APAC Refrigerator Market to Grow at Decent Pace through 2024

Technological advancements and increasing disposable income to drive APAC refrigerators market through 2024

According to a report published by TechSci Research on “APAC Refrigerators Market By Capacity, By Refrigerator Door Type, By Freezer Location, By Country, Competition, Forecast & Opportunities, 2024”, APAC refrigerator market is anticipated to witness steady growth during the forecast period on account of rising use of eco-friendly and energy-efficient technologies in refrigerators. Top mounted freezer is the most widely adopted types of refrigerators for household applications. The segment accounted for about half of the overall APAC refrigerators market in 2018. Freezer less type is often less preferred as it is used for storage of beverages only. For storage and preservation of food and food products, either of the top mounted freezer or bottom mounted are used. The two segments are anticipated to exhibit healthy growth rates during the forecast period.

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Owing to the presence of numerous global and regional players, APAC refrigerator market appears to be highly fragmented. The market is currently dominated by global players such as Samsung Electronics and LG Electronics, that are focusing on expanding their footprint across the world, especially in the developing countries in APAC. As a result, regional players find it difficult to compete in the market, particularly based on the factors such as product quality, technology, and pricing. An increase in product/service extensions and technological innovations will intensify the level of competition in the market. International players are also anticipated to grow inorganically during the forecast period by acquiring regional or local vendors.

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“APAC refrigerator market is expected to witness a positive growth landscape over the course of next five years. The market for refrigerators in the APAC is growing owing to technological advancements in the industry in the region. Additionally, with the invention of smart refrigerators and increasing disposable income of the consumers, APAC refrigerator market is further expected to gain a significant boost in the region during forecast period.” said, Mr. Karan Chechi, Research Director with TechSci Research, a research based APAC management consulting firm.

“APAC Refrigerators Market By Capacity, By Refrigerator Door Type, By Freezer Location, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of the APAC refrigerator  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 APAC refrigerator market.

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Global Air Conditioners Market By Product Type (Light Commercial Air Conditioner, Ductable Splits, VRF, Chiller and Others), By Region (Asia-Pacific, North America, Europe, South America and MEA), Competition Forecast & Opportunities, 2013 - 2023

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Global Freezers Market, By Product Type (Chest Freezers and Upright Freezers), By Capacity (200L & Below, 200L-300L, 300L-500L and 500L & Above), By Application (Residential, Commercial, and Industrial), By Door Type (1 Door and Others), By Company and By Geography, Forecast & Opportunities, 2024

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About TechSci Research

TechSci Research is a leading APAC market research firm publishing premium market research reports. Serving 700 APAC 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 APAC and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Passenger Car to Dominate Asia-Pacific Automotive Cybersecurity Market through 2024

Growing number of connected vehicles and electronic content per vehicle to drive Asia-Pacific automotive cybersecurity market through 2024

According to TechSci Research report, “Asia-Pacific Automotive Cybersecurity Market By Vehicle Type, By Type, By Security, By Solution, By Application, By Country, Competition, Forecast & Opportunities, 2024”, Asia-Pacific automotive cybersecurity market is projected to grow at an impressive CAGR during forecast period on account of growing adoption of advanced vehicles technologies, such as connected cars, automation, self-driving cars, etc., along with surging integration of electronics in vehicles. Owing to increasing trend of digitization, companies have started relying on the digital data, thereby escalating the requirement of automotive cybersecurity. Moreover, with the advent and skyrocketing sales of connected cars, there is increased risk for attacks in various parts of the automobile, which is further likely to drive demand for automotive cybersecurity across Asia-Pacific during forecast period.

Browse market data Tables and Figures spread through 80 Pages and an in-depth TOC on "Asia-Pacific Automotive Cybersecurity Market"

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Asia-Pacific automotive cybersecurity market can be segmented based on vehicle type, type, security, solution and application. In terms of vehicle type, the market can be segmented into passenger car, light commercial vehicle and heavy commercial vehicle. In 2018, passenger car segment witnessed extensive adoption of automotive cybersecurity and dominated the market. This was due to the increasing use of vehicle connectivity for navigation, voice recognition and infotainment services, among others, thereby elevating the demand for protecting crucial data from hackers. On the basis of application, the market can be segmented into telematics, infotainment, safety systems, communication and on-board diagnostics. Of all, communication application segment is growing at a fast pace, due to increasing deployment of technologies in vehicles as these technologies allow vehicles to connect with other vehicles.

