Outdoor TV Market is Expected to Grow at a 9% CAGR from 2022 to 2032

The outdoor TV market will increase at a CAGR of 3.2 % between 2020 and 2030. An predicts lacklustre growth throughout the year, despite a southern demand trend in H1 2020. Outdoor television is thought to be more resistant to erratic weather and temperature changes. It has simple day and night dimming controls that allow it to adapt to changing lighting conditions. These TV panels are designed to provide brilliant and sharp visual quality, cancelling reflection from any undesirable light source, whether enjoying entertainment on a sunny day by the pool or at night.

The love for entertaining guests in the backyard and patio is fuelling demand in the household sector. With more consumers showing inclination for relaxing outdoors than staying indoor, FMI expects outdoor televisions to get more popular in the coming years. In its recent report, FMI studies the factors boosting global consumption of outdoor television. It covers various growth drivers and restraints affecting growth of the market. The report is also intended to help market players uncover hidden opportunities.

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It offers in-depth insights into the market. Some of these are:

  • Technological advancements are fuelling innovation of altered TV sizes and resolution. These developments have made television technologically more advanced and resistant to erratic weather
  • Rising demand for high resolution TV for outdoor entertainment will boost the market
  • Increasing production capacity and consistent pressure for price reduction has made outdoor TV less expensive
  • Some of the leading TV broadcasters and content producers are investment in ultra-high-definition (UHD) technology in order to offer better content to audience. This will have a positive impact on the overall market

Despite witnessing an impressive surge in the last couple of years, the unprecedented COVID-19 outbreak has exposed the vulnerabilities of the market. Since a majority of consumers are either at self-imposed isolation or avoiding public gathering due to the fear of contracting the virus, the sales of outdoor TV will steeply decline.

Nonetheless, FMI foresees hope for the market’s recovery as soon as the coronavirus passes. People from eagerly waiting for economic activities to resume and pandemic to pass. Once it happens, they are likely to resume their outdoor activities, paving way for the expansion of the market.

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“Rising interest in sports among audience will be a prime growth driver of the outdoor TV market. Consumers often enjoy hosting outdoor parties during sports season to enjoy the event unfold with their friends and families from the comfort of their backyards. This will boost sales in the residential segment. Commercial places will be driven by the same interest as they seek advanced technologies to keep their customers entertained,” said a lead analyst at FMI.

Who is winning?

Some of the companies profiled in the report are Peerless-AV, SunBriteTV, Platinum, MirageVision, Oolaa, Cinios, SkyVue, AquaLite TV, Luxurite, The TV Shield, Dish, Shenzhen WTV Technology, Cinios, and Seura.

Companies operating in the market are focusing on making their products more advanced and high-performing to lure customers. As a result, FMI observes are higher investment in research and development among the market players.

Because the outdoor TV market is fairly competitive due to the presence of several behemoths, market players give special attention to their promotional activities. In the near future, investment towards market campaigns will surge. Besides this, companies are likely to focus on creating attractive offers to attract customers. The winning imperative identified by FMI for key market actors, is ensuring brand loyalty of consumers. The report discusses several other interesting statistics.

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Outdoor TV Market Key Segment

Product Type

  • LCD
  • LED

Screen Size

  • Less than 40 inches
  • 40-50 inches
  • 50-60 inches
  • 60-70 inches
  • 70 inches and above

Screen Type

  • Flat
  • Curved

End Use

  • Commercial
  • Residential

Price Range

  • Economy
  • Mid-Range
  • Premium

Sales Channel

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Independent Small Stores
  • Convenience Stores
  • Online Retailers
  • Other Sales Channels

Region

  • North America
  • Europe
  • Middle East and Africa
  • East Asia
  • South Asia
  • Oceania
  • Latin America

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Agriculture Nets Market Expected to Reach CAGR of 5% by the end of 2030

The worldwide agriculture net market will exceed US$1.0 Bn in 2020 and is expected to grow at a CAGR of 5% between 2020 and 2030. There has been a remarkable movement toward increasing crop yield in order to reduce reliance on imports, which has increased demand for farm nets. These nets are widely used in both commercial and sustainable farming, acting as a support system to guarantee optimum crop growth.

Attacks by locusts, unpredictable weather patterns marked by strong hail and rain, heat, and UV light penetration have greatly increased demand for agricultural nets in recent years. These nets, which come in different grades, limit the passage of heat and UV rays, maintaining the greenhouse’s temperature at an ideal level for plant growth.

Due to urban inhabitants’ serious interest in gardening as a lucrative hobby, the global agriculture market is likewise booming. Agriculture nets or shade nets are in high demand due to a trend toward creating urban jungles and sustainable living with kitchen gardens.

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The most imminent reason for burgeoning sales of agriculture nets is that it ensures reduced UV penetration, thus keeping the yield away from overexposure and damage. Today, vendors are also investing in designing agriculture nets that enhance photosynthesis, thus helping the end users create a healthy ecosystem for the plants.

Key Takeaway from Agriculture Net Market Study

  • Plastic to emerge as the leading material used in the production of agriculture nets during the forecast period
  • Farming to remain principal activity that uses agriculture net, occupying a dominant share in the global market
  • Rise of construction activities to raise demand for agriculture net for effecting coverings to prevent exposing unfinished buildings to excessive moisture
  • South Asia to see stiff competition in the agriculture net market due to influx of local players and presence of established ones

Community-driven Initiatives for Vermicomposting Creates New Growth Avenue

Growing number of urban communities are showing an inclination towards vermicomposting, which is a delicate task has led to a steady rise in the demand for agriculture nets. These nets act as perfect dividers for making pits and can be used as canopies to create shade.

