Buy Now Pay Later Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 Buy Now Pay Later Market Growth & Trends

The global buy now pay later market size is projected to reach USD 38.57 billion by 2030, registering a CAGR of 26.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the high purchasing power offered by the Buy Now Pay Later (BNPL) platforms, coupled with benefits such as interest-free and convenient payments. On the other hand, an increase in the demand for delayed payments for online shopping and a surge in spending on high-cost products are expected to offer lucrative opportunities for the market over the forecast period.

Several BNPL solution providers are striking partnerships with other fintech companies to offer BNPL services efficiently. For instance, in July 2023, At Home, a prominent home furnishing store chain in the U.S., introduced a new financing option, Synchrony Pay Later, to offer customers a BNPL solution. Through this program, consumers can apply for interest-free loans to make convenient equal payments over three months for single purchases ranging from USD 75 to USD 400 without negatively impacting their credit scores. This initiative complements At Home's existing At Home Insider Perks credit card, which provides six-month special financing options for qualifying purchases at the store. By integrating Synchrony Pay Later, At Home aims to provide customers with flexible and accessible payment alternatives for a seamless shopping experience.

Moreover, several fintech companies are focusing on developing innovative BNPL features for local shoppers worldwide. For instance, in March 2021, Payflex announced the launch of the BNPL feature for local shoppers in South Africa. Through this launch, local consumers would be able to purchase items from 500 well-known stores such as Superbalist, Cotton-on, and many more.

The COVID-19 pandemic had a positive impact on the BNPL market. A myriad of unexpected issues stemming from lockdowns, restrictions on people and goods movement, social distancing measures, and the growing awareness of BNPL solutions prompted various companies to adopt BNPL solutions to provide a better customer experience. As a result, BNPL solution providers witnessed exponential growth in their customer base and transaction volumes. For instance, overall BNPL transactions on ZestMoney jumped 300% in 2021 compared to 2020.

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Buy Now Pay Later Market Report Highlights

• In terms of channel, the POS segment is anticipated to register a significant CAGR over the forecast period. The availability of BNPL services at the POS provides a competitive advantage for retailers, as it can boost sales and increase customer loyalty. By offering BNPL as a payment option, retailers can attract more customers, particularly those who may have hesitated to purchase due to budget constraints or upfront payment requirements
• Based on enterprise size, the small & medium enterprises (SMEs) segment is anticipated to register the fastest CAGR of 27.4% over the forecast period. SMEs are widely adopting the BNPL services to maximize their tax deductions. These services help enterprises manage their expenses with flexible repayment options and transparent fees
• In terms of end-use, the retail segment dominated the market in 2022 with a revenue share of more than 73% as a result of rising awareness among millennials who are rapidly adopting BNPL services for paying for clothing, electronics, and others
• In terms of region, with the presence of a large number of BNPL service providers, the North America region dominated the market in 2022 with a revenue share of more than 29%, and is expected to create growth opportunities for the regional market growth over the forecast period

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Buy Now Pay Later Market Segmentation

Grand View Research has segmented the global buy now pay later market based on channel, enterprise size, end-use, and region:

Buy Now Pay Later Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Online
• POS

Buy Now Pay Later Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Buy Now Pay Later End-use Outlook (Revenue, USD Billion, 2017 - 2030)

• Retail
  • Consumer Electronics
  • Fashion & Garment
  • Others
• Healthcare
• Leisure & Entertainment
• Automotive
• Others

Buy Now Pay Later Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Buy Now Pay Later Market

• Affirm, Inc.
• Klarna Inc.
• Splitit Payments, Ltd.
• Sezzle
• Perpay Inc.
• Zip Co, Ltd
• PayPal Holdings, Inc.
• AfterPay Limited
• Openpay
• LatitudePay Financial Services
• HSBC 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.

Dehumidifier Market is Projected to Boost $5,129.5 Million by 2030: Grand View Research Inc.

Dehumidifier Market Growth & Trends

The global dehumidifier market is expected to reach USD 5,129.5 million by 2030, registering a CAGR of 6.8% over the forecast period, according to a new report by Grand View Research, Inc. dehumidifier market growth is significantly driven by increasing applications for the improvement of indoor air quality for the residential, commercial, and industrial purposes.

Growth in the number of hotels, restaurants, and cafes is expected to propel the global dehumidifier market. Changing consumer lifestyles and rising café culture are the factors driving the HoReCa industry across the world. The demand for dehumidifiers for such commercial businesses to keep the air fresh and prevent the formation of mold and fungus is expected to grow during the forecast period.

Additionally, dehumidifiers are also used to reduce the humidity and moisture control in the manufacturing of lithium-ion batteries. Relative humidity which needs to be as low as 1.0% to 10.0% is the most crucial and important factor governing the manufacturing process. Demand for electric vehicles is propelling the manufacturing of lithium-ion batteries and is expected to drive the dehumidifier market growth.

