Monday, 12 April 2021

Personal Protective Equipment Market Insights Business Opportunities, Current Trends And Forecast 2028

 

Personal Protective Equipment Market Growth & Trends

The global personal protective equipment market size is expected to reach USD 112.07 billion by 2028, registering a CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc. The upgrading of the public healthcare system and infrastructure coupled with investments in new facilities in developing economies is anticipated to drive the product demand over the coming years.

The stringent regulations imposed by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) in the country have a positive impact on product demand from the end-use industries. In addition, the growing employee awareness related to personal safety has a significant influence on the increased penetration of personal protective equipment (PPE) in the country.

Constant innovations, in terms of production, such as the development of lighter, comfortable industrial protective equipment using premium-quality fabric, are projected to propel market growth. High demand for PPE, which combines safety with improved aesthetics and technological innovation, is further estimated to augment market growth.

Various countries implemented Covid-19 related acts, such as the Families First Coronavirus Response Act by the U.S., for protecting public health workers, establishing free testing, providing paid leaves, and important benefits to children and families in 2020 to curb the spread of the virus. Increasing domestic production coupled with restraints on imports and exports of PPE surged the product demand in 2020.

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Personal Protective Equipment Market Report Highlights

  • Hand protection PPE accounted for the largest revenue share in 2020 and is expected to grow at a CAGR of 6.7% over the forecast period owing to the rising product demand on account of risks associated with corrosive chemicals, handling warm objects, and heavy-duty equipment
  • Protective footwear accounted for a significant market share and is expected to expand further at a steady CAGR over the forecast period on account of the increasing workplace fatalities
  • The oil & gas industry accounted for a significant share, in terms of revenue, in 2020 and is expected to witness a growth rate of 6.9% over the projected period owing to high accident risk in upstream and midstream activities in the industry
  • Growth in the food & beverage sector across the globe is projected to drive PPE demand over the forecast period
  • Companies are focusing on manufacturing branded and fashionable PPE owing to the increased demand for durable and customized products

Access Press Release@ https://www.grandviewresearch.com/press-release/global-personal-protective-equipment-ppe-market

Personal Protective Equipment Market Segmentation

Grand View Research has segmented the global personal protective equipment market on the basis of product, end-use, and region:

PPE Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Head, Eye & Face Protection
  • Hearing Protection
  • Protective Clothing
    • Heat & Flame Protection
    • Chemical Defending
    • Cleanroom Clothing
    • Mechanical Protective Clothing
    • Limited General Use
    • Others
  • Respiratory Protection
    • Air-purifying Respirators
    • Supplied Air Respirators
  • Protective Footwear
    • Leather
    • Rubber
    • PVC
    • Polyurethane
    • Others
  • Fall Protection
  • Hand Protection
    • Disposable Gloves
      • By Type
        • General Purpose
        • Chemical Handling
        • Sterile Gloves
        • Surgical
        • Others
      • By Material
        • Natural Rubber
        • Nitrile
        • Neoprene
        • Vinyl
        • Others
      • Durable Gloves
        • Mechanical Gloves
        • Chemical Handling
        • Thermal/Flame Retardant
        • Others
      • Others

PPE End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Construction
  • Manufacturing
  • Oil & Gas
  • Chemicals
  • Food
  • Pharmaceuticals
  • Healthcare
  • Transportation
  • Mining
  • Others

PPE Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Personal Protective Equipment (PPE) Market

  • Honeywell International, Inc.
  • Lakeland Industries, Inc.
  • DuPont
  • 3M
  • Ansell Ltd.
  • Avon Rubber plc
  • COFRA S.r.l.
  • Uvex Safety Group
  • Lindstrom Group
  • BartelsRieger Atemschutztechnik GmbH
  • Rock Fall (U.K.) Ltd.
  • Mine Safety Appliances (MSA) Company
  • Radians, Inc.
  • Polison Corp.
  • Gateway Safety, 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.

Wires And Cables Market Competitive Insight and Key Drivers 2021 to 2028

 Wires And Cables Market Growth & Trends

The global wires and cables market size is expected to reach USD 260.16 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.4% from 2021 to 2028. Wires and cables are one of the essential components of infrastructure development across the world. The growing emphasis on investments and government initiatives to generate power from renewable sources has enforced the adoption of wires and cables across the globe. Increasing funds in the upgradation of infrastructure and the demand for refined power transmission and distribution systems are the key factors driving the market over the forecast period.

