How Important Is Performance Management in Achieving Organizational Goals?

When HR team recruit employees, they focus on several things to identify the best candidates for the job. From company and cultural fit to how the experience will translate into a specific position and help elevate the business, HR has an important responsibility to hire the kind of employees who can and will work collaboratively and successfully towards the goals of their position and the mission of the business. Businesses and HR teams are also smartly turning to performance management processes and tools to help them increase the effectiveness of their employee performance and maximize their contributions. A better performance management system has been linked to better employee retention and companies reaching more of their business goals.

Why is performance management important in accomplishing organizational goals? A modern performance management process takes a 360-degree view of performance management, not just focusing on the performance appraisal or annual review, but integrating feedback and goal review throughout the year. This helps boost employee productivity and morale, as well as gives businesses a chance to continue to align how an employee’s contributions with overall business goals.

The importance of performance management in accomplishing organization goals

Here are several ways that effective performance management can help businesses accomplish more of their organizational goals.

  • Employees who are recognized and rewarded for their performance are more likely to be invested and engaged in their jobs and responsibilities. Regular performance management that spans the day to day can keep employees motivated, which will drive them to be more productive and invested in their tasks, all of which roll up to supporting organizational goals.
  • Performance management helps to empower employees. Managers and supervisors who connect with their employees about business happenings and goals give their employees a better sense of where they fit into the big picture. This kind of perspective can drive performance. When employees know why their job matters and how it fits into the overall goals of an organization, they are often both more motivated to perform better and also in ways that help the business reach milestones or align better with goals. For instance, if a finance professional knows that their job isn’t just to examine expense reports to prevent fraud and because that’s was required of the role, but also because greater fiduciary responsibility allows businesses to reinvest in technologies that could lead to business growth, promotions, and bonuses, that finance employee may be more motivated towards excellence in their role.
  • Continued and ongoing performance management gives managers and supervisors an opportunity to regularly assess how an employee is being used within the business. Asking questions like “are these job responsibilities the best use of this employee’s time and skills or are there other tasks they can pivot to create more value for the business?” and “are these job responsibilities necessary to move us closer to our business goals or are they just a continuation of doing things the way they’ve always been done?” Regular performance management can help employers understand if their employees have the right skill sets to be moved into more value-adding positions and also refine positions to better reflect work that helps to better meet the overall business goals.
  • Ongoing performance management can support better employer-employee relationships. More 1-on1 discussions can improve a boss-employer dynamic more than meeting once in a while or just annually to discuss an annual review and raise. Better relationships can lead to more engagement and also encourage employees to reach out to their boss if they have a question or want to make a suggestion — both of which can lead to the more effective realization of company goals.
  • Employees and managers who meet regularly to discuss employee goals and overall business objectives are able to define not just what the organizational goals are but also strategize around how the employee can best meet their goals — which in turn support company goals. Overall, effective employee performance management helps to better align how individual employees work together and in tandem to support organizational goals. If there is a question as to how an employee or role is effectively supporting company objectives, that’s usually a sign that HR and leadership should have a larger conversation regarding employee and roles.

Performance management plays a huge role in the overall success of a company, not just an individual’s career. Remembering why performance management is important in accomplishing organization goals is an important step in being able to continue business growth and ensure long-term success.

View the Related article: Top Performance Management Techniques and Benefits You Should Know


Nutrition Bars & Snacks Market High Demand from Niche Applications to Bolster Growth

With reference to the most recent market conjecture report distributed by Transparency Market Research, titled ‘Nutrition Bars Market: Global Industry Analysis and Opportunity Assessment 2018-2026’, income produced from the worldwide nutrition bars market has been evaluated to be esteemed around US$ 1,613.6 Mn in 2018, which is evaluated to increment at a CAGR of 4.1% to US$ 2,231.1 Mn by 2026.

Target Segments for the Nutrition Bars Market

The worldwide nutrition bars market is portioned based on item type, design, work, bundling, nature, deals channel, and locale. Based on item type, the worldwide nutrition bars market is ordered into protein-rich bars, vitality bars, feast substitution bars, and low starch bars. The protein-rich bars portion is foreseen to have an unmistakable piece of the overall industry of 53.9% in the year 2018, trailed by the vitality bars section.

Planning to lay down strategy for the next few years? Nutrition Bars Market report can help shape your plan better

On the basis of format, the market is segmented into extruded, co-extruded, double layer, and multilayer. The double layer nutrition bars segment is expected to dominate the format segment with a market share of 43.8% in the year 2018. This segment is expected to have a greater market share over the forecast period, due to the attractive composition and reduction in retail prices, supported by the cost-effective production of the same using new food technologies.

On the basis of function, the nutrition bars market is divided into weight management, sports & fitness, functional food (diabetes, others), and others. The sports & fitness segment is expected to dominate the function segment of the market with more than 50% of the market share in the year 2018. On the basis of nature, the nutrition bars market is divided into organic and conventional. The conventional segment is expected to completely dominate over the organic nutrition bars.

However, the organic nutrition bars segment is anticipated to have strong growth prospects over the forecast period, owing to the growing consumer preference towards organic and natural products, due to increasing health and wellness awareness among consumers.

Target Geographies for Nutrition Bars

The nutrition bars market has been segmented into North America, Asia Pacific (APAC), Europe, Latin America, and the Middle East & Africa (MEA). The market in North America is expected to have a maximum market share of 47.8% in the year 2018, attributed to changing consumer eating habits, due to growing health and wellness consciousness among them. Consumers are well-aware about the products that they are consuming and their impact on their heath, and thus, they tend to buy products that are not only flavorful but also have health benefiting attributes.

To obtain all-inclusive information on forecast analysis of global market, request a PDF brochure here

Nutrition bars are healthy bars that tend to provide fibers, proteins, and energy to the body, and hence, are gaining the attention of health conscious consumers. Besides, North America is also witnessing the growing demand for nutrition bars, owing to the growing snacking trend and increasing demand for convenience food in the region.

However, the Asia Pacific region is anticipated to offer maximum growth opportunities to the nutrition bars market, with an expected CAGR of 5.2% over the forecast years, owing to increasing urbanization, growing per capita disposable income of consumers, improving standards of living, and growing health and wellness awareness among consumers, all of which are anticipated to drive the growth of the nutrition bars market in the region.

Global Nutrition Bars Market: Competitive Assessment

Transparency Market Research has outlined the most important companies that are players in the global nutrition bars market, such as Glanbia Plc., Nutrition & Santé SAS, Artenay Bars, SAS, B.V. Vurense Snack Industrie, SternLife GmbH & Co. KG, Atlantic Grupa D.D., Halo Foods Ltd., anona GmbH, Prinsen Food Group B.V., Bedouin S.A.S, Viba Sweets GmbH, Leader Foods OY, and Frankonia Schokoladenwerke GmbH.

Manufacturers of nutrition bars are emphasizing on product innovation, upgraded technology, and smart labelling to gain traction over the forecast period. A majority of manufacturers are now emphasizing on fragmenting out their offerings to reduce competitive friction in the mainstream nutrition bars market. For this, heavy investments have been noticed in equipment and ingredient composition to create a unique identity of the product on the overcrowded shelves.

For more actionable insights into the competitive landscape of global market, get a customized report here

Manufacturers are now pushing their nutrition bars into the market through unorthodox sales channels such as clubs, gyms, and other institutions, to directly target their product towards the core users. Besides, contract manufacturers are expected to witness a growth in the demand for nutrition bars, as new players are playing safe by bypassing equipment and raw material cost for nutrition bar production.

