Australia Laser Hair Removal Market is Anticipated To Generate Significant Revenues by 2028: Grand View Research Inc.

 Australia Laser Hair Removal Market Growth & Trends

The Australia laser hair removal market size is expected to reach USD 2.23 billion by 2028, registering a CAGR of 6.7% over the forecast period, as per a new report by Grand View Research, Inc. According to Plastic Surgery Statistics Report, in Australia, laser hair removal is considered as one of the top five minimally invasive cosmetic procedures, with around 7,522 procedures performed in 2018. This has led to high demand for laser hair removal devices, which is expected to propel growth of overall market.

In addition, majority of the laser treatments to improve physical appearance are noninvasive, which is leading to high demand for these techniques, as they cause less pain. Key market players are focusing on the development of new products, thus increasing the availability of advanced laser hair removal techniques in the market.

Laser hair removal techniques are constantly undergoing significant improvements, which have made devices more efficient and cost-effective. For instance, with recent advancements, the laser hair removal technique delivers effective results in a minimum number of sessions, unlike repeated numerous sessions that were required earlier. Newly designed devices work effectively on all skin types.

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Australia Laser Hair Removal Market Highlights

• On the basis of type, the market has been divided into diode, Nd:YAG, and alexandrite lasers
• The diode laser segment held the maximum revenue share of 40% in 2020 owing to the high precision offered
• In addition, they can selectively target a particular body part and effectively remove the hair without harming the surrounding skin of the area
• Moreover, the reasonable time required for the overall procedure according to the body area and volume of hair is augmenting the product demand
• Beauty clinics was the largest end-use segment with a revenue share of 54% in 2020 owing to specialty services provided in these settings
• Beauty clinics are also anticipated to witness the fastest CAGR during the forecast period

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Australia Laser Hair Removal Market Segmentation

Grand View Research has segmented the Australia laser hair removal market based on the laser type and end use:

Australia Laser Hair Removal Laser Type Outlook (Revenue, USD Million, 2016 - 2028)

• Diode Laser
• Nd:YAG Laser
• Alexandrite Laser

Australia Laser Hair Removal End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Beauty Clinics
• Dermatology Clinics
• Home Use

List of Key Players of Australia Laser Hair Removal Market

• Silk Laser Clinics
• Results Laser Clinic
• Australian Skin Clinic
• Laser Clinics Australia
• Advanced Clinics Australia

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.

Glutamic Acid Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Glutamic Acid Market Growth & Trends 

The global glutamic acid market size is expected to reach USD 17.16 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. Glutamic acid is widely used in dietary supplements owing to its ability to build protein building blocks and help to detoxify the body. The market is projected to witness significant growth over the forecast period owing to the increasing global demand for animal feed, coupled with the surging use of food additives and food enhancers in the industry.

The prices of glutamic acid vary as per grade. Strong demand for the product in the animal feed and food and beverage industries has increased the price of glutamic acid. Moreover, disturbance caused by the COVID-19 pandemic in the raw material supply chain is another factor behind the increasing prices of glutamic acid. In the year 2019, Evonik Industries AG has increased the prices of its glutamic acid products at the global level by 15% due to the escalating cost of required raw materials.

Manufacturers compete based on distribution channels and strive to expand their market reach to increase their market share and bolster the annual revenue. The companies also compete on the basis of profit margins due to their high dependence on the distribution network for sales, thus leading to high entry barriers for the market. Glutamic acid manufacturers focus on improving their products and enhancing their manufacturing capabilities to distinguish their products from the products of other manufacturers in the industry and enhance their market share.

In 2020, Asia Pacific accounted for the largest revenue share of over 50.0%. The market growth is credited to the increasing purchasing power of the consumers, the growing adoption of a healthy lifestyle, and the expansion of the end-use industries, such as animal feed, pharmaceutical, cosmetics and personal care, and food and beverage. The demand for animal feed in countries such as India and China is projected to grow due to the presence of an abundant livestock population.

