According to a new report by Fact.MR, the global market of intelligent traffic management systems is estimated to grow at a robust CAGR of 11.8% during 2017-2028, and likely to surpass to a value of US$ 31 billion by 2026-end. Rapid inclination towards improving roadway infrastructure and growing need for innovative technologies to manage and monitor high-speed mobility in an efficient manner are the leading factors impacting the growth intelligent traffic management system market.

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The intelligent traffic management systems not only provide solutions for traffic congestion but also improve traffic flow and ensure safety of pedestrians. Mass urbanization and proliferation of urban population, especially in emerging economies have surged the demand and production of automobiles, leading to rampant urban traffic jams. Growing need to change or reshape transportation networks to avoid such traffic jams is anticipated to reflect favorably on the global intelligent traffic management systems market.

Technological solutions such as intelligent traffic management systems that monitor traffic through advanced methodologies are gaining pace to safeguard roadways infrastructure and transportation of commuters and pedestrians. In busy roads and highways, effective traffic management solutions and services play an important role in monitoring various traffic activities. Incessant rise in the number of on-road vehicles has increased the traffic density which results in roads accidents, noise pollution, and wastage of time and fuel. Such traffic concentration in various regions across the globe is becoming difficult to manage through manual operation, and therefore expected to influence the adoption of intelligent traffic management systems in the coming years.

Rapid movement of advanced technologies such as artificial intelligence, robotics and others in North America has influenced it to remain at the forefront of intelligent traffic management systems market, contributing an estimated revenue of more than US$ 3.9 billion in 2018. The US accounts for relatively high share in the North America intelligent traffic management systems market, and is projected to expand at a promising CAGR of 10.1% during the forecast period.

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Sales of integrated urban traffic control systems are likely to witness a steady growth during 2017-2026, holding over 16% revenue share in intelligent traffic management systems market in 2017. Freeway management systems, on the other hand, are expected to earn high traction in the coming years, owing to growing presence of expressways to improve interstate transportation.

Due to rising uptake of innovative traffic management services in public transit systems, relatively large expenditure on intelligent traffic management systems is likely to be commissioned by federal and provincial governments. The segment accounted for more than of half of the revenue share of intelligent traffic management systems market in 2017. Infrastructure enterprises and public private partnerships (PPPs) have also been envisaged to increase their spending on such systems during the forecast period, and eventually contribute a significant share to the intelligent traffic management systems market.

By components, traffic controllers and signals are expected to retain their leading position in the global intelligent traffic management systems market, accounting for over 15% revenue share in 2017. Meanwhile, detectors and sensors are anticipated to witness a vigorous growth in the global intelligent traffic management systems market, expanding at 14.4% CAGR during the forecast period.

Report Overview: https://www.factmr.com/report/319/intelligent-traffic-management-systems-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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According to a recent report by Fact.MR, worldwide sales of automotive oil filter are estimated to surpass US$ 2,400 Mn in 2019, up from US$ 2,329.3 Mn in 2018. Drastic increase in vehicle sales depicts a bright future for the global automotive sector, which in turn is working in favor for the manufacturers of automotive oil filters during the forecast period. Dramatic transformations in the automotive landscape, primarily shaped by evolving customer expectations and new regulations, are further upholding the growth of automotive oil filter market.

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“Increasing preference for scheduled servicing and preventive maintenance among vehicle owners to boost their vehicle longevity is resulting in augmented demand for aftermarket parts & services, including automotive oil filters. This, in turn, is likely to pave new avenues of growth of the key stakeholders in the automotive oil filter market”, says the report.

According to the report, synthetic oil filters continue to be the top-selling variant, with global sales estimated to exceed US$ 760 Mn in 2019. High-performance engines in case of new age automobiles require synthetic oil to keep up with the evolving efficiency standards. In line with aforementioned, synthetic oil filters are in high demand, on account of the cutting-edge filtration capabilities.

As per the research study, independent aftermarket (IAM) will continue to be the most-promising sales channel, with global demand anticipated to surpass US$ 870 Mn in 2019. Demand for routine maintenance parts, including wiper blades, oil filters, brake pads, and others is expected to witness a steep rise, which is a key factor underpinning growth of IAM channels in the automotive oil filter market space.

