Airport Information System Market - Industry Analysis Forecast 2023

Airport information system is designed to improve efficiency, customer service and on-time performance in aviation industry. It gathers real time data and presents it in various formats such as graphs, tables and diagrams. The airport information system provides the real time status of required aviation equipment and passenger flows in a dashboard format. This, in turn, allows management personnel to analyze data and carry out current historical performance comparisons. The airport information management system is flexible and can be easily integrated to monitor various passenger sensitive equipments such as escalators, conveyors, lifts, baggage count, flow rate and availability of check in desk. The airport information system helps to increase asset efficiency by monitoring the equipment status, and providing automatic alerts i.e. SMS, on-screen alerts and emails if problems arise

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Airport information system market is segmented on the basis of function, application, cost, airport size, software and geography. On the basis of function, the airport information system market is segmented into airport operation control center (AOCC) and departure control systems (DCS). Based on the airport size, the airport information system market is categorized into class A, class B, class C, and class D. On the basis of application, the airport information system market is segmented into airside and terminal side. Based on software, the airport information system market is categorized into passenger system software and non-passenger system software. Based on cost, the airport information system market is segmented into integrated cost in airport information system, operational cost in airport information system and procurement cost in airport information system. Furthermore, on the basis of geography, the airport information system market is segmented into five major regions including North America, Asia Pacific, Europe, Middle East and Africa and Latin America.

Growing requirement for proper management in airport owing to increasing passenger traffic is one of the key factors driving the growth of airport information system market, globally. Major airports, particularly in Europe have upgraded the airport information systems by integrating kiosks to assist bag-tag printing. Frankfurt Airport in Germany, had initiated the adoption of real time management systems and advance passenger management systems. Growing importance of self-service airports is expected to boost the demand for airport information systems. Implementation of RFID in airport has proven to be the time saving option for passengers as well as airport personnel, thereby contributing to the enhanced customer satisfaction and staff productivity. High cost is required for implementing airport information systems and is not feasible for airports in developing countries. This is one of the factors inhibiting the market growth. Airports 

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Increased demand for enhanced airport information systems has stimulated the industry participants to develop innovative products and focus on mergers and acquisitions to gain competitive advantage. Some of the key players in the airport information system market include SITA (Société Internationale de Télécommunications Aéronautiques) (Geneva), Ultra Electronic Holdings (UK), Rockwell Collins Inc.(U.S.),Amadeus IT Group SA (Spain), Siemens AG (Germany), Inform GmbH (Germany), International Business Machines Corporation (U.S.), Resa Airport Data Systems (France), Northrop Grumman Corporation (U.S.), and Ikusi S.A (Spain), among others.

Alternator Market Industry Analysis, Size 2023

An alternator is machine that generates alternation electricity. It is a type of generator by which mechanical energy is converted into alternating electrical energy. Alternator is also called as synchronous generator. By applications, the alternators are classified as automotive type, diesel electric locomotive type, marine type, brush less type and radio alternators. The automotive alternators experimentation expanded in the year 1949, based on their military applications during World War II. The power for modern vehicle electrical system is produced from an alternator when the car engine is in running state. In automobiles, alternators are also used for charging the battery. Therefore, the alternator is much simpler, lighter, cheaper and rougher than other DC generators used. Although motor vehicles electrical system generally needs direct current but an alternator with diode rectifier is better choice than a DC generator as there is no complicated commutation in it. Commutator is the moving part of a rotary electrical switch in electric motors as well as generators that reverses the direction of current between the rotor and external circuit in a period of time.

Alternator is also used in diesel electric locomotives. The alternating current produced is converted to direct current with the help of silicon diode rectifiers to run the traction motors which are used to drive the locomotive wheels. The alternator used in marine is typically designed with suitable adaptations to saline water environment. The brush type alternators are used in power electric generation plant as a main power source. The radio alternators are used for the transmission of low band radio frequency. On the basis of design, alternators are categorized into two major types which include salient pole type and smooth cylindrical type. The salient pole type alternators are the medium or low speed alternators having large diameters and small axial lengths. They look like big wheels and are used mainly in hydro power plant. The smooth cylindrical type alternators are used for steam turbines having a high speed rotor. 

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Providing low costs offerings for alternators sourced from overseas would be a good opportunity for alternator market to significantly grow in the near future. The shift towards salient pole alternators from cylindrical pole alternators leads to increasing complexity, along with time, cost, as well as skill of remanufacturing, which makes these new products a better alternative. Therefore, in order to remain stiff in an increasingly competitive market, manufacturers should align their product line as well as distribution strategies with the market needs, while also considering geographic expansion.

