Hoverboard Market Investment Opportunities in Competitive Environment

 According to the recent study conducted by Fact.MR, the global hoverboard market will surpass a valuation of US$ 1,700 Mn. The demand for hoverboards has gained traction owing to its increasing affordability. Manufacturers are trying to make the product accessible to a wide pool of consumers, which has led to the availability of hoverboards at a lower-price range.  The rising trend of using new-age electronic devices and increasing reliance on mobility equipment is fueling the demand for hoverboard in developed markets.

Global Hoverboard Market – Key Insights

Among regions, the market in Asia-Pacific excluding Japan (APEJ) is expected to present lucrative growth opportunities for players during the forecast period. China remain one of the largest producers of cost-effective electric vehicles including hoverboards. Manufacturing of single and double wheeled hoverboards is expected further escalate in China over the next few years. This, in turn, is projected to support the growth of the hoverboard market in the region over 2022.

Manufacturers of hoverboards are concentrating on enhancing technology, ergonomics, and range. Moreover, some of the latest hoverboards come with added features such as Bluetooth, Wi-Fi connectivity and wireless charging. Such features in hoverboard are luring more buyers. On the other hand, various instances of technological failure, and malfunctioning continues dampen the surging spirit of the global market for hoverboard. In many countries, government authorities have enforced strict safety regulation of hoverboard manufacturing. Low power capacity and extensive charging time remain few of the other technological limitation of the product.

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Based on product type, demand for double wheeled hoverboads is expected to remain strong throughout the assessment period. Global sales of double wheeled hoveboard currently command for over 80% share of the market in terms of revenue. Superior design and more convenience of riding makes double wheeled hoverboads more preferred among consumers. 

By wheel size, consumer preference for hoverboards with 6.5 inch wheel size will remain strong in 2017 and beyond. Currently, sale of hoverboards with 6.5 inch wheel sizes more one-third revenue share of the market. Over 1,070 Mn units of hoverboards with 6.5 inch wheel size is expected to be shipped globally towards the end of 2022.

On the basis of application, the recreational activities application segment will retain its top position over 2022. In terms of revenue, the segment presently account for over 70% market share. Between 2017 and 2022, the recreational activities segment is set to reflect a robust CAGR of 6.5%, and surpass a market valuation in excess of US$ 1,300 Mn.

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Competition Tracking

Some of prominent companies functioning in the global market for hoverboard include Ninebot Inc., Razor USA, LLC, EPIKGO, Skque Products, Megawheels, Genesis, Shenzhen Rooder Technology Co., Ltd., Airwheel Technology Holding ( USA ) Co., Ltd., HaloBoard, Segway Inc., TOMOLOO Technology Industrial Co., Ltd., SURFUS, Shenzhen Uwheel Technology Co., Ltd., Hangzhou Chic Intelligent Technology Co., Ltd., and Shenzhen JIALIKE Electronic Company Ltd.

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Life Jacket Market Detailed Analysis and Growth Prospects with Top Key Players

 Considering the rising importance of player safety in sporting events, particularly in watersports, the demand for protection gear such as life jackets is gaining momentum. Over the years, life jackets have emerged to become a prerequisite in majority of watersport categories such as kayaking or river rafting. A recently-published report by Fact.MR reveals that the global life jackets market will soar at a moderately steady pace, reaching a value of more than US$ 2,500 Mn by the end of forecast period, 2017-2022.

Highlights of the Forecast Study

Increasing participation of European sportsmen in global watersports events is observed to among key factors driving the sales of life jackets across this region. In addition to this, higher proximity to some of the world’s safest beaches and water bodies has made life jackets a key maritime commodity across Europe. By the end of 2022, Europe will emerge as the largest market for life jackets in the world, contributing to more than US$ 770 Mn in revenues.

Demand for life jackets in the Asia-Pacific excluding Japan (APEJ) region is also expected to gain traction. Against this backdrop, the APEJ life jacket market will also witness promising growth owing to higher proclivity of life jacket manufacturers towards setting up production units in countries such as China, South Korea and India, among others. The densely-populated APEJ region also facilitates a large consumer base for life jackets, revenues from which are expected to account for more than one-fourth share in the global life jacket market through 2022.

