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News

Demand for Vinyl Flooring Plasticizer Is Growing At A CAGR of 3.2% Over 2032

The global vinyl flooring plasticizer market is  estimated at $1.349 billion in  2022 and is expected to reach $1.88 billion  by 2032, growing at a CAGR of 3.2% during 2022-2032 .

Through a multidisciplinary approach, Fact.MR details the historical, present and future prospects of global vinyl flooring plasticizers and an extensive analysis of the factors responsible for this growth. Our dedicated experts have performed exhaustive primary and secondary research to input important and accurate insights relevant to every industry and region.

We leverage space-age industrial and digitizing tools to provide our clients with avant-garde and actionable insights into vinyl floor plasticizers. To enhance the reader’s experience, the report begins with a basic overview of vinyl flooring plasticizers and their classification.

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Who are the key players in the Vinyl Flooring Plasticizers Market research report?

  • BASF SE
  • UPC group
  • Exxon Mobil Co., Ltd.
  • LG Chem
  • Eastman Chemical Company
  • Evonik Industries AG
  • Aekyung Petrochemical Co., Ltd.
  • Nanya Plastics Co., Ltd.
  • Shandong Qilu Plasticizer Co., Ltd.
  • Shandong Hongxin Chemicals Co., Ltd. Ltd.

Key Segments

  • By Plasticizer Type
    • Pthalates
      • DINP
      • DIDP
      • DEHP
      • Others
    • Non-Pthalates
      • Benzoates
      • DEHT
      • DINCH
      • Others
  • By Region
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa
  • Fragmentation of vinyl floor plasticizers by product type, end use and region.
  • Comprehensive assessment of upstream starting materials, downstream demand and current market environment.
  • Collaboration, R&D projects, acquisitions and product launches of each vinyl floor plasticizer player.
  • Various government regulations on the consumption of vinyl floor plasticizers.
  • The impact of modern technologies such as big data and analytics, artificial intelligence and social media platforms on global vinyl floor plasticizers.

This report covers the following Vinyl Flooring Plasticizers Market insights and assessments: This will benefit all the participants involved in the Vinyl Flooring Plasticizers market.

  • Data on recently introduced regulations and their impact on key industries and demand for vinyl floor plasticizers
  • Latest industry analysis of Vinyl Flooring Plasticizers market along with key analysis of market drivers, trends and influencing factors.
  • Key trends Vinyl Flooring Plasticizers market analysis and changing consumer preferences in key industry segments.
  • Vinyl floor plasticizer demand and consumption change in various products
  • Key Trends Highlighting Funding by Leading Investors in Multiple Countries
  • New investment opportunities in different technologies and types of products or services
  • Comprehensive Data and Competitive Analysis of Leading Vinyl Flooring Plasticizers
  • Vinyl floor plasticizer US market sales will grow at a steady rate, fueled by growing consumer confidence and economic recovery.
  • Vinyl floor plasticizer demand forecasts in Europe remain stable as many countries such as UK, France and Germany focus on boosting growth

The questionnaires answered in the Vinyl Flooring Plasticizers report are as follows:

  • How has the Vinyl Flooring Plasticizers market grown?
  • What are the current and future prospects for global vinyl flooring plasticizers by region?
  • What are the challenges and opportunities of vinyl floor plasticizers?
  • Why is Vinyl Flooring Plasticizer Consumption the Highest in the Region?
  • Which year segment is expected to overtake the segment?
Categories
News

Global Demand For Coating Binders Is Growing With A CAGR Of 3.1% Over 2032 | Fact.MR

The market for coating binders is anticipated to be worth USD 35,133 million in 2022 and rise at a CAGR of 3.1% from 2022 to 2032 to reach USD 50,563 million.

According to Fact.MR estimates, the market for coating binders will be worth USD 50,563 million by 2032’s end and will represent roughly 20% of the whole market for polymer binders during that time.

Binders for coatings play a crucial role in keeping pigments in place, which is essential for coatings’ protective qualities. Additionally, durability and appearance of coatings are improved by using the proper ratio of binders. As a result, coating binders have been recognised as the most significant chemical in the composition of coatings.

