Nonstick Cookware Market Poised to Garner Maximum Revenues During 2021 – 2028: Grand View Research Inc.

 Nonstick Cookware Market Growth & Trends

The global nonstick cookware market size is expected to reach USD 15.39 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. The nonstick cookware industry is rapidly changing due to technology improvements and shifting customer preferences. Businesses have long tried to stay on top of new developments and advances in this industry, such as electronic cookware and smart kitchen gadgets.

The rise in the popularity of home cooking, especially during the ongoing COVID-19 pandemic, is another factor fueling the demand for nonstick cookware products. Consumers are not only trying new recipes at home but also improving their cooking skills. The coronavirus outbreak has also led to an increase in cooking at home as consumers want to avoid any exposure to outside food. This, in turn, has boosted the overall demand for nonstick cookware products.

The intention to keep up with home cooking is particularly strong among younger groups, according to a survey of 2,200 U.S. consumers. When questioned about their post-pandemic intentions, a whopping 43% of Gen Z respondents stated they expect to cook more at home once the epidemic is gone. Cooking shows on TV and the internet and regional and international food publications have all aided the trend of cooking at home, thereby driving cookware sales all over the world.

Moreover, cookware and bakeware sales in the third quarter of 2020 and the first nine months of 2020, according to BridgeTower Media, demonstrate the rising interest in at-home food preparation that has occurred during the pandemic. Total cookware sales in the U.S. increased 36.2% in the third quarter compared to the same period last year, while sales from January to September were up 20.7% over the same period in 2019.

The market for nonstick cookware is rising due to the growth of the hospitality industry. The growth of the restaurant and hospitality industry is primarily due to companies reorganizing their operations and recovering from the COVID-19 impact, which had previously resulted in restrictive containment measures, such as social distancing, remote working, and closure of commercial activities, all of which created operational challenges.

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Nonstick Cookware Market Report Highlights

• By raw material, the teflon coated segment accounted for the largest volume share of 47.0% in 2020. Teflon coated nonstick cookware is the most popular among middle-income families owing to its stiffness and longevity
• Based on distribution channel, the supermarkets and hypermarkets segment accounted for the largest revenue share of 59.7% in 2020. The easy accessibility of nonstick cookware in a variety of price ranges and the availability of a variety of local and worldwide brands are fueling the segment growth
• Europe held the largest revenue share of 37.7% in 2020. The increasing adoption of nonstick cookware products in the region is supported by the growing number of new product launches by regional and global manufacturers

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Nonstick Cookware Market Segmentation

Grand View Research has segmented the global nonstick cookware market on the basis of raw material, distribution channel, and region:

Nonstick Cookware Raw Material Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• Teflon Coated
• Aluminum Coated
• Enameled Iron Coated
• Ceramic Coated
• Others

Nonstick Cookware Distribution Channel Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• Supermarkets & Hypermarkets
• Convenience Stores
• Specialty Stores
• Others

Nonstick Cookware Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia pacific
  • China
  • India
• Central and South America
  • Brazil
• Middle East and Africa
  • South Africa

List of Key Players of Nonstick Cookware Market

• Groupe SEB (Tefal, All-Clad Group, WMF)
• Tefal
• All-Clad Group
• WMF
• Newell Brand Inc. (Calphalon)
• Cuisinart
• Meyer Corporation
• TTK Prestige Limited
• Scanpan USA, Inc.
• Hawkins Cookers
• The Cookware Company

About Grand View Research

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

Surfing Equipment Market Expected to Deliver Dynamic Progression 2028

 Surfing Equipment Market Growth & Trends

The global surfing equipment market size is anticipated to reach USD 5.47 billion by 2028, registering a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The primary factor driving the market growth is the push by surfing equipment manufacturers, marketers, and associations to make surfing much more approachable than it has been in previous years. In addition, increased interest in surfing due to the growing focus of consumers on wellness and fitness will support the market growth. Over the years, surf tourism has had a considerable impact on the demand for surfing equipment and apparel.

In recent years, increased accessibility and affordability have attracted a large number of surfers from many demographic groups. Due to the use of wave pools for training, surfing has become more accessible to people who do not live near a beach. Surfers who can access these pools can train regardless of the weather and at any time of the day. Thus, an increasing number of wave pools has increased the demand for surfing equipment.

