Friday, 26 February 2021

Smart Breath Analysis Device (Breathalyzer) Market Dynamics, Drivers, Competitive landscape and Future Opportunities

 

  • A breath analyzer, or smart breathalyzer, is a device that detects the alcohol content present in the human body. Smart breath analysis device (breathalyzers) are mostly utilized for detect and measure the blood alcohol content (BAC) associated with alcohol and drug abuse cases. Moreover, smart breath analyzer is presently being widely used in the healthcare industry for detecting medical conditions of patients.
  • Smart breath analysis device is been evolving consistently, in terms of size, technology, and operational efficiency, in the last few years. These devices are currently embedded and integrated with technologies such as Wi-Fi and Bluetooth. These devices are also connected and synchronized with personal devices such as laptops, smartphones, and tablets. Compact smart breath analysis device enhance portability and enable users to connect them with multiple devices.
  • Smart breath analysis device is gaining popularity in hospitals and clinics in order to detect jaundice in babies, effectiveness of asthma drugs in patients, and lactose intolerance. Advancements in smart breath analysis device is helping the medical industry for early diagnosis of patients. Moreover, smart breath analysis device is also utilized in the detection of H. pylori infection and can also be used by consumers to track lung capacity and smoking cessation with the help of compact breathalyzers that can be paired with the user’s smartphone.
  • North America is expected to be a prominent market for smart breath analysis device (breathalyzer) due to the high crime rate in certain areas and stringent drug testing regulations implemented by governments in the region. Rising awareness about drug trafficking in Asia Pacific has prompted governments to implement stringent rules & regulations in the region. This is estimated to boost the smart breath analysis device (breathalyzer) market in Asia Pacific.

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Global Smart Breath Analysis Device (Breathalyzer) Market – Dynamics

Increasing laws and regulation by governments against alcohol and drug abuse

  • Rising incidences of drug and alcohol-related crime has fueled the demand for smart breath analysis device (breathalyzer), which can detect alcohol content in the body and help reduce such incidences. Increasing awareness about alcohol and drug abuse has prompted governments and regulatory bodies, such as the U.S. FDA and European Commission, to enact numerous laws. Moreover, rising integration of smart devices with breath analyzer devices is offering significant opportunity to the (breathalyzer) market. Additionally, innovative product offerings in medical applications are also expected to fuel the smart breath analysis device (breathalyzer) market in the near future.

Inaccuracy in results and hygiene concerns to hamper smart breath analysis device (breathalyzer) market

  • Advances in technology have also led to the development of devices that can trick or mislead breath analyze devices, thereby affecting the results obtained from these devices. This is projected to hamper the smart breath analysis device (breathalyzer) market.

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Key Players Operating in Global Smart Breath Analysis Device (Breathalyzer) Market

  • AK GlobalTech Corporation
  • Quest Products, Inc.
  • MPD, Inc.
  • Lifeloc Technologies Inc.
  • Intoximeters, Inc.
  • EnviteC-Wismar GmbH
  • Drägerwerk AG & Co. KGaA

Trading Software Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

 

  • trading software or platform facilitates the trading as well as analysis of financial products that includes stocks, futures, options, or currencies. Additionally, brokerage or trading firms provide their clients or customers with trading software to place trades and manage their trading accounts.

Impact of Coronavirus (COVID-19) on the Trading Software Market

Lockdowns across major regions (Europe, Asia, and North America) due to an increase in the spread of Coronavirus (COVID-19), has a negative impact on the trading software market.  Due to this pandemic situation, economies across the globe started shrinking and growth is declining. Countries ceasing almost all economic activities and shutting down businesses like stock market, etc.

Continuously Expanding Retail Trading Sector Driving the Global Trading Software Market

  • The global retail trading sector continues to expand, creating new opportunities for the trading software market. In addition, the retail trading sector is generating demand for technologically advanced trading software that are upgraded and updated regularly. The upgrades and updates are crucial because trading software is vulnerable to reverse engineering by competitors. For instance, the Securities & Exchange Board of India (SEBI) is planning to introduce strategic guidelines regarding the contribution of retail shareholders to trading software.
  • According to SEBI, some of the major trading software providers are still not involved in developing trading software tools for retail investors due to lack of rules. Thus, the new guidelines are also anticipated to drive the trading software market in the near future.

