Tuesday, 24 March 2020

Pet Wearable Market Product, Top Manufacturers, Geography Trends & Forecasts

The worldwide pet wearable market is anticipated to reach USD 4,172 million by 2026 according to a new research published by Polaris Market Research. In 2017, the identification and tracking segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global pet wearable market.

The increasing adoption of pets, along with growing awareness regarding pet care and safety majorly drives the market growth. Consumers are increasingly becoming aware of safety concerns regarding pets, which support market growth. The increasing penetration of mobile devices, and increasing disposable income encourage consumers to invest in pet wearable. Other factors driving market growth include increasing need of monitoring pets, growing adoption of IOT, and technological advancements. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for pet wearable market in the coming years.Sale of products through online channels has gained significant popularity over the years.

The trend of online shopping is gaining traction in developing economies, thereby encouraging established market players to distribute their products globally. Emerging and new players are also using online platforms for promotion and sale of products. Online distribution channels offer a global platform to market players for expansion of customer base, while reducing operation cost.

North America is expected to dominate the global market during the forecast period. This is due to high living standards and high disposable income. Presence of global players in these countries taps market potential and boosts the market growth. Increasing use of mobile devices and increasing sale of GPS-enabled products further augments market growth. Growing concerns regarding pet safety, and technological advancements further boost the market growth.

The various types of pet wearable products include smart collar, smart camera, smart harness, and others. Smart cameras dominated the global market in 2017 owing to increase need to monitor pets. These cameras monitor the pet activities while also offering features such as audio and toys. Growing awareness regarding smart wearable technology coupled with increasing development of customized mobile applications and software platforms is projected to fuel the demand for smart cameras.

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The well-known companies profiled in the report include DogTelligent, Garmin Ltd., GoPro, Dairymaster, Fitbark, IceRobotics, Loc8tor, PetPace LLC, Whistle Labs LLC, Otto Petcare, DeLaval, i4C Innovations. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Global Smart TV Market Size Worth USD 341.6 Billion By 2026

Polaris Market Research presents a most up-to-date research on “Smart TV Market [By Resolution Type (4K UHD TV, HDTV, Full HD TV, 8K TV); By Screen Size (28 to 40 Inches, 41 to 59 Inches, and Above 60 Inches); By Distribution Channel (Direct, Indirect); By Region]: Market Size & Forecast, 2017 – 2026”
The Global Smart TV Market Size Worth USD 341.6 Billion By 2026 according to a new market research report by polaris market research. In 2017, the Full HD Smart TV segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
The increasing adoption of 4K televisions, and growing penetration of high-speed internet have boosted the adoption of smart TVs. Increasing disposable incomes, and growth in media & entertainment industry further support the growth of this market. Increasing penetration of televisions, growing demand for superior video and audio television content, and rising consumption of online content boost the adoption of smart TVs. Increasing investments by vendors in technological advancements coupled with increasing demand from emerging economies further boost the market growth.
The growing disposable income has encouraged consumers to buy technologically advanced television sets that are in perfect amalgamation with their increasing living standards. Moreover, consumers are opting for high quality video and audio services along with the ability to connect to the internet. Thus, lofty living standards and increasing consumption of online content, would contribute to the growth of the smart TV market, thereby positively affecting the market growth.
Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and growing media and entertainment industry drive the market growth in the region. There has been a significant increase in the shipment of smart TVs in the region. The growing demand for high quality audio and video services, along with the need to connect to the internet has encouraged consumers to invest in smart TVs. Local players are introducing low cost Smart TVs with advanced technologies to cater to the growing demand of consumers. Numerous key players have adopted partnership and expansion strategies to increase their market share in Smart TV markets of the Asia-Pacific region.
Browse Complete summary of this report with TOC on “Smart TV Market by Application and End User – Global Industry Analysis and Forecast to 2026” at: https://www.polarismarketresearch.com/industry-analysis/smart-tv-market
The different ranges of screen sizes covered in the report include 28 to 40 Inches, 41 to 59 Inches, and above 60 Inches. In 2017, the 41 to 59 inches segment accounted for the highest market share. Smart TVs with screen sizes in the range of 41 to 59 inches are gaining traction worldwide owing to improved capability to offer superior video and audio quality along with additional features. Introduction of low cost smart TVs by the market players have boosted the growth of this market segment.
The well-known companies profiled in the report include LG Electronics, Inc., Koninklijke Philips N.V., Sony Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Hitachi Ltd., Toshiba Corporation, Haier Electronics Group Co., Ltd., Panasonic Corporation, Videocon Industries Limited, and Skyworth Digital Holdings Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Halal Cosmetics Market

The global halal cosmetics market is anticipated to reach USD 22.53 billion by 2026 according to a new study published by Polaris Market Research. The market growth is primarily due to increase in Muslim populations and their purchasing power. This has created a surge in demand for halal cosmetics. Increasing demand has also compelled market players to engage in new product development.

