Why APAC region will dominate the global robotic vacuum cleaner market till 2021

Robotic Vacuum Cleaner Market Strategic Assessment and Forecast Till 2021

 A recent study on “Global Robotic Vacuum Cleaner Market” says that in 2015, APAC was the largest segment of the global robotic vacuum cleaner market. APAC is witnessing rapid urbanization among all other geographies. The rapid urbanization in developing countries of APAC is likely to boost the demand for new residential complexes, which is expected to drive demand for robotic vacuum cleaners in the market.  Countries such as China, Japan, South Korea and Australia are going to witness huge demand for robotic vacuum cleaner. For instance, the demand for robotic vacuum cleaners in Japan witnessed a surge by 12.6% in 2015 from 2014 against the demand for traditional vacuum cleaners.  Study says that APAC region will continue to dominate the global robotic vacuum cleaner market till 2021.

China has emerged as one of the largest markets for robotic vacuum cleaners

 China offers a huge growth opportunity for the global robotic vacuum cleaner market. The market in China is fuelled by the commoditization of various low-cost brands of robotic vacuum cleaners offered by local Chinese vendors. ECOVACS Electrical was the market leader in china. Major vendors such as iRobot are focusing on the Chinese market as it presents a huge potential for revenue and volume growth for robotic vacuum cleaners.

Japan is the second largest market for robotic vacuum cleaners in APAC

Japan is the second largest market for robotic vacuum cleaners in APAC. The Japanese are tech-savvy people and prefer advanced technical products. Robotic vacuum cleaners have already become a part of the mainstream consumer electronics in Japan.  iRobot has the majority share in the robotic vacuum cleaners market in Japan.

After China and Japan, South Korea was the largest market for robotic vacuum cleaner in APAC in 2015

The price of the robotic vacuum cleaner in South Korea is lower compared to Japan because of the presence of many vendors in the South Korean market. The emergence of advanced robotic technology in the country also makes the market penetration high. LG and Samsung contribute the most in robotic vacuum cleaners in South Korea.

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The Top Five Vendors in Global Patient Temperature Management Market

Patient Temperature Management Blog by Beige

The Temperature Management market which consists of Patient Warming System and Patient Cooling System is going to be a US$ 1.6 billion market till 2021.  This huge growth in the market has led the way for a gigantic competition among the existing as well as the emerging vendors. The patient temperature management market is highly competitive with presence of large, medium, and small players. Some of the major players in this market are The 3M Company (US), Smiths Group plc (US), Covidien plc (Ireland), Stryker Corp. (US), and C. R. Bard (US). Other notable players in the market are ZOLL Medical Corp. (US), Geratherm Medical AG (Germany), Inditherm plc (UK), Cincinnati Sub-Zero Medical Division (US), and the 37 Company (the Netherlands).  In this highly competitive market, players have adopted various strategies such as partnerships, agreements, collaborations, joint ventures, expansions, new product launches, and mergers and acquisitions to strengthen their foothold in the market.

We have mentioned the merger and acquisition and key strategies of the top five vendors here

The 3M Company

 The company which has a strong geographical presence in 70 countries across North America, APAC, Europe, EMEA, and Latin America, mostly focuses on the development of new products to accelerate its organic growth. Moreover, the company focuses on inorganic growth strategies such as strategic acquisitions to strengthen its patient warming business and increase its share in the patient temperature management market.

“The acquisition of Arizant, a manufacturer of patient warming systems,led to the expansion of  the company’s portfolio for temperature management.

Smiths Group plc

Smith Medical Foundation , is a group of Smith Group Plc and is operating  in more than 30 countries. The company not only has a strong foot hold in the market but also has been a reputed brand in temperature management market. The company majorly focuses on expanding its business in the emerging markets across all geographies.

“in January 2011, the company established its subsidiary in India to cater the emerging markets. Also, the company increased the size of its workforce in Brazil, China, India, South East Asian countries, and the Middle East markets.”

C.R. Bard

The company is one of the oldest player in the medical devices market. The company’s major strength lies in its long-term presence (more than 100 years). It majorly focuses on merger and acquisition along with targeting the clinicians to purchase the medical devices.

