Tuesday, 13 June 2023

Smart Inhalers Market To Benefit from Increased Global Uptake of 2022 By 2030

 Smart Inhalers Market Growth & Trends

The global smart inhalers market size is expected to reach USD 53.3 billion by 2030, based on a new report by Grand View Research, Inc., expanding at a CAGR of 19.3% from 2022 to 2030. The rising prevalence of chronic respiratory diseases (CRDs) such as asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis, and lung disorders is contributing to the growth of the market. According to the European Respiratory Society Congress, COPD is expected to affect over 480 million people in 2022 across the globe.

COVID-19 has increased the demand for smart inhalers due to the rising penetration of cutting-edge digital devices and solutions for respiratory and pulmonary care. Furthermore, in the post-pandemic era, it is expected that the adoption of smart inhalers will increase as healthcare providers are focusing on connected medical devices to ensure that patients receive better and more enhanced care, regardless of the circumstance.

Furthermore, a growing number of businesses are incorporating digital technologies into their products to improve the efficiency of medication and the management of asthma and COPD. In addition, in April 2022, Aptar Pharma, a key market player, introduced HeroTracker Sense, a novel digital chronic respiratory e-health solution that converts a traditional metered dose inhaler into a smart inhaler. Furthermore, a study of the Adherium Smart inhaler also revealed that smart inhaler users experienced several beneficial medical outcomes, including fewer hospitalizations, improved medication adherence, and a decreased need for doctor visits.

Request a free sample copy or view report summary: Smart Inhalers Market Report

Smart Inhalers Market Report Highlights

  • Based on type, the metered dose inhalers (MDIs) segment held the largest share of over 60.0% in 2021. MDIs are the most preferred inhalers used to treat CRDs. The dry powdered inhalers (DPIs) segment is expected to register the fastest growth rate of 18.6% over the forecast period owing to the convenience of its mechanism, which makes it easier to use for medicine delivery
  • Based on indication, the COPD segment held the largest share of over 50.0% in 2021 due to the high prevalence of COPD as it affects 200 million people globally. The asthma segment is anticipated to grow at the fastest rate of 18.3% over the forecast period owing to the rising number of hospitalizations for asthma, particularly in young children
  • Based on distribution channel, the hospital pharmacies segment held the largest share of over 40.0% in 2021. The elderly population frequently receives hospital care for CRDs, and they consider purchasing medication from hospital pharmacies. The retail pharmacies segment is anticipated to grow at a rate of 19.2% over the forecast period due to the quick expansion and modernization of the existing pharmacies to increase market penetration
  • Based on end-use, the hospitals segment accounted for the largest share of over 50.0% in 2021 as hospitals are a crucial distribution channel between pharmaceutical companies and patients. The home care settings segment is anticipated to grow at the fastest rate of 20.2% over the forecast period due to the growing preference among older patients, rising costs of healthcare, and the convenience offered by the treatments at home
  • In 2021, North America dominated the market with a share of over 45.0% owing to the rising prevalence of CRDs in the region. In the U.S., more than 25 million people suffer from asthma. Asia Pacific is expected to expand at the fastest rate of 21.2% during the forecast period owing to rising incidence rates of COPD and asthma in developing nations such as China and India

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

Smart Inhalers Market Segmentation

Grand View Research has segmented the global smart inhalers market based on type, indication, distribution channel, end-use, and region:

Smart Inhalers Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Dry Powdered Inhalers (DPIs)
  • Metered Dose Inhalers (MDIs)

Smart Inhalers Indication Outlook (Revenue, USD Million, 2017 - 2030)

  • Asthma
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Others

Smart Inhalers Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Smart Inhalers End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospitals
  • Homecare Settings
  • Others

Smart Inhalers Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Smart Inhalers Market

  • H&T Presspart Manufacturing Ltd.
  • Personal Air Quality Systems Private Limited
  • COHERO Health Inc.
  • Cognita Labs
  • Adherium Limited
  • Amiko Digital Health Limited
  • Teva Pharmaceuticals Industries Ltd.
  • Propeller Health
  • Novartis AG
  • Pneuma Respiratory Inc.
  • 3M Health Care Limited
  • AireHealth, Inc.
  • FindAir Sp. z o.o

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, 12 June 2023

Expansion of eSIM Market During 2022– 2030 to Gain Robust Traction: Grand View Research Inc.

 eSIM Market Growth & Trends

The global eSIM market is expected to reach USD 15,464.0 million by 2030 at a CAGR of 8.5% from 2022 to 2030, according to a study conducted by Grand View Research, Inc. Technological developments in consumer electronic devices such as smartphones, laptops, tablets, wearables fueling the eSIM market growth. Furthermore, due to the small size of the chipset, eSIMs are likely to be widely used in smartphones. For example, in 2018, Apple, Inc. released an iPhone featuring dual SIM capabilities, including a Nano-SIM and an eSIM. Furthermore, Apple, Inc. has included eSIM in their tablet and watch series.

