Tuesday, 21 April 2020

High Performance Composites Market to Receive Overwhelming Hike in Revenues by 2026

The global high-performance composites market size is anticipated to reach $42.18 billion by 2026, growing at a CAGR of 7.3% during the forecast period, according to a report published by Polaris Market Research.  The report ‘High-Performance Composites Market Size By Resin Type (High Performance Thermoplastic Composites (Polyether Ether Keton and Polyphenylene Sulfide)), By Fiber Type (Aramid Fiber Composites, Carbon Fiber Composites, S-Glass Composites and Others), By Application Type (Automotive, Defense & Aerospace, Construction, Medical and Others), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

The high-performance composites market is primarily driven by the tremendously growing demand from a wide range of end-use applications. Considerable growth of the commercial aircraft manufacturing segment has crucially boosted the demand of high-performance composites. One another potential driver for the market includes utilization of these composites in the manufacturing of wind turbines and pressure vessels.


The market is also subjected to some restraints including comparatively high production cost and labour-intensive operations. These restraints are anticipated to substantially affect the market in terms of volume especially during price sensitivity. High-performance composites are extensively used in the automobile sector, which is significantly a major goal for the carbon-fibre industry, however, the use of these composites in the production of motor vehicles has just reached an optimum level.

Aerospace industry has also been witnessed to be one of the most developed application segments for the market. This is due to the innovative mechanical properties, versatility, and most significantly the cost-effectiveness associated with these composite materials. Among the fibre-type, S-glass category includes the least cost and is also expected to witness a considerable growth in demand on account of crucial opportunities in aerospace, pressure vessels, wind energy, and manufacturing industry.


Commercial aerospace applications are the largest consumption sources for these products. These composites include a very high potential to meet the safety and power needs. Initially, boron-based graphite materials were used in the manufacturing of defence aircrafts wherein these are currently consumed in the manufacturing of commercial aircrafts only. High-performance composites are extensively used in automobile sector as these help in making the vehicles cleaner, lighter, safer and significantly cost-effective.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global High-Performance Composites Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

  
Competitive Landscape and Key Vendors
The global high-performance composite market constitutes numerous international and domestic players and is fairly concentrated. North America was the largest regional player in 2017. The U.S. has majorly contributed to the demand in the region for these high-performance composites and accounts for a maximum overall share concerning production & consumption especially in aerospace & defence industry. The automobile and construction industries are also potentially large application growth prospects for the market.

Some of the leading market plyers in the industry include BASF SE, Albany International Corporation, Teijin Ltd., Arkema SA, Owens Corning Corporation, Solvay S.A., TPI Composites, Inc., Hexcel Corporation, Koninklijke Ten Cate BV, Toray Industries Inc, and SLG Group – the Carbon Company.

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Energy Harvesting Equipment Market Globally Expected to Drive Growth through 2026

The Global Energy Harvesting Equipment market generated $372 million in 2017 and is anticipated to grow at a CAGR of 11.4% during the forecast period.

Energy Harvesting Equipment uses electrical energy present in the environment to power various circuits and appliances. Energy harvesting equipment is used to power electronics at locations with no conventional power sources, and in applications in remote locations, underwater, and other difficult-to-access locations. Some applications of energy harvesting equipment include remote corrosion monitoring systems, implantable devices and remote patient monitoring, structural monitoring, RFID, Internet of Things, and equipment monitoring among others.



The demand for energy harvesting equipment has increased over the years owing to growing environmental awareness among consumers. Rising energy costs, and depletion of traditional fuel sources has increased the adoption of energy harvesting equipment. The increasing need for energy efficiency, supportive government initiatives, and growing awareness regarding use of renewable energy sources supports the growth of the market. Growing demand from building and home automation and wearable electronics along with technological advancement and growing adoption of wireless sensor networks is expected to provide numerous growth opportunities in the coming years.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Energy Harvesting Equipment Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. North America generated the highest revenue in 2017 owing to introduction of supportive government regulations and growing awareness regarding environmental pollution. The increasing demand from building and home automation sector has accelerated the adoption of energy harvesting equipment in the region.


