Electric Vehicle Infotainment Market is Expected to Enhance USD 19.49 Billion Revenue By 2030: Grand View Research Inc.

 Electric Vehicle Infotainment Market Growth & Trends

The global electric vehicle infotainment market is expected to reach USD 19.49 billion by 2030 with a CAGR growth of 38.1% over the forecast period, according to a new report by Grand View Research, Inc. EV infotainment systems offer components such as video/audio entertainment, navigation, call control, climate control, apps, and connectivity features, bringing digital life on the road. The market is witnessing high growth owing to new connectivity features based on smartphones, Bluetooth, and wired & wireless technologies at low cost. The increasing connectivity capability in the infotainment system is enabling end-users to access basic features such as navigation and calling easily. The rising uptake of EVs in mid to high-end segment cars is also driving the market growth.

The integration of cloud technology in the infotainment system is also creating avenues for market growth. The integration of cloud technology in cars can update traffic data and maps, helping prevent road accidents. Electric cars exchange data to provide real-time traffic information and weather condition for safe and easy navigation through real-time maps. The use of cloud technology enables secure, alert, and comfortable driving. Additionally, manufacturers are paying attention to designing details of the infotainment system to match the aesthetics of the vehicles. Thus, driving the growth of the electric vehicle infotainment market. Technological advancements in heads-up, rear-seat entertainment, and dashboard infotainment systems are gaining traction among manufacturers and end-users.

Electric vehicles are becoming more interactive in terms of information exchange and entertainment systems. For this purpose, many manufacturers are installing high-definition screens of various sizes. For, Tesla’s Model 3 and Model Y has a 15-inch infotainment screen. The specification of these screens enables the driver to view and operate the infotainment system with efficiency and effectiveness without much strain on the driver’s eyes. With the growing emphasis on passenger safety, automotive manufacturers are also integrating Advanced Driver Assistance Systems (ADAS) and Digital Monitoring Systems (DMS) are being connected with the infotainment system in EVs. These technological advancements are creating new growth opportunities for infotainment manufacturers.

The wireless connection segment holds the highest market share in 2021. As the use of smartphones grows, so does the need for network access. The use of smartphones to connect to the internet has enabled wireless communication and cellular connection for infotainment because of the high-speed connection and ease of use, electric vehicle infotainment systems are gaining popularity. The Wireless connectivity's global expansion enables EV infotainment to give a smooth driving experience while moving the market forward growth.

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Electric Vehicle Infotainment Market Report Highlights

• The market will witness growth based on factors such as uptake of electric vehicles, enhanced connectivity, screen size, and use of technology such as AI and cloud
• The heads-up, rear seat entertainment system, and dashboard infotainment system are gaining popularity.
• Integration of infotainment system in passenger EVs will drive the market growth during the forecast period.
• Major players in the market are Alpine Electronics Inc., Continental AG, Denso Corporation, Panasonic Corporation and Pioneer Corporation

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Electric Vehicle Infotainment Market Segmentation

Grand View Research has segmented the global Electric Vehicle Infotainment market report based on system type, connectivity type, end-user, and region:

System Type Outlook (Revenue, USD Million, 2018 - 2030)

• Multimedia
• Heads-up Display
• Navigation Unit
• Communication Unit
• Rear Seat Entertainment

Connectivity Type Outlook (Revenue, USD Million, 2018 - 2030)

• Bluetooth
• Cellular
• Wireless
• Wired Connectivity

End-User Outlook (Revenue, USD Million, 2018 - 2030)

• BEV
• HEV

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Norway
  • Sweden
• Asia Pacific
  • China
  • Japan
  • South Korea

List Of Key Players in Electric Vehicle Infotainment Market

• Alpine Electronics Inc.
• Continental AG
• Denso Corporation
• Harman International Industries Inc.
• Panasonic 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.

Water Dispenser Market to Witness Soaring Growth During 2022 – 2030: Grand View Research Inc.

 Water Dispenser Market Growth & Trends

The global water dispenser market is expected to reach USD 5.34 billion by 2030, expanding at a CAGR of 8.9% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is largely driven by the demand for water dispensers with characteristics such as portability, easy usage and installation process, and minimal maintenance costs.

The scarcity of drinking water in several regions requires robust sources to meet the rising demand for safe drinking water which leads to increased product sales, thereby driving the market growth. Rising awareness regarding the availability of energy-efficient products also drives the industry's growth.

For instance, in June 2021 Global natural water brand Evian launched Evian (re)new. Designed by Virgil Abloh, fashion designer and creative advisor for Sustainable Innovation Design at Evian, the product features five-liter bubbles that consumers place onto a base. The design is made from 100 percent recycled plastic. Notably, the bubble's "skin" is created with 60 percent less plastic than if it was held in equivalent plastic bottles.

