Market Overview

Self-leveling underlayment provides good flow, ease of handling, strong adhesion, and provide a glossy and excellent finish. These are easy to use, less messy, suitable for any kind of surface, faster to dry, and require less labor. The North American self-leveling underlayment market is estimated at USD 145.4 million in 2019, which is expected to reach USD 184.6 million in 2026, registering a CAGR of 4.7%.

The major factors driving the growth of this market are the high demand for self-leveling underlayment from the construction industry and the benefits of self-leveling products over conventional flooring methods. Furthermore, the growing demand for replacement and renovation of existing floors is expected to boost the demand for self-leveling underlayment during the forecast period.

However, lack of awareness among end users and the high cost of self-leveling underlayment to that of traditional concrete materials inhibit the market growth.

The North American self-leveling underlayment market is driven by factors such as the high demand for self-leveling underlayment from the construction industry and the several benefits of self-leveling products over traditional flooring methods. However, the high cost of self-leveling concrete is expected to restrain the global market growth.

Nevertheless, the growing construction of commercial buildings is expected to present a growth opportunity for the market players.

In recent years, the growing construction sector has boosted the demand for innovative construction solutions, including self-leveling underlayment solutions. Governments across the region are promoting infrastructure development. The countries in North America are introducing various reforms and regulations to boost their infrastructure and real estate.

Such reforms are expected to boost the demand for self-leveling underlayment solutions due to the growth of the construction sector. Authorities in North America have observed increased spending on private construction activities, especially in the US. As per the US Census Bureau and various sources, the total construction spending in the country increased by approximately 6% in 2016, compared to the previous year.

Market Segmentation

The North American self-leveling underlayment market has been segmented based on end-user and country. By end-user, the North American self-leveling underlayment market has been classified into residential and commercial. The commercial segment dominated the North American self-leveling underlayment market with a market share of 61.77% by value in 2019.

The segment reached USD 89.69 million in 2019; it is expected to register a 5.4% CAGR and reach USD 119.1 million by the end of 2025. By country, the North American self-leveling underlayment market has been segmented into the US, Canada, and Mexico. The US is estimated to account for the largest market share; it is expected to register the highest CAGR during the forecast period.

Self-leveling underlayment is a modified polymer high-performance concrete that can flow, compact, and provide a leveled surface when poured over a surface. This easy-to-use cement-based underlayment has low plastic viscosity, high flowability, low segregation, low bleeding, high compressive strength, and high stability. It acts as an excellent solution for smoothing and flattening interior surfaces before installing floor coverings.

Major Players

Major players of North America Self leveling underlayment market are Ardex Group, Mapei S.p.A, LafargeHolcim, Arkema Group, Saint-Gobain S.A, Sika AG, USG Corporation, and The Quikrete Companies.

The post North America Self-Leveling Underlayment Market Research Report Forecast to 2026 first appeared on CRI Report.

The consumer goods market in India is one of the largest in the world. According to a World Economic Forum report published in 2019, it is expected to become the third-largest consumer market by 2025, after the US and China. The demand for refrigerator is likely to pick up in the coming years, especially in rural areas, as the government plans to invest heavily in rural electrification

Increase in disposable income and easy financing schemes have boosted the sale of refrigerators, propelling market growth. Rapid urbanization and changes in lifestyle have influenced consumers to buy smart refrigerators. A majority of the sale is generated through the urban cohort. Production of refrigerators for domestic use increased from 23 lakh in Q3 FY 2020 to 28.1 lakh in Q3 FY 2021, with a 22% year-on-year growth.

Market influencers:
Technology has advanced so much in recent years that customers can now use refrigerators even during power cuts. They can check what is inside the fridge without opening the door, convert the freezer into a refrigerator unit, control temperature, and change modes. This has made consumers interested in refrigerators
The government has imposed some rules on manufacturing companies for energy consumption labels (star labeling) and use of Hydrofluorocarbon (HFC) refrigerants instead of Hydro-chloro-fluoro Carbon (HCFC).

Impact of COVID-19:
Manufacturing industries faced a shortage of raw materials and components required to produce refrigerators, during the initial phase of the lockdown. This was because of the restrictions imposed on exports from China. Laborers migrating to their hometowns during the lockdown disrupted the supply chain. Therefore, the lack of manpower impacted the transportation of consumer goods.
Despite, a serious economic plunge, the domestic refrigerator Market has adopted new strategies and development skills to recover.

