Standalone Anesthesia Machines Market to Reach a Market Valuation in Excess of US$ 7,081 Mn by 2022 end

A recent study conducted by Fact.MR reveals that the global market for anesthesia machines is set to reflect a CAGR of 5.4% between 2017 and 2022. Increasing medical tourism, an augmenting number of surgical procedures and rising healthcare spending are some of the primary factors expected to remain instrumental to the growth of the market.

Today, anesthesia machines are being increasingly incorporated in healthcare systems as they are seen as a key medical apparatus. These machines are also proving to be extremely helpful in ambulatory units and nursing homes. Mostly, professionals with expertise or sufficient knowledge of anesthesiology are certified to operate and handle anesthesia machines. The advance version of the machines offer higher patient convenience and safety. Anesthesia machine and the technology behind it has constantly evolved over the years. The machines used today, are completely different from the conventional versions that were based on pneumatic systems. With the rise in the global population, the occurrences of invasive surgeries have also escalated.

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Factor as such are expected to support the growth of the global anesthesia machines market in years to come. In addition, innovation in technology is encouraging its adoption in the healthcare sector as they become more effective. Most anesthesia machines currently come with leading-edge continuous-flow anaesthetic system that is designed to regulate a precise and continuous supply of anesthetic gases to the patient. The contemporary machines are incorporated with suction unit, patient monitoring devices, and ventilators.

Following takeaways from Fact.MR’s Forecast on the global market for anesthesia machines will play a significant role in market’s future development

  • Increase occurrence of chronic ailments such as cancer, high cholesterol and diabetes coupled with the expanding pool of the geriatric population is projected to propel the overall growth of the market.

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  • The anesthesia machines market in North America currently accounts for the global market. In addition, North America is expected to remain one of the most attractive market for anesthesia machines over 2022 and reflect a CAGR of over 5%. This is owing to rapid adoption of cutting-edge medical care technologies in the region.
  • Demand for anesthetic machines in Asia Pacific excluding Japan (APEJ) is also projected to surge at a significant rate during the forecast period.  Growing disposable income and rising healthcare awareness among consumers is playing a crucial role in adoption of the anesthesia machines in the hospitals and clinics in the region.

Based on modality, the standalone segment currently commands for close to 56% market share in terms of revenue.  Towards the end of 2022, this segment is estimated to reach a market valuation in excess of US$ 7,081 Mn. Meanwhile, the portable segment is also likely to witness an impressive CAGR between 2017 and 2022.

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Competition Tracking

General Electric Company, Spacelabs Healthcare, Shenzhen Comen Medical Instruments Co. Ltd., DRE Medical, Midmark Corporation, Heyer Medical AG, Infinium Medical Inc, Koninklijke Philips N.V., Dragerwerk AG, Shenzhen Comen Medical Instruments Co. Ltd., and Dameca A/S. are among the prominent companies mentioned in the report.

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Vehicle Parking Meter Market Upcoming Trends, Incredible Possibilities, Business Opportunities and Regional Outlook 2018 to 2028

Vehicle Parking Meter Market: Introduction

Vehicle parking meter are the devices that are used to maintain parking availability in public, private & commercial spaces. Vehicle parking meter collect the cash and in exchange provide a particular place for a vehicle for a limited amount of time. Vehicle parking meter has many payment option such as pay by phone, pay by card or cash.

The aim of installing vehicle parking meter is to regulate parking spaces in a manner that avoid the traffic congestion and improving traffic circulation. These meter can install in single-space or multi-space according to the need of end use sector.

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In current scenario, due to rapid modernization and demand for automobile from domestic to commercial sectors, significantly increases the parking congestion which in turn propel the demand for vehicle parking meter.

Vehicle Parking Meter Market: Market Dynamics

Non Residential sectors such as malls, hospitals, restaurants etc. hold the prominent market share vehicle parking meter market. Owing to easy access for payment, the demand for smart meters is increasing which in turn is expected to fuel the growth of vehicle parking meter market.

