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Underwater Lighting Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Underwater Lighting Market was valued at US$ 302.7 billion in 2021 and is predictable to reach US$ 490 billion by 2030 which is projected to attain a CAGR of 5.5 % during the forecast period from 2021- 2030.
Underwater lighting systems generally consist of lights that are guarded with resilient materials for their smooth functioning in lakes, seas, ponds, or underwater areas. It is used for the decoration of swimming pools, for night fishing, and as underwater lights for appealing underwater visual landscaping.
Market Dynamics
The prime reasons attributed for the growth of the global underwater lighting market is owing to rising demand for underwater lighting in swimming pools, installation lights for aesthetic visuals, and attracting fish during night fishing. Such lights are also installed in sports facilities, hotel swimming pools, spas for attracting consumers and enjoying the pleasant atmosphere. The demand for LED has been gaining traction in the past few years owing to its energy-efficient characteristic and long-expected lifetime which is also anticipated for the growth of the global underwater lighting market during the forecast period.
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Underwater lighting is also used by divers and oceanographers to explore and navigate inside the ocean. LEDs lighting systems are used for clear and improved illumination underwater compared to old traditional lighting which results in scattering of light and makes it difficult in delivering ambient light to the divers. However, the higher installation cost of LEDs and corrosion of underwater lighting systems poses major restraints for the growth of the underwater lighting market.
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Screw Pumps Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Screw Pumps Market is projected to attain a CAGR of 7.1 % during the forecast period from 2021- 2030.
Screw pump is referred as a type of positive displacement pump which uses two or more screws that intermesh (counter-rotating towards each other) to pressurize the fluids and move them along the axis in a system. Screw pumps are majorly used for pumping corrosive liquids such as acids owing to complete elimination of any leakage because of their compact construction.
Market Dynamics
The rising demand for screw pumps can be attributed to the growing demand from numerous end-user industry verticals such as food & beverages, water & wastewater, oil & gas, and pharmaceuticals in the upcoming years. Screw pumps are available in several types and sizes owing to their numerous advantages such as maximum flow speed, hard & thick liquid, gases, oil can be easily moved among others. Further, the rising daily volume of natural gas & crude oil and demand for high pumping capacity equipment in numerous verticals is projected to deliver a positive impact to augment the global screw pumps market during the forecast period.
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In the oil & gas industries, it can provide a continuous fluids flow for enhanced production and can be the best replacement for vertical turbine pumps owing to its high-pressure capability, precise suction capabilities, low power consumption among others. Further, in the F&B industry, screw pumps help to transfer the powders, granules, or liquids from one tank/vessel to another without any wastage and don’t wear or damage even in the production process. In addition, in the transportation sector, the use of two screw pumps in transportation & storage is to transfer liquids or for wastewater treatments.
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Pharmerging Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Pharmerging Market is projected to attain a CAGR of 18.3 % during the forecast period from 2021- 2030.
Pharmerging is referred as a group of countries having a lower rank on the pharmaceutical market but having a swift pace for growth. The key pharmerging markets are India, China, South Africa, Turkey Mexico, Russia among others.
Market Dynamics
The factors attributed to the growth of the pharmerging market are the growing geriatric population, increasing dispensable income, rising prevalence of non-communicable diseases, increasing life expectancy, rising government expenditure towards health care, free trade policies, and continuous R&D activities. In addition, the introduction of reimbursement schemes across numerous countries for cos reduction for the treatment of chronic diseases is also augmenting the market growth during the forecast period. Moreover, the rapid increase of insurance companies in pharmerging countries are delivering various insurance policies to minimize the extra expenditures is further propelling the demand for pharmaceuticals in such countries.
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The Global Pharmerging Market is segmented by product type, indications, economy, distribution channel, and region. Based on product type, it is categorized into healthcare and pharmaceuticals. Healthcare is further segmented into diagnostic instruments, medical devices, and others (IT and record management). Moreover, pharmaceuticals are also further bifurcated into generic drugs (branded & unbranded generics), OTC drugs, and branded prescription drugs. Indication type is categorized into cancer & autoimmune diseases, lifestyle diseases, infectious diseases, and others. By economy, it bifurcates into Tier - 1, Tier - 2, and Tier – 3. The distribution channel segments into clinics, e-commerce, hospitals, retail pharmacies, and drug stores. Based on regional insights, the global pharmerging market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
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Global Organ Transplantation Market
The Global Organ Transplantation Market is projected to attain a CAGR of 10.6 % during the forecast period from 2021- 2030.