Competitive insights:
The presence of several players across the globe makes the market fragmented. Manufacturers are focused on developing energy-efficient products and engaged in promotional activities to attract consumers and gain a strong foothold. Although, company are focusing on developing spacious and customizable interior and usage of LED bulbs for brighter lighting which can save energy.

Related Reports: A-Share Listed Household Appliances (Refrigerator, Air-conditioner and Washing Machine) Companies – Profiles and Financial Data

The post Refrigerator Market in India 2021 first appeared on CRI Report.

Smartphone Market insights

The market is driven by increased purchasing power, rise in the adoption of internet and data services, and introduction of smartphones with updated features at affordable prices. The launch of 5G smartphones is expected to bring exponential growth to the market in the coming years.
The market is expected to expand at a CAGR of ~14.46% during the 2021 – 2026 period to reach a shipment volume of 304.75 million units in 2026. Android smartphones account for ~95.50% of the total volume of shipment, followed by iOS smartphones at ~2.86%. In 2020, Xiaomi led the business with a 27.25% shipment share, followed by Samsung (21.50%).

Impact of COVID-19

In the wake of the pandemic, the government imposed lockdown measures that reduced outdoor activities, resulting in a decline in the sale of smartphones at offline stores. The demand for smartphones surged, primarily because of remote learning, as well as virtual social gathering. Several people lost their jobs, while some took pay cuts. As a result, they refrained from purchasing devices with upgraded features.

Government initiatives

Several initiatives undertaken by the government have influenced the smartphone market. The Production Linked Incentive (PLI) scheme provided all electronics manufacturing companies with registered manufacturing units with a 4% to 6% incentive on incremental sales. The Modified Electronics Manufacturing Clusters scheme offered financial incentives to mobile phone manufacturers to develop world-class infrastructure and common facilities and amenities.

Key growth drivers of the market:

• The pricing pattern followed by the manufacturing companies, along with exclusive online distribution led to the spurt in demand for smartphones
• Consumers’ preference shifted from standard feature phones to smartphones because of increased internet penetration to the internet

Key deterrents to the growth of the market:

• The high usage of smartphones has led to a rise in the number of cybercrimes occurring in the country
• The design and technology used by smartphone manufacturing companies have not met consumer expectations

Competition analysis

Smartphone users are inclined toward using Android over iOS or other operating systems. The key players include Xiaomi Technology India Private Limited, Samsung India Electronics Pvt. Ltd., and OPPO Mobiles India Pvt. Ltd.

The global electric motor for household appliances market is expected to witness exponential growth during the forecast period

The post Smartphone Market in India 2021 first appeared on CRI Report.

As a result of the COVID-19 pandemic, majority of the e-commerce logistics players have moved completely to online payment methods. One such method is OTP-based contactless delivery wherein the delivery executive drops the package at the customers’ doorstep without any physical contact, and verifies the delivery through an OTP sent to the customers’ smartphone. Amazon and Flipkart have already implemented this to method to ensure the safety of customers and delivery executives.

Companies covered
• Adobe Systems India Pvt. Ltd.
• Akamai Technologies India Pvt. Ltd.
• Amazon Internet Services Pvt. Ltd.
• Cloudflare, Inc.
• Google India Pvt. Ltd.
• IBM India Pvt. Ltd.
• Microsoft India Pvt. Ltd.
• Neustar Data Infotech (India) Pvt. Ltd.
• NGINX Inc.
• Oracle India Pvt. Ltd.

The post Technology Landscape in India e-Commerce Market 2020 first appeared on CRI Report.

Market insights
The eyewear market in India was valued at INR 492.37 Bn in 2018, and is expected to reach
INR 966.73 Bn by 2024, expanding at a compound annual growth rate (CAGR) of ~11.90%, during the 2019-2024 period. The demand for prescription eyeglasses and contact lenses has picked up in the Indian market, owing to vision disorders, unhealthy lifestyle and age-related impairments among people. Rise in fashion and brand consciousness among the young population of the country and increase in the sale of branded eyewear are some of the important factors fueling the growth of prescription eyewear, as well as sunglasses in the domestic eyewear market. On the other hand, initiatives undertaken by the Indian government like setting up of free eye check-up and vision treatment programs have also contributed towards the growth of the eyewear market in India. However, presence of counterfeit products in the market and the increasing popularity of vision corrective surgeries act as major pitfalls for the market.

Market segmentation analysis
Based on product type, the India eyewear market is segmented into spectacles, sunglasses and contact lenses. Value-wise, in 2018, the spectacles segment captured the highest market share (~70.15%). The segment is expected to continue accounting for the highest market share throughout the forecast period due to unhealthy lifestyles and increasing exposure to display screens. In terms of market revenue, the sunglass and contact lens segments are expected to account for ~18.47% and ~10.60% market shares, respectively, in 2024.