SIM cards with eSIMs are considerably smaller than those with physical SIMs. Chipsets are therefore smaller when integrated into devices. Device manufacturers benefit from eSIM technology since they can save space by eliminating the physical SIM card tray and SIM card slot. Thus, factors such as compact design specification and multiple carrier support of the eSIM are propelling the market growth.

The 5G technology is intended to deliver faster internet speeds and more network capacity. 5G is expected to provide download speeds of 1 gigabit per second while lowering latency to less than a millisecond. This is expected to have a beneficial impact on the eSIM market, expanding its acceptance across a range of cellular-enabled devices. As a result, network service providers and OEMs are overhauling their infrastructure in order to efficiently manage the connectivity and speed provided by 5G. eSIM technology, which can be easily integrated into smaller devices like fitness bands, wearables, and smartwatches, is the future of 5G.

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

eSIM Market Report Highlights

  • Due to connectivity subscriptions from M2M devices, the connectivity services segment held the greatest market share in 2021
  • The hardware segment is expected to attain a substantial CAGR throughout the forecasted period due to smartphone manufacturers' use of eSIM technology
  • Due to technological improvements and IoT connectivity among devices, the consumer electronics segment is expected to expand at a considerable CAGR of more than 9.6% throughout the forecast period
  • Europe is predicted to expand at a CAGR of 8.8% during the forecast period, owing to the presence of prominent market participants such as Giesecke+Devrient Mobile Security GmbH, Gemalto NV, and ARM Holdings

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

eSIM Market Segmentation

Grand View Research has segmented the global eSIM market based on solution, application, and region:

eSIM Solution Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware
  • Connectivity Services

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

  • Consumer Electronics
  • M2M

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

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

List of Key Players in eSIM Market

  • Infineon Technologies AG
  • NXP Semiconductors N.V.
  • STMicroelectronics
  • Deutsche Telekom AG
  • Giesecke+Devrient Mobile Security GmbH
  • Gemalto NV
  • ARM Holdings
  • KORE Wireless Group 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.

Dye Sublimated Apparel Market Poised to Garner Maximum Revenues During 2022– 2030: Grand View Research Inc.

 Dye Sublimated Apparel Market Growth & Trends

The global dye sublimated apparel market size is expected to reach USD 10.67 billion by 2030, registering a CAGR of 12.3% over the forecast period, according to a new report by Grand View Research, Inc. Increasing popularity of customized designers’ apparel with digital printing, slogans, ambition quotations, and photo works on clothes is among the major factor driving the growth of the industry. Furthermore, where apparel was previously worn for better comfort and product quality, clothes are now also considered a fashion accessory, where consumers have been looking for apparel to get unlimited design possibilities with full-color coverage with custom clothes, thereby driving the product demand.

Over the past few years, numerous companies have been offering products with advanced fabric technologies and enhanced features. These apparels are lightweight, versatile, and suitable for various work environments. For instance, Six Six Apparel, a U.S.-based company, provides a wide range of customized logo and design apparel with a permanent graphic imprint that does not crack or fade easily. In recent years, the dye sublimation printing technique has been increasingly adopted by many companies due to its high-quality photographic results. This technique utilizes thermal transfer to shift different amounts of colored dye pigments from a carrier film to the PVC printing surface, to which the dyes bond chemically.

Reduction in frictional resistance technology and improvements in the overcoat materials result in a reduction in the occurrence of wrinkles in clothes and ensure the breathability of clothes. Dye sublimated t-shirt segment accounted for the largest revenue share in 2021. With the increased popularity of sports in countries, such as China, India, and Germany, due to investments by governments in sports-related activities, the product demand is anticipated to increase in the years to come. Furthermore, sports teams and clubs of almost all sports have started to design and wear custom-designed t-shirts and jerseys with their unique logos and designs.

Various sporting clubs are following this trend to increase the visibility of their teams and to provide a unique appearance to their team players and fans. Major companies in the industry are trying to increase their presence in by expanding their production facilities in various regions. For instance, in May 2019, Gildan, a Canada-based company involved in the manufacturing of customized apparel via printing technologies, such as screen printing and sublimation, announced its plan to invest USD 45 million to purchase land in Bangladesh and establish two large textile facilities along with related sewing operations.