Organ transplantation is referred as a medical procedure that involves the removal of an organ from one person (donor) to and surgically replacing a damaged or missing organ inside another person (recipient). The donated organ may be from a living donor, an animal, or a deceased donor, or in some cases an artificial is used.
Market Dynamics
The factors attributing to drive the global market are owing to the rising prevalence of chronic & renal diseases, overconsumption of alcohol, and unhealthy dietary habits which are expected to push the growth of the organ transplantation market. Organ failure occurs owing to numerous factors such as loss of blood, drug abuse, frivolous trauma among others. According to the report published by US Department of Health & Human Services, nearly 122,000 patients in the US are in queue to receive organs for transplantation in 2019. In addition, rising numbers of tissue banks and technologically advanced products are expected to augment the global organ transplantation market during the forecast period.
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In the past few years, an increase in awareness for tissue and organ donation and registration is being conducted and its widespread popularity is projected to influence the market positively. In addition, support from government organizations has aided the acceptance of organ donation. Moreover, the rising incidence of organ failure, lack of a skilled workforce, shortage of organ availability, and high transplantation costs are expected to hinder the global organ transplantation market to a huge extent.
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Men's Personal Care Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Men's Personal Care Market was valued at US$ 135.2 billion in 2021 and is predictable to reach US$ 282.93 billion by 2030 which is projected to attain a CAGR of 8.6 % during the forecast period from 2021- 2030.
Men’s personal care products consist of numerous items for personal hygiene and enhancing the aesthetic appeal. Deodorants, mouthwashes, perfumes, facial & hair products among others are used by male consumers for a better personality.
Market Dynamics
Perception of men’s beauty and hygiene is becoming popular across all age groups owing to the rise in online shopping, increase in disposable income, and development of retail & e-commerce sectors. In addition, growing concerns among men for their body image, self-grooming, health, and hygiene are also the major reasons for the global men’s personal care market growth. Awareness for personal hygiene & grooming, advertisement by the key players, and developing fashion are the favorable reasons for the market growth during the forecast period.
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Innovative men’s personal care products performing several functions have been escalating the demand such as moisturizing with sun protection and shaving creams which also have a moisturizing effect. In addition, demand for pre-shave & after-shave products, and charcoal-based face wash are in high demand across the globe as they are the most basic needs of male consumers.
However, numerous men’s personal care products that are applied on the face or skin contain chemicals that may lead to skin allergies or infection, and skin lighting lotions contain mercury & lead which can harm the nervous system. Such factors restrain the growth of the men’s personal care market during the forecast period. The wide availability of products and faster access to the products by the e-commerce site is expected to drive the global market in the upcoming years.
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Infant Incubator Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Infant Incubator Market was valued at US$ 1,284.1 billion in 2021 and is predictable to reach US$ 2,298.5 billion by 2030 which is projected to attain a CAGR of 6.7 % during the forecast period from 2021- 2030.
Infant Incubator or neonatal incubator is a rigid box-type apparatus that is used for maintaining environmental conditions suitable for a newborn baby or neonate for observation and care. It is used in the case of preterm births or for some ill babies who require additional equipment for observing, evaluating, and treating neonates.
Market Dynamics
The prime factor attributed for the growth of the infant incubator market owing to the sudden rise in the birth rate of premature infants having lower birth weights or other defects, technological advancement of neonatal care, rising awareness regarding neonatal care units, and increase in newborn ICU units across the globe. Report published by WHO in 2018 says that nearly 15 million infants are born prematurely annually worldwide Prematurity is the major reason for the infant mortality rate and premature state ranges between 5 – 8 % across the globe.
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Premature infants undergo numerous complications as their body temperature is lower, have breathing problems leading to death, and high risk to the external environment & infections that may lead to death. The rise in R&D activities and advancement of infant incubators is expected to propel market growth during the forecast period. However, higher costs associated with infant incubators and poor accessibility & awareness towards neonatal care in the emerging economies are restraining the global infant incubator market.
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Industrial Wearables Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Industrial Wearables Industry Market was valued at US$ 4.64 billion in 2021 and is predictable to reach US$ 15.8 billion by 2030 which is projected to attain a CAGR of 14.6 % during the forecast period from 2021- 2030.
Wearable devices are referred as products that are controlled by the electronic components and software fused into clothing, or it is worn on the body as an accessory such as a smartwatch, smart glasses, fitness trackers, body-mounted sensors for monitoring and transmitting biological data for healthcare purposes.
