High Flow Oxygen Therapy Devices Market is projected to reach US$ 1.4 Bn by 2031 | FMI

[250 Pages Report] The rising prevalence of acute respiratory failures (ARF) due to the COVID-19 outbreak, risk of community infection, increasing demand for high flow nasal cannula, and advancements in high Flow Oxygen Therapy Devices are some key factors contributing to the growth of the high flow oxygen therapy devices market.

According to a recent study by Future Market Insights (FMI), these factors have proven crucial at enabling growth in the high flow oxygen therapy devices market. Sales of high flow oxygen therapy devices are expected to top US$ 1.7 Bn in 2021, at a CAGR of -6.4% during 2021-2025 and CAGR of 1.4% during the forecast period (2025-2031).

Public health issues worldwide, including Acute Respiratory Failure (ARF), pneumonia, asthma, and interstitial lung disease, pose a significant socioeconomic burden on individuals and societies.

Presently, COVID-19 is the primary risk factor for ARF. COVID-19 symptoms such as low blood-oxygen level and pneumonia in patients increase the risk of ARFs. Because of the growing ageing population and increased exposure to risk factors, ARF and pneumonia are becoming more prominent problems across the world, which is fuelling the demand for high flow oxygen therapy devices.

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The World Health Organization (WHO) Child Health Epidemiology Reference Group estimates that the pneumonia resulted 105.7 million new cases in 2017; of these 13% were severe and needed immediate hospitalization.

Consistent rise in incidence of pneumonia will fuel the demand for high floe oxygen therapy devices through the forecast period. Indoor air pollution was a major risk factor that was estimated to have led to 29% of pneumonia deaths in 2017.

Outdoor air pollution was responsible for another 18% of all deaths. In addition, an increase of 81.1% in the number of pneumoconiosis cases were observed for both sexes from 1990 to 2017 worldwide. Thus, the growing burden of respiratory diseases along with the outbreak of COVID-19 across the world is expected to drive the high flow oxygen therapy devices market.

Key Takeaways from High Flow Oxygen Therapy Devices Market Study

  • Demand for heated humidifiers is expected to grow at -6.6% CAGR during 2021-2025 and 1.3% CAGR through 2025-2031, owing to the occurrence of the COVID-19 pandemic.
  • The acute respiratory failure segment accounted for a higher share of 90% among applications. This can be due to the rising COVID-19 cases that lead to acute respiratory failure in the infected patients and require non-invasive respiratory support.
  • 500 Beds and Above Hospitals are projected to capture over 51% of the global market by 2031. This is attributed to the growing burden of respiratory diseases.
  • North America is the largest revenue-generating region for high flow oxygen therapy devices, with the U.S. accounting for nearly 96% of the regional market in 2031.
  • South Asia is the second most lucrative market with India accounting for over 58% of the share in 2031.
  • Japan holds the leading position in East Asia and is expected to account for over 42% of the market in 2031.

 “Increasing funding for R&D activities aimed launching novel products and solutions and healthcare recognition and recommendation of high-flow nasal cannula oxygen therapy will continue creating growth opportunities for manufacturers through the assessment period, ending in 2031,” says the FMI analyst

Who is winning?

Some of the leading manufacturers of high flow oxygen therapy devices are focusing on product approvals and launch strategies for global expansion objectives, thereby, enhancing their market presence. The leading key players are also focusing on innovation and launching new technologies for increasing the efficiency of products.

  • In June 2020, Armstrong Medical introduced the second generation FD140i, an improved dual therapy flow driver with an easier transition from CPAP to HFOT.
  • In 2019, TherOx Company received approval for SuperSaturated Oxygen Therapy system from the U.S. Food and Drug Administration (FDA) to be one of the effective therapies for cardiovascular diseases.

The key market players covered by FMI include Draegerwerk AG & Co. KGaA, Teleflex Medical GmBH, Philips Respironics, Vapotherm, Inc., ResMed, Vyaire Medical, Inc., Fisher & Paykel Corporation Ltd., Armstrong Medical, Flexicare Medical, Hamilton Medical Inc., Intersurgical Inc., Inspired Medical, WILAMed GmBH, Besmed Health Business Corp, Shenzhen Micomme Medical Technology Development Co., Ltd, Shenyang RMS Medical Tech Co. Ltd. and BMC Medical Co., Ltd.

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Want more insights?

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 high flow oxygen therapy devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on high flow oxygen therapy devices segment based on the product (High Flow Nasal Cannulas, High Flow Oxygen Masks, Breathing Circuits, Heated Humidifiers and Accessories) Application (Pneumonia and Acute Respiratory Failure) End User (Less than 100 Beds Hospitals, 100-250 Beds Hospitals, 250-500 Beds Hospitals and 500 Beds and Above Hospitals) across seven major regions.

