Tuesday 28 February 2023

Expansion of Dry Eye Treatment Devices Market During 2022– 2030 to Gain Robust Traction: Grand View Research Inc.

 Dry Eye Treatment Devices Market Growth & Trends

The global dry eye treatment devices market size is expected to reach USD 537.5 million by 2030, registering a CAGR of 7.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for targeted, non-invasive, faster, and patient-compliant treatment methods to alleviate dry eye symptoms is expected to foster the market growth during the forecast period.

The rising incidence of causative risk factors such as over usage of contact lenses, prolonged exposure to digital screens, diabetes, glaucoma, and Sjogren's syndrome globally is anticipated to propel the growth of the market. For instance, Americans are estimated to spend an average time of more than 10 hours a day at visual display terminals.

The increasing number of clinical and research activities conducted to evaluate the safety and efficacy of advanced dry eye treatment devices such as IPL and BBL will boost the market growth. The application of these advanced technologies in eye care is at a nascent stage in many countries, therefore clinical evidence is essential to increase provider confidence. Besides, clinical studies of these technologies are showing promising results in comparison with conventional treatment methods in dry eye treatment.

The availability of alternative treatment, high cost of IPL/BBL treatment, numerous contraindications associated with IPL, and lack of an efficient health insurance policy in several countries are the factors fueling the growth of the market. For instance, the treatment of dry eye syndrome using intense pulsed light (IPL) is not covered under the NHS, a major provider of healthcare services in the U.K.

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Dry Eye Treatment Devices Market Report Highlights

  • The MGX technology held the largest market share in 2021 owing to the factors such as frequent product launches, cost-effectiveness, and improving accessibility
  • IPL and combination (MGX+IPL) technologies are expected to grow at a lucrative rate during the forecast period due to the factors such as the development of economical and compact-sized IPL devices having versatility in treating skin tones of all types, which has boosted its installation rate in clinics and ophthalmic centers
  • North America held the largest market share in 2021 and is anticipated to maintain its dominance over the forecast period. This is attributed to the growing prevalence of dry eye disease, increasing R&D expenditure, and a large number of ophthalmology trade conferences and expos conducted in the U.S. and Canada

Access Press Release@ https://www.grandviewresearch.com/press-release/global-dry-eye-treatment-devices-market

Dry Eye Treatment Devices Market Segmentation

Grand View Research has segmented the global dry eye treatment devices market on the basis of technology, end-use, and region:

Dry Eye Treatment Devices Technology Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • Broadband light (BBL)
  • Intense Pulsed Light (IPL)
  • Meibomian Gland Expression (MGX)
  • Combination (MGX+IPL)

Dry Eye Treatment Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospitals
  • Ophthalmic Clinics
  • Others

Dry Eye Treatment Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of Dry Eye Treatment Devices Market

  • iBo Medical Group
  • Sight Sciences
  • Lumenis
  • ESW Vision
  • Johnson & Johnson Vision Care
  • Alcon, 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.

Wallpaper Market Latest Innovations, Drivers and Industry Key Events 2022– 2030: Grand View Research Inc.

 Wallpaper Market Growth & Trends

The global wallpaper market size is expected to reach USD 2.44 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 4.3% from 2022 to 2030. The growth is primarily driven by the rising disposable income, the growing trend of home remodeling, and the major initiatives taken by market players to offer a variety of products. Commercial uses of wallpaper in hotels, restaurants, and hospitals across the globe are expected to boost the growth of the residential wallpaper industry.

The market is highly competitive due to the presence of a high number of companies with vast strong brand images, geographic presence, and wide distribution networks. Market players are expected to increase their focus on innovation with increasing R&D activities. For instance, in September 2020, AS Creation Tapeten AG revised the online shop with new functions like motifs and room configurators. These functions allow digital prints to be applied to individual walls and wallpapers.

Key players in the industry are concentrating on the launch of eco-friendly and aesthetically pleasing wallpaper in different designs and styles. Consumers are preferring peel and stick wallpapers as these are easy to use. Various firms are implementing strategies such as partnerships and acquisitions to gain market share. For instance, Blik Inc. introduced new self-adhesive removable wallpapers with new designs and sizes for interiors and exteriors, accelerating the sales of removable wallpaper.

North America held the largest revenue share in 2021, owing to the rise in the inclination of people in North America toward home renovation projects that includes personalizing according to their needs and recent trends. For instance, according to a remodeling survey from the National Association of Home Builders, 40% of the houses in North America are more than 50 years old anticipating there will be an increase in renovation spending in the coming years.

Additionally, the rising number of hypermarkets, specialty food stores, and supermarkets across the globe has significantly boosted the adoption of Residential Wallpapers. According to the Food Institute, Costco is expected to open around 22 new warehouses each year, with 75% of them located in the U.S. The retailer also plans to open three new stores in Bradenton, Florida; Bismarck, North Dakota; and Plainfield, Illinois. Similarly, Walmart invested billions in new stores and improvements throughout 2019.