Currently, consumers are exhibiting growing interest in halal cosmetics and personal care. This is primarily due to the increasing consumer awareness about the importance of personal hygiene and improving lifestyles as a result of increasing disposable income. Halal cosmetics being different from conventional cosmetics are gaining popularity, as these cosmetics do not contain alcohol, porcine-by products and their derivatives. Basically, they do not contain contents or ingredients that are against Islamic beliefs. 

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Halal cosmetics are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and high quality. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to personal care and halal cosmetics industry. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on beauty and personal products.

 The growing issues over the environmental and health hazards are also responsible for such as significant impact on the cosmetic industry. Some of the health hazards such as distortion, breast cancer, and abnormalities pertaining to genital are usually blamed to occur as a result of excessive usage of cosmetics products comprising nano-particle ingredients. The increasing in number of such events has promoted consumer awareness about the substance of beauty products, thus, driving demands for halal personal care and cosmetic goods.

Low level of awareness about the presence of halal cosmetic brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing heavy demands as expected out of its potentials. Moreover, halal issues within the sector are considered quiet minor among consumers in comparison to food consumption. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal cosmetic brands.

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Asia Pacific is anticipated to dominate the global halal cosmetics market, owing to the presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follow Islamic beliefs.

The list of key companies that are operating in the market include Ivy Beauty Corporation Sdn Bhd, Mena Cosmetics, MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Talent Cosmetic Co., Ltd., PHB Ethical Beauty, Saaf SkinCare, One Pure, Sampure Minerals, Amara Cosmetics, Wardah Cosmetics, Inika, Clara International, Prolab, and IBA Halal Care. These players are observed engaging in activities aimed at the development of new products.

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Surgical Dressing Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

 The global surgical dressing market is expected to reach USD 5.2 billion by 2025 with a CAGR of 5.2% from 2018 to 2025 according to a new report by Polaris Market Research. This traction in the market is due to the increase in different types of surgeries such as organ transplant surgeries, cardiovascular surgeries, and other surgeries.

Along with the increased surgeries, the increasing implementation of the Ambulatory Surgery Centers (ASCs) in both developed and developing nations have benefitted this market. These ASCs carry out different surgeries such as urology, orthopedics, reconstructive and gastro intestinal related surgeries, which demand surgical dressing products.


The major driving factor for this market is the increase in the cardiovascular diseases due to changing lifestyles. It is estimated that by 2020 the cardiovascular diseases (CVDs) would account majorly for health issues of people in the developing countries such as India, China, Malaysia, in the Asia-Pacific region. Similarly, in developed countries such as US and other major countries from Europe, majority of the people suffer from CVDs. This surge is pushing the market for Surgical Dressings.
  
The another key driver for this market is the increased disease burden of Cardiovascular Diseases (CVD) and the resultant surgeries for the treatment or management of the disease. It was estimated by the American Heart Association (AHA) that 92.1 million adults in the U.S. would suffer from at least one type of CVD by 2017.

The surgical dressing market is segmented on the basis of product type, application and end-user. On the basis of product type, the global surgical dressing market is segmented into Primary and secondary dressings, among this, primary dressing market is estimated to hold the largest market share in 2017.

On the basis of application, there are various applications for surgical dressings and the application type segment is further broken down into Diabetes based surgeries, Ulcers Surgeries, Burns Surgeries, Transplant Surgeries, Cardiovascular Diseases (CVD) based surgeries, and others. The CVD based surgeries is the fastest growing segment with a growth rate followed by the transplant surgeries and diabetes related surgeries.

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Surgical dressings market is further categorized into by end-user which include hospitals, home healthcare, ambulatory centers, specialty clinics and others. It is estimated that the hospital segment has the largest market share during the forecast period, however, the ambulatory centers is growing with the highest growth rate. The major reason for this traction is due to the increasing adoption of ambulatory centers in the developed and developing regions.

