Educational Robot Market Estimated To Flourish By 2030: Grand View Research Inc.

 Educational Robot Market Growth & Trends

The global educational robot market size is expected to reach USD 5.55 billion by 2030, growing at a CAGR of 24.8% from 2023 to 2030, according to a new study by Grand View Research, Inc. The growth in the market can be attributed to the increasing preference for interactive learning methods in educational institutions. These robots incorporate real-life educational models to facilitate skill acquisition and offer a wide range of information in subjects like STEAM, computer programming, linguistics, history, and geography. In addition, the incorporation of advanced mechanics, voice control, and gestures keep young students engaged while enhancing their educational experience.

This, in turn, is expected to drive the market growth over the forecast period.The rise of Artificial Intelligence (AI) technology and its integration into robotics has transformed the global education industry by providing personalized learning experiences and increased access to education while reducing the workload on teachers. Moreover, educational robots are being programmed to suit students' individual needs, which has further improved K-12 learning, specifically for students with special needs. For instance, Children with Autism Spectrum Disorder (ASD) can be supported better by technologically advanced robots in the learning of social and communication skills. Such technological advancements are anticipated to propel the market growth over the forecast period.

In addition, the companies are entering into partnership and collaborative agreements to develop new and enhanced offerings to gain a competitive edge in the market. For instance, in February 2023, AAEON Technology Inc., a manufacturer of industrial and embedded computing platforms, partnered with PlayRobot to launch a development kit for educational robots. This educational robot kit, developed jointly by AAEON and PlayRobot, will enable students and teachers to gain first-hand experience with AI and robotics development while introducing innovative technology to the classrooms. Such initiatives by key players are anticipated to drive the market’s growth over the forecast period.

The market growth is expected to be further proliferated by favorable government initiatives across several countries. For instance, in 2022, the U.S. government increased funding for STEM activities. The funding for Student Support and Academic Enrichment Grants increased to USD 1.3 billion, Career and Technical Education (CTE) to USD 1.4 billion, Supporting Effective Instruction State Grants to USD 2.2 billion, and 21st Century Community Learning Centers to USD 1.3 billion. This increased funding is anticipated to drive the market growth over the forecast period.

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Educational Robot Market Report Highlights

• The humanoid product type segment is expected to witness a growth rate of 26.1% over the forecast period
• The segment growth is attributed to the increased product adoption due to their human-like characteristics resembling the real-life teachers
• The primary education application segment is expected to record a CAGR of 26.5% from 2023 to 2030. This is attributed to the increasing adoption of robots by educational institutions to encourage STEAM education among children aged below 10 years
• North America captured the highest market share in 2022 owing to the presence of a large number of major players and increasing investments from government organizations in robotics

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Educational Robot Market Segmentation

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

Educational Robot Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Humanoid
• Non-humanoid

Educational Robot Application Outlook (Revenue, USD Million, 2018 - 2030)

• Primary Education
• Secondary Education
• Higher Education
• Others

Educational Robot Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Educational Robot Market

• Aisoy Robotics
• Blue Frog Robotics
• LEGO Systems A/S
• Modular Robotics (including Cubelets)
• PAL Robotics
• Pitsco Education LLC
• ROBOTIS Inc.
• SoftBank Robotics Group
• RM Educational Resources Ltd. (TTS)
• Learning Resources
• Educational Insights
• Makeblock
• Artec Co. Ltd.
• Ozo EDU Inc.
• Sphero Inc.
• Wonder Workshop Inc.
• VEX Robotics Inc.
• Dobot
• Thames & Kosmos
• WowWee Group 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.

Lingerie Market to Reach Around $141.81 Billion by 2030: Grand View Research Inc.

 Lingerie Market Growth & Trends

The global lingerie market size is expected to reach USD 141.81 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% from 2023 to 2030. The increasing economically independent women population, the rising focus on style quotient and luxury, and the swelling popularity of loungewear, shapewear, knickers, and panties are the factors that drive the market. Additionally, the growing number of women participating in fitness-related activities including marathons, gym, and other sports is further anticipated to surge the demand for products such as sports bras, thus fuelling the growth of the market. The high cost of raw materials and design may hamper the growth of the market.

The COVID-19 pandemic has had a negative impact on the market. In 2020, the collective effect of outlet closings, stinginess resulting from the quickly declining economic situation, and the discretionary character of lingerie made it one of the worse hit apparel categories due to the COVID-19 pandemic. Additionally, the manufacturing hubs operating globally faced a double impact. Due to the COVID-19 pandemic, manufacturing operations came to a halt, followed by an increasing number of order cancellations from foreign clients unable to sell or stock merchandise.

The briefs segment accounted for the largest share of over 55.0% in 2022. This can be attributed to the availability of several products made of comfortable fabric including cotton and nylon, designed with different styles such as hipster, shorts, and full briefs. Moreover, various key players offer special kinds of knickers with jacquard and lace designs, no VPL lace trim, and high waist control to provide comfort and other benefits, which drive the demand for the segment.

