Wednesday, 9 August 2023

5G In Healthcare Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 5G In Healthcare Market Growth & Trends 

The global 5G in healthcare market size is expected to reach USD 454.7 billion by 2030, based on a new report by Grand View Research, Inc, expanding at a CAGR of 34.5% from 2022 to 2030. The IoT ecosystem is developing and is expected to enable networks to connect billions of devices. The demand for a real-time network with faster internet access and greater bandwidth has been driven by the development of modern technologies such as artificial intelligence, wired, and wireless communications, and machine learning. Moreover, the market is driven by the increasing demand for wearable medical devices incorporated with 5G technology for real-time remote patient monitoring and the rising acceptance of robotic surgery and telehealth.

5G In Healthcare Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 42.44 billion

Revenue forecast in 2030

USD 454.7 billion

Growth rate

CAGR of 34.5% from 2022 to 2030

Base year for estimation

2021

Historical data

2017 - 2020

Forecast period

2022 - 2030

The COVID-19 pandemic had a positive impact on the market owing to the adoption of telehealth and remote patient monitoring by medical professionals, medical institutions, and hospitals during the pandemic to monitor isolated COVID-19 patients and stop the further spread of the virus by monitoring patients through remote patient monitoring methods. Since the integration of several low-power devices is required for patient remote monitoring, 5G services can be effectively used to develop a proper remote monitoring infrastructure for patients. Furthermore, government bodies and hospitals made efforts to deploy 5G during the COVID-19 pandemic. For instance, in February 2020, the U.S. Veterans Affairs (VA) Healthcare System deployed 5G in the hospital to treat patients using remote patient monitoring and promote the use of telemedicine.

The key players are adopting strategies such as partnerships, mergers and acquisitions, product and service launches, agreements, joint ventures, collaborations, and expansion to strengthen their position in the market. In February 2020, China's first 5G-capable remote emergency rescue system was constructed by the Second Affiliated Hospital of Zhejiang University School of Medicine and China Mobile Zhejiang. This system consists of many supporting technologies, including VR immersive diagnosis and therapy, 5G-enabled remote ultrasonography, and a 5G-enabled emergency rescue command center.

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5G In Healthcare Market Report Highlights

  • The hardware component segment held the largest revenue share of over 70.0% in 2021 owing to the need for frequent replacement or up-gradation of the devices to make optimal use of the latest technologies in the market
  • The services component segment is anticipated to expand at the fastest CAGR of 35.7% from 2022 to 2030. The growth is attributed to the need for improved mobile broadband and greater frequencies offered by 5G services
  • Based on the application, the remote patient monitoring segment accounted for the largest revenue share of over 60.0% in 2021 owing to the rising geriatric population and a rise in the demand for remote health checkups. Remote patient monitoring is critical for chronic management and efficient and proactive healthcare service
  • The connected medical devices application segment is expected to register the fastest growth rate from 2022 to 2030 owing to increased demand for medical devices by consumers for daily health tracking, the rise in demand for telehealth devices, and the increasing trend of home healthcare
  • In 2021, the healthcare providers end-use segment dominated the market with a revenue share of over 60.0% due to the growing patient volume and an increasing number of hospitals and ambulatory care centers
  • The healthcare payers' end-use segment is anticipated to expand at the fastest growth rate of 35.4% over the forecast period. Payers include both public and commercial insurance companies. The growth of the segment is fueled by an increase in the number of policyholders for health insurance due to the COVID-19 pandemic
  • North America held the largest revenue share of over 35.0% in 2021 owing to the government initiatives for the deployment of 5G in healthcare and increasing penetration of 5G-enabled medical devices
  • Asia Pacific is expected to register the fastest growth rate of 36.6% from 2022 to 2030 owing to government initiatives for the deployment of 5G in healthcare. For instance, the government of India launched a special incentive scheme to support 75 startups in telemedicine and digital health in 2021 

Access Press Release@ https://www.grandviewresearch.com/press-release/global-5g-healthcare-market

