Automotive Homologation Services Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2029

Homologation is a term utilized for approval process of vehicle or vehicle components for meeting the certain standards of regulatory bodies. Automotive Homologation Services is a part of automotive TIC (Testing, Inspection & Certification) which is essential for the specified vehicle or component to enter into novel market. Automotive homologation Services starts with initial assessment of the product which followed by various tests according to directives and standards along with preparation of technical reports in order to acquire final approval from the regulatory body. Increasing export activities by market participants such as OEM and suppliers into automotive homologation driven markets is the key growth factor for automotive homologation services market. European Automotive Homologation services market is estimated to hold prominent market share owing to stringent European homologation standards.

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Automotive Homologation Services Market: Drivers, Restraints and Opportunities

In the era of globalization, increasing industrial activities supports the anticipative foreign trade activities. Automotive homologation services are giving opportunity to exporters to entering into new markets to gain competitive advantage. Increasing foreign trade is anticipated to support the growth of automotive homologation services in the upcoming decade. Automotive and automotive component production is witnessing positive outlook backed by growing transportation need for human as well as goods. Positive momentum in the automotive & related component production are estimated to bolster the demand for automotive homologation services.

Automotive Homologation Services Market: Regional Outlook

The growing stringent automotive homologation regulations in Europe is anticipated to hold the leading market share in Automotive Homologation Services market. East Asia is expected to register lucrative growth marcher followed by the South Asia in the Automotive Homologation Services market owing to growing automotive production and export activities in the respective region. In East Asia, China followed by India and Indonesia are the notable emerge in Automotive Homologation Services market owing to the fact of increasing foreign trade activities in the region.

Automotive Homologation Services Market: Key Participants

Some of the key player involved in Automotive Homologation Services market are focusing on developing the services as per latest amendment of the regulation in order to create its dominance in the Automotive Homologation Services market. Some of the key participants identified in the global Automotive Homologation Services market are:

  • TÜV SÜD Group
  • Intertek Group PLC
  • EKRA SE
  • Applus Services S. A.
  • SGS Group
  • Bureau Veritas S.A.
  • Eurofins Scientific
  • Lloyd’s Register Group Limited
  • MISTRAS Group, Inc.
  • Formel D

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The Automotive Homologation Services report covers exhaustive analysis on:

  • Automotive Homologation Services Market Segments
  • Automotive Homologation Services Market Dynamics
  • Automotive Homologation Services Market Size
  • Supply & Demand of Automotive Homologation Services
  • Current Trends/Issues/Challenges in Automotive Homologation Services Market
  • Automotive Homologation Services Competition & Companies involved
  • Automotive Homologation Services Technology
  • Automotive Homologation Services Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
Automotive Homologation Services Market: Segmentation

The global Automotive Homologation Services market can be segmented on the basis of Sourcing Type, Vehicle Type, and Region.

On the basis of Sourcing Type, global Automotive Homologation Services market can be segmented as:

  • In House Services
  • Outsourced Services

On the basis of Vehicle Type, global Automotive Homologation Services market can be segmented as:

  • Motorcycle
  • Passenger Vehicles
  • Commercial Vehicles
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Trailers
  • Agricultural Equipment

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

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Aircraft Refueling Hose Market : Notable Developments & Geographical Outlook 2021 to 2031

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.

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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.

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.

Who are the Key Manufacturers and Suppliers of Aircraft refueling Hose

Some of the leading manufacturers and suppliers include

  • A.E.R.O. Aviation 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,

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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
Key Segments

By product Type

  • Stainless steel Hose
  • Composite Hose
  • Rubber Hose

By sales channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

By Application

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

By Region

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

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Marine Fender Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2029

This Marine Fender Analysis 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 Marine Fender Analysis market.

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Marine Fender Market: Introduction

Marine fender is a marine equipment used to protect boats, vessels and ships during the contact with docks and piers. These fenders are often known as marine bumpers. Marine fenders are significant because it protects vessels and other surfaces from damage. Marine fenders or the equipment is located in a structure or system in a way that head or hull of the ship remains protected in case of a collision. Marine fenders are employed at piers, docks, wharves as well as port structures. According to different functionalities and applications, marine fenders are available in different shapes.

Emergence of pneumatic marine fenders as low maintenance as well as low cost option to conventional marine fenders has been observed in recent years. With properties such as self-floating and enhanced durability these fenders have gained prominence in ship to berthing operations as well as ship to ship transfer operations. Owing to above mentioned factors, the demand for marine fenders is anticipated to witness significant growth thus contributing to the global marine fenders market during the forecast period.

