Automotive Infotainment Market to Expand at a CAGR of 9.9% Through 2030: Grand View Research Inc.

Automotive Infotainment Market Growth & Trends

The global automotive infotainment market size is expected to reach USD 28.93 billion by 2030 and is anticipated to expand at a CAGR of 9.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for safety features, digital cockpits, self-driving vehicles, and entertainment purposes is driving the demand for the automotive infotainment market. Advances in driver safety software and sensors are playing a niche role in driving the growth of the automotive infotainment systems market. As automotive technology continues to evolve in line with the strong emphasis on driver safety, automakers are incorporating digital monitoring systems (DMS) and ADAS into their automobiles.

Smartphones can be connected to the vehicle's entertainment system using Bluetooth. Modern infotainment systems use HDMI cables, Bluetooth, and USB to send audio and video content to display screens, speakers, and headphones. Bluetooth connectivity allows for advanced functions such as hands-free calling and call record visibility. Furthermore, in March 2023, BMW launched an infotainment system which offers smartphone experience. The updated BMW iDrive infotainment system works on BMW Operating System 8.5, which is based on Linux and can make greater use of the BMW Curved Display. Users can rearrange the various icons on the system's main screen, which has adjustable visuals, similar to a computer or smartphone screen, with the new iDrive update.

Automakers are increasingly offering rear-seat entertainment packages, which can enhance the journey experience for rear-seat passengers. These product offerings include a headrest mount for wireless devices, a headrest with built-in monitors, and portable hard drives with streaming facilities as well as audio devices, such as sound splitter adapters and wireless car headphones. Rear-seat entertainment systems are commonly installed in premium and luxury cars. As the demand for premium cars continues to grow in line with the rising levels of disposable income, the demand for automotive infotainment systems supporting rear-seat entertainment is also growing proportionally the increasing usage of a tablet in cars is particularly encouraging automobile manufacturers to design and develop tablets customized according to consumer and vehicle parameters.

Prominent automobile manufacturers are working closely with software development companies to develop a technologically advanced solution that provides a cutting edge over competitors. For instance, in April 2023, Alps Electric Co., Ltd. signed a long-term agreement with Tata Elxsi, a provider of technology services to develop next-generation vehicle software.

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Automotive Infotainment Market Report Highlights

• The OEM fitted dominated the fit type segment in 2023, owing to its easier serving, low maintenance, and company warranty feature.
• The passenger car led the vehicle type segment in 2023. The increasing demand for technologically advanced features in the passenger vehicles used by the transportation sector is a key contributor to the lion’s share of the segment.
• Asia Pacific dominated the automotive infotainment industry in 2023. This growth can be attributed to factors such as a highly competitive automotive market in the country, which encourages OEMs in the country to focus on providing enhanced customer experience by integrating touchscreen or large-screen infotainment systems 
• In May 2023, Mitsubishi Electric Corporation partnered with Commsignia Ltd., a provider of V2X technology. Through the partnership V2X solution of Commsignia combined with High-Definition Locator (HDL) technology of Mitsubishi to support safety of advanced-driver-assistance systems (ADAS) and autonomous-driving.

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Automotive Infotainment Market Segmentation

Grand View Research has segmented the global automotive infotainment market on the basis of product type, fit type, vehicle type, and region:

Automotive Infotainment Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Audio Unit
• Display Unit
• Heads-Up Display
• Navigation Unit
• Communication Unit

Automotive Infotainment Fit Type Outlook (Revenue, USD Million, 2018 - 2030)

• OEM Fitted
• Aftermarket

Automotive Infotainment Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)

• Passenger Cars
• Commercial Vehicles

Automotive Infotainment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Companies in the Automotive Infotainment Market

• Alpine Electronics
• Clarion Co., Ltd.
• Continental AG
• Delphi Automotive PLC
• Denso Corporation
• Harman International
• JVC KENWOOD Corporation
• Panasonic Corporation
• Pioneer Corporation
• Visteon 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.

Healthcare Navigation Platform Market Is Booming Worldwide 2024-2030

 Healthcare Navigation Platform Growth & Trends

The global healthcare navigation platform market size is estimated to reach USD 17.67 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 8.49% from 2024 to 2030. Factors such as the rise in adoption of data-driven technologies,growing emphasis on patient-centric care, and the need for improved navigation platforms for organizations are anticipated to drive market growth in the upcoming years. Moreover, substantial investment requirements and a need for more skilled healthcare IT professionals impede the market's expansion.

