Aircraft Refueling Hose Market is projected to expand between 4.0% and 6.0% CAGR during the Forecast 2021-2026

According to latest research, the aircraft refueling hose market is projected to expand between 4.0% and 6.0% CAGR during the 2020-2026 assessment period. An aircraft refueling hose is used for fuelling and defueling purposes of private and commercial aircraft.

It handles jet fuel along with higher grade aromatic aviation gasoline. The ability of these systems to easily refuel aircraft in land and air during flight journey coupled with a considerable reduction in flight journey downtime significantly supports the industry size expansion over the projected timeframe.

Moreover, advancements in materials along with superior fire resistance capabilities are few major innovations in aircraft refueling hoses, contributing to the increasing segment share.

What is Driving Demand for Aircraft refueling hose

Growing demand for advanced refuellers and sales is driving the aircraft refueling hose market over the study timeframe.

Availability of wide range of built-in hose assembly with different diameter will further support the business growth.

Stringent government regulations across the globe mandating periodic maintenance of products and replacements of old products not meeting the standards are supporting the revenue generation process.

Developments in tourism sector and parallel rise in disposable income are some of the key influencing factors boosting the industry growth of commercial aircraft.

The proliferation of economical aircrafts providing affordable air travel networks across multiple countries is expected to uplift the refueling hose market growth over the time period.

In addition, airliners are constantly enhancing their aircraft portfolio in order to cater the growing air passenger traffic. In 2019, for instance, Azul airlines (Brazil) announced the up gradation of its aircraft fleet with new orders of Embraer 195-E2 aircraft and Airbus A320neo.

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Growing tourism sector and air travel to drive the commercial aviation

Increase in the tourism industry across the globe to benefit the demand for commercial aircrafts and ultimately rise the demand for aircraft refueling hose. Helicopters will showcase a considerable growth in the market size on account of the rising prevalence for Helicopter In-Flight Refueling (HIFR) systems.

Upsurge in the tourism industry is significantly contributing to the growing demand for helicopters.

Moreover, increased applications of helicopters in several industries, including oil & gas and mining, along with the installation of refueling hoses for increased reliability and higher fuel flow assurance will further propel the market size till 2031.

Europe Aircraft refueling hose demand outlook

The Europe market size will grow significantly due to the rising air travel across the region.

The proliferating air passenger traffic owing to the rising demand for low-cost air carriers along with improving tourism sector will further expand the regional share over the forecasted period.

Airliners across the region are focusing on expanding their aircraft fleet for catering to the rising air passenger traffic.

For instance, in 2017, Surf Air announced the expansion of its network routes and business aircraft fleet with innovative, low-cost, and subscription-based all-you-can-fly-model to target a wide air travelling customer base.

North America Demand Outlook for Aircraft refueling hose

North America will account for a significant share in the aircraft refueling hose market size.

The massive defense budget along with the rising air passenger travels are some of the major factors supporting the regional growth.

For instance, the U.S. Pentagon has proposed a defense budget amount to USD 718 billion for FY 2020. Moreover, Canada defense expenditure accounted for around USD 16 billion in 2018, positively influencing the regional share over the study timeframe.

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Who are the Key Manufacturers and Suppliers of Aircraft refueling Hose

Some of the leading manufacturers and suppliers include

  • A.E.R.O. Aviaion Hose Shop,
  • Aljac Fuelling Components Ltd.,
  • APACHE,
  • Becker & Associates,
  • Cobham Mission Systems Wimborne Limited,
  • Coxreels, Delafield Corporation,
  • Eaton,
  • Elaflex hiby GmbH & Co. KG,
  • Husky Corporation,
  • IVG Colbachini S.p.A,
  • JGB Enterprises, Inc.,
  • Parker Hannifin corp,
  • Pear Hose corp,
  • ContiTech AG,
  • OGCF Engineering (M) Sdn Bhd,
  • Herber Aircraft Service, Inc.,
  • and Hannay Reels Inc.
  • among others.

Several key market participants are focusing on new & innovative product development to cater the growing demand from the end use sector.

Key players are investing an enormous amount in research and development to introduce new products and they are also investing to manufacture products in a sustainable way, to decrease the carbon emission.

Key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale.

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.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments

By product Type

  • Stainless steel Hose
  • Composite Hose
  • Rubber Hose

By sales channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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By Application

  • Helicopters
  • Military aircraft
  • Unmanned air vehicle
  • Commercial aircraft
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Europe
    • Germany
    • Italy
    • France
    • U.K
    • Spain
    • BENELUX
    • Russia
    • Rest of Europe
  • South Asia
    • India
    • Asian
    • Australia & New Zealand
  • East Asia
    • China
    • Japan
    • South Korea
  • Middle East and Africa
    • GCC Countries
    • Turkey
    • S. Africa
    • Northern Africa
    • Rest of MEA

Car Rental Service Market Sales are forecast to grow at a 7.2% CAGR, pushing the market size to US$ 134 Billion in 2021.

