Intermediate Bulk Container Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 Intermediate Bulk Container Market Growth & Trends

The global intermediate bulk container market size is expected to surpass USD 21.1 Billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2022 to 2030. The factors attributed to driving the market are the rapid expansion of the industrial sector across the globe such as rising food and pharmaceutical industries, followed by manufacturing and construction industries in emerging economies such as China and India. However, the key raw materials required for the manufacturing of flexible intermediate bulk containers are HDPE and Polypropylene which varies with the price of crude oil.

IBCs are widely adopted in a large number of manufacturing companies on account of their associated benefits. As safety is a priority in the mining industry, IBCs are preferred for the movement of minerals. Similarly, in the construction industry, the movement of sand, granules, and other flowable materials is handled efficiently with the use of IBCs. The product is an ideal means of packaging sand, liquid, and conductive materials.

In Asia Pacific, per capita income in China and India is witnessing a rise. This increased spending capability is driving growth in the construction industry. The growing rate of Foreign Direct Investment (FDI) in India is a key factor contributing to the growth of the construction sector. China is known as the manufacturing hub of the world. Thus, rising purchasing power in this developing country is also leading to the significant growth of the manufacturing industry. The growth of the construction and manufacturing sectors is propelling the demand for intermediate bulk packaging.

However, the key raw materials required for the production of flexible intermediate bulk containers are polypropylene and low-density polyethylene, both of which are derived from crude oil. Therefore, on account of fluctuating crude oil prices, the profit margin for the manufacturing companies and the distributors also keeps varying. This discourages manufacturers and distributors, thereby acting as a major restraint to the growth of the global flexible intermediate bulk packaging market.

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Intermediate Bulk Container Market Report Highlights

• In terms of revenue, the plastic segment is projected to ascend at a CAGR of 5.4% during the forecast period. Plastic IBCs are ideal for transporting liquids and semi-liquid products without leakage and are highly compatible with toxic chemicals
• The chemicals & petroleum product segment accounted for 37.4% of revenue share in 2021. IBCs are important packaging solutions for the chemicals and petroleum industry as IBCs can store toxic or flammable chemicals safely. Avoiding expensive accidents such as impacting production workers’ health, fire incidents, or environmental pollution
• Asia Pacific held the largest market share in 2021. IBC is used across the globe with significant consumption in China. Factors including the presence of the world’s largest chemical market, rapid industrialization, and increasing manufacturing activities in the Asia Pacific are also driving the market for IBCs
• The market of IBCs is highly competitive and fragmented with a strong presence of local and global companies such as Mondi Group, Mauser, and Grief Packaging

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Intermediate Bulk Container Market Segmentation

Grand View Research has segmented the global intermediate bulk container market based on material, end-use, and region:

Intermediate Bulk Container Material Outlook (Revenue, USD Million, 2017 - 2030)

• Plastic
• Metal
• Corrugated

Intermediate Bulk Container End-Use Outlook (Revenue, USD Million, 2017 - 2030)

• Food
• Chemicals & Petroleum
• Pharmaceutical
• Others
• Construction

Intermediate Bulk Container Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Intermediate Bulk Container Market

• Greif, Inc.
• Mauser Packaging Solutions
• Schuetz Container System
• Synder Industries System
• Hoovers Container Solutions, Inc.
• Schafer Werke Gmbh
• DS Smith PLC.
• Mondi
• Thielmann- The Container Company

About Grand View Research

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

Outdoor Furniture Market is Estimated To Reach A Valuation of USD 73.08 Billion by 2030: Grand View Research Inc.

 Outdoor Furniture Market Growth & Trends

The global outdoor furniture market size is expected to reach USD 73.08 billion by 2030, registering a CAGR of 5.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing real estate industry and rising urban population are the key factors driving the industry. Moreover, increasing per capita and disposable income levels play an important role in fueling industry growth. Furthermore, improved consumer spending power and a growing trend of traveling have resulted in an increasing number of tourists across the world. Wealthy residential shoppers choose higher-quality outdoor furniture and more fashionable decorative items that extend living spaces into the outdoors.