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Competition Landscape

The global coating binder market is partially consolidated with key players dominating the global value share. Moreover, players have opted for mix of organic and in-organic growth strategies such as product development, innovation, collaboration thus helping them to garner market share.

Fact.MR has provided detailed information about price points of top manufacturers of coating binder positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion in the recently published report.

Prominent Key Players Of The Coating Binders Market Survey Report:

  • Arkema sa
  • ASHLAND GLOBAL HOLDINGS, INC
  • BASF SE
  • Evonik Industries AG
  • H.B. Fuller company
  • Koninklijke DSM N.V.
  • Shin-Etsu Chemical Co., Ltd.
  • Stephan company
  • Synthomer plc
  • The Dow chemical company
  • THE Lubrizol corporation
  • The Sherwin-Williams Co.
  • Toray Industries, Inc.

Key Segments

  • By Product Type
    • Alkyds
    • Acrylics
    • Epoxy
    • Polyesters
    • Vinyl-Acrylics
    • Polyurethanes
    • Others
  • By Nature
    • Synthetic
    • Natural
  • By Technology
    • Waterborne Coating
    • Solvent Based Coating
    • Powder Coating
    • High Solids
    • UV Cure
  • By Application
    • Architectural Coating
    • Automotive Coating
    • Wood Coating
    • Industrial Coatings
    • Others
  • By Region
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Questionnaire answered in the Coating Binders Market report include:

  • How the market for Coating Binders has grown?
  • What is the present and future outlook of the global Coating Binders on the basis of region?
  • What are the challenges and opportunities for the Coating Binders?
  • Why the consumption of Coating Binders highest in region?
  • In which year segment is expected to overtake segment?
Categories
Business

Business Strategy of Light Tower Industry with Growing Factors

Business Strategy:

  1. Identify and segment the target market: Light towers are most commonly used in construction, mining, and event production industries, so it is important to focus on the needs of these industries. Additionally, understanding the regional differences in the markets can help identify and segment the target market.
  2. Develop a competitive product offering: Light towers should be designed with features that meet the needs of the target markets. For example, features such as portability, durability, and energy efficiency should be considered. Additionally, understanding the competitive landscape of the market and keeping up with the latest technologies can help to develop a competitive product offering.
  3. Leverage digital marketing: Digital marketing can be used to reach potential customers and engage with them. For example, social media can be used to create brand awareness and to showcase products. Additionally, search engine optimization can help to drive more traffic to the website.
  4. Utilize an effective pricing strategy: It is important to understand the pricing strategies of competitors and determine the optimal price point. Additionally, offering discounts and promotions can help to attract more customers.
  5. Establish a strong distribution network: Establishing a strong distribution network can help to ensure that products are available to the target market.

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Light towers are an increasingly popular type of business, offering a wide range of services and products to their customers. From lighting up construction sites and other outdoor areas to illuminating areas with special lighting effects, light towers are quickly becoming an invaluable tool in many commercial and residential settings. Whether you’re a business owner looking to brighten up your outdoor space or a homeowner looking to add a unique touch to your yard, light towers are an excellent way to get the job done.

Light towers come in a variety of shapes and sizes, and they can be used for a variety of purposes. For instance, some light towers are designed for use in construction sites to illuminate large areas. They can also be used to create a dramatic effect in outdoor areas, such as parks, gardens, and backyards. Additionally, light towers can be used to provide security lighting for businesses and homes.

Light towers eliminate the need for bulky and expensive lighting fixtures. They are relatively easy to install and can be adjusted to meet any lighting requirements. Additionally, light towers are ideal for outdoor applications, as they can be mounted on poles, walls, or columns. Their small size also makes them ideal for areas with limited space.

Categories
Business

Innovation & Development in Matcha Tea Business

Matcha tea has become one of the most popular beverages in recent years, as more and more people discover its many health benefits. The matcha tea industry is booming as a result, with more and more companies entering the market to offer their own unique products.

Matcha tea is made from green tea leaves that have been ground into a fine powder. This powder is then mixed with hot water to make a tea with a distinctively creamy, earthy flavor. It is rich in antioxidants and other beneficial compounds, such as catechins, which can help protect against various diseases and disorders. It is also low in calories and contains no caffeine, making it a great choice for those looking to reduce their caffeine intake.

