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OEM Car Air Filter Segment to exhibit a CAGR of 3.1% During the Assessment Period 2017-2022

February 18, 2019 by Steve Blade  

 Global car air filter market is witnessing steady demand from all across the globe. This is due to the reason that car air filters are an integral part of the automobiles as they protect the internal combustion engine from dust particles and grime coming from the air that mixes with the fuel in the engine. If the air filter of a car is not clean, it may result in damage to the engine of the car. Besides this, the car will not function in an optimal manner and will exhibit reduced mileage and black sooty smoke or flames coming out from the exhaust if the air filter is worn out or not replaced at a proper time. The increasing sales of automobiles, especially cars, is the main driver of the global car air filter market. However, as the future of the automobile industry is centered on the electric cars, in which no fuel is burnt in the engine, the market for car air filter may get restricted during the assessment period. This is especially true of the European market, where electric cars are becoming popular due to the strict air pollution emission norms prevalent in the region.

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A car air filter is used to clean the air going into the internal combustion engine and remove debris like dust, bacteria and pollen from the intake air and make it fit for combustion. A car air filter is made of fibrous materials and these fibers may also contain charcoal or other absorbents to remove odors and other gaseous pollutants from the air that is entering the engine.

Europe Market Set to Dominate the Global Car Air Filter Market in Terms of Revenue

The car air filter market in Europe is set to dominate the global car air filter market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe car air filter market is the most attractive market, growing at a sluggish CAGR over the assessment period.

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As per the forecast of Fact.MR, the compact passenger cars segment is slated to reach a value of nearly US$ 2,479 Mn in 2022. The compact passenger cars segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the Europe region in the compact passenger cars segment.

Fact.MR forecasts that the cellulose car air filter segment will exhibit a CAGR of 3% from 2017 to 2022. Cellulose car air filter segment is estimated to account for nearly one-third of the revenue share of the filter media segment by 2017 end and is expected to gain some market share by the end of the year 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global car air filter market through 2022, which include Freudenberg & Co. KG, Hollingsworth & Vose Company, Champion Laboratories, Inc., Denso Corporation, Donaldson Company, Inc., General Motors, MAHLE GmbH, UFI Filters Spa and Alco Filters Ltd.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Global Light Car Trailers Market Leading Manufacturers Expected to Motivate Growth during 2018-2028

February 18, 2019 by Steve Blade  

The growing preference of users to spend the holidays in a campsite or on a hill is driving the demand for light car trailers. The benefits of a light car trailer is the extra carriage capacity that it offers. Light car trailers provide an added advantage and can act as a driving factor for the overall market. However, the maintenance cost associated with light car trailers is limiting its growth among the middle class and lower middle class population. Given its design, the light car trailer is an unpowered vehicle. There may be chances of reduced fuel efficiency in the powered vehicle due to the increased load. Considering the rising fuel costs, the Light Car Trailers Market is anticipated to grow at a steady pace. With the governments implementing strict labor laws, more recreational time for the employee coupled with the growing rate of disposable income is expected to marginally impact the light car trailers market.

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An unpowered vehicle towed by a powered vehicle is known as a trailer. The light car trailers are the ones used to haul lightweight automotive behind an automobile or a truck. The light car trailers are used to transport automotive from one place to another, especially when the route terrain is unsuitable for driving the automotive. Being prominently used for recreational purposes, the light car trailers are extensively used by sports enthusiasts and travelers.

The specific motorcycle, watercraft, snowmobile or passenger vehicle trailers are used in hauling motorcycle watercraft, snowmobile or passenger vehicle respectively. These can be hauled behind an automobile or truck.

The manufacturers are noted to be engaged in research and development and have expanded their product portfolio through commercialization of the innovations. In the light car trailers market, target marketing has proved beneficial for the manufacturers. Several light car trailers are targeted for sports cars while the others are for vintage cars and motorcycles. The level of competition in the light car trailers market is estimated to be low to moderate and entry for newer players seems easy.

