Tuesday, 7 March 2023

U.S. Carbon Dioxide Market Significant Profits Estimated to be Generated by 2030: Grand View Research Inc.

 U.S. Carbon Dioxide Market Growth & Trends

The U.S. carbon dioxide market size is expected to reach USD 6.59 billion by 2030, registering a CAGR of 8.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing usage of carbon dioxide for Enhanced Oil Recovery (EOR) in oil & gas plants is anticipated to result in the growth of the market. In terms of revenue, the hydrogen segment accounted for a significant share in 2021. The growth of this segment can be attributed to the presence of leading hydrogen-producing companies in the country that have CO2 manufactured as a byproduct during hydrogen production.

Substitute Natural Gas (SNG) is expected to be one of the major sources of the production of CO2 in the U.S. This is due to a rise in the discovery of natural gas reserves in the U.S. with the deployment of shale technology. The oil & gas application segment accounted for a significant share in 2021 owing to the application of carbon dioxide-based EOR in oil fields of the U.S. for efficient and effective oil production. Moreover, the usage of CO2 in the food & beverages and medical industries is anticipated to increase in the U.S. over the forecast period.

The growth of this segment can be attributed to the presence of a large base of food and beverage manufacturing facilities in the country, which is projected to expand further over the forecast period. The spread of COVID-19 hindered the growth of the market in 2020 and 2021 owing to the factors, such as the reduction in demand for CO2 in the country owing to lockdowns. However, an increase in demand for CO2 from the manufacturers of pharmaceuticals and essential commodities, such as fire safety products, has been witnessed in the U.S., as well as across the world.

Request a free sample copy or view the report summary: U.S. Carbon Dioxide Market Report

U.S. Carbon Dioxide Market Report Highlights

  • In terms of revenue, the food & beverages application segment dominated the global market in 2021
  • The hydrogen source segment accounted for the second-largest share of the global market revenue in 2021
  • The growth of this segment can be attributed to the presence of leading hydrogen-producing companies in the country that have CO2 manufactured as a byproduct
  • In terms of revenue, the SNG segment accounted for the maximum revenue share in 2021. SNG is derived from the gasification of coal and emits byproducts, such as CO2, hydrogen, carbon monoxide, and methane
  • The rubber industry uses CO2 to clean the rubber molds and to remove flash from rubber objects by tumbling them with crushed dry ice in a rotating drum

Access Press Release@ https://www.grandviewresearch.com/press-release/us-carbon-dioxide-market-analysis

U.S. Carbon Dioxide Market Segmentation

Grand View Research has segmented the U.S. carbon dioxide market based on source, application:

U.S. CO2 Source Outlook (Volume, Million Tons; Revenue, USD Million, 2019 - 2030)

  • Hydrogen
  • Ethyl Alcohol
  • Ethylene Oxide
  • Substituted Natural Gas
  • Others

U.S. CO2 Application Outlook (Volume, Million Tons; Revenue, USD Million, 2019 - 2030)

  • Food & Beverages
  • Oil & Gas
  • Medical
  • Rubber
  • Fire Fighting
  • Others

List of Key Players in U.S. Carbon Dioxide Market

  • Linde plc
  • Air Products Inc.
  • Air Liquide
  • Matheson Tri-Gas, Inc.
  • Messer
  • Continental Carbonic Products, Inc.
  • Greco Gas Inc.
  • Taiyo Nippon Sanso Corporation
  • Universal Industrial Gases, Inc.
  • Zephyr Solutions, LLC.

About Grand View Research

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

Autonomous Data Platform Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 Autonomous Data Platform Market Growth & Trends

The global autonomous data platform market size is expected to reach USD 6.73 billion by 2030 and grow at a CAGR of 23.0% from 2022 to 2030, according to the recent reports of Grand View Research, Inc. A broad array of developing open-source big data tools, the accessibility of ever-larger quantities of data, and a shift in culture inside companies toward content decision-making, make it feasible to adopt autonomous data platforms. As a result of the cloud platform's improved collaboration, accessibility, and cost-effectiveness it is anticipated to increase the demand for cloud-based autonomous data platforms. The extensive use of autonomous data platforms in real-time analytics, to offer convenient services to customers, in the BFSI and retail sectors is anticipated to drive market growth.

The global rise in automation and digitization has made businesses switch towards using technology-driven solutions to meet the rapid pace of business growth. Emerging businesses that adopt cloud-based services, mainly in developing economies such as the Asia Pacific, are expected to fuel the growth of the autonomous data platform industry over the forecast period. Further, features such as fraud detection, improved security, and increased collaboration opportunities, provided by the cloud-based solutions are expected to increase business productivity and overall growth of an organization.

