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

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-5057

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

The Water Pumps market in U.K. is expected to rise at nearly 2.8% CAGR over the forecast period

As per Future Market Insights (FMI) analysis, the europe water pumps market is projected to be valued at ~US$ 11.4 Bn in 2021, expanding at a CAGR of ~3.6% over the forecast period of 2021-2031.

Pump manufacturing is a thriving industry driven by both small and large enterprises in Europe. These end-use sectors are confronting rising energy conservation demand as well as far-reaching environmental issues in the fight against climate change.

Water and wastewater treatment has been the most receptive sector among the various industrial verticals in terms of adoption, with significant expenditures made and planned towards facility modernization, which includes asset monitoring and integration of industrial internet of things (IIOT).

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Several organizations have been actively upgrading their water treatment plants with smart pumps. As a next step, companies have planned to invest in IIoT based solutions that helps to acquire and interpret the data generated from these assets with power of algorithms and machine learning capabilities that aids to predict failures, increase productivity and drive innovation. However the degree of investment in IIOT is largely governed by the water sector’s legal framework.

Key Takeaways of Water Pumps Market Study

  1. As per Future Market Insights, Germany, U.K. and Russia are key markets accounting for nearly half of water pumps sales in the Europe market value share in 2021.
  2. The Water Pumps market in U.K. is expected to rise at nearly 2.8% CAGR over the forecast period. Overseas customers prefer manufacturing and engineering expertise of U.K. over other countries.
  3. The value share of 2 HP water pumps is more than one-fourth of the Europe market. These high pressure pumps are used in agriculture and irrigation applications, easy to operate, can be suitable for potable purposes as well as the robustness and durability makes it preferred choice among the end-users.
  4. Water pumps market is a highly consolidated with the top players holding nearly 65-70% of water pumps sales within Europe.

“Studies and research have been conducted in recent years to offer improved energy-efficiency in water pumps. Energy and environmental concerns can provide an excellent foundation for pump application innovation and European pump manufacturers are leading the way in this field. EU legislation has mandated minimum energy efficiency requirements for clean water pumps and circulators, which is expected to positively affect the market growth,” says a Future Market Insights analyst.

During the forecast period, water pumps market is expected to be aggressively driven by automation. With the positive influence from industry 4.0 and the rising implications of quality management systems to enhance efficiency of operations and reduction of error rate, there will be surge in sales of Water Pumps and manufacturers are likely to generate higher revenues from Water Pumps.

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Competitive Landscape

The market for Water Pumps in Europe is extremely consolidated, with the top players accounting for over 65-70% of the market in 2020. These market participants are vying to expand their geographic footprints by targeting new markets in European countries. They are integrating IOT enabled technology to track the runtime and optimize equipment efficiency. Some of the key players in the market include tier-1 companies such as Xylem Inc, Grundfos, Flowserve Corporation, Andritz Group, Ebara Corporation, KSB AG, Sulzer Ltd, Gormann Rupp, Franklin Electric and ITT Inc.

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Industrial Hose Assemblies Market : Industrial Hose Assemblies Market By Material Type (Rubber, Plastic & Metal), Product Type (Low Pressure, Medium Pressure & High Pressure), Component Type (Hoses & Hose Fittings), End User (Food & Beverages, Construction & Mining, Chemical & Pharmaceuticals) & Region – Forecast 2022 – 2028

Pressure Reducing Valve Market : Pressure Reducing Valve Market By Material (Cast, Steel, Stainless Steel, Carbon Steel), End-Use Industry (Power Generation, Pharmaceutical, Pulp & Paper, Chemical, Food & Beverages, Oil & Gas), Product Type (Direct Acting & Pilot Operating), Application (Gas, Steam & Liquid) & Region – Forecast 2022 – 2028

Combi Ovens Market : Combi Ovens Market Analysis and Review by Product Type (Steam Generated, Boilerless), By Power Unit (Gas, Electric), By Capacity (Low, Medium, Heavy) End Use (Hotels & Restaurants, Bakery Stores, Retail Outlets, Domestic & Institutional, Commercial Kitchens) & Region – Forecast 2022-2027

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.

