Warehouse Management Systems Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Warehouse Management Systems Market Growth & Trends

The global warehouse management systems market size is anticipated to reach USD 8.1 billion by 2028, growing at a CAGR of 15.3% from 2021 to 2028, according to a new report by Grand View Research, Inc. Growing transition towards cloud-based management systems in the warehouse industry is anticipated to boost the demand for warehouse management systems (WMS) based on the Software-as-a-Service (SaaS) model. Advancements in cloud-based technologies are estimated to fuel the adoption of WMS software irrespective of the organization’s size and complexity where these solutions are used. Surging demand for cloud-based systems can primarily be attributed to medium- and small-sized businesses that do not require the implementation of advanced warehouse technologies and high-speed automation.

Large-scale companies are also switching to cloud-based WMS as it allows organizations to offload exhausting tasks, such as maintenance, infrastructure administration, timely upgrades, and other tasks that are carried out on the on-premise software. Cloud enables businesses running on conventional on-premise technologies to transit to a platform that will support and cater to their clients’ needs more efficiently. Low upfront cost and shorter implementation time are key factors that are encouraging companies to adopt cloud-based systems.

In the healthcare ecosystem, a WMS ensures that medical equipment and medicines are supplied on time. Also, it continuously updates the database of the inventory moving in and out of a warehouse, which prevents the shortage of inventory. Furthermore, in the healthcare domain, continuous sharing of information and transparency of all processes are the critical factors for efficient warehouse management. Warehouse management system enables complete transparency of logistic activities and enables proper tracking of medical devices and medicines. Similarly, in the food & beverage industry, it ensures optimized picking, directed put away, and rotation of stock based on its expiry date.

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Warehouse Management Systems Market Report Highlights

• The WMS market is anticipated to witness substantial growth during the forecast period due to the changing supply chain models of product manufacturers and rapidly growing consumer demand, especially in the transport & logistics and retail sectors
• The software segment is expected to register the highest CAGR over the forecast period owing to the increasing adoption of WMS software by Small- and Mid-sized Enterprises (SMEs) worldwide
• The cloud segment is expected to register the fastest CAGR from 2021 to 2028 owing to numerous functionalities offered by cloud-based WMS over the traditional on-premise WMS
• Transportation & logistics is expected to be the fastest-growing application segment over the forecast period owing to the rising need for technologically advanced WMS that can help logistics companies to keep their operations aligned with the ever-demanding market
• Asia Pacific is expected to register the fastest CAGR during the forecast period due to the high influx of e-commerce players in the region

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Warehouse Management Systems Market Segmentation

Grand View Research has segmented the global warehouse management systems market on the basis of component, deployment, function, application, and region:

WMS Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Services

WMS Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• On-Premise
• Cloud

WMS Function Outlook (Revenue, USD Million, 2016 - 2028)

• Labor Management System
• Analytics & Optimization
• Billing & Yard Management
• Systems Integration & Maintenance
• Consulting Services

WMS Application Outlook (Revenue, USD Million, 2016 - 2028)

• Transportation & Logistics
• Retail
• Healthcare
• Manufacturing
• Food & Beverage
• Others

WMS Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Warehouse Management Systems Market

• Epicor
• Körber AG (HighJump)
• Infor
• Made4net
• Manhattan Associates
• Oracle
• PSI Logistics
• Reply
• SAP
• Softeon
• Synergy Ltd.
• Tecsys

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.

Interactive Kiosk Market to Expand at a CAGR of 6.9% Through 2028

 Interactive Kiosk Market Growth & Trends

The global interactive kiosk market size is expected to reach USD 45.32 billion by 2028, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 6.9% from 2021 to 2028. Increasing consumer involvement in the purchase process and an extensive focus on customized service delivery by industry players are the major factors driving interactive kiosks' adoption. The geographical expansion and service enhancement using interactive kiosks enable companies to offer convenient, swift, and hassle-free service to customers with enhanced safety and security.