Moreover, rising demand for water and wastewater treatment plants is expected to drive the growth of the dehumidifier market. Dehumidifiers are used in waste and fresh water treatment facilities to prevent corrosion of the equipment. Growing concern about the scarcity of water is expected to drive the water treatment facilities and also propel the demand for dehumidifiers.

The COVID-19 outbreak had a negative impact on the growth of this product in 2020. Due to the decreased demand from the industrial sector, and the disruption of the supply chain for raw materials, the dehumidifier market growth plummeted. Owing to the resumption of industrial manufacturing and trade activities market is likely to recover gradually during the forecast period.

Companies in the industry are actively focusing on expansion and industry penetration with the strategies such as product innovation & launches, mergers & acquisitions, joint ventures, etc. For instance, in April 2020, Corroventa launched a new dehumidifier in the market. The new dehumidifier A1 is the smallest adsorption dehumidifier designed for powerful dehumidification.

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Dehumidifier Market Report Highlights

• The desiccant dehumidifier segment accounted for a 56.3% market share in 2022 attributed to the wide application in industrial manufacturing, commercial building, and residential places
• Portable dehumidifier segment is anticipated to grow at a significant CAGR of 7.1% during the forecast period. The rising product awareness among the masses and rising demand from the residential & commercial sector is driving the market
• Industrial segment accounted for 45.5% of the market share in 2022 owing to the extensive use of dehumidifiers in warehousing & storage, printing, water treatment, and the manufacturing industry
• Asia Pacific is anticipated to witness significant growth of a CAGR of 7.3% during the forecast period. This is attributed to the increasing product awareness, growth of the industrial sector, and rising health consciousness among consumers
• In August 2022, DryGair Energies Ltd., Israel based manufacturer of dehumidification solutions, announced a distribution agreement with RMJ Supply. The company will distribute DryGair dehumidifiers, developed for greenhouses; grow rooms, nurseries, etc.

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Dehumidifier Market Segmentation

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

Dehumidifier Technology Outlook (Revenue, USD Million; 2018 - 2030)

• Refrigerative Dehumidifier
• Desiccant Dehumidifier
• Electronic/Heat Pump Dehumidifier

Dehumidifier Product Outlook (Revenue, USD Million; 2018 - 2030)

• Portable Dehumidifier
• Fixed Dehumidifier

Dehumidifier Application Outlook (Revenue, USD Million; 2018 - 2030)

• Residential
• Commercial
  • Fitness Centers & Swimming Pool
  • HoReCa
  • Other
• Industrial
  • Warehouse & Storage
  • Manufacturing
  • Other

Dehumidifier Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List Of Key Players Of Dehumidifier Market

• LG Electronics Inc.
• Honeywell International Inc.
• Haier company
• De’Longhi Appliances S.r.l.
• Whirlpool Corporation
• Munters Group
• CondAir Group
• Bry-Air Inc.
• Stulz GmbH
• Danby Products 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.

U.S. Minor Cannabinoids Market Growth in the Coming Years

 U.S. Minor Cannabinoids Market Growth & Trends

The U.S. minor cannabinoids market size is expected to reach USD 33.3 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.0% from 2024 to 2030. Rising use of cannabinoid-based products and awareness regarding the health benefits associated with cannabinoid consumption are some of the crucial factors supporting the growth.

Minor cannabinoids have potential therapeutic benefits, including anti-inflammatory, analgesic, and neuroprotective effects. There is a growing interest in developing pharmaceuticals and nutraceuticals containing minor cannabinoids for the treatment of various medical conditions, such as chronic pain, anxiety, and sleep disorders. For instance, in January 2021, Lygos, Inc. announced the commercial availability of cannabichromene (CBC) that has a wide range of anti-inflammatory, antioxidant, and pain management properties.

Wellness products such as supplements, tinctures, and topicals incorporate minor cannabinoids. These products are marketed as natural remedies for various health issues, and are becoming popular among consumers who are looking for alternatives to traditional medications. For instance, Nextraction, a supplier of personal care and health & wellness products, launched Kriva—a range of Cannabinol (CBN), cannabidiol acid (CBDA), and Cannabigerolic acid (CBGA)—in topical and ingestible formulas.

Various organic and inorganic developments done by key players to strengthen their business avenues and footprints in the U.S. minor cannabinoids industry are anticipated to facilitate market expansion over the forecast period. In October 2022, Purissima, Inc., a biotechnology company in partnership with Open Book Extracts (OBX), launched its first fermentation-derived natural CBC products such as gummies, topical serums, tinctures, and capsules.

