3D Printing Metal Market Top Players, Analysis And Forecast Till 2030: Grand View Research Inc.

 

3D Printing Metal Market Growth & Trends

The global 3D printing metal market size is anticipated to reach USD 2,978.9 million by 2030 and is projected to grow at a CAGR of 18.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing need for complex and intricate metal parts and components in various end use industries such as defense, aerospace, medical, dental, and automotive is propelling the need for 3D printing technology.

3D printing metal is an additive manufacturing process used to produce objects with complex designs through a digital blueprint. As the name implies, the process involves adding or depositing thin layers of material in the form of metal powder or filament, and subsequently bonding the layers together. Based on form, powders constitute the major share of the market, as they are the preferred feedstock on account of their unique structure, despite being difficult and dangerous to handle in their raw state.

Different types of metal or their alloys are utilized in this process. Titanium is the most preferred product type for 3D printing. The distinctive characteristics of titanium to provide a light yet durable finished product make it useful across critical applications. In February 2024, U.S.-based contract manufacturer Armadillo Additive launched a new additive manufacturing facility targeting precision engineering for the medical device sector. The company, with its new machine, will specialize in the Ti-6Al-4V Grade 23 titanium products.

Based on end use, aerospace & defense holds the largest market share. The industry holds the capacity to bear the high initial costs of 3D printing. Also, aerospace and defense companies are investing towards expanding their reliability on 3D printing, on account of its growing penetration in critical areas. For instance, as per news released in January 2024, the first metal 3D printer is expected to be tested aboard the Columbus module of the International Space Station. This could be an important step to commence manufacturing in space and future missions to Mars and Moon.

North America is the most significant region for the growth and development of 3D printing. The growth of additive manufacturing technology is anticipated to propel in the region owing to the growing consumption of highly efficient critical components in the aviation industry. The presence of major government and private aerospace companies, coupled with high defense and space expenditure in the region, is aiding market growth.

The global market is characterized by increasing mergers & acquisitions activities globally, with giant players acquiring stakes in small companies having a competitive edge such as advanced technology, efficient processes, or presence in the regional market. For instance, 3D printer manufacturer Nano Dimension has announced to acquire Desktop Metal, a manufacturer of 3D printers for metal parts. The acquisition is expected to close in last quarter of 2024.

Request a free sample copy or view report summary: 3D Printing Metal Market Report

3D Printing Metal Market Report Highlights

• 3D printing technology is gaining traction owing to the ability of the technology to offer accurate and rapid prototypes and optimize the time to market. Increasing adoption of 3D printers in the healthcare, automotive, and consumer electronics verticals is likely to drive the market significantly
• Based on product, the titanium segment led the market with the largest revenue share of 43.8% in 2023. Properties, such as high fatigue strength, strength-to-weight ratio, and excellent corrosion resistance have a key role in driving the demand for titanium
• Based on end use, the aerospace & defense segment led the market with the largest revenue share of 43.4% in 2023. The ability to manufacture complex components in less time is forcing aerospace & defense players to invest in 3D printing
• Based on end use, the medical & dental segment is projected to grow at the fastest CAGR of 19.7% from 2024 to 2030. Rising awareness about health, the development of new alloys for medical applications, and the ability of 3D printing to customize the parts are projected to be the key factors driving the growth of this segment

Access Press Release@ https://www.grandviewresearch.com/press-release/global-3d-metal-printing-market

3D Printing Metal Market Segmentation

Grand View Research has segmented the global 3D printing metal market report based on the form, product, end use, and region.

3D Printing Metal Form Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Powder
• Filament

3D Printing Metal Product Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Titanium
• Nickel
• Stainless Steel
• Aluminum
• Others

3D Printing Metal End Use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Aerospace & Defense
• Automotive
• Medical & Dental
• Others

3D Printing Metal Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the 3D Printing Metal Market

• ATI
• CNPC Powders
• Colibrium Additive (GE Aerospace)
• CRS Holdings, LLC.
• GKN Powder Metallurgy
• Höganäs AB
• INDO-MIM
• Kennametal Inc.
• Materialise NV
• OC Oerlikon Management AG
• Outokumpu
• POLEMA
• Powder Alloy Corporation
• Rio Tinto Metal Powder
• Sandvik

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.

Socks Market Top Players, Analysis And Forecast Till 2030: Grand View Research Inc.

 Socks Market Growth & Trends

The global socks market is expected to reach USD 73.6 billion by 2030, registering a CAGR of 6.4% over the forecast period, according to a new report by Grand View Research, Inc. The increasing trend of formal clothing among white-collar professionals is anticipated to play a vital role in boosting product demand. This, in turn, is estimated to increase market growth over the forecast period. Furthermore, growing spending on health, as well as fitness, is anticipated to fuel the demand for different footwear accessories that include sports socks and ankle socks. Over the last couple of years, different healthcare professionals have increased their spending on publishing several research papers on keeping the feet healthy on account of the growing occurrences of foot disorders related to diabetes.

