Digital Signage Market: Deep Company Profiling of Leading Players 2020-2027

According to a new market research report published by Transparency Market Research the global digital signage market is expected to reach value of US$ 28,538.7 Mn by 2027, expanding at a CAGR of 5.5% from 2019 to 2027. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 6.3% between 2019 and 2027.

Rising number of sports and entertainment events across the world driving the global digital signage market

 

With the emergence of well-equipped home entertainment systems, stadiums and arenas are finding attractive alternatives for fan engagement and marketing in sports. Although digital signage are not new in sports events, they are now being used even behind the scenes i.e. for powering score boards, parking lots, rest rooms, luxury suites, etc. apart from attaining premium viewing experience. Digital signage are also increasingly being employed for real-time content upgrade and screen controls for scores and stats, targeted messaging by facility zones, combining way-finding with promotional content, powering interactive kiosks with team and player information, attention-grabbing digital menu boards, emergency notifications, etc. The impact of this driver on the global digital signage market is expected to be medium during the forecast period.

Global Digital Signage Market: Scope of Report

The global digital signage market has been broadly segmented in terms of type, display technology, offering, application, and geography. Based on type, the market has been segregated into standalone digital signage, web­­-based digital signage, and IPTV-based digital signage. In terms of revenue, the standalone digital signage segment holds the maximum market share. It is anticipated to continue its position, expanding at the highest CAGR of 6.0% during the forecast period. In terms of display technology, the global digital signage market has been classified into OLED, LCD, HD projector, LED, and others. Among these, the LCD segment accounted for a major i.e. 31.10% share of the global market in 2018.

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Based on offering, the global digital signage market has been divided into hardware (including display/monitor and media player), software (including audience analytics software and others), and services. The software segment is prominently expanding due to increasing number of cloud-based and audience analytics software being introduced in the market. In terms of application, the global digital signage market has been categorized into transportation, retail, hospitality, entertainment & sports, education, corporate, banking, and others. In 2018, the retail segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 6.3% during the forecast period, due to increase in advertisement across different manufacturing industries.

Based on region, the global digital signage market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is anticipated to hold a leading share of the global market during the forecast period, followed by North America and Asia Pacific. This is primarily due to technological advancements in the region. Furthermore, presence of a large number of manufacturers of display panels in North America has made it another prominent region of the global digital signage market. Moreover, the market in Asia Pacific is projected to expand at a significant CAGR of 6.3% during the forecast period. Innovative and rapidly expanding companies are driving the economies in Asia Pacific. The market in Middle East & Africa is estimated to witness moderate growth from 2019 to 2027. The market in South America is expected to witness sluggish growth during the forecast period.

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Global Digital Signage Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global digital signage market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global market are AdMobilize LLC, Advantec Co Ltd, BroadSign International, Cisco Systems Inc., LG Electronics, NEC Corporation, Omnivex Corporation, Panasonic Corporation, Quividi, RedFalcon, Samsung Electronics Co., Ltd, Sharp Corporation, and Sony Corporation. Companies are focusing on expanding their business through acquisitions and strategic partnerships.

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Battery Management System Market: Growth Opportunities to Tap into in 2020-2027

A recent Transparency Market Research report states that global battery management systems market is expected to witness an exceptional growth during the forecast period of 2019 to 2027. According to the report, the market is anticipated to witness 18.5% CAGR during the projected tenure. The growth of the market is attributed to the rapid escalation of the power demand in various part of the globe. Both domestic and industrial domains have massive power consumption and interruption in power supply can disrupt their productivity. 

Based on these demands, the industries are investing power back-ups that can sustain power cuts keeping the productivity at a sustainable level. Majority of the time, these back-ups are battery driven and hence it gets crucial for the businesses to have a long lasting battery life. As a result of these demands, the battery manufacturers are developing services that can help businesses to manage their battery consumption. Due to these requirements, the global battery management systems market is expected to witness the projected growth between 2019 and 2027.

There are several industries that harness the benefits of battery management systems, especially automotive industry. The applications of these systems in automotive industry is so high that the market is projected to reach to the value of US$ 16.6 bn by the end of 2027. In terms of use, the demand for alternative propulsion systems to reduce the usage of conventional fuels is the major factor that boosts the growth of global battery management systems market. 

