Thursday, 25 June 2020

Traffic Road Marking Coating Market Growth and Analysis by 2020-2026 with Profiling Players

The global traffic road marking coating market was valued at USD 4,012 million in 2017 and is anticipated to grow at a CAGR of 6.2% during the forecast period. The Report “Traffic Road Marking Coating Market [By Product Type (Thermoplastic, Paint, Preformed Polymer Tape, Others); By Region]: Market size & Forecast, 2017 – 2026”


The rapid increase in traffic congestion across the globe majorly drives the growth of this market. Growing concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. There has been an increasing construction of roads, especially in the developing regions of Asia-Pacific and Latin America, which further augments the growth of this market. Introduction of organic road marking coatings along with increasing awareness regarding the use of environment friendly marking materials would provide growth opportunities for traffic road marking coating market in the coming years.

 The well-known companies profiled in the report include : Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd., Crown Technology LLC, and WJ Products 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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Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increase in construction of roadways in the developing countries of Asia-Pacific. The increasing need to improve infrastructure is increasing the demand of traffic road marking coating in the region. Governments in the region are increasingly investing in the development of roadway infrastructure, augmenting the market growth. Growing concerns regarding road accidents, and rising need to control them further promotes the growth of this market. 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.
  
The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the market during the forecast period owing to its increasing demand from the developing regions. Use of paint is generally preferred owing to its easy availability and ability to dry at a faster rate. Thermoplastic is expected to grow at the highest CAGR during the forecast period.

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Herbal Medicine Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2026

The global Herbal Medicine market size is expected to reach USD 411.2 billion by 2026 according to a new study by Polaris Market Research. The report “Herbal Medicine Market Share, Size, Trends, Industry Analysis Report By Category (Pharmaceuticals, Functional Foods, Dietary Supplements, Beauty Products); By Form (Tablets & Capsules, Powders, Extracts, Syrups, Others); By Source (Leaves, Roots & Barks, Fruits, Whole Plants, Others); By Distribution Channel (Hospitals & Retail Pharmacies, E-commerce); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing government support and funding amount for research and innovation is driving the market growth. Various factors such as low cost of the products, very less or no side effects of herbal medicine, rising usage by the global population and ease of availability will further aid in market growth over the forecast period.


Plant-based medications are the common treatment source for curing various diseases. According to the National Center for Biotechnology Information, between 70% to 80% of the population across the globe preferred traditional drugs for their treatment. Additionally, it has reported that consumer spending on conventional drugs increased to USD 7.5 billion. This rising demand will further boost the industry growth between 2020 and 2026.

Herbs and plant-based products can be consumed in multiple ways such as tablets & capsules, powders, extracts, syrups and used as oil, ointments, etc. The tablets & capsules form is expected to witness high growth rate between 2020 and 2026. These traditional products are produced from the fruits, leaves, roots, stalk, cloves, etc. Few products that are used to produced herbal medicines are Milk thistle (fruit), Garlic (cloves, root), Echinacea (leaf, stalk, root), Chamomile (flower), etc.  Availability of these products across the globe makes it an easily available raw material to produce the drugs. When it comes to herbal medicine, leaves are predicted to hold considerable market share during the study period.

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E-commerce distribution channel segment will generate higher revenues by 2026 due to increasing awareness, growing usage of smart phones & internet, large coverage areas and providing products at lower costs. Additionally, in 2019, herbal pharmaceuticals segment held a major share in the overall market. This high market share can be credited to rise in ageing population coupled with increasing consumer awareness.

Asia Pacific herbal medicine is estimated to face significant growth rate over the forecast timeline. According to the World Health Organization, both China and India are investing heavily in research and advancement of better drugs originated from herbs and plants. Presently, North America and Europe hold significant market share. Rising governmental support along with increasing prevalence of chronic diseases is predicted to fuel the region’s market size. Higher predilection for plant-based medications and increasing funding amounts for research and innovation in medicinal herbs and plants is projected to boost the regional industry size.


