Friday, 24 February 2023

Global Quality Management Software Market to Reach Around USD 20.66 Billion by 2030: Grand View Research Inc.

 Quality Management Software Market Growth & Trends

The global quality management software market size is estimated to reach USD 20.66 billion by 2030, registering a CAGR of 10.6% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market growth is attributed to factors such as growing emphasis on establishing internal quality policies and standard operating procedures to supplement organizational growth and developing a customer-centric organization. For industries such as utility and energy, the implementation of quality management software (QMS) is expected to increase owing to advantages such as mitigation of compliance and operational risk, standardization of process, improved decision making, and reduction of energy waste while improving the organization's goodwill.

The healthcare sector is another vertical with the potential for wide implementation of quality management systems (QMS), which is expected to support the software's market growth. The software providers offer hospitals and pharmaceutical companies customized solutions to streamline operations and reduce task time. For instance, in July 2021, Intelex Technologies provided Community Memorial, a hospital in California, with quality management software solutions. The solution includes monitoring & measurement, document control, an audit checklist, supplier management, and a customized dashboard. The software implementation increased the incident reporting rate, administration efficiency, and lead time reduction for a particular task.

Furthermore, quality management software provides a range of functionalities, such as handling non-conformances of specification test results, ensuring compliance, and calibration, along with a centralized system that is calibrated with the CRM and ERP systems. These functionalities, such as the reduction of business process optimization and operational costs, are expected to propel the adoption of QMS across different industry verticals.

Major players in the market are resorting to practices such as product launches, mergers, acquisitions, and partnerships to gain or maintain market share. For instance, in September 2022, Plex System Inc. announced the enhancement of its QMS solution, complying with the customer-specific requirement of Ford Motor Company. The solution will enable Ford Motor Company to adhere to its IATF-16949 FMEA requirements. The QMS by plex allows the manufacturer to reduce risk and quality costs, analyze efficiently through document control, and take corrective action through the Corrective and Prevention Action System (CAPA), thus helping Ford Motor Company streamline their operations further.

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Quality Management Software Market Report Highlights

  • The document control segment is expected to experience growth over the forecast period. The solution helps in creating a central repository for paperwork.
  • Based on the deployment segment, cloud deployment is anticipated to register the fastest-growing CAGR from 2023 to 2030. The flexibility of adoption is contributing to the wide adoption of cloud-based QMS platforms. Additionally, the extra costs of hardware installation are eliminated which in turn reduces the overall cost.
  • The SME segment is anticipated to register a higher growth rate during the forecast period. The rising density of services providers and affordable QMS solutions are helping SMEs to implement QMS
  • The healthcare industry has the highest growth within the end-use segment. Software implementation in pharmaceutical companies is enhancing the quality of customer service worldwide

Access Press Release@ https://www.grandviewresearch.com/press-release/global-quality-management-software-market

Quality Management Software Market Segmentation

Grand View Research has segmented the global quality management software market report based on solution, deployment, enterprise size, end-use, and region.

Quality Management Software Solution Outlook (Revenue, USD Million, 2018 - 2030)

  • Document Control
  • Non-conformances/Corrective & Preventative
  • Complaint Handling
  • Employee Training
  • Audit Management
  • Supplier Quality Management
  • Calibration Management
  • Change Management
  • Others

Quality Management Software Deployment Outlook (Revenue, USD Million, 2018 - 2030)

  • On-premise
  • Cloud

Quality Management Software Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)

  • Small & Medium Enterprise (SME)
  • Large Enterprise

Quality Management Software End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • IT & Telecom
  • Transportation & Logistics
  • Consumer Goods & Retail
  • Defense & Aerospace
  • Manufacturing
  • Healthcare
  • Others

Quality Management Software Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of key players in the Quality Management Software Market

  • Arena Solutions, Inc.
  • Cority Software Inc.
  • Dassault Systemes SE
  • EtQ Management Consultants, Inc.
  • Ideagen Plc.
  • Intelex Technologies
  • MasterControl, Inc.
  • MetricStream, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • Pilgrim Quality Solution
  • Plex Systems, Inc.
  • SAP SE
  • Siemens AG
  • Sparta Systems Inc.
  • uniPoint Software, Inc.
  • Veeva 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.

Aerosol Propellants Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Aerosol Propellants Market Growth & Trends

The global aerosol propellants market size is expected to reach USD 15.54 billion by 2030 and is expected to expand at 6.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the rising utilization of deodorants, hair sprays, hair mousse, dry shampoos, insecticides, air fresheners, and cleaning products. Additionally, macroeconomic factors such as the rising disposable income of consumers are anticipated to result in an increased demand for cosmetics and personal care products.

