Increasing Awareness Regarding Fitness and Technological Advancements in Products, driving the Sales of Consumer Wearable’s in India: Ken Research

Increasing Health Awareness: Increasing availability of cheap data plans have resulted in increased internet penetration in the country. As a result, the health awareness among consumers continues to rise, as the access to information regarding preventive healthcare is increasing. Individuals continue to adopt preventive care as a necessary tool to help them lead a better lifestyle. There has been an increase in trend of monitoring vitals using fitness bands in order to maintain a healthy lifestyle, in addition to this, there has been addition of advanced features in products such as ECG etc.  due to which,  sales of these devices have increased.

Southern Region Dominating Sales:  The South & South-East region in the country consists of some of the major cities (such as Banglore, Chennai, Hyderabad, Coimbatore and others) which are home to the major IT hubs in the country. These regions also account for a large proportion of the technically literate individuals in the country and have hence contributed to the majority of sales of wearables in the country.

Challenges in Wearable Industry: India is still at a nascent stage India is still underpenetrated when it comes to the adoption of wearables for health. Increased awareness for healthy lifestyle has certainly caused an increase in sales of these devices to get initial traction for weight control and physical activity monitoring. However, the market is yet to expand beyond the major regions and cities. Keeping an eye on the niche segment of the market, the vendors have started experimenting and expanding to capture scalable opportunities.

Impact of COVID-19 on India Lubricants Industry: COVID-19 has severely impacted the wearable industry in India. In June 2020, the wristband import volume declined by ~28.0% as compared to the same period in 2019. Since most of the people were working from home, there was a decrease in demand of these products due to lack of access to fitness centers and gyms. The demand for both Wrist bands & Smartwatches in the country is expected to remain low throughout third quarter of 2020; slow recovery is expected by 2021. Companies are expected to invest in online sales channels & partnerships to ensure sales volumes.

Analysts at Ken Research in their latest publication “India Consumer Wearables Market Outlook to 2025- By Type (Fitness Trackers and Smart-watches), By Sales Channel (Online and Offline), By Price Segment (Under ₹ 1000 ,₹1000 - ₹ 10,000 , ₹10,000 -  ₹ 20,000  and Above ₹ 20,000) and By Sales Region (North, South East and West)” observed that the wearables market in India is witnessing a double-digit growth and this trend is expected to continue in the coming years as well. Increasing focus on research & development and marketing activities, new product launches, partnerships & collaborations are expected to drive further the industry towards growth in the future. The India Wearable Industry is expected to grow at a CAGR of 21.8% on the basis of sales revenue over the forecast period 2020-2025.

Key Segments Covered:-

India Consumer Wearables Market

By Type

Fitness Trackers

Smartwatch

By Price Segment

Under ₹1000

₹1000 - ₹10,000

₹10,000 - ₹20,000

Above ₹ 20,000

By Distribution Channel

Online

Offline

By Region

North

East

West

South

By Type of City

Metro

Non-Metro

India Smartwatch Market

By Type

General Purpose Smartwatch

Sports Smartwatch

Hybrid Smartwatch

By Price Segment

Under ₹1000

₹1000 - ₹10,000

₹10,000 - ₹20,000

Above ₹ 20,000

By Distribution Channel

Online

Offline

By Region

North

East

West

South

By Type of City

Metro

Non-Metro

India Fitness Trackers Market:-

By Type of Wearables

Wrist Worn

Others

By Price Segment

Under ₹1000

₹1000 - ₹10,000

₹10,000 - ₹20,000

Above ₹ 20,000

By Distribution Channel

Online

Offline

By Region

North

East

West

South

By Type of City

Metro

Non-Metro

Companies Covered:-

Xiaomi Technologies India Inc.

Goqii Technologies India Inc.

Samsung India Electronics Ltd.

Fitbit India

Apple India

Titan Company India Ltd. (Fastrack)

Fossil India Inc

Key Target Audience:-

Wearables Manufacturing Companies

Wearables Importing Companies

Semiconductor Manufacturing Companies

E-Commerce Companies

Healthcare Associations

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period:  2020-2025

For More Information on the research report, refer to below link:-

India Consumer Wearables Market

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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Significant Advancement In Switchboard Global Market Outlook: Ken Research

The Switchboards denotes to the power distribution process system which involves of panels with dissimilar switches and indicators to direct and control electricity for operating in circuits.

