Online Gambling & Betting Market Growth Dynamics and Opportunities

According to a new market research report published by Transparency Market Research titled “Online Gambling & Betting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027,” the global online gambling & betting market is expected to reach a value of US$ 134.5 Bn by 2027, growing at a CAGR of 11.9% from 2019 to 2027. Europe held the leading share in the online gambling & betting market in 2018 and is expected to maintain its dominance over the forecast period.

The online gambling and betting market is expected to witness a rapid growth during the forecast period due to regulatory environment, which in turn is expected to propel the global market across the globe. Moreover, increase in prevalence rate of gambling, rise in disposable income of consumers, trust in the mode of online gambling and betting, growth in penetration rate of Internet, and adoption of Internet-based devices are major factors driving the online gambling & betting market.

Participation in online gambling & betting helps end-users to witness gambling and betting activities in real-time through their Internet-based devices. Online gambling and betting consists of gambling and betting games such as poker, casino, sports betting, and lottery which are played through digital platforms.

Relaxation of laws for online gambling & betting across the globe provides new opportunities for internet based gambling & betting operating players to generate revenue. Major online gambling & betting players are involved in the business of innovative game development along with online transaction services. Companies operating in the online gambling & betting market include 888 Holdings plc, The Stars Group, Paddy Power Betfair plc. Fortuna Entertainment Group, GVC Holdings Plc., and Kindred Group, as profiled in this report.

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With the adoption of mobile devices in online gambling, gamification is expected to play a crucial role in disrupting the market over the coming years. Today, operators are trying different ways to generate customer loyalty in the online gambling market. However, players are not able to find major differences between similar games, since all games are built on the same gaming models. Gamification is expected to provide an advantage for operators by offering strategies such as real-time performance analytics, competition with player-friends, virtual rewards, and loyalty bonuses. This, in turn, is expected to generate brand loyalty in players and distinguish the operator’s games from those of its competitors. Furthermore, it is expected to drive innovation among operators in order to create new forms of gambling games in the coming years.

The global gambling revenue is expected to grow at a healthy rate owing to high disposable incomes, favorable regulation, and tax rebates in respective regions. The end-users comprising the age group from 35 to 55 years having high disposable incomes and a passion for the adoption of the latest technological devices as part of leisure. Therefore, the end-user segment is more likely to adopt online gambling technologies in the coming years.

Generations Y and Z, consisting of the age group between the years of 15 to 25, are more inclined to use mobile devices and may find online gambling a part of leisure in the coming years. Thus, combining the inputs from both age groups, the online gambling and betting market is expected to register positive growth over the forecast period.

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In terms of geography, Europe accounted for the highest share in 2018. Asia Pacific is expected to grow at a higher pace in coming years. Key factors attributing to the Asia Pacific market growth are relaxation of laws, growth in participation of wagers through Internet, and availability of foreign gambling & betting sites with attractive offers. In addition, increase in penetration of Internet-based devices and trust in using online gambling & betting sites are stimulating the market.

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Nutricosmetics Market Facts & Figures by Country

Consumer awareness regarding the ill-effects of synthetic chemicals used in popular cosmetic skin care products are driving them to opt for nutricosmetics. Emerging markets in the Asia Pacific region and South America whose income levels are rising are expected to witness high growth rate in the demand for skin care products. This is due to a rise in disposable income. Developing countries such as Chile and Uruguay are witnessing a rise in average spending on nutricosmetics products.

Transparency Market Research has come up with a new report titled “Nutricosmetics Market”, which forecasts that the market would expand at 8.5% CAGR over the period of forecast from 2019-2027. The global nutricosmetics arket is estimated to be valued at US$ 8,571.5 mn by the end of 2027.

Consumer rising preference towards a healthier and better lifestyle coupled with usage of natural products including barks, roots, and green tea in skin care product is escalating the demand for global nutricosmetics market. Some of the prominent players that are operating sucessfully in the global nutricosmetics market comprise names like The Coca-Cola Company, E.l.Du Pont De Nemours and Company, Cargill Incorporated, L’Oreal SA, and Nestle S.A. 

