Demand from Europe to Help Global Household Induction Cook-Tops Market Reach US$5.2 Billion by 2018

According to a recent report published by Transparency Market Research, the global household induction cook-tops market is estimated to register a moderate growth rate initially, gradually gaining momentum towards the end of the forecast period. The report, titled “Household Induction Cook-tops Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019”, projects that the household induction cook-tops market will reach a total value of US$5.2 billion by 2018.

Browse the full Household Induction Cook-tops Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/hobs-market.html

The global household induction cook-tops market can be segmented by region into North America, Europe, Asia-Pacific, and Rest of the World. Europe is the largest market for household induction cook-tops and holds over one third of the total market share. However, growing acceptance and adoption of these innovative cook-tops in Asia-Pacific countries is estimated to drive the regional market to become the fastest-growing segment of the household induction cook-tops market. 

By type of product, the market is bifurcated into integrated household induction cook-tops and free-standing household induction cook-tops. Of these, integrated cook-tops led the overall market in 2012 and the segment is projected to register a 5.3% CAGR from 2013 to 2019, garnering high demand from the Middle East and Europe. 

The household induction cook-tops market is stimulated by rising global population, growing emergence of smaller households and working women, higher per capita income, and increasing tendencies toward optimized cooking. Moreover, electric household induction cook-tops have been gaining preference over fuel-based cook-tops owing to mounting fuel prices. This has had a positive impact on the global market. Rapid urbanization and growth in disposable incomes in emerging economies such as India is a factor that is expected to boost the household induction cook-tops market in the coming years. 

However, even with these driving factors, the growth rate of the market is not as high as one would have hoped. An analyst with TMR lists out the forces that prove to be a hindrance for the market. “The first-time purchase of household induction cook-tops is quite high and switching costs in terms of magnetic cookware prevent a large section of the target audience from making the change. The trend of outdoor dining and using microwaves and ovens has grown immensely in recent years, thereby threatening the growth of the household induction cook-tops market,” states the analyst.

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Some of the promising players of the household induction cook-tops market are Fisher & Paykel Appliances Holdings Ltd., Sub-Zero Wolf, Smeg, Haier Group, Stoves Appliance Company (Glen Dimplex Home Appliances Ltd.), Panasonic Corporation, Miele & Cie. Kg, Daewoo Electronics Corporation, AB Electrolux, Whirlpool Corporation, LG Electronics, Videocon Industries Limited, Philips Electronics, and Robert Bosch Gmbh. Among these, Panasonic, Philips Electronics, and Whirlpool have successfully penetrated the Asia-Pacific market for household induction cook-tops, enjoying strong brand loyalty from customers in the region. Product innovation in terms of design, advanced features, and ability to be used over multiple surfaces is a significant strategy that market players have been investing in, when it comes to household induction cook-tops.

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Refrigerated Display Cases (RDCs) and Chilled Rooms Market Expected to Cross US$ 43.2 Bn by 2020

According to a new market report published by Transparency Market Research “Refrigerated Display Cases (RDCs) and Chilled Rooms Market  - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the global RDCs and chilled rooms market collectively, in terms of revenue, was valued at US$ 21.9 Bn in 2013 and is forecast to grow at a CAGR of 10.5% during the period 2014 to 2020. The aggregate unit shipment for the RDCs and Chilled rooms was 5.7 million units in 2013 and is expected to reach 12.0 million units by 2020. Proliferation of cold chain, food retail industry, stringent food safety and quality regulations and rising demand for frozen food coupled with technology advancement to reduce energy consumed by RDCs and chilled rooms, is influencing the growth of RDCs and chilled rooms in the global market. High initial purchase price and growing online retail industry are expected to challenge the market growth through the forecast period. 