Hydrocarbons are widely used in pharmaceutical aerosols on account of their low toxicity, low cost, and non-reactivity, making them environmentally friendly. In addition, they do not contain halogen, which makes them excellent propellants or water-based aerosols. Thus, positively impacting their demand during the forecast period.

In Europe, aerosol propellants are extensively used in household products including air fresheners, fabric care products, waxes & polishes, and kitchen cleaning products among others. High awareness among consumers regarding cleanliness has resulted in substantial demand for aerosols. Furthermore, rising awareness concerning general well-being and the early treatment of respiratory illnesses are likely to result in high demand for inhalers with aerosols as they offer quick relief to patients.

Most industry participants invest in differentiating themselves from other players as the market is fragmented and competitive. Manufacturers of aerosol propellants continue to base their products on elements such as hydrocarbons, dim ethyl ether (DME), nitrous oxide, and carbon dioxide amongst others. Furthermore, these manufacturers are continuously engaged with third-party distributors along with setting up joint ventures in high-growth end-markets. Through these operational integrations, manufacturers are trying to reach out to potential customers of aerosol propellants.

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Aerosol Propellants Market Report Highlights

  • The DME and methyl ethyl ether is expected to be the fastest-growing type segment with a CAGR of 8.2% over the forecast period, on account of high solvency, chemical stability, low toxicity, and water miscibility, making them useful in several products such as paints and hair sprays
  • The household application segment is anticipated to witness the fastest CAGR of 7.3% during the forecast period, owing to the increasing disposable income and rising significance of aromatherapy
  • Asia Pacific is projected to expand at the fastest CAGR of 7.8% during the forecast period, due to the increasing air freshener consumption in India and China owing to developing infrastructure and the automotive industry
  • Supply chain disruptions, including the lack of ability to source ingredients and raw materials from third parties, have enforced significant challenges and are influencing both financial and operational performance, especially in the U.S., India, and Brazil. Automotive, paints, and personal care markets are under pressure owing to store closure and declining social lives
  • Numerous companies have introduced propellants that emit low VOCs and comply with air quality standards for household, consumer, and industrial applications. Honeywell launched a new propellant named, ‘Solstice’, which is non-flammable, results in zero ozone depletion, and promises to be a low global warming potential (GWP) propellant, in the market

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

Aerosol Propellants Market Segmentation

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

Aerosol Propellants Product Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

  • Hydrocarbons
  • DME
  • Nitrous Oxide and Carbon Dioxide
  • Others

Aerosol Propellants Application Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

  • Personal Care
  • Households
  • Automotive and Industrial
  • Foods
  • Paints and Coatings
  • Medical
  • Others

Aerosol Propellants Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Aerosol Propellants Market

  • Royal Dutch Shell
  • Brothers Gas
  • The Chemours Company
  • Harp International Ltd
  • Nouryon
  • Mitsubishi Gas Chemical Company, Inc.
  • AVEFLOR, a.s
  • DuPont de Nemours, Inc
  • Honeywell International Inc.
  • Aeropres Corporation
  • BOC Limited
  • Emirates Gas
  • National Gas Company SAOG

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.

Thursday, 23 February 2023

Global Market For Door Handles to Witness Tremendous Growth and Expansion by 2030

 Door Handles Market Growth & Trends

The global door handles market size is expected to reach USD 10.55 billion by 2030, registering a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. With the increasing construction activities in the commercial, residential, and industrial sectors, product demand is growing drastically. With the emergence of home remodeling trends across the globe, product demand is expected to grow. According to the statistics published by the National Association of the Remodeling Industry (NARI), residential building improvement in the U.S. is estimated to have an annual value of over USD 205 billion by 2023 and the home remodeling trend is expected to continue in the coming years offering key manufacturers an opportunity to develop trendy door handles that enhance the appealing look for houses.

Key manufacturers operating in the global industry are taking key measures and are investing in research and development activities to introduce new products with a compact and sleek design. For instance, in June 2022, TESA ASSA ABLOY launched a new range of state-of-the-art and high-performance door handles to cater to the rising demand among architects. Such product launches and other business initiatives by key players are expected to broaden product outreach and contribute to growth. The lever handle segment captured the largest revenue share in 2021 on account of the rising popularity and demand among consumers. Lever door handles are mainly manufactured from metals and offer high durability and strength against usual wear and tear. Whereas, pull handles are anticipated to demonstrate strong growth in the coming years mainly owing to the improved design patterns and elegant look offered.

