Software Defined Radio Market Projected to Discern Stable Expansion by 2030

 Software Defined Radio Market Growth & Trends

The global software defined radio market size is anticipated to reach USD 47.74 billion by 2030, registering an estimated CAGR of 8.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. Software defined radio (SDR) is a technology that aids in the transmission and reception of high-frequency signals over long distances. It offers benefits while resolving spectrum and wireless communication restrictions. Furthermore, the technology has progressed to the point that software defined radio systems with large bandwidth applications that provide high-quality services are now possible. Countries with a significant modern military presence like the U.S., Japan, Germany, South Korea, and Australia are upgrading their communication systems by integrating software defined radio as the new norm.

In the near future, the market is expected to be used as a reliable and day-to-day technology for delivering telecommunication services such as video streaming channels, digital TV, and radio broadcasts. Software defined radio is available in two forms: modulation with a wide frequency range and waveform with an agile frequency range. As software defined radio does not involve any hardware upgrades, the former is more commonly utilized. This technique is also applied in modern wireless mobile systems. A carrier frequency within the set range is required for frequency selection, which is usually accomplished using a local oscillator. Furthermore, software defined radio is rapidly being used for 5G mobile network trials in the 3.5 GHz and 25 GHz spectrum bands, which is expected to generate attractive prospects for industry competitors.

Software defined radio applications are in demand by the growing requirement for efficient transmission devices. The reconfigurability and interoperability of software defined radio (SDR) for various applications are driving its commercial expansion. The data center market in Europe is expected to grow at a high rate, owing to the growing requirement for data centers to address data flow challenges. Due to an expansion in LTE/4G and wireless services offered by telecom firms, the market is booming. Extensive research and development spending in nations like Australia, Russia, and the United States is more likely to result in efficient services from important companies over the forecast period.

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Software Defined Radio Market Report Highlights

• Over the forecast period, the software segment is expected to have the greatest CAGR of 8.5%. This is due to the growing use of SDR in software radio access networks (RANs), which are comprised of a single hardware platform that supports a variety of wireless communication standards and protocols
• Due to the increasing application of software defined radio in aerospace and satellite communications, the UHF band frequency category is predicted to grow at a CAGR of 9.2% throughout the projection period
• Due to the adoption of SDRs in health monitoring systems such as Wireless Body Area Networks, commercial is expected to be the fastest-growing end-use segment (WBAN) with a CAGR of 9.4%
• The use of SDRs by government agencies for the building of communication networks such as the Chinese government's Government Radio Network (GRN) in Beijing is expected to drive significant growth in the Asia Pacific market

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Software Defined Radio Market Segmentation

Grand View Research has segmented the global software defined radio market on the basis of type, component, frequency band, platform, end-use, and region:

Software Defined Radio Type Outlook (Revenue, USD Million, 2018 - 2030)

• General Purpose Radio
• Joint Tactical Radio System
• Cognitive Radio
• TETRA

Software Defined Radio Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
  • Antenna
  • Transmitter
  • Receiver
  • Others
• Software
• Service

Software Defined Radio Platform Outlook (Revenue, USD Million, 2018 - 2030)

• Ground
• Naval
• Airborne
• Space

Software Defined Radio Frequency Band Outlook (Revenue, USD Million, 2018 - 2030)

• HF Band
• VHF Band
• UHF Band
• Others

Software Defined Radio End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Aerospace & Defense
  • Space
  • Military
• Telecommunication
• Public Safety
• Commercial
• Others

Software Defined Radio Region Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Software Defined Radio Market

• Collins Aerospace Systems
• Harris Corporation
• Elbit Systems Ltd.
• L3 Technologies, Inc.
• BAE Systems
• Huawei Technologies Co., Ltd.
• Datasoft Corporation
• Raytheon CompanyNorthrop Grumman 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.

Microencapsulation Market Expected To Trigger A Revenue To USD 25.9 Billion By 2030: Grand View Research, Inc.

 Microencapsulation Market Growth & Trends

The global microencapsulation market size is expected to reach USD 25.9 billion by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 10.3% during the forecast period. Rising demand for microencapsulated fragrances, bleach activators, and anti-bacterial compounds in the home and personal care industry is expected to propel market growth. Increasing penetration of the technology in the pharmaceutical application for the controlled and sustained release of drugs is likely to be a key factor for the industry expansion.

In addition, the use of the technology in masking odor, taste, and activities of encapsulated drug ingredients is expected to benefit the microencapsulation industry during the projected period. High initial investments for the technology development, coupled with the dominance of the existing market players, are expected to act as a threat to the new entrants. However, the scope for innovations in upcoming fields such as phase change materials (PCM) to incorporate them in sports equipment, building materials, and textiles is expected to drive the product demand.