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Glutamic Acid Market Report Highlights

• In 2020, the food and beverages application segment held the largest revenue share of over 80.0%. The globally increasing popularity of convenience products and ready-to-drink beverages is expected to drive the demand for glutamic acid in the food and beverages application
• The pharmaceuticals segment was the second-largest application segment in 2020 and is projected to expand at the highest revenue-based CAGR of 8.0% from 2021 to 2028 owing to the application of glutamic acid in treating various diseases, such as epilepsy, muscular dystrophy, neurotransmission imbalances, and cognitive and behavioral problems
• Asia Pacific is anticipated to expand at the highest revenue-based CAGR over the forecast period. China has been the world’s largest consumer market for food and beverages over the past few years, making it highly appealing for foreign brands and players in the food and beverage industry
• North America emerged as the second-largest regional segment in 2020. The growing aging population and rising cases of non-communicable diseases, such as cancer, cardiovascular diseases, and chronic respiratory diseases, are fueling the demand for pharmaceutical products, including dietary supplements, in the region

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Glutamic Acid Market Segmentation

Grand View Research has segmented the glutamic acid market report on the basis of application and region:

Glutamic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
• Pharmaceuticals
• Animal Feed
• Others

Glutamic Acid Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Glutamic Acid Market

• Ajinomoto Co., Inc.
• Akzo Nobel N.V.
• Evonik Industries AG
• Sichuan Tongsheng Amino acid Co., Ltd.
• KYOWA HAKKO BIO CO., LTD.
• Ottokemi
• Hefei TNJ Chemical Industry Co., Ltd.
• Suzhou Yuanfang Chemical Co., Ltd.
• Global Bio-chem Technology Group Company Limited
• Ningxia Yipin Biological Technology 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.

Epoxy Adhesives Market to Reach Around USD 10.5 Billion by 2028: Grand View Research Inc.

 Epoxy Adhesives Market Growth & Trends

The global epoxy adhesives market size is expected to reach USD 10.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. Increasing investments in electric vehicles (EVs) and solar and wind energy industries are the prominent factors attributed to the market growth during the projected period.

The industry is projected to experience significant growth owing to the growing emphasis on the incorporation of lightweight materials in the automotive and transportation industry. The usage of adhesives offers a reduction in the weight of the final product, which has become a crucial factor in the aerospace and automotive industries in recent years. Moreover, epoxy adhesives are used in various other industries as well, such as medical, sports tools, defense, and power and energy.

A growing focus on sustainable solutions and increasing usage of mass timber in the construction industry is expected to bolster the consumption of adhesives, which is further anticipated to offer lucrative growth opportunities for the market. Furthermore, a surge in DIY home improvement activities has been witnessed during the COVID period, as people were spending more time at home. Thus, wide-scope applications in various industries make the market more lucrative.

The COVID-19 pandemic has impacted various commercial and industrial sectors, which led to a halt in new investments resulting in a downfall in global revenue. Moreover, with the continuing second and third waves of the virus, restrictions were seen in Q1 2021 as well. During the pandemic, the prices of raw materials have increased owing to a rise in logistic costs, unavailability of raw materials, and unfavorable weather conditions. It also adversely impacted the end-use industries which remained shut down during the pandemic. 

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Epoxy Adhesives Market Report Highlights

• By technology, the two component segment dominated the market and was estimated at USD 2.9 billion in 2020. The two component epoxies have excellent shear strength owing to different curing characteristics and provide an additional advantage of getting cured at room temperature, which aids to its consumption
• By application, the automotive and transportation segment dominated the market with a revenue share of over 42.0% in 2020. Growth in the EV industry and increasing consumption of adhesives over mechanical fasteners in vehicles is anticipated to boost the market growth
• The power and energy segment is anticipated to register the highest CAGR of 7.1%, in terms of revenue, during the forecast period. Adhesives are used to protect and bond sensitive mechanical and electrical components such as solar panels, charge controllers, and wind turbine blades in the energy industry
• Asia Pacific dominated the market and held the largest revenue share of over 45.0% in 2020. Increasing investments in the energy and automotive industries of the region are anticipated to further propel market growth across the forecast period

