More Compact Versions of Electronic Goods Stokes Demand for Nano-magnetic Devices

Nano-magnetic devices are sophisticated and expensive. Hence, their market is dominated by a handful of international tech titans of the likes of Intel Corporation, Fujitsu Ltd., IBM, Samsung Electronics, and LG Electronics. These companies have contributed substantially to the market and will likely impact its growth positively in the years to come as well. The various types of nano-magnetic devices available in the market are data storage, sensors, separation, medical and genetics, imaging, etc. 

A report by Transparency Market Research finds that the global market for nano-magnetic devices will rise at a CAGR of 6.98% from 2016 to 2024. The market was worth US$7.2 bn in 2016 and expanding at the aforementioned rate, it will likely attain a value of US$12.41 bn by 2024.

What are the unique perceived benefits of nano-magnetic devices that is leading to their uptake?

A major factor fuelling demand for nano-magnetic devices is the rising popularity of nanotechnology, which is leveraged in production of electronics that have reduced sizes and are compact. Continued scaling down of the metal-oxide-semiconductor field-effect transistor (MOSFET), used in various electronic circuits, has reached its limitation. It is no longer possible to scale them down further on account of their physical and fabrication limitation. Enter nano-magnetic devices that can help reduce size of electronics even further, besides boosting their efficiency and longevity.

Some of the unique perceived benefits of nano-magnetic devices are minimal static power dissipation, high density, resistance to thermal noise room temperature operation, and radiation hardened nature. This coupled with their efficiency is driving their uptake.

The spike in demand for sensors in building automation and HVAC systems on account of the swift pace of urbanization is also stoking their market. Growing industrialization is another market stimulant as these cutting-edge devices find application in different high-end technologies.  

What is countering the market of the sophisticated devices?

Research and development involved in developing nano-magnetic devices cost a lot. Besides, production of nano-magnetic devices require expensive materials and it is essentially a time-consuming procedure requiring highly skilled engineers. Because of these reasons, nano-magnetic devices are expensive. This has been one major deterrent to their quick adoption. Their demand is most visible in the developed nations owing to their expensiveness and high implementation cost.

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Besides, the stability of these devices is not quite up to the mark which makes them less viable for commercial applications. 

What makes North America a market leader?

Depending upon geography, the key segments of the global market for nano-magnetic devices market are Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. At present, North America enjoys a leading position in the market due to the extensive application of nano-magnetic devices in building automation and advanced manufacturing. It is trailed by Europe. Asia-Pacific follows in the third position and going forward, the region will likely clock maximum growth due to the significant demand for consumer electronics.

Rising Demand for Process Automation to Create Lucrative Opportunities for Players in Global Cloud Robotics Market

Cloud robotics have been gaining immense popularity in the last few years worldwide, thanks to the increasing data storage and several learning solutions they offer. The global market for cloud robotics is estimated to witness a strong growth in the next few years with the expansion of its applications across diverse industry verticals. According to a research study that has been presented by Transparency Market Research, in 2015, the global market for cloud robotics was worth US$1.38 bn and is estimated to reach a value of US$21.94 bn by the end of 2024. The market is likely to exhibit a remarkable 32.40% CAGR between 2016 and 2024. 

In the following blog, some of the questions related to the growth of the global cloud robotics market have been addressed in order to offer a clear understanding to readers.

How are the leading players expected to sustain in the competitive environment of the cloud robotics market?

At present, the global cloud robotics market is at a nascent stage with a low level of competition. The less number of companies are dominating the overall market and are focusing on the expansion of their product portfolio in order to sustain in the growing competition in the global market. Fanuc Corporation, Kuka Robotics, ABB Group, Wolf Robotics, and Calvary Robotics are some of the prominent players operating in the cloud robotics market across the globe. Innovations and technological advancements are considered as the major factors that are projected to fuel the overall growth of the market as well as benefit the leading players in the next few years.

Which factors are estimated to accelerate the growth of global cloud robotics market in the near future?

The growing demand for automation of entire processes in several manufacturing units is one of the factors that are likely to encourage the growth of the global cloud robotics market in the near future. The deployment of cloud robotics in order to enhance the efficiency of industrial processes is likely to accelerate the growth of the overall market. In addition, the rising number of technological advancements, especially in the artificial technology is predicted to supplement the growth of the global cloud robotics market in the next few years. However, the rising concerns related to data theft and security threats are expected to restrict the growth of the market in the near future.

Get more information from Research Report Press Release : 
http://www.transparencymarketresearch.com/pressrelease/cloud-robotics-market.htm

Which regional segment is likely to register progressive growth in the next few years?

