Road Marking Machine Market is Expected to Amplify USD 11.32 Billion Value by 2025: Grand View Research Inc.

 The global road marking machine market size is anticipated to reach USD 11.32 billion by 2025 expanding at a CAGR of 9.3%, according to a new report by Grand View Research, Inc. Rapid globalization, industrialization, and urbanization along with technological developments are triggering the demand for high-quality infrastructure. With a view to achieve balanced regional economic growth governments across the world have increased their spending on infrastructure development.

Thus, rising investment in road infrastructure by key governments, specifically in emerging economies of APAC and CSA, are expected to propel the market over the forecast period. On the basis of product type, the market is segmented into manual, semi-automatic, and fully automatic machines. Manual machines are projected to account for the largest market share over the forecast period as they are used across various industries owing to ease of operation, compatibility with a variety of paint materials, and low operational cost.

On the basis of application, the market is segmented into road, car park markings, anti-skid, and other markings. Road markings was the largest application segment in 2018 and held 28.25% of the global market share. These markings includes line striping on highways, city roads, and sideways, among others. Car park markings is likely to be the fastest-growing segment with a CAGR of 10.5% over the forecast period owing to rising need for these markings at hotels, buildings, sideway car parking, and public car parking places.

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Further key findings from the study suggest:

• Asia Pacific accounts for the largest share of the global road marking machine market and is expected to retain its dominance over the forecast period
• China is the major revenue-generator in the APAC region and is anticipated to reach USD 1.17 billion by 2025
• North America market is anticipated to witness a steady growth owing to increased investments for road safety and maintenance
• S. is one of the prominent markets in North America and is projected to expand at the fastest CAGR of 3.9% over the forecast period
• Manual type is expected to be the largest as well as fastest-growing machine type segment over the estimated period
• Car parking markings application segment is anticipated to register the highest CAGR of 10.5% during the forecast years
• Key companies in this market are Hofmann GmbH; Borum A/S; Graco Inc.; RME Road Marking Equipment; STiM Group; Dayu Road Marking; Automark Industries; Titan Tool Inc.; TATU Traffic Group; and Zhenjiang Winfar Transport Facilities Co., Ltd.

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Grand View Research has segmented the global road marking machine market on the basis of machine type, application, and region:

Road Marking Machine Type Outlook (Revenue, USD Million, 2015 - 2025)

• Manual
• Semi-Automatic
• Fully Automatic

Road Marking Machine Application Outlook (Revenue, USD Million, 2015 - 2025)

• Road
• Car Park
• Anti-Skid
• Others

Road Marking Machine Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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.

Zero Trust Security Market Poised to Expand at a Robust Pace of USD 59.43 Billion Over 2028: Grand View Research Inc.

 Zero Trust Security Market Growth & Trends

The global zero trust security market size is expected to reach USD 59.43 billion by 2028, registering a CAGR of 15.2% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The market is driven by the need to protect enterprise digital environments by averting lateral movement, leveraging network segmentation, simplifying granular user-access control, and implementing layer 7 threat prevention. The robust solutions for implementing a zero-trust security environment ensure the protection of computers, programs, and networks from unauthorized access. Moreover, preventing unwarranted access to critical data, as the adoption of technologies, such as cloud computing, Wi-Fi, and Internet of Things (IoT), coupled with outsourcing service, is increasing, is driving the growth of the market. The COVID-19 pandemic has further acted as a catalyst for market growth with enterprises investing in securing their networks, endpoints, and IT infrastructure with a zero-trust security framework.

The threat to digitally stored information from unauthorized access is also driven by changing technological landscape. While technology revolutionizes a business process, it also creates vulnerabilities in online protected data. In addition, while internet connectivity improves the operational task of the business by speeding up the process and improving accessibility, the risk of cyber attacks also increases rapidly. Moreover, the rapid expansion of operational data exposed to cyber adversaries through mobile, other edge devices, and IOT and the dependence of companies on third-party vendors and service providers are some of the prevailing supply chain trends increasing the risk of cyberattacks to access information. Therefore, the implementation of a security solution ensures a zero-trust security environment in the organization to mitigate the risks arising from various business activities and internet connectivity.