The North American market dominated the global market in 2020. The regional growth can be attributed to incumbents of the retail and BFSI verticals, who continue to deploy interactive kiosks as a part of their efforts to enhance the consumer experience. Asia Pacific is expected to register the highest CAGR over the forecast period as the retail, hospitality, BFSI, and healthcare verticals continue to grow. Incumbents of these industries continue to emphasize customer engagement.

Based on end use, the market for interactive kiosk has been further segmented into BFSI, retail, food and beverage, healthcare, government, travel and tourism, and others. Manufacturers have developed multiple self-service kiosks solutions for segments, such as travel and tourism and healthcare. These interactive kiosks enable customers to carry out self-check-in/check-out in hotels, carry out self-baggage check-in, book tickets, view product information, book appointments, and so on.

Stringent regulatory and legal standards such as the General Data Protection Regulation (EU GDPR), Americans with Disabilities Act (ADA), and UL standards are the significant challenges impacting the broader adoption of interactive self-service kiosks. GDPR compliance focuses on protecting customers' private data to enhance safety and prevent unauthorized access to private information. The ADA standards provide access specifications to any public access system for disabled individuals. However, the threat of cyber-attacks, high cost of installation, maintenance, and support may act as inhibitors for the growth and adoption of interactive kiosks by businesses.

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Interactive Kiosk Market Report Highlights

• The market for interactive kiosk is a technology-driven and rapidly evolving market due to continuous advancements in communication and payment technologies. This, in turn, has widened the scope of application in various industries, such as retail, banking, hospitality, entertainment, and government
• The declining prices of hardware and improved transaction safety features have led to increased adoption of interactive kiosks by various businesses
• Mandatory government regulations regarding data privacy/protection and regulatory standards such as ADA and UL will have a major impact on the adoption of interactive kiosk as a service delivery tool
• Asia Pacific is expected to expand at the highest CAGR over the forecast period

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Interactive Kiosk Market Segmentation

Grand View Research has segmented the global interactive kiosk market based on component, type, end use, and region:

Interactive Kiosk Component Outlook (Revenue, USD Million, 2016 - 2028)

• Hardware
  • Display
  • Printer
  • Others
• Software
• Services
  • Integration & Deployment
  • Managed Services

Interactive Kiosk Type Outlook (Revenue, USD Million, 2016 - 2028)

• Automated Teller Machines (ATMs)
• Retail Self-checkout Kiosks
• Self-service Kiosks
• Vending Kiosks

Interactive Kiosk End-use Outlook (Revenue, USD Million, 2016 - 2028)

• BFSI
• Retail
• Food & Beverage
• Healthcare
• Government
• Travel & Tourism
• Others

Interactive Kiosk Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Interactive Kiosk Market

• NCR Corporation
• Diebold Nixdorf AG
• ZEBRA Technologies Corporation
• Advanced Kiosks
• Embross Group 
• IER SAS
• SlabbKiosks
• Source Technologies
• Meridian
• Advantech Co.
• REDYREF
• NEXCOM International Co.
• KIOSK Information Systems

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.

Contactless Payments Market Growth in the Coming Years

 

Contactless Payment Market Growth & Trends

The global contactless payment market size is expected to reach USD 6.25 trillion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 20.3% from 2021 to 2028. Various benefits, such as improved service delivery and reduction in transaction time offered by contactless payments, are expected to propel the market growth over the forecast period.

Customers can immediately complete transactions with the tap of a card. Increasing integration of contactless payment technologies in smartphones and mobile handsets is expected to fuel the market growth. Numerous customers across the globe are purchasing services or products with the use of devices, such as wearables, key fobs, smart cards, and smartphones, among others. This, as a result, is anticipated to drive market growth over the forecast period.

Contactless payment uses Near Field Communication (NFC) and Radio-frequency Identification (RFID) technologies to facilitate easy money transactions. Various benefits, such as real-time transaction processing and secured transactions, are driving the adoption of contactless payment solutions. An increase in the adoption of technology by wholesalers or merchants for small value transactions is further expected to propel the market growth.

