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Friday, June 30, 2017

Image Sensors Market Worth USD 12,030 Million by 2020 | Hexa Research

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Global Research on Image Sensors Market Analysis By Technology (CCD, CMOS, CIS), By Application (Automotive, Consumer Electronics, Defense & Aerospace, Industrial, Medical, Surveillance) And Segment Forecasts To 2020

According to the Recent Research Study by Hexa Research, global market of image sensor is estimated to reach over USD 12,030 million by 2020.Image sensors are mainly used in Tablets and Camera phones. Hence, rapid growing demand and use of these devices is likely to be major factor for growth the market. Image sensor detects and conveys that information that constitutes an image.

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Image sensor shipments were expected to cross around 1,797 million units in 2012 globally. They are estimated to reach 3,009 million units by the year 2020, with growing CAGR 6.6% from 2015 to 2020.CMOS image sensors provide numbers of profits counting super image quality more than their CCD counter parts. In 2012, CMOS image sensors dominated the market globally, contributing for over 82% of total shipments. Contact image sensors need less power and can also be used in smaller devices, this segment is expected to grow at CAGR for around 5.1 % from 2015 to 2020.

Report also stated that, Consumer electronics was expected to be the leading application segment in last few years in volume and cost terms, fueled by rising demand of tablets and mobile phones. Growing demand and usage of camera in Defense sector is expected to fuel the market demand in next five years. Few of the these systems need to be accessed on batteries on field, By which cosmos sensors use on less power that plays a fundamental role for global market demand. CMOS sensor enables the electronic pan and stabilization when there is low light sensitivity. These CMOS sensors cannot be used for scanning purpose. Europe and North America is expected to grow rapidly in next few years. With increased awareness of application of sensors, favorable government rules and regulation and also rapid growth in automobile industry is the major reason for development of Image sensor market globally.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

More information @ www.hexaresearch.com

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Flourishing E-commerce Industry to Bolster Growth of Global Cosmetic Packaging Market

The manufacturers of cosmetics have increased their focus on alluring and cutting-edge packaging since the past few decades. Numerous top personal care brands and cosmetics have started to adopt effective packaging as a key product marketing attribute. This strategy has resulted in low brand recall rates, improved visibility of brand, more sales, and a greater penetration of cosmetic packaging in promising geographies.

Transparency Market Research (TMR), a market intelligence company, covers the current and predicted scenario of the global cosmetic packaging market. It also provides highlights on the key product introductions done by the prominent players in the market and their impact on the development of the overall market.

Q. What forces will act as a ladder in the growth of the global cosmetic packaging market?

The increasing demand for anti-aging beauty products is predicted to fuel the market for cosmetic packaging globally. This is due to the fact that people all around the world are demanding cosmetic products which can enhance their overall appearance. This growing demand has come up as a high impact driver for the cosmetic packaging market because various types of packaging is employed in the making of a variety of anti-aging products. In addition, the increasing per capita expenditure on cosmetics, particularly in emerging nations, will also bode well for the sale cosmetic packaging in forthcoming years.

Furthermore, the rising utilization of numerous fragrances and deodorants amongst the male population globally is predicted to augment the development of the global cosmetic packaging market in the coming years. The booming e-commerce industry as well as the increasing inclination of top manufacturers of cosmetics to sell their products by using e-commerce will further work in favor of the development of this market. The increasing penetration of innovative packaging by prominent players will also drive market growth.

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For instance, top manufacturers have introduced cutting-edge packaging products such as airless bottles and 3D printing bottles, launched by Albea S.A and Rouge Louboutin, respectively.

Q. Which factor may become a road block in the development of the market?

Contrariwise, the unpredictable prices of raw materials such as metals, glass, paper, and plastics raise the total cost of cosmetic packaging and lowers the manufacturers’ profit margins. Due to this, the market experiences an extremely consolidated supplier base, especially in terms of glass and metals. Thus, owing to the soaring demand for cosmetic products as well as their packaging, the raw material sourcing needs have come up as a huge concern for majority of the manufacturers of cosmetic packaging who prefer metal or glass packaging in premium product varieties. This scenarios turns out to be quite challenging, especially for small cosmetic organizations, desiring to pack the products at minimum costs for maintaining the overall profitability.

