Fire Suppression System Market Size Is Expected To Reach USD 23.76 Billion by 2028

 Fire Suppression System Market Growth & Trends

The global fire suppression system market size is expected to reach USD 23.76 billion by 2028, registering a CAGR of 5.0% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Fire suppression systems help in protecting infrastructure, buildings, and their inhabitants from potential fire hazards. The growing need to prevent casualties and damage to property due to fire breakouts is expected to drive the demand for fire suppression systems over the forecast period. Organizations are investing aggressively in installing fire suppression systems to safeguard their infrastructure and employees from fire hazards. The strong emphasis manufacturing units and incumbents of various industries and industry verticals, such as oil and gas, and power and energy, are putting on protecting their critical machinery and infrastructure from potential fire outbreaks also bodes well for the growth of the market.

Stringent rules and regulations drafted by various governments across the globe are mandating the installation of fire suppression systems. At the same time, the codes and standards developed by the National Fire Protection Association (NFPA) are also helping in ensuring that facilities are protected against damage in case of an emergency. The American Petroleum Institute also offers several resources to help the incumbents of the oil and gas industry in identifying potential fire safety hazards and provides them with solutions for prevention and protection.

The growing awareness among end consumers regarding fire safety is expected to play a vital role in driving the growth of the market over the forecast period. Growing construction activity in both developed and developing economies and the strong emphasis on refurbishing sprinkler systems are expected to foster the growth of the market. The growing preference for advanced and eco-friendly fire suppression systems also bode well for the growth.

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Fire Suppression System Market Report Highlights

• The market is estimated to reach USD 23.76 billion by 2028, driven by the rising construction and infrastructure development activities and the stringent rules and regulations drafted by various governments mandating the use of fire safety equipment
• The fire extinguisher segment accounted for a revenue share of over 50% in 2020 as a result of the aggressive investments made by various companies in installing fire suppression systems
• The commercial segment is expected to dominate the market over the forecast period owing to the aggressive investments being made by enterprises in protecting property, infrastructure, and people from potential fire hazards
• North America dominated the global market in 2020 owing to stringent government rules and regulations mandating the installation of fire suppression systems in buildings

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Fire Suppression System Market Segmentation

Grand View Research has segmented the global fire suppression system market based on product, fire extinguisher type, application, and region:

Fire Suppression System Product Outlook (Revenue, USD Million, 2018 - 2028)

• Fire Extinguisher
• Fire Sprinkler

Fire Suppression System Fire Extinguisher Type Outlook (Revenue, USD Million, 2018 - 2028)

• Gas
• Water
• Dry Chemical Powder
• Others

Fire Suppression System Application Outlook (Revenue, USD Million, 2018 - 2028)

• Commercial
• Industrial
• Residential

Fire Suppression System Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players of the Fire Suppression System Market

• Fike Corporation
• Gentex Corporation
• Halma PLC
• Hochiki Corporation
• Honeywell International Inc.
• Johnson Controls
• Robert Bosch GmbH
• Siemens AG
• United Technologies Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Network Traffic Analysis Market to Record an Exponential CAGR by 2028: Grand View Research Inc.

 Network Traffic Analysis Market Growth & Trends

The global network traffic analysis market size is anticipated to reach USD 5.69 billion by 2028, expanding at a CAGR of 9.7% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. Network Traffic Analysis (NTA) comprises general network operations and management; recording, reviewing, and analyzing the network traffic for performance and security; and identifying the anomalies. The growing internet penetration rate, the shifting consumer preference toward online platforms, the continued adoption of the Bring Your Own Device (BYOD) trend, and the subsequent upsurge in cybercrime have triggered the need to handle the network traffic and complexity efficiently, thereby driving the demand for advanced network management systems.

Cloud-based deployment is expected to gain traction over the forecast period as most organizations are aggressively adopting work-from-home and remote working practices in the wake of the outbreak of the COVID -19 pandemic. Cloud-based deployment provides adequate agility as organizational data can be stored over the cloud and accessed in real-time, irrespective of the location, for further comprehensive analysis. However, cloud-based deployments also increase the volumes of data being exchanged over the data networks, thereby driving the need for robust network traffic analysis solutions.

