Ballast Water Treatment Systems (BWTS) Market with Coronavirus (COVID-19) Impact Analysis

Transparency Market Research delivers key insights on the global ballast water treatment systems market. In terms of revenue, the ballast water treatment systems market is estimated to expand at a CAGR of ~10% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the ballast water treatment systems market report.

In this market report, TMR predicts that increase in sea trade worldwide is one of the major factors driving the growth of the ballast water treatment systems market, as 90% of global trade is carried out through the sea route. Marine transport is a crucial part of economic growth. This transport option is more cost effective and convenient compared to other forms of transportation. Rising industrialization and liberalization of several economies have encouraged free trade across the world. This has prompted the demand for container vessels and cargo ships. Demand for ballast water treatment systems is anticipated to grow during the forecast period with increasing demand for such vessels.

Additionally, ballast water also results in serious ecological issues, due to the multitude of marine species carried in ballast water of ships. Ballast water includes bacteria, microbes, eggs, small invertebrates, as well as cysts and larvae of various species, which once released into a new environment survive and reproduce and become invasive species. Many a times, such species become dominant and result in the extinction of the native ones. All these factors result in the growth of the ballast water treatment systems market.

However, presence of multiple regulations coupled with lack of standardized regulations are some of the challenges hindering the growth of the ballast water treatment systems market. Different countries have different legislative requirements for ballast water treatment management. For instance, the U.S. has its own set of regulations mandated by the U.S. Coast Guard (USCG). Under such circumstances, it becomes difficult for ships from different countries to operate in U.S. waters. Hence, lack of implementation of standardized regulations is restraining the growth of the ballast water treatment systems market.

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However, ratification of guidelines as per the IMO Convention by several Asia Pacific countries is anticipated to be a key business opportunity for the ballast water treatment systems market. Asia Pacific dominates in terms of sea trade. According to UNCTAD statistics, sea trade of the Asia Pacific region accounts for roughly 64% share of the developing economies. With increasing trade, ratification of guidelines by countries, such as China and several other Southeast Asian countries, is anticipated to boost the ballast water treatment systems market for the next couple of years.

In terms of treatment type, chemical treatment segment dominated the ballast water treatment systems market in 2018. However, physical treatments are anticipated to grow during the forecast period. Physical treatments, such as UV irradiation is becoming popular among ship manufacturers, due to its efficiency and it is harmless to the marine environment.

In terms of tank capacity, the 1500 – 5000m3 segment dominated the market and is further anticipated to grow during the forecast period. Increasing demand for consumer goods, and economic factors such as trade taxes and freight charges have resulted in demand for large capacity container vessels that can ferry maximum containers at one go. Demand for ballast water treatment systems having large tank capacity is anticipated to increase in the near future, due to rising demand for large container vessels.

In terms of application, stationary ballast water treatment systems are a preferred option for ballast water treatment worldwide. Such systems are permanently utilized inside vessels to treat ballast water during long voyages.

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Ballast Water Treatment Systems Market: Prominent Regions

North America and Europe dominated the ballast water treatment systems market in 2018 and are further anticipated to dominate the market over the next couple of years. Increasing awareness about the harmful impact of ballast water on the marine environment has resulted in the dominance of these regions. Additionally, sea trade is prominent in these regions, leading to the dominance of the ballast water treatment systems market.

Ballast Water Treatment Systems Market: Key Players

Key players operating in the global ballast water treatment systems market include Wärtsilä Corporation, Damen Shipyards Group, Alfa Laval, atg Evoqua (Evoqua Water Technologies), GenSys GmbH, Evac, Coldharbour Marine Ltd., Ecochlor, GEA Group Aktiengesellschaft, ERMA FIRST ESK Engineering S.A., Ferrate Treatment Technologies, LLC, Veolia Water Technologies, Hitachi, Auramarine Ltd., and Bawat a/s.