Infrastructure development, modernization, and upgradation of infrastructure such as railways, tunnels, tunnel-lighting and signaling; commercial, residential, and industrial buildings; and implementation of smart grid technology is expected to drive the global market. Sectors such as defense, aerospace, and telecom are moving towards new infrastructure and construction, which increases the demand for cables and wires across the globe. Technological upgrades require various services, such as internet access and communication. Expansions and upgrades will directly increase the demand for cables such as communication cables, instrumentation cables, Ethernet cables, and others.

The government initiatives in rural electrification also play a vital role in the growth of the overall market. Rural electrification entails actions, including setting electricity infrastructure, improving communication, and providing connectivity to households. Rural electrification is anticipated to drive the demand for wires and cables in the coming years. For instance, according to the Ministry of Power - Government of India, 26.3 million homes below the poverty line have been electrified under the Rural Electrification section of Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY). Smart grids diminish the general cost incurred in traditional systems, including the operational cost encountered due to loss of power. It also lowers the pressure on energy prices and total customer bills. The Indian government, under the "Make in India" campaign, has targeted the installation of 130 million smart meters by 2021 under Smart City Initiatives. The installation was done at the consumer base, where the monthly consumption is above 200 units by 2019. There are various steps taken by the government in other countries, such as the U.S., to encourage the smart grid implementation.

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Wires And Cables Market Report Highlights

  • The global market accounted for USD 183.14 billion in 2020 and is expected to grow at a CAGR of 4.4% from 2021 to 2028. 
  • The extra-high voltage segment emerged as the fastest-growing segment over the forecast period. 
  • Overhead emerged as the largest segment in 2020 and is estimated to generate revenue of over USD 165.17 billion by 2028. 
  • The Asia Pacific market held the largest share in the market in 2020. Government initiatives such as Make in India and Smart Cities in the region are anticipated to drive the market.
  • Key players including Prysmian SpA, Nexans, Belden Inc., LS Cables & System Ltd., Furukawa Electric Co., Ltd., Fujikura Ltd., Sumitomo Corporation, Leoni AG, NKT A/S, among others accounted for the majority share of the overall market in 2020.

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

Wires and Cables Market Segmentation

Grand View Research has segmented the global wires and cables market on the basis of voltage, installation, end-use, and region:

Wires And Cables Voltage Outlook (Revenue, USD Billion, 2017 - 2028)

  • Low Voltage
  • Medium Voltage
  • High Voltage
  • Extra High Voltage

Wires And Cables Installation Outlook (Revenue, USD Billion, 2017 - 2028)

  • Overhead
  • Underground

Wires And Cables End-use Outlook (Revenue, USD Billion, 2017 - 2028)

  • Aerospace & Defense
  • Building & Construction
  • Oil & Gas
  • Energy & Power
  • IT & Telecommunication
  • Others

Wires And Cables Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Wires And Cables Market

  • Belden Inc.
  • Fujikura Ltd.
  • Furukawa Electric Co., Ltd.
  • Leoni AG
  • LS Cables & System Ltd.
  • Nexans
  • NKT A/S
  • Prysmian SpA
  • Sumitomo 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.

Nucleic Acid Isolation & Purification Market is Estimated to Exhibit a CAGR of 11.4% During The Forecast Period

 

Nucleic Acid Isolation And Purification Market Growth & Trends

The global nucleic acid isolation and purification market size is anticipated to reach USD 9.8 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.4% from 2021 to 2028. The growth can be primarily attributed to the technological advancements in molecular detection platforms. The technologies such as robotic liquid handling in automated DNA extraction systems, have improved the process flow. Such automation has streamlined all the tasks involved in various processes, such as DNA extraction from samples, serial dilution, and picking the desired gene of interest.

The outbreak of SARS-CoV-2 in late 2019 in China quickly translated into a global pandemic, which led to high demand for efficient and affordable diagnostic tests that could be carried out in non-clinical as well as clinical settings. This also led to high demand for nucleic acid extraction kits which in turn has led the key players to increase their manufacturing capabilities. For instance, in March 2020, QIAGEN announced the expansion of its production capacity in the U.S. and Europe to reach 20 million monthly patient tests by the end of 2020.