The bottled water dispenser segment is observed to occupy the largest market share in the market during the forecast period. One of the significant driving factors for bottled water dispensers is that they do not require piping assembly. In addition, these dispensers can be installed anywhere as per the customer’s preference. Moreover, the installation cost is drastically reduced as compared to bottle-less dispensers, where the customer needs to set up a piping layout and make other necessary operational arrangements. The rising demand for bottled water is the key factor driving the segment growth. Moreover, lower initial costs along with easy installation and low maintenance requirements are likely to augment the product demand.

The market is characterized by the presence of several well-established players, such as Primo Water Corporation; Whirlpool Corporation; Waterlogic Holdings Limited; Voltas Limited; Culligan International Company; and Honeywell International Inc. These players account for a considerable market share and have a strong presence across the globe. The market also comprises small-to-midsized players, which offer a selected range of water dispensers and mostly serve regional customers. 

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Water Dispenser Market Report Highlights

• The water dispenser is anticipated to grow at the rate of 8.9% from 2022 to 2030 owing to the high demand for water dispensers with characteristics such as portability, easy usage and installation process, and minimal maintenance costs
• The bottle-less segment is anticipated to grow at the fastest rate during the forecast period. These do not require any loading or unloading of water bottles on the machine, which is a key factor propelling the segment growth
• The commercial application segment occupies the highest market share during the forecast period, owing to the great demand for the provision of instant hot and cold water and their convenient dispensing functions have made them vital in many businesses and offices
• The hospitality sector has the highest CAGR. Multiple water dispenser manufacturers are serving the hospitality industry with innovative designs and high aesthetic value, which can easily be installed in hotel lobbies, conference rooms, and premium restaurants
• North America is the largest consumer of bottled water dispensers in the world. The U.S. is one of the largest consumers of packaged water and people are increasingly opting for purified water bottles instead of tap water. In addition, water dispensers are considered essential appliances in both, residential as well as commercial sectors

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Water Dispenser Market Segmentation

Grand View Research has segmented the water dispenser market based on product, application, end-use, distribution channel and region:

Water Dispense Product Outlook (Revenue, USD Million, 2017 - 2030)

• Bottled
• Bottle-less

Water Dispense Application Outlook (Revenue, USD Million, 2017 - 2030)

• Residential
• Commercial
• Industrial

Water Dispense End-Use Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial
  • Hospitality
  • Transport Terminal
  • Institutions
  • Corporate Offices
  • Others
• Industrial
  • Food & Beverages
  • Healthcare
  • Others

Water Dispenser Distribution Channel Outlook (USD Million, 2017 - 2030)

• Online
• Retail Store
• Non-Branded Store

Water Dispense Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the Water Dispenser Market

• Whirlpool Corporation
• Primo Water Corporation (formerly, Cott Corporation)
• Honeywell International Inc.
• Culligan International Company
• Clover Co. Ltd.
• Waterlogic Holdings Limited
• Midea Group Co. Ltd.
• O. Smith Corporation
• Edgar’s Water

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.

Specialty Medical Chairs Market to Observe Strong Development by 2030: Grand View Research Inc.

 Specialty Medical Chairs Market Growth & Trends

The global specialty medical chairs market size is expected to reach USD 7.0 billion by 2030, registering a compound annual growth rate (CAGR) of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. Increasing geriatric population is one of the major factors boosting the specialty medical chairs market. As per the WHO, it is estimated that from 2025 to 2050, the older population is expected to almost double to 1.6 billion globally. According to The World Bank, the population in the Asia Pacific region is aging rapidly.

In East Asia and the Pacific, there were more than 211 million people aged 65 and over in 2010. The elderly population is expected to grow by 22% every five years in East Asia. This shows the potential demand for geriatric chairs in the coming years, which will subsequently propel the specialty medical chairs market. The rising prevalence of lifestyle-associated diseases, such as obesity, chronic kidney disease, diabetes, and cardiovascular diseases (CVDs), is also expected to augment the specialty medical chairs market. Furthermore, surging cases of paralysis and spinal injuries are expected to foster specialty medical chairs market growth during the forecast period.

Supportive regulatory frameworks and increasing reimbursement policies in developed economies are anticipated to drive market growth. For instance, Medicare policies in the U.S. offer reimbursement for equipment, such as wheelchairs, recliners, and others. Furthermore, the examination and treatment rates at dental, ophthalmic, and gynecology clinics decreased significantly, which can be attributed to the lockdown imposed in various countries due to the pandemic and the growing preference for online consultations. Various domestic and international companies faced major supply chain challenges due to the pandemic. However, major countries in Asia, such as China and South Korea, are on a steady path to recovery, thereby spurring market growth.

