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Instrument Calibration Services Market by Global Key Players, Types, Applications, Countries, Industry Size and Forecast

Instrument calibration is a process used to maintain the accuracy of an instrument. The services through which one can minimize or eliminate the factors that cause inaccurate measurements are known as instrument calibration services.

Specific services offered by the providers of instrument calibration services include on-site calibration, rapid turnaround, calibration documentation, pickup and delivery, online documentation and in-house contract lab service

s. While offering on-site instrument calibration services, suppliers send equipment or personnel for on-site calibration work, which reduces or eliminates the expense of shipping the instrument or taking it off line. In some cases, suppliers also offer pick-up and delivery services to minimize the time and cost associated with using in-house personnel.

While offering rapid turnaround services, suppliers offer quick turnaround on instrument calibration services, usually in a few days.

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Instrument calibration services are often considered as an essential part of quality management system. They are undertaken to compare the standard measurement with that of the instrument’s measurement. All industries across the globe are increasingly adopting instrument calibration services at regular intervals in their production processes to identify any faults with instruments at the earliest opportunity.

Instrument Calibration Services Market: Dynamics

Increase in protective maintenance and quality awareness are some of the key factors driving the growth of the instrument calibration services market during the forecast period. The instrument calibration services market is expected to further grow rapidly with the advent of industrial Internet of Things as all instruments need to be calibrated regularly to ensure the proper functioning of the device network.

Calibration also indicates the traceability of the instrument, which is another factor driving the growth of the instrument calibration services market. In addition, strict government regulations are also boosting the growth of the instrument calibration services market.

Growth of end-use industries is also likely to drive the growth of the instrument calibration services market as the instruments used in industries such as life sciences and aerospace & defence are at a high risk of failure and thus, require calibration at regular intervals.

However there is high competition in the market among the players, which is one of the major factor restraining the growth of the instrument calibration services market. Another factor limiting the growth of the instrument calibration services market is lack of skilled labor.

Instrument Calibration Services Market: Competition Landscape

Key Vendors

Some of the key vendors identified in the instrument calibration services market are ESSCO Calibration Laboratory, ABB Group, General Electric, Endress+Hauser, Keysight Technologies, Inc., Optical Test and Calibration Ltd, Rohde & Schwarz GmbH & Co KG. Trescal, Inc., Siemens AG, Micro Precision Calibration, Technical Maintenance Inc., Transcat, Inc., Tradinco Instruments, Tektronix, Lockheed Martin, Consumers Energy and GE Kaye.

Instrument Calibration Services Market: Regional Outlook

Geographically, the instrument calibration services market has been segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.

The instrument calibration services market in Europe has been witnessing significant growth, owing to the increasing use of instrument calibration services in the electronics manufacturing sector in the region. APAC is expected to be the most promising instrument calibration services market during the forecast period with the highest CAGR among all regions.

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The report covers an exhaustive analysis on

Instrument Calibration Services Market Segments
Market Dynamics
Historical Actual Market Size, 2013–2017
Market Size and Forecast 2018 to 2028
Supply and Demand Value Chain
Current Trends/Issues/Challenges
Competition and Companies Involved
Technology
Value Chain
Market Drivers and Restraints

Regional analysis for the global instrument calibration services market includes

North America
- U.S.
- Canada
Latin America
- Argentina
- Mexico
- Brazil
- Rest of Latin America
Western Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
Eastern Europe
- Poland
- Russia
Asia Pacific
- India
- ASEAN
- Australia and New Zealand
- Rest of SEA and Others of APAC
Japan
China
Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. It provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. It also maps the qualitative impact of various market factors on market segments and geographies.

Instrument Calibration Services Market: Segmentation

The global instrument calibration services market can be segmented on the basis of services, end use in key regions

Segmentation of the instrument calibration services market on the basis of services:

Electrical Calibration Services
Mass Standards Calibration Services
Temperature Calibration Services

Segmentation of the instrument calibration services market on the basis of end use:

Aerospace & Defense
Communication
Electronics
Industrial & automotive
Pharmaceutical/Biomedical
Others

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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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Disposable Protective Apparel Market Historical, Current And Projected Market Size In Terms Of Volume And Value | FMI

The main reason is infection control; when used only once it cannot send infectious agents to people. Disposable protective apparel manufacturers produces a multitude of items that protects from head to toe such as hard hats, respiratory marks, helmets, tyvek suits, gloves and many more that are planned for one use only.

Disposable protective apparel is primarily used for safety of workers or people against dangers. Increasing demand from various end use industries such as chemicals, oil & gas, medical, pharmaceutical, mining and automotive among others, the demand for disposable protective apparel is rapidly growing.

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Disposable Protective Apparel Market: Drivers & Restraints

The type of disposable protective apparel differs on the basis of industry in which one works. As per Occupational Safety & Health Administration (OSHA) has issued criteria for all way of protective clothing. Owing to this, workers or people can study OSHA standards to know what to wear and what level of protection is required with respect to their work. Certain government rules and regulation along with standardization in personal protective equipment industry, is expected to drive the growth in the disposable protective apparel market.