Browse the full Refrigerated Display Cases (RDCs) and Chilled Rooms Market (Plug-in and Remote RDCs; Vertical, Horizontal, and Hybrid RDCs; Walk-in Cooler Rooms, Walk-in Freezers Rooms and Walk-in Hybrid Rooms) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/refrigerated-display-cases-chilled-rooms-market.html

RDCs are classified into two types, viz. plug-in RDCs and Remote RDCs. Plug-in RDCs accounted for the largest product category in terms of both revenue and volume in 2013, with former accounting for larger share. Benefits of plug-in RDCs such as capital cost saving, mobility, reduced time to install, and low are influencing adoption of these equipment in large size stores compared to remote RDCs. Based on product design, RDCs are also categorized into vertical - front open, horizontal - top open and others (semi-vertical/hybrid). The Vertical front open RDCs accounted for 59.8% revenue share of the global RDCs market. Horizontal - top open or island RDCs and semi-vertical RDCs are expected to observed relatively slow growth through the forecast period. Benefits of plug-in RDCs such as low floor space requirement and efficient cooling are expected to help the product segment to maintain its dominating position in the global market.  

Based on design, the global chilled rooms market is classified into walk-in coolers, walk-in freezers, and walk-in hybrid rooms. Walk-in cooler is the largest as well as the fastest product category in the global chilled rooms markets and is expected to maintain its dominant position through the forecast period 2014 - 2020. The product segment is estimated to see rise in revenue and volume share by approximately 83.3% during the forecast period, while revenue growth marginally trailing the increase in volume shipments, due to potential price decline. Factors such as the rising need to reduce food wastage, and investment in cold chain industry to support agri-business and improve the efficiency of food processing sector, are expected to fuel the demand for walk-in coolers, particularly in India, China, Russia, Australia, South Africa, and other developing markets for walk-in coolers.

Asia Pacific is the largest as well as the fastest growing regional market in the global refrigerated display cases and chilled rooms market, with demand primarily fueled by growing retail sector, particularly in India and China. North America and Europe are expected to observe relatively slow growth and majority of revenue is expected from replacement market due to stringent energy consumption policies in these regions. 

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The global RDCs market is highly fragment market and comprises large number of global and regional players. Frigoglass, Dover Corporation, Manitowoc Company, Inc., Hoshizaki International and United Technologies Corporation are some of the leading players in the RDCs and chilled rooms market. Mergers and acquisitions, product line expansion and strengthening of distribution network, are some of the key strategies, followed by leading players to gain competitive advantage over their rivals.  

This report analyzes the global refrigerated display cases and chilled rooms market in terms of revenue (US$ million and Thousand units). The market has been segmented as follows:

Refrigerated Display Cases Market, By Product Type (refrigeration system):

• Plug-in (self-contained)
• Remote 

Refrigerated Display Cases Market, By Product Design:

• Vertical – front open 
• Horizontal – top open (island)
• Others (Hybrid/semi-vertical)
• Chilled Rooms Market, By Product Type:
• Chilled Walk-in Cooler Rooms 
• Chilled Walk-in Freezers Rooms
• Hybrid Walk-in Cooler Rooms

Refrigerated Display Cases and Chilled Rooms Market, By Geography:

• North America
• Europe
• Asia Pacific
• Rest of World (RoW)

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A2P SMS Market Segment Forecast up to 2020, Research Report: Transparency Market Research

According to a new market report published by Transparency Market Research “A2P SMS Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the global A2P SMS market was valued at USD 53.07 billion in 2013 and is expected to reach USD 70.32 billion by 2020, growing at a CAGR of 4.2% from 2014 to 2020. The growth of A2P SMS market is primarily driven by the increasing number of mobile subscribers. A2P SMS are currently used for various applications such as updating end-user with campaign perks, location-based opportunities, first-hand/breaking news, promoting brands, polling contest, and transactional messages by major industry verticals such as banking, financial services and insurance (BFSI), entertainment, tourism, retail, marketing, healthcare and media.