High Flow Oxygen Therapy Devices Market by Category Product: 

  • High Flow Nasal Cannulas
  • High Flow Oxygen Masks
  • Breathing Circuits
  • Heated Humidifiers
  • Accessories

Application:

  • Pneumonia
  • Acute Respiratory Failure

End-User:

  • Less than 100 Beds Hospitals
  • 100-250 Beds Hospitals
  • 250-500 Beds Hospitals
  • 500 Beds and Above Hospitals

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Region:

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

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Europe Platelet Rich Plasma Market is projected to grow at a CAGR of 6.6% over the forecast period 2021-2024

The market for platelet rich plasma (PRP) Europe is expected to reach US$ 37.5 Mn in 2016, up from US$ 35.3 Mn in 2015. Adoption of platelet rich plasma in treating musculoskeletal injuries, including tennis elbow, Achilles tendinopathy, and plantar fasciitis, will continue to drive revenues. PRP therapy is also gaining traction in treating sports-related and geriatric injuries, owing to its minimally invasive procedure and quicker recovery time.

By product type, PRP kits will continue to outsell instruments, accounting for over 75% revenue share of the market in 2016. Among the various platelet rich plasma kits, autologous kits will account for the highest demand on the basis of blood type, representing a market value worth US$ 24.2 Mn. P-PRF kits—valued at US$ 10 Mn in 2015—will witness the highest growth by end-product type, increasing at 8.6% in 2016.

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By application, adoption of PRP therapy will continue to remain highest in the treatment of knee and elbow injuries. While knee application segment revenues will grow by 7.2%, elbow application segment revenues are projected to grow by 6.3%. Use of PRP therapy in the treatment of ever-increasing incidences of osteoarthritis and tennis elbow will gain further traction in 2016 and beyond.

PRP revenues in the UK—the largest market in Europe—will grow by 7.3% in 2016, an increase of 0.20% from the 7.1% growth in 2015. High prevalence of sports-related incidents in the U.K., combined with high awareness about the benefits of PRP therapy among healthcare community and patients, will continue to fuel the growth of the market in the country.

France will maintain its position as the second largest market for PRP in Europe, growing by 6.5% in terms of revenues in 2016. France is home to subsidiaries and distributors of several PRP players, such as Biomet, Inc., DePuy Synthes, Inc., and Stryker Corporation and a range of highly innovative products are available in the market.

Johnson & Johnson Inc. and Stryker Corporation are the established players in the Europe PRP market. Johnson & Johnson’s PEAK™ Platelet Rich Plasma System and Stryker Corporation’s RegenKit THT Autologous Platelet-rich Plasma (A-PRP) will continue to witness sizeable sales in 2016. Arthrex – Arthrex Angel System™ from Arthrex Inc. and GPS® III Platelet Separation System by Zimmer Biomet Holdings Inc. will also account for substantial revenue share of the Europe PRP market.

Long-term Outlook: The PRP market in Europe is expected to increase at a CAGR of 6.6% during the forecast period 2016-2024. The UK will continue to be at the forefront of overall demand, with France and Germany accounting for sizeable market share. While FMI maintains a positive outlook on the Europe PRP market, challenges, including lack of standardisation in preparation and dosage of autologous blood concentrate, and uncertainty about therapy efficacy can impede growth during the forecast period.

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Drivers and Trends

The Europe PRP market was valued at US$ 35.3 Mn in 2015, and is projected to grow at a CAGR of 6.6% over the forecast period 2016-2024 owing to rising demand for PRP therapy in sport injuries.

Platelet-rich Plasma (PRP) therapy is a minimally invasive procedure and an alternative option to surgery. PRP therapy is a quick and highly effective treatment for reducing the pain and enhances tissue regeneration power with less recovery time along with higher success rates. PRP treatment is very cost effective compared to surgical procedures for orthopedic and sports injuries.

Some major factors driving the growth of PRP market are expanding PRP application in the sports medicine industry, technological advancements in PRP therapy, progressive demographic ageing of the older population etc. These factors are expected to fuel the growth of the market growth rate over the forecast period.

