Globally, around 1.3 million people are killed worldwide in road accidents every year. Out of these deaths, nearly 90% are caused by human error, with driver error being the cause behind an estimated 80% of these accidents. This creates a market requirement for a viable and effective pedestrian protection system. Usage of PPS is expected to reduce the rate of pedestrian fatalities by 10%-15% and the rate of pedestrian injuries by 15%-17%. The lower reduction rates are the result of an expected driver misuse of PPS by intentionally disengaging the system.

Saturation in the volume of sales of premium two-wheelers in matured economies like the US, Europe, and Japan has forced OEMs to shift their focus to emerging countries like India and China, which are mostly predominated by commuter segment bikes. OEMs are currently following the trend of equipping low displacement motorcycles with additional features like slipper clutches for targeting the market in emerging countries. Bikes with additional features are targeted at buyers who are looking to upgrade from the commuter segment and to step into the premium segment. The growing sales of electric two-wheelers and automatic scooters is a major challenge to market growth. Penetration of the slipper clutch market is highest in Europe, especially in high displacement motorcycles (>1000CC), owing to the strong base of OEMs in Europe
with brands like BMW, Aprilia, Ducati, Benelli, and Moto Guzzi.

Consumers today demand products that have multifunctional benefits to address various skin-related issues through one solution. For instance, the demand for Garnier's anti-aging BB cream, which can be used as a serum, primer, moisturizer,foundation, and sunblock, is high. The global skin lighteners market is highly competitive, where the presence of established vendors with considerable equity adds to the competitiveness of the market. Over the forecast period, vendors are expected to further establish their presence in APAC.The global skin lighteners market is facing concerns related to the usage of hydroquinone and mercury in skin lighting products, as these ingredients cause various skin-related issues. To that end, over the coming years, new and improved formulations are expected in the skin lighteners market.

Skiing is a popular sport with over 110 million skiers across the globe recorded in 2015. The US continues to remain the most preferred destination for skiing as it has around 14 million skiers. Also, Europe has around 60 million skiers who ski mostly in the Alps. Increasing government initiatives across the globe, and infrastructure development in South Korea and China for the upcoming Winter Olympics continue to drive market growth. The Chinese government's plan to increase the number of skiers to 300 million before the Winter Olympics in 2022 will be a major growth factor. The falling value of the pound in the UK is making ski equipment cheaper in stores as compared to online retail. This can help increase sales for a certain period of time. The market has been dominated by key players such as Amer Sports, Newell Brands, and Rossignol. However, the market has still an opportunity for new players as the sport is expanding in countries like China, Australia, and India.

The need to automate the management of day-to-day information related to students is driving educational institutions to implement student information systems (SISs). Students use these systems for daily tasks such as registering for courses and classes, viewing their grades, and accessing transcripts. Faculty uses these systems to view their teaching schedules, submit final grades, and access academic information related to students. Administrators use SIS to automate various manual processes such as data entry. Educational institutions can enhance their strategic initiatives by using data drawn from built-in analytics of SIS. Key vendors in the global SIS market for higher education, such Jenzabar,Ellucian, Unit4, and Oracle, are working with educational institutions to improve their product offerings. Some of the prominent M&A include Unit4 acquisition of Three Rivers Systems to strengthen its presence in the global SIS market for higher education. Similarly, Jenzabar acquired RJM Systems in 2015. Following the acquisition, Jenzabar invested in RJM's SONISWEB SIS, a web-based SIS, to attract a larger consumer base. Vendors such as Workday that typically offer enterprise solutions have also entered the market to capitalize on the demand for software solutions in higher educational institutions.

Aged premium single malt whiskies are short in demand and players in the market are resorting to other methods such as releasing no age statement whiskies to meet the demand.European Union (EU) is the largest export market for single malt Scotch whisky and the exit of the UK from EU will affect the exports from UK.Emergence of no age statement whiskey products is the main trend in the global single malt whiskey market. Whiskey-based tourism is increasing in countries such as Scotland, India, and others, and this trend is expected to increase during the forecast period.

The growing development of short-range air-defense (SHORAD) missile systems in the US, China, North Korea, India, Germany, Poland, Italy, and Russia is a prime driver of the market. Asia-Pacific (APAC) is expected to have the highest growth rate (4.55%) during the forecast period. The growing investments in R&D programs is a key factor propelling the development of SHORAD missile systems.

5-axis Computerized Numerical Control (CNC) machining had already made a significant difference in the metal processing industry by reducing the cycle time,increasing efficiency, and decreasing the wastage of material. With an everincreasing demand from end-user industries, the 6-axis CNC machine has been introduced. This innovation is expected to redefine machining operations. Reduced CAPEX spending by manufacturers has compelled industries to scout for low-cost options. This trend has contributed to the easy reach of refurbished machines for consumers. In addition, the rising demand for these machines is attributed to their cost differential of 50%-75%. This, coupled with the highly fragmented industry scenario, has provided a threat to established players with a possibility of subdued sales. Low-cost manufacturing opportunities in APAC have compelled manufacturers across all industries to move their manufacturing bases to this region. Rising automotive production in Thailand and initiatives such as Make in India have made this region the focal point of global manufacturing. Therefore, Technavio expects this region to lead in the manufacturing market, and in turn, prove to be a major market for sheet metal equipment.

In 2015, the global semiconductor process control equipment market was dominated by KLA-Tencor accounting for 48.49% of the global market in 2015. This is because most of the end-users (semiconductor device manufacturers) share a mutual understanding with KLA-Tencor and order new semiconductor process control equipment from it. In addition, it has the necessary resources to constantly update its production line to the latest technology requirements of the semiconductor industry.The major end-users for semiconductor process control equipment are foundries,
integrated device manufacturers (IDMs), and memory manufacturers. Foundries account for 62.35% of the global market, while memory manufactures and IDMs make up for the remaining 37.65% of the market. Memory manufactures account for a share of 23.75% and IDMs 13.9%. The number of IDMs has reduced drastically due to cost-saving efforts by semiconductor manufacturers, the majority of whom are migrating to the fabless model. Similarly, the memory manufacturing industry has also observed a lot of consolidation, leaving behind only a few. The
major end-users of semiconductor process control equipment are foundries.

Semiconductor IP is generated from multiple data sources, file systems, and internal databases. Currently around 60% of IP is internally developed, 20% from the foundry portfolio library, and another 20% from third-party IP vendor licenses.The leading MNCs such as IBM, Apple, Qualcomm, Intel, Texas Instruments, and Samsung along with the semiconductor foundries will be integrating system on chip (SOC) and 3D/TSV designs into high level and highly complex custom applications, during the forecast period. To make this happen, these foundry vendors and
companies will be using different types of internal and third-party IP solutions for major applications.This report considers 2015 as the base year. The values presented in the report are the actual values for 2015 and have been estimated for the period 2016-2020 on the basis of primary and secondary research.