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North America’s life jacket market, on the other hand, is expected to witness a moderately steady growth at 4.4% CAGR during the forecast period.

Lightweight life jackets are emerging as sought-after products, but manufacturers are compelled to retain the effectiveness of these jackets while trimming their weights. In 2017, inherent life jackets weighing between 15.5-22 lbs will account for around one-fifth share of global revenues. Likewise, 7-15.5 lbs inherent life jackets will also witness a similar share on global market revenues through 2022.

Watersports will be among the most attractive end-use segments in the global market for life jackets. Between 2017 and 2022, life jackets sold for their use in water sports will rake an incremental opportunity of nearly US$ 150 Mn.

A majority of life jackets manufactured in the world are currently being made from foam materials. However, environmental risks of procuring foam polymers and their non-biodegradable nature will limit their use in the future. Towards the end of the forecast period, global revenue share accounted by sales of life jacket made from foam materials will witness a considerable decline.

The report also projects sports stores and departmental stores as two lucrative distribution channels for life jackets, revenues from which will account for around half of global market value throughout the forecast period.

The report has also profiled companies such as Stormy Lifejackets Pty Ltd., Jarden Corp., Mustang Survival Corp., Kent Sporting Goods Company, Inc., Johnson Outdoors Inc., Hansen Protection AS, Viking Life-Saving Equipment A/S, Safety and Survival Systems International Ltd., and Survitec Group Limited as key players in the global life jacket market

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative

intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Robotic End of Arm Tools (EOAT) Market Emerging Trends may Make Driving Growth Volatile

Fact.MR has recently published a fresh report titled “Robotic End of Arm Tools Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028”, to its broad online database which exhaustively discusses the development expected across the robotics end arm tools (EOAT) market. Presently, robotic end of arm tools (EOAT) are being heavily deployed for providing specific functionalities to robots and further accommodating multiple processes. This study functions as a resourceful data source for readers who wish to receive in-depth knowledge about imperative market factors like opportunity analysis, end user analysis, growth drivers, impact analysis, market challenges and a lot more.

According to this Fact.MR report, global sales of robotic end of arm tools (EOAT) are estimated to surpass US$ 2,000 Mn in 2019, from a previous mark of US$ 1, 900.3 Mn in 2018. This prominent rise in sales can be accredited to the swelling demand of industrial ecosystems for high productivity through industrial robotics. This is a comprehensive approach which has been presented to analyze growth across the robotic end of arm tools (EOAT) market during the slated assessment period of 2018 to 2028. The primary research stays grounded to constructive discussions with industry personnel along with data gather from prominent stakeholders active in the robotic end of arm tools (EOAT) market, including manufacturers, suppliers and distributors. On the other hand, the secondary research involves study of authentic documents such as company press releases, investor presentations, magazines & articles, paid databases, and others.

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Demand for Grippers Set to Provoke Market Growth

Based on this high-end study, grippers retain their spot as the top-selling robotic end of arm tools (EOAT). The global demand for grippers is estimated to surpass US$ 1,140 Mn in 2019. Furthermore, the demand for different types of grippers like jaw grippers, magnetic grippers, niddle grippers, bellows grippers, and others, fluctuates as per the target application and related specifications. Interestingly, growing demand for grippers majorly attributed to the high significance of ‘pick and place’ applications connected to the automation space.

APEJ to Remain the Largest Market for Robotic End of Arm Tools (EOAT)

The APEJ region is expected to emerge with lucrative opportunities for manufacturers in the robotic end of arm tools (EOAT) market. This is primarily driven by end-use industries in APEJ which aim to lead the ‘Industry 4.0’ trend. Hence, this is creating unexploited potential for the manufacturers in the target market to secure sizeable profits.

