Plant-based Meat Market Poised to Expand at a Robust Pace of $24.80 Billion Over 2030: Grand View Research Inc.

 Plant-based Meat Market Growth & Trends

The global plant-based meat market size is expected to reach USD 24.80 billion by 2030, expanding at 24.9% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.Growing adoption of vegan lifestyle and diet among health-conscious consumers in traditionally meat-eating developed economies are expected to drive the market growth over the forecast period.

The growing concern of consumers regarding animal welfare and greenhouse gas emission created by the distinguished practices of the meat industry, together with celebrity endorsements of vegan/vegetarian diets are projected to augment the demand for plant-based meat products in the global market.

The plant based meat is predominantly consumed in the Hotel/Restaurant/Café (HORECA) sector. Key companies in the industry are collaborating with fast-food joints and restaurant chains to promote the adoption of their products. For instance, fast-food joints such as Burger King, MacDonald’s, and Subway are launching new vegan meat products to capitalize on the industry dominated by health-conscious customers.

The plant based burgers are likely to exhibit steady growth over the upcoming years on account of rising consumer concerns regarding conventional meat products in the wake of the coronavirus pandemic. The plant-based burgers are known to offer low-gluten and low-fat contents, which makes them a highly favored product amongst health-conscious individuals.

Request a free sample copy or view report summary: Plant-based Meat Market Report

Plant-based Meat Market Report Highlights

• The plant-based sausage segment is projected to ascend at a CAGR of 26.8% over the forecast period. Shifting consumer inclination towards plant-based diets and rising consumption of sausages via retail channels on account of taste, texture, and convenience are anticipated to spur product demand across the globe
• Soy-based product segment accounted for more than 48.55% of the revenue share in the market in 2022, owing to its protein-rich content and widespread popularity
• The rising trend of a vegan diet in European countries has pushed the demand for plant-based meat products in the region. The U.K., known for a variety of fresh and high-quality meat delicacies is now home to the largest vegan population in the world
• In June 2020, Starbucks, in collaboration with Impossible Foods Inc., introduced the Impossible Breakfast Sandwich to its menu in most of its locations in the U.S. The sandwich is made withplant-based sausage and was launched as part of the Starbuck sustainability initiative to meet the rising consumer interest in the plant-based options

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

Plant-based Meat Market Segmentation

Grand View Research has segmented the global plant based meat market based on source, product, type, end-user, storage, and region.

Plant-based Meat Source Outlook (Revenue, USD Million, 2017 - 2030)

• Soy
• Pea
• Wheat
• Others

Plant-based Meat Product Outlook (Revenue, USD Million, 2017 - 2030)

• Burgers
• Sausages
• Patties
• Nuggets, Tenders & Cutlets
• Grounds
• Others

Plant-based Meat Type Outlook (Revenue, USD Million, 2017 - 2030)

• Chicken
• Pork
• Beef
• Fish
• Others

Plant-based Meat End-User Outlook (Revenue, USD Million, 2017 - 2030)

• Retail
• HORECA

Plant-based Meat Storage Outlook (Revenue, USD Million, 2017 - 2030)

• Refrigerated
• Frozen
• Shelf-stable

Plant-based Meat Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • The Netherlands
• Asia Pacific
  • China
  • Japan
  • Australia & New Zealand
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE

List of Key Players in the Plant-based Meat Market

• Beyond Meat
• Impossible Foods Inc.
• Maple Leaf Foods (Field Roast & Maple Leaf)
• Vegetarian Butcher
• Conagra, Inc. (Gardein Protein International)
• Kellogg NA Co. (MorningStar Farms)
• Quorn
• Amy's Kitchen, Inc.
• Tofurky
• Gold&Green Foods Ltd.
• Sunfed
• VBites Foods Limited
• Kraft Foods, Inc.
• Lightlife Foods, Inc
• Trader Joe's
• Yves Veggie Cuisine (The Hain-Celestial Canada, ULC)
• Marlow Foods Ltd. (Cauldron)
• Ojah B.V.
• Moving Mountains
• Eat JUST Inc.
• LikeMeat GmbH
• Gooddot
• OmniFoods
• No Evil Foods
• PRAEGER'S SENSIBLE FOODS

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.

Electric Bus Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Electric Bus Market Growth & Trends

The global electric bus market size is expected to reach USD 121.99 billion by 2030, expanding at a CAGR of 20.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising demand from private transit agencies, city planners, and private institutions for alternatives to conventional buses andincrease in production of cost-effective batteries are main factors driving the growth. Additionally, increasing developments in the deployment of fast-charging infrastructures are further contributing to the adoption of electric buses in the global market.  

Increased government support for electrifying public transportation will further propel the market growth. For instance, in March 2023, the Government of Canada announced an investment of USD 150,000 to conduct a feasibility study for electric buses and build a fleet transition plan for the city of Belleville. Furthermore, this initiative is expected to assess the city’s ability to transition to zero-emission buses. Several companies such as BYD, and AB Volvo have managed to penetrate the European market by providing electric buses in bulk quantity. For instance, in 2021, BYD secured the largest order from Europe for supplying 246 electric buses to the Netherlands.

