Family/Indoor Entertainment Centers Market Revenue Forecast by Regions

Family / indoor entertainment centers are the places designed for people of the various ages to spend their time. The large number of gaming options for entertainment makes it possible to observe a large crowd and thus to drive the market at family entertainment centers. These centers offer a variety of fun options including arcades, gaming consoles, video games, playground areas, indoor playground systems, redeemers, child-driving, skill-oriented machine games, and virtual and enlarged-reality gambling. FECs are also host to private events such as birthday parties and corporate events in areas such as malls.

This report offers a comprehensive study of the global family/indoor entertainment centers market, with focus on market opportunities and possible constraints, along with the latest trends driving the market.

Global Family/Indoor Entertainment Centers Market: Notable Developments

Adoption of Technologically Advanced Games/Entertainment

Currently, increasing reality (AR) and virtual reality games (VR) are trendsetting and players on the market of families and indoor entertainment centres. In addition, several gaming companies also focus on developing different technologies to enhance the experiences of the gaming in families and indoor entertainment centres. Manufacturers work on mixing AR and VR technology to produce new technologically advanced games with 3D projection mapping and interactive digital surfaces.

Loyalty Programs Offered by Vendors 

Family / indoor entertainment facilities offer loyalty programs, which is an important market driver. The program is supported by parameters like visit points, reward points, cards, memberships, etc. Loyalty programs. These loyalty programs are used to retain and attract new customers with advertising aid in family / indoor entertainment centers. 

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• Launch of Innovative Offerings and Services 

Dave and Busters, the current leading establishment in the global family/indoor entertainment centers market is expediting its growth by offering unique services and efficient promotional marketing. The vendor focuses on providing users with an unforgettable experience, which is a key trait that the millennial generation demands. Dave and Busters has catered to this demand quite efficiently, making them global leaders in the market. 

Key vendors operating in the global family/indoor entertainment centers market are CEC Entertainment, Dave & Buster's, Main Event Entertainment, Time Zone Entertainment, and Smaash Entertainment.

Global Family/Indoor Entertainment Centers Market Dynamics

Because of various economic factors, ticket prices at entertainment centers constantly increase. Ticket prices will also vary based on the location of family entertainment centres, which also impedes FEC's growth in revenues during the projected period. The increase in disposable income per capita, the availability of diversified gaming and entertainment options and favorable demographics among young people in the Asia-Pacific region drive the growth of the market for family-oriented entertainment centers. 

Family centers for indoor and entertainment usually calls for 8-14-year-olds and their parents. In many Asian countries the median age is in the twenties and early thirties. This shows the penetration into the Asia-Pacific of young persons under the age of 14 years, and parents spend more on their children with rising revenues & expectations, which are expected to drive growth in the global families / indoor entertainment centers market. 

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North America to Dominate Regional Markets 

Due to the numerous players involved in this region, the market for the family and indoor entertainment centers in North America is forecasted to dominate the global market for family and indoor entertainment centers. The family / indoor entertainment facility market in Asia-Pacific is estimated to increase at a significant rate over the forecast period, given that growing GDP in Asia-Pacific countries such as China, India and Japan has increased the capacity of individuals in the region. As a result of a consistently growing middle class population and increased disposable revenue, this regional market is prognosticated to grow.

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Carbon Dioxide (CO2) Laser Market Sales, Revenue and Gross Margin

Laser action in a Carbon Dioxide (CO2) molecule was first demonstrated by Kumar Patel in Bell Laboratory in 1964. The Carbon Dioxide (CO2) lasers can be operated in radio frequency range by using AC current or DC current. Due to its high drive voltages and current, CO2 laser is considered to be hazardous. Additionally, during the year of 1984, the CO2 lasers reliability has been approved by the U.S. Food and Drug Administration (FDA). Globally, CO2 lasers are used in different end use industries which includes automobiles, manufacturing, military and healthcare among various other.

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This is mainly due to CO2 lasers has various efficient characters such as performance, high output power, compact size, and durability among others, which have also proven to be very useful tool for different application. Last couple of years, growing demand for research & development activities in medical application have tremendously increased the scope and applicability of CO2 lasers. The range of dermatological applications of the CO2 laser is expected to continue to increase in the future. Furthermore, CO2 lasers are used in multiple medical application which includes dermatology and surgery worldwide. The global CO2 laser market is estimated to witness a stable growth during the projection period, from 2018-2026.

