Broadband Services Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Broadband Services Market Growth & Trends

The global broadband services market size is estimated to reach USD 875.06 billion by 2030, according to the new report by Grand View Research, Inc. The market is estimated to expand at a decent CAGR of 9.8% from 2025 to 2030. The rapidly escalating demand for broadband services due to their ability to offer higher date access to the internet using a wide spectrum of technologies is a major propeller of market growth of the market.

The market is positioned to register strong growth over the forecast period, driven primarily by the steep demand in the market. The high demand is supported by proactive government initiatives, technological advancements for improved user convenience, consumer awareness, and increased usage of devices-such as mobile phones, tablets, MIDs, and eBooks-requiring a broadband connection. The internet speed and widespread availability of broadband services are notable growth-contributors.

Some of the key market trends in the market include the following: strategic usage of broadband pre-registration indices to collect market data regarding price, engineering decisions, and user preferences; online registration of broadband services makes the process transparent and user-friendly; electronic signature in registration documents and validation of identity proofs aids in maintaining an automatic contract status and limits malpractice; system integration is increasingly emphasized to offer a one-stop-shop service for all marketing, mails, management, installation, and customer support needs; and finally, B2C models are increasingly focused on impacting crowd mentality to attract a larger customer base.

The COVID-19 pandemic has rendered a positive impact on the broadband services as digital consumption has witnessed a sharp rise over the last few weeks. Work-from-home concepts in most business, online classes in education formats, higher usage of video calls for conferences and personal uses, online shopping of essential items, and higher viewership of entertainment content have notably increased the requirement for broadband services. Investment in companies to adopt digital channels for product promotion and sales is also likely to surge in the near future. Besides speed, add-on services are a key attraction for customers, thereby leveling up the competitive rivalry in the market.

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Broadband Services Market Report Highlights

• Asia Pacific regional market accounted for the largest market share in 2024, owing to the widescale usage of broadband services
• The fiber optics segment dominated the market due to its speedy connection, large-scale adoption, and continuously evolving technology
• Wireless broadband services are positioned to demonstrate double-digit growth momentum over the forecast period
• Increased adoption of broadband services during COVID-19 has prominently augmented market growth and fueled the digital revolution in business models

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Broadband Services Market Segmentation

Grand View Research has segmented the global broadband services market report based on broadband connection, end use, and region:

Broadband Services Broadband ConnectionOutlook (Revenue, USD Billion, 2018 - 2030)

• Fiber Optic
• Wireless
• Satellite
• Cable
• Digital Subscriber Line (DSL)

Broadband Services End Use Outlook (Revenue, USD Billion, 2018 - 2030)

• Business
• Household
• Others

Broadband Services Regional Outlook (Revenue, USD Billion. 2018 - 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)
  • KSA
  • UAE
  • South Africa

List of Key Players of Broadband Services Market

• AT&T
• BCE Inc
• Charter Communications
• Hughes Network Systems, LLC
• Comcast
• CenturyLink
• KT Corp.
• LG Uplus Corp.
• Singtel
• SK broadband CO.LTD.
• T?Mobile USA, Inc.
• Verizon
• Viasat, 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.

Virtual Power Plant Market Set to Surge Significantly During 2025-2030: Grand View Research Inc.

 Virtual Power Plant Market Growth & Trends

The global virtual power plant market size is anticipated to reach USD 16.65 billion by 2030 and is anticipated to expand at a CAGR of 22.3% from 2025 to 2030, according to a new report by Grand View Research. Virtual power plants (VPPs) can play a significant role in reducing carbon emissions in the energy sector. Virtual power plants can be programmed to prioritize the use of clean energy sources and minimize the use of carbon-intensive generation sources when possible, thus lowering overall emissions associated with electricity production. Through advanced control algorithms and real-time monitoring, virtual power plants can optimize energy production and consumption, reducing energy waste and associated emissions.

Virtual power plants offer several benefits to customers, both residential and commercial, by providing them with greater control over their energy consumption and cost savings. Customers can reduce their energy bills by participating in virtual power plant programs. Virtual power plant enables customers to take advantage of time-of-use pricing and demand response opportunities, allowing them to shift energy consumption to lower-cost periods and avoid peak-demand charges. Virtual power plants often come with advanced energy management tools and applications that allow customers to monitor and control their energy usage in real-time.

Stringent government regulations can play a significant role in driving the use of virtual power plants. Regulations aimed at reducing greenhouse gas emissions often incentivize adopting clean energy technologies. Virtual power plants, by enabling the integration of renewables and demand response, contribute to reducing carbon emissions in the energy sector, aligning with government emission reduction goals. Governments often invest in grid modernization efforts to improve the overall efficiency and intelligence of the power grid.