Moreover,enacting stringent environmental and government emission standards will unleash the potential for the expansion of the electric bus industry. Several government entities have introduced innovative pollution reduction programs with incentives to encourage the use of electric buses for public transportation. In addition, customers are increasingly adopting alternative and innovative energy vehicles as a result of the global transportation sectors coupled with dwindling crude oil prices.

Rising investment by the government to boost the battery charging infrastructure is expected to fuel the electric bus industry. For instance, in February 2023, the U.S. government will be investing USD 7.5 billion for the development of the battery charging infrastructure and achieve the goal of installing about 500,000 chargers nationwide by 2030.

Asia Pacific region dominated the electric bus industry in 2022. China is the market leader both locally and internationally. China is renowned for having an enormous fleet of electric buses and taking major strides to achieve the goal of 20 million electric buses on roads by 2030. The Chinese government has established public transit zones for the usage of these vehicles. The region employs more battery-powered buses as a result of government initiatives. Additionally, the market's expansion in this area is being fueled by the presence of bus manufacturing giants and the rapid expansion of battery charging infrastructure is further fueling the growth of the market in this region.

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

Electric Bus Market Report Highlight

• The electric bus industry is expected to exceed 265 units by 2030 and witness high pace growth during the forecast period
• Government investments to boost existing battery charging infrastructure is expected to encourage potential bus purchasers to adopt battery-powered electric bus over the diesel buses in the market
• Government-provided incentives, subsidiaries, and rebates to replace the existing bus fleet with the electric bus are expected to propel the growth of the electric bus industry
• Rising demand for emission-free public transportation is expected to drive the electric bus industry growth during the forecast period
• Growing concern for cost and fuel-effective commuting has fostered the growth of the electric bus industry
• The electric bus manufacturers’ focus to develop technologically advanced buses is expected to drive electric bus industry growth during the forecast period 2023 to 2030.

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

Electric Bus Market Segmentation

Grand View Research has segmented the global electric bus market based on vehicle type, battery type, application, end-use, and region:

Electric Bus Vehicle Outlook (Volume, Units; Revenue, USD Million, 2018 - 2030)

• Battery Electric Vehicle
• Plug-in Hybrid Electric Vehicle
• Fuel Cell Electric Vehicle

Electric Bus Battery Outlook (Volume, Units; Revenue, USD Million, 2018 - 2030)

• Lithium Nickel Manganese Cobalt Oxide
• Lithium Iron Phosphate

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

• Intercity
• Intracity

Electric Bus End-use Outlook (Volume, Units; Revenue, USD Million, 2018 - 2030)

• Public
• Private

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

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Chile
• Middle East and Africa

List of Key Players of Electric Bus Market

• BYD Company Limited
• AB Volvo
• Proterra
• Man Se
• Nissan Motor Corporation
• Ashok Leyland Limited
• Diamler Buses
• Zhengzhou Yutong Bus Co., Ltd.
• TATA Motors Limited
• Hyundai Motor 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.

U.S. Medical Device Manufacturers Market Poised to Expand at a Robust Pace of $360.1 Billion Over 2030: Grand View Research Inc.

U.S. Medical Device Manufacturers Market Growth & Trends

The U.S. medical device manufacturers market size is expected to reach USD 360.1 billion by 2030 and is projected to expand at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. The regional market is significantly driven by the high healthcare expenditure of the country. The increasing geriatric population coupled with the rising prevalence of chronic diseases is also expected to augment the market growth over the forecast period.

The COVID-19 pandemic triggered a drastic rise in demand for medical consumables and patient aids, such as gloves, syringes, masks, PPE kits, infrared thermometers, pulse oximeter, testing kits, etc. This resulted in an immense opportunity for the existing players as well as new entrants. However, the pandemic also resulted in a massive reduction in elective procedures, such as bariatric surgeries, joint replacement surgeries, cosmetic surgeries, etc., thus restricting the growth of medical devices used in the aforementioned procedures. The market recovery can be expected from mid-2021 onwards with favorable government initiatives to re-launch elective procedures.

Growing investments in medical device R&D along with the high adoption rate of advanced technology in the U.S., create the perfect business environment for medical device manufacturers in the country, providing them with lucrative opportunities to accelerate their business operations. Increasing adoption of minimally invasive surgeries in the country is also driving the market. In addition, rising cases of accidental injuries coupled with diseases caused due to sedentary lifestyle will propel the market growth over the forecast period.

The U.S. has favorable reimbursement policies such as the U.S. Medicare system. Boston Scientific Corp., in association with the Centers for Medicare and Medicaid Services (CMS), offers reimbursement for all devices that fall under Ambulatory Payment Classifications (APCs), covered under C-codes. These favorable reimbursement structures are expected to fuel market growth; however, the ever-evolving nature of regulations may lead to abrupt amends, which may significantly impact the market.

Request a free sample copy or view report summary: U.S. Medical Device Manufacturers Market Report

U.S. Medical Device Manufacturers Market Report Highlights

• Drug delivery devices held a dominant market share of 28.2% in 2023. Factors responsible for the estimated share include patient convenience and compliance, rising prevalence of chronic diseases, technological advancements to improve disease management, and increasing geriatric population.
• In March 2023, a team of scientists at Northwestern University, U.S., developed a novel drug-delivery technology that is expected to have implications for the opioid epidemic and cancer treatment and to improve rehabilitation care.
• The growing strategic initiative by industry leaders is also driving market growth
• In 2023, Medtronic and DaVita Inc. announced the launch of a new company, Mozarc Medical. The company aims to create solutions for kidney health.
• Furthermore, in 2023, GE HealthCare signed a USD 44 million contract with the Biomedical Advanced Research and Development Authority. Within this contract, GE is expected to provide diagnostic and imaging solutions to treat traumatic injuries.

