U.S. Range Cooker Market Expected To Propel Industry Growth By 2028: Grand View Research Inc.

 U.S. Range Cooker Market Growth & Trends

The U.S. range cooker market size is anticipated to reach USD 2.66 billion by 2028, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The deployment of stylish and functional appliances in kitchens with multi-functionality features is an ongoing trend in the residential sector. This, combined with the trend of remodeling homes to build and accommodate modular kitchens, is resulting in fast-paced product adoption in the country. 

Consumers’ focus on attracting a higher resale value from remodeling projects has also driven the prominence of range cookers in homes. For instance, minor kitchen remodeling can lead to an average of 81.1% of the reoccupied cost, whereas major kitchen remodeling can lead to a 59.0% return on the cost. Thus, consumers are loosening their purse strings and building high-end kitchens for their homes by installing advanced cooking appliances.

The growing trend of food away from home is resulting in the increasing number of restaurants, hotels, resorts, food stations, and other commercial eateries across the country. Consumers seek quality and tasty food with minimum waiting time, compelling owners of food joints to invest in modern and integrated cooking appliances. These outlets need high-capacity and efficient kitchen appliances to be able to serve large masses in a short time while also focusing on the quality of the food they serve. Range cookers are ideal for such commercial applications. Thus, product adoption in restaurants and eateries is projected to grow in the coming years.

Request a free sample copy or view report summary: U.S. Range Cooker Market Report

U.S. Range Cooker Market Report Highlights

• The rising demand for products designed for specific set-ups and purposes will drive the market in the coming years
• Since these appliances are bigger, they offer more settings, functions, and cooking options
• Many even feature a separate grill so consumers can grill and roast food at the same time
• Above USD 5000 price range dominated the market in 2020 with a revenue share of over 48%
• The 30” size segment is projected to register the fastest CAGR of more than 8% from 2021 to 2028
• The residential application segment is projected to account for the highest revenue share by 2028 registering the fastest CAGR of 7.9% over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/us-range-cooker-market-analysis

U.S. Range Cooker Market Segmentation

Grand View Research has segmented the U.S. range cooker market on the basis of size, price range, application, and distribution channel:

U.S. Range Cooker Size Outlook (Revenue, USD Million, 2016 - 2028)

• 20”
• 24”
• 30”
• Above 30”

U.S. Range Cooker Price Range Outlook (Revenue, USD Million, 2016 - 2028)

• USD 1,000 & Below
• USD 1,001 - USD 3,000
• USD 3,001 - USD 5,000
• Above USD 5,000

U.S. Range Cooker Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

U.S. Range Cooker Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

List of Key Players of U.S. Range Cooker Market

• Amana
• GE Appliances
• Samsung
• Premier
• Monogram
• LG KitchenAid
• Frigidaire
• Viking
• Thermador
• Dacor
• Whirlpool

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.

Menopause Market will be Worth USD 22.7 Billion by 2028: Grand View Research Inc.

 Menopause Market Growth & Trends

The global menopause market size is expected to reach USD 22.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2021 to 2028. Increasing awareness regarding menopause-associated health aspects, high prevalence of menopausal symptoms, and high adoption of women’s health apps are expected to boost market growth during the forecast period. Key players in the region are conducting campaigns to create awareness about menopause and the role of dietary supplements in easing the transition through it. In September 2019, EQUELLE partnered with actress Kate Walsh for its campaign Live Hot, Stay Cool. The campaign included sharing of menopause-related experiences and tips by Kate with other women and the role that EQUELLE, a dietary supplement, played during the transition.

There are various dietary supplements available in the market containing ingredients such as soy isoflavones, black cohosh, red clover, and amberen. Manufacturers are involved in the launch of new products for managing menopause symptoms. For instance, in September 2020, Health and Her Ltd. launched a range of supplements for managing the symptoms of menopause, such as vitamins C and B12, zinc, minerals, and herbs. Such strategies can help meet the increasing demand for dietary supplements in the market.

