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Asia Pacific Presents Lucrative Opportunities for Soil Compaction Machines Market

2019-04-26 18:02:15 | Business
Soil compaction remains primarily vital to enhance the surface and subsurface finish to attain superlative surface smoothness, more emphatically applicable for high traffic roads which are vulnerable to excessive wear on heavy use. Comprising of light and heavy equipment, soil compaction machines market  is likely to witness stupendous growth on the back of lucrative road infrastructure projects across the globe, more aggressively across emerging countries such as India. The country boasts of one of the largest road network globally with total 5.5 million km, equipped to support heavy passenger as well as goods traffic. Some favorable government initiatives in road transport infrastructure includes projects worth Rs. two Bn aiming to transform connectivity across MP, Rajasthan, Maharashtra and Diu. Additionally, road projects spanning over 34,800 km have also been proposed under Bharatmala Pariyojana. Such ambitious road projects are likely to further necessitate adoption of high end soil compaction machines.

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Owing to alarming needs for superlative road infrastructure on the back of automotive traffic and growing population, the competitive landscape of soil compaction machines market is majorly consolidated and is massively influenced by big ticket market participants who relentlessly invest in technology development to sustain competitive advantage. Integration of telematics devices in connected vehicles is a dominant trend which is poised to diversify contemporary soil compaction machines. In a recent development, India's leading soil compaction machine provider, JCB India has upgraded its product range with the launch of JCB116 soil compactor machine to enable efficient operations. Integrated with Compaction Monitoring System (CMS) and Livelink Technology, this marvel allows real time data monitoring, pushing the limits of telematics connectivity. The pioneering soil compaction machine is like to entail flourishing growth in the forthcoming years.

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Inclusion of telematics is majorly influenced by consumer preferences for connected vehicles, coupled with stringency in government mandates to ensure hassle-free preventive maintenance to significantly reduce maintenance and operational costs. With active focus on urbanization and transport infrastructure development, developing economies across APAC are likely to supplement tangible growth in soil compaction machines market.

Soil compaction machines market: Overview

The soil compaction machines market has been analyzed in detail to offer definitive forecast insights on the market for the period 2018-28. This report is an exhaustive compilation of a detailed overview of soil compaction machines market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth.

The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of soil compaction machines market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors. The report also entails a country-wise assessment and forecast estimations for soil compaction machines market.

Soil compaction machines market: Competition Landscape

This section of the report offers a detailed section on key contributors in soil compaction machines market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis has been compiled to aid readers’ comprehension.

Athletic Footwear Market: Soaring Demand Assures Motivated Revenue Share during 2017-2022

2019-04-26 17:57:47 | Business
Athletic footwear are used on a large scale by athletes. The global athletic footwear market is influenced by several aspects which have a direct influence on its growth. The rising participation of young population in sports, fitness activities is one of the major reasons which is pushing the growth of athletic footwear market. The rise in the disposable income is also growing owing to higher income scales. Coupled with this aspect, the increasing awareness about healthy lifestyle is pushing the growth of the global athletic footwear market. The demand for innovative and comfortable footwear as well as increasing e-commerce retail sector is driving the growth of the global athletic footwear market.

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Innovations which have led to increased functionality, use of material which reduce the overall weight of the footwear and quick availability are few of the aspects which have a greater impact on the athletic footwear market in a positive way. Europe region is expected to show higher attractiveness in the athletic footwear market.

Footwear is a garment worn on feet for protection from external agents while performing outdoor activities. Athletic footwear refers to the product worn by athletes which have similar function of foot care along with higher additional functionality according to the sport they are designed for. Athletic footwear thus provide better protection, easy movement control, mid-foot support as well as heel stabilization and cushioning.

According to Fact.MR’s research report on the athletic footwear market, the market is anticipated to reach a value of more than US$ 83 Bn by 2022 reflecting a moderate CAGR during the period 2017-2022.

Running Shoes and Backpacking Shoes Show Cut Throat Competition

Running shoes are expected to show the highest share in athletic footwear market, with 16.4% in 2017, thereby dominating the global athletic footwear market by product type. Backpacking Shoes depicts a similar share in athletic footwear market, but has a higher growth rate through 2022.