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

U.S. Medical Device Manufacturers Market Segmentation

Grand View Research has segmented the U.S. medical device manufacturers market on the basis of type:

U.S. Medical Device Manufacturers Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Orthopedic Devices
• Cardiovascular Devices
• Neurology Devices
• Drug Delivery Devices
• Ophthalmic Devices
• Nephrology & Urology Devices
• Others

List of Key Players in U.S. Medical Device Manufacturers Market

• Stryker
• Cardinal Health
• Eli Lily and Company
• Intuitive Surgical
• Edwards Lifesciences Corporation
• BD
• Danaher
• 3M
• Abbott
• Baxter
• Braun SE
• GE Healthcare
• Johnson & Johnson Services, Inc.
• Medtronic
• Boston Scientific 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.

Biopharmaceutical Third Party Logistics Market With Rising Demand Analysis And Forecast 2030: Grand View Research Inc.

Biopharmaceutical 3PL Market Growth & Trends

The global biopharmaceutical third-party logistics (3PL) market size is expected to reach USD 198.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2023 to 2030. Increasing demand for temperature-controlled logistic services to transport biologics in various regions and growing distribution networks of biopharmaceutical companies to improve their sales are factors driving the market growth. The rising adoption of automated storage and retrieval systems in emerging countries is an ongoing trend among pharmaceutical logistics companies that has gained significant traction.

Furthermore, the trend of shifting from small-molecule drugs to biopharmaceuticals, mainly vaccines and biologics, is projected to drive the market. Since, these small molecule drugs are temperature-sensitive products, demand for temperature-controlled transportation and storage increases and thus, is responsible for the market growth. Technological advancements are among the main factors drivingmarket growth. Technologies, such as mobile cloud solutions, warehouse robotics, and data mining, have changed the overall 3PL space. With the help of these advanced technologies, 3PL companies can maintain the required temperatures for products during transportation.

This will help in reducing complexities in products and human errors. Most biopharmaceutical products are very temperature-sensitive and hence should be stored at the required temperatures. These products require a tracking device for monitoring until delivery. For instance, in May 2023, Tridentify launched a real-time cold chain monitoring system with an innovative feature for continuously tracking the stability and remaining shelf life of products transported in the cold chain. It offers a thorough view of the stability and remaining shelf-life of pharmaceutical products in real-time, which will revolutionize the way companies monitor their operations and manage their stability budgets.

In addition, environmental concerns and costs have caused a slight shift in the means of transport used for commercial products, moving from airway to seaway shipping and in roadways from truck to intermodal (both rail and truck) transport. Intermodal transport is majorly used by these pharmaceutical companies to reduce their carbon footprint. The ongoing trend shows that pharmaceutical manufacturers have shifted to sea freight to reduce the cost and risk factors. Although for cold chain products, the companies still prefer air freight. However, some of the large pharmaceutical companies are planning to transport 70% of their products via ocean freight including cold chain products.

Request a free sample copy or view report summary: Biopharmaceutical Third-party Logistics Market Report

Biopharmaceutical 3PL Market Report Highlights

• In 2022, the non-cold chain logistics segment held the largest share of 79.7% in terms of revenue owing to the sales of a large number of drugs that do not require any temperature control
• The cold chain logistics segment is expected to register a CAGR of 8.8% over the forecast period owing to the demand for biologics, such as cellular therapies, vaccines, and test kits
• The warehousing and storage segment held the largest share of 43.3% in 2022. The transportation segment also held a significant revenue share in 2022 due to the lack of internal capabilities of companies
• North America held the largest revenue share of over 42% in 2022 owing to the rise in imports and exports for biopharmaceutical in the country
• Asia Pacific is expected to register the fastest CAGR of 7.4% over the forecast period owing to the adoption of medicines from the aging population and the shift of drug sales from brand manufacturers to generic
• The key players are undertaking several strategic initiatives to strengthen their market presence. For instance, in February 2021, Kuehne+Nagel entered into a partnership with China’s largest non-state-owned pharma distribution company, Jointown, to enhance its footprint in healthcare & pharmaceutical logistics in China

Access Press Release@ https://www.grandviewresearch.com/press-release/global-biopharmaceutical-third-party-logistics-3pl-market

Biopharmaceutical 3PL Market Segmentation

Grand View Research has segmented the global biopharmaceutical 3PL market based on supply chain, service type, and region:

Biopharmaceutical Third-party Logistics (3PL) Supply Chain Outlook (Revenue, USD Billion, 2018 - 2030)

• Cold Chain
• Non-cold Chain

Biopharmaceutical Third-party Logistics (3PL) Service Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Transportation
  • Air Freight
  • Sea Freight
  • Overland
• Warehousing & Storage
• Others Services

Biopharmaceutical Third-party Logistics (3PL) Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of Biopharmaceutical Third-party Logistics (3PL) Market

• DHL International GmbH
• SF Express
• United Parcel Service of America, Inc.
• AmerisourceBergen Corp.
• DB Schenker
• Kuehne and Nagel
• Kerry Logistics Network Ltd.
• Agility

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.