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Virtual Power Plant Market Report Highlights

• In terms of technology, the demand response segment dominated the market in 2024. The demand response segment aligns with the broader sustainability goals, making it a critical driver of the VPP market's growth as the world increasingly transitions towards greener and more responsive energy systems.
• In terms of end use, the industrial segment dominated the market in 2024. The growth of the segment can be attributed to its substantial energy demands, complex energy management needs, and the potential for significant cost savings and carbon footprint reduction through VPP adoption.
• North America dominated the regional market in 2024. The growing awareness of the benefits of renewable power is leading to a rise in demand for renewables such as wind, solar, and hydropower in North America. Furthermore, supportive government initiatives in the region are promoting the development of renewable energy sources, which is expected to drive the demand for virtual power plants, thus driving the growth of the regional market.
• In June 2023, SolarEdge Technologies, Inc., a smart energy technology leader, unveiled its 1st battery virtual power plant that provides grid support through the U.K.'s National Grid ESO Demand Flexibility Service (DFS). This service can be leveraged for SolarEdge home battery owners with eligible smart meters across the U.K. and provides them financial incentives to utilize their stored battery energy during DFS demand events.

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Virtual Power Plant Market Segmentation

Grand View Research has segmented the global virtual power plant market report based on technology, end use, and region:

Virtual Power Plant Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Distributed Energy Resource
• Demand Response
• Mixed Asset

Virtual Power Plant End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Industrial
• Commercial
• Residential

Virtual Power Plant Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Virtual Power Plant Market

• Siemens AG
• TOSHIBA CORPORATION
• Next Kraftwerke GmbH
• Hitachi, Ltd.
• ABB Ltd.
• Tesla, Inc.
• AutoGrid Systems, Inc.
• Limejump Limited
• Sunverge Energy, Inc.
• Centrica plc

About Grand View Research

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

Electric Bus Battery Pack Market overview and rising dependency on factors 2025 – 2030: Grand View Research Inc.

 The global electric bus battery pack market size was estimated at USD 4,292.2 million in 2024 and is expected to expand at a CAGR of 12.5% from 2025 to 2030. A growing global push for sustainable transportation and reduced emissions in urban areas. Cities worldwide are implementing strict environmental regulations and setting ambitious zero-emission goals, prompting transit authorities to transition their fleets from diesel to electric buses.

Government incentives and subsidies play a crucial role in market growth. Many countries offer substantial financial support to offset the higher initial costs of electric buses and their battery packs. China's New Energy Vehicle (NEV) subsidies have significantly boosted adoption, while the European Union's Clean Vehicles Directive mandates minimum procurement targets for clean buses. In the U.S., the Federal Transit Administration's Low or No Emission Vehicle Program provides funding for state and local governments to purchase electric buses and related infrastructure, thus boosting the market’s growth.

Rapid urbanization has led to a surge in public transportation demand, which necessitates efficient, eco-friendly alternatives to traditional buses. Cities worldwide are adopting electric buses to combat air pollution and reduce operational costs. For instance, Shenzhen, China, became the first city to fully electrify its bus fleet, deploying over 16,000 electric buses. This shift drives the demand for high-performance, long-lasting battery packs, as urban transit authorities prioritize vehicles with higher energy density and extended range.

Technological advancements and declining battery costs are also significantly benefiting the electric bus battery pack industry. The cost of lithium-ion batteries has decreased dramatically over the past decade, making electric buses more commercially viable. Improvements in battery chemistry and energy density have also addressed range anxiety concerns, with modern electric buses capable of operating for entire days on a single charge. For instance, BYD's latest battery packs offer ranges exceeding 300 kilometers, while manufacturers such as CATL and LG Energy Solution continue to develop advanced battery technologies with faster charging capabilities and longer lifespans. Additionally, innovations in battery thermal management systems have enhanced performance and safety, particularly in extreme weather conditions, making electric buses more reliable for year-round operation.

Key Electric Bus Battery Pack Company Insights

The market is characterized by intense competition. Key players such as BYD, CATL, LG Energy Solution, and Samsung SDI dominate the market with advanced battery technologies, high energy densities, and robust supply chain networks. The competitive environment is further intensified by the entry of new players, partnerships, and collaborations aimed at enhancing battery efficiency, reducing costs, and increasing energy storage capacities. Regional players are leveraging government incentives and local production capabilities to gain market share, while established companies focus on R&D, vertical integration, and scaling production to maintain their competitive edge.

• In September 2024, CATL, a major Chinese battery manufacturer, launched its new TECTRANS LFP battery range at the IAA Transportation 2024 event in Germany. This innovative battery system is designed specifically for commercial vehicles, including heavy-duty trucks and electric buses, with a focus on enhanced performance and sustainability. The TECTRANS - Bus Edition features an impressive energy density of 175 Wh/kg, which CATL claims is the highest for lithium iron phosphate (LFP) chemistry in bus applications. This model is engineered for long-distance passenger transport, enhancing vehicle layout flexibility and energy efficiency
• In October 2023, Scania unveiled its new battery-electric bus platform at Busworld, showcasing a commitment to sustainable transport solutions. This platform introduces low-entry 4×2 buses equipped with batteries that can store up to 520 kWh of energy, allowing for a range of over 500 km under optimal conditions.