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

Menopause Market Report Highlights

• The dietary supplements segment dominated the market in terms of revenue share in 2020 and is expected to witness the fastest growth over the forecast period. The factors contributing to segment growth are a large number of women entering menopause every year and the launch of innovative products. Cambridge Diagnostic Imaging (CaDi), a provider of nutraceutical products for health support, announced the launch of Lycovary Daily in December 2020. The product is a food supplement developed by a biotech company, Lycotec, designed for ovarian health
• The OTC pharma products segment is divided into hormonal and non-hormonal products. Over-the-Counter (OTC) hormone preparations are becoming more common for use by women undergoing menopause. Some of the major products in the segment include Dehydroepiandrosterone (DHEA), ibuprofen, topical progesterone, and melatonin
• North America held the largest revenue share in the market in 2020 due to factors such as the growing prevalence of menopausal symptoms. Moreover, an increase in awareness about dietary requirements is leading to a greater demand for them among older women
• In Latin America, the market is expected to register the fastest growth rate over the forecast period owing to factors such as rising awareness about women’s health and growing adoption of dietary supplements for menopause
• The industry is also witnessing mergers, acquisitions, and product launches. For instance, in December 2017, Nestlé Health Science announced the acquisition of Atrium Innovations for USD 2.3 Million. This was anticipated to help Nestlé expand into the nutrition market

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

Menopause Market Segmentation

Grand View Research has segmented the global menopause market on the basis of treatment and region:

Menopause Treatment Outlook (Revenue, USD Million, 2016 - 2028)

• Dietary Supplements
• OTC Pharma Products
  • Hormonal products
  • Non-hormonal products

Menopause Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Spain
  • France
  • Italy
  • Austria
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Menopause Market

• Bayer AG
• Theramex
• Teva Pharmaceutical Industries Ltd.
• AbbVie, Inc.
• Abbott
• Pure Encapsulations, LLC.
• Reddy’s Laboratories Ltd.

About Grand View Research

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

U.S. Veterinarians Market to Observe Strong Development by 2028: Grand View Research Inc.

 U.S. Veterinarians Market Growth & Trends

The U.S. veterinarians market size is expected to reach USD 19.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2021 to 2028. Growing cases of zoonotic and chronic diseases, increasing animal health expenditure, and growing awareness amongst end-users are the key factors driving the market. The American Veterinary Medical Association endorses the Compendium of Veterinary Standard Precautions for Zoonotic Disease Prevention in Veterinary Personnel.

As many people spending far more time in the household during the Covid-19 pandemic, the animal shelters across the country witnessed increased pet adoptions. Pet owners are paying more attention to their companions’ health and wellness. As a result of this, the market registered positive growth during the coronavirus crisis.

With the growing number of pet parents in the U.S., animal health awareness is rising amongst people. In the U.S., there are various pet health awareness events are conducted such as National Pet Week. Increasing awareness about veterinary healthcare and the implementation of strict regulations to prevent animal diseases are likely to be the key factors driving the market.

Request a free sample copy or view report summary: U.S. Veterinarians Market Report

U.S. Veterinarians Market Report Highlights

• Factors such as increasing consumption of meats, growing pet adoption rate, and mandatory vaccination are expected to boost demand for veterinary medicine and expertise, which, in turn, will fuel the demand for veterinarians
• Moreover, rising incidence of cancer, especially in canines, is expected to provide a growth platform for the market. As mentioned in the Veterinary Cancer Society press release, cancer is the leading cause of death in companions registered 32.0% and 47.0% of deaths in cats and dogs respectively
• The private segment emerged as the largest revenue-generating segment of the market in 2020. Increased private practitioner across the country due to high compensation rate as compared to public practices or academic profession is a key contributor for the segment dominance throughout the forecast period
• The companion animal exclusive practice amongst the private sector dominated the market in 2020. There is an exponential increase in companion animal adoption as people are spending more time at home and alone during the COVID-19 pandemic. Increasing spending on pet ranging from food to veterinary care along with surging adoption is expected to positively influence market growth

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

U.S. Veterinarians Market Segmentation

Grand View Research has segmented the U.S. veterinarians market on the basis of sector:

U.S. Veterinarians Sector Outlook (Revenue, USD Billion, 2016 - 2028)

• Public
• Private
  • Food animal exclusive
  • Food animal predominant
  • Mixed animal
  • Companion animal predominant
  • Companion animal exclusive
  • Equine
  • Others
• Academics
• Others (Non-profit organizations)

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.

B2B Sports Nutrition Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 B2B Sports Nutrition Market Growth & Trends 

The global B2B sports nutrition market size is expected to reach USD 5.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.8% from 2021 to 2028. Consumers are proactively participating in sporting and fitness activities as there has been a rise in the inclination to pursue a healthy and physically fit lifestyle amongst them. The surge in the number of gyms and fitness centers globally is supporting fitness goals of their members. The rising awareness of the importance of nutrition-based products is a key factor driving the market. Moreover, the fitness centers and gyms endorse sports nutrition products, thereby propelling market growth. Advancements in online business platforms are enhancing the accessibility and availability of products, globally.

