Human Resource Management Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 Human Resource Management Market Growth & Trends

The global human resource management market size is expected to reach USD 43.29 billion by 2028, registering a CAGR of 12.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing adoption of HR software to enhance, simplify, and improve HR operations is expected to drive the growth of the market. Enterprises have recognized incorporating a goal-oriented model into workforce operations as one of the future trends in human resource management (HRM). Companies have also realized that the enterprise can be driven toward achieving collective goals by promoting corporate culture among employees. Hence, organizations are gradually adopting various innovative HR tools to execute and establish these objectives, thereby driving the growth of the HRM market.

The human resource management function has been evolving rapidly over the past decade in line with the advances in technology. The continued deployment of the latest technologies, such as predictive analytics and Artificial Intelligence (AI), which can potentially help both employees and employers in mitigating the inherent challenges in managing work, is also poised to benefit organizations. For instance, NICE Ltd. has made significant investments in solutions based on AI and ML, which have been embedded into the company’s core workforce management solution. Furthermore, automated workforce optimization, which has gained traction across all industries and industry verticals in the wake of the COVID-19 pandemic, is expected to emerge as the preferred option, even during the post-pandemic era. AI-based workforce optimization leverages AI to forecast the variations in demand, generates employee schedules, and matches the workforce against the workload.

Due to the continued globalization, HRM solution providers are focusing on leveraging the advances in technology and enhancing their software solutions in line with the changing requirements of the customers. Market players are also investing in R&D activities to provide HRM solutions that are easy to deploy and understand and can potentially increase work efficiency. Key market participants providers, such as Oracle Corp. and SAP SE, have started offering their products on the cloud as part of the efforts to eliminate the need for frequent system upgrades.

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Human Resource Management Market Report Highlights

• The need to overcome the challenge of finding the right talent is expected to drive the talent management software market growth over the next few years. The segment is expected to grow at a CAGR of over 14%
• The post-COVID effects are likely to be witnessed as many organizations have given the option of working remotely to their employees even after the pandemic is over. Such trends are expected to increase the deployment of hosted HRM software, thereby driving the segment growth over the forecast period
• Advances in the latest technologies, such as AI and Internet of Things (IoT), and the continued implementation of these technologies in HR analytics are expected to drive the market over the forecast period
• The continued rollout of internet connectivity and favorable initiatives being pursued by various governments to encourage the adoption of digital technologies and mobile applications to enhance organizational productivity are expected to contribute to the market growth
• The growing adoption of HR analytics and its integration with HRM solutions to make better and informed decisions is expected to play a vital role in driving the HRM market growth

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Human Resource Management Market Segmentation

Grand View Research has segmented the global human resource management market based on component, software, service, deployment, enterprise size, end-use, and region:

Human Resource Management Component Outlook (Revenue, USD Million, 2017 - 2028)

• Software
• Service

Human Resource Management Software Outlook (Revenue, USD Million, 2017 - 2028)

• Core HR
• Employee Collaboration & Engagement
• Recruiting
• Talent Management
• Workforce Planning & Analytics
• Others

Human Resource Management Service Outlook (Revenue, USD Million, 2017 - 2028)

• Integration & Deployment
• Support & Maintenance
• Training & Consulting

Human Resource Management Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• Hosted
• On-premise

Human Resource Management Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)

• Large Enterprise
• Small & Medium Enterprise (SME)

Human Resource Management End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Academia
• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Human Resource Management Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • France
  • Germany
  • UK.
• Asia Pacific
  • Australia
  • China
  • India
  • Japan
  • Singapore
  • Thailand
  • Hong Kong
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)

List of Key Players of Human Resource Management Market

• Accenture
• ADP, Inc.
• Cezanne HR Ltd.
• Ceridian HCM Holding, Inc.
• International Business Machines Corp. (IBM)
• Kronos Incorporated (now Ultimate Kronos Group)
• Mercer LLC
• NetSuite, Inc.
• Oracle
• PwC
• SAP SE
• Talentsoft
• UKG, Inc.
• Workday, 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 Agriculture Market Size, Industry Share And Growth Analysis For 2021-2028: Grand View Research Inc.