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Key players in the automotive oil filter market are focusing on improvement of filter designs and incorporation of new technologies to boost their product positioning. Companies operating in the automotive oil filter market are offering extended life oil filters, with an objective of meeting the growing demand for extended oil change intervals. One of the key focal points in the manufacturing framework of market players is reinforcing efficiency of automotive oil filters to make them capable of capturing the smallest particles, which in turn will ensure optimal engine performance.

As per the report, the automotive oil filter market remains consolidated among the top 4 companies, namely Mann Hummel GmbH, Fram Group IP LLC, Mahle GmbH, and Robert Bosch GmbH, who account for nearly 40-45% of the global market share. Buoyancy of these companies in the automotive oil filter market can be ascribed to their strong product portfolios coupled with robust operational efficiencies. Manufacturers in the automotive oil filter market are using high-quality and laboratory-controlled materials, which aids them in ensuring that the components, including filter medium, valves, housings, and springs offer the desired performance amid the most-challenging operating conditions.

Manufacturers operating in the automotive oil filter market are also focusing on synchronization of the design & characteristics of valves with specifications & requirements of the automaker, thereby ensuring impeccable functionalities of the oil filters. During the production process, manufacturers in the automotive oil filter market carry out numerous tests to verify the ‘tightness’ using automated measuring machinery, which helps them gauge the possibilities of leakage from the filters.

Report Overview: https://www.factmr.com/report/288/automotive-oil-filter-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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According to recent report by Fact.MR, the global low voltage motors market was estimated to surpass a value of US$ 25 billion in 2018. Growth of the low voltage motors market can be primarily attributed to incessant rise in the need for cost efficient energy source in number of industries. To meet the escalating demand for consumer and capital goods, manufacturers across the globe are continuously focusing on adopting innovative technologies to improve their production. Emerging trends of incorporating intelligent technology and smart sensors in low voltage motors is likely to gain traction in the coming years.

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In order to enhance the performance and production rates, manufacturers of low voltage motors industry are incorporating sector specific features in their products. Low voltage motors with features such as flameproof, corrosion-resistant, and moisture-resistant are gaining traction in the mining industry, and significantly contributing to revenue maximization of low voltage motors market.

Increase in the demand for wastewater treatment on the account of rising industrial activities is foreseen to be highly impactful on the growth of low voltage motors market. With surging need to retrofit or replace equipment for wastewater treatment in various industries, the global low voltage motors market is likely to witness a significant growth in the foreseeable future. Moreover, several industries are increasingly adopting the low voltage motors for their ability to provide protection against thermal overload and counter variability issues in current loads.

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Asia Pacific Excluding Japan is anticipated to retain its leading position in the low voltage motors industry, on the back of rapid growth in industrialization including automotive and electronics sectors. In 2018, APEJ low voltage motors market exceeded an estimated value of US$ 9.5 billion, growing at 9.9% in 2019 through 2018. In addition, stringent government regulations regarding motor efficiency and retrofitting and replacing aging equipment are expected to reflect favorably on the growth of low voltage motors market in the region.

Marketed as “Supreme Premium Efficiency” motors, demand for IE4 low voltage motors are expected to increase in the coming years, owing to their high efficiency and other advantages such as lower operating temperatures, higher energy savings, and longer service life.

However, sales of IE2 efficiency class motors will continue to surge in the global low voltage motors market, contributing a revenue of more than US$ 9 billion in 2018. Escalating demand for efficient energy source in number of industries such as utilities, mining, and food & beverage manufacturing has been largely influencing the growth of IE2 low voltage motors market.

Report Overview: https://www.factmr.com/report/256/low-voltage-motors-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Sales of automotive lightweight material are estimated to surpass 76 kilotons in 2019, up from nearly 74 kilotons in 2018, according to a recent Fact.MR report. The automotive lightweight material industry is significantly influenced by broader trends in the automobile industry, especially evolving regulations on fuel efficiency. Fact.MR’s new report analyzes this landscape in detail, and offers readers a comprehensive analysis on the key factors at play.

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The study opines that lightweighting continues to gain a centerstage in the automotive industry. Demand for cost-effective lightweight materials continues to surge, as a growing demographic of consumers shows marked preference towards organizations that embrace sustainability. The report finds that in addition to these broader, cross-industry trends, demand for lightweight materials is also influenced by industry-specific factors such as growing electric vehicle parc.

According to the study, gains have also been complemented by steady automobile sales in China and India, two of the most populous countries in the world. Although cost remains a key parameter for buying behavior, emergence of a sizeable carbon-conscious demographic in the region has led to the introduction of lightweight materials. The report opines that these two countries will remain key to future growth of the automotive lightweight material industry. In 2018, automotive lightweight material sales were in excess of 17 kilotons in China, and are estimated to record a Y-o-Y growth at over 4.0% in 2019.

