Pipette controller Market Demand, Size, Share & Forecast | USD 300 billion by 2032

Pipette controller demand is anticipated to be valued at US$ 190 Million in 2022, forecast to grow at a CAGR of 4.6% to be valued at US$ 300 Million from 2022 to 2032.

Pipettes are widely used in the clinical market and have numerous applications in research and development and educational institutions. The increasing use of pipettes will be a driving factor in the growth of the pipette controller market. Pipettes are used in a variety of experimental assays and are particularly useful for mixing cell suspensions and chemical solutions, transferring liquids between containers, and layering reagents of varying densities.

Pipette controllers are portable devices used for precise and efficient liquid pipetting. Pipette controllers are used to accurately release and fill liquid from a variety of plastic or glass blow-out pipettes. These devices are primarily designed to reduce the strain associated with serial pipetting while providing simple, precise operation for both left and right-handed users.

There are manual pipette controllers and electrical pipette controllers, both of which should be compatible with glass or plastic pipettes. Controllers are made up of a bulb that is used for precise measurement or operation. There are a large number of new market players in the pipette controller market, which can increase competition and limit the market’s growth.

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Which are Some Prominent Drivers Spearheading Pipette controller Market Growth?

Over the forecast period, an increase in research and development activities is expected to be the major factor driving the growth of the pipette controller market.

Pipettes are increasingly being used in a variety of applications, such as cell, tissue, and bacterial culture, to precisely measure the volume of liquid, which increases the demand for pipette controllers. This could be a significant factor driving the growth of the pipette controller market.

What are the Challenges Faced by the Pipette controller Industry?

There are a large number of local players in the pipette controller market, which can lead to intense competition and, ultimately, stifle the pipette controller market growth.

Why is Asia-Pacific emerging as an Opportunistic Pipette controller Market?

Due to the presence of a large number of local players in countries such as Japan, China, and India, Asia-Pacific is expected to show the fastest revenue growth. Due to the increasing prominence of this region in healthcare research and facilities during the forecast period, Asia-Pacific is projected to be the significant-growing market during the forecast period. Aside from that, rising adoption of technologies for product innovation, as well as increased investments in research for biotechnology and microbiology applications, are driving pipette controller market growth in the Asia Pacific region.

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How is Europe Contributing to Growth of the Pipette controller Market?

According to Future Market Insights, North America has the largest share of the global pipette controller market due to high research and development spending.

Market Competition

Because of the large number of manufacturers, the global pipette controller market is highly fragmented. INTEGRA Biosciences AG., Hamilton Company, VWR International LLC, Gilson Incorporated, Eppendorf AG., and Heathrow Scientific are some of the key players in the global pipette controller market.

Report Scope
Growth Rate

  • CAGR of 4.6% from 2022 to 2032

Base Year for Estimation

  • 2021

Historical Data

  • 2015-2020

Forecast Period

  • 2022-2032

Quantitative Units

  • Revenue in USD Million and CAGR from 2022-2032

Report Coverage

  • Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product Type
  • Indication
  • Application
  • End User
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Poland
  • Russia
  • Australia & New Zealand
  • China
  • India
  • GCC
  • South Africa

Key Companies Profiled

  • INTEGRA Biosciences AG
  • Hamilton Company
  • VWR International LLC
  • Gilson Incorporated
  • Eppendorf AG.
  • Heathrow Scientific

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Key Segments Profiled in the Pipette Controller Industry Survey

By Product Type:

  • Single Chamber Pipette Controller
  • Multi Chamber Pipette Controller

By Indication:

  • Manual Pipette Controller
  • Electrical Pipette Controller

By End User:

  • Pipette Controller for Hospitals
  • Pipette Controller for Diagnostic Laboratories
  • Pipette Controller for Research Laboratories
  • Pipette Controller for Academic Research Institutes

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Tennis Equipment Market Size is Expected to Account for a Valuation of US$ 9 Bn in 2022

The global tennis equipment market size is likely to reach US$ 9 Bn in 2022. According to the report, the tennis equipment market is projected to expand at a CAGR of ~2.9% during the forecast period. Racquets are expected to contribute the highest revenue share in the global tennis equipment market in 2022. In recent years, increasing number of women participation in sports activities such as tennis has been complementing the growth of the global sports industry, thereby potentially raising the demand for sports equipment.

The number of individual buyers of tennis equipment are likely to increase at rapid pace, owing to growing participation of young and cardio tennis players over the past few years. Additionally, manufacturers are on an innovation spree, as lightweight racquets, such as Head Graphene 360 Radical Lite racket, continue to gain significant tractions, enabling players to swing them faster and generate more topspin on the ball.