“ The company in October 2011 acquired Medivance, a market leader in therapeutic hypothermia, which helped the company to expand its portfolio for temperature management.”

Stryker

Stryker is one of the leader in the medical technology world. Its temperature management sub-segment provides hyper/hypothermia systems, localized therapy systems, blood fluid warming systems, and forced air-warming systems.

“In 2011, the company acquired Gaymar Industries, a US-based manufacturer and supplier of patient temperature management devices. This enabled the company to strengthen its product portfolio and widen its customer base.”

Medtronic plc (Covidien plc)

Medtronic plc has a wide range of temperature management systems and operates through 41 manufacturing facilities in 17 countries and markets its products in more than 150 countries. The company focuses on R&D as its major strategy for growth.

"In January 2015, Medtronic acquired Covidien plc (Ireland) (a healthcare spinoff of Tyco International in 2007). Covidien plc is engaged into development, manufacturing, and sells of healthcare products used in home and clinical settings. With the acquisition of Covidien, Medtronic entered into the temperature management market.”

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Beige Market Intelligence is a provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and to make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry.

Our team of experts ensure the analysis you receive is not just analyzed and presented, but can also be customized based on the client’s requirement. Our deliverables guarantee our current global client base do not look beyond Beige when it comes to competitive intelligence.

Beige has an employee base present across the globe. Our analysts come with numerous years of industry experience, which ensures we not only understand our clients but deliver high quality reports as well. 

Vape Market to Generate the Largest Part of Its Revenue from North America till 2021

 

North America will continue to dominate the global vape market and is likely to account for a market share of 47.45%

Vape Market Research Report by Beige Market Intelligence

North America was the largest region of the global vapor products market, accounting for a market share of 44.27%. The global vapor products market generated the largest part of its revenue from North America.  In 2015, North America recorded vapor products revenue worth $3.71 billion.  Also, North America will continue to dominate the global vapor products market and is likely to account for a market share of 47.45% in 2021 due to the tremendous popularity of VTMs and low cost of vaping devices in the vapor products market during the forecast period. Also, one of the major influencing factors propelling the market growth in the region is increasing availability of vapor products in vape shops and over the Internet.  The key countries contributing the major market share are 

Vape Market in US

The US accounts for the largest share of the vapor products market in North America. It is the world’s largest market for vapor products with increasing end-user base and massive revenue.  VTMs has become one of the big businesses in the US and because of the opening of vape shops throughout the country, the growth of the vapor products market in the US is expected to witness a massive growth in 2016 and afterwards. 

The market has witnessed a high demand for vapor products due to its wide adult smoking population. Approximately 28% of the US population is classified as active smokers. However, a huge portion of them indicated in various surveys conducted in the past that they would like to switch to other nicotine alternatives.

Vape Market in Canada

In 2007, disposable e-cigarettes were introduced in Canada. In 2009, Health Canada, the federal department of the government of Canada, banned the sale of vapor products containing nicotine. Vapor products sold without nicotine and that do not make any health claims can be sold legally in the country. However, nicotine loaded vapor products and those claiming health benefits fall under the jurisdiction of the Food and Drugs Act under which authorization from Health Canada is required by vendors to introduce a new product in the market. The market in Canada is booming because of growing popularity of flavoured e-juices among the young population. In 2015, the market witnessed an increased demand for vapor products. The increased demand of different flavoured e-juices and popularity of VTMs in vape shops are adding into the growth of the vape market in Canada region.

 The report which consists of 124 pages of information along with 14 Key Sections and 67 exhibits gives a detailed analysis of the market size and forecast of different regions such as

North America, APAC, Europe and Rest of the World. It also includes the market analysis of some key countries such as the US, Canada, UK, Poland, Germany, Italy, Spain, Russia, Malaysia, China, Chile, Peru, Egypt, South Africa, Nigeria, and Algeria.