Key Electric Bus Battery Pack Companies:

The following are the leading companies in the electric bus battery pack market. These companies collectively hold the largest market share and dictate industry trends.

• CATL
• WattEV
• Hitachi
• LG Energy Solution
• SK Innovation
• XALT Energy
• Tesla
• Proterra
• BYD
• Samsung SDI

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.

Rare Earth Elements Market is Anticipated to Upgrade $6.28 Billion Revenue By 2030: Grand View Research Inc.

 Rare Earth Elements Market Growth & Trends

The global rare earth elements market size is estimated to reach USD 6.28 billion by 2030, registering to grow at a CAGR of 8.6% from 2025 to 2030 according to a new report by Grand View Research, Inc. The growing use of permanent magnets in the production of batteries for electric vehicles is expected to propel the demand for rare earth elements including neodymium, praseodymium, dysprosium, gadolinium, and terbium over the forecast period. Neodymium and praseodymium based rare earth permanent magnets are majorly used in the manufacturing of batteries.

The growing demand for electric vehicles coupled with the government initiatives on reducing the CO₂ emissions is expected to boost the demand for permanent magnets. In March 2019, the Chinese government reduced subsidies for electric vehicles in order to promote innovation amongst local manufacturers on account of declining costs. The incentives for electric cars with less than 400 km range decreased from 50,000 yuan to 25,000 yuan, while the incentives for vehicles ranging less than 250 km have been eliminated.

According to USGS, China holds the largest amount of reserves with 44 million tons and Malaysia holds the least amount of reserves with 30 thousand tons. It also stated that the U.S. has USD 6.2 trillion worth of mineral reserves. However, the stringent regulatory policies towards mining in the U.S. has forced the companies to import the raw materials from China. Hence, the production of raw material has been a major challenge for the U.S companies.

The increasing prices of rare earth elements and high investments to open new mines have given rise to recycling of the product. Japan is one of the major producer of recycled rare earth elements. In 2010, Hitachi developed a new technology for recycling rare-earth magnets from air conditioners and hard disk drives. It can separate recycle magnets approximately eight times more efficiently than conventional methods. In 2012, The Honda Corporation opened the first rare earth recycling plant. The company utilized used automotive parts containing metals to produce rare earth elements.

The key players in the rare earth elements market are involved in acquisitions, expansions, and long term binding agreements with their customers. In Nov 2017, Hitachi Metals Ltd acquired Santoku Corporation, a Japanese manufacturer of alloys. This strategy was aimed at accelerating the production of neodymium magnet alloys in order to achieve sustainable growth in the global market.

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Rare Earth Elements Market Report Highlights

• Neodymium is used in the production of permanent magnets and accounted for the highest revenue share of 30.3% in 2024. Neodymium was the leading segment and is anticipated to witness a CAGR of 8.1% over the forecast period.
• Magnets was the largest application segment in 2024 and accounted for about 41.0% of the global revenue share.
• Asia Pacific was the dominant region, with a revenue share of over 86% in 2024.

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Rare Earth Elements Market Segmentation

Grand View Research has segmented the global rare earth elements market based on product, application and region:

Rare Earth Elements Product Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

• Cerium
• Dysprosium
• Erbium
• Europium
• Gadolinium
• Holmium
• Lanthanum
• Lutetium
• Neodymium
• Praseodymium
• Promethium
• Samarium
• Scandium
• Terbium
• Thulium
• Ytterbium
• Yttrium

Rare Earth Elements Application Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

• Magnets
• Catalysts
• Metallurgy
• Polishing
• Glass
• Phosphors
• Ceramics
• Others

Rare Earth Elements Regional Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

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

List of Key Players in Rare Earth Elements Market

• Alkane Resources Ltd
• Arafura Resources Ltd
• Avalon Advanced Materials Inc.
• China Northern Rare Earth (Group) High-Tech Co., Ltd.
• Greenland Minerals Ltd
• Hitachi Metals Ltd.
• Iluka Resources Limited
• Indian Rare Earth Limited
• Lynas Corporation Ltd
• Northern Minerals Ltd
• Rare Element Resources Ltd.
• Shin-Etsu Chemical Co., Ltd.
• Ucore Rare Metals 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.

Polyamide Market Significant Profits Estimated to be Generated by 2030: Grand View Research Inc.

 Polyamide Market Growth & Trends

The global polyamide market size is expected to reach USD 59.27 billion by 2030, registering a CAGR of 6.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of polyamide in numerous industries, including automotive, electrical and electronics, consumer goods and appliances, packaging, and textiles is projected to fuel the market growth during the forecast period. Polyamides are widely used in the exterior parts of vehicles such as front-end grilles, fuel caps, wheel covers, doors, exterior mirrors, and tailgate handles.

