U.S. And Mexico Metal Stamping Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 U.S. And Mexico Metal Stamping Market Growth & Trends

The U.S. and Mexico metal stamping market size is expected to reach USD 76.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.4% from 2022 to 2030. Rising demand for metal stamping in various industries and growing adoption of Electric Vehicles (EVs) is anticipated to contribute to market growth over the forecast period. Metal stamping is used in various industries including automotive, aerospace, consumer appliances, and industrial machinery. Its increasing demand in industrial machinery coupled with the rising use of robotics and automation is expected to further contribute to the growth of metal stamping industry over the coming years.

Rising demand for EVs is encouraging key players to further expand their manufacturing facilities. For instance, in February 2021, Magna International Inc. announced its plan about setting up of Magna Electric Vehicle Structures, in St. Clare. Michigan, U.S. This new entity will build complex battery enclosures for electric propulsion vehicles. Process-wise, blanking accounted for the largest revenue share of the overall market. This process is proven to be efficient owing to its economic manufacturing for large volumes. Equipment used in the process can be configured as per required customizations with ease and the primary metal is fed continuously in the machine. This simple procedure enables the blanking operation to be performed in long production runs.

Region-wise, the U.S. held the largest revenue share in 2021 and this trend is anticipated to continue over the forecast period. A rise in military spending along with increasing investments in EVs and consumer appliance industries are growth drivers for the market. For instance, in 2020, the U.S. accounted for ~39.0% of the global military spending, becoming the largest spender with an estimated budget of USD 778 billion. The competitive rivalry remains intense for the industry. The ongoing COVID-19 pandemic has affected the market significantly as many key players had to shut down their operations in the first half of 2020. However, with efficient management, their revenues rebounded to normal levels in the second half of 2020.

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U.S. And Mexico Metal Stamping Market Report Highlights

• Based on process, the blanking segment is anticipated to register a CAGR of 5.0% over the forecast period. It is a preferred choice in end-use industries such as aerospace, automotive, and household appliances, where mass production of components takes place
• Based on application, the consumer appliances segment is anticipated to register the fastest growth rate of 6.0% across the forecast period, owing to rapid technological advancements and rising demand for home appliances
• Based on region, the U.S. accounted for a revenue share of 80.0% in 2021. Rising utilization of metal stamping in military aircrafts and other equipment is benefitting market growth
• Additive manufacturing offers a lucrative growth opportunity for the metal stamping The technology provides various benefits such as minimized waste, reduced energy and labor costs, and potential for the production of smaller and complex geometries

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U.S. And Mexico Metal Stamping Market Segmentation

Grand View Research has segmented the U.S. and Mexico metal stamping market on the basis of process, application, and region:

U.S. And Mexico Metal Stamping Process Outlook (Revenue, USD Million, 2017 - 2030)

• Blanking
• Embossing
• Bending
• Coining
• Flanging
• Others

U.S. And Mexico Metal Stamping Application Outlook (Revenue, USD Million, 2017 - 2030)

• Automotive
• Industrial Machinery
• Consumer Appliances
• Aerospace
• Electrical & Electronics
• Telecommunication
• Others

U.S. And Mexico Metal Stamping Country Outlook (Revenue, USD Million, 2017 - 2030)

• US.
• Mexico

List of Key Players of U.S. And Mexico Metal Stamping Market

• ACRO Metal Stamping
• Ford Motor Company
• Goshen Stamping Company
• Harvey Vogel Manufacturing Co.
• Kapco Metal Stamping
• Magna International Inc.
• Martinrea International Inc.
• Pacific Metal Stampings, 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.

True Wireless Stereo Earbuds Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 True Wireless Stereo Earbuds Market Growth & Trends

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

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

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

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True Wireless Stereo Earbuds Market Report Highlights

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

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True Wireless Stereo Earbuds Market Segmentation

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

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

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

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

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

List of Key Players of True Wireless Stereo Earbuds Market

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

About Grand View Research

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

North America Wheelchair Market Set to Record Exponential Growth by 2028: Grand View Research Inc.

