Wednesday, 4 December 2019

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.
Functional Safety Market Trends
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).

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.
Hyperloop Technology Market Size
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.

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.
Water Testing Market Share
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 Growth
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

Global Polymer Testing Equipment Market Size, Trends & Analysis – Forecasts to 2026 By Product Type (Universal Testing, Capillary Rheometers, Pendulum Tester, Melt Flow Testers), By Test Type (Mechanical Test, Physical Test, Thermal Test, Rheological Test, Optical Test, Others), By End Use Industry (Medical, Packaging, Construction, Aerospace & Defense, Textile, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Global Polymer Testing Equipment Market Insights
The global market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing use of polymer-based products through manufacturing industries and production facilities are some of the major factors driving the polymer testing equipment 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 textile industry 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.
Polymer Testing Equipment Market Share
By Product Type
On the basis of product type, the global polymer testing equipment market is segmented into universal testing, capillary rheometers, pendulum tester, and melt flow testers among others. The universal testing segment is expected to grow at the highest CAGR during the forecast period. Significant rise in construction activities in developing countries such as India, China, and Mexico is expected to create a healthy growth opportunity for polymer testing equipment manufacturers. Furthermore, increased production of manufacturing units and increased transportation costs are expected to boost the market for polymer testing equipment.
Pendulum tester is used to measure the physical strength of the solids and the impact resistance of the materials. Melt flow meters are used to measure the melt flow resistance (MFR) of a wide range of polymer materials. Increased focus on the automotive and construction is expected to provide an opportunity for the melt flow tester to occupy largest market share in 2018.
By Test Type
On the basis of test type, the market is segmented into mechanical test, physical test, thermal test, rheological test, and optical test among others. Mechanical test segment is expected to grow at the highest CAGR during the forecast period. Mechanical testing is a vital part of the development and production cycle of the material.  It has resulted in the increased demand for polymer testing equipment in the global market. Physical testing helps to determine the properties of the materials. Physical test includes hardness, and density among others. However, the physical test is expected to continue its steady growth rate, thereby estimated to gain pace during the forecast period.
By Test Type
On the basis of test type, the market is segmented into medical, packaging, construction, aerospace & defense, and textile among others. The medical industry is estimated to account for the largest market share, in terms of value. Growing construction companies and construction activities across the globe are among the major factors driving the polymer testing equipment market. The construction industry is estimated to grow at the highest CAGR between 2019 and 2026. Growing construction industry and expansion of urban cities in developed and developing nations is propelling the market growth. Improving economic conditions in countries such as India and China is stimulating the demand for commercial spaces.
By Region
On the basis of region, the market for polymer testing equipment 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 polymer testing equipment market during the forecast period. Growing construction, and medical activities in the region is propelling the market growth. The U.S. is expected to be the largest construction market in North America and is expected to have the largest number of construction facilities. The Europe region is expected to grow at a high CAGR during the forecast period. Europe is expected to hold the second largest market share due to increased government spending on laboratories and research and development projects. Growing construction industry in emerging countries including China, India, Japan, South Korea and Singapore among others is propelling the market growth in the region.
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 Rio Tinto, and Anhui Conch Cement Co. among others.
Vendor Landscape
The report contains a chapter dedicated to vendors operating in the Polymer Testing Equipment 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.
Polymer Testing Equipment Market Share & Competitor Analysis
Some of the key players operating in the market are Illinois Tool Works Inc., A&D Company, Limited International Equipments, HexaPlast India Qualitest International Inc., Advance Equipments, Asian Test Equipments, Aimil Ltd., Thermo Fisher Scientific, Ray-Ran Test Equipment Ltd, GÖTTFERT Werkstoff-Prüfmaschinen GmbH, Dynisco, Agilent Technologies, Inc., AMETEK Inc, and Malvern Panalytical Ltd. among others.
  • In November 2018, Ametek, Inc. successfully acquired Telular Corporation. The company is recognized as the leading provider of communication solutions for logistics management.
  • In January 2018, Ametek, Inc. successfully acquired Motec GmbH. The company is recognized as the leading provider of integrated vision systems serving the high growth mobile machine vision market.

