Opportunity Analysis in Anti-Lock Braking System Market

Anti-lock braking system (ABS) is a safety system for automobiles which is intended to keep the wheel rotating and to prevent the skidding of the vehicle. Mechanical anti-lock systems were developed originally in the late 1920s for use in aircrafts. This mechanical systems witness was used at limited instances in vehicles at that time, but never found widespread usage, owing to its unreliability and high price tag. However, anti-lock braking systems are now a standard feature in most of the vehicles and it offers expanded functions as well. Anti-lock braking systems are already mandatory in the developed regions of North America and Europe, while the stringent legislations and safety norms in the developing countries are set to rapidly generate demand for these systems, thereby creating high growth opportunities for the anti-lock braking systems market.

The expanding number of deaths brought on because of street mishapshas constrained the administration in numerous regions to actualize stringent guidelines and regulations, and deploy ABS in all vehicles, and this is steadily boosting the growth of the global market. For instance, the Road Transport Ministry of India reported in September 2015 that every one of the models of bikes should be fitted with combined braking system (CBS) and anti-lock braking system by 2018.

Other than allowing the driver to maintain the directional stability of the vehicle and control over steering during braking there are other importance of ABS which adds to its features. It helps the car to take sharp corners more quickly and safely. ABS acts as traction control and the classic case is that of the modern Range Rover which uses the in-built ABS to gently brake a slipping wheel to help restore traction and grip.Further, anti-lock braking systems function efficiently to make a vehicle come to halt quickly. Anti-lock braking systems help to absorb the turbulence shock waves and also modulates the pulses, therebyallowing the wheel to continually turn under maximum braking pressure. Thus, the usage of anti-lock braking systems in self-breaking systems is rising significantly. However, inconsistent stop times and high cost associated with these systems are posing to be a restraint to the growth of the global market.

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The global automotiveanti-lock braking systemmarket can be segmented, by components into speed sensors, hydraulic motor, pressure release valves,brake calipers and control module.On the basis of types of the global market can be classified into Four-Channel, Four-Sensor; Three-Channel, Three-Sensor and One-Channel, One-Sensor. In addition, the market can be geographically divided broadly into five regions, namely: North America, Europe, Asia Pacific, South America and Middle East and Africa.The anti-lock braking system market in North America and Europe has a high penetration rate and is already well-established.

The deployment of these systems is also witnessing significant growth in the emerging regions of Asia Pacific, South America and Middle East and Africa, owing to the introduction of stringent legislation and policy framework mandating the installation of safety equipment in automobiles, coupled with the consumers’ preference for better safety measures and their rapidly increasing in purchasing power.

The developing countries such as Brazil, India, UAE and Russia are expected to record a significant growth in the demand for automotive anti-lock braking systems during the forecast period. However, the largest share of the global market is expected to be held by the major automotive producing countriesof U.K., Germany and China from 2016 – 2024.

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The key players in the global automotive anti-lock braking system market include Robert Bosch GMBH (Germany), Hyundai Mobis (South Korea), Continental AG (Germany), Denso Corp. (Japan), TRW Automotive (United States), Autoliv Inc. (Sweden), Hitachi Automotive Systems, Ltd. (Japan), Aisin Seiki Co., Ltd.(Japan),Delphi Automotive PLC (United Kingdom), and Haldex Corp.  (Sweden) among others.

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Pet Grooming Market by End Users/Application

The pet grooming market is expanding at a firm pace owing to the accessibility of frequent moveable pet groomers who deliver pet grooming activities as per the convenience of pet owners. The pet grooming market is expanding rapidly owing to the cost and convenience of the mobile groomer facilities. The process is efficient and saves time, proving to be suitable for pets and pet owners and eliminates the need to stand in long queues. The process is cheaper as compared to grooming salons, which is likely to drive the pet grooming market over the forecast period.

Growing use of premium pet products and the concept of pet parents are the drivers of the pet grooming market globally. Adoption of pets by single parents or childless parents is likely to create opportunities of growth for the pet grooming market over the forecast period. Moveable vans which are used to offer such services act as an advertising medium, because mobile groomers can place the logo and name, contact information, and the services presented by their business on the van. The increasing business of mobile pet groomers is expected to fuel the growth of the pet grooming market over the estimated time period. 