The outbreak of the COVID-19 pandemic is expected to favorably impact the market. The COVID-19 outbreak is anticipated to change the payment behavior by users and firms as the World Health Organization (WHO) has been guiding customers to avoid cash handling and shift to contactless payments. This is expected to create growth opportunities for the market over the forecast period.

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Contactless Payment Market Report Highlights

• Increasing demand for secure and reliable payment transactions across the globe is expected to propel the smart cards segment growth over the forecast period
• Numerous banks across the globe are focusing on integrating machine learning (ML), and artificial intelligence (AI) integrated security and fraud management solution to secure their payment transactions.
• The COVID-19 pandemic has inspired retailers across the globe to turn to technology to help their businesses increase productivity, plan better, and serve their customers efficiently. This, as a result, is expected to create growth opportunities for contactless payment solutions in the retail industry
• The presence of a large number of prominent market players in North America is expected to create growth opportunities for the regional market growth over the forecast period

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Contactless Payment Market Segmentation

Grand View Research has segmented the global contactless payment market based on device, solution, application, and region:

Contactless Payment Device Outlook (Transaction value, USD Billion, 2016 - 2028)

• Smartphones and Wearables
• Point-of-Sales Terminals
• Smart Cards

Contactless Payment Solution Outlook (Transaction value, USD Billion, 2016 - 2028)

• Payment Terminal Solution
• Transaction Management
• Security and Fraud Management
• Hosted Point-of-Sales
• Analytics

Contactless Payment Application Outlook (Transaction value, USD Billion, 2016 - 2028)

• Retail
• Transportation
• Healthcare
• Hospitality
• Government

Contactless Payment Regional Outlook (Transaction value, USD Billion, 2016 - 2028)

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

List of Key Players of Contactless Payment Market

• Gemalto N.V.
• Visa Inc.
• Giesecke & Devrient GmbH
• Heartland Payment Systems
• Verifone Systems Inc.
• Ingenico Group SA
• On Track Innovations (OTI) Ltd
• IDEMIA
• Thales Group
• Wirecard AG

About Grand View Research

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

Electric Vehicle Charging Infrastructure Market to Reflect Steadfast Expansion During 2021-2028

 Electric Vehicle Charging Infrastructure Market Growth & Trends

The global electric vehicle charging infrastructure market size is expected to reach USD 144.97 billion by 2028 registering a CAGR of 33.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The significant market growth is primarily due to the rising number of initiatives undertaken by both public as well as private sectors to encourage the population to switch to EVs. As a result, the demand for EV charging infrastructure is expected to grow significantly. For instance, in the U.S., the Washington State Department of Transportation has partnered with the Oregon Department of Transportation to construct the West Coast Electric Highway (WCEH) that consists of 57 EV charging stations across Oregon and Washington. Similarly, many other governments are jointly developing intra-continental networks of highway charging stations.

Various EV manufacturers, such as Volvo, Kia Motors, Mercedes-Benz, and Ford, are collaborating with the charging infrastructure providers for easy availability of charging stations. For instance, In November 2020, ChargePoint, Inc. announced its partnership with Volvo Car USA LLC to provide a seamless charging experience to the Volvo car drivers. ChargePoint, Inc. will offer Home Flex home chargers, which will enable drivers to charge their cars at home. Moreover, Delta Electronics, Inc.; Enel X; and Ecotap BV are focusing on the development of solar-powered EV charging stations. For instance, under the Honda SmartCharge program, Enel X is currently working on the development of a solar-powered charging station in Hawaii (U.S.) in partnership with the Hawaiian Electric Company, Inc. Furthermore, various companies are working towards upgrading Electric Vehicle Supply Equipment (EVSE) to make them more convenient for long-distance travel. Some of the EV manufacturers, such as Tesla, Inc., and Nissan, are focusing on providing compatibility for their electric vehicles for public charging networks. For instance, Nissan in November 2019, announced that buyers of new Nissan LEAF would be able to charge their vehicles across EVgo’s charging network that comprises 750 public charging stations.

