Europe Computer Numerical Control Machine Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Europe Computer Numerical Control Machine Market Growth & Trends

The Europe computer numerical control machine market size is expected to reach USD 37.27 billion by 2028, expanding at a CAGR of 7.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The rising demand for multi-axis computer numerical control (CNC) machines equipped with automatic tool changers is expected to drive the growth of the market over the forecast period. CNC machines facilitate the production of components in lesser time and with greater accuracy. Advances in automation technology over the past few years have allowed manufacturers to introduce solutions that can potentially reduce a significant amount of repetitive work, and subsequently, the machining time.

Suppliers and buyers are struggling to maintain a seamless flow of goods and services as a result of the outbreak of the COVID-19 pandemic and the subsequent restrictions being imposed as part of the efforts to arrest the spread of coronavirus. Developing countries are particularly facing the direct consequences of supply chain disruptions and restricted trading activities. The outbreak of the pandemic has also resulted in the cancellation of several product launch events in 2020, thereby depriving manufacturers of the opportunity to showcase and market their new products and technologies. However, manufacturers have started convening online events to showcase their new products and technologies. For instance, in August 2020, Biesse Group had hosted the “Inside In Action”, a new hybrid, digital, and live online event to bring all divisions onto a common platform.

Europe is considered the hub of automobile production. European countries, such as Germany, Spain, France, and the U.K., are home to some of the largest automobile manufacturers. The strong emphasis on increasing the production capacity of various vehicles, such as cars, trucks, cranes, and carriage vehicles, is expected to drive the growth of the market over the forecast period.

Market players are putting a strong emphasis on strengthening their position in the market and are hence pursuing various strategies, such as new product development, strategic collaborations or joint ventures, and mergers & acquisitions. Most of these strategies are aimed at expanding the geographical reach, tapping untapped geographies, and enhancing the product offerings. For instance, in November 2020, AXYZ Automation Group announced the addition of the new AXYZ Innovator Router to its CNC machine lineup. AXYZ Innovator Router is an entry-level CNC router designed to deliver high performance and precision accuracy and is targeted at prototyping shops, woodworking shops, sign & graphics shops, and educational institutions.

Request a free sample copy or view report summary: Europe Computer Numerical Control Machine Market Report

Europe Computer Numerical Control Machine Market Report Highlights

• The milling machines segment is anticipated to expand at the highest CAGR from 2021 to 2028. The ability of milling machines to perform operations on slots, gears, shafts, spiral surfaces, and several other curved surfaces, is expected to drive the demand for these machines
• The automotive segment is expected to grow significantly over the forecast period owing to the presence of several automotive manufacturers in Europe
• Italy is anticipated to register the highest CAGR from 2021 to 2028. The strong manufacturing industry in Italy, which comprises a few multinational companies and several SMEs, is expected to play a decisive role in driving the growth of the CNC machine market in Italy

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-computer-numerical-control-cnc-machine-market-analysis

Europe Computer Numerical Control Machine Market Segmentation

Grand View Research has segmented the Europe computer numerical control machine market based on type, end-use, and country:

Europe CNC Machines Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

• Lathe Machines
• Milling Machines
• Laser Machines
• Grinding Machines
• Welding Machines
• Winding Machines
• Others

Europe CNC Machines End-use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

• Automotive
• Aerospace & Defense
• Construction Equipment
• Power & Energy
• Industrial
• Others

Europe CNC Machines Country Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

• Germany
• Italy
• France

List of Key Players in the Europe Computer Numerical Control Machine Market

• Amada Machine Tools Co., Ltd.
• Amera-Seiki
• DMG Mori Co., Ltd.
• Dalian Machine Tool Group Corporation
• FANUC Corporation
• Haas Automation, Inc.
• Hurco Companies, Inc.
• Okuma Corporation
• Shenyang Machine Tool Co., Ltd.
• Yamazaki Mazak 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.

Global Market for Multiparameter Patient Monitoring Systems to Reflect Steadfast Expansion During 2021-2028: Grand View Research Inc.

 Multiparameter Patient Monitoring Systems Market Growth & Trends

The global multiparameter patient monitoring systems market size is anticipated to reach USD 16.1 billion by 2028, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Rising health concerns and resultant need to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems.