People are spending an increasing amount of money on surfing as the sport’s culture grows. Surfers in the United States spend more than USD 3 billion on local surfing trips each year, according to Surf Park Central. The average surfer in the United States owns four different surfboards and spends 2.5 hours surfing per local season.

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Surfing Equipment Market Report Highlights

• The surfing boards segment accounted for the largest revenue share of more than 68% in 2020 and is projected to expand further at a steady CAGR over the forecast period
• In recent years, surfing equipment has undergone different technological advancements, which will drive the product demand
• For example, shark repellents have been introduced to the list of crucial equipment used by surfers
• Surfers also like to completely cover their bodies to protect themselves from the sun, which will drive the demand for apparel and accessories
• The online distribution channel segment accounted for the second-largest revenue share in 2020 and is estimated to ascend at the fastest CAGR of more than 5% over the forecast period
• North America was the largest regional market in 2020; however, Asia Pacific will register the fastest CAGR from 2021 to 2028

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Surfing Equipment Market Segmentation

Grand View Research has segmented the global surfing equipment market on the basis of product, distribution channel, and region:

Surfing Equipment Product Outlook (Revenue, USD Million, 2016 - 2028)

• Surfing Boards
• Apparels & Accessories

Surfing Equipment Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Surfing Equipment Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
• Europe
  • UK.
  • France
  • Spain
  • Portugal
• Asia Pacific
  • Australia
  • New Zealand
• Central & South America
  • Brazil
• Middle East & Africa

List of Key Players of Surfing Equipment Market

• Billabong
• Quiksilver, Inc.
• JS Industries
• Channel Islands Surfboards
• Nike, Inc.
• Firewire Surfboards, LLC
• Rusty Surfboards
• Rip Curl. Ltd.
• Cannibal Surfboards
• O’Neill

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 Kitchen Appliances Market With Strong Application and Scope By 2028

 Smart Kitchen Appliances Market Growth & Trends                           

The global smart kitchen appliances market size is expected to reach USD 43.83 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.6% from 2021 to 2028. Customers are drawn to the new and smart kitchen appliances because they are energy-efficient, eco-friendly, and have a user-friendly interface. Furthermore, as disposable income and purchasing power rise, customers are able to increase their spending on high-end smart kitchen equipment, resulting in increased demand and market growth.

Kitchen appliance manufacturers have recognized the potential of IoT and are investing time and money to build infrastructures that will allow their products to communicate with one another. This feature is valued by consumers that use IoT devices, and it is expected to boost the market growth throughout the forecast period. The Internet of Things (IoT) is a growing network of common objects that connects industrial machinery with consumer home appliances to share data and complete tasks while people are occupied with other activities. The inclusion of small amounts of computational power in appliances has resulted in significant lifestyle enhancements.

Millennials and Gen Xers are most likely to have smart home technology products in their homes, according to Security.org. Persons under the age of 44 are more likely to acquire smart kitchen equipment than people over 45.

According to ValuePenguin, 52% of people who are very concerned about climate change and own a smart home device acquired it because it is better for the environment, compared to 20% of those who are moderately concerned and 10% of those who are not. In addition, 66% of those who are extremely concerned about climate change intend to purchase another smart home gadget in the next six months. Only 41% of respondents were somewhat concerned, while 20% were not at all concerned, indicating that people concerned about the environment are more likely to be repeat buyers of smart home gadgets.

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Smart Kitchen Appliances Market Report Highlights

• By product, the smart refrigeratorssegment accounted for the largest share of 34.23% in 2020. Smart refrigerators are becoming more common as smart cities and smart infrastructure are more widely adopted. They have emerged as the most popular kitchen appliances. Owing to technological advancements, consumers can now view what's inside their refrigerators with their smartphones
• Based on the application, the residential segment dominated the market and grabbed a revenue share of 56.83% in 2020. As smart appliances are replacing traditional appliances in kitchens, millennials and the young population are also taking interest in cooking. In addition, rising tourism and travel are increasing consumers’ interest in different cooking cultures and multi-cuisine food, which is thereby contemplating consumers to opt for smart kitchen appliances in their households
• North America dominated the market and held a revenue share of 33.33% in 2020. The increasing number of smart grid projects, changing consumer preferences, and an increase in spending power are fueling regional market growth. Another noteworthy trend in North America is the increased investments in residential construction projects. The rise in the number of residential and commercial construction projects will lead to an increase in the regional demand for smart kitchen appliances