Detailed labeling of nutrition bars is expected to help manufacturers stand out in the crowded nutrition bars segment. Labeling such as ‘70% organic’ is expected to catch more hits, as consumers know the real amount of organic products that they are going to consume per unit, creating trust for the product, and helping to create a strong brand equity for nutrition bars.


Nutrition Bars & Snacks Market High Demand from Niche Applications to Bolster Growth

With reference to the most recent market conjecture report distributed by Transparency Market Research, titled ‘Nutrition Bars Market: Global Industry Analysis and Opportunity Assessment 2018-2026’, income produced from the worldwide nutrition bars market has been evaluated to be esteemed around US$ 1,613.6 Mn in 2018, which is evaluated to increment at a CAGR of 4.1% to US$ 2,231.1 Mn by 2026.

Target Segments for the Nutrition Bars Market

The worldwide nutrition bars market is portioned based on item type, design, work, bundling, nature, deals channel, and locale. Based on item type, the worldwide nutrition bars market is ordered into protein-rich bars, vitality bars, feast substitution bars, and low starch bars. The protein-rich bars portion is foreseen to have an unmistakable piece of the overall industry of 53.9% in the year 2018, trailed by the vitality bars section.

Planning to lay down strategy for the next few years? Nutrition Bars Market report can help shape your plan better

On the basis of format, the market is segmented into extruded, co-extruded, double layer, and multilayer. The double layer nutrition bars segment is expected to dominate the format segment with a market share of 43.8% in the year 2018. This segment is expected to have a greater market share over the forecast period, due to the attractive composition and reduction in retail prices, supported by the cost-effective production of the same using new food technologies.

On the basis of function, the nutrition bars market is divided into weight management, sports & fitness, functional food (diabetes, others), and others. The sports & fitness segment is expected to dominate the function segment of the market with more than 50% of the market share in the year 2018. On the basis of nature, the nutrition bars market is divided into organic and conventional. The conventional segment is expected to completely dominate over the organic nutrition bars.

However, the organic nutrition bars segment is anticipated to have strong growth prospects over the forecast period, owing to the growing consumer preference towards organic and natural products, due to increasing health and wellness awareness among consumers.

Target Geographies for Nutrition Bars

The nutrition bars market has been segmented into North America, Asia Pacific (APAC), Europe, Latin America, and the Middle East & Africa (MEA). The market in North America is expected to have a maximum market share of 47.8% in the year 2018, attributed to changing consumer eating habits, due to growing health and wellness consciousness among them. Consumers are well-aware about the products that they are consuming and their impact on their heath, and thus, they tend to buy products that are not only flavorful but also have health benefiting attributes.

To obtain all-inclusive information on forecast analysis of global market, request a PDF brochure here

Nutrition bars are healthy bars that tend to provide fibers, proteins, and energy to the body, and hence, are gaining the attention of health conscious consumers. Besides, North America is also witnessing the growing demand for nutrition bars, owing to the growing snacking trend and increasing demand for convenience food in the region.

However, the Asia Pacific region is anticipated to offer maximum growth opportunities to the nutrition bars market, with an expected CAGR of 5.2% over the forecast years, owing to increasing urbanization, growing per capita disposable income of consumers, improving standards of living, and growing health and wellness awareness among consumers, all of which are anticipated to drive the growth of the nutrition bars market in the region.

Global Nutrition Bars Market: Competitive Assessment

Transparency Market Research has outlined the most important companies that are players in the global nutrition bars market, such as Glanbia Plc., Nutrition & Santé SAS, Artenay Bars, SAS, B.V. Vurense Snack Industrie, SternLife GmbH & Co. KG, Atlantic Grupa D.D., Halo Foods Ltd., anona GmbH, Prinsen Food Group B.V., Bedouin S.A.S, Viba Sweets GmbH, Leader Foods OY, and Frankonia Schokoladenwerke GmbH.

Manufacturers of nutrition bars are emphasizing on product innovation, upgraded technology, and smart labelling to gain traction over the forecast period. A majority of manufacturers are now emphasizing on fragmenting out their offerings to reduce competitive friction in the mainstream nutrition bars market. For this, heavy investments have been noticed in equipment and ingredient composition to create a unique identity of the product on the overcrowded shelves.

For more actionable insights into the competitive landscape of global market, get a customized report here

Manufacturers are now pushing their nutrition bars into the market through unorthodox sales channels such as clubs, gyms, and other institutions, to directly target their product towards the core users. Besides, contract manufacturers are expected to witness a growth in the demand for nutrition bars, as new players are playing safe by bypassing equipment and raw material cost for nutrition bar production.

Detailed labeling of nutrition bars is expected to help manufacturers stand out in the crowded nutrition bars segment. Labeling such as ‘70% organic’ is expected to catch more hits, as consumers know the real amount of organic products that they are going to consume per unit, creating trust for the product, and helping to create a strong brand equity for nutrition bars.



Basmati Rice Market : Insights For Highly Profitable Investment Decision till 2022

The global market for basmati rice is witnessing a noticeably high growth, at present, and is expected to continue on the same track over the next few years. This report by Transparency Market Research (TMR) attempts to present a comprehensive analysis of the global basmati rice market by examining the prominent trends, growth drivers, limitations, and opportunities and the impact of these factors on the demand for basmati rice between 2017 and 2022. It also examines the potential of this market at the global as well as the regional level.

“Among the various types of rice, basmati rice enjoys a premium position thanks to its superior taste and aromatic quality,” says a TMR analyst. Almost 90% of production and consumption of basmati rice is centered in Asia, mainly because of its origin from the Indian subcontinent. The growth of the basmati rice market in Asia is powered by high production and export of this type of rice from India and Pakistan. As per records of the Agricultural and Processed Food Products Export Development Authority, India accounted for 59% exports to the overseas basmati rice in 2014, with the remainder exported from Pakistan.

Planning to lay down strategy for the next few years? Basmati Rice Market report can help shape your plan better

Further, a detailed analysis of the value chain, which offers an exhaustive overview of the worldwide market for basmati rice has been offered in this research study, encompassing the analysis of the attractiveness of the market, in which, the end users are characterized on the basis of their size of the market, rate of growth, and general attractiveness.

Global Basmati Rice Market: Scope of the Study

The research study provides a comprehensive assessment of various important factors that influence the sales of basmati rice across the world to readers for wise decision making. It also offers a thorough evaluation of the lucrative opportunities, which involve untapped or recently explored factors that are expected to drive this market over the forthcoming years. Further, it carries out an analysis of the value chain to help in understanding the market at length. This value chain assessment includes a detailed evaluation of the roles of numerous important entities in the global basmati rice market, from the raw materials suppliers to the end users.

Various procedures of the production of basmati rice have also been examined in the value chain analysis. Furthermore, the assessment of market attractiveness has been conducted to evaluate the end-use segments, which are projected to be lucrative and profitable over the forecast period, taking a number of factors, such as the size of its market, its profitability, growth rate, and the degree of the competition, in consideration.

To obtain all-inclusive information on forecast analysis of global market, request a PDF brochure here

Largely, the global market for basmati rice is analyzed on the basis of the type of rice, sales channel, spices, and the application. Based on the type of rice, the market is classified into rice, steamed, and parboiled. By the sales channel, the market is categorized into HORECA, modern trade, convenience store, online store, and traditional grocery stores. Based on the application, the report bifurcate the market into food and cosmetic and personal care.

Global Basmati Rice Market: Geographical Outlook

In terms of the geography, the research study broadly classifies the global basmati rice market into North America, the Middle East and Africa (MEA), Europe, Asia Pacific excluding Japan (APEJ), Latin America, and Japan. These geographical categories are, then, evaluated on the basis of the current and imminent trends in each of the regions in order to provide an insight into the current and expected demand for basmati rice there. The demand from the individual end-use sections in each of the regional markets has also been presented in this research report.