Key Segments Covered

Product Type

  • Instruments
  • Kits
    • Kits BY Type
      • Pure Platelet-Rich Plasma (P-PRP)
      • Leukocyte-Rich Platelet-Rich Plasma (L-PRP)
      • Leukocyte-Platelet-Rich Fibrin (L-PRF)
      • Pure Platelet-Rich Fibrin (P-PRF)
  • Kits BY Origin
    • Autologous Platelet-Rich Plasma
    • Homologus Platelet-Rich Plasma
    • Allogeneic Platelet-Rich Plasma

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By Application

  • Knee
  • Elbow
  • Foot and Ankle
  • Shoulder
  • CMF
  • Others

Key Countries Covered

  • Europe
  • The U.K.
  • France
  • Germany
  • Spain
  • Italy
  • Rest of Europe

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

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Infant Incubators Market is expected to reach a valuation of US$ 327.9 Mn by the end of 2022 | FMI

[250 Pages Report] As per Future Market Insights, the global infant incubators market was valued at around US$ 311.6 Mn in 2021 and is projected to exhibit a CAGR of 4.7% over the forecast period. It is set to reach an estimated valuation of US$ 518.2 Mn in 2032.

Attributes Key Statistics
Global Infant Incubators Market Estimated Size (2022E) US$ 327.9 Mn
Projected Market Valuation (2032F) US$ 518.2 Mn
Value-based CAGR (2022-2032) 4.7%
Collective Value Share: Top 5 Countries (2022) 49.5%

The global infant incubators market is growing due to increased awareness regarding the health of newborns, rising prevalence of chronic infections, and surging cases of sudden unexpected deaths among infants in healthcare facilities. Additionally, the emergence of numerous epidemics and looming health risks they pose have further increased the demand for intensive care incubators across all healthcare facilities, thereby promoting market expansion.

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Besides, growing acceptance of infant incubators by various end users, including hospitals, as well as pediatric & neonatal intensive care units, would give the market a boost in the approaching years. The U.S. healthcare sector has been focusing on the importance of collaborative strategies by government bodies, which would boost the advancement in healthcare facilities. The National Network of Perinatal Quality Collaboratives (NNPQC), for instance, was established by the CDC and the March of Dimes to assist state-based PQCs in improving maternal and infant health outcomes statewide in a measurable manner.

These aforementioned factors will boost the market in the near future, as key companies are also concentrating on acquisitions and the development of novel products with improved efficacy in terms of environmental stability, infection protection, and durability.

Key Takeaways from Market Study

  • By product, the intensive care incubators segment held approximately 3% of the global market share in 2021.
  • Based on end user, the hospital segment generated a market share of around 7% in 2021.
  • East Asia is considered to be the leading region in the market and it held a share of 3% in 2021.
  • Europe accounted for a value share of 7% in 2021 owing to increasing number of preterm births in the region.
  • China is projected to exhibit growth at a lucrative CAGR of 8% during the forecast period.

“Increased initiatives by government bodies to promote health safety solutions and growing prevalence of chronic illnesses among infants in healthcare facilities are estimated to propel the market,” says an analyst of Future Market Insights.

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Competitive Landscape

Although infant incubator producers are functioning at full capacity, demand has surpassed supply in recent years with the rising prevalence of chronic illnesses. The gap has had an impact on a wide range of end users, including healthcare practitioners and other industrial users.

The global infant incubators market is fragmented, and there are a wide range of regional, up-and-coming, as well as established businesses operating within it. Key stakeholders have started conducting promotional activities to introduce unique infant incubators with improved efficacy.

For instance,

  • In April 2022, nearly two hundred portable incubators that were developed by utilizing technology co-invented by a Stanford MBA more than 10 years ago, were sent to Ukraine to offer life-saving warmth to babies born prematurely in hospitals and bomb shelters.
  • Dräger’s new Ponta and Ambia ceiling supply systems, which went into effect on September 30, 2021, give hospitals a great deal of flexibility when designing workstations that support particular clinical requirements in the operating room, ICU, and NICU.

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the Infant incubator market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032. The global infant incubators market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The research study is based on the product (intensive care incubator, and transport incubator), end users (hospitals, pediatric and neonatal intensive care units, others), across seven key regions of the world.

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

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Electronic Stethoscope Market is projected to reach a valuation around US$ 259 Million in 2022

[263 Pages Report] Up from nearly half a million units sold in 2018, the global sales of electronic stethoscopes will observe a robust 7.2% growth in 2022. The electronic stethoscopes market is expected to create an incremental opportunity worth US$ 170.9 Mn between 2022 and 2029.

Key Manufacturers Continue to Strategize on New Product Launches in Electronic Stethoscopes Landscape

Almost 2/5th of total adoption of electronic stethoscopes is registered at hospitals, the report underscores that there has been significant adoption by medical institutes in the recent past. In the next few years, medical institutes and ambulatory surgical centers are likely to create multiple opportunities for manufacturers of electronic stethoscopes.