Newly released data by Future Market Insights (FMI) shows that the global car rental services market is expected to reach a valuation of US$ 134 Bn in 2021. Growing popularity of ride-sharing services is expected to augment the growth of the market, pushing sales at a 7.2% CAGR over the assessment period.

Subscription models are increasingly gaining  traction among consumers as they are cost-effective and offer more convenience. Driven by this, various OEMs are entering the market with improved service offerings, which is expected to augment the growth of the market.

Further, players are aiming to improve their present working models, while utilizing their abilities in fleet management and existing public fleet presence to gain a competitive advantage.

Vehicle subscriptions are expected to entice customers who may not represent conventional customer profiles for OEMs. For example, few extravagant OEMs are trying membership models widen their customer base.

Moreover, the car subscription model permits customers to maintain a strategic distance from upfront capital necessities and long-term contracts related with buying or renting. It also allows consumers to access comfort and adaptability with the “all-in” month-to-month expense and responsibility.

“Growing preference for economic cars and rise-sharing services, coupled with subscription models offered by market players will continue fueling growth of the market over the assessment period,” says an FMI analyst.

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Key Takeaways:

  • Based on car type, demand for economy cars is expected to surge at a considerable pace over the forecast period.
  • In terms of end use, the on-airport segment is projected to remain dominant through 2031.
  • Sales in the mobile application segment are forecast to continue gaining traction over the forecast period.
  • The U.S. is expected to dominate the North America market owing to the presence of key market players and increasing preference for ride-sharing services.
  • Demand in the U.K. is expected to remain high due to growing prevalence of medical tourism in the country.

Competition Landscape

Some of the key players operating in the car rental services market are Enterprise Holdings Inc., The Hertz Corporation, Avis Budget Group, Europcar Group, Carzonrent, Sixt SE, AI Futtaim Group, Localiza-Rent A Car, Eco Rent A Car, and GlobalCARS among others.

Leading players operating in the market are offering services aligned with consumers’ expectations to gain a competitive edge in the market. Besides this, players are investing in mergers, acquisitions and collaborations to strengthen their footprint in the market. For instance:

  • In January 2020, Localiza Rent A Car SA had been ranked 7th place in customer service – EXAME / IBRC (Ibero-Brazilian Institute for Customer Relations)
  • In 2019, Enterprise Holdings, Inc. had acquired Romsey-based car rental company, SHB Hire Ltd. The latter operates a fleet of over 18,500 commercial vehicles and this acquisition would help the company to form one of the largest U.K. commercial vehicle rental business.
  • In 2019, Hertz Global Holdings and Air France jointly launched Hertz DriveU, which had designed to meet all customer transportation needs.

Car Rental Services Market by Category

By Car Type:

  • Economy Cars
  • Compact Cars
  • Intermediate Cars
  • Premium Cars
  • Luxury Cars
  • Others

 By End Use:

  • Intercity
  • Intracity
  • On-Airport
  • Others

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By Consumer Type:

  • Business
  • Leisure

By Booking Mode:

  • Offline Access
  • Mobile Application
  • Other Internet Access

By Sector:

  • Organized
  • Unorganized

By Region:       

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Antimicrobial Additives Market is anticipated to expand at a promising CAGR of more than 9% during the forecast 2021 – 2025

Future Market Insights (FMI) delivers key insights on the Global Antimicrobial Additives Market in its upcoming report titled “Antimicrobial Additives Market: Global Industry Analysis and Opportunity Assessment 2015–2025”.The global antimicrobial additives market is projected to expand at a healthy CAGR of 8.0% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

The benefits offered by antimicrobial products include quality enhancement of equipment/materials in terms of resistance towards microbial growth, improved product performance, and durability. Preference towards hygieneic and disposable products and increasing health awareness are other key factors fuelling demand.

Some antimicrobial additives are hazardous to the environment when disposed. Research initiatives by environmental institutions suggest that anti-bacterial chemicals constitute a significant portion of soil and water contaminants. The issue of safe disposal and harmful effects of these additives on the eco-system is identified as a restraining factor for the growth of the global antimicrobial additives market.

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Use of antimicrobial additives in healthcare products, such as medical devices and disposable hygiene products is identified as one of the key trends in the market. Stringent environment regulations have prompted antimicrobial additives manufacturers to innovate and launch new compositions in order to meet the safe disposal and anti-bacterial properties criterion.

On the basis of applications, the antimicrobial additives market is segmented into paints and coatings, inks, paper, plastics, fabric/textile, silicone and rubber, and other applications. On the basis of the end use industry, the antimicrobial additives market is segmented into building and construction, healthcare, automotive, electronics, food and beverages and other end-use industries. On the basis of regions, the global antimicrobial additives market is segmented into seven key regions, including Asia Pacific, North America, Western Europe, Eastern Europe, Latin America, the Middle East and Africa and Japan.

Browse Full: “Antimicrobial Additives Market: Global Industry Analysis and Opportunity Assessment 2015–2025” Market Research Report at https://www.futuremarketinsights.com/reports/global-antimicrobial-additives-market

As of 2014, the plastics application was the largest segment in the global antimicrobial additives market, followed by paints and coatings, and textile. The plastics application segment is projected to remain the largest segment throughout the forecast period, corresponding to incremental $ opportunity of US$ 2,954 Mn between 2015 and 2025.

