Oxygen Gas Analyzer Market Future Analysis, Trends, Industry Updates and Forecast 2027

 

• The global oxygen gas analyzer market is expected to expand during the forecast period, owing to increasing usage of oxygen gas analyzers for various medical applications such as respiratory care, laser surgery, and treatment of sleep apnea. Additionally, gas outlets are used in centralized areas of surgery centers, hospitals, dental clinics, operating areas, and patient rooms. This is expected to augment the demand for oxygen gas analyzers worldwide during the forecast period.
• Moreover, increasing awareness about air quality control among users and growing practice of home medication are expected to drive the global oxygen gas analyzer market during the forecast period

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Key Drivers and Restraints of Global Oxygen Gas Analyzer Market

• The global demand for oxygen gas analyzers is expected to increase in the near future, owing to rise in the demand from the food & beverages sector. These are expected to be key factors driving the global oxygen gas analyzer market during the forecast period.
• Oxygen gas analyzers help in determining the oxygen ingress in various food packages. With the use of oxygen gas analyzers, reliable results can be obtained in an easy, time-saving manner. These results can help ensure the filling quality and long-term storage stability of products. This factor is expected to fuel the global oxygen gas analyzer market during the forecast period.
• Companies operating in the global oxygen gas analyzer market are investing in the expansion of their product portfolios as well as 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 oxygen gas analyzers across different regions.

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Zirconia Oxygen Gas Analyzers to Witness High Demand

• Based on technology, the global oxygen gas analyzer market can be divided into paramagnetic, non-dispersive infrared, electrochemical, zirconia, and others
• Amon these, zirconia oxygen gas analyzers are anticipated to witness high demand between 2019 and 2027, owing to various advantages offered by zirconia oxygen gas analyzers such as durability, robustness, reliability, and long life span. This trend is anticipated to continue during the forecast period.
• Moreover, advancements in technology and the development of multifunction trace oxygen gas analyzers are expected to drive the global oxygen gas analyzer market from 2019 to 2027

Metals & Chemicals End-use Industry Segment to Witness Promising Growth Potential

• Based on end-use industry, the global oxygen gas analyzer market can be divided into food & beverages, healthcare & pharmaceutical, energy & utilities, consumer goods, metals & chemicals, and others
• The metals & chemicals industry is likely to register significant demand for oxygen gas analyzers during the forecast period, as oxygen gas analyzers are largely used for environment monitoring and efficient control of industrial processes
• Additionally, stringent government regulations regarding environment monitoring are likely to drive the demand for oxygen gas analyzers throughout the forecast period.

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CBD Skin Care Market Data and Statistics Analysis by 2020-2027

 

• CBD (Cannabidiol) is a non-alcoholic extract of the hemp plant. In 2018, the hemp plant was officially recognized as an agricultural crop. Hemp plant is similar to the marijuana plant and both the plants are part of cannabis. However, hemp plants comprise up to 0.3% THC called the psychoactive ingredient. If a CBD plant's THC level is more than 0.3%, then it is classified as a marijuana plant.

Key Drivers of the Global CBD Skin Care Market

• Rise in disposable income over the years is anticipated to boost the demand for CBD skin care, which includes high quality oil, cream, cleanser, and other products. Increase in fashion awareness among the youth in emerging economies is projected to propel the demand for CBD skin care products in tier-II and tier-III metropolises.
• In terms of dealing with increasing inflammatory conditions, CBD is helpful in reducing sebum production clinically, reduces inflammation on a cellular level, reduces redness, and suppresses itch. Moreover, CBD helps in lowering the duration of breakouts and aids the skin’s natural healing process. CBD also helps to bring down pain caused by inflammatory skin conditions. These factors are anticipated to drive the demand for CBD skin care products in the near future.

CBD an Illegal Market in Some Regions – A Major Restraint

• CBD is still an illegal market in several countries and therefore continues to face slow demand growth due to limited regional availability. Moreover, complicated rules and regulatory structures by governments pertaining to the usage of CBD is projected to hinder the global demand for CBD skin care products throughout the forecast years between 2019 and 2027.

