Tuesday, 2 May 2017

Hydraulic Fluid Connectors Market Analysis, opportunities Trends And Industry Strategies 2016 - 2023 - Credence Research

According to a new market report published by Credence Research, Inc., “Hydraulic Fluid Connectors Market (By Type (Mobile Hydraulic Fluid Connectors and Stationary Hydraulic Fluid Connectors), By End-use Application (Construction and Earth Moving, Aerospace, Agriculture, Industrial Manufacturing and Material Handling, Automotive, and Others (Mining, etc)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025” the global hydraulic fluid connectors market is expected to grow at a compound annual growth rate of 7.5% during the forecast period 2017 - 2025.
Browse the full Hydraulic Fluid Connectors Market (By Type (Mobile Hydraulic Fluid Connectors and Stationary Hydraulic Fluid Connectors), By End-use Application (Construction and Earth Moving, Aerospace, Agriculture, Industrial Manufacturing and Material Handling, Automotive, and Others (Mining, etc)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at http://www.credenceresearch.com/report/hydraulic-fluid-connectors-market
Product Insights
Hydraulic fluid connectors are fluid transportation equipment that are used to transport liquids from one location to another in hydraulic applications for power transmission. Fluid connectors including hoses, couplings, manifold, and associated assemblies and fittings are used to transfer liquids for different hydraulic applications in industry verticals such as construction and earth moving, aerospace, agriculture, industrial manufacturing and material handling, automotive, mining, and oil and gas among others.  The construction industry, particularly in developed economies like North America and Europe witnessed a gradual slowdown during the recent economic recession. However, the construction and real estate industries in these economies have shown signs of recovery, which would have positive impact on fresh demand for fluid connectors. On the other hand, ever-rising population and growing urbanization are major factors supporting market demand in developing economies. The major boost is expected to come from industrial and agricultural sectors. Growing industrial automation resulting in increased industrial production is driving demand for industrial equipment, and hence hydraulic fluid connectors. The prevailing trend towards agricultural mechanization and government support to promote use of automated equipment for agricultural processes is also expected to fuel market momentum.
Competitive Insights:
The global hydraulic fluid connectors market is highly matured and concentrated. The top four manufacturers accounted for over 45% of the global market revenue in 2016. Parker Hannifin Corporation (the U.S.), Eaton Corporation (the U.K.), and Gates Corporation (the U.S.), are identified as the leading hydraulic fluid connector manufacturers. Other manufacturers including Manuli Hydraulics, RYCO Hydraulics Pty. Ltd., SPX Corporation, Kurt Hydraulics, ITT Corporation, Aerocom Specialty Fittings Inc., B&E Manufacturing Company, Inc., and Atlas Specialty Products have been marked as promising and emerging players in the hydraulic pumps market. The market for hydraulic fluid connectors being matured is plagued by lack of product innovation, leading to profit crunching due to price wars among manufacturers. Lack of product innovation along with threat from substitute technology (pneumatic fluid power) is the major challenges to the growth of hydraulic fluid connectors market. Thus, focus on product enhancement remains the key strategy for manufacturers. 
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Spot Welding Equipment Market Forecast And opportunities Trends, Size, Drivers 2016 - 2023 - Credence Research

According to a new market research report published by Credence Research “Spot Welding Equipment Market (By Type (Press Spot Welding, Butt Spot Welding, Seam Spot welding, Projection Spot Welding, Laser Spot Welding), By Mobility (Fixed, Portable), By Material (Steel, Aluminum and Alloys, Others) By Application (Automotive, Construction, Industrial Manufacturing, Aerospace, Railways, Electronics and Semiconductors, Others)) - Growth, Future Prospects and Competitive Landscape, 2016-2024”, spot welding equipment market is estimated to grow at a CAGR of 6.1 % from 2016 to 2024.
Market Insights
The automotive manufacturing has portrayed significant growth in the past few years and is estimated to continue at the same rate in the coming years. With the consistent rise in the overall manufacturing industry, adjacent markets such as equipment and machine tools are also showing promising growth globally. Spot welding equipment plays a major role in the overall automotive manufacturing sector by providing services in diversified application.