Independent sports outlet is estimated to be the leading sales channel in the global tennis equipment market in 2022, due to availability of high quality products at affordable price which is affecting larger competitors in the market.

According to FMI’s report, endorsement is one of the key strategies used by tennis equipment manufacturers to drive their sales. Shoes and apparels endorsed by athletes are 60% more likely to get sold as compared to those without any endorsement. Tennis shoes and apparels consumers are also being influenced by brand promotions done by their favorite stars.

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Additionally, various manufactures of tennis equipment have shifted their concentration heavily upon the distribution of equipment through online sales channels. It could be evidently seen that a majority of tennis shoe manufactures, such as Adidas, Puma, Yonex and Li Ning, have turned their attention to capture sales of tennis shoes through online channels, such as company’s official e-commerce websites and third-party e-commerce websites.

South & East Asia Remains Prominent Market for Tennis Equipment  

Growing influence of professional tennis among the Asian population is offering a lucrative opportunity for demand of tennis equipment market players in South & East Asia. Additionally, factors such as booming Chinese economy, development of sports infrastructure, and training facilities have created opportunities for various stakeholders in the sports equipment manufacturing ecosystem.

Profound interest of government as well as private sector in sports activities such as tennis has helped to strengthen the image of sports within the developing countries. Transition of casual to core tennis participation is likely to contribute substantial growth to the tennis equipment market. The increasing fitness trend among millennials in the Asia Pacific region is expected to provide an impressive growth to the tennis equipment market during 2022-2029.

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Rising awareness about protecting our environment and the preference for natural products is expected to promote the growth of biodegradable and eco-friendly tennis products. People are preferring natural gut tennis strings, as an eco-friendlier option. These strings are made from recycled synthetics or alternative materials. The raw material used in natural gut strings is a by-product of the meat industry, a viable alternative to petroleum-based plastics. Furthermore, people are preferring athletic clothing made from recycled or sustainable materials which is creating a massive opportunity for the growth of the global tennis equipment market during the forecast period.

FMI’s business intelligence also highlights significant insights into the competitive scenario of the tennis equipment market along with manufacturers’ differential strategies. Key players in the tennis equipment market are focusing on new product development and efficiency enhancement to gain brand penetration and loyalty among consumers.

For example, in 2018, Amer Sports Corporation’s brand Wilson launched the Iconic John Wooden sneaker. It features a revolutionary polyurethane sole that is lightweight. This launch was aimed at expanding the company’s product portfolio. According to FMI’s report, companies are also continuously expanding awareness about their products in the market by showcasing them at various events with the objective to increase sales as well as brand penetration in the tennis equipment market.

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Key Segments of Tennis Equipment Industry Survey

Tennis Equipment Market by Product Type:

  • Tennis Racquets
  • Tennis Balls
  • Apparel
  • Footwear
  • Ball Machines
  • Tennis Bags
  • Other Accessories

Tennis Equipment Market by Material:

  • Composites
  • Metallic
  • Other Materials

Tennis Equipment Market by Buyer:

  • Tennis Equipment for Individuals
  • Tennis Gear for Beginners
  • Tennis Equipment for Intermediate
  • Advanced
  • Tennis Equipment for Institutional Use

Tennis Equipment Market by Sales Channel:

  • Tennis Equipment in Dedicated Stores
  • Tennis Equipment in Dedicated e-Commerce
  • Tennis Equipment from Specialty Retailers
  • Tennis Equipment in Multi-Brand Stores
  • Tennis Equipment for Online Retailers

Tennis Equipment Market by Region:

  • North America Tennis Equipment Market
  • Latin America Tennis Equipment Market
  • Europe Tennis Equipment Market
  • East Asia Tennis Equipment Market
  • South Asia & Pacific Tennis Equipment Market
  • Middle East & Africa (MEA) Tennis Equipment Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Crawler Drilling Machine Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2027

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  • Hydraulic Crawler Drills
  • Pneumatic Crawler Drills
  • Oil & Gas
  • Hydro Power
  • Civil Construction
  • Others
  • Jupiter Rock Drills
  • Sandvik AB
  • Atlas Copco AB
  • Caterpillar

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor  the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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IaaS/Hosting Infrastructure Services Market Estimated to move Forward Strongly at a CAGR of 19% During 2022-2032

The infrastructure as a service (IaaS) market is expanding rapidly and offers numerous options, making it a valuable market. The growing need for enterprises to decrease their IT burden and reduce the expenses associated with establishing data center support infrastructure is driving the growth of IaaS/hosting infrastructure services market.

