Headphones and Earphones Market in Latin America

Are Strategic Collaborations strengthening Headphones Market in Latin America?

The adoption of smartphones in Latin America has reached to the level witnessed in developed countries. Latin America has been witnessing the highest growth rate in revenue from digital music subscriptions and streaming services over the last six years. The revenue of the music industry in Latin America increased by 17.70% in 2017, and the income from digital content increased by over 30% for the same period.

The surge in digital revenues was majorly due to the rise in streaming, which grew 49% in the previous year. Online streaming is a major driver for the rise of the music industry as well as for the headphones market. Spotify and Apple are the major companies that are driving the online music streaming segment in Latin America. Further, the increase in the urban population and the growth of disposable income are expected to increase the spending on mobile accessories, including headphones in Latin America. The rise in demand for music and the growth of music enthusiasts will further drive the headphones market in Latin America.

Maximizing Audio Quality and Enhanced Features

Product miniaturization is likely to drive the revenue of major market vendors in the coming years due to changing consumer preferences and technological advancements. The same holds true for headphones. Headphones have evolved from circum-aural to supra-aural, and later on earphones and true wireless in-ear headphones, which send the sound directly into the user’s ear canal. Hyper-compression technique is used to boost the dynamics of recordings. The current upsurge in hyper-compressed recordings offers significant evidence of the role of the noisy environment as catalysts to the evolution of digital audio production. This drives to analyze mobile listening situations as complex interactions of audio technology, human perception and sensations, and contextual factors.

The removal of the headphone jack has paved the way for true wireless headphones. True wireless headphones are focusing on offering several real-time solutions rather than streaming music and answering calls. Sound transparency, ambient noise control, speech elevation, and augmented hearing functionality are some of the solutions offered by true headphones.

Increased Collaborations

The headphones market is witnessing an increased number of collaborations between manufacturers of headphones and industry partners. The demand for music accessories, especially headphones, has given rise to several alliances over the years. Many headphone and mobile manufacturers have entered into agreements to provide advanced headphones.Such collaborations allow headphones manufacturers to launch advanced variants of their existing models and minimize R&D costs.The headphones and earphones market has witnessed a few major collaborations in the last couple of years, which include:

  • In 2014, Apple acquired Beats Electronics for $3.20 billion. This acquisition was aimed to manufacture listening products that are compatible with the Apple line of products such as iPhone, iPod, iPad, and MacBook.
  • In 2014, OnePlus and JBL formed an alliance for special edition earphones, which included a set of JBL E1+ earphones and a special edition version of the OnePlus One.
  • In 2016, Roland Corp., an electronic musical instrument and recording gear manufacturer, acquired 70% ownership stake in boutique headphone manufacturer, V-Moda.

Read:Earphones and Headphones Market in Latin America - Industry Outlook and Forecast 2019-2024

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Market research report on holographic technology

Will Holographic Technology revolutionize Medical Diagnosis?

A hologram typically is a photographic recording of the light field than an image formed by a lens. Holograms are 3D images, which can be seen through naked eyes. Holography technology is majorly used in the healthcare and commercial sectors.

While the world is moving toward an increasingly digital future, where the lines between the virtual and physical worlds are blurring, holography technology is becoming more utilitarian than utoptian.

Holographic technology is changing the world of medicine. Now, one could see a 3D holographic image of the human heart. Further, the convergence of AR, VR, and AI with holography has made diagnosis more accurate and precise. Medical holography offers a better view of human anatomy and helps improve surgicial planning, medical education, and research and training.

Advancements in digital cameras, display technology, high-internet connectivity, and the convergence of AI technology, reconstruction of digital signals to furnish holographic images in real-time have opened new prospects for holographic imaging applications in the medical sector. Further, recent advancements in holographic systems provide non-invasive diagnostics to diagnose disease. Holography is widely applied in ophthalmology, orthopedics, and dentistry. Also, the increase in government investments, the growth in R&D activities, the adoption of new technologies, and the rise in healthcare products spend are likely to drive the healthcare market.

Increased Usage of Touchable Holographic Display

Touchable holographic display is a new technology, which enables the user to touch the projection mid-air. It is majorly used in medical (for medical imaging projectors and anatomical imaging), defense, consumer electronics, and other commercial sectors. Touchable holograms were conceptualized in 2015 by Tsukuba University, Japan. Currently, touchable holographic display sare being used in commercial applications at marketing and promotional events. Displair is a leading vendor in the touchable holographic display market.