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Smart Kitchen Appliances Market Segmentation

Grand View Research has segmented the global smart kitchen appliances market on the basis of product, application, and region:

Smart Kitchen Appliances Product Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Refrigerators
• Smart Cookware and Cooktops
• Smart Dishwashers
• Smart Ovens
• Other Appliances

Smart Kitchen Appliances Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

Smart Kitchen Appliances Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Smart Kitchen Appliances Market

• Whirlpool Corporation
• LG Electronics
• Electrolux AB
• Samsung Electronics Co. Ltd.
• Haier Group
• Panasonic Corporation
• BSH Hausgeräte GmbH
• Koninklijke Philips N.V.
• Miele & Cie. KG
• Dongbu Daewoo Electronic

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.

Honey: Medicinal Property and Antibacterial Activity

 

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A major factor driving the market growth includes high demand for nutritious food products, such as honey, on account of rising awareness about the benefits of maintaining a healthy lifestyle. Honey is an excellent source of numerous nutritional ingredients including vitamins, minerals, calcium, and antioxidants. Moreover, honey has several medicinal properties and can help improve metabolic activities, maintain blood pressure levels, reduce the risk of diabetes, and can even heal burn wounds. Thus, honey is widely used in many applications apart from food & beverages, such as cosmetics and pharmaceuticals, which is also estimated to augment the market growth.

Why Rolling Your Own Tobacco is Better

 

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The growing preference for hand‐rolled or handmade cigarettes as they are relatively less expensive compared to factory-made (FM) cigarettes has been driving the demand for roll-your-own (RYO) tobacco products across the world. Handmade cigarettes are generally subject to fewer regulations and less taxation. As a result, these products are gaining popularity among financially stressed young consumers and lower annual income groups. However, some studies have found that RYO tobacco products' consumption has been increasing in developed countries over the years. 

North America, Europe & Asia Pacific Operating Room Doors And Walls Market Size Is Expected To Reach USD 2.1 Billion by 2028

 North America, Europe & Asia Pacific Operating Room Doors And Walls Market Growth & Trends

The North America, Europe, and Asia Pacific operating room doors and walls market size is expected to reach USD 2.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.5% from 2021 to 2028. The growing prevalence of chronic diseases, sophisticated healthcare infrastructure, large geriatric population base, rise in the number of surgical procedures, and the increasing number of hospitals and ambulatory surgical centers across the regions are increasing the demand for operating rooms, which is contributing to the growth of the market.

Based on product, the walls segment dominated the market in 2020. Factors contributing to the segment growth include a rise in the number of surgical procedures, coupled with increasing demand to avoid the spread of harmful bacteria and other pathogens within the operating rooms. According to the data published by Organ Donation New Zealand, in 2019, a total of 453 organ transplants were carried out in the country, which includes 17 heart transplants, 58 liver transplants, 224 lung transplants, 26 lung transplants, and 4 pancreatic transplants. This segment is anticipated to witness lucrative growth in the forthcoming years.

Moreover, initiatives undertaken by organizations in the form of mergers and acquisitions, partnerships, investments, product launches, portfolio expansion, and key strategic alliances are anticipated to positively impact the market growth. For instance, in December 2017, Irish Door Systems announced the introduction of a newly manufactured hermetic door system to its existing portfolio. These doors were launched for environments such as laboratories, operating rooms, hospitals, and other facilities that require hygiene. The launch was aimed at supporting the company in gaining a competitive edge in the Irish sector.

North America dominated the market in 2020. This growth can be attributed to the increasing prevalence of cancer and arthritis and the growing number of hospitals and ambulatory surgical centers in the region. In addition, the booming geriatric population, increasing consumer preference for minimally invasive and non-invasive surgical procedures, and technological advancements are driving the market in the region. Furthermore, the growing number of COVID-19 patients in the region is increasing the demand for more hospitals.