The residential segment dominated the global industry in 2021 and is expected to maintain its dominance over the forecast years. According to the data published by United Nations, Population Division, and World Population Prospects, the global population is expected to reach 9.8 billion by 2050 creating the need for residential areas like condos, houses, and apartments. This is expected to drive industry growth. Asia Pacific captured the largest revenue share in 2021 due to the increased disposable income, rise in the number of residential and commercial construction projects, and product developments & innovations by key manufacturers. According to the report published by Oxford Economics in September 2021, global construction output is estimated to reach USD 13.3 trillion by 2025 with emerging Asia offering powerful growth opportunities. This is further expected to boost the product demand across the region.

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Door Handles Market Report Highlights

  • The lever handle segment dominated the global industry andaccounted for the largest revenue share in 2021
  • Lever handles have emerged as one the of trending door handle types due to their ease of use and durability. Key players are taking various initiatives to cater to the rising demand for lever handles
  • Europe dominated the global industry in 2021 driven by a rise in the number of residential and commercial construction activities and the rising trend of home remodeling across the region
  • Key companies are adopting various growth strategies including product expansion and mergers & acquisitions to serve the increasing product demand
  • For instance, in January 2020, HOPPE Holding AG launched eHandles to offer improved security and connectivity

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

Door Handles Market Segmentation

Grand View Research has segmented the global door handles market on the basis of type, material, application, and region:

Door Handles Type Outlook (USD Million, 2017 - 2030)

  • Lever Handles
  • Door Knobs
  • Sliding Door Handles
  • Pull Handles

Door Handles Material Outlook (USD Million, 2017 - 2030)

  • Metal
  • Plastic
  • Fiber
  • Others

Door Handles Application Channel Outlook (USD Million, 2017 - 2030)

  • Residential
  • Commercial

Door Handles Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Door Handles Market

  • Assa Abloy AB
  • The Häfele Group
  • Allegion Plc
  • Aarkay Vox
  • Hoppe Holding AG
  • Emtek Products Inc.
  • Kuriki Manufacture Co.
  • Ace Hardware Corp.
  • West INX Ltd.
  • Sugatsune America, 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.

Global Tractor Implements Market Pegged For Strong Growth During 2022-2030: Grand View Research Inc.

 Tractor Implements Market Growth & Trends

The global tractor implements market size is expected to reach USD 43.50 billion by 2030, growing at a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. The surge in the adoption of advanced technology in the agricultural sector and a rise in the average farmer’s income are expected to be the primary factors driving the industry. Furthermore, favorable government policies for the agricultural sector and financial support to encourage product purchase are factors anticipated to drive the global industry. Farm owners’ approach toward high crop yield and the availability of technologically advanced tractor implements that aid in increasing farm productivity are also anticipated to boost growth prospects for the global industry over the forecast period.

Several companies are investing in upcoming technologies, including robotics that separate crops from weeds, software that connects to farm equipment, and drones, which have increased the adoption of tractor implements among farmers. There are several other factors contributing to the industry including favorable climatic conditions for farming and government loan waiver schemes for farmers from all backgrounds. The COVID-19 outbreak in 2019 hampered the growth of the market. Social restrictions imposed during the pandemic by various governments led to the temporary shutdown of manufacturing sites, resulting in production and supply delays. The shortage in the raw material supply hampered the manufacturing companies in the industry.

For instance, in 2020, market leaders, such as AGCO Industries and Deere & Company showed a declining revenue due to the delays in farm equipment purchases. Both companies had increased revenue post-pandemic. There are still several challenges that the industry faces due to the high maintenance costs. It is critical to inspect tractor implements at various intervals to ensure accurate operations. In addition to checking for damaged switches, sharpening, lubricating, and other repairs required, tractor implements should be regularly inspected. Therefore, tractor implements have relatively high maintenance costs, which is expected to hamper industry growth. The industry is highly fragmented and characterized by strong competition. Key companies focus on various technological advancements, such as flying drones and agriculture robots, and are following apparatus manufacturing standards to maintain their position in the industry.

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Tractor Implements Market Report Highlights

  • The harrow segment is estimated to grow at the second-fastest CAGR over the forecast period as these tools offer ease of doing chores and improve overall productivity
  • Furthermore, increasing adoption of the optimum seedbed by farmers to cultivate various upland crops is expected to boost the demand for harrows
  • In addition, several companies are introducing foldable harrows that are driving segment growth. For instance, in November 2021, Pottinger launched the Lion 1002 C power harrow designed for various tractors of up to 500 hp
  • North America was the third-largest region in 2021 due to the high sales of various tractor implements on account of increased farm consolidation, large production bases, and government support
  • Furthermore, the demand for sustainability by farmers in managing their operations leads to the adoption of efficient tractor implements
  • The shortage of farm labor in the region is also expected to drive the market. For instance, according to a report published by the Canadian agriculture human resource council, the labor shortage is estimated to rise to 123,000 workers by 2029

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Tractor Implements Market Segmentation