Market Dynamics
The adoption of wearable technology is not only limited to consumers but becoming increasing apparently in the industry. Factors attributed to the rise of the global industrial wearable market are owing to enhanced workplace productivity, efficiency, and safety in the industries such as logistics, aerospace & defense, manufacturing, logistics among others. Such devices are primarily made from electronic components for collecting data, providing customized features depending on users & desires, and tracking activities. It also imparts the worker to perform the assigned task with more ease and by reducing work-related accidents. A report published by International Labour Organisation (ILO) describes that every 15 seconds a worker dies from a work-related accident or disease and 153 workers have work-related accidents.
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Wearable devices help in improving safety by enhancing the productivity and connectivity of the workers on the field by delivering data, applications, and documents in real-time. Availability of smart glass embedded with optical data capture and voice recognition technology, smart safety vests at construction sites by tracking and delivering alerts to the field workers have augmented the market growth during the forecast period. In addition, the rise in the young workforce across several industry verticals, and swift workforce-related safety standard regulations have elevated the adoption of industrial wearables products. However, the short life span of wearable devices is restraining the market growth.
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Global Yoga Clothing Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Yoga Clothing Market was valued at US$ 36.38 billion in 2021 and is predictable to reach US$ 72.37 billion by 2030 which is projected to attain a CAGR of 7.9 % during the forecast period from 2021- 2030.
Market Dynamics
Increase awareness for healthy lifestyles and maintaining well-balanced body posture are expected to shift the inclination for yoga practice thereby augmenting the demand for yoga clothing during the forecast period. Yoga clothing offers convenience and comfort while performing yoga activities and exercises. Fitness exercises such as Yoga and Zumba have gained momentum in the past few years owing to harsh work schedules and increasing health disorders.
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Numerous companies are offering an advanced type of form-fitting cotton fabric clothing designed for yoga exercises. Such specialized fabrics enable odour reduction, absorbs sweat, and compression. Yoga clothing is available in various styles and sizes for yoga enthusiasts and the rise in social media activities for promoting physical activities is anticipated to boost the demand for yoga clothing during the forecast period. In addition, short-length yoga clothing is becoming quite popular owing to practicing yoga in a heated room. Further, the availability of fitness centers and government initiatives for being physically fit is expected for the global yoga clothing market growth. Numerous schools are also introducing yoga classes in their curriculum owing to the aforementioned benefits of yoga in daily life will expand the room of yoga clothing in the upcoming years.
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Global Vapor Products Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Vapor Products Market is projected to attain a CAGR of 21% during the forecast period from 2021- 2030.
Vapor products are referred as battery-powered devices which are rechargeable that heat liquid formulations to create vapor for inhalation. A vaporizer (vape) is a device that vaporizes substances for inhalation such as heated tobacco and electronic cigarettes. Mostly plant substances are used such as tobacco, cannabis or other herbs.
Market Dynamics
The prime reasons attributed for the popularity and expansion of vapor products is attributed to a wide range of flavors in different shapes are creating huge demand among youngsters across the world. Evolving the taste of consumers is augmenting the diversity of e-liquid flavors with botanical, tobacco, and fruit flavors most consumed. In addition, the composition of several flavors is recently evolving the market trend. Furthermore, a decrease in the cost of vaping or e-cigarettes is rising customer acceptance and is anticipated to augment the global vapor products market during the forecast period.
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Rechargeable e-cigarettes are well received among consumers owing to their high level of flexibility compared to single-use products. Disposable e-cigarettes are cost-effective in long term with the wide availability of flavors and are safer to use compared to traditional cigarettes are anticipated to fuel the market growth.
The Global Vapor Products Market is segmented by flavor, product, distribution channel, and region. Based on flavor, it is categorized into botanical, sweet, tobacco, fruit, beverage, and others. By product, it bifurcates into rechargeable, disposable, and modular. The distribution channel is bifurcated into e-commerce and retail shops. Based on regional insights, the global vapor products market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Prominent players inducing the Global Vapor Products Market are British American Tobacco, International Vapor Group, NicotekLlc, Philip Morris International Inc., VMR Flavors LLC, Altria Group, Imperial Brands, Japan Tobacco, Njoy Inc., and Reynolds American Inc. among others.
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Global Specialty Generics Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Specialty Generics Market was valued at US$ 61 billion in 2021 and is predictable to reach US$ 147.6 billion by 2030 which is projected to attain a CAGR of 10.3 % during the forecast period from 2021- 2030.