The demand for spot welding equipment market is majorly driven by the constant rise in the automotive and industrial manufacturing. Rising need for faster and precise fabrication and welding solutions for sheet metals/alloys has resulted in substantial uplift in the demand for spot welding machines. Ability to weld a wide variety of sheet metals, availability of size variants, economical operation and clean working are few of the many merits of spot welding technique. Subsequently, spot welding has witnessed profound penetration in automotive and industrial manufacturing sector over the period of time.
Spot welding equipment market is segmented according to types, mobility, material to be welded, applications and geography. On the basis of type, spot welding is classified as press spot welding, butt spot welding, seam spot welding, projection spot welding and laser spot welding. As of 2015, press spot welding segment outruns other types of the overall spot welding equipment market. Further, spot welding equipment market is segmented on the basis of mobility as fixed and portable type machines. Due to extensive use in heavy industries, production, and assembly lines, fixed type spot welding machines acquires the majority of market share as compared to portable spot welding equipment.
Competitive Insights:
Spot welding equipment market is fragmented in nature with multiple international companies facing remarkable competition from regional manufacturers. Major players in the market include AMADA AMERICA, Inc., ARO Welding Technologies SAS, DECA s.p.a., Emerson Electric Company, KRITON WELD EQUIPMENTS PVT. LTD., INTRAN, Miller Electric Mfg. Co., Noble Industries, Inc., Sintec Optronics Pte Ltd., TECHNAX Industrie, T. J. Snow, Co., Vista Industrial Products, Inc., and others. Spot welding manufacturers are focusing on improving the capabilities of existing spot welding machines by enhancing their multi-application spot welding capability. Similarly, promising players in spot welding manufacturing are focusing on their product and brand promotion through trade and industrial fairs.
Key Trends:
  • Integration of spot welding equipment with CNC and robots to enable complete process automation
  • Strengthening global sales channel in order to maintain and expand the sales through trade fairs and exhibitions.
  • Adoption of new and lighter alloys and use of spot welding equipment for welding such alloys.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Lignite Coal Market Share, Trends, Global Price, Company Profiles, Demand, Insights 2016 - 2023 - Credence Research

According to a new market report published by Credence Research Global Lignite Coal Market- Growth, Future Prospects & Competitive Analysis, 2017 - 2025, the Global Lignite Coal Market is expected to reach US$ 44.1 Bn by 2025, expanding at a CAGR of 2.7% during the forecast period 2017 to 2025.
Market Insights
Lignite coal market is expected to witness significant growth with growing energy demand along with increasing use of lignite coal as a fuel for the electricity generation. Increasing natural gas prices along with high prices of hard coal are factors anticipated to endorse the demand of lignite coal. After Fukushima nuclear disaster in Japan, the economies are moving towards safe sources of power generation. Thus, growing inclination towards alternate sources of power such as renewable energy, thermal power plants and other hydroelectric power plants.
Browse the full Global Lignite Coal Market by Application and Geography - Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/lignite-coal-market
Low cost of the lignite coal is another factors driving the demand for lignite coal market. It is positioned as low production cost increment in merit-order curve competing with hard coal and gas. Lignite is also used in manufacturing of coal based fertilizers. Further, development in coal to liquid (CTL) technology widened the array of applications for lignite coal. This in turn is anticipated to drive the demand for lignite coal over the forecast period. However, growing inclination towards clean energy coupled with increasing investment in renewable energy is expected to hamper the growth of lignite coal market during the forecast period (2017-2025).