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Specialty Medical Chairs Market Report Highlights

• The rehabilitation product segment held the dominant share of over 40% in 2021, owing to the rise in the geriatric population
• In 2021, dialysis chairs held the largest share in the examination product segment owing to the increased prevalence of chronic kidney diseases and the rise in funding to centers for better equipment
• The treatment product segment is anticipated to register the fastest CAGR during the forecast period as these products are required for carrying out various treatment procedures, such as dental, and offer better comfort to patients during these procedures
• Asia Pacific is anticipated to be the fastest-growing regional market from 2022 to 2030 owing to improving healthcare infrastructure, growing geriatric population, and rising disposable income levels

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Specialty Medical Chairs Market Segmentation

Grand View Research has segmented the global specialty medical chairs market based on product, ens-use and region:

Specialty Medical Chairs Product Outlook (Revenue, USD Million, 2018 - 2030)

• Examination
  • Birthing
  • Cardiac
  • Blood Drawing
  • Dialysis
  • Mammography
• Treatment
  • Ophthalmic
  • ENT
  • Dental
  • Others
• Rehabilitation
  • Pediatric
  • Bariatric
  • Geriatric
  • Others

Specialty Medical Chairs End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Clinics
• Others

Specialty Medical Chairs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Specialty Medical Chairs Market

• A-dec, Inc.
• ActiveAid, Inc.
• DentalEZ, Inc.
• Fresenius Medical Care AG & Co. KGaA
• Topcon Corp.
• Midmark Corp.
• Danaher (KaVo Dental GmbH)
• Dentsply Sirona
• Planmeca Oy
• Hill Laboratories Company

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.

Australia Legal Cannabis Market to Undertake Strapping Growth By 2030

 Australia Legal Cannabis Market Growth & Trends

The Australia legal cannabis market size is expected to reach USD 540.6 million by 2030 and is expected to expand at a CAGR of 30.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing cannabis legalization, growing patient population, increasing government support, and the presence of local and foreign players in the country are all contributing to the country's rise. Furthermore, the increase in medical marijuana output as a result of increasing demands in the pharmaceutical sector is boosting overall growth.

Based on the source type, the hemp segment dominated the market in Australia and accounted for the highest revenue share of 83.2% in 2021. The increased usage of hemp-based products for different medical and industrial reasons is credited with the market's growth. The rising frequency of epilepsy and other sleep disorders is assisting product uptake, resulting in favorable growth. The marijuana segment, on the other hand, is expected to grow at the fastest rate during the projection period, owing to increased legalization of these products for medicinal and adult use, as well as a rising consumer shift toward obtaining the product through legal channels.

CBD, among the derivatives, accounted for the largest revenue share in 2021. Post legalization in 2021, products containing CBD products have been readily available over the counter and their demand is growing exponentially. Many companies have started introducing new products in the market for several indications. Other category recorded the fastest growth for the forecast period and is also a result of the high influx of products in the market, containing trace amounts of flavonoids, terpenes, and minor cannabinoids which have been used for multiple indications. These factors had a combined positive effect on the market growth.

Based on the end-use type, the industrial application accounted for the highest revenue share of 81% in 2021. The food and beverage, automotive, personal care, construction, and textile industries are all seeing increased demand for hemp fiber and oil, which is helping the market grow. The medical application segment, on the other hand, is predicted to develop at the quickest rate during the forecast period, owing to increased awareness of the health advantages of cannabis products for a variety of medicinal applications, such as anxiety, and chronic pain, sleep disorders, and inflammation.

COVID-19 pandemic caused major shut-downs across all trade imports or export of goods. However, Australia being a local producer of cannabis saw a major spike in its usage for recreational purposes, legal cannabis showed a huge dip in revenues, but has picked up since the restrictions have eased and trade has resumed. Post legalization of cannabis products for OTC sale across various distribution channels, the market is expected to grow manifold.

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Australia Legal Cannabis Market Report Highlights

• The legal cannabis market in Australia is anticipated to grow exponentially by 2030, owing to the cannabis legalization, a growing patient population, more government assistance, and the presence of local and foreign players are all factors to consider
• The increased usage of hemp-based products for different medical and industrial reasons contributed to the growth of the segment in 2021
• CBD products are in high demand due to their multifarious benefits in indications including epileptic seizure, nausea, and arthritic pain
• Industrial applications of hemp fibers and oil are in high demand for a variety of applications, including construction, automotive, personal care, food and beverage, and textiles contributing to the dominance of this segment in 2021

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Australia Legal Cannabis Market Segmentation

Grand View Research has segmented the Australia legal cannabis market based on source type, derivatives, and end-use type:

Australia Legal Cannabis Source Type Outlook (Revenue, USD Million, 2016 - 2030)

• Marijuana
  • Flowers
  • Oil and Tinctures
• Hemp
  • Hemp CBD
  • Supplements
  • Industrial Hemp

Australia Legal Cannabis Derivatives Outlook (Revenue, USD Million, 2016 - 2030)

