#U.S. Mobility aids and Transportation Equipment Market Forecast
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U.S. Mobility aids and Transportation Equipment Market size is estimated to reach $1.1 billion by 2027, growing at a CAGR of 4.6% during the forecast period 2022-2027.
👉 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://tinyurl.com/je88efmp
Report Coverage
The report: “U.S. Mobility aids and Transportation Equipment Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the U.S. Mobility aids and Transportation Equipment Market.
By Mobility Products: Manual Wheelchairs, Electric Wheel Chairs, Stairlift, Others.
By Age Group: Children, Adults, and Elderly.
By End User: Hospitals, Rehabilitation Center, Residential, and Others
#U.S. Mobility aids and Transportation Equipment Market Share#U.S. Mobility aids and Transportation Equipment Market Size#U.S. Mobility aids and Transportation Equipment Market Forecast#U.S. Mobility aids and Transportation Equipment Market Research#U.S. Mobility aids and Transportation Equipment Market Treads#U.S. Mobility aids and Transportation Equipment Market Application#U.S. Mobility aids and Transportation Equipment Market Growth#U.S. Mobility aids and Transportation Equipment Market Price
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Driving Efficiency: Innovating Fleet Management Solutions in the Digital Age
The global Fleet Management Market size was valued at USD 28.57 billion in 2023 and is projected to reach USD 80.67 billion by 2031, growing at a CAGR of 14.08% from 2024 to 2031.
This comprehensive research study on the global Fleet Management market offers detailed analyses of market trends, prominent drivers, and future growth prospects, providing readers with an extensive understanding of the market environment necessary for informed business decisions. Covering various aspects such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants, the report equips stakeholders with actionable insights.
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Market Forecast and Trends
Precise market forecasts and identification of emerging trends enable stakeholders to anticipate the industry’s future trajectory and develop strategic tactics accordingly, providing a competitive edge in a dynamic business landscape.
Regional and Segment Analysis
The study facilitates industry participants in identifying high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information aids in devising effective marketing strategies and product lineups tailored to the preferences and needs of diverse target audiences across major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Investment and Expansion Opportunities
The research report unveils prospective areas for investment and business growth in the global Fleet Management market, enabling strategic decision-making for readers seeking to expand into new markets or introduce new products.
Competitive Analysis
In-depth competitive analysis profiles major market competitors and evaluates their strategies, weaknesses, and market shares. Insights into top business strategies employed by key players such as partnerships, alliances, mergers, acquisitions, product innovations, and development empower industry participants to benchmark their businesses against rivals and devise winning strategies for market differentiation.
The major players in the Fleet Management Market are:
Samsara Inc.
Freeway Fleet Systems
Teletrac Navman US Ltd
Bridgestone Mobility Solutions B.V.
MICHELIN Connected Fleet
VERIZON
Geotab Inc.
Omnitracs
Trimble
ZF Friedrichshafen AG
Reasons to Purchase This Report:
Futureproof Decisions: Gain precise market forecasts and identify emerging trends to confidently navigate the future of the Fleet Management market.
Competitive Advantage: Outperform rivals with a comprehensive competitive analysis, revealing their strategies and market share.
Growth Catalysts Exposed: Uncover the key factors driving market expansion and leverage them to propel your business forward.
Profitable Opportunities: Pinpoint high-growth regions and lucrative market segments through in-depth regional and segment analysis.
Investment Guidance: Strategically plan investments and expansions in the global Fleet Management market with insights on potential growth areas.
Informed Decisions: Utilize precise market forecasts and in-depth analysis to make data-driven business decisions.
Market Expertise: Deepen your understanding of market trends and growth drivers for a comprehensive market landscape overview.
Actionable Insights: Gain practical takeaways from the report's competitive analysis, market sizing, and future projections.
The global Fleet Management Market is Segmented as:
By Industry
Logistics & Transportation
Retail
Construction
Oil, Gas & Mining
Government
Others
By Fleet Type
Commercial Fleets
Passenger Fleets
By Component
Solution
Service
By Region
North America
U.S.
Canada
Mexico
Europe
France
U.K.
Spain
Germany
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
North Africa
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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Narcotics Scanner Market Future Trends and Opportunities
The global narcotics scanner market size was USD 6.20 billion in 2020. The market is projected to grow from USD 6.32 billion in 2021 to USD 9.92 billion in 2028 at a CAGR of 6.64% in the 2023-2028 period.
Information Source-
Competitive Landscape
Introduction of Advanced Screeners to Boost the Narcotics Scanner Market Growth
Leading developers of narcotics scanners are focusing on launching advanced and sophisticated screening devices to support drug control operations of law enforcement agencies. These companies are also making targeted investments towards expanding their global market footprint by introducing next-gen scanners in emerging economies.
List of Key Players Covered in the Narcotics Scanners Market Report
Metrohm India Private Limited (India)
Smiths Detection Group Ltd (The U.K.)
LaserShield Systems Inc. (The U.S.)
Aventura Technologies Inc. (The U.S.)
Bruker Corporation (The U.S.)
Chemring Group PLC (The U.K.)
Leidos Holdings, Inc. (The U.S.)
Safran SA (France)
FLIR Systems Inc. (The U.S.)
OSI Systems Inc. (The U.S.)
Segmentation
By product type, the market’s segments include handheld scanners, tabletop scanners, and walkthrough scanners. Based on technology, this market is divided into ion mobility spectrum technology, contraband detection equipment, and video scope inspection system. On the basis of end-use industry, the market has been grouped into airports, law enforcement, defense & military, public transportation, and others. In terms of geography, the market has been segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
What Does the Report Offer?
The report contains a rigorous study of all factors and trends driving and shaping the size, share, and revenue of the market. Further, the report supplies a microscopic examination of the hindrances obstructing the growth of the market, as well as provides a careful analysis of the market segments. Additionally, a detailed assessment of the competitive landscape and regional prospects of the market are also incorporated into the report.
Driving Factor
Illicit Production & Distribution of Drugs amid COVID-19 to Bolster Market Growth
The COVID-19 pandemic has had catastrophic economic consequences, pushing millions of people, who were on the brink of poverty and deprivation prior to the pandemic, over the edge. UNODC’s World Drug Report 2020 states that economic hardship triggered by the coronavirus may lead to a large number of people resorting to illegal drug-related activities to secure their livelihoods. Furthermore, the same report also highlighted that drug markets have grown and expanded in Asia Pacific, particularly Southeast Asia, remaining relatively unaffected by the pandemic. The coronavirus has, therefore, heightened the need for narcotics scanners as smugglers are finding new routes to traffic contraband substances across borders. For example, the UNODC reported a significant increase in the usage of maritime routes to smuggle heroin into Europe amid the pandemic, as trafficking via land routes has become riskier in recent times. Thus, rising drug production and supply activities in the midst of the current health crisis will necessitate the deployment of effective technologies, which favors this market.
Regional Insights
Stringent Border Controls in the US to Aid the North America Market
North America is expected to dominate the narcotics scanners market share during the forecast period due to the growing stringency of border checks in the US. Law enforcement agencies across the US have been utilizing the capabilities of new-age screening technologies to prevent the illegal peddling of drugs, especially from Mexico, in the country. The thriving underworld drug industry in Asia Pacific has forced authorities in this region to rapidly deploy drug-detecting devices, such as narcotics scanners, and curb trafficking activities. In Europe, the high rate of drug smuggling from Central Asia and North Africa will escalate the demand for drug analyzing tools and technologies in the coming years.
Industry Development
June 2020: Viken Detection announced an initiative called VALOR, an acronym for Viken Assisting Law-enforcement in the Opioid Response. Under this program, the company will provide its HBI-120 handheld X-ray imagers to local police departments for free or at very low costs to aid their efforts in fighting the country’s opioid epidemic.
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Cranes Rental Market is Poised to Achieve Continuing Growth During Forecast Period 2023-2032
Cranes rental market is anticipated to grow at robust rate between 2023 and 2032 owing to the increasing demand for hybrid and electric models and low-level access machines to be used in infrastructure and maintenance activities. Swiftly changing technology and regular product launches are also increasing the scope of the market.