The market growth is also supported by the increasing need for hospital transport, such as intrahospital or out-of-the-hospital transport. For special examination and therapy, hospitals require intrahospital transport, which calls for more continuous monitoring of vital signs including heart rate, blood pressure, blood oxygen saturation by pulse oximetry, and electrocardiography.

Healthcare providers are continually looking for innovative products to provide superior quality of care, which is also expected to drive the market. Mobile solutions, data integration low-acuity monitoring remain key trends to improve the cost efficiency of patient monitoring solutions. Key companies are introducing advanced products, such as integrated remote monitoring solutions with added features of greater connectivity through cloud technology and WiFi.

For instance, Radius-7 Pulse Co-Oximeters by Masimo Corp., which got U.S. FDA approval in March 2020. It is a wearable patient monitor with flexible functionality of WiFi, Bluetooth, and alarms.

Request a free sample copy or view report summary: Multiparameter Patient Monitoring Systems Market Report

Multiparameter Patient Monitoring Systems Market Report Highlights

• The portable segment is anticipated to grow at the fastest CAGR of 6.1% from 2020 to 2027 due to growing home healthcare and easy mobility across different departments within the hospital
• The hospital end-use segment led the market in 2019 due to high demand for modern healthcare facilities
• North America held the maximum share of the global market in 2019 due to the availability of technologically advanced equipment and high quality of healthcare system
• Asia Pacific is estimated to be the fastest-growing regional market during the forecast years due to increasing awareness about technologically advanced monitoring systems

Access Press Release@ https://www.grandviewresearch.com/press-release/global-multiparameter-patient-monitoring-systems-market

Multiparameter Patient Monitoring Systems Market Segmentation

Grand View Research has segmented the global multiparameter patient monitoring systems market based on device type, acuity level, age group, end-use, and region:

Multiparameter Patient Monitoring Systems Device Type Outlook (Revenue, USD Million, 2016 - 2028)

• Portable
• Fixed

Multiparameter Patient Monitoring Systems Acuity Level Outlook (Revenue, USD Million, 2016 - 2028)

• High
• Medium
• Low

Multiparameter Patient Monitoring Systems Age Group Outlook (Revenue, USD Million, 2016 - 2028)

• Pediatric
• Adult
• Geriatric

Multiparameter Patient Monitoring Systems End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Homecare Settings
• Ambulatory Surgical Centers
• Others

Multiparameter Patient Monitoring Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Multiparameter Patient Monitoring Systems Market

• Koninklijke Philips N.V.
• GE Healthcare
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Drägerwerk AG & Co. KGaA
• Medtronic
• MASIMO CORPORATION
• Skanray Technologies
• SCHILLER
• Spacelabs Healthcare
• Smiths Medical
• SternMed GmbH

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.

The Evolution of the Engineering Services Outsourcing Industry

 

Know More- https://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

The increasing collaboration between Engineering Service Providers (ESPs) and Original Equipment Manufacturers (OEMs) is expected to emerge as one of the primary factors contributing to the growth in the adoption of engineering services outsourcing (ESO). The globalization of R&D activities, the rising demand for integrating the latest technologies in the product offerings, and the growing need to shorten the product lifecycles and cut costs are also expected to contribute to the growth of the market. The ESO market has been evolving continuously in line with the strong emphasis of the clients on outsourcing various services as part of the efforts to cut costs.

Self-driving Cars & Trucks Will Change Everything

 

Know More- https://www.grandviewresearch.com/industry-analysis/driverless-cars-market

Self-drive cars, also known as autonomous vehicles, are a key innovation in the automotive industry. These vehicles have high growth potential and are acting as a catalyst in technological developments of automobiles.

North America Plastic Recycling Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 North America Plastic Recycling Market Growth & Trends

The North America plastic recycling market size is expected to reach USD 7.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.1% from 2021 to 2028. Recycled plastic packaging provides an environment-friendly solution compared to virgin plastic. The growing use of recycled plastics in packaging is expected to fuel the demand for plastic recycling in the region. The packaged food industry in North America has grown tremendously in recent years.