Global Dust Extractors Market Size, Trends & Analysis – Forecasts to 2026 By Capacity (0.4-1 Ltr., 1-10 Ltr., 10-20 Ltr, 20-40 Ltr., Above 40 Ltr.), By Power (Battery Operated, Direct Wired), By Application (Professional Craftsmen (DIY), Woodworking, Car Service, Construction Site, Commercial Establishment), By Dust Class (Low, Medium), By Sales Channel (Hardware, E-Commerce), By Vacuum Pressure (0.01-0.1 Bar, 0.1-1 Bar, More than 1 Bar), By Region (North America, Europe, Asia Pacific, CSA, MEA), Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Global Dust Extractors Market Insights
The global dust extractors market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing demand from commercial industry and the rise in the demand for the air treatment solution are some of the major factors driving the dust extractors market. Dust extractors are designed to last and eliminate dust from the atmosphere in those areas that could be hazardous. A dust extractor is a device used to improve the quality of air emitted from industrial and commercial processes by collecting dust and other impurities from air or fuel. Growing demand from woodworking and construction industries across the globe is driving the market during the forecast period. However, stringent environmental norms by the government are likely to hamper the market growth during the forecast period.
Dust Extractors Market Share
Dust Extractors Market: By Power
On the basis of power, the global dust extractors market is segmented into direct power supply based, and battery operated. The direct power based segment is expected to grow at highest CAGR during the forecast period. Significant rise in mining activities in developing countries such as India, China, and Mexico is expected to create a healthy growth opportunity for dust extractor manufacturers. Furthermore, these dust extractors can be used for dry and wet application. Battery operated dust extractors our work area free of dust particles and shavings, among others. Increased focus on the mining and construction site is expected to provide an opportunity for the battery operated to occupy largest market share in 2018.
Dust Extractors Market: By Dust Class
On the basis of dust class, the market is segmented into low, and medium. Medium segment is expected to grow at the highest CAGR during the forecast period. Medium dust extraction is used in controlling the dust on every construction and mining sites. It has resulted in the increased demand for dust extractors in the global market. Medium class dust extraction is used with board materials, hardwoods while working on concrete or brick. However, the demand for low class dust extractor is expected to continue its steady growth rate, thereby estimated to gain pace during the forecast period.
Dust Extractors Market: By Sales Channel
On the basis of sales channel, the market is segmented into hardware, and e-commerce. E-commerce segment is expected to grow at the highest CAGR during the forecast period. Growing internet, and smartphone penetration and ongoing digitalization across the globe is driving this market over the forecast period. Also, e-commerce segment is expected to occupy the largest market share in 2019.
Dust Extractors Market: By Application
On the basis of application, the dust extractors market is segmented into construction site, professional craftsmen (DIY), woodworking, car service, and commercial establishment. The construction industry is estimated to account for the largest market share, in terms of value. Development of long lasting wear components for mining operations is one of the major factors expected to increase the demand of mill liners in mining industry. Growing mining companies and mining activities across the globe are among the major factors driving the dust extractors market. Also, the construction industry is estimated to grow at the highest CAGR between 2019 and 2026. Growing construction industry and expansion of urban cities in developed and developing nations is propelling the market growth. Improving economic conditions in countries such as India and China is stimulating the demand for commercial spaces.
Dust Extractors Market: By Region
On the basis of region, the market for dust extractors 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 dust extractors market during the forecast period. Growing mining activities in the region is propelling the market growth. The U.S. is expected to be the largest mining market in North America and is expected to have the largest number of grinding mills. The presence of leading mining companies including Goldcrop, Barrick Gold and Anglo America among others are driving the market in the U.S. The Asia Pacific region is expected to grow at a high CAGR during the forecast period. Growing construction industry in emerging countries including China, India, Japan, South Korea and Singapore among others is propelling the market growth in the region.
Dust Extractors 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 Cemex, Anhui Conch Cement Co. and Nanjing Kaisheng International Engineering, among others.
Dust Extractors Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the dust extractors 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.
Dust Extractors Market Share & Competitor Analysis
Some of the key players operating in the Dust Extractors market are Milwaukee Tool, Alfred Kärcher SE & Co. KG, Makitra Corporation, Hilti Group, Robert Bosch GmbH, DeWalt (acquired by Stanley), Metabowerke GmbH, Panasonic Corporation, Nilfisk Inc., Tennant Company, Numatic International Ltd., Electrostar GmbH (Starmix), Bisell Inc., Fiorentini / Clemas & Co., Verimark (Pty) Ltd., and C & E Fein GmbH among others.
  • In April 2019, Panasonic Corporation successfully acquired Omni-ID - ProVIEW. The company is engaged in providing solutions for paper-based material flow with digital solutions.
  • In June 2017, Hilti Group successfully acquired Oglaend System. The company is engaged in manufacturing of consumer electronics.

