Wednesday, 12 August 2020

Firewire Cables Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2027

 

  • Firewire cables are largely used to connect devices that have integrated firewire ports. Firewire is an I/O interface standard designed by Apple, Inc. to provide high data transfer speeds.
  • Firewire cables is a part of the quickest serial technology designed for connecting a computer to a peripheral device or for connecting devices with one another by using a particular cable design assembly
  • Various firewire cable design assemblies available in the market are: 4-pin to 4-pin, 4-pin to 6-pin, 4-pin to 9-pin, 6-pin to 6-pin, 9-pin to 9-pin, and 9-pin to 6-pin. These design assemblies are used to connect external hard drives, computer monitors, DVD decoders, and digital camcorders.
  • Furthermore, firewire cables are capable of providing data transfer at a rate as high as that offered by a USB 2.0 cable. This advantage of firewire cables over USB cables also offers a reliable, simple, and economical connection.
  • Firewire cables are also known as IEEE 1394 cable, DV cable, and I. Link cable

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Key Drivers of Global Firewire Cables Market

  • Growing use of consumer electronics devices such as cameras, scanners, laptops, and memory storage devices worldwide is a key factor driving the adoption of firewire cables during the forecast period

Consumer Electronics Segment to Witness Significant Growth

  • Among end-use industries, the global firewire cables market can be segmented into automotive, industrial, consumer electronics, data/communications, and medical devices
  • The consumer electronics segment is expected to witness significant growth during the forecast period, owing to high adoption of firewire cables in multiple applications such as camcorders, scanners, printers, DVD players, set-top boxes, computer monitors, audio video receivers, hard drives, and audio recording devices
  • Owing to the above-mentioned factors, the consumer electronics segment is likely to witness significant growth during the forecast period

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Asia Pacific to Hold a Major Share of Global Firewire Cables Market

  • In terms of region, the global firewire cables market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • The firewire cables market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period. This growth can be attributed to presence of a large number of cable manufacturers and continuously rising demand for consumer electronics devices in the region.
  • The firewire cables market in North America and Europe is likely to witness stagnant growth between 2019 and 2027. The market in Middle East & Africa and South America is estimated to witness sluggish growth during the forecast period.

Key Players Operating in Global Firewire Cables Market

The global firewire cables market was highly fragmented in 2018, with a large number of manufacturers accounting for a major market share. Prominent players operating in the global market are focusing on designing of more advanced products in order to meet the rising demand for firewire cables in the consumer electronics industry. Moreover, manufacturers are increasing their investments in research and development activities for the development of more user-friendly and reliable products with high data transfer capacity.

Key players operating in the global firewire cables market are:

  • Phoenix Contact (I) Pvt. Ltd.
  • CnC Tech, LLC
  • Molex
  • Bulgin
  • Tripp Lite
  • Luxshare Precision Industry Co., Ltd.
  • TE Connectivity Ltd.
  • Cablek industries 

Magnetic Sensors Market Expected to Witness a Sustainable Growth over 2026

The global magnetic sensors market was valued at US$ 2,112.6 Mn in 2017, whereas the demand was estimated at 3,488.0 thousand units in the same year. The market is expected to register a stable CAGR of over 7% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Magnetic Sensors Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Encouragement from the government to use eco-friendly vehicles and growth of consumer electronics and appliances has increased the penetration and growth of the magnetic sensors market globally. The market in North America is expanding at a significant CAGR of 7.3% on the backdrop of growing deployment of autonomous vehicles and presence of large number of market players.

Growth in Consumer Electronics and Appliances to Drive Market Growth

Technological advancements in consumer electronics with proliferation of IoT technology are expected to increase the demand for magnetic field sensors. Demand for advanced sensing has increased significantly over the past few years primarily due to growing popularity of sophisticated smartphones. Various consumer electronics companies across the world are deploying sensing devices with magnetic sensors in order to deliver contactless measurement with enhanced accuracy and reliability. Semiconductor providers from North America are continuously taking efforts to introduce advanced technology sensors that are used in exercise equipment, household appliances, digital cameras, smartphones, toys, and other electronic devices and equipment. Key trends prevalent in the magnetic sensors market are tunnel magneto resistance (TMR) linear magnetic field sensors, ultra-low pressure sensor, miniaturized magnetic sensors, automotive sensors, and RFID magnetic sensors.

