global market

Fact.MR reveals Revenues from Crash Protection to be 1.5X Higher than Lightings in Motorcycle Accessories Market

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Evolving culture of the motorcycle industry, along with interest of riders in framing their unique identity, has led the modification trend, wherein aftermarket-produced motorcycle accessories are increasingly sought-after. Modifications in motorcycles range from moderate to extreme, with typical modifications involving frames & fittings, electrical & electronics, and handle accessories.

The motorcycle accessories market will record an above-average 4.6% volume CAGR during the forecast period, 2018 to 2026, according to a recently published Fact.MR report. Proliferation of aftermarket products is considered to be a boon for growth of the motorcycle accessories market, despites its consequential complexities for manufacturers, suppliers, and owners alike.

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 Varied approaches of OEMs with regard to installation of aftermarket motorcycle accessories, has been discouraging growth of the latter. However, key established players such as BMW Motorad and Harley Davidson have designed their motorcycles to uphold the culture of custom products by collaborating with aftermarket motorcycle accessories manufacturers.

Dry Van Containers Market: Containers Integrated with M2M Technology and Remote Management Gaining Ground, states Fact.MR

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The dry van container market is awash with assets. A wide majority of these assets have become disconnected, thereby entailing challenges apropos of issues associated with their performance and relevant operations. Dry van container integrated with machine-to-machine (M2M) technology, which provide real-time intelligence on their location and status, is becoming the new norm in the logistics and transportation industry. A new analytical research study of Fact.MR envisages the dry van container market to record a modest 3.5% volume CAGR over the forecast period 2018 to 2028.

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Trailer Canopy Market: Growing Commercial Activities to Present Lucrative Opportunities

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Exclusively led by customer preference, demand for trailer canopy continues to witness a steady rise across regions worldwide. Traditionally used for shading purposes, growth of trailer canopy market is largely driven by vehicle innovations and customizations that have embossed a positive influence over sales of trailer canopy, be it for leisure activities or commercial applications. Furthermore, demand for trailer canopy is likely to be fuelled by increasing adoption of lightweight commercial vehicles used for various commercial activities associated with food and beverage, mining, and plumbing, to name a few. Albeit use of trailer canopy for such applications, dominance of domestic players, high price of trailer canopy coupled with fluctuating raw material prices are expected to influence future of trailer canopy market, most likely exerting a bemusing effect on the overall demand of trailer canopy worldwide.

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Cycling Apparel Market: Cycling Apparel Sales Remain Renascent in Sports Variety Stores Channel

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Cycling apparel market has been witnessing significant momentum as sales of cycling apparel via sports variety stores reflect an increase across regions worldwide. Apart from sports variety stores, growth in cycling apparel volume sales via third party online sales channel and modern trade channels s expected to increase during the forecast period. Considering the convenience aspect, the third party online sales channel is expected to provide new growth opportunities, given the pervasiveness of e-commerce as manufacturers can leverage the reach of online channels to touch base remote customers in inaccessible areas.

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Fact.MR has compiled various aspects of cycling apparel and presented in a new research report. According to the report, the cycling apparel market is projected to expand at a significant pace during the 2018-2028 timeline (review period), largely driven by increasing number of cyclists across developed as well as emerging regions worldwide.

In-Flight Catering Market: Rising Air Traffic Together with Premium Quality Food Demand to Drive the Growth

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As per the International Air Transport Association (IATA), the domestic and international air traffic witnessed significant growth in 2017. Moreover, IATA predicts the number of air travelers to double by 2035. Owing to target in-flight catering market opportunities created by ever-growing air traffic, airlines are offering premium in-flight catering services to attract more customers and thereby expanding their business.

A new Fact.MR study envisions the In-Flight Catering Market to create an opportunity of more than US$ 9.5 Bn by the end of 2026. To deliver an opulent in-flight experience to travelers coupled with the demand of healthy in-flight meals irrespective of the traveling class is anticipated to propel the growth of in-flight catering market in near future.

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Innovation in food coupled with technology integration to be prominent trends for In-flight Catering Market

Office Chair Market: North America Prevails at Vanguard; Europe to Record Moderate Rise

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Office chair market prospects are likely to be significantly influenced by surging number of startups. Influx of entrepreneurs in developed and emerging markets has created the requirement for tech parks as well as office spaces, which in turn has favored growth of the office chair market in recent years. In terms of value, the office chair market size was estimated at nearly US$ 7330 Mn in 2017 by a recently developed Fact.MR study.