Marine Fender Market: Dynamics

Recent developments such as blend of synthetic rubber with natural rubber has led to expedite a better ratio between reaction force and high energy absorption. These factors are anticipated to contribute towards marine fender market growth. Manufacturers in the global marine fender market are focused on improving the performance of new materials used in the manufacturing of marine fenders which influence energy absorption and hence the berthing forces. This is anticipated to result in growth of global marine fender market.

Marine Fender Market: Regional Outlook

East Asia is one of the significant regions in the global marine industry holding a prominent share in the global of the market. The market is anticipated to cultivate in Singapore with high rate. Growing maritime activities in South Korea and China is expected to create growth opportunities for the global marine fender market. In North America, U.S. is among the top ten shipping countries in the world, and is expected to witness fair growth in the global marine fender market. Owing to countries such as U.K. and Germany the European region will witness upsurge in the global marine fender market. In Middle East and Africa, countries such as U.A.E. is a hub for maritime activities, and hence an enormous fleet of ships as well as import export activities are anticipated to produce demand for marine fenders in this region.

The report covers exhaustive analysis on:

  • Marine Fender Market Segments
  • Marine Fender Market Dynamics
  • Marine Fender Market Size
  • New Sales of Marine Fender
  • Current Trends/Issues/Challenges in the Marine Fender Market
  • Competition & Companies Involved in Marine Fender
  • New Technology for Marine Fender
  • Value Chain of the Marine Fender Market

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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)
Marine Fender Market: Segmentation

The global Marine Fender market can be segmented on the basis of Fender type, Ownership, and End-Use.

On the basis of Fender type, the global Marine Fender market is segmented as:

  • Rubber Fender
    • Cell Type
    • Cone Type
    • Arch Type
    • Cylindrical Type
    • D-Fenders
    • Others
  • Foam Fender
  • Pneumatic Fender
  • Timber Fender

On the basis of Ownership, the global Marine Fender market is segmented as:

  • Public
  • Private

On the basis of End-Use, the global Marine Fender market is segmented as:

  • Dockyard
  • Ships

Report Highlights:

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

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ADAS Market 2021 Key Players, End User, Demand and Consumption by 2029

In the coming years, automotive industry is about to witness major changes in terms of innovation and advancement in technology employed in the vehicles and ADAS will be a crucial part of this transition. Though ADAS (Advanced Driver Assistance Systems) is no more a new technology, disrupting the automotive industry in general, yet the penetration of ADAS is significantly low in various countries. The adoption of ADAS highly varies from vehicle to vehicle and geographically as well. The range of ADAS (advanced driver assistance systems) is increasing with significant pace and not just since connected cars and autonomous driving has come increasingly to the fore of the automotive industry. Installation of ADAS has also gained pace in economic range passenger vehicles. Owing to the increasing demand for advanced features pertaining to safety and comfort in passenger and commercial vehicles, the global ADAS market is expected to witness significant growth during the forecast period.

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ADAS Market: Dynamics

Passenger car sales has witnessed substantial growth in the past decade. Attractive schemes and discounts attract customers to opt for premium segment vehicles as well. The luxury cars segment is one of the key end users of ADAS. Thus, luxury car sales across the globe are expected to have a positive impact on the target market during the forecast period. ADAS are also being installed in SUVs and sedan passenger cars. ADAS such as Electronic Stability Control (ESC) systems are preferably installed in various SUVs to manage unexpected events, or driving on wet or icy roadways. Increasing installation of ADAS in mid-range vehicles is expected to directly impact the growth of the ADAS market during the forecast period.

The growing mining and construction sector across the globe has augmented the demand for heavy commercial vehicles. Truck Fleet owners and operators are investing in performance upgrades to improve fuel efficiency and driving comfort. ADAS such as adaptive cruise control (ACC), autonomous emergency braking (AEB) and lane keeping assist (LKA) are improving the business case for commercial vehicles. Truck platooning is anticipated to be one of the next technologies to commercialize in this space. For truck platooning, automated driving support and connectivity technology will be required. This in turn will increase theADAS penetration in trucks and subsequently will drive the global ADAS market growth.