Technological advancement in CO2 laser technology have meant greater precision and smaller spot sizes for laser surgery, and more flexibility in tip sizes and protocols for fractional CO2 laser treatment. Global CO2 laser market has been segmented on the basis of laser type, end use industry and geography. On the basis of laser type, the CO2 laser market has been segmented into flowing CO2 gas lasers, sealed off CO2 laser and transverse flow CO2 gas lasers among others. In coming years, flowing CO2 gas lasers segment is expected to grow at a high CAGR rate. On the other hand, in 2017 flowing CO2 gas lasers and sealed of CO2 lasers hold the major share in global CO2 laser market.

Based on end use industry, the CO2 laser market has been bifurcated into automotive, military & defense, manufacturing and healthcare among others. In 2017, healthcare and manufacturing segment hold the major share in the CO2 laser market. These applications are expected to maintain their dominance during the forecast period.  However, in coming years, healthcare segment is anticipated to grow at a highest CAGR rate. This is mainly due to, rising application and increasing use of CO2 laser technology in healthcare applications will further drive the market growth during the forecast period. On the flip side, availability of other substitute’s inspection product in compare with lower price is anticipated to hinder the growth of this product market in coming years.

Geographically, CO2 laser market is segmented into North America, Europe, Asia Pacific, Middle- East and Africa and South America. The growth in demand for automotive and manufacturing welding and cutting is majorly driven by Asia Pacific. In addition, Asia Pacific is predicted to witness the most auspicious market in the coming years, owing to increasing number of automotive and consumer electronic device manufacturers are continuously focusing to expand their operation and manufacturing units across the different part of Asia Pacific. Cumulative emphasis on research and development happenings by government initiative in robotics industry is also acting as a key factor in the growth for Asia Pacific market. Across the globe most promising and developing countries in North America to dominate the second market share within next forecast period. Asia pacific region is expected to be the fasted growing market for this product due to rapid industrialization and increasing adoption of new technologies across different end use industry vertical.

This report explores the major global industry players in detail. Major companies operating in the global CO2 laser market are Coherent Inc. (The U.S.), SYNRAD (Europe), Directed Light Inc. (The U.S), GSI Group Ltd. (The U.S), SPECTRAL (Europe), Edinburgh Instruments Ltd. (The U.K.) Han's Laser Technology (China), LightScalpel (The U.S.), Kern Technologies, LLC. (The U.S.) And Lumenis Ltd. (Israel) among others.

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Wireless Charging ICs Market Size 2020 and Strategic Assessment

Transparency Market Research delivers key insights on the global wireless charging ICs market. In terms of revenue, the global market is estimated to expand at a CAGR of ~29% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global wireless charging ICs market.

Wireless charging ICs offer multiple advantages over the traditional charging systems in terms of efficiency, cost-effectiveness, and safety. Wireless charging is the method of transmitting power-based resonance technique or electromagnetic induction to tablets, mobile phones, wearable devices, and smart electronic devices. Wireless charging can be called ‘the next industrial revolution,’ as it is changing the manner in which people work, entertain, live, and travel, along with the manner in which businesses and governments interact with the world.

A wireless charging IC is an integrated circuit for wireless charging. It consists of a receiver and a transmitter. The transmitter coil transmits wireless energy, while the receiver coil receives power transmission. The transmitter coil helps in transfer of power to the receiver coil through electromagnetic induction. Businesses are leading adopters of wireless charging ICs. Wearable electronic devices are the second-largest adopters of wireless charging ICs, followed by mobile phones. Wireless charging ICs are primarily used in mobile phones, tablets, wearable products, and consumer electronics devices.

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Wireless Charging ICs Market: Dynamics

Increase in the demand for wireless charging and rise in the installation of wireless charging devices at retail and public outlets are likely to fuel the global wireless charging ICs market during the forecast period. Wireless charging eliminates the need for cables required to charge mobile phones, tablets, computers, and wearable products. With a wireless charging solution, the battery inside any battery-powered operation is charged by simply placing the appliance nearby the wireless power charging device. Over the last few years, manufacturers across various industry verticals are registering high demand for specialized charging solutions to cater to the needs of their customers.

Furthermore, wireless charging ICs are increasingly being used in applications such as smart phones and tablets, wearable electronic devices, medical devices, and automobile devices. However, wireless charging technology is standardized by the Global Qi Standard. Global manufacturers are using this standard while developing their wireless charging products. Manufacturers are not able to use other techniques or any other standardization to develop a new product segment, which is one of the most important factor likely to restrict the growth of the wireless charging ICs market during the forecast period. This compatibility nature of product creates a negative influence to enter small manufacturers in the market. Furthermore, compact product design and facility of charging multiple devices are expected to drive the global wireless charging ICs market during the forecast period.