Increasing demand from healthcare, research and pharmaceutical is escalating the growth in global disposable protective apparel market. Additionally rising safety concerns along with increasing industrialization in developing economies of China, India and Brazil are expected to drive the disposable protective apparel market. However, complex manufacturing process and high cost associated with disposable protective clothing are expected to be key challenges for the disposable protective apparel market.

Disposable Protective Apparel Market: Region-wise Outlook

The global disposable protective apparel market is geographically segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. North America and Europe markets are mature markets. Asia Pacific is the fastest growing market and holds the major market share in the global disposable protective apparel market.

Developing economies such as Brazil, India, China, South Africa and Russia where the demand for healthcare is beginning to increase, are expected to help sustain growth of the disposable protective apparel market.These countries will certainly offer alternate markets for new penetration models with disposable protective apparel.

Disposable Protective Apparel Market: Key Players

Some of the key market participants in the global disposable protective apparel market are:

Lakeland Industries
3M
DuPont
Kimberly-Clark
Cellucap Manufacturing
Alpha Pro Tech
Shenzhen Selen Static Scientific Co., Ltd.
Royal TenCate NV
W. L. Gore & Associates
Cardinal Health
Honeywell International
PBI Performance Product Inc.
Benette Safetywear Ltd
Bulwark Protective Apparel
Ansell Limited
Life Science Products, 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 categories such as market segments, geographies, types, technology and applications.

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)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Disposable Protective Apparel Market: Segmentation

On the basis of application, the global disposable protective apparel market can be segmented into:

Medical
Aerospace
Food
Industrial
Pharmaceutical
Electronics
Other (Bioclean, Hospital, & Semiconductor)

On the basis of material type, the global disposable protective apparel market can be segmented into:

Tyvek
Spunbonded polypropylene
Compressed polyethylene
Others (Vinyl)

On the basis of product type, the global disposable protective apparel market can be segmented into:

Disposable gloves
Splash gowns
Lab coats
Aprons
Scrub suits
Disposable coveralls or shirts and pants
Others

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Airbag Control Unit Sensors Market Growing Infrastructure Development to Boost the Market in North America | Period 2022-2032

Global Airbag Control Unit Sensor demand is anticipated to be valued at US$ 590.3 Million in 2022, forecast to grow at a CAGR of 6.7% to be valued at US$ 1,127.6 Million from 2022 to 2032. Growth is attributed to an increase in the number of traffic mortalities rates.

The airbag control/sensor unit aids in collision detection. To save a passenger from a collision, activate the airbags. The airbag control unit detects and assesses the severity of an accident before activating the appropriate restraint frameworks. Up to six crash sensors provide information to the unit. This includes increasing speed sensors as well as a rotational speed sensor.

The readings from these are utilized to assess and look at the signs from other sensors. The crash signs are then sent to the airbag control unit and new additional system to activate the hazard lights and inside lights and turn off the fuel pump and halting the engine. The restraint systems are additionally refined to be themost efficient according to the type of accident.

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Global Airbag Control Unit/Sensor: Market Dynamics

The factors such as a rise in the number of traffic fatalities rates are accelerating demand for safety measures leads to the growth of Airbag control unit/sensor market. Moreover, safety regulation implied by government and rise in life expectancy leads to an increase in airbags control unit/sensor market.

Macroeconomic factors such as an increase in disposable income lead to investing people toward more of safety features in the vehicles result in the overall growth of the airbag control unit/sensor market. In addition to it increasing consumer awareness towards safety equipment leads to the growth of Airbag control unit/sensor market.

Further Airbag control unit on two-wheelers may provide an opportunity for the market leaders to grow in the future.

The airbag control unit/sensor is high quality, reliable and is of low cost and also comply with automotive functional safety standards. An Airbag Control Unit is for commercial vehicles needs to meet all the diverse market and customer prerequisites around the world.

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Market Competition

Some of the key participants present in the global Airbag Control Unit Sensor market include AUTOLIV, ZF Friedrichshafen AG, Ashimor, Takata Corporation, KSS, Toyoda Gosei Co. Ltd., Hyundai Mobis, Nihon Plast Co. Ltd., and Jinheng, among others.

Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as AUTOLIV, ZF Friedrichshafen AG, Ashimor, and Takata Corporation account for a considerable market size, several regional level players are also operating across key growth regions, particularly in the North America.

To accomplish these particular necessities in a commercial way, the SPEED idea i.e. Safety Platform for Efficient and Economical Design officially utilized widely for airbag control units in passenger vehicles has been adapted to the particular commercial vehicles requirements.

The electrical arc segment made between both pins activates a propellant which is comprised of sodium azide that begins to consume and radiate nitrogen gas, and the gas begins to fill the airbag.

