Friday, 4 September 2020

Temperature Detection Screen Market Expected to Witness a Sustainable Growth over 2030

In the current situation because of ravage of COVID-19, the need to contain the spread of coronavirus has led to massive rise in demand for temperature detection screen. Temperature detection screens are now mandatory in medical centers, government organizations, and commercial zones to monitor individuals with above normal temperature.

Temperature detection screen is mainly of two types: portable/handheld and fixed/mounted.

The report analyzes the temperature detection screen market in a comprehensive manner and enumerates the findings in a market intelligence report. The report covers demand dynamics, growth opportunities, and regional outlook of the temperature detection screen market over the 2020 – 2030 forecast period. Furthermore, the report studies the competitive landscape, throwing light on winning growth strategies of key players in the temperature detection screen market.

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Temperature Detection Screen Market: Notable Development and Competitive Landscape

In a recent development, in the rocky times of COVID-19, Athena Security – an Austin-based startup is an example of innovation-under-pressure. At the core, the company focuses on enterprise gun detection camera for spotting weapons, guns, and criminal acts. Soon, the team realized to enhance its existing gun detection system to sustain business in these tough times. The team learned that adding a sensitive thermal imaging camera to its existing gun detection system will provide skin temperature reading, and would allow companies to screen up to 2,000 single-file visitors every hour with potential COVID-19 fevers. Since higher temperature is one of the first symptoms of COVID-19, the camera warns the person of possibility of carrying the virus and take necessary steps for self-quarantine.

At the competitive front, the temperature detection screen market features presence of some well-entrenched players who hold considerable revenue in the market. Nonetheless, the vendor landscape is fragmented marked by the presence of small and large players in the temperature detection screen market.

Prominent players operating in the temperature detection screen market include FLIR Systems, L3 Harris Technologies, Opgal, Thermoteknix Systems, Seek Thermal, Xenics, Leonardo, Axis Communications, OptoTherm, Fluke, 3M, and Infratec.

Temperature Detection Screen Market: Key Trends

Amidst COVID-19, portable/handheld temperature detection screen is witnessing massive demand to contain the virus. In urban areas, government institutions, public places, and even residential communities are equipped with temperature detection screen at the point of entry or exit to check temperature of individuals entering the premises.

However, possibility of false negative and false positive of screening puts question on the reliability of temperature devices. For such reasons, temperature screening can be recommended temperature devices are established to be accurate to screen for COVID-19.

Meanwhile, among a slew of applications, temperature detection screen finds immense use in military operations. Temperature detection screen, especially thermal scanners, find use for day-night observation and thermal target detection in military operations.

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Temperature Detection Screen Market: Regional Outlook

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are the key regions into which the temperature detection screen market is divided in this report. Europe is predicted to maintain its supremacy in the temperature detection screen market over the forecast period. In Europe, the alarming rise in COVID-19 cases, with Italy, Spain, and France at the epicenter of the pandemic in the region has translated into massive demand for temperature detection screens.

North America is another key region in the temperature detection screen market. Amidst COVID-19, strict government regulations to monitor temperature of individuals at public places has led to surge in demand for temperature detection screen in the region.

Asia Pacific is emerging as a key region in the temperature detection screen market. Outbreak of COVID-19 has led to rapid uptake of precautionary measures to contain the virus, including use of temperature detection screen at entry points of business areas, government institutions, and even residential communities in urban areas of the region. 

Medical Imaging Lens Market with Coronavirus (COVID-19) Impact Analysis

Transparency Market Research delivers key insights on the global medical imaging lens market. In terms of revenue, the global market is estimated to expand at a CAGR of ~11% during the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global medical imaging lens market.