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U.S. Minor Cannabinoids Market Report Highlights

• Based on product type, the tetrahydrocannabivarin (THCV) segment dominated the market with a revenue share of 25.9% in 2023, owing to increasing application of THCV in the management of conditions such as arthritis, metabolic disorders, and epilepsy
• Based on application, the neurological disorders segment accounted for a significant revenue share in 2023, due to the rising prevalence of neurological disorders and applications of cannabinoids in their management
• Some of the major market players include GCM Holdings (Global Cannabinoids), LLC, GenCanna, Mile High Labs, ZERO POINT EXTRACTION, LLC, BulKanna, and CBD. INC.

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U.S. Minor Cannabinoids Market Segmentation

Grand View Research has segmented the U.S. minor cannabinoids market based on product and application:

U.S. Minor Cannabinoids Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Cannabigerol (CBG)
• Cannabichromene (CBC)
• Cannabinol (CBN)
• Tetrahydrocannabivarin (THCV)
• Cannabigerolic Acid (CBGA)
• Others (Cannabidiolic Acid (CBDA), Cannabidivarin (CBDV), and other minor cannabinoids)

U.S. Minor Cannabinoids Application Outlook (Revenue, USD Million, 2018 - 2030)

• Inflammation
• Pain Management
• Neurological Disorders
• Cancer
• Others

List of Key Players in the U.S. Minor Cannabinoids Market

• Mile High Labs
• GCM Holdings, LLC (Global Cannabinoids)
• CBD INC.
• Rhizo Sciences
• Laurelcrest
• Fresh Bros Hemp Company
• BulKanna
• High Purity Natural Products.
• ZERO POINT EXTRACTION, LLC

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.

Wi-Fi 6, Wi-Fi 6E And Wi-Fi 7 Chipset Market To Benefit from Increased Global Uptake of 2023 By 2030

 Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market Growth & Trends

The global wi-fi 6, wi-fi 6E, and wi-fi 7 chipset market size is expected to reach USD 80.88 billion by 2030, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 14.9% from 2023 to 2030. The growing demand for bandwidth capacity among consumers and enterprises for providing support for smart devices is one of the key factors driving the global market.

Increasing trends of e-learning techniques have expanded the deployment of next-generation wireless network infrastructure across several schools, universities, offices, and residents. In addition, accessing undisturbed content during online video streaming services has increased the need and demand for installing wi-fi 6, wi-fi 6E, and wi-fi 7 devices across the globe. Therefore, the increasing adoption of e-learning is expected to fuel the wi-fi 6, wi-fi 6E, and wi-fi 7 chipsets demand from 2022 to 2030.

With the evolution of industry 4.0., manufacturers from various industry verticals such as General Motors Company, BMW Group, Ford Motor Company, Volkswagen Group, and Toyota Group are implementing advanced technologies to transform their manufacturing facilities into smart and intelligent factories. A smart factory integrates numerous intelligent devices such as collaborative robots, IoT sensors, wireless cameras, and automated guided vehicles (AGV) to achieve self-adapting manufacturing capabilities. Providing seamless connectivity to these devices requires next-generation infrastructure, which is expected to accelerate the adoption of wi-fi 6 and wi-fi 6E devices worldwide. Therefore, it is anticipated to fuel the demand for chipsets over the next seven years.

Wi-fi 6, wi-fi 6E, and wi-fi 7 devices support multi-user, multi-input multi-output communications (MU-MIMO). The wi-fi 6 and 6E technology operates on the 6GHz band that can handle up to 12 upstream and downstream data streams on various frequency bands, such as 5GHz, 2.4GHz, and 6GHz. The wi-fi 7 technology using its 320MHz channel provides a high-speed advantage as compared to wi-fi 6 and 6E technology. With the notable investment opportunities in the smart cities globally, the next-generation wi-fi chipset-enabled devices would play a pivotal role in catering to the growing need for integrated internet connectivity for the mass population situated in public venues such as railway stations, bus stands, and airports. Thus, it is expected to bolster global market growth from 2022 to 2030.

Initially, in the 1st and 3rd quarters of 2020, the COVID-19 outbreak affected the production and supply chains for the wi-fi chipsets globally. The primary reason for this is the lockdown implemented by the governments across key countries such as the U.K., the U.S., Germany, and China. These lockdowns have forced the companies to temporarily shut down their manufacturing facilities and initiated restrictions on international travel. However, in the latter Q3 of 2020, the governments across many countries have provided certain relaxations in the lockdown, which has helped companies significantly recover the economic losses that happened during the Covid-19 times. Thus, it is expected to increase the overall market growth in the next seven years. Moreover, the high investments in the healthcare industry to create digitally advanced network infrastructure is further expected to drive the global market.

