Leak Detection And Repair Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Leak Detection And Repair Market Growth & Trends

The global leak detection and repair market size is anticipated to reach USD 27.89 billion by 2030 and is projected to grow at a CAGR of 4.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing demand for oil and oil products across Asia Pacific, North America, Europe, and the MEA region. According to IEA, oil demand in Southeast Asia is expected to reach 9 million barrels per day by 2040.

Various government bodies are encouraging the use of advanced LDAR systems, which is creating new opportunities for market growth. For instance, in May 2023, the Pipeline and Hazardous Materials Safety Administration unveiled a pre-publication version of a Notice of Proposed Rulemaking that would improve the federal regulations regarding pipeline safety to require that operators of gas pipeline facilities implement several measures to minimize emissions of methane and other corrosive, toxic, or flammable gas from existing and new pipelines.

Growing government efforts to reduce methane emissions worldwide are anticipated to accentuate market growth. For instance, the Global Methane Pledge was announced in November 2021 at COP26 in Glasgow to commit to a joint goal of lowering global methane emissions by at least 30% by 2030 as compared to the 2020 levels. This initiative emphasizes reducing methane emissions by tackling methane leaking from oil and gas pipelines, wells, and other fossil fuel infrastructure.

Furthermore, rapid innovation in theleak detection and repair (LDAR) systems by various companies is further attributed to the market’s growth. The introduction of cutting-edge technologies such as drones, optical gas imaging (OGI) cameras, and data analytics tools has transformed leak detection and repair systems and services. These advancements reduce downtime, improve accuracy, and drive demand for LDAR systems and services in the global market.

Request a free sample copy or view report summary: Leak Detection And Repair Market Report

Leak Detection And Repair Market Report Highlights

• In terms of component, the services segment dominated the market in 2023. The segment growth can be attributed to the rise in demand for LDAR services among the oil and gas companies to identify, track, and repair leak components.
• In terms of product, the handheld gas detectors segment dominated the market in 2023. The segment growth can be attributed to the rise in demand for portable gas detection systems in areas such as oil production, sewage treatment, and tunnel construction.
• In terms of technology, the Volatile Organic Compounds (VOC) analyzers segment dominated the market in 2023. The segment growth can be attributed to the rising use of VOC analyzers as they detect various gases such as propane, methane, and carbon dioxide.
• North America dominated the market in 2023 owing to stringent regulations such as Leak Detection Regulations in the U.S. as well as the high adoption of advanced technologies by companies in the region.
• In June 2023, ION Science announced the launch of a Panther gas leak detector with improved features and sensitivity compared to the GasCheck G, its predecessor. The Panther PRO includes a highly sensitive thermal conductivity sensor to quickly detect various gases such as hydrogen, helium, ammonia, and refrigerant gases.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-leak-detection-repair-ldar-market

Leak Detection And Repair Market Segmentation

Grand View Research has segmented the global leak detection and repair market based on component, product, technology, and region.

Leak Detection And Repair Component Outlook (Revenue, USD Million, 2017 - 2030)

• Equipment
• Services

Leak Detection And Repair Product Outlook (Revenue, USD Million, 2017 - 2030)

• Handheld Gas Detectors
• UAV-Based Detectors
• Vehicle-based Detectors
• Manned Aircraft Detectors

Leak Detection And Repair Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Volatile Organic Compounds (VOC) Analyzer
• Optical Gas Imaging (OGI)
• Laser Absorption Spectroscopy
• Ambient/Mobile Leak Monitoring
• Acoustic Leak Detection
• Audio-Visual-Olfactory Inspection

Leak Detection And Repair Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Leak Detection And Repair Market

• Aeris Technologies, Inc.
• IBM Thomas J. Watson Research Center
• Bridger Photonics, Inc.
• LI-COR, Inc.
• Duke University
• Colorado State University
• Palo Alto Research Center
• Maxion Technologies Inc.
• Rebellion Photonics
• Physical Sciences Inc.
• Avitas Systems
• PrecisionHawk
• SeekOps, Inc.
• Advisian
• Ball Aerospace & Technologies Corp.
• Gas Ops Leak Detectives, LLC (G.O.L.D. LLC).
• Guideware Systems, LLC.
• Summit Inspections Services, Inc.
• GHD, Inc.
• ERM Group, Inc.
• AECOM
• Guardian Compliance
• ABB Ltd.
• Chicago Bridge & Iron Company N.V.
• Heath Consultants Incorporated
• ENCOS, Inc.
• Team Inc.
• VelocityEHS
• Picarro Inc.
• Microdrones GmbH
• Boreal Laser Inc.
• Kairos Aerospace

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. Cannabis Market to Observe Strong Development by 2030: Grand View Research Inc.

