Construction Toys Market Expected To Trigger A Revenue To USD 21.27 Billion By 2030: Grand View Research, Inc.

 Construction Toys Market Growth & Trends

The global construction toys market size is expected to reach USD 21.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.5% from 2022 to 2030. An increasing focus of the parents on overall childhood development is notable accelerating the market growth. Building blocks provide rich opportunities to learn and practice spatial skills, and block building with parents can further scaffold children’s spatial skill development. This is propelling the demand for such toys across the globe. According to Mega Bloks, young children develop better language skills when they engage in regular block play.

The growing dual-income households and improving purchasing sentiments are the major factors that are accelerating the growth of the industry. In addition, economic growth in the regions like Asia Pacific, Middle East & Africa, and Central & South America will create lucrative opportunities for the key players operating in the market. Moreover, the increasing number of children across the globe is likely to accelerate the market growth over the forecast period.

Schools and parents are increasingly shifting toward green toys owing to health and safety concerns associated with the use of raw materials such as plastic in construction toys. To leverage this opportunity, key players operating in the construction toys industry are offering toys made from green materials. Furthermore, manufacturers are focusing on sustainable alternatives and are offering eco-friendly toys made from bamboo husk or recycled plastic.

In terms of value, the bricks and blocks segment dominated the market and is expected to account for the largest market share over the forecast period. the rising awareness among parents about the associated benefits of toys in developing cognitive ability is expected to propel the industry over the forecast period. In addition to this, the first three years are critical for the development of a child, companies are progressively positioning their products as vital to augmenting intellectual growth, which, in turn, is projected to boost the growth of the segment.

North America held the largest revenue share in 2021, owing to the rising evolution in the methods of teaching which has increased the use of constructed toys in education. Manufacturers of construction toys have been utilizing this opportunity and offering products to specifically meet such requirements. For instance, Constructive Playthings, a brand of U.S. Toy Co., Inc., offers a range of products that are useful in classrooms. Along with a variety of block construction toys, the brand also offers molding clays.

Companies are focusing on strategies such as expansions, mergers, and acquisitions to gain market share and increase their service footprint. In June 2022, The LEGO Group announced plans to invest more than USD 1 billion to build a new factory in Chesterfield County, Virginia. Once completed, the 1.7 million square foot, this facility will employ more than 1,760 people. This investment enabled the company to increase and broaden its production capabilities and bolster its toy chain offerings.

Request a free sample copy or view report summary: Construction Toys Market Report

Construction Toys Market Report Highlights

• The bricks & blocks segment is expected to reach USD 11.98 billion by 2030. The rising consumer preference for toys that keeps kids engaged for long durations, favors the growth of the segment
• The online distribution segment is expected to witness a substantial CAGR of 7.3% from 2022 to 2030. Increasing internet penetration among the middle-class population, coupled with the rising use of smartphones and similar devices, is the key factor driving the popularity of online channels
• Asia Pacific was valued a USD 3.05 billion in 2021 and is expected to register a CAGR of more than 7.0% over the forecast period. The growth of the regional market is majorly attributed to the increasing awareness among parents about the role of construction toys in education and holistic growth

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

Construction Toys Market Segmentation

Grand View Research has segmented the global construction toys market based on product, material, distribution channel, and region:

Construction Toys Product Outlook (Revenue, USD Million; 2017 - 2030)

• Bricks & Blocks
• Tinker Toy
• Others

Construction Toys Material Outlook (Revenue, USD Million, 2017 - 2030)

• Wood
• Polymer
• Metal
• Others

Construction Toys Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Hypermarkets & Supermarkets
• Specialty Stores
• Online
• Others

Construction Toys Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Construction Toys Market

• Hasbro
• K’NEX (Basic Fun, Inc.)
• Tegu
• Mattel
• BANDAI NAMCO Group
• Spin Master Ltd.
• The LEGO Group.
• PlayMonster LLC.
• KnuckleStrutz
• Magformers
• Schylling Inc.- Nanoblock
• Polydron (UK) Limited
• Ravensburger AG.

About Grand View Research

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

Cell Culture Protein Surface Coatings Market to Reach USD 2575.0 Million by 2030: Grand View Research Inc.