Polyamide composites are expected to witness high demand from the automotive industry due to factors such as excellent mechanical properties, wear resistance, and the growing need for lightweight vehicles in order to improve fuel efficiency. Polyamide has been extensively used in the engine compartment to replace steel parts owing to the benefits derived from them such as lower weight and greater design flexibility as against traditional metals.

Key players in the market are continuously carrying out innovations and developing new versions of polyamide compatible with new polymer processing technologies. For instance, in May 2021, Evonik Industries AG successfully tested its INFINAM PA 6005 P (polyamide 613 material) on the ST252P and HT403P laser sintering 3D printing systems developed by Farsoon Technologies. The INFINAM PA 6005 P with a high melting point of 215°Cexhibited compatible properties to be processed by 3D printing systems.

In addition, the establishment of global partnerships to increase dominance in advanced materials is expected to drive the market over the forecast period. In May 2020, LANXESS announced the formation of a new supplier partnership with Chase Plastics. This partnership is expected to create a distribution channel for Durethan PA6 and Pocan PBT developed by LANXESS.

Environmental awareness has propelled many electronics companies to utilize bio-based polyamides as a part of their sustainability goals and they have deployed the production of the same to support the strong growth in demand for advanced bio-circular materials. This can prove to be one of the major driving factors for the production of polyamides over the forecast period. In April 2021, Arkema announced to begin the production of Amino 11, a bio-based polyamide, at its new plant on Jurong Island, Singapore. This plant is expected to utilize castor beans to produce bio-based polyamide and it represents a 50% increase in Arkema’s global polyamide 11 capacity.

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Polyamide Market Report Highlights

• The polyamide 6 product segment recorded the largest market revenue share of over 51.0% in 2024. Polyamide 6, known as Nylon 6, is a synthetic polymer made from a single monomer, caprolactam.
• The engineering plastics segment recorded the largest market share of over 58.0% in 2024. The growing demand for lightweight, durable, and high-performance materials in industries such as automotive and electronics is a major driver for the polyamide-based engineering plastics market.
• Asia Pacific polyamide market dominated and accounted for the largest revenue share of over 43.0% in 2024 and is anticipated to grow at the fastest CAGR of 5.1% over the forecast period.
• The North America polyamide market is primarily driven by its robust automotive and aerospace industries, which are major consumers of these engineering plastics.

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Polyamide Market Segmentation

Grand View Research has segmented global polyamide market report based on product, application, and region:

Polyamide Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Polyamide 6
• Polyamide 66
• Bio-based Polyamide
• Specialty Polyamides

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

• Engineering Plastics
  • Automotive
  • Electrical & Electronics
  • Consumer Goods & Appliances
  • Packaging
  • Others
• Fibers
  • Textile
  • Carpet
  • Others

Polyamide Region Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Polyamide Market

• BASF
• Evonik AG
• Arkema
• Solvay
• Domo Chemicals
• DSM-Firmenich
• Lanxess
• DuPont
• TORAY INDUSTRIES, INC.
• Ascend Performance Materials
• Koch IP Holdings, LLC.
• Advansix
• Celanese Corporation
• Huntsman International LLC
• Mitsui Chemicals

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.

Car DVR Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 Car DVR Market Growth & Trends

The global car DVR market size is expected to reach USD 4.20 billion by 2030, registering a CAGR of 5.0% from 2025 to 2030, according to a new report by Grand View Research, Inc.

Technological advancements and growing awareness pertaining to in-car safety are expected to boost global car DVR market growth. Increasing demand for such dash cams in commercial and passenger vehicles has further bolstered industry growth.

Car DVRs are compact cameras attached to the windshield or the dashboard that record video in a digital format to a storage device. Rising number of road mishaps across the globe is expected to have a positive impact on growth of car DVR market. These devices help in collecting legitimate evidences against offender and can be produced in courts in matters of disputes.

Increasing car thefts and acts of vandalism are further expected to impel industry growth, as these dash cams can provide surveillance in the parking mode of operation, even in the absence of driver.

However, invasion of privacy, particularly in the U.S. and European countries, is expected to pose as a challenge for the industry. Hackers can compromise security of these systems by accessing wireless data exchanges among vehicles.

