Cosmetic Contact Lenses Market: Growth Opportunities to Tap into in 2020-2027

 

• Cosmetic contact lenses are available in many colors in the market. These lenses are designed to intensify or change the eye color.
• Large number of consumers use cosmetic contact lenses during theatrical activity, Halloween, and during other events where colored eyes are required. In most countries, consumers need a valid prescription to purchase cosmetic contact lenses, even if they are buying zero power products.

Key Drivers of the Global Cosmetic Contact Lenses Market

• Increasing adoption of cosmetic lenses coupled with growing fashion trends are majorly driving the growth of the market. Availability of stylish products in local markets with different attractive shades, colors, and textures to enhance eye appearance is working as a favorable factor for the cosmetic contact lenses market.
• High social media penetration coupled with high investment in search engine optimization and social media optimization by key market players are expected to boost the market growth in the coming years.

Availability of Contact Lenses with Multiple Colors to Create Significant Opportunities

• Key companies have started offering multiple colored contact lenses (hazel, blue, violet, green, grey, brown, and amethyst) which attracts more customers to purchase their product. Growth in the eyewear industry is also set to create new opportunities in this market.

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Increasing Manufacturing Cost to Hamper the Global Cosmetic Contact Lenses Market

• Change in raw material cost and high manufacturing cost are major challenges in the cosmetic contact lenses market. Excessive risk pertaining to sensitive eye wear products may slow down the market growth.

Europe Accounted for Highest Market Share

• Europe was the market leader in the cosmetic skin care market in 2018. High demand for fashion and apparel in key markets including Germany, France, and the U.K. is propelling the market growth. Cosmetic contact lenses have huge acceptance among movie actors, fashion models, and singers. Millennial population prefer to use this product to enhance their fashion quotient which is expected to augment the growth of the Europe cosmetic contact lenses market over the forecast period. 
• The market in Asia Pacific is expected to grow at a higher pace in the coming years. Significant adoption of this product in China, India, Taiwan, Japan, and South Korea is driving market growth.

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Key Players Operating in the Global Market

The global cosmetic contact lenses market is fragmented in nature. Large number of small-scale manufacturers are present in this market. Key market participants are signing strategic partnerships and engaging in mergers and acquisitions to consolidate their presence in the global market. Moreover, cosmetic contact lenses companies are investing in infrastructure improvement to compete in the market. Key players operating in the global cosmetic contact lenses market are listed below:

• CooperVision
• Johnson & Johnson Vision Care
• CIBA Vision
• Bausch & Lomb
• GrandVision
• InnoVision Co Ltd
• Novartis
• QualiMed

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Office Coffee Service (OCS) Market | Size, Share, COVID – 19 Outbreak and Forecast to 2027

 

Global OCS Market

• Coffee is one of the most widely consumed beverage both at home and in the office. Coffee helps to improve energy levels. In the work place, a cup of coffee can energize the employee and increase productivity. 

Global Office OCS Market: Dynamics

Rise in demand for OCS across U.S. and Europe  

Rise in economic growth across the U.S. is leading to increase in businesses and industries which subsequently increases the spending on employee satisfaction services such as office coffee. Revenues are increasing for the OCS industry in the U.S. OCS revenue increased from US$ 5.40 billion in 2017-18 to US$ 5.71 billion in FY 2018. In the U.S., millennial have different needs, tastes, preferences, and expectation and are health-conscious, tech-savvy, ambitious, and seek a better work-life balance. They are increasingly opting for coffee compared to other hot drinks. According to the European Vending & Coffee Service Association (EVA), a dominant portion of coffee machines are located in workplaces. Thus, rise in preference for coffee among the millennial in the U.S. and Europe is increasing the market size of office coffee service.

Rise in online promotions by OCS providers across the U.S. 

In the U.S., online marketing by OCS market players has increased their revenue. All OCS providers in the U.S. have a website from the FY 2017-18. Presently, OCS providers also enable their customers to order coffee through online channels.           

Decrease in price of green coffee helping OCS providers to offset cost 

The International Coffee Organization (ICO) has indicated a gradual decrease in price of green coffee since August 2017 which has continued except for October 2018, and June and July 2019. As per ICO, average green coffee price is lowest in the past five years. OCS providers have seen an increase in operation cost but are able to maintain coffee prices due to decrease in price of green coffee. This is helping OCS providers to increase business but keeping price of coffee under check.    

