Tubular Oil Skimmers Market Latest Trends, Demands, Overview and Analysis by 2030

 

• Tubular oil skimmer is a machine used to remove floating oil from liquid. The floating oil adheres to skimming media and is drawn out by the machine which cleans and collects the oil. Oil skimmers depend on surface gravity, surface tension, and moving medium. Water and oil do not mix; oil separates from water and floats to the surface. The difference in surface tension between oil and water causes oil to adhere to skimming medium.
• Tubular oil skimmers are used in applications such as food processing facilities, steel mills, parking lots, outdoor ponds, and monitoring wells. The global tubular oil skimmers market is anticipated to expand at a rapid pace during the forecast period, owing to positive outlook of end-use industries.

Key Drivers and Opportunities of the Global Tubular Oil Skimmers Market

• Tubular oil skimmers help in removing petroleum based oils, fats, grease, oily waste, animal oils, vegetable oil etc. The main advantage of a tubular oil skimmer is that it is not obstructed by floating debris. It has the ability to slip over, under, and through debris.
• Tubular oil skimmers are used for small applications and are portable & easy to install. A polymer tube is used for more tube travel life. The tube can float on top of the liquid and thus is capable of covering maximum area.

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• Manufacturers are coming up with tubular oil skimmers which are compact, convenient, easy to use, and have low maintenance. Growth in end-use industries is expected to drive the global tubular oil skimmer market during the forecast period.
• The market is fragmented due to the presence of many manufacturers, and various strategies are undertaken by manufacturers to gain a competitive edge. Customization and service are the prominent areas of improvement which are likely to create more business opportunities during the forecast period.

North America to Hold Major Share of the Global Tubular Oil Skimmers Market

• Geographically, the global tubular oil skimmers market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
• North America is anticipated to dominate the global tubular oil skimmers market during the forecast period. The U.S. is estimated to lead the tubular oil skimmers market in the region. Growth in refineries and automotive industries is projected to drive the demand for tubular oil skimmers in North America.
• North America is likely to be followed by Asia Pacific. Growth in industrialization is expected to boost the demand for tubular oil skimmers in this region during the forecast period.

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Key Players Operating in the Global Market

Major players operating in the global tubular oil skimmers market include:

• Abanaki Corporation
• Baldwin Industrial Systems
• Bulbeck Group (Clean Water)
• Mini-Skimmer
• Oil Skimmers, Inc.
• Premier Oilskim Systems Pvt. Ltd.
• SEPRA S.r.l.
• SkimTech Inc.
• SkimOIL, INC.

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2D Laser Cutting Machine Market Emerging Demands, Recent Trends, Business Opportunity, Share and Forecast To 2030

 

• 2D laser cutting machines are used to slice materials using a laser. A laser cutting machine cuts the material by directing the output of high power laser on the material which needs to be cut. These machines have high levels of accuracy compared to other manufacturing methods. The 2D laser cutting machine has the ability to cut a wide range of materials such as plastic, glass, wood, foam, acrylic, and paper-based materials. The 2D laser cutting machine market is segmented in terms of product type, technology, material, and application. By product type, the market is divided into high power product and low power product.  By technology, the 2D laser cutting machine market is segmented into CO2 and fiber. In terms of material, the market is bifurcated into metal and non-metal and divided further in its subtypes. Based on application type, the market is classified into aerospace, metal fabrication, shipbuilding, automotive, etc. Growing industrial metal fabrication is expected to drive the 2D laser cutting machine market during the forecast years.  

Growth of Metal Fabrication Industry to Drive the Global 2D Laser Cutting Machine Market

• The metal fabrication process builds machines and structures from raw metals. Metal fabrication processes includes cutting, bending, wielding, machining, forming, and assembling the products. 2D laser cutting machines are majorly used in metal fabrication industry. The growth of this industry is likely to impact the 2D laser cutting machine market. The use of fiber laser cutting technology machines is growing tremendously due to its high flexibility, high speed, and better efficiency. Rising sheet metal fabrication industry is the major factor anticipated to drive the global 2D laser cutting machine market during the forecast period.

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Development of 3D Laser Cutting Machines Likely to Hamper Growth of the 2D Laser Cutting Machine Market

• 3D laser cutting machines can be used for the slicing of two-dimensional as well as three-dimensional products. New innovations in 3D laser cutting machines such as robotic laser cutting machines may hamper the growth of the 2D laser cutting machine market.  Adoption of 3D laser cutting machines is increasing rapidly, as manufacturers are using more advanced machinery for better production quality. Growing inclination toward using 3D laser cutting machines can hamper the growth of the 2D laser cutting machine market across the globe.

