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Market Research

Avocado Oil Market Revenue, Size, Share, Growth, Trends, Industry Forecast 2025

Avocado oil is directly extracted from the pulp of avocado fruit, instead of seed, like other oils. Most fruits primarily contain carbohydrates; however, avocado is high in fiber, potassium, possesses rich texture, healthy fats, good flavor, and guacamole. Pulp of the avocado fruit consists of about 30% oil, which is majorly composed of 20 different vitamins including vitamin K, C, E, B5, B6, omega 9 fatty acid, and oleic acid. Avocado oil is used in cooking oil and hair and skin care solutions due to its proven powerful health benefits. There are various types of avocados, which vary according to shape, from pear-shaped to round or and from green to black colored avocado; however, a highly popular type is the Hass avocado. Avocadoes do not contain any sodium or cholesterol, and they further helps reduce blood triglycerides, LDL (Low Density Lipoprotein) cholesterol and HDL (High Density Lipoprotein) cholesterol levels significantly.

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Factors such as positive perception among health experts and consumers, nutrient rich composition, and rising awareness about healthy lifestyle are some of the factors which are expected to drive the global avocado market during the forecast period. Significant rise in health issues such as heart diseases and chronic diseases arising from substantial consumption of high fat butter and oils is boosting the demand for healthy oils. Some beneficial properties of avocado oils such as an optimum level of antioxidants and good fatty acids are the primary reasons for health experts to recommend its consumption. Furthermore, the availability of avocado all year round provides it with a competitive advantage to sustain demand all year. A major factor which is likely to hamper the market is the price of avocado oil. Avocado oils are marginally expensive, especially in developing countries, which is expected to hinder the adoption of avocado products. A major trend observed in market is mixing of flavored avocado oil with natural edible oils including almond oil, olive oil, safflower oil, coconut oil, grape seed oil, and shea butter. The mixture is blended in such a way that, characteristics of each oil can complement each other.

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The global avocado oil market can be segmented based on type, variety, application, and region. Owing to the presence of numerous varieties of avocados, oil can be extracted from various sources. Therefore, based on variety, the market can be classified into Hass, Pinkerton, Gwen, Lamb Hass, Bacon, Zutano, Fuerte, and others. The Hass segment is expected to hold a significant share of the market share during the forecast period due to its considerable popularity and major health benefits. In terms of type, the avocado oil market can be segregated into extra-virgin oil, virgin oil, pure oil, and blends oil. Extra-virgin oil is extracted from superior quality avocado fruits at low temperatures without the addition of any chemical additives. Extra-virgin oil is of highest quality among all four type. Based on application, the market can be classified into personal care products, cooking, medicinal products, and others. Avocado oil is an ideal choice as frying oil while cooking due to its high smoking point. In terms of region, the global avocado oil market can be segmented into North America, Europe, Middle East & Africa, Asia Pacific, and South America. Developed regions, including the U.S. and Western Europe where awareness and price are not major concerns, are expected to witness strong demand for avocado oil. Countries in South America including Dominican Republic, Chile, Peru, Mexico, Brazil, and Colombia are major producers of avocado in the world.

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Key players operating in the global avocado oil market include Bella Vado, Olivado, SESAJAL S.A. de C.V., CHOSEN FOODS LLC, Avocado Global Pte Ltd, Avoolio Oil De Mexico, BIO Planète, Kevala, The Village Press, Tron Hermanos, and La Tourangelle.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Energy Market Research

COVID-19 Impact on Large-scale LNG Terminals Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2017 – 2023

The large-scale LNG terminals market has been attracting sizable investments by hydrocarbon companies on the back of rising demands for natural gas either as feedstock or as environmentally friendly energy sources, notes Transparency Market Research (TMR). Constructions of large-scale LNG terminals especially in developed nations are fast making strides, helped by favorable government regulations and several other initiatives. In various developing and developed countries, particularly North America and South America, the large-scale LNG terminals market has gained a striking momentum with the policy catalysis in promoting LNG as replacement of costlier petroleum-based fuels.

Numerous top players in the large-scale LNG terminals market have sought leadership position by investment sizably in setting and consolidating handling and distribution facilities. Rising volumes of natural gas transported around the world has imparted a robust momentum to the expansion of the market. TMR observes that as the trend is likely to continue, the intensity of competition in the large-scale LNG terminals market is expected to increase further.