Hall Effect Segment to Dominate the Global Magnetic Sensors Market

The technology segment is divided into Hall Effect, anisotropic magneto resistance (AMR), giant magneto resistance (GMR), tunnel magneto resistance (TMR), and others. Hall Effect segment is anticipated to dominate the market as it offers a wide range of benefits, including ease of implementation, variety of output options, a wide range of operating voltage, high reliability, and compact design. This technology offers high output and sensitivity and provides unique sensing capabilities. These factors are expected to boost the growth of the magnetic sensors market. Hall Effect segment is anticipated to expand at the highest CAGR of 7.6% during the forecast period 2018 to 2026. Tunnel Magneto Resistance (TMR) segment is projected to expand at a significant CAGR over the forecast period owing to the broad range of industrial applications.

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Surging demand for magnetic sensors from the automotive sector, driving the market

The application segment is divided into automotive, consumer electronics, industrial and others. Automotive segment is anticipated to dominate the market owing to the growing deployment of autonomous vehicles around the globe. Sensor vendors are emphasizing on providing efficient devices which can serve a wide range of applications. Sensing devices are being increasingly used in the automotive sector to improve vehicles’ fuel efficiency, convenience, and safety. Growing use of electric vehicles (EVs) is escalating the demand for several sensing devices, including magnetic sensors. Automotive segment is anticipated to expand at the highest CAGR of 7.6% during the forecast period 2018 to 2026. Consumer electronics segment is projected to expand at a significant CAGR over the forecast period owing to the growing use of smartphones and consumer wearable devices such as smart watches and health monitoring devices.

Surging demand for smartphones and automobiles and constant growth in automotive industry in the U.S., Germany, China, India, South Africa, and Brazil to create more opportunities in the market

Geographically, the global magnetic sensors market is divided into five major geographical regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, North America was the topmost revenue generating region followed by Asia Pacific. Semiconductor providers from North America are continuously taking efforts to introduce advanced technology sensors that are used in household appliances, digital cameras, smartphones, toys, and other electronic devices and equipment. The U.S. held the highest market share in 2017 in North America and is estimated to expand at a considerable CAGR during the forecast period.

The market in Europe is anticipated to expand at a significant CAGR during the forecast period due to the growing technological advancements in automotive industry. Countries across the European Union are now focusing on adopting hybrid cars that require Hall Effect current sensing in vehicle’s power systems in order to enhance the performance at low costs. The magnetic sensors market in Asia Pacific is further expected to expand at the highest CAGR of 8.7% over the forecast period. Factors such as growing popularity of smartphones and wearable devices and strong presence of major sensor vendors in Asian countries such as China and Japan have impacted the regional market growth positively. Middle East & Africa and South America are expected to expand at a substantial pace due to the growing investments in the consumer electronic industry in the regions.

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Key Players such as Asahi Kasei Corporation, Infineon Technologies AG, TE Connectivity Corporation, and Honeywell International Inc. are likely to continue to lead the global magnetic sensors market

The company profiling of key players in the global magnetic sensors market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global magnetic sensors market includes Infineon Technologies AG, Honeywell International Inc., NXP Semiconductors, Alps Electric Co. Ltd, Analog Devices, Inc., TE Connectivity Corporation, Allegro Microsystems, Inc., Asahi Kasei Corporation, Magnetic Sensors Corporation, and Elmos Semiconductor AG. Various players are establishing partnerships to provide technologically advanced sensing devices on a large scale in order to meet the continuously increasing demand for sensing accuracy and efficiency.