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Additionally, the demand for the better running and operations of machines in the manufacturing business also drives this growth. It is noticeable that the global battery management systems market is highly competitive and fragmented. This is because of numerous players that dominate the dynamics of the global battery management systems market. 

To withstand this competition, the business dealing this market are planning and conducting strategic mergers and collaborations. This allows the players to accommodate or get access to the resources that can help them achieve a sustainable future in the global battery management systems market. 

On the other hand, established players are acquiring various small and medium scale businesses to enhance their dominance in the market. Additionally, research and development is one strategy that allows both new players and veterans to bring innovative solutions in the global battery management systems market. With this strategy they can acquire new clients that can propel their profit in the projected time frame. 

North America Dominates the Regional Front of the Markety

On the basis of geographical point of view, North America is expected to remain dominant over other regions of global battery management systems market. This is because players like Tesla, Ford, and General Motors are developing new electric vehicles that can match the performance of conventionally driven cars. Moreover, sheer number of players dealing battery management systems market is also major factor responsible in the growth of North America. 

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Dominance of Li-ion in Type Category

Li-ion or Lithium ion batteries are most extensively used batteries in the world. These batteries are used from consumer electronics such as smartphones and laptops to electric vehicles. These batteries have better stability than any other batteries that are available in the market. Due to this extensiveness of the applications and benefits such as long life, extended operational time, and ease of availability, players of global battery management systems market are developing new systems that can enhance the performance of these batteries. Due to this the segment is expected to dominate the type categorization of global battery management systems market from 2019 to 2027. 

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Dissolved Gas Analyzer Market | Size, Share, COVID – 19 Outbreak and Forecast to 2027

Transparency Market Research delivers key insights on the global dissolved gas analyzer market. In terms of revenue, the global dissolved gas analyzer 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 dissolved gas analyzer market.

Dissolved gas analyzers monitor and detect developing faults within the main tanks of transformers and associated oil field equipment. Transformers have been employed since the earliest days of electricity generation and transmission. High thermal and electrical stress causes the mineral oil that is used in a power transformer to decompose. Hydrogen (H2), ethylene (C2H4), carbon monoxide (CO), methane (CH4), and acetylene (C2H2), among other gases, are formed as a result of this process. Such gases are formed depending on the faults of the transformer. The introduction of low-cost test methods for dissolved gases and the increasing number of aging power transformers are propelling the growth of the dissolved gas analyzers market.

Global Dissolved Gas Analyzer Market: Market Dynamics

Increased demand for tracking transformer safety in order to improve operational efficiency is expected to fuel the adoption of gas analyzers significantly during the forecast period. The primary use of dissolved gas analyzers is to detect faults in early-stage power transformers. They help energy companies (users) to set up maintenance programs that are designed to fix and prevent faults, and enhance the lifespan of power transformers.

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The dissolved gas analyzer (DGA) market is fueled by numerous technological advancements. Rising demand for safe power transformers prompts manufacturers to innovate and develop better technological solutions in order to fulfill the needs of customers. Increasing installation of power transformers, worldwide, is expected to drive the market in the near future. Rising number of environmental pollution-related programs aim to have a significant impact on the global economy. Different steps are being taken by various governments around the world to reduce carbon footprint, with the hope that the overall market would expand in the next few years. The demand for dissolved gas analyzers is estimated to increase in the near future, as end-user industries are focused on the enhancement of their equipment performance and reducing the risks involved in their use. Significantly high risk posed by power transformer facilities, due to lack of monetary resources and ageing and weakening labor force, may restrict the global market.

Global Dissolved Gas Analyzer Market: Prominent Regions

Asia Pacific is a dominant market for dissolved gas analyzers, globally. Expansion of the market in the region can be attributed to considerably high investments in research & development activities by manufacturers operating in the region. Moreover, the rising adoption of dissolved gas analyzers in developing economies in Asia Pacific, owing to technological advancements and cost-efficiency, is also attributed to drive the market in the region.