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Light Car Trailers Market: Regional Outlook

The trend for using light car trailers has been well established in some developed parts of the world while it is yet to pace up in the developing regions. North America light car trailers market is estimated to retain its dominance throughout the forecast period. Europe is estimated to follow North America in the light car trailers market. Countries such as New Zealand and Australia (OCEANIA) are bigger markets for light car trailers in Asia Pacific. A slower growth is expected in the other parts of Asia Pacific and a marginal growth in the Middle East and Africa and Latin America light car trailers market.

Some of the market participants in the global light car trailers market identified across the value chain include Aluma, Ltd., ATC Trailers, WOODFORD TRAILERS LTD, SylvanSport, LLC., FUTURA TRAILERS USA, Pace American, Kaufman Trailers., Haulmark

The light car trailers research report presents a comprehensive assessment of the light car trailers market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The light car trailers research report provides analysis and information according to market segments such as geographies, ship type and sales channel.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Global Dozer Blade Market Leading Manufacturers Expected to Motivate Growth during 2018-2028

February 18, 2019 by Steve Blade  

Dozer blades are also known as crawler tractors. Dozer blades are used as significant tools in various agricultural applications, such as plowing, land clearing, etc. Dozer blades can be mounted on various vehicles, such as tractors, trucks, industrial loaders, etc. Dozer blades make use of the low ground-generated pressure, which allows the blades to adapt to different conditions. Apart from agriculture, dozer blades are also used in the construction industry for the transportation & lifting of various materials. Dozer blades also find applications in coal mining where they are used to optimize the production of coal stockpiles. Dozer Blade Market come in different shapes and types for different applications.

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Dozer Blade Market: Dynamics

Advancements in agricultural techniques have led to increasing adoption of tractors and other such machineries. The rapid growth in population has led to demand for higher agricultural production, rising demand for high yield cultivation and escalated demand for high productivity. This growth in the agriculture sector is leading to growing demand in the dozer blade market. Rapid growth in population and escalated urbanization are the two prime factors that have given a boost to the construction industry in developing countries, such as China & India. Also increased focus on the development of sustainable infrastructure, rising governmental focus on infrastructural development and growth in real estate investment will increase the demand for dozer blades in the global market. That apart, advancements in power sector will give a push to coal mining activities, which in turn, will boost the dozer blades market. Regions that witness face heavy snowfall use dozer blades for clearing snow. Other applications, such as landfilling, arboriculture, land clearance, etc., will have a positive impact on the dozer blade market. In recent times, companies have been focused on the development of tailor-made solutions, which is positive sign for the global dozer blades market.

In the Asia Pacific region, countries, such as China and India, hold significant share in global agricultural production. Also certain countries, such as Nepal and Myanmar, are dependent on the agriculture sector as this sector holds dominant share in these countries’ GDP. Also increasing population has boosted urbanization in the Asia Pacific region, which has pushed the growth of the construction industry. Owing to the above factors, the Asia Pacific makes a promising market for dozer blades.

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Brazil is one of the leading countries in terms of global agricultural production and the construction industry is also following an upward trend in the Latin America region due to which Latin America is anticipated to be a potential region in the dozer blades market. North America & Western Europe will also be prominent regions in the dozer blades market due to high agriculture activities and increased infrastructural development. Middle East & Africa will collectively make a strong market for dozer blades due to the increased agricultural and construction activities.

Dozer Blade Market: Key Participants

Examples of some of the market participants operating in the global Dozer blades market are:

Rockland Manufacturing Company, LEON Mfg. Company Inc., HOLARAS Hoopman, Dymax Inc, CWS Industries (Mfg) Corp., Henke Manufacturing, Grouser Products, Kenco. 

The dozer blade market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

Regional dozer blade market analysis includes,

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The dozer blade market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Dire Demand for Driving Comfort and Fuel Efficiency to Push Automotive Tubeless Tire Market

February 18, 2019 by Steve Blade  

 The capability of automotive tubeless tires to function efficiently at low temperature and pressure enables them to witness sustained adoption for transit operations within adverse environmental factors and low temperature conditions involved in are expected to generate decent demand for automotive tubeless tires. Moreover, escalating automotive tubeless tires demand from manufacturers of passenger vehicles and commercial vehicles will significantly propel the sales of automotive tubeless tires over the years ahead. High degree of reliability and vehicular safety offered by automotive tubeless tires have been earning superiority over traditional pneumatic tires over the recent past.