According to the report analysis, ‘Switchboards Global Market Report 2020’ states that in the switchboards global market there are several corporates which presently operating more actively for leading the highest market growth and registering the wildest value of market share around the globe during the short span of duration while spreading the awareness related to the applications and features of such, advancing the specifications of the production technologies, implementing the profitable strategies, analyzing and observing the strategies and policies of the government and competitors, decreasing the linked prices, delivering the better consumer satisfaction, and employing the young work force includes ABB, Mitsubishi Electric, Schneider Electric, Emerson Process Management, Rockwell Automation, Siemens, Powerwell, GEDAC ELECTRIC, Kounis, Aussie Switchboards and several others.

In addition, the worldwide switchboard market was worth USD 71.83 billion during 2019. It is projected to increase at a compound annual growth rate (CAGR) of 8% and reach USD 95.78 billion by 2023.

Whereas, growing manufacturing efficiency of products for lengthier durability increases ultimatum for the switchboards. Main companies are highly aiming on the innovations to design switchboards. Amalgamation of new technologies within the production tends to advance its effectiveness and service life of the products. For instance, during 2018, the Shanghai municipal government and ABB contracted a memorandum and invested nearly USD 2.4 billion in China for upgradation of functionality in building smart city with smart producing for competent and safe connectivity in Shanghai's local enterprises. Augment in the efficiency drives the requirement for switchboard, thereby underwriting to the growth of the market.

The growing prices of raw materials are predictable to limit the growth of the switchboard market. The unpredictability of prices in raw materials such as copper, aluminum and steel is probable to have a significant impression on manufacturing cost of switchboards snowballing the expenses of makers. For instance, during 2018, Schneider Electric predicted great prices of raw materials due to high input costs owing to fresh import tariffs in the USA and China impacting the company's business and bottom line.

Ethernet linked switchboards are widely being utilized in household and commercial buildings to save energy and decrease maintenance costs. Switchboards can be linked to a computer through an Ethernet cable. Electricity usage, system status and several other data is communicated to the computer through the Ethernet cable. Data acquired on the computer is analyzed by the energy experts and suggestions to minimalize energy consumption. For example, Enerlin'x system produced by Schneider is a smart panel that communicates energy consumption data to computer through the Ethernet and Modbus interfaces. For instance, some of the foremost companies producing Ethernet connected switchboards involve Schneider Electric, Southwire Company LLC, Siemens AG and Prysmian Group.

Establishments in the switchboard manufacturing market should ruminate investing in technologies for engineering Ethernet linked switchboards to capitalize on the increasing ultimatum for energy efficient systems. Therefore, in the near years, it is anticipated that the market of switchboard will increase around the globe more effectively over the upcoming duration.

For More Information, refer to below link:-

Global Switchboards Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Scenario of Global Home Theatre System Market Outlook: Ken Research

 The home theatre systems market significantly involves of sales of the home theatre systems. A home theater system involves of an enormous television with video components and digital surrounding audio system set up at home. It provides an experience of watching a movie in trivial multiplex cinema screens.

According to the report analysis, ‘Home Theatre Systems Global Market Report 2020’ states that in the home theatre systems global market there are several companies which presently functioning more actively for leading the highest market growth and registering the handsome value of market share around the globe during the near years such as Bose Corporation, LG Electronics Inc, Panasonic Corporation, Sony Corporation, Samsung Group, Bowers & Wilkins, Atlantic Technology, Definitive Technology, Golden Ear Technology, Yamaha Corporation and several others.

The significant growth in disposable incomes was a foremost driver of the home theatre systems market. The increase in disposable incomes was majorly driven by economic growth and middle class populace growth in developing regions such as China, India and Brazil. According to the World Bank, the world's intermediate class population-defined as that receiving between USD 10 and USD 100 per day-increased from nearly 1.5 to 2 billion between 2010 and 2015. During 2017, China's economy increased at 6.6% and India's GDP augmented at 7.2%. The disposable personal income in India augmented to USD 2,718.6 billion in 2018 from USD 2391.5 billion in 2017. Growth in the earnings greatly developed disposable incomes in the emerging markets, rising the demand for home theatre systems market.