In addition, cranes rental services are widely applied to save time in project completion, on-site setup, and transportation. Besides, there are several crane rental firms in the market, who offer professional installation and maintenance services. This enhances renting convenience with users, which will further contribute to the prospect for cranes rental market.
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Based on product, the cranes rental market is characterized by the mobile crane segment. Across the segment, the market valuation is likely to be driven by the growing demand for truck loader cranes. Its high lifting capacity and lacing with stabilizers aid in keeping the crane steady while lifting heavy loads. Truck-mounted cranes can quickly load and unload without any additional lifting equipment, making them a desirable solution in mining and construction industry.
In addition, the gantry cranes demand will also expand due to benefits like custom heights, mobility, and capacity strength. Their designs are simple and can be easily used in various buildings.
On the basis of application, the cranes rental market has been subdivided into construction & mining, utility, oil & gas, manufacturing, and transportation. Among these, the manufacturing segment is expected to grow at over 3% CAGR over the analysis timeframe. In the production lines and manufacturing units, the demand for rental cranes will increase in the upcoming times. These cranes are agile, easy-to-use, and cost-effective and can be used for lifting operations like raw material pre-fabrication, manufacturing of parts, assembling, heat treatment and grinding, and shipping.
In the regional context, the market has been fragmented into North America, Asia Pacific, MEA, Europe, and Latin America. Among these, the Europe cranes rental market is experiencing a gradually increasing demand for low or zero emission equipment. This is facilitated by stringent emission regulations, like the European Stage V for heavy machinery, which is encouraging manufacturers, contractors, and project managers to adopt advanced low-emission equipment.
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The cranes rental market is highly fragmented and there are a huge number of small and large companies, which work on both regional as well as on global levels. The small ones generally operate with a few locations across a few states. But there are public companies, that operate on national and global level.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 COVID-19 impact
1.4.1 North America
1.4.2 Europe
1.4.3 Asia Pacific
1.4.4 Latin America
1.4.5 MEA
1.5 Data Sources
1.5.1 Primary
1.5.2 Secondary
1.5.2.1 Paid sources
1.5.2.2 Public sources
Chapter 2 Executive Summary
2.1 Crane rental market 360º synopsis, 2018– 2032
2.2 Business trends
2.2.1 Total Adressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Product trends
2.5 Application trends
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#Cranes Rental Market Analysis#Cranes Rental Market by Type#Cranes Rental Market Share#Cranes Rental Market Development
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Bariatric Transport Wheelchairs Market to Undertake Strapping Growth at CAGR of the End 2027
The report titled “GlobalBariatric Transport WheelchairsMarket: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Bariatric Transport Wheelchairs market in terms of market segmentation by technology, by BMI classification and by regions.
The global bariatric transport wheelchairs market is segmented by technology into manual and automated; by BMI classification into overweight, class I obesity, class II obesity and class III obesity and by regions. Bariatric Transport Wheelchairs Market is anticipated to mask a CAGR of 7.6% during the forecast period i.e. 2018-2027.
Currently the global bariatric transport wheelchairs market is observing vibrant growth on the back of increasing demand of obese mobility aids in the market. Advances in healthcare industry in the past few years and growing technological explorations is projected to drive bariatric transport wheelchairs market besides the increase in disposable incomes across developing and developed countries around the globe during the forecast period.
As a developed region with growing busy lifestyles and increased unhealthy and packaged food consumption, North America is panned to observe significant bariatric transport wheelchairs market growth during the forecast period. North America is followed by Asia Pacific in terms of utility on account of expanding bariatric transport wheelchairs requirements in populations with body mass index more than 25.0 due to rising carbohydrates intake. Europe is expected to drive the demand and positively impact bariatric transport wheelchairs market growth over the forecast period owing to increasing bariatric transport wheelchairs application for mobility and daily living versatility of obese population.
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Growing Applications on Account of Changing Lifestyle Habits
Increasing obese population due to rise in adoption of sedentary lifestyle, extensive consumption of unhealthy food and beverages, increasing incidences of hormonal imbalances and increased carbohydrates absorption is estimated to propel the bariatric transport wheelchairs market robustly during the forecast period.
Rising Disposable Income
Increasing personnel disposable income with a huge rise in the healthcare spending plans of United States, India and China are serving as a noteworthy driving element of the bariatric transport wheelchairs market.
However, cost constraints associated with these transport wheelchairs is one of the chief limitations affecting the global bariatric transport wheelchairs market as due to this people are not able to afford such costly equipment, especially in the developing countries. Furthermore, low acceptance rate with lack of skilled staff or care givers to this segment of the population due to social stigma is also restraining the market growth of bariatric transport wheelchairs.
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Medical Equipment Rental Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022 - 2027
Medical Equipment Rental Market size is estimated to reach $5.1 billion by 2027, growing at a CAGR of 4.17% during the forecast period 2022-2027. Medical Equipment Rental is one of the rapidly developing rental industries and one of the excellent methods to acquire modern and up-to-date Healthcare Equipment without expending much money to keep up good health. Durable medical equipment is any medical equipment utilized at home to assist in a superior quality of living. It is again contained in most insurances. Durable medical equipment (DME) rentals are inclusive of portable oxygen concentrator, wheelchair, ramp, CPAP ventilator, home hospital bed, and mobility scooter. Therapeutic devices are of two kinds as follows: those that help a patient in their everyday actions, and those that help medical personal in transferring therapeutic services. Patient assistive devices are inclusive of hearing aids and visual aids. The Global Harmonization Task Force (GHTF) was established in 1992 and is an informal grouping that was shaped to respond to the developing requirement for the international harmonization of regulations in medical devices. Medical Equipment has sometimes termed armamentarium and is targeted to assist with medical diagnosis, monitoring, and treatment. The proliferating technological progress in armamentarium and therapeutic devices is set to drive the Medical Equipment Rental Market owing to the surging preference of hospitals and medical professionals for medical equipment renting rather than purchasing emerging instruments. The budgetary restraints and financial issues of hospitals and other healthcare establishments are set to propel the growth of the Medical Equipment Rental Market during the forecast period 2022-2027. This represents the Medical Equipment Rental Industry Outlook.
Report Coverage
The report: “Medical Equipment Rental Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Medical Equipment Rental Market.
By Product Type: Durable Medical Equipment (Acute Care, Long-Term Care, Emergency And Trauma Care), Surgical Equipment, Personal Mobility Devices, Electronic/Digital Equipment, Storage And Transport Devices.
By End-User: Hospitals, Personal/Home Care (Chronic And Geriatric Patients, Preventive Care/Monitoring, Short Term And Outpatient Care), Institutional (Medical Research Laboratories/Institutions), Others.
By Geography: North America (U.S, Canada and Mexico), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), and Rest Of The World (Middle East, Africa)
Key Takeaways
Medical Equipment Rental Market Segment Analysis – By Product Type:
The Medical Equipment Rental Market based on product type can be further segmented into Durable Medical Equipment, Surgical Equipment, Personal Mobility Devices, Electronic/Digital Equipment and Storage And Transport Devices. The Durable Medical Equipment Segment held the largest market share in 2021. This growth is owing to the extensive utilization of rented manual wheelchairs, hospital beds, traction equipment, pressure mattresses, and patient lifts. The surging application of rented therapeutic devices like insulin pumps in the treatment of incessant ailments like diabetes is further propelling the growth of the durable medical equipment segment.
Furthermore, the Personal Mobility Devices segment is estimated to grow with the fastest CAGR of 4.9% during the forecast period 2022-2027 owing to the ready accessibility of technologically progressive, compact, and portable mobility devices like powered wheelchairs which are also therapeutic devices.