Bridge Cable Sockets Market Competitive Dynamics & Global Outlook 2027

 Massive increase in infrastructural projects and construction volumes across the world is a major growth booster in the global bridge cable sockets market. Transparency Market Research notes that a steady growth curve will be charted over the period 2019 to 2027 – the assessment period of its upcoming market research report. It further notes that the growth would lead to a range of interesting opportunities, which will keep the players hooked.

Global Bridge Cable Sockets Market: Competitive Landscape

Notable developments are marking the landscape of global bridge sockets market. These are an outcome of interplay between various factors – trends, drivers, opportunities, and how various players chose to tap into these. In fact, it is quite pertinent to note here that the fragmented vendor landscape of this market is witnessing top players dabbling with varied growth strategies.

These include mergers and acquisitions, partnerships and collaborations, product improvement, technological advancement – improvement and adoption, and focus on innovation. Therefore, it will not be wrong to say that the range covers a huge spectrum of the organic and inorganic continuum.

It is pertinent to mention the strategic alliance of Bharat Wire Ropes with Bridon Bekaert Ropes Group. The aim behind the same was to strengthen network in Asia Pacific. It is also a classic example of how alliances prove fruitful in order to consolidate market position.

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Top players in the global bridge cable sockets market are:

  • WireCo World Group
  • Esco Corporation
  • Auzac Co. Ltd.
  • CBSI
  • PWB Anchor
  • Ben-Mor
  • Muncy Industries
  • Lexco Cable.

Global Bridge Cable Sockets Market:  Key trends and driver

A slew of new and old trends and drivers are noted in the landscape of global bridge cable sockets market. In its upcoming report, Transparency Market Research provides a deep dive into the growth dynamics of global bridge cable sockets market. A glimpse into the same is delineated below:

  • Number of people in the world is growing and this is set to lead to bridge cable sockets markets. By the year of 2050, the global population would reach the mark of 9.7 billion. This is 2 billion people more than the current population of 7.7 billion people.
  • Popularity and adoption of bridge cable sockets is increasing rapidly and this is set to keep the global bridge cable sockets market. Part of the reason is growing need for repair and rehabilitation of worn bridges.
  • Construction volumes are growing rapidly and this is also set to add to the growth curve which the global bridge cable sockets market is expected to chart over the forecast period. 85% increase in volume is anticipated, out of which 57% will be held by India, China, and the United States of America.

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Global Bridge Cable Sockets Market: Regional Analysis

The Asia Pacific region is on its way to be the fastest growing region in the global bridge cable sockets market. Some of the countries that will witness growth over the forecast period, contributing massively to the regional market, are Philippines, Singapore, Vietnam, Indonesia, Thailand, and Malaysia. One of the most pre-eminent factors behind this would be massive growth in the region. In the year 2018, about 70% of market share was accounted for by bridge cable sockets market. It is pertinent to note here that urbanization is also a growth factor in the regional market for the forecast period.

Tennis Equipment Market Size, Share, Development by 2026

Tennis is a widely popular sport across the globe. A wide range of tennis equipment is available for players as per their age and skill level. Tennis equipment include tennis racquets, balls, equipment bags, apparels, footwear, and other accessories. History of tennis dates back to 11th century, when players in France used to play tennis with their hands. It was called ‘Jeu de Paume’. As the popularity of tennis increased worldwide, importance of tennis equipment increased over the period of time. Prominent manufacturers of tennis equipment include YONEX Co., Ltd., Wilson Sporting Goods, Nike, Inc., and Adidas AG. These companies produce racquets, balls, and strings as well as accessories such as apparels, equipment bags, headbands, wristbands, and shoes.

The tennis equipment market is primarily driven by rise in the popularity of tennis worldwide. Increase in the number of tennis events and promotional events has led to worldwide adoption of this sport. Australia, the U.S, France, Germany, Russia, and Spain are some of the countries wherein tennis is highly popular. Moreover, in the Asia Pacific region, tennis has gained wide popularity.