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Epoxy Adhesives Market Segmentation

Grand View Research has segmented the global epoxy adhesives market on the basis of technology, application, and region:

Epoxy Adhesives Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• One Component
• Two Component
• Others

Epoxy Adhesives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Automotive & Transportation
• Building & Construction
• Power & Energy
• Electrical & Electronics
• Others

Epoxy Adhesives Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Turkey
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • GCC

List of Key Players of Epoxy Adhesives Market

• 3M
• Ashland Global Holdings, Inc.
• Bostik
• Dow
• B. Fuller Company
• Henkel AG & Co. KGaA
• Mapei S.P.A
• Parker Hannifin Corp
• Permabond LLC
• Sika AG

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.

Dental Diagnostic And Surgical Equipment Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 

Dental Diagnostic And Surgical Equipment Market Growth & Trends

The global dental diagnostic and surgical equipment market size is anticipated to reach USD 12.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.2% from 2021 to 2028. The market is likely to be driven by technological advancements such as the introduction of CAD/CAM technology and 3D imaging. CAD technology aids in the design of better and faster dental prostheses, while 3D imaging aids in accurate and faster patient diagnosis and treatment planning.

High expenses are a major concern, according to a study conducted by the Canadian Academy of Health Sciences, and Canada's most vulnerable residents have the highest rates of toothache, decay, and disease; nonetheless, they have limited access to much-needed healthcare amenities. The majority of surgeon services and hospital therapy costs are covered by publicly funded healthcare systems.

The market is driven by the rising incidence of dental disorders, increasing desire for minimally invasive and painless procedures, and technological advancements, for example - CAD/CAM systems, scaling units, instrument delivery systems, dental lasers, radiography equipment, and cone-beam computed tomography (CBCT) scans. Dental problems in the elderly, such as caries, oral candidiasis, and xerostomia, are driving the demand for medical devices.

COVID-19 had changed everyone for a challenging lifestyle and the dentists have their specific role in preventing cross-infection by upgrading their dental clinics. The COVID-19 pandemic outbreak has somehow affected the market as well. Some factors are restraining the growth of the market. In this pandemic, doctors are being cautious while utilizing dental equipment for treatment, since even a minor lapse in following protocols and taking measures can be expensive. COVID-19 has had a devastating impact on the dentistry profession, and with the pandemic continuing on the rise, determining the degree and severity of its long-term impact is impossible at this moment. In 2020, dental practice revenue fell by an average of 6% for the whole year. The start of 2020 was promising, with practitioners reporting a 4%–5% rise in completed hygiene visits. Performance significantly worsened when forced shutdowns began in March.

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Dental Diagnostic And Surgical Equipment Market Report Highlights

• The dental surgical equipment segment held the largest revenue share in 2020 because of the high demand to treat dental caries, cavities, tooth decay, periodontitis, gingivitis, oral candidiasis, xerostomia, and various types of oral cancer and injuries
• The intra oral radiology equipment segment was identified as the leading segment in 2020 as it produces high-quality diagnostic radiographs which further helps in choosing the appropriate treatment plan
• North America dominated the market owing to an increase in disposable income, the awareness level of patients, and the rising demand for specialized dental treatment
• In Asia Pacific, the market is anticipated to grow significantly over the forecast period. This is majorly contributed by the large population and rapid urbanization coupled with increasing awareness in this region

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Dental Diagnostic And Surgical Equipment Market Segmentation

Grand View Research has segmented the global dental diagnostic and surgical equipment market on the basis of product and region:

Dental Diagnostic & Surgical Equipment Product Outlook (Revenue, USD Million, 2016 - 2028)