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  • The percentage of retail investors adopting trading software solutions in order to carry out trading in the stock market is rising steadily and is expected to increase at a higher rate during the forecast period.
  • Retail traders are extensively focused on adopting cloud-based trading solutions and platforms, as they help in maximizing resources, minimizing costs, and increasing productivity. This results in remarkable output of their trading activities.
  • Therefore, a continuously expanding retail trading sector worldwide is driving the trading software market.

Stringent Regulatory Guidelines for Trading Practices Expected to Hamper the Market

  • Worldwide, major financial service sectors have established their own regulations related to trading practices such as algorithmic trading and high frequency trading (HFT). Furthermore, regulators have taken several steps to increase their regulatory authority over automated trading activities. These regulatory activities set stringent regulations on automated trading practices, with the aim to reduce the market disorder when multiple fast exchange orders happen within a day. For instance, the regulatory environment for trading practices such as algorithmic trading and high frequency trading (HFT) are not favorable in some of the major countries such as China.
  • Therefore, stringent regulatory guidelines for trading practices is expected to hamper the trading software market worldwide.

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North America to Account for Major Share of the Global Trading Software Market

  • In terms of region, the global trading software 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 trading software market during the forecast period due to presence of leading players and robust performance of global trade in the region, indicating potential growth of the market in the region. Europe is expected to be the second largest market for trading software from 2020 to 2030.
  • Asia Pacific is projected to be a rapidly growing market for trading software during the forecast period due to growing implementation of cloud-based trading software across various industry verticals such as retail and energy, specifically in India, Japan, and China.

Key Players Operating in the Global Trading Software Market Include:

  • Ally Financial, Inc.
  • Charles Schwab & Co., Inc.
  • Coddle Technologies
  • E*TRADE Financial Corporation
  • Interactive Brokers LLC
  • Intercontinental Exchange, Inc.
  • Lime Brokerage LLC (LightSpeed)

Facilities Management Market In Depth Analysis (Covid-19 Impact) And Research Outlook 2025

The global facilities management market is moderately consolidated with the presence of several large players that operate globally and regional players that mainly operate in local markets. Large players are resorting to strategic partnerships with small vendors to expand their service offerings and to expand their geographical presence. Partnerships and alliances are also helping large vendors to provide bundled facilities management services with the objective to offer value-added and quality services to their clients. Bundled services not only helps drive efficiency and cost benefits for vendors, it helps improve long-term relationship between the client and service provider.

Key companies operating in the global facilities management market are Arthur McKay & Co. Ltd., Bilfinger HSG Facility Management GmbH, Bellrock Property & Facilities Management Limited, Broadspectrum (Australia) Pty Limited, and ISS World Services A/S among others.

As per a report by Transparency Market Research (TMR), the global facilities management market is projected to clock an impressive 13.8% CAGR between 2017 and 2024, for the market to be worth US$1887.19 bn by 2024. The opportunities in the market translated into a revenue of US$762.07 bn in 2017. By service type, soft services hold dominance with the segment anticipated to hold 62.3% of the overall market by 2024; the growth of soft services segment is mainly because of their growing demand in healthcare, corporate, and government sectors. In terms of industry, corporate segment holds prominence and the trend is estimated to remain this way through 2024. Attributed to the growth of business activities and service offerings, the corporate sector is anticipated to hold 24.0% of the overall market by 2024. North America, among key regions currently leads the facilities management market due to extensive availability of low-cost and high-quality facilities management service providers in the region.

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Government Statutes for Businesses to Curb Operational Costs Fuels Growth

Majorly fuelling the global facilities management market is reduction in operating costs for businesses. Economic burden on companies is increasing due to operational and maintenance costs. Facilities management service providers offer a gamut of services to support businesses. Large organizations and businesses outsource facilities management services such as maintenance, cleaning, and security, which allows them to focus on core business activities.

