A Market Place Research – Page 1737

Silicone Elastomer Market to grow at 6.0% CAGR from 2021 to 2030 | Global Value $7.3 billion

By region, the global silicone elastomer market across Asia-Pacific, followed by North America, dominated in 2020, accounting for nearly half of the market, owing to presence of key players & huge consumer base in the region and rise in environmental concerns about carbon emissions in China, India, and Japan. However, the market across LAMEA is anticipated to showcase the highest CAGR of 6.6% during the forecast period, owing to rise in demand from end-use industries such as healthcare, automobile, and medical device.

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As per the report by Allied Market Research, the global silicone elastomer market was accounted for $6.9 billion in 2020, and is expected to reach $7.3 billion by 2030, growing at a CAGR of 6.0% from 2021 to 2030.

By product type, the liquid silicone rubber segment held the largest share in 2020, accounting for more than half of the global silicone elastomer market. In addition, the segment is estimated to register the highest CAGR of 6.2% during the forecast period, due to rise in demand from medical device, healthcare, and electronics industries. The report includes an analysis of other segments such as high temperature vulcanized and room temperature vulcanized.

By end-use industry, the automotive segment is projected to manifest the highest CAGR of 6.5% from 2021 to 2030, due to rise in demand for automobiles from Asia-Pacific region and increase in demand for silicone elastomer from automobile manufactures to reduce weight of vehicle and boost efficiency. However, the construction segment held the largest share in 2020, accounting for around one-fourth of the global silicone elastomer market, owing to rise in demand from developing countries such as China, India, Brazil, South Africa, and UAE.

Rise in demand from the construction industry and surge in demand from the electronics industry have boosted the growth of the global silicone elastomer market. However, high cost of silicone elastomer hinders the market growth. On the contrary, increase in demand from the automobile industry is expected to open new opportunities in the future.

Covid-19 scenario:

• The Covid-19 pandemic has reduced the sales of silicone elastomer due to halted manufacturing activities in end-use industries.
• Owing to the shutdown of production factories and lockdown to curb the spread of the virus, the vehicle manufacturing activities declined significantly. This disrupted the supply chain and increased the prices of raw materials.

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Key players that operate in silicone elastomer market are ICM Products Group, Elkem AS, KCC Corporation, The Dow Chemical Company, Mesgo S.p.A., Momentive Performance Materials Inc., Reiss Manufacturing, Inc., Shin-Etsu Chemical Co., Ltd., Specialty Silicone Products Inc., and Wacker Chemie AG (Wacker).

Other players in the value chain of silicone elastomer market include Stockwell Elastomerics, Inc., Innovative Silicones, Universal Rubber Mfg nv, Cauchos Pedro Romero S.L., Zhongshan Tinhou Plastic Industrial Co., Ltd., SF Composites, Huzhou Longtong Chemical Co., Ltd., Hsuan Hau Enterprise Co., Ltd., Shenzhen Inno Silica Co., Ltd., HÜBERS, ShenZhen LiYaTe Technology Co., Ltd. (LiYaTe), Intek Adhesives Ltd., and 2D Chemical Ltd.

Similar Report:

Silicone Market

Silicone Potting Compounds Market

Silicone In Construction Industry Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

North America Luxury Furniture Market is Expected to reach $9.2 Billion by 2022

North America Luxury Furniture Market Report, published by Allied Market Research, forecasts that the market is expected to garner $9.2 billion by 2022, registering a CAGR of 3.1% during the period 2016 – 2022.The U.S. is the biggest luxury furniture market in North America, followed by Canada.

Improving economic conditions throughout the region, have created favorable conditions for the growth of luxury furniture market. The increasing purchasing power of the consumers across US, Canada and Mexico, coupled with the improving real estate sector, largely supplement the market growth.

The North American luxury furniture market is fragmented, with the presence of several family-run domestic companies. Moreover, players from other regions also operate in this market, thereby further intensifying the competition. Online portals are extensively used as a platform for sales by the companies operating in the market. The strategic tie-ups between the market participants and the interior designers have broadened the scope of this market and help to create product awareness among the end users. Luxury furniture also reflects the social status of individuals, a trend that boosts the growth of this market in North America.