More than half of the overall sales is accounted by amplifying electronic stethoscopes, as indicated by FMI’s analysis. While amplifying electronic stethoscopes provide results as accurate as digitizing electronic stethoscopes, the latter are associated with high maintenance owing to the presence of multiple electronic components. Amplifying electronic stethoscopes are thus expected to observe significant growth in revenue over the course of coming years.

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According to the report, the market attractiveness of amplifying stethoscopes is strongly backed by the increasing number of launches of new electronic stethoscopes by a number of small- and medium-sized companies. Electronic stethoscopes are rapidly replacing conventional variants across developed countries, predominantly owing to accelerated regulatory approvals.

  • eKuore had launched the first wireless stethoscope for medical use.
  • Eko had launched the first Android–connected digital stethoscope.
  • In April 2018, Steth IO launched a digital smartphone-enabled stethoscope.

According to the report, approximately 60% of the electronic stethoscopes that are sold are enabled with Bluetooth technology and an integrated chest piece system. The former is however poised to witness a higher rate of adoption over the coming years.

North America Continues to Lead the Global Market for Electronic Stethoscopes

North America holds a considerable revenue share in the electronic stethoscopes market. With advancements in technology and the presence of a large number of healthcare facilities, electronic stethoscopes are being widely used in the region. Their ability to provide amplified sound output as well as reduce external sound makes it easy for medical professionals to detect sounds and provide proper treatment to patients.

FMI’s study has profiled some of the key companies operating in the global electronic stethoscopes market, including Eko Devices, eKuore, GlobalMed, 3M, Welch Allyn, Ambisea Technology Corp., Meditech Equipment Co., Ltd, HD Medical, Thinklabs, ADInstruments, and Cardionics Inc.

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Electronic Stethoscope Market by Category Product: 

  • Amplifying Stethoscopes
  • Digitizing Stethoscopes

End User:

  • Hospitals
  • Clinics
  • Medical Institutes
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Medical Camps
  • Catheterization Laboratories

Application:

  • Integrated Chest-Piece System
  • Wireless Transmission System (Bluetooth)
  • Integrated Receiver Head-Piece System
  • Other

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Automotive Suspension Control Arms Market worth US$ 63 Bn by 2032 | FMI

This Automotive Suspension Control Arms 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 Automotive Suspension Control Arms market.

Automotive suspension control arms are also known as A-arms. Automotive suspension control arms are hinged suspension link between the chassis and the suspension hub that carries the wheel. Automotive suspension control arms include both upper and lower arms. Automotive control arms support each wheel and provide a smooth ride to passenger/driver. Most of the vehicles have either one or two suspension control arms per wheel, on both rear and front suspension.

Generally, front-wheel drive vehicles use only lower suspension control arms, while SUVs, four-wheel drive, trucks and buses have both upper as well as lower suspension control arms. Presently, manufacturers of automotive suspension control arms are focusing on lightweight materials for reducing the weight of the component which increases the fuel efficiency of the vehicle.

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Automotive Suspension Control Arms Market: Regional Overview

Automotive suspension control arms market is segmented into seven geographical regions including North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa. East Asia is expected to hold a significant share in the automotive suspension control arms market owing to increasing sales of compact passenger cars across the region. In China, the government reduces the tax rate on compact passenger cars which positively impact the sales of passenger cars. Moreover, increasing the adoption of electric vehicles in East Asia also positively affects the growth of the automotive suspension control arms market over the forecast period. East Asia is expected to grow with the relatively high growth rate over the assessment period due to the increasing spending power of the middle-class population and also rise in the standard of living. This factor is expected to fuel the growth of passenger car which affirmatively accelerates the growth of automotive suspension control arms market. North America & Europe are also estimated to account for the significant share in the global automotive control arms market owing to the presence of numerous automotive manufacturers across the regions. Further, Latin America, Middle East & Africa are also estimated to grow with the healthy CAGR over the assessment period.

Automotive Suspension Control Arms Market: Market Players

Examples of some of the market participants in the global Automotive Suspension Control Arms market identified across the value chain includes:-

  • Magneti Marelli S.p.A.
  • Bangkok Eagle Wings
  • Nissan Kogyo Co., Ltd.
  • Fawer Automotive Parts Limited Company
  • BordWarner TorqTransfer Systems Beijing Co., Ltd
  • Sumitomo Riko Co., Ltd.
  • Donghee Slovakia s.r.o.
  • TRW
  • Hutchison S.A.