Moreover, rapid diagnosis, effective treatment options, and future prevention plans are essential in the management of COVID-19. The current race for the development of cost-effective, point-of-contact test kits and efficient laboratory methodologies for the detection of coronavirus infection has driven a new frontier of diagnostic innovation. The increase in adoption of PCR for SARS-CoV-2 detection by a wide range of commercial laboratories drives the market, as nucleic acid isolation and purification is an important step in the PCR workflow. 

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Nucleic Acid Isolation And Purification Market Report Highlights

  • The kits and reagents segment accounted for the largest revenue share in 2020 owing to the rising number of research studies focused on understanding rare and common genome-based diseases  
  • The RNA isolation and purification segment holds the largest revenue share in 2020 due to its increasing use for the analysis of COVID samples
  • The DNA isolation and purification segment is expected to witness the fastest growth rate owing to its use in a variety of molecular biology applications
  • The magnetic beads segment accounted for the largest revenue share in 2020 and is expected to continue the trend owing to the advantage of obtaining the purest possible form of DNA/RNA and excluding other unwanted materials from the sample mixture
  • The diagnostics segment dominated the market and accounted for the largest revenue share in 2020 owing to the high adoption of NAI and P products for detecting and characterizing microorganisms 
  • The pharmaceutical and biotechnology companies are expected to witness the fastest growth owing to their increasing research and development activities for drug development 
  • North America has emerged as the highest revenue-generating region due to intensive research projects in the region for cancer detection and other chronic disorders
  • Companies operating in the market are launching new and automated systems for nucleic acid isolation and purification. For instance, in March 2021, QIAGEN N.V. launched an automated sample processing system the QIAcube Connect MDx for molecular diagnostic laboratories
  • The system helps in the automation of several steps such as lysis, binding, washing, and elution for RNA, DNA, and protein sample processing

Access Press Release of Nucleic Acid Isolation & Purification Market@ https://www.grandviewresearch.com/press-release/global-nucleic-acid-isolation-purification-market

Nucleic Acid Isolation And Purification Market Segmentation

Grand View Research has segmented the global nucleic acid isolation and purification market on the basis of product, type, method, application, end-use, and region:

Nucleic Acid Isolation & Purification Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Kits & Reagents
  • Instruments

Nucleic Acid Isolation & Purification Type Outlook (Revenue, USD Million, 2017 - 2028)

  • DNA Isolation & Purification (I&P)
    • Genomic DNA I&P
    • Plasmid DNA I&P
    • Viral DNA I&P
    • Other
  • RNA Isolation & Purification
    • miRNA Isolation & Purification
    • mRNA Isolation & Purification
    • Total RNA Isolation & Purification
    • Other

Nucleic Acid Isolation & Purification Method Outlook (Revenue, USD Million, 2017 - 2028)

  • Column-based
  • Magnetic Beads
  • Reagent-based
  • Others

Nucleic Acid Isolation & Purification Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Precision Medicine
  • Diagnostics
  • Drug Discovery & Development
  • Agriculture and Animal Research
  • Other Applications

Nucleic Acid Isolation & Purification End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Academic Research Institutes
  • Pharmaceutical & Biotechnology Companies
  • Contract Research Organizations
  • Hospitals and Diagnostic Centers
  • Other End-use

Nucleic Acid Isolation & Purification Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa (MEA)
    • South Africa

List of Key Players of Nucleic Acid Isolation And Purification Market

  • QIAGEN
  • Thermo Fisher Scientific, Inc.
  • Illumina, Inc.  
  • Danaher
  • Hoffmann-La Roche AG
  • Merck KGaA
  • Agilent Technologies
  • Bio-Rad Laboratories, Inc.
  • Takara Bio, Inc.
  • Promega Corporation
  • New England Biolabs
  • LGC Limited
  • Abcam plc
  • Norgen Biotek Corp
  • AutoGen, Inc.
  • Biogenuix
  • PCR Biosystems, Inc.
  • MagGenome
  • Apical Scientific Sdn. Bhd
  • MACHEREY-NAGEL GmbH & Co. KG

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.

Gas Detection Equipment Market Advanced Technologies and Growth Opportunities Worldwide By 2028

 Gas Detection Equipment Market Growth & Trends

The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth.

Many companies are focused on introducing drone-based gas detection equipment, which is expected to create new opportunities for market growth in the coming years. For instance, in February 2019, FLIR Systems, Inc. announced the launch of FLIR MUVE C360, a multi-gas detector built for unmanned aerial systems. FLIR MUVE C360 aims to transform the way emergency teams approach environmental, chemical, and industrial incidents.

