Multi-Player Format to Witness Significant Adoption in India Online Game Market till 2024

Rising youth population, availability of low-cost smartphones and launch of new game formats to drive India online game market through 2024

According to TechSci Research report, “India Online Game Market By Device, By Player Format, By Game Model, Competition, Forecast & Opportunities, 2024”, India online game market is expected to register strong growth during 2019-2024, as more and more people are getting inclined towards online games for entertainment. Sophisticated gaming techniques and increasing consumer disposable income are driving the online game market of India, which is the second largest smartphone market. Moreover, government focus to provide affordable high-speed internet is anticipated to positively influence the country’s online game market during forecast period.

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India online game market can be segmented based on device, player format, game model and region. In terms of device, the market can be categorized into console, PC and mobile. On account

of increasing penetration of smartphones, mobile is the most lucrative segment in the country’s online game market. Based on player format, the market can be bifurcated into single player and multi-player. Now a days, more and more people are opting for multi-player, as it offers opportunity for social interaction and engages more gamers.

AGTech Holdings Ltd., Tencent, StomStudio, Nazara Technologies, EASport, 2K Games, Inc., Gameloft, Ubisoft, Rockstar North and Zynga are some of the leading players operating in India online game market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share. The country has more than 250 game development companies, from mere 25 companies in 2010. Additionally, government initiatives, such as Start-Up India, are encouraging new start-ups in the online game market.

“Online game market in India is expected to grow at a double-digit CAGR during forecast period, owing to the presence of favorable demographics, surging smartphone user base and increasing penetration of internet.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Online Game Market By Device, By Player Format, By Game Model, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of India online game market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India online game market.

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North America Wireless Headsets Market Forecast & Opportunities, 2023

Middle East & Africa Lipstick Market Forecast & Opportunities, 2023

Industrial Application to Lead Europe LV/MV Transformers Market till 2024

Replacement of ageing transformers with energy-efficient transformers coupled with rising focus of governments of various countries to increase power generation through renewable energy to drive Europe LV/MV transformers market through 2024

According to TechSci Research report, “Europe LV/MV Transformers Market By Type, By Configuration, By Application, Competition, Forecast & Opportunities, 2014 – 2024’’, LV/MV transformers market in Europe is forecast to reach $ 1.7 billion by 2024, on account of rising focus of governments of various European countries towards environment sustainability. Governments are announcing various regulations and initiatives for the same. Additionally, countries such as Germany, Spain, and Italy are installing renewable energy at a faster pace and also providing incentive policies for their adoption. Furthermore, replacement of ageing transformers with energy efficient transformers would positively influence Europe LV/MV transformers market during forecast period

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Industrial application accounted for the largest share in Europe LV/MV transformers market in 2018 and is likely to maintain its dominance during forecast period as well, on account of increasing industrialization and investments in the region. Among countries Germany, Russia and France are the major demand generating countries in the region owing to rising renewable energy installations, increasing investments in transmission & distribution sector and upgradation of age-old transmission & distribution infrastructure in these countries. Some of the major players in Europe LV/MV transformers market are ABB Ltd., Siemens AG., General Electric, CG Power and Industrial Solutions Limited, Schneider Electric SE, Eaton Corporation plc, Legrand SA, Mitsubishi Heavy Industries, Ltd., Hitachi Ltd., among others.

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“Factors like growing installations in renewable energy, establishment of various new trans-European energy networks such as North Sea Offshore Grid (NSOG), North-south electricity interconnections in western Europe (NSI West Electricity) are fueling growing in Europe LV/MV transformers market. Moreover, increasing per capita electricity consumption coupled with growing demand for uninterrupted power is further expected to propel demand for LV/MV transformers across Europe over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.  

“Europe LV/MV Transformers Market By Type, By Configuration, By Application, Forecast & Opportunities, 2014 – 2024’’ has evaluated the future growth potential of Europe LV/MV transformers market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in Europe LV/MV transformers market.

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India Readymade garments Market to grow at a decent pace between 2019-2024

Increasing middle class population coupled with changing lifestyle of the people in India to bolster India readymade garments market growth through 2024

According to a recent report published by TechSci research on “India Readymade Garments Market By Type, By Material, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024” India readymade garment market is expected to grow at a steady pace during forecast period. The growth of the market can be majorly attributable to the changing fashion trends and increasing retail penetration. Moreover, growing service class and increasing share of the designer wear is further positively impacting the growth of readymade garment market in India.

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In terms of type, India readymade garment market is categorized into kid’s wear, men’s wear and women’s wear. Among the types, the men’s wear category accounted for a significant portion of India readymade garment market in 2018 and it is predicted to lead the market during forecast period as well. The growth of this category is can be attributed sex ratio of the country, which is predominantly male. Moreover, the per capita earning of the male population in the country is higher than that of its female counterpart, which is further driving the growth of the men’s readymade garment market in India.