 North America Wheelchair Market Growth & Trends

The North America wheelchair market size is expected to reach USD 1.7 billion by 2028, registering a CAGR of 7.9% over the forecast period, according to a new report by Grand View Research, Inc. This is largely due to an increase in the adoption of advanced, compact, and portable mobility aids on account of the growing target population in the U.S. Rising geriatric population is most likely to create higher demand for mobility products, such as wheelchairs. As per the U.S. Census Bureau, mobility is the most common disability among older Americans. 61 million adults live with a disability in the U.S. out of which, 13.7% have mobility disability with serious difficulty walking or climbing stairs.

Also, in 2016, there were 3.3 million wheelchair users in the U.S., with 1.825 million of those users aged 65 years and above. This number is predicted to grow every year, with an expected 2 million new wheelchair users per year. However, the COVID-19 pandemic exacerbated a global shipping and logistics crisis in early 2020, resulting in container shipping shortages and rising costs, as well as interrupting, and potentially continuing to disrupt global trade. This made it difficult for wheelchair manufacturers to obtain necessary products, components, and raw materials. However, companies are anticipated to restart operations due to the ease of lockdown, which will support market growth in the years to come.

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North America Wheelchair Market Report Highlights

• The manual wheelchair product segment dominated the market with the largest revenue share of more than 60% in 2020. This growth can be attributed to the high product demand to its low costs and weight and non-dependability on charging
• The adult category segment accounted for the highest revenue share of over 84% in 2020. This is owing to the fact that adults have a higher rate of spinal injuries, neuromuscular diseases, and trunk/neck weakness than children
• The rehabilitation centers application dominated the market with a revenue share of more than 34% in 2020
• The hospitals application segment is anticipated to register the fastest CAGR over the forecast period due to the rising number of medical emergencies that need the use of wheelchairs
• Canada is projected to register the fastest CAGR of more than 8.5% over the forecast period due to the rising number of startups in the country
• For instance, Braze Mobility, a university of Toronto firm, has developed a set of adjustable blind spot sensors that can be mounted on wheelchairs and scooters to make it easier and safer for people to move around

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North America Wheelchair Market Segmentation

Grand View Research has segmented the North America wheelchair market based on product, category type, application, and country:

North America Wheelchair Product Outlook (Revenue, USD Million, 2016 - 2028)

• Manual
• Electric

North America Wheelchair Category Outlook (Revenue, USD Million, 2016 - 2028)

• Adult
• Pediatric

North America Wheelchair Application Outlook (Revenue, USD Million, 2016 - 2028)

• Homecare
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Rehabilitation Centers

North America Wheelchair Country Outlook (Revenue, USD Million, 2016 - 2028)

• US.
• Canada

List of Key Players of North America Wheelchair Market

• Karman Healthcare, Inc.
• Carex Health Brands, Inc.
• Drive Medical Design & Manufacturing
• Medline Industries, Inc.
• Quantum Rehab
• GF Health Products, 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.

Clinical Trial Equipment & Ancillary Solutions Market Precise Analysis on Business Overview, Product Scope And Ongoing Development

 Clinical Trial Equipment & Ancillary Solutions Market Growth & Trends

The global clinical trial equipment & ancillary solutions market size is anticipated to reach USD 4.4 billion by 2028, according to the new report of Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. The growing pharmaceutical and medical sectors, globalization of clinical trials, and rising R&D expenditure are the factors driving the market.

The clinical trial procedure has evolved considerably in recent years. Complex clinical studies are creating new problems throughout the healthcare supply chain. Modern studies frequently involve huge numbers of patients and patient subgroups, as well as numerous nations and research sites. As a result, the number of challenges that supply chain managers confront while working with clinical trial equipment & ancillaries has increased. Renting medical equipment relieves the burden of storage, retrieval, and disposal. Another important decision-making reason is that renting equipment reduces significant upfront expenses and large investments required to furnish licensed clinical trial locations.

The COVID-19 pandemic has affected the global market, which resulted in slowing down the supply chain of the equipment & ancillary supplies. The COVID-19 pandemic has caused major changes in the clinical trial environment. Hundreds of experiments that were in progress before the pandemic have been halted, while many new trials have been launched in the hunt for effective therapies and interventions. COVID-19 has changed the way clinical trials are conducted, encouraging the digitization of healthcare and the adoption of cutting-edge technologies and techniques.

