Ice Skates Market Value Projected To Surge Remarkably At Double Digit CAGR During 2020–2025

Ice skates are boots with blades attached to their soles. These boots are used to help the bearer propel across a sheet of ice. Ice skates were developed to travel on frozen surfaces by people residing in the cold regions of Europe. Earlier, ice skates were manufactured from horse, ox, or deer bones and the boots were attached to the feet of the skater with leather straps. Modern skates are available in different varieties depending upon the nature of the requirements and as per the skating activity.

Presently, ice skates are majorly used for sport, art, and leisure, whereas earlier they were employed as a means of locomotion. Ice skates have undergone tremendous technological and technical evolution in terms of design and manufacturing. The popularity of ice skating is a key reason that is fuelling the ice skates market.

Evolution of the sport of ice skating, domestically and internationally, has added to the pool of ice skaters. Regions which experience snowfall host ice skating events and competitions. Such activities lead to the adoption of ice skates. Ice skating is also popular in shopping malls and ice skating arenas where an icy area is created artificially for the purpose of ice skating. Ice skates are available in varied designs, features, and models.

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Demand for ice skates has increased significantly across the globe. Sports is the most prominent end-user of ice skates. Ice skating competitions is another major factor driving the demand for ice skates. Demand for both outdoor and indoor ice skating has risen in recent times, and the trend is expected to continue in the near future.

Manufacturers of ice skates focus on designing and manufacturing attractive and sturdy ice skates. Ice skates are manufactured and designed as per their area of application. Figure skates consists of a boot and a blade which is attached with screws to the sole of the boot. This type of skates are used by figure skaters. Hockey and bandy skates are used to play ice hockey.

Racing skates are used for speed skating on arenas an ice rink. Touring and recreational skates are used for leisure purposes. Europe witnesses a high demand for ice skates as the region experiences snowfall for a longer duration of the year as compared to the other regions of the world. Ice skates are used in artificially created skating arenas in regions that do not experience snowfall.

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The ice skates market can be segmented based on type and region. In terms of type, the ice skates market is classified as figure skates, hockey skates, bandy skates, racing skates, touring skates, recreational skates, and double runner. Based on region, the ice skates market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America. The report also provides country level analysis for each of the segments. The U.S., Canada, Germany, Italy, France, The U.K., China, Japan, India, Saudi Arabia, Africa, Brazil, and Argentina are included in the market study of ice skates.

The ice skate market is inclusive of a large number of regional and international players. The presence of a large number of players offers customers a wide range of choice. There exists a moderate to intense level of competition amongst the market players due to a large number of player operating in the ice skates market. Some of the key players operating in the ice skates market include CCM, BAUER Hockey, LLC., STX, Mylec, Easton Hockey, GRAF, Warrior, Eagle Hockey, Alanic International, GY Sports, Sinisalo, and Owayo.

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Smart Scales Market Set for Rapid Growth in the Forecast Period 2020–2030

 

• Smart scales are a technologically advanced system used for fitness and health tracking. It helps to monitor multiple biometric measurements including water percentage, bone density, and body fat percentage.
• Major players across the globe are introducing smart scales with unique materials and advanced technology that help users measure weight and other body composition metrics such as body fat, body water, and body mass index (BMI) in an app or online service that automatically helps to record the data. This is likely to drive the demand for smart scales in the coming years.

Rising Usage of Smart Scales

• Increasing awareness about the usage of technologically advanced scales among people is influencing end-users to opt for smart scales. Rising dependency of end-users across the globe on smart technology for regular tracking of their health and body weight is likely to drive demand for smart scales. In addition, increasing health concerns among consumers along with end-users switching to healthy habits of tracking their body composition metrics is expected to lead to the growth of the smart scales market in the coming years.

Presence of Alternative Solutions: A Key Restraint

• Easy availability of several alternative solutions at competitive prices across the globe is likely be a major barrier to the growth of the smart scales market. Users still find it difficult to sync different fitness devices. Increasing connectivity issues in smart scales may hamper the purchasing of smart scales. However, penetration of innovative products by key players in the market with multifunctional benefits is expected to create opportunities in the smart scales market. Advancement in technology and continuous improvement of products is expected to drive the smart scales market over the forecast period.