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The Automotive Suspension Control Arms market report covers exhaustive analysis on:

  • Automotive Suspension Control Arms market segments
  • Automotive Suspension Control Arms market dynamics
  • Automotive Suspension Control Arms market Size
  • Automotive Suspension Control Arms market supply & demand
  • Automotive Suspension Control Arms market current trends/issues/challenges
  • Automotive Suspension Control Arms market Competition & Companies involved
  • Automotive Suspension Control Arms market technology
  • Automotive Suspension Control Arms market value chain

Regional analysis includes:

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

Automotive Suspension Control Arms Market: Segmentation

Automotive Suspension Control Arms market can be segmented by variants and vehicle type

On the basis of variants

  • Lower Arms
  • Upper Arms

On the basis of vehicle type

  • Passenger Cars
  • Compact
  • Mid-Size
  • SUV
  • Luxury
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

On the basis of variants

  • OEM (Original Equipment Manufacturers)
  • Aftermarket

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Automotive Suspension Control Arms market 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

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Spark Plug Accessories Market is Anticipated to Register 8.23% CAGR through 2032

Spark Plug Accessories is a necessary component for all gasoline driven vehicles used in the fuel ignition system. Spark plug generates an electric spark which ignites the air fuel mixture present inside the combustion chamber. Spark plug accessories includes boots, wires, caps, ignition coils, thumb nuts and socket. In two wheelers only one spark is used in the engine more commonly. However, motorcycles with DTSI (Digital Twin Spark Ignition) engine technology are gaining significant traction across the globe. In four wheelers the number of spark plugs per vehicle depend on the number of cylinder used in the engine. Owing to increasing automotive production and fleet, the demand for Spark Plug Accessories is estimated to increase at a significant pace. This, in turn, is expected contribute to the growing market of Spark Plug Accessories across the globe.

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Spark Plug Accessories Market: Dynamics

The sales of Spark Plug Accessories is directly or indirectly dependent on the production and fleet of automotive and motorcycles. Growing demand for passenger cars in several developing countries is estimated to propel the demand for spark plug accessories during the forecast period. Spark plug accessories have a short operational life due to extreme conditions in which they operate. These plugs usually need to be replaced frequently, as worn out plugs can cause high fuel consumption due to incomplete combustion of fuel, poor starting, and poor acceleration during high speed driving. There is no set time frame for replacement of spark plug accessories. However, the recommended replacement time for conventional spark plug is at a mileage of every 30,000 to 45,000 miles. This in turn is estimated to fuel the demand for spark plug accessories in the aftermarket sales channel segment.

Spark Plug Accessories Market: Regional Outlook

Spark Plug Accessories market depends upon the performance and sales of end use applications such as passenger cars, light commercial vehicles, heavy commercial vehicle and two wheelers across all the regions, Asia Pacific, North America and Western Europe owing to have significant production rate for automotive industry, will draw the major market share in the current and upcoming years. The potential of the market in Middle East and Africa, Latin America and Eastern Europe region will be on the slowest side from all the others region due to low manufacturing activities in the automotive sector and lack of reliable, robust supply chain

Spark Plug Accessories Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Spark Plug Accessories market include:

  • Lectric Limited
  • ACDelco
  • Federal-Mogul Motorparts LLC (Champions Auto Parts)
  • Holley Performance Products
  • NGK Spark Plugs
  • Pertronix Ignition Products
  • Taylor Cable Products, Inc.

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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)

Spark Plug Accessories Market: Segment

The global Spark Plug Accessories market has been segmented By Product Type, By Vehicle Type, By Sales Channel, and by End Use Industries

On the basis of Product Type, the global Spark Plug Accessories market has been segmented as:

  • Spark Plug Boot
  • Spark Plug Wire
  • Spark Plug Cap
  • Ignition Coil
  • Thumb Nuts
  • Spark Plug Socket

On the basis of Vehicle Type, the global Spark Plug Accessories market has been segmented as:

  • Automotive Spark Plug Accessories
  • Passenger Cars
  • Compact Cars
  • Mid-Sized Cars
  • SUVs
  • Luxury Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

On the basis of Sales Channel, the global Spark Plug Accessories market has been segmented as:

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Helicopter Wheels Market to record a strong CAGR of 7.2% during the forecast period

In Helicopters, there are mainly two types of landing gears that includes Wheels and Skids. Skids are used with smaller sized helicopter, where light weight of the helicopter is required. Conversely, wheels are used with larger and powerful helicopters.

Helicopter wheels provide significant forwards speed which skids cannot. Another advantage for helicopter wheels is that wheels can taxi without flying which is considered to be a safer option during engine failure. Owing to several benefits including better ground handling, higher load carrying capacity, provides rolling landing and take-offs and others, the demand for Helicopter Wheels is estimated to increase at a significant pace. This, in turn, may contribute to the growing market of Helicopter Wheels across the globe during the forecast period.