The market for alternator is highly competitive and includes various key players such as Robert Bosch GmbH, Denso Corporation, Hitachi Automotive Systems, Ltd., Valeo SA, Mitsuba Corporation, Mitsubishi Electric Corporation, Hella Kgaa Hueck & Co., Lucas Electrical, Controlled Power Technologies Ltd., Asimco Technologies, Letrika Group, Lucas Electrical, Prestolite Electric, Remy International, Wonder Auto Technology, and Zhejiang Dehong Automotive Electronic & Electrical Systems Co., Ltd.

Personal Care Packaging Market to be Led by APAC

Personal care packaging refers to casing of products used for personal hygiene and beautification. The applications of these products include hair care, skin care and toiletries among others. Personal care products are packaged in glass bottles, stand-up pouches, paper bags, metal cans and containers among others. The growing demand for personal care products have led to the growth of the personal care packaging market. Raw materials such as plastics, paper, glass, aluminum and cloth among others are used in the manufacture of personal care packaging. Factors such as increasing awareness regarding personal hygiene, technological innovation in the packaging industry, growing demand for male grooming products, rising disposable income of the individual, and changing consumer lifestyle are primarily driving the market. However, rising number of regulations regarding packaging and manufacturing personal care products is expected to subsequently hamper the growth of the market, as the overhead costs may result in increased price of the finished product. Increasing demand for personal care products in BRIC countries is expected to open opportunities for the growth of the market in the near future. 

Flexible packaging was the largest product segment present in personal care packaging in 2012. Flexible packaging denotes packaging containers that are made up of easily flexible or yielding materials, which readily alter shape when filled with goods. Rigid packaging was the second-largest product segment in the personal care packaging market in 2012. Demand for paper in personal care packaging is likely to grow exponentially in the next few years as more and more consumers are looking for environment friendly packaging solutions. Glass bottles are available in various shapes, sizes and colors for applications such as fragrances, nail polishes and facial products. Metal packaging is expected to exhibit the lowest growth of all packaging materials in the personal care packaging market owing to factors such as heavy weight, fluctuating costs and lower aesthetic value.

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 Skin care was the largest application segment present in personal care packaging market in 2012 on account of the growing awareness regarding healthy skin among consumers. Skin care was followed by hair care on account of the growing awareness regarding hair grooming and styling among consumers, particularly in Asia Pacific. Hair care is expected to be the fastest growing application segment of the market on account of the rising demand of hair care products such as hair gels, shampoos, hair coloring products, serums and conditioners among others. In addition, shower gels and liquid soaps have been gaining popularity in emerging economies of Asia Pacific and Latin America. Growing demand for anti-ageing cosmetic products is expected to drive the demand for cosmetics over the next few years. Other products in the end-use segments include oral care products, wet wipes and baby care products among others.

Demand for personal care packaging was the highest from Asia Pacific in 2012 and is expected to witness the highest growth over the next six years. Several factors such as rising demand for hair care, cosmetics and male grooming products, changing lifestyles, technological innovation in packaging are expected to drive the demand for personal care packaging in this region. Demand for personal care packaging is expected to be steady in developed markets of North America and Europe in the next few years with respect to application categories such as fragrances, bath & shower and skin care among others.

Companies such as Amcor Ltd., Bemis Company Inc., Mondi, Ardagh and Saint Gobain are key players present in the personal care packaging market. In addition, the personal care packaging market is highly fragmented due to presence of several medium and small scale manufacturers on a global as well as regional level.

Now Updated: Demand for Membrane Separation market Technologies

The competitive landscape of the global membrane separation market is dominated by multinational companies such as Koch Membrane Systems, 3M Company, Dow Chemical Company, Sartorius AG, Xylem Inc., Pall Corporation, and Merck Millipore. According to Transparency Market Research, ue to the large number of companies operating in various niches of the membrane separation market, the competition in the market is set to remain intense in the coming years. 

Buyers of membrane separation products have a relatively low bargaining power in the global market at present, as membrane separation products are quite similar to each other. However, the increasing number of companies expanding beyond their original region is set to make the market more competitive in the coming years, boosting the power of the buyers.

Increasing Demand for Water in Emerging Regions Beneficial for Membrane Separation Market

Several emerging countries, such as India and China, are witnessing chronic water shortage problems due to improper management and insufficient availability of water treatment facilities. Membrane separation has emerged as a promising solution in these regions, albeit with the caveat of high costs. The chemical-free nature of membrane separation technology also makes it suitable for use in water reuse and wastewater treatment facilities, which is another rapidly growing industry in emerging economies.

The rapid growth of the industrial sector in emerging economies is also beneficial for the global membrane separation market, as many industries require purified water and most produce significant quantities of wastewater. Membrane separation allows the wastewater to be reused for non-consumptive purposes.

The growing population of emerging countries, with China, India, and Brazil being three of the five most populous countries in the world, is also crucial for the membrane separation market. The growing population in these countries has ensured steady demand for membrane separation technology in the coming years. This has made these regions a lucrative target for global giants in the membrane separation industry.