Competitive Landscape and Key Vendors
The global Energy Harvesting Equipment market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the report include Fujitsu Limited, GreenPeak Technologies, ABB Limited, Texas Instruments Incorporated, Microchip Technology Inc., Siemens AG, Arveni SaS, Cymbet Corporation, Honeywell International Inc., and Enocean GmbH.


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Air Compressor Market Growth Opportunities Estimated to be Experienced 2020-2026

According to a new research published by Polaris Market Research the air compressor market is anticipated to reach over USD 45.6 billion by 2026. In 2017, the stationary air compressor 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 applications of air compressors in industries such as healthcare, construction, mining, automotive, and oil & gas among others are expected to support the growth of this market. Other driving factors include high energy efficiency, low maintenance cost, environmentally friendliness, portability, ability to deliver variation in supplied pressure. The increasing awareness regarding use of energy efficient compressors would boost the market growth during the forecast period. However, rising cost of raw material, noise pollution, and contaminated compressed air hamper the growth of the market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.


Air compressors are used to power a variety of equipment in diverse applications such as automated tools, spray painting equipment, material handling and separation equipment. There has been an increasing demand of energy efficient air compressor over the years. Use of energy efficient air compressors helps in conserving electricity and reducing costs. Thus, launch of energy efficient air compressors by leading players in the market would provide growth opportunities in the market.

Turbocor and thermoacoustic are some emerging technologies in the air compressor segment. Compressors based on turbocor technology offer an oil free design with comparatively lesser moving parts, and deliver high performance and reliability. Thermoacoustic compressors utilize a thermoacoustic engine and a positive displacement reciprocating compressor. These upcoming technologies along with research and development would provide new opportunities in the air compressor market.

  
Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, agriculture, construction, and automotive, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support market growth in the region.

The different types of air compressors include stationary, and portable. In 2017, the stationary segment accounted for the highest market share. The stationary air compressors have higher capacity with large tank sizes, enabling them to operate with high-power motors. These air compressors are suitable for heavy industrial applications. They are widely used in industries such as automobile, mining, manufacturing, construction, and others. Oil lubricated air compressors, which support the heavy duty applications, are commonly used for stationary air compressors.

The well-known companies profiled in the report include Sullair, LLC, VMAC Company, Mitsubishi Heavy Industries Ltd., Atlas Copco, Ingersoll Rand Inc., Kobe Steel, Bauer Group, GE Energy, Hitachi Industrial Equipment Systems Co., Ltd., Oasis Manufacturing, Rolair Systems, and Kaeser Compressors 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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Ultracapacitors Market Incredible Possibilities, Growth Analysis And Forecast To 2026

The global ultracapacitors market is anticipated to reach USD 8,017.7 million by 2026, according to a new research published by Polaris Market Research. Asia-Pacific is expected to grow at the highest rate during the forecast period.

The diverse applications of ultracapacitors in industries such as healthcare, automotive, and consumer goods among others are expected to support the growth of the ultracapacitors market. Other driving factors include rising demand for ultracapacitors in electric vehicles, growing use of smart meters, and rising awareness regarding use of efficient energy storage devices. However, high production costs hamper the growth of the ultracapacitors market. Growing demand from emerging economies, growing adoption of electric vehicles, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.


The growing adoption of electric vehicles, and increasing modernization of vehicles is expected to support market growth of the ultracapacitors market. The increasing requirement to reduce vehicle emissions and global carbon footprint drives the demand for electric vehicles. Use of electric vehicles offer benefits such as low maintenance costs, reduced harmful vehicle emissions, while providing comparable power. 
  
Asia-Pacific is expected to grow at the highest rate during the forecast period owing to the presence of emerging industries such as healthcare, agriculture, construction, and automotive. The increasing use of ultracapacitors in consumer electronics, and electric vehicles, substantial initiatives in research and development, and increasing awareness regarding energy efficiency drive the market growth. Rapid industrialization and growth of manufacturing industry further support market growth in the region.


The key players operating in the ultracapacitors markets include Maxwell Technologies, Skeleton Technologies, Nippon Chemi-Con Corporation, CAP-XX, Supreme Power Solutions Co. Ltd, VINATech Co.,Ltd., NEC-TOKIN, LS Mtron, Nesscap, and Ioxus 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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Over The Top Video Market to Receive Overwhelming Hike in Revenues by 2026

The Over-The-Top Video Market is anticipated to reach around USD 94.3 billion by 2026. In 2017, the AVOD segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global over-the-top video market revenue during the forecast period.