ADAS Market: Regional Outlook

Global ADAS market is anticipated to witness healthy growth in the coming years. Growth attributing factors includes implementation of stringent regulations by various government concerning active as well as passive safety, increasing demand for comfort and luxurious features for occupants and falling prices of ADAS. Developed regions including Europe and North America are anticipated to account for a prominent market share due to significant presence of global manufacturers of ADAS. Moreover, stringent regulations for driving safety in Europe and North America are boosting the ADAS market growth. Countries such as India, China, Russia, Brazil are anticipated to gain significant pace in the adoption of ADAS.

ADAS Market: Key Participants

Examples of some of the market participants identified across the value chain of the global ADAS market include:

  • Continental AG
  • Autoliv Inc
  • Valeo SA
  • Denso Corporation
  • Robert Bosch GmbH
  • Delphi Automotive
  • Magna International Inc

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The report covers exhaustive analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, Indonesia, Thailand)
  • East Asia (China, Japan, South Korea,)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)
ADAS Market: Segment

The global ADAS market has been segmented by Type, by Technology, by Vehicle type and by Sales channel

On the basis of type, the global ADAS market has been segmented as:

  • Adaptive cruise control (ACS)
  • Adaptive-headlight control (AHC)
  • Advanced emergency braking system (AEBS)
  • Automatic parking
  • Blind-spot detection (BSD)
  • Curve speed warning (CWS)
  • Drowsy Driver Warning (DDW)
  • Driver Fatigue Warning (DFW)
  • Driver Drowsiness Detection (DDD)
  • Driver Monitoring System (DMS)

On the basis of Technology, the global ADAS market has been segmented as:

  • Lidar
  • Long Range Radar
  • Camera
  • Infrared

On the basis of vehicle type, the global ADAS market has been segmented as:

  • Passenger Car ADAS
  • Light Commercial Vehicles ADAS
  • Heavy Commercial Vehicles ADAS

On the basis of Sales Channel, the global ADAS market has been segmented as:

  • OEM
  • Aftermarket

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Electric Golf Cart Market 2021 Key Players, SWOT Analysis, Key Indicators and Forecast to 2029

Increasing innovations with technology have made life more at ease and convenient. Golf carts as a means of public transport is becoming more popular and emerging as a significant part of industries for internal transportation. Today, electric golf cart has gained significant popularity. Along with the use in conventional golf courses, electric golf carts are also suitable for everyday usage.

Electric golf carts offer significant advantages over conventional gasoline or diesel driven golf carts considering the environmental concerns. The main benefits of golf cart include low maintenance, noise free and environmental friendliness and less expensive to operate. The ability to eliminate emission of greenhouse gases, ozone forming toxins and noise pollution to remain instrumental in driving the demand for electric golf cart market.

Demand for golf carts majorly come from tourist places, higher urbanization & industrialization countries and developing countries. Owing to above mentioned factors, the demand for electric golf cart is anticipated to witness significant growth thus contributing to the global electric golf market during the forecast period.

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Electric Golf Cart Market: Dynamics

With rapid urbanization and industrialization, the adoption of electric golf carts as Neighbourhood Electric Vehicles (NEVs) is increasing. Golf course has gained much popularity all over the world. Worldwide growth in the golf course projects in private clubs, golf-centric real estate developments, and golf resorts are the factors which lead to the rise in the global demand for electric golf carts. In addition, developing tourism and hospitality industry is fuelling the growth of the global electric golf cart market.

A recent trend observed in the global electric golf cart market is increasing demand for customization by end users in relation to vehicle aesthetics and seating capacity. With growing awareness regarding electric golf carts as a means of internal transportation, there is an increasing adoption of electric golf carts in various events such as expos, symposiums, tradeshows and exhibitions. Owing to this trend, most of the domestic manufacturers have expanded their service portfolio by including electric golf cart rental services too.

Electric Golf Cart Market: Regional Outlook

In Asia Pacific, countries such as India and China are expected to create significant opportunities for electric golf cart owing to growing use of golf carts at railway stations and airports. Japan is also estimated to witness steady growth in the global electric golf cart market. In developed countries such as U.S. and Canada the demand for electric golf cart is stated to be driven by growing environmental awareness and use of electric vehicles. This will drive the growth in North America. Tourism industry in GCC countries will create more demand for electric golf cart in the coming years, which in turn will drive the electric golf cart market in Middle East & Africa. In European countries such as Italy and Scotland among others are leading players of golf on the global scale. This is estimated to create healthy opportunities for the market growth in Europe.