Globalization has led to rapid change the lifestyle patterns, which has changed dietary habits. This, in turn, has led to nourishment deficiencies and an increased prevalence of chronic diseases like diabetes, cancer, cardiovascular ailments, and obesity. Rising health awareness and shift in mentality from curative care to preventive care amongst consumers are boosting demand for sports supplements and products. Consumers are focusing on self-care and are meticulously tracking their nutrition and health status. Globally, people are getting concerned about their personal health and are readily adopting an active lifestyle. As per the International Health, Racquet, and Sportsclub Association estimates, the number of health club members witnessed an incremental growth from 58.0 million in 2010 to 73.6 million in 2019.

Lastly, key players are increasingly investing in the development of new innovative products to upgrade their product portfolios. Companies are catering to the rising demand for organic and plant-based nutritional products, which is eventually contributing to development. For instance, Clif Bar and Company in February 2021 launched their Luna bars product portfolio with probiotics to promote digestive health and to serve as a healthy meal replacement option. Similarly, in July 2019 Herbalife Nutrition launched Herbalife 24- BCAAs to provide quick recovery and to enhance performance.

Request a free sample copy or view report summary: B2B Sports Nutrition Market Report

B2B Sports Nutrition Market Report Highlights

• The market is expected to witness significant growth over the forecast period, owing to increasing inclination towards healthier lifestyles, rising number of fitness and health centers, and increasing healthcare expenditure
• The recovery segment dominated the market in 2020 owing to increasing health consciousness and consumption of sports nutrition products for muscle growth and recovery
• The gyms segment dominated the market in 2020 owing to the surge in the number of gyms and fitness centers worldwide
• North America dominated the market in 2020 owing to increased disposable income, rising number of gyms, and the presence of major key players

Access Press Release@ https://www.grandviewresearch.com/press-release/global-business-to-business-sports-nutrition-market

B2B Sports Nutrition Market Segmentation

Grand View Research, Inc. has segmented the global B2B sports nutrition market on the basis of application, distribution channel, and region:

Business-to-Business Sports Nutrition Application Outlook (Revenue, USD Million, 2016 - 2028)

• Endurance
• Strength Training
• Muscle Growth
• Recovery
• Energy
• Weight Management
• Immunity Enhancement
• Cognitive Repairment

Business-to-Business Sports Nutrition Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Gyms
• Fitness Studio
• Sports Academies

Business-to-Business Sports Nutrition Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • France
  • Germany
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
• Latin America
  • Mexico
  • Brazil
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Business-to-Business (B2B) Sports Nutrition Market

• Glanbia Plc.
• Abbott
• PepsiCo
• General Nutrition Centers, Inc.
• The Bountiful Company
• Clif Bar & Company
• Science in Sport
• The Hut Group
• Cardiff B2B Sports Nutrition Limited
• Iovate Health Sciences
• MUSCLEPHARM
• Post Holdings, Inc.
• Herbalife International of America, 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.

Drug Testing Market Pegged For Strong Growth During 2021-2028: Grand View Research Inc.

 Drug Testing Market Growth & Trends

The global drug testing market size is expected to reach USD 11.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2021 to 2028. The introduction of innovative tests, stringent regulation mandating drug testing, and growing substance abuse & addiction are some of the factors anticipated to foster market growth during the forecast period. 

Drug abuse and addiction is a global problem, affecting millions of people. As per the World Drug Report published by UNODC, in 2019, around 35.0 million people were suffering from drug use disorders globally. Such a high rate of drug abuse and substance use disorders has created a major demand for innovative tests to prevent, treat, and manage such cases. Several key players operating in this space are introducing innovative and efficient products to meet this growing demand.

For instance, in June 2019, Quidel Corporation received the U.S. FDA’s 510(k) clearance to market its fluorescence immunoassay—Quidel Triage TOX Drug Screen, 94600. This is intended for detecting the presence of metabolites or drugs in urine. Moreover, in June 2020, Cordant Health Solutions offered video-observed oral fluid drug testing to help courts & government agencies to monitor participants during the COVID-19 pandemic. This aided in combating several challenges faced by people with substance abuse disorders during the pandemic.