The application of the zero trust model is parallel to the concept of cybersecurity as it focuses on preventing intrusion by securing the digital network. Several countries across the world introduced laws to prevent cybercrime and data theft, which is vital for safeguarding the BFSI, IT, telecom, defense, and healthcare, other major sectors. The increasing internal and external threat of unauthorized data accessibility and cybercrime due to the political and personal interest of hackers or intruders for earning easy money further pressurizes governments to update their policies regularly. For instance, China updated its cyber policy on December 1, 2019, which instructs both Chinese and foreign public as well as private companies and organizations to secure their networks. The cyber law in the U.S. varies based on the business sector and includes Health Insurance Portability and Accountability Act, 2002 (HIPAA); Homeland Security Act that also includes Federal Information Security Management Act (FISMA), and 1996 Gramm-Leach-Billey Act. Such cyber laws further necessitate the need to secure networking structure and boost the demand for authentication and cyber-solution that ensures a zero-trust security environment.

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Zero Trust Security Market Report Highlights

• The Small and Medium Enterprises (SMEs) segment is anticipated to witness the fastest CAGR over the forecast period owing to increasing awareness and threat of unauthorized access during cyber attacks
• The multi-factor authentication segment led the global market in 2020 and will expand further at the fastest CAGR from 2021 to 2028
• The growth can be attributed to the need to overcome the challenges of revenue loss and data loss risks in the era of confidential and vulnerable data, as multi-factor authentication presents multiple layers of identity verification to grant access to an authorized individual
• North America led the global market in 2020 and will remain dominant even during the forecast years
• The growth is credited to the high-security investment from the large enterprises across the regional industries, such as BFSI, that are at constant risk of cyber attacks as well as internal fraudsters

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Zero Trust Security Market Segmentation

Grand View Research has segmented the global zero trust security market on the basis of security type, deployment, organization size, authentication, application area, and region:

Zero Trust Security Type Outlook (Revenue, USD Million, 2017 - 2028)

• Network
• Data
• Endpoint
• Cloud
• Others

Zero Trust Security Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• On-premises
• Cloud

Zero Trust Security Organization Size Outlook (Revenue, USD Million, 2017 - 2028)

• SMEs
• Large Enterprise

Zero Trust Security Authentication Outlook (Revenue, USD Million, 2017 – 2028)

• Single-factor Authentication
• Multi-factor Authentication

Zero Trust Security Application Area Outlook (Revenue, USD Million, 2017 - 2028)

• IT & Telecom
• BFSI
• Healthcare
• Retail
• Others

Zero Trust Security Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Zero Trust Security Market

• Cisco Systems, Inc.
• Akamai Technologies
• Palo Alto Networks
• Check Point Software Technologies
• Trend Micro, Inc.
• IBM Corp.
• Symantec Corp.
• FireEye, Inc.
• McAfee Corp.
• Forcepoint
• Microsoft Corp.
• VMWare, Inc.
• Fortinet
• Cloudflare, Inc.
• SonicWall

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.

Hair Dryer Market 2023-2030 Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Hair Dryer Market Growth & Trends

The global hair dryer market size was valued at USD 13.64 billion in 2030, expanding at a CAGR of 6.0% from 2023 to 2030, according to a report by Grand View Research, Inc. The key dynamics driving the demand for hair dryers are growing standards of living and greater emphasis on personal appearance. Evolving fashion trends in hair care and styling and the rising hair styling trends featured in movies and on fashion runways are considerably impacting the sales of hair dryers globally, across all age groups. Hairdryers help style, curl, straighten, volumize, or flatten the hair using heat.

An increase in consumer spending on professional salons and hair styling tools is expected to open new avenues for market growth. Consumer expenditure on professional salons and hairstyling tools is driving the global hair dryer industry. With the growing popularity of social media, beauty trends have changed a lot, which has led to a surge in demand for hair dryers. According to the Philips Global Beauty Index 2019, nearly 76% of women used a hair dryer regularly. Such trends will lead to the high adoption of hair dryers by consumers.

