Global Automotive Lead Acid Battery Market, Trends & Analysis – Forecasts To 2026 By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket), By Battery Type (Flooded Battery, Enhanced Flooded Battery (EFB), Absorbent Glass Mat (AGM) Battery), By Vehicle Type (Passenger Vehicles, ICE, Hybrid Vehicles, Electric Vehicles, Light Commercial Vehicles), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Global Automotive Lead Acid Battery Market: Insights

The global automotive lead acid battery market is estimated to witness a significant CAGR during the forecast period (2019-2026).  The lead acid battery is primarily used in cars and trucks to supply high surge currents. The growth of the automotive lead acid battery market is anticipated to increase with the growing automobile industry, along with other factors, such as development in the commercial vehicle and passenger cars among others. The market is also expected to grow owing to easy recyclability and relatively long lasting storage capacity of lead acid batteries as compared to other battery type. Bulkiness, high lead content which harms the environment, emergence of alternatives and strict government laws and regulations are some of the factors expected to hamper the growth of automotive lead acid battery market.

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By Sales Channel

On the basis of sales channel, the global market is segmented into Original Equipment Manufacturer (OEM) and Aftermarkets. The Original Equipment Manufacturer (OEM) segment is expected to grow during the forecast period, owing to large number of automobile industries present across the globe. Some of the major automobile manufacturers are General Motors, Fiat, Honda and Ford among others. The automotive aftermarket is considered as the secondary market of the automotive industry, which is generally concerned with the remanufacturing, manufacturing, distribution, retailing, and installation of all vehicle parts, equipment, accessories and chemicals after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The aftermarket encloses different parts for replacement, collision, appearance, and performance. The aftermarket provides a wide variety of parts of varying prices and quality for nearly all vehicle makes and models.

By Battery Type

On the basis of battery type, the global market is classified into flooded battery, enhanced flooded battery (EFB), and absorbent glass mat (AGM) battery. The absorbent glass mat (AGM) battery segment is expected to hold the largest market share in the battery type segment. The growth of the segment can be attributed to multiple factors, one of them being no acid leaks. Low internal resistance, greater electrical reliability is one of the major factors expected to propel the growth of the market. AGM batteries are finding support with start-stop feature of various electric vehicles on account of their high cyclability and longer shelf-life. They are majorly used in mid-size vehicles and SUVs as they are lightweight. Although the cost of AGM batteries is comparatively higher, they offer longer life span than their flooded counterpart batteries.

By Vehicle Type

On the basis of vehicle type, the global market is classified into passenger vehicles, ICE, hybrid vehicles, electric vehicles, and light commercial vehicles. The passenger vehicles segment is expected to hold the largest market share in the vehicle type owing to high purchasing power of the people. Declining interest rates and low energy prices are also some of the major factors for the growth of passenger car market. The demand for electric vehicle is also expected to boost the global automotive lead acid battery market during the forecast period. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the number of new electric car sales.

By Region

Asia-Pacific is expected to hold the largest market share. High production and sale of vehicles in the region especially in countries like China, India, and South Korea are expected to be the prime factors contributing to the growth of automotive lead acid battery industry. Moreover, technological advancement in automotive lead acid batteries such as carbon emission reduction, effective wireless charging technology for electric powered vehicles is anticipated to strengthen the growth of global automotive lead acid battery market.

Europe is expected to witness considerable growth in the automotive lead acid battery market. Presence of leading vehicle manufacturers such as Renault, Volkswagen, and Daimler is one of the major factors boosting the market growth. The automotive industry of Europe has rapid development due to the favorable government policies in the manufacturing sector. In the year 2018, 17.6 million vehicles were registered in the European Union.

End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase automotive lead acid battery. The key end-users of the markets are BMW, Honda, General Motors, and Ford among others.

Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Automotive Lead Acid Battery Market Share & Competitor Analysis

Some of the key players operating in the automotive lead acid battery market are Johnson Controls International Plc, Haldex Incorporated, Lg Chem, Zf Friedrichshafen Ag, Samsung Sdi Co.,Ltd, Hitachi, Ltd, Enersys, Panasonic Corporation, Furukawa Electric Co. Ltd, Leoch International Tech, Gs Yuasa Corporation, Crown Battery Manufacturing Company, Exide Industries Limited, Robert Bosch Gmbh, and Trojan Battery Company among others.

In April 2019, Enersys introduced two new products NexSys iON and NexSys PURE batteries. The advanced Lithium-ion (Li-ion) and Thin Plate Pure Lead (TPPL) solutions are engineered to deliver simply superior power for a wide range of material handling applications

In October 2018, Trojan Battery Company launched Trillium Line of intelligent Lithium Ion batteries for deep-cycle applications with life expectancy over 5,000 cycles

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Global Motorcycle Lead Acid Battery Market Size, Trends & Analysis – Forecasts To 2026 By Battery Type (SLI Battery, Lithium-Ion Battery, Lead-Acid Battery, Others), By Vehicle Type (Motorcycle, Scooter, Sports Bike, Electric Bikes, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Global Motorcycle Lead Acid Battery Market Insights

The global motorcycle lead acid battery market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the motorcycle lead acid battery market is anticipated to increase with the growing motorcycle industry, along with other factors, such as rise in purchasing power, continuous development in the motorcycle industry and rise in the use of electric motorcycles and e-bikes among others. The market is also expected to grow owing to characteristics such as high current delivery, resistance to corrosion and abrasion, tolerance to overcharging and low internal impedance of lead acid battery. Volatile raw material cost, time to time replacement of product and strict government laws and regulations are some of the factors expected to hamper the growth of motorcycle lead acid battery market.

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Motorcycle Lead Acid Battery Market: By Battery Type

On the basis of battery type, the global motorcycle lead acid battery market is segmented into SLI battery, lithium-ion battery, lead-acid battery and others. The SLI battery segment is expected grow during the forecast period, owing to easy to manufacture, inexpensive, reliable, mature, and capable of high discharge rates. SLI means starting, lighting, and ignition and these processes are all consuming energy that is supplied by the vehicle’s battery. The market for lead-acid battery is also expected to increase during the forecast period as they are still a great fit for larger off-grid systems. Lead-acid battery have a very low energy-to-weight ratio and a low energy-to-volume ratio. Lead–acid batteries are widely used even when surge current is not important and other designs could provide higher energy densities.

Motorcycle Lead Acid Battery Market: By Vehicle Type

On the basis of vehicle type, the market is classified into motorcycle, scooter, sports bike, electric bikes and others. The motorcycle segment is expected to hold the largest market share in the vehicle type segment. The growth of the segment can be attributed to multiple factors, one of them being increasing purchasing power. Increased demand for stylish and attractive bikes is one of the major factors expected to propel the growth of the market. Manufacturers are focusing on manufacturing conventional motorcycles with sportier look featuring larger displacement engines and good fuel efficiency among others are another major factor expected to propel the demand during the forecast period. The growth of E-scooters is also one of the main reasons for the high demand of lead acid batteries.

Motorcycle Lead Acid Battery Market: By Region

Asia-Pacific is expected to hold the largest market share. The fast growing automobile sector in China, India, and South Korea are expected to be the prime factors contributing to the growth of motorcycle lead acid battery industry.  According to the report published by China Internet Information Center, Chinese automobile manufacturers sold more than 29.4 million vehicles in 2017. According to statistics published by IBEF (India Brand Equity Foundation), in year 2017, Indian auto industry became the 4th largest in the world, with net sales registering an increase of 9.5% from past year to approximately, 4.02 million units. North America and Europe is also expected to witness considerable growth in the motorcycle lead acid battery market. The growth of the market in the region can be attributed to increased technological advancement in the field of electric segment.

End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase motorcycle lead acid battery. The key end-users of the markets are Hero Motor Corp., Honda, Suzuki, and Harley-Davidson among others.

Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Motorcycle Lead Acid Battery Market Share & Competitor Analysis

Some of the key players operating in the motorcycle lead acid battery market are ENERSYS, GS Yuasa International, BS-Battery, Exide Industries Ltd, Chaowei Power, Unibat, Leoch Battery, Tianneng Battery, Banner Batteries, Southern Batteries, Camel Group, Koyo Battery, Chuanxi Storage, Deltran Battery Tender and Dynavolt among others.

In June 2018, Exide Industries Ltd and Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India's electric vehicle market and grid-based applications

In January 2018, Exide Industries Ltd launched a new range of automotive batteries in the Indian market, Epiq. The battery comes with a 6-year warranty which is the highest in the Indian market, showing the company's confidence in its cutting edge technology

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Global Mobile Virtual Network Operator Market Size, Trends & Analysis – Forecasts to 2026 By Operational Model (Reseller, Service Operator, Full Mobile Virtual Network Operator), By Subscriber (Consumer, Enterprise), By Business Model (Discount, Specialist Data, Ethnic, Business, International/Roaming, Youth/Media, Bundled, Others), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), By Region (North America, Europe, Asia Pacific, CSA, MEA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Mobile Virtual Network Operator Market Insights

The global Mobile Virtual Network Operator market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing demand for data services along with increasing number of mobile users across the globe is expected to drive the market for mobile virtual network operators during the forecast period. Growing adoption of IoT, M2M and BYOD by Mobile Virtual Network Operators is expected to propel the market growth during the forecast period. Growing usage of mobile applications, social media platforms, and multimedia services is also expected to drive the market growth during the forecast period [2019-2026]. Favorable government guidelines for mobile virtual network operators to access the Single Wholesale Network (SWN) and eliminating national roaming charges are expected to drive the market growth further.

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By Operational Model

On the basis of operational model, the global mobile virtual network operator market is segmented into reseller, service operator and full mobile virtual network operator. The service operator segment is expected to hold the largest market share during the forecast period. The service operational model is one of the most popular models for new entrants in the market. It enables mobile virtual network operators to start with a select set of operating elements and build their own operations over a period of time. The service operator model offers more control over customer-facing features, which enable the model to integrate with its services and systems in a better way.

By Subscriber

On the basis of subscriber, the market is segmented into consumers and enterprise. Consumer segment is expected to hold the significant market share during the forecast period. The increasing mobile network subscribers along with growing penetration of smart mobile devices is expected to propel the market growth between 2019 and 2026. Increased number of cellular subscribers globally is also boosting the market growth. Growing new connectivity technologies is also propelling the market growth.

By Organization Size

Based on organization size, the mobile virtual network operator market is segmented into small and medium-sized enterprises and large enterprises. Small and medium sized enterprise segment is dominating the market and is projected to grow at a high CAGR in terms of revenue during the forecast period. The implementation of mobile virtual network operator helps SMEs to increase revenue, desired business outcomes, and improved business efficiency. SMEs provide new monetization opportunities for even the smallest business customer. Many smaller businesses and startups are acutely cost-conscious, therefore, they opt for low-priced services to manage costs. The SMEs change their preferences of these services as per their requirements. SMEs are constantly evolving and adopting more innovative mobile virtual network operator services that support their business expansion strategies.

By Region

Asia Pacific is expected to hold the highest CAGR during the forecast period. Growing demand for an efficient cellular network along with increasing speed of mobile broadband are factors positively impacting the market growth in Asia Pacific region. The expanding telecommunication sector and increasing foreign investments in the region are the major factors driving the mobile virtual network operator market growth. Europe witnessed a stronger demand for mobile virtual network operators in 2018. The Europe region is the most advanced region in terms of technology adoption and infrastructure development. The increasing adoption of integrated services including VoIP (Voice over Internet Protocol), and ISP through mobile virtual network operators for enterprise are more flexible and agile business processes is expected to propel the market growth in the region during the forecast period.

