Electric Breast Pumps Market is Anticipated to Upgrade USD 2.68 Billion Revenue By 2030: Grand View Research Inc.

 Electric Breast Pumps Market Growth & Trends

The global electric breast pumps market size is expected to reach USD 2.68 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 8.91% from 2023 to 2030. The main factors influencing the industry are the development of healthcare infrastructure in developing nations, rising employment rates for women worldwide, and the presence of favorable demographics.

The women’s employment rate has been increasing globally. For instance, according to European Commission, in 2018, the women’s employment rate in Europe was around 67%, which increased by 1% from 2017 to 2018, whereas, the same increased by five percentage-point from 2008-2018. The increase in women’s employability is expected to increase the use of electric breast pumps, thereby propelling the market growth over the forecast period.

Additionally, a surge in the number of births worldwide is further anticipated to help the electric breast pump market impel. According to reports by CDC, the birth rate rose first time in the past 7 years in 2021. Moreover, the fertility rate was calculated to be 56.6 births per 1,000 women, which was up by around 1% in 2021, from 2020. An increase in fertility rate is expected to increase the number of births, thereby increasing demand for electric breast pumps, in the forthcoming years.

Moreover, the electric breast pumps market has seen significant growth over the last few decades, owing to increasing product launches by key players, and rising R&D activities. For instance, in November 2020, Spectra Baby USA launched a new electric breast pump ‘the Synergy Gold dual-powered electric breast pump’. It offers breastfeeding mothers cutting-edge technology that enables personalized pumping sessions. Moms that are used to single-pumping and alternating sides may easily double-pump thanks to the new design, which uses one separate motor for each side and is independently adjustable. Such innovations are expected to increase the use of electric breast pumps over the forecast duration.

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Electric Breast Pumps Market Report Highlights

• In terms of type, the double electric breast pumps segment held the largest market share of 61.52% in 2022 and is expected to witness the fastest growth over the forecast period due to its several benefits and high adoption, as compared to single electric breast pumps
• In terms of application, the hospital grade segment held the largest market share in 2022, owing to the increasing number of hospitals and rising healthcare expenditure
• Hospital pharmacy dominated the distribution channel segment with a market share of 38.49% due to the rising number of births in hospital settings. However, the e-commerce segment is anticipated to witness the fastest growth rate in this segment
• North America is expected to dominate the electric breast pump market growth over the forecast period owing to the rising women’s employment and the significant presence of key players operating in the market

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Electric Breast Pumps Market Segmentation

Grand View Research has segmented the global electric breast pump market based on type, application, distribution channel, and region:

Electric Breast Pumps Type Outlook (Revenue, USD Million, 2018 - 2030)

• Single
• Double

Electric Breast Pumps Application Outlook (Revenue, USD Million, 2018 - 2030)

• Personal Use
• Hospital Grade

Electric Breast Pumps Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital Pharmacy
• Retail Store
• E-commerce
• Wholesaler/Distributor
• Direct Purchase

Electric Breast Pumps Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Electric Breast Pumps Market

• Medela AG
• Koninklijke Philips N.V.
• Ameda AG
• Hygeia Health
• Lansinoh Laboratories, Inc.
• Spectra Baby USA
• Pigeon Corporation
• Evenflo
• Willow
• Ardo
• Motif Medical
• Elvie

About Grand View Research

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

Global Data Center Accelerator Market to Witness Soaring Growth During 2022– 2030: Grand View Research Inc.

 Data Center Accelerator Market Growth & Trends

The global data center accelerator market size is anticipated to reach USD 70.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 23.5% from 2022 to 2030. The demand for data center accelerators is likely to grow owing to increasing adoption of technologies such as AI, IoT, & big data analytics. The COVID-19 pandemic had a positive impact on the data center accelerator market. Factors such as increased corporate awareness of the advantages that cloud services can offer, increased board pressure to provide more secure & robust IT environments, as well as the establishment of local data centers contributed to the growth of data center accelerators. Demand for businesses that rely on digital infrastructure has increased, which has led to significant growth in demand for data center network services in many industries. Data centers are now maintaining program availability and data security as more businesses and educational institutions already moved online.

Top industries using HPC are healthcare, manufacturing aerospace, urban planning, and finance. The University of Texas at Austin researchers are advancing the science of cancer treatment through the use of HPC. In a ground-breaking 2017 project, researchers examined petabytes of data to look for connections between the genomes of cancer patients and the characteristics of their tumors. This paved the way for the university to apply HPC in additional cancer research, which has now expanded to include efforts to diagnose and treat cases of prostate, blood-related, liver, and skin cancers.