The global economy deteriorated rapidly in the first quarter due to the impact of lockdowns and other restrictions in various countries to counter the COVID-19 pandemic. However, economic activities around the world began to pick up in the second quarter of 2020. By the end of the third quarter and later, new waves of COVID-19 infections led to another round of restrictions and extensions of existing restrictions in various countries. Bottlenecks for semiconductors and other economic issues occurred toward the end of the fiscal year.

The corded product segment held the largest market share more than 83.0% in 2022 and is expected to witness progressive growth in demand during the forecasted period. Generally, corded hair dryers are preferred for use in households and professional services, where portability is not required. They are also more powerful than cordless hair dryers and can dry the hair quicker. They have better airflow and heat settings, hence they are preferred by consumers.

The professional segment is expected to register the highest CAGR of 6.2% during the forecast period. With the rise in disposable incomes and increased beauty standards of the modern world, the trend of visiting hair salons to style hair has been growing in recent years and hair salons are witnessing a higher footfall. This has fueled the demand for professional hair dryers.

The offline segment dominated and held the largest revenue share of over 72.05% in 2022. Offline is the most widely used channel for purchasing hair dryers. Offline stores provide consumers with the option of testing the operations of the product before making a purchase decision.

North America accounted for the largest revenue share of over 34.0% in 2022, particularly owing to the presence of a large consumer base with high awareness about personal grooming and self-care. Furthermore, as consumers in North America have a higher disposable income compared to the rest of the world, especially those in the U.S. and Canada, the tendency of purchasing high-end hair dryers is greater in the region.

The major players account for a considerable market share and have a strong presence across the globe. The hair dryer industry also comprises small and medium sized local players who offer a selected range of products at much cheaper rates and mainly serve regional customers. Global brands face tough competition from these players since smaller players have a better grasp and reach in regional or country markets.

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Hair Dryer Market Report Highlights

• The corded product segment accounted for the leading market share of more than 83.0% in 2022 and is expected to witness significant growth in the near future. Generally, corded hair dryers are preferred for use in households and professional services, where portability is not required
• The professional segment is expected to register the highest CAGR of 6.2% during the forecast period. With the rise in disposable incomes and increased beauty standards of the modern world, the trend of visiting hair salons to style hair has been growing in recent years and hair salons are witnessing a higher footfall
• The offline segment dominated the market and held a revenue share of over 72.05% in 2022. The offline channel is the most widely used channel for purchasing a hair dryer. Offline stores provide consumers with the option of testing the operations of a product before making a purchase decision
• North America accounted for the largest revenue share of over 34.0% in 2022, particularly owing to the presence of a large consumer base with high awareness about personal grooming and self-care

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Hair Dryer Market Segmentation

Grand View Research has segmented the global hair dryer market based on product, application, distribution channel, and region:

Hair Dryer Product Outlook (Revenue, USD Billion, 2017 - 2030)

• Cord
• Cordless

Hair Dryer Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Professional
• Individual

Hair Dryer Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Online
• Offline

Hair Dryer Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Hair Dryer Market

• Conair LLC
• Panasonic Holdings Corporation
• Koninklijke Philips N.V.
• Dyson Limited
• Tescom Co., Ltd. (Tescom Denki Co., Ltd)
• Spectrum Brands, Inc.
• Revlon Inc.
• Ghd Hair (Jemella Ltd)
• Harry Josh Pro Tools
• Braun GmbH (A brand of Procter & Gamble)

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.

Modified Starch Market is Anticipated To Expand at a CAGR of 5.3% Over The Forecast Period: Grand View Research Inc.

 

Modified Starch Market Growth & Trends

The global modified starch market size is predicted to reach USD 18.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. The market is anticipated to expand significantly during the forecast period due to its use in a variety of applications such as paper, food and beverage, pharmaceuticals, textiles, and other applications like biodegradable polymers, coatings, and adhesives. Growing concern about health and nutrition, as well as a shift toward a healthier diet, are likely to be major factors driving the market.

The product penetration will rise over the forecast period as the demand for organic sweeteners in non-carbonated soft drinks and energy drinks rises. In order to produce efficient water-soluble modified starches, companies are investing more in research and development, which has created dynamic market conditions. Product innovation has significantly increased recently in order to access markets and reap strategic advantages. As a result, businesses have integrated and diversified their product portfolios to increase their presence throughout the value chain.

