Oil Free Compressor Market to Witness Comprehensive Growth by 2027

 A compressor is a pre-lubricated mechanical device that operates without using oil by enhancing the pressure of a gas by reducing its volume. These are designed to operate without oil in the compression chamber. The power of an oil free compressor is measured in CFM (cubic feet per minute of intake air and HP (horsepower). As most of the industrial processes have zero tolerance towards oil in its end product, adoption of oil free compressor across the globe has been increasing. These are available with minimal number of moving parts, ensuring a long operating life with limited service interventions. This is encouraging end users to opt for oil free compressor across the globe.

Rise in demand for the cost-effective energy-efficient compressor by the end-users, dependency of end-users on oil free compressors for processing, and regulatory bodies emphasizing to maintain acceptable air quality standards for critical application are some of the key drivers of the market. Moreover, rise in construction of wide range of the industries is expected to boost the market during the forecast period. However, high price, risk associate with product handling and cost require for maintenance of oil free compressors is likely to restrain the market in the near future.

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Nevertheless, development of products with innovative design, configuration with advanced technology, enhancement of product efficiency, targeting the new industrial base and far reaching of products through convenient distribution channel are expected to offer significant opportunities to the oil free compressor market during the forecast period.

The global oil free compressor market can be segmented based on portability, type, stage, end-use, distribution channel, and region. Based on portability, the market is segmented into stationary and portable. Based on type, the market can be bifurcated into reciprocating, rotary screw, and rotary centrifugal. Based on stage, the global oil free compressor market is segmented into the single stage and two stages. Based on end-use, the global oil free compressor market can be split into food and beverage, chemical and petrochemical processing, automotive paint spraying, electronics manufacturing, healthcare, textile manufacturing, and others. In terms of distribution channel, the global oil free compressor market can be categorized into the online channel and offline channel. The online segment can be further sub-segmented into company websites and e-commerce sites.

Based on the region, the global oil free compressor market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Oil free compressor market in North America is expected to gain demand owing to strict government policies that emphasizing for energy conservation. In Europe, rise in popularity of oil free compressors among the end users owing to awareness for maintaining air quality standards, and the end user found it to be reliable in processing has fueled the usage of oil free compressors.

In Asia Pacific, robust growth in the industrial sector has propelled the demand for oil free compressors. Additionally, End users considered it to be reliable for having better performance as it found to be satisfactory in usage among the users and rise in adoption of product owing to environmental standard set by government bodies to improve air quality is likely to boost the sales of oil free compressors in the region. In Middle East & Africa, rise in penetration of wide range of industries across the region is expected to fuel the demand for oil free compressors among end-users. In South America, increase in pharmaceuticals, chemical, and food & beverages sector is expected to drive the oil free compressor market in the region during the forecast period.

Major players operating in the global oil free compressor market includes Gardner Denver Holdings, Inc., Aerzener Maschinenfabrik GmbH, Atlas Copco Group, Ingersoll-Rand plc, Powerex Inc., Howden Group, Chicago Pneumatic, Fusheng Co., Ltd., Werther International Inc., Hycomp Inc., Hitachi, Ltd., General Electric Company, and Bauer Compressors, Inc.

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

• Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
• Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
• Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
• Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

• North America, South America, and the Americas
• Asia Pacific and Japan
• Europe
• Latin America
• Middle East and Africa

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Press Machine Market to Observe Strong Development by 2031

 Press machines also known as tool setters, are used to change the shape of a work piece by the application of pressure. Press machines are widely used in industries such as automotive, food & beverage, and construction. Press machines have advanced features such as strength, sturdy design, and durability, which makes them poplar in end-use industries.

Key Drivers of the Global Press Machine Market

• Factors which are expected to drive the press machine market include rapid growth in the automotive sector and innovations in press machines. These machines are majorly used in the automotive industry for several applications, starting from stamping to producing automotive body parts. The automotive industry has registered notable growth, which will further propel the demand for press machines. This factor is expected to drive the overall market growth.

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Factors Restraining the Global Press Machine Market

• High initial cost along with high maintenance are major factors which may restrict small and medium scale industries from investing and this can gradually hamper the growth of the press machine market.

Market in Asia Pacific to Expand Rapidly

• In terms of region, the global press machine market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the press machine market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the press machine market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America press machine market is segmented into Brazil, and Rest of South America.
• North America accounted for largest share of the global press machine market due to the presence of a large aerospace sector in the region. Aerospace is one of the largest and most powerful industries in the U.S., which supplies to military aircraft, missiles, space, general aviation, and commercial airliners, and which subsequently increases the demand for press machines. This factor is majorly contributing to the growth of the press machine market in North America.
• The press machine market in Asia Pacific is projected to expand rapidly during the forecast period due to the rising automotive industry in the region. Emerging countries such as India and China hold a major share of the automotive industry, which subsequently creates opportunities for press machine manufacturers to expand in the region. This is expected to contribute toward the growth of the press machine market in the Asia Pacific region.