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Car DVR Market Report Highlights

• The single-channel segment accounted for the largest revenue share in the global car DVR industry in 2024. Dual-channel dash cams comprise two cameras, one for front view and other for rear view video recording, providing a high-resolution video feed. Dual-channel systems are more expensive than single-channel systems; however, they are expected to be a considerable revenue generation medium for DVR manufacturers.
• Vendors are offering various types of dash cams, ranging from basic single-channel video cameras to the ones that record parameters such as date/time, speed, G-forces, and location. Advanced dash cams with features such as smartphone connectivity, HD LCD screens, integrated GPS, expandable storage, and night vision are increasingly being launched in the market. Moreover, the system monitors trigger events such as excessive speed, sudden movements such as collisions or hard braking, and vandalism, and notifies users with alerts and image playback on its proprietary smartphone application.
• North America accounted for the largest revenue share in the global car DVR market in 2024. Extensive use of advanced dash cams in police and patrol vehicles is expected to ensure a steady growth in this region. Initiatives by the government and authorities have led to an overall increase in the use of dash cam systems in the U.S.
• The Asia Pacific region is expected to advance at the fastest CAGR in the car DVR market from 2025 to 2030. Major manufacturers in the industry are based in countries from the Asia Pacific region, such as Taiwan and China, owing to cheap labor and higher production capacities. This has led to an increased awareness and adoption of such in-vehicle cameras in the region.

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Car DVR Market Segmentation

Grand View Research has segmented the global car DVR market report based on product, application, and region:

Car DVR Product Outlook (Revenue, USD Million, 2018 - 2030)

• Single Channel
• Dual Channel

Car DVR Application Outlook (Revenue, USD Million, 2018 - 2030)

• Passenger Cars
• Commercial Vehicles

Car DVR Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Car DVR Market

• AUTO-VOX
• Cansonic Das
• Cobra Electronics Corporation
• Digilife Technologies Co., LTD.
• DOD Tech
• Garmin Ltd.
• HUNYDON
• JADO
• Koninklijke Philips N.V.
• PAPAGO
• Pittasoft Co. Ltd.
• Portable Multimedia Ltd T/A Nextbase
• Qrontech Co., LTD
• Rexing Inc
• Shenzhen Firstscene Technology 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.

Veterinary Pain Management Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Veterinary Pain Management Market Growth & Trends

The global veterinary pain management market size is expected to reach USD 3.82 billion in 2030 and is projected to grow at a CAGR of 6.80% from 2025 to 2030. The primary drivers of market growth include the advent of monoclonal antibodies in OA associated pain control, rising prevalence of diseases in animals such as osteoarthritis, rising pet ownership, increasing number of veterinarians, and increasing animal health expenditure.  In May 2023, Zoetis’s Librela mAb received the U.S. FDA approval for use in dog OA pain control. Moreover, pet insurance adoption is increasing due to a number of factors, including pet humanization, a growing pet population, greater initiatives by major companies, and rising veterinary care expenses.

Increasing number of veterinarians is expected to fuel the market growth. For instance, according to AVMA, there were a total of 127,131 vet practitioners in the U.S. veterinarians are now better equipped with tools and knowledge to identify and address pain in animals, whether it's acute or chronic. Moreover, there’s a greater emphasis on educating veterinarians about recognizing and managing pain in animals. Veterinary schools are incorporating pain management into their curricula, and continuing education programs keep practicing veterinarians up-to-date on the latest techniques and medications. Overall, the increasing number of veterinarians driving the veterinary pain management market reflects a positive shift towards better care and understanding of animals' needs, aligning with the broader trend of humanizing pets and recognizing their emotional and physical well-being.

Veterinary pain management has become a crucial aspect of pet care, particularly with conditions such as cancer, where pain can be a significant symptom. With the increase in cancer cases among dogs, there's likely a corresponding increase in the demand for effective pain management solutions in veterinary practice. Approximately fifty percent of dogs over the age of ten develop cancer. Cancer in dogs occurs at a rate similar to that of humans. There are certain cancers that affect cats more frequently than dogs, like lymphoma. In order to help manage pain in dogs with cancer, veterinarians frequently combine pharmaceuticals, such as analgesics and anti-inflammatory medicines, with complementary therapies, such as acupuncture and physical therapy.

Furthermore, key mergers and acquisitions, regional expansions, product launches, etc., to increase their foothold in the market. For instance, in January 2024, Ceva acquired Scout Bio, a leading biotechnology firm specializing in advanced therapies for pets. This acquisition marks a substantial advancement for Ceva, granting access to groundbreaking treatments such as monoclonal antibodies and gene therapy aimed to tackle chronic pet diseases.

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Veterinary Pain Management Market Report Highlights

• The NSAIDs segment led the market with the largest revenue share of 85% in 2024. and is anticipated to grow at a lucrative CAGR over the forecast period
• Based on indication, the osteoarthritis (OA) segment led the market with the largest revenue share of 68.11%in 2024
• Based on animal, the production animals segment led the market with the largest with the largest revenue share of 64% in 2024.
• Based on route of administration, the oral segment led the market with the largest revenue share of 43.55% in 2024
• Based on mode of purchase, the prescription segment led the market with the largest revenue share of 84.05% in 2024
• Based on end use, the hospitals & clinics segment led the market with the largest revenue share of 82.49% in 2024
• North America dominated the veterinary pain management market with the largest revenue share of 39.56% in 2024

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Veterinary Pain Management Market Segmentation