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Clinical Trial Equipment & Ancillary Solutions Market Report Highlights

• The supply/logistics product segment dominated the market with a revenue share of more than 38% in 2020 due to the high number of clinical trials globally, which resulted in increased demand for efficient logistics services
• The phase III segment accounted for the maximum revenue share of the global market in 2020. Phase III studies are the most effective approach to discover a new treatment standard
• North America led the global market in 2020 and is expected to remain dominant even during the forecast years due to a rise in the number of CRO and pharmaceutical & medical companies in the region
• Asia Pacific is projected to be the fastest-growing regional market during the forecast period as it is becoming an increasingly significant site for clinical trial investigations

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Clinical Trial Equipment & Ancillary Solutions Market Segmentation

Grand View Research has segmented the clinical trial equipment & ancillary solutions market on the basis of product, phase, and region:

Clinical Trial Equipment & Ancillary Solutions Product Outlook (Revenue, USD Million, 2016 - 2028)

• Sourcing
  • Procurement
  • Rental
• Supply/Logistics
  • Transportation
  • Packaging
  • Others
• Service
  • Calibrations
  • Equipment Servicing
  • Others
• Others

Clinical Trial Equipment & Ancillary Solutions Phase Outlook (Revenue, USD Million, 2016 - 2028)

• Phase I
• Phase II
• Phase III
• Phase IV

Clinical Trial Equipment & Ancillary Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Clinical Trial Equipment & Ancillary Solutions Market

• Ancillare, LP
• Imperial Clinical Research Services
• Woodley Equipment Company Ltd.
• Thermo Fisher Scientific, Inc.
• PPD, Inc.
• PAREXEL International Corp.
• MediCapital Rent
• Quipment SAS
• IRM
• Marken
• Myonex
• Yourway

About Grand View Research

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

North America Polyphenylene Sulfide Compounds Market Revenue is Expected to Reach USD 355.02 Million by 2030: Grand View Research Inc.

 North America Polyphenylene Sulfide Compounds Market Growth & Trends

The North America polyphenylene sulfide compounds market size is expected to reach USD 355.02 million by 2030, 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 2030. Polyphenylene sulfide (PPS) compounds are widely used in various applications across the automotive industry including thermal management, water pumps, sensors, power control units, batteries, electric motors, electric control units, and extrusion tubes.

The use of PPS compounds helps in reducing fuel consumption and improving system integration. In addition, properties such as exceptional dimensional stability and resistance to mechanical stress and corrosive automotive fluids are augmenting the product demand in automotive applications in the region. The automotive application segment is expected to dominate the market throughout the forecast period owing to the favorable properties of PPS compounds and governmental regulations for vehicle weight reduction.

The polyphenylene sulfide compounds market in North America is expected to grow owing to the growing scope in various application sectors. In electrical and electronics applications, polyphenylene sulfide compounds find application in bobbins and connectors, hard disk drives, electronic housings, sockets, switches, lamp sockets, and microwave parts, among others. Properties of polyphenylene sulfide such as exceptional dimensional stability, heat and chemical resistance, impact resistance, moldability, and rigidity over a wide range of temperatures are significantly fueling the product demand in electrical and electronics applications.

The water supply/fluid management application segment is expected to be the fastest-growing segment over the forecast years. Polyphenylene sulfide compounds help to improve the performance of water supply/fluid management. Fluids and chemicals such as insect control chemicals, automotive fluids, mild acids, and several industrial materials flow through the liquid chemical pump. Hence, achieving chemical and wear resistance is a critical factor in improving the equipment life. This is likely to boost the demand for polyphenylene sulfide compounds in water supply/fluid management, which offers excellent chemical and wear resistance properties.

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North America Polyphenylene Sulfide Compounds Market Report Highlights

• In terms of revenue, the automotive application segment accounted for the largest share in 2020 and is expected to witness prominent growth over the forecast period
• In 2020, the U.S. accounted for the largest revenue share of more than 70.0% in the regional market. Increasing adoption of electric vehicles owing to growing government support in the form of subsidies is further expected to fuel the demand for polyphenylene sulfide compounds in electric vehicles in the country
• Increasing regulatory intervention by the U.S. Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) regarding greenhouse gas emissions and fuel economy standards for vehicles is expected to drive the demand for polyphenylene sulfide in automotive application in the coming years
• Various strategic initiatives were recorded over the past few years, which fueled the growth of the market in North America. For instance, in March 2019, DIC Corporation announced to build a new production line of PPS compounds at its DIC Imaging Products USA, LLC facility in Oak Creek, Wisconsin