The growing penetration of broadband infrastructure, and increasing adoption of device-based computing have boosted the adoption of OTT Video. over-the-top video market growth is also influenced by the increasing penetration of mobile devices and other connected portable devices. Moreover, development of new apps, features and independent platforms for OTT content has driven the over-the-top video market. OTT video services enable consumers to stream live content, download videos and movies, thereby increasing its popularity.  Increasing disposable incomes, and growth in media & entertainment industry further support the growth of this market. Availability of low cost OTT video services and rising need for a personalized experience has accelerated the adoption of OTT Video. Increasing investments by vendors in technological advancements coupled with increasing demand from emerging economies further boost the market growth.


North America generated the highest revenue in the market in 2017, and is expected to lead the global over-the-top video market throughout the forecast period. The high disposable incomes in the region, and growing media and entertainment industry drive the market growth in the region. There has been a significant increase in the consumption of online video content in the region. Favorable government regulations in the region boost the market growth in the region. Local players are introducing low cost OTT Video 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 OTT Video markets of the North American region.

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The major companies operating in the over-the-top video market include Microsoft Corporation, Yahoo Inc., Amazon.com, Google Inc., Netflix Inc., Roku, Inc., Hulu, Apple, Inc., Akamai Technologies, Facebook, Inc., Limelight Networks, Inc., and Tencent 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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Computer Aided Engineering Market to Receive Overwhelming Hike in Revenues by 2026

According to a new study published by Polaris Market, the global Computer Aided Engineering Market is anticipated to reach USD 11.86 billion by 2026. The increasing penetration of smartphones and tablets are the major factors driving the demand for CAE software. The developing economies worldwide are witnessing high increase in the demand for consumer electronics owing to rising affordability of the people. Further, augmented use of modern engineering modes including, 3D printing, building information modeling, concurrent engineering, and 3D modelling are bolstering the computer aided engineering market growth for CAE software worldwide. However, factors such as piracy of CAE software as well as rising open-source threat are hampering the market growth to certain extent. Also, inadequate technical expertise and lack of skilled labor in several countries globally is restricting the growth of the computer aided engineering market.

Some of the key players operating in the computer aided engineering market includes Casio Computer Co., Ltd., BenQ Corporation, Dell Technologies, Inc., Seiko Epson Corp., NEC Display Solutions, PLM Software, Inc., Dassault Systemes, Exa Corporation, ESI Group, and Numeca International among others.




On the other hand, cloud-based CAE tools helps the vendors to escalate market penetration in small as well as medium sectors by providing advantages such as reduced maintenance costs and operating costs as well as mobility of the companies. Further, CAE software plays a significant role in the economic growth of several industries including aerospace & defense, automotive, finance, oil & gas, and healthcare among others.
  
During the past few years, a trend has been noticed in the CAE software marketplace. The players operating in the computer aided engineering market are entering into partnerships as well as mergers & acquisitions between the CAE providers and resellers. This has resulted in increased presence of value-added resellers in large number, which is further acting as a driver to boost computer aided engineering market growth. CAE software offers broad application range as well as supports various tasks including, analysis, simulation, validation, and manufacturing of engineering products. Although, CAE software is an analysis and troubleshooting tool, several critics claims that there is a delay in the accurate results, which acts as a hindrance to the market growth. Also, due to availability of open-source solutions, companies often avoid to make investments in attaining commercial licenses of CAE solutions thus, further restraining the CAE software market growth. Moreover, increasing computational fluid dynamics adoption that facilitates in reducing electric vehicles costs as well as forecast of thermal conditions, is anticipated to propel the growth of the computer aided engineering market during the coming years.