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Specialty Boots Segment Poised to Reflect High Pace

The specialty boots sales will grow at the highest rate in athletic footwear market. It is poised to register a robust CAGR of 5.8 % through 2022. However, this segment shows a lower share, almost half the share of athletic footwear market compared to the running shoes.

Specialty Stores Segment show High Potential; Sport Stores show Dominance

Specialty stores segment by distribution channel is expected to show higher growth rate in athletic footwear market during 2017 to 2022. It is poised to register a CAGR of 5% throughout the period, but has a comparatively less share in athletic footwear market. It is expected to gain high BPS by the end of 2022. Sport stores show dominance over the athletic footwear market as they reflect the highest share in athletic footwear market by value and this trend is poised to continue over the period of forecast. As far as market shares are concerned, there is a tough call between sport stores segment and hypermarket/supermarket segment as both have a similar shares in athletic footwear market, sport stores segment having the upper hand.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the athletic footwear market through 2022, which include ASICS Corporation, New Balance INC., Skechers, INC., VF Corporation, Deckers Outdoor Corporation, Wolverine World Wide, Inc., Amer Sports Corporation, NIKE Inc., Adidas AG, PUMA SE and K-Swiss INC.

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Crawler Cranes Market: Lucrative Opportunities in APAC to Retain Growth Agility

2019-04-26 17:54:43 | Business
Crawler cranes clearly sustain ample competitive advantage over other similar offerings, owing to their diverse features such as higher capacity, jib combinations, and longer boom that offer flexible mobility with advantageous undercarriage designs, making it ideal for compact places with high space constraints. Enormous applications across power plant construction and heavy lifting tasks necessitate adoption of crawler cranes in construction areas. Soaring opportunities in infrastructure development projects entailing roads, railways, and bridges owing to its high load bearing capabilities are poised to unleash novel growth avenues in crawler cranes market.

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The competition spectrum of crawler cranes resembles consolidated landscape with several big ticket players dominating the market. Ample resource allocation towards portfolio diversification besides investing in inorganic strategies such as acquisitions and mergers have remained tactical business decisions undertaken by key vendors. Additionally, geographical expansion across emerging economies such as APAC tops the list. To cite an instance, Zoomlion Hheavy Industry Science and Technology Co Ltd. recently bagged a contract to provide crawler cranes for an upcoming expressway in Djakarta. Additionaly, Liebherr International AG is also envisioned to expand its presence in India with facility expansion to provide competent high value crawler cranes, aiming to aid construction infrastructure in the region.

To mitigate persistent challenges such as lack of skilled labor which results in low efficiency and time consumption, adoption of advanced technologies such as VR is likely to become a dominant trend in crawler cranes market, allowing 3D viewing and real-time data generation. Factors as such are likley to bolster high values growth in crawler cranes market.

Crawler Cranes Market: Overview

The crawler cranes market has been analyzed in detail to offer definitive forecast insights on the market for the period 2018-28. This report is an exhaustive compilation of a detailed overview of crawler cranes market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

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The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of crawler cranes market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors. The report also entails a country-wise assessment and forecast estimations for crawler cranes market.

Detailed overview of crawler cranes market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures. Voluminous information recorded in the report with the aid of these research approaches have been meticulously validated by in-house research analysts.

Crawler Cranes Market: Competition Landscape

This section of the report offers a detailed section on key contributors in crawler cranes market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

The report allows readers to maneuver competitive and tactical business strategies based on aforementioned insights and ensure sustained revenue pools in crawler cranes market.

Cross Country Ski Equipment Market to Showcase Vigorous Demand during the Period until 2022

2019-04-26 17:52:02 | Business
Cross country skiing has morphed into an intoxicating sport owing to the technical and physical skills involved in the sport. Cross country skiing scales are relatively affordable and less crowded, which in turn is increasing the popularity of the sport. Being more of an aerobic sport, low-intensity cross country skiing is more-or-less similar to jogging, which implies several health benefits. On the back of the provision of physical activity, and enjoyment associated with cross country skiing, demand for the related equipment is witnessing a significant surge.