As of 2014, food and beverages was the largest end-use industry segment in the global antimicrobial additives market, followed by healthcare. Both these segments are expected to offer similar incremental $ opportunity for the antimicrobial additive manufacturers during the forecast period.

As of 2014, Asia Pacific excluding Japan (APEJ) accounted for the largest market value share of the global antimicrobial additives market, followed by Western Europe, North America and other regions. Developing regions including APEJ, Eastern Europe, Latin America and the Middle East & Africa collectively accounted for more than 50% share of the overall market in 2014 and are further expected to gain market share by 2025. The BRICS antimicrobial additives market is projected to account for a significant share of the overall market by the end of forecast period and is anticipated to expand at a promising CAGR of more than 9% during the forecast period.

Some of the key players in the antimicrobial additives market that have been covered in this study include

  • AkzoNobel N.V.
    BASF SE
  • The Dow Chemical Company
  • Sanitized AG
  • SteriTouch Ltd.
  • BioCote Ltd.
  • Life Material Technologies Ltd.
  • Momentive Performance Material Inc.
  • Clariant Chemicals India Ltd. and Nanobiomatters Industries S.L.

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Key Segments Covered

On the basis of applications, the antimicrobial additives market is segmented into:

  • Paints and coatings
  • Inks
  • Paper
  • Plastics
  • Fabric / textile
  • Silicone and rubber
  • Other applications

On the basis of end use industry, the antimicrobial additives market is segmented into:

  • Building and construction
  • Healthcare
  • Automotive
  • Electronics
  • Food and beverages
  • Other end use industries

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On the basis of regions, the global antimicrobial additives market is segmented into:

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

Biostimulants Market is projected to exhibit a CAGR of 11% over the forecast period (2021-2029)

The consumption of biostimulants is rapidly gaining pace across all agrarian countries around the world as a preferred crop growth enhancer that is free from any synthetic ingredients and objectionable side effects. The product has been provided on a high commercial scale by tier-1 global scale market players as well as regional and domestic enterprises. The growth of organic-based farm products has also envisaged the use of biostimulants to a healthy extent.

The global biostimulants market was valued at US$ 2.3 Bn in 2019, and is projected to exhibit a CAGR of 11% over the forecast period (2019-2029).

Key Takeaways from Global Biostimulants Market Study

  • The acid-based active ingredient type of biostimulants is commonly used by a majority of agricultural professionals for row crops as well as for other types. However, in wake of continued product innovations, newer types for microbial growth amendment, minerals tracing, etc., are more likely to be sought by end users.
  • Horticulture-base crop produce to foresee a boost in consumption of biostimulants, as these crops are more prone towards microbial reactions. The development of diverse varieties/ grades of fruits and vegetables has involved a significant use of biostimulants
  • Product differentiation has been followed by leading manufacturers. This involves product branding and marketing, which was otherwise clubbed into the conventional category of crop fertilizers in earlier times, and resulted in low traction of biostimulant sales.
  • Europe has been an early adopter of biostimulants, owing to product development and compliance of eco-friendly initiatives as proposed by HSE (Health, Safety and Environment) management bodies. Over the due course of time, the region has emerged as the leading consumer of biostimulants, and will account for half of global sales in 2019.
  • However, with emerging markets such as India and China, the paradigm shift of growth is expected to be concentrated over East Asia over the forecast period.

“With growing preference of bio-based ingredients in agrochemicals and crop growth additives, as well as increasing agricultural and horticultural produce around the globe, the biostimulants market offers lucrative business opportunities to concerned market participants and interested stakeholders in the coming years.”

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Biostimulants Market: Competitive Landscape

The biostimulants market is highly competitive with a rich palette of global and regional players. Global players such as Valagro SPA, Koppert B.V., Syngenta, BASF SE, UPL Corporation Limited, Novozymes, Isagro SPA, and FMC Corporation have invested strategically in the biostimulants market, and have launched basic and premium grades at different pricing levels to increase their earnings and profit margins. This suggests that, major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with expansion of supply and distribution footprint via all possible trade channels, remains the key strategy for manufacturers to enhance business growth and capture new market opportunities.

South East Asia to Offer Lucrative Growth Opportunities

South East Asia is anticipated to hold a prominent share of the global biostimulants market, owing to the high per acre agricultural production rate as compared to other regions. Another key factor driving the growth of the biostimulants market in East Asia is the decrease of natural soil fertility due to environmental amendments, which has compelled agricultural professionals to infuse biostimulants in crop produce by themselves.

Looking for More Information?

The report on the biostimulants market published by Future Market Insights brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data of 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global biostimulants market based on various categories– crop (row crops, fruits and vegetables, turfs and ornamentals, and other crop types), active ingredient (acid-based, extract- based, and others) and application (soil, foliar, and seeds), across seven regions.