Lack of Cost-effectiveness of Membrane Separation Leads to Threat from Alternatives

Despite being safe and environmentally viable, membrane technology is hamstrung by its high installation costs, which render it less cost-effective than conventional methods of water treatment. Despite the growing government support, membrane separation remains out of reach for many consumers in developing economies, leading to conventional methods often being preferred due to their higher cost-effectiveness.

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The promising performance of conventional methods, which currently outweighs the threat posed by the chemicals used in them, has created a significant challenge for manufacturers of membrane separation technology. As a result, actively working on increasing public awareness about the safety benefits of membrane separation is a crucial strategy for market players.

Ultrafiltration to Exhibit Highest CAGR, Microfiltration to Retain Dominance

Of the various types of membrane separation technologies, microfiltration is likely to remain dominant through the forecast period, with the segment expected to reach a valuation of US$13.1 bn by 2019. Despite its dominance, microfiltration is on the wane, as ultrafiltration technology is expected to exhibit a robust 12.1% CAGR from 2013 to 2019 – the highest of all product segments of the membrane separation market.

Geographically, Europe is the leading consumer of membrane separation technology, due to the presence of several environmentally conscious and prosperous nations in the region. However, due to the increasing government support to the water and wastewater treatment sector in developing countries, Asia Pacific is likely to become a dominant regional market for membrane separation technologies by the end of the decade. The Asia Pacific membrane separation market is expected to be valued at US$13.1 bn by 2019.

The global membrane separation market is expected to be valued at US$39.2 bn by 2019. The information presented in this review is based on a Transparency Market Research report, titled, ‘Membrane Separation Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.’

Worldwide Rear Axle Commodity Market to touch US$45.9 bn in 2020, Focused by Healthy Growth of Automotive Industry

Transparency Market Research has published a new report that presents a comprehensive overview of the global real axle commodity market. The report provides insights into the factors driving the global real axle commodity market and the restraints that the market is likely to face in the forthcoming years. The report is titled “Rear Axle Commodity Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” and is available on the company website for sale. 

Based on in-depth research, the report states that the global real axle market, which stood at US$35.8 bn in 2013, will reach US$45.9 bn in 2020. If the figures estimated in the report hold true, the market will exhibit a moderate yet positive CAGR of 3.7% during 2014-2020. Rear axle commodity affixed to a vehicle is crucial for its functioning, since it bears the entire weight of the vehicle, cargo, as well as passengers. Automotive axles also provide torque to wheels, apart from ensuring stability of the vehicle. Since real axles bear the maximum mechanical wear and tear, manufacturers strive to provide maximum safety, comfort, efficiency, and cost-effectiveness in their product offerings. Presently, manufacturers are focusing on developing more efficient yet lightweight rear axles with enhanced ratios and lesser power loss. This has led to the launch of improved rear axles with enhanced power, which in turn boosts the global market for rear axle commodity. 

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For the purpose of the study, the report segments the rear axle commodity market into lift axle, dead axle, and drive axle. Of these, the drive axle segment accounts for a majority share of the global real axle commodity market. In terms of application, the market is classified into economy vehicles, heavy vehicles, luxury vehicles, SUVs, MUVs, executive vehicles, and railways. Economy vehicles dominate the global rear axle commodity market at present. The use of rear axles is also very significant for railways, since it lends stability to the engine and wagons, particularly under difficult conditions. 

Key regional segments of the global rear axle commodity market include North America, Asia Pacific, Europe, and Rest of the World. At present, Europe dominates the global market. However, the report cites that the automotive industry in North America and Europe has already reached maturity, hence the rear axle commodity market will not experience much gains from these markets. On the other hand, emerging markets in Asia Pacific exhibits impressive opportunities, making the region the fastest growing market for rear axle commodity. Robust development of the automotive industry in Asia Pacific is anticipated to boost the demand for rear axle commodity in the region. 

To study the competitive landscape of the market, the report profiles some of the leading players in the market such as ROC Spicer Ltd., GNA Axles Ltd., American Axle & Manufacturing Holdings, Inc., Talbros Engineering Limited, Meritor, Inc., and Daimler Trucks North America LLC. 

Global Car Rental Market - Concerned About Environmental Degradation Hamper Market Growth

Albany, NY: The global car rental market is highly consolidated with the presence of a handful of companies, observes Transparency Market Research (TMR). The top five companies, namely Enterprise Rent-A-Car, The Hertz Corporation, Europcar, Avis Budget Group Inc., and Sixt collectively held more than 75% of the market in 2013. 

“Expanding into new markets partnering with local players is the key growth model that top companies in the car rental market are adopting,” says a TMR analyst. The objective is to strengthen their global presence, which in turn will help increase business revenue. An excellent example is Avis Budget Group. With a presence in 175 countries, the company is strategizing for further expansion in new rental locations such as India, China, and Brazil due to the increasing demand for car rentals in these regions.

