Cardiac Resynchronization Therapy Market is Projected to Boost $6.23 Billion by 2030: Grand View Research Inc.

 Cardiac Resynchronization Therapy Market Growth & Trends

The global cardiac resynchronization therapy market size is anticipated to reach USD 6.23 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 4.8% from 2023 to 2030. The key factors driving the market growth include growing initiatives by key companies, rising product advancements, and increasing product adoption by end users

The CRT market was significantly impacted by the COVID-19 pandemic. Some of the major impacts of COVID-19 on the market include demand slowdown, fall in sales, and supply chain disruption due to the cancellation of operational hurdles and elective procedures. For instance, Abbott, one of the major players in the cardiac rhythm management device business, reported a decline in revenue growth of the cardiovascular business in 2020. Boston Scientific has reported a decline in sales across all regions in 2020. By Q3 2021, the company’s sales recovered gradually with the cardiac rhythm management segment accounting for USD 1.5 billion in total revenue.

Furthermore, COVID-19 had a negative impact on Medtronic's fourth-quarter financial performance, which ended on April 24, 2020. Postponed elective and semi-elective treatments using Medtronic devices had an impact on the corporation. People's reluctance to undertake non-COVID-19 emergency procedures has an impact on the company's emerging product lines. By 2021, the company's sales had returned to positive territory. Its cardiac & rhythm management portfolio revenues increased by 11% year on year for the six months ending in October 2021.

Increasing product advancements and initiatives by key market players are expected to propel market growth in the coming years. For instance, in February 2020, Medtronic received the CE mark clearance for its cardiac resynchronization therapy defibrillators (CRT-Ds) combined with smart features such as AdaptivCRT and EffectivCRT algorithms. Similarly, in July 2020, Abbott received approval from the US FDA for its cardiac resynchronization therapy defibrillator (CRT-D) devices equipped with Bluetooth features.  

Request a free sample copy or view report summary: Cardiac Resynchronization Therapy Market Report

Cardiac Resynchronization Therapy Market Report Highlights

• The Cardiac Resynchronization Therapy market was valued at USD 4.26 billion in 2022 and is expected to grow at a CAGR of 4.8% during the forecast period
• Rapid technological advancements are one of the key trends escalating market growth. The adoption of a sedentary lifestyle, the growing geriatric population along with the increasing prevalence of cardiovascular diseases is also stimulating the growth of the market
• CRT-D segment dominated the market by product in 2022, owing to the high adoption of these devices, wider applications, and growing prevalence of cardiovascular diseases
• CRT-P held a notable share of the market in 2022 and is projected to grow at the fastest rate over the forecast period. This is owing to growing indications and the high prevalence of heart failure across the globe
• The hospitals' segment held the largest market share of over 52.08% in 2022, as these centers are the main point of care for CRT device installation after diagnosis
• North America held the largest market share of over 49.9% in 2022, owing to the well-established healthcare system, and per capita, healthcare spending in this region is expected to fuel the market growth over the forecast period 

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

Cardiac Resynchronization Therapy Market Segmentation

Grand View Research has segmented the Cardiac Resynchronization Therapy market based on product, end-use, and region:

Cardiac Resynchronization Therapy Product Outlook (Revenue, USD Million, 2018 - 2030)

• CRT-Defibrillator
• CRT-Pacemaker

Cardiac Resynchronization Therapy End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital
• Cardiac Center
• Others

Cardiac Resynchronization Therapy Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Cardiac Resynchronization Therapy Market

• Medtronic
• Abbott
• Boston Scientific Corporation
• Biotronik SE & Co., KG
• MicroPort Scientific Corporation
• Livanova plc.

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.

Virtual Events Market is Expected to Enhance $262.52 Billion Revenue By 2030: Grand View Research Inc.

 

Virtual Events Market Growth & Trends

The global virtual events market size is estimated to reach USD 262.52 billion by 2030, registering a CAGR of 18.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The development of the market can be attributed to the growing preference for convening virtual events, such as video calls, live chats, video conferences, and online meetings, as part of the day-to-day business activities to share data in real time. The growing trend of remote working, especially after the pandemic and subsequent lockdown restrictions has led to a considerable rise in the demand for virtual events and collaborative tools across the organizations. Various businesses have deployed collaborative solutions to facilitate effective virtual engagement among employees.

For instance, in June 2023, Zoom Video Communications, Inc. introduced the meeting summary feature to its AI-powered smart companion- Zoom IQ. The company also added the Team Chat compose feature to the video conferencing platform, which will allow users to summarize Zoom Meetings quickly without recording and drafting content in Zoom Team Chat. Advances in unified communication, collaboration, and content delivery techniques, which have allowed incumbents of various industries and industry verticals to migrate from in-person meetings to online events, also bode well for market growth. Enterprises find virtual events platforms highly dynamic and engaging when improving communication and encouraging collaboration between employees, clients, partners, and stakeholders.