Moreover, As the demand for cloud-based IT infrastructure models grows, the market for IaaS/hosting infrastructure services is continuously developing as the IaaS/hosting infrastructure services market act as cloud infrastructure service providers. However, most organizations experience privacy and data protection issues, high initial investment costs, and other operational obstacles, and they struggle to make the best use of IaaS and other cloud technologies, which has considerably hampered market growth.

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What is the Growth Scope of the IaaS/Hosting Infrastructure Services Market?

Services provided by IaaS/hosting infrastructure services include virtualized computing resources such as servers, software, storage, and other infrastructure components over the internet. Organizations are widely implementing IaaS/Hosting infrastructure services and engaging in IaaS based platforms due to the rising volume of business and financial data and other critical information among the businesses in various verticals.

IaaS/Hosting infrastructure services offers solution through which an enterprise outsources IT equipment to support business operations such as storage, networking, and servers, hardware or rents out the services of an entire infrastructure from a third-party vendor.

What are the Dynamics of the IaaS/Hosting Infrastructure Services Market?

Flexibility to run critical business applications & robust and reliable IT infrastructures are the driving factor of IaaS/Hosting infrastructure services market. Increase in complexity of network architecture can be a restraining factor which will hamper the growth of IaaS/Hosting infrastructure services market. Increased penetration for IaaS/Hosting infrastructure as it reduces IT administration cost is creating opportunities for IaaS/Hosting infrastructure services market.

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Few prominent players in IaaS/Hosting Infrastructure Services market include Wipro Limited, Amazon Web Services, AT&T, Google Inc., HP, Inc., IBM Corporation, Microsoft Corporation, Akamai Technologies, Daisy Group Limited, VMware Inc., Oracle Corporation and others

Some other major players covered in the IaaS/hosting infrastructure services market report are, CenturyLink, Colt Technology Services Group Limited, CoreSite, Internap Corporation, NetApp, NTT Communications Corporation, RACKSPACE US, INC., Sungard Availability Services, Zayo Group, LLC., GoDaddy Operating Company, LLC., among other domestic and global players.

Which Region Holds Sway in IaaS/Hosting Infrastructure Services Market?

IaaS/Hosting infrastructure services market is dominated by the North America, and Western Europe region. North America is dominant in this market due to the wide presence of key IaaS/hosting infrastructure services provider. Asia Pacific is an emerging market for IaaS/Hosting infrastructure services and companies are planning to adopt both on-premises and cloud-based models in this region.

Eastern Europe, Latin America and MEA is expected to see growth in the IaaS/Hosting infrastructure services market. Moreover, MEA is an evolving market for IaaS adoption due to the shift from traditional on-premises deployment to the cloud-based deployment of many solutions across various industries.

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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Sales of BB Cream Market is Projected to Reach US$ 5,792.9 Million by 2027

The sales of BB cream market is expected to surpass a valuation of US$ ~ 3,433.2 Mn in 2021 and at a CAGR of approximately ~9.1% through 2027.

Increasing urbanization has led to changes in the lifestyle of consumers which is driving the demand for innovative cosmetic products in the market. Moreover increasing population of working women aged 25 and over is another factor driving sales of premium quality makeup and grooming products including BB creams.

As per the statistics of the Catalyst, less than half (~47%) of all women account for the global workforce. Working females are self-dependent, they tend to spend a decent amount of income on their appearance and hobbies. Women emphasis on personal appearance is a key growth driver for the market.

Time-saving is another major factor that is attracting customers. Initially, BB creams were introduced to target young people, especially women who want to hide pimples as well as uneven skin tones. Later on, BB creams targeted young mothers who have less time but want to look good without having to engage in complex make-up procedures. Hence, BB creams became a perfect solution for young mothers.

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Owing to the above-mentioned factors, BB cream is not only popular among women, but also among men due to increasing consciousness among the latter about their physical appearance, owing to which they spend a considerable amount of time and money to look good.

Also, an increase in disposable income and higher spending power in women is driving sales of cosmetics in the market. Multifunctional beauty products offer long term benefits along with natural and herbal products. These products are offered to consumers at comparatively lower costs thus driving sales in the cosmetic market.

Key Takeaways from the BB Cream Market Study

  • Among the global BB cream market’s skin type, the largest is Combination, which represents US$ 996.9 Mn of the market in 2021. It is growing rapidly over the course of the forecast period, and this absolute growth is larger than any other segment.
  • The popularity of BB cream has spread to South Asia, mainly in Korea. Apart from its benefits, the fact that it helps to reduce the time required to apply makeup has attracted a large number of women.
  • The rising demand for BB creams was primarily witnessed among the working-class population, which does not have the time to spend on an elaborate make-up routine.