As a result, some of the companies including Dr. Oxyn and Podolite have launched customized diabetic socks to reduce the risk of foot ulcers, which function as a root cause of infections, or amputation. The presence of corporate offices in emerging economies including China, Bangladesh, India, and Mexico, due to supportive policies to promote investments at a domestic level, is expected to remain a favorable factor for industry growth. However, increasing demand for footwear, such as sandals and slippers, is hindering the growth of this market. Rising demand for specialized socks along with the increasing awareness about fitness & health in various regions will create development opportunities for the industry over the forecast period.

Socks Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 47.1 billion
Revenue forecast in 2030	USD 73.6 billion
Growth rate	CAGR of 6.4% from 2023 to 2030
Base year for estimation	2022
Historical data	2017 - 2021
Forecast period	2023 - 2030

Industry development is likely to be higher in emerging regions due to the increasing penetration of corporate offices, which creates ample growth opportunities for the market. The COVID-19 pandemic has impacted the industry, as the product demand was decreased globally. With the lockdown and movement restrictions, socks sales were drastically impacted. However, top players reinvented their product lines and most of them utilized the lockdown period to innovate their production and retail approach. The demand for socks is significantly influenced by changing fashion and style trends. As people seek to stay up-to-date with the latest trends and styles, they often purchase new socks that match their fashion preferences. Socks with colorful patterns or bold designs may be popular in one season, while plain and classic styles may be preferred in another.

This trend-driven demand creates opportunities for companies to introduce new sock designs and styles to capture consumer interest and generate sales. Socks designed for specific sports or fitness activities are gaining popularity among enthusiasts. These specialized socks offer benefits, such as improved performance, increased comfort, and reduced risk of injury. For instance, compression socks worn during exercise can improve blood circulation and help prevent swelling and soreness in the feet and legs. As more people engage in sports and fitness activities, the demand for specialized socks is expected to grow, providing opportunities for companies that cater to this niche market.

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

Socks Market Report Highlights

• Casual socks are the leading product segment and held a share of almost 54% of the global revenue in 2022. Many brands are using sustainable and eco-friendly materials, while others are incorporating compression or moisture-wicking technologies into their socks
• The athletic socks segment is projected to accelerate at a CAGR of 6.9% during the forecast period. This growth can be attributed to several factors, such as the increasing popularity of athleisure wear, rising awareness about the importance of comfortable & supportive socks for athletic performance, and the growth of e-commerce platforms that make it easier for consumers to purchase athletic socks
• Men’s socks held a revenue share of 62.8% in 2022. The segment is likely to continue its growth in the coming years as consumers have become more aware of the importance of high-quality socks for both comfort and style. The women’s socks market is progressing rapidly and is expected to improve by 1.6x by 2030. One of the reasons for the growth in the women's socks market is the changing fashion trends. Socks are no longer seen as just a functional item but also as a fashion accessory. As a result, women are now looking for socks that not only provide comfort but also look stylish
• Hypermarkets and supermarkets are the leading distribution channel for socks and held a share of 56.7% of the global revenue in 2022. However, customers are levitating towards online retail channels and thus, the online segment is expected to register a CAGR of 7.1% during the forecast period

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

Socks Market Segmentation

Grand View Research has segmented the global socks market on the basis of product, end-use, distribution channel, and region:

Socks Product Outlook (Revenue, USD Million, 2017 - 2030)

• Casual
• Formal
• Athletic

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

• Men
• Women
• Children

Socks Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Hypermarkets And Supermarkets
• Convenience Stores
• Online

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

• North America
  • US.
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
• Central and South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players in the Socks Market

• Nike Inc.
• Puma S.E.
• Adidas A.G.
• Asics Corp.
• Skechers USA, Inc.
• Hanesbrands Inc.
• Under Armour, Inc.
• VF Corp.
• Jockey International Inc.
• Drymax Technologies Inc.

About Grand View Research

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

U.S. Assisted Living Facility Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2030

 U.S. Assisted Living Facility Market Growth & Trends

The U.S. assisted living facility market size is expected to reach USD 140.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.53% from 2023 to 2030. The launch of new assisted living facilities, growing prevalence of chronic diseases, and technological developments are expected to boost the market growth during the forecast period.