Some of the prominent names in the large-scale LNG terminals market are ExxonMobil, Nippon, Conoco Phillips Company, and Royal Dutch Shell plc.

The global large-scale LNG terminals market was worth 3,687.7 MMTPA in 2017 and is projected to clock a CAGR of 3.9% from 2017 to 2023. By the end of the period, the throughput will climb to 4,664.7 MMTPA.

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Strides in Natural Gas Industry in Developing and Developed Regions Support Growth

The reserves of natural gas is burgeoning in certain parts of the world, propelling the growth of the large-scale LNG terminals market. Most prominently, the U.S. has over the past few years has been witnessing the burgeoning natural gas production, on the back of rising shale gas production. The natural gas industry has immensely benefitted from the boom in shale gas production. This is perhaps the most significant factor in catapulting North America to acquire a major share in the large-scale LNG terminals market.

Advances in regasification systems have helped bolster import and export of LNG, thus catalyzing prospects in the large-scale LNG terminals market. The technology has been receiving considerable interest of stakeholders pertaining to LNG transportation and distribution.

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Large-scale LNG Terminals Attracting Investments by Industries Adopting Emission Regulations

The growth in the global large-scale LNG terminals market has also been fueled increasingly by the implementation of environmental regulations that promote reduction of emissions. These regulations are increasingly helping in bringing down the emission of NOX, SOX, and carbon dioxide from the energy and oil industries. The growing demand for LNG in hydrogen production in numerous countries around the world is also boosting the market. The significantly low footprint associated with the burning of LNG has made it occupy a key position as one of the cleaner fossil fuels of the globe.

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Increased Focus on Fuel Supply Security Draw Attention of Governments

Rising use of LNG as a fuel in heavy road transport is a key factor driving the large-scale LNG terminals market. Regions at the forefront in the uptake are North America, Europe, and Asia. Governments in these countries have intensified their efforts to strengthen LNG infrastructures on improving the access and availability of the energy source. Another stimulating factor contributing to the investments of these regions in large-scale LNG terminals is the worldwide focus of fuel supply security. Moreover, the maritime industry in these and several other countries have started taking interest in LNG to maintain their competitiveness.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Large-scale LNG Terminals Market (Type – Onshore and Offshore; Technology – Liquefaction and Regasification) – Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2017 – 2023.”

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Coronavirus Market Research

Comprehensive Report on 3D Audio Market 2018 | Size, Growth, Demand, Opportunities & Forecast To 2026

3D Audio Market -Snapshot

The audio industry, which is in a re-evaluation stage, is witnessing significant technological advancements across the industry. Developments in the music industry, which saw introduction of upgraded audio technology (also known as three dimensional (3D) audio), has changed the way services are being delivered. With focus on enhancing consumer experience, this sound mix technology delivers music (sound) to a listener in three dimensions. The market for 3D audio is forecast to quickly grow to US$ 14,498.0 Mn by 2026 from US$ 3,194.5 Mn in 2016, recording a CAGR of 16.6%.

The 3D audio market has seen demand traction due to rising implementation across end-use applications, with commercial implementations holding the largest share. Industries, such as gaming, cinemas, music, and automobiles, are the leading verticals adopting the technology so as to enhance the natural sound experience and real-life visualization experience of customers.

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3D audio has gained traction only recently, although 3D vision has long been in demand and visual technologies already enjoy strong acceptance among industries and consumers. A close study of recent product launches and developments of key industry participants active in the 3D audio market reveals that industries such as gaming, music, VR, and cinemas would continue to dominate the market throughout the forecast period. Non-commercial applications too such as personal mobile devices and home theater are forecast to see demand surge, gaining significant uptake toward the second half of the forecast period of the 3D audio market study. Typical personal entertainment devices include products such as Ambeo headsets, Hooke verse headphones, 3D audio enabled headphones, head trackers and others. This rise is attributable to further improvement in consumer acceptance and expected dip in product prices. Improvement in consumer spending on personal entertainment is seen as crucial to influencing market growth trends for both commercial and non-commercial applications. The 3D audio market however still faces challenges such as absence of any standard and universal format or configuration, which has negatively affected further large scale proliferation of technology.