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North America continues to be the tip of the spear in the office chair market, with the report estimating over 50,000,000 units of office chair to be sold in the region by 2028-end. The office chair market in North America remains consolidated in the U.S., underpinned by increased focus on the work-space aesthetics and emergence of online furniture stores. Office chair manufacturers in the U.S. leverage the online sales platforms, in light of their inherent benefits such as reduced rental space and remarkable decline in inventory.

Data Center Market: Pre-eminence of Data Center Installation and Construction to Persist

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As data centers shift toward supporting more digital strategies, their business will depend on capabilities of the IT ecosystem to underpin new initiatives. Requirement for more decentralized approach, to address need of digital business infrastructure, has been recognized by organizations that have embarked on the digital business journey. With rapid rise in velocity and volume of data, inefficiency increases with regard to streaming information to the data center for processing.

A new Fact.MR study foresees the data center market to bring in nearly US$ 178,000 Mn revenues by 2028-end. Reliance on the data center continues to grow, albeit more workloads are shifting to multi-tenant sites from on-premise facilities. The rise of hyperscale cloud providers, coupled with the hybrid cloud and edge data center trends will continue to influence growth of the data center market.

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Data Center Market: Installation & Construction Activities Spearhead with Surging Activities of New Data Center Construction

Pre-eminence of Dietary Supplements and Nutraceuticals Applications Prevails; Pharmaceutical Follows the Suit

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As a part of the amino acid family, use of L-hydroxyphenylalanine as an energy providing aromatic ingredient has significantly fuelled its demand across the dietary supplement and nutraceuticals space. This factor continues to remain instrumental in driving the growth of the L-hydroxyphenylalanine market during the period of forecast. Moreover, various pharmaceutical uses of L-hydroxyphenylalanine including its application in formulations to treat Parkinson’s disease, Alzheimer’s disease and cancer are also expected to contribute to the overall growth of the L-hydroxyphenylalanine market. Being recognized as GRAS (Generally Recognized as Safe) by the FDA, the use of L-hydroxyphenylalanine in food and beverage sector has also witnessed significant growth in recent times.

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Wheelchair Accessible Vehicle Market Analysis with Ongoing Trends and Growth Forecast 2018 to 2028

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Medical tourism continues to influence the adoption of wheelchair accessible vehicles coupled with financial assistance from federal governments. Furthermore, demand for wheelchair accessible vehicles has also been impacted with growing road accidents worldwide. According to World Health Organization (WHO) analysis, road accidents are one of the leading causes of mortalities and disabilities. The wheelchair accessible vehicle market has also been influenced by new design features and developments incorporated by manufacturers in order to diversify their product offerings.

Furthermore, while medical transportation has given significant traction to adoption of wheelchair accessible vehicles, the wheelchair accessible vehicle market is also fueled with increasing demand for wheelchair accessible vehicles for personal use that largely includes transportation of disabled or aged people. Albeit a steady growth, the wheelchair accessible vehicle market is consolidated given a handful of wheelchair accessible vehicles manufacturers that is likely to impact the demand and supply scenario worldwide.

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Wheelchair Accessible Vehicle Market: Small Yet Big

Magnesium Nitrate Hexahydrate Market 2018: Share, Trends, Analysis, Growth, Sales, Demand, Research, Survey and Industry Forecast to 2028

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Adoption of magnesium nitrate hexahydrate continues to gain ground as a catalyzing and reducing agent – a trend that is complementing steady demand of the chemical as an oxidizing agent. According to a recent Fact.MR study, over 1,212,000 tons of magnesium nitrate hexahydrate were sold in 2017, with its use as an oxidizing agent poised to account for nearly 40% of volume sales by 2028-end.

The petrochemical industry in the U.S. has witnessed a significant growth in recent years according to the International Energy Agency (IEA). The United States Energy Agency (USEA) foresees the production of petrochemicals in the U.S, to record 20% rise by 2020-end. North American stakeholders in the magnesium nitrate hexahydrate market can leverage the growth opportunities paved by rising production and export of petrochemicals from the U.S.

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Magnesium Nitrate Hexahydrate Market: Pre-eminence of Additives Application to Persist

Additives and explosives manufacturing have prevailed as the target application areas for magnesium nitrate hexahydrate. Demand for magnesium nitrate hexahydrate as additives has traditionally remained higher than in manufacturing explosives, and the status quo is likely to endure over the period of forecast.

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