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Global Market for Surface Mount Technology (SMT) Equipment to Exceed $6.5 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.(0)
Global Market for Surface Mount Technology (SMT) Equipment to Exceed .5 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) April 28, 2011 Fate of the SMT equipment market is closely intertwined with the global electronics manufacturing industry. As such the global economic turmoil had profound impact on the SMT equipment market, with growth rates shifting to the negative territory from the dizzying double-digit growth rates of the last decade. The recession forced financial institutions to adopt stringent credit policies, thereby drying up funds for the SMT manufacturers. Sales of the SMT equipment were also affected by increasing liabilities and low credit ratings of several electronic assemblers. Flexibility became the key mantra for survival, with manufacturers supplying flexible machines that facilitate electronic assemblers in reducing their manufacturing costs through optimum utilization of installed capacity. In addition, SMT equipment manufacturers also resorted to providing value-added services, extending financial assistance to electronics manufacturers and introducing innovative products to meet the changing needs of electronics manufacturers.
However, with the global economy rebounding from the financial crisis by 2010, the SMT equipment market also bounced back. With the increased confidence of investors, OEMs and other electronic assemblers are lining up plans for renewing capital equipment, capacity expansion and technological up gradation, spelling promising opportunities for the growth of the SMT sector.
As stated by the new market research report on Surface Mount Technology (SMT) Equipment, Asia-Pacific market was among the earliest to recover from the recession, growth mainly led by the emerging economies of China and India. Other developed regions such as the US, Canada and Japan are also projected to witness erosion in market share. Availability of low cost infrastructure, technical expertise and manpower in countries such as India and China coupled with high economic growth is luring electronic manufacturers and original design manufacturing businesses to set shops in the region, which in turn is enhancing the demand for SMT equipment. Growth is also being driven by end use sectors such as consumer electronics, communications electronics, industrial electronics, medical, and automotive.
Growing sophistication and shrinking size of electronic gadgets is fuelling advancements in the SMT equipment market. The rising demand for electronic appliances with smaller footprint and capable of integrating greater number of electronic modules is contributing to increased demand for compact printed circuit board assemblies. Consequently, there exists a need for efficient electronics packaging technologies capable of incorporating electronic components into militarized printed circuit board. SMT equipment holds an edge in this sphere, due to its ability to mount electronic components efficiently and quickly onto both the sides of the PCB. Rising demand for flexible and reliable equipment from the medical device sector are fuelling sales of high-end SMT equipment.
SMT Placement Equipment represents the largest product segment within the SMT equipment market. Design and process innovations enhancing the ease-of-use, productivity, versatility, and speed of the equipment comprise the key growth harbingers for the segment. The world of inspection systems continues to eye a new breed of systems that are primed to spearhead the sales of the segment. Automated Optical Inspection Systems and Automated X-Ray Inspection systems comprise the market’s hottest sellers, owing to higher yield and profitability enhancing prowess. SMT inspection is gaining rapid impetus in the PCB assembly. PCB Assemblers are increasingly turning to the deployment of high-speed Automated Optical Inspection systems in their production processes in an attempt to curtail costs of rework and repair.
Accompanying the global shift in production from the West to East is the issue of patent infringements, which is becoming a serious cause of concern for large players. In addition, growing clamor for environment protection across the world is putting pressure on manufacturers to reduce energy wastage and adopt other environment friendly measures. Accordingly, manufacturers are opting for energy efficient and environment friendly SMT equipment. In order to retain or increase market share as well as to enhance profitability, value added services have become a key differentiating point.
Major players profiled in the report include ASM Assembly Systems GmbH & Co. KG, Assembléon, Cognex Corporation, Conceptronic, CyberOptics Corporation, Dover Technologies, Electro Scientific Industries Inc., Fuji Machine Manufacturing Co., Ltd., Glenbrook Technologies Inc., Juki Automation Systems Inc., Nordson Corporation, OK International, Orbotech Ltd., Phoenix X-Ray Systems & Services, Inc., PPT Vision Inc., Saki Corporation, Speedline Technologies Inc., Teradyne Inc., Universal Instruments, Viasystems Group Inc., X-Tek Group Inc., and YXLON International FeinFocus GmbH.
The research report titled “Surface Mount Technology (SMT) Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the industry, key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for the years 2003 to 2017, with 2003 to 2008 covering historic data and fact sheets, while the period 2009 through 2017 is covered as part of our recent past, current and future analysis. Data and analysis is provided for the following geographic markets – US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key segments and sub-segments analyzed include Screen Print Equipment (Manual, Semiautomatic, Automatic), Placement Equipment (High-Speed, Medium-Speed, Low-Speed), Soldering Equipment (Reflow Oven, Wave Oven), Cleaning Equipment, Inspection Equipment (Optical, X-Ray, Laser), and Repair and Rework Equipment (Manual, Semiautomatic).