Herbal Beauty Products Market will Register 6.1% CAGR Driven by Shifting Consumer Preference Towards Beauty Products Containing Natural Ingredients

Future Market Insights (FMI) delivers exclusive insights into the global herbal beauty products market in its latest study. In terms of value, the global herbal beauty products market is expected to expand at a CAGR of 6.1% during the forecast period.

The inclination of consumers towards a healthy lifestyle and the increasing demand for herbal beauty products are expected to drive the market over the forecast period. Also, the trend of veganism among the millennials will encourage them to shift towards green beauty products. This trend will continue fueling the demand for herbal beauty products.

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Furthermore, the adoption of beauty and grooming products due to popular media portrayal of lumbersexuals and metrosexuals is expected to drive the growth of herbal beauty products. Additionally, changing attitudes of men towards body care and beauty products and their benefits have led players to develop novel products, specifically for men.

For instance,  Kama Ayurveda an Indian based beauty company offers a wide range of natural and herbal men’s products specially made for the new age man who works hard to d groom and maintains their skin.

Increasing focus on advancements in herbal beauty products and customer-centric approaches are expected to influence players to adopt unique marketing strategies and develop novel products which in turn, is expected to drive the herbal beauty products market.

Key Takeaways from the Herbal Beauty Products Market Study

  • Based on consumer orientation, the global herbal beauty products market is segmented into adults and kids. The adult segment is estimated to account for the largest share by 2021 end.
  • China will emerge as a highly lucrative market for herbal beauty products in East Asia.
  • The U.S. will record the highest sales of herbal beauty products in North America.
  • Backed by presence of a well-established beauty industry, the sales of herbal beauty products will pick up pace in the I.K.
  • Supermarkets are expected to remain the preferred distribution channel for herbal beauty products. However, the sales via online platforms are expected to catch up soon.

 “Players currently operating in the market are focusing on innovations to expand their portolfio. Some are even targeting specific skin problems to carve a niche amidst soaring competition. Meanwhile, leading brands are expanding their availability across e-commerce platforms to gain competitive edge,” said a FMI analyst.

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Impact of COVID-19 Outbreak on the Herbal Beauty Products Market

The outbreak of the novel coronavirus pandemic has changed the face of the herbal beauty products market and has impacted the buying habits of customers. While disruptions in supply chain dampened sales, studies suggest more people gave some time to personal and skincare as they remained indoors during extended period of lockdown.

An increasing number of consumers utilized their time looking for home remedies on social media platforms like YouTube and Instagram to nurture their skin. Focus on beauty consistently rose. Consequently, restrictions were lifted, sales in the herbal beauty products market recovered.

Who is Winning?

A few key players in the herbal beauty products market are Surya Brasil Organic Beauty Products, Weleda AG, INIKA, Lotus Herbals Limited, Bio Veda Action Research Co. (Biotique), Guangzhou, Liwei Cosmetics Co Ltd., Dr. Hauschka, VLCC Healthcare Ltd., Hemas Holdings PLC, Herb labo Co. Ltd, The Himalaya Drug Company, Shahnaz Ayurveda Pvt. Ltd, GROWN ALCHEMIST, Shenzhen Panni E-Business Co. Ltd., and Arbonne International LLC among others.

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About Consumer Products division of FMI

Expert analysis, in-depth insights, and strategic recommendations – the Retail & Consumer Products team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 500+ reports, the team has analyzed the consumer goods industry lucidly in 80+ countries for over a decade. We provide end-to-end research database on retail & consumer products market and consulting services; reach out to explore how we can help.

The Packaging Testing Equipment market will grow by 6.4% CAGR between 2021 and 2031

According to Future Market Insights (FMI), the packaging testing equipment market will grow by 6.4% CAGR between 2021 and 2031. Scope for application is expected to improve in consumer electronics industry as demand for complementing and technologically advanced packaging solutions grows. Packaging testing equipment is used in the electronics industry for various applications such as backing proof for working status, certification of electronics and deeming them safe for usage.

The applications for packaging testing equipment in the electronics industry are still growing. The rapidly rising demand for consumer electronics is a major trend that is anticipated to bolster the growth of the packaging testing equipment market.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8685FMI forecasts that the sales of packaging testing equipment will increase in food and beverages, healthcare, and other sectors. Factors such as demand for sustainability and client specific customization will aid application across diverse industries.