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These existing technology integration and distribution related challenges offer possible opportunities, such as need for service providers or intermediaries addressing compatibility issues. Any further development and exploration of 3D audio technology as human computer interface technology is expected to open new sets of unexplored opportunities, right from automation/IoT to driver assistance systems, remote device management, and so on, thereby supporting 3D audio market growth.

Attracted by this fast expanding market and underlying latent demand, many players are driven to invest in the market for 3D audio technology products and services. Right from platform/software developers to device manufacturers and professional services providers, there is a rush of companies across industries to strengthen their foothold in the 3D audio market. For instance, till 2017, Auro Technologies had installed 600 AURO 11.1 3D audio systems for cinemas across the world. Dolby Atmos had installed approximately 2000 3D audio systems across the world. However, since established players such as Dolby, DTS, and others already have a strong network in the market and technology expertise, new entrants may find it challenging to establish a foothold without a unique value proposition. Some of the prominent players as identified in the 3D audio market and profiled in the study include – OSSIC, 3D Sound Labs, Auro Technologies Inc, Comhear Inc., Core Sound LLC., dearVR, Dolby Labs, DTS, Inc (Xperi Corporation), Dysonics, Hooke Audio, ISONO Sound, Sennheiser electronic GmbH & Co., VisiSonics Corporation (Realspace 3D), and Waves Audio Ltd.

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Coronavirus Market Research

Impact of COVID-19 on Payroll – HR Solutions and Services Market Latest trending report is booming globally During the Forecast Period 2018 –2026

Payroll – HR Solutions and Services Market – Snapshot

Payroll & HR solutions & services automate, organize, and simplify complex compensation planning and enables enterprise to improve budget allocations, increase accuracy, and align compensation decisions with organizational guidelines. Enterprise are implementing payroll & HR solutions & services to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. Cloud-based payroll software is being installed by companies as it is economical and improves the efficiency of the compensation and review processes. The growing acceptance of cloud-based payroll & HR solutions & services can be attributed to its advantages over the traditional payroll process. Cloud-based payroll & HR solutions & services enable enterprises to access data and services remotely through a web-browser without installing and managing application software. Moreover, it also provides flexibility in deployment and has a short implementation time. This reduces implementation cost and improves the return on investment.

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The global payroll & HR solutions & services market has been segmented in terms of deployment, organization, solution, industry vertical, and region. In terms of deployment, the market has been segmented into cloud, on-premise,and hybrid. The global market by organization size comprises small & medium enterprises (SME’s) and large enterprise. The small and medium enterprises (SMEs) segment comprises the income generated from the sale of payroll & HR solutions & services to enterprises/companies with strength of 1-500 employees. Large enterprise segment reflects the revenue generated from the sale of payroll & HR solutions & services to enterprises/companies with a labor force of more than 500 employees. In large enterprises, adoption of payroll & HR solutions & services is already high as it is a cost effective process, improves security measures, and assists in compliance management. Based on solution, the global payroll & HR solutions & services market is categorized into software and services. The software segment is further fragmented into suite and standalone. The standalone sub segment is classified into payroll and compensation management, time and attendance management, compliance management, workforce management, claims administration, employee benefits management, hire management and others (tax management, report generation, etc.).  On the basis of industry vertical, the market is divided into banking, financial services, and insurance (BFSI), government, healthcare, manufacturing, retail, telecom and IT, transportation and logistics, and others. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East &Africa, and South America.

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The North America region is dominant in the adoption of payroll & HR solutions & services. The high adoption of digital technology across all major verticals helps the market to grow in North America, particularly in the U.S and Canada. The market is in the emerging stage in the regions of Asia Pacific (APAC), Latin America, and Middle East &Africa (MEA). Therefore, these regions offer immense scope for the adoption of payroll & HR solutions & services. Additionally, the growing technological developments in the field of cloud, analytics, and the emergence of mobile technologies have led to the high adoption of payroll & HR solutions & services in major verticals such as banking, financial services, and insurance (BFSI), transportation and logistics, and healthcare.

This report on the global payroll & HR solutions & services market provides market revenue share analysis of the various key participants.Some of the key players profiled in the report include Automatic Data Processing, Inc. (ADP), Paycor, Inc., Paycom Software, Inc., TMF Group Holding B.V., SAP SE, Sage Group plc., Paychex, Inc., Ramco Systems Limited, Kronos Incorporated, Paylocity Corporation, Ultimate Software Group, Oracle Corporation, Jobvite, Inc., Intuit Inc. and TriNet Group, Inc. .