Furthermore, the report estimate the market size of each of the regional basmati rice market in 2017 and make predictions for the coming years. The figures related to the regional markets have been estimated on the basis of their performance, in terms of the basmati rice, sales channel, application, and the species.

For more actionable insights into the competitive landscape of global market, get a customized report here

Companies Mentioned in the Report

McCormick & Co. Inc., LT Foods Ltd., The Hain Celestial Group Inc., Estraco Kft., East End Foods, The Rice ‘n Spice Intl Ltd., KRBL Ltd., Amira Nature Foods Ltd., Mars Inc., and REI Agro Ltd. are the leading companies functional in the global market for basmati rice.

Buy this Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=31745<ype=S

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5 Best Performance Management Practices HR Managers Should Know

As an HR manager, performance evaluator, or HR director, many people misunderstood the true meaning of performance management. If you think that performance management merely means to assess your employee’s performance against the assigned task, you’re probably wrong. In fact, performance management is a whole system rather than a task.

According to the 2018 CEB calculation, a company employing over 10,000 people spends about $35 million a year on performance reviews alone. That is a huge number, isn’t it?

Best performance management practices include management practices that are focused on helping your employees in two ways:

  • Take their expertise to its full potential
  • Increase their satisfaction

Have you considered these two objectives while trying to streamline your performance management tactics as an HR manager? The answer is probably NO. Perhaps, you have left one out of the overall process or system.

Best Performance Management Practices

With its never-ending benefits, more and more enterprises are now upgrading and focusing on their performance management system. It is important to analyze the frequency with which employees are evaluated, training of hiring manager, desired goals, alignment, and actual output.

Human Resource Management Study in 2014 found that more than 50% of HR managers rated their company B or C+ in performance management. 23% of HR managers gave C grade while only two percent of HR managers gave their companies A.

Looking for a change? Well, here are 5 best performance management practices HR managers should know:

1. Different Shift in Feedback Frequency

Those days are long gone when the performance management process was limited to annual feedback reports and more. The advancement in the IT sector has given rise to performance management systems that help in streamlining the employee performance management process.

More and more companies are now abandoning the annual performance review — replacing it with a real-time performance review. Best performance management practices allow organizations to keep track of real-time, regular feedback by HR managers, customers, and co-workers.

It’s not the only way around. While HR is busy evaluating the best out of the crowd with real-time stats, employees also have the option to report to HR for any complaints. In simple words, a performance management system is used for constructive criticism, immediate feedback, and actionable insights.

When combined, this data can serve as a huge deal to address employees and groups issues and address them accordingly.

2. More Conversations

There is a great need for redesigning the annual or quarterly exercise of performance reviews. This time of the year comes with a lot of inducing negative emotions of HR managers and employees for each other. In fact, both sides end up having some really bad experiences as the evaluation process ends.

Thus, it is in the best interest of the organization, HR, and its employees to get rid of the annual review system. In doing so, managers must find adequate ways to speak with their employees.

For a better assessment, it is best to talk to the struggling employees more often before marking the feedback. Again, frequent feedbacks work best to increase HR interaction with employees — leading to productivity and growth of employees.

3. Effective Management Training

Newly hired HR managers and performance evaluators struggle when trying to understand the organization’s product, service, goals, and aim. In fact, best performance management practices are directly associated with the training of HR manager per company’s goals.

It means that managers also need to be trained well and taught leadership qualities to help employees succeed. Yes, it’s not only about struggling employees — but managers also matter!

Read more…


Crawler Excavator Market Is Driven By Increasing Automation Across The Construction Sector

According to a new market research report published by Credence Research “Global Crawler Excavator Market (Product (Standard, Hybrid, Small Trail, Super Long Front); Bucket Capacity (Small {0.30-2.00}, Medium {2.00-4.00}, Large {Above 4.00}); Application (Construction, Mining, Forestry & Agriculture) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the crawler excavator market is set to grow with a CAGR of 2.5% during the forecast period.

Market Insights

Moreover, the advancement in the crawler excavators design and technology is further aid in the growth of the market. The advent of the hybrid crawler and excavators has led to the development of multiple new avenues for the growth of the market. Additionally, the growing construction activities across the globe are propelling the market growth.

Download Free brochure of research report with TOC and Figures @  https://www.credenceresearch.com/sample-request/59904

The construction sector accounted for more than 60% share in the crawler excavators market. The growth of the market is attributed to the wide scale adoption of the excavators for digging, grading, and earth moving applications. Furthermore, the growing adoption advance machineries across the construction sector is also estimated to augment the market growth. On the other hand, mining industry is estimated to grow substantially during the forecast period. The growth of the market is driven by the rising need of safety in the mining operations.

Key players in the crawler excavator market are Caterpillar, China SINOMACH Heavy Industries, CNH Industries, Deere & Company, Doosan Bobcat Inc., Hitachi Construction Machinery, Hyundai Construction Company, J C Bamford Excavators, Komatsu, Liebherr, RM-Terex, Sany Group, and Volvo Construction Equipment.


Crawler Excavator Market Is Driven By Increasing Automation Across The Construction Sector

According to a new market research report published by Credence Research “Global Crawler Excavator Market (Product (Standard, Hybrid, Small Trail, Super Long Front); Bucket Capacity (Small {0.30-2.00}, Medium {2.00-4.00}, Large {Above 4.00}); Application (Construction, Mining, Forestry & Agriculture) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the crawler excavator market is set to grow with a CAGR of 2.5% during the forecast period.

Market Insights

Moreover, the advancement in the crawler excavators design and technology is further aid in the growth of the market. The advent of the hybrid crawler and excavators has led to the development of multiple new avenues for the growth of the market. Additionally, the growing construction activities across the globe are propelling the market growth.

Download Free brochure of research report with TOC and Figures @  https://www.credenceresearch.com/sample-request/59904

The construction sector accounted for more than 60% share in the crawler excavators market. The growth of the market is attributed to the wide scale adoption of the excavators for digging, grading, and earth moving applications. Furthermore, the growing adoption advance machineries across the construction sector is also estimated to augment the market growth. On the other hand, mining industry is estimated to grow substantially during the forecast period. The growth of the market is driven by the rising need of safety in the mining operations.

Key players in the crawler excavator market are Caterpillar, China SINOMACH Heavy Industries, CNH Industries, Deere & Company, Doosan Bobcat Inc., Hitachi Construction Machinery, Hyundai Construction Company, J C Bamford Excavators, Komatsu, Liebherr, RM-Terex, Sany Group, and Volvo Construction Equipment.


Crawler Excavator Market Is Driven By Increasing Automation Across The Construction Sector

According to a new market research report published by Credence Research “Global Crawler Excavator Market (Product (Standard, Hybrid, Small Trail, Super Long Front); Bucket Capacity (Small {0.30-2.00}, Medium {2.00-4.00}, Large {Above 4.00}); Application (Construction, Mining, Forestry & Agriculture) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the crawler excavator market is set to grow with a CAGR of 2.5% during the forecast period.

Market Insights

Moreover, the advancement in the crawler excavators design and technology is further aid in the growth of the market. The advent of the hybrid crawler and excavators has led to the development of multiple new avenues for the growth of the market. Additionally, the growing construction activities across the globe are propelling the market growth.