For more information, View the abstract and table of contents

Global Vape Market(e-cigarette and Vaporiser) - Strategic Assessment and Forecast Till 2021

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Strategic Assessment Of Automotive PCB Market and Forecast Till 2021

Automotive PCB Market Research Report - Growth Analysis and Market Forecast 2021

Automotive PCB Report Insights

PCBs are essential components in electronic devices. A PCB is a copper based board on which electrical wires are printed. These electrical wires are connected to other electronic components on the board. PCBs are used to upkeep and electrically connect all electronic components through conductive paths. Hence, the demand for PCBs is directly correlated to the growth of the automotive electronics industry and indirectly correlated to growth in vehicle shipments. PCBs play a very important role in the automotive electronics industry, as they form the fundamental structure of electronic connectivity. Hence as the usage of electronics increase in vehicles, the demand for PCBs is expected to grow.

Worldwide Automotive PCB market research report covers the present scenario and the growth prospects of the Worldwide Automotive PCB Market for the period 2015-2021. The report provides in-depth analysis of market size and growth of Worldwide Automotive PCB market. This market research report includes a detailed market segmentation of the Worldwide Automotive PCB Market by

Automotive PCB by Technology Segmentation

Single Side PCBs

Flexible PCB

Multi-layer PCB

Automotive PCB by Application Segmentation

Interior Components

Powertrain Components

Engine Controls Components

Vehicle Lighting And Safety Systems

Automotive PCB by Geographic Segmentation

North America

APAC

Europe

Latin America

Middle East & Africa

Automotive PCB – Market Size and Dynamics

Market research analysts at Beige Market Intelligence, expect the Worldwide Automotive PCB to reach approx. US$10.91 billion by 2021.The Worldwide Automotive PCB Market has been segmented by application, which includes Interior Components, Powertrain components, Engine Controls Components, and Vehicle Lighting and Safety systems. The automotive PCB market for interior components is the largest segment in terms of application and accounted for $2.72 billion in 2012 and is expected to grow at a CAGR of around 6% between 2012 and 2021. Engine control components include anti-lock braking systems, ECU control units, electronic fuel injection system and automated locking systems among others. The common industry term for electronics for engine control is termed under the hood electronics. The automotive under the hood market accounted for $44.8 billion in 2014 and were expected to reach $77 billion by 2021, growing at a CAGR of 8% during 2014-2021.

Automotive PCB – Geographic Analysis

The Worldwide Automotive PCB Market has been segmented on the basis of geography.This market research report has categorised the entire market into five regions namely North America, APAC, Europe, Latin America and Middle East & Africa. APAC is the largest PCB market and is expected to remain the largest during the forecast period. In 2012, APAC region accounted for 89.7% which was around $5.53 billion of the overall automotive PCB market and is expected to reach to $9.83 billion by 2021 growing at a CAGR of 6.6%. North America holds the second largest market followed by Europe, Latin America and the Middle East and Africa. APAC is the largest producer of automotive PCBs in the world, in terms of technology this region produces the highest volume of single-sided PCBs followed by multi-layer PCBs and Flexible PCBs.

Automotive PCB – Drivers and Trends

This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of the Worldwide Automotive PCB market during the forecast period. The factors driving the growth of the market include Electrification of automotive mechanics to achieve higher fuel economy. As automotive is major contributors of environmental pollution, various governing bodies across the world have directed regulations to reduce vehicle emissions along with increasing fuel economy of vehicles. To comply with regulations, OEMs and tire-1 suppliers have been actively investing in technologies to either reduce the weight of the vehicle or introduce electronically controlled vehicle mechanism to obtain higher accuracy in functioning leading to higher fuel efficiency and reducing tailpipe emissions. Moreover, adoption of infotainment systems in mass mid segment vehicles is another factor driving the growth of the market.

Some of the major challenges confronting the Worldwide Automotive PCB market include gradual loss of low-cost advantage from Low-cost manufacturing countries. In earlier decades, within the automotive industry, there was an increase in outsourcing of manufacturing activities to low-cost countries such as China, Taiwan, South Korea and India owing to the availability of low-cost labour as compared to western countries. However, these countries are gradually losing its cost advantage due to the raising labour cost, for instance in China the population has become more affluent and has moved up the learning curve leading to higher cost of employment. It is observed that PCB manufacturers, especially in China and Taiwan have been facing concerns over attrition as labours prefer moving to other manufacturers for small income raise.