Application-to-person (A2P) SMS is a type of SMS service sent from an application, particularly a web application to a mobile subscriber. Introduction of applications such as Blackberry messenger and Whatsapp has resulted in substantial decrease in P2P (person-to-person) SMS volume. However, A2P messaging enables businesses and organizations to reach large targeted audiences of every age, demography and type of handset at low cost. Thus, A2P SMS offers potential opportunity for the growth of entire SMS market. 

Browse the full A2P SMS Market (Pushed Content Services, Customer Relationship Management Services, Promotional Campaigns, Interactive Services and Other Applications) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020 report at http://www.transparencymarketresearch.com/global-a2p-sms-market.html

Customer Relationship Management (CRM) services is the largest revenue contributing application segment of the A2P SMS market. A2P SMS is also used for wide range of applications such as, payment confirmations, appointment reminders, and to send one-time passwords for two-level verification and offer real-time notification of fraudulent credit/debit card transactions. Additionally, A2P usage will be boosted by other applications such as, appointment reminders from healthcare providers, account updates from banks, mobile event ticketing and flight updates from travel sites. With growth in global economy, banking and financial institution, advertising and e-commerce industry are continuously witnessing growth traction. Increase in number of mobile subscriptions allows marketers and banking and finance industry to reach to targeted people through A2P SMS; thus, fueling the market growth. The application developers, marketers, and brands are together utilizing SMS to strengthen their customer base, updating their users with breaking news, campaign perks, location-based opportunities, and other important information.

Geographically, Asia Pacific was the largest market and accounted for 42.2% share in 2013. The region is expected to observe the highest growth throughout the forecast period. India, China, Japan, South Korea, Singapore and Malaysia are the key countries in the region. The growth across these countries is primarily driven by increasing e-commerce industry and campaigns for promoting brands through marketing activities.

Leading messaging platform providers and gateway solutions providers in the global A2P SMS market include Syniverse Technologies LLC., AMD Telecom S.A., FortyTwo Telecom AB, mBlox, Inc., Ogangi Corporation, Silverstreet BV, Tanla Solutions Ltd. and Symsoft AB. among others.

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The report studies the global A2P SMS market, and provides estimates in terms of revenue (USD million) from 2014 to 2020. Market estimates have been provided for all application segments across geographic regions such as North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). 

The market has been segmented as follows:

Global A2P SMS Market Revenue, by Application

• Pushed Content Services
• Customer Relationship Management (CRM) Services
• Promotional Campaigns
• Interactive Services
• Others

Global A2P SMS Market Revenue, by Geography

• North America
• Europe
• Asia Pacific
• Rest of the World 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.

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Mobile Applications Market Expected to Reach US$ 54.89 Bn by 2020

According to a new market report published by Transparency Market Research “Mobile Applications Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the market was valued at US$ 16.97 Bn in 2013 and is expected to reach US$ 54.89 Bn by 2020, growing at a CAGR of 16.2% from 2014 to 2020. North America was the largest contributor to the global mobile applications market in 2013 while Asia Pacific is expected to be the fastest growing regional market for mobile applications during the forecast period from 2014 to 2020. The high growth of mobile applications in Asia Pacific is majorly due to the high penetration of smartphones in the region. Countries such as China, India, South Korea and others are expected to generate high demand for mobile apps during the forecast period.

Browse the full Mobile Applications (Store Type - Native (On-deck), Third-Party (Off-deck)) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/mobile-applications-market.html

The mobile applications market is majorly driven by the rising market for smartphones across the world. Due to the development of highly sophisticated smartphones with advanced features, the demand for smartphones is expected to rise substantially during the forecast period. This is anticipated to boost mobile applications growth substantially. Furthermore, growing advancements in cellular internet and rising penetration of internet services globally, is expected to spur the growth of mobile applications market over the forecast period. However, mobile websites pose major challenge to the growth of mobile apps. This is due to the better features and interface offered by mobile websites over mobile applications.

