Peripheral Intravenous Catheter Market Will Generate New Growth Opportunities in Upcoming Year

The global peripheral intravenous catheter market is expected to observe steady growth in 2016, reaching beyond US$ 3.8 Bn by 2016 end. Wide adoption of catheterisation techniques in patient examination, diagnosis, and treatment is anticipated to fuel the demand for PIVC. Rising disease prevalence will play a key role in driving the market growth. North America is likely to remain the largest market; Asia Pacific is expected to emerge at the fastest rate.

Soaring disease prevalence will remain a prominent factor driving the demand for catheterisation, in turn pushing the market for PIVC. Apart from its usage in drug administration, increasing adoption of peripheral intravenous catheter in body fluid collection during a patient’s physical examination, is also identified to be a key driver to market growth.

Prevalence of infections and epidemics are expected to further spur the demand for catheters in hospitals, clinics, ambulatory surgical centres, home healthcare units, and other healthcare centres. In addition to constantly enhancing healthcare infrastructure, the healthcare spending of consumers is also on the rise, which will favour the market growth.

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Technological advancements in PIVC will particularly hold a positive impact on sales, boosting the market. Peripheral intravenous catheter is considered superior to its other counterparts, which will continue to drive adoption as a preferred option over other catheter types, eventually supporting the sales of PIVC.

Moreover, there have been rising efforts toward manufacturing peripheral intravenous catheter using non-irritant, user-friendly material. Moreover, manufacturers are targeting PIVC design improvisation to eliminate the associated complications. This is projected to be a major factor positively influencing the market growth.

A few qualitative and technological complications associated with material composition, design, and after-effects of PIVC are expected to continue affecting mass adoption. In addition, market growth may be restricted due to expensive prices of peripheral intravenous catheter, especially in emerging economies. Conventional PIVC sales can also witness a drop owing to certain stringent medical device regulations in some of the developing countries.

By product, short peripheral intravenous catheter segment will remain dominant over integrated/closed peripheral intravenous catheter segment. Short PIVC segment is further sub-segmented into ported PIVC and non-ported PIVC. While short PIVC segment is expected to register the largest market share of over 71% in 2016, integrated/closed PIVC segment will witness significant Y-o-Y growth of 8.2%. Among the two sub-segments of short PIVC, non-ported PIVC is likely to remain dominant over ported PIVC.

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On the basis of technology, safety peripheral intravenous catheter will continue to gain higher traction than conventional PIVC.

Based on end-user, hospitals segment is likely to generate the maximum PIVC demand. Ambulatory surgical units will also record decent demand. Peripheral intravenous catheter will register maximum revenue sales in 2016 in hospitals, accounting for over 60% market share. Ambulatory surgical units will remain the second most lucrative PIVC end-user segment.

By region, North America is expected to continue the leading position with around 45% share of the entire market revenues in 2016. Europe will continue to be the second largest market for PIVC with a value of over US$ 1.0 Bn in 2016. Asia Pacific is anticipated to emerge as the fastest growing region. Compared to a 5.8% of Y-o-Y of North America, APAC will witness a stronger Y-o-Y growth in 2017 over 2016.

Some of the leading players in peripheral intravenous catheter market, include Becton Dickinson and Company, B. Braun Melsungen AG, Smith Medical, C. R. Bard, Inc., Vygon Group, Terumo Corporation, and Tangent Medical.

Market Segmentation

To understand and assess opportunities in the global peripheral intravenous catheter market, we have divided the report into four sections based on market segmentation as under:

By Product Type

  • Short PIVC
  • Ported PIVC
  • Non-ported PIVC
  • Integrated/closed PIVC

By Technology

  • Conventional PIVC
  • Safety PIVC

By End-user

  • Hospitals
  • Ambulatory surgical centres
  • Clinics
  • Home use
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Anti Crystallizing Agents Market | Size, Historical Growth, Analysis, Opportunities and Forecast To 2028

Undesired crystallization of products in the food & beverages, pharmaceutical & other industries deteriorates product quality by reducing product texture, taste, whipping properties, flavoring impact, air bubble stability and many other vital product characteristics.

Anti crystallizing agents are substances which are added to products especially in the food & beverages industry, to prevent undesired crystallization of foods, beverages, or even water used in processes of these industries.

For instance, glucose liquids are a type of anti crystallizing agents. They are obtained by the hydrolysis of starch in which the long-chain carbohydrate molecules are broken down into series of low molecular weight carbohydrates. When spray-dried, they can be used in an even more comprehensive range of anti crystallizing applications.