The growing popularity of matcha tea has created a large demand for it, and many companies have entered the market to capitalize on this demand. Matcha tea can now be found in many forms, including powdered, in capsule form, and as a hot or iced tea. Companies are also creating unique products such as matcha lattes, matcha smoothies, and matcha-infused snacks and desserts. These products have become popular with health-conscious consumers, as they offer the same health benefits as regular green tea

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Innovation in Matcha Tea  Business

  1. Online Matcha Tea Subscription Service: Companies can offer monthly subscription boxes that contain a variety of matcha tea products, such as organic matcha tea, matcha powder, matcha tea bags, matcha-infused snacks, and other matcha-related goods.
  2. Matcha Tea Cafes: Many people enjoy matcha tea in cafes, so opening up matcha tea cafes could be an interesting innovation. These cafes could serve traditional matcha tea, as well as matcha-infused drinks, snacks, and desserts.
  3. Matcha Tea Education: Companies can offer classes or online courses to teach people about the history and culture of matcha tea, as well as how to prepare it.
  4. Matcha Tea Events: Companies can host events, such as tea ceremonies, tea tastings, and matcha-making workshops, to bring people together and introduce them to the world of matcha tea.
  5. Matcha Tea Delivery Service: Companies can offer a delivery service for matcha tea and related products, so customers can get their tea quickly and conveniently.
Categories
Business

Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites Industry Analysis By Growing Factors

The market for continuous fiber–reinforced thermoplastic (CFRTP) composites is on the rise, as the automotive industry and other industries recognize the advantages of this new material. CFRTP is a composite material made up of a polyamide matrix (plastic) reinforced with continuous carbon or glass fibers. It is lightweight, strong, and corrosion–resistant. These characteristics make it ideal for a variety of applications, from automotive parts to aerospace components, and more.

The growth of the CFRTP market is being driven by the increased demand for lightweight and strong materials for automotive and aerospace applications. Automakers are looking for materials that can reduce the weight of their vehicles, while still providing the required strength and durability. CFRTP meets these requirements, and its lightweight properties make it ideal for parts such as bumpers and other exterior components. In addition to automotive applications, CFRTP is being used in the aerospace industry for components such as fuselage and wing skins. This material is also being used in the medical field, where its light weight and strength make it ideal for prosthetics, implants, and other medical devices.

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Growing Factors of Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites industry:

  1. Increase in Demand for Lightweight Materials: CFRTP composites are lightweight materials that are becoming increasingly popular in the automotive and aerospace industries due to their superior strength-to-weight ratio. This is leading to an increase in demand for CFRTP composites, as they provide high performance and reduce overall weight, thus improving fuel efficiency.
  2. Technological Advances: Advances in technology have enabled the development of new types of CFRTP composites, which are more durable and resistant to various environmental conditions. This has led to an increase in the demand for CFRTP composites, as they offer superior performance and reliability.
  3. Cost Efficient: CFRTP composites are cost-effective compared to their conventional counterparts. This is due to the fact that CFRTP composites require less energy and time to manufacture, thus reducing production costs.
  4. Growing Automotive Industry: The increasing demand for fuel-efficient vehicles is driving the growth of the automotive industry, which in turn is creating a demand for CFRTP composites. The use of CFRTP composites in the automotive industry is expected to increase
Categories
Chemical

New Strategy for Aerospace Composites Business Growth

The global aerospace composites market is estimated to reach USD 22.77 billion by 2025, according to a new report by Grand View Research, Inc. This growth is attributed to the increasing focus on lightweight materials and the increasing demand for fuel-efficient aircrafts.

Aerospace compositesaircraft are materials made of two or more components, such as synthetic fibers and resins, to create a highly durable and lightweight material. These composites are used in the aerospace industry for the manufacture of aircraft components and structures. They offer the highest strength-to-weight ratio among all materials used in aerospace and are increasingly replacing traditional materials such as aluminum and steel.

The increasing demand for fuel-efficient aircrafts is expected to drive the demand for aerospace composites. The growing demand for commercial aircrafts and defense aircrafts is also expected to drive the growth of the market. The rising demand for composite materials from the military and defense sector is also expected to drive the market. The increasing focus on reducing the overall weight of aircrafts is also expected to drive the demand for composites, as they are lightweight and cost-effective compared to traditional materials.