The most common and popular type of mobile applications include games and entertainment apps. In 2013, the games and entertainment mobile apps segment accounted for the largest share of around 40% in the global mobile applications market. Geographically, Asia Pacific dominated the global mobile applications market in 2013 with the share of around 36% of the global market. The high demand for mobile applications from Asia Pacific is due to the rapid penetration of smartphones in China, India, Australia and others.

The major companies involved in the development of mobile applications include Apple, Inc., Google, Inc., Blackberry Ltd., QBurst, Sourcebits,Inc., Softeq Development Corporation, WillowTree Apps, Inc., Microsoft Corporation, Handmark Inc., OpenXcell Tehnolabs Pvt. Ltd., Y Media Labs, Inc. and others.

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The report studies the global mobile applications market, and provides estimates in terms of revenue (US$ Bn) from 2012 to 2020. Market estimates are provided on the basis of store type, category and geography. The market has been segmented as follows:

Market Segmentation of Global Mobile Applications Market:

Mobile Applications Market, by Store Type

• Native (On-deck)
• Third-party (Off-deck)

Mobile Applications Market, by Category

• Games and Entertainment
• Productivity
• Social and Personalization
• Music Audio and Lifestyle
• Travel and Navigation
• Others (Business, Finance and Utilities)

Mobile Applications Market, by Geography

• North America
• Europe
• Asia Pacific
• RoW

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Global Cooling Towers Market is Expected to Reach US$ 3.17 Bn in 2020

According to a new market report published by Transparency Market Research “Cooling Towers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the market for cooling towers was valued at US$ 2.31 Bn in 2013 and is expected to reach US$ 3.17 Bn by 2020, growing at a CAGR of 4.7% from 2014 to 2020. Rest of the World (RoW) region, which comprises Middle East, South America, North Africa, and Far East, was the largest revenue contributor in 2013, accounting for 35.7% of the global cooling towers market revenue. RoW is analyzed to be the fastest growing market for cooling towers during the forecast period. The growth in this region is mainly driven by China. Increasing industrialization and rise in the number of the power plants are sustaining the demand of cooling towers in China. Due to these reasons, the market in RoW is estimated to grow at a CAGR of 5.5% from 2014 to 2020. China, U.S. and India, are expected to be the major contributors to the global market growth in the near future. 

Browse the full Cooling Towers (Evaporative, Dry, Hybrid) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at  http://www.transparencymarketresearch.com/cooling-towers-market.html

The cooling towers market growth worldwide is mainly driven by increasing demand for evaporative cooling towers in the regions such as India, Chain and South Korea. Hybrid cooling towers which reduce plume and prevents Legionnaires' disease are also expected to observe proliferation in its adoption during the forecast period. The cooling towers market lately has also witnessed increase in implementation of closed circuit cooling towers, mainly fueled by demand for cooling towers that utilizes less water. The trend has been prominent in the regions with limited fresh water reservoirs. 

Globally, the cooling towers market is expected to witness high demand during the forecast period, with growth largely driven by replacement of existing cooling towers with the energy efficient cooling towers. Government regulations are promoting the usage of the energy efficient cooling towers and plume abatement hybrid cooling towers. However, the cooling towers industry in Asia Pacific, Middle East and Africa, and Latin America are anticipated to continue witnessing usage of low cost open circuit evaporative cooling towers which offer higher thermal efficiency over other designs.

Cooling towers are widely deployed in power generation utilities, manufacturing industries, and HVAC units. These applications require ample of water for cooling the facility. Therefore, there is a wide scope of conserving water through monitoring and maintenance of cooling towers. Thus, in addition to save water, increasing number of end-use industries are seeking energy efficient cooling towers to help save on maintenance cost and achieve higher energy efficiency. Also, with an aim of reducing plume at work places, the developed regions have witnessed proliferation of plume abatement cooling towers against other types. 