The demand for EVs has been growing in line with the rising awareness about environmental sustainability and the stringent limits several governments are putting on vehicular emissions. While private companies are focusing on developing innovative EV chargers and charging stations, governments are collaborating with these companies for rolling out EV Charging Infrastructure. In addition, technologies, such as Radio Frequency Identification (RFID) and Near-Field Communication (NFC), have enabled the installation of interactive, kiosk-based, and self-operated charging stations within highway charging stations. Several private organizations are keen on investing in the development of EV charging stations along the highways. All these factors are driving the demand for highway charging stations

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Electric Vehicle Charging Infrastructure Market Report Highlights

• The fast charger segment is anticipated to be the largest charger type segment over the forecast period owing to the ability to rapidly charge electric vehicles in lesser time compared to conventional AC chargers is the primary factor driving the demand for fast DC chargers
• Combined Charging System (CCS) is anticipated to emerge as the fastest-growing connecter segment over the forecast period owing to rising adoption by automobile manufacturers
• The commercial application segment is anticipated to gain traction owing to the rise in the deployment of fast-charging stations across highways, hotels, shopping malls, and public parking facilities
• North America is estimated to account for the largest revenue share by 2028. Stringent vehicle emission standards and focus on R&D of EVs are some of the major factors driving the market in the North American region
• Various companies are investing heavily in promoting EV charging infrastructure. For instance, in November 2017, BMW, Daimler, Ford, and Volkswagen Group, together announced an investment plan for the development of 400 charging sites across Europe
• Asia Pacific is expected to register the fastest CAGR from 2021 to 2028 due to significant growth in EV sales in the region and extensive deployment of EV chargers in countries, such as China and Japan 

Access Press Release@ https://www.grandviewresearch.com/press-release/global-electric-vehicle-ev-charging-infrastructure-market

Electric Vehicle Charging Infrastructure Market Segmentation

Grand View Research has segmented the global electric vehicle charging infrastructure market on the basis of charger type, connector, application, and region:

EV Charging Infrastructure Charger Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

• Slow
• Fast

EV Charging Infrastructure Connector Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

• CHAdeMO
• (CCS)
• Others

EV Charging Infrastructure Application Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

• Commercial
• Residential

EV Charging Infrastructure Regional Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • The Netherlands
  • UK.
  • France
  • Norway
  • Germany
• Asia Pacific
  • China
  • Japan
  • South Korea

List of Key Players of Electric Vehicle Charging Infrastructure Market

• AeroVironment, Inc.
• ABB
• BP Chargemaster
• ChargePoint, Inc.
• ClipperCreek, Inc.
• Eaton Corp.
• General Electric Company
• Leviton Manufacturing Co., Inc.
• SemaConnect, Inc.
• Schneider Electric
• Siemens AG
• Tesla, Inc.
• Webasto SE

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 Motor Sales Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development

 Electric Motor Sales Market Growth & Trends

The global electric motor sales market size is expected to reach USD 232.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. Rapid technological advancements have been playing an imperative role in the growth of the market. Further, improved insulation and operational efficiency have significantly improved the electro-mechanical machines in terms of safety and functionalities, leading to increased demand across multiple industries. Electric motors are used in multiple applications across industry verticals such as home appliances, industrial machinery, and vehicles. The market is expected to witness high growth from Heating, Ventilation, and Cooling (HVAC) applications as they are an inseparable component of HVAC equipment.

Rising fuel prices across the globe are impelling people to shift to non-conventional fuel alternatives. As a result, electric vehicles are manufactured with a view of reducing operational costs and carbon footprint. The upsurge in the production of electric vehicles is expected to positively impact the demand for electric motors as they are used in various applications ranging from performance components to comfort components of the vehicle.