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Wallpaper Market Report Highlights

  • Vinyl-based wallpaper was valued at USD 610.4 million in 2021 and is expected to grow at a CAGR of over 3.0% from 2022 to 2030. The demand for vinyl-based wallpaper can be attributed to a high preference for these products in the residential and commercial sectors
  • The nonwoven segment is expected to witness a substantial CAGR of around 4.8% from 2022 to 2030. Nonwoven wallpapers remain stable in dry and humid conditions when combined with the printing solution. These wallpapers provide an ideal mix of natural and synthetic fibers which are utilized for producing coffee filters, tea bags, and gauze
  • Asia Pacific was valued a USD 348.9 million in 2021 and is expected to register a CAGR of over 5.0% over the forecast period. The region’s hospitality sector is booming as it is one of the popular travel destinations owing to the diversity provided in this region

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

Wallpaper Market Segmentation

Grand View Research has segmented the global wallpaper market based on product, end-use, and region:

Wallpaper Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Vinyl
  • Nonwoven
  • Paper
  • Fabric
  • Others

Wallpaper End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Residential
  • Commercial

Wallpaper Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players in the Wallpaper Market

  • Sangetsu Corporation
  • York Wall Coverings Inc.
  • Brewster Wallpaper Corporation
  • Schumacher & Co.
  • AS Creation Tapeten AG
  • Osborne & Little
  • The Romo Group
  • Grandeco
  • 4walls
  • Asian Paints

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.

Body Armor Market is Likely To Touch USD 4.1 Billion by 2030: Grand View Research Inc.

 Body Armor Market Growth & Trends

The global body armor market size is expected to reach USD 4.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.6% from 2022 to 2030. Increasing demand for enhancing soldier safety and ensuring survivability across various end users is expected to drive the growth of the industry.

Technological advancements are reshaping the market for body armor consistently. In recent years, the need for novel approaches has steadily increased. For instance, in May 2022, Ordnance Clothing Factory announced working with DRDO on the development of lightweight bulletproof vests. Technological advancements and the rising availability of lightweight body armor are anticipated to fuel industry expansion.

The demand for body armor and personal protection equipment is expected to increase as initiatives toward modernization and technological innovations prompt military forces and security agencies to opt for the latest equipment. External security threats, internal security threats, and territorial disputes are also expected to drive product demand over the forecast period.

The increase in military spending by established and emerging countries throughout the world is expected to be the key factor driving the development of the industry. For instance, as reported in March 2021, Sao Paulo military police initiated a tender for around 15,000 ballistic vests, which was based on the latest NIJ 0101.06 standard. Furthermore, increased terrorism in various nations such as the Asia Pacific and South America prompts governments to focus on increasing reinforcement of personal safety.

Rising domestic concerns like political violence and economic sabotage, as well as exterior perils like terrorist attacks and illegal trafficking, are expected to increase the demand for the global body armor market.Consequently, rising geopolitical tension and a surge in military conflicts between powerful nations worldwide are likely to increase the demand for this product to protect military troops.

Vendors active in the market are aggressively focusing on expanding their customer base and gaining a competitive edge over their competitors. For instance, in Jan 2020, 3M announced the completion of the sale of the company’s advanced-ballistic protection business for USD 91 Mn to Avon Rubber p.l.c., before closing and other adjustments.

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Body Armor Market Report Highlights

  • Protection level IIIA protection accounted for 31.9% of the global revenue share in 2021. Level IIIA vests are relatively light, flexible, and easily discrete under clothes, but can defeat a wider range of ammunition than most of the other protection levels
  • The defense segment accounted for 58.9% of the global revenue share in 2021. This can be attributed to the progression of battlefield threats such as bone-breaking batons or shrapnel in improvised explosive devices and higher expenditure by governments on the safety of the defense personnel
  • The covert style of body armor is expected to register a CAGR of 6.9% over the forecast period. Demand from civilians and covert operation officers for covert body armor products is rising, driving the growth
  • Asia Pacific is estimated to witness a CAGR of 7.0% over the forecast period owing to the growing instances of warfare and border disputes coupled with an increase in the insurgency in the region
  • Manufacturers are focusing aggressively on expanding their customer base so they pursue various strategic initiatives, including mergers & acquisitions, collaborations, and new product/ technology development. For instance, in December 2021, Alexium International Group Limited announced the launch of Eclipsys-based body armor products targeting enhanced cooling

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

Body Armor Market Segmentation

Grand View Research has segmented the global body armor market based on protection level, end-user, type, style, and region:

Body Armor Protection Level Outlook (Revenue, USD Million, 2017 - 2030)

  • Level II
  • Level IIA
  • Level III
  • Level IIIA
  • Level IV

Body Armor End-user Outlook (Revenue, USD Million, 2017 - 2030)

