Baby Monitoring Devices Market End use Outlook

The global baby monitoring market is witnessing growth, which is attributable to numerous factors. Some of these are rising living standards, especially in the developing economies, owing to tremendous economic growth experienced in this region. This increase in disposable incomes, coupled with rapid westernization is leading to a rise in demand for baby monitoring devices. Besides, as population across the world rises and nuclear-family becomes the norm, the growth will only be fuelled further.

Therefore, it should come as no surprise that the market for global baby monitoring devices market is expected to grow at a steady CAGR (Compound Annual Growth Rate), generating a significant worth of market opportunities over the forecast period of 2019-2027.

Global Baby Monitoring Devices Market: Notable Developments

The global baby monitoring market is on its way to charting significant growth. The market players are active and setting the tone for future growth. To explain how certain developments would pan out over the forecast period, a peek into few is provided below.

• Feb 2017: VTech Communications, Inc. launched two novel high-definition Wi-Fi baby monitors that feature motion alerts and live remote access through smartphone apps and tablets. It is a step ahead in modern parenting and would cater to a vast number of people
• Nov 2016:  Motorola announced launch of a smart nursery products that are both intelligent and interactive. Besides, they have alert sensor, humidifier and dream machine. Compatible with iOS and Android for modern day baby monitoring, these demonstrate the seriousness of players to keep products innovative to keep hold of market share

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The global baby monitoring devices market is fragmented and key players in the landscape include Samsung Electronics Co. Ltd., Dorel Industries Inc., Koninklijke Philips, Motorola, Lorex Technology Inc., Angelcare Monitors Inc., Sony Corporation, Windeln De Ag, Summer infant inc. and Hisense Ltd. To keep an edge over others, players often enter in strategic partnerships and collaborations.

Global Baby Monitoring Devices Market: Key Trends and Drivers

The global baby monitoring devices market is set to witness positive growth chart owing to a number of factors. Some of these are outlined below.

• A swift rise in digital technology in all spheres of life is noted and this is set-to be a growth factor in baby care as well. As people get used to getting things done at the convenience of a click, the global baby monitoring devices market is set to see notable growth. And, it should be noted that here again, the shift is not just in baby monitoring in terms of keeping an eye on the child but also feeding, healthcare and so on. Thus, it comes as no surprise that part of monitoring now involves sensors to gauge baby temperature and other such factors.
• A shift in lifestyle is leading to growth in global baby monitoring devices market. A work day is getting longer for more and people, demand for such products increase. To compound the parenting situation is the fact that both parents now work, driving the market ahead as the need to check up on babies intensifies. Besides, even in region where there were always one parent or grandparent available to babysit, like India, the situation is changing. Westernization and urbanization is both transforming the picture in favour of market growth.

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Global Baby Monitoring Devices Market: Geographical Analysis

The Asia Pacific region will generate opportunities owing ro increase in population, westernization and rapid urbanization. The lifestyle shift these parameter would bring about will lead to increase in demand for baby monitoring products over the forecast period. Another market that will hold dominance is North America owing to high living standards and high rate of adoption of baby products.

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N99 Face Mask Market Trends, Developments, Future Prospects and Prominent Players

• A N99 face mask is a basic type of mask that protects users from 99% of airborne particulates (PM 2.5) present in the air. It also helps users to avoid the hazards of toxic air pollution.
• N99 face mask has high filtrate techniques to avoid micro particles that are spread in the form of fungi, pollens, and dust. N99 face masks are found to be highly efficient with sophisticated and advance filtrate technologies such as activated charcoal.
• Users are becoming aware about the diseases and allergies caused by air pollutants due to the campaigns initiated by governments. Severe problems such as cardiovascular or respiratory diseases have led to people opting for N99 face masks.
• The decrease in air quality due to rise in urbanization and industrialization have led to increase in air pollution; this is likely to drive the growth of the N99 face mask market during the forecast period. 

Increasing Per Capita Expenditure on Health Safety Products

Nowadays, users are concerned about health safety and are inclined toward using healthy alternatives and pollution preventive products such as masks. Rapid growth in air toxicity by degradation of air quality has enhanced the use of N99 face masks. These masks are bought by end-users as a basic safety aid to avoid air pollutants. All these factors drive the N99 face mask market globally. 

Rising Awareness Regarding Respiratory Diseases

• Users are becoming aware about diseases and allergies cause by air pollutants. Increase in the number of premature deaths, pollen allergies, and various diseases caused by air pollution has popularized the usage of N99 face masks. 