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North America Polyphenylene Sulfide Compounds Market Segmentation

Grand View Research has segmented the North America polyphenylene sulfide compounds market on the basis of application and country:

North America PPS Compounds Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Automotive
  • ADAS
  • Thermal Management
  • Water Pumps
  • Sensors
  • Power Control units
  • Batteries
  • Electric Motors
  • Electric Control units
  • Extrusion tubes
  • Others
• Oil & Gas
• Water Supply/Fluid Management
• Electrical & Electronics
• Aerospace
• Coatings
• Others

North America PPS Compounds Country Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• US.
• Canada
• Mexico

List of Key Players of North America Polyphenylene Sulfide (PPS) CompoundsMarket

• DIC Corporation
• Solvay S.A.
• Toray Industries, Inc.
• SK Chemicals
• SABIC
• Celanese 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.

On-board Charger Market Is Expected To Accomplish A Valuation Of Around USD 13.96 Billion By 2028: Grand View Research Inc.

 On-board Charger Market Growth & Trends

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

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

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

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

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On-board Charger Market Report Highlights

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

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On-board Charger Market Segmentation

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

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

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

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

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

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

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

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

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

List of Key Players of the On-board Charger Market

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

About Grand View Research

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

Vibration Sensor Market to Witness Soaring Growth During 2022 – 2030: Grand View Research Inc.

 Vibration Sensor Market Growth & Trends

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

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

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

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

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Vibration Sensor Market Report Highlights

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

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Vibration Sensor Market Segmentation

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

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

• Accelerometers
• Velocity Sensor
• Displacement Sensor

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

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

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

• Doped Silicon
• Piezoelectric Ceramics
• Quartz

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

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

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

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

List of Key Players of the Vibration Sensor Market

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

About Grand View Research

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

Vitamin Supplements Market to Reach USD 71.37 Billion by 2028: Grand View Research Inc.

 Vitamin Supplements Market Growth & Trends

The global vitamin supplements market size is expected to reach USD 71.37 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.2% from 2021 to 2028. The market is predominantly driven by the growing awareness regarding the nutrition intake associated with health.

The nutraceutical industry is an evolving and dynamic sector, which offers novel opportunities to collaborate scientific discovery with the growing consumer interest in health-enhancing foods. It tracks and monitors consumer trends and relationships with mass distributors, thus the products developed in this industry are a response to direct demand. It is used to improve health, delay the aging process, prevent chronic diseases, increase life expectancy, and support the structuring and functioning of the body.

Awareness among consumers regarding health and wellness is shifting the trend toward the “Prevention is better than cure” ideology. This has resulted in more consumers relying on nutraceuticals, functional foods, and dietary and vitamin supplements to lead a healthy and disease-free life.

Nutraceuticals including vitamin supplements have received immense focus in the recent past owing to their nutritional and pharmaceutical benefits along with being safe for consumption without significant side effects. This has led to an explosive growth of the nutraceutical market across the globe.

Vitamin supplements are widely consumed as nutritional supplements across the world as they are useful in the treatment of various diseases and support overall immunity. The manufacturers operating in the market have witnessed an increase in demand due to the COVID-19 pandemic.

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Vitamin Supplements Market Report Highlights

• On the basis of type, the multivitamin segment dominated the market in 2020 with a revenue share of over 40.0%. This is due to the high demand for a blend of vitamins for the overall improvement of health and wellness
• In terms of form, gummies are expected to expand at the fastest CAGR of 7.0% from 2021 to 2028. It is a sweet jelly-like form, is easy-to-carry, and offers better taste, good mouth feel, and essential nutrients
• Based on distribution channel, the online segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 as it provides ease of ordering the required supplements directly from the website, along with free shipping and home delivery services
• North America dominated the market with a revenue share of over 30.0% in 2020. The increasing demand for functional food and health supplements among consumers is a major factor driving the market in the region
• In 2020, Pharmavite, the U.S.-based dietary supplement manufacturer, launched personalized vitamin and supplement subscription service as an extensive brand of Nature Made. This service helps the company to improve its brand value and customer relations

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

Vitamin Supplements Market Segmentation

Grand View Research has segmented the global vitamin supplements market on the basis of type, form, distribution channel, and region:

Vitamin Supplements Type Outlook (Revenue, USD Million, 2017 - 2028)