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Strategically accelerated growth is the focus of key companies in the global car rental market. Companies are formulating plans for increasing the fleet size and incorporating a mix of vehicles to their fleet to keep up with customer demand. Offering differentiator services is also a key growth model that top companies in this market are focused on.

Asia Pacific to Emerge as Key Regional Market in Future

An expeditious increase in air travel is one of the major factors driving the growth of the global car rental market, points out a TMR analyst. In the last decade, surging air travel for both business and leisure has led to an increasing demand for reliable and high-quality car rental services for comfort and safety reasons. Thus, top players in the car rental market are striving to leverage this trend by offering services across all major airports worldwide.

At present, Asia Pacific is witnessing a high growth in the tourism industry. Post the global economic slump of 2007-2008, global car rental companies are expanding their operations in China and India to serve both international and domestic tourists.

The increasing number of Internet users that carry out online travel bookings is also boosting the growth of the car rental market. This is because the process is reliable, easy and can be customized as per the need. Online booking is convenient for both customers and car rental providers as it saves times and is cost-effective as well.

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Concerned About Environmental Degradation Hamper Market Growth

Strict regulations for curbing emissions and volatility in crude oil prices are hampering the growth of the global car rental market. The high utilization of non-renewable energy sources for power generation releases large amounts of carbon dioxide into the atmosphere. To counter this, environmental regulations are in place in several countries for lowering emissions from vehicles and industries. In this regard, the International Energy Agency have laid out mandates for generating green energy in order to reduce carbon dioxide emissions and control environmental pollution. Consequently, top companies such as Enterprise Rent-A-Car are adopting green car rentals.

The global car rental market is expected to reach a valuation of US$79.46 bn by 2019. On the basis of car type, executive cars and multi-utility vehicles are anticipated to display a faster growth rate than other segments due to rapid globalization. The airport transport segment by category is expected to be valued at US$34.48 bn by 2019. The dominance of this segment is mainly due to the increasing number of air travelers for both business and leisure reasons.

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Global Bio Vanillin Market: Trends and Opportunities Global scenario 2024; Increasing Requirement for Convenience among Consumers.

Global Bio Vanillin Market: Overview

Vanillin is the primary component of the vanilla bean extract and is used as a flavoring agent in pharmaceuticals, foods, and beverages. Synthetic vanillin is used more often than natural vanilla extract and bio vanillin has been developed as a healthier and safer alternative to synthetic vanillin.

Vanillin can be of three different types, depending on the way it is manufactured: guaiacol-derived vanillin, natural vanilla extract from vanilla beans, and lignin-based vanillin. Vanillin produced from lignin is marketed as a premium product and is therefore priced higher. Even though only a fraction of the total lignin obtained is used for the manufacturing of vanillin, lignin is actually an abundant natural resource and can also be obtained from sources such as wood, leaves, straw, cereals, stems, fruits, and vegetables. Guaiacol-derived vanillin is an established commercial market owing to the lower price of the product despite no product differentiation. This makes it difficult for bio vanillin to compete with existing companies that already have a strong marketing structure in place.

The report studies the various segments and subsegments within the bio vanillin market and carefully examines the various micro and macro factors that drive and hamper their growth. With the help of tools such as the Porter’s Five Forces Analysis and SWOT analysis, the report provides readers with a 360-degree outlook on the overall market and where it is headed in the coming years.

Global Bio Vanillin Market: Key Trends and Opportunities

The global market for bio vanillin is primarily driven by the surge in the demand for biotechnologically derived fragrances and flavors from end-use industries such as cosmetics, food and beverages, and pharmaceuticals. The market is also boosted by the stable price trends of bio vanillin and strong industry penetration. The fact that bio vanillin has been accepted as natural by the EU and the U.S. food legislations is key to the growth of the global bio vanillin market. The product also satisfies the various regulatory requirements of Health Canada-a department of the Government of Canada that deals with national public health. The market for bio vanillin is projected to benefit from the product being marketed as part of the premium product segment within the beverages, foods, and perfumes industries.

The food and beverages industry makes for the largest consumer of bio vanillin, accounting for over half the market. The fragrances sector is also likely to exhibit steady growth in the coming years, based on the findings of the report.

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Global Bio Vanillin Market: Region-wise Outlook

Asia Pacific is the leading market for bio vanillin in terms of demand, with China emerging as the dominant country in terms of production. This region is also projected to exhibit strong growth during the rest of the forecast period mainly due to the increasing demand for bio vanillin from the pharmaceuticals and food and beverages industries in countries such as India, Indonesia, China, and Malaysia. Bio vanillin also provides a massive opportunity for growth in the Asia Pacific region since countries such as India and China have been witnessing a growth in per capita disposable income and population expansion.

Europe is also a major market for bio vanillin and is expected to witness moderate growth in the coming years. Bio vanillin has the potential to emerge as a green product in Europe as well as North America because consumers in these regions have become more health conscious and averse to petrochemical-derived products. This increasing reliance on natural and bio-derived products is anticipated to boost the bio vanillin market in North America and Europe.