  • Defense
  • Law Enforcement & security personnel
  • Civilians

Body Armor Product Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Vest
  • Helmet
  • Other

Body Armor Product Style Outlook (Revenue, USD Million, 2017 - 2030)

  • Covert
  • Overt

Body Armor Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Body Armor Market

  • Safariland, LLC
  • Point Blank Enterprises, Inc.
  • Elmon SA
  • Ballistic Body Armor Pty
  • Pacific Safety Products Inc.
  • EnGarde Body Armor
  • Hellweg International Pty Ltd.
  • BAE Systems plc
  • Ceradyne Inc.
  • Avon Protection plc
  • Sarkar Tactical Ltd.
  • Craig International Ballistics Pty Ltd.
  • Armored Republic LLC

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.

Monday 27 February 2023

Move To Earn Fitness Apps Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Move To Earn Fitness Apps Market Growth & Trends 

The global move to earn fitness apps market size is expected to reach USD 1.8 billion by 2030, registering a CAGR of 18.3% during the forecast period, according to a new report by Grand View Research, Inc. The major factors attributing to the market growth are the rapid adoption of smartphones throughout the world and growing awareness about healthy lifestyle.

As per the report of GSMA, there were about 4.2 billion mobile internet users all over the world and the number is going to rise to 5.0 billion by 2025. Moreover, technological advancements are driving market growth as major competitors are focusing on introducing new innovative apps in the market and are also providing premium access to consumers to expand their user base. 

Presence of 3G/4G network connectivity along with the introduction of 5G is further driving the market growth. The benefits and features of these applications, such as workout calendars, workout videos, progress visualization, wearable integration, and nutrition, are resulting in an increase in the number of people adopting fitness apps, including move to earn fitness apps. In the U.K., physical inactivity is responsible for one in six deaths, and it costs the U.K. an amount of USD 10.3 billion every year. Thus, governments, all over the world, are working on various initiatives to promote everyday wellbeing. 

COVID-19 provided a growth opportunity for move to earn apps. Due to the lockdown restrictions, fitness apps were highly used for maintaining a healthy lifestyle. A growing percentage of the geriatric population and increasing awareness among elderly people about the benefits of fitness app and monitoring the current state of health is leading to a rise in the demand for move to earn fitness applications. 

In addition, factors such as rising healthcare expenditure, an increasing percentage of obesity rate, and a growing number of athletes, motivating private as well as government organizations to create new models for the fitness regime are further positively impacting the market growth. For instance, as per the survey by Brazil’s Ministry of Health, released in 2020, more than half of the population in Brazil was overweight. According to the same survey, 25.4% of women and 18.5% of men in Brazil were obese. Penetration of move to earn apps in such regions would help in boosting the market growth during the forecast period. 

The iOS segment held the largest revenue share of 46.8% in 2021. An increase in the adoption of iOS among consumers and presence of technologically advanced apps are among the key factors contributing to segment growth. The app developers and manufacturers are striving to increase their market shares through the introduction of innovative fitness and health-related apps and digitally integrated medical devices. 

North America held the largest revenue share of 37.8% in 2021. Increasing awareness about fitness & daily monitoring of health has initiated a rise in the usage of fitness apps and a substantial increase in the number of major competitors in the region. Furthermore, the market is observing a rising number of collaborations among key players, thereby resulting in the launch of new apps.  

Request a free sample copy or view report summary: Move To Earn Fitness Apps Market Report

Move To Earn Fitness Apps Market Report Highlights 

  • Move to earn fitness apps market size is anticipated to be valued at USD 1.8billion by 2030, owing to the growing awareness about healthy lifestyle and adoption of apps for the same
  • Smart phone held 67.2% of the share in 2021. This can be attributed to the increasing adoption of smart phones among consumers during the past few years
  • Based on the platform, iOS held the largest revenue share of 46.8% in 2021
  • Owing to the presence of major players and the increasing rate of obesity, with a revenue share of 37.8%, North America dominated the global market in 2021

Access Press Release@ https://www.grandviewresearch.com/press-release/global-move-to-earn-fitness-apps-market

Move To Earn Fitness Apps Market Segmentation

Grand View Research, Inc. has segmented the global move to earn fitness apps market report based on the platform, device, and region. 

Move To Earn Fitness Apps Platform Outlook (Revenue, USD Million, 2016 - 2030)

  • Android
  • iOS
  • Others

Move To Earn Fitness Apps Device Outlook (Revenue, USD Million, 2016 - 2030)

  • Smartphones
  • Tablets
  • Wearable Devices 

Move To Earn Fitness Apps Regional Outlook (Revenue, USD Million, 2016-2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • Spain
    • Italy
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
  • South America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

List of Key Players in the Move To Earn Fitness Apps Market

  • Fit mint
  • Evidation
  • Healthy Wage
  • Sweat coin
  • Diet Bet
  • Map My Fitness
  • Vitality
  • Charity Miles
  • Higi
  • Win walk

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.