The pet grooming market has been segmented by product type into conditioners and shampoos, scissors and clippers, and combs and brushes. Conditioners and shampoos were the most dominant segment in 2015 and it is anticipated to remain so over the forecast period. Pet owners purchase various types of shampoos and conditioners for allergy prevention, odor control, color enhancement, protection of natural oils, and coat care among others. Increasing demand for safe and healthy products is expected to drive the conditioners and shampoos segment over the forecast period. 

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Geographically, the pet grooming market is segmented by Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for majority of the market share of the pet grooming market in 2015 and it is expected to remain so over the forecast period. Increase in pet ownership and cumulative expenditure on pets is driving the pet grooming market in this region.

Adoption of premium and specialized products has been a major factor fuelling demand in the North America pet grooming market. The U.S. accounts for majority of the market share in this region. Europe accounts for a steady demand for pet grooming products owing to the changing consumer preferences for pet grooming products such as designer outfits, specialty shampoos, and holiday presents.

Germany, the U.K. and Italy accounts for the majority of the market share of the pet grooming market in this region. Asia Pacific is one of the fast growing regions in the pet grooming market owing to the fast pace of urbanization and increasing popularity of pet grooming products in this region. Japan is one of the largest market for pet grooming activities in Asia-Pacific. Middle East and Africa is also an emerging market for pet grooming products due to the increasing popularity of premium pet products. Latin America is expected to have an increasing market share in the pet grooming market due to the introduction of innovative and specialty pet products. Brazil accounts for majority of the market share in the pet grooming market in this region. 

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The major players in the pet grooming market are Beaphar, Ferplast, Ancol, Rolf C Hagen, and Hartz Mountain.  Some of the other key vendors in the pet grooming market are Chelsea Dogs, earthbath, Johnson's Veterinary Products, Bob Martin, BOSHEL, Leonard F. Jollye, Mines for Pets, Just for Pets, Oster, Pet Brands, The Pet Warehouse, and Pettex among others.

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Maternity Wear Market Share by Key Players

Maternity wear clothes are worn by women during the period of pregnancy. Previously, maternity wear clothes were used to serve to the purpose of hiding the baby bump, irrespective the fitting. In recent times, women have become increasing conscious about the fitting of the clothes as well. Further, maternity wear are considered as a part of fashion clothing as well. This factor has led to the steady growth of the maternity wear market across the globe.

Increasing number of pregnant working women is a key factor responsible for the growth of the maternity wear market. This factor is also fuelled by the increasing purchasing power of women. High purchasing power of women has led them to spend considerable amount of money on maternity wears as well. Transition in the lifestyle of women in terms of dressing habits is another major factor responsible for the growth of this market. Women have become more concerned about proper fitting of their clothes which include maternity clothes as well. Additionally, celebrity influence is another factor that is driving the female population towards the purchase of various types of maternity wear clothes.

Low/fluctuating birthrates are a major hindrance to the growth of this market. Switzerland accounted for 9.53 births per 1000 people, while Bulgaria accounted for 9.32 births per 1000 people. Austria recorded birth rate of 8.67 births per 1000 people while Germany recorded 8.30 births per 1000 people. Monaco recorded the lowest birth rate of 6.94 births per 1000 people. The low birth rate in these countries is highly responsible for the weak growth of the maternity wear clothes in these countries. Additionally, high unemployment rate in some of the countries such as Afghanistan, Bosnia and Herzegovina, Chad, and Greece among others is another major factor responsible for the weak growth of the maternity wear market.

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The developing countries pose as suitable opportunity for the growth of this market. The number of pregnant working females is expected to increase in the future, thus paving the way for the maternity wear market in the future.

Based on types, the market is classified into tops, bottoms, dresses and tunics, nightwear and innerwear. Tops are expected to lead the market throughout the forecast period. Tops are inclusive of business wear and casual wear. Further, the demand for maternity formal wear is on the rise due to the increasing number of female working population. Maternity trousers for the modern expecting mothers include a layer of spandex, denim leggings with ribbed panels and various others.

Based on distribution channel, the market is classified into online channels and offline channels. Offline channels are classified into supermarkets and hypermarkets, independent retail stores and various others.