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North America, Europe & Asia Pacific Operating Room Doors And Walls Market Report Highlights

• On the basis of product, the walls segment dominated the market in 2020 owing to the growing need to avoid the spread of harmful pathogens within the operating room
• Based on door type, hermetic doors dominated the market in 2020 owing to their benefits such as airtight, watertight, sound-proof, and anti-cross contamination environment as compared to swing doors
• By end use, the hospitals segment dominated the market with a revenue share of 92.0% in 2020 owing to the increasing number of new hospitals and rising investments for their up-gradation
• North America dominated the market in 2020 owing to the growing geriatric population and the increasing prevalence of chronic diseases in the region

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North America, Europe & Asia Pacific Operating Room Doors And Walls Market Segmentation

Grand View Research has segmented the North America, Europe, and Asia Pacific operating room doors and walls market based on product, door type, end-use, and region:

North America, Europe & Asia Pacific Operating Room Doors And Walls Product Outlook (Revenue, USD Million, 2016 - 2028)

• Doors
• Walls

North America, Europe & Asia Pacific Operating Room Doors And Walls Door Type Outlook (Revenue, USD Million, 2016 - 2028)

• Hermetic Doors
  • Sliding Doors
  • Swing Doors
• Hinge Doors

North America, Europe & Asia Pacific Operating Room Doors And Walls End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ambulatory Surgical Centers

North America, Europe & Asia Pacific Operating Room Doors And Walls Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
  • Belgium
  • Netherlands
  • Ireland
  • Poland
  • Austria
  • Switzerland
  • Norway
  • Sweden
  • Denmark
  • Finland
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Singapore
  • Australia
  • New Zealand

List of Key Players of North America, Europe & Asia Pacific Operating Room Doors And Walls Market

• Lindner Group
• Dortek
• STANLEY Access Technologies, LLC
• MEDIK Hospital Design GmbH
• Tane Hermetic, S.L.
• Manusa
• Leocon-Group
• Grupsa Door Systems
• KOS Spezialtüren GmbH
• Chase Doors
• AMENSCO
• SPENLE
• VIESSMANN TECHNOLOGIES GmbH
• Bawer S.p.A
• ASSA ABLOY Entrance Systems
• SAMEKOM
• HT labor
• Integromed
• Alvo
• Getinge Hospital Solutions
• SHD
• Label
• Medifa
• Vamed
• Hermitel/Innoroom
• Dagard
• Nexor
• CCG
• Interflow
• Jan Snel
• GEZE
• Infraca Quality Doors
• Thermod
• Young Medical
• Remax PTY Ltd.
• Tormax automatic Door systems
• Gilgen Door Systems AG
• Interfurn
• DormaKaba

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.

Portable Lithium Power Station Market is Estimated To Attain USD 282.0 Million by 2028

 Portable Lithium Power Station Market Growth & Trends

The global portable lithium power station market size is expected to reach USD 282.0 million by 2028, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 13.2% from 2021 to 2028. With the improvement in battery technology, coupled with the increasing demand for portable power packs from the consumer electronics sector for powering notebooks, mobiles, tablets, and other smart devices, the demand for portable lithium power stations is anticipated to grow over the forecast period. Additionally, the rising demand for portable lithium power stations in a variety of application areas, including automotive, off-grid, and emergency power, is expected to create significant opportunities for the vendors operating in the market over the forecast period.

The key factors driving the market are the increasing penetration of smart electronic devices, rising demand for reliable and uninterrupted power, and stringent emission rules across regions. Moreover, the stringent regulations made by the government bodies on carbon emission and the growing adoption of advanced technologies by the customers are the key challenges faced by the vendors with regards to manufacturing the products that are planned with the latest demanding features and applications, which surely limits the market from expanding its reach.

The market is served by a blend of large players with international presence and capabilities to serve customers from different regions and local and domestic players that are having a strong foothold in the local markets. The key strategies adopted by these players include product launches, product development, expansions & investments, and partnerships and collaborations. New product development and launches were the most common strategies adopted in the past few years by the majority of vendors operating in the market. Moreover, partnerships and collaborations were another majorly adopted strategy by vendors to reinforce their product and service offerings and footprints across the globe. However, a decrease in the sales of electric vehicles, coupled with imposed restrictions on tourism and travel during the COVID-19 situation, is hindering the market growth. Asia Pacific is expected to witness substantial growth over the forecast period owing to the rising demand for portable lithium power stations to ensure continuous power supply during power outages, outdoor recreational activities, and camping in China, India, and Japan

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Portable Lithium Power Station Market Report Highlights