Digital sales networks are now playing an important role in the development of the retail and furniture industries in the age of digitization. Online channels offer a diverse variety of brands at competitive prices, drawing a larger customer base and stimulating the growth of the outdoor furniture industry. Constant innovations and the growing trend of intense colors further support the demand for these products. According to the National Kitchen & Bath Association’s 2021 Design Trends Report, residential professionals seek innovation with hardware and accessories the most. About 17% of survey respondents, mainly designers and specifiers, specifically wished for more interesting hardware, such as new styles, colors, and designs.

An increasing number of people have shown the desire for a relaxing and comfortable outdoor seating experience, which is driving the demand for premium furniture for open spaces in residential as well as commercial settings. Lloyd Flanders, Inc.-a Michigan-based premium outdoor furniture company-provides distinctive, woven outdoor furniture that has been featured in music, movies, and television. Growing awareness regarding widespread deforestation and environmental conservation has been driving the adoption of eco-friendly outdoor furniture. The demand for outdoor furniture that is made from recyclable materials is encouraging companies to expand their sustainable product lines for home décor, corporate offices, co-working spaces, and contract furniture service providers.

Although many furniture shops were shut due to the pandemic, others saw a rise in online orders. Although stores stayed closed to consumers, several retailers started providing delivery or curbside pickup. Other retailers responded to store closures by launching online showrooms. For instance, in April 2020, a Danish retail furniture chain, BoConcept, launched its virtual showroom, which allowed customers to see how the item was styled in-store, examine it up close, and ask questions about it. The metal material type segment is anticipated to register the fastest CAGR over the forecast period. Numerous players offer a wide range of stainless-steel products that help simplify the fitting needs for residential and commercial outdoor sitting.

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Outdoor Furniture Market Report Highlights

• These products are available in various lengths, designs, finishes, diameters, quality, and price ranges. Many players are also offering products that are made from a combination of two materials
• The wood segment held the largest revenue share in 2022 and is likely to remain dominant throughout the forecast period
• The capacity of wooden outdoor furniture to withstand harsh climatic conditions including rain, dust, solid particles, and extreme temperatures has encouraged people to buy wooden outdoor furniture
• In addition, there is a considerable need for outdoor furniture made of upholstery fabrics, teak wood, eucalyptus, and premium metals to adorn outdoor spaces
• The residential segment held the largest revenue share due to the rise in home improvement projects during the pandemic
• With most people working and studying remotely, homes became the main focus of renovations during this time. Many consumers turned their backyards and gardens into relaxing and comfortable spaces, spurring the demand for suitable outdoor furniture

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Outdoor Furniture Market Segmentation

Grand View Research has segmented the global outdoor furniture market on the basis of product, material type, end use and region.

Outdoor Furniture Product Outlook (USD Million; 2017 - 2030)

• Seating Sets
• Loungers
• Dining Sets
• Chairs
• Table
• Others

Outdoor Furniture Material Type Outlook (USD Million; 2017 - 2030)

• Wood
• Plastic
• Metal

Outdoor Furniture End Use Outlook (USD Million; 2017 - 2030)

• Commercial
• Residential

Outdoor Furniture Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players of Outdoor Furniture Market

• Inter IKEA Systems B.V.
• Ashley Outdoor Furniture Industries, Inc.
• Brown Jordan Inc.
• Kenter
• Agio International Company, LTD
• Lloyd Flanders, Inc.
• Barbeques Galore
• Century Outdoor Furniture LLC.
• Aura Global Outdoor Furniture
• Kimball International 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.

Nano Dentistry Market is Expected to Enhance USD 1.8 Billion Revenue By 2030: Grand View Research Inc.

 Nano Dentistry Market Growth & Trends

The global nano dentistry market size is expected to reach USD 1.8 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 10.2% during the forecast period. The rising oral diseases among people with the ng disposable income is expected to boost the nano dentistry market in the forecast period.

Nanodentistry is used to diagnose, treat, and prevents oral diseases. It can also be used to relieve pain and improve dental health. This technology can be used to build virtually any product using atomic building blocks. Nanotechnology is being used with nanofillers to create impressions that precisely reflect patients’ oral details. These nanofillers have superior hydrophilic features, better flow, and less spacing compared to traditional fillers.