On the basis of distribution channel, the India readymade garment market is categorized into store-based retail and non-store-based retail, of which the former garnered the majority share in the market in 2018 owing to easy access of the consumers to the stores and the consumers’ preference for checking the garments in the store than online. The non-store-based retail is witnessing a healthy growth owing to the growing popularity of the e-commerce market. Moreover, e-commerce and technology are transforming this category with new user experiences, where luxury brands and small start-ups are racing to embrace e-commerce, thereby making this channel even stronger.

“India readymade garment market is anticipated to witnessing steady growth over the course of next five years. The growth of this category is majorly attributable to the rising preference of people towards readymade garments over the tailormade one’s. Moreover, the exports of readymade garments from India have significantly increased over the past few years, which is further bolstering the growth of the readymade garments market in India.” said, Mr. Karan Chechi Research Director with TechSci Research, a research-based global management consulting firm.

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“India Readymade Garments Market By Type, By Material, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024,” has evaluated the future growth potential of the India readymade garments market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the India readymade garments market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 India clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Increasing Oral Problems to Aid Growth of Asia Pacific Electric Toothbrush Market

Advancements in technology to bolster Asia-Pacific electric toothbrush market through 2024

According to a report published by TechSci Research on “Asia-Pacific Electric Toothbrush Market By Bristle Type, By Head Movement, By End User, By Sales Channel, By Country, Competition, Forecast & Opportunities, 2024”, Asia-Pacific electric toothbrush market size is predicted to grow at a decent pace throughout the forecast period. The growth of the market is majorly attributable to the growing technological advancements in the consumer electricals industry. Moreover, rising prevalence of periodontal diseases is another major factor driving the demand for electric toothbrush. Additionally, growing oral health concerns among patients owing to periodontal diseases or periodontitis are pushing the users to adopt various oral hygiene products to prevent swelling of gums, which in turn, is driving the demand for electric toothbrushes.

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In terms of end user, the Asia-Pacific electric toothbrush market is categorized into adult and children. Among the end users, the adult category accounted for majority of the Asia-Pacific market for electric toothbrush in 2018 and it is predicted to remain as the dominant category during forecast period as well. The growth of the category is majorly due to oral complications being more prevalent among the adults.

In terms of distribution channel, the electric toothbrush market is categorized into store-based retail and non-store-based retail, of which the former accounted for majority share in the market, in 2018. However, non-store-based retail is also witnessing healthy growth owing to growing popularity of the e-commerce market. Moreover, e-commerce and technology are transforming this category with new user experiences, where existing brands and small start-ups alike are racing to embrace e-commerce, making this channel even stronger.

In terms of countries, the Asia-Pacific electric toothbrush market is categorized into China, India, Japan, South Korea, Australia and Indonesia. Among the countries, China is predicted to be the largest market for electric brushes in Asia-Pacific on account of quick adoption of new technologies among the people of the country.

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“Asia-Pacific electric toothbrush market is anticipated to witness a positive growth landscape over the course of next five years. The market is growing owing to rising demand for electric toothbrushes owing to their various benefits in comparison to manual brushes. Moreover, other features of electric toothbrush such as pressure sensor technology, head replacement reminder, and real-time data transfer to smart gadgets are further expected to push their demand across the region.“ said, Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“APAC Electric Toothbrush Market By Bristle Type, By Head Movement, By End User, By Sales Channel, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of the Asia-Pacific electric toothbrush market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Asia-Pacific electric toothbrush market.

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TechSci Research is a leading Asia-Pacific market research firm publishing premium market research reports. Serving 700 Asia-Pacific clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking Asia-Pacific and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Blow Fill Seal Technology Market to Worth Over $ 466 Million by 2024

Rising demand for aseptic packaging from pharmaceutical industry coupled with increased focus on replacing glass vials to boost global blow fill seal technology market through 2024 According to a report released According to a report released at TechSci Research, “Global Blow Fill Seal Technology Market By Raw Material, By Type, By Machine Type, By Product, By End-User, By Region, Competition, Forecast & Opportunities, 2024” the global blow fill seal technology market is projected to grow from $ 350 million in 2018 to $ 466.22 million by 2024. Growth of the market is led by increasing application of blow fill seal technology in pharmaceutical industries for packaging. Moreover, rising focus on safe and hygienic pharmaceutical packaging coupled with increasing demand for single dose packaging to avoid the use of preservatives is further boosting demand for blow fill seal technology. However, fluctuation in cost of raw materials required to manufacture blow fill seal containers might restrict the growth of the market.