Building brands and serving clients efficiently is paramount amid the intensifying competition for enterprises. While large enterprises have adequate financial resources for brand building and efficient client servicing, it is different for small and medium enterprises (SMEs). At this juncture, SMEs are particularly adopting virtual events platforms to host virtual events, which can be convened at significantly lower costs than those incurred for hosting actual seminars, conferences, and meetings. Cloud-based virtual events platforms are particularly preferred to engage the target audience irrespective of geographical location while saving costs. The companies operating in the market are focusing on raising capital and pursuing strategic mergers & acquisitions to develop their respective technologies in the wake of the rising demand for virtual events.

For instance, in August 2023, RingCentral, Inc. a renowned AI-powered cloud communications, and contact center solutions provider acquired select assets, including the flagship Events platform and Session product from Hopin, an online audience engagement technology provider. Hopin Events is an all-in-one event management platform that enables planning and producing virtual and hybrid events. Hopin Session is a highly personalized engagement solution. The growing preference for Unified Communication as a Service (UCaaS) among businesses, corporations, educational institutions, and other organizations across various industries and industry verticals also plays a decisive role in driving market growth.

For instance, the Internet Corporation for Assigned Names and Numbers (ICANN), a non-profit organization based in the U.S. that manages several databases, switched from in-person interactions to virtual events to maintain continuity of operations in the wake of the operational disruptions stemming from the pandemic. The healthcare industry incumbents typically adopt virtual events platforms to convene seminars and training sessions. Seminars and conferences convened by government officials, public health bodies, and healthcare companies in the wake of the pandemic have created a significant demand for virtual event tools.

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

Virtual Events Market Report Highlights

• In terms of type, the external events segment captured a revenue share of nearly 41.0% in 2022 due to the increased adoption of virtual event tools by businesses to communicate with external entities
• In terms of establishment size, the large enterprise segment accounted for around 50.0% share in 2022 with increasing demand for virtual communication tools to ensure smooth workflow across multiple geographic locations
• In terms of service, the training segment is estimated to record a CAGR of over 20.0% from 2023 to 2030. The increasing significance of skill development for the employees within organizations supports segment growth
• In terms of application, the exhibitions/trade shows segment captured a significant share of nearly 31.0% in 2022 owing to growing business needs to evaluate the competition, market their products and services, and track the latest trends and prospects within the industry
• The enterprise end-user segment accounted for around 56.0% of revenue share in 2022 and is expected to record a significant growth rate over the forecast period
• In terms of industry vertical, the BFSI segment is estimated to record a growth rate of nearly 21.0% from 2023 to 2030 due to the high adoption of virtual platforms to facilitate secure transactions and convenient banking services
• Based on use-case, the large-scale events segment is estimated to grow at a CAGR of over 18.0% from 2023 to 2030 due to increasing demand for online platforms to plan and host massive marketing events and new product introductions to reach a broad audience worldwide
• North America accounted for the largest revenue share in 2022 due to the availability of advanced networking infrastructure, early adoption of the latest technologies, and higher demand for digitally simulated platforms

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

Virtual Events Market Segmentation

Grand View Research has segmented the global virtual events market based on event type, service, establishment size, end-user, application, industry vertical, use-case, and region:

Virtual Event Type Outlook (Revenue, USD Million, 2018 - 2030)

• Internal Event
• External Event
• Extended Event

Virtual Events Service Outlook (Revenue, USD Million, 2018 - 2030)

• Communication
• Recruitment
• Sales & Marketing
• Training

Virtual Events Establishment Size Outlook (Revenue, USD Million, 2018 - 2030)

• SMBs
• Large Institutions

Virtual Events End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Educational Institution
• Enterprises
• Organizations
• Others

Virtual Events Application Outlook (Revenue, USD Million, 2018 - 2030)

• Conferences
• Exhibitions/Trade Shows
• Summits
• Others

Virtual Events Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)

• BFSI
• Consumer Electronics
• Healthcare
• Information Technology
• Manufacturing
• Media & Entertainment
• Telecom
• Others

Virtual Events Use-Case Outlook (Revenue, USD Million, 2018 - 2030)

• Everyday Events
• Large-scale Events

Virtual Events Region Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Virtual Events Market

• 6Connex
• ALIVE
• Avaya LLC
• ALE International
• NTT Limited
• Cisco Systems Inc.
• Cvent Inc.
• EventX Limited
• George P.Johnson
• GES
• Kestone
• Martiz Holdings Inc.
• Microsoft Corporation
• Pathable
• uBivent GmbH
• Veritas Events
• vFairs
• Zoom Communications 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.

U.S. Demand for Cold Storage Market Increasing in Most Part of World 2030

 U.S. Cold Storage Market Growth & Trends

The U.S. cold storage market size is estimated to reach USD 96.90 billion by 2030, expanding at a CAGR of 13.6% over the forecast period, according to the new research conducted by Grand View Research, Inc. The U.S. is widely regarded as one of the leading markets in developing technologies responsible for the effective management of cold storage processes. The pharmaceutical industry is expected to offer growth opportunities to the market. Inventory management of pharmaceutical goods, such as vaccines and medicines, is an expensive process that necessitates adequate security measures to maintain product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.