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Asia Pacific a Potential Market for N99 Face Masks 

• The global N99 face mask market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the N99 face mask market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the N99 face mask market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The N99 face mask market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific is expected to remain a potential market for N99 face masks owing to rapid growth in demand for anti-pollution face masks across the region. 

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Hydrogen Water Dispenser Market Share by Manufacturers

• A hydrogen water dispenser is a machine that adds extra hydrogen molecules in water to increase the health benefits of water. Hydrogen molecules act as antioxidants and help water to neutralize free radicals which are responsible for diseases, inflammation, and aging. Regular water contains fewer hydrogen molecules in a free state. An increase in hydrogen concentration in water helps to deal with several health issues such as diabetes, hardening of heart vessels, and Alzheimer's.
• Growing air and water pollution, and health-related problems are encouraging people to shift to products which offer some extra health benefits. Increasing awareness about hydrogen water benefits is boosting the demand for hydrogen water dispensers. Demand for the product is increasing from the commercial sector as hotels, restaurants, and hospitals prefer hydrogen water dispensers. These factors are expected to lead to significant growth of the hydrogen water dispenser market in the coming years.

Key Drivers of the Global Hydrogen Water Dispenser Market

• Hydrogen water is an antioxidant and has anti-aging properties. Growing awareness about these health benefits is encouraging consumers to shift to hydrogen water. Several hospitals and clinics prefer to give hydrogen water to their patients to improve their health. Increasing advertisement and branding of hydrogen water dispensers in developed countries also helps manufacturers to increase their customer base. 
• Technological advancement in the product is an encouraging factor for the growth of the hydrogen water dispenser market. Manufacturers are focusing on product development by increasing investment in R&D to enhance the product’s features and improve product efficiency. Growing disposable income in emerging economies is also a positive growth factor for the hydrogen water dispenser market. Increasing demand for safe and healthy products across the globe is the major trend in the hydrogen water dispenser market.

Hydrogen Water Dispenser Market Anticipated to Create Attractive Opportunities in Future

• Untapped markets in several emerging countries across Asia Pacific and Middle East & Africa, and increasing income boosting the purchasing power and standard of living of people are expected to influence the market demand for hydrogen water dispensers positively. Increasing availability of healthcare services and economic development is anticipated to create lucrative opportunities for hydrogen water dispenser manufacturers in the coming years.

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High Product Cost Expected to Hinder the Overall Hydrogen Water Dispenser Market

• High cost of the product is a major obstacle to growth in the hydrogen water dispenser market. Hydrogen water dispensers are unaffordable for middle class people.  This factor is anticipated to adversely influence the market during the forecast period.

North America and Europe anticipated dominating the Global Hydrogen Water Dispenser Market

• North America holds major share in the global hydrogen water dispenser market followed by Europe. Presence of several major brands and increasing product awareness are the major driving factors in these regions. However, several countries in Asia Pacific and Middle East & Africa are showing enhanced demand for hydrogen water dispensers in recent years and are expected to retain a significant growth rate in the coming years. Rising purchasing power of consumers is the major influencing factor in these regions.
• Leading brands in the hydrogen water dispenser market are focusing on online distribution channels to reach out to customers across different regions. Companies also use retail stores and direct sales for business expansion. These factors are also expected to increase the product sales in future.

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Automotive Aftermarket Size by Product Market Growth and Forecast 2019-2027

Automotive aftermarket products are used as replacement products for parts or components which are manufactured or used for automobiles by original equipment manufacturers (OEMs). Increasing preferences for the replacement products by consumers to improve vehicle performance is a major factor driving the automotive aftermarket size by product growth. Automotive components and systems need to be replaced after several months/ years based on their utility. Major and common replacement components of the automotive industry include tires, windshields, oils, and braking components. Most of these products are available for in the automotive aftermarket.

Increasing demand for vehicles is a key driver of the automotive aftermarket size by product. Significant improvements in the engineering of vehicles such as customization alternatives, diversified paint coatings, accessories, and engines are attributed to rapid technological advancements. This, in turn, is expected to propel the market during the forecast period. High flexibility in vehicle design and production is anticipated to create opportunities in the market. Changing lifestyles and rise in disposable income of customers are expected to increase production and sales of automotive components. Changing trends and easy customizations allow customers to replace original equipment by using products from the aftermarket.

Aftermarket products are lightweight, strong, and available in available in various for customizations. Increasing concern of customers regarding comfort and safety is expected to fuel the adoption or addition of aftermarket products in vehicles. High durability and strength of original equipment is a major restraint for the automotive aftermarket size by product. Difference in quality of the material can also inhibit the automotive aftermarket products.

