Smoking Cessation and Nicotine De-Addiction Market: Consumption, Sales, Production, and Other Forecasts 2020-2026

According to a new market report published by Transparency Market Research titled ‘Smoking Cessation and Nicotine De-Addiction Market [(Products (with Nicotine) -  (OTC Products and Prescription Products); (OTC Products - E-cigarettes, Nicotine Gums (NRT), Nicotine Patches (NRT), Nicotine Lozenges (NRT) and Nicotine Tablets (NRT)); (Prescription Products - Nicotine Sprays (NRT) and Nicotine Inhalers (NRT))]; [Products (without Nicotine) – (Prescription Products -  Zyban and  Chantix)] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global smoking cessation and nicotine de-addiction market is expected to reach US$ 13,657.6 Mn by 2026, expanding at a CAGR of 4.5% from 2018 to 2026. The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. 

The North America smoking cessation and nicotine de-addiction market is the largest in the world. In North America, nicotine containing smoking cessation products hold a major market share. In North America, OTC smoking cessation and nicotine de-addiction products hold a significant share of the market compared to nicotine containing prescription smoking cessation products.

E-cigarette is the most dominant type of nicotine containing OTC smoking cessation product in North America. The U.S. is the largest smoking cessation and nicotine de-addiction market in North America and the world. Canada is the second largest smoking cessation market in North America. The smoking cessation and nicotine de-addiction market in Europe is the second largest in the world. 

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In the Europe smoking cessation and nicotine de-addiction market, nicotine containing OTC products hold a prominent share compared to nicotine containing prescription products. Nicotine containing OTC products such as e-cigarettes, nicotine gum, nicotine transdermal patches, nicotine lozenges, and nicotine tablets are most popular among European consumers. The number of e-cigarette consumers is increasing in major European countries. EU e-cigarette regulations apply to EU countries and are not applicable in the U.K. after Brexit. The U.K. is the second largest smoking cessation and nicotine de-addiction market in the world after the U.S. and the largest market in Europe. France and Germany are the second and third largest smoking cessation markets in Europe. 

The Asia Pacific smoking cessation and nicotine de-addiction market is the third largest market in the world. In the Asia Pacific smoking cessation and nicotine de-addiction market, nicotine containing OTC products hold a dominant share compared to nicotine containing prescription products. Nicotine containing OTC products such as e-cigarettes, nicotine gum, nicotine transdermal patches, nicotine lozenges, and nicotine tablets are increasing their penetration in the Asia Pacific region. China is the largest smoking cessation and nicotine de-addiction market in Asia Pacific. Japan and India are the second and third largest smoking cessation markets in the region. 

In MEA, it is estimated that 180 million men are expected to be smokers by 2025 which is 2X the number of smokers in the region in the year 2000. In 2002, the tobacco market in MEA was worth US$ 15.3 billion which increased to US$ 28.7 billion in 2009 and is expected to reach US$ 50.0 billion in 2020. As tobacco consumption is increasing in MEA, ill effects of tobacco are bound to increase, which is expected to drive the demand for smoking cessation and nicotine de-addiction products in the region. 

The South America smoking cessation and nicotine de-addiction market is the smallest in the world. Brazil is the largest smoking cessation and nicotine de-addiction market in South America. 

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The study provides a conclusive view of the global smoking cessation and nicotine de-addiction market by segmenting it in terms of product type and distribution channel. In terms of product type, the global smoking cessation and nicotine de-addiction market has been classified into products (with nicotine) and products (without nicotine). Products (with nicotine) are further sub-segmented into OTC products and prescription products. OTC products are categorized into e-cigarettes, nicotine gums (NRT), nicotine patches (NRT), nicotine lozenges (NRT), and nicotine tablets (NRT). Similarly, prescription products are divided into nicotine sprays (NRT) and nicotine inhalers (NRT). Products (without nicotine) are prescription products and are segmented into Zyban and Chantix. By distribution channel, the global smoking cessation and nicotine de-addiction market is segmented into online and offline. NRT stands for products that help to reduce the urge for smoking i.e. nicotine replacement therapy (NRT).         