Pet Care Market Overview, Analysis And Forecast To 2030: Grand View Research Inc.

 Pet Care Market Growth & Trends

The global pet care market size is expected to reach USD 236.16 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.1% from 2022 to 2030. The year 2020 was not very promising for many industries, but it has been a boon to the pet care industry due to repeated lockdowns and the work-from-home culture leading people to take better care of their pets. This has stipulated the demand for pet services and products to a significant rise in the industry.

Moreover, the growing awareness about pet humanization, increasing purchasing power of consumers, and a rise in the demand for premium pet care products are the factors driving the growth of the industry. Due to urbanization, people have been living in smaller residential spaces, this has however increased the adoption of smaller pets such as dogs, fish, hamsters, and cats. Consumers are looking to plug the familial gap with pet companions.

In addition, premium pet care products are natural and of higher quality, and safer than regular pet care products. With the increase in demand for premium pet grooming products globally, several companies are trying to occupy majority shares in this segment. For instance, in 2020, BASF Care Creations in North America launched 3 formulations for the dog grooming segment: Creamy Co-Wash for Dogs, Fresh Obsessed Dry Shampoo Mist, and Micellar Dog Shampoo.

According to Pet Biz Marketer, pet food makes up about 3/4s of all pet industry sales. There has been a noticeable increase in the trend of pet food brands gaining market share via niche pet foods. One of the fastest-growing niche food categories is freeze-dried dog food, it is a dog food that’s freeze-dried to extend shelf life. Petfoodindustry.com reports that sales for non-traditional pet food formats are growing faster than traditional pet food.

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Pet Care Market Report Highlights

  • Based on pet type, the dog segment accounted for the largest revenue share of over 39% in 2021, due to a considerable increase in dog adoption as a result of changing lifestyles and growing knowledge of the benefits of dog companionship. Moreover, they have been shown to help with anxiety, stress, and depression, as well as loneliness, cardiovascular health, and exercise which is expected to bode well for the growth of the segment
  • Based on type, the product segment is projected to register the fastest CAGR of 5.0% from 2022 to 2030. Innovation in products such as moisturizers, creams, and lotions is likely to propel the growth. For instance, in 2021, Pure and Natural Pet, a U.S.-based pet care company launched new products to their line of pet grooming and health essentials which are USDA certified
  • North America is expected to contribute a majority of the global revenue share in 2021. During the forecast period, the rising demand for natural and premium goods is expected to drive the growth of the regional industry

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

Pet Care Market Segmentation

Grand View Research has segmented the global pet care market based on pet type, type, and region:

Pet Care Pet Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Dog
  • Cat
  • Fish
  • Bird
  • Others

Pet Care Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Products
    • Pet Litter
    • Pet Grooming Products
    • Fashion, Toys, and Accessories
  • Food
    • Dry Food
    • Wet/ Canned
    • Treats/ Snacks

Pet Care Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
  • Europe
    • France
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa

List of Key Players in the Pet Care Market

  • Ancol Pet Products Limited
  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Hill`s Pet Nutrition, Inc.
  • Mars, Incorporated
  • Nestle Purina PetCare
  • Petmate Holdings Co
  • Saturn Petcare GmbH
  • Tail Blazers
  • The Hartz Mountain 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.

Construction Toys Market Expected To Trigger A Revenue To USD 21.27 Billion By 2030: Grand View Research, Inc.

 Construction Toys Market Growth & Trends

The global construction toys market size is expected to reach USD 21.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.5% from 2022 to 2030. An increasing focus of the parents on overall childhood development is notable accelerating the market growth. Building blocks provide rich opportunities to learn and practice spatial skills, and block building with parents can further scaffold children’s spatial skill development. This is propelling the demand for such toys across the globe. According to Mega Bloks, young children develop better language skills when they engage in regular block play.

The growing dual-income households and improving purchasing sentiments are the major factors that are accelerating the growth of the industry. In addition, economic growth in the regions like Asia Pacific, Middle East & Africa, and Central & South America will create lucrative opportunities for the key players operating in the market. Moreover, the increasing number of children across the globe is likely to accelerate the market growth over the forecast period.

Schools and parents are increasingly shifting toward green toys owing to health and safety concerns associated with the use of raw materials such as plastic in construction toys. To leverage this opportunity, key players operating in the construction toys industry are offering toys made from green materials. Furthermore, manufacturers are focusing on sustainable alternatives and are offering eco-friendly toys made from bamboo husk or recycled plastic.