Moreover, in some countries, parking service providing companies are developing new solutions that reducing the parking congestion and also reserve the guaranteed parking spaces.

This factor is expected to create significant growth opportunity for vehicle parking meter market. Vehicle parking meter are also in demand in the government space for security purpose, which is another factor which accelerate the growth of vehicle parking meter market over the assessment period.

One of the primarily factor that driving the growth of vehicle parking meter market is increasing number of automobiles in use, high disposable income leading to improved sales of automobiles on a yearly basis and the need to adopt advanced technology for improved traffic mobbing.

Other factors promoting the growth of vehicle parking meter market are growing urbanization and infrastructure development in the emerging regions.

The repairing and maintenance of vehicle parking meter need skilled technician to fix out the problem and the complex electronic circuitry due to which they are to be replaced instead of repairing, is one of sighted factors that affect the global vehicle parking meter market.

However, the trend to use a better technology and equipment to get the proper traffic circulation result in increase the demand of vehicle parking meter market in the forecast period.

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Vehicle Parking Meter Market: Segmentation

Vehicle Parking Meter Market can be segmented by product type and end use:-

On the basis of product type, vehicle parking meter market can be segmented into:

  • Legacy meters
  • Smart meters

On the basis of end use, vehicle parking meter market can be segmented into:

  • Parking Streets
  • Malls
  • Hospitals
  • Public & Private Institutions

Vehicle Parking Meter Market: Regional Outlook

Among all regions, North America is expected to dominate the vehicle Parking Meter market, owing to high installation rate of smart vehicle parking system in U.S. and Canada. This factor is coupled with government initiation of controlling parking congestion.

These factors are estimated to boost the demand for vehicle parking meter market over the forecast period. Europe holds a prominent share for the vehicle parking meter market especially in EU nations, due to increasing concern regarding parking concern.

Growing automotive fleet in the developing countries of Asia Pacific is expected to contribute considerable share throughout the forecast period, due to growing urbanization and infrastructure development. Latin America, Middle East and Africa are estimated to grow with significant growth rate, owing to increasing urbanization and economic growth in the nearby future.

Vehicle Parking Meter Market: Market Participants

Examples of some of the market participants identified across the value chain of the global vehicle parking Meter Market includes:

  • Meypar USA Corp.
  • Parking BOXX
  • Parkeon
  • Meisel Holdings LLC
  • IPS Group, Inc.
  • RJS Parking Products
  • Gamesa Electric
  • Ditech Srl
  • Data Parl Inc.
  • Duncan Parking Meter

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

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Two Wheeler Switches Market Intelligence Study for Comprehensive Insights 2018 to 2028

Two Wheeler Switches market: Introduction

Two wheeler switches are the electronic circuits/electro-mechanical components that are integrated with buttons to control various applications such as engine ignition, lighting, indication and horn in a two wheeler.

Increasing fleet of electric two wheeler increases the sales of two wheeler switches. The rapid urbanization changes the need of customers and OEM providing different features with the motorcycles which are improving day by day.

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The Manufacturers of two wheelers are involved in innovation of new electronic technology in motorcycles such as motorcycle start-stop system. This factor is expected to create significant growth opportunity for the two wheeler switches market.

Two Wheeler Switches market: Market Dynamics

Increasing vehicle parc of commuter two wheeler and rising traffic congestion, increases the demand for two wheelers which in turn is expected to accelerate the growth of two wheeler switches market.

Rising demand of high mileage two wheelers owing to growing traffic congestion across the globe, mainly in metropolitan cities such as Tokyo, London and New Delhi etc., is an important factor that can propel the demand for new two wheelers which results in the growth of two wheeler switches market.

Government of many countries across the globe are introducing emission norms to reduce pollution and global warming which in turn stringent emission regulation for motorcycles that play a significant role in the growth of electric two wheelers and directly affect the two wheeler switches market over the forecast period.