The report highlights major companies operating in the global smoking cessation and nicotine de-addiction market including Pfizer Inc., GlaxoSmithKline plc (GSK), Cipla Ltd., Johnson & Johnson (J&J), ITC Ltd., Takeda Pharmaceutical Company Ltd., Alkalon A/S, 22nd Century Group, Inc., Strides Pharma Science Ltd., and JUUL Labs, Inc.   

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Hand Dryer Market: Verified Value and Volume Forecasts up to 2027

According to a new market report published by Transparency Market Research titled ‘Hand Dryer Market [Product Type: Warm Air Dryers (WAD) and Jet Air Dryers (JAD); End-user: Hotels, Food Processing and Food Service, Office Buildings, Healthcare, and Others] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027, the global hand dryer market is expected to reach US$ 902.8 Mn by 2027, expanding at a CAGR of 7.1% from 2019 to 2027. In terms of volume, the global hand dryer market is expected to reach 9,026.3 ‘000 units by 2027, expanding at a CAGR of 6.6% during the forecast period. Based on region, the global market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. 

North America is the second-largest hand dryer market, both in terms of value and volume. Demand for hand dryers from end-user such as educational institutions, hotels, food service restaurants, QSR (Quick Service Restaurants), and transportation facilities is increasing across North America. The U.S. is a prominent hand dryer market in North America, followed by Canada. As per the annual survey, ‘Healthy Hand Washing Survey’, conducted by global hand dryer market player,

Bradley Corporation, consumers in the U.S. are ready to spend more money at a business that has clean, well-maintained restrooms. Using hand dryers against paper towels keeps restroom cleaner. All these factors are fueling the demand for hand dryers in the U.S. and other regions across the globe. Being a developed country, hygiene and sanitation are an important part of the U.S. culture. Hand dryers help reduce the overall operation cost of keeping the restroom clean in the long run. Thus, demand for hand dryers is increasing in the U.S. and other countries in North America. 

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Europe is the third-largest market for hand dryers, both in terms of value and volume. Similar to the market in North America, penetration of hand dryers is rising in Europe. Germany, the U.K., and France are prominent hand dryer markets in the region. As per PRODCOM data 2017, the unit sale of hand dryers in Europe (EU 28) was 978,300 units. Among them, the number of hand dryers manufactured in Europe and sold in Europe were 247,009 units. The U.K. is a prominent manufacturer of hand dryer in Europe, and it accounts for approximately 44.0% share of the production of hand dryers in the region. 

Asia Pacific is the largest hand dryer market, both in terms of value and volume. China is a prominent market for hand dryer in Asia Pacific, followed by Japan and India. Expansion of the economy in China is boosting the demand for hand dryers across hotels, educational institutions, hospitals, and food service restaurants in the country. Japan is a developed country and hand dryers have been used in the country for a long time. Jet air hand dryers manufactured by Mitsubishi Electric Corporation are gaining popularity in Japan. India is another country that is witnessing economic expansion and the growth rate of its GDP is one of the highest in the world. This, in turn, is propelling the demand for hand dryers in various end-user across India. 

Middle East & Africa (MEA) is a relatively minor market for hand dryer, both in terms of value and volume. The group of countries constituting the GCC is a prominent market in the region. The UAE, which is a part of the GCC, is witnessing an increase in construction of hotels and hospitals. This is boosting the demand for hand dryers in the country and fueling the overall demand in GCC. South Africa is the second largest hand dryer market in Middle East & Africa. 

South America is the fourth largest hand dryer market, both in terms of value and volume. Brazil is a major hand dryer market in South America. 

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The report provides a decisive view of the global hand dryer market by segmenting it in terms of product type and end-use industry. In terms of product type, the global hand dryer market has been classified into warm air dryers (WAD) and jet air dryers (JAD). In terms of end-user, the global hand dryer market has been divided into hotels, food processing and food service, office buildings, healthcare, and others.

The report highlights major companies operating in the global hand dryer market, which include Dyson Ltd., World Dryer, Excel Dryer Inc., American Dryer, and LLC. Mitsubishi Electric Corporation, Bradley Corporation, Electrostar GmbH, SPL Ltd., Tashan Jie Da Electrical Co.,Ltd., and Palmer Fixture.