The prevalence of chronic diseases is increasing at a significant pace. Along with general age-related disabilities, the elderly suffer from chronic diseases such as cancers, heart problems, diabetes, cerebral palsy, Parkinson's disease, multiple sclerosis, dementia, Alzheimer’s, and mental stress. Hospitalization for chronic conditions can be expensive and often involves unnecessary use of resources, which can otherwise be utilized for patients in critical conditions. ALFs can provide specialized care required by the elderly. Increasing demand for these facilities to accommodate new admissions each year is expected to propel market growth.

A number of the facilities became hotspots for transmission of the novel coronavirus; 42% of the total COVID-19 deaths in the U.S. were ALF residents. To cope with the situation, in March 2020, CMS released guidelines for nursing homes and ALFs to help curb the spread of the COVID-19. These measures include prohibitions on visitors and nonessential staff, daily monitoring for symptoms, screening employees, implementing infection control & cleaning protocols, ensuring social distancing, hiring & training additional employees, adjusting activities, and paying bonuses & overtime. The majority of these facilities were not allowed to accept new residents, and therefore, had no new revenue streams for the additional expenses associated with the COVID-19 virus, which is hampering the market. 

Request a free sample copy or view report summary: U.S. Assisted Living Facility Market Report

U.S. Assisted Living Facility Market Report Highlights

• In the U.S., the assisted living facilities provide meals, housekeeping services, social & recreational activities, and exercise & wellness programs. They also provide medical assistance in case of an emergency. Adults opting for assisted living pay for it from their savings and investments.
• The more than 85 segment held the largest market share in terms of revenue during 2022 and is expected to register the fastest growth over the forecast period. By 2040, the number of people aged 85 and above is expected to rise from 6.4 million in 2016 to 14.6 million. As the aging population grows it is likely to raise the demand for ALF facilities.
• On the basis of region, the West region dominated the segment with the largest market share in 2022. However, the South is expected to witness the fastest growth over the forecast period owing to improved living conditions and a number of facilities for senior residents. 

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

U.S. Assisted Living Facility Market Segmentation

Grand View Research has segmented the U.S. assisted living facility market based on age and region:

U.S. Assisted Living Facility Age Outlook (Revenue, USD Billion, 2017 - 2030)

• More than 85
• 75-84
• 65-74
• Less than 65

U.S. Assisted Living Facility Region Outlook (Revenue, USD Billion, 2017 - 2030)

• West
• South
• Midwest
• Northeast

List of Key Players in the U.S. Assisted Living Facility Market

• Kindred Healthcare, LLC
• Brookdale Senior Living Inc.
• Sunrise Senior Living, LLC
• Atria Senior Living, Inc.
• Five Star Senior Living
• Capital Senior Living
• Merrill Gardens
• Integral Senior Living (ISL)
• Belmont Village, L.P.
• Gardant Management Solutions

About Grand View Research

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

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

 Lingerie Market Growth & Trends

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

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

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

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

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

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

Lingerie Market Report Highlights

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

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

Lingerie Market Segmentation

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

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

• Briefs
• Bras
• Shapewear
• Others

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

• Offline
• Online

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

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

List of Key Players of Lingerie Market

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

About Grand View Research

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

Clinical Laboratory Service Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 Clinical Laboratory Service Market Growth & Trends

The global clinical laboratory service market size is expected to reach USD 286.77 billion by 2030, registering a CAGR of 3.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the industry can be attributed to the increasing prevalence of the geriatric population, which, in turn, is propelling the demand for early disease diagnosis. The growing prevalence of target diseases, such as diabetes and Cardiovascular Diseases (CVDs), is a high impact-rendering driver for industry growth over the forecast period. Cardiovascular disease is the leading cause of death globally. The presence of unmet medical needs pertaining to disease management and the subsequent increase in patient awareness in more regions are expected to boost the demand for clinical laboratory testing.

Improvements in laboratory testing technology throughbreakthrough and incremental advances are high-impact-rendering drivers for industry growth. Market firms are engaged in introducing new services to serve the unmet demand of patients. For instance, in May 2022, Hamilton County entered into a partnership with Ethos Laboratories for the launch of no-cost COVID-19 testing sites. In July 2022, Mayo Clinic laboratories launched monkeypox tests to increase availability and accessibility to a wider target population. Moreover, in January 2022, Quest Diagnostics launched COVID-19 rapid antigen tests available through QuestDirect in collaboration with eMed to provide access to testing for COVID-19 at home. The pandemic affected millions of people globally. According to the CDC and WHO, the standard for diagnosis of COVID-19 is RT-PCR for samples from the respiratory tract.