Q. Which material and geographical segment will lead the market and why?

Amongst the different kind of cosmetic packaging materials, the segment of plastics is leading the market on the basis of both volume and value and is predicted to hold a share of 50% all through the forecast horizon. However, this segment is predicted to lose some of its share due to the increasing shift of consumers toward eco-friendly paper-based packaging.

Region-wise, the Asia Pacific cosmetic packaging market is holding a significant share on the basis of total demand. This region is poised to hold a share of 32.5%in the market by 2016 and will be trailed by North America and Europe. This is due to the increasing penetration of both buyers and manufacturers in the region of Asia Pacific.

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Global Solar Street Lighting Market: Subsidies Offered by Governments Bolsters Growth, observes TMR

Solar Street Lighting Market (Application - Residential, Commercial, and Industrial; Lighting Source - Compact Fluorescent Lamps (CFL) and Light Emitting Diode (LED)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

The competition in the global solar street lighting market is quite fragmented, observes Transparency Market Research (TMR). The top players are competing with each other on the basis of technology, design, and engineering. In the companies such as Philips Lighting Holding B.V., Sunna Design, Solektra International, and Bridgelux, Inc. are expected to remain relevant in the global market with innovations, competitive pricing, and related patents. The companies are also expected to focus on mergers and acquisitions as the developing countries of Asia Pacific offer tremendous scope for growth in the coming years.

Standalone Segment to Assume Lead in Global Solar Street Lighting Market

According to the research report, the global solar street lighting market was worth US$3.47 bn in 2016 and is expected to reach a valuation of US$22.30 bn by the end of 2025. During the forecast period of 2017 and 2025, the global market is expected to progress at a CAGR of 23.4%. The demand for standalone solar street lighting is expected to surpass the on grid type of solar lighting. By the end of 2025, the standalone segment is expected to hold a share of 75.7% in the global market. From a geographic point of view, Asia Pacific solar street lighting market is expected to cherish a market share of 44.2% by the end of 2025.

Pressure to Reduce Carbon Emissions Augments Demand for Solar Street Lighting

The increasing pressure on the global citizens, governments, and countries to reduce the carbon emissions and dependence on conventional sources of energy has titled their interest toward solar energy. Derived from the sun, an inexhaustible source of energy, solar power is being increasingly used in various fields and sectors. Most importantly, governments are recognizing the benefits of using solar street lighting in cities and highways as the demand for lighting continues to be on the rise. The fact that solar street lighting is quite cost-effective in comparison with conventional sources is also driving the global solar street lighting market. Factors such as clean energy sources and endless supply of main component are expected to keep the market in high spirits during the forecast period.

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The significant drop in the prices of solar lighting products has also prompted end users to opt for multifunctional, solar home solutions. Furthermore, support given by governments to end users such as subsidies, interest-free loans, and tax holidays to promote off-grid solar lighting products is expected to help the market tremendously. This has also brought down the manufacturing cost of solar lighting significantly, which has augmented the growth of the global market.

High Initial Costs Discourage End Users

On the downside, the global solar street lighting market is negatively impacted by the high initial investment of installation. These lighting systems include components such as poles, batteries, solar panels, lights, bulbs, and control systems. The high cost of these components has significantly marred market growth. The other issue hindering market growth is the conversion of conventional street lights into solar street lights as the solar lighting cannot be retrofitted. The complete change of system requires high expenditure, which is dissuading several civic authorities.

This review is based on Transparency Market Research’s report, titled “Solar Street Lighting Market (Application - Residential, Commercial, and Industrial; Lighting Source - Compact Fluorescent Lamps (CFL) and Light Emitting Diode (LED)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”

This report segments the global solar street lighting market as follows:

Solar Street Lighting Market: By Type

Standalone
On Grid

Solar Street Lighting Market: By Application

Residential
Commercial
Industrial

Solar Street Lighting Market: By Lighting Source

Compact Fluorescent Lamps (CFL)
Light Emitting Diode (LED)

Retail Sector to Drive Sales of Plastic Bags and Sacks

The demand for plastic bags and sacks has tremendously risen over the years. With the sudden eruption of hypermarkets and supermarkets around the globe, demand for plastic bags and sacks has doubled. Due to drop in oil prices, manufacturers are able to produce more plastic bags at a relatively lower cost for the raw material can be procured at low prices. Growing environmental concerns and ban on the usage of plastic bags have triggered the demand for eco-friendly sacks and reusable plastic bags.

