Electric Skateboard Market - Recent Trends, Key Drivers, Major Challenges

• An electric skateboard is similar to a traditional skateboard except that it comes with an electric motor. An electric skateboard can be controlled by a hand held controller, brakes, or by pads mounted on the skateboard.
• Belt driven skateboards consist of a motor which is placed outside of the wheel next to the wheelbase from where RPM is transferred to the wheel via a belt. On the other hand, the motor is placed inside the wheel in hub design electric skateboards.
• The electric skateboard market is expected to grow during the forecast period due to growing trend of personal mobility, rise in disposable income, and ecofriendly mode of transport.

Key Drivers, Restraints, and Opportunities of the Global Electric Skateboard Market

• Personal mobility is one of the growing trends and where transportation is an issue, electric skateboards come handy and are fun to ride. Electric skateboards are compact, lightweight, and are easy to carry around. Electric skateboards save money in the light of increasing population and parking being an issue.
• Usage of electric skateboards has increased due to the popularity of outdoor sports and recreational activities. Electric skateboards are faster than conventional skateboards, requires less effort, and provides better control, which makes them an attractive option among skaters.

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• People are concerned about the environment and have started adopting transport options which cause no harm to the environment. Also, people have become health conscience and are participating more in outdoor activities. In this scenario, electric skateboards help in improving stability and coordination.
• Many communities or groups conduct competitions in a safe environment with precaution measures in place and thus promote the sport. The maintenance of electric skateboards is easy which makes it an attractive option for people in developing regions.
• Many players are investing in R&D to come up with lighter, cheaper, and more advanced motorized skateboards. Technological advancement by global leaders is expected to have a positive impact on the electric skateboard market. However, advancement in technology may also result in a rise in price of the product which may act as a restraint to the market.
•  Overall, the global electric skateboard market is expected to grow during the forecast period.

North America to Lead the Global Electric Skateboard Market

• Geographically, the global electric skateboard market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
• North America is expected to lead the global market followed by Europe during the forecast period. Asia Pacific is likely to witness rapid growth in the electric skateboard market due to rise in technology and rising disposable income. Cost effectiveness is anticipated to further encourage individuals to purchase electric skateboards in developing economies.

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Key Players Operating in the Global Electric Skateboard Market

Leading manufacturers operating in the global electric skateboard market include:

• Inboard Technology
• Skatebolt
• ACTON Inc.
• Blitzart Inc.
• RideRiptide Electric Skateboard
• Teamgee Skateboard
• Boosted, Inc.

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Litter Vacuum Cleaner Market to Witness a Healthy Growth during 2019-2027

• Litter vacuum cleaners, also known as industrial vacuum cleaners, are machines used for general cleaning in industrial environments. Industrial vacuum cleaners are typically made from steel and other metals having high filtration capacity. Such vacuum cleaners are ideal for extracting fine, dry dust as well as coarse materials such as shavings, scraps, and granules.
• Apart from industrial cleaning, litter vacuum cleaners are also used for commercial purposes, for example, leaf cleanup, cleaning and maintenance of commercial lots, parks, city streets, and highways.

Key Drivers of the Global Litter Vacuum Cleaner Market

• An increase in awareness about safety and hygiene at workplaces is fueling the demand for litter (industrial) vacuums worldwide. Various industries have their own set of challenges, especially the fine and dry dust particles that significantly impact an employee’s health. Thus, vacuum cleaners having strong suction capacity are preferred for industrial usage. The Occupational Safety & Health Administration (OSHA) under the United States Department of Labor has clearly underlined the standards required to be maintained for treating combustible dust. Hence, industrial vacuum manufacturers offer their product portfolio keeping in mind the OSHA standards.

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High Machinery Cost and Heavy Structure to Hamper the Market

• High machinery cost associated with the litter vacuum machines is one of the key retraining factors of the litter vacuum cleaner market. Affordability of such machines in various emerging countries is expected to negatively impact the growth of the litter vacuum cleaner market. Additionally, huge size of vacuum cleaners sometimes hinders the growth of the market as such structures often require frequent maintenance. All these factors hamper the growth of the litter vacuum market.

