Sunglass Stores Industry Market Research Now Available From Ibisworld

The Sunglasses Stores Industry has already begun its recovery from the economic storm. According to IBISWorld, the nations largest publisher of industry research, improving consumer sentiment and favourable demographics have helped bolster sales, benefiting companies like Luxottica Group and National Vision Inc. Revenue in the industry is expected to grow over the next five years which will be supported by higher projected household incomes and an improved sense of financial stability. For this reason, industry research firm IBISWorld has added a report on the Sunglasses Stores Industry to its growing Apparel & Accessories Stores report collection

Sales of sunglasses during the past five years have been particularly sensitive to drops in consumer confidence, as sunglasses are more of an optional purchase than prescription eye glasses. However, IBISWorld forecasts the sunglasses stores industry to rebound supported by higher projected household incomes and an improved sense of financial stability over the next five years.

Growth in the sunglasses stores industry will be driven by increasing awareness of the useful benefits and the style appeal of these accessories. Prior to the recession of 2008 and 2009, strong economic growth and easy access to credit enabled consumers to purchase sunglasses as a fashion accessory. The sunglasses market is typically distinguished by price and function, and classified into premium and value segments. According to IBISWorld analyst, Nikoleta Panteva, the premium segment has grown faster than the value segment in the five years to 2011. The fashion aspect also contributes to shorter replacement cycles and volatile sales, as styles and consumers’ financial capacity to spend change frequently.

To provide convenience for consumers, as well as to create brand awareness, sunglass stores aim to be located in high shopping traffic areas or near ophthalmic specialists. The industry remains fragmented through small retail chains and independent locations. Italian firm Luxottica Group and National Vision Inc. are the industry’s largest operators. Luxottica is a vertically integrated network of manufacturing plants, distribution operations and retail outlets. In the US Luxottica Group operates mainly through its Sunglass Hut and Oakley O locations.

Breadth and depth of product selection is also an important consideration. An appropriate product mix should tailor to match the demographic composition of the store’s market. Stores located in regions or states with a relatively higher income earning clientele should stock branded as well as private label frames, lenses, accessories and sunglasses. Additionally, stores are increasingly focusing on integrating services, such as eye exams, frame fitting, and purchasing advice to adapt to consumers’ demands for one-stop shopping.

Pressure Transducer Uses In The Oil And Gas Industry

The world wide oil and gas industry uses many types of pressure transducer for measurement and control in processes, drilling and down hole tools. With the need to find oil in less accessible areas the systems used in exploration, drilling and production becomes ever more complex and the use of pressure transducer products is increasing.

A few applications for pressure transducer sensors are:

Drilling Tools
Various types of pressure transducer are used in downhole tools to monitor hydraulic pressure, and pipeline oil pressure. Often a high pressure transducer is required, with a high operating temperature range due to the extreme environment. The Omni series 10 and series 8 pressure transducer models offer ranges up to 1000 bar with operating temperatures up to 150 degrees C.

Wellheads
Wellhead assemblies and Christmas tree use a range of pressure transducer sensors to monitor wellhead pressure. Due to the hazardous area the pressure transducer has to be of intrinsically safe or explosion proof design. A pressure transducer used in this application also needs to be rugged and weatherproof. The Omni series 23EXD and 23IS pressure transducer types meet both of these requirements.

Intelligent Pigs
Subsea pipe lines are tested on a regular basis with an intelligent pig. The pig may be fitted with several pressure transducer types to monitor pipeline pressure, and hydraulic pressure. Also a differential pressure transducer may be used to measure the difference in pressure between the front and back of the pig. As these devices are usually battery powered it is important to select a pressure transducer with low power consumption. The Omni series 10 pressure transducer only draws around 1mA and is ideal for these applications.

Core Analysis
In core analysis an oil sample may be forced at high pressure through a section of rock core. A pressure transducer in this application needs to provide high accuracy measurement up to 10,000 PSI and be constructed of either hastelloy or monel to avoid corrosion of the diaphragm. The Omni series 23 and 25 pressure transducer meets this
requirement.

