Industry Background:
A vaporizer, also known as a vaporiser or vape, is a product that vaporises drugs for inhalation. Cannabis, tobacco, and other spices, as well as essential oil blends, are all examples of plant substances that can be used. Conduction vaporizers are electronic devices that produce active compounds from plant material or extracts that have been inserted into them. The conductionvaporizers work because the vegetable material comes into direct contact with the heat source that generates the vapour. Since it needs relatively few components for its practical use, this technology was widely used in the first portable vaporizers. Marijuana is becoming more popular around the world because of its medical and recreation purposes. Marijuana smoking was once a common pastime all over the world, but as people become more conscious of the negative effects of marijuana, they are turning to alternative methods such as marijuana conduction vaporizers. Marijuana vaporizer sales have risen as a result of a rising trend of people preferring to vape rather than smoke marijuana. Marijuana vaping is the newest development in the cannabis industry, and it's driving up demand for conduction vaporizers on the market.The rising popularity of vaping has boosted sales of both conduction and convection vaporizers. However, due to their low cost, simplicity, and fast heating capability, conduction vaporizers are the most common option among marijuana users.This growth is primarily driven by Demand for Marijuana Is Increasing
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Medical Devices sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Greenco Science (United States), STORZ & BICKEL (Germany), Puffco (United States), SLANG Worldwide Inc (Canada), Innokin (China), JAC Vapour limited (United Kingdom), Smok (China), Boundless Technology (United States), Ghost Vapes (United States) and Jupiter Research (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
January 2021 – Grenco Science (G Pen) announced the launch of the new, smart-chip enabled, customizable G Pen Gio+. Featuring variable heat profiles and time controlled usage settings, the G Pen Gio + gives consumers control over their cannabis experience
Regulatory Insights:
The FDA has approved a CBD-based liquid medication named Epidiolex for treating two forms of severe childhood epilepsy, Lennox-Gastaut syndrome and Dravet syndrome.
Conduction Vaporizers Market Dynamics:
Attributes | Details |
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Growth Drivers | - Demand for Marijuana Is Increasing
- Consumers Prefer To Buy Vapoing Products As Compared To Smoking
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Influencing Trends | - Smart Vaporizers – They Offer Temperature Control Setting, Vibration Notification, and Instant Heating
|
Restraints | - Conduction Vaporizers Don’t Extract The Oils From Marijuana
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Road Blocks / Challenges | - Consumption of Marijuana Is Still Not Legal In Several Countries
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Gaps & Opportunities | - Legalization of Marijuana for Medical Usage By Government
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Conduction Vaporizers Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Conduction Vaporizers Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Conduction Vaporizers players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Conduction Vaporizers Study Sheds Light on
The Conduction Vaporizers Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Conduction Vaporizers industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Conduction Vaporizers industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.