• CBD
• THC
• Others

Australia Legal Cannabis End-use Outlook (Revenue, USD Million, 2016 - 2030)

• Medical Use
  • Chronic Pain
  • Anxiety and Depression
  • Cancer
  • Arthritis
  • Diabetes
  • Glaucoma
  • Migraines
  • Epilepsy
  • Multiple Sclerosis
  • AIDS
  • Amyotrophic Lateral Sclerosis
  • Alzheimer’s
  • Post-Traumatic Stress Disorder (PTSD)
  • Parkinson’s
  • Tourette’s
  • Others
• Recreational Use
• Industrial Use

List of Key Players of the Australia Legal Cannabis Market

• Cann Group Limited
• Zelira Therapeutics
• AusCann Group Holdings Ltd.
• Bod Australia
• Althea Group
• ECOFIBRE
• MCG Pharma
• EPSILON
• Little Green Pharma
• Emyria
• Epsilon Healthcare Limited

About Grand View Research

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

Global Demand for Kraft Liner Market Increasing in Most Part of World 2030

 Kraft Liner Market Growth & Trends

The global kraft liner market size is expected to reach USD 71.28 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.9% from 2022 to 2030. The growth in the packaging industry on account of the rise of the e-commerce sector across the globe is the major factor driving the market growth over the forecast period.

Kraft liner is primarily utilized for packaging as an alternative to plastic-based packaging. It is a two-ply product wherein the top ply is made up of unbleached softwood fibers and the base ply consists of a mixture of unbleached fibers and recycled fibers. Kraft liner has characteristics like great strength and good printability.

An increase in demand for packaging in the e-commerce sector across the globe has led to a rise in the usage of kraft liners. Moreover, rising industrial operations across the globe are projected to drive the growth of industrial logistics thereby driving the demand for kraft liners.

Multinational companies integrate to reduce the overall cost of the process, thereby making it difficult for small players to sustain in the market owing to competitive pricing. Distributors and retailers are the other important entities of the value chain as they have a major influence on the pricing model of the entire process.

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Kraft Liner Market Report Highlights

• Kraft liner with GSM 80 to 160 led the market and accounted for 59% of the revenue share in 2021 on account of their various applications in food & beverages, consumer goods, medical tools, equipment, and pharmaceutical industries
• GSM > 160 product segment was one of the major contributors to the market accounting for 35.5% of the market share. It is expected to grow at a significant CAGR owing to its growing use in the packaging of industrial machinery, automotive parts, glass objects, and others
• Asia Pacific is estimated to witness the fastest CAGR of 7.2%, owing to the presence of a large number of producers and end-use industries like the food & beverages sector, construction sector, and manufacturing sector
• The demand in the market was hampered owing to the global outbreak of the COVID-19 pandemic in 2020. Governments in major economies like the U.S., India, South Korea, the U.K., Germany, and Italy, imposed restrictions on several industries to prevent the transmission of the virus
• To cater to customer demand and meet the challenges of the growing industry the liner board manufacturers are specifically investing in research and development to find the solutions that would have a significant impact on the e-commerce sector

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Kraft Liner Market Segmentation

Grand View Research has segmented the global kraft liner market based on product and region:

Kraft Liner Product Outlook (Volume, Kilotons; Revenue USD Billion, 2017 - 2030)

• GSM < 80
• GSM 80 to 160
• GSM > 160

Kraft Liner Regional Outlook (Volume, Kilotons; Revenue USD Billion, 2017 - 2030)

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

List of Key Players in the Kraft Liner Market

• Smurfit Kappa
• Groupo Europac
• Roxcel Handelsges.m.b.H
• Astron Paper & Board Mill
• Eagle Paper International, Inc.
• Thai Paper Mill Company Limited
• International Paper
• Hazel Mercantile Limited
• Mondi Group
• Nine Dragons Paper (Holdings) Limited

About Grand View Research

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

Ginger Beer Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 Ginger Beer Market Growth & Trends

The global ginger beer market size is expected to reach USD 8.13 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.1% from 2022 to 2030. The increasing adoption of sweetened and carbonated drinks such as ginger beer among consumers is expected to drive the market demand in the forecast period. According to an article published by TASTEWISE, in September 2021, ginger beer is consumed 1.5 times on average every year. In addition, various establishments such as microbreweries and brewpubs are expected to foster market growth in the forecast period.

Shifting consumer preference from high-calorie towards low-calorie beverages such as ginger beer is expected to drive the market in the forecast period. Key manufacturers in the market are launching new products to meet the growing consumer demand. For instance, in April 2020, James Squire, Lion’s craft beer brand, launched an alcoholic ginger beer, crafted using Australian ginger. The beer was created in response to the growing consumer demand for more refreshing and easy-to-drink options.