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BIOSTIMULANTS MARKET TAXONOMY

The global biostimulants market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Crop

  • Row Crops
  • Fruits & Vegetables
  • Turfs & Ornamentals
  • Other Crop Types

Application

  • Foliar
  • Soil
  • Seeds

Active Ingredient

  • Acid-based
  • Extract-based
  • Others (Including Microbial Amendments, Trace Minerals, etc.)

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Region

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

Diagnostic Exosome Biomarkers Market Size By Application, End-Use, Industry Analysis Report, Country Outlook, Application Potential, Forecast, 2021 – 2027

The fusion of plasma membrane with the internal vesicle fusion leads to the secretion of nanovescicles called exosomes into the extracellular environment. The exosomes are released in easily accessible body fluids such as urine and blood and hence acts as a precious source of biomedical tool. As cancer is a booming research area, exosomes may act as a very useful biomarkers for the diagnosis and prognosis of malignant tumor. The application of exosome as a potential biomarker for the various neurodegenerative disorders is also under investigation. All this is expected to create a new market where the industry payers can focus on new product developments. 

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Diagnostic Exosome Biomarkers Market: Drivers and Restraints

Exosomes are the biomimetic nanovectors for a variety of nucleic acid, chemicals and proteins. Exosome-encapsulated curcumin, delivered by the intranasal route is efficient in preventing brain inflammation, and specific gene silencing miRNAs enclosed in targeted exosomes and delivered systemically have shown promising therapeutic effects. Exosomes biomarkers fix in the ideal theranostic approach as they can act as biomarkers or vectors of therapeutic molecules. The theranostic approach is very prominent in personalized medicine where the individual is monitored and diagnosed for a particular mode of treatment. The exosome biomarkers also help in providing targeted drug delivery system thereby providing a very potential market.

Diagnostic Exosome Biomarkers Market: Overview

The extracellular vesicles called exosomes are sized around 100 nm in diameter, which are released from many different cell types. Exosomes are produced by different mechanism and hence differ from other class of extracellular vesicles and microvesicles that are different in size too. Exosomes contains a range of biomolecules including membrane-bound and soluble proteins, microRNA, lipids and noncoding RNA. Therefore exosomes are a good source of disease biomarkers for early diagnosis and/or prediction of disease progression.

Diagnostic Exosome Biomarkers Market: Region-wise Outlook

In terms of geography, diagnostic exosome biomarkers market has been divided into seven regions including North- America, Eastern Europe, Western Europe, Asia- Pacific excluding Japan, Japan Middle-East & Africa and Latin America. North America is expected to remain the dominating region while Asia Pacific is expected to emerge as a fastest growing region. In 2016, the National Institutes of Health is seeking grant applications for projects investigating the potential of exosomes and extracellular vesicles (EVs), as well as their cargo, as biomarkers for cancer risk assessment, detection, diagnosis, and prognosis. Such research funding and government support is expected to accelerate the growth of the diagnostic exosome biomarkers market.

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Diagnostic Exosome Biomarkers Market: Key Market Participants

The diagnostic exosome biomarker market players are expanding their laboratory capacities to fit in to the increasing demand. Exosome Diagnostics moved into its new ISO 13485certified facility, built for the company’s patented liquid-biopsy sample processing and analysis technologies.

Some of the diagnostic exosome biomarkers market participants are 101Bio, AMS Biotechnology Limited, BioRegenerative Sciences, Inc., Cell Guidance Systems LLC, Codiak BioSciences, Evomic Science LLC, ExoCyte Therapeutics Pte Ltd, Exosome Diagnostics, Inc, Exovita biosciences, Immune Therapy Holdings AB, Lonza Group, Norgen Biotek Corp., ReNeuron Group plc and Therapeutic Solutions International, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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.

Diagnostic Exosome Biomarkers Market: Segmentation 

On the basis of product type the diagnostic exosome biomarkers market can be segment as:

  • Reagents
  • Kits
  • Serum/Plasma Kits
  • Urine Kits
  • Software

On the basis of application the diagnostic exosome biomarkers market can be segment as:

  • Neurodegenerative disorders
  • Oncology
  • Metabolic disorders
  • Others

On the basis of end user the diagnostic exosome biomarkers market can be segment as:

  • Cancer Institute
  • Hospital
  • Diagnostic Center
  • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

Contact Lens Inspection Equipment Market Research Report: Key Drivers and Restraints, Opportunities, Industry Share & Trend Analysis Report to 2027

Automated contact lens inspection systems which consists of suitable light source, camera and image processing algorithms, for contact lenses defect inspection are gaining traction in terms of market growth owing to its ability to review the contact lens at production line with higher accuracy. The newly introduced software programs coupled with automated contract lens inspection systems are providing an user friendly platform with higher test versatility. In addition, in-house programs developed to cater the specific requirements is anticipate to fuel the growth of customized lens inspection systems. The automatic contact lens inspection systems are mostly preferable used in soft contact lens inspections. 