Medical Equipment Rental Market Segment Analysis – By End-User:
The Medical Equipment Rental Market based on end-user can be further segmented into Hospitals, Personal/Home Care, Institutional, and Others. The Hospitals segment held the largest market share in 2021. This growth is owing to the increased renting of medical equipment including therapeutic devices during these troubled times of economic downturn in the wake of the COVID-19 pandemic wherein equipment procurement has been replaced with renting. The enormous patient pool and the surging government reforms encouraging the utilization of progressive healthcare infrastructure are further accelerating the growth of this segment. Proliferating requirements for liquefying frozen capital in conjunction with surging issues concerning ineffective capital deployment is further propelling the growth of this segment.
Furthermore, the Personal/Home Care segment is estimated to grow with the fastest CAGR of 5.1% during the forecast period 2022-2027 owing to the expanding predominance of incessant ailments like diabetes requiring application of therapeutic devices like insulin pumps in conjunction with the growing population of the elderly.
Medical Equipment Rental Market Segment Analysis – By Geography:
The Medical Equipment Rental Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Medical Equipment Rental Market) held the largest share with 39.2% of the overall market in 2021. The growth of this region is owing to the soaring concentration of key players like US Med-Equip, Inc. The current economic slow-down, the increasing population of the elderly, the rising predominance of incessant ailments requiring durable medical equipment, and the extensive government initiatives to control spend on healthcare are further propelling the growth of the Medical Equipment Rental Market in the North American region.
Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like an enormous patient pool resulting in great demand for affordable healthcare equipment. The augmented population of the elderly in conjunction with the proliferating initiatives of the government to increase the affordability and availability of therapeutic devices is further fuelling the progress of the Medical Equipment Rental Market in the Asia-Pacific region.
Medical Equipment Rental Market Drivers
Durable Medical Equipment Innovations On Rent Are Projected To Drive The Growth Of Medical Equipment Rental Market:
Firms are financing the development of durable medical equipment. The giant wave of innovation is occurring with connected medical devices that permit patients and healthcare professionals to supervise advancement. Glutrac is a smart wearable for non – invasive glucose supervision. It assesses signals from human bodies with optical sensors of distinct wavebands and accumulates data utilizing four supervising techniques and then develop large data-powered models for individual users to measure users blood glucose levels depending on Artificial Intelligence (AI) and deep learning. Glaukos’s iStent Inject is planned to minimize intraocular pressure securely and efficiently in patients who have been diagnosed with primary open-angle glaucoma, pseudo-exfoliative glaucoma or pigmentary glaucoma. These kinds of innovative durable medical equipment on rent are fuelling the growth of the Medical Equipment Rental Market during the forecast period 2022-2027.
Increasing Rentals Of Therapeutic Devices Are Expected To Boost The Demand Of Medical Equipment Rental:
Therapeutic devices are usually of two kinds as follows: those that help a patient in their everyday activities and those that help medical personal in transferring therapeutic services. Patient assistive devices are inclusive of hearing aids, visual aids, canes, walkers, or any other appliance that permits patients to carry out tasks they otherwise would not be able to do owing to a physical restraint or disability. Examples of therapeutic devices utilized by medical personnel involve oxygen delivery systems, catheters, intravenous lines, and physical therapy equipment. Patient assistive therapeutic devices like canes, crutches, and wheelchairs are increasingly available on rent. Oxygen concentrator and Wound Vacuum-Assisted Closure (VAC) are also available on rent. The surging rentals of therapeutic devices are driving the growth of the Medical Equipment Rental Market during the forecast period 2022-2027.
Medical Equipment Rental Market Challenges
Non-Adherence Of Rented Medical Equipment To Nationally Identified Quality And Patient Security Standards Is Hampering The Growth Of The Medical Equipment Rental Market:
The hazard that directly affects patient care is that third-party rental providers are not needed to follow the identical high-level, nationally identified quality and patient security standards as makers. This is a crack that is appalling and anonymous. In contemporary healthcare surroundings — where tiny determinants play a large role in clinical quality, patient security and even reimbursement rates — there is just zero room for hazard. There is no concept of a hurtless shortcut. Yet the disquieting practicality is that while a chosen few rental vendors presently self-adhere to crucial, risk-reducing ISO 13485:2016 standards for their medical equipment administration, almost all are either not certified or are certified to a less binding ISO 9001:2015. In reality, this means that crucial life-rescuing medical devices may not be kept up to the anticipated standards— which may result in poor performance or even equipment collapses that endanger patient security. This issue is hampering the growth of the Medical Equipment Rental Market.
Medical Equipment Rental Market - Landscape:
Progressive devices targeted towards superior healthcare services, optimum capital utilization, mergers and acquisitions, agreements, partnerships, collaborations, joint ventures, regional expansion, and R&D activities are key strategies adopted by players Market. Medical Equipment Rental top 10 companies include:
Med One Group
AGITO Medical A/S
Hill-Rom Holdings Inc.
Woodley Equipment Company Ltd
Westside Medical Supply
Nunn’s Home Medical Equipment
Siemens Financial Services, Inc.
Universal Hospital Services, Inc.
3M Company
US Med-Equip
Acquisitions/Product Launches:
In September 2021, shares of Hill-Rom Holdings HRC rallied 4.7% at the closing of the previous day, after it secured a merger deal with medical device major, Baxter International BAX. The hospital-bed manufacturer decisively consented to be gained by Baxter for a total equity value of nearly $10.5 billion and a total enterprise value of near;y $12.4 billion, inclusive of the assumption of debt. The final purchase price, depicting $156 a share of Hill-Rom from the authoritative agreement, implies a 26% premium to Hill-Rom’s closing price of Jul 27.
In April 2021, Hillrom declared principal technological advances to its market-leading physical evaluation appliances with the introduction of the novel Welch Allyn® PanOptic™ Plus Ophthalmoscope and the Welch Allyn® MacroView® Plus Otoscope. The novel appliances depict advances that develop over 100 years of the innovation of the firm in physical evaluation appliances and a novel standard of care in exam rooms. The novel Welch Allyn MacroView Otoscope is characterized by a novel, one-of-a-kind, LumiView clear ear speculum, with four times the brightness by way of an adult speculum in comparison with a standard ear speculum.
In January 2021, Hillrom declared that it has arrived at an authoritative agreement to gain Bardy Diagnostics, Inc. (BardyDx), an innovator in digital health and a chief provider of ambulatory cardiac supervising technologies. Under the terms of the agreement, Hillrom will buy BardyDx for a cash consideration of $375 million and forthcoming possible payments based on the accomplishment of some commercial milestones. Hillrom is also obtaining net operating losses valued at over $20 million that are anticipated to lead to forthcoming tax gains.
#Medical Equipment Rental Market share#Medical Equipment Rental Market size#Medical Equipment Rental Market forecast
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Low Code Development Platform Market 2017 to 2027 – Market Share, Growth, Industry Segments, Competitor Landscape, Key Players, Trends and Forecasts
Low Code Development Platform Market Highlights:
As per the analysis by the Market Research Future Reports (MRFR), the global low code development platform market is estimated to grow at a CAGR of 32% during the forecast period from 2017 to 2023. There has been an increase in demand for software solutions and innovative applications due to enormous investment from the developed countries in the I.T. firms. The rising demand for apps for the business processes and rising number of application programming interface (API) offerings by the solution vendors are likely to be the important factors escalating the low code development during the review period. Besides, the perpetual evolution in the digitalization of I.T. firms has also aided considerably in the expansion of the global low code development platform market 2020.
The low code development provides no coding techniques or low techniques, which lessens expenses and investment of time for the Low Code Development Platform Market, which is of great benefit to the organizations. However, the customization based apps for the business organizations are likely to be a challenging factor for the low code development market during the forecast period from 2017 to 2023.
The COVID-19 pandemic disruption is estimated to transform the Low Code Development Platform Market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the Low Code Development Platform Market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.
Major Key Players:
The forefront players in the low code development platform market are OutSystems(U.S.), Salesforce (U.S.), Mendix(U.S.), Caspio (U.S.), Google Inc., (U.S.), Appian (U.S.), MatsSoft (U.K), Microsoft Corporation (U.S.), K2(U.S.), AgilePoint (U.S.), Bizagi (U.K), Service now (U.S.), TrackVia Inc. (U.S.), and Kony Inc, (U.S).