• By type, the solar power segment is anticipated to witness significant growth in the years to come owing to the increasing emphasis on the use of renewable energy
• The 1,000 Wh to 1,499 Wh capacity segment is anticipated to witness high growth as 1,000 Wh to 1,499 Wh power stations are increasingly used for powering large-sized devices and equipment along with multiple smaller devices, such as smartphones, tablets, and laptops
• The e-commerce sales channel segment is anticipated to witness significant growth over the forecast period owing to the growing penetration of digital platforms for transactions, coupled with the rising number of smartphone users
• The off-gird application segment is anticipated to register the highest CAGR over the forecast period owing to the increasing outdoor recreational and camping activities across the globe, which is expected to create healthy demand for portable lithium power stations to fulfill the power requirements at remote locations
• The industrial end-use segment is expected to grow at a significant rate over the forecast period owing to the growing need for continuous power and the availability of industrial-grade portable lithium power station

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Portable Lithium Power Station Market Segmentation

Grand View Research has segmented the global portable lithium power station market based on type, capacity, sales channel, application, end use, and region:

Portable Lithium Power Station Type Outlook (Revenue, USD Million, 2016 - 2028)

• Direct Power
• Solar Power

Portable Lithium Power Station Capacity Outlook (Revenue, USD Million, 2016 - 2028)

• Less Than 500 WH
• 500 WH to 999 WH
• 1,000 WH to 1,499 WH
• 1,500 WH and Above

Portable Lithium Power Station Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

• E-commerce
• Brick and Mortar

Portable Lithium Power Station Application Outlook (Revenue, USD Million, 2016 - 2028)

• Emergency Power
• Off-grid
• Automotive

Portable Lithium Power Station End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial
• Industrial

Portable Lithium Power Station Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Portable Lithium Power Station Market

• ALLPowers Industrial International Co., Ltd.
• Blackfire, Inc.
• Bluetti
• EcoFlow
• EGO POWER+
• Goal Zero
• Greenway Power Co. Ltd.
• Jackery Inc.
• Li Power (Shenzhen) Technology Co., Ltd.
• Lion Energy
• Midland Radio Corporation
• Nexpow LLC
• Suaoki
• Westinghouse Electric 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.

Micro-mobility Market Set to Surge Significantly During 2021-2028: Grand View Research Inc.

 Micro-mobility Market Growth & Trends

The global micro-mobility market size is expected to reach USD 69.32 billion by 2028, registering a CAGR of 13.7%, from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The growing carbon emission by traditional fuel-based vehicles has been a key concern for government authorities. The sustainability move toward smart cities is one of the key factors responsible for the adoption of eco-friendly and cost-effective transportation. Since the electric kick scooters, electric bicycles, and electric skateboards run on batteries, there are no carbon or gaseous emissions from these vehicles. This mode of transportation is gaining popularity amongst environmentally conscious commuters. Adopting such eco-friendly vehicles not only reduces the carbon and sulfur emissions in the atmosphere but also decreases fuel consumption. Furthermore, these vehicles use ultra-quiet chains for operating the electric motor, thereby facilitating noise-free rides.

The market growth can be attributed to the growth of the shared micro-mobility service industry across the world, which has spurred the demand for electric kick scooters, electric bicycles, and electric skateboards. Companies such as Bird Rides, Inc.; Lime; Spin; and Uber Technologies Inc. offering electric scooter-sharing services, are procuring electric kick scooters mainly from manufacturers such as Ninebot-Segway, Yadea Technology Group Co., Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., and Xiaomi.

Furthermore, the penetration of electric kick scooter-sharing services is witnessing an exponential adoption rate since 2016. Companies such as YoBike and Pony Bikes; Urbo Solutions and Bleeper Bikes; and Bykeare offering electric bicycle-sharing services across Europe. The growth of the market can be attributed to the increasing adoption of scooters and bicycles as the preferred mode of transportation, especially from the time when electric kick scooters and electric bicycles entered this market space.

The Asia Pacific region is expected to emerge as the prominent region with China as the largest electric kick scooters market owing to the presence of several electric kick scooter manufacturers such as JIANGSU XINRI E-VEHICLE CO., Air wheel Holding Limited, Yadea Technology Group Co., Ltd., LTD., and Xiaomi in China. The country accounted for the largest share of the market in 2020. Moreover, the regional market growth can be attributed to the increasing need for reducing carbon emissions and developing technologically advanced and fast-charging stations.