Personalization in Cosmetic Skin Care Products

Rising demand of personalized cosmetic skin care products, wherein manufacturers take into account specific details of individuals such as weather, skin type, pollution levels where they live, and a myriad other details to ensure that the product is compatible with and effective on the user’s skin.

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Use of Cannabidiol (or CBD)

Cannabidiol is one of the 80 compounds called cannabinoids extracted from the cannabis sativa plant. CBD is known to treat dry skin, psoriasis, and eczema and is being used in many beauty products. CBD also offers anti-inflammatory and moisturizing properties, which is increasing its popularity as an ingredient in cosmetic skin care products. It was earlier part of a niche category of skin care products. It is now entering the mainstream with a number of brands, established and upcoming, launching products containing the ingredient.

In terms of regions, the global nutricosmetics market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Europe accounted for the leading market share owing to high penetration of nutricosmetics. Such high penetration of the product is coupled with substantially high adoption rate amongst the consumers followed by high awareness about the benefits of nutricosmetics. Nutricosmetics manufacturers in Europe are opting for strategic joint ventures and acquisitions in bid to grab opportunities in the global nutricosmetics market.

The information presented in this review is based on a TMR report bearing title “Nutricosmetics Market (Product Type - Supplements (Tablet, Capsule, Powder, and Liquid) and Beauty Beverages/Drinks; Primary Function - Skin Care (Sun Care, Anti-Ageing, Radiance and Glow, and Anti Acne/Pimple), Hair and Nail Care, Weight Management, and Multifunctional; Distribution Channel - Modern Trade, Health and Beauty Stores, Specialty Stores, Pharmacy Stores, and E-commerce) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”.

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Linear Actuators Market Growth Factors And Forecast To 2027

The global linear actuators market is highly fragmented, with the top five players accounting for a less than 20-25% of the market’s overall valuation in 2018, observes a recent report by Transparency Market Research. Investment aimed at the development of technologically advanced product varieties, product innovations to meet the constantly changing demands of different industries, and adherence to high quality standards are some of the key growth strategies adopted by market players in the market. Some of the leading players in the market are Emerson Electric, Co., Rockwell Automation, Inc., Honeywell International, Inc., Parker Hannifin Corporation, and Tsubakimoto Chain, Co.

The global market holds an immense promise of growth in the near future. Transparency Market Research estimates that the market will exhibit a promising CAGR over the period between 2019 and 2027. Of the key product varieties, the segment of electric actuators, which currently accounts for over 25% of the market’s overall revenue, is expected to remain the most promising over the forecast period. Geographically, the U.S. will continue to hold a prominent share in revenue, but the rate of growth of the Mexico market will surpass that of both the U.S. and Canada.

Rise in Industrial Automation to Reinforce Demand for Linear Actuators in North America

• The Global market is chiefly driven by the favorable rise in industrial automation across all industries such as automotive, oil and gas, fluid, and defense in the region. Industrial automation is largely supported by various types of linear actuators, owing to which, the potential future rise in industrial automation is expected to positively impact the growth of the linear actuators market in North America.

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Additionally, the significant rise in demand for efficient water and wastewater management is also predicted to drive the application of a variety of linearly actuated valves at an exponential rate in the region. With the rising stringency of environment sustenance norms, the focus on water conservation and wastewater management is expected to further strengthen in the region in the next few years. This is expected to emerge as a high-impact factor for the future growth prospects of the Global market.

• Furthermore, the growth region’s aerospace and defense industry, where linear actuators have varied applications, is also expected to aid the demand for a variety of linear actuators in North America in the near future. The impact of this factor on market’s development is presently medium but is expected to be high during the forecast period.
• Further, many market players are launching tool that can help in the purchasing of the linear actuator. For instance, in 2019, Firgelli Automations, a linear actuator system manufacturer announced a calculator for the measurement of force prior to making the buying decision on linear actuator. It will help customer in choosing and purchasing precise linear actuator depending upon the applications.

Decline in Manufacturing and Mining Sectors to Keep Demand in Check

The market is, however, expected to bear the brunt of the recent slowdown in the manufacturing sector in the near future. The manufacturing sector is one of the key consumers of a variety of linear actuators. The slowdown in its operations is indeed a big restraint and could have a sizeable negative impact on the growth of the linear actuators market in North America. The impact of this restraint is presently medium and is expected to further lessen during the forecast period.