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Key Segments Profiled In The Airbag Control Unit Sensor Industry Survey

Airbag Control Unit Sensor Market by Sensor Type:

Mass Type Airbag Control Unit Sensor
Roller Type Airbag Control Unit Sensor

Airbag Control Unit Sensor Market by Airbag Type:

Driver Airbag Control Unit Sensor
Passenger Airbag Control Unit Sensor
Knee Airbag Control Unit Sensor
Curtain Airbag Control Unit Sensor
Side Airbag Control Unit Sensor
Roll-over Airbags Control Unit Sensor
External Airbags Control Unit Sensor
Seatbelt Airbags Control Unit Sensor
Medical Airbags Control Unit Sensor

Airbag Control Unit Sensor Market by Vehicle Type:

Airbag Control Unit Sensors for Passenger Cars
- Compact
- Mid-sized
- Premium
- Luxury
Commercial Vehicle/Light commercial vehicle
Heavy Commercial Vehicles

Airbag Control Unit Sensor Market by Region:

North America Airbag Control Unit Sensor Market
Latin America Airbag Control Unit Sensor Market
Europe Airbag Control Unit Sensor Market
Asia Pacific Airbag Control Unit Sensor Market
Middle East & Africa Airbag Control Unit Sensor Market

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Online Grocery Market to grow at an impressive 23% CAGR between 2020 and 2030

The global online grocery is projected a massive 23% year-on-year growth for the online grocery market between 2020 and 2030. In its latest report, FMI studies the scope for expansion of the market across the globe and examines investment feasibility in key segments.

Online grocery shopping has been popular among younger generation, but COVID-19 outbreak pulled this novel form of shopping to mainstream. Apart from millennial, which account for more than 32% of the global population, online grocers also witnessed sizable traction from new customer archetypes. These customer groups were geriatric and sub-urban consumers. Witnessing traction from such a diverse customer archetype, online grocers also worked on their offering and expanded the portfolio of products and inventories.

Driven by the increasing consumer spending, improving rate of employment and overall economic growth, online grocery shopping has spurred. Several brands have reported a Multifood surge in sales as a direct consequence of strategies undertaken to boost their online presence and portfolio.

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Following e-commerce boom, online grocery shopping is gaining momentum – a trend which is unlikely to subside in the near future. FMI offers valuable insights into the online grocery market. Some of these are:

Personalized and smart packaging are likely to dominate the online grocery shopping scene. FMI’s data, revealing that packed food has comfortable lead over other product types, reiterates the same observation
Presence of a high percentage of millennial has sealed East Asia’s position as a highly lucrative market for online grocery
Subscriptions segment is poised to surge at a higher CAGR among purchaser type. Subscription based online shopping is expected to gather steam as consumers look for better convenience and personalized solutions

Economists at FMI says that online grocery shopping is one of the fastest growing sectors in the U.S. retail. As the number of online shoppers grow it is expected that e-retailers would focus on unique strategies. For instance, many of established e-retailers are partnering with small and medium service providers who would help them with door-step delivery to consumers.

Besides leveraging strategic collaborations, several e-retailers are innovating smart packaging solutions to improve overall purchase experience. QR codes are often used to offer special discounts and coupons to customers.

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Overall, there is increasing focus on digitizing solutions to cater to the changing consumer needs. For instance, Amazon.Com Inc. has invested heavily in the development of its integrated and high-tech logistics. Through this, it intends to expand its network and geographical footprint.

With several innovations and technological developments underway, the online grocery market is poised to surge exponentially in the near future.

COVID-19 Outbreak Ushered a New Dawn for Online Shopping

COVID-19 outbreak has ushered a new era for online shopping. The unprecedented spread of the virus brought about several changes in consumer behavior. There is at least one spending shift that is bound to stick around even after coronavirus passes: buying grocery online.

The U.S., China, and India exhibit a high demand for groceries. Instant gratification has remained the unique selling proposition (USP) of brick and mortar stores, giving them an edge against online shopping. The table has however turned in favor of online grocery.

Stay-at-home orders have affected just over 300 million Americans, changing their retail habits forever. In the wake of COVID-19 pandemic, daily ecommerce sales nearly doubled itself between March and April.

Grim sales outlook following the COVID-19 outbreak and onslaught brought about by ecommerce behemoths have compelled even the most formidable brands to rethink their strategies.

Target and Walmart are two retailers holding themselves up against the perils brought about by the pandemic. Both had realized that online grocery was the key to avoid further wounds by Amazon.com a long ago. Accordingly, they invested in improving their online presence.

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This robust uptake of online grocery shopping among consumers is not a phrase rather experts believe this could might as well be a reflection of permanent change in consumer behavior.

Who is winning?

Some of the key players operating in the online grocery market are Amazon.com Inc., Walmart Inc., The Kroger Co., Peapod LLC, Fresh Direct LLC, Target Corporation, Publix Super Markets Inc., Best Buy Co. Inc., Instacart, Costco Wholesale Corporation, Safeway Inc., Carrefour S.A., Tesco PLC, Edeka Group, Aldi, Alibaba Group, JD.Com, Honestbee, Grofers India Pvt. Ltd., Avenue Supermarts Ltd. and among others.

Several online grocery/ e-retailer companies are entering into strategic partnerships with prominent retailers to cater to the growing demand for groceries and other essential items.