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Surface_Mount_Technology_SMT_Equipment_Market_Report.asp
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ECORE International Names Former President and CEO of Mannington Mills, Inc. to Its Board of Directors(0)
ECORE International Names Former President and CEO of Mannington Mills, Inc. to Its Board of Directors
Lancaster, PA (PRWEB) March 01, 2012 ECORE International, the pioneer in recycled products technology, announces that Thomas S. Davis, retired President and CEO of the New Jersey-based flooring company, Mannington Mills, Inc., has joined the ECORE Board of Directors.
At Mannington, Davis helped develop a management team and culture that is recognized as one of the best in the flooring industry by customers, suppliers, employees and even competitors. In addition, he also served as Chairman of the Resilient Floor Covering Institute for 2008 and 2009. During that period, the organization developed a new strategic direction more in sync with the needs of the industry and its members. Davis joined Mannington after a 23-year tenure with Milliken & Company in Spartanburg, Georgia. Prior he served as an officer in the United States Army and earned his Bachelors and Masters Degrees in chemistry at Furman University.
Arthur Dodge III, ECORE Chairman and CEO, said, “Tom is a recognized leader in the flooring industry, and his reputation for integrity and evenhandedness is above reproach. I look forward to tapping into Tom’s experience and innovative spirit as we seek to take ECORE to the next level. We are delighted to have him on board.”
ECORE’s other directors include Lori Dowling, industry consultant and former President and CEO of StarNet Commercial Flooring Cooperative (now, Starnet Worldwide Commercial Flooring Partnership); Michael DeRosa, Managing Director of Element Partners; Andrew Dodge, President of Gerbert Ltd.; Laura Dodge, Managing Director of International Business of ECORE International; Gene Otto, Executive Vice President and Managing Director of Sageworth Trust Company; and, Scott Wagner, President and Owner of Penn Waste.
“ECORE is a company with a compelling platform,” said Davis. “In addition, they enjoy the collected wisdom of experienced personnel who have been in the flooring industry for a number of years, which translates to strong relationships, a cornerstone in our business. I am excited about being on their board and hope to be a contributor to their continued success.”
Since 1989, ECORE International has revolutionized the recycled rubber flooring category. Today, the company creates the smartest, highest-performing and most ecologically-responsible recycled rubber products made in North America. With its original perspective, ECORE continues to impact the industry and improve the way people live, work and play, every single day.
To learn more about ECORE International, its advanced technologies and portfolio of products and brands, please visit http://www.ECOREIntl.com.
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Global Market for Original Design Manufacturing to Reach $161.1 Billion by 2017, According to New Report by Global Industry Analysts, Inc.(0)
Global Market for Original Design Manufacturing to Reach 1.1 Billion by 2017, According to New Report by Global Industry Analysts, Inc.
San Jose, CA (Vocus/PRWEB) April 12, 2011 The manufacturing culture has evolved over the decades, from centralized production to gradual decentralization and disintegration of vertical manufacturing processes. Strategic outsourcing has diversified supply chain functions in line with the concept’s evolution from outsourcing parts and components to ideas. This outsourcing of research and design ideas have brought into the spotlight original design manufacturers (ODM). Manufacturing systems revolving around design and production have splintered over the decades with design knowledge increasingly being outsourced to original design manufacturers (ODM). As a result there has been a steady rise in the OEM–ODM contracts. Numerous advantages, such as, improved lead times, access to broader design experience (i.e. architecture design, mechanical and electrical engineering), flexible system to accommodate design changes/modifications, among others have encouraged Original Equipment Manufacturers (OEMs) to gravitate towards ODMs.
Given that fortunes in the ODM industry are closely tied to industrial, automotive and consumer electronics, wireless & wired communications, and data processing technologies, which have witnessed significant disruptions in business activity/prospects in 2008 & 2009 due to economic recession, the global Original Design Manufacturing market too suffered a major set back during the period. Bad economy and deteriorating business climate resulted in OEMs scaling back production as a knee jerk reaction to the soft business environment prevalent in most end-use sectors. Spooked by the financial crisis, lack of credit availability, and muted consumer demand for electronic products such as, personal computers, and cellphones, manufacturers reined in capital spending. Cut backs on consumer device manufacturing capacity expansion, reduced capacity utilization and closure of plants, directly sliced through ODM revenues. In the IT industry, including networking and servers & storage, reduced corporate/enterprise IT budgets, as a result of poor financial strength displaced ODM opportunities at large. The manufacturing sector additionally has been the worst hit by the recession with the slowing down of economic activity including reduced manufacturing and commercial activity impacting industrial production.