The microencapsulation technique offers viable texture blending, appealing aroma release, and taste to flavors and fragrances used in food and beverage products. Microencapsulation of flavors protects them from evaporation, oxidation, and thermal degradation, and extends the shelf-life by retaining the food flavors, which is projected to drive their demand in this application.

Numerous industries were negatively impacted due to the COVID-19 outbreak. However, the microencapsulation industry registered good growth owing to its application across different industries. Microcapsules are currently used in baked goods, beverages, meat, poultry, dairy products, and others. Furthermore, in the pharmaceutical industry, microencapsulation has been utilized to strengthen stability, conceal bitter taste, improve drug release qualities, and enable customized drug delivery.

Microencapsulation is a useful technique in the cosmetics industry, as it allows for the protection and controlled release of a variety of active ingredients such as essential and natural oils, perfumes, vitamins, antioxidants, and so on. The do-it-yourself and online sales trends helped the cosmetic and the microencapsulation industry to sail through during the pandemic.

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Microencapsulation Market Report Highlights

• In 2021, the protein-based coating materials segment accounted for 26.3% share of the overall revenue, on account of their superior binding properties, which enable their application in flavor compounds used in the food and beverage industry
• The emulsion technology segment is expected to exhibit a CAGR of 10.5% from 2022 to 2030, on account of its rising demand for encapsulating essential oils to protect their flavors and fragrances in end-use applications
• The home and personal care industry accounted for a 9.66% share of the overall revenue in 2021, on account of the surging demand for the technology to produce cosmetics, including perfume, soap, lotion, cream, shampoo, and washing liquids
• The pharmaceutical application segment is expected to expand at a CAGR of 10.0% during the forecast period, owing to benefits offered by the technique such as particle size reduction for enhancing the solubility of poorly soluble drugs, sustained drug delivery, and cell encapsulation
• The European region generated a revenue of approximately USD 3.4 billion in 2021, with a majority of its share derived from pharmaceutical applications
• Major players operating in the microencapsulation industry operate their business through strategic partnerships and tie-ups with end-user industries, wherein they offer client-specific technology solutions
• In October 2021, Milliken, which is a global manufacturer in the material science industry, acquired Encapsys LLC, a global leader in microencapsulation. The acquisition is expected to propel Milliken’s efforts to offer sustainable innovations to its customers

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Microencapsulation Market Segmentation

Grand View Research has segmented the global microencapsulation market on the basis of coating material, technology, application, and region:

Microencapsulation Coating Material Outlook (Revenue, USD Million, 2018 - 2030)

• Carbohydrates
• Gums & Resins
• Lipids
• Polymers
• Proteins

Microencapsulation Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Coating
• Emulsion
• Spray Technologies
• Dripping
• Others

Microencapsulation Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical & Healthcare Products
• Home & Personal Care
• Food & Beverages
• Agrochemicals
• Construction
• Textile
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Malaysia
• Rest of the World
  • Brazil
  • South Africa
  • Argentina
  • Chile

List of Key Players in the Microencapsulation Market

• Capsulae
• LycoRed Group
• BASF SE
• Balchem
• Encapsys LLC (Milliken)
• AVEKA Group
• Reed Pacific Pty Ltd.
• Microtek Laboratories, Inc.
• TasteTech Ltd.
• GAT Microencapsulation GmbH
• Ronald T. Dodge Co.
• Evonik Industries AG
• Inno Bio Limited
• Bayer AG
• Dow Corning Corporation
• The 3M 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.

Automotive Brake System Market to Reach USD 72.70 Billion by 2030: Grand View Research Inc.

 Automotive Brake System Market Growth & Trends

The global automotive brake system market is expected to reach USD 72.70 billion by 2030, registering a CAGR of 5.4% during the forecast period, according to a new report by Grand View Research, Inc. Factors such as the increasing number of road accidents have led to the rising demand for the safety features such as traction control system, anti-lock braking system, advanced driver system, etc. Passengers are concerned about the rising fatality which is prompting automotive manufacturers to install more efficient automotive systems.

Furthermore, the demand for semi-luxury and luxury high-performance automobiles has increased significantly in recent years. As a result, the demand for effective brake systems in vehicles such as passenger cars, large and light commercial vehicles, and two-wheelers continue to increase. These factors are driving the growth of the automotive brake system market significantly, throughout the forecast period.

In addition, due to increased demand and the production of vehicles, Asia-Pacific has been the leading market for automotive brake systems and is expected to maintain its dominance during the forecast period. Factors actors such as government regulation in countries such as India, Japan, and China and measures to improve vehicle safety are likely to boost the growth of the automotive brake system market during the forecast period.

