Insulation for healthcare and hospitals Market Revenue Predicted to Go Up by 2025

Insulation for healthcare and hospitals Market: Introduction

Insulation for healthcare and hospitals is employed in order to achieve comfort and safety for its occupants. Insulation for healthcare and hospitals is very necessary for the audience present in it such as patients, doctors, visitors, etc., as this sector contains energy-intensive systems and needs an ambience free from regular noise and dim, shielding from radioactive and electromagnetic emissions generated by scanning and diagnostic equipment. Additionally, Insulation for healthcare and hospitals is very necessary as it has a more energy impact as most of the hospitals operate 24 hours .

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Moreover, maintaining IAQ (Indoor Air Quality) of the building is very important and healthy for some healthcare buildings such as hospitals and clinics. Bad IAQ can have a bad impact on the health of occupants of the hospital's buildings, it can cause lack of concentration, nausea, headaches, fatigue, dizziness, drowsiness, respiratory diseases (bronchitis, asthma, etc.), nose, ear, eye and throat irritation, etc. Also, all the healthcare and hospitals buildings contain a major amount of condensate piping and steam supply. As, these buildings use steam for humidification, sterilization, and laundry facilities, therefore Insulation for healthcare and hospitals is necessary. It is used for the insulation and protecting the healthcare and hospitals building from air, sound, water, and dust.

Insulation for healthcare and hospitals has various advantages such as it can maximize the energy efficiency, minimize the overhead costs, reduce noise between the rooms and level, enhance the HVAC systems performances, improve the life of HVAC systems, minimize the carbon emission, etc. Additionally, the product life of insulation for healthcare and hospitals is very long, and it provides a healthier environment for the hospitals.

Insulation for healthcare and hospitals Market: Market Dynamics

Rapidly increasing infrastructure, building, and construction, awareness towards safety and hygiene in many hospitals lead to drive the market of Insulation for healthcare and hospitals. Additionally, some characteristics of the product such as it can increase the energy efficiency, minimize the overhead cost, long product life, improve HVAC systems performance, and provide a healthy environment in the hospitals will also act as the drivers for the Insulation for healthcare and hospitals market. On the other hand, the high cost of the product and high labor cost incurred during the installation of Insulation for healthcare and hospitals may consider as a hindrance to the market. However, increasing construction of high technology hospitals in tier 1 cities of all the regions and adoption of this solution in these hospitals may arise the good opportunity for the growth of Insulation for healthcare and hospitals market.

Insulation for healthcare and hospitals Market: Segmentation

• Market segmentation of the Insulation for healthcare and hospitals market on the basis of its product type:
  • Fiberglass Insulation
  • Cellulose Insulation
  • Radiant Barrier Insulation
  • Faced Insulation
  • Other
• Market segmentation of the Insulation for healthcare and hospitals market on the basis of its material:
  • Radiant barrier
  • Fiberglass
  • Cellulose
  • Acoustical ceiling tiles

Insulation for healthcare and hospitals Market: Regional Outlook

Europe region dominates the market of Insulation for healthcare and hospitals, in terms of both value and volume in 2016, followed by Asia Pacific and North America. However, over the forecast period, Asia Pacific region is expected to lead the market by growing at comparatively high CAGR and capture significant market shares of the Insulation for healthcare and hospitals market, followed by the Middle East and Africa region and Latin America region. The Middle East and Africa region and Latin America region are anticipated to grow at the lucrative rate of growth, owing to the development and awareness towards safety in the sector. This is owing to the reason that Europe and North America regions are mature markets as compared to other developing regions such as Asia Pacific, the Middle East and Africa and Latin America.

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 Insulation for healthcare and hospitals Market: Market Participants

Examples of some of the market participants in the Insulation for healthcare and hospitals market identified across the value chain are Armacell, CertainTeed, Old Dominion Insulation, CSR Bradford, Aerofoam, Chaparral Insulation Company, Carel, PPO Elektroniikka, SoundCoustic, Callan Insulation, Rilmac Healthcare Services, TP3 Global, etc.

Nonylphenol Market is Progressing Towards a Strong Growth by 2025

Nonylphenol Market: Introduction

Nonylphenol is an organic compound which belongs to the category of alkylphenol group. Nonylphenol is a colorless to pale yellow, viscous liquid, having a characteristic smell. Generally, Nonylphenol is manufactured by the alkylation between phenol and nonenes mixture in presence of acid catalyst. Nonylphenol can be the branch or linear chain compound, however, branched Nonylphenol are industrially preferred and depend upon the attachment of nonyl group to phenol i.e. on 2 or 4 (para) position, Nonylphenol are categorized. Nonylphenol is also further processed in order to produce nonylphenol ethoxylates (NPE) which is non-ionic in nature owing to which it is predominantly used as emulsifiers, detergents, antioxidant, cleaners and in several other industrial application.

Furthermore, Nonylphenols are used as chemical intermediate/ precursor in the manufacturing of phenolic oximes, phenolic resins, epoxy resins, paints, additives for tire industry and for the mining industry, among others. However, half-life period of Nonylphenol is around 60 years that indicate the slow rate of Nonylphenol degradation. As, many products such as detergent, soap, etc. contain Nonylphenol owing to which even in sewage treated water contained Nonylphenol that further accumulated in agriculture land and caused an effect on its fertility. Thus, many countries have restricted limits for the Nonylphenol amount in the manufacturing. 

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Nonylphenol Market: Dynamics

Growing demand for the detergent/ surfactant in various end-use industries as well as in domestic application across the globe is expected to drive the demand for the Nonylphenol. Being the major precursor compound for the resins manufacturing coupled with the growing market of polymer and plastic that subsequently resulted in increase in demand for Nonylphenol. Furthermore, increasing per capita expenditure and the personal care and cosmetic products wherein the Nonylphenol compounds are used in manufacturing, in turn, boost the market demand.

Apart from this, government regulations in the developed region such as in Europe and US and initiative for the sustainability development that leads to increasing in demand for biodegradable compound owing to which Nonylphenol market growth may get hampered. However, a major manufacturer of Nonylphenol is focussing on an enhancement of production facility and presence in a major market such as India, China, etc. as Nonylphenol find usage in a variety of applications. Thus, many countries had imposed an antidumping duty on the Nonylphenol in order to support the domestic manufacturer.

Nonylphenol Market: Segmentation

On the basis of Function, global Nonylphenol market is segmented into;

• Antioxidant
• Emulsifier
• Cleaning
• Surfactant/detergent
• Others

On the basis of Application, global Nonylphenol market is segmented into;

• Polymer & plastic
• Chemicals
• Textiles
• Cosmetics & Personal Care
• Household Products
• Paper & Pulp
• Others

Nonylphenol Market: Regional Outlook

In terms of production and consumption, the global Nonylphenol market is dominated by the Asia Pacific region (APAC). The growth of end-use industries such as chemical, textiles, Personal care, cosmetics and polymer industries is prompt in the APAC region coupled with the increasing per capita spending has translated into an increasing demand for Nonylphenol. In the APAC region, China, followed by India is a major market for Nonylphenol in terms of value and volume. The APAC Nonylphenol market is expected that register a significant CAGR over the forecast period.

North America and Europe collectively hold the second spot in terms of market share. Rising demand for surfactant, emulsifier, and chemical synthesis applications in North America and Europe are expected to increase the demand for Nonylphenol over the forecast period. In Europe, Western Europe dominates the Nonylphenol market in term of consumption. However, government regulation in North America and Europe may effect on the growth of Nonylphenol markets.  North America and Europe Nonylphenol market are expected to register steady growth over the forecast period. The MEA and Latin America Nonylphenol market are projected to register slow growth over the forecast period.