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Coronavirus Market Research

Impact of COVID-19 on Connected Worker Market Latest trending report is booming globally During the Forecast Period 2020 –2030

Connected Worker Market: Summary

The benefits of the emergence of a digital era are visible through many aspects across the globe. Today, every individual and business is digitally connected through one or the other way. While every business and sector is proceeding toward digital connectivity, the manufacturing sector was lagging in some aspects.

Every worker at the manufacturing plant was earlier chalking all the data of the day-to-day activities manually. With the advent of connected worker technology, the manufacturing sector has transcended into an era of connectivity, thus reducing human errors and enhancing digitalization in operations smoothly. This allows the manufacturers to prevent gridlocks and escalate efficiency.

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A connected worker solution is a software or platform which allows the manufacturers to derive real-time visibility in their processes by digitization and augmented operator workflow. The transcendence toward these platforms on a large scale may assist the global connected worker market to gain great growth across the assessment period of 2020-2030.

Connected Worker Market: Competitive Analysis

Although the connected worker market is in its nascent stages, it is highly fragmented with a diverse range of players from small startups to large tech-giants. This factor makes the competition interesting. As many manufacturing companies gear up for transforming their factory into the ‘Factory of the Future’, the players in the connected worker market strive hard to design platforms that help the factories to connect seamlessly without any barriers or bugs.

To create awareness among the manufacturers of various sectors, the players design advertising strategies and display their platforms at various exhibitions and tech-meets. This factor helps in the magnified generation of revenue. The players are also involved in activities like mergers, acquisitions, partnerships, collaborations, and joint ventures for expanding their dominance.

Some well-established players in the connected worker market are Vandrico Solutions Inc., Honeywell International Inc., Intel Corporation, SAP SE, Oracle Corporation, and Avnet Inc.

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Connected Worker Market: COVID-19 Impact

Some tremors in the growth rate of the connected worker market were observed during the strict lockdown imposition period applied by various countries on the grounds of COVID-19. As the countries relaxed some restrictions and allowed manufacturing facilities to operate, the demand for connected worker solutions increased greatly.

Remote assistance to the workers and the ‘track and trace’ initiatives with the help of Augmented Reality (AR) technology are some of the features that have led to an increase in demand for connected worker platforms.

Connected Worker Market: Uses across Different Work Categories

Connected worker platforms are used across people associated with different work categories. Some prominent work types are as follows:

Executives: Novel connected worker not just connect on-field workers but also executives with the workers in the plant to enable smooth resource allocation to the workers.

Operators: When operators are integrated with connected worker platforms, the complexity of their tasks is reduced with the help of a connected infrastructure. This infrastructure assists better than manually jotted down SOPs.

Field workers: On-field workers are connected seamlessly with remote workers and support systems with the help of connected worker platforms.

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Connected Worker Market: Benefits

Some benefits of connected worker platforms are as follows:

  • Real-time access to all data
  • Enhanced visibility of on-field work
  • Strong error-elimination
  • Simpler asset management
  • Increased support for the geriatric workforce
  • Efficient and collaborative manufacturing systems

Connected Worker Market: Geographical Prospects

North America may emerge as a prominent growth contributor for the connected worker market across the assessment period of 2020-2030. A significant factor is the large presence of players involved in the connected worker market across various countries in the region. The connected worker market is also increasing its influence in Asia Pacific as several industries are present in the region.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Energy Market Research

Marine Fuel Management Market Estimated to Reach US$ 6,007.0 Mn by 2026

Transparency Market Research has published a new market report titled ‘Marine Fuel Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global marine fuel management market was valued at US$ 5,693.8 Mn in 2017 and is projected to reach US$ 6,007.0 Mn by 2026, expanding at a CAGR of 4.4% from 2018 to 2026.