In urban areas, two wheelers are also used for delivery purpose and owing to high traffic congestion, these business propelling the demand for fuel efficient two wheelers, which boosted the sale of two wheeler switches.

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Furthermore, advancement of technologies, results in electrification of mechanical components which lead to more electronic components & systems in two wheelers such as seat opening switch. This factor is expected to drive the growth of the two wheeler switches market in near future.

Two Wheeler Switches market: Segmentation

Two wheeler switches market can be segmented by two wheeler type, by product type and by sales channel:-

On the basis of two wheeler type, two wheeler switches market can be further segmented into:-

  • Motorcycles
    • Standard
    • Cruiser
    • Sports
    • Dirt
  • Scooters
    • Standard
    • Maxi
  • Electric two wheelers

On the basis of product type, two wheeler switches market can be further segmented into:-

  • Combinational/light switch module
  • Ignition switches
  • Brake light switches
  • Reverse light switches

On the basis of sales channel, two wheeler switches market can be further segmented into:-

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

Two Wheeler Switches market: Regional Overview

Two wheeler switches market is correlated with the motorcycles market on a global level. Among all regions, Asia Pacific region is dominating the motorcycles market, thus the region is anticipated to hold prominent share in the two wheeler switches market, owning to high demand of motorcycle from countries such as India China and ASEAN countries.

The prior two countries are the world largest manufacturers of motorcycles, offering plenty opportunities for the progressive growth of two Wheeler switches market in the forecast period.

Eastern Europe and Latin America have also observed large population of motorcycle users and stringent emission norms for motorcycles are the reason for significant growth of the said market.

In contrast the customers in developed regions such as Western Europe and North America prefer passenger cars over motorcycles owing to high disposable incomes which in turn, impede the growth of the Two Wheeler Switches market in the upcoming years. The same also holds true for the GCC countries, where the motorcycle market is largely overshadowed by passenger car market.

Two Wheeler Switches market: Market Participants

Examples of some of the market participants identified in the Global two wheeler switches market include:

  • DELTA INDIA ELECTRONICS PVT. LTD.
  • MINDA INDUSTRIES LIMITED
  • SONEN ENGINEERING SOLUTIONS
  • Yamaha Motor Co. Ltd.
  • BALAJI AUTOMOBILES
  • Bajaj Auto ltd.
  • Advanced Technocracy Inc.
  • TVS
  • Guangzhou Kadi Engine Parts Co., Ltd.
  • Huangshan Benma Group Co., Ltd.

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Light Car Trailers Market Top Participant to Focus on Regional Expansion 2018 to 2028

An unpowered vehicle towed by a powered vehicle is known as a trailer. The light car trailers are the ones used to haul lightweight automotive behind an automobile or a truck. The light car trailers are used to transport automotive from one place to another, especially when the route terrain is unsuitable for driving the automotive.

Being prominently used for recreational purposes, the light car trailers are extensively used by sports enthusiasts and travelers.

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The specific motorcycle, watercraft, snowmobile or passenger vehicle trailers are used in hauling motorcycle watercraft, snowmobile or passenger vehicle respectively. These can be hauled behind an automobile or truck.

Light Car Trailers Market: Dynamics

The growing preference of users to spend the holidays in a campsite or on a hill is driving the demand for light car trailers. The benefits of a light car trailer is the extra carriage capacity that it offers. Light car trailers provide an added advantage and can act as a driving factor for the overall market.

However, the maintenance cost associated with light car trailers is limiting its growth among the middle class and lower middle class population.

Given its design, the light car trailer is an unpowered vehicle. There may be chances of reduced fuel efficiency in the powered vehicle due to the increased load. Considering the rising fuel costs, the light car trailers market is anticipated to grow at a steady pace.

With the governments implementing strict labor laws, more recreational time for the employee coupled with the growing rate of disposable income is expected to marginally impact the light car trailers market.

The manufacturers are noted to be engaged in research and development and have expanded their product portfolio through commercialization of the innovations. In the light car trailers market, target marketing has proved beneficial for the manufacturers.