Download Free brochure of research report with TOC and Figures @  https://www.credenceresearch.com/sample-request/59904

The construction sector accounted for more than 60% share in the crawler excavators market. The growth of the market is attributed to the wide scale adoption of the excavators for digging, grading, and earth moving applications. Furthermore, the growing adoption advance machineries across the construction sector is also estimated to augment the market growth. On the other hand, mining industry is estimated to grow substantially during the forecast period. The growth of the market is driven by the rising need of safety in the mining operations.

Key players in the crawler excavator market are Caterpillar, China SINOMACH Heavy Industries, CNH Industries, Deere & Company, Doosan Bobcat Inc., Hitachi Construction Machinery, Hyundai Construction Company, J C Bamford Excavators, Komatsu, Liebherr, RM-Terex, Sany Group, and Volvo Construction Equipment.


HID Ballast Market Growth Is Restrained By The Growing Adoption Of The LED Lamps

According to a new market research report published by Credence Research “Global HID Ballast Market (Product (Electromagnetic HID Ballast, Electronic HID Ballast); Application (Automotive, Residential, Commercial, Industrial, Outdoor) Market – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the HID ballast market is set to decline with a CAGR of -8.2% during the forecast period, starting from US$ 9.05 Bn in 2018.

Market Insights

The increasing adoption of the LED lighting solution is the most prominent factor hindering the market growth. LED lighting has emerged as one of the most prominent alternatives for lighting solutions due to their high efficiency and performance. The LED lamps are designed from the solid material and do not contain any fragile filament and tube. This increases the durability of the lamp.

Download Free brochure of research report with TOC and Figures @  https://www.credenceresearch.com/sample-request/59905

MEA accounted for more than 15% share in the HID ballast market. The lack of regulatory framework for restricting the use of inefficient lighting solutions is the primary factor responsible for the growth of the market in the region. On the other hand, Europe’s HID ballast market is estimated to decline during the forecast period. The stringent government regulation in the region to restrict the use of the inefficient lighting technologies is the primary factor hindering the market growth. 

Key players in the tunable filter market are Acuity Brands, Cree Inc., Eaton Corporation, General Electric Company, Halco Lighting Technologies, IOTA Engineering, Magnitude Lighiting, OSRAM Licht AG, Philips Lighting Holding B.V., Starlite Lighting, Deco Lighting, The Delta Group, Unique Lighting System, and Westinghouse Electric Corporation.


Embroidery Tools Online at Reasonable Prices

Embroidery is an art form that requires a lot of material to accomplish one task. Other than thread and needle there are many other embroidery tools that you are going to need when you are starting an embroidery project. In this blog, I am going to list the most important tools for embroidery that every embroiderer must-have.

1) Embroidery Frame: Be it a normal round embroidery hoop or an aari maggam embroidery cot, a frame comes first when you want to start an embroidery project. Embroidery frame helps in tightening the fabric, making it easy to do embroidery on it. 

 

2) Embroidery NeedleAnother most important embroidery tool is Needle. You can find different types of embroidery needles online for doing different types of embroidery like zardosi embroidery, tambour embroidery, aari embroidery and more.

 

3) Tracing Paper: Tracing paper is used for tracing the designs or pattern on the fabric. This makes it easy for you to trace design on fabric easily and efficiently.

 

4) Pinning Machine: It is used for pinning the design on tracing paper so you can easily trace the design on fabric. This machine comes with speed adjustable knobs which will make it easy for you to adjust the speed as per your need.

 

5) Thread Cutter and Embroidery Scissors: Thread Cutter and Embroidery Scissors are always must as you are going to need a cutter or scissors to get perfect snips. They come really handy when you are working on your embroidery projects.

You can also find new types of cutters that are easy to hold and perfect to work with. They are available in four beautiful colors.

6) Needle Threader: This really comes in handy when you are doing zardosi embroidery and working with thin needles. It gets difficult sometimes to thread the needle that is where this Needle Threader comes handy. You can easily thread any sewing needle with the help of this threader.

 

7) Thimble: When you are doing hand embroidery, this tool can help you to protect the finger and to push the sewing needle while doing embroidery.

 

So, these were some essential embroidery tools that an embroiderer must-have. Please let me know in the comments below if I have missed out on any. Also, you can buy embroidery tools online at wholesale prices on your own embroidery material store. With this, you can also find other embroidery supplies like embroidery threads, embroidery wires, rhinestones, beads, sequins, etc.

You can also find jewelry supplies and beading supplies like beading needles, bead spinner and more.


Connected Truck Market Trends and Forecast

The global connected truck market is estimated to observe a substantial growth in the coming years, due to growing demand for in-vehicle safety features, vehicle connectivity in logistics and transportation sector, driver assistance system, infotainment system, electrification and digitization of vehicle components, and autonomous driving.

On the basis of service, the connected truck market is bifurcated into fleet management, and cybersecurity and updates. Of the two, fleet management is expected to hold a larger share in the market during the forecast period. The updates in telematic control unit (TCU) application and real-time over-the-air (OTA) data analytics are the major factors driving the growth of fleet management service.

On the basis of communication, the connected truck market is further segmented into vehicle-to-vehicle (V2V), vehicle to infrastructure (V2I), and vehicle to cloud (V2C). The V2C category is expected to grow significantly during the forecast period, owing to the increasing number of digital applications in trucks such as GPS tracking, fuel management, remote diagnostics, and driver information system. In addition, the increasing number of fleet management services by original equipment manufacturers (OEMs) will further drive the growth of V2C communication.

Explore Full Report Description At@ https://www.psmarketresearch.com/market-analysis/connected-truck-market

Globally, North America is projected to be the largest market for connected trucks, during 2018-2023. The growth of the market in this region is driven by various factors such as improved communication infrastructure, government mandates for vehicle safety and data security, increasing digitization in fleet management services, and concerns of cyber security and update.

Growth Drivers

Government mandates and increasing industry compliance norms for vehicle safety and security is a major factor driving the growth of the connected truck market. Connected trucks provide real time information about congestion and accidents, and automatically updates routes. Apart from this, interaction assistance and hazard warning, and automated parking suggestions make connected truck safer. In addition, advanced driver assistance systems and facility of regular vehicle data updates improve fleet efficiencies, streamline deliveries, and reduce the down-time of vehicles and fuel costs. These technologies also provide new and innovative functions such as platooning, preventive maintenance, and accident avoidance, thereby benefiting the market.

Competitive Landscape

The market is competitive, characterized by the presence of a considerable number of connected truck manufacturers. Robert Bosch, Continental AG, and ZF Friedrichshafen AG are globally established players and dominate the connected truck market. Some of the other important players in the industry include Verizon Communications Inc., NXP Semiconductors N.V., Sierra Wireless Inc., TomTom NV, Harman International Industries Inc, Trimble Inc, DENSO Corporation, ZF Friedrichshafen AG, Magna International Inc, and Delphi Technologies PLC.


Low Speed Electric Vehicle Market in Asia Region, Business Report

The Asia-Pacific Low Speed Electric Vehicle Market is projected to reach 71.8 million units by 2025, according to P&S Intelligence.

The growth of the market is primarily driven by stringent government norms and regulations on carbon emissions, increasing government support in the form of incentives to encourage the adoption of LSEVs, and rising environmental awareness among the people in the region.

Insights into market segments

On the basis of product, the APAC LSEV market has been categorized into two-wheeler, three-wheeler, and four-wheeler. Of these, the two-wheeler category led the market in 2017, with a market share of more than 75% in terms of volume. The category is expected to continue holding the largest share in the market in the coming years, owing to the increasing consumer preference for two-wheelers as a means of personal transport.