Electric Golf Cart Market: Key Participant

Some of the key players in the global Electric Golf Cart market are:

  • Textron Specialized Vehicles Inc.
  • Xiamen Dalle Electric Car Co., Ltd.
  • Speedways Electric
  • Cruise Car, Inc.
  • Autopower
  • Golf Cart India
  • National Golf Foundation
  • Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd
  • Electric Vehicles (Thailand) Co.Ltd.
  • Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD.

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The report covers exhaustive analysis on:

  • Electric Golf Cart Market Segments
  • Electric Golf Cart Market Dynamics
  • Electric Golf Cart Market Size
  • New Sales of Electric Golf Cart
  • Current Trends/Issues/Challenges in the Electric Golf Cart Market
  • Competition & Companies Involved in Electric Golf Cart
  • New Technology for Electric Golf Cart
  • Value Chain of the Electric Golf Cart Market

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)
Electric Golf Cart Market: Segmentation

The global Electric Golf Cart market can be segmented on the basis of application, ownership, and Type.

On the basis of application, the global Electric Golf Cart market is segmented as:

  • Golf Course
  • Personal Use
  • Industry Use
  • Rental Services
  • Others

On the basis of ownership, the global Electric Golf Cart market is segmented as:

  • Rented
  • Fully Owned

On the basis of Type, the global Electric Golf Cart market is segmented as::

  • 4 Seater
  • 6 Seater
  • 8 Seater
  • Above 8 Seater

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Report Highlights:

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

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Orthopaedic Prosthetics Market will witness a CAGR of over 4.5% over the forecast period 2021-2030

As per Future Market Insights (FMI) – an ESOMAR-certified market research firm, global orthopaedic prosthetics market will be worth US$ 3.22 Bn by 2030.
Orthopaedic prosthetics have been witnessing personalized breakthrough innovations since the last few years. The market is witnessing customized prosthetics that enable modifications on the basis of functionality and anatomy of the respective patient.
According to FMI, tailored orthopaedic prosthetics, an outcome of 3D imaging software, is available in various lengths and sizes. This innovation is likely to drive the orthopaedic prosthetics market during the forecast period.

“The market is expected to witness a paradigm shift. Emphasis is being laid on consumer-friendly products, so as to simplify the lives of amputees”, says an FMI analyst.
Reconstructing or amputating of lower limb proves to be challenging for both – practitioners as well as patients as it largely depends on the affected limb’s viability and characteristics.
However, advances with respect to orthopaedic prostheses have paved the way for loads of options to be considered while choosing between limb amputation and reconstruction.

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As such, the well-fitting prostheses avert the rest of the soft tissue’s breakdown by redistribution of compressive force at the time of weight bearing, thereby minimizing force on skin. This convenience holds the flag for lower extremity orthopaedic prosthetics high in the forecast period.
As far as technology is concerned, digitally empowered devices are the future of orthopaedic prosthetics market. Along with anticipating patients’ actions (through the use of AI), these devices enable remote monitoring.

orthopaedic prosthetics adoption analysis

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Digitally powered orthopaedic prosthetics are all set to revolutionize the market at present and also in the forecast period.
Also, as mentioned above, personalization of products gets a simplified approach with digitization, as traceability becomes easy. Also, 3D imaging helps the patient visualize the placement of limbs well in advance, thereby voicing his/her choice with regards to implants.
Though North America and Europe account for leading revenue share, opportunities in Asia Pacific are growing. The countries like India, China, Thailand, Saudi Arabia are on the verge of increasing the contribution of their GDP towards healthcare.
As Asia Pacific is home to majority of those suffering from diabetic ailments, the orthopaedic prosthetics market set to catch up herein. On the other hand, the consistency shown by North America and Europe could be attributed to increasing incidences of peripheral vascular diseases concerned with limbs coupled with injuries related to sports.
Major Key players include:
Exatech Inc.
Howard Orthopaedics Inc.
Hanger Inc.
Wishbone Medical
Pega Medical
OrthoPediatrics
Arthrex
Touch Bionics Inc.
Advanced Arm Dynamics
Medtronic Spinal
Integra Lifesciences
Globus Medical
DJO Global

Orthopaedic Prosthetics Market, a new study from Future Market Insights, opines on the evolution of the orthopaedic prosthetics market from 2014 – 2018 and presents demand projections from 2020 – 2030 on the basis of; product (upper extremity prosthetics, lower extremity prosthetics, sockets, liners and modular components), technology (conventional, hybrid orthopaedic prosthetics and electric powered orthopaedic prosthetics) and end user (prosthetic clinics, hospitals, rehabilitation centre and others) across seven prominent regions.