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The mining industry in North America is also facing a rough patch owing to decline in demand, lack of financing, and strict regulations regarding a number of environmentally taxing operations. The mining industry being another key consumer of linear actuators, it’s declining growth prospects are expected to have a notable negative effect on the linear actuator market in the region.

This review of the market is based on a recent market research report published by Transparency Market Research, titled “Linear Actuators Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027.”

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Optical Position Sensors Market Revenue, Price and Gross Margin

A report by Transparency Market Research on global optical position sensors market states that the market is expected to witness an above-average 9.0% CAGR in the forecast period of 2018 to 2027. According to the report the growth of the market is attributed to extensive use of technologies like VR and automations that can process and visualize data in real-time. Further, with growing application of optical sensors in automotive industry, is expected to boost the global optical position sensors market to reach to the value of US$ 3.3 bn by the end of 2027.

Extensive Shipments of Optical Sensors Asia Pacific

The growth in the demand for optical sensors is expected to continue with the steady pace in Asia Pacific. This growth is backed by the increasing demand for smart electronic devices in the region. As a result of the growing disposable income of the consumer, they prefer to adopt optical sensors to maintain the safety of their assets. All these factors cumulatively support the dominance of the Asia Pacific in global optical position sensors market. Based on the data acquired, the report by Transparency Market Research states that Asia Pacific optical position sensors market is expected to bag US$ 886.3 mn by the end of 2027.

Consumer Electronics Emerges as the Leading Segment

The global optical position sensors market is categorized on the basis of the type, technology, applications, and end users. Of these categories, the consumer electronics segment under application parameter is expected to emerge as the lading segment during the forecast period 2018 to 2027. The segment accounts for more than 51.2% of total revenue generation of the global optical position sensors market. One of the key factors that boost the segments growth is the growing application of optical sensors in various consumer electric products like smartphones, and smart cameras. Some of the other end user industries that constitute the global optical position sensors market are defense and aerospace.

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Smart Devices Drive Better Growth

Devices like smartphones, smart watches, and tables are some of the smart devices that extensively use optical sensors. The growth in the sales of these products soar the revenue for global optical position sensors market. In order to capture majority share of global optical sensors market, manufacturers of these devices are rolling out new products with competitive price range and features. Because of the arrival of new products in terms of technology, price, and features, smart devices are driving the growth of global optical position sensors market in the forecast period of 2018 to 2027.

Moreover, use of smart devices in agriculture sector is another factor that drives the growth of global optical position sensors market these days, says the report. According to the experts at Transparency Market Research, agriculture domain has increased the use of smart devices to predict the condition of the soil, temperature, and weather. These hiked up adoptions are one of many factors that are driving the growth of global optical position sensors market in the forecast period of 2018 to 2027.

Lack of Precision may Hamper the Growth

One of the most prominent drawbacks of optical sensors is that they lack precision.  It makes it difficult for the user to ensure the quality of the results and accuracy of the information they provide. This is majorly because of the absence of proper international standards in order to determine the performance of the sensors. Due to these inconsistencies, the global optical sensors marker might face some downfall during the forecast period. However, manufacturers are incorporating technologies such as IoT and VR that can provide impactful result for their optical sensors. Based on these technologies, the global optical position sensors market is expected to maintain its growth in the forecast period of 2018 to 2027.

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The study presented here is based on a report by Transparency Market Research (TMR), titled, “Optical Position Sensors Market (Types - One Dimensional Optical Position Sensors, Two Dimensional Optical Position Sensors, and Multi-axial Optical Position Sensors; Application - Aerospace and Defense, Automotive, Consumer Electronics, and Healthcare) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019–2027.”

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Capsule Filler Market Share by Region

Transparency Market Research delivers key insights on the global capsule filler market. In terms of revenue, the global capsule filler market is estimated to expand at a growth rate of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global capsule filler market report.

In the report, TMR predicts that the global capsule filler market would be largely driven by factors such as increasing demand for nutraceuticals, and rising demand for capsules in emerging markets across the world. Moreover, the growing usage of automatic capsule fillers is expected to boost the growth of the capsule filler market in the coming years.