The market growth is profoundly influenced by the massive demand for perishable goods worldwide along with the availability of food and health supplies, and economic & political scenarios. For instance, trade conflicts between the U.S. and China are expected to impact the growth negatively. In March 2018, the U.S. imposed a 25% tariff on steel and 10% on aluminum imported from China. China, in turn, announced a 15-25% tariff on products imported from the U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture products are expected to hinder the market growth.

Furthermore, outsourcing cold and frozen storage operations offer manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power cost can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, expanding customer base, and customer needs satisfaction.

Request a free sample copy or view report summary: U.S. Cold Storage Market Report

U.S. Cold Storage Market Report Highlights

• Rising demand for healthy food, import and export of refrigerated foods, and increasing private sector participation are expected to propel market growth
• The provision of cold storage facilities assists in extending the shelf life of perishable goods such as fresh agricultural produce and frozen foods
• Growing automation in warehouse management is anticipated to spur the growth over the forecast period
• Solar-powered refrigeration is gaining popularity in the storage and transportation of vaccines and various temperature-sensitive drugs
• Numerous initiatives undertaken to reduce wastage of post-harvest and processed foods are also expected to boost the market

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

U.S. Cold Storage Market Segmentation

Grand View Research has segmented the U.S. cold storage market based on warehouse type, construction type, temperature type, application, and state:

U.S. Cold Storage Warehouse Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Private & Semi-private
• Public

U.S. Cold Storage Construction Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Bulk Storage
• Production Stores
• Ports

U.S. Cold Storage Temperature Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Chilled
• Frozen

U.S. Cold Storage Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Fruits & Vegetables
• Dairy
• Fish, Meat & Seafood
• Processed Food
• Pharmaceuticals

U.S. Cold Storage State Outlook (Revenue, USD Billion, 2017 - 2030)

• Maine
• Massachusetts
• Vermont
• New Jersey
• New York
• Pennsylvania
• Delaware
• Florida
• Georgia
• Maryland
• North Carolina
• South Carolina
• Virginia
• Illinois
• Indiana
• Michigan
• Ohio
• Wisconsin
• Alabama
• Kentucky
• Mississippi
• Tennessee
• Iowa
• Kansas
• Minnesota
• Missouri
• Nebraska
• North Dakota
• South Dakota
• Arkansas
• Louisiana
• Oklahoma
• Texas
• Arizona
• Idaho
• Mexico
• Utah
• California
• Oregon
• Washington
• Others

List of Key Players in the U.S. Cold Storage Market

• Americold
• AGRO Merchants Group North America
• Burris Logistics
• Henningsen Cold Storage Co.
• Lineage Logistics Holdings, LLC
• Nordic Logistics
• Preferred Freezer Services
• VersaCold Logistics Services
• United States Cold Storage
• Wabash National 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.

Human Resource Management Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 Human Resource Management Market Growth & Trends

The global human resource management market size is expected to reach USD 56.15 billion by 2030, expanding at a CAGR of 12.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The trend of digitization in Human Resource Management (HRM) for increased efficiency and integration of technologies for analytics, mobile application, and cloud-based deployment is expected to drive the growth of the market. The trend of full-time remote work post pandemic is anticipated to drive the market demand. Moreover, as enterprises are expanding, it is anticipated that they will use HRM for efficient tracking and monitoring of human resources to reduce loss of time on idleness and increase productivity.

Furthermore, most of the buyers of HRM solutions include small & medium enterprises opting for HRM solutions due to the trend of switching from conventional HR activities to software based to aid in strategic decision-making processes. The popularity of HRM solutions is growing as organizations are emphasizing on talent acquisition and workforce planning to address the challenges associated with retaining human capital. Subsequently, large enterprises are exploring for a single solution for all their HR functionalities to integrate all departments and have a centralized control and monitoring function. For instance, in March 2023, Workday, Inc. announced its partnership with EZCORP, a U.S. based key supplier of pawn transactions having operations across the U.S., Canada, and Latin America. In this partnership, EZCORP aims to Automate its financial processes using the Workday Financial Management tool, use the Workday Adaptive Planning solution to make informed and data-driven decisions and leverage the Workday Human Capital Management tool to enhance employee experience.

Additionally, advances in the field of AI, ML, and predictive analytics have resulted in the integration of HRM solutions with analytics. Startups are developing mobile applications and collaboration software that can provide employers and employees the flexibility required to access the information on the go. On the other hand, the use of predictive analytics is expected to increase demand for HRM software as it helps in deriving inferences regarding continuous employee progress through various charts and infographics.