The non-alcoholic type segment emerged as the largest segment in 2021 and is expected to maintain its lead in the forecast period. The increasing adoption of trendy lifestyles among consumers has led to the growth of non-alcoholic beverages and other related products and forms. According to an article published in The Food Institute, in May 2021, approximately 71% of consumers prefer low or no alcoholic beverages and are likely to continue the trend for the same year. Another key factor contributing to market growth is the availability of lower sugar content beer, which is expected to accelerate the market growth.

The off-trade distribution channel is expected to emerge as the fastest-growing segment over the forecast period. Increasing offers and discounts by retail stores such as supermarkets, hypermarkets, and convenience stores to the existing and loyal customers would help increase the sales of the products in the coming years. Furthermore, the availability of products in different packs such as 12 Fl Oz and 16 Fl Oz in different retail stores such as Walmart would provide consumers with options to choose from. Major players in the global market include a combination of a few established players and a few developing players. Various product offerings and new ginger beer launches by these brands will fuel the market growth.

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Ginger Beer Market Report Highlights

• North America held the largest revenue share in 2021. The increasing launches of flavored ginger beer in the U.S. will support the market growth in the region
• The alcoholic type segment is projected to register the fastest growth rate during the forecast period as these products have low alcohol content, thus fulfilling consumers’ demand
• By flavor, the flavored segment is estimated to witness the fastest growth during the forecast period owing to the availability of various types of flavored ginger beer such as hibiscus and lemon
• The off-trade distribution channel is predicted to become the fastest-growing segment during the forecast period owing to the availability of a wide range of products in retail stores

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Ginger Beer Market Segmentation

Grand View Research has segmented the global ginger beer market on the basis of type, flavor, distribution channel, and region:

Ginger Beer Type Outlook (Revenue, USD Million, 2017 - 2030)

• Alcoholic
• Non-alcoholic

Ginger Beer Flavor Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Original
• Flavored

Ginger Beer Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• On-trade
• Off-trade

Ginger Beer Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Spain
  • Poland
  • Netherlands
  • Switzerland
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of Ginger Beer Market

• Crabbie’s Alcoholic Ginger Beer
• BUNDABERG BREWED DRINKS
• Fever-Tree
• Fentimans 
• RACHEL’S GINGER BEER
• Gunsberg
• Natrona Bottling Company
• Goslings Rum
• Old Jamaica Ginger Beer
• Q MIXERS

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.

Thermal Interface Materials Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Thermal Interface Materials Market Growth & Trends

The global thermal interface materials market is projected to reach USD 4.86 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.4% during the forecast period, according to a new report by Grand View Research, Inc. The increasing use of electrical equipment and electronic gadgets is expected to boost the market for thermal interface materials during the forecast period.

The rising demand for high-grade specifications in electronic devices due to the increased need in terms of consumer electronics and technology innovation is expected to support the growth of thermal interface materials. Moreover, the growing demand for the latest technological gadgets and specialty electronics for high-end operations is expected to augment the market in the projected time.

Commercial availability and enhanced performance characteristics of the products to reduce the heat transfer are likely to support the demand. Thermal interface materials conduct more heat than air, which it displaces as a substance to fill the imperfection between the physical contact of solid surfaces. These materials can also extract waste heat generated when a semiconductor electronic device is used to its maximum potential. Increased use of electronic devices in various areas such as consumer goods, and automobiles and the use of smart devices in the household, commercial, and industrial operations are expected to augment the growth of thermal interface materials during the forecast period.

The COVID-19 pandemic impacted the increased use of smart devices and electrical appliances by consumers. As a result, production and demand for thermal interface materials have increased. During the pandemic, however, supply chain disruption caused by governmental restrictions had a minor negative impact on the market.

The market is highly competitive for a variety of reasons, including the high level of innovation in terms of product innovation and performance, the remarkable impact of e-commerce on the shopping experience, and product substitutes.

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Thermal Interface Materials Market Report Highlights

• The computer application segment registered the highest market share of 24.5% in utilizing the product, followed by the telecom sector owing to rising reliance on computers and laptops globally for personal and professional use
• The market for greases and adhesives products in 2021 accounted for USD 631.6 million in revenue and is expected to expand at a CAGR of 11% during the forecast period owing to their suitable lubrication properties like viscosity, thermal stability, and oxidation resistance
• Asia Pacific was the largest regional segment accounting for 38.1% of the total market share in terms of revenue in 2021 due to the prominence of expansion in the medical and pharmaceutical industry in the emerging economies
• Tapes & films accounted for a revenue of USD 265.5 million in 2021 on account of high demand for the electronic and electrical equipment due to requirements related to heat dissipation

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Thermal Interface Materials Market Segmentation

Grand View Research has segmented the Thermal Interface Materials market based on product, application, and region:

Thermal Interface Materials Market Product Outlook (Revenue, USD Million; 2017 - 2030)

• Tapes and films
• Elastomeric Pads
• Greases and Adhesives
• Phase change materials
• Metal-Based
• Others

Thermal Interface Materials Market Application Outlook (Revenue, USD Million; 2017 - 2030)

• Telecom
• Computer
• Medical devices
• Industrial machinery
• Consumer Durables
• Automotive Electronics
• Others

Thermal Interface Materials Market Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players of Thermal Interface Materials Market

• 3M Company
• Dow Corning Company
• Honeywell International Inc.
• Parker Chomerics
• Henker AG & Co., KGaA
• Indium Corporation
• Momentive Performance Materials Inc
• Laird Technologies Inc.
• Fuji Polymer Industries Co. Ltd
• Zalman Tech 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.