The COVID-19 pandemic has considerably impacted the global dental implant market. With a significantly increasing number of COVID-19 cases worldwide, affected countries effectively shut down their manufacturing plants and established quarantine zones to contain the spread of infection, which has negatively impacted dental implant manufacturing. The nano dentistry market was impacted by the advent of COVID-19 as elective dental procedures were shut down as it is a high-contact service. However, the nano dentistry market recovered steadily post-pandemic due to the rise in dental diseases and the increasing awareness about the procedures, and this is expected to drive the nano dentistry market growth.

North America region is currently the dominant region in terms of market share in nano dentistry market. Technological advancements enable minimal pain during procedures, precise diagnosis, reduced chair time, and high consumer awareness about nanodentistry technology. Moreover, the increasing prevalence of oral diseases, coupled with the rising in the number of dental clinics & practitioners. As per the report of WHO, the number of tobacco users in the Americas region is projected to touch 126 Million by the end of 2025 which directly impacts oral health. These factors are expected to boost the region’s nano dentistry market.

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Nano Dentistry Market Report Highlights

• Nano ceramics dominated the market in 2022 as it offers easier clinical finishing and polishing without the need for a porcelain oven.
• Nano fillers are anticipated to exhibit the highest CAGR over the forecast period.
• In 2022, tooth restoration held the largest market share owing to the rising prevalence of dental disorders such as dental caries.
• Dental clinics generated the maximum revenue share in 2022 due to the rising preference for diagnosis and treatment at dental clinics and an increase in the number of dental clinics is expected to drive the segment growth.
• Dental clinics dominated the market in 2022 and is also expected to exhibit highest growth over the forecast period
• North America held the largest market share in 2022 owing to an increase in the prevalence of oral diseases and growth in the adoption of advanced technologies in this region
• Asia Pacific is anticipated to witness the highest growth over the forecast period due to the introduction of novel technologies in countries such as Japan and China

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Nano Dentistry Market Segmentation

Grand View Research has segmented the global nano dentistry market report based on material type, application, end-use, and region:

Nano Dsentistry Material Type Outlook (Revenue, USD Million, 2018 - 2030)

• Nano Ceramics
• Nano Fillers
• Nano Robots
• Others

Nano Dentistry Application Outlook (Revenue, USD Million, 2018 - 2030)

• Preventive Dentistry
• Tooth Restoration
• Dental Implants
• Others

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

• Hospitals
• Dental Clinics
• Others

Nano Dentistry 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
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players of Nano Dentistry Market

• DENTSPLY Sirona
• Institut Straumann
• Zimmer Biomet
• Ivoclar Vivadent
• Aap Implantate AG.
• Heraeus Kulzer
• BioHorizons IPH
• 3M
• Danaher Corporation
• Biotronik

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.

Team Collaboration Software Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 Team Collaboration Software Market Growth & Trends

The global team collaboration software market size is anticipated to reach USD 27.47 billion by 2028, exhibiting a CAGR of 13.0% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for communication & conferencing solutions from enterprises, especially due to the COVID-19 pandemic, is expected to drive the growth of the market over the forecast period. The demand for flexible and agile working solutions is expected to increase as several organizations are expected to adopt a hybrid working culture in the post-pandemic era. As such, the pandemic is expected to have a long-term impact on how organizations utilize communication & collaboration tools to manage their remote workforce.

Continued digitalization and advances in visual data sharing technology are expected to contribute significantly to the growing demand for communication & conferencing solutions. The availability of affordable video conferencing solutions has allowed the large-scale deployment of communication & conferencing solutions across several organizations, which were previously unable to invest in such solutions due to high costs. Several video conferencing solution providers, such as Cisco Systems, Inc.; Avaya, Inc.; and RingCentral, Inc., have either announced free services or waived off the time limits on existing offers. At the same time, market players are also integrating web conferencing technology with other communication tools and developing new applications for web conferencing to facilitate collaborative workspaces.

The demand for virtual collaboration solutions, which are based on the integration of Augmented Reality (AR) and Virtual Reality (VR) with meeting rooms, is expected to gain traction over the forecast period. Various features, such as video filters, voice recognition, and hand-gesture control, are increasingly being added to virtual meeting rooms to better manage the meetings and increase engagement. These techniques can particularly allow remote users to be virtually present in the meeting room and collaborate, brainstorm, search, and share content.