To address critical business issues and ensure efficient database usage, an autonomous data tool examines a particular customer's big data infrastructure. Businesses can grow and improve their data management skills due to this platform. They were primarily built to manage and improve big data infrastructure. The platform also offers deployment, safety, error handling, end-to-end automation for updates, efficiency, and availability. Due to the automation of all infrastructure administration, monitoring, and tuning functions, it is also known as a self-driving database. Thus, the benefits offered by autonomous data platforms are propelling the growth of this market.

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Autonomous Data Platform Market Report Highlights

  • The platform segment accounts for the largest revenue share of over 68.9% in 2021. The segment growth can be attributed to the technological advancements in cloud and mobile technologies along with the surge in demand for analytics to improve data storing ability
  • The on-premise segment is expected to register a CAGR of 19.8% during the forecast period. Where user passwords and the privacy of corporate activities are highly important, one- premise model is widely used by those businesses, supporting the segment growth
  • The small & medium enterprise segment is anticipated to grow at a CAGR of 24.9% during the forecast period, owing to the early adoption of digital technology such as AI and ML by these organizations to accelerate the growth of their products and services
  • The BFSI segment is presumed to grow at a CAGR of 20.9% over the forecast period. The rise in demand for big data analytics owing to the increased demand for timely fraud prevention in the BFSI sector and expanding volume of data generated by the equity market due to trade and operations is anticipated to elevate the demand for autonomous data platforms in the BFSI segment
  • The Asia Pacific regional market is expected to reach USD 1.72 billion by 2030. The region's strong economy enables these countries to make significant investments in cutting-edge AI technologies
  • The key industry participants include Oracle; Teradata; IBM; Amazon Web Services, Inc.; Hewlett Packard Enterprise Development LP; Qubole, Inc.; Cloudera, Inc.; Gemini Data; Denodo Technologies; and Alteryx, Inc.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-autonomous-data-platform-market

Autonomous Data Platform Market Segmentation

Grand View Research has segmented the global autonomous data platform market based on component, services, deployment, enterprise size, end-use, and region:

Autonomous Data Platform Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Platform
  • Services

Autonomous Data Platform Services Outlook (Revenue, USD Million, 2017 - 2030)

  • Advisory
  • Integration
  • Support & Maintenance

Autonomous Data Platform Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • Cloud
  • On-premise

Autonomous Data Platform Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprise
  • Small and Medium Enterprise (SME)

Autonomous Data Platform End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI
  • Healthcare
  • Retail
  • Manufacturing
  • IT & Telecom
  • Government
  • Others (Travel & Hospitality, Transportation &Logistics, And Energy & Utilities)

Autonomous Data Platform Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List Of Key Players in the Autonomous Data Platform Market

  • Oracle
  • Teradata
  • IBM
  • Amazon Web Services, Inc.
  • Hewlett Packard Enterprise Development LP
  • Qubole, Inc.
  • Cloudera, Inc.
  • Gemini Data
  • Denodo Technologies
  • Alteryx, 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.

Monday, 6 March 2023

Cryptocurrency Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Cryptocurrency Market Growth & Trends

The global cryptocurrency market size is expected to reach USD 11.71 billion by 2030, registering a CAGR of 12.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The market growth is anticipated to be fueled by the increasing demand for better data security, operational transparency, and the incorporation of blockchain technology in digital payment systems. Additionally, the legalization of the purchase, sale, and trading of digital currencies in several developed countries, such as the U.S., is fostering industry expansion.

The cryptocurrency industry is anticipated to grow owing to the rising global popularity of digital currencies such as bitcoin, Ethereum, and Litecoin. This growing popularity can be credited to the capacity of cryptocurrencies to provide quick, transparent, safe, and effective payment to users. As stated by Crypto.com, there were 295 million crypto owners in December 2021 as compared to 228 million in July 2021.

The market for cryptocurrencies is anticipated to be positively impacted by the recent advancements in artificial intelligence. Numerous businesses have been motivated to concentrate on their development as a result of the increased popularity of AI-based cryptocurrency platforms. For instance, in August 2021, Los Alamos National Laboratory researchers reported that they had created an artificial intelligence algorithm to recognize unauthorized cryptocurrency miners who utilize research computers for cryptocurrency mining.

The COVID-19 pandemic adversely impacted market growth in 2020, while 2021 saw a steady uptick. The sales of cryptocurrency mining hardware were slowed down by the global supply chain slowness caused by the border closures in 2020, which restrained the market's expansion. Moreover, owing to the COVID-19 consequences blockchain companies were compelled to reduce their staffing levels and budgets in 2020. For instance, Cipher Trace decreased its advertising and market department jobs, and Elliptic lay off employees in the U.S. as well as the U.K.