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The anti crystallizing property of glucose liquids render them suitable for use in the manufacture of cough syrups, which have  increased viscosity and enhanced mouth feel with no unwarranted escalation of sweetness. In this application, taste masking, as well as tailored rheology and flow properties, all play a vital role in delivery of the pharmaceutical components.

The addition of an anti crystallizing agent delays crystal formation which indirectly improves the clarity of the oil or any product to which the agent is added. Besides, the addition of an anti crystallizing agent does not influence the Peroxide Value (PV) of an oil.

Furthermore, high quality anti crystallizing agents neither introduce any specific or additional flavor to the main product, nor do they stop slowing down the undesired development & growth of crystals.

Considering these important aspects of applications of anti crystallizing agents, the study of the anti-crystallizing agents market becomes an important read.

Key Trends, Drivers

Manufacturers of anti crystallizing agents have been focusing on implementing specific branding and marketing strategies to develop a brand image of their anti crystallizing agent products. This has been a part of achieving their strategic objectives to effectively advertise & market the product quality and enhanced features, to gain competitive advantage in an intensely competitive food & beverages industry.

This, of course, is apart from their collaborative strategy they adopt with regard to partnering with distributors & suppliers to ensure an effective volume sales, by leveraging the latter’s expertise in specific geographies or product segments. Furthermore, regulatory compliance pertaining to product compositions mandated by national & international food & drug regulatory bodies such as the U.S.

Food & Drug Administration (FDA) needs to be met by anti crystallizing agent manufacturers. This in turn, has been increasing the onus on manufacturers, with regard to conforming to legislative statutes.

Major research & development investments for new anti crystallizing agent product development, however, have been a prerogative of the large, financially sound manufacturers. For instance, the development of modified poly glycerol esters (PGEs) is an example.

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PGEs have demonstrated that crystal phase properties that are more conducive to the formation of very stable gel network structures, translate into substantially high performance as an anti crystallizing agent in the vegetable oil, biodiesel and oleo chemical industries.

Also, manufacturers have been providing consultation in the form of recommended application methods with regard to use of anti crystallizing agents, for augmenting customer satisfaction. These factors are expected to drive the market growth of the anti crystallizing agent market, at a worldwide level.

Market Participants

Examples of the market participants in the anti crystallizing agents market are as follows:

  • Cargill, Incorporated
  • I. Famar S.A.
  • Nikko Chemicals Co., Ltd.
  • Global Specialty Ingredients (M) Sdn Bhd
  • Shandong Futaste Co.
  • Star Chem FZE
  • Roquette
  • D. Navkar Bio-chem Private Limited
  • Fine Organics
  • BMSG

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Diethyl Phthalate Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2029

Diethyl phthalate is a diethyl ester of phthalic acid and is a chemical compound belonging to the phthalate ester family. Diethyl phthalate is clear colorless liquid which is marginally denser than water. Diethyl phthalate has low volatility. Diethyl phthalate is also known as solvanol or phthalol in industry. Generally diethyl phthalate is synthesized by either Ald-Ox process, or by Oxo process.

Diethyl phthalate can also be produced by reacting phthalic anhydride with ethanol in the presence of concentrated sulfuric acid which acts as a catalyst. The purity of diethyl phthalate generally ranges from 98% to 99.5%.  Diethyl phthalate is used as a plasticizer for increasing the flexibility of plastics.

Diethyl phthalate has found its application as a plasticizer in the manufacturing of automobile parts, packaging films, plastic films, tools etc. Diethyl phthalate is used as a suitable solvent for various organic compounds. Diethyl phthalate is used as a binder in different types of cosmetics and fragrances.

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Diethyl phthalate is also used in the formulation of bathing soaps, toiletries, aftershave lotions and skin care products. Diethyl phthalate is used as component in insecticides and mosquito repellent sprays. It can also be used as a plasticizer for solid rocket propellants.

Diethyl phthalate has also found its application as coating ingredient in aspirin and as a diluent in polysulfide dental impression materials. Diethyl phthalate is considered as a compound with acute toxicity, owing to which there are number of exposure regulations on diethyl phthalate.

Global Diethyl Phthalate Market: Dynamics

Significant growth in urban population and increased consumer spending capabilities coupled with increased youth inclination towards styling and grooming has escalated the demand for cosmetics and personal care products. Increasing consumption of cosmetics and personal products is estimated as a key driving factor responsible for the growth of global diethyl market.