The growth in commercial/infrastructure construction activities globally has led to increase in HVAC systems and in-turn has boosted the market for cooling towers. Emerging countries such as China and India, Taiwan, Korea, Singapore, and Indonesia have witnessed an increase in production/processing activity and are showing encouraging signs of economic growth. This is further anticipated to bolster the demand for cooling towers in the industrial sector. Cooling towers help maintain optimum efficiency in power generation plants and are most preferred solutions for cooling. Therefore, increase in the number of power plants is expected to subsequently increase the deployment of cooling towers during the forecast period.

With advancement in material technologies and products, the market has seen wide adoption of Fibre-reinforced plastic (FRP) cooling towers and the trend is likely to continue over the forecast period. Fibre-reinforced plastic (FRP) cooling towers are becoming the preferred solutions as they offer better performance in sea water and corrosive surroundings as against cooling towers made up of steel and other materials. Moreover, though these towers cost higher than other cooling towers, the maintenance cost is lower as compared to others, which helps compensate for investment cost incurred. 

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The report includes analysis of global cooling towers market and provides estimates in terms of revenue (US$ Mn) for the period 2012 to 2020. The values for 2012 and 2013 are the actual, while 2014 market size is estimated value. For period 2014 – 2020, market size forecast is based on prevailing and expected future market dynamics. Market estimates are provided for segments, categorized on the basis of type of cooling towers, type of heat transfer method, application, and geography. The market has been segmented as follows:

Market Segmentation of Global Cooling Towers Market:

Global Cooling Towers Market, by Type

• Open Cooling Towers
• Closed Circuit Cooling towers

Global Cooling Towers Market, By Heat Transfer Method

• Evaporative
• Dry Tower
• Plume Abatement (Hybrid)

Global Cooling Towers Market, By Application

• Air-Conditioning
• Power Generation Utilities
• Manufacturing Industry

Global Cooling Towers Market, By Geography

• Western Europe
• Eastern Europe
• Asia Pacific (Excluding Far East)
• Southern Africa 
• North America 
• Rest of the World (Middle East, South America, North Africa and Far East) 

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Developments in HEPA Filtration Technology to Drive Global Household Vacuum Cleaners Market to US$14.60 Billion by 2018

The global household vacuum cleaners market is expected to grow at a CAGR of 4.9% from 2012 to 2018. The market’s value by the end of this forecast period will be US$14.60 billion. Transparency Market Research has published a research report about this market, titled “Household Vacuum Cleaners Market - Global Industry Analysis, Size, Share And Forecasts 2012 - 2018”. The report aims to offer a clear picture of the global household vacuum cleaners market by providing details on its key players, development in particular segments, and geographical distribution.

Browse the full Household Vacuum Cleaners Market - Global Industry Analysis, Size, Share And Forecasts 2012 - 2018 report at http://www.transparencymarketresearch.com/household-vacuum-cleaners-market.html

According to the report, the global household vacuum cleaners market is primarily driven by increasing awareness amongst families about the benefits of using vacuum cleaners in place of traditional brooms or other such equipment. This holds true particularly in the Asia Pacific region, which is primarily driving the market. Other major reasons for the market’s growth are listed as increasing disposable incomes of families and developments in creating energy-efficient and eco-friendly vacuum cleaners that can function well in smaller apartments.

More than 35% of the 2012 global household vacuum cleaners market was held by the canister vacuum cleaner segment. This market share at the time was worth US$4.21 billion. The fastest growing segment, however, is the robotic vacuum cleaners market, due to improvements and innovations in features such as acoustic sensors, automated mapping abilities, self-charging cleaners, and sweeping brushes.

There is a substantial push towards the creation of increasingly compact household vacuum cleaners that are also eco-friendly. This need has been created by increasing costs of electricity and government regulations that are aimed to reduce the noise made by vacuum cleaners. The report describes the geographical segmentation of the global household vacuum cleaners market, which shows the Asia Pacific region as the largest regional segment. The Asia Pacific region held nearly 30.5% of the 2012 global household vacuum cleaners market.