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Europe a Potential Market for Smart Scales

• The global smart scales 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 country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the smart scales market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The smart scales market in South America has been segmented into Brazil and Rest of South America.
• Europe is expected to remain a potential market for smart scales during the forecast period, owing to rising preference for smart technology in the past few years in the region.

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Key Players Operating in the Global Smart Scales Market

The global smart scales market is fragmented in nature, due to presence of a large number of global and regional players. A few of the key players operating in the global smart scales market are listed below:

• AWM Limited
• Bonso Electronics International Inc.
• EatSmart
• Fitbit Inc.
• Groupe SEB
• Johnson Measures and Weights Ltd.
• Leifheit AG
• Omron Healthcare Co. Ltd.
• Salter Housewares Ltd.
• Tanita Corporation
• Taylor Precision Products Inc.

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Industrial Separators Market Overview, End-User and Top Companies Analysis 2030

 

• Industrial separators are utilized in several industries to separate two miscible substances. Applications of industrial separators can range from algae harvesting to the removal of ultra-fine particles from gas or liquid. Separation equipment is crucial to deliver high-quality products in the food & beverage industry. Industrial separators play a major role in the production of beverages, starch, edible oil, protein, beer, etc. Liquid-liquid and solid-liquid separators are commonly employed in biotechnology, pharmaceutical, and food & beverage industries.

Key Drivers of the Global Industrial Separators Market

• High demand across end-use industries can be identified as a key driver of the global industrial separator market. Application industries such as oil & gas, food & beverage, and biotechnology are increasingly investing in separator equipment for improved and efficient separation operations. In the biopharmaceutical industry, centrifugal separators are utilized to handle a large volume of mammalian cultures. Furthermore, the equipment enables gentle cell handling with minimized risk of product contamination and cell lysis.
• Rise in demand for energy is prompting the oil & gas industry to focus on the expansion of production capacity. Advanced oil & gas extraction methods involve the use of separator equipment for effective separation and refining of the extracted mixture.

Centrifugal Separator Dominates Global Industrial Separators Market

• The centrifugal separator segment holds a major share of the global industrial separators market. Significant demand across end-use industries and frequent new product introductions are driving the segment. Key companies are designing standards as well as customized centrifugal separators for various application industries. Furthermore, the recycling industry is increasingly adopting centrifugal separators in wastewater treatment processes and polymer recycling.

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Impact of COVID-19 Pandemic on the Global Industrial Separators Market

The slowdown of economic activities due to the pandemic has reduced the demand for industrial separators across application industries. Complete or partial shutdown of manufacturing facilities has hampered the industry performance in terms of raw materials supply, on-site manufacturing, and after sale services.

Asia Pacific Market to Expand at a Substantial CAGR during the Forecast Period

• Based on geography, the global industrial separators market can be classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC)
• Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. The country-level analysis and forecast of the Europe market covers the industrial separators market in the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the industrial separators market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America industrial separators market is categorized into Brazil, and Rest of South America.
• Well-developed chemical industry and rising demand for food & beverages are identified as key drivers of the industrial separators market in Asia Pacific. Moreover, China holds a prominent share of the global chemical production with strong investment in R&D projects. Collaboration of individual chemical companies with government institutes and universities has been a key trend for the last few years, and is expected to offer lucrative opportunities for the industrial separators market.

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Key Players Operating in the Global Market

Development of reliable technology, a wide-reaching service network, and strong investment in product innovation are key strategies adopted by manufacturers of industrial separators. For instance, in April 2020, Alfa Laval launched a separator system, Alfa Laval CultureOne, for single-use processing in the biopharmaceutical industry. Additionally, key companies are partnering with international distributors and traders to reach global customers and expand their business across untapped markets.