Medical imaging lenses are used in various product applications such as fiber scope couplers, endoscope couplers, medical X-ray scanning, and diagnostic camera hand pieces to magnify the object to study, diagnose, or perform operations precisely. Among these product applications, medical imaging lenses are largely used in X-ray scanning for medical imaging to scan any kind of soft or hard tissue and treat patients accurately. In the process of studying and diagnosing, highly skilled and trained medical professionals are required to operate microscopes and obtain clear image. Thus, the demand for medical imaging lens is projected to rise across the globe in the near future with growing trend of making novel microscopes and cameras to perform operations precisely, quickly, and safely.

The global medical imaging lens market has been broadly segmented based on product application, functional application, and end use. Based on product application, the market has been divided into fiber scope couplers, endoscope couplers, medical x-ray scanning, diagnostic camera hand pieces, and others. Based on functional application, the market has been segmented into under pathological imaging, and intra-operative imaging. In terms of end use, the market has been segregated into hospitals & clinics, research laboratories, and pharmaceutical & biotechnology industry. Among product applications, the medical x-ray scanning segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period.

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Medical Imaging Lens Market: Dynamics

Well-established manufacturers of medical imaging lens are focusing on innovative technologies and software to diagnose patients accurately at greater speed. Physicians view the CT or MRI images outside the operating room and try to confirm the exact position of a cancerous site. The use of a needle-guiding system developed by HORL is helpful, as it angles the position of the needle to be inserted into the chest cavity at the accurate position. Additionally, Canon Inc. is creating a prototype of a needle guiding system by developing motors and sensors that can operate in the MRI environment. The ultra-miniature fiber endoscope and needle guiding system is being developed for commercialization by collaborating with Massachusetts General Hospital, and Brigham and Women’s Hospital. Thus, the development of innovative medical equipment for fast and accurate diagnosis is expected to drive the growth rate of the global medical imaging lens market during the forecast period.

Moreover, the demand for medical imaging lens in X-ray microscopes is high across the globe, owing to its ability to produce enlarged images of samples illuminated with X-rays. These lenses are ideal for pathological imaging, and research and development work in laboratories. Additionally, diagnostic cameras are mainly used in hospitals and clinics to investigate tiny and inner organs of the body closely that helps to perform surgical operations with high precision and accuracy. Furthermore, the increasing inclination of patients toward invasive surgeries is a strong factor that is likely to boost the global medical imaging lens market during the forecast period.

In addition to this, medical imaging lens play a vital role in the healthcare sector, as microscopes are increasingly being used in hospitals & clinics and research laboratories to study individual cells or virus cells. With technological advancements, scientists have developed a specialized microscope that can non-invasively diagnose, treat diseases such as skin cancer, as well as perform precision surgery without making any incisions on the skin, thereby resulting in improved performance of microscopes. Thus, several well-established manufacturers of medical imaging lens are focusing on technological advancements of their products to cater to the changing needs of customers.

The use of novel microscopes allows medical professionals to pinpoint the exact location of abnormality, diagnose it, and treat it instantly. The development of technologically advanced microscopes is, thus expected to show significant growth rate during the forecast period, owing to its increasing adoption in hospitals & clinics.

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Medical Imaging Lens Market: Prominent Regions

According to the regional analysis, North America is the dominant region of the global medical imaging lens market. The growth of the market in the region can be attributed to significant manufacturing capability of players operating in the North America market to produce medical imaging lenses for hospitals & clinics and research laboratory use. The U.S. has proved to be the most diversified and dynamic market. A majority of medical imaging lens are used in hospitals & clinics for medical X-ray scanning to scan any kind of soft or hard tissue x-rays and convert them into any digital format such as X-rays to PDF, TIFF, DICOM, and JPEG; this is anticipated to drive the medical imaging lens market in North America over the next few years. The U.S. held a major share of the North America medical imaging lens 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 medical imaging lens to strengthen its healthcare sector. Japan is home to several well-established players that design and offer medical imaging lens. Thus, rising demand for medical imaging lens in hospitals & clinics and in the research laboratory field is anticipated to boost the medical imaging lens market in Asia Pacific during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The medical imaging lens market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Piezoelectric Actuator Market Future Forecast 2020-2030

Transparency Market Research delivers key insights on the global piezoelectric actuator 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 piezoelectric actuator market.