Excessive energy consumption accounts as additional operational costs for businesses. To address this, facilities management companies develop an integrated design for energy needs of businesses which helps reduce energy consumption and improve performance. This helps businesses reduce operational and maintenance costs.

Increasing government regulations in place to optimize energy consumption to curb carbon emissions and statutes for proper disposal of waste have compelled organizations to engage facilities management services. For instance, the Energy Policy Act of 1992 laid down by the federal government in the U.S. focuses on energy reduction and guidelines for the implementation of conservation measures. Facilities management service providers keep a log of emissions produced by businesses and develop an energy flow solution that is sustainable in the long run.

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Price Wars among Service Providers Hampers Market Revenue

On the flip side, increasing number of facilities management service providers due to potential of this market has led to price wars among these companies. Increasing presence of small vendors that deliver par excellence services at low prices has forced large companies to serve at competitive prices. This is impacting the revenue of the overall market.

Vibration Sensor Market Size to Grow with Stupendous CAGR | Key Driver and Growth Forecasts

According to a new research report published by Transparency Market Research (TMR) , the global vibration sensor market is expected to reach a value of ~ US$ 4.5 Bn by 2027, expanding at a CAGR of ~ 5% from 2019 to 2027. According to the report, the global vibration sensor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global vibration sensor market, with the vibration sensor market in the region expanding at a CAGR of ~ 5% between 2019 and 2027. 

Global Vibration Sensor Market: Overview

  • The last few years have seen significant rise in the awareness about predictive maintenance as well as safety in various high growth regions such as North America, Europe, and Asia Pacific.
  • This is attributable to the increase in the adoption of vibration sensors in several industry verticals. Vibration sensors are used to measure and analyze parameters such as linear velocity, displacement, and acceleration. These parameters are required to monitor machine health that further improves productivity as well as reduces maintenance cost. Also, the use of vibration sensors is increasing as machine condition monitoring plays an important role in improving the performance of machines. These factors have driven the demand for vibration sensors in Asia Pacific. Increase in the demand for vibration sensors in high growth regions is projected to directly increase the growth of the global vibration sensor market.

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Accelerometers Hold a High Share in the Global Vibration Sensor Market

  • The accelerometers segment was dominant, holding 71.46% share of the global vibration sensor market in 2018. The segment is anticipated to continue its dominance throughout the forecast period in the vibration sensor market.
  • Piezoelectric type accelerometer vibration sensors have large demand within various industry verticals.

Processing Industry Holds the Leading Market Share

  • The processing industry segment is anticipated to be a prominent segment in the global vibration sensor market throughout the forecast period.
  • The segment is projected to expand at a CAGR of ~ 5% from 2019 to 2027. This is primarily due to the high adoption of vibration sensors in processing industries such as food & beverages, metal & mining, and paper & pulp.

Asia Pacific to be a Highly Lucrative Market for Vibration Sensors

  • In terms of geography, the global vibration sensor market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Asia Pacific dominated the global vibration sensor market, holding 33.08% of the market share in 2018.

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  • The market in Asia Pacific is expected to expand at the CAGR of ~ 5% during the forecast period.
  • Growth of the vibration sensor market in Asia Pacific is attributable to the rising demand for vibration sensors for use in a wide range of applications in the region. These include condition monitoring, machine monitoring, industrial monitoring, medical instrumentation, sports diagnostic equipment, and military applications where wide bandwidth, small form factor, low power, and high performance are critical.

Vibration Sensor Market: Competition Landscape

  • With the objective of business expansion, several players operating in the global vibration sensor market are expanding their offerings through strategic mergers and acquisitions as well as partnerships. Furthermore, an increasing number of players are spending significantly on R&D activities to develop innovative and technologically-advanced vibration measurement solutions.

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  • Some of the prominent players operating in the global vibration sensor market are Honeywell International, Inc., TE Connectivity Ltd, Robert Bosch GmbH, ASC GmBH, MTI Instruments Inc., Keyence Corporation, Safran Colibrys SA, Hansford Sensors Ltd, National Instruments Corporation, and Analog Devices, Inc.