Based on voltage, the market can be categorized into 24 V, 36 V, 48 V, 60 V, and 72 V. Of these, the 48 V category is expected to continue dominating the APAC LSEV market in the coming years. This can be attributed to the preferred use of 48 V batteries in electric two-wheelers and three-wheelers by original equipment manufacturers. However, faster growth in the market during the period is expected from the 72 V category, as the demand for high-speed scooters and micro-cars continues to increase. This is because the speed of the vehicle is directly proportional to the voltage of the battery.

China led the APAC LSEV market in 2017, in terms of both value and volume, owing to favorable government policies and rapid increase in the urban population of the country. Also, most of the key players in the APAC market are concentrated in China, making it the largest market for LSEVs in the region.

Government incentives and rising environmental awareness are the key growth drivers for the market

Government incentives in the form of subsidies and grants, and rising environmental awareness are driving the growth of the APAC Low speed electric vehicle market. Governments, especially of China and India, are aiming at the complete electrification of public transport. In an effort to achieve this, they are providing support in the form of incentives to encourage the adoption of these vehicles. For instance, in India, the government is providing subsidies ranging from $370 (INR 25,000) to $910 (INR 61,000) under the FAME [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles] scheme. Also, since much of the air pollution is caused by conventional passenger carriers, environmental authorities in the APAC region are taking initiatives to spread awareness on environmental sustainability, thereby encouraging the adoption of these vehicles and driving their market growth.

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Increasing investment in research and development (R&D) is boosting the LSEV sales

Key players in the APAC LSEV market are increasingly making investments for the R&D of improved and affordable LSEVs. Investments are also being made to increase the production capacity through facility expansion to address the growing needs of the market. At present, the cost of LSEVs, even after subsidization, is much higher than that of their conventional counterparts. Manufacturers in the market are therefore making efforts to bring down the cost of these vehicles on par with that of gasoline-based vehicles through technological advancements in order to boost the sales of these vehicles.

Competitive landscape

Some of the key players in the APAC LSEV market are Terra Motors Corporation, Changzhou Yufeng Vehicle Co. Ltd., Jiangsu Kingbon Vehicle Co. Ltd., Hero Electric Vehicles Pvt. Ltd., Jiangsu East Yonsland Vehicle Manufacturing Co. Ltd., and ZHIDOU Electric Vehicle Co. Ltd.


Automotive Digital Instrument Cluster Market

The growing sales of premium cars, increasing demand for electric vehicles, and rising penetration of in-vehicle safety features are accelerating the growth of the automotive digital instrument cluster market. In 2017, the market generated a revenue of $2,024.6 million, and it is predicted to witness a CAGR of 21.8% during 2018–2023 (forecast period). Automotive digital cluster is a set of instrumentation, which shows information in the digital form instead of the analog one. It is placed on the dashboard in front of the driver behind the steering wheel, and it displays the map, speed, and navigation prompts.

Based on display, the automotive digital instrument cluster market is categorized into organic light-emitting diode (OLED), liquid crystal display (LCD), and thin-film transistor LCD (TFT-LCD). Out of these, the TFT-LCD category made a revenue contribution of more than 60.0% to the market, and it is expected to maintain its dominance during the forecast period. This is mainly ascribed to the surging demand for better displays, globally, and TFT-LCD offers improved image quality in terms of addressability and contrast.

On the basis of car price, the automotive digital instrument cluster market is bifurcated into medium and premium cars. Of these, during the historical period (2013–2017), premium cars led the market on both revenue and sales volume grounds, and these are also predicted to dominate it during the forecast period. However, medium-price category cars are expected to witness faster growth during 2018–2023 due to the lowering price of clusters, which would help in increasing their adoption in such cars. For instance, Audi is installing such clusters in its medium-category A4 and A3.

In many countries, due to the rising disposable income, the sales of premium cars are surging. In 2017, Mercedes-Benz car sales rose to 2.29 million units, whereas BMW car sales increased by 4.2%. The global sales of other premium car brands, such as Audi, Volvo Cars, Lexus, Land Rover, and Porsche, augmented by around 5.0% in 2017. Automotive digital instrument clusters are quite costly and at the nascent growth phase, therefore find extensive installation in premium cars. Thus, the rising demand and sales of premium cars are resulting in the market growth.

Furthermore, the production of electric vehicles is anticipated to be considerable during the 2018–2023 period, as these are a sustainable conveyance system. Due to the growing concerns about increasing fossil fuel prices and rising focus toward greener and cleaner environment and energy conservation, the demand for electric cars is expected to thrive during the forecast period. As these vehicles function on electricity, they are required to display information such as the amount of battery charge left, electricity stored, and expected mileage on current charge that can be easily depicted on digital instrument clusters.


Identity Theft Protection Services Market Studies Growth, Opportunities Upto 2027

The identity theft protection services market remains highly-competitive at the bottom level and moderately-competitive at top and middle levels. The emerging players or tier 3 players of the market account for a sizeable revenue share and remain highly oriented toward new product launches and acquisition strategies.

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The market players have been assessed in the report as per four propositions- leaders, challengers, followers, and aspirers. The report identifies players such as LifeLock, Inc., Experian Plc., and Equifax, Inc. as leaders with robust revenue footprints and innovative product portfolios. Companies such as Affinion Group and FICO are categorized as challengers, who possess the potential to scale up their revenues with innovation-driven strategies.

The report further categorizes companies such as LexisNexis Risk Solutions Inc. and TransUnion LLC as followers, who are growing at a steady pace to establish a stronghold in the global market space. Aspirers, such as Intersections Inc. and AllClear ID Inc., have been identified by the report as the ones vying to make it big in the market by observing their nearest competitors.

With the resurgence of corporate abilities, the corporate profit margins are also witnessing considerable rise. The willingness to invest in identity theft protection services is also scaling up, aimed at safeguarding the increased income.

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As per a recent revelation by the U.S. Bureau of Economic Analysis (BEA), profits from the current production (corporate profits along with inventory valuation as well as capital consumption adjustments) revved up to $76.0 billion in the third quarter, in comparison with an increase of $65.0 billion in the second quarter. Particulars as such provide credence to the fact that corporate profits are not declining anytime soon, portraying potential opportunities for the vendors of identity theft protection services. Conversely, any sort of inconsistency in corporate profits is likely to have adverse impact on the investments being made for these services, which might hamper their deployment rate.

Financial transactions via internet have experienced sheer proliferation since the recent past, driven by factors such as speed and convenience. Technology-enabled transactions are not only famed for enhancing customer experiences, but have also enabled banks to scale up in terms of offering value-based services. However, the rising vigor of technology-driven financial transactions seems to have become a weapon of choice, when in case of fraudsters.

Increasing number of malicious data breaches associated with internet-based financial transactions are anticipated to necessitate the deployment of identity theft protection services. Identity theft protection services offer thorough protection by masking important details and tracking data of privacy invaders monitoring your personal data. Rising concerns associated with data breaches and identity thefts are likely to position the identity theft protection services market for a healthy growth in the upcoming years.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

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Smart Parking Solutions Market Explores Growth, Opportunities and Application till 2028

The smart parking solutions market remains highly consolidated, with established and mid-sized companies accounting for 40-50% and 30-35% of the revenue share respectively. Large scale companies continue to invest heavily in research and development to fuel innovations, which gives them a competitive edge over other players in the market. Strategic mergers and acquisitions, coupled with collaboration with city authorities to provide for smarter mobility solutions, are among key expansion strategies of these market players.

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Apart from the aforementioned key players, the report on smart parking solutions market also features detailed profiling of other leading companies in the market, which include Scheidt & Bachmann GmbH, DESIGNA Verkehrsleittechnik GmbH, Cubic Corporation, ABM Industries Incorporated, TIBA Parking, WPS Parking System BV, Kudelski SA, and SWARCO AG.

