Buzz Pocket: June 2021

Tuesday, June 8, 2021

Opportunities: Smart Mirror Market Outlook: World Approaching Demand & Growth Prospect 2019-2025

Global smart mirror market is going to experience a massive growth during the forecast period. Hardware segment will become the most profitable. Automotive segment will be the most lucrative. North America will continue its lead.

According to a recent report published by Research Dive, the global smart mirror market is expected to garner a revenue of $ 4,415.4 million at a CAGR of 9.5% increasing from $2,046.4 million in 2018, during the forecast period. The exclusive report offers a brief outlook on the prevalent scenario of the market including significant facets of the market such as growth factors, market dynamics, challenges, restraints and numerous opportunities during the forecast period. The report also features all the market figures making it easier and helpful for the new participants to understand the market.

Market Dynamics

The increasing use of smart technologies among the urban population is considered to be the major growth driving factor of the smart mirror market. Smart mirrors offer add-ons to the smart devices with latest technologies. Another driving factor of the market is the developments in the automotive sector. Smart mirrors provide user the experience of riding with wide camera angle through the LCD screen connected on it. In this way, the driver can get a 360-degree view of his car while riding. These factors are contributing to the growth of the global smart mirror market.

Smart mirrors are too expensive which is expected to be the major restraint behind the growth of the market.

The report has divided the market based on component, end-use, and regional analysis.

Hardware segment will become the most profitable

Hardware segment accounted for $1,301.5 million in 2018, and is further expected to grow at a CAGR of 8.7% during the forecast period. Hardware is used mainly to perform the primary functions of a smart mirror such as image processing voice input as well as power consumptions. This is the main reason behind the growth of the sector.

Automotive segment will become the most lucrative

Automotive segment was $442.3 million in 2018 and is further anticipated to generate a revenue of $922.0 million by 2026. The purpose of smart mirror is to provide the driver a clear view of all the objects moving aside to the vehicle. In cars, two types of rear view mirrors are used: windshield rear view mirrors and side view mirrors. This way the driver can have a full view of road and the vehicles passing nearby.

North America to dominate the market

North America generated a revenue of $613.4 million in 2018 and is further expected to grow at a CAGR of 9.0% in the forecast period. North America has the highest purchasing power and have the most premium class user throughout the world. Rise in adoption of smart mirror technology in retail, smart homes, and consumer sectors will significantly boost the growth of the North America smart mirror market.

Key players of the market

The report enlists the most significant players of the global smart mirror market. They include -

Ficosa (Panasonic)
Dension Inc.
Murakami Corporation
Electric motors
Gentex Corporation
Japan display Inc.
Magna international Inc.
Samsung Electronics
Seura
Perseus motors

Gentex Corporation recently made an announcement about the acquisition of Vaporsens, a Utah-based technology company specializing in nanofiber chemical sensing research and development. This is one of the recent developments in the market.

The report also summarizes other important aspects of the key players including financial performance, product portfolio, SWOT analysis, and recent strategic moves and developments.

Reference: https://www.researchdive.com/press-release/smart-mirror-market.html

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Mr. Abhishek Paliwal
Research Dive
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In-Depth Analysis: Why 3D Sensor Market May Skyrocket: Study Revealed Which Players May Turn Game?

The 3D sensor market is predicted to rise in the coming years. The image sensor sub-segment will generate maximum revenue. The Asia-Pacific region will dominate the market.

Research Dive has published a latest report titled, ‘3D Sensor Market, by Type (Position Sensor, Image Sensor, Accelerometer Sensor, Others), Technology (Time of Flight, Structured Light, Ultrasound, Stereoscopic Vision, Others), Connectivity (Wired, Wireless), End Use (Healthcare, Consumer Electronics, Automotive, Aerospace & Defense, Others), Regional Analysis (Asia-Pacific, North America, Europe, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026’.

The 3D sensor market accounted for $1,464.6 million in 2018 and is projected to reach up to $11,276.8 million by 2026, growing at a CAGR of 28.0% in the forecast period.

Regional Analysis

Asia-Pacific region is estimated to harbor a revenue of $3,067.3 million by 2026 with a substantial CAGR of 28.8% in the forecast period. The growth of the 3D sensor market is due to several end-users such as electronics, healthcare, and automotive. Apart from this, India and China are considered as the main revenue contributors of this market as these have large manufacturing base in the Asia-Pacific region.

Key Segments of the Market

The report divides the market based on type, technology, connectivity, end-use, and regional analysis.

The image sensor sub-segment type is expected to generate maximum revenue and grow with a CAGR of 29.2% in the predicted timeframe. The rise in demand for smart phones and cameras that consist of advanced biometric features will enhance the market growth.
Amongst the end-use segment, the consumer electronics sub-segment is anticipated to grow tremendously in the forecast period from a market size of $351.5 million in 2018, with a CAGR of 24.0%. This is primarily due to usage of 3D sensors in PCs, smart phones, remote controllers, and cameras. Apart from this, utilization of 3D sensors as image sensors, position sensors, and accelerometers will propel the market growth. All these factors will augment the market in the forecast period.

Market Dynamics

3D sensor market will surge due to the usage of 3D technologies in the automotive sector, consumer electronics, healthcare, and manufacturing plants. All these sectors are using 3D sensors for enabling safety, improving biometric sensing on the phones, and detecting liabilities in the manufactured products. All these aspects are expected to enhance the 3D market in the analyzed timeframe.

However, high costs of 3D sensors and maintenance costs associated with it will hinder the market growth. On the other hand, popularity of virtual reality and augmented reality in gaming is developing opportunities in the market.