Major global players are Schaper & Brümmer, Hishimo Pharmaceuticals, Himalaya Global Holdings Ltd., Venus Pharma GmbH, Patanjali Ayurved Ltd, Blackmores Ltd., Dasherb Corp, Bayer AG, ZeinPharma Germany GmbH, Arizona Natural Products, Dr. Willmar Schwable India Pvt. Ltd., BEOVITA, Dabur, and Arkopharma. The industry participants are focusing on product enhancement and global expansions. For instance, in November 2016, Arkopharma acquired DISTRIFA to broaden business expansion in Iberian Peninsula region.


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Hand Sanitizer Market 2020 | Gojo Industries, Inc., Vi-Jon, Inc., Nice Pak, EO Products, Edgewell Personal Care, KAS Direct, LLC

The report “Hand Sanitizer Market by Product Type (Gel, Liquid, Foam and Spray); By Distribution Channel (E-Commerce, Hospital Pharmacies, Retail Suppliers, Supermarket and Others); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth. The global hand sanitizer market size is expected to reach USD 17.2 billion by 2026 according to a new study by Polaris Market Research. 

The market for hand sanitizers has gained a sudden momentum due to the COVID-19 pandemic which is spread across the globe. World Health Organization has already mentioned in its advisory the importance of usage of hand sanitizers during these days and due to this the governments across the globe have made it mandatory the usage, which has pushed the market for these handrubs. There has been a sudden surge in the demand for all types of sanitizer and some countries which are developing are also facing shortage.   

Hence many manufacturing industries are striving their best to distribute hand sanitizer in the marketplace. Governments are also encouraging its usage, thereby increasing its demand. The World Health Organization (WHO) has also recommended its usage at home, healthcare institutions as well as in all industries, offices, etc. to face the outbreak COVID-19. These new norms have enormously pushed the market and has gained an unprecedented traction in 2020.


These sanitizers are majorly of two types which include alcohol or non-alcohol-based sanitizer. There has been a major demand for alcohol-based hand sanitizers. These sanitizers are mainly relevant within the liquid handrub, gel-based handrub, foam-based, and spray-based hand sanitizer for killing diseases. Based on the current scenario, the government and other private institutes are also implementing sprinkler-based sanitization systems, especially in the infected areas. 

The players are who helping the health care sectors are Gojo Industries, Inc., Vi-Jon, Inc., Nice Pak, EO Products, Edgewell Personal Care, KAS Direct, LLC, 3M Company, Best Sanitizers, Inc., Byotrol plc, Chattem, Inc., Henkel AG & Co. KGaA, Lion Corporation, Medline Industries, Inc., Procter & Gamble Co., Reckitt Benckiser Group plc, SC Johnson & Son, Inc., Deb Group Ltd., Skinvisible, Inc., The Clorox Company, Unilever plc, Godrej Consumer Products Ltd, Zep, Inc., The Himalaya Drug Company and others across the global market. The most important share hand sanitizer in the global market are launching product, marketing, acquisition to encompass the consumer to increase the selling percentages of strategies to preserve and capture the hand sanitizer market.

This report focuses on the upward push in the amalgamation of distribution of handrub by the means of e-commerce and hospital pharmacies. It also focuses on the trends in the healthcare industry for using the alcohol based liquid hand sanitizer to eliminate the chances of getting infected. The report analyzes on how the availability of hand sanitizer has raise the competition and price attrition of handrub.

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Based on region, the global handrub industry has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2020, North America region is expected to dominate the market in terms of quantity on account of the higher number of COVID-19 cases and production of handrub. Moreover, Asia-Pacific is the largest producer of liquid hand sanitizer for the consumers and is expected to grow in the global market in 2020. The volume and value of these products are expected to increase due to the demand for the handrub in the region in the coming years majorly because of the pandemic. Moreover, majority of the population in the Asia Pacific region is now more aware about the benefits of the usage of handrubs and sanitizers due to the current pandemic. This would in turn benefit the market in the APAC region.

