Thursday, 16 January 2020

U.S. E-Cigarette Market – Analysis and Forecast To 2024, VMR Products LLC, Altria Group Inc., Japan Tobacco Inc.


U.S. E-Cigarette Market Highlights
The U.S. e-cigarette market is expected to grow at a CAGR of 18.3% during the forecast period with its market size predicted to reach USD 16.5 billion by 2024. The U.S. e-cigarette market is anticipated to be driven by the factors increasing awareness among consumers, easy availability of e-cigarettes, online distribution of products, technological advancements, and high prevalence of smoking-related diseases. Different types of product such as disposable and rechargeable cig-a-like and open tank vaporizer are the major contributor to the e-cigarette market size in the U.S.


Growth Drivers
The increasing awareness among consumers, easy availability of e-cigarettes, online distribution of products, technological advancements, and high prevalence of smoking-related diseases are the key factors attributing towards growth of the U.S. e-cigarette market. According to the Centers for Diseases Control and Prevention (CDC), cigarette smoking is the leading cause of preventable disease and death in the U.S., accounting for more than 480,000 deaths every year, or about 1 in 5 deaths. It reports that the 14.0% of all adults (34.3 million people): 15.8% of men, 12.2% of women were current cigarette smokers in 2017. However, among all current U.S. adult cigarette smokers, nearly 7 out of every 10 reported in 2015 that they wanted to quit completely. This creates a consumer segment that is more prone to adopt e-cigarettes.

Challenges
Despite the lobbying by the industry players, U.S. Food and Drug Administration (FDA) have not included e-cigarettes as smoking cessation products. This remains the key challenge for the manufacturers for further promoting the e-cigarettes to masses. Also, the high cost of these cigarettes is another key factor hindering the growth of the market.


Competitive Insight
The prominent players operating in the U.S. e-cigarette market are Turning Point Brands, Inc. (International Vapor Group), British American Tobacco plc, VMR Products LLC, Altria Group Inc., Japan Tobacco Inc., Philip Morris International Inc., Imperial Brands plc, Njoy, Inc., Cigavette and FIN Branding Group LLC.

Source: VynZ Research
Posted by at No comments:
Labels: , , , ,
Location: United States

Wednesday, 15 January 2020

Business Continuity Management (BCM) Market - Analysis and Forecast To 2024, Quantitative LLC, MiniTool, Avaluation, LockPath Inc.


The global business continuity management (BCM) market was valued at USD 360.0 million in 2018. The market is growing owing to increasing demand for business continuity solutions from small and medium enterprises and increasing IT spending. Furthermore, excessive operational risks in the enterprises are other factors that are driving the growth of global business continuity management market. 


Growth Drivers
Increasing operational risks in the enterprises along with extensive demand from small and medium enterprises are the key factors driving the growth global business continuity management market. Extensive acceptance of business impact analysis (BIA) amongst large and small and medium enterprises is key factor pertaining towards the growth of global business continuity management market. There are several key players in the emerged and emerging economies that are offering risk management and customizable impact assessment to the end user with the help of BIA. 

Geography Insight
Business continuity management market in North America is anticipated to generate largest revenue during the estimated period owing to existence of large number of business enterprises in the region, threats of disruption to operations pertaining towards natural disasters and existence of flourishing financial institutions in the region. 


Competitive Insight
The eminent key players in the global magnesium stearate market are undertaking considerable investment decisions in order to gain competitive advantage. Moreover, entering into partnership agreements and performing mergers & acquisitions are the key development strategies being implemented by the crucial players of magnesium stearate market. 

Some of the key players in the global business continuity management market include Synology, Altaro Software, Storage Craft, MetricStream Inc., CloudAlly, VMware, Dell EMC, Strategic BCP, IDrive, Arcserve, International Business Machines (IBM) Corporation, Logic Manager Inc., Continuity Logic, Microsoft, Nero, Sungard Availability Services, Fusion Risk Management Inc.,  Quantitative LLC, MiniTool, Avaluation, LockPath Inc., SAI Global Pty Ltd, and Rackspace.

Contact

Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960
Posted by at No comments:
Labels: , ,
Location: United States

High Power LED Market – Market Coverage, Company Covered, Analysis and Forecast To 2024, Broadcom Inc., Epistar Corporation

The global high power light-emitting diode (LED) market is projected to reach USD 17,985.3 million by 2024, registering a CAGR of 5.4% during the forecast period. Growing adoption of energy-efficient lighting solutions and increasing government support for the adoption of LED lights, propelling the growth of the market.
High Power LED Market Highlights


Growth Drivers
Global high power LED market has been driven by several key factors, predominantly increasing adoption of energy-efficient lighting solutions across the globe, increasing awareness towards the conservation of energy, and rising demand for high power LEDs in automotive applications.