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Bathtub Cleaner Market Share and Manufacture Development Analysis by 2020-2030

 

• Bathtub cleaner is a cleaning product used to clean or wash bathtubs. Bathtub cleaners are most commonly used in residences, hotels, resorts, spa centers, hydrotherapy treatment clinics etc. Bathtub cleaners are available in liquid and powder form. Companies are producing a wide range of synthetic and natural bathtub cleaners. Recent years have seen a rise in demand for bathtub cleaners made from natural ingredients which are not produced from toxic chemicals and synthetic dyes and other harmful ingredients. Such products are also gentle on the skin and can be used without gloves and masks. End-users are seeking bathtub cleaners which are economical, versatile, and safe while using them.

Increase in usage of bathtub cleaners in luxury hotels, resorts, and spa centers projected to drive the market

• Rapid increase in usage of bathtub cleaners in luxury hotels, resorts, villas, spa centers, and hydrotherapy centers, and increasing awareness about basic hygiene and cleanliness and its positive impact on the hospitality industry are some of the prominent factors which are likely to drive the bathtub cleaners market in the near future.   
• The rising number of hotels, resorts, and spa centers in developing countries across the globe is projected to create huge opportunities for manufacturers and distributors of bathtub cleaners during the forecasted timeline.

Rise in sale of cleaning products such as bathtub cleaners on e-commerce and company-owned websites

• Rapid rise in sale of bathtub cleaners through online modes of distribution is projected to offer significant opportunities to manufacturers and distributors of bathtub cleaners across the globe. Producers and distributors of bathtub cleaners sell their products on their company website and through various e-commerce portals. Companies are also spreading awareness about the benefits of hygiene and cleaning products to expand sale of their products in different geographies.

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North America Considered to be the Largest Market for Bathtub Cleaners

• Geographically, the global bathtub cleaner market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
• North America accounted for major share of the global bathtub cleaner market in the year 2019. The market in North America is anticipated to expand at a moderate growth rate during the forecasted timeline due to rising emphasis on hygiene and thus on cleaning products, which is projected to increase the sales of bathtub cleaners in the near future.
• The market in Asia Pacific is anticipated to expand at a significant growth rate during the forecast period due to rising awareness about cleaning products, and rise in sale of cleaning products on e-commerce websites in China, India, Japan, and other countries. These factors are expected to impact the demand for bathtub cleaners in the Asia Pacific region.

Key Players Operating in the Bathtub Cleaner Market

Prominent bathtub cleaner manufacturing companies are projected to face healthy competition during the forecast period. Brands such as Rejuvenate, Mr. Meyers, Bio-Clean Products, Puracy, and CLR Pro are making bathtub cleaners with natural ingredients and planning to expand and launch new and innovative bathtub cleaners in the market.

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Brands are also undertaking mergers & acquisitions or signing agreements with local suppliers and dealers to expand their business in different parts of the world. Some of the key players operating in the global bathtub cleaners market include:

• For Life Products, LLC (Rejuvenate)
• The Caldrea Company (Mr. Meyers)
• Credgepro, LLC
• The Bucko
• SerVaas Laboratories Inc.
• Bio-Clean Products
• Puracy

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Door Controller Systems Market Revenue, Gross Margin and Share

In this technological advanced world, where work places and residential set ups all are changing drastically and adopting newer technologies, a significant growth is also seen in the door controller systems market. Mostly now all the commercial and residential building has high-tech set up and is constantly under CCTV surveillance, with such facilities the demand for door controller systems has also grown.  Moreover, in order to provide better security services and to keep a check on every entry and exist, door controller systems play a crucial role. Additionally, manufacturers provide door controller systems that use network infrastructure that helps in proper communication and transfer of information.

To unveil various growth prospects in the global door controller systems market, Transparency Market Research is coming up with its fresh report. In this report, all the major pointers adding up in the growth of this market are covered and explained with some recent examples.  Strengthens, drivers, opportunities, and threat are carefully analyzed in the report, which helps in drawing out a complete outline about the about the market and the way it can grow in the near future. Insights given in this report are projected to assist the stakeholders operating in the global door controller systems market. It helps them in taking decision that will increase their profits and expand their growth avenue in the near future.

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Global Door Controller Systems Market: Notable Developments

Producers are coming up with door controller systems that associate with the cloud framework and gives unified access security. Additionally, a few makers are incorporating alarm systems with cutting edge remote door controlling features. Such updates are upgrading the allure of door controller system producers in the global door controller system market.