Smart city projects offer sustainability in addition to enhanced performance. With the transformation of a city into a smart city, authorities around the world can provide for better security, transport and traffic management, waste management, energy efficiency, and can improve the lifestyle of the population comprehensively. In addition to these benefits, smart cities will contribute towards the welfare of the environment and allow for stabilization of global temperatures. Growing environmental concerns, traffic congestion, and the population are causing governments around the world to look towards the development of smart cities which will effectively improve the quality of life while aiding authorities in saving resources. These factors have attracted heavy investments in smart technologies around the world and are fuelling the demand for smart parking solutions on a global scale.

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Increasing penetration of wireless networking systems, IoT, and cloud-based services, has laid down the platform for innovations in the smart parking solutions market. For instance, easy accessibility to affordable GPS, cloud software, smartphones, and smart sensors is resulting in the development of sophisticated systems that aid drivers in detecting the nearest empty parking spot in real-time. The emergence of cashless transactions and e-payment facilities are further paving gateways to new opportunities for smart parking solution companies to explore. Moreover, developments in artificial intelligence and machine learning are aiding companies in making groundbreaking discoveries in the field.

Smart parking solutions can potentially open up new revenue streams for city municipalities and parking lot owners. There are many parking spots in cities that remain under-utilized, and leveraging smart parking technology, data from multiple sources can be collected and used as a parking guidance system for drivers in return for money. The round the clock monitoring services offered by smart parking systems coupled with automated payment collection can help parking lot owners in saving on manpower while eradicating the inefficiencies associated with the manual collection and management framework. Furthermore, parking lot owners can utilize the data collected from the monitoring systems and can streamline the management process to ensure maximum profitability. Another key application of smart parking solutions is the demand-based pricing of parking spots. Smart parking solutions can be used to generate different prices for parking based on the demand for the service. Municipalities and parking lot owners are realizing the potential prospects smart parking solutions have to offer and are adopting them to increase their revenue.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

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Polyamide in E-Mobility Market Anticipated to Grow at a Significant Pace by 2028

According to a recent study published by Fact.MR, demand for polyamide in e-mobility market is likely to increase at over 6% in 2019 over 2018. The Fact.MR report finds that the electric vehicle stock will reach nearly 5 million in 2019. Growing awareness among automakers about multitude of benefits of using polyamide in e-mobility market. Thereby, Fact.MR opines that, this is expected to create numerous opportunities for polyamide manufacturers in the e-mobility market in the upcoming years.

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A majority of automakers are shifting their focus towards increasing the use of lightweight plastics such as polyamide, as it can ultimately reduce the fuel usage of the automobile. As fuel efficiency is one of the most important factors to influence the purchasing decisions of car buyers, applications of polyamide in e-mobility market are expected to escalate in the upcoming years.

Increasing fuel prices and environmental concerns are resulting in a dramatic move away from conventional, internal combustion engine (ICE) only vehicles to their electric variants.

Hybrid electric vehicles (HEVs) are outperforming any other type of electric vehicles across the world, especially in developed regions such as North America and Europe. Also, China has been showcasing extraordinary growth in terms of production and the number of on-road electric vehicles, which is further boosting sales of HEVs.

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The Fact.MR study finds that HEVs account for over 60% of the revenue share of polyamide in e-mobility market. The study projects that, in 2019, polyamide demand will continue to remain highest at more than 54,000 tons, creating more opportunities for polyamide manufacturers in the e-mobility market.

The significant rise in global sales of HEVs is mainly attributed to their cheaper costs and automakers are adopting polyamide to further improve the cost-efficiency of HEVs. Increasing popularity of HEVs among buyers across the world is encouraging manufacturers of polyamide in e-mobility market are targeting HEV manufacturers to envisage incremental growth in polyamide sales in the upcoming years.

Despite a significant rise in the prices of polyamide, rapidly growing electric vehicle industry in Asia Pacific excluding Japan (APEJ) is creating numerous lucrative opportunities for manufacturers of polyamide in e-mobility market in the region. Leading manufacturers of specialty chemicals are aiming to invest in the APEJ region to capitalize on the rise in local production and sales of electric vehicles. Leading polyamide manufacturers are aiming to ramp up polyamide production in the region to cater to the increasing demand for polyamide in e-mobility market in versatile applications, such as e-motors and batteries, making the regional market highly competitive.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Automotive Fuel Injection System Market Forecast 2017 – 2027 Interpreted by a New Report

Automotive fuel injection system market is proliferating at an unwavering rate, finds a recent research study by Fact.MR. The growth of automotive fuel injection system market is likely to be driven by a pool of pacesetters, ranging from rising environmental regulations to concerns revolving around optimal fuel utilization. The consequent requirement for passenger cars has also been identified as one of the key demand generating factors pushing adoption of fuel injection systems. According to the research report by Fact.MR, the volume sales of automotive fuel injection system is anticipated to approach 101,131,418 units by 2018-end, up from 98,433,519 units in 2017.

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The Fact.MR study opines that the sales of automotive fuel injection system is likely to register a significant leap in the upcoming years, driven by rising need for regulation of the air/fuel ratio. The competency of fuel injection systems to upgrade fuel efficiency without compromising with the engine performance is one of the key USPs spurring sales of automotive fuel injection system.

The rising demand for personal conveyance is predominantly pushing the adoption of compact vehicles across urban as well as sub-urban areas. Demand for fuel injection system for compact vehicles is gaining tailwinds from the ubiquitous vigor of compact vehicles, with volume sales approaching 32,631,289 units by 2018-end.

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According to the report, gasoline port injection is gaining immense traction as one of the highly viable technologies, followed by gasoline direct injection and diesel direct injection. The competency of gasoline port injection to offer significant cost advantages coupled by operating at a simple strategy is fostering the popularity of this technology amid the customer market place.

With sales of automotive fuel injection system influenced by continual innovations and developments, manufacturers continue to make design alternations and leverage advanced technologies. Manufacturers are investing in rigorous R&D to upgrade performance of injection systems with zero compromise in terms of efficiency. New designs and injector orifices are consistently being formulated and incorporated to significantly curb emission levels.

APEJ retains its lead as the largest automotive fuel injection system market with volume sales worth 43,336,281 units anticipated by 2018-end. Bolstered R&D developments to reform the automotive infrastructure and subsequent on-going innovations is likely to create magnificent opportunities for the automotive fuel injection system market, primarily across China and India.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Automotive Coatings Market Shows Promising Growth Opportunities Over 2018-2027

The automotive coatings market continues to witness significant transformation ranging from new material developments in the vehicle production to higher popularity of traditional colors compared to “more colorful” alternatives. The automotive coatings market is expected to witness an increase in volume sales of over 3,500 tons in 2018 over 2017, according to a recent Fact.MR study. Refinish formulations continue to gain center stage in the automotive coatings market, while water-borne coatings are gaining increased focus for basecoats.

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Water borne automotive coatings have gained utter prominence over the years of evolution, primarily driven by environmental and health concerns of the solvent-borne automotive coatings. The study estimates nearly 6 in 10 tons of automotive coating sold worldwide in 2018 to be water-borne. However, demand for waterborne coatings as primer surface layer is likely to witness decline in tandem with increasing palpability of UV cure automotive coatings.

UV cure variants, albeit accounting for minor share of the market currently, have emerged as fast-selling automotive coatings and the status quo is likely to prevail in 2018 and beyond. Demand for solvent borne coatings is expected to remain higher than solvent-borne coatings in 2018, despite concerns regarding their environmental and health impacts. Preference for solvent borne automotive coatings is primarily undergird by their relative superiority in retention of pigments liquid and binding agents.