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Micro-mobility Market Report Highlights

• The electric bicycle segment dominated the market in 2020 and is expected to reach USD 62.52 billion by 2028
• The sealed lead-acid battery segment dominated the market in 2020 and is expected to reach USD 36.68 billion by 2028
• Asia Pacific is projected to account for the largest market share and is expected to reach USD 32.01 billion by 2028
• Some of the prominent participants in the industry are Yadea Technology Group Co. Ltd.; JIANGSU XINRI E-VEHICLE CO., LTD.; Xiaomi; SEGWAY INC.; SWAGTRON; Boosted USA; Airwheel Holding Limited; YAMAHA MOTOR CO. LTD.; Accell Group; and Derby Cycle

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Micro-mobility Market Segmentation

Grand View Research has segmented the global micro-mobility market based on vehicle type, battery, voltage, and region:

Micro-mobility Vehicle Type Outlook (Revenue, USD Million, 2018 - 2028)

• Electric Kick Scooters
• Electric Skateboards
• Electric Bicycles

Micro-mobility Battery Outlook (Revenue, USD Million, 2018 - 2028)

• Sealed Lead Acid
• NiMH
• Li-Ion

Micro-mobility Voltage Outlook (Revenue, USD Million, 2018 - 2028)

• Below 24V
• 36V
• 48V
• Greater than 48V

Micro-mobility Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Micro-mobility Market

• Yadea Technology Group Co., Ltd.
• JIANGSU XINRI E-VEHICLE CO., LTD.
• Xiaomi
• SEGWAY INC.
• SWAGTRON
• Boosted USA
• Airwheel Holding Limited
• YAMAHA MOTOR CO., LTD.
• Accell Group
• Derby Cycle

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 Lighting Market Projected To Be Worth USD 46.90 Billion By 2028: Grand View Research Inc.

 Smart Lighting Market Growth & Trends

The global smart lighting market size is expected to reach USD 46.90 billion by 2028, registering a CAGR of 20.4%, from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The market growth is attributable to the development of smart cities, the rising trend of smart homes, intelligent street lighting systems, and the need for implementing energy-efficient lighting systems. Although smart lights are expensive compared to general lights, their advantages outweigh the overall installation cost. However, the high price of smart lights restricted market growth as the purchasing capacity of the middle-class income group declined during the COVID-19 pandemic.

The new trend of home automation is penetrating houses with middle and high-income group consumers. The trend is further fueled by constantly evolving IoT technology for smart homes; wherein smart lights can be connected to control the functions of electronic devices. Moreover, personal assistants such as Alexa, Crotona, and Siri can be synced with a smart light app to control lighting hue, brightness, on/off time, and other functions using only voice commands. Similar transformation using smart lights has also penetrated the commercial spaces. Retail has emerged as the top beneficiary of smart lighting. Apart from energy efficiency, the “smart” lighting systems installed in retail stores are leveraging Bluetooth Low Energy (BLE) and Visible Light Communication (VLC) technology which allows LED light fixtures to communicate wirelessly with the antennas and cameras in smartphones. Thus smart lighting technology helps retailers reach customers visiting the shop premises to send offers and product availability information based on their purchasing pattern. Similar add-on integrated functions are expected to augment the market growth in the upcoming years.

The residential, commercial, and industrial sector is slowly making in-roads with the integration of Artificial Intelligence (AI), Internet of Things (IoT), and other technologies to extend the capability of smart lights. With aid from AI in the local network, the smart light creates safe and sustainable lighting solutions while safeguarding users' privacy as the data is not uploaded to the cloud. Data privacy has been one of the main concerns when smart lighting is connected via Wi-Fi and other wireless methods to electronic appliances. It serves as a way for hackers to infiltrate the premise network to access personal information. Moreover, the incidence of hacking has increased during COVID-19 across the internet-connected infrastructure. Hence, building a robust security infrastructure to provide internet-free offline connectivity can restrict the hacker and improve efficiency and adoption of smart lighting over the forecast period.