Developing economies in the region are witnessing expansion of infrastructure; therefore, the installation of power transformers is increasing along with emerging research on online DGAs. This, in turn, is boosting the overall demand for DGAs. The DGA market in North America is estimated to expand significantly during the forecast period, owing to the presence of aging power transformers in the region, which require safe monitoring. Therefore, the need to ensure the accurate detection of fault gases in new transformers is projected to fuel the demand for DGAs in the region. The dissolved gas analyzer markets in the Middle East & Africa and South America are expected to expand at a moderate pace in the near future, due to the considerable expansion of the oil & gas industry in these regions.

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Global Dissolved Gas Analyzer Market: Key Players

Key players operating in the global DGA market include LumaSense Technologies Inc., Weidmann, General Electric, Morgan Schaffer Corporation, ABB Ltd., Doble Engineering, Gatron Gmbh, OELCHECK Gmbh, SD Myers, Inc., Qualitrol Company LLC., EMH Energy-Messtechnik GmbH, and Sieyuan Electric Co. 

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Industrial Gas Regulator Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

 As per the research report released by Transparency Market Research, the United States industrial gas regulator market size was valued at US$ 2537.5 Mn in 2018 and is slated to reach a valuation of US$ 3253.5 Mn in 2027, reflecting a CAGR of 2.8% during the assessment period 2019-2027.

The market is highly fragmented with the presence of many small and large players. Furthermore, there are a few well-established brand names such as The Linde Group, Honeywell, and Air LIquide S.A. that are making their presence felt in the U.S. industrial gas regulator market. These players enjoy a significant market share owing to their forward and backward integration in the ecosystem by providing integrated and turnkey solutions across various industries. Companies are working on product innovation and development to boost their market share. Some of the other prominent players operating in U.S. market are Chemicals Inc., Itron, Inc., and Praxair Technology, Inc.

Demand of Inert gas regulators is very high in U.S. It is made up of materials that prevent unwanted chemical reactions from taking place. Such kind of regulators are used in various types of industries like chemicals, food and oil & gas. The regulators used to maintain the flow and pressure of toxic gas are considered under the toxic gas regulators segment. The application of toxic gas is found across industries including chemicals, petrochemicals, refineries, coal and oil & gas. The regulators that are used in places where there is a need to maintain the flow and pressure for corrosive gases are covered under the corrosive gas regulators segment. Typically, such kind of regulators are made up of stainless steel.

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Rise in Demand for Industrial Gas Regulators in Oil & Gas, Chemicals & Energy, Manufacturing, and Automobile

Strong growth in sectors such as oil & gas, chemicals & energy, and automobile is driving the U.S. industrial gas regulators market. Significant expansion in these key sectors has been creating demand for industrial gas regulators in U.S. In recent years, the oil & gas industry revolution has surprisingly helped to increase the demand for this sector and is expected to continue to boost the market.

Abundant new supplies of oil and gas are strengthening midstream and downstream chemicals and energy manufacturing. Industrial gas regulators play an important role in controlling, monitoring, and maintaining the flow of gas and pressure in these sectors. Furthermore, advancement in automobile technology is leading to the development of automobiles that run on liquefied natural gas. This is also boosting the industrial gas regulator market.

Increase in Demand for Technologically Advanced Gas Regulators

Advancements in existing products and product innovation due to efforts undertaken by key players are other factors driving the market. These initiatives are resulting in the creation of products with high degree of operational ability, safety, and efficiency.

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Innovation in gas regulator technologies is expected to set a new standard in performance by changing the structure used in normal regulators with pistons in order to enable these to work at an increased frequency as well as improved and reliable pressure stability. Furthermore, increase in awareness about the advantages of industrial gas regulators is one of the prominent factors augmenting the U.S. industrial gas regulators market.

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Domestic Booster Pump Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

Transparency Market Research delivers key insights on the global domestic booster pump market. In terms of revenue, the global domestic booster pump market is estimated to expand at a CAGR of 8.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global domestic booster pump market report.

In the report, TMR predicts that the global domestic booster pump market would be largely driven by factors such as increasing household construction, and the demand for energy efficient pumps, along with their export across the globe.