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 Nonylphenol Market: Market Participants

Examples of some of the market participants in the global Nonylphenol market, identified across the value chain include, Huntsman International LLC, Dover Chemical Corporation, SI Group, Inc., PCC Group, China Man-Made Fiber Corporation, FORMOSAN UNION CHEMICAL CORP., and Jiangsu Jiafeng Chemical Co., Ltd., among others

Automotive External Airbag Market is Expecting Worldwide Growth by 2025

Automotive External Airbag Market: Introduction

Automotive External Airbag Market is estimated to witness the significant growth in the future, owing to increasing concern of pedestrian as well as vehicle safety. Automotive external airbags are utilizing integrated airbags and a crash detection system to reduce harm experience by passengers during collision. The technology use in automotive airbag consists of several components such as airbag module, hood lift limiter and sensors, among others. These airbag are integrated in many exterior part of the vehicle that include inside the front panel of the vehicle and inside the tires, among others. The sensors which are integrated with airbags, detect a collision with a pedestrian at speeds 20 to 50 Km/h and trigger the deployment of the airbags. The reaction time of the automotive external airbag is approximately 20 to 30 milliseconds.

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Automotive External Airbag Market: Market Dynamics

Rise in the number of pedestrian accidents, in turn propel the demand of automotive external airbags in the market.  To avoid accidents, government across the globe are implementing safety norms for the automobile and these norms will become mandatory for all automobile in the forecast period. This factor is expected to fuel the growth of automotive external airbag market. Recently, this technology is mostly preferred by luxury car manufacturers, owing to high speed and affordability of the high class population, which in turn, boost the growth of automotive external airbags in the upcoming years. Increasing purchasing power parity of middle class population across the globe is another key factor which is expected to drive for automotive external airbags over the coming years. With the increasing demand of passenger cars, manufacturers are working on implementation of this technology in passenger cars with prime focus on cost cutting along with increase in safety. This factor is anticipated for the growth of automotive external airbag market. 

High initial and installation cost of automotive external airbags can act as a restraint for hamper the growth of automotive External Airbag market. Moreover, rising prices of vehicles along with high cost incurred in design and testing is also estimated to hinder the growth of said market in the future.

Automotive External Airbag Market: Segmentation

Automotive External Airbag Market can be segmented by material type, airbag type, vehicle type, sales channel:-

On the basis of material type it can be segmented into:

• Nylon
• Polyester
• Others

On the basis of airbag type it can be segmented into:

• Hood airbags
• Bumper and grille airbags
• Side airbag

On the basis of vehicle type it can be segmented into:

• PC (Passenger Cars)
• LCV (Light Commercial Vehicles)
• HCV (Heavy Commercial Vehicles)

On the basis of sales channel it can be segmented into:

• OEM
• After Market

Automotive External Airbag Market: Regional Outlook

North America is anticipated to hold a prominent share in the global automotive external airbag market, owing to adaptation of advance technologies regarding automobile safety by customer and high disposable income witnessed in the working class population of US and Canada. Automotive external airbag market is expected to grow in Asia Pacific region, due to increasing automotive industry as well as sales of luxury vehicles. This factor is coupled with increasing living standards especially in the countries such as China and India. Moreover, Asia Pacific is also projected to have a prominent share in the said market in the future, owing to increasing government regulations regarding safety. Europe is projected to contribute a considerable share in global automotive external airbag market due to large number of automobile manufacturer in the region. Recent goals led by European commission regarding pedestrian safety which are far lag by European union is expected to compel the European manufacturer to invest immensely on research and development of automotive external airbags, which in turn, accelerate the growth of the market in the forecast period. East and Africa is expected to grow with moderate rate in global automotive external airbag market during the forecast period.

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 Automotive External Airbag Market: Market Participants

Examples of some of the market participants identified across the value chain of the global automotive External Airbag market includes: Autoliv, Hyundai MOBIS, Takata, TOYODA GOSEI, Ashimori, Bosch, Continental, DAICEL, DELPHI, Key Safety Systems (KSS), Nihon Plast, Ningbo Joyson Electronic, ZF TRW.

Shiplifts & Transfer Systems Market is Expected to Witness a Steady Growth by 2025

Shiplifts & Transfer Systems market: Introduction

Shiplifts are employed to maneuver launched and unlaunched ships in very controlled and efficient manner and also lessens space requirements at the waterfront. The shiplifts system is also designed for longitudinal or side transfer of ships. When pooled with a transfer system, numerous work berths make available environmentally and ef?cient safe work areas well away from the water. Shiplifts transfer system principally has three common types, winched, hydraulic dock lifts, Floating dock lifts. Shiplifts with winches are the most common type of shiplifts system and demand an innovative performance from the supportive structure than is required from tedious maritime civil engineering, especially deflection. For naval vessels and commercial and the same, it offers a distinctive repair facility with its rail-based transfer system enabling large vessels to be moved off the shiplifts and runway to dry berth sites. In ship yards the transfer is carried out with single level transfer system and duel level transfer system and these allows the transfer of carriages from sea to land.  The key element of major modernization program of shipyard, is the construction of the new shiplifts and transfer system facilities.

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Shiplifts & Transfer Systems market: Dynamics

Growing market of shiplifts and transfer system is because of its efficient waterfront space utilization and retrieval of vessels. Moreover, ship lifts are designed to allow yards to retrieve and launch ships in a time-ef?cient and controlled manner. For meeting the different demands of maximum distributed loads, shiplifts and transfer system utilize numerous types of hoist capacities and varied their space capabilities. Furthermore, a shipyard’s business is wholly dependent on the productivity and reliability of their ship lifting and transfer facility. On a daily basis, there is more productive shiplifts and transfer system required for functioning of shipyard system.

Manufacturing of shiplifts & transfer system required hefty amount of money for designing shiplifts and raw material among others. The challenges associated with the shiplifts & transfer Systems market is the maintenance and crucial design of these system which can cause loss of control of the shipyards. These all factors become one of the restraining factor for global shiplifts and transfer system market growth.

Shiplifts & Transfer Systems market: Segmentation

Shiplifts and transfer system can be segmented on the basis of its transferring mode and product type and business type

On the basis of transfer mode, ship lift and transfer system can be segmented as

• Platform based shiplifts and transfer system
• Rail based shiplifts and transfer system

On the basis of product type, ship lift and transfer system can be segmented as

• winched
• floating dock lift
• hydraulic lift dock

On the basis of Type of business, ship lift and transfer system can be segmented as

• Naval (surface and submarines),
• Commercial,
• Cruise shipbuilding and ship repair

Shiplifts & Transfer Systems market: Regional Outlook

The European shiplifts and transfer system is growing due to government support programmers for commercial and export business purposes in several European countries and the inclination of shipyard business towards comfortable ship lifting and transferring. Inclusively, the increased number of water ports results in a greater demand for shiplifts and transfer system. Shiplifts and transfer industry of India has progressively shifted track in contemporary years, switching from conventional method to additional Shiplifts & Transfer Systems. Ship repair is one of an area, where there is immense potential of future growth in India. China is also is one of the prominent manufacturers of shiplifts and transfer system. These factors are estimated to Increase the demand for advanced Shiplifts & Transfer Systems. The Governments of Western and South Australia, in particular, identify the value of a healthy shipbuilding industry and have partnered with industry to develop local facilities. North America market has prime manufacturers of shiplifts and transfer system and is expected to show significant growth due to the elevated demand of shipyard handling equipment. Demand from Middle East and Africa region for Shiplifts & Transfer Systems market raises owing to rapid industrialization and growing defense sector.

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Shiplifts & Transfer Systems market: Market Participants

Examples of some of the market participants in the Shiplifts and Transfer Systems market are

• TTS Group ASA
• Southern Marine Shiplifts pty ltd
• L&T India
• Larsentoubro
• TPK systems Pte Ltd
• Royal Haskoning DHV
• GANTREX

Process Oil Market Poised to Register 4.1% CAGR through 2025

In an extensive analysis of the global process oil market, Persistence Market Research forecasts the global process oil market to reach a market valuation of US$ 5,697.4 Mn by the end of 2025, up from an estimated US$ 4,148.9 Mn in 2017, registering a CAGR of 4.1% over the forecast period. Persistence Market Research presents the historical and current market forecast of the global process oil market in a new report titled “Process Oil Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025).” The report also throws light on the factors likely to impact the market over the course of the forecast period.