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The delicate balance of light and shade that needs to be maintained for correct moisture levels in building healthy vermi compost pits is projected to drive market growth. Growing number of kitchen gardens and increasing demand for better waste management have introduced vermi compost as an effective solution. Analysts project that as these trends continue, they will continue to raise the usage of agriculture nets in the coming years.

Impact of COVID-19 on Global Agriculture Nets Market

The COVID-19 pandemic has had a moderate impact on the global agriculture net market. While the demand for these nets plummeted in the construction industry, it was offset by the demand in the agriculture sector. The lockdowns and disrupted supply chains indicated that self-reliance with agriculture will be of paramount importance to avoid dependency on other nations for imports.

COVID-19, which led to severe lockdowns, also fuelled many to work on hobbies, creating a demand for shade nets for gardening. The sudden rise in number of enthusiasts building terrace gardens are expected to favour market growth in the coming years. Furthermore, as the pandemic situation normalizes, farmers will invest in agriculture nets to boost production.

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Key Segment

Type

  • Shading Nets
  • Anti-hail
  • Anti-insects
  • Windbreak
  • Others

Form

  • Woven
  • Non-woven Form

Application

  • Farming Area
  • Animal Husbandry
  • Horticulture and Floriculture
  • Aquaculture
  • Others

End Use

  • Industrial Agriculture
  • Sustainable Agriculture

Price Range

  • Economic
  • Mid-range
  • Premium

Material Type

  • Metal
  • Plastic
  • Rubber
  • Others

Sales Channel

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Departmental Stores
  • Independent Stores
  • Hardware Stores
  • Farm Equipment Stores
  • Other Sales Channel

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Curling Irons Market is Expected to Drive Sales at a Healthy 7.1% CAGR over the Assessment Period 2029

The report forecasts the curling iron market to rise at above 7.1% CAGR between 2022 and 2029.the curling iron market is driven by consumer interest for achieving salon-like hairstyle at home. The launch of economical versions curling irons has been stoking their sales in the last couple of years. In its recent study, Future Market Insights (FMI) offers exclusive insights into the market, covering factors enabling its expansion.

The report also highlights potential threats and examines strategic moves adopted by the market players to gain competitive advantage. The market will significantly gain from the rising willingness among consumers to spend on ongoing fashion trends.

Social media influencers had a big role to play in spurring sales of curling irons. Videos on how to achieve celebrity or salon-like hairstyling at home and tools required to achieve them have been trending in social media ever since the YouTube revolution.

Among various hairstyling tools, curling iron brands too are riding the wave, which unfortunately was hindered by the unprecedented COVID-19 outbreak. Sluggish sales of curling irons are reported around the world as retails stores remain shuttered amid lockdown orders.

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Consumers in pandemic hit nations have been showing inclination to stay at home. Even with government easing lockdown orders, people are likely to adopt work from home as an integral part of the new normal. The lack of reasons to step out as consumers continue avoiding public gatherings and social events to contain the spread of the novel coronavirus has been adversely affecting the curling irons market.

A significantly large number of consumers are unlikely to spend on styling tools and focus primarily on essential commodities, which might hamper sales. Nonetheless, once the pandemic passes the market is expected to set on the path of recovery since consumers are unlikely to eliminate their fashion preferences any time soon.

FMI’s report offers a comprehensive overview on the curling irons market. Some of the key takeaways from the report are:

  • Portable and travel-friendly curling irons are expected to be appealing to consumers
  • To attract consumers, some of the leading brands have been launching curling irons with features such as anti-oxidant and vitamin coatings
  • Focus on innovation will increasing with time as companies look for methods of outsmarting competition. Companies primarily intend to offer multiple attributes. For instance, Revlon’s Nutrifusion line has curling irons infused with moringa and macadamia extracts to offer hair conditioning
  • Commercial applications of curling irons are expected to account for the primary share of revenue generated in the market. Demand witnessed in the household sector is forecast to rise considerably in the coming years

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Who is winning?

Competition in the global curling irons market is expected to get fiercer in the coming years. The launch of advanced products will spoil consumers with choices, while their preferences are already expected to evolve and get more dynamic. Aiding competitive trends will be the entry of several smaller brands.

Investing in innovations will therefore remain a key strategic move among companies operating in the market. Besides this, FMI projects ample focus on branding and promotional activities. These companies are expected to collaborate with social media influences to leverage their online presence.

According to FMI, some of the leading companies operating in the market are Koninklijke Philips N.V., Conair Corporation, Helen of Troy, Curlingiron.org., Spectrum Brands, Inc., Lunata Beauty, Dyson, Revlon, Inc., Andis Company, Geloon, among others.

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Curling Irons Market by Category

Product Type:

  • Curling Tongs
  • Curling Wands

Price Range:

  • Economic
  • Mid-Range
  • Premium

Material Type:

  • Ceramic
  • Plastic
  • Steel
  • Titanium
  • Iron

Type:

  • Corded
  • Cordless

Application:

  • Household
  • Commercial

Sales Channels:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Discount Stores
  • Independent Small Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channels

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Fabric Stain Remover Market is Expected to Enjoy a Valuation of US$ 10 Billion in 2022

The global fabric stain remover market to exhibit a CAGR of 4.7% between 2020 and 2030. In its report, FMI offers an executive-level blueprint of the market and examines the prevailing trends.