Request a free sample copy or view report summary: Dye Sublimated Apparel Market Report

Dye Sublimated Apparel Market Report Highlights

  • The global industry is growing on account of increasing spending on customized clothes with print photographs and gradient tones
  • In 2021, North America was the largest region. The awareness about sustainable products is growing significantly in this rising, due to which dye-sublimated apparel designers and manufacturers are putting efforts in including sustainably-sourced apparel in their portfolios
  • The t-shirts segment accounted for the largest share of the overall revenue in 2021. The segment growth is attributed to the high demand for custom t-shirts in the sports industry across the globe
  • Small format heat press emerged as the largest segment in 2021 and is projected to expand further at the fastest CAGR over the forecast period
  • Small-format heat press machines are ideal for hobbyists and small businesses. These are portable heat presses that transfer designs and patterns to small materials

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

Dye Sublimated Apparel Market Segmentation

Grand View Research has segmented the global dye sublimated apparel market on the basis of product, printing technique, distribution channel, and region:

Dye Sublimated Apparel Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Bottomwear
  • Hoodies
  • T-Shirts
  • Others

Dye Sublimated Apparel Printing Technique Outlook (Revenue, USD Million, 2017 - 2030)

  • Small Format Heat Press
  • Calendar Heat Press
  • Flatbed Heat Press
  • 3D Vacuum Heat Press

Dye Sublimated Apparel Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Online
  • Offline

Dye Sublimated Apparel 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 Dye Sublimated Apparel Market

  • Dad’s Printing
  • Inkwell Printing
  • Royal Apparel
  • TEXmarket
  • ASPECT
  • FUSH
  • Printful, Inc.
  • ALE CLOTHING
  • Emirates Apparel
  • Berunwear

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.

Sunday, 11 June 2023

Filtration & Drying Equipment Market Growth in the Coming Years

 Filtration & Drying Equipment Market Growth & Trends

The global filtration & drying equipment market size is anticipated to reach USD 2.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2022 to 2030. Growing demand from various end-user industries such as food and beverage, chemicals, and water and wastewater treatment are expected to propel the demand over the forecast period.

With the increasing pharmaceutical spending on R&D, adoption of various business strategies, and advanced technology, and the advantages offered by the filtration and drying equipment, such as high standards with varying temperature ranges and types, that are being increasingly adopted in the pharmaceutical industry, boosting market growth over the forecast period.

Rising investment in the food and beverage industry along with the surge in government schemes initiatives has increased the demand for filtration and drying equipment with maximum demand by the urban population. Other factors attributing to the growth of the market are improved system efficiency and reduced downtime, and growing use against hazardous and corrosive environments.

Initiatives such as easing import restrictions, signing international bilateral agreements, and loosening restrictions on foreign investments are expected to contribute to the growth of various sectors such as pharmaceutical, chemical, and food and beverage. This is ultimately leading to increased demand for filtration and drying equipment that is used in the above-mentioned sectors.

The demand for filtration and drying equipment is driven by the rising demand for sophisticated medications for the treatment of chronic illnesses such as arthritis, cancer, and diabetes. To secure the containment of potentially dangerous compounds and avoid product contamination, bioprocess industries require exceptionally high-quality filtration and drying equipment.

Companies such as GMM Pfaudler, HLE Glascoat and HEINKEL Process Technology GmbH. are undertaking strategic acquisitions, partnerships, and product launches to strengthen their product portfolio. For instance, in May 2022, HLE Glascoat launched commercial production at the Silvassa unit to further enhance filtration & drying equipment capacity.

Request a free sample copy or view report summary: Filtration & Drying Equipment Market Report

Filtration & Drying Equipment Market

  • The agitated nutsche filter-dryer segment led the market and accounted for 50.4% of the global revenue share in 2021. It is used in applications such as pharmaceuticals, dyes, textiles, and chemicals and is a combination of filter & dryer units in a single piece of equipment
  • The demand for filtration and drying equipment in the pharmaceuticals segment accounted for 31.4% of the global market in 2021 as it is widely used in the pharmaceuticals industry for the bulk production of drugs and biological products
  • The product demand in the food and beverage segment accounted for 10.8% of the global market share in 2021 as they reduce the contamination of final products by eliminating impurities of food & beverages manufactured
  • Asia Pacific is estimated to witness a CAGR of 9.5% over the forecast period owing to the rising demand for filtration and drying equipment in various end-use sectors such as pharmaceutical, chemical, food and beverage, and water and wastewater treatment
  • The market is competitive in nature due to the presence of multinationals operating in the industry. It is characterized by the presence of a significant consumer base with the companies operating their business through dedicated distribution networks. 

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

Filtration & Drying Equipment Market Segmentation 

Grand View Research has segmented the global filtration & drying equipment market based on technology, end-use, and region:

Filtration & Drying Equipment Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Centrifuges
  • Agitated Nutsche Filter-Dyers (ANFD)
  • Others

Filtration & Drying Equipment End-Use Outlook (Revenue, USD Million, 2017 - 2030)

  • Pharmaceutical
  • Chemicals
  • Water & Wastewater Treatment
  • Food & Beverage
  • Others

Filtration & Drying Equipment Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Filtration & Drying Equipment Market

  • GMM Pfaudler
  • Tsukishima Kikai Co., Ltd.
  • HEINKEL Process Technology GmbH
  • Jaygo Incorporated
  • Amar Equipment Pvt. Ltd.
  • Shree Bhagwati Machtech (India) Pvt. Ltd.
  • Powder Systems Limited
  • HLE Glascoat

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, 9 June 2023

North America Biodegradable Plastic Market to Register Stable Expansion During 2022– 2030: Grand View Research Inc.