Emerging nations such as Brazil, China, and India are beginning to reap the benefits of increasing disposable incomes. This has also boosted sales in the global household vacuum cleaners market. The market’s growth in these countries is expected to be par excellence throughout the report’s forecast period. The global household vacuum cleaners market is a highly fragmented one. Most of the top global players are currently looking to expand their market in developing regions. They are targeting countries from the regions of Asia Pacific, Latin America, and the Middle East.

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Dyson leads the global household vacuum cleaners market in the segment of vacuum cleaners that cost more than US$200. Robotic vacuum cleaners are getting increasing preference in households in developed countries due to their utility in today’s busy lifestyle. Many households are currently attempting to switch their old vacuum cleaners with new models that are eco-friendly, consume less power, and make less noise.

The key players in the global household vacuum cleaners market as listed and discussed in the report include TTI Floor Care, Bissell, Miele, and iRobot.

Related Reports:

• Household Induction Cook-tops Market: http://tmrmarketreport.blogspot.com/2015/02/demand-from-europe-to-help-global.html
• Turkey Personal Protective Equipment Market: http://tmrmarketreport.blogspot.com/2015/02/turkey-personal-protective-equipment.html
• Global Instrumented Bearing Market: http://tmrmarketreport.blogspot.com/2015/02/global-instrumented-bearing-market-is.html

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Increasing Approval of Physical Security Systems in Business Group to Drive Physical Security Market

A recent publication issued by Transparency Market Research (TMR) presents analysis of data about the physical security market for hardware, software, and services. The report discusses about the present market scenario and its effects on the future of the global physical security market.

The global physical security market is estimated to grow significantly and reach a value of US$125.03 billion by 2019. The CAGR at which the market is estimated to grow is 14.9% during 2013 to 2019. 

The market study, titled “Physical Security Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, makes for an informative report, having in-depth analysis of past performances, current trends, and future prospects of the global physical security market.

Physical security generally refers to the physical and electronic methods designed to supervise objects and people. Additionally, it is also employed to limit access and interference to possessions and information. The services that assist in making the physical security measures swifter and smoother are defined as physical security services. Physical security systems are powerful and strong devices that are utilized in controlling and investigating felonies by having them deployed in public places such as shopping malls, banks, multiplexes, automated teller machines (ATMs), casinos, airports, and others. Increasing frequency of terrorism and rising concerns about security and protection are some significant factors that are propelling the global demand for physical security systems. With the rising insistence for physical security products on the account of heightened criminal activities, security solutions are being developed into advanced and complicated systems. This has triggered the development of the physical security service industry.

Browse the full Physical Security Market (Hardware, Software and Services) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/physical-security-market.html

The physical security market is studied on the basis of components, application, and region.

In the component-based division of the physical security market, video surveillance was considered as the largest market, with around 72% of the total market share in 2012. It is estimated that it will also be the fastest growing segment during 2013 to 2019. Biometric access control held the biggest share of around 38% in the access control market, in 2012.

In the application-based division of the physical security market, the transportation market under the transportation and logistics sector was the biggest application category of the physical security market in 2012.

In the region-based division of the physical security market, North America emerged as the dominant regional market for physical security in 2012. Asia Pacific is one of the fastest developing physical security markets rising at a 17% CAGR owing to a considerable boost from police and governments to advance security to prevent the frequent incidences of crime and terror attacks in the region.

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Siemens AG, NICE Systems Ltd., Morpho SA (Safran), Honeywell Security Group, Cisco Systems Inc., BM Corporation, Assa Abloy AB, EMC Corporation, McAfee Inc, and HikVision Digital Technology Co., Ltd. are some major players whose market profiles are reviewed in this market study.

Other Reports:

• IPTV Market: http://tmrmarketreport.blogspot.com/2015/01/iptv-market-segment-forecast-up-to-2020.html
• Vehicle Cameras Market: http://tmrmarketreport.blogspot.com/2015/02/global-vehicle-cameras-market-expected.html
• A2P SMS Market: http://tmrmarketreport.blogspot.com/2015/02/a2p-sms-market-segment-forecast-up-to.html

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