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  • OPEC urges members to lobby against U.S. NOPEC bill and outline risks

    OPEC is encouraging its members to engage with the U.S. administration over a proposed U.S. bill against the group, known as NOPEC, and to explain that passing the bill could put at risk U.S. interests abroad. A U.S. House panel passed a bill this week to open the Organization of the Petroleum Exporting Countries to lawsuits for collusion in boosting oil prices but it is uncertain whether the full chamber will consider the legislation. "It is essential that member countries reinforce diplomatic bilateral contacts with government officials in the U.S. ... and explain the disadvantages for the U.S. should the NOPEC bill become law," according to a letter written by OPEC Secretary General Mohammad Barkindo to member states and seen by Reuters.

  • University team wins funding to develop robot technologies

    The National Robotarium is based at Heriot-Watt University in Edinburgh.

  • Charlie Brooks on her EastEnders character: 'I often wonder what Janine has been up to'

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  • Ronnie O’Sullivan facing uphill battle to stay in World Snooker Championship

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  • Guardian and Observer style guide: U

    Guardian and Observer style guide: U‘Critics search for ages for the wrong word, which, to give them credit, they usually find.’ Peter Ustinov• Follow the style guide on Twitter: @guardianstyle

  • Wearable technology market was valued at USD 116.2 billion in 2021 and is anticipated to reach USD 265.4 billion by 2026, growing at a CAGR of 18.0% between 2021 to 2026

    The key factors contributing to the growth of the wearable technology market include the rising share of the aging population and mounting benefits of wearable devices in the healthcare sector. The market is further driven by the advent of platforms such as IoT, AR, and machine to machine (M2M); the growing interest of tier 1 players in the wearable ecosystem; and the growing trend of smart living among end users.New York, April 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Wearable Technology Market by Product, Type, Application And Geography - Global Forecast to 2026" - https://www.reportlinker.com/p04664172/?utm_source=GNW The growing demand for wearable technology in applications such as sports and fitness tracking and for multi-featured and hybrid application mobile devices are expected to provide major growth opportunities for the wearable technology market.The consumer electronics segment recorded the largest shipment of wearable device in 2020The consumer electronics segment registered the largest shipment of wearable devices in 2020.The reason behind the growth of this market is that a majority of consumers use wearable technology products to address their health and fitness tracking needs.Wearable technology and the development of related mobile apps further increase the benefits of wearable devices (such as smartwatches and smart bands).Furthermore, sports companies are taking the initiatives to develop new fitness-related applications suitable for wristwear.For instance, Under Armour, Inc. (US), a company developing sports clothing and accessories, launched applications such as MapMyRun, MyFitnessPal, and Endomondo. It also added advanced features such as smart scale and heart-rate fitness tracker to its app. Considering all such developments, the consumer electronics market is expected to register the largest shipments by 2026.Asia Pacific is the fastest-growing region in the wearable technology marketAPAC is the fastest-growing region in the wearable technology market and is made up of 4 major countries—China, Japan, South Korea, and India.Applications such as consumer electronics, industrial, healthcare, and textile contribute significantly to the growth of the market for wearable technology in this region.Asia Pacific has become a global focal point for large investments and business expansion opportunities.In addition, wearable technologies are widely used in oil refineries (for communication and safety purposes).The major consumer electronics companies operating in APAC include Samsung Group (South Korea), Sony Corp. (Japan), Panasonic Corp. (Japan), and LG Electronics (South Korea).The breakup of primaries conducted during the study is depicted below:• By Company Type: Tier 1 – 43 %, Tier 2 – 36%, and Tier 3 –21%• By Designation: C-Level Executives – 38%, Directors – 22%, and Others – 40%• By Region: Americas– 45%, Europe – 17%, APAC – 30% and ROW – 8%Research CoverageThe report segments the wearable technology market and forecasts its size, by volume and value, based on region (Americas, Europe, Asia Pacific, and RoW), Product (Wristwear, Headwear, Footwear, Fashion & Jewelry, Bodywear), Type (Smart Textile, Non-Textile), Application (Consumer Electronics, Healthcare, Enterprise & Industrial).The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the wearable technology market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.Key Benefits of Buying This Report• This report includes market statistics pertaining to the product, type, application, and region.• An in-depth value chain analysis has been done to provide deep insight into the wearable technology market.• Major market drivers, restraints, challenges, and opportunities have been detailed in this report.• Illustrative segmentation, analyses, and forecasts for the market based on product, type, application, and region have been conducted to provide an overall view of the wearable technology market.• The report includes an in-depth analysis and ranking of key players.Read the full report: https://www.reportlinker.com/p04664172/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