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Cryptocurrency Market Report Highlights

  • The hardware segment is estimated to dominate the market in 2022. The dominance can be attributed to the increasing demand for cryptocurrency mining devices to mine new coins and include them in the supply chain
  • The graphics processing unit (GPU) segment is expected to witness the fastest growth during the forecast period. The growth can be attributed to the rising demand for GPU in crypto mining as it consumes less energy and offers high-speed processing
  • The wallet segment is anticipated to witness the fastest growth during the forecast period. The growing demand for cryptocurrency wallets for trading, sending, and receiving cryptocurrencies is anticipated to fuel the segment's growth
  • The mining segment is estimated to dominate the market in 2022. The dominance can be attributed to the growing investment by several companies to build crypto mining farms
  • The bitcoin segment has dominated the market in 2022 and is anticipated to grow at the fastest CAGR through the projection period. The growth can be attributed to the increasing popularity of Bitcoin. Moreover, acceptance of Bitcoin by several emerging countries, such as El Salvador, is anticipated to spur the growth of the segment
  • The retail & e-commerce segment is anticipated to grow at the fastest CAGR through the projection period. The growing acceptance of cryptocurrencies by several retail &e-commerce stores is anticipated to aid the growth of the segment
  • The Asia Pacific is expected to register rapid growth during the forecast period. The presence of crypto mining companies in the region is predicted to propel regional market growth

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

Cryptocurrency Market Segmentation

Grand View Research has segmented the global cryptocurrency market based on the component, hardware, software, process, type, end-use, and region.

Cryptocurrency Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware
  • Software

Cryptocurrency Hardware Outlook (Revenue, USD Million, 2017 - 2030)

  • Central Processing Unit
  • Graphics Processing Unit
  • Application-Specific Integrated Circuit
  • Field Programmable Gate Array

Cryptocurrency Software Outlook (Revenue, USD Million, 2017 - 2030)

  • Mining Software
  • Exchange Software
  • Wallet
  • Payment
  • Others

Cryptocurrency Process Outlook (Revenue, USD Million, 2017 - 2030)

  • Mining
  • Transaction

Cryptocurrency Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Ripple
  • Others

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

  • Banking
  • Gaming
  • Government
  • Healthcare
  • Retail & E-commerce
  • Trading
  • Others

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

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

List of Key Players in Cryptocurrency Market

  • Advanced Micro Devices, Inc.
  • Binance
  • Bit fury Group Limited
  • BitGo, Inc.
  • Bit Main Technologies Holding Company
  • Intel Corporation
  • NVIDIA Corporation
  • Ripple
  • Xapo Holdings Limited
  • Xilinx, 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 Market For Amines to Witness Tremendous Growth and Expansion by 2030

 Amines Market Growth & Trends

The global amines market is expected to reach USD 23.80 billion by 2030, registering a CAGR of 4.8% from 2022 to 2030, as per the new report by Grand View Research, Inc. The industry growth is majorly driven by the rising surfactant demand as well as increased public awareness of food and health safety. Global demand for crop protection chemicals is further boosting the market demand.

The largest application of amines is in the manufacturing of crop protection chemicals. Amines promote uptake and absorption, which inhibits weed development, and have high compatibility with fertilizers. During r the forecast period, demand is anticipated to be driven by factors including a rapidly growing population, rising food and health safety awareness, dwindling arable land, and the need for increased agricultural output.

Amines comprise a diverse group of chemical intermediates with broad application in many sectors of the world economy, so total demand largely follows global economic trends. Rising per capita incomes, consumer spending, and modernizing agricultural industries in developing countries are the factors expected to have a strong impact on amines consumption.

Due to COVID-19, the agriculture value chain was disrupted, resulting in a negative impact on the global economy. This had a negative effect on the demand for amines. Also, manufacturers, globally, remained severely impacted by the COVID waves, which restricted commercial activities, hence the producers reduced their operating rates. This further resulted in the downfall of supply, thus impacting prices and worldwide consumption. With the situation returning to normal by the end of 2021, the product witnessed an increase in demand from other industries, thereby normalizing the market.

The global amines market is highly competitive along with fragmented in nature and is characterized by the presence of numerous key manufacturers. The companies operate with manufacturing facilities in multiple locations. Product distribution is carried out either through several sales locations across their respective areas of operation or via third-party distribution agencies.