Piezoelectric actuators are transducers that convert electric energy into mechanical displacement or stress on the basis of the piezoelectric effect. Furthermore, these actuators are widely used in high-precision positioning mechanism, as they can control small mechanical displacement at a high speed, due to their large generated force, stable displacement, and ease of use. In addition, piezoelectric actuators come in different shapes and sizes. Various shapes include disks, tubes, plates, benders, and bimorphs. With the introduction of new technologies in automotive and consumer electronics industries, piezoelectric actuators are being evolved. A large number of players, including CTS Corporation, Murata Manufacturing Co. Ltd., PI Ceramics, Cerametec, and Thorlabs, Inc. are developing new multilayer actuators, multilayer chip actuators, bulk stacked actuators, shear actuators, amplified actuators, and benders for use in industries such as consumer electronics, automotive, medical, aerospace & defense, and manufacturing & processing.

Piezoelectric Actuator Market: Dynamics

Significant investments in manufacturing activities in developing economies are expected to provide immense growth opportunities to the global piezoelectric actuator market during the forecast period. India, China, Thailand, and South Africa are emerging as key markets for piezoelectric actuators. These regions are expected to be the focus of industrial actuator manufacturers during the forecast period. Moreover, growth in urbanization is creating high demand for infrastructure development in public and private sectors. This infrastructure comprises power stations, water supply systems, electricity grids, and water treatment plants. Furthermore, rising demand for innovative products with improved performance and reliability is driving the demand for new technologies.

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Use of alternative lead-free elements, extremely thin payloads, and new material technologies of piezoelectric actuators is driving the global piezoelectric actuator market. Improvement in the piezoelectric actuator technology led by advancements in manufacturing techniques enables piezoelectric actuators to operate in harsh environments and extends their service life and efficiency, which is driving the global market.

Additionally, piezoelectric actuators are increasingly being used for medical applications by medical and bioresearch companies, as they are better operating, lower cost, and more efficient. Medical device manufacturers prefer piezoelectric motors and actuators than conventional electromagnetic motors, as they offer substantial inherent advantages. Piezoelectric actuators are used for various medical devices including laser beam steering devices, surgical devices, micro dose dispensers, 3-D scanners, nano-liter and micro-liter pumps, and ultrasonic emitters. They are also employed for material handling, drug delivery, and MRI-compatible robotics.

Piezoelectric Actuator Market: Prominent Regions

Asia Pacific is the dominant region of the global piezoelectric actuator market. Growth of the market in the region can be attributed to the significant manufacturing ability of players in the Asia Pacific market to produce piezoelectric actuators for use in aerospace and defense applications. Additionally, increasing expenditure on aircraft modernization and advancement in technologies associated with fighter aircraft are factors projected to propel the global military aircraft sector during the forecast period. Furthermore, growing concerns about national security have led to strengthening of military aircraft fleet across the globe. With this, the demand for piezoelectric actuators is also rising, as various air force agencies worldwide are incorporating piezoelectric actuators into their fighter aircraft. Owing to the aforementioned advantages, adoption of technologically advanced piezoelectric actuators is rising significantly in the aerospace & defense sector in Asia Pacific.

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Moreover, presence of a significant number of well-established manufacturers of piezoelectric actuators in Asia Pacific is expected to boost the market in the region during the forecast period. Additionally, countries in North America are focusing on the adoption of piezoelectric actuators in order to strengthen manufacturing & processing and automotive industries in the region. The U.S. is home to several well-established players that design and offer piezoelectric actuators. Rising demand for piezoelectric actuators in the manufacturing & processing sector in North America is anticipated to drive the piezoelectric actuator market in the region during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The piezoelectric actuator market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Piezoelectric Actuator Market: Key Players