Modified starch has a high viscosity and improves the flavor, aroma, and color of the food it is used in because it contains very low protein and fat/lipid content. It also has organoleptic qualities and can be used in a variety of meals. Additionally, native-modified starch is suitable to be used in pet feeds and animal nutrition. During the palletization and extrusion processes, it facilitates the improvement of the finished product's texture while also giving animals a digestible energy source.

The market is expanding as a result of the rising demand for modified starch in personal care and cosmetic products to cater to distinct consumer preferences. In addition to being a potent substitute for silicone as well as other raw materials, modified starches also reduce greasiness. They are a great addition to baby and children's products along with cosmetics for tanning. Additionally, starches provide a chance to increase the stability of the emulsion. These factors are predicted to fuel product demand in the coming years.

Ingredient suppliers have been expanding their starch sources, and starch innovations are now focused on baked food elements such as fruit filling in desserts and sauces in frozen food meals. According to Starch Europe, European starch production has increased to over 11 million tons in 2020 as compared to 8.7 million tons in 2004. This includes starch made from maize, potato, and wheat. More importantly, an increasing number of starch manufacturers are investing in the European starch and sweetener market to contribute to the local economy and community, whilst also positioning the business for long-term progress, which will drive market growth.

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Modified Starch Market Report Highlights

• Starch esters & ethers led the market with the highest revenue share in 2021 owing to their ability to improve food texture and shelf life
• Corn-based starch led the material segment with the highest revenue share in 2021 owing to its ease of availability
• In terms of value, thickeners dominated the function segment with the highest revenue share in 2021. This is attributable to the product’s ability to enhance the viscosity of any liquid without affecting other properties
• Food & beverage led the application segment in terms of revenue owing to the growing demand for convenience and packaged foods globally

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Modified Starch Market Segmentation

Grand View Research has segmented the global modified starch market based on product, material, function, end-use, and region:

Modified Starch Product Outlook (Revenue, USD Million, 2017 - 2030)

• Starch Esters & Ethers
• Resistant
• Cationic
• Pre-gelatinized
• Others

Modified Starch Material Outlook (Revenue, USD Million, 2017 - 2030)

• Corn
• Cassava
• Wheat
• Potato
• Others

Modified Starch Function Outlook (Revenue, USD Million, 2017 - 2030)

• Stabilizers
• Thickeners
• Emulsifiers
• Binders
• Others

Modified Starch End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Food & Beverage
• Animal Feed
• Paper
• Pharmaceuticals
• Textiles
• Others

Modified Starch Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Modified Starch Market

• Emsland-Stärke GmbH
• Grain Processing Corporation
• Global Bio-Chem Technology Group Company Limited
• Ingredion Incorporated
• Roquette Frères
• ADM
• Agrana Beteiligungs AG
• Avebe U.A.
• Cargill, Incorporated
• Samyang Genex Corp.
• Beneo-Remy N.V.
• Siam Modified Starch Co., Ltd.
• China Essence Group Ltd.
• PT Budi Starch & Sweetener Tbk
• Tate & Lyle PLC
• ULRICK&SHORT
• KMC (Kartoffelmelcentralen) Amb

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.

For More Information: www.grandviewresearch.com

Formulation Development Outsourcing Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Formulation Development Outsourcing Market Growth & Trends

The global formulation development outsourcing market size is expected to reach USD 61.4 billion by 2030 and is expected to expand at a CAGR of 7.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The high burden of chronic and infectious diseases, the growing focus on improving the bioavailability of poorly soluble drugs, and the complications associated with drug development are contributing to the demand for formulation development services globally. Furthermore, the COVID-19 outbreak has influenced the need for clinical trials to find an effective treatment against the contagious virus. This has resulted in significant investments in research and development (R&D) to develop therapeutics, which are expected to drive the market.