U.S. Skilled Nursing Facility Market Competitive Insight and Key Drivers 2022 to 2030: Grand View Research Inc.

 U.S. Skilled Nursing Facility Market Growth & Trends

The U.S. skilled nursing facility market size is expected to reach USD 232.5 billion by 2030, according to a new report by Grand View Research, Inc., registering a 3.32% CAGR over the forecast period.The growing aging population with increasing care needs and rising prevalence of chronic diseases in the country will propel the need for skilled nursing facilities(SNFs). In addition, lower costs of SNF as compared to hospitals will drive the market growth. SNFs cover numerous aspects such as therapy, mental health services, special dietary needs, hygiene items, recreational activities, and housekeeping.

The coronavirus pandemic has adversely affected the entire market for skilled nursing facilities. These medical facilities were major infection hotspots that limited operations in skilled nursing facilities. In addition, the elderly population was considered the most vulnerable group to infectious diseases and restricted their use of these services. However, the adoption of digital and wireless technology and video conferencing during a pandemic has supported the growth of the market.

Residents of skilled care facilities may be at increased risk of becoming infected with COVID-19. According to the CDC, during the first few months of the pandemic, about 2.1 million people live in long-term care facilities or nursing homes, accounting for less than 1% of the US population. These facilities were not allowed to accept new residents, had no new source of income for the additional costs associated with the virus, and adversely affected the service department of skilled care facilities.

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U.S. Skilled Nursing Facility Market Report Highlights

• The freestanding segment dominated the market in 2021 due to its lower cost compared to hospital-based facilities. The segment is expected to remain dominant and is expected to record a significant growth rate
• Skilled nursing facilities will be compensated by Medicare Apartments A and B. This makes it more sustainable and a factor in market growth
• Based on ownership, for-profit facilities dominated the market in 2021 due to increased acquisition and delivery of high-quality care while ensuring financial viability
• During the pandemic, the long-term care centers received billions of dollars from the government, according to the Center for Medicare Advocacy report released in March 2021
• Approximately 10,293 long-term care facilities received a total of approximately $ 5.7 billion in loans under the Paycheck Protection Program, as of March 2021. The program was created as part of the CARES Act and extended by the Consolidated Appropriations Act of 2021, to provide financial support for businesses to retain employees during a pandemic
• In June 2021, Amedisys announced the acquisition of Contessa Health, a leading hospital and skilled care facility company. Through this acquisition, the company wants to expand its home care capabilities by adding more advanced acute care home hospitals and skilled home care facilities with advanced analytics platforms and expanding network management

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U.S. Skilled Nursing Facility Market Segmentation

Grand View Research has segmented the U.S. skilled nursing facility market based on the type of facility, and ownership:

U.S. Skilled Nursing Facility Type of Facility Outlook (Revenue, USD Billion, 2017 - 2030)

• Freestanding
• Hospitals

U.S. Skilled Nursing Facility Ownership Outlook (Revenue, USD Billion, 2017 - 2030)

• For-Profit
• Non- Profit
• Government 

List of Key Players of the U.S. Skilled Nursing Facility Market

• Genesis Healthcare
• Brookdale Senior Living Solutions
• The Ensign Group, Inc
• Extendicare
• Amedisys
• Sunrise Senior Living, LLC
• Life Care Services
• Golden Living Centres
• LifeCare Centres of America Corporate
• Peninsula behavioral health
• Lincare, Inc
• Sava Senior Care Administrative Services LLC

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.

Oil Storage Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Oil Storage Market Growth & Trends

The global oil storage market volume is expected to reach 2,292 MCM by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.98% from 2022 to 2030. A rise in oil & gas production along with the growing demand for crude oil in several end-use markets is likely to drive the market growth over the forecast period. A fixed roof oil storage tank is the most commonly used tank in North America for storage purposes of petroleum products and crude oil. These tanks are easy to construct and an economical option in comparison to the other tank designs. The floating roof tank is likely to witness the fastest growth rate over the forecast period due to fabrication developments and can be used in combination with the fixed roof oil storage tanks. Strategic Petroleum Reserve (SPR) is an emergency storage reserve.