North America accounted for the largest revenue share of the global market in 2020. The U.S. and Canada, which are considered the most developed economies in the North America continent, are equally known for aggressive adoption of the latest and advanced technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. A strong and well-developed IT infrastructure deployed in the region bodes well for aggressive adoption of network traffic analysis solutions.

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Network Traffic Analysis Market Report Highlights

• The software segment dominated the market in 2020 with a revenue share of more than 60% as enterprises continued to adopt various network traffic analysis software to handle the network traffic
• The cloud segment is expected to grow over the forecast period owing to the benefits, such as cost-saving, agility, and convenience in accessing the data, provided by cloud-based deployment and the continued adoption of Work From Home (WFH) policy by organizations
• The small and medium enterprise segment is anticipated to expand at the highest CAGR from 2021 to 2028 owing to the growing awareness about network traffic analysis and its benefits among small and medium enterprises
• North America dominated the market in 2020 owing to the early and aggressive adoption of the latest and advanced technologies, such as IoT and cloud computing, which has been driving the demand for network traffic analysis solutions in the regional market

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Network Traffic Analysis Market Segmentation

Grand View Research has segmented the global network traffic analysis market based on component, deployment, organization, vertical, and region:

Network Traffic Analysis Component Outlook (Revenue, USD Million, 2018 - 2028)

• Software
• Service

Network Traffic Analysis Deployment Outlook (Revenue, USD Million, 2018 - 2028)

• On-premise
• Cloud

Network Traffic Analysis Organization Outlook (Revenue, USD Million, 2018 - 2028)

• Small and Medium Enterprises
• Large Enterprises

Network Traffic Analysis Vertical Outlook (Revenue, USD Million, 2018 - 2028)

• BFSI
• Healthcare
• Government
• Retail
• Education
• Others

Network Traffic Analysis Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players of the Network Traffic Analysis Market

• Awake Security Inc.
• Broadcom Corporation
• Cloudflare, Inc.
• Core Security Technologies
• NEC Corporation
• NETSCOUT Systems, Inc.
• Netreo Incorporated
• SolarWinds

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Industrial Starch Market: Advanced Technologies and Growth Opportunities Worldwide By 2028

 Industrial Starch Market Growth & Trends

The global industrial starch market size is expected to reach USD 167.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2020 to 2028. The increasing consumption of convenience food products, coupled with the growth of the pharmaceutical and paper industry, is anticipated to augment the demand for industrial starches.

The packaged food industry is witnessing rapid growth on account of the changing eating habits of consumers. Factors such as long working hours, increasing young working population, and convenient access to packed food with a rising number of large retail marts have contributed to the changing lifestyles of consumers. This trend has been boosting the growth of the food processing industry, thereby positively impacting the market growth.

Governmental initiatives aimed at supporting the international trades and local production output of food and beverage products are further expected to support the industry growth. For instance, the government of Saudi Arabia introduced two initiatives worth USD 692.10 million each, post-COVID-19, for facilitating food imports and supporting the local farmers. European Commission passed a regulation (EC) No. 1333/2008, intended for the fortification of additives in the domestic food and beverage industry.

Players have been focusing on the development of starches providing enhanced texture and mouthfeel. Rising consumer preference for healthy, low fat, and low sugar products has impelled players to develop innovative product ranges with additional functionalities. For instance, in March 2021, Ingredion launched ULTRA-TEX 1311 modified potato starch. This starch can be used as an alternative to oil providing better sensory properties, and thereby suitable to be used in low-fat, reduced-fat, keto-friendly, and plant-based food applications.