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Data Center Accelerator Market Report Highlights

• Based on processor, the GPU segment accounted for the maximum revenue share of 46.1% in 2021. This can be attributed to the increasing use of GPU acceleration in IoTcomputing, bitcoin mining, AI and machine learning, etc. Moreover, GPU acceleration’s parallel processing architecture is useful in life science analytics such as a genome sequencing.
• Based on type, the HPC data center segment is expected to grow at the highest CAGR of 26.0% over the forecast period. This can be attributed to a rising preference for hybrid and cloud-based high performance computing (HPC) solutions, use of HPC in vaccine development, advances in virtualization, etc.
• Based on application, the deep learningtraining segment dominated the market with a share of 40.8% in 2021 and is expected to grow at a CAGR of 20.7% over the forecast period. This can be attributed to increasing adoption of deep learning in hybrid model integration, self-supervised learning, high performance natural language process (NLP) models, and neuroscience based deep learning.
• North America held the largest share of 40.1% in 2021 and is expected to retain its position over the forecast period. Presence of several data center accelerator solution and service providers makes North America a promising region for the market.
• Asia Pacific is anticipated to expand at the highest CAGR of over 26.8% over the forecast period. Suitable government policies and the need for data center infrastructure upgradation in Asia Pacific are driving the growth of the data center accelerator market in the region.
• In October 2020 Intel Corporation launched Intel Xeon Scalable Platform to assist secure sensitive workloads. This platform has new features that include Intel Platform Firmware Resilience (Intel PFR), Intel Total Memory Encryption (Intel TME), and new cryptographic accelerators to support the platform and advance the overall integrity and confidentiality of data.

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Data Center Accelerator Market Segmentation

Grand View Research has segmented the global data center accelerator market based on processor, type, application, and region:

Data Center Accelerator Processor Outlook (Revenue, USD Million, 2017 - 2030)

• GPU
• CPU
• FPGA
• ASIC

Data Center Accelerator Type Outlook (Revenue, USD Million, 2017 - 2030)

• HPC Data Center
• Cloud Data Center

Data Center Accelerator Application Outlook (Revenue, USD Million, 2017 - 2030)

• Deep Learning Training
• Public Cloud Interface
• Enterprise Interface

Data Center Accelerator Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Data Center Accelerator Market

• Advanced Micro Devices, Inc
• NVIDIA Corporation
• Intel Corporation
• Qualcomm Technologies, Inc.
• Advantech Co., Ltd.
• Achronix Semiconductor Corporation
• Micron Technology, Inc.
• Marvell
• KIOXIA Holdings Corporation
• Western Digital Technologies

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.

Inhaled And Intranasal Products Contract Service Providers Market to Observe Strong Development by 2030: Grand View Research Inc.

 Inhaled And Intranasal Products Contract Service Providers Market Growth & Trends

The global inhaled and intranasal products contract service providers market size is estimated to reach USD 4.5 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.5% from 2023 to 2030. There is an increased awareness of the effective and advanced respiratory devices compared to the traditional treatments fueling the growth of the market.

Inhaler design has seen little change in the past ten years, but some features have led to advancements that open new possibilities for disease treatment according to an article published by the National Library of Medicine (NIH) in 2021. The development of vibrating mesh systems for nebulizers was the most significant advancement, whereas the formulation, metering system, and aerosol dispersion properties are the three main components of dry powder inhaler technology. Furthermore, one of the most important breakthroughs at the start of the new millennium was the regulatory approval and commercialization of Advair/Seretide (GlaxoSmithKline). These developments and advancements in the design of the product improve the drug delivery system. Hence, contributing to the growth of the inhaled & intranasal products contract service providers market.

COVID-19 has resulted in a positive impact on the market. For instance, according to a July 2020 article titled "Inhalers Safe During COVID-19 Pandemic," asthma and chronic obstructive pulmonary disease patients are usually prescribed inhaled and oral corticosteroids along with inhalers to avoid attacks. Inhaler shortages occurred in the U.K. as a result of a 400% increase in demand during the pandemic. The U.K.’s population was attempting to stock up in anticipation of the COVID-19 pandemic, according to the Department of Health and Social Care, which resulted in distressing shortages. As a result, during the pandemic phase, such incidences increased the demand for the market.

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Inhaled And Intranasal Products Contract Service Providers Market Report Highlights

• Metered- dose inhalers (MDIs) segment dominated the market with a revenue share of 50.6% in 2022. This is due to the rise in their ease of use, which is often self-administered by the patient through inhalation in short bursts of a predetermined dose
• Based on services, contract manufacturing dominated the segment with a revenue share of 54.8% in 2022. The increasing focus of manufacturers on reducing the cost of medical devices drives the growth of the market
• Quality assurance services is anticipated to register the fastest CAGR growth of 10.8% during the forecast period
• Asia Pacific dominated the market in 2022 with a 41.7% market share. The presence of a large number of contract manufacturers, and increasing respiratory diseases such as COPD are the key factors driving the growth of the market