Major players operating in Asia-Pacific automotive cybersecurity market are Denso Corp., Argus Cyber Security Ltd. (a Continental AG company), Robert Bosch GmbH, Lear Corporation, Symantec Corp., NXP Semiconductors N.V., TowerSec Inc. (a Harman International Industries Inc. company), Vector Informatik GmbH, Trillium Secure, Inc. among others. Companies operating in the market are adopting organic and inorganic strategies such as product launch, investments & expansions and agreements & contracts to ensure growth in the market.

“Asia-Pacific automotive cybersecurity market is anticipated to witness growth over the coming years on account of surging adoption of connected vehicles along with increasing vehicle production across the region. Moreover, several automotive component suppliers and OEMs are entering into the economies such as China and India, which is further expected to drive growth in Asia-Pacific automotive cybersecurity market during forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Asia-Pacific Automotive Cybersecurity Market By Vehicle Type, By Type, By Security, By Solution, By Application, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of Asia-Pacific automotive cybersecurity 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 decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Asia-Pacific automotive cybersecurity market.

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Linear Alpha Olefins Market to Grow at Brisk rate during 2019-2024: TechSci Research

Growing demand for poly-alpha-olefins which are used as synthetic lubricants in automobile engines and polyethylene (used in the packaging industry) to boost global linear alpha olefins market through 2024

According to TechSci Research report, “Global Linear Alpha Olefins Market By Type, By Application, By End Use Industry, By Region, Competition, Forecast & Opportunities, 2024’’, global linear alpha olefins market is projected to grow at a steady rate during the forecast period on account of growing demand for linear alpha olefins in various end user industries due to their properties such as natural lubricity, high thermal stability and low volatility. Generally, the use of linear alpha olefins depends upon the size of the chain, like carbon chain length, from 1-C4 to 1-C8 are preferred for the production of polyethylene and long chains such as 1-C12 to 1-C14 are used in the production of detergent and lubricants. Moreover, easy availability of raw materials that are used for the production of linear alpha olefins is anticipated to drive global linear alpha olefins market through 2024.

Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on "Global Linear Alpha Olefins Market"

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The market of linear alpha olefins can be segmented based on type, application, end use industry and region. Linear alpha olefins are unsaturated hydrocarbons and based on the type can be segregated into 1-butene, 1-hexene, 1-octene,1-decene, 1-dodecene and others. In 2018, 1-hexene acquired the major share in the market and the trend is likely to continue during forecast period as well. This is due to the growing demand for synthetic lubricants which find application in automobile industry, thereby driving growth of this segment. Based on the application, demand for Linear low-density polyethylene (LLDPE) is anticipated to increase in the forthcoming years due to its low production cost, high clarity and elongation & softness.

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North America is the one of the major markets of linear alpha olefins market on account of  the presence of major players in the region and rising demand for linear alpha olefins from various verticals such as automotive, chemical, consumer, among others. “Some of the companies operating in the linear alpha olefins market include Royal Dutch Shell Plc., Sasol Limited, Qatar Chemical Company Ltd (Q-Chem), Chevron Phillips Chemical Company, The Dow Chemical Company, Idemitsu Kosan Co.Ltd, The Linde Group, Exxon Mobil Corporation, INEOS Oligomers, among others. Players operating in the market are focusing on maintaining relationship with raw material suppliers and product development in order to register growth in the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Linear Alpha Olefins Market By Type, By Application, By End Use Industry, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global linear alpha olefins market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends along with drivers, challenges and opportunities in global linear alpha olefins market.

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Commercial Sector to Witness Growth in Global Gypsum Board Market through 2024

Increasing investment in construction sector, rapid industrialization coupled with supporting government policies to drive global gypsum board market through 2024

According to TechSci Research report, “Global Gypsum Board Market By Type, By Thickness, By Application, By Region, Competition, Forecast & Opportunities, 2024”, global gypsum board market is expected to grow at a CAGR of close to 6% during the forecast period on account of its increasing demand in the construction sector. Gypsum boards are witnessing adoption in the construction and infrastructure industry on account of its quality, versatility, non-combustible core and its exceptional feature of providing sound control. With rising population across the globe, the demand for commercial and domestic building constructions is also increasing, which is fuelling demand for the construction of buildings and repair activities. However, high cost of machinery, raw material, other substitute products and improper transportation facilities, are likely to hamper the growth of gypsum board market during the forecast period.