Request a free sample copy or view report summary: Human Resource Management Market Report

Human Resource Management Market Report Highlights

• Based on component, the software segment accounted for the largest market share of around 70% in 2022 due to growing trend of digitization and analytical based HRM software
• Based on deployment, the on-premise segment accounted for the largest market share of more than 55% in 2022 as a result of the greater control and privacy over enterprise data
• Based on enterprise size, the small and medium enterprise segment is expected to expand at the highest CAGR over the forecast period to improve employee retention and increase workforce efficiency
• Based on geography, North America recorded the highest market share of around 35% in 2022 due to the trend of cloud-based technology in the region and demand for HRM solutions to address payroll, attendance, talent management, and other queries

Access Press Release@ https://www.grandviewresearch.com/press-release/global-human-resource-management-hrm-market

Human Resource Management Market Segmentation

Grand View Research has segmented the global human resource management market based on component, software, services, deployment, enterprise size, end-use, and region:

Human Resource Management Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Software
• Service

Human Resource Management Software Outlook (Revenue, USD Billion, 2018 - 2030)

• Core HR
• Employee Collaboration & Engagement
• Recruiting
• Talent Management
• Workforce Planning & Analytics
• Others

Human Resource Management Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Integration & Deployment
• Support & Maintenance
• Training & Consulting

Human Resource Management Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Hosted
• On-premise

Human Resource Management Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprise
• Small & Medium Enterprise (SME)

Human Resource Management End-use Outlook (Revenue, USD Billion, 2018 - 2030)

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

Human Resource Management Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • France
  • Germany
  • UK.
• Asia Pacific
  • Australia
  • China
  • India
  • Japan
  • Singapore
  • Thailand
  • Hong Kong
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia

List of Key Players in the Human Resource Management Market

• Accenture
• ADP, Inc.
• Cegid
• Ceridian HCM, Inc.
• Cezanne HR Limited.
• International Business Machines Corp. (IBM)
• Kronos Incorporated
• Mercer LLC
• Oracle
• PwC
• SAP SE
• UKG, Inc.
• Workday, 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.

Paint Protection Film Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Paint Protection Film Market Growth & Trends

The global paint protection film market size is expected to reach USD 739.40 million by 2030, registering a CAGR of 5.6% during the forecast period, according to a new report by Grand View Research, Inc. The shift in consumer preference towards keeping the vehicle’s finish intact, coupled with the rising awareness for automobile maintenance, is expected to boost the demand for paint protection films (PPFs).

Automobile manufacturers saw the added advantage of using these films when they started applying these films on new vehicles. Paint protection film usage in the electrical & electronics sector for mobile phones, keyboards, and screens has increased owing to the increasing consumer awareness regarding the benefits of the product, which can drive the consumption of paint protection film during the forecast period.

Among the product segment, the thermoplastic polyurethane (TPU) segment accounted for a share of 83.00% of the paint protection film market in 2021. High-performance characteristics offered by thermoplastic polyurethane (TPU) in the form of improved elongation, increased durability, and enhanced chemical resistance are the factors expected to drive demand for the thermoplastic polyurethane (TPU) used for manufacturing paint protection films during the forecast period.

Based on application, the automotive & transportation segment accounted for the largest share of 72.67% in the paint protection film market in 2021. This segment is expected to continue dominating the market during the forecast period. The benefits offered by paint protection films are leading to their augmented usage in the global automotive industry as they protect vehicles against debris, gravel, and dust. These films help in maintaining the aesthetic appeal of the vehicles.

Asia Pacific accounted for the largest volume share of 38.10% of the global paint protection film market in 2021. This region is expected to continue dominating the market during the forecast period. Growth of the market in Asia Pacific can be attributed to the increased penetration of paint protection films in the automotive industry within the region, along with the surging demand for premium vehicles in Asia Pacific.

Leading manufacturers of paint protection films have adopted the strategies of mergers & acquisitions and new product launches to maintain their shares in the market. For instance, in June 2022, HEXIS S.A.S. introduced three new series of paint protection films under the HEXIS BODYFENCE range. These new film series are BFWIDE, DFENCEXTRM, and BODYFENCEXM. The self-healing properties of these films have enabled HEXIS S.A.S. to expand its product reach in the automotive industry.

Request a free sample copy or view report summary: Paint Protection Film Market Report

Paint Protection Film Market Report Highlights

• The automotive industry is expected to dominate the paint protection film market in the Asia Pacific during the coming years owing to the increasing penetration of these films in the countries of the region. The car production volume of Asia Pacific increased from 44.3 million units in 2020 to 46.7 million units in 2021 as per the data provided by OICA, with a considerable increase in the percentage share of premium cars till 2020
• Paint protection films made up of thermoplastic polyurethane are substantially more resistant to fading and discoloration. These TPU films' adhesives have also been changed to make them simpler to remove. Together, these two elements do a considerably better job of protecting the original car paint than the paint protection films of the past
• Automotive & transportation has been the highest-penetrating application segment for the paint protection film market in the recent past. This is attributed to the increasing application scope in vehicle parts such as front bumpers, side mirrors, rocker panels, door handle cavities, hoods, door edges, and rear fender panels. Rising consumer awareness regarding the protection offered by paint protection films to vehicles with the cost associated with repainting is expected to drive consumption of paint protection film in the automotive & transportation segment
• Paint protection films have a life expectancy of 5 to 10 years. However, once damaged, they need to be removed and replaced. Furthermore, there are several small inferior paint protection film products and knockoffs available in the market that have a low lifespan. Such films lead to constant replacement, which adds to the plastic film waste. Although the plastic recycling industry across the globe is witnessing significant growth, the recycling of plastic films still poses a significant challenge for plastic recyclers

