The ASEAN Safety Sensors And Switches Market Is Set To Register An Impressive CAGR Of 10.2% Between 2022 And 2028

In 2022, the ASEAN region’s market for safety sensors and switches is anticipated to be worth about US$891 million. The overall market is predicted to grow at an impressive CAGR of 10.2% between 2022 and 2028, reaching a valuation of US$ 1.59 Bn by 2028, as safety sensors and switches are increasingly being adopted to reduce individual and institutional damage.

Demand for better safety equipment is growing as ASEAN nations like Indonesia and Singapore experience rapid industrialization. The market is growing as safety sensors and switches are increasingly used.

With a dominant share of 34.7% in 2022, Indonesia will continue to rule the ASEAN safety sensors and switches market. The market for safety sensors and switches in Indonesia is being driven by the implementation of strict government regulations as well as the rising adoption of modern automatic technologies.

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Overview of the Safety Sensors and Switches Market Report Chapters

The safety sensors and switches market report begins with an executive summary covering a gist of the report. The executive summary highlights the ASEAN safety sensors and switches market overview in terms of value through various segments. The section also covers key supply- and demand-side trends in the ASEAN safety sensors and switches market. This section also outlines a technology roadmap with the introduction, adoption, and current developments in the safety sensors and switches market.

The next section of the safety sensors and switches market report begins with the market definition, market taxonomy, and research scope of the safety sensors and switches market.

The next section that follows in the ASEAN safety sensors and switches market report includes the macroeconomic factors, along with value chain analysis, drivers, restraints, trends, and opportunities that are having a profound rate of influence on the growth of the safety sensors and switches market. Information has been backed up with suitable examples and facts as obtained from official and authentic data credentials in the safety sensors and switches market.

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ASEAN Safety Sensors and Switches Market: Segmentation

By Category 

  • Basic Switches
  • Limit Switches
  • Pressure Sensors and Transducers
  • Hall-Effect and Magnetoresistive sensors
  • Electro-magnetic relays
  • Barcode Scan Engines

By Installation

  • New
  • Retrofit

By Country

  • Malaysia
  • Singapore
  • Indonesia
  • Thailand
  • Vietnam
  • Philippines

By End Use

  • Industrial
    • Automotive
    • Power Generation
    • Mining & Metal
    • Food & Beverage
    • Packaging
    • Pharmaceutical
  • Commercial
    • Office
    • Defence & Government Establishments
    • Hotels & Hospitals
    • Airports & Stations
    • Others (Private/ Academic Institutes, Commercial Shopping Complexes)
    • Residential

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The Market For Aircraft Sequencing Systems Is Forecast To Grow At A Double-Digit Rate.

FMI has released a report titled ‘Aircraft Sequencing System Market – Global Industry Analysis 2013-2017 and Market Forecast 2018-2027.’ The aircraft sequencing system market is expected to grow at a significant 11.5 percent CAGR during the forecast period, owing primarily to increased air traffic and constantly improving commercial airline spending globally.

While North America and Europe will remain the most important regional hubs for aircraft sequencing market participants in the coming years, developing countries in APAC and MEA have been identified as attractive investment pockets for aircraft sequencing system market participants. Apart from its significant contribution to global air traffic and trade, North America’s market leadership in this sector is attributed to the strong presence of prominent vendors.

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The aircraft sequencing system market in the Asia Pacific is estimated to witness promising growth in coming years, with governments of fast developing economies such as China and India augmenting their aviation spending. Increasing trade activities involving some of the other prominent Asian countries such as Australia, Singapore, Malaysia, and others will also contribute heavily to the growth of the aircraft sequencing system market within APAC.

MEA’s aircraft sequencing system market is likely to emerge lucrative in line with the flourishing tourism industry within the region. Moreover, the increasing spending on military airports and growing usage of airfreight transportation will strongly boost aircraft usage in MEA, further pushing the revenue growth of the aircraft sequencing systems market.

Thriving World Trade & International Business Relations to Accelerate Adoption of Aircraft Sequencing Systems

Air traffic is expected to increase during the forecast period, attributed to the increasing world trade among various countries including the US and UK, UAE, Kuwait, China, India, South Africa, Brazil, and others. Moreover, the number of airports in these countries is expected to increase due to increasing world trade.

Furthermore, international business relations are becoming stronger due to globalization and the expansion of MNCs. The aforementioned factors are expected to significantly contribute to the growth of the aircraft sequencing system market during the forecast period.