Reduced capacity utilization, and excess capacity at OEMs resulted in OEMs resorting to in-house design and development this reducing business orders for ODMs. The telecommunication industry, like all other industry was also acutely impacted by the crisis. The unusually pronounced length, breath, depth and magnitude of the recession has taken a large bite out of carriers’ revenues, and profitability. Decline in consumer usage of telecommunication services, lower levels of new subscriber additions, falling average revenue per user, traffic reductions have distorted the business climate over the last two years. Additionally, drying up of the debt market and the resulting shortages in capital investments, played instrumental roles in derailing network coverage expansion, and upgradation schedules. The gloomy business environment in the telecommunication industry has had a trickle down impact on telecommunication equipment and on the OEM activities in this space. ODMs as a result witnessed hurting fall in order inflows during the period 2009.
With recession now having played out its part in full proportions and the manufacturing activity in most of the industry segments having hitting rock bottom, the worst is now over for ODMs, as evident by the improvement in its revenue growth during 2010. A quick resurgence in growth fundamentals post recession, such as recovery in GDP growth, improvement in consumer demand for end-products and subsequent rise in production at OEM level, and general increase in business confidence, will help drive increased ODM contracts over the next few years. Stimulus packages offered by governments across the globe to infuse vigor in the ailing manufacturing sector will additionally drive increased production, thereby creating opportunities for ODMs. With companies waking up to the fact that undeterred focus on long-term plans is critical in warding off the impact of the economic slowdown, creative designs, new product form factors, and technology specifications will continue to come to the market across different product segments, thus creating the need for ODM services. Digital consumer electronics products in particular is forecast to witness innovation in form factors in the upcoming years and this thereby bodes well for ODMs, who can expect new design orders to come their way. Efforts by OEMs to leverage ODM services to tap low cost product markets in emerging countries and simultaneously maintain competitiveness and profitability, also bodes well for the future of the ODM market.
As stated by the new market research report on Original Design Manufacturing, Asia-Pacific remains the most prominent regional market for original design manufacturing services, having a stranglehold on the global market. Growth in the Asia-Pacific market is especially driven by the robust production scenario in the region, particularly Taiwan and China, thanks to increasing demand for electronic peripherals, computers, networking and telecommunication equipment in the region. Computer industry represents the largest end-use sector for ODM services. Electronic Peripherals sector is one of the key growth areas for ODM services, with revenues from the segment waxing at a CAGR of about 5.9% over the analysis period.
Major players in the marketplace include Arima Group, ASUSTek Computer Inc., Compal Electronics Inc., Elitegroup Computer Systems Co. Ltd., Flextronics International Ltd., Foxconn Electronics Inc., Inventec Corporation, Lite-On Technology Corporation, MiTAC International Corp., One & Co, Qisda Corporation, Quanta Computer Incorporated, Sanmina-SCI Corp, Venture Corporation Limited, Wistron Corporation, among others.
The research report titled “Original Design Manufacturing (ODM): A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, and key strategic industry activities. The report analyzes the global ODM market by key end-use sectors such as Computers, Consumer Devices, Electronic Peripherals, Telecommunication Equipment, Networking Equipment, and Servers & Storage Equipment among others. Market estimates and projections are presented for all major geographic markets including North America, Japan, Europe, Asia-Pacific (China, Taiwan, & Rest of Asia-Pacific), and Rest of World.
For more details about this comprehensive market research report, please visit –
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Home Jinni Inc. Files Petition with the USPTO to Cancel SMRTV INC.?s Registration of the ConnecTV? Trademark(0)
Home Jinni Inc. Files Petition with the USPTO to Cancel SMRTV INC.’s Registration of the ConnecTV™ Trademark
Toronto, Canada (PRWEB) February 07, 2012 Home Jinni Inc., developers of the ConnecTV™ Smart TV platform, has filed a petition with the United States Patent and Trademark Office to cancel SMRTV INC.’s registration of the ConnecTV™ trademark (cancellation #92055129). According to their press releases, SMRTV INC. is using ConnecTV™ as a mark for a social TV service offered in partnership with broadcast groups Barrington Broadcasting Group, Belo Corp., Cox Media Group, E.W. Scripps Co., Gannett Broadcasting, Hearst Television Inc., Media General Inc., Meredith Corp., Post-Newsweek Stations Inc. and Raycom Media.
Home Jinni’s CEO, Shidan Gouran, states, “Since November 2011, we have attempted to negotiate with SMRTV INC.. We informed them of our prior commercial use of the ConnecTV™ mark in the USA. The fact that this situation has not been rectified to date has led to our petition with the USPTO.”
Shidan Gouran goes on to state, “At the time that Mr. Aaron and SMRTV INC. registered our brand ConnecTV™, even a simple query of the term on Internet search engines would have shown a significant portion of the results, including leading industry blogs, publications, marketing videos, advertisements and press releases pointing to Home Jinni’s Smart TV product and, the fact that we had presence under the ConnecTV™ brand at the CEA’s CES tradeshow in Las Vegas, Nevada, in partnership with established US companies. SMRTV INC. never contacted us for clarifications on our prior use of the brand before registering our mark. We have, in fact, commercially licensed our Smart TV product under the ConnecTV™ brand in the USA before SMRTV INC. registered the mark. We will exercise all available options for defending the integrity of our brand.”