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While leading automakers have already pioneered the paradigm shift from pneumatic tires to automotive tubeless tires, relatively new entrants are also considering the shift to automotive tubeless tires as an imperative move to survive the competition. Non-complicated repair, low maintenance, and enduring operational life of automotive tubeless tires will continue to create positive prospects for their adoption among automotive manufacturers. Narrow air leaks and relatively lower friction are also the longstanding growth boosters impacting tubeless tires market growth.

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As predicted by the latest released research intelligence outlook by Fact.MR on the global market for automotive tubeless tires, the market will exhibit healthy expansion over the five-year assessment period. The global automotive tubeless tires market revenue is slated to approach US$ 195 Bn towards the end of 2022, witnessing a robust CAGR of 6.7% over 2017-2022. “Increasing implementation of standard vehicle emission regulation and soaring awareness about fuel economy regulatory norms will remain the pivotal factors shaping the automotive tubeless tires adoption targeting vehicle fuel economy,” says the senior research analyst, Fact.MR.

Commercial Vehicles to Present Promising Opportunities to Automotive Tubeless Tires Manufacturers

A recent study conducted by the authority of the California Energy Commission reveals that automotive tubeless tires, if deployed in all light commercial vehicles for their low rolling resistance, over a billion dollar worth of petrol could be conserved in California alone. While the outcome of this study reaffirms that automotive tubeless tires can potentially support high fuel efficiency and sustainable driving, the automotive tubeless tires market clearly holds promising prospects over the upcoming years. Participants in the automotive tubeless tires market competition are likely to explore attractive opportunities in the commercial vehicles segment in the near future.

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Competitive Landscape Assessment: Global Automotive Tubeless Tires Market

The global automotive tubeless tires market report has profiled some of the leading players operating the automotive tubeless tires marketplace. While Bridgestone Corporation is slated to secure a winning share in the global market for automotive tubeless tires over the foreseeable future, others tracked in the report include Michelin North America Inc., The Yokohama Rubber Co. Ltd., The Goodyear Tyre & Rubber Company, Apollo Tyres Ltd., Madras Rubber Factory Limited, Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., Continental AG, and Cheng Shin Rubber Industry Co.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Global Crawler Drill Rig Market Projections Highlighting Primary Trends until 2028

February 18, 2019 by Steve Blade  

Crawler drill rig is a chain mounted vehicle that enables it to travel through any terrain and perform drill operation on any surface. Crawler drill rig has eased out various critical operations in the construction and mining industry drilling. Crawler drill rig comprises sturdy structural channel with effective cross members, strong enough to endure high drilling loads. The crawler drill rig is provided with swing cylinders and heavy-duty lift to provide rigidity while drilling.

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Construction activities, hydropower projects, oil caverns, underground tunnel, tunnel through hills are the key areas of application of crawler drill rig. The crawler drill rig is also extensively used in the excavation of railroad tunnels, hydropower tunnel, etc. Also, for the crude oil extraction application, through horizontal directional drilling process, crawler drill rig is a key equipment to perform the drilling process. As crawler drill rig is a crucial equipment in construction and oil and gas industries, and the growth in this industry is expected to boost the growth of the Crawler Drill Rig Market over the forecast period.

Crawler Drill Rig Market: Dynamics

The demand for crawler drill rig is likely to increase significantly owing to the expansion of construction, mining and oil & gas industries. The demand for the crawler excavator is rising significantly as it is suitable for applications in uneven terrain and muddy conditions. Moreover, the crawler drill rig market is likely to be driven by the construction and mining industries, and both industries are expanding significantly. Furthermore, economic expansion of major economies across the globe is boosting investment in infrastructure, which in turn is projected to boost the growth of the crawler drill rig market. The demand for mining and oil and gas excavation is rising owing to the growing need for energy, which in turn boosts the demand for minerals. Consequently, the mining industry is expected to expand at a notable growth rate during the forecast period. The crawler drill rig market is highly dependent on global economic expansion, downturn in the economy is likely to directly reduce the investment in infrastructure. Therefore, sluggish expansion witnessed by major economies is expected to negatively affect the crawler drill rig market.