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Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global CBD skin care 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 CBD skin care market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the CBD skin care market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America CBD skin care market is segmented into Brazil, and Rest of South America.
• The Asia Pacific market is projected to witness substantial growth during the forecast period. Well known countries specializing in the beauty business such as Korea, Japan, China, and India are expected to offer promising opportunities for the CBD skin care market. However, cannabis is mostly illegal all across Asia. Despite this, Korean and Japanese beauty products are dominating the global skin and personal care market. Hence, the Asia Pacific region is anticipated to observe fastest growth in the CBD skin care market.

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Key Players Operating in the Global Market

Players in the global CBD skin care market are focusing on strengthening their distribution channels in organized retailing to increase sales revenue. Moreover, beauty bloggers and vloggers provide an effective channel to expand consumer reach. Manufacturers provide free samples to these bloggers who post product reviews on their social media channels. Furthermore, manufacturers are collaborating with farmers to source ingredients directly from them. This increases the product’s attractiveness to the consumer. These are some of the important strategies being adopted by key players. A few of the key players operating in the global CBD skin care market are:

• Cannuka, LLC
• CBD for Life
• Earthlybody (CBD Daily)
• Josie Maran Cosmetics
• Kapu Maku LLC.(Populum)
• Kiehl’s
• LEEF Organics
• Lord Jones

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The Effects of the COVID-19 Outbreak On Electricity Meter Market

The demand within the global electricity meter market is rising on account of advancements in infrastructural archetypes. The constructions industry has assimilated a high level of sophistication, and the use of high-end technologies has become a priority for real estate planners. The use of electricity meters is an inherent part of the residential, commercial, and industrial sectors. This factor has played a historic role in the growth of the global electricity meter market. Furthermore, the need for ensuring regular monitoring and management of electricity supply and usage is also a key consideration from the perspective of market growth.

The use of electricity meter in industries and manufacturing units is the most important driver of market demand. The large amount of electricity consumed across power plants and manufacturing units is suggestive of growth within the market. Besides, governments issue several trademarks to give a seal of credibility to the quality of electricity meters.

Use of substandard meters can pose severe risks to life and property, and may result in the occurrence of wild fires. Hence, premium-quality electricity meters are the top-most requirement for residential and commercial buildings. The responsiveness of the masses in studying the electricity consumption patterns has created demand for multi-functionality electricity meters.

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Transparency Market Research (TMR), in a report on the global electricity meter market, looks into the leading drivers of market demand. The global electricity meter market is expected to touch a value of US$ 14 Bn by 2027. The CAGR of the global electricity meter market for the period between 2019 and 2027 is calculated at 6%. On the basis of end-use, the demand for electricity meters in the residential sector is expected to rise. Since people prefer to have their personal electricity meters in apartments, the use of these meters in residential complexes has increased.

Advent of Smart Meters to Drive Market Demand

The use of traditional meters is gradually running out of practice. This owes to the tremendous value served by smart meters and grids. As regional authorities make concerted efforts to develop smart cities in their areas of administration, the deployment of smart grids has become an undelayable requirement. Furthermore, grid operators and utilities are also emphasizing on the need to install smart meters that save electricity, provide a measure of consumption, and make suggestions for optimization.

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Popularity of Solar Technologies

The quest of the industrial sector to minimize energy consumption has led to the deployment renewable energy technologies. Solar meters have emerged as a viable option for industrial units looking to overhaul their functional dynamics. This factor has given a thrust to the growth of the global electricity meter market in recent times. The use of solar meters helps industrial units in earning the image of being an environment-friendly association.

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Automotive Electronic Stability Control System Market by Top Brands, Trends and Demand 2019 to 2027

• The automotive electronic stability control system is a new braking system designed to help control and maintain lateral stability of the vehicle. Electronic stability prevents the vehicle from skidding and subsequently, from a crash. According to Bosch GmbH, every year, 32,000 people die in a traffic crash in the U.S., and the electronic stability control system is highly effective to prevent such accidents.
• Electronic stability control system comprises a wheel speed sensor and electronic control unit. The wheel speed sensor senses the speed of the vehicle and detects a slip occurring between the tire and the road. If the slip occurs between the road and the tire, the electronic stability control system reduces the wheel speed. In 1985, Robert Bosch invented the first electronic stability control system and Mercedes Benz were the first car company to use the electronic stability control system. 