5G In Healthcare Market Segmentation

Grand View Research has segmented the global 5G in the healthcare market based on component, application, end-use, and region: 

5G In Healthcare Component Outlook (Revenue, USD Billion, 2017 - 2030)

  • Hardware
  • Services

5G In Healthcare Application Outlook (Revenue, USD Billion, 2017 - 2030)

  • Remote Patient Monitoring
  • Connected Medical Devices
  • AR/VR
  • Connected Ambulance
  • Asset Tracking

5G In Healthcare End-Use Outlook (Revenue, USD Billion, 2017 - 2030)

  • Healthcare Providers
  • Healthcare Payers

5G In Healthcare Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of 5G In Healthcare Market

  • AT&T
  • Verizon
  • China Mobile International Limited
  • Quectel
  • Telit
  • Telus
  • Huawei Technologies Co., Ltd.
  • Cisco System Inc.
  • Orange
  • NEC Corporation

About Grand View Research

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

Event Management Software Market Forecast 2028: Top Companies, Trends and Growth Factors Details for Business Development

 Event Management Software Market Growth & Trends

The global event management software market size is anticipated to reach USD 14.48 billion by 2028, registering a CAGR of 12.5% from 2021 to 2028, as per the research conducted by Grand View Research, Inc. The growing popularity of cloud-based solutions and the increasing preference for hosting virtual events are some of the major factors that are anticipated to drive the growth of the market over the forecast period. Given the growing reliance of organizations on a dedicated IT infrastructure to improve business productivity, cloud-based managed services are emerging as a cost-effective alternative for organizations, which bodes well for the growth of the market. The availability of various subscription-based pricing models is also expected to contribute to the growth of the market.



Event Management Software Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 6.36 billion

Revenue forecast in 2028

USD 14.48 billion

Growth Rate

CAGR of 12.5% from 2021 to 2028

Base year for estimation

2020

Historical data

2018 - 2019

Forecast period

2021 - 2028

The outbreak of the COVID-19 pandemic has been particularly driving the adoption of event management software. Lockdowns imposed in different parts of the world as part of the efforts to arrest the spread of coronavirus have affected several industries and industry verticals. Several small, medium and large enterprises have adopted the work-from-the-home working model to protect their employees in the wake of the outbreak of the pandemic. On the other hand, educational institutions and corporates are particularly resorting to virtual events, which is typically driving the demand for event management software.

The key players in the market include Cvent Inc.; Aventri Inc.; Eventbrite; and Zoho Corporation. These market players are majorly focusing on strategic partnerships and collaborations to enhance their business operations. For instance, in June 2018, Eventbrite, a ticketing and event management company based in the U.S., and Elrow Family, a party series and event concept company based in Barcelona, Spain, entered into a multi-year ticketing partnership, which envisaged Eventbrite handling the ticketing requirements of over 100 festivals and shows under the Elrow brand. The festivals and shows under the Elrow brand attract more than 2.4 million attendees every year.

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Event Management Software Market Report Highlights

  • The software segment is expected to dominate the market over the forecast period, owing to the continued adoption of event management software by various small and large enterprises across the globe. The segment is expected to reach USD 9,10 billion by 2028
  • The managed service segment is anticipated to expand at the highest CAGR of 14.3% over the forecast period
  • The deployment and integration segment accounted for a market share of over 45.0% in 2020 and is anticipated to reach USD 1.59 billion by 2028
  • The cloud segment is expected to dominate the market over the forecast period and reach USD 9.54 billion by 2028
  • The corporate segment is anticipated to register the highest CAGR of 13.2% over the forecast period in line with the growing preference among corporates for technologically advanced solutions to host virtual events
  • North America is projected to account for the largest market share over the forecast period. The regional market is anticipated to reach USD 6.21 billion by 2028 driven by the presence of several prominent players in the region and the rapid adoption of technologically advanced solutions
  • Some of the prominent market participants include Cvent Inc.; Eventbrite; Zoho Corporation; and Aventri Inc.