Customers consistently seek integrated solutions encompassing various aspects of healthcare navigation, such as health benefits guidance, well-being engagement, care coordination, and advocacy. To cater to this demand, service providers are implementing AI and Machine learning technology to innovate or develop new platforms. For instance, in May 2023, Sharecare launched Sharecare+, its digital-first, precision advocacy solution to scale benefits navigation efficiently and integrated clinical care delivery. The purpose of Sharecare+ is to identify the person’s needs with the help of its expertise in clinical coaching & lifestyle with AI-powered digital capabilities and a robust set of analytics.

Furthermore, the pricing of healthcare navigation services plays a crucial role in market growth. As the growing demand for healthcare navigation services to help people access the care they need is increasing. The service providers are innovating the services, ensuring that these services are accessible and affordable to the organization and their employees. Moreover, the prices vary based on the type of services as per the requirement of a company. For instance, Healthcare Navigation, LLC offers healthcare navigation and advocacy services in three categories, which are as follows: basic, premium, and platinum. The basic prices of the services may start from USD 1,200/individual per year. For premium, the solution is offered at USD 2,000/year for individuals and customized for couples & families, and platinum is offered at USD 4,000/yearly for individuals.

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Healthcare Navigation Platform Market Report Highlights

• In terms of deployment, the cloud-based segment dominated the market share of over 63% in 2023, owing to solutions such as secure storage for patient data, seamless integration with other healthcare systems, and accessibility from anywhere that are offered by platforms, enabling healthcare providers and patients to access and utilize healthcare navigation tools and resources efficiently.
• In terms of end-use, the large enterprises segment dominated the market share in 2023owing to their substantial financial resources, comprehensive employee wellness initiatives, and a strategic focus on leveraging advanced healthcare technologies.
• North America dominated the market for healthcare navigation platforms and accounted for the largest revenue share in 2023. This can be attributed to the investment in streamlined healthcare navigation solutions by organizations in the region and the presence of key healthcare navigation platform players.
• Market players operating in the healthcare navigation platform market include Quantum CorpHealth Pvt Ltd.; Accolade; Transcarent; Included Health, LLC; Sharecare, Inc.; Apree Health; Health Advocate; Health Joy, LLC; Wellframe

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Healthcare Navigation Platform Market Segmentation

Grand View Research has segmented the healthcare navigation platform market on the basis of deployment, end-use, and region:

Healthcare Navigation Platform Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• On-Premises
• Cloud Based

Healthcare Navigation Platform End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Large Enterprises
• Small and Medium Enterprises (SMEs)

Healthcare Navigation Platform Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Healthcare Navigation Platform Market

• Quantum CorpHealth Pvt Ltd.
• Accolade
• Transcarent
• Included Health, LLC
• Sharecare, Inc.
• Apree Health
• Health Advocate
• Health Joy, LLC
• Wellframe

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.

Filtration And Drying Equipment Market Report | Business Growth 2030

 Filtration And Drying Equipment Market & Trends

The global filtration and drying equipment market size is anticipated to reach USD 2.46 billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand from various end-user industries such as food & beverage, chemicals, and water & wastewater treatment are expected to propel the demand. Moreover, the growth is driven by the rising use of filtration & drying equipment in emerging economies.

According to the India Brand Equity Foundation (IBEF), the pharmaceutical industry is recognized as the sunrise sector for the country’s economy in the Union Budget-2022. It is predicted to triple in size in the next few years. According to the Economic Survey 2021–2022, the pharmaceutical industry in India is projected to reach USD 65 billion by 2024, attributed to the leadership of domestic manufacturers offering generic pharmaceutical formulations. In the pharmaceutical industry, filtration & drying equipment are critical for maintaining the quality of products manufactured. Their proper operations ensure that pharmaceutical products perform optimally and maintain their integrity after use by consumers. Thus, the growing pharmaceuticals industry in India is expected to lead to surged demand for filtration & drying equipment used in it during the forecast period.

The chemical industry is witnessing increased adoption of filtration & drying equipment owing to their high chemical resistance and adherence to the relevant filtration parameters to achieve the highest possible quality of end products. These equipment are durable, safe, and effective technological solutions that can be optimized and efficiently developed to adhere to various process parameters. Moreover, chemical plants require the installation of high-performance filtration & drying equipment, characterized by optimized heat transfer, reduced drying times, and excellent product discharge performance. This equipment separates substances such as dyes, pesticides, silicic acid, glycerin, basic chemicals, pigments, white alumina, manganese, caustic soda, soda ash, and mud using different filtration and drying techniques.

Innovations in filtration and drying equipment open new markets by improving existing ones. For instance, developments in energy-efficient equipment, automation, and smart filtration systems attract increased interest from end-users. Moreover, companies are increasingly adopting sustainable practices. The demand for eco-friendly filtration and drying equipment is expected to increase over the forecast period. Sustainability and green manufacturing practices focus on developing and promoting environment-friendly technologies and practices that reduce the environmental impact. As industries become more conscious of their environmental footprint, the demand for sustainable equipment has increased significantly.