Grand View Research has segmented the global tractor implements market based on the product and region:

Tractor Implements Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Cultivator & Tiller
  • Plough
  • Planters
  • Harrows
  • Spreaders
  • Baler
  • Others

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

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

List of Key Players of Tractor Implements Market

  • Claas KGaA Mbh
  • Deere & Company
  • Kubota Corp.
  • CNH Industrial N.V.
  • Agco Corporation
  • Tractors and Farm Equipment Limited (TAFE)
  • SDF Group
  • Mahindra & Mahindra
  • J C Bamford Excavators Ltd. (JCB)
  • Actuant
  • Kuhn Group
  • Alamo Group

About Grand View Research

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

Medium Density Fiberboard Market to Partake Significant Development During 2020 to 2027: Grand View Research Inc.

 Medium Density Fiberboard Market Growth & Trends

The global medium density fiberboard market size is expected to reach USD 61.3 billion by 2027, expanding at a CAGR of 6.6%, according to a new report by Grand View Research Inc. Growing product utilization as a low-cost alternative to the plywood and wooden panels is likely to support the industry.

Medium density fiberboard (MDF) panels find use in numerous applications such as siding, flooring, window panels, and door panels in the construction industry. These panels have the potential to replace other construction materials including cement, glass, plywood, and plastic in the aforementioned applications. As a result, the growth of the construction industry is expected to have a positive impact on the demand for the panels over the forecast period.

Medium density fiberboard panels are recyclable and readily available in the market in various types and sizes, at competitive prices. Innovations in the traditional woodworking industry to produce furniture from more sustainable products coupled with the growing demand for ‘do-it-yourself’ modular furniture products are anticipated to have a positive impact on MDF market growth.

Medium density fiberboard products are progressively replacing plywood products in the furniture-making industry. Major manufacturers are working on developing customized fiberboard products to satisfy specific requirements stated by furniture manufacturers. Additionally, industry players have established long term supply contracts to offer better pricing and plan their production activities.

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Medium Density Fiberboard Market Report Highlights

  • The E0 segment is expected to ascend at the fastest volume-based CAGR of 6.3% over the forecast period on account of growing consumer awareness pertaining to the health hazards caused due to high levels of formaldehydeemission
  • In 2019, the revenue for furniture application in the Asia Pacific region stood at USD 14.2 billion and is projected to witness an significant growth over the estimated period owing to rising demand for the affordable modular furniture products in the region
  • In North America, the demand for E1 type MDF is anticipated to witness a volume-based CAGR of 3.9% pace owing to the adoption of stringent formaldehyde emission norms in U.S. and Canada
  • The standard MDF segment is likely to witness a revenue-based CAGR of 4.5% in Middle East and Africa owing to rising product utilization in the production of luxurious, aesthetically appealing, and high-end furniture units
  • Implementation of strict formaldehyde emission norms in Europe and North America are driving the prominent players in the market including Kronospan Limited and Nordbord Inc. to produce MDF with low formaldehyde emission properties.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-medium-density-fiberboard-market

Medium Density Fiberboard Market Segmentation

Grand View Research has segmented the global medium density fiberboard market on the basis of product, type, application, and region:

Medium Density Fiberboard Product Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2016 - 2027)

  • Standard MDF
  • Moisture Resistant MDF
  • Fire Resistant MDF

Medium Density Fiberboard Type Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2016 - 2027)

  • E0
  • E1
  • E2

Medium Density Fiberboard Application Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2016 - 2027)

  • Furniture
  • Construction
  • Interior Decoration

Medium Density Fiberboard Regional Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • Spain
    • Italy
    • France
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America (CSA)
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • UAE
    • Egypt

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 Gene Synthesis Market to Witness Soaring Growth During 2023 – 2030: Grand View Research Inc.

 Gene Synthesis Market Growth & Trends

The global gene synthesis market size is expected to reach USD 5.78 billion by 2030, registering a CAGR of 16.1% from 2023 to 2030 according to a new report by Grand View Research, Inc. Development of the market is due  to the growing investment in the synthetic biology field, favorable government regulations, and technological advancements in the gene synthesis market. In January 2022, synthetic DNA manufacturer Twist Bioscience announced plans of developing EDS technology at the J.P. Morgan Health Care Conference. The company established an enzymatic DNA synthesis technology that is novel, low-cost, scarless, and scalable.

The introduction of novel DNA synthesis platforms with technologically advanced specifications that address the increased demand of researchers is also contributing to the overall growth. For instance, in June 2021, DNA Script introduced the SYNTAX System, which is the nucleic acid printer based on EDS technology. Similarly, in December 2020, Evonetix Ltd. entered into a research collaboration with Analog Devices, Inc. Under the terms of the agreement, the companies collaborated on Evonetix's Microelectromechanical System-based silicon chips' improvement and commercial scale-up, as well as the development of a DNA desktop writer.