Automotive Switches Market is expected to grow at a steady pace over the forecast period 2021

Automotive switches are one of the primary components in an automotive. Switches control the overall electrical equipments fitted in an automotive. Automotive switches are vital in controlling the automotive lighting and overall functioning of an automotive. Switches are also used in engine start and stop function and in different vehicle operations. Different categories of switches are used for various functioning of automotives which includes toggle switches, push and pull switches, keyed switches and marine grade switches among others.

 The demand of automotive switches are rising globally due to technological upgradation and increasing consumption expenditure. There are two types of automotive switches which includes water resistant switches and non-water resistant switches. Water resistant automotive switches are gaining importance especially in the two wheeler segment due to open nature of two wheeler vehicles which remain exposed to extreme atmospheric conditions.

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 Durability of the switches, reliability and easy operation are the key factors on which the quality of the switches depends. Switches can be both manual and automatic. Manual switches required user interference and is used in various kinds of automotives such as passenger cars, light commercial vehicles (LCV) and heavy commercial vehicles (HCV). Automatic switches do not require user intervention and operates automatically according to the response send by the engine sensors. Automatic switches are used in premium segment passenger cars and other high end automotives.

Asia-Pacific is the most attractive region for automotive switches market. There is a significant increase in demand for automotives in the Asia-pacific region which is driving the market for automotive switches. The adoption of latest technology is another driver, driving the automotive switches market in this region. The escalating demand in LCV and HCV vehicles is also driving the growth of automotive switches market due to low cost of production. Presence of developing countries like India and China are also boosting the demand for automotive switches as there is a huge demand for automotives in these countries. The North America and Europe market for automotive switches is expected to grow at a steady pace over the forecast period.

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The North America automotive switches are expected to grow at a higher rate during the forecast period as compared to the Europe market. The reason for this is the recent economic meltdown which significantly affected the economic stability of Europe market. North America automotive market is driven by comfort and luxury. There is a huge demand for luxury automotives which drives the market for automotive switches in North America. Automatic switches are more in demand than manual switches in the North America market.

Easy availability of credit facilities to prospective automotive buyers also acts as a driver which drives the automotive switches market in this region. Presence of premium automotive manufacturers such as Mercedes, Audi, Volkswagen and BMW is driving the automotive switches market in Europe. Europe market faced steep challenge in the recent economic meltdown and is recovering at a steady pace which has also increased the demand for automotive switches significantly.

Global key participants in the industry include Ark-Les Connectors, D&R Technology, LLC, Diamond Electric Manufacturing Corporation, E-Switch, Inc, Honeywell, Inc, TRW Automotive U.S. LLC and Micro Technologies.

Baby Diapers Market to Expand at 7.60% CAGR between 2015 and 2021

The baby diapers market is expected to undergo several changes such as a result of increasing awareness about hygiene among consumers. In recent times, the healthcare facilities have improved considerably in the developing countries. Due to this factor, the infant mortality rate has reduced considerably. Apart from this, increasing environmental awareness among the consumers is also expected to boost the demand for biodegradable diapers. Besides, the manufacturers are focusing on product differentiation in terms of price and style variations in order to strengthen their customer base. By product type, the baby diapers market has been segmented into cloth diapers, disposable diapers training nappies and swim pants.

The baby diapers market is primarily driven by factors such as high birth rate and decreasing infant mortality rate. Moreover, rapid urbanization coupled with increasing disposable income has also fuelled the growth of baby diapers market. Apart from this, increasing awareness about hygiene and sanitation is also expected to drive the demand for baby diapers.

Asia pacific held the largest market share of baby diapers market in terms of both revenue and volume in 2014 and is expected to continue its dominance throughout the forecast period. The region’s large population and the growth of disposable income are major factors boosting the demand for baby diapers in this region. The Asia Pacific market is expected to be followed by Latin America in terms of both revenue and volume throughout the forecast period.

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The market for disposable diapers was the largest among all the diapers in terms of revenue in 2014 and is expected to remain so throughout the forecast period. Rapid urbanization and increasing disposable income are the major factors driving the demand for disposable diapers.

The report also provides the company market share analysis of key players operating in the baby diapers domain. The key players operating in global baby diapers market are Indevco Group, Kao Corporation, Bumkins Finer Baby Products, Inc., Hengan International Group Company Limited, Johnson & Johnson, Unicharm Corporation, SCA Hygiene, Kimberly-Clark Corporation, Procter & Gamble Company and Wipro Consumer Care and Lighting Ltd.