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

Event Management Software Market Segmentation

Grand View Research has segmented the global event management software market based on component, service, professional service, deployment type, organization size, application, and region:

Event Management Software Component Outlook (Revenue, USD Million, 2018 - 2028)

  • Software
  • Service

Event Management Software Service Outlook (Revenue, USD Million, 2018 - 2028)

  • Professional Service
  • Managed Service

Event Management Software Professional Service Outlook (Revenue, USD Million, 2018 - 2028)

  • Consulting
  • Deployment & Integration
  • Support & Maintenance

Event Management Software Deployment Type Outlook (Revenue, USD Million, 2018 - 2028)

  • On-premise
  • Cloud

Event Management Software Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

  • Small & Medium Enterprise
  • Large Enterprise

Event Management Software Application Outlook (Revenue, USD Million, 2018 - 2028)

  • Event Organizers & Planners
  • Corporate
  • Government
  • Education
  • Others

Event Management Software Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Event Management Software Market

  • Aventri Inc.
  • Cvent Inc.
  • Eventbrite
  • Zoho Corporation

About Grand View Research

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

Healthcare Powered Air Purifying Respirator Market is Expected to Amplify USD 381.7 Million Value by 2028: Grand View Research Inc.

 Healthcare Powered Air Purifying Respirator Market Growth & Trends

The global healthcare powered air purifying respirator market size is expected to reach USD 381.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.0% from 2019 to 2028. The rising focus on hygiene in healthcare facilities to reduce Healthcare-associated Infections (HAIs) is expected to have a positive impact on the growth of the market.

HAIs can occur in patients while receiving healthcare treatments for any medical condition in healthcare facilities. These infections can be associated with surgeries and/or medical devices used during medical or surgical procedures. To avoid these infections, the use of healthcare Powered Air Purifying Respirator (PAPR) by doctors and healthcare workers has registered a rapid increase.

Healthcare Powered Air Purifying Respirator Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 301.6 million

Revenue forecast in 2028

USD 381.7 million

Growth Rate

CAGR of 10.0% from 2019 to 2028

Base year for estimation

2020

Historical data

2017 - 2020

Forecast period

2019 - 2028

PAPRs are required to reduce the risk of exposure to secretions, bodily fluids, and excretions, during the healthcare professionals engaged in taking care of the patients. The demand for PAPR in the healthcare industry is expected to grow to protect healthcare professionals and patients from infections.

Companies are investing in research and development centers to develop and introduce new products in the market. For instance, in February 2019, Bullard opened a new research and development facility in Lexington, Kentucky, U.S. This center will focus on the development of next-generation products for the company’s customers.

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Healthcare Powered Air Purifying Respirator Market Report Highlights

  • The half mask segment dominated the market and accounted for 55.4% of the global revenue share in 2020 owing to its enhanced protection in comparison to N95 masks as it comprises P100 high-efficiency filters or High-Efficiency Particulate Air (HEPA) filters
  • The demand for healthcare PAPR is expected to witness a CAGR of 9.9% in Europe from 2019 to 2028 on account of the rising number of qualified nurses & midwives, associate nurses, and other healthcare professionals
  • North America accounted for 39.9% of the global revenue in 2020, attributed to the increasing emphasis on hygiene and safety standards in the healthcare sector across the region
  • The demand for healthcare PAPR in Australia is expected to witness a CAGR of 10.9% from 2019 to 2028 on account of increasing cases of chronic diseases, aging population, and changing consumer expectations for advanced medical facilities
  • Bullard launched SALUS-HC Powered Air-Purifying Respirator (PAPR) for healthcare workers which have a shoulder-mounted design, and are ergonomic with sound dampening motor technology

Access Press Release@ https://www.grandviewresearch.com/press-release/global-healthcare-powered-air-purifying-respirator-market

Healthcare Powered Air Purifying Respirator Market Segmentation

Grand View Research has segmented the global healthcare powered air purifying respirator market on the basis of product and region:

Healthcare Powered Air Purifying Respirator Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Full face mask
  • Half mask
  • Helmets, hoods & visors

Healthcare Powered Air Purifying Respirator Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Healthcare Powered Air Purifying Respirator Market

  • 3M
  • Honeywell International Inc.
  • MSA
  • Bullard
  • Maxair Systems
  • RPB Safety
  • OPTREL AG
  • ILC Dover LP
  • ALLEGRO INDUSTRIES
  • Gentex Corporation

About Grand View Research

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

Polyamide Market Latest Innovations, Drivers and Industry Key Events 2021– 2028: Grand View Research Inc.