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“China continues to observe numerous benefits, as the country’s lead in electric vehicles sales remains incontestable. Venturing overseas to offset sales fatigue in the local market is becoming the new area of focus for automotive component manufacturers in China. On the other hand, India is likely to become the nesting place for various automotive component manufacturing companies, as it bodes the world’s youngest population. This further implies India’s robust potential of becoming the fastest growing marketplace for automotive components,” says a lead analyst at Fact.MR.

Europe also holds a sizeable share in the automotive lightweight material market, with sales of nearly 19 kilotons in 2018. Government efforts to bring down energy consumption, and targets on weight reduction of vehicles, the automotive lightweight material market in Europe will continue to witness a robust growth.

According to the study, steel remains the most lucrative automotive lightweight material, with sales of over 35 kilotons in 2018. Increasing replacement of cast iron and other heavier components with lighter materials such as high-strength steel (HSS) in automobiles is a key demand determinant of steel in the automotive lightweight material market.

Automotive lightweight materials have witnessed robust application in the engine & mechanical components, backed by their numerous advantages such as energy efficiency, improved performance, and enhanced safety. In addition, exterior & structural segment is likely to emerge as the most lucrative application area for automotive lightweight material. Passenger cars account for the highest volume share in the automotive lightweight material market, with sales estimated in excess of 42 kilotons in 2018.

Report Overview: https://www.factmr.com/report/3423/automotive-lightweight-material-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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According to a Fact.MR study, global sales of electric vehicle batteries surpassed a valuation of US$ 90,700 million in 2018, and are anticipated to register a Y-o-Y growth of approximately 14% in 2019. Growing popularity and demand for electric vehicles (EVs), owing to increasing efforts to reduce emissions and ease pollution, continue to impact the sales of electric vehicle batteries. The study analyzes the market in detail, and offers analysis of key macroeconomic and industry-specific factors influencing the growth of electric vehicle battery market.

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The study finds that governments in various regions across the globe are pushing the adoption of EVs that will contribute to an effective reduction in emissions of greenhouse gases. This, coupled with growing consumer concerns regarding negative impact of climate change and alarming rise in pollution levels has influenced growth in EV production, subsequently boosting the sales of electric vehicle batteries. Additionally, around 20 major cities worldwide have announced the plans to ban gasoline and diesel cars by 2030 or sooner, providing potential growth prospects of the electric vehicle battery market.

According to the study, although EVs continue to gain popularity for their lower running cost, increased interior space, and unique exterior styling, many customers still express concerns over their cost premium and lack of charging infrastructure. This has led to introduction of new battery cells and reduction of battery pack mass, resulting in improvements in energy density, charge discharge, and thermal performance. Further, advances in battery management systems have contributed towards extending battery life, vehicle range as well as safety. Prospects of the electric vehicle battery market will be promising, as cell manufacturers are also directing their focus towards innovative concepts such as solid state technology, lithium-air batteries, and alternative metal-ion chemistries.

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The study opines that APEJ will continue to be the leading market for electric vehicle batteries, with sales in 2018 closed in on revenues worth US$ 35,000 million. Global production of batteries for electric vehicles, especially passenger cars, remains concentrated in Asia, with China controlling over the raw materials such as lithium and cobalt needed to manufacture the batteries. In addition, according to the World Economic Forum and EV Volumes.com, China accounted for nearly 60% of the global electric vehicle sales and production in 2018. These factors along with strong automotive industry, improving economy, and rising disposable income in the region will continue to drive the APEJ electric vehicle battery market.

The study finds that parallel hybrid powertrains will contribute a relatively large sales of electric vehicle batteries, exceeding a valuation of US$ 64,800 million in 2018. Parallel hybrid powertrains or drivetrains are gaining increasing application in EVs or HEVs for their ability to deliver mechanical power from both electric motor and internal combustion engine simultaneously. In addition, HEVs with parallel hybrid powertrains make them more efficient for highway driving at higher and constant speed.

With over 50% revenue share in 2018, passenger cars continue to account for highly significant sales of electric vehicle batteries, according to the study. New government initiatives such as financial incentives reducing the cost of buying EVs, low- and zero-emission vehicle mandates, tightened fuel-economy standards and regulation, and other are likely to influence the adoption of electric cars, which in turn will impact the sales of electric vehicle batteries for passenger cars.