Grand View Research has segmented the global Veterinary Pain Management market report based on application, end use, and region:

Veterinary Pain Management Product Outlook (Revenue, USD Million, 2018 - 2030)

• NSAIDs
• Anesthetics
• Opioids
• Others

Veterinary Pain Management Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Osteoarthritis
• Postoperative Pain
• Others

Veterinary Pain Management Animal Outlook (Revenue, USD Million, 2018 - 2030)

• Production Animals
• Companion Animals

Veterinary Pain Management Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Parenteral
• Oral
• Topical

Veterinary Pain Management Mode of Purchase Outlook (Revenue, USD Million, 2018 - 2030)

• Prescription
• OTC

Veterinary Pain Management End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals & Clinics
• Others

Veterinary Pain Management Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Veterinary Pain Management Market

• Boehringer Ingelheim
• Vetoquinol
• Ceva Animal Health, Llc
• Chanelle Pharma (Exponent)
• Elanco
• Dechra Pharmaceuticals Plc (Eqt)
• Zoetis
• Merck & Co., Inc.
• Norbrook
• Assisi (Wind Point Partners)

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.

HVAC Systems Market Growth With Worldwide Industry Analysis To 2033: Grand View Research Inc.

 HVAC Systems Market Growth & Trends

The global HVAC systems market size is anticipated to reach USD 445.73 billion by 2033, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.0% from 2025 to 2033. The rising adoption of energy-efficient and renewable energy products is anticipated to be a significant driving factor for HVAC demand. Demand for eco-friendly systems, and advanced technology usage in products including software and automation, are a few key factors contributing to the industry’s success. The growing usage of ACs in homes, as well as offices, has favored the HVAC industry over the years. To further boost this demand, rising incomes and standard of living in several emerging economies have also driven business profitability in recent years.

The growing popularity of ductless HVAC(Heating, ventilation, and air conditioning) is also gaining traction and will create avenues for market growth over the mid-term. Installing ACs in buildings without ducts is an impossible task and this is where ductless systems come to save the day. These compact units can be installed almost anywhere devoid of ducts. Apart from new product development energy-efficient and tech-savvy products are also carving a niche for themselves in the market. For instance, products that work on geothermal technologies or renewable energy sources are helping consumers cut energy costs while benefitting OEMs meet sustainability targets.

Apart from efficiency, technology is also making this a lucrative market. Building automation systems are popular among contractors and architects. Therefore, the demand for Building Automation Systems (BAS) is gaining traction, as such creating avenues for the market. Further, ACs are no longer operated manually but can be controlled remotely with a smartphone, PC, or tablet. This functionality and smart feature is also emerging as a popular trend in the market creating revenue streams for manufacturers.

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HVAC Systems Market Report Highlights

• Based on equipment, the heat pump equipment segment led the market with the largest revenue share of 38.5% in 2024. The demand for heat pumps is experiencing a notable surge driven by a growing emphasis on energy efficiency, environmental sustainability, and a shift toward renewable heating solutions.
• The demand for air purifiers is witnessing a robust increase as concerns about indoor air quality and respiratory health grow worldwide. Driven by factors such as rising pollution levels, allergens, and the ongoing awareness of airborne viruses, consumers and businesses are increasingly investing in air purification technologies.
• Based on application, the residential segment led the market with the largest revenue share of 41.71% in 2024. Increasing multi-family and individual homeowners is creating avenues for the residential HVAC segment.
• The Asia Pacific HVAC systems market accounted for the largest revenue share of 46.8% in 2024. Factors such as improving economic conditions, rapid industrialization, and commercialization are anticipated to positively impact the market growth.

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

HVAC Systems Market Segmentation

Grand View Research, Inc. has segmented the global HVAC systems market report based on the equipment, application, distribution channel, and region:

HVAC Systems Equipment Outlook (Revenue, USD Billion, 2021 - 2033)

• Heating
  • Heat Pump
  • Furnace
  • Unitary Heaters
  • Boilers
  • Electric Baseboards
  • Heating Cables
  • Others
• Ventilation
  • Air Purifier
  • Dehumidifier
  • Air Handling Units
  • Ventilation Fans
  • Others
• Cooling
  • Air Conditioning
  • Chillers
  • Cooling Towers
  • Others

HVAC Systems Application Outlook (Revenue, USD Billion, 2021 - 2033)

• Residential
  • By Equipment
• Commercial
  • By Equipment
• Industrial
  • By Equipment

HVAC Systems Distribution Channel Outlook (Revenue, USD Billion, 2021 - 2033)

• Online
• Retail Stores
• Wholesale Stores
• Others

HVAC Systems Regional Outlook (Revenue, USD Billion, 2021 - 2033)

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

List of Key Players of HVAC Systems Market

• Carrier Corporation
• DAIKIN INDUSTRIES Ltd. 
• Fujitsu
• Haier Group
• Panasonic Corporation
• AAON
• Johnson Controls
• LG Electronics
• Lennox International Inc.
• Mitsubishi Electric Corporation
• Rheem Manufacturing Company
• SAMSUNG
• Trane
• Midea
• Danfoss AS
• Munters
• Frigidaire HVAC
• Bosch Group
• STULZ Air Technology Systems, Inc.
• Honeywell International 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.