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The demand for wood furniture is highest in the North American market because of high aesthetic value associated with it. The glass furniture segment is expected to witness the fastest growth from 2016 to 2022, catalyzed by its rising demand in the corporate and hospitality sector. The plastic furniture segment is likely to grow at the slowest pace during the forecast period owing to the environmental concerns associated with plastic degradation and its lack of aesthetic value, as compared to other materials. Eco-friendly furniture and multifunctional furniture are gradually gaining popularity. Growing environmental awareness and space constraints in urban regions drive the adoption of these furniture in the North American market.

Currently, the U.S. is the largest market for luxury furniture followed by Canada. Economic growth in the North American countries majorly contributes to the growth of the North American market.

Key Findings of North America Luxury Furniture Market:

The wood luxury furniture segment led the market with about 24% market share in 2015, and is estimated to dominate the market throughout the forecast period.
The domestic end-user segment is expected to continue to dominate the North American market over the forecast period.
The hospitality sector within the commercial user segment is expected to exhibit a steady demand for luxury furniture, with a CAGR of 2.5% during the forecast period.

Domestic manufacturers in the luxury furniture market, such as Brown Jordan, Century Furniture LLC, Kindel Furniture Company, Cococo Home, and Gilani Furniture, largely focus on manufacturing stylish luxury furniture products with high-quality raw materials. Thus, the companies in this market compete on the two key aspects of material and style. New product launch complemented with innovative design is the key strategy adopted by companies. In addition, the growing preference of e-commerce platforms by customers to purchase furniture products, is likely to help the market players to expand their market presence, which, in turn, is expected to boost the overall market growth.

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CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Porters five forces analysis

3.3.1 Bargaining power of buyer
3.3.2 Bargaining power of suppliers
3.3.3 Threats of new entrants
3.3.4 Threats of substitute
3.3.5 Rivalry

3.4 Value chain analysis
3.5 Market dynamics

3.5.1 Drivers

3.5.1.1 Increasing disposable income
3.5.1.2 Rapid urbanization
3.5.1.3 Growth in real estate industry
3.5.1.4 Changing lifestyle and behavior of consumer

3.5.2 Restraints

3.5.2.1 Lack of skilled workforce
3.5.2.2 Increasing cost of raw materials

3.5.3 Opportunities

3.5.3.1 Increasing online retailing
3.5.3.2 Development of multifunctional furniture

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AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

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Vietnam Sanitary Ware and Bathroom Accessories Market Revenue Expected to Reach $685.2 Million by 2025, Registering a CAGR of 6.4% from 2018 to 2025.

Sanitary ware refers to products used in bathrooms and kitchens. These include wash basins, toilet sinks, pedestals cisterns, faucet, showers, and other bathroom accessories. The Vietnam sanitary ware & bathroom accessories market is expected to see robust growth in the upcoming years. The changing landscape, in tandem with the upcoming trends and the growth trajectory that Vietnam is experiencing, is fast-tracking the growth of the sanitary ware industry in the region. This pace of growth is expected to continue in the foreseeable future, driven primarily by rapid urbanization, increase in disposable income, and expansion of hospitality industry in the region

Also, there lies colossal untapped opportunities for online distribution channel. Online attractiveness of sanitary ware products is mainly driven by the price transparency. Convenience acts as a prominent factor for millennials on account of their hectic lifestyle. The battle between offline and online will turn into an amalgamation of retail modes to offer more engaging Omnichannel experience to consumers.

According to a new report published by Allied Market Research, titled, “Vietnam Sanitary Ware & Bathroom Accessories Market is projected to reach $685.2 million by 2025, registering a CAGR of 6.4% from 2018 to 2025.

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Sanitary ware are products installed in bathrooms and kitchens such as toilet/water closets, toilet sinks, cisterns, washbasins, showers, faucets, and other bathroom accessories. Sanitary ware items are generally made up of ceramics. However, sanitary wares are also manufactured using metals, glass, or plastics. The ceramic sanitary wares are cost effective, have excellent resistance to chemical attacks, and can withstand heavy loads as well.