Long-term Contractual Agreements to Trend in Competition Landscape of Aircraft Sequencing System Market

According to FMI’s analysis, some of the market participants in the global aircraft sequencing system market report include Harris Corporation, Amadeus IT Group SA, ATRiCS Advanced Traffic Solutions, GmbH & Co. KG, Thales Group, Eurocontrol, Airtopsoft (Transoft Solutions Inc.), PASSUR, Aerospace, Collins Aerospace (United Technologies), ADB SAFEGATE (Carlyle Group), and Copperchase Limited.

In addition to focusing on delivering seamless customer experience round the clock, key companies in the aircraft sequencing system market are emphasizing long-term contracts with the end users of aircraft sequencing systems. The latter is likely to remain a prominent developmental strategy in the competitive landscape of global aircraft sequencing systems market, according to the report, and will supplement efforts of companies in revenue generation through innovations.

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Key Segments for the Aircraft Sequencing System Market:

By Component

  • Software
  • Services

By Type of Airport

  • Domestic
  • International

By Application

  • Commercial
  • Military
  • Training Institute

 Regions Covered in the Aircraft Sequencing System Market Report:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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

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The Solar Shading Systems Market Is Anticipated To Reach $3,931.3 Billion By The End Of 2027. (FMI)

Solar shading systems provide shading as well as strong architectural features and solutions for intense solar radiation. In order to comply with the most recent solar shading technologies, roofing materials and roofing shingles have undergone significant advancements.

As creative and effective methods of shading spaces, solar shading systems continue to experience a sharp increase in sales. Solar shading systems have become increasingly popular among consumers and owners of commercial space as a result of the widespread concern about global warming.

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The major players in the solar shading systems market offer installation services as well as post-sale services related to maintenance and repair tasks as part of their product offerings.

The market’s top players for solar shading systems are also concentrating on offering automated systems in association with integrated service providers. Airports, train stations, shopping centres, and tourist destinations are some of the lucrative application areas for solar shading systems that have sped up adoption in recent years.

Sales of Solar Shading Systems Are Increasing In Tandem With Urbanization’s Upward Trend.

The expansion of the real estate sector into suburban areas and the resurgence of infrastructure development activities point to opportunities for the solar shading systems market’s players in the near future.

The expansion of smart city initiatives worldwide and the promising prospects of the service sector are additional growth drivers of the solar shading systems market. Commercial spaces are being encouraged to invest in solar shading systems and pertinent smart devices as a result of the expanding carbon footprint of the industrial sector and the mounting pressure of power demand on energy grids.

Construction of Smart Homes and Smart Architecture: The Market for Solar Shading Systems

The idea of a smart building has become increasingly popular as part of the infrastructure of the future city. The market for solar shading systems is anticipated to expand alongside the popularity of smart homes, as these homes generate demand for both aluminum-based and various types of fabrics.

Solar shading systems are used as a crucial component of the infrastructure in commercial buildings based on the smart home concept, which will support market growth in the near future. The increase in home improvement projects has indirectly fueled the use of smart technology and tools to address issues with solar radiation.

Market for Solar Shading Systems: Investing in Home Improvement to Maintain Sales

Spending on enticing luxury and comfort has multiplied in recent years due to the improving global economic climate and rising GHDI of consumers. Home interiors are not an exception to this rule, with recent studies indicating a sharp increase in activities related to home aesthetics. Leading suppliers of solar shading systems are responding to the trend by releasing eye-catching designs that are suitable for consumers’ changing needs.

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Key players operating in the solar shading systems market include WAREMA Nederland B.V., Glasscon GmbH, Thermosash , Alumet, Insolroll controller, Alliance Shadin, Roda Licht- und Lufttechnik Gmb, Comhan, InSync Solar, LINAK, Draper, Inc, Glazing GmbH, Solar Shading Systems, Inc., Construction Specialties, Coltinfo.co.uk, SWFcontract., Norsk Hydro ASA, and Duco Ventilation & Sun Control.

These companies are expected to provide a significant number of quality products, and highly influence the growth of the solar shading system market during the forecast period.