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Filtration And Drying Equipment Market Report Highlights

• Based on technology, the ANFD segment dominated with 50.9% of the revenue share in 2023. ANFD boasts several benefits, including the ability to maintain an inert gas atmosphere, facilitate product blending before discharge, and uphold product purity throughout the entire process. This versatile equipment, serving as a combination of dryer and filter units, finds applications in industries such as dyes, pharmaceuticals, chemicals, and textiles
• Centrifuges generate high centrifugal forces that enable rapid and efficient separation of substances based on density, making them indispensable in processes such as the clarification of liquids, separation of biological materials, and purification of pharmaceuticals. Their versatility, scalability, and ability to handle a wide range of sample volumes make centrifuges valuable tools for research laboratories, pharmaceutical manufacturing, wastewater treatment, and numerous other applications where efficient solid-liquid or liquid-liquid separation is paramount
• Filtration & drying equipment are integral components in the chemical industry, facilitating crucial separation and purification processes. Filtration technologies, such as vacuum and pressure filtration systems, are employed to remove solid impurities from liquids and to ensure the production of high-purity chemical products. These technologies play a vital role in the production of chemicals by enabling efficient separation, purification, and drying processes, contributing to the overall quality and consistency of chemical products in the industry
• Asia Pacific dominated the market for filtration & drying equipment in 2023, owing to the robust industrialization, expanding manufacturing sectors, and stringent quality standards
• In June 2023, Ferrum Ltd. expanded its operations by opening an extension building in Schafisheim, Switzerland, in which USD 46.4 million will be invested

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Filtration And Drying Equipment Market Segmentation

Grand View Research has segmented the global filtration and drying equipment market based on technology, end-use, and region:

Filtration And Drying Equipment Technology Outlook (Revenue, USD Billion, 2018 - 2030)

• Centrifuges
  • Perforate Basket Centrifuge
  • Pusher Centrifuge
  • Peeler Centrifuge
  • Others
• Agitated Nutsche Filter-Dyers (ANFD)
• Others

Filtration And Drying Equipment End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Pharmaceutical
• Chemicals
• Water and Wastewater Treatment
• Food & Beverages
• Others

Filtration And Drying Equipment Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Filtration And Drying Equipment Market

• HEINKEL Process Technology GmbH
• GMM Pfaudler
• Tsukishima Kikai Co., Ltd
• HLE Glascoat
• Amar Equipment Pvt. Ltd.
• Charles Thompson Ltd.
• 3V Tech S.p.A.
• Hosokawa Micron Powder Systems
• Zhejiang Yaguang Technology Co., Ltd
• Little Men Roaring, LLC
• Pope Scientific Inc
• Promas Engineers PVT.LTD
• Chem Flowtronics
• Synovatic India
• Bachiller
• amixon GmbH
• BHS-Sonthofen GmbH
• GEBRÜDER LÖDIGE MASCHINENBAU GMBH
• EKATO HOLDING GmbH
• DE DIETRICH PROCESS SYSTEMS
• Alfa Laval AB
• ANDRITZ AG
• GEA Group Aktiengesellschaft
• Comi Condor S.p.A.
• Ferrum Ltd.
• Rousselet Robatel
• Flottweg SE
• CEPA

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.

Metal Recycling Market Expected To Trigger A Revenue To $1.4 Trillion By 2027: Grand View Research, Inc.

 Metal Recycling Market Growth & Trends

The global metal recycling market size projected to reach USD 1.4 trillion by 2027 registering a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Increasing emphasis on circular economy and growing environmental awareness are the major factors that are likely to propel the market growth over the coming years.

International efforts to enhance global recycling capabilities and the increasing availability of obsolete scrap is likely to promote industry growth in the long term. In terms of volume, steel is the most recycled metal than other materials. This is owing to the abundant availability of steel scrap. However, the outbreak of the COVID-19 pandemic is likely to cause a severe decline in the demand for 2020.

Furthermore, the growing consumption of metal in end-use industries is also likely to play a major role in driving market growth. For instance, steel is largely consumed in the automotive, construction, industrial manufacturing, and consumer goods industries. Aluminum recycling is also gaining significant momentum as recycling aluminum saves over 90% energy compared to its primary production.

Metal manufacturers are increasingly promoting recycling as an effective way to address the problem of resource scarcity and mitigate environmental impact associated with the production process. The industry is garnering significant pace as economically viable recovery of metals from the sorted recyclates is now feasible.