 Polyamide Market Growth & Trends

The global polyamide market size is expected to reach USD 53.32 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Increasing adoption of polyamide in numerous industries, including automotive, electrical and electronics, consumer goods and appliances, packaging, and textiles is projected to fuel the market growth during the forecast period. Polyamides are widely used in the exterior parts of vehicles such as front-end grilles, fuel caps, wheel covers, doors, exterior mirrors, and tailgate handles.

Polyamide composites are expected to witness high demand from the automotive industry due to factors such as excellent mechanical properties, wear resistance, and the growing need for lightweight vehicles in order to improve fuel efficiency. Polyamide has been extensively used in the engine compartment to replace steel parts owing to the benefits derived from them such as lower weight and greater design flexibility as against traditional metals.

Polyamide Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 34.90 billion

Revenue forecast in 2028

USD 53.32 billion

Growth Rate

CAGR of 6.2% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

Key players in the market are continuously carrying out innovations and developing new versions of polyamide compatible with new polymer processing technologies. For instance, in May 2021, Evonik Industries AG successfully tested its INFINAM PA 6005 P (polyamide 613 material) on the ST252P and HT403P laser sintering 3D printing systems developed by Farsoon Technologies. The INFINAM PA 6005 P with a high melting point of 215°Cexhibited compatible properties to be processed by 3D printing systems.

In addition, the establishment of global partnerships to increase dominance in advanced materials is expected to drive the market over the forecast period. In May 2020, LANXESS announced the formation of a new supplier partnership with Chase Plastics. This partnership is expected to create a distribution channel for Durethan PA6 and Pocan PBT developed by LANXESS.

Environmental awareness has propelled many electronics companies to utilize bio-based polyamides as a part of their sustainability goals and they have deployed the production of the same to support the strong growth in demand for advanced bio-circular materials. This can prove to be one of the major driving factors for the production of polyamides over the forecast period. In April 2021, Arkema announced to begin the production of Amino 11, a bio-based polyamide, at its new plant on Jurong Island, Singapore. This plant is expected to utilize castor beans to produce bio-based polyamide and it represents a 50% increase in Arkema’s global polyamide 11 capacity.

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Polyamide Market Report Highlights

  • In terms of product, the polyamide 6 segment accounted for the largest revenue share in 2020 and is expected to witness prominent growth over the forecast period
  • Based on application, in the engineering plastics segment, the automotive segment captured the largest share in terms of revenue in 2020
  • In 2020, Asia Pacific accounted for the largest revenue share of more than 40.0%. Ascending demand for electric vehicles is expected to have a positive impact on the global automotive industry. The introduction of electric vehicles by automotive manufacturing players such as Tesla, Volkswagen AG, BYD Co Ltd., Hyundai Motor Company, and Nissan is anticipated to provide further impetus to the regional market growth
  • Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, in December 2020, Star Plastics announced a global partnership with LATI, a European manufacturer of engineering thermoplastics, with the aim of expanding material offerings in North America, Europe, and Asia

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

Polyamide Market Segmentation

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

Polyamide Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Polyamide 6
  • Polyamide 66
  • Bio-based Polyamide
  • Specialty Polyamides

Polyamide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Engineering Plastics
    • Automotive
    • Electrical & Electronics
    • Consumer Goods & Appliances
    • Packaging
    • Others
  • Fibers
    • Textile
    • Carpet
    • Others

