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Friday, August 13, 2021

Growth Outlook: Hand Sanitizer Market Is Projected to Grow at a Substantial Rate by 2027 - Report by ResearchDive

The communal transmission of coronavirus has created a considerable impact on the global hand sanitizer market. Moreover, gel-based hand sanitizer will have significant market share in the forecast period. The online distribution channel shall witness newer heights. The Asia-pacific hand sanitizer market will create huge opportunities for investors. The notable players operating in the hand sanitizer industry are following effective strategies, to acquire a global position in the marketplace.

The outbreak of the COVID-19 pandemic has positively affected the growth of the hand sanitizer market, during the analysis period. The sustainability of the global hand sanitizer market is mainly attributed to the growing concern of personal safety into consumers. In addition, the growing prevalence of viral disease worldwide is also offering massive demand for the hand sanitizer product, in the analysis period. Though the markets across the world have implemented industrial shutdown in order to curb the harmful impact of the transmission, the global hand sanitizer market has shown positive growth. The organizations operating in hand sanitizer manufacturing are adopting several strategies such as strategic alliances and product & technology innovation. For example, in June 2020, Procter & Gamble (P&G), has announced to release of newly innovated ‘safeguard sanitizer’. Moreover, the company is planning to increase its manufacturing capacity up to 45,000 liters of Safeguard hand sanitizer per week. Such implementation of strategies by leading companies is expected to offer significant opportunities for the global hand sanitizer market, during the review period.

Our reports include the following:

• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

As per the research conducted by Research Dive, the global hand sanitizer market is set to register a revenue of $14,521.7 million by 2027, at a healthy CAGR of 24.2% during the analysis period. The segmentation of the market has been done based on the product, distribution channel, and region. The report provides valuable information on future opportunities, driving and restraining factors, segments, and key manufacturers of the market.

Factors Affecting the Market Growth

As per our analyst estimates, the significantly increasing personal safety and hygiene concerns among the consumer during the pandemic is projected to fuel the global hand sanitizer market growth. On the other hand, the health hazards associated with chemical ingredients are expected to obstruct the growth of the global hand sanitizer market.

The Gel-Based Hand Sanitizer to be the Most Lucrative

On the basis of product, the global market for hand sanitizer is mainly categorized into gel, foam, liquid, and other. The market size for the gel-based hand sanitizer will be $8,161.2 million in 2027 and is expected to rise at 24.6% CAGR; owing to the easy product availability and cost-effectiveness.

The Online Distribution channel will have Significant Market growth, During the forecast period

Based on the distribution channel, the global hand sanitizer market is majorly classified into hypermarket and supermarket, specialty store, online, and drug store. The market size for the online segment shall be $3,383.5 million in 2027 and is expected to grow at 25.1% CAGR. The growing influence of digital media and marketing, rising internet penetration in multiple developing nations such as India, Mexico, and Brazil is projected to boost the segment growth, during the analysis timeframe.

Geographical Analysis and Major Market Players

Based on the region, the global hand sanitizer market is classified into North America, Europe, Asia Pacific, and LAMEA. The Asia-Pacific hand sanitizer market valued at $3,949.9 million in 2027 and is expected to rise at 24.9% CAGR during the analysis period. The growth of the Asia-Pacific hand sanitizer market is majorly driven by the rising prevalence of viral infectious diseases, the growing emphasis on product innovations, and increased personal safety concerns particularly in China, India, Australia, and South Korea countries.

The key manufacturers of the global hand sanitizer market include Reckitt Benckiser Group plc., The Himalaya Drug Company., Procter and Gamble, Dr. Bronner’s Magic Soaps, GOJO Industries, Inc., Best Sanitizers, Inc., Ningbo Jiangbei Ocean Star Factory & Trading Co., Ltd, Vi-Jon, Unilever., and Farouk Systems Inc.

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Top Scenario: Digital Health Market 2021 to Witness Excellent Long-Term Growth Outlook - Report by ResearchDive

The coronavirus outbreak has influenced the digital health industry fairly and positively. Expanded usage of digital healthcare applications is expected to fuel the demand for digital health during the forecast era. Markets are projected to provide investors with more growth prospects over time. Leading players of the market are predicted to unlock vibrant opportunities for the growth of the market in the forthcoming years by taking various initiatives.