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Industrial Starch Market Report Highlights

• In terms of source, wheat-based industrial starch is projected to expand at the highest revenue-based CAGR of 7.6% over the forecast period. Wheat starch finds a wide range of applications in the food and beverage, paper, paperboard, and textile industries. It is also used in cotton finishing and laundry sizing as it offers a stiffer finish at a lower temperature compared to corn starch
• By product, the native starch and starch derivatives and sweeteners segment held the largest revenue share of over 60.0% in 2020 and is expected to register the highest revenue-based CAGR over the forecast period. Starch-based sweeteners include maltose syrup, glucose, maltodextrin, liquid sorbitol, and dextrose monohydrate. The growing demand for sweeteners from the food and pharmaceutical market to mask the off-flavors and enhance the taste is expected to drive the industry
• Europe held the second-largest revenue share in 2020 and is expected to register a strong CAGR over the forecast period, which can be attributed to the growing applications of starch in the non-food industries. As per Starch Europe, about 41% of starch in Europe was consumed by non-food applications, whereas paper making was the key application area as of 2020
• Corn and wheat are the major sources of starch, however, players have been focusing on utilizing varied starch sources to offer well-differentiated products. For instance, in February 2021, Tate & Lyle PLC acquired an 85% stake in Chaodee Modified Starch Co., Ltd., engaged in tapioca starch manufacturing in Thailand. This is expected to expand the company’s portfolio in tapioca-based solutions
• Companies in the market have been focusing on expanding geographic reach and widening product portfolios to strengthen market presence. For instance, in December 2019, ADM announced the expansion of its starch portfolio for the Canadian market with a partnership with MCD N.V., a global distributor of specialty chemicals and food ingredients. The available products will be tapioca starch and corn starch, along with several other ADM solutions

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Industrial Starch Market Segmentation

Grand View Research has segmented the global industrial starch market on the basis of source, product, application, and region:

Industrial Starch Source Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• Corn
• Wheat
• Cassava
• Potato
• Others

Industrial Starch Product Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• Native Starch and Starch Derivatives & Sweeteners
• Cationic Starch
• Ethylated Starch
• Oxidized Starch
• Acid Modified Starch
• Unmodified Starch

Industrial Starch Application Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• Food & Beverage
  • Bakery & Confectionery
  • Dairy & Frozen Desserts
  • Beverages
  • Convenience Foods
  • Others
• Feed
• Pharmaceuticals
• Others

Industrial Starch Regional Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • Saudi Arabia

List of Key Players of Industrial Starch Market

• Cargill, Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Tate & Lyle PLC
• AGRANA Beteiligungs-AG
• Grain Processing Corporation
• Roquette Frères
• Tereos Group
• Royal Cosun
• Altia Industrial
• Global Bio-chem Technology Group Company Limited
• General Starch Limited
• Eiamheng
• Coöperatie Koninklijke Avebe U.A.
• Galam Group

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Buy Now Pay Later Market Size Is Expected To Reach USD 20.40 Billion by 2028

 Buy Now Pay Later Market Growth & Trends

The global buy now pay later market size is expected to reach USD 20.40 billion by 2028, registering a CAGR of 22.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The market growth can be attributed to the large number of benefits offered by Buy Now Pay Later (BNPL) platforms, such as convenient and interest-free payments. These platforms are becoming increasingly popular as the preferred payment option when shopping online.

BNPL is short-term financing that allows customers to make purchases and pay for them at a future date. Moreover, buy now pay later plans don't charge interest on payments and are often easier to get approved compared to lines of credit or traditional credit cards. Various factors, such as the easy registration process on BNPL platforms and instantaneous approval for bills, are expected to contribute to the market growth over the forecast period.

Shoppers prefer buying products that allow customers to make payments in installments without charging any interest. As a result, merchants can increase their conversion rates with BNPL services. These services also offer other benefits to merchants, such as full and upfront payments, higher average transaction value, larger customer base, and repeat purchases, among others. These factors are expected to create growth opportunities for the market over the forecast period.

The COVID-19 pandemic is expected to have a positive impact on the market. BNPL is considered a convenient payment method for smaller purchases when shopping online. The increasing popularity of BNPL platforms during the COVID-19 pandemic, coupled with the growth of the e-commerce industry, is expected to create growth opportunities for the market over the forecast period.