In terms of value, the bricks and blocks segment dominated the market and is expected to account for the largest market share over the forecast period. the rising awareness among parents about the associated benefits of toys in developing cognitive ability is expected to propel the industry over the forecast period. In addition to this, the first three years are critical for the development of a child, companies are progressively positioning their products as vital to augmenting intellectual growth, which, in turn, is projected to boost the growth of the segment.

North America held the largest revenue share in 2021, owing to the rising evolution in the methods of teaching which has increased the use of constructed toys in education. Manufacturers of construction toys have been utilizing this opportunity and offering products to specifically meet such requirements. For instance, Constructive Playthings, a brand of U.S. Toy Co., Inc., offers a range of products that are useful in classrooms. Along with a variety of block construction toys, the brand also offers molding clays.

Companies are focusing on strategies such as expansions, mergers, and acquisitions to gain market share and increase their service footprint. In June 2022, The LEGO Group announced plans to invest more than USD 1 billion to build a new factory in Chesterfield County, Virginia. Once completed, the 1.7 million square foot, this facility will employ more than 1,760 people. This investment enabled the company to increase and broaden its production capabilities and bolster its toy chain offerings.

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Construction Toys Market Report Highlights

  • The bricks & blocks segment is expected to reach USD 11.98 billion by 2030. The rising consumer preference for toys that keeps kids engaged for long durations, favors the growth of the segment
  • The online distribution segment is expected to witness a substantial CAGR of 7.3% from 2022 to 2030. Increasing internet penetration among the middle-class population, coupled with the rising use of smartphones and similar devices, is the key factor driving the popularity of online channels
  • Asia Pacific was valued a USD 3.05 billion in 2021 and is expected to register a CAGR of more than 7.0% over the forecast period. The growth of the regional market is majorly attributed to the increasing awareness among parents about the role of construction toys in education and holistic growth

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

Construction Toys Market Segmentation

Grand View Research has segmented the global construction toys market based on product, material, distribution channel, and region:

Construction Toys Product Outlook (Revenue, USD Million; 2017 - 2030)

  • Bricks & Blocks
  • Tinker Toy
  • Others

Construction Toys Material Outlook (Revenue, USD Million, 2017 - 2030)

  • Wood
  • Polymer
  • Metal
  • Others

Construction Toys Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Online
  • Others

Construction Toys Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players in the Construction Toys Market

  • Hasbro
  • K’NEX (Basic Fun, Inc.)
  • Tegu
  • Mattel
  • BANDAI NAMCO Group
  • Spin Master Ltd.
  • The LEGO Group.
  • PlayMonster LLC.
  • KnuckleStrutz
  • Magformers
  • Schylling Inc.- Nanoblock
  • Polydron (UK) Limited
  • Ravensburger AG.

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.

Cell Culture Protein Surface Coatings Market to Reach USD 2575.0 Million by 2030: Grand View Research Inc.

 Cell Culture Protein Surface Coatings Market Growth & Trends

The global cell culture protein surface coatings market size is expected to reach USD 2575.0 million by 2030, registering a CAGR of 15.29% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing focus on stem cell research and development is the most crucial factor that drives the industry growth. Stem cell therapy is the most promising method to treat severe medical conditions, such as CVDs, brain disease, cell deficiency therapy, and blood disease. Thus, biotechnology companies and research laboratories are adopting innovative protein surface coating products for the development of stem cells. The rising demand for biopharmaceutical products including antibodies, vaccines, proteins, and drugs is another major factor driving the growth of the industry.

The production of biopharmaceutical products, such as monoclonal antibodies and recombinant proteins, is carried out by using the cell culture technique. The protein surface coating provides improved adhesion and proliferation of cells in vitro. Thus, the demand for cell culture protein surface coating is growing at a high rate, which is estimated to drive the growth of this sector. In addition, the increasing adoption of 3D cell culture is a major factor contributing to the industry's growth. 3D cell culture is a process in which biological cells are grown in a controlled condition, wherein cells could interact with their surrounding across all three dimensions. The protein-coated cell culture instruments provide a 3D microenvironment to achieve optimal cell adhesion and proliferation.

For example, Millicoat Extracellular Matrix (ECM)-Coated Plasticware delivers enhanced cell adhesion, proliferation, and differentiation of cells. However, several government regulations and societal norms may restrict the use of animal-sourced protein coating, which may hamper the industry's growth. Industrial and academic cell cultures are heavily investing in the use of complex animal-derived materials, such as extracellular matrices, sera, and growth supplements, to culture a wide range of cells, that includes transfected and established cell lines along with stem cells. However, companies are shifting toward animal-free products. For instance, Corning Inc. offers Next-generation Corning PureCoat ECM Mimetic Cultureware that promotes animal-free media formulations.