Key players operating in the global piezoelectric actuator market are APC International Ltd., Cedrat Technologies, CeramTec GmbH, CTS Corporation, TDK Corporation, Johnson Matthey, Kinetic Ceramics, Murata Manufacturing Co. Ltd., Tokin Corporation, NGK Insulators, PCB Motor Ltd., Physik Instrumente (PI) GmbH & Co. KG., Piezomechanik GmbH, Steminc (STEINER & MARTINS, INC.), Thorlabs Inc., Ningbo Best Group Co., Ltd., Hanse-john Electronics Co., Ltd, Piezo Hannas (Wuhan) Tech Co Ltd., and Sinocera Piezotronics, INC.

Thursday, 3 September 2020

High Voltage Electric Heater Market Expected to Witness a Sustainable Growth over 2030

High voltage electric heaters are used worldwide to provide internal heating to vehicle interiors in electrically operated vehicles. It is pertinent to note here that electric vehicles are the future of transportation. The emission of carbon dioxide and other pollutants from automobiles is one of the main concerns of environmental organizations and government agencies. Hence, various governments have planned to phase out gasoline or diesel-fueled vehicles and have set up plans for deployment of electric vehicles. Growing adoption worldwide is due to create new opportunities for players operating in global High Voltage Electric Heaters Market in the near future. In its upcoming marker report, Transparency Market Research notes that a steady growth rate would be charted by global high voltage electric heater market over the forecast period of 2020 to 2030 owing to myriad factors – prominent among which are delineated below.

Global High Voltage Electric Heater Market: Notable Developments

Players in the global high voltage electric heater market adopt various strategies to increase market penetration and to expand reach. These measures are leading to some notable developments in the competitive landscape.

In 2019, BorgWarner and Webasto expanded their production facilities in India and Mexico to capture higher market share. It is pertinent to note here that in 2018, BorgWarner and Eberspaecher started a new facility to cater to the rising demand for electric vehicle products in China. This has largely consolidated the market position of the company.

The fragmented vendor landscape of High Voltage Electric Heaters Market has a number of notable players marking the playfield. Some of the prominent ones are:

  • BorgWarner Inc.
  • Eberspächer Gruppe GmbH & Co. KG
  • Webasto SE
  • Woory Corporation
  • Mahle Gmbh
  • DBK Group (DBK David + Baader GmbH)
  • Tutco Inc.
  • LG Electronics
  • Mitsubishi Heavy Industries Ltd.

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Global High Voltage Electric Heater Market: Key Trends and Drivers

  • 2.2 million plug-in electric light vehicles (PEV) were sold across the globe in the year f 2019. This number is anticipated to grow owing to technological advancement and governments and manufacturers dabbling with setting up and improvement of supporting infrastructure. This is set to drive demand in high voltage electric heater market over the forecast period. 
  • Countries such as Norway, Netherlands, UK, Denmark, France, Canada, Mexico, among others have implemented various incentives to attract consumers to purchase electric vehicles. These have resulted in swift growth of electric vehicles globally. Also, to further accelerate the growth of electric vehicles many countries have planned to ban or phase out the use of IC (Internal Combustion) engine vehicles in the next 10-15 years.

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Global High Voltage Electric Heater Market: Regional Analysis

Asia Pacific is set to record notable growth in the market over the forecast period owing to increasing sales of electric vehicles and higher adoption rates of green technologies in countries, such as South Korea, India, and China.

On the other hand, the European and North American regions will account for significant share of market owing to an increase in adoption of electric vehicles in these regions – led by improving infrastructure and presence of strong players. Beside, stringent emission control regulations are set to contribute to growth in these regional markets. In Europe, it is expected that the Netherlands will climb to the top in electric vehicle markets due to a combination of regulations and incentive changes. 