Competitive Insights:
Global lignite coal market is segmented on the basis of application and geography. By application, in 2016 power generation segment was the most dominant segment accounting for largest revenue share in global lignite coal market. Growing use of lignite coal as fuel in thermal power plants is anticipated to drive the growth of the segment during the forecast period. Others application is anticipated to be the fastest growing application among all applications in global lignite coal market. Advancement in technology has facilitated the production of synthetic natural gas from lignite coal using coal to liquid technology attracting investment in across the globe. Growing investment in development of CTL technology for the conversions of lignite coal to synthetic natural gas is projected to drive the demand for lignite coal over the forecast period. On the basis of geography, Europe was estimated to be the largest market for lignite coal in 2016. Increasing lignite production especially in Germany coupled with large installed base of lignite based thermal power plants is projected to drive the demand for lignite coal in the region during the forecast period. Followed by it, Asia Pacific is anticipated to be the fastest growing region in global lignite coal market. High energy demand coupled with availability of large number of lignite coal reserves in India and Australia is projected to drive the growth of the global lignite coal market during the forecast period.
Major players in global lignite coal market are investing in expansion of production capacity along with high focus on research and development to lower the production cost. To increase the market penetration companies are focusing in merger and acquisition.
Overall, global lignite coal market is anticipated to register significant growth over the forecast period (2017-2025).
Key Trends:
  • Merger & Acquisition
  • Production capacity expansion
  • Joint ventures and agreements
  • Investment in research and development
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Global Study On Pedestrian Entrance Control Systems Market Shares, Strategies And Forecasts Worldwide 2016 - 2023 - Credence Research

According to a new market research report published by Credence Research “Pedestrian Entrance Control Systems Market (By Component – Equipment: Security Gates, Security Booths, Security Doors, Speed Gates and Turnstiles; Services: By Applications: Transportation Interchanges, BFSI Institutions, Commercial Offices, Government and Military Facilities, Sports and Others) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, the global pedestrian entrance control systems market stood at US$ 1.6 Bn in 2016 and is estimated to expand with a CAGR of 5.1% from 2017 to 2025.
Market Insights
The pedestrian entrance control systems market has been majorly driven by rising terrorist threats across the world. With increasing instances of terror attacks in major cities across the world, it has become imperative for various organizations and government bodies to deploy advanced physical security solutions to ensure public safety. In addition, technological advancements in security doors and speed gates have enabled organizations to deploy state of the art entrance control systems within facilities. Factors such as rapid response and higher accuracy of personnel identification have led to the growing popularity of advanced entrance control systems in some of the developed markets across the world.
Some of the factors driving the growth in the pedestrian entrance control systems market include rise of terror activities across the world. With increasing threats and rising vulnerability of various buildings and facilities, there has been growing investment towards ensuring physical safety. In addition, it has become crucial to deploy advanced security solutions to strengthen public confidence and ensure social harmony. Thereby, the overall pedestrian entrance control systems market is expected to grow due to increasing government and commercial budgets towards public safety during the forecast period.
Factors such as high initial costs and limited budgets have been restraining the growth in the overall pedestrian entrance control systems market. Due to limited budgets, various institutes and organizations have not been able to deploy effective security solutions at their facilities.
Competitive Insights:
The global pedestrian entrance control systems market is highly fragmented with numerous providers catering to various regions in the world. Some of the leading players which have prominent presence all across the world include URSA Gates Ltd., APT Controls Limited, Boon Edam, Inc., PERCo, Automatic Systems SA, Controlled Access Turnstiles, Kaba Group, Controlled Access Turnstiles, Inc., SKIDATA AG, Mecanizados Argusa, S.A. and Turnstile Security Inc., among others. Apart from these global players, there are numerous companies operating in various regions and have dominant presence their local markets. Thereby, the pedestrian entrance control systems market is highly competitive all across the world.
Key Trends:
  • Increasing integration with various credential readers and destination control devices
  • Rising popularity of pedestrian sensors and sleep functions to reduce energy consumption
  • Use of pulsating lights for enhanced pedestrian guidance and aesthetics
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Brazil Naphtha Market Opportunities, Trends, Size And Market Share 2016 - 2023 - Credence Research

The latest market report published by Credence Research, Inc. “Brazil Naphtha Market- By Product Type and By Application- Growth, Future Prospects and Competitive Analysis, 2016 - 2024,” the Brazil naphtha market was valued at US$ 2.1 Bn in 2016, and is expected to each US$ 3.1 Bn by 2024, expanding at a CAGR of 5.3% during the forecast period 2016 to 2024.