Another major factor curtailing the growth of Worldwide Automotive PCB market is the shorter life cycle of automotive electronics. Technological innovations and dynamic consumer expectations are reducing the average life cycle of vehicles as a whole, which is adding pressure on PCB and automotive electronics manufacturers to cater to demanding needs of OEMs and tire-1 suppliers. The report also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

Automotive PCB – Market Share and Key Vendors

This market research report profiles the major companies in the the market and also provides the competitive landscape of key players.  Within the report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Meiko, Chin Poon, CMK Corp., TTM Technologies, KCE Electronics. Other prominent vendors in the market include Daeduck Electronics, Multek, Tripod Technology.

Strategic Assessment of Worldwide Automotive PCB Market and ForecastTill 2021.

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AMN Healthcare, CHG Healthcare or Cross Country Healthcare who will fill the healthcare staff need in US

 

Healthcare Staffing Market in US | Beige Market Intelligence 

The healthcare industry in the US is witnessing a shortage of nurses in the country. Despite the fact that the registered nurses are among the single largest healthcare professionals in the country, the vacancy rate for registered nurses is growing. US will need more than 1 million registered nurses by 2021.

Similarly the Allied health segment is witnessing a huge demand for physician assistants and practitioners in the healthcare organizations. Further, an increase in aging population, a rising homecare market, and a growing shortage of skilled workforce are some of the reasons that have contributed to the demand of allied healthcare staffs. A growing shortage of primary care and specialty physicians in the country has boosted the demand for locum tenens staffs as well.

 Looking at the scenario of the huge demand of the healthcare staff in US the healthcare staffing companies in US have already started utilising their strength and strategies to dominate the market.

AMN Healthcare

AMN Healthcare Services is the leader in the healthcare staffing market in the US. The company was founded in 1985 and got incorporated in November 1997. Headquartered in San Diego, California, the company is the largest supplier of healthcare workforce solutions and staffing services in the country.

The services offered by the company are basically nurse and allied healthcare staffing, locum tenens staffing, physician permanent placement services. Under these segments, the company offers a wide array of workforce solutions and staffing services through various brands.

To Drive increased adoption of workforce solutions and staffing services, increased focus on entry into new markets while continuing to excel in the traditional healthcare staffing services, continue to strengthen its operational and technological capabilities by integrating technological solutions such as data analytics in its recruitment process are some of the key strategies.

CHG Healthcare Services

CHG Healthcare Services is the second largest healthcare staffing solutions and service provider in the US. Founded in 1979, the company, formerly known as CompHealth Group, started the concept of travelling physicians or locum tenens to deliver medical care in rural communities of Western US. The company renamed itself as CHG Healthcare Services in 1995. The company supplies locum tenens, physicians (both, temporary and permanent), nurses, and other healthcare professionals to healthcare organizations. Based in Salt Lake City, Utah, the company has seven offices across the country. Apart from CHG Healthcare, the business line of the company has the following healthcare staffing brands: CompHealth, Foundation Medical Staffing, RNnetwork, and Weatherby Healthcare.

The companies key strategy is constant investment in training and development of its employees to retain them and shape their career.

 The company also offers resources, courses, and support for leadership development; professional and personal development; technical training; sales training; and coaching resources to develop its employees’ career.

Cross Country Healthcare

Cross Country Healthcare was the third largest healthcare staffing services provider in the US in 2015. Headquartered in Boca Raton, Florida, US, the company is a prime supplier of healthcare workforce solutions and offers healthcare staffing and recruitment services through 73 branches spread throughout the US and the Caribbean.The company operates through three business segments such as nurse and allied staffing, physician staffing, Other human capital management services.

One of the key strategies is to continue investing in technological initiatives as the company recognizes that people have individual communication preferences. By investing in technological initiatives, the company enhances its efficiency and effectiveness of business interaction with clients. The company also invests in mobile and online technologies to increase its ability to retain existing pool of healthcare professionals, as well as, attract new ones. Also the company focuses on improving its fill rate at current MSP accounts and makes strategic acquisitions to broaden and strengthen its market presence.