 Smart Agriculture Market Growth & Trends

The global smart agriculture market size is anticipated to reach USD 29.18 Billion by 2028, expanding at a CAGR of 10.6%, according to a new report by Grand View Research, Inc. Factors such as consistent growth in population, low availability of cultivable land, government incentives, and demand for fresh and high-quality food are expected to drive the smart greenhouse market. According to World Health Organization (WHO) and Population Council, 80% of the global population resides in urban cities. The prevailing scarcity of land in urban cities has urged growers to adopt new solutions for developing fresh produces. For instance, the vertical farming technique enables consumers to grow crops indoor in layers, in a multi-story building, stacked on racks, or in a warehouse.

The growing population is expected to result in an increased food demand by 2050. Farmers are likely to witness immense pressure in increasing crop production either by making more land available to grow crops or adopting newer techniques, such as smart agriculture and vertical farming. Traditional farming techniques witness several barriers such as climate change, high labor cost. These disadvantages can be overcome with the use of technologies such as LED indoor farming, which creates a nature-like condition to help farmers meet the swelling food demand. Additionally, the changing preference of consumers toward healthier and fresh foods is expected to drive market growth over the forecast period.

Agri M2M offers significant opportunities to mobile operators owing to its potential to generate additional revenue through value-added services. For instance, bundling M2M services with a voice or data offering for rural enterprise customers is likely to enhance the application of M2M.

Agri VAS has been developed to overcome the information gap faced by farmers in emerging markets such as China and India. Additionally, it also helps in connecting the cultivators with other key players in the agriculture supply chain. Agriculture Value Added Services (VAS) have increased over the past few years owing to their rising awareness among VAS providers, mobile operators, and farmers. A few types of M2M connectivity include cellular M2M, satellite & fixed network, power line, and short range connections such as Wi-Fi, Ethernet, and ZigBee.

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Smart Agriculture Market Report Highlights

• The growing trend of producing biopharmaceutical products under a controlled environment is expected to drive the smart greenhouse market demand over the projected period.
• The software segment is expected to portray the highest growth rate, registering a CAGR of 16.7% over the forecast period.
• The LED grow light segment is anticipated to witness a considerable growth rate over the forecast period.
• The indoor farming technique makes use of LED to create natural surroundings for growing vegetables and herbs.
• The advent of modern agriculture technology along with the flexible pricing of connected devices is likely to influence the South American regional market demand.
• Various organizations are investing heavily in R&D to offer efficient and low-cost solutions to consumers.
• Key players in the smart agriculture market include CropMetrics LLC (U.S.), Drone Deploy (U.S.), DeLaval International AB (Sweden), DICKEY-john Corporation (U.S.), and Farmers Edge, Inc. (Canada), among others.

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Smart Agriculture Market Segmentation

Grand View Research has segmented the global smart agriculture market based on agriculture type, offering, application, and region:

Smart Agriculture Agriculture Type Outlook (Revenue, USD Million, 2017 - 2028)

• Precision farming
• Livestock monitoring
• Smart greenhouse
• Others

Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
  • Automation & control systems
    • Drones
    • Application control devices
    • Guidance system
      • GPS
      • GIS
    • Remote sensing
      • Handheld
      • Satellite sensing
    • Driverless tractors
    • Mobile devices
    • VRT
      • Map-based
      • Sensor-based
    • Wireless modules
      • Bluetooth technology
      • Wi-Fi technology
      • Zigbee technology
      • RF technology
    • Milking robots
  • Sensing devices
    • Soil sensor
      • Nutrient sensor
      • Moisture sensor
      • Temperature sensor
    • Water sensors
    • Climate sensors
    • Others
  • HVAC system
  • LED grow light
  • RFID tags & readers
• Software
  • Web-based
  • Cloud-based
• Services
  • System integration & consulting
  • Maintenance & support
  • Managed services
    • Data services
    • Analytics services
    • Farm operation services
  • Assisted professional services
    • Supply chain management services
    • Climate information services

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

• Precision farming application
  • Yield monitoring
    • On-farm
    • Off-farm
  • Field mapping
  • Crop scouting
  • Weather tracking & forecasting
  • Irrigation management
  • Inventory management
  • Farm labor management
• Livestock monitoring application
  • Milk harvesting
  • Breeding management
  • Feeding management
  • Animal comfort management
  • Others
• Smart greenhouse application
  • Water & fertilizer management
  • HVAC management
  • Yield monitoring
  • Others

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

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

List of Key Players of Smart Agriculture Market 

• Ag Leader Technology
• AGCO Corporation
• AgJunction, Inc.
• AgEagle Aerial Systems Inc.
• Autonomous Solutions, Inc.
• Argus Control Systems Ltd
• BouMatic Robotic B.V.
• CropMetrics
• CLAAS KGaA mbH
• CropZilla
• Deere & Company
• DICKEY-john
• DroneDeploy
• DeLaval Inc.
• Farmers Edge Inc.
• Grownetics, Inc.
• Granular, Inc.
• Gamaya
• GEA Group Aktiengesellschaft
• Raven Industries
• SST Development Group, Inc.
• Trimble Inc.
• The Climate Corporation
• Topcon

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 Safety Equipment Market Industry Analysis , Opportunity Assessment And Forecast Till 2028: Grand View Research Inc.