The worldwide home theatre systems market was valued USD 15.04 billion in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 19% and reach USD 29.74 billion by 2023. The home theatre systems market has been geographically divided into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. The Asia Pacific registers for nearly 60% of the market.

Not only has this, the effective adaption of cloud services is becoming widespread in the home theater systems market. Cloud technology rightfully enable the consumers to watch videos and music online. The Video streaming platforms are implementing cloud technologies for delivering the better viewing experience. For example, the earlier consumers utilized television for watching videos and now the consumers are choosing access-based approach which enable them to subscribe to video libraries in the cloud. Therefore, corporates in the home theatre systems market are producing the advanced systems that can be linked to internet to admittance the videos online.

During August 2018, Samsung Electronics Co., Ltd, a South Korean multinational electronics corporate entered collaboration settlement with Harman Kardon Inc. This collaboration suggests Samsung Electronics Co., Ltd to further advance their audio quality and play a foremost role in increasing their premium sound bar business. Harman-Kardon Inc., US-based corporation, productions wireless audio systems, portables, speakers, headphones, amplifiers, and accessories. Therefore, in the near years, it is anticipated that the market of home theatre systems will increase around the globe more effectively over the upcoming duration.

For More Information, Click on the Link Below:-

Global Home Theatre System Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Landscape of Global Dishwasher Market Outlook: Ken Research

 The dishwashers market effectively consists of sales of electric dishwashers. The Dishwashers are household electric appliances significantly utilized to clean utensils.

According to the report analysis, ‘Dishwashers Global Market Report 2020’ states that in the dishwashers global market there are several corporates which presently operating more effectively for leading the highest market growth and registering the great value of market share around the globe during the inflowing years while spreading the awareness related to the benefits of such, decreasing the linked prices, advancing the applications of such, analyzing and studying the strategies and policies of such, implementing the profitable strategies, improving the specifications of the production technologies, delivering the better consumer satisfaction and employing the young work force includes Electrolux AB, LG Electronics, Whirlpool, Robert Bosch, AGA Rangemaster, Asko Appliances Dacor, Fagor America, Haier Group Corporation, Hoover Candy Group, Miele and several others.

In addition, the worldwide dishwashers market was valued USD 2.37 billion in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 2% and reach USD 2.55 billion by 2023. However, the dishwasher market effectively covered in this report is classified by product type into freestanding, built-in. It is also divided by application into commercial, residential.

The augment in number of working populace is expected to augment the demand for dishwasher appliance market. The working populace having hectic lifestyles have less duration to take care of household activities such as cleaning and washing. This ascends the requirement for the convenient household appliances which save time and dynamism of households. According to the survey accompanied by the US Energy Information Administration, nearly 68% of Americans in 2017 have the dishwashers at their homes. The hectic lifestyles of the individuals is projected to propel the market for dishwashers in the forecast duration.

The Stainless steel is a foremost raw material utilized in dishwashers producing. As the cost of steel augments simultaneously the manufacture cost of dishwasher also augments. For instance, during March 2018, US President Trump contracted an order to place a 25% and 10% tariff on steel and aluminum imports. The changeability in raw material prices is projected to limit the dishwashers market.

The household appliance producers are participating their products with the IoT technology to make consumers lives comfortable and appropriate. The Internet of Things technology is the interconnectivity of physical objects and devices that are incorporated with sensors and software that enable them to altercation and gather data. Major technologies effectively allowing smart household appliances involve Wi-Fi, Bluetooth Low Energy, micro server and micro-electromechanical systems. For instance, the Bosch has generated home connect, an app that allows the user to observe their refrigerators, cookers, washing machines, dishwashers and several other devices from anywhere through their smart phones. According to report by IHS, the worldwide smart connected electronics shipments is projected to be over 223 million by 2020. Therefore, in the near years, it is predicted that the market of dishwashers will increase around the globe more effectively over the upcoming years.

For More Information, Click on the Link Below:-

Global Dishwasher Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Changes In Scenario Of Food Waste Disposable Units Market Outlook: Ken Research

The food waste disposable units market proficiently consists of sales of the food waste disposable units. The Food waste disposable units that will marshal organic kitchen waste through the sink shack to the sewer system utilized by the householders or commercial kitchen.