Backed by economic growth, increase in demand for concept bathroom, rise in disposable income, and expansion in residential sector, the sanitary ware & bathroom accessories market in Vietnam has experienced a robust growth in past few years. New trends of concept bathroom and eco-friendly sanitary ware and customization fuel the market growth. Furthermore, new water saving technologies and sustainable material for sanitary ware further propel the market growth. Furthermore, rise in construction activities, increase in disposable income of consumers, surge in urbanization, growth in shift from unbranded products to branded products, and strong replacement demand boost the Vietnam sanitary ware & bathroom accessories market growth. Moreover concept bathrooms is poised to gain wide traction in the coming years; consequently, the importance of in-store experience has increased in many folds. Engaged stakeholders in the Vietnam sanitary ware & bathroom accessories industry have established experience-centers where a customer can view all bathroom accessories and sanitary ware at a single place.

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The Vietnam sanitary ware & bathroom accessories market analysis is based on product type and material. Based on product type, the market is divided into wash basins, toilet sinks, pedestals, cisterns, showers, faucets, and other bathroom accessories. Based on material, it is classified into ceramics, pressed metals, acrylic plastic & Perspex, and others. Based on distribution channel, it is analyzed across retail distribution and wholesale distribution. Based on location, it is bifurcated into commercial and residential.

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Key Findings of The Vietnam Sanitary Ware & Bathroom Accessories Market:

The toilet/water closets dominated the Vietnam sanitary ware & bathroom accessories market share in 2018 and is expected to remain its dominance throughout forecast period

Ceramic sanitary ware is projected to be the most lucrative segment in the Vietnam sanitary ware & bathroom accessories market and is projected to grow with a CAGR of 5.4% during the forecast.

Manufacturers are significantly adopting the concept of a smart bathroom which involves usage of proximity sensors to regulate flow of water owing to the increase in concern for hygiene standards and energy conservation

In terms of volume faucets accounts for about 29% of the Vietnam sanitary ware & bathroom accessories market.

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The key players profiled in the Vietnam sanitary ware & bathroom accessories market include CAESAR Bathroom, Gessi SpA, Innoci Vietnam, Jaquar Group, LIXIL Group, Roca Sanitario, S.A.,TOTO Ltd., Viglacera Corporation, Italisa (Vietnam) Co. Ltd., and Thien Thanh Sanitaryware Joint Stock Company (Thien Thanh).

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Game Development Software Market is Rapidly Growing with Huge Application Scope & Opportunities by 2022-2029

In the gaming industry, 3D modeling techniques are being significantly emphasized to create 3D animated models and 3D visual effects to offer superior gaming experience to the user. Therefore, the trend of 3D games with improved real time experience is considerably driving the game development software market.

In addition, technological advancements in application stores, social networks, and mobile device technologies have resulted in essentialgrowth of the gaming industry. In addition, increase in internet users is expected to drive the market during the forecast period.

However, technological problems linked with cross-platform capabilities and multiple OS deployment compatibility of software is expected to challenge growth of the market to some extent.

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On the other hand, commercialization of 5Gis expected to accelerate development of powerful ‘smart’ apps and generate opportunities for the game development software market.

Virtual reality headsets are making it easier to develop games that provide a realistic experience to players. With the combination of VR headsets and modern VR tools and game engines, it is possible to develop 3D graphics that replicate reality to a higher extent.

The business potential of gaming industry players along with their exciting new technologies are gaining the focus towards experimenting with VR game development.

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5G internet is expected to bring revolution in cloud gaming. High-speed internet will enable game developers to experiment high definition and high-quality graphics for internet gaming.

Mobile gaming is the most affected field by the rise of 5G, as it woulf also enable mobile game developers to experiment with cloud gaming for mobile game users along with console-level graphics.

Major players analyzed include Adobe, Inc., Amazon Lumberyard, Autodesk, Inc., Microsoft Corporation, Epic Games, Inc., NVIDIA Corporation, Unity Technologies Inc., The Game Creators Ltd., Aaryavarta Technologies, and Audiokinetic Inc.

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Impact of COVID-19 on Game Development Software Market:

The COVID-19 outbreak and the global pandemic has marked impact on various industries. Due to lockdown in various countries, people are spending much time on social media, using internet-based calling apps, watching content, and playing games. This change may lead to rise of long-term trendof use of improved apps and services.
The pandemic has impacted positively on the game development software industry as popularity of online gaming is on the rise across the globe. Mobile game development companies are giving reasons to people to stay indoors.
During these times, gaming professionals are spending significant time to develop new games and add new version to their existing games.

Key benefits of the report:

This study presents the analytical depiction of the global game development software industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global game development software marketshare.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global thermistor market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global game development software marketanalysis based on competitive intensity and how the competition will take shape in coming years.