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Market Segmentation:
The low code development platform market is divided on the basis of component, type, organization size, deployment, applications, and region.
· On the basis of components, the low code development platform can be segregated on the basis of Service and solution. The solution-based low code development is categorized into web solutions and mobile solutions. Further, the service based low code development consists of managed services and professional services.
· On the basis of type, the low code development platform can be segregated into a general-purpose platform, database app platform, request handling platform, and process app platform.
· On the basis of organization size, the low code development platform can be segregated into small and medium enterprises and large enterprises.
· On the basis of deployment, the low code development platform can be segregated into the cloud and on-premises. The cloud, the segment is further classified into hybrid, private, and public.
· On the basis of applications, the low code development platform can be segregated into construction, financial services, and Insurance (BFSI), banking, retail, healthcare, I.T. & telecommunication, transportation & logistics, media & entertainment, and others.
· On the basis of region, the low code development platform can be segregated into Asia-Pacific, North America, Latin America, and the Middle East and Africa.
Regional Analysis:
On the basis of region, the low code development platform is divided into Asia-Pacific, North America, Latin America, and the Middle East and Africa. As per the analysis by the MRFR team, the North American region is leading the global low code development platform market. With the constant rise in the number of internet users and advancement in the web and mobile applications for the business organization, the market is likely to expand considerably.
The U.S. is the dominating country due to the presence of a large number of low code development platform providers. The Europe market is estimated to experience in the low code development platform in the forthcoming period. The APAC region is estimated to have a considerable growth during the forecast period from 2017 to 2023. The increasing investment in I.T. solutions and increased demand for mobile-based apps for the business organization has aided in propelling the market in the region.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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List of Tables
Table1 World Population By Major Regions (2017 To 2023)
Table2 Global Low Code Development Platform Market: By Region, 2017-2023
Table3 North America Low Code Development Platform Market: By Country, 2017-2023
Continued….
List of Figures
Figure 1 Global Low Code Development Platform Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porters’ Five Forces Analysis Of Global Low Code Development Platform Market
Continued….
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Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
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Biolubricants Market Size, Share, Growth Opportunity and Trends by Growing CAGR till 2026
DecisionDatabases has published the latest report on Biolubricants Market by manufacturers, regions, type, and application, forecast to 2026. The report provides in-depth data analysis which will aid with better understanding and decision making.
The key market players for the global Biolubricants market are listed below:
Exxon Mobil
UBL
TOTAL
Shell
Panolin
British Petroleum.
Binol Biolubricants
Renewable Lubricants
Chevron
Statoil Lubricants
Others
Click here to get a FREE Sample Copy of the Biolubricants Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-26929
The Global Biolubricants Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.
COVID-19 Impact Analysis on Biolubricants Market
The global pandemic COVID-19 has affected the Biolubricants market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the Biolubricants industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.
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Why Purchase this Report?
A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.
The report gives a holistic view of the competitive scenario of the Biolubricants market
The latest product launches along with technological changes and development are covered in the report.
The data analysis in the report helps in understanding the anticipated Biolubricants market dynamics from 2021 to 2026.
DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.
The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.
The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision.
To better understand the market scenario, the Biolubricants market is segmented as below:
By Types:
Vegetable Oil
Animal Oil
By Applications:
Industrial Use
Commercial Transport
Consumer Automobile
By Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
The Middle East and Africa (Turkey, GCC, Rest of Middle East)
The content of the study subjects includes a total of 14 chapters:
Chapter 1: To describe Biolubricants product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of Biolubricants, with price, sales, revenue, and global market share of Biolubricants in 2018 and 2019. Chapter 3: The Biolubricants competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The Biolubricants breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and Biolubricants market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe Biolubricants sales channel, distributors, customers, research findings and conclusion, appendix, and data source.
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#Biolubricants Market#Biolubricants Market Report#Biolubricants Market Size#Biolubricants Market Share#Biolubricants Market Growth
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Passenger Information System Market Is Anticipated To Attain Around $40.7 Billion By 2027
The global passenger information system market size is expected to reach USD 40.7 billion by 2027, expanding at a CAGR of 9.6% over the next eight years, according to a new study conducted by Grand View Research, Inc. The increasing demand for real-time, consistent, and reliable passenger information along with rising frequency of passenger journeys via public transport are the major factors driving the growth of the market. Moreover, growing penetration of internet, mobile, hand held devices, and digital interfaces are likely to increase the utility of passenger information system (PIS) solutions. Advancements in telecommunication and internet connectivity are also enabling users to use PIS applications to receive useful updates and data about transit services.
Passenger information system solutions are tools and applications used to track details about booking, arrival, and departure of various transport mediums. With the expanding scope of urban transportation and development of intelligent transport systems, there has been significant growth in digital interaction and adoption of smart telematics solutions in transport systems. Moreover, as the transport industry becomes digitally mature, PIS will emerge as a key medium to connect travelers with the central information system of transit mediums. In addition, PIS vendors are in constant state of enhancing and improving their products to meet the needs of technology equipped passengers for delivering accurate and reliable data in real-time.
The rise in IT technologies such as adoption of cloud, artificial intelligence (AI), big data, and communication technologies such as 5G is anticipated to propel the demand for passenger information system in transportation industry. The evolving technologies will aid in automating the different modes of transportation and ease the dissemination of reliable data to improve overall transit experience. Cloud technology in combination with AI and analytics solutions will help in improving efficiency to allocate resources and monitor the commuter crowd in a cost-effective manner. However, high implementation and management costs are challenges that might impede the growth of the market over the forecast period. However, recent outbreak of COVID-19 disease across the world is likely to slow down the growth rate of the market temporarily.
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Passenger Information System Market Report Highlights
The services segment is predicted to grow at the highest compound annual growth of over 10.0% over the forecast period owing to rising demand for software integration capabilities by transport departments, and consultancy and security services offered by PIS vendors. Shift from on-premise deployment to cloud model will also propel the growth of the segment in the coming years
The passenger information mobile solutions segment is anticipated to register highest growth rate owing to increased penetration of smart mobile devices. Moreover, transit departments are focusing on developing mobile applications to attract the passengers and provide them with real-time data
Airway and waterway mode of transport is anticipated to grow at faster rate owing to increase in number of global travelers, increasing airport and inland waterways infrastructure in developing countries, and increasing growth of information dissemination via mobile device channels
Asia Pacific is expected to emerge as the fastest-growing region in the market owing to increasing smart transportation infrastructure, rising per capita GDP, and domestic air connectivity. For instance, in 2018 India planned to construct 100 new airports with an investment around USD 60.0 billion in the next 10 to 15 years, to make domestic air travel more affordable for the common man.
Passenger Information System Market Segmentation
Grand View Research has segmented the global passenger information system market based on component, type, mode, and region:
Passenger Information System Component Outlook (Revenue, USD Million, 2016 - 2027)
Solution
Services
Passenger Information System Type Outlook (Revenue, USD Million, 2016 - 2027)
Information Display System
Announcement System
Infotainment System
Passenger Information Mobile Solutions
Others
Passenger Information System Mode Outlook (Revenue, USD Million, 2016 - 2027)
Airway & Waterway
Railway
Roadway
Passenger Information System Regional Outlook (Revenue, USD Million, 2016 - 2027)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
U.S.
Canada
U.K.
Germany
China
India
Japan
Brazil
Mexico
List of Key Players of Passenger Information System Market
Advantech Co., Ltd.
Alstom
Cisco Systems, Inc.
Cubic Transportation Systems
Hitachi, Ltd.
Huawei Technologies Co., Ltd.