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" Global Gypsum Board Market"

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Global gypsum board market is segmented based on type, thickness, application, region and company. Based on type, the market can be segmented into wall boards, ceiling boards and pre-decorated boards and others. In 2018, wall boards represent the largest segment of global gypsum board market followed by pre-decorated boards, however, pre-decorated boards are expected to witness the highest growth until 2024. Based on application, the market can be categorized into residential sector, institutional sector, industrial sector and commercial sector. In 2018, residential sector was the dominant end-user segment in global gypsum board market. This can be attributed to the increasing affordable housing projects worldwide. Residential sector is followed by commercial and institutional sectors. Commercial sector is estimated to witness growth opportunities during forecast period. Increasing acoustic and thermal insulation requirement for commercial structures such as theaters, malls, shops and food centers are expected to be the primary driver for the growth of the market during the forecast period.

American Gypsum, BGC (Australia) Pty Ltd, USG Corporation (KNAUF), Beijing New Building Material Public Limited Company (BNBM Group), Chiyoda Ute Co. Ltd, Continental Building Products, Georgia-Pacific LLC, Global Gypsum Board Co. LLC (Gypcore), Jason Plasterboard (Jiaxing) Co. Ltd, PABCO Building Products LLC, Osman Group, Saint-Gobain, among others are some of the leading players operating in global gypsum board market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“Asia-Pacific is expected to be the largest as well as the fastest growing market for gypsum board during the forecast period, owing to the rapidly increasing construction activities in the region. Moreover, increasing construction spending coupled with strong demand for institutional buildings in economies such as China, India, among others is further expected to drive Asia-Pacific gypsum market over the next few years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Gypsum Board Market By Type, By Thickness, By Application, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global gypsum board 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 global gypsum board market.

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China to Lead APAC Shipping Containers Market through 2024

Growing containerized trade and rapid industrialization to bolster APAC shipping container market growth through 2024

According to a report published by TechSci Research on “APAC Shipping Container Market By Size of Container, By Product Type, By Goods Transported, By Country, Competition, Forecast & Opportunities, 2024”, APAC shipping container market size is predicted to reach $ 5.9 billion by 2024, exhibiting a CAGR of 4.6% during the forecast period. The growth of APAC shipping containers market is majorly attributable to the improvement in transportation services and growth of seaborne trade. Moreover, rise in the number of manufacturing facilities in APAC is further bolstering the growth of APAC shipping containers market.

Browse 3 market data Tables and 43 Figures spread through 110 Pages and an in-depth TOC on " APAC Shipping Container Market " 

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In terms of product type, the APAC shipping container market is categorized into dry storage container, tank container, refrigerated container and others. Dry containers have been witnessing increasing demand for shipping and logistics across the region and accounted for maximum market share in the APAC shipping containers market in 2018. This trend is expected to continue throughout the forecast period as well, owing to increasing manufacturing and cross-border trade of machinery, electronics, and electricals products in the region.

On the basis of countries, the APAC shipping container market is categorized into China, India, Japan, South Korea, Indonesia, Malaysia and Singapore. Among these, China shipping containers market accounted for majority share in APAC shipping container market in 2018 and is anticipated to maintain its dominance during forecast period as well on account of presence of a large number of shipping container manufacturers in country. Moreover, reduced labor cost and availability of raw materials in China are encouraging the manufacturing of shipping containers in the country, thereby further driving growth of the market.

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“APAC shipping containers market is anticipated to witness a steady growth over the course of next five years. The growth of the APAC shipping containers market is majorly due to increasing demand for highly efficient and superior capacity shipping containers. Moreover, Asian countries are encouraging inter-Asian trade possibilities by creating trade barrier liberalization, which is bolstering sea-trade in the region and thereby having a positive impact on shipping containers market.” said, Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“APAC Shipping Container Market By Size of Container, By Product Type, By Goods Transported, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of the APAC shipping container 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 APAC shipping container market.

