Fragrances Market: Key Strategies to Use to Dominate Globally 2020-2027

The rising trend of personal grooming has made way for the entry for exotic and luxury fragrances, which is expected to support rapid growth of the global fragrances market in years to come. In addition, increasing disposable income coupled with propensity to spend on luxury fragrances is expected to open up new avenues of growth for the market in the years to come.

In the recent times, fragrances have come up as an important business segment in the cosmetics and personal care industry. It has become an important product influenced by the growing popularity of personal care.

Product, application, distribution channel, and region are the four key parameters based on which the global fragrances market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.

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Global Fragrances Market: Notable Developments

One of the developments that provide a peep into the market dynamics of the global fragrances market is mentioned below:

• In March 2019, Subsidiary of Estée Lauder Companies, JO Malone London, has introduced a new set of perfumes in the market. These perfumes have been introduced under the banner ‘Wild Flowers & Weeds’ and come with five different fragrances. These fragrances are Lupin and Patchouli, Nettle and Wild Achillea, Cade and Cedarwood, Hemlock and Bergamot, and Willow and Amber. These new perfumes are expected to grab attention of the perfume lovers through their exotic fragrance.

Some of the key players in the global fragrances market comprise the below-mentioned:

• Natura Cosmticos SA
• Estée Lauder Companies
• Avon Products Inc.
• Elizabeth Arden, Inc.
• Louis Vuitton Moet Hennessy
• L’Oreal Groupe

Global Fragrances Market: Key Trends

The following drivers, restraints, and opportunities characterize global fragrances market over the assessment period, from 2019 to 2027.

Changing Consumer Preferences likely to Shape Contours of the Market

Constantly changing consumer preferences for personal care products is likely to shape the contours of the global fragrances market. Fragrances find extensive use in detergents, toiletries, soaps, household products, and cosmetics. Such varied uses is expected to encourage the growth of the global fragrances market over the period of projection, from 2019 to 2027. The use of fragrances is gaining traction due to increased demand for aromatic products amongst both men and women.

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Manufacturers of fragrances are making every effort to lure both prospective and existing consumers through development of new fragrances for both cosmetic and household products. It is expected that these new products would leave imprints on the minds of people. Furthermore, improved standard of living accelerates the demand for exotic fragrances over the period of projection. Market players are likely to experience augmented demand for natural fragrances, which is likely to drive the global fragrances market in near future. Relentless research in aromatherapy is estimated to result in different types of fragrances, which is likely to spur growth of the global fragrances market in years to come.

Furthermore, online sales channels for various household and personal care products with fragrances are estimated to open up new avenues of growth for the market. Utilization of online sales avenues to sell exotic fragrances is likely to work in favor of the global fragrances market. Several social media blogs and Vlogs about fragrances are further expected to shoot up the demand for fragrances over the projection tenure.

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Eco-friendly Furniture Market: Leading Segments and their Growth Drivers 2020-2030

Brands in all industries have been trumpeting on being eco-friendly across their value chain from sourcing to packaging to disposal after their end life. The drive for eco-friendly furniture market is on the back of this trend gathering momentum. The choice of eco-friendly furniture is becoming the norm not only in developed nations but also among people in developing regions.

The concept of eco-friendly has been expanding in scope for furniture manufacturers and buyers. The aim of proponents of eco-friendly furniture is to adopt materials and processes that put minimal impact on the environment. As a simple, plain concept that may imply that certified sustainable wood comprising reclaimed and natural materials are used in making furniture and accessories. In another vein, stakeholders in the eco-friendly furniture market reiterate the growing important of furniture that stay away from landfill, thus decreasing the burden on recyclability infrastructure.

In more expansive sense, it may mean responsible production practices may come under the ambit of earth-friendly products in the eco-friendly furniture market. Also, the concept includes the use of earth-friendly packaging and glues and varnishes used are eco-friendly.

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Eco-friendly Furniture Market: Competitive Analysis and Key Developments

The study provides a detailed assessment of the competitive scenario, focusing on dynamics that shape these dynamics such as entry barriers, intensity of competition, winning imperatives for established players in the eco-friendly furniture market.

Furniture brands that abide by sustainability are harvesting from sustainable wood materials and recycled goods to make home furnishings for their consumers. They are trying to meet the emerging trends and preferences of consumers who seek stylish and eco-friendly living spaces. Concurrently, several manufacturers are focusing on making furniture more resilient, tensile strength, and durability. Further, they are expanding their sales by tapping into the rising popularity of e-commerce channels.