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Inhaled And Intranasal Products Contract Service Providers Market Segmentation

Grand View Research has segmented the global inhaled and intranasal products contract service providers market based on drug delivery product, services, and region:

Inhaled And Intranasal Products Contract Service Providers Drug Delivery Product Outlook (Revenue, USD Million, 2018 - 2030)

• Metered - dose Inhalers
• Dry Powder Inhalers
• Nebulizers
• Others

Inhaled And Intranasal Products Contract Service Providers Services Outlook (Revenue, USD Million, 2018 - 2030)

• Quality Assurance
• Regulatory Affair Services
• Product Design & Development
• Product Testing & Sterilization
• Product Implementation
• Product Upgrade
• Product Maintenance
• Contract Manufacturing

Inhaled And Intranasal Products Contract Service Providers Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of key players in the Inhaled And Intranasal Products Contract Service Providers Market

• Lonza
• Catalent Inc.
• Kindeva Drug Delivery
• Recipharm
• Quotient Services
• Hovione
• Colep
• Beximo Pharmaceuticals
• DPT Laboratories
• Orion

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.

Water Treatment Systems Market To Reap Over $69.5 Billion In Revenues By End Of 2030

 

Water Treatment Systems Market Growth & Trends

The global water treatment systems market size is anticipated to reach USD 69.5 billion by 2030 according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 14.8% from 2023 to 2030. The rising level of contaminants in water sources worldwide is expected to drive the global demand for water treatment systems to ensure a safe water supply. As the water pollution level rises, consumers are expected to switch from traditional water purifiers to technologically advanced ones, thereby leading to the growth of the market worldwide. According to the United Nations World Water Development Report, the metropolitan population tackling water scarcity is expected to increase from 930 million in 2016 to between 1.7 and 2.4 billion people in 2050.

The growth in the urban population is rampant in emerging economies with limited capacity and other restraints on natural resources and creating water stress. Cities impact the water cycle and groundwater tables in numerous ways, mostly because they draw substantial volumes of water from groundwater and surface water sources. The growing urban population is anticipated to contribute to the increasing pollution of the water bodies, thereby driving the global demand for water treatment units. The disruptions of water distribution networks are expected to contaminate the water supply, resulting in the discharge of stormwater and untreated wastewater to consumers. This is expected to result in the spread of a variety of waterborne diseases, along with other health risks being posed to consumers.

For instance, waterborne pathogens caused 7,000 fatalities, 120,000 hospitalizations, 7 million illnesses, and USD 3 billion in healthcare expenses, according to the Centers for Disease Control and Prevention (CDC) 2022 Report. Thus, water treatment systems are becoming more popular around the world due to their capacity to produce safe water that is free of toxins, thereby fueling the market demand. Water scarcity, floods, and poor water quality affect emerging economies, such as India, Brazil, and China, disproportionately. According to the WHO, inadequate water and sanitation are held responsible for up to 80% of illnesses in these economies. Trusted water sources in a number of countries are being contaminated by pollution or rising sea levels. Water scarcity, along with the lack of proper sanitation, disproportionately affects the health, safety, and ability of humans to engage in economic activities.

All these aforementioned factors are anticipated to increase product adoption in the coming years, thereby fueling the growth of the market. Key manufacturers are focusing on collaborations, mergers, and acquisitions to expand their business and increase production capacity. They are also investing in increasing their manufacturing facilities to accommodate rising demand from the application industries, such as commercial, industrial, and residential. For instance, in March 2023, DuPont introduced PES ultrafiltration membranes and DuPont Multibore PRO. Customers who want to lower the distress of modules necessitated in water purification systems can utilize Multibore PRO as part of a multi-technology approach to municipal drinking water, desalination, or industrial water applications.

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Water Treatment Systems Market Report Highlights

• The point-of-use (PoU) segment accounted for 59.9% of the global revenue share in 2022 as a result of various factors including high water contamination, increased population, and awareness about the advantages of water treatment
• The reverse osmosis (RO) systems segment accounted for a 25.9% share of the global revenue in 2022. Nitrate, phosphorus, potassium, calcium, magnesium, radium, sulfate, fluoride, and arsenic levels in water are reduced with RO
• Commercial applications are projected to witness growth at a CAGR of 8.9% from 2023 to 2030 driven by concerns about new contaminants and rising demand for high-quality drinking water coupled with the rapidly growing commercial sector
• Asia Pacific accounted for around 35.7% of the global revenue share in 2022. The ongoing industrialization & urbanization and improving public infrastructure, including healthcare, and transportation, are expected to positively affect the regional market growth during the forecast period

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Water Treatment Systems Market Segmentation

Grand View Research has segmented the global water treatment systems market based on installation, technology, application, and region:

Water Treatment Systems Installation Outlook (Revenue, USD Billion, 2018 - 2030)

• Point-of-Use (PoU)
• Point-of-Entry (PoE)