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Amines Market Report Highlights

  • The global amines industry is estimated to advance with a moderate growth rate at a CAGR of 4.8% from 2022 to 2030 due to the rise in demand for crop protection chemicals
  • Ethanolamine dominated the market in 2021, contributing a 54.0% share of the global revenue owing to the high demand for ethanolamine as a feedstock in the manufacturing of polishes, pharmaceuticals, detergents, emulsifiers, and chemical intermediates
  • Crop protection was the largest application segment in terms of revenue, and contributed 33.0% to the global revenue share. Rapidly growing population, increasing awareness regarding food & health safety, food security, and the necessity for enhanced crop yield is expected to drive the demand for the crop protection chemicals such as pesticides, which would further fuel demand for the amines
  • The market is fragmented with a large number of players operating globally. Key players are expanding their geographic reach in order to acquire a competitive edge. Also, mergers & acquisitions, joint ventures, coupled with effective marketing strategies are expected to be some of the major strategies used by industry players

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

Amines Market Segmentation

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

Amines Product Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018 - 2030)

  • Ethanolamine
  • Fatty amines
  • Alkyl amines
  • Others

Amines Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018 - 2030)

  • Crop Protection
  • Surfactants
  • Water Treatment
  • Personal Care
  • Gas Treatment
  • Others

Amines Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018 - 2030)

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

List of Key Players in Amines Market

  • Arkema S.A.
  • Akzo Nobel N.V.
  • BASF SE
  • SABIC
  • The Dow Chemical Company
  • Huntsman Corporation
  • Mitsubishi Gas Chemical Company
  • Taminco Corporation
  • Celanese Corporation
  • Solvay S.A.
  • INEOS Group
  • Lanxess Corporation
  • LyondellBasell Industries Holdings B.V.

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.

Cloud Analytics Market is Expected to Amplify USD 128.89 Billion Value by 2030: Grand View Research Inc.

 Cloud Analytics Market Growth & Trends

The global cloud analytics market size is anticipated to reach USD 128.89 billion by 2030, exhibiting a CAGR of 22.32% over the forecast period, according to a new report published by Grand View Research, Inc. The growing trend of digitization and significant rise in big data is driving the adoption of cloud analytics solutions. Moreover, the increased data connectivity through multi-cloud and hybrid environments has resulted in the adoption of cloud analytics solutions in various industry verticals.

Incorporating analytics solutions and services into the cloud platform has allowed companies to stay competitive in the market and better control their business operations. Furthermore, it helps companies to reduce maintenance costs and expenses related to computation and data storage. The companies are focusing on producing innovative and easy-to-adapt solutions to help clients in their multi-cloud journey. For instance, in March 2022, Alteryx, Inc. announced the launch of Alteryx Analytics Cloud, an automated analytics platform. The platform offers no-code/ low-code capabilities that easily allow the extraction of insights and help businesses make informed decisions using data.

Enterprises of all sizes emphasize implementing business intelligence solutions into their operations to gain a competitive edge and collect, identify, exchange and preserve enormous data. The business intelligence solutions provide a simple and quick decision-making process. The key players focus on expanding their product portfolio through R&D or mergers and acquisitions. For instance, in July 2021, Atos SE announced the acquisition of Visual BI Solutions Inc., a business intelligence and cloud analytics solution provider in the U.S. The acquisition has allowed Atos SE to expand its service offerings and cater to the increasing demand from clients for analytics in the cloud.

Cloud analytics solutions offer numerous growth opportunities as it allows enterprises to manage large quantities of data by saving huge capital investment in hardware equipment and other tools. However, the increasing adoption of cloud technology is creating various data security problems, such as loss of industry-specific information and data theft creating concerns among enterprises of numerous industries.

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Cloud Analytics Market Report Highlights 

  • In the component segment, cloud analytics solutions held nearly 68% of the revenue share in 2021. The growth is attributed to increasing demand for cloud analytics solutions such as cloud BI tools, enterprise information management, governance, risk and compliance, and enterprise performance management to gain insights
  • The private cloud segment achieved nearly 23% of the revenue share in 2021. The benefits, such as customization of services and higher control as the cloud infrastructure are dedicated to a single user organization that enables privacy and greater security, especially for large enterprises, are expected to fuel the growth
  • The SMEs achieved nearly 38% of the revenue share in 2021. The SMEs are adopting hybrid and public cloud as it is scalable, allowing for online and geographic expansion without impacting the budget
  • The BFSI segment held nearly 30% of the revenue share in 2021. The increasing competition in the BFSI sector has led companies to leverage cloud analytics to improve user experience

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

Cloud Analytics Market Segmentation

Grand View Research has segmented the global cloud analytics market report based on component, deployment, organization size, application, industry vertical, and region:

Cloud Analytics Component Outlook (Revenue, USD Billion, 2018 - 2030)

  • Solutions
  • Services

Cloud Analytics Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Public
  • Private
  • Hybrid

Cloud Analytics Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • SME
  • Large Organizations

Cloud Analytics Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Sales And Marketing
  • Research & Development
  • Customer Service
  • Accounting & Finance
  • Human Resource
  • Others