Having realized that AI bots and Smart Virtual Personal Assistants (SVPA) can play a vital role in automating tasks and improving workplace collaboration, organizations have started deploying bots for tasks, such as taking notes and scheduling meetings. Chatbots are gradually emerging as a standard feature for both frontline and deskless workers to access digital services through smart devices. Implementation of bots is also expected to help organizations in saving on costs incurred on IT infrastructure and hiring.

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Team Collaboration Software Market Report Highlights

• The cloud segment is expected to register the fastest CAGR over the forecast period. The adoption of cloud-based team collaboration software is expected to gain traction as these tools help save on infrastructure cost and offer a centralized management system
• The conferencing software segment is expected to register the maximum growth rate over the forecast period
• The continued adoption of conferencing solutions, such as Cisco WebEx meetings, Jabber, and Adobe connect, bodes well for the growth of the segment
• The retail application segment is expected to account for the highest revenue share by 2028. The increasing need of the retail companies to enhance employee engagement and share information in real-time is expected to drive the segment growth
• Integrating software & hardware and strengthening network capabilities are some of the strategies being adopted by key companies to increase their market share

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Team Collaboration Software Market Segmentation

Grand View Research has segmented the global team collaboration software market on the basis of deployment, software type, application, and region:

Team Collaboration Software Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• Cloud
• On-premise

Team Collaboration Software Type Outlook (Revenue, USD Million, 2017 - 2028)

• Conferencing Software
• Communication & Coordination Software

Team Collaboration Software Application Outlook (Revenue, USD Million, 2017 - 2028)

• Manufacturing
• BFSI
• IT & Telecom
• Retail
• Healthcare
• Logistics & Transportation
• Education

Team Collaboration Software Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

List of Key Players of Team Collaboration Software Market

• Asana
• Avaya Inc.
• Cisco Systems, Inc.
• Citrix Systems, Inc.
• IBM Corp.
• Microsoft Corp.
• Slack Technologies, 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.

Lithium-Ion Battery Market Expected to Behold a CAGR of 20.3% through 2030: Grand View Research Inc.

Lithium-ion Battery Market Growth & Trends

The global lithium-ion battery market size was estimated at USD 182.5 billion in 2030 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. The market is expected to witness significant growth over the forecast period on account of the increasing consumption of rechargeable batteries in consumer electronics and a rise in the adoption of electric vehicles. The rising sales of electric vehicles, along with the expanding renewable energy sector, are expected to drive the market. The emergence of integrated charging stations, green power-generation capability, eMobility providers, battery manufacturers, and energy suppliers is anticipated to stimulate market growth in the coming years.

Increasing sales of electric vehicles in the U.S. owing to supportive federal policies, coupled with the presence of market players in the country, are expected to drive the demand for lithium-ion batteries in the U.S. over the forecast period. Favorable government policies for infrastructural developments at the domestic level through the National Infrastructural Plan (NIP) of the U.S. are expected to promote the growth of the market in the U.S. over the forecast period. Development of the automotive industry in Indonesia, Vietnam, Mexico, Thailand, and India is expected to drive the industry. The growing inclination toward pollution-free HEVs and EVs, along with technological developments, is expected to drive the lithium-ion battery demand over the forecast period. China is expected to witness high gains in light of energy storage technologies and favorable government support to promote investments in the manufacturing sector.

The growing number of portable consumer electronics that rely on batteries has led to the increased consumption of rechargeable batteries. Portable devices including smartphones, digital cameras, MP3 players, and laptops require rechargeable batteries to provide efficient and effective power. Battery technology is evolving continuously to meet the high performance and power density requirements of devices. High demand for LCO batteries in mobile phones, tablets, laptops, and cameras on account of their high energy density and high safety level is expected to augment the market growth over the forecast period. However, the relatively short life span of LCO batteries, coupled with low thermal stability and limited load capabilities (specific power), is likely to act as a market restraint.

Electric and hybrid electric vehicles are projected to be the key consumers of lithium-ion batteries in the coming years. Growing awareness among the masses regarding the benefits offered by battery-operated vehicles and increasing fossil fuel prices, particularly in Asia Pacific, Europe, and North America, are projected to contribute to the growth of the automotive application segment over the forecast period. COVID-19 has been a major restraint to the market owing to several factors including reducing operational costs by end-users, coupled with disruption in the availability of spare parts due to sluggish manufacturing activities and logistics issues.