According to the report analysis, ‘Food Waste Disposable Units Global Market Report 2020’ states that in the food waste disposable units global market there are numerous corporates which presently operating more effectively for leading the highest market growth and dominating the greatest value of market share around the globe during the upcoming years while implementing the profitable strategies, advancing the applications of the units, setting up new and fresh technologies, studying and analyzing the strategies and policies of the government, delivering the better consumer satisfaction, decreasing the linked prices, spreading the awareness related to the benefits and features of such, employing the young work force and investing the effective amount of money includes Anaheim Manufacturing, Emerson Electric, Franke Management, Haier, Hobart, Whirlpool, InSinkErator, Soocen Technology, Apollo Kitchen Equipment, WasteCare Corporation and several others.

Additionally, the organized players across the worldwide food waste disposable units market are effectively planning to adopt the prominent strategies such as joint ventures, mergers and acquisitions, partnerships, collaboration, new production development and several others for ruling around the globe, generating the effective percentage of revenue and obtaining the competitive edge across the globe.

Whereas, the worldwide food waste disposable units market was valued USD 1.86 billion in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 7% and reach USD 2.35 billion by 2023. However, the food waste disposable unit enclosed in this market is divided by type into shattered type disposers, dry type disposers, grinding type disposers. It is also classified by application into commercial, residential.

The Population growth, speedy urbanization and augmenting the consumption due to growing disposable income will further augment the requirement for food waste disposable units. According to the World Bank, by 2025, the waste volume created per person per day is projected to reach 1.42 kg, up from 1.2 kg during 2012. The International Solid Waste Association has predicted that internationally solid waste volumes will increase by an aspect of 2.37 by 2050.

The aim on environmental situations from several governments and industries persisted limited. Governments, specifically in underdeveloped countries, were more aimed on infrastructural advancement and industrialization. This shortage of focus had a limiting effect on the food disposable units market. For instance, the Kyoto Protocol that was aimed at sinking greenhouse gas emissions international, did not result in momentous reductions in greenhouse gas emissions as several countries did not agree or stick to targets revealed in the agreement.

The food waste disposable units manufacturing corporates are aiming on innovating unconventional environment friendly solutions such as waste-to-energy solutions. The disposers renovate the waste into the fine particles, which further leads to the formation of biogas. The engendered biogas in the variation of biofuel can be utilized to produce the electricity. Therefore, in the near years, it is predicted that the market of food waste disposable units will increase around the globe more effectively over the upcoming duration.

For More Information, refer to below link:-

Global Food Waste Disposable Units Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Scenario of Vaporizers Global Market Outlook: Ken Research

 The vaporizers market comprises of sales of vaporizers. Vaporizer is a device that changes water or a medicinal liquid into a vapor that is breathe in for respiratory reprieve.

According to the report analysis, ‘Vaporizers Global Market Report 2020’ states that in the vaporizers global market there are several companies which presently operating more effectively for leading the highest market growth and dominating the handsome value of market share around the globe during the inflowing years while spreading the awareness related to the superiority of the good, implementing the profitable strategies, analyzing and studying the strategies and policies of the government and competitors, delivering the better consumer satisfaction, decreasing the linked price, employing the young work force, advancing the specifications of the technology, employing the young work force and improving the benefits of such includes Vicks, Vanker, Grizzly Guru, FGB Natural Products, GE Healthcare, Penlon Ltd, Draegerwerk AG & Co. KGaA, Rothacher Medical GmbH, Allied Medical Ltd, Intersurgical Ltd. and several others.

In addition, the worldwide vaporizers market was worth USD 10.53 billion in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 25% and reach USD 24.9 billion by 2023.

The vaporizers market enclosed in this report is divided by type into E-cigarette vaporizers, marijuana vaporizers, and medical vaporizers. It is also classified by application into personal usage, medical application, and several others.

Augmenting advancements in vaporizers is propelling the growth of vaporizers market. Heightened vaporizers can measure the compulsory amount of the anesthetic agent and can self-regulate the supply of the anesthetic agents. For instance, the GE Healthcare, a leading worldwide medical technology and life sciences company suggests Aladdin Cassette, an electronic vaporizer that can amount the dose of anesthetic agents and store the facts.