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If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Bio Succinic Acid Market to gain immense traction in the industrial application segment

The industrial application segment dominates the global bio succinic acid market. This segment held more than 40% of total market revenue in 2021, owing to the growing demand for the products in the process of production of polyurethane, tetrahydrofuran, and Polybutylene and many other products. Bio succinic acid is widely used in various industrial applications as a raw material to produce products such as adhesives, solvents, sealants, resins, coatings, and plastics. The rapid urbanization has led to increase in the demand for the bio succinic acid in wide range of industries. The increase in its utilization in the industrial area in the production of various products has augmented the market growth in the coming years.

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Based on end use, the industrial segment held the highest market share in 2020, accounting for more than two-fifths of the global bio succinic acid market, and is estimated to maintain its leadership status throughout the forecast period. This is owing to the rise in demand in the production process of polyurethane, tetrahydrofuran, Polybutylene, and many other products. Moreover, the cosmetics segment is projected to manifest the highest CAGR of 7.5% from 2021 to 2030, due to surge in usage of bio succinic acid for preparing cosmetics with rise in demand for organic products.

Based on region, Asia-Pacific held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global bio succinic acid market. Moreover, the same region is expected to witness the fastest CAGR of 6.8% during the forecast period, owing to its eco-friendly nature and increase in prevalence of allergic or adverse reactions to synthetic dyes. The research also analyzes regions including North America, Europe, and LAMEA.

According to the report by Allied Market Research, Global Bio Succinic Acid Market was over $126.80 million in 2020, and is anticipated to exceed $235.02 million by 2030, witnessing a CAGR of 6.41% from 2021 to 2030. Volatility in fossil fuel prices, rise in carbon footprints, and increase in usage of locally available raw materials drive the growth of the global bio succinic acid market. However, high price of bio succinic acid and lengthy extraction processes hinder the market growth. On the other hand, increase in its adoption in wide range of applications, especially, in bio-plastics, which presents new opportunities in the coming years.

Leading Market Players

1. BASF SE
2. Bio Amber
3. DSM
4. Kawasaki Kasei chemicals
5. Mitsubishi Chemical Holdings
6. Mitsui Chemicals
7. Myriant
8. Purac
9. Reverdia
10. RoquetteFreres S.A.

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Covid-19 Scenario

1. The outbreak of the COVID-19 pandemic has had a negative impact on the growth of the global bio succinic acid market, owing to unavailability of raw materials, absence of labor force, and reduction in demand for bio-succinic acid from the end use industries.
2. The pandemic led to the global lockdown, which halted the production facilities and disrupted the supply chain. This, in turn, hampered the market growth.
3. However, the market is going to recover soon in 2022, as the demand from end use industries regains steadily.

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Alkyl Succinic Anhydrides (ASA) Market and Forecast, 2022-2029

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Leather Goods Market to be Worth $94.7 billion At A CAGR Of 5%

Leather Luggage and Goods Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $94.7 billion by 2020, registering a CAGR of 5% during the period 2015-2020. In 2014, Asia-Pacific generated the highest revenue, followed by Europe and North America. Leather goods held a prominent share in the product type category in 2014, owing to factors such as growing per capita income, increasing tourism rate, and evolving fashion trends.

Travel bag is expected to be the fastest growing segment in the leather luggage market, registering a CAGR of 6.9% during the forecast period 2015-2020. This growth is attributable to the increasing number of domestic and international trips, by commuters worldwide. Consumers prefer compact and easy-to-handle travel luggage during transit, thus increasing the demand for lightweight and easy maneuvering luggage products. However, in leather goods segment, handbags are expected to witness the fastest growth, owing to the rise in working women population and the consequently increased economic independency, which has encouraged them to own multiple high-end branded leather handbags, thereby increasing the demand of handbags globally.

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The retail stores held a major share in the global leather luggage and goods market in 2014. Renowned companies are establishing new retail outlets in the untapped regions to expand their footprint in the market. For instance, in 2015, Prada opened its first store in Jakarta, Indonesia, which offers leather bags and accessories for both men and women. Through retail outlets, market players aim to provide a wide assortment of leather products to their consumers under a single roof. The online store segment is anticipated to grow at a rapid rate, registering a CAGR of 26% during the forecast period (2015 – 2020). Exposure to social media, increased convenience and the rising usage of digital devices for the purpose of online shopping, have fostered the growth of online sales platform.