Polyamide Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Polyamide Market

  • BASF SE
  • AdvanSix Inc.
  • Ube Industries Ltd.
  • Domo Chemicals
  • Toray Industries, Inc.
  • Ashley Polymers Inc.
  • Ascend Performance Materials LLC
  • Toyobo Co. Ltd.
  • Lanxess AG
  • Huntsman Corporation
  • Goodfellow Group

About Grand View Research

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

Tuesday, 8 August 2023

IT & Telecom Cyber Security Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 IT & Telecom Cyber Security Market Growth & Trends

The global IT & telecom cyber security market size is expected to reach USD 82.64 billion by 2030, expanding at a CAGR of 12.1% from 2022 to 2030 according to a study conducted by Grand View Research, Inc. Expansion of telecom networks, emerging BYOD trend, and the emergence of 5G technology are anticipated to increase the network traffic and create loopholes, thereby increasing the risk of cyber-attacks. Additionally, IT & telecom companies are increasing investments in deploying advanced cyber security solutions to tackle the varied nature of threats and keep up with the evolving threat landscape.

The emergence of 5G technology has prompted several organizations to opt for edge computing and shift workloads to cloud networks. Cloud platforms also expose enterprises to various threats across interlinked networks. Additionally, with increased usage of digital services, several devices are connected over private unsecured networks and use cloud services to store any information or data. This increases the risk of vulnerabilities for cloud networks, in turn exposing the IT & telecom companies to cyber threats, which is expected to drive the adoption of cyber security solutions in the sector.

Several governments have imposed stringent data protection laws to regulate the telecom sector and safeguard consumer data. For instance, the German government released a data protection law in December 2021, the Telecommunications Telemedia Data Protection Act (TTDSG), which regulates the protection of privacy and confidentiality while using the internet-ready terminal infrastructure, including smart home devices, messenger services, and websites. As such, the increasing risk of cyber-attacks and stringent data protection laws are expected to compel several IT & telecom firms to adopt cyber security solutions, thereby contributing to market growth.

Request a free sample copy or view the report summary: IT & Telecom Cyber Security Market Report

IT & Telecom Cyber Security Market Report Highlights

  • North America held the highest revenue share of over 30% in 2021, owing to the increased cybersecurity spending and early availability of technology and adoption
  • Asia Pacific is expected to register a high CAGR over the forecast period, owing to the massive working population, high number of endpoint devices, and rising number of data centers
  • Key industry players are adopting inorganic growth strategies by engaging in partnerships, acquiring smaller players to leverage their technology, and reducing the market competition

Access Press Release@ https://www.grandviewresearch.com/press-release/global-it-telecom-cyber-security-market

IT & Telecom Cyber Security Market Segmentation

Grand View Research has segmented the global IT & telecom cyber security market based on region:

IT & Telecom Cyber Security 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 & Africa

List of Key Players in the IT & Telecom Cyber Security Market

  • Cisco Systems, Inc.
  • Palo Alto Networks, Inc.
  • McAfee, Inc.
  • Broadcom
  • AO Kaspersky Lab
  • Check Point Software Technology 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.

North America Automotive Heat Shield Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 North America Automotive Heat Shield Market Growth & Trends

The North America automotive heat shield market size is expected to reach USD 2.60 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2021 to 2028. Increasing adoption of electric vehicles coupled with need for improved thermal management in the IC engines to boost engine efficiency is expected to propel demand for the automotive heat shields in the coming years.

The increased adoption of electric and hybrid electric vehicles is one of the prime factors likely to contribute to the growth of the market over the forecast period. For instance, in 2019, the U.S. electric car manufacturer Tesla delivered 367,500 electric vehicles worldwide, whereas, in 2020, the deliveries reached their peak at 509,737globally, with U.S. accounting for 50% of the global sale.