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Lithium-ion Battery Market Report Highlights

• In 2022, the consumer electronics application segment held the largest revenue share of over 39.13%. Portable batteries are incorporated in portable devices and consumer electronic products. The applications of portable batteries include mobile phones, laptops, computers, tablets, and other wearable devices
• In 2022, the LCO product segment accounted for the largest revenue share of over 31.17%. High demand for LCO batteries in mobile phones, tablets, laptops, and cameras on account of their high energy density and high safety level is expected to augment the market growth over the forecast period
• The U.S. emerged as the largest market in North America in 2021. Increasing electric vehicle sales in the country owing to supportive federal policies, coupled with the presence of several players in the U.S. market, are expected to drive the demand for lithium-ion batteries
• In CSA, lithium-ion batteries are frequently used battery types for Electrical Energy Storage (EES) owing to applications including stand-alone systems with PV, emergency power supply systems, and battery systems for the mitigation of output fluctuations from wind and solar power
• In Brazil, the government is taking various initiatives to support the electric vehicle market by exempting annual car ownership tax and import tax on electric vehicles. This is expected to fuel the demand for lithium-ion batteries over the coming years

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Lithium-ion Battery Market Segmentation

Grand View Research has segmented the global lithium-ion battery market report based on product, application and region

Lithium-ion Battery Product Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)

• Lithium Cobalt Oxide (LCO)
• Lithium Iron Phosphate (LFP)
• Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Lithium Manganese Oxide (LMO)
• Lithium Titanate
• Lithium Nickel Manganese Cobalt (LMC)

Lithium-ion Battery Application Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)

• Automotive
• Consumer Electronics
• Industrial
• Energy Storage Systems
• Medical Devices

Lithium-ion Battery Regional Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Lithium-ion Battery Market

• BYD Co., Ltd.
• A123 Systems LLC
• Hitachi, Ltd.
• Johnson Controls
• LG Chem
• Panasonic Corp.
• Saft
• Samsung SDI Co., Ltd.
• Toshiba Corp.
• GS Yuasa International 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.

Blood Warmer Market Predicted to Cross $2.01 Billion by 2030: Grand View Research Inc.

 Blood Warmers Market Growth & Trends

The global blood warmer market size is expected to reach USD 2.01 billion by 2030, registering a CAGR of 8.47%, according to a new report by Grand View Research, Inc. Rising incidences of road accidents, mishaps and other injuries, rising burden of hypothermia cases along with growing demand for blood warmers from ambulatory services and military/defense sectors, operating in extreme temperature environments are expected to propel the market demand for such devices over the forecast period.

Over the recent past, the COVID-19 pandemic has been associated with surges in hospitalization globally, this is expected to have a positive impact on the market. The demand for infusion therapy surged significantly during this period. This is one of the key factors driving up demand for blood warmer devices, which are used to raise fluids to body temperature, speed up patient recovery, and reduce the danger of transfusion shock.

Moreover, various manufacturers are adopting strategies such as mergers and acquisitions, partnerships, and product launches to strengthen their foothold in the market. For instance, in December 2020, Danish MedTech Company MEQU released the Power Pack, a new battery for its M Warmer System, a compact blood and IV fluid-warming systems. The system is commonly used in prehospital emergency settings. Such product launches are expected to propel the market over the forecast period.

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Blood Warmers Market Report Highlights

• Based on product, non-portable blood warmers segment held the largest market share of 55.26% in 2022. The increasing rate of hospitalization rising aging population, and improving financing for healthcare infrastructure in developing economies are all likely to propel this segment growth
• In end-use scope, the hospital-based segment dominated the market with a share of 65.29% in 2022. Blood warmers are commonly employed in hospitals because they can heat a larger volume of blood or IV solutions while also being more affordable & easier to maintain
• North America dominated the blood warmers market and accounted for the highest revenue share of 40.76% in 2022, owing to the increase in the number of surgical procedures/hospital visits, presence of well-established healthcare infrastructure, and favorable reimbursement in the healthcare sector

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Blood Warmers Market Segmentation

Grand View Research has segmented the global blood warmer market report on the basis of product, application, end-use, and region:

Blood Warmers Product Outlook (Revenue, USD Million, 2018 - 2030)

• Portable Blood/IV Warmers
• Non-portable Blood/IV Warmers

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

• Hospitals/Clinic
• Ambulatory Services
• Defense Forces
• Rescue Forces

Blood Warmers Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Blood Warmers Market

• Stryker Corporation
• Gentherm Medical
• Belmont Medical
• 3M
• ICU Medical
• Vyaire Medical, Inc.,
• The Surgical Company PTM
• Life Warmer
• MEQU
• Estill Medical Technologies, Inc.
• Smisson-Cartledge Biomedical

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. Digital Signage Market Size, Industry Share And Growth Analysis For 2023-2030: Grand View Research Inc.