The COVID-19 pandemic presented new challenges for the vaccine industry; it has also brought in novel advancements in vaccine development involving DNA/RNA-based vaccines. The pandemic has also increased the necessity for well-established vaccine manufacturing technologies. Moreover, the COVID-19 pandemic has given rise to scientific advances, especially in the testing and production of vaccine technology. Since December 2020, 10 billion doses of COVID-19 vaccines have been administered globally and while worldwide vaccine equity remains a task to be overcome, some nations have begun to experience a vaccine surplus. Research institutes in various countries, government organizations, and many pharmaceutical and biotech firms are focusing on rapid and effective technologies for developing vaccines/novel therapeutics and diagnosis of COVID-19 to overcome the situation.

Such advancements significantly improved the demand for protein surface protein products in 2020 and 2021. Despite significant progress in the advancement of culture techniques, the potential biohazard of working with human and animal tissues exhibits a number of ethical issues, such as handling, procurement, and the proper use of material. In several countries, biomedical research is regulated strictly. Legislation differs mostly in different countries, animal and research ethics committees and institutional research boards for human subjects have played a key role in research governance. These factors may hamper the industry's growth to a certain extent.

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Cell Culture Protein Surface Coatings Market Report Highlights

  • Self-coating was the largest segment in 2022. It is expected to uphold its dominance during the forecast period owing to a wide scope of application in 2D and 3D cell cultures
  • The pre-coating product segment is estimated to register the fastest CAGR from 2023 to 2030 due to the growing popularity of multiwell/microwell plates for in vitro applications
  • The synthetic protein segment is anticipated to record the fastest CAGR during the forecast period due to its advantages, such as the reduced risk of contamination and simplified composition, over other protein types
  • North America led the global industry in 2022 and is expected to maintain its position during the forecast period due to the presence of big biopharmaceutical companies and highly developed healthcare infrastructure
  • Asia Pacific is anticipated to be the fastest-growing region over the forecast period due to the rapidly growing biotechnology industry and comparatively less stringent regulations for biologics development in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cell-culture-protein-surface-coating-market

Cell Culture Protein Surface Coatings Market Segmentation

Grand View Research has segmented the global cell culture protein surface coating market based on coating type, protein source, and region:

Cell Culture Protein Surface Coatings Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Self-coating
  • Pre-coating
    • Multiwall/microwell plates
    • Petri dishes
    • Flasks
    • Slides
    • Cover slips

Cell Culture Protein Surface Coatings Protein Source Outlook (Revenue, USD Million, 2018 - 2030)

  • Animal-derived
  • Human-derived
  • Synthetic
  • Plant-derived

Cell Culture Protein Surface Coatings Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy 
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Cell Culture Protein Surface Coatings Market

  • Thermo Fisher Scientific, Inc.
  • Corning Incorporated
  • Merck KGaA
  • Eppendorf SE
  • Sartorius AG
  • Greiner Bio-One International GmbH
  • PerkinElmer, Inc.
  • ZenBio, Inc.
  • Kollodis BioSciences, Inc.
  • Viogene

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.

Friday 24 February 2023

Augmented Reality & Virtual Reality In Manufacturing Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 Augmented Reality & Virtual Reality In Manufacturing Market Growth & Trends

The global augmented reality & virtual reality in manufacturing market size is anticipated to reach USD 62.71 billion by 2030, expanding at a CAGR of 29.3% from 2022 to 2030, according to the latest report by Grand View Research, Inc. The market is expected to witness substantial growth over the next eight years as more manufacturing industries have incorporated Augmented Reality (AR) and virtual reality (VR) in their production processes. AR and VR technologies in manufacturing are used for training the workforce, safety testing, error detection, and quality assurance, among others. The advancements in 3D technology and the combination of Artificial Intelligence (AI) with VR offer growth prospects to the market, especially in the automation and manufacturing businesses. Therefore, all these factors positively impact the growth of the market.

The applications in manufacturing, such as product design and development, training in the industrial environment, and remotely conducting repair and maintenance tasks, demand the use of AR and VR technologies due to their convenience, low operational costs, and better proficiency. Organizations are adopting cutting-edge gadgets with the latest technologies, such as sensors for gesture input, eye tracking, motion tracking, spatial sound, and voice support. Therefore, adopting the latest devices and software compatible with AR and VR offers manufacturers various applications. Hence, the wide usage of AR and VR in manufacturing is expected to create market demand.

The growing popularity of augmented and virtual reality technologies for industrial end-use is expected to foster market growth during the forecast period. In recent years, there has been a significant increase in the demand for and popularity of augmented reality and virtual reality headsets due to technological advancements to capture images and sounds profound. The incorporation of VR headsets in industries for vivid applications creates market growth opportunities. For instance, the National Aeronautics and Space Administration (NASA) deployed VR expertise to provide a Virtual Space Station (VSS), collaborative computer-delivered treatment programs, and collaborative behavioral health training.