The adoption of PCR technology for the diagnosis of COVID-19 and the genetic sequencing of the virus for the development of a cure is driving the industry. Due to this pandemic, there is an increase in the approval of tests for the diagnosis of the novel coronavirus, with most of these tests approved under Emergency Use Authorization (EUA) by federal agencies. Furthermore, the industry operates through different sales channels—laboratories and hospitals. The presence of prominent players in various regions is expected to drive the industry. For instance, in February 2022,Labcorp entered into a comprehensive partnership with Ascension. Through this collaboration, Labcorp will handle Ascension’s hospital-based labs situated in ten states for buying assets for its outreach laboratory business.

Request a free sample copy or view report summary: Clinical Laboratory Service Market Report

Clinical Laboratory Service Market Report Highlights

• In 2021, the clinical chemistry segment held a dominant share owing to the increasing need for pathology analysis
• The hospital-based laboratories segment is projected to grow at the fastest CAGR over the forecast period owing to increasing hospital-integrated laboratories
• The bioanalytical & lab chemistry services segment was the highest revenue-generating segment in 2023 due to the increasing drug discovery and developmen
• The industry has seen unprecedented growth due to the introduction of innovative services to address the rising demands
• Asia Pacific is expected to witness the fastest CAGR during the forecast period due to improved manufacturing facilities and an increasing prevalence of chronic disease

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

Clinical Laboratory Service Market Segmentation

Grand View Research has segmented the global clinical laboratory services market based on test type, service provider, application, and region:

Clinical Laboratory Service Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• Genetic Testing
• Clinical Chemistry
  • Routine Chemistry Testing
  • Therapeutic Drug Monitoring Testing
  • Endocrinology Chemistry Testing
  • Specialized Chemistry Testing
  • Other Clinical Chemistry Testing
• Medical Microbiology Testing
  • Infectious Disease Testing
  • Transplant Diagnostic Testing
  • Other Microbiology Testing
• Hematology Testing
• Immunology Testing
• Cytology Testing
• Drug of Abuse Testing
• Other Esoteric Tests

Clinical Laboratory Service Service Provider Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital-based Laboratories
• Stand-alone Laboratories
• Clinic-based Laboratories

Clinical Laboratory Service Application Outlook (Revenue, USD Million, 2018 - 2030)

• Bioanalytical & Lab Chemistry Services
• Toxicology Testing Services
• Cell & Gene Therapy Related Services
• Preclinical & Clinical Trial Related Services
• Drug Discovery & Development Related Services
• Other Clinical Laboratory Services

Clinical Laboratory Service Regional Outlook (Revenue, USD Million, 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
  • Colombia
  • Peru
  • Argentina
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List Of Key Players in the Clinical Laboratory Service Market

• Laboratory Corporation of America Holdings (LabCorp)
• QIAGEN NV
• Eurofins Scientific SE
• Quest Diagnostics Incorporated
• OPKO Health, Inc.
• Siemens Medical Solutions USA, Inc.
• NeoGenomics Laboratories
• Fresenius Medical Care
• ARUP Laboratories
• Sonic Healthcare
• Charles River Laboratories International, Inc.
• SYNLAB International GmbH
• Mayo Clinic Laboratories
• Unilabs

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.

Europe Motorcycle Parts And Accessories Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Europe Motorcycle Parts And Accessories Market Growth & Trends

The Europe motorcycle parts and accessories market size is expected to reach USD 1,501.62 billion by 2030, registering a CAGR of 7.0% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The increased ownership of motorcycles is a major factor driving the market growth. Motorcycles are popular because of their high fuel efficiency, aid in reducing traffic congestion, and cost-effective commute. The increased purchasing of motorbikes in Europe is predicted to enhance demand for accessories such as helmets, riding gear, baggage systems, and aftermarket parts. Besides, increased awareness of environmental issues and increased usage of electric motorcycles are expected to drive growth in the market. Sustainable and recyclable materials are becoming more popular in producing motorbike accessories. Moreover, increased e-commerce and online retail platform penetration is expected to provide attractive prospects for suppliers in the market.

Technological advancement and changes in consumer expectations drive the demand for smarter motorcycle parts and accessories. This has prompted protective gear producers to develop and create new items in response to customer demand. Bluetooth, sophisticated noise control, ambient audio capability, audio multitasking, navigation, built-in speakers and microphones, and adequate cushioning with ventilation are some of the benefits of smart technology in helmets. The helmets are also lightweight, portable, and adjustable to meet the consumer's needs. As a result, new technology aspects are projected to propel the motorcycle protective gear market forward.

The rising traction for motorcycle racing among millennials, as well as tempting discounts from bike key manufacturers that include helmets, jackets, and gloves as supplementary gear, are fostering the market expansion. E-commerce has served a crucial role in raising brand value for a variety of riding gear firms. Millions of people take part in online contests where social media influencers provide tutorials on riding gear. Reasonable bike touring packages offered by a variety of vacation businesses are further motivating the market.