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Helicopter Wheels Market: Dynamics

As the growing number of air passenger is paving the way for the demand for new Helicopters, the continuous rise in air passenger growth is estimated to be the key factor driving the growth of the global Helicopter Wheels market where the sales of Helicopter Wheels is directly proportional to the sales and fleet of Helicopters. Rising demand for new Helicopters will drive the demand for Helicopter Wheels in First Fit Assembly segment during the forecast period. Increasing deliveries of helicopters is substantially contributing to the global Helicopter fleet size. With rising number of Helicopters in use, the demand for repair, service and maintenance of various components, parts and systems including wheels is estimated to significantly drive the Retro fit assembly segment of global Helicopter Wheels market during the forecast period.

Helicopter Wheels Market: Key Participants

There are limited number of manufacturers operating in the Helicopter Wheels market. Examples of some of the market participants identified across the value chain of the global Helicopter Wheels market include:

Aero Wheel and Brake Service Corporation

  • Safron Group
  • Collins Aerospace
  • Beringer Aero
  • Honeywell Aerospace

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The report covers exhaustive analysis on:

  • Helicopter Wheels Market Segments
  • Helicopter Wheels Market Dynamics
  • Helicopter Wheels Market Size
  • Helicopter Wheels Supply & Demand
  • Helicopter Wheels Current Trends/Issues/Challenges
  • Helicopter Wheels Competition & Companies involved
  • Helicopter Wheels Technology
  • Helicopter Wheels 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)

Helicopter Wheels Market: Segment

The global Helicopter Wheels market has been segmented by Wheel Type, Helicopter Type, by Assembly Type

On the basis of Wheel Type, the global Helicopter Wheels market has been segmented as:

  • Single Wheel
  • Dual Wheel
  • Pod / Basket Wheel
  • Clipper Wheel

By type of Helicopter, the global Helicopter Wheels market is segmented into

  • Civil
  • Military
  • Commercial
  • Energy
  • Executive/VIP Transport
  • Law Enforcement
  • Helicopter Air Ambulance
  • Parapublic

On the basis of Assembly Type, the global Helicopter Wheels market has been segmented as:

  • Line Fit Helicopter Wheels
  • Retro Fit Helicopter Wheels

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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

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Train Auxiliary Rectifier Market: Top Trends and industry overview to watch for in 2032

The electric operation is preferred on railways since the auxiliary rectifier has high energy efficiency is higher than the diesel locomotive and does not require on board combustion. The high adhesive force and easy speed control also make easy electric operation suitable for train line running through the hilly station. Aforementioned factor expected to increase the demand of auxiliary rectifier in train application. Furthermore, the upcoming rail projects are also expected to drive the market of auxiliary rectifier market.

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Global Train Auxiliary Rectifier Market: Dynamics

The rising number of rail projects is expected to increased adoption and implementation of train auxiliary rectifier on a large scale. For instance, according to the international railway journal, 19 rail projects construction started in 2019 and expected to complete in 2033 across countries such as Britain, Russia, Sweden, Australia, China, Poland, Us, Turkey, Thailand, and Denmark. Growing electrification across countries like North America, Europe, and the Asia Pacific anticipated to boost the demand for auxiliary rectifiers, in turn will develop lucrative opportunities over the forecast period. Additionally, key manufacturing companies are looking to develop and manufacture auxiliary rectifiers in order to fulfil the need of customers, which is again propelling the growth of the global train auxiliary rectifier market.

Global Train Auxiliary Rectifier Market: Market Participants

Some of the key players involved in the global train auxiliary rectifier market include ABB group, Siemens Mobility GmbH, Hind Rectifiers Limited, Meidensha Corporation, Medcom, Fuji Electric Co., Ltd., Transformers & Rectifiers Ltd, Dovop Electric, Zhejiang Longxiang Electric, Shindengen Electric Manufacturing Co. Ltd, and some others.

Globally, the train auxiliary rectifier market is found to be highly consolidated in nature owing to the presence of the small number of players in the global market which provides key advantages to the manufacturer such as operational efficiencies and economies of scale.

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The report covers exhaustive analysis on:

  • Train Auxiliary Rectifier Market Segments
  • Train Auxiliary Rectifier Market Dynamics
  • Train Auxiliary Rectifier Market Size
  • Train Auxiliary Rectifier Volume Analysis
  • Train Auxiliary Rectifier Adoption Rate
  • Train Auxiliary Rectifier Current Trends/Issues/Challenges
  • Train Auxiliary Rectifier Competition & Companies involved
  • Train Auxiliary Rectifier 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, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Global Train Auxiliary Rectifier Market: Segmentation

Globally, the train auxiliary rectifier market can be segmented on the basis of product type, circuit, sales channel, etc.