North America to Lead the Global 2D Laser Cutting Machine Market

• In terms of region, the global 2D laser cutting machine market can be divided into North America, Asia Pacific, South America, Europe, and Middle East & Africa.
• North America comprises Canada, the U.S., and Rest of North America. The 2D laser cutting machine market in Europe includes Germany, the U.K., France, and Rest of Europe. The 2D laser cutting machine market in Asia Pacific includes India, Japan, China, and Rest of Asia Pacific. The South America 2D laser cutting machine market can be segmented into Brazil and Rest of South America. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa.
• North America is likely to witness maximum demand for 2D laser cutting machines followed by Asia Pacific and Europe, due to higher usage in metal fabrication industry.

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Key Manufacturers Operating in the Global Market

Key manufacturers operating in the global 2D laser cutting machine market are:

• Wuhan HG Laser Engineering Co., Ltd.
• Koike Aronson, Inc.
• Mazak Optonics Corporation
• GWEIKE Laser
• BODOR
• TRUMPF
• Nissan Tanaka Corporation
• Shandong Leiming CNC Laser Equipment Co.
• FOSHAN BEYOND LASER TECHNOLOGY CO.

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Radio Streaming Services Market Analysis 2020: Latest Development, Regional Demand, Top Players Profiling and CAGR Forecast to 2027

 

• Radio streaming services are radio hosting services that enable radio through a server, and listeners can tune in and listen to the radio on the internet.
• A radio server comprises the radio server software and the hardware located in the server or data center. The data center requires expertise connection to specialized high-speed networks, and the hosting provider has to pay to maintain them.
• When a listener tunes to the radio via radio streaming service, the information has to pass from server to the streaming provider, then through some other networks, via several internet exchange points.
• Web radio is hosted on servers which can then be accessed by listeners irrespective of time or location; this is the biggest advantage of radio streaming services.
• Radio streaming services are gaining popularity as radio stations are limited to a specific region or country. Users can listen to a radio of any country or region with the help of stream hosting service.  

Advance features for management and operations drives the radio streaming services market

• Radio streaming services have a management console which helps to manage the three service types: Shoutcast, Icecast, and Streamcast as per requirement.

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• Some radio streaming services also provide in-house stream management consoles.
• The servers and the sites are secured with SSL in order to protect it from any intrusion.
• Auto DJ mode is also supported by the radio streaming service by enabling auto DJ servers.
• Auto DJ is a program installed on a server that enables uploading of music autonomously.

High latency issues might restrain the radio streaming services market

• Latency represents the time taken for a request to get transferred to the server and information back.
• If radio streaming service from Europe is streamed by a user in North America, packets of information have to travel to and from the user’s location to the server location.
• It might take extra time for packets to make a round trip to Europe compared to streaming from a radio server located in North America.
• High latency causes buffering in a radio stream. When the radio player buffers, it stops playing music, as it waits to receive enough audio to resume playback.
• This is expected to cause hindrance in the growth of the radio streaming services market.

Regional overview of the global radio streaming services market

• Radio streaming services can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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• Broadcasting of the radio on servers enables the use of cloud which in turn increases the adoption of radio streaming services in all the regions.
• However, North America and Asia Pacific are expected to have a considerably high share of the market due to the popularity of radio and more radio channels, thus having a favorable impact on the radio streaming services market in these regions.

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Social Media Payment Solution Market 2020-2027 Growth Analysis, Trends, Key Feature, Dynamic Innovation and Forecast

 

• Social media is in a continuous state of advancement. Although it’s early purpose was to help connect with friends or other individuals, now it serves as a popular mode to transfer and receive money as well, called “social payment.”
• Social media payment solution provides a mode to transfer money by using applications such as Google Wallet, Paytm, etc.
• Payment through social media trends was initially popularized by PayPal, and other solution providers have meanwhile made their versions, such as Snapcash, Venmo, Google Wallet, Twitter Buy, and Apple Pay. Social media payment solutions are valuable tools for individuals as well as for enterprises. They can either create their proprietary apps or use existing services.

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Adoption and proliferation of immediate payments worldwide: Prominent driving factor of the social media payment solution market

• Demand for social media payment solutions is increasing worldwide. Social media payment solutions allow end-users to make immediate payment by using a mobile phone. Deployment of immediate payment technologies is constantly rising worldwide owing to increasing digital currency and e-commerce activity. This is also a major driving factor which is estimated to enhance the immediate payment technologies market during the forecast period.
• For example, consumers are exponentially deploying immediate payment technologies owing to 24/7 access to transfer payment functionality through smartphones, instant money visibility, prolonged access channels, and security solutions.
• Moreover, rising deployment of immediate payment technologies that comprises the usage of mobile wallets, has led to the access of cashless system into the payment scenario. These factors are significantly driving the growth of the social media payment solution market.