Key Players and Business Strategies

Top key participants of the 3D sensor market are -

OmniVision Technologies, Inc.
Infineon Technologies AG
pmd technologies ag
SAMSUNG
COGNEX CORPORATION
LMI TECHNOLOGIES INC
Microchip Technology Inc.
Qualcomm Technologies, Inc.
Occipital, Inc.
KEYENCE CORPORATION
Sony Depthsensing Solutions SA/NV.

These market players are focusing on new technology, product launches, upgradation of current technologies, and R&D activities to increase the market size of the 3D sensor industry. For example, in May 2019, Infineon Technologies AG launched novel product “REAL3™ IRS2381C”, which is a 3D image sensor that is designed for the smartphones.

The report mentions numerous factors of all the crucial market players that are active in the market. Some features such as financial performance, present strategic plans, product file, developments and SWOT scrutiny are also included in the report.

Reference: https://www.researchdive.com/press-release/3d-sensor-market.html

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Challenges: What Display Dielectric Materials Market Is Aiming Next: Leveraged Returns Or Disaster?

The display dielectric materials market will grow in the forecast period. The LED technology segment will be the most lucrative. The conventional display segment will generate maximum revenue and Asia-Pacific region will dominate the market.

The global display dielectric materials market is expected to grow significantly in estimated forecast period. According to a report published by Research Dive, the display dielectric materials market is anticipated to harbor market size of $88,004.9 million by 2026 from a considerable market value of $47,900.0 million in 2018 and escalate with a CAGR of 7.9% in 2019-2026 timeframe. The inclusive report mentions numerous faucets such as the present scene of the market, market dynamics, growth factors, challenges, restraints and opportunities in the estimated forecast period. The report also highlights all the market figures; thus simplifying the process for the novel players to acquire knowledge of the market.

Market Dynamics

Rise in demand for advanced displays and exclusive features associated with the dielectric displays will increase the display dielectric materials market in the forecast period. Moreover, use of dielectric displays for promoting or advertising products will also foster the growth of this market. The growing adopting of consumer electronics such as television, smartphones, laptops, and tablets is estimated to propel the market growth. All these factors are considered as the major drivers of the display dielectric materials market.

However, change in prices of raw materials and fewer skilled labors is anticipated to hinder the market growth. Furthermore, high cost of advanced materials and novel products will also restraint the market growth.

Nevertheless, technical advancements and utilization of OLED display or quantum Dot LCD display will create opportunities in the market.

The report divides the market into segments based on technology, application, and regional outlook.

LED Technology Segment to be the Most Lucrative

This segment is expected to generate considerable revenue of $18,261.0 million by 2026 from a notable market size of $8,622.0 million in 2018. Beneficial features of LED technology slim screen and glossy design, attractive appearance, pictures with no flickers that aids in reduction of eye fatigue, headaches, and eyestrains. These advantages will promote the market growth.

Conventional Display Segment to Generate Maximum Revenue

This segment is projected to garner revenue of $48,490.7 million by 2026 which was valued at $27,159.3 million in 2018. The rise in use of dielectric displays for conventional reasons such as promotional tools, advertising screens, and electronic screens will enhance the market growth.

Asia-Pacific Region to Dominate the Market

This region is expected to extract maximum growth rate in the estimated analyzed period due to the presence of numerous manufacturing factories in India, China, and Japan. Moreover, China and Japan are the leading producers of electronics in the world that adds on to the consumer preference as well. All these faucets are responsible for the market growth.

Key Players and Business Strategies

The leading key players of the global display dielectric materials market include -

Toray Industries, INC.
Corning
LG Chem
Universal Display
DuPont
Asahi India Glass Limited
DIC Corporation
Samsung SDI CO., LTD
JSR Corporation
Sumitomo Chemical Co.
Merck KGaK, Ltd
NITTO DENKO Corporation
Idemitsu Kosan Co., Ltd
Hodogaya
Chemical Co., Ltd.

These significant players are mainly focusing on product developments, R&D activities, technological collaborations, and new technology introductions to gain a competitive edge. These are most frequent tactics followed by the prominent players to increase their market share in the display dielectric materials industry.

Apart from this, the report also summarizes various features of all the prominent players functioning in the market such as financial performance, developments, recent strategic moves, product portfolio, and SWOT scrutiny.

Reference: https://www.researchdive.com/press-release/display-dielectric-materials-market.html

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Advancement: Know the Rapid Growth Factors of Humanoid Robot Market| Stay Up-To-Date With Emerging Trends Ahead

The global humanoid robot market is predicted to observe a noteworthy growth in forecast period owing to the increasing demand for advanced robots to enhance consumer engagement & experience. The North America region to lead the industry by 2026.

As per a latest report published by Research Dive, the global humanoid robot market is anticipated to grow at a CAGR of 36.4% and generate a revenue of $9,630.0 million during the forecast period from 2019 to 2026. The North America humanoid robot market is projected to dominate the global industry and generate $3,052.7 million by the end of 2026. The presence of significant players and the increasing adoption of automated systems in the region are the major factors expected to bolster the regional market growth throughout the forecast.

Market Dynamics

The growing demand for advanced robots to enhance the consumer experience & engagement coupled with the rising demand from retail application are the major factors expected to foster the growth of the global humanoid robot market in the forecast period. In addition, the rising adoption of humanoid robots for the military & defense applications is another factor predicted to drive the market growth by 2026. Moreover, technological advancements for development of cost-effective and more efficient robot models is likely to provide lucrative opportunities for the global market growth in the coming years. Conversely, heavy R&D investments and high initial costs of robots are expected to restrict the market growth in the near future.

Key Segment Findings of the Market:

The report segments the global humanoid robot market into Product, Application, and Region.