Key Takeaways from Packaging Testing Equipment Market

  • By testing type, material/ sample testing segment is ahead and leading the global packaging testing equipment market. The segment is anticipated to account for 44% of the market by the end of forecast period.
  • By material, the plastic segment is mostly preferred in the market due to its low cost feature. Demand in the segment is anticipated to increase 1.8 times during next 10 years.
  • Among end users, the food and beverages segment will exhibit high demand. Furthermore, healthcare & pharmaceuticals will be the second largest segment, accounting for 22% of the market.
  • Asia-Pacific is anticipated to offer impressive opportunities for packaging testing equipment market due to lower tax slabs and ease of doing business opportunities in the region.
  • North America and Europe will hold share of almost 44% in the global market by the year 2031.

 “The demand for packaging testing equipment is rising globally.  Increasing focus on testing services and verification & certification for ensuring the quality of packaging material has created growth opportunities for packaging testing equipment manufacturers ,” says FMI analyst.

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Impact of COVID-19 on Packaging Testing Equipment Market

Global crisis of COVID-19 had negative impact on the sales of packaging testing equipment. Lack in availability of raw materials suspended manufacturing process. Imposition of lockdown in major regions such as North America, Latin America, Europe, Asia-Pacific and Rest of World also hampered manufacturing of packaging testing equipment.

Disruption in supply chain activities and stringent rules and regulations lead to a complete closure of manufacturing plants for months. Consequently, sales of packaging testing equipment were pretty disturbed during the lockdown dampening sales of target market.

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Packaging Testing Equipment Market Landscape

Krones AG, Coesia Group and AMETEK Inc. are the top players operating in the packaging testing equipment market. Furthermore, Marchesini Group, Presto Testing Equipment, Labthink Instruments Co. Ltd., AZO Holding GmbH, Machine Solutions Inc., Qualitest, and Rycobel Group are also the noticeable players in the packaging testing equipment market. The 3-tier players of the market hold 80-90% in the global packaging testing equipment market. Summarizing everything key players will contribute almost 10-20% of the global market.

Explore FMI’s Extensive Coverage on Packaging Domain 

Clamshell Packaging Market : Clamshell Packaging Market By Packaging Type (Trays, Bowls, Boxes & Containers and Others), Material Type (Plastic and Paper/Paperboard), Product Type (Mock Clamshells, 2-Piece Clamshells and Tri-Fold Clamshells) & Region – Forecast to 2022 – 2028

Duct Tapes Market : Duct Tapes Market By Product Type (Removable Duct Tapes, Professional Grade Duct Tapes, Utility Duct Tapes, Specialized High Strength Duct Tapes), Adhesive Type (Natural, Rubber based Adhesives, Synthetic Rubber based Adhesives) & Region – Forecast 2021 – 2031

Corrugated Boxes Market :

Corrugated Boxes Market By Product Type (Slotted Box, Folder Box, Telescope Box, Die-Cut Box, ), Board Type (Single Face Board, Single Wall Board, Double Wall Board, Triple Wall Board) & Region – Forecast 2021 – 2031

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.

Cosmetic Ingredients Market: Key Drivers & Restraints

Cosmetic Ingredients Market Overview

This Cosmetic Ingredients 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 Cosmetic Ingredients Market.

Cosmetics ingredients are synthetic chemicals used in variety of cosmetics and beauty products. Traditionally, these ingredients have witnessed a steady demand, however, of late, evolving consumer preference toward herbal and organic, has changed the status quo.

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Cosmetic ingredient suppliers are closely working with leading brands to meet the changing expectations of consumers. Further, as a result of various regulations, ingredient suppliers are at increased scrutiny to comply with local and international regulations.

Globalization, and with advent of information technology, people across the globe are aware of different beauty products which are available online with authentic reviews. Digitalization of marketing made the delivery of these product simple and cost effective which helps consumer to choose the right cosmetics

Cosmetic Ingredients Market: Key Drivers & Restraints

Increasing purchasing power of consumer and rapid change in lifestyle are the driving force behind the success of the cosmetic ingredient market. Besides that, the blooming glamour industry of modelling and cinema are prime consumer of cosmetic industry which accounts for more than 35 % of market share.