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The global automotive market size by product can be segmented in terms of application, product, material, sales store/outlet, vehicle type, and region. Based on application, market can be bifurcated into interior products and exterior products. In terms of product, the automotive aftermarket size by product can be segregated into tires, engine components, transmissions, belts, hoses, suspensions, harnesses, batteries, oils, interior components, and others. Based on material, the aftermarket can be classified into plastics, composites, metals & alloys, and others.

In terms sales store/outlet, the automotive aftermarket size by product can be categorized into organized stores and un-organized stores. Based on vehicle type, the market can be divided into passenger vehicles, light commercial vehicles, heavy commercial vehicles, and two-wheelers. Increase in production of passenger vehicles across the globe is expected to drive the passenger vehicles segment of the market during the forecast period. Additionally, rise in per capita income, rapid urbanization, and expansion of the automotive industry in developing countries are driving the demand for passenger vehicles.

In terms of region, the global automotive aftermarket size by product can be split into Europe, North America, Latin America, Middle East & Africa, and Asia Pacific. The market in Europe is estimated to expand at a rapid pace, as the region is a major producer of premium passenger vehicles and several top OEMs are based in Europe. Demand for automotive aftermarket size by product is projected to rise considerably in Asia Pacific, as countries such as India and China are among the top producers of automobiles and are major users, exporters, and importers of vehicles in the region.

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Key players operating in the global automotive aftermarket size by product include Continental AG, 3M Company, Federal Mogul, Delphi Automotive, Robert Bosch GmbH, ASIMCO Technologies Ltd., Denso Corporation, ALCO Filters. Shandong Zhengnuo Group Co. Ltd., and ACDElco.

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Fuel Card Market Show Steady Growth

According to a new market report published by Transparency Market Research on the global fuel card market for the forecast period of 2019–2027, the fuel card market is expected to reach a value of ~US$ 55 Bn by 2027.

Global Fuel Card Market: Overview

• The global fuel card market was valued at ~US$ 33 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The market is expanding significantly in terms of size and value. The standard card technology segment is dominating the global fuel card market.
• The fuel card market in Asia Pacific is growing rapidly. Growing disposable income is driving people to opt for technologically-advanced cards to save on fuel expenses. Moreover, increasing of government initiatives in developing countries for the development of the corporate sector are driving the growth of the corporate fuel card market.  
• Europe is the largest regional market in the global fuel card market, accounting for ~38% share of the global fuel card market in 2018. North America has the second-largest number of fuel card users, as a result of attractive offers by key companies and supportive government initiatives toward cashless transactions.

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Fuel Card Market: Driving Factors

• Rising demand for cashless fuel transactions in developing economies (as it is critical for fleets to monitor fuel purchases to control and manage fuel spending) is driving the fuel card market. Fuel cards offer good quality data on fuel purchases, which helps monitor individual vehicle and driver fuel economy, and apply operational strategies to enhance performance.
• Canada, Sweden, the U.K., France, and the U.S. are the top five cashless economies in the world. Cashless payments help reduce fuel theft via chip and pin cards, which is driving the demand for fuel cards, globally.
• The fleet management market is influenced by technology. The adoption of fleet management software in data management and analytics has been growing, which is expected to significantly boost the fuel card market.
• Rapid urbanization and industrialization in developing countries such as China, India, Mexico, South Africa, and Brazil is providing lucrative opportunities for the global fuel card market. Over the years, growth in the prepaid and contactless card industry has shaped the economies of several countries.

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Fuel Card Market: Key Challenge

• Volatility in fuel prices is likely to be one of the major restraints of the fuel card market. As fuel prices are difficult to be projected, it is difficult to plan and budget for the same. Fuel prices are different across the globe; this is expected to have a huge negative impact on the growth of the fuel card market.

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Posture Corrector Market Statistics and Growth to 2027 Analysis

• Posture corrector, also known as back brace, posture aid, or posture supporter, is a device designed to limit the movement of the spine in case of fracture or during preventive measures against some progressive conditions.
• In other words, posture correctors are a kind of garment designed to support the neck, back, shoulders etc.
• A wide variety of posture correctors are flooding the market. They are available in a variety of sizes and designs to fit as per gender, age, height, and weight as well as lifestyle. Most of the posture correctors are made from lightweight and breathable material and does not irritate the skin.