Global Process Oil Market: Dynamics

The global process oil market is expected to witness incremental $ opportunity of US$ 1,548.4 Mn between 2017 and 2025 and will be mainly driven by the increasing automotive sector that eventually demands rubber process oil for the manufacturing of rubber products such as tires and vehicle interiors. Process oil being the basic raw material used in the production of goods in the rubber processing industry, the demand in the global market is anticipated to witness significant growth during the next eight years. Process oil is also consumed in large quantities in the polymers and paints and coatings industries. These sectors will drive volume growth of the global process oil market in the foreseeable future.

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Some of the other factors likely to boost the growth of the process oil market are –

• A strategic shift from conventional rubber processing to oil based processing
• A steady growth in end-use industries such as automotive and rubber processing, coupled with an increase in refinery capacity
• Increase in R&D activities in end-use industries
• Competitive advantage of access to essential raw material feedstock

Global Process Oil Market: Segmental Forecast

The global process oil market is segmented on the basis of Product Type (Aromatic, Paraffinic, Naphthenic) and Application (Rubber Processing, Adhesives & Sealants, Consumer Products, Paints & Coatings, Pharmaceuticals, Polymers, Others).

• The Aromatic product type segment is estimated to hold the maximum revenue share in the global market – about 45% by the end of 2025. This segment will reach a market valuation of US$ 2,572.2 Mn by the end of the forecast period, up from an estimated US$ 1,806.7 Mn in 2017, registering a CAGR of 4.5% during the forecast period.
• By application, Rubber Processing will continue to hold a large share of the global market throughout the period of forecast and register a CAGR of 4.6% in terms of value. This segment will reach a market valuation of US$ 2,096.0 Mn by the end of 2025.

Global Process Oil Market: Regional Forecast

Persistence Market Research tracks the performance of the global process oil market across the five key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In terms of value share, the Asia Pacific regional market will dominate the global process oil market, estimated to hold about 43% market share by the end of 2025. The APAC process oil market is estimated to be valued at US$ 1,590.2 Mn in 2017 and this is expected to increase to US$ 2,450.7 Mn by the end of 2025. This is reflective of a CAGR of 4.6% in terms of value during the forecast period.

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 Global Process Oil Market: Vendor Landscape

The report profiles some of the leading companies operating in the global process oil market such as Behran Oil Co, Ergon Inc., San Joaquin Refining Co., Inc., Chevron Corp, Meiwa Corporation, Exxon Mobil Corporation, Nynas AB, Idemitsu Kosan Co., Ltd., Calumet Specialty Products Partners, L.P., Total S.A., Hindustan Petroleum Corporation Limited,  Royal Dutch Shell plc., Petroliam Nasional Berhad (PETRONAS), ORGKHIM BIOCHEMICAL HOLDING, Lubline, Avista Oil AG, Savita Oil Technologies Ltd., Panama Petrochem Ltd, Apar Industries Limited, and Raj Petro Specialties P. LTD.

Additive Masterbatch Market Would Reach a value US$ 4,385.9 Mn by 2025

The global additive masterbatch market is poised for significant growth over the next eight years. A new publication by Persistence Market Research titled “Additive Masterbatch Market: Global Industry Analysis 2012-2016 & Forecast 2017-2025” forecasts the global additive masterbatch market to register a CAGR of 3.3% in terms of volume. Europe followed by Asia Pacific are slated to be the prominent regional markets in terms of additive masterbatch consumption. In terms of value, the global additive masterbatch market is estimated to reach a market valuation of US$ 3,279.6 Mn in 2017 and grow at a CAGR of 3.7% to be valued at US$ 4,385.9 Mn by the end of the forecast period in 2025. The global market for additive masterbatch is anticipated to grow ~1.3X over the period of forecast.

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Regional Forecast of the Global Additive Masterbatch Market

The report analyzes the global additive masterbatch market across the key geographies of North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.

• Europe will continue to lead the global market in terms of market share, and is estimated to hold a value share of more than 35% throughout the forecast period. The region will also witness significant opportunities for growth
• The APAC region will grow at a significant pace during the forecast period and hold about 30% market share towards the close of 2025. APAC will register a CAGR of 4.3% in terms of value – the highest among all the regional markets

Global Additive Masterbatch Market: Segmental Forecast

The global additive masterbatch market is segmented on the basis of Type (CO2 Barrier, Oxygen Scavenger, Metal Deactivators, Anti-Foaming Agents, Antioxidant, Anti-Block, Anti-Static, Flame Retardant, Anti-Microbial, UV-Stabilizer, Thermo-Stabilizer, Laser-Marking) and Application (Automotive, Agriculture, Building & Construction, Packaging, Electrical & Electronics).

Market forecast by Type

• In terms of volume, the flame retardant and UV stabilizer segments will witness significant growth opportunities in the global additive masterbatch market
• The flame retardant segment is projected to hold a dominant share throughout the forecast period (more than 35%). This segment will create total incremental $ opportunity of US$ 428.9 Mn between 2017 and 2025
• Flame retardant will also be the most attractive market segment by type

Market forecast by Application

• Packaging end use application segment will remain the dominant market throughout the forecast period, estimated to hold 46.6% value share by the end of 2025
• Growing demand for packaging in North America and Europe, owing to stringent government regulations over food products is the key factor driving segmental growth
• The packaging application segment is projected to create a total incremental $ opportunity of US$ 551.9 Mn between 2017 and 2025

Global Additive Masterbatch Market: Vendor Landscape

In this report, Persistence Market Research has profiled some of the top companies operating in the global additive masterbatch market. The following company profiles can be found in the report – Clariant International AG, A. Schulman, Inc., Cabot Corporation, Cromex S/A, Ampacet Corporation, Polyone Corporation, Hubron International, Polyplast Muller GmbH, MARVAL INDUSTRIES, INC., GRAFE ADVANCED POLYMERS GMBH, Kunststof-Kemi Skandinavia A/S, Tosaf Group, KRAIBURG TPE (Thermoplastic Elastomer Manufacturer).

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Tier-1 manufacturers of additive masterbatch such as AG, A Schulman, PolyOne Corporation, Ampacet Corp. etc., account for around 40%-55% of the overall market. Tier-2 manufacturers such as Cromex S/A, etc. account for 15%-30% share of the global market while the Tier-3 category – generally comprising small and medium manufacturers of additive masterbatch – account for about 10%-25% market share.

Gardening Tools Market is projected to register 1.6% CAGR during the forecast period 2017 to 2025

In terms of volume, the global gardening tools market is projected to register 1.6% CAGR during the forecast period 2017 to 2025, according to a recent report by Persistence Market Research (PMR). PMR’s report estimates the global sales of gardening tools to expand from nearly 280,000 ‘000 units in 2017 to surpass 300,000 ‘000 units by 2025-end.

People in developed economies consider home improvement and small maintenance activities as a favorable pastime. For leveraging benefits of changing consumer preferences towards “do it yourself” (DIY) ethics, gardening tool manufacturers are now focusing on the provision of cost-efficient, portable and compact solutions to household users. This trend is witnessing a rapid growth in well urbanized markets as well as in developing economies including Brazil, South Africa, China, and India. This is further expected to pave significant opportunities for growth of the household gardening tools market in the near future.

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Europe will Continue to be the Largest Market for Gardening Tools

Europe will continue to be the largest market for gardening tools, with sales pegged to reach nearly 100,000 ‘000 units in 2017. Among real estate agents and city planners of Europe, demand for landscaping in residential as well as commercial areas has witnessed a rise, for providing an aesthetic appeal to these properties. This is expected to drive growth of the market in Europe. In addition, factors such as restoration of native plants to residential landscapes, increasing popularity of houseplants for improvement of air quality and human productivity, and utilization of plants as food source within the residence are further expected to influence the market growth of gardening tools in Europe.