Cloud Analytics Industry Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

  • BFSI
  • IT & Telecommunication
  • Manufacturing
  • Healthcare & life sciences
  • Government
  • Energy & Utilities
  • Others

Cloud Analytics Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of Cloud Analytics Market

  • International Business Machines Corporation
  • Microsoft
  • Amazon Web Services, Inc.
  • QlikTech International AB
  • Sisense Inc.
  • GoodData Corporation.
  • Tableau Software, LLC,
  • Databricks
  • SAS Institute Inc.
  • Oracle
  • Google LLC

About Grand View Research

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

Friday, 3 March 2023

Osmometers Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Osmometers Market Growth & Trends 

The global osmometers market size is expected to reach USD 126.58 million by 2030, registering a CAGR of 4.03% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to grow due the rise in prevalence of electrolyte disorders, launch of innovative products by the key players, and expansion of healthcare companies. 

The other major factors, which will drive the market growth, are increasing demand for modern, well-equipped clinical laboratories designed for the better clinical outcomes, and rising disease burden across the globe. For instance, according to World Health Organization (WHO) in April 2021, non-communicable diseases (NCDs) were responsible for 71.0% of all fatalities worldwide, taking the lives of 41.0 million people, annually.

Additionally, 17.9 million people each year die from the cardiovascular diseases, followed by cancer (9.3 million), respiratory conditions (4.1 million), and diabetes (1.5 million). The number of operations conducted has increased, as a result of the rising frequency of chronic illnesses, which is predicted to boost demand for the osmometers products and fuel osmometers market expansion. 

Moreover, the market will experience growth in the near future due to the technical advancements and an increase in the number of agreements between major companies. For instance, in June 2020, ELITech Group had released the freezing point osmometers, which is called "FreezePoint". The ELITechGroup’s Freeze Point, designed for measurements of the samples in various healthcare industry to determine the routine medical tests and total osmolality of the aqueous solution. Thus, in turn is anticipated to boost the osmometers market growth in near future. 

The current COVID-19 outbreak is expected to have a positive impact on the osmometers market. This is due to the electrolyte disorders such as hyponatremia, which are linked to COVID-19. Therefore, the industry's growth was boosted by an increase in usage for identifying and treating hyponatremia in the affected patients, with minimal treatment cost. This will promote osmometers market expansion. 

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Osmometers Market Report Highlights

  • By type, freezing point osmometers accounted for the largest market share of 72.58%in 2021. The standard freeze point method for measuring osmolality gives a thorough and precise view of the sample as compared to other methods
  • Based on the sampling capacity, single-sample segment dominated the market with a share of over 67.79% in 2021. This is due to increase in the demand for singe-sample osmometers in various end uses such as laboratory centers, healthcare companies, and others along with the technological advancements
  • Based on the end user, laboratory & diagnostics centers led the market and accounted for more than 26.49% share of the global revenue in 2021, owing to high usage of osmometers in laboratory and diagnostic centers
  • The Asia Pacific region is estimated to register the highest CAGR during the forecast period. This is due to the increasing incidences of chronic diseases, the rising geriatric population, and the augmented developments of advanced products which are expected to support regional growth

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

Osmometers Market Segmentation

Grand View Research has segmented the global osmometers market based on the type, sampling capacity, end use, and regions:

Osmometers Type Outlook (Revenue USD Million; 2018 - 2030)

  • Freezing Point Osmometers
  • Vapour Pressure Osmometers
  • Membrane Osmometers

Osmometers Sampling Capacity Outlook (Revenue USD Million; 2018 - 2030)

  • Single-Sample
  • Multi-Sample

Osmometers End-use Outlook (Revenue USD Million; 2018 - 2030)

  • Hospitals
  • Laboratory & Diagnostics Centers
  • Healthcare Companies
  • Contract Research Organizations
  • Contract Manufacturing Organizations
  • Food and Feed Industries
  • Others

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

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

List of Key Players of Osmometers Market 

  • Advanced Instruments
  • ELITechGroup Inc.
  • Precision Systems Inc.
  • ARKRAY Inc.
  • Nova Biomedical
  • ASTORI TECNICA
  • KNAUER Wissenschaftliche Gerete GmbH
  • ratiolab
  • Labtek Services Ltd.

About Grand View Research

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

LED Light Face Mask Market Get Facts About Business Strategies 2022 to 2030: Grand View Research Inc.

 LED Light Face Mask Market Growth & Trends

The global LED light face mask market is expected to reach USD 655.6 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.9% from 2022 to 2030. Rising consumer awareness regarding the benefits of LED light therapy will drive market demand during the forecast period. LED light face mask is a risk-free, affordable, and effective alternative to laser light therapy and is used for curing a wide range of skin problems such as acne, wrinkles, discoloration, hyperpigmentation, and sun damage.