The Commonwealth Games held in New Delhi (India) in 2008 have contributed to this popularity. Another driver for the tennis equipment market is increasing awareness about tennis as a fitness sport. This has resulted in increase in the popularity of tennis among kids, young millennials, and elderly people. According to the American Medical Society for Sports Medicine, more than 30 million tennis players in the U.S. are benefitted from tennis in terms of aerobic fitness, reduced cholesterol level, and improved bone health.

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Factors such as high requirement for replacement of tennis balls and racquets is likely to help in promoting growth of the tennis equipment market in the near future. On the other hand, certain associations specify the global standards for manufacturing of tennis equipment. For example, the International Tennis Federation (ITF) defines specifications for tennis racquets. As a result, it becomes difficult for local manufacturers to produce tennis racquets as per their choice.

One of the key trends observed in the tennis equipment market is use of information technology for direct promotion or marketing. Promotion of tennis as a fitness sport is another major trend observed in the market. For example, cardio tennis is a high-energy fitness activity that combines the best features of tennis with cardiovascular exercise. It delivers full-body, calorie-burning, aerobic workout. Tennis racquet manufacturers are adopting new technologies such as woofer, bending zone, and aero modular to make tennis racquets more durable and comfortable.

The tennis equipment market can be segmented based on type, distribution channel, and geography. In terms of type, the tennis equipment market has been segmented into tennis racquets, tennis balls, tennis strings, equipment bags, apparels, headbands & wristbands, shoes, and others (sunglasses, caps, hats & visors, etc.). Based on distribution channel, the market can be divided into online channel and offline channel.

The online channel segment can be sub-segmented into direct selling and third-party selling, whereas the offline channel segment can be sub-segmented into supermarket and hypermarket. Geographically, the global tennis equipment market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Some of the prominent players operating in the tennis equipment market are YONEX Co., Ltd. (Japan), Wilson Sporting Goods (the U.S.), Nike, Inc. (the U.S.), Adidas AG (Germany), BABOLAT VS S.A. (France), Solinco Inc. (the U.S.), Amer Sports (Finland), Head N.V. (Netherlands), Dunlop Sports (U.K.), and Technifibre (France). In order to gain a competitive advantage in the market, these players are constantly involved in collaborations, partnerships, agreements, and launch of new products.

Global Oil Condition Monitoring Services Market Data Analysis 2020-2027

Transparency Market Research delivers key insights on the global oil condition monitoring services market. In terms of revenue, the global oil condition monitoring services market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights in its report on the global oil condition monitoring services market.

Oil condition monitoring is a vital element of the predictive maintenance schedule of any equipment. It comprises measurement, monitoring, and analysis of the changes in lubricant and fuel oils for contamination and chemical content, as well as identifying any degradation in oil quality. Oil condition monitoring helps companies identify machine wear before it leads to any serious damage. It also helps reduce unplanned downtime; increases the lifespan of equipment; and safely extends oil change intervals; which is a costly task. Therefore, a large number of industries are opting for oil condition monitoring services in an attempt to minimize the prescheduled replacement of oil and equipment, and extend the operational life of their equipment. This factor is expected to have a positive impact on the global oil condition monitoring market during the forecast period.

Oil condition monitoring services have evolved significantly since their introduction a few years ago. The growing adoption of predictive maintenance among industries has led to significant growth of the global oil condition monitoring services market.

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The global oil condition monitoring services market is witnessing significant advancements and innovations. Due to this, the market is expected to expand at a significant rate during the forecast period. The growing importance of extending the operational life of critical assets is another factor boosting the global oil condition monitoring services market. Oil condition monitoring services are employed in various applications such as engines, turbines, and hydraulic systems.

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lobal Oil Condition Monitoring Services Market: Prominent Regions

North America accounted for a key share of the global oil condition monitoring services market in 2018. The region is expected to continue to dominate the global market between 2019 and 2027, owing to the rising use of oil condition monitoring services among various end-use industries in the region. The U.S. constituted a significant share of the market in North America in 2018. The country witnesses high investments in R&D activities aimed at innovating new technologies. Also, North America is the most technologically-advanced region.