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The business growth strategy of the Aerospace Composites Market is to focus on the development of new, innovative composites that enable the aerospace industry to reduce weight and improve overall performance. This could include the development of new materials, such as carbon fiber and other advanced composites, or new ways to manufacture parts and components using composites. Additionally, the market should focus on developing and expanding its customer base to include new aerospace customers and to establish relationships with existing customers. The market should also take advantage of opportunities to expand its international presence by establishing partnerships with companies in other countries, as well as by exploring new markets. Finally, the aerospace composites market should focus on developing and commercializing new products, processes, and technologies, such as 3D printing, to stay ahead of the competition.

Categories
Pharmaceutical

Unlocking New Possibilities in the Anticoagulants Industry

The sales of anticoagulant are expected to reach US$ 30 Bn by the end of 2021. As per the study, demand will continue rising, expanding over 2x to be valued at US$ 65 Bn by the end of the 2021-2031 assessment period.

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This research highlights the key trends that hold the potential to influence the growth of the anticoagulants market, along with crucial macroeconomic and microeconomic growth indicators. This insightful report offers the key dynamics, and their impact on the value chain, which are projected to influence the future growth of the anticoagulants market.

The study also includes a detailed section dedicated to impeders that could challenge the growth of players in the anticoagulants market. The report unfolds lucrative opportunities for market players, which they can leverage to consolidate their position in the global market. With a view of aiding stakeholders in the anticoagulants market, the study comprises a detailed section on the competition analysis. The study offers a dashboard view of the report, with a comprehensive comparison of players operating in the anticoagulants market, based on total revenue, market presence, and key developments. Besides this, the recent developments and key strategies of players in the anticoagulants market have also been included in this comprehensive study.

Key Companies

  • Bayer AG
  • Boehringer Ingelheim International GmbH
  • Bristol-Myers Squibb Company
  • Daiichi Sankyo Company Ltd.
  • Sanofi SA
  • Johnson & Johnson

Anticoagulants Market – Assessment of Key Segments

Authors of the report have segmented the anticoagulants market into key categories in order to study the market at a microscopic level. The key segments considered while bifurcating the anticoagulants market include:

Besides laying focus on the aforementioned key segments, the report also studies the anticoagulants market at a country level, to recalibrate the underlying opportunities available for players in the anticoagulants market for the forecast period. Among all the estimated data, the report also includes Y-o-Y growth projections, which can help market players in comprehending the precise trajectory at which the anticoagulants market has been growing.

Key companies profiled in this exclusive study include Bayer AG, Boehringer Ingelheim International GmbH, Bristol-Myers Squibb Company, Daiichi Sankyo Company Limited, Sanofi, and Johnson & Johnson Service. The study provides crucial insights into the finances of these companies, along with their product portfolios, key strategies, and SWOT analysis. In addition, the study also discusses Porter’s Five Forces, which highlights the threats of substitutes, purchasing power of buyers and suppliers, and intensity of competition present in the anticoagulants market during the forecast period (2020-2026).

Key Segments Covered

  • By Drug Class
    • Factor X Inhibitor (NOAC/DOAC) Anticoagulants
    • Heparin Anticoagulants
    • Direct Thrombin Inhibitor Anticoagulants
    • Vitamin K Antagonist Anticoagulants
  • By Indication
    • Deep Vein Thrombosis
    • Pulmonary Embolism
    • Atrial Fibrillation & Heart Attack
    • Other Indications
  • By Route of Administration
    • Oral Anticoagulants
    • Injectable Anticoagulants
  • By Distribution Channel
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies
  • By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
Categories
News

Demand For Fish Oil Is Projected To Rise At A Moderate CAGR Of 5.5% By 2032

The global fish oil market is valued at US$ 2.1 Bn, and is expected to witness a significant growth rate at a CAGR of 5.5% to top a value of US$ 3.6 Bn by 2031

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As health supplements are becoming popular, top fish oil brands are focusing on offering omega fish oil/omega-3 supplements in the global market. Due to the high level of competition, manufacturers are offering products with additional nutrients.

  • For example, Schiff’s omega-03+ multivitamin capsules combine the benefits of fish oil with adjacent health claims to entice customers.