U.S. Digital Signage Market Growth & Trends

The U.S. digital signage market size is anticipated to reach USD 9,322.0 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% over the forecast period. The demand for digital signage is expected to increase as advertisers, enterprises, and corporates are increasingly adopting digital signage to promote and distribute content. Advancements in display technology are also likely to drive the market. Furthermore, the increasing demand for digital signage solutions from the industries such as healthcare, transportation, hospitality, and retail, is likely to propel market growth over the forecast period.

The growing adoption of digital signage is due to the increasing demand for advertising content with enhanced quality and better sharpness. Rising demand for 4K embedded digital displays is addressing an increase in the need for enhanced sharp images. Digital signage above 52 inches are poised to gain popularity over the forecast period as advertisers are increasingly preferring outdoor advertising. Besides, software providers are engaged in providing design solutions that are compatible with multiple operating systems to new entrants to the digital signage industry. Providers of design solutions are targeting new entrants to the digital signage market with solutions compatible with different operating systems. They are particularly offering cloud-based design solutions that can aid in managing advertising content being displayed on digital signage.

The operational cost of companies is reduced by cutting down the use of paper for advertisement and deviating from traditional marketing activities. In addition, a combination of LED-backlit panels is resulting in substantial energy savings. A decrease in energy consumption owing to the adoption of enhanced technologies, which includes LED, is attracting enterprises to elect for digital signage. The West region accounted for the largest share in the market in 2021. It is estimated to remain the highest revenue-generating regional market until 2030. The Midwest region is projected to exhibit the highest growth rate during the forecast period owing to burgeoning sales of digital signage in multiple verticals of various states.

Raw material suppliers in the cold chain packaging market supply primary materials required for producing isolated containers, in addition to other packaging components. Insulating materials used in cold chain packaging include expanded or extruded polystyrene, polyurethane, and polyethylene. These are manufactured using core materials such as silica or fiberglass in a multilayer polymer or vacuum aluminized coating. Thermal Conservation Technologies; va-Q-tec AG; and Thermal Visions, Inc. are some of the raw material providers in U.S. Some of the prominent companies operating in the market are Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; BrightSign, LLC; Keywest Technology, Inc.; Planar System Inc.; Scala, Inc.; and Hughes Network Systems LLC.

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U.S. Digital Signage Market Report Highlights

• The LCD segment, on the basis of display technology, commanded the leading share in the market in 2022 owing to lower manufacturing costs and benefits associated with the LCD technology
• The retail industry was the most prominent application segment in the market in 2022. It is estimated to retain its position through 2030, as there is high competition in the industry, which augments the need for innovative advertising mediums
• Transparent LED screens, based on display type, are projected to witness the highest CAGR during the forecast period as the high level of transparency and resolution offered by them proves to be lucrative for advertisers
• The hardware segment, which includes displays and media players, is anticipated to dominate the market throughout the forecast horizon as users remain keen on adopting different types of displays
• The out-store segment is expected to witness a considerable growth rate owing to the growing adoption of digital signage in various outdoor applications
• The West region was the highest revenue generating region in 2022 owing to the adoption of digital signage across applications and the region comprises the largest number of digital signage companies which manufacture electronic display products.
• The prominent players in the U.S. Digital Signage market include Panasonic Corporation of North America, Cisco Systems, Inc., Intel Corporation, Microsoft Corporation, and Planar System Inc. and others.