However, the advanced braking technology contains complex electronic and mechanical system. An anti-lock brake system has components such as controllers, valves, and sensors which makes ABS more expensive than a conventional brake system. Therefore, they have high development and maintenance costs.

Improvements in two-wheeler braking systems and augmentation in previously unexplored markets, within developing countries, present significant growth opportunities for the players. New technical advancements such as ABS and regenerative braking are expected to boost the global market for automotive brake systems. Furthermore, based on the technology type anti-lock braking system has gained the highest market share. Its growth can be attributed to the mandatory deployment of anti-lock brake systems in key automobile market regions.

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Automotive Brake System Market Report Highlights

• The Automotive Brake System Market is expected to reach USD 72.70 billion by 2030 with a CAGR growth of 5.4 % during the forecasted period
• The growth of the automotive brake system market is linked to the demand for both passenger and commercial vehicles
• The disc brake segment is expected to grow at rapid pace because of their capacity to work in inclement weather without overheating or fading
• Factors such as government regulation and measures to improve vehicle safety are likely to boost the growth of the automotive brake system market during the forecast period
• High repair and maintenance costs of technologically advanced brake are anticipated to hinder the growth of the automotive brake system market

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Automotive Brake System Market Segmentation

Grand View Research has segmented the global automotive brake system market report based on the type, vehicle, technology, and region:

Automotive Brake System Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Disc Brake
• Drum Brake

Automotive Brake System Vehicle Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Passenger Cars
• Commercial Vehicles

Automotive Brake System Technology Outlook (Revenue, USD Billion, 2018 - 2030)

• Anti-lock Brake System (ABS)
• Traction Control System (TCS)
• Electronic Stability Control (ESC)
• Electronic Brake-force Distribution (EBD)

Automotive Brake System Region Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Automotive Brake System Market

• Advics Co. Ltd.
• ZF Friedrichshafen AG
• Akebono Brake Industry Co.
• Hitachi Automotive System
• Brembo SpA
• Robert Bosch GmbH
• Aisin Seiki Co.Ltd.
• Haldex
• Web co
• Nissin Kogyo 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.

Expansion of In-flight Entertainment & Connectivity Market During 2022– 2030 to Gain Robust Traction: Grand View Research Inc.

 In-flight Entertainment & Connectivity Market Growth & Trends

The global in-flight entertainment & connectivity market size is predicted to achieve USD 11.79 billion by 2030, increasing at a CAGR of around 9.0% from 2022 to 2030, as per a new report by Grand View Research, Inc. The changing passenger demand for absolute connectivity onboard is one of the key factors driving the market's growth. The increasing number of non-stop long-distance flights worldwide is expected to offer substantial growth potential for the in-flight entertainment & connectivity market over the coming years.

There has been a significant rise in the consumer demand for connectivity assistance within the aircraft cabin. The comprehensive in-flight entertainment & connectivity (in-flight entertainment and connectivity) capacities are increasing, associated with the enhancements in wireless connectivity delivered to passengers. This growth is anticipated to provide airlines with ample opportunities to increase their ancillary revenue.

The in-flight entertainment and connectivity market is on the verge of cracking into the mainstream and evolving an anticipated service offered on international flights sooner than an optional extra service. As DGCA has given permission for onboarding Wi-Fi in India in commercial flights in 2020, passengers are looking forward to this as an experience rather than traveling.

Passengers are using more gadgets than ever before in-flight; 65% of passengers are streaming their own devices compared to 44% opting to use seatback unit LCDs for in-flight entertainment purposes. As per the Inmarsat survey, 55% of customers think in-flight Wi-Fi is a crucial thing, and 67% of customers will rebook airlines provided with high-quality in-flight Wi-Fi. An increase in quality Wi-Fi services by airlines is boosting the in-flight entertainment and connectivity market.

Airlines frequently tend to alter their IFC service provider to reasonably comprehend the technologies in terms of performance and general experience to the passengers, eventually providing the most reasonable value to the airlines. This trend is expected to grow in the number of alliances and associations in the marketplace as airline companies and satellite connectivity providers work hand in hand to ensure flawless in-flight entertainment and connectivity services onboard.

The major airline companies throughout the world are substituting screens and heavy cablings with onboard Wi-Fi systems for passengers to acquire their own devices, which will decrease the aircraft's overall weight. Nowadays, the trend of customers bringing their electronic devices (PED) on board and ready to spend an extra cost for utilizing Wi-Fi during the flight is growing exponentially. Furthermore, an increase in the need to play live TV onboard directly on the customers' devices, eventually creating good growth prospects for the in-flight entertainment and connectivity market.