According to the capsule filler market research report, in terms of type, the market has been divided into manual, semi-automatic, and automatic. Automatic capsule fillers are expected to remain dominant in the global capsule filler market and their dominance is projected to continue during the forecast period. Increase in demand for large scale production of capsules is the major reason for the dominance of automatic capsule fillers.

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In terms of filling material, the global capsule filler market has been classified into liquid, semi-solid, and solid. Solid filling material held majority share in 2019 and is projected to hold the same position based on revenue generation during the forecast years, owing to the increasing demand for powder and granule form in medicines as they have faster dissolution rate. Moreover, they enable easy filling of granules in capsules, preventing any type of leakage or contamination both before and after filling of the capsules.

Capsule Filler Market: Drivers, Opportunities, and Restraints

Globally, the use of capsule fillers is expected to experience steady growth. Growth of the capsule filler market is the result of stringent pharmaceutical regulations by governments of different countries. These regulations are leading to a growing need for capsule fillers, which can fill capsules more precisely at a faster rate. The most dominant factor driving the growth of the capsule filler market is the growing usage of capsules. Capsules are gradually being favored as majority of people choose to intake medications or supplements in the form of capsules. Therefore, in countries where advanced drugs are made, capsules are mainly preferred, owing to their well-defined advantages over tablets, which is expected to drive the overall market in the coming years.

Increasing demand for capsules entails large-scale production with more capsule filling capacity, which offers opportunity for the development of new capsule filler machines that can produce more capsules in an hour. Furthermore, increasing application of technology by different pharmaceutical companies is driving demand for complete automation of capsule manufacturing processes. This is also projected to create new opportunities for the capsule filler market globally throughout the forecast years.

However, the major challenge faced by the capsule filler market is the increasing prevalence of skin problems, which require topical administration of medication, and diseases in which drugs need to be administered intravenously. In such cases, drugs cannot be administered in capsule form, which is likely to hamper the capsule filler market in the coming years.

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Capsule Filler Market: Prominent Regions

In 2019, North America dominated the global capsule filler market. The dominance can be attributed to increasing use of capsules inside inhalers for the highly prevalent pulmonary diseases in the region. However, the market in Asia Pacific is expected to grow at a faster rate throughout the forecast period. The capsule filler market in Asia Pacific is driven by rising applications in nutraceuticals and pharmaceutical companies. Increasing consumer preference for capsule-based formulations and rising disposable income are some of the significant factors expected to drive market growth in the coming years.

Europe is also likely to witness steady growth rate throughout the forecast years, generating around 20% to 23% of the total capsule filler revenue globally. The capsule filler market grew in response to the increasing health awareness in the region, which is leading to the growth in the pharmaceutical industry. Therefore, demand for capsule fillers is rising in the region.

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Nanosatellite & Microsatellite Market Strategies, Factors Contributing To Growth 2020-2027

The global nanosatellite & microsatellite market is extremely competitive and fragmented in nature, states a latest report by Transparency Market Research (TMR). Some of the prominent players operating in the global market are Clyde Space, Gomspace, Ruag Group, Raytheon, and Sierra Nevada Corporation. These companies are focusing on investing in research and development activities to introduce innovative products in the marketplace to gain a competitive edge in the global nanosatellite & microsatellite market. Alternatively, these players are entering into mergers and acquisitions to penetrate the global nanosatellite & microsatellite market. New players are entering the global nanosatellite & microsatellite market.

Growing focus on reducing the cost of miniature satellites, rising development of infrastructure, and advancements in satellites are expected to boost the global nanosatellite & microsatellite market during the forecast period. The global nanosatellite & microsatellite market is projected to expand at a CAGR of 12.9% from 2019 to 2027 to reach value of US$ 3.4 Bn by the end of the forecast period.

Geographically, the global nanosatellite & microsatellite market is expected to be dominated by Asia Pacific during the forecast period. Growth of the market in the region can be attributed to rising demand for applications related to earth observation and research and development of network infrastructure in developing countries in Asia Pacific.

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In terms of industry type, the global nanosatellite & microsatellite market has been segmented into agency, defense, educational, non-profit, energy & infrastructure, and others. Among these, the global nanosatellite & microsatellite market is expected to be led by the defense sector during the forecast period. This growth can be attributed to high demand in the defense sector to communicate with soldiers located in far-flung areas.