Competition analysis
In India, the eyewear market is composed of both organized and unorganized players. The unorganized sector dominates the market with almost 70% market share. Titan Company Limited, GKB Opticals Limited, Lenskart Solutions Private Limited, Bausch & Lomb India Private Limited, and Johnson & Johnson Private Limited are some of the major players operating in the organized eyewear market. These players have accelerated the sale of eyewear products by generating awareness regarding vision disorders and setting up free eye check-up camps in tier-II and tier-III cities. Price differentiation between branded and unbranded eyewear products poses challenge for organized players to capture a substantial market share in the overall eyewear market.

Companies covered
• GKB Opticals Limited
• Hidesign India Private Limited
• Lenskart Solutions Private Limited
• Ronak Optik Private Limited
• Titan Company Limited
• Bausch & Lomb India Private Limited
• Johnson & Johnson Private Limited
• Rayban Sun Optics India Private Limited
• Safilo India Private Limited
• Sterling Meta Plast India Private Limited

The post Eyewear Market in India 2019 first appeared on CRI Report.

Market Insights
The Indian agricultural machinery market was valued at INR 498.04 Bn in 2018 and is expected to reach INR 901.41 Bn by 2024, expanding at a CAGR of ~10.70% during the 2019-2024 period. The industry experienced a sluggish growth initially, owing to the economic slowdown in the country. However, rise in the purchasing power, availability of better financing options, and growth of contract farming are expected to improve market revenue during the forecast period. The adoption of the sharing economy model and tech-driven start-ups is expected to revolutionize the agriculture machinery market in India.
The United States, Nepal and Sri Lanka account for the major share of exports of agricultural equipment from India. Whereas, India imports more than 70% of agricultural equipment from China.

Market Segment Insights
Based on products, the market can be segmented into tractors, rotavators, power tillers, threshers, and others. The tractor segment dominated the market with a revenue share of ~81% in 2019. Moreover, it is expected to remain the largest segment both in terms of value and growth rate during the forecast period (2019-2024).
Industry players contributing to the market revenue include TAFE, Escorts Limited, and Sonalika Tractors among others. Mahindra & Mahindra leads the market with a market share of ~40.20%, in terms of revenue, in India, and is the largest tractor manufacturer in the world.

Government Initiatives
To promote the application of farm mechanization, the government has set up the Farm Machinery Training and Testing Institutes (FMTTIs) and formulated bodies to quality check agricultural machines and implements. Indian Council for Agriculture and Research (ICAR) and State Farm Corporation of India have been set up to improve the adoption of new technologies in crop production. Other initiatives include setting up financial institutions and providing incentives and subsidies.

Companies covered
• Mahindra & Mahindra Limited
• Escorts Limited
• Force Motor Limited
• Greavers Cotton Limited
• Shivagrico Implements Limited
• VST Tillers Tractors Limited
• John Deere India Private Limited
• Tractor and Farm Equipment Limited
• International Tractor Limited
• CNH Industries India Private Limited

The post Agricultural Machinery Market in India 2019 first appeared on CRI Report.

Companies are transforming their business models to attain edge computing capabilities necessary for offering end to end services. Startups with innovative networking technologies and newer software-defined architectures are aiming to enhance flexibility in hybrid networks. Emerging technologies like AI and neuromorphic computing are changing data processing and decision-making. Data center architectures are being rewritten with easily available off the shelf, cost-effective, and efficient solutions. Further, the upcoming 5G networks are projected to fuel the expansion of edge infrastructure for high speed communication.

Edge computing will transform the IoT landscape into a hyperconnected environment where the restrictions related to latency and computation capacity will be eliminated. It is important for the incumbents to keep up the pace of innovations to stay ahead of the competition. Also, companies from other industries can be expected to cash in the opportunity at hand.

The recent years have witnessed a number of mergers and acquisitions in the edge computing space for IoT services, with the increase in M&A activities representing the industry’s conundrum of cloud, edge, and hybrid architectures, and the race to achieve a considerable market share.

Acquisition Trends:
The report includes an analysis of approximately 60 deals, along with a detailed technology overview and the purpose of the acquisitions. The M&A analysis section offers a comprehensive view of the transactions around edge computing, covering different technology aspects including data center, AI, security, software-defined WAN (SD-WAN), analytics, interoperability, multi-access edge computing (MEC), and others.

