This new procurement report, which is an integral part of Technavio’s category spend intelligence portfolio, analyzes the growth prospects for business process outsourcing services for the next four years and provides insights into how they can derive maximum benefits from the current market scenario. It also follows a triangulated research approach of primary and secondary research to assist procurement heads and category managers through webinars and analyzing internal databases.
BPO involves subcontracting an organization’s services and tasks to third-party service providers. Some of these tasks include voice processing, data entry, transcription, telemarketing, and virtual staffing. Front office outsourcing and back office outsourcing are the two vital categories of BPO services. Front office outsourcing helps to manage services such as telemarketing, customer service or support, technical support or helpdesk, appointment scheduling, inbound or outbound sales, and market research.Similarly, back office outsourcing aids in data entry, data management, surveys, payment processing, quality assurance, and accounting support.
Our comprehensive data collection process follows a scrupulous approach of stakeholder insights, information review, data analysis, and information validation to offer category managers a holistic overview of the future market landscape.
Inside the report
This upcoming procurement market intelligence report on air freight services is an integral part of Technavio’s category spend intelligence portfolio and provides updated information about potential market shifts and potential risks, as well as in-depth knowledge of key products and services. Our team of procurement specialists follow a triangulated research approach of primary and secondary research to assist procurement heads and category managers through webinars and analyzing market landscapes.
An air freight service facilitates the transfer of goods from one location to the other using air as a mode of transport. These shipments are made from commercial and passenger aviation terminals across locations around the globe. Air freight service providers have the option of shipping a variety of goods depending on various factors such as type, size, weight, fragility and delivery time. Air cargo can be transferred through passenger aircraft, freight carriers (cargo aircraft), and charter aircraft.
This extensive data collection process comprises of several steps including stakeholder insights, information validation, data analysis, and information review to offer suppliers a holistic overview of the future market landscape.
Inside the report
A must-read market intelligence report for all procurement and supply chain professionals looking to drive higher value from the use of air freight services. ...
Technavio has recently added a procurement market intelligence report on global 3PL services market to its category spend intelligence portfolio. This report provides up-to-date information about current shifts and potential risks, as well as in-depth knowledge of products and services. Our procurement specialists follow a scrupulous research approach of primary and secondary research to help procurement managers and industry consultants through industry blogs and internal databases.
3PL or third party logistics refers to the outsourcing of various functions of the supply chain management such as warehousing, order fulfillment, distribution, and inbound and outbound freight services to a third-party service provider. 3PL service providers include freight forwarders, courier companies, and other firms that offer integrated logistics and transportation services.
The industry analysts follow an extensive data collection process comprising of data analysis, information review, information validation, and stakeholder insights, and to offer suppliers and category heads a complete overview of the future market scenario.
Inside the report
A must-read market intelligence report for all procurement and supply chain professionals looking to drive higher value from the use of 3PL services. ...
This new procurement report on global insurance services market, which is an integral part of Technavio’s category spend intelligence portfolio, provides up-to-date information about market shifts and potential risks, which can help in planning and executing category management activities. It also follows a comprehensive research approach of primary and secondary research to assist procurement heads and category heads through webinars and analyzing supplier landscapes.
Insurance is a risk management contract that allows an entity to receive financial protection or reimbursement from an insurer, against losses that are beyond the control of the insured party. The fee paid to procure an insurance policy is called premium. It is calculated on the basis various factors such as the business' type, location, the number of employees, claims history, products produced or sold, and competitors' prices. The amount of compensation paid by the insurer is generally dependent on the loss incurred, except for life insurance, for which the compensation is a fixed sum.
The industry analysts follow an extensive data collection process comprising of data analysis, information review, information validation, and stakeholder insights to offer suppliers and procurement heads a complete outline of the future market landscape.
Inside the report
A must-read market intelligence report for all procurement and supply chain...
Global outlook for the chip crushers market
The global chip crushers market is anticipated to grow steadily and will post a moderate CAGR of more than 1% over the forecast period. With rising environmental concerns and increasing focus on sustainable development, the market for chip crushers is anticipated to have a positive outlook in the coming years. Due to the rising concerns regarding global warming, countries such as India and China are raising their use of scrap iron to reduce their carbon footprints. Recycling scrap not only improves the industry’s economic viability but also reduces the environmental impact by eliminating the need for iron ore extraction for steel production. This results in the significant reduction of harmful carbon dioxide emissions, saves energy and water consumption, and also reduces air pollution. Due to these efficiencies, steel scrap has become a choice source of raw material for steel producers, which is impelling the growth prospects for this market until the end of 2020.
In this industry research report, the market research analysts have deduced factors such as the presence of cost-effective solutions for chip management is expected to bolster this market’s growth in the future. Effective chip management has several financial advantages that the manufacturers can capitalize on to increase their profit margins. The scrap obtained from clean, consistently sized, dry chip is very high, as they can be used as raw materials by any vendor, irrespective of their capacity to dry and size them. Moreover, these dry chips provide a remarkably high-grade re-melt value, as they have been separated from the cutting fluids, bar ends, and other contaminants. The availability of high-quality dry chips is critical in achieving a top-notch end product, which will lead to an augmented demand for crushed metal chips over the next four years.
A lens is a transparent piece of glass with one or two curved surfaces. It uses the principle of refraction to bend rays of light as they pass through the lens. The ultra short throw projector lenses allow projectors to be mounted on the wall just above the interactive whiteboard or the screen. This is extremely useful in classrooms as the teacher can stand in front of the board to interact with the displayed content without causing a shadow.