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

U.S. Digital Signage Market Segmentation

Grand View Research has segmented the U.S. digital signage market based on component, hardware components, display type, display technology, display size, software, application, location, and region:

U.S. Digital Signage Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
• Software
• Services

U.S. Digital Signage Hardware Components Outlook (Revenue, USD Million, 2017 - 2030)

• Displays
• Media Players & Extenders
• Others (Mounting Devices & Components)

U.S. Digital Signage Display Type Outlook (Revenue, USD Million, 2017 - 2030)

• Video Walls
• Video Screens
• Transparent LED Screens
• Digital Posters
• Kiosks
• Others

U.S. Digital Signage Display Technology Outlook (Revenue, USD Million, 2017 - 2030)

• LCD
• LED
• Projection

U.S. Digital Signage Display Size Outlook (Revenue, USD Million, 2017 - 2030)

• Below 32 Inches
• 32 to 52 Inches
• More than 52 Inches

U.S. Digital Signage Software Outlook (Revenue, USD Million, 2017 - 2030)

• Display Software
• Audience Analytics & Engagement Software

U.S. Digital Signage Application Outlook (Revenue, USD Million, 2017 - 2030)

• Retail
• Hospitality
• Entertainment
• Stadiums & Playgrounds
• Corporate
• Banking
• Healthcare
• Education
• Transportation

U.S. Digital Signage Location Outlook (Revenue, USD Million, 2017 - 2030)

• In-store
• Out-store

U.S. Digital Signage Regional Outlook (Revenue, USD Million, 2017 - 2030)

• Northeast
  • New York
  • Maryland
  • Pennsylvania
• Southeast
  • Florida
  • North Carolina
• West
  • California
  • Idaho
  • Nevada
• Midwest
  • Illinois
  • Ohio
  • Nebraska
  • Minnesota
• Southwest
  • Texas

List of Key Players of U.S. Digital Signage Market

• NEC Display Solutions of America, Inc.
• BrightSign LLC
• Planar System Inc.
• Cisco Systems, Inc.
• Intel Corporation
• Microsoft Corporation
• Keywest Technology, Inc.
• Scala, Inc.
• Visix, Inc.
• Panasonic Corporation of North America
• Hughes Network Systems 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.

Virtual Reality Market to Incur Meteoric Growth During the Forecast Period: Grand View Research Inc.

Virtual Reality Market Growth & Trends

The global virtual reality market size is expected to reach USD 435.36 billion by 2030, growing at a CAGR of 27.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of user immersion technology in industries, such as education, industrial training, and healthcare, among others, is expected to drive market growth. In addition, internet penetration in the form of high-speed 5G networks has positively impacted the adoption of Virtual Reality (VR) technology due to fast and low-latency internet connections. The growing demand for training and research across industries, such as education, aerospace & defense, and automotive, is also driving the growth of the market. For instance, in October 2022, Meta Platforms, Inc. launched the Meta Quest Pro VR headset with the Snapdragon Qualcomm XR2+ chipset.

According to the company, the headset is targeted toward professionals and creators looking for high-end VR headsets. VR technology has enabled e-commerce companies to let users shop virtually. This technology creates an interactive environment and helps improve the overall shopping experience for users. The demand for virtual reality in the education sector is also growing as teachers can conduct interactive academic sessions on VR-based online platforms to facilitate better collaboration. North America is anticipated to hold a significant share in the market by 2030 owing to the dominance of technology companies in the region. Technology penetration in the region and the availability of new VR products are expected to boost the region's growth further. Moreover, the emergence of various start-ups related to virtual reality (VR) is expected to help create growth opportunities for the market.

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

Virtual Reality Market Report Highlights

• The Gesture Tracking Device (GTD) segment is expected to grow at the highest CAGR of 29.9% over the forecast period due to the trend of gesture tracing for enhanced immersion
• The semi & fully immersive technology segment held the largest revenue share of 82.7% in 2022 due to the realistic experience provided by the technology that closely simulates real-world scenarios
• The software component segment is expected to grow at the highest CAGR of 29.7% from 2023 to 2030 due to the growing demand for VR applications in gaming and entertainment
• Asia Pacific accounted for the largest revenue share of over 39% in 2022 due to the presence of leading VR equipment manufacturers and encouraging initiatives by the governments for the use of advanced technologies

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

Virtual Reality Market Segmentation

Grand View Research has segmented the global virtual reality market based on device, technology, component, application, and region:

VR Device Outlook (Revenue, USD Million, 2018 - 2030)

• Head-Mounted Display (HMD)
• Gesture-Tracking Device (GTD)
• Projectors & Display Wall (PDW)

VR Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Semi & Fully Immersive
• Non-immersive

VR Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
• Software

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

• Aerospace & Defense
• Consumer
• Commercial
• Enterprise
• Healthcare
• Others

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

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

List of Key Players in the Virtual Reality Market

• Alphabet Inc.
• Barco NV
• CyberGlove Systems, Inc.
• Meta Platforms Inc.
• HTC Corp.
• Microsoft Corp.
• Samsung Electronics Co., Ltd.
• Sensics, Inc.
• Sixense Enterprises, Inc. (Penumbra, Inc.)
• Ultraleap 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.