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Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market Report Highlights

• By device type, the WLAN infrastructure devices segment dominated the overall market with a revenue share of more than 40.8% in 2022. Increasing deployment of Wi-Fi 6 gateways and routers in commercial, residential, and industrial applications propelled the segment growth
• The Wi-Fi 7 chipset type segment uses a 4K QAM modulation scheme to increase the throughput value, fuelling the market growth over the forecast period. The Wi-Fi 7 chipset features flexible channel utilization, minimizing the network's interference and enhancing connectivity
• Based on volume, Asia Pacific held the largest share of over 33.1% in 2022 owing to the proliferation of smart devices across the region. Moreover, the availability of major electronic manufacturing bases in Japan, China, and South Korea is anticipated to fuel market growth
• Increased spending on the deployment of digital infrastructure in the healthcare sector, rising smart city, and smart factory projects have propelled the growth of Wi-Fi chipsets in the U.S.
• Several key players operating in the market across the globe are mainly focusing on acquisitions, mergers, and collaborations to strengthen their market presence and expand the overall product offerings

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Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market Segmentation

Grand View Research has segmented the global wi-fi 6, wi-fi 6E, and wi-fi 7 chipset market based on chipset type, device type, application, and region:

Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

• Wi-Fi 6
• Wi-Fi 6E
• Wi-Fi 7

Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Device Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

• WLAN Infrastructure Devices
• Consumer Devices
  • Smartphones/Tablets
  • Desktops/Laptops
  • AR/VR and Wearables
  • Smart Home Devices
  • Others
• Wireless Cameras
• Industrial IoT Devices
• Connected Vehicles
• Drones
• Others

Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Application Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

• Residentials/Consumers
• Commercial
  • Enterprises/Corporates
  • Airports
  • Stadiums
  • Malls/Shops
  • Hospitals
  • Hotels & Restaurants
  • Educational Campuses
  • Others
• Industrial
  • Smart Manufacturing
  • Energy & Utility
  • Oil & Gas and Mining
• Smart City
• Transportation & Logistics
• Government & Defense
• Others

Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Regional Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

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

List of Key Players in the Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market

• Broadcom Inc.
• Qualcomm Technologies, Inc.
• ON Semiconductor Connectivity Solutions, Inc.
• Intel Corporation
• Celeno
• MediaTek Inc.
• Texas Instruments Incorporated
• Cypress Semiconductor Corporation
• STMICROELECTRONICS N.V.
• NXP SEMICONDUCTORS N.V.

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.

Cookware Market Latest Innovations, Drivers and Industry Key Events 2024– 2030: Grand View Research Inc.

Cookware Market Growth & Trends

The global cookware market is expected to reach USD 49.85 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.3% from 2024 to 2030. The rising instance of people who enjoy cooking at home is driving the market demand for cookware. In the scenario of wellness- and hygiene-driven choices, consumers have been opting for home-cooked meals to protect themselves from outside germs and viruses. Cooking reality shows have spurred an interest in mastering culinary skills and learning new cooking techniques as well as cuisines. This trend is positively influencing the sale of cookware. According to the New York Post in May 2020, ratings for programming on the Food Network were up by 25% in April and HGTV’s ratings were up by 22%, with 1.3 million viewers in primetime during the quarantine.

Moreover, millennials have significantly driven the popularity of cook-at-home meals, which in turn, is driving the growth of cookware products. More color, adaptable pieces for smaller spaces, and pieces that meet consumer’s individual needs are some of the trends shaping the market in the residential sector. The living standards of consumers have evolved and improved over time owing to a rise in disposable incomes and the migration of millennials to cosmopolitan cities.

The non-stick/ coated cookware segment is growing at fastest growth rate over the forecast period. The growing consumer preference for healthy recipes without added fats or oils and preserving food flavors have driven the demand for nonstick cookware across the globe. In addition, the harmful effects of Teflon coatings have led to innovation in products driving the market growth. In June 2023, Tefal, a cookware brand of one of the key European players Groupe SEB, launched RENEW, a new range of pots and pans made from 100% recycled aluminum, featuring the exclusive Inoceramic nonstick ceramic coating.

Pressure cooker is growing at fastest growth rate over the forecast period. Stainless steel and hard-anodized aluminum-based cookers are gaining popularity because they are long-lasting, lightweight, nonstick, and energy-efficient. Pressure cookers covered with hard anodized ceramic and aluminum, among other materials, are in increased demand. When compared to the stovetop variants, electric pressure cookers are more acceptable for use.

Sales through Online distribution channel is expected to propel the market growth over the forecast period. This can be attributed to technological advancements and the rising preference for online platforms to purchase cookware products as they offer convenience, right from product selection to delivery. A blog post from CYBERCREW.UK from March 2023 states that, in January 2022, e-commerce sales made up 27.1% of all retail sales in the U.K. Furthermore, the percentage of U.K. users who purchase online reached an astounding 87% in 2020.