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Smart Lighting Market Report Highlights

• The wireless segment in the market is anticipated to witness the fastest growth over the forecast period. The growth is attributed to demand for quick connectivity in the confined area using Z-wave, ZigBee, Wi-Fi, and Bluetooth
• The hardware segment is expected to attain the highest revenue contribution in 2020 as lamps and fixtures are an inseparable component of smart lighting. The lamp and luminaire are integrated with sensors, dimmers, and other electronic components to perform controllable functions such as changing hues, dimming based on outside weather, and switching on/off as per set time
• The Asia Pacific region is expected to witness the highest growth rate over the forecast period owing to the large-scale development of smart city projects in China, Japan, and South Korea. Moreover, increasing investment from India, Singapore, Thailand, and Malaysia to install energy-efficient smart lighting will bolster the market growth across Asian countries
• Some of the major players operating in the market are Acuity Brands; Signify Holding; Honeywell International Inc.; Ideal Industries, Inc.; Häfele GmbH & Co KG; Wipro Consumer Lighting; YEELIGHT; Schneider Electric SA; and Honeywell Inc. These vendors are dominant players in the market owing to their extensive product portfolio offering a smart lighting lamp and luminaires

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Smart Lighting Market Segmentation

Grand View Research has segmented the global smart lighting market based on component, connectivity, application, and region:

Smart Lighting Component Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
  • Lamp
  • Luminaire
• Software
• Services

Smart Lighting Connectivity Outlook (Revenue, USD Million, 2017 - 2028)

• Wired
• Wireless

Smart Lighting Application Outlook (Revenue, USD Million, 2017 - 2028)

• Indoor
  • Residential
  • Commercial and Industrial
• Outdoor
  • Highways and Roadways
  • Architectural
  • Others

Smart Lighting Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Smart Lighting Market

• Acuity Brands
• Signify Holding
• Honeywell International Inc.
• Itron Inc (Streetlight Vision)
• Ideal Industries, Inc.
• Häfele GmbH & Co KG
• Wipro Consumer Lighting
• YEELIGHT
• Sengled Optoelectronics Co., Ltd.
• Verizon
• Schneider Electric SA

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.

Civil Aviation Industry to Reflect Robust Expansion During 2021-2028: Grand View Research Inc.

 COVID-19 Impact On Civil Aviation Industry, Growth & Trends

The outbreak of the COVID-19 pandemic has taken a severe toll on the global civil aviation industry, which has had to confront considerable revenue losses over the past year. The industry is poised for a gradual recovery and is expected to reach USD 1.09 trillion by 2028, registering a CAGR of 8.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. Airline operators took a drastic hit as several governments across the world imposed restrictions on the movement of people as part of the efforts to arrest the spread of coronavirus and people preferred keeping travel-related activities at bay owing to concerns over the risk of contraction of the disease. The demand for air travel continued to plummet as a result.

The initial response to the outbreak of the pandemic was limited to prohibiting travelers from China. However, with the rapid spread of coronavirus across the world, several governments went on to impose travel bans. The World Health Organization (WHO) coordinated with various governments to issue a global health advisory and urged people across the globe to avoid all travel activities. The subsequent dramatic decline in air passenger traffic following such containment measures poses a severe threat to numerous incumbents of the aviation industry.

At this juncture, airline operators are focusing aggressively on reviving themselves amid the challenging situation. Airlines are also focusing on regaining passengers' trust by ensuring sanitized cabins and guaranteeing touchless travel. At the same time, several governments worldwide are instilling cash in the aviation industry. Numerous airlines in the U.S. and the Gulf have already become solvent, even with reduced revenue inflows, leveraging the support they received from their respective governments.

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COVID-19 Impact On Civil Aviation Industry, Report Highlights

• Both domestic and international air passenger traffic plummeted approximately 60% over the year in 2020. However, domestic air travel is recovering ahead of international air travel as various governments are easing the restrictions on the movement of people and permitting domestic air travel
• Airlines are putting a strong emphasis on enhancing the traveling experience by implementing solutions based on the latest technologies, such as thermal scanning, biometric scanning, and UV ray disinfection
• Asia Pacific is expected to recover faster than other regional markets. The level of consumer confidence among passengers in the region has been improving as a result of the efforts being pursued by the governments in the region to contain the spread of coronavirus
• Operators, including American Airlines, Alaska Airlines, and South West Airlines, are adopting unique marketing plans to attract passengers as part of the efforts to augment the revenues

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Civil Aviation Industry Segmentation

Grand View Research has segmented the global COVID-19 impact on civil aviation industry based on region:

COVID-19 Impact on Civil Aviation Regional Outlook (Revenue, USD Billion, 2018 - 2028)

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

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.