  • As an imam, I’m speaking about why St George’s Day should be celebrated

    As an imam, I’m speaking about why St George’s Day should be celebratedQari Asim on diversity and how we are united by a shared identity of being proudly British ‘We are all more alike than we realise.’ Photograph: Daniel Berehulak/Getty Images

  • Covid spending pushes deficit to highest levels since Second World War

    The Government has spent more on furlough than its entire deficit in the year before the coronavirus pandemic.

  • Inflation Forces the Bank of Canada’s Hand Ahead of Fed and ECB

    (Bloomberg) -- The Bank of Canada sent out a warning to investors this week that inflation still matters.In a surprise move, it accelerated the timetable for a possible interest-rate increase and began paring back its bond purchases on Wednesday. That made Canada the first major economy to signal its intent to reduce emergency levels of monetary stimulus.It’s a turn in policy by Governor Tiff Macklem that shows there’s a limit to how much he’s willing to test the upper boundaries of inflation, with new forecasts showing the central bank expects the biggest persistent overshoot of its 2% target in at least two decades. The question is whether Canada’s situation is unique, or foreshadowing the start of a global exit from stimulus.Markets, however, see it as an outlier so far.“Canada does give you a flavor of what happens when your trajectory is stronger than anticipated,” said Su-Lin Ong, head of Australian economic and fixed-income strategy at Royal Bank of Canada in Sydney.While the Canadian dollar jumped the most since June on Wednesday, the Bank of Canada’s big move didn’t cause much of a ripple effect in global markets. The MSCI benchmark for global stocks is trading within 1% of a record high. Ten-year U.S. Treasury yields have fallen below 1.6%, from 1.74% at the end of March, as investors pare expectations that the Federal Reserve will raise rates soon.‘Distinguishing Factors’Counterparts elsewhere, meanwhile, are resisting. At a decision Thursday, European Central Bank President Christine Lagarde said the institution isn’t discussing the phasing out of its emergency bond buying, while the Federal Reserve has long been adamant it won’t scale back the pace of its $120 billion-a-month bond purchases until it sees “substantial further progress” on employment and inflation.“Central banks of small economies can sometimes be canaries in the coal mine,” Krishna Guha, vice chairman at Washington-based Evercore ISI, said in a report to investors. “But while there are some elements of this decision that have an obvious read-across to other central banks, there are also distinguishing factors that caution against naive extrapolation.”Some analysts don’t even see the Canadian central bank taking a dramatically more aggressive policy stance, even after Wednesday’s move. At a press conference after the decision, Macklem emphasized the central bank’s commitment is not to raise interest rates before the economy fully recovers, and that any future hike would reflect economic conditions at the time.Macklem is right-sizing one of the more aggressive quantitative easing programs relative to the size of its bond market, in an economy also being supported by massive fiscal stimulus. The Bank of Canada owns more than 40% of outstanding federal government bonds, potentially distorting the market.“Canada is different. The amount of the bonds they are buying is huge,” Steve Englander, head of global G-10 FX research at Standard Chartered Bank in New York, said by phone. “The Fed doesn’t have that issue.”The economic fundamentals are also pretty solid. Canada’s jobs market has recouped 90% of losses during the pandemic, versus just over 60% of U.S. losses made up so far. Canada’s red-hot housing market is another worry.“The situation is sufficiently unique in Canada that I’m not sure it applies to the Fed, or ECB,” Jean-Francois Perrault, chief economist at Bank of Nova Scotia, said by phone. “Our labor market basically is back to where it was.”What Bloomberg Economics Says...“The Bank of Canada brought forward when it expects the economy’s excess slack to be absorbed, but the accompanying Monetary Policy Report includes discussion of several factors that could soften the need to pull forward a rate hike into 2022. We continue to think a rate move is likely to be delayed into the first quarter of 2023.”--Andrew Husby, economistFor a full report, see herePerhaps more consequential, the Bank of Canada’s mandate is narrow -- focused on a 2% inflation target, with some flexibility over timing. Consumer price gains are expected to be at or above that mark for more than 70% of its forecast horizon, according to Bloomberg calculations on Bank of Canada data. The central bank sees inflation at 2.4% in the final quarter of 2023, a rare divergence from target at the close of its forecasts.Macklem justified his tolerance for above-target inflation this week by citing the central bank’s decision not to preemptively raise rates until a full recovery. It’s a policy that’s paralleled in the U.S.But the Fed is juggling a number of objectives. These include growing concerns about racial equity that suggest it’s waiting for the headline jobless number to drop even below estimates of full employment.A more accommodative approach was formalized in a policy review last year that now allows the Fed to explicitly overshoot 2% inflation moderately for some time. It’s an option the Bank of Canada is considering as it completes its own mandate renewal later this year.(Updates with inflation forecast in final quarter of 2023 in 14th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Ben Fogle to return to Scotland for new BBC series