ORTHOPAEDIC PROSTHETICS MARKETS TAXONOMY
The global orthopaedic prosthetics market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product
Upper Extremity Prosthetics
Hand Prosthetics
Elbow Prosthetics
Shoulder Prosthetics
Lower Extremity Prosthetics
Foot & Ankle Prosthetics
Knee Prosthetics
Hip Prosthetics
Liners
Sockets
Modular Components

Technology
Conventional
Electric Powered
Hybrid Orthopaedic Prosthetics

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End User
Hospitals
Prosthetic Clinics
Rehabilitation Center
Others

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

North America Electrical Testing Services Market Research Report 2021 – Global Forecast till 2031

North America electrical testing services market will total US$ 1.85 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm.

North America electrical testing services market is projected to exhibit year-on-year (YoY) growth of 4.8% to total ~US$ 1.8 Bn in 2021. As per the study by Future Market Insights (FMI), the demand for electrical testing services in North America will increase by 5.9% CAGR between 2021 and 2031.

By service type, thermographic electric testing service will represent over 6.5% CAGR in North America electrical testing services market. As of 2020, these services account between 2 and 3% of overall North America Testing and Inspection Services Market.

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The report has forecast the North America electrical testing services market to grow at nearly 5.9% during 2021-2031. Due to the economic impact of COVID-19, demand for electrical testing services decreased in 2020. With various end-use sectors already resuming daily operations, scope for sales of electrical testing services will grow in North America.

Because of the high pace of population expansion and urbanization in the United States and Canada, the power generation and transmission industries are expected to increase steadily. Rapid growth in the residential sector in urban as well as semi-urban areas in this region will contribute significantly to the market growth.

2021-2031 North America Electrical Testing Services Market Outlook Compared to 2016-2020

Driven by the rapid industrialization and technological advancements in North America, the electrical testing services market will rise at 5.9% CAGR between 2021 and 2031 in the comparison above 0.9% CAGR registered during 2016-2020.

Transformer testing and other major service types are currently in high demand across diverse industries as transformer testing is essential for confirming the performance and specification of a transformer. Performing maintenance and testing periodically to maintain the working efficiency of an electrical device is of prime importance. This makes electric testing services highly sought-after in North America.

Increasing focus on personal safety is encouraging customers to invest in advanced electrical testing solutions. As electricity has the potential of fatally injuring a person, unchecked electrical equipment has a greater probability of causing hazard due to instances such as leakage, short-circuiting, faults in wiring, leakage of lubricants, and others. To counter the risk of such incidents, focus on electrical testing services will skyrocket.

projected bps change in market share for end use segment in north america electrical testing market 2021 2031

Key Takeaways of North America Electrical Testing Services Market Study

  • The U.S. will lead the North America electrical testing services market, accounting for over half of sales through 2031.
  • The demand for electrical testing services in Canada will grow by 6.1% CAGR between 2021 and 2031.
  • During the projected period, transformer testing and circuit breaker testing segments are expected to lead in terms of market share and growth rate. Because of their simple operational versatility and high load capabilities, the category is predicted to account for nearly half of the market value share through the forecast period.
  • The increasing demand for rotating equipment vibration testing and motors/generators testing will continue driving growth in the market.

“North America electrical testing services market is gradually growing due to increasing consumption of electrical services in various end-use industries. Expansion of the power transmission and distribution will result in high demand for electrical testing services. Key industry participants are investing in strategic alliances, partnerships and product innovations to gain a competitive advantage in the evolving North America market. These partnerships will allow companies to improve their production capacity and strengthen their technical expertise,” says a FMI analyst.

Competitive Landscape

The market is moderately consolidated, with key players accounting for more than half of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Schneider Electric, Siemens AG, Eaton Corporation plc, General Electric Company, ABB Inc., Power Products & Solutions, American Electrical Testing, Haugland Group LLC, Dekra, TCS Electrical Co., Phase One Electric, Intran, GEM Electrical Services and Electric Power Systems.