Helmets, gloves, kneecaps, elbow guards, and spine guards all play a significant part in enhancing road safety. Furthermore, this protective clothing keeps motorcyclists safe from major injuries. To create lightweight products, protective gear producers use components such as fiberglass-reinforced plastic and fiber carbon. Moreover, suppliers are incorporating new communication features into protective gear, such as helmets, which is expected to positively impact the growth of the market.

Request a free sample copy or view report summary: Europe Motorcycle Parts And Accessories Market Report

Europe Motorcycle Parts And Accessories Market Report Highlights

• The growing traction towards buying high-end and high-performance motorcycles is driving the Europe motorcycle part and accessories market growth. Likewise, the growing electric motorcycle popularity in Europe owing to government efforts to promote sustainable mobility is driving the market growth
• The rising demand for electric motorcycles in the region is also driving the demand for motorcycle batteries, the development of new battery technology through changing cell chemistry, lowering prices, improved battery management systems, and battery exchange models such as battery as a service and swapping is driving the segmental growth
• As off-road biking events gain traction in the country, off-road motorcycle accessories demand is also witnessing a surge, thus driving the market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-motorcycle-parts-accessories-market-analysis

Europe Motorcycle Parts And Accessories Market Segmentation

Grand View Research has segmented the Europe motorcycle parts and accessories market based on parts and country:

Europe Motorcycle Parts And Accessories Parts Outlook (Revenue, USD Billion, 2018 - 2030)

• Handle Accessories
  • Handlebars
  • Grips
• Electrical & Electronics
  • Lighting
  • Horns
• Frames & Fittings
  • Crash Protection
  • Windshield
  • Foot Pegs
• Bags & Carrier Frames
• Exhaust Systems
• Seat Covers
• Security Systems
• Filters
• Sprockets
• Batteries

Europe Motorcycle Parts And Accessories Country Outlook (Revenue, USD Billion, 2018 - 2030)

• Italy
• France
• Spain
• Germany
• UK

List of Key Players in the Europe Motorcycle Parts And Accessories Market

• Akrapovi
• Caberg S.p.a.
• Dainese S.p.A
• GP Products
• GripWorks
• Hartmetall-Werkzeugfabrik Paul Horn GmbH
• HEDKASE LIMITED
• Odi Grips
• Schuberth GmbH
• Sinclair & RushLtd

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.

Asia & Africa Polyethylene Wax Market Get Facts About Business Strategies 2018 to 2025: Grand View Research Inc.

 The Asia & Africa polyethylene wax market size is expected to reach USD 595.1 million by 2025, according to a new report by Grand View Research, Inc. Polyethylene (PE) wax is used globally in diversified industries including coating, printing ink, adhesives, food packaging, and masterbatches. 

Ethylene emerges as a key raw material used in the manufacture of polyethylene. Unstable crude oil prices and geopolitical issues are affecting raw material trends. The industry will be driven by high supply from Asia Pacific countries including India, China, and Japan coupled with technological innovations.

HDPPE and LDPPE waxes are obtained using polymerization technology. Oxidized, modified, acid-modified are manufactured using modification technology. Low density cracked is produced by thermal cracking of LDPPE wax.

China consists of a large number of PE manufacturers with flexible prices. Also, government initiatives to develop shale gas reserves by 2020 are also expected to contribute positively towards low cost and high level of ethylene production. The Middle East, on account of well-established oil & gas infrastructure, is also projected to make a significant contribution towards industry growth.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/asia-africa-polyethylene-pe-wax-market

Further key findings from the report suggest:

• The Asia PE wax demand was USD 228.9 million in 2016 and is expected to grow at a CAGR of 10.2% from 2017 to 2025
• Growth of printing inks, adhesives, cosmetics, and pharmaceuticals particularly in emerging countries of the Asia Pacific and Africa are expected to have a positive impact on growth
• High polyethylene supplies from India and China coupled with rapid industrialization have resulted in high demand in the region
• Africa is also projected to observe a significant gain in its market size on account of oil & gas infrastructure development coupled with lower product prices
• The high density polymerized segment accounted for 40.5% of the volume in 2016 and is expected to grow at a high CAGR from 2017 to 2025
• High density polymerized PE wax is widely used as a lubricant for plastics processing and in the textile industry.
• Petrochemical manufacturers in the Asia Pacific have invested in large-scale ethylene plants, and have upgraded and expanded their facilities to cater to large demand arising in the region
• Mitsui Chemicals, Inc., Nanjing Tianshi New Material Technologies Co., Ltd., EPChem International Pte Ltd., Sanyo Chemical Industries, Ltd., and SCG Chemicals Co., Ltd. are the prominent leaders in the Asia & Africa polyethylene wax market.