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In-flight Entertainment & Connectivity Market Report Highlights

• In an endeavor to maintain a competitive advantage, significant airlines worldwide have adopted replacing traditional seatback IFE systems with wireless in-flight entertainment systems.
• Customer need for IFE has now changed from the traditional way of saying, 'please amuse me’ into a more intelligent ‘I want to entertain myself’ mindset.
• Major service providers are collaborating with airline companies to deliver more comprehensive coverage and capacity.
• Increasing acceptance for in-flight entertainment and connectivity systems by low-cost carriers to improve the customer's experience in short-run flights.
• Utilizing wireless instead of wired networks has significant compensations for the airlines, such as the decrease in overall weight with the abolishment of cabling, thereby allowing easier installation and lowering fuel and maintenance costs.

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In-flight Entertainment & Connectivity Market Segmentation

Grand View Research has segmented the in-flight entertainment & connectivity market on the basis of device, technology, component, application, and region.

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

• Hardware
  • Non-Portable
  • Portable
• Connectivity
  • Wired
  • Wireless
• Content
  • Stored
  • Streamed

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

• Narrow-Body Aircraft (NBA)
• Wide-Body Aircraft (WBA)
• Very Large Aircraft (VLA)

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

• In-Flight Entertainment (IFE)
• In-Flight Connectivity (IFC)

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

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

List of the Key Players in the In-Flight Entertainment & Connectivity Market

• BAE Systems
• Cobham plc.
• Collins Aerospace
• Eutelsat Communications
• Global Eagle Entertainment Inc.
• Gogo LLC
• Honeywell International Inc.
• Inmarsat plc.
• Iridium Communications Inc.
• Panasonic Corporation
• Safran (Zodiac Aerospace SA)
• SITAONAIR
• Thales SA
• ViaSat Inc.

About Grand View Research

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

Smart Glass Market to Expand at a CAGR of 10.3% Through 2030: Grand View Research Inc.

 Smart Glass Market Growth & Trends

The global smart glass market size is expected to reach USD 12.76 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of over 10.3% from 2022 to 2030. This can be attributed to the growing demand across the transportation and architectural sectors. The emerging trend of deploying innovative technologies in new buildings has instigated the adoption of smart glass products in the architectural sector

The latest glass solutions provide on-demand privacy in the form of smart glass or dynamic glazing. These glasses help transform the overall indoor experience by offering an outside view while maintaining environmental sustainability. This has drastically increased the demand for smart glass in hospitals, restaurants, and other commercial buildings. Besides, the growing interest in renovating residential buildings to make them more energy efficient is also providing lucrative opportunities for glass manufacturers. Quoting instance, in April 2021, Halio Inc. inked a deal with Marvin to introduce smart glass to the residential construction sector.

Smart glasses are available in a wide variety such as electrochromic, SPD, PDLC, etc. Among these, the PDLC segment is expected to witness considerable growth during the forecast timeline. The growth can be credited to the operational feasibility offered by this technology which facilitates optical translucency and a fast response time. In addition to this, it offers ultra-fast switching speed, low haze, and low power consumption, which is playing a key role in instigating the product application in windows and partition walls. The other factors such as high stability for heat, UV, and moisture, long lifetime, and low driving voltage are also driving the demand for PDLC smart glass.

Elaborating on applications, smart glass technology is finding extensive scope in power generation. In 2021, researchers in China designed photovoltachromic device-based smart solar window technology that allows high pristine transmittance and is self-adaptable for controlling indoor temperature and brightness. Photovoltachromic devices have the potential to enable adjustable transparency glazing while generating electricity using the PV effect. Such ongoing technological developments are positively influencing the overall market statistics.

The global market is highly competitive, with the major players making rigorous attempts to deliver enhanced offerings differentiated by quality or service. As smart glass is relatively more expensive than its legacy counterpart, it is important to ensure a good value proposition to gain a competitive edge. For instance, smart glass manufacturers are inclined on introducing augmented reality concepts to provide a distinguished user experience. In July 2021, Corning Inc. signed a partnership agreement with Hyundai Mobis under which the former will offer Corning Curved Mirror Solutions that will be used as the vital component in the latter’s Augmented Reality Head-Up Display system.

