Technology News & Trends

The demand within the global  edible packaging market  has been rising on account of the nascence and innovative appeal of this form of packaging, finds Transparency Market Research (TMR). The competitive dynamics of the global edible packaging market largely depend on advancements in the field of food packaging. The brilliance of a handful of market vendors in the global edible packaging market has given an edge to these vendors. Furthermore, the competition amongst the top-few market players has been escalating over the past few years. This is because each of the leading vendors are eyeing a lion share of the market. Several new trends pertaining to the competitive landscape of the global edible packaging market are projected for the forthcoming years.  The global edible packaging market has lately witnessed the emergence of small-scale vendors. Although the presence of these marginal vendors cannot challenge the position of the prominent players, the latter are expected to react

The  biodegradable plastic bags and sacks market  have consolidated landscape owing to increasing strategic business activities. The key players operating in the biodegradable plastic bags and sacks market are trying to provide improved and versatile products. The players are focusing to offer high quality and biodegradable additives so as to gain more shares than other rivals. In addition, several players are indulging in strategic business activities such as mergers and acquisitions to improve their global presence. Some of the players operating into biodegradable plastic bags and sacks market include Novolex, Shabra Group, Xtex Polythene Ltd., International Plastics Inc., and Ampac Holdings LLC. According to the TMR, the biodegradable plastic bags and sacks market stood at the US$1.4075 in 2017. The market is expected to expand with a CAGR of 6.9% over the forecast period of 2017 from 2022 to reach the valuation of US$2.052 bn by the end of 2022. On the basis of type, PHA segmen

Transparency Market Research delivers key insights on the  plastic bags & sacks market  in its published report, titled “ Global Plastic Bags & Sacks Market: Industry Analysis and Opportunity Assessment, 2018–2026 ”.  In terms of revenue, the global plastic bags & sacks market is estimated to expand at a CAGR of 3.0% during the forecast period , owing to numerous factors, about which TMR offers thorough insights and forecasts in this report. Plastic bags & sacks are containers made of thin, flexible, plastic film. The plastic bags & sacks can be made up from biodegradable or non-biodegradable materials. The plastic bags & sacks are commonly used in the retail stores or supermarkets for packaging of products. The plastic bags & sacks find its application in retail & consumer, institutional services and other industrial applications. The plastic bags & sacks are also used as garbage bags or trash bags.  Request a PDF Sample of Plastic Bags &

According to a new market report published by Transparency Market Research Elevator Market   – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,”  the global elevator market was valued at US$ 59.26 Bn in 2017 and is expected to reach US$ 151.26 Bn in terms of revenue by 2026, expanding at a CAGR of 11.1% from 2018 to 2026. In terms of volume, the market stood at around 773.8 Thousand Units in 2017. Asia Pacific is projected to show the fastest growth rate during the forecast period due to the increase in number of high rise buildings and rapid urbanization.  The increasing demand for skyscrapers in the cities of Asia Pacific is helping to boost the high rise  elevator market  in the region. Factors such as increasing aging population and demand for accessible housing and infrastructure are contributing to the growth of the elevator market. Request A Sample -  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14837

Transparency Market Research recently published a report on the global  valves market . The study forecasts the market to grow steadily during the forecast period due to the rising demand from the end-use industries. The stringent government regulations across different countries have also supported the global valves market’s expansion during the forecast period of  2019  to  2027.  The rising industrialization and development of advanced solutions have also been highly instrumental in the market’s expansion states TMR. Global Valves Market is Expected TO Grow With a CAGR of 7% As per the analysis of Transparency Market Research, global valves market was valued  US$ 69.7 billion  and expected to grow with a CAGR of  7%  from  2019  to  2027  and reach the market size of  US$ 128.1 bn  in  2027. The market is highly competitive in nature with the presence of small and medium players. Major players operating in this market are adopting strategies including merger & acquisitio

The global  industrial gloves market  was recorded to have a sales value of  US$ 42.1 Bn  in  2018 . The market is expected to grow in terms of volume sales at a CAGR of  9.3%  during the period  2019-2027.  The industrial gloves market is expected to reach market size of  US$ 91.4 Bn  in  2027. Accidents at the workplace have become a significant concern, paving the way for the influx of industrial gloves. Protective gloves are used in places where workers are more susceptible to cuts, injuries, infection, and contamination. According to an article published by World Economic Forum, more than 2 million people die at work each year. Many such cases are because of lack of health and safety awareness. Industrial gloves are commonly used to protect workers from such accidents. Gloves are used in several end-use industries such as manufacturing, food and beverage, construction, automobile, and pharmaceuticals. People working in these industries require proper safety, which is pushing