Further, the integration of consumer electronic products with touchable holographic displays is likely to grow in the coming years says. Hence, touchable holography is expected to gain profits in the coming years due to high invest in R&D and growing demand and adoption of advanced displays technology

Increasing Use of Real-time Holographic Imaging

The global IT healthcare market is expected to reach $229 billion by 2020. Since 2011, over 1,200 venture capitalists have invested more than $14 billion in the US healthcare market for developing digital healthcare technologies.  Some of the major innovations in the healthcare industry include next-generation sequencing (NGS), 3D-printing, immunotherapy, artificial intelligence (AI), point-of-care diagnostics (POC), virtual reality (VR), augmented reality (AR), biosensors and trackers, convenient care, and telehealth. Therefore, holographic technology will revolutionize the healthcare industry by making treatment and diagnosis easier and more accurate and efficient. Holographic imaging will benefit doctors in visualizing abnormal or complex 3D structures such broken and displaced bones that can result in trauma.

Cardiologists and cardiac surgeons at Toronto General Hospital’s Peter Munk Cardiac Centre (PMCC) recently performed the first live medical procedure using real-time holographic imaging developed by Israeli company,RealView Imaging Ltd. The doctors used the device called as HOLOSCOPE-i and performed the world’s first valve-in-valve mitral valve procedure, a minimally invasive procedure that replaced a worn-out surgical valve. The device provides complete realistic, spatially accurate 3D in-air holograms. Such types of operation will the bring radical changes to the healthcare industry and will reduce the complexity and difficulty level of surgeries. Holographic imaging will provide surgeons and healthcare professional a clear footage of the organ or the affected part, thus helping in concluding accurate and precise inferences.

Read: Holographic Imaging Market - Global Outlook and Forecast 2019-2024

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sound-reinforcement-europe-industry-analysis-size-share-trends

Are Strategic Partnerships increasing Brand Visibility of Sound Reinforcement Products?

The adoption of sound reinforcement products in Europe has reached a significant level in the last few decades. Sound reinforcement products have witnessed the highest growth revenues due to the increase in live musical performances and the rise of the music industry in the region. Strategic collaborations between manufacturers and musical artists have also benefited the sound reinforcement market significantly. The sound reinforcement market in Europe is expected to reach $2.24 million by 2024.  A major reason for the increased growth of the sound reinforcement market is the replacement of legacy pro AV systems and other systems.

Also, the popularity of music groups, festivals, and concerts among people is another major factor responsible for market growth.  The improving economy in several European countries has significantly contributed to the growth in per capita income, thereby increasing the attendance in live musical performances and concerts across the region.

Expanding Music Industry and Increasing Live Performances

Sound reinforcement products, lighting systems, and associated pro AV systems and solutions are an integral part of the live music industry. In the last couple of years, Europe has witnessed a spurt in musical events due to increased revenues from live musical shows. Further, increasing corporate sponsorship for music tours, venues, and events is also contributing to market growth. For instance, the live music industry in the UK contributed more than $1.3 billion in the GVA (Gross Value Added) for 2017, while simultaneously employing more than 28,500 people.

Also, a high number of audiences are attending musicals event to listen and watch their favorite artists perform. For instance, the total audience attending live music concerts, festivals, and events in the UK reached more than 29.0 million in 2017. Hence, musical events and concerts are helping to boost market growth significantly in the country.

Increasing Trend for Strategic Partnerships with Artists

The increasing trend of strategic partnerships with artists is playing a pivotal role in the development of the audio equipment market. These partnerships have proved successful as they help to promote stars, artists or performers as brand ambassadors. For instance, Ed Sheeran use of Sennheiser’s microphones and other products have given the brand an edge owing to the fact that it is associated with a famous rockstar. Therefore, the association of a mega rock or pop star with any musical company brand is sufficient to promote or increase visibility worldwide.

Hence, vendors in the market are looking forward to capitalizing upon strategic partnering opportunities and establishing the presence as one-stop solution providers for sound reinforcement systems.  Audio-Technica, Bose, Harman International, MUSIC Group, Sennheiser, Shure, Sony, and Yamaha are some of the leading vendors in the European sound reinforcement market.

Read: Sound Reinforcement Market in Europe - Industry Outlook and Forecast 2019-2024

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Functional Chewing Gum Market Research Report 2024

Sliming Chewing Gums can lead to Weight Loss

Functional chewing gums have more health benefits than traditional chewing gums. Nicotine gums, oral health gums, dietary gums, and lifestyle gums are the most common types of functional chewing gums. The functional chewing gum segment accounts for approximately 24.19% of the global chewing gum market, which is expected to reach around$10 billion by 2024. To increase the sale of chewing gums, vendors are incorporating several benefits such as energy gums, tooth whitening gums, sleep gums, weight reducing gums, focus gums among others. For instance, Khlôros Technologies (Chewed) has introduced a functional gum for relieving hangovers and increasing energy, concentration, and sleep.