Researchers, as well as biotechnology and pharmaceutical corporations, have become increasingly interested in targeted therapy during recent years. It has become a popular method of disease management. In the near future, targeted therapy in conjunction with chemotherapy and immunotherapy is likely to develop significantly, presenting lucrative prospects for both emerging & established competitors in the gene synthesis market.

Key players are focusing on product development and are entering into partnerships and collaborations to expand their product offerings. For instance, In January 2022, Thermo Fisher Scientific, Inc. completed the acquisition of PeproTech, Inc.- a producer of antibodies and vectors. This acquisition may help the company strengthen its position in the market. Similarly, in July 2021, GenScript hosted the GenScript Gene & Cell Engineering Virtual Summit. This event focused on highlighting synthetic biology research to enhance protein design, drug discovery, and genome editing, enabling the company to increase its customer base.

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Gene Synthesis Market Report Highlights

  • The growth is attributed to the growing demand for the synthetic biology, coupled with increasing government support to offer funds for R&D initiatives in synthetic biology
  • By method, solid-phase synthesis dominated in 2022 as it offers high accuracy and is a prominent technology for the applications in several fields and for various research purposes
  • By services, antibody DNA synthesis dominated the gene synthesis market in 2022, owing to the presence of significant players such as Synbio offers services, Twist Bioscience Corporation, and others, offering services in this segment
  • By application, the gene & cell therapy development segment dominated the gene synthesis market in 2022. This is attributed to the growing number of R&D programs for the development of cell and gene therapies
  • By end-use, academic and government research institute dominated the gene synthesis market in 2022, as most of the gene synthesis process is performed in the research settings for clinical research and investigational programs
  • North America captured the highest share in 2022 owing to the well-established molecular biology infrastructure along with the presence of a significant number of market players in the region

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

Gene Synthesis Market Segmentation

Grand View Research has segmented the global gene synthesis market report based on the method, services, application, end-use, and region:

Gene Synthesis Method Outlook (Revenue, USD Million, 2018 - 2030)

  • Solid-phase Synthesis
  • Chip-based Synthesis
  • PCR-based Enzyme Synthesis

Gene Synthesis Services Outlook (Revenue, USD Million, 2018 - 2030)

  • Antibody DNA Synthesis
  • Viral DNA Synthesis
  • Others

Gene Synthesis Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Gene & Cell Therapy Development
  • Vaccine Development
  • Disease Diagnosis
  • Others

Gene Synthesis End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Biotechnology & Pharmaceutical Companies
  • Academic & Government Research Institutes
  • Contract Research Organizations

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

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

List of Key Players of Gene Synthesis Market

  • GenScript
  • Brooks Automation, Inc. (GENEWIZ)
  • Boster Biological Technology
  • Twist Bioscience
  • ProteoGenix, Inc
  • Biomatik
  • ProMab Biotechnologies, Inc.
  • Thermo Fisher Scientific, Inc.
  • Integrated DNA Technologies, Inc.
  • OriGene Technologies, 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.

Industrial Automation And Control Systems Market Poised to Garner Maximum Revenues During 2023– 2030: Grand View Research Inc.

 

Industrial Automation And Control Systems Market Growth & Trends

The global industrial automation and control systems market size is anticipated to reach USD 377.25 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to reach at a CAGR of 10.5% from 2023 to 2030. The growth is attributed to the growing adoption of process automation in several industries, such as energy utilities, chemicals, and automotive. For instance, in April 2022, Kawasaki Heavy Industries, Ltd. established "Future Lab HANEDA" at HANEDA INNOVATION CITY, a substantial, multi-purpose complex with offices and retail facilities for the development of robotics products and services based on open innovation along with real-life implementation and demonstrations for their potential. This, in turn, is expected to drive market growth further during the forecast period.

Moreover, the companies are considerably reducing operational and labor costs, as well as significantly reducing errors associated with humans due to the system’s reliability and efficiency, which is projected to fuel the industrial automation and control systems market growth over the forecast period. The use of multiple robots as per need is expected to push the market growth further. For instance, in April 2022, Siemens AG unveiled the PXC7 smart automation controller, which is useful for large industrial buildings and speeds up engineering processes.

Asia Pacific is anticipated to emerge as the fastest-growing market owing to the presence of emerging companies along with key market players. Some notable regional players are Kawasaki Robotics, Mitsubishi Electric Factory Automation, and Yokogawa Electric Corporation. Furthermore, emerging economies such as Thailand, Vietnam, and Indonesia have huge potential with a largely untapped market that drives substantial investments to develop manufacturing plants. This, in turn, is expected to fuel the market growth across the region.