• Dental Diagnostic Equipment
  • CAD/CAM Systems
  • Instrument Delivery systems
  • Extra Oral Radiology Equipment
  • Intra Oral Radiology Equipment
  • Cone Beam Computed Tomography (CBCT)
• Dental Surgical Equipment
  • Dental Laser
  • Dental handpieces
  • Dental Forceps & Pliers
  • Curettes and Scalers
  • Dental Probes
  • Dental Burs
  • Electrosurgical Equipment
  • Others

Dental Diagnostic & Surgical Equipment Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Dental Diagnostic And Surgical Equipment Market

• Carestream Health
• Danaher Corporation
• KaVo Kerr
• Biolase Technologies
• Zolar Dental Laser
• 3M Company
• Ivoclar Vivadent AG
• American Medicals
• Henry Schein
• Midmark Diagnostic Group

About Grand View Research

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

Inhaled Nitric Oxide Delivery Systems Market Latest Trends, Industry Growth And Forecast To 2028: Grand View Research Inc.

 Inhaled Nitric Oxide Delivery Systems Market Growth & Trends

The global inhaled nitric oxide delivery systems market size is estimated to reach USD 434.2 million by 2028 registering a CAGR of 6.9%, according to a new report by Grand View Research, Inc. A rise in the cases of respiratory failure among neonates, increased pollution levels leading to lung diseases in adults, need for quick treatment response, and reduced complications are the factors driving the adoption of inhaled nitric oxide therapy. The presence of several small-scale manufacturers and research initiatives undertaken by major players to prove treatment efficacy against the SARS-CoV-2 virus further enhances market growth.

Safe and effective treatment regimen, a rapid offset of action, reduced toxicity, high concentration of drug at the target organ, avoidance of systemic adverse reaction, and reduced dose of medication are some of the advantages of INO over other medications. This leads to the improved adoption of INO, potentially driving the market growth. Market leaders like Mallinckrodt Pharmaceuticals are providing fundings to conduct clinical trials of INO therapy to treat complications in COVID-19 patients. Such initiatives are said to boost the market growth during the forecasted period.

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 Inhaled Nitric Oxide Delivery Systems Market Report Highlights

• The pediatric type segment accounted for the largest revenue share in 2020 due to the rising usage of INO therapy on account of its efficacy and reduced complications
• The Hypoxic Respiratory Failure (HRF) application segment held the largest revenue share in 2020
• Hospitals was the largest revenue-generating segment in 2020 owing to the presence of funds and well-established infrastructure in this end-user setting
• Asia Pacific was the largest regional market in 2020 due to the growing pediatric population, rise in the cases of respiratory diseases, and presence of local manufacturers of disposables
• Some of the prominent companies are Mallinckrodt Pharmaceuticals, Getinge, Vero Biotech, LINDE, Beyond Air, SLE, Nu-MED, Bellerophon Therapeutics, Air Liquide Healthcare, and Circassia Pharmaceuticals

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Inhaled Nitric Oxide Delivery Systems Market Segmentation

Grand View Research has segmented the global inhaled nitric oxide delivery systems market on the basis of type, product, application, end user, and region:

INO Delivery Systems Type Outlook (Revenue, USD Million, 2016 - 2028)

• Pediatrics
• Adult

INO Delivery Systems Application Outlook (Revenue, USD Million, 2016 - 2028)

• Hypoxic Respiratory Failure (HRF)
• Acute Hypoxemic Respiratory Failure (AHRF)
• Others

INO Delivery Systems Product Outlook (Revenue, USD Million, 2016 - 2028)

• Disposables
• System

INO Delivery Systems End-user Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ambulatory Centers
• Clinics

INO Delivery Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Inhaled Nitric Oxide Delivery Systems Market

• Mallinckrodt Pharmaceuticals
• Getinge
• Vero Biotech
• LINDE
• Beyond Air
• SLE
• NU MED
• Bellerophon Therapeutics
• Air Liquide Healthcare
• Circassia Pharmaceuticals

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.

Iron Casting Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

 Iron Casting Market Growth & Trends

The global iron casting market size is expected to reach USD 136.55 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% over the forecast period. The recent outbreak of COVID-19 has had a significant impact on the iron casting demand, which has hindered market growth.