An increasing number of fabric stain remover brands are currently aiming at determining effective strategies for building brand repute. Coupled with this, companies such as Colgate-Palmolive Company, Procter & Gamble Co., Unilever PLC, Reckitt Benckiser Group PLC, and Henkel AG & Co. KGaA, are launching improved versions of their products.

The market, which until a couple of years ago was embroiled with criticism surrounding the use of chemical enzymes, is currently witnessing a slew of product launches – most of them eco-friendly. Steered by shifting consumer preferences, more companies are eliminating synthetic chemicals to offer cleaner ingredient list.

There also is ample focus on ensuring sustainable methods of disposal. Hence natural ingredients are preferred to ensure when disposed of in the environment, these stain removers don’t cause water or soil pollution.

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With the demand for organic and eco-friendly products showing no signs of slowing down, FMI projects the fabric stain remover market to surpass a valuation of US$9.24 Bn by 2020. Some of the leading brands are launching stain removers containing biodegradable ingredients such as coconut oil and mineral based surfactants and plant-based enzymes.

Ban on Use of Harmful Chemicals Will Spur Application of Natural Ingredients

Use of chemical compounds such as nonylphenol ethoxylate are banned in Canada and across several countries in Europe. The chemical is believed to mimic the estrogen in human body, thus causing hormonal imbalance which may negatively affect reproductive systems.

Stringent laws implemented across various countries curtailing the use of harmful chemicals has ushered an era of new dawn in the fabric stain remover market. To retain their existing consumers and expand global footprint, most companies are adhering to such stringent compliances.

This paradigm shift in manufacturing process will aid in the expansion of the market. Future Market Insights offers insights into some of the key trends prevailing impacting growth. These include:

Companies are likely to focus on improving their online presence. Among distribution channels FMI projects online channels to exhibit a higher pace of growth, yet offline channels are likely to continue leading the market
Rising demand for innovative laundry care products will catapult Europe to the forefront. It is expected to remain dominant regional market for fabric stain removers through the course of the forecast periodLiquid fabric stain removers are expected to remain consumer favorite among product types, constituting more than 30% of the global market

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“Leading companies are expected to focus on building their brand image. Therefore, they are likely to invest in aggressive promotion and marketing strategies to create a positive brand perception in consumers’ mind,” said a lead analyst at FMI

COVID-19 Outbreak Has Fuelled Demand for Cleaning and Hygiene Products

The home care industry is currently at the receiving end of the unprecedented COVID-19 outbreak. With stay at home orders sweeping across nations, overall spending in discretionary products has plummeted.

Meanwhile, the demand for cleaning and hygiene products has surged. More companies are now focusing on strengthening their online distribution network, which has been one of the positive influences of the pandemic.

While supply chain disruptions may stunt growth rate witnessed in the market, FMI expects it to bounce back once the coronavirus passes. The current scenario, if anything, has changed consumer behaviour for better.

They are more conscious towards maintaining personal hygiene and a healthy environment, which will ultimately boost sales in the fabric stain remover market.

Who is winning?

Some of the key players operating in the fabric stain remover market Procter & Gamble Co., Colgate-Palmolive Company, Unilever PLC, Reckitt Benckiser Group PLC, Henkel AG & Co. KGaA, Amway Corporation, S.C. Johnson & Son Inc., Kao Corporation, LG Household & Health Care Ltd., Church & Dwight Co., Inc., Lion Corporation, Oxychem Corporation, Wings Corporation, Blissful Industrial Corporation, Alen USA LLC, and Caldera Inc.

An increasing number of market players are expected to invest in research and development activities to launch innovative products. Some of the recent product launches witnessed in the market are:

In January 2020, The Procter and Gamble Company introduced Ariel Downy Pink (Ariel know for stain remover) variant to expand its offerings in the Kenya market. The product incorporates the stain removal techniqueIn 2019, CR Brands released the new OxiClean Stain Remover PenIn 2019, Kao Corporation announced the launch of concentrated liquid laundry detergent “Attack ZERO “.

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Get Valuable Insights into Fabric Stain Remover Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global fabric stain remover market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the fabric stain remover market based on the product type (powder, bars/ blocks, pacs & tablets, liquid, and others), nature (conventional, and organic), price range (economy/ mid-range, and premium), end-user (commercial and household), sales channel (direct and indirect) across seven major regions.

Key Segments of Fabric Stain Remover Industry Survey

Fabric Stain Remover Market by Product:

  • Powder
  • Bars/Blocks
  • Pacs & Tablets
  • Liquid
  • Others (Sprays, Gels, etc.)

Fabric Stain Remover Market by Nature:

  • Conventional Fabric Stain Removers
  • Organic Fabric Stain Removers

Fabric Stain Remover Market by Price Range:

  • Economy/ Mid-range Fabric Stain Removers
  • Premium Fabric Stain Removers

Fabric Stain Remover Market by End Use:

  • Household
  • Commercial
    • Hotels & Restaurants
    • Hospitals
    • Long-term Care Centers
    • Others

Fabric Stain Remover Market by Sales Channel:

  • Direct Sales of Fabric Stain Removers
  • Indirect Sales of Fabric Stain Removers
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Independent Small Stores
    • Discounted Stores
    • Online Sales Channels
    • Others

Fabric Stain Remover Market by Region:

  • North America Fabric Stain Remover Market
  • Latin America Fabric Stain Remover Market
  • Europe Fabric Stain Remover Market
  • East Asia Fabric Stain Remover Market
  • South Asia & Pacific Fabric Stain Remover Market
  • Middle East & Africa (MEA) Fabric Stain Remover Market

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Online Grocery Market to Grow at an Impressive 23% CAGR Between 2020 and 2030

The global online grocery is projected a massive 23% year-on-year growth for the online grocery market between 2020 and 2030. In its latest report, FMI studies the scope for expansion of the market across the globe and examines investment feasibility in key segments.