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Augmented Reality & Virtual Reality In Manufacturing Market Report Highlights

  • The hardware component segment accounted for the largest revenue share of over 55.0% in 2021 owing to the adoption of AR and VR devices in manufacturing
  • The augmented reality technology segment held the largest revenue share of over 70.0% in 2021 due to its wide range of applications in manufacturing processes
  • By device, the handheld devices segment is expected to expand at the highest CAGR from 2022 to 2030 owing to the portability offered by handheld devices
  • The product design and development application segment accounted for the largest revenue share of over 50.0% in 2021 owing to the high penetration of AR and VR in product design and development
  • Asia Pacific is expected to register the fastest growth rate over the forecast period due to the fast adoption of AR and VR technologies among a large number of manufacturers in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-augmented-reality-virtual-reality-manufacturing-market

Augmented Reality & Virtual Reality In Manufacturing Market Segmentation

Grand View Research has segmented the global augmented reality and virtual reality in manufacturing market based on component, technology, device, application, and region:

AR & VR In Manufacturing Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware
  • Software
  • Services

AR & VR In Manufacturing Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Augmented Reality
  • Virtual Reality

AR & VR In Manufacturing Device Outlook (Revenue, USD Million, 2018 - 2030)

  • Head-mounted Display
  • Head-up Display
  • Handheld Devices

AR & VR In Manufacturing Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Product Design & Development
  • Safety & Training
  • Maintenance & Repair

AR & VR In Manufacturing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Augmented Reality (AR) & Virtual Reality (VR) In Manufacturing Market

  • Microsoft Corporation
  • Google LLC
  • Samsung Group
  • Vuzix Corporation
  • SkillReal
  • Ediiie
  • EON Realty, Inc.
  • Kaon Interactive Inc.
  • Worldviz, Inc.
  • SoluLab
  • ESI 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.

Global Quality Management Software Market to Reach Around USD 20.66 Billion by 2030: Grand View Research Inc.

 Quality Management Software Market Growth & Trends

The global quality management software market size is estimated to reach USD 20.66 billion by 2030, registering a CAGR of 10.6% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market growth is attributed to factors such as growing emphasis on establishing internal quality policies and standard operating procedures to supplement organizational growth and developing a customer-centric organization. For industries such as utility and energy, the implementation of quality management software (QMS) is expected to increase owing to advantages such as mitigation of compliance and operational risk, standardization of process, improved decision making, and reduction of energy waste while improving the organization's goodwill.

The healthcare sector is another vertical with the potential for wide implementation of quality management systems (QMS), which is expected to support the software's market growth. The software providers offer hospitals and pharmaceutical companies customized solutions to streamline operations and reduce task time. For instance, in July 2021, Intelex Technologies provided Community Memorial, a hospital in California, with quality management software solutions. The solution includes monitoring & measurement, document control, an audit checklist, supplier management, and a customized dashboard. The software implementation increased the incident reporting rate, administration efficiency, and lead time reduction for a particular task.

Furthermore, quality management software provides a range of functionalities, such as handling non-conformances of specification test results, ensuring compliance, and calibration, along with a centralized system that is calibrated with the CRM and ERP systems. These functionalities, such as the reduction of business process optimization and operational costs, are expected to propel the adoption of QMS across different industry verticals.

Major players in the market are resorting to practices such as product launches, mergers, acquisitions, and partnerships to gain or maintain market share. For instance, in September 2022, Plex System Inc. announced the enhancement of its QMS solution, complying with the customer-specific requirement of Ford Motor Company. The solution will enable Ford Motor Company to adhere to its IATF-16949 FMEA requirements. The QMS by plex allows the manufacturer to reduce risk and quality costs, analyze efficiently through document control, and take corrective action through the Corrective and Prevention Action System (CAPA), thus helping Ford Motor Company streamline their operations further.

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Quality Management Software Market Report Highlights

  • The document control segment is expected to experience growth over the forecast period. The solution helps in creating a central repository for paperwork.
  • Based on the deployment segment, cloud deployment is anticipated to register the fastest-growing CAGR from 2023 to 2030. The flexibility of adoption is contributing to the wide adoption of cloud-based QMS platforms. Additionally, the extra costs of hardware installation are eliminated which in turn reduces the overall cost.
  • The SME segment is anticipated to register a higher growth rate during the forecast period. The rising density of services providers and affordable QMS solutions are helping SMEs to implement QMS
  • The healthcare industry has the highest growth within the end-use segment. Software implementation in pharmaceutical companies is enhancing the quality of customer service worldwide

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

Quality Management Software Market Segmentation

Grand View Research has segmented the global quality management software market report based on solution, deployment, enterprise size, end-use, and region.