Electric Shavers Market - Personal care Industries are experiencing robust growth in Asia Pacific

Global Electric Shavers Market:

Electric shavers are being increasingly preferred to manual razors across the world due to greater comfort these provide to the user. Electric shavers contain an assembly of one or multiple blades that are operated by a battery or a plug-in power source. These make the process of shaving more convenient as well as safer than manual razors due to their automated function and inclusion of safety components such as a guard plate to protect the chin from the device. The increasing attention paid by the modern man to personal grooming has driven the global electric shavers market and will continue to be an influential factor in the growth of the market in the next few years.

The report on the global electric shavers market answers pertinent questions having a bearing on the market’s performance. The major players in the electric shavers market are profiled in the report in order to brief the readers about the competitive landscape of the market. The major segments of the market are also examined in the report to provide a comprehensive overview of the market. The key trends observed in the market are also analyzed in the report to enable market participants to make decisions based on up-to-date intelligence about the expected trajectory of the market.

Global Electric Shavers Market: Drivers and Restraints

Increasing beauty consciousness among women and men across the world is the primary driver of the global electric shavers market. Women have always been the target population for manufacturers of various beauty and personal care products. However, men have also become increasingly interested in personal care and grooming. This has led to near-universal demand for various beauty products, shavers being one of the most important of them.

The convenience of electric shavers over manual razors is another key driver of the global electric shavers market. Electric shavers are safer than manual razors due to the mechanized limits on how much of the blade can be exposed to the skin. This is effective in preventing cuts and scrapes, massively improving the overall performance of the shaver.

Electric shavers also function faster than manual razors due to their mechanized action, and often do not require shaving gels or creams. This reduces the overall expenditure required by the user on personal care products. Many advanced electric shavers also require less maintenance than manual razors and last longer, which increases their appeal.

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 Global Electric Shavers Market: Geographical Dynamics

Among the major regional segments of the global electric shavers market, Asia Pacific has emerged as a major market due to the increasing disposable income of consumers in the region. The personal care and beauty devices industries are experiencing robust growth in Asia Pacific due to the increasing interest of consumers. Electric shavers are among the most commonly used products in the personal care market. Large population in India and China and rapid rate of urbanization in these countries are the major drivers of the electric shavers market, with urban consumers increasingly starting to adopt Western fashion values, which includes regular shaving.

Major companies operating in the global electric shavers market are Procter & Gamble, The Gillette Company, Conair Corporation, Koninklijke Philips Electronics N.V., Braun GmbH, Remington Products Company, Wahl Clipper Corporation, and Spectrum Brands Holdings, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Facilities Management Market - Growing Europe FM Market Looks to Demand from Manufacturing Industries

Facilities Management Market: Snapshot

Cost reduction has become imperative in almost all sectors, be it manufacturing, corporate, educational, or residential. Facilities management has emerged as the ideal tool to offer high-quality services such as cleaning, maintenance, and security at a low cost. The economic pressure that most companies have been under is owing to consistently rising maintenance and operation costs, which impacts the performance of the firm in the long run. The improvement of business activities is also dependent on the effective control of harmful gas emissions. Rising government regulations on waste management and energy have compelled organizations to turn to facilities management in a bid to improve the long-term sustainability of their businesses and the environment.

Fueled by these current and emerging trends, the global market for facilities management is expected to report a 13.6% CAGR during the forecast period. This market is expected to witness an upward growth in value from US$606.4 bn in 2015 to US$1,887 bn by 2024.

Growing Europe FM Market Looks to Demand from Manufacturing Industries

The global facilities management market comprises North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe is by far the most prominent regional market for facilities management, with the opportunity to be worth US$624.9 bn by 2024. Rising from a US$219.5 bn worth in 2015, the Europe market is projected to expand at a 12.5% CAGR therein. This can be attributed to the growing demand for support and maintenance services by manufacturing industries in the region and the surging demand for a variety of technical services such as plant maintenance, fabrication, and HVAC. While the U.K. is the largest revenue generator in this regional facilities management market, Germany is expected to register the highest growth over the coming years.

Asia Pacific is poised to witness the fastest growth by 2024, clocking in a 15.5% CAGR during the forecast period. This FM market is estimated to reach a worth of U$437.1 bn by 2024, fueled by the rapid development of education and residential sectors and their demand for soft services, such as catering, mailroom, pest control, cleaning, waste management, and security. India and China are anticipated to witness flourishing growth in the facilities management market thanks to the rise in soft service and technical outsourcing in several industries.

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Corporate Sector Stands Out in Adoption of Facilities Management Services

The facilities management market caters to several end-use industries, namely government and public, manufacturing, retail and commercial, corporate, healthcare, and educational and residential. The corporate sector is the largest contributor to the overall revenue of the facilities management market and also the fastest developing industry segment, registering an impressive 15.1% CAGR from 2016 to 2024. This segment accounted for a 21.3% share in the FM market by industry in 2015, propelled by the growing need to support and maintain core services in corporate sectors such as IT and BFSI (banking, financial services, and insurance). While North America and Europe have been witnessing large-scale adoption of facilities management services in the corporate sector, the MEA and APAC regions are expected to gain traction thanks to the increasing adoption of outsourced FM services.