Solar Shading System Market: Key Segments

By application area:
  • Residential
  • Commercial
  • Industrial
By component type:
  • Aluminum-based
  • Fabric-based
  • Others
By technology:
  • Battery Powered
  • Manual
  • Smart Power Source
Key regions covered:
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

About Future Market Insights (FMI)

Future Market Insights (ESOMAR Certified Market Research Organization And A Member Of The Greater New York Chamber Of Commerce) Provides In-Depth Insights Into Governing Factors Elevating The Demand In The Market. It Discloses Opportunities That Will Favour The Market Growth In Various Segments Based On Source, Application, Sales Channel And End-Use Over The Next 10 Years.

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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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Stain-Resistant Fabric Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

The global textile industry is being considered as one of the largest industry in the global market. In 2017, the industry was being valued at US$ 3 trillion which also includes the production, refinement as well as sale of synthetic and natural fibers used in various industries.

The global textile market is further segregated into fibers, yarn, fabrics and garment sectors. China accounts to largest global production share for textile products. Fabric industry has endured large scale application in both the household and industrial sectors.

With continuous improvement implemented on fabric product, the target segment or the target customer look out for high quality fabric materials which are odor resistant, moisture resistant as well as stain-resistant fabric material. Taking in account on consumers’ needs and preferences, some of the major fabric companies now strategizes on coming up with such multi-functional fabric products.

Global Stain-Resistant Fabric Market: Reasons for Covering this Title

Fabric industry has endured large scale application in various industrial sectors such as retail, commercial (offices), hospitality industry as well. These sectors expect a clean and tidy environment, thus fabrics used in these institutes are also taken into serious consideration in terms of cleanliness.

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Owing to which, manufacturers now come up with stain-resistant fabrics which caters to its target customers’ needs and demand. There are various critical benefits associated with the utilization of stain-resistant fabric materials such as long lasting durability, easy to handle, resistance to waterborne stains, sunlight, insects, abrasion and mildew.

Stain-resistant fabric has also witnessed its application in sports industry as performance fabric providing critical functionalities such as instant drying, odor control, wicks preparation away from body, soft and breathable.

Global Stain-Resistant Fabric Market: Key Players

Some of the key players operating in the global Stain-Resistant Fabric market are Crypton LLC., Revolution Performance Fabrics, Bru Textiles n.v., Nanotex LLC, Dropel Fabrics, SuperFabric, The Chemours Company, Abercrombie Textiles, LLC among others.

Stain-Resistant Fabric Market: Key Trends

Most of the major shareholding companies in the stain-resistant fabric market focuses on extending its product portfolio and simultaneously promote its product in international exhibition as well as key corporate events.

Stain-Resistant Fabric Market: Key Developments

  • In 2018, Crypton LLC launched of several new collection of stain-resistant fabrics at Showtime fabric event in the month of June.
  • In 2016, Crypton LLC announced the launch of Crypton Home Performance EVERYDAYLINEN™ which is soft, durable and stain resistant. The company made its products available in various stores, catalogs as well as online stores.

Opportunities for Stain-Resistant Fabric Market Participants

In various production plants of various industries such as automobile sector, the chemical sector usually incurs dirt on clothes of workers employed at the production line. Moreover these industries strictly adheres to Good Manufacturing Practices which also considers clean and tidy environment of working place.

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Hence in these industries, there is always demand for stain-resistant fabric oriented clothing. As a result, global stain-resistant fabric market sights opportunity in major industries such as the automobile sector, chemical sector etc. Even in the sports industries, players tend to sweat, incur dirt or stain while playing.

Thus, contract manufacturers always make use of stain-resistant fabric for the production of sports jerseys. Hence this critical factor provide provides immense opportunity for global stain-resistant fabric to grow rapidly in terms of value sales in the global market.

Brief Approach to Research for Stain-Resistant Fabric Market

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

The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Stain-Resistant Fabric market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the Stain-Resistant Fabric market, including background and evolution
  • Macroeconomic factors affecting the Stain-Resistant Fabric market and its potential
  • Stain-Resistant Fabric Market dynamics, such as drivers, challenges, and trends
  • Detailed value chain analysis of the Stain-Resistant Fabric market
  • The cost structure of the products and segments covered in the study for Stain-Resistant Fabric Market
  • In-depth pricing analysis, by key product segments, regions and by major Stain-Resistant Fabric market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario for Stain-Resistant Fabric
  • Analysis of the Stain-Resistant Fabric market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the Stain-Resistant Fabric market, including detailed profiles of the top players in this market

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/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

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.