Specialty Generics are the generic versions of specialty drugs that are cost-effective compared to specialty pharmaceuticals. They can be used once off-patented for the treatment of complex & chronic health conditions which include epilepsy, multiple sclerosis, cancer, HIV, autoimmune diseases, hepatitis, rheumatoid arthritis among others.
Market Dynamics
The prime reason attributed for the market growth is due to the widespread popularity of specialty generics for the treatment of rare chronic diseases such as cancer, haemophilia, HIV AIDS among others. These are cost-effective compared to branded versions and also don’t need high-cost production & marketing. In addition, rising geriatric & aging population, rising prevalence of numerous life-threatening diseases, rise in demand from the emerging economies, and patent expiration of several branded specialty drugs are also augmenting the demand for specialty generics during the forecast period.
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Only lesser numbers of key players are available owing to its complex manufacturing requirements, relatively lower volumes, and higher capital costs are needed which results in a lower price reduction compared to traditional generics. It also requires prior authorization to order, special handling, monitoring & administration. Moreover, lack of skilled workforce, raw material sourcing, and the production of specialty generics is a complex process. Such challenges are expected to hinder the market growth of the global specialty generics market over the upcoming years. Furthermore, the advancement of cost-effective drugs for the treatment of multiple sclerosis, oncology, and other infectious diseases are expected to deliver substantial prospects for the specialty generics market expansion across the globe.
The Global Specialty Generics Market is segmented by route of administration, disease indication, distribution channel, and region. Based on disease indication, it is categorized into autoimmune diseases, oncology, infectious diseases, and others. By route of administration, it bifurcates into oral, injectables, and others. The distribution channel is bifurcated into specialty pharmacies, retail pharmacies, hospital pharmacies, and others. Based on regional insights, the global specialty generics market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
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Global Roll-to-Roll Printing Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Roll-to-Roll Printing Market was valued at US$ 13 billion in 2021 and is predictable to reach US$ 57.70 billion by 2030 which is projected to attain a CAGR of 18 % during the forecast period from 2021- 2030.
Roll to roll printing is referred as a process of making electronic devices on a roll of metal foil, flexible glass, or flexible plastic. It is also referred as reel to peel processing, R2R, or web processing.
Market Dynamics
The factors attributing to the growth of the global market are owing to the emergence of lightweight & compact electronic gadgets and roll-to-roll circuits which are the prime reasons to drive the market growth during the forecast period. In addition, a surge in the demand for flexible electronics in medical applications along with huge demand for flexible roll-to-roll, energy-efficient & thin printed consumer electronics is also projected to shoot the demands in the global market.
Introduction of roll-to-roll printing technology has transformed the ways through which products are being manufactured, designed, distributed, and developed. This technology opens numerous opportunities for different industry verticals such as customization of services, restructuring supply chain efficiency, product design & development. Constant updates & development for roll-to-roll printing services are projected to attract a huge customer base operating in several industries.
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Rising demand for flexible roll-to-roll printed consumer electronics, increasing application scope owing to improved technical features, increasing energy- efficiency, and compact & lightweight electronic devices and circuits are the prime reasons for the global roll-to-roll printing market growth in the upcoming years. In addition, the introduction of roll-to-roll flexible batteries and next-generation flexible electronics is projected to augment market expansion. However, huge initial investments costs & large funds for R&D activities hinder the growth of the roll-to-roll printing market during the forecast period.
The Global Roll-to-Roll Printing Market is segmented by material, printing technology, application, end-user, and region. Based on material, it is categorized into inks (dielectric inks and conductive inks) and substrates (organic and inorganic substrates). By printing technology, it bifurcates into screen printing, gravure printing, inkjet printing, flexographic printing, and others (offset printing, nanoimprinting, 3D printing, aerosol jet printing, and pneumatic printing). The application of roll-to-roll printing is segmented into radio-frequency identification (RFID) tags, photovoltaic (PV) cells, lighting (OLED and electroluminescent lighting (EL)), displays (electroluminescent displays, and e-paper displays), batteries, sensors, and flexible circuits. By end-user, it is bifurcated into healthcare, retail & packaging, construction & architecture, automotive & transportation, energy & power, consumer electronics, aerospace & defense, and others. Based on regional insights, the global roll-to-roll printing market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
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Global Precast Concrete Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Precast Concrete Market was valued at US$ 118.51 billion in 2021 and is predictable to reach US$ 175.69 billion by 2030 which is projected to attain a CAGR of 4.5 % during the forecast period from 2021- 2030.