The anesthetic vaporizers necessitate unremitting power supply. The requirement of the constant power supply for the vaporizers will limit the market in the underdeveloped economies which shortage energy infrastructure facilities. For instance, in 2016, as per World Data Bank only 27% of populace in Uganda had admittance to electricity. This nonexistence of energy infrastructure will limit the growth of vaporizers market.

However, the Medicated cannabis vaporizers have extended the collective demand across the vaporizers market. Not only has this, the Cannabis vaporizers have controlling heating technology and suggest the possibility of indeed adjusting the temperature of the heater by means of a ceremony on the unit, delivering the user full control over the concentration of the aerosol produced. For instance, Storz & Bickel, a subsidiary of Canopy growth corporation has advanced and produced the vaporizers (Volcano medic and the Mighty medic) as per the European Medical Device Directive 93/42/ECC and Standard DIN EN 60601.

During December 2018, Canopy Growth Corporation, a Canada based medical and recreational cannabis corporation, assimilated Storz & Bickel GmBH & Co.KG (S&B) and its correlated entities for USD 164.671 million (145 million euros). This acquisition toughens Canopy Growth Corporation in employing advanced vaporizing technology. Storz & Bickel GmBH & Co.KG, a German based company, creators and manufacturers of medically sanctioned vaporizers. Therefore, in the near years, it is predicted that the market of vaporizers will increase around the globe more effectively over the forthcoming duration.

For More Information, Click on the Link Below:-

Global Vaporizers Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Online Travel Agent Market Research Report: Ken Research

Major players in the online travel agent market are Booking.com, Expedia, Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute, and On the Beach.

The global online travel agent market is expected to decline from USD 744.73 billion in 2019 to USD 595.78 billion in 2020 at a compound annual growth rate (CAGR) of -20%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, restriction on cross-border travel and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach USD 820.18 billion in 2023 at CAGR of 11.24%.

The online travel agent market consists of sales of travel services through online channels. Online travel agents or agencies are those individuals or companies that have websites that allow consumers to book various travel related services via the internet. Travel agents are engaged in sales of travel services such as flights, buses, vacation packages, hotels, and rental cars via online networks. North America was the largest region in online travel agent market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

In June 2018, Cleartrip, an online travel company based in India announced the acquisition of the Flyin, an online travel company based in Saudi Arabia for an undisclosed amount. This acquisition is expected to help both the companies to obtain large consumer-based and wider outreach along with expanding the presence across the Middle East and North Africa region. Both companies together are expected to contribute 60% of the market share in the future throughout the Middle East. Flyin.com provides internet-based travel services such as booking information, online ticket booking, hotel facilities, and various payment options.

The online travel agent market covered in this report is segmented by service type into vacation packages; transportation; accommodation and by platform into mobile/tablets based; desktop based.

 Rising possibilities of uncertain events such as COVID19 outbreak or natural calamities is projected to limit the growth of the tourism industry and online travel agent. According to the UNWTO estimates, the global international tourist arrivals in 2020 is predicted to fall by 20% to 30% compared to the previous year (2019), which translates into a loss of USD 30-50 billion in travel spending by the international visitors. Thus, the online travel agent market is to record a decline in 2020 owing to the impact of COVID19 across the globe. Moreover, according to Travel Daily Media's new published in September 2018, the Typhoon Mangkhut jolts Hong Kong and China leaving tourism, aviation, and transportation industry at standstill. Therefore, possibilities of natural events are probably to restraint the growth of the tourism industry including the online travel agent market during the coming years.

Growing initiatives by the government of various countries to promote tourism and built strong tourism infrastructure in order to boost the revenues generated from the tourism industry is a major trend propelling the growth of the online travel agent market during the period. For instance, according to the Press Information Bureau- Ministry of Tourism, Government of India's report published in July 2019, ministry of tourism is providing financial assistance under National Mission on Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive (PRASHAD) and Swadesh Darshan schemes to various state and union territories for the development of tourism-related infrastructure in the country. Therefore, the government initiatives and steps to promote tourism and develop tourism infrastructure are to act as a key trend in the online travel agent market over the period.