Geographically, APAC accounts for the largest share and has captured around half of the functional chewing gum market. The presence of a large proportion of the young population, growth in health challenges such as obesity, diabetes, and a large proportion of the smoking population are primarily driving the market for functional chewing gums in the region.

Sliming Chewing Gums have been effective in managing weight loss

According to several surveys, around 604 million adults and 108 million children are suffering from obesity worldwide.Obesity can largely be prevented by reducing fat and sugar intake, consuming fresh fruits and vegetables and engaging in physical activities. Chewing gums can significantly reduce the calorie intake,thereby facilitating the weight management process. Manufacturers have introduced special functional chewing gums with added ingredients that help to curb hunger, reduce fat, and decrease weight in consumers. For instance, CévaSlim is a functional gum with added ingredients such as chlorogenic acid that inhibits formations of glucose in the liver, thus absorbing fat directly from the food taken.

Similarly, WUGUM introduced diet gums, which stimulate the secretion of required fluids without adding calories to the body. Hence, sliming chewing gums help to reduce weight by curbing hunger and extra eating.

Sugar-Free Chewing Gums Stop Tooth Decay

Sugar-free chewing gums captured more than half of the global chewing gum market in 2018. Clinical studies have proven that sugar-free chewing gums help to maintain oral health by producing more saliva. They are sweetened using natural ingredients such as aspartame, xylitol, sorbitol, or mannitol, which restrict the production of plague bacteria. Several key chewing manufacturers are using xylitol as a sweetening agent in functional chewing gums due to xylitol’s multiple health benefits. Some of the popular brands of functional chewing gums with Xylitol includes Trident, Epic dental, Orbit, Spry, Lotte. The rising trend for sugar-free chewing gum is expected to drive the functional chewing gumsmarket during the forecast period.

Read: Functional Chewing Gum Market - Global Outlook and Forecast 2019-2024

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Door Closers Market

Innovations and Compliance Regulations driving Door Closers Market

The usage of doors closers has been since time immemorial. Door closers have found a mention in the writing of the Hero of Alexandria, where a device called “Automata” was used to open and close the temple doors automatically. The commercialization of door closers started in the Victorian era with companies starting trading over spring door closers. In November 25, 1873, Francis Richards filled the first patent for door closers in the US. However,the big moment arrived in 1877 with the entry of Lewis C Norton, who entered the door closers market by designing a door check for the Boston Trinity Church. As of now, several Chinese and Indian companies have entered the market and are already creating a niche for themselves.

Global Rise in Construction Activities

The growth of commercial construction spaces- shopping malls, office and residential buildings, and retails outlets – has tremendously affected the door closers market in the last two decades. Since 2013, the commercial real estate market has grown by 2.9% to reach a value of approximately $6.1 trillion in 2018. The number of business has also increased by 2.9% and the number of employees increased by 2.8% in the last five years. Further, the global residential construction output grew at 3.5% in 2018. The 2009 economic recession had resulted in decreasing employment, declining property values, thereby resulting in contraction of the commercial real estate industry, especially in mature markets such as US, Europe, and Japan. However, with economic recovery, the investments in real estates has started recovering. The volume of global construction output is expected to grow by 85% by 2030. India, China, and US are expected to lead the construction output market with 57% of the global construction output. The growth of the global construction market is primarily supported by the economic recovery of developed countries and growing industrialization in developing countries.

Product Innovations and Changing Regulations

Constant innovations in door closers appliances have increased technical features and product efficiency. Major players are adopting state-of-the-art features in their products to keep pace with changing regulations and consumer demands. Major key players are manufacturing door closers that meet the recently updated BS8300 standards for low opening forces, CE markings, and complaint with fire regulations. Similarly, CRL, a leading manufacturer of storefronts, entrance and door controls, has introduced a new hydraulic patch fitting systems for interior glass entrances. The system includes an innovative, hydraulic self-closing mechanism integrated into the patch fitting. This hydraulic patching system can enhance the aesthetics by reducing the amount of visible hardware. This fitting feature also offers adjustable latching and closing speeds, as well as hold-open features. Further, door closers in the US require to comply with the Americans with Disability Act (ADA) and the Equalities Act-disability legislation, which ensure easy access for individuals for disability to the places such as, public accommodation, commercial facilities, and state and local government facilities

The market is witnessing high demand for concealed or integrated door closers. Integrated or concealed door closers refer to the type of door closers, which are hidden within the jamb. They are fitted into the recesses of the door and the frame. They are not visible once the door is closed.