Motorcycle Market Detailed Analysis of Current Industry Figures With Forecasts Growth by 2027

In the market landscape of motorcycles, moderate yet steady growth will be noted over the forecast period of 2019 to 2027, creating incremental opportunities for players dabbling in the market. Some of the prominent factors driving the global motorcycle market on to a higher market valuation include high disposable income, launch of better and more efficient products on a regular basis, increase in trend of customization, and growing number of motorbike sports takers. It is also quite significant to note here that a large number of females are opting for motorcycle as they realize how efficient it is as a mode of transportation. Growing incomes and in female participation in workforce is supporting this growth further.

Global Motorcycle Market: Competitors Landscape

Competition in the fragmented landscape of global motorcycle market is intense and growing as prominent players introduce new models with the aim of diversifying portfolio and enlarging consumer base. Many diverse growth measures are being deployed by top players in the market. Companies in market that have created a big name for them include the following:

  • Harley-Davidson
  • Honda Motor Co., Ltd.
  • Kawasaki Heavy Industries, Ltd.
  • Polaris Industries, Inc.
  • Yamaha Motor Co., Ltd.
  • Suzuki Motor Corporation
  • KTM AG
  • BMW AG
  • Triumph
  • Ducati

A number of players are focusing upon improvement in engines in order to gain popularity among bikers and increase market share. Additionally, it is pertinent to note here that just like engine performance, fuel efficiency hold a prominent place in the market. Therefore players are directing efforts towards its improvement. Others strategies include expansion measures such as collaborations and new product launches.

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Global Motorcycle Market:  Key Trends and Drivers

A string of growth factors is being noted in the motorcycle market. Transparency Market Research ahs explained these in great detail in its upcoming report on global motorcycle market. A glimpse of positive trends and drivers, contributing massively to growth in the market can be had below:

  • More and more women are opting for motorcycles as mode of transportation. The reason is efficiency in using these. Besides, as more women enter workforce and see growth in income, they are ready to shell out more money for good products. Additionally, a growing number of women are seeing participating in motorsports. This will help the market grow by a substantial value.
  • New product launches and technological advancement are other important growth factors in the global motorcycle market over the forecast period. As these become better, demand for motorcycles increase gradually. Additionally, customization is witnessing massive uptake and this is leading to notable growth in the global motorcycle market over the forecast period.

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Global Motorcycle Market:  Regional Analysis

North American region would be a prominent market in the global motorcycle market owing to active players opting for aggressive growth strategies in the market. Besides, customers in this region have high disposable incomes to invest in premium products. Customization is also a significant factor, driving the market on to a high growth trajectory. It is quite pertinent to note here that the United States of America will be a prominent contributor to growth in regional motorcycle market over the stated forecast period. Also, as disposable incomes grow in the Asia Pacific region, new opportunities will emerge and present themselves in the market. Proactive players will direct efforts towards tapping into these to enlarge customer base.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Shared Mobility Market Rising Trends, Analysis With Top Key Players 2029-2026

The global demand for shared mobility services is increasing at a sturdy pace. Presence of a robust transport industry has helped in introducing new services within shared mobility. Furthermore, investments in the transport industry have further impelled the growth of the global market. The next decade would play a crucial role in the growth of the global shared mobility market, majorly due to the approval of several public transport projects across key regions. Benefits of shared mobility cut through key factors such as cost, energy efficiency, and traffic management. Therefore, the total volume of revenues within the global shared mobility market is expected to grow.

Transparency Market Research (TMR), in its report, predicts the global shared mobility market to grow at a sound CAGR of 8% over the period between 2018 and 2026. Furthermore, the total volume of revenues within the global shared mobility market is projected to cross US$ 608 Bn by the end of 2026. Based on the type of service, vehicle rental or leasing has emerged as a viable option for several population groups.

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Benefits of Carsharing

A large population of people prefers carsharing over other modes of transport. This trend is gathering momentum in cosmopolitan cities, and could act as a launch pad for market growth. Therefore, the global shared mobility market is projected to tread along a lucrative growth track in the years to follow. Trend of carsharing and bike-sharing has gained greater prominence with the inception of cab-boking apps such as Ola and Uber. The option of taking shared rides on these apps has helped in popularising shared mobility services. Furthermore, investments public transport lines, including trams and metros, has also played a key role in market growth.