On the basis of product type, liquid hand sanitizer has gained the popularity related to minimize the risk of the transmission of infectious disease. Handrubs are assisting the health care sectors primarily in stopping supply of such transmission diseases while maintaining contact with the patients’ or personal with each other while functionalities of the healthcare workers. Liquid hand sanitizer along with other alcohol based sanitizers and chemicals can also be used to disinfected masks, hands or the contaminated area to minimize the transmission cases of infectious diseases such as COVID-19, thus creating an opportunity for this market.

The European marketplace is projected to preserve a steady growth revenue over the forecast period. Hand sanitizer encompassed with the Himalayan Drug Company trying to make contemporary sensing in the health systems and witness to expand the adoption of using hand sanitizer in Europe, which has greatly aided to decrease the infection in the polluted places.

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Wednesday, 24 June 2020

Passenger Drones Market to Surge at a Robust Pace in Terms of Revenue Over 2026

The global passenger drones market is estimated to reach USD 1,419.5 million by 2026 growing at a CAGR of 29.5% during the forecast period, according to a new study published by Polaris Market Research.

Passenger Drones are move people for short to medium distances. Being capable of vertical takeoff and landing (VLOT), these can replace driving on roads in cities. Passenger Drones will solve the problem of transport during peak travel time and overcoming obstacles like bridges or lakes. Not just daily commute, passenger drones can be of great significance in adversities and be used for rescue, search operations, emergency supply delivery or air ambulance.


The growing need for cheaper, faster and cleaner transport is increasing the demand for transport alternatives. The increasing demand for intelligent technologies that reduce emissions and offer higher energy efficiency play a key role in the passenger drone market growth. The increasing penetration of mobile devices and technological advancements in components such as camera, mapping software, and others are expected to further support passenger drone market growth.

The decline in drone costs and technological advancement is encouraging significant investments in the technology. The growing urban population and their aspiration to avoid traffic congestion will further push the passenger drone market growth during the forecast period. However, safety, security, and privacy concerns restrict the market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.


Europe generated the highest revenue in the market during 2017. The increasing population, and growing need for efficient travel options drives the growth of this market. Presence of key players in the region, significant investments, and increasing technological innovation further support the market growth.

The different components used in passenger drones include hardware, software, and services. In 2017, the hardware segment accounted for the largest share in the global market. The hardware used in passenger drones include technologically advanced cameras, navigation systems, frames, controllers, propulsion systems, and others.

The well-known companies profiled in the passenger drones market report include Ehang, Volocopter GmbH, AeroMobil, Joby Aviation, Uber Technologies Inc., Boeing, Airbus S.A.S., Astro Aerospace, Cartivator, Lilium, and Terrafugia among others. These companies are consistently launching new products to enhance their offerings in the passenger drones industry. With the advancement of technologies, companies are innovating and introducing new solutions to cater to the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their offerings to improve their market reach

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Aircraft De-icing Market Outlook, Development Status, Key Players and Forecast to 2026

The global Aircraft De-icing market is estimated to reach USD 1,571.1 million by 2026 growing at a CAGR of 6.1% during the forecast period, according to a new study published by Polaris Market Research. 

The growing instances of flight delays during winters owing to snow, along with increasing safety concerns increase the demand for Aircraft De-icing solutions. The significant rise in air traffic across the world, coupled with regulations regarding aircraft operation support the market growth. The rising need to offer a comfortable and safe traveling experience to passengers boosts the adoption of Aircraft De-icing solutions. New emerging markets, technological advancements, modernization of old airports, and evolving regulatory mandates in several countries would provide growth opportunities for Aircraft De-icing industry in the coming years.


Type I de-icing fluids are water and glycol mixtures with a glycol content of at least 80%. They also contain a corrosion inhibition package. However, they offer limited protection against further icing due to freezing precipitation. Type I fluids are usually used in conjunction with Type II, or IV as part of a two-step de-icing procedure. Type II fluids contain at least 50% glycol, and usually contain pseudoplastic thickener system which additionally protects the aircraft against re-freezing due to its film-forming properties.