End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Quick glance, Verzion communication and Comcast Corporation among others.

Vendor Landscape

The report contains a chapter dedicated to vendors operating in the mobile virtual network operator market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Mobile Virtual Network Operator Market Share & Competitor Analysis

Some of the key players operating in the mobile virtual network operator market are Boost Mobile LLC, Asahi Net, CJ HelloVision Co. Ltd., Exetel, Cyfrowy Polsat SA, FreedomPop, 7-Eleven Speak Out Wireless, Freenet AG, Japan Communications, Inc., and FirmTel among others.

In April 2019, Ooredoo Oman signed a long term partnership agreement with Friendi mobile company which is a part of Virgin Company. Friendi mobile users will receive 4G super network of Ooreddo Oman from May 2019.

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Global Functional Safety Market Size, Trends & Analysis – Forecasts To 2026 By System (Emergency Shutdown System (ESD), Fire & Gas Monitoring, High Integrity Pressure Protection System (HIPPS), Burner Management System (BMS), Turbomachinery Control (TMC)), By Offering (Component, Services), By Industry (Oil & Gas, Food & Beverages, Pharmaceuticals, Chemicals, Power Generation, Metals & Mining, Water & Wastewater, Others), By Region (North America, Europe, Asia Pacific, CSA, MEA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Global Functional Safety Market: Insights

The global functional safety market is estimated to witness a significant CAGR during the forecast period (2019-2026). Functional safety can be defined as a part of a security system or equipment. Functional safety involves the ability to detect a potentially hazardous condition, which can then result in the activation of a corrective or protective device which enables prevention of hazardous situations arising or providing mitigation in order to reduce the consequences of a potentially harmful event occurring. The growth of the functional safety market is anticipated to increase with the high requirement for reliable safety systems to ensure personnel and asset protection. The market is also expected to grow owing to surging demand for safety systems in oil & gas industry. High investment required for installing functional safety systems, lack of awareness and complexity of standards and strict government laws and regulations are some of the factors expected to hamper the growth of functional safety market.

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Functional Safety Market: By System

On the basis of system, the global functional safety market is segmented into Emergency Shutdown System (ESD), Fire & Gas Monitoring, High Integrity Pressure Protection System (HIPPS), Burner Management System (BMS) and Turbomachinery Control (TMC). The fire & gas monitoring segment is expected grow during the forecast period, owing to its usage in various end use industries such as oil & gas, power generation, and metals & mining among others. The market for Emergency Shutdown System (ESD) is also expected to increase during the forecast period owing to its usage in various emergencies. Emergency Shutdown System (ESD) is designed to minimize the consequences of emergency situations, related to typically uncontrolled flooding, escape of hydrocarbons, or outbreak of fire in hydrocarbon carrying areas or areas which may otherwise be hazardous.

Functional Safety Market: By Offering

On the basis of offering, the global functional safety market is classified into component and services. The services segment is expected to hold the largest market share in the offering segment. The growth of the segment can be attributed to gaining pace with an increasing adoption of safety instrumented systems (SIS) by manufacturing companies and growing demand for functional safety, especially in oil & gas and chemical industries. The service segment is further divided into testing, inspection, & certification, maintenance and training & consulting. Maintenance services are expected to continue to hold the largest size of the market based on service offerings, followed by testing, inspection, and certification (TIC) services. Maintenance is a critical factor in the overall life cycle of functional safety. After the installation of functional safety, end users have to maintain the SIF and SIL level throughout the life cycle.

The component segment is also further divide into safety sensor, programmable safety system, safety controller/module/relay, safety switch, emergency stop device and final control element.

Functional Safety Market: By Industry

On the basis of industry, the global functional safety market is segmented into oil & gas, food & beverages, pharmaceuticals, chemicals, power generation, metals & mining, water & wastewater and others. The power generation segment is expected to grow during the forecast period as power generation plants pose high risks to human lives as well as the environment. Therefore, a high level of functional safety is required for such plants. Functional safety systems, such as burner management, fire and gas monitoring, and emergency shutdown systems, are widely used in power plants. Fire and gas monitoring solutions are specially deployed in power plants and substations to address applicable laws and regulations. Further, a burner management system (BMS) protects boilers from exploding by ensuring safe and orderly operating sequences during start-ups and shutdowns.