Request a free sample copy or view report summary: Industrial Automation And Control Systems Market Report

Industrial Automation And Control Systems Market Report Highlights

  • Based on component type segment, the industrial robots’ component segment is expected to grow at the highest CAGR of over 12% owing to rising trend of smart and automated factories during the advent of industry 4.0 boom
  • Based on control system segment, the distributed control system (DCS) control system segment accounted the highest market share of over 34% owing to fast pace of adoption of IIoT by industrialists
  • Based on vertical segment, the healthcare segment is expected to grow at the highest CAGR of over 11% owing to the growing trend of automation in surgeries and other health applications
  • Asia Pacific is expected to grow at the highest CAGR of over 13% during the forecast period from 2023 to 2030 as a result of developing countries in the region investing significantly in automation and smart manufacturing

Access Press Release@ https://www.grandviewresearch.com/press-release/global-industrial-automation-control-systems-market

Industrial Automation And Control Systems Market Segmentation

Grand View Research has segmented the global industrial automation and control systems market on the basis of component type, control system, vertical, and region.

Industrial Automation And Control Systems Component Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • HMI
  • Industrial Robots
  • Control Valves
  • Sensors
  • Others

Industrial Automation And Control Systems Control System Outlook (Revenue, USD Billion, 2018 - 2030)

  • DCS
  • PLC
  • SCADA
  • Others

Industrial Automation And Control Systems Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

  • Aerospace & Defence
  • Automotive
  • Chemical
  • Energy & Utilities
  • Food & Beverage
  • Healthcare
  • Manufacturing
  • Mining & Metal
  • Oil & Gas
  • Transportation
  • Others

Industrial Automation And Control Systems Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Industrial Automation And Control Systems Market

  • ABB Ltd.
  • Emerson Electric Co.
  • Honeywell International, Inc.
  • Kawasaki Heavy Industries, Ltd.
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens AG
  • Yokogawa Electric 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.

Dental Implants Market Forecast 2030 Top Companies, Trends and Growth Factors Details for Business Development

 Dental Implants Market Growth & Trends

The global dental implant market size is expected to reach USD 9.62 billion by 2030, registering a CAGR of 9.8% according to a new report by Grand View Research, Inc. Rising demand for tooth replacement has provided good growth potential to the market. The increasing number of dental injuries owing to road accidents and sports injuries are some of the major factors boosting the market growth.

With growing aesthetic awareness, people are exploring more treatment options, which is leading to the growth of the market. For instance, as per the American Academy of Cosmetic Dentistry data, more than 95.0% of individuals across the globe believe that their smile is a vital social asset and nearly 84.0% revealed to be under increased pressure to perfect their smile, thus increasing the product demand. Dental implants are considered the only restorative technique that preserves and stimulates natural bone. Owing to the growing number of edentulous people, the demand for prosthetics is increasing, which is expected to be one of the major impact-rendering drivers for the market.

Several industries have halted their services due to the COVID-19 pandemic. However, the dental care industry is greatly impacted by the significant decrease in elective procedures, many of which are being postponed or canceled so that hospitals can focus their resources on treating patients with COVID-19. Major Countries like the U.S and India procure raw materials and electronic components from China, which has disrupted the supply chain of many dental equipments and product manufacturers. However, with the decrease in the number of COVID-19 cases, hospitals are likely to begin scheduling elective procedures, depending on their capacity of admission and patients comfort level.

Request a free sample copy or view report summary: Dental Implant Market Report

Dental Implants Market Report Highlights

  • The titanium implant type segment held the largest market share in 2020 due to its wide applications, durability, and cost-effectiveness
  • Zirconia implants are anticipated to witness a lucrative growth rate over the forecast period due to better flexural strength, improved aesthetic appearance, and less corrosiveness as compared to titanium
  • North America dominated the market in 2020 owing to high awareness about restorative treatments and the presence of established market players

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

Dental Implants Market Segmentation

Grand View Research has segmented the dental implants market on the basis of implant type and region:

Dental Implants Implant Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Titanium Implants
  • Zirconia Implants

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

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Austria
    • The Netherlands
    • Poland
    • Romania
    • Czech Republic
    • Greece
    • Sweden
    • Portugal
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of Dental Implants Market

  • BioHorizons IPH, Inc.
  • Nobel Biocare Services AG
  • Zimmer Biomet Holdings, Inc.
  • OSSTEM IMPLANT
  • Institut Straumann AG
  • Bicon, LLC
  • Leader Italy
  • Anthogyr SAS
  • DENTIS
  • DENTSPLY Sirona
  • DENTIUM Co., Ltd.
  • T-Plus Implant Tech. Co.
  • KYOCERA Medical 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.