Utilization of artificial turfs and synthetic grass has witnessed a tremendous surge beyond sports field to commercial as well as residential landscaping in Europe, owing to surging emphasis on water conservation. In addition, synthetic grass and sports turfs provide a natural look and aesthetic appeal, and require low maintenance cost, which is further fuelling their adoption. These factors are anticipated to impede growth of the market in Europe.

Increasing DIY Attitude and Availability of Modern-Design Tools to Fuel the Market Growth in North America

In terms of volume, North America is estimated to remain the second-most lucrative market for gardening tools. According to the rules and regulations of the U.S. government, community gardens are considered to be an imperative part of the society, which is expected to favor growth of the gardening tools market in North America. In addition, increasing DIY attitude among North American people, and surging availability of different modern-design tools for various garden sizes are other factors fostering the market growth in North America.

However, increasing consumer preference of power tools over hand tools, which offer easy operation and time saving, is estimated to restrain growth of the gardening tools market in North America.

Pruning Tools will Remain Sought-After among Products in the Market

By product type, pruning tools will remain sought-after in the market, with sales estimated to surpass 100,000 ‘000 units by 2025-end. In addition, shears will remain the top-selling product among pruning tools in the global gardening tools market. In terms of volume, other hand tools segment, which includes hoe, trowel, weeder, rake, and pitchfork, is expected to expand at the second-highest 1.4% CAGR through 2025.

Gardening tools will witness largest adoption for residential use, on the back of increasing demand for indoor plants. Demand for gardening tools in commercial use will remain comparatively lower than residential use during the forecast period.

In terms of volume, retail stores will remain the largest sale channel for gardening tools in the global market. In addition, sales of gardening tools through online and distributors will collectively account for around 200,000 ‘000 units by 2025-end, online sales channel being more lucrative than the distributor sales channel.

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Key market players identified in PMR’s report include Stanley Black & Decker, Inc., Fiskars Group, Q.E.P. Co., Inc., Husqvarna Group, FELCO S.A., The Ames Companies, Inc., ANDREAS STIHL AG & Co. KG, CobraHead LLC, Estwing Manufacturing Company, Seymour Midwest, Lasher Tools, Zenport Industries, Bully Tools, Inc., Corporación Patricio Echeverria, Ray Padula Holdings, LLC, Radius Garden, Joseph Bentley Traditional Garden Tools, Garden Tool Company, SNA Europe, Root Assassin Shovel LLC.

Global Car Security System Market Revenue Expected to Increase at a CAGR of 6.0% over 2016–2026

Future Market Insights delivers key insights on the global car security system market in a new publication titled “Car Security System Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. Global sales of car security systems is estimated to be valued at US$ 6,787.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 4.8% over 2015. North America is estimated to account for a value share of 30.0% in the global car security system market by 2016 end but Asia Pacific excluding Japan (APEJ) is anticipated to gain a higher growth rate throughout the forecast period. In this report, Future Market Insights analyses the factors and trends impacting the growth and performance of the global car security system market.
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Increasing sales of new vehicles, along with rising awareness among car owners and a robust aftermarket growth are bolstering the global car security system market. Automobile manufacturers are increasing the deployment of security systems in new vehicles to stand out in competition. Furthermore, increasing adoption of telematics across the globe is enabling easy car monitoring techniques and comfort to car owners with enhancement in car security. However high cost of product and high installation charges are limiting OEM and aftermarket opportunities. Automakers provide more options in their premium car variants which in turn is decreasing the adoption by new vehicle owners. Whereas establishment of new car production plants in countries such as Mexico, Turkey, India and China are increasing car security system market opportunities in these regions.
Segmentation highlights
The global car security system is segmented on the basis of sales channel (OEM and Aftermarket), product type (immobilizer system, remote central locking system, alarm system and other systems) and car type (Economic cars, Mid-range cars and Premium cars).
On the basis of sales channel, the OEM market segment is expected to dominate globally, but market share of OEM and aftermarket sub-segment is changing from one country to the other. In regions where less cars are produced such as Middle East and Africa, aftermarket segment is a major market and is anticipated to continue to dominate the market in terms of value and volume over the forecast period. There is a strong demand in OEM segment in the regions such as North America, Western Europe and APEJ owing to increasing production of cars and establishment of new production plants. North America has the largest aftermarket share which is expected to decrease over the forecast period.
On the basis of car type, (Economic cars include mini and small cars- A & B segment cars as defined by EEC regulation and SUVs, MPVs & light trucks costing less than US$ 15000, midrange cars include C & D segment cars and SUVs, MPVs & light trucks costing between US$ 15,000- 30,000, and Premium segment cars include E & F segment cars and SUVs, MPVs & Light trucks costing more than US$ 30,000). Midrange cars are anticipated to dominate throughout the forecast period. Whereas economic cars segment are expected to exhibit the highest CAGR over the forecast period. Car security systems used in economic cars are of low value and adds less value to the market. And premium cars are loaded with many security system which increases the security systems value installed per car.
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On the basis of product type, the global car security system market is segmented into immobilizer system, remote central locking system, alarm system and other systems which include vehicle trackers, perimeter sensors, ultrasonic sensors and glass break sensors. Others segment is expected to register the highest CAGR in market whereas remote central locking system will continue to dominate in aftermarket and OEM market. Immobilizers are mostly sold in OEM market owing to their large penetration in all the car types.
Regional projections
The global car security system market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa (MEA)). North America is the largest market for car security systems owing to a large aftermarket and higher cost of products. APEJ will dominate the market by 2018 and will continue to increase its share in the future. Japan’s recent downfall in the realm of car production has affected the regional market, but increasing vehicle fleet and increasing car exports will increase Japanese market with a CAGR of 3% over the forecast period.
Vendor insights

Key players in the global car security system market include Valeo S.A., Continental A.G., Delphi Automotive PLC, Hella KGaA Hueck & Co., Tokai Rika Co., Ltd., Mitsubishi Electric Corporation, Denso Corporation, Robert Bosch GmbH, Lear Corporation, Omron Corporation.

Flight Tracking System Market will Register a CAGR of 5.5% through 2026

The need for improving surveillance abilities of airport facilities in the world has triggered the growth in adoption of Automatic Dependent Surveillance-Broadcast (ADS-B) flight tracking systems.
Unlike other flight tracking systems, the demand for ADS-B systems is expected to remain higher in the future. ADS-B systems are known to be highly-effective for tracking single aisle, small wide body, medium wide body, and large wide body aircrafts, and also come in an extensive price range. Future Air Navigation Systems (FANS) might be competent in tracking all aircraft types, but their high prices limit their adoption over ADS-B systems. On the other hand, dedicated or portable flight tracking systems (PFTSs) are quite cheap, compared to other two, but lack the prowess to accurately track multiple flights.
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A recent study developed by Future Market Insights projects that ADS-B systems will continue to account for over 75% of global flight tracking system revenues. It is been estimated that the global market for flight tracking systems, which is presently valued at approximately US$ 358 million, will exhibit a steady increment at 5.5% CAGR to reach US$ 611.8 million by the end of 2026.
Such systems are being prominently used in tracking flights from general aviation industry. General aviation airport facilities from all corners of the world can be clubbed together to be called as the largest end-user of flight tracking systems. In 2016, the end-use of flight tracking systems in general aviation procured an estimated US$ 253 million. Nonetheless, revenues amassed from adoption of flight tracking systems in civil aviation are projected to grow at the highest CAGR of 6.3% by the end of 2026.
Honeywell International & Rockwell Collins – Leading Market Players
According to the report, two of the most recognisable manufacturers in the global flight tracking system market are - Honeywell International Inc. and Rockwell Collins, Inc. Collectively, these two flight tracking system manufacturers are estimated to account for over 50% of the global market revenues, specialising in production of ADS-B and FANS systems. Garmin International Inc. is also a leading manufacturer in the global flight tracking system market, raking in revenues worth billions. On the other hand, companies such as FLYHT Aerospace Solutions Ltd., SKY TRAC SYSTEMS LTD., Spider Tracks Limited, and BLUE SKY NETWORK are observed to be prominent manufacturers of PFTS systems. Aireon LLC, another key player in the global flight tracking system market, has gained worldwide acclamation for producing top-end ADS-B systems for space aviation.  
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In the report, titled “Flight Tracking System Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” Future Market Insights predicts that North America will remain the largest market for flight tracking system in the world. By the end of 2026, North America’s flight tracking system revenues will have soared at 6.4% CAGR, procuring half of the global market revenues. The flight tracking system market in Western Europe will also gain traction, raking in over US$ 100 million by 2026-end. Revenues from flight tracking systems will be lowest in Japan and the Middle East & Africa (MEA) region. The flight tracking system market value in regions such as Asia-Pacific excluding Japan (APEJ), Latin America and Eastern Europe are anticipated to rise at less than 4% CAGR over the forecast period. 