Functional Safety Market: By Region

Asia-Pacific is expected to hold the largest market share. This growth would likely be driven by increasing industrialization in emerging economies such as China and India. Asia-Pacific presents a high potential for installation of functional safety in the oil & gas, chemicals, and power generation industries. The growing demand for petrochemicals in countries such as China and India is enforcing them to increase the production of oil, gas, and chemicals. The adoption of safety automation solutions in manufacturing industries in this region is increasing significantly with rapid industrialization, thereby contributing to market growth.

North America is expected to witness considerable growth in the functional safety market. The growth of the market in the region can be attributed to increased technological advancement in the field of precision tools and sophisticated machine parts. The market of functional safety is also expected to grow in Middle East and Africa. Increased foreign direct investment is one of the major factors propelling the market growth in MEA region. Increased installation of manufacturing plant by some of the multinational companies including Koensigsegg, BMW, and LG among others is expected to positively influence the growth of the market.

The end-user landscapFunctional Safety Market: End Use Landscapee entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Functional Safety. The key end-users of the markets are BMW, LG, Bosch, and Siemens among others.

Functional Safety Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Functional Safety Market: Share & Competitor Analysis

Some of the key players operating in the Functional Safety market are Johnson Controls (Tyco), Balluff, DEKRA, EXIDA, Mogas Industries, SGS group, Schlumberger, TUV Rheiland AG, TÜV SÜD, Velan Inc, Intertek, Frames Group, Paladon Systems LTD, Proserv Ingenious Simplicity,  and Pietro Fiorentini among others.

In November 2019, Johnson Controls acquired EasyIO Building and Energy Management System (BEMS) growth opportunities in the Americas, Europe, Middle East and APAC building automation markets, as well as the global HVAC and refrigeration markets.

In January 2019, Johnson Controls launched an advanced sound conditioner optimized for low frequency sound attenuation. The product is optimized to target specific frequencies of sound generated by air handling units (AHUs).

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Global Hyperloop Technology Market Size, Trends & Analysis – Forecasts To 2026 By Transportation System (Capsule, Tube, Propulsion System, Route), By Carriage Type (Passenger, Cargo/Freight), By Region (North America, Europe, Asia Pacific, MEA, CSA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Global Hyperloop Technology Market: Insights

The global hyperloop technology market is estimated to witness a significant CAGR during the forecast period (2019-2026). Hyperloop Technology consists of pods carrying passengers would travel through the tubes at speeds topping out over 700 mph. The growth of the hyperloop technology market is anticipated to reduced travel time and transportation cost. The market is also expected to grow owing to need for decongestion of cities and less land area required to construct a hyperloop network than other transportation modes. High investment required for installing hyperloop technology systems, risk of capsule depressurization and concerns related to safety and security are some of the factors expected to hamper the growth of hyperloop technology market.

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Hyperloop Technology Market: By Transportation System

On the basis of transportation system, the global hyperloop technology market is segmented into capsule, tube, propulsion system and route. The capsule segment is expected to grow during the forecast period, owing to the fact that pods run at high speeds and have efficient propulsion due to the low air pressure inside the tube, which prevents the outside air friction from limiting the speed of the pod.

Hyperloop Technology Market: By Carriage Type

On the basis of carriage type, the global hyperloop technology market is classified into Passenger and Cargo/Freight. The passenger segment is expected to hold the largest market share in the carriage type segment. A passenger carriage pod is designed to carry only passengers. According to the design or prototype, each capsule or pod would be capable of carrying approximately 40 passengers and traveling at the speed of 760 mph (1,220 kmph). According to the Alpha Document by SpaceX, passenger carriage pods are designed to be 7 feet 4 inches (2.23 meters) in diameter.