Water Treatment Systems Technology Outlook (Revenue, USD Billion, 2018 - 2030)

• Reverse Osmosis Systems
• Distillation Systems
• Disinfection Methods
• Filtration Methods
• Water Softeners
• Others

Water Treatment Systems Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Residential
• Commercial
• Industrial

Water Treatment Systems Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Water Treatment Systems Market

• 3M
• Honeywell International Inc
• DuPont
• Panasonic
• Pentair plc
• BWT Aktiengesellschaft
• Culligan
• Watts Water Technologies Inc.
• Aquasana, Inc.
• Calgon Carbon Corporation
• Pure Aqua, Inc
• EcoWater Systems LLC
• AQUAPHOR
• FilterSmart
• WCC (Water Control 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.

Custom Software Development Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 Custom Software Development Market Growth & Trends

The global custom software development market size is expected to reach USD 146.18 billion by 2030, registering a CAGR of 22.4% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Today's organizations leverage customized solutions to transform their business by enhancing existing applications and developing new ones. Several industries and individuals are adopting custom software platforms due to the growing need for industry-specific applications, the increasing popularity of flexible workplaces, and the emergence of low-code development platforms.

Additionally, market growth is fueled by increasing reliance on chatbots, robotic process automation, and other emerging technologies to enhance the efficiency of custom software. Platform as a Service (PaaS) and open-source solutions are driving demand for custom software for cost-effectiveness and ease of upgrading, along with blockchain technologies to ensure enhanced levels of the COVID-19 pandemic, demonstrated the potential of a remote workforce. Considering the size of the organization and the remote workforce, a company started implementing custom software to walk the line between cost reduction and a remote workforce.

Enterprises rely more on custom software to automate business operations and scale up their business applications using the agile development process. Adapting to evolving business processes, increased workloads, and new integrations is easy with agile software development. Vendors are collaborating to introduce comprehensive enterprise agility solutions to clients to modernize their work environments. For instance, in October 2022, Accenture plc, a custom software developer, partnered with Atlassian Corporation, a software company, to implement Atlassian Corporation’s software tools to enhance enterprise agility. Businesses are investing heavily in custom software to customize their businesses, which leads to significant growth of the market.

Due to the rapid growth of the software market, new technological solutions have become increasingly important to address problems immediately . The development of custom software can now be more easily accomplished due to software development using low-code platforms. Enterprise systems and application architecture are integral to enterprises' processes and lifecycles. Low-code software development enables companies to create working solutions and integrate them with greater speed and agility, improving user experiences, automating processes, and upgrading key systems. Due to their low cost, companies can prototype, build, or scale applications by using their scripts, codes and integrations without developing complex infrastructure.

A platform as a service enables custom software developers to create software without having to maintain the underlying infrastructure. Furthermore, Companies provide Platform as a Service(PaaS) in pay-per-use options while reducing development costs and time. In view of the benefits listed above, many companies are collaborating with PaaS providers. For instance, in March 2022, OpenText, enterprise information management company, announced the launch of its OpenText core content on Google Cloud. The OpenText solution would enhance user experience, utilizing Google cloud capabilities and a secure software supply chain. OpenText would benefit from this partnership by getting access to cloud-based content services. Increasing use of the platform as a service is expected within enterprises in order to enable streamlined, secure, and governed data access for entire enterprises, as well as offering customers more cloud-based content services.

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Custom Software Development Market Report Highlights

• The web-based solutions is expected to drive the market growth owing to factors such as low development costs, less development time, ease in software upgradation, data sharing and collaboration, and less hardware cost
• The cloud segment is expected to grow significantly during the forecast period owing to its scalability, ease of implementation, and software updates. A cloud-based application eliminates the need for end-users to buy licenses
• The small & medium enterprises segment is anticipated to register the highest CAGR. It provides companies with a highly flexible workspace and scalability. Moreover, it’s cost effective in the longer run as SMEs enterprisers only develop features that are required for business. It provides support and assistance
• The BFSI sector is anticipated to have the highest market share over the forecast period.
• Custom software has security control of financial application data. Moreover, it allows for time-sensitive maintenance and support for the custom application. Custom software development facilitates the integration of new technologies
• The Asia Pacific is anticipated to register the highest growth rate over the forecast period, owing to the increasing use of technology. Corporates are becoming more competitive, and SMEs are increasing in the region

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Custom Software Development Market Segmentation

Grand View Research has segmented the global custom software development market based on solution, deployment, enterprise size, end-use, and region:

Custom Software Development Solution Outlook (Revenue, USD Million; 2018 - 2030)

• Web-based Solutions
• Mobile App
• Enterprise Software

Custom Software Development Deployment Outlook (Revenue, USD Million; 2018 - 2030)

• Cloud
• On-premise

Custom Software Development Enterprise Size Outlook (Revenue, USD Million; 2018 - 2030)

• Large Enterprises
• Small & Medium Enterprises (SMEs)

Custom Software Development End-use Outlook (Revenue, USD Million; 2018 - 2030)

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

Custom Software Development Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• MEA
  • United Arab Emirates (UAE)
  • Saudi Arabia
  • South Africa

List of Key Players in the Custom Software Development Market

• Brainvire Infotech Inc.
• Capgemini
• Iflexion
• Infopulse
• Infosys Ltd.
• Magora
• MentorMate, Inc.
• Tata Consultancy Services Limited
• Trigent Software Inc.
• TRooTech Business Solutions

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.