The global plastic bag and sacks market is expected to grow in term of volume at a CAGR of over 3.0% in the forecast period. The market for plastic bags and sacks is highly fragmented and through mergers and acquisitions, the major players in the market are progressing towards consolidation. Few prominent players in the global plastic bags and sacks market include Bischof & Klein GmbH & Co, Mondi Group, Novolex, Berry Plastics Inc., AEP Industries Inc., Ampac Holdings LLC, Alpha Poly, Arihant Packaging, Goglio Group, Interplast Group, Schur Flexibles Group, Da Nang Plastic Joint Stock Company, and Hanoi Plastic Bag JSC.

Which sector is likely to contribute the most in the global plastic bags and sacks market?

In terms of application, the global plastic bags and sacks market is categorized into retail and consumer, institutional, and industrial. Accounting for over 60% of the market throughout the forecast period, the retail and consumer segment is projected to dominate the said market. Due to increase in the number of hypermarkets, supermarkets, and convenient stores, this segment will continue to lead the market in the years to come. Plus, many market giants, especially in the consumer goods sector, are using bags as ‘promotional merchandise’ to attract more customers and for better brand recognition and recall, thus supplementing the growth of the retail and consumer segment.

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Based on material type, the global plastic bags and sacks market is classified into biodegradable material and non-biodegradable material. Non-biodegradable segment is currently leading the market. However, owing to growing consumer responsiveness towards environmental concerns and the ban on plastics in many regions, the biodegradable material segment will witness immense growth. The biodegradable segment is attracting a large number of manufacturers, hence the CAGR is expected to grow over the forecast period.

Which region is expected to show impressive growth during the forecast period?

The global market for plastic bags and sacks is geographically segmented into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Among the mentioned regions, Europe accounted for a large market share in 2016. High disposable income, large number of convenient stores and hypermarkets, and vast retail and consumer sectors have driven the market growth in this region.

Asia Pacific is another attractive and a highly potential market for plastic bags and sacks. This region is estimated to score a high CAGR in the forecast period. Owing to increase in disposable income, growing purchasing power among consumers, and large manufacturing base for many consumer goods giants, this region will fuel the global plastic bags and sacks market in the years to come.

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Hydropower Market is Anticipated to be 1,525 GW in terms of Capacity by 2020 | Hexa Research

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Latest Research Report on Hydropower Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020

Global Hydropower Market capacity is expected to grow to 1,525 GW by 2020. Although fossil fuels continue to be the most popular form of generating electricity, their reserves are fast depleting. Moreover, this type is associated with environmental damage. This has contributed to the development of alternative energy sources such as hydropower.

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Hydropower does not lead emit greenhouse gases and toxic waste. It is one of the cheapest sources and offers a huge cost advantage to vendors. The IEA (International Energy Agency) foresees use to hydropower to reduce carbon emissions by about one billion tones, by 2050.

Flowing water is readily available due to the natural phenomena of rainfall and snow. Based on the requirement, turbines are conveniently adjusted to control the flow of water. These factors are expected to prove favorable for market growth. A significant part of this growth would be through run-of-river and pumped storage hydropower projects.

Hydropower plants vary in generation capacity. They can be categorized into pico-hydro, micro, small, & large. Pico and micro have a capacity of less than 100 KW. While small encompass those with capacities between 100 KW to 30 MW, large include those having installed capacity of over 30 MW.

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The worldwide hydropower market is split according to applications and geographies. Applications consist of residential, industrial, & commercial. Industrial applications held about 41% of the total installed capacity in 2012. They would account for 695 GW of hydropower by 2020.

Geographical segmentation comprises North America, Asia Pacific, Europe, & RoW (Rest of the World). Brazil was the largest regional market in Latin America. Asia Pacific could grow to lead the worldwide industry by 2020. China is projected to grow at a CAGR of 6.1% from 2013 to 2020. This can be attributed to several hydropower projects being developed in this nation. The most prominent ones include the Baihetan dam, the Xiluodo project, and the Wudongde & Xiangjiaba dam. China’s installed capacity should exceed 400 GW in 2020, rendering it the most-dominant market.

