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Badminton Shoes Market: Men Will Continue to Spend More on Badminton Shoes than Women

2019-05-24 17:40:38 | Business
The Fact.MR research study sheds light on untapped potential in the badminton shoes market from 2018 to 2028. As per the Fact.MR report, the badminton shoes market is estimated to witness growth at a value CAGR of over 8% during the assessment period.

As per the Fact.MR study, East Asia will continue to be a highly lucrative market for badminton shoes, with sales estimated to surpass 32,400 thousand units in 2019. The demand for badminton shoes will remain highly concentrated across flourishing economies of East Asia, mostly China, Japan, South Korea, and others, wherein the burgeoning middle class demographic will continue to create revenue-making potential for the manufacturers.

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With badminton shoes market being a fairly competitive landscape, market players are centering on product innovations to drive profitability. One of such innovation types being focused on by manufacturers of badminton shoes is incremental innovation, as it entails minimum risk and offers impressive outcomes.

As per the incremental innovation paradigm, manufacturers are introducing a series of improvements or upgrades in their core competencies or existing product lines. For instance, apart from the regular rubber and non-marking soles, manufacturers are offering advanced non-marking soles with hexagon grip that will help the footwear make firm connection with the ground. In addition, manufacturers are also making use of advanced mesh technologies and integrating the same in badminton shoes, which provide improved flexibility and breathability to the players.

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In Brief

  • Badminton shoes market exhibited growth at an impressive CAGR of over 7% from 2013 to 2017. This growth can be ascribed to the fact that badminton ranks among the most popular sports in the world by participation.

  • Global demand for badminton shoes is likely to reach new heights and exceed US$ 2,800 Mn in 2019, owing to ever-increasing popularity of racquet sports, including badminton.

  • Demand for badminton shoes with rubber soles will continue to outgrow other types, with global demand estimated to exceed US$ 1,900 Mn in 2019.

  • East Asia will continue to be the leading market for badminton shoes, with China spearheading demand. Asians actively pursuing badminton as a recreational sport, hobby, or profession is fuelling the growth of this regional market.


Key Challenges for Growth of Badminton Shoes Market

  • The badminton shoes market has witnessed a sudden advent of regional manufacturers, who develop counterfeit products with logos of well-established brands and sell them for cheaper prices. This, in turn, is making badminton shoes market an unorganized landscape, wherein the leading players are facing stiff competition from these regional manufacturers and their counterfeit products.

  • Though professional badminton players seek sport-specific accessories for better results, badminton enthusiasts and beginners pursuing the sport for mere recreation are less likely to spend on badminton- specific footwear and might settle with general purpose sports shoes. This, in turn, is foreseen to continue as a key barrier to adoption of badminton shoes.


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Retractable Awnings Market: Fabrics Recognized as Better Material Choice From Durability Standpoint

2019-05-24 17:19:16 | Business
The retractable awnings market is anticipated to witness emergence of several trends that are expected to shape the supply and demand picture of retractable awnings across countries worldwide. A recent intelligence research report by Fact.MR puts forth some of the key trends that are expected to sketch the future of the retractable awnings market, thereby portraying significant growth opportunities in way of participants involved in the manufacturing of retractable awnings.

Fact.MR has revealed key growth prospects of the retractable awnings market along with opportunity analysis and projections with respect to demand and supply scenario of retractable awnings. According to the report, the retractable awning market is projected to expand at a robust CAGR of 6.7% with respect to value throughout the period of forecast, 2018-2028, during which the demand for retractable awnings is expected to reach its peak in terms of sales volume.

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The retractable awnings market study provides lucid market intelligence on the key revenue growth, industry opportunities drivers, challenges as well as industry trends that will impact the growth trajectory of the retractable awnings market in the long run. An overview of the retractable awnings – in light of the current global consumer goods industry scenario – reveals interesting facets related to the adoption of retractable awnings across key regional markets worldwide.

Retractable Awnings Market: Fabrics Recognized as a Better Material Choice From a Durability Standpoint

Fabric as a material for retractable awnings as gained widespread attention, given its enhanced UV filtering efficiency coupled with better durability. Knowing this factor, companies involved in the manufacturing of retractable awnings are focusing on introducing retractable awnings with advanced material that reflect high durability and effectiveness. Fabrics with no-fade qualities and self cleansing technology have been developed. With increasing preference for texture and depth of the fabric, manufactures of retractable awnings have come up with a woven combination of standard sized yarn and slightly thick slub yarn in order to promote high fabric depth while maintaining stability and enhancing water resistance. This is expected to push the demand for fabric as a superior material for retractable awnings during the period of forecast.