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Impact of COVID-19 on the Market

The outbreak of the novel coronavirus pandemic has hampered the demand for cosmetics and personal care products, as the purchasing power of the customers were changed. As per the World Bank, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. However, with the public and government support and vaccination drive, again the economy is coming on a track.

Who is winning?

Leading manufacturers of BB cream are focused on aggressive promotional strategies and advertisements that have driven sales growth of BB cream globally. Major players present in the BB cream market are L’Oreal S.A., The Estee Lauder Companies Inc., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty Inc., Avon Products Inc., Missha US Inc., The Clorox Company, L’Occitane International S.A., AmorePacific Corporation, Stila Styles LLC, Tarte Inc., Lancome SA, Groupe Marcelle, Bobbi Brown Professional Cosmetics Inc., Physicians Formula Holdings Inc., Clinique Laboratories LLC, Dr. Jart., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty, Inc., Avon Products, Inc., and Missha US Inc. among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global BB cream market, presenting historical demand data (2013-2021) and forecast statistics for the period from 2022-2027. The study divulges compelling insights on the BB cream market based on the skin type (dry, normal, oily, combination, and sensitive), SPF type (below 15 SPF, between 15-30 SPF, and above 30 SPF), end-user (men and women), sales channel (direct selling, specialty outlets, supermarkets/hypermarkets, convenience stores, beauty stores, e-retailers, and others sales channel) across each of the seven areas across seven major regions.

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Key Segment

Based on product type

  • gas hobs
  • induction hobs

Based on price range

  • low range
  • medium range
  • high range

Based on number of burner/induction zones

  • two
  • three
  • four
  • five or more burners/induction zones

Based on sales channel

  • exclusive stores
  • multi-brand stores
  • online stores
  • independent stores
  • others

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Thermocompressors Market Review Current Trends And Future Growth Estimations Outlook To 2032

A compressor is a type of machine or a system in a machine that executes the function of squeezing gas or air and makes it to take up less of space. Thermocompressor is one such type of compressor. Thermocompressor Market Review is a sort of pump-like device which do uses the Venturi effect created by converging-diverging nozzle that is fitted with the device.

Thermocompressors converts the pressure energy of fluid to velocity energy. Thermocompressors are used in wide range of processes basically to save energy. Thermocompressors performs the function to compresses the low pressure steam to usable pressure levels and henceforth reclaim the heat energy in the low pressure steam, which otherwise would have been wasted.

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A thermocompressor is comprised of a motive steam nozzle, a mixing chamber, and a diffuser. Thermocompressor is mechanical device yet an indispensable system of complex steam and condensate system. With expansion in industries and simultaneous growth in corresponding operations the thermocompressor market is expected to grow over the forecast period.

Thermocompressors Market: Drivers and Restraints

Thermocompressor has an extensive usage in various type of industries. The primary function which thermocompressor execute is to reclaim the heat energy in the low pressure steam and reuse it for various operations, which otherwise would have been wasted and in the process lessen the manufacturing expenses.

With expansion in economy and rise in investment for setting up industries there will be demand of various auxiliary equipment for various operations in such industries. Few of the industries where thermocompressor are extensively used are such as in paper production industry where high pressure steam is reused for paper manufacturing.

In petro-chemical processing industry equipment installed such as dryers, stills, strippers and deodorizers usually discharge water vapor at relatively low pressures. In order to reuse such vapor for other operations thermocompressor compresses this vapor to a reusable higher pressure, in  desalination plant, for seawater treatment thermocompressor is used to generate steam at high pressure, in food concentrates industry such as fruit and vegetable juices, tomato paste, etc., are processed in evaporators and dryers.

Vapors generated in such evaporators and dryers are recompressed with help of thermocompressor and made to return to the process at a higher temperature. In pharmaceutical industry, heat plays a critical role. The various capsules and other medications requires evaporation or drying at relatively low temperatures, thermocompressors plays a pivotal role in managing such operations.

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The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
  • Eastern Europe (Russia, Poland)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

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Thermocompressors Market: Segmentation

The Thermocompressors market is segmented as follows:

Thermocompressors Market, by end user

  • Petrochemical
  • Industrial
  • Pharmaceuticals
  • Paper Industry

Thermocompressors Market, by nozzle type

  • Single Nozzle
  • Multi Nozz

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor  the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Portable Air Conditioner Market Size is Estimated at US$ 1.1 Bn in 2022

The portable air conditioner market size is expected to reach US$1.1 Bn in 2022, likely to surge at a vigorous 2.9% CAGR during the assessment period. Portable air conditioner sales closed in on around US$ 1 billion in 2018, which are envisaged to witness a sluggish below-3% growth in 2019. According to a new study of Future Market Insights (FMI), more than 80% of the overall sales of portable air conditioner is accounted by residential end users. Commercial use has been estimated to account for a negligible revenue share in the portable air conditioner market.