Asia Pacific is fastest growing region in market growth over the forecast period owing to shifting trends in eating culture, such as the rising prominence of social and casual dining, have resulted in an increased demand for innovative cookware products in Asia Pacific. Furthermore, consumers in region are prioritizing convenience, healthier cooking options, and simplicity of cleaning, which is driving the demand for cookware due to the growing trend of home-cooked meals, particularly since the pandemic.

Manufacturers have been adopting strategies such as new product launches, partnerships, and mergers to gain significant market share and reach new audience. For instance, In January 2023, Groupe SEB had its partnership extended with GXO, a contract logistics provider. The partnership will provide Groupe SEB with additional warehouse space to support sustainable growth, enabling its omnichannel business to deliver a superior customer experience in the UK and Ireland using customized end-to-end supply chain solutions.

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Cookware Market Report Highlights

• Non-stick/ coated dominated the market owing to the growing popularity of modular kitchens and rising living standards are driving the need for nonstick cookware items in both the residential and commercial markets
• The pots & pans segment dominated the market owing to rising demand for multi-purpose and colorful pans across the globe
• The cast iron cookware segment is expected to grow at the fastest rate over the forecast period due to it is ideal for stews, soups, casserole dishes, and baking bread. It offers exceptional cooking performance and versatility, making it suitable for various culinary projects
• The online distribution channel is set to grow at the fastest rate due to its convenience, flexibility, and consumer comfort with this channel
• Asia Pacific is projected to emerge as a lucrative region for market. This can be attributed to the growing middle class, increasing disposable income, and the popularity of cookware in the region

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Cookware Market Segmentation

Grand View Research has segmented the global cookware market report on the basis of type, product, material, application, distribution channel, and region:

Cookware Type Outlook (Revenue, USD Million, 2018 - 2030)

• Standard /Non-Coated
• Non-Stick/ Coated
  • Teflon (PTFE) Coated
  • Ceramic Coated
  • Enamel Coated
• Others

Cookware Product Outlook (Revenue, USD Million, 2018 - 2030)

• Pots & Pans
• Pressure Cooker
• Cooking Racks
• Cooking Tools
• Bakeware
• Microware Cookware

Cookware Material Outlook (Revenue, USD Million, 2018 - 2030)

• Stainless Steel
• Carbon Steel
• Cast Iron
• Aluminum
• Glass
• Stoneware
• Others

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

• Residential
• Commercial

Cookware Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarket/ Hypermarket
• Specialty Stores
• Online
• Others

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

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

List of Key Players in Cookware Market

• Groupe SEB
• Werhahn Group
• Target
• Meyer Corporation
• Fissler
• Tramontina
• Newell Brands Inc.
• SCANPAN
• TTK Prestige Ltd.
• The Vollrath Co., L.L.C.
• Hawkins Cookers Limited

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.

Interactive Kiosk Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 Interactive Kiosk Market Growth & Trends

The global interactive kiosk market size is expected to reach USD 52.74 million by 2030, registering a CAGR of 7.1% over the forecast period, according to a new study conducted by Grand View Research, Inc. Increasing consumer involvement in the purchase process and an extensive focus on customized service delivery by industry players are the major factors driving the adoption of interactive kiosks. The geographical expansion and service enhancement using interactive kiosks enable companies to offer convenient, swift, and hassle-free service to customers with enhanced safety and security. The North American regional market dominated the global market in 2021.

The region’s growth can be attributed to incumbents of the retail and BFSI verticals, who continue to deploy interactive kiosks as part of their efforts to enhance the consumer experience. However, the Asia Pacific regional market is expected to register the fastest CAGR over the forecast period as the retail, hospitality, BFSI, and healthcare verticals continue to grow. Incumbents of these industries continue to emphasize customer engagement. Based on end uses, the market has been further segmented into BFSI, retail, food & beverage, healthcare, government, travel & tourism, and others. Manufacturers have developed multiple self-service kiosks solutions for segments, such as travel & tourism, and healthcare.

These interactive kiosks enable customers to carry out self-check-in/-out in hotels, carry out self-baggage check-in, book tickets, view product information, book appointments, and so on. Stringent regulatory and legal standards, such as the General Data Protection Regulation (EU GDPR), Americans with Disabilities Act (ADA), and UL standards, are the significant challenges impacting the broader adoption of interactive self-service kiosks. GDPR compliance focuses on protecting customers’ private data to enhance safety and prevent unauthorized access to private information. The ADA standards provide access specifications to any public access system for disabled individuals. However, the threat of cyber-attacks and high costs of installation, maintenance, &support may hinder the market growth.