Continuous government initiatives and implementation of strict substance abuse testing regulations to ensure safety have derived the demand for its testing products. In July 2020, the New Zealand government introduced a new bill that provides police the power to conduct random roadside drug testing of drivers to reduce impaired driving in the country. The new bill allows usage of oral fluid tests to check drivers for substances such as cocaine, ecstasy, cannabis, opiates, methamphetamine, and benzodiazepines. Also, in February 2020, the Directorate General of Civil Aviation in India introduced extensive tests for pilots and flight crew members for psychoactive substances such as opioids & cannabis to ensure safe air travel.

Request a free sample copy or view report summary: Drug Testing Market Report

Drug Testing Market Report Highlights

• By product type, the consumables segment dominated the market in 2020, owing to its repetitive use to conduct substance abuse screening
• Based on sample type, the urine samples segment accounted for the largest revenue share in 2020, as it is the most common method of sample collection
• Increased unemployment and economic crisis due to the Covid-19 pandemic has made people more susceptible to substance abuse, thus created lucrative opportunities in the market
• The legalization of marijuana for medicinal as well as recreational use in several countries is anticipated to change the current scenario and may create demand for innovative testing solutions
• Stringent privacy rights in some countries are likely to limit substance abuse testing at workplaces, impeding market growth
• In Asia Pacific, the market is expected to witness lucrative growth over the forecast period as a result of the growing demand for substance abuse testing from emerging economies, such as China and India

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

Drug Testing Market Segmentation

Grand View Research has segmented the global drug testing market on the basis of product type, sample type, drug type, end use, and region:

Drug Testing Product Type Outlook (Revenue, USD Million, 2016 - 2028)

• Consumables
• Instruments
• Rapid Testing Devices
• Services

Drug Testing Sample Type Outlook (Revenue, USD Million, 2016 - 2028)

• Urine Samples
• Oral Fluid Samples
• Hair Samples
• Other Samples

Drug Testing Drug Type Outlook (Revenue, USD Million, 2016 - 2028)

• Alcohol
• Cannabis/Marijuana
• Cocaine
• Opioids
• Amphetamine & Methamphetamine
• LSD
• Others

Drug Testing End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Drug Testing Laboratories
• Workplaces
• Hospitals
• Others

Drug Testing Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • Spain
  • France
  • Italy
• Asia Pacific
  • Japan
  • China
  • India
• Latin America
  • Brazil
  • Mexico
  • Chile
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Drug Testing Market

• Quest Diagnostics Incorporated
• Abbott Laboratories
• Quidel Corporation
• Hoffmann-La Roche
• Thermo Fisher Scientific, Inc.
• Siemens Healthineers
• Bio-Rad Laboratories, Inc.
• Agilent Technologies, Inc.
• LabCorp
• Drägerwerk AG & CO. KGaA
• Clinical Reference Laboratory (CRL), Inc.
• Cordant Health Solutions
• Legacy Medical Services, LLC
• Omega Laboratories, 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.

Location-based Entertainment Market Top Players, Segments, Cost Structure, Demand, Sales | 2028 Forecast

 Location-based Entertainment Market Growth & Trends

The global location-based entertainment market size is anticipated to reach USD 30.29 billion by 2028, registering an estimated CAGR of 34.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The introduction of Virtual Reality (VR) in the gaming industry has added a new dimension by offering a simulated realm for gamers looking forward to an immersive and real-like experience. As such, several video game developers are entering into mergers and acquisitions with VR and Location-based Entertainment (LBE) technology providers to increase their respective market shares. For instance, in February 2021, Vertigo Games, a VR publisher and game developer, acquired Springboard VR, a VR venue management software and content marketplace provider for LBE. The acquisition was aimed at offering operators access to VR content through Vertigo Games' Haze VR distribution platform and providing both game studios and operators with new tools and technology to expand their LBE business.

LBE services are offered in arcades, amusement parks, and VR cafes, among other entertainment services. The integration of Augmented Reality (AR), VR, 3D animation, and other immersive technologies with LBE is driving the growth of the market for location-based entertainment. LBE operators are concentrating on expanding their global footprint and gaining a competitive advantage over their rivals. For instance, in September 2020, Koch Media GmbH, a video game company, acquired Vertigo Games to strengthen its global reach and network while opening new publishing opportunities for itself and for Vertigo Games and its subsidiaries.