Online grocery shopping has been popular among younger generation, but COVID-19 outbreak pulled this novel form of shopping to mainstream. Apart from millennial, which account for more than 32% of the global population, online grocers also witnessed sizable traction from new customer archetypes. These customer groups were geriatric and sub-urban consumers. Witnessing traction from such a diverse customer archetype, online grocers also worked on their offering and expanded the portfolio of products and inventories.

Driven by the increasing consumer spending, improving rate of employment and overall economic growth, online grocery shopping has spurred. Several brands have reported a Multifood surge in sales as a direct consequence of strategies undertaken to boost their online presence and portfolio.

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Following e-commerce boom, online grocery shopping is gaining momentum – a trend which is unlikely to subside in the near future. FMI offers valuable insights into the online grocery market. Some of these are:

  • Personalized and smart packaging are likely to dominate the online grocery shopping scene. FMI’s data, revealing that packed food has comfortable lead over other product types, reiterates the same observation
  • Presence of a high percentage of millennial has sealed East Asia’s position as a highly lucrative market for online grocery
  • Subscriptions segment is poised to surge at a higher CAGR among purchaser type. Subscription based online shopping is expected to gather steam as consumers look for better convenience and personalized solutions

Economists at FMI says that online grocery shopping is one of the fastest growing sectors in the U.S. retail. As the number of online shoppers grow it is expected that e-retailers would focus on unique strategies. For instance, many of established e-retailers are partnering with small and medium service providers who would help them with door-step delivery to consumers.

 Besides leveraging strategic collaborations, several e-retailers are innovating smart packaging solutions to improve overall purchase experience. QR codes are often used to offer special discounts and coupons to customers.

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Overall, there is increasing focus on digitizing solutions to cater to the changing consumer needs. For instance, Amazon.Com Inc. has invested heavily in the development of its integrated and high-tech logistics. Through this, it intends to expand its network and geographical footprint.

With several innovations and technological developments underway, the online grocery market is poised to surge exponentially in the near future.

COVID-19 Outbreak Ushered a New Dawn for Online Shopping

COVID-19 outbreak has ushered a new era for online shopping. The unprecedented spread of the virus brought about several changes in consumer behavior. There is at least one spending shift that is bound to stick around even after coronavirus passes: buying grocery online.

The U.S., China, and India exhibit a high demand for groceries. Instant gratification has remained the unique selling proposition (USP) of brick and mortar stores, giving them an edge against online shopping. The table has however turned in favor of online grocery.

Stay-at-home orders have affected just over 300 million Americans, changing their retail habits forever. In the wake of COVID-19 pandemic, daily ecommerce sales nearly doubled itself between March and April.

Grim sales outlook following the COVID-19 outbreak and onslaught brought about by ecommerce behemoths have compelled even the most formidable brands to rethink their strategies.

Target and Walmart are two retailers holding themselves up against the perils brought about by the pandemic. Both had realized that online grocery was the key to avoid further wounds by Amazon.com a long ago. Accordingly, they invested in improving their online presence.

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This robust uptake of online grocery shopping among consumers is not a phrase rather experts believe this could might as well be a reflection of permanent change in consumer behavior.

Who is winning?

Some of the key players operating in the online grocery market are Amazon.com Inc., Walmart Inc., The Kroger Co., Peapod LLC, Fresh Direct LLC, Target Corporation, Publix Super Markets Inc., Best Buy Co. Inc., Instacart, Costco Wholesale Corporation, Safeway Inc., Carrefour S.A., Tesco PLC, Edeka Group, Aldi, Alibaba Group, JD.Com, Honestbee, Grofers India Pvt. Ltd., Avenue Supermarts Ltd. and among others.

Several online grocery/ e-retailer companies are entering into strategic partnerships with prominent retailers to cater to the growing demand for groceries and other essential items.

  • Walmart Inc. has entered into a strategic partnerships with four third-party delivery providers which are Point Pickup, Skipcart, AxleHire, and Roadie to help the company provide on-time delivery to its customers
  • In India Domino’s Pizza, Uber, Rapido, Swiggy, Zomato, and other have ventured into grocery delivery in collaboration with online grocers such as BigBasket and Grofers and retail chains such as Big Bazaar and Spencer

Market Segmentation

The global online grocery market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • Packed Foods
    • Snacks
      • Chips & Crisps
      • Salty Snacks
      • Dried Fruits
      • Mixed Nuts
      • Popcorn
    • Baked Products
      • Cookies
      •  Cakes & Pastries
      • Breads & Rolls
      • Frozen Desserts
      • Confectioneries
    •  Breakfast & Cereal
      • Cereal & Breakfast Bars
      • Granola & Muesli
      • Energy Boosting Breakfast
      • Others (Syrups, Pancakes, etc.)
    •  Ready to Eat Foods
      • Instant Noodles
      • Pasta
      • Sandwiches
      • Smoked Fish

Purchaser Type

  • One Time Purchase
  • Subscription

Delivery Type

  • Home Delivery
    • Company Owner Stores
    • Third-Party Stores
  • Click & Collect

End User

  • Individuals
  • Distributors

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Small Kitchen Appliances Market is Estimated to Expand at a CAGR of 3.5% from 2022 to 2030

Expanding at a CAGR of 3.5%, global consumption of small kitchen appliances market has reached a market valuation of US$ 102.31 Bn in 2022 and is predicted to increase to US$ 134.23 Bn by the end of 2030.