By product, the biped segment valued for $417.9 million in 2018 and is predicted to witness significant growth during the period of forecast. This is mainly because biped products are gaining high attractiveness owing to increasing usage of biped humanoid robots in production, construction, and other industries.
By application, the retail application segment is projected to hold the majority of market share and generate a revenue of $2,060.8 million over the forecast period. This growth is majorly due to growing emphasis on enhancement of the retail sector around the world.
By region, the overall industry is divided into Asia Pacific, North America, LAMEA, and Europe. Europe humanoid robot market is estimated to surpass $2,783.8 million and witness significant growth by 2026, owing to swift growth in industrialization & modernization of various industry verticals in the region.

Prominent Market Players

The major players of the global humanoid robot market include -

HYULIM Robot Co., Ltd
HANSON ROBOTICS LTD
Engineered Arts Limited
Honda
KAWADA Robotics Corporation
SoftBank Robotics
Sanbot Co
ROBOTIS
Willow Garage
Toshiba Corporation
Trossen Robotics
Hajime Research Institute, Ltd
UBTECH Robotics, Inc.

Further, the report outlines and presents several aspects of these key players such as financial performance, SWOT analysis, recent strategic moves & developments, and product portfolio.

Increasing R&D investments, technological advancements, and novel product launches are some of the strategies adopted by these market players to obtain a strong position in the global industry. For instance, in March 2020, Hitachi Ltd. announced to launch “EMIEW4” humanoid communication robot. This robot is primarily used for the offices, care facilities, and hospitals.

Reference: https://www.researchdive.com/press-release/humanoid-robot-market.html

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Competitive Landscape: What Are the Manufacturers Evolving In the Growth of the Aluminum Fishing Boat Market?

Global aluminum fishing boat market is predicted to experience a notable growth over the forecast period, majorly owing to the increasing popularity of recreational activities such as fishing and boating across the globe. By boat type, the Deep-V boat segment is predicted to witness a lucrative growth in the global industry by 2026. Further, the North America region is anticipated to subjugate the market in the projected timeframe.

According to a latest published report by Research Dive, the global aluminum fishing boat market accounted for $1,069.7 million in 2018 and is predicted to and reach up to $1,879.5 million by 2026, growing at a CAGR of 7.3% during the forecast period from 2019 to 2026. The global market is segmented based on boat type, size of fishing boat, engine type, and region.

As per our analysts, the growing popularity of recreational activities such as boating & fishing and the rising awareness amongst people regarding the health benefits of sea food are the significant factors anticipated to boost the growth of the global aluminum fishing boat market over the forecast period. In addition, the advanced features of aluminum fishing boats such as long shelf life, eco-friendliness, customization, and durability are other factors likely to boost the market growth by 2026. However, the corrosive effect of marine water and the availability of substitutes such as fiberglass fishing boats are expected to restrain the global market growth in the near future.

Deep-V Boat Segment to Dominate the Industry

Based on boat type, the global market is segmented into bass boat, multi-species boat, Deep-V boat, and others. Among these, the Deep-V boat is expected to dominate the global industry and generate a revenue of $1,372.1 million during the forecast period. This is mainly because, Deep-V boats are built with highly advanced features such as hydraulic tilt steering, Bluetooth-enabled stereo, torsion beam construction, and sun protective top.

14-16 Feet Segment to Witness Significant Growth by 2026

Based on size of fishing boat, the global industry is trifurcated into >16 feet, 14-16 feet, and <14 feet. Among these, the 14-16 boat size segment is predicted to witness considerable growth and value for $1,048.8 million by the end of 2026. The significant growth of this segment is mainly because it is the most preferred boat type used for using and is highly advanced with many configurations, such as walk-through, dual console, and side console.

<200 HP Engine Type Segment to Grow at a Healthy Rate

Based on engine type, the global market is classified into >300 HP, 200-300 HP, and <200 HP. Among these, the <200 HP engine type segment is likely to grow at a healthy CAGR and generate a revenue of $1,054.4 million over the forecast period. The rising popularity of outdoor & recreational activities and the benefits provided by <200 HP aluminum fishing boats such as exceptional maneuverability & fuel savings option are the factors likely to boost the segmental market growth.

North America to Lead the Market by 2026

Based on region, the global industry is divided into Asia Pacific, North America, LAMEA, and Europe. The North America market for aluminum fishing boat is expected to play a dominant role and by growing at a CAGR of 5.6% during the forecast period. The dominance of the region is mainly attributed to the technological advancements in boats and increasing disposable income in Canada and the U.S.

Major Market Players

The key players operating in the global aluminum fishing bat industry include -

BRP Inc.
Yamaha Motor Company Ltd.
Correct Craft
Telwater
White River Marine Group
Smoker Craft Inc.
Brunswick Corporation.

Further, the report outlines and presents several aspects of these key players such as financial performance, SWOT analysis, recent strategic moves & developments, and product portfolio.

Mergers & acquisitions, geographical expansion, technology innovation, and advanced product launches are some of the growth strategies adopted by key industry players. For instance, in August 2019, Bombardier Recreational Products (BRP) completed the acquisition of about 80% of the due shares of an Australian aluminium boat manufacturer, Telwater Ply Ltd. The aim of the company behind the acquisition is to expand in the newer markets and transform the marine industry.

Reference: https://www.researchdive.com/press-release/aluminum-fishing-boat-market.html

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Business Overview: What Are the Key Players Evolving In the Growth of the Lottery Market?

The global lottery market is predicted to observe a noteworthy growth in forecast period owing to the growing influence of technologies and rising smartphones penetration across the globe. The North America region to subjugate the industry by 2026.

As per a Research Dive latest report, the global lottery market is anticipated to grow at a CAGR of 10.6% and generate a revenue of $353.1 billion during the forecast period from 2019 to 2026. The North America lottery market is projected to generate the majority of revenue share with $114.2 billion by the end of 2026. This dominant growth of the regional market is majorly attributed to the widely growing emphasis on entertainment option and its popularity in the world due to high penetration of smartphones.