• Multivitamin
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K

Vitamin Supplements Form Outlook (Revenue, USD Million, 2017 - 2028)

• Powder
• Tablets
• Capsules
• Softgels
• Gummies
• Others

Vitamin Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Offline
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Others
• Online

Vitamin Supplements Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Vitamin Supplements Market

• Glanbia Plc
• Pfizer Inc.
• Bayer AG
• Amway Corp.
• GlaxoSmithKline plc.
• Good Health New Zealand
• The Nature's Bounty Co.
• NOW Foods
• Abbott
• Herbalife Nutrition
• Nature's Sunshine Products, Inc.
• NU SKIN
• RBK Nutraceuticals Pty Ltd.
• American Health, Inc.
• Pharmavite

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.

Europe Natural Dyes & Pigments Market Forecasted to Grow at Steady Pace During 2021-2028: Grand View Research Inc.

 Europe Natural Dyes & Pigments Market Growth & Trends

The Europe natural dyes and pigments market size is anticipated to reach USD 2.18 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 10.1% over the forecast period. The market is anticipated to witness growth due to the increasing demand for digital inks in fabrics and printing inks. Moreover, the raw material price volatility and environmental concerns arising during the manufacturing of synthetic dyes and pigments have further contributed to the development of the natural dyes and pigments market in Europe.

Natural dyes offer better UV protection than synthetic dyes. They exhibit higher UV absorption in the fabrics and result in protection from the sun’s harmful rays. Synthetic colorants tend to be harmful, rendering allergic and intolerance reactions in humans. The non-carcinogenic, non-toxic, and biodegradable characteristics of natural dyes and pigments have proved to be a safer alternative to synthetic colorants in the cosmetic industry.

Key players in the market are carrying out research and development to expand their product offerings. For instance, in July 2021, GNT Group B.V., a company specializing in creating dyes from fruit, vegetables, and edible plants, expanded its range of plant-based EXBERRY colors by launching two new green shades made from turmeric and spirulina.

The Europe market for natural dyes and pigments has witnessed an increase in merger and acquisition activities by key players to strengthen their position in the market. As of 11th October 2021, Givaudan announced the acquisition of DDW The Color House which produces colors from natural sources like fruits, vegetables, and seeds and caters to the food sector. This acquisition is expected to enable Givaudan to become a global leader in natural colors.

In October 2020, Givaudan launched New Red 1805, a vegan high-performance red pigment for use in make-up formulations. It has been crafted for lipstick creation in cosmetics applications. The introduction of new natural pigments is expected to result in market growth for natural dyes & pigments in Europe.

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Europe Natural Dyes & Pigments Market Report Highlights

• The phycocyanin pigments product segment is expected to witness the highest CAGR of 11.8%% over the forecast period in terms of revenue. Phycocyanin segment has a more epitome blue colorant than indigo and gardenia and is expected to witness an increase in demand due to the growing food and beverage industry in Europe over the forecast period
• The growing demand for natural dyes and pigments in Europe is driven by the increasing demand for natural ingredients-based cosmetics and the consumer preference for natural food colorants
• Natural dyes and pigments are more expensive than their synthetic counterparts since their production involves advanced technological processes such as the systematic extraction of pigments, which increases their price. This is expected to hinder the market growth
• Germany accounted for a share of more than 19.0% of the overall revenue in 2020. It is expected to witness a growth of over 10.0% during the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-natural-dyes-pigments-market-analysis

Europe Natural Dyes & Pigments Market Segmentation

Grand View Research has segmented the Europe natural dyes and pigments market based on product, application, and country:

Europe Natural Dyes & Pigments Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Dyes
  • Plant-based
  • Animal-based
  • Mineral-based
• Pigments
  • Carotenoids
  • Anthocyanins
  • Betalains
  • Quercetin
  • Chlorophyll
  • Phycocyanin-based

Europe Natural Dyes & Pigments Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Dyes
  • Printing Inks
  • Textiles
  • Food & Beverages
    • Meat Products
    • Dairy Products
    • Bakery
    • Confectionary
    • Beverages
    • Processed Food & Vegetables
  • Others
• Pigments
  • Plastic
  • Paints & Coatings
  • Printing Inks
  • Cosmetics
    • Hair Colors
    • Make-up Products
    • Toothpaste
    • Others
  • Food & Beverages
    • Meat Products
    • Dairy Products
    • Bakery
    • Confectionary
    • Beverages
    • Processed Food & Vegetables
  • Others

Europe Natural Dyes & Pigments Country Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Germany
• UK.
• France
• Italy
• Russia & CIS Countries

List of Key Players of the Europe Natural Dyes & Pigments Market

• BASF SE
• Koninklijke DSM N.V.
• ABBEY COLOR
• GNT Group B.V.
• EW Nutrition
• Naturex
• DYNADIS
• Vidya Europe Production SAS

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.