 The surge smartphone users along with growing internet penetration are anticipated to boost the online tourism industry and the business for travel agents during the period. Increasing penetration of internet and growth in the number of smartphone users is contributing to the consumer shift towards online channels for travel ticket and hotel bookings. According to a special report on Digital 2019 published by We Are Social's in January 2019, the number of internet users in 2019 augmented to 4.39 billion than in January 2018, recording a growth of 9% or 366 million users across the globe. Furthermore, the number of smartphone users increased by 100 million or 2% to 5.11 billion in 2019 compared to the previous year. Consequently, the rise in the number of smartphone users coupled with increasing internet penetration is forecast to propel the revenues for the online travel agent market during the years to come ahead.

For More Information, refer to below link:-

Global Online Travel Agent Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Trends in Global Vaporizers, E-Cigarettes and Other Electronic Nicotine Delivery Systems (Ends) Market Outlook: Ken Research

 The Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market involves of sales of vaporizers, e-cigarettes, and other electronic nicotine delivery systems. These are utilized for inhaling the energetic ingredients of plant material such as cannabis, tobacco, or several other herbs or blends.

According to the report analysis, ‘Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Global Market Report 2020’ states that in the vaporizers, E-Cigarettes and other electronic nicotine delivery system global market there are several corporates which presently operating more actively for leading the fastest market growth and dominating the handsome value of market share around the globe during the short span of time such as DASH VAPES, HUBBLY BUBBLY, LIQUIDEU, NICE VAPOR, PACIFIC SMOKE INTERNATIONAL, PUFF ECIG, SIMPLE VAPE CO. LONDON LTD, SMOKIO, VAPE ESCAPES, VAPOR LINE and several others.

The international Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market was valued USD 22.33 billion in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 20% and reach USD 46.3 billion by 2023.

The Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market enclosed in this report is divided by form into vaporizers, E-cigarettes, other Electronic Nicotine Delivery Systems (ENDS). It is also classified by E-cigarettes type into disposable, rechargeable, modular 3) by vaporizers variety: E-cigarette vaporizers, marijuana vaporizers, medical vaporizers.

Increasing awareness of health issues caused by the smoking conventional tobacco cigarettes amongst the smoking population is propelling the growth of the e-cigarettes market. Unadventurous tobacco cigarettes discharge toxic compounds that unpleasantly disturb the health of the distinct. The e-cigarettes are less poisonous and safer compared to the conventional tobacco cigarettes. For instance, during December 2018, British American Tobacco company discharge the Vype iSwitch and Vype iSwitch Maxx based on the Puretech blade technology, includes utilizing an ultra-slim stainless-steel blade to heat e-liquid and generate vapor. The vapor products do not burn tobacco, the vapor comprises significantly subordinate levels of toxicants in the smoke generated when burning tobacco. Therefore, e-cigarettes have decreased risk properties associated to the traditional cigarettes.

Inflexible government regulations on the ban of E-cigarettes is limiting the growth of the Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market. Frequent nations have proscribed the deal and formulate of e-cigarettes to protect the youth and children from the insensitive impressions and habit of E-cigarettes. For example, in December 2019, Indian government has passed proscription of electronic cigarettes (production, producer, import, export, transport, sale, distribution, stowage and advertisement) bill 2019 that obligatory the ban of E-cigarettes. The government banned the e cigarettes as the producing companies are encouraging them as a way to get out of the smoking but research studies have revealed that most of the people are addicting to E-cigarettes.

Medicated cannabis vaporizers have increased increasing requirement in the vaporizers market. Cannabis vaporizers have monitoring the heating technology and offer the possibility of accurately adjusting the temperature of the heater by the means of a display on the unit, providing the user full control over the compactness of the aerosol established. For instance, Storz & Bickel, a subsidiary of Canopy growth establishment has developed and produced vaporizers (Volcano medic and the Mighty medic) as per the European Medical Device Directive 93/42/ECC and Standard DIN EN 60601.

During September 2018, Turning Points Brands, Inc., an US based tobacco products merchant obtained 100% stake in International Vapor Group, Inc. in a deal valued USD 29 million. In addition of the International Vapor Group will reinforce Turning Points Brands, Inc. and will have significant impact on vapor business. International Vapor Group, Inc., an US based e-cigarettes company initiated in 2012 and served with numerous brands under its name. Therefore, in the near years, it is anticipated that the market of vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) will increase around the globe more actively over the inflowing years.

For More Information, Click on the Link Below:-

Global Vaporizers E-Cigarettes and Other Electronic Nicotine Delivery Systems (Ends) Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249