Hyperloop Technology Market: By Region

North America is expected to witness considerable growth in the hyperloop technology market. The region is expected to hold a major share of the total market due to the presence of a large number of major industry players. The region is also expected to expand at a significant rate, driven by countries such as the U.S. and their increasing adoption of Hyperloop technology. Europe, primarily driven by developed and high income European Union economies is expected to follow North America in terms of market share. Europe is expected to be followed by Asia Pacific in terms of market share. The hyperloop network in the region is anticipated to present strong business opportunities and bolster business relationships. Middle East & Africa, and South America, with growing awareness about hyperloop technology are expected to hold a minor share of the total market.

Hyperloop Technology Market: End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Hyperloop Technology. The key end-users of the markets are SpaceX, AECOM India Pvt and TransPod Inc among others.

Hyperloop Technology Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Hyperloop Technology Market: Share & Competitor Analysis

Some of the key players operating in the hyperloop technology market are Hyperloop Transportation Technologies, Hyperloop One, SpaceX, TransPod Inc., Hyperloop UC, AECOM India Pvt. Ltd, Badgerloop, Hyperloop India, Delft Hyperloop, Hyperloop UPV, WARR Hyperloop, AZLoop, DGWHyperloop, and VicHyper among others.

In June 2019, TransPod Inc announced a partnership with Liebherr-Aerospace, a leading global supplier of air management, flight control actuation systems, landing gears, gears and gearboxes as well as electronics for the aviation industry in the civil and military sectors.

In January 2019, TransPod Inc announced a partnership with IKOS, the leading technology consulting firm specializing in railway engineering and energy infrastructure, with 12 subsidiaries in seven countries and 650 engineers. IKOS’ expertise will support the general electrical system, and safety engineering of the TransPod hyperloop pod.

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Global Water Testing Market Size, Trends & Analysis – Forecasts to 2026 By End User Application (Drinking & Bottled Water, Industrial Water), By Region (North America, Europe, Asia Pacific, MEA, CSA); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Global Water Testing Market Insights

The global water testing market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing levels of water contamination and increasing demand for drinking water are some of the major factors driving the water testing market. Growing food, drink, pharmaceutical, and other industries-related manufacturing industries is expected to fuel the market growth during the forecast period. Increasing urbanization and development in manufacturing industries around the globe are driving the market during the forecast period. However, stringent environmental norms by the government and volatile prices of raw materials are likely to hamper the market growth during the forecast period.

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Water Testing Market: By End User Application

On the basis of end user application, the global water testing market is segmented into drinking and bottled water, and industrial. The industrial segment is further segmented into food, pharmaceutical, energy, food, beverage, chemical & materials, and environment. The drinking and bottled water segment is expected to grow at the highest CAGR in terms of both value, and volume during the forecast period. A significant rise in manufacturing activities in developing countries such as India, China, and Mexico among others is expected to create a healthy growth opportunity for water testing manufacturers. The growing water borne diseases and increasing capital investments is one of the major factors expected to drive the water testing market. Furthermore, increased growth in clean drinking beverages, and innovating technology are expected to boost the market for water testing.

Water Testing Market: By Region

On the basis of region, the market for water testing is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North America is expected to grow at the largest market share in the water testing market during the forecast period. The Asia Pacific region is expected to grow at a high CAGR during the forecast period. Growing consumer spending on manufacturing water testing equipments activities in emerging countries including China, India, Japan, South Korea, and Singapore among others is propelling the market growth in the region.

Water Testing Market: End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are PepsiCo, Parle Agro, and Coca-Cola among others.

Water Testing Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the Water Testing market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Water Testing Market Share & Competitor Analysis

Some of the key players operating in the water testing market are ABB Group, Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., General Electric Company, Honeywell International Inc., Horiba Ltd., Idexx Laboratories, Lovibond Tintometer, Eureka Forbes, LaMotte Company and among others among others.