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Buy Now Pay Later Market Report Highlights

• In terms of channel, the online segment is anticipated to register the highest growth over the forecast period. Numerous e-commerce companies are partnering with BNPL platforms. As a result, customers are shifting their preference toward online payment channels
• Small and medium enterprises are widely adopting the buy now pay later services to maximize their tax deductions. These services help enterprises in managing their expenses with flexible repayment options and transparent fees
• In terms of end use, the fashion and garment segment is expected to register the highest growth over the forecast period. Millennials are widely adopting BNPL services for paying for clothing in installments
• The presence of a large number of buy now pay later service providers in the North American region is expected to create growth opportunities for the regional market growth over the forecast period.

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Buy Now Pay Later Market Segmentation

Grand View Research has segmented the global buy now pay later market based on channel, enterprise size, end use, and region:

Buy Now Pay Later Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Online
• POS

Buy Now Pay Later Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)

• Large Enterprises
• Small & Medium Enterprises

Buy Now Pay Later End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Consumer Electronics
• Fashion & Garment
• Healthcare
• Leisure & Entertainment
• Retail
• Others

Buy Now Pay Later Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • Sweden
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players of Buy Now Pay Later Market

• Afterpay
• PayPal Holdings, Inc.
• Affirm, Inc.
• Klarna Inc.
• Splitit
• Sezzle
• Perpay Inc.
• Openpay
• Quadpay, Inc.
• LatitudePay

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Bottled Water Market Worth $505.19 Billion By 2028

 

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Portability, easy usage and installation process, and minimal maintenance costs are the key factors to drive the market over the next few years. Furthermore, rising consumer consciousness towards the health benefits of consuming bottled water is projected to drive market growth over the forecast period. Inclination towards bottled water rather than ordinary water, particularly among younger consumers, drives product sales. Observing this trend, several restaurants are providing bottled water to meet consumer demand. Water seems to have hit a sweet spot with health-conscious buyers. The rapid expansion of restaurants in the U.S. is also foreseen to create a significant demand for bottled water in the upcoming years.

Smart Glass Everything You Want To Know...And More

 

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The emergence of energy-conservation initiatives, such as green buildings and eco-friendly structures, globally is expected to offer promising growth prospects to the market. Administrative support through financial benefits and tax initiatives globally is also stimulating the growth of the market. For instance, the European banks have a new mortgage scheme for green homes, encouraging end-users to adopt energy-saving products, such as smart glass. 

Global Automotive Emission Test Equipment Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 Automotive Emission Test Equipment Market Growth & Trends

The global automotive emission test equipment market size is expected to reach USD 971.9 million by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 5.09% from 2021 to 2028. The demand for automotive emission test systems is estimated to increase owing to stringent regulations associated with vehicle exhaust emissions and soaring need for regular periodic technical inspections (PTI) that are aimed at regulating gaseous emissions from exhaust vehicles. Rising concerns to limit adverse environmental effects caused by passenger and light-duty vehicles are also expected to drive the automotive emission test equipment market over the forecast period.

The emission test equipment segment held the largest share in the automotive emission test system market in 2018. It is likely to maintain its dominance in through 2025, on account of surging demand for testing equipment worldwide, especially from automobile manufacturers. Furthermore, the emission test services segment in the automotive emission test system market is a developed business sector across the U.S. and EU member nations. The growth of the segment can be attributed to increasing demand for service centers owing to emission targets mentioned by governments of EU countries.

Asia Pacific is poised to register the highest CAGR over the forecast period. The growth of the region can be attributed to surging adoption of emission norms and growing emphasis on ensuring that automobile manufacturers comply with the same, especially in developing countries such as China and India. These countries are focusing extensively on regulating, monitoring, and reducing greenhouse gas (GHG) emissions in order to cut down adverse effects on environment due to excessive GHG emissions by vehicle exhaust systems.