Europe Coin-operated Laundries Market Trends Analysis And Forecast Till 2028: Grand View Research Inc.

 Europe Coin-operated Laundries Market Growth & Trends

The Europe coin-operated laundries market size is anticipated to reach USD 7.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.1% from 2021 to 2028. The industry has undergone a revolution. Laundromats are no longer dingy, unsafe, and tedious places that customers must endure on a weekly basis, and have instead become fun and attractive multiservice centers that customers may even enjoy visiting. Modern-day businesses have snack bars, a place to leave off and pick up dry cleaning, and video games. Some of them even use additional methods of payments instead of exclusively being dependent on coins. Many laundry owners also employ attendants to keep an eye on the store and help customers use the equipment.

In addition, owners have realized that they can maximize their profits by providing customers with access to multiple services. Since they pay a set amount of rent on their commercial space, they have started to use that space to its fullest potential. Coin-operated laundry firms are located in apartment housing and are referred to as multi-housing laundry businesses or route laundry businesses. These businesses thrive in periods of both growth and recession. During periods of recession, when homeownership decreases, the self-service laundry market expands as more people are unable to afford to repair, replace, or purchase new washers and dryers, or as they move to apartment housing with inadequate or nonexistent laundry facilities. The market size grows proportionately to the increase in population.

Moreover, most hotels, hostels, and temporary lodging establishments offer coin-operated laundry services for their guests. Hotels often have an agreement that lets guests use laundromat services. In January 2021, Springboard Hospitality expanded its roster of Hawaii properties with the addition of Ohia Waikiki Studio Suites. The studio suit, along with offering 251 apartment-style accommodations, full kitchens, pool, bar, and restaurant, also offers coin-operated laundry facilities. Similarly, in November 2020, 304-room Marriott Tacoma Downtown was inaugurated, which, along with various facilities, also offers coin-operated laundry services.

Furthermore, Hybrid card-op laundry payment allows one to audit the amount of both coin and card sales in each of the machines. As money boxes near capacity, the one gets alerted by email and schedule the right time to have them emptied. Along with this, with an accurate system of accounting for machines, the collections get correctly deposited. Hybrid coin-and-card systems allow one to take the complexity out of dealing entirely with coins alone and save time. As a result, the acceptance of payment through various different channels can increase the traction and contribute to the growth of the industry.

Also, even though the COVID-19 pandemic is on the decline in terms of its impact, its economic impact continues to spread. From laundry businesses having to close down temporarily to closing up shop completely, the ripple effects that the outbreak has had and will continue to have on the national and global economies are unprecedented. For many Europeans, it was routine to run a quick wash at the local laundromat after coming home from work. However, with many Europeans still working from home, the need to go out and use these services has declined.

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Europe Coin-operated Laundries Market Report Highlights

• The market is expected to witness a CAGR of 9.1% from 2021 to 2028
• The residential application segment accounted for the largest revenue share of 80.5% in 2020
• Germany held the largest revenue share of 17.1% in 2020

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-coin-operated-laundries-market-analysis

Europe Coin-operated Laundries Market Segmentation

Grand View Research has segmented the Europe coin-operated laundries market on the basis of application and country:

Europe Coin-operated Laundries Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

Europe Coin-operated Laundries Country Outlook (Revenue, USD Million, 2016 - 2028)

• Germany
• UK.
• France
• Spain
• Italy
• Russia

List of Key Players of Europe Coin-operated Laundries Market

• Elis SA
• COLÁN Córdoba
• Quesada Laundry Service
• WASH’ N DRY (LAVERIE LIBRE SERVICE)
• TECNITRAMO
• REMBLI
• LAVANDERIA LAVISA
• Broomfield Launderette
• Girbau
• Johnson Service Group PLC

About Grand View Research

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