Global Ride Sharing Market Size, Trends & Analysis – Forecasts to 2026 By Service Type (E-hailing, station-based, car-sharing & rental), By Car Sharing (P2P Car Sharing, Corporate Car Sharing), By Data Service Information service, Navigation, Payment Service, Other), By Vehicle Type (ICE (Internal Combustion Engine) Vehicle, CNG/LPG, Electric Vehicle, Micro Mobility Vehicle), By Distance (Short Distance, Long Distance), By Region (North America, Europe, Asia Pacific, CSA, MEA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis

Ride Sharing Market Insights
The global ride sharing market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing demand for personal mobility and raising urbanization is driving the market growth. Increasing penetration of smart devices, such as smartphones, tablets, and others is projected to drive the market during the forecast period. The increased demand for cost-saving and time-saving transport is also driving the market. The complex transport policies of different countries and traditional tern sport services are likely to hamper the market growth during the forecast period.
Ride Sharing Market Trends
By Service Type
On the basis of service type, the global ride sharing market is segmented into E-hailing, station-based, car-sharing and car rental. The e-hailing service type is expected to hold the largest market share during the forecast period. E-hailing is a process of booking a car, taxi, limousine, or any other form of transportation pick up by virtual devices such as computer or mobile device. Growing usage of smart phone along with increased number of ride sharing applications is also expected to propel the market growth during the forecast period. Car sharing segment is expected to grow at a significant CAGR during the forecast period. Also, fluctuations in oil prices across the globe is driving the market growth.
By Car Sharing
On the basis of car sharing, the market is segmented into P2P car sharing and corporate car sharing. P2P segment is expected to hold the significant market share during the forecast period. The P2P business model engages vehicle owner and commuter through a mobile app enabling a ride sharing, while accepting online payments from the commuters. Increasing number of startups venturing in platforms enabling peer-to-peer ride sharing is also driving the demand for P2P segment.
By Data Service
Based on data service, the ride sharing market is segmented into information service, navigation, and payment service among others. Navigation service segment is dominating the market and is projected to grow at a high CAGR in terms of revenue during the forecast period. Navigation system guides drivers and passengers regarding route and location. Navigation helps in mapping traffic for a better user experience. The use of navigation service is imperative for ride sharing service. Increasing number of ride sharing service users driving the demand for ride sharing data services.
By Vehicle Type
On the basis of vehicle type, the ride sharing market is segmented into ICE (Internal combustion engine) vehicle, CNG/LPG, electric vehicle, and micro mobility vehicle among others. The CNG/LPG is estimated to account for the largest market share, in terms of volume, during the forecast period (2019-2026). The eco-friendly nature and low price of fuel compared to petrol and diesel is some of the major factors driving the demand for CNG/LPG segment. Stringent government rules and regulation on pollution control is also driving the market growth. The electric vehicle industry is estimated to grow at the highest CAGR between 2019 and 2026, in terms of value.
By Region
North America is expected to grow at a significant market share in the ride sharing market during the forecast period. Presence of developed nations such as U.S. and Canada is driving the market. Presence of leading ride sharing players including Uber, Lyft, Lime, and Herts among others is driving the market. Asia Pacific region is expected to grow at the high CAGR during the forecast period. Rapid urbanization and growing number of cities in the region is driving the market. The region is home to the two largest countries in terms of population - China and India. China is already dominating the ride hailing market and is anticipated to witness rapid growth in ride sharing over 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 corporate offices, and employees among others.
Vendor Landscape
The report contains a chapter dedicated to vendors operating in the Ride Sharing 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.
Ride Sharing Market Share & Competitor Analysis
Some of the key players operating in the Ride Sharing market are Uber, Lyft, DiDi, Grab, Gett, Ola, BlaBlaCar, Lime, and Herts among others.