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Fact.MR study opines that acrylics will remain the top-selling resin in the automotive coatings market, as these resins witness predominant use in passenger cars, trailed by fluoropolymers. However, recent shift in manufacturer preferences have led the demand for amines and poly alkyds, and it is highly likely that these resins will record relatively faster volume sales in 2018 and beyond.

Shares of the automotive coatings market are expected to remain clustered at the top and splintered at the bottom. Top 5 players will collectively account for nearly 40% share of the automotive coatings market. Supremacy of these players will be upheld by their sound operations and robust sales infrastructure worldwide. Small and mid-sized automotive coatings manufacturers are focused toward collaborations with established players as a key expansion strategy to strengthen their distribution and manufacturing capabilities.

Leading automotive coatings manufacturing companies emphasize providing automotive OEMs and key Tier 1 customers with value-added, best-in-class service products. These products are targeted at cutting down cost for customers while increasing their shareholder value in the automotive coatings market. Provision of cost-effective structure management to customers for maintaining safety standards and enabling process optimization, is a key focus area of leading automotive coatings market players.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Excavator Market to Reflect Impressive Growth Rate by 2026

Fact.MR recently published a comprehensive study on excavator market, which opines that the excavator market will witness modest 3.2% volume y-o-y in 2019 over 2018. The Fact.MR study finds that the demand for excavator will improve as the heavy construction equipment industry has been recovering from a major slump. Owing to the positive growth of the construction industry, especially in developing countries, excavator market is expected to witness steadily increasing growth in the future.

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Excavators are commonly used in a wide range of sectors including construction, mining, agriculture, and forestry. However, according to the Fact.MR report, the construction industry is expected to hold the largest volume share – approximately 72% -- by the end of 2019. Manufacturers in the excavator market are focusing on introducing performance features that will suit the requirements of end-users from the construction industry to capitalize on the increasing demand for excavators as a construction equipment.

Excavator market players are upgrading the design of excavators by incorporating advanced technologies to offer improved efficiency, which can help end-users to increase productivity and operators’ safety.

The Fact.MR report finds that the sales of excavators as a construction machinery were around 5.5x higher than its sales as a forestry & agricultural equipment in 2018. Higher demand for excavators in the construction industry is mainly spurred by roads and highway projects, and the study remains bullish of the potential rise in share of construction industry in global sales of excavators in the coming future.

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Apart from its applications in the construction industry, excavators are also used in the agriculture industry and mining industry, which have been contributing greatly to growth of the excavator market.

Despite steady demand from construction industry, stringent environmental regulation and high quality standards for conventional excavators continue to create manufacturing challenges for market players.

Conventional excavators are subject to guidelines regulating the use and operation of heavy equipment. Manufacturers in the excavator market need to conform to these stringent regulatory requirement, which may add to the production cost, ultimately restricting manufacturers from maintaining competitive prices.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Barge Transportation Market Value Chain and Forecast 2019 – 2027

Barge Transportation has witnessed moderate growth over the past decade across the globe. However, with the industrial growth and advancements in the manufacturing of a wide range of Barge Transportation which are both versatile and fascinating leads to increase the sales of Barge Transportation across the globe. Barge Transportation is considered one of the major segment of marine transportation. A significant evolution of Barge Transportation in recent years has provided a feasible amplification to the variety of services, thereby driving developments in the Barge Transportation industry. Furthermore, specific features and properties and require competencies within the manufacturing technology are likely to provide growth opportunities to Barge Transportation.

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The import-export of crude oil and petrochemical is extensively depended upon marine transportation, and increasing demand for oil & petroleum products strengthen the trade, results in the growth of barge transportation market. The strong interconnectivity of canal and rivers across the countries and regions will fuel the business and will lead to an increases demand for petrochemical transportation. As a result, could boost the manufacturing of Tank Barges. Advantages of barges transportation in terms of emissions, fuel usage and capacity compare to railcars and trucks are the key factors deriving the growth of barge transportation market in the near future. The rising consumption of North American oil is escalating lot of barges, as several petrochemical and energy companies mainly turn to the canal, coastal and rivers waterways to get North American crude to refineries in U.S. and Canada and will increase the usage of liquid cargo barge over the forecast period. With expanding petrochemical industry rise the shipments across the regions. The expanding usage of inland waterways in the transportation of chemical, agricultural and farms products will further propel the growth of barge transportation market.

With increasing seaborne trade, demand for the development of new port and continuous maintenance of the existing one is expanding. As the port management becoming complex and robust, federal governments are looking for port privatization. For instance, the national governments of the USA and Canada are facing the problem with the trade surge. As a result, policies are being formed regarding port developments under private organizations leads to the building of new ports which will increase the trade and cater to the growth of barge transportation market.

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During the past few years, ocean freight has witnessed a positive growth in SEA and Western Europe countries. Counties in this region have large logistical operations. These logistical operations need large vessel for inland, offshore and ocean transportation. This creates potential demand for barge transportation across the globe. Moreover, mandatory government regulations are also contributing to the growth of the marine electronics market. Many companies are establishing their foundries in Western Europe, China and Japan. With the growth of ocean logistical operations, the marine electronics market is witnessing a potential demand, and is expected to grow with the growth of logistics demand during the forecast period.

The increasing price pressure is one of the prominent factors for the consolidation of the transportation sector. The trend of getting larger fleets will prevail over the forecast period in the Middle East and North Africa barge transportation market. In the Middle East and Africa Market, the number of potential consumers is declining, and the purchasing power of the prominent players is increasing at a good pace. The market for the barge transportation in the MEA region will face stiff competition between the global market participants for gaining higher market share. The concept of sharing and renting leads to increases the barge transportation in the Middle East and North Africa market at significant rate, and it is projected to remain popular throughout the forecast period.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
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Automotive Brake Caliper Market Latest Trends, Share, Growth Industry Analysis

Fact.MR delivers key insights on the automotive brake caliper market in its published report, titled “Automotive Brake Caliper: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the automotive brake caliper market is estimated to expand at a CAGR of 3.1% over the forecast period, owing to the numerous factors, about which FACT.MR offers thorough insights and forecasts in this report. The current growth trend of the automotive brake caliper market has prominently influenced by the increasing number of the motor vehicles across all the regions of the globe. Advancement in autonomous technology amalgamate innovations in the automobile systems, and automobile components have become a tool for a consumer as well as a marketer to expose and expand their products which are likely to boost the automotive brake caliper market.

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The global market for automotive brake caliper is segmented as per vehicle type, product type, by distribution channel, and by piston material. This report assesses trends that are driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to automotive brake caliper manufacturers looking to enter the market. Main regions assessed in this report include North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and the Middle East & Africa (MEA).

The sections, by vehicle, by product type, by distribution channel, and by piston material in the automotive brake caliper market evaluate the present scenario as well as growth prospects of the regional automotive brake caliper market for 2018–2027. The North America automotive brake caliper market has been estimated to dominate the automotive brake caliper market, accounting for a maximum revenue share of the market by 2018 end. Europe and APEJ automotive brake caliper markets are expected to account for more than 30% of the revenue share, respectively, of the global automotive brake caliper market by 2027 end. Among the emerging markets, APEJ automotive brake caliper market is estimated to exhibit a significant CAGR over 3.5% over the forecast period, followed by Japan with over CAGR of 4.01%.    