Wednesday, 22 February 2023

Automated Guided Vehicles Market is Anticipated To Incur The Fastest Growth with a CAGR of 10.2% by 2030: Grand View Research Inc.

 

Automated Guided Vehicle Market Growth & Trends

The global automated guided vehicle market size is expected to reach USD 9.38 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to reach a CAGR of 10.2% from 2022 to 2030. Automated guided vehicles (AGVs) have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, these vehicles ensure a predictable and reliable transfer of raw materials as well as manufactured products from one point to another point within the facility, thereby eliminating any potential disruption in production. These vehicles can operate safely around structures, machinery, and employees, as they are equipped with accessories, such as camera vision and LiDAR sensors, among others, which help in detecting junctions, identifying floor signs, and avoiding collisions with any obstacle.

For instance, in November 2021, Quanergy Systems, Inc., a U.S.-based company that offers an AI-powered LiDAR platform, launched the new M1 Edge 2D LiDAR sensors for automation. The newly launched LiDAR sensor is light in weight, broad 360°, with a sensing capability of up to 200 meters used in mobile robotics, AGVs, warehouse logistics applications, and port automation.

Several manufacturing plants and warehouses are deploying material handling equipment for various activities, such as locating stock, picking orders, and moving products and raw materials. Transportation and logistics firms are mainly focusing on the deployment of such equipment to boost the efficiency of their operations in line with the growing demand for their services. For instance, in February 2021, Scott (Transbotics Corporation), a prominent solution provider for AGVs, partnered with KUKA AG, a German manufacturer of robots, to coordinate the industrial robots of KUKA AG into material handling systems. Further, these robots would also benefit the warehouse team to assemble, pack, weld, store, and ship. Also, material handling solutions are used to increase the efficiency of transportation, decrease physical damage to the material, and reduce overheads by limiting the number of employees. 

The AGV market is witnessing a progressive switch from lead-acid batteries to lithium-ion batteries. Lithium-ion batteries offer several advantages over lead-acid batteries. They tend to be lighter and compact. They can charge faster, provide longer runtimes, and support more charge cycles. Hence, they are ideal for AGVs, as they need not be charged frequently during operating shifts or in 24x7 operating environments, and AGVs running on lithium-ion batteries can offer higher round-trip efficiencies.  For instance, in March 2021, Nissan Motor Co., Ltd, a global manufacturer of automobiles, buses, and trucks, stated that they use lithium-ion batteries to power their automated guided vehicles, which no longer need a worker to remove the battery and plug them in it charges faster. These batteries let AGVs last longer and bring significant innovations to their warehouse.

Request a free sample copy or view report summary: Automated Guided Vehicle Market Report

Automated Guided Vehicle Market Report Highlights

  • The adoption of material handling equipment and automation solutions is growing significantly across several industries
  • The growing adoption of AGVs by the automotive industry as well as the automotive supply industry to move intermediate products within the facility is expected to drive the growth of the AGV market
  • The manufacturing industry is increasingly adopting AGVs to save on labor costs. While AGV can operate on a 24x7 basis, the costs associated with the procurement and maintenance of AGV tend to be lesser than the costs incurred on salaries and employee benefits
  • The logistics and warehousing segment happen to be the largest application of AGVs. The segment generated the highest revenue in 2021 and is expected to retain its dominance during the forecast period
  • The European regional market dominated the global AGVs market in 2021. However, the Asia Pacific regional market is projected to expand at the highest CAGR from 2022 to 2030

Access Press Release@ https://www.grandviewresearch.com/press-release/global-automated-guided-vehicle-agv-market

Automated Guided Vehicle Market Segmentation

Grand View Research has segmented the global automated guided vehicle  market based on vehicle type, navigation technology, application, end use industry, component, battery type, and region:  

Automated Guided Vehicle Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Tow Vehicle
  • Unit Load Carrier
  • Pallet Truck
  • Forklift Truck
  • Hybrid Vehicles
  • Others

Automated Guided Vehicle Navigation Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Laser Guidance
  • Magnetic Guidance
  • Vision Guidance
  • Inductive Guidance
  • Natural Navigation
  • Others

Automated Guided Vehicle Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Logistics and Warehousing
    • Transportation
    • Cold Storage
    • Wholesale & Distribution
    • Cross-docking
  • Assembly
  • Packaging
  • Trailer Loading and Unloading
  • Raw Material Handling
  • Others

Automated Guided Vehicle End-Use Industry Outlook (Revenue, USD Million, 2017 - 2030)