Siemens AG
TE Connectivity
Thales Group
Wabtec Corporation
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Endoscope Reprocessing Market by Product Type, Future Growth - Global Forecast by 2020-2025
Endoscopes are used for a variety of diagnostic, surgical, and therapeutic needs in clinical practice. The devices are often reusable and therefore require reprocessing to ensure patient safety and prevent transmission of microorganisms from one patient to the next. In recent years, there have been reported outbreaks by contaminated flexible endoscopes. The transmissions of harmful microorganisms via endoscopes are largely attributed to lapses in essential reprocessing steps. The complex design of the scopes aggravates proper cleaning due to their narrow, tight channels and microscopic crevices that cannot be easily reached. Organic debris and fluid can accumulate and settle in such tracts, enabling biofilm formation and potentially harmful microorganism growth. Therefore, proper reprocessing of endoscopes is regulated by a series of steps and procedures to ensure optimal cleaning results and thereby enhance patient safety.
How Big is The Global Endoscope Reprocessing Market? The Endoscope Reprocessing Market is expected to be around US$ 2.15 Billion by 2025 at a CAGR of 8.5% in the given forecast period.
The major driving factors of Endoscope Reprocessing Market are as follows:
High Risk of Infections related to Improper Sterilization of Endoscopes Increasing Investments, Funds, and Grants By Government Bodies Worldwide Rising variety of Hospitals and Growing Hospital Investments in scrutiny Instruments Rising Prevalence of Diseases that need endoscopy Procedures
Read more information about Global Market with Impact of Covid-19
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The restraining factors of Endoscope Reprocessing Market are as follows: High price of scrutiny Procedures & Reprocessing instrumentation and restricted Reimbursements in Developing Countries
Issues relating to the security of Reprocessed Instruments
The Endoscope Reprocessing Market is segmented on the lines of its product, end-user and regional. Based on product type segmentation it covers high-level disinfectants and test strips; detergents and wipes; endoscope tracking systems; endoscope drying, storage, and transport systems; automated endoscope preprocessors (AERs); and other products (brushes and flushing aids, leak testers, hookups, and sponges). Based on end-user it covers hospitals, ambulatory surgery centers, and other end users (diagnostic centers, mobile endoscopy facilities, and office endoscopy centers). Endoscope Reprocessing Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
An overview of the global market for Endoscope Reprocessing Market and related technologies.
Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.
Identifications of new market opportunities and targeted promotional plans for Endoscope Reprocessing Market
Discussion of research and development, and the demand for new products and new applications.
Comprehensive company profiles of major players in the industry.
Report scope:
The scope of the report includes a detailed study of Endoscope Reprocessing Marketwith the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report includeMedivators Inc., Olympus Corp., STERIS Plc., Getinge Group, Hoya Group, Laboratoires Anios, Custom Ultrasonics, Inc., SciCan Ltd (Sanavis Group), Shinva Medical Instrument co., Ltd., ARC Healthcare Solutions Inc., Antonio Matachana SA, Choyang Medical Industry Ltd., DGM Pharma-Apparate Handel Ag, MMM Medical Equipment UK LTD, Medonica Co. Ltd., Belimed AG (Metall Zug), Steelco S.P.A, and Advanced Sterilization Products Services Inc. amongst others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Endoscope Reprocessing Market has been segmented as below:
By Product Type:
High-Level Disinfectants & Test Strips Detergents & Wipes Automated Endoscope Reprocessors
Single-Basin Automated Endoscope Reprocessors Double-Basin Automated Endoscope Reprocessors
Endoscope Drying, Storage, & Transport Systems Endoscope Tracking Systems
Advantages of Endoscope Tracking Systems
Other Products By End-user Type:
Hospitals Ambulatory Surgery Centers Other End Users (diagnostic centers, mobile endoscopy facilities, and office endoscopy centers)
By Regional Analysis:
North America Europe Asia-Pacific Rest of the World
Reasons to Buy this Report:
Obtain the most up to date information available on all Endoscope Reprocessing Market.
Identify growth segments and opportunities in the industry.
Facilitate decision making on the basis of strong historic and forecast of Endoscope Reprocessing Market.
Assess your competitor’s refining portfolio and its evolution.
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Global Web Real-Time Communication (WebRTC) Market – Analysis and Forecast (2018–2024)
The global web real-time communication (WebRTC) market is growing at a significant rate, due to the increasing demand for WebRTC solutions from small and medium enterprises, and increasing employee engagement strategy. The increasing popularity of real-time communication among the new generation on social media sites such as Facebook and Twitter makes WebRTC an attractive market and is further estimated to gain moment in the future. The main feature pertaining to real-time communication is the smooth exchange of communication. Different solutions such as voice calling & conferencing, video calling & conferencing, messaging & file sharing contributed to the global market size. The healthcare industry is expected to grow at the highest CAGR during the forecast period. The WebRTC is a technology that is used for real-time human voice and video communications.
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Growth Drivers
The key factor aiding the growth of the WebRTC market includes increasing demand for web real-time communication solutions from small and medium enterprises. Small and medium enterprises are required to maintain and develop their global presence in this competitive and hyper-competitive world in which mobility and collaboration are the most essential requirement of any organization. Small and medium enterprises are increasingly adopting the technology to fulfill the increasing demand of workers to provide a consumer-like experience.
Moreover, the employees are seeking an experience that provides flexibility to work from, thus the enterprise communications solutions are being used on a per-day basis. This technology helps business organizations to deal with compatible technologies and align them with the day-to-day operations of the business organization. Moreover, with the implementation of WebRTC, the companies are able to view opportunities for their clients in order to harmonize their operations, escalate team performance, and helps in improving business functioning.
Opportunity
The application of web real-time communication as a tool to bring enterprise mobility is creating opportunities for this market to grow worldwide. An organization that is well equipped with enterprise productivity apps helps them to work efficiently and effectively and provides flexibility to its employees to work from the location that is away from the office premise. With the use of smartphones and internet connection the employees are able to move away from their offices. The increasing employee engagement strategy is another factor that is creating opportunities for this market to grow worldwide. The increasing adoption of smart devices has made the interaction among business enterprises more convenient and easy.
Technology is no longer a distraction for the organization and has started to be the most preferred medium of interaction both by the consumers and the employees of any organization. The service providers that support the mobility feature and web real-time communication should provide their enterprise customers with a huge variety of multi-device unified communications applications that helps in improving the business operations.
However, the data privacy issues, lack of awareness in some countries are hindering the growth of the market to some extent.
Geographic Overview
Globally, North America is the largest WebRTC market due to the adoption of technologically advanced solutions in the region, high internet penetration, and the existence of key domestic solution providers that are majorly contributing towards the growth of web real-time communication in this region. The increasing demand for improved operational efficiencies and business functioning to operate at low costs is further expected to drive the demand for this market in North America.
The WebRTC market is expected to witness the fastest growth in the Asia-Pacific as the region is witnessing greater opportunities, increasing adoption of WebRTC, and technological advancements in this region.
Competitive Insight
Some of the major players offering the products and services in the global web real-time communication industry are AT&T Inc., Tokbox Inc., Apidaze, Avaya, Inc., Cisco Systems, Inc., Genband Inc., Dialogic Corporation, Polycom, Inc., Oracle Corporation, Twilio, Inc., Quobis and Cafex Communications, Inc.
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Medical Bed Market is Expected to Reach a Market Value of USD 4.28 billion by 2026| Major Players Hill-Rom Holding, Inc., Amico Corporation, Getinge Group, Antano Group, Medical Depot, Inc., Merivaara Corp., Stiegelmeyer GmbH & Co. KG
Medical Bed Market is forecasted to grow at 5.75% for 2019-2026 with factor such as availability of less number of beds in public hospital will hamper the growth of the market in emerging economies. Medical bed market has shown an exceptional penetration in developed economies of North America. Prevalence of improved healthcare infrastructure, expansion of contract manufacturing organizations and rising number of bariatric population requiring care will boost the growth of the market.
