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Global $27.5 Billion Oxygen Market Opportunities and Strategies to 2030: Key Players are Air Liquide, Air Products and Chemicals, Mitsubishi Chemical, The Linde Group, & Yingde Gases

Dublin, Feb. 03, 2021 (GLOBE NEWSWIRE) — The “Oxygen Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery” report has been added to ResearchAndMarkets.com’s offering. The global oxygen market reached a value of nearly $27,741.8 million in 2019, having increased at a compound annual growth rate (CAGR) of 6.1% since 2015. The market is expected to decline from $27,741.8 million in 2019 to $27,548.0 million in 2020 at a rate of -0.7%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is also restrained due to uncertain demand from the industrial sector due to uncertain demand. The market is then expected to recover slightly and grow at a CAGR of 0.11% from 2021 and reach $27,482.3 million in 2023. The market is expected to reach $30,052.0 million in 2025 and $ 36,553.2 million in 2030. Growth in the historic period resulted from emerging markets growth, increased prevalence of disease, and rising air pollution levels. Factors that negatively affected growth in the historic period were safety, and changing regulations. Going forward, increasing demand for oxygen due to COVID-19 effect, applications of oxygen in healthcare, and increased demand for portable oxygen for homecare will drive the growth. Factors that could hinder the growth of the oxygen market in the future include a reduction in free trade and uncertain demand from industry. The oxygen market is segmented by type into industrial oxygen, medical oxygen, and others. The industrial oxygen market was the largest segment of the oxygen market segmented by type, accounting for 77.4% of the total in 2019. Going forward, the medical oxygen segment is expected to be the fastest-growing segment in the oxygen market, at a CAGR of 5.0% during 2019-2023. The oxygen market is segmented by application into mineral processing applications, automobiles, healthcare, cosmetics, mining, pharmaceutical, food and others. The others market was the largest segment of the oxygen market segmented by application, accounting for 27.6% of the total in 2019. Going forward, the healthcare segment is expected to be the fastest-growing segment in the oxygen market, at a CAGR of 5.0%. The Asia Pacific was the largest region in the global oxygen management market, accounting for 40.0% of the total in 2019. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the oxygen market will be the Middle East, and Africa, where growth will be at CAGRs of 3.5% and 3.4% respectively during 2019-2023. These will be followed by Eastern Europe, and South America, where the markets are expected to grow at CAGRs of 2.2% and 1.3% respectively. The global oxygen market is highly concentrated, with a small number of large players. The top ten competitors in the market made up to 49.8% of the total market in 2019. Major players in the market include Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation, Air Products and Chemicals Inc. and Yingde Gases. The top opportunities in the oxygen market segmented by type will arise in the medical oxygen segment, which will gain $851.6 million of global annual sales by 2023. The top opportunities in the oxygen market segmented by application will arise in the healthcare segment, which will gain $851.6 million of global annual sales by 2023. The oxygen market size will gain the most in China at $880.3 million Market-trend-based strategies for the oxygen market include acquiring smaller companies to increase the market share, partnering with respirator product manufacturers to develop innovative products, developing customized air separation plants, and increasing the production capacities for pulp and paper industry oxygen gases. Player-adopted strategies in the oxygen market include investing in expanding manufacturing operations, improving infrastructure and in acquisitions and mergers to strengthen their service offerings. Amidst the unprecedented outbreak of coronavirus, governments across the world are advising people to stay indoors and practice social distancing, to reduce the spread of the pandemic. This has increased the short-term potential growth opportunities for the oxygen industry. To take advantage of the opportunities, the publisher recommends the oxygen companies to focus on customized air separation plants, invest in IoT technology, invest in pulp and paper, expand in emerging markets, increase domestic production, provide competitively priced offerings, and collaborate with government organization. Key Topics Covered: 1. Oxygen Market Executive Summary 2. Table Of Contents 3. List of Figures 4. List of Tables 5. Report Structure 6. Introduction6.1. Segmentation By Geography6.2. Segmentation By Type6.3. Segmentation By Application 7. Oxygen Market Characteristics7.1. Market Definition7.2. Market Segmentation By Type7.2.1. Medical Oxygen7.2.2. Industrial Oxygen7.2.3. Others7.3. Market Segmentation By Application7.3.1. Cosmetics7.3.2. Pharmaceuticals7.3.3. Automobiles7.3.4. Mining7.3.5. Mineral Processing7.3.6. Healthcare7.3.7. Others 8. Oxygen Market, Supply Chain Analysis 9. Oxygen Market Product Analysis – Product Examples 10. Oxygen Market Customer Information10.1. Oxygen Suppliers Ensure To Meet The Oxygen Demand10.2. Senior Citizens To Have Low Blood Oxygen Saturation Due To COVID-1910.3. Medical Professionals Believe COVID-19 Is An Oxygen Failure Disease10.4. Oxygen Consumption To Increase In The USA10.5. Excessive Weight Of Portable Oxygen Concentrators Restraining Oxygen For Homecare Market10.6. Expanding Patient Base Driving The Oxygen Market 11. Oxygen Market Trends And Strategies11.1. Increase In The Number Of Mergers And Acquisitions (M&A) In The Oxygen Gas Market11.2. Customized Air Separation Plants11.3. Oxygen Gas Applications In Pulp And Paper11.4. Oxygen Manufacturers Adopting IoT Technology11.5. Increasing Oxygen Production To Deal With COVID 12. Oxygen Market, COVID Impact Analysis12.1. Impact On Global Oxygen Demand12.2. Impact On Global Oxygen Prices12.3. Impact On Global Regulations/Initiatives12.4. Impact On Leading Global Oxygen Companies 13. Global Oxygen Market Size And Growth13.1. Market Size13.2. Historic Market Growth, 2015 – 2019, Value ($ Million)13.2.1. Drivers Of The Market 2015-201913.2.2. Restraints On The Market 2015-201913.3. Forecast Market Growth, 2019 – 2023, 2025F, 2030F Value ($ Million)13.3.1. Drivers Of The Market 2019-202313.3.2. Restraints On The Market 2019-2023 14. Global Oxygen Market Segmentation14.1. Global Oxygen Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)14.2. Global Oxygen Market, Segmentation By Application, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)14.3. Global Oxygen Market, Segmentation By Form, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)14.4. Global Industrial Oxygen Market, Segmentation By Delivery, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million) Companies Mentioned Air LiquideAir Products and Chemicals Inc.Mitsubishi Chemical Holdings CorporationThe Linde GroupYingde Gases For more information about this report visit https://www.researchandmarkets.com/r/9k1kkyResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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How to Preorder the PlayStation 5 Pro in Canada