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Smart Glass Market Report Highlights 

• The establishment of stringent regulatory norms such as the Building Energy Conservation Act and the green building initiative by the European Union is anticipated to drive market growth during the forecast period
• The establishment of stringent regulatory norms such as the Building Energy Conservation Act and the green building initiative by the European Union is anticipated to drive market growth during the forecast period
• The latest trend of incorporating panoramic roof panels and large sunroofs in luxury cars is expected to stimulate smart glass demand in transportation applications
• Being an untapped market with ample growth opportunities for the market players, Asia Pacific is projected to record the highest CAGR of around 12.0% through the forecast period

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Smart Glass Market Segmentation

Grand View Research has segmented the global smart glass market based on technology, application, and region:

Smart Glass Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Electrochromic
• Polymer Dispersed Liquid Crystal (PDLC)
• Suspended Particle Devices (SPD)
• Thermochromics
• Photochromic

Smart Glass Application Outlook (Revenue, USD Million, 2018 - 2030)

• Architectural
• Transportation
  • Automotive
  • Aircraft
  • Marine
• Consumer Electronics
• Power Generation

Smart Glass Regional Scope (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Smart Glass Market

• AGC Inc.
• ChromoGenics
• Corning Incorporated
• Gauzy Ltd.
• Gentex Corporation
• Guardian Industries
• Kinestral Technologies, Inc.
• Nippon Sheet Glass Co., Ltd.
• PPG Industries, Inc.
• RavenWindow
• Research Frontiers Inc.
• Saint-Gobain S.A.
• Showa Denko Materials Co., Ltd.
• Smartglass International Limited
• VELUX Group
• View, Inc.
• Vision Systems

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.

Multi-access Edge Computing Market Poised to Expand at a Robust Pace of USD 55,409.7 Million Over 2030: Grand View Research Inc.

 Multi-access Edge Computing Market Growth & Trends

The global multi-access edge computing market size is anticipated to reach USD 55,409.7 million by 2030, expanding at a CAGR of 47.2% during the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of Over-the-Top (OTT) media streaming services and rising demand for personalized content are estimated to drive market growth. The rising number of users opting for the OTT video delivery model is projected to encourage mobile networks and telecom companies to improve their existing infrastructure. The multi-access edge computing (MEC) architecture brings backend functions closer to the user network, which is anticipated to help Multichannel Video Programming Distributors (MVPD) meet consumer expectations.

The technology is observing increased adoption across industries such as automotive, IT, telecom, and data center. The retail sector is also projected to experience substantial disruption due to the integration of MEC technology in the near future. The use of MEC technology is projected to minimize data processing time and increase the effectiveness of in-store systems, allowing for better resolution of consumer complaints. Additionally, the implementation of this technology is intended to reduce the burden of external mega sites, providing users with a more seamless in-store experience. MEC integration in network systems reduces the total cost of ownership and creates quick returns on investment as compared to legacy systems, which could encourage smaller retail chains to adopt MEC technology.

The MEC market is expected to be fueled by the ubiquity of IoT devices and the growing need for real-time analysis of data produced by them. Moreover, as MEC is implemented through virtual machines from the network edge to cloud computing centers, it leads to better resource utilization and helps reduce routing and computing constraints. Using this technology in IoT can help relieve the burden on cloud networks and reduce the consumption of energy, both of which are predicted to provide considerable market opportunities.

Multi-access edge computing is projected to improve manufacturing practices, leading to the emergence of a connected automated ecosystem. The emergence of connected ecosystems in vehicles is driving the demand for solutions that can help wireless devices, computing systems, and sensors in connected cars to function together in a coordinated manner, which could favor the adoption of MEC. The technology can be used to provide key safety and operational data and improve safety, efficiency, and value-added services like car finders and smart parking. Additionally, applications such as collision warnings, road hazard mapping systems, congestion detection, and emergency vehicle alerts are attracting people to try out these services, supporting market growth.

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Multi-access Edge Computing Market Highlights

• In terms of region, the Asia Pacific regional market is estimated to expand at a CAGR of over 53% from 2022 to 2030.
• In terms of solution, the software segment accounted for the highest revenue share of around 47.0% of the global MEC market in 2021.
• In terms of end-use, the data centers segment is expected to account for the largest market share of over 20.0% in 2030.
• North America dominated the global MEC market in terms of revenue in 2021. The regional market is expected to expand at a CAGR of 40.0% in the forecast period.

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Multi-access Edge Computing Market Segmentation

Grand View Research has segmented the global multi-access edge computing market on the basis of solution, end-use, and region.

Multi-access Edge Computing Solution Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
• Software
• Services

Multi-access Edge Computing End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• IT & Telecom
• Smart Cities, Smart Homes, & Smart Buildings
• Datacenters
• Energy & Utilities
• Automotive
• Others (Healthcare, Agriculture)

Multi-access Edge Computing Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

List of Key Players in the Multi-access Edge Computing Market

• ADLINK Technology Inc.
• Advantech Co., Ltd.
• FogHorn Systems
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd.
• Juniper Networks, Inc.
• SAGUNA
• SMART Embedded Computing
• Vapor IO
• Skyvera

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 And Wastewater Treatment Equipment Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Water And Wastewater Treatment Equipment Market Growth & Trends

The global water and wastewater treatment equipment market size is anticipated to reach USD 84.58 billion by 2030 and is expected to expand by a compound annual growth rate (CAGR) of 5.1% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for clean water owing to rapid urbanization and industrialization coupled with infrastructural developments in the water management industry is anticipated to drive the market growth during the forecast period.