Key Drivers of global Automotive Electronic Stability Control System Market

• Rise in demand for advance safety features including electronic control system and anti-lock braking system in vehicles is anticipated to boost the electronic stability control system market across the globe. According to National Highway Traffic Safety Administration, one-third of road accidents can be prevented by using the safety features including electronic brake force distribution and traction control system in vehicles. From April 2019, the Ministry of Road Transport and Highway in India made the incorporation of anti-lock braking system mandatory in every new vehicle, which in turn is likely to propel the automotive electronic stability control system market in India. 
• Rising road safety awareness among people combined with substantial increase in adoption of advance drive assist systems in the vehicles are projected to boost the automotive electronic stability control system market. According to Robert Bosch GmbH, upto 80% of all skidding accidents can be prevented by using the electronic stability control system. Canada Transport mandates the electronic stability control system in a vehicle that has been manufactured post 2012. This, in turn, is expected to fuel the automotive electronic stability control system market across the globe. 

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Europe and Asia Pacific to hold prominent share of global automotive electronic stability control system market

• Europe is projected to account for a notable share of the global automotive electronic stability control system market due to significant presence of automotive industries and enactment of stringent rules regarding the installation of safety features in vehicles in the region. Rise in demand for advance drive assistance systems in vehicles is estimated to boost the automotive electronic stability control system market in Europe. Europe has presence of major original equipment manufacturers as well as Tier-1 suppliers, such as Robert Bosch, Continental AG, and Delphi Technologies, who are leading companies and have major research and development facilities for safety system. This is estimated to propel the automotive electronic stability control system market in Europe.
• Followed by Europe, Asia Pacific is projected to hold a major share of the global automotive electronic stability control system market due to an increase in vehicle production and sale in the region. Furthermore, high rate of adoption of advance drive assistance system in China, South Korea and Japan is estimated to boost the automotive electronic stability control system market in Asia Pacific. 

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Key Players Operating in Automotive Electronic Stability Control System Market

The global automotive electronic stability control system market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive electronic stability control system market are:

• Continental AG
• Robert Bosch GmbH
• ZF Friedrichshafen AG
• Denso Corporation
• Delphi Technologies
• Valeo Inc.
• Mando Corporation

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Marine Fasteners Market Classification by Suppliers, Consumption, Application and Overview

The marine fasteners market may display good growth statistics across the forecast period of 2019-2028 owing to the rise in the construction of new ships and marine vessels. The properties of marine fasteners such as compressive force and high tensile strength bring enormous growth opportunities for the marine fasteners market. Despite the advent of various modern techniques like soldering, welding, and use of adhesives, mechanical fastening remains the top preference for design engineers primarily due to the tight and secure bond they offer. Therefore, this aspect may invite good growth opportunities for the marine fasteners market.

This upcoming report on the marine fasteners market provides an in-depth analysis of the current market situation. The report covers components like competitive landscape, key players, regional analysis, and ongoing trends. The report also offers thorough research on how the COVID-19 pandemic will impact the market. The segmental study enables an individual to thoroughly understand the different aspects of the marine fasteners market systematically.

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Marine Fasteners Market: Competitive analysis

The manufacturers in the marine fasteners market are concentrating on producing marine fasteners with corrosion-free materials. The presence of numerous players in the marine fasteners market creates an atmosphere of fierce competition across the marine fasteners market. Players in the marine fasteners market are involved in research and development activities that lead to the production of cost-effective and strong reliable marine fasteners. Manufacturers are also focusing on reliable materials databases that assist in producing marine fasteners with the perfect material.

Mergers, acquisitions, joint ventures, collaborations, and partnerships form the foundation for increasing the growth rate of the marine fasteners market. Key players involved in the marine fasteners market are Seastar Solutions, HandiMan Marine, Sea-Dog Corporation, Attwood Marine Products, Fasco Fasteners, Perfect Fit-McDonald Inc., and others.