To ensure energy security coupled with the increasing population and demand for petroleum products, several countries are actively involved in developing strategic petroleum reserves. Oil production has witnessed significant growth along with the rising downstream potential. This has urged the government and the oil companies to upgrade their inventories and infrastructure to store large quantities of crude oil and other petroleum products, which are anticipated to increase the SPR facilities. North America is a major oil-producing and consuming region in the world, with the U.S. accounting for a significant share. Oil storage in Canada and the U.S. has evolved rapidly to accommodate the increased output of crude oil and related products.

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Oil Storage Market Report Highlights

• In terms of volume, the crude oil segment of oil storage accounted for a prominent share in the market in 2021 and is further expected to witness steady growth over the forecast period
• Asia Pacific accounted for the maximum revenue share in 2021 on account of high demand for petroleum and distillates in the commercial and industrial sectors
• The oil industry in North America is significantly formed by the geopolitical implications of its countries and the world. The U.S. is a major contributing nation to the oil economy of this region. Interconnections of the U.S. with the world are a key strategy for its energy security
• Major industry participants are practicing several organic and inorganic strategic growth initiatives to expand their service portfolio and enhance their foothold in the market

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Oil Storage Market Segmentation

Grand View Research has segmented the global oil storage market based on application, product, and region:

Oil Storage Application Outlook (Volume, MCM, 2019 - 2030)

• Crude Oil
• Middle Distillates
• Gasoline
• Aviation Fuel
• Others

Oil Storage Product Outlook (Volume, MCM, 2019 - 2030)

• Open Top
• Fixed Roof
• Floating Roof
• Others

Oil Storage Regional Outlook (Volume, MCM, 2019 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Russia
  • Netherlands
  • Belgium
• Asia Pacific
  • China
  • Australia
  • Indonesia
  • Malaysia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE

List of Key Players of Oil Storage Market

• VTTI
• Royal Vopak
• Oiltanking GmbH
• Buckeye Partners, LP
• Containment Solutions, Inc.
• Shawcor
• Belco
• CST Industries
• Superior Tank Co., Inc.
• DELTA OIL TANKING BV

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.

Workwear Market Size Is Predicted To Reach A Valuation Of USD 27.36 Billion By 2030: Grand View Research Inc.

 Workwear Market Growth & Trends

The global workwear market size is expected to reach USD 27.36 billion by 2030, registering a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. The rising safety concerns in industries coupled with the rising incidences of work-related deaths have been creating a high demand for workwear around the world. Over the past few years, numerous companies in the market have been offering workwear with advanced fabric technology and enhanced features, such as lightweight and versatility, which can be used for different work environments. For instance, Scruffs, a U.K.-based apparel supplier, provides softshell jackets made with 100% polyester. This product is waterproof, fully wind-resistant, and enables high mobility.

Mascot International Ltd., another U.K.-based workwear manufacturer, offers safety shoes and boots that are lightweight and have shock-absorbing soles. It has been observed that leading companies are incorporating advanced technologies, such as the Internet of Things (loT), in workwear to offer features like asset tracking systems. For instance, a microcontroller chip fitted inside a loT-incorporated wearable can help collect real-time data about the posture, toxic gas exposure, motion, breathing, and heart rate of the workers, and this information is accessible and visible to the person in charge. This technology enables organizations to ensure workers’ safety by effectively supervising their health conditions. Eniday, an Italy-based company, manufactures workwear with IoT features.

The apparel product segment dominated the global market in 2021 and accounted for the largest share of the global revenue. Growing participation and the inclination of people toward job opportunities are among the major factors driving the growth of the market. Moreover, the easy availability of durable, comfortable as well as customized products is expected to boost the demand for apparel in the coming years. The protective apparel sub-segment is poised to witness exponential growth, particularly generating huge demand from the medical & healthcare industry. Workwear for biological application holds immense potential and has offered lucrative growth opportunities on account of the COVID-19 pandemic giving further push to the segment.

In the biological industry, workwear is used in microbiological laboratories, sewage work, waste treatment, biotechnological production, etc. Thus, the segment is projected to grow at the fastest CAGR during the forecast period. The market is highly fragmented with a major share occupied by a few firms like 3M, Carhartt Inc., Honeywell International Inc., and Kimberly Clark Corp. Key players operating in the market are implementing strategic initiatives, such as product launch, acquisition, and venturing to strengthen their market positions. These strategies also help in increasing their geographical reach, cutting down competition, and gaining additional share in the market. For strategic and financial buyers alike, the most attractive M&A targets will have strong leadership including a deep bench of rising, future leaders.