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Mattress Market: Reliable Industy Size and CAGR Predictions for 2020-2027

The demand within the global mattress market is rising on account of advancements in the residential sector. The need for mattresses in households and hotel is indispensable, and this creates a plethora of opportunities for market growth. Furthermore, use of mattresses is not only related to enhancing the comfort levels of people, but also have an aesthetic dimension to it. As custom-designed beds make their way into the residential sector, the demand within the mattress market is bound to rise. The use of small mattresses for cushioning of sofas, couches, and other furniture is also a key consideration from the perspective of market growth.

Transparency Market Research (TMR) holds that global mattress market would grow at a sturdy CAGR of 7% over the period between 2019 and 2027. The total value of the global mattress market stood at US$ 37 Bn in 2019, and this figure is expected to reach US$68 by 2027. The demand for mattresses in the residential sector has grown at a robust pace.

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Comfort comes Prior for Consumers

The level of comfort offered by a mattress depends on the type of stuffing used to plump it. The manufacturers are using the best suited materials such as cotton and fur to offer high-quality, comfortable, and durable mattresses. The cumulative demand within the global mattress market is projected to reach new heights in the years to follow. Foam and latex mattresses have especially witnessed a surge in demand in recent times. Moreover, the quest of the market players to offer the most fitting products to the consumers has aided market growth.

The demand within the global mattress market is expected to grow with advancements in several industries including interior planning, designing, and hotel management. The quest of worldwide hospitality chains to offer the highest level of comfort to guests is a key dynamic of market growth. Furthermore, the growing use of social media to write review about stays and experiences at hotels has also put hospitality vendors on their toes.

IKEA Causes Disruption in Global Market

IKEA is a renowned name in the global mattress market, and the company is known for manufacturing comfortable mattresses. The company offers a wide range of king and queen-size mattresses that are designed to ‘serve customer needs.

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The HYLLESTAD spring mattress by IKEA has become a favourite amongst consumers because of the high level of comfort offered by this mattress type. The resilient and comfortable foam of the mattress binds along the contours of the body to offer premium comfort and rest. The growth of IKEA into a mammoth-sized market vendor has aided market growth. Sleepwell has also emerged as a renowned player in the global mattress market, and is rapidly growing into a preferred brand for consumers.

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Earbuds Market: Top Challenges to Face in 2020-2026

Major players in the earbuds market are focusing on working in accordance with consumer demand, for example - the need for earbuds that manage a striking balance between cost and performance. The market is highly competitive and fragmented, with new players emerging across all cost categories. Transparency Market Research’s recent report has listed key companies underpinning growth of the earbuds market globally, which include Panasonic, JBL, Samsung, Jabra, DENON, KOSS, Philips, Yamaha, LG Electronics Inc., Sennheiser Sony, Bose, and Apple Inc. (Beats Electronics). The global market for earbuds is characterized by the demand innovation and increasing competition, wherein manufacturers lay an extra emphasis on the exploration of wireless connectivity, provision of feature-oriented products, and improved noise-cancelling functionality for enabling faster penetration across the globe.

According to TMR, the global earbuds market will reflect an impressive expansion during the forecast period (2017-2026). Approximately US$ 19,000 Mn worth of earbuds are estimated to be sold across the globe by 2026-end.

Rapid Inclination toward Wireless Earbuds with Bluetooth Connectivity to Drive Demand for Earbuds

Current publicity prevailing in the global earbuds market is not a fad, but deemed as the industry’s future. Robust adoption of earbuds can be highly ascribed to increasing number of individuals who are constantly hitched to smart devices that include mobile phones, music players, and tablets for significant duration, mainly for playing games, watching videos, or listening music. Additionally, several individuals are witnessed treading around with earbuds and listening to music. At present, most of the earbuds users are seeking trendy and fashionable options, and the trend gaining immense momentum globally is the inclination towards wireless earbuds incorporated with Bluetooth connectivity. The wireless earbuds have been witnessing improvements in every aspect, for example - battery backup, thereby becoming competitive with their wired counterparts in all possible ways.