The competition intensity might escalate in coming years, with the presence of top players in the eco-friendly furniture market. Some of the prominent furniture manufacturers are getting into partnerships with sellers who reclaim and upcycle furniture. Some of the well-entrenched players in the eco-friendly furniture market are Shenzhen Vincent Handicraft Co., Limited

Eco-friendly Furniture Market: Key Trends

Intensifying gesture toward environmental protection is a key driver for the consumer demand in the eco-friendly furniture market. Growing demand for eco-friendly furnishings for living rooms is one of the factors robustly boosting the uptake of eco-friendly furniture. The growing attraction of green housing projects among the millennial and generation Z consumers is spurring the popularity of eco-friendly furniture. In the wake of mass deforestation, green furniture options are expected to gain traction. Cradle-to-cradle design is one of the recyclable trends in the eco-friendly furniture market.

Demand for eco-friendly packaging and distancing from single-use plastics are key trends boosting the eco-friendly furniture market. The growing popularity of furnishings bereft if volatile organic compounds (VOCs) has bolstering the prospects. Over the past few years eco-friendly furniture market has made huge strides on the back of growing adoption of such furniture in offices and commercial spaces in developed and developing nations.

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Eco-friendly Furniture Market: Regional Assessment

Eco-friendly furniture market has been witnessing sizable opportunities in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Of these, North America has seen the trend gathering vast momentum on the back of consumers becoming more earth-conscious. Rising demand for eco-friendly residential constructions for families in developed regions is also spurring the overall prospects in the market. The constant entry of new players has also kept the North America increasingly lucrative.

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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Charger Market: High-growth Regions to Expand Geographic Footprint 2020-2030

Transparency Market Research delivers key insights on the global charger market. In terms of revenue, the global charger market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global charger market.

The global charger market is broadly affected by several factors, such as rise in demand for clean energy, development of transmission & distribution, and development of augmented reality, which is propelling the global market for chargers.

Charger Market: Dynamics

In terms of product, the charger market has been divided into conventional charger, fast charger, motion-powered charger, solar charger, timer-based charger, and others. The demand for conventional chargers is high at the global level. Mobile chargers accounted for highest volume sales. Based on type, the charger market has been bifurcated into fixed and portable. Fixed chargers are majorly used in the industrial segment. Mobile chargers are considered under the portable segment. Based on connectivity, the market has been classified into wired and wireless. Wireless charging segment is expected to expand with a higher share globally.

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In terms of voltage, the charger market has been categorized into below 24 V, 24 V – 48 V, 48 V – 60 V, 60 V – 120 V, and above 120 V. The demand for chargers of below 24 volt is higher at the global level. It has been observed that most mobile chargers are manufactured with voltage below 24 volts. In terms of application, the charger market has been split into personal use, retail, automotive, railways, energy & power, mining, industrial manufacturing, IT & data center, marine, telecommunications, infrastructure, oil & gas, and others. The personal use application segment accounted for a major market share. Rising mobile sales globally is driving market growth. Based on distribution channel, the charger market has been segmented into online and offline. The offline segment dominated the market in 2019, owing to the preference of consumers to experience the quality of the product physically before purchasing it.

Charger Market: Prominent Regions

Worldwide, Asia Pacific region accounted for a major share of the charger market, followed by North America, and the region is expected to continue its dominance during the forecast years, 2020 to 2030. This is due to the rising demand for innovative and new technology USB products such as portable speakers with USB charging ports, alarm clock with USB charging port, and LED indicators for charging, while sleeping that indicate the charging level.

The demand for chargers is anticipated to remain steady amid the ongoing COVID-19 pandemic. Although the production of chargers witnessed a slight decline in the first two quarters of 2020 due to stringent lockdowns, restrictions on transportation and cross border trade, and several barriers across the supply chain, the market growth is expected to gain momentum during the last two quarters. The significant decline in the supply of raw materials from China is critical in slowing down the manufacturing process during the first half of 2020. Market players are expected to focus on tapping into opportunities in the healthcare sector to gain a competitive edge.

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Charger Market: Key Players

Key players operating in the global charger market are Accutronics Ltd., Anker Innovations, ARB Accessories Pvt. Ltd., Chengdu Khons Technology Co. Ltd., Lzen Electronics, Omnicharge Inc., Platinet S A, Goal Zero LLC, Samsung SDI Co., Ltd., and Sony Corporation etc.