Vapour Recovery Units Market to expand at a CAGR of 3.2% by 2026

Environment pollution legislation will continue to drive the adoption of vapour recovery units, especially in developing regions. Rising awareness on reducing the impact of pollutants, combined with regulatory pressures on providing workers with safer working environments will continue to influence installation decisions. Potential economic benefits of installing vapour recovery units are expected to drive adoption; however, high initial costs can impede growth. The prevailing oil crisis in the Middle East is expected to have a ripple effect on the global vapour recovery market, with global revenues declining to US$ 471 Mn in 2016, down from US$ 481 Mn in 2015. The long-term outlook on the market remains positive, with the global market expected to increase at a moderate CAGR of 3.2% during the forecast period 2016-2026.
North America, the largest market for vapour recovery units, will witness further proliferation of compressor-based VRU; however, the market will continue to have a low presence of players engaged in distribution of VRU at downstream process. John Zink, AEREON and ZEECO are key players in the production and distribution of VRU at downstream process.
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VRU installations will continue to increase at a steady rate in Europe. While the current oil crisis will negatively impact the market in Middle East, the market will grow moderately in the long run. Asia Pacific and Latin America will witness moderate growth, and like North America, compressor-based VRUs will witness steady demand.
VRU installations will continue to remain higher in upstream process vis-à-vis downstream process. Increasing preference for VRUs over flare gas recovery technologies will continue to impact VRU installations for upstream processes. The upstream process will continue to account for leading revenue share of the global vapour recovery unit market. By application, storage tank vents will continue to account for leading market share at upstream, whereas marine loading will remain a key application segment at downstream process. By end-use, oil & gas will remain the most attractive sector for VRU manufacturers and distributors, followed by brewery & food processing.
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Key market participants covered in the report include Hy Bon/EDI, PSG Dover, AEREON, Petrogas Systems, John Zink Company, LLC, Cimarron Energy Inc.,Wintek Corporation, Accel Compression Inc., Whirlwind Methane Recovery Systems, LLC.

Automotive Repair and Maintenance Services Market worth US$ 441.3 Bn by 2016

According to a new report published by Future Market Insights titled “Automotive Repair and Maintenance Services Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026”, the global automotive repair and maintenance services market is estimated to reach a market valuation of US$ 441.3 Bn by 2016 end, witnessing a 5.6% CAGR between 2016 and 2026. Automobile dealership owners will continue to hold dominant share in the global automotive repair and maintenance services market accounting for over 25% share of the total market by the end of 2016.
Demand for automotive repair and maintenance services is driven by the increase in vehicle age. With the improvements in material and technology used for automotive manufacturing, the mean age of passenger cars in the U.S. increased from 9 years in 2000 to 11.6 years in 2015. With the rising vehicle sales in the U.S. and Western Europe, the demand for automotive repair and maintenance services is expected to rise exponentially. Also, a reduction in gas and oil prices has led to an increase in the total miles driven by vehicle owners and this being related to vehicle parts wear and tear, there is a growing need for vehicle maintenance and repairs – this is another factor driving the growth of the global automotive repair and maintenance services market.
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Segmentation analysis
Future Market Insights’ report on the global automotive repair and maintenance services market offers useful insights on market performance of the various segments of the global automotive repair and maintenance services market. Some of the highlights of our research reveal the following vital points:
Demand for various services and parts in the automotive aftermarket such as tires, engine oil, and wear and tear parts will continue to gain traction in the coming years. The tires segment is forecast to register a CAGR of 7.9% during 2016 – 2026
The wear and tear parts and engine oil services and parts segments are expected to represent 14.1% and 8.6% shares of the total incremental opportunity in the coming decade. The automobile dealerships service provider segment is anticipated to be valued in excess of US$ 100 Bn by this year end, witnessing a CAGR of 4% during the forecasted period
The passenger cars vehicle type segment was the maximum value generating segment in terms of vehicle type in 2015 and is projected to gain significant market share over the forecast period. This segment is anticipated to gain 200 BPS between 2016 and 2026 due to higher sales of passenger cars in the coming years
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Regional analysis
North America is the largest market for automotive repair and maintenance services accounting for over 26% market share in terms of revenue in the global automotive repair and maintenance services market by the end of 2016. The APEJ automotive repair and maintenance services market is projected to hold significant market share in terms of value in the global automotive repair and maintenance services market over the forecast period, exhibiting a CAGR of 8.6% over the forecast period. This is attributed to increasing vehicle parc in this region and an under developed road infrastructure in many countries of APEJ.
Vendor insights

The global automotive repair and maintenance services market report analyses the business performance including short-term and long-term strategies, service offerings, and other developments of a few of the top market players operating in the global automotive repair and maintenance services market. The companies profiled in the report are Asbury Automotive Group Inc., Jiffy Lubes International Inc., Monro Muffler Brake Inc., Driven Brands Inc., and Belron International Ltd. Mergers and acquisitions seems to be the most preferred strategy adopted by several market players to expand their global presence and increase market share.

Refrigerated Display Cases Market will Exhibit a Steady 6.2% CAGR through 2027

A comprehensive research publication by Future Market Insights titled “Refrigerated Display Cases Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027” is focussed on understanding the worldwide demand and consumption of refrigerated display cases, the key aspects influencing customer purchase decisions, the key areas of innovations, the enhancement of features of refrigerated display cases and key industry developments across major geographies along with impact analysis in 2017 and forecast scrutiny pertaining to value and volume of the global refrigerated display cases market till 2027.
Global Refrigerated Display Cases Market: Forecast
After an in-depth investigation of the global refrigerated display cases market, Future Market Insights predicts a revenue growth of about US$ 16 Bn by the end of 2027, reflecting a CAGR of 6.2% during the period of forecast.
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Global Refrigerated Display Cases Market: Segmental Analysis
The global refrigerated display cases market is categorised by product type, by construction, by end user and by region. By product type, it is segmented into plug-in device and remote operated device. By construction it is segmented into horizontal, hybrid and vertical. By end user it is segmented into food service sector and retail food and beverage sector; and by region, the market is divided into North America, Western Europe, Eastern Europe, Latin America, APEJ, Japan and Middle East and Africa (MEA).
Remote operated device segment is poised to dominate the global refrigerated display cases market by product type by reflecting a higher market share and is poised to grow at a high CAGR of 6.5% during the period of forecast. Demand in the plug-in device market is also rising, especially in emerging economies. The plug-in device segment is poised to reflect a CAGR of 5.8% in terms of value. The remote operated device segment is expected to reflect a market share of more than 55% by the end of 2027.
Vertical segment by construction is expected to dominate the market with respect to market value and is anticipated to grow at a CAGR of 6.4% throughout the period of forecast. The hybrid segment is anticipated to register the highest growth rate to reflect a CAGR of 6.7% during the forecast period.
Retail food and beverage sector segment by end user is anticipated to grow at a higher growth rate to reflect a CAGR of 6.4% during the period of forecast. This segment dominates the global refrigerated display cases market by end user with respect to market value as it is expected to reach a value of just under US$ 13 Bn by the end of 2027. Market value of the food service sector segment is less compared to that of the retail food and beverage sector segment and is poised to grow at a CAGR of 5.1% throughout the period of forecast.
APEJ to Reflect Speedy Growth Throughout the Forecast Period
The APEJ region shows a high growth to register a CAGR of 9.0% throughout the period of forecast surpassing North America and Western Europe in terms of demand. Rapid urbanisation and increasing income levels in India, China and South Korea are the main contributors for growth of the APEJ region in the global refrigerated display cases market. Moreover, along with a growing population and rising demand for food, the FMCG market has been performing well in the region and major retail chains are shifting their focus towards expanding their footprint in APEJ countries. This has spurred the growth of the refrigerated display cases market in this region. Another trend observed in APEJ is the shift of manufacturing base to this region. Besides enhancing technology, maintaining overall product cost is also a key concern for manufacturers. In order to decrease the cost of manufacturing, some players in the market have established their production facilities in countries such as China, Indonesia and India, where labour costs are relatively low as compared to other countries. North America and Western Europe are expected to face maturity in the coming years.
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Competitive Landscape