The decline in growth and production of the European automotive industry owing to the COVID-19 pandemic has affected the demand for iron casting and its raw materials. To recover from their losses, European countries have allocated stimulus packages to revive the economy and several industries, such as automotive. For instance, in September 2020, the France government announced around USD 118.3 billion to reduce the economic impact of the pandemic.

The automotive industry is anticipated to benefit the overall market in the long term, but its growth was majorly affected in the first half of 2020 in North America. The auto plants resumed their operations in the U.S. and Canada in mid-May 2020; however, most players in Mexico did not resume operations even by the end of May 2020. Auto plants in Mexico operated at minimal capacity, which impacted the trade supply among the North American countries.

Asia Pacific was also majorly impacted due to the pandemic. However, the countries are reporting quick recovery, especially China. The rapid growth in the construction & infrastructural projects in the region is expected to spur the product demand for applications in pipes & fittings. In addition, the growth of the automotive industry from the second quarter of 2020 onwards is expected to boost the product demand.

Automotive and machinery & tools were the largest application segments in 2020. Other applications, such as pipes & fittings, pots & utensils, shipbuilding, electronic equipment, wind turbine, tractors, heavy-duty vehicles, agriculture, textile, and paper, are also projected to witness significant growth over the coming years.

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Iron Casting Market Report Highlights

• The gray iron product segment led the market in 2020 and will expand at the fastest CAGR from 2021 to 2028
• Properties of gray iron, such as good resistance, machinability, and high compressive strength, are projected to boost its demand
• The railways application segment is projected to register the fastest CAGR over the forecast period
• The growth is likely to be driven by the focus of various governments to improve their country’s transportation infrastructure
• Asia Pacific was the largest regional market in 2020. The region is characterized by rising industrial production and the presence of some of the fastest-growing economies, such as China and India
• Key companies are focusing on maintaining and improving their market share with various organic and inorganic strategies
• Companies are likely to observe growing sales over the next few years owing to the rising prices of raw materials

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Iron Casting Market Segmentation

Grand View Research has segmented the global iron casting market on the basis of product, application, and region:

Iron Casting Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Gray
• Ductile
• Malleable

Iron Casting Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Automotive
• Machinery & Tools
• Pipes & Fittings
• Railways
• Power Generation
• Others

Iron Casting Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Iron Casting Market

• Hitachi Metals, Ltd.
• Brakes India Private Ltd.
• Dandong Foundry
• GIS
• OSCO Industries, Inc.
• Chamberlin plc
• Crescent Foundry
• Xinxing Ductile Iron Pipes Co. Ltd.
• Jinan Meide Casting Co Ltd.
• Tianjin New Wei San Industrial 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.

Event Management Software Market Forecast 2028: Top Companies, Trends and Growth Factors Details for Business Development

 Event Management Software Market Growth & Trends

The global event management software market size is anticipated to reach USD 14.48 billion by 2028, registering a CAGR of 12.5% from 2021 to 2028, as per the research conducted by Grand View Research, Inc. The growing popularity of cloud-based solutions and the increasing preference for hosting virtual events are some of the major factors that are anticipated to drive the growth of the market over the forecast period. Given the growing reliance of organizations on a dedicated IT infrastructure to improve business productivity, cloud-based managed services are emerging as a cost-effective alternative for organizations, which bodes well for the growth of the market. The availability of various subscription-based pricing models is also expected to contribute to the growth of the market.

The outbreak of the COVID-19 pandemic has been particularly driving the adoption of event management software. Lockdowns imposed in different parts of the world as part of the efforts to arrest the spread of coronavirus have affected several industries and industry verticals. Several small, medium and large enterprises have adopted the work-from-the-home working model to protect their employees in the wake of the outbreak of the pandemic. On the other hand, educational institutions and corporates are particularly resorting to virtual events, which is typically driving the demand for event management software.