ESD Protection Devices Market Specifications, Classification and Industry Scope by 2026

The growth graph of the global ESD protection devices market is expected to trace an ascending trajectory in the years to follow. The electronics industry has witnessed rapid advancements and upgrades in these years, and manufacturers have an upper hand in terms of safety, performance, and resilience. These advancements in the electronics industry can be attributed to the development of resilient technologies that impart durability to the devices. Furthermore, electrostatic discharge (ESD) also ensures that electronic devices can function for long periods of time without the need for repairing the circuit. In light of the aforementioned factors, the total volume of revenues within the global ESD protection devices market is slated to escalate.

  • The circuit of an electronic devices is amongst the most important components that run the device. Several electronic engineers believe that the circuit blows life, mobility, and functionality into an electronic device. Henceforth, the global value of the ESD protection devices market is projected to touch new heights in the years to come. Electronic manufacturers are focusing on developing dedicated testing and servicing lines within their manufacturing units. This trend can be a gamechanger for the leading players operating in the global market. Apart from fostering innovation across the industry, these new units shall also be a means to popularise high-end electronic devices.

The manufacturing, repair, and overhaul (MRO) of electronic circuits can be a cumbersome and costly process. Therefore, manufacturers focus on using ESD protection to increase the life of a device. Furthermore, use of ESD protection helps in positioning the electronic devices in the high-end consumer segment. It is safe to expect that the development new and advanced supply channels and selling points for electronic devices shall given an impetus to market growth. Moreover, the trust developed by leading electronic companies shall also help in driving sales.

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Secondary research sources that are typically referred to include, but are not limited to: company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, ESD Protection Devices Market reports, news articles, press releases, webcasts specific to companies operating in the ESD Protection Devices Market, national government documents, statistical databases, ESD Protection Devices Market reports, and Factiva.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews conducted for each ESD Protection Devices Market segment and sub-segment across geographies. TMR conducts primary interviews on an ongoing basis with ESD Protection Devices Market participants and commentators in order to validate the data and analysis.

Primary interviews provide firsthand information on ESD Protection Devices Market size, ESD Protection Devices Market trends, growth trends, competition landscape, and ESD Protection Devices Market outlook. These help in validation and strengthening of secondary research findings. They also help develop ESD Protection Devices Market expertise and understanding of the analysis team.

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Global ESD Protection Devices Market: Competition Dynamics

The report includes well-established players such as Murata Manufacturing Co., Ltd., STMicroelectronics N.V., Texas Instruments Incorporated, Littelfuse, Inc., and Infineon Technologies AG. These players are focusing on new product development. For instance, in July 2017, STMicroelectronics N.V. introduced an innovative miniature single-line ESD protection device that offers high protection to small electronic objects. The product has a rapid clamp transient to a lower voltage level. It can also handle a peak pulse current.

Smart Water Meter Market Report: Top Companies, Trends and Future Prospects Details for Business Development

The demand within the global smart water meter market is rising on account of growing focus on water conservation across regional territories. The scanty levels of freshwater reserves across the world has generated a sense of alarm amongst the masses. Several international conferences and conventions have taken water conservation as an important agenda. Furthermore, global leaders have engaged in pragmatic discussion and debate to resolve the water crisis that surrounds the world. Several countries in Africa are feared of running out of ample water resources over the course of the next few decades. Therefore, the global smart water meter market is growing as the need for optimization of water resources gains swing.

  • Climate experts and environmentalists have predicted unfavourable patterns of rainfall over the next few years. Moreover, the growing dangers of acid rain have led conservationists to preserve the existing fresh water reserves. In this scenario, judicious usage of water across commercial, industrial, and residential domains has become a necessity. Smart water meters have emerged as an important technology that can change the way people consume water for their needs. These meters can help in measuring the requirements and usage of water across a particular locality during a given period of time. Smart water meters have been hailed as a central force that can foster sustainability across the planet.