The industry is characterized by regulatory policies and government initiatives that promote energy efficiency in machines and equipment. High-efficiency and output, low power consumption, increased operational life, and low maintenance costs are essential requirements for the electro-mechanical machines. Notably, technological innovations have introduced improved design, components, and motor specifications resulting in fulfillment of end-user requirements. Innovations and evolving policy frameworks are crucial for industry development and will play a key role in fueling the demand for the products over the forecast period.

Asia Pacific region held the largest revenue share in the electric motor market in 2020 and is projected to witness the fastest CAGR of 7.8% from 2021 to 2028. The growth can be attributed to increasing industrialization investments in countries such as China, India, South Korea, and Australia. Further, the scope for market growth in the region is expected to increase significantly over the coming years, owing to the evolving agriculture sector through efficient irrigation practices and technology transfer.

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Electric Motor Sales Market Report Highlights

• Increased adoption of the electro-mechanical machines in vehicles, backed by technological advancements resulting in performance enhancement, is expected to positively impact market's growth
• The AC motor type held the largest share in 2020. It is estimated to generate over USD 166 billion by 2028 due to the extensive use of AC motors in various applications ranging from irrigation pumps to modern-day robotics
• The fractional horsepower (FHP) output segment represented over 87% of the overall market value in 2020. Fractional horsepower motors are used widely in all household appliances ranging from vacuum cleaners to coffee machines to refrigerators
• The motor vehicles segment is the most prominent application segment, commanding more than 40.0% of the overall market value in 2020. The electro-mechanical machines are also extensively used in heavy industrial equipment as well as agricultural machinery
• Asia Pacific will lead the market through 2028, exhibiting a CAGR of 7.8% from 2021 to 2028. The growth of the regional market can be attributed to increasing direct investments in developing nations such as India and China

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

Electric Motor Sales Market Segmentation

Grand View Research has segmented the global electric motor sales market on motor type, power output, application, and region:

Electric Motor Sales Motor Type Outlook (Revenue, USD Billion, 2016 - 2028)

• AC
  • Synchronous AC
  • Induction AC
• DC
  • Brushed DC
  • Brushless DC
• Hermetic Motor

Electric Motor Sales Power Output Outlook (Revenue, USD Billion, 2016 - 2028)

• Integral HP Output
• Fractional HP Output

Electric Motor Sales Application Outlook (Revenue, USD Billion, 2016 - 2028)

• Industrial Machinery
• Motor Vehicles
• HVAC Equipment
• Aerospace & Transportation
• Household Appliances
• Others

Electric Motor Sales Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
• Middle East & Africa

List of Key Players of the Electric Motor Sales Market

• Baldor Electric Company, Inc.
• Ametek Inc.
• Franklin Electric Co., Inc.
• Asmo 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.

T-cell Therapy Market to Exhibit Impressive Growth During 2021 – 2028

 T-cell Therapy Market Growth & Trends

The global T-cell therapy market size is expected to reach USD 20.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 20.2% from 2021 to 2028. The milestone approvals of Kymriah and Yescarta along with the recent approval of Tecartus have bolstered the exponential revenue growth in the market.

The commercial launch of these innovative therapies across various regions has spurred the investment flow in this arena thereby driving the market. Cancer indications are the major investment targets for the key operating players. However, space is constantly expanding to include other indications such as viral infections, creating lucrative opportunities for the operating players.

Engineered T-cell marketspace is characterized by an in-depth network of several entities marked by financially, academically, and licensing agreements. Collaborations between research bodies and manufacturers to assess the efficacy and safety of therapies are anticipated to put forth the advancements in the space, thereby expected to result in the anticipated success of the market.

By far, the wider application of CAR-T therapies has been hampered by the considerable lack of efficiency to treat solid tumors and linked toxicity concerns due to the strong immunosuppressive tumor microenvironment. Thus, operating players are engaged in implementing new approaches to overcome these challenges and expand the application in solid.