Key Players Operating in the Global Market

Manufacturers of press machines are focusing on becoming more proficient and developing advanced products to enhance their competitive advantage and increase their market share globally. Manufacturers are investing more on R&D activities to develop cost effective products which can help to improve their profitability.

A few of the key players operating in the global press machine market are:

• Ajax-CECO
• Amada (India) Pvt. Ltd
• Anyang Forging Press (Group) Machinery Industry Co., LTD.
• BYSTRONIC
• Eagle Bending Machines
• Jayson Machines Impex
• Lazer Safe Pty. Ltd.
• Santec Exim Pvt Ltd.
• Sumitomo Heavy Industries, Ltd.
• TRUMPF

Global Press Machine Market: Research Scope

Global Press Machine Market, by Type

• H-frame
• C-frame

Global Press Machine Market, by Mechanism

• Automatic
• Semi-automatic

Global Press Machine Market, by Operation Mode

• Manual
• Mechanical
• Electric
• Hydraulic
• Pneumatic

Global Press Machine Market, by End-use Industry

• Automotive
• Military
• Electrical
• Electronics
• Ceramics and Abrasives
• Others (Food and Beverages, etc.)

Global Press Machine Market, by Distribution Channel

• Direct Sales
• Indirect Sales

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Furnace Filter Market to Undertake Strapping Growth during 2026

 Furnace filter is a device attached to the furnace that protects the blower fan and other components from all kinds of dust, dirt, and debris from the air stream which passes through an HVAC system. By keeping such particles out of the furnace, furnace filters not only help in extending the life of the furnace motor and other components, but also improve the quality of the indoor air. While purchasing a furnace filter, MERV and MPR ratings should always be considered. MERV stands for minimum efficiency reporting value. It is a universal standard used to compare one furnace filter's efficiency with another's. MERV ratings range from 1 to 16. The higher the rating, the more number of particles the furnace filter can remove. MPR stands for microparticle performance rating that measures how efficient an air filter is in capturing particles between 0.3 and 1 micron in size, which make up 99% of the air's particulate matter.

Furnace Filter Market - Drivers and Restraints

The global furnace filter market is anticipated to grow at an exponential rate in the near future. Increasing consumer awareness regarding quality of indoor air is likely to boost the demand for furnace filters in the next few years. Increasing construction work across the globe is hampering the quality of air. This is expected to augment the demand for furnace filters. Additionally, surging incidence of air born allergies and diseases is expected to increase the demand for furnace filters during the forecast period. Furthermore, stringent emission rules set by various countries, especially the developed ones, is also projected to drive the adoption of furnace filters across the world. The emergence of e-commerce platforms has propelled the demand for furnace filters in the market. Many small and medium-sized manufacturers are using e-commerce platforms to increase their sales and reach out to larger base of customers. Less expensive furnace filters are available in the market, which are low in efficiency and cannot capture tiny dust particles. Furnace filters having higher efficiency are expensive and thus less affordable, which restraining the growth of furnace filter market.

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Furnace Filter Market - Segmentation

The global furnace filter market can be segmented based on filter category, filter type, end-user, distribution channel, and geography. According to filter category, the global furnace filter market can be categorized into fixed and replaceable furnace filters. By type, the furnace filter market can be bifurcated into electrostatic, pleated, fiberglass, and High Efficiency Particulate (HEPA) filters. Electrostatically charged furnace filters are made from polyester or cotton fibers that are capable of tapping potentially harmful small particles. Another advantage of electrostatically charged furnace filters is that, they charge themselves when air passes through them. Pleated furnace filters are made from environment-friendly materials and help in trapping tiny particles such as mites and spores. Fiberglass furnace filters are widely used owing to their affordability. They help in capturing large dust particles from running through the furnace. Base on end-user, the global furnace filters can be segmented into residential, commercial, and industrial. Geographically, the global furnace filter market can be divided into Europe, North America, Asia Pacific, South America and Middle East. 