According to Pharma R&D Annual Review 2022, biopharmaceutical and anticancer drugs are the major drugs in the development stage in the year 2022, this is expected to improve the demand for formulation development of these drugs post-pandemic. Globally, the pharmaceutical companies are making significant contributions to R&D activities. For instance, Merck’s R&D cost was USD 2,516.8 million in 2020 as compared to USD 2,494.8 million in 2019. Similarly, Biogen’s R&D expenses accounted for USD 3,990.9 million in 2020. The company’s R&D expenditure increased by 75% as compared to 2019. The significant increase in R&D expenditure is likely to have a positive impact on the market.

A significant number of drugs fail to reach late-stage clinical trials owing to complications associated with formulation development. Moreover, strict regulations regarding the development of drugs are further contributing to the demand for outsourcing formulation development. Such factors are expected to improve the demand. The COVID-19 incidence has been significantly reduced owing to the growing vaccination drive globally. As a result, the CRO and CDMO are once again concentrating on the development of drugs for oncology and other disorders. For instance, in April 2022, Labcorp collaborated with Xcell Biosciences to support the company in developing cell and gene therapies for treating cancer, Parkinson’s disease, and other rare diseases. Such initiatives by the CDMOs are likely to promote the demand for the formulation development outsourcing of drugs used in the treatment of cancer and other rare diseases. 

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Formulation Development Outsourcing Market Report Highlights

• Based on services, the pre-formulation segment is expected to witness a CAGR of 6.7% in the forecast period owing to the growing demand for new drugs due to the high disease burden worldwide.
• Based on formulation, the injectable products segment is expected to rise with the fastest CAGR of 7.7% in the forecast period owing to the high bioavailability of parental formulations.
• Based on therapeutic area, the oncology segment is likely to witness the fastest CAGR of 8.3% in the forecast owing high burden of cancer worldwide, thus contributing demand for formulation development of new drugs.
• Asia Pacific held the largest revenue share in 2022 due to the presence of a significant number of CROs providing cost effective formulation development services.

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Formulation Development Outsourcing Market Segmentation

Grand View Research has segmented the global formulation development outsourcing market report based on service, formulation, therapeutic area, and region.

Formulation Development Outsourcing Service Outlook (Revenue, USD Million, 2018 - 2030)

• Preformulation
• Formulation Development

Formulation Development Outsourcing Formulation Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injectable
• Topical
• Others

Formulation Development Outsourcing Therapeutic Area Outlook(Revenue, USD Million, 2018 - 2030)

• Oncology
• Infectious disease
• Neurology
• Hematology
• Respiratory
• Cardiovascular
• Dermatology
• Others

Formulation Development Outsourcing Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Turkey
  • Netherlands
  • Switzerland
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • Taiwan
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Egypt
  • Israel

List of Key Players in Formulation Development Outsourcing Market

• SGS S.A.
• Intertek Group plc
• Recipharm
• Lonza
• Charles River Laboratories International, Inc.
• Eurofins Scientific SE
• Element
• Labcorp
• Thermo Fisher Scientific, Inc. (Patheon)
• Catalent 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.

Data Center Construction Market Competitive Insight and Key Drivers 2023 to 2030: Grand View Research Inc.

 Data Center Construction Market Growth & Trends

The global data center construction market size is anticipated to reach USD 371.87 billion by 2030, expanding at a CAGR of 7.4% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The growth is fueled by the increasing demand for data storage and processing capabilities and the increased use of big data analytics. Furthermore, the growing trend of cloud computing and virtualization, along with the rise in digital transformation is also contributing to the market growth. Other significant factors driving the data center construction market growth include rising investment in infrastructure projects, increasing government spending on information technology, and greater demand from the enterprise sector.

The adoption of a software-defined data center in the healthcare industry is expected to drive data center construction market growth in the near future. There has been an increase in medical expenditures every year. The Institute for Health Metrics and Evaluation predicts that by 2040, healthcare spending will total USD 18.28 trillion, with high-income countries spending USD 9,019 per person. Despite the nascent stage that healthcare organizations are in with adopting modern IT infrastructure changes. Data management, networking, and server storage can be streamlined, unified, and improved by implementing a software-defined data center in the healthcare industry.