North America held the second-largest revenue share in 2022. This is attributed to the presence of a large number of lingerie companies, consumers’ inclination toward premium lingerie brands, and the growing adoption of clean and comfortable lingerie in this region. Most of the manufacturers operating in the region launched various lingerie products to cater to a large number of customers. For instance, in 2018, Victoria’s Secret launched a new line of lingerie in Miami to expand its brand’s product portfolio.

Major companies are focused on launching innovative lingerie products as per the changing fashion trend and consumer demands. Various companies are mostly utilizing e-commerce platforms to offer premium-quality branded lingerie to consumers with increased convenience. In April 2021, Calvin Klein, a PVH Corporation brand, launched its new, sustainable underwear and dual-gender loungewear range produced using sustainably sourced materials, which contributed to the round textile economy through recycled materials.

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Lingerie Market Report Highlights

• Asia Pacific is expected to expand at the fastest CAGR over the forecast period. This is attributed to the presence of a large number of end-users in the region, which is increasing by the expanding popularity of e-commerce, growing disposable incomes, and changing consumer preferences
• The shapewear product type segment is likely to expand at the fastest CAGR over the forecast period. This is attributed to the influence made by the philosophy of body positivity, thus encouraging buyers to purchase products. Furthermore, the growing demand for intimates with the flexibility to appear more attractive and comfortable is expected to drive the segment over the forecast period
• The online distribution channel segment is likely to expand at the fastest CAGR from 2023 to 2030. This is attributed to the growing popularity of branded as well as exclusive products. Additionally, online stores and websites offer all types of lingerie products, thus fueling the segment growth

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Lingerie Market Segmentation

Grand View Research has segmented the global lingerie market on the basis of product type, distribution channel, and region:

Lingerie Product Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Briefs
• Bras
• Shapewear
• Others

Lingerie Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Offline
• Online

Lingerie Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of Lingerie Market

• Jockey International Inc.
• Victoria’s Secret
• Zivame
• Gap, Inc.
• Hanesbrands Inc.
• Triumph International Ltd.
• Hunkemoller
• Bare Necessities
• Calvin Klein
• MAS Holdings

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.

Coffee Machine Market Major Key Players And Latest Trend Analysis Till 2030: Grand View Research Inc.

 Coffee Machine Market Growth & Trends

The global Coffee Machine market size is expected to reach USD 9.26 billion by 2030, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. With the increasing number of discerning consumers and evolving palate for gourmet varieties, the demand for specialty beverages including coffee has grown significantly in the past few decades. This factor is expected to drive the growth of the market. Coffee is known to reduce the risk of liver diseases, cardiac failure, and type 2 diabetes. This factor will boost the consumption of coffee, ultimately contributing to the growth of the coffee machine market. Higher repair and maintenance cost is the major restraint for the growth.

The COVID-19 pandemic negatively impacted the growth of the market. Most leading brands experienced a slight decline in sales due to the pandemic. The lockdown in China has forced coffee machine manufacturers based in the U.S. and Europe to halt production as they export several input supplies temporarily. Despite threats posed by the economic implications of the COVID-19 outbreak at the start of 2020, the food service sector is gradually recovering presenting a positive outlook for the coffee machine industry.

The drip filter segment held the largest market share in 2022. As these machines are more affordable as compared to espresso types of machines. Moreover, minimum repair & maintenance costs and ample features of the drip filter machines are some of the factors that are driving the growth of the segment. Thus, it is mostly used all over the world and generated large revenue in 2022.

Europe acquired the largest revenue share in 2022. In the German automatic coffee machine industry, manufacturers are highly focused to offer products that are energy efficient. The European regulations drafted for household appliances are focused to reduce greenhouse gas (GHG) emissions and electricity consumption. Increased preference of consumers for the premiumization of coffee machines drives the market in Europe. Thus, the region generated maximum revenue in 2022.

Major market players includeKeurig Green Mountain, Inc.; Panasonic Malaysia; Nestlé Nespresso S.A.; De’Longhi Appliances S.r.l.; Electrolux; Morphy Richards India; Koninklijke Philips N.V.; Hamilton Beach Brands, Inc.; Schaerer; and Robert Bosch GmbH. The manufacturers are focusing on developing coffee machines with Wi-Fi connectivity, voice assistance, etc. Such machines wirelessly connect to smartphones, Bluetooth or Wi-Fi.