Furnace Filter Market - Key Players

Prominent players operating in the global furnace filter market include Honeywell International, Inc. (the U.S.), Clarcor Air Filtration Products Inc. (the U.S.), 3M Company (the U.S.), American Air Filter Company, Inc. (the U.S.), Camfil USA Inc. (the U.S.), Koch Filter Corporation (the U.S.), Precision Filtration Products (the U.S.), Tri-Dim Filter Corporation (the U.S.), Aeolus Corp (the U.S.) and Smith Filter Corporation (the U.S.). Players contest with each other with respect to new technological advancements, product designs, etc. in order to attain competitive edge in the market. 

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

• Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
• Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
• Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
• Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=61929&ltype=S

The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

• North America, South America, and the Americas
• Asia Pacific and Japan
• Europe
• Latin America
• Middle East and Africa

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

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Regenerative Blower Market Projected To Garner Significant Revenues By 2026

 Regenerative Blower is air handling equipment, it is useful for moving large volumes of air at vacuums or at lower pressure. It is different from machines which uses a positive displacement by trapping air and then forcing it to move, indeed regenerative blower uses the non-positive displacement method to generate air molecules and further to create pressure or vacuums. In which, regenerative blower pull some air via air inlet and that air is passed over blades of impeller, further impeller accelerate the air and that result in high pressure. Further, this pressurized air or gas is discharged through the exhaust outlet. In this process, motor or engine is used in regenerative blower for rotation of impeller and it is directly connected to shaft of motor, while providing powerful force without any friction. The blower shares bearing with motor and it is placed outside the chamber to deliver high operational reliability under high pressure environment. The regenerative blower is easy to maintain as it is self-lubricating, in other word’s it does not use oil for lubrication. These oil free blowers plays important role in some industries like food & beverage as well as health & hospitals to maintain oil free environment. The benefits of regenerative blower include robust & efficient performance, low noise level, horizontal & vertical mounted positions, compact & lightweight design. Moreover, it is very quiet and create very less vibrations.

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The regenerative blowers have many applications in food industry such as drying food and beverage, automatic bottling machines, as well as to handle fragile food. These are also used to move soft fruits or eggs into packaging. Besides, regenerative blower’s most common application in air knife blower system, all this factors expected to escalate usage of regenerative blowers, conclusively anticipated to drive the global regenerative blower market during forecast period. Limited water resource and governments initiatives to waste water treatments expected positively influence the global regenerative blower market during forecast period. The advantages of regenerative blowers such as less maintenance, robust design, useful to remove dust or smoke are making them well suited for chemical, fertilizers and other industries expected to contribute to growth of global regenerative blower market during forecast period. 

The global regenerative blower market has been segmented based on stages, end use industry, and region. Based on stages, the global regenerative blower market can be segmented into, single stage, two stage, three stage and others. Out of this, single stage blower anticipated to accounts for larger share of the global regenerative blower market. Based on end use, the market can be segmented into food & beverage, chemical, medical &pharmaceutical, woodworking, water & waste water treatment, oil & gas, industrial and others. In terms of geography, the global regenerative blower market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. 

Key players operating in the global regenerative blower market include Hitachi Limited, Busch LLC, Gardner Denver, Elektror Airsystems, Atlnatic Blowers, Gast Manufacturing, Becker Pump Corporation, The Spencer Turbine Company, Ametek Inc., KNB Corporation, Air control Industries. Dust control AB, Airtech Air Systems Ltd, Rexchip Blowers, Chaun Fan Electric Co. and among others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product development. The report provides an in-depth analysis about the strategic business activities along with the market dynamics shaping the global regenerative blower market over the period of study.

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.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

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Rail Mounted Gantry Crane Market to Record an Exponential CAGR by 2026

 Rail mounted gantry cranes are a type of crane that utilizes rail track for its movement in a yard. Rail mounted gantry cranes are mounted over wheels made of metal. Rail mounted gantry cranes, also known as rail gantry cranes, are utilized to move and load-unload large containers in dockyards and rail yards. They are capable of handling large and heavy containers up to a considerable height. Rail mounted gantry cranes are powered by electricity.

The global rail mounted gantry crane market is primarily driven by an increase in transportation of goods and products globally. Rise in population, increase in per capita income of individuals, and surge in production capabilities are fueling the demand for food and beverages, vehicles, daily goods, home appliances, electronic products, and several other products, which in turn leads to their transportation via sea routes across the globe and via rail roads at intra-country and intra-continent level.

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Rubber mounted gantry cranes are capable of handling lighter loads, as compared to those handled by rail mounted gantry cranes. This, in turn, is fueling the demand for rail mounted gantry cranes. Moreover, rail mounted gantry cranes offer several advantages, such as increase in productivity due to faster operation, ease off maneuverability, flexibility of construction, and ability to handle large sizes and loads of containers, which is driving the global rail mounted gantry crane market.