Jackson Healthcare

Jackson Healthcare is among the leading healthcare staffing vendors in the US. It offers recruitment and placement services for physicians, travel nurses, and other healthcare professionals in the country. It also offers anaesthesiologists. It serves over 7 million patients in over 1,300 healthcare facilities across the US along with its subsidiaries. The company also offers logistic solutions to hospitals for systemic operational efficiency and patient throughput.

The company offers recruitment services for registered nurses, physicians, IT project management contractors, supplemental rehabilitation therapists, certified surgical assistants, pharmacy staff, IT staff, and other allied healthcare professionals. It also provides anaesthesia department management services along with healthcare executive search and advisory services.

The companies key strategy is to constantly offer training and the necessary resources to its existing workforce to offer quality services to its employees. It helps curb attrition, as well as, attract talents through personal reference by current working associates.

Maxim Healthcare Services

Maxim Healthcare Services was the fifth largest healthcare staffing service providers in the healthcare staffing market in the US in 2015. Founded in 1988, the company offers a comprehensive range of services and quality care. Headquartered in Columbia, Maryland, the company offers healthcare staffing and administrative personnel services to hospitals, nursing homes, school systems, and correctional facilities. The company operates through various business divisions in the market, spread throughout the US at about 360 locations.

The company offers medical staffing, home health, and wellness services in communities in the country. It also offers in-home personal care, therapists, management and/or treatment of a variety of conditions by skilled nurses, home health aides, and medical social workers. The company also provides non-medical or companion care services to assist senior citizens and other individuals. It also offers staffing services such as government staffing, physician and dental staffing, allied health staffing, administrative staffing, pharmacy staffing, executive placement, nurse staffing, clinical research consulting and staffing, health information management/medical coding, and therapy staffing in medical facilities.

The other emerging vendors in the market include Accountable Healthcare Staffing, Aya Healthcare, Favorite Healthcare Staffing, InGenesis, Healthcare Staffing Services, Medical Solutions, MedPartners, Parallon Workforce Management Solutions (HCA), Soliant Health (Adecco), trustaff, Vista Staffing Solutions

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Top Countries having the major market share in Luxury Packaging Market

Luxury Packaging Market | Beige Market Intelligence

Luxury Packaging

Luxury Packaging can be defined in both ways including the packaging type or packaging luxury products. When it comes to Luxury products generally the luxury products are considered luxury when they are of the highest quality and have the strength and weight required to maintain pack integrity. Packaging enables brands to interact with consumers before they even purchase the product. Having an appealing packaging is a vital element to consider for the product's packaging redesign.

Luxury Packaging Market segmentation by Geography

The Global luxury packaging market – Strategical Analysisand Forecast till 2021 research report published by Beige Market Intelligence provides the market sizing, Market forecast, Growth factors, emerging trends of the worldwide luxury packaging market. On the basis of geographic segmentation, the research report gives a detailed study of the luxury packaging market of the following regions.

Geographic Analysis Of Luxury Packaging Market | Beige Market Intelligence

The top countries who are having an accountable market share in Luxury Packaging market are

The US

 The US is the largest luxury market in the world with a revenue share of approx.  21.5%. It is home to half of the brand of North America region almost 50% of the total market. US is also a key hub for tourist shopping, particularly, attracting tourists from Latin America and APAC. The luxury packaging market in US is forecasted to reach a growth of 3.51% over the period 2016-2021. Mostly Personal Care products, food and beverages (both alcoholic and non-alcoholic) are a major share having an accountable share of revenue in the luxury packaging market. Paper and paperboard is the widely used packaging material for luxury packaging in US, followed by rigid plastics, metal and glass. The region is also a hub for luxury packaging manufacturers with four out of five leading manufacturers headquartered in US.