Wireless Charging ICs Market: Prominent Regions

Asia Pacific is the dominant region of the global wireless charging ICs market. This can be attributed to high adoption of consumer electronics devices such as mobile phones and tablets and wearable electronics devices in the region. The market in North America is estimated to witness significant growth during the forecast period, owing to high adoption of wireless technology in the region.

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Wireless Charging ICs Market: Key Players

Key players operating in the global wireless charging ICs market are NXP Semiconductors, Vishay Intertechnology, Inc., MediaTek Inc., Qualcomm Inc., Texas Instruments Inc., Broadcom Corporation, Toshiba Corporation, On Semiconductor, Analog Devices, Inc., ROHM Semiconductor, and Integrated Device Technology Inc.

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Bearing Market 2020 Growth Prospects 2027, Top Companies

Transparency Market Research delivers key insights on the global bearing market. In terms of revenue, the global bearing market is estimated to expand at a CAGR of 7.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global bearing market report.

In this market report, TMR predicts that the increase in demand for vehicles and other industrial products is anticipated to proliferate the demand for bearings in the coming years. Increasing urbanization has resulted in generation of more demand for several industrial products, thus leading to surging industrialization. Boost in international trade and globalization has augmented the economy of several emerging nations, which also benefits the growth of the bearing market. Additionally, technological advancements in various industry verticals have contributed to the growth of the market. High-end technologies such as smart bearings help manufacturers to monitor bearing operations constantly.

The bearing market is primarily driven by growing demand from the automotive sector. Demand for automotive bearings has grown substantially with the increase in production of motor vehicles across the globe. In addition, rising demand from steel industry, railways, and defense and aerospace industry has also contributed to the growth of the bearing market globally. The need for energy efficiency in process industries has also improved the worldwide demand for bearings significantly.

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However, low manufacturing cost of products is resulting in the entry of several local manufacturers and also creating a threat of counterfeit products. Currently, counterfeit bearings are showing up in the marketplace in large volumes. Some unscrupulous companies are mislabeling inferior-quality counterfeit bearings as brands from reputed bearing companies. It is often hard to tell the difference between genuine and counterfeit bearings. Counterfeit products are not manufactured according to given standards, which is anticipated to have an impact on business in the coming years.

Ball bearings held the dominant market revenue share in the global bearing market in 2018 and are expected to remain dominant during the forecast period. The demand for ball bearings can be attributed to their wide range of applications in motor engines, automotive wheels, railway coaches, hard drives, and consumer durables. Growing automobile production and rapid industrialization in emerging economies of Asia Pacific is also expected to drive growth of the bearing market during the forecast period from 2019 to 2027.

The automotive segment led the bearing market in 2018 and is expected to retain its share in the near future. The dominance of this segment is due to the rise in the production of motor vehicles across the globe, which has increased by 2.7% in 2019 as compared to the previous year. Aerospace equipment is analyzed to be the major growing application segment for bearings and is expected to attain significant growth in the next few years.

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Bearing Market: Prominent Regions

The Asia Pacific region led the bearing market in 2018 and is expected to continue its dominance in 2027. The region’s dominance is due to increasing production of automobiles in Japan, South Korea, China, and India. Moreover, rapid industrialization in the region is also contributing to the growth of the bearing market. Europe and North America followed Asia Pacific in the global bearing market to collectively account for more than 40% of the global market revenue share.

Bearing Market: Key Players

Key players operating in the global bearing market include NSK Ltd., Schaeffler AG, JTEKT Corporation, SKF, The Timken Company, MinebeaMitsumi Inc., NTN Bearing Corporation, Dahler, RBC Bearings Incorporated, and Rexnord Corporation.

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Swimming Pool Equipment Market Growth, and Forecast to 2026

Swimming pool equipment are defined as a combination of electronic and mechanical devices designed to manage pool water sanitization, filtration, and circulation either individually or in combination with each other. Swimming pools equipment are used for the installation of new pools and for the operation and maintenance of pools. Swimming pool equipment include filters, pumps, return jets, cleaners, and heaters. These equipment are designed for cleaning and maintenance of swimming pools. Major players have been using aggressive marketing strategies and developing diverse product portfolios to gain market share. This, in turn, has increased the availability of swimming pool equipment in varied quality, size, utility, and capacity. 

