Global Resource Circulation Equipment Market to Expand at 7.50% CAGR 2013-2019, Fueled by Surge in Recycling Activities

The global economic recession of 2008-09 resulted in a significant decline in demand for resource circulation equipment. However, an upturn in end user markets since 2010 has enabled the global resource circulation equipment market to witness a steady rise in demand, states Transparency Market Research in its latest report. Titled “Resource Circulation Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019”, the report indicates that developing at a steady CAGR of 7.50% from 2013 to 2019, the global resource circulation equipment market is estimated to grow from a value of US$10.7 bn in 2012 to US$17.6 bn by 2019.

The report identifies the key factors driving and restraining the resource circulation equipment market. Significant growth in construction and industrial waste, government incentives and funding, shrinking available area for landfill, upcoming recycling facilities, and escalating need for solutions to reduce the industrial carbon footprint have all contributed towards the development of the resource circulation equipment market. In contrast, high initial investment cost and high market prices of recycled products threaten to hamper the growth of the resource circulation equipment market.

On the basis of application, the resource circulation equipment market is segmented into construction, paper, metal, agriculture, automotive, electrical and electronics, plastic and polymer, oil and gas, medical, and others. Accounting for a share of more than 20.0% in 2012, the electrical and electronics segment dominated the resource circulation equipment market in terms of revenue. This segment is driven by the growing trend of recycling in the electrical and electronics industry.

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On the basis of geography, the global resource circulation equipment market is divided into Asia Pacific, Europe, North America, and Rest of the World. North America and Europe are both leading markets for resource circulation equipment owing to stringent government and environmental regulations. In 2012, North America dominated the overall market with a 39.0% share in terms of revenue. Stringent government regulations and increasing electronic and industrial waste fuels the resource circulation equipment market in North America. The Asia Pacific market, on the other hand, is driven by the increasing focus on recycling activities.

The research report identifies Key Players within the resource circulation equipment market and assesses their performance to give clients a 360-degree perspective of the competitive landscape. The leading companies featured in the global resource circulation equipment market report are ECO Green Equipment, Alfagy, Metso, Zhejiang Feida, Foster Wheeler, ShowaDenko, Clean Burn Inc., VTT, ThermoSelect SA, Kawasaki Heavy Industries Ltd., Vecoplan AG, We Care Organics, JFE Engineering Corporation, Komptech GmBH, Wolf Material Handling Systems, and Lurgi AG. These players are profiled based on attributes such as company overview, business strategy, product portfolio, recent developments, financial overview, and SWOT analysis.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Europe takes the Lead for largest market share of automotive crankshaft market

Transparency Market Research (TMR) has recently published a market study on the Global Automotive Crankshaft Market, estimating the market to expand at a CAGR of 2.10% during the period from 2015 to 2021 and reach a market value of US$3 bn by the end of the forecast period.The research report, titled “Automotive Crankshaft Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, states that worldwide automotive crankshaft market stood at US$2.5 bn in 2014.

Growth for Global Automotive Crankshafts Market

The expansion of the worldwide automotive crankshaft market depends on the dynamics of the global automotive industry. Currently, the automotive industry is reporting an immense growth in the global arena, which is subsequently driving the global automotive crankshaft market. The huge capital required for R&D activities for the further advancement of crankshaft is, however, creating a severe challenge for the market, as per the report.The report analyzes the global automotive crankshaft market on the basis of the types of crankshafts, materials utilized, and the types of vehicles.

Types Of Automotive Crankshafts Market

Based on types, the global automotive crankshaft market is classified into the markets for flat plane crankshaft and cross plane crankshaft. The flat plane crankshaft market is leading the overall market at present. Forged steel and cast iron are the primary materials utilized to make automotive crankshaft.The markets for light commercial vehicles, heavy commercial vehicle, sports utility vehicles (SUV), multi utility vehicles (MUV), passenger vehicles, and other vehicles are the major segments of the worldwide automotive crankshaft market on the basis of vehicle types. Among these, the market for passenger vehicles is likely to register the highest growth over the forecast period.

