Growing Demand for Eco-friendly Products to Bolster the Growth of the POS Terminal Market 2017 – 2025

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About global POS Terminal market

The latest global POS Terminal market study is an in-depth and professional assessment of the current situation of the global POS Terminal industry, including market size, revenue, pricing, trends, and future prospects. According to the report, the global POS Terminal market pegged a value of ~US$ xx Mn/Bn in 2018 and is expected to progress at a CAGR of xx% during the foreseeable timeframe 2019-2029.  

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The study provides a comprehensive view of the marine lubricants market by dividing it into product, application, operation type, and geography segments. The products have been segmented into mineral oil, synthetic oil, and bio-based oil. The applications are segmented into engine oil, hydraulic oil, turbine oil, gear oil, heat transfer fluids (HTFs), compressor oil, grease and others. The operation types have been categorized as inland and offshore. These segments have been analyzed based on historic, present, and future trends.

The product segment includes lubricants formulated from base oils such as mineral oil, synthetic oil, and bio-based oil. Out of these three types, mineral oil-based marine lubricants significantly dominate the market, followed by synthetic oil-based marine lubricants. Mineral oil falls under group I, II and III by API specification. Synthetic oil can be categorized as fully synthetic (group III, IV and V) and semi-synthetic – which is the mixture of synthetic and mineral oil. Bio-based lubricants are obtained from either vegetable oil or animal oil.

The application segment includes engine oil, hydraulic oil, turbine oil, gear oil, heat transfer fluids (HTFs), compressor oil, grease and others. The most consumed marine lubricants are engine oil, gear oil, hydraulic oil and grease. Following engine oil, the second most consumed marine lubricant is hydraulic oil. Even though engine oil segment held significant share of the marine lubricants market, hydraulic oil segment is expected to exhibit major growth potential during the forecast period. Regional segmentation includes the current and forecast consumption of marine lubricants in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). Market segmentation includes demand for consumption in all the regions individually.

Global Marine Lubricants Market: Competitive Outlook

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Royal Dutch Shell plc, ExxonMobil Corporation, BP PLC., LUKOIL Marine Lubricants DMCC, Chevron Corporation, and Total Lubmarine. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

Secondary research sources that were typically referred to include, but were not limited to, OPEC Annual Statistical Bulletin, U.S. Energy Information Administration (EIA), Marine Environment Protection Committee (MEPC), Independent Chemical Information Service (ICIS), International Chamber of Shipping (ICS), International Maritime Organization (IMO), company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

The global marine lubricants market has been segmented as follows:

By Product Analysis

  • Mineral oil
  • Synthetic oil
  • Bio-based oil

By Application

  • Engine oil
  • Hydraulic oil
  • Turbine oil
  • Gear oil
  • Heat Transfer Fluids (HTFs)
  • Compressor oil
  • Grease
  • Others

By Operation Type

  • Inland
  • Offshore

By Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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The POS Terminal market report answers some of the important questions, including:

  1. What value is the POS Terminal market estimated to register in 2019?
  2. What are the challenges and opportunities the POS Terminal market hold for the stakeholders?
  3. How is the global POS Terminal market distributed among the vendors?
  4. What tactics are the POS Terminal market vendors executing to stay ahead of their rivals?
  5. Why is the growth of the global POS Terminal market slowing down over the forecast period?

The report provides the following data:

  • Supply-side as well as demand-side trends of the POS Terminal market across various regions.
  • Market revenue, and production capacity of the POS Terminal market during the historic year as well as forecast year.
  • Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global POS Terminal market.
  • The pros and cons of POS Terminal on environment and human health.
  • Adoption pattern of POS Terminal among various end use industries.

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The POS Terminal market report presents accurate and up-to-date insights regarding the POS Terminal market from trusted suppliers, service providers, and value chain partners via extensive primary and secondary research. The information regarding each market vendor includes company background, main market insight, SWOT analysis, sales, revenue, pricing and gross margin, and market share. 

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


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This post was originally published on Analytics News