Request a free sample copy or view report summary: Location-based Entertainment Market Report

Location-based Entertainment Market Report Highlights

• The hardware segment accounted for over 65.0% of the total revenue share in 2020 owing to the increased spending on VR headsets that can deliver high-end immersive experiences to consumers
• The arcade studios segment is expected to witness the fastest growth from 2021 to 2028
• The 3D segment accounted for the largest revenue share in 2020 and is expected to continue dominating the market over the forecast period owing to the continued advances in 3D technology extended reality, which is substantially deployed at LBE sites
• The Asia Pacific regional market is anticipated to register the highest CAGR of around 40.0% from 2021 to 2028

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

Location-based Entertainment Market Segmentation

Grand View Research has segmented the global location-based entertainment market based on component, end use, technology, and region:

Location-based Entertainment Component Outlook (Revenue, USD Million, 2016 - 2028)

• Hardware
• Software

Location-based Entertainment End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Amusement Parks
• Arcade Studios
• 4D Films

Location-based Entertainment Technology Outlook (Revenue, USD Million, 2016 - 2028)

• 2 Dimensional (2D)
• 3 Dimensional (3D)
• Cloud Merged Reality (CMR)

Location-based Entertainment Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Location-based Entertainment Market

• HTC Corporation
• IMAX Corporation
• Google LLC
• Microsoft Corporation
• Samsung Electronics Co., Ltd.
• Springboard VR

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.

Transportation Management Systems Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2028

 Transportation Management Systems Market Growth & Trends

The global transportation management systems market size is expected to reach USD 261.89 billion by 2028, registering a CAGR of 11.7% over the forecast period, according to a new report by Grand View Research, Inc. The unabated growth of the e-commerce and retail industries and the strong emphasis on automating supply chain & logistics processes using the latest technologies are expected to drive the demand for Transportation Management System (TMS) over the forecast period.

The logistics industry has been evolving in line with the advances in technology. The latest technologies, such as Artificial Intelligence (AI), blockchain, the Internet of Things (IoT), and big data, are rapidly transforming the way transportation systems are designed and implemented. Logistics and transportation activities involve a significant exchange of information between all the stakeholders, especially the customers and service providers. At this juncture, efficient TMS facilitates the rapid exchange of information. They also enhance visibility and control over the shipments and subsequently efficiency and customer satisfaction.

The demand for Software-as-a-Service (SaaS)-based TMS is growing owing to the cost-effectiveness and flexibility associated with the SaaS delivery model. Cloud-based services account for a significant share of the global market. Given the increasing demand for customized solutions, vendors are competing aggressively to offer advanced, on-demand software.

Transportation management systems help in accelerating the order-to-delivery cycle times, reducing inventory management costs, ensuring compliance, reducing freight costs, and cutting the time spent on maintaining customs documentation. The higher ROI offered by TMS is particularly serving as a primary driver for the market growth.

Request a free sample copy or view report summary: Transportation Management Systems Market Report

Transportation Management Systems Market Report Highlights

• The cloud segment is anticipated to register a significant growth rate over the forecast period due to the continued digitalization and growth of the e-commerce industry in emerging economies
• The airways segment is expected to register a considerable growth rate over the forecast period
• The growing demand for fast-paced delivery of products from the incumbents of the retail, e-commerce, healthcare, and logistics industries is expected to encourage the deployment of TMS for air transportation
• The government organizations segment is anticipated to register a moderate growth rate over the forecast period owing to the rising demand for traffic management solutions, including automatic number plate recognition, signaling, information management, and parking management among others
• North America accounted for the largest revenue share in 2020. Increased import and export activities across the U.S. and Canada boost the demand for TMS for real-time tracking of products across the region

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

Transportation Management Systems Market Segmentation

Grand View Research has segmented the global transportation management systems market on the basis of deployment, mode of transportation, end-use, and region:

Transportation Management Systems Deployment Outlook (Revenue, USD Billion, 2016 - 2028)

• On-premise
• Cloud

Transportation Management Systems Mode of Transportation Outlook (Revenue, USD Billion, 2016 - 2028)

• Roadways
• Railways
• Waterways
• Airways

Transportation Management Systems End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• Retail & E-commerce
• Manufacturing
• Logistics
• Government Organizations
• Others

Transportation Management Systems Regional Outlook (Revenue, USD Billion, 2016 - 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 Transportation Management Systems (TMS) Market

• 3GTMS
• BluJay Solutions Ltd.
• Cerasis, Inc.
• H. Robinson Worldwide, Inc.
• The Descartes Systems Group, Inc.
• Infor, Inc.
• International Business Machines Corp.
• JDA Software Group, Inc.
• Manhattan Associates
• MercuryGate International, Inc.
• Oracle Corp.
• SAP SE
• Trimble Transportation Enterprise Solutions, 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.