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Marine fuel management is an approach to measure, monitor, and report fuel usage of vessels/ships/boats. It helps reduce fuel usage, improve fleet management, reduce emissions, and increase operational efficiency. In terms of value, the marine fuel management market in Asia Pacific and Europe is anticipated to expand significantly during the forecast period. Increase in maritime activities and rise in government initiatives for development of marine fuel management systems are estimated to drive the market during the forecast period. Asia Pacific and its strong economies such as China, Singapore, and Australia have been investing substantially in navigation automation, marine fuel management systems, dynamic positioning of vessels, ballast water management, fuel consumption meters, and density and viscosity meters. The waters around Japan, China, and Singapore witness substantial movement of merchant vessels. In terms of process and application, the others segment is expected to expand at a rapid pace despite the current lows and fluctuations in crude oil prices. In Asia Pacific, ship owners, ship managers and associated solution providers, IT & data associations, and consultants and technology providers are collectively working toward ensuring vessel efficiency, optimization, and management of fuel consumption. The marine fuel management market is likely to to be driven by low sulfur regulations in Emission Control Areas (ECAs) and rise in demand for achieving greater on-board performance to keep fuel consumption in check. The U.S. in North America controls approximately 80% of merchant vessels. North America has many emission controlled areas (ECA). It also experiences fluctuations in oil and gas prices. These factors are likely to restrain the marine fuel management market in the region. With a cut in sulfur limits from 3.5% to 0.5%, many ports in the U.S. and Canada have defined Emission Control Areas (ECAs). Cheap bunker fuel is being replaced by low sulfur fuel. However, with current lows in the oil and gas sector, the shipping industry has been affected. The need for marine fuel management in winters is likely to offer attractive opportunities to the market in the U.S. and Canada.

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The global marine fuel management market can be segmented based on process, application, and region. In terms of process, the market can be classified into measuring, monitoring, reporting, and others. Measuring is a widely used process for marine fuel management. Based on application, the market can be categorized into fuel consumption, efficiency level, fleet management, viscosity control, and others. Increase in global crude oil prices is boosting demand for marine fuel management. Many countries across the globe are investing in shipbuilding activities. This is driving demand for marine fuel management worldwide.

Key players in the marine fuel management market are expected to benefit from the formation of strategic alliances with global players. Prominent players operating in the marine fuel management market include Emerson Electric Co., DNV-GL AS, ABB, Siemens AG, and Bergan Blue.

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Marine Fuel Management Market, by Process

  • Measuring
  • Monitoring
  • Reporting
  • Others

Marine Fuel Management Market, by Application

  • Fuel Consumption
  • Efficiency Level
  • Fleet Management
  • Viscosity Control
  • Others
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Coronavirus Market Research

Rayon Fancy Yarn Market Outlook: Market Trends, Size, Share, Segmentation, Growth and Competitive Landscape ,Trends And Forecast To 2030

Global Rayon Fancy Yarn Market – Introduction

  • Rayon fancy yarn is a man-made regenerated cellulose fiber prepared from natural sources of cellulose, such as wood and related agricultural products. Properties of rayon are very much similar to natural cellulose fibers such as cotton and linen. Rayon fancy yarn is relatively inexpensive as compared to other varieties of fancy yarn.
  • People across the globe are experiencing home isolation due to the COVID-19 pandemic, which has impacted the production of rayon fancy yarn, as most federal governments have implemented lockdown. Manufacturing companies are also expanding their online sales channels in various countries across the globe in order to boost the sale of their exclusive range of rayon fancy yarn.

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Increasing Demand for Fashion Fabrics

  • Rapid expansion of the middle class population and changing consumer preferences related to fashion and clothing are estimated to drive the demand for fancy yarn during the forecast period. The commercial significance of fancy yarn is expected to increase due to its richness and artistic impact on woven and knitted fibers.
  • The style conscious young generation is investing in fashion clothing and always looking for diversified offerings. Fashion fabrics are increasingly used in knitwear and outwear.

Rise in Production and Export of Fancy Yarn

  • Increase in production of various types of fancy yarn in China, India, Korea, Taiwan, Turkey, and the U.S. etc. is projected to drive the rayon fancy yarn market during the forecasted timeline. Countries such as China, India, Taiwan, and Turkey are exporting fancy yarn to various countries of the globe due to rapid increase in demand for rayon fancy yarn to manufacture outwear, curtains, protective clothing etc.

Rayon Fancy Yarn Market in Asia Pacific to Expand Rapidly

  • Geographically, the global rayon fancy yarn market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
  • Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. The country-level analysis and forecast of the Europe market includes historical and forecast analysis for the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the rayon fancy yarn market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America rayon fancy yarn market is categorized into Brazil, and Rest of South America.
  • The rayon fancy yarn market in Asia Pacific expanded at a rapid pace in 2019. The market in Asia Pacific is anticipated to expand at a significant rate during the forecast period due to a rise in usage of rayon in making sportswear, curtains, and cushions etc. in India, Japan, South Korea, and various other countries across Southeast Asia.