Home Bedding Is Extremely Important For A Good Sleep

 

Know More- https://www.grandviewresearch.com/industry-analysis/home-bedding-market

The increasing popularity of low-profile beds and greyscale color palettes indicating the trend of minimalist bedrooms is driving the market in the global scenario. In addition, the growing adoption of adjustable beds, particularly among the baby boomer generation, is increasing the demand for customized mattresses and bed linens, thus boosting the sales of home bedding products across the globe. The boom in the housing sector and growing consumer spending on home furnishings have expanded the growth scenario for the market.

Aluminum Die Casting Market is Projected to Boost USD 35.64 Billion by 2028: Grand View Research Inc.

 Aluminum Die Casting Market Growth & Trends

The global aluminum die casting market size is expected to reach USD 35.64 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2021 to 2028. The growth of the telecommunication sector, coupled with the increasing demand for lightweight materials from the automotive and aerospace industries, is expected to propel the market growth in the coming years.

Die casting is a process performed by forcing molten aluminum into a steel die (mold) under pressure. Based on production process, the market is segregated into pressure die casting and other processes. Pressure die casting is further segmented into high and low, where the former constitutes a larger share owing to its higher production rates. On average, European vehicles consist of 80-100 kilograms of high pressure die casting (HPDC) components. Other types of die casting include vacuum and squeeze, which find use in applications, such as solar sensors and turbine blades.

Aluminum die casting components are extensively used in numerous industries, including transportation, industrial, building and construction, telecommunication, consumer durables, and energy. The transportation industry is anticipated to maintain its lead over the forecast period as it is the key consumer of aluminum die casting. Aluminum die-cast parts are used in general road and sports road transportation, heavy vehicles, and aerospace sectors.

Asia Pacific is anticipated to register the fastest growth rate over the forecast period. Progress in manufacturing activities in developing economies of the region is propelling product demand. For instance, in September 2020, Hyundai Motor began production at its second plant in Vietnam, which is expected to increase the production capacity by 140%.

Rising product demand has led to increased competitive rivalry in the market. Major market players are set to gain a competitive edge and recover their losses from the previous year owing to the pandemic, through means of strategic initiatives such as mergers & acquisitions and increasing production capacities.

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Aluminum Die Casting Market Report Highlights

• Based on application, telecommunication is expected to register the highest CAGR of 6.8% in terms of revenue over the forecast period owing to increasing technological advancements and rising investments in the sector
• In the pressure die casting production process segment, HPDC held the largest revenue share in 2020 and is anticipated to maintain its lead over the forecast period. This can be attributed to the high preference for HPDC among casting manufacturers owing to the high efficiency of the process
• Asia Pacific held the largest revenue share of over 45.0% in 2020 on account of the increasing investments in developing economies pertaining to capacity expansions, especially in the transportation industry
• In North America, the U.S. accounted for a revenue share of over 64.0% in 2020. Rising construction spending, coupled with EV production in the country, is expected to prove fruitful for the market growth during the coming years

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Aluminum Die Casting Market Segmentation

Grand View Research has segmented the global aluminum die casting market on the basis of production process, application, and region:

Aluminum Die Casting Production Process Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Pressure Die Casting
  • High Pressure Die Casting
  • Low Pressure Die Casting
• Others

Aluminum Die Casting Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Transportation
  • General Road Transportation
  • Sports Road Transportation
  • Heavy Vehicles
  • Aerospace & Aviation
• Industrial
  • Agricultural Equipment
  • Construction Equipment
  • Others
• Building & Construction
• Telecommunication
• Consumer Durables
• Energy
• Others

Aluminum Die Casting Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Aluminum Die Casting Market

• Alcast Technologies
• BUVO Castings
• Chongqing CHAL Precision Aluminium Co., Ltd.
• Consolidated Metco, Inc.
• Endurance Technologies Limited
• FAIST Group
• GF Casting Solutions
• GIBBS
• Martinrea Honsel Germany GmbH
• Madison-Kipp Corporation
• Ryobi Limited

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.