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Key Storage Cabinets Market Overview, Growth And Forecast By 2030

 

• Key storage cabinets as the name suggests are cabinets used for storing keys. Key storage cabinets are used in many commercial, industrial, and residential sectors. They are made from different materials and come in a wide range of storing capacities.
• Based on purpose, many types of storage options are available in the market. Some of the examples are commercial key cabinet, industrial key cabinet, portable key cabinet, or any other locking key cabinet.
• The growing commercial sector and the trend of optimizing processes is likely to lead to demand for key storage cabinets during the forecast period.

Key Drivers and Opportunities of the Global Key Storage Cabinets Market

• One of the easiest ways of enhancing security in business is to get a key management system. It is a simple process that offers invaluable control and peace of mind to those worried about the ease of access many people have to their business. Key storage cabinets are a way of organizing the physical keys that allow people to gain entry to the premise and different parts of a business, which could be a safe or controlled area. Key management systems offer unrivalled control over who has access to the keys.
• Key storage cabinets provide an organized hanging space for keys. Each key cabinet incorporates screw fixed holes in the rear panel to facilitate wall mounting. They are an invaluable aid in managing and controlling a business. Key storage cabinets are mostly suitable for office and industrial applications. The motto behind installing a key storage cabinet is to make the storage process more organized and easily accessible, which in the end makes the place look clean and tidy.

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• Key storage cabinets offer many benefits. It limits access within a working space and also prevents the loss of unused keys. It also helps in knowing when keys are in use due to record-keeping and what areas are accessed, and when. With this small step, one can bring a lot of change to the management of a business. Key management systems offer an advantage to security within the business.
• Manufacturers are offering customized key cabinets as per consumer requirement. This gives consumers the authority of selecting the size, shape, and material for key storage cabinets. The global key storage cabinets market is expected to grow during the forecast period due to increasing security concerns and the need for hassle free operations.

North America to Hold Major Share of the Global Key Storage Cabinets Market

• In terms of geography, the global key storage cabinets market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• North America is expected to be the dominant region in the global key storage cabinets market due to the growing commercial and industrial sector. The market in Asia Pacific is expected to grow at a rapid pace due to emerging economies and process optimization trends. The Middle East and South America are experiencing growth in the residential sector, which is likely to help in driving the key storage cabinets market during the forecast period.

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Key Players Operating in the Global Market

Major players operating in the global key storage cabinets market include:

• Barska key safes
• FireKing Security Group
• FJM Security
• Homecom
• Kidde
• MMF Industries
• Phoenix Safe Reece Safety
• SentrySafe

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Shooting Ranges Market To Show Startling Growth During Forecast Period 2020–2030

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

In this market report, TMR predicts the increasing investment in shooting ranges across the globe to have a noteworthy impact on the overall shooting ranges market. Major defense forces are investing huge amounts to technologically enhance indoor and outdoor live fire training stations or shooting ranges to increase shooting efficiency of soldiers. This factor is also bolstering the growth of the shooting ranges market.

A shooting range is a premise, facility, or field designed specifically for shooter training, practice, or competitions. These are mostly operated by commercial spaces and military or law enforcement agencies in the form of outdoor and indoor spaces.

Key manufacturers of shooting ranges continuously focus on investment in research & development to introduce innovative solutions. Prominent players of shooting ranges are continuously engaging with their clients through customized solutions and after sales services. Likewise, the introduction of cost effective innovative solutions and advanced technology has forced manufacturers to focus on research and development to provide innovative products to the users. Additionally, the promotion of laser-based targets or virtual simulators in shooting range premises is projected to encourage the growth of the shooting ranges market in the upcoming years.

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The replacement of old ranges by technologically advanced shooting ranges for training of professionals, such as law enforcement, military, and security personnel, and other gun owners is likely to promote the shooting ranges market during the forecast period. In addition, end users having to meet government standards to maintain a safe environment in commercial and professional shooting range premises is encouraging owners to invest in innovative solutions, such as modular ranges, advanced components, and integrated solutions. This is also likely to drive the shooting ranges market in the near future.