Rise in population has increased the need for modern day agricultural cultivation with better yield. Adoption of modern day agricultural techniques has increased the demand for agrochemicals, which is projected to have positive impact on diethyl phthalate market. Plastics & polymers play a crucial role in the industrial world, thus increased demand for plastics & polymers is expected to bolster the demand for diethyl phthalate.

In the recent years packaging industry has witnessed significant growth and is expected to witness upward trend in the forthcoming period. Growth of packaging industry will propel the demand for diethyl phthalate in the upcoming years. Increasing number of regulations due to the toxicity of diethyl phthalate and its harmful effect on the human reproductive systems can be attributed as restraining factor for diethyl phthalate market growth.

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Global Diethyl Phthalate Market: Regional Outlook

Swift growth of population coupled with rising consumer spending capabilities especially in countries such as China and India is estimated to drive the growth of personal care and cosmetics industry. Apart from it increasing inclination towards styling & grooming has elevated sales of cosmetics and personal care products in the Asia Pacific region.

Along with the aforementioned factors and growth of agrochemicals, packaging and plastics & polymers industries is estimated to make Asia Pacific a prominent market for diethyl phthalate. Regions such as Europe & North America can be attributed as a potential markets for diethyl phthalates owing to the rising demand of personal care products.

However increasing regulations might slowdown the market growth in these regions. Significant growth of cosmetics & personal care industry due increased consumption in regions such as Latin America and Middle & Africa, makes LAMEA a promising market for diethyl phthalate.

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Global Diethyl Phthalate Market: Key Market Participants

Examples of some of the market participants operating in the global diethyl phthalate market are:

Merck KGaA, Tokyo Chemical Industry Co., Ltd., Thirumalai Chemicals Ltd., Eastman Chemical Company, Oaisis Alcohol India Pvt. Ltd., Shandong Zhonglan Chemical Co., Ltd., Jiangsu Kedi New Material Co., Ltd., Shanghai Ruizheng Chemical Technology Co., Ltd., ChemFine International Co., Ltd., Wuhan Jayusion Pharmaceutical Technology Co., Ltd. and Gihi Chemicals Co., Ltd. among others.

The Diethyl phthalate market research report presents a comprehensive assessment of the Diethyl phthalate market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The Diethyl phthalate market research report provides analysis and information according to Diethyl phthalate market segments such as geographies, application and industry.

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Fly Ash Bricks Market | Growth, COVID Impact, Trends Analysis Report Forecast to 2028

Fly ash bricks as the name signifies is made from fly ash generated from the thermal power stations along with lime and gypsum. Pulverized fuel ash is called fly ash and is mostly generated from thermal power stations where it is generated by burning of coal.

The fly ash bricks requires almost 25-30% less cement or motor. These bricks are made from machines, hence, they are uniform in shape and size and can be easily arranged in symmetrical structures providing immense strength and bonding.

The outside cement wall plastering is not required in case of fly ash bricks as they are grey and have smooth and uniform texture and these bricks absorb significantly less water. These are much lighter in weight as compared to conventionally used red bricks thereby reducing the transportation and dead building costs.

Moreover, fly ash bricks do not require firing which is an important manufacturing step for the red bricks and therefore does not contribute to environmental pollution.

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Global Fly Ash Bricks Market Dynamics

Drivers

One of the major factor driving the demand for fly ash bricks is the increasing investments in the construction sector, especially in the developing countries of Asia Pacific region. There has been significant increase in the construction spending and the budget allocated for infrastructural and industrial development have been increased, which in turn is projected to create traction for the global fly ash bricks market.

There has been rising problem of pollution worldwide, fly ash bricks reduces the problem of pollution by utilizing the fly ash produced from thermal power plants which might otherwise be a problem in disposal. Moreover, the conventional red bricks need to be burned in kilns and huge amount of coal is burned for the process, thus, adding to greenhouse effects caused by carbon dioxide emissions.

Additionally, other numerous benefits such as low water absorption, light weightedness and other properties have added to the significant popularity of fly ash bricks in the global market.

Restraints

One of the major restraint hampering the growth of fly ash bricks market is the conventionally used red bricks made from red clay are easily available wherein fly ash need to be transported from the thermal power plants to the production plants, adding to manufacturing costs.

