Online Gambling & Betting Market Regional Outlook

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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Sheet Face Masks Market Application Outlook

The rising aging population and increased beauty awareness has introduced the trend to look young in the global market. This has largely increased the demand for anti-aging skin care products including the sheet face masks for anti-aging. The market for these products has also made different manufacturers to launch specialized products such as anti-aging or anti wrinkles. The demand for a youthful appearance is also being prevailed by the male population, thus attracting male consumers towards the sheet face mask market.

Sheet face masks market size was valued US$ 285.6 Mn in 2018 and expected to grow with a CAGR of 8.1% from 2019 to 2027. It has been estimated that the market will reach US$ 575.7 Mn in 2027.

Non-woven sheet face masks are growing at a slower pace compared to the other sheet face masks, because of the inconvenience it causes. Non-woven sheets are extremely light and have less water holding capacity, and hence tend to slip from the face. Also, these masks dry out easily because of their limited water holding capacity. Nevertheless, the extremely affordable rates, faster production, and easier application makes these sheet face masks rise at a CAGR of 7%

Increasing Demand from Anti-aging Population

The market trend to look younger and maintain a healthy skin is prevailing globally, and is one of the major drivers for the growth of the sheet face mask market. A large number of elderly customers around the globe have the buying power as well as the desire to appear younger, in turn increasing the demand for anti-aging sheet face masks. The emphasis on anti-aging formulas and technology by various brands has led to a variety of new products in the market, thus enhancing its purchase. Currently, the rising anti-aging population and the higher spending capacity of elderly consumers has a high impact on this driver.

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Modern Trade and Online Buying Options

The increase in online trade has brought the world closer and also made different brands available in different regions. Online trade benefits consumers by offering various options on one platform, as well as helps manufacturers to penetrate different markets. Shopping online has become more convenient due to the development in mobile and computer technology.

Apart from online shopping, availability of sheet face masks in modern trade that include hypermarkets, supermarkets etc. is also considered to be a boon for the market. Modern trade has not only been beneficial for the sheet mask market but the consumer goods market as a whole. This is because of impulse purchases, variety of products, multi brand availability, and the display of merchandise. This driver currently has a moderate impact on the growth of the market. However, with the anticipated rise in adoption of online shopping and increasing mall cultures, the impact would become high by the end of the forecast period.

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Flashlight LED Market Demand and Forecast Research to 2030

LED lighting solutions are gaining immense popularity among residential and commercial applications at a rapid rate. This factor may serve as a growth generator for the global flashlight LED market across the forecast period of 2020 - 2030. Portable and compact LEDs are making a mark across the global populace in terms of usage. This aspect may also prove to be a growth multiplier for the flashlight LED market.

This report on the flashlight LED market conducts thorough research on various parameters for analyzing the ideal growth generating factors. This aspect proves to be of great help to the market stakeholder and helps them to design their business strategies accordingly. This report also covers the rapidly changing flashlight LED market scenario. The report also sheds light on the effects of COVID-19 on the flashlight LED market through the forecast period of 2019-2028.

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Flashlight LED market: Competitive Scenario

The competitors in the flashlight LED market are adopting various mechanisms and technologies to serve in the most efficient way for the consumers. Inculcation of features like rechargeable capacity and lightweight properties are allowing the manufacturers in the flashlight LED market to penetrate deeper for growth prospects. The use of superior quality material for flashlight LEDs is also a prime goal of the key players for offering excellent performance. Traditional transcendent flashlights are swiftly being replaced by flashlight LEDs due to their convenience and ease of application. This factor may serve as a great growth opportunity for the flashlight LED market.

Mergers, acquisitions, joint ventures, collaborations, and partnerships serve as strong pillars of growth for the flashlight LED market. Research and development activities also form a vital part of the flashlight LED market as they assist in discoveries and findings that augur well for cost-effectively providing good quality flashlight LEDs. Key players involved in the flashlight LED market are Surefire LLC, Larson Electronics LLC, powning International S.A., Pelican Products Inc., Energizer Holdings Inc., Streamlight Inc., Mag Instrument Inc., and Bayco Products Inc.