Based on the Product Type, the global train auxiliary rectifier market can be segmented into,

  • Less than 500 KVA
  • 500 – 2000 KVA
  • More than 2000 KVA

Based on the Circuit, the global train auxiliary rectifier market can be segmented into,

  • Single phase
  • Three phase

Based on the Sales Channel, the global train auxiliary rectifier market can be segmented into,

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

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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 Train Auxiliary Rectifier market size in terms of 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 Train Auxiliary Rectifier market performance
  • Must-have information for Train Auxiliary Rectifier market players to sustain and enhance their market footprint

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Automotive Clear Coat Paint Market – Global Industry Analysis and Deeper Insights | FMI

As the automotive industry experiencing a substantial growth in recent years, automotive paint industry is also has undergone stagnant growth over the years. Automotive paint industry is segmented on the basis of coat types, which included basecoat, clear coat, primer coat and electro coat. Clear coat is one of the significant type in the automotive paint market.

Automotive clear coat paint is prominently uses for cars, automotive clear coat paint is imperatively a paint with no pigment in it so it appears as transparent. Automotive clear coat paint is applied over the top of color coat and most of the modern cars or luxury cars have them.

Automotive clear coat paint enhances the appearance of the vehicle and provides protection for the precious paintwork. It also helps to repair the minor imperfections of the vehicle and retain its value, owing to this significant applications the demand of automotive clear coat paint is growing rapidly.

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Automotive Clear Coat Paint: Dynamics

Growing number of modern vehicles and increasing demand of modern technology in both original equipment manufacturers and customers driving the global automotive clear coat paint market. The adoption of new technology in the automotive segment is increasing day by day across all the regions which is a positive factor in the growth of automotive clear coat paint market. Automotive clear coat paint restrains the value of vehicle which is a significant application that drives the global clear coat market.

However, rising raw material values and increasing transportation costs hampering the growth of automotive clear coat paint market in a large extent, which is a matter of concern.

The prominent manufacturers are focusing on development of waterborne UV-A curable clear coat, which uses for car refinish purpose, this clear coat formulation are specifically based on maleimide functional poly urethane or developed acryloyl dispersions, these formulation is necessary for obtaining optimal film generation which result in other film properties and good appearance.

Automotive Clear Coat Paint: Market Participants

Some of the significant key players involved in the Automotive clear coat paint market included BASF SE, PPG Industries, Axalta Coating, The Sherwin-Williams Company, Valspar Corporation, AkzoNobel NV, KCC Corporation, Nippon Paint Holdings, Jotun A/S, Kansai Paint Co., Ltd., The Eastwood Company, Performance Paints Ltd, Nordson Corporation, Mile High Powder Coating, Inc. and others.

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Automotive Clear Coat paint: Segmentation

Globally, the automotive clear coat paint market can be segmented on the basis of product type, application and vehicle type

Based on the product type, the automotive clear coat paint market can be segmented into,

  • Urethane
  • Polyurethane
  • Acrylic
  • Others

Based on the application, the automotive clear coat paint market can be segmented into,

  • Basic clear coat
  • Advanced clear coat

Based on the vehicle type, the automotive clear coat paint market can be segmented into,

  • Passenger cars
    • Compact
    • Midsize
    • Luxury
    • SUV
  • Commercial vehicles
    • LCV
    • HCV

The report covers exhaustive analysis on:

  • Automotive Clear Coat Paint Market Segments
  • Automotive Clear Coat Paint Market Dynamics
  • Automotive Clear Coat Paint Market Size
  • Automotive Clear Coat Paint Volume Analysis
  • Automotive Clear Coat Paint Adoption Rare
  • Automotive Clear Coat Paint Current Trends/Issues/Challenges
  • Automotive Clear Coat Paint Competition & Companies involved
  • Automotive Clear Coat Paint 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, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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 Bi-metallic Band Saw Blade market size in terms of value and volume
  • 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 Bi-metallic Band Saw Blade market performance
  • Must-have information for Bi-metallic Band Saw Blade market players to sustain and enhance their market footprint

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Aircraft Cabin Interior Market to grow at a rate of 2.70% by 2031-end | Get Customized Reports

According to ESOMAR-certified Future Market Insights’ (FMI), the aircraft cabin interior market is expected to expand at 2.70% CAGR throughout the forecast period 2021-2031. The market is highly competitive with United Technologies Corporation, Safran S.A., Diehl Stiftung & Co. KG, HAECO Group, Honeywell International, Inc., and Panasonic Avionics Corporation encompassing around 50% of global market shares.