Report Overview: https://www.factmr.com/report/3587/electric-vehicle-battery-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Tel: +353-1-4434-232
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According to a new Fact.MR study, the eyelashes enhancing agents market was valued close to US$ 280 Mn in 2018, and is estimated to register a Y-o-Y growth of over 5% in 2019. The eyelashes enhancing agent industry remains influenced by various factors, ranging from the innovative developments in cosmetic formulations, to high prevalence of eye inflammations, such as madarosis and blepharitis, which lead to thinning and loss of eyelashes. The research study analyzes the eyelashes enhancing agents market in detail, and offers readers a thorough analysis of key factors impacting the market growth.

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The study finds that the focus of manufacturers is currently directed toward extending the growth cycle duration of eyelashes, and enhancing the density of hair in each cycle. This, coupled with the efforts of leading cosmetic brands, such as L’Oréal, and Estee Lauder, to offer effective eyelashes strengthening products with added benefits such as protection from environment and climate, will continue to bode well for the eyelashes enhancing agents industry.

Key players in the eyelashes enhancing agents market are making huge investments in marketing activities to better position their product in the marketplace, while strengthening their distribution across channels including modern trade, franchise outlets, and online stores. According to the study, demand for eyelashes enhancing agents continue to grow unabated, as more consumers link beauty with health & wellness, and prefer using serums and sprays for making brittle eyelashes long and attractive.

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The study opines that rising prevalence of diseases, such as blepharitis and madarosis, which cause loss of eyelashes has been one of the leading aspects influencing the demand for eyelashes enhancing agents. Recent studies have revealed that these diseases have increased manifold, thereby leading to a surge in demand and adoption of effective eyelashes enhancing agents.

The study finds that North America continues to be the leading market for eyelashes enhancing agents, with an overall revenues in 2018 estimated at nearly US$ 100 Mn. The higher economic vigor of consumers has made them more willing to spend on personal care products. In addition, several research institutes in North America are focusing on R&D investments for the development of new and advanced eyelashes enhancing agents.

According to the study, Asia Pacific Excluding Japan (APEJ) will be the high growth market for eyelashes enhancing agents, and is estimated to record a Y-o-Y growth at nearly 7% in 2019 over 2018. Growing opportunities in APEJ can be attributed to relatively greater inclination of consumers toward beauty products, which has complemented growth of the cosmetics industry in the region. Additionally, higher prevalence of eye inflammations, such as madarosis and blepharitis, has been contributing to sales of eyelashes enhancing agents in the region. .

The study opines that sales of eyelashes enhancing agents for repairing damaged eyelashes continue on an upward spiral, with revenues in 2018 estimated at approximately US$ 190 Mn. Patients with blepharitis or madarosis use eyelashes enhancing agents as a part of their treatment for eyelash growth, and to promote optimal lash health and vitality. In addition, increasing consumer shift towards products with natural ingredients has led to an exponential rise in the demand for natural eyelashes enhancing agents, in turn paving lucrative avenues for the market players.

Report Overview: https://www.factmr.com/report/3588/eyelashes-enhancing-agents-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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According to a new study by Fact.MR, global sales of breast shells were close to 33 Mn units in 2018, and are estimated to register a Y-o-Y growth of over 6.0% in 2019. Key factors that influence the breast shell industry range from robust government spending on healthcare infrastructure and facilities, to technological advancements in breastfeeding accessories, and notable increase in the number of working women.

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The study opines that manufacturers’ efforts towards offering comfortable breastfeeding experience to the working women with sore and sensitive nipples has been complementing the development and adoption of breast shells. Effectiveness of breast shells, to offer protection against friction against clothes and prevent rashes, has been advocating their use among women who immediately resume their work post-delivery. The study opines that presence of a relatively conservative demographic in developing economies, where open communication breastfeeding accessories is frowned upon to a certain extent, continues to remain a key growth hindrance for the breast shell market.

The report highlights the convergence of technology and breastfeeding accessories, engendering advances in breast shells. These advancements are primarily aimed at adjustments to distinct breast contour, and enable ventilation through pores that breathe air but prevent leakage.

The constant search for comfort among women, has provided an impetus to manufacturers in developing flexible breastfeeding accessories that adapt to the breast contours, and prevent stains from leakage. Feature-rich breast shells have been gaining momentum among the tech-savvy women, which has further created lucrative opportunities for manufacturers in terms of technology advancements, thereby auguring well for growth of the breast shell market.