China

China is the world’s second largest consumer of luxury goods and second largest luxury packaging manufacturer in the world. Hosting one of the most remarkable manufacturing growth story of the past three decades, China is truly the powerhouse of the world. Rise in disposable incomes, favourable regulatory regime and trade policies, easier access and cheaper availability of factors of production has made the country a key manufacturing hub for luxury goods. Educated, well-travelled and tech-savvy, this generation of shoppers are soon emerging to be the ideal target market for gourmet food and beverage products, leather goods, fashion accessories and premium beverages. Though the country is the largest consumer of luxury goods, the goods are not completely manufactured or sourced from within the country. Although all the luxury brands have a Chinese manufacturing presence, these luxury goods often are termed to be expensive when compared to beyond the boundary purchases.  With the robust demand for luxury goods comes the demand for effective packaging solutions. The demand for luxury packaging is estimated to reach approx.  $4.38 billion by 2021, growing at a CAGR of 7.16% in terms of revenue. Paper and paperboard packaging followed by rigid plastics are the widely used packaging types for luxury goods and constitute a major part of the packaging market in terms of revenue.

Japan

Japan’s GDP is the third highest in the world and has few large manufacturing industries including automobiles and electronics. Although the nation is hugely dependent on imports of raw materials, they handle the manufacturing well using advanced technologies. Japan is among the leading consumers of luxury goods that range from alcoholic beverages, cosmetics, personal care products and leather goods. Japan stands as the third largest luxury market in the world behind US and China. With Japanese economy struggling to just retain its anemic growth of 1-1.5%, the demand for luxury goods moderated with demand contracting in certain product segments such as jewellery and general leather goods.Paper and paperboard packaging remains to be the widely used packaging variant for luxury goods, followed by rigid plastics and flexibles. The pulp and paper products consumption in Japan is quite high.

India

India has another remarkable growth story that has been predominantly driven by domestic consumption. Driven by rapidly rising disposable incomes, growing purchasing power of the middle class in tier-1 to tier 3 cities, young aspirational population, increased brand awareness among the youth, there has been a rapid rise in demand for luxury goods and services. Leather goods, fashion accessories, gourmet food and beverages, alcoholic drinks, jewellery, cosmetics and fragrances constitute the major luxury good segments in the country. Paper and paperboard remain to be the widely used variant for packaging of luxury goods in the country, constituting a revenue share of 41%, followed by rigid plastics (22%).Almost all the major luxury packaging vendors have presence in the country either through joint ventures or on a standalone basis, and are constantly expanding their operational capabilities to match to the dynamic requirements of the end use consumer.

The report gives a detailed analysis of other major areas such as Eastern Europe, Western Europe , Mexico, Russia, Brazil, Nigeria, South Africa to name a few.

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Top Vendors in Mobility Scooter Market – What has been their key strategies and what are their key opportunities

A recent research report “Global Mobility Scooter Market –Strategic Assessment and Forecast till 2021” published by Beige Market Intelligence provides an in depth analysis of the worldwide mobility scooter market. The report outlines the market size and growth aspect of major product segment by design, by wheels and by geographic segmentation.

The report provides a detailed strategy and product portfolio of the major vendors in the Mobility Scooter Market.

Mobility Scooter Market Research Report | Beige Market Intelligence

Drive Medical Design and Manufacturing

Drive Medical founded in 2000, based in New York, US is a manufacturer of durable medical equipment. It is a private company focused on innovation and design of durable medical equipment for a broad spectrum of healthcare needs. The company provides a wide product portfolio of durable medical equipment, which include mobility products, bariatric products, beds, wheelchairs, respiratory equipment, sleep surfaces and pressure prevention products, self-assist products, power scooters, power wheelchairs, paediatric products, rehabilitation products, patient room equipment, electrotherapy devices, and personal care products

Key Strength, Strategy and Key Opportunities

The company has a diverse geographical presence with corporate offices and distributor locations spread across the US, the UK, Canada, Germany, Romania, China, and Taiwan. The strategic location of these distributor offices ensures that the company has the widest market reach across key markets. 

The company adopts a unique sales channel approach wherein it emphasizes on selling its product range to wholesalers and retailers rather than directly to consumers.

Penetration into the global market, is one of the key opportunities. As certain areas are yet not being invaded by the company.

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Golden Technologies Inc.