Market Dynamics

The rising influence of technologies and the growing penetration of smartphones around the world are the major factors projected to foster the growth of the global lottery market during the forecast period. Moreover, the benefits of blockchain such as maintaining privacy & accessibility and improving transparency of transactions are likely to provide lucrative opportunities for the global market growth by 2026. Conversely, the stringent government regulations related to lottery operators and lottery prizes are expected to hinder the market growth in the coming years.

Key Segment Findings of the Market:

The report segments the global lottery market into Type, Application, and Region.

By type, the global industry is categorized into numbers game, quizzes type lottery, scratch-off instant games, the lotto, and others. Among these, the lotto segment is expected to hold the highest market share and surpass $132.1 billion by 2026. Lotto has several features such as quick pick, double jackpot, and number shield, which are the major factors likely to boost the segmental market growth.
By application, the global market is bifurcated into lottery store and online lottery. Of these, the online lottery segment is estimated to witness the fastest growth and garner $183.1 1 billion revenue during the forecast period. This growth is mainly due to the significant rise in the lottery prize money and the liberalization of government regulations across the globe.
Geographically, the overall industry is divided into Asia Pacific, North America, LAMEA, and Europe. Europe lottery market accounted for $44.0 billion in 2018 and is predicted to witness a lucrative growth over the forecast period, owing to continued legalization and product innovation in the region.

Prominent Market Players

The major players of the global lottery market include -

INTRALOT
MDJS
Camelot Group
Florida Lottery
Francaise des Jeux
Mizuho Bank Ltd.
Loterías y Apuestas del Estado
Hong Kong Jockey Club
Singapore Pools
California Lottery.

Further, the report outlines and presents several aspects of these key players such as financial performance, SWOT analysis, recent strategic moves & developments, and product portfolio.

Mergers & acquisitions, partnerships, business expansion, and advanced product developments are some of the strategies implemented by these market players to obtain a strong position in the global industry. For instance, in October 2017, IGT Global Solutions Corporation has agreed to extend seven year contract with the California Lottery through October 31, 2026. Under this extension, California Lottery will get IGT’s Aurora™ system platform with a comprehensive set of new applications and tools to support the lottery players and retailer base.

Reference: https://www.researchdive.com/press-release/lottery-market.html

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Emerging Trends: Duty-Free Retailing Market Revenue, Growth Rates, and Industry Challenges in 2027

Global duty-free retailing market is going to witness a massive growth during the forecast period. The cosmetic and personal care segment will be the most lucrative. Airport segment will generate the highest revenue.

Research Dive has recently published a report with the title “Duty-Free Retailing Market, by Product Type (Alcohol & Spirit, Tobacco & Cigarette, Fashion & Accessories, Personal Care & Cosmetic, Watches & Jewelry, and Others), Distribution Channel (Airport, Seaport, Onboard and Others); Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026”

The global duty-free retailing market is expected to garner a revenue of $139.4 billion by 2026 at a CAGR of 8.2% during the forecast period.

Regional Analysis

Asia-Pacific region is predicted to generate the highest market share during the forecast period. The market accounted for $32,362.2 million in 2018 and is further predicted to grow with a CAGR of 7.9 % in upcoming years. The main reason behind this growth is the rise in the disposable income with the increasing middle-class population.

Key Segments of the Market

The report has bifurcated the market into different segments based on product type, distribution channel, and regional analysis.

In product type segment, the cosmetic and personal care products sub-segment is expected to generate the highest revenue during the forecast period. The main reason behind this growth is the popularity of expensive products among the urban population.
In distribution channel segment, the airport sub-segment is expected to be the most profitable during the forecast period. The airport distribution channel offers immense scope for retail outlets to reach customers. Airports also offer the flexibility in the prices of the products which contribute to the industry growth.

Dynamics of the Market

The rise in international tourism is predicted to be the major driving factor for the growth of the market. The market players offer products to customers at an amazingly affordable price compared to general retail stores. The prices of these product are considerably low due to various exempted taxes. Passengers prefer to buy expensive and luxurious items which are available to them at a much lower prices. This factor is predicted to boost the market during the forecast period.

In different countries, there are various rules and regulations for shopping in the duty-free retail shops. Strict rules and regulation in adding new products particularly for the local manufacturers and small & medium enterprises (SMEs) create a hurdle for the market as these organizations cannot afford to lend a store in various duty-free retail shops area.

Increasing customer experiences and providing amazing customer services is expected to create a huge opportunity in the market in upcoming years.

Key Player of the Market

According to the report, the leading players of the duty-free retailing market include -

Duty Free Americas
SHINSEGAE DUTY FREE
Aer Rianta International
Dubai Duty Free
China Duty Free Group Co.,Ltd.
LOTTE HOTEL.
DUFRY AG
HYUNDAI DEPARTMENT STORE DUTY FREE
Lagardère group
LVMH

Further, the report outlines and presents several aspects of these key players such as financial performance, SWOT analysis, recent strategic moves & developments, and product portfolio.

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Opportunities: Sex Toys Market Top Scenario, SWOT Analysis, Business Overview & Forecast 2027

Global sex toys market is going to experience a massive growth during the forecast period. E-commerce segment will be the most lucrative. Female segment will be the most profitable. North America will dominate the market.

The global sex toys market is expected to generate a revenue of $ 45,767.2 million at a CAGR of 7.9% during the forecast period, according to the recent report published by Research Dive. The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market from growth factors, challenges, other market dynamics, restraints and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for the new participants to understand the market.