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Retractable Awnings Market: Commercial Sector to Awn More

Momentous growth in the commercial sector, particularly in eateries and retail locations has had a profound impact on the adoption of retractable awnings since the past few years. According to National Restaurant Association, 2017 witnessed a 4.3 percent increase in restaurant sales over 2016, which touched around US$ 800 billion in the year, and is expected to further increase in the forthcoming period, given the increasing consumer spending on dining out over the past few years. That said, the demand for retractable awnings, as part-luxury and part-operational lucrativeness, has been increasing consequently supporting the growth of the retractable awnings market during the period of forecast.

Bagless Vacuum Cleaner Market: High Initial Cost Confining Sales

2019-05-24 17:14:11 | Business
A new study by Fact.MR has revealed the growth prospects and provided an opportunistic scenario for bagless vacuum cleaner market at the global front. The report forecasts that the bagless vacuum cleaner market is projected to rise at a steady CAGR of 4.7% throughout the period of assessment, 2018-2028. In addition, it reveals that the demand for bagless vacuum cleaners in emerging economies of Asia Pacific excluding Japan (APEJ) region is anticipated to spur at a significant rate, making APEJ a highly attractive market for bagless vacuum cleaners with their sales concentrated in the APEJ revenue pockets such as China and India.

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Bagless Vacuum Cleaner Market: Canisters Have a Clear Advantage, Upright Bagless Vacuum Cleaners Witness Slack

Bagless vacuum cleaner market has witnessed a shift from traditional upright bagless vacuum cleaners to their canister counterparts. In the past, upright bagless vacuum cleaners dominated the bagless vacuum cleaner market as they were the most preferred choice for cleaning mattresses and carpets. However, manufacturers, understanding the cons of upright bagless vacuum cleaners such as increased noise and heavy design that compromises efficiency, have developed canister bagless vacuum cleaners that are more powerful than their upright equivalents, with a lighter design hence easy to maneuver, more silent and come with variety of tools such as crevice nozzle, mechanized brush and upholstery brush to enhance their cleaning efficiency, particularly for thick carpets and rugs.

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Driven by incessantly worsening traffic congestion issue in urban areas, consistently boosting consumer preference for the more convenient and flexible automotive transmission systems such as automatic, automated, dual clutch, and continuously variable – is extending strong support to these research findings. The global market for automotive transmission system will thus witness steadily thriving demand for automatic automotive transmission system; however, the revenue generation through manual automotive transmission system sales will continue to represent the maximum share in the global market for automotive transmission system through 2022.

Extensive Methodology of Research to Draw Precise Inferences of the Bagless Vacuum Cleaner Market Fact.MR leverages a one-of-its-kind research methodology to arrive at key assessments and projections of the bagless vacuum cleaner market. Weighted secondary research is used to assess and study different facets of the bagless vacuum cleaner market and the key market dynamics are inferred based on these aspects. When deducing various metrics such as growth in terms of CAGR, market share and value with respect to US$ Million, volume in terms of absolute units, and an yearon-year growth, various forces influencing the bagless vacuum cleaner market are taken into consideration.

Bagless Vacuum Cleaner Market: High Initial Cost Confining Sales

With technological advancement favoring convenience and efficiency, comes the pricing aspect that can have an impeding effect on the product’s sales as customer’s purchasing power influences reluctance. Albeit several steps ahead of traditional counterparts, bagless vacuum cleaners come at high initial price. This is expected to inhibit the growth of the bagless vacuum cleaner market by confining sales of the product to a limited class of users. By far, high pricing remains a key growth deterrent for the bagless vacuum cleaners market worldwide.


APEJ Continues to Develop a Hotbed of Opportunities for Automotive Transmission System Market

2019-05-24 16:59:19 | Business
In a new study presented by Fact.MR, the global automotive transmission system market has been thoroughly analyzed between 2017 and 2022, with an aim to provide the most actionable insights on the futuristic scenario of automotive transmission system market, to established as well as newly entering players in the global automotive transmission system marketplace. The report throws light on all the key aspects associated with the growth of automotive transmission system market over 2017-2022, with emphasizing the analysis of the factors that are expected to pose the most significant impact on the performance of automotive transmission system market over the assessment period. FACT.MR’s report on the global automotive transmission system market has been prepared with an objective to empower automotive transmission system manufacturers with unbiased, accurate insights on the market to strategize their development in the long run.

Automotive transmission system is a uniquely amalgamated assembly of diverse components such as gears, shafts, wheels, clutch, and gearbox amongst others which collectively transmit optimum power for seamless engine operations. Available in dual formats of manually operated transmission system and automatic transmission, automotive transmission systems remain the core of vehicles. In the light of appalling vehicle ownership round the globe, demands for automotive transmission system is anticipated to remain robust. Additionally, string of diverse technological leaps and innovations matching electrical cars, are likely to further reinforce onward growth trend in forthcoming years.