 U.S. Cannabis Market Growth & Trends

The U.S. cannabis market size is anticipated to reach USD 76.39 billion by 2030 and is projected to grow at a CAGR of 12.10% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as legalization of medicinal cannabis, growing consumer disposable income, rising demand for cannabis from the pharmaceutical industry, growing consumer awareness of the health benefits of cannabis, presence of major manufacturers, and the approval of the U.S. farm bill are expected to boost the market growth.

Cannabis is generally used for the treatment of various conditions, such as cancer, mental disorders, pain management, & nausea, and for recreational purposes. The high prevalence of cancer is expected to be one of the factors driving the adoption of medical marijuana over the forecast period. For instance, according to an article published by the American Cancer Society in January 2023, 609,820 cancer deaths and 1,958,310 new cancer cases were anticipated to occur in the U.S. In addition to that, two cannabidiol (CBD) drugs namely nabilone and dronabinol are approved by the FDA for the treatment of vomiting and nausea caused by chemotherapy in the U.S.

Rising awareness among people regarding the therapeutic benefits of cannabis and the launch of cannabis certification programs through partnerships drives market growth. For instance, in December 2023, Bellarmine University introduced a cannabis education certificate program offered by a public Kentucky University focusing on agriculture, business, medicine, and law in the fast-changing cannabis industry.

With the legalization of cannabis in different areas of the U.S. for medical & recreational use, many well-known personalities and mainstream companies are seeking to benefit from this trend. For instance, celebrities such as Jay-Z and Snoop Dogg have joined this movement by launching branded cannabis products (Monogram). However, avid cannabis consumers seek information regarding the extent of the celebrity’s involvement in the cultivation process. Despite this scrutiny, more celebrities are expected to follow this trend and enter the cannabis cultivation industry.

New technologies and improvements are continually being developed for the cultivation of cannabis. With an increasing demand for technologically advanced cannabis production, these expanded techniques are anticipated to assist cultivators in optimizing their resources, which further drives the market growth.

Request a free sample copy or view report summary: U.S. Cannabis Market Report

U.S. Cannabis Market Report Highlights

• Based on source, the marijuana segment led the market with the largest revenue share of 86.91% in 2023, due to the recognition of cannabis for medical purposes and the increasing legalization of its use
• Based on derivative, the CBD segment led the market with the largest revenue share of 64.7% in 2023, owing to growing acceptance and a rise in demand for CBD-infused food, cosmetics, and medication
• Based on cultivation, the indoor cultivation segment led the market with the largest revenue share of 54.59% in 2023, owing to favorable government initiatives and investment made by key players in the market
• Based on end use, the medical use segment led the market with the largest revenue share of 66.41% in 2023 due to the increasing research activity and growing clinical trials supporting its benefits in treating various chronic disease.

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

U.S. Cannabis Market Segmentation

Grand View Research, Inc. has segmented the U.S. cannabis market report based on source, derivatives, end-use, and cultivation:

U.S. Cannabis Source Outlook (Revenue, USD Million, 2018 - 2030)

• Hemp
  • Hemp Oil
  • Industrial Hemp
• Marijuana
  • Flower
  • Oil & Tinctures

U.S. Cannabis Derivative Outlook (Revenue, USD Million, 2018 - 2030)

• CBD
• THC
• Others

U.S. Cannabis Cultivation Outlook (Revenue, USD Million, 2018 - 2030)

• Indoor Cultivation
• Greenhouse Cultivation
• Outdoor Cultivation

U.S. Cannabis End-use Type Outlook (Revenue, USD Million, 2018 - 2030)

• Industrial Use
• Medical Use
  • Chronic Pain
  • Depression & Anxiety
  • Arthritis
  • Post Traumatic Stress Disorder (PTSD)
  • Cancer
  • Migraines
  • Epilepsy
  • Alzheimer’s Disease
  • Multiple Sclerosis
  • AIDS
  • Amyotrophic Lateral Sclerosis
  • Tourette’s Syndrome
  • Diabetes
  • Parkinson's Disease
  • Glaucoma
  • Others
• Recreational Use

List of Key Players in U.S. Cannabis Market

• Medical Marijuana, Inc.
• NuLeaf Naturals, LLC
• CV Sciences, Inc.
• CHARLOTTE’S WEB.
• The Cronos Group
• Organigram Holding, Inc.
• Irwin Naturals
• Tilray Brands
• Canopy Growth Corporation
• Aurora Cannabis

About Grand View Research

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

Global Companion Animal Health Market to Account for $42.50 Billion by 2030: Grand View Research Inc.