 Cell Culture Protein Surface Coatings Market Growth & Trends

The global cell culture protein surface coatings market size is expected to reach USD 2575.0 million by 2030, registering a CAGR of 15.29% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing focus on stem cell research and development is the most crucial factor that drives the industry growth. Stem cell therapy is the most promising method to treat severe medical conditions, such as CVDs, brain disease, cell deficiency therapy, and blood disease. Thus, biotechnology companies and research laboratories are adopting innovative protein surface coating products for the development of stem cells. The rising demand for biopharmaceutical products including antibodies, vaccines, proteins, and drugs is another major factor driving the growth of the industry.

The production of biopharmaceutical products, such as monoclonal antibodies and recombinant proteins, is carried out by using the cell culture technique. The protein surface coating provides improved adhesion and proliferation of cells in vitro. Thus, the demand for cell culture protein surface coating is growing at a high rate, which is estimated to drive the growth of this sector. In addition, the increasing adoption of 3D cell culture is a major factor contributing to the industry's growth. 3D cell culture is a process in which biological cells are grown in a controlled condition, wherein cells could interact with their surrounding across all three dimensions. The protein-coated cell culture instruments provide a 3D microenvironment to achieve optimal cell adhesion and proliferation.

For example, Millicoat Extracellular Matrix (ECM)-Coated Plasticware delivers enhanced cell adhesion, proliferation, and differentiation of cells. However, several government regulations and societal norms may restrict the use of animal-sourced protein coating, which may hamper the industry's growth. Industrial and academic cell cultures are heavily investing in the use of complex animal-derived materials, such as extracellular matrices, sera, and growth supplements, to culture a wide range of cells, that includes transfected and established cell lines along with stem cells. However, companies are shifting toward animal-free products. For instance, Corning Inc. offers Next-generation Corning PureCoat ECM Mimetic Cultureware that promotes animal-free media formulations.

The COVID-19 pandemic presented new challenges for the vaccine industry; it has also brought in novel advancements in vaccine development involving DNA/RNA-based vaccines. The pandemic has also increased the necessity for well-established vaccine manufacturing technologies. Moreover, the COVID-19 pandemic has given rise to scientific advances, especially in the testing and production of vaccine technology. Since December 2020, 10 billion doses of COVID-19 vaccines have been administered globally and while worldwide vaccine equity remains a task to be overcome, some nations have begun to experience a vaccine surplus. Research institutes in various countries, government organizations, and many pharmaceutical and biotech firms are focusing on rapid and effective technologies for developing vaccines/novel therapeutics and diagnosis of COVID-19 to overcome the situation.

Such advancements significantly improved the demand for protein surface protein products in 2020 and 2021. Despite significant progress in the advancement of culture techniques, the potential biohazard of working with human and animal tissues exhibits a number of ethical issues, such as handling, procurement, and the proper use of material. In several countries, biomedical research is regulated strictly. Legislation differs mostly in different countries, animal and research ethics committees and institutional research boards for human subjects have played a key role in research governance. These factors may hamper the industry's growth to a certain extent.

Request a free sample copy or view the report summary: Cell Culture Protein Surface Coating Market Report

Cell Culture Protein Surface Coatings Market Report Highlights

• Self-coating was the largest segment in 2022. It is expected to uphold its dominance during the forecast period owing to a wide scope of application in 2D and 3D cell cultures
• The pre-coating product segment is estimated to register the fastest CAGR from 2023 to 2030 due to the growing popularity of multiwell/microwell plates for in vitro applications
• The synthetic protein segment is anticipated to record the fastest CAGR during the forecast period due to its advantages, such as the reduced risk of contamination and simplified composition, over other protein types
• North America led the global industry in 2022 and is expected to maintain its position during the forecast period due to the presence of big biopharmaceutical companies and highly developed healthcare infrastructure
• Asia Pacific is anticipated to be the fastest-growing region over the forecast period due to the rapidly growing biotechnology industry and comparatively less stringent regulations for biologics development in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cell-culture-protein-surface-coating-market

Cell Culture Protein Surface Coatings Market Segmentation

Grand View Research has segmented the global cell culture protein surface coating market based on coating type, protein source, and region:

Cell Culture Protein Surface Coatings Type Outlook (Revenue, USD Million, 2018 - 2030)

• Self-coating
• Pre-coating
  • Multiwall/microwell plates
  • Petri dishes
  • Flasks
  • Slides
  • Cover slips

Cell Culture Protein Surface Coatings Protein Source Outlook (Revenue, USD Million, 2018 - 2030)

• Animal-derived
• Human-derived
• Synthetic
• Plant-derived

Cell Culture Protein Surface Coatings Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Cell Culture Protein Surface Coatings Market

• Thermo Fisher Scientific, Inc.
• Corning Incorporated
• Merck KGaA
• Eppendorf SE
• Sartorius AG
• Greiner Bio-One International GmbH
• PerkinElmer, Inc.
• ZenBio, Inc.
• Kollodis BioSciences, Inc.
• Viogene

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.