Precast Concrete is referred as reinforced concrete which is cast, prepared, and cured off-site away from the construction site and is assembled on the site. It is generally cast in a controlled factory environment by using reusable moulds. Precast concrete elements are joined to form a complete custom structure and are used for structural components such as beams, floors, pipes, wall panels, columns, staircase, tunnels among others.
Market Dynamics
The market growth for precast concrete is attributed to increasing urbanization, growing population, and construction activities. Inclination towards sustainable construction, cost-effective & modern construction is the prime reasons for the market growth. In addition, the rise in the construction of new commercial space & residential buildings, eco-friendly construction, low maintenance of the building products, and saving construction duration acts are the supporting opportunity for the rise of the global precast concrete market during the forecast period.
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Precast concrete is suitable for the production of large numbers of identical components such as wall slabs, floor slabs among others. It helps in building an affordable housing project with identical apartments in a lesser duration of time. Precast concrete delivers numerous advantages such as the construction is performed on the ground rather than at height, construction can be done in a climate-controlled structure thus minimizing the risk of accidents, cold, heat, or rain. Such advantages help in constructing with dimensional accuracy and help to plan future construction projects in a short span of time and save cost.
However, precast concrete consists of cement, and the production of cement releases harmful toxic gas in the environment such as carbon monoxide, sulfur dioxide, nitrogen dioxide which results in health issues such as visual impairment, asthma, and cardiovascular diseases. In addition, fluctuations in raw material prices, transportation of precast concrete structures to the construction site, and strict government regulations by the government for emission reduction from cement production are expected to hinder the market growth during the forecast period.
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Global Life Jacket Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Life Jacket Market is projected to attain a CAGR of 7.1 % during the forecast period from 2021- 2030.
Personal flotation devices commonly known as life jackets are life-saving devices that are used for adventure and work purposes such as in water sports and boating activities. It also helps to protect the workers or individuals involved in lifeguarding & entertainment, water sampling, shipbuilding & repair, rescue operations/ rescue operations, and construction work on decks, piers, docks, and bridges among others.
Market Dynamics
The global life jacket market growth is attributed to the rise in recreational & adventure boating activities such as rafting or kayaking, and fatal deaths occurring from drowning in water during swimming or sports activities. In addition, rise in water activities such as yacht cruising, motor boating, sailboat racing, and canoeing are also gaining momentum, and its commercialization has created the demand for life jackets across the globe. Life jacket works on the principle of buoyancy and is constructed of lightweight material which weighs less than human weight density. Life jackets are available in different types such as type I, II, III, IV, and V. It is worn over the body and help to hold the torso of the person afloat in water by eliminating the risk of drowning.
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The increasing demand for life jackets is anticipated to grow at a promising rate owing to an increase in nautical tourism. Moreover, the rise in travel & tourism, commercialization of sports activities, and craze for adventure sports activities have increased the need for life jackets in the upcoming years. Life jackets also prevent the individual involved in construction activities of ships, boats, dams, or protecting people during natural calamities such as floods, tsunamis for rescuing.
The Global Life Jacket Market is segmented by type, product, end-user, distribution channel, and region. Based on type, it is categorized into 7 lbs Inherent Life Jackets, (7 lbs-15.5 lbs) Inherent Life Jackets, (15.5 lbs-22 lbs) Inherent Life Jackets, 22 lbs Inherent Life Jackets, (22.5 lbs-34 lbs) Inflatable Life Jackets, and 34 lbs Inflatable Life Jackets. By product, it bifurcates into the inflatable, and inherent. End-users of the global life jacket market are bifurcated into day sailing, offshore sail, paddle sports, commercial vessels, watersports, fishing, and offshore power. By distribution channel, it is segmented into departmental stores, sports stores, hypermarket/supermarket, online retail, and others. Based on regional insights, the global life jacket market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
The increase in consumption of life jackets in America and the European region has created huge opportunities for the market growth owing to water adventure activities & sports, new product launches, and safety regulations by the government for people while sports adventure.
Prominent players inducing the Global HVDC Cables Market are The Coleman Company, Johnson Outdoors, Safety and Survival Systems International Ltd., Stormy Lifejackets Pty Ltd., Mustang Survival Corp., Hansen Protection AS, International Safety Products, VIKING Life-Saving Equipment, Survitec Group, Jarden Corp., and Kent Sporting Goods Company Inc. among others.