In terms of type, the shooting ranges market has been segmented into indoor shooting ranges and outdoor shooting ranges. The indoor shooting ranges segment has been bifurcated into virtual simulators and targets. In recent years, the targets sub-segment is highly preferred by end users in shooting ranges for better shooting practice, which is likely to drive the market. Outdoor shooting ranges include moving targets and fixed targets.

Based on application, the shooting ranges market has been categorized into military and recreational. The rising preference for commercial shooting ranges by users for recreational activities, along with continuous investment in smart shooting solutions by defense forces for training of security personnel is fueling the growth of the shooting ranges market.

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Shooting Ranges Market: Prominent Regions

North America led the shooting ranges market in 2020, and the region is expected to retain its dominance during the forecast period. The rising preference for indoor and outdoor shooting ranges in developed countries, such as the U.S. and Canada is propelling the shooting ranges market. Apart from North America, Asia Pacific also significantly contributes to the growth of the global shooting ranges market. China, Japan, and India are considered major markets for shooting ranges in Asia Pacific. In addition, increasing participation of end users in shooting games, along with the presence of massive defense forces in the region is likely to create more demand for shooting ranges in Asia Pacific.

Shooting Ranges Market: Key Players

The competition landscape of the shooting ranges market is moderately fragmented with leading players accounting for majority of the revenue share. Key players operating in the global shooting ranges market include Action Target Inc., Laser Shot, Inc., InVeris Training Solution, Saab Training and Simulation, and Cubic Corporation.

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Aerospace Overhead Stowage Bins Market Enormous Growth with Recent Trends & Demand

Overhead bins have not yet reached the optimum level even they have grown in size over the years. One of the biggest problems in today’s airlines is that they lack overhead space. Airlines companies conveys OEM’s about the passengers grievances related to the lack of space on the overhead bins. The passengers seek for larger, safer and easier to use that are aesthetically good. Both Airbus and Boeing are working on new stowage bins by designing it in a way that is likely to accommodate additional number of roll aboard bags in the air plane. In 2010, Boeing introduced large pivot bins for its Sky interior that is used in smaller B737 fuselage.

Majority of the operators have developed comprehensive guidelines for passenger carry-on baggage that comprise maximum allowable baggage weight, size and quantity. Majority of the overhead stowage bin manufacturers along with OEMs are developing the bins that are large in size, light weight, aesthetically good and can accommodate additional number of roll aboard bags in the cabin of the air plane. Airbus and FACC AG jointly introduced a new modular pivot overhead stowage bin for A320 family that is likely to enhance the overhead stowage capacity and allows greater capability for up to sixty percent extra luggage.

The market is primarily driven by the factors like increasing demand of regional and commercial aircraft deliveries. Increasing passenger traffic globally is boosting the demand of regional and commercial aircraft deliveries. Another important driver in this market is the increasing share of wide body aircraft and commercial air fleet size during the forecast period. Profits growth in the commercial sector is likely to befuelled by operators replacing obsolete aircraft and better airframe production rates, an enhanced cycle for airlines, increasing demand of international passenger and millions of new people entering the middle class in developing countries.

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Advancement in technology is likely to be one of the important opportunities in the global aerospace overhead stowage bins market.

The global aerospace overhead stowage bins market based on aircraft type is bifurcated into narrow body aircraft, wide body aircraft, regional and very large aircraft. Wide body aircraft is one of the dominant segment in the global market.These aircraft are generally used for long-haul flights between major cities and airline hubs with voluminous passengers.

On the basis of bin type, the global aerospace stowage bin market is segregated into shelf bin, pivot bin and translating bin. Based on board type, the market is bifurcated into inboard overhead stowage bin and outboard overhead stowage bin. On the basis of fit type, the market is segmented into retro fit and line fit.

The geographical split of the global aerospace overhead storage bins market includes North America, Europe, Asia Pacific, Middle East and Latin America. North America accounts largest market revenue share and is expected to remain the dominant market during the forecast period followed by Europe and Asia Pacific. Presence of numerous commercial aircraft manufacturers is one of the factor bolstering the demand of aerospace overhead stowage bins market in North America.