The latest research report on the global digital health devices market by Research Dive reflects the influence of COVID-19 pandemic on the present and expected growth of the global market. This report is professional and comprehensive research formulated by specialists by evaluating top driving factors, major regional market situations, opportunities & future scope, and trends & developments in the market during the COVID-19 catastrophe.

Highlights of the Report:

The global digital health market has witnessed remarkable growth in the previous years. The sudden outbreak of COVID-19 has impacted the market, bringing even more chances of growth. As per the report, the global digital health industry is expected to register a revenue of $1,045.8 million by 2027, at a growth rate of 33.4% during the forthcoming years. In the current situation, the market has garnered $139.1 billion in 2020, owing to the increasing awareness about digital healthcare applications across the healthcare industry.

Factors Driving the Market Growth amid COVID-19 Pandemic:

According to our researchers, the time addressing the expectations in artificial intelligence integration as well as the internet – of – things and big data analytics is the key driver of the industry growth in the forecast years. The expense to introduce digital health systems is nevertheless projected to be a major barrier to the development of the sector.

The report discloses the real-time CAGR recorded by the market during the pandemic. According to the report, the digital health market has earned a CAGR of 33.4% during the last few months of the crisis, while the pre-COVID-19 estimation was only 28.9%. The reason behind this growth is the growing necessity of growing adoption of digital healthcare applications as more and more people are aware of digital health services.

Current COVID-19 Impacted Scenario of the Market:

The leading players of the market are focused on developing new, innovative strategies to sustain market growth. Due to the increased awareness among people of the widespread coronavirus, domestic healthcare services are increasingly relevant to the need for digital health care services. It is projected that these factors drive demand growth in case of emergencies. In addition, several government agencies conduct different initiatives to support businesses with the crisis.

Future Scope of the Market:

According to the report, the global digital health market is projected to maintain sustainable growth post the pandemic. The report summarizes the following aspects of all key players

Business overview: Financial performance, Product portfolio, Recent strategic moves & developments, SWOT analysis.

New entrants and leading players including Allscripts Healthcare, LLC, CISCO, McKesson Corporation, AirStrip, Google Inc., Koninklijke Philips N.V., BioTelemetry, Inc., Honeywell International Inc., Cerner Corporation and Telefónica S.A. among others are expected to bring in some newer innovative advances and rewarding opportunities for the market in next few years.

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Industry Verticals: Ambulance Services Market Is Expected To Grow with a Healthy CAGR During 2021-2027

The global ambulance service market has shown to have a positive impact of the outbreak of the coronavirus pandemic. Increasing health concerns and occurrences of health disorders are a major reason for the progress of the market. The market is projected to continue with its growth even after the pandemic settles.

Ambulance services are provided in an equipped and specifically built automobile which constitutes of qualified medical attendants by an approved ambulance service provider for the injured or sick patient. The ambulance services concentrate mostly of accident and paramedic rescue services for both the swift and standardized diagnosis of victims.

Report Highlights

The report provides comprehensive insights into the prospects, key segments, constraints, drivers, and leading players in the ambulance services industry worldwide.

1. As predicted before the outbreak of the coronavirus, the CAGR accounted to 1.1% during the forecast period
2. Accounting the effect of the coronavirus outbreak, the CAGR is predicted to be 1.2% CAGR during the forecast period
3. Estimated market size in 2020, as predicted before the outbreak of the coronavirus was 27.8 billion
4. Real time market size (2020), involving the effect of the coronavirus outbreak is 32.1 billion

Forces Controlling the Growth of the Global Smart Learning Market:

The rapidly increasing prevalence of chronic diseases, the rising amount of road accident accidents, growing focus on the field of medical tourism and an aging population are the key reason for a strong increase in the ambulance services segment. Owing to the presence of existing companies worldwide, the global demand for ambulance services will likely grow dramatically in the international market in 2020.

Market Trends

The key players of the smart learning market are Acadian Ambulance Service., Envision Healthcare, Babcock Scandinavian AirAmbulance, ZIQITZA HEALTHCARE LIMITED, America Ambulance., Air Methods, DUTCH HEALTH B.V., BVG India Limited, London Ambulance Service NHS Trust, and Falck A/S.

There are several intelligent approaches for market players, including the development of new products and launches, upgrading the latest technologies, and alliances, and collaborations for achieving the highest market share. Product development, mergers, and acquisitions are the key strategies opted by the companies operating in this market.