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Global Leak Detection and Repair Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Leak Detection and Repair Market was valued at US$ 19.07 billion in 2021 and is predictable to reach US$ 27.93 billion by 2030 which is projected to attain a CAGR of 4.3 % during the forecast period from 2021- 2030.
Leak detection and repair (LDAR) are the regulations that are placed by the Environment Protection Agency (EPA) by preventing the unintended release of volatile hazardous air pollutants and volatile organic compounds that are being emitted by the leaking equipment such as pumps, connectors, and valves in various industries such as chemical manufacturing and petroleum refining.
Market Dynamics
Increase in the adoption of natural gas-based power plants need for operational & safety efficiency, increase in oil & gas leakages accidents, strict government regulations to restrain methane emission, and implementation of leak detection systems are the prime reasons attributed for the growth of the global leak detection and repair market.
LDAR program is a set of procedures that allows to locate and repair the leaking components to minimize the emissions of volatile compounds and hazardous air pollutants. Numerous gas emission monitoring companies are using Artificial Intelligence (AI) and Machine Learning (ML) for the detection of leaks in their infrastructure more efficiently.
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Gas leakage in the oil & gas industry has created a major problem to lose billions of dollars every year. Deep exploration of gases results in a huge number of VOCs. According to the report published by EPA, nearly 71 tons of VOCs are emitted via equipment leakage in the atmosphere and the ratio of leakage is higher than the ratio of storage leakage. Therefore, numerous oils & gas companies are willing to replace the traditional old LDAR systems with technologically advanced LADR systems. However, retrofitting complications pertaining to some leak detection systems and government inclination towards adoption of renewable energy generation projects are the prime reasons restraining the global leak detection and repair market growth during the forecast period. Furthermore, the rise in R&D activities, increase in the oil and gas exploration & production activities across the world, and growing consumption of oil & natural gas are expected to create new opportunities for market growth in the upcoming years.
The Global Leak Detection and Repair Market is segmented by component, technology, product, and region. Based on component, it is categorized into services and equipment. By technology, it bifurcates into optical gas imaging (OGI), ambient/mobile leak monitoring, audio-visual-olfactory inspection, volatile organic compounds (VOC) analyzer, laser absorption spectroscopy, and acoustic leak detection. The product segment is bifurcated into UAV-based detectors, manned aircraft detectors, handheld gas detectors, and vehicle-based detectors. Based on regional insights, the global HVDC leak detection and repair market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
North America accounted for the highest market share owing to strict government regulations & norms and subsidies for the oil & gas industries are anticipated to drive the market growth in the region. Asia Pacific region is anticipated to witness significant growth owing to the rise in demand for oil & natural gas and pipeline expansion for oil & gas in the region.
Prominent players inducing the Global Leak Detection and Repair Market are IBM Thomas J. Watson Research Center, LI-COR Inc., Colorado State University, Maxion Technologies Inc., Physical Sciences Inc., PrecisionHawk, Advisian, Gas Ops Leak Detectives LLC (G.O.L.D. LLC)., Summit Inspections Services Inc., ERM Group Inc., Guardian Compliance, Chicago Bridge & Iron Company N.V., ENCOS Inc., VelocityEHS, Microdrones GmbH, Kairos Aerospace, Aeris Technologies Inc., Bridger Photonics Inc., Duke University, Palo Alto Research Center, Rebellion Photonics, Avitas Systems, SeekOps Inc., Ball Aerospace & Technologies Corp., Guideware Systems LLC., GHD Inc., AECOM, ABB Ltd., Heath Consultants, Team Inc., Picarro Inc., and Boreal Laser Inc. among others.
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Global Gold Mining Technology Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Gold Mining Technology Market was valued at US$ 214.9 billion in 2021 and is predictable to reach US$ 285.1 billion by 2030 which is projected to attain a CAGR of 3.2 % during the forecast period from 2021- 2030.
Market Dynamics
Swift development of technology, automation, and digitalization have created a huge impact on the mining sector. China accounts for the highest gold producer in 2020 across the world, accounting for 11% of total annual production. Moreover, the Asia region altogether produces 23% of newly mined gold, Central & South America produce nearly 17%, North America supplies nearly 16%, 19% of production comes from Africa, and commonwealth independent countries produce nearly 14%.