Industrial Gloves Market - Disposable Gloves to Remain Dominant Product Segment in Gloves

The global market for industrial gloves features a markedly high level of consolidation, with the top four players accounting for a collective share of over 75% in the overall market in 2015, states Transparency Market Research in a recent report. Though the market witnesses an intense level of competition among these top companies fighting for the top spot in the global market, which include Showa Group, Ansell Ltd., Honeywell Safety Products, and 3M Corporation, local vendors are giving a tough fight on the regional level.

To gain an edge and acquire an increasingly large share of consumers, top vendors are resorting to strategies such as product innovation and attempts at reducing the cost of products while maintaining the promise of utmost quality. Acquisitions are also increasingly sought as a way of expanding product portfolios and gaining the trust of an established consumer base.

Industries such as pharmaceuticals, food, chemicals, and healthcare are the most prominent consumers of a variety of industrial gloves. The pharmaceutical, chemicals, and food industries accounted for nearly two-thirds of the global industrial gloves market’s overall revenues in 2015. Naturally, growth in these industries is a key requisite for the overall development of the industrial gloves market. In the past few years, these industries have seen flourishing growth across all notable regional markets such as North America, Europe, Asia Pacific, and Latin America, boding extremely well for the industrial gloves market.

The usage of industrial gloves across several operations in these industries is ruled primarily by worker safety mandates instigated by government and private bodies. While employee safety rules have traditionally been much stricter and were adhered to more strictly in developed regions than in cost-conscious developing regions, the scenario is rapidly changing.

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Transparency Market Research analysts state that the market for industrial gloves will expand at the fastest CAGR of nearly 12% in Asia Pacific over the forecasting horizon. The factors driving the increased usage of industrial gloves in the region will chiefly be the increasingly stringent worker safety guidelines, rising awareness among employees about the health benefits of high-quality gloves, and flourishing growth of key end use industries.

The lucrative growth opportunities in the global industrial gloves market has attracted a large number of small-, medium-, and large-sized vendors operating across a variety of product segments and serving several regional markets. While some international players are known for the high-quality of their products, they are also infamous for the high costs of their offerings. High costs of products from international vendors mostly fail to appeal cost-conscious industries, especially located in emerging economies.

The threat of being replaced by locally manufactured, cheaper varieties of industrial gloves across the highly lucrative developing economies is a big loss for international vendors. Expanding their consumer base in lucrative regional pockets will require global vendors to focus on establishing production bases in the target regions, where low raw materials and labor costs will help keep product prices in check. Attempts at improving the level of awareness among workers and employers regarding the several benefits of use of industrial gloves could also help strengthen the positions in regional markets.

The global industrial gloves market held an opportunity worth US$5.13 bn in 2015. The market is expected to expand at a CAGR of 9.6% over the period between 2016 and 2024, and rise to a valuation of US$11.01 bn by 2024. The segment of disposable gloves accounted for over 85% share in the global market in 2016 and is expected to remain the dominant product variety over the forecasting horizon as well. Applications across the pharmaceutical industry helped the market gain the largest share of revenues, an estimated 25.5% in 2015. 

Manufacturing Execution System (MES) Market is growing at a CAGR of 11.1%; Size, Share, Growth, Trends and Forecast 2023

Manufacturing industries implement various planning systems such as ERP or equivalent to decide what products to be manufactured. After completion of the planning stage, the manufacturers determine resources that are currently available in stock for execution of the manufacturing plan. The primary function of MES is to facilitate communication between different divisions in industries and providing enterprise-wide records for improving operational performance. In addition, MES software application provides industries or manufacturing plants with scheduling and planning, tracking and analyzing, and control of manufacturing operations. 

The major factor driving the growth of the market is attributed to the rising demand for industrial automation; primarily in growing economies such as China, India and Brazil. MES provides real-time information of the shop floor providing transparency and better visibility of manufacturing operations. Moreover, MES integrates information or data from the shop floor with business systems, enabling manufacturers with more competitive decision making. In addition, highly regulated industries such as medical device and equipment manufacturers, chemical, and food and beverages among others require intensive internal and external reporting to comply with the strict government regulations. Quality and uniformity is given the maximum importance in such highly regulated industries. MES have the ability to automate essential regulatory processes to ensure government regulations and meet the requirements of reporting in such industries. Increasing adoption of MES is driven by ability of MES for integrating quality management from the shop floor to the top floor offering accurate and flexible work instructions to highly regulated industries. These factors are expected to positively affect the growth of the global MES market during the forecast period. 