 Fire Safety Equipment Market Growth & Trends

The global fire safety equipment market size is expected to reach USD 72,644.51 million by 2028, expanding at a CAGR of 6.6% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Strict government regulations and mandates concerning workplace safety are expected to be the key factors driving the market growth. Increasing awareness about the benefits of installing fire safety and security equipment and demand for state-of-the-art fire protection equipment are also expected to fuel the growth.

Transition toward the installation of technologically advanced fire detection systems, and eco-friendly fire suppression agents is also expected to support the market development over the forecast period. Advent of smart fire suppression and detection systems, proliferation of Internet of Things (IoT) for the wireless integration of such systems, enforcement of various safety and building codes, and increasing fire safety expenditure by enterprises are several other factors responsible for market growth.

Increasing accidents and loss of property owing to fire breakouts has alarmed the need for installation of smart systems, such as wireless sensor networks, across the industrial, commercial, and residential sectors. Therefore, regulatory bodies across various countries are framing new regulations focusing on mandating the installation of fire safety equipment. North America led the market in 2020 and is expected to continue the dominance over the forecast period. Rapid growth of the construction industry in Canada and the U.S. is driving the demand for fire safety equipment.

Increasing automation in buildings and preference for smart homes along with rising demand from the mining and manufacturing industries in the region is expected to bolster the demand further. Asia Pacific is expected to exhibit the highest CAGR over the forecast period. Growing need for mass transportation, such as airport security, including intelligent transportation systems, due to rapid industrialization and urbanization in emerging economies like India, China, and Japan, is anticipated to offer lucrative growth opportunities for the market.

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Fire Safety Equipment Market Report Highlights

• Fire detection segment is expected to lead the market owing to the advent of advanced technology, such as wireless detection and wireless networking, thus reducing the installation costs
• Industrial segment dominated the market in 2020. Oil and gas and mining industries are highly prone to fire accidents due to involvement of flammable materials; thus, account for the maximum demand for suppression systems
• North America led the global market in 2020 and is expected to continue the dominance over the forecast period due to stringent fire safety regulations and rapid infrastructural developments.

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Fire Safety Equipment Market Segmentation

Grand View Research has segmented the global fire safety equipment market based on solution, application, and region:

Fire Safety Equipment Solution Outlook (Revenue, USD Million, 2018 - 2028)

• Detection
  • Detector
  • Alarm
• Suppression
  • Extinguisher
  • Sprinkler

Fire Safety Equipment Application Outlook (Revenue, USD Million, 2018 - 2028)

• Commercial
• Industrial
• Residential

Fire Safety Equipment Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Fire Safety Equipment Market

• Robert Bosch GmbH
• Eaton Corp., Inc.
• Gentex Corp.
• United Technologies Corp
• Space Age Electronics
• Halma plc
• Siemens Building Technologies
• Hochiki Corp.
• Nittan Company, Ltd.
• Honeywell International, Inc.
• Napco Security Technologies, Inc.
• Johnson Controls

About Grand View Research

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

Electric Scooter Market is Projected To Grow Moderately at 7.6% CAGR through 2028: Grand View Research Inc.

 

Electric Scooters Market Growth & Trends

The global electric scooters market size is expected to reach USD 34.7 billion by 2028, expanding at a CAGR of 7.6% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Increasing adoption of electric scooters(e-scooters) among the young population, the rising purchasing power of the middle-class community in developing countries, and rapid urbanization are expected to significantly drive product demand across the globe. Electric scooters offer affordable last-mile transportation as compared to on-demand transportation. Agility and ease of maneuver in densely populated areas with high traffic congestion are additional advantages these vehicles offer, which is expected to fuel market growth.