In 2017, North America accounted for the highest share in the global Aircraft De-icing market. The primary factors driving the market growth in the region include harsh weather conditions in winter season, technological advancements, and high investment in R&D. The introduction of regulations regarding safety and aircraft operation, along with rising air traffic boost the market growth in North America. The increasing concerns regarding safety, modernization of old airports, and technological advancements further increase the demand of Aircraft De-icing solutions in the region.


The well-known companies profiled in the report include BASF Corporation, Global Ground Support LLC, UTC Aerospace Systems, The Dow Chemical Company, Vestergaard Company A/S, Weihai Guangtai Airport Equipment Co, B/E Aerospace, Inc., Clariant AG, Kilfrost Corporation, and Honeywell International Inc. These companies are consistently launching new products to enhance their offerings in the Aircraft De-icing industry. 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.
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Japan Cancer Vaccines Market Historical Growth, Regional Trends, Forecast 2026

The Japan Cancer Vaccines market size is expected to reach USD 1,470.4 Million by 2026 according to a new study by Polaris Market Research. 
For several years now, Japan has been experiencing a boom in the incidence of cancer patients. Cancer is one of the major causes of death in Japan. As cancer prevention, the people in Japan mainly follow their traditional low-fat diet which has proven to be effective however, there are certain limitation to this as high salt in the Japanese diet can act as a potential risk for development of stomach cancer. Though Japanese government is promoting various new ways of prevention and treatment of the disease, implementation of cancer vaccines in the healthcare regime is a must and it is necessary for the government to take steps towards usage of these vaccines in Japan.

The primary factor driving the growth of this market in Japan is the growing rate of prevalence of incidence. According to the National Cancer Registry system, in 2016, around 995,132 new patients were diagnosed with cancer of which 566,575 were men and 428,499 were women. Each year, about 10,000 Japanese women are newly diagnosed with the disease while 3,000 die from it. With growing number of patients there is a rising need for a preventive measure that could help stabilize the increasing rate of incidence. Furthermore, growing government initiatives to generate awareness amongst people, and increasing research and development activities are also fueling the growth of this market in Japan.


For instance, in January 2018 the University of Tokyo signed an agreement with the Kanagawa Cancer Center in Yokohama and BrightPath Biotherapeutics for development of a personalized cancer vaccine using a novel method involving the body’s immune response. Furthermore, in February 2018, Japanese Patent Office issued a decision to grant a patent covering the use of cancer vaccine technology for the treatment of a range of cancers in humans and animals. Such initiatives and research activities are with an aim of improving the cancer vaccine product line in the Japanese market and thus, fuel the growth of this regional segment.

In 2013, HPV vaccines were added to the national vaccine program in Japan. The same year, several complains were registered proving the side effects associated with cancer vaccines in Japan. This was the major reason for the suspended its recommendation and usage in Japanese industry. Before the suspension around 70% of adolescent girls received the immunization as prevention from cervical cancer. However this number dropped to less than 1% after the health ministry suspended its active recommendation after reports of side effects including muscle pain, sleep disorders, and light and sound sensitivity. Furthermore, companies also restrict from opting to manufacture cancer vaccines as it is a time consuming process with high cost of development and initial setup. These and many such factors are expected to hinder the market growth of cancer vaccines in the Japanese industry during the forecast period.


Japanese government and many local and international companies are taking initiatives to develop the cancer vaccine industry in this region. In order to promote and develop regenerative medicine and cell therapy in Japan, the Act on the Safety of Regenerative Medicine and the Revised Pharmaceutical Affairs Law was enforced in November 2014. Also, Advanced Medical Care is accepted in Japan to evaluate a medical technology at one’s own expense, together with the National Health Insurance, at institutes and hospitals approved by the MHLW. The technological intervention includes regenerative medicine and immunotherapy, the safety and efficacy of which have not been established by previous clinical studies.