Key Drivers of the Global Posture Corrector Market

• Increasing trend of perfecting the posture naturally is one of the prime factors driving the growth of the posture corrector market. Increasing millennial population and concerns about their children’s health has resulted in the growth of the posture corrector market. Additionally, rising back pain concerns is one of the major reasons for the growth of posture correctors. Increasing aging population is another key factor driving the growth of the posture corrector market.

Low awareness about the usage of posture correctors to hamper the growth of the market

• Posture correctors are often perceived to be a medical aid rather than an application for day to day use. The correctors are often utilized for medical reasons, especially by patients suffering from back, neck, and shoulder pain. Posture correctors are never a permanent solution and should not be used for a long period of time without medical advice at it tends to weaken the muscles, causing atrophy. All these factors are anticipated to hamper the growth of the posture corrector market.

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Increasing awareness regarding health benefits to offer attractive opportunities for the growth of the posture corrector market

• Awareness about posture correctors is relatively low in many North American and European countries. Acceptance of posture correctors in these regions is low compared to East Asian countries such as China and Japan where the acceptance rate of posture correctors is very high. Increasing awareness regarding the health benefits of posture correctors in many developing and emerging countries is one of the key opportunities for the growth of the market.

Growth Avenues for the Global Posture Corrector Market in Asia Pacific

• Geographically, the global posture corrector market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America and Europe have been slow in latching on to the trend of using posture correctors. This is specifically due to lack of awareness and health concerns associated with back issues.
• Asia Pacific on the other hand is one of the strongest contenders for the growth of posture correctors. China and Japan have major share of the market for posture correctors as consumers in these countries are more focused on health and fitness compared to other countries in the region.
• Other regions such as South America and Middle East & Africa have strong potential for growth in the posture corrector market.

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Overview Of Office Coffee Service (OCS) Market 2020-2027

• Coffee is one of the most widely consumed beverage both at home and in the office. Coffee helps to improve energy levels. In the work place, a cup of coffee can energize the employee and increase productivity. 

Global Office OCS Market: Dynamics

Rise in demand for OCS across U.S. and Europe  

Rise in economic growth across the U.S. is leading to increase in businesses and industries which subsequently increases the spending on employee satisfaction services such as office coffee. Revenues are increasing for the OCS industry in the U.S. OCS revenue increased from US$ 5.40 billion in 2017-18 to US$ 5.71 billion in FY 2018. In the U.S., millennial have different needs, tastes, preferences, and expectation and are health-conscious, tech-savvy, ambitious, and seek a better work-life balance. They are increasingly opting for coffee compared to other hot drinks. According to the European Vending & Coffee Service Association (EVA), a dominant portion of coffee machines are located in workplaces. Thus, rise in preference for coffee among the millennial in the U.S. and Europe is increasing the market size of office coffee service.

Rise in online promotions by OCS providers across the U.S. 

In the U.S., online marketing by OCS market players has increased their revenue. All OCS providers in the U.S. have a website from the FY 2017-18. Presently, OCS providers also enable their customers to order coffee through online channels.           

Decrease in price of green coffee helping OCS providers to offset cost 

The International Coffee Organization (ICO) has indicated a gradual decrease in price of green coffee since August 2017 which has continued except for October 2018, and June and July 2019. As per ICO, average green coffee price is lowest in the past five years. OCS providers have seen an increase in operation cost but are able to maintain coffee prices due to decrease in price of green coffee. This is helping OCS providers to increase business but keeping price of coffee under check.                  

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Global Office OCS Market: Regional Analysis

North America and Europe prominent OCS markets in the world

• Geographically, the global OCS market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The market in North America is broken down and analyzed at country-level, which includes the U.S., Canada, and Rest of North America. Similarly, the OCS market in Europe can be bifurcated into country level, covering Germany, France, the U.K., and Rest of Europe. The OCS market in Asia Pacific includes China, India, Japan, and Rest of Asia Pacific. The analysis of the OCS market in Middle East & Africa includes GCC countries, South Africa, and Rest of Middle East & Africa. The OCS market in South America can be divided into Brazil and Rest of South America.
• Globally, North America and Europe are leading OCS markets.

Global Office OCS Market: Competitive Landscape

The global OCS market consists of large and innumerable small and medium sized players. Large market players operate in more than one country/ region. Competition is intense among global and regional players operating in the office coffee service market. A few key players operating in the market are:

• Compass Group
• Farmer Bros. Co.
• Keurig Dr Pepper Inc.
• Peet's Coffee Berkeley
• Royal Cup Coffee
• Van Houtte Coffee Services (A division of Keurig Canada Inc.)
• American Vending Services

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