Consumer satisfaction is another essential factor for vendors trying to retain existing customers or looking to expand their customer base. It can be measured using various parameters such as durability, maintenance expense, performance, comfort and safety, and operating cost. Vendors are trying to focus on two critical factors to attract customers: design/style and specifications. In May 2019, Pure EV launched two electric scooters for the Indian market, EPLUTO, and ETRANCE, with a long range of 120kms per charge. The ETRANCE scooter has a ground to handle the height of about 3.5ft and weighs around 47kgs. These specifications were specifically designed with the women population in the country.

The year 2018 witnessed the introduction of various battery-operated two-wheelers, for instance, Vespa Electrica by Piaggio & C. SPA. The following year was highly promising for most electric scooter vendors owing to the various strategies adopted by them to expand their fleet to international markets. Besides this, well-established two-wheeler companies launched their electric scooters and invested in the installation of charging systems and infrastructure across various countries. For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market. GenZe By Mahindra, YAMAHA Motor Pvt. Ltd., VÄSSLA ELECTRIC SCOOTERS., and PURE EV are among other players that integrated swappable battery systems in their electric scooter variants. Moreover, the governments in several Asian and European countries have been offering subsidies to drive the sale of battery-powered two-wheelers. These initiatives are anticipated to become more robust with increasing gasoline prices.

The Asia Pacific dominated the global market in 2020 and is predicted to continue its dominance over the forecast period. The growth is accredited to the presence of an increasing number of e-scooter manufacturers and rising vehicle charging infrastructural investments in countries such as Taiwan, India, and China. In 2020, China acquired over 84% of the revenue in the Asia Pacific market. North America is poised to grow at a considerable pace from 2021 to 2028. The growth in the region is owing to the faster adoption of electric vehicles in the U.S. as an alternative to traditional fuel transportation.

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Electric Scooters Market Report Highlights

• By product, the retro segment is expected to dominate the e-scooters market owing to significant demand for the same among the youth and elderly population
• Based on battery, the sealed lead acid segment dominated the market with more than 60% revenue share in 2020 due to benefits such as low cost, and robustness. However, the share is anticipated to decline swiftly owing to a significant rise in demand for Li-Ion batteries
• The Asia Pacific is expected to be the largest regional market over the forecast period owing to significant investments in vehicle charging infrastructure and government subsidies for battery-powered scooters
• Prominent industry participants include Gogoro, Inc.; Mahindra GenZe; Gogoro, Inc.; Jiangsu Xinri E-vehicle Co. Ltd.; and Hero Electric

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Electric Scooters Market Segmentation

Grand View Research has segmented the global electric scooters market based on the product, battery, voltage, and region:

Electric Scooters Product Outlook (Revenue, USD Million, 2018 - 2028)

• Retro
• Standing/Self-Balancing
• Folding

Electric Scooters Battery Outlook (Revenue, USD Million, 2018 - 2028)

• Sealed Lead Acid
• NiMH
• Li-Ion

Electric Scooters Voltage Outlook (Revenue, USD Million, 2018 - 2028)

• 24V
• 36V
• 48V
• Greater than 48V

Electric Scooters Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Electric Scooters Market

• Mahindra GenZe
• BMW Motorrad International
• Vmoto Limited
• Terra Motors Corporation
• Gogoro Inc.
• Jiangsu Xinri Electric Vehicle Co. Ltd.

About Grand View Research

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

Supply Chain Analytics Market to Undertake Strapping Growth By 2028

 Supply Chain Analytics Market Growth & Trends

The global supply chain analytics market size is expected to reach USD 16.07 billion by 2028, registering a CAGR of 17.3% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growing demand to manage the increasingly large volumes of business data and use insights derived from it for strategic applications are triggering the demand for supply chain analytics (SCA). The increasing awareness among enterprises about the benefits offered by supply chain analytics in improving visibility across the entire supply chain is instrumental in driving the demand for analytics solutions.

SCA solutions enable enterprises to achieve growth, enhance profitability, and increase market share by utilizing the derived insights in making strategic decisions. Improved visibility across the supply chain can help organizations enhance sustainability, reduce inventory cost, and accelerate the time-to-market for products in the long run. Factors such as shortening product life cycles, low visibility in traditional supply chains, ineffective supplier networks, elevated warehousing costs, redundant forecasts, and fluctuating customer demands necessitate supply chain optimization, thereby driving the market growth.