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Flashlight LED Market: Emerging Trends

The flashlight LED market is witnessing numerous trends that cater in a great way to the consumers. The use of flashlight LEDs in the healthcare sector may paint fresh opportunities for growth on the canvas of the flashlight LED market. Healthcare professionals use LED penlights that help in examining the patient’s eyes and ears carefully. Flashlight LEDs are also said to reduce eye defects. A study conducted by a group of researchers published in Journals of Gerontology proves that deep red flashlight LEDs may help to tackle the problem of aging vision. Such developments may open new doors of opportunities for the flashlight LED market.

The addition of flashlight LEDs in producing innovative products may gain traction and offer good growth prospects to the flashlight LED market. Xiaomi recently launched an umpella with an inbuilt flashlight LED. This aspect helps the user to detect and identify a deep puddle or a missing tile while walking in the dark during the rain. Similar advancements may serve as a boon for the growth of the flashlight LED market.

Flashlight LED Market: Regional Developments

The flashlight LED market can be geographically segmented into South America, North America, Asia Pacific, the Middle East and Africa, and Europe. Asia Pacific may serve as the leading growth contributor for the flashlight LED market. Remote areas in India observe frequent power cuts. This factor leads to an increase in the usage of flashlight LEDs on a large scale across remote and rural areas in India, eventually increasing the growth rate. North America may also witness good growth across the forecast period due to the escalating demand for LED flashlights across residential and commercial sectors.

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MWIR Cameras Market Opportunities, Latest Innovation, Technology Trends and Forecast 2027

• Medium wavelength infrared (MWIR) cameras are used as detection systems for gas leakage. Some of these gases are completely invisible to the naked eye.
• MWIR collects light within the spectral band of 3.0–5.0 μm. The MWIR band is the spectrum where thermal contrast is high, due to which the variation in radiation with temperature is less as compared to the LWIR band. Hence, MWIR images provide better contrast than LWIR images.
• Based on type, MWIR cameras are classified into handheld cameras and mountable/drone cameras. These cameras are lightweight and are useful for monitoring of hazardous gases.
• Additionally, MWIR thermal cameras are capable of achieving the longest range detection for thermal infrared surveillance cameras
• MWIR cameras provide accurate temperature measurement, sharp imagery, and streamlined analysis features, which are required for military, industrial, and manufacturing R&D applications

Rise in Demand for MWIR Cameras for Use in Military Operations

• MWIR cameras are largely used in military applications, such as security & surveillance, which is considered a major factor driving the market
• MWIR cameras are employed in surveillance systems to keep a track of the surroundings, owing to their capability to detect illegal activities even in degraded weather conditions
• Since MWIR cameras are used in various critical military operations, the demand for technologically advanced, high-definition resolution cameras is increasing. As a result of this, several manufacturers of MWIR cameras are focusing on developing high-definition resolution cameras at low prices.
• For instance, in March 2020, FLIR Systems, Inc. launched a new high-definition mid-range surveillance system for use in military applications, which captures HD imagery with AI (artificial intelligence) image processing for quick decision making, thereby enabling operators to distinguish between true threats and false alarms
• As a result of these advantages, the demand for MWIR cameras for use in military applications is increasing, which is expected to drive the global MWIR cameras market during the forecast period

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North America to Lead Global MWIR Cameras Market

• In terms of region, the global MWIR cameras market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is anticipated to dominate the global MWIR cameras market throughout the forecast period, as a large number of manufacturers of MWIR cameras operate in the region
• The MWIR cameras market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

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Linear Voltage Regulator Market Effect Factors Analysis