The key players in the market include Cvent Inc.; Aventri Inc.; Eventbrite; and Zoho Corporation. These market players are majorly focusing on strategic partnerships and collaborations to enhance their business operations. For instance, in June 2018, Eventbrite, a ticketing and event management company based in the U.S., and Elrow Family, a party series and event concept company based in Barcelona, Spain, entered into a multi-year ticketing partnership, which envisaged Eventbrite handling the ticketing requirements of over 100 festivals and shows under the Elrow brand. The festivals and shows under the Elrow brand attract more than 2.4 million attendees every year.

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Event Management Software Market Report Highlights

• The software segment is expected to dominate the market over the forecast period, owing to the continued adoption of event management software by various small and large enterprises across the globe. The segment is expected to reach USD 9,10 billion by 2028
• The managed service segment is anticipated to expand at the highest CAGR of 14.3% over the forecast period
• The deployment and integration segment accounted for a market share of over 45.0% in 2020 and is anticipated to reach USD 1.59 billion by 2028
• The cloud segment is expected to dominate the market over the forecast period and reach USD 9.54 billion by 2028
• The corporate segment is anticipated to register the highest CAGR of 13.2% over the forecast period in line with the growing preference among corporates for technologically advanced solutions to host virtual events
• North America is projected to account for the largest market share over the forecast period. The regional market is anticipated to reach USD 6.21 billion by 2028 driven by the presence of several prominent players in the region and the rapid adoption of technologically advanced solutions
• Some of the prominent market participants include Cvent Inc.; Eventbrite; Zoho Corporation; and Aventri Inc.

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Event Management Software Market Segmentation

Grand View Research has segmented the global event management software market based on component, service, professional service, deployment type, organization size, application, and region:

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

• Software
• Service

Event Management Software Service Outlook (Revenue, USD Million, 2018 - 2028)

• Professional Service
• Managed Service

Event Management Software Professional Service Outlook (Revenue, USD Million, 2018 - 2028)

• Consulting
• Deployment & Integration
• Support & Maintenance

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

• On-premise
• Cloud

Event Management Software Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

• Small & Medium Enterprise
• Large Enterprise

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

• Event Organizers & Planners
• Corporate
• Government
• Education
• Others

Event 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 Event Management Software Market

• Aventri Inc.
• Cvent Inc.
• Eventbrite
• Zoho Corporation

About Grand View Research

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

Global Market For Sailboat to Witness Tremendous Growth and Expansion by 2028

 Sailboat Market Growth & Trends

The global sailboat market size is expected to reach USD 7.03 billion by 2028, expanding at a CAGR of 2.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. Increased investments in research and development activities is one of the major drivers for the market growth. Companies are collaborating with international engineering firms, yacht designers, and technological innovation providers to develop new models. For instance, the HanseYachts Group uses Catia-a design software-which enables it to map the entire production and development process from the first design to the activation of production machines. Other companies are also adapting to changing market conditions and responding quickly to changing customer preferences to maintain their positions in the market.

The rising awareness about sustainability and the need to reduce carbon dioxide emissions have made suppliers and shipyards actively invest in more sustainable solutions. For instance, to offer a diverse portfolio that is more environmentally friendly, Rolls-Royce Power Systems is investing in the research and development of various sustainable technologies. Revenues generated on the sales of motor yachts account for a much smaller portion of the total revenue of the market compared to those generated on the sales of sailing yachts. Companies are expanding their product portfolios to include motor yachts. For instance, the HanseYachts Group continues to invest in expanding the product portfolio of its Sealine and Fjord brands and regionally expanding or reinforcing the dealer network.

Companies face intense competition in the international market. Consequently, changing economic conditions in key sales markets impact the demand for products despite the broad regional diversification of international dealer networks. The military conflicts in the Middle East could affect sales in Middle Eastern countries. The U.K.’s departure from the European Union and the continuing uncertainties regarding the future economic relations between the U.K and the European Union, loss in value of the Turkish lira, and trade protectionism in the U.S. could negatively affect unit sales for companies exporting boats in these countries.