About Home Jinni Inc.
Legal Marks: Home Jinni and ConnecTV are trademarks of Home Jinni Inc. CES is a trademark of CEA.
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Global Market for Household Cleaning Agents to Reach US$83.23 Billion by 2015, According to New Report by Global Industry Analysts, Inc.(0)
Global Market for Household Cleaning Agents to Reach US.23 Billion by 2015, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) February 07, 2012 Follow us on LinkedIn – Household cleaners, which include a variety of cleaning solutions for house and household products, have emerged as an important product category in recent years, thanks to growing concerns over the spread of infectious diseases and increased focus on hygiene among new age consumers. Increased consumer focus on satisfying safety, social, and self-actualization needs, especially by enabling safe food storage, disinfecting household surfaces, controlling garbage in a hygienic manner and by improving sanitary conditions are driving gains into the global household cleaners market. Rapid proliferation of lifestyle gurus and home experts across the globe are also driving consumers to take household maintenance to a next level, thereby encouraging them to use advanced household cleaning and safety products. Given the hectic-lifestyles of next-generation individuals, which gives them little time to spare for household chores, new-age household cleaners have become must have products in the consumer shopping carts, given their ability to ensure cleanliness in the shortest possible time frame without compromising hygiene aspect.
The importance of innovation and large scale advertising and promotion cannot be less emphasized in a market where brand loyalty is hard to sustain. The market for household cleaners is one such area where companies need to constantly identify and react to emerging trends by introducing new, innovative and technologically advanced products in order to effectively capture consumer interest. Ensuring efficient research and development activities and developing products that suit particular needs and tastes of customers will go a long way in driving demand for these products. With consumer retention becoming a highly challenging task, innovative promotional strategies have become the name of the game for companies operating in the market. Several new-age companies have also started to engage in high-profile promotional activities through a diverse media mix to reach out to prospective customers. Such an approach allows manufacturers to place their products onto retail shelves for wider group of consumers, thereby making their final goal of enhancing overall profitability, an achievable task. With the rapidly increasing internet user-base and the growing craze for social media, the trend of using social networking sites such as Twitter and Facebook is also fast catching up in the household cleaners industry. Companies are using such sites to connect with tech-savvy consumers far and wide thereby multiplying opportunities for their products.
The research report titled “Household Cleaners: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include US, Canada, Europe, France, Germany, Italy, United Kingdom, and Russia) Asia Pacific (Japan, Australia, China, India, and Indonesia) and Latin America (Brazil and Mexico) The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
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Global Biochips Market to Reach US$3.7 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.(0)
Global Biochips Market to Reach US.7 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (Vocus/PRWEB) February 23, 2011 Biochips, though developed initially for use in genome analysis, are now playing a critical role in gene identification in human DNA. In addition to the increasing usage in protein, diagnostics, toxicological, and biochemical research applications, biochips also enable rapid detection of chemical agents in chemical and biological warfare. The global financial crisis presented enormous challenges for the biochip industry, as biotech firms found it difficult to attract funding thereby affecting the development and commercial availability of new products. The US has been one of the worst affected markets in the biotech industry, while the cautious approach of investors is hampering prospects in developing biotech markets. The impact of credit crunch has been particularly severe on smaller companies, which need enormous cash inputs for sustaining expensive drug research operations but suffer due to lack of sales. Despite the adversities, biochips hold enormous promise in areas such as homeland security, environmental monitoring, and public health. Some of the potential applications for biochips include rapid diagnosis of various infectious diseases, instantaneous classification of biological warfare agents, and faster identification of crime suspects.
The United States and Europe cumulatively accounts for a lion’s share of the global market, as stated by the new market research report on Biochips. The biochip products and services market in the US is anticipated to grow steadily, led by increased usage in epidemiological research and drug discovery activities. In particular, protein characterization and analysis is expected to offer the fastest growth opportunity among all technologies. Biochips are expected to gain prominence for use in specific applications such as nucleic acid biomarkers in the field of in vitro diagnostics testing, owing to significant improvements in speed and accuracy. However, cost disadvantages are likely to prevent greater use of biochips in other applications.
DNA chips segment dominates the biochip market, although the segment has been witnessing sluggish growth due to the maturity of gene expression market. Nevertheless, the emergence of new applications, such as SNP genotyping, is likely to accelerate growth for the DNA chips market. The United States represents the single largest market for DNA chips. Protein chips segment is set for robust growth driven by the anticipated rise in demand from proteomics and gene expression profiling applications. Rapid advancements in genomics technology have led to enhanced emphasis on analysis of specific actions pertinent to gene-coded proteins and genes, a significant transformation from the earlier focus on deciphering genetic code sequences. Academic laboratories and pharmaceutical companies are likely to remain the major markets for biochip products and services. Europe represents the largest global market for protein chips.