Mid-sized Portable Air Conditioner Top Selling

Over 5 in 10 portable air conditioner buyers are observed to prefer medium capacity models, i.e. 11,000-15,000 BTUs. FMI’s analysis suggests that portable air conditioners within this capacity range will continue to experience modest growth in sales over the coming years. On the other side, low capacity and high capacity models of portable air conditioner will reportedly register sluggish rate in terms of revenue. Compact size is cited as the key demand determinant dictating sales growth of mid-capacity models in market.

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Key Points Covered in Portable Air Conditioner Market Survey

  • Market estimates and forecast 2013-2027
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Portable Air Conditioner Market and How to Navigate
  • Recommendation on Key Winning Strategies

More than 3/5th of the overall sales of portable air conditioner is contributed by multi-brand stores, and organized retail stores – i.e. supermarkets & hypermarkets. The revenue share of the former will however expand at a relatively higher pace, according to the report.
APEJ Strongest Consumer Base Sustaining Portable AC Sales

With a current market value share of over 40%, Asia Pacific has been providing a prime consumer base for portable air conditioner manufacturing brands. North America, the next key market for penetration of portable air conditioner, will however record a falling rate of revenue growth in the years to come. The report attributes APEJ’s lead in market to the availability of a wide size range at economic price point, compact size and mobility, and consistently improving per capita spending of Asian consumers on lifestyle and convenience products.

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However, it also highlights that relatively higher noise production and lesser energy efficiency of portable air conditioners over conventional counterparts will remain the key pull factor forestalling their rapid demand growth.

The report has profiled some of the leading companies operating in the global portable air conditioner market landscape, including LG Electronics Inc., Panasonic Corporation, Electrolux AB, Friedrich, Haier Group Corporation, and The Whirlpool Corporation among others.

As indicated by FMI’s study, leading manufacturers of portable air conditioners have been maintaining strategic focus on development of innovative models that are competitive priced and have innovative functional features. Introduction of portable air conditioner-cum-dehumidifier has been a booster to portable AC sales in the market, recently. Delivering higher energy efficiency with additional features will reportedly be the key developmental strategy trending the competitive landscape of portable air conditioner market.

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Global Portable Air Conditioner Market by Category

By Capacity:

  • 5,000-10,000 BTUs
  • 11,000-15,000 BTUs
  • 16,000-20,000 BTUs
  • 20,000 & Above BTUs

 By End Use:

  • Residential
  • Commercial

By Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarket/Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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In Vitro Fertilization Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2022-2032

The global in vitro fertilization (IVF) market size is projected to grow at a healthy CAGR of 9.0% during the forecast period between 2022 and 2032, reaching around US$ 1.6 Bn by 2032. Rising demand for in vitro fertilization procedures is driven by declining total fertility rate and increasing awareness among people regarding the higher success rate of IVF.

Over the years, in vitro fertilization (IVF) has become one of the most opted forms of assisted reproductive technology for infertility treatment and gestational surrogacy. During IVF process an egg is combined with sperm in vitro. People who are unable to conceive naturally can use this technique to produce children.

Rise in cases of infertility worldwide is providing a major impetus to the in vitro fertilization market growth. According to the World Health Organization (WHO), around 48 million couples and 186 million individuals live with infertility globally. This will continue to generate demand for in vitro fertilization during the forecast period.

Similarly, rapid surge in the number of IVF clinics and hospitals worldwide will increase access to fertility treatments, thereby creating growth prospects within the global in vitro fertilization market.

Currently, the in vitro fertilization market holds a major share of the global infertility treatment market and this will further improve amid rising awareness among people about the benefits of in vitro fertilization.

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2015-2021 Market Demand Outlook for In Vitro Fertilization Compared to 2022-2032 Forecast

The global demand for in vitro fertilization is slated to rise at a robust CAGR of 9% during the forecast period from 2022 to 2032. Growth in the market is driven by declining total fertility rate, rise in the number of IVF clinics, high success rate of in vitro fertilization, booming fertility tourism, increasing penetration of assisted reproductive technology (ART) across developing regions, and rising government initiatives to spread awareness about infertility and its treatments.