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Sailboat Market Report Highlights

• In terms of hull type, the monohull segment dominated the market in 2020 and is expected to retain its dominance over the forecast period as well. While sailing is popular in western countries with longer coastlines, several individual-use sailboats for pleasure and fun activities during the outings with friends and family. Thereby growing the popularity of one-day sailing monohull sailboats
• In terms of length, the upto 20 ft. segment is expected to register a CAGR of 2.7% over the forecast period. The growth of the segment can be attributed to the growing demand for smaller sailing boats such as sailing dinghies, beach catamarans, and daysailers
• North America dominated the market in 2020. Europe is expected to expand at the highest CAGR of 2.9% over the forecast period. The growth of the regional market can be attributed to the presence of major market players and several local companies and the increasing popularity of recreational boating activities

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Sailboat Market Segmentation

Grand View Research has segmented the global sailboat market based on hull type, length, and region:

Sailboat Hull Type Outlook (Revenue, USD Million, 2016 - 2028)

• Monohull
• Multi-hull

Sailboat Length Outlook (Revenue, USD Million, 2016 - 2028)

• Up to 20 ft.
• 20-50 ft.
• Above 50 ft.

Sailboat Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • 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 Sailboat Market

• Hallberg-RassyVarvs AB
• BENETEAU GROUP
• Bavaria Yachtbau
• Ferretti Group
• Catalina Yachts
• HanseYachts AG
• CANTIERE DEL PARDO S.p.A.
• Dufour Yachts
• Fountaine Pajot

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.

Urban Planning Software And Services Market is Expected to Enhance USD 192.35 Billion Revenue By 2028: Grand View Research Inc.

 Urban Planning Software And Services Market Growth & Trends

The global urban planning software and services market size is anticipated to reach USD 192.35 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.2% from 2021 to 2028. Urban planning is one of the most crucial aspects of any country’s development plans as it involves the development and efficient use of land, public welfare, and ensures the safety of the environment. Urban planning is a heterogeneous and complicated process that comprises utility systems, distribution chains, communication networks, infrastructure, and several other elements and processes. Urban planners are adopting urban planning software and services to handle such intricate processes and conceptualize urban designs and plan layouts.

The Covid-19 pandemic severely impacted business operations and processes across several industries. As governments majorly diverted their focus from other development activities to the healthcare segment, the urban planning software and service market was negatively impacted. However, the urban planning software and services industry is expected to recover post-pandemic owing to the need for better urban planning to mitigate future risks of uncertain natural events.

The market has also benefitted from growing investments by various governments in smart cities projects, which, in turn, are driving increased investments in urban planning software and services. For instance, currently, over 26 smart cities projects are in progress across Association of Southeast Asian Nations (ASEAN) countries.

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Urban Planning Software And Services Market Report Highlights

• In terms of component, the software segment accounted for the largest revenue share in 2020 and is expected to retain its dominance over the forecast period. This can be attributed to the increasing investment in technology by governments for urban development. The service segment is anticipated to expand at the highest CAGR of 5.1% over the forecast period
• In terms of deployment, the cloud-based segment accounted for the largest revenue share in 2020 and is expected to retain its dominance over the forecast period. Additionally, this segment is likely to register the highest CAGR of 4.5% over the forecast period. The growth of this segment can be attributed to factors such as quick configurability, cost efficiency, and flexibility
• Based on end-user, the government segment accounted for the largest revenue share in 2020 and is expected to retain its dominance over the forecast period. This can be attributed to growing investment by various governments in smart city technologies and urban development. For instance, in June 2020 the Singapore Government Technology Agency announced that it spent approximately USD 3.5 billion on information technology in 2020, which is 30% more compared to 2019. The real estate and infrastructure companies segment is anticipated to expand at the highest CAGR of 4.9% over the forecast period
• Europe captured the second highest market in 2020 and is expected to retain its position over the forecast period. This can be attributed to the growing preference for eco-friendly city infrastructures. Additionally, a rise in the number of infrastructure development activities is also driving the market growth in this region. The Asia Pacific region dominated the market in 2020, and it is anticipated to expand at the highest CAGR of over 6.1% over the forecast period