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North America Electrical Testing Services Market by Category

By End Use:

  • Power Generation Stations
  • Transmission and Distribution Stations
  • Steel Plants
  • Major Refineries
  • Railways
  • Other Industrial (Laboratory, etc)
  • Data Centers
  • Healthcare and Hospitality
  • Commercial Establishments

By Service Type:

  • Transformer Testing
  • Circuit Breaker Testing
  • Protection Testing
  • Battery Testing
  • Rotating Equipment Vibration Testing
  • Motors/Generator Testing
  • Thermographic Testing

By Country:

  • The U.S.
  • Canada
  • Mexico

Key Questions Answered in the Report

What is the North America Electrical Testing Service Market Size?

Which are some of the leading company’s offering testing services in North America?

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Female Pelvic Implants Market is set to reach a valuation of US$ 245 Million in 2021, rising at a CAGR of 2.8% through the end of 2031

According to a recent report by Future Market Insights (FMI), rising prevalence of pelvic organ prolapse (POP) and stress urinary incontinence (SUI) is expected to boost the growth opportunities for female pelvic implants market. The market is set to reach a valuation of US$ 245 Mn in 2021, rising at a CAGR of 2.8% through the end of 2031.

increasing incidence of vaginal disorders among aged women coupled with the non-availability of other treatment options for SUI and POP will continue increasing the demand in the female pelvic implants market. According to the U.S. FDA, the number of women who have POP is estimated to surge by 46%, to 4.9 million, by 2050.

According to the American Urological Association (AUA/SUFU), the incidence of stress urinary incontinence (SUI) in women was reported to be as high as 49%. The incidence of stress urinary incontinence is high in women with poor or weakened pelvic supports. This disease affects the lives of women to a great extent and is widespread in the older population.

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However, the low rate of efficacy after pelvic implantation and the problems of pelvic organ prolapse are hampering the growth of the female pelvic implants market.  COVID-19 is anticipated to have a moderately negative impact on the female pelvic implants market due to implementation of lockdown. Supplies and demand were jolted by the massive spread of the infection, which staggered the growth of the female pelvic implants market.

Key Takeaways from Female Pelvic Implants Market Study

  • Vaginal sling/tapes demand is anticipated to gain maximum revenue share of more than 68%, rising at an expected CAGR of 2.5% owing to the high demand to treat stress urinary incontinence.
  • Hospitals followed by ambulatory surgical centers are leading users of female pelvic implants growing owing to the rising number of POP and SUI patients.
  • The U.S. accounts for more than 83% of the North America market, driven by the high incidence of pelvic organ prolapse.
  • The U.K.is a leading market in Europe. It is expected to account for nearly 13% of demand registered in Europe by 2031. Implementation of government funded awareness programs will remain a chief growth driver.
  • Over 30% of the South Asia market is held by India. Growth in the country is propelled by significant investments in the expansion of healthcare sector.

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Key Companies Profiled :

  • Johnson & Johnson Services, Inc.
  • Coloplast A/S
  • Dipromed Srl
  • Boston Scientific Corporation
  • pfm medical ag
  • Betatech Medical
  • Promedon Group
  • Caldera Medical
  • Cook Medical

Key Segments Covered:

  • Product Type,
  • Indication,
  • End-User, and Region

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Key Regions Covered

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

Tire Testing Machine Market 2021 | Present Scenario and Growth Prospects 2031

Expansion of the tire industry and increasing automotive sales are anticipated to drive the tire testing machine market. According to a study by Future Market Insights (FMI), the tire testing machine market will reach US$ 467.7 Mn by 2021. The increasing rate in tire production will remain a chief growth driver.

Tire testing machines have dynamic abilities to notify the extent of wear and tear on tires. The rising focus on efficient tire performance, rigid regulatory framework for tire testing and mandate on safety on highways, and other forms of safety requirements have cumulatively propelled the market growth. These machines also are used across aerospace and defense facilities.

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The COVID-19 pandemic outbreak has impacted the global economy at various levels and electronics industry has not been spared. The tire testing machine market growth is projected to be affected by the COVID-19 pandemic crisis and is expected to witness a significant drop in demand in 2021. With a number of end-use industries affected in regions like North America, Europe and Asia-Pacific, the oversupply and shortage in demand are expected to result in a significant drop in Y-O-Y growth.