Asia Pacific IT infrastructure industry expanded significantly during fiscal 2019. The increase in sales of networking equipment, such as switches and routers, handles this expansion. Businesses like Huawei Technologies Co. Ltd., Dell, and HP Enterprises have all contributed significantly to the expansion of the market in the area. The introduction of new products by these businesses in the servers and networking sectors has helped the IT infrastructure market expand throughout the Asia Pacific. Additionally, this region is receiving a significant investment from cloud service companies. For instance, Amazon.com invested USD 339.7 billion in its Indian data center and e-commerce businesses in February 2020.

The increased construction of hyper-scale data centers throughout the world to store large amounts of data is creating a lucrative opportunity for industry participants. Hyper-scale data centers are utilized in a variety of industries to enhance computing power, memory, networking infrastructure, and storage resources. The physical infrastructure and distribution systems supporting the data centers for optimizing cooling efficiency, and the capacity to extensively scale computing workloads effectively, are among the different elements of hyper-scale data centers.

Internet of things (IoT), artificial intelligence (AI), and intelligent computing are gaining popularity in a variety of sectors and industrial verticals, creating opportunities for market participants. Developing countries have invested in data center infrastructure as part of their efforts to automate the economy. These facilities have witnessed widespread use in areas such as BFSI, manufacturing, healthcare, and energy, among others. For instance, in 2020, Wiwynn unveiled next-generation Open Compute Project (OCP) servers to meet the growing demand for cloud computing, artificial intelligence, and high-performance computing.

The network infrastructure ecosystem is benefitting from government initiatives aimed at reducing barriers to cross-border operations. As a result, key players like AT&T Intellectual Property, Huawei Technologies Co. Ltd, and Sky Telecom Inc, among others, have been aggressively investing in rising economies in Latin America, the Middle East, and other regions to expand their business. These market players are securing contracts and tapping into new markets to increase their presence with technological advancements and product innovations. In addition, these key players are pursuing various strategic activities, such as geographical expansion, acquisitions, mergers, and collaborations. For instance, in 2020, MOX Networks, LLC, and Cologix declared a new partnership to provide connectivity solutions across North America.

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Data Center Construction Market Report Highlights

• The IT infrastructure segment is expected to register a CAGR of 7.4% over the forecast period as a result of the increasing demand for high-performance computing servers, storage capacity, and sophisticated networking infrastructure.
• In Asia Pacific, the market is expected to witness high growth over the forecast period in line with the rapid development of IT and communication infrastructure and the continued rollout of 5G networks.
• Key players focus on product innovation and introduction of new technologies to their portfolio. For instance, in June 2018, Huawei Technologies Co. Ltd. released Smart DC 3.0, a solution that leverages AI technology to manage cooling and the utilization of power and resources.

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Data Center Construction Market Segmentation

Grand View Research has segmented the global data center construction market based on IT infrastructure, power distribution & cooling infrastructure, miscellaneous expenses, tier type, end use, and region:

Data Center Construction IT Infrastructure Outlook (Revenue, USD Billion, 2018 - 2030)

• Networking Equipment
• Server
• Storage

Data Center Construction Power Distribution & Cooling Infrastructure Outlook (Revenue; USD Billion; 2018 - 2030)

• Power Distribution
• Cooling

Data Center Construction Miscellaneous Expenses Outlook (Revenue; USD Billion; 2018 - 2030)

• Miscellaneous Expenses

Data Center Construction Tier Type Outlook (Revenue; USD Billion; 2018 - 2030)

• Tier 1
• Tier 2
• Tier 3

Data Center Construction End-Use Outlook (Revenue; USD Billion; 2018 - 2030)

• IT & Telecom
• BFSI
• Government & Defense
• Healthcare
• Energy
• Others

Data Center Construction Regional Outlook (Revenue; USD Billion; 2018 - 2030)

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

List of Key Players of Data Center Construction Market

• Acer Inc.
• Cisco Systems, Inc.
• Dell Inc.
• Fujitsu
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd.
• IBM
• Lenovo
• Oracle
• Inspur
• Ascenty
• ABB
• Hitachi, Ltd.
• Equinix, Inc.
• Gensler
• Schneider Electric
• HostDime Global Corp.
• IPXON Networks
• KIO Networks
• Vertiv Group Corp.