• In electronics, a linear voltage regulator is a system used to maintain voltage stable. In any system, resistance of the regulator varies depending on load applied to the system in order to attain constant voltage output.
• In low-power electronic circuits, the number of integrated circuits has increased in almost every electronic product. This has risen the demand of linear voltage regulators for use to maintain voltage in a system stable.
• Use of linear voltage regulators offers multiple advantages such as protection from short-circuit current, high temperature, and reverse polarity. Also, it consumes less current.
• Additionally, linear voltage regulators are easy to operate; are available at an affordable price; and they have simple architecture

• Linear voltage regulators are classified into two types: low drop-out and standard

• Linear voltage regulators are employed in various end-use sectors such as commercial, residential, industrial, automotive, and electrical & electronics

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Rise in Demand for Linear Voltage Regulators in Electrical & Electronics (E&E) Industry

• Linear voltage regulators are largely used in the electrical & electronics (E&E) industry, as they require stable and ripple-free power supply. Additionally, linear voltage regulators are capable to convert higher-input voltage to lower-output voltage.
• Moreover, the linear voltage regulator has extremely low output ripple and spectral noise, as it does not have any switching element. Due to this, linear voltage regulators are largely used in wired as well as wireless communication systems.
• Furthermore, linear voltage regulators are used in power distribution systems to decrease the possibility of short-circuit current by providing stable output voltage, irrespective of change in the load applied to the system. As a result of these advantages, the demand for linear voltage regulators for use in electrical & electronics industry is increasing. This is expected to drive the global linear voltage regulator market during the forecast period.

Automotive Segment to Witness Lucrative Opportunities

• Based on end-use industry, the global linear voltage regulator market can be segmented into commercial, residential, industrial, automotive, and electrical & electronics
• The automotive industry has emerged as an attractive sector for investments for organizations across the globe. In automobiles, use of linear voltage regulators is helpful in harsh environments, as several manufacturers of linear voltage regulators are focusing on providing the product with features such as watchdog, reset, and early warning
• Additionally, use of linear voltage regulators in automobiles is beneficial, as they generate stable output voltage for all automotive applications
• Thus, increase in use of linear voltage regulators in the automotive sector is expected to offer lucrative opportunities to the global linear voltage regulator market during the forecast period
• However, linear voltage regulators offer lower efficiency than switching voltage regulators. This is expected to restrain the global market for linear voltage regulators during the forecast period.

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Europe to Lead Global Market

• In terms of region, the global linear voltage regulator market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• Europe is anticipated to dominate the global linear voltage regulator market throughout the forecast period, as several manufacturers of linear voltage regulators operate in Europe and they are continually investing in the field of voltage regulators
• The linear voltage regulator market in North America and Asia Pacific is expected to expand at a substantial rate during the forecast period. However, the market in Middle East & Africa and South America is estimated to expand at a moderate rate during the forecast period.

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Smart Moisture Sensors Market Analysis by Application

• Smart moisture sensors are provided with a data transfer feature with Bluetooth module or some other medium
• These sensors are used in various research applications such as horticulture, environmental science, climate research, irrigation planning, and agricultural science
• Along with advanced irrigation controllers, smart moisture sensors are used in the irrigation of residential lawns, landscapes, and suburban areas
• These sensors are employed for various other applications including sports & entertainment, research studies, construction, weather forecasting,  sports turf, mining, building & construction, and landscaping & ground care 

Key Drivers of Global Smart Moisture Sensors Market

• The global smart moisture sensors market is expected to expand during the forecast period, owing to increasing demand for smart moisture sensors for use in various applications such as forestry, weather forecasting, and sports & entertainment
• Increasing investments in the establishment of green and smart cities are also anticipated to fuel the demand for smart moisture sensors for use in landscape irrigation of sideways, parks, and others green zones in these cities
• Recent advancements in the sensor technology are allowing remote data collection from building and construction sites, which offers real-time alerts and long-term analysis. This can help catch water damage before it spreads to the rest of the building.
• Companies operating in the global smart moisture sensors market are investing to expand their product portfolios as well as their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to meet the increasing demand for smart moisture sensors in different regions. 

