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According to Future Market Insights, the retail printers market will grow at a 6.7 percent CAGR between 2022 and 2026, up from a 5.6 percent CAGR between 2012 and 2021.
As per this research report, the global retail printers market is expected to grow at a robust CAGR during the period of assessment and is projected to reach a market value of nearly US$ 5,000 Mn by 2026. Future Market Insights presents a new research report titled ‘ Retail Printers Market ’ that includes an analysis of the various segments of this market across the important regions in the world.
The present-day retail environment is both brimming with huge possibilities and poses many challenges as well. As they move towards shifting to an omnichannel platform that gathers steam in retail, customers have become increasingly demanding and the competition in the retail landscape is stiff.
In order to streamline the functions of any retail outlet, retailers have to focus on replenishment and seamless deliveries in order to make the experience of their customers in the store smooth and satisfactory.
As the competition in the retail sector is becoming more and more intense, retailers are concentrating on offering a personalized experience to their customers which streamlines their activity in the store and offers them a pleasant experience, thus keeping their loyalty and increasing store footfalls. Because of the installation of printers in retail stores, retailers can offer their customers a variety of customer-centric campaigns, such as giving them discount vouchers along with their bills.
Such printing terminals also enable retailers to offer various loyalty programs to their customers, increasing the frequency of customer visits and subsequently, the sales and revenue margins. Also, by streamlining their operations, retailers can switch over to the omnichannel platform, giving their customers more options and enabling them to buy products from their stores through a variety of channels. This helps retailers fulfill the high expectations of their customers, helping them expand their business and offer a happy and unforgettable experience to their customers.
The market taxonomy of the global retail printers market is presented to give a holistic picture of this market and ensure that all the segments and sub-segments of this market are properly represented. This market taxonomy also helps the report readers acquire a logical interpretation of the market numbers presented in this report.
Global Retail Printers Market: Segmentation Insights
The global retail printers market is segmented based on product type, technology, application, and region.
Mobile printers sub-segment to dominate the product type category in the global retail printers market
The mobile printers sub-segment in the product type category is expected to exhibit a robust growth rate and register a CAGR Of 6.9% during the period of assessment. This segment is highly attractive in the product type category in the global retail printers’ market. As per the assessment of Future Market Insights, the mobile printers sub-segment is poised to reach a value of nearly US$ 2,050 Mn at the end of the year 2026.
Global Retail Printers Market: Competitive Landscape The research report on the global retail printers market has an entire section devoted to studying the competitive landscape of this market in which the key players operating in the market are profiled. This section also has important information about these companies, such as the company overview, key financials, geographical reach, SWOT analysis, key strategies, etc. The companies that have been profiled in this research report include Honeywell International, Inc., Postek Electronics Co., Ltd., Avery Dennison Corporation, Zebra Technologies Corporation, Oki Electric Industry Co., Ltd., TSC Auto Id Technology Co., Ltd., Toshiba TEC Corporation, Brother Industries, Ltd., Star Micronics Co., Ltd. and SATO Holdings Corporation.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Retail Printers Market
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Boron Trifluoride & Complexes Market
The global boron trifluoride & complexes market sales are anticipated to be valued at ~US$ 270.7 Mn by the end of 2022, witnessing a strong Y-O-Y growth of ~4.5% over the year 2021, finds a recent study published by Future Market Insights.
Asia Pacific excluding Japan is projected to hold more than half of the market value share by end of 2022 and grow with a significant CAGR in the near future, opines the study.
Boron trifluoride is amongst the strongest Lewis acids (electron pair acceptor), and therefore, it finds application as a catalyst for a number of organic synthesis reactions including polymerization, alkylation, isomerization, and other chemical synthesis reactions.
A number of polymer derivatives are being made in the presence of boron trifluoride as a catalyst such as polypropylene and polyethylene. Boron trifluoride gas and its complexes are also being used for manufacturing rubber and other elastomeric polymers, which are increasingly being used across a number of end-use industries.
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Moreover, boron trifluoride is also used for the synthesis of different range of hydrocarbons such as aromatic hydrocarbons, unsaturated hydrocarbons, alcohols, phenols, and many others.
With growth in oil and gas and petrochemical industries in the region, through shale gas extraction, there has been tremendous growth in hydrocarbons synthesis and other chemicals, which use BF3 as a major catalyst during reaction. This, in turn, is driving the demand for boron trifluoride & complexes in the market, opines the FMI study.