In the domestic booster pump market report, the product segment includes single stage and multiple stage. Based on application, the market has been segmented into residential homes/flats and farm houses/cottages/guest house. In terms of distribution channel, the domestic booster pump market has been divided into DIY, wholesalers, and third party installers.

Rapid growth in acceptance of energy efficient pumps is expected to propel the growth of the domestic booster pump market in the future. The domestic booster pump market is widely fragmented. Large number of small, medium, and large companies operate in the market at the global and domestic level. Companies are focusing on offering innovative solutions to increase their market reach.

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Domestic Booster Pump Market: Prominent Regions

Asia Pacific is expected to remain a popular region in the domestic booster pump market, due to rapid growth in demand for water pumping solutions and penetration of multinational players in emerging countries such as India, China, Australia, and other Asian countries. This is anticipated to drive the domestic booster pump market in Asia Pacific at a lucrative growth rate in the future as compared to other regions.

Demand for domestic booster pumps in Europe and North America is estimated to expand at a significant pace in the near future, due to increase in demand for domestic booster pumps. The U.K., Germany, France, Italy, Russia, the U.S., and Canada are anticipated to be prominent markets for domestic booster pumps during the forecast period.

The market in South America and Middle East & Africa is anticipated to grow at a rapid rate in the coming years. GCC, South Africa, Brazil, Mexico, and Argentina are likely to be potential markets for domestic booster pumps.

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Major promising players are likely to focus on expansion of business by undertaking strategic alliances and merger & collaborations to strengthen their footprints in the global domestic booster pump market. Companies are expanding their business by supplying their equipment through several distribution channels. Companies are also focusing on offering cost effective innovative solutions to farmers to increase profitability for sustainable growth of businesses.

Domestic Booster Pump Market: Key Players

Key players operating in the global domestic booster pump market include KSB SE & Co. KGaA, Grundfos Holding A/S, Alfred Karcher GmbH & Co. KG, WILO SE, Franklin Electric Co., Inc., and Xylem Inc.

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Bearing Market Report: Top Companies, Trends and Future Prospects Details for Business Development

Transparency Market Research delivers key insights on the global bearing market. In terms of revenue, the global bearing market is estimated to expand at a CAGR of ~7% during the forecast period of 2020 to 2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global bearing market report.

In the report, TMR predicts that the global bearing market would be largely driven by growth of automotive and aerospace industries, which is expected to continue to boost the market during the forecast period. 

According to the bearing market report, the product segment includes ball bearing, roller bearing, plain bearing, and others. The demand for ball bearing is expected to rise at a higher pace at the global level. Light vehicle manufacturers are opting for ball bearings, which is one of the major market driving factors. Global light vehicle production is projected to increase in the coming years, as a result of its feature of consuming less fuel. Ball bearings are available at a lower cost in the global market. Furthermore, the compact nature of this product boosts its utility among end users.

In terms of material, the bearing market is divided into plastic, ceramic, and metal. The 52100 chrome steel is the most commonly used material to produce the load carrying components in precision ball bearings, roller bearings, and tapered roller bearings. This material is used in inner and outer rings, balls, and rollers. Companies purchase chromium steel material for bearings as it has the ability to improve the performance of the bearings. Chromium also increases its lifespan.

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Based on application, the market has been categorized into automotive, construction, aerospace, power transmission, oil & gas, agriculture, and others. The growth of the bearing market is related to the growth of the automotive and industrial sector. The increase in production of commercial vehicles is one of the key drivers of the bearing market. Increasing construction activities also encourages the growth of the bearing market. The automotive segment dominates the global market followed by construction and power transmission segments. The automotive segment accounted for the largest market share in 2020 and is expected to maintain its dominance in the coming years.

Various types of bearings used in automobiles include car hub unit bearings, truck hub units, belt tensioner units, water pump spindles, clutch release bearings, propeller shaft support bearings, propeller shaft centring bearings, suspension bearings, and free wheel clutches.