About Grand View Research

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

Aluminum Composite Panels Market Outlook & Future Forecast Report Till 2025

 The global aluminum composite panels market size is expected to reach USD 8.27 billion by 2025 registering a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Superior properties of ACPs, including corrosion and wear resistance and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry. Thus, rapid growth of the construction and infrastructure industries, most notably in emerging economies, is expected to drive the market. Growing automotive production in emerging countries coupled with rising usage of ACPs, as they are lighter than steel, is expected to benefit the overall market growth.

In addition, recyclability of automotive aluminum scrap is also likely to provide impetus to the consumption of product in automotive application. Eco-friendly characteristics of ACPs coupled with increasing adoption of green buildings is projected to fuel the product demand over the forecast period. Thermal and acoustic insulation offered by the product is also projected to increase its applications in modern construction. The market is moving towards consolidation on the back of the increasing application scope of the product. However, lack of process integration and competitive pricing strategies are expected to keep the competitive rivalry high in the global market over the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/aluminum-composite-panel-market

Further key findings from the study suggest:

• The global aluminum composite panels market was valued at USD 5.34 billion in 2018 and is expected to grow significantly during the forecast years due to rising product application scope in the construction industry
• PVDF was the largest product segment in 2018 and is estimated to expand further due to high product demand as a result of superior properties, such as resistance to wear & tear, UV, and corrosion
• The construction sector is anticipated to witness the highest CAGR over the forecast period on account of rapidly expanding construction industry in emerging economies, such China, India, and Brazil
• Passenger cars emerged as the largest end-use segment in 2018 on account increased usage of ACPs as they are lighter than steel
• The Asia Pacific market is projected to register the maximum CAGR of 7.3% over the estimate period primarily due to increased infrastructure development and construction activities in the region

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

Grand View Research has segmented the global aluminum composite panels market on the basis of product, application, vehicle type, and region:

Aluminum Composite Panels Product Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

• PVDF
• Polyester
• Laminating Coating
• Oxide Film
• Others

Aluminum Composite Panels Application Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

• Construction
• Automotive
• Advertisement Boards
• Railways
• Others

Aluminum Composite Panels Vehicle Type Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

• Passenger Cars
  • Doors
  • Hoods
  • Wings
  • Side Panels
  • Others
• Light Commercial Vehicles (LCVs)

Aluminum Composite Panels Regional Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

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

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.

Polyglycerol Market is Thriving USD 3.83 Billion Revenue by 2025: Grand View Research Inc.

 The global polyglycerol market size is expected to reach at USD 3.83 billion by 2025 expanding at a CAGR of 9.0% during the forecast period, according to a new report by Grand View Research, Inc. Polyglyceryl-3 diisostearate, polyglyceryl-3 dimer dilinoleate, and polyglyceryl-3 ricinoleate are some of the key polyglycerol 3 esters. Polyglycerol esters are plant/vegetable-derived, which makes them renewable and eco-friendly. Thus, favorable regulations pertaining to the use of polyglycerol and its esters is likely to be the major factor driving the market fluctuating prices of raw materials and availability of substitutes may hamper the market growth.

Moreover, the potential supply-demand gap for glycerol, which is expected in near future, followed by the presence of enzymes are expected cause hindrance to the market growth. However, rapidly growing personal care and F&B industries coupled with increasing pharmaceutical investments is expected to propel the product demand. Polyglycerol is used as cosmetic additives in personal care industry. The personal care industry is witnessing accelerated growth across the globe owing to factors like increasing disposable income, access to online platforms, and demand for anti-aging, natural, and gender-specific products. The F&B application segment accounted for 30.2% of the overall volume share in 2017.

Increasing demand for food additives in bakery products, chocolate production, and other food-related markets is expected to boost the market growth over the forecast period. Polyglycerol is also used in other applications, such as drilling fluids, textile lubricants, and wastewater treatment. Increasing oil and shale exploration activities in North America and Africa are expected to augment the market development. Also, emphasis on the improvement of water treatment facilities owing to strict government regulations is likely to propel the product demand in near future. Led by U.S., North America is a prominent regional market on account of high demand for bakery items, cosmetics, and liquid detergents in the region.