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Global Office OCS Market: Regional Analysis

North America and Europe prominent OCS markets in the world

• Geographically, the global OCS market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The market in North America is broken down and analyzed at country-level, which includes the U.S., Canada, and Rest of North America. Similarly, the OCS market in Europe can be bifurcated into country level, covering Germany, France, the U.K., and Rest of Europe. The OCS market in Asia Pacific includes China, India, Japan, and Rest of Asia Pacific. The analysis of the OCS market in Middle East & Africa includes GCC countries, South Africa, and Rest of Middle East & Africa. The OCS market in South America can be divided into Brazil and Rest of South America.
• Globally, North America and Europe are leading OCS markets.

Global Office OCS Market: Competitive Landscape

The global OCS market consists of large and innumerable small and medium sized players. Large market players operate in more than one country/ region. Competition is intense among global and regional players operating in the office coffee service market.

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A few key players operating in the market are:

• Compass Group
• Farmer Bros. Co.
• Keurig Dr Pepper Inc.
• Peet's Coffee Berkeley
• Royal Cup Coffee
• Van Houtte Coffee Services (A division of Keurig Canada Inc.)
• American Vending Services
• Cafection

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Flexible Electronic Products Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

 

• Flexible electronics is a concept also known as flex circuits, which refers to the assembly of electronic circuits over flexible substrates such as a transparent conductive polyester, PEEK, or polyimide
• Flexible electronics are increasingly designed into various products, which encompasses both consumer and industrial sectors
• Some of the common categories of flexible electronic products include mobile phone displays, sensory components in airplanes and cars, human health performance tools, and security tags
• Flexible electronics have evolved greatly over the past decade. A few years back, such electronics were capable of being stretched up to 70%, whereas now they can be stretched to an exceptional extend of their actual length.
• The ability of semiconductors to become more stretchable, smaller, and thinner has significantly contributed to the development of novel flexible electronic products

Emerging Trend of Foldable Displays to Drive the Global Flexible Electronic Products Market

• The smartphone industry over the years has evolved tremendously. In the near future, more smartphone manufacturers are anticipated to incorporate flexible screen features to their phones, which in turn is expected to remarkably boost the overall flexible electronic products market.
• Not only smartphones but other consumer electronics such as TVs with foldable screens are expected to drive the demand for flexible electronic products

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Growth Opportunities for the Market Aligned with Innovation in Flexible Electronic Technology

• With the advent of flexible electronics, prominent players in the electronics industry are encouraged to differentiate their offerings, making the market further competitive
• Manufacturers in the industry are considering the latest innovations in flexible electronics as an opportunity to introduce more competitive products in the market
• These new products are expected to target various other industries including automotive, healthcare, aerospace, and defense

High Cost of Products Likely to be a Major Challenge to the Market

• Despite their ability to offer exciting new features to conventional electronic products, the upcoming flexible electronic products in the market are anticipated to remain relatively more pricey than the usual electronic products

Asia Pacific to Hold Leading Share of the Global Flexible Electronic Products Market

• In terms of geography, the global flexible electronic products market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the flexible electronic products market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The flexible electronic products market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific dominated the global market in 2018 in terms of sales; however in terms of maturity, the region lags behind North America as well as Europe. This provides market players with the room for growth in the near future.

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• The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period.

Key Players Operating in the Flexible Electronic Products Market

The global flexible electronic products market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global flexible electronic products market are:

• Samsung Electronics
• E Ink Holdings
• BrightVolt, Inc.
• Planar Energy Devices
• AU Optronics Corp.

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Biotin Supplements Market by Types, Demand, Top Manufacturers and Application in Grooming Regions

Multi-vitamin dietary supplements are seeing an upward growth curve. And, it does not come as a surprise because lifestyle choices such as smoking and drinking often lead to challenges pertaining to absorption and production of certain vitamins and minerals. This is leading to growth in the global biotin supplements market. Pregnant women and patients of epilepsy sometimes witness its deficiency in large measure. All this helps the market witness significant growth over the forecast period of 2019 to 2027. In order to stay ahead of the competitors players are focused on better marketing of the products. Additionally, they will witness a slew of growth opportunities in this period. Market worth will also be pulled up considerably.

Global Biotin Supplements Market: Competitive Landscape

The global biotin supplements market is a fragmented landscape with a decent number of players operating its playfield. Marketing of products aggressively is a prime focus for major market players. The aim of various such organic and inorganic strategies is to lay claim on to a prominent share of the overall market growth. It is pertinent to note here that players do not shy away from forging key alliances if the benefits of mutual synergies are accrued.