Based on region, the market is classified into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Major countries covered under the scope of the research include U.S., Germany, U.K., France, Italy, India, China, Japan. U.A.E. South Africa and Latin America. Europe, Middle East and Africa are expected to lead the market throughout the forecast period on account of the economic recovery which resulted in an increased number of women joining the workforce. Further, a high number of pregnant women have shown to continue work till the advanced stages of pregnancy.

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The global maternity wear market is marked by some intense competition from the major players operating in this market. Frequent mergers and acquisitions, joint ventures and partnerships product innovation and geographical expansion are some of the key strategies adopted by these players in order to ensure long term sustenance in the market. Notable players include, Amoralia, Arcadia Group, Gap, Mothercare, Isabella Oliver and various others. The competition among these players is majorly based on design, quality, variety and color.

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Objective Lenses Market Breakdown Data by Type and Application

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

Objective lenses are used in various applications such as cameras, microscopes, and telescopes for medical, industrial, and research use, to magnify the object to study, diagnose, or perform operations precisely. These lenses are largely used in microscopes to diagnose individual cells accurately. Highly skilled and trained medical professionals are required to operate microscopes and obtain clear images in the process of study and diagnosing. Thus, demand for objective lenses is projected to rise across the globe in the near future with the growing trend of making novel microscopes and cameras to perform operations precisely, quickly, and safely.

The global objective lenses market has been broadly segmented based on product type, application, and end use. Based on product type, the market has been divided into scanning objective lens (4x), low power objective lens (10x), high power objective lens (40x), and oil immersion objective lens (100x). Based on application, the market has been categorized into under cameras, microscopes, telescopes, and others. In terms of end use, the market has been segregated into medical use, industrial use, and research use. Among product type, the high power objective lens (40x) segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period. This is primarily attributable to significant use of high power objective lens (40x) in the healthcare industry.

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Objective Lenses Market: Dynamics

Traditional microscopes used in the laboratory environment are operated entirely manually. However, in recent years, the demand for automated microscopy has risen for multiple laboratory tasks. These automated microscopes are increasingly being used in various modern workplaces, as they are particularly useful in applications that require a high number of repeated observations over a long period of time with high precision and accuracy. For instance, in October 2017, Nanotronics raised US$ 30 Mn to accelerate the development of optical inspection technologies useful for MEMS, nano-medicine, DNA sequencing, and semiconductor fields. The adoption of automated microscopes in modern workplaces such as research laboratories is significantly high as a result of these factors, which is expected to drive the growth rate of the global objective lenses market during the forecast period.

Moreover, rise in demand for high power objective lenses has encouraged multiple manufacturers to engage in strategic partnerships to expand their product portfolio and speed up the sales of high quality industrial microscopy cameras to fulfil the needs of mid-range customers. For instance, in May 2019, Nikon Metrology NV and Pixelink announced a new strategic partnership to accelerate the sales of affordable industrial microscopy cameras, featuring USB 3.0 connectivity, latest high-resolution CMOS sensors, and rolling shutter technology, to offer high quality images.

Thus, increase in strategic partnerships between manufacturers is expected to boost the global market during the forecast period. Furthermore, with technological advancements, scientists have developed a specialized microscope that can non-invasively diagnose and treat skin cancer as well as perform precision surgery without making any incisions in the skin, thereby resulting in improvement in the performance of microscopes. Thus, several well-established manufacturers of objective lenses are undertaking technological advancements in their products to cater to changing needs of customers. Objective lenses are expected to witness high demand across the globe during the forecast period due to these factors.

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Objective Lenses Market: Prominent Regions

According to regional analysis, North America is the dominant region of the global objective lenses market.  The growth of the market in the region can be attributed to the significant manufacturing ability of players operating in the North America market to produce objective lenses for healthcare and industrial use. The U.S. has proved to be the most diversified and dynamic market. A majority of high power objective lenses are used in microscopes to study and diagnose individual cells and viruses to cure patients, and also used in other research; this is anticipated to drive the objective lenses market in North America in the next few years. The U.S. held a major share of the North America objective lenses market, in terms of revenue, followed by Canada, in 2019. However, in terms of revenue, the market in Mexico is anticipated to expand at a substantial CAGR during the forecast period.

