Toys And Games Market Size Is Expected To Reach USD 406.97 Billion by 2028

 Toys And Games Market Growth & Trends 

The global toys and games market size is expected to reach USD 406.97 billion 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. Toys and games sales increased as the outbreak spread and parents realized they have been spending more time at home. Toy sales increased in 2020, with games and puzzles, dolls and action figures, and outdoor play being the most popular categories. The use of weather-related items was a big aspect of that outdoor activity. Sleds, snow-coloring toys, inflatables, and tools for building snow structures flew off the shelves.

Due to ease of accessibility, a large range of products, and competitive pricing, consumers are increasingly purchasing toys and games through the e-commerce channel. Furthermore, internet portals provide assistance 24 hours a day, seven days a week, and offer a wide range of products to choose from and substantial discounts on branded products.

Families wanted to spread a little extra cheer during the pandemic, thus retailers had a successful holiday season in 2020. According to figures issued by the National Retail Federation, holiday sales increased by 8.3 percent in 2019. Sports toys such as skateboards and scooters outperformed fashion dolls and accessories and building sets like Lego. Due to the increased traffic to its website on Black Friday, Lego had to construct a virtual wait for online consumers.

Traditional toys and games are being developed in emerging countries due to a significant increase in birth rates and an increasing percentage of young people. The market for toys and games has benefited from shifting preferences toward sustainable toys and rising living standards in nations, such as China, India, and Russia.

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Toys And Games Market Report Highlights

• By product, the electronic games segment accounted for the largest share of more than 64.0% in 2020
• The offline distribution channel segment accounted for the largest share of over 50.0% in 2020. The online segment is expected to witness the fastest growth over the forecast period
• Asia Pacific captured the largest share of over 40.0% in 2020. Companies have expanded their reach to countries like China and Japan through improved e-commerce or opening stores in new locations

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Toys And Games Market Segmentation

Grand View Research has segmented the global toys and games market on the basis of product, end user, distribution channel, and region:

Toys & Games Product Outlook (Revenue, USD Billion, 2015 - 2028)

• Electronic Games
• Outdoor & Sport Toys
• Dolls
• Preschool Toys
• Games & Puzzles
• Others

Toys & Games End-user Outlook (Revenue, USD Billion, 2015 - 2028)

• 0 - 8 age
• 9 - 15 age
• 15 age & above

Toys & Games Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2028)

• Offline
• Online

Toys & Games Regional Outlook (Revenue, USD Billion, 2015 - 2028)

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

List of Key Players of Toys And Games Market

• Dream International Limited
• VTech Holdings Limited
• The LEGO Group
• Sanrio Company, Ltd.
• Playmates Toys Limited
• JAKKS Pacific, Inc.
• Mattel
• Hasbro
• Konami Holdings Corporation
• Bandai Namco Holdings 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.

Africa Diesel Generator Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 Africa Diesel Generator Market Growth & Trends

The Africa diesel generator market size is expected to reach USD 8.36 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. The rise in demand for these products is being witnessed with the easing of lockdown restrictions in countries in Africa, which will increase the demand for diesel generators from this power range over the forecast period.

Above 3,000 kVA diesel generators are mainly utilized by large-scale industries involved in metal production, food and beverages, mining, and automobile manufacturing. Major vendors such as Mitsubishi Heavy Industries, Ltd. and Caterpillar provide diesel generators in this power rating range which are capable of providing emergency power supply and continuous power supply in case of unexpected power outages.

The banking sector came under the essential category during the pandemic, which resulted in the normal operation of banks in countries of the African region. However, construction of new banks and renovation in existing banks was on hold in the majority of the countries owing to restrictions on construction activities during the pandemic and fund diversion by banks to financially sustain the pandemic.

Diesel generators in tourism sectors are utilized in hotels and resorts. Diesel generators are majorly utilized for providing backup power supply in case of short or longer-duration power outages. However, diesel generators also account to be a source of continuous power supply in tourist places which has no access to grid power. Hotel owners generally opt for diesel generators over other backup power supply options owing to low capital cost and easy availability of diesel.