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T-cell Therapy Market Report Highlights

• Research modality accounted for the largest revenue share with the growing pipeline of products entering clinical and pre-clinical phases
• The commercial base is expected to witness growth owing to the increasing regulatory approvals for commercial products across various countries as well as a rise in the number of medical centers implementing these therapies
• The geographical expansion of Kymriah and Yescarta in Europe and the Asia Pacific has encouraged the investors to support the development in this space
• CAR-T therapies contributed to the largest revenue share owing to the high investment flow in this therapy type
• The high number of clinical trialsfor CAR-T therapies further supports the dominance of the segment in the global space
• The presence of approved products such as Kymriah, Yescarta, and Tecartus for the treatment of hematological malignancies has resulted in anticipated segment growth
• The development of therapy for solid tumors has created lucrative opportunities for players to capture untapped avenues
• COVID-19 pandemic has opened new research opportunities for market players to invest in T-cell space for viral infections
• The scientific community is actively engaged in evaluating the T-cell therapy potential in COVID-19 patients thus supplementing the market growth
• North America dominated in 2020 global market owing to the exponential rise in clinical trials pertaining to T-cell therapies
• A strong commercial base in the U.S. further contributed to the dominance of the region in the market
• The shifting focus of U.S.-based companies from conventional drug development to t-cell therapies also drives regional growth
• Asia-Pacific is projected to witness the fastest CAGR with emerging markets such as China at the forefront
• China tops the list of registered clinical trials for CAR-T surpassing the U.S. More than 300 clinical trials are ongoing in China
• Key companies are undertaking various strategic initiatives to maintain their market position
• For instance, Bayer collaborated with Atara Biotherapeutics in December 2020 for the development of mesothelin-targeted CAR T-cell therapies to treat solid tumors

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

T-cell Therapy Market Segmentation

Grand View Research has segmented the T-cell therapy market on the basis of modality, therapy type, indications, and regions:

T-cell Therapy Modality Outlook (Revenue, USD Million, 2017 - 2028)

• Research
• Commercialized

T-cell Therapy Type Outlook (Revenue, USD Million, 2017 - 2028)

• CAR T-cell Therapy
• T Cell Receptor (TCR)-based
• Tumor-Infiltrating Lymphocytes (TIL)-based

T-cell Therapy Indication Outlook (Revenue, USD Million, 2017 - 2028)

• Hematologic Malignancies
  • Lymphoma
  • Leukemia
  • Myeloma
• Solid Tumors
  • Melanoma
  • Brain & Central Nervous System
  • Liver Cancer
  • Others
• Others

T-cell Therapy Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of T-cell Therapy Market

• Novartis AG
• Merck KGaA
• Gilead Sciences Inc.
• TCR2 Therapeutics Inc
• Bluebird Bio Inc.
• Sorrento Therapeutics
• Fate Therapeutics
• Pfizer Inc.
• Amgen
• Celgene Corporation

About Grand View Research

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

Healthcare Additive Manufacturing Market Poised to Expand at a Robust Pace Over 2028

 Healthcare Additive Manufacturing Market Growth & Trends

The global healthcare additive manufacturing market size is valued at USD 6.4 billion in 2028 and is anticipated to grow at a CAGR of 21.8% over the forecast period, according to a new report by Grand View Research, Inc. Easy development of customized products, reduction in manufacturing cost due to technological advancements, and possibilities of using various material for printing are propelling the market growth.

The growing success of additive manufacturing is due to its benefits over conventional manufacturing methods. Some of the benefits include the application of advanced technology; use of a wide range of materials like metal, plastics, and polymers; flexibility in design; build speed; dimensional accuracy; and its ability to produce complex parts/geometry, such as cooling channels and honeycomb structure. Production of implants and prosthetics is the largest application for additive manufacturing in the healthcare industry.

There is an increasing demand for orthopedic procedures, such as knee & hip replacements, due to the increasing geriatric population. Moreover, the increasing application of dental implants along with a growing need for prosthetics is another key factor expected to drive the market. North America and Europe were the leading regional markets in 2020. This growth was attributed to extensive R&D, advanced healthcare system, and the presence of leading 3D printing machinery manufacturers & material suppliers in these regions.