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On the back of massive automotive ownership in emerging economies such as Asia-Pacific region, growth prospects remain favorable for automotive transmission system market. Factors such as judicious pricing brackets for raw materials as well as access to cheap labor continue to accelerate growth scope for fast expanding automotive industry. Further, manual automotive transmission systems withhold a stronger appeal as opposed to its automatic counterpart, precisely backed by its high fuel efficiency as well as cost effectiveness.

Light weight vehicles are poised to become the new standard of vehicles. To curb carbon footprint adoption of fuel efficient, lightweight vehicles have gained substantial edge. Vendors in automotive transmission system market therefore are integrating resources to offer refurbished products with significant weight reduction. These ongoing advances are syncing well with emerging electrical vehicles that are likely to redefine automobile industry in the near future.

Automotive Transmission System Market: Overview

The automotive transmission system market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of automotive transmission system 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 automotive transmission system market to offer veritable insights on segments’ historical and future growth estimations.

Detailed overview of automotive transmission system 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.

Automotive Transmission System Market: Competition Landscape



In the wake of escalating demand for high speed automotive transmission system, several leading manufacturers in the global automotive transmission system landscape are investing in R&D of new technological models. Fact.MR provides exhaustive insights on the competitive landscape of the global automotive transmission system market that includes the key company profiles, their market shares, brand positions at a global level, and recent developmental strategies. Some of the companies covered in the automotive transmission system market report are Aisin Seiki Co., Ltd., Renault SA, Continental AG, Magna International Inc., Eaton Corporation PLC, and Hyundai Motor Company.



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

Automotive Radar Market: Next-gen Smart Radar Architecture Marks a Milestone Innovation

2019-05-24 16:48:40 | Business
The global automotive radar market holds impressive growth prospects in the foreseeable future and the roughly US$ 2 Bn automotive radar market revenue is predicted to reach the value beyond US$ 7 Bn over 2017-2022. Prominently driven by automotive and automotive radar manufacturers to adopt technology innovations for greater road safety, the global market for automotive radar is expected to gain a major boost by several initiatives by governments across the globe. The report examines the global automotive radar market within a five-year projection period 2017-2022, with an objective to deliver a set of precise yet exhaustive insights on the current as well as futuristic performance of the global automotive radar space.

Automotive industry is in the cusp of enormous technological transformation with growing emphasis on connected automobile system. With the advent of IoT, automobile vendors are embracing sophisticated technologies for innovations in future-ready automobile solutions. Safe and hassle free driving remains amply important, therefore modern vehicles are equipped with advanced solutions such as Advanced Driver Assistance Systems (ADAS) to ensure safe and comfortable drives. Soaring number of road accidents continue to remain persistent challenge, to offset which automated driving solutions have attained significant adoption in recent years.

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Emergence of such advanced driving systems has augmented adoption of advanced automotive radars that remain highly significant in object detection. Emergence of driverless vehicles further reinforce greater adoption. Need for safe driving has been increasingly promoted by governments across the globe. Surged number of road accidents often resulting in fatality have paved way for stringent government regulations, necessitating adoption of automotive radar technology. On the back of stringent regulatory framework, Europe is anticipated to remain at the fore in terms of maximum adoption of automotive radar technology, thereby stimulating ample market growth.

Amidst surged demands, leading market vendors are increasingly banking upon strategic coalitions, mergers, buy-outs, and acquisitions to remain at the fore. Need for sophisticated, new technological innovations remain crucial amongst players. Besides technological innovations comprising mid-level automotive applications, leading players are also diversifying product portfolio with the development of short-range, high resolution radar for driverless vehicles. Developments as such are expected to keep the growth pace optimistic in the coming years.

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Automotive Radar Market: Overview

The automotive radar market has been analyzed in detail to offer definitive forecast insights on the market for the period 2018-27. This report is an exhaustive compilation of a detailed overview of automotive radar 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.

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 automotive radar 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 automotive radar market.

Automotive Radar Market: Competition Landscape

This section of the report offers a detailed section on key contributors in automotive radar 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.

Delphi Automotive PLC, Continental AG, Infineon Technologies AG, Robert Bosch GmbH, Analog Devices, Inc, Denso Corporation, NXP Semiconductors N.V., Hella KGaA Hueck & Co., Texas Instruments, Inc., ZF Friedrichshafen AG, and Autoliv, Inc. constitute some of the top ranking participants in the global competitive landscape of automotive radar market.