for cosmetics market. Jars, Pouches and bottles used in the airless packaging for cosmetics market are made from PET and acrylic which are derived from crude oil.

This volatility in the cost of raw materials leads to an increase in production rate as a result it widens the gap of demand and supply. This volatility is seen in the crude oil prices due to reasons such as the demand and supply gap of crude oil, actions of the Organization of Petroleum Exporting Countries (OPEC) and most importantly the fluctuations in the currency.

The decline in demand for premium cosmetic products is forecasted due to the current COVID-19 pandemic situation, which has caused a change in income pattern all across the globe. In addition to all these major cosmetic manufacturers are opting for low-cost packaging alternatives over airless packaging to cover up the decline in sales which has harmed the airless packaging for cosmetics market.

Airless Packaging for Cosmetics Market: Regional Outlook

Europe leads the airless packaging for cosmetics market because of the high demand for premium cosmetic products and the strong presence of cosmetic manufacturing companies. Major brands have now focused their concern over sustainable airless packaging to protect the product from risks of oxidation and over rising concerns of sustainability due to strict regulations. Ren Clean Skincare, a cosmetic brand owned by Unilever has introduced its new skincare product in an airless bottle made out of recycled plastic in February 2020.

North America has seen steady growth in airless packaging for cosmetics due to rapid consumption of skincare products, especially in Mexico as it has seen a surge in numbers of working women in the country.

In the Asia Pacific where we can see a rise in per capita income of families, the cosmetic industry is on a boom to match the increasing standard of living of working women especially in countries like Malaysia, India and China due to which it has been anticipated that there would be a great increase in the airless packaging for cosmetics market.

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Airless Packaging for Cosmetics Market: Key Players

Key players in the airless packaging for cosmetics market are;

  • Aptar Group Inc.
  • Albea Beauty Holdings S.A.
  • Raepak Ltd.
  • Quadpack Industries
  • Fusion Packaging
  • Silgan Holdings Inc.
  • WestRock Company
  • LUMSON SPA
  • ABC Packaging Ltd.
  • Libo Cosmetics Company

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Nasal Spray Packaging Market : Nasal drug delivery is well-established as the favored means to topically cure local infections of the nasal opening, such as some allergic rhinitis and nasal congestion. Furthermore, nasal drug delivery has appeared as a successful way for needle-free immunization and complete delivery of drugs where rapid concentration and strokes are crucial; for instance, in migraine crisis and pain management.

Cosmetic Packaging Market : The popularity of various cosmetic products is increasing among a wide range of population from all across the globe.This scenario is creating prominent salesopportunities for the companies in the global cosmetic industry, thereby propelling the global cosmetic packaging market during the forecast period 2018–2026.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

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A mailer box is a packaging solution which is made up of paperboard and it is designed to send and store variety of products. The mailer box has interlocking wigs and flaps, which makes it easy to assemble and does not require adhesive tapes to be closed and assembled. Mailer box has double side walls which make it more protective packaging to ship the goods. The businesses that usually transports various types of products to their clients, these mailer boxes have become essential packaging solution for them. Mailer box ensures that the product should be protected from any kind of outer damages. Moreover, the mailer box can be modified in such a way that manufacturers can write precise and required information about the product on them. Mailer box is more suitable for box top advertising and labelling purposes. Mailer box is quiet easy to carry which are used to transport various objects. Being light in weight, mailer box is not only used in warehouse or factories but they are also used by consumers for sending gifts and delicate things. Furthermore, the enormous benefits of mailer box makes them popular and accelerate the growth of the mailer box market. 

Mailer Box Market: Dynamics

Mailer box is made of paperboard and is eco-friendly as well harmless for nature and natural inhabitants for the environment. Mailer box is a biodegradable packaging solution as they are made from the material which is non-toxic and sustainable. The best advantage of mailer box is that they are offered in frequent shapes and sizes.

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The key players in the market are manufacturing numerous shapes and sizes according to the needs of the consumers. Another advantage of mailer box is its exceptional printability. Swift printing is the best benefit for the manufacturers of mailer box, as per the demand of the consumer the manufactures can print anything on it. Therefore, the above-mentioned features of the mailer box are accelerating the growth of the market.

Mailer box is very much in demand and has become more popular due to its customization feature. As a marketing tool, customization of mailer box is considered an effective and influential tool in consumer services. Brands or manufacturers are offering customization with different colours and design according to the customer choices and preferences. Moreover, the mailer box is perfect for shipping any kind of product and widely used in the e-commerce industry. The growing e-commerce sector will create lucrative growth for the mailer box market.

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Mailer Box Market: Segmentation

Mailer Box Market can be segmented by product type, capacity, and end-use industry.

By product type, the mailer box market can be segmented as  

  • B flute
  • E flute
  • F flute
  • N flute

By capacity, the mailer box market can be segmented as  

  • Less than 2 kg
  • 2-4 kg
  • 4-6 kg

By end-use industry, the mailer box market can be segmented as

  • Food & Beverage
  • Electrical & Electronics
  • Home care
  • Personal care
  • Healthcare
  • Others

Mailer Box Market: Regional Outlook

Based on the geography, the mailer box market is categorized into North America, Latin America, MEA, Europe, and Asia Pacific regions. Asia Pacific region is estimated to dominate the overall global mailer box market, followed by North America and Europe. These regions dominated the overall retail e-commerce sector sales due to which the mailer box has become a prior choice as a packaging solution. Furthermore, in North America, the expansion of the e-commerce sector coupled with the shift to an online platform in the retail sector is bolstering the sales of the mailer box. In the European region, mailer boxes are also used by small scale industries for packaging of products which further escalates its market growth. Furthermore, these boxes are in the moderately low price range and affordable for large as well as small players in the market which is boosting the sales of mailer box in Latin America.

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Mailer Box Market: Key Players

Key players in the Mailer Box Market are:

Global Players:

Northwest Paper Box, Salazar Packaging, Inc., Accurate Box Company, halfpricepackaging, Inknart, Packlane, Inc. and others.

Asian Players: 

Shanghai DE Printed Box, Zhejiang THN Packaging Co., Ltd., Imprimatur Printing Services Pvt. Ltd., Guangzhou Happy Packaging Co., Ltd, Infinity Incorporation, Spartan Packaging, Easemart, Konark Propack Private Limited and others.

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Cup Carriers Market :  The food & beverage sector is expanding and becoming progressively dynamic in North America, which is likely to play an important role in driving the North America cup carriers market. In order to meet the soaring demand for on-the-go beverages in the region, several major firms are offering varieties of cup carriers.

Eco-friendly Labels Market : The growing demand for eco-friendly labels has enabled an extensive range of sustainable labels produced from renewable fabrics and papers, post-consumer scrap, dissolvable and repulpable papers, etc. With the rise of environment-conscious consumers around the world, the eco-friendly labels market is expected to grow during the forecast period.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Contact

Transparency Market Research,
90 Sate Street, Suite 700,
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Tel: +1-518-618-1030
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