Market Insights
Brazil naphtha market is projected to witness significant growth over the forecast period. Growing demand for naphtha as a feedstock in petrochemical industry is projected to drive the demand for naphtha over the forecast period. Increasing use of plastic products fueling the demand for the polypropylene and polyethylene which in turn is driving the demand for naphtha used as a feedstock for the production olefins and aromatics using in production of paints and coatings. Further, naphtha also finds application in blending with gasoline.
Browse the full Brazil Naphtha Market - Growth, Future Prospects and Competitive Analysis, 2016 – 2024 report at http://www.credenceresearch.com/report/brazil-naphtha-market
Growing demand for gasoline is anticipated to augment the growth of Brazil naphtha market. Moreover, recent technological advancement such as development of advance furnace materials, advanced distillation column and alternative technologies such as hydro- pyrolysis of naphtha and catalytic cracking of naphtha saves approximately 10% of the energy which in turn reduces the production cost. Thus, making naphtha the preferred feedstock for the end use applications. Growing chemical industry is projected to drive the Brazil naphtha market during the forecast period (2016-2024). However, growing use of alternatives such as LPG for the production of propane and butane are expected to restrain the growth of Brazil naphtha market during the forecast period (2016-2024).
By Product type, heavy naphtha segment was the most dominant segment in 2015 and anticipated to continue its dominance of over the forecast period. The segment is projected to witness stable growth during the forecast period. Light naphtha segment is expected to be the fastest growing segment during the forecast period. Growing use of light naphtha in petrochemical steam crackers is anticipated to fuel the demand over the forecast period (2016-2024).
By application, chemical segment was observed to be the largest segment in 2015 in Brazil naphtha market. Increasing use of naphtha as a feedstock for the production of materials such as polyethylene and polypropylene in petrochemical industry is projected to fuel the growth of naphtha over the forecast period (2016-2024).
Considering the competition, the Brazil naphtha market is expected to witness a significant rise in investment in capacity expansion for the production and supply of naphtha. Further, market has witnessed strategic mergers and collaborations among naphtha regional and international players. Such growth strategies are focused on increasing their market penetration in the country.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Cryopumps Market - Global Market Size, Share, Trend, Market Growth, Analysis And Industry Forecasts to 2023

According to a new market report published by Credence Research Inc “Cryopumps Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2024, The global cryopumps market stood at USD 1.50 Bn in 2015 and is anticipated to each USD 2.03 Bn by 2024, at a CAGR of 3.4% during the forecast period of 2016 to 2024.Cryogenic pumps are designed to move coolants and cryogenic liquids. They are built to withstand and operate in extremely cold temperatures. Cryogenic pumps feature hermetically sealed designs to minimize heat leakage from the motor or contamination by process fluids into the cryogenic fluid. Cryogenic pumps for use in extremely cold environments are usually constructed with a vacuum housing to provide a barrier between the motor and the cryogenic fluid. Cryogenic pumps are used to circulate coolant in a variety of applications, including cooling high temperature superconducting cables or magnets, for cooling synchrotron beamline crystals, and as pumps in prototype slush hydrogen applications. The major factor driving the cryogenic pumps market is the increasing application across multiple industries. Moreover, as more and more complex industrial processes evolve which incorporates the usage of liquid gases, demand for cryogenic pumps is bound to increase. The rapidly growing demand for energy and power is expected to drive more demand for LNG and thus, ways to handle its transportation, further fuelling more revenues to the global cryogenic pumps market. Rising demand for medical gases is expected to assist the demand for cryogenic pumps in the future. According to market experts, as the demand for liquid gases will increase across various industries, application of cryogenic pump will also become inevitable.