Global Stain-Resistant Fabric: Market Segmentation

On the basis of types, the global Stain-Resistant Fabric market has been segmented as –

  • Cotton
  • Silk
  • Velvet
  • Denim
  • Laminated fabric
  • Stretch fabric
  • Polyester
  • Nylon
  • Woven fabric
  • Others

On the basis of application, the global Stain-Resistant Fabric market has been segmented as –

  • Household
  • Commercial
  • Hospitality
  • Educational Institutes
  • Others

On the basis of the distribution channel, the global Stain-Resistant Fabric market has been segmented as –

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

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

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Automotive Timing Chain & Belt Market projected to surpass a valuation of US$ 10.20 Bn by the end of 2027 | FMI

The global automotive timing chain and belt market was pegged at 114,517 ‘000 units in 2022 and is expected to reach 166,277 ‘000 units by the end of 2027. The market is projected to increase at a volume CAGR of 3.8%. According to a new report by Future Market Insights titled “Automotive Timing Chain & Belt Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2022–2027),” global sales of automotive timing chains and belts was valued at US$ 6,754.7 Mn in 2022 and is projected to increase at a CAGR of 4.2% over the forecast period to be valued at US$ 10,209.9 Mn by 2027. This growth is primarily driven by an increase in vehicle production across key geographies.

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Global Automotive Timing Chain & Belt Market: Dynamics

  • Urban logistic control increases the demand for automotive belts and chains
  • Growing lifespan of used automobiles to boost the automotive aftermarket sales of automotive timing systems
  • Shift of component manufacturers’ focus towards existing opportunities in Eastern Europe is driving expansion of the local production base
  • Research, development and innovation of automotive time/chain components is a key growth driver

Global Automotive Timing Chain & Belt Market: Forecast by Product Type

On the basis of product type, the global automotive timing chain and belt market is segmented into chain, roller chain, non-roller chain, belt, dry belt, and belt in oil. Belt, followed by the chain segment, remains lucrative and will dominate market demand over the forecast period, primarily due to the fact that these products offer longer life and efficient operations in real-time working conditions in all vehicle types.

Global Automotive Timing Chain & Belt Market: Forecast by Vehicle Type

On the basis of vehicle type, the global automotive timing chain and belt market is segmented into passenger car, LCV, HCV, and off highway vehicle. The passenger car segment is anticipated to emerge as an opportunistic segment due to the growing consumer preference for advanced and more efficient timing chains and belts.

Global Automotive Timing Chain & Belt Market: Forecast by Engine Type

On the basis of engine type, the global automotive timing chain and belt market is segmented into gasoline and diesel. By engine type, in terms of volume, gasoline engine is expected to remain the most attractive segment in the global automotive timing chain and belt market over the forecast period, growing at a volume CAGR of 3.7%.

Global Automotive Timing Chain & Belt Market: Forecast by Sales Channel

On the basis of sales channel, the global automotive timing chain and belt market is segmented into OEM and aftermarket. The OEM segment is anticipated to gain prominent market share during the forecast period as OEM sales are directly proportional to the production rate of vehicles globally. Moreover, the increasing production of vehicles in the emerging economies in Latin America and MEA is likely to propel the demand for automotive timing chains and belts.

Global Automotive Timing Chain & Belt Market: Forecast by Region

APEJ is a prominent regional market and is anticipated to dominate the global demand for automotive timing chains and belts, followed by Western Europe. Noteworthy increase in sales in markets such as China, India, Mexico and Turkey among others is expected during the forecast period.

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Market Segmentation

Vehicle Type

  • Passenger Car
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Off Highway Vehicles

Product Type

  • Chain
    • Roller Chain
    • Non-roller Chain
  • Belt
    • Dry Belt
    • Belt In Oil

Engine Type

  • Gasoline
    • Inline Engine
    • V-Engine
  • Diesel
    • Inline Engine
    • V-Engine

Sales Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Region

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)

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Global Automotive Timing Chain & Belt Market: Key Players

Some of the key players operating in the global market for automotive timing chains and belts include Tsubakimato Chain Co., BG Automotive, Continental AG, BorgWarner Inc., Denso Corporation, Schaeffler Technologies AG & Co. KG, Mitsuboshi Belting Ltd., L.G. Balakrishan & Bros Ltd, Daido Kogyo Co. Ltd., SKF AB, Iwis Group, Gates Corporation, Dayco Products LLC, Qingdao Choho Industrial Co. Ltd., Rockman Industries Ltd., Sumax Industry Limited, CIC USA Corp, KCM Automobile Transmission Co. Ltd., and Mahle GmbH.

