Vibration Sensor Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Vibration Sensor Market Growth & Trends

The global vibration sensor market size is expected to reach USD 8.24 billion by 2028, registering a CAGR of 6.5% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The increased adoption of these devices in various industries and sectors such as oil and gas, manufacturing, and mining, among others for detection of rotating parts and damaged bearings in machines are major factors driving the growth of the market. The usage of industrial IoT and predictive maintenance with vibration sensors for the remote monitoring of machineries is expected to provide opportunities to the market players. Players operating in the market such as VocalZoom and Colibrys Ltd.; among others are developing vibration sensors for industrial internet of things (IoT) for exploiting these opportunities. For instance, in March 2019, VocalZoom launched their non-contact vibration sensors for industrial IoT applications such as machine monitoring.

The growing adoption of Unmanned Aerial Vehicles (UAVs) is expected to drive the market growth over the forecast period as vibration sensors are used in these applications such as flight stabilization. In recent years, there has been an increasing demand for accelerometers in Augmented Reality (AR) and Virtual Reality (VR) devices for tracking the rotational motion. In AR and VR, accelerometers and vibration sensors are used for motion detection.AR and VR are gaining popularity in consumer electronics such as smartphones and gaming consoles, among others. These factors are expected to provide lucrative opportunities to the market players over the forecast period. Moreover, in recent years, there has been a growing demand for these devices in Heating, Ventilation, and Air Conditioning (HVAC) equipment, which is expected to fuel the market growth further. Vibration sensors are extensively used for monitoring rotating elements in the Air Handling Units (AHUs) that are responsible air circulation in HVAC equipment.

In airbags, accelerometer vibration sensor monitors rapid deceleration of the vehicle in the event of an impact and convert it into a change in voltage. The electronic control unit subsequently responds by sending a signal to actuate and inflate the protective airbag. The governments in various countries have mandates the usage of airbags in passenger that is expected to impact the market growth positively. For instance, the U.S. National Highway Traffic Safety Administration has established the 49 CFR Part 595 standard that mandates the usage of airbags.

COVID-19 has positively impacted the market growth in current days. The demand for vibration sensors from various industries, such as chemicals, food and beverages, healthcare, and energy and power, is improving continuously despite the pandemic as the incumbents of these industries are trying to ensure efficient and safer operations of their machinery. The growing preference for online vibration monitoring is particularly anticipated to create growth opportunities for the market over the forecast period.

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Vibration Sensor Market Report Highlights

• Owing the rising demand for displacement sensors in applications such as precision positioning, thickness measurements, and assembly line inspection, among others, the demand for displacement sensor is anticipated to grow in current days
• The growing usage of tri-axial sensors in monitoring the vibrations in multi-axis machine tools, and detect anomalies in the machine tool and work piece are expected to drive their demand over the forecast period
• The demand for piezoelectric ceramics segment is expected to grow owing to the increase in demand for piezoelectric ceramics-based vibration sensors in relaxation chairs used in healthcare sector
• Various regulations such as the American Petroleum Institute (API) Standard 670: Machinery Protection Systems mandate the usage of machinery monitoring systems such as vibration sensors in the refineries. These regulations are expected to enhance the market growth in oil and gas end use segment
• The Asia Pacific region is expected to grow significantly over the forecast period owing to increasing adoption for detection and prediction of earthquakes and tsunamis in countries such as South Korea, Philippines, and Japan

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Vibration Sensor Market Segmentation

Grand View Research has segmented the global vibration sensor market based on type, technology, material, end-use, and region:

Vibration Sensor Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Accelerometers
• Velocity Sensor
• Displacement Sensor

Vibration Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Piezoresistive
• Strain Gauge
• Variable Capacitance
• Hand Probe
• Optical Sensor
• Tri-axial Sensors
• Others

Vibration Sensor Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Doped Silicon
• Piezoelectric Ceramics
• Quartz

Vibration Sensor End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Automobile
• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Oil & Gas
• Others

Vibration Sensor Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Vibration Sensor Market

• Advanced Sensors Calibration GmbH, Inc.
• Analog Devices, Inc.
• Dytran Instruments, Inc.
• Honeywell International, Inc.
• Robert Bosch GmbH
• Hansford Sensors Ltd.
• Colibrys Ltd.
• National Instruments Corporation
• TE Connectivity Ltd.
• FUTEK Advanced Sensor Technology Inc.