Online On-demand Home Services Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 Online On-demand Home Services Market Growth & Trends

The global online on-demand home services market size is expected to reach USD 14.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 16.7% from 2022 to 2030.  The rising number of advertising and marketing campaigns is a critical online on-demand home services market trend that will contribute to the market growth. Presently, vendors in the global online on-demand home services market are launching advertisement campaigns through different platforms to generate customer awareness and retain a solid customer base. North America is expected to offer tremendous growth opportunities for the online on-demand home services market owing to the easier accessibility of products and services and quick payment options.

The rising number of advertising and marketing campaigns is a trend that will contribute to the market growth for online on-demand home services. Presently, vendors in the global market are launching advertisement campaigns through different platforms to generate customer awareness and retain a solid customer base. They have started using multiple strategic marketing tools to gain customers' attention.

The recent outbreak of COVID-19 had an immense effect on the online on-demand home services market. Even though the epidemic damaged the world economy, demand for cloud computing increased due to the pandemic. As a result, significant players took full benefit of the crisis to create ways to reform their business models. There was the rapid growth of the e-commerce platform, which essentially aided the boost in market growth. Further, during the pandemic, a large population was inclined towards digitalization and essentially adopted smartphones, which resulted in high internet penetration. Thus, the market witnessed a heightening requirement even during the pandemic. Hence, the increased demand during the lockdown restrictions has primarily helped the market gain traction.

In August 2022, Amazon planned to add mental health support to its primary-care service. Amazon Care, Amazon's primary-care service, intended to add behavioral health aid to its growing list of medical partners and offerings with Ginger, a mental health care provider. This facility will deliver Amazon Care users on-demand access to mental health professionals, like licensed psychiatrists or therapists. The move would observe the latest expansion of Amazon's nascent primary-care business, which shows on-demand virtual care with the help of an app, uniting people with physicians for immediate care services.

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Online On-demand Home Services Market Report Highlights

• The worldwide requirement for these types of facilities is rising owing to the ease of accessibility and convenience provided by these facilities
• The increasing usage of smartphones and their increasing demand and applications has also played a significant part in enhancing the demand for this market. It is expected that the rising demand for more comfortable accessibility of products is possible to pave the way for more opportunities in the near future
• The demand for healthcare on-demand will increase in recent years. Healthcare apps enable people to hire on-demand fitness and yoga trainer who can provide them with fitness and yoga training in person
• The mobile segment is expected to hold the largest market share and expand at a CAGR of 17.1% from 2022 to 2030
• The health and wellness segment is projected to grow at the highest CAGR over the forecast period
• The industry has remarkably evolved across the U.S. and Europe owing to the easy accessibility of products and services and quick payment options, which have been crucial factors affecting the market positively

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Online On-demand Home Services Market Segmentation

Grand View Research has segmented the global online on-demand home services market based on platform, type, and region:

Online On-demand Home Services Platform Outlook (Revenue, USD Million, 2017 - 2030)

• Web
• Mobile

Online On-demand Home Services Type Outlook (Revenue, USD Million, 2017 - 2030)

• Home Cleaning
  • Garden and Lawn Mowing
  • Maids
  • Laundry
  • Car Wash
  • Pest Control
  • Others
• Repairs and Maintenance
  • Plumbing
  • Electrical
  • Carpentry
  • Laptop Repair
  • Mobile Repair
  • Others
• Health and Wellness
  • Beauty/Salon Services
  • Fitness Coach
  • Physiotherapy
  • Others
• Others
  • Babysitting
  • Pet Care
  • Packing and Moving
  • Others

Online On-demand Home Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Online On-demand Home Services Market

• com, Inc.
• Angi Inc.
• Handy
• Helpling
• HomeAdvisor
• HouseJoy
• Task Easy
• TaskRabbit
• Thumbtack
• Urban Company

About Grand View Research

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

Industrial Automation And Control Systems Market Poised to Garner Maximum Revenues During 2023 – 2030: Grand View Research Inc.