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Competitive Landscape

As the report comes to a shutdown, readers can acquire crucial data associated to the competitive scenario prevailing in the robotic end of arm tools (EOAT) market. This study carefully mentions the leading players operating in the concerned market, including ABB Ltd., Bastian Solutions LLC, J.H. Benedict Co. Inc., DESTACO, ASS End of Arm Tools, Inc., Festo AG & Co. KG, FIPA Gmbh, SCHUNK GmbH & Co. KG, OnRobot A/S, EMI Corporation, Soft Robotics Inc., IPR - Intelligente Peripherien fuer Roboter GmbH and others. The report highlights strategic collaborations and product launches managed by these players, together with their participation in exhibitions and conferences for demonstrating new product launches.

More Industrial Goods Market Reports from Fact.MR

Fiberboard Market- The revenue growth of the global fiberboard market is estimated to exceed over 6% during the forecast period of 2018-2028. Fiberboard is expected to witness growth due to rising preference over the other alternatives such as solid wood and cheap plywood used in many emerging countries.

Carbon Fiber Market- According to a recent Fact.MR research report, a splendid rise at 8.5% CAGR, in terms of value, will be recorded by the global carbon fibers market during the forecast period (2017-2026). Roughly 138,000 tons of carbon fiber are likely to be sold around the world by 2026-end.

Pressure Sensitive Adhesives Market- According to Fact.MR, a steady 5.6% CAGR will be exhibited by the global pr

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative

intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Retail Ready Packaging Market Intense Competition but High Growth & Extreme Valuation

With the growing provision for retail ready packaging for retailers, the inclination towards traditional retail packaging has declined. The overriding response towards retail ready packaging can be defined as their ability in enabling products to be placed directly onto the shelves or selling floor, without the need to unpack the inner contents. Fact.MR has vigorously compiled a new research study titled “Retail Ready Packaging Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026”, which has been published on its online portal. It has been observed that demand for RRP is further encouraged by its indispensable role to improve product identification as well as augment brand visibility.

According to the investigated report, the global retail ready packaging market is likely to portray average growth at 4.6% CAGR, in terms of volume, during the stated forecast period until 2026. Furthermore, the study estimates the target market is projected to exceed US$ 100,000 in revenues by 2026-end. The fundamental motive of this assessment is to highlight the comprehensive scenario prevailing across the global retail ready packaging market, together with the anticipated future market status when influenced by ongoing trends and opportunities.

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Food & Beverage Segment to Retain their Foremost End-User Position

The food & beverages end-user division is likely to dominate the global market for retail ready packaging. It has been noticed that, the market revenue share for this particular segment is considerably bigger as compared to other end-user segments combined. In the coming years, demand for retail ready packaging concerning food & beverages would be motivated by rising importance of curtailing labor costs through the elimination of product handling requirements.

Paper & Paperboard Likely to Remain the Preferred Material Type

The trendy material option is expected to be paper & paperboard, as most manufacturers are inclined towards its usage in handling ready packaging products. The most attractive aspects for the popularity of paper & paperboard can be accredited to its sustainability and recyclability features. Interestingly, a market revenue share surpassing 50% has been anticipated for paper & paperboard during the stated forecast period.

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Regional Bifurcation Reveals APEJ Collecting Significant Revenue Share

Based on research findings, the most profitable region during the forecast period acquiring major revenue share in the retail ready packaging market is valuated to be Asia-Pacific excluding Japan (APEJ). It is expected that sales of retail ready packaging products across APEJ are projected to seize over one-third market share during the period until 2026-end.

On the other hand, North America and Europe are likely to showcase their strength as chief markets for retail ready packaging. In the coming years, APEJ and North America are estimated to display highest CAGRs in the overall market through 2026.

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The competitive viewpoint associated to the retail ready packaging market involves leading players and their efforts to race ahead. Some of the primary manufacturers from the global retail ready packaging market are majorly stressing on improving their product portfolios via huge investments in research & development and acquisition of lighter firms with exclusive innovative technologies. The key companies boosting the expansion of the target market include Orora Packaging Australia Pty Ltd., Creative Corrugated Designs, Inc., Caps Cases Ltd., LINPAC Packaging, i2i Europe Ltd., International Paper Company, DS Smith plc, Smurfit Kappa Group plc., Amcor Limited and Mondi.