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Several light car trailers are targeted for sports cars while the others are for vintage cars and motorcycles. The level of competition in the light car trailers market is estimated to be low to moderate and entry for newer players seems easy.

Light Car Trailers Market: Segmentation

The light car trailers market can be segmented on the basis of type, design, axle and product type.

On the basis of type, the light car trailers market can be segmented into:

Utility Light Car Trailers
Recreational Light Car Trailers
On the basis of design, the light car trailers market can be segmented into:

Open Light Car Trailers
Enclosed Light Car Trailers
On the basis of axle, the light car trailers can be segmented into:

Single Axle Light Car Trailers
Multi Axle Light Car Trailers
On the basis of product type, the light car trailers can be segmented into:

Motorcycle Light Car Trailers
Snowmobile Light Car Trailers
Watercraft Light Car Trailers
Passenger Vehicle Light Car Trailers
Light Car Trailers Market: Regional Outlook

The trend for using light car trailers has been well established in some developed parts of the world while it is yet to pace up in the developing regions. North America light car trailers market is estimated to retain its dominance throughout the forecast period.

Europe is estimated to follow North America in the light car trailers market. Countries such as New Zealand and Australia (OCEANIA) are bigger markets for light car trailers in Asia Pacific. A slower growth is expected in the other parts of Asia Pacific and a marginal growth in the Middle East and Africa and Latin America light car trailers market.

Some of the market participants in the global light car trailers market identified across the value chain include Aluma, Ltd., ATC Trailers, WOODFORD TRAILERS LTD, SylvanSport, LLC., FUTURA TRAILERS USA, Pace American, Kaufman Trailers., Haulmark.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

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Amazon V the Union: The Vote the Online Giant Worries

Amazon workers in Bessemer, Alabama, have voted during a historic poll to decide whether or not they want to be represented by the Retail, Wholesale, and emporium Union.

The results are not expected until next week – but if they say yes, it will become Amazon’s first US union.

Amazon argues its wages and benefits are industry-beating and has gone into battle to persuade workers to vote no.

Most agree the result could have major implications for US labor laws.

Peter Romer-Friedman, principal of firm Gupta Wessler PLLC, said: “The key question in America at the instant is are we getting to have fair treatment of workers within the businesses that will dominate our future?

“There are going to be ramifications for the important economy but also tech firms.

“The concept that workers get a seat at the table may be a radical concept for people in Silicon Valley.”

In the US, Amazon has 800 facilities staffed by 950,000 full- and part-time workers – and it should be said many don’t feel the necessity to hitch a union.

And for those who do, this is not primarily a wage issue Amazon pays workers an average of $15 (£11) an hour, plus benefits.

But most agree conditions in its warehouses can be hard – the job is very demanding and lots of workers complain of back pain or other physical niggles as a result of working long hours, often standing within the same position.

Others mention the mental-health toll of repeated tasks or feeling like they’re a cog during a very big machine that doesn’t always hear their problems.

And there are tons of things workers feel they are doing not have control of, like shift patterns, time off, leave, and being fired.

One of the foremost controversial features is the day off-task (TOT).

When a worker is clocked in, Amazon’s computing system calculates which hours of a shift are on or off task, supported whether or not an item is scanned.

And some say they feel dehumanized by technology watching their every move.

Taiwan Train Crash: Lorry Boss Proffers ‘Deep Regret’

A construction site manager whose lorry slid onto a railway track and led to Taiwan’s worst train disaster in decades has expressed “deep regret”.

Lee Yi-Hsiang, 49, said he was “deeply remorseful” and wanted to offer his “most sincere apologies”.

His flatbed lorry was parked on an embankment but slipped down it, causing the train to derail on Friday near the town of Hualien.

At least 50 people were killed and more than 200 injured in the crash.

Investigators say CCTV footage from the front carriage showed the train driver had only 6.9 seconds to reply and therefore the train was only 250m (820ft) far away from the lorry, not enough time or distance for the driving force to prevent and avoid the collision.