 North America Biodegradable Plastic Market Growth & Trends

The North America biodegradable plastic market size is expected to reach USD 2,333.1 million by 2030, registering a CAGR of 9.6% during the forecast period, according to a new report by Grand View Research, Inc. With rising concerns about the use of plastics, an increase in demand for alternatives used for plastics has been observed in the market. With the pace of innovation and new product development, manufacturers in the market are shifting their focus toward the development of biodegradable plastics. Companies are continuously developing product lines using biodegradable and recycled materials to address the concerns regarding the toxic effects of plastic waste. A large number of small and medium-scale businesses have committed to using recycled or sustainably sourced materials by a specific time frame.

This shift has further gained pace since the outbreak of the coronavirus as it has severely affected consumer buying behavior and their preference when choosing products and services. Consumers are now more conscious of the environmental impact, recyclability, and decomposition time in landfills of the products. This is likely to compel customers to buy products made from biodegradable plastics over those made from conventional plastics.

Even though biodegradable plastics are gaining popularity all over the world, their high cost as compared to conventional plastics is the major factor restraining the market growth. Currently, low prices of conventional plastics are making biodegradable plastics difficult to achieve competitive pricing. Apart from the cost, the lack of infrastructures such as waste collection and composting is an uphill challenge. The average price of biodegradable plastics ranges between USD 3.35 and USD 4.69 per kg, which is slightly costlier than that of other conventional polymers.

Although biodegradable plastics have several advantages over conventional plastics, they cannot be used to completely replace petroleum-based plastics owing to the low durability of biodegradable plastics. The cost of machinery and molds needed for the production of biodegradable plastics products is high. The manufacturing of biodegradable plastics products requires advanced technology with highly skilled labor to handle the same. The high initial investment is projected to challenge the market growth during the forecast period.

Request a free sample copy or view report summary: North America Biodegradable Plastic Market Report

North America Biodegradable Plastic Market Report Highlights

  • In terms of revenue, the polybutylene adipate Terephthalate (PBAT) type accounted for a prominent share of the market in 2021 and is further expected to witness prominent growth during  the forecast period owing to its excellent toughness and high flexibility compared to its counterparts are paving way for its use in industries such as packaging, medical, and agriculture
  • Consumer goods application is one of the key segments of the biodegradable plastics market in North America. The key consumer goods considered under this segment are electronic devices, household appliances, and others. Several products such as vacuum cleaners, loudspeakers, touchscreen computer casings, and mobile casings are also developed from the biodegradable plastics
  • As of 2021, theU.S. accounted for more than 80.0% of the market share in terms of revenue. The U.S. biodegradable plastics market has been witnessing a significant rise in demand owing to the increasing usage of biodegradable plastics for medical applications. Biodegradable plastics such as PLA are being increasingly used for manufacturing personal protection equipment such as masks, face shields, and other medical equipment
  • The North America biodegradable plastics market is fragmented with the presence of various major players along with some small and medium-sized regional players. The North American players face intense competition from each other as well as from regional players having a well-established supply chain network and are aware of the regulations and suppliers across markets
  • Companies in the market compete based on the quality of products offered and the technology used for the production of biodegradable plastics. Major players are involved in mergers & acquisitions, expansion of their manufacturing facilities, infrastructural development, investment in the research & development facilities, and seeking opportunities to vertically integrate their operations across the value chain.

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-biodegradable-plastic-market-analysis

North America Biodegradable Plastic Market Segmentation

Grand View Research has segmented the North America biodegradable plastic market based on the product, application, and country:

North America Biodegradable Plastic Product Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • Starch-based
  • Polylactic Acid (PLA)
  • Polybutylene Succinate (PBS)
  • Polybutylene Adipate Terephthalate (PBAT)
  • Polyhydroxyalkanoates (PHA)
  • Polycaprolactone

North America Biodegradable Plastic Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • Packaging
  • Agriculture
  • Consumer Goods
  • Textile
  • Others

North America Biodegradable Plastic Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • North America
    • US.
    • Canada

List of Key Players of North America Biodegradable Plastic Market

  • BASF SE
  • Eastman Chemical Company
  • Cargill, Incorporated
  • SABIC
  • Dow, Inc.
  • Danimer Scientific
  • Yield10 Bioscience, Inc.
  • Nature Works LLC
  • ENSO Plastics
  • Green Dot Bioplastics, 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.

Headset Market is Likely To Touch USD 558,892.0 Million by 2030: Grand View Research Inc.

 Headset Market Growth & Trends

The global headset market is expected to reach USD 558,892.0 million by 2030, registering a CAGR of 31.9% during the forecast period, according to a study conducted by Grand View Research, Inc. The headset market is driven by advanced products including smartphones, smart television, and more. It is continuously evolving in nature. The increasing consumer demand for higher fidelity and style is anticipated to favorably impact the market growth. Furthermore, fitness and sports enthusiasts are becoming more interested in wearable technology thanks to the introduction of innovative sports and fitness wearable equipment. A number of OEMs are offering groundbreaking features in headsets, such as fitness tracking and monitoring.