Walmart Inc. has entered into a strategic partnerships with four third-party delivery providers which are Point Pickup, Skipcart, AxleHire, and Roadie to help the company provide on-time delivery to its customers
In India Domino’s Pizza, Uber, Rapido, Swiggy, Zomato, and other have ventured into grocery delivery in collaboration with online grocers such as BigBasket and Grofers and retail chains such as Big Bazaar and Spencer

Market Segmentation

The global online grocery market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

Packed Foods
- Snacks
  - Chips & Crisps
  - Salty Snacks
  - Dried Fruits
  - Mixed Nuts
  - Popcorn
- Baked Products
  - Cookies
  - Cakes & Pastries
  - Breads & Rolls
  - Frozen Desserts
  - Confectioneries
- Breakfast & Cereal
  - Cereal & Breakfast Bars
  - Granola & Muesli
  - Energy Boosting Breakfast
  - Others (Syrups, Pancakes, etc.)
- Ready to Eat Foods
  - Instant Noodles
  - Pasta
  - Sandwiches
  - Smoked Fish

Purchaser Type

One Time Purchase
Subscription

Delivery Type

Home Delivery
- Company Owner Stores
- Third-Party Stores
Click & Collect

End User

Individuals
Distributors

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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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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Fabric Stain Remover Market is expected to enjoy a valuation of US$ 10 Billion in 2022

The global fabric stain remover market to exhibit a CAGR of 4.7% between 2020 and 2030. In its report, FMI offers an executive-level blueprint of the market and examines the prevailing trends.

An increasing number of fabric stain remover brands are currently aiming at determining effective strategies for building brand repute. Coupled with this, companies such as Colgate-Palmolive Company, Procter & Gamble Co., Unilever PLC, Reckitt Benckiser Group PLC, and Henkel AG & Co. KGaA, are launching improved versions of their products.

The market, which until a couple of years ago was embroiled with criticism surrounding the use of chemical enzymes, is currently witnessing a slew of product launches – most of them eco-friendly. Steered by shifting consumer preferences, more companies are eliminating synthetic chemicals to offer cleaner ingredient list.

There also is ample focus on ensuring sustainable methods of disposal. Hence natural ingredients are preferred to ensure when disposed of in the environment, these stain removers don’t cause water or soil pollution.

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With the demand for organic and eco-friendly products showing no signs of slowing down, FMI projects the fabric stain remover market to surpass a valuation of US$9.24 Bn by 2020. Some of the leading brands are launching stain removers containing biodegradable ingredients such as coconut oil and mineral based surfactants and plant-based enzymes.

Ban on Use of Harmful Chemicals Will Spur Application of Natural Ingredients

Use of chemical compounds such as nonylphenol ethoxylate are banned in Canada and across several countries in Europe. The chemical is believed to mimic the estrogen in human body, thus causing hormonal imbalance which may negatively affect reproductive systems.

Stringent laws implemented across various countries curtailing the use of harmful chemicals has ushered an era of new dawn in the fabric stain remover market. To retain their existing consumers and expand global footprint, most companies are adhering to such stringent compliances.

This paradigm shift in manufacturing process will aid in the expansion of the market. Future Market Insights offers insights into some of the key trends prevailing impacting growth. These include:

Companies are likely to focus on improving their online presence. Among distribution channels FMI projects online channels to exhibit a higher pace of growth, yet offline channels are likely to continue leading the market
Rising demand for innovative laundry care products will catapult Europe to the forefront. It is expected to remain dominant regional market for fabric stain removers through the course of the forecast periodLiquid fabric stain removers are expected to remain consumer favorite among product types, constituting more than 30% of the global market

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“Leading companies are expected to focus on building their brand image. Therefore, they are likely to invest in aggressive promotion and marketing strategies to create a positive brand perception in consumers’ mind,” said a lead analyst at FMI

COVID-19 Outbreak Has Fuelled Demand for Cleaning and Hygiene Products

The home care industry is currently at the receiving end of the unprecedented COVID-19 outbreak. With stay at home orders sweeping across nations, overall spending in discretionary products has plummeted.

Meanwhile, the demand for cleaning and hygiene products has surged. More companies are now focusing on strengthening their online distribution network, which has been one of the positive influences of the pandemic.

While supply chain disruptions may stunt growth rate witnessed in the market, FMI expects it to bounce back once the coronavirus passes. The current scenario, if anything, has changed consumer behaviour for better.

They are more conscious towards maintaining personal hygiene and a healthy environment, which will ultimately boost sales in the fabric stain remover market.

Who is winning?

Some of the key players operating in the fabric stain remover market Procter & Gamble Co., Colgate-Palmolive Company, Unilever PLC, Reckitt Benckiser Group PLC, Henkel AG & Co. KGaA, Amway Corporation, S.C. Johnson & Son Inc., Kao Corporation, LG Household & Health Care Ltd., Church & Dwight Co., Inc., Lion Corporation, Oxychem Corporation, Wings Corporation, Blissful Industrial Corporation, Alen USA LLC, and Caldera Inc.

An increasing number of market players are expected to invest in research and development activities to launch innovative products. Some of the recent product launches witnessed in the market are:

In January 2020, The Procter and Gamble Company introduced Ariel Downy Pink (Ariel know for stain remover) variant to expand its offerings in the Kenya market. The product incorporates the stain removal techniqueIn 2019, CR Brands released the new OxiClean Stain Remover PenIn 2019, Kao Corporation announced the launch of concentrated liquid laundry detergent “Attack ZERO “.