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Urban Planning Software And Services Market Segmentation

Grand View Research has segmented the urban planning software and services market based on component, deployment, end-user, and region:

Urban Planning Software and Services Component Outlook (Revenue, USD Billion, 2016 - 2028)

• Software
• Service

Urban Planning Software and Services Deployment Outlook (Revenue, USD Billion, 2016 - 2028)

• Cloud-based
• Web-based

Urban Planning Software and Services End-user Outlook (Revenue, USD Billion, 2016 - 2028)

• Government
• Real Estate and Infrastructure Companies

Urban Planning Software and Services Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players in the Urban Planning Software And Services Market

• AECOM
• Autodesk Inc.
• Bentley Systems
• Boston Consulting Group
• esri
• Holistic City Limited
• SketchUp
• SAVANNAH SIMULATIONS AG
• Stantec
• UrbanFootprint

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.

India Smart TV Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 India Smart TV Market Growth & Trends

The India smart TV market size is expected to reach USD 4.93 billion by 2028, registering a CAGR of 16.8% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing disposable income and rising popularity of OTT VOD platforms, such as Netflix, Amazon Prime Video, SonyLIV, and Disney+Hotstar, have been significant factors driving the demand for smart TVs in the country. The availability of supporting content for these devices, such as HD videos and games, has further boosted the demand for smart TVs in India.

TV brands are partnering with e-commerce websites to launch their products to extend their reach countrywide. In June 2020, Flipkart partnered with Nokia to develop, manufacture, and distribute Nokia Smart TVs. As a result, Flipkart launched Nokia-branded smart TV. The TV runs on Android 9 Pie software and has a dedicated Google Play Store to download and install games and applications. In July 2020, Shinco, an Indian TV brand, launched a 43-inch 4K HDR LED Smart TV named S43UQLS. It is the most affordable 4K TV, as most 43-inch TVs are available in full-HD LED displays.

The industry witnessed a drop in sales in 2020 as the country announced lockdowns to reduce the spread of COVID-19. However, a surge in sales of smart TVs was observed in the first quarter of 2021 owing to the relaxations in lockdown.

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India Smart TV Market Report Highlights

• In terms of resolution, the HDTV segment dominated the market in 2020. High competition exists between companies to create innovative "HDTV" and add the latest technological systems. Furthermore, filmmakers are using HD camcorders and cameras for better resolution of films. This trend is boosting the demand for HDTVs in the market
• In terms of screen size, the above 65 inches segment is expected to expand at the highest CAGR over the forecast period. Consumers are preferring larger screens in their living room owing to the increase in screen time and growth of OTT services
• In terms of screen shape, the flat screen segment dominated the market and is expected to retain its dominance over the forecast period. Consumers prefer flat-screen TVs as they are easier to mount on the wall

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India Smart TV Market Segmentation

Grand View Research has segmented the India smart TV market based on resolution, screen size, and screen shape:

India Smart TV Resolution Outlook (Volume in Million Units; Revenue, USD Million, 2016 - 2028)

• 4K UHD TV
• HDTV
• Full HD TV
• 8K TV

India Smart TV Screen Size Type Outlook (Volume in Million Units; Revenue, USD Million, 2016 - 2028)

• Below 32 inches
• 32 to 45 inches
• 46 to 55 inches
• 56 to 65 inches
• Above 65 inches

India Smart TV Screen shape Outlook (Volume in Million Units; Revenue, USD Million, 2016 - 2028)

• Flat
• Curved

List of Key Players in the India Smart TV Market

• Panasonic Corporation
• Samsung India Electronics Pvt. Ltd.
• LG Electronics India Pvt. Ltd.
• Sony India Pvt. Ltd.
• Xiaomi Inc.
• Koninklijke Philips N.V
• Vu Technologies Pvt. Ltd.
• Intex Technologies
• Micromax Informatics Ltd.
• TCL India

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.