Therefore, rapidly developments in infrastructure, coupled with strong economic growth, rise in corporate profits shares, improvement in lifestyle and growth in the construction output, especially in China and India,will support the growth of the door closers market during the forecast period.

Advancements of AI, IoT, and Machine Learning Technology

Advancements of AI, IoT, Machine Learning technology will reshape the future of consumers appliances. Language translating devices seem no exception. Vendorshave incorporated deep learning and machine translation functionalities and technologies to process and convert the source language to desired target languages.

Fluential Inc. has developed a concept-based approach for speech translation. This system can be applied to cover the technology gaps that are limiting present language translating devices to accept and process complex and lengthy sentences in a two-way communication scenario.

Similarly, Fujitsu has been introduced one of the advanced language translating devices in the field of healthcare. The device is wearable like an ID card and houses multiple microphones to capture the voice of the patient and the hospital staff.

 

Increased Collaborations, Improved Functionalities

Increased strategic among vendors and tech companies are likely to increase translation capabilities and functionalities of language translating devices.Bragi partnered with iTranslate to incorporate language translation capabilities into its wearable devices, the Dash Pro. Similarly, Lingmo powers its language translation algorithms through the use of AI suits.

Read:Door Closers Market - Global Outlook and Forecast 2019-2024

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Global IV Iron and Oral Iron Drugs Market Research Report 2024

Anemia, a Threat Too Big to Ignore

The World Health Organization (WHO) has categorized iron deficiency (ID) as the most widespread nutritional disorder worldwide. ID is affecting around one-fourth of the global population, especially women and children. According to the WHO, anemia affects around 25% of the global population and is frequently caused by the deficiency of iron. Anemia is associated with chronic fatigue, diminished well-being, and impaired cognitive functions. A recent study on IV iron and oral iron drugs industry states that the prevalence rate of ID is expected to grow as the incidence of several chronic disorders in the aging population is growing worldwide.

As iron plays a critical role in multiple metabolic pathways, including energy production, respiration, DNA synthesis, and cell proliferation, clinical consequences of untreated ID can be life-threatening. ID can cause neurobehavioral disorders such as restless leg syndrome, exacerbations of certain diseases such as angina, and cognitive impairment in children. ID is a common comorbidity of other diseases/conditions and not the main cause of the disease, therefore, people often neglect associated complications of untreated ID.

Prevalence

Globally, the prevalence of ID is in the range of 4–12% in adults, with IDA affecting about half of adult male and post-menopausal female patients. More than 2 billion people are affected with ID worldwide. IDA is widely prevalent in the patient groups with chronic kidney disease (CKD), chronic heart failures (CHF), and inflammatory bowel diseases(IBD) as well as in pre-menopausal and pregnant women and children.

Unfortunately, ID remains an under-diagnosed and under-treated condition despite its high prevalence and its potentially serious adverse events on patient lives. In the US, around 15 million people have ID, including 5 million people suffering Iron Deficiency Anemia(IDA).

In addition, the incidence of ID and IDA is associated with the presence of other chronic conditions. The probability of the IDA incidence as a co-morbid condition is high in patients with several chronic conditions. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), the overall prevalence of CKD in the US is around 14%. In Europe, the European Renal Association (ERA) reported that CKD has prevalence of around 10% in the region. Also, IDA is common in people with CKD and IBD. The prevalent population of CKD and IBD in EU5 is approximately 1.5 million.

Health consequences of ID include majorly poor outcomes during pregnancy, with anemia contributing to around 20% of all maternal deaths worldwide, as well as impaired physical and cognitive development in neonates, increased risk of child morbidity, and reduced productivity in adults.

It is estimated that around 2 billion people are anemic globally, of which more than 1 billion suffer from IDA. In the US alone, Iron Deficiency Anemia(IDA) affects more than 14 million people. In developing countries, around 50% of pregnant women and 40% of pre-school children have anemia.

Treatment

Several research and clinical studies have confirmed that early diagnosis and proper treatment improves the quality of life and the physical condition of ID patients and alleviates fatigue and cognitive deficits. According to the WHO, timely and effective treatment of ID can both restore personal health and raise national productivity levels by 20%.

