Global Washing Machine Market to Grow with Improvements in Domestic Sector

The demand within the global washing machine market is poised to grow at a stellar pace in the forthcoming years. The domestic sector is the largest consumer of washing machines, and this is an important dynamic of market growth. Furthermore, use of washing machines across laundries has gathered momentum over the past decade. Manual washing of clothes and fabrics has taken a backseat across the residential sector. Increased spending capacity of the masses has helped the vendors in positioning their products to various consumer groups. Therefore, the global washing machine market is set to tread along a lucrative pathway in the years to follow.

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In this blog, TMR Research looks into several key aspects and dynamics pertaining to the growth of the global washing machine market.

  1. Whirlpool Emerges as a Prominent Player

Whirlpool has been amongst the most-sought after brands for washing machines. Apart from the quality of its machines, the company has also resorted to extensive marketing and promotion of its products. The 360 Bloomwash Pro model of Whirlpool has performed commendably across several regional markets. Other market players are investing in core research in order to develop cutting-edge technologies for the consumers. The next decade would play a crucial role in deciding the growth direction of the global market.

  • Availability of New Models across E-Commerce Channels

The market vendors have optimized the use of e-commerce channels for driving sales. Availability of new models across these channels has played an integral role in the growth of the global washing machine market. Furthermore, discounts and grants have been a part of the marketing strategies used by leading vendors in the global washing market.

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Some of the leading players operating in the global washing machine market are Whirlpool Corporation, LG Electronics Inc., Electrolux AB, and Samsung Electronics Co. Ltd.

Tumbler Market – Growth Prospects and More

Sports and outdoor recreational activities have caught the imagination of the new-age population in a significant way.  And, this leads to a higher demand for tumblers in which liquids can be carried with ease. As per a recent study by Transparency Market Research (TMR), the growth rate, compounded annually between 2018 and 2028 will be quite decent and will generate worthy opportunities for global tumblers market players in the period.

It is pertinent to note that a notable demand will arise for the one with lids due to their being super-handy. They stop spillage and leakage and the reusability makes them highly desirable for this outdoorsy new population which is quite aware of the choices it makes and the impact the choices create on the surroundings.

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Besides, as convenience forms a key for the millennial population, the tumblers are getting more and more popular with each passing year, thanks to their ability of simplifying lives for people who camp, trek, travel and so on, on a regular basis.

The market landscape of global tumblers market sees a lot of players and is thus quite fragmented and notable names in the market landscape include Tupperware Brands Corporation, Pelican Products, Inc., CamelBak Products, LLC, Can’t Live Without It, LLC (S’well Bottle), Thermos, LLC, Evans Manufacturing, Inc., Hydro Flask, Ee-Lian Enterprise (M) Sdn. Bhd., Cool Gear International, LLC, Klean Kanteen, Inc., Yeti Coolers, LLC, O2COOL, LLC, Bubba Brands, Inc., and Lock&Lock Co., Ltd., among others.

A lot of players focus on market expansion via mergers and acquisitions and partnerships and collaborations. Marketing of products also holds a key place in the global tumblers market. Other strategies include designing and packaging the product well, as per the taste of the target consumer. Also, product development is a major strategy for players to maintain an edge over the competitors.

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Developing Hydrogel Sensors to Tap Human Skin Sensations

A new sensor developed at the University of Toronto can record the sensations of the human skin. The sensor is stretchable, transparent, and is powered by its internal mechanism. The complexity of skin sensations is difficult to tap, but the new ‘AISkin’ sensor could resolve this difficulty. The researchers assert that the distinct properties of this ionic skin sensor could pave way for several advancements. Some of the key areas of applications of this sensor are personal health care, wearable electronics, and robotics. It would be interesting to see the take of medical professionals on the new sensor.

 Development of AISkin Sensor

Meanwhile, the sensor is a type of hydrogel, and it endows excellent adhesive properties. For this reason, it remains intact on the surface of the skin, and doesn’t fall off. Moreover, the biocompatibility and inexpensive costing of AISkin could help in accelerating its manufacturing. Therefore, several researchers are focusing on studying emerging avenues within soft robotics and ionic skin. This factor shall give an impetus to the research conducted at University of Toronto. The researchers used two oppositely-charged, stretchable sheets to develop the AISkin sensor. The combination of positive and negative ions helps in generating a layer known as ‘sensing junction’. This layer helps in tapping the complexities of the skin sensation.

 Similarities to Human Skin Sensor

 Changes in humidity, temperature, and strain results in the motion of ions inside the sensing junction. This motion can be gauged in terms of electrical signals such as current and voltage. Sensing of pressure or heat in the human skin also involves the use of mobile ions. Therefore, the new skin sensor imitates the action of the human skin. This could be an important consideration for analysts giving their feedback on the new technology.

Monash University Researchers Develop Ultra-Efficient Li-S Batteries

Research conducted at Monash University has led to the development of highly efficient batteries. The batteries are a combination of lithium and sulphur, and are due to revolutionize several commercial applications.  The lithium-sulphur batteries are four times more efficient than the models available in the market. With the capacity to power Australia and other regional pockets, these batteries could emerge as a ground-breaking technology.

 It is expected these batteries could support power for a smartphone for five days without need to be charged. Moreover, equipping these batteries in electric vehicles could optimize their single-charge run. The research was led by Dr. Mahdokht Shaibani from the department of Mechanical and Aerospace Engineering at Monash. Other researchers included Assistant Professor Matthew Hill and Professor Mainak Majumder.

 Addressing Problem of Power Optimization

 The researchers assert that the lithium-sulphur batteries are better in performance and environmental-friendliness. Furthermore, the ultra-high capacity of the batteries could help in addressing problems of optimal power in multiple devices. The researchers collaborated with Fraunhofer Institute for Material and Beam Technology for fabricating prototype cells. Moreover, they also received approved patents for their manufacturing processes. Science Advances journal published the findings of the research on 03rd January, 2020. The development displays potential to transform manufacturing of cars, phones, and grids, stated one of the researchers. Furthermore, this could give an impetus to manufacturing technologies in Australia.

 Support from Key Entities

 Li-S batteries are expected to account for a significant share of the $213 bn value chain estimated for Australian lithium. Moreover, the Australian vehicle market could also grow through the development of lithium-sulphur batteries. The research team revealed that they have received funding worth $2.5 million from governments and industry partners. Chinese and European manufacturers of lithium batteries have also shown interest in upscaling production of these batteries.