Subsea Hydraulic Manifolds
Subsea hydraulic packs are used for various control applications in offshore oil production. Subsea hydraulic packs may use up to 10 pressure transducer units. The pressure transducer has to be made to the smallest design, and be able to work with high external case pressures. In this instance the pressure transducer may have the external housing removed with the bare PCB exposed to the environment to reduce the profile, with oil filling used to stop any seawater ingress.

Drilling Mud Systems
It is often a requirement to use a pressure transducer in mud flow lines. In these applications a pressure transducer with a flush diaphragm is required. This is because with a normal pressure transducer the pressure port is only 3 mm diameter, and is prone to clogging with mud particles. The Omni series 25 pressure transducer have a G1/2 or G3/4 flush diaphragm and can be supplied in EXD or IS format for hazardous area use.

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Food & Beverage Industry A Globally Extended Business

Food & Beverage industry is on a high today. It is one of the leading segments of business growing around the globe. This industry is considered to be the mainstay of the economic and financial activities taking place across the world. Whether it is a research industry, chemical company or restaurants, all of these have been structured around the core food and beverage industry. Today, this industry has extended to global fame where the struggling factors are almost over.

Confectionary, processed snacks, drinks, dry fruits, hybrid products, etc are essential part of the food and beverage industry. Not just this, the greater part of this industry comprises of processing raw materials to marketing products. With growing number of food and beverage companies, it is necessary that they list their company on websites to get popularity. Company profile listed on websites brings them into prominence among major users and also guarantees successful business.

Food & beverage industry is a globally extended business which has dramatically increased its popularity among millions. Even during this fiercely competitive era, such industries offer greater product varieties to meet the needs of the consumers. At the same time, they are immensely cost-effective and have succeeded in sustaining the pressure of the market forces.

The beverage industry has alone sustained the pressures of the competitive market. It has succeeded at meeting the growing demands of the people. To compete in this tough online business, one must popularize through online sources. List your company on websites which are authentic and can assure you of the best return. Learn about the right kind of website through which you can reach to wider target audience. Speedy production result from food and beverage industry has been paramount to its overall growth. Having said that, it is natural that the companies have to face stiff competition in order to prove their reliability and proficiency. The globally extended business of most of these companies is due to the fact that they competed the rivals and emerged out with high production. Having to hold a business isn’t just enough. You must identify the possibilities of emerging the best out of the lot by placing in adequate efforts in the right direction. Promote your company online and learn about factors which would add to your benefit. Do not miss on any important aspect of promoting your business so that it leads to your setback. Most of the companies do compete in the world market and it is indeed the best practice to emerge successful.

The food and beverage industry though globally extended still can speed up its growth through online medium. With increased consumption of such products by the common people, it is natural that each single consumer purchase will add to the benefit of the companies. So, the companies who lack behind in the world’s market must opt for making strong online presence and assure to sustain through the tough market forces. It will surely contribute to the wider upliftment of the companies among the consumers and also gain them prominence.

Career Review Going into the Philippine Call Center Industry

The Philippine call center industry has truly grown in the past year. This is because the Philippines offer all that outsourcing offshore businesses need. First and foremost of these is the available competent workforce and relatively lower cost of labor as compared to an onshore operation. The industry has developed well and lead race in the global outsourcing industry. Every since the industry was went full swing in 1999, there was no turning back in development. A significant number of such businesses established in India moved or branched towards the Philippine archipelago when the large potential for the countrys geographic location was realized.

So are you Ready to Work in a Call Center?
Call centers, also called contact centers are great places to work in especially since one does not need any specific degree to get into one. A lot of Filipinos, according to surveys, have college degrees. However, you could have either finished mass media or nursing and it would not matter. All you need are the right skills especially in communicating with people and you could get hired right away. The best part about getting into this kind of career however, is the pay. This industry offers highly competitive salary rates even for the entry level applicants. This is why the call center has so many applicants.