The research report on the global refrigerated display cases market has profiled tier players involved in the refrigerated display cases market such as Panasonic Corporation, Dover Corporation, Frigoglass SAIC, Arneg S.p.A, AHT Cooling System GmbH, Illinois Tool Work Inc., Epta S.p.a. Refrigeration, Standex International Corporation, Lennox International Inc., United Technologies Corp., Metalfrio Solutions, Inc., Clabo Group, True Manufacturing, Carter Retail Equipment Ltd., Nakano Refrigerators Co. Ltd., QBD Modular Systems Inc., Zero Zone Inc., Igloo International, Marc Refrigeration Manufacturing, Inc., Aucma Co., Ltd., Haier Carrier, Isa S.p.a., Borgen Systems and Koxka.        

Car Rental Market is Anticipated to Register 6.6% CAGR through 2025

Future Market Insights (FMI) announces the release of its report titled "Car Rental Market: Global Industry Analysis and Opportunity Assessment 2015-2025." According to the report, the global car rental market, valued at US$ 87.8 Bn in 2014, is anticipated to reach US$ 176.2 Bn by 2025, expanding at a CAGR of 6.6% between 2015 and 2025.
Market Drivers and Restraints
The global car rental market is driven by rising global tourism industry, surge in public awareness about car rental services, easy booking via online services, introduction of new business concepts, increasing number of Internet users and rise in international tourist arrivals. Apart from this, growing GDP rates and increasing income levels in the developing regions are also positively influencing growth of the car rental market globally.
Increasing infrastructural developments, growing air travel, rise in demand for recreational activities and increasing urban population have widened the scope for car rental service providers. Conversely, stringent emission standards, low cost public transportation, and volatility in crude oil prices are some of the minor restraints in the global car rental market. Additionally, increasing mobile and Internet usage is also expected to drive growth of the global car rental market in the coming years. Growing investments by the industry players and increasing online presence of the car rental service providers is expected to further drive growth of global car rental market.
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Rising technological developments are expected to offer favourable growth opportunities in the near future. Rapid urbanisation is leading to a rise in the mobility on-demand services, which include car sharing, short-term car rental services, etc., which are providing favourable prospects for growth of the car rental market.
Market Segments
North America dominated the global car rental market in 2014, in terms of revenue, accounting for 48.4% share of the overall market. However, APEJ (Asia Pacific Excluding Japan) is foreseen to expand at a relatively high CAGR of 10.2% during the forecast period. North America is expected to remain the most dominant global car rental market throughout the forecast period.
The major players in the market are focusing on expanding their global footprints through various mergers and acquisitions. Rising consolidation in the car rental industry has facilitated market leaders, such as Enterprise Holdings Inc., to expand their respective businesses in various geographies, thereby increasing their market share. The U.S. is witnessing major investments by market players, along with increasing popularity of car sharing services.  
By end use, the on-airport segment dominated the global car rental market in 2014 in terms of revenue, and is foreseen to expand at a CAGR of 8.2% during the forecast period. The on-airport car rental segment is expected to remain the most dominant segment in the global car rental market throughout the forecast period
By customer type, the leisure segment is foreseen to expand at a high CAGR of 8.6% during the forecast period. The segment is expected to dominate the global car rental market throughout the forecast period.
On the basis of booking type, the offline access dominated the global car rental market in 2014 in terms of revenue, accounting for 48.4% share of the overall market in 2014. The market is expected to lose its market share to the mobile application segment, which is projected to expand at a CAGR 9.9% during the forecast period.
On the basis of sector, the unorganised segment dominated the global car rental market in 2014 in terms of revenue, accounting for 56.9% share of the overall market. However, the organised sector segment is foreseen to expand at a relatively high CAGR of 7.3%.
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Competitive Landscape

Key market players covered in the reportinclude Enterprise Holdings Inc., The Hertz Corporation, Avis Budget Group, Inc., Europcar Group S.A., Carzonrent India Pvt Ltd., Sixt SE, Al Futtaim Group, Localiza- Rent a Car SA, Eco Rent a Car and GlobalCARS. The car rental market is consolidated in some regions such as the U.S. and Europe, with the top two players bagging over 50% shares of the total market. Most players in the market are engaged in various activities, such as mergers and acquisitions, increasing investments in technological developments, geographical expansion and brand building via strong marketing strategies, in order to sustain their position in the competitive market.          

Welding Consumables Market Projected to Register 5.7% CAGR through 2027

The extensive use of arc welding and oxy-fuel welding processes in the manufacturing of automobiles and machinery has generated considerable demand for flux and filler metals as welding consumables. As a result, the global market for welding consumables is expected to witness significant growth in 2017, reaching a market value of US$ 14,091.9 Mn at a y-o-y growth rate of 5.3% over 2016. Furthermore, the global demand for welding consumables will also be influenced by the rising trend of automating welding processes in the automobile and construction industries.
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In the latest report by FMI on the global welding consumables market titled “Welding Consumables Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,” the forecast has been revised until 2027. Previously the market in 2016 was estimated to be valued at US$ 11,835.8 Mn and in the current release the estimated numbers have been revised to US$ 13,368.0 Mn for 2016 with a 10 year (2017-2027) CAGR of 5.7%. This growth is owing to macro-economic factors such as growth of the construction industry, GDP, urbanisation, shipbuilding industry, industrial production and automobile production growth. Consumables utilised in arc welding, oxy-fuel welding, laser-beam welding and others are included in the target market. Consequently, the market size has been revised for the entire forecast period.
The lack of skilled labour for fabrication welding processes is expected to trigger the need for welding automation technology and generate mounting demand for welding consumables. The growth of the global welding consumables market is also expected to be driven by rapid industrialisation, the surging real estate sector and the growing number of end-use welding applications. On the contrary, stagnant adoption levels of advanced welding technologies in developing countries is anticipated to curb the overall growth of the global welding consumables market.
Global Market Forecast
Based on the type of welding consumables, the stick electrode segment will continue its dominance in terms of the global market share and account for over 38.6% by the end of 2027. However, the segment is expected to contend with stiff competition from flux-cored wires and solid wires due to their cost-effectiveness.
Based on the welding techniques, the arc welding segment will continue to dominate the global market and account for US$ 15,276.4 Mn in revenue by 2027 end. On the other hand, the booming automotive industry and the growing production of multipart machineries will incite the use of resistance welding and oxy-fuel welding in 2016 and beyond.
By application, the use of welding consumables is expected to elevate in the building & construction industry and the automotive & transportation sector. Also, the soaring consumption of welding consumables in marine applications is anticipated to create additional growth opportunities in the global welding consumables market.
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In 2016, Asia Pacific excluding Japan (APEJ) was the most lucrative region for the growth of the global welding consumables market and is likely to hold more than 32% of the global market share. The booming real estate sector in APEJ countries such as China and India will drive the demand for welding consumables in the construction industries. North America and Latin America are also expected to favour the growth of the welding consumables market, owing to the rising adoption of advanced welding technologies in manufacturing industries.
Key Players

The increasing need for automating the welding process has influenced the business expansion of major welding consumables manufacturers. The Lincoln Electric Company, Hyundai Welding Co., Taiyo Nippon Sanso Corporation, Colfax Corporation, Air Liquide, voestalpine AG, Illinois Tool Works Inc., Ador Welding Limited, Kobe Steel Limited, Praxair Inc., among others, represent the key players of the global market for welding consumables.