Europe has emerged as the second-largest market for oil condition monitoring services across the world. The region is anticipated to hold a considerable share of the global oil condition monitoring services market during the forecast period, owing to the increasing adoption of oil condition monitoring services in countries of Western Europe and Central Europe. Furthermore, the region is a home to several prominent players providing oil condition monitoring services. The rising adoption of oil condition monitoring services in the energy & utility sector in the region is also expected to augment the adoption of oil condition monitoring services in Europe during the forecast period.

Asia Pacific is anticipated to be a highly lucrative market for oil condition monitoring services throughout the forecast period, owing to the growing popularity of these services in developing economies in the region, such as China. The lucrativeness of the market in Asia Pacific is anticipated to increase in the next few years, owing to rapid industrialization in the region. Furthermore, key players are opening oil quality testing laboratories in the region.

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Global Oil Condition Monitoring Services Market: Key Players

Key players operating in the global oil condition monitoring services market are Exxon Mobil Corporation, Intertek Group plc, SGS SA, Bureau Veritas, and Veritas Petroleum Services.

These and other key players operating in the global oil condition monitoring services market are displaying synergies through close cooperation and collaborations in the areas of sales, marketing, and production. Oil condition monitoring service providers are also expanding through organic methods, such as expanding their existing laboratory facilities, in order to provide breakthrough services to their customers and establish themselves as distinguished players in the global oil condition monitoring services market.

Tuesday, 11 August 2020

Labels Market : Dynamics, Segments, Size and Demand, 2019-2027

Transparency Market Research delivers key insights for the labels market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global market is projected to expand at a CAGR of 5% during the forecast period, owing to technological advancement in retail industries and e-Commerce industries, about which TMR offers detailed insights and forecasts in the labels market report.

The labels market analysis is based on numerous parameters such as product, printing technology, ink type, material, and the consumption in end-use industries in different regions. TMR analyzed that labels are primarily essential for minimizing human errors. Furthermore, it helps to obtain product information within milliseconds. Labels on the product increases the speed of supply chain management. Furthermore, it enhances the manufacturing and packaging process through easy tracking of work-in-progress.

As per TMR analysis, Pressure Sensitive Labels (PSL) is expected to hold 75% of the market share by the end of 2027, owing to high printing quality, good moisture resistance, and less maintenance requirement.

High Consumption Accompanied with Exceptional Growth Opportunities in APAC

Attributing to the rapid expansion of food & beverage industry in Asia Pacific, the labels market is expected to increase with the exponential growth rate during the forecast period. Furthermore, countries such as China, India, and Japan are leading in terms of supermarkets, hypermarkets, and retail sector development, which will propel huge demand for labels in these regions. Following to this, Europe is expected to hold nearly one-fourth market share of the global labels market.

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Innovation and Acquisition - Key Trends in Labels Market

Labelling results in numerous benefits to end users. With increasing demand for design level innovations and data security, manufacturers are more inclined toward product development, such as the inclusion of RFID, QR Code, BARCODE, and several other technologies. For instance:

  • Coveris Holdings S.A. recently launched its new COMPAC multi-layer format of labels, which enhances the capacity of labels to provide further information across twin layers. The new labels also feature three printable surfaces, enabling a plethora of additional information related to promotions, cooking instructions, and recipes, among others, to be printed on the surface of the label.

Furthermore, key players are also focusing on increasing global footprints through mergers, acquisitions, and partnerships. For instance:

  • In 2020, Avery Dennison Corporation acquired Smartac (RFID Inlay) Division for Euro 225 Mn. This acquisition reflects a continuation of the company strategy to invest, both organically and through M&A. 
  • In 2020, the CCL Industries Inc. acquired Reinfelden Americas LLC., Ibertex Etiquetaje Industrial S.L.U. and Eti-Textil Maroc S.a.r.l. AU (“Eti-Textil”), Avery, and Flexpol Sp. Z.o.o. 