Protein Supplements Market to See Massive Growth by 2030

 Protein Supplements Market Growth & Trends

The global protein supplements market size is expected to reach USD 10.8 billion by 2030, growing at a CAGR of 8.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing steady growth driven by several factors including shifting dietary preferences toward plant-based foods coupled with rising consumer awareness toward nutritional supplements.

Consumers are becoming increasingly health-conscious as well as there is growing awareness of the potential health benefits associated with a plant-based diet. This trend has led to an increased demand for plant-based protein supplements, which are considered a healthier and more sustainable alternative to traditional animal-based protein sources.

One of the main advantages of plant-based protein supplements is that they tend to be lower in saturated fat and higher in fiber than animal-based protein sources. They are also easier to digest, making them a popular choice for individuals with digestive issues or food sensitivities.

In addition to the health benefits, plant-based protein supplements are seen as a more environmentally sustainable option than animal-based sources. The environment is impacted significantly by animal agriculture, including greenhouse gas emissions and water usage. By choosing plant-based protein supplements, consumers can reduce their environmental footprint and contribute to a more sustainable food system.

The rise of veganism and vegetarianism has also contributed to the increasing preference for plant-based protein supplements. As more consumers adopt these lifestyles, there is a growing demand for high-quality, plant-based protein sources that can help individuals meet their nutritional needs.

Furthermore, the emergence of online platforms and e-commerce websites has made it convenient for consumers to purchase protein supplements, which has further contributed to the growth of the market. Consumers can now easily compare prices, read product reviews, and purchase supplements from the comfort of their own homes.

Recognizing the immense growth potential of protein supplements for sports and nutrition, the market players are engaging in various strategies to leverage this demand. For instance, in October 2022, The Vitamin Shoppe joined forces with Warner Bros. Consumer Products to introduce DC flavors by BodyTech. This range of pre-workout, protein, creatine, and other premium supplement products is inspired by the iconic superheroes and super-villains of the DC Universe, offering customers a new and exciting way to incorporate their favorite characters into their fitness routine. The Wonder Woman Sherbet Whey Protein Isolate, for instance, has high concentrations of BCAAs, is low in lactose, and contains fast-absorbing, high-quality protein.

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

Protein Supplements Market Report Highlights

• Based on source, animal-based protein supplements held the largest market share of 61.1% in 2022. It has a higher protein concentration and is, therefore, preferred for manufacturing supplements
• The protein powder segment emerged as the largest product segment with the highest revenue share of 56.1% in 2022. Plant-based protein powders are also gaining popularity, driven by the increasing number of consumers opting for vegan or vegetarian diets
• Based on region, the Asia Pacific region is anticipated to witness a significant CAGR of 8.8% over the forecast period owing to rising awareness among consumers regarding the important role of gut health in overall wellness
• Some of the major market players include Glanbia Plc; MusclePharm; Abbott; CytoSport Inc.; QuestNutrition LLC; Iovate Health Sciences International Inc.; The Bountiful Company; AMCO Proteins; and Now Foods

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

Protein Supplements Market Segmentation

Grand View Research has segmented the global protein supplements market based on source, product, application, distribution channel, and region:

Protein SupplementsSource Outlook (Revenue, USD Million, 2017 - 2030)

• Animal-based Protein Supplements
  • Whey
  • Casein
  • Egg
  • Fish
  • Others
• Plant-based Protein Supplements
  • Soy
  • Spirulina
  • Pumpkin Seeds
  • Wheat
  • Hemp
  • Rice
  • Pea
  • Others

Protein SupplementsProduct Outlook (Revenue, USD Million, 2017 - 2030)

• Protein Powders
• Protein Bars
• RTD
• Others

Protein SupplementsApplication Outlook (Revenue, USD Million; 2017 - 2030)

• Sports Nutrition
• Functional Foods

Protein SupplementsDistribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Supermarkets
• Online
• DTC
• Others

Protein SupplementsRegional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Protein Supplements Market

• Glanbia Plc
• MusclePharm
• Abbott
• CytoSport Inc.
• QuestNutrition LLC
• Iovate Health Sciences International Inc
• The Bountiful Company
• AMCO Proteins
• Now Foods
• Transparent Labs
• WOODBOLT DISTRIBUTION LLC
• Dymatize Enterprises LLC
• BPI Sports
• Jym-Supplement-Science
• RSP Nutrition
• International Dehydrated Foods, Inc
• BRF
• Rousselot
• Gelita AG
• Hoogwegt

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.

Robo Advisory Market Forecast 2030: Top Companies, Trends and Growth Factors Details for Business Development

Robo Advisory Market Growth & Trends

The global robo advisory market size is anticipated to reach USD 41.83 billion by 2030, registering a CAGR of 30.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing use of smartphones coupled with the increased applications of chatbots on various investment and e-commerce platforms worldwide is anticipated to drive the demand for robo advisory during the projected period. In addition, the increasing awareness of digital investment consultation services is expected to drive market growth during the forecast period.