Market Dynamics: Growth Drivers, Restraints, Opportunities

Changing consumer perception about sexual enhancement are the factors behind the growth of the market. Growing popularity of sex toys among the LGBTQ community is also another driving factor. Moreover, the legalization of sex toys in many countries and awareness spread via social media platform are other factors attributing to the growth of the industry. Sex toys come with several features such as remotely connected devices, virtual devices and augmented reality devices. These the factors enhancing the growth of the market.

The high-costs associated with the products along with chemicals used in sex toys are expected to hinder the growth of the sex toys market.

Growing demand for products and growing e-commerce platforms are anticipated to generate enormous investment opportunities in the sex toys market.

The report has divided the market into different segments based on distribution channel, end-user, and regional analysis.

E-commerce Segment will become the Most Beneficial

E-commerce distribution channel will experience a significant growth and is estimated to generate a revenue of $26,956.9 million by 2026. This is mainly because of growing e-commerce business and key manufactures focusing to create awareness about sex toys products through e-commerce.

Female Segment will be the Most Profitable

Female sub-segment generated the largest market size in 2018 and is further projected to continue its leading positing during the forecast period. The reason behind this growth is the growing popularity and adoption of sex toys by females. About 69% of sex toys are being purchased by women across the globe.

North America to Dominate the Market

North America region generated the highest share in 2018 is further estimated to lead the market with $12,906.4 million by 2026. This growth is attributed to growing usage of sex toys products to enhance sexual experience in the region.

Key Players and Business Strategies

As per the report, the leading players of the global sex toys market include are -

LELO
LUVU BRANDS
FUN FACTORY
ANSELL LTD
Lovehoney Group Ltd
Tantus Technologies, Inc.
CRYSTAL DELIGHTS
BMS Factory
Doc Johnson Enterprises
ADAM & EVE STORES
Spot of Delight
Church & Dwight Co., Inc.
WE-VIBE

The report also recapitulates many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

Reference: https://www.researchdive.com/press-release/sex-toys-market.html

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In-Depth Analysis: Do-It-Yourself Market by Key Vendors, Challenges and Opportunities 2027

Global Do-It-Yourself home improvement retailing market is going to experience a huge growth during the forecast period. Décor and indoor segment will be the most lucrative. Online segment will be the most profitable.Research Dive has recently published a report titled “Do-It-Yourself (DIY) Home Improvement Retailing Market, by Type (Building Materials, Decor and Indoor Garden, Lighting, Electrical Work Materials, Tools and Hardware, Painting, Wallpaper and Supplies, Plumbing Materials and Equipment, Flooring Repair and Replacement Materials), Distribution Channel (Offline, Online), Regional Analysis (North America, Europe, Asia Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026”.

The global DIY home improvement retailing market is predicted to generate a revenue of $189.1 million by 2026 at a CAGR of 4.6%.

Key Segments of the Market

The report has divided the market into different segments based on type, distribution channel, and regional outlook.

In type segment, décor and indoor garden sub-segment is expected to be the most lucrative during the forecast period. The market is anticipated to register a revenue of $23.3 million by 2026. The reason behind this growth is the convenience, affordable price, and easy-to-use traits of the DIY planter projects.
In distribution channel segment, the online sub-segment will experience the most significant growth with an estimated revenue of $84.9 million during the forecast period.
An online system for DIY market players helps in enhancing the enterprise relationship management by offering end-to-end Customer Relationship Management (CRM) system. This is the reason influencing the growth of the market segment.

Regional Analysis

North America region is going to hold the dominating share of the market. The market registered a revenue of $53.6 million in 2018 and is further anticipated to account for $71.5 million by 2026. Rising demand for DIY home improvement tools in North American countries is one of the most important factors enhancing the growth of Do-it-yourself (DIY) home improvement retailing in the said market. Moreover, the substantial growth in dual-income of households has contributed to the expenditure on DIY home improvement products in the region. These factors are projected to boost the growth of Do-it-yourself (DIY) home improvement retailing in the North American market in upcoming years.

Market Dynamics

The rise in popularity for Do-It-Yourself projects among people is one of the major driving factors of the global Do-It-Yourself (DIY) home improvement retailing market. Changing consumer lifestyle with increasing urbanization is also projected to enhance the growth of the Do-It-Yourself (DIY) home improvement retailing market. Furthermore, emerging e-commerce platforms for Do-It-Yourself Businesses are also projected to boost the growth of the industry during the forecast period.

Factors such as lack of product availability, lack of quality product, and fewer number of professionals operating in DIY home improvement tools are acting as restraining factors for the market.

Eco-friendly DIY projects such as DIY fabric planters for home are anticipated to create lucrative opportunities for the growth of the Do-It-Yourself (DIY) home improvement retailing market during the forecast period.

Key Players of the Market

The report also enlists the leading players of the market. They include -

Amazon.com
Bitsy
Toolstation
Home Depot Product Authority, LLC
K-GROUP
UBYLD RETAIL PRIVATE LIMITED
Walmart India
Flipkart
UBUY CO.
Lowe's.Do-it-yourself (DIY)

The report also summarizes many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and recent strategic developments.

Reference: https://www.researchdive.com/press-release/do-it-yourself-diy-home-improvement-retailing-market.html

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Challenges: Vacuum Leak Tester Market by Key Driver, Challenges and Opportunities 2027

The global vacuum leak tester market is predicted to witness a robust growth in forecast period due to the growing manufacturing and production sector around the world. The North America region is expected to dominate the industry by 2027.

Research Dive in its latest published report estimates that the global vacuum leak tester market will generate notable revenue and grow at a significant CAGR over the forecast period from 2020 to 2027. The North America market for vacuum leak tester is predicted to dominate the global industry throughout the forecast period. The dominance of this region is majorly attributed to increasing industrialization, developing technological infrastructure, and the presence of automobile manufacturing outlets in the region.