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Interactive Kiosk Market Report Highlights

• The market is technology-driven and rapidly evolving market due to continuous advancements in communication and payment technologies
• This, in turn, has widened the scope of application in various industries, such as retail, banking, hospitality, entertainment, and government
• The declining prices of hardware and improved transaction safety features have led to increased product adoption by various businesses
• Mandatory government regulations regarding data privacy/protection and regulatory standards, such as ADA and UL, will have a major impact on the adoption of interactive kiosks as a service delivery tool
• Asia Pacific regional market is expected to witness the fastest CAGR over the forecast period

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Interactive Kiosk Market Segmentation

Grand View Research has segmented the global interactive kiosk market based on component, type, end-use, and region:

Interactive Kiosk Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Display
  • Printer
  • Others
• Software
  • Windows
  • Android
  • Linux
  • Others (iOS, Others)
• Service
  • Integration & Deployment
  • Managed Services

Interactive Kiosk Type Outlook (Revenue, USD Million, 2017 - 2030)

• Automated Teller Machines (ATMs)
• Retail Self-Checkout
• Self-Service
• Vending

Interactive Kiosk End-use Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Retail
• Food & Beverage
• Healthcare
• Government
• Travel & Tourism
• Others

Interactive Kiosk Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
  • Singapore
  • Thailand
  • Indonesia
  • Malaysia
  • Vietnam
  • Australia
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players of Interactive Kiosk Market

• NCR Corp.
• Diebold Nixdorf AG
• ZEBRA Technologies Corp.
• Advanced Kiosks
• Embross Group
• GRGBanking
• IER SAS

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. Fencing Market Size Is Predicted To Reach A Valuation Of $12.70 Billion By 2030: Grand View Research Inc.

 U.S. Fencing Market Growth & Trends

The U.S. fencing market size is expected to reach USD 12.70 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.0% from 2022 to 2030. This growth can be attributed to increasing consumer preference for residential safety and security. Moreover, growing concern for improved home decor and increasing residential construction projects are also estimated to drive the market over the forecast period.

The fencing industry is primarily driven by factors such as increasing housing construction and growing demand from end-user industries such as the residential, industrial, and agricultural sectors. In the residential sector, vinyl fence is mostly preferred due to their low maintenance, durability, and eco-friendly characteristics. Wooden fences are predominant in areas close to forests whereas wire fences are more preferred in industrial applications.

Key players operating in the U.S. market for fencing have been categorized into industry leaders, emerging players, innovators, and niche players. The fencing market in the U.S. is extremely competitive because of the vast number of companies. To retain their position in the fence industry, leading manufacturers in the U.S. are concentrating on research and development operations to lower operational costs, boost production and storage efficiency, and improve product quality; to retain their position in the fence industry.

Several technologies are used in fencing, and one such technology is the electric security fencing system which is a form of wired barrier that deters animals and people from breaching a border by using electric shocks. These systems may also be used to protect agricultural fields from other unanticipated dangers. Furthermore, the wires immediately trigger an alert, which is sent to the security officers stationed in the nearby locality.

This distribution network for fencing in the U.S. is extensive and competitive. To maintain leadership, dominant companies have turned to merger and acquisition strategies. On a local level, there is intense competition among the players. Companies actively compete with each other using various marketing and advertising strategies to increase their share. In addition, there is a high potential for market consolidation in the U.S. that is anticipated to lead to intense rivalry in the future years.

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U.S. Fencing Market Report Highlights

• Metal fencing including aluminum, steel, and ornamental accounts for the largest market share of 55.43% in 2021 on account of its affordability, cost-effectiveness, security, and aesthetic value. These fencings are preferred by government organizations, public organizations, associations, and businesses. Chain link, a type of metal fencing, is highly popular in residential areas because of its affordable price
• Residential application dominated the market in 2021 and is expected to reach USD 8.2 billion by 2030, owing to rising housing rebounds or residential completions, together with rising consumer interest in home décor and home remodeling, which are expected to stimulate industry demand. The application is gaining the majority of its revenue from metal and PVC fences
• South U.S. region is estimated to witness the fastest CAGR of 5.8%, owing to the increase in the adoption of fencing materials to safeguard their cattle and property in a variety of locations around the southern region of the U.S., which will be a significant driver for the region's fencing industry. Furthermore, huge investments in the construction sectors will boost the demand for fencing products in the region
• The industry is dominated by a large number of big and small players. Many of these players enjoy high brand equity and have strong operational and R&D profiles. Competitive rivalry is high due to the medium level of threat of product substitution coupled with the risk of new players entering the market. Large and dominant players in this industry have adopted the strategies of mergers and acquisitions to retain their leadership

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

U.S. Fencing Market Segmentation

Grand View Research has segmented the U.S. fencing market based on material, application, and region:

U.S. Fencing Material Outlook (Revenue, USD Million, 2021 - 2030)

• Metal
• Wood
• Plastic & Composites
• Concrete

U.S. Fencing Application Outlook (Revenue, USD Million, 2021 - 2030)

• Residential
• Others

U.S. Fencing Regional Outlook (Revenue, USD Million, 2021 - 2030)

• Northeast U.S.
• Midwest U.S.
• South U.S.
• West U.S.