Additionally, Asia Pacific is focusing on the adoption of objective lenses in order to strengthen its industrial and healthcare sectors. Japan is home to several well-established players that design and offer objective lenses. Thus, rising demand for objective lenses in healthcare and industrial sectors is anticipated to boost the objective lenses market in Asia Pacific during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The objective lenses market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

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Mass Flow Controller Market To Expect Maximum Benefit and Growth Potential During this COVID 19 Outbreak

The global mass flow controller market has been prognosticated to be characterized by the presence of scores of powerful players. Key companies operating in the market could be engaged in a tough competition based on product innovation, quality, support services, price, and performance. The market could include prominent companies such as Brooks Instruments, Bronkhorst High-Tech B.V., Parker Hannifin Corporation, MKS Instruments, and Horiba Ltd. Transparency Market Research (TMR) has published a new report on the market which gives a broad account of some of the crucial growth factors, restraints, and business opportunities about to show face in the foreseeable future.

According to TMR, a revenue valuation of US$1.47 bn could be achieved by the global mass flow controller market by the completion of 2027 at a CAGR of 9.37% during the forecast tenure 2019-2027. In 2018, the market had attained a valuation of US$0.65 bn. As per type of product, the coriolis mass flow meter segment could account for a larger share in the coming years. By region, Europe has been anticipated to account highest market share during the forecast period.

Increasing Need for Water and Wastewater Treatment Creates Lucrative Application

The world mass flow controller market has been prophesied to gain a whole lot of momentum in its growth with the rising application of water and wastewater treatment. While reducing plant operation cost, the installation, application, and operation of mass flow meter could enhance product efficiency and quality. This helps mass flow meter to accomplish everything from determining disinfection gases to monitoring air or gas flow in digesters and aeration systems.

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On the global platform, the demand for mass flow controller could gain a high significance due to the rising requirement of continuous emission monitoring system (CEMS) for reporting, recording, and collecting data associated with the emission of gasses.

Moreover, the increase in investment for massive development and innovation in the semiconductor industry to discover next generation of semiconductor technologies has been expected to create ample of opportunities in the world mass flow controller market.

According to semiconductor industry association (SIA), the U.S. semiconductor firms including fabless companies was invested US$ 71.4 Bn in 2018 for the research and development of semiconductor technologies.

The very function of mass flow controller in providing one of the most cost-effective and precise ways of controlling gas and liquid flow could augment the demand in the near future.

Differential Pressure Variations Causing Offset in Flow Management Deter Demand

The offset created in flow management due to variations in the differential pressure of mass flow controller could hamper the demand in the international market. Moreover, the rise in strategic component price has been predicted to slow down the increase in the demand for mass flow controller.

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The mounting position of mass flow controller could be another factor deterring market growth. However, profit-making applications of mass flow controller in a range of industries such as metals and mining, semiconductor, and chemicals could counterbalance the loss in growth for the coming years. Furthermore, new applications of ultra-low flow rate mass flow controller in a number of medical and industrial fields have been foreseen to set the tone for a valuable growth of the market.

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Water Meter Market share and Forecasts to 2027

Some of the prominent players operating in the water meter market are Arad Group, Badger Meter, Itron, and Kamstrup. These players are increasing focus towards the adopting various strategies in order to strengthen foot hold in the smart water metering market.

Contracts, agreements, business expansion and mergers and collaboration are some of the widely adopted strategies by the players.

For instance, in 2018, Kamstrup, leading water metering solution manufacturer announced the opening of its new manufacturing plant in United States.

Moreover, in 2018, Diehl, a key service provider has announced their products are available on Microsoft Azure. The company deals in several software associated with water meter. The cloud technology will help them offer a central platform for all of the energy data. Thus helping them make software access simpler and more cost-efficient for a range of manufacturers.

According to a report by Transparency Market Research (TMR), the global water meter market is projected to attain a valuation of US$6.1 bn by the end of 2027. The analysts recorded a valuation of US$4.0 bn in 2018. The water meter market is projected to showcase a steady CAGR of 4.7% during the forecast period.

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On the basis of geography, Asia Pacific is expected to hold a majority of share in the global market during 2019 to 2027.  This is mainly due to the improving infrastructure and rapidly increasing industrialization and urbanization in the region. Based on application, the water meter market is segmented into residential, commercial and industrial segment. Among these, residential sector is anticipated to continue to lead throughout the forecast period. This is because, household residents are the key consumers of water meter market. 