The growing production of vehicles globally is directly influencing the growth in demand for bearings used in automotive parts. According to the data released by the International Organization of Motor Vehicle Manufacturers (OICA), global production of passenger vehicles stood at 69 million units in 2018, registering a growth of 2.2% as compared to the previous year.

 Various bearing manufacturers are catering to this growing demand in the automotive sector. Considering these factors, the impact of this driver is currently high and is expected to remain so during the forecast period. Fast growing economies of the Asia Pacific region are stimulating the demand for bearings in the automotive segment. In 2018, the Asia Oceania region produced the highest number of motor vehicles and accounted for 52.5 million units.

As per distribution channel, the global bearing market is bifurcated into online and offline. North America is one of the key bearing markets where online sales are increasing at a higher pace. Majority of online sellers are third party e-Commerce players who provide discounted bearings. Rising number of e-Commerce players coupled with the quick product delivery feature is driving sales through the online channel.

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Bearing Market: Prominent Regions

Asia Pacific accounted for fastest growing share of the bearing market in 2019. Increasing demand from end user segments coupled with easy government rules and regulations for establishment of small & medium manufacturing units is expected to boost the market growth. Europe is the second largest market as a result of large number of automotive companies in the region.

Bearing Market: Key Players

Key players operating in the bearing market are NSK Ltd., Schaeffler AG, JTEKT Corporation, SKF, The Timken Company, MinebeaMitsumi Inc., NTN Bearing Corporation, Danaher, RBC Bearings Incorporated, and Rexnord Corporation.

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Posture Corrector Market Demand, Growth Factors, Regional Trends, Future Plans and Outlook

 

• Posture corrector, also known as back brace, posture aid, or posture supporter, is a device designed to limit the movement of the spine in case of fracture or during preventive measures against some progressive conditions.
• In other words, posture correctors are a kind of garment designed to support the neck, back, shoulders etc.
• A wide variety of posture correctors are flooding the market. They are available in a variety of sizes and designs to fit as per gender, age, height, and weight as well as lifestyle. Most of the posture correctors are made from lightweight and breathable material and does not irritate the skin.

Key Drivers of the Global Posture Corrector Market

• Increasing trend of perfecting the posture naturally is one of the prime factors driving the growth of the posture corrector market. Increasing millennial population and concerns about their children’s health has resulted in the growth of the posture corrector market. Additionally, rising back pain concerns is one of the major reasons for the growth of posture correctors. Increasing aging population is another key factor driving the growth of the posture corrector market.

Low awareness about the usage of posture correctors to hamper the growth of the market

• Posture correctors are often perceived to be a medical aid rather than an application for day to day use. The correctors are often utilized for medical reasons, especially by patients suffering from back, neck, and shoulder pain. Posture correctors are never a permanent solution and should not be used for a long period of time without medical advice at it tends to weaken the muscles, causing atrophy. All these factors are anticipated to hamper the growth of the posture corrector market.

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Increasing awareness regarding health benefits to offer attractive opportunities for the growth of the posture corrector market

• Awareness about posture correctors is relatively low in many North American and European countries. Acceptance of posture correctors in these regions is low compared to East Asian countries such as China and Japan where the acceptance rate of posture correctors is very high. Increasing awareness regarding the health benefits of posture correctors in many developing and emerging countries is one of the key opportunities for the growth of the market.

Growth Avenues for the Global Posture Corrector Market in Asia Pacific

• Geographically, the global posture corrector market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America and Europe have been slow in latching on to the trend of using posture correctors. This is specifically due to lack of awareness and health concerns associated with back issues.
• Asia Pacific on the other hand is one of the strongest contenders for the growth of posture correctors. China and Japan have major share of the market for posture correctors as consumers in these countries are more focused on health and fitness compared to other countries in the region.
• Other regions such as South America and Middle East & Africa have strong potential for growth in the posture corrector market.

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Key Players Operating in the Global Market

The global posture corrector market is highly fragmented with presence of many key global players along with many regional posture corrector manufacturers. A few of the key players operating in the global posture correctors market includes:

• Babaka
• BackJoy
• BodyRite
• eDila
• Hexaforms
• I&YBUY
• MARAKYM
• Swedish Posture

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