Demand For Automotive Crankshafts Market

The increasing disposable income among middle-class consumers has led to increasing preference for passenger vehicles, thereby fuelling the demand for automotive crankshaft to a great extent. In addition to this, the global market for automotive crankshaft is projected to experience a significant demand during the forecast period, owing to the escalating demand for diesel cars and heavy commercial vehicles across the globe, the report states.

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Segmentation of the global automotive crankshaft market

North America, Asia Pacific, Europe, and the Rest of the World are the primary regional markets for automotive crankshaft. According to the report, the automotive crankshaft market in Europe led the global market in 2014 and was closely followed by the market in North America. High disposable income has raised the purchasing power of consumer in these regions, which has triggered the demand for automobiles and eventually, the demand for automotive crankshaft significantly.

Key Players :

Analysts expect these regional markets to exhibit a stable growth throughout the forecast period. It is, however, the automotive crankshaft market in Asia Pacific, which is likely to witness the highest growth in the coming years owing to the rapid rise in the automotive industry fueled by the increased affluence of consumers in this region.The growth in vehicle production in Rest of the World is also projected to support the automotive crankshaft market during the forecast period, notes the study.Bharat Forge, Amtek Auto, ThyssenKrupp, Mahindra CIE Automotive, NSI Crankshaft, Cigueñales Sanz SL, Bryant Racing, Maschinenfabrik ALFING KESSLER, Arrow Precision, and Tianrun Crankshaft are the Key Players functioning is the global automotive crankshaft market, states the market report.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

With the rise of passenger vehicles, the demand for market of crankshaft manufacturers is also set to increase globally

Transparency Market Research (TMR) has recently published a market study on the global automotive crankshaft market, estimating the market to expand at a CAGR of 2.10% during the period from 2015 to 2021 and reach a market value of US$3 bn by the end of the forecast period.The research report, titled “Automotive Crankshaft Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, states that worldwide automotive crankshaft market stood at US$2.5 bn in 2014.

The Global Automotive Crankshaft Market has been covered under the scope of this report. The rising demand for automobiles globally and the demand for high end performance vehicles has propelled the growth of companies which manufacturer’s automotive crankshafts. Crankshaft is a core element of an engine; it converts the linear motion of the pistons to rotational motion to power the wheels. These components are highly used in automobiles, industrial applications, communication sector and printer & imaging devices among others.

Global automotive crankshaft market is primarily driven by the growth in demand of automotive sector in emerging markets and increasing demand for performance engines. Automotive sectors are witnessing high demand for automotive crankshafts in developing countries such as China, India, and others. The market in these regions are mainly driven by large spending for heavy commercial vehicles and demand for high end luxury vehicles. Considering all these positive impacts, demand for automotive crankshaft is set to rise during the forecast periodfrom 2015 to 2021.

The global automotive crankshaft market has been broadly segmented into four regions, North America, Europe, Asia Pacific and RoW (Rest of the World). In terms of revenue, Europe held the largest share of the market in 2014 followed by North America. Increasing purchasing power of the consumers is also driving the market for automotive crankshaft. In addition, the increasing vehicle production in all regions of the world is also influencing the demand for the automotive crankshaft market. Machined crankshaft is becoming largely popular in the automotive crankshaft market because they are perfectly balanced, thus they are used in high end sports carst. The major concern of the industry is the huge capital that is required for research and development of crankshaft, which increases the price of the automotive crankshaft considerably.

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The global automotive crankshaft market, by vehicle types is bifurcated into six segments such as Heavy Commercial Vehicle, Light Commercial Vehicle, Passenger Vehicles, Sports Utility Vehicles, Multi Utility Vehicles and others..