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

Paint Protection Film Market Segmentation

Grand View Research has segmented the global paint protection film market based on the material, application, and region:

Paint Protection Film Material Outlook (Volume, Thousand sq. Meter; Revenue, USD Million, 2019 - 2030)

• Thermoplastic Polyurethane (TPU)
• Polyvinyl Chloride (PVC)
• Others

Paint Protection Film Application Outlook (Volume, Thousand sq. Meter; Revenue, USD Million, 2019 - 2030)

• Automotive & Transportation
• Electrical & Electronics
• Aerospace & Defence
• Others

Paint Protection Film Regional Outlook (Volume, Thousand sq. Meter; Revenue, USD Million, 2019 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Indonesia
  • Thailand
  • Malaysia
• Central & South America
• Middle East & Africa

List of Key Players in the Paint Protection Film Market

• 3M
• XPEL Inc.
• Schweitzer-Mauduit International, Inc.
• Eastman Chemical Company
• Avery Dennison Corporation
• Saint-Gobain S.A.
• RENOLIT SE
• Ziebart International Corporation
• Hexis S.A.S
• Garware Hi-Tech Films 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.

Facade Market Get Facts About Business Strategies 2021 to 2028: Grand View Research Inc.

 Facade Market Growth & Trends

The global facade market size is expected to reach USD 336.6 billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2021 to 2028. The market is estimated to witness healthy growth over the forecast period owing to the development of advanced materials with capabilities that offer safety as well as visually appealing texture. Moreover, this exterior building face carries the attribute of both appearance and superior performance in a mode, unlike any other building system, which is expected to fuel the demand for the product over the next few years. The soaring need to lower heating and air-conditioning costs and achieve energy-efficiency is slated to stir up the demand for facades over the coming years. Growing focus on the development of sustainable products is likely to work in favor of the market.

The burgeoning popularity of green buildings and surging demand for high-transparency glasses that allow passage of light, while maintaining heat resistance, are poised to shape the future of the market. The market is projected to witness the application for high-performance and energy-saving solar control facades, which will contribute to higher economic benefits and eco-sustainability. Furthermore, the initiatives and regulations by government bodies, technological advancements, and the need for energy conservation are estimated to propel the market growth over the next seven years. The Green Building Initiative (GBI), a non-profit building assessment and certification organization in the U.S., awards ratings and prescribes principles for reducing the environmental impact. Such principles opted by companies may further spur the growth of the smart buildings industry, thereby stimulating the demand for smart building monitoring through facades.

Incidences of severe building fires have prompted public concern over the safety of facade materials. Facade materials play a vital role in fire safety as it is the outer part of the building that is directly in contact with fire. In addition, it is essential to select the cladding material at the design stage based on material combustion characteristics to significantly protect the buildings from fire. Thus, it is estimated to fuel the overall façade demand globally from 2021 to 2028.

Furthermore, the ongoing COVID-19 pandemic has had an adverse impact on the overall construction and real estate industry and subsequently, hampered market growth. However, with the announcement of economic relief packages across key countries, such as the U.S., India, the U.K., Germany, and others, the demand for facades is anticipated to see notable growth over the next seven years.

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

Facade Market Report Highlights

• By product, the ventilated facades segment is anticipated to exhibit the fastest CAGR over the forecast period owing to its energy-saving advantages and rich aesthetics
• Various government initiatives towards infrastructure development and a rise in the PPP model are encouraging the construction of commercial properties across the globe, which is subsequently propelling the market growth
• The commercial end-use segment held the leading revenue share in 2020 owing to the significant adoption of façade products for buildings in commercial applications, such as offices, airports, stadiums, and hotels, globally
• Asia Pacific dominated the market with a share of over 35.0% in 2020 owing to the growing construction of new commercial and industrial buildings in China, India, and Southeast Asia
• Several prominent players are strategically concentrating on establishing partnerships and agreements to acquire big projects in order to boost their overall sales and profitability

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

Facade Market Segmentation

Grand View Research has segmented the global facade market on the basis of product, end use, and region:

Facade Product Outlook (Revenue, USD Million, 2017 - 2028)

• Ventilated Facades
  • Curtain walls
  • Others
• Non-ventilated Facades
• Others

Facade End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Commercial
• Residential
• Industrial

Facade Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • Saudi Arabia
  • Kuwait
  • Bahrain
  • Qatar
  • UAE
  • Oman

List of Key Players of Facade Market

• Rockpanel Group (ROCKWOOL B.V.)
• Aluplex
• Bouygues
• Enclos
• EOS Framing Limited
• Saint-Gobain Group
• AFS International B.V.
• Kingspan Group
• Lindner Group
• Fundermax
• Gartner (Permasteelisa Group)
• HansenGroup
• Hochtief
• National Enclosure Company, LLC.
• Schuco International (OTTO FUCHS KG)
• Skanska
• Trimo d.o.o.
• Norsk Hydro ASA
• YKK AP 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.