The increased availability of cloud-based SCA solutions has triggered their demand among small and medium enterprises owing to benefits such as easy deployment, shorter implementation window, effective use of IT resources, and flexibility and mobility offered by these solutions. Another notable trend in the market is the increased demand for risk analytics solutions across all industries. Risk analytics solutions address multiple issues associated with the supply chain by providing an analysis of scenario and sensitivity, stochastic optimization, and risk mitigation.

Improved effectiveness of business outcomes and cost-effectiveness of supply chain management resulting from the adoption of supply chain analytics is also expected to encourage the adoption of SCA solutions in several end-use applications. Demand is expected to remain strong across application areas such as retail and consumer goods, healthcare, and manufacturing. Moreover, the ability of supply chain analytics to enable effective and efficient management of end-to-end business processes is expected to propel the market growth over the forecast period.

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Supply Chain Analytics Market Report Highlights

• In terms of solution, the sales and operations analytics segment is anticipated to register considerable growth over the forecast period. This growth can be attributed to the growing use of machine learning in supply chain analytics solutions to dissect and aggregate data and produce predictive, descriptive, and prescriptive insights
• In terms of service, the professional segment dominated the market in 2020 and is expected to retain its dominance over the forecast period. The growing automation of professional services due to the adoption of big dataand analytics, coupled with the increasing demand for improved mobility among service consultants, is expected to drive the growth of the segment
• In terms of deployment, the cloud segment is anticipated to register the highest CAGR from 2021 to 2028. Cloud-based solutions allow businesses to access data across connected devices at any point, which increases the scope for customization and enables the implementation of analytical tools across multiple business channels.
• In terms of enterprise size, the large enterprise segment is anticipated to register promising growth over the forecast period. This growth can be attributed to the rising demand for robust monitoring solutions and automation capabilities for resource allocation and strategic decision-making across large organizations
• In terms of end use, the high technology product segment is expected to register a promising growth rate from 2021 to 2028. This growth can be attributed to the increasing demand for advanced technology products and the increasing import and export of these high technology products worldwide
• In terms of region, the North America region dominated in 2020. The regional market is expected to retain its dominance over the forecast period, chiefly owing to the presence of a large number of SCA service providers in the region

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Supply Chain Analytics Market Segmentation

Grand View Research has segmented the global supply chain analytics market based on solution, service, deployment, enterprise size, end use, and region:

Supply Chain Analytics Solution Outlook (Revenue, USD Million. 2018 - 2028)

• Logistics Analytics
• Manufacturing Analytics
• Planning & Procurement
• Sales & Operations Analytics
• Visualization & Reporting

Supply Chain Analytics Service Outlook (Revenue, USD Million. 2018 - 2028)

• Professional
• Support & Maintenance

Supply Chain Analytics Deployment Outlook (Revenue, USD Million. 2018 - 2028)

• Cloud
• On-premise

Supply Chain Analytics Enterprise Size Outlook (Revenue, USD Million. 2018 - 2028)

• Large Enterprise
• Small & Medium Enterprises

Supply Chain Analytics End-use Outlook (Revenue, USD Million. 2018 - 2028)

• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Transportation
• Aerospace & Defense
• High Technology Products
• Others

Supply Chain Analytics Regional Outlook (Revenue, USD Million. 2018 - 2028)

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

List of Key Players in the Supply Chain Analytics Market

• Accenture PLC
• Aera Technology
• Birst, Inc.
• Capgemini SA
• Genpact Limited
• International Business Machines Corporation
• JDA Software Group, Inc.
• Kinaxis
• Lockheed Martin Corporation
• Maersk Group
• Manhattan Associates, 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.

High-k And CVD ALD Metal Precursors Market Expected to Deliver Dynamic Progression until By 2028

 High-k And CVD ALD Metal Precursors Market Growth & Trends

The global high-k and CVD ALD metal precursors market size is projected to reach USD 761.1 million by 2028, registering a CAGR of 6.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The trend of miniaturization of semiconductor and electronic devices and the need for enhancing their performance is expected to drive the market growth.

Atomic Layer Deposition (ALD) is the subclass of the Chemical Vapor Deposition (CVD) process, which is used to manufacture thin films. The ALD method is used for depositing multi-component thin films by co-injecting precursors, such as Hf and Si, for forming a single-layer homogenous film used in several applications, such as self-aligned patterning, 3D NAND, and FinFET. The ALD process can create metal as well as dielectric films based on the precursor requirements.