Small kitchen appliances currently account for around 15%-20% share in the global household appliances market. The e emergence of innovative products such as smart kitchen appliances is set to drive overall demand for small kitchen appliances over the coming years.

Key Takeaways from the Small Kitchen Appliances Market Study

East Asia is expected to dominate the global small kitchen appliances market owing to large population base which are more inclined towards healthy & home cook food.

  • Small kitchen appliances market is primarily dominated by small cooking appliances due to growing food easting habit in home which further creates demand for small cooking appliances such as cooker, deep fryer, toaster etc.According to FMI, residential sectors are expected to see higher sales of small kitchen appliance as compared to commercial sector however HoReCa (hotel, restaurant, cafe) segment is anticipated to expand at highest CAGR during the forecast.
  • Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast period.Modern trade (hypermarket/ supermarket) is considered as the largest sales channel in terms of value share in the global small kitchen appliances indirect sales channel.

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Small Kitchen Appliances Sales are Gaining Traction Globally owing to High Product Awareness, and New Innovative Product Launches

Technology advancements, energy efficiency, cost, and quality of the products are major factors drive consumers’ purchasing preference.

The advent of e-commerce industry and wide availability of different offline sales channel such as modern store (hypermarkets/supermarkets, specialty stores etc.) supports the industry from supply side.

Growing health consciousness, increasing consumers with cooking as hobby, growing television programs and cooking recipes on YouTube and other online platforms push the consumers towards home food which is resulting as an increased demand for small kitchen appliances across the world.

Market to Recover as Soon as Economies Return to Normalcy Post Coronavirus

Covid-19 which originated in China has now spread all over the world. Except essential products and services, all businesses are temporarily closed. As per World Economic Forum, The US and Eurozone’s economies are expected to recover to its full swing until 2023. The small kitchen appliances market is also affected due to Covid-19 pandemic as production are temporarily suspended, physical stores are closed.

Online platforms also face challenges in product delivery due to country lockdown, and low availability of stocks. However, initiatives taken by the respective country governments have checked the growth rate of people getting infected. This shows positive sign of normalcy in coming quarter for few countries such as China, India etc.

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Who is winning?

Some of the key players operating in the Small Kitchen Appliances market are Whirlpool Corporation, Panasonic Corporation, Groupe SEB, Electrolux AB, BSH Hausgerate GmbH, Haier Group, LG Electronics, Dongbu Daewoo Electronics, Samsung Electronics, Breville, Miele, Koninklijke Philips N.V., Conair Corporation and others.

Several leading foot care product players are launching new innovative products to expand their footprint and product portfolio. At present, manufacturers are focusing on R&D, merger & acquisition and partnership activities to come up with new technologies which can change the market landscape of Small Kitchen Appliances.

In Nov 2019, Caraway Home launched eco-friendly, non-toxic and non-stick materials cookware set.In Sept. 2019, Philipps had launched Keurig K-Duo coffee machine in three variants.

Get Valuable Insights into Small Kitchen Appliances Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global small kitchen appliances market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2022-2030

The small kitchen appliances study reveals compelling insights on the small kitchen appliances market on the basis of product type (small cooking appliances, food preparation appliances, and beverage making appliances), price range (premium/high, economy/mass), end user (residential, commercial), and sales channel (wholesaler/ distributor, hypermarket/ supermarket, multi-brand stores, small independent stores, online and others) across all regions.

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Key Segments of Small Kitchen Appliances Industry Survey

Small Kitchen Appliances Market by Product:

  • Small Cooking Appliances
  • Food Preparation Appliances
  • Beverage Making Appliances

Small Kitchen Appliances Market by Price Range:

  • Mass Small Kitchen Appliances
  • Premium Small Kitchen Appliances

Small Kitchen Appliances Market by End Use:

  • Residential Small Kitchen Appliances
  • Commercial Small Kitchen Appliances

Small Kitchen Appliances Market by Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Multi-brand Stores
  • Independent Stores
  • Online Stores
  • Others

Small Kitchen Appliances Market by Region:

  • North America Small Kitchen Appliances Market
  • Latin America Small Kitchen Appliances Market
  • Europe Small Kitchen Appliances Market
  • East Asia Small Kitchen Appliances Market
  • South Asia & Pacific Small Kitchen Appliances Market
  • Middle East & Africa (MEA) Small Kitchen Appliances Market

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Mammography Market Is Anticipated To Show Promising Growth Prospects In The Forecasted Period 2022-2032 | FMI

The global mammography market demand is estimated to be worth around US$ 1.7 Billion in 2022. However, with rising prevalence of breast cancer at an alarming rate the overall demand for mammography systems is anticipated to grow at around 6.5% to 9% CAGR between 2022 and 2032, totaling over US$ 3.4 Billion by 2032.

Mammography is a modern non-invasive medical imaging and diagnostic technique that uses low-dose X-rays to monitor breast tissues for the presence of tumor. It has become one of the most commonly used techniques for checking abnormalities in the absence of any symptoms. It has significantly aided in reducing breast cancer mortality rates worldwide.