Marine Fasteners Market: Key Trends

The use of lightweight and durable marine fasteners may gain considerable momentum during the forecast period. Ergonomics form an important component in the construction of any ship or vessel. To improve the ergonomics of a ship, the use of lightweight marine fasteners made from plastic is on the rise. Also, the number of factors influencing the weather dynamics can lead to corrosion of metal marine fasteners. Saltwater is also highly corrosive. To overcome this obstacle, plastic marine fasteners are gathering good attention across the ship building landscape.

Materials like polyvinyl chloride (PVC) are corrosion resistant and are not affected by gasoline, Clorox, and other chemicals, eventually emerging as a winner. Some plastic types like polyimide and Fluoropolymers possess UV-resistant properties, thus proving beneficial for the ships and marine vessels. In addition, they also require less maintenance. All these properties of plastic marine fasteners may help in increasing the growth rate of the marine fasteners market.

The growing preference for fine-threaded marine fasteners over coarse-threaded marine fasteners may also gain traction as fine-threaded marine fasteners are easily tapped into harder materials and enable finer adjustments.

Marine Fasteners Market: Regional Assessment

Geographically, the marine fasteners market can be segmented into North America, the Middle East and Africa, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), and Japan. Asia Pacific may emerge as the largest growth generator for the marine fasteners market across the forecast period. A plethora of factors are responsible for making Asia Pacific a winner over other regions. A major factor is the presence of significant shipbuilding destinations such as China, Japan, and South Korea in the region.  

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Europe may emerge as the fastest growth generating region due to an increase in construction activities of naval ships, cruise ships, luxury yachts, and tugboats across Europe. Other regions may also record a stable growth rate due to the frequent advancements in the marine industry across the globe.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Demand for Marine Fuel Injection Market from Major End-use Sectors to Increase in the Near Future

Owing to a number of factors, marine fuel injection system is witnessing an upward growth curve. Some of these include demand for personal sailboats, and watercrafts, growth in seaborne trade, environmental concerns regarding shipping and expansion of fleet size. Besides, increase in purchasing power is leading to more goods bought and sold on the international front. This is expanding shipping, adding to market growth.

The global marine fuel injection market is set to chart an upward facing growth graph, owing to a stead CAGR (Compound Annual Growth Rate) between 2019 and 2027, helping the market accrue a higher worth by the end of the forecast period.

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Global Marine Fuel Injection Market: Competitive Analysis

The global marine fuel injection market is witnessing numerous developments that are not just significant for players to take note of but also to understand how the market would operate over the coming years. An in-depth dive in can be had in our upcoming report.

The global marine fuel injection devices market is fragmented and prominent players in the market include Cummins Inc., Robert Bosch GmbH, Caterpillar Inc. Delphi Technologies, Yanmar Co. Ltd., Woodward, Inc., Suzuki Motor Corporation, MAN SE, Liebherr International AG, DENSO Corporation, Rolls-Royce Power Systems AG, OMT - Officine Meccaniche Torino SpA, Heinzmann GmbH & Co. KG, and others.

Top tier players are focusing on improving their products to keep an edge over competitors. Thus, one of the areas that has the players hooked in order to maintain a steady hand on the market share is technological advancement.

Mid-size players, on the other hand, are moving playfield to developing economies as they allow for a strategic expansion, considering the regions will see growth in shipping and logistics.

Global Marine Fuel Injection Market: Key Trends and Drivers

Certain factors are shaping the growth curve for global marine fuel injection market. They are paving the way for how market would operate over the coming years. A glimpse is shared below.