List of Key Players in the U.S. Fencing Market

• Allied Tube & Conduit
• Ameristar Fence Products Incorporated
• Associated Materials LLC
• Bekaert
• CERTAINTEED
• Gregory Industries
• Jerith Manufacturing
• Long Fence Company Inc.
• Ply Gem Residential Solutions
• Poly Vinyl Creations

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.

Plate & Frame Heat Exchangers Market Poised to Garner Maximum Revenues During 2024– 2030: Grand View Research Inc.

 Plate & Frame Heat Exchangers Market Growth & Trends

The global plate & frame heat exchangers market is anticipated to reach USD 8.80 billion by 2030 and is anticipated to expand at a CAGR of 6.1% during the forecast period of 2024 to 2030, according to a new report by Grand View Research, Inc. The rapid growth in the chemical & petrochemical industries coupled with rapid industrialization in the Asia Pacific region are expected to propel the market demand in the coming years.

According to the India Brand Equity Foundation (IBEF), the pharmaceuticals industry is recognized as the sunrise sector for the economy of the country in the Union Budget-2022. It is predicted to triple in size in the next few years. According to the Economic Survey for 2021–2022, the pharmaceutical industry in India is projected to reach USD 65 billion by 2024. The growth of the industry in the country can be attributed to the leadership of domestic manufacturers that offer generic pharmaceutical formulations. Thus, the growing pharmaceuticals industry in India is expected to lead to surged demand for plate & frame heat exchangers market used in it during the forecast period.

Most processes in the petrochemical industry involve high pressure and temperature, thereby necessitating the optimization of heat transfer as well as the enhancement of energy savings. Factors such as the type of fluid heated or cooled govern the choice of reactor design in petrochemical production facilities. Temperature control plays a key role in the petrochemical production process to minimize the formation of undesired by-products. This necessitates the requirement for heat exchangers such as plate & frame heat exchangers to enhance productivity and reduce energy loss in the reactors.

The plate & frame heat exchanger is an essential part of the power generating units and plants as it is required for the evaporation of working fluids, condensation of working fluids, extraction of heat, cooling of lube oil, and cooling of motor cooling water. The heat exchanger is a low-cost, effective, and efficient means of heat transfer. The European Union is installing new power generation plants to ensure efficient energy consumption, which is in line with the norms set by the European Parliament in 2009. The new and efficient heat exchangers, which are installed in the power generating plants, are expected to reduce the overall energy consumption. Such government initiatives are expected to drive the market growth over the forecast period.

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Plate & Frame Heat Exchangers Market Report Highlights

• Gasketed segment dominated the product segment with 56.4% share in 2023. The physical design of the gasket plate & frame heat exchanger allows easy removal of plates for expansion, cleaning, or replacement, which further reduces the maintenance cost. As gasketed plate & frame heat exchangers are easy to clean, they are typically utilized for pharmaceutical and food processing, where a high degree of sanitation is required.
• Welded plate & frame heat exchangers are similar to gasketed ones; however, in the case of welded heat exchangers, the plates are welded together. Welded plate & frame heat exchangers are ideal for transferring fluids containing corrosive materials with high temperatures as these heat exchangers are extremely durable.
• Plate & frame heat exchangers are used in the chemical processing industry (CPI) on account of their properties, such as design flexibility and high corrosion resistance. Their properties provide them with the ability to handle fluids having varying levels of solids. These heat exchangers are majorly used in the production processes of sulfuric acid, nitric acid, phosphoric acid, and urea.
• Asia Pacific dominated the market owing to the increasing investments in the chemical sector and the growing manufacturing sector.
• Market players operating in the market Alfa Laval, Danfoss, Kelvion Holding GmbH, Guntner GmbH & Co. KG, Xylem, Inc., API Heat Transfer, Inc., Hisaka Works Limited, HRS Heat Exchangers, SPX Flow, Inc.
• In May 2023, the Brazed & Fusion Bonded Heat Exchangers Business Unit of Alfa Laval revealed plans to boost the manufacturing of brazed plate heat exchangers in response to growing demand during the continuous global energy transition.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-plate-frame-heat-exchanger-market

Plate & Frame Heat Exchangers Market Segmentation

Grand View Research has segmented the global plate & frame heat exchangers market based on product, end-use, and region:

Plate & Frame Heat Exchangers Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Brazed
• Gasketed
• Welded
• Others

Plate & Frame Heat Exchangers End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Chemical
• Food & Beverage
• HVAC & refrigeration
• Oil & Gas
• Power Generation
• Pulp & Paper
• Others