Asia Pacific is predicted to be the largest as well as the fastest-growing regional market from 2020 to 2027. Proper waste management and rapid urbanization are the major factors that are likely to trigger industry growth in APAC. The growing manufacturing sector in India, China, Vietnam, Thailand, Myanmar, and Indonesia is leading to increased production activities, thereby boosting the demand for metal recycling.

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Metal Recycling Market Report Highlights

• Asia Pacific captured the largest revenue share of 67% in 2019, in terms of volume, as the region is the largest producer of metals in the world
• Steel is expected to register the fastest CAGR of 6.4%, in terms of revenue, from 2020 to 2027 owing to abundant availability of steel scrap from automobiles
• The construction application segment led the market with a volume share of approximately 47% in 2019, owing to high spending in the construction sector in emerging economies of Asia Pacific
• Consumer goods is expected to register the fastest CAGR from 2020 to 2027 on account of rising demand for metal products in this sector
• Aluminum was the second-largest recycled product in 2019 owing to the high demand for aluminum for the production of lightweight vehicles

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Metal Recycling Market Segmentation

Grand View Research has segmented the global metal recycling market report on the basis of product, application, and region:

Metal Recycling Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 - 2027)

• Steel
• Aluminum
• Copper
• Others

Metal Recycling Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 - 2027)

• Construction
• Automotive
• Consumer Goods
• Industrial Goods

Metal Recycling Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2016 - 2027)

• North America
  • The U.S.
• Europe
  • Germany
  • Russia
  • Turkey
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa

List of Key Players of Metal Recycling Market

• European Metal recycling
• CMC
• Utah Metal Works
• GFG Alliance
• Norsk Hydro ASA
• Kimmel Scrap Iron & Metal Co., Inc.
• Schnitzer Steel Industries, Inc.
• Novelis
• Tata Steel
• Sims Metal Management 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.

Non-ferrous Scrap Recycling Market Predicted to Witness Steady Growth During the Forecast Period

 Non-ferrous Scrap Recycling Market Growth & Trends

The global non-ferrous scrap recycling market size is anticipated to reach USD 308.5 million by 2027, expanding at a CAGR of 2.8%, according to a new report by Grand View Research, Inc. The growth of the market is attributed to increasing consumer awareness pertaining to recycling coupled with the rising production of secondary metals.

The primary production of metals is a capital intensive procedure and consumes lots of energy. Usage of scrap in metal production reduces manufacturing costs and energy consumption, making secondary metal production both economically and environmentally friendly. This compels the manufacturers to opt for secondary production, giving rise to more demand for scrap metal.

Based on metal, the market has been segmented into aluminum, copper, lead, and others. There are various types of non-ferrous metals of which aluminum and copper account for a higher share owing to their phenomenal properties. Such properties propel their use in various applications including construction, automotive, and consumer goods industries. As a result, these three sectors are the major contributors to the generation of non-ferrous metal scrap.

Aluminum is extensively used in the construction industry owing to its lightweight characteristics in various structures such as roofing, walls, door and window frames, and even handles. Its usage is increasing in the automotive industry as well in vehicle body frames. The metal has a high recovery rate from both the construction and automotive sectors, which makes its largest segment, in terms of volume, of the global market.

Non-ferrous accounts for a higher revenue share than ferrous scrap in the overall market owing to their high prices. However, the spread of the covid-19 pandemic has caused the prices of the metals to decline drastically. In India, prices of aluminum and copper dropped by 5% in February 2020 from January 2020. The pandemic caused the shutting down of manufacturing operations and restricting transportation, which resulted in low demand for these metals, resulting in a decline in prices.

Construction and automotive are major shareholding sectors in terms of scrap generation; however, their growth rate is less when compared to consumer goods. Household appliances and other consumer goods have a short lifespan than structures and vehicles, owing to which these products tend to turn into scrap faster than products of the other sectors.

Asia Pacific accounted for the largest volume share in 2019 and this trend is anticipated to continue over the forecast period. The growth is augmented towards Japan, India, and Southeast Asian countries, which are taking efforts in improvising their recycling industry. The nations are inviting investments for the industry to propel market growth. For instance, in 2019, Jiangxi Copper Co. announced its plan to build a plant for producing refined copper in Malaysia, where scrap shall be used as a key raw material.

The growth of the non-ferrous scrap recycling industry is expected to be further propelled by government initiatives. For instance, on March 27, 2020, the Indian Ministry of Mines released a Draft National Non-Ferrous Metals Scrap Recycling Policy for emphasizing on the underdeveloped non-ferrous scrap recycling sector in the country. India is a huge hub of scrap generation; however, due to unorganized nature and less consumer awareness towards recycling, the country majorly relies on imports for its consumption. Such policies are expected to address the issues pertaining to recycling in the country.