 Companion Animal Health Market Growth & Trends

The global companion animal health market size is expected to reach USD 42.50 billion by 2030, registering a CAGR of 9.3% over the forecast period, according to a new report by Grand View Research, Inc. The market is driven by rising research and development programs, growing numbers of government initiatives, increasing adoption of pets, and high volumes of veterinary surgeries & prevalence of chronic diseases in companion animals.The veterinary healthcare sector has experienced many challenges during the COVID-19 pandemic.Veterinarians could still work despite the shutdown. According to a survey of more than 3,000 pet owners in the U.S., UK, France, and Brazil, more than a quarter of pet owners have put off or avoided contacting their veterinarians since the pandemic started due to the fear of disease transmission.

Moreover, the majority of owners (65 percent) concur that the pandemic had no negative effects on access to medications and procedures.An increase in pet ownership is one of the major factors driving the market. Approximately 70% of households (90.5 million homes) in the U.S. have a pet, with dogs and cats being the most common breeds, according to the American Veterinary Medical Association. The market is also being driven by rising demand for pet medicine as more individuals own pets. The market for companion animal medication is also being driven by an increase in the demand for high-quality veterinarian care. Veterinary research and development activities have steadily increased during the last decade. There were numerous innovations in the fields of surgery and specialized medications for use in pets. To establish themselves as market leaders, major players are strategically integrating novel technologies.

For instance, in January 2022, the FDA approved Zoetis' first monoclonal antibody treatment for osteoarthritis, Solensia, which is intended to reduce pain in cats with the condition. Similar to this, the company has released Librela, a monoclonal antibody to lessen canine arthritic pain.In recent years, pet disease prevalence has increased in countries like France, which has increased the demand for pet treatment. Obesity, dental issues, skin allergies, osteoarthritis, and viral diseases are the most typical pet illnesses in France. The need for medications and preventive care to keep pets healthy and happy is highlighted by the rising prevalence of pet ailments in France. In addition, it is projected that the rising pharmaceutical and vaccine demand will further boost the market. The presence of government agencies that ensure the safety of veterinary pharmaceuticals, such as the French Agency for Veterinary Medicinal Products (ANMV), contributes to the growth of the market.

Request a free sample copy or view report summary: Companion Animal Health Market Report

Companion Animal Health Market Report Highlights

• By product, the pharmaceuticals segment held a dominant share of over 44.43% in 2023. The introduction of medications to aid in extending animal lifespan has been accelerated by a notable rise in pet ownership
• The dogs segment dominated the market with a share of over 40.0% in 2023 as a result of rising pet healthcare costs, particularly in developed regions
• By distribution channel, the hospital pharmacies segment held the largest share of over 47% in 2023.The global availability of veterinary clinics and hospital services has increased due to the rising pet adoption rate
• The hospitals & clinics end-use segment held a dominant share of over 80% in 2023. This is due to an expansion of veterinary hospitals and clinics with innovative infrastructure around the world. Another aspect influencing the segment growth is a rise in the number of veterinarians
• North America held a 35.82% share of the overall market in 2023

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

Companion Animal Health Market Segmentation

Grand View Research has segmented the global companion animal health market report based on animal, product, distribution channel, end use, and region: 

Companion Animal Health Animal Outlook (Revenue, USD Million, 2018 - 2030)

• Dogs
• Equine
• Cats
• Others

Companion Animal Health Product Outlook (Revenue, USD Million, 2018 - 2030)

• Vaccines
• Pharmaceuticals
  • OTC
  • Prescription
• Feed Additives
• Diagnostics
• Others

Companion Animal Health Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Retail
• E-commerce
• Hospital pharmacies

Companion Animal Health End - Use Outlook (Revenue, USD Million, 2018 - 2030)

• Point-of-care/In-house testing
• Hospitals & Clinics
• Others

Companion Animal Health Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Companion Animal Health Market

• Agrolabo S.p.A.
• Boehringer Ingelheim International GmbH
• Ceva
• Elanco
• IDEXX Laboratories, Inc.
• Indian Immunologicals Ltd.
• Merck & Co., Inc.
• Norbrook
• Vetoquinol
• Virbac
• Zoetis Services 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.

AI Code Tools Market Estimated To Flourish By 2030: Grand View Research Inc.