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Americas COVID-19 Testing Market is projected to surpass US$ 7,264.4 Mn by 2031 | Get Insights FMI

[200 Pages Report] The market is set to expand due to frequent mutations in the virus that may lead to further outbreaks. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the COVID-19, besides offering effective patient care.

Some of the leading players in the Americas COVID-19 testing market include but are not limited to Sky Medical Supplies & Equipment LLC., Sugentech, Inc., Novacyt Group, Aurora Instruments Ltd., PRIMA Lab SA, SD Biosensor, INC., Gold Standard Diagnostics, Eurofins Technologies, Biomerieux SA, and Danaher.

According to Future Market Insights (FMI), the demand for COVID-19 testing is expected to reach a valuation of US$ 4,507.8 Mn in the Americas by the end of 2021. The pandemic is spreading on a global scale at a very high pace. It can cause various health concerns including cardiovascular diseases, kidney failure, and more.

To overcome the problems related to COVID-19, it is important to diagnose the ailment at an early stage of infection. According to the World Health Organization (WHO), more than 180 million positive cases of COVID-19 were diagnosed till June 2021. The rate of positive cases can be controlled with early diagnosis and treatment.

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SARS-CoV-2 antigen rapid test kits are the most common type of test that accounted for value USD 2,903.0 Mn in 2020. It is widely accepted due to convenience, ease and rapid nature in the diagnosis process.

The demand for point of care testing is increasing due to advantages such as lower time requirements, at home services, and cost effectiveness. These factors are going to bolster the demand for point of care testing during the forecast period. For instance, on 28 July 2020, Roche announced the launch of the SARS-CoV-2 Rapid Antibody Test in collaboration with SD Biosensor Inc.

With the launch of vaccines and development of mass vaccination programs by governments, the number of COVID-19 cases is expected to drop by the end of 2021, however, it is expected that testing will continue even as lockdown in many countries will be lifted. Key players are focused on strengthening their mergers and acquisitions with new discoveries of technologies.

Key Takeaways from COVID-19 Testing Services Market Study

  • SARS-CoV-2 antigen rapid test kits are expected to account for over 67% the Americas COVID-19 testing market share by 2031, owing to higher efficacy in diagnostics.
  • Hospital pharmacies accounted for more than 32% of the market share in 2021. The soaring influx of patients for treatment and intensive care support has driven growth.
  • Canada will reflect relatively steady growth with a 4.8% CAGR, driven by the matured, government funded healthcare system.
  • The U.S. will reflect fast growth at a CAGR around 5.7% through 2021-2031. U.S. holds the lead owing to, high healthcare expenditure, and the presence of leading players.
  • Brazil is the leading country in Latin America, estimated to account for about 54% of the regional share in 2021, supported by easier access to required technologies.

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“The shift in focus from testing to vaccination is expected to hamper market growth in the near future. However, the focus on testing for international travel, frequent testing of medical staff and testing for patients with flu like symptoms are expected to continue aiding market growth,” says the Future Market Insight analyst.

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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 COVID-19 testing 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 the COVID-19 testing treatment market on basis of the test type in detail, cover every aspect of the market such as Test type, sample type, distribution channel across North America and Latin America region.

Americas COVID-19 testing Market by Category Test Type:

  • SARS-CoV-2 IgM/IgG Antibody Rapid Test Kits
  • SARS-CoV-2 Antigen Rapid Test Kits
  • Multiplex Real-Time RT-PCR Assay Kits

Sample Type:

  • Blood
  • Nasopharyngeal Swabs

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Distribution Channel:

  • Hospital Pharmacies
  • Diagnostic Laboratories
  • Retail Pharmacies
  • Drug Store
  • Online Sales Channels

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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Insulin Pens Market is rising at a CAGR of 4.4% during forecast period by 2031 | FMI

According to Future Market Insights (FMI), the demand for insulin pens is expected to rise considerably in the coming decade, enabling the market to surpass a valuation of US$ 30,407.5 Mn by the end of 2021.

Insulin pens are used by diabetes patients to avoid problems including cardiovascular diseases that may arise from this lifestyle-based ailment. To overcome problems related to conventional methods of insulin administration, insulin pens make the process easier and faster.