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Crawler Drill Rig Market: Regional Outlook

Western Europe holds a major share in the global crawler drill rig market, owing to the presence of prominent original equipment manufacturers (OEMs) of the off-road vehicles in the region. Western Europe is the large market also because of the countries including such as Norway, Switzerland, etc. are carrying rapid construction projects such as railway tunnels, hydropower construction, etc. Europe is followed by North America owing to increase in oil & gas extraction activities. MEA & Latin America both have been witnessing growth in oil & gas industries, which is expected to fuel the demand for crawler drill rigs in these regions. Asia Pacific is projected to show high growth in the crawler drill rig market, as countries in this region are well inundated with various resources which are now being constantly exploited. Moreover, APEJ is undergoing a rapid transformation with the boost in the economy which will further bolster the crawler drill rig market. Rest of the world is estimated to account for a relatively small share in the global crawler drill rig market.

Crawler Drill Rig Market: Participants

Examples of some of the participants operating across the value chain of the global crawler drill rig market are: Jupiter Rock Drills, Sandvik AB, Atlas Copco AB, Caterpillar, Epiroc Finland Oy Ab, Liebherr Group, KGR CRAWLER MOUNTING BLASTHOLE, Henan Jeao Heavy Industry Machinery Co., Ltd.KLR Industries Limited, 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Global Crane Pumps Market Forecast Covering Growth Inclinations & Development Strategies until 2028

February 18, 2019 by Steve Blade  

Hydraulic cranes, unlike normal cranes, can lift, carry and transport heavy equipment with the help of hydraulic systems, which are powered by Crane Pumps Market. These crane pumps or hydraulic pumps convert mechanical power into hydraulic energy by compressing the hydraulic fluid, generally oil, which transfers the applied force on to the telescopic boom of the crane. The force provided by the crane pumps can lift heavy equipment such as shipping containers, tractors, cargo containers and other heavy machinery. Given their heavy lifting capacities, crane pumps form an integral part across various industries such as shipping, automobile, construction, metal manufacturing, oil & gas and others where everyday activities require the lifting and transportation of heavy equipment to be performed by hydraulic cranes.

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Crane Pumps Market: Dynamics

The demand for crane pumps is directly proportional to the demand for hydraulic cranes. Hydraulic cranes are the most commonly used cranes across industries that involve day-to-day heavy lifting, hoisting and transportation activities. Mining, metallurgy, shipping, construction, oil & gas and various other industries require heavy lifting operations on a daily basis, which is supported by the use of hydraulic cranes. With recent trends in construction, owing to the rapid growth in urbanization and industrialization, the demand for hydraulic cranes is set to increase, which in turn is expected to surge the demand for crane pumps. Oil & gas activities, especially offshore and refinery sectors, have a constant need for heavy lifting and transportation of equipment. With recovery in global oil prices, there has been an increase in exploration and production activities, which is expected to create significant demand for crane pumps.

Overhead cranes used in shipping, warehousing and steel manufacturing industries have also been witnessing significant growth over the past few years and are expected to register significant growth in the crane pumps market over the forecast period. The mobile cranes segment is expected to register major growth in the crane pumps market, owing to their wide usage across industries. On the basis of type, gear type crane pumps are expected to dominate the market share due to their compatibility with various hydraulic fluids and low cost, while rotary vane crane pumps are expected to witness significant growth over the forecast period.

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However, the high cost associated with the manufacturing of hydraulic pumps and lack of innovation may restrict the growth of hydraulic cranes and crane pumps. But given its reliability in heavy lifting operations and industry wide application, crane pumps are expected to register significant growth over the forecast period.

Crane Pumps Market: Regional Overview

Asia-Pacific is expected to hold a major market share and witness a high growth rate in the crane pumps market over the forecast period, owing to the presence of growing economies such as China and India. North America and Europe, despite being matured markets, are pegged to witness slower growth in the crane pumps market over the forecast period, due to the upgradation and replacement of older cranes and crane pumps. Africa is estimated to exhibit moderate growth in the crane pumps market, owing to the growing urbanization in some parts of Africa. The Middle East has been witnessing increased construction activities in the tourism sector, which is expected to drive the crane pumps market.