 

Industrial Automation And Control Systems Market Growth & Trends

The global industrial automation and control systems market size is anticipated to reach USD 377.25 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to reach at a CAGR of 10.5% from 2023 to 2030. The growth is attributed to the growing adoption of process automation in several industries, such as energy utilities, chemicals, and automotive. For instance, in April 2022, Kawasaki Heavy Industries, Ltd. established "Future Lab HANEDA" at HANEDA INNOVATION CITY, a substantial, multi-purpose complex with offices and retail facilities for the development of robotics products and services based on open innovation along with real-life implementation and demonstrations for their potential. This, in turn, is expected to drive market growth further during the forecast period.

Moreover, the companies are considerably reducing operational and labor costs, as well as significantly reducing errors associated with humans due to the system’s reliability and efficiency, which is projected to fuel the industrial automation and control systems market growth over the forecast period. The use of multiple robots as per need is expected to push the market growth further. For instance, in April 2022, Siemens AG unveiled the PXC7 smart automation controller, which is useful for large industrial buildings and speeds up engineering processes.

Asia Pacific is anticipated to emerge as the fastest-growing market owing to the presence of emerging companies along with key market players. Some notable regional players are Kawasaki Robotics, Mitsubishi Electric Factory Automation, and Yokogawa Electric Corporation. Furthermore, emerging economies such as Thailand, Vietnam, and Indonesia have huge potential with a largely untapped market that drives substantial investments to develop manufacturing plants. This, in turn, is expected to fuel the market growth across the region.

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Industrial Automation And Control Systems Market Report Highlights

• Based on component type segment, the industrial robots’ component segment is expected to grow at the highest CAGR of over 12% owing to rising trend of smart and automated factories during the advent of industry 4.0 boom
• Based on control system segment, the distributed control system (DCS) control system segment accounted the highest market share of over 34% owing to fast pace of adoption of IIoT by industrialists
• Based on vertical segment, the healthcare segment is expected to grow at the highest CAGR of over 11% owing to the growing trend of automation in surgeries and other health applications
• Asia Pacific is expected to grow at the highest CAGR of over 13% during the forecast period from 2023 to 2030 as a result of developing countries in the region investing significantly in automation and smart manufacturing

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Industrial Automation And Control Systems Market Segmentation

Grand View Research has segmented the global industrial automation and control systems market on the basis of component type, control system, vertical, and region.

Industrial Automation And Control Systems Component Type Outlook (Revenue, USD Billion, 2018 - 2030)

• HMI
• Industrial Robots
• Control Valves
• Sensors
• Others

Industrial Automation And Control Systems Control System Outlook (Revenue, USD Billion, 2018 - 2030)

• DCS
• PLC
• SCADA
• Others

Industrial Automation And Control Systems Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

• Aerospace & Defence
• Automotive
• Chemical
• Energy & Utilities
• Food & Beverage
• Healthcare
• Manufacturing
• Mining & Metal
• Oil & Gas
• Transportation
• Others

Industrial Automation And Control Systems Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Industrial Automation And Control Systems Market

• ABB Ltd.
• Emerson Electric Co.
• Honeywell International, Inc.
• Kawasaki Heavy Industries, Ltd.
• Mitsubishi Electric Corporation
• OMRON Corporation
• Rockwell Automation, Inc.
• Schneider Electric
• Siemens AG
• Yokogawa Electric Corporation

About Grand View Research

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

Microwave Ablation Market: Precise Analysis on Business Overview, Product Scope And Ongoing Development 2030

 Microwave Ablation Market Growth & Trends

The global microwave ablation market size is expected to reach USD 962.14 million by 2030, expanding at a CAGR of 13.91% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to the increase in liver, lung, bone, and kidney cancer incidences worldwide. Microwave ablation devices are anticipated to increase in popularity in the near future due to technological developments and a growing preference for minimally invasive procedures.

The market growth was negatively influenced by the COVID-19 pandemic in 2020, however, the sector witnessed growth in 2021 as a result of a decline in COVID-19 cases. The adoption of standard operating procedures, preventive measures, and the lower COVID-19 death rate allowed other operational processes in healthcare facilities to continue with less danger of infection. As a result, the market saw a gradual increase in revenue as COVID-19 instances declined in several countries throughout the fiscal year 2022.

Additionally, the market for microwave ablation devices will expand as a result of people's changing lifestyles, unhealthy eating habits, and use of tobacco and alcohol. These factors are all contributing to an increase in cancer incidence. According to the World Cancer Research Fund International, there were around 18.1 Million new cases of cancer worldwide in 2020. In 2020, breast and lung cancer accounted for 12.5% and 12.2%, respectively, of all newly diagnosed cases of cancer. In 2020, there were 1.9 million new instances of colorectal cancer, accounting for 10.7% of all cancer cases. According to estimates from the International Agency for Research on Cancer (IARC), by 2040, the growth and aging of the population alone are predicted to cause 27.5 million new instances of cancer and 16.3 million cancer deaths worldwide. Due to the rising frequency of risk factors such as smoking, poor food, physical inactivity, and fewer pregnancies in economically developing nations, the burden will likely grow in the future.