Growing Trend of Ride-Sharing amongst University Students

The trend of ride-sharing on bikes is common amongst college students and youngsters. Several universities provide easy options for students to book shared cars for their daily commute. This trend, coupled with the rising demand for better traffic management, has brought shared mobility services under the spotlight of attention.

The unprecedented increase in the fleet of on-demand ride services has also emerged as a prominent driver of market demand. A number of experts in the automobile industry consider shared mobility services as a contributor to sluggish sales in the automobile market. However, this assertion has not affected the growth dynamics of the shared mobility market.

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The energy sector is keen on popularising shared mobility services. Use of shared rides, in conjunction with the availability of public transport, shall help in reducing fuel usage. This shall in turn improve the air quality, and help in protecting the environment. Some of the notable players operating in the global shared mobility market are ANI Technologies Pvt. Ltd., Uber Technologies Inc., Cabify, Grab, Lyft, Inc., and Careem.

A Key Driver of Air Sports Equipment Market

 

  • Air sports equipment are used during paragliding, parachuting, zip lining, wingsuiting, and other sports activities.
  • Paragliding is the most popular air sport. Different types of equipment such as flight gear, skywalk, variometer, harness, and flymaster are required for this activity.

Key Drivers of the Global Air Sports Equipment Market

  • Increasing number of participants for outdoor recreational activities is expected to drive the sales of air sports equipment. Increasing hectic lifestyle among millennial and generation X is driving them to opt for air sports.

  • According to the ‘Outdoor Participation Report,’ around 48.8% of the U.S. population has participated in an outdoor activity in 2016. Millennial population are also adopting air sports activities to improve mental as well as physical health. Furthermore, parachuting is observed as a safer air sport which is boosting the demand for parachuting equipment. As per a report of “United States Parachute Association (USPA),” fatality rate was 0.0039 per 1,000 jumps in 2018. The low fatality ratio is popularizing this adventure sports activity which is expected to boost the market growth in the coming years.

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Growing Consumer Participation in Air Sports Events to Create Attractive Opportunities

  • Government organizations of different countries are boosting the spending on skydiving to cater to the growing demand for air sports. In May 2016, Skydive Qatar increased its operational time to six days a week which was previously four days a week. Growing consumer interest toward air sports is expected to create new avenues for the air sports equipment market

Unsuitable Weather Conditions to Hamper the Market

  • Climatic conditions are the most important factor for any air sports. Air sports equipment are inclined to malfunction during poor weather conditions, which may result in fatalities as it is challenging to manage such equipment in stormy weather. This factor is likely to hamper the air sports equipment market during the forecast years.

Europe to Hold a Major Share of the Global Air Sports Equipment Market

  • Europe holds majority share in the air sports equipment market due to presence of many mountains and hills across the region. The region has a strong penetration rate of air sports which is likely to drive the air sports equipment market in the coming years.
  • Several air sports games and activities are organized by prominent European countries such as Ukraine, Switzerland, U.K., Spain, Italy, France, and Hungary. This is expected to drive the growth of the air sports equipment market in Europe during the forecast period.
  • Asia Pacific is expected to be the fastest growing market as a result of rising middle class population and increasing disposable income. Consumers are increasingly spending on adventure activities including air sports which is anticipated to boost demand in the near future.

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Key Players Operating in the Global Market

Globally, the market is moderately fragmented owing to the presence of few global and several domestic players. Major players are adopting various strategies such as partnerships and mergers to enhance their position in the market. A few of the key players operating in the global air sports equipment market are:

  • Advanced Aerospace Designs
  • Aerodyne Research, LLC
  • Baskin Air Concept
  • Bevs Suits
  • BIRDMAN International Ltd
  • Bonehead Composites
  • Bungee Consultants International

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 ...