 Do you have questions or special requirements? Ask our industry experts: https://www.polarismarketresearch.com/industry-analysis/computer-aided-engineering-market/speak-to-analyst

On the basis of geography, Europe is anticipated to account for the major share of the computer aided engineering market in terms of revenues, followed by North America. Also, Asia Pacific computer aided engineering market is expected to demonstrate high growth during the forecast period. The presence of strong automotive industry in Europe and consumer electronic industry in developing nations of Asia Pacific are the factors influencing market growth for computer aided engineering. Further, governments of the developing nations of Asia Pacific region are encouraging the growth of their manufacturing sector by providing funds, subsidies, and tax benefits in order to boost their economic growth. This is anticipated to support the market growth owing to constant increase in the manufacturing sector. Some of such initiatives include Make in India as well as Made in China 2025. Also, automation of industrial equipment is rising at a very high pace, which is likely to bolster the computer aided engineering market growth. Moreover, constant increase in the labor costs worldwide is encouraging the adoption of equipment automation by the manufacturing industries thereby, positively influencing the market growth.


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Monday, 20 April 2020

Connected Worker Market Future Forecast Indicates Impressive Growth Rate

The global Connected Worker market size is expected to reach USD 9,998.4 million by 2026 according to a new study by Polaris Market Research. The report “Connected Worker Market Share, Size, Trends, Industry Analysis Report By Component; By Technology (RFID Location Triangulation, Wi-Fi, Cellular, Bluetooth, Low-Power Wide-Area Network (LPWAN), Wireless Field Area Network (WFAN), and Zigbee); By Deployment; By End-user (Manufacturing, Construction, Mining, Oil & Gas, and Others); By Regions, Segment Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

In 2019, the hardware segment accounted for the highest segment for the Connected Worker hardware market share in terms of revenue. In terms of software, workforce analytics for connected worker is anticipated to grow at a CAGR of 20.7% from 2020 to 2026 followed by workforce task management. The RFID location triangulation segment is expected to grow to USD 2.90 billion by 2026. In terms of regional market,  Asia-Pacific is expected to grow at a CAGR of more than 22% however Europe and the North American region are expected to be the largest markets for connected workers in 2019.


The increasing safety concerns, and stringent regulations regarding workforce safety majorly drive the market growth. The growing adoption of IoT, increasing broadband internet penetration, use of smartphones, and an increasing proportion of technologically inclined consumers further support the growth of the smart worker market. The growing need to streamline operations to improve productivity and safety would increase the adoption of connected worker during the forecast period. Other driving factors include technological advancements, increasing need for collaborative working environment, growing demand for mobility, and increasing requirement to improve workforce productivity and safety.

The connected worker ecosystem tracks the movements and progress of workers through planned and unplanned tasks. The devices record video and audio from the worker’s environment, sense environmental conditions such as the presence of gas, temperature, and vibration, and detect falls and other incidents, thereby improving workforce safety. Wearable technologies are also integrated with displays and augmented reality applications for the delivery of guidance, information and insights to workers, thereby boosting their reliability, productivity and safety.

 Do you have questions or special requirements? Ask our industry experts: https://www.polarismarketresearch.com/industry-analysis/connected-worker-market/speak-to-analyst
  
Connected technologies used in the connected worker ecosystem reduce skills gaps by providing on-the-job guidance for routine procedures. Plant supervisors and managers use connected worker ecosystem for effective route and task planning for current and emerging operational situations. It also offers improved communication and collaboration among workers facilitating capture and sharing of knowledge to increase productivity and efficiency.

North America generated the highest market share in terms of revenue in 2019 with the revenue of USD 992.2 million and is expected to lead the global Smart Worker market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of BYOD has accelerated the Smart Worker market growth in the region. The growing demand of mobile devices, automation of tasks, increasing safety concerns, and technological advancements generate numerous opportunities for the Smart Worker market.

The well-known companies profiled in the report include the 3M Company, Intel, Wipro, Honeywell International Inc., Fujitsu Ltd., Zebra Technologies, Accenture, Oracle Corporation, Wearable Technologies Limited, Avnet, Inc., Vandrico Solutions Inc., and Smart Track S.R.L. 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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Sunglasses Market 2020 Global Demand, Industry Growth, In-depth Analysis and Opportunities till 2026

The global Sunglasses market size is expected to reach USD 27.72 billion by 2026 according to a new study by Polaris Market Research. The report “Sunglasses Market Share, Size, Trends, Industry Analysis Report By Product (Polarized, Non-Polarized), By Material (CR-39, Polycarbonate, Polyurethane, Others), By Channel (Online, Offline), By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Demand for sunglasses has led to the need for reduced dependency on spectacles and uptake of contact lenses. Therefore, growing awareness among the general population regarding the importance of protecting the eyes is the key driving force for the market. Sunglasses exhibit the highest growth rate, which is a direct result of burgeoning prices, especially in the high-end segment of the market. The expected increase in the demand of sunglasses for health, lifestyle, and cosmetic purposes is also expected to drive the market.