Iron drugs can be administered either orally or intravenous. An iron replacement therapy includes the usage of IV iron or oral iron drugs. An oral iron therapy is considered as the first-line of treatment for the condition. However, the demand for IV iron drugs is increasing as they are proven to be safer and more effective than oral iron drugs.

Prevention

Therefore, the prevention and treatment of ID is a major public health goal, especially in women and children globally, and in all age groups in developing and low-income countries. Iron deficiency causes significant morbidity and failure to treat ID effectively with currently available approved medications can cause the disease to progress to IDA. IDA can be usually seen in patients with diseases such as CKD, IBD, CHF, and in women with excessive uterine bleeding.

As the elderly population is growing, the prevalence of CKD is increasing worldwide as they are susceptible to a variety of chronic and age-related diseases. Therefore, expanding pool of ID and IDA population, coupled with increasing prevalence of chronic conditions,should call for serious measures to effectively treat this humongous disorder.

Read: IV and Oral Iron Drugs Market - Global Outlook and Forecast 2019-2024

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language-translating-devices-market-size-TB

Language Translating Device: A New Marvel on the Technological Horizon

The emergence of smart hearables has kept consumers in a willingness suspension of disbelief. What next? is a question that is making consumers in the electronic segment rife with speculation. While the segment is observing a high level of innovations, advanced wearable devices, including language translating devices, are hogging limelight with their real-time solution capacities.

A language translation device is capable of recognizing the language spoken by the user (source language) and implements rule-based or statistical machine translation algorithms to translate the source language into target language. Language translating devices are increasingly using Artificial Intelligence(AI) to identify, understand, and maintain the communication. They are capable to process the input source language and translate it into the target language.

Bluetooth Smart Protocol

The convergence of smart wearables, augmented hearing, and language translating solutions has been initiated and is expected to gain momentum in the future. In 2014, Apple began to license a proprietary variant of its Bluetooth Smart protocol to hearing aid manufacturers, allowing them to build products that could stream voice and music from an iPhone as well as operate as a hearing aid. This set the stage for the arrival of the Bluetooth Hearing Aid profile, which will extend this functionality and bring interoperability to phones, hearing aids, and hearables in public spaces.

As a result of these developments, language translating wearables will no longer be mundane accessories but valued possessions among travelers, business users, and commoners.

Increased Investment

Currently, the AI application includes, speech and image recognition, purchase prediction, natural language processing and interactive assistants such as, Apple’s Siri, Amazon Alexa or Google Assistant. The demand for AI and machine learning technologies across verticals is significantly growing across the world. The market for AI technology is expected to grow rapidly over the next decade. Investments in AI along with machine learning and robotics are expected to reach $232 billion in 2024 from $12.4 billion in 2018. Investments in AI based private start-ups has increased significantly over the last decade. The number of AI startups in US were approximately 50 in 2000, which exceeded over 800 in 2018. The number of AI startups increased by 2.1 times between 2015and 2018.

Advancements of AI, IoT, and Machine Learning Technology

Advancements of AI, IoT, Machine Learning technology will reshape the future of consumers appliances. Language translating devices seem no exception. Vendorshave incorporated deep learning and machine translation functionalities and technologies to process and convert the source language to desired target languages.

Fluential Inc. has developed a concept-based approach for speech translation. This system can be applied to cover the technology gaps that are limiting present language translating devices to accept and process complex and lengthy sentences in a two-way communication scenario.

Similarly, Fujitsu has been introduced one of the advanced language translating devices in the field of healthcare. The device is wearable like an ID card and houses multiple microphones to capture the voice of the patient and the hospital staff.

 

Increased Collaborations, Improved Functionalities

Increased strategic among vendors and tech companies are likely to increase translation capabilities and functionalities of language translating devices.Bragi partnered with iTranslate to incorporate language translation capabilities into its wearable devices, the Dash Pro. Similarly, Lingmo powers its language translation algorithms through the use of AI suits.

Read:Language Translating Devices Market - Global Outlook and Forecast 2019-2024

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Single use bioprocessing market - Global SUB Market Report

Do Biopharmaceutical Applications Lead Global SUB Market?

Single-use bioprocessing (SUB) is revolutionizing the field of biopharmaceutical manufacturing globally. SUB refers to the usage of vessels, equipment, conduits, and other active consumables that come into contact with process fluids only once and are then discarded after the usage. In their purest form, SUB replaces stainless steel or glass with plastic products. The components used in SUB manufacturing are polyamide, polycarbonate, polyethersulfone, polyethylene, polypropylene, polyvinyl chloride polytetrafluoroethylene, cellulose acetate, and ethylene vinyl acetate.

