Research Report Insights (RRI) forecasts modest growth for the global bicycles and components market over the next decade. During this 10-year assessment, the market size is expected to grow at a CAGR of 3.5%, attaining a value of US$ 70.14 Bn by the end of 2026. According to the company’s recent report titled “Global Market Study on Bicycle and Components: U.S. Market Expected to Remain Dominant in Terms of Value and Volume Through 2026,” the market will possibly witness increased popularity of lightweight bicycles. The report confirms continued dominance of Europe in the global bicycles and components market throughout the forecast period.
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Rising awareness about physical exercising will drum up the demand for bicycles in near future. Moreover, a growing shift to eco-friendly transportation options, aggravated by burgeoning vehicle fuel prices, will collectively foster the adoption. “Advent of cutting-edge bicycle components and technology is also an important factor spurring the demand, in addition to providing consumers with a myriad options, such as road bicycles, city bicycles, mountain bicycles, etc.,” the reports states further. Promising emergence of commuter bicycles with components targeted to specific conditions is another key factor that the report highlights, impacting the market growth.
Amongst application segments, electric bikes segment will contribute a major revenue share to the global market. Compared to other counterparts, this segment is expected to witness a higher CAGR of 3.4% over 2016-2026, attributed chiefly to their superior battery life and high-fidelity battery technology. Other application segments include road bike, city bike, mountain bike, children bike, and others.
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By technology, metal components will reportedly retain dominance through 2026. Owing to rapidly growing demand for lightweight bicycles, continuous fiber components segment will gain higher traction, resulting in the highest CAGR of 4.3% during the assessed period. The third segment involves discontinuous fiber components.
On the basis of components, frames will continue to lead saddles and rims, expanding at a relatively higher CAGR of 4.4% throughout the forecast period. Rims will represent the second largest component segment, according to Persistence Market Research.
As per the company’s regional analysis, the global market for bicycles and components will see the maximum growth in Asia Pacific. However, the European market will continue to lead globally, representing the largest market size over 2016-2026. Accounting for the maximum revenues of over US$ 13 Bn by 2016 end, Europe will display moderate growth post-2016. APAC will however witness a higher CAGR of 4.2% in terms of value.
“Global Market Study on Bicycle and Components: U.S. Market Expected to Remain Dominant in Terms of Value and Volume Through 2026” also profiles some of the key players operating in the global bicycle and components market, which maintain the dynamic competitiveness of the global market landscape. To mention a few of the leading companies, Giant Bicycles Inc., Atlas Cycles Inc., Avon Cycles Ltd., Cannondale Bicycle Corporation, Cycleurope AB, Accell Group N.V., Caloi Inc., Merida Industry Co. Ltd., Currie Technologies Inc., Dorel, Industries Inc., Shimano, Campagnolo S.r.l., Mavic, SunTour, Sachs-Huret, SABIC, Innovative Plastics, Toray Industrial, Mitsubishi Rayon, Toho Tenax, and BASF attract significant revenues.
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As per a recent report published by Research Report Insights the global market for gas recovery systems (FGRS) is set to surpass a valuation of US$ 2,019 Mn by 2020. The market is expected to be drive by factor such as secure energy supply, favorable government regulations and growing concerns over environmental pollution. Moreover, growing emphasis on production of clean energy is expected to propel the market towards a better position over the next couple of years. On the flip side, the factors such as, requirement of high capital investment, lack of awareness among the end user industries, complex design and overlong installation time are likely to deter the growth of the market during the forecast period.
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On the basis of product type, the global for flare gas recovery systems has been segmented into very large, large, medium and small systems. By value, small and medium capacity systems accounted for the largest share of the market in 2014, while large capacity systems held to top position in the market in terms of value due to their relatively higher price. The very large capacity segment is expected to exhibit robust growth during the assessment period. In terms of volume, this segment is projected to command for close to 43% share of the global market, registering an impressive CAGR of 15.1% during the forecast period. Meanwhile, the small and medium capacity segments are anticipated to collectively exhibit a CAGR of 13% during the same period. Capacity expansion and higher investments in the oil and gas industry is likely to make a positive influence on the global sales of small capacity systems in the years to come.
The key components of gas recovery systems include separators, heat exchangers, compressors, and gaskets. Among these, compressors are the most vital component. In addition, demand for liquid ring compressors is relatively higher as compared to other types of compressors owing to superior functionality and low maintenance.
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Among regions, West Europe is expected to remain a highly attractive region for FGRS throughout the forecast period. The region accounts for a high number of FGRS installations, owing to imposition strict regulatory norms that are aimed at controlling and reducing carbon emissions. The market in North America showcases an impressive value and volume growth opportunities for manufacturers of gas recovery system and its components amid increasing exploration for unconventional resources. In terms of value and volume, the region is expected to hold significant share of the market over 2020. In addition, the markets in North America and Europe collectively represent for more than 66% value share of global market. Asia Pacific and South America are also expected to register strong growth during the forecast period. Meanwhile, regions such as Eurasia and the Middle East and North Africa that have rich deposits of natural gas are likely to demonstrate a relatively sluggish growth over 2020 owing to extended payback period, high-cost of system installation and low proximity to return on investment.
Leading companies operating in the global market for flare gas recovery systems include, John Zink Hamworthy Combustion, Gardner Denver Nash, and Zeeco.
Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.
Our research services cover global as well as regional emerging markets such as BRICS, GCC, and ASEAN. Our offerings cover a broad spectrum of verticals which include Oil and Gas, Chemicals, Materials, Energy, Technology, Automotive, and Retail. The operating model of RRI blends cross-disciplinary research experience to deploy insightful, in-depth, and actionable research.