Quality Management Software Solution Outlook (Revenue, USD Million, 2018 - 2030)

  • Document Control
  • Non-conformances/Corrective & Preventative
  • Complaint Handling
  • Employee Training
  • Audit Management
  • Supplier Quality Management
  • Calibration Management
  • Change Management
  • Others

Quality Management Software Deployment Outlook (Revenue, USD Million, 2018 - 2030)

  • On-premise
  • Cloud

Quality Management Software Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)

  • Small & Medium Enterprise (SME)
  • Large Enterprise

Quality Management Software End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • IT & Telecom
  • Transportation & Logistics
  • Consumer Goods & Retail
  • Defense & Aerospace
  • Manufacturing
  • Healthcare
  • Others

Quality Management Software Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • MEA

List of key players in the Quality Management Software Market

  • Arena Solutions, Inc.
  • Cority Software Inc.
  • Dassault Systemes SE
  • EtQ Management Consultants, Inc.
  • Ideagen Plc.
  • Intelex Technologies
  • MasterControl, Inc.
  • MetricStream, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • Pilgrim Quality Solution
  • Plex Systems, Inc.
  • SAP SE
  • Siemens AG
  • Sparta Systems Inc.
  • uniPoint Software, Inc.
  • Veeva Systems

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.

Aerosol Propellants Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Aerosol Propellants Market Growth & Trends

The global aerosol propellants market size is expected to reach USD 15.54 billion by 2030 and is expected to expand at 6.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the rising utilization of deodorants, hair sprays, hair mousse, dry shampoos, insecticides, air fresheners, and cleaning products. Additionally, macroeconomic factors such as the rising disposable income of consumers are anticipated to result in an increased demand for cosmetics and personal care products.

Hydrocarbons are widely used in pharmaceutical aerosols on account of their low toxicity, low cost, and non-reactivity, making them environmentally friendly. In addition, they do not contain halogen, which makes them excellent propellants or water-based aerosols. Thus, positively impacting their demand during the forecast period.

In Europe, aerosol propellants are extensively used in household products including air fresheners, fabric care products, waxes & polishes, and kitchen cleaning products among others. High awareness among consumers regarding cleanliness has resulted in substantial demand for aerosols. Furthermore, rising awareness concerning general well-being and the early treatment of respiratory illnesses are likely to result in high demand for inhalers with aerosols as they offer quick relief to patients.

Most industry participants invest in differentiating themselves from other players as the market is fragmented and competitive. Manufacturers of aerosol propellants continue to base their products on elements such as hydrocarbons, dim ethyl ether (DME), nitrous oxide, and carbon dioxide amongst others. Furthermore, these manufacturers are continuously engaged with third-party distributors along with setting up joint ventures in high-growth end-markets. Through these operational integrations, manufacturers are trying to reach out to potential customers of aerosol propellants.

Request a free sample copy or view the report summary: Aerosol Propellants Market Report

Aerosol Propellants Market Report Highlights

  • The DME and methyl ethyl ether is expected to be the fastest-growing type segment with a CAGR of 8.2% over the forecast period, on account of high solvency, chemical stability, low toxicity, and water miscibility, making them useful in several products such as paints and hair sprays
  • The household application segment is anticipated to witness the fastest CAGR of 7.3% during the forecast period, owing to the increasing disposable income and rising significance of aromatherapy
  • Asia Pacific is projected to expand at the fastest CAGR of 7.8% during the forecast period, due to the increasing air freshener consumption in India and China owing to developing infrastructure and the automotive industry
  • Supply chain disruptions, including the lack of ability to source ingredients and raw materials from third parties, have enforced significant challenges and are influencing both financial and operational performance, especially in the U.S., India, and Brazil. Automotive, paints, and personal care markets are under pressure owing to store closure and declining social lives
  • Numerous companies have introduced propellants that emit low VOCs and comply with air quality standards for household, consumer, and industrial applications. Honeywell launched a new propellant named, ‘Solstice’, which is non-flammable, results in zero ozone depletion, and promises to be a low global warming potential (GWP) propellant, in the market

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

Aerosol Propellants Market Segmentation

Grand View Research has segmented the global aerosol propellants market based on product, application, and region:

Aerosol Propellants Product Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

  • Hydrocarbons
  • DME
  • Nitrous Oxide and Carbon Dioxide
  • Others

Aerosol Propellants Application Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

  • Personal Care
  • Households
  • Automotive and Industrial
  • Foods
  • Paints and Coatings
  • Medical
  • Others

Aerosol Propellants Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Aerosol Propellants Market

  • Royal Dutch Shell
  • Brothers Gas
  • The Chemours Company
  • Harp International Ltd
  • Nouryon
  • Mitsubishi Gas Chemical Company, Inc.
  • AVEFLOR, a.s
  • DuPont de Nemours, Inc
  • Honeywell International Inc.
  • Aeropres Corporation
  • BOC Limited
  • Emirates Gas
  • National Gas Company SAOG

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.

High Performance Message Infrastructure Market to Partake Significant Development During 2023 to 2030: Grand View Research Inc.

  High Performance Message Infrastructure Market Growth & Trends The global  high performance message infrastructure market  size is exp...