The global SUB market is projected to generate revenues of approximately $7 billion by 2024, with CAGR of more than 14% during 2018-2024

Why companies prefer SUB?

Several biopharma companies are adopting this technology for its ease and flexibility. This technology offers customization depending on the varying product supply and demand. Also, it has many key advantages such as low-capital expenditure, reduced risk of cross-contamination, and flexibility to meet changing consumer needs.

The global SUB market is categorized into the following segments based on application:

  • Filtration

The filtration segment accounts for a major share of 34% in the overall global SUB market. Single-use filtration solutions benefit biopharmaceutical manufacturers by saving on energy costs, reduced contamination, cleaning expenses, and time. Single-use filtration devices in global SUB market feature high-efficiency membrane components that allow high-temperature metabolic reactions to flow smoothly. Due to the benefits, they are widely used in research activities and across small and large-scale production batches.

In April 2017, Merck KGaA introduced Pellicon Capsule with Ultracel membrane, a first-of-its-kind single-use tangential flow filtration capsule for bioprocessing of monoclonal antibodies and antibody-drug conjugates, thereby boosting growth of the in the global SUB market.

  • Storage & Transfer

The storage and transfer segment accounts around of 1/3rd of the total global SUB market share. Single-use storage solutions are critical as the manufacturing of biopharmaceuticals involves handling large volumes of liquids such as media and buffer during upstream, downstream, formulation, and filling bioprocesses. The major advantages of single-use storage and transfer products include – scalability, ready integration, operational, and economic & cost-effective.

For example, in the global SUB market, LabPure fluorinated ethylene propylene bags from Saint-Gobain are manufactured with a proprietary laser-sealed method that ensures safe storage of liquid and process materials.

  • Cell Culture

The cell culture segment accounts for less than 1/4th of the total global SUB market share. Cell culture operations plays a vital role in determining overall bioprocess productivity. Single-use bioreactors are used for cell culture applications during bioprocessing. The numerous advantages of cell culture such as the elimination of validation issues lowered risk of cross-contamination, shortened downtime,  and turnaround time due to the usage of new bags for each run is leading to an increase in the adoption of single-use cell culture systems by biopharmaceutical companies in the global market.

For example, in the global SUB market, GE Healthcare offers Xcellerex XDR 50 to 2000L single-use stirred-tank bioreactors for various cell culture applications.

  • Mixing

The mixing segment accounts for less than ⅓ of the total global SUB market share. Mixing is a critical procedure for applications ranging from media and buffer preparation and in-process unit operations such as low pH viral inactivation to the final formulation. There are several advantages such as – reduced sterilization and cleaning demands, potential cost savings, ease-of-use, minimal requirement of pharmaceutical qualification and validation procedures, and the reduced risk of cross-contamination.

For instance, in the global SUB market, Thermo Fisher Scientific offers latest and innovative mixing platforms that address the needs of proper preparation of buffers, media, and other process liquids with mixing capacity ranging from 30 L to 5,000 L.

  • Purification

The purification segment accounts for the smallest total global SUB market share. Single-use sensors in first-generation single-use purification systems such as membrane absorbers and chromatography columns do not have great sensitivity and accuracy to analyze the quality and purity of biologic drugs.

For example, in the global SUB market GE Healthcare is offering ready-to-use chromatography columns with inner diameters of up to 450mm for disposable purification processes from bioreactors up to 2000 L volume.

Read:Single-use Bioprocessing Market - Global Outlook and Forecast 2019-2024

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Embedded Wireless Charger Market

Are Smart Cities the Only End-Users of Embedded Wireless Chargers?

Wireless charging technology is one of the most emerging and disruptive mechanisms in the modern world.  Embedded wireless chargers have revolutionized the electronics industry and have brought a solution to messy wires. Chord-cutting is the new trend in the electronic and digital world. The rising demand for a portable charger that offers convenience is boosting the popularity and sales of these products in the global market. The rapid changes in lifestyle, improvement in the living conditions, high-spending sentiments, awareness of the latest technology, reduced insecurity, and greater confidence are some of the factors augmenting the growth of the embedded wireless chargers market. The growing adoption of smart tech such as smart devices, smart wearables, and other connected devices is expected to drive the growth of the global market. The growing need for comfort and convenience will encourage manufacturers to launch innovative products in the global market.

The embedded wireless chargers market is estimated to generate $4 billion by 2023, growing at a CAGR of more than 34% during 2017-2023. This market research report also offers market share analysis in terms of unit shipment volume during the forecast period.