Access Press Release@ https://www.grandviewresearch.com/press-release/asia-africa-polyethylene-pe-wax-market-analysis

Grand View Research has segmented the Asia & Africa polyethylene wax market on the basis of technology, product, application, and region:

Polyethylene Wax Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Polymerization
• Modification
• Thermal Cracking

Polyethylene Wax Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• High-Density Polymerized PE Wax
• Low-Density Polymerized PE Wax
• Oxidized PE Wax
• Acid-Modified PE Wax
• Low-Density Cracked PE Wax
• Others

Polyethylene Wax Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Printing Inks
• Adhesives
• Masterbatches
• Plastics
• Rubber
• Others

Polyethylene Wax Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Asia
  • Australia
  • New Zealand
  • Malaysia
  • Indonesia
  • Thailand
• Africa
  • South Africa

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.

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

 

Molecular Diagnostics Market Growth & Trends

The global molecular diagnostics market size is expected to reach USD 17.97 billion by 2030, and expanding at a CAGR of 4.5% from 2024 to 2030, according to a recent study by Grand View Research, Inc. The contraction in the market will be due to the decline in demand for molecular testing for COVID-19. However, factors such as the rising geriatric population and increasing demand for technologies such as NGS is expected to drive market growth.

Molecular diagnostics plays an important role in infectious disease testing as they can yield effective and fast results. Hence, the increasing prevalence of hospital-acquired infections & infectious diseases is projected to drive the market over the forecast period. Increasing incidence and awareness regarding genetic disorders is further anticipated to accelerate market growth. The miniaturization of three basic molecular assays-nanobiotechnology, biochips, and microfluidics are expected to increase the accuracy and specificity of diagnostic outcomes, and hence, increase the demand for molecular diagnostic products. These improvements are expected to enhance the availability of PoC molecular diagnostic tests to yield quick and effective test results.

Companies are expanding their product portfolios with the acquisition of smaller companies. For instance, in March 2021, Hologic announced the acquisition of Diagenode-a molecular diagnostic company with a wide range of PCR instruments, facilitating the detection of over 30 bacteria-for USD 159 million. Similarly, in April 2021, F. Hoffmann-La Roche Ltd. acquired GenMark Diagnostics, Inc. at a price of USD 24.05 per share in cash, and it holds around 82.89% of total shares of GenMark Diagnostics. GenMark Diagnostics, Inc. has proprietary technologies, such as eSensor XT-8 and ePlex, which can be utilized in developing tests for infectious diseases, including bloodstream infections.

Key players are enhancing their range of testing options for real-time PCR instruments by increasing R&D activities for the development of kits that target emerging diseases or by entering into agreements with other kit manufacturing companies. These include the introduction of Cobas HPV test assay in Cobas 4800 by Roche Diagnostics. The introduction of tuberculosis testing Xpert assay on GeneXpert platform by Cepheid is an example of such advancement. Such advances are anticipated to drive the global molecular diagnostics market.

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

Molecular Diagnostics Market Report Highlights

• The reagents segment dominated the market and accounted for a share of 62.2% of the global revenue in 2023. It is expected to maintain its dominance throughout the forecast years owing to its wide application scope in research & clinical settings and increasing adoption of novel tests.
• The polymerase chain reaction technology segment accounted for the largest revenue share in 2023. This is attributed to its use in detecting COVID-19 and other infectious diseases.
• The infectious diseases segment accounted for the largest revenue share in 2023. The increased usage of molecular, particularly PCR tests, for diagnosing COVID-19 has increased the segment share significantly.
• The central laboratories segment dominated the industry in 2023 owing to high procedure volumes for COVID testing and other healthcare indications in central laboratories.
• North America dominated the market and accounted for a 39.3% share in 2023. This is attributed to the rising epidemiology of infectious as well as chronic diseases, thus, encouraging companies to introduce novel molecular diagnostic tests, thereby boosting market growth.
• Asia Pacific is anticipated to exhibit significant growth from 2024 to 2030 owing to increased market penetration, initiatives of local market players to increase the adoption of novel diagnostic technologies, and high unmet market needs.