The COVID-19 outbreak in 2021, led to remote and hybrid work culture which spurred demand for headsets. With new usage scenarios deployed in several industries, including education, healthcare, and government, the pandemic has strengthened the paradigm shift toward "work from anywhere" or hybrid/flexible working, creating long-term opportunities for the headset market. Demand for the headset has risen amidst the pandemic, but the overall market remains negatively impacted due to the disruptions in the supply chain.

Increasing headset adoption during the workout is expected to drive global market growth during the forecasted period. Besides, manufacturers target fitness-conscious customers by offering innovative features such as fitness monitoring & tracking in headsets. For example, the BioSport Audio in-ear headphones powered by Intel provide health monitoring functions that require no special chargers or batteries. BioSport relies on built-in sensors and unique software to operate as a pedometer, heart monitor, and other biometrics. Besides, the headset software is designed in a way through which a user can plan, monitor, and execute fitness activities via a mobile application.

A majority of customers seek fashionable and trendy-looking products. Future, headset success will not only depend on the technology but also on the appearance and design that suit the customer's values and promotes his/her individuality. A trendy product can penetrate all three existing segments, including low-range, mid-range, and high-range products. As a result of the need for fashionable designs, wireless headsets have become increasingly popular.

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

Headset Market Report Highlights

  • Growing demand for better communications in the commercial application segment, particularly in corporations and call centers, is likely to considerably contribute to industry growth. The commercial headset market is expected to expand at a CAGR of 22.3% from 2022 to 2030
  • In 2021, wired technology accounted for a 52.2% share of the total market. However, a growing preference for wireless devices due to their ease of use is expected to fuel growth in the wireless technology segment
  • The in-ear headset market is expected to gain traction during the forecast period. Miniaturization, portability, and better comfort are the key advantages offered by in-ear headsets. The segment is likely to reach USD 552,571.2million by 2030, growing at a CAGR of 32.8% from 2022 to 2030
  • Due to recent technological advancements, on-ear headphones have become more popular and improved in quality. Also, more vendors are adding on-ear headphones to their portfolios within the U.S. earphones and headphones market
  • United States, Canada, and Mexico maintained the largest market share for headsets worldwide. Among the most important growth factors in the market are high-income citizens, new technology, and ongoing technological innovation. Revenue-wise, North America dominates the world market and is predicted to maintain this dominance throughout the forecasted period 

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

Headset Market Segmentation

Grand View Research has segmented the global headset market based on the type, price band, connectivity, application, and region:

Headset Type Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • In-ear
  • Over-ear

Headset Price Band Type Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Below USD 50
  • USD 51-150
  • USD 151-350
  • Over USD 351

Headset Connectivity Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Wired
  • Wireless

Headset Application Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Personal
  • Commercial

Headset Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

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

Some of the prominent players in global Headset Market include

  • Alclair Audio, Inc.
  • Bose Corporation,
  • JVC Kenwood Corporation
  • Apple, Inc
  • Harman International Industries
  • Incorporated
  • Grado Labs
  • Shure Incorporated
  • Koninklijke Philips N.V. (Philips)
  • Logitech, Inc., (Logitech International SA.)
  • Panasonic Corporation
  • Plantronics, Inc.
  • Sennheiser electronic GmbH & Co. KG (Sennheiser).
  • Sony Corporation
  • Shenzhen Cannice Technology Co., Ltd.
  • Skull candy, Inc.
  • Ultimate Ears, and LLC (Logitech)
  • Zebronics India Pvt., 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.

Thursday, 8 June 2023

True Wireless Stereo Earbuds Market Set to Witness an Uptick during 2022 to 2030: Grand View Research Inc.

 

True Wireless Stereo Earbuds Market Growth & Trends

The global true wireless stereo earbuds market size is expected to reach USD 563.2 billion by 2030, registering a CAGR of 34.9% from 2022 to 2030, according to a study conducted by Grand View Research, Inc. True wireless stereo (TWS) earbuds are integrated with advanced features such as active noise-cancellation technology, AI translation function, high-resolution audio, 3D sound technology, heart rate sensor which is attracting consumers. Thus, increasing consumers’ preference for true wireless stereo earbuds over traditional earphones is expected to drive global market growth. Additionally, rapid technological advancements by earbud manufacturers to provide a better music listening experience are expected to support the growth of the target market. For instance, in July 2021, Boat introduced new true wireless earbuds called Boat Airdopes 501 ANC with Bluetooth 5.2 technology, hybrid Active noise cancellation technology, and better charging support.

True wireless earbuds are gaining traction in the healthcare industry due to the addition of new hearing aid features by manufacturers. Companies like Nuheara Limited, and Apple Inc., have introduced ear id personalization features in their earbuds with the help of microchips. The presence of a microchip enables a user to build a unique sound based on an individual’s ear profile and listening capability. For instance, in August 2021, Jabra launched Jabra’s enhance plus, the latest pair of truly wireless earbuds that can help people with “mild-to-moderate” hearing loss.