    It comes more than 20 years after he found fame in Castaway 2000.

  • 3 Ways You're Underestimating Your Retirement Costs

    When it comes to estimating retirement costs, a lot of people's guesses are way off, sometimes by hundreds of thousands of dollars. Below are some of the most common issues that cause people to underestimate their retirement expenses. If any apply to you, follow the tips to fix them now before they come back to bite you in retirement.

  • Global Taste Modulators Market (2020 to 2028) - Size, Share & Analysis Report

    Dublin, April 23, 2021 (GLOBE NEWSWIRE) -- The "Taste Modulators Market Size, Share & Analysis, By Type (Sweet Modulators, Salt Modulator, Fat Modulators), By Application (Food, And Beverages), And By Region, Global Forecast To 2028" report has been added to ResearchAndMarkets.com's offering. Increasing consumption of taste modulators to make food and beverages with enhance flavors while retaining the nutritional value is a key factor driving market revenue growth.Market Size - USD 1,313.8 Million in 2020, Market Growth - CAGR of 9.5%, Market Trends - Increasing number of product applications in pharmaceuticals, animal feed, and dietary supplements.The global taste modulators market size is expected to reach USD 2,739.7 Million in 2028, and register a CAGR of 9.5% during the forecast period. Taste modulators are used in the food industry to enhance flavors of food commodities. Taste makers play an important role in food formulating and making food products more flavorful. This is one of the major factors boosting demand for taste modulators and drive market growth.Non-alcoholic beverages, health and sports drinks, energy drinks, and alcoholic beverages such as beer, whiskey, and wine, contain taste modulators to maintain taste of the beverages. This is another factor expected to drive growth of the global taste modulators market.However, stringent regulations for use of salt reducing agents, and ill-effects of sugar substitutes could restraint market growth to some extent.Some Key Findings From the Report: Among the type segments, the salt modulatory segment accounted for the largest revenue share in 2020. The sweet modulators segment is expected to register a robust revenue CAGR during the forecast period.Among the application segments, the beverages segment accounted for major revenue share in 2020. The food segment is expected to register a robust revenue CAGR during the forecast period.North America market accounted for the largest revenue share in 2020. Europe market accounted for the second-largest share in terms of revenue in 2020.The Asia Pacific market is expected to register a robust revenue CAGR during the forecast period, due to increasing consumption of processed food products among consumers in the region.Companies profiled in the market report include Koninklijke DSM N.V., Kerry Group Plc., Ingredion Incorporated, International Flavors and Fragrances, Symrise AG, Sensient Technologies, The Flavor Factory, Carmi Flavor & Fragrance, Flavorchem Corporation, and Senomyx. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint. Reasons to Buy the Report A robust analysis and estimation of the Taste Modulators Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysisA holistic competitive landscape of the all the major players in Taste Modulators Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developmentsGo-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendorsMost deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamicsSpecial focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization Key Topics Covered: Chapter 1. Market Synopsis1.1. Market Definition1.2. Research Scope & Premise1.3. Methodology1.4. Market Estimation TechniqueChapter 2. Executive Summary 2.1. Summary Snapshot, 2020 - 2028Chapter 3. Indicative Metrics 3.1. Awareness regarding consumption of healthy foods3.2. Growing demand for food modulators among diabetic patients3.3. Rising number of diabetic and obese populationChapter 4. Taste Modulators Segmentation & Impact Analysis 4.1. Taste Modulators Segmentation Analysis4.2. Taste Modulators Market Value Chain Analysis, 2018 - 20284.3. Regulatory framework4.4. Taste Modulators Market Impact Analysis4.4.1. Market driver analysis4.4.1.1. Rising awareness regarding consumption of sweet and salted