Need to Reduce Cost of Operation to Fuel Market’s Growth

The water meter market is projected to attain rise at a healthy CAGR during the coming few years. Growing concern toward water management, need to reduce cost of operation and rise in number of consumers are some of the prominent factor expected to boost the global water meter market in the coming few years.

In addition to this, rising integration of advanced technologies such as Internet of Things and automation in the water meters are some other factors which are expected offer several lucrative prospects to the growth of the water meter market. The accuracy of this equipment and controlled, monitored and transparent billing methods offered by these meters are boosting the consumer’s demands.

Further, players in the water meter market are increasingly integrating several advanced sensors and monitors with the water meter that offers additional data such as water velocity, quality and water flow rate. This is helping industry players efficiently manage water throughout the operation. These factors are driving the growth of the global water meter market.

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Moreover, ultrasonic meters have a longer life span, and they are able to transmit real-time data using communication network connectivity; the data is analyzed by meter data management systems or central monitoring software platforms.

Lack of Governmental Support to Impede Growth

Despite several advancements and growth in the water meter market is likely to suffer from factors such as lack of sufficient financial infrastructure and lack of governments support in developing countries, as per a recent report by World Water Development Report, on an average 480 million people in Asia suffer from water scarcity.

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Covid 19- Impact Glass to Metal Seals Market Estimated To Experience A Hike in Growth

• A glass to metal seal is useful in construction of reed switches, glass encapsulated semiconductor diodes, pressure tight glass windows in metal cases, incandescent light bulbs, electric discharge tubes, vacuum tubes, and metal packages of electronic components
• It is applicable in various end use industries including automotive, military & defense, aeronautics and space, consumer electronics, healthcare, consumer electronics,  and others
• In automotive it is applicable in RFID transponder operation, battery protection, airbag initiation, and other components to provide higher comfort and protect the large variety of sensors that can be found in engine management
• The global glass to metal seals market is anticipated to expand at a rapid pace during the forecast period, owing to increased demand for glass to metal seals for use in fuel cell manufacturing, electrical penetration control, veterinary & dental application, airbag initiation, and others

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Key Drivers of Global Glass to metal seals Market

• Automotive electronics provides higher comfort, safety, security for vehicle. Moreover, increasing consumer preference for the technologically advanced vehicle expected to increase demand of the automotive electronics. Consequently, anticipated to increase demand of the glass to metal seals for various automotive components such as  airbag initiator, crash sensor, and others
• Moreover, growing industrialization and urbanization indirectly drive the demand for glass to metal seals. This factor is expected to fuel the global glass to metal seals market during the forecast period.
• Companies operating in the global glass to metal seals market are investing to expand their product portfolios and improve their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to cater to the increasing demand for glass to metal seals in different regions.

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Adoption Glass to Metal Seals for Protecting Highly Sensitive Electronic Components Offer Attractive Opportunities

• The glass to metal seals has various potential advantages from technical and protection standpoints. It is a cost-effective substitute, additionally it offers reliable packaging for sensitive electronics and other components
• Glass to metal seals protect electronic components and can furthermore act as an optical interface. These are completely remain sealed even in harsh conditions such as extreme pressure and temperatures as well as in vicinity of the aggressive chemicals
• Due to the number of advantages offered by the glass to metal seals, these are expected  to increasingly use for various applications, consequently anticipated  boost growth of the global glass to metal seals market during forecast period

Stringent Standards & Regulations to Hamper Market:

• The glass to metal seals has limited usage due to stringent norms for aerospace, military, and medical applications.  The protocol were placed on their usage in private, research, and commercial application
• The glass to metal seals policy and regulations differs between countries for usage in military & defense industry. Therefore, manufactures of need to follow various design constrains, periodic review, renewals, license, approval, certification, and other stringent norms of according to a number of national authority. Moreover, emergency airworthiness directive is expected to delay the manufacturing of UAV propulsion components

Asia Pacific to Hold a Major Share of Global Glass to Metal Seals Market

• Asia Pacific is a leading consumer of glass to metal seals, followed by North America and Europe.  China and India are key markets in the region. In terms of demand, the two countries account for major share of the market for glass to metal seals in the region.
• Increase in the demand for glass to metal seals in consumer electronics, energy & utilities, automotive & transportation, and telecommunication industries in Asia Pacific can be attributed to industrialization, and continued rising purchasing power of consumers in the region.

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