Analysts expect these regional markets to exhibit a stable growth throughout the forecast period. It is, however, the automotive crankshaft market in Asia Pacific, which is likely to witness the highest growth in the coming years owing to the rapid rise in the automotive industry fueled by the increased affluence of consumers in this region.The growth in vehicle production in Rest of the World is also projected to support the automotive crankshaft market during the forecast period, notes the study.Bharat Forge, Amtek Auto, ThyssenKrupp, Mahindra CIE Automotive, NSI Crankshaft, Cigueñales Sanz SL, Bryant Racing, Maschinenfabrik ALFING KESSLER, Arrow Precision, and Tianrun Crankshaft are the Key players functioning is the global automotive crankshaft market, states the market report.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Rising Set of Applications Continues to Drive R&D in the Field of Instrumented Bearings

Latest market study offering by Transparency Market Research (TMR), the global instrumented bearing market is projected to reach a valuation of US$938.4 million by 2020. The report, titled “Instrumented Bearing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, states that the market, which had a valuation of US$523.3 million in 2013, will register an 8.6% CAGR from 2014 to 2020.

Global Instrumented Bearing Market was valued at USD 570.4 million in 2014, growing at a CAGR of 8.6% from 2014 to 2020. Bearings are machine elements that are primarily used for reducing friction between moving parts. Instrumented bearings are integrated with sensor units for measuring angular position of the rotatable ring with respect to the fixed ring of the bearing. The information collected through these sensors are used in various applications such as anti lock braking system, adaptive cruise control, tire pressure monitoring system and other industrial sectors.

The global instrumented bearing market is segmented by region into North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). The instrumented bearing market is primarily driven by increase in automobile production globally. In addition, the growing demand for instrumented bearings from defense and aerospace industry is also influencing the growth of this market. Need for energy efficiency while operating various types of machinery is also contributing to the growth in demand for instrumented bearings globally.

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Geographically, Asia Pacific led the instrumented bearing market in 2014 and the region is expected to continue its dominance in 2020. The growing demand for instrumented bearings in countries such as China, Japan, India, South Korea, Taiwan, Singapore, and Malaysia is primarily driving the Asia Pacific market. Increasing automobile production in the region is the main factor driving the Asia Pacific instrumented bearing market. In addition, growing industrialization and infrastructure development in the region is also contributing to the growth of instrumented bearing market.

The instrumented bearing market is segmented on the basis of type into instrumented ball bearing, instrumented plain bearing, instrumented roller bearing and others. Among all, instrumented ball bearing segment held the highest market revenue share in 2014 and is expected to remain so during the forecast period. Demand for instrumented ball bearings is attributed to growing application of Instrumented ball bearings in various components such as motor engines, automotive wheels, railway coaches, hard drives and consumer electronics among others.

The Key players have also been included on the basis of regions including North America, Europe, Asia Pacific and Rest of the World. Major market participants mentioned in this report include SKF Group, Schaeffler Group, The Timken Company, NTN Corporation, JTEKT Corporation, NSK Ltd., and others.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Industry Analysis Of Bathroom Vanities Market

Transparency Market Research Added A New Report "Bathroom Vanities Market" Bathroom vanities are a part of the modern-day functional bathroom. These can be classified based on the type of material used. Materials include wood, glass, metal, ceramic, and stone. Bathroom vanities comprise various types of materials depending on consumer preferences. The market is mostly driven by residential and non-residential demand. Bathroom vanities have become a necessity for people with high disposable income and an extravagant lifestyle. Currently, there is a huge demand for new housings. These include modern fittings for both modular kitchens and functional bathrooms. Increase in remodeling activities for old buildings has provided a good platform to employ bathroom vanities. Modern designs coupled with eco-friendly materials such as engineered stone, granite, and glass is expected to drive the market for bathroom vanities. Different types of plastic laminates are used in bathroom vanities. These are often decorated with lights to add to the aesthetic value.