Golden Technologies founded in 1985, headquartered in Old Forge, Pennsylvania, US is a privately-owned manufacturer of lift chairs, power wheelchairs, and scooters. It has the largest factory in the world, which is solely dedicated to manufacture lift chairs. It provides a wide range of product portfolio from portability to luxurious to heavy duty scooters. The company’s skilled designers blend the superior designs with the most technically advanced components to provide the quality, style, comfort, and performance.

Key Strength, Strategy and Key Opportunities

It is among the world’s largest manufacturer of powered lift and recline charges with clear ambitions to expand its global presence. The company emphasizes on creating contemporary and user-desirable designs that not only are unique but also are customizable.

Despite having a significant presence in the US, the company has limited reach across the boundary. The company can work on enhancing its brand reach through other channels.

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Pride Mobility

Pride Mobility Products Corp. founded in 1986, headquartered in Exeter, Pennsylvania is a designer and manufacturer of mobility products. It has manufacturing facilities in North-eastern Pennsylvania and distribution centers throughout the US and subsidiaries around the world, including the UK, Canada, Australia, the Netherlands, Italy, and New Zealand. The company includes Jazzy Power Chairs, Go – Go Travel Mobility, Pride Mobility Scooters, and Pride Lift Chairs and Ramps. The Jazzy product line has revolutionized the industry in manoeuvrability and style.

Key Strength, Strategy and Opportunities

The company has a broad range of mobility products that include lift chairs, ramps, power chairs, and mobility scooters with a decent product depth.

It owns some of the strongest mobility products brands such as Jazzy Chairs, Go-Go Travel mobility, and Pride Mobility scooters. The company adopts a multi-pronged strategy to further its interests in the mobility equipment space. It constantly focuses on innovation by enhancing the capabilities of its products and sufficiently safeguarding them through patenting.

The company could build partnership and work more towards keeping its reputation high in order to penetrate the market till 2021.

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The report also covers the key strength, strategies and opportunities for other vendors such as Sunrise Medical, and Electric Mobility.

Some of the other prominent vendors featured in the report are Amigo Mobility International, Invacare, Afikim Electric Vehicles, Van Os Medical, Hoveround Corp., Roma Medical, Merits Health Products, Kymco, TGA Mobility, and Vermeiren International.

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North America to remain in the dominant position in the Patient Temperature Management Market till 2021

Patient Temperature Management Market | Beige Market Intelligence

North America accounts for the largest share of the Patient Temperature Management market and is expected to continue in the near future. This dominance can be attributed to a large number of surgical procedures that are taking place in the region. Mostly the market penetration is in the two major countries in the US and Canada.

A recent report published at Beige Market Intelligence provides an in depth analysis of the Patient Temperature Management Market. The report along with the market growth by products and end user segment also gives a detailed analysis of the major regions holding the accountable number of market shares. The report has also outlined the factors which are going to drive the market for the forthcoming years.

The report says In 2011, more than 1.2 million hip and knee replacement surgeries were performed in the US and this number is estimated to cross approximately 3.5 million by 2030. This figure shows the increased use of Patient Temperature Management systems.

The American Society for Aesthetic Plastic Surgery and Canadian Institute for health Information confirms that more than 2,00,0000 surgeries took place together only in Canada and US till 2013. (Exact figure and information available in the report). It gives a clear indication about the expected increase in use of Patient Temperature Management Devices.  Furthermore, factors such as rise in number of surgical centers, high incidences of cardiac arrest and neurological disorders, and high adoption rate of technologically advanced products in North America can be attributed for the highest market share of North America.

Patient Temperature Management Market in US

The US holds the largest share in the patient temperature management market in North America. The market in the US is primarily driven by high incidences of various diseases such as neurological disorders and cardiac arrests, rise in aging population, adoption of technologically advanced patient warming and cooling systems, to name a few to improve healthcare infrastructure.

According to the American Medical Association (AMA) nearly 60% of the population aged above 65 years will be suffering from more than one chronic disorder by 2030. Furthermore, more than 85% of the population in this age die from heart disorders every year. Certain surgical procedures are required to be performed for the treatment of age-related disorders. Also large volumes of surgical procedures are being carried out in the country.