Aerosol Market is Estimated To Reach A Valuation of $131.74 Billion by 2030: Grand View Research Inc.

 

Aerosol Market Growth & Trends

The global aerosol market size is expected to reach USD 131.74 billion by 2030, registering a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Aerosol has applications in personal care, household products, automotive, paints & varnishes, industrial, pharmaceutical, and food industries such as hair sprays, shaving gels, deodorants insecticides, air fresheners, grease, fabric cleaner, whipping cream, and inhaler.

The factors attributed to drive the market are introduction of new product formats and gender-specific products is expected to drive the demand for personal care products. The growing use of aerosol propellants in hair styling sprays, foaming face wash, shaving gel, deodorants & antiperspirants is expected to further drive the market.

Food is another segment that is expected to drive aerosol demand significantly over the forecast period. The rising use of aerosols in a variety of food products including whipping cream, icing and coffee powder, and chocolate is expected to fuel market expansion over the forecast period. The aerosols enhance the shelf life by keeping the food products 100% intact by creating a barrier between the external environment and food product and. Thus, the demand of aerosol packaging in food industry is increasing.

Further, the increased prevalence of respiratory disorders such as asthma in low- and middle-income countries followed by rising geriatric population and rate of environmental pollution have increased the prevalence of chronic obstructive pulmonary disease (COPD). Thus, the rising of respiratory disorder is expected to increase the importance of aerosol in MDI valves, DPI devices, and check valves in the near future.

However, stringent regulations is impacting the market of aerosol. For instance, the U.S. EPA has been regulating HFCs and other ozone-deteriorating chemicals under the Significant New Alternative Policy (SNAP) program for the past 20 years. The EPA also lists the substitutes for Ozone-Depleting Substances (ODS) in aerosol solvents and propellants, which are reviewed based on ozone depletion potential, global warming potential, toxicity, flammability, and exposure potential. Thus, stringent regulatory is creating high entry barriers for new Aerosol players entering into the market.

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

Aerosol Market Report Highlights

• Aluminum cans commanded the largest share of 60.6% in terms of revenue in the year 2022. Owing to high strength, lighter weight, and corrosion resistance properties offered by the aluminum. However, volatile raw material costs owing to increasing tariffs and growing power rate is expected to pose challenge to the market growth
• Household emerged as second largest among application segment by value of 31.0%, in 2022. Insecticides, plant protection, air fresheners, furniture & wax polishes are key sub segments of household segment. Aerosols are majorly preferred for various household application owing to their numerous benefits such as no leakages, controlled & targeted dispensing, and negligible wastage
• Europe accounted for the largest market share of 36.1% in 2022, by value owing to high cosmetics consumption in countries including UK, France, Italy, and Germany. Rapid growth of the fragrance industry in Germany, Italy, the Netherlands, and Spain is expected to drive the market
• Key companies are increasingly adopting market strategies such as acquisitions to strengthen their market position and expand into new territories 

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

Aerosol Market Segmentation

Grand View Research has segmented the global aerosol market on the basis of material, type, application and region:

Aerosol Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Steel
• Aluminum
• Others

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

• Bag-In-Valve
• Standard

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

• Personal Care
  • Deodorants
  • Hair Mousse
  • Hair Spray
  • Shaving Mousse/Foam
  • Suncare
  • Others
• Household
  • Insecticides
  • Plant Protection
  • Air Fresheners
  • Furniture & Wax Polishes
  • Disinfectants
  • Surface care
  • Others
• Automotive & Industrial
  • Greases
  • Lubricants
  • Spray Oils
  • Cleaners
• Food
  • Oils
  • Whipped Cream
  • Edible Mousse
  • Sprayable Flavours
• Paints
  • Industrial
  • Consumer
• Medical
  • Inhaler
  • Topical Application
• Others

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

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

List of Key Players of Aerosol Market

• Henkel AG & Co., KGaA
• C. Johnson & Son, Inc.
• Procter & Gamble
• Unilever
• Honeywell International Inc.
• Akzo Nobel N.V.
• Beiersdorf AG
• Estée Lauder Inc.
• Oriflame Cosmetics Global SA

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.

Next Generation Sequencing Market is Anticipated to Upgrade USD 31.26 Billion Revenue By 2030: Grand View Research Inc.