To provide in-depth insights into the pattern of demand for the automotive brake caliper market, the market is segmented on the basis of vehicle. It includes PCV, LCV, HCV, and Two Wheeler. The PCV segment is expected to dominate the automotive brake caliper market over the forecast period, in terms of value, which accounted for more than 42.5% value share in 2027.    

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The section – automotive brake caliper market analysis, by product type comprehensively analyzes the market on the basis of products type where automotive brake caliper is used. The market is segmented into fixed automotive brake calipers and sliding brake calipers.  The segment, fixed brake calipers in an automotive brake caliper market accounted for the highest market share of more than 56% in 2017. The segment attendance system is expected to grow moderately in the forecast period.

The section – automotive brake caliper market analysis, by distribution channel comprehensively analyzes the market on the basis of different channels through which the automotive brake caliper can be purchased. The market is segmented into OEMs (Original Equipment Manufacturer) and aftermarket. OEMs segment accounted for the highest market share in 2017. However, the OEMs is expected to register a healthy CAGR of more than 3.5% during the forecast period due to increase traction of people towards authentication of automotive components.

Also, increasing demand for automotive brake caliper in the emerging automotive industries of APEJ region is driving the prominent manufacturers to strategically enter in the APEJ market with an objective to target the opportunities in the region. The automotive brake caliper market in North America and Europe region has matured, and hence, the companies are targeting emerging markets to increase their sales revenues.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
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27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
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Analog Phase Shifter Market - industry Analysis 2019 - 2027

Analog Phase Shifter Market Is Driven By the Growing Importance of the Aerial Defense among the Defense Sector

According to a new market research report published by Credence Research “Global Analog Phase Shifter Market (Application (Radar, Satellite, Telecom) – Growth, Future Prospects, and Competitive Analysis, 2019 - 2027”, the analog phase shifter market is set to grow with a CAGR of 48.3% during the forecast period.

Market Insights

The global analog phase shifter market is driven by the increasing importance of the aerial defense system across the defense sector. As political instability is rising across the globe along with the consistent threat of terrorist activities, governments are investing heavily in the defense sector. The governments across the globe are procuring the UAVs and automated guided missiles to gain an edge over their competitors. This is forcing the adoption of the missile defense system across the globe to protect unwanted missile or UAV attacks. 

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North America’s analog phase shifter market is estimated to grow significantly during the forecast period at a CAGR of over 55.1%. The growth of the market is driven by the increasing investment in the telecom infrastructure. The telecom companies in the region are investing heftily in the infrastructure for the commercialization of the 5G technology. Moreover, the rising political uncertainty in the region also presents opportunities for the growth of the market in the region. 

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Key players in the analog phase shifter market are AMCOM Communications, Analog Devices, Clear Microwave Inc., Crane Aerospace & Electronics, Holzworth Instrumentation, L3 Narda-MITEQ, Mercury Systems, Mini-Circuits, Planar Monolithics Industries, Pulsar Microwave Corporation, Qotana Technologies Co. Ltd, and SAGE Millimeter Inc.


Continuous Performance Management Software: A Buyer’s Guide for HR Professionals

If you’re looking to give your modern organization a competitive edge, you will likely look at the efficiency of your performance management system. You’ll also need to research relevant HR performance management software to complement the running of this system.

Purchasing performance management software represents a serious investment. You want to find the right solution to help you boost engagement, improve employee performance and facilitate communication. To streamline the process, we have compiled this HR buyer’s guide to continuous performance management software.

Why Your Company Needs Effective Performance Management

Due to outdated performance management tools, such as the annual performance review and stacked ranking , performance management doesn’t always enjoy the best reputation. But effective performance management is critical to the success of your company in terms of employee engagement, productivity, performance, and morale — not to mention organizational growth.

Performance management techniques, such as regular performance coaching conversations can keep employees on track and motivated to achieve their SMART objectives. With the right performance management system, these SMART objectives will support and complement organizational goals, meaning the entire company thrives. To truly benefit from performance management, however, companies must ensure they are forward-thinking and progressive while keeping up with the latest and most promising performance management trends.

You Need Performance Management Software to Support Your Processes

As companies become more agile and fast-moving , you need the right technology to facilitate growth and keep you competitive. The proper performance management software can help you track, manage and analyze employee performance while promoting in-the-moment feedback and communication. If you’ve been relying on pen and paper to support your performance management system, it is high time for an upgrade.

You should consider investing in continuous performance management software for the following reasons. CPM software can:

  1. Improve business outcomes.
  2. Help to develop employees by tracking employee development objectives.
  3. Provide the ability to give and receive real-time feedback.
  4. Help you align individual SMART goals with company objectives.
  5. Make work more meaningful for your employees.
  6. Support regular performance conversations to improve employee-manager relationships.
  7. Provide instant reports to keep you updated with the performance of your employees and teams.
  8. Identify opportunities for employee advancement and succession planning.

Analyze Your Company’s HR and Performance Management Needs

  1. Analyze Your Company’s HR and Performance Management Needs

Before you can decide what continuous performance management platform to invest in, you need to address and analyze your company’s unique HR and performance management needs. Your research could take the form of a comprehensive survey to highlight and uncover pain points. Make this survey company-wide to show your employees everyone’s feedback is valued and important.

You can ask your employees questions, such as:

  • Do you understand what’s expected of you at work and in your role?
  • Do you know how your particular goals support company objectives?
  • Do you feel you receive constructive and consistent feedback?
  • Do you have an honest, authentic and transparent relationship with your manager?
  • Do you feel your feedback is valued?
  • Do you think you are being kept up to date with the goings-on of the company?
  • Do you think you are improving and advancing in terms of your skills?
  • Does the company provide the right support for training and development?
  • Are you happy with your opportunities for advancement, while understanding how to advance?
  • Do you feel appreciated and acknowledged?
  • How do you feel about the current status of performance reviews in terms of frequency and efficacy?

Read more...


Pedelec Market Size, Trends, Analysis, Leading Players & Future Forecast by 2027

The pedelec market will surpass US$ 26 billion to record a healthy 3.1% y-o-y in 2019, reveals the latest market report published by Fact.MR. The study finds that consumer mindset inclined towards adopting sustainable modes of transportation will provide a fillip to growth of the pedelec market in the upcoming years. The study thoroughly assesses growth parameters of the pedelec market to provide actionable insights for market players to plan salient business strategies for the coming future.

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According to the Fact.MR study, the Asia Pacific region excluding Japan (APEJ) is expected to lead the market securing the largest volume share in the pedelec market. The study finds that the pedelec market in the APEJ region is gaining momentum on account of burgeoning production of batteries, ongoing R&D by pedelec market leaders, and favorable regulatory framework in the region.

China and India are among the developing countries in the APEJ region carry potential for growth for pedelec market players. Especially in China, over 200 million consumers have registered their electric bikes and approximately 30 million new electric bikes are sold each year, according to statistics published by the Ministry of Industry and Information Technology (MIIT). Manufacturers in the pedelec markets in China and India are launching innovative designs and styles of pedelecs to attract more consumers and envisage incremental growth in the APEJ pedelec market.

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Furthermore, the Fact.MR study predicts that despite the hegemony of the APEJ region in the pedelec market, developed countries, including Japan, will witness fastest growth in the pedelec market in the upcoming years. Developed regions such as Europe and North America are likely to generate more lucrative opportunities with growing environmental and health concerns among consumers. In addition, leading manufacturers in the pedelec market are introducing space-effective pedelecs to bolster pedelec sales in the developed regions.

The Fact.MR study provides actionable insights for stakeholders in the pedelec market with the help of comprehensive information on how the pedelec market will grow in the coming future. The study predicts that the global pedelec market will envisage a healthy 5.5% value CAGR through 2027.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/



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