The adoption rate of periodic technical inspections, vehicle emission norms & standards, and inspection & maintenance programs is high in Europe and North America. European countries such as the U.K., Germany, France, Italy, Spain, the Netherlands, and Finland are already following vehicle emission stringent rules & regulations and have laid down strict standards & norms so as to regulate GHG emissions and other hazardous effects of pollutants emitted by vehicle exhaust systems. Therefore, Europe spearheaded the global vehicle emission test system market in 2018 owing to presence of several testing equipment manufacturers and emission testing service providers.

Key market participants in the global automotive emission test equipment market include HORIBA, Ltd., Opus Inspection, TÜV Nord Group, Gemco Equipment Ltd, and TEXA S.p.A.

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Automotive Emission Test Equipment Market Report Highlights

• The emission test software segment is anticipated to register considerable growth over the forecast period. The software is used to analyze and measure data conducted through various test & inspection system
• The demand for opacity meters/smoke meters is estimated to increase over the coming years, as these devices are used to measure optical properties of smoke emitted by diesel engines
• Europe was the highest revenue-generating regional market in 2018 owing to domicile of a large number of emission testing equipment manufacturers, software developers, and related service providers
• Some of the key participants in the vehicle emission test system market are SGS SA, Sierra Instruments, Inc., Gordon-Darby, Inc., Wager Company, and Applus+.

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Automotive Emission Test Equipment Market Segmentation

Grand View Research has segmented the global automotive emission test equipment market based on solution, emission equipment, and region:

Automotive Emission Test Equipment Solution Outlook (Revenue, USD Million, 2017 - 2028)

• Emission Test Equipment
• Emission Test Software
• Emission Test Services

Automotive Emission Test Equipment Emission Equipment Outlook (Revenue, USD Million, 2017 - 2028)

• Opacity Meters/Smoke Meters
• Other Vehicle Emission Test Equipment/Components

Automotive Emission Test Equipment Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
• Rest of the World

List of Key Players of Automotive Emission Test Equipment Market

• Opus Inspection
• Gemco Equipment Ltd
• TÜV Nord Group
• CAPELEC
• HORIBA, Ltd.
• Applus+
• SGS SA
• AVL LIST GmbH
• TEXA S.p.A.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Laser Marking Machine Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Laser Marking Machine Market Growth & Trends

The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of advanced marking technologies across industries such as machine tools and aerospace and the growing demand for precision marking on manufactured products to improve product’s traceability are some of the factors driving the market growth. Wide-scale applications in the marking of machine tools and equipment especially in the automotive and semiconductor and electronics industries are anticipated to fuel the market demand from 2020 to 2027.

Governments are implementing regulations for permanent marking on products for identification and traceability purposes across defense as well as healthcare industry. For instance, the U.S. Department of Defense has a MIL-STD-130 standard, under which, the military property comprising weapons, artillery, and other equipment should be marked for tracking purposes. Similarly, in 2007, the Food and Drug Administration (FDA) added the requirement of Unique Device Identification System to Federal Food, Drug, and Cosmetic Act (FD&C Act) by section 226 of the Food and Drug Administration Amendments Act of 2007 (FDAAA). Such stringent government norms across economies are expected to spur the demand for laser marking machines and systems over the forecast period.

Growing focus on factory automation to enhance productivity, conserve energy, and reduce downtime is anticipated to propel the overall market demand. Moreover, emerging economies such as India are the primary markets where the trend for mass production can be witnessed over the next couple of years. Mass production can be carried out with the help of automation technologies and quick rollout assembly lines, hence attributing to the demand for automated laser marking machines. For instance, the demand for smartphones in the country has forced the manufacturers to start the local production or assembly of smartphone components.

On the flip side, the safety and health issues related to the use of laser marking technology acts as a restraint for the market. The most prominent safety issues associated with these machines are burns and smoke. Laser burns are often observed on operators working on CO₂ laser engraving and marking machines. Thus, the need for precautionary measures for ensuring safety and health, in turn, increases the operational cost. As a result, factors such as high initial investments, safety and health-related issues, and high operational costs involved in the use of laser marking machines may hamper the market growth of over the forecast period.