The market is both highly competitive and unorganized in nature. The COVID-19 pandemic has largely impacted market growth and players of the industry as of 2020. Factors like shortage of workers, no demand from manufacturing plants, no inflow of scrap in yards owing to social distancing, and transport restrictions have led to the shutdown of many recycling centers. As of March 2020, non-ferrous scrap processors in China reduced their operating capacity to 40-50% owing to declining orders.

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Non-ferrous Scrap Recycling Market Report Highlights

• Asia Pacific held the highest revenue share of over 45.0% in 2019 owing to increasing investments and initiatives towards generation and processing of non-ferrous scrap in the region
• Automotive is anticipated to witness a CAGR of 2.9%, in terms of revenue, over the forecast period owing to the rise in the number of discarded vehicles every year across the globe
• Copper held the largest revenue share of over 56.0% in 2019 owing to its high price compared to other metals and its increasing demand from construction and consumer goods sectors
• Construction held the largest volume share of 36.0% in 2019 owing to high consumption of non-ferrous metals like aluminum, copper, and zinc in infrastructural developments and high recovery rate of these metals
• Considering the increasing demand for non-ferrous metals, investments in the industry are evident. For instance, in March 2018, Meldgaard opened its facility in Denmark for recycling ash and heavy metal processing.

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Non-ferrous Scrap Recycling Market Segmentation

Grand View Research has segmented the global non-ferrous scrap recycling market report on the basis of sector, metal, and region:

Non-ferrous Scrap Recycling Sector Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Construction
• Automotive
• Consumer goods
• Industrial goods

Non-ferrous Scrap Recycling Metal Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Aluminum
• Copper
• Lead
• Others

Non-ferrous Scrap Recycling Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
• Asia Pacific
  • China
  • Japan
• Central & South America
• Middle East & Africa

List of Key Players of Non-ferrous Scrap Recycling Market

• Sims Metal Management Inc.
• OmniSource Corp.
• TSR Recycling GmbH & Co. KG
• Aurubis
• Kuusakoski
• Hindalco Industries Ltd.
• Matalco Inc.
• SA Recycling 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.

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

 Powered Wheelchair Market Growth & Trends

The global powered wheelchair market size is expected to reach USD 3.21 billion by 2030, registering a CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The primary factors driving the market are the increasing disability rates, a growing aging population, technological advancements, and government initiatives and regulations. According to the Centers for Disease Control and Prevention (CDC), around 27%, 1 in every 4 adults in the United States have some type of disability out of which 12.1% of adults in the United States struggle significantly to walk or climb stairs due to mobility impairment. In the United States, there are an estimated 3.3 million wheelchair users, and this figure is rising annually. Due to the rise in the baby boomer group who has a high need for wheelchairs, the demand for wheelchairs is rising.

Moreover, the rising customization offered by several players is anticipated to boost the market. Wheelchairs are being designed with a greater focus on customization to meet individual needs and preferences. Manufacturers are offering options for adjustable seating, backrests, armrests, and other features, allowing users to have a personalized and comfortable experience.

The COVID-19 outbreak negatively impacted the market in the initial phase of 2020. Due to lockdowns and travel and manufacturing restrictions, the pandemic caused disruptions in the world's supply-chain networks. This has affected the production and distribution of wheelchairs and their components, leading to potential delays in manufacturing and delivery. However, the market recovered soon as there was demand was a surge in demand for healthcare equipment, including wheelchairs, in medical facilities. Hospitals and clinics required additional equipment to manage patients with mobility issues, which contributed to an increased demand for both manual and powered wheelchairs.

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Powered Wheelchair Market Report Highlights

• The marketing the healthcare industry was estimated at USD 2.01 billion in 2023 and is expected to reach USD 3.21 billion in 2030
• The market for powered wheelchairs is expected to expand at a compound annual growth rate of 6.9% from 2024 to 2030 to reach USD 3.21 billion by 2030
• North America dominated the global market in 2023 and accounted for the largest revenue share of 47.8%. This growth is owing to the high target population and increased adoption of advanced wheelchairs
• By category, the adult segment dominated the electric wheelchair industry in terms of revenue share of 86.3% in 2023. Adults comprise individuals from the age group of 18 onwards. Disability in older people due to arthritis pain, or stiffness in a knee, hip, ankle, or foot increases the demand for wheelchairs

Powered Wheelchair Market Segmentation

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Grand View Research has segmented the global powered wheelchair market based on age category, product, portability, end-use, and region:

Powered Wheelchair Age Category Outlook (Revenue, USD Million, 2018 - 2030)