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Get Valuable Insights into Fabric Stain Remover Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global fabric stain remover market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the fabric stain remover market based on the product type (powder, bars/ blocks, pacs & tablets, liquid, and others), nature (conventional, and organic), price range (economy/ mid-range, and premium), end-user (commercial and household), sales channel (direct and indirect) across seven major regions.

Key Segments of Fabric Stain Remover Industry Survey

Fabric Stain Remover Market by Product:

Powder
Bars/Blocks
Pacs & Tablets
Liquid
Others (Sprays, Gels, etc.)

Fabric Stain Remover Market by Nature:

Conventional Fabric Stain Removers
Organic Fabric Stain Removers

Fabric Stain Remover Market by Price Range:

Economy/ Mid-range Fabric Stain Removers
Premium Fabric Stain Removers

Fabric Stain Remover Market by End Use:

Household
Commercial
- Hotels & Restaurants
- Hospitals
- Long-term Care Centers
- Others

Fabric Stain Remover Market by Sales Channel:

Direct Sales of Fabric Stain Removers
Indirect Sales of Fabric Stain Removers
- Supermarkets/Hypermarkets
- Convenience Stores
- Independent Small Stores
- Discounted Stores
- Online Sales Channels
- Others

Fabric Stain Remover Market by Region:

North America Fabric Stain Remover Market
Latin America Fabric Stain Remover Market
Europe Fabric Stain Remover Market
East Asia Fabric Stain Remover Market
South Asia & Pacific Fabric Stain Remover Market
Middle East & Africa (MEA) Fabric Stain Remover Market

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Surface Water Sports Equipment Market is projected to have a CAGR of 11% during forecast period by 2032

The global surface water sports equipment market is surging and is expected to continue increasing between 2020 and 2030. According to Future Market Insights (FMI), the surface water sports equipment market is a highly lucrative, and well poised to achieve a growth of over 5% over next ten years. Rising interest of people towards adventure water sports will boost sales.

The market is currently driven by frequent product launches and various technological advancements. For instance, the advent of electric vehicles in water sports activities will encourage manufacturers to make their launches more interesting to consumers.

Resultantly, companies will focus on offering better technologies and making their equipment high-performing. Studies suggest smaller companies are likely to focus more on innovations to strengthen their footprint in the global market.

For instance a New Zealand based startup called Manta5 has recently combined electric vehicle’s technology to that of watercraft to offer an exciting new equipment for surface water sports. It has launched a water bike called XE-1, which is built with carbon fiber hydrofoils on an aluminum frame.

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The water bike is inbuilt with a propeller that keeps the craft lifted out of the water as the rider picks up speed. It also has a proprietary gearbox connected to a hybrid chain and shaft drive that allows the craft to stay streamlines.

Driven by the slew of product launches witnessed at regular intervals, the global water sports equipment market will exhibit impressive growth. FMI studies the various factors driving the market in detail in its recent market study.

The report offers a comprehensive overview of the global surface water sports equipment market, covering factors enabling growth and key restraints. It offers in-depth insights into the market. Some of these are:

North America is expected to record high demand for surface sports water equipment
The market is expected to witness growth at a higher pace in East Asia
North America, Europe, and East Asia markets are likely to showcase a high degree of competition. Hence companies are expected to focus on technological advancements and product launches to gain edge
Advent of electric vehicles and AI will give significant impetus to the market
The unprecedented COVID-19 outbreak is expected to hamper growth. Lack of tourism due to the ongoing pandemic crisis might result in plummeting sales of surface water sports equipment

“Surface water sports equipment market is expected to witness considerable growth. While it might witness stunted sales due to the ongoing pandemic, recovery is on cards as soon as the coronavirus passes. Upward trend of investment will enable growth in the market in the coming years,” said a lead analyst at FMI.

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Who is winning?

Some of the leading companies operating in the global surface water sports equipment market are Paddle Surf, AIRE, Naish International, Rave Sports, O’Brien, BIC Sports, Aqua Marine, Belassi, BomBoard, Starboard, Solstice Sports, Surftech, and Johnson Outdoors.

Companies operating in the market usually focus on innovations. FMI observes a higher spending on research and spending to support product launches. While the market exhibits a presence of a significant number of established companies, it also offers immense prospects for smaller businesses and new entrants.