However, it is not all fun and games. There are also a lot of challenges that one must face when getting into a career as a contact center agent. So what exactly are these challenges?

Challenges of Working in a Philippine Call Center
There are many challenges to working the contact center conditions. Filipinos basically love to wake up early in the morning to work (as opposed to say people in Hong Kong where the night is alive and people sleep till almost noon). But this will have to change because the call center industry requires one to work during the night. This is of course because the Philippines is almost at the opposite end of the globe to the U.S. where most of the customer calls will most likely come from. Thus, the time differential is immense. Day time in the United States is Night time in the Philippines. Conversely, night time in the Philippines is day time in the U.S.

There some dangers to working at night that one should first be aware of before considering going into the contact center industry game. Remember that the body has a natural circadian rhythm also commonly called as ones “body clock.” The body biological clocks time was determined by billions of years of evolution. Reversing this can have bad effects to some people with weak constitutions who cannot adjust well enough. Those with bad respiratory problems will exacerbate their problems. But those with heart diseases should not even consider going into such a career.

Other than these, working in a Philippine call center can be fun and comfortable if one can adjust well enough. The pay is good and there are always good medical benefits such as health cards.

High Net Worth Individual Singapore Wealth Management Industry

Original Source: High Net Worth Individual Singapore

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HNWIs population and wealth is growing at a very fast rate when compared to the global and Asia-pacific average. The wealth of HNWIs in Singapore is growing at 35.6%, whereas wealth of HNWIs is growing at 17.1% globally and 25.8% in APAC. The population of HNWIs is growing at 35.6% in Singapore, whereas it is growing at 18.9% globally and 30% in APAC. The growing wealth and population of HNWIs in Singapore provides a huge opportunity for wealth management companies. It is imperative for wealth management companies to know the changing needs and behavior of HNWIs in order to increase their profitability and customer base.

HNWIs in Singapore are demanding frequent personal interactions with their wealth managers. They want their managers to possess better product knowledge, be open to new ideas, and personally interact with them on a regular basis. They want them to understand their needs and the risk associated with a particular investment product. One of the major reasons why HNWIs change their wealth managers is their failure to understand the needs of clients.

The growing population of HNWIs in Singapore is providing a huge opportunity for wealth management firms to increase their revenues and customer base. The main purpose of this report is to study the changing needs and behavior of HNWIs in Singapore. It also aims to study their investing patterns and the factors, which will drive HNWIs wealth and the challenges faced by wealth management firms.

Scope of the report
Market Overview
This section discusses the market size and segmentation of the wealth management industry as a whole, and segmentation of the wealth of HNWIs in Singapore based on the way they have accumulated it, and the different asset classes and geographies in which they invest it.

Market Dynamics
This section discusses the trends related to changes in the needs and demands of HNWIs in Singapore as well as the factors that are driving wealth creation in the country. It also discusses the investments made by HNWIs in different asset classes and the challenges faced by the wealth management firms.

Trends of HNWIs in Singapore
This section discusses the varying demands of HNWIs based on their age group and the criteria they follow to choose their wealth managers. This section also discusses what asset classes are favored by HNWIs in Singapore.

Business case study
The case study discusses the measures taken by Oversea-Chinese Banking Corporation (OCBC) Bank based in Singapore, to improve customer service by streamlining its operations and save time on managing client information.

Company Profiles
This section describes companies offering wealth management services in Singapore, and includes an overview, primary business, wealth management operations in Singapore, strategies followed by them and recent developments related to wealth management operations in India

What makes our report unique?
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This market research study will forecast the future roles, uses, and acceptances of new products, services, and applications emerging in the marketplace. It will identify opportunities where companies can get a leg up on the competition.

Key questions answered
How Singapore HNWI offers opportunity to the wealth management firms.
Needs, demands and behavior of HNWI in Singapore
Factors which will drive the growth of wealth in Singapore
Challenges faced by wealth management firms
Trends of HNWI in Singapore
What are the major drivers and opportunities in the market?

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