Producers that are offering centralized sole solutions are likely to attract large number of customers. For example, Kisi sells whole door controller system on the organization's site. This helps in providing secure equipment, programming, and establishment coordination administrations from a single source. Such factors increase the appeal of the door controller system maker, in this way driving the development in the global door controller system market.  

Global Door Controller Systems Market: Drivers and Restraints

Globally, increasing use of advance technologies and growing need for better security and safety options are considered crucial factors driving demand in the global door controller systems market. Moreover, growing need for advanced hazards detection such as fire and gas leaks that will help in ensuring the safety of people staying at home. Significant rise in smart homes will also lead the demand for in the global door controller systems market.

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Global Door Controller Systems Market: Regional Outlook

Geographically, demand for door controller systems is growing significantly in Asia Pacific. Increasing use of advanced technologies and significant rise in providing better security solutions has made this region a leading market for door controller systems. Moreover, innovative and high-tech robberies are few there major reason for the growth of door controller systems market in this region.

Besides, Asia Pacific, North America is also projected to contribute in the growth of the global door controller systems market in the coming years. Growing popularity of door controller systems for residential security and safety, and strong presence of manufacturers offering efficient and smart door controller systems are the reasons behind the growth of this market in North America. Moreover, growth of this market is also expected to be high in Latin America and the MEA region as well during the projected tenure.

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Global Professional Survey Report Analysis for Rugs Market (2020-2027)

The rugs market is expected to reach value of ~US$ 30 Bn by 2027. The global rugs market was valued at US$ 18.6 Bn in 2018 and is expected to expand at a CAGR of 5.5% from 2019 to 2027. The market is expanding significantly in terms of value. North America is the largest rugs market and expected to maintain its dominance over the forecast period 2019 to 2027. Transforming living standards of the masses coupled with rise in number of people opting for separate living has resulted in propulsion of the rugs market. Retailers such as IKEA, H&M Home, and Home Depot are pioneers in this field and are known for their huge stores with customer centric products. These retailers have their sourcing and design offices in Asian countries for faster development of products. Such innovative approaches can boost the market growth in the coming years.

 Key Challenges

The global usage of rugs is expected to see continuous growth; however, this creates a significant challenge to the environment. Strict government regulations in developed countries related to environment-friendly production processes is expected to be a challenge for small scale manufacturers.

Rugs Market: Segmentation

Based on type, the tufted segment accounted for leading share of the global rugs market in 2018. In terms of application, the US$ 101 to US$ 300 segment accounted for major share of the global rugs market in 2018. In terms of material, the wool segment is expected to remain popular in the global rugs market. This is due to increasing awareness and usage of natural fibers made of plant and animal based sources, which is leading to demand for rugs made of natural material. In terms of application, the residential segment is expected to maintain its dominance. On the basis of shape, rectangular shape segment holds more than 80 percent share in the global market. Asia Pacific is projected to be the fastest growing region in the global rugs market during the forecast period.

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Manufacturers in the rugs market are generating incremental opportunities by experimenting with different materials such as cashmere, mohair, silk, leather, etc. For instance, SHIIR Rugs— a provider of artisanal rugs designed by leading interior designers, is increasing efforts to travel countries in order to explore ancient-rug making techniques using wool, silk, and leather materials. Manufacturers are collaborating with true cottage industries to ethically and responsibly manufacture rugs with a shared motive for creative exploration. Time-honored techniques are improving the lead time by onboarding laborers from developing economies of Asia Pacific.

Moreover, enhanced durability and clean-ability of rugs are becoming key focus points for manufacturers during their decision-making processes. Hence, manufacturers are extending personalized services in the rugs market to help users with the best material selection according to the foot traffic. On the other hand, customization is playing a pivotal role to meet specific budget parameters of end users.

Rugs Market: Overview

• Rugs are a textile floor covering typically consisting of an upper layer of pile attached to a backing. It is available in the market in different shapes and colors.
• Asia Pacific is likely to be the fastest growing region in the global rugs market during the forecast period. Over the past few years, economic growth of this region is driving companies to invest in the home decor sector of developing countries, including China and India, which is expected to work as a market favorable factor.
• North America is the largest market in the global rugs industry, accounting for 5.1% of the total revenue. Europe was the second largest market in 2018, generating around 5.4% of the total rugs revenue globally.