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Amphibious Landing Craft Market: Factors Helping to Maintain Strong Position Globally 2020-2030

The amphibious landing craft market may record substantial growth opportunities across the forecast period of 2020-2030 on the back of the advent of modern and advanced weaponry such as hypersonic missiles, directed energy weapons, and hypersonic rail guns. Furthermore, the growing number of casualties due to frequent terrorist attacks on soldiers is urging governments of various countries to upgrade their weaponry and this aspect may increase the demand for the amphibious landing craft market to a great extent.

The advantage etched to amphibious landing crafts such as higher payload capacity, less underwater obstacles due to sturdiness and durability, and others may serve as prominent growth boosters during the assessment period.

This report on the amphibious landing craft market offers expansive insights into the diverse growth factors related to geographical analysis, recent developments, and the competitive landscape. The report also provides an array of information to the stakeholder about the COVID-19 effect on the amphibious landing craft market.

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Amphibious Landing Craft Market: Competitive Aspects

The players in the amphibious landing craft market are focusing more on research and development activities to integrate heavy-duty and high-endurance materials for amphibious landing craft production. Manufacturers are also paying attention to the varied technological advancements and are upgrading accordingly. The new air-cushioned landing craft launched by Textron with additional range and payload capacity is a classic instance.

Some well-established participants in the amphibious landing craft market are Wetland Equipment Company, Griffon Hoverwork, L3 technologies, and CNIM, Textron Inc.

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Amphibious Landing Craft Market: Regional Prospects

North America may emerge as the largest regional growth contributor due to the vast spending on defense technologies by the U.S government. The countries in North America are also trying to expand their naval dominance. This factor may invite great growth opportunities for the amphibious landing craft market.

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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Industrial Robotics Market: Consumption, Sales, Production, and Other Forecasts 2020-2027

Industrial robots have a vital role to play in automation of industries, as several key operations are taken care of by industrial robots in several industries. Economic development in various countries offers promising growth opportunities to the global industrial robotics market. Rapid expansion of e-Commerce activities coupled with phenomenal growth of automotive and electronics industries is an added impetus to the global industrial robotics market.

Some of the renowned market players analyzed in the report on the global industrial robotics market are Yaskawa Motoman Robotics, Kawasaki Heavy Industries, Denso Corporation, Toshiba Machine Co., Ltd., Fanuc Robotics, and KUKA Robotics. The global industrial robotics market is projected to reach US$ 297 Bn by 2027. The market is likely to grow at a CAGR of ~9% from 2019 to 2027.

Growing Demand for Collaborative Robot to Drive Industrial Robotics Market

Collaborative robots are built to work alongside human beings through interaction in a shared workspace. Collaborative robots have the ability to automate the work easily and hence, are used in variety of applications such as packaging, pick and place, screw driving, assembly, lab testing, and quality inspection. Furthermore, collaborative robots help companies to enhance the production output with high levels of work safety, as these robots can perform repetitive work at a faster pace. Demand for collaborative robots is continuously on the rise in different industry verticals including retail, healthcare, automotive manufacturing, and several others, owing to their numerous benefits and associated applications. Several manufacturers operate in the industrial robotics domain such as Universal Robots, KUKA AG, and Franka Emika GmbH, who offer a wide variety of collaborative robots for various industries.

Extensive Deployment of Industrial Robots in Manufacturing Units Drives Market in North America

Based on region, the global industrial robotics market has been segmented into Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. Regional segmentations are likely to facilitate better understanding of market dynamics at play in each of the regions during the forecast period.

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According to the findings of the Association for Advancing Automation, around 27,294 robots were ordered in the first nine months of 2019. These robots were valued at around US$ 1.473 Bn. North America is likely to lead the global industrial robotics market in the coming years. Substantial reliance of North American manufacturing units on advanced and innovative technological solutions to generate high quality output at reduced cost is fueling the market. Increased implementation of advanced software programs to stay ahead of competition is responsible for growth of the industrial robotics market in North America.

Modern manufacturing facilities in North America substantially depend on new innovative technologies to produce higher quality products at high speed and reduced costs. Manufacturing facilities are implementing more intelligent software and hardware to survive in the current competitive scenario.

Likewise, Europe is also expected to account for a large share of the market. In 2017, around 170,000 robots participated in the production process of the automotive industry in Europe. Such high levels of robotic participation is a manifestation of the market prominence in the region.

According to TMR analysts, in terms of density of industrial robots, South Korea is estimated to retain its leading position during the assessment period.

High Cost of Human Labor to Bolster Demand for Industrial Robots

The expansion of the global industrial robotics market is stimulated by heightened activities in the factory automation sector. The global industrial robotics market is poised for considerable growth in the near future with the growing human-machine interaction together with cloud technology improving control of hardware.