Some of the key players in the market, driving it on an upward trajectory with their proactive measures include the following:

• Sports Research
• The Nature's Bounty Co.
• Pure Research Products, LLC
• Zhou Nutrition
• Natrol LLC
• Church & Dwight Co. Inc.
• LifeGarden Naturals
• NOW Foods
• Jarrow Formulas, Inc.
• Doctors Best
• Zenwise Health
• SBR NUTRITION

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Global Biotin Supplements Market:  Key trends and driver

Keeping the market on an upward growth trajectory is a large number of trends and drivers marking the global biotin supplements market landscape. Prominent ones include increase in awareness regarding benefits of biotin and efforts directed by market players towards marketing of these supplements. Other prominent ones are:

• Health is gaining prominence world over as the population across countries passes over a long lull that has led to a plethora of health issues. This is leading a large number of people towards better diet. More and more people are aware of their food intake today and this is set to contribute positively to the growth of global biotin supplements market.
• It is also pertinent to note that health and beauty influencers are also helping in driving the market towards further growth. As these influencers bring these products before their vast follower-base, the demand for these products sees and upward growth curve.
• More women across the world are working today and this has improved their purchasing power significantly. And, as a result, one notes women taking care of themselves like never seen before. As biotin is a supplement that helps hair and nails grow better, demand for it is set to see a significant growth over the assessment period mentioned above.

Global Biotin Supplements Market:  Regional Analysis

East and South Asia are expected to grow by a notable magnitude over the forecast period owing to heavy trade volumes marking the landscape with North American and European region. China and India will be at the forefront of growth in the region over the forecast period.

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However, it is also worth noting here that a sizeable demand for these supplements will arise from the North American and European regions owing to deficiency in biotin in diets that are noted in the region. Besides, both regions have a high level of disposable income and people are more aware regarding health.

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.

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Capacitance Diaphragm Gauges Market Report: Top Companies, Trends and Future Prospects Details for Business Development

 

• Capacitance Diaphragm Gauge (CDG) is a type of a pressure gauge used for pressure measurement of gases in their respective pressure ranges.
• Capacitance diaphragm gauge is a cost effective, high quality gas type independent pressure sensor mainly designed for use in the vacuum industry wherein high accuracy is required.
• Furthermore, capacitance diaphragm gauge provides long-term stability and years of free instrument maintenance, owing to its resistive ability against corrosive gases.

Key Drivers of Global Capacitance Diaphragm Gauges Market

• The demand for highly accurate and reliable products is continuously increasing with growing industrialization. In the vacuum industry, measuring accurate pressure is important to perform smooth processing. Hence, the demand for pressure measurement equipment has increased. 
• Capacitance diaphragm gauges provide accurate sub-atmospheric pressure measurements at a reasonable cost. It also offer resistance against corrosive gases that can reduce the maintenance cost of instruments.
• These features of capacitance diaphragm gauges are helping the global market to grow at a rapid rate

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Heated CDG product type Segments to Lead Global Capacitance Diaphragm Gauges Market

• In terms of product type, the global capacitance diaphragm gauges market can be divided into unheated CDG, 45 degree heated CDG, 100 degree heated CDG, and 160 degree heated CDG.
• In the present scenario, the high accuracy and stability stringent applications are mainly consider the 160 degree heated version of CDG. However, the 45 degree heated or unheated are largely recommended for less stringent applications.

North America to Lead Global Capacitance Diaphragm Gauges Market

• The global capacitance diaphragm gauges market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a significant market for capacitance diaphragm gauges due to the presence of several key market players.
• Substantial investments in research and development by various end-user application segments in the region are anticipated to drive the global capacitance diaphragm gauges market in North America

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Key Players Operating in Global Capacitance Diaphragm Gauges Market

Key players operating in the global capacitance diaphragm gauges market are:

• Pfeiffer Vacuum GmbH
• INFICON Holding AG
• Agilent Technologies, Inc.
• MKS Instruments, Inc.
• Setra Systems
• Canon Anelva Corporation
• Leybold GmbH

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PID Controller Market Trends, Forecast and Analysis of Key players 2027

 

• A PID controller is a feedback mechanism for a control loop, which calculates an error value as the difference between a set point and a calculated system parameter. PID stands for proportional–integral–derivative. PID controllers are primarily used for pressure control, temperature control, flow control, and motion control.
• Continuous technological innovations have led to introduction of smart PID controllers and hybrid PID controllers. Both these are more powerful and economical than the conventional PID controllers. In temperature control functions, hybrid PID controllers are being adopted increasingly. In oil & gas and food & beverages sectors, PID controllers are largely used.