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Coffee Machine Market Report Highlights

• Asia Pacific is expected to dominate the market from 2023 to 2030. An increasing number of coffee shops and cafes in the region is likely to grow the regional growth
• The pod/capsule segment is likely to dominate over the forecast period. The acceptance of sustainable coffee pods by manufacturers is expected to grow prospects of the coffee pods landscape and help alter consumer perception regarding coffee pods
• The residential segment is likely to dominate over the forecast period. Technological advancements in coffee machines are anticipated to propel the segment’s growth

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Coffee Machine Market Segmentation

Grand View Research has segmented the global coffee machine market on the basis of product type, application, and region:

Coffee Machine Product Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Drip/Filter
• Pod/Capsule
• Espresso
• Bean-to-Cup

Coffee Machine Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Commercial
• Residential

Coffee Machine Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Coffee Machine Market

• Keurig Green Mountain, Inc.
• Panasonic Malaysia
• Nestlé Nespresso S.A.
• De’Longhi Appliances S.r.l.
• Electrolux
• Morphy Richards India
• Koninklijke Philips N.V.
• Hamilton Beach Brands, Inc.
• Schaerer
• Robert Bosch GmbH

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.

Cellulose Bioplastic Market Expected to Succeed in CAGR of 19.5% by 2030

 Cellulose Bioplastic Market Growth & Trends

The global cellulose bioplastic market size is expected to reach USD 1,536.7 million by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 19.5% over the forecast period.

Cellulose bioplastic is a type of plastic that is made from cellulose esters (nitrocellulose, and cellulose acetate) or cellulose derivatives. Cellulosic plastics are produced using coniferous trees as the main raw material. The bark of the tree is separated and can be used as an energy source in production. The separation of cellulose fibers comes from the tree where they are cooked or heated in a digester. The growing demand for packaging is expected to drive significant market growth during the forecast period.

The growing demand for cellulosic bioplastics is associated with the production of mobile phones, ophthalmic products, thermoplastic products, sheets, and toys, among others. Strict rules governing the use of conventional plastic materials owing to environmental concerns and the resulting damage are significant factors driving the need for more environmentally sustainable materials across sectors and applications. The introduction of various bans on the use of conventional plastics has led to an increase in demand for cellulosic bioplastics and other plastics made from renewable raw materials. cellulosic bioplastics are also biodegradable, which is another driving factor in their preference and their adoption.

The global cellulose bioplastic market is highly competitive and fragmented in nature, with the presence of various key players such as Celanese Corporation, Solvay, Daicel Chemical Industries, Mitsubishi Rayon Company Limited, Eastman Chemical Company as well as a few medium and small-scale regional players operating across the globe.

The market is undergoing a transformation of the value chain from a linear economy to a circular one. Major market players are shifting towards a circular economy in order to have more sustainable solutions and minimize their dependence on crude oil in the future. In recent years, this trend has increased the demand for renewable raw materials such as softwood trees and tree bark for the production of plastics.

Growing concerns about petrochemical toxicity issues, along with the depletion of crude oil reserves, have spurred the development of cellulose-based plastics. Factors including stringent environmental norms such as EN 14995, EN 13432, and EN 17033; growing environmental concerns among consumers; The growing interest of market key players in the production of cellulose bioplastics is expected to be a key growth driver during the forecast period.

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Cellulose Bioplastic Market Report Highlights

• Cellulose Acetate dominate type segment with a share of more than 65% in 2021 and is expected to maintain a healthy growth rate over the forecast period because it is widely produced and readily available. The rapid usage of cellulose acetate in the packaging sector is due to the properties of cellulose acetate made films such as, tearing quickly, are sturdy and puncture-resistant, making them perfect for food packing, hence it can help to drive the cellulose bioplastic market across the globe
• The packaging application led the market with a revenue share of more than 62% in 2021. Increasing utilization of cellulose bioplastics to produce bags for compost, agricultural foils, horticultural products, nursery products, toys, and textiles is the key factor responsible for the segment growth
• Europe dominate the regional segment for the cellulose bioplastic market in 2021 with a revenue share of more than 44%. The European market for cellulosic bioplastics is expected to experience significant growth in the coming years due to various factors such as the presence of stringent environmental laws, growing consumer concern for the environment, and increased investment in research and development in the cellulosic bioplastics sector by private and public organizations
• Stringent regulations pertaining to single-use plastic ban across regions including Europe, North America, and Asia, are expected to fuel the growth of cellulose bioplastics market
• The growing demand for consumer goods along with rising environmental concerns is expected to drive the demand for cellulose bioplastics in the automotive &transportation application segment 

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Cellulose Bioplastic Market Segmentation

Grand View Research has segmented the cellulose bioplastic market report based on application, product and region:

Application Outlook (Revenue, USD Million; 2019 - 2030)

• Packaging
• Agriculture
• Consumer Goods
• Textile
• Automotive & Transportation
• Building & Construction
• Others

Product Outlook (Revenue, USD Million; 2019 - 2030)

• Cellulose Butyrate
• Cellulose Acetate
• Cellulose Propionate
• Others

Region Outlook (Revenue, USD Million; 2019 - 2030)

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

List of Key Players of Cellulose Bioplastic Market

• Celanese Corporation
• Solvay
• Daicel Chemical Industries
• Mitsubishi Rayon Company Limited
• Eastman Chemical Company
• SK Chemicals Co. Ltd.
• Rayonier Advanced Materials
• Sappi
• Merck Millipore
• Haihang Industry

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.