High cost of construction and constraints about movement, as it utilizes rail tracks for movement, are key restraints of global rail mounted gantry crane market is its.

The global rail mounted gantry carne market can be segmented based on load carrying capacity, type, components, autonomy, and region. Based on load carrying capacity, the global rail mounted gantry crane market can be classified into three segments. Medium and high capacity rail mounted gantry cranes are widely utilized at rail yards and sea yards, where they are utilized to load-unload and move large containers.

In terms of type, the global rail mounted gantry crane market can be bifurcated into cantilever type and non-cantilever type. Cantilever type rail mounted gantry cranes are utilized for the movement of heavy cargo, such as large volume of metals, coal, and piece cargos. Based on components, the global rail mounted gantry crane market can be segregated into eight segments. Main beams, lifting mechanism, and rigid and flexible supporting legs are key components of rail mounted gantry cranes.

In terms of autonomy, the global rail mounted gantry crane market can be split into manual and autonomous gantry cranes. The autonomous gantry cranes segment is expanding, which is primarily attributed to technological advancements, increase in disposable income, and lack of labor.

Based on region, the global rail mounted gantry crane market can be segmented into five regions. North America comprises countries that are prominent importers and exporters globally, and hence, rail mounted gantry cranes are highly popular across North America. Container transporting companies prefer rail mounted gantry cranes in order to enhance productivity and compensate for a lack of labor. North America is followed by Asia Pacific, where import and export activities of commodities and food & beverage is increasing at a significant pace. Moreover, large production and export of automobiles is fueling the demand for rail mounted gantry cranes across Asia Pacific.

Key players operating in the global rail mounted gantry crane market are Konecranes, Liebherr-International Deutschland GmbH, SANY GROUP, AIMIX GROUP CO.,LTD., Dongqui Group, Zhengzhou Ellsen Machinery Equipment Co., Ltd, SAFEX INDUSTRIES LIMITED, Henan Dafang Heavy Machine Co., Ltd., Shanghai Yingji Crane Co., Ltd, and Cargotec.

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

• Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
• Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
• Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
• Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=64583&ltype=S

The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

• North America, South America, and the Americas
• Asia Pacific and Japan
• Europe
• Latin America
• Middle East and Africa

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

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Windshield Washer Fluid Market to Witness Comprehensive Growth by 2027

 The windshield washer fluid, also known as wiper fluid, is primarily utilized to clean the windshield of the vehicle. Windshield washer fluid clears salt, dirt, insects, and dust, as well as snow from the windshield of the car. The wiper fluid is highly inflammable and hence, it is kept in a separate cabinet or secure room in order to avoid accidents. Furthermore, a closed container and proper ventilation system is required to use of the wiper fluid. Different types of wiper fluids according to the application, such as anti-freeze windshield washer fluid and water-repellent windshield washer fluid.

North America and Europe experience considerable snow fall in winter, which affects the visibility of drivers. Not all types of windshield wiper fluids are effective to remove snow and hence, the demand for specific windshield wiper fluid is high in these regions. This, in turn, is anticipated to propel the global windshield wiper fluid market for automotive during the forecast period. Furthermore, increase in vehicle production due to rapid industrialization and expansion of the e-commerce industry are likely to offer significant opportunities to the global windshield wiper fluid market during the forecast period. Characteristics such as grease elimination, removal of dirt and mud, visibility improvement, fast drying ability coupled with consumer focus on vehicle maintenance and safety are likely to propel the windshield wiper fluid market for automotive during the forecast period.

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The global windshield washer fluid market for automotive can be segmented based on type, end-use, vehicle type, and region. Based on type, the windshield washer fluid market for automotive can be classified into anti-freeze windshield washer fluid, water-repellent windshield washer fluid, bug-repellent windshield washer fluid, de-ice windshield washer fluid, and other. Regular windshield wiper fluid is unable to clean the windshield properly in snow and hence, a dedicated formulated windshield wiper fluid is required. Demand for de-ice windshield washer fluid is likely to rise in North America and Europe owing to the severe winters experienced in these regions.

In terms of end-use, the windshield washer fluid market for automotive can be segregated into maintenance shop and personal. Several consumers prefer to maintenance shops to maintain their vehicles and hence, the demand for windshield wiper fluid is likely to be high in maintenance shops.