Moreover, recovering of pharmaceutical industry in U.S. is expected to boost the demand further, thereby augmenting regional market expansion. Pioneers in the global market have undertaken several strategies, such as new product development, extensive R&D activities, and expansion of customer base, to gain competitive advantage over others. For example, in July 2017, Lonza acquired Capsugel S.A. for USD 5.5 billion to boost its growth and ability to cater to customers of pharmaceutical, healthcare, and nutrition industries.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/polyglycerol-market

Further key findings from the study suggest:

• PG-4 was the largest product segment in 2017 and it accounted for a share of 28.2% of the overall revenue, owing to its wide application scope
• Food & beverage is forecasted to be the fastest-growing application segment over forecast period
• In 2017, China accounted for 45.6% of the APAC polyglycerol market, in terms of volume, due to rapid growth of the end-use industries in the country
• In terms of volume, PG-10 is expected to be the fastest-growing segment in APAC owing to the product’s extensive usage in personal care formulations
• Some of the key participants include Cargill, Inc.; Sakamoto Yakuhin kogyo Co., Ltd.; Spiga Nord S.p.A.; and The Good Scents Company
• Companies like Spiga Nord S.p.A and Procter & Gamble are integrated across the value chain, as both these companies are raw material suppliers as well as manufacturers

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

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

Polyglycerol Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• PG-2
• PG-3
• PG-4
• PG-6
• PG-10

Polyglycerol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Food & Beverage
• Pharmaceuticals
• Personal Care
• Others

Polyglycerol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

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

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.

Neurothrombectomy Devices Market Growth in the Coming Years

 Neurothrombectomy Devices Market Growth & Trends

The global neurothrombectomy devices market size is anticipated to reach USD 1.10 billion by 2030, growing at a CAGR of 6.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing incidence of acute ischemic stroke on a global scale is majorly driving the market. Furthermore, increased adoption of unhealthy lifestyles and increasing awareness of the disorder among the population is fueling the market for neurothrombectomy devices.

The outbreak of the COVID-19 has a negative impact on the market as the majority of elective brain procedures were postponed to free-up limited space in healthcare settings to treat COVID-19 patients. For instance, according to the International Journal of Stroke in 2021, it was reported that the total mechanical thrombectomy procedures were decreased by 12.7% from March to May 2020 globally.

However, patients suffering from COVID-19 have subsequently shown neurologic symptoms which are expected to create a favorable environment for market growth in the near future. Thus, COVID-19 might have a positive impact on the market in near future.

Moreover, the introduction of technologically advanced products and the rapid product approval process are factors expected to fuel the market growth during the forecast period. There are various other technologies used in the development of neurothrombectomy devices for the treatment of AIS and its associated symptoms. For instance, in April 2019, Medtronic launched its fourth-generation Solitaire X revascularization device, which is designed for the treatment of AIS.

Request a free sample copy or view report summary: Neurothrombectomy Devices Market Report

Neurothrombectomy Devices Market Report Highlights

• Based on products, the clot retrievers segment dominated the market in 2021, with a share of 58.24% owing to the rising prevalence of acute ischemic stroke and an increasing number of product launches by key market players
• Based on end-use, the hospital segment dominated the market in 2021 with a share of 71.03% due to improving health care facilities and the availability of advanced equipment in the hospitals
• Europe led the market with the maximum revenue share in 2021, owing to the increasing number of patients suffering from acute ischemic stroke. As per the EM Consulte, approximately 1.1 million individuals suffer from stroke disorder amongst which acute ischemic stroke accounts for a significant share

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

Neurothrombectomy Devices Market Segmentation

Grand View Research has segmented the global neurothrombectomy devices market, based on product, end-use, and region:

Neurothrombectomy Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

• Clot Retrievers
• Aspiration/Suction Devices
• Vascular snares

Neurothrombectomy Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers

Neurothrombectomy Devices 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
  • Mexico
  • Brazil
  • Argentina
  • Colombia
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players in the Neurothrombectomy Devices Market

• Medtronic
• Stryker Corporation
• Acandis GmbH
• Stryker
• Phenox GmbH
• Penumbra Inc.
• Vesalio
• Codman Neuro (Integra Lifesciences)

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.