Airsoft Guns Market Significant Profits Estimated to be Generated by 2030

Airsoft Guns Market Growth & Trends

The global airsoft guns market size is expected to reach USD 3,522.2 million by 2030 and expand at a CAGR of 7.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Mounting consumer demand for airsoft sports events is pouring several associations to conduct airsoft leagues all over the globe. For instance, the International Practical Shooting Confederation (IPSC) conducts an international competition for airsoft shooting. Each year, participants from more than 105 nations actively take part in this competition. They have about 200K members across the globe who are into generating awareness about this event, thus driving the market for airsoft guns.

An increasing number of enthusiastic along with adventurous high net-worth individuals are increasing expenditure on airsoft guns which drives the market growth. Though, people are increasingly becoming more conscious of the damage caused by the abuse of these gadgets, which is restraining the growth of the market.The COVID-19 pandemic has had a negative impact on the growth of the market. Most leading brands experienced a decline in sales due to the pandemic.

Various major airsoft events and activities were postponed or cancelled during the pandemic which resulted in a decline in the demand for airsoft guns in 2020. The growing adoption of online channel sales makes the market grow at a steady pace again from the last two quarters of 2020. The handguns segment dominated the market with a market share of over 40.0% in 2021. This is owing to a rise in the demand among customers for them. These lightweight, user-friendly toys are easy-to-use and need no user manual, as such, they are a widely held option by children and adults. Therefore, it is mostly used all over the world and generated large revenue in 2021.

North America acquired the largest revenue share in the airsoft guns market in 2021. This is due to rising consumer inclination for adventure activities and increases in disposable income in the region. By considering the market demand, several companies are offering fields and airsoft guns for rent, where everyone can enjoy the adventure activity. For instance, U.S.-based company, AirsoftC3, LLC is one of the main hosts of indoor as well as outdoor airsoft games that offers field, bb guns, airsoft guns, and protective gear for rent. Thus, North America generated the largest revenue in 2021.

A growing number of rifle companies in advanced countries, such as the U.S., the UK, Germany, France, and Italy have played a significant role in boosting the use of airsoft guns. Companies are running multiple airsoft gun activities and events to bring people into the team.

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Airsoft Guns Market Report Highlights

• The Middle East and Africa are expected to dominate the market over the forecast period from 2023 to 2030. Varying consumer behaviors toward adventure sports activity, along with rising disposable income, particularly among the youth working population, in countries such as Saudi Arabia and UAE, is likely to increase the market growth in the region
• The rifle segment is projected to grow with the fastest CAGR of 8.4% in the forecast period. This is owing to the majority of game experts advising players to use these rifles as they help in providing improved overall shooting accuracy
• The online segment is projected to register the fastest CAGR of 8.2% in the forecast period. A growing number of social media drives about the thrill of these sports events will surge the demand for airsoft guns over the online channel over the next few years

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Airsoft Guns Market Segmentation

Grand View Research has segmented the airsoft guns market report based on product, distribution channel, and region:

Airsoft Guns Product Outlook (Revenue, USD Million, 2017 - 2030)

• Handgun
• Rifle
• Shotgun
• Muzzle Loading

Airsoft Guns Distribution channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Airsoft Guns Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Airsoft Guns Market

• VALKEN SPORTS
• Colt’s Manufacturing Company, LLC
• ICS Airsoft, Inc.
• Crosman Corporation
• Lancer Tactical Inc.
• Kriss USA
• G&G ARMAMENT TAIWAN LTD.
• Ballistic Breakthru Gunnery Corporation
• A&K Airsoft
• Tokyo Marui

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.

Supply Chain Management Market Revenue Sales to Reach $48.60 Billion by 2030: Grand View Research Inc.

 Supply Chain Management Market Growth & Trends

The global supply chain management market is anticipated to reach USD 48.60 billion by 2030, registering a CAGR of 11.2% in the forecast period, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to advancements in digital technologies, increasing demand for improved supply chain processes visibility by end-users, shipment information transparency, and bolstering the growth of the retail & e-commerce sector. Supply chain management (SCM) enables supply chain managers to track precisely where their existing operations are performing or underperforming. SCM also generates reliable, data-driven solutions and improves businesses' insight through cross-functional access. As a result, end customers are more likely to embrace supply chain management software.

The increasing concerns among enterprises regarding the privacy and security of confidential data are major factors restraining market growth. Data from businesses may leak via the internet and be accessed by unauthorized users, a rising concern among companies. However, the adoption of advanced technologies such as the internet of things (IoT), blockchain, cloud computing, artificial intelligence (AI), and robotics automation, among others, are enabling the secured digital supply network in the near future.