Nonetheless, a study by FMI has projected the tire testing machine market to reach US$ 730.8 Mn by the end of 2031, growing at a CAGR of 4.6% over the forecast years (2021-2031). Their increasing application in testing tires for four wheelers will continue supporting growth. As per FMI, four-wheelers account for above 30% of sales in market.

tire testing machine market characteristics and attributes with regional relevance, 2021

Key Takeaways of Tire Testing Machine Market Study

  • Despite significant drop in sales amid COVID-19, recovery is on card as FMI projects growth at positive pace 2021 onwards
  • Rising vehicle production will support growth as U.S. continues to lead North America market with a dominant share of more than 78% in 2021
  • Increasing focus on vehicular safety will stoke expansion in the U.K., enabling y-o-y growth at above 3% in 2021
  • Germany and France will enjoy spotlight among leading markets in Europe
  • Recovery of automotive sales post COVID-19 outbreak will support sales in China, as Japan and India remain other key markets in Asia Pacific

Tire testing machines play a pivotal role in the global tire landscape. The market is expected to witness major transformations with automation and collaborative efforts from tire manufacturers and OEM technology.”

North America is expected to exhibit high demand for tire testing machine. Increasing vehicle production in the region has and focus on product innovations by some of the leading market participants have been driving growth in North America. In Asia-Pacific, the increasing demand from applications such as including passenger cars and heavy commercial vehicles, is likely to favor the expansion of tire testing machine market.

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Competitive Landscape

The key players operating in the global tire testing machine market include MTS Systems Corp, A&D Co. Ltd, Ametek Inc, ZF AG, Kobelco Corporation, Kokusai Co. Ltd and TMSI LLC. The market is highly competitive and it is driven majorly by supplier side and influenced by demand side trends. Both global and regional players play pivotal role to provide the most cost competitive solution for various end users including automotive, aerospace and largely tire manufacturers.

Leading companies profiled in this study hold approximately half the market value share.  There is a lot of product differentiation concerning the types of solutions which are offered to tire manufacturers, automotive OEMs and for contract and laboratory purposes. Drive for product positioning and aggressive marketing are some of the common behavioral trends in the global market.

How the Future Outlook for Tire Testing Machine Market with Historical Sales?

Tires play a pivotal role in today’s vehicles. Given the conditions vehicles have to ride on, tires are required to perform under extreme conditions in terms of weather, driving characteristics, and serve longer miles before they wear out. Product innovations, patent filings, technical developments, research, and tire testing have paved way for the entry of many tire testing machine manufacturers. Most of the investments have been focused on the improvement of machine compatibility, its performance and its output. According to FMI’s analysis, on the back of these factors, tire testing machine will grow at 4.6% CAGR between 2021 and 2031.

Tire Testing Machine Market by Segments

Machine Type

  • Flat Belt Tire Testing Machine
  • Rolling Resistance Testing Machine
  • Dynamic Contact Testing Machine
  • Tire Balancing Machine
  • Drum Tire Testing Machine
  • Endurance Testing Machine
    • 2 Position
    • 4 Position
  • Endurance + High Speed Testing Machine
  • Tire Force & Moment Measurement Systems
  • Plunger Test & Bead Unseating Test machine
  • Tire Stiffness & Footprint Measurement machine
  • Tire Tread Wear Simulation Systems
  • Run Flat tire Durability Tester
  • Load Tester
  • Uniformity Tester

Application

  • Two Wheelers Tire Testing Machine
  • Four Wheelers Tire Testing Machine
    • Passenger Cars Tire Testing Machine
    • Motorsports Tire Testing Machine
    • Heavy Commercial Vehicles Tire Testing Machine
  • Industrial & Off-road vehicles Tire Testing Machine
  • Aircraft Tire Testing Machine
  • Defence Vehicles Tire Testing Machine

Operation

  • Automatic Tire Testing Machine
  • Manual Tire Testing Machine

End-use

  • Automotive
    • OEMs
    • Repair & Maintenance Service Stations
    • Tire Dealers & Specialty Shops
  • Aerospace
  • Tire Manufacturers
  • Other Testing, Research & Certification Agencies

Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

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Key Questions Answered in the Report

  • Which Is The Most Lucrative Market For Tire Testing Machine?

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Hypoparathyroidism Treatment is projected to display a promising CAGR of approximately 8% through the end of the forecast period in 2031

Hypoparathyroidism is a rare endocrine disorder, which often results in levels of calcium and high levels of phosphate, which in turn results in the production of low or abnormal parathyroid (PTH) levels. According to a recent research report by Future Market Insights (FMI), the hypoparathyroidism treatment market is estimated to reach a valuation of US$ 717.7 Mn in 2021, and is projected to display a promising CAGR of approximately 8% through the end of the forecast period in 2031.