The red and blue LED type segment is anticipated to register the fastest growth rate during the forecast period. The red and blue LED light therapy is being widely recommended by dermatologists owing to its efficacy in treating acne, wrinkles, and other signs of aging. The combination of red and blue LED light therapy is a safe, effective, and non-invasive treatment for treating mild to moderately severe acne. The red LED light has a longer wavelength and penetrates deep into the skin to stimulate collagen production to improve the skin’s firmness and elasticity.

The anti-aging application segment held the largest share in 2021. The rise in conscious beauty consumerism and increasing awareness among consumers regarding age-related skin therapies propel the segment's growth. The rising propensity to spend on skin products and clinical treatments that help consumers to restore their skin firmness and youthfulness is anticipated to drive the segment during the forecast period.

The B2C distribution channel is anticipated to register a lucrative CAGR during the forecast period. Easy accessibility and physical verification of the products are the primary factors driving product sales through various B2C distribution channels. The majority of market players target hypermarkets, supermarkets, and e-commerce retail to expand product reach and widen their customer base.

Major players in the global market include a few established players and many small players. Moreover, there is intense competition between the players in this market as some of them are major manufacturers and have a large customer base both on regional and international levels.

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LED Light Face Mask Market Report Highlights

  • North America held the largest share of over 40.0% in 2021. The increasing demand for skin-related products and the growing availability of LED light face masks owing to the presence of leading players in the U.S. and Canada will support the regional growth during the forecast period
  • The acne treatment application segment is anticipated to register the highest CAGR of 12.8% during the forecast period owing to the growing demand for acne-related products among millennials to treat acne and blemishes
  • The B2B distribution channel segment held the largest revenue share of over 60.0% in 2021. Most consumers prefer clinics and salon-based treatment for LED light therapy. Moreover, dermatologists and salon professionals can assist consumers in achieving skin goals by proactively addressing skin issues

Access Press Release@ https://www.grandviewresearch.com/press-release/global-led-light-face-mask

LED Light Face Mask Market Segmentation

Grand View Research has segmented the global LED light face mask market based on type, application, distribution channel, and region:

 LED Light Face Mask Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Red & Blue LED
  • Near Infrared LED
  • Amber LED
  • Others

LED Light Face Mask Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Anti-aging
  • Acne Treatment
  • Others

LED Light Face Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • B2B
    • Salons
    • Hospitals & Clinics
  • B2C
    • Hypermarkets & Supermarkets
    • Pharmacy & Drugstores
    • Online
    • Others

LED Light Face Mask Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the LED Light Face Mask Market

  • LG
  • CURRENTBODY
  • Skin Gym
  • MZ SKIN LIMITED
  • Aduro
  • Project E Beauty
  • DMH Aesthetics
  • Kahlia Skin
  • Harpar Grace International (Déesse PRO)
  • CELLRETURN

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.

Luxury Travel Market to Reflect a Holistic Expansion During 2022 to 2030: Grand View Research Inc.

 Luxury Travel Market Growth & Trends

The global luxury travel market size is expected to reach USD 2.32 trillion by 2030, registering a CAGR of 7.6% during the forecast period, according to a new report by Grand View Research, Inc. The growing desire to escape the stress, hustle-bustle, and routine of everyday life has driven the attraction for travelers. Moreover, the increasing life expectancy of people around the world and improved health conditions even in old age are encouraging more and more consumers to enjoy an active lifestyle. Growing economic and political stability across the globe regarding gender, ethnicity, sexual orientation, human rights, and less hustle in visa offerings are influencing tourists’ decisions over potential travel places across the globe.

Long-haul travelers are seeking to create unique holidays and are demanding flexible itineraries for a combination of entertaining and relaxing travel. The demand for customized and personalized travel for more convenient journeys is expected to accelerate the industry's growth. Moreover, the micro trip is a new trend in the industry, which is expected to boost the industry's growth in the forecasted period. Tourists are visiting more travel places in shorter periods. To stay and spend quality time during short time frames in a unique and remarkable type of accommodation is becoming trendy, thereby supporting industry growth. In terms of value, the safari & adventure segment dominated the industry in 2021.

This is owing to an increasing number of luxury travelers seeking to understand the local culture, gain a sense of adventure, and enjoy a less-crowded environment. Personalized safaris and adventures are gaining popularity among all age groups, which is also driving the segment growth. The Asia Pacific is anticipated to emerge as the fastest-growing region over the forecast period. A rise in spending power and improving the standard of living are some of the key factors responsible for attracting customers to luxury travel. Demand for luxury travel for corporate events, corporate stays, and leisure trips is rising as more money is being injected into the economy.