Robo-advisory includes algorithm and automated driven financial planning with little human involvement. Additionally, through an online survey, the robo-advisor gathers financial information from clients, such as their current financial position and future financial goals. Furthermore, using this information, robo advisors offer clients certain benefits such as quick account setup, portfolio management, and security features. Such factors are anticipated to drive the market in the near future.

Players in the robo advisory market are actively prioritizing technological advancements and forming strategic partnerships to broaden their product range, aiming to enhance the automated investment experience for their customers. Major market participants are securing funding to elevate their automated financial advisory services and improve overall customer experience. In September 2021, Betterment LLC secured USD 160 million in funding, propelling the company's market valuation beyond USD 1.3 billion. Such initiatives are driving the growth of the robo advisory market.

The pandemic has contributed positively to the market growth, thereby driving the demand for robo advisors in the near future. Several businesses have reported increased digital consulting activity in the first quarter of 2020. For instance, in April 2021, Betterment reported an increase in account openings by over 25% due to the COVID-19 pandemic These factors are expected to fuel the market growth during the forecast period.

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

Robo Advisory Market Report Highlights

• Based on type, the hybrid robo advisors segment dominated the market in 2023. The growth of the segment is attributed to the rising demand for hybrid robo advisors from investors seeking low fees and user-friendly interfaces, alongside personalized advice and guidance typically provided by human advisors
• Based on provider, the fintech robo advisor dominated the market in 2023 and is expected to grow at a significant CAGR during the forecast period. The growing demand for fintech robo advisors owing to its benefits such as tax harvesting, auto rebalancing, estate planning, retirement planning, and simplified insurance processing, among others is attributed to the segment’s growth
• Based on service type, the direct plan-based/goal- based segment dominated the market in 2023. The continuous innovations undertaken by market players to offer direct plan-based/goal-based robo advisors are driving the growth of the segment
• Based on end-use, the high net worth individuals segment dominated the market in 2023. Robo advisory platforms provide financial advice to high-net-worth individuals who are seeking to gain maximum returns at lower processing fees

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

Robo Advisory Market Segmentation

Grand View Research has segmented the robo advisory market based on type, provider, service type, end-use, and region:

Robo Advisory Type Outlook (Revenue, USD Million, 2017 - 2030)

• Pure Robo Advisors
• Hybrid Robo Advisors

Robo Advisory Provider Outlook (Revenue, USD Million, 2017 - 2030)

• Fintech Robo Advisors
• Banks
• Traditional Wealth Managers
• Others

Robo Advisory Service Type Outlook (Revenue, USD Million, 2017 - 2030)

• Direct Plan-based/Goal-based
• Comprehensive Wealth Advisory

Robo Advisory End User Outlook (Revenue, USD Million, 2017 - 2030)

• Retail Investor
• High Net Worth Individuals

Robo Advisory Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Robo Advisory Market

• Betterment LLC
• Fincite Gmbh
• Wealthfront Corporation
• The Vanguard Group, Inc.
• The Charles Schwab Corporation
• Ellevest, Inc.
• Ginmon Vermögensverwaltung GmbH
• Wealthify Limited
• SoFi Technologies, Inc.
• SigFig Wealth Management, 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.

Small Cell 5G Network Market Projected To Be Worth $125.54 Billion By 2030: Grand View Research Inc.

 Small Cell 5G Network Market Growth & Trends

The global small cell 5G network market size is anticipated to reach USD 125.54 billion by 2030 and is projected to grow at a CAGR of 70.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing deployment of 5G small cells across the globe is a major factor behind the market growth. Global mobile operators are increasingly dependent on the installation of small cells to enhance network coverage. In the coming years, operators are anticipated to heavily rely on 5G small cells to augment data network capacity in areas experiencing high levels of traffic congestion.

Furthermore, according to the Telefonaktiebolaget LM Ericsson’s Mobile Data Traffic Outlook report, at the end of 2022, total worldwide mobile data traffic reached 93 EB per month. This global increase in mobile data traffic is owing to three major factors such as a rise in data-intensive content, advancements in device capabilities, and the growth in data consumption driven by ongoing developments in network performance. Thus, the continuous rise in mobile data traffic and surged demand for network capacity expansion is further expected to improve the market growth over the forecast period.

Various companies in the global market are deploying 5G small cells to gain a competitive advantage in the global market. For instance, in September 2023, BLiNQ Networks announced its partnership with EdgeQ to launch their advanced 5G small cell base station under the name, the PCW-400i. PCW-400i by the BLiNQ Networks is the first integrated Wi-Fi & 5G platform developed to enable Industry 4.0 applications economically. Such initiatives are expected to contribute to the market's growth over the forecast period.

Increasing investment in 5G infrastructure across the globe is further driving the market growth. 5G infrastructure providers are vital in deploying network technology requisite for transport applications, including traffic management systems and autonomous vehicles. The 5G infrastructure, including small cells, helps deliver uninterrupted connectivity to driverless vehicles to avoid fatalities and aids local transport authorities to monitor the traffic flow efficiently. Thus, significant investments in deploying 5G devices and equipment across locations such as airports, stadiums, and metro stations given security concerns are further anticipated to boost the market growth over the forecast period.