products4.4.1.2. Rising demand from emerging markets4.4.1.3. Rising demand for reduced calorie products with original taste4.4.2. Market restraint analysis4.4.2.1. Stringent regulations and international standards on salt reducing ingredients4.4.2.2. Ambiguity regarding health effects of sugar substitutes4.5. Key opportunities prioritized4.6. Taste Modulators Pricing Analysis4.7. Industry analysis - Porter's4.8. Taste Modulators PESTEL AnalysisChapter 5. Taste Modulators Market By Type Insights & Trends 5.1. Taste Modulators Type dynamics & Market Share, 2021 & 20285.2. Sweet modulators5.2.1. Market estimates and forecast, 2018 - 2028 (USD Million)5.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)5.3. Salt modulators5.3.1. Market estimates and forecast, 2018 - 2028 (USD Million)5.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)5.4. Fat modulators5.4.1. Market estimates and forecast, 2018 - 2028 (USD Million)5.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)Chapter 6. Taste Modulators Market By Application Insights & Trends 6.1. Taste Modulators Application dynamics & Market Share, 2021 & 20286.2. Food6.2.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.3. Bakery products6.2.3.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.4. Confectionery products6.2.4.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.5. Snacks & savory products6.2.5.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.6. Meat products6.2.6.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.6.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.7. Other foods6.2.7.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.7.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.7.3. Cereals6.2.7.3.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.7.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.7.4. Sauces & dressings6.2.7.4.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.7.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.2.7.5. Seasonings6.2.7.5.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.2.7.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.3. Beverages6.3.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.3.3. Alcoholic6.3.3.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.3.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)6.3.4. Non-alcoholic6.3.4.1. Market estimates and forecast, 2018 - 2028 (USD Million)6.3.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million)Chapter 7. Taste Modulators Market Regional Outlook 7.1. Taste Modulators Market share by region, 2021 & 20287.2. North America7.3. Europe7.4. Asia Pacific7.5. Middle East & Africa7.6. Latin AmericaChapter 8. Competitive Landscape 8.1. Market Revenue Share by Manufacturers8.2. Manufacturing Cost Breakdown Analysis8.3. Mergers & Acquisitions8.4. Strategy Benchmarking8.5. Vendor LandscapeChapter 9. Company Profiles 9.1. DSM9.1.1. Company Overview9.1.2. Financial Performance9.1.3. Product Length Benchmarking9.1.4. Strategic Initiatives9.2. Kerry9.2.1. Company Overview9.2.2. Financial Performance9.2.3. Product Length Benchmarking9.2.4. Strategic Initiatives9.3. Ingredion9.3.1. Company Overview9.3.2. Financial Performance9.3.3. Product Length Benchmarking9.3.4. Strategic Initiatives9.4. International Flavors and Fragrances9.4.1. Company Overview9.4.2. Financial Performance9.4.3. Product Length Benchmarking9.4.4. Strategic Initiatives9.5. Symrise9.5.1. Company Overview9.5.2. Financial Performance9.5.3. Product Length Benchmarking9.5.4. Strategic Initiatives9.6. Sensient Technologies9.6.1. Company Overview9.6.2. Financial Performance9.6.3. Product Length Benchmarking9.6.4. Strategic Initiatives9.7. Carmi Flavor & Fragrance9.7.1. Company Overview9.7.2. Financial Performance9.7.3. Product Length Benchmarking9.7.4. Strategic Initiatives9.8. The Flavor Factory9.8.1. Company Overview9.8.2. Financial Performance9.8.3. Product Length Benchmarking9.8.4. Strategic Initiatives9.9. Flavorchem Corporation9.9.1. Company Overview9.9.2. Financial Performance9.9.3. Product Length Benchmarking9.9.4. Strategic Initiatives9.10. Senomyx9.10.1. Company Overview9.10.2. Financial Performance9.10.3. Product Length Benchmarking9.10.4. Strategic InitiativesFor more information about this report visit https://www.researchandmarkets.com/r/itvh7g 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