Based on process industry, the global MES market is segmented into: oil and gas, chemical, food and beverages, pulp and paper, pharmaceutical, energy and power, water and wastewater treatment, and others. Others process industry segment includes textiles, and steel and aluminum. Continuous operation environment in process industries is of critical importance in process industries. MES facilitates process industries with automation, execution and management of manufacturing operations with advanced features such as tracking, scheduling, resource allocation and control, quality assurance, and plant maintenance among others. 

The global manufacturing execution system (MES) market is categorized based on discrete industry into: automotive, aerospace and defense, electronics and electrical, medical devices, FMCG and others. Semiconductors, furniture and wood products, and printing and publishing are included in the others discrete industry segment. Demand for paperless operation, to assist efficient performance and flexibility in operations is contributing to the market growth during the forecast period. 

This market research study analyzes the global manufacturing execution system (MES) market and provides estimates in terms of revenue (USD Million) from 2015 to 2023. It recognizes the drivers, restraints and opportunities affecting the industry and analyzes their impact over the forecast period.

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By geography, market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). In addition, the report segments the market based on process industry, which include oil and gas, chemical, food and beverages, pulp and paper, pharmaceutical, energy and power, water and wastewater treatment, and others. It also segments the market on the basis of discrete industry into automotive, aerospace and defense, electronics and electrical, medical devices, FMCG and others. All these segments have also been estimated on the basis of geography. 

For better understanding of the global manufacturing execution system (MES) market, key trend analysis and porter’s five force analysis are also provided. Furthermore, the study comprises a market attractiveness analysis, where the manufacturing execution system (MES) by process industry and discrete industry are benchmarked based on their market scope, growth rate and general attractiveness. 

The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company overview, financial overview, business strategies, and the recent developments in the field of manufacturing execution system (MES). Major market participants profiled in this report include ABB Ltd. (Switzerland), Schneider Electric S.E. (France), Rockwell Automation, Inc. (U.S.), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), and SAP SE (Germany) among others.

Beauty Devices Market - Lending Skin a Youthful Radiance; Competitive Insight Outlook 2024

Global Beauty Devices Market: Overview

The increasing prevalence of skin-related issues, a rising geriatric population, and the expansion of the middle class have been the key factors boosting the global beauty devices market. The market is poised to surge exponentially between 2016 and 2024. Much of the growth exhibited by the market is attributed to the rising demand for hair removal devices. This product segment is expected to hold a considerable share in the market during the forecast period. Among the various application segments, the demand for beauty devices from salons is expected to rise at an impressive rate.

Among other factors, the growth of consumerism has had a profound impact on the market’s trajectory. Increasing demand for devices used in the treatment of skin diseases such as acne, psoriasis, and atopic dermatitis has been crucial in expanding the market’s operation. Of the aforementioned skin-related issues, acne is among the most prevalent dermatological conditions, troubling millions around the world. It is caused due to the clogging of hair follicles by dirt, dead skin cells, and sebum. More often than not, acne leaves behind scars. According to the findings of the American Academy of Dermatology, about 85% of Americans suffer from acne at some point in their lives. Apart from this, exposure to ultraviolet radiation can also cause skin diseases.

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Beauty devices that have been launched recently in the market have proven extremely beneficial in the treatment of the aforementioned dermatological conditions. Demand from the global beauty devices market is thus expected to increase at a robust pace in the coming years. The report studies the various factors influencing the global beauty devices market. It provides a comprehensive overview of the growth trajectory exhibited by the market over the last few years. It also presents forecasts about the market’s growth prospects based on information obtained from trusted industrial sources.  

Global Beauty Devices Market: Drivers and Restraints

The majority of demand witnessed by the market comes from geriatric consumers. Old age is often associated with a reduced vascular network in layers of skin and loss of fibrous tissue. Consequently, people belonging to this age group demand special treatments for healthier-looking skin. Furthermore, the characteristics and appearance of a person get altered in old age, leading to dryness, pigmentation, wrinkles, and sagging of skin. Anti-aging beauty devices available in the market help in reducing these signs of skin aging, thus lending the skin a youthful radiance by tightening it.

Awareness about the availability of treatments and related devices for treating aging skin has been thus boosting the global beauty devices market. Despite witnessing a considerable rise over the last couple of years, knowledge regarding the risks associated with using these devices is hampering the market’s growth to an extent. Some of the most common side-effects associated with the beauty devices include fragile skin, excessive swelling, discomfort, blistering, and bruising. The appearance of these side-effects can slow or postpone the process of skin treatment. Also, many popular beauty devices emit intense pulsed light that can result in side-effects such as edema, superficial burn, scarring, and postoperative erythema.

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Global Beauty Devices Market: Competitive Insight

In order to study the competition prevailing in the market in detail, the report profiles some of the major companies operating therein. These include the L’Oreal Group, Panasonic Corporation, Procter & Gamble Company, and Carol Cole Company. The strengths and weaknesses of these companies are extensively studied in the report. It also provides in-depth insights into the threats and opportunities that these companies are likely to face in the near future.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.