Global Automotive Batteries Market 2020-2024 | Evolving Opportunities with Amara Raja Batteries Ltd. and East Penn Manufacturing Co. Inc.

 

The automotive batteries market is poised to grow by 29.57 million units during 2020-2024, according to the latest market research report by Technavio.

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The market is driven by the decline in price of automotive batteries for electric vehicles. In addition, the rise in sales of passenger cars leading to growth in demand for automotive batteries is anticipated to boost the growth of the market.

The sales of electric vehicles have been increasing significantly in recent years, leading to high demand for powerful batteries that can cover a longer distance on a single charge. However, most of the electric vehicles available in the market are quite expensive. For instance, the price of Tesla is USD 89,000, whereas the price of Nissan Leaf is under USD 30,000. The battery capacity of Tesla Model S is 72KWH, whereas the battery capacity in Nissan Leaf is 24KWH. Therefore, automobile manufacturers have been focusing on reducing the price of the batteries, which will subsequently boost the sales of EVs. The cost of batteries have been declining considerably over the last few years. For instance, in 2010, the cost of batteries was about USD1,000 per kWh, which came down to approximately USD 150 per kWh in 2018. It is expected that the battery price will come down to below USD 100/kWh by 2030. Therefore, the declining price of batteries is expected to boost the demand for automotive batteries.

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Major Five Automotive Batteries Companies:

Amara Raja Batteries Ltd.

Amara Raja Batteries Ltd. is engaged in the manufacture and trading of lead acid batteries for a wide range of industries which includes solar, telecom, railway, automotive, and defence. The company offers a range of batteries under brand names Amaron and PowerZone for passenger vehicles, three wheelers, two wheelers, commercial vehicles, farm vehicles, and home UPS or inverters.

East Penn Manufacturing Co. Inc.

East Penn Manufacturing Co. Inc. has business operations under various segments, such as transportation; motive power; reserve power; and wire, cable & battery accessories. The company offers a range of batteries such as Intimidator AGM, Deka Ultimate, Deka EN Exact Fit, Deka Gold, and AUX AGM.

EnerSys

EnerSys operates its business through three geographical divisions, namely the Americas, EMEA, and Asia. The company offers products such as Genesis EP batteries, Genesis NP batteries, Genesis XE batteries, Fiamm Motive power batteries, and Hawker ArmaSafe plus batteries.

Exide Technologies

Exide Technologies has business operations under three segments, namely GNB motive, GNB network, and transportation. The company offers a wide range of automotive batteries such as Exide Epiq, Exide Matrix, Exide Mileage, Exide Eezy, Exide Gold, Exide Xpress, Exide Jai Kisan, and Exide Cabby.

GS Yuasa Corp.

GS Yuasa Corp. operates its business through various segments, such as automotive batteries (Japan), automotive batteries (Overseas), industrial batteries and power supplies, automotive lithium-ion batteries. The company offers YUASA automotive batteries and Lithium ion batteries for EV and HEV.

 

Insights on the Global Hunting Apparel Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats

 

The hunting apparel market is expected to grow by USD 235.35 million, accelerating at a CAGR of almost 3% during the forecast period.

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The rise in popularity of outdoor recreational activities is one of the major factors propelling market growth. However, the regulations on hunting and hunting ban will hamper market growth.

Rising urbanization, hectic lifestyles, and increased health consciousness have created the need for destressing. This has increased peoples’ engagement in leisure and outdoor activities such as hunting, which in turn, has increased the demand for hunting apparel. To capitalize on this growing interest, vendors in the market are expanding their product portfolios and offering effective hunting apparel to attract consumers. All these factors are fueling the growth of the global hunting apparel market.

Global Hunting Apparel Market: Distribution Channel Landscape

Based on the distribution channel, the offline distribution channel segment will witness lucrative growth during the forecast period. The segment is mainly driven by the increasing popularity of hunting apparel and accessories specialty retail stores. In addition, the easy availability of exclusive designer collections and private-label brands across offline retail chains is contributing to the growth of the segment.

Global Hunting Apparel Market: Geographic Landscape

By geography, North America will see lucrative growth during the forecast period due to the increasing popularity of trophy hunting among hunters in the region. In addition, vendors operating in the region are increasing their marketing efforts on social media platforms to promote their products. These factors are driving the growth of the hunting apparel market in North America.

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Companies Covered

·         Browning International SA

·         Clarkfield Outdoors

·         DICKS Sporting Goods Inc.

·         Gamehide

·         KUIU Ultralight Hunting

·         ScoNZ Imports Ltd.

·         TOPGUN LTD.

·         Under Armour Inc.

·         VF Corp.

·         W. L. Gore & Associates Inc.