However, the COVID-19 pandemic has resulted in a reduction in demand from this power range due to the closure of automobile manufacturing, mining, and construction activities as per the mandate of lockdown imposed in various countries. The rise in demand for medical equipment such as ventilators and necessary medicines has resulted in high demand for diesel generators from the pharmaceutical and medical equipment manufacturing industries. Additionally, the lifting of lockdown in various countries has resulted in starting of industrial activities which are expected to boost the growth of this power segment over the forecast period.

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Africa Diesel Generator Market Report Highlights

• In terms of revenue, the up to 100 KVA segment accounted for a prominent share in the market in 2020 and is expected to witness significant growth over the forecast period
• The up to 100 KVA power rating segment dominated the market and accounted for more than 57.50% of the revenue share in 2020
• In 2020, South Africa accounted for more than 16% revenue share in the overall market. The government is taking various structural reforms to facilitate growth in the country over the forecast period
• An increase in urbanization in the country has driven water management and demand for housing projects in Algeria. Further, the government has set a goal to build around 55 new dams in the country by 2030 for achieving a water storage capacity of around 12 billion cubic meters

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Africa Diesel Generator Market Segmentation

Grand View Research has segmented the Africa diesel generator market based on power rating, end use, and country:

Africa Diesel Generator Power Rating Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• Up to 100 kVA
• 100-350 kVA
• 350-750 kVA
• 750-1000 kVA
• 1000-2000 kVA
• 2000-3000 kVA
• Above 3000 kVA

Africa Diesel Generator End-use Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• Manufacturing
• Construction
• Telecom
• Mining
• Data Center
• Tourism
• Banking
• Others

Africa Diesel Generator Country Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• Kenya
• Algeria
• South Africa
• Ethiopia
• Ghana
• Tanzania
• Morocco
• Mali
• Uganda

List of Key Players of the Africa Diesel Generator Market

• Caterpillar
• Cummins Inc.
• Atlas Copco AB
• AKSA power generation
• Kohler Co
• HIMOINSA
• Wartsila
• Kirloskar Oil Engines Ltd.
• MITSUBISHI HEAVY INDUSTRY 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.

Post-consumer Recycled Plastics In Consumer Electronics Market Forecasted to Grow at Steady Pace During 2021-2028: Grand View Research Inc.

 Post-consumer Recycled Plastics In Consumer Electronics Market Growth & Trends

The global post-consumer recycled plastics in consumer electronics market size is expected to reach USD 21.6 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2021 to 2028. Increasing adoption of the post-consumer recycled plastic resin in consumer electronics production is projected to fuel the market growth during the forecast period. Growing e-waste has become a global concern, which many countries have started addressing. Many companies have started implementing post-consumer recycled plastics in their electronic products and included them in their sustainability goals.

The COVID-19 pandemic has made electronic products an intrinsic part of consumer’s lifestyles. In addition, a rising number of environmental conservation awareness programs are being carried out, keeping both the consumers and electronic device manufacturers well-informed about the growing e-waste. Many end-use companies have already started using post-consumer recycled plastics in their products. This helps them to not only control the raw material cost but also position themselves environmentally friendly in comparison to their counterparts. For instance, Lenovo Group Limited uses recycled plastics in the manufacture of its notebooks, desktops, workstations, monitors, and accessories.

Lenovo began using 30% post-consumer recycled content (PCC) plastic derived from scrap PET bottles to produce ThinkVision L193P monitors in 2007. The company’s timeline shows that by 2010, over 10% of the plastics sourced from its supplier contained recycled plastic content. In 2017, Lenovo collaborated with a PCC supplier to use closed-loop PCC materials in its products and packaging materials. Since then, Lenovo has expanded the use of closed-loop post-consumer recycled plastics from 21 products in 2018 to 66 products in 2019. This has seen a 214% increase in recycled plastic usage in its product portfolio.

