Global Microcontrollers Market (MCU) is Expected to Reach USD 28.49 Billion Globally in 2018

According to a new market report published by Transparency Market Research “Microcontrollers (MCU) Market by Product (8-bit, 16-bit, 32-bit) – Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018”, the demand for microcontrollers was 10.64 billion units in 2011, and is expected to reach over 29 billion units in 2018, growing at a CAGR of 16.0% from 2012 to 2018. In terms of revenue, the market was valued at USD 15.7 billion in 2011, and is expected to reach USD 28.49 billion in 2018, growing at a CAGR of 9.0% from 2012 to 2018.

Browse the full report at http://www.transparencymarketresearch.com/microcontrollers-market.html 

High growth of the automotive industry is expected to positively impact microcontroller demand, as a result of the large number of MCUs used in vehicles. Microcontrollers are used in automotives for purposes ranging from safety to infotainment, which include airbag control and on-board communication among others. In addition, increasing penetration of healthcare equipment such as blood pressure monitors, and portable glucometers which employ microcontrollers is also expected to aid in market growth. However, the sheer number of participants in the industry vying for market share is expected to hinder the market over the forecast period.

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The automotive industry dominated the global market, accounting for over 32% of the overall MCU demand in 2011. MCU demand for industrial applications is expected to reach 8.6 billion units by 2018. The demand for 32-bit MCUs is expected to grow at a CAGR of 16.2% from 2012 to 2018. 8-bit MCUs dominated market demand, with over 40% penetration in the global market in 2011.

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Asia Pacific was the market leader, and accounted for over 35% of global revenue share in 2011. It is expected to be the largest and fastest growing market, and its revenue is expected to grow at a CAGR of 9.2% from 2012 to 2018.

The industry is moderately fragmented, with a large number of participants striving for product differentiation. Key players in the market include Renesas Electronics Corporation, Infineon Technologies, Fujitsu, Texas Instruments, and Freescale Semiconductor, Inc. among others.

The report analyzes the global microcontrollers market on the basis of volume (million units) and revenue (USD Million) from the period of 2012 to 2018. The market has been categorized into the following segments:

  • Microcontrollers Market, by Product Type:
  • 8-bit
  • 16-bit
  • 32-bit
  • Microcontrollers Market, by Application:
  • Automotive
  • Industrial
  • Consumer Goods
  • Computer
  • Communications
  • Microcontrollers Market, by Geography:
  • North America
  • EMEA (Europe, the Middle East, and Africa)
  • Asia Pacific
  • Rest of the World (RoW)

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Global Footwear Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2012 – 2018

According to a new market report published by Transparency Market Research “Footwear Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2012 – 2018 ” the global footwear market was worth USD 185.2 billion in 2011 and is expected to reach USD 211.5 billion in 2018, growing at a CAGR of 1.9% from 2011 to 2018. In the overall global market, Asia Pacific is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 30.1% of the global footwear market revenue share in 2018 followed by Europe.

The global footwear market is experiencing a stable growth rate due to changing fashion trends. This market has exhibited sustainable development owing to driving factors such as rising demand for innovative designs, growing awareness about healthy and active lifestyle, rising population and disposable income levels, and rise in retail culture.

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The athletic footwear market  is expected to grow at a CAGR of 1.8% from 2011 to 2018 to reach USD 84.4 billion by 2018. Non-athletic footwear is the largest market segment and is expected to grow at a faster CAGR as compared to the athletic footwear segment. Various fashion trends in the market such as demand for innovative designs and styles, and celebrity endorsement is driving the non-athletic footwear market.

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This report is an effort to identify factors, which will be the driving force behind the global footwear market and its sub-markets over the next six years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the footwear industry in terms of products, consumer groups, retail distribution and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global footwear market and further validated numbers with the key market participants and C-level executives.

This report highlights the industry with the following points:
  • Definition, estimates & forecast of footwear product market from 2011 to 2018
  • Analysis of product segments for footwear product market with historical data and forecast
  • Trends and forecast for four geographic markets, namely North America, Europe, Asia-Pacific and RoW based on segments of footwear product market
  • Profiles of major market participants for better understanding of their contributions

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Global Athletic Footwear Market is Expected to Reach USD 84.4 Billion in 2018: Transparency Market Research

According to a new market report published by Transparency Market Research “Athletic Footwear Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012  2018,” the global athletic footwear market was worth USD 74.7 billion in 2011 and is expected to reach USD 84.4 billion in 2018, growing at a CAGR of 1.8% from 2011 to 2018.

Asia Pacific is leading the athletic footwear market with maximum share and is expected to enjoy a 41.6% share of the market in 2018, closely followed by Europe. The North America market is growing at a relatively slower rate, due to high labor cost, raw material cost and strong competition.

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Factors driving the global athletic footwear market include growing awareness about healthy and active lifestyles, rising demand for comfortable footwear, rising demand for innovative footwear designs and technology, growing population and rising disposable income levels. The market is projected to grow at a CAGR of 1.8% from 2011 to 2018, and is expected to reach USD 84.4 billion in 2018.