Sports Betting Market to Reap Excessive Revenues By 2030

Sports Betting Market Growth & Trends

The global sports betting market size is estimated to reach USD 182.12 billion by 2030, registering a CAGR of 10.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. This growth of the market is driven by the proliferation of internet infrastructure and evolving regulatory landscape of the entire gambling industry across the world. In addition, the increase in the number of sports events and leagues worldwide such as the NFL, FIFA World Cup, Carabao Cup, and UEFA Europa League has positively influenced the growth of the market. Furthermore, an increase in disposable income and the rising usage of AI and blockchain technologies to improve the prediction algorithms in betting software are likely to boost the growth of the market during the forecast period.

Esports, which is an organized, multiplayer video game competition, played by professional players, individuals, or teams, has gained massive popularity during the COVID-19 pandemic and witnessed a surge in the number of events worldwide. Market players are utilizing the increased number of esports events to offer an opportunity for their customers to bet on such esports competitions and earn extra income. The surge in online sports events backed up by a rise in the number of esports tournaments offers stable growth opportunities for the betting industry. For instance, according to the report by the U.K. Gambling Commission, there was a huge 2922% year-on-year rise in esports betting revenue from March 2019 to March 2020.

Major players in the global betting industry now operate via official websites and online platforms to cater to the increased demand for sports betting. Additionally, the market players are expanding their presence across countries with supportive regulatory compliance. For instance, in December 2021, Unikrn Inc., a global esports betting & entertainment media company introduced its betting platform in Canada and Brazil. In addition to this launch, the company has further announced to increase its presence across a greater number of regulated markets in 2023.

The lives of multiple households around the globe have been affected during the COVID-19 pandemic. In addition, this situation led to the cancellation of worldwide sports matches and the closure of land-based casinos and betting shops. However, the pandemic expanded the online sports betting industry due to the rise of esports and virtual sporting events. The popularity of online sports betting increased during the pandemic with an upsurge in the number of betting participants. For instance, according to a study conducted by Public Health England, online casino gambling had seen growth by nearly 9.0% during the pandemic. Furthermore, as per the GB Gambling Commission survey, betting habits among people have changed due to Covid-19, with mobile devices continuing to be the most popular medium for gambling. The survey also found a massive inclination towards esports betting across the globe.

Request a free sample copy or view the report summary: Sports Betting Market Report

Sports Betting Market Report Highlights

• North America is expected to witness a CAGR of around 11% during the forecast period. The U.S. has legalized sports betting in 36 states as of January 2023, which is a promoting factor for the regional market growth
• The online platform segment dominated the market in 2022 and is expected to showcase the highest CAGR during the forecast period
• The fixed-odds wagering segment accounted for a significant market share in 2022. However, the eSports betting segment is likely to witness growth at the fastest CAGR during the forecast period owing to the surge in demand for interactive games
• Football, also known as soccer, registered the highest market share in 2022. Horseracing, followed by football, is extremely popular and accounted for the second-highest market share

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

Sports Betting Market Segmentation

Grand View Research has segmented the global sports betting market based on platform, betting type, sports type, and region:

Sports Betting Platform Outlook (Revenue, USD Billion, 2018 - 2030)

• Offline
• Online

Sports Betting Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Fixed Odds Wagering
• Exchange Betting
• Live/In-Play Betting
• eSports Betting
• Others

Sports Betting Sports Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Football
• Basketball
• Baseball
• Horse Racing
• Cricket
• Hockey
• Others

Sports Betting Region Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Sports Betting Market

• 888 Holdings Plc
• Bet365
• Betsson AB
• Churchill Downs Incorporated
• Entain plc
• Flutter Entertainment Plc
• IGT
• Kindred Group Plc
• Sportech Plc
• William Hill 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.