Key players of the global hydropower market are China Hydroelectric Corporation, Andritz AG, China Three Gorges Corporation, & American Hydro Corporation. Alstom Hydro, ABB Ltd., & The Tata Power Company are some of the other well-known suppliers.

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Global Flooring Market: Increase in Construction Activities to Boost Market’s Growth, says TMR

Flooring Market (Product - Carpets and Rugs, Wood, Resilient, Tile, Laminate, and Stone; Application - Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

The global flooring market demonstrates a fragmented competitive landscape due to the presence of a large pool of players, finds a new study by Transparency Market Research (TMR). The leading companies in this market, such as Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett Group, Boral Ltd., and Armstrong World Industries Inc., are likely to adopt extensive acquisition strategies to become vertically integrated, and in turn, increase their market share in the years to come, states the research study.

According to the research report, the worldwide flooring market was worth US$247.56 bn in 2016. Researchers expect this market to register a healthy rise at a CAGR of 6.40% over the period from 2017 to 2025 and create an opportunity worth US$429.25 bn by the end of the forecast period. Currently, the demand for tiles is higher than other products available in this market. Thanks to the increase in construction activities and the rising emphasis on aesthetics, the scenario is likely to remain same over the forthcoming years, notes the study.

Flooring Products to Witness High Demand in Residential Sector

The commercial, residential, and the industrial sectors have been considered as the key application areas of flooring components in this research report. The residential sector is reporting a higher demand for flooring materials and is anticipated to remain doing so over the next few years, thanks to growing construction of residential homes in countries, such as China, India, and Brazil, and the increase in re-modelling activities in the U.S. and several parts of Europe.

The growing construction of commercial skyscrapers in various regions is likely to boost the demand for flooring products in the commercial sector in the near future while the demand for these products in industrial sector is expected to be driven by the increasing usage of polymer based resilient flooring to provide an energy absorbing, water, and chemical resistant surface.

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Geographically, the report has segmented the worldwide flooring market into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. In 2016, Asia Pacific led the global market with a share of more than 42%. Thanks to the growth of the construction industry in various Asian nations, fueled by the high economic growth, the Asia Pacific flooring market is likely to continue its dominance over the period of the forecast. China is likely to surface as the leading domestic market for flooring components in Asia Pacific in the years to come, states the research report.

Rising Urbanization and Industrialization to Influence Demand for Flooring Products

With the increasing disposable income of consumers, the trend of urbanization has gained significant momentum across the world. “The swift rise in urbanization and industrialization, resulting in a substantial increase in construction activities, is having the most prominent impact on the global flooring market,” states the author of this study. The rapid infrastructural developments in developed economies has increased the demand for flooring products remarkably, boosting the overall market.

Over the coming years, the expansion in the building and construction industry in emerging regions is expected to propel this market exponentially. However, the volatility in prices of raw materials may limit the growth of this market in the years to come, reports the study.

The study presented here is based on a report by Transparency Market Research (TMR), titled “Flooring Market (Product - Carpets and Rugs, Wood, Resilient, Tile, Laminate, and Stone; Application - Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025.”

The global flooring market has been segmented as follows:

By Product

Carpets & Rugs
Wood
Resilient
Tiles
Others (Laminate, Stone etc.)

By Application

Residential
Commercial
Others (Industrial etc.)

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Global Offshore Wind Turbines Market: Better Conservation of Habitats Tilts Demand toward Offshore Turbines, Observes TMR

Offshore Wind Turbines Market - (Foundation - Mono Pile, Jacket, Tripod, and Floating; Application - Shallow Water, Transient Water, and Deep Water; Capacity - Upto 1 MW, 1-3 MW, 3-5 MW, and 5 MW and Above) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Transparency Market Research (TMR) observes that the global offshore wind turbines market faces a high degree of competition, especially in the manufacturing sector. The key players in the industry are emphasizing on expanding their geographical reach to increase their revenue earnings. Vestas Wind Systems A/S, Siemens AG, and GE Wind Energy are the leading players in the global market. This cream of the crop held a share of about 30% in the global market in 2016.