Bathroom vanities differ depending on position of functional part, which could be floating or placed on the floor, apart from the functional part`s position the vanity contains different kind of sink. These vanities are generally used for various day-to-day activities. Bathroom vanities include cupboards that are employed for storing key items. Asia Pacific is anticipated to be the highest growing market for bathroom vanities, followed by North America and Europe. The market for bathroom vanities is expanding primarily due to the construction of new homes for residential purposes coupled with increase in the number of new non-residential construction. Furthermore, reconstruction of residential and non-residential segments is estimated to have a positive impact on the global bathroom vanities market. Moreover, increasing demand for modernized bathrooms is likely to positively affect the bathroom vanities market during the forecast period. Countries such as India and China are projected to play a major role in the bathroom vanities market due to the large number of construction activities in the region. The market in Asia Pacific is thriving due to the growing population, higher standard of living, and rising disposable income. Furthermore, development of non-residential constructions such as recreational centers, hotels, theaters, offices, and educational institutes is expected to fuel the demand for global bathroom vanities in the next few years. Countries in North America and Europe are also anticipated to play a vital role in generating demand for bathroom vanities. Countries in the Middle East, Africa, and South America are exhibiting growth in the construction and tourism industries. This is expected to have a positive impact on the bathroom vanities market in these regions. A large number of construction projects are underway in the Middle East. This is likely to create a potential market for bathroom vanities. Moreover, the booming tourism industry is anticipated to positively influence the global demand for bathroom vanities. Increasing number of tourists is likely to propel the hospitality industry. This, in turn, is projected to drive the market for bathroom vanities. The changing trend among society for better and comfort living would enhance the demand of bathroom vanity in years to come. Thus, the factors mentioned above offer bright prospects to the bathroom vanities market during the forecast period.

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Some of the major players include Houzz Inc., Kohler Co., Masco Corporation, American Woodmark Corporation, MasterBrand Cabinets Inc., Bertch Cabinet Manufacturing, BeauRegard Inc., Foremost Groups, Inc., Kohler Co., Caesarstone Sdot-Yam and RSI Home Products, Inc.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Demand for Passenger Vehicles in Asia Pacific and Europe Drives Market

Transparency Market Research (TMR) has recently published a research study on the global automotive tire market, estimating the market to expand at a CAGR of 6.80% during the period from 2015 to 2021 and reach a market value of 298.1 bn by the end of the forecast period.The research report, titled “Automotive Tire Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021’, states that worldwide automotive tire market stood at US$188.3 bn in 2014.

The automotive segment is one of the booming sectors presently and it is expected to grow significantly in the next few years prioritizing more on customer safety and comfort. With the gradual decrease of recession, the automotive sector has witnessed a strong positive growth. The tire industry is also been noticing a steady improvement in the automotive sector.

Based on the type of tire safety systems, the market is segmented into two types: radial tire and bias tire. Due to advancements in technology, the market for radial tires is growing significantly. Based on applications of tire, the market is segmented in passenger cars, light commercial vehicle, heavy commercial vehicle and two wheelers.

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Growth of the automotive sector in emerging markets will affect the global automotive tire market positively and the industry is anticipated to expand substantially in the next few years. On the basis of tire safety systems, the global automotive tire market is segmented into bias tire and radial tires. Due to advances in the technological background of radial tires, this category has recorded substantial growth in the global automotive tire market. Radial tires are used in light commercial vehicles, heavy commercial vehicles, and in passenger cars. Bias tires are used in two wheelers.

Asia pacific accounted for the largest market share in 2014, which is expected to lure heavy investment and at the same time high end research is expected to be carried out in the field of tires. In addition, Improving lifestyles, and luxury vehicle demand and changing buyer’s preferences have ensured its dominance. The Asia Pacific automotive tire market was valued at USD 81.49 billion in 2014, and is expected to be the fastest growing automotive tire market in the coming years.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

2016 : GLOBAL FORAGE SEED MARKET LATEST INDUSTRY REPORT IN DEPTH

Transparency Market Research has published a new market report titled “Global Forage Seed Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, Global Forage Seed Market is valued at USD 10,789.3 million in 2014 and is expected to reach USD 17508.5 million by 2020, growing at a CAGR of 8.4% from 2014 to 2020. In North America, the U.S. is an attractive market for forage seeds in 2014 and is expected to become the most lucrative market for these products by 2020. North America is the major market for forage seed, followed by Europe and Asia Pacific.