IR camera-based gas detectors are gaining traction owing to their capability of detecting combustible gases that are not visible to the human eyes. Uncooled IR cameras are widely in demand by various industries, which has resulted in increased efforts by companies worldwide to address this demand. For instance, in February 2019, FLIR Systems, Inc. announced the launch of FLIR GF77 Gas Find IR, an uncooled thermal camera for detecting methane.

The COVID-19 pandemic is anticipated to favorably impact market growth in the near future. Hospitals have been using gas detection equipment for monitoring oxygen tanks during the pandemic. During the COVID-19 situation, the U.K. government laid down guidelines highlighting the hazards caused by the increased oxygen level due to the high density of ventilators. This initiative is expected to contribute to market growth.

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Gas Detection Equipment Market Report Highlights

  • In terms of product, the fixed gas detector segment is expected to retain its dominance over the forecast period. The ability of fixed gas detectors to ensure workforce safety is driving the segment growth
  • In terms of technology, the infrared gas detection technology segment dominated the market in 2020 and is expected to witness growth over the forecast period. Infrared gas detectors are maintenance-free, which is one of the major factors driving the market growth
  • In terms of end-use, the industrial segment dominated the market in 2020. The increasing demand for detectors in the mining industry is driving the segment growth
  • The increasing adoption of gas detection equipment in emerging economies such as India and China is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period

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

Gas Detection Equipment Market Segmentation

Grand View Research has segmented the global gas detection equipment market on the basis of product, technology, end-use, and region:

Gas Detection Equipment Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Fixed Gas Detector
  • Portable Gas Detector

Gas Detection Equipment Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Semiconductor
  • Infrared (IR)
  • Laser-based Detection
  • Catalytic
  • Photoionization Detector (PID)
  • Others

Gas Detection Equipment End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Medical
  • Building Automation & Domestic Appliances
  • Environmental
  • Petrochemical
  • Automotive
  • Industrial
  • Others

Gas Detection Equipment Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Gas Detection Equipment Market

  • ABB
  • Airtest Technologies, Inc.
  • FLIR Systems, Inc.
  • Fluke Corporation
  • General Electric Company
  • Honeywell International Inc.
  • Lynred
  • Opgal
  • Siemens
  • Thermo Fisher Scientific, 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.

North America Maintenance, Repair & Overhaul Distribution Market Set to Witness an Uptick during 2021 to 2028

 North America MRO Distribution Market Growth & Trends

The North America maintenance, repair & overhaul distribution market size is expected to reach USD 178.85 billion by 2028 registering a CAGR of 2.9%, according to a new report by Grand View Research, Inc. Increasing product penetration in the manufacturing industry on account of standardization of critical services and equipment is expected to drive the market growth. Moreover, increasing product demand from other end-use industries is also likely to support market growth. The periodic maintenance, repair, and overhaul (MRO) activities help reduce overall costs and enhance the productivity of the industrial operations, which is expected to drive their demand.

The MRO distribution or supply chain was traditionally considered an indirect component of the industrial operations. The lack of focus and investments in MRO processes in the past resulted in the slow growth of the industry. However, the recent global pandemic has contributed to raising awareness regarding crisis management of the supply chain in the manufacturing industry, which is expected to benefit the market growth. The value chain of this market includes manufacturers, specialists, generalists, partnerships, integrated supply, and retailers. Manufacturers play a major role across the value chain, by possessing definitive control over the market as they monitor the product pricing. They usually command pricing on a customer-by-customer basis rather than on a distributor-by-distributor basis.

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North America MRO Distribution Market Report Highlights

  • Power transmission-pneumatics are expected to witness the fastest growth from 2021 to 2028 on account of the rising utilization of automated transmission in manufacturing facilities
  • The food, beverage, & tobacco end-use industry accounted for a revenue share of 13.24% in 2020 owing to the increased focus of key companies on improvements in machine capabilities for enhanced food production
  • Minnesota and Missouri were the major contributors to the region’s overall product demand owing to increased investments in the manufacturing and transportation sectors
  • The manufacturing sector in Canada is anticipated to witness the fastest growth as the majority of the manufacturers are planning to invest in new equipment and machinery to gain a competitive advantage
  • Moreover, manufacturers are trying to expand their customer reach through e-commerce platforms to access a wide range of categories, with significant expertise in the industry