Countries facing political instability, economic crises, and stringent Foreign Direct Investment (FDI) regulations are anticipated to witness steady growth. Companies are focusing on strategies, such as mergers and acquisitions, to gain higher industry share and increase their service footprint. In June 2021, Inspirato LLC, an innovative luxury travel subscription brand, and Thayer Ventures Acquisition Corp., a publicly traded special purpose acquisition company, entered into a definitive merger agreement that will result in Inspirato becoming a publicly listed company. This merger enabled the company to increase and broaden its service capabilities and bolster its package offerings.

Request a free sample copy or view report summary: Luxury Travel Market Report

Luxury Travel Market Report Highlights

  • The culinary travel & shopping tour segment dominated the global industry in 2021 and will expand further at a steady CAGR from 2022 to 2030
  • The growing popularity of cooking programs on television influences people to travel abroad and experience local cuisines favoring the segment growth
  • The millennial age group segment is expected to witness the fastest growth rate over the forecast period
  • The Europe region was valued a USD 0.42 trillion in 2021 and is expected to register a significant CAGR over the forecast period
  • This growth can be attributed to a rise in spending power and a high standard of living in the region

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

Luxury Travel Market Segmentation

Grand View Research has segmented the global luxury travel market on the basis of tour, age group, and region:

Luxury Travel Tour Outlook (Revenue, USD Million, 2017 - 2030)

  • Customized & Private Vacations
  • Safari & Adventure
  • Cruises, Yachting, & Small Ship Expeditions
  • Celebration Journeys
  • Culinary Travel & Shopping
  • Others

Luxury Travel Age Group Outlook (Revenue, USD Million, 2017 - 2030)

  • Millennial
  • Generation X
  • Baby Boomers
  • Silver Hair

Luxury Travel Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the Luxury Travel Market

  • TUI Group
  • Butterfield & Robinson Inc.
  • Cox & Kings Ltd.
  • Scott Dunn Ltd.
  • Abercrombie & Kent USA, LLC
  • Lindblad Expeditions
  • Geographic Expeditions, Inc.
  • Micato Safaris
  • Exodus Travels Limited
  • Travel Edge (Canada) 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.

Thursday, 2 March 2023

Online Laundry Services Market to Reflect Robust Expansion During 2022-2030

 

Online Laundry Services Market Growth & Trends

The global online laundry services market is expected to reach USD 221.05 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 30.5% from 2022 to 2030. Busy working schedules coupled with increasing women’s participation in the workforce are major factors fueling the adoption of online laundry services among urban consumers. In addition, the demand is fueled by shifting consumer preferences and improving living standards on a global level.

The rising economic stability of middle-class consumers in emerging markets is driving the demand for clothes, which has spurred demand for online laundry services. Additionally, the increasing population and rising tourism activities play key factors in the augmented demand for online laundry services in the hospitality sector. These factors are anticipated to boost the market growth in the commercial sector over the forecast period.

The increasing number of hotels, hospitals, restaurants, and other commercial setups has led to a rise in the demand for online laundry services. Moreover, companies are striving to employ innovative technologies to introduce new products to the market. For instance, in April 2019, Girbau, S.A. launched a washing machine that supports a capacity of 85kg. The product can reach a high extract speed of up to 405 G-force, which allows moisture removal and shortens drying time by 50%.

In terms of value, the laundry care segment dominated the market and is expected to account for the largest market share in the forecast period. The shifting trend toward clean homes & clothes and the growing importance of good health among consumers are factors driving the segment. Increasing environmental awareness has given rise to the trend of cold washing of clothes, which requires low temperature and high-performance detergents

North America held the largest market share in 2021, owing to the growing population of health-conscious consumers in the region has resulted in an increase in the usage of laundry services. The shifting trend toward hygiene and cleanliness among consumers, particularly in developed countries like the U.S. has increased the demand for cleaning products.

Companies in the market are focusing on strategies such as mergers and acquisitions in order to gain market share and increase their service footprint. In June 2019, Laundrapp Ltd. announced its merger with Zipjet Ltd., a Berlin-based on-demand laundry and dry-cleaning company. In addition, the company completed a funding round from existing investors, which include Hargreave, Toscafund, Hale VCT, Henkel, and Rocket Internet for an undisclosed amount.