  • Facial recognition should be banned, EU privacy watchdog says

    Facial recognition should be banned in Europe because of its "deep and non-democratic intrusion" into people's private lives, EU privacy watchdog the European Data Protection Supervisor (EDPS) said on Friday. The comments come two days after the European Commission proposed draft rules that would allow facial recognition to be used to search for missing children or criminals and in cases of terrorist attacks.

  • Ben Fogle announces return to Scottish islands for new TV show

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  • 'Way of the dodo': Campus bookstore's end sparks firing feud

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  • Regarding the approval of the Supervisory Board of AB Kauno Energija for the audited results

    The meeting of the Supervisory Board of AB Kauno Energija has been held on April 21, 2021. The decision in accordance with Items 1 and 6 of Paragraph 1 of Article 32 of the Law on Companies of the Republic of Lithuania has been made, as follows:1) to accept and propose to the General Meeting of Shareholders of AB Kauno Energija to approve the audited Consolidated Financial Statements of AB Kauno Energija for the year 2020 prepared in accordance with International Financial Reporting Standards as adopted by the European Union, together with a Consolidated Annual Report and an independent auditor’s conclusion;2) to accept and propose to the General Meeting of Shareholders of AB Kauno Energija to allocate the profit of AB Kauno Energija in accordance with the 2020 year profit (loss) allocation project submitted to the General Meeting of Shareholders;3) to approve the implementation of the business strategy of AB Kauno Energija for the year 2020;4) activities of the Management Board of AB Kauno Energija for the year 2020 evaluate well;5) activities of the General Director of AB Kauno Energija for the year 2020 evaluate well. Loreta Miliauskienė, Head of the Economics Department, tel. +370 37 305 855

  • Superlega, Giletti: "Farsi dare lezioni di morale da Uefa, il colmo"

    "La cosa che mi rammarica di più della vicenda Superlega? E' aver fatto passare Ceferin (il presidente della Uefa, ndr) come eroe supremo della resistenza e baluardo dei piccoli club, quando l'Uefa è un organismo che ha gestito veramente il calcio in modo pessimo, poco trasparente e pieno di scandali. Farsi dare una lezione di morale da Ceferin, ecco, non mi piace, non mi è piaciuto affatto". Dopo il fallimento della Superlega, Massimo Giletti fa, con l'Adnkronos, un'analisi della vicenda del naufragio della competizione calcistica europea. "Io credo che quando un'idea crolla così velocemente, in soli due giorni, vuol dire che alla base non c'è un'idea industriale -osserva il giornalista, super tifoso juventino- Ma se si muovono dodici club, dodici presidenti di grande qualità come loro, vuol dire che c'è qualcosa che non va, e penso chiamasi disperazione. Siamo arrivati ad un calcio che non è più sostenibile. Ma tu non sei il re, che da ai suoi sudditi regalie varie e tieni il lusso per te", sottolinea Giletti. "Il lato positivo di aver forzato la mano -rileva il conduttore di Non è l'Arena- è che forse questo costringerà tutti a sedersi a un tavolo". Giletti azzarda poi un consiglio da tifoso: "Do un suggerimento: inizino a pagare meno i giocatori per trovare un equilibrio. Chi pensa soltanto al denaro, vuol dire che non ha idee. Il risultato è fondamentale, ma l'emozione e la bellezza del calcio sono più importanti".