Hypothyroidism primarily arises from surgeries in the neck region. It is associated to accidental damage to the parathyroid gland. High prevalence of these surgeries is expected to boost the demand in the hypoparathyroidism treatment market. For instance, in the U.S., up to 115,000 people are diagnosed with the chronic hypoparathyroidism. The majority of the hypoparathyroidism cases are caused by anterior neck surgery, which accounts for up to 75% of the of all hypoparathyroidism cases. The remaining 25% cases are non-surgical or in very rare cases is linked to genetic disorders.

Furthermore, considering the rare occurrence of this medical condition, hypoparathyroidism has been designated as an orphan disease by the U.S. FDA and European Commission. This designation of orphan disease will help manufacturers to speed up their drug development processes, which leads to better availability of drugs for treatments of hypoparathyroidism.

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However, the unprecedented nature of the COVID-19 pandemic has had a significant impact on the development of drugs for rare diseases including those associated with hypoparathyroidism.  Preference now is being given to the development of life-savings drugs with greater focus on development of COVID-19 drugs and vaccines, thus halting or suspending existing clinical trials other than live saving drugs.

Also, this has led to the delay or postponement of enrolment of the new participants for clinical studies. Thus, the lack of sufficient data availability on the safety and effectiveness of treatments from clinical trials, will hurt short-term prospects. Clinical trials will gradually resume through 2021, and is anticipated to pick up pace during the forecast period.

Key Takeaways from Hypoparathyroidism Treatment Marker Study

  • Calcium supplements dominate the hypoparathyroidism treatment market growing 2x by 2031 owing to efficacy with hormonal therapy.
  • Parenteral route of administration is projected to grow at higher pace, driven by a rise in the number of clinical trials, and approval of new drugs which are influencing strong growth in this segment.
  • United States holds over 85% of the North America market for hypoparathyroidism treatments and will remain dominant owing to government incentives.
  • The U.K. will exhibit high demand, registering y-o-y growth at nearly 7% in 2021.
  • Germany and France will emerge as key markets within Europe.
  • China and India reflect high potential for growth on the back of a large subclinical patient pool for kidney disorders, diabetes, obesity, thyroid surgeries or head & neck surgery.

Growing cases of hypoparathyroidism and associated neck surgeries, coupled with an increase in patient awareness and screening, faster approvals and grants for product development, and favorable reimbursement scenarios, are major factors influencing market growth. Demand for biologics and the emergence of personalized medicine are some of the upcoming trends that are expected to generate significant growth opportunities for manufacturers operating in this space,” says the FMI Analyst

Product Approvals, and Expansion Strategies Gain the Focus of Drug Manufacturers

Prominent players in the hypoparathyroidism treatment market are focusing on receiving approvals and grants for the development of new drugs to cater to the growing cases of hypoparathyroidism, thus, enhancing their market presence. For instance,

  • In October 2020, Ascendis’s TransCon PTH was designated as orphan drug by the European commission (EC), which is approved for use to treat hypoparathyroidism in Europe.
  • In July 2020, ProLynx, received a Small Business Innovation Research (SIBR) grant from NIH to help fasten the development PTH (1, 34), a long acting parathyroid hormone that can be in a week to patients suffering from hypoparathyroidism.

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Prominent players in the hypoparathyroidism treatment market is entering into the strategic agreements and collaborations at regional levels, with special focus on emerging economies. Major players are consolidating their positions through regional collaborations to strengthen their presence and increase their product reach in these countries.

Some of the leading companies operating in the market are:

  • Takeda Pharmaceutical Company Limited.
  • Entera Bio Ltd.
  • Amgen Inc.
  • Ascendis Pharma A/S
  • F. Hoffmann-La Roche Ltd
  • ProLynx, Inc.
  • Extend Biosciences, Inc.
  • BionPharma Inc.

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global hypoparathyroidism treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on Hypoparathyroidism treatment market on the basis of product type (parathyroid hormone, vitamin D analogues, and calcium supplements), route of administration (oral, parenteral), and distribution channel (hospital pharmacy, retail pharmacy, and online sales) across four major regions.

Hypoparathyroidism Treatment Market

By Product Type

  • Parathyroid Hormone
    • Natpara
    • Others
  • Vitamin D Analogue
    • Vitamin D2
    • Vitamin D3
  • Calcium Supplements

By Route of Administration

  • Oral
  • Parenteral

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Sales

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Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific MEA