In 2014, Asia-Pacific dominated the global leather luggage and goods market followed by Europe. A rising middle-class segment, along with increase in disposable income of consumers in regions such as India and China, has resulted in growing demand for new and trendy leather products in the Asia-Pacific market.

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Key Findings of Leather Luggage and Goods Market:

The global leather luggage and goods market is expected to exhibit notable growth during the forecast period because of growth in disposable income, increase in domestic and international trips, and rise in the number of fashion-conscious consumers.

In 2014, leather goods accounted for 74.3% share in the overall leather luggage and goods market

Women goods segment is expected to be the highest revenue-generating segment throughout the analysis period

The online sales segment is likely to register a higher growth in comparison to the retail stores, with an anticipated CAGR of 26% during the forecast period

Asia-Pacific is estimated to witness the highest growth during 2015 -2020

Expansion and acquisition are the key growth strategies adopted by the market players to establish a strong foothold in the market and expand their customer base. In 2015, Coach, Inc. acquired Stuart Weitzman Holdings LLC, one of the leading manufacturers of women luxury footwear. This acquisition would strengthen the position of Coach, Inc. in the high-end handbags and accessories segment. The key companies profiled in the report include Prada, Samsonite International S.A., Louis Vuitton, Hermes International S.A., Coach, Inc., Kering SA, Delsey S.A., Christian Dior SE, Tumi Holdings, Inc., and VIP Industries Ltd.

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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Aqua Gym Equipment Market | Industry , Trend, Growth, Analysis, Opportunity, Forecast 2021-2028

Aqua Gym Equipment Market Outlook – 2027

The aqua gym equipment market consists of gym apparatus and gears for exercise in fairly shallow water such as in a swimming pool. The aqua gym equipment consist of water dumbbells, barbells, exercise balls, buoyancy belts, water fan paddles, aquatic wrist/ankle weights, aqua noodle, aquatic bike, and aquatic treadmill.

Rise in consumer awareness to lead a healthy life and the need for weight-bearing exercises majorly drive the market growth. Further, different health benefits, such as cardiovascular stamina, muscle strength & flexibility, and others, associated with aqua gym also fuel the market. Product innovation is another factor that makes way for growth opportunities. However, high cost of equipment restrain the growth of the market.

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The aqua gym equipment market is segmented on the basis of product type, distribution channel, and geography. By product type, the market is bifurcated into cardiovascular aqua gym equipment and strength training aqua gym equipment. By distribution channel, it is categorized into specialty stores, supermarkets & hypermarkets, and online platform. Based on geography, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

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The key market players in the aqua gym equipment market include Aqua Gear Inc. (U.S.), Excel Sports Science, Inc. (U.S.), La Spirotechnique (France), Speedo International Ltd. (Australia), Aquapole (New Zealand), N-FOX (Poland), HYDRO-FIT (U.S.), Sprint Aquatics (U.S.), Texas Rec (U.S.), and Beco Beermann GmbH & Co. KG (Germany).

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Key Benefits

The study provides an in-depth analysis of the aqua gym equipment market with current and future trends to elucidate the imminent investment pockets in the market.
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
The report provides information regarding key drivers, restraints, and opportunities.
Quantitative analysis of the current market and estimations through 2017-2023 are provided to showcase the financial caliber of the market.

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Aqua Gym Equipment Market Key Segmentation

By Product Type

Cardiovascular Aqua Gym Equipment
Strength Training Aqua Gym Equipment

By Distribution Channel

Specialty Stores
Supermarkets & Hypermarkets
Online Platform

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players

Aqua Gear Inc. (U.S.)
Excel Sports Science, Inc. (U.S.)
La Spirotechnique (France)
Speedo International Ltd. (Australia)
Aquapole (New Zealand)
N-FOX (Poland)
HYDRO-FIT (U.S.)
Sprint Aquatics (U.S.)
Texas Rec (U.S.)
Beco Beermann GmbH & Co. KG (Germany)

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ZigBee Market is Rapidly Growing with Huge Application Scope & Opportunities by 2022-2029

Surge in demand for smart homes with ZigBee enabled devices across the globe is the major factor that drives ZigBee market growth. In addition, increase in adoption of ZigBee products and services across different industry verticals is expected to supplement the market growth.