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A number of factors are considered while purchasing cross country ski equipment such as performance, and endorsement of a particular equipment by a professional skier or a celebrity. Cross country ski equipment have changed significantly since the time of three-pin bindings, bamboo poles, and knickers. Equipment available in the market currently are flashy, sleek, and geared to skiers of all sizes, shapes, and competitive bents. Although manufacturers of cross country ski equipment have incorporated new technology and lighter materials into their products, basic equipment requirement of skiers have not changed much since inception of the activity.

A new study published by Fact.MR has estimated the global cross country ski equipment market to exhibit a steady expansion through the forecast period 2017 to 2022. The global market for cross country ski equipment is poised to account for over US$ 50 Mn revenues by 2022-end.

Premium Cross Country Ski Equipment to Remain Sought-After among Individuals

Although premium cross country ski equipment are expected to remain sought-after among individuals, sales of mid-range cross country ski equipment will exhibit the highest CAGR in the market through 2022, based on price range. Over one-fourth share of the market will be accounted by premium cross country ski equipment through 2022.

Specialty stores will remain the most attractive distribution channel for cross country ski equipment across the globe, accounting for more than one-third revenue share of the market during 2017 to 2022. Franchise stores will continue to be the second largest distribution channel for cross country ski equipment.

Race and performance classic skis are expected to bring in nearly US$ 8 Mn revenues by 2022-end. This product type segment will remain the most lucrative during the forecast period. Sales of metal-edge touring skis are expected to register the fastest expansion in the market through 2022.

North America is estimated to remain dominant in the global cross country ski equipment market, expanding at 4.6% CAGR through 2022. Sales of cross country ski equipment in North America will reach nearly US$ 16 Mn in revenues by 2022-end.

Competition Tracking

Key players listed in Fact.MR’s report include Amer Sports Corporation, Fischer Sports GmbH, Kneissl Tirol GmbH, Newell Brands Inc., Black Diamond, Inc., Skis Rossignol SAS, Head NV, and Nordica S.p.A.

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Ice Skating Equipment Market: Precise Scenario Covering Trends, Opportunities and Growth

2019-04-26 17:46:51 | Business
Ice skating is an act wherein one can move on ice with the help of ice skates. Ice skating is done for various purposes such as thrill and leisure. Ice skating equipment is used in ice skating sports which includes various types of skates, different blades, clothing etc. Safety precautions such as helmets and appropriate clothing are recommended in order to avoid hazards.

According to Fact.MR’s research report on the global ice skating equipment market, the market is anticipated to reach a value of more than US$ 975 Mn by 2022 reflecting a steady CAGR during the forecasted period of 2017-2022.

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Ice skating is observed in many snow clad regions worldwide. It is done for various reasons such as exercise, leisure, thrill etc. Ice skating can take place both on specially prepared ice surfaces or arenas as well as on naturally present bodies of frozen water. The global ice skating equipment market is influenced by several factors such as presence of waterless ice skating rinks, increasing number of population opting ice skating as a sport of thrill and leisure, growing disposable income in both developed and emerging economies, increasing ice skating sports, increasing technological developments due to which innovations are possible in ice skating equipment and increasing eco-friendly skating rinks. Also, artificial arenas have been developed for ice skating for people who are at long distances from natural ice clad regions.  All these aspects trigger the demand of the ice skating equipment consequently driving the growth of the global ice skating equipment market. North America region is expected to be the most lucrative region for ice skating equipment market.

Modern Sales Channel Continue to Account for the Highest Sales

Sales of ice skating equipment continue to remain robust through modern trade channels. In addition to modern sales channel, demand is also growing through third party online channels. It is likely that modern trade will continue to be the most prominent sales channel throughout the assessment period, whereas sales are anticipated to grow at a brisk pace through the online channel.

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North America and Europe – Two Largest Markets for Ice Skating Equipment

North America region is expected to show higher market attractiveness index and is considered to be the most lucrative market. This region is expected to dominate the global ice skating equipment market in terms of revenue share and is expected to grow at a steady growth rate. In addition to North America, Europe is also anticipated to offer steady growth opportunities to manufacturers during the assessment period.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global ice skating equipment market through 2022, which include Decathlon S.A., Bauer Hockey, Inc., Easton Hockey, Inc., Tournament Sports Marketing Inc., Reebok-CCM Hockey, Inc., Roces Srl, Graf Skates AG, MIZUNO Corporation, Tecnica Group S.p.A. Kimlinan Sports Products Co., Ltd.

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