  • Manufacturing Sector
    • Automotive
    • Aerospace
    • Electronics
    • Chemical
    • Pharmaceuticals
    • Plastics
    • Defense
    • FMCG
    • Tissue
    • Others
  • Wholesale and Distribution Sector
    • E-commerce
    • Retail Chains/Conveyance Stores
    • Grocery Stores
    • Hotels and Restaurants

Automated Guided Vehicle Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware
  • Software
  • Service

Automated Guided Vehicle Battery Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Lead Battery 
  • Lithium-Ion Battery
  • Nickel-based Battery 
  • Others

Automated Guided Vehicle Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Automated Guided Vehicle Market

  • Swisslog Holding AG
  • Egemin Automation Inc.
  • Bastian Solutions, Inc.
  • Daifuku Co., Ltd.
  • Dematic
  • JBT
  • Seegrid Corporation
  • TOYOTA INDUSTRIES CORPORATION
  • Hyster-Yale Materials Handling, Inc.
  • BALYO
  • E&K Automation GmbH
  • Kollmorgen
  • KMH Fleet Solutions
  • ELETTRIC80 S.P.A.
  • Fetch Robotics, Inc.
  • inVia Robotics, Inc.
  • Locus Robotics
  • Schaefer Systems International, Inc.
  • System Logistics Spa
  • Transbotics (A division of Scott Systems International Incorporated)

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.

Online Gambling Market Set to Witness an Uptick during 2023 to 2030

 

Online Gambling Market Growth & Trends

The global online gambling market size is predicted to touch USD 153.57 billion by 2030, recording a CAGR of 11.7% from 2023 to 2030, based on a report by Grand View Research, Inc. The emergence of freemium modes of online gaming, following the trend of betting applications and websites, is expected to drive market growth. The freemium model generates revenue via users and integrated advertisements.

The increased smartphone and internet penetration and easy access to casino gaming platforms are positively influencing the market. For instance, according to GSMA, the Asia Pacific region will witness 333 million new mobile internet subscribers by 2025. Moreover, the availability of cost-effective betting applications is expected to favor market growth over the forecast period. According to data published by the New York state government, over 650,000 unique accounts were created on mobile betting apps in 2021.

Online gambling developers have partnered with online casino software suppliers to cater to the demand for immersive casino games. For instance, in April 2022, Real Luck Group Ltd. partnered with Microgaming to create more than 100 casino games with branded titles. Moreover, legacy online gambling platforms are entering new markets through partnerships. For instance, in January 2023, PokerMatch entered the Indian market through a partnership with Playtech plc due to the growing number of online players in the region.

The outbreak of the COVID-19 pandemic played a key role in expediting the online gambling demand as people spent most of their time indoors and opted for online games for their leisure. For instance, in May 2021, a study by the University of Bristol showed regular online gamblers were more than six times more likely to gamble online as compared to pre-pandemic levels. Besides, the adoption of various options for digital payments with safe payment gateways is also stimulating the adoption of online gambling applications. The market growth will be further accelerated by the increased adoption of digital currency and websites provided by betting and gambling companies.

Request a free sample copy or view report summary: Online Gambling Market Report

Online Gambling Market Report Highlights 

  • The sports betting type segment is expected to expand at the highest CAGR over the forecast period from 2023 to 2030 as a result of the increasing popularity of professional sports leagues and competitions
  • The mobile device segment is expected to record the highest CAGR over the forecast period from 2023 to 2030 due to the emergence of immersive betting applications and the convenience of gambling via mobile devices
  • The increased advertisement of online gambling websites through online agencies, third-party ad servers, and networks and exchanges is expected to drive market expansion over the subsequent years
  • Europe dominated the online gambling market in 2022 by accounting for a revenue share of around 41.0%, owing to the legalization of online gambling, and the presence of stringent regulations and safe practices in the region
  • Asia Pacific is anticipated to register a CAGR of over 12.0% through 2030 in the market, owing to the increased smartphone usage, a larger population of youngsters, and the legalization of online gambling in the region
  • The major companies operating in the online gambling market include Paddy Power Betfair PLC and William Hill PLC

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

Online Gambling Market Segmentation

Grand View Research has segmented the global online gambling market based on type, device, and region:

Online Gambling Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Sports Betting
  • Casinos
  • Poker
  • Bingo
  • Others

Online Gambling Device Outlook (Revenue, USD Billion, 2018 - 2030)

  • Desktop
  • Mobile
  • Others

Online Gambling Regional Scope (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Online Gambling Market

  • William Hill
  • bet365
  • Paddy Power Betfair PLC
  • Betsson AB
  • Ladbrokes Coral Group PLC
  • The Stars Group Inc.
  • 888 Holdings PLC
  • Sky Betting and Gaming
  • Kindred Group PLC
  • GVC Holdings PLC

About Grand View Research

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

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...