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Asia Pacific held a dominant position in the "Global Reef Aquariums Market in 2017 and the Top Market Players are Interpet, JUWEL Aquarium AG & Co. KG, Arcadia, Tropical Marine Centre Limited

04-25-2019 03:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insight

Reef Aquariums

Reef Aquariums

Introduction:

Reef aquariums is a marine aquarium that displays live marine invertebrates, corals including hammer coral, candy cane coral, pulse coral and frogspawn coral. It also has various types of fish such as clownfish, tangs, and gobies, which play an important role in maintaining the tropical coral reef environment. A reef aquarium requires turbulent water movement, intense lighting, and more stable water chemistry.
Thus reef aquariums consist of various components such as lighting, stand, sump, refugium, canopy, Filtration, and water movement. However, small water volume and fluctuations in water quality require extra attention as compared to aquariums of larger water volume.

However, high cost of the reef aquariums is one of the major restraining factor for growth of the global market.

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Key Players
Key players operating in the global reef aquariums market include, Jebao, API, Aqua Design Amano Co.,Ltd., EHEIM GmbH & Co. KG, AZOO, Interpet, JUWEL Aquarium AG & Co. KG, Arcadia, Tropical Marine Centre Limited, OASE GmbH, D-D The Aquarium Solution Ltd., and Spectrum Brands, Inc.

Market Outlook
Asia Pacific held a dominant position in the global reef aquariums market in 2017, and it is expected to retain its dominance during the forecast period, owing to increasing consumer preferences towards reef aquarium due its benefits. Filtration in reef aquarium help to remove phosphate, iron, and nitrate from water and provide natural food source. It helps to remove discoloration of the water and remove dissolved matter such as organic to help purify the water in the reef system.

Key Trends
Key players are introducing new product and technology in the market for business expansion and product development. For instance, in May 2018, EHEIM presented the EHEIM LED control, a new wireless electronic lighting control system for setting (via WLAN) lighting scenes and light intensity as in nature. The controller operated via tablets or PC and smartphone without an app. Furthermore, the EHEIM stream control is a new electronic control system which is used for flow pumps and circulation for simulating natural water flows in the aquariums.

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Market Taxonomy
On the basis of product type the global reef aquariums market is segmented into:
• Natural
• Artificial

On the basis of application the global reef aquariums market is segmented into:
• Display Tank
• Filtration
• Lighting
• Heating and Cooling

On the basis of end use, the global reef aquariums market is segmented into:
• Household
• Commercial
• Zoo & Oceanarium

On the basis of region, the global reef aquariums market is segmented into:
• North America
◦ U.S.
◦ Canada
• Europe
◦ U.K.
◦ Germany
◦ Italy
◦ France
◦ Russia
◦ Spain
◦ Rest of Europe
• Asia Pacific
◦ China
◦ India
◦ Japan
◦ ASEAN
◦ Australia
◦ South Korea
◦ Rest of Asia Pacific
• Latin America
◦ Brazil
◦ Mexico
◦ Argentina
◦ Rest of Latin America
• Middle East
◦ GCC
◦ Israel
◦ Rest of Middle East
• Africa
◦ Northern Africa
◦ Central Africa
◦ South Africa

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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