The packaged food industry is driven by innovation in processing techniques, which are used for enhancing the shelf life of food products. The demand for packaging is high, especially for snack food and beverage products, which can be attributed to technological improvements, lifestyle changes of consumers, modern retail trades, and the increasing popularity of quick-service restaurants. For example, consumers in North America prefer packaging that is light and aesthetically appealing. This is likely to fuel the growth of packaging in the coming years, thereby creating demand for plastic recycling.

Furthermore, growing demand for packaged foods is anticipated to prompt manufacturers to increase production capacity, thereby, augmenting the demand for packaging over the forecast period. For instance, The Coca-Cola Company, which is engaged in the production of beverages, has achieved 88% of its packaging products made from recycled plastics in 2019 and aims to increase this number to 100% by 2025. In recent years, there has been a significant shift toward the adoption of recycled plastics as a sustainable packaging solution.

The outbreak of COVID-19 has further fueled the growth of packaging. Social distancing measures, health awareness, and lockdown imposed by various governments to contain the spread of the pandemic have compelled consumers to rely more on food delivery services and e-commerce sites. Thus, the growing packaging industry is anticipated to create significant demand for recycled plastics in coming years thereby, further propelling the growth of the market in the region.

The recycled polyethylene product segment is estimated to witness significant growth over the forecast period. This is attributed to the rising consumption of polyethylene for the production of reusable bags, agriculture films, toys, milk bottles, housewares, containers, shampoo bottles, trays, food packaging films, and toys, among others. Furthermore, properties such as excellent resistance to solvents, high tensile strength, flexibility, toughness, and relative transparency are driving the demand for polyethylene in the above-mentioned application.

Request a free sample copy or view report summary: North America Plastic Recycling Market Report

North America Plastic Recycling Market Report Highlights

• In terms of revenue, the polyethylene segment accounted for a prominent share in the market in 2020 and is further expected to witness prominent growth over the forecast period
• The packaging end-use segment dominated the market and accounted for more than 36.0% of the revenue share in 2020
• As of 2020, the U.S. accounted for more than 90.0% revenue share in the overall market. Growing environmental concerns and government investments in advanced plastics recycling technologies are expected to positively influence the growth of the market in the U.S.
• Various strategic initiatives were recorded over the past few years to boost the growth of the market in North America. For instance, in February 2020, Carbonlite Inc. planned to construct its fourth PET recycling plant near Orlando, Florida in the U.S. The plant is expected to be functional by the end of 2021, with a recycling capacity of 40,000 tons per annum

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-plastic-recycling-market-analysis

North America Plastic Recycling Market Segmentation

Grand View Research has segmented the North America plastic recycling market on the basis of basis of product, process, end-use, and country:

North America Plastic Recycling Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Polyethylene
  • High-Density Polyethylene
  • Low Density Polyethylene
  • Linear Low-Density Polyethylene
• Polyethylene Terephthalate
• Polypropylene
• Polyvinyl Chloride
• Polystyrene
• Others

North America Plastic Recycling Process Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Chemical
• Mechanical

North America Plastic Recycling End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Building & Construction
• Packaging
• Electrical & Electronics
• Textiles
• Automotive
• Others

North America Plastic Recycling Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• US.
• Canada

List of Key Players of North America Plastic Recycling Market

• Agilyx
• Brightmark LLC
• PLASTIPAK HOLDINGS, INC.
• MBA Polymers Inc.
• UltrePET LLC
• KW Plastics

About Grand View Research

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

Fire Suppression System Market Size Is Expected To Reach USD 23.76 Billion by 2028

 Fire Suppression System Market Growth & Trends

The global fire suppression system market size is expected to reach USD 23.76 billion by 2028, registering a CAGR of 5.0% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Fire suppression systems help in protecting infrastructure, buildings, and their inhabitants from potential fire hazards. The growing need to prevent casualties and damage to property due to fire breakouts is expected to drive the demand for fire suppression systems over the forecast period. Organizations are investing aggressively in installing fire suppression systems to safeguard their infrastructure and employees from fire hazards. The strong emphasis manufacturing units and incumbents of various industries and industry verticals, such as oil and gas, and power and energy, are putting on protecting their critical machinery and infrastructure from potential fire outbreaks also bodes well for the growth of the market.