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The study on Global Bicycle Saddle Market, offers deep insights about the Bicycle Saddle Market covering all the crucial aspects of the Market.
This Bicycle Saddle report also provides the readers with detailed figures at which the Bicycle Saddle Market was valued in the historical year and its expected growth in upcoming years.
Get a PDF sample of Global Bicycle Saddle Market report athttps://www.orbisresearch.com/contacts/request-sample/2497538.
The information in this reports will help the companies to make informed Marketing strategies.
Moreover, ultimate goal of Market research is to analyze how the Market’s target group will obtain a product or service.
When reports are product centric, they also includes information about sales channel, distributors, traders as well as dealers.
Electrical conduit pipes are thick tubes and made of coated steel, stainless steel and aluminum. These are used to give the mechanical strength in addition to flexibility, high resistance and durability features. In a published report by Research Report Insights, it is expected that the global market for electrical conduit pipe is likely to expand at a CAGR of 3.5% throughout the forecast period, 2017-2025.
Market Dynamics
Owing to the growth of electronics industries, the global market for electrical conduit pipe is expanding robustly. Besides, the demand for HDPE pipes is increasing rapidly due to the low maintenance cost. In addition, infrastructural development, advantages of anti-corrosion properties, market consolidation & expansion and higher rate of adoption by telecommunication operations are driving the market robustly. However, few factors, such as instability in price, declining demand in the residential sector and huge production of steel, are restraining the growth.
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Key Segments
The report has given an in-depth analysis on the segmentation of the market. The global market for electrical conduit pipe has segmented widely into five sub-segments. The segments are based on the multiple material types, product types, end-use industries, various applications and regions. As per the report, it is expected that the product type segment is likely to witness a robust growth in the near future and also is expected to expand at a CAGR of 3.6% in the assessment period.
On the basis of different materials, the market has bifurcated into plastic and metal. Some materials, such as PP, LDPE, PVC, HDPE and others, are included in the plastic type materials segment. Beside these, stainless, aluminum and galvanized steel fall into metal type materials. The plastic segment is likely to experience as the largest and fastest growth segment in the global market for electrical conduit pipe.
The key end-uses of the market has segmented into industrial, residential and commercial sub-segments. Besides, the commercial segment is estimated to account for 3.7% CAGR in the assessment period, on the basis of expansion and value share.
On the basis of application, the market has two segments, such as IT & Telecommunications Data Cables and Electric wire cable. Moreover, the electric wire cables sub-segment in the application type, is predicted to expand at 3.5% CAGR in the approaching years.
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Geographically, the global market for electrical conduit pipe has segmented into five regions, including Middle-East & Africa (MEA), Europe, Latin America, Asia-Pacific (APAC) and North America. It is expected that Asia-Pacific will be dominating the market through 2025. In addition, market for electric conduit pipes in this region will be sharing around US$ 15 Bn revenue during the forecast period.
Key Players
The global electrical conduit pipe market has enlisted various companies as the key players, such as Sanco Industries Ltd., JM Eagle Inc, Cantex inc, Premier Conduit Inc., Astral Polytechnik Limited, Mexichem SAB de CV, Zekelman Industries Inc., Wienerberger AG, Atkore International Holdings Incorporated, Pipelife International GmbH, among others. More companies are D. P. Jindal Group, China Lesso Group Holdings Ltd., Aliaxis Group S.A., Sekisui Chemical Co. Ltd., National Pipe and Plastics Inc., Nan Ya Plastics Corp., International Metal Hose Company and OPW Corporation, among others.
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Global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.
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There have been many technological innovations and advancements taking place in the medical aesthetics market. The latest advancements in the laser technology have led to an increased number of its applications in medical aesthetics. These advancements in laser provide benefits such as, small incisions, decrease in the intensity of pain and fast recovery after the procedure. There has been a notable increase in the application of laser technology for various aesthetic treatments, such as hair removal, skin rejuvenation and body contouring, which is bolstering the global medical aesthetics market.
Some of the other key players in the market include Allergan Plc, Valeant Pharmaceuticals International, Inc., ZELTIQ Aesthetics, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd., Merz GmbH & Co. KGaA, Galderma S.A., Syneron Medical Ltd., Cynosure, Inc., Photomedex, Inc. and Lumenis Ltd.
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The global natural pigment industry market is anticipated to grow at a higher CAGR in the forthcoming period.
Natural pigments are carbon based particulate solids produced by natural and synthetic sources.
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As per the news, the University of Arizona is developing two-faculty drug compounds that helps people from skin cancer and sunburns, thus enhancing the skin’s natural color.
The chemical compounds developed by professors and have recently received licenses for MCR therapeutics.
Rising demand in emerging economies, regulation and environment concerns are likely to sum up for significant market growth.
This report gives an in-depth assessment of current Carbohydrase key market drivers, market size and trends and Global Carbohydrase opportunities, challenges, key market segments and technological developments.
It helps to convert the relatively cheap starch syrup into sugar syrup which is more valuable.
They are applicable in various industries including food & beverages, animal feed, pharmaceuticals, and others.
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Growing dairy, bakery and alcohol markets is increasing the application of carbohydrase in these industries and in turn driving the growth of carbohydrase market.
Additionally, carbohydrase mainly helps to reduce feed cost along with improvising the livestock performance which is acting as a major driver for carbohydrase in animal feed industry.