The COVID-19 pandemic illustrated long-standing vulnerabilities in global supply networks. Lockdowns hindered or delayed the movement of raw materials and interrupted manufacturing across multiple industries, putting supply chains under tremendous strain. This disruption has increased supply chain management (SCM) demand. The COVID-19 epidemic has hit every sector, and due to social distancing norms, organizations are shifting toward digitization to assure safety. Companies focus on supply chain optimization to reduce costs, reduce inventories, and increase asset utilization.

Key players such as Infor, Microsoft, IFS, HighJump, and Coupa Software, operating in the supply chain management market, are adopting various growth strategies such as partnerships & collaborations, and mergers & acquisitions to capture maximum market share globally. For instance, in November 2020, Coupa Software announced the acquisition LLamasoft, an artificial intelligence (AI)-powered supply chain design and planning company. The acquisition expands Coupa's supply chain operations, allowing its clients to achieve significant value through business spend management (BSM). Coupa's spend management implementation core and broad market reach, combined with LLamasoft's artificial intelligence (AI) supply chain analytics and digital supply chain, provide an opportunity to incorporate digital transformation solutions.

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Supply Chain Management Market Report Highlights

• In terms of component, the solution segment accounted for the largest share in 2023 and is expected to retain its dominance over the forecast period. Solutions such as transportation management systems, planning & analytics, warehouse & inventory management system, procurement & sourcing, and manufacturing execution are used for supplier management, quality assurance, and logistics management. Increased demand for transportation management systems (TMS) software and the integration of advanced technology into SCM software are the factors attributing to the growth of the market.
• In terms of deployment, the cloud-based segment is expected to be the fastest-growing segment during the forecast period. Most companies have started to adopt the cloud-based SCM system, where they may gain advantages. The cloud-based SCM's storage flexibility provides scalability, which aids enterprises in effective productivity.
• In terms of vertical, the manufacturing segment accounted for the largest market share in 2023 and is expected to retain its dominance over the forecast period. Supply chain management (SCM) enables manufacturers to minimize direct sales and overhead expenses by lowering distribution costs. Examples of SCM systems that minimize distribution expenses include fuel-efficient forklifts, stringent material-handling standards, advanced navigation, routing solutions, and a cost-based order-processing and procurement system.
• Asia Pacific is expected to register the highest growth during the forecast period. Huge infrastructure investments by governments and large corporations to improve mobility and infrastructure will likely boost demand for SCM in the Asia-Pacific region. For instance, in September 2022, DHL announced an investment of USD 520 million in India over the next five years to increase its warehouse capacity, workforce, and environmental initiatives

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Supply Chain Management Market Segmentation

Grand View Research has segmented the global supply chain management market report based on component, deployment, enterprise size, vertical, and region:

SCM Component Outlook (Revenue, USD Million; 2017 - 2030)

• Solution
  • Transportation Management System
  • Planning & Analytics
  • Warehouse & Inventory Management System
  • Procurement & Sourcing
  • Manufacturing Execution System
• Services
  • Professional Services
  • Managed Services

SCM Deployment Outlook (Revenue, USD Million; 2017 - 2030)

• On-premise
• Cloud-based

SCM Enterprise Size Outlook (Revenue, USD Million; 2017 - 2030)

• Small & Medium Sized Enterprises
• Large Enterprises

SCM Vertical Outlook (Revenue, USD Million; 2017 - 2030)

• Retail & e-Commerce
• Healthcare
• Automotive
• Transportation & Logistics
• Food & Beverages
• Manufacturing
• Others

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

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

List of Key Players in Supply Chain Management (SCM) Market

• SAP SE
• Oracle
• Blue Yonder, Inc.
• Infor
• Manhattan Associates
• Coupa Software, Inc.
• IBM
• American Software, Inc.
• Korber AG
• Epicor Software Corporation

About Grand View Research

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

Sales Enablement Platform Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Sales Enablement Platform Market Growth & Trends

The global sales enablement platform market size is expected to reach USD 12.78 billion by 2030, expanding at a CAGR of 15.8% from 2023 to 2030, according to the new reports of Grand View Research, Inc. The rising need for automated content creation, coupled with increasing internet penetration, is driving the demand for sales enablement platforms. Sales enablement platforms offer telecommunication sales representatives with content and tools to boost internal sales. Both startup and leading tech players deploy sales enablement for lead generation as it enhances workflow and minimizes inter-department bottlenecks.

Furthermore, COVID-19 has increased the penetration of technologies such as AI, IoT, cloud, and machine learning. In addition, the adoption of connected devices for sales enablement has depicted a rise in productivity and sales for sales representatives. For example, tablets have demonstrated the potential to drive revenue by differentiating buying experiences and rectifying sales productivity issues. As per the Sales Management Association study, 70% of sales companies were utilizing tablets to increase positive ROI.