Another major restraint affecting the growth of global fly ash bricks market is the red bricks could be easily manufactured by small scale industries while the fly ash bricks manufacturers have to bear with the sales taxes, excise duties and service taxes amongst others.

Trends

The regional governments have also extended its support to promote the use of fly ash bricks such as India has mandated thermal power plant operators to provide fly ash free of cost to brick manufacturers. Moreover, many carbon emission reduction incentives are also being provided to promote the manufacturers interest in developing fly ash bricks.

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Global Fly Ash Bricks Market: Regional Outlook

The global fly ash bricks market is anticipated to be dominated by Asia Pacific region. China and India are projected to witness significant growth rate over the forecast period, owing to the investments and growing construction spending which has led to rapid industrial and infrastructural developments. North America and Europe are projected to hold significant share in the global fly ash market.

However, the regions are projected to witness relatively moderate growth owing to the stringent policies and regulations for the harmful effect of fly ash and the decrease in raw material availability due to decreasing number of thermal power plants.

Global Fly Ash Bricks Market Participants

Some of the market participants identified across the value chain of global Ballast Tank Corrosion Inhibitors market are:

  • Boral Limited
  • EMEX S.A.B. DE C.V
  • Pavcon
  • Nuvoco Vistas Corp Ltd.
  • LafargeHolcim
  • Jayem Manufacturing Co.
  • MR Enterprises
  • Puzzolana Green Bricks
  • Jebajeyam Brick Company
  • Paul Bricks
  • Pyramid Chemicals (P) Ltd
  • HansonDoha
  • NCL Group

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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.

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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Camphor Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2030

While the world is making a shift away from the use of chemicals in various products that are used on a daily basis, camphor is emerging as a popular chemical ingredient in most of the natural end products.

Being a translucent terpene ketone, white/grey in colour, and crystalline in form, camphor does not only have a pleasant odour, but it also offers versatile physical properties – which usually depend on its species, origin, and other specific growing conditions.

Though camphor is commonly produced by the distillation of bark and wood of the camphor tree, it can also be manufactured synthetically; carrying out the synthesis of turpentine oil which is produced from rosin, kinleith, and pine wood among multiple other ingredients.

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Camphor is most commonly used in various healthcare products mainly due to its medicinal properties, and these products can be used as a treatment for cough, congestion, and other skin-related infections. Camphor is also used as an insecticide in food storages – a most commonly used traditional insecticide, especially in some countries across South Asia.

Furthermore, camphor oil is also one of the popular remedies for improving digestion, metabolism, and excretion processes. Being an FDA-approved chemical, camphor is gaining immense demand in most of the medicinal, healthcare products, which is predominantly driving growth of the camphor market.

Pharmaceuticals Industry will Create Lucrative Opportunities for Camphor Market Players

The global market for camphor is highly characterised with its association with a wide range of end-use industries. However, the pharmaceuticals industry is expected to account for a significant share in the increasing global demand for camphor. Especially in cough-related remedial products, such as vapour rub and ointments, camphor has witnessed complete acceptance from the healthcare and pharmaceuticals industry.

Furthermore, the pharmaceuticals industry is also accepting camphor oil as an integral ingredient in natural skincare products, as camphor oil can be positively used in the treatment of various skin-related infections. Its use in muscle relaxant ointments is also opening a new window of opportunities for stakeholders in the camphor market.

In the coming years, leading players are likely to focus on expanding the target audience in a vast range of industries, and capitalize on the growing acceptance for camphor in most of the pharmaceutical and healthcare industries across the world.

Potential Impact of the COVID-19 Pandemic on the Supply of Pharma-grade Camphor

Though the global outbreak of the novel coronavirus has instigated a global lockdown, camphor market may continue to witness high demand in the coming years.

Growing awareness about the medical properties of camphor that treat cough-related infections is triggering the use of camphor oil and tablets as a traditional and natural remedy to prevent the coronavirus infection. However, as most of the industrial activities have slowed down, this may be a negative impact on the production of pharma-grade camphor, and this may influence the growth dynamics of the global camphor market in the coming years.

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Camphor Market: Region-wise Analysis

The global market for camphor is divided into seven geographical segments – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. The Asia Pacific region is expected to account for a significant revenue share in the global camphor market, mainly accounting for the use of camphor in a variety of traditional medicinal products.

As camphor is among the most commonly used household goods, leading manufacturers are aiming to maintain a healthy demand-supply balance in the Asia Pacific region, in the coming years.