Merger & Acquisitions of Key Global Players to Offer Attractive Opportunities for Growth of the Litter Vacuum Cleaner Market

• Mergers & acquisitions of key global players in emerging economies are anticipated to offer key business opportunities for the growth of the litter vacuum cleaner market. Merger & acquisition are also likely to help in increasing the geographical presence, thereby resulting in overall growth of the litter vacuum cleaner market.

Asia Pacific Offers Growth Avenues for the Global Litter Vacuum Cleaner Market

• Geographically, the global litter vacuum cleaner market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa and South America
• Countries in North America and Europe boast some of the key companies specialized in litter vacuum cleaner machines. This is due to the adherence of strong standards and regulations for health and hygiene at industrial workplace.
• Countries in Asia Pacific, on the other hand, comprise of some of the emerging economies. Countries such as China, India, and Japan are some of the prominent manufacturers of litter vacuum cleaners in the region.

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Other regions such as South America and Middle East & Africa have strong potential growth for the litter vacuum cleaner market

Key Players Operating in the Global Market

The global litter vacuum cleaner market is highly fragmented with presence of several key global players coupled with numerous regional industrial vacuum cleaner manufacturers. A few of the key players operating in the global litter vacuum cleaner market include:

• Alfred Kärcher SE & Co. KG
• Atlas Copco
• Delfin Industrial Vacuums
• Depureco Industrial Vacuums Srl
• ESTA Extraction Technology
• GHIBLI & WIRBEL SPA

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Smart Drying Racks Market Likely to Emerge over a Period of 2019-2027

• Smart drying racks are increasingly becoming popular in the last couple of years.  Such racks are quite effective in areas facing a space crunch. Collapsible drying racks, also known as convertible drying racks that can be used and removed as and when needed are becoming popular worldwide.
• Smart drying racks are nowadays remotely controlled through mobile applications. Smart drying racks are also equipped with LED strips with color temperature that provides additional light source.

Key Drivers of the Global Smart Drying Racks Market

• Rising demand for small, effective, and efficient racks that can easily be fitted in smaller spaces have resulted in growing demand for portable smart drying racks. Increasing demand for convenience while drying clothes in confined areas is one of the prime reasons for the growth of the smart drying racks market.
• Additionally, demand for residential housing units have increased at tremendous rates with rising urbanization. Demand for smart drying racks in confined spaces is expected to increase during the forecast period due to growth in the number of housing units.

Low awareness regarding smart drying racks to hamper the growth of the market

• However, low awareness about the usage of smart drying racks is a key factor restraining the growth of the market. Smart drying racks are still a luxury product for many people in developing regions. Affordability is one of the prominent reasons responsible for the slow growth of the market.  

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Increasing technological innovation improving convenience offers attractive opportunities for the growth of the market

• Technological innovation in smart drying racks is creating numerous growth opportunities for the growth of the smart drying racks market. Rain detecting smart racks that retract itself during rain, is one such innovation in smart drying racks. Similarly, remotely controlled smart racks, smart internal motors that allows drying racks to move the rods to dry the cloths etc. are some of the latest technologies that creates new business opportunities for the growth of the smart drying racks market.

Asia Pacific offers growth avenues for the global smart drying racks market

• Geographically, the global smart drying racks market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• Countries in North America and Europe boast some of the major companies specialized in smart drying racks
• Asia Pacific on the other hand is one of the strongest regions for the growth of smart drying racks. Countries such as China, Japan, and South Korea as well as many other Southeast Asian countries are specialized in manufacturing smart racks.
• Other regions such as South America and Middle East & Africa have strong potential growth for the smart drying racks market.

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Key Players Operating in the Global Market

The smart drying racks market is highly fragmented with presence of many key global players and presence of many regional manufacturers. A few of the key players operating in the global smart drying racks market includes:

• Xcentrik
• Lbest
• HK
• Xiaomi Corporation (Mr.Bond)
• Hotata
• Cobbe
• ASJ

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Self-lacing Shoes Market Structure Analysis for the Period 2019-2027

• Self-lacing shoes are technology-equipped shoes designed to automatically tighten once an individual puts them on. Self-lacing shoes are also termed as self-tying shoes and power laces. Furthermore, these shoes are introducing features such as self-tightening, heating, and shock-absorbing shoe. Self-lacing shoes are majorly purchased by professional athletes, basketball players, and differently-abled individuals.
• Nike has launched its range of self-lacing shoes named Adapt BB and HyperAdapt 1.0 in the self-lacing shoes market. Puma has introduced its fit intelligence, wirelessly connected self-lacing shoes called AutoDisc.