Forage seed market is expected to experience steady growth throughout the forecast period. These are widely used for livestock feeding to increase their protein, energy, and reproduction level. In this report, the forage seed market is categorized into alfalfa, clover, ryegrass, chicory among others including lablab, fescue. Increasing demand of forage crops for livestock feeding is one of the major factors fueling the demand for forage seeds globally. Alfalfa held the largest market share in 2013 followed by clover and ryegrass. Others including lablab, fescue is the fastest growing segment, growing at a CAGR of 12.4%. The forage seed market has experienced diversified trends across different regions including North America, Europe, Asia Pacific and RoW. Geographically, North America held the largest market share in 2013, and is expected to continue its dominance throughout the forecast period.

The global forage seed market is expected to witness stable growth owing to rising demand for forage feed for livestock. Apart from this, the economic benefits such as improved soil structure, prevention of soil erosion, crop rotation and risk diversification is also expected to boost the demand for forage seeds globally. The situation is further stimulated due to increasing growth of livestock particularly that of genetically modified animals.

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The available forages are poor in quality, deficient in available protein, energy and minerals. In order to compensate for the low productivity of the livestock, farmers maintain a large herd of animals, which adds to the pressure on land and fodder resources. In North America, the forage seed market is expected to grow significantly, due to growing demand from leading markets such as the U.S., Canada and Mexico. Currently, Asia Pacific is smaller market as compared to other developed regions. However, this market is expected to witness robust growth during the forecast period.

Global forage seed market is also segmented in terms of livestock type, namely, poultry, cattle, pork/swine and others (including aquaculture). In global forage seed market, poultry segment holds the largest market share, followed by cattle and pork/swine segment. Due to increasing demand for poultry meat and eggs, poultry farms are focusing on better quality forage seeds to improve productivity. In addition, the growing dairy industry is further contributing to the growth of forage crops that helps to increase the demand for forage seed.

Major markets such as the U.S., Canada, France, Ireland, China, India, and Brazil among others are expected to witness robust demand for forage seeds in the coming years. Forage seed market is dominated by key players such as Allied Seed, LLC, S&W Seed Company, Hancock Farm & Seed Co., and Northstar Seed Ltd. These companies supply different forage seeds through strong distribution channels.

Global forage seed market is valued at USD 10,789.3 million in 2014 and is expected to reach USD 17,508.5 million by 2020, growing at a CAGR of 8.4% from 2014 to 2020. The growth in the forage seed market is primarily attributed to growing demand for forage crops for feeding livestock in developed markets such as the U.S., Canada, France, Ireland, China and Brazil.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. 

Rising Demand of Lead Acid Batteries for UPS Systems

A new research report published by Transparency Market Research states that the Africa lead acid battery market will grow at a 5.3% CAGR during the period from 2015 to 2021. The report, titled ‘Lead Acid Battery Market - Africa Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021’, states that the Africa lead acid battery market was valued at US$708.6 mn in 2014 and is expected to be valued at US$1,014 mn by 2021. Increasing demand for lead acid batteries for UPS systems will drive the Africa lead acid battery market during the forecast period.

Due to the improvement in the economy of Africa, there has been a rise in the purchasing power of individuals. In addition, there has been immense growth in the automobile sector. The demand for passenger vehicles has increased considerably and is set to grow further in the coming years. Therefore, the production of vehicles has increased due to the rise in demand for automobiles. This has resulted in the rise of lead acid battery manufacturing, thereby driving the growth of the Africa lead acid batteries market. The use of lead acid batteries in cars, buses, trucks, trains, and airplanes is supporting its growth in Africa. Major automakers in the commercial vehicle segment are also focusing on producing hybrid and electric vehicles across different model ranges, which are set to use lead acid batteries as the power source Therefore, with the rise in demand for vehicles, the requirement for lead acid batteries is set to grow uniformly. All these factors are expected to boost the demand for lead acid batteries in the automotive sector.