However, low data transfer speed and short-range network hamper the market growth. Furthermore, increase in adoption of internet of things (IoT) and mobile-based app across the globe is expected to provide lucrative opportunity for the global ZigBee market.

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ZigBee technology integrated products make homes more smarter, safer, comfortable, and energy efficient. Many large operators, utilities, and service providers are launching smart home applications such as appliances that can be monitored and controlled remotely from anywhere via smartphones or tablets. With the increase in demand for smart homes across the globe, demand for ZigBee technology is also expected to increase.

North America is expected to have the largest market share during the forecast period, owing to advancements in technologies and large number of ZigBee product and service providers.

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In addition, Asia-Pacific is also expected to witness a significant growth, owing to emerging economies such as India, China, and Japan and rise in demand for wireless technology devices that consume less power.

COVID-19 Scenario Analysis:

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, and expected to significantly affect the ZigBee market in 2020.
Though governments have imposed lockdowns to contain spread of the virus, all businesses are closed and most companies have initiated work from home for employees, which creates rise in demand for ZigBee technology.

Key benefits of the report:

This study presents analytical depiction of the global ZigBee market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ZigBee market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global ZigBee market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed ZigBee market analysis based on the present and future competitive intensity of the market.

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Vertical Farming Crops Market Overview By Key Factors, Scope, CAGR of 26.2%,Drivers, During 2021 – 2027

According to the report, the global vertical farming crops industry was estimated at $212.4 million in 2019, and is expected to hit $1.38 billion by 2027, registering a CAGR of 26.2% from 2021 to 2027.

Drivers, restraints, and opportunities-

Increase in demand for fresh, pesticide free, and locally grown produce, limited availability of arable land for conventional agriculture, and ease of crop monitoring and harvesting in vertical farming fuel the growth of the global vertical farming crops market. On the other hand, high initial investment and limited varieties of crops compatible for cultivation impede the growth to certain extent. However, growing interests for specialty produce from master chefs are expected to create multiple opportunities in the industry.

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Covid-19 scenario-

The outbreak of the pandemic has led people to develop greater interest toward having locally grown productions and thus, there’s been a considerable increase in the trend of vertical farming among individuals across the world.
On the other hand, several restrictions on transportation, during the first phase of the lockdown, caused disruptions in the supply of necessary equipment required in the process. However, government bodies in different regions have started eased off the regulations. This has helped the market players re-initiate their activities.

The direct retail segment to dominate by 2027-

Based on end user, the direct retail segment contributed to around two-thirds of the global vertical farming crops market share in 2019 and is projected to lead the trail by the end of 2027. The main purpose of vertical farming cultivators is to deliver fresh, pesticide-free plants to the local retailers so that the final consumers can avail the benefits of the produce within initial hours of harvest. Hence, majority of the companies have an ultra-short supply chain and deliver the produce almost regularly to local retailers. This factor drives the segment growth. The food service segment, on the other hand, would manifest the fastest CAGR of 26.4% throughout the forecast period. Increasing demand especially for year-round crops and specialty plants from local restaurants and cafes, food distributors, and small growers propels the growth of the segment.

The hydroponics segment to retain its dominance by 2027-

Based on farming technique, the hydroponics segment accounted for more than two-fifths of the global vertical farming crops market revenue in 2019 and is anticipated to maintain the lion’s share till 2027. The fact that the process costs less and offers faster returns on investment drives the segment growth. Simultaneously, the aeroponics segment would showcase the fastest CAGR of 27.2% from 2021 to 2027. This is because crops grown through aeroponics grow faster and are less prone to diseases.

North America garnered the highest share in 2019-

Based on geography, North America held the major share in 2019, garnering more than one-third of the global vertical farming crops market, due to alarming rate of water level depletion, presence of drought-stricken states, and increase in environmental concerns. At the same time, Asia-Pacific would portray the fastest CAGR of 27.0% by 2027. This is attributed to the fact that several Asian countries have organizations whose objective is to encourage city agriculturalists with the ability to grow locally for sustainable food production.