Insulator materials with high dielectric constant (k) play a vital role in modern semiconductor devices and are used for insulating gates from channels in transistors and decoupling filter capacitors to protect microcircuits from unwanted noise. They are also used in the capacitors that store memory bits in DRAM. Moreover, high-k and ALD/CVD metal precursors play a crucial role in Very-Large-Scale Integration (VLSI) technology and scaling of semiconductor devices to 10 nm and beyond nodes. High-k insulators are required to maintain the capacitance of smaller semiconductor devices.

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High-k And CVD ALD Metal Precursors Market Report Highlights

• The interconnect segment accounted for the largest share of the market in 2020 and is expected to reach over USD 343.5 million by 2028
• Asia Pacific dominated the market in 2020 and is expected to register the highest CAGR over the forecast period owing to the high demand for high-k and ALD/CVD metal precursors and rapid growth of the electronics industry in China, India, and other Southeast Asian countries
• Some of the key companies in the market include Air Liquide; Air Products & Chemicals, Inc.; Praxair; Linde; and Dow Chemical

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High-k And CVD ALD Metal Precursors Market Segmentation

Grand View Research has segmented the global high-k and CVD ALD metal precursors market based on technology and region:

High-k And CVD ALD Metal Precursors Technology Outlook (Revenue, USD Million, 2018 - 2028)

• Interconnect
• Capacitors
• Gates

High-k And CVD ALD Metal Precursors Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the High-k And CVD ALD Metal Precursors Market

• Air Liquide
• Air Products & Chemicals, Inc.
• Praxair
• Linde
• Dow Chemical

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.

Surge Protection Devices Market Trends Regulations And Competitive Landscape Outlook to 2028

 Surge Protection Devices Market Growth & Trends

The global surge protection devices market size is expected to reach USD 4.41 billion by 2028, registering a CAGR of 8.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing need to protect electrical equipment from surges is primarily expected to drive the growth of the market. The high costs associated with electrical equipment downtime are also expected to drive the adoption of surge protection devices (SPDs) over the forecast period. The growing awareness among consumers about safeguarding electronic appliances from potential surges also bodes well for the growth of the market.

Surge protection devices are critical for businesses and both residential and commercial establishments. SPDs help in protecting consumer electronics and electrical equipment from voltage fluctuations. SPDs are available in various types and are used in an electrical distribution system depending on the requirement posed by the location. SPDs also safeguard electrical equipment from the surges caused during lightning strikes.

Data centers store large volumes of critical data. As such, any downtime at data centers stemming from electrical surges could lead to heavy losses. As Asia Pacific continues to emerge as one of prominent destinations for outsourcing services, the number of data centers being established in the region is growing continuously. Investments in renewable energy projects are also gaining traction across Asia Pacific. Hence, the growing number of data centers and the aggressive investments in renewable energy projects in Asia Pacific are expected to drive the demand for SPDs in the region.

The rising levels of disposable income especially in developing economies are allowing individuals to spend more on premium consumer electronics. However, given that consumer electronics are susceptible to internal surges, it is essential to safeguard them, thereby driving the need for SPDs. Particularly in developed economies, where the information technology industry is well established, surge protection devices are being used on a large scale to protect the IT infrastructure, including servers, desktops, and electrical supply equipment, which also bodes well for the growth of the market over the forecast period.

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Surge Protection Devices Market Report Highlights

• The hard-wired segment is estimated to emerge as the largest segment market over the forecast period as hard-wired SPDs are primarily used for protecting various electrical equipment and devices from surges
• The Type 1 segment is expected to register the highest CAGR over the forecast period. Type 1 SPDs are particularly used to protect electronic equipment from lightning surges
• The 50.1-100 kA segment is anticipated to witness significant growth over the forecast period in line with the rapid residential and commercial infrastructure development across the globe
• Industries and manufacturing units are the major end users of SPDs as they put a strong emphasis on preventing equipment downtime
• Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to the aggressive investments to cater to the rising demand for energy in line with the growing population

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Surge Protection Devices Market Segmentation

Grand View Research has segmented the global surge protection devices market based on product, type, power rating, end-use, and region:

Surge Protection Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

• Hard-wired
• Plug-in
• Line Cord
• Power Control Devices

Surge Protection Devices Type Outlook (Revenue, USD Million, 2016 - 2028)

• Type 1
• Type 2
• Type 3
• Type 4

Surge Protection Devices Power Rating Outlook (Revenue, USD Million, 2016 - 2028)

• 0-50 kA
• 1-100 kA
• 1-200 kA
• 1 kA and Above

Surge Protection Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Commercial Complexes
• Data Center
• Industries & Manufacturing Units
• Medical
• Residential Buildings & Spaces
• Telecommunication
• Transportation
• Others

Surge Protection Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Surge Protection Devices Market

• ABB
• General Electric
• Schneider Electric
• Eaton
• Legrand
• Emerson Electric Co.
• Siemens
• com
• Tripp Lite
• Vertiv Group 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.