Biochips industry is presently experiencing a shift away from R&D tools towards applied applications in the fields of clinical diagnostics, advanced sequencing, and drug discovery and development. Such a shift is led by the enormous efforts in associating genetic variations with susceptibility and progression of diseases. The industry focus has also shifted towards miniaturization as well as integration of biochip devices, which are aimed at reducing biochip cost, authenticating usage for clinical diagnostics, and enhancing their portability.
Biochips industry is a highly competitive market involving the presence of both large and small market participants. Major players profiled in the report include Affymetrix Inc, Biomerieux SA, Bio-Rad Laboratories Inc., Caliper Life Sciences Inc., Cepheid Inc., GE Healthcare Ltd., Life Technologies Corporation, Takara Bio Inc., and Zyomyx, Inc.
The research report titled “Biochips: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the biochips industry, key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for the years 2007 through 2015, and 2000 to 2006 by the following geographic markets – US, Canada, Japan, Europe, and Rest of World. Key segments analyzed include DNA Chips, Protein Chips, and Lab Chips.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Biochips_Market_Report.asp
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Global Specialty Tourism Sector is Poised for Steady Growth, According to New Report by Global Industry Analysts, Inc.(0)
Global Specialty Tourism Sector is Poised for Steady Growth, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) February 10, 2012 Follow us on LinkedIn – Tourism industry dynamics are significantly influenced by the highs and lows of the global economy as it affects the level of consumer confidence. As travelers from the developed nations make up for a large proportion of total tourists, the industry was hit hard by the recession that engulfed the global economy. Rise in unemployment rates, salary cutbacks and reduction in travel-related programs by businesses led to a considerable decline in number of tourists, thereby affecting the overall revenues. The effect was also evident on various sectors including leisure and business tourism, incentive travel, cruise tourism and shopping tourism, all of which witnessed a significant decline. A large number of regular travelers reduced their traveling frequencies, while new and prospective travelers deferred their travel plans. However, some tourism segments, specifically medical tourism, continued to grow despite the financial crisis. The tourism sector recovered in 2010 and exhibited growth in 2011 with consumer confidence and enthusiasm heading back to pre-recession levels.
Over the years, Specialty Tourism has responded to public’s interest in educational, health and active tours. Changes in technology, society and economy have led to increased ease in traveling. Traveling has become cheaper and convenient with the availability of more airplanes, air routes, surface vehicles, and roads. In addition, abundant and easily accessible information is provided to travelers. The specialty tourism market is expected to exhibit continuous growth in the coming years and become the dominant segment of the overall tourism industry.
Medical tourism is one of the fastest growing sectors in the tourism industry. Increasing health awareness levels, low medical costs, less waiting time are driving medical tourism, with a significant portion of the tourists flow directed towards developing nations such as India, Brazil and Thailand, among others. Asia-Pacific medical tourism industry accounts for a significant portion of the worldwide medical tourism market, with the region attracting travelers from Europe, North America and Australia largely due to the cost factor. The availability of well-qualified and skilled medical professionals and advanced medical techniques favors the region’s growth as the hub of medical tourism. Adventure tourism is another key sector of the leisure travel market, which includes a variety of outbound activities such as such as scuba diving, rock climbing, canoeing or kayaking, paragliding, mountaineering and windsurfing. Growth in the sector is driven by an upsurge in the number of enthusiasts venturing into adventure sports.
The research report titled “Specialty Tourism: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global specialty tourism sector, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include the US, Canada, Mexico, Japan, France, Germany, the UK, Russia, China, India, Brazil, Thailand and Malaysia among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
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Global Pipes and Pipe/Hose Fittings Market to Reach US$136.8 Billion by 2015, According to New Report by Global Industry Analysts, Inc.(0)
Global Pipes and Pipe/Hose Fittings Market to Reach US6.8 Billion by 2015, According to New Report by Global Industry Analysts, Inc.
San Jose, CA (Vocus/PRWEB) February 23, 2011 Pipes, primarily used to transport liquid and gaseous substances, are an indispensable part of water and oil related industries. Market for pipes and pipe/hose fittings is highly variable and dependent on factors, such as economic conditions, growth in GDP, consumer purchasing power, and the overall health of the end-user industries. The protracted economic downturn and credit crisis combined with volatility in raw material prices has caused weak demand, and a substantial fall of volume and dollar sales in the pipe industry. Weakened consumer demand from housing and construction, oil and gas, automotive sector, sewage, drinking water, agriculture, industrial equipment and machinery, and energy markets, negatively impacted the market during the years 2008 & 2009. The construction industry, which represents a major high volume end-user of pipes, was one of the first sectors to be hit by the downturn due to lower demand for distribution and general construction pipes for non-residential/ residential buildings, and civil engineering sector. The mélange of factors such as reduced household wealth, lower consumer purchasing power, declining new housing starts, steep deceleration in housing demand and rising inventory of unsold new, and existing homes caused a sharp decline in demand for building materials, such as pipes and pipe hoses. Also, governments across the world delayed capital expenditure, and several new public works projects and infrastructure spending have been put on hold, causing a knock-on effect on the pipe and pipe hose industry.