According to the research study, in the recent past, North America led the global cloud robotics market. This segment is predicted to remain in the leading position in the next few years, owing to the presence of several prominent players operating in the region. However, Asia Pacific is projected to register a progressive growth rate, thanks to the rising contribution from Japan and China.




Booming E-commerce Industry to Generate Lucrative Opportunities for Players in Global Laminated Labels Market

The global market for laminated labels is expected to witness healthy growth rate in the next few years. The growing demand from a wide range of industries and the increasing focus on attractive and safe packaging and labeling are anticipated to encourage the growth of the overall market in the next few years. According to a research study by Transparency Market Research, in 2015, the global market for laminated labels was worth US$20,022.4 mn and is likely to reach a value of US$ 30,979 mn by the end of 2024. The market is anticipated to register a healthy 5.105 CAGR between 2016 and 2024.

Several concerns related to the development and growth of the laminated labels market across the globe has been discussed at length in the scope of this blog. Some of the questions have been addressed below:

How is the competitive landscape of the global laminated labels market in the coming years?

The global market for laminated labels is highly competitive in nature with a presence of a large number of players operating in it. Some of the prominent players operating in the market are Hub Labels, CCL industries Inc, Coveris Holdings, Avery Dennison Corporation, Langley Labels, and Cenveo. These players are expected to dominate the overall market in the next few years. The increasing number of mergers and acquisition is predicted to encourage the growth of the market in the near future. In addition, the rising focus of these players on advancements in technology and new product development are anticipated to fuel the growth of the market in the coming years.

Which regional segment is projected to grow at a progressive growth rate in the near future?

According to the research study, Asia Pacific is anticipated to lead the global laminated labels market in the next few years and register a healthy 5.30% CAGR between 2016 and 2024. The high growth of this region can be attributed to the increasing pace of industrialization across Asia Pacific. Moreover, the increasing focus on innovations is estimated to fuel the growth of the Asia Pacific laminated labels market in the coming years. Furthermore, North America and Europe are expected to witness progressive growth in the next few years.

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Which growth factors are anticipated to supplement the growth of the global laminated labels market?

A substantial rise in the demand for laminated labels from diverse industries, such as consumer durables, food and beverages, logistics, and pharmaceuticals is anticipated to encourage the growth of the global laminated labels market in the coming years. In addition, the growing popularity of the e-commerce market across the globe and the growing disposable income are predicted to accelerate the growth of the overall market in the next few years. Furthermore, the introduction of bio-based labelling materials is likely to generate lucrative opportunities for key players in the global laminated labels market in the near future.

Global Car Rentals Market: Handful of Dominant Players try to Outsmart Each Other through Improvised Services

The global market for car rentals is a consolidated one with the top five players accounting for about three-fourths of the market. The top five players are Avis Budget Group Inc., Enterprise Rent-A-Car, EuropCar, the Hertz Corp., and Sixt. Competition among them is stiff as they up their fleet sizes and embed them with modern gadgets such as GPS and music systems to entice more customers. 
A research report by Transparency Market Research states that the worldwide car rental market will expand at an impressive CAGR of 14.40% from 2014 to 2024 to attain a value of US$290.07 bn by 2024 from US$87.07 bn in 2015.

Which category of car rental is most popular and why?

Depending upon the category, the global market for car rental can be segmented into outstation, local usage, and airport transport, among others. On account of increasing globalization, which has led to a massive upswing in air travel, the airport transport segment leads the car rental business and will likely continue doing so in the years ahead. Fatigued global travelers are increasingly seeking reliable and good-quality travel services on their outstation tours and most leading car rental service providers are tapping into the opportunity by promoting their brands at important airports.

What factors are facilitating a stellar growth in the global market for car rentals?

Stoking growth in the global market for car rentals is the increase in economic growth worldwide resulting in higher disposable incomes and the substantial growth in the business class, especially in developing economies. Bettering road infrastructure and the green revolution in the automotive sector are also predicted to boost growth in the near future. 

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One factor slated to counter the growth in the global car rental market is the volatility in prices of gasoline and petroleum products affecting the fares charged. The not-so-good economic conditions in certain regional pockets is also impacting the market negatively. 

What makes North America a dominant player in the global market for car rental?