Increasing prevalence of breast cancer across the world along with growing awareness about the benefits of screening and early diagnosis of breast cancer is providing a major impetus to the growth of mammography market. It is one of the most common forms of cancer among females, worldwide.

Various studies have found that the risk of breast cancer increases with aging and is common in females aged 40 years and above. It is for this reason that medical institutes and organizations like the American College of Radiology (ACR) and the National Comprehensive Cancer Network (NCCN) have recommended mammography screening for women every year, beginning at age 40. This will continue to act as a catalyst for market growth in future.

Various mammography solutions or types such as breast tomosynthesis, film screen systems, and X-ray are being used for the early diagnosis of breast cancer. However, film screen systems or screen film mammography remains the gold standard for the detection of breast cancer.

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Various government and non-government organizations are spending large amounts on increasing breast cancer screening and thus reducing the overall burden. This will continue to provide tailwinds to market growth in future. Moreover, presence of favorable reimbursement policies across many developed regions is positively impacting the mammography market growth.

Which Factors Determine the Growth of Mammography Market?

Rapid rise in the number of breast cancer cases, technological advancements in breast imaging techniques, and increasing initiatives and investments by government and private organizations for breast cancer monitoring campaigns are some of the major factors driving the global mammography market.

Mammography has emerged as one of the most advanced techniques used for the early diagnosis of breast cancer. It has significantly helped medical agencies to minimize the burden of breast cancer across the world.

Increasing incidence of breast cancer is the major force behind the expansion of mammography market. According to the World Health Organization (WHO), an estimated 2.3 million women were diagnosed with breast cancer in 2020 globally. Early detection of breast cancer becomes necessary for initiating proper treatment and therefore increasing the chances of survival. For this reason, mammography technique is being increasingly used across healthcare facilities.

Similarly factors such as increasing cases of hormonal imbalance, rising geriatric population and growing awareness among women regarding breast cancer, its diagnosis and treatment will continue to further push the sales of mammography systems in future.

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In addition to this, technological advancements in mammography systems such as the development of 3-D imaging solutions (breast tomosynthesis) coupled with increase in the number of hospitals, diagnostic centers and specialty centers are projected to further boost the growth of mammography market in future.

What are the Challenges Faced by the Mammography Industry?

Despite growing popularity of mammography for the detection of breast cancer, there are various challenges that are restraining market growth to a large extent. Some of these factors are the risk of radiation exposure, high capital investment, and lack of awareness about mammography systems across some developing and underdeveloped regions of the world.

Will North America Retain its Dominant Position in the Global Mammography Market?

North America is projected to continue its dominance in the global mammography market owing to the growing prevalence of breast cancer, rising awareness among people regarding the importance of diagnostic screening for initiating early treatment, and increasing spending by government and private organizations in research and development activities.

Within North America, the U.S. remains the most lucrative market for mammography due to rising cases of breast cancer, availability of advanced diagnostic solutions and favorable government support. According to the American Cancer Society around 287,850 new cases of invasive breast cancers cases will be diagnosed across the United States in 2022. This will continue to expand the size of mammography market across North America during the forecast period.

How is the Growth Projection for Asia Pacific Market?

According to Future Market Insights, the Asia Pacific mammography market is expected to witness high growth rate during the forecast period, owing to the increasing adoption of mammography systems, increasing investments and initiatives by government to counter breast cancer burden, and rapid development in the healthcare infrastructure across countries like China and India.

Growing awareness about breast cancer, its diagnosis and availability of alternative treatments is playing a key role in spurring the growth of mammography market across Asia Pacific nations like India and China. People are continuously opting for these techniques for the early detection of breast cancer. Once detected, timely treatment can be taken which increases the chances of survival and reduces the economic burden as well.

Moreover, governments across these countries are taking various initiatives to reduce the rising burden of breast cancer cases. This is creating a conducive environment for the growth of mammography market in the region.

Market Competition

Some of the key participants present in the global mammography market include Allengers Medical Systems Limited, FUJIFILM Holdings America Corporation, Hologic, Inc., PLANMED OY, Konica Minolta, GENERAL ELECTRIC, Inc., Siemens Healthcare Private Limited, Carestream Health, GE Healthcare, Koninklijke Philips N.V., and BET Medical.

These leading players are continuously innovating for developing novel diagnostic products with enhanced features and minimum side effects. Besides this, they are adopting growth strategies such as partnerships, acquisitions, collaborations, spending on awareness campaigns etc. to gain a competitive edge in the market.

Key Segments Profiled in the Mammography Industry Survey

By Product Type:

  • Breast Tomosynthesis
  • Film Screen Systems
  • X-Ray
  • Others

By Technology Type:

  • Digital Mammography
  • Analog Mammography
  • 3-D Mammography
  • 2-D Mammography

By End Use:

  • Hospitals
  • Special Clinics
  • Diagnosis Centers
  • Ambulatory Surgical Centers
  • Educational & Research Institutes

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Safety And Eyewash Shower Market share Current Scenario and Industry Growth Forecast with Major Key Players data by 2027

Owing to the fast growing economies and rapid industrialization, safety and healthcare facilities for workers in industries have become a major concern. Safety Motion Control System Market share showers are used to provide safety against toxic materials in work area. Safety and eyewash shower is a device used to provide emergency flushing to the body, eyes or face of a person in case of a chemical accident.

These devices should especially be installed in work areas where toxic materials are used and the location of these devices should be made easily recognizable with the help of highly visible signs. Various application areas of safety and eyewash showers include auto repair shops, factories, hospitals, schools, laboratories, etc.