Top fish oil manufacturers are also focusing on introducing new products in the global market owing to increased demand for fish oil from the pharmaceutical industry.

Competition Landscape

Top cod oil retailers are focusing on continuous product launches to reach a large consumer base, while top mackerel oil retailers are focusing on promotional and marketing activities to create awareness about the health benefits of fish oil in the global market.

Appealing to millennials can be a difficult task, since they are the most dispersed target group and respond to marketing messages extremely differently. But manufacturers know that millennials are the biggest social media users and they react the best to Internet marketing. For this target group in the decision-making process, appeal against one-click ordering and possibility of comparing supplements online is key.

  • In 2019, BASF Nutrition and health launched an omega-3 solution for the chronic condition of non-alcoholic fatty liver disease.
  • In 2020, AlaskaOmega launched omega-3 concentrate powder made from natural fish oil.

Similarly, recent developments related to companies offering fish oil have been tracked by the team at Fact.MR, which are available in the full report.

Key Companies

  • Croda International Plc
  • Pelagia AS
  • Sursan A.S.
  • Ocean Group Limited
  • GC Rieber Oils
  • Tecnológica de Alimentos SA
  • Golden Omega
  • Stepan Company
  • BASF SE

Main Segments Covered in Fish Oil Industry Research

  • By Grade
    • Feed Grade Fish Oil
    • Food Grade Fish Oil
    • Pharma Grade Fish Oil
  • By Process
    • Crude Fish Oil
    • Refined Fish Oil
    • Modified Fish Oil
  • By Product
    • Salmon Oil
    • Tuna Oil
    • Cod Liver Oil
    • Sardine Oil
    • Squalene Oil
    • Krill Oil
    • Anchovy Oil
    • Menhaden Oil
    • Others
  • By End User
    • Aqua-feed
      • Crustaceans
      • Marine Fish
      • Salmon & Trout
      • Eels
      • Cyprinids
      • Tilapias
    • Food & Beverages
    • Dietary Supplements
    • Cosmetic & Beauty Products
  • Distribution Channel
    • Business to Business (Manufacturers and Distributors)
    • Business to Consumer
      • Modern Trade (Hypermarkets & Supermarkets)
      • Convenience Stores
      • Grocery Stores
      • Medical Stores
      • Discount Stores
    • E-commerce/Online Stores
Categories
ICT

The Future of Learning: Exploring the Possibilities of Augmented Reality in Education Industry

As per latest industry analysis published by Fact.MR, the global market for AR in education reached around US$ 1.5 Bn in 2020, and is slated to accelerate at a colossal CAGR of 80% to top US$ 85 Bn by 2031. Demand for AR in K12 is set to increase at a CAGR of 75% across the assessment period of 2021 to 2031.

Today’s learning process is becoming much more tuned to bring in the elements of interaction and creativity. By providing visual representations, AR helps students acquire, process, and remember information. Thereby, it helps them test out their knowledge in practice. Experimental learning is a crucial way to obtain new and innovative skills as it involves learning on the basis of conceptualization, observation, and testing situations.

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Key Segments Covered in AR in Education Industry Research

  • Product
    • Use of AR Solutions in Education
    • Use of AR Hardware in Education
    • Use of AR Content Management in Education
    • Use of AR Gaming in Education
    • Use of AR Video Games in Education
  • Application
    • AR in K-12
    • AR in Primary and Secondary Education
    • AR in Higher education

Key Takeaways from Market Study

  • Global AR in education market to top US$ 85 Bn by 2031.
  • AR in K12 projected to reach around US$ 30 Bn by 2031.
  • AR in higher education projected to record above 75% CAGR over next 10 years.
  • Market in North America holds share of more than 40%.
  • Market in South Korea expected to reach valuation of US$ 12 Bn by 2031.
  • Market in Australia to record 50% CAGR over forecast period of 2021- 2031.

“Implementation of AR in education enhances skill development and instils significant advantages in a student’s overall growth. With rising adoption of AR technology, a pool of opportunities for educational institutions and businesses will certainly open,” according to a Fact.MR analyst

Market Competition

  • In June 2018, Dell collaborated with Tata ClassEdge, a technology-based learning solutions provider, for the common objective of taking digital training to schools and equipping teachers with the requisite knowledge of implementing technologies in classrooms.
  • In August 2020, Google Ventures invested around US$ 14.5 Mn in Blue Vision Labs, an AR start-up company based in the U.K.