Wastewater and its discharge sludge contain several valuable resources, including phosphorus, and nitrogen, which can be recovered and reused to preserve threatened resources. Thus, a rising focus on reducing water consumption by reusing wastewater to ensure resource efficiency and support a globular economy is likely to open new avenues for market growth.

Rapid technological developments in the global industry are expected to positively influence short- as well as long-term modifications at water & wastewater management facilities. Market players are increasingly focusing on integrating advanced technologies to develop more efficient and effective solutions for water management, thereby driving the product demand.

In addition, the rising environmental concerns along with the need to comply with the stringent government regulations regarding water management, globally, are the factors anticipated to propel the product demand. Increasing investments to treat micropollutants and Polyfluoroalkyl Substances (PFAS), majorly in Europe and North America, are likely to have a positive impact on the growth of the global market.

According to the World Bank, investment in fundamental public health infrastructures, such as water and sanitation systems, is one of the most cost-effective measures for improving pandemic preparedness, particularly in resource-constrained environments. The market was negatively impacted due to the COVID-19 pandemic. Supply chain disruption during the pandemic led to a shortage of equipment and consumables required for the treatment procedures. 

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Water And Wastewater Treatment Equipment Market Report Highlights

• The biological product segment is estimated to register a CAGR of 5.2% from 2022 to 2030 due to the stringent regulations coupled with the increasing demand for high-quality solutions used for wastewater management
• The secondary treatment segment accounted for a revenue share of 37.0% in 2021 owing to the high adoption of advanced wastewater management technologies, such as Moving Bed Biofilm Reactors (MBBR) and Integrated Fixed-Film Activated Sludge (IFAS)
• The product demand in the industrial application segment is anticipated to ascend at the fastest CAGR of 5.3% from 2022 to 2030
• This growth can be attributed to the rapid industrialization, particularly in developing countries, coupled with stringent regulations pertaining to effluent discharge from industries
• Major companies have undertaken several business strategies, such as mergers, acquisitions, and R&D, to strengthen their presence in the global market
• For instance, in February 2020, Veolia Water Technologies, U.K. completed the acquisition of Biochemica Water Ltd. It is expected to help the company in becoming one of the leading end-to-end suppliers to the industrial and municipal sectors in the U.K. Veolia Water Technologies
• In May 2022, Saur and Veolia signed an agreement. According to that, Saur has committed to buy the latter’s mobile water services business in Europe

Access Press Release@ https://www.grandviewresearch.com/press-release/global-water-and-wastewater-treatment-equipment-market

Water And Wastewater Treatment Equipment Market Segmentation 

Grand View Research has segmented the global water & wastewater treatment equipment market based on the equipment, process, application, and region:

Water & Wastewater Treatment Equipment Outlook (Revenue, USD Billion, 2018 - 2030)

• Membrane Separation
• Biological
• Disinfection
• Sludge Treatment
• Others

Water & Wastewater Treatment Equipment Process Outlook (Revenue, USD Billion, 2018 - 2030)

• Primary
• Secondary
• Tertiary

Water & Wastewater Treatment Equipment Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Municipal
• Industrial

Water & Wastewater Treatment Equipment Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of the Key Players in the Water And Wastewater Treatment Equipment Market

• Veolia
• SUEZ
• DuPont
• Pentair plc
• Xylem, Inc.
• Aquatech International LLC
• Ecolab, Inc.
• Calgon Carbon Corp.
• Evoqua Water Technologies 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.

U.K. Imaging Services Market Estimated To Flourish By 2030: Grand View Research Inc.

 U.K. Imaging Services Market Growth & Trends

The U.K. imaging services market size is expected to reach USD 23.84 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.9% from 2022 to 2030. Medical imaging technologies are highly useful in detecting changes in the appearance of organs, tissues, and arteries, as well as diagnosing various diseases like cancer. Each modality has its own set of advantages for effectively identifying a variety of medical conditions. The prevalence of various disorders is predicted to increase market growth.