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Due to the norms set by governments of various countries, every industry must provide workers with healthcare facilities and thus, it has become necessary to provide safety and eyewash shower in every workplace. Chemical accidents can happen even after strong safety precautions and good engineering control.

These days, safety and eyewash showers are highly preferred over quaint safety measures and technologies, such as face shields, goggles, etc. Combination shower and eyewash units are generally preferred in industries where workers run the risk of coming in direct contact of chemicals or any other hazardous material to body, facial area and eye.

Safety and Eyewash Shower Market:  Market Dynamics

Drivers
Increasing industrialization is a major factor expected to drive the growth of the safety and eyewash shower market over the forecast period. Due to the many norms set by governments against toxic materials, every work place is now under the obligation of installing safety and eyewash showers. This will drive the growth of the safety and eyewash shower market in recent future.

Restraints
Increasing use of robotics in various industrial sectors is a major factor expected to hinder the growth of the safety and eyewash shower market. Additionally, in low scale industries, adoption of new equipment is quite low, which is yet another factor expected to hinder the growth of the safety and eyewash shower market. Additionally, installation of safety and eyewash showers increase the overall cost and thus, some employers may refrain from installing these in the workplace.

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Trends

The newest model of eyewash shower has improved fluid control and coverage. This model comes with a pressure regulator which facilitates the uniform flow of water to the affected area. Also, the combination of shower and eyewash is preferred over portable eyewash or only shower equipment in large scale industries.

Safety and Eyewash Shower Market: Region-Wise Outlook

During the forecast period, the Asia pacific will be closely followed by North America. Both of these markets are expected to witness rich growth due to rapid industrialization and the expanding chemical industry. Japan, in particular, is estimated to witness growth in the safety and eyewash shower market due to the expected growth in the chemical industry during the forecast period.

Latin America and Eastern Europe are expected to grow at a significant CAGR during the forecast period owing to the high demand for quality eyewash showers from the growing chemical and other related industries in the region.

safety and Eyewash Shower Market: Segmentation

The global Safety and Eyewash Shower market can be segmented on the basis of product type, installation type and applications.

On the basis of product type, the safety and eyewash shower market can be segmented into:

  • Portable Eye/Face wash
  • Personal eyewash
  • Drench Shower
  • Combination of shower and eye/face wash

On the basis of installation type, the safety and eyewash shower market can be segmented into:

  • Barrier free wall mounted
  • Ceiling mounted
  • Floor mounted
  • Wall mounted
  • Portable

On the basis of application, the safety and eyewash shower market can be segmented into:

  • Industries
  • Healthcare Facilities
  • School and University
  • Laboratories

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Factory Automation And Industrial Controls Market size High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2032

The global factory automation and industrial controls market is expected to be valued at US$ 130.84 Billion in 2022. The overall demand for Factory Automation and Industrial Controls market size is projected to grow at a CAGR of 5.2% between 2022 and 2032, totaling around 216.65 Billion by 2032.

Automation is the use of mechanical and informational technologies in conjunction with manufacturing processes to build a productive and intelligent manufacturing infrastructure. The operational costs of manufacturing can be reduced with the aid of industrial control systems and factory automation. In order to increase quality, they also aid in standardising the manufacturing process. The setup comes with a high upfront cost.

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However, in the long run, investment in automation can help any firm save on manpower costs by reducing labor in factories and quality control and auditing and minimizing the cost of rework as robots are highly effective and low on errors. The use of automation also improves the company’s reputation because the finished product almost always has a high level of finish.

According to a report from Future Market Insights, the global demand for factory automation and industrial controls is anticipated to grow at a CAGR of 5.2% between 2022 and 2032, reaching a total of US$ 216.65 billion in 2032. (FMI). Sales increased significantly between 2017 and 2021, with a CAGR of 4.8%.

The industrial automation market has undoubtedly undergone some novel developments over the last few years. Such as the development of programmable logic controller (PLC) developed by Dick Morley and others – was designed to replace relay logic; it generated growth in applications where custom logic was tough to execute and change. The PLC was a lot more dependable than relay contacts and much easier to program.

Competitive Landscape:

  • In December 2021, Honeywell announced it has agreed to acquire privately held US Digital Designs, Inc., a Tempe, Ariz.-based company, for a purchase multiple of ~14X EBITDA in an all-cash transaction. The company delivers alerting and dispatch communications solutions, which enhance first responders’ efficacy and enable faster emergency response times.
  • In July 2021, ABB announced it will acquire ASTI Mobile Robotics Group (ASTI), a leading global autonomous mobile robot (AMR) manufacturer with a broad portfolio across all major applications enabled by the company’s software suite. This will expand ABB’s robotics and automation offering, making it the only company to offer a complete portfolio for the next generation of flexible automation.
  • In May 2022, Emerson Electric completed its massive merger deal with publicly traded Aspen Technology to create a new company focused on industrial software.