Market Dynamics

The increasing demand for high-quality products and growth in manufacturing & production sector along with incorporation of the latest technologies for vacuum leak test across the globe are the key factors estimated to propel the growth of the global vacuum leak tester market over the forecast period. Besides, infrastructural development, increase in number of workplace accidents, and stringent government laws & standards regarding workplace safety are some of the factors likely to create massive growth opportunities for the overall market by 2027. Conversely, the operating complexities and high initial investments related to vacuum leak tester are expected to hamper the market growth in the coming years.

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Key Segment Findings of the Market:

The report segments the global vacuum leak tester market into Test Type, Industry Vertical, Modularity, and Region.

By test type, the helium sniffer probe segment is predicted to account for the majority of market share by 2027, owing to their capability to detect leaks in various parts, which cannot be pushed in a vacuum chamber.
By modularity, the portable segment is projected to witness a considerable growth throughout the forecast period, mainly because these detectors offer a lucrative solution to numerous firms that work in multiple conditions.
By industry vertical, the automobile manufacturing segment is predicted to grow enormously during the projected timeframe. This is mainly because automobile manufacturing sector hugely depends on vacuum leak detector systems to guarantee that the final product is defect-free.
By region, Europe vacuum leak tester market is estimated to grow at a significant rate by the end of 2027, majorly due to the rising government investments in automation technologies in countries such as France, Germany, and UK.

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Major Market Players

The key players of the global vacuum leak tester industry include -

Leybold
CETA TESTSYSTEME GmbH
Pfeiffer Vacuum GmbH
ATEQ Corp.
Furness Controls
COSMO INSTRUMENTS CO., LTD.
Thomas C. Wilson, LLC
INCON
Acme Engineering Prod. Ltd.
INFICON

These players are focusing on mergers &acquisitions, technological advancements, and advanced product developments to gain a competitive in the global market. Further, the report sketches & summaries various aspects of these prominent players such as product portfolio, financial performance, SWOT analysis, and many more.

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Advancement: Osteopontin Antibody (OPN) Market by Top Key Players, Applications and Forecast to 2020-2027

The global osteopontin antibody (OPN) market is predicted to witness a robust growth in forecast period, due to the rise in number of cancer patients and growing usage of OPN in orthopedic sector.

According to a Research Dive published report, the global osteopontin antibody (OPN) market is predicted to witness robust growth during the forecast period from 2020 to 2027. The North America market for OPN is predicted to account for the majority of share in the overall industry, owing to the presence of robust healthcare infrastructure and the majority of educational institutes & laboratories in the region.

Market Dynamics

The increasing usage of osteopontin antibody in orthopedic sector, growing geriatric population, and surge in number of cancer patients across the globe are the key factors expected to propel the growth of the global OPN market during the forecast period. In addition, increasing R&D activities and technological advancements & upgradations are likely to create enormous growth opportunities for the overall market by 2027. Conversely, lack of awareness and underdeveloped healthcare infrastructure are expected to hinder the market growth in the coming years.

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Key Segment Findings of the Market

The report segments the global osteopontin antibody (OPN) market into Type, Application, and Region.

By type, the global market is categorized into rabbit, mouse, human, and others. Among these, the human segment is estimated to grow at a rapid pace by 2027, majorly due to technological advancements and developing healthcare infrastructure across the globe.
By application, the overall market is segmented into medical, food, and others. Of these, the medical segment is projected to account for the highest market growth during the forecast period, mainly because the many studies and R&D activities have shown positive indications of OPN.
By region, the Asia Pacific market for OPN is estimated to witness a rapid growth by the end of 2027, owing to the growing geriatric population and rise in number of cancer patients in the region.

Major Market Players

The key players of the global OPN industry include -

R&D Systems, Inc.
ProMab
Arla Foods Ingredients Group P/S
Novus Biologicals
LifeSpan BioSciences, Inc.
Sigma-Aldrich Co.
OriGene Technologies, Inc.
Santa Cruz Biotechnology, Inc.
NKMAX Co., Ltd.
Proteintech Group

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These players are majorly focusing on mergers & acquisitions and technological advancements to gain a competitive edge in the global industry. Further, the report summaries various aspects of these key players such as financial performance, recent strategic moves & developments, SWOT analysis, and product portfolio.

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Competitive Scenario: Medical Scales Market by Key Driver, Challenges and Opportunities 2027

The global medical scales market is predicted to witness a robust growth in forecast period due to the rise in number of chronic diseases and growing shift of consumers towards healthy lifestyle. The North America region to dominate the industry.

As per a latest report published by Research Dive, the global medical scales market is expected to generate robust revenue and grow at a significant CAGR during the forecast period from 2020 to 2027. The North America market for medical scales is predicted to account for the majority of share in the global industry, owing to increasing chronic diseases and rising awareness amongst people regarding healthy lifestyle in the region.

Market Dynamics

The rise in number of chronic disease cases and the growing shift of consumers towards healthy lifestyle around the world are the major factors anticipated to boost the growth of the global medical scales market over the forecast period. Besides, stringent government laws and standards regarding the healthcare sector and the rising popularity of diet clinics are likely to create massive opportunities for the global market growth by 2027. However, the low awareness amongst people regarding healthy lifestyle and the high costs of medical scales compared to its alternatives are some factors expected to hamper the market growth in the coming future.

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Key Segment Findings of the Market:

The report segments the global medical scales market into Product, Application, and Region.