The probe is now looking into whether Mr. Lee did not set the hand brake or whether there was a mechanical failure in his vehicle.

He was questioned over the weekend by prosecutors and released on bail, but on Sunday he was taken back to custody because he was deemed a flight risk and had a previous conviction, Taiwanese media reported.

Reading a statement to news crews outside his house, Mr. Lee said he would co-operate with crash investigators, and “take the responsibility I should take”. He was then taken away by police.

He was a part of a team that regularly inspected Taiwan’s mountainous eastern train line for landslides and other risks. He was also thought to be the flatbed’s operator.

The eight-carriage train was traveling from the capital Taipei to Taitung when it hit the flatbed and crashed inside a tunnel north of Hualien.

The train was full of people traveling to celebrate a long-weekend holiday, and lots of the nearly 500 passengers on board may are standing because the train was so full.

Some survivors lost their whole families, AFP reports, and Taiwan declared three days of national mourning.

Crews are still slowly and punctiliously removing the train wreck from the tunnel. There are fears more bodies could be found.

Investigators are browsing the train’s recording devices and CCTV footage from the front carriage, the chairman of the Taiwan Transportation Safety Board told AFP.

“According to the testimonies by some passengers, they heard the horn being sounded and it’s believed the train driver had spotted an object on the track,” Hong Young said.

He added that the train driver, who was among those killed, would have struggled to avoid the crash.

There have been mounting questions over how full the train was, and why there were no barricades on that section of the track.

This cause Taiwan’s transport minister, Lin Chia-lung, to offer his resignation on Sunday. On Facebook, he wrote: “I should have accepted all the criticism over the past few days, but we’ve not done tolerably.”

The government has not accepted his resignation, however, and said he should stay in the position until the investigation was complete.

LG Electronics Stops Its Smartphone Business as Losses Increase

LG Electronics said on Monday it might close its loss-making smartphone business.
In January, the South Korean electronics giant said it was looking at all options for the division after almost six years of losses totaling around $4.5bn (£3.3bn).
LG had made many innovations including ultra-wide-angle cameras, rising to the third-largest smartphone maker in 2013.
But bosses said the mobile market had become “incredibly competitive”.
While Samsung and Apple are the 2 biggest players within the smartphone market, LG has suffered from its hardware and software issues.
As LG struggled with losses it had held talks to sell a part of the business but these fell through.
It still ranks because the third hottest brand in North America but has slipped in other markets. LG phones are still fairly common in its domestic South Korean market.
“LG’s strategic decision to exit the incredibly competitive mobile sector will enable the corporate to focus resources in growth areas like electric vehicle components, connected devices, smart homes, robotics, and AI,” it said during a statement.
Last year it shipped 28 million phones, which compares with 256 million for Samsung, according to research firm Counterpoint.
The smartphone business is that the smallest of LG’s five divisions, accounting for just 7.4% of revenue. Currently, its global mobile market share is about 2%.
It has been innovating its phones to compete with its bigger rivals, with last year’s launch of the T-shaped Wing, a smartphone with a bigger screen that swivels bent to reveal a second, smaller one underneath.
Electric cars and TVs
LG still features a strong consumer electronics business, particularly with home appliances and televisions. LG is that the world’s second best-selling TV brand after Samsung.
In December it launched a venture with automotive supplier Magna International which will make key components for electric cars.
LG’s phone inventory will still be available purchasable, and it’ll still provide service support and software updates for existing customers. The division is predicted to be wound down by the top of July.
“Moving forward, LG will still leverage its mobile expertise and develop mobility-related technologies like 6G to assist further strengthen competitiveness in other business areas,” a spokesman added.
Analysts said South Korean rival Samsung and Chinese companies like Oppo, Vivo, and Xiaomi are likely to profit the foremost from LG’s exit.
Smartphone makers struggled during the pandemic with sales down about 10% in 2020 mainly due to lockdowns limiting store openings.