Further, emerging technologies such as machine learning, IoT, AI, robotics among others have changed the conventional chain operations or processes being carried out. Such advanced technologies have helped in diverse operations such as ore exploration, final ore processing which acts as a positive outcome for the growth of the global gold mining technology market during the forecast period. Such technology aids the mining companies to lessen the risks, improve efficiency, and minimize expenses.
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However, mine production and gold mining don’t respond rapidly. Product development timeline and mine lifecycle is a very lengthy process and frequently takes years to shift from discovery to production. Further, the cost of mining activities is tremendously huge which is expected to hinder the global market.
The Global Gold Mining technology is segmented by technology, end-user, and region. Based on technology, it is categorized into hard rock mining, recycling, placer mining, and bio-mining. By end-use, it bifurcates into jewelry, investment, central banks, and technology.
Based on regional insights, the global gold mining technology market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Prominent players inducing the Global Gold Mining Technology Market are ALROSA, Atomyze, Carlson, Comstock Mining, Datarock, Newcrest Mining, Delair, Emesent, Everledger, HemmeraLand Betterment, Sight Power, Symboticware, Arvizio, Auryn, Carat, Clirio, Deswik, Fura, Geotech, GoldSpot Discoveries, Minehub, MineWare, Nornickel, Rio Tinto, and Transco among others.
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Edible Oil Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2020 – 2030
The Global Edible Oil Market was valued at US$ 108.29 billion in 2021 and is predictable to reach US$ 150.74 billion by 2030 which is projected to attain a CAGR of 3.7 % during the forecast period from 2021- 2030.
Edible oil or cooking oil is fat of plant, microbial origin which is in liquid form at room temperature and is used for baking, frying, food preparation, salad dressings, or other types of cooking. It can be extracted from numerous sources such as olive, coconut, sesame seeds, mustard seeds, groundnuts among others.
Market Dynamics
The rising demand for edible oil is attributed to an increase in awareness and popularity of unprocessed, healthy organics, non-refined oils. In addition, vigorous demand for organic health-based products, rising consumption of higher-grade edible oils or cooking oils by the health-conscious consumers, and demand from numerous applications such as in the confectionery industry for candies production are expected to drive the global edible oil market during the forecast period.
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Owing to disturbed lifestyles the consumers are opting for healthy food. Rising cases of obesity and cardiovascular diseases are augmenting the consumers for opting for healthy food. Further, the demand for olive and coconut oil is being increased in bakery and cooking applications in the past years as they are bland in taste unlike mustard oil, and help in sustaining the original flavour. Rising urban working culture limits the availability of time for cooking thereby increasing consumption of processed foods that require frying which is also expected to surge the market growth. Such inclination for edible oils has influenced the food manufacturers to shift their focus by offering edibles enriched with vitamins, natural anti-oxidants, omega 3, and other ingredients which are good for health & consumption.
However, prolonged use of certain types of edible oils and over-frying oil increases the level of cholesterol, blood pressure, and vascular inflammation which is expected to hinder the market growth. The increasing demand for non-GMO cooking oils such as coconut oil, olive oil, sunflower oil, palm oil, soybean oil, and canola oil and availability of retail segment is also expected for increasing the sales of edible oil during the forecast period thereby increasing the market growth.
The Global Edible Oil Market is segmented by type, nature, packaging type, end-user, distribution channel, and region. Based on type, it is categorized into soybean oil, olive oil, rapeseed oil, palm oil, sunflower oil, corn oil, and others. By nature, it bifurcates into conventional and organic. Packaging type is bifurcated into HDPE (High-Density Polyethylene) containers, PET (Polyethylene Terephthalate) bottles, semi-rigid containers, tinplate containers, PVC (Poly Vinyl Chloride) bottles, glass bottles, flexible plastic pouches, and others. Based on end-user, it is categorized into food services, residential, food processing, and others. The distribution channel is bifurcated into retail stores, online sales channels, hypermarket/supermarket, and business to business. Based on regional insights, the global edible oil market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Asia Pacific region is dominating the global edible oil market owing to awareness for low-calorie food, increasing popularity, rising food & beverages industry, growing health consciousness & indispensable incomes of the consumers. In addition, increased cooking oil production, higher daily consumption8, and higher import volumes are also anticipated to boost the revenue of cooking in the region. Fish oil has emerged as the dominant market in the region owing to a huge concentration of aquaculture industry in China, Vietnam, Indonesia, and India.