About Grand View Research

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

Fire Protection System Market to Observe Strong Development by 2028: Grand View Research Inc.

 Fire Protection System Market Growth & Trends

The global fire protection system market is expected to reach USD 114.9 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing adoption of wireless technology in the fire protection system, growing human and property loss owing to fire breakouts, and stringent fire safety regulations are projected to fuel the market. Increasing implementation of building safety codes and renovation projects is also anticipated to be a major factor influencing the market growth. The application and usage of fire protection systems are anticipated to increase continuously with the developments of commercial entities and corporations.

Furthermore, technology enhancements, such as extinguishing technology based on mist and products, such as laser optical/infrared smoke detectors, alarms with embedded voice evacuation announcements, hypoxic air fire suppression systems, and wireless fire alarm systems, are expected to gain traction in the market globally. Moreover, in 2020, the market was adversely affected due to the COVID-19 crisis, which has interrupted production, impacted demand, and caused supply chain disruption. The growing trend of integrating fire alarm and detection systems with building automation systems offers vast growth opportunities to the market.

Connectivity with building automation systems is increasingly becoming a major feature of fire protection systems in commercial, industrial, and residential applications. This can be attributed to the fact that such integration allows for the development of systems that are capable of sharing and gathering data, which can help in alerting individuals about fire safety issues in the premises. A notable rise in investments in smart building automation technologies across several regions is expected to lead to new opportunities for building automation systems in the industrial and commercial sectors.

Consumers in developed regions, such as Europe and North America, have seen a steady rise in demand over the past few years, and the growth trend is also projected to continue over the next few years. However, a lack of stringent regulations and the high cost of advanced fire protection systems have kept the markets in emerging countries largely untapped. Nevertheless, improving economic conditions in countries, including Brazil and India, are anticipated to boost the demand for fire protection systems over the forecast period.

Infrastructural development activities across the Asia Pacific region owing to the rising demand for new transport and utility infrastructure will drive demand. The high rate of urbanization is placing increased pressure on under-invested, weak city infrastructure. The consecutive rise in focus on new residential and infrastructural development projects is expected to propel the demand for fire protection systems across this region; thus, such factors fueling the fire protection system market growth.

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Fire Protection System Market Report Highlights

• The fire detection product segment accounted for the largest revenue share in 2020 and is expected to retain the leading position over the forecast period
• The maintenance services segment is anticipated to register the fastest CAGR over the forecast period
• The demand for these services is often driven by new building construction activities, modernization activities, and demand for system upgrades
• The commercial application segment led the market in 2020 and is expected to retain the leading position throughout the forecast period
• Increasing investment by companies for reducing the loss of property & life and safeguarding the infrastructure across several applications is estimated to propel the product demand in the commercial sector
• North America is projected to account for the majority share of the market by 2028. The increasing demand for smart buildings and intelligent houses, which deliver optimum safety and security is expected to drive the regional market growth

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Fire Protection System Market Segmentation

Grand View Research has segmented the global fire protection system market based on product, service, application, and region:

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

• Fire Detection
• Fire Suppression
• Fire Response
• Fire Analysis
• Fire Sprinkler System

Fire Protection System Service Outlook (Revenue, USD Million, 2018 - 2028)

• Managed Service
• Installation & Design Service
• Maintenance Service
• Others

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

• Commercial
• Industrial
• Residential

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

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

List of Key Players of Fire Protection System Market

• GENTEX Corp.
• Siemens
• Robert Bosch GmbH
• Halma plc
• Eaton

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 Chile Radiotherapy Market to Account for USD 36.0 Million by 2028: Grand View Research Inc.

 Chile Radiotherapy Market Growth & Trends

The Chile radiotherapy market size is expected to reach USD 36.0 million by 2028, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.7% from 2021 to 2028. The increasing prevalence of cancer and rising healthcare expenditure are factors expected to propel the growth over the forecast period.

There is a significant gap between the required and installed radiotherapy capacity in Chile. As per a recently published report in the International Journal of Radiation Oncology, Chile had around 41 operative LINACs, which is less than the number required to meet the demand. This provides significant opportunities for growth for the market.

According to the International Agency of Research on Cancer (IARC), the estimated number of new lung cancer cases in Chile was around 4,000 in 2020. The number is expected to reach around 5,500 by 2030. The rising incidence of lung cancer can be attributed to increasing smoking. As per the national health survey, currently, 32.5% of the people in Chile are active smokers. The rising incidence of cancer is expected to drive market growth.