Smart Parking Systems Market Size Is Predicted To Reach A Valuation Of USD 19.3 Billion By 2028: Grand View Research Inc.

 Smart Parking Systems Market Growth & Trends

The global smart parking systems market size is expected to reach USD 19.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 21.5% from 2021 to 2028. This growth is attributed to increasing number of automobiles on roads and the subsequent rise in traffic congestions.

However, the COVID-19 pandemic has considerably slowed down the market due to the varying levels of lockdowns implemented across several countries globally. The impact of this slowdown is expected to be experienced in the short term. As the world re-opens, Smart Parking Systems (SPSs) are expected to regain demand due to the potential rise in the use of private transportation and its impact on the demand for space management. The steadily widening consumer base of autonomous vehicles is also expected to drive the demand for facilities to park as self-driven cars require robotically automated spaces to park. Moreover, the exponential rise in the number of smartphone users globally is enabling an increasing number of users to park, pay, and book slots in advance through mobile apps.

Favorable regulations, government policies, and investments are encouraging the implementation of SPSs for a seamless and user-friendly experience for both drivers and operators. Furthermore, the addition of sophisticated features, such as auto-payment options and voice guidance enabled through smartphone apps, is also projected to drive the demand for innovative solutions. Several parking lots are incorporating Automatic Number Plate Recognition (ANPR) systems to operate vehicles and access control systems efficiently.

The increasing availability of integrated automated solutions, advancements in wireless technologies, and developments in payment methodologies are estimated to drive the market. Moreover, SPSs aid in increasing mobility in cities and offer a dependable revenue model. These systems use data analytics, wireless communication technology, and sensors to address parking issues in cities and metros. These solutions can be used to locate available spaces to park vehicles with the help of sensors and mobile applications, thereby saving customers’ time and minimizing the wastage of fuel spent on the lookout for available spaces to park.

Request a free sample copy or view report summary: Smart Parking Systems Market Report

Smart Parking Systems Market Report Highlights

• In terms of hardware, the signage segment is anticipated to post a CAGR of 18.8% over the forecast period. Signage helps users identify routes, provide directions, and avoid ambiguity in rules and regulations related to driving and traffic. This offers high comfort to the driver while driving and serves as a positive pointer for market growth
• In terms of software, the parking guidance system segment is poised to exhibit a CAGR of 19.8% during the forecast period. The promising growth prospects of the segment can be attributed to benefits offered by these systems such as the analysis of customer behavior and usage patterns
• In terms of type, the off-street segment is poised to exhibit the highest CAGR of 20.2% during the forecast period. This can be ascribed to the increasing number of companies providing applications for using spaces to park in off-street locations such as garages and lots
• In terms of application, the government segment is poised to exhibit a CAGR of 21.5% during the forecast period. The focus of several governments globally on implementing smart city development projects is anticipated to strengthen the growth of the government application segment over the forecast period. Numerous SPSs that have been rolled out in city projects offer functions such as online reservation of parking spots and mobile payment
• In terms of service, the mobile app parking service segment is estimated to account for a CAGR of 23.8% during the forecast period. The segment is expected to benefit from the large-scale adoption of smartphones and apps supporting advanced parking. These applications are enabling easy reservation of slots and mobile-enabled payments
• In Asia Pacific, the market is anticipated to witness the highest CAGR of 21.4% over the forecast period. The increasing focus of governments across Asia Pacific on improving parking management and reducing traffic congestion and air pollution is expected to fuel market growth in the region

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

Smart Parking Systems Market Segmentation

Grand View Research has segmented the global smart parking system market based on hardware, software, service, type, application, and region:

Smart Parking System Hardware Outlook (Revenue, USD Million, 2016 - 2028)

• Pucks (Wireless Sensors)
• Cameras & LPRs
• Smart Meters
• Signage
• Parking Gates

Smart Parking System Software Outlook (Revenue, USD Million, 2016 - 2028)