Prominent players inducing the Global Edible Oil Market are Wilmar International Ltd., IFFCO, American Vegetable Oils Inc., ACH Food Companies Inc., Henry Lamotte Oils GmbH, SOVENA, Valtris Specialty Chemicals, SALAD OILS INTERNATIONAL CORPORATION, Olenex Sàrl, Basso Fedele, Archer Daniels Midland Company, Bunge Limited, Kaneka Corporation, Louis Dreyfus Company, SIFCA SA, ADM, Cargill Incorporated, Bunge Limited, Apetit Group, Bunge North America Inc., Adani Group, Hebany Group, Ruchi Soya Industries Ltd., Edible Oils Ltd., Olympic Oil Industries Limited, Figli, Sime Darby Plantation, Olam International Limited, George Weston Foods Limited, and Nutiva among others.
Segmentation and Scope of the Global Edible Oil Market
Global Edible Oil Market is segmented by type, nature, packaging type, end-user, distribution channel, and region.
By Type
Soybean Oil
Olive Oil
Rapeseed Oil
Palm Oil
Sunflower Oil
Corn Oil
Others
By Nature
Conventional
Organic
By Packaging Type
HDPE (High-Density Polyethylene) Containers
PET (Polyethylene Terephthalate) Bottles
Semi-Rigid Containers
Tinplate Containers
PVC (Poly Vinyl Chloride) Bottles
Glass Bottles
Flexible Plastic Pouches
Others
By End-User
Food Services
Residential
Food Processing
Others
By Distribution Channel
Retail Stores
Online Sales Channels
Hypermarket/Supermarket
Business to Business
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Global Oral Rehydration Salts Market report | Accurize Market Research
The Global Oral Rehydration Salts Market was valued at US$ 643.27 million in 2021 and is predictable to reach US$ 1623.85 million by 2030; growing at a CAGR of 10.8 % during the forecast period from 2021- 2030.
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Oral Rehydration Salts are the mixture of electrolytes (salts) and carbohydrates (in the form of sugar) which are dissolved in the water. Such salts are recommended for the remedial of dehydration or water loss and salts inside the body caused by diarrhoea, vomiting, or gastroenteritis.
Market Dynamics
The rising prevalence of diarrhea and the increasing population of children below 5 years are the factors augmenting the demand for oral rehydration salts in the global market. Such salts are available in the form of tablets, liquid, or powder and are vented by key players across the globe. According to the report of WHO, each year nearly 500,000 children suffer from diarrhea and 1.7 billion cases of diarrhea was recorded every year. Diarrhea is the second leading cause of death among children below the age of five. The rise of such cases is augmenting the demand for oral rehydration salts during the forecast period. Zinc and oral rehydration salts (ORS) have been endorsed by the UNICEF and WHO as the prime treatment and preventive method for curing diarrhea among children. Economies like India initiated a community awareness campaign on hygiene and the promotion of ORS and Zinc therapy was conducted which covers nearly 120 million children below 5 years across the nation.
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However, preference for homemade alternatives, and oral rehydration salts (ORS) wastage from the sachet is restraining the global market rise. In addition, unchecked side effects associated with the overconsumption of oral rehydration salts also face a challenge for boosting market growth. Furthermore, newer product innovation in respect of nutrition value & flavor, shelf availability, and building global brand value is expected to boost the global oral rehydration salts market during the forecast period.
The Global Oral Rehydration Salts Market is segmented by form, age group, distribution channel, and region. Based on form, it is categorized into liquid, powder, and tablets. By age group, it bifurcates into infant, children, and adult. The distribution channel is further segmented into shops, pharmacies, and health centers. Based on regional insights, the global oral rehydration salts market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Prominent players inducing the Global Oral Rehydration Salts Market are CFL Pharma, Cipla, Doyen Healthcare, FDC Limited, KBI Pharmaceuticals GmbH & Co. KG, Merck, Nutriset, Primmed B.V., Sanofi S.A., Trifecta Pharmaceuticals USA LLC, Watson Pharma, Abbott, Cian Healthcare Limited, Clinova Ltd., Drip Drop Hydration Inc., Gebro Pharma AG, Mead Johnson, Monico SPA, Otsuka Pharmaceutical Co. Ltd., Ross, Shereya Life Sciences, and Wallace among others.
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Segmentation and Scope of the Global Oral Rehydration Salts Market
Global Oral Rehydration Salts Market is segmented by form, age group, distribution channel, and region.
By Form
Liquid
Powder
Tablets
By Age Group
Infant
Children
Adult
By Distribution Channel
Shops
Pharmacies
Health Centers
For more information visit Accurize Market Research
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