Moreover, companies are adopting strategies that allow them to use their resources to aid in the development of new products and enhance their supply chain. For instance, in August 2020, Siemens Healthcare GmbH announced the acquisition of Varian Medical Systems, Inc. in an all-cash transaction that accounted for USD 16.4 billion. This acquisition may enable the company to offer end-to-end oncology products to address the unmet medical needs of cancer treatment on a global scale.

Chronic adverse effects of radiotherapy occur after months or years of treatment. These effects depend on the total dose of radiotherapy received and the area of treatment. In some regions of the body, radiation treatment can lead to a buildup of body fluids and can cause lymphedema. Radiation exposure to healthy cells in the body can lead to apoptosis, senescence, necrosis, and terminal differentiation of healthy cells, which can lead to death. Radiotherapy weakens the body and can attenuate a body's receptiveness to radiation therapy or surgery. The adverse effects of radiation therapy may restrain market growth.

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Chile Radiotherapy Market Report Highlights

• In 2020, External Beam Radiation Therapy (EBRT) dominated the market and accounted for the largest revenue share of 86.5%. The high price and high installation base of EBRT equipment is one of the factors for the growth of the segment
• The internal beam radiation therapy segment is expected to witness a lucrative CAGR of 6.9% during the forecast period. The ability to deliver the precise dose, increased patient preference, and cost-effectiveness are some factors driving the segment
• The prostate cancer segment dominated the market and accounted for a share of 24.9% in the market in 2020 and is expected to continue its dominance throughout the forecast period. The high incidence and treatment rate of prostate cancer in Chile are some of the factors contributing to its dominance

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Chile Radiotherapy Market Segmentation

Grand View Research has segmented the Chile radiotherapy market based on type and application:

Chile Radiotherapy Type Outlook (Revenue, USD Million, 2016 - 2028)

• External Beam Radiotherapy
• Internal Beam Radiotherapy
• Systemic Radiotherapy

Chile Radiotherapy Application Outlook (Revenue, USD Million, 2016 - 2028)

• Breast Cancer
• Prostate Cancer
• Lung Cancer
• Head and Neck Cancer
• Colorectal Cancer
• Others

List of Key Players of Chile Radiotherapy Market

• Varian Medical Systems, Inc.
• Elekta AB
• Accuray Incorporated
• Becton, Dickinson and Company
• Isoray Medical
• NTP Radioisotopes SOC 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.

Stoma Care Market Estimated To Flourish By 2028: Grand View Research Inc.

 Stoma Care Market Growth & Trends

The global stoma care market size is expected to reach USD 785.6 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2021 to 2028. Increasing cases of colorectal cancer, inflammatory bowel disease (IBD), increasing adoption of advanced technologies, and rising awareness regarding stoma care products are the key driving factors for the market.

Colorectal cancer is the most common cause of stomas, accounting for about 45.6% of all cases. More than 45.0% of colostomies are performed in ostomy patients aged 60 above, thereby surging the demand for healthcare products. In addition, colorectal cancer is the third most common form of cancer in both men and women. For instance, according to the report published by the World Health Organization (WHO), in 2020,9,35,000 deaths were reported out of 1.93 million cases due to colorectal cancer. Although it is more prevalent in adults aged 50 and older, however, the incidence rate has increased by 2.2% annually in individuals younger than 50 years.

For instance, according to the American Cancer Society, about 1.4 lakh individuals were diagnosed with colorectal cancer in 2020 of which 12.00% were individuals younger than 50. Furthermore, according to the National Center for Biotechnology Information (NCBI), colorectal cancer is the deadliest among males in UAE and deadliest among females in Japan. Therefore, such instances indicate a considerable increase in demand for healthcare products, as it is one of the essential requirements for treating such cases, thereby propelling market growth over the forecast period.

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Stoma Care Market Report Highlights

• In terms of revenue, the others segment held the largest revenue share in 2020. The rising number of ostomies across the globe is the major factor propelling the segment growth
• The colostomy segment held the largest revenue share in 2020 and is expected to witness a considerable growth rate over the forecast period due to the increasing prevalence of colon cancer
• The home care settings segment held the largest revenue share in 2020. The segment growth is majorly driven by the outbreak of COVID-19 across the globe and the patients opting for homecare services
• In Asia Pacific, the market is anticipated to witness the fastest growth rate over the forecast period due to the adoption of advanced technologies required for stoma care, high population base, and rising awareness about ostomy care

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Stoma Care Market Segmentation

Grand View Research has segmented the global stoma care market on the basis of product, application, end-use, and region:

Stoma Care Product Outlook (Revenue, USD Million, 2016 - 2028)

• Closed Bags
• Open/ drainable Bags
• One-piece Bags
• Two-piece Bags
• Others

Stoma Care Application Outlook (Revenue, USD Million, 2016 - 2028)

• Colostomy
• Ileostomy
• Urostomy

Stoma Care End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Home Care Settings
• Hospitals
• Others

Stoma Care Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Stoma Care Market

• Coloplast
• Braun Melsungen AG
• Hollister Incorporated
• ConvaTec Inc.
• Salts Healthcare
• Welland Medical 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.

Beverage Flavoring System Market Size Is Expected To Reach USD 7.0 Billion by 2028

 Beverage Flavoring System Market Growth & Trends

The global beverage flavoring system market size is expected to reach USD 7.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2020 to 2028. The increasing demand for both alcoholic and non-alcoholic beverages across the globe especially among the adult population is primarily driving the market growth. The developing economies are majorly supporting the growth through their economic development and growing purchasing power of residents.

Based on ingredients, the flavor enhancers segment is anticipated to experience a CAGR of 5.4% over the forecast period from 2020 to 2028. The flavor enhancers improve the original taste of a flavor without imparting its own flavor. Salt is the primary flavor enhancer but excess consumption may increases the risk of heart disease, as a result, the consumers' preference is shifting towards the other types of enhancers. Additionally, the rising awareness about the other enhancers such as isopropyl mercaptan, malic acid, disodium guanylate, and beta-alanin is further supporting market growth.

The alcoholic beverages segment is projected to experience the fastest growth over the forecast period from 2020 to 2028. The increasing consumption of flavored alcoholic beverages such as flavored rice wines, flavored rums, flavored tequilas, and flavored vodkas, across the globe is contributing to the fastest growth rate. Moreover, the increasing focus of companies to develop different flavors across alcoholic beverages is further driving the market.

Central and South America is anticipated to experience potential growth during the forecast timeframe from 2020 to 2028. The increasing consumption of beverages in the region is primarily contributing to the regional market value. Moreover, some of the commonly found drinks in Brazil include Aluá, Bombeirinho, Cachaça, Caipirinha, Caju Amigo, Cajuína, Capeta, Cauim, Chimarrão, Guaraná, Limonada suíça, Quentão, Rabo-de-galo, Tiquira, and Vinho Quente, which is expected to drive regional demand.

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Beverage Flavoring System Market Report Highlights

• The flavoring carriers segment is projected to ascend at a CAGR of 5.7% over the forecast period, in terms of revenue. The carriers are diluents or solvents that are mixed with a flavoring agent and their primary function is to protect the flavoring agent. These carriers also aid inefficient mixing of the flavoring agent in end-use. For instance, alcohols such as ethyl alcohol or propylene glycol are used as carriers in liquid flavors. Cornstarch or gum acacia is used as a carrier for dry or powdered flavors.
• The alcoholic segment is expected to register a CAGR of 5.5% during the forecast period from 2020 to 2028. The rising demand for alcoholic beverages, majorly including beer, wine, vodka, and gin is driving the segmental market growth. The demand for flavored alcoholic drinks such as gin, rose-flavored vodka, and beer is rising across the globe. According to a report published by Kirin Beer University in December 2020, the global consumption of beer increased by 0.5% in 2019 to reach 189.05 million kiloliters as compared with 2018.
• The artificial origin segment dominated the market and accounted for 42.5% of revenue share in 2020. The use of artificial flavors is increasing in beverages manufacturing owing to their lesser cost compared to their natural counterparts. These are manufactured from chemicals and are designed copies of natural flavors. Moreover, the consumption of these flavors is harmful and can promote some serious illnesses in the long run like cancer. Some of the artificial flavors include esters, aldehydes, phenols, and alcohol.
• In Asia Pacific, the market is expected to register a CAGR of 5.7% during the forecast period. The expanding presence of major players in the economies of the region to take advantage of available opportunities and increasing demand for beverages is supporting the fastest growth. For instance, in August 2018, ADM has opened a new regional office and state-of-the-art flavor and ingredient creation, application, development, and customer innovation center in Shanghai, China.
• Companies in the beverage flavoring system industry have been trying to increase their production capabilities and expand their geographic reach. For instance, in November 2019, the company opened a new extension to its Nantong, China manufacturing facility particularly to support the production capacity of liquid flavors for dairy, beverages, and sweet goods.

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Beverage Flavoring System Market Segmentation

Grand View Research has segmented the global beverage flavoring system market based on ingredients, beverage type, flavor type, form, origin, and region:

Beverage Flavoring System Ingredients Outlook (Revenue, USD Million, 2017 - 2028)

• Flavoring agents
• Flavoring carriers
• Flavor enhancers
• Others

Beverage Flavoring System Beverage Type Outlook (Revenue, USD Million, 2017 - 2028)

• Alcoholic
• Non-alcoholic
  • Dairy
  • Juices
  • Carbonated soft drinks
  • Functional Drinks
  • Others

Beverage Flavoring System Flavor Type Outlook (Revenue, USD Million, 2017 - 2028)

• Chocolate and browns
• Dairy
• Herbs & botanicals
• Fruits & vegetables
• Others

Beverage Flavoring System Form Outlook (Revenue, USD Million, 2017 - 2028)

• Dry
• Liquid

Beverage Flavoring System Origin Outlook (Revenue, USD Million, 2017 - 2028)

• Artificial
• Natural

Beverage Flavoring System Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Beverage Flavoring System Market

• ADM
• Givaudan
• Sensient Technologies Corporation
• Kerry Group
• International Flavors and Fragrances Inc.
• Firmenich SA
• Takasago International Corporation
• Flavorchem & Orchidia Fragrances
• Tate & Lyle
• MANE
• Döhler
• Symrise

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.

On-board Charger Market to Witness Exponential Growth by 2028: Grand View Research Inc.

 On-board Charger Market Growth & Trends

The global on-board charger market size is expected to reach USD 13.96 billion by 2028, registering a CAGR of 17.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increase in electric car sales globally. According to the statistics provided by the IEA organization, in 2019, electric car sales accounted for 2.1 million, registering a 40% year-on-year growth.

The ban imposed by various governments on the use of fossil fuel vehicles is expected to increase the sales of electric vehicles, which is subsequently expected to create the need for on-board chargers. In the U.K., the government has released its plan of banning new fossil fuel vehicle sales by 2030 to help accentuate electric vehicle use. Additionally, in the U.S., California is also expected to ban the sales of gasoline-powered new trucks and passenger cars by 2035.

Tax benefits provided on the purchase of electric cars are also one of the major factors driving the market growth. In the U.K., significant tax benefits are being provided to company fleet operators and car drivers for switching to electric vehicles from April 2020. The zero tax rate will be applicable for electric vehicles with a range of over 130 miles and hybrid vehicles with emissions from 1 to 50 g/km.

The outbreak of the COVID-19 pandemic negatively impacted the market growth at the initial stages; however, the subsidies provided by various countries on the purchase of electric vehicles during the pandemic boosted the EV sales in the latter stage of the pandemic. For instance, in July 2020, the Chinese government extended the period of its subsidy program for new energy vehicles by two more years. Thus, the program that was expected to end by 2020 will be ending in 2022.

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On-board Charger Market Report Highlights

• The less than 11 kW segment is expected to witness the highest growth over the forecast period. The segment growth can be attributed to the growth in electric vehicle charging at homes
• The buses segment is expected to witness the highest growth over the forecast period. The rise in sales of electric buses across the globe is expected to accentuate the segment growth
• The Plug-In Hybrid Electric Vehicle (PHEV) segment is expected to witness the highest growth over the forecast period. Increased fuel efficiency and a longer driving range offered by a PHEV is driving the segment growth
• The Asia Pacific regional market is expected to witness the highest growth owing to the increasing government initiatives for adopting electric vehicles in the emerging economies of the region

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On-board Charger Market Segmentation

Grand View Research has segmented the global on-board charger market based on power output, vehicle type, propulsion type, and region:

On-board Charger Power Output Outlook (Revenue, USD Billion, 2017 - 2028)

• Less than 11 kW
• 11 kW to 22 kW
• More than 22 kW

On-board Charger Vehicle Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Passenger Car
• Buses
• Vans
• Medium & Heavy Duty Vehicles
• Boats
• Others

On-board Charger Propulsion Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)

On-board Charger Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of the On-board Charger Market

• Bel Fuse Inc. 
• Delta Energy Systems
• STMicroelectronics
• Toyota Industries Corporation
• Eaton
• Stercom Power Solutions GmbH
• innolectric AG
• BRUSA Elektronik AG
• AVID Technology Limited
• Ficosa Internacional 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.

Veterinary Care Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

 Veterinary Care Market Growth & Trends

The global veterinary care market size is expected to reach USD 114.4 billion by 2028, registering a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of government initiatives to safeguard food security is likely to boost the adoption of better veterinary care worldwide. A significant increase in pet adoption and humanization worldwide is mostly responsible for the high need for veterinary care, which is boosting the market growth.

Moreover, the COVID-19 pandemic resulted in increased adoption of pets. In June 2020, at the Society for the Prevention of Cruelty to Animals Los Angeles, pet adoptions were double their normal rate, with almost 10 or 13 adoptions a day. Furthermore, a waiting list had formed for certain types of canines and puppies, as so few were left. Increasing awareness among pet owners for primary check-ups of their pets is further boosting the market.

The demand for animal protein is growing across the globe owing to higher per capita income. According to the article OECD-FAO Agricultural Outlook 2020-2029, growth in consumption of meat in the next decade is expected to increase by 12% by 2029. As the demand for meat continues to increase, the demand for veterinary care is anticipated to grow rapidly. Key companies in the market are collaborating with animal welfare organizations to encourage awareness and advance veterinary healthcare, which is further bolstering the market growth.

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Veterinary Care Market Report Highlights

• Companion animals held the dominant share in the animal type segment owing to increasing pet healthcare expenditure and increasing pet adoption
• The production animals segment is expected to register the fastest CAGR over the forecast period due to increasing government initiatives to improve livestock health
• Moreover, rising domestic production, consumption, and export of bovine meat is boosting the segment growth
• Primary care type, for both production & companion animals, dominated the global market in 2020 due to the increased pet ownership, government initiatives to prevent various animal diseases, and a high number of veterinary hospitals & clinics

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Veterinary Care Market Segmentation

Grand View Research has segmented the global veterinary care market on the basis of animal type, type of care, and region:

Veterinary Care Animal Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Companion Animal
  • Dogs
  • Cats
  • Equine
  • Others
• Production Animal

Veterinary Care Type Of Care Outlook (Revenue, USD Billion, 2016 - 2028)

• Companion Animal
  • Primary
  • Emergency
  • Critical
  • Specialty Services
• Production Animal
  • Primary
  • Emergency
  • Critical
  • Specialty services

Veterinary Care Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Veterinary Care Market

• Merck Animal Health
• Ceva Santé Animale
• Zoetis
• Boehringer Ingelheim GmbH
• Elanco
• IDEXX Laboratories, Inc.
• Heska Corporation
• Virbac
• Vetoquinol S.A.
• Indian Immunologicals 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.

North America Rainscreen Cladding Market to Incur Meteoric Growth During 2021 to 2028: Grand View Research Inc.

 North America Rainscreen Cladding Market Growth & Trends

The North America rainscreen cladding market size is expected to reach USD 54.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2020 to 2028. Increasing demand for enhanced moisture management and energy-efficient solutions for commercial buildings are expected to drive the market.

The market growth can also be attributed to the shift in the trend toward protecting exterior walls and the growth in the construction of non-residential buildings, which include offices and institutions. Moreover, the growing demand for single-family and multi-family housing units coupled with increasing trends for energy-saving structures are expected to support the market in the projected time.

Ceramic and composite material panels are widely used in the rainscreen cladding industry. Composite materials are gaining high growth owing to the factors such as high durability, lightweight, and low cost. Insulation materials are used to provide thermal insulation to the building. Also, the materials provide the moisture control system in the rainscreen cladding structure.

Technological development in the assembly and installation processes by prominent players set a benchmark and heighten the competitive scenario by making it difficult for other players to penetrate the market. However, many players are unable to provide solutions for complex building designs, especially in cases when the manufacturing of cladding is tricky.

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North America Rainscreen Cladding Market Report Highlights

• The metal segment is expected to witness a revenue-based CAGR of 7.2% from 2020 to 2028, owing to the products’ superior fire resistance property and durability
• The office construction application segment dominated the market and accounted for the largest revenue share of 31.3% in 2020. The segment is anticipated to ascend at a CAGR of 6.6% in the projected time
• The U.S. accounted for the largest revenue share of 78.8% in 2020 owing to a wide demand for rainscreen products in office construction and commercial buildings across the country
• The COVID-19 outbreak in Mexico impacted the manufacturing and construction operations in 2020. Moreover, low construction spending in the country has slightly impacted product demand

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

North America Rainscreen Cladding Market Segmentation

Grand View Research has segmented the North America rainscreen cladding market on the basis of material, application, and country:

North America Rainscreen Cladding Raw Material Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2017 - 2028)

• Fiber Cement
• Composite Materials
• Metal
• High Pressure Laminates
• Terracotta
• Ceramics
• Others

North America Rainscreen Cladding Application Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2017 - 2028)

• Residential
• Commercial
• Office
• Institutional
• Industrial

North America Rainscreen Cladding Country Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2017 - 2028)

• US.
• Canada
• Mexico

List of Key Players of North America Rainscreen Cladding Market

• Trespa International B.V.
• Cladding Corp
• Kingspan Group
• Rockwool International A/S
• Rieger Architectural Products
• OmniMax International, Inc.
• TERREAL Group
• SFS Group
• James Hardie Building Products
• DuPont de Nemours, Inc.

About Grand View Research

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

Smart Kitchen Appliances Market to Reflect a Holistic Expansion During 2021 to 2028: Grand View Research Inc.

 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 refrigerators segment 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.

Pneumatic Nebulizers Market Report by Opportunity, Demand, Major Driving Factors and Business Growth Strategies

 Pneumatic Nebulizers Market Growth & Trends

The global pneumatic nebulizers market size is anticipated to reach USD 1.02 billion by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. The market has shown constant growth in the adoption of pneumatic nebulizers as home healthcare devices have been gaining popularity in recent years. Miniaturization of products and technological advancements are also boosting the adoption of home healthcare devices.

As per the Minnesota Department of Health, administration of medication through nebulizer represents a lower infection risk as compared to other aerosol-producing procedures. On the other hand, according to ISAM, aerosols from the nebulizer do not carry viral particles derived from the patient as they are generated from the fluid in the nebulized chamber, which is a non-patient source. Aerosols generated by nebulizers comprise pathogens only when the healthcare workers or patients contaminate the nebulizers. Various recommendations from institutes do not clarify whether it is appropriate to use nebulizers during the pandemic.

However, there are no known cases of passive infection due to nebulizers. Also, the risk of infection, if any, can be avoided if proper COVID-19 precautions are taken. Therefore, the pandemic affected the overall market only to a certain extent. Revolutionary technological progress is rapidly transforming the market. These expansions are producing lucrative potentials. For instance, in March 2019, Breath Technologies announced the initiation of Phase 3 BOSTON clinical study of L-CsA-i for the treatment of bronchiolitis obliterans syndrome via a drug-specific eFlow nebulizer of PARI Pharma that is under investigation.

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Pneumatic Nebulizers Market Report Highlights

• The breath-actuated product segment held the dominant revenue share of the global market in 2020 owing to the increased product demand
• The hospitals & clinics end-use segment led the market in 2020 with a revenue share of more than 66% owing to the high product usage a hospitals & clinics
• In 2020, North America was the dominant regional market owing to the increased prevalence of respiratory diseases and high product adoption
• Europe accounted for the second-largest revenue share in 2020 due to increased geriatric population and awareness about the product
• Asia Pacific region is expected to register the fastest CAGR over the forecast period owing to the presence of emerging countries, such as China and India

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Pneumatic Nebulizers Market Segmentation

Grand View Research has segmented the global pneumatic nebulizers market on the basis of the product, end-use, and region:

Pneumatic Nebulizers Product Outlook (Revenue, USD Million, 2016 - 2028)

• Breath-actuated
• Vented

Pneumatic Nebulizers End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals & Clinics
• Home Healthcare

Pneumatic Nebulizers Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Pneumatic Nebulizers Market

• Koninklijke Philips N.V.
• Omron Corp.
• PARI Pharma
• General Electric Company
• Allied Healthcare Products, Inc.
• BD (Becton, Dickinson & Company)
• GF Health Products, Inc.
• Medline Industries, Inc.
• Briggs Healthcare
• Vectura Group Plc

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.