High cost of deploying manual labor coupled with the cost incurred on health insurance, paid leaves, compensations, training, conferences, and promotions is a financial burden on companies. These factors that emerge with the employment of human labor are expected to pave the way for large-scale deployment of industrial robotics in the coming years. Unlike industrial robots, human labor is incapable of working in adverse conditions or in high-risk zones. Day-to-day completion of the same tasks leaves workers with a mutinous and dull feeling, which lowers productivity. More manufacturers are therefore utilizing industrial robots in view of these negative aspects of human labor.

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Furthermore, rapid growth in semiconductor and electronics industries has propelled the growth of the market. Both the industries are massive demand generators for industrial robotics.

Advent of artificial intelligence and digitization has made a marked difference in the performance of industrial robots with increased output and high quality. Shift in the automotive industry toward electric and autonomous automotive is generating considerable growth opportunities for the global industrial robotics market. The automotive manufacturing industry is another leading demand generator for industrial robots.

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C4ISR Market: Top Challenges to Face in 2020-2027

Governments across the globe are investing heavily in defense and military activities. With increasing terror attacks, changing war techniques, and increasing use of technology in crime has forced the government to get become tech-savvy. Therefore, they have started using C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) at a great level. C4ISR helps in tracking information from a vast range of systems from land-based radar to binoculars for observation and through various other means like communication satellites

Global C4ISR Market: Dynamics

With growing information and increasing crimes, C4ISR has benefitted governments across the globe. As and when its importance and usage is increasing, more and more players providing this facility are increasing. With the increasing number of players participating in the global C4ISR market has turned the market highly fragmented, and also increased the competition among the players. Players are further offering improved services and are using advanced technologies to provide better information. They are also engaged in mergers and acquisition, expansion, and collaboration to further extend their dominance in the market. Additionally, these players are not only concentrating in developed regions but are extending their services in developing regions as well.

With growing competition and innovating in the C4ISR market, this market is expected to attain valuation of ~ US$ 135.80 Bn by the end of 2027. This value can be only attained if the market rises at 3.68% CAGR between 2019 and 2027.

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Among the different types of components in the global C4ISR market, reconnaissance and surveillance are projected to lead the market over the projected forecast tenure. The growing use of advanced technology in warfare has encouraged the use of surveillance and reconnaissance. The role of reconnaissance and surveillance is becoming highly crucial in military activities, as the need to counter stealthy threats in an effective and timely manner in increasing.

Rising Government Funding Playing a Crucial Role

Increasing government funding is directly linked with better of the technology and services used in the military of any country. With growing developments and increasing investment in research and development activities will help in improving C4ISR systems that can be effect and affordable by other poor nations as well. The initiatives are likely to expand the growth opportunities in the global C4ISR market in the near future. Efforts are also being made in innovating and converting existing high power and bulky systems into more reliable and productive ones. Additionally, the reduction in the size of these systems will also help in minimizing the cost that will further drive the demand in this market. Having said that, these systems are retained until the previous technology becomes obsolete, and its replacement becomes essential, these steps restrict trade expansion, which can limit the scope of the market.

Global C4ISR Market: Prominent Regions

North America Advancing in the Global C4ISR Market 

Globally, North America is leading the global C4ISR market due to increased investment in developing the C4ISR system.  The growing expenditure by government organizations for research and development activities is the key reason behind the dominance of North America growth in this market. And the forthcoming years as well North America is likely to maintain its position. The country spends a huge amount of money on naval, airborne, and land development programs. To fast track work with each platform, the military is spending on C4ISR to enhance communication and operation between the troops and remotely operated personnel. These initiatives are also expected to have a positive impact on the market. Moreover, Europe is mostly likely to hold the second position in the global C4ISR market, due to the increasing contribution from Germany, Russia, and the U.K in the development of this system.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “C4ISR Market [By Platform – Airborne, Naval, and Land; By Components- Surveillance & Reconnaissance, Computer, Tactical Communication, Electronic Warfare, Command and Control, and Others] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027”.

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Air Quality Monitoring Equipment Market: Top Trends to Look for in 2020-2027

Transparency Market Research delivers key insights on the global air quality monitoring equipment market. In terms of revenue, the global air quality monitoring equipment market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global air quality monitoring equipment market.