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Laser Marking Machine Market Report Highlights

• The fiber type segment dominated the market in 2019 and is projected to continue its dominance over the forecast period, expanding at a CAGR of 9.8% from 2020 to 2027. It is owing to its extensive use on metals, thus finding prominent share in the automotive, aerospace, and machine tools industry
• The machine tools segment dominated the market in 2019 and is anticipated to reach USD 1.3 billion by 2027. Increasing demand for robotics and sensors has augmented the need for tool identification and recognition, thus driving the segment growth
• Asia Pacific region dominated the laser marking machine market with a share of 41.8% in 2019 and is expected to continue its dominance over the forecast period. Growth in the region is primarily driven by the adoption of enhanced manufacturing techniques in the Chinese machine tools industry and the flourishing aerospace & military industry

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Laser Marking Machine Market Segmentation

Grand View Research has segmented the global laser marking machine market on the basis of type, application, and region:

Laser Marking Machine Type Outlook (Revenue, USD Million, 2018 - 2028)

• CO2 Laser
• Fiber Laser
• Green Laser
• UV Laser
• YAG Laser

Laser Marking Machine Application Outlook (Revenue, USD Million, 2018 - 2028)

• Automotive
• Aerospace
• Machine Tool
• Electronics and Microelectronics
• Medical
• Packaging
• Military
• Others

Laser Marking Machine Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players of the Laser Marking Machine Market

• Han's Laser Technology Industry Group Co., Ltd
• Telesis Technologies, Inc.
• Videojet Technologies, Inc.
• Trotec Laser GmbH
• Epilog Laser
• TYKMA Electrox, Inc.
• MECCO
• LaserStar Technologies Corporation
• Gravotech Marking
• Sea Force Co., Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Podcasting Market Soaring Demand Assures Motivated Revenue Share By 2028

 Podcasting Market Growth & Trends

The global podcasting market size is estimated to reach USD 94.88 billion by 2028, expanding at an estimated CAGR of 31.1% from 2021 to 2028, according to a new report by Grand View Research, Inc. Podcasting is an episodic series of digital media, often audio, that can be listened to or watched over the internet or downloaded on a device. The increasing popularity of audio-on-demand platforms is the primary factor driving the market growth. Other factors contributing to the market growth include minimal entry barriers for creators and easy accessibility for users, as they can listen to podcasts while performing tasks such as cleaning, walking, gardening, traveling, or exercising.

The recent evolution of podcasting content, wherein various creators are discussing undebated global scenarios, is bringing about numerous growth opportunities for the market growth. The subscriber base of podcasts pertaining to racism, patriarchy, and political disputes, among others, is significantly growing, thereby encouraging companies and creators to come up with more content that taps diverse audiences. For instance, in February 2020, iHeartMedia Inc. launched a podcast network for the Latino community with an aim to create more Latinx-targeted content. The company also signed a co-production and distribution partnership with ReVolver, a podcast audio network channel, for the development and promotion of high-quality creative podcasts pertaining to the Hispanic community. Meanwhile, challenges such as limited mobile phone storage and low internet connectivity are likely to hinder the market growth over the forecast period.

The COVID-19 pandemic has unfolded new opportunities for the podcasting platform, where many creators are offering content with the sole purpose of educating the global population on the hidden long-term effects of the coronavirus. National public health organizations and private healthcare entities are also releasing podcasts to spread awareness among the masses about the prevention of the virus. For instance, the American Hospital Association (AHA) has released a podcast to talk about community health improvement during and after the COVID-19 pandemic.