Technological Advancements to Promote Growth of Global Nanosatellite & Microsatellite Market

Rising demand for miniature satellites and low costs incurred for production of miniature satellites are expected to boost the global nanosatellite & microsatellite market in the next few years. Increasing number of telecom companies is likely to generate demand for nanosatellites and microsatellites. These companies invest in nanosatellites and microsatellites to improve their Internet connectivity and bandwidth. Cost effectiveness and better features provided by modern microsatellites as compared to conventional ones are projected to drive the global nanosatellite & microsatellite market during the forecast period.  Hence, the global nanosatellite & microsatellite market is projected to expand at a substantial rate during the forecast period.

Moreover, advanced technologies that help in setting up research universities are projected to provide new growth avenues to the global nanosatellite & microsatellite market during the forecast period. Rising need for communication by using smart devices is projected to boost the global nanosatellite & microsatellite market in the next few years.

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Implementation of Strict Regulations to Restrain Market

Stringent rules and regulations by International Telecom Union regarding radio frequencies are estimated to hamper the global nanosatellite & microsatellite market in the next few years. Moreover, lack of launch vehicles to launch miniature satellites are projected to hinder the global nanosatellite & microsatellite market in the next few years.

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High Resolution Dispensing Systems and Equipment Market Demand, Trends and Forecast to 2027

The competitive landscape in the global high resolution dispensing systems and equipment market is consolidated, as top five players held 50% share in the market in 2018. Leading players paved their way by concentrating more on innovative technologies and developing advanced items. Owing to these strategies, players are able to strengthen their positions and expand their geographical reach. Players are also making deliberate efforts to meet the growing demand from various end-user industries. To name a few leading players operating in the global high resolution dispensing systems and equipment market are Dover Corporation, Nordson Corporation, AptarGroup, Inc., Jensen Global Inc., Franklin Fueling Systems Inc., and Musashi Engineering Inc.

According to Transparency Market Research report, the global high resolution dispensing systems and equipment market is projected to rise at steady CAGR of 6.30 over the projected tenure between 2019 and 2027. If the market progresses at this growth rate, the market valuation will reach up to US$ 3.75 bn by the end of 2027. In 2018, the market earned US$ 2.16 bn.

The demand for automatic dispensing systems that falls under the product category has gained huge attention and acquired a larger share in the market in 2018. Manufacturers developing automatic dispensing systems are using automatic variants due to its multiple advantages. Moreover, automatic dispensers help in preventing dispensing in wrong locations that encourages overall productivity, lowers the chances of part failure, and reduces cost.

With respect to geography, Europe held dominant share in the global high resolution dispensing systems and equipment market 2018 and is expected to lead the market over the projected tenure. Increasing use of advanced technology and higher investments in the electronics industry strengthen position of this market. Moreover, Asia Pacific market is also projected to contribute in growing the global high resolution dispensing systems and equipment market.

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Increasing Application Various Industries to Expand Market Performance

Integration of automation in various industries is the key driving factor behind the growth of the global high resolution dispensing systems and equipment market. In fact, the growing needs customization, accuracy, and control among the end-users is also expected to fuel growth in this market. Moreover, increasing employment of high resolution dispensing systems and equipment in various industries such as automotive, aerospace and defense, and oil and gas is also anticipated to provide a fillip in this market.

Adding further, growing use of high resolution dispensing systems and equipment in the electronic industry might also create growth opportunities in this market in the coming years. High resolution dispensing systems and equipment is used in electronic applications such as protecting, kiting, and plastic holding to gain high accuracy and precision.                                                    

Expensive High Resolution Dispensing Systems and Equipment Could Limit Market Growth

As the cost of high resolution dispensing systems and equipment is generally higher than ordinary dispensing systems and equipment which might restrain growth in this market. This cost is increased due to innovation taking place in high resolution dispensing systems and equipment which overall increases the cost of products. Moreover, design limitations are also projected to restrict growth in this market. However, increasing demand for precision and accuracy might encourage the growth in the global high resolution dispensing systems and equipment market. 

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