Augmented Reality & Virtual Reality In Manufacturing Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 Augmented Reality & Virtual Reality In Manufacturing Market Growth & Trends

The global augmented reality & virtual reality in manufacturing market size is anticipated to reach USD 62.71 billion by 2030, expanding at a CAGR of 29.3% from 2022 to 2030, according to the latest report by Grand View Research, Inc. The market is expected to witness substantial growth over the next eight years as more manufacturing industries have incorporated Augmented Reality (AR) and virtual reality (VR) in their production processes. AR and VR technologies in manufacturing are used for training the workforce, safety testing, error detection, and quality assurance, among others. The advancements in 3D technology and the combination of Artificial Intelligence (AI) with VR offer growth prospects to the market, especially in the automation and manufacturing businesses. Therefore, all these factors positively impact the growth of the market.

The applications in manufacturing, such as product design and development, training in the industrial environment, and remotely conducting repair and maintenance tasks, demand the use of AR and VR technologies due to their convenience, low operational costs, and better proficiency. Organizations are adopting cutting-edge gadgets with the latest technologies, such as sensors for gesture input, eye tracking, motion tracking, spatial sound, and voice support. Therefore, adopting the latest devices and software compatible with AR and VR offers manufacturers various applications. Hence, the wide usage of AR and VR in manufacturing is expected to create market demand.

The growing popularity of augmented and virtual reality technologies for industrial end-use is expected to foster market growth during the forecast period. In recent years, there has been a significant increase in the demand for and popularity of augmented reality and virtual reality headsets due to technological advancements to capture images and sounds profound. The incorporation of VR headsets in industries for vivid applications creates market growth opportunities. For instance, the National Aeronautics and Space Administration (NASA) deployed VR expertise to provide a Virtual Space Station (VSS), collaborative computer-delivered treatment programs, and collaborative behavioral health training.

Request a free sample copy or view report summary: Augmented Reality & Virtual Reality In Manufacturing Market Report

Augmented Reality & Virtual Reality In Manufacturing Market Report Highlights

• The hardware component segment accounted for the largest revenue share of over 55.0% in 2021 owing to the adoption of AR and VR devices in manufacturing
• The augmented reality technology segment held the largest revenue share of over 70.0% in 2021 due to its wide range of applications in manufacturing processes
• By device, the handheld devices segment is expected to expand at the highest CAGR from 2022 to 2030 owing to the portability offered by handheld devices
• The product design and development application segment accounted for the largest revenue share of over 50.0% in 2021 owing to the high penetration of AR and VR in product design and development
• Asia Pacific is expected to register the fastest growth rate over the forecast period due to the fast adoption of AR and VR technologies among a large number of manufacturers in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-augmented-reality-virtual-reality-manufacturing-market

Augmented Reality & Virtual Reality In Manufacturing Market Segmentation

Grand View Research has segmented the global augmented reality and virtual reality in manufacturing market based on component, technology, device, application, and region:

AR & VR In Manufacturing Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
• Software
• Services

AR & VR In Manufacturing Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Augmented Reality
• Virtual Reality

AR & VR In Manufacturing Device Outlook (Revenue, USD Million, 2018 - 2030)

• Head-mounted Display
• Head-up Display
• Handheld Devices

AR & VR In Manufacturing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Product Design & Development
• Safety & Training
• Maintenance & Repair

AR & VR In Manufacturing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Augmented Reality (AR) & Virtual Reality (VR) In Manufacturing Market

• Microsoft Corporation
• Google LLC
• Samsung Group
• Vuzix Corporation
• SkillReal
• Ediiie
• EON Realty, Inc.
• Kaon Interactive Inc.
• Worldviz, Inc.
• SoluLab
• ESI 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.

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.

Request a free sample copy or view report summary: Quality Management Software Market Report

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.

Request a free sample copy or view the report summary: Aerosol Propellants Market Report

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.

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.

Request a free sample copy or view report summary: Door Handles Market Report

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.

Request a free sample copy or view report summary: Tractor Implements Market Report

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

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

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.

Request a free sample copy or view report summary: Medium Density Fiberboard Market Report

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.

Request a free sample copy or view report summary: Gene Synthesis Market Report

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.