Air quality monitoring equipment are used for monitoring the level of pollution present in the atmosphere. These equipment help in keeping a track of the pollution level and air quality in order to avoid fatigue, discomfort, and dizziness, which further hamper the overall productivity level. The global air quality equipment market is primarily driven by rising concerns pertaining to ill effects on air pollution on the health of citizens in addition to prompt efforts by governments of various countries to curb air pollution.

Based on type, air quality monitoring equipment are classified into indoor air quality monitoring equipment and outdoor air quality monitoring equipment. Among these, outdoor air quality monitoring equipment are largely being adopted, as these equipment are useful to monitor the level of pollution present in the atmosphere. Furthermore, based on application, the global air quality monitoring equipment market has been segmented into industrial, commercial, and residential. The industrial sector is increasingly adopting air quality monitoring equipment and governments of multiple countries are focusing on implementing stringent rules to reduce air pollution. This, in turn, is expected to boost the global air quality monitoring equipment market during the forecast period.

Air Quality Monitoring Equipment Market: Dynamics

Adoption of air quality monitoring equipment in smart city projects is growing. This is due to the emergence of smart cities, population, and increase in the number of vehicles. This has led to rise in air pollution. Thus, efficient management of air quality plays an important role in smart cities. Air quality monitoring equipment have been evolving led by the rising trend of Internet of Things (IoT). Air quality monitoring sensors used in large numbers in these equipment help in collecting a large volume of data related to air quality. This data is useful while making decisions pertaining to air pollution.

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Several smart cities across the globe are installing air quality monitors to evaluate air pollution. In 2019, in London (the U.K.) an air quality monitoring network equipped with a large number of air quality monitors was launched to improve the quality of air in the city. Thus, growth in the number of smart city projects across the world is expected to boost the demand for air quality monitoring equipment in the near future.

Moreover, demand for air quality monitoring equipment is rising worldwide, as a result of launch of a large number of air quality monitoring systems in several countries. For instance, in 2019, Jersey, a player based in the U.K., announced the launch of an air quality monitoring system that can collect real-time environmental data to help government agencies in curbing air pollution. Launch of new air quality monitoring systems across the globe is projected to drive the global market for air quality monitoring equipment during the forecast period.

Furthermore, India and the U.K. entered into strategic partnerships with each other in the year 2019 to build a comprehensive air quality monitoring system that can measure air pollution. This partnership would be leading to the installation of air quality monitoring systems in Bengaluru, India, to measure the air pollution level by collecting data from sensors. Additionally, several manufacturers are focusing on the development of technologically advanced air quality monitoring equipment to curb air pollution effectively. Furthermore, the demand for air quality monitoring equipment is rising among consumers for use in homes, owing to increased awareness about air quality monitoring at residential places and increasing adoption of smart buildings. This is expected to be a prominent factor propelling the global air quality monitoring equipment market during the forecast period.

Air Quality Monitoring Equipment Market: Prominent Regions

Asia Pacific is the dominant region of the global air quality monitoring equipment market. Growth of the market in the region can be attributed to growing adoption of air quality monitoring equipment in the industrial sector in the region. Air quality monitoring equipment are used in various sectors, which include industrial, commercial, and residential. Among these, air quality monitoring equipment are largely used in industrial applications such as power & utilities, construction, mining, and oil & gas. This is attributable to increasing awareness about monitoring of air quality among environmental protection agencies in various countries. Moreover, increasing number of air quality monitoring stations is expected to further drive the air quality monitoring equipment market in the region during the forecast period.

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Thus, rising adoption of air quality monitoring equipment in industrial applications is driving the demand for air quality monitoring equipment in Asia Pacific. Additionally, multiple manufacturers of air quality monitoring equipment operate in Asia Pacific, which are continually striving to develop technologically advanced air quality monitoring equipment. Thus, rising adoption of air quality monitoring equipment in the industrial sector is likely to boost the demand for air quality monitoring equipment in Asia Pacific between 2019 and 2027. The market in North America and Europe is estimated to witness significant growth during the forecast period, owing to high demand for air quality monitoring equipment in the industrial sector in these regions to keep a track of the pollution level and air quality. The air quality monitoring equipment market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Air Quality Monitoring Equipment Market: Key Players

Key players operating in the global air quality monitoring equipment market are Aeroqual, Ecotech, Vaisala, Teledyne Technologies Incorporated, Thermo Fisher Scientific, Inc., TSI Inc., Horiba Ltd., Siemens AG, Kaiterra, Chemtrols Industries Pvt. Ltd., Envirotech Instruments Private Limited, SV Tech Engineers, and VASTHI INSTRUMENTS Pvt. Ltd.

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