 AI Code Tools Market Growth & Trends

The global AI code tools market size is expected to reach USD 26.03 billion by 2030, registering a CAGR of 27.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as growing adoption of Low-Code/No-Code platforms, and increased investments in AI code tool startups are driving the growth of the market. Businesses need to deliver features and products quickly to stay competitive. AI code tools empower developers to iterate on code faster and deliver projects quicker.Low-code/No-Code platforms make development accessible to non-programmers, further expanding the potential user base for AI code tools.

Cloud computing provides the scalability and processing power needed to run complex AI algorithms behind AI code tools. Advancements in cloud infrastructure further enhance these tools' capabilities. The digital age demands a constant stream of new applications and functionalities. AI code tools automate repetitive tasks and generate code snippets, freeing up developers to tackle complex problems and accelerate development cycles. The global software development industry faces a skilled developer gap. AI code tools bridge this gap by making development tasks easier for less experienced developers, increasing overall developer productivity.

The adoption of Agile and DevOps methodologies emphasizes continuous integration and continuous deployment (CI/CD), necessitating tools that can accelerate development and deployment. Moreover, the need to detect and fix bugs early in the development process drives the adoption of AI-powered code analysis and review tools. Furthermore, increasing cybersecurity threats necessitate the use of AI tools to identify and mitigate vulnerabilities in tools. Automating repetitive and time-consuming tasks can significantly reduce development costs and enable developers to focus on more critical aspects of software development.

Request a free sample copy or view report summary: AI Code Tools Market Report

AI Code Tools Market Report Highlights

• The North America region dominated the market in 2023, accounting for the largest share of global revenue. North American businesses are early adopting new technologies. This openness to innovation drives the rapid uptake of AI code tools in the region.
• The tools segment dominated the market in 2023. AI code tools bridge the gap by making development tasks easier for less experienced programmers. Moreover, AI code tools automate repetitive tasks such as code generation and debugging, freeing developers for more strategic work.
• The code generation tools segment dominated the market in 2023. The digital age necessitates a constant stream of new software applications and features. Code generation tools automate repetitive coding tasks and generate code snippets, freeing up developers to focus on complex problems and accelerate development cycles.
• The professional services segment dominated the market in 2023. As AI code tools become more advanced, their implementation and integration require specialized expertise. Professional service providers offer consulting, training, and support to help businesses navigate this complexity and maximize the benefits of these tools.
• The cloud segment dominated the market in 2023. Cloud-based AI code tools are automatically updated and maintained by the provider. This eliminates the burden of managing software updates and infrastructure for internal IT teams, allowing developers to focus on core development tasks.
• Machine Learning(ML) segment dominated the market in 2023. Machine learning is the core technology powering AI code tools. ML algorithms analyze existing code patterns and programmer intent to suggest code completions or even generate entire code snippets. This significantly improves developer productivity.
• Data Science & Machine Learning segment dominated the market in 2023. The demand for skilled data scientists far outpaces the supply. AI code tools can empower citizen developers and analysts with basic coding skills to contribute to Directory Services Markup Language (DSML) projects, alleviating this shortage.
• The BFSI segment accounted for the largest share of the global market in 2023. The rising need to provide customized banking solutions to customers and the growing dependency on digital infrastructure for managing business operations are some of the key factors driving the growth of AI code tool adoption across the segment.

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

AI Code Tools Market Segmentation

Grand View Research has segmented the global AI code tools market based on offering, deployment, technology, application, vertical, and region:  

AI Code Tools Offering Outlook (Revenue, USD Billion, 2017 - 2030)

• Tools
  • Code Generation Tools
  • Code Review & Analysis Tools
  • Bug Detection Tools
  • Code Optimization Tools
  • Others
• Services
  • Professional Services
  • Managed Services

AI Code Tools Deployment Outlook (Revenue, USD Billion, 2017 - 2030)

• On-premises
• Cloud

AI Code Tools Technology Outlook (Revenue, USD Billion, 2017 - 2030)

• Machine Learning
• Natural Language Processing
• Generative AI

AI Code Tools Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Data Science & Machine Learning
• On-premises Services & DevOps
• Web Development
• Mobile App Development
• Gaming Development
• Embedded Systems
• Other Applications

AI Code Tools Vertical Outlook (Revenue, USD Billion, 2017 - 2030)

• Banking, Financial, and Insurance (BFSI)
• Healthcare and Life Sciences
• Retail
• IT & Telecommunication
• Government and Defense
• Manufacturing
• Energy & Utility
• Others

AI Code Tools Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the AI Code Tools Market

• Microsoft
• International Business Machines Corporation
• Google LLC
• Amazon Web Services, Inc.
• Salesforce, Inc.
• Meta
• OpenAI
• Replit, Inc.
• Sourcegraph, Inc.
• AdaCore

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 Is Expected To Accomplish A Valuation Of Around $5.94 Billion 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.