Sales enablement platforms provide sales reps with personalized content, streamlining processes to create a smooth buying experience. The training and coaching can help sales reps to achieve business objectives. The use of advanced technologies such as AI also provides sellers with metrics that can measure growth rates and drive sales. Cloud-based solutions are gaining more traction than on-premise solutions owing to the reduced costs and scalability offered by cloud platforms. Cloud-based servers utilize virtual technologies to host the company’s application off-premise.

Factors such as the absence of capital expense, frequent availability of data backup, and pay-as-you-go features make cloud solutions favorable. Several large organizations prefer cloud-based solutions as it has higher appeal to consumers and other business partners. Challenges such as changes in the delivery and distribution of a company’s product or technological issues are driving the need for sales enablement platforms for both large and small and medium enterprises. Companies may confront issues such as archaic operating systems that reduce supply capacity which can cause inventory interruptions. Software issues can cause financial costs and lead to production shortfalls.

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Sales Enablement Platform Market Report Highlights

• The platform segment accounted for the largest market share of over 74.2% in 2022 and is anticipated to maintain its dominance over the forecast period. Several organizations across different industries such as BFSI, IT & Telecom, and Healthcare, among others are adopting the use of a sales enablement platform to increase efficiency in aspects such as training, coaching, content management, and sales communication
• The small and medium organization segment is expected to observe the highest CAGR of 16.1% during the forecast period. The growing adoption of digital sales rooms and video format meetings in sales enablement platforms can help SMEs to improve their business reach
• The cloud segment is anticipated to witness exceptional growth at a CAGR of 16.9% during the forecast period. Cloud enablement services provide a highly scalable platform that simplifies high-performance computation for both small and large enterprises
• The consumer goods & retail segment is anticipated to register considerable growth at a CAGR of 18.0% over the forecast period and is expected to maintain its dominance over the forecast period. The rapidly growing retail industry globally is generating demand for sales enablement platforms
• The North America regional market is expected to account for the largest share of over 29.7% in 2022 and is expected to retain its position over the forecast period. The high presence of key players such as Accent Technologies, Inc.; SAP; and Mediafly coupled with the rise in internet penetration, is driving the demand for sales enablement platforms in the region
• Key market players have an extended operating history, a large customer base, and significant competitive strengths. In addition to the inorganic growth strategies, vendors emphasize improving after-sale service offerings to ensure periodic maintenance of installed products

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

Sales Enablement Platform Market Segmentation

Grand View Research has segmented the global sales enablement platform market based on component, organization size, deployment, end-use industry, and region:

Sales Enablement Platform Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Platform
• Service

Sales Enablement Platform Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Organization
• Small & Medium Organization

Sales Enablement Platform Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• On-premise
• Cloud

Sales Enablement Platform End-use Industry Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• IT & Telecom
• Consumer Goods & Retail
• Media & Entertainment
• Healthcare & Lifesciences
• Manufacturing
• Others

Sales Enablement Platform Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Sales Enablement Platform Market

• Accent Technologies, Inc.
• Bigtincan Holdings Ltd.
• Bloomfire
• Brainshark, Inc.
• ClearSlide
• Highspot
• Mediafly
• Mindtickle Inc.
• Pitcher AG
• QorusDocs Ltd.
• Qstream Inc.
• Rallyware Inc.
• SAP
• Seismic

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.

Freight Transport Market Growth With Worldwide Industry Analysis To 2030: Grand View Research Inc.

 Freight Transport Market Growth & Trends

The global freight transport market size is expected to reach USD 72.97 billion by 2030, registering a CAGR of 11.3% during the forecast period, as per the new report by Grand View Research, Inc. The growth of the market is attributed to reduced shipping costs, especially for companies that engage in bulk shipments on a regular basis. Utilizing freight transport services allows businesses to focus on their core activities such as R&D, manufacturing, strategic planning, and outsourcing product fulfillment operations to freight transport providers offers the benefits of an entire logistics set-up, including warehousing, order processing equipment, and computer and software systems, without fixed overheads. In addition, the factors such as growing urbanization and communication innovations are expected to amplify the market. Freight transport allows companies to deliver goods quickly and at a minimal cost.

Further, on-time delivery has become a vital factor for the logistics industry. Thus, several innovations in effective transportation process management have evolved as a key responsibility for the freight transport industry. Transportation occupies one-third of the logistics cost, with freight transportation management hugely influencing the performance of the logistics system. Furthermore, the commercial transportation, logistics, and trucking industries have witnessed considerable technological advancements. Consumer demand for same-day shipments has increased, and rising online transactions are resulting in rapid delivery. Positive technical advances in logistics have enabled commercial transportation firms to effectively meet a record-high demand while adjusting to shifting customer preferences and expectations.