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The study finds that apart from benefitting women with sore and cracked nipples, breast shell also find adoption among working women suffering from breast engorgement during the postpartum period, when pumping breast during office shifts becomes difficult. Additionally, concerns apropos of developing mastitis, a bacterial infection, resulting from delay in milk pumping and leading to breast engorgement, have been expanding the customer base for breast shell manufacturers.

The study identifies the penetration of infant formulas as a restraint for the breast shell market.  Infant formulas have been gaining popularity as effective alternatives to breast milk, as these include essential nutrients and vitamins for growth. Several medical conditions that prevent women from breastfeeding has given a leeway to the adoption of infant formula to ensure that the baby is fed well. Lower intake of essential fat, in light of strict diet followed women abreast the health & wellness trend, has further complemented the adoption of infant formula, thereby impeding the demand for breast shells.

Report Overview: https://www.factmr.com/report/2504/breast-shell-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
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Tel: +353-1-4434-232
Tel: +353-1-6111-593 
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According to a new study by Fact.MR, global sales of smart remote control were upward of 10,500 thousand units in 2018 and are estimated to record a Y-o-Y growth at over 18% in 2019. The smart remote control industry continues to remain influenced by a slew of factors that range from focus of players to offer enhanced user experience by leveraging modern interaction technologies, to proliferation of IoT devices and home automation systems.

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The study opines that IoT remains an optimum solution for smart device manufacturers in the development of intelligent products that power smart homes, along with the integration of actuators and sensors that facilitate automatic control of home appliances and gadgets to suit user preferences. This has significantly rubbed off on advances in the remote control devices, with ‘wireless’ being the first choice of technology among consumers. Wi-Fi enabled smart remote control continue to remain preferred among consumers, with sales estimated to account for over 60% sales.

According to the study, sales of smart remote controls will remain driven by shifting focus of manufacturers toward leveraging of advances such as gestural input, multi-touch, and capacitive screens in their offerings. Key players in the smart remote control market are also focusing on integrating higher level of intelligent gestural interactions into smart remote control, to offer users with the most aesthetically and functionally advanced method of displaying information on the device.

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According to the study, adoption of smart remote control remains high among residential consumers, accounting for over 80% sales. Fast permeation of home automation systems in developed markets such as North America and Europe have been of the leading aspects driving demand for smart remote control in the residential sector. Smart remote control manufacturers are continuous focusing on offering advanced solutions by leveraging interaction technologies, along with multi-modal output capability and context awareness of modern computing devices.

The smart remote control market remains consolidated, with few leading players account for approximately 50% shares. In a bid to maintain a competitive edge and gain profits by providing non-visual interaction experience-based offerings to consumers, these players are focusing on advancements in the software and hardware sensing and AI technologies.

According to the study, leading players in smart remote control market are making significant investments in their marketing campaigns, while focusing on product offerings at competitive prices to capitalize on growing penetration of smart home devices. While these players are providing consumers with cutting-edge solutions, emerging players are focusing on offering cost-effective alternatives to cash in on opportunities in developing markets.

Report Overview: https://www.factmr.com/report/924/smart-remote-control-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Sales of personal exercise mats exceeded 130 thousand units in 2018, according to a recent Fact.MR study. By the end of 2019, the sales are envisaged to register a Y-o-Y growth of 7%. While a paradigm shift of consumers to healthier lifestyle practices has been a prominent factor underpinning sales of personal exercise mats among individuals, the report expects an increasing number of institutional buyers to emerge as a strong demand determinant in the years to come.

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“While the rising costs and health issues may seem like doom and gloom, personal exercise mats manufacturers look forward to capitalize on consumers’ increased focus on overall wellness. Growing participation of consumers in physical activities, coupled with a significant rise in the adoption of yoga as a part of curriculum across various academic institutions, has translated into a significant hike in sales of personal exercise mats,” says the analyst at Fact.MR.

Yoga, one of the most widely practiced fitness activities worldwide, accounts for a multibillion dollar market – yoga mats, being one of the several product beneficiaries. The number of professional and amateur yoga practitioners is increasing at a staggering rate, recently, which is further transforming into high sales of yoga mats and other type of personal exercise mats. The study finds that yoga mats accounted for ~45% of total personal exercise mats sales recorded in 2018, half of which remain concentrated in the North American region, particularly in the U.S. With growing manufacturing focus of companies on mats that are thick, sturdy, and have a high sticky factor, it is highly likely that yoga mats will remain among the popular personal exercise mats over other counterparts. Rising popularity of anti-skid yoga mats is currently a thriving trend, as indicated by the report.