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Workwear Market Report Highlights

• The footwear segment is anticipated to grow at the fastest rate over the forecast period. Increasing cases of accidents at workplaces have been boosting the demand for protective shoes across various industries
• The improving women to men ratio in the global workforce market, coupled with the increasing participation of women in the corporate sector, is expected to drive the demand for women's workwear
• In addition, a rising number of women pursuing higher education worldwide is expected to increase their involvement in the labor force. This, in turn, is likely to positively impact the market for women’s workwear
• Asia Pacific is set out to surpass the regional market growth in the years to come. The growing job opportunities in this region are expected to spur the demand for workwear clothing
• In addition, the massive growth of the e-commerce industry in this region has increased the availability of a variety of workwear products, thereby supporting market growth

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Workwear Market Segmentation

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

Workwear Product (Revenue, USD Million, 2017 - 2030)

• Apparel
  • General Workwear
  • Protective Workwear
• Footwear
  • General Footwear
  • Protective Footwear

Workwear Demography (Revenue, USD Million, 2017 - 2030)

• Men
• Women

Workwear Application Outlook (Revenue, USD Million, 2017 - 2030)

• Chemical
• Power
• Food & Beverage
• Biological
• Others

Workwear Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Workwear Market

• Carhartt, Inc.
• Aramark
• Alisco Group
• Alexandra
• Lafont SAS
• Aditya Birla Group
• 3M
• Ansell ltd
• Honeywell International
• Kimberly-Clark Corp

About Grand View Research

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

U.S. Disposable Face Mask Market Set to Witness an Uptick during 2022 to 2030: Grand View Research Inc.

 U.S. Disposable Face Mask Market Growth & Trends

The U.S. disposable face mask market size is expected to reach USD 607.8 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of -25.2% from 2022 to 2030. The unprecedented spread of coronavirus in the U.S. is driving the demand for disposable face masks. The demand for disposable face masks is likely to be driven by the rising popularity of online shopping platforms including Amazon.com, Inc. and eBay Inc. Furthermore, the popularity of online sales has been creating a healthy demand for designer face masks, most notably among affluent consumers worldwide. Such trends are expected to sustain throughout the forecast period.

The COVID-19 pandemic has been creating a strong demand for disposable face masks worldwide. With the global demand for the product rapidly outstripping supply, numerous market participants have been increasing production to cater to the expanding universal need for disposable face masks. For instance, 3M, a U.S.-based multinational conglomerate corporation specializing in the fields of health care, consumer goods, and worker safety, doubled its production of N95 masks globally during February and March 2020.

The personal application segment held the largest revenue share in 2021. The global rise in the incidence of airborne diseases and pollution levels has been encouraging a sizable number of consumers to opt for personal disposable face masks. With consumers looking to protect themselves against several viruses- and bacteria-related illnesses, prominent manufacturers are focusing on increasing their scale of operation with regard to the manufacturing of disposable face masks for personal use.

The offline distribution channel segment dominated the U.S. market in 2021. Consumer outlets that sell selective items of a single brand are considered specialty retail stores. Specialty retailers primarily focus on high customer satisfaction. Most pharmacies, drug stores, and hospitals sell disposable face masks at a cheap price. Moreover, purchasing products offline gives a better understanding of the quality and design of the product. Physical verification of the products is only possible through offline channels and this acts as a crucial deciding factor for consumers.

Major players in the U.S. market include a combination of a few established players and many small players. Players in this market face intense competition from each other as some of them are among the top manufacturers and have a large customer base for their products in both regional and international markets.

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U.S. Disposable Face Mask Market Report Highlights

• The rest of the U.S. held the largest revenue share in 2021 and is expected to maintain its lead over the forecast period. New product launches have been contributing immensely to the wide penetration of the market in other parts of the country
• The dust masks product segment is projected to register a CAGR of -22.8% during the forecast period owing to its ability to prevent inhalation of dust, paint mist, and other larger particles
• The industrial application segment is predicted to expand at a CAGR of -21.5% during the forecast period. Rising awareness among the industrialists regarding the significance of using masks to protect laborers from particles is driving the segment

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U.S. Disposable Face Mask Market Segmentation

Grand View Research has segmented the U.S. disposable face mask market report based on product, application, distribution channel, and state:

U.S. Disposable Face Mask Product Outlook (Revenue, USD Million, 2017 - 2030)

• Protective Masks
• Dust Masks
• Non-woven Masks

U.S. Disposable Face Mask Application Outlook (Revenue, USD Million, 2017 - 2030)

• Industrial
• Personal

U.S. Disposable Face Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

U.S. Disposable Face Mask State Outlook (Revenue, USD Million, 2017 - 2030)

• California
• Texas
• New York
• Florida
• Illinois
• Pennsylvania
• Rest of U.S.

List of Key Players in the U.S. Disposable Face Mask Market

• 3M
• Honeywell International Inc.
• Moldex-Metric, Inc.
• KCWW
• uvex group
• Kowa Company Ltd.
• SAS Safety Corp.
• DACH Schutzbekleidung GmbH & Co. KG
• The Gerson Companies
• JIANGSU TEYIN IMP. & EXP. 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.