In terms of vehicle type, the windshield washer fluid market for automotive can be bifurcated into passenger vehicle and commercial vehicle. The passenger vehicle segment is anticipated to dominate the windshield wiper fluid market for automotive during the forecast period. Production of passenger vehicles is rising owing to increase in per capita income, availability of loan at a lower interest rate, and rapid urbanization. Furthermore, increase in usage of commercial vehicles in the e-commerce industry is likely to propel the commercial vehicle segment, which in turn is likely boost the windshield washer fluid market for automotive during the forecast period.

In terms of region, the windshield washer fluid market for automotive can be classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in Asia Pacific is estimated to expand significantly during the forecast period. Presence of major automotive manufacturers along with an increase in awareness about vehicle maintenance is likely to propel the windshield washer fluid market for automotive during the forecast period.

Key players operating in the windshield washer fluid market for automotive are Nemco Lubricants, SPLASH Products Inc., ADVANCE PETROCHEMICALS LTD., and PROFLEET.

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

• Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

• North America, South America, and the Americas
• Asia Pacific and Japan
• Europe
• Latin America
• Middle East and Africa

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Automotive Wide Base Tire Market to Witness Exponential Growth by 2026

 Wide base tires are utilized in trucks and trailers that are used for the transport of heavy goods and equipment. Wide base tires are also known as super singles. Generally, trucks and trailers utilized for the transport of heavy goods have two pairs of wheels on each rear axle, which may lead to tire mismatch and can hamper the fuel-efficiency of the vehicle. The wide base tire eliminates the necessity of using two wheels on each side of the axle, thus reduces the overall vehicle weight as well as the need for wheel maintenance.

Using a wide base tire instead of a pair of small tires enhances the vehicle efficiency by 2% to 5%, which is primarily driving the global automotive wide base tire market. Moreover, a wide base tire reduces tire wear, offer smooth ride, reduces rolling resistance due to 10% to 15% less contact area as compared to that of a pair of tires, and reduces the overall weight of the vehicle coupled with an increase in payload. These factors are propelling the global automotive wide base tire market. Rapid expansion of the transportation industry due to expansion of agriculture, industrial, construction, and automotive sectors is fueling the demand for trucks and trailers that offer superior performance and possess higher capacity. Moreover, stringent emission norms implemented by governing bodies coupled with raised awareness among vehicle manufacturers and consumers is fueling the demand for advanced vehicle solutions, which in turn is driving the demand for wide base tires across the globe.

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The global automotive wide base tire market is primarily restrained by its high price. The price of a single wide base tire is higher than that of using dual tires and hence, several fleet operators and vehicle manufacturers do not prefer them. Moreover, lack of availability of wide base tires due to lack of presence of manufacturers is restraining the global automotive wide base tire market.

The global automotive wide base tire market can be segmented based on application, size, tire type, sales channel, and region. In terms of application, the global automotive wide base tire market can be classified into four segments. Truck fleet operators have a prime concern about vehicles efficiency and hence, the rate of adoption of advanced vehicle technologies among them is considerable high. Therefore, the truck segment is estimated to dominate the market. The rate of adoption of wide base tires in tractors is also rising.

Based on size, the global automotive wide base tire market can be segregated into three segments. The width size varies according to application of the tire and type of surface they are driven on. Tire width between 435 and 465 are extensively utilized for trucks.

In terms of tire type, the global automotive wide base tire market can be bifurcated into radial tires and bias tires. Radial tires are being widely employed owing to their rigid construction, longer lifespan, and higher performance characteristics. Based on sales channel, the global automotive wide base tire market can be bifurcated into OEM and aftermarket. However, wide base tires are not preferred in the aftermarket due to their higher price as compared to that of conventional dual tires. Therefore, the OEM segment is projected to dominate the market during the forecast period.

The global automotive wide base tire market can be segmented into five geographical regions. North America has always been at the forefront in the adoption of advanced automotive technology. Moreover, vast mining, oil & gas, and agriculture sectors, and rapid expansion of the construction industry in North America have boosted the demand for heavy trucks and tractors in the region. Furthermore, raised awareness among fleet operators and truck and tractor manufacturers about advance automotive technologies, presence of wide base tire manufacturers, and implementation of stringent emission norms by governing bodies are fueling the demand for wide base tires across the region.

Key players operating in the global automotive wide base tire market are Continental Ag, MICHELIN, Bridgestone Corporation, The Goodyear Tire & Rubber Company, Yokohama Tire Corporation, BFGoodrich INC., Hankook Tire, Artic Investments S.A., and Giti Tire. MICHELIN introduced wide base tires for the first time in 2000 in the market.