Low consumer interest in picking new technology expected to significantly hamper the social media payment solution market

• Consumer interest is one of the crucial factors which is expected to hamper the growth of the social media payment solution market worldwide. This is mainly due to the lack of awareness of immediate mobile payment services specifically in developing regions such as South Africa. Therefore, low consumer interest in picking new technology is expected to significantly hamper the social media payment solution market.

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North America to hold major share of the global social media payment solution market

• In terms of region, the global social media payment solution market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is anticipated to account for major share of the global social media payment solution market during the forecast period due to growing adoption of advanced payment technologies, indicating potential growth of the social media payment solution market in this region. Europe is estimated to be the second largest market for social media payment solutions from 2019 to 2027. Government-led initiatives for a cashless economy is likely to drive the social media payment solution market in the region.
• Asia Pacific is projected to be a rapidly expanding region of the global social media payment solution market during the forecast period due to growing adoption of smart appliances and increasing mobile data usage which is expected to increase the adoption of social media payment solutions in the region.

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Hybrid IT Infrastructure (Management) Software Market Analysis 2020: Latest Development, Regional Demand, Top Players Profiling and CAGR Forecast to 2030

Hybrid IT is a method where an enterprise uses cloud based services and in-house services to complete its entire pool of information technology resources. Hybrid IT model allows organizations to lease a portion of its necessary IT resources from a private or public cloud service supplier. A hybrid infrastructure combines private, managed and public clouds and traditional IT. Hybrid IT infrastructure (management) software is helpful as it allows organizations to combine, unify and scale up resources, thus, increasing its functionality to create highly adaptive and responsive IT infrastructure.

Hybrid IT infrastructure (management) software offers wide-ranging choices for providing IT services. From a strategic outlook, it allows IT decision makers to align particular technology platforms with particular workloads and applications and meet unique requirements of different business groups, suppliers, units and customers. To gain these benefits, enterprises implement different methods to manage and leverage a mixed IT infrastructure. As a part of this approach, enterprises are implementing change management procedures through the entire IT landscape to reduce business disturbance and increase service consistency, even during great change. Thus hybrid IT infrastructure (management) software can be a norm and an asset for the enterprise.

The lock-down by governments in various countries on the basis of Coronavirus has a negative impact on the IT industry. The number of IT firms or other business firms is temporarily suspended owing to a lockdown, which significantly impacts the development of the global market.

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Global Hybrid IT Infrastructure (Management) Software Market: Dynamics

• Increasing adoption of various deployment model
  • A hybrid IT infrastructure (management) software is a combination of public clouds, private clouds and on-premise data centers. Enterprise applications and systems can be installed on any of these environments, depending on the tactical requirements, the required outcome and strategic business need. The increased adoption of various deployment models, private, public and hybrid cloud, is boosting the hybrid IT infrastructure (management) software market growth. Enterprises are adopting hybrid IT infrastructure (management) software to deliver services across private and public environment with a single user experience. This would help to reduce the overall IT management costs in a streamlined manner and simplify the provisioning experience. Further, increasing demand from government & small and medium enterprises, economic growth and scalable resources are the major factors driving the hybrid IT infrastructure (management) software market growth. However, there are certain restraints that can hinder the growth of the market as disconnected hybrid IT infrastructure (management) software can cause service delays and disruptions. Further, securing and managing a mix of hybrid IT infrastructure (management) software can be complicated and costly, specifically when data can reside nearly anywhere. Furthermore, there is a huge opportunity for all the cloud companies as more organizations are moving towards implementing hybrid IT infrastructure (management) software services.

North America Led the Global Market in 2019

• Based on region, the global Hybrid IT Infrastructure (Management) Software market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
• North America is anticipated to hold the largest market share, key reason is the growing use of data centers and increasing trend of large enterprises combining public and private operations.

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Key Players Operating in the Global Market

Key players operating in the global Hybrid IT Infrastructure (Management) Software market are listed below:

• Hewlett Packard Enterprise Development LP
• Amazon Web Services, Inc.
• Microsoft Corporation
• Google, Inc.

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Customer Data Platform Market Size & Forecast 2020–2030 By Global Industry Trends, Future Growth, Regional Overview, Share Estimation, Revenue, and Outlook

 

• Customer data platform (CDP) is a packaged software that creates a unified, persistent customer database, accessible to other systems. This customer data originates from various sources, to create a particular customer profile. Customer data platform (CDP) provides some functionality of customer engagement and customer behavior.