• Shipping is one of the most cost effective mode of transportation for almost all goods one can think of. Besides, it is highly efficient. And, as rising disposable incomes create demand for shipping and that makes environmental and regulatory bodies kick into a super active mode, the market for marine fuel injection system is set to grow because with these regulations, fuel efficiency will gain center stage. As per International Maritime Organization it should be so much so as to reduce carbon emission by 10-20% for every ton of fuel used per kilometer. Additionally, to benefit from economies of scale, fleet expansion by many shipping companies is noted.
• Across the globe 90% of overseas trade is done via sea transport- once again owing to its cheap and efficient nature. And, as technological advancement couples with industrialization, sea-borne trade will see an upward swing over the forecast period. Thus, it comes as no surprise that manufacturers are focusing on advanced engine related technologies

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Global Marine Fuel Injection Market: Geographical Analysis

A considerable demand would arise from the Asia Pacific Excluding Japan (APEJ) region. The growth here is attributable to the region being big in terms of shipbuilding. Countries like India, Japan and China are known for shipbuilding. South Korea, in particular will generate massive demand – both in terms of value and volume) over the forecast period. Overall, the region will create lucrative growth opportunities. This will also be attributable to rise in commercial vessel and inland waterways vessel order book. Europe will also chart a notable CAGR. The region will witness significant growth in terms of value.

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Undercarriage Components Market Research Report 2020 CoronaVirus Efect on Industry and Companies

Undercarriage include different systems and components, which are mounted beneath the carriage of heavy machineries, such as track loaders, bulldozers, and crawler dozers. Undercarriage components are caterpillar track chains, track shoes, idlers, drive sprockets, rollers, and carrier rollers. Several small components, such as links, pins, bushings, and frames, are also a part of the undercarriage.

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Rise in agriculture and construction sectors are anticipated to propel the demand for heavy machineries. This, in turn, drives the demand for undercarriage components. Rapid construction of road infrastructure across developing economies has boosted the demand for construction machineries, such as track loaders, bulldozers, and crawler dozers. Increase in incorporation of machineries in the agriculture sector, rise in use of small heavy duty machines in the industrial sector, and surge in construction activities across the globe, drive the global heavy duty machinery market. This, in turn, fuels the demand for undercarriage components. Availability of several machines that are driven on wheels and do not require tracks and undercarriage components is likely to inhibit the demand for undercarriage components.

Undercarriage Components Market - Segmentation

The global undercarriage component market can be segmented based on component, application, machine type, sales channel, and region. In terms of component, the global undercarriage components market can be segregated into seven segments. Rollers and track chains are subjected to higher wear and tear forces; therefore, these require periodic replacements.

Hence, in terms of revenue, these two segments account for large share of the market. Based on application, the global undercarriage components market can be divided into four segments. Governments of several developing nations are focusing on expanding road infrastructure. Heavy machineries are extensively being used across the agriculture sector. Additionally, the construction sector also extensively employs tracked machineries. This, in turn, has increased the demand for undercarriage components.

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In terms of machine type, the global undercarriage components market can be categorized into four segments. Demand for excavators and dozers is high in the construction industry; therefore, these two segments accounted for large share of the market in fiscal year 2017. Ability to handle significant loads, high working speed, and rugged construction fuel the demand for excavators and dozers.

Based on sales channel, the global undercarriage components market can be bifurcated into two segments. Reliability, service, and brand name boost the demand for original equipment manufacturers (OEMs) supplying undercarriage components. Thus, the OEM segment accounted for a large share of the global undercarriage components market.

The global undercarriage components market can be segmented into five regions. Diverse mining industry, vast oil & gas industry, expanding agriculture and construction industries, large defense equipment manufacturing industry, and expanding manufacturing industry have increased the demand for tracked machineries across North America. Therefore, the region accounted for dominant share of the global market. Asia Pacific comprise of developing economies such as India and China. Increase in construction activities and expansion of the industrial sector across these countries is expected to create numerous opportunities for the tracked machineries market. This, in turn, is projected to drive the undercarriage components market.

Undercarriage Components Market - Key Players

Key players operating in the global undercarriage components market include DIGBITS Ltd, thyssenkrupp AG, Komatsu Ltd., L&T Technology Services Limitedl, TOPY INDUSTRIES LIMITED, Continental AG, DBA Group, MST, Verhoeven Group, Titan International, Inc., USCO SpA, International VMT, and Hitachi Construction Machinery Co., Ltd.

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