Window Film Market Size is Projected To Reach $16.56 Billion by 2030 with a CAGR of 5.3%

 Window Film Market Growth & Trends

The global window film market size is expected to reach USD 16.56 billion by 2030, registering a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. The global construction industry is expected to drive the market. The construction industry in emerging markets is expected to grow faster than in developed economies. The Middle East and Africa are expected to see significant growth due to massive investment in infrastructure and improved economic development.

Amid the global COVID-19 pandemic situation, the ongoing construction projects have stalled for a short period until the pandemic situation normalizes. Before the COVID-19 case, countries like China, India, Indonesia, Malaysia, Thailand, Vietnam, and Brazil experienced increased construction activity due to rapid urbanization and rising disposable income in Asia-Pacific. Growing awareness, rising demand for sustainable infrastructure, and rising government construction spending in these economies are expected to impact the forecast period positively.

Owing to the diversification of Saudi Arabia's economy from an oil-based economy to a tourism-based economy, the government of Saudi Arabia is investing heavily in infrastructure development to reduce the carbon footprint further; the green building concept is gaining popularity, which will boost demand for window films in Saudi Arabia.

Decorative window film is expected to develop at a substantial growth rate during the forecast period. Decorative window film enhances the look of the window with an exciting design. It helps reduce energy bills, blinds windows, prevents carpets and furniture from fading, and adds aesthetic value to buildings. They are widely used in residential and commercial applications, including conference rooms, offices, facade glazing, hallways, and stairwells.

Rising demand from residential and commercial applications is expected to drive demand during the forecast period. Increased tinting activity for existing windows and stricter regulations for green building development is expected to drive demand for window films for residential applications. Decorative window films are ideal for commercial applications such as restaurants, hotel foyers, conference rooms, banks, offices, and residential applications such as bathrooms, front doors, solariums, and sidelights. 

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

Window Film Market Report Highlights

• In terms of revenue, sun control accounted for more than 46.0% share in the market in 2023 and is further expected to witness prominent growth during the forecast period
• The automobile application segment dominated the global market and accounted for more than 35.8% of the market revenue share in 2023
• As of 2023, North America accounted for 32.0% share of the overall market. Increasing demand from automotive, marine, residential and commercial applications in the region are anticipated to augment market growth in the near future
• Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, On May 27, 2021, Toray Industries, Inc., successfully installed the film development machinery at its Mishima Plant. This new setup will enable the company to create advanced offerings for an increasingly sophisticated and diverse film market. The machinery can develop an array of films by leveraging precision nano-multilayer design, NANOALLOY, performance nano-coating, and other underlying technologies

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

Window Film Market Segmentation

Grand View Research has segmented the global window film market based on product, application, material and region:

Window Film Product Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2019 - 2030)

• Sun Control
• Decorative
• Security & Safety
• Privacy

Window Film Application Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2019 - 2030)

• Automotive
• Residential
• Commercial
• Marine
• Others

Window Film Material Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2019 - 2030)

• Vinyl
• Polyester
• Plastic
• Ceramic
• Others

Window Film Regional Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2019 - 2030)

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

List Of Key Players in the  Window Film Market

• 3M
• Eastman Chemical Company
• American Standard Window Film
• Saint-Gobain Performance Plastics Corporation (Solar Gard)
• Madico, Inc.
• Toray Plastics (America), Inc.
• Hanita Coatings RCA Ltd. (Avery Dennison Israel Ltd.)
• Johnson Window Films, Inc.
• Armolan Window Films
• Garware Suncontrol
• Reflectiv Window Films

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.

Retail Vending Machine Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 Retail Vending Machine Market Growth & Trends

The global retail vending machine market size is expected to reach USD 129.40 billion by 2030, registering a CAGR of 10.7% over the forecast period, according to a new report by Grand View Research, Inc. The industry growth can also be attributed to the ability of these machines to deliver goods quickly, making it an extremely convenient option for consumers. Vending machine sales appear to be a potential means of food and beverage distribution, as these machines can sell various consumables, such as cigarettes and lottery tickets, in addition to snacks and beverages. As a result, vending machine operators can create high revenue by strategically installing them in corporate buildings, schools, malls, train stations, and airports, among other locations.