In May 2021, Acer, Inc. introduced its first laptop made from post-consumer recycled plastic. The Acer Aspire Vero uses recycled plastic in the device’s chassis and keyboard. In February 2020, the Hewlett-Packard Development Company, L.P. announced its new Pavilion notebook series to use consumer recycled and ocean-bound plastics in the construction of speaker housing. This is estimated to keep approximately 92,000 plastic bottles out of the oceans and landfills. Smartphone manufacturer, Apple, Inc., in October 2020, announced to use 35% or more recycled plastic in 14 components of its iPhone12 model.

Environmental awareness has propelled many electronics companies to produce electronic devices from recycled plastics as a part of their sustainability goals. This can prove to be one of the major driving factors for the production of post-consumer recycled plastic over the forecasted period and can fuel the demand for electronic devices manufactured using these raw materials.

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Post-consumer Recycled Plastics In Consumer Electronics Market Report Highlights

• In terms of revenue, the polycarbonate segment accounted for a prominent share in the market in 2020 and is further expected to witness prominent growth over the forecast period
• The laptop monitor enclosures application segment dominated the market and accounted for more than 25.0% of the revenue share in 2020
• As of 2020, the Asia Pacific accounted for more than 64.0% revenue share in the overall market. The presence of a well-established manufacturing base for consumer electronics in Taiwan, Japan, China, and South Korea among other countries is anticipated to provide further impetus to the regional market growth
• Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, in September 2020, Trinseo along with INEOS Styrolution Group GmbH, Germany initiated its plan to build a recycling plant in France. The plant is expected to process 50 tons of post-consumer polystyrene feedstock per day and use 30% of recycled polystyrene content in end products by 2025. The plant will be operational by 2023

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Post-consumer Recycled Plastics In Consumer Electronics Market Segmentation

Grand View Research has segmented the global post-consumer recycled plastics in consumer electronics market based on source, product, application, and region:

Post-consumer Recycled Plastics In Consumer Electronics Source Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Non-bottle Rigid
• Bottles
• Others

Post-consumer Recycled Plastics In Consumer Electronics Product Type Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Polycarbonate (PC)
• Polyethylene Terephthalate (PET)
• Polystyrene (PS)
• Polypropylene (PP)
• Acrylonitrile Butadiene Styrene (ABS)
• Polycarbonate/ Acrylonitrile Butadiene Styrene (PC/ABS)

Post-consumer Recycled Plastics In Consumer Electronics Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• TV Frames
• Laptop Monitor Enclosures
• LCD Panels
• Portable Hand-held Devices
• Wearables
• Mobile Phone Bodies
• Appliances & White Goods
• Others

Post-consumer Recycled Plastics In Consumer Electronics Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

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

List of Key Players of the Post-consumer Recycled Plastics In Consumer Electronics Market

• BASF SE
• SABIC
• Covestro AG
• Trinseo S.A.
• MBA Polymers Inc.
• INEOS Styrolution Group GmbH
• LAVERGNE, Inc.
• PolyVisions

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 Automotive Heat Shield Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 North America Automotive Heat Shield Market Growth & Trends

The North America automotive heat shield market size is expected to reach USD 2.60 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2021 to 2028. Increasing adoption of electric vehicles coupled with need for improved thermal management in the IC engines to boost engine efficiency is expected to propel demand for the automotive heat shields in the coming years.

The increased adoption of electric and hybrid electric vehicles is one of the prime factors likely to contribute to the growth of the market over the forecast period. For instance, in 2019, the U.S. electric car manufacturer Tesla delivered 367,500 electric vehicles worldwide, whereas, in 2020, the deliveries reached their peak at 509,737globally, with U.S. accounting for 50% of the global sale.

Dana Limited manufactures different types of automotive heat shields including heat shields with integrated gaskets, aluminum, direct insulation, insulated & sound-absorbing heat shields. Morgan Advanced Materials uses its shell technology and sandwich technology for durable and lightweight automotive heat shields. Its shell technology uses Super wool and glass or silica fiber for high thermal performance solutions.