Stringent rules and regulations drafted by various governments across the globe are mandating the installation of fire suppression systems. At the same time, the codes and standards developed by the National Fire Protection Association (NFPA) are also helping in ensuring that facilities are protected against damage in case of an emergency. The American Petroleum Institute also offers several resources to help the incumbents of the oil and gas industry in identifying potential fire safety hazards and provides them with solutions for prevention and protection.

The growing awareness among end consumers regarding fire safety is expected to play a vital role in driving the growth of the market over the forecast period. Growing construction activity in both developed and developing economies and the strong emphasis on refurbishing sprinkler systems are expected to foster the growth of the market. The growing preference for advanced and eco-friendly fire suppression systems also bode well for the growth.

Request a free sample copy or view report summary: Fire Suppression System Market Report

Fire Suppression System Market Report Highlights

• The market is estimated to reach USD 23.76 billion by 2028, driven by the rising construction and infrastructure development activities and the stringent rules and regulations drafted by various governments mandating the use of fire safety equipment
• The fire extinguisher segment accounted for a revenue share of over 50% in 2020 as a result of the aggressive investments made by various companies in installing fire suppression systems
• The commercial segment is expected to dominate the market over the forecast period owing to the aggressive investments being made by enterprises in protecting property, infrastructure, and people from potential fire hazards
• North America dominated the global market in 2020 owing to stringent government rules and regulations mandating the installation of fire suppression systems in buildings

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

Fire Suppression System Market Segmentation

Grand View Research has segmented the global fire suppression system market based on product, fire extinguisher type, application, and region:

Fire Suppression System Product Outlook (Revenue, USD Million, 2018 - 2028)

• Fire Extinguisher
• Fire Sprinkler

Fire Suppression System Fire Extinguisher Type Outlook (Revenue, USD Million, 2018 - 2028)

• Gas
• Water
• Dry Chemical Powder
• Others

Fire Suppression System Application Outlook (Revenue, USD Million, 2018 - 2028)

• Commercial
• Industrial
• Residential

Fire Suppression System Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Fire Suppression System Market

• Fike Corporation
• Gentex Corporation
• Halma PLC
• Hochiki Corporation
• Honeywell International Inc.
• Johnson Controls
• Robert Bosch GmbH
• Siemens AG
• United Technologies 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.

Network Traffic Analysis Market to Record an Exponential CAGR by 2028: Grand View Research Inc.

 Network Traffic Analysis Market Growth & Trends

The global network traffic analysis market size is anticipated to reach USD 5.69 billion by 2028, expanding at a CAGR of 9.7% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. Network Traffic Analysis (NTA) comprises general network operations and management; recording, reviewing, and analyzing the network traffic for performance and security; and identifying the anomalies. The growing internet penetration rate, the shifting consumer preference toward online platforms, the continued adoption of the Bring Your Own Device (BYOD) trend, and the subsequent upsurge in cybercrime have triggered the need to handle the network traffic and complexity efficiently, thereby driving the demand for advanced network management systems.

Cloud-based deployment is expected to gain traction over the forecast period as most organizations are aggressively adopting work-from-home and remote working practices in the wake of the outbreak of the COVID -19 pandemic. Cloud-based deployment provides adequate agility as organizational data can be stored over the cloud and accessed in real-time, irrespective of the location, for further comprehensive analysis. However, cloud-based deployments also increase the volumes of data being exchanged over the data networks, thereby driving the need for robust network traffic analysis solutions.

North America accounted for the largest revenue share of the global market in 2020. The U.S. and Canada, which are considered the most developed economies in the North America continent, are equally known for aggressive adoption of the latest and advanced technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. A strong and well-developed IT infrastructure deployed in the region bodes well for aggressive adoption of network traffic analysis solutions.

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

Network Traffic Analysis Market Report Highlights

• The software segment dominated the market in 2020 with a revenue share of more than 60% as enterprises continued to adopt various network traffic analysis software to handle the network traffic
• The cloud segment is expected to grow over the forecast period owing to the benefits, such as cost-saving, agility, and convenience in accessing the data, provided by cloud-based deployment and the continued adoption of Work From Home (WFH) policy by organizations
• The small and medium enterprise segment is anticipated to expand at the highest CAGR from 2021 to 2028 owing to the growing awareness about network traffic analysis and its benefits among small and medium enterprises
• North America dominated the market in 2020 owing to the early and aggressive adoption of the latest and advanced technologies, such as IoT and cloud computing, which has been driving the demand for network traffic analysis solutions in the regional market

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

Network Traffic Analysis Market Segmentation

Grand View Research has segmented the global network traffic analysis market based on component, deployment, organization, vertical, and region:

Network Traffic Analysis Component Outlook (Revenue, USD Million, 2018 - 2028)

• Software
• Service

Network Traffic Analysis Deployment Outlook (Revenue, USD Million, 2018 - 2028)

• On-premise
• Cloud

Network Traffic Analysis Organization Outlook (Revenue, USD Million, 2018 - 2028)

• Small and Medium Enterprises
• Large Enterprises

Network Traffic Analysis Vertical Outlook (Revenue, USD Million, 2018 - 2028)

• BFSI
• Healthcare
• Government
• Retail
• Education
• Others

Network Traffic Analysis Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Network Traffic Analysis Market

• Awake Security Inc.
• Broadcom Corporation
• Cloudflare, Inc.
• Core Security Technologies
• NEC Corporation
• NETSCOUT Systems, Inc.
• Netreo Incorporated
• SolarWinds

About Grand View Research

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

Industrial Starch Market: Advanced Technologies and Growth Opportunities Worldwide By 2028

 Industrial Starch Market Growth & Trends

The global industrial starch market size is expected to reach USD 167.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2020 to 2028. The increasing consumption of convenience food products, coupled with the growth of the pharmaceutical and paper industry, is anticipated to augment the demand for industrial starches.

The packaged food industry is witnessing rapid growth on account of the changing eating habits of consumers. Factors such as long working hours, increasing young working population, and convenient access to packed food with a rising number of large retail marts have contributed to the changing lifestyles of consumers. This trend has been boosting the growth of the food processing industry, thereby positively impacting the market growth.

Governmental initiatives aimed at supporting the international trades and local production output of food and beverage products are further expected to support the industry growth. For instance, the government of Saudi Arabia introduced two initiatives worth USD 692.10 million each, post-COVID-19, for facilitating food imports and supporting the local farmers. European Commission passed a regulation (EC) No. 1333/2008, intended for the fortification of additives in the domestic food and beverage industry.

Players have been focusing on the development of starches providing enhanced texture and mouthfeel. Rising consumer preference for healthy, low fat, and low sugar products has impelled players to develop innovative product ranges with additional functionalities. For instance, in March 2021, Ingredion launched ULTRA-TEX 1311 modified potato starch. This starch can be used as an alternative to oil providing better sensory properties, and thereby suitable to be used in low-fat, reduced-fat, keto-friendly, and plant-based food applications.

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

Industrial Starch Market Report Highlights

• In terms of source, wheat-based industrial starch is projected to expand at the highest revenue-based CAGR of 7.6% over the forecast period. Wheat starch finds a wide range of applications in the food and beverage, paper, paperboard, and textile industries. It is also used in cotton finishing and laundry sizing as it offers a stiffer finish at a lower temperature compared to corn starch
• By product, the native starch and starch derivatives and sweeteners segment held the largest revenue share of over 60.0% in 2020 and is expected to register the highest revenue-based CAGR over the forecast period. Starch-based sweeteners include maltose syrup, glucose, maltodextrin, liquid sorbitol, and dextrose monohydrate. The growing demand for sweeteners from the food and pharmaceutical market to mask the off-flavors and enhance the taste is expected to drive the industry
• Europe held the second-largest revenue share in 2020 and is expected to register a strong CAGR over the forecast period, which can be attributed to the growing applications of starch in the non-food industries. As per Starch Europe, about 41% of starch in Europe was consumed by non-food applications, whereas paper making was the key application area as of 2020
• Corn and wheat are the major sources of starch, however, players have been focusing on utilizing varied starch sources to offer well-differentiated products. For instance, in February 2021, Tate & Lyle PLC acquired an 85% stake in Chaodee Modified Starch Co., Ltd., engaged in tapioca starch manufacturing in Thailand. This is expected to expand the company’s portfolio in tapioca-based solutions
• Companies in the market have been focusing on expanding geographic reach and widening product portfolios to strengthen market presence. For instance, in December 2019, ADM announced the expansion of its starch portfolio for the Canadian market with a partnership with MCD N.V., a global distributor of specialty chemicals and food ingredients. The available products will be tapioca starch and corn starch, along with several other ADM solutions

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

Industrial Starch Market Segmentation

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

Industrial Starch Source Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• Corn
• Wheat
• Cassava
• Potato
• Others

Industrial Starch Product Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• Native Starch and Starch Derivatives & Sweeteners
• Cationic Starch
• Ethylated Starch
• Oxidized Starch
• Acid Modified Starch
• Unmodified Starch

Industrial Starch Application Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

• Food & Beverage
  • Bakery & Confectionery
  • Dairy & Frozen Desserts
  • Beverages
  • Convenience Foods
  • Others
• Feed
• Pharmaceuticals
• Others

Industrial Starch Regional Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Industrial Starch Market

• Cargill, Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Tate & Lyle PLC
• AGRANA Beteiligungs-AG
• Grain Processing Corporation
• Roquette Frères
• Tereos Group
• Royal Cosun
• Altia Industrial
• Global Bio-chem Technology Group Company Limited
• General Starch Limited
• Eiamheng
• Coöperatie Koninklijke Avebe U.A.
• Galam Group

About Grand View Research

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

Buy Now Pay Later Market Size Is Expected To Reach USD 20.40 Billion by 2028

 Buy Now Pay Later Market Growth & Trends

The global buy now pay later market size is expected to reach USD 20.40 billion by 2028, registering a CAGR of 22.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The market growth can be attributed to the large number of benefits offered by Buy Now Pay Later (BNPL) platforms, such as convenient and interest-free payments. These platforms are becoming increasingly popular as the preferred payment option when shopping online.

BNPL is short-term financing that allows customers to make purchases and pay for them at a future date. Moreover, buy now pay later plans don't charge interest on payments and are often easier to get approved compared to lines of credit or traditional credit cards. Various factors, such as the easy registration process on BNPL platforms and instantaneous approval for bills, are expected to contribute to the market growth over the forecast period.

Shoppers prefer buying products that allow customers to make payments in installments without charging any interest. As a result, merchants can increase their conversion rates with BNPL services. These services also offer other benefits to merchants, such as full and upfront payments, higher average transaction value, larger customer base, and repeat purchases, among others. These factors are expected to create growth opportunities for the market over the forecast period.

The COVID-19 pandemic is expected to have a positive impact on the market. BNPL is considered a convenient payment method for smaller purchases when shopping online. The increasing popularity of BNPL platforms during the COVID-19 pandemic, coupled with the growth of the e-commerce industry, is expected to create growth opportunities for the market over the forecast period.

Request a free sample copy or view report summary: Buy Now Pay Later Market Report

Buy Now Pay Later Market Report Highlights

• In terms of channel, the online segment is anticipated to register the highest growth over the forecast period. Numerous e-commerce companies are partnering with BNPL platforms. As a result, customers are shifting their preference toward online payment channels
• Small and medium enterprises are widely adopting the buy now pay later services to maximize their tax deductions. These services help enterprises in managing their expenses with flexible repayment options and transparent fees
• In terms of end use, the fashion and garment segment is expected to register the highest growth over the forecast period. Millennials are widely adopting BNPL services for paying for clothing in installments
• The presence of a large number of buy now pay later service providers in the North American region is expected to create growth opportunities for the regional market growth over the forecast period.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-buy-now-pay-later-market

Buy Now Pay Later Market Segmentation

Grand View Research has segmented the global buy now pay later market based on channel, enterprise size, end use, and region:

Buy Now Pay Later Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Online
• POS

Buy Now Pay Later Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)

• Large Enterprises
• Small & Medium Enterprises

Buy Now Pay Later End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Consumer Electronics
• Fashion & Garment
• Healthcare
• Leisure & Entertainment
• Retail
• Others

Buy Now Pay Later Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Buy Now Pay Later Market

• Afterpay
• PayPal Holdings, Inc.
• Affirm, Inc.
• Klarna Inc.
• Splitit
• Sezzle
• Perpay Inc.
• Openpay
• Quadpay, Inc.
• LatitudePay

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.

Bottled Water Market Worth $505.19 Billion By 2028

 

Know More- https://www.grandviewresearch.com/industry-analysis/bottled-water-market

Portability, easy usage and installation process, and minimal maintenance costs are the key factors to drive the market over the next few years. Furthermore, rising consumer consciousness towards the health benefits of consuming bottled water is projected to drive market growth over the forecast period. Inclination towards bottled water rather than ordinary water, particularly among younger consumers, drives product sales. Observing this trend, several restaurants are providing bottled water to meet consumer demand. Water seems to have hit a sweet spot with health-conscious buyers. The rapid expansion of restaurants in the U.S. is also foreseen to create a significant demand for bottled water in the upcoming years.

Smart Glass Everything You Want To Know...And More

 

Know More- https://www.grandviewresearch.com/industry-analysis/smart-glass-market

The emergence of energy-conservation initiatives, such as green buildings and eco-friendly structures, globally is expected to offer promising growth prospects to the market. Administrative support through financial benefits and tax initiatives globally is also stimulating the growth of the market. For instance, the European banks have a new mortgage scheme for green homes, encouraging end-users to adopt energy-saving products, such as smart glass. 

Global Automotive Emission Test Equipment Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 Automotive Emission Test Equipment Market Growth & Trends

The global automotive emission test equipment market size is expected to reach USD 971.9 million by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 5.09% from 2021 to 2028. The demand for automotive emission test systems is estimated to increase owing to stringent regulations associated with vehicle exhaust emissions and soaring need for regular periodic technical inspections (PTI) that are aimed at regulating gaseous emissions from exhaust vehicles. Rising concerns to limit adverse environmental effects caused by passenger and light-duty vehicles are also expected to drive the automotive emission test equipment market over the forecast period.

The emission test equipment segment held the largest share in the automotive emission test system market in 2018. It is likely to maintain its dominance in through 2025, on account of surging demand for testing equipment worldwide, especially from automobile manufacturers. Furthermore, the emission test services segment in the automotive emission test system market is a developed business sector across the U.S. and EU member nations. The growth of the segment can be attributed to increasing demand for service centers owing to emission targets mentioned by governments of EU countries.

Asia Pacific is poised to register the highest CAGR over the forecast period. The growth of the region can be attributed to surging adoption of emission norms and growing emphasis on ensuring that automobile manufacturers comply with the same, especially in developing countries such as China and India. These countries are focusing extensively on regulating, monitoring, and reducing greenhouse gas (GHG) emissions in order to cut down adverse effects on environment due to excessive GHG emissions by vehicle exhaust systems.

The adoption rate of periodic technical inspections, vehicle emission norms & standards, and inspection & maintenance programs is high in Europe and North America. European countries such as the U.K., Germany, France, Italy, Spain, the Netherlands, and Finland are already following vehicle emission stringent rules & regulations and have laid down strict standards & norms so as to regulate GHG emissions and other hazardous effects of pollutants emitted by vehicle exhaust systems. Therefore, Europe spearheaded the global vehicle emission test system market in 2018 owing to presence of several testing equipment manufacturers and emission testing service providers.

Key market participants in the global automotive emission test equipment market include HORIBA, Ltd., Opus Inspection, TÜV Nord Group, Gemco Equipment Ltd, and TEXA S.p.A.

Request a free sample copy or view report summary: Automotive Emission Test Equipment Market Report

Automotive Emission Test Equipment Market Report Highlights

• The emission test software segment is anticipated to register considerable growth over the forecast period. The software is used to analyze and measure data conducted through various test & inspection system
• The demand for opacity meters/smoke meters is estimated to increase over the coming years, as these devices are used to measure optical properties of smoke emitted by diesel engines
• Europe was the highest revenue-generating regional market in 2018 owing to domicile of a large number of emission testing equipment manufacturers, software developers, and related service providers
• Some of the key participants in the vehicle emission test system market are SGS SA, Sierra Instruments, Inc., Gordon-Darby, Inc., Wager Company, and Applus+.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-automotive-emission-test-equipment-market

Automotive Emission Test Equipment Market Segmentation

Grand View Research has segmented the global automotive emission test equipment market based on solution, emission equipment, and region:

Automotive Emission Test Equipment Solution Outlook (Revenue, USD Million, 2017 - 2028)

• Emission Test Equipment
• Emission Test Software
• Emission Test Services

Automotive Emission Test Equipment Emission Equipment Outlook (Revenue, USD Million, 2017 - 2028)

• Opacity Meters/Smoke Meters
• Other Vehicle Emission Test Equipment/Components

Automotive Emission Test Equipment Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
• Rest of the World

List of Key Players of Automotive Emission Test Equipment Market

• Opus Inspection
• Gemco Equipment Ltd
• TÜV Nord Group
• CAPELEC
• HORIBA, Ltd.
• Applus+
• SGS SA
• AVL LIST GmbH
• TEXA S.p.A.

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.

Laser Marking Machine Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Laser Marking Machine Market Growth & Trends

The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of advanced marking technologies across industries such as machine tools and aerospace and the growing demand for precision marking on manufactured products to improve product’s traceability are some of the factors driving the market growth. Wide-scale applications in the marking of machine tools and equipment especially in the automotive and semiconductor and electronics industries are anticipated to fuel the market demand from 2020 to 2027.

Governments are implementing regulations for permanent marking on products for identification and traceability purposes across defense as well as healthcare industry. For instance, the U.S. Department of Defense has a MIL-STD-130 standard, under which, the military property comprising weapons, artillery, and other equipment should be marked for tracking purposes. Similarly, in 2007, the Food and Drug Administration (FDA) added the requirement of Unique Device Identification System to Federal Food, Drug, and Cosmetic Act (FD&C Act) by section 226 of the Food and Drug Administration Amendments Act of 2007 (FDAAA). Such stringent government norms across economies are expected to spur the demand for laser marking machines and systems over the forecast period.

Growing focus on factory automation to enhance productivity, conserve energy, and reduce downtime is anticipated to propel the overall market demand. Moreover, emerging economies such as India are the primary markets where the trend for mass production can be witnessed over the next couple of years. Mass production can be carried out with the help of automation technologies and quick rollout assembly lines, hence attributing to the demand for automated laser marking machines. For instance, the demand for smartphones in the country has forced the manufacturers to start the local production or assembly of smartphone components.

On the flip side, the safety and health issues related to the use of laser marking technology acts as a restraint for the market. The most prominent safety issues associated with these machines are burns and smoke. Laser burns are often observed on operators working on CO₂ laser engraving and marking machines. Thus, the need for precautionary measures for ensuring safety and health, in turn, increases the operational cost. As a result, factors such as high initial investments, safety and health-related issues, and high operational costs involved in the use of laser marking machines may hamper the market growth of over the forecast period.

Request a free sample copy or view report summary: Laser Marking Machine Market Report

Laser Marking Machine Market Report Highlights

• The fiber type segment dominated the market in 2019 and is projected to continue its dominance over the forecast period, expanding at a CAGR of 9.8% from 2020 to 2027. It is owing to its extensive use on metals, thus finding prominent share in the automotive, aerospace, and machine tools industry
• The machine tools segment dominated the market in 2019 and is anticipated to reach USD 1.3 billion by 2027. Increasing demand for robotics and sensors has augmented the need for tool identification and recognition, thus driving the segment growth
• Asia Pacific region dominated the laser marking machine market with a share of 41.8% in 2019 and is expected to continue its dominance over the forecast period. Growth in the region is primarily driven by the adoption of enhanced manufacturing techniques in the Chinese machine tools industry and the flourishing aerospace & military industry

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

Laser Marking Machine Market Segmentation

Grand View Research has segmented the global laser marking machine market on the basis of type, application, and region:

Laser Marking Machine Type Outlook (Revenue, USD Million, 2018 - 2028)

• CO2 Laser
• Fiber Laser
• Green Laser
• UV Laser
• YAG Laser

Laser Marking Machine Application Outlook (Revenue, USD Million, 2018 - 2028)

• Automotive
• Aerospace
• Machine Tool
• Electronics and Microelectronics
• Medical
• Packaging
• Military
• Others

Laser Marking Machine Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Laser Marking Machine Market

• Han's Laser Technology Industry Group Co., Ltd
• Telesis Technologies, Inc.
• Videojet Technologies, Inc.
• Trotec Laser GmbH
• Epilog Laser
• TYKMA Electrox, Inc.
• MECCO
• LaserStar Technologies Corporation
• Gravotech Marking
• Sea Force Co., 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.