In recent years, IoT technology has provided vending machine operators with the opportunity to improve their businesses by tracking products and assessing what is popular in machines. By tracking stocks through connected devices, vending machine operators can be instantly alerted about low stock levels in their vending machines, which may ultimately reduce expenses and improve customer service. According to Sigfox, the noticeable use of IoT in the vending industry is in plug-and-play smart button devices that attach to machines, enabling individuals to contact facility management instantly. By payment mode, cashless payment technology is expected to witness tremendous growth as it goes hand in hand with payment security.

Although data breaches & scams have impeded the convenience of using a debit/credit card, vending machine operators are working with certain financial institutions to implement the strictest security measures to protect both customers and operators. Operators are adopting various strategies to maximize profit by being at the right location with the right products, sourcing products in bulk, investing in intelligent vending machines to gain consumer insights, and other ways. For instance, hot food and sandwich vending machines may do well in business environments, universities, and schools, while, in most public locations, hot drinks like coffee, tea, and hot chocolate have high demand. Industry players face intense competition from each other, as some of them operate at several locations and have large customer bases. The presence of many small-scale players is also leading to increased competition.

Request a free sample copy or view the report summary: Retail Vending Machine Market Report

Retail Vending Machine Market Report Highlights

• North America accounted for the highest market share in 2021. This region is projected to register a significant CAGR over the forecast period
• The rapid rise of self-service technology in this region has created new business avenues for vending machines. Thus, several operators are focusing on launching their businesses in strategic locations across the region
• The cashless payment segment is estimated to register the fastest CAGR from 2022 to 2030 as this payment method offers convenience and logistical solutions
• Moreover, handling cash in vending machines is a costly process for operators, in terms of time spent collecting and counting money and losses incurred through vandalism and theft
• The office segment is likely to remain at the forefront throughout the forecast period. Vending machines are installed in workplaces to offer employees a convenient, affordable, and quick option for buying food

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

Retail Vending Machine Market Segmentation

Grand View Research has segmented the global retail vending machine market based on type, payment mode, application, and region:

Retail Vending Machine Type Outlook (Revenue, USD Million, 2017 - 2030)

• Food
• Beverage
• Games/Amusement
• Tobacco
• Candy & Confectionery
• Beauty & Personal Care
• Ticket
• Others (Ice-cream Vending Machines, Pharmacy, Vending Machine, etc.)

Retail Vending Machine Payment Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Cash
• Cashless

Retail Vending Machine Application Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial Places
• Offices
• Public Places
• Others

Retail Vending Machine Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Retail Vending Machine Market

• Azkoyen Group
• Cantaloupe Systems
• Westomatic Vending Services Limited
• Royal Vendors, Inc.
• Glory Ltd.
• Sanden Holding Corp.
• Seaga Manufacturing Inc.
• Orasesta S.p.A
• Sellmat s.r.l.
• Fuji Electric 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.

Hydrogen Generation Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 

Hydrogen Generation Market Growth & Trends

The global hydrogen generation market size is expected to reach USD 317.39 billion by 2030, registering a CAGR of 9.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global hydrogen generation market is likely to be driven by the growing demand for cleaner fuel, coupled with increasing governmental regulations for the desulphurization of petroleum products.

Hydrogen is an effective energy carrier, and this quality is expected to contribute, significantly, to its further penetration into newer markets. The global electricity demand is anticipated to witness an increase by nearly two-thirds of the current demand in the forecast period. Focus on the projects, related to distributed power & utility, expected to bolster the demand for hydrogen generation market growth during the forecast period.

The Methane Reforming segment led the market in 2021. This was the dominant segment in 2021 and is expected to keep its position during the forecast period. Steam Methane reforming is a method for producing hydrogen, along with other gases including carbon monoxide and carbon dioxide. The steam methane reforming process is a mature and advanced technology in hydrogen generation. The growing demand for hydrogen generation across the globe is a crucial driving factor for steam methane reformers technology, as steam methane reforming is the most economical method for hydrogen generation.

In Application, the ammonia production segment led the market in 2021. The ammonia segment will keep its lead during the forecast period. The future growth of the hydrogen generation market is expected to have steady growth in all the segments as application cases for hydrogen increase.

In source, the natural gas segment led the market in 2021. Hydrogen is created from natural gas reforming which produces hydrogen, carbon monoxide, and carbon dioxide. Hydrogen production from natural gas is the cheapest method of producing hydrogen. Hydrogen production from natural gas is expected to keep its lead during the forecast period.

Based on systems, the merchant generation segment led the market in 2021. Merchant generation of hydrogen means hydrogen is produced at a central production facility. It is transported and sold to the consumer by bulk tank, pipeline, or cylinder truck. In many countries such as the U.S., Canada, and Russia there is an extensive existing natural gas pipeline network that could be used to transport and distribute hydrogen. The merchant generation segment is expected to keep its lead during the forecast period.