In vitro fertilization has become the gold standard for infertility treatment due to its higher success rate. It is being increasingly opted by infertile or childless couples to conceive children. It is an advanced ART technique in which a donor or non-donor egg is fertilized either with spouse’s semen or donor sperm in a laboratory.

Gradual increase in infertility rate due to delayed marriages, excessive usage of contraceptives etc. coupled with increasing adoption of in vitro fertilization is expected to provide a strong thrust to the in vitro fertilization market during the forecast period.

Changing attitude towards infertility treatments especially across developing regions like India has resulted in the increased adoption of ART techniques like IVF. WHO estimates that over 5 million children are born from assisted reproductive technologies like IVF worldwide and this number is likely to further surge during the forecast period.

Consequently, flourishing medical tourism worldwide due to regulation of IVF clinics in some countries and high treatment costs is another factor boosting the fertility market growth. Asia Pacific countries such as India and China are becoming ideal destinations for IVF due the availability of infertility treatments at lower cost. This rise in medical tourism is significantly increasing the fertility industry worth in these regions.

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What Factors are restraining the Growth of IVF market?

Despite positive growth projections, there are certain factors that are challenging the growth of IVF market. some of these factors include high cost of IVF treatments, lack of proper reimbursement policies, and falling success rates of IVF treatment procedures in older patients as they get older.

Country-wise Insights

Why is the U.S. Considered as a Prominent In Vitro Fertilization Market?

“Rising Adoption of Assisted Reproductive Technology Spurring In vitro Fertilization Market Growth in the U.S.”

As per FMI, the U.S. IVF market size is projected to grow exponentially during the forecast period (2022-2032), owing to the availability of leading IVF clinics, decline in fertility rate, increasing prevalence of polycystic ovary syndrome (PCOS), rising adoption of assisted reproductive technology, booming surrogacy tourism, and rapid growth of cryopreservation for in-vitro fertilization (IVF) market.

The rapid increase in infertility rates across the U.S. is emerging as a key factor generating demand for IVF treatments. According to the Centers for Diseases Control and Prevention (CDC), percentage of married women 15-49 years of age who were infertile (with 0 births) reached 19.4% during 2015 and 2019. This has prompted people to opt for assisted reproductive technologies like in vitro fertilization (IVF), gamete intrafallopian transfer (GIFT), zygote intrafallopian transfer (ZIFT), thereby boosting the growth of IVF market in the country. Around 2.1% of all infants born in the United States are conceived by using ART procedures as per CDC, statistics.

Similarly, rapid growth of IVF medical devices industry and advancements in IVF services market will influence the demand for IVF across the U.S.

Which Factors are Driving the Demand for In Vitro Fertilization in India?

“Growing Acceptance of IVF Procedures Augmenting Market Growth in India”

In recent years demand for in vitro fertilization has risen at a substantial pace across India owing to the increasing infertility rates, surge in the number of IVF clinics, changing attitude towards in vitro fertilizations, rise in medical tourism, and growing awareness about IVF and its higher success rate. The India IVF market holds a significant portion of the global in-vitro fertilization market share.

According to an article published in the National Health Portal (NHP) India, the World Health Organization has estimated that the overall prevalence of primary infertility in India is between 3.9 to 16.8%. Driven by this increase in infertility rate, childless couples are opting for ART procedures like in vitro fertilization.

Similarly, various domestic and regional IVF players are expanding their business across India by establishing new IVF clinics, which will further support the fertility market growth in the country. For instance. In December 2021, Mira IVF, the first international level fertility center was launched in Indore city of India

Additionally, rising penetration of advanced in vitro fertilization monitoring (IVF) systems supported by rapid expansion of donor egg IVF (in-vitro fertilization) market will create immense growth opportunities for IVF companies in the country.

Competitive Landscape

Presence of a large number of regional and domestic players has made the global in vitro fertilization market highly competitive in nature. In order to capitalize, leading in vitro fertilization (IVF) companies are continuously focusing on expanding their product offerings and services. Besides this, they have adopted various strategies such as mergers, partnerships, collaborations, acquisitions, and launching awareness programs to gain a competitive edge in the global IVF market. For instance,

  • In September 2029, Hamilton Thorne Ltd., a leading worldwide provider of precision instruments, consumables, software, and services to Assisted Reproductive Technologies (ART) and developmental biology research markets, received clearance to market GM501 wash media, its first Gynemed branded media product, in the U.S.
  • In May 2021, Ro, the healthcare technology company, announced the acquisition of Modern Fertility, a high-growth reproductive health company.
  • In September 2019, Fujifilm Irvine Scientific, Inc., launched Vit Kit-NX, a new vitrification solution for IVF.