Demand for swimming pool equipment is projected to increase at a rapid pace during the forecast period. Rise in interest in sports and increase in awareness about leading a healthy lifestyle are key drivers of the swimming pool equipment market. Additionally, the demand for swimming pool equipment is increasing due to the growth of the construction & infrastructure industry, which enhance the demand of new swimming pools construction and provides services such as maintenance, centralized control, and improvisation of existing pool bases.

Additionally, rise in participation in swimming sport activities and increase in number of water sports enthusiasts are boosting the swimming pool equipment market. Furthermore, the global market is anticipated to expand due to the boom in the tourism industry, increase in urban population, growth in construction activities, surge in swimming club memberships, and rise disposable income. Rise in demand for market consolidations, technological innovations, personal pools, and robotic pool cleaners are some key trends in the swimming pool equipment market. Seasonality of sales & climate uncertainties, rise in raw materials prices, and strong competition in key business countries are likely to restrain the market. 

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The global swimming pool equipment market can be segmented based on pool classification, type, cycle mode, water temperature design, application, and region. In terms of pool classification, the swimming pool equipment market can be bifurcated into indoor and outdoor. Based on type, the swimming pool equipment market can be categorized into power equipment, filtration equipment, disinfection equipment, constant temperature equipment, and sewage suction equipment.

In terms of cycle mode, the swimming pool equipment market can be segregated into downstream, counter current, and mixed flow. Based on water temperature design, the swimming pool equipment market can be segmented into heated pool and non-constant temperature pool. In terms of application, the swimming pool equipment market can be divided into residential and commercial. Based on region, the global swimming pool equipment market can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America is anticipated to account for a significant share of the swimming pool equipment market during the forecast period due to factors such as large number of swimming pool enthusiasts, presence of well-established swimming pool infrastructure, rise in equipment manufacturing units, and increase in the number of sports championships in the region. Asia Pacific and Europe and are likely to be prominent regions of the swimming pool equipment market due to the imports of premium swimming pool equipment’s by both residential pool as well as commercials pool owners.

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Key operating players in the swimming pool equipment market include Emaux Water Technology, Adolph Kiefer & Associates, LL, Desjoyaux, In The Swim, Hayward Industries, Inc., Pentair Ltd., DSL Tech. Group, Waterco, Laswim Pool and SPA equipment Co. Ltd., Aqua Industrial Group, and Expertos en Piscinas y Spas AstralPool. These players are expected to sponsor championship events in the next few years. The replacement rates of equipment are expected to rise due to the introduction of technological advancements by major players. 

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Bath Bomb Market Opportunity, Industry Status and Forecast 2026

A bath bomb is defined as the hard-packed mixture made from dry ingredients which dissolves when wet and is used to add scent, essential oils, bubbles, or color to bathwater. Bath Bombs are considered as the detoxifying, relaxing or immune boosting bathing material. The major ingredients used in bath bombs include a bicarbonate base and a weak acid which are unreactive in dry state but when dissolved in water reacts vigorously and produces their characteristic fizzing in a few minutes.

The other ingredients in the bath bomb vary considerably but majorly include scented ingredients along with dye to impart color and a pleasant fragrance to bathwater. Sodium lauryl sulfate, a lathering agent is also used in bath bombs to create bubble foams. Bath bombs are generally spherical, but are also available as lumps or tablets. Bath bombs can be prepared at home as well, besides being available in a wide range at supermarkets. Various manufacturing companies have started utilizing bath bomb machines to increase the production rate of bath bomb. These machines have the capability to produce hundreds of bath bombs per hour.

Increasing population of working women and their preference for aromatherapy and cosmetics for relaxation is expected to be the major driver influencing the market growth of bath bombs over the forecast period. Furthermore, increasing trend of giving luxurious gifts to friends and family on special occasions is also projected to boost the bath bomb market growth in coming years. Additionally, the rising preference of customers to apply essential oils as part of their routine, and benefits associated with essential oils is expected to drastically influence the market growth of bath bombs over the forecast years.

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Bath bombs hydrate and nourish the skin due to presence of essential oils, which is drastically influencing the demand for bath bombs amongst women. Essential oils present in bath bombs such as peppermint essential oil helps to soothe tired muscle; eucalyptus essential oil provides relief from flu, cold, and sinusitis; and citrus oil gives an energizing feeling. All these are considered as a form of aromatherapy, which is expected to influence bath bomb market demand over the forecast period. Baking soda, Epsom salt, citric acid, oil, witch hazel and their associated benefits have influenced women to use bath bombs, thus driving their demand across the globe.