Furthermore, many companies are conducting clinical trials to develop and launch innovative vaccines that could help the cancer patients. Companies such as Cytlimic, Aduro Biotech, Oncolys BioPharma, and Otsuka are some of them who have initiated many projects focusing on enhancing their cancer vaccine product line. These initiatives have attracted international funding and thus has created significant growth opportunities for established and emerging players in the global and Japanese cancer vaccines market. The key players in the market include Aduro BioTech, Inc., Astellas Pharma, Inc., Bristol-Myers Squibb, tella, Inc., Oncolys BioPharma Inc., CYTLIMIC, Takeda Pharamceutical, and Takara Bio among others.


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Robotic Process Automation Market Outlook, Development Status, Key Players and Forecast to 2026

The robotic process automation (RPA) market size is anticipated to reach USD 8,781.2 million by 2026 growing at a CAGR of 29.5%. Requirement of businesses to eliminate human errors due to manual interference in processes along with reduction in time consumption are factors responsible for positively influencing the adoption rate of RPA technology.

Previously artificial intelligence and robotic process automation were largely considered to be different technologies. But, with advancements in the offerings it is observed these technologies are complimenting each other in terms of handling processes. It enables organizations in processing huge volumes of data and in providing support for better decision making. Cognitive computing which covers wide array of areas including adaptive learning, speech recognition, and pattern identification is integrated in robotic process automation (RPA) solutions to transform and automate crucial business processes of organizations across multiple industry verticals.


The major key players operating in the robotic process automation (RPA) market include Blue Prism Group Plc (UK), Celaton Ltd. (UK), Softomotive (UK), Kofax Ltd. (U.S.), Xerox Corporation (U.S.), Automation Anywhere Inc. (U.S.), Ipsoft, Inc. (U.S.), UiPath (U.S.), Verint Systems Inc. (U.S.), Pegasystems Inc. (U.S.), Redwood Software (Netherlands), Daythree Business Services sdn bhd (Malaysia), and Kryon Systems (Israel).


The potential of achieving robust ROI from deployment of RPA completely dependent on the organizational requirements and business processes which are to be automated. In the near future, the market is expected to witness growing base of RPA vendors as they target to gain revenue share from this expanding market. This is expected through introduction of solutions which will cater to the rising need to automate business process management processes. Furthermore, the adoption is expected to intensify as the prices of RPA deployment are continually witnessing a declining trend. Moreover, this technology adoption provides organizations the capability to accomplish better outcomes from their process with benefits including reduction in costs, improved accuracy, and better compliance.

However, factors like reluctance in the transition phase from conventional business process to automation along with shortage in technical expertise required during deployment and integration of RPA solution are challenges which might affect the growth in this market. roThis market report includes insights with market size and forecast by process, by operation, by type, by industry, and by organization size. Analysis for each region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) is provided for all segmentation of the robotic process automation market research report.


North America is expected to be largest regional market while Asia Pacific regional market is expected to witness significant growth during the forecast period of 2018 to 2026. The region’s leading position is attributed to significant demand and preference of the BFSI industry vertical towards automation of business processes. Furthermore, presence of established and major players in North America region and availability of infrastructure for effective adoption of RPA is another factor responsible for the boost in adoption of robotic process automation solutions.

European region is expected to witness growth in this market as the region has a presence of significant amount of companies in the manufacturing and logistics sector. Adoption of RPA technology provides the capability to streamline pickup and drop operations. This eventually leads to reduction in cycle time ultimately resulting in enhanced customer experience.


About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. 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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Healthy Snacks Market Development Factors, Latest Opportunities and Forecast 2026

The Report “Healthy Snacks Market [By Product Type (Dried Fruit Snacks, Meat Snacks, Cereal and Granola Bars, Nuts and Seeds Snacks, Others); By Distribution Channel (Offline, Online); By Regions]: Market size & Forecast, 2017 – 2026 “the Global Healthy Snacks Market is anticipated to reach around USD 40,699 million by 2026. In 2017, the cereal and granola bars segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global healthy snacks market.