The major players in the surgical dressing market include companies such as 3M, Smith & Nephew, Advancis Medical, Medline Industries, BSN Medical, ConvaTec, Acelity, Medtronic, Alliqua Biomedical, Coloplast, and Mölnlycke Health Care AB.

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We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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Monday, 23 March 2020

Food Service Equipment Market is anticipated to reach USD 62 billion by 2026


The Global Food Service Equipment Market is anticipated to reach USD 62 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the cooking and food & beverage preparation equipment segments dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The significant increase in food establishments, and the growing hospitality industry are the major factors driving the growth of the Food Service Equipment market. The changing lifestyles and increasing disposable incomes are leading to higher instances of dining at restaurants and living at hotels and resorts. The growing demand for affordable and energy efficient equipment supports the growth of the market.
Hotels and restaurants are increasingly adopting technologically advanced food service equipment for performing kitchen activities efficiently and offering enhanced services to consumers. Restaurant businesses prefer compact and space efficient equipment, which encourages market players to launch new products in the global market. Increasing spending on the hospitality sector, and tourism activities encourage restaurant owners to improve their infrastructure and offer enhanced services. Moreover, the Food Service Equipment market is also driven by increasing need to use food service equipment that consume less energy and provide faster kitchen services. Growing concerns regarding environment and increasing adoption of energy efficient food service equipment are expected to offer numerous growth opportunities in the future. However, high costs associated with food service equipment, and high installation prices restrict the growth of the Food Service Equipment market.
The North America Food Service Equipment market generated the highest revenue in the market in 2017, and is expected to lead the global market during the forecast period. The high living standards along with high disposable income in the region drive the market growth. Other factors supporting market growth in North America include growth in tourism industry, increasing awareness regarding energy efficient equipment, and growing adoption of smart technologies. The Asia-Pacific Food Service Equipment market is expected to grow at a significant rate during the forecast period owing to the increasing population and improving living standards.
The different end-users of food service equipment include hotels and clubs, full service restaurants, quick service restaurants, and others. In 2017, hotels and clubs accounted for the highest market share owing to increasing need to offer enhanced services to consumers. Hotels and clubs are increasingly adopting technologically advanced food service equipment to meet high storage demands and to offer fresh & high quality food. Food establishments are also inclined towards using energy efficient service equipment owing to growing environmental concerns.
The leading companies profiled in the Food Service Equipment market report include Dover Corporation, Haier Electronics Group Co., Ltd., Duke Manufacturing Co. Inc., Illinois Tool Works (ITW) Inc., Fujimak Corporation, Duke Manufacturing Co. Inc., Ali Group, Hoshizaki Corporation, Middleby Corporation, Manitowoc Company Inc, and AB Electrolux among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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Mining Equipment Market Growth, Size, Analysis, Outlook by 2026

The global Mining Equipment Market is anticipated to reach USD 121.4 million by 2026 according to a new research published by Polaris Market Research. In 2017, the surface mining equipment segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global mining equipment market.
The rapid growth in the demand for metals and minerals majorly drives the growth of this market. Growing usage of resources such as coal and petroleum supports the market growth. The decreasing ore grades further accelerates the adoption of mining equipment. However, high initial investment costs associated with mining equipment, and strict government regulations limit the growth of the market. New emerging markets, and technological advancements would provide growth opportunities for mining equipment market in the coming years.
Asia-Pacific accounted for the highest share in the global mining equipment market during the forecast period. A significant growth in the emerging economies of China, Japan, India, and Australia among others drives the growth in this region. Increasing demand for petroleum and coal resources in the region, along with rising industrialization in developing countries of this region augment the market growth in the region. Leading global players are expanding their presence in developing nations of India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.
The various applications of mining equipment include metal mining, mineral mining, coal mining, and others. The metal mining equipment segment is expected to lead the mining equipment market during the forecast period owing to increasing demand from emerging economies. The increasing demand for metals such as silver, gold, platinum, and copper for various applications has increased the demand of mining equipment in this application. Use of precious metals such as gold and platinum in jewelry and ornaments has supported the growth of the market.  
The well-known companies profiled in the global mining equipment market report include Komatsu Ltd., Caterpillar Inc., Hitachi Ltd., AB Volvo, Liebherr Group, Caterpillar Inc., Atlas Copco AB, China Coal Technology and Engineering Group Corp., Joy Global Inc., Metso Corporation, Sandvik AB, and Northern Heavy Industries Group Co. Ltd among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.\
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Epoxy Adhesives Market size is expected to reach USD 11,631 million by 2026