The recent economic tumult, such as the COVID-19 impact and increase in fuel prices, has critically affected the landscape of freight transportation service providers. Due to the economic decline, shippers concentrated their outsourcing requirements to a few close suppliers, resulting in several freight transport ceasing operations. However, the changing consumer preferences and customer buying behavior in the post-COVID-19 period, which is more inclined towards e-commerce, has helped the freight transport market to grow.

Furthermore, the freight transport market also impacts the environment due to its carbon emission; the freight transport service provider takes various initiatives to reduce the carbon footprint, such as switching to electric vehicles and utilizing drones for delivery. For instance, In July 2022, CJ Logistics Corporation and Kia Motors signed a Memorandum of Understanding (MOU). Under the MOU, Kia Motors would transform CJ Logistics Corporation’s existing fleet of trucks and other vehicles into electric cargo trucks, cargo vans, and passenger taxis as part of its Purpose-Built Vehicle (PBV) initiative. This initiative would help the company to achieve its goal of converting its entire automobile fleet to a zero-emission fleet. In addition, in October 2022, CEVA Logistics partnered with Decathlon sporting goods retailers for logistics. The company will use its electric vehicle fleet, including cargo vans and electric trucks, to transport the cargo in Thailand. This initiative will also help in reducing the carbon footprint.

The key players have adopted various growth strategies such as partnerships & collaborations, contracts & agreements, and mergers & acquisitions to expand their market share, broaden their product portfolio, and increase their geographic presence. For instance, in October 2022, DB Schenker Logistics announced a partnership with Trailer Dynamics and Krone Commercial Vehicle Group to procure 2000 units of e-trailers for the European region. This is a big step towards their goal of reducing their carbon emission to net zero by 2040. In August 2021, FedEx, a subsidiary of FedEx Corporation, announced the expansion of its operations in Seattle. Under the expansion, a new flight will operate between Paine Field and FedEx Express World Hub in Tenn. The expansion will improve the overall capacity of the company in the U.S.

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Freight Transport Market Report Highlights

• The freight transport market is gaining traction owing to the rapid growth in developing countries and the increase in the e-commerce business across the globe
• In terms of the offering, the solution segment is anticipated to register the highest CAGR from 2022 to 2030. The segment's growth can be attributed to the increasing adoption of innovative freight transport management solutions worldwide. The solution segment comprises freight transportation cost management, freight mobility solution, freight security and monitoring system, freight information management system, etc., which helps widely in automating the logistics process. The automation of crucial procedures related to sales and customer service, capacity planning, and antiquated logistical workflows can significantly increase visibility, facilitate quick decision-making, improve profits, and boost productivity
• In terms of mode of transport, the roadways segment accounted for a significant revenue share in 2021 and is expected to retain its dominance during the forecast period. The growth of the segment can be attributed to the rising need for road-based transportation for transporting retail goods across long distances, particularly for last-mile delivery
• In terms of vertical, the retail & e-commerce segment dominated the market in 2021 and is expected to maintain dominance during the forecast period owing to rising e-commerce sales. Moreover, consumers’ desires to purchase goods online have been fueled by the ability to compare pricing and product availability online. This has increased the demand for e-commerce logistics services
• Based on region, Asia Pacific is expected to emerge as the fastest-growing market, registering a significant CAGR during the forecast period. The increasing number of trans-regional trade passages and gateways is expected to create a substantial opportunity for freight transport solution providers within the region

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

Freight Transport Market Segmentation

Grand View Research has segmented the global freight transport market based on offering, mode of transport, vertical, and region.

Freight Transport Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Solution
  • Freight Transportation Cost Management
  • Freight Mobility Solution
  • Freight Security & Monitoring System
  • Freight Information Management System
  • Fleet Tracking & Maintenance Solution
  • Freight Operational Management Solutions
  • Freight 3PL Solution
  • Warehouse Management System
• Services

Freight Transport Mode of Transport Outlook (Revenue, USD Million, 2017 - 2030)

• Railways
• Roadways
• Seaways
• Airways

Freight Transport Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Retail & E-commerce
• Automotive
• Aerospace & Defense
• Pharmaceuticals
• Energy
• Others

Freight Transport Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Freight Transport Market

• H. Robinson Worldwide Inc.
• CEVA Logistics
• DB Schenker Logistics
• Deutsche Post AG,
• FedEx
• Kuehne + Nagel International AG
• United Parcel Service of America, Inc.
• Schneider National, Inc.
• DSV PANALPINA A/S
• Kerry Logistics Network Limited
• Nippon Express Holdings.
• Oracle
• SAP SE
• CJ Logistics Corporation

About Grand View Research

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

Cell Viability Assays Market to Reflect a Holistic Expansion During 2023 to 2030: Grand View Research Inc.