The study also finds that the demand for boron trifluoride (BF3) gas and di ethyl etherate are anticipated to grow with significant CAGRs in terms of value during the forecast period.
Furthermore, the applications of boron trifluoride & complexes as catalysts are projected to grow with a healthy CAGR owing to the huge demand generated from synthetic reactions such as polymerization, alkylation, isomerization, and other chemical synthesis.
Stringent Regulations on Manufacturing of Boron Trifluoride & Complexes Could Hinder Growth
Boron trifluoride, especially in the gaseous form, is considered to be a hazardous, toxic, and very corrosive substance. Therefore, there are a number of regulations pertaining to its manufacturing, transportation, labelling, exposure limit, labelling, and others.
Packaging and transportation of the gas is done under extremely high pressure and is a major challenge for manufacturers, distributors, and end users as well. Moreover, for using boron trifluoride in the gaseous form, there must be an appropriate unloading facility at the consumers’ end.
Which is leading to many of the end users using boron trifluoride in the complexes form. This factor is estimated to hinder the global boron trifluoride market by the end of the forecast period.
Boron Trifluoride & Complexes Market by Category
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Boron Trifluoride & Complexes Market: Vendor Insights
The boron trifluoride & complexes market is fairly fragmented due to the presence of manufacturers at the regional level. Few of them included in the global boron trifluoride & complexes market report are – BASF SE, Air Liquide, Praxair Technology, Inc., Honeywell International Inc., Matheson Tri-Gas Inc., Gulbrandsen, Entegris, Inc., The Linde Group, Stella Chemifa Corporation, Hunan Heaven Materials Development Co., Arkema, ZIbo Shuanglian Petroleum & Chemical Co., Ltd., NAVIN FLUORINE INTERNATIONAL LIMITED, Qingzhou Chenkai Chemical Co., Ltd., ZIbo Shuanglian Petroleum & Chemical Co., Ltd., and Tanfac Industries Ltd.
Companies are focusing on mergers and acquisitions of big and small players in the market for expansion of sales and to gain competitive leverage over other players. For instance, in October 2016, the Honeywell International Inc. acquired the Research Chemicals Business from Sigma-Aldrich. The acquisition enabled the company to offer a broad line of inorganic chemicals and solvents for demanding applications.
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NobleSpirit catalogue experience on eBay hits target audience
Copyright © 2006 - 2021 PRnob Media, UBIC Solutions, LLC. All Rights Reserved.
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Oil and gas demand, new regulations, and rising construction and mining activities around the world are some of the factors driving demand for industrial hose assemblies.
The estimated value of the global Industrial Hose Assemblies market in 2022 is US$ 19,973.7 Mn and is expected to expand at a CAGR of 6.5% to reach US$ 37,556.7 Mn by the end of 2028.
Based on the findings specified in the report, the market is expected to witness increasing demand on the backdrop of growing hose requirement in several end use industries involving fluid transferring and handling systems.
Global Industrial Hose Assemblies market is driven by increasing construction, mining, agricultural and several other industrial activities that have led to improved demand for fluid transfer and handling equipment. One of the highlights of using Industrial Hose Assemblies in such applications is their capability to deliver or transfer the material with higher efficiency indirectly providing cost-effective solutions.
This makes it the ideal transmission system for industrial equipment, automotive and off road vehicles including construction vehicles, mining equipment and material handling equipment.
Additionally, Industrial Hose Assemblies are more versatile than simple tubes and piping mechanisms as they provide better results in extreme environmental conditions. Industrial Hose Assemblies are also preferred by various end users owing to several advantages such as higher resistance towards temperature, pressure and chemical reaction among others further benefitting the growth of the market in the coming years.
However, there are some disadvantages associated with using Industrial Hose Assemblies that can hinder the growth of the market in the near future. Some of the factors include high dependency on various industrial activities, intense competition and distributed customer presence in various countries.
Global Industrial Hose Assemblies Market: Forecast
By material, the rubber segment is expected to hold the largest market share owing to higher end use applications and higher efficiency for transferring fluid in medium pressure and high pressure applications. The rubber segment is expected to dominate the global market capturing a market share of 60.9% by 2018 end. Additionally, the segment is expected to grow with a higher CAGR and is forecasted to hold a market share of about 63.8% by 2028 end.
On the basis of product type, the medium pressure segment holds a dominating position in the global industrial hose assemblies market owing to wide range of applications of medium range pressure hoses in several industries. In terms of value, the market size for the medium pressure segment is estimated to be pegged at US$ 10,424.9 Mn b
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