Benelux Power Tools Market is Expected to Reach Approximately US$ 859.1 million in 2016

Power tools continue to witness steady demand in Benelux, with 10 million units expected to be shipped in 2016, up from 9.8 million units in 2015 - a y-o-y growth rate of 2.5%. The Benelux power tools market was valued at US$ 826.4 million in 2015, and is expected to reach US$ 859.1 million in 2016. Industrial power tools will continue to outsell household power tools, and account for 57.6% revenue share of the market in 2016.
Demand for power tools will continue to be strong from the construction sector, as Benelux’s housing sector witnesses another year of relative stability. The real estate sector in Benelux wasn’t as severely impacted by the crash of 2007-08, as it did not participate in the ‘bubble’ preceding the crash.
Growth of the Benelux power tools market will also be supported by rising adoption in the Union’s automotive sector. While availability of durable and cost-effective power tools will drive overall demand, the growing DIY trend will ramp up adoption in the consumer segment. Increasing penetration of Chinese products is also expected to play an important role in driving sales in 2016 and beyond.
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On the basis of mode of operation, electric power tools will continue to remain the highest selling power tools, with 5.8 million units expected to be shipped in 2016, up from 5.7 million units in 2015. On the other hand, pneumatic power tools, also known as air tools, will continue to gain popularity among DIYers, owing to their compact size and relatively lower price.
Netherlands will continue to be the largest market for power tools in Benelux, with total volume expected to reach 5.5 million units in 2016. The Netherlands power tools market is expected to be worth US$ 470.0 million by 2016-end, witnessing a growth rate of 3.7% in 2016 over 2015. Belgium, the second largest market for power tools in Benelux, will witness total sales worth 359.2 million in 2016.
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Robert Bosch GmbH, Atlas Copco AB, and Makita Corporation are the key global players in the Benelux power tools market. The key strategy of these players is enhancing product portfolio by manufacturing convenient, high-performance and advanced technology equipment. Metabowerke GmbH, FERM B.V., and Einhell Germany AG are prominent local players in the Benelux power tools market. Strong distribution networks and low cost are the go-to strategies of these players to compete with global players operating in Benelux power tools market.

Long-term Outlook: FMI forecasts the Benelux power tools market to witness a moderate growth rate of 3.9% in terms of value during the forecast period (2016–2026). In terms of volume, the market is anticipated to increase at 2.2% during the forecast period, 2016-2026.

6.4% CAGR Anticipated for Non-Halogenated Flame Retardants Market During 2015 - 2025

Future Market Insights (FMI) delivers key insights on the global non-halogenated flame retardants market in its latest report titled “Non-Halogenated Flame Retardants (NHFR) Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”.
In terms of value, the global non-halogenated flame retardants market is projected to expand at a CAGR of 6.4% during the forecast period.
NHFR are flame retardant compounds that do not contain any halogen. These are more environment friendly than their halogenated counterparts. These compounds find application in plastics, rubber, and textiles materials. Among these, they find largest application in plastics.
Growing use of plastics in the construction industry, driven by rising urbanisation is propelling demand for NHFR worldwide. NHFR are widely used in automotive plastics, which significantly increases its demand from the transportation and automobile industry across the globe.
Rising concerns regarding the environmental impact of halogenated flame retardants is fuelling growth of the non-halogenated flame retardants market. Non-halogenated flame retardants can be recycled and also produce relatively low and non-toxic smoke as compared to its other counterparts.
Implementation of stringent environmental regulations across the globe is encouraging adoption of non-halogenated flame retardants, especially in the electrical & electronics industry, which is expected to be the fastest growing segment in the market over the forecast period.
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Non-halogenated Flame Retardants Market Segmentation
The global non-halogenated flame retardants market is segmented on the basis of product type, end-use industry, application and region.
On the basis of product type, the global NHFR market is segmented into metal hydroxide based, phosphorous based, nitrogen based and others product segments.
Among product types, the phosphorous based segment accounted for the largest value share in the global non-halogenated flame retardants market in 2014, followed by the metal oxide based and nitrogen-based segments respectively. The phosphorous-based segment is projected to remain the largest segment throughout the forecast period, creating an incremental $ opportunity of US$ 1,117.2 Mn between 2015 and 2025.
On the basis of end-use industry, the market is segmented into electrical and electronics, automotive, building and construction and others.
Building & construction industry accounted for the largest end-use industry segment in 2014, followed by electrical & electronics and automotive & transportation segments respectively. However, electrical & electronics is projected to emerge as the largest end-use industry segment by the end of the forecast period. The electrical & electronics segment is expected to create incremental $ opportunity of US$ 699.7 Mn between 2015 and 2025.
Application-wise, the NHFR market is segmented into polyolefin (PO), epoxy, unsaturated polyester (UPE), rubber, polyvinyl chloride (PVC), polyurethane (PU), styrenics, engineering thermoplastics (ETP) and others.
The report also offers in-depth information about the market across seven major regions, namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa and Japan.
In 2014, North America accounted for the largest market value share in the global NHFR market, followed by Western Europe and APEJ respectively. Developed regions namely, North America, Western Europe and Japan collectively accounted for approximately three-fourth value share of the overall market in 2014. APEJ is expected to emerge as the fastest growing market for non-halogenated flame retardants over the forecast period.
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Non-halogenated Flame Retardants Market: Leading Companies

The key players in the non-halogenated flame retardants market that have been covered in this study are Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered Material, Amfine Chemical Corporation and THOR Group Ltd. accounted for the largest market share in the global non-halogenated flame retardant market by the end of financial year 2014–2015.

Automotive Steering System Market Estimated to Exhibit 4.3% CAGR through 2027

A new report published by Future Market Insights titled “Automotive Steering System Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” studies the performance of the global automotive steering system market over a ten year assessment period from 2017 to 2027. The report presents the value and volume forecast of the global automotive steering system market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from about US$ 33,700 Mn in 2017 to nearly US$ 51,270 Mn by 2027 end, resulting in a CAGR of 4.3% over the forecast period.
Global Automotive Steering System Market: Segmentation and Forecast
The global automotive steering system market is segmented on the basis of technology (electronic steering (H-EPS, C-EPS, P-EPS, R-EPS), hydraulic steering) and on the basis of vehicle type (passenger car (compact, mid-size, premium, luxury, SUV), light commercial vehicle (LCV), heavy commercial vehicle (HCV)).
R-EPS sub-segment is estimated to account for a significant share, i.e. 21.4% in the overall market by 2017 end. The sub-segment is projected to gain 1050 BPS between 2017 & 2027.
The sale of H-EPS segment was valued at US$ 3,216.5 Mn in 2016 end, which is estimated to reach about US$ 4,605 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 1,278 Mn between the forecast period.
The sale of the C-EPS segment was valued at US$ 12,655.8 Mn in 2016 end and is estimated to reach US$ 13,236.5 Mn by 2017 end.
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The sale of the P-EPS segment was valued at US$ 3,052.5 Mn in 2016 end and is estimated to reach US$ 6162.3 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 2,914.8 Mn during the forecast period.
SUV sub-segment is estimated to account for a significant share of 21.0% in the overall market by 2017 end. The sub-segment is projected to gain 580 BPS between 2017 & 2027.
The sales of the compact vehicle segment was valued at US$ 7,934.5 Mn in 2016 end and is estimated to reach US$ 11,486.5 Mn by 2027 end. This segment is expected to create incremental dollar opportunity of US$ 3,258.6 Mn during the forecast period.
The sale of the premium vehicle segment was valued at US$ 2,180.7 Mn in 2016 end and is estimated to reach US$ 3,689.2 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 1,415.0 Mn during the forecast period.
The sales of the HCV vehicle segment was valued at US$ 1,383.1 Mn in 2016 end and is estimated to reach US$ 1,557.9 Mn by 2027 end. This segment is expected to create incremental dollar opportunity worth US$ 202.3 Mn during the forecast period.
Global Automotive Steering System Market: Regional Forecast
Future Market Insights tracks the performance of the global automotive steering system market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. As per the forecast of Future Market Insights, APEJ region is estimated to account for maximum share of 38.3% in the overall market by the end of 2017. The market is projected to gain 300 BPS between 2017 and 2027. The market in North America was valued at US$ 5,702.6 Mn by the end of 2016, and is estimated to reach US$ 8,762.7 Mn by the end of 2027. The market is expected to represent an incremental $ opportunity of US$ 2,850.9 Mn between the forecast period.  The automotive steering system market in Western Europe is expected to represent incremental $ opportunity of US$ 3,041.0 Mn between the forecast period.
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Global Automotive Steering System Market: Vendor Insights