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Online Laundry Services Market Report Highlights

  • Dry clean was valued at USD 5.50 billion in 2021 and is expected to reach USD 54.79 billion by 2030. The growing awareness about the advantages of dry cleaning among consumers also drives the demand
  • Commercial segment is expected to witness substantial growth over the forecast period with a CAGR of 31.3% from 2022 to 2030. An increasing number of hotels and hospitals is expected to provide growth opportunities to online laundry service providers over the forecast period
  • Asia Pacific was valued a USD 4.38 billion in 2021 and is expected to register a CAGR of 34.2% over the forecast period. The growth in the region is majorly attributed to improving economic stability and living standards in developing economies, such as India, China, and Indonesia

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

Online Laundry Services Market Segmentation

Grand View Research has segmented the global online laundry services market based on service, application, and region:

Online Laundry Service Outlook (Revenue, USD Million, 2017 - 2030)

  • Laundry Care
  • Dry Clean
  • Duvet Clean

Online Laundry Services Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Residential
  • Commercial

Online Laundry Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Online Laundry Services Market

  • DhobiLite
  • CLEANLY, Inc.
  • FlyCleaners
  • Laundrapp Ltd
  • Zipjet Ltd
  • Rinse, Inc.
  • Mulberrys Garment Care
  • Laundryheap Ltd.
  • WASHMEN
  • IHATEIRONING

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.

Philippines Demand for Remittance Market Increasing in Most Part of World 2030

 Philippines Remittance Market Growth & Trends

The Philippines remittance market size is expected to reach USD 1.84 billion by 2030, growing at a CAGR of 13.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the initiatives taken by the Philippines government, such as financial literacy programs and the adoption of the ‘International Day of Family Remittances’. Furthermore, the increasing adoption of banking services across the country is another major factor expected to create new growth opportunities for the Philippines remittance industry.

According to the World Bank Group, it is expected that remittances to Low- and Middle-Income Countries (LMICs) will increase by 4.2% in 2022, reaching USD 630 billion. This comes on the heels of a near-record recovery of 8.6% in 2021, thereby expected to drive the growth of the industry. Moreover, the huge number of Overseas Filipino Workers (OFWs) employed in several countries are also contributing to the growth of the market. For instance, according to Philippines Statistics Authority, the total number of OFWs was estimated at 1.77 million from April to September 2020.

Additionally, the Philippines-based remittance service providers are continuously implementing new technologies, such as the integration of blockchain technology in the remittance platform for faster money transfers. For instance, in August 2022, a blockchain infrastructure company called Roxe announced its partnership with Cebuana Lhuillier, a money transfer service provider. This partnership aimed to enable clients in the Philippines to execute seamless cross-border remittance payments by combining Cebuana Lhuillier's extensive fund distribution methods and the Roxe blockchain network.

During the COVID-19 pandemic, the lockdown was imposed, which shifted people's attention towards digital means and technology. However, at the same time, in October 2020, ING and UNICEF introduced the 'Fintech for Impact' initiative to support fintech start-ups across the country. The top five start-ups, including BeamAndGo Pte Ltd, were chosen to receive equity-free financing as well as technical and commercial mentoring from ING, UNICEF, and other professionals for a year.

The selection of BeamAndGo was anticipated to the addition of functionality of helping migrants and their families to make responsible spending decisions for the household and manage their finances through its non-cash remittance services. Hence, such initiatives proved to be helpful for market growth during the COVID-19 pandemic.

Request a free sample copy or view report summary: Philippines Remittance Market Report

Philippines Remittance Market Report Highlights

  • The digital segment is expected to register the fastest growth during the forecast period. The growing internet penetration among Filipinos can be attributed to the segment's growth
  • The inward remittance segment dominated the market in 2021, attributed to the high migration rate of Filipinos in search of better job opportunities
  • The online platforms (wallets) segment is expected to witness the fastest growth over the forecast period. The developing infrastructure for online money transfer across the country is one of the major factors anticipated to drive the segment's growth
  • The personal segment is expected to witness the fastest growth over the forecast period, attributed to the growing use of remittance platforms for sending money for household purposes

Access Press Release@ https://www.grandviewresearch.com/press-release/philippines-remittance-market-analysis

Philippines Remittance Market Segmentation

Grand View Research has segmented the philippines remittance market based on mode of transfer, type, channel, and end-use.

Philippines Remittance Mode of Transfer Outlook (Revenue, USD Million, 2017 - 2030)

  • Digital
  • Traditional (Non-digital)

Philippines Remittance Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Inward Remittance
  • Outward Remittance

Philippines Remittance Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Banks
  • Money Transfer Operators
  • Online Platforms (Wallets)

Philippines Remittance End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Migrant Labor Workforce
  • Personal
  • Small Businesses
  • Others

List of Key Players in the Philippines Remittance Market

  • PayPal Holdings, Inc.
  • Worldremit Group Limited
  • Union Bank of the Philippines
  • The Western Union Company
  • MoneyGram International, Inc.
  • Cebuana Lhuillier
  • LBC Express Holdings
  • MLhuillier
  • Palawan Pawnshop
  • RD Pawnshop

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.

BOPP Films Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

  The global   BOPP films market   size was estimated at USD 26.14 billion in 2023 and expected to grow at a CAGR of 5.92% from 2024 to 2030...