It is only been a while that earbuds have gained paramount importance as an accessory, backed by growing penetration of smartphones. Commenced from initial corded versions, earbuds have witnessed evolution into various shapes & sizes, meanwhile being integrated with myriad functions. Improvements and innovations in wireless earbuds are less likely to display a downward graph in the foreseeable future, with manufacturers increasingly putting efforts for developing Bluetooth earbuds that are affordable, have longer lifespan, and offer better sound quality.

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Many companies are concentrating on the introduction of wireless earbuds, where each product has unique features beyond audio including microphones for handsfree calls, processing ambient sound for better clarity, and fitness & health monitoring.

North America to Remain Leading Revenues Contributor to Global Earbuds Market

North America is anticipated to remain the leading revenue contributor to the global earbuds market, accounting for over 40% share of the market by 2026-end. Revenues from the market in Europe will also remain high during the forecast period. However, sales of earbuds in Asia-Pacific excluding Japan (APEJ) are projected to register a relatively faster expansion than that in all the other regional segments included in the report through 2026.

In-ear earbuds are expected to remain preferred among products in the market, with sales accounting for nearly two-third revenue share of the market by 2026-end. Over-ear earbuds will continue to be less lucrative in the market during the forecast period.

Multi-branded Stores to Prevail as Leading Distribution Channel for Earbuds

Multi-branded stores will prevail as the leading distribution channel for earbuds worldwide, trailed by exclusive stores. Revenues from these two distribution channels for earbuds are collectively projected to hold roughly 70% share of the market by 2026-end. However, in terms of sales expansion, online stores and hypermarket/supermarket will continue to be dominant distribution channels for earbuds.

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Android will endure as the preferred user operating system for earbuds through 2026. Revenues from earbuds compatible with iOS user operating system will remain slightly lower than those compatible with their Android counterparts throughout the forecast period.

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Insect Repellent Market: Top Challenges to Face in 2020-2026

According to a new market report published by Transparency Market Research titled “Insect Repellent Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global insect repellent market is expected to reach US$ 7 Bn by 2026, expanding at a CAGR of 6.5% from 2018 to 2026. Asia Pacific held the dominant share of the insect repellent market in 2017.

Insect repellent are the substances which deter insects from approaching a particular room or area. The insect repellent can be in the form of solid, liquid, or gas. Consumers prefer these forms based on their convenience and requirements. Insect repellent products are available in coils, liquid vaporizers, sprays/aerosols, cream & oil and other forms.

Health consciousness is increasing amongst the urban population across the globe as awareness regarding safety against insects is increasing. Furthermore, the increasing literacy rate in developing countries is aiding the rural population to focus more on health & cleanliness. People are taking more precaution about their health and are becoming aware about the use of protective aids to prevent insect bites that may cause harm to the body especially during outdoor recreational activities.

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The use of synthetic and natural insect repellents advertised in various pharmaceutical forms is rising due to the increasing occurrence of vector-borne viral diseases such as Zika, dengue, chikungunya, malaria, and yellow fever. There has been a change in consumer demographics shifting toward use of natural insect repellent products such as essential oils that have low toxicity and do not harm the environment rather than DEET based products that may cause health issues due to toxic chemicals.

Factors such as high levels of urbanization, favorable climate, and lack of awareness about basic sanitation plays a major role in insect breeding, providing potential opportunity for the insect repellent manufacturers.

In line with the same, manufacturers are focusing on developing innovative insect repellent products by using natural ingredients in order to have an extensive, established product portfolio to target different consumers

Increasing bed bug population has fueled the demand for insect repellents in the U.S.. Bed bugs cause irritating and painful bites. These insects are extremely small and very difficult to get rid of as they can live for months without feeding. The concentration of chemicals in these insect repellents are expected to increase as bed bugs seem to be resistant to almost all the insecticides available in the industry. The people in the U.S. are fond of camping and other outdoor activities. Cream & oil segment is also expected to have potential growth prospects as the population in the region usually prefer to apply cream and oil while going for camping and other recreational activities.