Request a free sample copy or view report summary: Small Cell 5G Network Market Report

Small Cell 5G Network Market Report Highlights

• Based on component, the hardware segment led the market with the revenue share of 76.8% in 2023. The rising deployment of picocells, femtocells, and microcells across the globe is boosting the segment’s growth
• Based on network model, the non-standalone segment led the market with the revenue share of 82.0% in 2023. The ability of non-standalone small cell networks to easily integrate into existing macrocell sites, and to allow network operators to expand 5G coverage to both rural and urban areas with minimal infrastructure modifications is benefiting the segment’s growth
• Based on network architecture, the virtualized segment held the market with the largest revenue share of 61.56% in 2023. The rising consumer preference for virtualized small cell networks as it provides benefits such as flexible and agile network deployment and management is attributed to the segment’s growth
• Based on deployment mode, the indoor segment led the market with the largest revenue share of 76.0% in 2023. The rapidly growing demand for high-quality and seamless connectivity within indoor environments is boosting the growth of the segment
• Based on frequency type, the sub-6 GHz segment held the market with the largest revenue share of 54.0% in 2023. Increasing use of sub-6 GHz spectrum by network operators to provide 5G services in both urban and rural areas is the major driving factor behind the segment’s growth
• Based on end-use, the commercial segment led the market with the largest revenue share of 42.2% in 2023. The growing adoption of small cell 5G networks in commercial applications such as hospitals, hotels, malls, and stadiums owing to its ability to handle heavy data traffic and communicate with other devices is attributed to the segment growth
• Asia Pacific dominated the market with the revenue share of 34.1% in 2023. The market growth in the region is attributed to several factors, such as the growing development of digital infrastructure, efforts taken by regional governments to implement 5G networks, and the proliferation of smartphones
• In December 2023, Cellnex, and Urban Service Point entered into an agreement to install 5G small cells in newspaper stands, to improve connectivity, particularly in areas with high demand for data consumption and greater population density

Access Press Release@ https://www.grandviewresearch.com/press-release/global-small-cell-5g-network-market

Small Cell 5G Network Market Segmentation

Grand View Research has segmented the global small cell 5G network market based on component, network model, network architecture, deployment mode, frequency type, end-use, and region.

Small Cell 5G Network Component Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

• Hardware
  • Picocell
  • Femtocell
  • Microcell
• Services
  • Consulting
  • Deployment & Integration
  • Training And Support & Maintenance

Small Cell 5G Network Model Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

• Standalone
• Non-standalone

Small Cell 5G Network Architecture Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

• Distributed
• Virtualized

Small Cell 5G Network Deployment Mode Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

• Indoor
• Outdoor

Small Cell 5G Network Frequency Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

• Sub-6 GHz
• mmWave
• Sub-6GHz + mmWave

Small Cell 5G Network End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

• Residential
• Commercial
  • Corporates/ Enterprises
  • Hospitals
  • Hotels & Restaurants
  • Malls/Shops
  • Stadiums
  • Others
• Industrial
  • Smart Manufacturing
  • Energy & Utility
  • Oil & Gas And Mining
• Smart City
• Transportation & Logistics
• Government & Defense
• Others

Small Cell 5G Network Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2030)

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

List of Key Players in the Small Cell 5G Network Market

• Huawei Technologies Co., Ltd.
• Samsung Electronics Co., Ltd.
• Nokia Corporation
• Telefonaktiebolaget LM Ericsson
• ZTE Corporation
• Fujitsu Limited
• CommScope Inc.
• Comba Telecom Systems Holdings Ltd.
• Altiostar
• Airspan Networks
• Ceragon
• Contela
• Corning
• Baicells Technologies

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.

Polyphenylene Sulfide Market To Make Great Impact In The Near Future by 2030: Grand View Research Inc.

 Polyphenylene Sulfide Market Growth & Trends

The global polyphenylene sulfide market size is expected to reach USD 2,767.32 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2022 to 2030. The rising demand for polyphenylene sulfide (PPS) in automotive application is predicted to witness surge on account of its usage in carburetor parts, ignition plates, exhaust gas return valves, and flow control valves for heating systems. Additionally, the rising consumption for the compound in high-temperature applications owing to superior performance and mechanical characteristics is expected to drive demand over the forecast period.

Rising PPS consumption in coatings applications as it imparts excellent electrical properties, chemical resistance and high heat resistance will augment industry demand. Furthermore, high consumption in food processing equipment, non-stick cookware, chemical processing will stimulate industry penetration over the coming years. Increasing funding and R&D activities from government bodies are projected to develop the polyphenylene sulfide (PPS) demand at a significant growth rate over the forecast period.

Additionally, the government initiatives toward a sustainable and clean environment is creating more demand for sustainable automobile products. For instance, in 2019, the Indian Government launched the National Electric Mobility Mission Plan to promote the development and manufacture of reliable, efficient, and affordable xEVs (hybrid and electric vehicles). The growing production of various automotive and electrical components including IC regulator & rectifier, coolant circuit, brakes, fuel pump parts, actuators, motor insulators, and gaskets on account of increasing R&D efforts and initiatives is expected to propel the market growth.