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Key Segments Covered in the Factory Automation and Industrial Controls Industry Analysis

Factory Automation and Industrial Controls Market by Product:

  • Field Devices
  • Industrial Control Systems
  • Manufacturing Execution Systems
  • Enterprise Resource Planning
  • Product Lifecycle Management

Factory Automation and Industrial Controls Market by End Use:

  • Automotive
  • Oil & Gas
  • Plastic
  • Power
  • Chemical & Petrochemical
  • Mining & Metals
  • Others

Factory Automation and Industrial Controls Market by Region:

  • North America Factory Automation and Industrial Controls Market
  • Latin America Factory Automation and Industrial Controls Market
  • Europe Factory Automation and Industrial Controls Market
  • Asia Pacific Factory Automation and Industrial Controls Market
  • Middle East & Africa Factory Automation and Industrial Controls Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Automotive Electronics Market Key Manufacturers, Development Trends and Competitive Analysis 2032

The automotive electronics market was estimated to be worth US$ 300,332.43 million in 2022, and it is anticipated to develop at a CAGR of 7.30% from 2022 to 2032, reaching US$ 607,574.4 million in 2032. The advancement of sensor technology and signal processing algorithms are fueled by the increasingly strict safety regulations, which are a significant factor in the growth of automotive electronics.

Electrically operated systems installed in vehicles are referred to as automotive electronics. Automotive electronic systems are frequently used in the airbag, advanced driver assistance, infotainment, electronic fuel injection, and other applications to boost the combined system’s overall effectiveness. As the market for electric and hybrid vehicles expands, these systems are likely to become a significant area of focus for electronic system providers.

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Technological developments in the automotive sector, such as electrical active suspensions and power trains for electric vehicles, will expand the applications for power electronic systems, which are expected to support the automotive electronics market growth.

On the other hand, it is expected that the low adoption of automotive electronics in newly industrialised nations and the rise in the overall cost of the finished product as a result of the integration of automotive electronics will significantly restrain the automotive electronics market growth in the near future.

Key Takeaways:

  • The largest automotive electronics market share is in Europe. From 2022 to 2032, the region is anticipated to grow at a rate of over 27.0%.
  • Automotive Electronics are anticipated to experience significant growth opportunities in North America, where they are projected to account for 12.0% of global sales by 2022.
  • With promising opportunities for automotive electronics market expansion, Asia-Pacific is anticipated to expand and reach a sizeable share of 10.4% in 2022.
  • MEA is anticipated to offer significant automotive electronics market growth opportunities and is projected to hold a 4.8% share in 2022.
  • From 2021 to 2028, the ADAS automotive electronics market is anticipated to grow at a CAGR of more than 10.6%.
  • In 2020, the safety systems market segment held the largest automotive electronics market share, at about 29%.

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Start-up Ecosystem:

Numerous well-known automotive electronics market participants, including MotoLink, CAPSolar, iElektron, Berxel, and EPowerlabs, among others, are collaborating to offer the most advanced Acrylic BoxCleaes for enhancing the international scene. The automotive electronics market is home to a large number of international start-ups that are making progress in order to meet the demands of this industry.

  • MotoLink LLC

The world’s first connectivity platform for power sports vehicles, announced by MotoLink LLC, a wireless connectivity technology provider for the industry, enables the collection and monetization of sensor and geolocation data that the vehicles generate on a daily basis.

  • CAPSolar

Flexible, high-efficiency solar modules are created by Canadian start-up CAPSolar for light electric vehicles. CAPSolar not only produces solar modules but also provides on-site deployment and performance tracking of the planned modules.

  • iElektron

An Indian start-up called iElektron creates products for embedded hardware and software. Using cloud connectivity deployed on Amazon cloud servers, its automotive electronic IoT module enables the real-time monitoring and tracking of vehicles. With the help of this solution, original equipment manufacturers (OEM) will have access to the hardware needed to outfit a fleet of vehicles.

Competitive Landscape:

Among the leading companies operating in the automotive electronics market are Hitachi Automotive Systems, Ltd., Visteon Corporation, Hella GmbH& Co. KGaA, Infineon Technologies AG, Robert Bosch GmbH, Valeo Inc., ZF Friedrichshafen AG, Continental AG, DENSO Corporation, and Xilinx, Inc.

The automotive electronics market is extremely competitive, which can be attributed to the large number of participants. A number of regional level players are also active across key growth regions, particularly in Europe. Global players, such as Continental AG, DENSO Corporation, Hella GmbH& Co. KGaA, and Infineon Technologies AG, account for a sizeable portion of the automotive electronics market.

Key Segments Profiled in the Automotive Electronics Industry Survey

Automotive Electronics Market by Application:

  • Automotive Electronics for Advanced Driver Assistance Systems (ADAS)
  • Automotive Electronics for Body Electronics
  • Automotive Electronics for Entertainment
  • Automotive Electronics for Powertrain
  • Automotive Electronics for Safety Systems

Automotive Electronics Market by Vehicle:

  • Automotive Electronics for Light Commercial Vehicles
  • Automotive Electronics for Passenger Vehicles
  • Automotive Electronics for Heavy Commercial Vehicles

Automotive Electronics Market by Region:

  • North America Automotive Electronics Market
  • Latin America Automotive Electronics Market
  • Europe Automotive Electronics Market
  • East Asia Automotive Electronics Market
  • South Asia Automotive Electronics Market
  • Oceania Automotive Electronics Market
  • Middle East & Africa Automotive Electronics Market

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Recent Development:

Date Company Strategy Details
August 2022 Continental AG Product Launch The new PremiumContact 7 will be made available to dealers as early as fall 2022, Continental AG announced in August 2022. The PremiumContact 7’s handling, braking performance, and ride comfort have all been enhanced over its predecessor thanks to new technologies and design changes. Maximum safety for all drive types was a top priority for Continental during development.
April 2021 DENSO Corporation Product Launch The creation of products with cutting-edge driver assistance technology for the new Lexus LS was announced by DENSO Corporation in April 2021. The recently created Advanced Drive would have LiDAR to identify the shapes of adjacent cars and roads.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
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