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North America Automotive Heat Shield Market Report Highlights

• The single-shell segment dominated the market and accounted for over 55% of market share in 2020 owing to its prevalent use in passenger cars and HCVs. Sandwich heat shields are expected to grow at a CAGR of 4.3% over the forecast period owing to growing use in exhaust pipes and catalytic converters against heat and moisture intrusion of saltwater corrosion.
• The engine compartment segment was the largest application and accounted for more than 30% of revenue share in 2020. Automotive heat shield finds vast applications in various parts and components of engine compartment as this space accounts for the maximum heat dissipation.
• Non-metallic segment is expected to witness surge in demand, growing at a CAGR of 4.1% over the forecast period owing to manufacturers opting for lightweight products with better thermal efficiency.
• The product demand in Mexico is expected to be driven by increasing investments by automotive manufacturers in the region. Mexico has emerged as a manufacturing hub supported by favorable government policies, trade policies, and availability of skilled labor.
• Prominent players including Dana Limited, DuPont, Morgan Advanced Materials, Zircotec, and Autoneum are engaged in designing and developing automotive heat shields with different product specifications and technologies.

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North America Automotive Heat Shield Market Segmentation

Grand View Research has segmented the North America automotive heat shield market on the basis of product, application, material, vehicle-type and region:

North America Automotive Heat Shield Product Outlook (Revenue, USD Million; 2017 - 2028)

• Single-shell
• Double-shell
• Sandwich

North America Automotive Heat Shield Application Outlook (Revenue, USD Million; 2017 - 2028)

• Exhaust system
• Turbocharger
• Under Bonnet
• Engine Compartment
• Under Chassis

North America Automotive Heat Shield Material Outlook (Revenue, USD Million; 2017 - 2028)

• Metallic
• Non-metallic

North America Automotive Heat Shield Vehicle-type Outlook (Revenue, USD Million; 2017 - 2028)

• IC Passenger Cars
• IC Light Commercial Vehicles
• IC Heavy Commercial Vehicles
• Electric Vehicles

North America Automotive Heat Shield Regional Outlook (Revenue, USD Million; 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico

List of Key Players of North America Automotive Heat Shield Market

• DuPont
• DANA Incorporated
• Zircotec
• Morgan Advanced Materials
• Autoneum
• ElringKlinger AG
• Lydall Inc.
• Tenneco Inc.
• Carcoustics
• UGN Inc.
• HKO Group
• Shiloh Industries, Inc.
• The Narmco Group
• NICHIAS Corporation
• Röchling SE & 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.

Carbonated Soft Drink Market Size is Expected to Reach USD 320.1 Billion by 2028

 

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Modern-day consumers can be seen focusing on convenience, and thus a large part of everyday purchase includes single grab-and-go products rather than the conventional bulk buying products. This has led to shelf-stable innovations and eco-friendly packaging, made with clean, renewable materials, and fewer preservatives and chemicals. The products are continually being improved and innovated to create something for everyone. Owing to growing consumer health awareness, companies are now more focused on including natural, low-calorie, and low-sugar ingredients in their products, like using stevia sweeteners instead of conventional or synthetic sweeteners.

Growth Predicted for the Brain Health Supplements

 

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The increasing interest in improving and maintaining brain health among consumers has been driving product demand over the world. Furthermore, the growing number of promotional activities, rising self-directed users, and increasing willingness to improve brain functions are positively impacting the growth of the market. These supplements help improve consumers' memory, focus, mood, sleep, creativity, relaxation, and other brain functions. Moreover, the easy availability of these over-the-counter (OTC) products in both physical and online stores is boosting sales over the years.

Automated Visual Field Analyzer Market is Thriving USD 265.5 Million Revenue by 2028: Grand View Research Inc.

 Automated Visual Field Analyzer Market Growth & Trends

The global automated visual field analyzer market size is expected to reach USD 265.5 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2021 to 2028. The growing frequency of new product launches and the rise in the incidence of ocular diseases such as glaucoma and cataract are key drivers to market growth.