Shallow Water Segment to Pace Ahead at a CAGR of 7.7% between 2017 and 2025

According to the research report, the global offshore wind turbines market is projected to be worth US$58,729.7 mn by the end of 2025 from US$29,418.9 mn in 2016. During the forecast period of 2017 and 2025, analysts estimate that the global market will surge at a CAGR of 7.7%. In terms of location proximity, the global offshore wind turbines market is segmented into shallow, transient, and deep water. Of these, the shallow water segment is projected to witness a spike in the coming years as it surges at a CAGR of 7.7% during the forecast period.

From a geographic point of view, the global offshore wind turbines market will be led by Asia Pacific. The report suggests that this regional market will account for 55% of the global market by the end of 2025. Europe is also slated to be an important regional market in the global market in the coming years.

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Higher Potential to Produce Energy to Ensure Steady Demand for Offshore Wind Turbines

The global offshore wind turbines market is expected to grow at a steady pace in the coming years as the demand for renewable energy is projected to soar. The key advantage of using offshore wind turbines as compared to onshore wind energy is that it has a higher potential for power production. Additionally, it plays a greater role in conservation of human and wildlife habitat. Incentives schemes given out by governments for adoption of wind energy has also had a positive influence on the adoption of offshore wind turbines market. Owing to this reason, wind energy is making a significant contribution to the renewable energy mix in various nations.

Rapid advancements in development of offshore wind energy technologies in countries such as China, the U.S., and Europe have noticeably augmented the growth of the global offshore wind turbines market. Improvements in technology are projected to bring down the cost of electricity derived from offshore wind turbines, which, in turn, is projected to drive the market growth.

High and Regular Maintenance to be Market’s Downside

On the downside, the global offshore wind turbines market is likely to be affected by the high capital costs that are associated with installation of these turbines. The rising prices of steel are also expected to hamper the growth of the overall market as it is an important commodity required for building turbines. To make matters worse, the high cost of maintenance is yet another impediment in the global offshore wind turbines market. Offshore wind turbines are prone to corrosion are they are fixed in moist areas. Thus, they need regular maintenance, which is a costly affair.

This review is based on Transparency Market Research’s report, titled “Offshore Wind Turbines Market - (Foundation - Mono Pile, Jacket, Tripod, and Floating; Location Proximity - Shallow Water, Transient Water, and Deep Water; Capacity - Upto 1 MW, 1-3 MW, 3-5 MW, and 5 MW and Above) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”

The global offshore wind turbines market has been segmented as follows:

Global Offshore Wind Turbines Market: by Foundation Type

Mono Pile
Jacket
Tripod
Floating & Others

Global Offshore Wind Turbines Market: by Location Proximity

Shallow Water
Transient Water
Deep Water

Global Offshore Wind Turbines Market: by Capacity

Upto 1 MW
1-3 MW
3-5 MW
5 MW and Above

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Global Aroma Chemicals Market: Rising Demand for Natural Fragrances to Help Market Gain Considerable Impetus, says TMR

Aroma Chemicals Market (Type - Natural and Synthetic; Product - Terpenoids, Benzenoids, and Musk Chemicals; Application - Personal Care, Household Care, Medical, and Food & Beverages) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

The top four players in the global aroma chemicals market held nearly 54% share in 2015, rendering its vendor landscape consolidated. Givaudan, Symrise, IFF, and Firmenich SA constitute the leading market players. Constant effort of these companies towards technological innovations, has resulted in low processing cost and high quality products, finds Transparency Market Research (TMR) in a new study. Besides this, investment in research and development is escalating, creating lucrative opportunities for the market’s growth.

The global aroma chemicals market is forecast to exhibit a CAGR of 6.2% between 2016 and 2024. At this pace, the market’s valuation will reach US$6.57 bn by 2024, from US$3.85 bn in 2015.

Europe to Remain Dominant Regional Market for Aroma Chemicals

Among the key application segments, which include personal care, household care, and others, the personal care segment held the dominant share of 47.2% in the market in 2015. While its dominance will remain unaffected through the forecast period, the market is also expected to tread along a positive curve in the household care segment.