Emerging innovations in medical imaging technology and their adoption by service providers are expanding the market size. For instance, in May 2020, Alliance Medical and Expandable Healthcare announced the launch of Mobile Medical Plus in the U.K., a mobile imaging unit with an in-patient facility. Furthermore, the market is likely to grow over the forecast period due to the increased prevalence of chronic diseases such as cancer and cardiovascular disorders, which necessitates the use of advanced medical imaging technologies for diagnosis. As per the International Agency for Research on Cancer, about 457,960 new cancer cases were diagnosed in the U.K. in 2020, with 179,648 fatalities in the same year.

With the adoption of modern imaging technology, the number of imaging service providers in the U.K. is rapidly increasing. According to the Organization for Economic Co-operation and Development (OECD), hospitals had around 7.8 MRI units and 9 CT units installed per 1,000,000 population in 2020. Furthermore, the rising frequency of CT scans in the U.K. is predicted to boost the overall market growth. According to the same source, CT scans were performed in U.K. hospitals at a rate of 103 per 1,000 people in 2019. The low cost of CT scans compared to MRI scans is also expected to increase their uptake.

In order to grow their services and presence, the market's leading competitors are undertaking various efforts such as acquisitions and funding of medium and small-sized organizations. For instance, in March 2021, Fortius Clinic, U.K.'s single largest orthopedic group with an international reputation in orthopedics and MSK, was acquired by Affidea Group, the leading European provider of diagnostic imaging, outpatient, and cancer care services. In July 2020, Rutherford Health entered into a partnership with Somerset NHS Foundation Trust, to provide diagnostic services through a new diagnostics facility in Somerset, England. The diagnostics facility is expected to offer a variety of diagnostic services and assist in the delivery of test results.

Request a free sample copy or view the report summary: U.K. Imaging Services Market Report

U.K. Imaging Services Market Report Highlights

• By modality, the MRI scans segment accounted for the largest revenue share in 2021 owing to its effective diagnostic results.
• The CT scans segment is expected to grow at a significant rate during the forecast period.
• Based on end-use, the hospital segment accounted for the largest revenue share in 2021, owing to the adoption of advanced imaging modalities by hospitals.
• The diagnostic imaging centers segment is expected to grow at a lucrative rate during the forecast period.

Access Press Release@ https://www.grandviewresearch.com/press-release/uk-imaging-services-market-analysis

U.K. Imaging Services Market Segmentation

Grand View Research has segmented the U.K. imaging services market based on modality and end-use:

Modality Outlook (Revenue, USD Billion, 2018 - 2030)

• X-rays
• CT Scans
• MRI Scans
• Ultrasound
• Nuclear Medicine Scans

End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Hospitals
• Diagnostic Imaging Centers
• Others

List of Key Players in U.K. Imaging Services Market

• Alliance Medical
• InHealth Group
• Neuromed Diagnostic Imaging Center
• UNILAB
• Medica Group
• TIC Health
• The radiology Clinic
• Affidea Group
• Vista Health
• Medical Imaging Partnership
• Rutherford Diagnostics

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.

Anti-snoring Devices & Snoring Surgery Market to Reach Around USD 2.65 Billion by 2030: Grand View Research Inc.

 Anti-snoring Devices & Snoring Surgery Market Growth & Trends

The global anti-snoring devices and snoring surgery market size is expected to reach USD 2.65 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to register a significant CAGR of 7.2% over the forecast period. Increasing focus on developing new products in the market by the key players is expected to boost the growth of the market. In addition, the ever-rising cases of snoring issues and sleep apnea are also expected to propel the growth of the market over the forecast period. For instance, according to the American Sleep Association, about 50-70 million U.S. adults have a sleep disorder and 48% of this report snoring.

Various restrictions laid down by the government as an attempt to curb the spread of the COVID-19 virus led to a major loss across the majority of industries. While the restriction on traveling and movement led to a major disruption in the supply of products and services, it also led to reduced patient visits to the hospitals and clinics. Thus, the pandemic had a huge impact on the healthcare industry. The global market felt a slight yet significant negative impact too. The reduced patient visits to the hospitals and clinics further led to a reduced number of patients seeking treatment for snoring. However, with the world returning to normalcy and manufacturers focusing on new and advanced product development, the market is expected to experience considerable growth over the forecast period.