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-maintenance-repair-overhaul-mro-distribution-market-analysis

North America MRO Distribution Market Segmentation

Grand View Research has segmented the North America maintenance, repair & overhaul distribution market on the basis of product, end use, and region:

North America MRO Distribution Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Abrasives
  • Chemicals
  • Cutting Tools
  • Fasteners
  • Hand Tools
  • Pipes, Valves & Fitting
  • Power Tools
  • Power Transmission - Hydraulics
  • Power Transmission - Pneumatics
  • Power Transmission - Electrics
  • Rubber Products
  • Seal
  • Welding Equipment & Gases
  • Automation
  • Others

North America MRO Distribution End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Food, Beverage, & Tobacco
  • Textile
  • Wood & Paper
  • Mining, Oil, & Gas
  • Metal Processing & Foundry
  • Rubber, Plastic & Non-Metallic
  • Chemicals
  • Pharmaceuticals
  • Electrical & Electronics
  • Transportation
  • Construction
  • Others

North America MRO Distribution Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
      • New England
      • Mid Atlantic
      • East North Central
      • West North Central
      • South Atlantic
      • East South Central
      • West South Central
      • West Region
    • Canada

List of Key Players of North America MRO Distribution Market

  • Hillman Group, Inc.
  • Wajax Industrial Components
  • FCX Performance
  • SBP Holdings
  • S. Hughes Co., Inc.
  • DGI Supply
  • Lawson Products, Inc.
  • AWC
  • Hisco, Inc.
  • Kimball Midwest
  • Bisco Industries
  • Kaydon Corporation
  • BDI

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.

Air Purifier Market Is Projected To Reach Approximately USD 22.80 Billion By 2028: Grand View Research Inc.

 Air Purifier Market Growth & Trends

The global air purifier market size is expected to reach USD 22.80 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.0% from 2021 to 2028. The market for air purifiers is primarily driven by increasing air pollution levels, coupled with the outbreak of the COVID-19 pandemic and the rising awareness pertaining to the benefits of air purifiers.

Air purifiers assist in eliminating various health hazards caused by poor air quality by removing contaminants, including dust, smoke, and pollen. In addition, these products aid people suffering from asthma, airborne allergies, and other respiratory conditions. Thus, increasing health awareness among consumers is expected to drive the product demand over the forecast period.

Lockdown measures to curb the spread of COVID-19, coupled with the stay-at-home and work-from-home norms, have boosted the demand for air purifiers in residential applications. Furthermore, the demand for air purifiers increased in healthcare and other commercial facilities amidst the pandemic owing to their ability to limit the spread of infectious diseases.

New product developments and technological advancements amid the COVID-19 pandemic are anticipated to augment the market growth. For instance, in September 2020, Aurabeat Technology Limited, a Hong Kong-based company, introduced Aurabeat AG+ Silver Ion Plasma Sterilization Air Purifier, which can eliminate more than 99.9% of COVID-19 within 30 minutes.

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Air Purifier Market Report Highlights

  • The HEPA technology segment accounted for the largest revenue share of 39.9% share in 2020 owing to the high efficiency of HEPA filters in removing airborne particles as compared to other technologies, thereby augmenting its penetration in the market
  • The commercial application segment is expected to expand at the fastest CAGR from 2021 to 2028 on account of the growing demand for air purifiers in hospitals, universities, and government facilities amidst the COVID-19 pandemic
  • In the APAC market, Malaysia is likely to expand at the fastest CAGR of 19.5% over the forecast period on account of worsening air quality due to urbanization and seasonal haze, coupled with the increasing health awareness and a growing emphasis on good indoor air quality
  • In September 2020, MANN+HUMMEL introduced two new high-performance room air purifiers, namely OurAir TK 850, which is suitable for filtering the air in indoor spaces of up to 70 m², and the OurAir SQ 2500, which is ideal for spaces up to 200 m²

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

Air Purifier Market Segmentation

Grand View Research has segmented the global air purifier market on the basis of technology, application, and region:

Air Purifiers Technology Outlook (Revenue, USD Million, 2017 - 2028)

  • High-efficiency Particulate Air (HEPA)
  • Activated Carbon
  • Ionic Filters
  • Others

Air Purifiers Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Commercial
    • Retail Shops
    • Offices
    • Healthcare Facilities
    • Hospitality
    • Schools & Educational Institutions
    • Laboratories
    • Transport
    • Others
  • Residential
  • Industrial

Air Purifiers Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK.
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • Malaysia
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

List of Key Players of Air Purifier Market

  • Honeywell International, Inc.
  • IQAir
  • Koninklijke Philips N.V
  • Unilever PLC
  • Sharp Electronics Corporation
  • Samsung Electronics Co., Ltd.
  • LG Electronics
  • Panasonic Corporation
  • Whirlpool Corporation
  • Dyson
  • Carrier

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.