North America is also emerging as a profitable regional market for camphor manufacturers, distributors, and other stakeholders. A mounting number of end-use industries are moving to replacing chemicals with camphor to avail its natural, medicinal properties, in order to sync with the consumer demand for ‘all natural’ products.

As a result, leading players in the global camphor market will witness a burgeoning demand from the end-use industries situated in the North American region, in the foreseeable future.

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Camphor Market: Competitive Landscape

  • Beijing Herbal Health Biotech LLC,
  • Taiwan Tekho Camphor Co., Ltd
  • Indukern Internacional
  • Saptagir Camphor Ltd.
  • Camphor and Allied Products ltd.
  • Hunan Nutramax Inc.

The global camphor market witnesses intense competition, while leading players are aiming to gain a competitive edge by introducing a price differentiation. This makes it a price sensitive market, leaving very little or no scope for market players to introduce product differentiation.

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Tumble Dryer Market is expected to reach US$ 20.14 Bn in 2032 and is likely to surge at a CAGR of 2.6% during the forecast period of 2022 – 2032 | FMI

The tumble dryer market is expected to reach US$ 20.14 Bn in 2032 and is likely to surge at a CAGR of 2.6% during the forecast period of 2022 – 2032

This Tumble Dryer market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Tumble Dryer market.

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Global Tumble Dryer Market Outlook

The global home appliances market is experiencing steady growth at a CAGR of 2.6% at a CAGR of 2.6%. Reasons for the growth are growing middle-class economy, improved disposable income levels in developing countries, increase in labor costs, busy lifestyles and the availability of a range of home appliances at competitive prices. With the boom of digitalization, consumers have become tech-savvy and have strong knowledge regarding the use and benefits of all modern appliances. Since 2012, number of smart appliances introduced in the market has increased. Having smart appliances at home has become the trend and status symbol for the consumers. The emergence of smart homes is helping the creation of being connected to the end-user’s smartphone and monitored remotely. Tumble Dryer is a very popular product in home appliances market and usage in different countries are increasing.

Global Tumble Dryer Market: Reasons for Covering this Title

Tumble Dryer is very popular product in the market and the growing need for energy-efficient electric dryers is one of the primary reasons for the growth prospects of dryer market. In recent years, consumers are opting for energy saving dryers that can help them to prevent energy wastage and save money on utility bills and this is leading the manufacturers to introduce many energy-efficient dryers in the market. There are few feature that allows warm air to pass directly through the load and speeds up the drying process which significantly reduces energy usage. There are modern energy-efficient dryers that comes with moisture sensor bars that measure the dampness level of the load, which prevents over-drying and energy wastage. Moreover, government authorities are offering rebates on ENERGY STAR certified tumble dryers, which is leading to increase in adoption over the next few years.

Global Tumble Dryers Market: Key Players

Some of the key players operating in the global Tumble Dryers market are Alliance, American Dryer, Pellerin Milnor, Miele Professional, Electrolux Professional, Maytag, Dexter Laundry, GIRBAU, Schulthess, Renzacci, Haier, Samsung, LG, Danube, ASKO and Whirlpool among others.

Tumble Dryers Market: Key Trends

  • Manufacturers are strategizing on energy saving technologies where they are coming up with new technology called Heat Pump Tumble Dryer
  • The trend towards condenser dryers is continuing with the rise in sales rising. As they are more convenient to install than vented and consumers are more likely to adopt and buy
  • Modern electric dryers offer innovative features that can change the future of the appliance in the market. Players such as LG and Whirlpool are offering features which help the consumer monitor and control the machine with their smartphones

Tumble Dryers Market: Key Developments

  • In 2016, total sales of home appliances is up by 9% to with widespread promotional activity of all categories. Tumble dryers has recorded the greatest percentage uplift over the year and value sales improved by 12%
  • In 2016, Whirlpool came up with the washer dryer set with ultra-noise reduction technology

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Opportunities for Tumble Dryers Market Participants

Over the past couple of years, industrialization has been surging at a significant rate in various parts of the world specifically in the Asia Pacific region. Consumers are more attracted towards new technologies and western culture and due to which there is lot of opportunity for the manufacturers to bring in the change. They are keen in saving electricity. This one critical factor paves a critical opportunity for Tumble Dryer Market to gain traction among its target segment over the forecast period.

Brief Approach to Research for Tumble Dryers Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature and formats covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Tumble Dryer Market sizes.