Regionally, North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa constitute the key market segments. Europe emerged as the region holding the largest share of 33.3% in the global market in 2015. Besides this, Asia Pacific is demonstrating lucrative opportunities for the market players. During the forecast period, the CAGR witnessed by the market in Asia Pacific is expected to remain higher than other regions.

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Rising Uses across Diverse Industries to Bolster Market Opportunities

While previously, the use of aroma chemicals was limited to the personal and household care sector, its expansion to the food and beverages and medical industries has spiked market opportunities. With the rising urbanization and growth in per capita income and spending, the demand for aroma chemicals is expected to rise especially in emerging nations such as India, China, Brazil, and Africa. “Rising income entails increasing willingness among consumers to spend on personal care products, which will create lucrative prospects for the aroma chemicals market,” said a lead TMR analyst.

Also the demand for natural fragrances is at all-time high as they are considered greener, safer, and more sustainable. While not all perceptions may be accurate, but they boost the demand for natural aroma chemicals derived from ingredients harvested from sustainably grown plants. This also connotes that the changing consumer lifestyle will have a positive influence on the overall market.

Stringent Regulations to Emerge as Key Challenge

On the downside, stringent regulation coercing companies to follow certain compliance policies is inhibiting the market’s trajectory. For instance, wastewater discharge during the production of various synthetic aroma chemicals consists of several biological oxygen compound. As regulations under the Toxic Substances Control Act (TSCA) and Clean Air Act (CAA) impose various restrictions on the emission of VOC under federal laws, the production of aroma chemicals might get curtailed to an extent.

Nevertheless, increasing market penetration and investment towards product development, will help the aroma chemicals market overcome the aforementioned difficulties and register strong growth in the forthcoming years. Also with companies focusing on product diversification, consumers will have wider options to choose from. Spurred by these factors, the global aroma chemicals market will continue treading along a positive trajectory through the forecast period.

Information included in the review is obtained from a TMR report, titled “Aroma Chemicals Market (Type - Natural and Synthetic; Product - Terpenoids, Benzenoids, and Musk Chemicals; Application - Personal Care, Household Care, Medical, and Food & Beverages) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016-2024.”

The report segments the global aroma chemicals market as:

Aroma Chemicals Market – Type Analysis

Natural
Synthetic

Aroma Chemicals Market – Product Analysis

Terpenoids
Benzenoids
Musk Chemicals
Others (include Aldehydes, Ketones, Esters, etc.)

Aroma Chemicals Market – Application Analysis

Personal care
- Fine Fragrances
- Cosmetics & Toiletries
Household Care
- Laundry
- Dishwashing
- Others (include Mosquito Repellant, Candles, etc.)
Others (include Food & Beverages, Medical, Others )

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Gluten-free Food Products Market Driven by Rising Number of Celiac Disease Patients, to Reach US$4.89 bn by 2021

Gluten Free Food Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021

Transparency Market Research (TMR) has announced the addition of a new market study on the global gluten-free food products market. The report is titled “Gluten Free Food Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.” According to the report, in terms of revenue, the global gluten-free market, which was valued at US$2.84 bn in 2014 is projected to reach US$4.89 bn by 2021, expanding at a 7.7% CAGR from 2015 to 2021.

Gluten-free food products are eatables that do not contain any traces of gluten, which is a protein composite found in barley, rye, wheat, and all their species. A gluten-free diet is a treatment for people diagnosed with celiac disease. People with celiac disease react abnormally to gluten, causing bowel damage, and thus need gluten-free food. Gluten-free diet is also recommended for non-celiac disease patients, who might develop allergies or discomfort when they eat products containing gluten. This is termed as non-celiac disease gluten sensitivity.

The gluten-free products market is driven by the rising number of celiac disease patients and the rising prevalence of non-celiac disease gluten sensitivity among people. Growing consumer awareness about the health benefits of gluten-free food is driving the market. Rising efforts for weight management among people across the globe are driving the gluten-free food products market. The high demand for gluten-free bakery products is also encouraging the market’s growth. On the other hand, lack of awareness regarding celiac disease is a huge challenge, which is restraining the growth of the gluten-free products market. However, the focus of key gluten-free food product manufacturers on the fresh food industry will open new opportunities of growth in the market.