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Microwave Ablation Market Report Highlights

• The accessories segment held the largest revenue share in 2022 owing to the antenna’s minimal invasiveness and high efficiency to penetrate deep in tissues to form larger ablation zones by active heating
• The oncology segment held the largest share in 2022 owing to the rising prevalence of cancer, increasing healthcare expenses in the development of treatments and solutions for cancer care, and growing adoption of ablation therapies
• The hospitals segment dominated the market in 2022 owing to the high usage of microwave ablation systems in hospitals as most surgeries are performed in hospital settings
• North America dominated the market in 2022 due to a variety of factors, such as the broad application of microwave ablation technology in primary care settings, increased accessibility, and high healthcare costs in nations with effective reimbursement systems

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Microwave Ablation Market Segmentation

Grand View Research has segmented the global microwave ablation market on the basis of component type, application, end-use, and region:

Microwave Ablation Component Type Outlook (Revenue, USD Million, 2018 - 2030)

• Generator
• Power Distribution System
• Accessories

Microwave Ablation Application Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology
• Cardiology
• Urology
• Orthopedic
• Others

Microwave Ablation End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Research Laboratories
• Ambulatory Surgical Centers

Microwave Ablation Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Microwave Ablation Market

• Angio Dynamics
• Medtronic PLC
• Emblation Microwave
• Huber+Suhner
• Johnson & Johnson Services Inc.
• MedWaves Inc.
• Symple Surgical
• Mermaid Medical
• Varian Medical Systems, Inc.
• Terumo 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.

Commercial Printing Market to Reflect a Holistic Expansion During 2023 to 2030: Grand View Research Inc.

 Commercial Printing Market Growth & Trends

The global commercial printing market size is expected to reach USD 598.06 Billion by 2030, expanding at a CAGR of 2.8% from 2023 to 2030, according to a new study by Grand View Research, Inc. The rising demand for commercial printing for producing promotional material such as brochures, flyers, newspaper inserts, and pamphlets, among others, is expected to be one of the driving factors for the target market growth. The demand for commercial printing spans several industries, including manufacturing, advertising, food and beverage, retail, and healthcare.

The growing advertising needs of businesses contribute significantly to the demand for commercial printing of advertising materials. Commercial printing primarily involves printing on different types of paper and canvas for packaging, publishing, or advertising needs. Typesetting, bookbinding, fulfillment services, designing services, and finishing, which include folding, cutting, and binding, are some of the ancillary services provided by the market players, along with printing services. The fulfillment services include packaging, storage, and delivery of the printed material services.

The growth of online shopping and the demand for personalized experiences have boosted the demand for commercial printing from the packaging sector. Packaging is considered one of the most important marketing tools, and hence businesses are utilizing packaging to display products’ best features. Also, the packaging is being used as a tool to create an unboxing experience for the users.

As a result, many packaging companies are investing in high-technology commercial printing solutions. For instance, in October 2022, Comexi, a flexible packaging service provider, announced the launch of Digiflex, a machine designed for flexible packaging and label converters to print variable data such as QR codes, data matrix variable codes, barcodes, alphanumeric text, and other numbering & marking applications.

The COVID-19 pandemic severely impacted the commercial printing market. The pandemic led to reduced demand for commercial printing as businesses, and their operations were halted. Furthermore, the outbreak disrupted the supply chain and led to an increase in costs of raw materials and labor, and also severely impacted the distribution, which in turn impacted the growth of the target market negatively.

The advent of digital media is restricting the growth of the target market as it continues to replace print media with digital media. Users are adopting the digital form of books and magazines instead of the printed medium. Also, businesses are utilizing digital media for advertising purposes. Despite the impact of digitization, the print industry is, however, pivoting its business models by taking into account the changing needs, trends, and new realities of the market.

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Commercial Painting Market Report Highlights

• The digital printing segment is expected to grow at the fastest CAGR during the forecast period. The rising awareness of digital printing across various sectors, such as educational establishments, among others across the globe is fueling the segment's growth
• The packaging segment held the largest market share of about 53% in 2022 and is expected to maintain its dominant position over the forecast period. The development of the segment can be attributed to the increasing demand for packaging products
• The Asia Pacific regional market is expected to register the fastest growth over the forecast period. The booming e-commerce industry across the region is expected to play a decisive role in driving the development of the regional industry

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Commercial Painting Market Segmentation

Grand View Research has segmented the global commercial printing market based on printing technology, application, and region:

Commercial Printing Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Digital Printing
• Lithography Printing
• Flexographic
• Screen Printing
• Gravure Printing
• Others

Commercial Printing Application Outlook (Revenue, USD Million, 2017 - 2030)

• Packaging
• Advertising
• Publishing
  • Books
  • Newspaper
  • Magazines
  • Others

Commercial Printing Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Commercial Printing Market

• Quad/Graphics Inc.
• Acme Printing
• Cenveo
• RR Donnelley
• Transcontinental Inc.
• LSC Communications US, LLC.
• Gorham Printing, Inc.
• Dai Nippon Printing
• The Magazine Printing Company
• Cimpress plc
• Quebecor World Inc.
• Duncan Print 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.