North America Automotive Heat Shield Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 1.96 billion

Revenue forecast in 2028

USD 2.60 billion

Growth rate

CAGR of 3.6% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

Dana Limited manufactures different types of automotive heat shields including heat shields with integrated gaskets, aluminum, direct insulation, insulated & sound-absorbing heat shields. Morgan Advanced Materials uses its shell technology and sandwich technology for durable and lightweight automotive heat shields. Its shell technology uses Super wool and glass or silica fiber for high thermal performance solutions.

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North America Automotive Heat Shield Market Report Highlights

  • The single-shell segment dominated the market and accounted for over 55% of market share in 2020 owing to its prevalent use in passenger cars and HCVs. Sandwich heat shields are expected to grow at a CAGR of 4.3% over the forecast period owing to growing use in exhaust pipes and catalytic converters against heat and moisture intrusion of saltwater corrosion.
  • The engine compartment segment was the largest application and accounted for more than 30% of revenue share in 2020. Automotive heat shield finds vast applications in various parts and components of engine compartment as this space accounts for the maximum heat dissipation.
  • Non-metallic segment is expected to witness surge in demand, growing at a CAGR of 4.1% over the forecast period owing to manufacturers opting for lightweight products with better thermal efficiency.
  • The product demand in Mexico is expected to be driven by increasing investments by automotive manufacturers in the region. Mexico has emerged as a manufacturing hub supported by favorable government policies, trade policies, and availability of skilled labor.
  • Prominent players including Dana Limited, DuPont, Morgan Advanced Materials, Zircotec, and Autoneum are engaged in designing and developing automotive heat shields with different product specifications and technologies.

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-automotive-heat-shield-market-analysis

North America Automotive Heat Shield Market Segmentation

Grand View Research has segmented the North America automotive heat shield market on the basis of product, application, material, vehicle-type and region:

North America Automotive Heat Shield Product Outlook (Revenue, USD Million; 2017 - 2028)

  • Single-shell
  • Double-shell
  • Sandwich

North America Automotive Heat Shield Application Outlook (Revenue, USD Million; 2017 - 2028)

  • Exhaust system
  • Turbocharger
  • Under Bonnet
  • Engine Compartment
  • Under Chassis

North America Automotive Heat Shield Material Outlook (Revenue, USD Million; 2017 - 2028)

  • Metallic
  • Non-metallic

North America Automotive Heat Shield Vehicle-type Outlook (Revenue, USD Million; 2017 - 2028)

  • IC Passenger Cars
  • IC Light Commercial Vehicles
  • IC Heavy Commercial Vehicles
  • Electric Vehicles

North America Automotive Heat Shield Regional Outlook (Revenue, USD Million; 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico

List of Key Players of North America Automotive Heat Shield Market

  • DuPont
  • DANA Incorporated
  • Zircotec
  • Morgan Advanced Materials
  • Autoneum
  • ElringKlinger AG
  • Lydall Inc.
  • Tenneco Inc.
  • Carcoustics
  • UGN Inc.
  • HKO Group
  • Shiloh Industries, Inc.
  • The Narmco Group
  • NICHIAS Corporation
  • Röchling SE & Co. KG

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.

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

 Robo Advisory Market Growth & Trends

The global robo advisory market size is expected to reach USD 41.83 billion by 2030, growing at a CAGR of 29.7% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growing use of smartphones coupled with the increased applications of chatbots on various investment and e-commerce platforms worldwide is anticipated to drive the demand for robo advisory during the projected period. In addition, the increasing awareness of digital investment consultation services is expected to drive market growth during the forecast period.

Robo-advisory includes algorithm and automated driven financial planning with little human involvement. Additionally, through an online survey, the robo-advisor gathers financial information from clients, such as their current financial position and future financial goals. Furthermore, using this information, robo advisors offer clients certain benefits such as quick account setup, portfolio management, and security features. Such factors are anticipated to drive the market in the near future.