Food Processing Equipment Market Size Is Anticipated To Reach at $89.31 Billion by 2028

 

Food Processing Equipment Market Growth & Trends

The global food processing equipment market size is expected to reach USD 89.31 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The changing lifestyle of people, increasing inclination toward nutritious food, and awareness about the health benefits of marine products are expected to surge the product demand over the coming years.

Population growth and rising disposable income, along with increasing urbanization, are expected to drive the consumption of processed foods, which, in turn, is expected to benefit the industry growth. Moreover, the governments of Middle Eastern countries are focusing on reducing their reliance on the petroleum sector and promoting investments in industries, such as construction, automotive, and food and beverage.

Farmed fish solutions for the marine industry had provided a convenient solution for the demand-supply imbalance. However, the industry witnessed a price hike for fresh and processed fish. The positive economic condition of the market and potential customers are some of the prominent factors that assure the prominent growth of the market over the forecast period.

Rising population, dietary shifts, and a rise in spending power influence the market growth, which exerts pressure on the industry to fulfill the ever-increasing demand of the world. In addition, the growing need for equipment in the wake of the rising consumption of processed foods in the developing economies in Asia Pacific is expected to drive the industry.

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Food Processing Equipment Market Report Highlights

  • By type, the processing equipment is expected to witness the fastest growth over the forecast period owing to the high demand for processed products and the increasing popularity of healthy and packaged food
  • Based on mode of operation, the automatic processing equipment segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 owing to the high demand for technological development, growing use of automation, and strong research and development capabilities of market players
  • The rise in demand for fast and packaged food is expected to compel manufacturers to expand their production capabilities, which is likely to trigger product demand over the forecast period
  • The market in Brazil is expected to expand at a CAGR of 5.1% from 2021 to 2028 owing to the untapped opportunities and customer base
  • Industry participants are adopting strategies, including distribution network expansion, new product developments, mergers & acquisitions, and partnerships, in order to gain a competitive edge in the industry

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

Food Processing Equipment Market Segmentation

Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region:

Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2017 - 2028)

  • Automatic
  • Semi-automatic

Food Processing Equipment Type Outlook (Revenue, USD Billion, 2017 - 2028)

  • Processing Equipment
  • Pre-processing Equipment

Food Processing Equipment Application Outlook (Revenue, USD Billion, 2017 - 2028)

  • Bakery & Confectionaries
  • Meat, Poultry, & Seafood
  • Beverage
  • Dairy
  • Fruit, Nut, & Vegetable
  • Grains
  • Others

Food Processing Equipment Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Food Processing Equipment Market

  • GEA Group Aktiengesellschaft
  • BAADER Group
  • Bühler AG
  • Marel
  • Alfa Laval
  • Tetra Laval International S.A.
  • Krones AG
  • The Middleby Corporation
  • JBT Corporation
  • SPX Flow 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.

Industrial Pumps Market Predicted to Witness Steady Growth During the Forecast Period

 Industrial Pumps Market Growth & Trends

The global industrial pumps market size is expected to reach USD 81.87 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.9% from 2021 to 2028. Rising product demand from the water and wastewater, oil and gas, and chemical industries on account of the rapid population growth and industrialization across the globe is anticipated to drive the market.

Rapid technological advancements have resulted in augmenting the reliability of the pumps, enhancing basic process tasks, and providing a long-term reduction in everyday operating processes. These rising advancements have also resulted in the reduced energy consumption, enhanced pump performance, and reliability, thereby augmenting the product penetration.

Rising investments by the key pump manufacturers to develop low-cost manufacturing processes and advanced technology that focuses on higher productivity are anticipated to boost market growth over the forecast period. Furthermore, increasing expenditure on the development of infrastructure in various countries is expected to have a positive impact on market growth.