The global Epoxy Adhesives market size is expected to reach USD 11,631 million by 2026 according to a new study by Polaris Market Research. Epoxy is increasingly being used as a structural adhesive across diverse industries. Epoxy adhesives offer high shear strength while bonding efficiently to a wide range of substrates such as wood, glass, and metal. These adhesives provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength. Epoxy adhesives can be altered and modified to deliver a wide range of properties and offer customized solutions in the market. Toughened epoxy adhesives are being used in automotive, construction, and aerospace industry owing to need for greater strength and chemical resistance.

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The different types of epoxy adhesives include One-Component, and Two-Component. The demand for one-component epoxy adhesives is expected to increase significantly during the forecast period. One-component epoxy adhesives are cured at temperatures between 250-300°F, which offers superior adhesion properties, high strength, and greater environmental and chemical resistance. They are usually applied through trowel or extrusion by beads, and are capable of filling and sealing gaps between surfaces efficiently. Currently in the global Epoxy Adhesives industry, companies, manufacturers, private organizations are collaborating to expand and cater to wider applications and develop advanced technologies.

Asia Pacific dominated the global market in 2019 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector supports market growth in this region. Increasing applications in construction, defense and aerospace, and marine industries further increases the demand of epoxy adhesives in Asia-Pacific. Increasing demand for miniaturized and high performing electronics coupled with increasing awareness regarding adoption of electric vehicles fuels growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.


The market is characterized by established companies and large giants. Owing to technological advancements, and greater need to cater to customer requirements, companies are collaborating in order to strengthen market presence and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include DowDuPont, Sika AG, Huntsman Corporation, Ashland Inc., 3M Company, Lord Corporation, Illinois Tool Works Incorporation, Henkel AG, AdCo UK Limited, Benson Polymers Ltd, 3M Co., Adhesive Technologies Corp., H.B. Fuller, American Chemical Inc., DELO Industrial Adhesives, Collano Adhesives AG, and Alfa International Corporation among others.
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Digital Transaction Management Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts 2026


The global Digital Transaction Management (DTM) Market is projected to reach USD 10,528.2 million by 2026, according to a new research published by Polaris Market Research. Digital transaction management is method of transforming traditional document-based processes to digital/electronic platform. In 2017 the electronic signatures solution segment dominated this market and in terms of regions North America is observed to be the leading contributor in the global market.

This market is majorly strengthened by increasing importance and focus on cloud services and IT security. There is a strong preference in the banking and financial services industry for adoption of digital transaction management solutions due to changing customer requirement. Thus, steady flow in volume of transactions done via digital platforms such as e-wallets, internet banking, etc. presents transaction service providers with a genuine growth opportunity in the digital transaction management market. Furthermore, extensive adoption and acceptance of various electronic devices along with the convenience of usage and transacting through these devices is pushing enterprises in various industries towards digitally transforming their operations in line with the dynamic consumer requirements and preferences. All these factors are eventually expected to have a positive impact on the progress of digital transaction management market across the world.
The market segments for digital transaction management are based on solutions, industry vertical, end user, and region. The digital transaction management solutions segment includes market for electronic signatures, document digitization, workflow automation, and security & compliance sub segments. Electronic signatures segment is expected to dominate this market in terms of digital transaction management solutions. End user segmentation in the digital transaction management market report covers SMBs and large enterprises. Major industry verticals in this market include BFSI, construction & real estate, education, government, healthcare, and IT & Telecom.
North America is observed to be the leading region in this market during 2017, and is expected to lead the global digital transaction management market throughout forecast period. Presence of established players and cloud infrastructure in this region, and growing trend of investments in cloud-based services drive the market growth in the region. Also, the growing demand from banking sector due to its strong preference for digital platforms, and further technological advancements support market growth in this region.
Some of the leading companies operating in the Digital Transaction Management (DTM) market include DocuSign Inc., Fluix, Kofax Inc., Captricity, Box, Namirial Spa, ZorroSign Inc., Insight Enterprises Inc., AssureSign LLC, ThinkSmart LLC, eOriginal, Inc., Euronovate S.A., DocuFirst, OneSpan, HelloSign, Accusoft Corporation, Connective. These companies offer innovative solutions to meet the increasing needs and requirements of consumers from multiple industry verticals
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We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to market informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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