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.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
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• Technological breakthroughs
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The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

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Research Report on Smart Toys Market for Exploring Various Growth Dimensions

 Gone are the days when kids felt satisfied with boards games and cards. LEGO spaceships and Monopoly are therefore not as charming as they were some ten years back. Today, they crave for interactive experiences and it is not surprising considering that about 90% of children below the age of two know how to use a smartphones or tablet.

Thus, it does not come as a surprise that market is set to demonstrate a steady CAGR (Compound Annual Growth Rate), creating new growth opportunities in the smart toys market and helping it grow its worth.

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It is noteworthy here that smart toys are not just a pleasure for kids in this day and age but also a tool for parents to monitor them from remote locations.

North America and Europe will be dominant markets and Asia-Pacific will present untapped opportunities of growth owing to increase in disposable incomes and improving levels of technology adoption.

Competitive Landscape of Global Smart Toys Market to be Fragmented

It is also noteworthy here that the market is partially fragmented and some of the most prominent players include Leka, Sphero, Sony and Mattel. The market is seeing players entering into strategic collaborations. In order to maintain edge over competitors. For instance, this year Mattel joined hands with Pixar Animation Studios to make use of upcoming releases. It already put to good use the epochal blockbuster, Toy Story 4 by eking out sales of about1% in its second quarter. A trend now seems to be emerging. Hasbro and Sony prepare to launch Ghostbuster series of smart toys. And, it is pertinent to note that it is in advance of release of Ghostbusters 2020.

STEM Toys Driving Demand for Smart Toys Market

Science, Technology, Engineering, and Mathematics toys are seeing a massive increase in adoption. Last year (2018), they saw a 23% increase in terms of sales and make 1% if the United States toy industry.  This can be considered a result of parents wanting to combine education with some play. Besides even in schools, this combination is winning people to its side with much ease. And. It is not surprising considering that it is brilliant to make chemistry look fun through art and colors – something Crayola Chemistry Set makes a reality. It includes some 50 sets of experiments in science. Not to forget here, smart toys can be used as monitors for parents working in distant locations.

The details have been picked from a TMR report titled, “Smart Toys Market (Toy Type – App – Enabled Mechanical, Voice or Image Recognition, Screenless, Toy-to-Life, Puzzles and Building Games, and Health Tracking or Wearables; Interfacing Device – Smartphones, Tablets, Consoles, and Drones; Wireless Communications Technology – Wi-Fi, Bluetooth, and RFID or NFC) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2022”.

The report is segmented as presented below:

By Product Type:

• App-enabled Mechanical
• Voice or Image Recognition
• Screenless
• Toy-to-Life
• Puzzles and Building Games
• Health Tracking or Wearables

By Interfacing Devices:

• Smartphones
• Tablets
• Puzzles and Building Games
• Health Tracking or Wearables

By Wireless Communication Technology

• Wi-Fi
• Bluetooth
• RFID or NFC

By Geography

• North America
• Europe
• Asia-Pacific
• Middle-East and Africa
• Latin America

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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3D Printing Market Pegged For Robust Expansion During 2025

 A highly competitive landscape is showcased by the global 3D printing plastics market, says Transparency Market Research on the basis of a newly published report. Such competition mainly exists due to the presence of numerous players in the market. Some of the major players operating in the global 3D printing market are Solidscape, Inc., Stratasys, Ltd., EOS GmbH, Concept Laser GmbH, Arcam AB, Voxeljet Technology GmbH, SLM Solutions GmbH, and ExOne GmbH. The competition is prophesized to further intensify with an increase in the number of players in the global 3D printing market.

Most regional players face stiff competition from the more renowned and international businesses in this sector. Several companies are working towards improving their product portfolios and expanding their geographical horizons in the global 3D printing market. With technological development taking place through several players coupled with an increase in the number of players, the global dental 3D printing market is expected to showcase a highly intensified competition in the near future.

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As per expert analysts, the global 3D printing market is expected to garner revenue worth US$32.3 bn by 2025. This figure was earlier clocked at US$7.3 bn in 2016. Moreover, such growth is attributable to the presence of a meteoric CAGR of 18% prophesized to occur during the forecast period from 2016 to 2025.

Increasing Number of Applications for 3D Printed Products Propels Market Expansion

3D printing offers an immense number of benefits such as sturdiness, attractive designs, enhanced quality of products, and more. Due to these benefits, the demand for the products is quite high, thereby stoking growth in the global 3D printing market. Moreover, several favorable initiatives from governments and other manufacturing organization to increase awareness about the availability of 3D printed products too is fueling expansion in the market.