Depending upon geography, the global market for car rental is segmented into Europe, Latin America, North America, the Middle East and Africa, and Asia Pacific. Among them, North America leads in terms of revenue. In 2015, for example, the North America market generated US$26.40 bn in revenues. This is because of the significant presence of prominent companies in the region such as the Hertz Corp., Enterprise Rent A Car, and Avis Budget Group Inc., along with various regional and domestic enterprises in the U.S. and Canada. 

“The Europe market for car rentals, which held the second position in 2015, demonstrates a comparatively fragmented landscape. In this region, France holds the lead and is expected to remain seated in this position in the near future,” states a report by Transparency Market Research.
In the upcoming years, even though Europe and North America will retain their dominant positions, the growth in their markets will likely to slow down on account of becoming saturated. Asia Pacific, on the other hand, will exhibit maximum gain in terms of revenue and market share owing to the robust tourism industry in the region. 

VR Content Creation Market Feeding-off Thriving Gaming and Entertaining Sector


The advent of VR tools has been a major revolution in the recent past as far as cinematic and virtual assets applications are concerned. With VR tools, ideas can now be presented in more illustrative manner via 3D and other designs, which helps in gaining audience attention. The interactivity of VR content makes them strikingly more interesting for the viewers and is now readily used by the entertainment industry for sketching, pre-production procedures, shooting, and post-production activities. 

The entertaining business has been touching new peaks in the past decade with urban consumers with disposable income spending substantially on amazing visual experience. Consequently, the demand in global VR content creating is expected to expand rapidly at a CAGR of 89.8% during the forecast period of 2016 to 2024, according to a recent intelligence study by Transparency Market Research (TMR). The TMR study evaluates that the opportunities in VR content market was merely 147.5 mn in 2015, which will surge to US$41.01 bn by the end of 2024. Technological advancements in this field, increasing use of VR headsets across the world, incremented demand from the travel and media sectors, and rising consumer awareness regarding virtual reality are some of the other factors favoring the growth rate of the global VR content creation market.

Which are the most profitable market segments?

By end-use industry, the TMR report divides the global VR content creation market into media and entertainment, automotive, real estate, gaming, retail, and travel, hospitality, and events. Out of these, gaming sector is showing the most robust growth rate, accounting for nearly 50% of the market in 2015. However, although the gaming sector will continue to pose significant demand during the forecast period, media and entertainment segment is showing serious potential too. Geographically, North America serves the maximum demand, gaining primarily from the gaming industry and increasing application of virtual reality for various purposes. Asia Pacific too is projected for a strong growth rate, which will be a reflection of thriving automotive industry.

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What is the nature of competition among the leading vendors of VR content creation?

The global VR content creation market is in nascent stage with ample opportunities for the players. Several companies with varying financial might and resources are participating, but very few have managed to gain reputation among the end users. Voxelus, Matterport, and Blippar are the three leading vendors of VR content creation identified by the TMR report. However, several prominent players from similar sectors are actively investing on research and development of the VR technology, and merging or acquiring with smaller players with potential in order to expand their regional outreach.

The popularity of immersive and 360 degree videos is proving to be a boon for the retail sector, especially ecommerce wherein customers can now extensively explore and analyze their products before purchasing. Players in this market are concentrating on diversifying their offerings in order to meet even these smaller demand in order to expand their business avenues.

Innovations in Touch Screen Displays to Boost Their Demand Worldwide


The global touch screen display market is displaying robust growth thanks to technological advancements and the widespread adoption of advanced technology for enhanced customer experience. Touch screen displays are gaining popularity due to the ease of use that does not require any formal training. Touch screen allows users to interact directly with the display on the screen without the need for an intermediate device such as a mouse or touchpad. 

As per a recent market study by Transparency Market Research, the global touch screen display market is projected to rise at a CAGR of 8.90% between 2016 and 2024 to increase from US$44.4 bn in 2015 to US$93.8 bn by 2024.

In this blogspot, analysts at TMR provide answers to some of the pertinent questions about the developments in the global touch screen display market in the coming years;

Q. What are the major factors stoking growth of the global touch screen display market?

A. The continual advancements in technology along with increasing shift of consumers towards latest technology are acting as the major factors driving the growth of the market. To cater to the increasing demand for easy to use high-end products, touch screen display manufacturers are including newest forms of technologies, which is adding to the popularity of touch screen displays.

Q. How are regional markets faring in terms of growth in the touch screen display market?

A. North America currently dominates the global touch screen display market, the region held a share of 35% in the global market in 2015. This is on the backdrop of technological advancements and high affordability of electronic devices in the region. Due to the presence of a large number of touch screen display manufacturers in the region, analysts expect it to retain its dominant position in the coming years.