Growing investments in smart “energy-saving” residential and commercial buildings are expected to provide an impetus toward the adoption of hydrogen for energy generation. Hydrogen is a financially viable option to investors as they also comply with federal and environmental regulations, catering to the ever-increasing demand for energy. Factors including shifting trend toward cleaner energy and favorable government regulations are contributing to the development of the hydrogen generation market. 

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

Hydrogen Generation Market Report Highlights

• Coal gasification hold a revenue share of 34.0% in 2023. The use of coal to generate hydrogen for the transportation sector is expected to aid America in reducing its dependency on imported petroleum products.
• The ammonia production segment dominated the market and accounted for more than 21.0% of the revenue share in 2023
• As of 2023, Asia Pacific accounted for about 35.14% revenue share in the overall market. The presence of a high number of refineries within major Asian nations such as China and India has resulted in hydrogen generation within the region. Further, governments in some of the Asia Pacific countries such as Japan and Australia are evaluating greener and cleaner technologies for hydrogen generation.
• Various strategic initiatives were recorded during the past few years to boost the growth of the market. For instance, in 2019 Linde Plc announced that it has started a new gas production facility that supplies methane, carbon dioxide, and, hydrogen to Evonik Industries. The new plant is likely to incorporate advanced technologies that would enhance the plant's efficiency and reliability.

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

Hydrogen Generation Market Segmentation

Grand View Research has segmented the hydrogen generation market based on technology, application, system, source, and region: 

Hydrogen Generation Technology Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2018 - 2030)

• Steam Methane Reforming
• Coal Gasification
• Others

Hydrogen Generation Application Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2018 - 2030)

• Methanol production
• Ammonia Production
• Petroleum Refining
• Transportation
• Power Generation
• Others

Hydrogen Generation System Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2018 - 2030)

• Captive
• Merchant

Hydrogen Generation Source Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2018 - 2030)

• Natural Gas
• Coal
• Biomass
• Water

Hydrogen Generation Regional Outlook (Volume, Million Metric Tons; Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of Hydrogen Generation Market

• Air Liquide International S.A
• Air Products and Chemicals, Inc
• Hydrogenics Corporation
• INOX Air Products Ltd.
• Iwatani Corporation
• Linde Plc
• Matheson Tri-Gas, Inc.
• Messer
• SOL Group
• Tokyo Gas Chemicals 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.

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

Activated Carbon Market Growth & Trends

The global activated carbon market size is expected to reach USD 4.80 billion by 2030 to expand at a CAGR of 3.7% from 2024 to 2030 according to a new report by Grand View Research, Inc.  This increase can be attributed by the need for a powdered and granular form is expected to increase as the demand for water and air purification in coal-fired plants grows and clinker cement industries.

Asia Pacific dominated the regional segment due to the growing industrialization in Japan and the developing economies. North America is another key region contributing to market growth due to stringent emission regulations in the region.

Various regulatory agencies have enacted strict environmental pollution control policies and encouraged the use in air and water treatment plants, which is expected to boost the market throughout the anticipated period. Implementation of regulations by various governments is expected to drive the product consumption in the forecast period.

The supply chain of the raw materials was drastically impacted by the COVID-19 outbreak, which further affected the production and consumption patterns globally. Powdered carbon type has dominated the product consumption since last decade. Consequently, halt in production of non-essential chemicals, ingredients or industrial products has drastically hampered demand. This resulted in negative impact on the market in 2020.

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

Activated Carbon Market Report Highlights

• Powdered activated carbon segment dominated the type segment as they are used in water treatment which is the major end use industry of the market
• Asia Pacific witnessed the fastest growth rate due to factors like large availability of good quality coconut shell. The regional market is also driven by growing disposable income, surge in the automotive industry
• Companies such as Cabot Corporation have fully integrated their processes. Raw material procuring, product preparation and distribution processes are fully integrated. The full integration strategy adopted by companies is done to offset the volatility involved in raw material procurement and to implement strict quality parameters on production
• The spread of COVID-19 has negatively impacted each and every sector including chemical. The supply chain of raw materials of silicone-based adhesion market drastically impacted the production and consumption pattern

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

Activated Carbon Market Segmentation

Grand View Research has segmented the global activated carbon market report based on raw material, product, application, end-use, and region:

Activated Carbon Type Outlook (Revenue, USD Thousand; Volume, tons; 2018 - 2030)

• Powdered
• Granular
• Others

Activated Carbon Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Liquid Phase
• Gas Phase