U.S. Personal Protective Equipment Market Poised to Expand at a Robust Pace of USD 32.5 Billion Over 2030: Grand View Research Inc.

 U.S. Personal Protective Equipment Market Growth & Trends

The U.S. personal protective equipment market size is anticipated to reach USD 32.5 billion by 2030, registering a CAGR of 6.7% during the forecast period, according to a new report by Grand View Research, Inc. The market is driven by increasing spending on worker safety and protective products coupled with rising awareness about stringent safety rules & regulations.

The U.S. is one of the most severely affected countries in the world by the coronavirus. The rapid spread of COVID-19 in the country has increased the demand for personal protective equipment (PPE), especially in the healthcare sector, to reduce further transmission. Thus, the COVID-19 outbreak had a positive impact on the growth of the U.S. personal protective equipment market.

Increasing awareness among the industry participants regarding the importance of worker safety and security at workplaces, on account of the stringent regulations and high costs associated with workplace hazards, is anticipated to drive market growth. Particularly, rising awareness along with new rules & regulations in the U.S. are likely to fuel the market growth during the forecast period.

Government regulations such as ANSI, NIOSH, and ASTM compel the use of protective equipment for workers in end-use industries such as oil & gas, mining, and construction. Mandated policies by agencies for companies to maintain worker safety in industries are anticipated to drive demand for personal protective equipment.

Increasing onshore and offshore drilling activities coupled with rising shale gas production in the U.S. are the factors anticipated to augment PPE demand to protect employees from workplace hazards. Furthermore, high product penetration in the U.S. is attributed to the stringent regulatory scenario and growing employee awareness regarding personal safety.

Key players such as 3M, Honeywell International Inc., and DuPont actively focus on product innovation, joint ventures, mergers, and acquisitions. In May 2022, 3M announced expanding production for personal protective equipment such as respiratory and hearing protection products. This expansion will allow 3M to increase investment to meet the unmatched demand for PPE.

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U.S. Personal Protective Equipment Market Report Highlights

• The head protection equipment is expected to witness growth at a CAGR of 8.1% during the forecast period owing to the increasing instances of brain injuries across various industries such as construction, mining, oil & gas, and manufacturing
• Demand for PPE in healthcare accounted for 34.9% share of the country revenue in 2021 on account of rising demand for hand protection, respiratory protection, and protective clothing to ensure the employees’ safety during the COVID-19 pandemic
• Hand protection is estimated to witness growth at a CAGR of 5.6% from 2022 to 2030 in terms of revenue owing to the increasing adoption of gloves to limit the spread of the COVID-19 infection through surface contact
• The demand for PPE in the chemical industry in the U.S. is estimated to witness growth at a CAGR of 7.5% from 2022 to 2030, in terms of revenue, on account of the product's ability to prevent injuries or burns to the skin, face, hand, respiratory system, and head
• Market for the U.S. personal protective equipment is characterized by the presence of well-established players that have a broad product portfolio, extensive distribution networks, and large financial capacities, which is expected to restrict new entrants 

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U.S. Personal Protective Equipment Market Segmentation

Grand View Research has segmented the U.S.personal protective equipment market based on the product, and end-use:

U.S. PPE Product Outlook (Revenue, USD Million, 2017 - 2030)

• Head Protection
• Eye Protection
• Face Protection
• Hearing Protection
• Protective Clothing
  • Heat & flame protection
  • Chemical defending
  • Clean room clothing
  • Mechanical protective clothing
  • Limited general use
  • Others
• Respiratory Protection
  • Air-purifying respirator
  • Supplied air respirators
• Protective Footwear
  • Leather
  • Rubber
  • PVC
  • Polyurethane
  • Others
• Fall Protection
  • Soft Goods
  • Hard Goods
  • Others
• Hand Protection
  • Disposable
  • Durable
• Others

U.S. PPE End-Use Outlook (Revenue, USD Million, 2017 - 2030)

• Construction
• Manufacturing
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Healthcare
• Transportation
• Mining
• Others

List of Key Players of U.S.Personal Protective Equipment (PPE) Market

• Honeywell International Inc.
• Lakeland Industries Inc.
• DuPont
• 3M
• Ansell Ltd.
• Avon Rubber plc
• Alpha Pro Tech Limited
• Uvex Safety Group
• Mine Safety Appliances (MSA) Company
• Radians, 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.