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Podcasting Market Report Highlights

• Based on genre, the news and politics segment dominated with a revenue share of around 30.0% of the overall market in 2020. The increasing need for receiving updated information on the ongoing COVID-19 pandemic has resulted in the segmental growth
• Based on format, the solo segment is estimated to account for a reasonable share, expanding at a CAGR of over 30.0% from 2021 to 2028. Market entry is the easiest with this format as the host requires only basic equipment and related software to record podcasts
• Latin America is projected to record the fastest growth, registering a CAGR of around 35.0% from 2021 to 2028. This can be attributed to the increasing popularity of digital devices coupled with the accessibility of podcasting content offered in Spanish

Access Press Release@ https://www.grandviewresearch.com/press-release/global-podcast-market

Podcasting Market Segmentation

Grand View Research has segmented the global podcasting market based on genre, format, and region:

Podcasting Genre Outlook (Revenue, USD Billion, 2018 - 2028)

• News & Politics
• Society & Culture
• Comedy
• Sports
• Others

Podcasting Format Outlook (Revenue, USD Billion, 2018 - 2028)

• Interviews
• Panels
• Solo
• Repurposed Content
• Conversational

Podcasting Regional Outlook (Revenue, USD Billion, 2018 - 2028)

• North America
  • US
  • Canada
• Europe
  • UK.
  • Nordic Countries
• Asia Pacific
  • China
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players of the Podcasting Market

• com, Inc.
• Apple, Inc.
• iHeartMedia Inc.
• Megaphone LLC
• Pandora Media, LLC
• Audacy, Inc.
• Soundcloud Limited
• Spotify AB
• Stitcher
• TuneIn, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Online Tutoring Services Market Booming Trends and Forecast Assessment for the Period 2021 to 2028

 Online Tutoring Services Market Growth & Trends

The global online tutoring services market size is expected to reach USD 18.18 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 15.6% from 2021 to 2028. Online tutoring refers to the process of tutoring in an online, networked, or virtual environment where learners and tutors are present virtually. It has gained popularity with the ever-increasing use of internet services worldwide. Increased internet data transfer speed has enabled tutors and learners to engage online simultaneously. Furthermore, the rapid adoption of smartphones is one of the significant factors driving the adoption of online teaching services worldwide as it enables learning to take place regardless of the geographic location. For instance, Varsity Tutors, a U.S.-based education company, offers a mobile application for live tutoring and instructions. It provides an expert’s assistance from anywhere and lets learners manage their tutoring sessions.

Schools, universities, and other learning institutes have been encouraged to follow distance education and work remotely with their students amid the COVID-19 pandemic. The adoption of distance learning owing to the outbreak of the pandemic has impacted the industry’s growth favorably. For instance, in March 2020, Varsity Tutors released a free product called Virtual School Day for students and parents. It offers over 20 hours of live online classes across various subjects for students up to the 12^th grade. It also has special sessions for each age group. Thus, online tutoring service providers have positively leveraged the pandemic situation as educational institutes have been closed in many states and countries.  

The market has benefitted from the onset of analytical applications to customize tutoring services. For instance, content designers leverage analytical tools to develop content tailored to the requirements of learners. Such content development is fulfilled based on individual students’ interests, performances, and subject understanding. For instance, Kaplan, Inc., an American for-profit educational services corporation, provides online customization tools for learners enrolled in test preparation courses. This trend of growing customization in tutoring services is anticipated to trigger market growth owing to the formative assessment features of these services.

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Online Tutoring Services Market Report Highlights

• The increasing adoption of mobile phones and tablets by students and parents has led to the impulsive growth of mobile learning methods
• The increasing deployment of personalized tutoring and live sessions can be attributed to benefits such as better tutor-student engagement
• Online tutoring service providers have leveraged the outbreak of the COVID-19 pandemic as an opportunity to introduce an ideal learning method amid the crisis
• Remote access and a convenient medium of learning are the key advantages encouraging students to adopt online tutoring services. Furthermore, the inclusion of the feedback feature in mobile educational apps has enabled students to receive personalized support from the service providers

Access Press Release@ https://www.grandviewresearch.com/press-release/global-online-tutoring-services-market

Online Tutoring Services Market Segmentation

Grand View Research has segmented the global online tutoring services market based on tutoring type, course type, duration, and region:

Online Tutoring Services Tutoring Type Outlook (Revenue, USD Million, 2018 - 2028)