Market Prospects

In a nutshell, it can finally be expected that this growing trend in the ambulance service market cannot be expected to cool shortly

The announcement of the launch of the Per4Max ambulance was made in May 2019 by Indiana Mills & Manufacturing Inc (IMMI), leader in innovative safeguards. Per4Max ambulance is easy to use and provides the proprietary managed deceleration system which will reduce the severity of g-force-related chest and head trauma to emergency crews. These innovation will produce tremendous competition on the global market for emergency services.

The report describes Porter’s five-force model to highlight the strategic analysis of market players. Moreover the report offers business overview of the key players in the market including financial performance, recent strategic moves & developments, product portfolio, and SWOT analysis of all top players of the market.

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Development Trends: Hearing Amplifiers Market Anticipated for Progressive CAGR Growth During 2021-2027

The abrupt outbreak of COVID-19 has created a positive impact on the growth of the global hearing amplifiers market. The rising cases of hearing impairment in people and growing technological advancements in hearing amplifiers are driving the growth of the market. Growing product launches by leading companies is projected to unlock rewarding opportunities for the growth of the global market during the pandemic period.

The latest research report on the global hearing amplifiers market by Research Dive states the impact of the COVID-19 pandemic on the current and future growth of the market. This report is an in-depth research collated by expert market analysts by studying regional market situations, significant driving factors, recent trends and developments, and size & scope of the market during the crisis period.

Highlights of the Report

The sudden outbreak of the COVID-19 pandemic has imposed a positive impact on the global hearing amplifiers market. According to the report, the global hearing amplifiers market had garnered a revenue of $67.4 billion in 2019 and is expected to exceed $108.0 billion by 2027, growing at a CAGR of 5.9% during the crisis period. The size of the market in the current scenario has reached $72.2 billion due to the augmented use of hearing amplifiers by people suffering from hearing impairments.

Factors Impacting the Market Growth during COVID-19 Pandemic

The global hearing amplifiers market is expected to witness significant growth due to the rising cases of hearing loss and growing geriatric population across the globe. Furthermore, as DHH (deaf and hard hearing) people may have heart and blood pressure disorders, they have greater chances of getting affected by the COVID-19 infection. As a result, a significant rise in the adoption of hearing amplifiers has been observed during the COVID-19 pandemic, which is boosting the global market growth during the pandemic period.

Current Market Transformation Due to COVID-19:

In the course of the pandemic period, some of the leading players in the hearing amplifiers market are greatly investing in the development of advanced hearing amplifiers. For example, in January 2020, Olive Union, a company focused on the development of smart sound algorithms and Bluetooth earpiece technology has developed the “Olive Smart Ear hearing amplifier” at CES® Las Vegas. Such initiatives by market players are expected to unlock rewarding opportunities for the market growth in the course of the crisis period.

Furthermore, government bodies worldwide are offering support to the hearing amplifier market players to endure their business amidst the COVID-19 catastrophe. For example, the Chinese government has announced pioneering development plans to support developments in several areas including healthcare, medicines, and telemedicine.

Future Scope of the Market:

As per the report, the global hearing amplifiers market is expected to experience continuous growth post-coronavirus pandemic. New players and some of the major players including MDHearingAid, iHEAR Medical, Inc., SOUNDWORLD Solutions, Britzgo.com, Beurer, FocusEar, IntriCon, Otofonix, Etymotic Research, Inc., Amplifon, and others are expected to shape the future of the global hearing amplifiers market in the forthcoming years.

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Emerging Trends: Wearable Cardiac Devices Market Expected to Witness Rapid Expansion by the End of 2027

The sudden outburst of COVID-19 has positively impacted the growth of the global wearable cardiac devices market. The rising demand for remote patient monitoring and growing cases of cardiac disorders are fueling the growth of the market. Growing investments in R&D and development of novel wearable devices by leading companies is expected to offer lucrative opportunities for the growth of the global market during the pandemic period.

The recent research report on the global wearable cardiac devices market by Research Dive deliberates the impact of COVID-19 pandemic on the current and future growth of the market. This report is an in-depth research formulated by expert analysts by analyzing major regional market conditions, key driving factors, and size & scope of the market during the crisis.

Highlights of the Report

The unexpected outbreak of the COVID-19 disease has shown a positive impact on the global wearable cardiac devices market.

According to the report, the global wearable cardiac devices market had garnered a revenue of $930.0 million in 2019 and is expected to surpass $7,733.1 million by 2027, growing at a CAGR of 26.5% during the crisis period.