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Smart Locks Market is expected to grow at a CAGR of 18% by 2030, when it is expected to be worth US$ 14.9 billion

Currently valued at US$ 2.3 billion, the smart locks market is expected to grow at a CAGR of 18% from 2020 to 2030, when it is expected to be worth US$ 14.9 billion.
Residential owners’ attraction to not having to carry around mechanical keys is predicted to result in a spike in smart lock sales.

The demand for smart locks is increasing globally due to the advantages of smart home architecture, including seamless connectivity, voice control, and remote access.

Examples of communication technologies driving demand for smart locks include Wi-Fi, Z-Wave, ZigBee, Thread, and Propriety. All of these technologies are occasionally merged into a single device.

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The overall sales of smart locks in these areas have been assisted by elements like the capacity to monitor the security of the premises and secure and simple control of numerous entry points through remote access.

The same capability is encouraging several stakeholders to invest sizeable money, which in turn is increasing the market share for smart locks.

The need for smart locks grows as more hotels decide to upgrade the security of their buildings by replacing RFID locks that can be opened with IC cards with Bluetooth or Wi-Fi locks.
The new smart lock, which is targeted at enterprises and office spaces, has a lot of potential for growth and as many consumers as possible, therefore sales of smart locks are expected to increase.

Due to the necessity for greater safety, management has been forced to streamline the process for authorised users to unlock doors, which has accelerated sales of smart locks.

A new biometric smart lock from U-tec, for instance, is anticipated to be released and is intended exclusively for use in office doors, which would probably increase demand for smart locks.
Another significant factor believed to be boosting the sales of smart locks is the Internet of Things (IoT), which is the networking of smart electronic devices or things to exchange data signals without the need for human involvement.

What Causes Fluctuations in the Smart Locks Market?

The market for smart locks is currently anticipated to be largest in North America.
A favourable regulatory framework has been created for the sales of smart locks as a result of the region’s high consumer buying power and growing security concerns, particularly in critical infrastructure and residential applications.

Sales of smart locks are also anticipated to increase as a result of the leading players’ growth into new markets, particularly in European nations, and the techniques they’ve implemented to increase their market shares.

The Asia-Pacific region, particularly in nations like India, China, and Japan, is predicted to experience the smart locks market’s highest growth.

A rise in residential and commercial construction projects as well as ongoing smart city initiatives in developing nations like India are to blame for the huge increase in demand for smart locks in the Asia-Pacific region.

Additionally, the region’s adoption of smart homes has grown dramatically, and this is helping to improve awareness of cutting-edge devices and technologies in the Asia-Pacific smart locks market.
Due to a slowing global economy in these areas, it is expected that the market for smart locks would grow steadily in other parts of the world.

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Who are the Major Players in the Smart Locks Market?

  • Among many others, AT&T Intellectual Property, Comcast, Lowe’s Companies, Inc., Staples, Inc., UniKey Technologies, Inc., Yale Real Living, MIWA Lock Co., and HAVEN are some of the companies that compete in the global market for smart locks.
  • The market for smart locks is consolidated since it is still in its early stages, with few adoptions occurring globally and businesses competing to gain market share.
  • The market for smart locks provides smart lock providers with a number of growth prospects due to the rising need for home and building security.
  • As a result, industry participants in smart locks are continuously coming up with new items to offer in order to capture the largest possible share of the smart locks market.

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Restaurant Takeout Market is expected to reach US$ 4,024.9 billion in 2032 from US$ 2,199.4 Billion in 2022

The restaurant takeout market is expected to reach US$ 4,024.9 billion in 2032 from US$ 2,199.4 Billion in 2022, with a CAGR of 8.3% from 2022 to 2032.

The global impact of the Covid-19 pandemic may have accelerated restaurant takeout market growth, but what made it possible has been the recent proliferation of delivery models and fleet types: delivery from the store, curbside pickup, delivery from robotic warehouses, and so on.

With all restaurant takeout market opportunity comes a lot of competition, so restaurants, grocers, and other food providers must stay on top of what’s going on in the restaurant takeout market.

Increased urbanisation, increased internet usage worldwide, expansion of fast-food chains, and increased household restaurant takeout expenditure have all contributed to the restaurant takeout market growth along with restaurant takeout market key trends and opportunities.

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Emerging multicultural populations, increased use of online media, online market place convenience, and restaurant takeout market consolidation are some of the restaurant takeout market adoption trends and restaurant takeout market future trends.