The global impact of COVID-19 on eye health, along with population aging, and environmental and lifestyle changes are the factors expected to result in a substantial increase in the number of individuals suffering from visual impairment and blindness. At least 2.2 billion individuals worldwide have a near or far vision impairment.

Technological advancements in automated visual field analyzers have significantly reduced turnaround time and increased accuracy in visual field testing. One of the major such advances has been the introduction of new software algorithms. Some of the key reasons anticipated to drive the growth of the market include an increase in the frequency of new product launches. Novel tests of visual function are being developed as a result of recent technological advancements. Diagnostic testing using portable, low-cost equipment now enables the examination of patient populations with limited access to health care and permits testing to occur outside of the clinical environment or at home.

Many public and private organizations are taking steps to raise awareness about eye health and vision care among the general public, optometrists, and ophthalmologists for the diagnosis and treatment of ophthalmic diseases, such as conducting awareness and advertising campaigns and workshops. Additionally, several suppliers provide ophthalmologists and technician’s hands-on training in visual field analyzers through courses, tutorials, and workshops. Such activities assist to raise knowledge about ocular illnesses and accessible diagnostic equipment, such as ophthalmic perimeters, which will drive the market.

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Automated Visual Field Analyzer Market Report Highlights

• The static perimeters segment held the largest revenue share in 2020 owing to its extensive use in capturing large data points for automated visual field testing
• The hospital segment held the largest revenue share in 2020 owing to the increasing number of hospitals in developing countries and growing competition in healthcare service providers
• The ophthalmic clinics segment is expected to experience the fastest growth rate during the forecast period due to its convenience, proximity, and lower costs to patients and insurers
• Asia Pacific is anticipated to witness the fastest CAGR of around 7.5% over the forecast period due to the presence of untapped opportunities in the emerging economies in China and India

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Automated Visual Field Analyzer Market Segmentation

Grand View Research has segmented the global automated visual field analyzer market based on product, end use, and region:

Automated Visual Field Analyzer Product Outlook (Revenue, USD Million, 2016 - 2028)

• Static
• Kinetic

Automated Visual Field Analyzer End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ophthalmic Clinics
• Others

Automated Visual Field Analyzer Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Automated Visual Field Analyzer Market

• Carl Zeiss
• Haag-Streit AG
• Elektron Eye Technology
• Heidelberg Engineering
• Kowa Company, Ltd
• Optopol
• OCULUS 
• Metrovision
• MEDA Co., Ltd. 
• Topcon

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.

Drone Analytics Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Drone Analytics Market Growth & Trends

The global drone analytics market size is anticipated to reach USD 35.73 billion by 2028, registering a CAGR of 22.8% from 2021 to 2028, according to a new study by Grand View Research, Inc. The rising demand for intelligent photogrammetry software solutions across various industries is anticipated to offer immense growth opportunities for market participants. To monetize the promising growth opportunities, leading players are focusing on integrating advanced technologies in their offerings for enhanced performance.

Specialized drone analytics solutions play a crucial role in the collection of data as compared to traditional data collecting tools. Drones generate real-time data, analysis of which provides actionable insights to decision-makers. Cloud computing provides an efficient platform for handling and storing the vast volumes of data generated by drones. Additionally, it helps improve the computational power and automate the end-to-end system functions of drones. The use of advanced technologies such as AI and machine learning in drone analytics solutions provides users the ability to distinguish processed data into valuable assets for deriving information.

The software solutions allow users to create maps and 3D models, capture images, and analyze the captured data to make actionable business decisions. Construction and infrastructure sectors are embracing drone analytics solutions at a greater pace. Leading market players are developing solutions incorporated with technologies such as big data analytics, computer vision, and machine learning, to minimize the time taken by the staff in the field. Additionally, companies are focusing on solutions that can fast-track the construction process and reduce the duration of infrastructure inspection with immense precision.