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The blow fill seal technology market can be broadly segmented as type, raw material, machine type, product, end-user and region. Based on raw material, the market is categorized into Low – Density Polyethylene (LDPE), Polypropylene (PP), High-Density Polyethylene (HDPE) and Others. Of all, LDPE accounts or the majority share in the market owing to its rising demand for replacement of glass products. Further, based on product, the market for blow fill seal technology has been segmented into vials, ampoules, bottles and prefilled syringes & injectables. Among these, the vials segment led the global market in 2018 and accounted for a market share of approximately 38% on account of growing use of vials in ophthalmic solutions and inhalation products.

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 “Regionally, the market has been segmented as North America, South America, Europe, Asia-Pacific and Middle East and Africa. Among these, Asia-Pacific accounts for the largest share in global blow fill seal technology on account of increasing use of blow fill seal technology in pharmaceutical sector, especially in liquid formulations in the region. Moreover, demand for blow fill seal technology is increasing in developed as well as developing countries, such as Japan, China, India, Australia, South Korea, among others, thereby further fuelling growth in the market.” stated Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Blow Fill Seal Technology Market By Raw Material, By Type, By Machine Type, By Product, By End-User, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global blow fill seal technology  market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities present in the global blow fill seal technology market.

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North India to Generate High Demand for Washing Machines through 2024

Increasing disposable income along with growing consumer electronics industry to drive India washing machine market through 2024

According to TechSci Research report, “India Washing Machine Market By Product Type, By Machine Capacity, By Technology, Competition, Forecast & Opportunities, 2024”, India washing machine market is projected to grow at a CAGR of over 4% during 2019-2024. India washing machine market is driven by rise in disposable income and improvements in rural electrification. Moreover, increasing affordability of washing machines and rapid urbanization is further fueling growth in the market. Additionally, rising need for differentiated products and services have led to an upsurge in investments for R&D activities.

In terms of technology, India washing machine market is categorized into smart connected washing machine and conventional washing machine. Of which, smart connected washing machines are predicted to grow at a swift rate during the forecast period. The growth of the smart connected washing machine category is majorly due to the increasing adoption of technologically advanced products in the country. Moreover, the price difference between smart connected washing machine and conventional washing machine has decreased to a great extent, which is helping the brands to pitch aggressively for the former.

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Based on machine capacity, India washing machine market is divided into below 6 kg, between 6-8 kg, and 8 kg and above. The 6-8 kg machine capacity is the most lucrative segment, as it offers better energy efficiency and higher value for money, in terms of laundry washing. Regionally, India washing machine market is categorized into North, East, South and West. Among these regions, the North India accounted for a significant portion of India washing machine market in 2018.

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“India washing machine market is anticipated to register a steady growth over the course of next five years. Growth in the market is led by increasing disposable income in the country along with growing consumer electronics industry. Moreover, technological advancements in washing machines, such as smart washing machines are further anticipated to bolster the growth of the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Washing Machine Market By Product Type, By Machine Capacity, By Technology, Competition, Forecast & Opportunities, 2024”, has evaluated the future growth potential of India washing machine market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India washing machine market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Australia Tractor Market to Grow at CAGR of Over 9% During the Forecast Period

Growing agriculture industry, increasing labor cost and rising population to drive Australia tractor market through 2024

According to TechSci Research report, “Australia Tractor Market By Tractor Type, By Power Output, Competition Forecast & Opportunities, 2014 – 2024”, tractor market in Australia is projected to reach over $ 1.1 billion by the end of 2024. Growing agriculture industry coupled with rising labor cost and increasing technological advancements in tractor manufacturing processes are among the major factors expected to fuel the country’s tractor market. In addition, rising population, growing demand for mini tractors and strong infrastructure developments are anticipated to intensify the tractor market over the course of next five years. John Deere Limited (Australia), Kubota Australia Pty Ltd., AGCO Australia Limited and CNH Industrial Australia Pty Limited are the major players operating in Australia tractor market.

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With nearly one third of the market share in volume terms, tractors with power up to 39 HP dominated the country’s tractor market in 2018. Over the coming years, this segment is expected to maintain its market dominance, as major companies such as Kubota, John Deere, and New Holland are expanding their product portfolio and preference of farmers for these tractors is increasing. Queensland holds the largest share in Australia tractor market, on account of highest proportion of the agricultural land in the region. Growing presence of various companies such as Kubota, John Deere, Massey Ferguson and Mahindra through their strong dealer and distribution network in the country is expected to fuel Australia tractor market during the forecast period. Additionally, growing government support in the agricultural sector and easy availability of financing options are likely to boost demand for tractors in the country through 2024. 

“With growing construction and agricultural sectors, demand for tractors is expected to increase in Australia in the coming years. Moreover, increasing focus of automakers towards manufacturing affordable yet reliable tractors, along with growing preference of agricultural machinery manufacturers towards small-sized tractors, is expected to have a positive impact on Australia tractor market during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Australia Tractor Market By Tractor Type, By Power Output, Competition Forecast & Opportunities, 2014 – 2024” has analyzed the potential of tractor market in Australia, and provides statistics and information on market size, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the industry.

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