Medical beds are the most essential when it comes to the equipment and apparatuses required in a hospital, clinic or ambulatory surgery centre. Medical beds are most commonly used during an examination, diagnosis of a disease, treatment of a patient and transportation of a patient. These are designed keeping in mind the safety and comfort level of the patients. There are different types of medical beds namely manual, electric and semi-electric beds. With the rapid growth and expansion of the healthcare sector around the world, the demand for medical beds is bound to multiply. Technological advancements, improving healthcare infrastructure and increased research and development in the healthcare sector in developing countries have boomed up the pace of growth of the medical bed market. The rising number of patients with acute and chronic diseases, rising number of accidents, rising pregnant population and rising geriatric population will, in turn, bolster the medical bed market growth. In the current scenario, where the world is suffering from coronavirus, the need, demand and supply of medical beds have caught fire.
Global Medical Bed Market, By Product (Acute Care Beds, MedSurg Beds, ICU Beds, Pediatric Beds, Birthing Beds, Long-term Care Beds, Psychiatric Care Beds, Bariatric Care Beds and Others), Application (Intensive Care and Non Intensive), Type (Electric Beds, Semi Electric Bed and Manual Bed), End User (Hospital, Home Care and Elderly Care), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028 This medical bed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on medical bed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Get Sample PDF of Medical Bed Market Report (including COVID19 Impact Analysis) @ https://www.databridgemarketresearch.com/reports/global-medical-bed-market
New Medical Bed Market Development:
In May 2019, Taleb Medical announced the launch of FF&E range of hospital Beds, Mattresses and furniture. Medical bed is designed in such a way that they will provide comfort, security, easy to use while control infection and enhanced ergonomics.
Scope of the Medical Bed Market:
Medical bed market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC)as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
All country based analysis of the medical bed market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into manual, semi- electric, full electric and specialty hospitals bed. Based on usage, the market is segmented into acute care, long term care, psychiatric care and maternity. Based on end-user, the market is segmented into hospital, home care and elderly care. The applications covered for the report are intensive care and non-intensive.
Medical bed is a type of equipment which is designed to provide comfort, safety, support and assistance to the patient as they are easily available in different type such as non-electric, electric and manual due to occurrence of chronic diseases, growing number of elderly population and others.
Key Market Competitors:
The major players covered in the medical bed market report are Hill-Rom Services, Inc., Invacare Corporation., Medical Depot, Inc., Stryker, Arjo., Gendron Inc., GF HEALTH PRODUCTS, INC., HARD Manufacturing Company, Inc., Umano Medical inc., Transfer Master, American Medical Equipment, ProBed Medical Technologies Inc., Amico Group of Companies., Getinge AB., ANTANO GROUP, Merivaara, Stiegelmeyer GmbH & Co. KG, LINET., PARAMOUNT BED CO., LTD. and Mobility Aids Sales And Services among other domestic and global players.
MAJOR TOC OF THE REPORT:
Chapter One: Medical Bed Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Medical Bed Market Competition, by Players
Chapter Four: Medical Bed Market Size by Regions
Chapter Five: Medical Bed Market Revenue by Countries
Chapter Six: Medical Bed Market Revenue by Type
Chapter Seven: Medical Bed Market Revenue by Application
Chapter Eight: Medical Bed Market Revenue by Industries
Chapter Nine: Medical Bed Market Revenue by Deployment Model
Chapter Ten: Medical Bed Market Revenue by End User
Get Table of Content on Request @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-bed-market
Key Report Highlights:
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Information Rights Management Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Information Rights Management Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Information Rights Management Market
A roadmap of growth opportunities available in the Global Information Rights Management Market with the identification of key factors
The exhaustive analysis of various trends of the Global Information Rights Management Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Information Rights Management Market?
What will the Information Rights Management Market Demand and what will be Growth?
What are the latest opportunities for Information Rights Management Market in the future?
What are the strengths of the key players?
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The US TIC Market is Thriving: Projected to Show Favorable Growth Worth USD 46,306.7 Billion in 2026
According to BlueWeave Consulting, the US TIC is expected to grow at a significant rate during the forecast period. The US TIC Market is projected to reach the valuation of 46,306.7 billion by the year 2026 by growing at a CAGR of 5.72% during the forecast period 2020- 2026. The introduction of new technologies, combined with stricter environmental legislation and increased health-safety initiatives, shifted the entire industry's perspective on compliance with standards and regulations. Testing, inspection, and certification (TIC) play an important role in ensuring that facility, systems, and goods meet safety and quality requirements and regulations. The market is expected to expand despite the industrial seasonality, due to the growing demand for inspection and testing processes at regular intervals across a few industries, such as oil and gas.
Increased demand in automotive testing
The automobile industry has experienced a constant rise in the incorporation of electronics architecture in automobiles. The increasing need for comfort and safety has paved the way for massive innovations and research and development efforts from original equipment manufacturers and automotive dealers for the testing of electronics parts and compliance with international and U.S. government regulations. Furthermore, the overall heaviness of the vehicles has augmented owing to the combination of electronic features. The regulations about vehicular fuel emissions and consumption will foster the demand for automotive testing.Also, the United States Department of Transportation’s National Highway Traffic Safety Administration (NHSA) established a national program encompassing new standards intended to decrease Greenhouse Gas (GHG) emissions so as to progress the fuel economy. The EPA has also set greenhouse gas emissions standards under the Clean Air Act to lessen the emission of GHG. The rigorous Euro 6 norms, launched by the European Union (EU), aim at making cars cleaner by letting down the exhaust discharge of harmful gases such as carbon monoxide (CO), nitrogen oxide (NOx), and hydrocarbons. The new Euro 6 norms have diverse standards for diesel and petrol cars. Such factors are playing a major role in boosting the growth of automotive testing even in the United States.
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Growing demand for onboard diagnostic tools
The need for onboard diagnostic testing has augmented in recent years owing to the self-diagnostic capability of onboard diagnostic equipment. Onboard diagnostic delivers complete control over the engine. In addition to detecting vehicle faults, onboard diagnostic tools also deliver emission control by providing early recommendations about possible component failure. The troubleshooting properties of onboard diagnostic II permit technicians or users to distinguish vehicle faults. With the aid of onboard diagnostic tools, users can read the status of the engine and identify the problem himself, rather than going to the auto shop to detect the problem.Customers nowadays tend to prefer application-based wireless devices, such as smartphones for performing vehicle diagnostics. Testing tool developers have established numerous applications to work with OBD-II systems. For example, Actron, a firm that offers repair and diagnostic equipment, has introduced an application called Torque Pro for smartphone devices that will permit users to perform vehicle diagnostics utilizing their mobile phones. This application works wirelessly by connecting to the OBD-II serial port using Bluetooth technology. Torque Pro is also utilized for monitoring the performance of the vehicle.Smart Lighting System in product offerings is predicted to be the major market-driven factor in the US TIC market industrySmart Lighting System has a major share in the Electrical & Electronics Testing, Inspection, and Certification (TIC) market growth owing to the development of smart buildings and surge in government initiatives by the U.S. government for smart city projects.
TIC Market: Competitive Landscape
Key players operating in the United States Electrical & Electronics Testing, Inspection and Certification (TIC) market include UL LLC., Intertek Group plc., Eurofins Scientific, SGS SA, Bureau Veritas., Applus+, QIMA, CESI S.p.A, NTA and Nemko. These players are adopting strategies such as new product development, partnerships, and acquisitions to remain competitive in the United States Electrical & Electronics Testing, Inspection, and Certification (TIC) market. The U.S. Electrical & Electronics Testing, Inspection, and Certification (TIC) Market is projected to grow strongly with the rising research and development expenses to address changing demands. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 players in recent years.
Don’t miss the business opportunity of medical waste management Market. Consult to our analysts and gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides the growth potential, upcoming trends , and statistics of TICs market size & forecast. The report promises to provide state-of-the-art innovations of TIC production and industry insights, which help decision-makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers, challenges, and competitive analysis of the market.About UsBlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients. We are one of the promising digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.