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Drone Analytics Market Report Highlights

• The next generation of drones is anticipated to be incorporated with AI. Aerial AI can procure large volumes of data on a real-time basis, enabling monitoring over complex physical structures and analyzing the gathered data for flaws
• The use of a complete packaged solution could allow users to monitor, measure, analyze, and report visual data to undertake improved business decisions
• Market players are increasingly introducing industry-specific drone analytics solutions. The use of these solutions at construction sites to track progress and monitor quality could allow users to save time and money in comparison to conventional survey techniques
• Increased prevalence of drone monitoring across oil and gas, mining, agriculture, and construction sectors could boost the demand for drone analytics software

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Drone Analytics Market Segmentation

Grand View Research has segmented the global drone analytics market based on end use, application, deployment, and region:

Drone Analytics End-use Outlook (Revenue, USD Million, 2018 - 2028)

• Power & Utility
• Construction & Infrastructure
• Oil & Gas
• Agriculture
• Transportation & Logistics
• Others

Drone Analytics Application Outlook (Revenue, USD Million, 2018 - 2028)

• Thermal Detection
• Aerial Monitoring
• Ground Exploration
• 3d Modelling
• Others

Drone Analytics Deployment Outlook (Revenue, USD Million, 2018 - 2028)

• On-Premise
• On-Demand

Drone Analytics Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Drone Analytics Market

• Airware
• DroneDeploy
• Delta Drone
• PrecisionHawk
• AeroVironment

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.

Gummy Market to Record an Exponential CAGR by 2028: Grand View Research Inc.

 Gummy Market Growth & Trends

The global gummy market size is expected to reach USD 42.06 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.6% over the forecast period. The advent of organic, clean, and natural formulated gummy supplements by key market participants; coupled with increasing customer demand for nutrition with taste and flavor is a major factor fueling the market growth.

Gummies are easy to chew and can be consumed on the go, thereby providing an easy supplementation solution during busy working schedules for adult consumers. Besides, gummies are highly popular among kids due to the availability of different flavors, colors, and attractive shapes.

Moreover, the prevailing trend of adopting preventive healthcare measures by parents since the birth of a baby is expected to drive the growth of the market in the coming years. In addition, the busy lifestyle of individuals has encouraged on-the-go eating habits; thus, a shifting focus towards an alternative form of nutrients which is expected to stimulate growth for convenient and easy-to-swallow gummy.

The vitamin gummies segment dominated the market in 2020. With the increasing complexity in consumer dynamics, owing to professional and personal commitments, along with stressful lifestyles and changes in eating habits, consumers are seeking dietary supplements to meet the daily vitamins & minerals requirement.

The increasing availability of gummy supplements for various health conditions, including heart health, brain health, or in nutricosmetic categories, such as skincare and hair care, is expected to augment the market growth. Moreover, prenatal vitamin gummies utilized by women during pregnancy are expected to boost the growth of the vitamin gummies segment in the coming years.

Asia Pacific is estimated to be the largest regional market by 2028 growing at the fastest CAGR over the forecast period. The presence of highly populous countries, such as China and India, where awareness regarding preventive health is increasing along with several untapped markets, such as Southeast Asian nations, is expected to boost the product demand in the region.

Non-store-based distribution channels, such as online distribution and network marketing or direct selling, are witnessing robust growth in the market. Increasing penetration of smartphones and the internet coupled with the convenience of shopping and lucrative discounts offered by e-commerce platforms are expected to drive the market over the forecast period.

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Gummy Market Report Highlights

• In 2020, the vitamins application segment accounted for the highest revenue share of over 55% on account of high consumption of vitamin gummies due to benefits, such as enhanced bone, teeth & ophthalmic health and improvement in overall immunity
• North America dominated the market with a revenue share of more than 38% in 2020 due to high product awareness and high per capita spending on healthcare & wellness
• The non-store distribution channel segment is expected to register the fastest CAGR during the forecast period
• Easy availability of a wide range of brands, increasing internet penetration in developing economies, and convenience offered by online platforms are the key factors driving the segment growth
• Many companies are increasingly outsourcing manufacturing to Contract Manufacturing Organizations (CMOs) as it allows brands to focus more on research & development, product distribution, and branding & marketing activities
• In addition, outsourcing also reduces capital-intensive operations, such as the construction of their manufacturing unit, staff training, raw material procurement, procurement of machines, regulatory approvals, and certifications