The size of the market in the current scenario has reached $1,493.9 million due to the augmented use of wearable cardiac devices by heart patients.

Factors Impacting the Market Growth during COVID-19 Pandemic

The global wearable cardiac devices market is expected to experience momentous growth owing to the rising cases of cardiovascular diseases and rising geriatric population across the globe. Furthermore, the rising demand for wearable cardiac devices for remote monitoring of patients during the COVID-19 pandemic is predicted to be the major driving factor for the global market growth.

Current Market Transformation Due to Covid-19:

In the course of this pandemic period, some of the leading players in the wearable cardiac devices sector are profoundly investing in the development of novel wearable devices to aid patients and physicians for offering advanced care and monitoring. For example, in August 2020, GOQii, a smart-tech enabled, integrated preventive healthcare platform, has launched a smart vital watch with integrated pulse oximeter. Such initiatives by market players are anticipated to bring in rewarding opportunities for the market growth during the crisis period.

Moreover, government bodies all over the world are encouraging medical device manufacturing companies for the development of advanced and effective wearable cardiac devices. For instance, in April 2019, Food and Drug Administration (FDA) has offered approval for “KardiaMobile”, an ECG device for detecting the three most common heart arrhythmias, which is developed by AliveCor, a leader in FDA-cleared consumer electrocardiogram technology (ECG).

Future Scope of the Market:

As per the report the global wearable cardiac devices market is projected to undergo substantial growth post-coronavirus pandemic. New players and some of the major players including ZOLL Medical Corporation, Nuubo, Cardiac Rhythm, Biotelemetry Inc., Proteus Digital Health, Hillrom Services Inc., iRhtythm Technologies Inc, Proteus Digital Health, custo med GmbH, Qardio Inc., and others are expected to come up with lucrative opportunities for the market growth in the upcoming years.

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Wednesday, August 11, 2021

Why Smart Manufacturing Market May Skyrocket: Study Revealed Which Players May Turn Game

Though the smart manufacturing market will be hit negatively by the Coronavirus pandemic, it will recover by the end of Q3 2023 and regain its growth. The services segment is anticipated to unlock rewarding growth opportunities, regardless of the COVID-19 disaster. The automotive segment is foreseen to dominate the global market. The Asia Pacific region is likely to show considerable growth during the forecast period. At present, the top market players are applying numerous strategies to withstand their business in this pandemic situation.

The outburst of coronavirus has created significant impact over various manufacturing industries all across the world. Though the smart manufacturing market will be hit negatively by the Coronavirus pandemic, it will recover by the end of Q3 2023 and is estimated to regain its growth in the market once the situation is under control. As per the advice given by the World Health Organization (WHO), maintaining social distance can help in preventing the spread of this life-threatening disease. Government bodies worldwide has imposed complete or partial lockdown across various regions, due to this various manufacturing industries such as electronics, automotive, and many others are considerably impacting the production processes of these companies. Additionally, interruption in continuation of activities and process due to lockdown is expected to cause loss and threats to the normal functioning of many industries. All these factors are significantly obstructing the growth of the smart manufacturing market during the COVID-19 pandemic.

On the other hand, government bodies al across the world are taking initiatives to help the industries during this crisis period. For instance, the U.S. government has extended the federal tax dates from April 15 to July 15 to support the businesses in the COVID-19 pandemic. At present, many top industrialists are working on improving the performance and quality of their products to strengthen their effectiveness in the global industry. In the course of this COVID-19 pandemic, we are helping our clients in understanding the influence of COVID-19 on the global smart manufacturing market.

The global smart manufacturing market is projected to garner $303.0 billion by 2026 and grow at a CAGR of 6.4% from 2019 to 2026, reveals a new report published by Research Dive.

The report segments the global market on the basis of component, end use, and region. This report presents thorough analysis of key drivers, opportunities, restraints, segmental analysis, and top players of the global market.

Factors Influencing the Market

According to the report, rising preference for automated systems from various industries all over the world is considerably fueling the growth of the smart manufacturing market. However, huge investments required for the installation of these systems in initially stages is predicted to hamper the growth of the market.

Services Segment Expected to be Rewarding during Forecast Period

Based on component, the report classifies the global market into hardware, software, and services. Among these, the software segment is projected to surpass to $139.9 billion by 2026. This segment is anticipated to play a significant part in the effective maintenance and control of the automation process, and hence boost the growth of the global market.