By product, the global market is categorized into regular scales, wheelchair scales, infant & baby scales, and others. Among these, the regular scales segment is projected to subjugate the market by 2027, owing to rising adoption of these scales by health clinics and gyms and growing demand from general physicians and hospitals.
By application, the overall market is segmented into household, hospital, and others. Of these, the hospital segment is predicted to hold the largest share in the market, which is majorly because government standards have mandated medical scales in hospitals and also its extensive usage in patients’ report preparation.
By region, the Asia Pacific market for medical scales is estimated to witness a rapid growth over the period of forecast, owing to the increasing number of geriatric and obese population in the region.

Major Market Players

The key players of the global medical scales industry include -

Shekel Scales Ltd.
My Weigh
Tanita
DETECTO SCALES, INC.
Seca
Sunbeam Products Inc.
A&D Company, Ltd.
Natus Medical Incorporated
SR Instruments, Inc.
KERN & SOHN GmbH

Further, the report summaries various aspects of these key players such as financial performance, recent strategic moves & developments, SWOT analysis, and product portfolio.

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These players are majorly focusing on technological advancements, mergers, acquisitions, and novel product launches to obtain a strong position in the global market. For instance, in August 2020, FitTrack announced the launch of its new smart scale, ‘FitTrack Beebo,’ which is especially designed for moms-to-be. The maternity medical scale is programmed with four modes – general mode, athlete, pregnancy, and infant.

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Growth Outlook: Lipids Active Pharmaceutical Ingredient Market - Future Growth, & Forecast to 2027

Global lipids active pharmaceutical ingredient market is going to experience a significant growth during the forecast period. Simple lipids segment will be the most profitable. Asia-Pacific will dominate the market.

Research Dive has published a report titled “Lipids Active Pharmaceutical Ingredient Market, by Type (Simple Lipids, Compound Lipids, Derived Lipids), Application (Cardiovascular Disease, Inflammatory Diseases, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027”

The global lipids active pharmaceutical ingredient market is estimated to generate a significant revenue during the forecast period.

Regional Outlook

Asia-Pacific region is anticipated to earn the highest market revenue during the projected time period. The growing cases of cardiovascular diseases, cancer, and neurological disorders in Asian countries such as Japan, China, and India have led to huge demand for lipids active pharmaceutical ingredients in medicine production industry. This is the major reason fueling the growth of the market in the region.

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Highlights of the Report

The report has divided the market into different segments based on type, application, and region.

In type segment, simple lipids sub-segment will become the most lucrative. The simple lipids are used in processes such as energy storage (oils and fats) and supply and hormones balancing, acts as a carrier of electrons/oxygen, and it’s a membrane constituent. This one of the major driving factors of the market segment.
In application segment, the cardiovascular disease segment is predicted to register the highest growth during the forecast period. The major driving factor is the rising number of cardiovascular patients and increased demand by the drug manufacturing companies.

Market Dynamics

In recent years, there’s a rise in diseases such as Alzheimer's disease, dementia, Parkinson’s disease, epilepsy, sclerosis, stroke, migraine, and brain tumors across the globe.

Such situation has made it extremely crucial to develop proper medications for these diseases. Lipids active pharmaceutical ingredients are applied to offer vital medicinal treatment to such patients and help in the healing process. These are the major factors contributing to the growth of the market.

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The poor quality standards imposed by Governments are going to impact the profitability of the market during the forecast period.

Growing awareness about the lipids active pharmaceutical ingredient market and implementation by the healthcare industries, growing demand for effective and fast-actin drugs, healthcare infrastructure development are expected to create lots of opportunities for the market in upcoming years.

Leading Market Players and Strategies

The key players of the global lipids active pharmaceutical ingredient market include -

CordenPharma International
ESPERION Therapeutics, Inc.
Sancilio & Company, Inc.
DSM Nutritional Products AG
Cerbios-Pharma SA
Cayman Chemical
Merck KGaA
VAV Life Sciences
ABITEC
Avanti Polar Lipids

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Top Scenario: Intelligent Intravenous Infusion Pumps Market Revenue, Growth Rates, and Industry Challenges in 2020-2027

Global intelligent intravenous infusion pumps market is going to experience a huge growth during the forecast period. Constant volume control type segment will be the most profitable. Hospital segment will be the most lucrative.

The global intelligent intravenous infusion pumps market is estimated to garner a great amount of revenue during the forecast period, according to a report published by Research Dive. The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market from growth factors, challenges, other market dynamics, restraints and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for new participants to understand the market.

Market Dynamics

The exponential increase in the old-age population across the globe has enhanced the demand for intelligent intravenous infusion pumps in recent years. IV pumps are mainly used to deliver essential medications such as minerals, vitamins, nutrients, amino acids, and others which help in strengthening immunity and ensuring fast recovery of the patients.

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High investments and high maintenance costs are going to be the major restraint behind the growth of market.

Technological advancements and innovations are going to create many opportunities for the intelligent intravenous infusion pump market in upcoming years.

Segment-wise Analysis of the Market

The report has divided the market into different segments based on type, application, and regional outlook.

Constant volume control type segment will be the most lucrative

Constant volume control type segment will be the most profitable in the upcoming years. Constant volume control segment offers multiple benefits such as the infusion of nutritional fluids, medication, hormones, and injecting antibiotics directly into patients' circulatory systems in controlled amounts through veins. This is major factor behind the market growth.

Hospital segment will garner the highest profit

The hospital segment is expected to generate maximum market revenue during the forecast period. Most people prefer hospitals because of the cost-effective services, highly trained staff, specialists, surgeons, and other supporting staff. An expert medical staff is essential for critical treatments and surgeries with complete knowledge about intelligent intravenous infusion pumps. This is the main factor behind the growth of the segment.

North America will hold the largest revenue share

As per the report, North America region is expected to earn the highest revenue during the forecast period. The major factors influencing the growth of the regional market are the extensive adoption of infusion mode of medication, increased medication expenditure, robust healthcare infrastructure, and growing geriatric population.