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Passenger Cars to Lead India Vehicle Tracking Market During Forecast Period

Strict regulatory norms for implementation and usage of vehicle tracking to drive vehicle India tracking market during forecast period

According to TechSci Research report, “India Vehicle Tracking Market By Vehicle Type, By Technology, By Application, Competition, Forecast & Opportunities, 2024”, India vehicle tracking market is anticipated to witness significant growth during forecast period on account of growing need for monitoring the movement of the automobiles carrying goods and passengers. Moreover, increasing concerns pertaining to the security and safety of the vehicle and surging vehicles sales and production, the market is poised to grow at an impressive rate during the forecast period. Additionally, increasing vehicular theft and surging investment by the National Highway Authority of India (NHAI) for improving and expanding the roads, is anticipated to positively influencing the growth of the market over the next five years.

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India vehicle tracking market can be segmented based on vehicle type, technology, application and region. In terms of vehicle type, the market can be segmented into passenger car, commercial vehicle and two-wheeler. Passenger cars segment dominated the market in 2018 and the trend is anticipated to continue during forecast period as well due to increasing ownership of passenger cars in the country. Vehicle tracking technology finds applications in various verticals including private cars, transport & logistics, fleet management, construction, among others. Fleet management is one of the major segments of the market as it offers route planning, real-time monitoring, automobile safety, along with various other features.

LetsTrack, RoadPoint, Pointer Telelocations, AssetTrackr, PhoenixSecure, Loginext Solutions Private Limited, Inditrack Navigation System Private Limited, TrackingGenie, Nuevas Technologies Pvt.Ltd., Itriangle Infotech Pvt. Ltd., Trimble Mobility Solutions, among others are the leading players operating in India vehicle tracking market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

“India vehicle tracking market is expected to grow at a brisk rate during forecast period owing to surging vehicle sales in the country. Moreover, mandate by the Ministry of Road, Transport and Highways, for installing all new public transport vehicles with vehicle location tracking and panic buttons from 1^st January 2019 onwards, is further pushing demand for vehicle tracking systems across the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Vehicle Tracking Market By Vehicle Type, By Technology, By Application, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of India vehicle tracking 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 vehicle tracking market.

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Store-based Retail to Lead Global Beauty Devices Market till 2024

Growing beauty consciousness along with rising awareness about beauty devices to drive global beauty devices market through 2024

According to TechSci Research report, “Global Beauty Devices Market By Purpose, By Distribution Channel, By Region, By Company, Competition, Forecast & Opportunities, 2024”, global beauty devices market is projected to grow at a steady pace during 2019-2024, on the back of rapid innovations in the skin care and hair care related industry. Moreover, growing consumer demand for portable devices with high battery backup is further positively impacting the growth of the beauty devices market. Additionally, increasing demand for high-quality skin care and hair care devices and the speedily growing online stores are some other factors that are anticipated to contributing to the growth of beauty devices market during the forecast period. Also, the increasing demand for devices used in the treatment of skin diseases such as acne, psoriasis, and atopic dermatitis has been crucial in expanding the market’s operation.

Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on    "Global Beauty Devices Market"
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In terms of distribution channel, the beauty devices market is categorized into store-based retail and non-store-based retail. Store-based retail accounted for the majority share of global beauty devices market in 2018. Non-store-based retail is also witnessing a 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 luxury brands and small start-ups alike are racing to embrace e-commerce, making this channel even stronger.
In terms of region, the global beauty devices market is categorized into North America, Asia-Pacific, Europe, Middle East & Asia and Latin America. The market for beauty devices in North America was the largest in 2018 on account of presence of major manufacturers in the region and availability of a greater number of products in the region. Among the countries in the North America, US beauty devices market accounted for more than half of the North America beauty devices market in 2018. The growth US beauty devices market is majorly due to the wide acceptance of technologically advanced products and the presence of major industry players in the country.

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According to TechSci Research report  “Global beauty devices market is anticipated to register a steady growth during forecast period. The growth in the market is led by technological advancements and rising beauty consciousness among women across the globe. Moreover, increasing air pollution levels along with rising concentration of pollutants in the air is resulting in various skin problems such as skin ageing, pigmentation, etc., which would further steer growth in global beauty devices market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Beauty Devices Market By Purpose, By Distribution Channel, By Region, By Company, Competition, Forecast & Opportunities, 2024”, has evaluated the future growth potential of global beauty devices 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 global beauty devices 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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