Activated Carbon End-use Outlook (Revenue, USD Thousand; Volume, tons; 2018 - 2030)

• Water Treatment
• Food & Beverage Processing
• Pharmaceutical & Medical
• Automotive
• Air Purification
• Others

Activated Carbon Regional Outlook (Revenue, USD Thousand; Volume, tons; 2018 - 2030)

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

List of Key Players of Activated Carbon Market

• CarbPure Technologies
• Boyce Carbon
• Cabot Corporation
• Kuraray Co.
• CarboTech AC GmbH
• Donau Chemie AG
• Haycarb (Pvt) Ltd.
• Jacobi Carbons Group
• Kureha Corporation
• Osaka Gas Chemicals Co., Ltd.
• Evoqua Water Technologies LLC
• Oxbow Activated Carbon LLC
• Carbon Activated Corporation
• Hangzhou Nature Technology Co., Ltd.
• Datong Coal Jinding Activated Carbon Co.
• CarbUSA, Sorbent JSC

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.

Fire Safety Equipment Market is Thriving $82.02 Billion Revenue by 2030: Grand View Research Inc.

 

Fire Safety Equipment Market Growth & Trends

The global fire safety equipment market size is expected to reach USD 82.02 billion by 2030, expanding at a CAGR 6.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Fire safety equipment plays an important role in safeguarding and alerting residents or occupants in a facility from potential fire hazards. Additionally, fire safety equipment helps save from the potential damages fire can inflict on property and life. The increased awareness regarding the vast benefits of fire safety equipment has led to a notable rise in the adoption of a variety of fire safety solutions in residential as well as commercial settings. Initially, the adoption in developing countries was low as compared to developed countries, owing chiefly to monetary constraints and a general lack of awareness among consumers. However, conscious efforts from various systems manufacturers, integrators, and dealers have helped improve the level of awareness.

By launching numerous fire safety programs and enlightening consumers about the vast benefits of fire safety equipment such as fire alarm and detection systems, fire safety equipment companies have drawn the attention of small & medium enterprises (SMEs) as well as large enterprise. This has paved the path for the market to grow steadily over the past few years. The ubiquity of high-cost advanced electronics systems in commercial and industrial facilities has further increased the need to be equipped with fire safety equipment.

Stringent fire safety regulations and standards mandating the installation of fire safety equipment in residential as well as commercial areas in several countries is also likely to boost market growth. For instance, In-duct smoke detection NFPA Standard 90A and the three model Mechanical Codes developed by the model building code groups BOCA, ICBO, and SBCCI, all require smoke detectors to be installed in certain ducts of building HVAC systems so these systems can automatically shut down during fires.

The market is also likely to benefit from advancements in wireless sensor networks and the increased adoption of wireless fire sensing devices. Growing awareness about combating fire hazards along with a substantial rise in building infrastructure development activities are also expected to be high-impact drivers for the market. Organizations across the globe are increasingly spending on the safety and security of infrastructure to reduce human losses. Implementation of fire safety codes for building and renovation activities is further expected to stimulate the demand for fire safety equipment across the globe.

Request a free sample copy or view report summary: Fire Safety Equipment Market Report

Fire Safety Equipment Market Report Highlights

• Reconstruction activities along with the implementation of safety codes against fire protection will positively impact market growth
• Advancements in technology, including wireless alarm systems, smoke detectors, and water mist technology, will further boost growth
• The rise in awareness regarding fire safety equipment and the dangerous outcomes is expected to propel market growth. However, high replacement costs of traditional fire equipment would hamper the market growth
• The European Norm, National Fire Protection Act, among many other local regulations as well as listings, building codes, and approvals by nationally recognized testing laboratories have mandated the construction authorities to equip the infrastructures with adequate fire suppression and detection systems

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

Fire Safety Equipment Market Segmentation

Grand View Research has segmented the global fire safety equipment market based on solution, application, and region:

Fire Safety Equipment Solution Outlook (Revenue, USD Million, 2018 - 2030)

• Detection
  • Detector
  • Alarm
• Suppression
  • Extinguisher
  • Sprinkler

Fire Safety Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial
• Industrial
• Residential

Fire Safety Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Fire Safety Equipment Market

• Eaton
• Gentex Corp.
• Halma plc
• Hochiki Corp.
• Honeywell International, Inc.
• Johnson Controls
• Napco Security Technologies, Inc.
• Nittan Company Ltd.
• Robert Bosch GmbH
• Siemens Building Technologies
• Space Age Electronics
• United Technologies Corp

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.