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Frontrunners in the industry-

PlantLab
Spread Co.
Green Spirits Farm
AeroFarms
Bowery Farming
CropOne
Plenty
InFarm
Gotham Greens
AgriCool

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Babynes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 to 2030

Babynes is a beverage machine used to make formula milk from single-use capsules for newborns, infants and toddlers. The Babynes drink maker is user friendly and creates a formula in less than a minute, this Babynes machine uses a single milk capsule with water and creates a single serving for infants and toddlers. The Babyness machine prepares the formula at the right temperature and with the right dosage, this process is quick, hygienic and very easy. The capsules are available in 2 sizes and in 6 formulations; The babynes machine has a chip inside that verifies the authenticity of the capsules and prepares the formulation with one touch in a minute. Babynes drink maker is gaining popularity among people because it prepares perfect formula in a short time and is convenient to use. These are important factors in the growth of the babynes market

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Analysis of the COVID-19 scenario:

During COVID-19, many industries suffered from economic crises; the spread of corona virus diseases has adversely affected the global baby market.
To control the spread of corona virus, nationwide lockdown was imposed by the government, resulting in huge disruption in raw material supply chain and mess in production cycle of global baby market .

Government-imposed restrictions on hypermarkets, supermarkets and specialty stores have led to a sharp drop in demand for babynes drink machines and have had a negative effect on babynes machine sales. People’s panic buying has hampered the demand for baby machines too much.
E-commerce has played an important role in improving the supply chain market and distribution channels as people hesitate and avoid in-store purchases to prevent the spread of COVID-19 diseases.

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Main impact factors: analysis of market scenarios, trends, drivers and impact analysis

The key players are investing heavily in product innovation and are engaged in the research and development process, to come up with improvised and innovative products as consumers demand and to compete with competitors and rival products. Babynes beverage machine itself is a recent innovation, major players have introduced different types of babynes machines such as automatic and manual babynes machine. In the automatic machine, it automatically creates a one-touch formula where as in the manual, the user has to use it manually and it prepares a single-serving formula for infants and toddlers. Innovation in the babynes machine is a key driver for the growth of the babynes market.

In recent years, there has been a significant growth in the number of working women, which makes the life of mothers more hectic and busy, the babynes drink machine makes the life of working women easy and convenient. This babynes machine helps prepare a single-serving formulation with one touch in a minute, these babynes machines are user-friendly and easy to use by caregivers as well. The increase in the number of working women has led to an increase in consumer disposable income is the main driver for the growth of the global baby market.

Babynes milk machines make people’s life easy and convenient, they make the formula at precise temperature and right dosage. The traditional formula making method is very hectic and time consuming, while the Babynes formula maker is simple and short with just one touch. It has many different features as the babynes machine contains a chip inside which helps in verifying the authenticity of the capsule and making the formula hygienically and faster. Wide acceptance of formula milk machine and user-friendly features is an important factor driving the growth of the global baby market.
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Market Trends-

Increase in the adaptation of the BPA-free formula machine.

In recent years, the use of BPA-free plastic has increased in the manufacture of plastic products and bodies, as BPA plastic is very harmful and toxic in nature. BPA plastic has a high chance of causing certain chronic diseases in babies like cancer, childhood asthma, infertility and heart disease; With people’s growing awareness, they started adopting BPA-free plastic products such as babynes BPA machine. The babynes BPA-free machine is safe and the quality of the babynes machine is verified by numerous regulatory bodies. Babynes BPA machines are 100% non-toxic and completely safe for babies. Increase in babynes BPA machine adaptation is fueling the baby market growth and is expected to be more prone during the forecast period.

Increase in the tendency to use gadgets based on wireless and IOT technology.

The Babynes milk machine is based on Internet of Things (IOT) technology which incorporates Wi-Fi and offers easy connectivity with an app or with mobile phones and computers. The Babynes machine offers facilities to parents such as it helps to create a chart for babies feeding schedule, it also offers nutritional advice to babies and even sends alerts to parents whenever the Babynes machine is used by the guardian or any other person. This modern feature of the baby machine is the main factor driving the growth of the global baby machine market.

Key benefits of the report:

This study presents the analytical representation of the babyness industry together with current trends and future estimations to determine impending pockets of investment.
The report presents information related to key drivers, restraints, and opportunities, along with detailed analysis of the babynes market share.
Current market is quantitatively analyzed from 2020 to 2028 to highlight the growth scenario of the Babynes market.
Porter’s Five Forces analysis illustrates the power of buyers and suppliers in the marketplace.
The report provides a detailed analysis of the babynes market based on the competitive intensity and how the competition will shape in the coming years.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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