The investments in the chemical industry slowed down in 2020 on account of the containment measures implemented by various governments to limit the spread of COVID-19, coupled with the declining crude oil prices. In addition, the delay in the construction of approved chemical projects caused due to the intensifying COVID-19 situation globally is likely to hamper the market growth.

Request a free sample copy or view report summary: Industrial Pumps Market Report

Industrial Pumps Market Report Highlights

  • The centrifugal pump product segment held the largest revenue share in 2020 owing to its characteristics, including high flow rate deliverability, the capability of raising pressure inside pump casing, and high transmission velocity
  • The water and wastewater application segment accounted for the largest share of 24.7% in 2020 owing to the rising demand for lift and sewage pumps attributed to the expanding industrial platforms and accumulation of wastewater in large volumes
  • Asia Pacific accounted for the largest share of 44.9% in 2020 on account of the increasing investments in manufacturing projects, coupled with the expanding chemical and power generation industry in the region
  • The market in India is expected to expand at a CAGR of 5.1% from 2021 to 2028 owing to the presence of a robust chemical industry, coupled with the rapid growth of the manufacturing sector

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

Industrial Pumps Market Segmentation

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

Industrial Pump Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Centrifugal Pump
    • Axial Flow Pump
    • Radial Flow Pump
    • Mixed Flow Pump
  • Positive Displacement Pump
    • Reciprocating
    • Rotary
    • Others
  • Others

Industrial Pump Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Oil & Gas
  • Chemicals
  • Construction
  • Power
  • Water & Wastewater
  • Others

Industrial Pump Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Industrial Pumps Market

  • Grundfos Pump Corp.
  • Xylem, Inc.
  • Ingersoll-Rand PLC
  • Flowserve Corp.
  • SPX Flow, Inc.
  • KSB SE & Co. KGaA
  • Sulzer Ltd.
  • Pentair PLC

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.

Thursday, 8 April 2021

Virtual Fitting Room Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 Virtual Fitting Room Market Growth & Trends

The global virtual fitting room market size is expected to reach USD 15.43 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 25.2% from 2021 to 2028. The prevalence of high-tech simulations to mimic face-to-face buying behavior with the help of advanced 3D technologies is expected to drive the market. Furthermore, the intervention of digital transformation technologies, such as Augmented Reality (AR) and Artificial Intelligence (AI), is projected to create enormous opportunities for virtual fitting rooms over the forecast period.

The virtual try-on technology is significantly beneficial for retailers and is gaining popularity amongst consumers in recent times. Online merchandising witnesses a large number of returns/exchanges majorly because of the customer’s dissatisfaction regarding inappropriate fits and sizes. The virtual fitting room technology has been efficiently assisting consumers in trying and rejecting the products before placing an order, thereby converting one-time buyers into repeat customers.

Furthermore, companies are coming up with upgrades that can provide tactile, fabric, or texture sense for consumers purchasing via e-commerce websites to reduce return rates and build brand loyalty. The customer data collected through an interactive mirror is used to understand customer preferences and improvise strategies aimed at boosting sales. This is a breakthrough in the retail industry to leverage purchase data for designing future business strategies.

The COVID-19 pandemic has compelled governments worldwide to enforce regulations for temporarily closing brick and mortar stores, which indirectly boosted sales on e-commerce websites. With retail sales observing a dip in the past few months, buyers have now swiftly shifted to e-commerce websites. This creates significant opportunities for virtual fitting room solution providers to capture a more extensive customer base.

Request a free sample copy or view report summary: Virtual Fitting Room Market Report

Virtual Fitting Room Market Report Highlights

  • The apparel application segment accounted for the largest share of close to 40.0% in 2020. The development of customized applications to recommend appropriate size and texture of clothes as per the body structure of customers has contributed to the growth of this segment
  • By component, the software segment is expected to witness the fastest growth over the forecast period. This can be attributed to technological breakthroughs in software solutions, such as precise data annotations, 360-degree visualizations, and 3D simulation
  • In terms of end-use, the virtual store segment is likely to register the highest CAGR from 2021 to 2028. The shift in shopping trends from physical stores to online websites is anticipated to majorly contribute to the segment growth

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

Virtual Fitting Room Market Segmentation

Grand View Research has segmented the global virtual fitting room market on the basis of component, application, end-use, and region:

Virtual Fitting Room Component Outlook (Revenue, USD Billion, 2016 - 2028)

  • Hardware
  • Software
    • On-premise
    • Cloud
  • Services
    • Installation
    • Support & Maintenance
    • Consulting