The recession also made a disproportionate impact on industrial production as a result of reduced manufacturing, commercial, and economic activity, thereby hurting demand from oil & gas segment, city gas pipe projects, irrigation, water & sewage, and replacement demand. In the field of energy industry, a severe pull back in exploration activity was witnessed due to persistently weak global economic environment drying up of the debt market and the resulting shortages in capital investments, and recession-induced lower demand for mineral commodities. New oil & gas exploration and production projects worldwide were postponed due to fall in global commodity prices, resulting into reduced orders.
The weak global economy, sluggish residential/commercial construction, and falling GDP levels, meant that most pipe companies posted sluggish results for the year 2010. As stated by the new market research report, Europe and Asia-Pacific account for a major share of the global Pipes and Pipe/Hose Fittings market. Even as the ongoing recessionary trends in the world economy works as a dampener on the pipes market in the short-term, growth is forecast to pick up in the medium term as the economy recovers from its present crisis. Growth fundamentals such as, the escalating energy requirements demand due to population increases, rising stress on water supplies, and mounting interest in producing lead-free pipes are all forecast to swing back into action, driving growth in the post recession period.
With signs of stronger economic conditions, shriveling inventories, and price hikes, the pipe industry is expected to look up with the resumption of normalcy beginning from 2011. The emerging economies will be the critical factor in driving world pipe and pipe/hose fittings demand in the post recession period. Asia-Pacific is the largest and fastest market for pipes increasing at a CAGR of 4.6% during the analysis period. Worldwide pipe companies are eyeing the lucrative market of the Middle East where, the energy and construction sector, the main pipe consumers, holds out the promise of good business despite a slight weakening caused by the global financial meltdown. Advancements in drinking water transfer systems, and sewage and drainage systems are expected to drive the market for plastic pipes. Global market revenues for PVC Pipes are expected to surge at a CAGR of 3.0 % during the analysis period.
Major players in the marketplace include Aristovolos G. Petzetakis S.A, Advanced Drainage Systems, Aliaxis SA, Arkema SA, Amanco, American Ductile Iron Pipe, Ameron International, Arcelor Mittal, Aronkasei, CertainTeed Corporation, ChevronPhilips Chemical, Couplamatic Systems, Eaton Hydraulics Group, Europipe, Evraz Inc NA, Hanson Pipe and Precast Inc, Hobas Pipe, Ipex, KWH Pipe, Lamson & Sessions, National Pipe and Plastics, Nibco, Nippon Steel Corp, Pipelife International, Polypipe Group, REHAU AG + Co, Royal Group Technologies, Stupp Corp, Sumitomo Metal Industries, Tenaris Group, Tessenderlo Group, Uponor, US Steel Corp., Wavin N.V., among others.
The research report titled “Pipes and Pipe/Hose Fittings: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections (in US$ Millions) for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, Rest of Asia-Pacific), Middle East and Latin America. Product segments analyzed include Pipes (Aluminum Pipes, Cast Iron Pipes, Clay Pipes, Concrete Pipes, Polyethylene Pipes, PVC Pipes, Steel Pipes) and Pipe and Hose Fittings (Metal Flanges and Unions, Hydraulic Couplings).
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Global Fragrances and Perfumes Market to Cross US$33 Billion by 2015, According to New Report by Global Industry Analysts, Inc.(0)
Global Fragrances and Perfumes Market to Cross US Billion by 2015, According to New Report by Global Industry Analysts, Inc.
San Jose, California (Vocus/PRWEB) February 21, 2011 — GIA announces the release of a comprehensive global report on Fragrances and Perfumes market. The global market for fragrances and perfumes is forecast to reach over US billion by the year 2015, driven by growing trend towards consumer urbanization, higher spending propensity and heightened importance of personal appearance and grooming. In addition, increased demand for youth-oriented, floral and exotic fragrances and celebrity perfumes will set the pace for rapid market expansion. Although women’s perfumes continue to remain the mainstay and garner maximum sales, the hitherto dark horse, men’s perfumes category is projected to plod ahead at a rapid pace, underpinning today’s metrosexual male’s desire to both look and smell good.