Geography Insight
Geographically, Asia-Pacific has accounted for the largest share in high power LED market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the rising demand for energy-saving and eco-friendly lighting products in application areas, such as railways, roads, and buildings.


Competitive Insight
Some of the key players operating in the global high power LED market are Samsung Electronics Co. Ltd., Cree Inc., Seoul Semiconductor Co. Ltd., LG Innotek Co. Ltd., Broadcom Inc., Epistar Corporation, Everlight Electronics Co. Ltd., and MLS Co. Ltd.


Contact

Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960
Connect With Us: Linkedin | Twitter | Facebook
Posted by at No comments:
Labels: , , , ,
Location: United States

Asia-Pacific E-cigarette Market – Analysis and Forecast To 2024, VMR Products LLC, Altria Group Inc., Japan Tobacco Inc.


The Asia-Pacific e-cigarette market is expected to grow at a CAGR of 26.7% during the forecast period with its market size predicted to reach USD 13.5 billion by 2024. The Asia-Pacific e-cigarette market is driven by factors such as increasing awareness among consumers, government initiatives to curb tobacco use, increasing tobacco and drug abuse in the region, and upsurge in the e-commerce industry. Disposable cig-a-like, rechargeable cig-a-like, and open tank vaporizer are the major contributor to the Asia-Pacific e-cigarette market size.


Growth Drivers
Increasing awareness among consumers, government initiatives to curb tobacco use, increasing tobacco and drug abuse in the region, and upsurge in the e-commerce industry are driving the Asia-Pacific e-cigarette market. According to the World Health Organization (WHO), smoking causes 1 million cardiovascular deaths in Asia Pacific each year. Nearly 1 in 4 people in the Region are smokers, which puts them at risk of cardiovascular disease. However, non-smokers who are exposed to second-hand smoke also face an increased risk of heart disease and stroke, resulting in some 168 000 deaths in the Region each year.

Geographic Overview
Among different countries, China is the largest market for e-cigarettes in Asia-Pacific. The primary factors leading to the adoption of e-cigarettes in China are the increasing awareness among the smokers to quit smoking, promotion or marketing of e-cigarettes as an alternative or as smoking cessation by manufacturers, technological advancements, and high prevalence of smoking-related diseases.


Competitive Insight
The key players operating in the Asia-Pacific e-cigarette market are China National Tobacco Corporation, Turning Point Brands, Inc. (International Vapor Group), British American Tobacco plc, VMR Products LLC, Altria Group Inc., Japan Tobacco Inc., Philip Morris International Inc., Imperial Brands plc, VAPETASIA, Puff E-Cig, ITC Limited, and Boluvaper Technology Co., Ltd.


Contact
Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960

Posted by at No comments:
Labels: , , , ,
Location: United States

Commercial Refrigeration Equipment Market – Analysis and Forecast To 2024, Dover Corporation, AB Electrolux, Illinois Tool Works Inc., Hussmann Corporation



Industry Overview
The global commercial refrigeration equipment market is expected to grow at a CAGR of 6.4% during the forecast period with its market size predicted to reach USD 64.0 billion by 2024. The global commercial refrigeration market is anticipated to be driven by factors such as the increasing demand for ready-to-eat food and the mounting number of organized retail shops. 


Growth Drivers
The key factors pertaining towards the growth of the commercial refrigeration equipment market are adoption of natural refrigerants, improved efficiency, growth in food industry, increasing demand of ready to eat food, egg, meat and other animal derived food. Natural refrigerants are those which serve as refrigerants in the refrigerator and do not contain synthetic chemicals. thus, they are extensively being utilized for environmental sustainability worldwide.

Geographic Overview
Geographically, Asia-Pacific is the largest commercial refrigeration equipment market due to the increasing industrialization, in countries such as India and China. Increasing population in the region is also one of the reason behind the growth of the market. Growing food and beverages industry in China and India is supporting the growth of the market in the region.


Competitive Insight
Key players in the commercial refrigeration equipment market are investing heavily in improving the quality of these equipment and developing the latest technologies that are strengthening their position in the market. However, it has been observed that local players are depending upon new technology to develop cost efficiencies, thus increasing the rivalry in the market to some extent.