Global Farm Tractors Market: Overview The global farm tractors market is growing at a healthy pace across the globe, owing to the rising innovations and advancements in its technology. The growing investments by governments across the globe in the agriculture sector in order to enhance the quantities of food produce are some of the other factors expected to accelerate the growth of the market in the near future. The research report offers a 360-degree view of the global farm tractors market, presenting insights into the primary factors that are anticipated to encourage the growth of the market in the coming years. The market dynamics, current trends, technological developments, geographical segmentation, product portfolio, and the competitive landscape of the global farm tractors market have been discussed at length in the research study to offer a clear understanding of the overall market. The information concerning the global market has been collected from several paid and unpa

Global Optical Instruments and Lenses Market: Overview The growing innovations in the production of optical instruments and lenses are leading to the use of various materials for their manufacture, which serves multiple purposes. Microscopes and telescopes were the initial types of instruments, which were used for magnifying the images of tiny objects and distant objects respectively.  The statistics presented in the research report describe comprehensive estimates of the optical instruments and lens market at both regional and global levels from 2016 to 2024. The report scrutinizes the market by different segments including type, applications, and geography. It offers insights into the factors impacting the growth of the market. The qualitative and quantitative analysis is provided for the market considering competitive landscape and development trends. Competitive profiling of the key players in the global optical instruments and lens market along with their business strategie

The  global luxury furniture market  is expected to grow notably in the upcoming years. The key players in the market are rapidly working on establishing the manufacturing units in the developing economies owing to the low initial costs and investments. Aggressive marketing techniques are being used in the entire market by most of the leading players, to create a lasting impression among the consumers. Some of the major players operating in the global market are Nella Vetrina, Muebles Pico, Laura Ashley Folding PLC, Henredon Furniture Industries Inc., Scavolini S.p.A., Giovanni Visentin srl, Turri S.r.l, Iola Furniture Ltd, and Heritage Home Group LLC. According to a recent report by Transparency Market Research (TMR), the global luxury furniture market is estimated to expand at a steady CAGR of 5.2%, during the forecast period from 2017 to 2022. The market is prognosticated to reach around worth of US$29,496.7 mn by the end of 2022, from US$22,937.6 mn back in 2017. For More

According to a new research study by Transparency Market Research (TMR), the increasing requirement of organizations to modify their business models in a bid to include frequently changing rules and regulations is fueling the demand for personal protective equipment across the world. The key players in the  global personal protective equipment market , such as Avon Rubber, 3M Co., MSA SAFETY, Ansell Ltd., National Safety Apparel, National Safety Apparel, Kimberly-Clark Corp., Uvex Safety Group, Honeywell Safety Products, COFRA Holding AG, and Rock Fall Ltd. are working consistently to meet the demand of consumers.  As per the research report, the global market for personal protective equipment market stood at US$40.4 bn in 2016. The opportunity in this market is projected to expand at a CAGR of 7.0% over the period from 2017 to 2025 and rise to US$72.08 bn by the end of the forecast period. The manufacturing industry has surfaced as the leading end user of personal protective equip

According to a new market report published by Transparency Market Research titled  “Bra Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast,  2018– 2026,” the  global bra market  was valued at US$ 24,582.4 Mn in 2017 and is expected to reach US$ 34,914.7 Mn in terms of revenue by 2026, growing at a CAGR of 4.1% from 2018 to 2026. The demand for bra has grown tremendously in recent years. Padded bra type has the highest demand in the bra market. Availability of bras in different types, colors, and pattern will drive the bra market globally. Women from all backgrounds want to try out the latest trends in the bra market. Most companies have exclusive stores in shopping malls or outlet stores. The demand for non-padded bra is expected to grow during the forecast period. Padded bra segment held the largest market share of more than 71.7% in 2017. Request a PDF Sample of Bra Market -  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&r

Transparency Market Research has published a new market research report titled  ‘ Candle Market (Type:Tea Lights, Votive, Pillars, Birthday Candles, Cartridge Candles, Wax Filled Container Candles, and Others; Raw Material: Beeswax, Stearin, Paraffin Wax, Rapeseed Wax, Palm Wax, Soy Wax, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018– 2026.’  According to the report, the  global candle market  is anticipated to reach US$ 13,619.3 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026.   Based on type, the candle market has been classified into tea lights, votive, pillars, birthday candles, cartridge candles, wax filled container candles, and others. Tea lights, votive, and wax filled container candles are expected to expand at a faster rate in the near future. Increase in usage of candles at special occasions, events, festivals etc. is anticipated to boost demand for candles. In addition, rise in popularity of scent