Key Players Operating in the Rayon Fancy Yarn Market

Prominent rayon fancy yarn companies are projected to witness tough competition during the forecast period. Brands such as Filpucci spa, Grasim Industries Limited., XIAMEN HLX IMPORT AND EXPORT CO., LTD., and ITOCHU Corporation are investing significantly on research & development to introduce new range of rayon fancy yarn and launch an exclusive range of rayon fancy yarn into the market. Companies are boosting awareness and conducting promotional drives to increase the demand for rayon fancy yarn in emerging economies across the globe.

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Key players operating in the global rayon fancy yarn market include:

  • Filpucci spa
  • Shanti Rayons India Pvt. Ltd.
  • Cortex Textile
  • Hangzhou Xingsheng Textile Co Ltd.
  • Grasim Industries Limited.
  • RST GROUP
  • XIAMEN HLX IMPORT AND EXPORT CO., LTD.
  • Sateri
  • Winning Textile Co. Ltd.
  • ITOCHU Corporation

Global Rayon Fancy Yarn Market – Research Scope

Global Rayon Fancy Yarn Market, by Product Type

  • Spiral Yarn
  • Gimp Yarn
  • Loop Yarn
  • Snarl Yarn
  • Knob Yarn
  • Slub Yarn
  • Others (Cover Yarn, Chenille Yarn, etc.)

Global Rayon Fancy Yarn Market, by Price

  • High/Premium
  • Medium
  • Low

Global Rayon Fancy Yarn Market, by End-use

  • Fashion Clothing
  • Knitwear
  • Ties
  • Furnishings
  • Curtains
  • Upholstery
  • Others

Global Rayon Fancy Yarn Market, by Distribution Channel

  • Offline
  • Online

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Coronavirus Market Research

Impact of COVID-19 on Driving Apparel Market – Global Industry Outlook, Share, Growth Analysis, Trends, Growth During the Forecast Period 2017 –2025

Driving apparels are designed to protect riders from injuries in case of deadly accident while driving. These apparels include jackets, boots, gloves, pants, armors, helmets, and similar protection accessories.

Motorcycle jackets and pants are manufactured using leather or specific fabrics. These jackets are stitched with heavy padding on shoulder, spine, and elbow.

Gloves are usually made of cloth, carbon fiber, and leather with special focus on knuckle protection. Boots, specifically designed for biking purpose, constitute of plastic caps on toe and ankle area aiming to provide maximum protection.

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Rising trend of sports riding and bike racing is presenting tremendous growth opportunities to driving apparel market. Passion for such activities is commonly seen in youth. Registering the choice of prominent customer base, manufacturers are launching apparels. These apparels are manufactured while keeping fashion and safety statement in mind. This, in turn, is fuelling the purchase rate of these apparels.

Increasing awareness about road safety norms and enforcement of stringent government regulation for driving are major factors fuelling demand for driving apparels. Growing popularity of motorsports is aiding to enhance consumer base for driving apparels.

Meanwhile, availability of jackets, helmets, gloves, boots, and similar protective accessories in several retail outlets is estimate to drive demand for these products. This, in turn, will fuel global driving apparel market.

On the other hand, driving apparel market is witnessing intense competition due to presence of several manufacturers.  Regional manufactures are manufacturing driving apparels under their own brand name. These driving apparels are available at considerable low price.

This is a major factor anticipated to downturn the growth trajectory of the global driving apparel market.

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Global Driving Apparel Market: Snapshot

In a number of countries, particularly those that are developed, the number of riding and driving enthusiasts is increasing. With incremented disposable income among urban population and growing desire for travel to live a fulfilling life, the pool of people who are investing on riding and driving apparels is expanding. Driving apparels such as motorcycle jackets, pants, shoes, helmets, and gloves are now widely used for protective purpose. These apparels are thicker and heavier than normal clothing with weatherproof closures and pockets, substantial zips, higher collars, and are even equipped with armor. According to this business and commerce study, the demand in the global driving apparel market will expand at a CAGR of 5.3% during the forecast period of 2017 to 2025. In terms of revenue, the analysts of the report have estimated that the opportunities in the global driving apparel market will translate into US$18,565.0 mn by the end of 2025, substantially up from its evaluated worth of US$12,312.5 mn in 2017.