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Gummy Market Segmentation

Grand View Research has segmented the global gummy market on the basis of application, end user, distribution channel, and region:

Gummy Application Outlook (Revenue, USD Million, 2017 - 2028)

• Vitamins
• Minerals
• Omega Fatty Acids
• Proteins
• Others

Gummy End-user Outlook (Revenue, USD Million, 2017 - 2028)

• Adults
• Kids

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

• Store-Based
• Non-Store-Based

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

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

List of Key Players of Gummy Market

• Procaps Group
• Santa Cruz Nutritionals
• Amapharm
• Herbaland Canada
• Allseps Pty. Ltd.
• Vitux AS
• Boscogen, Inc.
• Bettera Brands, LLC
• NutraStar Manufacturing Ltd.
• Better Nutritionals
• Prime Health Ltd.
• AJES Pharmaceuticals LLC
• Lactonova
• com
• Lexicare Pharma Pvt. Ltd.
• Superior Supplement Manufacturing
• Well Aliments
• Supplement Factory Ltd.
• Vitakem Nutraceutical, 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.

Network Probe Market: Advanced Technologies and Growth Opportunities Worldwide By 2028

 Network Probe Market Growth & Trends

The global network probe market size is expected to reach USD 1.24 billion by 2028, registering a CAGR of 12.3% from 2021 to 2028 according to a new report by Grand View Research, Inc. Network probes help businesses to understand the protocols being used in the network that hosts the sending and receiving of data, the location of network traffic, and others. Thus, companies are widely adopting network probes for getting in-depth visibility of their network, which is driving the growth of the market.

Mobile network providers are increasingly demanding network probes to monitor the network required for 5G connections to improve customer experience. As such, various mobile companies are partnering with network probe companies to provide network visibility for 5G connections. For instance, in September 2020, Gigamon announced its partnership with Nokia to deliver enhanced customer experience and network visibility to accelerate the adoption of 5G.

Many network probe solution providers are entering into a partnership with digital service providers for helping enterprises grow digitally. For instance, in April 2021, Netscout, a network service provider, announced its partnership with Dell Technologies. Through this partnership, the companies aim to deliver cost-effective solutions to medium-to-large-sized enterprises to help them grow digitally.

The outbreak of COVID-19 is anticipated to favorably impact the market. Network probes enable businesses to secure their data remotely, which is driving market growth. Furthermore, the increase in internet usage due to the work-from-home policy is boosting the demand for network probes for managing network traffic. 

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

Network Probe Market Report Highlights

• The solution segment dominated the market growth in 2020. Businesses are increasingly demanding network probe solutions as they enable them to identify the causes of the slowdown in their network
• The on-premise segment dominated the market growth in 2020. Benefits offered by on-premise network probes, such as management of maintenance and installation of solutions on the premises of end-users, are contributing to the segment growth
• The small and medium enterprises segment is expected to witness the fastest growth over the forecast period. The shift of small and medium enterprises toward digital transformation is driving the demand for network probes in the segment
• The enterprises segment dominated the market growth in 2020. The growing need for real-time network visibility among enterprises is driving the segment growth
• The growing adoption of technologies in emerging economies such as China and India is expected to create growth opportunities for the market in the Asia Pacific region

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

Network Probe Market Segmentation

Grand View Research has segmented the global network probe market based on component, deployment, enterprise size, end use, and region:

Network Probe Component Outlook (Revenue, USD Million, 2017 - 2028)

• Solution
• Services
  • Consulting
  • Integration & Deployment
  • Training & Support

Network Probe Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• Cloud
• On-premise

Network Probe Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)

• Large Enterprises
• Small & Medium Enterprises

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

• Service Providers
• Enterprises
  • BFSI
  • Government
  • IT & Telecom
  • Others

Network Probe Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Network Probe Market

• SolarWinds
• NETSCOUT
• Broadcom
• IBM
• Cisco
• Nokia
• Catchpoint
• Cubro
• Kentik
• NEC

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. Market For Residential Solar PV to Witness Tremendous Growth and Expansion by 2028

 U.S. Residential Solar PV Market Growth & Trends

The U.S. residential solar PV market size is expected to reach USD 14.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. Factors such as rising demand for renewable clean power generation and government policies related to incentives and tax rebates for solar PV (photovoltaic) systems are expected to drive the market over the forecast period. Increasing awareness among people regarding the use of low carbon-intensive technologies to limit carbon footprint is one of the major factors driving the adoption of solar PV systems in the U.S. residential sector.