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The supply chain of this market includes bin component manufacturers, overhead stowage bin manufacturers, raw material manufacturers,Airlines and Aircraft OEMs. The important aerospace OEMs are Airbus, Boeing, Embraer, Bombardier, Mitsubishi Heavy Industries and ATR.The key airliners are Delta Air, Lufthansa, Singapore Airlines and Air China.

Some of the major players in the global aerospace overhead stowage bins market includes FACC AG (Austria), Zodiac Aerospace (France), Jamco Corporation (Japan), Boeing Interior Responsibility Center (U.S.)and Aim Altitude (U.K.) among others. Collaboration with OEMs, long term contracts and new product development are the vital strategies implemented by the major players to increase competitive edge in the market.

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Military Electro Optical and Infrared Systems Market Regional Trends & Growth Projections 2025

Electro optical and infrared systems are the most essential part of military operations. These systems includes a broad assortment of discrete technologies that are centered on mission requirements and target acquisitions. The electro optical and infrared systems are used in diverse military applications like land-based, airborne and naval. Some of the airborne electro optical and infrared systems are observation systems, optic sights, night vision systems and helmet mounted displays. Land-based electro optical and infrared systems comprises weapon mounted sights, night vision goggles, vehicle mounted optronics devices, laser rangefinders, thermal imagersand designators. Naval based electro optical and infrared system comprises infrared imaging and detectors, thermal imagery systems, surveillance and tracking systems and optronics mast systems. These systems helps in the combat zone with enhanced visibility, targeting and tracking of enemy locations.

Increasing territorial disputes between countries leads to the increasing focus on naval warfare thereby driving different naval agencies to update the target acquisition proficiency of their existing naval platforms with improved Electro Optical and Infrared systems combat systems and sensors.

The military electro optical and infrared systems market is mainly driven by progresses in sensor technology, that has given rise to the solidification of proficiencies of the multi-sensor electro optical targeting pods, including target laser range finders, compass thermo graphic sensors, low-light television cameras and laser spot detectors. With broad changes in terms of manufacturing of subcomponents and components in Electro Optical and Infrared systems, the global military Electro Optical and Infrared systems market is likely to witness considerable growth during the forecast period.

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The rising preference for small unmanned aerial vehicles owing to their strategic benefits has driven technology providers to design contracted electro optical and infrared systems that are likely fixed with small unmanned aerial vehicles and are proficient of dissipating adequate heat without compromising on the performance of a contracted UAVs. Rising alarms about evolving cost-effective cooling technologies have amplified the opportunities for the cooled thermal imaging camera providers. It has also stimulated the propagation of Electro Optical and Infrared systems within the defense industry since the sensors used in thermal imaging cameras are likely to advance the surveillance capabilities and target detection of contracted UAVs.

The global military electro optical and infrared systems market based on platform type is bifurcated into air, land and naval. On the basis of system type, the market is bifurcated into targeting system, imaging system and electronic support measures. Based on sensor technology type, the market is segregated into scanning sensor and staring sensor. On the basis of imaging technology, the market is bifurcated into hyper spectral and multi spectral.

The geographical split of the military electro optical and infrared system market includes North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America is the leading market for military electro optics and infrared systems and accountedmaximum share in the market. But dropping defense expenditure is likely to lessen the market share during the forecast period. The U.S. is the leading market in North America owing to its huge expenditures on procurement and development of electro optical systems for different military platforms like armored vehicles, aircraft, naval vessels, UAV, helicopters and submarines. Most of the research and development for this technology is focused towards the expansion of lightweight, cost-effective and robust systems substantial for serious operations. Asia Pacific is the fastest growing region during the forecast period as China, India and Japan will increase the growth in the region during the forecast period.

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Some of the major players in the Electro Optical and Infrared systems market includes BAE Systems, Elbit Systems, Lockheed Martin, Raytheon, Thales, CONTROP Precision Technologies, DRS Technologies, General Dynamics, Harris, Israel Aerospace Industries,L-3 Communications and Saab among others.

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