Rise in Trend of Using Bluetooth-enabled and Application-driven Smart Shoes to Drive the Self-lacing Shoes Market

• Rapid increase in demand for Bluetooth-enabled and application-driven smart shoes is projected to be a driving factor for the self-lacing shoes market. Professional sportspersons such as basketball players, marathon runners, and athletes use these innovative and tech-embedded shoes to keep daily track of their fitness regimen. Moreover, self-lacing shoes are very convenient for differently-abled individuals and senior citizens. Technology plays a vital role in the production process of such products. Brands have to undertake advancement in their technology to be competitive in the marketplace. 

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Lack of Awareness and High Cost of Shoes to Hamper the Self-lacing Shoes Market in the Near Future

• Lack of awareness about self-lacing shoes in various emerging economies across the world is anticipated to restrict the growth of these shoes during the forecast period. The product is very expensive in terms of pricing. Furthermore, it is unavailable in specialty stores and multi-brand retail outlets in various emerging economies. These factors negatively impact the sale of self-lacing shoes in various parts of the globe. Moreover, companies spend heavy amounts on research & development to ensure advancement in technology of self-lacing shoes, which in turn is likely to increase the overall cost of production of these shoes.

North America and Europe Hold Major Share in the Global Self-lacing Shoes Market

• Geographically, the global self-lacing shoes market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America and Europe held majority of market in the global self-lacing shoes market in 2018. The self-lacing shoes market in North America and Europe is projected to expand in a rapid manner in the near future due to rise in usage of self-lacing shoes by professional athletes and basketball players in countries such as the U.S., Canada, Mexico, the U.K., Germany, and France as well as other countries in Europe.  
• Furthermore, the market in Asia Pacific is projected to expand at a significant growth rate during the forecast period. Rise in demand for Bluetooth-enabled and application-driven self-lacing shoes in China, India, and Japan is expected to surge the demand for self-lacing shoes in the Asia Pacific region.

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Key Players Operating in the Self-lacing Shoes Market

Major manufacturers are anticipated to face tough competition during the forecast period. Brands such as Nike Inc., PUMA SE, Powerlace Technology Inc., and Digitsole focus on innovation of new self-lacing shoes to strengthen their product portfolio and drive the sales of self-lacing shoes in the global self-lacing shoes market. Nike Inc. offer self-lacing shoes named Adapt BB and HyperAdapt 1.0. These are Bluetooth-enabled self-lacing sneakers which offer auto-lacing and adapts to wearers’ feet.  Adapt BB was first used at the NBA basketball court by Jayson Tatum. A few of the key players operating in the global self-lacing shoes market are:

• Nike Inc.
• PUMA SE
• Powerlace Technology Inc.
• Digitsole

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Accelerometer and Gyroscope Market Poised to Expand at a Robust Pace Over 2017-2025

Accelerometer is a sort of sensor that measures physical quickening of the gadget in connection to the free fall one way. Ordinarily, an accelerometer prepared in present day gadgets is tri-hub, which has three devoted units lined up with every course to gauge speeding up along them. Gyroscopes sense rakish development along one rotational heading. Accelerometer and gyroscope just give data about the development of a gadget, either in straight or rotational heading; nonetheless, they do give any data about the introduction of the gadget. In complex frameworks, for example, satellites, space vehicles, and rockets, inertial route framework is utilized by the blend of accelerometers and gyroscopes.

Customer electronics fragment was anticipated ruled with over 30% offer in accelerometer and gyroscope market in 2015, as they are utilized as a part of cell phones, tablet, and note pad PCs. In the event that a portable PC tumbles off all of a sudden at that point, accelerometer put close hard circle watches it by detecting the fall, and spares read head of hard plates from shattering by turning it off.

The report offered herewith considers all the fundamental inconspicuous components and factors adding to the change of the overall movement sensor market, for example, market figures, drivers, limitation, designs, openings, market potential, segments, and land perspective. The report helps in understanding the market circumstance and forceful scene for remedial preparing market, by showing the key players, driving locale, business strategies, and degree of improvement.