According to the WHO, approximately 1.2 million deaths were caused due to diabetes in 2019 globally. To reduce the number of deaths or sufferings due to diabetes, the development of innovative techniques and products for the treatment and maintenance of diabetes is essential.

Type 2 diabetes cases are common, but it can be prevented or delayed by a healthy diet, consistent physical activity, maintaining a standard body weight and avoiding the use of tobacco. Diabetes can be treated or managed with medicines and regular checking and treatment. Increasing focus on innovative medical products and research are increasingly driving a transition towards insulin pen by diabetes patients.

Leading manufacturers in the insulin pen market are strengthening their market position through collaborations with various health and research organizations. Governments in developed and developing countries are actively taking initiatives to encourage innovative medical products.

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For instance, in November 2020, Medtronic introduced CGM integrated smart insulin delivery pen to manage multiple daily dosage insulin injections. Similarly, Insulet expanded its offering of OmipodDASH into additional countries such as Sweden, Finland, Norway, and Denmark.

Key Takeaways from Insulin Pen Services Market Study

  • Reusable insulin pens are expected to account for over 49% the global market share by 2031, supported by a growing base of environment and cost-conscious consumers.
  • Hospital pharmacies will account for 33.8% of the market share in 2031. The soaring influx of patients for treatment and intensive care support supports growth.
  • The U.S. is projected to be the fastest-growing regional market with a CAGR of 5.6% through 2021-2031 owing to the matured healthcare sector of the country.
  • The U.K. and Germany are leading markets in Europe, accounting for more than 18% and 25% in 2021.
  • China is the largest and fastest growing market in East Asia, exhibiting a 4.7% CAGR through 2031.
  • Australia is leading the Oceania market, accounting for more than 85% of insulin pen revenues in 2021.

Who is Winning?

The global insulin pen market is set to expand due to the rising prevalence of type 1 and type 2 diabetes. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the ailment, besides offering effective patient care.

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Some of the leading players in the insulin pen market include but are not limited to NovoNordisk A/S, Sanofi, Eli Lilly, Diamesco Co., Ltd., BigFoot Biomedical, Inc, Medtronic plc, Emperra GmbH E-Health Technologies, YpsoMed AG, and DUKADA Aps.

Insulin Pens Market by Category

By Product Type:

  • Reusable Insulin Pen
  • Refillable Pens
  • Bluetooth Connected Smart Insulin Pen
  • USB Connected Smart Insulin Pen
  • Cartridge
  • Disposable Insulin Pens
  • Smart Insulin Pens Caps
  • Insulin Pump

By Indication:

  • Type 1
  • Type 2

Distribution Channel:

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Sales
  • Diabetes Clinic/Center

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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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Demand for Rivet Processing Tools Will Be Driven by Rising Housing Investments and Rapid Urbanization

The report covers comprehensive information on the market trends, value (US$ Mn) and volume (units), competition projections, recent developments and dynamics in the global rivet gun market for the duration between 2018 and 2028. The global rivet gun market is estimated to reach US$ 799.9 Mn by the end of forecast period, registering a CAGR of 6.1% in terms of value. The rising demand for pneumatic rivet guns and the increasing online sales of rivet guns are some of the key factors expected to boost the demand for rivet guns in the global market.

 Rivet Gun Market – Competition Landscape

The global rivet gun market is moderately consolidated with top market players holding single digit market shares as of 2017. The top ten players in the global rivet gun market are projected to collectively hold between a 25% and 30% market share.

In the past few years, the rivet gun market has witnessed significant developments from a competition perspective. Acquisitions, collaborations and expansion of production capacity are some of the key strategies adopted by market players to expand and sustain in the global rivet gun market.

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  • In August 2014, Atlas Copco North America, Asia-Pacific, and U.K. Holding company has completed the acquisition of all entities of self-pierce riveting specialist Henrob with main sirtes in the UK and the US
  • In March 2015, the company acquired Newell Brands’ Tools Business for US $1.95 billion to strengthen its position in the global tools industry

Some of the key manufacturers covered in this study on the global rivet gun market are GESIPA Blindniettechnik GmbH, Arconic Inc. Atlas Copco AB, Stanley Black & Decker, Inc., Rivetec s.r.o., Malco Products, SBC, Degometal, Fastening Systems International Inc., Ingersoll-Rand plc, LOBTEX Co., Ltd., JPW Industries Inc, Honsel Umformtechnik GmbH, FAR, Campbell Hausfeld and Astro Pneumatic Tool Company.

