Global E-Cigarette Atomizer Market Overview:
E-Cigarette atomizer is a heating element that turns e-liquid into vapor. It is usually made up of three parts: the actual heating coil, a mesh bridge and a wick that absorbs e-liquid. The growing awareness regarding consuming safe, smokeless, and ashless tobacco is expected to propel the growth of the global e-cigarette atomizer. The launch of new and innovative vaping devices, such as the introduction of IQOS MESH, puff-activated heating, and a low-liquid level detection system, is also anticipated to foster product adoption, and this has led to significant growth if the global e-cigarette atomizer market in the forecast period.
Growth Drivers
- Vaping is Increased among College Students
- Growing Awareness Regarding Consuming Safe, Smokeless, and Ashless Tobacco
Market Trends
- Rising Adoption of Vaping Devices
Roadblocks
- e-cigarettes are often Compared to Conventional Cigarettes Owing to the Nicotine Content
Opportunities
- Rising Concerns Over Conventional Cigarettes Among Carious Age Groups
Challenges
- High-cost Associated with E-Cigarette Atomizer
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Altria Group, Inc. (United States), British American Tobacco (United Kingdom), Imperial Brands (United Kingdom), International Vapor Group (United States), Japan Tobacco (Japan), NicQuid (United States), JUUL Labs, Inc. (United States), Philip Morris International, Inc. (United States), R.J. Reynolds Vapor Company (United States) and ALD Group (China). Additionally, following companies can also be profiled that are part of our coverage like Smoore International (China), GD Sigelei Electronic Tech Co., Ltd. (China) and Shenzhen FirstUnion Technology Co., Ltd. (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global E-Cigarette Atomizer market by 2026. Considering Market by Components, the sub-segment i.e. E-liquid Tank will boost the E-Cigarette Atomizer market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the E-Cigarette Atomizer market.
On 2nd January 2020, Amid the epidemic levels of youth use of e-cigarettes and the popularity of certain products among children, the U.S. Food and Drug Administration has issued a policy prioritizing enforcement against certain unauthorized flavored e-cigarette products that appeal to kids, including fruit and mint flavors. Under this policy, companies that do not cease manufacture, distribution, and sale of unauthorized flavored cartridge-based e-cigarettes (other than tobacco or menthol) within 30 days risk FDA enforcement actions.
What Can be Explored with the E-Cigarette Atomizer Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global E-Cigarette Atomizer Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in E-Cigarette Atomizer
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global E-Cigarette Atomizer market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in E-Cigarette Atomizer market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes E-Cigarette Atomizer Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.