 Next Generation Sequencing Market Growth & Trends

The global next generation sequencing market size is expected to reach USD 31.26 billion by 2030, registering a CAGR of 21.12% from 2024 to 2030, according to a new report by Grand View Research, Inc. Next-generation Sequencing (NGS) is a parallel processing technique that can establish the sequence of nucleotides in a whole genome with scalability, ultra-high capacity, and fast speed. Furthermore, in the healthcare industry, NGS is gradually being incorporated into medical laboratory research, screening, and disease diagnoses. In personalized medicine, it has been frequently utilized to accelerate the drug research process.

Different potential sequencing methods such as RNA sequencing, whole-genome sequencing, and whole-exome and targeted sequencing amongst others are prominently used by researchers to get comprehensive sample analysis. When compared to the traditional Sanger sequencing technology, NGS is less expensive and provides higher throughput for DNA sequencing. The growing automation in the pre-sequencing protocols, post-sequencing protocols, and data analysis is also projected to have a positive impact on the NGS market. The utilization of novel platforms for the development of personalized medicine by medical analysis at a genetic level is also a significant factor, which is expected to enhance demand for NGS over the forecast period.

Besides, there are other significant growth trends that are being witnessed in the sequencing industry, such as the development of personalized medicine and companion diagnostics, growing advancements in cloud computing, and data integration. Furthermore, the easy availability of genomic and proteomic data has poised this market to exhibit potentially high-value avenues and opportunities for growth over the forecast period. The market growth is also being fueled by an increase in the global prevalence of cancer and the availability of sophisticated healthcare facilities. As per GLOBOCAN 2020, there have been 1,92,92,789 new cancer cases in 2020, with the number expected to rise to 2,88,87,940 by 2040. Such a substantial rise in the number of cancer cases is estimated to leverage cancer research which will eventually accelerate the NGS market growth.

The NGS diagnostic techniques have the potential to determine a virus's genomic sequence and aid scientists in their understanding of mutations. Furthermore, throughout the COVID-19 epidemic, governments across the globe have been collaborating with the corporate sector to introduce NGS technology to the market as a viable diagnostic tool. The US Food and Drug Administration granted Illumina Inc. a case of emergency use permit for the first COVID-19 diagnostic using the next-generation sequence technique in June 2020. The Illumina COVIDSeq Test for qualitative identification of SARS-CoV-2 RNA has been approved by the FDA. As a result, the usage of next-generation sequencing (NGS) technologies is projected to increase during the pandemic. 

Request a free sample copy or view the report summary: Next Generation Sequencing Market Report

Next Generation Sequencing Market Report Highlights

• By application, the oncology segment held the largest revenue share of 27.31% in 2023. The segment growth is prominently attributed to increasing in the prevalence of cancer and advancements in sequencing technologies
• The academic research segment is expected to grow lucratively over the forecast period due to an increase in application-based usage in these institutes and a rise in oncology research. In addition, advancements in R&D for therapeutics, oncology, and genomics research led to the growth of the market
• In Asia Pacific, the market is expected to grow considerably during the forecast period owing to extensive developments in healthcare infrastructure, the positive approach of respective countries for adoption of advanced technologies, and the presence of key players
• North America dominated the market with a share of 49.35% in 2023, due to the presence of high R&D investment, and availability of technologically advanced healthcare research framework, the development of WGS in the region is also expected to serve as a critical factor for the growth of the North America NGS market throughout the forecast period

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

Next Generation Sequencing Market Segmentation 

Grand View Research has segmented the global next generation sequencing market on the basis of technology, product, application, workflow, end-use, and region:

Next Generation Sequencing Technology Outlook (Revenue, USD Million, 2018 - 2030)

• WGS
• Whole Exome Sequencing
• Targeted Sequencing & Resequencing
  • DNA-based
  • RNA-based
• Others

Next Generation Sequencing Product Outlook (Revenue, USD Million, 2018 - 2030)

• Platform
  • Sequencing
  • Data Analysis
• Consumables
  • Sample Preparation
  • Target Enrichment
  • Others

Next Generation Sequencing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology
  • Diagnostics and Screening
    • Oncology Screening
      • Sporadic Cancer
      • Inherited Cancer
    • Companion Diagnostics
    • Other Diagnostics
  • Research Studies
• Clinical Investigation
  • Infectious Diseases
  • Inherited Diseases
  • Idiopathic Diseases
  • Non-Communicable/Other Diseases
• Reproductive Health
  • NIPT
    • Aneuploidy
    • Microdeletions
  • PGT
  • Newborn Genetic Screening
  • Single Gene Analysis
• HLA Typing/Immune System Monitoring
• Metagenomics, Epidemiology & Drug Development
• Agrigenomics & Forensics
• Consumer Genomics

Next Generation Sequencing Workflow Outlook (Revenue, USD Million, 2018 - 2030)