The various end-users in the global market using embedded wireless chargers are discussed in detail:

·         Public

The growing number of hotels and restaurants coupled with the adoption of smart technologies and IoT is propelling the demand for embedded wireless chargers in the global market. The public sector consists of hotels, restaurants, and airports and stations. The growing preference of more on-the-go technology will encourage consumers to cut chord of their devices and chargers in the global market. The growing number of international tourist and to meet the tourist capacity either new airports are constructed, or old ones are upgraded with recent technologies and enhanced infrastructures in the market. The expansion of production capacities across emerging markets will contribute to the revenues in the market. The public sector in the embedded wireless chargers market is expected to grow at a CAGR of around 31% during the forecast period.

·         Transport

The increase in the electrification of vehicles, in the form of powertrain, infotainment, wireless charging, connected vehicles, safety systems, and electronics is the driving the need for embedded wireless chargers across the automotive industry.  The increasing adoption of high-end electronics that are used in advanced technologies such as collision avoidance systems, infotainment, connected systems, and drive-by-wire technologies will drive the demand for embedded wireless chargers in the global market. The growing cockpit electronics demand will indirectly fuel the demand for in-car wireless charging across the global market. The leading automotive manufacturers and electronics vendors are collaborating to offer superior products to attract a maximum number of consumers in the global market.The transport sector in the market is estimated to grow at a CAGR of over 32% during 2017-2023.

·         Corporates

The growing infrastructural investment coupled with smart offices and a rise in the working population will drive the demand for embedded wireless chargers in the corporate segment across the global market. Workstation is the largest consumers of this product in the global market, followed by the lobby and conference rooms. The development of IoT offers diverse opportunities across many industries, remaking the modern workplace and streamlining its operations and resulting in higher demand for embedded wireless chargers in the market. The use of smart devices, chord cutting, and fewer spaces, and more productivity are factors driving the growth of smart offices across the global market. Chargespot, and chargifi are some of the leading solution providers to offices and corporate worlds.The corporate sector in the market is projected to grow at a CAGR of more than 37% during the forecast period.

·         Domestic

The growing number smart home and home furniture with embedded wireless chargers will propel the growth of the global market. The smart home is a subset of wider consumer IoT ecosystem. The smart home devices market is still in its infancy and has witnessed considerable growth in the past few years. The increasing popularity of the smart home concept will fuel the demand for embedded wireless chargers in the global market. North America dominated this segment in the global market. The vendors are expanding their businesses to the APAC, MEA, and Latin America to attract new consumers in the market. The increase in the disposable income of the developing economies will boost the adoption of embedded wireless chargers in the market. The domestic sector in the market is anticipated to grow at a CAGR of around40% during 2017-2023.

·         Others

The rapid urbanization across various countries will drive the implementation of embedded wireless chargers in the global market. The other segment comprises of spas, saloons, government, hospitals, schools, defense, fitness centers, gyms, and stadiums. In Asia, the urbanization level was 50%, and the lowest urbanization was reported in Africa at 43% since most of the population still resides in rural regions with minimum amenities. Such exponential growth will drive the sales of embedded wireless chargers in the global market. The others sector in the market is anticipated to grow at a CAGR of more than 40% during the forecast period.

The leading vendors offering embedded wireless chargers in the global market are:

  • Powermat Technologies Ltd
  • Aircharge
  • Zens Group BV
  • U-way
  • Legrand
  • EazyCharge
  • Channel Well Technology (CWT)
  • Leggett & Platt
  • Wi-Charge
  • Mopar
  • Mojo Mobility
  • PowerSquare
  • UP-MFG
  • Energous
  • Kube Systems
  • Eggtronic
  • ChargeSpot
  • Samsung
  • Chargifi

Read: Embedded Wireless Charger Market - Global Outlook and Forecast 2018-2023

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Global Gambling Industry - Top Vendors 2023

How are the Top Five Vendors Revolutionizing the Gambling Industry?

Economic development, increasing per capita income, and the introduction of online gambling platforms are contributing to the exponential growth of the  gambling industry.  Over the last couple of years, growing awareness about mobile applications in developing countries is encouraging the leading vendors to introduce innovative variants in the global market. The rising focus one enhanced marketing and online promotions are augmenting the development of the gambling industry worldwide. The adoption of adoption of augmented reality and virtual reality in gambling will help the vendors sustain the intense competition across the industry. The inclusion of digital or cryptocurrency as standard money results in secure financial transactions and automated tracking in the global gambling market.  The digitilazation of the gambling industry will prompt the vendors to develop supporting mobile applications that will help enhance the consumer experience. Technological innovations will boost the revenues in the global market over the next few years.