Get Valuable Insights on Surface Water Sports Equipment Market

Future Market Insights, provides an unbiased analysis of the global surface water sports equipment market in its new offering, giving historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights into the market. In terms of product, the market can be segmented into paddle sports equipment, ski sports equipment, board sports equipment. Based on end user, the market can be segmented into beginner, professional, and intermediate. On the basis of consumer orientation, the market can be bifurcated into adults and kids and based on price range it can be bifurcated into mass and premium. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

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Key Segment

Product Type

Paddle Sports Equipment
Ski Sports Equipment
Board Sports Equipment

Consumer Orientation

Adults
Kids

Sales Channel

Wholesalers/ Distributors
Hypermarkets/ Supermarkets
Exclusive Stores
Multi-brand Stores
Franchise Sports Chain Outlets
Independent Sports Outlets
Online Retailers

End User

Beginner
Intermediate
Professional

Price Range

Mass
Premium

Region

North America
Europe
Middle East and Africa
East Asia
South Asia
Oceania
Latin America

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Asia Pacific Is Anticipated To Generate The Largest Drive Wind Turbine Market Share In The Near Future | 2022-2032

The global direct drive wind turbine market is expected to be worth US$ 18.3 billion in 2032, with a CAGR of 16.2 % from 2022 to 2032. It is expected to exceed $14.6 billion by 2022. The urgent need to reduce noise, improve surge efficiency, and generate more torque with lower RPM is expected to boost direct drive wind turbine sales during the assessment period.

A few of the factors driving the growth of the Direct Drive Wind Turbine market in the industrial automation industry are the rising use of machines, the demand for high-quality products across various industries, and the integration of smart devices into the machinery. Automation is being used by businesses to boost productivity and cut labour costs. FMI offers thorough industry insights to help market participants develop their long-term strategies and keep their competitive edge.

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The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive wind turbines market share in the forthcoming years. The rapid industrialization, favorable regulations on energy efficiency, and high share of renewables in the power generation sector are likely to augment the market.

According to the FMI’s report, the Direct Drive Wind Turbine market is projected to record a CAGR of 16.2% over the forecast period. To receive the detailed insights about the Direct Drive Wind Turbine market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Market Competition:

ReGen Powertech Pvt. Ltd.
ABB Ltd.
Northern Power System
Goldwind Science & Technology Co. Ltd.
Siemens Gamesa Renewable Energy SA
M. Torres Olvega Industrial
Emergya Wind Technologies B.V.
Rockwell Automation Inc.
Enercon GmbH
Avantis Energy Group
Bachmann electronic GmbH

The global market is moderately fragmented backed by the presence of various small- and large-scale companies. Majority of the leading companies are aiming to attract more customers by participating in mergers and acquisitions with start-up companies. A few other players are focusing on introducing innovative products to expand their existing product portfolios and compete with their rivals.

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Key Segments Profiled in the Drive Wind Turbine Industry Survey

By Capacity:

Less than 1MW
1MW to 3MW
More than 3MW

By Technology:

Permanent Magnet Synchronous Generator
Electrically Excited Synchronous Generator

By Application:

Offshore
Onshore

By Region:

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

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Small Kitchen Appliances Market is estimated to expand at a CAGR of 3.5% from 2022 to 2030

Expanding at a CAGR of 3.5%, global consumption of small kitchen appliances market has reached a market valuation of US$ 102.31 Bn in 2022 and is predicted to increase to US$ 134.23 Bn by the end of 2030.

Small kitchen appliances currently account for around 15%-20% share in the global household appliances market. The e emergence of innovative products such as smart kitchen appliances is set to drive overall demand for small kitchen appliances over the coming years.

Key Takeaways from the Small Kitchen Appliances Market Study

East Asia is expected to dominate the global small kitchen appliances market owing to large population base which are more inclined towards healthy & home cook food.

Small kitchen appliances market is primarily dominated by small cooking appliances due to growing food easting habit in home which further creates demand for small cooking appliances such as cooker, deep fryer, toaster etc.According to FMI, residential sectors are expected to see higher sales of small kitchen appliance as compared to commercial sector however HoReCa (hotel, restaurant, cafe) segment is anticipated to expand at highest CAGR during the forecast.
Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast period.Modern trade (hypermarket/ supermarket) is considered as the largest sales channel in terms of value share in the global small kitchen appliances indirect sales channel.

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Small Kitchen Appliances Sales are Gaining Traction Globally owing to High Product Awareness, and New Innovative Product Launches

Technology advancements, energy efficiency, cost, and quality of the products are major factors drive consumers’ purchasing preference.

The advent of e-commerce industry and wide availability of different offline sales channel such as modern store (hypermarkets/supermarkets, specialty stores etc.) supports the industry from supply side.

Growing health consciousness, increasing consumers with cooking as hobby, growing television programs and cooking recipes on YouTube and other online platforms push the consumers towards home food which is resulting as an increased demand for small kitchen appliances across the world.

Market to Recover as Soon as Economies Return to Normalcy Post Coronavirus

Covid-19 which originated in China has now spread all over the world. Except essential products and services, all businesses are temporarily closed. As per World Economic Forum, The US and Eurozone’s economies are expected to recover to its full swing until 2023. The small kitchen appliances market is also affected due to Covid-19 pandemic as production are temporarily suspended, physical stores are closed.

Online platforms also face challenges in product delivery due to country lockdown, and low availability of stocks. However, initiatives taken by the respective country governments have checked the growth rate of people getting infected. This shows positive sign of normalcy in coming quarter for few countries such as China, India etc.

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Who is winning?