Automotive Segment to Lead the Market throughout Forecast Period

By end use, the report bifurcates the global market into aerospace & defense, automotive, chemicals, electrical & electronics, healthcare, petroleum, and others. Among these, the automotive segment grabbed 23.5% of the market share in 2018 and is expected to endure its growth during the estimated period. This is mainly because of the widespread use of advanced technical techniques in the automotive sector to cut down production expenses and improve the effectiveness.

Regional Outlook of the Market

Regionally, the report evaluates the global market across North America, Europe, Asia-Pacific, and LAMEA. Among these, the Asia-Pacific market is estimated to garner $114.8 billion by 2026. This is mainly due to rising demand for the automation of the existing manufacturing processes in this region. On the other hand, the Europe market for is projected to grow at a highest growth rate of 7.3% and create significant growth opportunities all through the estimated period. This is mainly due to the growing demand for technically advanced manufacturing processes across numerous industrial verticals such as consumer electronics, automotive, manufacturing, and other.

Leading Players of the Market

The leading companies in the global smart manufacturing market are Honeywell International Inc., GENERAL ELECTRIC, Schneider Electric, Siemens, Emerson Electric Co., FANUC CORPORATION and Rockwell Automation, Inc., and many others. These market players are undertaking activities including collaborations & partnerships, mergers and acquisitions, geographical expansions, and new product development to obtain a top position in the global industry.

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Early Impacts of COVID-19 on Air Compressor Market Trends and Future Dynamics 2027

The COVID-19 pandemic has negatively impacted the global air compressor market. The key players functioning in the global market are implementing several strategies and the market is expected to recover by Q1/Q2 of 2023.

The COVID-19 pandemic has adversely affected the global air compressor market and a slight drop is witnessed in the growth rate from former predictions. As per new Research Dive published report, the global air compressor market is anticipated to grow at a CAGR of 3.4% by 2026, generating a revenue of $39,884.6 million in the period of forecast from 2019 to 2026. While there is a decrease in the growth rate owing to the COVID-19 crisis, the market is estimated to recover by Q1/Q2 of 2023.

Highlights of the Market

As per our analysts, the accessibility of energy efficient models, cost-effectiveness of air compressors, high operational feasibility are the significant factors impelling the growth of global air compressor market.

The projected market size for the air compressor industry prior to COVID-19 chaos was $32,772.1 million in 2020 and this number is predicted to decrease down to $21,301.8 million post the coronavirus pandemic settles.

The significant scope of air compressors in various industries for air blowing, vacuum packaging, healthcare equipment, spray painting, cleaning, and tool powering are projected to drive the demand for air compressor in the coming future.

Adopting Several Strategies to Sustain in Pandemic Crisis

The leading players of the global air compressor industry include Emerson Electric Co., Air Squared, Inc., BAUER COMPRESSORS, INC., Gardner Denver, Sullair, LLC., Danfoss, Quincy Compressor., BOGE , ZEN AIR TECH PRIVATE LIMITED., and Hitachi, Ltd. These players are implementing various strategies such as mergers and acquisitions to sustain in this unprecedented situation. For instance, in February 2020, Perkins was introduced by Sullair, which is a portable diesel air compressor. These compressors have excellent durability and provides high performance. In addition, Perkins has a turbo-charged compressor engine, which helps in working efficiently in the high altitudes.

Elgi Equipment’s, the global air compressor manufacturer announced that they will close all the facilities of the company due to coronavirus pandemic. Eventually, this is obstructing the growth of global market.

Global Industry to Witness Noteworthy Growth Post-COVID-19 Chaos

Research Dive states that the global air compressor market is projected to witness a noteworthy growth post-coronavirus pandemic. The industry players are getting immense support from the governments to grow in the global market.

The rising demand from several industries all over the world will be a driving factor for the market growth. Moreover, retrofitting of existing systems, low operative and maintenance costs, and effective operational activities will propel the market growth after COVID-19 pandemic.

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COVID-19 Impact: Which Are the Key Players Evolving In the Growth of Aerospace 3D Printing Market?

The sudden outbreak of COVID-19 has imposed a partially negative impact on the growth of the global aerospace 3D printing market. The market is expected to recuperate from the losses suffered during this pandemic by the third or fourth quarter of 2022. Shutdown of airplane services during this pandemic period is severely hampering the growth of the market. The market is expected to experience significant growth after the resumption of the aerospace industry post-COVID-19 crisis.