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The shoe insert market, the largest segment, holds 36% market share of the athletic footwear market and is expected to grow at a CAGR of 1.7%. The sports footwear market is expected to grow at the fastest CAGR of 2.1% till 2018 and holds 35% market share of the athletic footwear market. The hiking shoes segment holds 19% market share and backpacking boots 9% market share of the athletic footwear market.

Based on consumer groups, the athletic footwear market is segmented into men, women and kids segments. The men’s footwear market is a leading segment in the consumer group with 62% market share of the overall athletic footwear market. The second largest segment is the women’s footwear market, which holds 29% market share growing with a CAGR of 1.3% from 2011 to 2018. Due to the high demand for comfortable and sporty footwear for kids, the demand for kids’ footwear is expected to grow at the fastest CAGR of 2.8% from 2011 to 2018.

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The athletic footwear market is analyzed over four regions – North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific region accounted for the largest share of 42% of the overall athletic footwear market and is expected to grow with a CAGR of 1.7% from 2011 to 2018. Athletic footwear manufacturers are heavily concentrated in the Asia Pacific region. This continent has produced 87% of all the pairs of shoes produced all over the world. The athletic footwear market has the highest growth in the Asia Pacific region due to the cheap labor cost and raw material cost.

Nike is a world-leading brand in the athletic footwear market and holds the maximum share of 41% in the industry. The athletic footwear market is quite consolidated with the top five players, Nike, Adidas, Reebok, Puma and Asics. There is strong competition in these niche players. These brands hold around 80% market share of the athletic footwear market. Other players in the market are New Balance, Converse, Sketchers, Vans, Saucony and K-Swiss.

This report is an effort to identify factors, which will be the driving force behind the athletic footwear market and sub-markets in the next few years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the athletic footwear industry in terms of product and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global athletic footwear market and further validated numbers with the key market participants and C-level executives.

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Eyewear Market (Spectacles, Contact Lenses, Plano Sunglasses) – Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018

According to a new market report published by Transparency Market Research “Eyewear Market (Spectacles, Contact Lenses, Plano Sunglasses) – Global Industry Analysis, Size, Share, Growth and Forecast, 2012  2018,” the demand for eyewear products was over 2,600 million units in 2011, and is expected to grow at a CAGR of 3.7% from 2012 to 2018. In terms of revenue, the market was valued at approximately USD 81 billion in 2011 and is expected to reach USD 130 billion by 2018.

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High degree of market penetration of corrective eyewear such as spectacles/eyeglasses is primarily responsible for the burgeoning demand for these products. The increasing number of individuals requiring prescription eyewear is also a major driving force for the growth of this market. Expansion of the wearer base can be mainly attributed to children requiring vision correction at an early age due to lifestyle changes, and the rapidly increasing aging population which requires progressive lenses. However, increasing awareness and acceptance of corrective or refractive surgeries to eliminate the use of corrective eyewear is expected to inhibit market growth over the next five years.Consumer_Goods copy

Spectacles (spectacle lenses and spectacle frames) are the largest product segment of eyewear in terms of demand and revenue, and were valued at over USD 63 billion in 2011. Contact lenses are another major eyewear product, and are expected to enjoy increasing consumer demand. However, this is not expected to translate into high revenues owing to the relatively lower retail prices of contact lenses compared to other eyewear products.

Increasing usage and acceptance of eyewear products in general, and prescription eyewear in particular, is a critical driver for market growth. With a large percentage of the population afflicted with conditions such as myopia, hyperopia, presbyopia, and astigmatism, the demand for corrective eyewear is on the rise. Plano sunglasses, which are sunglasses fitted with non-Rx lenses, provide protection for the eyes against harmful UV radiation. These non-prescription products are expected to witness lower demand in the organized sector in developing geographies; however, they contribute largely to the overall revenue due to high retail prices.

Spectacles enjoy widespread global popularity owing to high degree of penetration in developing and developed economies alike. Due to lifestyle changes, which involve increasing formal employment and extensive usage of computers, the number of individuals using corrective eyewear is also on the incline. Contact lenses are gaining user acceptance due to increased awareness and convenience of use. Daily disposable and weekly disposable contact lenses are expected to be the preferred modality, due to their cost effectiveness and low dependency on eye care products.
The low availability of eyesight testing centers and eye examinations in developing regions has resulted in lower penetration of eyewear products in these geographies. This could emerge as a viable opportunity for market players, as healthcare services are essential for the prescription and renewal of corrective eyewear.
This report studies and analyzes the global eyewear market based on the available product types, the distribution channels employed, and geographical segmentation, which consists of North America, Europe, Asia Pacific, and the Rest of the World (RoW) region. The study also provides an in-depth analysis of the various factors driving and restraining the eyewear market, as well as the potential opportunities for all the stakeholders involved.

Browse the full report with TOC at http://www.transparencymarketresearch.com/eyewear-market.html