The competitive advantage that lead acid batteries possess, as compared to their substitutes, is their low price. Therefore, lead acid batteries are preferred by a large number of consumers in Africa. Lead acid batteries are facing strong competition from lithium-ion batteries because there are a number of positive traits to the latter. But the price of lead acid batteries being much lower than that of lithium-ion batteries makes the former more attractive to consumers in the developing nations of Africa. There are numerous countries in Africa, which are either under-developed or developing. Therefore, the scope of affordable lead acid batteries in various application sectors is of great significance in such countries. In addition, the reliability factors of lead acid batteries are immense as they are shock and overcharge resistant and leak proof. Such notable features provide great opportunities to lead acid battery manufacturers to do business in numerous regions in Africa.

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Lead acid storage batteries have numerous applications, which range from small batteries used in hand tools to large battery structures used by electrical component companies for load leveling. Lead acid batteries used in electric vehicles need to undergo frequent and deep cycling and the batteries used for emergency lighting need to remain in ‘float’. Therefore, different type of lead acid batteries is used for specific applications depending upon the desired capacity, operating temperature, power requirements and voltage. By determining the battery’s duty cycle, its application is ascertained. The duty cycle of a battery include operating parameters of a cell in the battery. Such parameters are cycle length, discharge rates, length of time in the standby mode and depth of discharge. The duty cycle along with the parameters is included in the battery design engineering which helps to determine the type of charger to be used. The major lead acid battery applications are industrial, commercial, residential, power and automotive.

The report also provides company market share analysis of the various industry participants. Key players have been profiled and their company overview, financial overview, business strategies, SWOT analysis, and recent developments have been covered in the report. Major market participants profiled in this report include Enersys, Exide Technology, Johnson Controls Inc., Dixon batteries among others.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Brief Research & In Depth Overlook Of Foam Trays Market

According to a recent market study released by Transparency Market Research, the global foam trays market will expand at a CAGR of 3.20% from 2009 to 2021. As such, the valuation of the market will increase from US$2 bn in 2009 to US$3 bn by 2021. By volume, the global foam trays market will expand at a CAGR of 4.40% from 2009 to 2021, which will result in the market’s total volume amounting to 52.8 bn units by 2021, increasing from 31.7 bn units in 2009.The report, titled “Foam Trays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2009 - 2021”, is available for sale on the company website.

Retail market for global foam trays industry has been covered under the scope of this report. Foam trays are used for varied applications such as food service, meat packaging, test tube holder and small tools packaging among others. The low cost and convenient usage of foam trays have helped in the popularization of their applications across food packaging industry verticals.

The global foam trays market is primarily driven by the cost effectiveness of foam trays, convenience in usage and disposability. The process cycle of foam formation is less complex and consists of fewer number of phases compared to the production of plastics through the polymerization process. Moreover, labor cost involved in the production of foam is low, which in turn reduces the overall cost of production. The increasing demand for expanded polystyrene (EPS) foam trays has also been positively impacting the growth of this market. However, price based competition has been putting pressure on manufacturers to reduce foam tray prices at the cost of profit margin. Also environmental concerns have been another factor which has been restraining the growth of this market. The advent of biodegradable foam has been a good boost for the foam trays market and further technological advancements in the field of foam recycling are expected to boost the growth of the market globally, in the near future.

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The global foam trays market has been segmented into four regions: North America, Europe, Asia Pacific and RoW (Rest of the World). In 2014, North America held the largest market share, with more than 30% in terms of revenue and volume wise, Asia Pacific held the largest market share, with more than 33%. Wide acceptance of foam trays in takeaway food services, school lunch programs and organized food chains is driving the demand growth of North American foam trays market. The volume growth can be attributed to rising penetration of food service and take away food services in countries such as India, China and Indonesia among others. North America is expected to retain their leadership of foam trays market, in terms of revenue, in 2021.