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Commercial Drone Market Hold the Largest Market Share by 2027 Fortune Business Insights™
The global commercial drone market size is expected to reach USD 8527.41 million by 2027, exhibiting a CAGR of 25.07% during the forecast period. The rising advancement in drone technology with the combination of lighter components, microprocessors, high battery energy, sensors, and lightweight structural materials will create new sales opportunities for the market during the forecast period, states Fortune Business Insights, in a report, titled “Commercial Drone Market Size, Share & Industry Analysis, By Product (Fixed-wing, Rotary Wing and Hybrid Multi-rotor ), By Technology (Remotely Operated, Semi-autonomous, and Fully-autonomous), By System (UAV Airframe, UAV Payloads, UAV Avionics, UAV Propulsion, and UAV Software), By Application (Aerial Photography, Agriculture, Disaster Relief & Management, Logistics, Surveillance & Inspection, Remote Sensing & Mapping, and Environment Monitoring) and Regional Forecasts, 2020-2027.” The commercial drone market size stood at USD 1590.92 million in 2019 and is expected to reach USD 8527.41 million by 2027, exhibiting a CAGR of 25.07% during the forecast period.
The catastrophe caused by the novel coronavirus has generated immense pressure on industries and sectors across the globe. The governments of several countries have instigated lockdown to prevent the spread of this infectious disease. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.
The commercial drone report market comprises:
· Critical study of the market size
· Technological information with vital insights
· Market value with future predictions
· Latest developments in the domain
· Crucial information on COVID-19
Market Driver:
Introduction of Cutting-edge Drones to Boost Market
The ongoing technological innovation in drones by emerging companies can have a significant influence on the market. For instance, in 2018, Skydio, a major drone manufacturer and leader in autonomous flight announced the launch of commercial drone R1 in the market. Relatedly, the company has been continuously working with new technologies to gain a competitive edge over competitors in the commercial market. In 2019, Skydio introduced Skydio2, a powerful commercial drone equipped with an array of sensors and a powerful onboard computer make for safe and autonomous. The Skydio 2sold out on the same day it was released. The design element of the drone comprises of advanced artificial intelligence system with a Skydio Autonomy Engine. Moreover, in 2018, Yuneec, a world leader in electric aviation and manufacturer of aircraft announced the launch of Mantis Q, a foldable 4K travel drone. The Mantis Q is equipped with voice control and facial detection. The drone has the advantage to stay in the air for over 33 minutes, thus allowing pilots to record videos and images in the duration.
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High Demand for Drones During Health Crisis to Relieve Drone Industry
The coronavirus health emergency has led to increased use of commercial drones throughout various regions. For instance, in April 2020, the U.S. Department of Transportation held a meeting in North Carolina regarding the commercial use of cargo drones to deliver healthcare gear, PPE kits, and medicines. CVS and UPS have delivered prescribed medication to135,000 residents living in retirement homesthrough drones during the lockdown. Several governments have taken initiatives to deliver essentials through drones during the pandemic. For instance, the UK government announced to trail out drones for delivering food, medicines, and other help through drones. Additionally, the rising deployment of drones during the global crisis will contribute excellently to the growth of the commercial drone market.
Regional Analysis:
Presence of Eminent Players to Aid Market in North America
The market in North America is expected to account for the largest share in the global market during the forecast period. The growth in the region is attributed to therising demand for drones from various industries and sectors in the U.S. and Canada. The presence of strong players such as 3D Robotics (U.S.), Go Pro (U.S.), and Autel Robotics (U.S.) will bolster the healthy growth of the market in the region. Europe is expected to exhibit a rapid growth rate owing to the prominent leaders and service providers in European countries. The market in Asia Pacific is expected to rise tremendously during the forecast period. The growth in the region is attributed to the emerging companies in the region. The surge in operation and production in the region will influence the healthy growth of the market. Key players such as DJI, Yuneec, and Holy Stone have established a strong foothold in the commercial drone industry.
Key Development:
June 2020: DJI, a global leader based in China released a new full drone range, handheld imaging system, and cost-effective LiDAR technology. The drone LiDAR is designed for autonomous operations in smart cities image mapping and mobile drone operations.
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The Report Lists the Key Companies in the Commercial Drone Market:
· DJI (China)
· Yuneec (China)
· �� Parrot Drone (France)
· AeroVironment Inc. (U.S.)
· SenseFly (Switzerland)
· Kespry (U.S.)
· 3D Robotics (U.S.)
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Armored Vehicle Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™
The global armored vehicle industry size is projected to reach USD 26.12 billion by 2026, exhibiting a CAGR of 5.36% during the forecast period. Steady ramping up of military expenditure by countries will prove beneficial for this market, observes Fortune Business Insights™ in its report, titled “Armored Vehicle Market Size, Share and Industry Analysis, By Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), By Mobility (Wheeled, Tracked), By System (Engine, Drive Systems, Ballistic Armor, Turret Drives, Ammunition Handling Systems, Others) and Regional Forecast, 2019-2026”. The latest report by the Stockholm International Peace Research Institute (SIPRI) reveals that in 2019, cumulative global military spending stood at USD 1917 billion, rising by 3.6% from 2018 level.
The largest spenders, the SIPRI reports, were US, China, India, Russia, and Saudi Arabia (in that order). This increasing expenditure on the armed forces shows the intent of the major world economies in upgrading their defense forces with modern weaponry to better equip their soldiers in the battlefield, which augurs well for this market as armored vehicles are vital in ground-level combat as well as in border patrolling activities during peacetime.
List of Companies Profiled in the Armored Vehicle Market Report are:
UralVagonZavod (Russia)
Textron Inc. (the U.S.)
Otokar, a KOC Group Company (Turkey)
NORINCO (China)
IVECO DEFENCE VEHICLES (Italy)
Denel SOC Ltd (South Africa)
Ukroboronprom (Ukraine)
Rheinmetall AG (Germany)
Oshkosh Corporation (the U.S)
Krauss-Maffei Wegmann GmbH & Co. KG (Germany)
General Dynamics Corporation (the U.S.)
BAE Systems plc (the UK)
COVID-19 Impact on Armored Vehicle Industry:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Study Period: 2016-2027 Base Year: 2019 Forecast Period: 2020-2027 Historical Period: 2016-2018
The report states that the market value was at USD 17.18 billion in 2018. Its other highlights include:
Panoramic overview of the current trends in the defense industry;
Comprehensive profiling of all the players in the market;
Detailed analysis of the market drivers and restraints;
Microscopic evaluation of the market segments; and
Exhaustive examination of the regional developments influencing the market.
Market Driver:
Intensification of Cross-Border Conflicts around the World to Accelerate Market Growth
The armored vehicle market growth trajectory is likely to get a major upward push on account of the rising intensity of cross-border tensions across the globe. For example, in Asia, tensions between India and Pakistan have always been high, even resulting in open wars in some cases. Similarly, cross-border skirmishes between India and China have become commonplace. In many other regions also such tensions have escalated in recent years.
For instance, the complex military situation in Syria and Libya has kept regions surrounding these countries in a mode of self-preservation. Moreover, historical conflicts such as the one between North Korea and South Korea have kept governments on their toes. Armored vehicles are a key component in a nation’s military arsenal as they empower armed forces to efficiently monitor border situations and deter any forthcoming attacks.
Regional Analysis:
Asia-Pacific to Showcase Impressive Growth; North America to Have Tight Grip on Market Revenue
The market growth is anticipated to be the fastest in Asia-Pacific owing to the constant threat of terrorist activities in the region. To counter these threats, countries in the region, mainly India and China, have strategically increased their budgetary allocation to the defense sector to modernize their arsenal, which bodes well for this market. In addition, the region is home to strong weapons manufacturers such as the Ordnance Factory Board in India and Mitsubishi Heavy Industries in Japan.
However, the region dominating the armored vehicle market share is expected to be North America, primarily owing to the heavy military spending by the US and massive investments in R&D activities for advanced weapons technologies and upgrading the national defense infrastructure. In 2018, the region’s market size was at USD 6.61 billion.