• Adult
• Pediatric

Powered Wheelchair Product Outlook (Revenue, USD Million, 2018 - 2030)

• Front-wheel Drive
• Mid-wheel Drive
• Rear-wheel Drive
• Others

Powered Wheelchair Portability Outlook (Revenue, USD Million, 2018 - 2030)

• Standalone
• Portable

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

• Homecare
• Hospitals
• Ambulatory Surgical Centers
• Rehabilitation Centers

Powered Wheelchair Regional Outlook (Revenue in USD Billion 2018 - 2030)

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

List of Key Players in Powered Wheelchair Market

• Drive Medical Design & Manufacturing
• Invacare
• Sunrise Medical LLC
• Karman Healthcare
• Quantum Rehab
• Numotion
• Pride Mobility Products Corp.
• Ostrich Mobility
• MEYRA
• Jinmed

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.

Rubber Processing Chemicals Market to Partake Significant Development During 2024 to 2030: Grand View Research Inc.

 Rubber Processing Chemicals Market Growth & Trends

The global rubber processing chemicals market size is anticipated to reach USD 8.52 billion by 2030 and is projected to grow at a CAGR of 4.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the growing demand for rubber products worldwide. The increasing production of vehicles and the rising trend of electric and autonomous vehicles is driving the demand for innovative components with improved performance. In addition, the construction industry's demand for rubber-based materials for roofing membranes and sealants is also contributing to market growth.

Technological advancements have significantly influenced the market, improving efficiency, product quality, and sustainability. The development of advanced mixing and extrusion technology has enabled manufacturers to produce compounds with improved properties and reduced processing times. Another technological trend in the market is adoption of sustainable and environmentally friendly practices. Environmental concerns and regulatory policies have pushed the industry to develop and implement greener solutions. For example, usage of bio-based compounds from renewable sources has gained ground. These compounds provide similar performance characteristics to traditional compounds while reducing dependence on petroleum-based raw materials.

Rubber processing generates large amounts of wastewater, which leads to serious health problems if left untreated. In addition, manufacturing processes, such as extrusion and die casting, lead to excess fatalities from hematopoietic, stomach, bladder, lung, and other cancers. As a result, some regulatory agencies, such as the New Source Performance Standards (NSPS) and Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH), have strict regulations for using and handling chemicals and wastewater treatment from processing factories. Growing health and environmental concerns have led to the use of alternatives such as reinforced natural fibers made from processed vegetable oil plants and cellulose. For example, Japan's Yokohama Tire Corporation uses oil derived from modified natural rubber and orange peel to produce tires. These eco tires also have better grip when braking and cornering.

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Rubber Processing Chemicals Market Report Highlights

• Anti-degradants dominated the product segment with a 50.03% revenue share in 2023 owing to their increasing use in improving performance, heat resistance, and tensile strength of products across end-user industries
• The non-tire application segment is expected to grow at the fastest CAGR over the forecast period due to the diversification of applications around the globe
• Asia Pacific dominated the market owing to factors such as the presence of abundant raw materials as well as growth of end-user industries such as construction and automobiles in the region
• In January 2022, Sumitomo Rubber Industries announced a USD 128 million expansion of its tire manufacturing facility in Sheridan Drive from its current expanse of 55,000 square feet

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Rubber Processing Chemicals Market Segmentation

Grand View Research has segmented the global rubber processing chemicals market based on product, application, and region:

Rubber Processing Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Anti-degradants
• Accelerators
• Flame Retardants
• Processing Aid/ Promoters
• Others

Rubber Processing Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Tire
• Non-Tire

Rubber Processing Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Rubber Processing Chemicals Market

• Lanxess
• Solvay
• Akzo Nobel N.V.
• BASF SE
• Arkema
• Eastman chemical company
• T. Vanderbilt Holding Company, Inc.
• Behn Meyer
• KUMHO PETROCHEMICAL
• Paul & Company
• China Petrochemical Corporation
• Merchem 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.

Self-leveling Concrete Market Significant Profits Estimated to be Generated by 2030: Grand View Research Inc.

 Self-leveling Concrete Market Growth & Trends

The global self-leveling concrete market size is anticipated to reach USD 6.83 million by 2030, expanding at a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for leveling compounds is increasing on account of the benefits such as ease of installation, lower cost, and labor & time savings. Self-leveling concrete settles down faster and provides a pleasant aesthetic look with the evenness of the floor. It is also durable and crack-resistant. Other factors such as rapid industrialization and the growing residential & commercial construction industries, are expected to drive the overall growth.