Popular Packaging Industry Market Reports from Fact.MR

Aluminium Foil Packaging Market- According to latest report on the global aluminium foil packaging market by Fact.MR, the market is expected to see steady growth in terms of value, registering a CAGR of 5.1% between 2017 and 2026. More than 10 million tons of aluminium foil packages are expected to be sold by the end of the forecast period.

Plastic Protective Packaging Market- The plastic protective packaging market is expected to surpass revenues worth US$ 14 billion in 2019. Plastic protective packaging market is expected to witness a relatively faster growth in East Asia, as China continues to gain significance as attractive hub for packaging manufacturers, upheld by growing demand from the electronics industry.

Packaging Coating Market- The global packaging coating market is projected to expand at modest CAGR of 5.5% during 2017–2022 and will cross a valuation of US$4,000 Mn by the end of this period. The rapid strides being made by functional packaging has considerably impacted the dynamics of the packaging coating market. Over the past few years, acrylic among various packaging coating types has been garnering popularity as an advanced functional packaging coating.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative

intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

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Trail Camera Market Intense Competition but High Growth & Extreme Valuation

Trail cameras are witnessing growing adoption across various wildlife management projects. These projects involve the use of an array of trail cameras for efficient wildlife management plan and extensive monitoring of wildlife around the year.

Remote camera sales grew by 18,000 units in 2018, representing another successful year for manufacturer. Gains were led by wireless segment, with upgrades creating significant momentum in the market. The outlook on future remote camera sales remains positive, with cellular wireless trail cameras spearheading growth, according to Fact.MR’s report on the subject.

Highlighting the key trends in the remote camera market, the Fact.MR report opines that faster trigger speed innovation is a key focus area for manufacturers. Currently, remote cameras with trigger speed in the range of 0.25 to 0.75 seconds are popular among end-users, however, as innovation gains ground and advanced products are launched in the market, trigger speeds of 0.25 seconds or lesser are likely to become commonplace.

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Remote camera sales have been triggered by their use in wildlife management. Extensive and regular maintenance of wildlife involves use of efficient monitoring technology, and remote cameras have been used extensively in this field. Remote camera sales will also be complemented by growing demand from farm owners.

Wildlife Monitoring a Traditional Application, Opportunities Emerging in Residential Surveillance

According to Fact.MR, wildlife and farm monitoring have remained traditional end-users of remote cameras; however, opportunities are emerging in the residential surveillance. Remote cameras offer a bevy of surveillance options over traditional cameras, however, high average unit cost has stymied widespread adoption. “Remote camera manufacturers have been eyeing the residential opportunity for some time now, however, breaking into this segment needs cost-effective offerings. Reduction in average unit cost can create opportunities in the future,” opines the Fact.MR report.

Remote camera sales have traditionally remained concentrated in the US and Europe. However, growing emphasis and investments in wildlife management in emerging opportunities is creating new opportunities. “Of late, governments and private contracts in Asia Pacific have started investing in high-tech products. Trail cameras have gained from this newfound emphasis on wildlife conservation. Although sales aren’t as healthy as in developed markets, it opens up new opportunities for manufacturers,” says the Fact.MR report.

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GG Telecom (SPYPOINT) and Wildgame Innovations are the two prominent players in the remote camera market. North America remains an important players for both these companies, with over 40% revenues coming from the region. The US dominates North American sales, however, Canada has remained an attractive market for manufacturers.

The report highlights the key trends shaping innovation and demand for remote cameras globally. Growing focus on functionality and social sharing is fueling demand for Wi-Fi and Bluetooth enabled remote cameras. “Innovation is the key for success in the remote camera market. As is the case in the consumer electronics industry, manufacturers are continuously launching upgraded and advanced models to leverage the available opportunities,” opines the report.

The market intelligence study on remote cameras profiles the business and product strategies of key players. In addition to Wildgame Innovations and GG Telecom, the report tracks sales and strategies of other key players including Boly Inc., Vista Outdoor Inc., Covert Scouting Cameras, Reconyx, and Cuddeback. Superfast 4G data integration and foraying into emerging markets remains a key strategy for these players.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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