Ophthalmic product manufacturers have grown significantly from last few years in terms of research and development. Industrial inspection is a crucial part of manufacturing process for ophthalmic devices.  Contact lenses are produced by injecting monomer solution in to the mold and then separated from the mold after cured in the oven. Contact lenses shows number of manufacturing defects due to mechanical nature of separation form the mold and defects in molding process. Hence, the manufactured contract lens needs to be inspected for material safety, visual inspection for color, lens diameter, optical zone diameter, base curve radius, power, thickness, edge quality, performance testing before released in the market for sale. The inspection of all above parameters require lengthy time on production line environment.  As results, the ophthalmic product manufacturers have introduced an automated system which is used for contact lens inspection.

Contact Lens Inspection Equipment Market: Drivers and Restraints

Increasing demand for stable lens making process, proper handling of contact lenses during manufacturing process is promoting the growth of contact lens inspection equipment market. Automated contact lens inspection equipment have promoted controlled volume manufacturing process with minimum error rate. This has resulted increasing product (contract lens) quality with lesser production time. However, high maintenance cost and scare availability of spare parts especially in automated contact lens inspection equipment are expected to hinder the growth of contract lens inspection equipment market over the forecast period. Further, the higher cost of software and customized inspection equipment hampers the adoption of contact lens inspection equipment across small scale manufacturers.

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Contact Lens Inspection Equipment Market: Overview

Inspection of contact lenses at each point of manufacturing process is crucial requirement from manufacturer perspective. Contact lenses are examined under magnification for anomalies and other manufacturing defects. Automated contract lens inspection equipment comes handy in manufacturing process, as these equipment promote in line inspection with higher accuracy. Moreover, these equipment are capable of catering customized need of the manufacturers which provide more flexibility as compared to semi-automatic and inspection systems. Such machine vision inspection solutions are reducing human interventions in contact lens manufacturing operations which is providing tract to contact lens inspection equipment market.

Contact Lens Inspection Equipment Market: Regional Outlook

Geographically, global contact lens inspection equipment market is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America clearly dominates the global contact lens inspection equipment market due to strong investment in vision care industry led by contact lenses with more than 20% market share the in United States. Further, the commercial launches of new soft contact lens and enhancing physician training are likely to provide boost for contact lens manufacturing in Europe region. This results in increasing for contact lenses which will significantly enhance the need of Contact Lens Inspection Equipment in the region. The growing investment from small scale contact lens manufacturers in Asia Pacific region are expected to boost the growth of Contact Lens Inspection Equipment in Asia region.

Contact Lens Inspection Equipment Market: Key Players

Some of the players identified in global contact lens inspection equipment market include Rotlex, Optikos Corporation, Contact Lens Technologists Pte Limited, Optimec Limited, NEITZ INSTRUMENTS CO., LTD. , SPIE, Qioptiq, Qioptiq, Nexgen Optical, MA micro automation GmbH, among others.

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 geography, grade, form and applications.

The report covers exhaustive analysis on:

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

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Regional analysis includes

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

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.

 

Contact Lens Inspection Equipment Market: Segmentation 

Tentatively, global contact lens inspection equipment market has been segmented on the basis of product type, modality, end user and geography.

Based on product type, global contact lens inspection equipment market is segmented as below:

  • Manual Contact Lens Inspection Tool
  • Semiautomatic Contact Lens Inspection Systems
  • Fully Automatic Contact Lens Inspection Systems

Based on application, global contact lens inspection equipment market is segmented as below:

  • Disposable Contact Lens Inspection
  • Contact Lens Inside Plastic Container
  • Contact Lens Inside Molding
  • Dry Lens in the Shell
  • Color Contact Lens
  • Contact Lens Packaging Inspection
  • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Medical Drones Market Overview, Drivers and Restraints, Region Wise Outlook, Key Players, Segmentation And Forecast 2021 – 2027

Medical drones are the advanced version of unmanned aerial vehicles used for delivering medical necessity in the catastrophic or emergence areas from the medical facilities. Medical drones are in research and development phase and require new technological improvement to deliver packages efficiently with minimal time. With the increasing penetration of logistic services and retailer services, will also have a positive impact on medical drones market. Various established companies such as Google, Inc. and Amazon.com, Inc. are also involving in the medical drones market.

Medical drones are aerodynamic pods used for transporting medical supplies such as drugs, vaccines, and medical aids. Medical drones are developed for rapid and safe delivery of medical supplies in the remote or inaccessible areas and war torn areas from medical facilities. With the advancement in technology and cost cutting of medical drones have led to augmented adoption mainly by military and hospitals sectors. Medical drones are in continuous research and development phase for producing a novel product with high speed, and accuracy in delivery. Medial drones are operated manually or can be programmed to fly precise route, and are advantageous as they require no landing space and can drop packages from the lower fly. The ability of medical drones to fly over closed areas and without a crew is the reason for its high demand.

Medical Drones Market: Drivers and Restraints 

The growth of global medical drones market is generally driven by low cost of equipment and increasing research and development investment by government bodies are driving the growth of medical drones market. In addition, increasing penetration of medical drones in an emergency or catastrophic areas are boosting the market growth of medical drones. For instance, medical drones were adopted for delivering tele-medical packages to victims of mass casualty event held in Mississippi, U.S. However, product approval regulation have hindered commercialization of medical drones as they are not allowed to fly freely or without permission are hampering the growth of medical drones market. In addition, medical drones create risks including potential hazards and operation issues are other obstacles to the growth of medical drones market.