According to International Civil Aviation Organization, incorporation of low-cost carrier aircrafts in air transport sector has significantly influenced the aircraft cabin interior market. Thriving tourism sector, increase in air traffic, and growing flight iteration are factors driving the market growth.

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Surge in new aircraft orders and rising popularity of in-flight entertainment system and aesthetic lighting system will proliferate the market demand in upcoming years. Aircraft cabin interior market is anticipated to grow at a healthy pace owing to increasing demand for custom, luxurious, and comfortable cabin interiors with comfortable and smart seating systems.

Establishment of aircraft manufacturing facilities and associated activities in emerging economies will create lucrative growth opportunity in the global aircraft cabin interior market during the forecast period.

COVID-19 pandemic hampered the aviation industry due to imposition of lockdown and suspension of domestic and international flights across the globe. Increase in overall weight of aircraft, stringent safety regulations and absence of profitable airline services in emerging companies are hindering the market growth.

Key Takeaways from FMI’s Aircraft cabin interior Market Study

  • Rapid production of commercial aircrafts and presence of leading market players in U.S. along with increasing foreign direct investment in aviation industry will bode well for the aircraft cabin interior market growth in U.S.
  • Automotive aircraft cabin interior is expected to grow at a healthy rate in Russia owing to increasing delivery of foreign aircrafts and rising demand for maintenance, and overhauling of multiple components in such aircrafts.
  • Development of narrow body aircrafts by China along with establishment of production centers in the country due to cheap labor and abundance of resources will boost the aircraft cabin interior market growth
  • Growing government initiatives and rising per capita income of the people will promote adoption of air transport, thus driving the aircraft cabin interior market growth in India.
  • Rapid modernization in aircraft components and interiors, retrofitting of interior cabins, and increasing demand for maintenance, overhaul and repair of aircrafts using new materials will boost the aircraft galley market growth.
  • Increasing demand of commercial aircrafts, growing consumer inclination towards air travel to save time and growing trend of customized interior are further accelerate the growth of the aircraft cabin interior aftermarket distribution channel.

“Rapid increment in air passenger traffic and high demand for new aircrafts will create novel growth opportunities for aircraft cabin interior market growth throughout the forecast period,” says the FMI analyst.

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Competitive Landscape

Strict safety regulations are hindering the entrance of new market players in the aircraft component manufacturing. Long development cycle along with partnerships to leverage certain field expertise will promote the entry on new market players.

Market players are working to ensure sustainable supply chain in maintained in this constantly fluctuation aerospace industry. OEMs are collaborating with small companies that specialize in lighting system and seat manufacturing.

Key market players are working towards overcoming the delivery delays by expanding their supplier base. They are also looking towards strategic acquisition and penetrate emerging markets through new product development.

Diehl Stiftung & Co. KG developed a new airspace cabin for Airbus A320neo Family on behalf of its customer Airbus in June 2021. The new cabin offers more comfortable seating to the passengers along with largest luggage compartment.

Diehl Aviation also adopted new cabin lining and designed a novel lighting concept coupled with virtually touch free lavatories.

Prominent players operating in the aircraft cabin interior market are United Technologies Corporation, Zodiac Aerospace S.A., HAECO Group, Diehl Stiftung & Co. KG, Aviointeriors S.p.A., Geven S.p.A., Bucher Group, Panasonic Avionics Corporation, Turkish Cabin Interior Inc., SCI Cabin Interiors, Factorydesign, and Honeywell International Inc.

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Aircraft cabin interior Market – Report Scope

Attribute Details
Forecast Period 2021 – 2031
Historical Data Available for 2018 – 2028
Market Analysis US$ Mn for Value & Units for Volume
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered Sales Channel, Material Type, End use, Product Type, Region
Key Companies Profiled
  • United Technologies Corporation
  • Zodiac Aerospace S.A.
  • HAECO Group
  • Diehl Stiftung & Co. KG
  • Aviointeriors S.p.A.
  • Geven S.p.A.
  • Bucher Group
  • Panasonic Avionics Corporation
  • Turkish Cabin Interior Inc.
  • SCI Cabin Interiors
  • Factorydesign and Honeywell International, Inc.
Report Coverage Market Overview, Market Background, Market Forecast, Segmental Analysis, Regional Profiling and Competition Analysis
Customization & Pricing Available upon Request

Key Points Covered in Aircraft Cabin Interior Market Study

  • Market estimates and forecast 2021 – 2031
  • Key drivers and restrains impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competitive Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact On Aircraft Cabin Interior Market
  • Recommendation on Key Winning Strategies

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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