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Anti-snoring Devices & Snoring Surgery Market Report Highlights

• Based on type, the oral appliances/mouthpieces segment dominated the global market in 2021
• The high share of the segment was attributed to the increased adoption of oral appliances/mouthpieces as they are often recommended as the first line of treatment
• The COVID-19 pandemic had a slight negative impact due to reduced patient visits to the hospitals and clinics to seek a proper treatment regime
• With the majority of countries moving towards digital technology and e-commerce, the market players have a higher chance of increasing their product reach and market penetration

Access Press Release@ https://www.grandviewresearch.com/press-release/global-anti-snoring-devices-snoring-surgery-market

Anti-snoring Devices & Snoring Surgery Market Segmentation

Grand View Research has segmented the global anti-snoring devices and snoring surgery market based on type and region:

Anti-snoring Devices & Snoring Surgery Type Outlook (Revenue in USD Million, 2017 - 2030)

• Oral Appliances/Mouthpieces
• Nasal Devices
• Position Control Devices
• Chin Straps
• Tongue Stabilizing Devices
• EPAP Therapy Devices

Anti-snoring Devices & Snoring Surgery Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Anti-snoring Devices & Snoring Surgery Market

• Apnea Sciences Corp.
• SomnoMed Ltd.
• Airway Management, Inc.
• ResMed Inc.
• Fisher & Paykel Healthcare Corp. Ltd.
• Koninklijke Philips NV
• Sleep Well Enjoy Life, Ltd.
• Tomed Dr. Toussaint GmbH
• MEDiTAS 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.

CNG Powertrain Market to Observe Strong Development by 2030: Grand View Research Inc.

 CNG Powertrain Market Growth & Trends

The global CNG powertrain market size is expected to reach USD 290.09 billion by 2030, as per research conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 17.2% from 2022 to 2030. Increasing pollution from conventional liquid fuel-powered automobiles has created a demand for alternative fuels vehicle with similar performance. Compressed Natural Gas (CNG) powertrain vehicle is a potential substitute as it aids in reducing carbon footprint and achieving net-zero emissions goals. The CNG powertrain vehicle engine functions similarly to the gasoline-powered vehicle and has better efficiency, making it a viable option. 

The prominent players in the market are majorly focusing on the incorporation of advanced technologies into engines. Maruti Suzuki, an Asian player, provides factory-fitted S-CNG technology for its cars. S-CNG technology embodied engines have an intelligent fuel-injection system and an electric control unit, which enables easy switching between petrol and CNG, enhancing the engine performance. The addition of the advanced system to the CNG powertrain engine will increase its mileage, durability, and efficiency, thus resulting in a rising preference for CNG powertrain vehicles over the ICE vehicle. Maruti Suzuki has planned to incorporate fuel flex technology and introduce new models of CNG powertrain vehicles such as Ciaz, Brezza, and Ertiga by 2025. These newly launched CNG vehicles have the potential to replace the existing gasoline-powered fleet in the market.  

The governments are taking various initiatives to raise the adoption of CNG vehicles by increasing investment in building the CNG stations and providing incentives to consumers, which is creating demand for CNG powertrains in the market. For instance, Clean Transportation Program was introduced by California state. Through this program, incentives for the purchase of CNG vehicles are provided to consumers, which is expected to increase the penetration of natural gas such as CNG and LPG fuel vehicles. Additionally, the California state government will be investing $100 million annually to support the innovation and accelerate the development of cleaner advanced technologies for CNG and LPG vehicles. Thus, technological development and increasing adoption of CNG-fueled automobiles among consumers are expected to create new growth opportunities for the market.

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CNG Powertrain Market Report Highlights

• By drive type, the front wheel drive segment dominated the market in 2021. The segment growth is due to its advantageous features such as lightweight, better fuel economy, higher maneuverability, and cost-effectiveness over others
• By vehicle type, the commercial vehiclesegment is expected to witness tremendous growth during the forecast period. The rising government investment to develop CNG infrastructure and various incentives offered to CNG powertrain bus and truck buyers are majorly contributing to segment growth
• Asia Pacific held the largest revenue share of over 65.0% in 2021. Countries such as China, India, and Thailand are being affected by the fluctuating gasoline prices, which is encouraging them to adopt affordable alternative fuels, such as CNG, which is creating demand for CNG powertrain

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

CNG Powertrain Market Segmentation

Grand View Research has segmented the global CNG powertrain market based on drive type, fuel type, vehicle type, and region:

CNG Powertrain Drive Type Outlook (Revenue, USD Million, 2018 - 2030)

• All-wheel Drive
• Rear Wheel Drive
• Front Wheel Drive

CNG Powertrain Fuel Type Outlook (Revenue, USD Million, 2018 - 2030)

• Mono Fuel
• Bi-fuel

CNG Powertrain Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)

• Passenger Vehicle
• Commercial Vehicle

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

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

List of Key Players in the CNG Powertrain Market

• Cummins Inc.
• AB Volvo
• Robert Bosch GmbH.
• FPT Industrial S.P.A.
• Ford Motor Company
• Maruti Suzuki India Limited
• Volkswagen AG
• Hyundai Motor Company
• Nissan Motor Co., Ltd.
• Honda Motor 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.