Polyphenylene sulfide finds use in other applications including the aerospace and defense. In the Gulfstream G650 business jet, PPS composites have been used to create the rudders and elevation. They are expected to find usage in airplane manufacturing with the increasing use of composites in the manufacture of airplanes such as the Airbus A380 and Boeing 787 Dreamliner, which consume up to 50% of PPS materials in the primary structure including fuselage and wing. Filter bags are used in coal-fired plants and large coal plant capacities in China, which is expected to be a major market for PPS over the forecast period.

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

Polyphenylene Sulfide Market Report Highlights

• In terms of revenue, the Linear PPS type accounted for a prominent share of the market in 2021 and is further expected to witness prominent growth over the forecast period.
• Automotive applications dominated the market and accounted for more than 34% of the revenue share in 2021. The growing demand for coatings in the electrical & electronics and industrial sectors. is expected to boost the polyphenylene sulfide in coatings applications.
• As of 2021, Asia Pacific accounted for more than 30% of the market share in terms of revenue. The polyphenylene sulfide (PPS) in this region is projected to witness strong growth over the coming years owing to the growing automotive, electronics, and coating industries in developing countries such as China, Japan, and India.
• Major top players are continuously working on developing their manufacturing plants owing to the increased usage of polyphenylene sulfide in the automotive industry. For instance, in June 2022, Toray Industries announced a collaboration with Polyplastics-Evonik Corporation to create an adhesive for bonding polyamide (PA) and polyphenylene sulfide (PPS) resins for multilayer plastic tube (MLT) use in automobile cooling systems and other industrial applications.

Access Press Release@ https://www.grandviewresearch.com/press-release/Global-Polyphenylene-Sulfide-(PPS)-Industry

Polyphenylene Sulfide Market Segmentation

Grand View Research has segmented the global polyphenylene sulfide market based on type, application, and region:

PPS Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Linear PPS
• Cured PPS
• Branched PPS

PPS Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Automotive
• Electrical & Electronics
• Industrial
• Coatings
• Others

PPS Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

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

List of Key Players in Polyphenylene Sulfide Market

• DIC CORPORATION
• Solvay S.A.
• Lion Idemitsu Composites Co., Ltd
• Toray Industries, Inc.
• Tosoh Corporation
• SK chemicals
• Chengdu Letian Plastics Co., Ltd.
• Celanese Corporation
• TEIJIN LIMITED
• SABIC
• Zhejiang NHU Co., Ltd.
• LG Chem
• RTP Company
• Ensinger
• Polyplastics 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.

Automotive Wrap Films Market to Undertake Strapping Growth By 2030

Automotive Wrap Films Market Growth & Trends

The global automotive wrap films market size is anticipated to reach USD 28.89 billion by 2030 and is anticipated to expand at a CAGR of 22.1% during the forecast period, according to a new report by Grand View Research, Inc. The benefits provided by automotive wrap films in the form of preserving vehicle paints, allowing flexibility in color selection, and eliminating the requirement for a complete paint makeover, thus fueling the growth of the automotive wrap films market across the globe.

Furthermore, the surging global demand for low-cost mobile advertising using vehicles wrapped with films is significantly driving the growth of automotive wrap films market. The cost saving offered by automotive wrap films used in passenger cars compared to paints that are applied is expected to boost the demand for the product in the industry. The lifespan of automotive wrap films is longer than low-quality vehicle paints. Moreover, these films result in low maintenance costs for vehicles.

Moreover, the main driver for the growth of automotive wrap films lies with the sponsorships provided by the automotive manufacturers operating in a wide range of industries such as automotive OEMs, consumer goods, electrical & electronics, and various others to racing teams. The rising trend of consumer interest in automotive racing events, Formula 1 events, and various other automotive events are encouraging companies to invest in advertising in these events. The companies are investing in advertising through sponsoring a team or a racer and the company trademark is imprinted on the vehicles using automotive wrap films.

Request a free sample copy or view report summary: Automotive Wrap Films Market Report

Automotive Wrap Films Market Report Highlights

• Passenger cars dominated the application segment with more than 55.0% share in 2023. Passenger cars include vans, pickups, and SUVs with GWVR less than 10,000 lb. These are classified under class 1 and class 2 vehicles. The increased popularity of automotive wrap films and the availability of varied colors and textures have led to fast growth in demand for the personalization of cars
• Advertisements through buses provide significant opportunities for wrap films in developing regions, namely, Asia Pacific, Central & South America, and the Middle East & Africa with large rural population bases as buses have high accessibility to rural areas. Moreover, with increasing infrastructure development requirements for medium-duty vehicles in the region, the market for automotive wrap films is anticipated to grow in the coming years
• North America dominated the Automotive Wrap Films Market. Early modernization of North America coupled with the high adoption rate of new technologies in the region has led to the high demand for car personalization, ultimately leading to the growth of the automotive wrap films market
• In March 2023, Hexis S.A.S announced the acquisition of Stickittome Australia Pty Ltd, a distributor partner of Hexis S.A.S. With this acquisition, the company is expected to strengthen its market position and expand its customer base in the Australian market

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

Automotive Wrap Films Market Segmentation

Grand View Research has segmented the automotive wrap films market based on application and region:

Automotive Wrap Films Application Outlook (Revenue, USD Million; 2018 - 2030)

• Trucks
• Buses
• Passengers Cars

Automotive Wrap Films Region Outlook (Revenue, USD Million; 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Belgium
  • The Netherlands
  • Spain
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • Thailand
  • New Zealand
  • Philippines
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • United Arab Emirates (UAE)
  • South Africa

List of Key Players in the Automotive Wrap Films Market

• AVERY DENNISON CORPORATION
• Arlon Graphics LLC
• 3M
• KPMF
• Fedrigoni S.P.A
• Vvivid Vinyl
• ORAFOL Europe GmbH
• Hexis S.A.S
• uangzhou Carbins Film Co., LTD
• JMR Graphics

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.