Plate & Frame Heat Exchangers Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Plate & Frame Heat Exchangers Market

• Alfa Laval
• Danfoss
• Kelvion Holding GmbH
• Guntner GmbH & Co. KG
• Xylem, Inc.
• API Heat Transfer, Inc.
• Hisaka Works Limited
• HRS Heat Exchangers
• SPX Flow, Inc.
• SWEP International AB

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

Commercial Drone Market Growth & Trends

The global commercial drone market size is expected to reach USD 57.16 billion by 2030, expanding at 13.9% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the rising demand for commercial drones across various verticals, such as media and entertainment, agriculture, logistics, security, law enforcement, and real estate. Most end-use verticals include a significant portion of operational activities that are expected to benefit notably from drones due to the automation of business operations.

The growing proclivity for the 5G delivery model and implementing cloud computing technologies into the drone is expected to provide substantial growth opportunities for the commercial drone industry. Drones based on high-speed internet interact in challenging environments while performing tasks such as command and control, media sharing, and autonomous flying. In May 2023, Nokia launched a CE-certified, 5G drone-in-a-box solution designed to meet organizational demands, including smart cities, public safety agencies, construction, energy, and defense. The Nokia Drone Networks connect over public and private 5G and 4G/LTE networks to improve situational awareness for first responders as well as other professionals.

The continued technological advancements are expected to shape the commercial drone industry's outlook in the coming years. Drones have evolved from offering only the basic controls to 3D robotics, AI, Gimbals, safety modes, carrying capacity, high-quality video, etc. High-end drones equipped with in-build protections and compliance technology, self-monitoring capabilities, and smart precision sensors are expected to create new opportunities in the commercial sectors.

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Commercial Drone Market Report Highlights 

• Asia Pacific accounted for the highest market share of almost 30% in 2022. The factors such as supportive legislation and the increasing adoption of commercial drones by government authorities are expected to drive the regional market growth over the forecast period
• In terms of product, the fixed-wing segment is expected to witness significant growth at a CAGR of around 14% over the forecast period due to the increasing demand for mapping and surveying applications
• In terms of application, the precision agriculture segment is anticipated to witness substantial growth, as drones find important usage in various vital farm operations, including examination and preparation of crop plantation and field monitoring to regulate the growth and health of crops
• In terms of end-use, the delivery & logistics segment is expected to record a CAGR of over 17% from 2023 to 2030 with the increasing adoption of drones for cargo, medicines, and food delivery

Access Press Release@ https://www.grandviewresearch.com/press-release/commercial-drone-market

Commercial Drone Market Segmentation

Grand View Research has segmented the global commercial drone market based on product, application, end-use, propulsion type, range, operating mode, endurance, maximum takeoff weight, and region:

Commercial Drone Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Fixed wing
• Hybrid
• Rotary blade

Commercial Drone Application Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial
  • Filming & Photography
  • Inspection & Maintenance
  • Mapping & Surveying
  • Precision Agriculture
  • Surveillance & Monitoring
  • Others
• Government & Law Enforcement
  • Firefighting & Disaster Management
  • Search & Rescue
  • Maritime Security
  • Border Patrol
  • Police Operations
  • Traffic Monitoring
  • Others

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

• Agriculture
• Delivery & Logistics
• Energy
• Media & Entertainment
• Real Estate & Construction
• Security & Law Enforcement
• Others

Commercial Drone Propulsion Type Outlook (Revenue, USD Million, 2018 - 2030)

• Gasoline
• Electric
• Hybrid

Commercial Drone Range Outlook (Revenue, USD Million, 2018 - 2030)

• Visual Line of Sight (VLOS)
• Extended Visual Line of Sight (EVLOS)
• Beyond Visual Line of Sight (BVLOS)

Commercial Drone Operating Mode Outlook (Revenue, USD Million, 2018 - 2030)

• Remotely Piloted
• Partially Piloted
• Fully Autonomous

Commercial Drone Endurance Outlook (Revenue, USD Million, 2018 - 2030)

• <5 Hours
• 5 - 10 Hours
• >10 Hours

Commercial Drone Maximum Takeoff Weight Outlook (Revenue, USD Million, 2018 - 2030)

• <25 Kg
• 25 - 500 Kg
• >500 Kg

Commercial Drone Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Ireland
  • Sweden
  • Denmark
  • Norway
  • Finland
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • UAE
  • South Africa 

List of Key Players in the Commercial Drone Market

• Aeronavics Ltd.
• AeroVironment Inc.
• Autel Robotics
• SZ DJI Technology Co Ltd
• Draganfly Innovations Inc.
• Guangzhou EHang Intelligent Technology Co. Ltd
• Intel Corporation
• Parrot Drones SAS
• PrecisionHawk Inc.
• YUNEEC International

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.