High Purity Calcium Sulfate Market Insights Business Opportunities, Current Trends And Forecast 2030: Grand View Research Inc.

 High Purity Calcium Sulfate Market Growth & Trends

The global high purity calcium sulfate market size is anticipated to reach USD 15.93 billion by 2030 and is anticipated to expand at a CAGR of 6.2% during the forecast period, according to a new report by Grand View Research, Inc. High purity calcium sulfate, a critical raw material in industries such as pharmaceuticals, food processing, construction, and ceramics, has unique characteristics that make it desirable in these sectors. Its chemical stability, non-toxicity, and excellent absorption properties allow it to be used in the production of medicines, as a food additive, and in other applications that require stringent purity standards. As industries evolve and demand more refined materials, the need for high purity calcium sulfate is also increasing.

Calcium sulfate is used in the production of pharmaceutical products, such as tablet binders, coatings, and fillers in drug formulations. With the growing demand for generic drugs, over-the-counter medications, and nutraceuticals, pharmaceutical manufacturers require high-purity raw materials to meet regulatory standards and produce effective, safe, and stable products. This demand has driven investments in high-purity calcium sulfate production processes, thus spurring market growth.

In addition to pharmaceuticals, the food and beverage industry has been another critical growth driver. Calcium sulfate is widely used as a food additive in producing tofu, as a dough conditioner, and in fortifying food products. It provides essential minerals such as calcium and helps improve the texture and stability of food products. As global food consumption rises and there is an increasing emphasis on food fortification to address nutritional deficiencies, the demand for high purity calcium sulfate in the food industry continues to grow, further propelling the market.

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High Purity Calcium Sulfate Market Report Highlights

• The powder form segment accounted for the largest revenue market share, 53.4%, in 2024. High purity calcium sulfate powder improves soil quality by enhancing nutrient availability and reducing soil salinity. Farmers increasingly adopt gypsum-based products to promote healthier crop yields as agricultural practices evolve towards sustainability.
• The pharmaceuticals segment dominated the market with a market share of 29.9% in 2024. Innovations such as nanotechnology and targeted drug delivery systems require excipients supporting complex formulations while maintaining their integrity during processing. High purity calcium sulfate offers desirable characteristics such as controlled-release properties and compatibility with various active pharmaceutical ingredients (APIs).
• Asia Pacific is the dominant region for the high purity calcium sulfate market with a revenue share of 48.0% in 2024. APAC is emerging as a global hub for pharmaceutical manufacturing, and the need for high purity ingredients, such as calcium sulfate, is intensifying to meet domestic demand and export requirements.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-high-purity-calcium-sulfate-market

High Purity Calcium Sulfate Market Segmentation

Grand View Research has segmented the global high purity calcium sulfate market on the basis of form, end use, and region:

High Purity Calcium Sulfate Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Powder
• Granules
• Others

High Purity Calcium Sulfate End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Pharmaceuticals
• Food and Beverage
• Construction
• Agriculture
• Cosmetics and Personal Care
• Others

High Purity Calcium Sulfate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the High Purity Calcium Sulfate Market

• Beijing New Building Materials PLC
• Boral Limited
• Celtic Chemicals Limited
• Compagnie de Saint-Gobain SA
• Georgia-Pacific LLC
• Honeywell International Inc.
• JONOUB GYPSUM
• PABCO Building Forms, LLC.
• Penta Manufacturing Company
• Solvay SA
• USG Corporation
• Yoshino Gypsum 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.

Technical Textiles Market Witness Excellent Revenue Growth During 2025-2030: Grand View Research Inc

 Technical Textiles Market Growth & Trends

The global technical textiles market size is expected to reach USD 272.33 billion by 2030, registering a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The technical textile product exhibits exceptional strength, durability, and superior performance, which makes them fit for several industrial applications.

Increasing concern towards agriculture and attaining high crop yield is one of the major factors fueling the growth of agro textile in the market. Several nets manufactured under agro textile including plant nets, bird protection nets, monofil nets, root ball nets, and various others are extensively used for passive protection of agricultural seeds, crops, or fruits against any external damage.

Increasing technological advancements coupled with the rising demand for high-performance and energy-efficient fabric are acting as a propelling growth factor in the market. In addition, stringent government policies regarding the use of effective personal protective equipment have driven the market growth on a positive note.