Since, the core ingredients are not natural in cosmetic products, it creates a sense of unnatural way of maintaining your appearance, and people are more inclined toward natural, eco-friendly products which cannot be cost effective. Furthermore, side-effects and allergies are major concern among the consumer.

Cosmetic Ingredients Market:  Region-wise Analysis

The market has been segmented into Europe, Asia pacific, North America, Latin America and rest of the world. Europe and North America are leading the cosmetic ingredient market. APAC and Latin America are the emerging markets for cosmetics. In Asia-pacific, India and China are the most lucrative market. Dynamic lifestyle of youngsters and more inclination toward skin care coupled with rapid urbanization is expected to generate a huge demand in cosmetic ingredient market.

The powerful global cosmetics market is mainly driven by strong consumption of potential demand. As per Loreal annual report of 2019 the global market of cosmetic is more the 220 billion euros and a growth rate of 5.5 %

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Cosmetic Ingredients Market: Competitive Landscape

  • Croda International plc. (U.K.)
  • BASF SE (Germany)
  • Ashland Global Inc. (U.S.)
  • Evonik Industries AG (Germany)
  • Akzo Nobel N.V. (Netherlands)
  • Clariant AG (Switzerland)
  • The Dow Chemical Company (U.S.)
  • Wacker Chemie AG (Germany)
  • Lonza Group Ltd. (Switzerland)
  • Solvay SA (Belgium).

Increasing number of collaboration and acquisition are indicative of the fact that market is expected to register maximum average growth. As per Loreal 2019 report the cosmetic market is projected to reach USD 430 billion by 2026

In July 2019, Givaudan acquired Munich based fragrance house Drom. The move was aimed to strengthen the leadership in global fragrance market.

In august, same year, the company UK speciality manufacture Fragrance Oils. The latter is specialised in perfumery and essence. This move was aimed to strengthen position in Africa and South East Asia

Region-wise Analysis

  • North and Latin America (US, Canada & Brazil)
  •  Europe (UK, Germany & France)
  • Asia Pacific (China, India & Japan)
  • Middle East & Africa

Report Highlights

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

Cosmetic Ingredients Market Segment Analysis

The Cosmetic Ingredients Market can be segmented based on the following:

By Application

  • Skin Care
  • Make-up
  • Oral care
  • Hair Care

By Product Type

  • Emollients
  • Surfactants
  • Emulsifiers
  • Antimicrobials
  • UV Absorbers
  • Conditioning Polymers
  • Rheology Modifiers
  • Colorants and Preservatives

By Consumer

  • Personal Care Manufacturer
  • Consultants in Chemical Industries
  • End-use-Industries

Woodworking Tools Market Share by 2029: Upcoming Trends and Analysis

Woodworking tools market is a vibrant marketplace. From large machinery to handheld tools, woodworking tools and equipment used to manufacture essential products with increasing levels of precision, quality, and scale. Rising housing construction and expanding renovation activities to bolster the future demand for woodworking tools.

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Apart from this, China-U.S. trade war is set to dampen the consumer sentiment and plunge the retail sector growth, directly influencing the demand for woodworking tools. Moreover, the sales of woodworking tools is foreseen to growth substantially through online channels. The phenomenal growth of the online sales has been driven in part by the huge internet population and rapid uptake of online shopping by consumers across the globe. Nevertheless, DIY or consumers engaged in woodworking owing to hobby are likely to remain concentrated in few parts of Europe and North America.

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Regional Outlook
Nearly a quarter of world’s furniture is manufactured in Europe, translating a huge demand for woodworking tools. Germany, Italy, Poland, and France are ranked among the prominent furniture producers worldwide and held a significant share in the woodworking tools market as well. In the last decade, the growth of the furniture market in China has been impressive, turning China into the world leader. Subsequently, China is set to observe a substantial growth in the coming years and reach new heights in the global woodworking tools market. India and Brazil are foreseen to create hefty demand for woodworking tools against the backdrop of robust productive investments by the international furniture players.

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Key Participants
List of some of the prominent market participants/brands in the global woodworking tools market discerned across the value chain include:
• Altendorf GmbH
• Makita
• Milwaukee
• Ridgid
• DeWalt
• Robert Bosch
• Kreg Tool Company
• Shanghai AMC Int’l Trading Co., Ltd.
• FEIN Power Tools Inc.
• Hida Tool

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