A major reason for driving growth in the global 3D printing market involves a rampant increase in its applications in various fields. Ranging from automobiles and healthcare to consumer commodities and aerospace, the requirement for quality components can easily be met through the use of 3D printing technologies. Many companies are focusing on using new materials as well as investing in developing better technologies, thus making the global 3D printing market spurt growth at a splendid pace. As players focus on regulating product prices and improving their sales techniques, the 3D printing industry is prophesized to see a great future.

Highly Complex Nature of 3D Printing Stumps Use of the Technology

In spite of these growth driving factors, the global 3D printing market witnesses several bumps in its journey towards expansion. The predominant complexity of machines used for printing the object makes only specifically qualified personnel work on it. Due to such a lack of skillsets among common workers, the global 3D printing market is not spread across all major geographical extents over the globe. Bundled with high costs and raw fluctuation in raw material availability, several players find it hard to thrive in the 3D printing market.

However, looking at the way 3D printed objects and components has simplified the operations in different work sectors, most restraints affecting the 3D printing market are expected to get lifted off soon. Moreover, 3D printing enables users to highly customize their products, a feature which is missing in other manufacturing techniques. With increasing occurrences for “the new thing in town’ scenario, a requirement that can be fulfilled through 3D printing, the saleable aspect of this technology cannot be underestimated in the global 3D printing market.

This review is based on a TMR report, titled “3D Printing Market (Use - Commercial and Personal; Technology - PolyJet, Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), and Stereolithography (SLA); By Application - Consumer Products and Electronics, Automotive, Medical, Industrial, Aerospace, Military & Defense, Architecture, and Education) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

Key segments of the global 3D printing market are:

Use

• Commercial
• Personal

Technology

• PolyJet
• Fused Deposition Modeling (FDM)
• Selective Laser Sintering (SLS)
• Stereolithography (SLA)
• Others

Application

• Consumer products and electronics
• Automotive
• Medical
• Industrial or business machines
• Aerospace
• Military & Defense
• Architecture
• Education
• Others

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About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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Mobile Phones Packaging Market to Partake Significant Development during 2027

 The global mobile phones packaging market is characterized by the presence of many small players, of which the majority of them are based in Asia Pacific, states a recent research report by Transparency Market Research (TMR). Players within the market are catering to the needs of the global brands which source local packaging materials for mobile phones. Players within the market are also focused on strengthening their channels by obtaining standard certifications in order to have a competitive edge among others as well as to increase the chances of being preferred by global clients. The global mobile phone packaging market is highly fragmented and the total shares held by the top 20 companies are just 15% of the total market.

According to Transparency Market Research (TMR), the global mobile phones packaging market is anticipated to rise from US$3,715.3 mn in 2016 to US$8,055.1 mn by 2027

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On the basis of packaging type, the folding cartons segment holds significant shares on account of the high preference for this packaging for mid-range mobile phones. However, it is anticipated that the rigid boxes segment will hold leading position during the period from 2017 to 2027. Thermoformed blisters will also emerge as a key packaging type in the years to come on account of the increasing investment in bespoke packaging. The growing need for customization and the pressure of offering differentiation will influence the demand for thermoformed blisters mobile phone packaging market. By material type, currently the paperboard segment is leading as it can be recycled and is environmentally sustainable.

Asia Pacific to Lead while North America to Witness Sluggish Growth

On the basis of geography, it is estimated that Asia Pacific will continue to lead on account of the high growth rate in India and other nations in Southeast Asia. The European market will be driven by countries such as Italy, the U.K, Germany, and Russia and will expand at a 4.1% CAGR during the forecast period from 2017 to 2027. North America, on the other hand is anticipated to witness a sluggish growth during the forecast period. 

Growing Realization of Importance of Packaging for Branding and Marketing Purpose Driving Demand

As per the lead author of this report, the global mobile phone packaging market is mainly driven by heightened sales of mobile handsets, charger, USB cables, headphones, manuals, and any other complementary accessories which are offered at the time of mobile handset purchase. In order to support branding objectives, mobile phone manufacturers are increasingly focused on providing the customers with good quality packaging and this will boost the growth of mobile phone packaging market. Mobile phone packaging not only protects the gadget within but also helps in branding and marketing purposes. Thus, an increasing number of mobile phone manufacturers are ensuring that they make use of quality packaging solutions so that their mobile phone and brand stand out in retail stores driving the sales. Players within the market are striving to achieve innovation in terms of design while maintaining a reasonable cost. In recent times, variable data printing (VDP) has risen in popularity. VDP has emerged as a marketing tool which allows packaging information to be personalized as per target customers or an individual customer. 