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Sony has made it easy for Canadian consumers to preorder the PlayStation 5 Pro in Canada directly from PlayStation’s official website. Here’s how:

  • Visit the Official Website: Go to direct.playstation.com and navigate to the PS5 Pro section once preorders go live on September 26, 2024.
  • Create or Log in to Your PlayStation Account: If you don’t have a PlayStation account, you will need to create one. Existing users can simply log in to proceed.
  • Place Your Preorder: Once logged in, follow the instructions to preorder your PS5 Pro. Ensure you have a valid payment method ready and double-check your shipping information for accuracy.

Preorder Through Major Canadian Retailers

While preordering directly from PlayStation is a popular option, you can also secure your PS5 Pro through trusted Canadian retailers. These retailers are expected to offer preorders on or after September 26:

  • Best Buy Canada
  • Walmart Canada
  • EB Games (GameStop)
  • Amazon Canada
  • The Source

Steps to Preorder via Canadian Retailers:

  • Visit Retailer Websites: Search for “PlayStation 5 Pro” on the website of your preferred retailer starting on September 26.
  • Create or Log in to Your Account: If you’re shopping online, having an account with the retailer can speed up the preorder process.
  • Preorder in Store: For those who prefer in-person shopping, check with local stores regarding availability and preorder policies.

3. Sign Up for Notifications

Many retailers and websites offer the option to sign up for notifications when the preorder goes live. If you’re worried about missing out due to high demand, this can be a useful option.