 Cell Viability Assays Market Growth & Trends

The global cell viability assays market size is expected to reach USD 3.01 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.94% from 2023 to 2030. The rising prevalence of chronic and infectious diseases and the increasing focus on cell-based therapeutics are expanding the growth prospects of the market. In addition, growing funding for cell-based research and increasing use of automated instruments are the key factors driving the market for cell viability assays (CVAs).

Increasing funding and investments for cell-based research are expanding growth prospects for cell viability assays. For instance, in May 2022, the California Institute for Regenerative Medicine (CIRM) announced an investment of USD 11 million to fund a cell therapy clinical trial testing to help throat cancer patients to heal from the devastating side effects of radiation therapy. Thus, increasing funding for cell-based research is predicted to boost market growth during the projection period.

Furthermore, major players are continuously developing sophisticated technologies to meet the rising demand and capture untapped opportunities. For instance, in April 2022, Molecular Devices, LLC introduced SpectraMax Mini Multi-Mode Microplate Reader for various applications, including cell viability. It is a compact and cost-effective solution integrated with data analysis software and protocol control for rapid data generation and analysis. Such technological innovations are anticipated to increase the adoption of CVAs in biotech and academic laboratories.

The COVID-19 pandemic is expected to positively influence market growth. The cell counting and viability assay are used to aid COVID-19 vaccine research. The most frequently used CVAs in COVID-19 research include Live/Dead (EarlyTox Live/Dead Assay Kit) staining, MTT assay, Transfection efficiency, and Cell viability (CellTiter-Glo Luminescent Cell Viability Assay). As a result, the usage of these assays is projected to increase due to the COVID-19 pandemic, which, in turn, is anticipated to boost the market growth.

The rising focus on the development of cell-based therapeutics is accelerating market growth. Increasing clinical trials, FDA approvals, and strategic initiatives such as collaborations by major players are boosting the market growth. For instance, in January 2022, Bristol Myers Squibb and Century Therapeutics entered into a research collaboration to develop four induced pluripotent stem cells for hematologic malignancies and solid tumors. Such initiatives are projected to increase the application of CVAs during the development of stem cell therapeutics, thereby propelling growth during the forecast years.

On the other hand, the high cost of reagents and limitations in the applicability of cell viability assay for 3D cell culture may restrict the market growth to a certain extent. For instance, while performing the cell viability assay in 3D cell culture, the assay regents may have difficulty reaching the center of microtissues. Thus, accurate results of the assay cannot be determined. However, key players are continuously striving for developing novel and cost-effective reagents and techniques to overcome the limitations, which is likely to create growth prospects for the market.

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Cell Viability Assays Market Report Highlights

• By product, the consumables segment held the largest share in 2022. This is attributed to the increase in the requirement of CVAs for pharmaceutical and biotechnology companies, stem cellresearch, and diagnostics, which, in turn, is likely to fuel the market growth
• By application, the drug discovery and development segment held the second-largest share in 2022. This is attributed to an increase in the applications of CVAs to estimate the cellular variations related to cell death during the drug discovery and development
• By end-user, the biopharmaceutical and pharmaceutical companies segment held the largest share in 2022 owing to the widespread use of cell viability assay in pharmaceuticals to evaluate the influence of developed agents on cells
• North America dominated the global market with over 35.0% share in 2022 due to a rise in investment initiatives by the government, increasing incidence of chronic diseases such as cancer, and the presence of high-quality infrastructure for clinical and laboratory research
• Asia Pacific is expected to grow considerably in the future owing to the rising demand for novel therapeutics, increasing R&D investment by governments, and rapid infrastructural development

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

Cell Viability Assays Market Segmentation

Grand View Research has segmented the global cell viability assays market based on product, application, end-user, and region:

Cell Viability Assays Product Outlook (Revenue, USD Million, 2018 - 2030)

• Consumables
  • Reagents And Assay Kits, By Type
    • Dye Exclusion Assays
    • Colorimetric Assays
    • Fluorometric Assays
    • Luminometric Assays
  • Microplates
• Instruments
  • Spectrophotometer
  • Microscopy
  • Cell Imaging And Analysis System
  • Flow Cytometry
  • Others

Cell Viability Assays Application Outlook (Revenue, USD Million, 2018 - 2030)

• Drug Discovery And Development
• Stem Cell Research
• Diagnostics

Cell Viability Assays End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Biopharmaceutical & Pharmaceutical Companies
• CROs & CMOs
• Academic & Research Institutes
• Diagnostic Labs

Cell Viability Assays Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Cell Viability Assays Market

• Thermo Fisher Scientific, Inc.
• Agilent Technologies, Inc.
• Bio-Rad Laboratories, Inc.
• Merck KGaA
• BD
• PerkinElmer Inc.
• Promega Corporation
• Biotium
• Creative Bioarray
• Abcam plc
• Charles River Laboratories

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.