The growing construction along with the government subsidies for the renovation and redevelopment of floor surfaces and anticipated to boost the market’s growth. For instance, under the HUD home improvement loan programs, the U.S. government provides financial assistance for home improvements at the state level. This, in turn, increases the spending capacity and eventually leads to the rise in home renovations. Besides, most manufacturers are also increasingly investing in research & development (R&D) for the development of various additives and cements where the settling is done with less or no human intervention. DIY trend further supports the demand in the market due to lower labor requirements for flooring preparation compared to conventional methods.

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Self-leveling Concrete Market Report Highlights

• Underlayment systems dominated the system type segment with more than 71% of the revenue share in 2023, owing to prominent application for sub-floor preparation for residential and commercial building construction. Most underlayment systems can improve the adhesion of self-leveling concrete to the substrate, thereby minimizing the risk of failure and delamination. These systems often achieve the desired results with a thinner level of concrete, which eventually saves time and material. These factors will drive the overall growth of the segment
• The overlay system segment is expected to grow at a steady CAGR from 2024 to 2030. Using an overlay system takes worn-looking concrete and restores it with an aesthetic look with a finished surface level
• Based on end-use, the commercial segment held the largest market share of around 65% in 2023. Commercial projects, including hotels, office buildings, and retail spaces, require large, smooth floor spaces. Implementing self-leveling concrete on account of its ability to achieve a level finish and ease of application is expected to fuel the demand throughout the forecast period
• Factors such as the increasing renovations and growing awareness regarding self-leveling compounds among architects, builders, and contractors are expected to drive the demand for the self-leveling concrete during the forecast period
• Asia Pacific dominated the market for self-leveling concrete in 2023, owing to factors such as rising disposable income and rapid urbanization & industrialization. The increase in construction activities is another primary growth driver. This region is expected to continue witnessing a significant growth rate during the forecast period
• In September 2023, Ardex launched a binder, Ardex K34, which will make the concrete lightweight, provide extended coverage, and settle faster as compared to conventional concrete systems

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Self-leveling Concrete Market Segmentation

Grand View Research has segmented the global self-leveling concrete market based on system type, end-use, and region:

Self-leveling Concrete System Type Outlook (Revenue, USD Million, 2018 - 2030)

• Underlayment System
• Overlay System

Self-leveling Concrete End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial
• Industrial

Self-leveling Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of key Players in the Self-leveling Concrete Market

• Sika AG
• USG Corporation
• Duraamen Engineered Products, Inc.
• Durabond Products Limited
• Larsen Building Products
• TCC Materials
• MYK Shomburg
• Harricrete Ltd
• Koster Bauchemie AG
• Laticrete International, Inc.
• CTS Cement
• Dayton Superior Corporation
• R. Meadows, 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.

Global Non-fungible Token Market Will Be Worth $211.7 Billion by 2030: Grand View Research Inc.

 Non-fungible Token Market Growth & Trends

The global non-fungible token market size is anticipated to reach USD 211.7 billion by 2030, registering a CAGR of 34.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand for digital art worldwide is one of the major factors driving market growth. Digital art is defined as the art that is displayed or created using digital technologies. The growing use of cryptocurrency globally is also anticipated to drive market growth. This is because people use cryptocurrency to purchase digital assets. According to CoinMarketCap, as of February 2022, the total global capitalization of cryptocurrency is USD 1.76 trillion, making it equivalent to the world’s 8th largest economy. The market growth of non-fungible token (NFT) companies is further supported by the substantial funding they have raised.

In August 2022, during a community event broadcast live, Collective Proof, a non-fungible token, announced that it had successfully raised USD 50 million in a Series A funding round. The funding round, led by a16z, saw the participation of several prominent investors, including Seven Seven Six, Collab+Currency, True Ventures, Flamingo DAO, SV Angel, and VaynerFund. This substantial investment comes as Proof prepares to launch its upcoming NFT collection, further solidifying its position in the NFT market. The COVID-19 pandemic had a positive impact on this market. The restrictions imposed during the pandemic confined people at home and limited their sources of income. As a result, NFT-based gaming platforms, such as Axie Game, gained popularity as they helped people earn amid the pandemic.