Rivet Gun Market: Segmentation

On the basis of product type, the global Rivet Gun market has been segmented into:
  • Pneumatic Rivet Guns
  • Manual or Hand Operated Rivet Guns
  • Battery Operated Rivet guns
On the basis of capacity, the global Rivet Gun market has been segmented into:
  • Light duty Rivet Guns (less than 3mm)
  • Medium duty Rivet Guns (3-5 mm)
  • Heavy Duty Rivet Guns (> than 5mm)
On the basis of operation type, the global Rivet Gun market has been segmented into:
  • Pop Riveting
  • Slow Hitting
  • Fast Hitting
On the basis of distribution channel, the global Rivet Gun market has been segmented into:
  • Online Sales
  • Offline Sales (Retailers, Distributors)
On the basis of end use, the global Rivet Gun market has been segmented into:
  • Automotive & Transportation
  • General Manufacturing
  • Electronics
  • Building & Construction
  • Others
On the basis of region, the global Rivet Gun market has been segmented into:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • Middle East & Africa
  • China
  • India
  • Japan

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

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Feminine Hygiene Products Market is likely to surpass US$ 54,189.6 Mn by 2031 | FMI

Government initiatives undertaken to spread awareness about women health and menstrual hygiene, besides brand consolidation strategies by leading producers and the adoption of modern lifestyles by women will push feminine hygiene products sales in the coming years.

According to the recent Future Market Insights (FMI) report, the global feminine hygiene products market value is estimated to surpass US$ 27.6 Bn in 2021, with a CAGR of 7.0% during the forecast period (2021-2031).

Around 49% of the global population is female and nearly 65% of them are aged between 15 and 65 years, thereby indicating a significant opportunity for manufacturers of feminine hygiene products.

Government organizations are focusing on women’s health and hygiene with the help of launch of various awareness programs and funding activities. These programs include detailed education about menstruation, puberty, and the advantages and health benefits of using hygiene products.

They are also providing sanitation kits to girls studying in government schools and colleges in rural areas, particularly in developing economies around the globe. For instance, in 2017, the Department of Education in KwaZulu-Natal (KZN) of South Africa set aside Rs 50 million to fund the distribution of sanitary towels and napkins to various schools in the region.

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Additionally, rising female populations in countries such as India, Ghana, and Nigeria will create lucrative opportunities. Concerns regarding disposal, have resulted in the introduction of reusable menstrual cups. These cups are made from medical grade silicon or latex and cost between US$ 20 and US$ 50 per pack and can last for nearly five years. Such innovations will give tailwinds to growth registered in the market.

The impact of the ongoing COVID-19 pandemic on production of feminine products has been negligible despite short term disruptions of transportation and logistics.

Key Takeaways from Feminine Hygiene Products Market Study

  • Sanitary napkins are the largest and fastest growing segment accounting for nearly half of the market by 2031, with a CAGR of over 8%.
  • Supermarket are projected to account for over 22% of the global market by 2031. This is attributed to robust supply channels for consumer health products.
  • East Asia is the largest revenue-generating region for feminine hygiene products, with the China accounting for nearly 81% of the regional market in 2021.
  • Germany holds the lead in Europe, and is expected to accounting for over 18% of the market in 2031.
  • South Asia is the second most lucrative market after East Asia with India accounting for over 75% of the value share in 2031.

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Who is Winning?

Some of the leading manufacturers of the feminine hygiene products market are focusing on mergers and acquisitions for global expansion. Thus, enhancing their market presence.

The key market players covered by FMI include Procter and Gamble, Johnson and Johnson, the Kimberly-Clark Corporation, Svenska Cellulosa Aktiebolaget SCA, Sanofi S.A, Lil-lets UK Limited, Ontex, Unicharm Corporation, Diva International Inc., and Edgewell Personal Care.

Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Feminine Hygiene Products Market by Category

Product type:

  • Sanitary Napkins
  • Tampons
  • Menstrual Cup
  • Panty liners
  • Feminine Hygiene Wash

Distribution Channel:

  • Hypermarket
  • Supermarket
  • Convenience Stores
  • Department Stores
  • Retail Pharmacies
  • Online Purchase

Region:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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