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Technical Textiles Market Report Highlights

• 3D Weaving segment accounted for 23.4% of the revenue share in 2024. The 3D weaving segment of the market is driven by advancements in manufacturing technologies and the rising demand for high-performance materials across industries.
• In 2024, the hometech technical textile end-user segment led the market and accounted for the largest revenue share of 19.8%. The segment is likely to ascend at a significant rate during the forecast period. Increasing consumer demand for aesthetically appealing clothing and apparel is expected to increase the product demand in the segment
• In 2024, Asia Pacific emerged as the largest market and accounted for over 47.0% of the total revenue owing to the increasing industrial development in the region. Favorable government policies coupled with the abundant availability of raw materials are expected to draw higher growth from the region over the forecast period
• In North America, the technical textiles demand stood at 8,376.0 kilotons in 2024 and is expected to ascend at a significant rate during the forecast time on account of increasing application in sports, construction, and medical and healthcare industries
• Prominent players in the market are involved in various initiatives such as advancing healthcare infrastructure, partnership, and scientific research in collaboration with various healthcare institutions. Moreover, government support and policies within the respective countries are expected to influence the market on a positive note

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

Technical Textiles Market Segmentation

Grand View Research has segmented the global technical textiles market on the basis of manufacturing, end use, and region:

Technical Textiles Manufacturing Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Thermo-forming
• 3D Weaving
• 3D Knitting
• Nanotechnology
• Heat-set Synthetics
• Finishing Treatments
• Hand-made Elements
• Others

Technical Textiles End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Agro Textiles
• Buildtech Textiles
• Indutech Textile
• Hometech Textile
• Medtech Textile
• Packtech Textile
• Protech Textile
• Transtech Textile
• Sportech Textile
• Clothtech Textile
• Others

Technical Textiles Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

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

List of Key Players in Technical Textiles Market

• Low & Bonar PLC
• Freudenberg Group
• Berry Global Group, Inc.
• Ahlstrom-Munksjo
• Asahi Kasei Advance Corp.
• Kimberly-Clark Corp.
• Mitsui Chemicals, Inc.
• Huntsman International LLC
• Toray Industries, 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.

Cocoa Nibs Market to Reflect Impressive Expansion During 2025 to 2030: Grand View Research Inc.

 Cocoa Nibs Market Growth & Trends

The global cocoa nibs market size is expected to reach USD 2.47 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.0% from 2025 to 2030. Growing application of cocoa nibs in the food and beverages industry on account of its nutty and chocolatey flavor, coupled with exceptional nutritional properties, is expected to remain a key factor for the market growth. Moreover, increasing use of these nibs in frozen desserts and beverages, such as smoothies and coffees, is offering new scope for the global market.

Increasing adoption of these crushed product forms in confectionery, bakery, and dessert products among all age groups is expected to have a positive influence on market growth. Health benefits associated with products also play a substantial role in driving the demand for these products. Another important factor anticipated to influence the growth prospects of the market is the launch of different kinds of products in the global market.

The household application segment is expected to expand at the fastest CAGR of 8.1% from 2020 to 2027. With shifting consumers’ preference for a healthy lifestyle, nutritious and rich flavored products are increasingly adopted by consumers. People are increasingly using cocoa nibs for making cakes, cookies, smoothies, flavored milk, and they are also simply consumed as snacks.

North America was the largest regional market, accounting for a share of more than 30.0% in 2019 as the U.S. is one of the largest consumers of chocolates in the world. Demand for the organic products is significantly increasing in the country owing to shifting consumers’ preference for organic and healthy foods, which is expected to expand the scope of cocoa nibs at the national level.

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Cocoa Nibs Market Report Highlights

• The conventional product segment accounted for a share of more than 67.9% in 2024 and is anticipated to maintain the lead over the forecast period owing to the extensive range of products available in the global market
• The commercial application segment held the largest share of more than 67.7% in 2024. The confectionery sector is the largest consumer of cocoa nibs while the bakery and beverage industries are among the fastest-growing segments in terms of usage
• The organic product segment is expected to witness the fastest growth with a CAGR of 8.1% from 2025 to 2030 owing to higher adoption of organic and natural foods among consumers across the globe
• Asia Pacific is anticipated to foresee the fastest growth with a CAGR of 8.6% from 2025 to 2030. The consumption of various types of chocolates is continuously increasing in countries, such as China and India, owing to shifting consumers’ food preferences, improving lifestyles, and increasing disposable income at the domestic level.

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

Cocoa Nibs Market Segmentation

Grand View Research has segmented the global cocoa nibs market based on product, application, and region:

Cocoa Nibs Product Outlook (Revenue, USD Million, 2018 - 2030)

• Conventional
• Organic

Cocoa Nibs Application Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial
• Household

Cocoa Nibs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Cocoa Nibs Market

• Barry Callebaut
• Cocoa Family
• United Cocoa Processor, Inc.
• NAVITAS ORGANICS
• CocoaSupply (Fine Cocoa Products Corp)
• Sunfood
• Viva Naturals
• NOW Foods
• urbanplatter
• BMV Cocoa

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.