The rapid increase in the obesity rate of the global population majorly drives the growth of healthy snacks market. Growing concerns regarding healthy eating habits and increasing disposable income in developing regions support the market growth. The consumers are increasingly consuming snacks with a high content of fiber, calcium, protein, whole grains, vitamins, and minerals. There has been an increasing demand of snack products, which enable consumers to maintain weight, provide nutritional requirements, and align with their health goals. Major factors for increased demand include an additional source of protein and other nutrients. However, the high costs of healthy snacks limit the growth of the market. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for healthy snacks market in the coming years.

Browse Research Report On Healthy Snacks MarketAnalysis: https://www.polarismarketresearch.com/industry-analysis/healthy-snacks-market/
            
Top Companies Player PepsiCo Foods, Nestlé S.A., General Mills, The Kellogg Company, The Kraft Heinz Company, Herbalife Ltd., Nutrisystem Inc., Mondelez International, Inc., Hormel Foods Corporation, Tyson Foods, Inc., Calbee Inc., and B&G Food Inc. among others.
Increasing incidences of health disorders related to obesity have resulted in increased awareness regarding healthy eating habits. The growing digitization and access of information has further increased consumer awareness. Health and fitness consciousness is also increasing in countries such as China and India due to improving lifestyle and changing food habits. Consumers are tracking their nutritional intake, and consuming healthy snacks, thereby supporting 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 is expected to grow at the highest CAGR during the forecast period. A significant rise in the obese population has been registered over the past few years in Australia, China and Japan among others. The obese and geriatric population is increasing in this region, increasing the demand of healthy snacks in the region. The sedentary lifestyle coupled with hectic work schedules is encouraging consumers to adopt healthy snacking options to meet their nutritional requirements. Increasing awareness regarding the health benefits of healthy snacks and rising disposable incomes in developing countries of this region augment the market growth in the region. 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.

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The various types of healthy snacks include dried fruit snacks, meat snacks, cereal and granola bars, nuts and seeds snacks, and others. The cereal and granola bars segment is expected to lead the market during the forecast period owing to increasing demand of on-the-go nutritious snacks. Additional features such as better taste and increased filling capacity further encourage its consumptions. These bars provide instant energy, thereby increasing its demand among sportsmen.


About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. 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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Tuesday, 23 June 2020

India Sugarcane Harvesters Market Global Demand, Industry Growth, In-depth Analysis and Opportunities till 2026

The India sugarcane harvester market size is expected to reach USD 350.04 Million by 2026 according to a new study by Polaris Market Research. The report “India Sugarcane Harvesters Market Share, Size, Trends, Industry Analysis Report By Type (Chopper Harvester, Whole Stalk Harvester), By Swath Width (Single Row, Multiple Row); By Product (Self- Propelled, Tractor Mounted), By Ownership (Owned, Leased/Hired), By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

India sugarcane harvester market is projected to witness a significant growth over the forecast period. Introduction of advanced machinery modified to suit Indian soil conditions is a major market driver. For example, to ensure unhindered visibility for the machine operator to ensure efficient performance, products having AC and dust proof cabins have been developed which integrate all the latest technologies to provide high comfort to the machine operator. Such trend of eliminating drawbacks has benefitted the overall market growth.


Regional governments have also taken steps to boost the setting up of Custom Hiring Service Centers to boost the usage of sophisticated farm equipment such as mechanized sugarcane harvesters. The government has expressed interest and issued directives in the setting up of 164 hobli level (village level) centers across 64 districts. For the year 2018-2019, the department of agriculture has already started the process to establish 310 custom hiring centers for the year 2018 to 2019 and has already sought budgetary provisions for the same. Maharashtra Government has also taken special and concentrated efforts to boost the usage of mechanized sugarcane harvesters in the state.

High cost is the only challenge posed by market participants. This factor is considerably restraining the overall market growth. On an average, these machines in India costs around INR 85 lakhs to INR 1.4 crore which is not affordable to a majority of sugarcane farmers across the country. However, development of indigenous products having low cost is expected to fuel the market growth.