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Increasing Adoption of Smart Irrigation in Agriculture Sector

• Adoption of new technologies is increasing in the agriculture sector in order to optimize agriculture-allied activities
• The preference for smart irrigation is increasing in order to meet specific landscape needs; tailor watering schedules; and reduce overall operational costs associated with irrigation
• Manufacturers are increasing their attention toward application of smart moisture sensors
• Moreover, leading manufacturers of smart moisture sensors are planning to increase investments in research and development activities. These factors are expected to drive the demand for smart moisture sensors during the forecast period. 

Poor Response Time of Smart Moisture Sensors

• Smart moisture sensors offer sluggish response to soil water content, irrigation, or rainfall
• Moreover, lack of accuracy of smart moisture sensors in sandy soil particles led by their large particle size is expected to limit the usage of smart moisture sensors in the near future
• However, research and development in the field of smart moisture sensors is expected to overcome these issues in the next few years 

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North America to Hold a Major Share of Global Smart Moisture Sensors Market

• Asia Pacific is a leading region of the global smart moisture sensors market, followed by North America and Europe. China, India, and Japan are key markets for smart moisture sensors in the region. In terms of demand, these countries account for a major share of the market in the region.
• In addition to this, the demand of smart moisture sensors is expected to increase from sports and construction industries in Asia pacific in the next few years. This is expected to augment the demand for smart moisture sensors during the forecast period. 

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Battery Resistance Tester Market Revenue (Value), Price Trend by Type

• Battery resistance testers measure resistance and voltage of modern-technology batteries with high resolution, speed, and accuracy
• Battery resistance testers primarily provide the measurement of multiple parameters of non-rechargeable batteries such as alkaline and rechargeable batteries including lithium-ion (Li-ion), nickel–cadmium (Ni–Cd), and lead–acid batteries
• Furthermore, battery resistance testers also provide quick measurement of battery voltage, internal resistance, and several other parameters for non-rechargeable as well as rechargeable batteries.
• Battery resistance testers are employed to measure multiple parameters such as inter-cell resistance, internal ohmic resistance (mΩ), connection resistance, cell voltage, temperature, DC current, and ripple current
• Moreover, advanced and user-friendly software of battery testers allow the user to recollect and re-test reading on-site for data comparing and trending
• This advanced, integrated feature of quick data storing and recording of numerous battery parameters is gaining traction

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Key Drivers of Global Battery Resistance Tester Market

• The global battery resistance tester market witnesses significant growth, owing to the rising demand in the electronics & instrumentation industry, which is anticipated to augment the production as well as sales of battery resistance testers worldwide during the forecast period
• Also, government support for a holistic approach toward instruments is estimated to drive the global battery resistance tester market during the forecast period
• Low maintenance and eco-friendly nature of battery resistance testers have made them popular in multiple industrial applications
• Moreover, electricity-generating stations and substations require all-day-run batteries for protection and control of switches and relays, while industrial applications require them for protection and control. Thus, batteries are employed to ensure that critical electric equipment are always on. Thus, in order to ensure that the supported equipment is adequately backed up and to prevent unexpected failures by tracking the battery’s health, battery testers are used. Thus, growing adoption of battery testers is fueling the demand for battery resistance testers.

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Portable Equipment Type Segment to Witness Significant Growth

• A portable battery resistance tester is the quickest, smallest, easiest, and most precise to use. Portable batteries have an advanced battery-tested data management software available with them to generate reports about the measured data.
• Thus, the portable equipment type segment of the global battery resistance tester market is likely to witness significant growth during the forecast period

Asia Pacific to Hold a Major Share of Global Battery Resistance Tester Market

• In terms of region, the global battery resistance tester market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The battery resistance tester market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period, though it has witnessed sluggish growth in the past. This growth can be attributed to the increasing demand for eco-friendly as well as user-friendly instruments from various growing end-use industries in the region. Also, the economic growth and increased investments in research and development activities by governments and key manufacturers are fueling the battery resistance tester market in Asia Pacific.

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