Competitive Landscape:
Key Players to Enter Lucrative Collaborations to Enlarge Market Share
The competitive dynamics of this market are shaped by the presence and activities of industry bigwigs such as Lockheed Martin and Textron. These companies are increasingly entering into strategic partnerships to diversify their offerings and expand their market presence regionally as well as globally.
Armored Vehicle Market report Focus on:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
Key Questions Answered:
Why Choose Fortune Business Insights?
What are the key demands and trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth
Browse Detailed Research Insights with Table of Content:
https://www.fortunebusinessinsights.com/industry-reports/armored-vehicle-market-101817
Detailed Table of Content:
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Market Drivers
Market Restraints
Market Opportunities
Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
Latest technological Advancements
Porters Five Forces Analysis
Value Chain Analysis
Main Battle Tanks
Infantry Fighting Vehicles
Armored Personal Carriers
Armored Amphibious Vehicles
Mine-Resistant Ambush Protected Vehicles
Light Armored Vehicles
Self-Propelled Howitzers
Air Defense Vehicles
Armored Mortar Carriers
Armored Supply Trucks
Armored Command and Control Vehicles
Repair and Recovery Vehicles
Others
Wheeled
Tracked
Engines
Drive Systems
Ballistic Armor
Turret Drives
Ammunition Handling Systems
Fire Control Systems (FCS)
Armaments
Countermeasure Systems
Command & Control (C2) Systems
Power Systems
Navigation Systems
Observation & Display Systems
Hulls/Frames
North America
Europe
Asia pacific
The Middle East
Rest of the world
TOC Continued…! Major Industry Developments:
July 2019: UK-based BAE Systems and Germany-based Rheinmetall teamed up to establish a new and independent military vehicle support, manufacturing, and design joint venture in the UK. Called the Rheinmetall BAE Systems Land (RBSL), the venture aims at enhancing the manufacturing of the Boxer 8x8 for the Mechanized Infantry Vehicle Program of the British Army.
February 2019: The Canadian arm of the US-based aerospace & defense major, General Dynamics, clinched a contract worth USD 37.2 million to provide 60 hardware kits for the Light Armored Vehicle Reset Program of the US Marine Corps. The kits will comprise of a new turret slip ring, a modern instrument panel for the driver, a driveline system, and improved power-pack.
Have a Look at Related Research Insights:
Small Caliber Ammunition Market Size, Share and Industry Analysis, By Caliber (223 Remington, 308 Winchester, 9mm Luger, 45 Auto/ACP, 380 ACP, 357 Magnum, 10 Gauge, 12 Gauge, 40 S&W, 20 Gauge, 22LR, 50 BMG, 6.5 Grendel, 7.62*39/54r, and Others), By Application (Commercial (Shooting Sports & Hunting, and Self-defense), Military & Homeland Security), By Bullet Type (Lead, Copper, Brass, and Others), and Regional Forecast, 2019-2026
Military Aircraft Market Size, Share & Industry Analysis, By Type (Fixed-Wing, and Rotary-Blade), By Application (Combat, Multirole Aircraft, Military Transport, Maritime Patrol, Tanker, Reconnaissance & Surveillance, and Others), By System (Airframe, Engine, Avionics, Landing Gear System, and Weapon System), and Regional Forecast, 2019-2026
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AXIAL PISTON MOTOR MARKET ANALYSIS (2018-2026)
An axial piston motor is a positive displacement motor that has a number of pistons in a circular array within a cylinder block. Axial piston motor works with a bent axis design or swash plate principle and is available in both variable and fixed displacement designs. The constant displacement type works as a hydraulic motor and the variable displacement type works as a hydraulic pump.
Growing the Industrial Sector is expected to aid in increasing demand for Axial Piston Motors
Axial piston motors are used in various applications such as industrial, construction, agriculture, and marine equipment. The current growth witnessed by the industrial sector is one of the key drivers, which is fueling growth of the axial piston motors market. For instance, according to a report by the United Nations Industrial Development Organization (released in January 2018), the global industrial output in 2017 rose by 3.2% over the value recorded in 2016 and the manufacturing output of developed nations grew by 1.8%, in 2017. This accounted for over 40% of the global industrial output in 2017. This is owing to a wide variety of applications of axial piston motors in industrial applications such as mechanical factory equipment, material handling equipment, and earthmoving vehicles. Moreover, increase in production and purchase of automobiles worldwide is one of the factors that is contributing to growth of the axial piston motors market. For instance, according to report by Center for Automotive Research (CARGROUP) published in June 2011, the number of vehicles operating in the U.S is expected to be around 284 million by 2025, which is 44 million over the number in 2009. Furthermore, axial piston motors find application within the mining industry, primarily in mining equipment and vehicles. This is owing to the axial piston motor’s capacity to withstand high mechanical loads and rough environmental conditions. These are also used in robust hydraulic components for hydraulic drives, swiveling, and travel drives.
In construction fields, axial piston motors find application in equipment such as winches, drill rigs, mobile crushing plants, and plastic injection molding machines as they are compact and less noisy while in operation. Furthermore, axial piston motors are used in other construction related equipment/vehicles such as earth movers, mobile and crawler excavators, bulldozers as well as special civil engineering machines. The reliable and long lasting axial piston motors are used in harvesters, which are suitable for application in the agriculture and forestry sector. These motors are built to withstand and work in the tough environmental conditions. Moreover, these motors increase the efficiency of mobile or stationary equipment. Such wide variety of applications of axial piston motor is expected to propel growth of the market over the forecast period.
The capability of axial piston motors to generate high torque and high pressure enable their use in water and water management applications. The motors thus, provides the best solution for dealing with water scarcity in village or towns. Axial piston motors are used in the marine industry as their robust design and construction shields the motors components against corrosion, which in turn extends the durability of the motors. Furthermore, the axial piston hydraulic motors work effectively, both onshore and offshore.
High Operational and Maintenance Costs are the Primary Restraining factors for the Growth of Axial Piston Motors Market
Axial piston motor incurs high operating costs as it consumes more electricity. Furthermore, it incurs high maintenance cost due to wearing of mechanical parts such as bearings and other internal parts. These are some of the major restraining factors hindering growth of the axial piston motors market. Moreover, axial piston motors are not easy to carry as they are heavy due to large size and weight, which is also main drawback of these motors. Moreover, exceeding operating limits such as excessive temperature, excessive torque, load, and speed can causes motor failure, which inhibits demand for axial piston motor.
Regional Analysis of Axial Piston Motor Market
North America and Europe are the most dominant regions in the global axial piston motors market. The industrial up-gradation in the region such as automation of the oil and gas industries and ongoing research and development in order to develop better and more energy efficient motors is expected to fuel the growth of the market. In addition to this, the presence of a large number of motor manufacturers such as Danfoss, Parker Hannfin Corporation, and Eaton in the region is also expected to help in the growth of the market. Asia Pacific is expected to witness significant growth in axial piston motor market during the forecast period, owing to development in infrastructure and increasing construction activities. For instance, according to a report by India Brand Equity Foundation (IBEF), the Indian construction equipment industry's revenue is estimated to reach US$ 22.7 billion by 2020.
Key Players in Axial Piston Motor Market
Key players operating in axial piston motors market include, Kawasaki Heavy industries Ltd., Danfoss, Parker Hannifin Corp. (US), Eaton (US), Poclain Hydraulics, Casappa S.p.A, Bosch Rexroth AG, Bondioli & Pavesi S.p.A, HAWE Hydraulics Pvt. Ltd., Sunfab Hydraulics AB, and HANSA-TMP.
Global Axial Piston Motor Market: Taxonomy
Axial piston motor market can be segmented on the basis of product type, application, and region.
On the basis of product type:
Constant Displacement
Swash Plate
Bent Axis
Variable Displacement
On the basis of applications:
Manufacturing
Oil & gas
Agriculture
Automotive
Energy & utility
Mining
Construction water management
Others (Transportation & logistics, maritime, and chemical)
On the basis of regions:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
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