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Institutional buyers, accounting for a whopping 85% of sales, have been creating significant demand for personal exercise mats. As per the study, institutions buyers will continue to extend a substantial contribution to personal exercise mats market on account of the increasing number of yoga studios, fitness clubs, and wellness centers.

North America, closely trailed by Europe, has been leading the personal exercise mats sales. The report particularly highlights that the gains have been spectacular in European market, over the recent past, attributing to the dramatic rise in institutional sales of personal exercise mats within the region. The market will also remain influenced by the increasing number of yoga and Pilates practitioners in the non-traditional markets.

The global sustainability drive has been invading the fitness industry as well, as a result of which the manufacturers of fitness accessories, such as personal exercise mats are zooming in the focus on the raw materials. As the growing number of conscientious consumers are prioritizing the eco-friendly quotient of products that they use, along with the comfort, it is more likely that the use of sustainably sound raw materials will mark an important trend among the manufacturers of personal exercise mats. Consequently, although polyvinyl chloride (PVC) exercise mats have been the bestsellers owing to their higher sticky factor, organic cotton and similar materials have been recently registering strong growth in sales, banking on the reduced environmental impact. The study identifies healthy growth prospects facing non-PVC personal exercise mats in the forthcoming years.

Report Overview: https://www.factmr.com/report/3745/personal-exercise-mats-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Global sales of airsoft guns reached 2.7 million units in 2018, according to a recent market research study of Fact.MR. The report has projected ~6% annual growth in the airsoft guns sales volume towards the end of 2019, indicating healthy growth prospects of the airsoft guns industry over the next few years. With rising proclivity of the millennial generation for leisure sports, strongly backed by increasing discretionary purchases, it is highly likely that the demand for airsoft guns and other shooting sport gear will experience a robust hike in years to come.

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The study opines that electric-powered airsoft guns continue to witness increased adoption over spring-powered and gas-powered variants, attributing to their selective fire capabilities. Moreover, electric-powered airsoft guns can be leveraged for both semi and fully automatic operations, unlike the rest two counterparts. Manufacturers are thus likely to maintain their focus on innovations in electric airsoft guns, banking on their successful track record on the basis of ‘customization’.

Growing traction for fully automatic and highly upgraded guns that have adequate metal gearbox internals covered in strong polycarbonate, continue to uplift the revenue share of electric-powered airsoft guns in the market, which was ~40% in 2018. With end users seeking guns that can be readily upgraded to increase the rate of fire, electric-powered airsoft guns will continue to witness a spike in sales in the forthcoming years.

The study opines that the shifting focus of individuals, specifically from millennial generation and Gen X, continues to significantly contribute to the growth of the airsoft guns market, owing to their growing enthusiasm for airsoft. In line with the increasing number of individual buyers who collectively accounted for sales of over a million units of airsoft guns in 2018, manufacturing companies are zooming in the focus on the needs of individual consumers, to reformulate their growth strategies. The demand for customized paint jobs on airsoft guns is likely to gather momentum as an aftersales service, hinting a new focal point for market players in the airsoft guns landscape.

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The study opines that North America, trailed by Europe, holds substantial revenue share in the airsoft guns market. Growing popularity of team sports has been inducing the individual involvement in airsoft games, which in turn is invariably pointing towards an influx of opportunities for stakeholders in these regions. The lucrativeness of North America airsoft guns market is further estimated to remain intact, as the region holds maximum number of airsoft fields in the world. Moreover, increasing individual participation in recreational sports, in North America and Europe, has been augmenting the number of airsofters, uplifting the sales prospects of airsoft guns in these highly regulated regions.

Airsoft guns manufacturers in developing countries, such as China and South Korea, have shifted their focus to reputed online sales channels who are the key distributers in North America, which has been the prime market for airsoft sport. This falls in line with the regulations on sale and unlicensed use of airsoft guns in various regions. As per Fact.MR’s analysis, third party online sales have been driving significant gains in the airsoft guns market, which are likely to account for ~45% sales in 2019, followed by specialty stores.

Report Overview: https://www.factmr.com/report/1429/airsoft-guns-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/