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Medical Drones Market: Region Wise Outlook

Geographically, medical drones market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The market in North America is anticipated to hold the largest share of medical drones in the global market, followed by Western Europe, owing to the presence of increasing research and development funding from the government and private bodies. In addition, the presence of formal rules and regulation applied by federal government and presence of highly sophisticated environment are also gardening the growth of medical drones market. The medical drones market in Asia- Pacific region and Japan are anticipated to grow at a higher rate owing to the improving healthcare facilities and increasing awareness about the benefits of medical drones in the catastrophic environment. However, the market for medical drones in regions such as Latin America, Eastern Europe, and Middle East and Africa are estimated to show a steady growth over the forecast period owing to the presence of highly fragmented distributors and scarcity of skilled professionals.

Medical Drones Market: Key Players

Some of the market participants in the global medical drones market are Zipline Inc., Flirtey, and Matternet.

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.

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

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.

 

Medical Drones Market: Segmentation 

The global medical drones market can be segmented on the basis of application, end-user, and region.

On the basis of application, global medical drones market can be segmented as:

  • Acute Care
  • Vaccination Programs
  • Blood bank Transferring
  • Drug/Pharmaceutical Transferring

On the basis of end-user, global medical drones market can be segmented as:

  • Government Organizations
  • Emergency Medical Services
  • Blood Banks

On the basis of region, global medical drones market can be segmented as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Blepharitis Treatment Market Overview, Dynamics, Region-wise Outlook, Key Players, Segments, Supply & Demand, Technology And Forecast To 2021-2027

Blepharitis is an ophthalmologic condition which is characterized by the inflammation of the eyelids which leads to eye irritation. The eyelids of the patient become inflamed near to the eye margin, and usually affects both eyes at the same time. Blepharitis treatment contributes to various other eye problems such as dry eye syndrome, itching, eyelid crusting, red and swollen eyes. It has been found that the prevalence of blepharitis increases with age. The disease can be caused due to bacterial eyelid infection, dry or sore eyes, fungal eyelid infection, and Meibomian gland dysfunction (MGD).

Blepharitis Treatment Market: DynamicsBlepharitis treatment market is a growing market which is driven by the rising incidence of ophthalmological disorders, such as dry eye, uveitis among others. The market is supported by the favourable government funding for ophthalmology research. Additionally, several factors contribute to the development of blepharitis treatment market such as the increasing demand for artificial tears which is widely available at low cost. Blepharitis disease is characterized by repeated disease history in several patients which are going to drive the market growth. In addition to this, it is a long term chronic condition. The increased use of artificial tears for treatment owing to ease of availability is also among the several factors which will fuel the growth of the blepharitis treatment market during the forecast period. 

However, there are several factors which restrict the growth of the blepharitis treatment market such as lack of awareness in the population regarding the disease. Blepharitis treatment market does not characterize any strict regulations by the government on the new drug development methods, inadequate reimbursement scenario in several regions for blepharitis treatment. There are various companies which are involved in blepharitis treatment however the entry of several domestic and regional players is restricted due to the high cost of research and development involved in new drug development.

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Blepharitis Treatment Market: Region-wise Outlook

Based on geography, the blepharitis treatment market can be segmented into seven major regions: North America, Latin America, Western Europe, Eastern Europe, and Asia-Pacific excluding Japan, Japan, and Middle East & Africa. At present, North America holds a leading position in the blepharitis treatment market followed by Europe. The major driving factors which have driven the growth of the blepharitis treatment market in this regions are the involvement of leading players in new product development and upgrading their existing products to enhance their product portfolios. The competitiveness among the major players in the North America region is expected to drive innovative products in the blepharitis treatment market. Following North America, European countries are also anticipated to show steady growth in the blepharitis treatment market. In the next few years, Asia-Pacific would show remarkable growth in the blepharitis treatment market as it is developing at a very rapid pace and has shown the emergence of many players. The factors which would fuel the growth of blepharitis treatment market in Asia-Pacific are rising prevalence of ophthalmological disorders, growing demand for healthcare facilities in emerging economies such as India and China, and multinational companies moving towards the developing nations and setting operational set-ups. Blepharitis treatment market would evolve at a rapid rate across the regions. However, North America would maintain its position in the overall blepharitis treatment market.

Blepharitis Treatment Market: Key Players

It is expected that with due course of time, there will be an influx of many players in the blepharitis treatment market. Some of the key players operating in the blepharitis treatment market are Scope Ophthalmics Ltd., NovaBay Pharmaceuticals, Inc., Thea Pharmaceuticals Limited, Perrigo Laboratories, among others. Blepharitis treatment market has the presence of many players, and many research institutes are involved in blepharitis treatment market.

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.

The report covers exhaustive analysis on:

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

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The 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
  • The 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, macroeconomic 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.