Virtual Fitting Room Application Outlook (Revenue, USD Billion, 2016 - 2028)

  • Apparel
  • Beauty and Cosmetic
  • Eyewear
  • Footwear
  • Others

Virtual Fitting Room End-use Outlook (Revenue, USD Billion, 2016 - 2028)

  • Physical Store
  • Virtual Store

Virtual Fitting Room Regional Outlook (Revenue, USD Billion, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Australia
    • Japan
    • South Korea
  • Latin America
  • Middle East & Africa

List of Key Players of Virtual Fitting Room Market

  • AstraFit
  • Else Corp Srl
  • Fision AG
  • Fit Analytics
  • FXGear Inc.
  • Magic Mirror
  • MemoMi Labs Inc.
  • Metail
  • Perfitly

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.

U.S. Home And Garden Fungicides Market Forecasted to Grow at Steady Pace During 2021-2028: Grand View Research Inc.

 U.S. Home And Garden Fungicides Market Growth & Trends

The U.S. home and garden fungicides market size is expected to reach USD 547.7 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.0% from 2021 to 2028. The market is expected to flourish over the years owing to the growing inclination of the end users toward landscaping. The increasing demand for home and garden fungicides, such as captan, folpet, dithiocarbamate, pentachlorophenol, and mercurial, is boosting the growth of the overall market.

Gardening as a hobby is particularly popular among Americans, with a record number of youngsters taking up gardening as a hobby. According to the National Gardening Survey 2018 conducted by the American Horticultural Society (AHS), an average household spent around USD 503 on lawn and garden products as well as services, which was an increase of about USD 100 as compared to 2017. Additionally, an increase in the number of garden centers and retail nurseries is one of the key factors expected to drive the market during the forecast period.

Current trends including organic gardening, kitchen gardening, urban farming, and small-space gardening are supporting the growth of the market. Garden owners frequently take up gardening as a hobby and their focus on developing various skills drives the demand for the requisite tools and consumables. Additionally, homeowners have started to use vacant areas for gardening to improve their physical and mental wellness.

Despite the positive outlook, in recent years, numerous products have been developed with wide-ranging effects owing to the rapidly developing technologies. Fungicides are one such class of chemical substances. Fungicides have been a crucial part of gardening and agriculture as they safeguard crops from fungal infestations and prevent yield reduction. Regardless of their usefulness, fungicides could cause potential risks to food safety, the environment, and all living things.

Technological advancements are changing the adoption and acceptance of home and garden fungicides and this factor is expected to have a profound implication on the future of the market. Relatively low-cost and eco-friendly products are projected to offer immense growth opportunities to the market in the near future. For instance, organic fungicides are proving a safer alternative to synthetic fungicides in certain cases, which widens the scope of the market.                

Request a free sample copy or view report summary: U.S. Home And Garden Fungicides Market Report

U.S. Home And Garden Fungicides Market Report Highlights

  • In terms of product, the organic segment is projected to expand at the fastest CAGR of 6.7% from 2021 to 2028. This is attributed to the growing awareness among consumers about the benefits of adopting organic fungicides
  • Based on form, the liquid segment dominated the market with a share of around 60.0% in 2020. This is attributed to the prominent penetration rate of liquid fungicides
  • By application, the turf and ornamentals segment accounted for the largest share of over 66.0% in 2020 and is foreseen to remain at the forefront in the coming years

Access Press Release@ https://www.grandviewresearch.com/press-release/us-home-garden-fungicides-market-analysis

U.S. Home And Garden Fungicides Market Segmentation

Grand View Research has segmented the U.S. home and garden fungicides market on the basis of product, form, and application:

U.S. Home & Garden Fungicides Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Organic
  • Inorganic

U.S. Home & Garden Fungicides Form Outlook (Revenue, USD Million, 2016 - 2028)

  • Dry
  • Liquid

U.S. Home & Garden Fungicides Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Home Garden
  • Turf & Ornamentals
    • Golf Course
    • Lawn & Landscape
    • Ornamentals

List of Key Players of U.S. Home And Garden Fungicides Market

  • Bayer AG
  • Syngenta AG
  • BASF SE
  • Nufarm
  • Corteva Agriscience
  • Spectrum Brands Holdings, Inc.
  • Certis USA L.L.C.
  • Central Garden & Pet Company
  • The ScottsMiracle-Gro Company

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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...