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The gluten-free food products market is segmented on the basis of product and geography. The types of gluten-free products available are: Baby food, pasta, bakery products, and ready meals. Of these, the gluten-free bakery products segment held the largest share in the market in terms of both volume and value, in 2014. The dominance of the gluten-free bakery products segment is expected to continue throughout the forecast period. The growth is due to rising consumption of gluten-free biscuits and the shift of investment from the specialty diabetic sector to gluten-free bakery products by manufacturers.

On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. In 2014, Europe dominated the gluten-free food products market and represented a share of 52.5%. North America is expected to be the fastest growing regional market by 2021, on account of the positive consumer response to a gluten-free diet and the rising number of people suffering from celiac disease.

The report profiles the leading players in the market and studies their performance, on the basis of financial overview, recent developments, and other market dynamics. The key strategies adopted by the companies are also stated. The challenges faced by the players and the factors that helped them to grow are enlisted. Among the companies operating in the global gluten-free food products market and studied in the report include: Enjoy Life Foods LLC, Freedom Foods Group Ltd Boulder Brands Inc., Hain Celestial Group Inc, Mrs Crimble’s, Genius Foods Ltd, Ener-G Foods Inc., and Dr Schar AG/SpA.

The global gluten-free food market is segmented as follows:

Product

Gluten-free bakery products
Gluten-free baby food
Gluten-free pasta
Gluten-free ready meals

Geography

North America
- U.S.
- Canada
Europe
- Germany
- Italy
- France
- Rest of Europe
Asia Pacific
- Australia
- Rest of Asia Pacific
Middle East and Africa
Latin America

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Home Automation Market - Biggest Innovations That Have Transformed The Way We Live.

Home automation market is driven by growing need for effective solutions in various domestic applications, North America leads home automation market, rising awareness towards energy conservation helps for the growth of home automation market

Home automation solutions are being increasingly in demand across the world and by consumers across multiple economic classes. The overall demand for home automation is far stronger in developed economies than emerging ones. Nations from Latin America and Asia Pacific are not showing any signs of slowing down their demand growth rate, however, as consumers, companies, services, and solutions are growing in numbers. Additionally, home automation systems have already evolved from being cutting edge, gimmicky services to complete home care and management solutions that not only help reduce a consumer’s overall power consumption, but also improve home security and safety. A consumer with home automation solutions at their disposal no longer need to worry about forgetting whether they have left the lights on when the leave their house: they can no use their smartphones to ensure that they have.

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The global home automation market has been expanding at a phenomenal CAGR of 26.3% within a forecast period from 2013 to 2020, by the end of which the market is expected to reach US$21.6 bn. The reasons for the market’s growth rate, and its scope over the coming years, can be made clearer through the answers for the following questions.

Home Automation Going to Help in Home Management

The primary factor driving the global home automation market right now is the massive surge in demand from consumers for solutions that can let them run their homes in a better, more efficient manner. The domestic applications for home automations systems are growing at a regular pace and this is visible through the large number of companies trying to stake their claim in the market’s overall revenue. Users now have a wide range of players they can choose to help improve their usage of HVAC systems, lighting, and entertainment systems.

Examples of some of the more popular home automation solutions include Amazon’s line of devices, Echo. The latest in this line of products, Echo Show, is being marketed as an alternative to the use of smartphones, computers, and tablets at home. The Echo range of products comes with Alexa, the proprietary voice assistant from Amazon, and these devices can help a user control multiple lights and other devices in the home, book a cab to go someplace, and even order goods off Amazon.com.

Home Automation Going with Energy Conservation

One of the most basic purposes of using home automation systems is to achieve a higher level of energy consumption control. Efficient home automation systems allow users to maintain a close watch on their overall energy consumption, while also providing automated solutions to control their lighting and HVAC systems to maintain the least power consumption possible.

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Partnerships are also running strong in the global home automation market. For instance, the recent alliance between Comcast and Philips can allow a user to control their Philips’ Hue Lights using the Comcast Xfinity Home app.

Media Contact
Company Name: Transparency Market Research
Contact Person: Rohit Bhisey
Email:Send Email
Phone: +1-518-618-1030
Address:90 State Street, Suite 700
City: Albany
State: NY 12207
Country: United States
Website: http://www.transparencymarketresearch.com/