Scope of Report

FMI’s latest in vitro fertilization market report offers an in-depth analysis of key market dynamics including revenue growth drivers, restraints, opportunities, consumer demands, and latest in vitro fertilization market trends. It provides a clear picture of leading regional pockets and market segments.

The report provides insightful information about how the global in vitro fertilization market is expected to progress during the forecast period between 2022 and 2032. It makes revelations about growth strategies adopted by key IVF companies to increase their customer base.

FMI also highlights the impact of decreasing fertility rate on the overall demand for in vitro fertilization and explains how growing awareness about the high success rate of IVF technique will improve the global in vitro fertilization market share during the forthcoming years.

The In Vitro Fertilization Market analysis includes:

  • A 10-year realistic IVF sales forecast slicing across multiple verticals
  • Comprehensive information on demand forecasting and sales prospects across 25 countries
  • Discussion on the impact of rising infertility rates on in vitro fertilization market growth
  • Top in vitro fertilization companies and their respective strategies to expand the existing competitive position
  • Insights into growth shaping factors such as drivers, restraints, and opportunities
  • Information about advanced versions of IVF including gamete intrafallopian transfer (GIFT), zygote intrafallopian transfer (ZIFT), and frozen embryo transfer (FET)
  • Impact of expanding in vitro fertilization banking services market on IVF market size.
  • Key insights into latest in vitro fertilization market trends
  • The winning imperatives in IVF market

Key Segments

By Product:

  • Equipment
  • Reagents and Media
  • Accessories

By Cycle:

  • Fresh non-donor cycle
  • Frozen non-donor IVF cycle
  • Frozen donor IVF cycle
  • Fresh donor IVF cycle

By End User:

  • Fertility Clinics
  • Hospitals & Surgical Centers
  • Cryobank and Research Institutes

By Type:

  • Conventional IVF
  • IVF with ICSI
  • IVF with Donor Eggs

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Consumer Cloud Subscription Market Size to Grow with a High CAGR Global Industry Analysis and Forecast to 2027

The increasing usage of mobile devices and smartphone needs real-time data storage platform where users can store their data on one platform. This enabled cloud service providers to offer Consumer Cloud Subscription services through cloud platform.

The primary feature of the cloud platform is that the stored data can be accessed anytime, anywhere on various devices. This is a major advantage increases the demand for consumer cloud subscription services.

In addition to this, other key benefits of consumer cloud subscription enhanced storage and data sharing.  The platform enables an enhanced user friendly interface as compared to the conventional data storage platform.

Cloud subscription services are majorly used the storage of photos, videos, contacts, personal information and songs.

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Consumer Cloud Subscription Market: Drivers and Restraints

The increasing demand for digitalisation from technological savvy consumers for storing their information on cloud is the primary driver for the global consumer cloud subscription market. In addition to this, an increased demand for a digital storage platform, for storing digital data and content, is accompanied with increasing adoption of smartphones/tablets and penetration of internet.

This demand also drives the growth of consumer cloud subscription market. Consumer cloud subscriptions are, additionally, boosted with proliferation of email and social media to store photos, videos, contacts other details. Furthermore, with growing number of small and medium-sized businesses are using consumer cloud subscription services to store their social media content on cloud.

The primary factor restraining the growth and adoption of consumer cloud subscription market is data breaches. As the data is stored over cloud, it is vulnerable to cyber-attacks and loss of information.

Factors such as lack of awareness and difficulty in recovery, once the data is lost, also challenges the growth of consumer cloud subscription market.

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Consumer Cloud Subscription Market: Market Segmentation

Global Consumer Cloud Subscription Market can be divided into the following segments – based on revenue and users

Segmentation on basis of revenue for Consumer Cloud Subscription Market

The major segments of Consumer Cloud Subscription market on basis of revenue include:

  • Direct
  • Indirec

Segmentation on basis of User Industry for Consumer Cloud Subscription Market:

The major segments of Consumer Cloud Subscription market on basis of User include:

  • Individual
  • Small Businesses
  • Medium Businesses

Individual segment is expected to dominate the global consumer cloud subscription market by user type because of increasing use of social media, smart phones and storage of pictures, videos, contacts etc. by individuals. Adoption of consumer cloud subscription by small and medium sized businesses is also expected to rise in the forecast period.

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Global Consumer Cloud Subscription Market Technology Regional Overview

North America dominates the global consumer cloud subscription market due to technological advancements and acceptance in the region. APAC and Europe are expected to follow North America in the global consumer cloud subscription market. The higher growth in APAC is corresponded with the increasing adoption of smart phones and tablets in the region.