The report has included some of the key players operating in the global automotive steering system market such as JTEKT Corporation, Nexteer Automotive Group Ltd., Showa Corp., ThyssenKrupp AG, Hitachi Automotive System Ltd., Sona Koyo Steering System Ltd., Robert Bosch GmbH, NSK Steering System Co. ltd., Mando Corp., ZF Friedrichshafen AG, Magal Engineering Limited, ATS Automation Tooling System Inc. and Hyundai Mobis.  Tie-ups with vehicle manufacturers ahead of new model launch, attractive price offering & system upgrades through strategic partnerships and adopting market specific designs to gain competitive advantage remains key differentiating strategies of these key players.

Rack And Pinion Market to Expand with Significant CAGR During 2017 – 2027

Rack and pinion are gears and the mechanism of gear converts rotary motion into linear motion. Pinion is round gear that engages teeth on linear gear rack end or axial joints which is a toothed bar used in rack-and-pinion steering systems for translating rotational motion of pinion into linear motion. The combination of rack and pinion are often uses as a part of linear actuator. Over the last few decades and the current trend rack and pinion is in the vast majority of today's vehicles. It's direct, compact, simple, and gives great steering feel. Major application of such mechanism is used in automobile that converts the rotational movement of steering wheel into right-to-left and vice versa motion of the tie rod.

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Global Rack and PinionMarket: Dynamics
Application of racks and pinions can be used in any machine that requires conversion of rotational motion into linear motion and is commonly used in all types of gear systems from the modern power steering systems to conventional manual systems. Rack and pinion performs exceptional to its application as they are much less catastrophic to failure in vertical applications thus manufacturer discourage the use of belt driven actuators, and is a potential factor that drives growth of global rack and pinion market. Owing to dual pinion design or split pinion, the possibility to preload a rack and pinion system to avoid backslash is another potential factor that boost the application of rack and pinion in machines. Moreover racks and pinions can be constructed in nearly unlimited length.
The rack and pinion have advantage of positioning accuracy over belt drivers as to the unavoidable fact of belt have compliance and are made of plastic and will eventually stretch. Rack and pinion automatic lubrication system are always recommended to avoid failure or reduced performance. Substitute to rack and pinion such as belt and pulley system that do not require lubrication is the factor that restrain to global rack and pinion market. Rack and pinion actuator are open system which doesn’t have simple and effective way to enclose them, on the other hand belt driven actuators have advantage as they are relatively unaffected by liquid contamination such as oil and water. The factor is considered as a threat to growth of global rack and pinion market.
Global Rack and PinionMarket: Region Wise Outlook
The global rack and pinion market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). Europe holds relatively a major share of global rack and pinion market. The major share is accredited due to high number of industries such as manufacturing and automobiles in the region. Followed by Europe is North America and MEA, this is due to rack and pinion technology taking shape in oilfield. Thus the developed market in Europe and North America is estimated to witness healthy CAGR during the forecast period of global rack and pinion market. Rack and pinion market in APEJ is expected to witness high growth rate due to rise in sale of automobile in the region.

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Global Rack and PinionMarket: Prominent Payers

• Sati Spa
  
• Emerson Electric Co.
  
• Pentair, Inc.
  
• Rotork Controls, Inc
  
• Ultimate Power Steering
  
• Sirca International Srl
  
• SMC Pneumatics Pvt. Ltd
  
• bar GmbH
  

The global woodworking machines market is highly fragmented due to the presence of large number of regional and global players. Regional players choose quality service and competitive pricing as their winning strategy over global players. In response to this, global players are largely involved in merger & acquisition and partnership activities in order to enhance their profitability margin and market share.

Thermal Printable Wristband Market Rugged Expansion Foreseen by 2027

The thermal printable wristband is a secure and cost effect way to identify an individual in a quick and reliable way. Thermal printable wristband helps to provide embed text or variable data at a point of entry. Thermal printable wristband produces fine quality print and enables good scan ability. Thermal printable wristband printer uses direct thermal technology and prints barcode & time sensitive information such as date and time. More features in thermal printable wristband are that they are strong, lightweight, tamper-evident, nontransferable, phthalate free, latex free, and antimicrobial coating helps to secure skin against non-pathogenic bacteria. Thermal printable wristband has extensive application in the healthcare industry such as the hospital, amusement, water-park, nightclub, cruise, sports event and much more. Thermal printable wristband in medical environment improves speed and accuracy of the hospital task by allowing scanning and printing of patients information and barcodes directly on the wristband. Amusement and Attraction enable cashless pint of sale and access management.
Global Thermal Printable Wristband Market: Dynamics
The key driver for thermal printable wristband market is its cost effectiveness. Thermal printable wristbands have lower printing cost and higher durability compared to laser printed wristband as the added expense of toner makes the printing incur an additional charge. Thermal printable wristband outperforms in the hospital industry as it provides ease of operation, is less expensive and provides high-quality sharp images when compared to laser printing options. The ability to print by utilizing heat-sensitive media that blackness as it passes under the print head and such factors are considered to be a potential driver of the growth of thermal wristband market. Moreover, the assurance of security verification of individuals is quick and reliable as they are tamper-proof, supports the growth of thermal printable wristband market. Although thermal printable wristband is not well suited for an environment that exposes them to a high temperature for an extended period which is a challenging factor, the coating on top provides resistance to elements is another potential factor to the growth of thermal printable wristband market. Another possible factor that boosts its market is that thermal printable wristband can be made for single day use as well as for a longer period, they are latex free, and polypropylene stock which will not tear and will be still very flexible to use. Growing application of RFID wristband that allows enabling user to put more information when compare to thermal printable wristband is a significant threat to thermal printable wristband.

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Global Thermal Printable Wristband Market: Segmentation
Based on application: Global thermal printable wristband is segmented into:

• Hospitals
  
• Amusement
  
• Sports events
  
• Conference
  
• Concerts
  

Global Thermal Printable Wristband Market: Region Wise outlook
The global thermal printable wristband market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America holds relatively a higher share in the thermal printable wristband market. This is due to its wide application and demand in the healthcare industry such as the hospital, amusement, concerts, and much more. Europe is estimated to hold second major share in the thermal printable wristband market. The region is growing to its cost effectiveness which is provided by thermal printable wristband in the healthcare industry. Thus developed regions such as North America and Europe is estimated to witness healthy CAGR during the forecast period of the thermal printable wristband market. APEJ is estimated to grow at high CAGR in the forecast period of the thermal printable wristband market. Owing to the discard use of laser printed wristband that incurs higher cost for the user.

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Global Thermal Printable Wristband Market Players
Few of the prominent players in the global thermal printable market are as follows

• ZIH Corp.
  
• PDC BIG.
  
• National Ticket Co.
  
• Barcodes, Inc.
  
• DO RFID TAG
  
• Syndicate Group.
  
• Raco Industries