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Accelerometer and Gyroscope Market: Trend and Opportunities

The accelerometer and gyroscope market is chiefly determined by elements, for example, development in the infiltration of customer hardware and expanding number of vehicles. Demand for shopper gadgets has expanded throughout the years. Nearby, the quantity of vehicles on streets is expanding incrementally and henceforth the accelerometer and gyroscope market is developing quickly. Expanding spending on the barrier division significantly assumes a critical part in the development of the top of the line accelerometer and gyroscope market inferable from the expanding demand for hardware upgraded with smart sensors for different military applications, for example, route, satellite receiving wire situating and some more. Nations associated with clashes are significantly spending on top of the line military purposes. Improvements in robotization of vehicles is one of the significant open doors for the accelerometer and gyroscope market. Nonetheless, accelerometers and gyroscopes give low precision level which is constraining the development of the market.

Accelerometer and Gyroscope Market: Geographical Analysis

Geographically, the market can be portioned into Middle East and Africa, Europe, and South America, North America, and Asia Pacific. Asia Pacific locale is anticipated to demonstrate most noteworthy development in the accelerometer and gyroscope market within the figure time frame because of the expanding number of automobiles.

The report offers a detailed analysis of the market by means of top to bottom subjective bits of information, authentic information, and obvious projections about market measure. The facts and figures presented in the report are inferred by using in-depth research techniques and presumptions. Thusly, the examination report gives in as an archive of findings and data for each aspect of the global and regional market, also consisting of regional markets, innovation, applications and types.

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Accelerometer and Gyroscope Market: Companies Mentioned

The aggressive scenario of the accelerometer and gyroscope market is extremely immersed because of the nearness of an extensive number of players. A portion of the major organizations in the accelerometer and gyroscope market are Analog Devices Inc., Sensonsor AS, KVH Industries, Inc., STMicroelectronics N.V., Colibrys Ltd., Honeywell International, Inc., Kionix, Inc., Fizoptika Corp., Northrop Grumman LITEF GmbH, and Murata Manufacturing Co., Ltd.

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Lighting Ballast Market to Witness Heightened Growth During the Period 2017-2025

Ballast control circuit is a device that is placed in line up with a load in order to limit the amount of electricity or current flow in an appliance for improving the overall efficiency and to achieve different regulatory compliance. The primarily used building blocks that are majorly found across a ballast control circuit includes, an Electromagnetic Interference (EMI) filter, a full wave rectifier, an active PFC front end, a digital control section and a resonant lamp output stage. A ballast control circuit generally works as a fixed or variable resistor. Rising demand for ballast control circuit from different compact fluorescent lamps or from high intensity discharge lamps across the globe is one of the key factor anticipated to trigger the demand for ballast control circuit at an exponential rate during the forecast period from 2017 to 2025.

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In order to provide an in-depth and exhaustive analysis of the market, the global Lighting Ballast Market is a Segmented on the basis of product type and application. On the basis of material used in an electric ballast, the market has been classified into electronic ballast and magnetic ballast. In addition, information related to the demand of lighting ballast across various fluorescent lighting and LED lighting is also highlighted in this report. Moreover, data related to current market condition along with future expected demand trend of lighting ballast across various regions including Asia Pacific, North America, Europe, Middle-East and Africa (MEA) and Latin America is also provided in this report.

Rising demand for LED lighting is one of the most important factor anticipated to boost the demand of lighting ballast at an exponential rate during the forecast period from 2017 to 2025. LEDs outperform the performance of conventional CCFLs (Cold Cathode Fluorescent Lamps) and LCDs (Liquid Crystal Displays) in term of energy efficiency, size, mechanical ruggedness and reliability. Moreover, the overall operating cost of a LED is low as compared to other lighting devices since LEDs consumes less power.

Thus, consumers are increasingly adopting LEDs across various application segments, which in turn is expected to accelerate the demand of lighting ballast in order to integrate different advanced protection features for improving the longevity of various LED lighting devices. In addition increasing adoption of intelligent lighting system is also predicted to create a better opportunity for various lighting ballast manufacturers in the coming years. Digital innovation that is taking place in the lighting industry is expected to accelerate the demand of lighting ballast that enables the lighting appliances to perform various functions such as daylight harvesting, automatic shut-off, personal dimming and demand response among others.