Fragrances, and perfumes today have evolved into a mainstream business in the cosmetics, and personal care industry. From being non-essential and frivolous, fragrances have emerged as essentials, owing to the increasing trend of appearance and personal care becoming part of pride, self reliance, and confidence. No longer considered as an extravagant grooming accessory, Fragrances, and perfumes have metamorphosed into a “feel good” factor, which complements the consumer’s need for expressing individuality, and personal style. The wide range of themes and choices enable consumers to choose fragrances that complement respective personal, and characteristic traits. Economic prosperity in growing markets, together with increased demand for youth-oriented fragrances and celebrity scents that are largely recognized in developed and maturing markets are expected to drive the global fragrance market growth. Dictated by the fickle trends of haute fashion, the world of fragrances and perfumes is beginning to witness the entry of new apparel designers, and pop, music, and movie superstars making a dent on the market. The fragrance industry is primarily consumer driven. Consumers have a unique cultural attitude to “fragrance” and an uncritical concept of possessing a certain kind of identity through wearing fragrance Although a growing market, the global fragrances and perfumes industry does not reflect consistent growth across geographic regions. Fragrances and perfumes in some countries are aspirational purchases, and are influenced by demographic perception of style, luxury and status/prestige. Sales of fragrances, and perfumes are driven by the strength of big name endorsements. Demand for celebrity inspired scents shows no signs of abating, thanks to the increasing number of celebrity fragrances hovering in the market.
Currently on the global radar are low penetration markets such as China, and Japan, where huge untapped opportunities are the focus of large international players. Fine fragrances market is increasingly looking at the teenage segment as a potential growth market. Women’s fragrances continue to dominate the market, with maximum number of product launches and innovations aimed at the fairer sex. The scenario is however set to change with men’s fragrance segment beginning to witness strong growth patterns, as the importance of grooming tops the list of men’s priorities. Typically, the men’s market was confined to the after-shave fragrances, but today the cards are being turned and men’s fragrances for specific occasions are witnessing huge growth, holding the promise of emerging into a mainstay market. Custom fragrance is an emerging segment with significant growth potential. Competition in the custom fragrance market grew intense due to increasing consumer preference for personalization and growing popularity of the Internet.
The global fragrances and perfumes market was not deeply impacted by the global recession, witnessing average sales pattern during the period 2008-09. The market in developed countries were recording average to downright poor sales even before the onset of the economic crisis. As a result, the financial crunch that followed the recession only led to a further worsening of the scenario, as evidenced by retail de-stocking and decline in consumer spending. Europe performed marginally better than North America in terms of sell-through, although manufacturers as well as suppliers suffered due to a decline in inventory by the retailers. However, stable growth in emerging markets of Asia-Pacific, Latin America and Eastern Europe, provided a boost to the global fragrance market. The economic downturn spurred the demand for perfumes that offer nostalgia and comfort such as strong floral scents of violet and rose, which performed particularly well during the period. The niche segments of luxury as well as custom fragrances remained more or less unaffected by the recession and continued to show marginal growth in sales.
Europe represents the largest worldwide market for fragrances and perfumes, as stated by the new research report on Fragrances and Perfumes.European consumers rank among the finest of connoisseurs of fragrances and perfumes. Carrying out their legacy, European companies continue to dominate the global market and produce majority of the world’s most desirable brands. In terms of market potential, the Middle East market is projected to forge ahead at the fastest compounded annual rate of over 5.0% over the analysis period. Several of Middle East’s local favorites such as deep, strong and silky notes of musks, ouds, sandalwoods and ambers, and the exotic, oriental perfumes are already making a comeback in the western market. By segment, Men’s Fragrances and Perfumes is forecast to take market growth to the next level, expanding at a high CAGR of over 2.5% through 2015. In contrast, the traditionally strong Women’s Fragrances and Perfumes segment continues to remain the market favorite, garnering a large share of world market.
The international market for fragrances and perfumes is highly polarized and fragmented, given the extreme faddish fashion trends dictating the market’s fortunes. Key market participants in the report include Avon Products, Inc, Bulgari S.p.A, Chanel SA, Coty, Inc, Elizabeth Arden, Inc, Estee Lauder, Inc, Gucci Group NV, Gianni Versace S.p.A, Liz Claiborne, Inc, L’oreal SA, LVMH Group, Procter & Gamble, Puig Beauty & Fashion Group S.L, Polo Ralph Lauren Corporation and Revlon, Inc.
The research report titled “Fragrances and Perfumes: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, end-user profile, market trends, key industry drivers, demographic trends, product innovations, recent industry activity and profiles of market players worldwide. Analysis and overview is provided for major geographic markets such as US, Canada, Japan, Europe, Asia-Pacific, Latin America and the Middle East & Africa. Market analytics are provided in terms of Value (US$ ) for product segments including Women’s Fragrances and Perfumes, Men’s Fragrances and Perfumes and Unisex Fragrances and Perfumes. The study also provides historic data for an insight into market evolution over the period 2000 through 2006.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Fragrances_and_Perfumes_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc.
, Vocus PRW Holdings, LLC.