Some of the major players operating in the commercial refrigeration equipment market are United Technologies Corporation, Johnson Controls International PLC, Daikin Industries Ltd., Dover Corporation, AB Electrolux, Illinois Tool Works Inc., Hussmann Corporation, Frigoglass S.A.I.C., AHT Cooling Systems GmbH, and Ali Group S.p.A.

Contact
Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960
Connect With Us: Linkedin | Twitter | Facebook

Posted by at No comments:
Labels: , , ,
Location: United States

Asia-Pacific (APAC) Commercial Refrigeration Equipment Market – Analysis and Forecast To 2024, Hussmann Corporation, Emerson Electric Co., and Fujimak


APAC Commercial Refrigeration Equipment Market Highlights
The Asia-Pacific (APAC) commercial refrigeration equipment market is expected to grow at a CAGR of 9.5% during the forecast period with its market size predicted to reach USD 28.3 billion by 2024. The APAC commercial refrigeration market is anticipated to be driven by factors such as the increasing food and beverages industry, rising demand for ready-to-eat food, and increasing urbanization.


Commercial refrigeration equipments are the freezers and refrigerators used in supermarkets, restaurants, restaurants, commercial kitchens and convenience stores. This refrigeration equipment is of two types, firstly those which can be self-contained, wherein the whole system that includes the refrigeration case and the refrigeration system are combined.

Insight by Application
On the basis of application, the commercial refrigeration equipment market is segmented into food and beverage distribution, food service, food and beverage retail and others. Among all these segments, food service category accounted for the largest share in the market in 2018. The growth of the market for this application is attributed towards increasing utilization of foodservice refrigeration equipment in ensuring the quality of food from the supplier to the consumer.

Competitive Insight
Key players in the commercial refrigeration equipment market are focusing more on product and services launch to meet the growing demand for refrigeration equipment, leads to strengthening their position in the market. The top three companies accounted for the majority of the revenue share in 2018 in the APAC commercial refrigeration equipment market. United Technologies Corporation was the largest player in 2018, accounting for highest market revenue share in the market.


Some of the major players operating in the APAC commercial refrigeration equipment market are United Technologies Corporation, Johnson Controls International PLC, Daikin Industries Ltd., Dover Corporation, AB Electrolux, Illinois Tool Works Inc., Frigoglass S.A.I.C., Hussmann Corporation, Emerson Electric Co., and Fujimak Corporation.


Contact

Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960
Connect With Us: Linkedin | Twitter | Facebook
Posted by at No comments:
Labels: , ,
Location: United States

Middle East and Africa (MEA) Commercial Refrigeration Equipment Market – Growth Driver, Competitive Insisight, Analysis and Forecast To 2024, Dover Corporation, AB Electrolux

Middle East and Africa (MEA) Commercial Refrigeration Equipment Market Highlights
The Middle East and Africa (MEA) commercial refrigeration equipment market are expected to grow at a CAGR of 7.7% during the forecast period with its market size predicted to reach USD 5.2 billion by 2024. The MEA commercial refrigeration market is anticipated to be driven by factors such as the increasing import of frozen meat products, rising demand for ready-to-eat food and beverages, and the mounting number of organized retail shops.


Growth Drivers
The key factors pertaining towards the growth of the commercial refrigeration equipment market are the growth in food and beverage industry, increasing demand of ready to eat food, egg, meat and other animal derived food.  

The growth in the food industry has led to incorporation of many restaurant chains and development of dining restaurants in the region thereby enhancing the demand for commercial refrigeration equipment. On the other hand, increasing disposable income of population along with the changing lifestyle in the region, results in the increasing demand for ready to eat food and other food like egg, milk and meat, thus, driving the growth of the commercial refrigeration market exponentially in the region.


Competitive Insight
Key players in the commercial refrigeration equipment market are focusing more on product and services launch to meet the growing demand for refrigeration equipment, leads to strengthening their position in the market. However, it has been observed that local players are depending upon new technology to develop cost efficiencies, thus increasing the rivalry in the market to some extent.

Some of the major players operating in the commercial refrigeration equipment market are United Technologies Corporation, Johnson Controls International PLC, Daikin Industries Ltd., Dover Corporation, AB Electrolux, Illinois Tool Works Inc., Frigoglass S.A.I.C., AHT Cooling Systems GmbH, and Ali Group S.r.l. a Socio Unico.

Contact
Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960

Posted by at No comments:
Labels: ,
Location: United States
Subscribe to: Posts (Atom)