Research Dive presents a new research report on the global aerospace 3D printing market which elucidates the impact of COVID-19 pandemic on the present and future growth of the market. This report is an exhaustive research drafted by market analysts by evaluating key booming factors, major regional market situations, restraints, and trends & developments in the market amidst the COVID-19 crisis.

Key Statistics of the Report:

The aerospace 3D printing market has witnessed substantial growth in the past years, however, the abrupt rise of the Coronavirus pandemic has considerably affected the growth of the market.

As per the report, the global aerospace 3D printing market was accounted at $887.9 million in 2018 and is anticipated to gather a revenue of $5,229.4 million by 2026, rising at a striking growth rate of 24.6% in the next few years.

In the current condition, the market has managed to collect a revenue of $780.9 million which is less than the predicted revenue, due to the shutdown of airplane services during the lockdown. Researchers have projected that the market is likely to recover from the incurred losses and grow considerably by the third or fourth quarter of 2022.

Factors Hampering the Market Growth amidst Covid-19 Pandemic

The enforcement of lockdown and restriction on travel services has caused a severe threat to the growth of the global aerospace 3D printing market in 2020. However, the market is expected to experience significant growth after the resumption of airplane services, post-COVID-19 pandemic.

Current Market Transformation Due to Covid-19:

In the course of this crisis period, companies are implementing various business tactics to survive their businesses. 3D printing manufacturers are investing in new technologies that will considerably reform the industry amidst and post Covid-19 pandemic. Several leading companies in this sector are offering a helping hand in the production of protective equipment, face shields, and ventilator to fight against this deadly virus. For instance, Airbus, the world’s largest aircraft manufacturer has taken an initiative to produce 3D printed visor frames for providing healthcare professionals with individual protection equipment as a safety measure to combat COVID-19.

Moreover, nearly 78,000 men and women from Collins Aerospace and about 70 3D printers from Raytheon Technologies global locations have joined hands to manufacture face shield headbands. Some of the foremost market players functioning in the aerospace 3D printing market include Arcam AB, 3D System Corporation, EOS GmbH, Aerojet Rocketdyne, Norsk Titanium, Envisiontec GmbH, Ultimaker B.V., MTU Aero Enginess AG, Materialise NV, Hoganas AB, and others.

Post-pandemic Market Insights:

At this moment in time, the market is experiencing a downfall in its growth rate, however, by 2022, the market is likely to undergo additional growth due to the growing demand for lightweight aerospace components. This growth will be mainly driven by a downfall in the supply of aerospace parts and the potential of 3D printing technology to produce complex parts related to the aerospace sector. Hence, the market is expected to recover after the end of COVID-19 pandemic and grow significantly in the upcoming years.

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Why Dynamics of Inkjet Coders Market Is Changing Drastically? What If History Is Any Guide?

The pandemic situation has slowed down growth rate of the inkjet coders market. The market is predicted to grow in the forecast period despite the COVID-19 situation. The primary factor for the growth of inkjet coders prior to COVID -19 was due to technological advancement by major companies and increasing demand by many end use industries for printing of various details of the products. The pandemic has created a decline in the speed of the growth of the inkjet coder market. The factor which affects the growth of the inkjet coders is the lockdown of many industries and many manufacturing units where the inkjet coders are used. Moreover, lockdown has blocked almost all the industrial activities. With the span of the time, the inkjet coder market is predicted to grow again with the opening of various industries and manufacturing units across the globe.

As per a new report published by Research Dive, the inkjet coders market is set to generate a revenue of $2,139.0 by 2026, at a CAGR of 4.9% during the forecast period from 2019 to 2026.

The segmentation of the market has been done on the basis of type, application and region. The report provides in-depth insights on drivers, vital segments, opportunities, restraints, and key players of the market. As per our analysts, increasing technological advancement and rising demand of the printers in various industries are predicted to be the major driving factors for the market. Moreover, the printing quality and splitting of inks is considered to be the major restraints for the market in the forecast period.

TIJ Segment and Food application is predicted to be the most profitable segments in the market

Depending on type, the inkjet coder market is bifurcated into CIJ coder, TIJ coder, DOD inkjet coder and others. TIJ segment accounted for $438.8 million in 2018 and is predicted to grow with a CAGR of 5.4% in the forecast period. TIJ offers the companies to print the details in the most cost effective manner and with a good resolution, which it is predicted to boost the TIJ segment in the forecast period.