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There has been a surge in adoption of protection gear and other safety accessories in order to prevent serious injuries and even death. Several safety regulations or laws regarding the use of helmets, jackets and other protection clothing have been imposed by regulatory authorities, which in turn is likely to fuel the growth of the market for driving apparel. In addition to that, rising popularity of motorsports such as Formula One, IndyCar, and MotoGP are expected to reflect positively on the global driving apparel market. On the other hand, cost of these apparels and lack of awareness among a substantial chunk of consumers are obstructing the market from attaining its true potential.

Protection Gear Remains Key Product Segment

The driving apparel market has been segmented on the basis of product type into clothing, footwear, and protection gear. In 2016, protection gear was the largest contributor in terms of demand, accounted for a market share of nearly 50%. Protection accessories such as helmets, knee cap, elbow cap, and armor and spine guard among others play an important role in improving safety and are specifically designed with armored protection to prevent vulnerable body parts of the rider from injury. Introduction of advanced materials like fiberglass reinforced plastic and carbon fiber have made helmets lightweight and useful. Moreover, manufacturers are continuously focused on integration of electronics in protection gear and development of helmets with head up displays, which is likely to increase the demand for these accessories even further in the future.

On the basis of material type, the driving apparel market has been categorized into leather, synthetic, and natural fibers. While synthetic materials provided for the maximum demand in 2016, the leather segment is expected to exhibit the highest growth during the forecasted year as leather prices are reducing with every year. On the basis of vehicle type, the driving apparel market is bifurcated into two wheeler and four wheeler. The two wheelers segment held the highest share in the market in 2016, which was a result of increasing demand for protection and safety against injuries during driving during various racing sports.

Asia Pacific to Hold Position as Most Profitable Region Until 2025

Geographically, Asia Pacific has been identified as the most profitable region, providing for nearly a third of the total demand in the global driving apparel market. This prosperity of the Asia Pacific driving apparel market, which is estimated to be worth US$6,603.6 mn by the end of 2025, is a reflection of foray that some of the leading companies of this market are making in the region. A number of driving apparel retail outlets have opened in countries such as China, Japan, and India, and increasing government regulations are further expected to fuel the demand from the region. However, Europe and North America are two other profitable regions that vendors are concentrating on, with the demand from the latter region primed to expand at an above-average CAGR of 6.2% during the forecast period of 2017 to 2025.

Dainese S.p.A. (Italy), Alpinestars S.p.A. (Italy), Fox Head, Inc. (U.S.), ThorMX (U.S.), and Scott Sports SA (Switzerland) are some of the key companies currently ahead of the curve in the global driving apparel market.

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Coronavirus Market Research

Global Impact of Covid-19 on Programmable Stage Lighting Market to Record Significant Revenue Growth During the Forecast Period 2018 –2026

Global Programmable Stage Lighting Market: Snapshot

Nowadays, the usage of programmable stage lighting equipment has increased for music events, stage shows, live in concerts, premier clubs, conference rooms, bars, theme parks, shops, and architectural environments across the world, leading to a tremendous rise in the global market for programmable stage lighting. In 2016, the market stood at US$1.19 bn. Thanks to the constant technological advancements, it is expected to rise at a CAGR of 7.0% over the period from 2018 to 2026 and increase to a value of US$2.29 bn by 2026.

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LED Lights to Report Maximum Demand

The global programmable stage lighting market is majorly analyzed on the basis of the type of light, type of product, technology, and the application. Based on the type of light, the market is categorized into laser lights, LED lights, and halogen. The demand for LED lights is relatively greater than other types of lights and the trend is likely to continue in the near future.

On the basis of the type of the product, the market has been classified into moving head lights, strip lights, and PAR can lights. Strip lights surfaced as the leading contributor to this market in 2016 and are expected to remain so over the coming years. Moving head lights are also estimated to report decent growth in the years to come.

Based on technology, the market is segmented into Wi-Fi and Bluetooth. Entertainment places and theatres have emerged as the key application areas of programmable stage lighting. The demand for these lighting solutions is higher in the entertainment places segment. Researchers expect the scenario to remain same over the next few years.