Blepharitis Treatment Market: Segmentation 

The initial steps by patients for blepharitis treatment include self-care, however, if the self-care measures are not effective medications are necessary. Blepharitis Treatment Market is segmented on the basis of the treatment methods, distribution channel and regions:

On the basis of various types of treatment options, the market is segmented into the following:

  • Artificial tears
  • Eye Cleansers
  • Antibiotic Therapy
  • Topical antibiotic therapy
  • Oral antibiotic therapy

On the basis of distribution channel the market is segmented into the following:

  • Pharmacies
  • Drug Store
  • Hypermarkets and Supermarkets
  • E-Commerce

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Industrial Air Compressor Market will register a CAGR of ~4.6% over the forecast period of 2021-2031

Increasing investments in mechanical equipment will pave the way for the expansion of the industrial air compressor market in the coming years. As per a Future Market Insights (FMI) analysis, the industrial air compressor market is projected to be valued at ~US$ 26.7 Bn in 2021.

The ongoing crisis caused by the COVID-19 pandemic has caused a severe impact on the global economy. It has resulted in complete shutdown of the supply chain networks and manufacturing activities. This has subsequently affected the industrial air compressor market, causing a significant drop in the growth. However, the industrial air compressor market is expected to recover as the economic activity resumes following the containment of the pandemic.

Manufacturers of industrial air compressors are focusing on the development of digitally controlled systems such as compression solutions with automation and digitalization. This in turn is expected to create positive growth prospects for the growth in demand for industrial air compressors.

Also, the consistently rising demand from the oil and gas sector will remain a key growth driver. According to the report, both oil & gas and automotive & transportation industries will account for maximum sales in the market through the forecast period. Expansion of these industries will therefore present attractive opportunities for growth in the near future.

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Key Takeaways from the Industrial Air Compressor Market Study

  • Industrial air compressor market will register a CAGR of ~4.6% over the forecast period of 2021-2031
  • Expansion of oil exploration activities have placed the U.S. as a chief market, which accounts for over 70% sales within North America
  • Improving production in the automotive sector will fuel demand in the U.K., enabling above 6% y-o-y growth in 2021 in terms of value
  • Application across diverse sectors will drive growth in industrial air compressor market in Germany and France
  • Rising demand for power generation will push growth in Japan and China

“The main catalyst behind the growing popularity of air compressors is the innovation that goes into newer models in the market. In economic downturns, sales of air compressors are less likely to witness significant gains in some of the world’s more developed markets. Nonetheless, the technology will always have thriving markets as long as there are developing countries are eager to compete with the industrialized world.” says a Future Market Insights analyst.

 

The industrial air compressor market is expected to be a high-opportunity market in the forecast period owing to increasing demand from various manufacturing and production industries as well as investments in oil & gas and power generation sectors, which are expected to drive the demand through the forecast period. Moreover, manufacturers are emphasizing on developing digitalized and customized products as per customer demands along with improved technology, life cycle, higher efficiency and less maintenance cost. These factors are expected to positively influence growth in demand for Industrial air compressors during the forecast period.

Competitive Landscape

The industrial air compressor market is highly consolidated, in which the leading players account for more than three fourths of the market share. The penetration of small regional players makes this market more competitive. Some of the key players in the market are Atlas Copco, Baker Hughes, Anest Iwata Corporation, General Electric, Hitachi Industrial Equipment Systems Co., Ingersoll Rand, Burckhardt, MAN SE, Siemens Energy AG, Ariel Corp., and Bauer Kompressoren GmbH, among others. These players have higher shares in the global market, and have longstanding relationships with a number of end users, giving them an upper hand over their peers.

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Industrial Air Compressor Market by Category

By Technology

  • Rotary
  • Reciprocating
  • Centrifugal
  • Axial

By Capacity

  • Upto 500 HP
  • 500 – 2000 HP
  • 2000 – 5000 HP
  • 5000 – 12000 HP
  • 12000 – 20000 HP
  • Above 20000 HP

By Compression Stage

  • Single Stage
  • Double Stage
  • Multistage

By Driver Type

  • Electric
  • Natural Gas
  • Fuel Driven

By End Use

  • Automotive and Transportation
  • Oil and Gas
  • Power Generation
  • Chemicals
  • Food and Beverages
  • Pharmaceuticals
  • Mining and Metals
  • Industrial Air Separation
  • Other manufacturing

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Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Robotic Vacuum Cleaners Market to Gain Over 75% of Revenue from In-house Robots Sales

As per a recent survey by FMI, the global robotic vacuum cleaners market is estimated to top US$ 3.5 Bn in 2021. Rapidly improving standard of living and growing working population across the U.S., China, Germany, and Japan is favoring the growth in the market.

Over the past assessment period, demand for robotic vacuum cleaners grew at 5.6% CAGR between 2016 and 2020. With increasing penetration of smart appliances, integrated with artificial intelligence (AI) and internet of things (IoT), sales are expected to burgeon. On account of this, the robotic vacuum cleaners market is projected to total US$ 13.7 Bn by 2031.