The demand for TWS earbuds increased due to the pandemic as many people stayed at home during the lockdown. The work-from-home requirements imposed during the COVID-19 pandemic have also accelerated the demand for wireless earbuds. For instance, in May 2020, according to a report published by InMobi Pulse published that the age group of 25-34 in India relies on technology and is tech-savvy to complete their work and entertain themselves to stay connected digitally.

The shortage of microchips has elevated the gap between the demand and supply of various electronic products. It has caused massive damage as firms worldwide failed to meet the increasing demand for a broad range of electronic components. This is expected to impact consumers immediately through unprecedented challenges such as rising prices and increasing lead times that can be a restraint for market growth.

Request a free sample copy or view the report summary: True Wireless Stereo Earbuds Market Report

True Wireless Stereo Earbuds Market Report Highlights

  • The USD 100–199 price band segment led the global market in 2021 and is projected to expand further at a steady CAGR over the forecast period. The rising adoption of entry-level devices is expected to play an important role in driving the segment growth
  • North America led the largest revenue share of more than 35% by early technology adoption and a high level of attention paid to health and fitness during the pandemic.
  • Several companies, including Skullcandy.com, Apple Inc., Sony Corp., and Bose Corp., hold a significant share of the overall market, and the market for TWS earbuds is highly aggressive. Mainly, these companies focus on enhancing the acoustic feel of their products with new features.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-true-wireless-stereo-earbuds-market

True Wireless Stereo Earbuds Market Segmentation

Grand View Research has segmented the global true wireless stereo earbuds market based on price band, and region:

True Wireless Stereo Earbuds Price Band Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Below USD 100
  • USD 100 - 199
  • Over USD 200

True Wireless Stereo Earbuds Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in True Wireless Stereo (TWS) Earbuds Market

  • Apple, Inc.
  • Bose Corp.
  • Jabra
  • Harman International Industries, Inc.
  • Sony Corp.
  • Sennheiser Electronic GmbH & Co.
  • Xiaomi

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.

Edge Analytics Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Edge Analytics Market Growth & Trends

The global edge analytics market size is expected to reach USD 39.54 billion by 2030, registering a CAGR of 23.57% from 2022 to 2030, according to a new study by Grand View Research, Inc.Many industrial organizations use the Internet of Things (IoT) to monitor manufacturing machinery, pipelines, and equipment. The IoT generates and stores data that might be challenging to manage and interpret in real-time. The data from IoT devices is delivered into edge analytics to be processed and understood. Analytics algorithms assist humans in determining which data is required and which is unnecessary.

The proliferation of vast amounts of data with the aid of connected devices is driving market expansion, real-time intelligence acting as a catalyst for the growth of edge analytics on network devices, and adopting edge analytics enhancing scalability and cost optimization. Analytical computing is performed at the device's edge rather than waiting for data to be retrieved back at a centralized storage system and then imply analytical application. Furthermore, the manufacturing industry can make substantial use of edge analytics for operations. For example, in smart production lines, edge analytics can highlight manufacturing errors, packing, and so on in real-time.

North America is anticipated to attain a larger market share in the edge analytics market, predictive analytics has gained immense importance and will increase the adoption of edge analytics solutions with a higher concentration of industrial and telecommunication industries. Owing to the rise in connection of IoT devices, the regional market has witnessed a surge in the adoption rate of edge analytics solutions across all verticals. Additionally, edge analytics can be implemented to keep better track of the health of equipment, output rate, and empower the manufacturing plant to deal with any last-minute problems in production.

Edge Analytics provides the same capability as a traditional analytics tool, except where the analytics are conducted. The key distinction is that edge analytics programmers must run on edge devices that may be limited in storage, computing power, or connection. Digitization has been the driving force behind the most recent revolutions. Companies have long struggled with how to extract relevant insights from the millions of nodes of data created each day by IoT-connected devices. The amount of linked gadgets, from a smartwatch to a smart speaker, is increasing the volume of data to be mined. Many new technologies, like as AI and Big Data, have become indispensable for gathering insights.

North America will gain a larger market share in the edge analytics market due to an increase in the need for predictive analytics, which will increase the adoption of edge analytics solutions with a higher concentration of industrial and telecommunications industries. With the rise of IoT, there has been a surge in interest in edge analytics. For many firms, streaming data from different IoT sources produces a massive data repository that is challenging to manage. 