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

Molecular Diagnostics Market Segmentation

Grand View Research has segmented the global molecular diagnostics market report based on product, technology, application, test location, and region:

Molecular Diagnostics Product Outlook (Revenue, USD Million, 2018 – 2030)

• Instruments
• Reagents
• Others

Molecular Diagnostics Technology Outlook (Revenue, USD Million, 2018 – 2030)

• Polymerase chain reaction (PCR)
  • By Type
    • Multiplex PCR
    • Other PCR
  • By Product
    • Instruments
    • Reagents
    • Others
  • In Situ Hybridization (ISH)
    • Instruments
    • Reagents
    • Others
  • Isothermal Nucleic Acid Amplification Technology (INAAT)
    • Instruments
    • Reagents
    • Others
  • Chips and Microarrays
    • Instruments
    • Reagents
    • Others
  • Mass Spectrometry
    • Instruments
    • Reagents
    • Others
  • Sequencing
    • Instruments
    • Reagents
    • Others
  • Transcription Mediated Amplification (TMA)
    • Instruments
    • Reagents
    • Others
  • Others
    • Instruments
    • Reagents
    • Others

Molecular Diagnostics Application Outlook (Revenue, USD Million, 2018 – 2030)

• Oncology
  • Breast Cancer
  • Prostate Cancer
  • Colorectal Cancer
  • Cervical Cancer
  • Kidney Cancer
  • Liver Cancer
  • Blood Cancer
  • Lung Cancer
  • Other Cancer
• Pharmacogenomics
• Infectious Diseases
  • Methicillin-resistant Staphylococcus Aureus (MRSA)
  • Clostridium Difficile
  • Vancomycin-resistant Enterococci (VRE)
  • Carbapenem-resistant Bacteria
  • Flu
  • Respiratory Syncytial Virus (RSV)
  • Candida
  • Tuberculosis and Drug-resistant TBA
  • Meningitis
  • Gastrointestinal Panel Testing
  • Chlamydia
  • Gonorrhea
  • HIV
  • Hepatitis C
  • Hepatitis B
  • Other Infectious Diseases
• Genetic Testing
  • Newborn Screening
  • Predictive and Presymptomatic Testing
  • Other Genetic Testing
• Neurological Disease
• Cardiovascular Disease
• Microbiology
• Others

Molecular Diagnostics Test Location Outlook (Revenue, USD Million, 2018 – 2030)

• Point of Care
• Self-test or OTC
• Central Laboratories

Molecular Diagnostics Regional Outlook (Revenue, USD Million, 2018 – 2030)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Sweden
  • Denmark
  • Norway
  • Belgium
  • Switzerland
  • The Netherlands
  • Poland
  • Austria
  • Turkey
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
  • New Zealand
  • Sri Lanka
  • Malaysia
  • Vietnam
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Kuwait
  • Jordan
  • Qatar
  • Egypt

List of Key Players of Molecular Diagnostics Market

• BD
• bioMérieux SA
• Bio-Rad Laboratories, Inc.
• Abbott
• Agilent Technologies, Inc.
• Danaher
• Hologic Inc. (Gen Probe)
• Illumina, Inc.
• Grifols, S.A.
• QIAGEN
• Hoffmann-La Roche, Ltd.
• Siemens Healthineers AG
• Sysmex 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.

Saffron Market to Witness a Pronounce Growth During 2024 – 2030: Grand View Research Inc.

 

Saffron Market Growth & Trends

The global saffron market size is anticipated to reach USD 959.38 million by 2030, growing at a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to experience significant growth in the forecast period due to increasing demand for the spice in medical and cosmetic applications. Saffron is a potent source of antioxidants that provide numerous health benefits, with active compounds such as picrocrocin, safranal, and crocin contributing to reducing oxidative damage and inflammation in the brain. Its antioxidant, anti-inflammatory, and memory-enhancing properties are likely to drive market growth. In addition, the cosmetics industry uses saffron as a natural UV-absorbing agent.

Image processing technology, pilot scale, and electric nose are some of the key technologies used in processing saffron. Manual separation of stigmas has been the norm, but the image processing method offers a less time-consuming approach. ISO Standard 3632 is the requirement that governs quality measurement. However, adulteration is a growing concern in the global market due to saffron's high price and increased demand, with products resembling saffron being mixed in as adulterants.

The market in Middle East and Africa is growing and is attributable to the increasing demand to its use in traditional cuisine. Saffron is an essential ingredient in many dishes in the region, such as biryanis, pilafs, and tagines, and it is also used to flavor sweets and desserts. The spice is considered to be a symbol of hospitality and is often served to guests as a sign of respect.

In September 2022, Iran signed a USD 300 million deal with Qatar to supply saffron. Qatar received 200 tons of Iranian saffron, with the first shipment arrived on October 1st. The two countries have been expanding their economic and political ties, with trade exchange growing by 34% in 2021. The Qatari minister hopes to continue expanding economic, trade, and investment cooperation.