In 2015, the centrifugal pumps held the largest share in the cryopumps market by pump functionality. The major factors driving the centrifugal pumps market include its design simplicity, high efficiency, wide range of capacity and head, smooth flow rate and ease of operation and maintenance. Factors such as rapid investments in the power generation will aid in the growth of centrifugal pump market during the forecast period. Positive displacement pumps are anticipated to grow at the highest growth rate during the forecast period as it is best for dosing and injection pumps, suitable for high pressure.   
In 2015, refrigerated cooled cryopumps held the largest share in the cryopumps market and is expected to hold the leadership position throughout the forecast period as they are easy to apply and allow for an easy and complete automation of the pumping process. Moreover, easy handling and high speed of cryoproscess is the major advantage of refrigerated cooled cryopumps.
Asia-Pacific region accounted for the highest market share in 2015, followed by Europe and North America. At country-level, Qatar and India are anticipated to show high growth potential in 2016 - 2017. The key factors assisting its growth are increasing investments in Qatar’s infrastructure sector and rising focus towards renewable-based electricity generation in India. According to market experts, Asia-Pacific region is a hub of major LNG importers such as China, India, and Japan along with some of the key importers of natural gas.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Baby Stroller Market Size, Application Analysis, Growth Trends and Forecasts 2016 - 2023 - Credence Research

According to a new market research report published by Credence Research “Baby Strollers Market By Type (Standard, Travel System, Lightweight, Jogging, Double & Triple Strollers) By Geography (North America, Europe, Asia Pacific, Rest of the World)- Growth, Future Prospects and Competitive Landscape, 2017 - 2025”, baby strollers market is estimated to grow with a CAGR of 5.2 % from 2017 to 2025.
Market Insights
Consistent rise in the birthrate and rising awareness towards baby care accessories has led to sustainable growth of the overall baby care accessories industry worldwide. In addition to the above factors, significant rise in the discretionary income of the people worldwide too has contributed remarkably to the overall baby care accessories market growth. Baby stroller is one such promising market estimated to exhibit continued growth during the forecast period. The demand for baby strollers is majorly driven by the steadily rising birthrate backed by the increasing spending on baby care accessories. The modern day baby strollers help parents to enjoy traveling with their children without compromising their safety and complacency. This has led to substantial penetration of these products across the world.
Proliferation of online stores and portals dedicated to baby care products and accessories is another major factor fueling the baby strollers market. Baby care product manufacturers are contemplating new alliances with online retailers, baby care portals and baby boutique chains. This has aided the baby stroller manufacturers to enhance the promotion of their products and thereby expanding their reach to the customers. Furthermore, companies have been engaged in design and development of new strollers which would cater to the consumers’ changing lifestyle effectively and provide enhanced value for money.
Baby stroller market is segmented according to the product type and geography. The product type segment is further classified as standard stroller, travel system, lightweight stroller (umbrella stroller), jogging stroller and double and triple stroller. As of 2016, standard stroller leads the product type segment in overall baby stroller market; while the travel system is expected to emerge as the fastest growing segment during the forecast period.  
Competitive Insights:
The global baby strollers market is highly fragmented and is characterized by the presence of several domestic as well as international players. Companies are devising new avenues such as alliances with baby care portals and online retailers to broaden their distribution network. Baby stroller manufacturers such as Goodbaby International Holdings Limited, Newell Brands, Artsana Group, Combi USA, Stokke AS, Hauck group, Dorel Industries Inc., ABC Design, Emmaljunga Barnvagnsfabrik AB, UPPAbaby, Peg Perego, SeeBaby, My Babiie, and others persistently endeavor new models with enhanced comfort and utility features at competitive pricing to withstand the competition. The companies are also coming up with new strategies to encourage first time parents in order to increase their sales.
Key Trends:
  • Development of new varieties of baby strollers with better comfort and safety features for babies and infants
  • Extensive brand promotion by baby stroller manufacturers in order to expand their consumer base
  • Consistent growth in healthcare facilities and birth rate driving the need for baby strollers
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290