Request a free sample copy or view the report summary: Edge Analytics Market Report

Edge Analytics Market Report Highlights 

  • Predictive analytics has been a major force behind analytics, and it is presently being implemented at the network's edges to deliver analytics at the edge, allowing it to achieve a CAGR of 24.0% from 2022 to 2030
  • As per the deployment model cloud gain a significant share and lead the market by acquiring around 44.0% market share in 2021
  • During the forecast period, the IT and telecommunications industry is predicted to have the greatest growth rate in the edge analytics market. The telecommunications business is rapidly introducing cutting-edge analytical solutions
  • North America is projected to attain a market share of around 29.0% in 2030, this is due to the technological investment and advancement from the key manufacturers of the region

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

Edge Analytics Market Segmentation

Grand View Research has segmented the global edge analytics market based on type, component, deployment model, application, end-use, and region: 

Edge Analytics Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Descriptive Analytics
  • Diagnostic Analytics
  • Predictive Analytics
  • Prescriptive Analytics

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

  • Solution
  • Service

Edge Analytics Deployment Model Outlook (Revenue, USD Million, 2018 - 2030)

  • On-premises
  • On-cloud

Edge Analytics Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Marketing & Sales
  • Operations
  • Finance
  • Human Resources
  • Others (Remote Monitoring, Smart Grid, Hospitality, etc.)

Edge Analytics End-Use Outlook (Revenue, USD Million, 2018 - 2030)

  • IT & Telecom
  • BFSI
  • Manufacturing
  • Healthcare
  • Retail
  • Transportation & Logistics
  • Government
  • Energy & Utilities
  • Others (Agriculture, Media & Entertainment, etc.)

Edge Analytics Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Edge Analytics Market

  • Amazon Web Services Inc.
  • Cisco Systems Inc.
  • Databricks
  • Dell Statistica
  • EdgeConneX Inc.
  • Evolv Component
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • Intel Corporation
  • Microsoft
  • Oracle Corporation
  • PTC
  • SAP HANA

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.

Enameled Cookware Market to Reach USD 2.89 Billion by 2030: Grand View Research Inc.

 Enameled Cookware Market Growth & Trends

The global enameled cookware market is expected to reach USD 2.89 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2022 to 2030 The demand for enameled cookware in the commercial and residential sectors is increasing as modular kitchens become more popular and living standards develop. Due to growing consumer preference for modular kitchens, the increase in spending on home improvement projects or kitchen remodeling is also boosting product demand.

Since people are more likely to spend more time at home owing to the lockdown than on vacation, the residential sector is projected to benefit from the pandemic. In addition to experimenting with new dishes at home, consumers are also attempting to get better at cooking. As a result of the coronavirus outbreak, more people are cooking at home because they wish to keep their food fresh and from being exposed to the outside world which in turn has increased demand for cookware worldwide.

The pans segment of the enameled cookware market is dominated in terms of products, and it is anticipated that it would hold the largest market share during the projection period. Enameled pans are often used to cook large salmon fillets, pan-fried hamburgers, and thick-cut steaks as they get nicely cooked and browned in such pans.

Europe held the largest market share in 2021, owing to the continuous expansion of the residential sector on account of the increasing number of households. Additionally, major home improvement projects undertaken by consumers in the region, are boosting the demand for premium cookware. Consumers in the region are likely to invest in high-end cookware, which complements their kitchen décor.

The key players of enameled cookware are putting a high priority on research and development as well as innovations to meet the need for sauté pans, roasting pans, frying pans, stockpots, and skillets. Further growth in online shopping is expected in the coming years. Hence, companies in the market are focusing on gaining market share by extending their reach through the direct-to-consumer business channel. For instance, in June 2020, Cuisinart launched its own e-commerce website that retails approximately 200 products and 1,500 replacement parts from the company’s portfolio.

Request a free sample copy or view the report summary: Enameled Cookware Market Report

Enameled Cookware Market Report Highlights

  • Enameled cookware was valued at USD 1,660.4 million in 2021 and is expected to register a CAGR of 6.3% over the forecast period. Cookware made of enameled cast iron is safe and hygienic to use. Easy cooking is attained by an enamel coating that makes surfaces non-stick and keeps food from sticking to the bottom
  • The ovens segment is expected to witness substantial growth over the forecast period with a CAGR of 7.5% from 2022 to 2030. Enameled ovens made of cast iron perform pretty much the same as bare cast iron in terms of heat retention and distribution. However, enameled cast iron does not need to be seasoned. It also is a lot easier to clean and requires no maintenance
  • The commercial segment is expected to witness substantial growth over the forecast period with a CAGR of 7.0% from 2022 to 2030. Cookware made of enameled cast iron is ideal for all types of stovetops and heat sources. It can also be used as a serving dish at the table and for storing perishable food
  • The offline segment was valued at USD 1,150.7 million in 2021 and is expected to register a CAGR of 5.8% over the forecast period. More individuals are choosing to purchase cookware from offline retailers like hypermarkets and specialty shops since it typically has aspects like size, color, and heat-resistant qualities that are best purchased after checking. This crucial element fuels the offline segment's growth in the enameled cookware market
  • Europe region was valued a USD 622.5 million in 2021 and is expected to reach USD 1,041.1 million by 2030. Growing urbanization and increasing expenditure on home renovation projects are driving the demand for enameled cookware in this region
  • Le Creuset France SAS one of the key players, announced the launch of a new color, Rhone, in its cookware sets. The black satin interior enamel of the product is specially designed for handling high heat and gains seasoning over time like a traditional cast-iron pan