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

Saffron Market Report Highlights

• Grade-I dominated the grade segment with highest revenue share in 2023. This is owing to the excellent coloring and flavoring strengths and aroma of this grade
• The traditional type accounted for a revenue share of 63.6% in 2023. The market for traditional saffron harvest is driven by several factors, including its unique flavor, aroma, and color, which make it a highly valued ingredient in cooking, cosmetics, and traditional medicine
• The market for liquid form is expected to witness a significant growth with a revenue CAGR of 7.9% over the projected period. The various uses of liquid form of saffron like its culinary and medicinal uses, saffron liquid is also used in the perfume industry to add a unique and exotic aroma to fragrances, is driving the segment
• The market for B2C distribution channel is expected to witness a significant growth with a revenue CAGR of 7.4% over the projected period owing to the rising prevalence of saffron products in online retail platforms and the increasing demand for saffron-based supplements and dietary items
• Middle East and Africa accounted for a revenue share of nearly 51.2% in 2023 owing to rising product demand in the personal care & cosmetic sector in the region owing to increasing recognition of saffron's health advantages, along with the surge in demand for organic and natural commodities

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

Saffron Market Segmentation

Grand View Research has segmented the global saffron market based on grade type, form, application, distribution and region:

Saffron Grade Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

• Grade I
• Grade II
• Grade III
• Grade IV

Saffron Type Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

• Organic
• Traditional

Saffron Form Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

• Liquid
• Powder
• Stigma
• Petals
• Stamen

Saffron Application Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

• Food supplements
• Cosmetics
• Personal care products
• Food & beverage
• Others

Saffron Distribution Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

• B2B
• B2C

Saffron Regional Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

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

List of Key Players in the Saffron Market

• Esfedan Trading Company
• Safran Global Company S.L.U.
• Tarvand Saffron Co.
• Saffron Business Company
• Gohar Saffron
• Rowhani Saffron Co.
• Mehr Saffron
• Flora Saffron
• Royal Saffron Company
• Iran Saffron company

About Grand View Research

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

Grow Light Market Growth in the Coming Years

 Grow Light Market Growth & Trends

The global grow light market size is anticipated to reach USD 14.31 billion by 2030, growing at a CAGR of 15.0%, according to a new report by Grand View Research, Inc. The increased use of vertical farming and indoor cultivation, for producing crops, is likely to spur the market demand over the forecast period. Grow light helps in extending the hours of the natural daylight which further increases the health, growth rate, and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting and plasma lighting can extend the availability of crops throughout the season.

According to the UN, by 2050, around 80 percent of the world's population will live in cities. People continuously move into cities to get access to training, service, jobs, culture and entertainment, and all the other things cities offer. This means that the demand for food is increasing in these areas at the same time as the availability of arable land around cities is very limited.

Artificial lighting helps in extending the hours of the natural daylight which further increases the health, growth rate, and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.

The U.S. government has increasingly started to legitimize cannabis plantations across various states. With this initiative, cannabis cultivation is on the verge to become a big business in some parts of the country. Cannabis growers prefer Controlled-Environment Agriculture (CEA) to enhance product quality and yield. This setup consumes a high amount of electricity. As government officials and power companies are trying to convert this into a green industry, they are encouraging the use of LEDs to reduce power consumption and greenhouse gas emissions.

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

Grow Light Market Report Highlights

• The escalating urban population and lack of arable land around cities is expected to drive the market
• The plasma technology segment is expected to portray high growth rate with a CAGR of 21.9% over the projected period
• New installations and replacement lights, increasing urban cultivation, increasing vertical farming and government initiatives are expected to be the drivers of the market over the forecast period
• The Asia Pacific regional market is expected to have significant growth over the forecast period, owing to the technological advancement and commercial vertical farms

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

Grow Light Market Segmentation

Grand View Research has segmented the global grow light market based on application, product, system, technology, installation, spectrum, and region:

Grow Light Application Outlook (Revenue, USD Million, 2017 - 2030)

• Indoor Farming
• Vertical Farming
• Commercial Greenhouse
• Others

Grow Light Product Outlook (Revenue, USD Million, 2017 - 2030)

• < 300 Watt
• > 300 Watt

Grow Light System Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
• Software

Grow Light Technology Outlook (Revenue, USD Million, 2017 - 2030)

• High Intensity Discharge (HID)
• LED
• Fluorescent
• Plasma

Grow Light Installation Outlook (Revenue, USD Million, 2017 - 2030)

• New Installation
• Retrofit

Grow Light Spectrum Outlook (Revenue, USD Million, 2017 - 2030)

• Partial Spectrum
• Full Spectrum

Grow Light Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Grow Light Market

• AeroFarms
• EVERLIGHT ELECTRONICS CO., LTD.,
• GAVITA Holland bv
• Heliospectra AB
• Hortilux Schréder
• Illumitex
• LumiGrow Inc
• Osram Licht AG

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.