Barriers to entry into the restaurant takeout market are due to high logistical complexities, as well as the time-consuming development and implementation of systems that accept orders online, which are among the major challenges in the restaurant takeout market and restaurant takeout market key trends and opportunities.

For newcomers to the restaurant takeout market, getting things up and running can be very costly and time-consuming, which influences the emerging trends in the restaurant takeout market.

Key Takeaways:

  • Europe has a restaurant takeout market share of 19.7% in the restaurant takeout market.
  • The independent foodservice segment of the restaurant takeout market has the largest market share of 62.5% in the business type category through 2032.
  • East Asia has a restaurant takeout market share of 31.2% in the restaurant takeout market.
  • The platform-to-consumer segment of the restaurant takeout market is expected to outperform the purchase model category through 2032.
  • North America has a restaurant takeout market share of 23.3% in the restaurant takeout market.
  • Latin America has a restaurant takeout market share of 8.9% in the restaurant takeout market.
  • The restaurant takeout market is dominated by South Asia, with a share of 11.3%.

Competitive Landscape:

New market research report on restaurant takeout shows that the legacy players in the restaurant takeout market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the restaurant takeout market key trends & opportunities.

The restaurant takeout market is dominated by Denny’s, Bob Evans, Biscuitville, Another Broken Egg Café, The Original Pancake House,               First Watch, Village Inn, Huddle House, Perkins, Manchu Wok, HuHot Mongolian Grill, Mama Fu’s, Panda Express, Spaghetti Warehouse, Fazoli’s,appadeaux Seafood Kitchen.

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Recent Development in the Restaurant Takeout Market:

  • In partnership with Beyond Meat, KFC (Yum! Brands, Inc.) became the first national U.S. quick service restaurant to test plant-based chicken in 2019. In collaboration with Beyond Meat, KFC introduced “Beyond Fried Chicken,” a plant-based chicken that debuted in a limited test series.
  • In 2019, Dubai retailer Marka announced the opening of its first Deli Kitchen Restaurant in Dubai’s Design District, with the goal of providing free delivery to the Design District’s offices via WhatsApp ordering.
  • Google announced in July 2020 that it had begun testing food delivery services in India, allowing customers to place orders directly through Google’s search engine. Dunzo, a third-party platform in the process of upgrading its systems, is expected to deliver. The feature is already available in the United States at orderfood.google.com, and users can use voice assistants to place orders.

Key Segments

By Meal Type:

  • Breakfast
  • Brunch
  • Lunch
  • High Tea
  • Dinner

By Nature:

  • Vegetarian
  • Non Vegetarian
  • Vegan

By Payment Type:

  • Cash
  • Debit Cards
  • Credit Cards
  • Digital Wallets
  • Electronic Bank Transfers

By Business Type:

  • Chained Foodservice
  • Independent Foodservice

By Purchase Model:

  • Direct-To-Consumer
  • Platform-To-Consumer

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa
  • Emerging Countries

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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.

Contact:

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Induction Hob Market is expected to record a CAGR of 9% during the forecast period from 2022 to 2032 | FMI

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Induction Hob Market Global Industry Analysis,Forecast. The global induction hob market is expected to garner a market value of US$ 19 Million in 2022 and is expected to record a CAGR of 9% during the forecast period from 2022 to 2032. The market is likely to secure around US$ 44 Million by 2032.

Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

The team of researchers at Future Market Insights are focussing on research and market study to produce different Induction Hob Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Induction Hob Market.

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Key Players

Global Induction Hob Market key vendors include :

  • Toshiba
  • Haier
  • Gree Electric Appliances
  • SMEG
  • Whirlpool
  • Mitsubishi Electric
  • Daikin Industries

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Segmentation

The Induction Hob market is segmented into application, form, end use industry, source and geography.

On the basis of types, the global Induction Hob Market has been segmented as –

  • Free standing & portable cooktops
  • Built-in cooktops

On the basis of application, the global Induction Hob Market has been segmented as –

  • Household
  • Commercial

On the basis of the distribution channel, the global Induction Hob Market has been segmented as –

  • Direct
  • Indirect
    • Hypermarket/Supermarket
    • Specialty Stores
    • Independent Stores
    • Online Store
    • Others

Regional Segments Analyzed Include

  • 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, S. Africa, N. Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

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Reasons to Buy the report

  • We provide authentic and detailed analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.