  • Visit Retailer Sites: Look for a “Notify Me” or “Email Alerts” option and enter your email to stay informed.
  • Use PlayStation Alerts: Sign up for notifications directly through Sony to be one of the first to know when preorders are available.

4. Prepare for High Demand

Preordering the PS5 Pro is expected to be competitive, with high demand likely to result in quick sellouts, just as with the initial release of the original PS5. To maximize your chances of securing a preorder:

  • Act Quickly: Be prepared to place your order as soon as preorders open. Timing is key, as stock can run out within minutes.
  • Double-Check Payment Information: Ensure your credit card or payment method is ready to go. Any delays during the checkout process could result in losing your spot.
  • Stay Informed: Monitor PlayStation and retailer websites for updates on restocks or additional preorder windows.

Final Thoughts

The PlayStation 5 Pro is set to take gaming to the next level with its enhanced performance, graphics, and new features. Canadian gamers should be ready to act fast when preorders open on September 26, 2024, to secure their console ahead of the holiday season. Whether you choose to preorder through PlayStation’s official website or your preferred retailer, following the steps outlined above will help ensure a smooth and successful preorder experience.

For more details on the PS5 Pro and to preorder, visit direct.playstation.com or stay tuned to updates from major Canadian retailers.

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Introducing the PlayStation 5 Pro: The Next Evolution in Gaming

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Since the PlayStation 5 (PS5) launched four years ago, PlayStation has continuously evolved to meet the demands of its players. Today, we are excited to announce the next step in this journey: the PlayStation 5 Pro. Designed for the most dedicated players and game creators, the PS5 Pro brings groundbreaking advancements in gaming hardware, raising the bar for what’s possible.

Key Features of the PS5 Pro

The PS5 Pro comes equipped with several key performance enhancements, addressing the requests of gamers for smoother, higher-quality graphics at a consistent 60 frames per second (FPS). The console’s standout features include:

  • Upgraded GPU: The PS5 Pro’s GPU boasts 67% more Compute Units than the current PS5, combined with 28% faster memory. This allows for up to 45% faster rendering speeds, ensuring a smoother gaming experience.
  • Advanced Ray Tracing: Ray tracing capabilities have been significantly enhanced, with reflections and refractions of light being processed at double or triple the speed of the current PS5, creating more dynamic visuals.
  • AI-Driven Upscaling: Introducing PlayStation Spectral Super Resolution, an AI-based upscaling technology that adds extraordinary detail to images, resulting in sharper image clarity.
  • Backward Compatibility & Game Boost: More than 8,500 PS4 games playable on PS5 Pro will benefit from PS5 Pro Game Boost, stabilizing or enhancing performance. PS4 games will also see improved resolution on select titles.
  • VRR & 8K Support: The PS5 Pro supports Variable Refresh Rate (VRR) and 8K gaming for the ultimate visual experience, while also launching with the latest wireless technology, Wi-Fi 7, in supported regions.

Optimized Games & Patches

Game creators have quickly embraced the new technology that comes with the PS5 Pro. Many games will receive free updates to take full advantage of the console’s new features, labeled as PS5 Pro Enhanced. Some of the highly anticipated titles include:

  • Alan Wake 2
  • Assassin’s Creed: Shadows
  • Demon’s Souls
  • Dragon’s Dogma 2
  • Final Fantasy 7 Rebirth
  • Gran Turismo 7
  • Marvel’s Spider-Man 2
  • Ratchet & Clank: Rift Apart
  • Horizon Forbidden West

These updates will allow players to experience their favorite games at a higher fidelity, taking full advantage of the console’s improved graphics and performance.

 

 

Design & Compatibility

Maintaining consistency within the PS5 family, the PS5 Pro retains the same height and width as the original PS5 model. Players will also have the option to add an Ultra HD Blu-ray Disc Drive or swap console covers when available.

Additionally, the PS5 Pro is fully compatible with all existing PS5 accessories, including the PlayStation VR2, DualSense Edge, Pulse Elite, and Access controller. This ensures seamless integration into your current gaming setup.

