The global four wheeler industry is made up of two segments: passenger cars that are meant for personal use and commercial vehicles that are meant for commercial use. Both these segments operate under contrast market dynamics with different customer behavior and value chain. The passenger cars segment is witnessing steady growth owing to the rising preference for personal vehicles by families and individuals across the world. On the contrary, the commercial vehicle segment is witnessing healthy growth rate, offering high volumes contributed by countries such as the US and China. The key reasons for such growth is the higher load bearing capacity, cost effectiveness, and comfort of these vehicles.

The automotive industry is witnessing structural changes since the past decade in the form of engine downsizing, electrification of automotive mechanism, emission regulations, connectivity, and safety. The industry is directly correlated with the economic environment and consumer confidence. The industry had witnessed a downfall during the 2008 sub-prime crisis with automotive sales plummeting along with the major North American OEMs facing financial troubles. During 2010-2012, the industry recovered from the sub-prime crisis with automotive sales reaching to prerecession levels in North America.

The interest of original equipment manufacturers (OEMs) in modifying the instrument cluster to enhance user experience, offer more useful information, and at the same time improve the aesthetics of the vehicle have collectively lead to several innovative versions of the instrument cluster. Electronic instrument clusters have been in the market as early as the 1970s. However, the recent trend skewing from analog to digital systems is paving a conducive technological environment to enable reconfiguration of instrument clusters. In line with this, OEMs are commercializing the same in several vehicle variants (not confining to high-end cars). It is for this reason that the instrument clusters that bear a thin film transistor-liquid crystal display (TFT-LCD) screen as display (as can be reconfigured) can be referred to as automotive reconfigurable instrument cluster.

Racing tires are high-performance tires that are customized for use in racing vehicles. The production of racing tires is capital-intensive and requires a significant degree of hi-tech equipment coupled with highly trained and skilled manpower dedicated to the purpose of engineering and manufacturing. Racing tires are designed to deliver superior performance demanded by racing conditions, and therefore undergo various quality, durability, and speed tests. Natural and synthetic rubber are the primary raw materials in the manufacture of tires. But textile reinforcements like rayon, aramid, nylon, and polyester are also used to manufacture racing tires.

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.