Global Crane Pumps Market: Market Participants

Examples of some of the market participants in the global crane pumps market identified across the value chain include: Prince Manufacturing Corporation, Bosch Rexroth Ltd. Eaton Corporation Plc, Danfoss Power Solutions, Parker Hannifin Corporation, Actutant Corporation, Bailey International LLC, Linde Hydraulics, Dynamatic Technologies Ltd.

Brief Approach to Research

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://insiderstribune.com

White Pepper Market to Experience Significant Growth during the Forecast Period 2017 to 2022

February 18, 2019 by Steve Blade  

The global white pepper market research report crafted and presented by Fact.MR discusses key influencers in the market which are responsible to drive the global market. This holistic market research report involves all the factors pertaining to the various segments present in the market and the weighted analysis gives a realistic view of the market analyzed in the year 2017 and forecasted till 2022. White pepper has several advantages pertaining to cosmetics, health etc. It is widely used in the food and beverage industry and gives food items a typical taste and aroma making the food more presentable and taste wise healthy.

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Health benefits include improvement in digestion, reduction in cancer occurrence, as well as provides anti-oxidant benefits. Thereby it is used in nutraceutical industry on a large scale. Origin being natural, it acts as an enhancer of natural origin and adds value and flavor. But along with the fuelling aspects there are some pulling aspects, which affect the market in a negative way. Mainly the price fluctuations of the white pepper have a bad impact and can pose a big challenge to the growth of the white pepper market. In case of direct application, in some cases, rashes are bound to develop on the skin causing burning and itching. The global market on white pepper is bound to grow at an average CAGR of 3.7% during the forecasted period of 2017 to 2022.

Europe Expected to the Most Dominating Region Among Others

The global white pepper market is consumed on a larger scale in the European region, making it the most lucrative region for the white pepper market. Following Europe, Asia Pacific excluding Japan, seems to be the second most vital region in terms of market attractiveness. The region is characterized by both producers as well as consumers whereas Europe is a major consumer region. North America shows steady growth owing to less consumption compared to Europe. Moreover, the cosmetic industry and the food industry in Europe seems to have significant growth, hence positively influencing the white pepper market from a global perspective.

Online Segment Reflects Higher Growth Rate in the Forecasted Period

The online segment in the distribution channel analysis is expected to witness higher growth rate owing to several aspects. The prominence of this segment is increasing, however, it shows a less market revenue share. It is expected to reflect a CAGR of 4.5% over the forecasted period of 2017 to 2022. In competition with this segment, the grocery stores segment is second in line with not much difference in the CAGR, yet it holds a higher revenue share in the market as compared to the online segment. The other distribution channels are poised to grow at moderate to sluggish pace owing to the rise in the online and grocery stores segments. These segments are also expected to enjoy huge gain in the BPS while other segments are experiencing loss in the BPS since couple of years. The grocery stores segment possess higher market revenue share since it was established earlier as compared to the online stores segment.

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Conventional Segment by Product Type Experiences Loss in BPS

The organic segment by product type has gathered significant market share by revenue since past couple of years and also reflects a comparatively higher growth rate than the conventional segment. The conventional segment is expected to witness a loss in BPS, the number being more than 60 by the end of 2022 and on the contrary the organic segment enjoys a higher BPS during the same period. The CAGR of organic segment is 4% during the forecasted period of 2017 to 2022, as per market observations.

Personal Care Segment to witness higher CAGR in the Forecasted Period

The food and beverage segment is an attractive segment for the white pepper market. Moreover, the personal care segment has taken good pace and is expected to reach a CAGR of 3% in the forecasted period of 2017 to 2022. It also experiences a higher gain in the BPS by the end of 2022. Other segments show moderate growth rate in the period of forecast.

Competitive Intelligence: Understand Who All Are Serving

The research report includes a competitive landscape chapter which details out all the important key players in the market. The product portfolios, innovations, expansion strategies, global presence, mergers or acquisitions, etc., of these players in included in the study giving a detailed outline of the major players. Key players in the global whute pepper market include Everest Spices Company, McCormick and Company Inc., The British Pepper and Spice Co. Ltd., Kancor Ingredients Ltd., Ajinomoto co. Inc., and Olam International limited.