The global foam trays market, by type, can be segmented into polyethylene, polypropylene, polyesters, polystyrene and others. Increasing demand for expanded polystyrene (EPS) foam trays is the major reason for polystyrene being the leading segment, in terms of both revenue and volume, in 2014.

By application type, the global foam trays market can be segmented into pharmaceutical, food packaging, industrial packaging and others. Food packaging is further divided into meat & poultry, dairy products, food service (clamshells), fruits & vegetables, bakeries and, food chains (organized). The low cost and requirement based easy customization of foam trays have increased its application in food packaging sector. Moreover, rising demand for disposable trays in food services and take away restaurants is driving the growth of global foam trays market.

Some of the leading players in the market are Sealed Air Corporation. (U.S.), Pactiv, LLC (U.S.), Anchor Packaging, Inc. (U.S.), Placon Corporation, Inc. (U.S.), D&W Fine Pack, LLC (U.S.), Coveris Holding, S.A. (Luxembourg), Genpak LLC (U.S.), Groupe Guillin SA (France), Berry Plastics Group, Inc. (U.S.), Ecopax, LLC (U.S.), Dart Container Corporation (U.S.) and Sirap Group (Italy) among others.

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Global Foam Trays Market: Key Vendors

Some of the key businesses operating in the global foam trays market include Sealed Air Corporation, Pactiv, LLC, Anchor Packaging, Inc., D&W Fine Pack, LLC, Placon Corporation, Inc., Coveris Holding, S.A., Genpak LLC, Berry Plastics Group, Inc., Ecopax, LLC, Groupe Guillin SA, Dart Container Corporation, and Sirap Group.

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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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Revamped Pharma Packaging Equipment Considered Wiser Investment by Companies in Developing Economies

Transparency Market Research, a leading market analysis and intelligence firm, has released a new report on the Global Pharmaceutical Packaging Equipment Market. The report makes use of historical data about the market and, based on granular analysis of the same, forecasts the development of the market in the coming years. The report, titled ‘Pharmaceutical Packaging Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021’, is available on the company’s website for sale.

The global market for pharmaceutical packaging equipment has been covered under the scope of this report. Packaging ensures protection of pharmaceutical products against contamination and other external factors. Pharmaceutical packaging equipment provides safety of packaged products during storage and transportation. Due to rapid improvement of packaging techniques, there has been immense development of flexible, reliable and integrated pharmaceutical packaging machineries.

The major factors fuelling the growth of global pharmaceutical packaging equipment market are expansion of pharmaceutical industry and demand for flexible and automated packaging equipment worldwide. Moreover, strict packaging regulations imposed by National Quality Forum, Food and Drug Administration and other regulatory authorities, have further raised the demand for automated and innovative packaging equipment. The market is anticipated to develop significantly in the future, owing to increasing investment for equipment manufacturing facilities in different parts of Asia Pacific. However, utilization of refurbished packaging equipment by small scale companies, primarily in developing countries such as India, Japan and Brazil, is expected to hinder the market for pharmaceutical packaging equipment during the forecast period from 2015 to 2021.

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The global pharmaceutical packaging equipment market, by product types is divided broadly into three major segments, which include solids packaging equipment, semi-solids packaging equipment and liquids packaging equipment. Liquids packaging equipment held the largest share of global pharmaceutical packaging equipment market in 2014. The major reason is attributed to increasing usage of liquid dosages by end users and demand for effective filling of liquid products with high precision and accuracy. The market for liquid packaging equipment is further segmented into eye or ear drop packaging equipment, aerosol packaging equipment and syrup packaging equipment. Furthermore, the market for solids packaging equipment is classified into tablet packaging equipment, capsule packaging equipment and powder packaging equipment. The market for semi-solids packaging equipment is broadly segmented into ointment packaging equipment and cream packaging equipment.