 

NAND Flash Market 2020-2024 | Growing Investments in Fabrication Facilities to Boost Growth

 

The NAND flash market and it is poised to grow by USD 8.26 billion during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cypress Semiconductor Corp., Intel Corp., Kingston Technology Co. Inc., Marvell Technology Group Ltd., Micron Technology Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK HYNIX Inc., Toshiba Corp., and Western Digital Corp. are some of the major market participants. The growing investments in fabrication facilities will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing investments in fabrication facilities has been instrumental in driving the growth of the market.

NAND Flash Market 2020-2024: Segmentation

NAND Flash Market is segmented as below:

·         Technology

o    TLC

o    MLC

o    SLC

·         Geography

o    APAC

o    North America

o    Europe

o    South America

o    MEA

·         Application

o    Smartphones

o    SSDs

o    Memory Cards

o    Others

·         Type

o    3D NAND

o    2D NAND

NAND Flash Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our NAND flash market report covers the following areas:

·         NAND Flash Market Size

·         NAND Flash Market Trends

·         NAND Flash Market Industry Analysis

This study identifies rise in number of strategic partnerships and acquisitions as one of the prime reasons driving the NAND flash market growth during the next few years.

NAND Flash Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the NAND flash market, including some of the vendors such as Cypress Semiconductor Corp., Intel Corp., Kingston Technology Co. Inc., Marvell Technology Group Ltd., Micron Technology Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK HYNIX Inc., Toshiba Corp., and Western Digital Corp. Backed with competitive intelligence and benchmarking, our research reports on the NAND flash market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

Assessment of COVID-19's Effect on Global Benzyl Alcohol Market 2020-2024 | Increasing Demand from the Paints and Coatings Industry to Boost Market Growth

The global benzyl alcohol market is expected to grow by 18.50 thousand MT during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth according to the latest market research report by Technavio.

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Benzyl alcohol is widely used for painting and coating vehicle surfaces. Low concentration of toxins such as volatile organic compounds (VOC) makes it an excellent choice of solvent for paints and coatings. Moreover, factors such as rising urbanization and increasing purchasing power are driving the demand for automobiles across the world, which is expected to drive the paints and coatings market. In addition, technological innovations such as hybrid vehicles and hybrid electric vehicles are also propelling the demand for paints and coatings that require benzyl alcohol. Thus, the increasing demand from paints and coatings segment will drive the growth of the market in focus.

As per Technavio, the shifting of manufacturing units to developing countries will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Benzyl Alcohol Market: Shifting of Manufacturing Units to Developing Countries

Stringent government regulations in developed countries have led vendors to shift their production units to developing countries where the use of benzyl alcohol is approved by regulatory authorities. The benzyl alcohol market in APAC is witnessing high growth because of an increasing number of applications across various sectors and government approvals. Compared with APAC, regulations on the use of benzyl alcohol in the EU are more stringent. Improved international trade and ease of business because of favorable government regulations have increased growth opportunities for the benzyl alcohol market vendors in developing countries such as India, China, and Japan.

 

Benzyl Alcohol Market: Segmentation Analysis

This market research report segments the benzyl alcohol market by end-user (paints and coatings, personal care, pharmaceutical, and others) and geography (APAC, Europe, North America, MEA, and South America).

The APAC region led the benzyl alcohol market in 2019, followed by Europe, North America, MEA, and South America respectively. During the forecast period, APAC is expected to register the highest incremental growth due to factors such as the growing pharmaceutical industry, and the presence of several large and small-scale vendors in the region.

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Food Service Market in APAC 2020-2024 | Evolving Opportunities With Barista Coffee Co. Ltd. and Del Taco Restaurants Inc. | Technavio

 

The food service market in APAC is poised to grow by USD 344.23 bn during 2020-2024, progressing at a CAGR of over 5% during the forecast period.

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The market is driven by the rise in the demand for convenient food. In addition, the increasing number of foodservice chains is anticipated to boost the growth of the food service market in APAC.

Factors such as changing lifestyles and the rise in purchasing power, especially in developing countries such as China and India have increased the demand for convenience foods. The demand for on-the-go food products is also on the rise owing to busy lifestyles and the growing need for convenience. The growing demand for convenience foods is encouraging market players to offer flexible menus and delivery options based on customer preferences. These factors are expected to fuel the growth of the food service market in APAC during the forecast period.

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Major Five Food Service Market in APAC Companies:

Barista Coffee Co. Ltd.

Barista Coffee Co. Ltd. operates the business through segments such as Beverage, Food, and Quenchers. The company offers hot and cold beverages, desserts, pasta, sandwich, and various types of quenchers.

Del Taco Restaurants Inc.

Del Taco Restaurants Inc. operates its business through the Restaurant operations segment. The company provides food service through its Del Taco Outlets.

Domino's Pizza Inc.