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Rugs: Market Trends

• Various brands have recognized the potential of rugs, along with other home textile products. This is influencing manufacturers to invest extensively in promoting and expanding their reach to an increasing number of users.
• Retailers such as IKEA, H&M Home, and Home Depot are pioneers in this field and are known for their huge stores with customer centric products. These retailers have their sourcing and design offices in Asian countries for faster development of products. Such innovative approaches can boost the market growth in the coming years.
• Manufacturers targeting their end users through unique collections from their company outlets also seem to generate demand for rugs from end users of the residential and commercial sector.

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Global Professional Research Report Analysis on Pure Cashmere Scarf Market (2020-2030)

 

• Cashmere wool comes from Pashmina goats and cashmere goats which are bred for their soft undercoat. Cashmere producing goats have a two-layered coat; the fabric is created from the fine undercoat which has soft and thin hair. Cashmere scarf and other products derive its unique characteristics due to this undercoat.
• Demand for cashmere scarves has seen an upward trend since the past few years due to its increasing popularity. The pure cashmere fiber which earlier was popular only in Asia now has an established market in Europe and the Americas. This coupled with increasing disposable income and trend of owning the unique fabric is expected to drive the global pure cashmere scarf market during the forecast period.

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Key Drivers and Opportunities of the Global Pure Cashmere Scarf Market

• Demand for pure cashmere scarves is high due to its very soft, velvety property and because pure cashmere production is limited as compared to other wool types. The cashmere scarf is lightweight and much warmer compared to other scarves. The growing fashion industry and the rising use of casual, affordable garments – particularly in athleisure is anticipated to drive the global pure cashmere scarf market.
• The growing Chinese market is pushing the demand for raw sources of cashmere. The increasing demand and limited supply has resulted in vast expansion of herds. Demand for cashmere scarves is increasing due to high street retailers making cashmere scarves more casual and affordable.
• Manufacturers are looking for sustainable ways to produce the fabric in order to reduce the global carbon footprint. Similarly, in order to lessen the pressure on cashmere fabrication, designers are seeking alternative fabric such as merino wool, and litrax natural bamboo which may hamper the cashmere scarf market.

Europe to Hold Major Share of the Global Pure Cashmere Scarf Market

• Geographically, the global pure cashmere scarf market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Europe is expected to dominate the global pure cashmere scarf market with Italy and the U.K being the most prominent regions. Europe is likely to be followed by the markets in North America and Asia Pacific.

• Asia Pacific is the leading exporter of pure cashmere scarves while China is the major player followed by Mongolia in the Asia Pacific region.  

Key Players Operating in the Global Cashmere Scarf Market

Major players operating in the global pure cashmere scarf market include:

• Blue Sky Cashmere LLC
• Cashmere Holding Company
• Dongrong Group
• ERDOS Cashmere Group
• Gobi Corporation
• GOYO Cashmere

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Gas Sensors Market Dynamics, Trends, Segmentation, Key Players, Application and Forecast

 The gas sensor market is ready to expand its horizon of growth rate during the forecast period from 2019-2028. Gas sensors identify the harmful gas present in the environment and alert individuals by raising alarm sounds. Gas sensors identify a variety of gases such as toxic gases, combustible gases, and flammable gases. It is used by a plethora of industries such as chemicals, metals, power stations, food and beverage, and transportation.

Growing demand for electronic device miniaturization is driving the growth of the gas sensors market. Health and safety regulations across the globe, an increase in critical industry demand, rising air pollution levels, and the urgency for air quality monitoring in big cities are also some important factors that may accelerate the growth rate of the gas sensors market.

This upcoming report on the gas sensors 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 segmental study enables an individual to thoroughly understand the gas sensors market

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Gas Sensors Market: Competitive Landscape and Notable Developments

Manufacturers in the gas sensors market are constantly involved in developing innovative strategies to make their products more beneficial. Some instances are introducing sensors related to specific types of consumer electronics, healthcare industries, and the automotive sector. The key players in the gas sensors market are making inroads through enhancing their research and development capabilities to a great extent. Key players in the gas sensor market are Teledyne Technologies Inc., Figar Engineering Inc., Siemens, Honeywell International Inc., and Yokogawa Electric Corporation.