The global pharmaceutical packaging equipment market by package type is bifurcated into two segments: primary packaging equipment and secondary packaging equipment. Primary packaging equipment contributed to the largest market share in 2014, owing to demand for unit dosage forms. Moreover, primary packaging provides easy shelving and handling of pharmaceutical products. The market for primary packaging equipment is further divided into aseptic filling and sealing equipment, bottle filling and capping equipment, blister packaging equipment, soft tube filling and sealing equipment, sachet packaging equipment, and others. Furthermore, the market for secondary packaging equipment is classified into cartoning equipment, case packaging equipment, wrapping equipment and others.

The global pharmaceutical packaging equipment market has been segmented broadly into four regions : North America, Europe, Asia Pacific and RoW (Rest of the World). In terms of revenue, North America acquired the largest share of the market in 2014 accounting for 32.2% of the market share. Increasing investments for novel medicaments along with huge development of pharmaceutical industry can be attributed to potential utilization of pharmaceutical packaging equipment in this region.

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Some of the leading players in the pharmaceutical packaging equipment market are Korber A.G., Mg2 S.R.L., IMA S.P.A., Robert Bosch GmbH, Multivac Group, Bausch and Strobel Maschinenfabrik Ilshofen GmbHCo. Kg, Optima Packaging Group GmbH, Marchesini Group Spa, Uhlmann Group and Romaco Pharmatechnik GmbH.

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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

China Research On NEV Taxi Market

According to a new research report recently published by Transparency Market Research, the China new energy vehicle (NEV) taxi market is expected to reach US$560.5 million at the end of the forecast period between 2014 and 2020. The research report, titled ‘NEV Taxi Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020’, states that the China new energy vehicle taxi market will grow at a 36.5% CAGR.

NEV (New Energy Vehicle) taxi refers to a vehicle using unconventional vehicle fuels as a source of power, or a vehicle using conventional fuels with advanced automotive propulsion systems. Taxis in China travel around 450 kilometers on daily basis. Considering their high number and long working hours, introduction of new energy vehicle taxis in China offer an opportunity to limit fuel consumption and curb emissions.

Government support in form of financial subsidies and tax incentives coupled with advancements in battery technology are the major factors driving this market. With rapid urbanization, the number of vehicles in China has grown considerably, resulting in increased air pollution, and fuel consumption. This has necessitated the central government in China to promote the use of new energy vehicles. In spite of these growth factors, absence of comprehensive charging infrastructures and high cost of batteries have collectively inhibited the growth of NEV taxis in China.

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However, their lies tremendous opportunity for growth of new energy vehicles in China, especially, in the field of V2G (Vehicle-to-Grid) and battery swapping technology. Moreover, use of REEVs (Range Extended Electric Vehicle) is an opportunity area, especially over the next few years till the Chinese market becomes mature enough to support mass production of BEVs (Battery Electric Vehicles).

Key segments of The Electric Motors Market

China NEV Taxi Market, by Ownership

• Company owned
• Individually owned

China NEV Taxi Market, by Taxi Range:

• Short range
• Long range

In China, majority of NEV taxis are state-owned and are operated through taxi companies that receive support from the government. In 2012, company owned NEV taxis accounted for over 3/4th of the total NEV taxi market in China. With commuters preferring public vehicles over private taxis, the dominance by company-owned taxis is expected to continue over the forecast period from 2014 to 2020. In 2012, short range (80km – 150 km) NEV taxis accounted for the majority of market share. However, with advancements in battery technology, long range NEV taxis are expected to outnumber short-range NEV taxis over the forecast period from 2014 to 2020. Major industry participants include BYD Auto Co., Ltd., Anhui Jianghuai Automobile Co Ltd (JAC), Beijing Automotive Industry Holding Co., Ltd. (BAIC), Changan Automobile Co., Ltd, Beiqi Foton Motor Co., Ltd. and Dongfeng Nissan Passenger Vehicle Company among others.

Read More : http://www.tmrblog.com/2015/10/china-new-energy-vehicle-taxi-market.html

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 analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.