Some prominent deals observed include:
– Veea – Virtuosys
– American Tower – ColoATL
– Compass Data centers – EdgePoint System, BitBox
– VmWare – VeloCloud
– Intel – Xilinx, Movidius
– Apple – Silk Labs
– HPE – Niara
– Wave Computing – MIPS Technologies
– Analog Devices – Otosense
Patent Capabilities of Target Companies:
IP acquisition is a key strategy for technology companies to drive innovation in the edge computing space, with the goal to develop next generation solutions. We have assessed the patent capabilities acquired in the M&A deals to understand and evaluate IP value creation.

Key Insights:
– The last five years have witnessed an increased spate of innovations in the edge computing space.
– Data center, AI and, security-related deals combined account for half of all M&A activity in the edge computing market.
– Data center technologies have attracted the largest number of acquirers with incumbents focused on expanding their geographical footprint.
– Modular data center solutions are accelerating time to market for the various participants and enabling entry for quite a few companies into the edge computing market.
– Semiconductor companies are getting acquired for their AI capabilities that will drive the future of on-device processing.
– Software-defined networking technologies are gaining traction, enabling acquirers with the flexibility required for developing a complete cloud to edge solution.
– In terms of IP portfolio, most of the acquired patent capabilities were in microprocessors and instruction set architectures, mainly due to the deal between Wave Computing and MIPS Technologies.
– The top five assignees in terms of patent count included MIPS Technologies, DeePhi, Vasona Networks, Virtuosys, and Movidius.
– Other key acquired patent capabilities related to AI, mesh networking, and security are expected to contribute significantly in the development of intelligent and secure edge solutions.

Key questions addressed in the report:
– What are the key trends and drivers of edge computing in the IoT ecosystem?
– How is the acquisition trend changing over the years in the edge computing space?
– What is the preferred route for companies looking for strategic acquisitions in the edge computing domain?
– How are target companies leading the acquisition of different edge computing technologies in the US, Europe, Asia, and other regions?
– Who are the different acquirers actively involved in the acquisition scenario?
– What are the different technology capabilities acquired in the edge computing space and how are they strengthening the portfolio of the acquirers?
– What are the post-acquisition scenarios for the major deals?
– What are the IP capabilities acquired with the deals?
– What are the untapped technology areas that can be considered as potential targets in the future?

The post IoT Insight Series – Edge Computing M&A Analysis first appeared on CRI Report.

Coverage:
Overview of the Food Processing Industry, and historical and forecasted market size data over FY 2012 to FY 2020
Trade analysis of processed food in India
Qualitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive landscape and profiles of major public and private players operating in the market
Key recent developments in the Indian food processing industry

Why Buy?
Get a broad understanding of the food processing industry in India, the dynamics of the market and the current state of the industry
Devise market-entry strategies by understanding the factors driving the growth of the market
Identify key growth opportunities in the industry and make informed decisions to increase profitability
Understand major competitors’ business and market dynamics, and respond accordinglySlide 1: Executive Summary

Socioeconomic Indicators
Slide 2: Total Population (2010-2011 – 2019-2020), Population Density (2010-2011 – 2019-2020)
Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 – 2019-2020)
Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020)
Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011)
Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014)
Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015)

Market Overview
Slide 8: Market Definition & Structure
Slide 9: Agricultural Export Zones in India
Slide 10: Market Characteristics and Value Chain
Slide 11: Food Processing Industry in India – Market Overview, Size and Growth (FY 2012 – FY 2020e)
Slide 12-13: Food Processing Industry in India – Market Segmentation
Slide 14: Investments in Food Processing and Agriculture Industry
Slide 15: Porter’s Five Forces Analysis

Trade Analysis
Slide 16: Export of Preparations of Cereals, Flour, Starch or Milk – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 17: Import of Preparations of Cereals, Flour, Starch or Milk – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 18: Export of Preparations of Vegetables, Fruits, Nuts or Other Plant Parts – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 19: Import of Preparations of Vegetables, Fruits, Nuts or Other Plant Parts – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 20: Export of Miscellaneous Edible Preparations – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 21: Import of Miscellaneous Edible Preparations – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 22: Export of Processed Food – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)
Slide 23: Import of Processed Food – Size (Value-Wise; FY 2013 – FY 2017(Apr-Nov)) and Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016)

Market Influencers
Slide 24-25: Market Drivers
Slide 26: Market Challenges

Competitive Landscape
Slide 27: List of Major Players
Slide 28-58: Profiles of Major Players

Recent Developments
Slide 59-61: Key Strategic Recommendations

Appendix
Slide 62: Research Methodology

The post Food Processing Industry in India 2017 first appeared on CRI Report.