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In addition to this, with hectic lifestyle and time consuming household chores, demand for robotic vacuum cleaners among millennials is expected to propel. Against this backdrop, as per the study, the market is poised to expand at an impressive 14.5% CAGR during the forecast period 2021-2031.

As inclination towards automated home appliances is surging, numerous market players are launching novel products. For instance, iRobot Corp, a leading consumer robotics manufacturer, announced launching new Roomba iSeries robot vacuums – i3+ and i3 across India in 2021. A multiplicity of such product launches is estimated to rise the robotic vacuum cleaners sales by 3.9X through 2031.

Additionally, increasing use of robotic vacuum cleaners across commercial sector to clean pools, floors, lawns, and gutters has assisted the market to expand by 12.9% year-over-year growth in 2021.

Based on robot type, the in-house robot segment is anticipated to exhibit the fastest growth in the market, accounting for nearly 75.9% of the overall sales in 2021. Growing trend of smart homes and surging demand for automated devices to decrease human intervention for household tasks are driving the growth in the segment.

“Key manufacturers are emphasizing on developing more advanced products with innovative features such as laser vision, smartphone connectivity, self-charging, and ultraviolet (UV) sterilization by integrating cutting-edge technologies such as AI and IoT. This is expected to accelerate the growth in the market,” says a FMI analyst.

Key Takeaways from Robotic Vacuum Cleaners Market Study

  • The U.S. is projected to hold the lion’s share in the North America market, accounting for around 91.5% of the sales in the region by 2021.
  • The U.K. is forecast to remain a dominant market in Europe, expanding at a robust CAGR of 7.5% during the assessment period.
  • India is estimated to register a swift growth in the South Asia market, accounting for over 36.9% of the share in 2021.
  • South Korea and Japan are expected to account for 14.8% and 53.4% of revenue share in the East Asia robotic vacuum cleaners market through 2021.
  • On the basis of mode of charging, auto battery charging is anticipated to emerge as the most remunerative segment, accounting for 70.9% of the total sales in 2021.

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Key Drivers

  • Increasing application of outdoor robots for cleaning lawns, swimming pools, and cutting grass among others across the residential and commercial sectors is propelling the demand across the outdoor robots segment.
  • Growing inclination towards shopping via e-commerce platforms and rising availability of several local and international brand products such as Amazon, eBay, and Alibaba is fueling the sales in the online retailer segment.

Key Restraints

  • High initial cost and cost of maintenance of robotic vacuum cleaners is hindering the sales in the market.
  • High power consumption and shorter operational period of robotic vacuum cleaners are hampering the growth in the market.

Competitive Landscape

As per FMI, the leading players in the global market are Koninklijke Philips N. V, LG Electronics, Robert Bosch GmbH, Samsung Corporation and Dyson Ltd. These companies are estimated to collectively account for around 42% of the sales in 2021.

Top tier manufacturers focusing on intensive research and development (R&D) initiatives to introduce innovative products and services in the market to expand their product portfolio. Some of the players are aiming at strategic collaborations, partnership, mergers, and acquisitions to strengthen their global footprint. For instance,

  • In July 2021, Evocas Robotics, a Chinese technology company, announced launching four f Advance Robotic Vacuum Cleaners – DEEBOT U2 PRO, DEEBOT 500, DEEBOT OZMO T8, and DEEBOT OZMO 950 in India. These Vacuum Cleaners are incorporated with smart anti-collision technology called, Millimeter-level obstacle detection and avoidance. This will assist the company to expand their product portfolio and increase their market share.
  • In November 2019, iRobot Corp., an American technology company along with an American worldwide manufacturing services company, Jabil, Inc., announced has expanding their manufacturing operations in Malaysia. This will assist the companies to increasing the production and strengthen their footprint across Asia Pacific.

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Some of the key players operating in the market profiled by FMI are:

  • Koninklijke Philips N. V
  • LG Electronics
  • Robert Bosch GmbH
  • Samsung Corporation
  • Dyson Ltd.
  • iRobot Corporation
  • Panasonic Corporation
  • Xiaomi
  • ECOVACS
  • Proscenic
  • Neato Robotics, Inc.
  • Yujin Robot, Co., Ltd.
  • Hayward Industries, Inc.
  • Pentair plc
  • Milagrow Business & Knowledge Solutions (Pvt.) Limited.

More Valuable Insights on Robotic Vacuum Cleaners Market

The latest report by FMI provides a detailed analysis of the global robotic vacuum cleaners market, providing credible insights into key factor driving the market through 2021 and beyond. The study also disclosed growth projections on in robotic vacuum cleaners market with detailed segmentation:

By Robot Type:

  • Outdoor Robot
  • In-House Robot

By Mode of Charging:

  • Manual Charging
  • Auto-Battery Charging

By Sales Channel:

  • Direct Sales
  • Specialty Stores
  • Department Stores
  • Online Retailers
  • Other Sales Channel (Convenient Stores/Independent Stores)

By Region:

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

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Key Questions Covered in the Report

  • The report offers insight into robotic vacuum cleaners market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for robotic vacuum cleaners market between 2021 and 2031
  • Robotic vacuum cleaners market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Robotic vacuum cleaners market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others