• In October 2019, ABB Group has signed an agreement to acquire Chargedot. Chargedot is a Chinese company which is engaged in providing e-mobility solutions to its customers across the world.
• In March 2018, Danaher Corporation has signed an agreement to acquire Integrated DNA Technologies. The company is engaged in selling short strands of DNA called oligonucleotides.

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Global Cannabis Market Size, Trends & Analysis – Forecasts to 2026 By Product Type (Flower, Concentrates, Others), By Application (Medical, Recreational), By Compound (THC-dominant, CBD-dominant, Balanced THC & CBD), By Region (North America, Europe, Asia Pacific, MEA, CSA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Global Cannabis Market Insights

The global cannabis market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing use of cannabis in medicinal applications and rising advancements in genetic development are some of the major factors driving the cannabis market. Rise in the investments made in the healthcare sector is expected to propel the market growth during the forecast period. Growing innovations and modifications in the medical sector is driving the market during the forecast period. However, stringent norms by the government, and environmental regulations are likely to hamper the market growth during the forecast period.

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Cannabis Market: By Product Type

On the basis of product type, the global cannabis market is segmented into flower, and concentrates among others. The concentrates segment is expected to grow at highest CAGR during the forecast period. Significant rise in consumer acceptance, higher availability, and favorable demand of cannabis is expected to boost the market growth. Vapes within the concentrate emerge as the dominant segment. The cannabis flower contains approximately 15% to 30% THC, approximately 0.1% to 1% CBD, and marginal amounts of other cannabinoids.

Cannabis Market: By Application

On the basis of application, the market is segmented into medical, and recreational. The recreational segment is expected to grow at the highest CAGR during the forecast period.  Despite the extremely low presence of recreational cannabis, its consumption and demand remains nearly equivalent to that of medicinal cannabis. It has resulted in the increased demand for cannabis in the global market. Furthermore, cannabis is legalized in many countries including USA, Canada, and Uruguay among others.  Cannabis is a tall plant with a rigid upright stem that is used as a medicine and is legalized for medicinal purpose. Growing diseases including HIV-AIDS, glaucoma, cancer, pain, and nausea among others can be treated by cannabis for medicinal purposes. However, the medical industry is estimated to account for the largest market share, in terms of value during the forecast period.

Cannabis Market: By Compound

On the basis of compound, the market is segmented into THC-dominant, CBD-dominant, and balanced THC & CBD. The THC dominant is estimated to account for the largest market share, in terms of value. Growing THC helps to reduce inflammation, pain, and muscle control among others. High THC content is best known for its mind-altering euphoria, and has significant medical effects and is believed to be effective in alleviating vomiting, loss of appetite, and insomnia.  Growing benefits of CBD in treating various type of illness including chronic pain, anxiety, and cancer are among the major factors driving the cannabis market. The CBD-dominant segment is estimated to grow at the highest CAGR between 2019 and 2026.

Cannabis Market: By Region

On the basis of region, the market for Cannabis is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North America is expected to witness considerable growth in the cannabis market during the forecast period. Growing medical activities in the region is propelling the market growth. The U.S. is expected to be the largest cannabis producers for medicinal purposes in North America. The Asia-Pacific region is expected to grow at a high CAGR during the forecast period. Australia is expected to hold the second largest market share due to increased government spending on laboratories and research and development projects.

Cannabis Market: End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Aspire, Suorin, and PAX among others.

Cannabis Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the Cannabis market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Cannabis Market Share & Competitor Analysis

Some of the key players operating in the Cannabis market are Canopy Growth Corporation, Aurora Cannabis Inc., Tikun Olam, Cannabis Science Inc., Aphria Inc., Maricann Group Inc. , Tilray Inc., VIVO Cannabis Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., and MedMen among others.

• In October 2018, Canopy Growth Corporation signed a partnership agreement to acquire Ontario Long Term Care Association for the study on cannabis as an alternative source of medicine.
• In October 2018, MedMen announced the launch of its new products under the brand name of Statemade

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