Some of the key players operating in the Small Kitchen Appliances market are Whirlpool Corporation, Panasonic Corporation, Groupe SEB, Electrolux AB, BSH Hausgerate GmbH, Haier Group, LG Electronics, Dongbu Daewoo Electronics, Samsung Electronics, Breville, Miele, Koninklijke Philips N.V., Conair Corporation and others.

Several leading foot care product players are launching new innovative products to expand their footprint and product portfolio. At present, manufacturers are focusing on R&D, merger & acquisition and partnership activities to come up with new technologies which can change the market landscape of Small Kitchen Appliances.

In Nov 2019, Caraway Home launched eco-friendly, non-toxic and non-stick materials cookware set.In Sept. 2019, Philipps had launched Keurig K-Duo coffee machine in three variants.

Get Valuable Insights into Small Kitchen Appliances Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global small kitchen appliances market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2022-2030

The small kitchen appliances study reveals compelling insights on the small kitchen appliances market on the basis of product type (small cooking appliances, food preparation appliances, and beverage making appliances), price range (premium/high, economy/mass), end user (residential, commercial), and sales channel (wholesaler/ distributor, hypermarket/ supermarket, multi-brand stores, small independent stores, online and others) across all regions.

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Key Segments of Small Kitchen Appliances Industry Survey

Small Kitchen Appliances Market by Product:

Small Cooking Appliances
Food Preparation Appliances
Beverage Making Appliances

Small Kitchen Appliances Market by Price Range:

Mass Small Kitchen Appliances
Premium Small Kitchen Appliances

Small Kitchen Appliances Market by End Use:

Residential Small Kitchen Appliances
Commercial Small Kitchen Appliances

Small Kitchen Appliances Market by Sales Channel:

Wholesalers/ Distributors
Hypermarkets/ Supermarkets
Multi-brand Stores
Independent Stores
Online Stores
Others

Small Kitchen Appliances Market by Region:

North America Small Kitchen Appliances Market
Latin America Small Kitchen Appliances Market
Europe Small Kitchen Appliances Market
East Asia Small Kitchen Appliances Market
South Asia & Pacific Small Kitchen Appliances Market
Middle East & Africa (MEA) Small Kitchen Appliances Market

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DIY Haircut Kits Market Anticipated to reach a Market Valuation of US$ 8.8 Billion by the end of 2029

The global DIY haircut kits market accounted for revenues worth US$ 6.9 Bn in 2022 and is projected to expand more than 2.9%CAGR during the forecast period of 2022-2030.

Strong focus on personal grooming and self-care, popularity of men’s grooming trend, and rise in number of salons have been triggering demand for haircut kits. Additionally, a growing trend has been observed in home or personal usage which is anticipated to propel future sales of DIY haircut kits. Owing to increasing fashion trend and style quotient, individuals are more inclined to experimenting with new hair styles and modifications which is resulting to an increased demand for DIY haircut kits such as clipper & trimmer kit.

Key Takeaways of the Global DIY Haircut Kits Market Study

East Asia is expected to account for high share of the global market value, owing to large consumer base interested in personal grooming. Given the concentration of a large number of manufacturers, the market will continue to flourish in the region.According to FMI, clipper & trimmer kit is expected to see higher sales than its counterpart such as scissors set, as the latter are used by professional with specific skill set to cut hair.

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Moreover, clipper and trimmers are easy to operate, less time consuming, and does not require any skill set.Salons/professionals remain top end user, accounting for higher value share of the global DIY haircut kits market.Personal use of DIY haircut kits and in home-care settings is expected to grow at a significant pace, owing to greater emphasis on enhanced experience at low expenses and with elaborate resources.

Sales through offline channel continue to influence manufacturers’ growth strategies.Growing consumer’s inclination towards online shopping will propel the sales of DIY haircut kits through online platforms. Product comparison, read reviews, competitive pricing, and door step delivery are the factors that influence the purchase decision of consumers.

Covid-19 Impact & 2020 DIY Haircut Kits Market Analysis

Covid-19 outbreak, which started in China, is rapidly spreading all over the world and has an adverse impact on the sales of DIY haircut kits. Apart from essential products and services, businesses are temporarily closed. Additionally, most of the countries are in lockdown situation which restricts all physical store sales. However, China which has started recovering from Covid-19 crisis has seen a strong growth in online sales for DIY haircut kits such as clipper and trimmers for home and personal usage.

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Ongoing pandemic has disrupted the supply chain of DIY haircut kits, hence lower sales can be observed in Q1-Q2, 2020. However, Q3 is expected to show positive sign of recovery of the market. At present, manufacturers are focusing on offering products specific for male consumers and capitalizing on the kids segment which is expected to be the most lucrative segment.

DIY Haircut Kits for Kids Trending Over Men & Women Products
DIY haircut kits for kids are trending at present all over the online platforms. The most preferred DIY haircut kits for kids are the baby hair trimmer and rechargeable electric hair clipper.

The kids are more reluctant to haircut in hair salons; hence parents are now considering its alternative solution – a baby haircut kit for at-home use. Manufacturer’s innovative product launch also pushes the kids segment for higher sales. Moreover, these manufacturers are offering waterproof hair styling haircut kit device with long battery hours, environment-friendly USB hub, and accessories kit with innovative baby packaging.