Get more information from Research Report Press Release: http://www.transparencymarketresearch.com/pressrelease/touchscreen-technology-market.htm

Asia Pacific is also expected to emerge as a significant market for touch screen displays thanks to the increasing uptake of advanced technologies for high-end product offerings and enhanced customer experience across the service industry. Countries such as Singapore, Malaysia, and Japan are increasingly installing touch screen kiosks at public transport terminals, airports, and railway stations, which is expected to have a positive influence on the growth of the touch screen display market in Asia Pacific.

Q. Which application segment is having the most positive influence on the growth of this market?

A. Retail kiosks display the highest demand for touch screen displays over other application segments due to an increasing number of retail outlets across the world. Retail kiosks at public transport terminals and shopping centers are mostly sought after for tickets, refreshments, and newspapers which is expedited using technological solutions and for enhanced customer experience. With the increasing number of retail outlets, the demand for retail kiosks is also on the rise. 

The ATM application segment is also expected to display a strong demand for touch screen displays thanks to the increasing installation of ATM kiosks in emerging economies of Asia Pacific and the Middle East and Africa. 

High Incidence of Cataract a Major Draw for Intraocular Lenses

Intraocular lenses are surgically implanted to replace the cloudiness or opaqueness of the natural lens of the eye that is created by cataract, an eye disease. A large section of the population suffers from cataract, especially those falling in the old age bracket. If not treated in time, this progressive eye disease can lead to poor vision and ultimately result in loss of vision. Age-related eye diseases such as macular degeneration, glaucoma, and diabetic retinopathy are supplementing the market growth. In addition, growing awareness regarding the issues associated with impaired vision among the aged will further boost the demand for intraocular lenses. However, expensive cataract surgery and extra cost of intraocular lenses will limit the market from developing further.  

As per the report by Transparency Market Research, the global intraocular lens market will reach a valuation of US$5.0 bn by the end of 2024 from its initial value of US$3.2 bn in 2015, progressing at a steady CAGR of 5.2% during the forecast period. 

Hoya Surgical Optics, Bausch & Lomb, Inc. (Valeant), Carl Zeiss Meditec AG, Staar Surgical, Oculentis GmBH, Alcon (Novartis AG), Abbott Medical Optics, and PhysIO are the leading players that will stand to benefit from the growth of the market.

What has aided the progress of the premium intraocular lens product segment?

The global intraocular lens market is segmented on the basis of product into accommodative IOL, toric IOL, monofocal IOL, multifocal IOL, and other IOLs. The monofocal IOL segment is leading the market due to the availability of cost-effective intraocular lenses, adequate reimbursement policies for the monofocal IOL segment, and lower post-operative complications associated with the use of these lenses. 

However, during the forecast period, the premium IOL segment, which comprises toric IOL, multifocal IOL, and accommodative IOLs, is expected to register a strong CAGR. The growth of this segment can be attributed to the consistent innovation and remarkable technological advancements in premium IOL intraocular lenses. In spite of high prices, consumers prefer premium IOL due to better visual performance, reduced rates of astigmatism, and independence from spectacles. 

In addition, large patient pool of diabetics who are vulnerable to macular degeneration, cataracts, and glaucoma will supplement the demand for premium IOL. This market segment is expected to progress further due to outstanding innovations in the premium IOL products and procedures during the forecast period. 


In a recent development, FDA-approved Tecnis Symfony intraocular lenses, which are manufactured by Abbot, have been successful in providing cataract patients with an extended depth-of-focus. Trials were conducted on cataract patients through the U.S.-based eye clinic Jones Eye Clinic, and the results were submitted to the FDA. The Tecnis Symfony intraocular lens enhances visual acuity at close, intermediate, and far ranges, and instances of wearing glasses or contact lenses after cataract surgery are reduced. 

Which region shows maximum potential for growth in the intraocular lens market?

The global intraocular lens market is geographically segmented into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. North America held a large market share in 2015 and is expected to grow during the forecast period due to factors such as increased adoption of technologically advanced products and techniques, escalating prevalence of cataract, and rising demand by patients for premium IOLs. 

Asia Pacific is a promising market for intraocular lenses. This region is forecast to grow at a rapid pace during the said period owing to increasing prevalence of diabetes, rapidly rising incidences of cataract, increasing demand for multifocal and toric intraocular lenses, and high risk of cataracts in diabetic patients. In addition, countries such as China and India have enormous demand for refractive surgery and encouraging government policies for the treatment of cataract and controlling preventable blindness. These factors are further boosting the market growth in the region. 

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