Robo Advisory Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 5.22 billion

Revenue forecast in 2030

USD 41.83 billion

Growth rate

CAGR of 29.7% from 2022 to 2030

Base year of estimation

2021

Historical data

2017 - 2020

Forecast period

2022 - 2030

Numerous emerging economies are encouraging regional players to improve their testing and research into robo-advisory services. Such initiatives are also expected to stimulate market growth. For instance, in August 2019, the Saudi Capital Market Authority (CMA) gave Haseed Investing Company and Wahed Capital authorization to test their robo-advisory services. This strategy is to promote the use of financial technology in the Arab market.

The pandemic has contributed positively to the market growth, thereby driving the demand for robo advisors in the near future. Several businesses have reported increased digital consulting activity in the first quarter of 2020. For instance, in April 2021, Betterment reported an increase in account openings by over 25% due to the COVID-19 pandemic These factors are expected to fuel the market growth during the forecast period. 

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Robo Advisory Market Report Highlights

  • The pure robo advisors’ segment is expected to witness the fastest growth during the forecast period owing to minimal human intervention offered by pure robo advisors.
  • The banks segment is expected to witness the fastest growth during the forecast period. The growth of the segment can be attributed to the increasing digitalization across the banking sector, which is further expected to drive the demand for robo advisors in banks.
  • The comprehensive wealth advisory segment is expected to witness the fastest growth during the projected period. The ability of comprehensive wealth advisory to cater to investment consultation inclusion at reasonable costs is propelling the segment growth.
  • The High Net Worth Individuals (HNWIs) segment dominated the market in 2021. The dominance can be attributed to the increasing adoption of robo advisory by the HNWIs to save time and increasing investment returns. Hence, HNIWs are inclined towards adopting robo advisors.
  • The Asia Pacific regional market is expected to witness the fastest growth during the forecast period. The regional growth is attributable due to the rising internet penetration and the swift uptake of new technologies.

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

Robo Advisory Market Segmentation

Grand View Research has segmented the global robo advisory market based on type, provider, service type, end user, and region:

Robo Advisory Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Pure Robo Advisors
  • Hybrid Robo Advisors

Robo Advisory Provider Outlook (Revenue, USD Million, 2017 - 2030)

  • Fintech Robo Advisors
  • Banks
  • Traditional Wealth Managers
  • Others

Robo Advisory Service Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Direct Plan-based/Goal-based
  • Comprehensive Wealth Advisory

Robo Advisory End User Outlook (Revenue, USD Million, 2017 - 2030)

  • Retail Investor
  • High Net Worth Individuals

Robo Advisory Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the Robo Advisory Market

  • Betterment
  • Fincite Gmbh
  • Wealthfront Corporation
  • The Vanguard Group, Inc.
  • Charles Schwab & Co., Inc.
  • Ellevest
  • Ginmon Vermögensverwaltung GmbH
  • Wealthify Limited
  • Social Finance, Inc.
  • SigFig Wealth Management

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.

Inhalation And Nasal Spray Generic Drugs Market to Witness a Pronounce Growth During 2022 – 2030: Grand View Research Inc.

 Inhalation And Nasal Spray Generic Drugs Market Growth & Trends

The global inhalation and nasal spray generic drugs market size is expected to reach USD 38.40 billion by 2030, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 8.96% from 2022 to 2030. New product launches, mounting prevalence of chronic respiratory diseases, growing demand for cost-effective medicines, and rising geriatric population are some of the major factors boosting the market growth.

Rising demand for cost-effective medicines and government support for the use of generics is expected to drive the demand for inhalation and nasal spray generic drugs over the forecast period. For instance, the Government of Japan has been promoting the usage of inexpensive generic drugs in order to regulate the overall pharmaceutical expenditure. This was accomplished through the execution of regulations to encourage the use of generic drugs in the past decade.