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North America to Continue Leading

The worldwide market for programmable stage lighting is also assessed on the basis of its geographical spread. North America, Europe, Asia Pacific, the Middle East and Africa, and South America are the main geographical categories of this market. In 2016, North America. In 2016, North America led the global market with a share of nearly 50%. Trailed closely by Europe, this regional market is expected to remain on the top spot over the next few years. The presence of established players and an advanced infrastructure is likely to support the North America market for programmable stage lighting in the near future.

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Asia Pacific, on the other hand, has emerged as the most promising market for programmable stage lighting across the world. With ample untapped opportunities, this regional market is anticipated to continue offering lucrative growth opportunities to vendors over the forthcoming years.

Altman Lighting Co., PR Lighting Ltd., Guangzhou Yajiang Photoelectric Equipment Co. Ltd., Chauvet & Sons Inc., Guangzhou GTD Lighting Technology Co. Ltd., Martin Professional, General Electric Co., Clay Paky S.p.A., ADJ Products LLC., ROBE lighting s. r. o., Brand Lighting, and Robert Juliat are some of the key players in the global market for programmable stage lighting. The market demonstrates a highly competitive and a fragmented structure due to the presence of numerous participants.

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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Coronavirus Market Research

Smart Antenna Market Outlook, Competitive landscape, and SWOT analysis By 2026

Smart Antenna Market – Snapshot

According to a new market report published by Transparency Market Research titled “Smart Antenna Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,” the global smart antenna market is projected to expand at a CAGR of 7.9% during the forecast period 2019-2027. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors.

Increasing application of smart antennas in smartphones and growing demand for smart antennas in wireless communication has increased the penetration and growth of the smart antenna market globally.

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Cellular System Segment to Remain Most Lucrative  

Cellular system is expected to continue to be the leading segment globally during the forecast period due to increasing demand for smart antennas in wireless communication. The segment is projected to expand at a significant CAGR of 8.7% over the forecast period 2019 to 2027.Smartphones have become a viable alternative to laptops and personal digital assistants (PDAs), offering features such as SMS and voice messages coupled with multimedia functionality, internet applications, inbuilt GPS capabilities, and high data processing capabilities. Moreover, growing need for faster data transmission in modern communication systems with high speed downloading and web browsing has forced companies to increase the efficiency of wireless transmission. This is positively impacting the growth of the global smart antenna market.

WiMax system segment is projected to expand at a significant CAGR over the forecast period. WiMAX technology performs a variety of tasks at a time such as offering high speed internet, providing telephone service, transformation of data, video streaming, voice application etc.

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North America to Continue to Hold Significant Share in the Overall Market

North America accounted for highest revenue share in 2019 due to concentration of leading manufacturers and increasing demand for smart antennas. In North America, market players are continuously taking efforts to introduce smart antennas with various advanced technologies. Furthermore, growing adoption of radio frequency identification and ultra-wideband technologies is helping the North America market to generate significant revenue. The market in the U.S. held the highest share in 2019 in North America and is estimated to expand at a considerable CAGR during the forecast period. The market in North America is expected to expand at a significant CAGR during the forecast period. In a number of European countries, advancements in the domain of wireless connectivity and huge investment are fueling the smart antenna market growth. The market in Europe is likely to witness significant CAGR growth over the forecast period. The U.K. contributed highest share to the Europe smart antenna market in 2018.

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Demand for smart antennas in APAC is likely to remain concentrated in China and Japan due to the growing popularity of smartphones and increasing government expenditure. The market in India is estimated to expand at the highest CAGR during the forecast period due to the growing adoption of modern communication systems with high speed downloading. In Middle East & Africa (MEA), market players are increasing their investments to expand their physical presence. GCC countries are expected to expand at a significant CAGR during the forecast period due to the development of cellular networking technologies in the region. In South America, Brazil is expected to hold a significant portion of revenue of the market throughout the forecast period

The company profiling of key players in the global smart antenna market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global smart antenna market report includes

  • Cobham Antenna Systems
  • Intel Corp.
  • Samsung Electronics Co. Ltd
  •  ArrayComm LLC
  • Alcatel-Lucent International Holdings Inc
  •  Motorola Solutions Inc.
  • Broadcom Corp
  • California Amplifier Inc.
  • Accel Networks LLC.
  • Jiashan Jinchang Electronics Co., Ltd.

Various players are introducing technologically advanced smart antennas and establishing partnerships with other players to meet the continuously growing demand for wireless communication technologies.

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