Companies such as John Deere have introduced novel technologies in the market which are benefitting both the farmer and sugar factories alike. One such technology is the harvest monitor technology introduced by John Deere. The technology aids to gather and analyze information pertaining to harvest such as amount that has been harvested, percentage of trash, fuel consumption, and the overall productivity. This data is particularly useful to calculate the overall efficiency. The technology also helps to make informed decisions regarding water management, layout of crops, chemical usage among others.


Mechanical harvesters are proving to be a good solution to both farmers as well as sugar factories. If the overall labor requirement for sugarcane cultivation is considered, harvesting constitutes a large share. The job is tedious, requires great energy and is characterized by low pay thus resulting in labor shortage. However, this shortage of labor can be successfully bypassed by using these machines. Sugarcane factories particularly in West India have taken advantage of this scenario.

The India sugarcane harvester industry is highly consolidated and a majority of market share is occupied by three market participants namely, New Holland Fiat (India) Pvt. Ltd. (CNHI), Tirth Agro Technology Private Limited, and Deere & Company (John Deere India Pvt. Ltd.). The industry is characterized by high barriers to entry due to the huge initial capital investment required.

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Crawler Tractor Market 2020 Development Factors, Latest Opportunities and Forecast 2026

The global crawler tractor market size is expected to reach USD 3.94 billion by 2026 according to a new study by Polaris Market Research. The report “Crawler Tractor Market Share, Size, Trends, Industry Analysis Report By Type (Low HP, High HP); By Application (Agriculture, Construction, Mining, Forest, Other); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Elevated demand for advanced machinery, including agriculture, mining, forestry and construction, is driving the global market. In order to develop and improve the capacity and applications of present tractors, firms operating in this sector are conducting rigorous studies. Continuous innovation in technology and product launch allows companies to gain a competitive edge and to boost their sales. Moreover, the need for these systems in several fields is driven by increased maintenance and installing activities for rebuilding infrastructure in combination with road construction activities.
Moreover, the developments in agriculture have increased demand for modern equipment in order to enhance productivity. This is also seen as one of the principal factors contributing to the growth of crawler tractors. However, during the forecast period, the elevated expenses of crawler tractors will probably diminish market growth, along with the absence of skilled laborers to use these large and powerful machines.
Over the centuries, the crawler tractor has established itself as a heavy duty operations solution. Crawler tractors generally use heavy duty tracks instead of pneumatic tires for plenty of activities than standard tractors, allowing their weight to distribute them far more evenly across the earth and allowing them to reach regions in which rubber tires fail to perform. Due to the large surface area, they are considerably more stable while operating slower than the average tractor and are significantly less likely to sink to soft surfaces. A crawler tractor has the advantage of having a much wider range than a wheeled tractor to spread its weight. The soil is not as tight as a wheeled tractor with a crawler. In agriculture, where the ground is compacted, this is monumental. This has resulted in its comprehensive use in agriculture, one of the major vertical sectors that drives the global market.
The global market for crawler tractors was dominated by the construction industry. Most tractors are used to move and design heavy earth. A blade or crane attachment is provided for the base monitoring chassis. Many tracked vehicles are also used in agriculture. In fields where a rolling vehicle could not cross, the tractor is accountable for efficient building projects. This resulted in its dominant use in the construction sector.
North America was the dominant market for crawler tractors in 2018 and hold the largest market share in the global market. The important factor attributed to this major market size is that advanced methods are increasingly being implemented to make human job a lot easier. While this region dominates the market, steady growth in this region is anticipated. The majority of the countries of Europe and Asia-Pacific are expected to experience rapid growth in the global crawler sector.
The primary industry players include John Deere, Liebherr Group, Caterpillar Inc., Case IH, New Holland, Chetra, Dressta, HBXG, Hitachi, Komatsu, Mitsubishi, YTO, Kubota, DEUTZ-FAHR, CLASS, AGCO Corp, Shantui, among others. Emerging economies such as India and China are considered to be the major markets due to continuous development in construction and mining, thus giving major companies to expand their operations. This can be seen with major companies expanding their operations in these regions along with many local or regional players coming with new products for the local market.
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