The global bath bomb market can be segmented based on type, application, and region. Based on type, the bath bomb market is categorized into bath bomb with essential oil, bath bomb with sea salt, and others. Bath bomb with essential oil is expected to contribute majorly to the market growth in terms of revenue over the forecast period. Increasing preference and awareness about essential oil usage is expected to be a major factor for the growth of bath bombs over the forecast years. The application segment of the bath bomb market is segregated into household, beauty salon or spa, and others.

Based on region, the bath bomb market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to contribute majorly to the bath bomb market growth in terms of revenue over the forecast period. Better awareness among women with growing working women’s population is expected to drive the market growth in the region. Furthermore, Asia Pacific region is expected to witness tremendous growth in the bath bomb market over the forecast years.

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Prominent players operating in the global bath bomb market are Village Naturals, Yumscents, Schone, Aromatherapy, Essence of Earth, LUSH, Rejuvelle, Soul and Soap, Hugo Naturals, Amor Bath Bombs, and Oliver Rocket.

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Artificial Plants Market Analysis with Key Players, Applications, Trends and Forecasts to 2026

Artificial plants, also known as faux plants, are made of high-quality plastics and fabrics such as polyesters. Artificial plants and flowers are an ideal way of adding beauty and color to a space for long term. Such plants can sustain in any weather condition, in both commercial and residential settings, with approximately no maintenance cost. Artificial plants, flowers, and trees are made from a wide variety of materials; however, polyester has become the first choice of manufacturers due to its availability and its affordability. Other materials used to manufacture artificial plants are silk, cotton, latex, paper, parchment, rubber, sateen (for large, bold-colored flowers and arrangements), and dried materials, including flowers and plant parts, berries, feathers, and fruits.

The global artificial plants market is anticipated to grow at an exponential rate in the near future. Demand for artificial plants and trees has increased rapidly in the last few years owing to improvement in design and technology in the products. In addition, artificial plants last for long period of time, and do not involve any maintenance cost. This is anticipated to increase the demand for artificial plants in the next few years. Additionally, artificial plants are increasingly becoming popular among the millennial. Lack of availability of time required for caring of real plants is anticipated to thrive the demand for artificial plants. Moreover, some people tend to develop allergies to certain types of real plants, which is not the case with artificial plants. This drives acceptance of artificial plants among customers.

However, unlike real plants, artificial plants do not release oxygen in the air and do not help in reducing volatile organic compounds (VOCs) from the air. This proves to be a restraining factor for the growth of the artificial plants market. Artificial plants are manufactured through advanced technologies to make them resemble real plants; however, this adds to their cost and makes them less affordable. Advanced technologies are prevalent in developed countries such as U.S., Canada and many countries in Europe. However, such technologies lacks in Asia Pacific regions. Technology transfer and penetration in the untapped markets can be a better opportunity for the growth of artificial plants market.

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The global artificial plants market can be segmented based on material type, end-use, distribution channel, and region. In terms of material type, the global artificial plants market can be categorized into silk, cotton, clay, leather, nylon, paper, porcelain, silk, polyester, plastic, wax, and others. According to end-use, the artificial plants market can be divided into residential and commercial.

The commercial segment can further be split into hotels & restaurants, offices, schools & universities, hospitals, theme parks, airports, and cruise ships. Based on distribution channel, the global artificial plants market can be bifurcated into offline and online distribution channel. Offline distribution channels can further classified into company-owned sites, ecommerce portals, etc., while offline channels can be segmented into supermarkets & hypermarkets, specialty stores, and mom and pop stores. Geographically, the global artificial plants market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Europe and North America are anticipated to acquire major market share owing to presence of advanced technologies and high-end commercial consumers such as airports, theme parks, etc. in these regions.Prominent players operating in the global artificial plants market include Treelocate (Europe) Ltd. (U.K.), The Green House (India), Sharetrade Artificial Plant and Tree Co., Ltd. (China), International Plantworks (the U.S.), Nearly Natural (the U.S.), Commercial Silk Int'l & Plantscape Inc. (the U.S.), GreenTurf (Singapore), Dongguan Hengxiang Artificial Plants Co., Ltd. (China), International TreeScapes, LLC (the U.S.), and Vert Escape (France). Players contest with each other with respect to new technologies, product designs, etc. in order to attain competitive advantage in the market.

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