Growing global warming and growing incidence of mosquito borne diseases is expected to drive the demand for insect repellents in the Asia Pacific region. Moreover, growing awareness amongst health officials and governments about mosquito controlling is a major factor supporting industry growth in this region. China accounted for the largest value share in 2016 amongst other countries in Asia Pacific. Both local and established manufacturers are present, catering to the requirement of the region, thereby targeting different population segments. India is expected to have the highest CAGR of 7.5% from 2018 to 2026. Presence of numerous manufacturers focusing on R&D in product innovation will cater to the changing demand of consumers over the forecast timeline.

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Humid weather and dense housing areas in China are potential vulnerable sources for insect breeding, thereby driving the growth of the insect repellent market over the forecast period. Cockroaches, ants, and mosquitoes are majorly found in the households as compared to other insects. Manufacturers and consumers are also showing growing interest in child-specific products. The two-child policy and growing number of home care products targeting children and babies in the country has increased health and hygiene awareness.

Manufacturers are focusing on producing innovative insect repellent products by using natural ingredients in order to have an extensive product portfolio to target different consumers. The emerging players of the insect repellent market are Quantum Health, Enesis Group, and ExOfficio LLC. The prominent players of the industry are Dabur International, Jyothi Laboratories, Coghlan’s Ltd., and Godrej Consumer Products Ltd.

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Mosquito Repellent Market: Recommendations to Deal with Industy Restraints 2020-2026

According to a new market report published by Transparency Market Research titled “Mosquito Repellent Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global mosquito repellent market is expected to reach a value of US$ 5,698.6 Mn by 2026. The market is estimated to expand at a CAGR of 6.3% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 1,673.6 Million Units in 2017. Asia Pacific dominated the mosquito repellent market in 2017, acquiring approximately 55% of market share.

The market in this region witnessed rapid increase in urbanization, changing lifestyle of people, and rise in awareness among consumers about healthy and safe products which has fueled the mosquito repellent market in the region. Additionally, countries such as India and China have a major market for mosquito repellent due to rapid increase in population, higher population density etc. Moreover, number of cases related to mosquito diseases were also more in these countries. For example in India, cases of Chikungunya and dengue increased up to 390% from 2015-18. These countries are worst hit and the scenario is expected to worsen during the forecast period.

The mosquito repellent market is influenced by market dynamics with the prime driving factor being the increase in Vector-borne diseases. According to WHO, Vector-borne diseases account for more than 17% of all infectious diseases, causing more than 700 000 deaths annually.

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More than 3.9 billion people in over 128 countries are at risk of contracting dengue, with 96 million cases estimated per year. Additionally, increase in health awareness amongst the urban and rural population across the globe is boosting the mosquito repellent market. Furthermore, increase in outdoor recreational activities is increasing the demand for creams and oils, and sprays/aerosols as they are easy to handle and carry, and can be applied as and when required. 

Based on product type, the coils segment dominated the market in 2017 and was valued at US$ 872.2 Mn at a CAGR of 6.4% due to its widespread application across the globe. Moreover, coils are cheaper compared to other mosquito repellents and are readily available in the market which leads to its enhanced consumption. However, creams and oils segment is anticipated to grow due to its high efficiency for repelling mosquitoes.

Moreover, creams and oils are compact in size and are easy to handle and carry. Such products are ideal for camping and other recreational activities. Based on ingredient type, synthetic ingredients acquired major market share due to wide utilization of DEET as one of the active ingredient in mosquito repellent globally. However, natural ingredients are gradually gaining popularity across the globe as natural ingredients are chemical free and DEET free. According to distribution channel, online channel is anticipated to grow at a faster rate due to availability of wide product portfolios at a reasonable rate.

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Some of the key players in the mosquito repellent market include Reckitt Benckiser Group PLC, Godrej Consumer Products Ltd., S.C. Johnson & Son, Inc., Spectrum Brands Holdings Inc., E. I. du Pont de Nemours and Company, Jyothy Laboratories Ltd., 3M, Avon Products Inc., Dabur International, Enesis Group etc.The key players adopt numerous strategies to sustain in the market. Product development and acquisition and partnership are some of the main strategies adopted by key players to gain a competitive edge.