Depending on application, the inkjet coder market is bifurcated into food, pharmaceutical, cosmetic, automobile, pipes, wires & cables, tobacco, packing and others. Food application segment accounted for $365.6 million in 2018 and is predicted to grow with a CAGR of 4.7% in the forecast period.

Geographical Analysis and Major Market Players

On the basis of region, the global inkjet coders market is segmented into North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific Market generated a revenue of $438.8 million in 2018 and is predicted to grow with a CAGR of 5.3% before the COVID-19 pandemic situation. Shift of the major manufacturing companies into the region and government initiatives for setting up of manufacturing units is predicted to boost the market in the forecast period.

The major key players in the inkjet coders market are Elmark Packaging, Squid Ink Manufacturing, Inc., Koenig & Bauer AG, Markem-Imaje, Linx Printing Technologies, Shanghai Rottweil Handyware Printing Technology Co., Ltd, Domino Printing Sciences plc, Media Data Systems Pte Ltd, ID Technology, LLC., KGK Jet India., and XAAR.

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The COVID-19 Fallout: Beacon Technology Market in 2020 - What Does the Year Ahead Hold?

The abrupt outbreak of COVID-19 pandemic has adversely affected the growth of the global beacon technology market. The market is predicted to recover from the incurred losses by the first or second quarter of 2022.

The recent research report on the global beacon technology market by Research Dive reveals the impact of the COVID-19 pandemic on the present and future market growth. This report is a meticulous research formulated by analyzing several aspects of the market such as key driving factors, restraints, investment opportunities, new trends & developments, and size & scope of the market during the COVID-19 disaster.

Highlights of the Report:

The global beacon technology market has witnessed significant headway previously, but the sudden rise of the COVID-19 pandemic has declined the growth of the global market to some extent.

As per the report, the global beacon technology market was valued at $504.7 million in 2018 and is anticipated to garner a revenue of $38,803.9 million by 2026, rising at a CAGR of 71.7% in the upcoming years.

The size of the market in the current circumstances has reached $1,082.6 million due to the stoppage of industries and businesses and the execution of lockdown in COVID-19 infected countries. Analysts have estimated that the market is likely to recuperate from the incurred losses by the first or second quarter of 2022.

Factors Impacting the Market Growth amidst COVID-19 Pandemic

The implementation of lockdown in several parts of the world has resulted in a slowdown or cessation in the functioning of various industries and businesses. However, by end of 2020 a significant rise in the use of beacon technology has been estimated. This is because several organizations are developing innovative applications using beacon technology to avert the spread of misinformation about number of diagnosis and treatment options, death tolls, and vaccination.

Response of Market Players to COVID-19 Pandemic:

Several businesses have started utilizing beacon technology in novel applications during the crisis period. For instance, Google and Facebook have joined hands to help NHS prevent the spread of fake news related to COVID-19. Moreover, Estimote, an experts in location and proximity solutions is planning to develop a wearable Bluetooth location detector for workplace-level contact tracing to evade close contact and curtail the spread of COVID-19 infection.

Moreover, government bodies over the world have taken initiatives for the implementation of various techniques to prevent close contact with the help of beacon technology. For instance, the government in Bangalore, India has fitted in many devices to avoid the close contact of fellow passengers and curtail the spread of COVID-19 infection on the airport.

Post-pandemic Market Insights:

Market players are taking significant steps and forming new business strategies to recover from the losses suffered during the pandemic. Implementation of AI and ML with Bluetooth low energy beacons is expected to unlock rewarding opportunities for the growth of the market post-COVID-19 pandemic. Due to such advanced technological developments, the global beacon technology market is estimated to gain tremendous growth after the end of the crisis period.

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Corona Impact: Is 3D Sensor Market will Propel with its Advanced Approaches in 2020

The unexpected episode of Coronavirus tragedy has imposed an optimistic impact on the global 3D sensor market growth. Rising demand for electronic devices equipped with 3D sensors during the covid-19 pandemic is boosting the growth of the global market. Market players are coming up with vibrant opportunities and are likely to invest in novel technologies in the forthcoming years.

The newest research report on the global 3D sensor market published by Research Dive confers the influence of COVID-19 pandemic on the current and future growth of the market. This report is a comprehensive research articulated by analysts by considering all the vital aspects such as regional market situations, market boomers and restraints, opportunities, and size & scope of the market during COVID-19 pandemic.