The increasing prevalence of chronic disorders such as heart diseases and brain strokes in the US will continue to boost the growth of the patient temperature management market during the forecast period.

View the Report “Global Patient Temperature Management Market – Strategic Assessment and Forecast Till 2021”.

Patient Temperature Management Market in Canada

The patient temperature management market in Canada is likely to increase due to high incidence and prevalence of strokes in Canada during the forecast period. 

It is estimated that more than 50,000 strokes (one stroke in every 10 minutes) occur in Canada every year. In 2012, approx. 6% (nearly 14,000) of deaths in Canada resulted due to strokes (Source: Statistics Canada). Also, the risk of strokes doubles every 10 years after an individual reaches 55 years of its age (Source: Heart and Stroke Foundation of Nova Scotia, Canada). 

In addition, growing number of surgeries is further accelerating the growth of the market. According to the Canadian Institute for Health Information (CIHI), almost 500,000 Canadians underwent priority surgical procedures and specialized treatments in 2012, which was an increase as compared to 2011. Also, initiatives by the government to increase the number of highly qualified and skilled surgeons in Canada is also supporting the growth of the market. For instance, the Royal College of Physicians and Surgeons of Canada in 2012 initiated the Future of General Surgery Project with an aim to ensure that all graduates undergoing Canada’s General Surgery residency programs were well prepared to deliver surgical care in various practice settings across the country.

 According to the report after North America, Asia-Pacific region is expected to grow. Europe is expected to grow at a slow pace amongst all the geographies.  The report provides a detailed analysis of the market size and growth aspect of the major regions. It includes a detailed analysis of the strategies used by major vendors in the market along with the emerging vendors analysis.

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Connected cars to drive the growth of automotive PCB market

Automotive Industry

The automotive industry is witnessing structural changes since the past decade in the form of engine downsizing, electrification of automotive mechanism, emission regulations, connectivity and safety. One of the key trends that is influencing the automotive industry is the electrification of vehicles. As the adoption of electronics increases in the automotive application, the demand for automotive grade PCBs are expected to grow.

PCBs in Automotive Industry

PCBs are essential components in electronic devices. A PCB is a copper based board on which electrical wires are printed. These electrical wires are connected to other electronic components on the board. PCBs are used to upkeep and electrically connect all electronic components through conductive paths. Hence, the demand for PCBs is directly correlated to the growth of the automotive electronics industry and indirectly correlated to growth in vehicle shipments. PCBs play a very important role in the automotive electronics industry, as they form the fundamental structure for electronic connectivity. Hence as the usage of electronics increase in vehicles is going to increase the demand for PCBs.

Connected Cars and Automotive PCB Market Growth

A connected car is a car that is equipped with Internet access, and usually also with a wireless local area network. This allows the car to share internet access with other devices both inside as well as outside the vehicle.  Connected Cars are taking advantage of the rise of smartphones, and apps are available to interact with the car from any distance. Users can unlock their cars, check the status of batteries on electric cars, find the location of the car, or remotely activate the climate control system.

Now a days automotive industry is more concentrating towards technologies which are primarily involved in developing the car’s ability to connect with the other vehicles and devices to enhance the driving experience. To achieve this, Mobile operators and automakers collaborate to deploy network technologies that support widespread, high-bandwidth connectivity and enable remote management of the vehicle with the SIM card. Thereby a connected vehicle ensures optimizing the operation and maintenance of the vehicle as well as enhancing the convenience and comfort of passengers.

According to Embedded Computing Design, It is expected that 60% of vehicles will be connected by 2025 leading to increased demand for PCBs in automotive. As connected cars will use integrated circuits to establish a connection and communicate with other devices, the need for PCBs is expected to increase. The demand for automotive grade PCBs is expected to increase due to an increase in electronic content in vehicle, introduction of advance ADAS and infotainment in mass mid-segment vehicles and adoption of connected car concept.

For more information about Automotive PCB Market growth and driving factor view the 170 page report published by Beige Market Intelligence.

Strategic Assessment of Worldwide Automotive PCB Market and ForecastTill 2021.

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