• Pre-Sequencing
  • NGS Library Preparation Kits
  • Semi-automated Library Preparation
  • Automated Library Preparation
• Sequencing
• NGS Data Analysis
  • NGS Primary Data Analysis
  • NGS Secondary Data Analysis
  • NGS Tertiary Data Analysis

Next Generation Sequencing End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Academic Research
• Clinical Research
• Hospitals & Clinics
• Pharma & Biotech Entities
• Other Users

Next Generation Sequencing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Next Generation Sequencing Market

• Illumina
• Hoffman-La Roche Ltd.
• QIAGEN
• Thermo Fisher Scientific, Inc.
• Bio-Rad Laboratories, Inc.
• Oxford Nanopore Technologies
• PierianDx
• Genomatix GmbH
• DNASTAR, Inc.
• Perkin Elmer, Inc.
• Eurofins GATC Biotech GmbH
• BGI

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.

Cannabidiol Market Projected to Discern Stable Expansion by 2030

 Cannabidiol Market Growth & Trends

The global cannabidiol market size is expected to reach USD 22.05 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 16.2% from 2023 to 2030. The growing recognition of the health benefits of cannabidiol, changing consumer attitudes towards CBD products, and shifting public opinion are some of the main factors contributing to the market's growth. Cannabidiol, a chemical found in the cannabis Sativa plant, is mainly derived from hemp due to its high CBD content. The cannabis Sativa plant contains over 80 cannabinoids, but cannabidiol is the most commonly used for medical purposes as it has no psychoactive effects. The COVID-19 pandemic impacted numerous industries, including the cannabis industry, causing disruptions in production and leading to a halt in the supply of cannabis products.

Quarantine measures have caused many retail stores to close, leading to a slowdown in the market. However, the demand for CBD is expected to rise in the coming years, potentially leading to a rebound in the industry in 2021. With the growing concern regarding the quality and safety of CBD, companies are investing in advanced testing and certification procedures to ensure they meet the highest standards. Consumers are becoming more aware of the impact of their purchasing decisions on the environment and are increasingly choosing organic and sustainably-sourced CBD. Major players in the industry are focused on introducing CBD-infused products.

Companies are exploring opportunities in international markets as the demand for CBD grows globally. Furthermore, they are investing in research and development to enhance the effectiveness and efficiency of their products, as well as to expand their offerings. The players are introducing new and innovative products, such as edibles, topicals, and beverages, to cater to the rising demand. For instance, in June 2021, Vertical Wellness announced its merger with CanaFarma Hemp Products Corp., a Canadian company offering multiple hemp-related products and services. The merger would result in Vertical Wellness, a U.S.-based CBD company, becoming a public entity with a combined value of USD 50 million.

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

Cannabidiol Market Report Highlights

• North America accounted for the largest revenue share of 87.7% in 2022 owing to the presence of major manufacturers, and approval of the U.S. Farm Bill
• Hemp-derived CBD dominated the market in 2022 with a revenue share of 54.5% owing to its higher purity and potential health benefits
• The B2B segment accounted for the largest share of 54.7% in 2022 owing to the increasing demand and rising number of businesses using cannabidiol as raw materials
• In 2022, the pharmaceuticals end-use segment accounted for the largest share of 73.5% owing to the rising use of cannabis derivate for various medical conditions

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

Cannabidiol Market Segmentation

Grand View Research has segmented the global cannabidiol market on the basis of source type, sales type, end-use, and region:

CBD Source Type Outlook (Revenue, USD Million, 2018 - 2030)

• Hemp
• Marijuana

CBD Sales Type Outlook (Revenue, USD Million, 2018 - 2030)

• B2B
  • By End-use
    • Pharmaceuticals
    • Wellness
      • Food & Beverages
      • Personal Care & Cosmetics
      • Nutraceuticals
      • Others
    • B2C
      • By Sales Channel
        • Hospital Pharmacies
        • Online
        • Retail Stores
      • By End-use
        • Medical
          • Chronic Pain
          • Mental Disorders
          • Cancer
          • Others
        • Personal Use

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

• Medical
  • Chronic Pain
  • Mental Disorders
  • Cancer
  • Others
• Personal Use
• Pharmaceuticals
• Wellness
  • Food & Beverages
  • Personal Care & Cosmetics
  • Nutraceuticals
  • Others

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

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • The Netherlands
  • Croatia
  • Poland
  • Czech Republic
  • Switzerland
• Asia Pacific
  • China
  • India
  • South Korea
  • Japan
  • New Zealand
  • Australia
• Latin America
  • Brazil
  • Argentina
  • Colombia
  • Mexico
  • Uruguay
  • Chile
• Middle East & Africa (MEA)
  • Israel
  • South Africa

List of Key Players in the Cannabidiol Market

• ENDOCA
• Cannoid, LLC
• Medical Marijuana, Inc.
• Folium Biosciences
• Elixinol
• NuLeaf Naturals, LLC
• Isodiol International, Inc.
• Pharmahemp d.o.o.

About Grand View Research

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