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Labels Market: Competition Landscape

The global market for labels is highly competitive, with presence of well-established market participants. Key players operating in the global labels market include CCL Industries Inc, Fuji Seal International, Inc, 3M Company, Multi-Color Corporation, Avery Dennison Corporation, Fort Dearborn Company, Klöckner Pentaplast Europe GmbH & Co KG, Coveries Houldings, Huhtamäki Oyj, Lintec, WS Packaging Group, Inc, Walle Corporation, Resource Label Group, LLC, Hub Labels, Inc., Axiom Label Group, Anchor Printing, Traco Manufacturing, Inc, H. Derksen & Sons Company, and Reflex Labels Ltd, among others. As per Tier Structure, CCL Industries Inc., Fuji Seal International, Inc., 3M Company, Avery Dennison Corporation, and Coveris Holdings are Tier 1 players in the labels market. These companies have been investing million dollars for implementation of advanced technology and geographical expansion in the untapped markets. 

Key Trends and Application Analysis of Automotive Crankcase Ventilation System Market

 

  • The automotive crankcase ventilation system enables the venting of unwanted gases leaked from the combustion chamber through the crankcase seals. The system comprises a crankcase ventilation valve, breather, and a tube that feeds vacuum from the manifold.
  • Automotive crankcase ventilation is a vital system of the vehicle and is a standard equipment fitted by automakers, thereby it holds a large market potential

Key Drivers of Global Automotive Crankcase Ventilation System Market

  • Increase in consumer purchase parity and the demand for mobility among consumers is boosting the demand for vehicles, which is the major driver of the global automotive crankcase ventilation system market. Expansion of the automotive industry in developing regions such as Latin America & Middle East & Africa is projected to drive the global crankcase ventilation system market during the forecast period
  • Increasing stringency in vehicular emission is fueling the development of the crankcase ventilation system with use of baffles, oil separators, and filters to minimize the emission released in the environment. Automakers are being compelled to adopt advanced systems to comply with emission norms, which is projected to boost the development of advanced crankcase ventilation system and in turn boost the market in terms of revenue.

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Challenges to Global Automotive Crankcase Ventilation System Market

  • Increase in trend of battery electric vehicles is estimated to negatively impact the demand for automotive crankcase ventilation system. However, hybrid vehicles use internal combustion engine and still contribute to the demand for automotive crankcase ventilation system.

Passenger Vehicle to Hold Majority Share of Automotive Crankcase Ventilation System Market

  • The passenger vehicle segment is anticipated to hold a dominant share of the global market owing to its higher volume of production

Aftermarket Segment to Gain Market Share

  • System components such as breather and PCV valve often breakdown and are replaced in aftermarket. Rising awareness among consumers pertaining to vehicle maintenance and increased stringency in emission regulations requiring proper working of valves and breather to minimize pollution is anticipated to boost the aftermarket demand for components and drive the automotive crankcase ventilation market.

Asia Pacific to lead Global Automotive Crankcase Ventilation System Market

  • Asia Pacific held a leading share of the global automotive crankcase ventilation system market in 2019 owing to high volume production of vehicles in China, India, Japan, and South Korea
  • Asia Pacific is followed by Europe and North America with the market in Latin America projected to expand at a rapid pace during the forecast period due to expansion of foreign automakers in Mexico and Brazil, which is estimated to boost demand for the automotive crankcase ventilation.

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Key Players Operating in Global Automotive Crankcase Ventilation System Market

The global automotive crankcase ventilation market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive crankcase ventilation market are:

  • Continental AG
  • Cummins Inc.
  • MAHLE GmbH
  • Parker Hannifin Corp.
  • Robert Bosch GmbH
  • Alfdex AB
  • MANN+ HUMMEL International GmbH & Co. KG
  • Metal Textiles Corp.
  • Sogefi

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...