The review presented here is based on the findings of a report by Transparency Market Research, titled “Mobile Phones Packaging Market (Packaging Type - Rigid Boxes, Folding Cartons, Flexible Films, Insert Trays, and Thermoformed Blisters; Material Type - Paperboard, Plastics (Polyethylene terephthalate, Polyvinyl chloride, and Polyethylene), and Molded Fiber; Application - Smart Phones, Feature Phones, and Refurbished Phones) - Global Industry Analysis and Forecast 2017 - 2027.”

The global mobile phones packaging market is segmented as follows:

By Packaging Type

• Rigid Boxes
• Folding Cartons
• Flexible Films
• Insert Trays
• Thermoformed Blisters
• Others

By Material Type

• Paperboard
• Plastics
  • Polyethylene terephthalate (PET)
  • Poly vinyl chloride (PVC)
  • Polyethylene (PE)
  • Others Plastics
• Molded Fiber

By Application Type

• Smart Phones
• Feature Phones
• Refurbished Phones
• Other Specialty Phones

By Region

• North America
• Latin America
• Europe
• Middles East and Africa (MEA)
• Asia Pacific (APAC)

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Electric Shavers Market Projected To Garner Significant Revenues By 2024

 Grooming is one of the basic manner that every individual is specifically focusing on. Be it how they look or how the dress themselves up, people are extremely cautious these days about their looks and appearance. This has stimulated the business for several companies that are dealing in this industry. These businesses are developing new tools, devices, clothes that can give the consumer a makeover and their business a significant boost. One device in particular is gaining major traction in grooming domain i.e electric shaver. These electric power reduce the time consumed in trimming the beard or removing unwanted hairs from the body. Looking at the popularity, Transparency Market Research has published a report on global electric shavers market.

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According to report, the global electric shavers market is projected to witness a substantial 5.7% CAGR between 2016 and 2024. This growth rate is the result of, various players capturing the opportunities that the market offers. With the businesses advancing in global electric shavers market, it is anticipated by the experts that the market shall reach to a value of US$ 17.72 bn by the end of 2024. It is noticeable that the global electric shavers market stood strong at US$ 10.8 bn at the end of 2015.

This implies that the players in the global electric shavers market have a bright future ahead of them.

Sustainability Path Not an Easy Task

Though there are several opportunities in the global electric shavers market, it is not easy for new players to enter the global electric shavers market. This is because the market is predominantly consolidated. This is because the dynamics of the market is dominated by few prominent players that hold majority of the share of global electric shavers market.

To overcome these challenges, the new players are merging and partnering with some of the prominent players. These strategies are allowing the players to accommodate essential resources that can help them achieve a sustainable future in the competitive landscape of global electric shavers market.

On the flip side, the veterans of the market are focusing and investing on acquisitions. These acquisitions help the businesses to expand their operations in multiple regions along with boosting their production capacity. Acquisitions also allow the players to gain access to the resources of the acquired business that can help them strengthen their grip over global electric shavers market in the projected time frame.

Product Category to Be Dominated by Clippers Segment

On the basis of product type, the global electric shavers market is segmented into clippers, wet/dry shavers, shavers, and rotary shavers. Out of these segments, the clippers are anticipated to emerge as a dominant segment during the forecast period. The dominance of the segment is the result of downfall in the prices of these instruments and growing preference towards personal grooming. These factors have surged the demand for electric clippers across the globe, as a result, the clippers are expected to dominate the global electric shavers market during the forecast period of 2016 2024. The segment is expected to account for 71.37% from 2016 to 2024.

Asia Pacific to Dominate the Regional Domain

Although Europe held major share in the global electric shavers market, approximately 40% of total share. However, currently Asia Pacific is the fastest emerging region for the players of global electric shavers market. This is because of the rising disposable income of the people in countries like India and China. These people are spending more on personal grooming and hence Asia Pacific is projected to be the most lucrative region for the businesses in global electric shavers market between 2016 and 2024.

The study presented here is based on a report by Transparency Market Research (TMR), titled, “Electric Shavers Market (Product - Foil Shaver, Rotary Shaver, Wet/Dry Shaver, and Clippers & Accessories; Distribution Channel - Health & Beauty Stores, General Merchandising/Mass Stores, and Supermarkets & Hypermarkets; End Use - Male and Female) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”

The global electric shavers market is segmented into:

• Product Type
  • Foil Shavers
  • Rotary Shavers
  • Wet/Dry Shavers
  • Accessories
  • Clippers
• Distribution Channel
  • Health & Beauty Stores
  • General Merchandising/Mass Stores
  • Supermarkets & Hypermarkets
  • Others
  • End Use
  • Male
  • Female

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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