• Parking Guidance System
• Analytics Solutions

Smart Parking System Service Outlook (Revenue, USD Million, 2016 - 2028)

• Consulting Service
• Engineering Service
• Mobile App Parking Service

Smart Parking System Type Outlook (Revenue, USD Million, 2016 - 2028)

• On-street
• Off-street
  • Garage Parking
  • Lot Parking

Smart Parking System Application Outlook (Revenue, USD Million, 2016 - 2028)

• Commercial
• Government
• Transport Transit

Smart Parking System Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • Thailand
  • Philippines
  • Hong Kong
  • Vietnam
  • Indonesia
• Latin America
  • Brazil
• Middle East & Africa

List of Players of Smart Parking Systems Market

• Altiux Innovations
• Amano McGann, Inc.
• Amco S.A.
• BMW AG (ParkNow GmbH, Parkmobile, LLC)
• Cisco Systems, Inc.
• CivicSmart, Inc.
• Deteq Solutions
• Flowbird
• gtechna
• INDECT Electronics & Distribution GmbH
• Kapsch TrafficCom
• Libelium Comunicaciones Distribuidas S.L.
• Meter Feeder, Inc.
• Mindteck
• Municipal Parking Services, Inc.
• Nedap N.V.
• Park Assist
• ParkHelp Technologies
• ParkJockey
• ParkMe Inc.
• Robert Bosch GmbH
• Siemens AG
• SKIDATA AG
• Smart Parking Ltd.
• SpotHero, Inc.
• Swarco AG
• Urbiotica, S.L.

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.

Vacuum Cleaner Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Vacuum Cleaner Market Growth & Trends

The global vacuum cleaner market size is expected to reach USD 20.66 billion by 2028, registering a CAGR of 9.6% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing per capita income in developing countries is one of the key factors leading to the increased consumer demand for advanced vacuum cleaners. Moreover, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of safety in private and public spaces. This is estimated to drive market growth over the next few years.

The COVID-19 lockdowns and related travel restrictions have restricted access to housekeeping services. The increased struggle to manage all household chores while maintaining high cleanliness and hygiene standards is driving the demand for household appliances such as vacuum cleaners. To put this into perspective, Panasonic India has seen a growth of 20% in the sales of vacuum cleaners compared to pre-COVID times. Eureka Forbes Ltd. also witnessed strong demand for vacuum cleaners amidst the pandemic in India.

Government initiatives such as ‘Swachh Bharat Mission’ and 100% FDI in India have further fueled the growth of the regional market. Automatic vacuum cleaners and sweepers play a key role in maintaining public health in commercial places. Several state governments in India have adopted road sweeping machines that work like vacuum cleaners to clean the roads. In 2019, Anker Innovations, a Chinese electronics company, entered the Indian market under the FDI scheme with its Eufy range of robot vacuum cleaners and experienced positive growth in 2020.

The market growth is influenced by strong and well-established distribution channels and diversification of manufacturing and supply chain capabilities. For instance, in January 2020, iRobot Corporation expanded its manufacturing facilities in Malaysia to serve the growing demand for household vacuum cleaners in developing countries. In 2018, Snow Joe, LLC leased a Class A distribution center in New Jersey to expand its regional footprint and cater to the demand in the state. The online distribution channel has also gained momentum in recent years and companies are emphasizing the direct-to-consumer sales channel. In 2020, Nilfisk Group launched an e-commerce platform to provide a seamless and improved digital customer experience to its customers. iRobot Corp. is also investing a significant amount in strengthening its direct-to-consumer sales channel infrastructure.

Request a free sample copy or view report summary: Vacuum Cleaner Market Report

Vacuum Cleaner Market Report Highlights

• The use of intelligent technologies such as Artificial Intelligence (AI) to develop autonomous cleaning solutions is expected to emerge as a major trend aiding the market growth
• The robotic vacuum cleaner segment is expected to witness the fastest CAGR over the forecast period. The growth can be attributed to the advanced features offered by robotic cleaners that require minimum human intervention
• In terms of distribution channels, the online segment is anticipated to register a CAGR of over 9% from 2021 to 2028. This growth can be attributed to the enormous developments in digitalization and e-commerce platforms globally
• The introduction of advanced technologies in robotic cleaners, such as automatic charging systems and voice assistance systems, is expected to drive market growth in the residential segment
• North America is expected to maintain its market dominance over the forecast period. The increasing number of commercial places, demand for technology-driven cleaning systems, and the rising popularity of smart home products in the region are driving the regional market growth