Glamping Market to Witness Exponential Growth by 2030: Grand View Research Inc.

Glamping Market Growth & Trends

The global glamping market size is anticipated to reach USD 5.94 billion by 2030, registering a CAGR of 10.9% over the forecast period, according to a new report by Grand View Research, Inc. With continuous modification in service offerings and expansions, the market is expected to witness a prominent acceptance among tourists who prefer to stay closer to home over foreign vacations. Also, staycations are becoming increasingly popular and are expected to continue growing further through Airbnb and various other advertising campaigns supported by the governments across all regions. While de-stressing and relaxation are considered to be the main factors propelling the market growth, the need for a healthy lifestyle along with eco-tourism has created high demand for an active outdoors régime.

This, in turn, will have a positive impact on the market over the forecast period. Most consumers prefer spending a huge sum of money on immersive experiences as opposed to material possessions. Ethical awareness as well as rising demand for greater ethical conscientiousness from brands is expected to fuel industry growth from 2022 to 2030. Millennials nowadays seek adventurous, personal as well as local experiences wherever they go and are also willing to pay to get that emotionally evocative understanding, thus high target population is expected to have a positive impact on the market over the forecast period. In addition, another trend observed in the market is that in the past, staycations were only employed for celebratory purposes.

However, over the past few years, families, groups of individuals, etc. need to pamper themselves on their days off from work. Another reason for the increase in staycations is that people today prefer nearby getaways for long weekends, which is why consumers prefer holidaying within city limits. Moreover, the growing inclination of young consumers towards prioritizing their travel experiences over materialistic possessions, particularly among millennials, has made glamping a trending camping option. Millennials and Gen X constitute a driving force for the market. According to the KOA report, leisure traveler participation in glamping by generations comprised 48% of millennials and 28% of Gen X in North America in 2019.

Although the impact of COVID-19 on disposable income over the forecast period is not known, it is seen to have not much of a change on the industry. Glamping is a fairly low-cost leisure offering within the tourism industry and thus remains attractive to a large percentage. Moreover, traditional hospitality offerings including hotels, restaurants, and resorts have had a destructive impact due to COVID-19, whereas the glamping and camping industries witnessed a higher demand as they offer socially distant, hygienic, and scheduled breaks away from the city. With no common areas or front desk, no bars or restaurants, operators like Hipcamp, Getaway, and Tentrr offer tents or secluded cabins that are well-positioned to capture this demand.

In addition, glamping service providers are also focusing on partnering with hotels and resorts to popularize and generate greater profits. For instance, Glampique’s services are a perfect solution for business-to-business glamping deals. However, getting planning permission to start a glamping site is one of the challenges faced by numerous owners. Land use permission to build glamping sites may take up to a year and is a very lengthy procedure. This is one of the major challenges that discourage people from starting their own glamping business; particularly in the U.S.A., a few planning authorities simply don’t relate glamping as a business or the benefits of luxury camping as an environmentally conscious way to use a piece of land or building and diversify or boost a local economy.

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

Glamping Market Report Highlights

• Rising preference for contemporary tents, pods, and cabins amidst nature is expected to be one of the key reasons driving the market over the forecast period
• The cabins and pods segment accounted for the largest revenue share in 2021 and is expected to grow at a steady CAGR over the forecast period
• Cabin and pods accommodation has been the most preferred glamping type due to amenities, such as safe door and window locks. With outdoor activities becoming more popular, travel enthusiasts get highly attracted by luxury services offered by the glamping service providers
• The 18-32 years age group segment will register the fastest CAGR over the forecast period. The rising trend of travel & tourism in the millennial generation category is fueling the segment growth
• Europe held the largest revenue share of over 35.00% in 2021. The market started as a niche segment in Europe; however, it has been gaining traction over the past few years due to rising consumer awareness about the benefits of glamping

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

Glamping Market Segmentation

Grand View Research has segmented the global glamping market on the basis of accommodation, age group, and region:

Glamping Accommodation Outlook (Revenue, USD Million, 2017 - 2030)

• Cabins & Pods
• Tents
• Yurts
• Treehouses
• Others

Glamping Age group Outlook (Revenue, USD Million, 2017 - 2030)

• 18-32 Years
• 33-50 Years
• 51-65 Years
• Above 65 Years

Glamping Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
• Europe
  • Italy
  • UK.
• Asia Pacific
  • Australia
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of Glamping Market

• Under Canvas
• Collective Retreats
• Tentrr
• Eco Retreats
• Baillie Lodges
• Nightfall Camp Pty Ltd.
• Tanja Lagoon Camp
• Wildman Wilderness Lodge
• Paperbark Camp

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.