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

Enameled Cookware Market Segmentation

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

Enameled Cookware Product Outlook (USD Million; 2017 - 2030)

  • Ovens
  • Pots
  • Pans
  • Bakery Tray
  • Others

Enameled Cookware Application Outlook (USD Million; 2017 - 2030)

  • Residential
  • Commercial

Enameled Cookware Distribution Channel Outlook (USD Million; 2017 - 2030)

  • Online
  • Offline

Enameled Cookware Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players in Enameled Cookware Market

  • Le Creuset France SAS
  • Staub Fonderie SA
  • Lodge Manufacturing Company
  • Tramontina USA Inc.
  • Cuisinart
  • Williams-Sonoma Inc.
  • Vermicular
  • Country Door
  • Camp Chef
  • The Coleman Company, 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.

Wednesday, 7 June 2023

Organic Rankine Cycle Market to Reflect a Holistic Expansion During 2023 to 2030: Grand View Research Inc.

 

Organic Rankine Cycle Market Growth & Trends

The global organic rankine cycle market size is expected to reach USD 1,073.24 million by 2030, growing at 3.3% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Rise in adoption of renewable energy in countries such as the U.S., China, Germany, and Canada continue to make way for progressive legislations and provide financial incentives for the deployment of renewable energy. Financial incentives such as feed-in-tariffs, subsidies, and tax benefits are some of the major tools utilized by countries around the world to attract investment in the renewable energy sector. These factors are likely to propel the market’s growth in the near future.

The supply chains of spare parts for organic rankine cycle (ORC) systems are significantly affected due to the shutdown of production facilities. The manufacturing of most components in the energy & power sector has slowed down considerably. In addition, local and international travel restrictions, quarantine requirements, and lockdowns have caused delays in shipments of already manufactured parts to be supplied to the distributors and end-users. ORC manufacturers usually have access to an adequate supply of critical parts, devices, components, and materials for emergencies. But these firms are faced with increasing bottlenecks due to the limited production of supplies in countries, severely affected by COVID-19.

The geothermal segment led the market and accounted for the largest revenue share in 2021. The major reason for the dominance of the geothermal segment is due to the large megawatt capacity of these geothermal projects as compared to other application segments. The other segment includes biomass, waste heat recovery, and solar thermal. Each geothermal project holds a capacity of more than 10 MW. On the other hand, ORC-based projects in other application segment hold a capacity of 1 to 2 MW on average.

The global ORC market is a concentrated market wherein major companies such as Ormat, Turboden, and Exergy accounted for more than 75% market share in 2020. These companies apart from equipment supply are also focused on providing EPC and long-term maintenance services to increase their market share. This factor is expected to make these companies hold their dominance in the ORC market during the forecast period.

Request a free sample copy or view report summary: Organic Rankine Cycle Market Report

Organic Rankine Cycle Market Report Highlights

  • Geothermal held the largest market share of 60.58% in the application segment in 2022. Geothermal projects are usually of higher capacity. Due to this, the ORC market exhibited higher growth potential for geothermal application in 2022
  • As of 2022, Europe accounted for 33.51% of revenue share. The region has been one of the front runners in implementing favorable policies and support mechanisms for the growth of renewable energy and energy efficiency projects across the globe
  • Various strategic initiatives were implemented over the past few years to boost the growth of the market. For instance, in June 2022, EXERGY International and Japan’s Geothermal Development & Investment Inc., a subsidiary of GPSS Group, entered into a partnership for the distribution of turnkey geothermal power plants in Japan using Organic Rankine Technology

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

Organic Rankine Cycle Market Segmentation

Grand View Research has segmented the global organic rankine cycle market based on application and region:

Organic Rankine Cycle (ORC) Application Outlook (Revenue, USD Million, MW, 2018 - 2030)

  • Waste Heat Recovery
    • Petroleum Refinery
    • Chemical
    • Glass
    • Cement
    • Metal Production and Casting (Iron & Steel)
  • Biomass
  • Geothermal
  • Solar Thermal
  • Oil & Gas (Gas Pipeline Pressure Stations)
  • Waste to Energy

Organic Rankine Cycle (ORC) Regional Outlook (Revenue, USD Million, MW, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • Turkey
    • Italy
  • Asia Pacific
    • China
    • Japan
    • Thailand
  • Central & South America
  • Middle East & Africa

List of Key Players of Organic Rankine Cycle Market

  • Turboden S.p.A.
  • Exergy International Srl
  • Zhejiang Kaishan Compressor Co., Ltd.
  • Enogia SAS
  • Triogen
  • Calnetix Technologies, LLC
  • ABB
  • Atlas Copco AB
  • TAS Energy Inc. (TAS)
  • Elvosolar, a.s.

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...