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

Vacuum Cleaner Market Segmentation

Grand View Research has segmented the global vacuum cleaner market based on product, distribution channel, application, and region:

Vacuum Cleaner Product Outlook (Revenue, USD Million, 2017 - 2028)

• Canister
• Central
• Drum
• Robotic
• Upright
• Wet & Dry
• Others

Vacuum Cleaner Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Online
• Offline

Vacuum Cleaner Application Outlook (Revenue, USD Million, 2017 - 2028)

• Industrial
  • Manufacturing
  • Food & Beverages
  • Pharmaceuticals
  • Construction
  • Others
• Residential
• Commercial
  • Hospital
  • Retail Stores
  • Hospitality
  • Shopping Malls
  • Others

Vacuum Cleaner Region Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • The U.S.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players in the Vacuum Cleaner Market

• Dyson
• Ecovacs
• iRobot Corporation
• Neato Robotics
• Nilfisk Group
• Panasonic 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.

Fire Alarm And Detection Market to Undertake Strapping Growth By 2028

 Fire Alarm And Detection Market Growth & Trends

The global fire alarm and detection market size is expected to reach USD 62.02 billion by 2028, registering a CAGR of 4.1% during the forecast period, according to a study conducted by Grand View Research, Inc. The market is gaining prominence, more so amidst the COVID-19 pandemic that hit the world economy in 2020, with businesses shifting to remote working models. The demand for residential fire safety witnessed a rise, with people spending extended hours working from home.

The global demand surpassed USD 40 billion in 2020 and will continue to witness growth over the next seven years. While the pandemic created a few lucrative opportunities for the OEMs, awareness about the safety and security of assets in the commercial sector also increased. As businesses resume, the need to safeguard facilities with guidelines and installations promoting fire safety will encourage building owners to either replace old equipment or install new safety devices.

In addition, the advancements in fire safety products by leveraging the latest wireless technologies will help OEMs keep up with the competitive rivalry in the industry. Advancements followed by cost-effective products and service & maintenance post installations will go a long way in favoring sales. Vendors aim to launch new products and leverage opportunities in emerging markets by developing a local sales network and closing new business deals.

All such efforts by OEMs will drive market growth over the next few years. Apart from new equipment sales, the demand for the replacement market is also on the rise. Aging infrastructure with outdated fire safety devices will pave the way for new business opportunities over the next seven years. The replacement scenario is likely to create opportunities in the North American and European markets, where the market has hit the ceiling in terms of growth.

Request a free sample copy or view report summary: Fire Alarm And Detection Market Report

Fire Alarm And Detection Market Report Highlights

• The worldwide demand for fire alarms and detectors will witness an uptick, with sales surpassing USD 40 billion in 2020
• Mandates and guidelines promoting fire safety in residential, commercial, and industrial settings will upkeep the demand over the forecast period
• Smoke detectors witnessed a significant demand in 2020; however, heat detectors will register a rapid CAGR from 2021 to 2028
• Regulations governing the commercial sector resulted in the segment dominating the market in 2020
• The market in North America has reached maturity, in terms of demand; however, aging infrastructure will drive replacement sales over the forecast period.
• Europe will follow North America, registering a CAGR exceeding 4% from 2021 to 2028

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

Fire Alarm And Detection Market Segmentation

Grand View Research has segmented the global fire alarm and detection market on the basis of product, type, application, and region:

Fire Alarm & Detection Product Outlook (Revenue, USD Million, 2016 - 2028)

• Fire Detectors
• Fire Alarms

Fire Alarm & Detection Fire Detectors Type Outlook (Revenue, USD Million, 2016 - 2028)

• Flame Detectors
• Smoke Detectors
• Heat Detectors

Fire Alarm & Detection Fire Alarms Type Outlook (Revenue, USD Million, 2016 - 2028)

• Audible
• Visual
• Manual Call-points

Fire Alarm & Detection Application Outlook (Revenue, USD Million, 2016 - 2028)

• Commercial
• Industrial
• Residential

Fire Alarm & Detection Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in Fire Alarm And Detection Market

• Johnson Controls International plc
• Honeywell International, Inc.
• Napco Security Technologies, Inc.
• Nittan Co., Ltd.
• Siemens AG
• Halma plc
• United Technologies Corp.
• Robert Bosch GmbH
• Eaton Corp.

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.