Pricing & Availability

The PS5 Pro will be available starting November 7, 2024, at a manufacturer’s suggested retail price (MSRP) of:

  • $699.99 USD
  • $949.99 CAD
  • £699.99 GBP
  • €799.99 EUR
  • ¥119,980 JPY

Each PS5 Pro comes with a 2TB SSD, a DualSense wireless controller, and a copy of Astro’s Playroom pre-installed. Pre-orders begin on September 26, 2024, and the console will be available at participating retailers and directly from PlayStation via direct.playstation.com.

The launch of the PS5 Pro marks a new chapter in PlayStation’s commitment to delivering cutting-edge gaming experiences. Whether players choose the standard PS5 or the PS5 Pro, PlayStation aims to provide the best possible gaming experience for everyone.

Preorder your PS5 Pro and step into the next generation of gaming this holiday season.

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Google Unveils AI-Powered Pixel 9 Lineup Ahead of Apple’s iPhone 16 Release

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Google has launched its next generation of Pixel phones, setting the stage for a head-to-head competition with Apple as both tech giants aim to integrate more advanced artificial intelligence (AI) features into their flagship devices. The unveiling took place near Google’s Mountain View headquarters, marking an early debut for the Pixel 9 lineup, which is designed to showcase the latest advancements in AI technology.

The Pixel 9 series, although a minor player in global smartphone sales, is a crucial platform for Google to demonstrate the cutting-edge capabilities of its Android operating system. With AI at the core of its strategy, Google is positioning the Pixel 9 phones as vessels for the transformative potential of AI, a trend that is expected to revolutionize the way people interact with technology.

Rick Osterloh, Google’s senior vice president overseeing the Pixel phones, emphasized the company’s commitment to AI, stating, “We are obsessed with the idea that AI can make life easier and more productive for people.” This echoes the narrative Apple is likely to push when it unveils its iPhone 16, which is also expected to feature advanced AI capabilities.

The Pixel 9 lineup will be the first to fully integrate Google’s Gemini AI technology, designed to enhance user experience through more natural, conversational interactions. The Gemini assistant, which features 10 different human-like voices, can perform a wide array of tasks, particularly if users allow access to their emails and documents.

In an on-stage demonstration, the Gemini assistant showcased its ability to generate creative ideas and even analyze images, although it did experience some hiccups when asked to identify a concert poster for singer Sabrina Carpenter.

To support these AI-driven features, Google has equipped the Pixel 9 with a special chip that enables many AI processes to be handled directly on the device. This not only improves performance but also enhances user privacy and security by reducing the need to send data to remote servers.

Google’s aggressive push into AI with the Pixel 9 comes as Apple prepares to unveil its iPhone 16, which is expected to feature its own AI advancements. However, Google’s decision to offer a one-year free subscription to its advanced Gemini Assistant, valued at $240, may pressure Apple to reconsider any plans to charge for its AI services.

The standard Pixel 9 will be priced at $800, a $100 increase from last year, while the Pixel 9 Pro will range between $1,000 and $1,100, depending on the model. Google also announced the next iteration of its foldable Pixel phone, priced at $1,800.

In addition to the new Pixel phones, Google also revealed updates to its Pixel Watch and wireless earbuds, directly challenging Apple’s dominance in the wearable tech market. These products, like the Pixel 9, are designed to integrate seamlessly with Google’s AI-driven ecosystem.

Google’s event took place against the backdrop of a significant legal challenge, with a judge recently ruling that its search engine constitutes an illegal monopoly. This ruling could lead to further court proceedings that may force Google to make significant changes to its business practices, potentially impacting its Android software or other key components of its $2 trillion empire.

Despite these legal hurdles, Google is pressing forward with its vision of an AI-powered future, using its latest devices to showcase what it believes will be the next big leap in technology. As the battle for AI supremacy heats up, consumers can expect both Google and Apple to push the boundaries of what their devices can do, making the choice between them more compelling than ever.

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