The report, global ultra short throw projector lens market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
Outlook of the global exhaust pressure sensor market
Technavio’s market research analyst predicts the global exhaust pressure sensor market to grow moderately at a CAGR of almost 2% until 2020. The advent of stringent rules for vehicle emission control has compelled automotive manufacturers to install emission control sensors in all their vehicles. This, in turn, has triggered growth in the global market for exhaust pressure sensors during the forecast period. Furthermore, with the growing demand for passenger cars and vehicle automation, the market for exhaust pressure sensors will have a positive outlook until 2020.
The recent rise in the demand for passenger cars will impel the prospects for growth in the global exhaust pressure sensor market during the forecast period. Recently, it has been observed that regions like APAC, North America, Central Europe, and Western Europe are currently experiencing a high demand for passenger cars due to factors like the increase in income, purchasing power parity, and urbanization. This increase in the demand for passenger cars will, in turn, necessitate the implementation of exhaust pressure sensors.
Geographical segmentation of the exhaust pressure sensor market
At present, the APAC region dominates the global market for exhaust pressure sensors and is expected to continue its market dominance during the forecast period. Countries such as China, India, and Japan are contributing towards the growth of this market. Some of the big automakers, such as Ford, Mercedes-Benz, and Volkswagen, are planning to expand their manufacturing facilities to India as it will help them to bridge the supply-demand gap in the Indian market. This recent shift in the manufacturers’ facilities will aid in the steady growth of the market in...
Market outlook of the bidets market
Technavio’s research analyst predicts the global bidets market to grow at a CAGR of about 4% during the forecast period. The growing awareness about the advantages of using bidets for maintaining hygiene is the primary growth driver for this market. Bidets are used to keep the genital area of an individual clean and hygienic, which in turn, help prevent skin irritation and rectal disorders. The advantages of using bidets include the prevention of disorders such as anal fistula, anal fissure, hemorrhoids, ostomy, Crohn's disease, irritable bowel syndrome, rectal prolapse, and ulcerative colitis.
One of the major challenges of using bidets is that it occupies additional space making them inappropriate for small to medium-sized bathrooms. This might prevent consumers from adopting it in the coming four years.
Geographical segmentation and analysis of the bidets market
The Americas accounted for 52% of the market share during 2015 and is expected to grow at a CAGR of 4% during the forecast period. Though, they have not been very popular in the past, the growing awareness among the users regarding the hygiene-related benefits of bidets is boosting the market in this region.
Competitive landscape and key vendors
The global bidets market is highly fragmented because of the presence of numerous small and large suppliers. Along with the popularity of bidets in Americas and Europe, the rapidly growing residential construction markets in APAC and Middle East are also offering significant growth opportunities for vendors.
The leading vendors in the market are -
- Eczacibasi Holding (Vitra) ...
Outlook of the automotive industry in Turkey
Technavio’s market research analyst has estimated that in terms of production capacity, the market for automobiles in Turkey will grow at a CAGR of over 3% by 2020. The automotive industry is crucial to Turkey’s economy as it contributes a significant amount to the country’s overall GDP. In this region, the manufacturers are focusing more on sourcing components, spares, and accessories that are manufactured locally as it will help to impel growth opportunities for manufacturers of motor vehicle spares and accessories during the next few years. Additionally, it has also been observed that the Turkish government has been encouraging manufacturers of automotive spares and accessories to set up and expand their manufacturing facilities in the country by providing subsidies. These government initiatives, coupled with the recent increase in automobile production will attract investments from manufacturers of automotive spares and accessories, and will foster the prospects for growth in this market until the end of the forecast period.
According to this market research report, an important trend facilitating growth in this market is the augmented adoption of electronic components in vehicles. In recent times, it has been observed that the incorporation of electrical and electronic systems, such as those used to monitor temperature, emissions, voltages, current, vacuum, and torque has increased drastically. This recent increase in the implementation of electrical systems can be attributed to the shift in customer preference toward automobiles incorporated with advanced electronics and differentiated accessories. This shift in the consumer’s preference will propel the demand for devices like infotainment systems and active and passive safety systems over the next four years.
Product-based segmentation of the motor vehicle spares and accessories market in Turkey...
Outlook of the aluminum manufacturing market in Serbia
According to the market research analysts at Technavio, the aluminum manufacturing market in Serbia is anticipated to witness steady growth and will post a CAGR of close to 3% over the forecast period. The increasing demand for aluminum from the automotive sector is one of the primary factors driving the growth of this market in the coming years. The global automotive industry is witnessing an increased demand for fuel-efficient automobile, as rising fuel prices are prompting consumers to switch to vehicles that can provide better mileage. Moreover, the increasing emphasis on fuel economy has prompted automobile manufacturers to look for ways to reduce the weight of automobiles. This has resulted in OEMs incorporating components that are manufactured from lightweight materials like aluminum. For instance, several automobile manufacturers are using aluminum unibodies in automobiles to reduce the weight of automobiles. In a unibody, the body panels of an automobile are molded together to form a strong shell-like structure. This eliminates the need for rivets, screws, and welds, which helps in reducing overall weight. Such developments are expected to increase the demand for aluminum and provide potential growth opportunities for manufacturers in the market. They are also expected to lead to increased collaboration between suppliers of automotive aluminum and automotive OEMs during the designing phase.
The constant and steady inflow of FDI in Serbia is one of the emerging trends that is expected to propel this market’s growth prospects over the next four years. Advantages such as low cost of production related to the manufacture of aluminum products are attracting the attention of foreign manufacturers. For example, the Greek aluminum manufacturer, Alumil, is planning to set up a manufacturing facility near Cacak, a city in west-central Serbia, for the...
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