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Key Players of the Market

The leading players of the global intelligent intravenous infusion pumps market are -

Johnson & Johnson Services, Inc.
Pfizer Inc.
BD.
B. Braun Melsungen AG
Fresenius SE & CO. KGAA
Terumo Corporation
Medtronic
F. Hoffmann-La Roche Ltd
Baxter
Smiths Group plc

These companies are focusing on R&D, merger and acquisition, and many other strategies to sustain the growth of the market.

In October, 2020, Fresenius Medical Care of North America has partnered with Livongo, the leading US-based company, Applied Health Signals as per a recent news report.

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Industry Verticals: Freestanding Retractable Awnings Market by Key Vendors, Challenges and Opportunities 2027

Global freestanding retractable awnings market will witness a massive growth during the forecast period. The motorized segment will be the most profitable. Offline segment will be the most lucrative. North America will dominate the market.

Research Dive has recently published a report with the title “Freestanding Retractable Awnings Market by Technology (Manual, Motorized, Sensor, and Remote Control), Sales Channel (Offline, and Online), Application (Commercial and Residential), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027”

The global freestanding retractable awnings market is anticipated to garner a huge revenue during the forecast period, according to the report published by Research Dive.

Regional Outlook

North America region is expected to garner the highest revenue during the forecast period. The major attributor of this growth is the presence of major manufacturers. These companies has made the customization and personalization process easier in the region compared to other parts of the world.

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Highlights of the Report

The report has bifurcated the market based on technology, sales channel, application, and regional analysis.

• In technology segment, the motorized segment is going to be the most beneficial. Automation and low maintenance costs are the two major factors behind this growth. They are cost-efficient, quick to install, user-friendly and low maintenance. This is another factor fueling the growth of the industry.
• In sales channel segment, the offline segment will be the most profitable. Customers prefer to visit showrooms or outlets to physically check the products regarding their design, material, color, shape, and other features before making the purchase than to shop online. This is the factor enhancing the growth of the market.
• In application segment, the residential segment is going to be the most profitable. The main reason behind this growth is the popularity of outdoor sittings, gardens, patios, and decks in urban households.

Market Dynamics

People love to decorate or renovate their living and working place. A trend to renovate and splurge money on home décor has been surging among the urban population since last few years. Freestanding retractable awnings are used extensively as it helps in uplifting the look of an external sitting place. Retractable awnings provide a cool usage of the outer space, flexibility, quick installation facility. Moreover, it’s a trendy way of providing shade, and it’s cost-efficient.

The retractable awnings require high maintenance costs which is going to act as the main barrier behind the growth of the industry.

The growing real estate sector and distribution channels, as well as adverse weather conditions are expected to create many opportunities for the market during the upcoming years.

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Key Players and Business Strategies

As per the report, the leading players of the global freestanding retractable awnings market include -

Thompson Awning
Boulevard Awning Company
French Awning & Screen Company
Awning Company of America
Carroll Architectural Shade
Awnings & Canopies
ADVANCED DESIGN AWNINGS & SIGNS
Roché Systems Ltd
Advanced Awning Company
Eide Industries, Inc.

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Monday, June 7, 2021

Development Trends: Biohybrid Solar Cell Market - Future Growth, Verticals, Segmentation & Forecast to 2027

Global biohybrid solar cell market is going to experience a significant growth during the forecast period. Cadmium telluride segment will be the most lucrative. Battery storage segment will be the most profitable. North America will dominate the market.

The global biohybrid solar cell market is anticipated to generate a promising revenue during the forecast period according to a recent report published by Research Dive. The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market from growth factors, challenges, other market dynamics, restraints and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for the new participants to understand the market.

Market Dynamics

The global consumption of electricity has increased in previous years because of the growing urbanization and industrialization. Nature is the source of solar energy, and hence it is perfectly clean, easy to setup, renewable, and also cost-efficient. These are the major factors enhancing the growth of the market.

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Seasonal dependency, short lifespan and unavailability during night are the restraining factors of the market.

Growing adoption by many organizations and residential setups across the globe are creating many opportunities for the biohybrid solar cell market in upcoming years.

Segment-wise Analysis of the Market

The report has divided the market into different segments based on material, application, and regional analysis.

Cadmium telluride segment will be the most lucrative

With the highest energy conversion rate, cadmium telluride is the most resourceful material. Affordable cost is another reason behind its wide adoption. Cadmium telluride has the quickest payback time in the thin-film solar cell technology, and also, they emit the least amount of carbon. These are the factors behind the growth of this segment.

Battery storage segment will be the most profitable

Biohybrid solar cells are known for their high efficiency in solar power conversion and storage. Moreover, biohybrid solar cells are naturally derived from organic and inorganic sources and hence they are quite budget friendly. This is the major factor fueling the growth of the segment.

North America to lead the market

North America region is estimated to earn the highest revenue during the projected timeframe. Advanced infrastructure and facilities, rigid government regulations for reducing carbon emissions, sustainable developments, growing implementation of renewable energy sources are the major factors driving the market growth in North America.

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Key players of the market

The report enlists the leading players of the global biohybrid solar cell market. They include Talesun, Jinko Solar., Trina Solar, Canadian Solar, LONGi Solar, Q CELLS, RISEN ENERGY CO., LTD, JA SOLAR Co., Ltd., First Solar, GCL-SI and many others.

These companies are focusing on R&D, merger and acquisition, and many other strategies to sustain the growth of the market. For instance, in February, 2020, Canadian Solar Inc. has announced the acquisition of a 47.5 MWp portfolio of solar projects under development in Chile. Canadian Solar Inc. is one of the world's largest solar power companies.

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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