Key Highlights of the Report:

The COVID-19 crisis has impacted the global market for 3D sensor positively. According to the report, the global 3D sensor market was accounted for $1,464.6 million in 2018 and is expected to garner $12,937.2 million by growing at a healthy growth rate of 31.8% by 2026. In the current circumstances, the size of the market has reached nearly $2,537.9 million due to the growing demand for electronic devices with 3D sensors.

Market Boomers amidst Covid-19 Pandemic:

To avert the spread of Coronavirus disease, government bodies had imposed strict lockdown in many parts of the world. However, in spite of great efforts by researchers and scientists, the vaccine for COVID-19 is still not discovered. Hence, to bring the economic balance of countries back to normal, government has decided to partially break the lockdown and open markets especially the essential goods stores. This has given a boost to the need for cameras equipped with 3D sensors that are capable of monitoring the activities of people in crowded places. Cameras equipped with 3D sensors are helping authorities to keep an eye on people and make sure that they are wearing masks and practicing social distancing. Due to all these factors, the global 3D sensor market is anticipated to observe incredible growth in the coming years.

Current Face of the Market Due to Covid-19:

Some of the top players in this market are focused on developing more advanced 3D sensors to cope with the cumulative demand for high-quality devices during this crisis period. Outsight, a France based firm has developed an autonomous laser integrated 3D semantic sensor technology that can track individuals over a large area. The technology helps in monitoring people in crowded places and check if they are wearing masks, their body temperatures, and whether they are following social distancing.

Major players in the 3D sensor market are currently focusing on novel developments in the technology and finding different ways to deploy advanced 3D sensors in many devices including cameras, smartphones, medical equipment, and others. However, the market is witnessing a decline in demand from the manufacturers’ viewpoint. This is because the production of electronic components has been halted and there is no supply of raw materials, adequate labor force, and availability of logistics for delivery.

Craig Resnick, the vice-president of ARC Group has advised other manufacturers to utilize this crisis period as an opportunity and invent novel and innovative techniques that can help in the fight against this deadly disease and serve their customers in a better way in the coming years.

Future Scope of the Market:

According to the report, the global 3D sensor market is projected to experience continuous growth post-coronavirus pandemic. The reduction in costs and adoption of novel technologies is expected to offer beneficial opportunities for the growth of the 3D sensor market in Asian nations including China and Japan in the next few years. New entrants and some of the leading players including Keyence, Infineon Technologies, Sony, LMI Technologies, Cognex Corporation, OmniVision Technologies, IFM Electronic, PMD Technologies, Intel Corporation, Microchip Technology, and others are projected to come up with novel advances and bring in rewarding opportunities for the market growth in the next few years.

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Friday, August 13, 2021

Factors Affecting the Market Growth

The Gel-Based Hand Sanitizer to be the Most Lucrative

The Online Distribution channel will have Significant Market growth, During the forecast period

Geographical Analysis and Major Market Players

Highlights of the Report:

Factors Driving the Market Growth amid COVID-19 Pandemic:

Current COVID-19 Impacted Scenario of the Market:

Future Scope of the Market:

Report Highlights

Forces Controlling the Growth of the Global Smart Learning Market:

Market Trends

Market Prospects

Highlights of the Report

Factors Impacting the Market Growth during COVID-19 Pandemic

Current Market Transformation Due to COVID-19:

Future Scope of the Market:

Highlights of the Report

Factors Impacting the Market Growth during COVID-19 Pandemic

Current Market Transformation Due to Covid-19:

Future Scope of the Market:

Wednesday, August 11, 2021

Factors Influencing the Market

Services Segment Expected to be Rewarding during Forecast Period

Automotive Segment to Lead the Market throughout Forecast Period

Regional Outlook of the Market

Leading Players of the Market

Highlights of the Market

Adopting Several Strategies to Sustain in Pandemic Crisis

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Key Statistics of the Report:

Factors Hampering the Market Growth amidst Covid-19 Pandemic

Current Market Transformation Due to Covid-19:

Post-pandemic Market Insights:

TIJ Segment and Food application is predicted to be the most profitable segments in the market

Geographical Analysis and Major Market Players

Highlights of the Report:

Factors Impacting the Market Growth amidst COVID-19 Pandemic

Response of Market Players to COVID-19 Pandemic:

Post-pandemic Market Insights:

Key Highlights of the Report:

Market Boomers amidst Covid-19 Pandemic:

Current Face of the Market Due to Covid-19:

Future Scope of the Market: