Fruit And Vegetable Chips Market to Surpass USD 78.4 Billion by 2028: Grand View Research Inc.

 Fruit And Vegetable Chips Market Growth & Trends

The global fruit and vegetable chips market size is expected to reach USD 78.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. Consumers' interest is shifting towards heal thier snacking alternatives over conventional fried snacks as they help in fulfilling the nutritional gap. The increasing prevalence of health issues such as obesity and rising focus towards clean and healthy eating is expected to drive the market.

Consumers are increasingly becoming aware of the negative impacts of fried snacks on their health as they contain high amounts of saturated fats and calories. Moreover, increasing innovative launches by product manufacturers with plant-based ingredients and veggies is augmenting market growth.

Under vegetable chips, potato chips held the largest share in 2020. The high consumer preference for potato chips and rising availability of it in novel flavors and gluten-free range is likely to drive its demand. The growth is supported by product launches by most recognized brands. For instance, in July 2021, Frito Lay launched its new range of potato chips Doritos Cool Ranch and Funyuns Onion.

The fruit chips segment is expected to exhibit a higher CAGR from 2021 to 2028. Consumers are seeking new and innovative ways to enjoy their daily intake of fruits, which is shifting their inclination towards functional and sustainable fruit chips. Constant product launches are driving the segment growth. For instance, in July 2021, RIND Snacks, Inc launched its new range of thin-cut fruit chips in exotic flavors of oranges, kiwis, and apples. The product offers with benefits of natural fiber, and vitamins and antioxidants.

The market is consolidated in nature with the presence of a large number of international players and a few regional players. Luke's Organic, PepsiCo, The Kellogg Company, Calbee North America, Seneca Foods Corp., Hain Celestial, Herr Foods Inc., Campbell Soup Company, Utz Brands, Inc., Greenday are the prominent players in the global market.

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Fruit And Vegetable Chips Market Report Highlights

• Asia Pacific is expected to contribute a majority of the share to become the largest market in 2020. Consumers eating preferences in China has shifted towards healthy snacks that are preservative-free and contain minerals
• The mix vegetable chips segment is projected to register the fastest CAGR of 7.3% from 2021 to 2028 as consumers prefer to eat chips containing more vegetables rather than be limited to only a single vegetable
• The apple fruit chips segment is expected to register significant growth during the forecast period. Apple chips in dried form fulfill the demand for a quick and filling snacks, which is driving its growth
• The online segment is expected to register a CAGR of 6.6% from 2021 to 2028 owing to the shifting consumer’s shopping patterns

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Fruit And Vegetable Chips Market Segmentation

Grand View Research has segmented the global fruit and vegetable chips market on the basis of product, distribution channel, and region:

Fruit & Vegetable Chips Product Outlook (Revenue, USD Million, 2016 - 2028)

• Vegetable
  • Potato
  • Sweet Potato
  • Beetroot
  • Carrot
  • Mix
  • Others
• Fruit
  • Apple
  • Banana
  • Mango
  • Mix
  • Others

Fruit & Vegetable Chips Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Offline
• Online

Fruit & Vegetable Chips Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Fruit and Vegetable Chips Market

• Luke's Organic
• PepsiCo
• The Kellogg Company
• Calbee North America
• Seneca Foods Corp.
• Hain Celestial
• Herr Foods Inc.
• Campbell Soup Company
• Utz Brands, Inc.
• Greenday

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.

Intellectual Property Management Software Market is Expected to Amplify USD 431.6 Million Value by 2028: Grand View Research Inc.

 Intellectual Property Management Software Market Growth & Trends

The global intellectual property management software market size is anticipated to reach USD 431.6 million by 2028, expanding at a CAGR of 15.6% over the forecast period, as per the research conducted by Grand View Research, Inc. Development in the Information and Communication Technologies (ICT) sector, coupled with the growing awareness and adoption of intellectual property management software across emerging economies such as China and India, are expected to offer lucrative opportunities for the market growth.

Furthermore, increasing government initiatives toward creating a digital infrastructure and regulatory framework to monetize and protect creations are also expected to contribute to the growth of the market. For instance, China’s central government has developed a specialized intellectual property division in courts to deal with infringement and is committed to streamlining enforcement processes for trademark violations. Additionally, India is building a digital infrastructure in line with the country’s national IP policy. This initiative will safeguard and promote patents while protecting intellectual properties.

The outbreak of the COVID-19 pandemic has negatively impacted the growth of the market for intellectual property management software. The lockdown restrictions imposed by various governments across the globe have significantly impacted the use of the software. However, the market is expected to witness significant growth with the gradual leniency in restrictions and resumption of businesses.

North America contributed around 40.0% to the total market share in 2020, attributed to the increasing use of patents in the region. For instance, as per the data published by United States Patents and Trademarks Office, the number of patents used in the U.S. totaled 399,055 in 2020, compared to 370,423 in 2019. The regional market is anticipated to witness steady growth over the forecast period as well.

Some of the prominent players in the market for intellectual property management software include Anaqua Inc.; Clarivate; Innovation Asset Group, Inc.; Gemalto NV; CPA Global; and Questel. These players focus on launching new products, applications, and services to enhance their business operations. For instance, in November 2019, CPA Global announced its customer-focused strategy to enhance IP outcomes from improved data-enabled IP decision-making and improved IP productivity across the industry. After the acquisition of ipan/Delegate Group, CPA global operates in two core business divisions namely Software and Tech-Enabled Services.

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Intellectual Property Management Software Market Report Highlights

• The service component segment is expected to dominate the market owing to the increasing demand for post-sale services for software across the globe. The segment is expected to reach USD 237.8 million by 2028
• The cloud deployment segment is anticipated to expand at the highest CAGR of 16.3% over the forecast period
• The commercial end-user segment is expected to dominate the market over the forecast period. It is anticipated to reach USD 255.2 million by 2028
• The patent management segment is anticipated to witness the fastest CAGR of 16.1% over the forecast period. The growth can be attributed to increasing patent registrations and applications globally
• North America is projected to account for the largest market share over the forecast period. The regional market is anticipated to reach USD 163.9 million by 2028. The rapid adoption of technological innovations and the presence of various prominent players in the region are some of the major growth drivers for the market in this region
• Prominent industry participants include Anaqua Inc.; Innovation Asset Group, Inc.; Gemalto NV; CPA Global; and Questel

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Intellectual Property Management Software Market Segmentation

Grand View Research has segmented the global intellectual property management software market based on component, deployment type, end-user, application, and region:

Intellectual Property Management Software Component Outlook (Revenue, USD Million, 2018 - 2028)

• Service
• Software

Intellectual Property Management Software Deployment Type Outlook (Revenue, USD Million, 2018 - 2028)

• On-premise
• Cloud

Intellectual Property Management Software End-user Outlook (Revenue, USD Million, 2018 - 2028)

• Individual
• Commercial

Intellectual Property Management Software Commercial Outlook (Revenue, USD Million, 2018 - 2028)

• BFSI
• IT & Telecom
• Automotive
• Technology
• Others

Intellectual Property Management Software Application Outlook (Revenue, USD Million, 2018 - 2028)

• Patent Management
• Trade Management
• Licensing

Intellectual Property Management Software Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Intellectual Property Management Software Market

• Anaqua Inc.
• Questel
• Gemalto NV
• CPA Global
• Innovation Asset Group 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.

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

 Plastic Compounds Market Growth & Trends

The global plastic compounds market size is expected to reach USD 98.65 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% over the forecast period. The market is estimated to be driven by packaging applications across the globe. The product demand in the packaging industry is driven by high consumerism in major economies, such as China, India, Germany, the U.S., and Brazil. Various regulatory bodies have stipulated guidelines regarding packaging materials in food contact applications. Polypropylene (PP) compounds offer a cost-effective packaging solution and help enhance impact strength, flexibility, clarity, and process efficiency. High demand for Polyethylene (PE) in the packaging industry has majorly contributed to the growth of the packaging end-use segment.

The global COVID-19 pandemic moderately affected the product demand in packaging application in 2020. The demand for packaging for healthcare products, food products, groceries, and e-commerce transportation increased sharply, while the demand for luxury, industrial, and some B2B transport packaging witnessed decline owing to the slowdown and halt in industrial operations. The recommencing industrial operation is expected to positively influence the demand in industrial, and B2B transport packaging in the coming years.

The glass fiber reinforce filler segment is estimated to witness significant growth over the forecast period as these compounds are widely used in building & construction applications. Moreover, they are used to construct domes, fountains, columns, planters, panels, sculptures, façade, roofs, and various other construction components. Components produced using glass fiber reinforced plastics have one-fourth of the weight of steel with similar tensile and compressive strength. Thus, the growth of the building & construction activities across the globe is likely to drive the segment over the forecast period. Glass fiber reinforced plastic is also used for manufacturing boats, which requires water resistance to prevent corrosion and improve the service life of boats.

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Plastic Compounds Market Report Highlights

• In terms of revenue, the automotive end-use segment accounted for the largest revenue share of the global market in 2020 and is expected to witness prominent growth over the forecast period
• Asia Pacific was the dominant regional market in 2020 owing to the growing demand for automobiles in the region coupled with favorable FDI norms by various governments encouraging the adoption of Electric Vehicles (EVs)
• Strategic partnerships, capacity expansions, and new product developments are popular strategies adopted by a majority of players operating in this market
• For instance, in January 2021, Eurostar Engineering Plastics was acquired by Ascend Performance Materials, a Houston-based manufacturer of polyamide 66 resin
• This acquisition helped both the companies to expand their compounding product market globally

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Plastic Compounds Market Segmentation

Grand View Research has segmented the global plastic compounds market on the basis of basis of resin, technology, filler, end use, and region:

Plastic Compounds Resin Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Polypropylene (PP)
• Polyethylene (PE)
• Thermoplastic Elastomers (TPE)
  • Thermoplastic Styrenic Elastomers
    • Saturated
    • Unsaturated
  • Thermoplastic Polyolefins (TPO)
  • Thermoplastic Vulcanizates (TPV)
• Polystyrene (PS)
• Polybutylene Terephthalate (PBT)
• Polyamide (PA)
• Polycarbonates (PC)
• Acrylonitrile Butadiene Styrene (ABS)
• Bioplastic
• Acrylonitrile Styrene Acrylate (ASA)
• Styrene Acrylonitrile (SAN)
• Polymethyl methacrylate (PMMA)
• Polyoxymethylene (POM)
• Blends (PC/ABS, ABS/PBT, PS/PP)

Plastic Compounds Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Injection Molding
• Extrusion
• Blow Molding
• Others

Plastic Compounds Filler Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Unfilled
• Calcium Carbonate-filled
• Talcum-filled
• Glass Fiber Reinforced
• Long Glass Fiber-filled
• Flame Retardant
• Carbon Fiber Reinforced

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

• Automotive
• Appliances
• Electrical, Electronics & Electrotechnical
• Building & Construction
• Furniture
• Power Tools
• Packaging
• Agriculture
• Sport & Leisure
• Healthcare
• Others

Plastic Compounds Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

List of Key Players of Plastic Compounds Market

• Adell Plastics
• Asahi Kasei Corp.
• BASF SE
• Chevron Phillips Chemical Company LLC
• China XD Plastics Co., Ltd.
• Covestro AG
• Dow Inc.
• DuPont
• Qingdao Gon Science & Technology Co., Ltd.
• Foster Corp.

About Grand View Research

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

Civil Aviation Industry to Observe Strong Development by 2028: Grand View Research Inc.

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

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

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

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

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COVID-19 Impact On Civil Aviation Industry, Report Highlights

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

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Civil Aviation Industry Segmentation

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

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

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

About Grand View Research

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

Global Healthcare ERP Market to Account for USD 10.3 Billion by 2028: Grand View Research Inc.

 Healthcare ERP Market Growth & Trends

The global healthcare ERP market size is expected to reach USD 10.3 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. Healthcare organizations are under pressure to adopt technological solutions to curb the rising expenditures, ineffective hospital service management, rising workforce shortage, and growing patient population. The rising awareness regarding benefits associated with adopting ERP systems, such as high-quality care delivery solutions, eliminating back-end manual activities, and minimizing operational expenses, contribute to the healthcare enterprise resource planning market growth.

The growing demand for ERP systems from small and medium businesses to enhance business processes and outcomes are driving the market. Seamless access to centralized data from remote locations improves the functioning and data management of the organization. The COVID-19 pandemic exposed the shortcomings of the existing systems adopted by healthcare organizations. During the pandemic, several businesses began adopting ERP systems to automate and digitalize their business processes and streamline their workflows to enhance their productivity and efficiency.

The finance and billing function segment dominated the market in 2020 owing to the growing need to amalgamate the front-end revenue cycle management processes, such as patient access, with back-end activities such as claims management. The inventory and material management segment is expected to grow significantly over the forecast period due to the feature of real-time access to manufacturing and supply chain management. The on-premises deployment segment dominated the market in 2020 due to minimizing costs and ease of access. The cloud deployment segment is expected to grow lucratively over the forecast period owing to the growth of cloud computing and improved accessibility of the internet.

North America dominated the market in 2020 due to rising adoption rates of advanced ERP systems and the emergence of AI-empowered solutions, coupled with infrastructure development. Asia Pacific is expected to register a significant growth rate over the forecast period owing to the emergence of start-ups providing AI-powered ERP systems, growing public and private partnerships to promote healthcare IT infrastructure, and availability of an economical high-skilled workforce.

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Healthcare ERP Market Report Highlights

• The healthcare enterprise resource planning market growth can be attributed to the growing digitalization of business processes to streamline workflows
• In terms of function, the finance and billing segment dominated the market in 2020, owing to the need to lower barriers between front-end revenue cycle management processes and back-end activities
• The on-premises deployment segment dominated the market in 2020 owing to the ease-of-access and minimum maintenance cost of ERP solutions
• North America dominated the market in 2020 due to the rise in adoption of advanced ERP systems and the significant presence of market players

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Healthcare ERP Market Segmentation

Grand View Research has segmented the global healthcare ERP market based on function, deployment, and region:

Healthcare ERP Function Outlook (Revenue, USD Million, 2016 - 2028)

• Inventory and Material Management
• Supply Chain and Logistics Management
• Patient Relationship Management
• Finance and Billing
• Others

Healthcare ERP Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• On-premises
• Cloud

Healthcare ERP Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Healthcare ERP Market

• McKesson Corporation
• Microsoft
• Infor
• Odoo
• SAP
• Oracle
• Epicor Software Corporation
• QAD, Inc.
• Aptean
• Sage 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.

Winter Sporting Goods Market Estimated To Flourish By 2028: Grand View Research Inc.

 Winter Sporting Goods Market Growth & Trends

The global winter sporting goods market size is anticipated to reach USD 578.4 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2021 to 2028. The rising popularity of outdoor activities including snow sports among consumers, because of the growing awareness regarding these sports’ mental and physical benefits, is driving the winter sporting goods demand, thereby supporting this market’s growth. Furthermore, the growing consumer interest in nature-based sports that offer leisure as well as competitiveness has been promoting the demand for winter sports products including sleds and tubes.

The increasing concern among consumers for a healthy lifestyle coupled with the rising acceptance of various winter sports activities, such as skiing, snowboarding, cross-country skiing, sledding, and ice skating, especially in countries with cold weather like the U.S., Canada, Germany, Sweden, France, and Austria, has increased the popularity of winter sports. The growing popularity of several winter sports, including figure skating, bobsled, luge, and Alpine snowboarding in the Olympic Games, is also boosting the growth of the market.

The snow tube segment is expected to register a faster CAGR of 6.6% during the forecast year from 2021 to 2028. This segment’s growth can be attributed to the rising demand for different types of tubes that are light in weight and more comfortable in handling and sporting as compared to other winter goods. Additionally, children and beginners primarily prefer a snow tube, as it allows a person to sit up a little higher than most sleds, thereby decreasing the risk of injuries in case of imbalance. This factor makes tubes stand out as compared to other conventional winter sports goods.

In offline sales channels, retailers act as the major distributors of winter sporting goods. Several retailers offer discounts on their products for consumers with specific club memberships, thereby influencing their purchasing decisions. Manufacturers of these products are opening new retail outlets as a part of their expansion strategy.

The growing popularity of e-commerce platforms and the increasing preference for online shopping have compelled manufacturers to lean on online distribution for better visibility and a wider consumer reach. Several manufacturers are increasingly focusing on implementing the direct-to-consumer approach to generate more sales through their online retail platforms.

Amid the Covid-19 pandemic, several brick-and-mortar stores have taken a major hit owing to the need for social distancing in most infected countries, however, e-commerce has emerged as the go-to distribution channel for supplies since the outbreak.

Asia Pacific is considered to be a lucrative market for winter sports goods. A rapidly expanding consumer base of sports and wealthy middle- coupled with high working-class individuals who are spending on adventure sports and travel continue to support the growth of sporting goods sales within the region. Winter sports events and infrastructure, in particular, have been growing at a significant rate over the past few years, though the industry is still at a nascent stage. For instance, in 2019, a 100,000 sq. ft. ski park named Ski India was launched, which includes numerous winter sports events, including an ice-skating rink, a ski track, slopes for tube rides, sledding, and tobogganing.

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Winter Sporting Goods Market Report Highlights

• The tubes product segment is projected to be the fastest-growing segment by progressing at a compound annual growth rate (CAGR) of 6.6% over the forecast period
• The offline distribution channel segment was valued at USD 211.42 million in 2020 and is expected to reach USD 346.34 million by 2028
• North America region is foreseen to remain at the forefront regarding market share and projected to account for a total market share of over 38% in 2028

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Winter Sporting Goods Market Segmentation

Grand View Research has segmented the global winter sporting goods market on the basis of product, distribution channel, and region:

Winter Sporting Goods Product Outlook (Revenue, USD Million, 2016 - 2028)

• Sleds
  • Plastic
  • Foam
  • Others
• Tubes
  • Plastic
  • Foam
  • Others

Winter Sporting Goods Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Winter Sporting Goods Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Winter Sporting Goods Market

• Tube Pro, Inc.
• Airhead Sports Group
• L. Bean
• Agit Global, Inc.
• Paricon
• Bestway Inflatables & Material Corp.
• Emsco Group
• Slippery Racer
• Franklin Sports Inc.
• Gizmo Riders
• Surf 9 LLC
• Zipfy
• PoolCandy

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.

Infectious Disease Molecular Diagnostics Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Infectious Disease Molecular Diagnostics Market Growth & Trends

The global infectious disease molecular diagnostics market size is expected to reach USD 40.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 3.0% from 2020 to 2028. The market is driven by the introduction of technologically advanced products and an increase in demand for molecular diagnostics in PoC settings.

Rapid technological advancements with portability, accurate results, and cost-effectiveness are anticipated to serve as crucial drivers of the market for infectious disease molecular diagnostics. Companies are upgrading their products by implementing new techniques to gain specific and accurate results. Key players are updating their product portfolio for PCR instruments with increased R&D initiatives for developing novel kits to target emerging diseases or by entering into agreements with other kit manufacturing companies.

Technologies such as INAAT, mass spectroscopy, and ISH are advanced and have a low false-positive rate as compared to other traditional diagnostic tests. Advantages such as the cost-effectiveness and user-friendliness of this technology and the accuracy offered are estimated to increase the adoption of this technology.

The use of molecular diagnostics in research institutes is increasing. The use of techniques such as PCR, western blotting, and southern blotting is becoming common. Moreover, the spread of SARS-CoV-2 infection globally has led to an increase in research funding by governments as well as diagnostic companies to search for innovative molecular diagnostics.

Molecular diagnostics deliver effective and accurate results. Moreover, these tests enable the early detection of diseases, maintaining a low threat of substitutes. However, the high prices of these tests are expected to encourage patients to shift to external substitutes. Moreover, for the detection of newer infections such as SARS-CoV-2, the rate of internal substitution is high, which boosts competitive rivalry.

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Infectious Disease Molecular Diagnostics Market Report Highlights

• The reagent segment is expected to exhibit the fastest growth rate attributable to increased adoption
• The growing geriatric population in Asian countries, such as Japan and China, with high untapped opportunities is expected to drive the market for infectious disease molecular diagnostics in the region during the forecast period
• The In Situ Hybridization (ISH) segment is anticipated to witness the fastest growth rate owing to high sensitivity and lower complexity
• The high growth rate of the market for infectious disease molecular diagnostics in the Asia Pacific can be attributed to increased access to healthcare in the developing nations

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Infectious Disease Molecular Diagnostics Market Segmentation

Grand View Research has segmented the global infectious disease molecular diagnostics market based on product, end use, technology, application, and region:

Infectious Disease Molecular Diagnostics Product Outlook (Revenue, USD Million, 2017 - 2028)

• Instruments
• Reagents
• Services

Infectious Disease Molecular Diagnostics End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Hospitals
• Clinics
• Diagnostics Laboratories
• Research Institutes

Infectious Disease Molecular Diagnostics Technology Outlook (Revenue, USD Million, 2017 - 2028)

• Polymerase Chain Reaction (PCR)
  • PCR, by Type
    • Multiplex PCR
    • Other PCR
  • PCR, by Product
    • Instruments
    • Reagents
    • Services
  • In Situ Hybridization
    • Instruments
    • Reagents
    • Services
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
    • Instruments
    • Reagents
    • Services
  • Chips and Microarrays
    • Instruments
    • Reagents
    • Services
  • Mass Spectrometry
    • Instruments
    • Reagents
    • Services
  • Sequencing
    • Instruments
    • Reagents
    • Services
  • Transcription Mediated Amplification
    • Instruments
    • Reagents
    • Services
  • Others
    • Instruments
    • Reagents
    • Services

Infectious Disease Molecular Diagnostics Application Outlook (Revenue, USD Million, 2017 - 2028)

• Respiratory Diseases
• Tuberculosis
• Meningitis
• Gastrointestinal Tract Infections
• HPV
• Sexually Transmitted Infections
• Sepsis
• Drug Resistance Diseases
• Other Infectious Diseases

Respiratory Diseases Outlook (Revenue, USD Million, 2017 - 2028)

• Respiratory Diseases, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Respiratory Diseases, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Respiratory Diseases, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Tuberculosis Outlook (Revenue, USD Million, 2017 - 2028)

• Tuberculosis, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Tuberculosis, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Tuberculosis, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Meningitis Outlook (Revenue, USD Million, 2017 - 2028)

• Meningitis, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Meningitis, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Meningitis, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Gastrointestinal Tract Infections Outlook (Revenue, USD Million, 2017 - 2028)

• Gastrointestinal Tract Infections, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Gastrointestinal Tract Infections, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Gastrointestinal Tract Infections, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

HPV Outlook (Revenue, USD Million, 2017 - 2028)

• HPV, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• HPV, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• HPV, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Sexually Transmitted Infections Outlook (Revenue, USD Million, 2017 - 2028)

• Sexually Transmitted Infections, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Sexually Transmitted Infections, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Sexually Transmitted Infections, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Sepsis Outlook (Revenue, USD Million, 2017 - 2028)

• Sepsis, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Sepsis, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Sepsis, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Drug Resistance Disease Outlook (Revenue, USD Million, 2017 - 2028)

• Drug Resistance Disease, By Product (Revenue, USD Million, 2017 - 2028)
  • Instruments
  • Reagents
  • Services
• Drug Resistance Disease, By End Use (Revenue, USD Million, 2017 - 2028)
  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Research Institutes
• Drug Resistance Disease, By Technology, (Number of Tests Performed from 2017 - 2028 in Million) (Revenue, USD Million, 2017 - 2028)
  • Polymerase chain reaction (PCR)
  • In Situ Hybridization
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
  • Chips and Microarrays
  • Mass Spectrometry
  • Sequencing
  • Transcription Mediated Amplification
  • Others

Infectious Disease Molecular Diagnostics Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Infectious Disease Molecular Diagnostics Market

• Abbott
• Becton, Dickinson and Company
• bioMérieux SA
• Bio-Rad Laboratories, Inc.
• Agilent Technologies, Inc.
• Danaher Corporation
• Hologic, Inc. (Gen-Probe)
• Illumina, Inc.
• Grifols S.A.
• Qiagen
• Hoffmann-La Roche Ltd
• Siemens Healthineers AG
• Sysmex Corporation

About Grand View Research

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

Laundry Sanitizer Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2028

 Laundry Sanitizer Market Growth & Trends

The global laundry sanitizer market size is expected to reach USD 44.5 million by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 2.7% from 2021 to 2028. The growing preference for laundry care products, coupled with the rise in infectious diseases, is accelerating the growth of the market. Several key players in the market are launching laundry sanitizers in different fragrances and qualities, thereby increasing the market demand.

As per Baxter, a healthcare company, players in the detergent market are marketing laundry products with sanitizing and cleaning properties during the COVID-19 pandemic. Moreover, as per Novozymes, close to 41% of customers are looking for sustainable laundry products and are educating themselves on the types of cleaning products present in the market. This, in turn, has increased the demand for natural products.

According to Henkel Corporation, since the start of the pandemic, there has been a rise in washing clothes and an increase in the number of washing cycles owing to the fear of germs and bacteria. This trend will further help the market to grow in the upcoming years.

The rise in residential construction, coupled with the increasing household expenditure, has increased the demand for laundry cleaning products. In addition, as per Alpha Aromatics, consumers are engaged with scented products owing to which several commercial companies are producing products in several fragrances. For instance, brands like Dettol, Lysol, and Savlon are providing laundry sanitizers in scents, like crisp linen and spring blossom.

Request a free sample copy or view report summary: Laundry Sanitizer Market Report

Laundry Sanitizer Market Report Highlights

• Based on type, the plain segment held the largest share in 2020 owing to the rising demand for sustainable laundry products
• In 2020, Asia Pacific held the largest share owing to a rise in disposable income and increasing demand for innovative fragrances. The region is also anticipated to witness the fastest growth from 2021 to 2028. The presence of key players like ITC Ltd. and Dabur India Ltd. in the region is driving the APAC market
• The market is characterized by the presence of several players. In 2019, Tide launched an anti-bacterial spray, which can be used on fabrics
• Companies in the industry are encouraged by the consumers who are looking out for cleaning products and laundry sanitizers owing to the advent of the pandemic. Several companies have launched laundry sanitizers during the pandemic. In 2020, Dettol launched a program to help businesses create hygiene awareness regarding sanitizing solutions

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

Laundry Sanitizer Market Segmentation

Grand View Research has segmented the global laundry sanitizer market based on type and region:

Laundry Sanitizer Type Outlook (Revenue, USD Million, 2016 - 2028)

• Scented
• Plain

Laundry Sanitizer 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 Laundry Sanitizer Market

• Unilever
• ITC Ltd.
• Dabur India Ltd.
• The Clorox Company
• Micro Balance Health Products
• Reckitt Benckiser Group PLC
• Procter & Gamble
• Church & Dwight Co. Inc.
• Spectrum Brands Inc.
• Cosmo Films 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.

Data Center Substation Market to Reflect a Holistic Expansion During 2021 to 2030: Grand View Research Inc.

 Data Center Substation Market Growth & Trends

The global data center substation market size is expected to reach USD 14.80 billion by 2030, registering a CAGR of 5.6% from 2021 to 2030, according to a study conducted by Grand View Research, Inc. Data centers are a vital part of the IT infrastructure of the digitized society. New data-intensive technologies and high-speed wireless networks have led to an increased demand for data centers among businesses of all sizes, right from major electricity-intensive industries to limited enterprise computing centers.

Amidst the COVID-19 pandemic, the exponential rise in data generated and consumed by various individuals and organizations has led to the surge in demand for data storage, resulting in the rising number of reliable and efficient data centers. Globally, data centers are evolving as computational hubs for several enterprises and end users with the increasing number of work-from-home jobs. As a result, the unprecedented rise in data generation and the need to improve the performance of data centers have boosted the demand for constructing new data centers and restoring the existing ones. Thus, an increase in the number of data center restoration and construction projects is likely to provide growth avenues for the market in near future.

The rising demand for electrical power systems that are smart, automated, and can help reduce the carbon footprint serves as a catalyst for advancements in the market. Substations with Gas Insulated Switchgear (GIS) are unrivaled in terms of reliability, compactness, efficiency, safety, and providing maximum power availability. Their low maintenance and robust design help minimize the substation footprint. Though GIS substations have a high initial cost, they have a longer lifecycle and require minimum maintenance, serving to reduce lifecycle operating expenses while maximizing the availability of power from the substation. Recent developments in key substation components, such as power transformers, gas-insulated switchgear, fiber-optic current sensors, and high-voltage circuit breakers, have enabled their digitization and moved into the digital age.

For instance, in March 2020, ABB introduced a purpose-built substation to offer tailored solutions to the rapidly growing data center industry. The substation is designed to be safe and highly reliable while enabling efficient operation and maintenance during the entire lifecycle. The new substation is around 30% smaller in size and utilizes 50% lesser copper on control cables. The substation replaces copper cables with fiber optics and reduces the physical connections through digitization. The rising focus on the replacement of old electrical substation infrastructure with upgraded, high-quality, modular, digital, and gas-insulated systems is also expected to augment the market growth.

Request a free sample copy or view report summary: Data Center Substation Market Report

Data Center Substation Market Report Highlights

• The switchgear segment held the largest market share in 2020 and is expected to register the fastest growth of CAGR 7.1% over the forecast period owing to the rising data center construction activities worldwide
• The Gas Insulated Switchgear (GIS) sub-segment held the largest share in the switchgear segment. The rising energy demand and replacement of conventional switchgear at data center substations are driving the demand for gas-insulated switchgear
• In 2020, the above 500kV segment accounted for the largest market share, capturing over 38.8% of the overall demand. A rise in demand for medium to high voltage substations played a pivotal role in driving the demand for this segment
• North America emerged as a market leader and accounted for 38.0% of the global revenue share in 2020, owing to the presence of data-intensive incumbents as well as start-ups in the region. The region boasts a large number of data center constructions, which, in turn, is increasing the demand for energy-efficient data center substations
• Asia Pacific is anticipated to emerge as the fastest-growing region over the forecast period.
• The global market is characterized by intense competition among established players such as Eaton; Siemens Energy; Schneider Electric; General Electric; and Hitachi ABB Powergrids Inc. Key market players are focused on introducing technologically advanced products to cater to the market demands

Access Press Release@ https://www.grandviewresearch.com/press-release/global-data-center-substation-market

Data Center Substation Market Segmentation

Grand View Research has segmented the global data center substation market based on component, voltage type, and region:

Data Center Substation Component Outlook (Revenue, USD Million, 2018 - 2030)

• Transformers
• Switchgears
  • Air Insulated
    • Circuit Breakers
    • Others
  • Gas Insulated
• Relays
• Capacitors
• Busbars
• Surge Arrestors

Data Center Substation Voltage Type Outlook (Revenue, USD Million, 2018 - 2030)

• 33 kV - 110 kV
• 110 kV - 220 kV
• 220 kV - 500 kV
• Above 500 kV

Data Center Substation Region Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Ireland
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East
• Africa

List of Key Players in the Data Center Substation Market

• Eaton
• General Electric
• Hitachi ABB Powergrids Inc.
• NEI Electric Power Engineering, Inc.
• NR Electric Co., Ltd.
• S&C Electric Company
• Tesco Automation Inc.
• Hyosung Heavy Industries
• Schneider Electric
• Siemens Energy

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.