Competitive Landscape

The market witnesses several strategic partnerships, alongside other strategic initiatives such as expansion, collaborations, mergers & acquisitions, and product & technology launches.

Top companies in the AR in education market make strategic investments in research & development activities and fostering their expansion plans.

  • In 2019, zSpace announced planned for expansion of its augmented reality (AR) solutions for Career and Technical Education (CTE) coursework. The expansion will include applications for industrial robotics and advanced manufacturing, and will help prepare students for industry certifications and provide industry-related experience in the classroom through a hands-on learning experience.

Augmented reality in education is a rapidly growing field of technology that is being used to enhance the educational experience. It allows students to use their devices to interact with virtual elements in their physical environment, such as diagrams, 3D models, and videos. This technology can be used to create engaging and interactive learning experiences for students, allowing them to explore and manipulate objects in ways that were not possible before. Augmented reality also encourages collaboration, allowing students to work together to explore and understand concepts. Furthermore, it can be used to provide personalized learning experiences for students, allowing them to focus on their individual strengths and weaknesses. As augmented reality technology continues to develop and become more accessible, it has the potential to revolutionize education and provide students with exciting and engaging learning experiences.

Categories
Automotive

Demand Of The Overall Usage Insurance Is Projected To Reach Nearly US$ 150 Bn By 2031

The global demand of the overall Usage Insurance market accounted for almost US$ 30 Bn in 2020 and is projected to reach nearly US$ 150 Bn by 2031, expanding 5x across the 2021-2031 forecast period.

Growing complexities in the one-size-fits-all approach associated with general automotive insurance is prompting increased uptake of usage based insurance, which are far more dynamic and accurate in nature. Demand for black box usage insurance is expected to remain most prominent, amid wider connectivity and higher accuracy.

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Key Points Addressed in Usage Insurance Industry Analysis

Market Estimates and Forecasts (2016-2031)
Key Drivers and Restraints Shaping Market Growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand Share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Usage Insurance and How to Navigate
Recommendation on Key Winning Strategies
Usage Insurance Consumption Analysis 2016-2020 vs Market Outlook 2021 to 2031

According to Fact.MR- market research and competitive intelligence provider, the global usage insurance industry grew to a value of approximately US$ 30 Bn by 2020. As conventional automotive insurance experiences significant constraints, vehicle owners are increasingly relying on usage-based insurance to optimize costs.

How are Good Driving Practices Paving Way for Usage Insurance?
Incentives for better driving habits will increase drivers’ motivation to improve their driving behavior. It leads to fewer traffic violations and accidents, resulting in fewer claims for insurance companies. This could prevent most drivers from paying more in rates and thus save them some money.

Implementation of tools for tracking drivers’ driving behavior through the use of telematics is acquiring significant traction. The adoption of various technologies, including odometers, smartphones, and OBD dongles, has profoundly affected the driving behavior of consumers.

The coverage provided by usage-based insurance can offer current and ongoing details about driving habits, enabling appropriate calculation of rates and discounts quickly. The maximum discount offered is 25 percent, but most drivers receive a five to ten percent discount after recording driving.

Key Segments Covered

Policy Type

Pay-how-you-drive(PHYD)
Pay-as-you-drive(PAYD)
Manage-how-you-drive(MHYD)

Product

Black Box
OBD Dongle
Smartphone
Others

Vehicle

Passenger Vehicle
Commercial Vehicle

Competitive Landscape
Major players with a prominent share in the market are focusing on expanding their customer base.

Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks announced its acquisition of AI-Powered telematics provider Driveway Software Corporation’s assets. It will be joined by Driveways’ strong and highly capable team of domain-rich experts.
On June 16, 2020, USAA is expected to acquire Noblr, a digital insurer offering behavior-based auto insurance. Dedicated to military personnel and their families, the company says its acquisition will help make it more competitive by upgrading its services. Financial strength was also cited as a factor as to why the company could acquire companies in this space and accelerate innovation.