Domino's Pizza Inc. operates its business through segments such as the US Stores, Supply Chain, and International Franchise. The company offers oven-baked sandwiches, pasta, boneless chicken and wings, bread side items, desserts, and soft drink products through its outlets.

McDonald's Corp.

McDonald's Corp. operates its business through segments such as US, International Lead Markets, High Growth Markets, and Foundational Markets and Corporate. The company operates a chain of restaurants under the brand, McDonald’s.

Papa John's International Inc.

Papa John's International Inc. operates its business through segments such as Domestic Company owned restaurants, North America commissaries, and International. The company offers pizza through its Papa John’s restaurants.

 

Kimchi Market 2020-2024 | Health Benefits Offered by Kimchi to Boost Growth

 

The kimchi market and it is poised to grow by USD 2.39 bn during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. MILKimchi Inc., Pulmuone Co. Ltd., Sinto Gourmet LLC, Sunja’s Oriental Foods Inc. and Tazaki Foods Ltd. are some of the major market participants. Although the health benefits offered by kimchi will offer immense growth opportunities, product recalls will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Health benefits offered by kimchi has been instrumental in driving the growth of the market. However, product recalls might hamper market growth. Request a free sample report

Kimchi Market 2020-2024: Segmentation

Kimchi Market is segmented as below:

Product

·         Conventional Kimchi

·         Organic Kimchi

Geographic Segmentation

·         APAC

·         Europe

·         MEA

·         North America

·         South America

Kimchi Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our kimchi market report covers the following areas:

·         Kimchi Market Size

·         Kimchi Market Trends

·         Kimchi Market Industry Analysis

This study identifies growing demand for plant-based diets as one of the prime reasons driving the kimchi market growth during the next few years.

Kimchi Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the kimchi market , including some of the vendors such as MILKimchi Inc., Pulmuone Co. Ltd., Sinto Gourmet LLC, Sunja’s Oriental Foods Inc. and Tazaki Foods Ltd. Backed with competitive intelligence and benchmarking, our research reports on the kimchi market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

Global Autotransfusion Devices Market 2020-2024 | Evolving Opportunities with Haemonetics Corp. and LivaNova Plc

The global autotransfusion devices market size is poised to grow by USD 76.23 million during 2020-2024, registering a CAGR of close to 6% during the forecast period.

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Read the 151-page research report with TOC on "Autotransfusion Devices Market Analysis Report by product (systems and accessories), by geography (North America, Europe, Asia, and ROW), and Segment Forecasts, 2020-2024".

The market is driven by the rising number of cardiac and orthopedic surgeries. In addition, continuous technological advances are anticipated to further boost the growth of the autotransfusion devices market.

Blood transfusion is one of the key procedures to be performed during the intraoperative or postoperative procedures. Allogenic blood transfusion is mainly performed during the procedures, which may lead to various bacterial and viral infections. As a result, to avoid the risk of infection, autologous transfusions are being performed during these surgical procedures. Thus, an increase in various surgical procedures across the globe is expected to drive the global autotransfusion devices market growth during the forecast period.

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Major Five Autotransfusion Devices Market Companies:

Haemonetics Corp.

Headquartered in the US, Haemonetics Corp. offers products through segments, namely plasma, blood center, and hospital. The company offers Cell Saver 5+, Cell Saver Elite+, and Cell Saver Elite as the key product offerings for the autotransfusion devices market. In May 2019, the company received clearance for the expanded use of TEG 6s Hemostasis Analyzer System in adult trauma settings.

LivaNova Plc

LivaNova Plc operates its business under two segments such as cardiovascular and neuromodulation. In July 2019, the company launched Bi-Flow, an innovative arterial femoral cannula to prevent limb ischemia during cardiac surgery. The company offers XTRA as its key offering which features innovative technological characteristics to help clinicians perform autotransfusion effectively.

Medtronic Plc

Medtronic Plc has business operations under various segments, which include cardiac and vascular group, minimally invasive therapies group, restorative therapies group, and diabetes group. The company offers the autoLog autotransfusion system with an effective design to provide autologous blood during surgical procedures. In October 2019, the company launched GI Genius intelligent endoscopy module in Spain.

Getinge AB

Getinge AB operates through various business segments including acute care therapies, surgical workflows, and lifesciences. The company offers 2450 self-filling autotransfusion blood bags and 2550 in-line autotransfusion blood bags as its key offerings.

Teleflex Inc.

Teleflex Inc. offers products through various business segments including surgical North America, vascular North America, interventional North America, anesthesia North America, EMEA, Asia, OEM, and all others. The company offers the Pleur-evac autotransfusion capability, an autotransfusion blood bag used during chest drainage. In May 2018, the company launched TrapLine catheter in Europe and showcased Arrow AC3 Optimus Intra-Aortic Balloon Pump (IABP).