The gambling market is projected to reach values of more than $525 billion by 2023, growing at a CAGR of around 4% during 2017-2023.

The leading vendors that dominated the majority of the market share in the gambling industry are discussed below:

1.    Las Vegas Sands Corporation

Las Vegas Sands Corporationoperates integrated resorts and hotels in Asia and the US in the gambling industry. The company’s properties feature entertainment,  retail  stores, exhibitions, conventions restaurants, and Casinos. The casinos are major offerings of the company and are also the highest revenue generating segment. In its Asia operations, the company has a controlling interest in Sands China Ltd. and operates the Sands properties in Macau SAR. Las Vegas Sands Corporation is one of the leading companies in terms of land-based activities in the gambling industry. The company has integrated resorts with world-class gambling facilities like casinos and slot machines in the US, Macao, and Singapore.

Key News: Las Vegas Sands Corporation has a strategic focus on attracting more customers to family tourists and leisure activities in the gambling industry.

2.    MGM Resorts International

MGM Resorts International owns and operates casinos, resorts, and hotels in the gambling industry. The company’s properties house amenities including stay, gambling, convention centers, restaurants, spa, entertainment, and retail.The company operates several resorts with integrated casinos in the US and China. The MGM casinos have the third highest casino revenues, an estimated $6 billion in 2017. MGM Resorts International’s operations feature a variety of table games, slots, and sports and race wagering. The company also offers its premium players access to high-limit rooms and lounge experiences in the gambling industry.

Key News:MGM Resorts International focusing on executing a targeted approach to international as well as domestic expansion to increase global brand presence in the market.

3.    Galaxy Entertainment Group

Galaxy Entertainment Group is one of the leading companies in Macau with two major segments namely, hospitality and gambling. The company is one of the leading players in the gambling industry with revenues approximately $7 billion from these activities in the market. Galaxy Entertainment Group has resorts and hotels that operate of international standard casinos and gambling floors, thereby attracting new consumers in the market. The company is also exploring business partners in Monaco, Japan, and the Philippines to expand its business outside Macauin the gambling industry.

Key News:Galaxy Entertainment Group achieved growth in EBITDA for ten consecutive quarters in June 2018, thereby boosting revenues in the market.

4.    Paddy Power Betfair

Paddy Power Betfair is one of the leading players of the sports betting sector in the gambling industry. The company is active in multi-channel sports betting and allows its users to place on the sports in regions by the local laws and regulations. The company has also entered in fantasy sports market and offers to bet on games including NBA, NFL, NHL, NASCAR, Golf, EPL, and WNBA resulting in higher revenues in the gambling industry.Paddy Power Betfair also offers online casino games including blackjack, roulette, poker, and several video game themed slot games.

Key News:Paddy Power Betfair designs and develops its platforms by focusing more on online, mobile, and sports over retail, desktop, and gaming, respectively in the market.

5.    William Hill

William Hilloffers online sports betting and casino games through its websites and mobile app in the gambling industry. The company is among the top three sports betting operators in Italy and Spain.William Hill has been operating in the global gambling industry since 1934. All its 16,000 employees work to provide seamless gambling services to its users. The UK accounts for approximately 82% of the revenues, followed by Australia with 7% of its revenues. The US accounts for a 3% share of the total revenues while Italy and Spain combined generate 4% of the company’s revenues.

Key News:William Hill is diversifying its revenue sources into international channels to reduce the effects of regulatory changes in the global market.

The other prominent players operating in the market are AsianLogic, Betway, Betfred Group, Betsafe, Betsson, Bet-at-Home, Bwin, Camelot Group, Casino Cosmopol, Caesars Interactive Entertainment, CasinoEuro, Casinostugan, Casumo, Comeon, Expekt, Folkeautomaten, Gametwist, Genting Berhad, GVC Holdings, Interwetten, Jackpotjoy,  Kindred, LeoVegas, Mr. Green, Mybet, Mobilbet, Nordicbet, Norgesautomaten, Norsk Tipping, OnlineCasino Deutschland,  Pinnacle, Playtech, Rank Group, SJM Holdings Limited, Sky bet, Stargames, Sunmaker, Sportech, Svenska Spel, Tipico, Vera&john, Win2Day,  Wynn Resorts, 1xbet, and 888 Group.

Read: Gambling Market - Global Outlook and Forecast 2018-2023Read: Online Gambling Market - Global Outlook and Forecast 2018-2023

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