The development of smart cities across leading countries and territories has given an impetus to the sale of smart water meters. These meters are a part of the robust, succinct, and globally accepted ecosystem that surrounds a smart city. Smart water meters can function in sync with several other technologies such as smart electric meters. The ability of municipal bodies to gather insights about water usage across a locality shall play a vital role in driving demand within the market.

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Secondary research sources that are typically referred to include, but are not limited to: company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, news articles, press releases, webcasts specific to companies operating in the smart water meter market, national government documents, statistical databases, market reports, and Factiva.

Primary research involved e-mail interactions, telephonic interviews, and face-to-face interviews conducted for each segment and sub-segment of the smart water meter market across geographies. TMR conducts primary interviews on an ongoing basis with market participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competition landscape, and market outlook. These help in validation and strengthening of secondary research findings. They also help develop market expertise and understanding of the team of analysts.

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Global Smart Water Meter Market: Competition Dynamics

The report includes well-established players such as Kamstrup A/S, Diehl Stiftung & Co. KG, Badger Meter, Inc., Itron Inc., and Sensus USA Inc. These players are focusing on enhancing their distributer network so as to enhance product reachability. For instance, in April 2018, Badger Meter, Inc. signed an agreement for acquisition of a distributor called Innovative Metering Solutions. The acquisition would help Badger Meter, Inc. in improving the utility customer satisfaction in the Southeastern U.S., as it helps in offering prompt technical as well as sales support whenever required.

Energy Efficient Lighting Technology Market Exploring Future Growth 2020-2027

Some of prominent names operating in the global energy efficient lighting technology market are Apple Inc., Bajaj Electricals Ltd, Bridgelux Inc., Cooper Lighting, Cree Inc., Digital Lumens, Inc., Eaton Corporation, GE Lighting, LIGMAN Lighting Co., Ltd, Nichia Corporation, and OSRAM GmbH.

Astute players in the global market for energy efficient lighting technology are focusing on developing sophisticated yet affordable environment-friendly, reliable lighting products to cater to the different requirements of customers. In fact, it has been noticed that already some companies are offering energy efficient lighting and control solutions with a variety of styles and functionalities that provide flexibility to design and business. In order to bolster their positions further, companies are also seen taking the inorganic route of mergers and acquisitions.

A report by Transparency Market Research forecasts the global energy efficient lighting technology market to attain a value of US$ 350 Bn by 2027 by rising at CAGR of 8.1% during the forecast period from 2019 to 2027.

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Depending upon the type of products, the key segments of the global energy efficient lighting technology market are incandescent lamp, light emitting diode (LED), arc lamp, and gas discharge lamps. Among them, the LEDs are predicted to rise at maximum pace on account of their soaring popularity resulting from their different customized shapes for both commercial and residential purpose.

Geographically, some of the main regions in the global energy efficient lighting technology market are Asia Pacific, Europe, South America, North America, and the Middle East and Africa. Of them, Asia Pacific is a key region in terms of contribution to overall revenue. This is because of the presence of a large number of manufacturers and the easy availability of raw materials in the region, which makes it possible to reduce costs and manufacture affordable products. The market in Asia Pacific is expected to retain its dominant position in the near future by pulling a revenue of US$100.86 Bn by 2027.

Ability to Save Electricity Buoys Demand

Energy efficient lighting technology is a clutch of energy efficient equipment, effective controls, and design structure used for lighting purpose. Not only do they serve to bring down energy consumption, but also illuminate effectively. With electricity production being limited and pollution levels rising by the day, such advantages are majorly fuelling demand in the global energy efficient lighting technology market.

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Mandates Egging Establishments to Adopt Energy Efficient Measures Boost Market

Mandates forcing residential, official, and commercial establishments to adopt energy efficient features and functionalities is also positively impacting the market. Further, emergence and popularity of smart buildings that use energy efficient lighting is stoking demand in the market too.

At present, the residential sector is driving most of the demand in the global market for energy efficient lighting technology. It is trailed by the government segment which is swiftly adopting such technologies in its premises, public places, and projects such as smart cities.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...