According to a new market report published by Transparency Market Research titled  “Power Bank Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027,”  the  global power bank market  is expected to reach a value of US$ 15,994.6 Mn by 2027. The market is estimated to expand at a CAGR of 6.5% during the forecast period from 2019 to 2027. Based on volume in units, the market stood at around 376.7 million units in 2018. In terms of region, Asia Pacific acquired greater share in the power bank market in 2018.  Rise in demand for easy and convenient charging options has helped global manufacturers to innovate with the product and to make lightweight and high charging capacity power banks. The development of smart devices has helped in driving demand for power banks. Innovations by manufacturers have also led to increased demand for the product. However, smartphones having high capacity batteries and efficient chipset in the device is the restraint whic

Docking Station Market: Introduction Transparency Market Research delivers key insights on the global docking station market. In terms of revenue, the global docking station market is estimated to expand at a CAGR of ~  5%  during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the  docking station market  report. Docking stations plays an important role in consumer products. The global docking station market is expected to witness rapid growth during the period of 2019-2027, due to the rising number of handheld devices. Increasing electronic devices containing latest technologies is driving the docking station market, globally. In this market report, TMR predicts that, the demand for docking stations is increasing in Asia Pacific. This is due to increasing technological advancements, increasing disposable income, and rising population in the region. Furthermore, the high demand for products that are safe and that c

Mining automation also known as automated mining removes humans from hazardous mining process. Mining automation automates the mining process for both surface and underground mining operation. Through mining automation it is possible to run underground mines 27/7 which increase productivity while reducing cost. Mining automation also improves worker’s safety.   European Union (EU) through its Horizon 2020 and SPARC program is focusing on autonomous underground mining. SPARC program of EU is a public-private partnership (PPP) model between euRobotics and European Commission which an objective to make Europe leader in civilian robotics technology which includes mining automation. SPARC is the largest research and development program in robotics technology in the world. SPARC program has received of ~US$ 823 (1Euro=US$ 1.18) Million funding from European Community for 2014-2020 and three times that fund from European industry (~US$ 2.5 Billion) for a total investment of ~US$ 3.3 Bill

Global Outsourcing Automotive Manufacturing Market : Overview The organizations and institutions indulged in the manufacturing of automotive and high-tech automotive have been active consumers for a very long time of outsourcing services. Logistics outsourcing and contract manufacturing are common among high-tech manufacturing firms. They were the torch bearers in the field of outsourcing automotive manufacturing and using India and China based resources for the development of application and engineering services in outsourced and captive scenarios. These type of industries are further moving aggressively towards back-office information technology outsourcing and business process outsourcing.  This industry study is an evaluation of the growth prospects and historical tract of the global outsourcing automotive manufacturing market. It deals with the assessment of the facets that are projected to sway the development of the market both negatively and positively. Further, the key t

According to the report, the  automotive telematics market  is projected to reach a value of ~ US$ 99 Bn  by 2027, expanding at a CAGR of  ~17%  during the forecast period. The automotive telematics market is likely to be driven by the rise in preference for security and safety features in vehicles.  For instance, automotive telematics is gaining popularity and is largely being demanded by consumers in the Western hemisphere. Automotive telematics helps optimize the efficiency of the vehicle and improvises the traffic flow in a specific region. It helps smoothen the management of vehicle fleet and hence, high rate of adoption among vehicle fleet owners and expansion of rental services are boosting the market for automotive telematics. Expansion of Automotive Telematics Market Market for automotive telematics is expanding significantly across all regions. Europe and North America are highly developed markets for automotive telematics, and they are estimated to expand at a notable

According to the report, the global  automotive wiring harness market  is projected to reach ~ US$ 76 Bn  by  2027 , expanding at a CAGR of ~ 5%  during the forecast period. Increasing GDP and technological advancements are major factors fueling the demand for automotive wiring harness market globally. The automotive wiring harness is undergoing an architectural revolution, owing to increase in incorporation of electronic components in vehicles, causing the weight of wiring in a car to reach nearly 150 pounds. Rising complexity of vehicles due to integration of advanced driver assistance features and automation is further boosting the use of wiring content per vehicle. This, in turn, is driving the automotive wiring harness market. Expansion of Automotive Wiring Harness Market Rapid expansion of the manufacturing industry, due to a surge in the demand from consumers, presence and expansion of vehicle manufacturers, increased adoption of advanced vehicle technologies due to increa