Among the different types of lighting ballast circuit available in the market, magnetic ballast held the largest market share in 2016 owing to its extensive use in across various fluorescent light fixtures. On the other hand, demand for electronic ballast is anticipated to experience a robust growth during the forecast period from 2017 to 2025.

Geographically, the global Lighting Ballast Market is expected to be primarily driven by Asia Pacific region during the forecast period both in terms of market share holding and growth. Huge concentration of lighting ballast manufacturers in this region coupled with its increasing demand from well-established LED light manufacturers is the most important factor behind this region’s rapid growth. In addition, Asia Pacific region is also expected to become the hub for various industries such as hospitality, retail and healthcare. This in turn, is anticipated to increase the demand for different lighting ballasts across various commercial segment as well. The lighting ballast circuit market of Asia Pacific region is followed by North America in terms of revenue generation in 2016.

Some of the major players operating in the global lighting ballast market includes STMicroelectronics (Switzerland), Intermatic (U.S) and Infineon Technologies (Germany) among others.

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LTE Base Station Market Pegged for Robust Expansion during 2017-2025

With different telecom operators around the world are turning their attention towards LTE, the equipment suppliers emerging the fundamental technology and network product are basically busting a lung to make this thing happen. The main product in any type of LTE network is going to be the radio frequency base station, or Long term evolution radio equipment face that hinge on assumptions around the deployment scenarios and the upgrade strategies. The growth of LTE base station market is highly reliant on the growth of overall telecom market globally.

For purpose of in depth analysis, the LTE base station market has been segmented on the basis of  end user, antenna frequency and geography. Based on the end user , the market has been segmented mainly into four types they are like residential, urban, enterprise and rural & remote. Various types of antenna frequencies of LTE base station includes, 1390–1530MHz, 698–960 MHz,1710–2170MHz,  3300–3800 MHz , 2300–2700 MHz and 4900–5900 MHz . Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as  Europe, North America, Asia Pacific, Middle East and Africa and Latin America.

Continuously Increasing demand for better network capacity to access the connected services is one of the major growth drivers for the LTE base station market. Growth of the complementary technologies like software defined network and network functions virtualization is also acting as a key growth driver for the LTE base station market. Therefore, the growing market demand of 4G LTE in urban areas during the business hours with better data transfer speeds is the main factor anticipated to catalyze the growing demand of LTE base station during the forecast period from 2017 to 2025. In addition, better spectral efficiency, technology life cycle and adoption and new infrastructure investment is also anticipated to increase the demand of LTE base station in the upcoming years. In turn this is also projected to affect the LTE base station market in a positive manner during the forecast period.

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In spite of many driving factors, the LTE base station market is expected to show a shrink and fluctuation in growth rate because of higher deployment costs of LTE base stations. Interference with the existing services, cleanup cost and interference mitigation are few of the restraining factors for the global LTE base station market. The growing demand for the higher order frequency bandwidth and higher throughput required for the MIMO is going to create significant opportunity for LTE base station market in coming years.

By end user , the residential segment held the largest market share because of increased installation of  very small cell devices in different APAC countries as it is one of the preferred option by  SOHO and residential  customers. However, the urban segment is projected to achieve exponential growth during the forecast period. Higher network traffic during work hours and requirement of faster data transmission is expected to drive the market of urban region.   

Geographically, the global LTE base station market is mainly driven by Asia Pacific region. Increased shipment of the low-cost internet enabled device like the smartphone and tablet is driving the market of Asia Pacific region. The continuously growing rate of urbanization in densely populated countries like the India and the China has introduced a need of the environmental and economic development, leading to the increased government investment in cities and numerous central government programs. Which in turn is expected to drive the LTE base station market in this region. APAC market expected to maintain a steady pace during the forecast period from 2017-2025.

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Some of the leading players operating in the LTE base station market includes Ericsson (Sweden), Huawei technologies (China), China Mobile (China), Alpha Networks(Taiwan) ,Airspan (The U.S.), AT&T  (The U.S.) , Cisco (The U.S), CommScope (The U.S.) and Juni Global (South Korea) among others.

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