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Key Drivers and Restraints of Global PID Controller Market

• The global PID controller market is expected to expand rapidly during the forecast period, owing to growing adoption of and technological innovations in PID controllers. Less power consumption and low costs associated with introduction of hybrid PID controllers are augmenting the demand for these controllers.
• Increased usage of PID controllers in the food & beverages industry is expected to drive the global market for PID controllers during the forecast period
• In addition to these factors, PID controllers gained more traction compared to programmable logic controller (PLC) systems due to their lower cost
• Manufacturing facilities worldwide are increasingly using PID controllers to help in calculating the error value and provide actionable data points to improve the overall process efficiency. Increase in the efficiency helps lower energy consumption levels and improve the execution time of the system. This, in turn, reduces operating costs. This results in extensive use of PID controllers in end-user industries, which drives the global PID controller market.
• A key factor that hampers the global PID controller market is the increasing demand for and adoption of PLC devices led by higher loop-processing capacity of PLC devices and multiple operational capability of an industrial facility. Thus, growing adoption of PLC devices limits the global PID controller market.

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Temperature Controller Segment has Significant Growth Potential

• Based on type, the global PID controller market can be divided into temperature controller, motion controller, flow controller, and pressure controller
• Temperature controller is projected to be the dominating segment of the global market during the forecast period. In the oil & gas sector, temperature controllers are commonly used.
• Increasing usage of PID temperature controllers in industries such as chemical and food & beverages is projected to be a major factor driving the temperature controller segment in the next few years

Markets in Europe and Middle East & Africa to Witness Considerable Growth  

• In terms of region, the global PID controller market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• Middle East & Africa is expected to dominate the global PID controller market during the forecast period, owing to presence of a large number of manufacturers of PID controllers in the region
• Growing usage of PID controllers in oil & gas, food & beverages, and mining industries and increasing preference for pressure transmitters are likely to drive the market in these regions between 2019 and 2027
• The PID controller market in Asia Pacific is expected to expand at a significant rate throughout the forecast period, owing to continuous technological advancements, rising industrial automation, and rapidly growing semiconductor industry in the region

Key Manufacturers Operating in Global Market

The global PID controller market was highly fragmented in 2018. Key manufacturers operating in the global market are:

• ABB Ltd.
• Gefran
• OMRON Corporation
• Eurotherm (Schneider Electric)
• Red Lion Controls, Inc.
• Calex Electronics Limited
• Durex Industries
• Enfield Technologies

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Industrial Plugs and Sockets Market Trends and Dynamics, Drivers, Future Opportunities 2020-2027

Industrial plugs and sockets function on very different frequencies and are used in secured electric connections in machines and equipments. In addition to that, industrial plugs and sockets come with multiple uses across farming and commerce industries, thereby boosting the global industrial plugs and sockets market. It also safeguards the equipment to which it is connected.

These plugs and sockets are made of low cost materials and are easy to install, which is likely to drive the expansion of the global industrial plugs and sockets market in forthcoming years.

The global industrial plugs and sockets market has been segmented based on four parameters of type, protection, end user, and region for better understanding of the market.

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Global Industrial Plugs and Sockets Market: Notable Developments

The global industrial plugs and sockets market has come across few developments in the recent years. One such development is mentioned below:

• In 2018, France based Schneider Electric SE entered into an agreement with Larsen & Toubro, a leading Indian multinational conglomerate, to acquire automation and electrical business of the latter. This strategic move is likely to expand the reach of Schneider Electric in the region.

Some well-known organizations in the global industrial plugs and sockets market comprise the below-mentioned:

• Legrand SA
• Mennekes Elektrotechnik GmbH & Co. KG
• Schneider Electric SE
• Amphenol Corporation
• Marechal Electric Company
• Eaton Corporation plc

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 Global Industrial Plugs and Sockets Market: Key Trends

The following drivers, opportunities, and restraints characterize global industrial plugs and sockets market over the forecast period, from 2019 to 2027.

Increasing Demand for Use in Multiple Applications to Accentuate its Demand

The global industrial plugs and sockets market gathers momentum from its increasing use across various industries like construction, pharmaceutical, power and gas, automotive, and entertainment industries.

In addition, growing need for establishing secured connections in between high current and high voltage electrical circuits across various industries spearheads growth of the global industrial plugs and sockets market. There has been a growing demand for splash-proof and dust-proof industrial plugs and sockets following stringent government regulations regarding safe working environment. This factor is likely to drive growth of the market in years to come.

In addition, flourishing construction and automation industries in different parts of the world is anticipated to provide fillip to the market over assessment tenure, from 2019 to 2027.

The heavy industry segment in the global industrial plugs and sockets market is projected to reign over the market. The growth of the segment is mainly driven by the growth of various industries like textile, food processing, and automobile industries. These industries are also estimated to open up new avenues of growth for the global industrial plugs and sockets market in forthcoming years.

Global Industrial Plugs and Sockets Market: Geographical Analysis

To give a detailed view of the global industrial plugs and sockets market, TMR analysts have split the market into five main regions. These regions are Latin America, Europe, Asia Pacific, the Middle East and Africa, and North America.

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