Brand Premiumization and Differentiation to Remain Key Factors Driving Automotive Interior LED Lighting Market

February 18, 2019 by Steve Blade  

  Soaring demand for autonomous vehicles and driver safety are anticipated to be key factors driving the adoption of automotive interior LED lighting through 2022. Fact.MR’s extensive report on the global automotive interior LED lighting market delivers key actionable insights on various dynamics including drivers, trends, and challenges shaping the market over the forecast period of 2017-2022. However, expensive installations and hot heat source, resulting in subsequent LED failure are critical factors restraining the widespread adoption of automotive interior LED lighting, translating into a sluggish CAGR of 2.9% by 2022.

Growing popularity of compact cars in APEJ and Europe will contribute significantly to the automotive interior LED lighting market, accounting for approximately one-third of the total revenue share. Moreover, mid-segment vehicles would present notable growth opportunities as opposed to premium vehicles over the forecast period, predicts Fact.MR. The study also records increased adoption in mid and low-segment vehicles owing to better efficiency and longer lifetime for interior lighting, further resulting in marginal contribution from premium vehicles to the global automotive interior LED lighting market.

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Technological Innovations to Bring Along a Bright Future for Automotive Interior LED Lighting Market

Offering long service life and extreme vibration resistance, automotive interior LED lighting is becoming more and more popular. Previously used in high-end vehicles, auto makers are increasingly adopting LED lighting systems in the mid and low-segment cars owing to increasing efficiency and decreasing prices of LEDs amongst other factors such as faster rise time.

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Competitive Landscape: Global Automotive Interior LED Lighting Market 

Hella KGaA Hueck & Co., Osram Licht AG, Magneti Marelli S.p.A., Koito Manufacturing Co., Ltd., Stanley Electric, Koninklijke Philips N.V, Valeo SA, and Texas Instruments are a few key players in the competitive space of the global automotive interior LED lighting market. Fact.MR’s report on the aforementioned market offers a comprehensive analysis of the company profiles, forward market strategies, and future market prospects.

In terms of sales channel, the aftermarket channel is predicted to dominate the automotive interior LED lighting market, considering marginal OEM installations at the manufacturing level. Moreover, since the interior LED lighting was previously reserved for only premium and luxury car segments, growing demand for compact and mid-segment vehicles has placed the aftermarket sales of interior LED lighting on an upward growth trajectory over the projection year, with more and more customers opting for fitments and customizations after buying the vehicle.

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Owing to advancing technology and increased acceptance of autonomous vehicles, automotive interior lighting is likely to change significantly-with focus shifting towards conveying more information including current driving mode and battery charge level. Moreover, top automotive manufacturers also predict that interior LED lighting will not just help in navigation and present vehicle information, but also be used for entertainment and communication-achieved through a combination of integrated electronics and automotive interior LEDs.

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Global Crane Barge Market to Deliver Prominent Growth & Striking Opportunities during 2018-2028

February 18, 2019 by Steve Blade  

A crane barge is a portable vessel with a flat base and is attached to a crane. Crane barges are used in a wide range of offshore actives across the globe. Due to the growing offshore oil & gas exploration and development activities, the crane barge market is expected to grow at a healthy pace in future. Moreover, offshore wind power exploration activities are expected to increase across the globe and thus, the Crane Barge Market is expected to witness healthy growth in the future. Growing global trade activities via sea ports also require crane barges for loading and unloading of shipping containers and cargo goods.

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Furthermore, commission as well as decommission activities have also created healthy demand for crane barge, especially in the European crane barge market, and thus, the region will play an important role in future. Additionally, most of the key providers of crane barges enjoy remarkable domestic presence. This can mainly be attributed to the fact that crane barges are also leased by many leasing companies and a lot of subcontracting activity forms a part of this market. 

Global Crane Barge Market: Dynamics

The global market for crane barges is anticipated to witness significant growth in future owing to healthy demand from all regions of the globe. This can be attributed to the increasing oil & gas exploration activities in Middle East & Africa, Asia Pacific and European region. Further, increasing offshore wind power exploration activities in Europe, North America & Asia Pacific regions are expected to add to the demand for crane barges in future. Additionally, growing global trade will also have a positive impact on the global crane barge market as any increase in export and import activities via sea ports will create healthy demand for sea barges in the future. Hence, the overall crane barge market is expected to grow at a positive note across all the geographies during the forecast period. 