Who is winning?
Some of the key players operating in the DIY haircut kits market are Koninklijke Philips N.V., Wahl Clipper Corporation, Spectrum Brands, Inc. , Remington), Procter & Gamble (Braun GmbH), Panasonic Corporation, Conair Corporation, Andis Company, VEGA, Sunbeam Products, Inc., Riwa, Havells India Ltd., FLYCO, Xiaomi, Zed Lifestyle Pvt. Ltd, and Oster Professional.

Several leading companies are focusing on R&D, merger & acquisition and partnership activities to come up with new technologies which can change the market landscape of DIY Haircut Kits.

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In April 2019, Flipkart announced that they had partnered with Beardo to provide Beardo’s grooming kit and electric trimmer.In July 2019, The Wahl Clipper Corporation launched cordless detailer with T-fast blade and 100 minutes of cutting time in one charge.

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Demand for Personal Protective Equipment Rising Across Asia Pacific Between 2022-2032

The global protective equipment market is expected to be worth $55.6 billion in 2022. However, with a growing emphasis on improving worker safety across various industries, overall sales of personal protective equipment are expected to rise at a healthy CAGR of around 6.3 % between 2022 and 2032, totaling more than US$ 96.4 billion by 2032.

PPE stands for personal protective equipment, which includes items like protective clothing, helmets, goggles, gloves, face shields, masks, and other similar gear that shield the wearer’s body from harm or infection while at work. They are now in great demand across a range of industries as tools for enhancing workplace safety.

Supplies are stagnating despite significant efforts to boost production capacity, and the market situation has worsened, primarily as a result of the prolonged shutdown of factories in China. The World Health Organization (WHO) has additionally cautioned that severe and precipitous disruptions in the supply of PPE on a global scale, brought on by misuse, panic buying, and stockpiling, are putting the lives of healthcare professionals and patients in danger. The new coronavirus disease is spreading quickly in terms of cases.

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As the inappropriate use and supply shortage of PPE continues, the WHO has put forth several strategies to facilitate optimal PPE availability and normalize the supply chain. Using telemedicine to evaluate suspected cases of COVID-19 and physical barriers to reduce exposure and restricting healthcare workers who are not involved in direct care from coming in contact with COVID-19 patients are likely to minimize the need for PPE. The rationalized use and distribution of PPE along with rapid response to curb the spread of disease is thus expected to bridge the widening gap between supply and demand for PPE.

U.S. Urges Nations to Ramp Up Production of PPE, China to Lift New Export Restrictions on Medical Supplies

North America and Europe remained key markets for personal protective equipment for both medical and industrial applications with major players expanding their presence in developing Asian Pacific countries such as China and India. Rapid industrialization, low operation cost and cheap labor in these countries have been securing a steady supply chain for global market stakeholders.

However, the scenario is drastically changing amidst the outbreak of coronavirus and subsequent lockdown of factories. As the U.S. is facing a historic surge in patients seeking care of COVID-19, the government is using federal powers to force local companies to manufacture, urging other countries to accelerate the production of PPE, and seeking to purchase any quantities major PPE-producing countries can spare.

China’s new restrictions on coronavirus-related medical supplies including personal protective equipment – that allows only those manufacturers with accreditation to sell their products with China to export to other countries – came amid growing concerns about quality of various Chinese medical products. However, the country promises to lift the restrictions as several countries are still battling COVID-19 with massive shortfall of essential medical supplies. This, in turn, is expected to influence the growth prospects of the global personal protective equipment market.

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COVID-19 Redirects the Application Scope of Personal Protective Equipment

Governments and health organizations worldwide are increasingly collaborating with manufacturers and suppliers to meet the PPE supply-demand gap. However, these manufacturers are facing significant hurdles due to unavailability of raw materials and outbound logistics amidst expansive lockdown of airlines and restrictions on export activities.

In addition to taking critical decisions to normalize the situation, manufacturers are currently stopping the production of industrial PPE such as industrial safety, chemical resistant gloves, and welding helmets and focusing on products for medical applications. However, innovations are on the horizon for smart personal protective equipment to deliver real-time information, minimize exposure to hazards, and enable adjustments with internal and external conditions. Post supply chain normalization, the demand for PPE will continue to grow in line with increasing mining activities and infrastructural development.

PPE Market – Competitive Landscape

A section of the FMI’s report covers detailed profiles of key players active in the personal protective equipment (PPE) market wherein product portfolio, new launches, development strategies, and regional footprint have been provided. Some of these players include 3M Company, Rahman Group, Golden Chang, Oftenrich Holdings Co. Ltd, JSP Ltd., Interspiro, Honeywell Life Safety, Ansell Healthcare Products LCC, Gateway Safety Inc., Wells Lamont Industry Group, Avon Rubber p. i. c., JAL Group, COFRA Holding AG, Avon- ISI, Alpha Pro Tech Ltd., Eurodress GmBH, Bekina NV, Jallatte Group, and Z and V Group.

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Key Segments Profiled in the Personal Protective Equipment Industry Survey

By Product Type: