In-vehicle Payment Services Market Projected To Be Worth USD 12.16 Billion By 2028: Grand View Research Inc.

 In-vehicle Payment Services Market Growth & Trends

The global in-vehicle payment services market size is expected to reach USD 12.16 billion by 2028, registering a CAGR of 16.3% over the forecast period, according to a new report by Grand View Research, Inc. The increasing spending by automakers on enabling drivers to make payments and authenticate transactions from the vehicle itself coupled with the rising levels of disposable income, especially in the developed economies, and the growing preference for contactless payments are expected to drive the growth of the market over the forecast period. Busy schedules are prompting drivers to look forward to hassle-free experiences as part of an upgraded lifestyle.

At this juncture, the ability to shop, order, and pay on the go without performing any cash transactions for swiping credit/debit cards would allow commuters to save time and ensure a convenient commute. In-vehicle payment services offer drivers and passengers the convenience of making payments through various payment modes from the vehicle itself. The demand for these services is expected to increase over the forecast period in line with the proliferation of connected cars and the growing preference for advanced infotainment. Automakers, such as BMW AG, Mercedes-Benz, Ford Motor Co., Honda Motor Co. Ltd., General Motors Co., and Jaguar Land Rover Automotive PLC, have already started integrating in-vehicle payment services and solutions into their vehicle models.

Payment service providers, such as MasterCard, Visa, and PayPal, are also striking strategic partnerships and collaborations with automotive OEMs to deliver efficient in-vehicle payment platforms. The preference for contactless payments is growing due to the COVID-19 pandemic. As such, the majority of the parking systems, gas stations, and toll collection booths have already incorporated mobile payment technology. The popularity of e-wallets is rising owing to the convenience and ease of payment e-wallets can offer.

Digital wallet and online payment platforms, such as Google Pay, Amazon Pay, and Apple Pay, are also getting immensely popular and their adoption is expected to increase significantly over the forecast period. However, automotive OEMs are looking forward to designing and developing a payment ecosystem that would allow drivers and passengers to avail and pay for all the desired services, such as filling gasoline or charging electric cars, booking and paying for parking slots, paying tolls at toll booths, and ordering food and coffee, among others, without having to get out of the vehicle. Hence, the market is expected to grow significantly over the forecast period.

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In-vehicle Payment Services Market Report Highlights

• The global market was valued at USD 3,097.0 million in 2020 and is expected to register a CAGR of 16.3% from 2021 to 2028
• The credit/debit card segment dominated the market in 2020 and is estimated to generate a revenue of over USD 6,255.8 million by 2028
• North America accounted for the largest revenue share of the market in 2020 and will grow further at a steady CAGR retaining the leading position from 2021 to 2028
• Continued integration of the latest technologies in automobiles and the rising levels of disposable income are anticipated to drive the market growth in North America

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In-vehicle Payment Services Market Segmentation

Grand View Research has segmented the global in-vehicle payment services market on the basis of mode of payment, application, and region:

In-vehicle Payment Services Mode Of Payment Outlook (Revenue, USD Million, 2018 - 2028)

• NFC
• QR Code/RFID
• App/e-wallet
• Credit/Debit Card

In-vehicle Payment Services Application Outlook (Revenue, USD Million, 2018 - 2028)

• Parking
• Gas/Charging Stations
• Shopping
• Food/Coffee
• Toll Collection
• Others

In-vehicle Payment Services Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

List of Key Players of In-vehicle Payment Services Market

• BMW AG
• Daimler AG
• Ford Motor Co.
• General Motors Co.
• Honda Motor Co. Ltd.
• Hyundai Motor Co.
• Jaguar Land Rover Automotive PLC
• Volkswagen AG
• ZF Friedrichshafen AG
• Google
• Amazon
• Visa
• MasterCard
• PayPal

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.

Semi-trailer Market Size Is Anticipated To Reach USD 29.36 Billion by 2028

 Semi-trailer Market Growth & Trends

The global semi-trailer market size is anticipated to reach USD 29.36 billion by 2028, expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Increasing demand across the construction, defense, automotive, and energy sectors is anticipated to be a key factor driving market growth. In addition, increasing dependence of e-commerce companies on third-party logistics (3PL) providers to ensure transportation of goods through hub and spoke distribution model is also expected to augment market growth in the coming years.

Furthermore, expanding cold chain and logistics industry is contributing significantly to the market growth. Less than truckload (LTL) and full truckload (FTL) freight shipping companies worldwide are increasingly adopting semi-trailers due to the versatility being offered in terms of load-carrying capacity. As compared to rigid trucks, semi-trailers offer the lowest cost of transportation per ton per km, which is further enhancing its adoption.

Over the last few years, the product demand has witnessed strong growth on account of positive growth observed in the oil & gas industry. In the coming years, the market is poised to register steady growth due to relaxation of regulations with respect to length and load-carrying capacity of semi-trailers. Government regulations supporting the introduction of lightweight and eco-friendly transport vehicles are expected to shape the future market demand. However, lack of proper infrastructure required for transportation, especially in emerging economies is hampering the semi-trailer market growth.

Manufacturers are increasingly incorporating advanced technologies such as driver assistance systems (DAS) and other connectivity solutions into their products to help their consumers (fleet operators/logistics service providers) enhance operational efficiency. Furthermore, growing preference for platooning and introduction of electric semi-trailer trucks are expected to create huge opportunities for the manufacturers in the coming years. Manufacturers are increasingly focusing on introducing lightweight transport vehicles through improved designs and lighter components to ensure greater productivity and payload.

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Semi-trailer Market Report Highlights

• The dry vans segment is expected to witness a revenue-based CAGR of more than 4.0% due to growth in the retail and fast-moving consumable goods (FMCG) industry, especially in the developing economies
• The Asia Pacific market is expected to witness substantial growth owing to improving road infrastructure and anticipated growth in the automobile industry. Automotive companies are manufacturing many cars and two-wheelers which are being transported through semi-trailers to end-consumers
• The market is highly consolidated with the presence of established players such as Wabash National Corporation, Schmitz Cargobull, Great Dane, and Kogel Trailer GmbH
• Players are focusing on R&D investments, acquisitions and mergers, and product innovation in order to strengthen their market presence. For instance, in 2017 Wabash National Corporation entered into a definitive agreement to acquire Supreme Industries, Inc. to enhance its market presence in dry vans.

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Semi-trailer Market Segmentation

Grand View Research has segmented the global semi-trailer market based on type and region:

Semi-trailer Type Outlook (Volume, ‘000 Units; Revenue, USD Million, 2016 - 2028)

• Flat Bed Trailer
• Dry Vans
• Refrigerated Trailers
• Lowboy Trailers
• Tankers
• Others

Semi-trailer Regional Outlook (Volume, ‘000 Units; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Semi-trailer Market

• China International Marine Containers (Group) Ltd.
• Fontaine Commercial Trailer, Inc.
• Great Dane
• Kogel Trailer GmbH & Co.KG
• Krone Commercial Vehicle Group
• Lamberet SAS
• Polar Tank Trailer, LLC
• Schmitz Cargobull
• Utility Trailer Manufacturing Company
• Wabash National Corporation
• HYUNDAI TRANSLEAD

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.

Attractive Market Opportunities in the True Wireless Stereo Earbuds Market by 2028: Grand View Research Inc.

 True Wireless Stereo Earbuds Market Growth & Trends

The global true wireless stereo earbuds market demand is expected to reach USD 305,499.8 million by 2028, registering a CAGR of 36.1% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The proliferation of connected devices at affordable prices is expected to favor true wireless stereo (TWS) earbuds market growth. Manufacturers are focused on introducing earbuds with multiple pair points to enable users to connect with multiple devices. As such, TWS earbuds are gradually gaining popularity as a convenient smartphone accessory. The wire-free and sophisticated design of these earbuds acts as the key purchase motivator for consumers

Moreover, the work-from-home norms imposed during the COVID-19 pandemic have accelerated the demand for IT accessories, including wireless earbuds. These devices can easily be used for listening to music or attending work-related con-calls. Besides features, such as Advanced Noise Cancellation (ANC) and wireless connectivity, TWS earbuds also come with a built-in carry case charger that offers seamless usage for over 150 hours. Furthermore, instant pairing across a variety of devices using Bluetooth, IPX7 certification, and support of voice assistants, such as Google and Siri, are also contributing to the market growth.

The rising demand for new and improved features serves as a catalyst for advancements in the market. Companies focus on launching products with differentiated features under various price bands. Multi-functional TWS earbuds are widely demanded as they cater to different applications, such as fitness, gaming, and entertainment, and offer extended capabilities, including fitness tracking and voice recognition. Moreover, several Chinese vendors, such as Xiaomi and Realme, have introduced entry-level wireless earbuds in the APAC market, making them an affordable choice for all consumers. The demand is expected to remain bullish over the next few years.

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True Wireless Stereo Earbuds Market Report Highlights

• The USD 100–199 price band segment led the global market in 2020 and is projected to expand further at a steady CAGR over the forecast period
• The proliferation of entry-level devices is expected to play a pivotal role in favoring the segment growth
• North America led the largest revenue share of more than 37% due to early technology adoption and high attention toward health & fitness amid the pandemic have been instrumental in driving the market growth in this region
• However, in terms of unit shipments, the demand for wireless earbuds in Asia Pacific surpassed the demand in North America in 2018
• Aggressive pricing strategies employed by Chinese vendors contributed to the large share of the regional market

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True Wireless Stereo Earbuds Market Segmentation

Grand View Research has segmented the global true wireless stereo earbuds market on the basis of price band and region:

True Wireless Stereo Earbuds Price Band Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2028)

• Below USD 100
• USD 100-199
• Over USD 200

True Wireless Stereo Earbuds Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Greater China
  • India
  • Japan
  • South Korea
  • SEA
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa

List of Key Players of True Wireless Stereo Earbuds Market

• Apple, Inc.
• Bose Corp.
• Jabra
• Harman International Industries, Inc.
• Sony Corp.
• Sennheiser Electronic GmbH & Co.
• Xiaomi

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.

Virtual Reality: Another World Within Sight

 

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Virtual Reality (VR) is a digitally created experience where a three-dimensional environment is simulated with the real-world. The technology offers an immersive experience to the viewers with the help of VR devices, such as headsets or glasses, gloves, and bodysuits. The technology has brought a transformation in the gaming and entertainment industries by allowing users to experience immersion in a highly virtual realm. In addition, the increasing usage of this technology in instructive training, such as for training mechanics, engineers, pilots, soldiers in defense, field workers, and technicians, in the oil & gas and manufacturing sectors is driving the market growth.

Facade : Saves Cost

 

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Modernization and urbanization are playing a vital role in the growth of the market. Several factors including waterproofing, fabrication, durability, and resistance to extreme climate come to play during the construction of facades. Changing perceptions of consumers and increasing focus on the exterior appearance of a building are anticipated to boost the growth of the market. Rising disposable income is leading to increased investments in renovations, which, in turn, is estimated to augment the market growth. Growing investments in the advancement of the residential and commercial construction industries in developed countries, such as the U.S., can stoke the growth of the market.

Warehouse Management: A Complete Guide for Retailers

 

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Growing application sectors, such as healthcare, manufacturing, and retail, across the globe are projected to drive the demand for warehouse management systems (WMS) for efficient operations to increase their output and meet rising consumer demand. In an attempt to address growing demands, logistics companies are continuously progressing to overcome challenges created by fluctuating product markets and shipping schedules. A WMS helps reduce lead time, increase product delivery speed, and minimize distribution costs. The software is designed to cater to complex, sophisticated warehouse operations as well as to tackle less complex resource-constrained operations.

Food Service Equipment Market Is Projected To Reach Approximately $50.01 Billion By 2028: Grand View Research Inc.

 

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Changing food consumption patterns, increased demand for takeaways, and the expanding hospitality sector are some of the key factors driving the market. Furthermore, factors such as increasing digitalization, the need for sustainable and eco-friendly equipment, and stringent consumer safety norms are expected to create promising growth opportunities for the market in near future. The market has rapidly evolved in accordance with the changing needs of clients for outfitting their kitchen spaces. Changing social customs, coupled with technological progressions, have created a dynamic marketplace for the equipment used in the end-use sector.

Benefits Of Interactive Kiosk

 

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Due to the high development in payment and security technologies, the market has witnessed rapid growth over the past few years. Many of the self-service kiosk manufacturers will continue to extract these technologies' maximum potential and are expected to include them as an indispensable component of their product offering. Interactive kiosks help prevent long queues at public places, such as inquiry counters at railway stations, banks, and malls and check-in counters at airports. At places such as hospitals and government offices, interactive kiosks help reduce the paperwork associated with visitor data collection and enhance visitors' experiences.

Contactless Payment- Growing Customer Convenience for Low Value Payment

 

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The growth can be attributed to the increasing adoption of digital payment platforms across the globe. Nowadays, customers are focusing on making seamless payments for many of their daily transactions. Moreover, increasing expectations for secure and integrated ways to pay for any service or product is expected to drive market growth. The growing convenience of the low-value payment offered by contactless payment solutions is anticipated to propel the market growth. 

Computer Vision Market Trends Analysis And Forecast Till 2028: Grand View Research Inc.

 Computer Vision Market Growth & Trends

The global computer vision market size is expected to reach USD 20.05 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.3% from 2021 to 2028. This technology has emerged as an emulation of a human visual system to support the automation tasks that require visual cognition. However, the process of image deciphering is more complicated than analyzing data in a binary form due to the vast amount of multi-dimensional data in an image for analysis. Artificial neural networks and deep learning are being used to increase computer vision’s capabilities of replicating human vision, to address such complexity in developing AI systems to recognize visual data. Besides, this technology has become more adept at pattern recognition than the human visual cognitive system, with the advancements in deep learning techniques.

Also, different trends are emerging in the use of computer vision techniques and tools after the COVID-19 outbreak. It is being used for multiple purposes of fighting COVID-19, such as medical data monitoring to diagnose patients, and movement & traffic control in urban spaces, among others. For instance, Numina, a U.S.-based start-up that delivers real-time insights using computer vision for the development of sustainable cities, has developed a tool that enables the monitoring of social distancing in cities such as New York. Also, the tool built by Numina provides real-time insights on pedestrian movements to monitor how people are following social distancing guidelines (2-meter distance). For another instance, in December 2019, BlueDot, a Canadian start-up that provides an AI platform for infectious disease detection, predicted the coronavirus infections before the statement release by WHO (World Health Organization) for the pandemic. Therefore, from accelerated drug discovery to social distancing monitoring, AI-enabled with computer vision is at the forefront in the fight against this pandemic.

Several major players in the market have developed various platforms that can be used for data storage and analysis, using the application software. For instance, companies such as OMRON Corporation have developed various software for different applications such as automation, integration, communication, and control. Increasing adoption of various digital healthcare solutions to meet the sensitive regulatory requirements for patient safety is anticipated to drive the demand for vision systems over the forecast period. Less stringent government regulations and lower manufacturing cost in the Asia Pacific region has led major technology giants to establish manufacturing bases in the region, thus driving the regional industry. Major applications of machine vision are in the quality and inspection of the manufacturing industry. A boom in the manufacturing sector is anticipated to enhance the market demand for machine vision in the Asia Pacific region.

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Computer Vision Market Report Highlights

• Vision inspection solutions to food and beverages, pharmaceuticals, and automotive industries that provide vision systems for robotic vision and quality control are expected to be prevalent over the projected period
• Deep learning algorithms using CNN (Convolutional Neural Network) classifiers allow image classification and object/pattern recognition, and their segmentation at speed. The development of these AI-powered deep learning systems is anticipated to boost the computer vision market over the forecast period
• Facial recognition and biometric scanning systems in the security and surveillance industry are significantly driving the computer vision market, with the growing use of pattern recognition in high-confidentiality workplaces, such as research labs, nuclear power plants, and bank vaults
• Task automation in manufacturing units is one of the significant use-cases of computer vision technology, as machine vision is highly used for the inspection of manufactured products for non-conformities and defects
• The key players in the market are Intel Corporation; Texas Instruments Incorporated; Teledyne Optech; Teledyne Digital Imaging Inc.; Sony Semiconductor Solutions Corporation; National Instruments; Keyence Corporation; OMRON Corporation; Cognex Corporation; and Matterport, Inc.

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Computer Vision Market Segmentation

Grand View Research has segmented the global computer vision market based on component, product type, application, vertical, and region:

Computer Vision Component Outlook (Revenue, USD Million, 2018 - 2028)

• Hardware
• Software

Computer Vision Product Type Outlook (Revenue, USD Million, 2018 - 2028)

• Smart Camera-Based Computer Vision System
• PC-Based Computer Vision System

Computer Vision Application Outlook (Revenue, USD Million, 2018 - 2028)

• Quality Assurance & Inspection
• Positioning & Guidance
• Measurement
• Identification
• Predictive Maintenance
• 3D Visualization & Interactive 3D Modeling

Computer Vision Vertical Outlook (Revenue, USD Million, 2018 - 2028)

• Industrial
• Non-Industrial

Computer Vision Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Computer Vision Market

• Cognex Corporation
• Intel Corporation
• Keyence Corporation
• Matterport, Inc. 
• National Instruments
• OMRON Corporation
• Sony Semiconductor Solutions Corporation
• Teledyne Digital Imaging Inc. 
• Teledyne Optech
• Texas Instruments Incorporated

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.

Electric Vehicle Charging Infrastructure- Growing Concerns Over Carbon Emissions

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 The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting EVs. As a result, the demand for an EV charging infrastructure among commercial and residential applications is rising. The technological progress of both EV charging software and hardware is expected to change the way EV owners use and benefit from EV charging applications. Technologies, such as Smartcar API and charging networks, precisely determine an EV’s charge time even before the car driver plugs the car into a station.

Electric Motor Sales- Growth of the Agriculture Sector

 

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An increase in awareness regarding green vehicles among customers has been a key factor driving the market. Besides this, a rising number of government incentives to encourage sales of green vehicles for safeguarding the environment from carbon emissions is expected to provide a fillip to the market. Electric motors have been observing several advancements in technology over the past few years, owing to which its demand is gaining traction. Additionally, the advent of better insulation materials has improved operational efficiency and the product's life, which has subsequently driven the market. The market is estimated to witness noteworthy growth over the forecast period owing to an increase in automobile production over the forecast period.

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.

Southeast Asia Pipes Market Pegged For Strong Growth During 2021-2028: Grand View Research Inc.

 Southeast Asia Pipes Market Growth & Trends

The Southeast Asia pipes market size is expected to reach USD 24.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.3% from 2020 to 2028. Growing investments towards infrastructure development and the use of the product in construction refurbishment are factors expected to drive industry growth over the forecast period.

Factors such as changes in raw material prices, stringent government regulations regarding industrial processes, policies related to the environment, and sustainability of the products are likely to have an impact on the profit margins of the product manufacturers. Investors are highly exposed to long-term risks due to possible disruptions in the demand for raw materials, oil price fluctuations in the global market.

The COVID 19 pandemic has severely impacted the growth of the market in the region. Lockdown measures to curb the spread of the virus in several countries along with the disruption of the global supply chain have impacted the majority of industries including construction, food, and chemical processing. Moreover, complexities in the supply chain also caused a shortage in raw materials supply for the production of pipes.

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Southeast Asia Pipes Market Report Highlights

• The polypropylene pipes segment accounted for revenue share valued at USD 4.5 billion in 2020 on account of their superior chemical resistance and lower thermal conductivity, which prompts their usage in the HVAC, and drainage systems
• The plumbing application segment is expected to register a sales revenue of USD 5.6 billion by 2028 due to the growth of the residential and commercial construction in the region owing to the rising adoption of ‘China plus one’ strategy by the major industry players
• The commercial sector accounted for a revenue share of 72.8% in 2020 due to high consumption of the product in water supply infrastructure, hospitals, and industrial facilities
• In Vietnam, the market is expected to witness a CAGR of 4.0% from 2020 to 2028 on account of rising investments for the development of drainage and sewage systems in the country driven by plans such as the Trenchless Sewerage Pipe Rehabilitation
• Manufacturers focus on the production of new products for strengthening their market position. For instance, in March 2021, Wavin has launched its advanced low-noise pipe system, Wavin AS+ in Indonesia, which is currently witnessing significant urbanization and infrastructure development

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Southeast Asia Pipes Market Segmentation

Grand View Research has segmented the Southeast Asia pipes market on the basis of product, application, end-use, and country:

Southeast Asia Pipes Product Outlook (Revenue, USD Million, 2017 - 2028)

• Polypropylene Pipes
• Steel & Alloy Pipes
• Polyvinylchloride Pipes
• Copper Pipes
• Composite Pipes
• Other Pipes

Southeast Asia Pipes Application Outlook (Revenue, USD Million, 2017 - 2028)

• Plumbing
• Drainage/Sanitary
• HVAC
• Others

Southeast Asia Pipes End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Residential
• Commercial

Southeast Asia Pipes Country Outlook (Revenue, USD Million, 2017 - 2028)

• Indonesia
• Vietnam
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia

List of Key Players of Southeast Asia Pipes Market

• Kobelco
• Thai Premium Pipe Co., Ltd.
• George Fischer Pte., Ltd.
• Binh Minh Plastics
• Vesbo Asia Pte., Ltd.
• Bina Plastic Industries Sdn. Bhd.
• Wavin Asia Pacific

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.

Hangover Cure Products Market Revenue Sales to Reach USD 4.67 Billion by 2028: Grand View Research Inc.

 Hangover Cure Products Market Growth & Trends

The global hangover cure products market size is expected to reach USD 4.67 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.6% from 2021 to 2028. Consumers are becoming increasingly aware of the benefits associated with the consumption of hangover cure products, which help improve metabolism, reduce nausea caused due to excessive alcohol consumption, and hydrate the body.

Over the past few years, consumers over the world are becoming more enthusiastic about functional foods and drinks. Therefore, ingredients that boost energy, mental clarity, and mood and reduce stress are expected to appeal to consumers in the upcoming years. This trend of functional foods and drinks is likely to create opportunities for hangover cure products manufacturers.

Furthermore, with the growing demand for the products, an increasing number of investors are showing interest in the market. For instance, in April 2018, 82Labs, a U.S.-based start-up that produces hangover rehydration drinks, raised USD 8 million in funding from investors such as Altos Ventures, Thunder Road Capital, Strong Ventures, and Slow Ventures. Similarly, in 2019, Cheers Health Inc., a Texas-based company, raised an amount of USD 2.1 million in seed funding for building its brand and upgrading products. Such fundraisings will help companies develop new and innovative products and expand their reach.

Nutritional profile and the presence of natural ingredients are other important factors influencing the buying decisions of consumers. Various herbs and botanicals are gaining traction among consumers. Product promotion also influences consumers’ buying decisions in both countries. Hangover cure products have been gaining immense popularity due to the buzz created on social media platforms.

The demand for hangover cure products is expected to increase in Asia Pacific in the coming years owing to the growing awareness about the benefits of alcohol detox products. Owing to the growing preference for herbal products, market players in Asia Pacific are focusing on using herbal ingredients in their supplements. For instance, in February 2019, Baidyanath Group introduced Armr, a herbal anti-hangover product, and Shunya, a herb-infused vitamin drink, in India. Such initiatives are likely to fuel the market growth over the forecast period.

Request a free sample copy or view report summary: Hangover Cure Products Market Report

Hangover Cure Products Market Report Highlights

• By product, the solutions segment accounted for the largest share of over 35.0% in 2020. The demand for herbal hangover cure solutions is increasing on account of the numerous product launches
• The online distribution channel segment is expected to witness the fastest growth over the forecast period. The growth of the segment is attributed to the emergence and rapid development of e-commerceand the high adoption of online shopping
• Asia Pacific held the largest share of over 50.0% in 2020. The growing awareness about the benefits of alcohol detox products is expected to increase the demand for hangover cure products in the Asia Pacific in the coming years. Europe is expected to expand at the fastest CAGR of 15.4% over the forecast period

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

Hangover Cure Products Market Segmentation

Grand View Research has segmented the global hangover cure products market on the basis of product, distribution channel, and region:

Hangover Cure Products Outlook (Revenue, USD Million, 2016 - 2028)

• Solutions
• Tablets/Capsules
• Powder
• Patches

Hangover Cure Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Hangover Cure Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Hangover Cure Products Market

• Abbott
• Bayer AG
• More Labs
• The Himalaya Drug Company
• Rally Labs LLC (Blowfish)
• Flyby
• Drinkwel, LLC
• Cheers Health
• Liquid I.V., Inc.
• DOTSHOT
• AfterDrink Ltd.
• Toniiq
• Purple Tree Labs
• No Days Wasted
• LES Labs (Detoxx)
• EZ Lifestyle (Over EZ)
• DrinkAde
• Kaplan Laboratory, LLC (H-PROOF)
• Bytox
• Cheal Hangover Patch
• Party Patch
• Rebound Hangover Patch
• TRIO Patch
• SmartPatches
• D-Tox Hangover Patches
• La Mend, Inc. (The Good Patch)
• RallyPatch, LLC
• Ozmo Patch
• Wet Buffalo Patch
• LiveToShine

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.