  • Travel curbs come into force as India added to red list

    The restrictions come in response to mounting concern about the number of Covid-19 cases in India and the emergence of a variant of the virus.

  • Brought in by humans, beavers threaten Patagonia’s forests

    The Karukinka natural park on Chile's side of the Tierra del Fuego archipelago guards a treasure trove of ancient beech trees saved from the chainsaws of loggers. Today, the leafy giants face a new threat: a flourishing community of beavers brought to Patagonia from Canada 75 years ago with the idea of promoting human settlement, centered on fur trade, on the sparsely populated tip of South America.

  • The global CNC controller market size was valued at USD 2.8 billion in 2021 and is projected to reach USD 3.4 billion by 2026; it is expected to grow at a CAGR of 3.6% from 2021 to 2026

    The growth of the CNC controller market is majorly driven by rising adoption of industrial automation in manufacturing industries and increasing demand for mass production across automotive industry,New York, April 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "CNC Controller Market with COVID-19 Impact by Offering, Machine Type, Axis Type, Sales Channel, Industry And Region - Global Forecast to 2026" - https://www.reportlinker.com/p04975550/?utm_source=GNW COVID-19 has emerged as a global pandemic that has spread in several countries worldwide and disrupted various industries around the world.The prominent players across industries have been affected by this pandemic.The foreseeable decline in the growth of end-user applications may have a considerable direct impact on the CNC controller market.Indirect sales channels expected to grow at highest CAGR during the forecast period.Manufacturers majorly provide CNC controllers to end users through indirect sales channels or third-party providers.Most key players in the market have well-established sales networks and distribute their products worldwide.End users may lack the expertise required to integrate CNC controllers into CNC machines; thus, installations are majorly undertaken by system integrators or third-party providers appointed by companies. Owing to these factors, the indirect sales channel segment is projected to grow at a higher CAGR during the forecast period.Automotive industry is expected to contribute largest share of market during the forecast period.The automotive segment is estimated to account for the largest share of the market in 2021.To ensure enhanced power consumption and safety, modern automobile manufacturers adopt IoT and V2X communication technologies which enable vehicles to communicate with smart traffic signals.Thus, such advancements in automotive manufacturing technologies and increasing investments by key automotive manufacturers are some of the factors expected to drive the growth of the market in the automotive industry during the forecast period.APAC is expected to contribute the largest share of market during the forecast period.APAC is estimated to account for the largest share of the CNC controller market in 2021.Growth of the market is majorly driven by the growing manufacturing sector in the region.Continuous advancements and technological innovations in various industries; economic development in major economies such as China, Japan, and India; increasing infrastructural developments in Southeast Asian countries such as Singapore, Thailand, and Malaysia, among others; and rising foreign investments in this region is expected to fuel market growth.Break-up of the profiles of primary participants:• By Company Type – Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%• By Designation – C-level Executives – 55%, Directors – 35%, and Others – 10%• By Region – North America - 35%, Europe – 30%, APAC – 25%, and RoW – 10%FANUC(Japan), Siemens(Germany), Mitsubishi Electric(Japan), DMG MORI(Japan), Haas Automation(US), Hurco Companies(US), and Okuma(Japan) among others, are some of the key players in the market.The CNC Controller market has been segmented into offering, machine type, axis type, sales channel, industry, and region. The CNC controller market has been studied for North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).Reasons to buy the report:• Illustrative segmentation, analysis, and forecast of the market based on offering, machine type, axis type, sales channel, industry, and region have been conducted to give an overall view of the CNC controller market.• A value chain analysis has been performed to provide in-depth insights into the CNC controller market ecosystem.• The report includes pricing analysis, patent analysis, ecosystem analysis as well as technology, trade and case study analysis pertaining to CNC controller.• The key drivers, restraints, opportunities, and challenges pertaining to the CNC controller market have been detailed in this report.• Detailed information regarding the COVID-19 impact and related updates on the CNC controller market has been provided in the report.• The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues and market share.Read the full report: https://www.reportlinker.com/p04975550/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001