The rejoining of the U.S. in the Paris Climate Agreement in February 2021 is expected to further boost market growth. Further, the extension of Investment Tax Credit (ITC) for residential solar PV installations at 26% by 2022 and 22% by 2023, is anticipated to boost the growth of the industry over the forecast period.

California is expected to continue to have a dominating market share as compared to other states in the U.S. on account of the presence of supporting policies, plans, and financial incentives for solar PV installation in the residential sector. In addition, the adoption of the California solar mandate from January 2021 is expected to boost market growth in the state over the coming years. The mandate states that all new residential properties to be constructed in the state should opt for solar PV systems.

The availability of alternative clean power generation technologies in form of wind power and fuel cell systems is expected to hinder the growth of the market. Increase in research and development activities and the presence of favorable policies and regulations for these power generation sources are factors likely to boost their adoption over the forecast period. These factors are expected to limit the growth of the industry over the forecast period. 

Request a free sample copy or view report summary: U.S. Residential Solar PV Market Report

U.S. Residential Solar PV Market Report Highlights

• The retrofit construction segment accounted for the major revenue share in 2020 owing to large number of homes already present across the country as compared to number of homes built on yearly basis. Further, presence of various financial incentives provides positive environment for the end-users to install solar PV systems in their homes
• California accounted for a significant revenue share in 2020. Factors such as supporting policies and regulations and rebate programs such as SMUD - PV Residential Retrofit Buy-Down and City of San Francisco - Solar Energy Incentive Program have boosted market growth in the state
• Some of the major strategic initiatives taken by vendors in the market include mergers and acquisitions, business expansion in country, and strategic collaborations with market participants

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

U.S. Residential Solar PV Market Segmentation

Grand View Research has segmented the U.S. residential solar PV market on the basis of construction and state:

U.S. Residential Solar PV Construction Outlook (Volume, MW; Revenue, USD Million, 2016 - 2028)

• Retrofit
• New Construction

U.S. Residential Solar PV State Outlook (Volume, MW; Revenue, USD Million, 2016 - 2028)

• California
• New York
• Arizona
• New Jersey
• Massachusetts
• Texas
• Rest of the U.S.

List of Key Players of U.S. Residential Solar PV Market

• Tesla
• SunPower Corporation
• Sunrun
• Trinity Solar Inc.
• Sungevity
• Momentum Solar
• Petersen Dean Inc.
• ACE Solar
• Sunlux
• Titan Solar Power

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.

Unified Communication – Be Unified be Connected

 

Know More- https://www.grandviewresearch.com/industry-analysis/unified-communication-market

Enterprises have transitioned to Unified Communications (UC) solutions to reduce operating expenses, increase revenues, and strengthen customer relationships. UC enhances the decision-making process by integrating various communication tools into a single platform. Thus, unified communications solutions are typically deployed to foster cross-functional activities and yield positive results.

Complete Overview Of Satellite Communication

 

Know More- https://www.grandviewresearch.com/industry-analysis/satellite-communication-market

Satellite communication refers to transmitting signals in the form of a beam of modulated waves between the sender and receiver antenna with the help of a satellite. These signals are amplified and sent back to the receiver antenna on the earth's surface. Satellite communication (SATCOM) also plays a crucial role in increasing the communication technology infrastructure in rural areas. At present, several thousand artificial satellites are orbiting the earth. These artificial satellites transfer analog and digital signals carrying data in the form of voices, photographs, and videos to and from one or several locations across the globe.