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Global Market for Knit Underwear and Nightwear to Reach US$70.85 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.(0)
Global Market for Knit Underwear and Nightwear to Reach US.85 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.
San Jose, CA (Vocus/PRWEB) February 15, 2011 The intimate apparel market is driven mainly by style, and fashion with equal importance accorded to comfort, and novelty. The industry is marked by new fabric developments, and innovations in prettier, and more comfortable garment designs. The growing trend towards innerwear worn as outerwear has been richly beneficial to the lingerie market. The introduction of camisoles in trendy colors and T-shirts with built-in bras bear testimony to these trends. The market nevertheless is confronted with a mixed bag of opportunities and challenges. For instance, fierce competition has resulted in falling prices and a threatening shift of production to low-cost countries. In developed countries, aging population is pushing down growth opportunities. On the other hand, developing regions, hold immense potential for future growth, given their favorable demographics, rising standards of living, growing affluence and widespread adoption of Western lifestyles. Manufacturers are therefore fast expanding their business operations into South America, Central Europe and Asia. The lingerie market is in a state of transition, as both global brands and private-labels are re-assessing their respective market positions. Consumers in this segment generally tend to purchase more than necessary. Impulse purchases are rampant, and purchase decisions are typically based on feel-good factors, instincts, style and fitting rather than sheer necessity.
Ever changing consumer lifestyles, latest trends in fashion and style and innovations in fabric usage are the major factors driving the market for knit underwear and nightwear. Product markets expected to score the maximum gains in the upcoming years include seamless intimates such as seamless bras and panties, given consumer’s desire for seamless and imperceptible undergarments. Demand for plus-size inner wear is rapidly expanding in Western markets. Stores now offer suitable lingerie to customers who earlier depended on specialists for customized innerwear clothing.
Akin to several other industries, the global economic crisis affected the world market for knit underwear and nightwear during the years 2008 and 2009. Mature, developed market of North America, Europe and Japan bore the maximum brunt of the economic instability, with sales slipping during the period. In contrast, the developing economies brushed past with marginal losses in sales. Surprisingly, the children’s wear market witnessed the largest erosion in 2009 followed by the men’s wear, with the market largely remaining afloat due to optimistic outlook in women’s wear clothing. Nevertheless on the whole, the niche underwear and sleepwear market was more resilient to the economic crisis than the larger clothing industry and rebounded back on growth track by the year 2010, although at a slow rate of growth. Some of the notable changes the industry witnessed during the recessionary years included the influx of several retailers rendering the market more fragmented; market polarization of the luxury segment and increased popularity of the concepts ‘exact fit’ and value-for-money. The economic crisis considerably narrowed down the gap between the upper and lower end of the market as style differentiation almost vanished.
Europe dominates as the single largest regional market for knit underwear and nightwear, as stated by the new research report on Knit Underwear and Nightwear. The US and Asia-Pacific are the other two significant markets, trailing at a distance behind Europe. The three markets capturing a considerable share of the global market, literally set the rules and market direction. The Asia-Pacific market remained buoyant even during the economic recession, and supported by rapid growth from markets of China, India, Korea, Indonesia and Taiwan among others, is projected to register the overall fastest CAGR through 2015. By product segment, the global women’s knit underwear and nightwear market is considered the most vibrant and dynamic, carrying the growth ahead even when sales in other segments plummeted. In the near term too, the segment is forecast to sail ahead at the fastest compounded annual rate through 2015.
The global Knit Underwear and Nightwear market is highly competitive and fragmented, with no single dominant player in the market for any national or worldwide brand. The market is characterized by the presence of numerous large and medium players vying fiercely for a share of the pie. Private label players also enjoy considerable clout in the market. Key participants profiled in the report include Benetton Group S.p.A, Bella Di Notte S.L, Berkshire Hathaway, Fruit of the Loom Inc., Cia Hering, Calvin Klein Inc., Delta Galil Industries Ltd, Donna Karan International Inc, Gunze Ltd, Jockey International Inc., Joe Boxer, Maidenform Brands Inc, The Bali Company, Triumph International, Tefron Ltd, Warnaco Group Inc, Wacoal Holdings Corp, and Wacoal America Inc, among others.
The research report titled “Knit Underwear and Nightwear: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of current market trends, product profile, overview of apparel industry, intimate apparel dynamics, product innovations, recent industry activity and profiles of market players worldwide. Analysis and overview is provided for major geographic markets such as United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain and Rest of Europe), Asia-Pacific, Latin America and Rest of World. Market analytics are provided in value (US$ ) terms for product segments including Women’s Knit Underwear and Nightwear, Men’s Knit Underwear and Nightwear, and Children’s Knit Underwear and Nightwear.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Knit_Underwear_And_Nightwear_Market_Report.asp
About Global Industry Analysts, Inc.
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, Vocus PRW Holdings, LLC.
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