• Recently, Firago Engineering Inc. launched the TGS8101 IAQ digital sensor. The novel gas sensor comprises a metal oxide compound placed on a micro hot plate. This enables the gas sensor to detect alcohol gas and VOC.
• A Switzerland based company; Sensirion developed SCD40, a miniaturized CO2 sensor measuring just one cubic centimeter.
• Gas sensors are even leaving their mark in the space application sector. RLS, a company associated with Renishaw introduced a miniature encoder sensor for pace applications.

Gas Sensors Market: Key growth drivers

A rise in the demand for smart sensing technologies for detecting hazardous gases is accelerating the growth rate of the gas sensors market. Other technologies like infrared technology may also record gains for the gas sensor market. Infrared technology in the gas sensors market has considerable benefits such as longer product life in comparison to the sensing objects and enhanced efficiency for hydrocarbon gas detection. Wireless gas sensors may also experience a spur during the forecast period. This is because of low-cost installation and saves space as compared to wired sensors. Innovative wireless solutions are being developed for efficient gas monitoring. Therefore, increasing investments in technological advancements of gas sensors may enable the gas sensors market to grow at a steady pace.

Gas Sensors Market: Regional analysis

The Asia Pacific region is expected to gain traction during the forecast period. This can be attributed to a plethora of factors such as awareness about environment conservation and stringent government regulations in the region. Furthermore, countries in these regions are launching action plans to curb air pollution. North America is also expected to witness steady growth. This is because the U.S.A is observing large scale gas sensors demand from the petrochemical industry. Europe may also see a good growth rate due to the imposition of strict regulations in terms of pollution.

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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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Marine Electronics Market will generate new Growth Opportunities by 2026

Global positioning system (GPS) systems combine numerous devices that provide exact information that helps the ships for rescuing people during emergencies. Seaborne vessels are using these GPS systems for their authentic and effective working. This system helps them to decide to choose the route. By using GPS technology, vessel-tracking systems for identifying the marine and naval vessels and tracking or monitoring the ships location. These systems serve and help in the transmission and receiving points with the help of very high frequency (VHF) radio channels.

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The marine electronics market report represents the current scenario coupled with future growth and opportunities present in the global market. One of the important part of the marine electronics market report is competitive landscape, which offers details of key players operating in the marine electronics market such as company history, SWOT analysis, annual turnover, mergers new product launches, acquisitions (M&A) activities, and recent research and development (R&D).

Global Marine Electronics Market: Drivers and Restraints

Search and rescue squads use sonar systems for tracing bodies from crash or accidental sites. Growing adoption of sonar systems for search and rescue operations are driving contributing towards the growth of the marine electronics market. Additionally, these electronics offer convince and works effectively, which are supporting its adoption and driving growth of the global marine electronics market.

Growing usage of water or air ways for travelling or goods transport is leading to increased risk of accidents, which in turn is propelling adoption of the marine electronics market. Additionally, growing uptake of anti-submarine warfare (ASW) systems and unmanned underwater vehicle (UUVs) coupled with increased focus on improving marine transportation safety is boosting adoption of the marine electronics and likely propel growth of the global marine electronics market. 

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Moreover, rising need for securing the marine routes and improving safety of coastal areas is expected to contribute to the demand for the marine electronics. This factor is expected to provide a support to the growth of the global marine electronics market.

Global Marine Electronics Market: Geographical Analysis

On the basis of region, the marine electronics market could be segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Of these regions, North America is expected to expand with faster growth rate over the forecast period. This growth is attributable to the factors such as rapid economic developments, digitalization, and increased and early adoption of advanced marine technologies.

Global Marine Electronics Market: Companies Mentioned

Some of the key players operating in the marine electronics market are ATLAS ELEKTRONIK, FLIR Systems, FURUNO ELECTRIC, Garmin, Johnson Outdoors, Kongsberg Maritime, Kraken Sonar, Navico, Neptune Sonar, Northrop Grumman, Raytheon, R2Sonic, Sound Metrics, Thales Group, and Ultra Electronics.

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