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Non-fungible Token Market Report Highlights

• The digital asset type segment dominated the market in 2023. The rising demand for art NFTs stems from their capability to allow artists to monitor all transactions related to their work. This transaction-tracking feature facilitates artists in accessing continuous royalty payments for each transaction involving their digital art
• The collectibles application segment dominated the market in 2023. Collectibles have a broad appeal and nostalgic value for many individuals. The concept of owning unique digital items, such as virtual trading cards, digital artwork, or virtual pets, resonates with collectors and enthusiasts who value the rarity and exclusivity of these items
• The commercial end-use segment is expected to experience the fastest CAGR from 2024 to 2030. The demand for NFTs is growing among businesses to enable improved transactions across a range of application areas
• North America accounted for a dominant revenue share in 2023. The growing use of cryptocurrencyacross North American countries, such as the U.S. and Canada, is expected to create new opportunities for market growth in this region
• In December 2023, Fédération Internationale de Football Association (FIFA) announced its collaboration with Modex, a blockchain database provider to launch a limited NFT collection series with real-world utility ahead of the 2023 Club World Cup
• According to FIFA, the new NFT collection will allow fans an opportunity to own a piece of footballing history from the competition. Such initiatives are increasing the product adoption

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Non-fungible Token Market Segmentation

Grand View Research has segmented the global non-fungible token market on the basis of type, application, end-use, and region:

Non-fungible Token Type Outlook (Revenue, USD Million, 2018 - 2030)

• Physical Asset
• Digital Asset

Non-fungible Token Application Outlook (Revenue, USD Million, 2018 - 2030)

• Collectibles
  • Video Clip
  • Audio Clip
  • Gamification
  • Others
• Art
  • Pixel Art
  • Fractal/Algorithmic Art
  • Computer Generated Painting
  • 2D/3D Painting
  • 2D/3D Computer Graphics
  • GIFs
  • Others
• Gaming
  • Trading Card Game (TCG)
  • Video Game
  • Strategy Role Playing Game (RPG)
  • Others
• Utilities
  • Tickets
  • Domain Names
  • Assets Ownership
• Metaverse
• Sports
• Others

Non-fungible Token End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Personal
• Commercial

Non-fungible Token Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Market Players in Non-fungible Token Market

• YellowHeart, LLC
• PLBY Group, Inc
• Cloudflare, Inc.
• Dolphin Entertainment, Inc
• Takung Art Co., Ltd
• Funko, Ozone Networks, Inc.
• Dapper Labs, Inc
• Onchain Labs, Inc.
• Gemini Trust Company, 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.

Skin Boosters Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 Skin Boosters Market Growth & Trends

The global skin boosters market size is expected to reach USD 1.96 billion by 2030, expanding at a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Under this procedure wherein microinjections of biocompatible compounds like hyaluronic acid, vitamins, minerals, and anti-oxidants, etc. that are naturally produced by the body are injected into the epidermis or mesoderm. Also, this simply helps aid in the hydration process, which is fundamental for a youthful glow.

Unlike dermal fillers, skin boosters are not for wrinkle reduction or augmentation, their role is to primarily hydrate the skin and promote the formation of new collagen and elastin to give the skin a firmer appearance. Factors like rising technological advancement in aesthetics, rising disposable income, increasing aesthetic consciousness, and the increasing geriatric population in the search for a natural glow are propelling the market growth. According to Galderma, over five million treatments of Restylane Skinboosters have been performed to date.

The demand is expected to propel significantly due to the fact that it provides a natural glow without distorting facial features or making them appear out of proportion. Growing social media influence, high consciousness towards aesthetic appearance, and its association with self-confidence and self-image by an individual are some of the reasons for market growth.

In the light of COVID-19, the market was hampered as the footfall of patient appointments for surgical treatments was temporarily suspended. However, since the government in many countries has allowed resuming elective aesthetic procedures the demand has been on the rise. Moreover, according to the BBC network, inquiries and appointments for many surgical and non-surgical cosmetic treatments have seen a surge following the pandemic and are thus expected to propel market growth.

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Skin Boosters Market Report Highlights

• By type, the Mesotherapy procedure held the largest market share in 2023 as the procedure has minimal downtime and the booster can be inserted deeper for effective skin rejuvenation
• Based on gender, the female segment held the highest market share in 2023, women are more willing to undergo cosmetic treatment.
• Medspa market held the highest market share in 2023. This is due to the fact that Medspa provides aesthetic treatments under the supervision of a licensed medical practitioner
• North America leads the Skin Boosters market with the highest revenue share in 2023 as the region has a high awareness of such procedures and there is high availability of aesthetic professionals.

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

Skin Boosters Market Segmentation

Grand View Research has segmented the global skin boosters market based on type, gender, end-use, and region:

Skin Boosters Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Mesotherapy
• Micro-needle  

Skin Boosters Gender Outlook (Revenue, USD Billion, 2018 - 2030)

• Female
• Male

Skin Boosters End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Medspas
• Dermatology Clinics

Skin Boosters Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List Of Key Players in the Skin Boosters Market

• Bloomage Biotech Co., Ltd.
• Medytox, Inc.
• AbbVie Inc.
• Merz Pharma
• Galderma
• Teoxane
• IBSA Farmaceutici Italia Srl
• PharmaResearch Co., 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.