3D CAD Software Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 3D CAD Software Market Growth & Trends

The global 3D CAD software market size is estimated to reach USD 15.41 billion by 2028, registering a CAGR of 6.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The significant deployment of CAD solutions in the packaging industry is driving the growth of this market. Furthermore, the continuous advancements in 3D technology and its adoption in the automotive sector are contributing to the growth of the market. Most industries are shifting from 2D CAD to 3D CAD software, making complex design structures easy and providing options between customized and predefined designs.

Companies are offering differentiated 3D CAD solutions for various industrial uses. The solutions are increasingly being deployed for designing in various sectors, such as architectural & engineering, manufacturing, automotive, healthcare, and media & entertainment. The key participants in the industry are engaging in collaborations with other specialized technology firms to offer their customers a simpler and more convenient platform for designing. For instance, in April 2021, Autodesk, Inc. acquired Up chain, Inc., a Product Data Management (PDM), Product Lifecycle Management (PLM), instant-on, and cloud-based solutions provider, to offer value for suppliers, manufacturers, engineers, and other product stakeholders.

Up chain, Inc. designed a unified cloud platform to eliminate the boundaries of traditional PDM and PLM technologies. The transformation from on-premise to the cloud platform, including changes in consumer requirements and preferences, is expected to fuel market growth. The growing trend of incorporating Artificial Intelligence (AI) in 3D CAD software has enhanced the 3D modeling experiences, majorly by identifying and minimizing design errors. In addition, the increasing preference among consumers for deploying customized solutions is anticipated to drive market growth.

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3D CAD Software Market Report Highlights

• Improvements in 3D printingare driving the growth of the market as 3D printing needs a 3D model to be prepared using CAD technology
• The cloud-based segment is anticipated to witness the fastest CAGR of over 11.0% from 2021 to 2028 due to the availability of CAD solutions as Infrastructure-as-a-Service (IaaS), which allows end-use industries to reduce their total cost of implementation and ownership
• The healthcare segment is expected to register the fastest CAGR from 2021 to 2028. This growth can be attributed to the rising deployment of CAD solutions in the healthcare sector owing to the increasing awareness of early diagnosis and the high prevalence of chronic and critical diseases
• Asia Pacific is anticipated to register the highest CAGR over the forecast period owing to the significant demand for 3D CAD software solutions in the construction and manufacturing industries

Access Press Release@ https://www.grandviewresearch.com/press-release/global-3d-cad-software-market

3D CAD Software Market Segmentation

Grand View Research has segmented the global 3D CAD software market on the basis of deployment, application, and region:

3D CAD Software Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Cloud
• On-premise

3D CAD Software Application Outlook (Revenue, USD Million, 2016 - 2028)

• Architecture, Engineering, and Construction (AEC)
• Manufacturing
• Automotive
• Healthcare
• Media & Entertainment
• Others

3D CAD Software Regional Outlook (Revenue, USD Million, 2016 - 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 3D CAD Software Market

• Autodesk, Inc.
• Bentley Systems, Inc.
• Hexagon AB
• Oracle
• PTC
• Siemens
• Dassault Systèmes SolidWorks 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.

Cancer Biopsy Market Poised to Garner Maximum Revenues During 2021 – 2027: Grand View Research Inc.

 Cancer Biopsy Market Growth & Trends

The global cancer biopsy market size is expected to reach USD 44.51 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 11.13% from 2021 to 2027. The expanding landscape of molecular medicine paved the way for the development of new devices for the molecular characterization of cancers. Thus, increasing adoption and product approvals for liquid biopsies are expected to drive the overall market.

The kits and consumables product segment is expected to maintain its lead in the years to come. Acknowledging this trend, various market players have invested in the development of novel kits in order to expand their biopsy kits portfolio. For instance, in April 2021, Sysmex Europe GmbH, along with Sysmex Inostics GmbH, introduced Plasma-SeqSensei liquid biopsy research use only (RUO) kits in EMEA.