Companies such as Luxottica Group S.p.A., Prada SPA, Safilo Group S.p.A, Fielmann AG, De Rigo SpA, Kering SA, Capri Holdings, LVMH, Marcolin S.p.A, and Maui Jim are some of the key players operating in the market.


The average selling price of sunglasses is expected to be highest in the Europe, which is expected to drive the revenue in this market. Due to the dominant presence of major players of the market in Europe, there exists higher brand awareness and thus higher demand for the high-end sunglasses sector. This can be attributed to increasing awareness regarding eye healthcare and a trendsetting consumer base backed by abundant disposable incomes.
  
Increasing purchasing power backed by rising disposable incomes among the consumers across various regional markets is expected to drive the demand for sunglasses across the global market. Growing income level and households in the middle class have led to increased aggregate disposable income in developing regions.

Additionally, the proliferation of the internet and online retailing services is expected to positively impact the market. The Japanese market is characterized by growing demand for online purchase of sunglasses. However, growth in internet retailing has resulted in low product prices and thus has adversely affected the revenue streams. Growing purchase volumes of sunglasses are expected to curb the impact of this trend over the next seven years. High scope for penetration in this sector is expected to be an opportunity for industry participants.

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Independent retailers and stores are businesses under private ownerships. These are usually single-store operations and offer both high risks and high rewards for the store owner. Major sunglasses vendors and brands give away franchising rights to individuals or enterprises willing to open up independent stores for a specific brand, retailer, or vendor for a certain royalty or franchise fee to be given to the sunglasses manufacturer.

Manufacturers have also made available prescription eyewear and sunglasses across several regions to grow their customer base. However, there lies a strong belief among consumers that sunglasses sold at certain drugstores are not customized and not in accordance with the prescription, due to which they do not focus the images but rather make them appear larger, thus costing significantly lesser.


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Organic Cereals Market Latest Trends, Global Demand, Industry Growth, In-depth Analysis and Opportunities till 2026

The global Organic Cereals Market is anticipated to grow at a CAGR of 9.2% during 2019-2026 according to a new research published by Polaris Market Research. In 2018, the breakfast cereal segment accounted for the highest Organic Cereals market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Organic Cereals market revenue in 2018.

The obese and geriatric population is increasing worldwide, promoting the growth of the Organic Cereals market. The sedentary lifestyle is encouraging consumers to adopt organic cereals to stay healthy, and gain necessary nutrients. Increasing disposable incomes in developing countries, rising awareness about health benefits of organic cereals, and growing presence of fitness centres further foster the Organic Cereals market growth. Leading global players are expanding their presence in developing nations of China, japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.


Health problems such as diabetes, cardiovascular diseases, cancer and others have increased significantly in the developed economies in past few years. Increasing incidences of health disorders have resulted in increased awareness regarding healthy eating habits. Health and fitness consciousness has also increased among consumers in countries such as China and India due to improving lifestyle and changing food habits. Consumers are more aware regarding their nutritional intake, and benefits of organic products, thereby accelerating the Organic Cereals market growth. Leading players in the market are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns.
  
Asia-Pacific generated the highest Organic Cereals market share in terms of revenue in 2018, and is expected to lead the global Organic Cereals market throughout the forecast period. The growing population, rising disposable incomes, and increasing health awareness has increased the adoption of Organic Cereals market growth in the region. The increasing awareness regarding wholesome living coupled with sedentary lifestyle of consumers drives the Organic Cereals market growth. The growing middle-aged and elderly population accounts for more than half of organic food in China.


The well-known companies profiled in the Organic Cereals market report include Kellogg Co., Cereal Partners Worldwide, General Mills, Organic India Pvt. Ltd., Hain Celestial Group Inc., The Kroger Co, PepsiCo Inc., Post Holdings Inc., Medifast, Inc., and EcoFarms (India) 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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