Global Consumer Cloud Subscription Key Players

Some of the major Consumer Cloud Subscription global players include Amazon Inc., Apple Inc., Dropbox, Inc., Google Inc., Box, Inc., Microsoft Corporation, Nextcloud, SoundCloud, Carbonite, Inc. and Buffalo Americas, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.

The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Water Sink Market Size is Projected to Reach US$ 52.9 Billion by 2027

The water sink market size is estimated at US$ 45.9 Bn in 2022 and is projected to reach US$ 52.9 Bn by 2027, at a CAGR of 2.5% from 2013 to 2021.

Over the years, the global water sink market has evolved tremendously in terms of product offerings and quality. With a stream of smartphones and upgraded electronic equipment gaining traction among the target segments, the global water sink market is striving to offer efficient services.

In the premier segment, the new generation of smart sinks provide additional services such as the dispensing of liquid soap and water, drying out one’s hands, etc. The AER-DEC Integrated Sink System by Sloan is an example of a smart water sink that is being designed to be efficient as well as hygienic.

The consumers of today are more inclined to nature-based interior designs that give the perception of a more spacious and authentic look from the inside. Hence, most water sink manufacturers are aiming at creating nature-oriented water sink products for households as well as commercial segments.

For instance, vessel water sinks and traditional farmhouse water sinks have become among the most preferred water sink products among target customers. Hand-carved stone on water sinks provide a splendour touch to the products and provide a lasting impression in the minds of consumers.

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As customers are confused while choosing the colours of water sinks, there has been an increase in the preference for monochrome style kitchens and bathrooms, which keep the black and white colours consistent. Matte black is another upcoming colour used in bathroom faucets, hardware as well as water sink products as it provides an overall natural and luxurious look.

Key Takeaways from the Water Sink Market Study

  • Consumers want to keep the interiors of their homes looking good to spread positive energy, therefore they maintain the interiors of their kitchens and bathrooms as well to improve comfort and cleanliness.
  • As a consequence, installing modernised water sinks in bathrooms and kitchens aids in meeting the varied tastes and requirements of target clients.
  • Online platforms provide for the advertising of goods and services as well as their simple delivery to the intended clients, therefore this sales channel is predicted to grow.
  • Additionally, it is anticipated that the worldwide market for water sinks would see an increase in sales due to technical improvements in the industry.

Impact of COVID-19 on the Market

The COVID-19 epidemic impacted various industries worldwide, even the kitchen fixtures industry. The kitchen fixtures market saw a decline in demand in the mid-months of 2020, due to government restrictions imposed globally, furthermore closure of manufacturing plants disrupted the overall supply chain.

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However, despite of the slowdown in the initial months of the year 2020, the kitchen fixture market saw a surge in demand during the last months of 2020 due to increasing commercial as well as residential projects. Besides this, the growing penetration of disease further encouraged the government organizations especially in the developing countries, to take hygiene factor into serious consideration in various public areas.

The government bodies have already proposed the installation of public toilets and other fixtures wherever necessary. Thus the installation of such public toilets and bathroom are likely to trigger demand for various water sink products especially drop-in water sinks.

Who is winning?

Leading manufacturers of water sink are focused on aggressive promotional strategies and advertisements that have driven sales growth of water sink globally.

Major players present in the water sink market are Blanco America, Inc., Crown Products (Kent) Limited, Elkay Manufacturing Company, Franke Kitchen Systems, LLC, Huida Sanitary Ware Co., Ltd., JULIEN INC., Kohler Co. (Sterling), Kraus USA INC., LIXIL Corporation (American Standard Brand), Moen Incorporated, Mountain Plumbing Products, Roca Sanitario, S.A., ROHL LLC., Schock GmbH, Stern-Williams Co. Inc., among others.

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Global Water Sink Market By Category

By Product Type :

  • Drop-in Water Sink
  • Pedestial Water Sink
  • Top Mount Water Sink
  • Undermount Water Sink
  • Wallmount Water Sink
  • Others

By Base Material :

  • Fireclay
  • Stainless Steel
  • Cast Iron
  • Copper
  • Quartz
  • Others

By End Use :

  • Household
  • Commercial
  • Foodservice
  • Healthcare
  • Hospitality
  • Corporate & Government Offices
  • Educational Institutes
  • Public Toilets
  • Shopping Malls
  • Clubs &Resorts
  • Others

By Sales Channel :

  • Wholesalers/ Distributors
  • Specialty Stores
  • Multi-brand Stores
  • Direct Sales
  • Online Retailers
  • Other Sales Channel

By Region :

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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