Impact of Coronavirus (COVID-19) on the Customer Data Platform Market

Lockdown due to an increase in the spread of Coronavirus (COVID-19) across major regions such as Europe, Asia, and North America, has a positive impact on the customer data platform market. Nowadays, individuals are focusing majorly on online activities such as e-commerce, and OTT platforms, which is expected to increase the customer data worldwide. Therefore, this is significantly help organizations to work on customer data platform, which helps them to make marketing strategies more efficiently.

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Increasing Demand for Omni-channel Experience: Key Driver of the Customer Data Platform Market

• Omni-channel is a complete and holistic methodology for customer communications over different channels without maintaining and saving customer data. The omni-channel approach provides seamless and smooth customer communication through all channels and keeps the entire consumer data inside the platform so that a third party or agent can easily address their concerns in a proper manner.
• Omni-channel experience is a cross channel methodology that allows various interfaces such as web, social media, and mobile to incorporate for customer engagement. An omni-channel methodology increases the involvement of customers with enterprises, as the entire communication channel is employed in an integrated manner. Hence, this helps in widening the customer database.
• An omni-channel experience also improves user experience as it uses a customer-centric approach. This approach significantly drives the customer data platform market as it provides a broader customer behavior experience for enterprises to implement their marketing strategies more efficiently. An omni-channel methodology is utilized majorly in the retail industry as it facilities inventory management as well as order management by order allocation. Furthermore, consumers are shifting more toward digital resources that significantly help enterprises to adopt an omni-channel methodology.
• Impiger Technologies provides the omni-channel retail solution to streamlines the user’s supply chain management. On the other hand, IBM Corporation provides a three tiered omni-channel methodology for retail as well as banking industry that involves capturing customer data, managing customer engagement systems, and applying suitable actionable insights. 
• Therefore, increasing demand for omni-channel experience is significantly driving the growth of the customer data platform market.

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High Capital Cost Expected to Hamper the Global Customer Data Platform Market

• Customer expectations increase with developing technologies, and companies have to continuously update their customer engagement solutions to satisfy these expectations.
• The investment cost associated with the modification of customer experience solutions with constantly changing technology is very high and is a short term investment. This makes it difficult for small and medium enterprises to constantly update the solutions according to customer requirements.
• Updating any solution with advance technology makes the solution complex at the backend. Making major changes in these complex solutions is expensive and requires an efficient and highly trained workforce, which is a major investment. Moreover, implementation of security in these advanced solutions is a major concern which also increases expenses considerably. Therefore, high capital cost is expected to hamper the customer data platform market.

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Virtual Reality in Education Market Overview, Geographical Segmentation, Industry Size & Share, complete Analysis to 2030

Virtual reality enables a user to communicate with a three-dimensional image or virtual world created by a machine. Virtual reality increases a student’s engagement. As a hands-on, engaging, immersive experience, it presents students with a new form of learning, providing exciting new opportunities they could not have encountered before.

The effect of Corona virus has directly affected the development of the market. As a consequence of the corona virus lockout, the majority of classrooms, colleges and educational institutions closed, which directly hindered the demand for VR in the education sector.

Global Virtual Reality in Education Market: Dynamics

• Increasing adoption of virtual reality devices
  • Earlier, adoption of virtual reality devices was low due to their prohibitive cost. However, adoption of virtual reality gear has improved owing to technical advances and economies of scale of major businesses. The growing affordability of virtual reality devices and applications is one of the key drivers of development for virtual reality in the education field. The production of consumer models of VR headphones, such as VR Cardboard by Google and GearVR  by Samsung, which are integrated with smartphones, results in reduced price. In comparison, companies such as Oculus, HTC, and Sony have reduced the price of their VR devices. Affordability of VR hardware, combined with the emergence of easy-to-use content production tools, is projected to accelrate the VR market in the eduction sector 

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North America Led the Global Market in 2019

• Based on region, the global virtual reality in education market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
• North America held a dominant share of the global virtual reality in education market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in this region. Enhanced focus on the effectiveness of VR in the education industry, along with the advent of low-cost, reliable VR hardware, is expected to substantially fuel the growth of the virtual reality in education market in this region over the projected period.
• The virtual reality in education market in Asia Pacific is expected to expand at the highest CAGR during the forecast period. China, India, and Japan are some of the major countries which drive the market in this region. Rising demand for advanced education programs in India, China, and Japan is likely to augment the market in the Asia Pacific region.

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Key Players Operating in the Global Market

Key players operating in the global virtual reality in education market are listed below:

• Alchemy Immersive
• Avantis Systems Ltd.
• EON Reality Inc.
• Facebook Technologies, LLC.
• Google
• HTC Corporation
• RegattaVR
• Samsung
• Schell Games
• Sony
• Unimersiv

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