Inhalation And Nasal Spray Generic Drugs Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 19.33 billion

Revenue forecast in 2030

USD 38.4 billion

Growth rate

CAGR of 8.96% from 2022 to 2030

Base year for estimation

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

Rising number of M&A, partnerships, and collaborations among leading manufacturers including Teva Pharmaceuticals, Glenmark Specialty S.A., and Hikma Pharmaceuticals PLC is another major factor propelling the growth. For instance, in January 2022, Glenmark Specialty S.A., a Swiss subsidiary of Glenmark Pharmaceuticals Ltd., partnered with Lotus International Pte. Ltd. for marketing Ryaltris nasal spray in Vietnam, Hong Kong, and Singapore. Under this agreement, Glenmark Specialty S.A. will manufacture and supply Ryaltris, and Lotus International Pte. Ltd. will commercialize the product. Similarly, in February 2020, Glenmark Specialty signed a licensing agreement with Hikma Pharmaceuticals PLC to commercialize Ryaltrisin in the U.S.

Extensive research in the respiratory drug discovery and generic product approvals of inhalation and nasal drugs by pharmaceutical companies are projected to fuel growth. For instance, in March 2021, Cipla Inc. received ANDA approval from the U.S. FDA for Sumatriptan Nasal Spray, a generic equivalent of Imitrex Nasal Spray indicated for migraine treatment. In addition, in May 2020, the company received Competitive Generic Therapy designation from FDA along with ANDA approval for Dihydroergotamine Mesylate Nasal Spray, a generic version of Migranal.

Request a free sample copy or view report summary: Inhalation And Nasal Spray Generic Drugs Market Report

Inhalation And Nasal Spray Generic Drugs Market Report Highlights

  • By drug class, bronchodilators dominated the market in 2021 owing to the high prevalence of COPD and asthma in the population
  • The chronic obstructive pulmonary disease (COPD) indication segment is expected to witness the fastest growth over the forecast period due to the launch of generic products and increased prevalence of COPD in low- and middle-income countries
  • Based on patient demographics, the pediatric patients segment is expected to witness the fastest growth over the forecast period due to an increase in pollution, smoking, and exposure to environmental allergens such as pollens
  • The homecare end-user segment dominated the market in 2021 owing to a rise in the prevalence of chronic diseases and rising geriatric population suffering from chronic respiratory diseases
  • The online pharmacies distribution channel segment is expected to witness the fastest growth over the forecast period due to consumer needs for low prescription costs, increased internet penetration, and ease of access
  • North America dominated the market in 2021 due to strategic initiatives and collaborations among key players for the development and launch of generic products in this region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-inhalation-nasal-spray-generic-drugs-market

Inhalation And Nasal Spray Generic Drugs Market Segmentation

Grand View Research has segmented the global inhalation and nasal spray generic drugs market by drug class, indication, patient demographics, end-user, distribution channel, and region:

Inhalation & Nasal Spray Generic Drugs Class Outlook (Revenue, USD Million, 2018 - 2030)

  • Bronchodilators
  • Combination Drugs
  • Corticosteroids
  • Decongestant Sprays
  • Antihistamines
  • Others

Inhalation & Nasal Spray Generic Drugs Indication Outlook (Revenue, USD Million, 2018 - 2030)

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

Inhalation & Nasal Spray Generic Drugs Patient Demographics Outlook (Revenue, USD Million, 2018 - 2030)

  • Geriatric Patient
  • Adult Patient
  • Pediatric Patient

Inhalation & Nasal Spray Generic Drugs End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Homecare
  • Others

Inhalation & Nasal Spray Generic Drugs Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals Pharmacy
  • Retail Pharmacy
  • Online Pharmacies

Inhalation & Nasal Spray Generic Drugs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Inhalation And Nasal Spray Generic Drugs Market

  • Teva Pharmaceuticals Industries Ltd.
  • Mylan N.V.
  • Akorn, Operating Company LLC
  • Cipla Inc.
  • Sandoz International GmBH (Novartis AG)
  • Apotex Inc.
  • Hikma Pharmaceuticals PLC
  • Sun Pharmaceuticals Industries Ltd.
  • Beximco Pharmaceuticals Ltd.
  • Nephron Pharmaceuticals Corporation

About Grand View Research

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

Patient Monitoring Accessories Market Poised to Expand at a Robust Pace Over 2033: Grand View Research Inc.

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