• Structured Tutoring
• On-Demand Tutoring

Online Tutoring Services Course Type Outlook (Revenue, USD Million, 2018 - 2028)

• Language Courses
• Science, Technology, Engineering, and Mathematics (STEM) Courses
• Others

Online Tutoring Services Duration Outlook (Revenue, USD Million, 2018 - 2028)

• Short-Term Courses
• Long-Term Courses

Online Tutoring Services Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• Middle East & Africa (MEA)

List of Key Players of the Online Tutoring Services Market

• Ambow Education
• ArborBridge
• Beijing Magic Ears Technology Co., Ltd
• BYJU'S
• Chegg Inc.
• Club Z! Inc.
• iTutorGroup
• Qkids Teacher
• Varsity Tutors
• com

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Zirconia Based Dental Materials Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

 Zirconia Based Dental Materials Market Growth & Trends

The global zirconia based dental materials market size is expected to reach USD 364.3 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The market growth is due to the characteristics such as high mechanical and biocompatibility of zirconia material, rapid rise in the geriatric population, and increased outsourcing to dental laboratories for customized prosthetic solutions.

Zirconia, commonly known as zirconium dioxide, is a white crystalline oxide of zirconium. It is a ceramic oxide that may be produced in a variety of hues. Zirconium dioxide is recommended as a dental material because it is chemically inert. Zirconia dental goods have numerous advantages, including natural and white color, excellent fracture toughness, hardness, and wear resistance. zirconium dioxide is used in dental crowns.

Zirconium dioxide is five times more powerful than porcelain and more durable. As a result, it is a better alternative for patients who have difficulties such as crushing their teeth, biting their nails, and chewing their gums excessively, contributing to market growth. Zirconia has been used in prosthetic dentistry to make crowns and fixed partial dentures using computer-aided design/Computer-aided Manufacturing (CAD/CAM) methods.

The introduction of new technology systems, as well as novel materials such as zirconium dioxide, into the educational curriculum created new difficulties. Thus, the rapid appearance of a large number of materials causes a shortage of professional employees with sufficient training, resulting in a rise in working time while expenses remain high. Zirconia, in various forms, has been used to replace metal-ceramic restorations since its discovery as a dental material. It is apparent that the use of ceramic-zirconia restorations over metal-ceramic restorations is more appropriate owing to biocompatibility and the look is as near to real teeth as feasible.

Request a free sample copy or view report summary: Zirconia Based Dental Materials Market Report

Zirconia Based Dental Materials Market Report Highlights

• The zirconia dental disc segment held the largest revenue share of 62.0% in 2020. Zirconium dioxide material is five times stronger than porcelain and is highly durable. When a patient is allergic to metals, zirconia frameworks are a great option
• The dental crowns segment dominated the market and accounted for the largest revenue share in 2020
• North America dominated the market and accounted for the largest revenue share of 38.0% in 2020. The major drivers of the growth are technological advancement and increase in the number of individuals opting for dental procedures
• In Asia Pacific, the market is expected to witness substantial growth over the forecast period due to the expanding elderly population, rising dental tourism, increased number of dental laboratories, and growing outsourcing of many manufacturing services in the area

Access Press Release@ https://www.grandviewresearch.com/press-release/global-zirconia-based-dental-materials-market

Zirconia Based Dental Materials Market Segmentation

Grand View Research has segmented the global zirconia based dental materials market based on product, application, and region:

Zirconia Based Dental Materials Product Outlook (Revenue, USD Million, 2016 - 2028)

• Zirconia Dental Disc
• Zirconia Dental Block

Zirconia Based Dental Materials Application Outlook (Revenue, USD Million, 2016 - 2028)

• Dental crowns
• Dental bridges
• Dentures

Zirconia Based Dental Materials Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Zirconia Based Dental Materials Market

• 3M ESPE
• GC America
• SAGEMAX
• Huge Dental
• Zirkonzahn
• Pritidenta
• KURARAY NORITAKE DENTAL INC.
• Glidewell Laboratories
• Aurident
• Dentsply Sirona

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.