The tissue biopsies segment emerged as the dominant type segment in 2020. Shortcomings of liquid biopsies such as the lack of robust efficacy evaluations and associated high costs are currently bridged by tissue biopsies. This has made tissue biopsy a gold-standard procedure in the present diagnostic scenario.

Liquid biopsies are expected to offer lucrative opportunities in the field of oncology-based personalized medicine and genomic data analysis. Recognizing the potential of these tests, the regulatory bodies are actively supporting the commercialization of these products and increasing the use of these assays in clinics. For instance, in November 2020, the FoundationOne Liquid CDx test was approved by the U.S. FDA as a companion diagnostic device for multiple cancers.

The liquid biopsies segment is expected to expand at an exponential rate in the coming years, wherein increasing investments and strategic initiatives by companies involved in biopharmaceutical manufacturing and genomic data analysis are expected to play a central role. The emerging companies are inclined towards collaborating with well-established industry participants, including SOPHiA Genetics, QIAGEN Bioinformatics, Agilent Technologies, and Fabric Genomics. This trend is further expected to favor the overall market growth.

Key players are focusing on developing novel biopsy platforms, set to achieve business expansion, further contributing to the revenue generation in the market. In March 2021, Quick-Core Auto Biopsy System for biopsy procedure soft tissue biopsy was launched by IZI Medical Products. This product is fully automated, which is built based on the company’s proprietary semi-automatic system, Quick-Core.

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Cancer Biopsy Market Report Highlights

• By product, kits and consumables accounted for the largest revenue share in 2020 and are anticipated to maintain its lead throughout the forecast period. The adoption of kits and consumables is expected to increase owing to the significant transition from tumor to liquid biopsy
• Based on type, tissue biopsies are still considered to be a mainstay of biopsies and are largely adopted across various diagnosis applications. Additionally, tumor biopsy is most adopted for diagnosis on individual levels, along with monitoring the effects of an ongoing oncology treatment
• North America held the largest revenue share in 2020 owing to the concentrated pool of active organizations and cancer foundations. The strong network of government organizations and private cancer foundations in the U.S. has made significant contributions to the regional revenue generation capacity
• In terms of application, breast cancer dominated the global market in 2020 and is expected to maintain its lead throughout the forecast period. Open surgical biopsy is considered to be a reference standard for the evaluation of patients with a suspicious breast lesion. This is attributed to its proven accuracy in diagnosing breast lesions, further contributing to the revenue generated by this segment

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

Cancer Biopsy Market Segmentation

Grand View Research has segmented the global cancer biopsy market on the basis of product, type, application, and region:

Cancer Biopsy Product Outlook (Revenue, USD Million, 2018 - 2027)

• Instruments
• Kits and Consumables
• Services

Cancer Biopsy Type Outlook (Revenue, USD Million, 2018 - 2027)

• Tissue Biopsies
  • Needle Biopsies
    • Fine Needle Aspiration (FNA)
    • Core Needle Biopsy (CNB)
  • Surgical Biopsies
• Liquid Biopsies
• Others

Cancer Biopsy Application Outlook (Revenue, USD Million, 2018 - 2027)

• Breast Cancer
• Colorectal Cancer
• Cervical Cancers
• Lung Cancers
• Prostate Cancers
• Skin Cancers
• Blood Cancers
• Kidney Cancers
• Liver Cancers
• Pancreatic Cancers
• Ovarian Cancers
• Others

Cancer Biopsy Regional Outlook (Revenue, USD Million, 2018 - 2027)

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

List of Key Players of Cancer Biopsy Market

• Qiagen N.V.
• Illumina, Inc.
• ANGLE Plc
• BD (Becton, Dickinson And Company)
• Myriad Genetics
• Hologic, Inc.
• Biocept, Inc.
• Thermo Fisher Scientific, Inc.
• Danaher
• Hoffmann-La Roche Ltd.
• Lucence Diagnostics Pte. Ltd.
• GRAIL, Inc.
• Guardant Health
• Exact Sciences Corporation
• Freenome Holdings, Inc.
• Biodesix (Integrated Diagnostics)
• Oncimmune
• Epigenomics AG
• HelioHealth (Laboratory for Advanced Medicine)
• Genesystems, Inc. (Genesys Biolabs)
• Chronix Biomedical, Inc.
• Personal Genome Diagnostics Inc.
• Natera, Inc.
• Personalis 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.