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Next Generation Military Power Supply Market: New Sales and Industying Trends in 2020-2024

According to a latest market report titled “Next Generation Military Power Supply Market,” published by Transparency Market Research  the global next generation military power supply market is expected to reach value of US$ 20,111.7 Mn by 2026, expanding at a CAGR of 5.2% during the forecast period, 2018 to 2026. According to the research study, North America held approximately 39.3% of the global market share in 2017. This is mainly due to development of advanced military power supply systems as well as early adoption of COTS (commercial off-the-shelf) software. Also, growing need to protect sensitive data from grid power instability and downtime issues is anticipated to significantly drive the global next generation military power supply market.

Demand for unique features in military power supply systems such as increased ruggedness, durability, and reliability, and growing demand for longer mean time between failure and adoption of COTS technology driving the global next generation military power supply market 

Some of the major factors favoring the growth of the global next generation military power supply market include rising trend of incorporating digital power management and control solutions in military power supply products. Further, the power supply equipment replacement cycle is getting shorter. The military sector is responsible for safeguarding sensitive data such as information related to national security, weapons, defense systems, strategies etc.

The need to protect sensitive electronic devices from grid power quality instability is increasing significantly. Adopting smart grid systems & renewable energy sources can improve grid reliability. Smart grid technology in power supply systems can improve the amount of uneven renewable generation in power systems. Smart grids stimulate energy saving in power supply systems by improving the utilization efficiency and power consuming efficiency. Also, increase in use of equipment demanding higher voltage is paving the way for new market opportunities. 

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Next Generation Military Power Supply: Scope of the Report

The global next generation military power supply market has been segmented by type, component, system type, and end-use. Based on type, the market is segmented into programmable and non-programmable segments. According to TMR analysis, the programmable power supply segment holds the maximum market share and is estimated to expand at a CAGR of 5.5% through 2026. This is mainly due to increasing application areas of programmable power supply components in the military sector. Based on component, the global next generation military power supply market is categorized into hardware and software.

The hardware segment is further sub segmented into DC/AC convertor, AC/DC convertor, DC/DC convertor, EMI filters and others (inductors, transformers, etc.). Among components, the hardware segment holds the largest share and is anticipated to show a CAGR of about 5.2%. By hardware, AC/DC convertor segment is anticipated to contribute significant market revenue share, expanding at a CAGR of 6.1 % and it is anticipated to remain dominant during the forecast period. On the basis of system type, the market is segmented into discrete power supply system and integrated power modules.

According to the research study, due to better reliability and power density compared to discrete power supply system, the market share of integrated power modules is anticipated to increase at a CAGR of 5.9%. Based on end-use, the global next generation military power supply market is segmented into aerial, land, and naval. The land segment is anticipated to grab maximum market share in 2017 while the aerial segment is projected to show lucrative growth during the forecast period at a CAGR of 5.7%. This is mainly due to legislation regarding pollution control which demands better fuel efficient aerial military vehicles and the development of advanced military aircrafts and vehicles in the military power supply market.

The geographical segmentation of the market comprises North America, Europe, Asia Pacific, Middle East & Africa, and South America. According to TMR analysis, currently the next generation military power supply market is dominated by North America followed by Europe. However, Asia Pacific is projected to witness fastest growth during the forecast period due to ongoing technological innovations in the military power supply market.

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Global Next Generation Military Power Supply: Competitive Dynamics

The research study includes profiles of leading companies operating in the global next generation military power supply market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis. Some of the key players operating in the next generation military power supply market are XP Power, Advanced Conversion Technology, Eaton Corporation, Aegis Power System, Inc., TDK-Lambda Americas, Inc., Abbott Technologies, AGMA Power Systems Ltd., Mitsubishi Electric Corporation, Energy Technologies Inc., Synqor, Inc., AJ’s Power Source Inc., Prime Power Inc., Powerbox International AB, Milpower Source, Astrodyne TDI Power Supplies & EMI Filters among others. Various business strategies are being adopted by market leaders. Also, companies are focusing on expanding their business by developing strategic partnerships, product portfolio diversification, and by offering innovative solutions to the end-use market. 

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