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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.

Contact:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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Floor Lamps Market is currently valued at US$ 33.42 Bn and is likely to reach US$ 92.68 Bn by 2032 | FMI

Floor Lamp market displays a significant growth rate in the market as the consumers are shifting towards modern technologies such as LEDs and CFLs that save energy and are highly-efficient alternatives of the bulbs. Benefits of the floor lamp are extended durability, efficiency, and reliability, which are also the reasons of rising adoption. The floor lamps market is likely to record a promising CAGR 12% during the forecast period. The floor lamps market is currently valued at US$ 33.42 Bn and is likely to reach US$ 92.68 Bn by 2032.

High energy consumption costs of normal bulbs as compared to LED floor  lamps act as a restraint for this industry. Halogen and fluorescent bulbs produce more heat and thus result in more energy consumption. Floor lamps LED  utilize 90% less energy and last approximately 15 times longer than the halogen bulbs.

Floor lamps are one of the trendiest and liked by the consumers as they are simple and convenient to add extra illumination to any room. These can be placed almost anywhere and easily moved around in the room. The biggest advantage of them are not attached to some place of the room, so they can be easily repositioned any time you need it.

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Global Floor Lamps Market: Reasons for Covering this Title

Global demand for home décor product is growing due to the improvement in the living standards of consumers. Floor lamp is trending these days as it gives a classy look in the living room as well as they are coming with new technology of LED lighting edition with different LED colors which suits and matches the room décor.

There has been a continuous adoption of latest bulbs and lighting’s in the commercial and Industrial Arena on account of technological advancements and improvements in lamps, bulbs, and other lighting products. One of the most desirable features in lighting products is durability or longer life span. Therefore, market players are investing extensively on research and development and trying to develop products with higher lifespan

Global Floor Lamps Market: Key Players

Some of the key players operating in the global Floor Lamps market are GUANYA, YLighting, Philips, AOZZO, Matsushita Electric (China) Co., Ltd., OPPLE, IKEA, Zhongshan Huayi Lighting, Guangdong PAK Corporation among others.

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Floor Lamps Market: Key Trends

  • Arc lamps are gaining an edge over other floor lamps. The prevalence of arc lamps in living rooms is due to the popularity of sectional sofas, and partly for the mid-century modern look
  • The greater push towards the green in consumer’s lives has led to more energy conscious lighting choices such as LED floor lamps
  • Antique finishes along with polished nickel and copper are gaining popularity. Metal, glass, and crystal are liked by consumers for the bases of Floor Lamps

Floor Lamps Market: Key Developments

  • The growing use of energy efficient light bulbs is synonymous with going green and high tech LED bulbs are at the forefront of this quiet revolution in Floor lamps
  • Floor lamps with LED lighting coming with wide range of LED color which is enhancing the usage as consumers are interested in buying these which matches the room decor

Opportunities for Floor Lamps Market Participants

Technology is making life more efficient, high-efficiency products are being produced for the same goal. Manufacturers are trying to maximize the energy savings and make products more energy efficient for Floor Lamps. With new technological advances, highly efficient products are obtaining these standards in a wide variety of wattages.

The result of these advanced floor lamps will benefit installers and consumers with their ease and affordability. Manufactures are working to achieve a warm light with this new advancement in LED lighting technology, by finding the right color temperature and Color Rendering Index balance for better lighting for Floor Lamps. Manufacturers are keeping in mind factors like height, price, shades and materials used for floor lamps.

The materials used in constructing traditional floor stand lamps vary widely and includes metal, wood and rattan. Most contemporary floor lamps are made from nickel, silver, bronze, steel and metal alloys as they are moving in market.

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Brief Approach to Research for Floor Lamps Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period.

The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Floor Lamps Market sizes.

Global Floor Lamps Market: Market Segmentation 

On the basis of types, the global Floor Lamps Market has been segmented as –

  • Arc Floor Lamps
  • Modern Floor Lamps
  • Rustic Floor Lamps
  • Classic Floor Lamps
  • Console Floor Lamps
  • Torchiere Floor Lamps
  • Tree Floor Lamps
  • Industrial Floor Lamps

On the basis of application, the global Floor Lamps Market has been segmented as –

  • Household
  • Commercial
  • Industrial

On the basis of the distribution channel, the global Floor Lamps Market has been segmented as –

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Independent Stores
  • Online Store
  • Others

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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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Future Market Insights Inc.
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