However, the growing number of rental services & leasing companies in the global market will have a negative impact on the sales of new crane barges in the global market as these companies are providing crane barges on demand basis and thus, are restricting the purchase of new crane barges by the shipping companies. 

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Global Crane Barge Market: Regional Outlook

Asia Pacific is expected to be the most prominent market in the global crane barge market. This can be attributed to the growing import & export activities and increasing oil & gas exploration activities in the region. Middle East & Africa is also expected to play a crucial role in the global crane barge market as the market in Middle East & Africa is mostly import oriented and oil & gas activities in the region are growing at a healthy pace. This will make the market of crane barges in this region grow at a healthy CAGR in the coming years. Moreover, North America & European regions are also expected to hold noteworthy share in the global crane barge market owing to growing commission as well as decommission actives across the region, which will require new crane barges in future.

Global Crane Barge Market: Market Participants

Names of some of the market participants engaged in the manufacturing and sales of crane barges at the global level are: PLM Cranes B.V. DSB OFFSHORE LTD, Arya Shipyards, Damen Shipyards Group, Donjon Marine Co., Inc. Meyer Turku Oy, Raidco Marine International SAS, Konecranes, Poseidon Barge etc. Barge Master, Donjon Marine Co. Ltd. Power Dynamics Innovations LLC

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, material type, and end user.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Global Conveyor Scales Market Expected to Deliver Dynamic Progression until 2028

February 18, 2019 by Steve Blade  

Increasing automation in chemicals and coal industries is anticipated to be a prime factor driving the growth of the global conveyor scales market over the forecast period. Moreover, conveyor scales reduce the required number of laborers in various end-use industries. This is another important factor expected to create traction in the Conveyor Scales Market in near future. That apart, all growing end-use industries, such as chemical, cement, steel, coal, etc., both in developed and developing economies, are anticipated to further boost the demand for conveyor scales over the forecast period.

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In fast growing economies and developing markets, chemicals and coal industries are expected to witness strong traction in the coming years. Advancements in technology have led to higher acceptance for products, such as conveyor scales, which are used to weigh the material being carried on conveyor belts. In process automation, weighing and controlling the rate of materials on a conveyor belt is one of the most common procedures. Conveyor scales have been considered effective for decades now and are built with specifications for a variety of environments. Different types of conveyor scales, ranging from single idlers to multi idlers, are being offered by market players.

Installation and alignment process of conveyor scales is complex, which is anticipated to act as a restraining factor for the growth of the global conveyor scales market over the forecast period.

Market players in the conveyor scales market, these days, are offering customized conveyor scales based on consumer demand to expand their consumer base and market share in the global conveyor scales market. Moreover, manufacturers of conveyor scales are directing their focus towards determining the exact amount of material processed in a shift.

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Conveyor Scales Market: Regional Outlook

The global conveyor scales market is totally dependent on the growing demand from end-use industries across geographies. Over the forecast period, Asia Pacific will be closely followed by North America. Both of these markets are expected to dominate in terms of sales and are estimated to remain dominant in terms of demand for conveyor scales owing to the well-established manufacturers and high labor cost in these regions. Western Europe is expected to witness significant demand for conveyor scales owing to growth in the food & beverage and chemical industries in the region. Latin America is anticipated to witness remarkable growth in the conveyor scales market over the forecast period. Middle East & Africa is anticipated to grow at a significant pace during the forecast period owing to increasing demand for conveyor scales from the growing end-use industries in the region.

Conveyor Scales Market: Market Participants

The global conveyor scales market is consolidated with presence of a few global as well as regional players. Key manufacturers in the global conveyor scales market are estimated to hold dominant share in global market. Examples of some of the players identified across the value chain of the global conveyor scales market are: Siemens AG, SSS Electronics, Yamato-Scale GmbH, Control Systems Technology (CST), Merrick Industries, ConveyWeigh, LLC, Shanxi Litry Automated Technology Co., Ltd, FLSmidth, Saimo, Schenck Process India Private Ltd. Thayer Scale-Hyer Industries, Inc.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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