Additive manufacturing is playing a significant role in the fight against COVID-19 by compensating for the shortage of medical supplies by speeding up the manufacturing process. This will drive the growth of the market over the forecast period. However, stringent regulatory approvals associated with medical devices might hinder the growth.

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Healthcare Additive Manufacturing Market Report Highlights

• Laser sintering accounted for the largest market share of 31.0% in 2020 as it uses a wide variety of materials to make high-quality, complex geometries and can produce several pieces at one time
• The polymers material segment accounted for the largest revenue share of more than 50% in 2020, as polymer-based AM has been used for decades in creating medical instruments as well as prosthetic limbs & related accessories
• North America led the market in 2020 and accounted for the largest share of more than 35% due to the presence of several additive manufacturing companies with a robust distribution network
• Asia Pacific is projected to be the fastest-growing regional market over the forecast period due to significant demand for dental 3D printingas a result of an increasing number of people undergoing tooth replacement surgeries

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Healthcare Additive Manufacturing Market Segmentation

Grand View Research has segmented the global healthcare additive manufacturing market on the basis of technology, application, material, and region:

Healthcare Additive Manufacturing Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Stereolithography
• Deposition Modeling
• Electron Beam Melting
• Laser Sintering
• Jetting Technology
• Laminated Object Manufacturing
• Others

Healthcare Additive Manufacturing Application Outlook (Revenue, USD Million, 2016 - 2028)

• Medical Implants
• Prosthetics
• Wearable Devices
• Tissue Engineering
• Others

Healthcare Additive Manufacturing Material Outlook (Revenue, USD Million, 2016 - 2028)

• Metals & Alloys
• Polymers
• Biological Cells
• Others

Healthcare Additive Manufacturing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Healthcare Additive Manufacturing Market

• GE Additive (General Electric)
• 3D Systems, Inc.
• EnvisionTEC GmbH
• RegenHU
• Allevi, Inc.
• EOS GmbH (Electro Optical Systems)
• Materialise N.V.
• Stratasys Ltd.
• Nanoscribe GmbH
• GPI Prototype and Manufacturing 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.

Sex Toys Market to Reach Around $52.39 Billion by 2028: Grand View Research Inc.

 Sex Toys Market Growth & Trends

The global sex toys market size is expected to reach USD 52.39 billion by 2028, based on a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.04% during the forecast period. Women aging from 16 to 70 years old are indulging in the pleasure of adult toys. The stigma of using these products to replace a partner has long been broken by couples who enjoy these toys from time to time, which is expected to drive the market growth.

The impact of the COVID-19 pandemic is expected to create an economic downturn in all industries as the majority of countries are in lockdown. However, the initial impact of country-wide lockdown has exhibited a boost in sales of sex toys. Several countries such as Italy, the U.S., Australia, U.K., Canada, and France reported high demand for sex toys, from January to March 2020. These countries have also experienced increased sales, from the anticipated yearly forecast. People are advised to practice social distancing and self-isolation for self-care, which has led to an increase in the sales of sex toys such as vibrators and massagers.LELO launched a wave of Stayhome and Save deals applicable for the entire month of May 2020, wherein the company was offering up to 15% discounts on its products.

Asia Pacific is expected to be the fastest-growing market during the forecast period. China and Australia are the leading revenue generators in the market. The stigma surrounding sex is reducing among millennials and Gen-Z, who are more open to exploring new things to enhance their sexual experience.In March 2019, Reckitt Benckiser launched its direct-to-consumer e-commerce platform to sell its premium products in India.

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Sex Toys Market Report Highlights

• The female sex toys segment held the largest market share in 2020 and is expected to expand at the second-highest CAGR during the forecast period. Single women are among the leading contributors to the market growth
• Manufacturers are trying to reach a larger market via e-commerce sites. In developing countries where adult stores are not easily accessible, online retailers are meeting customer demand by offering a different range of products via discrete delivery and an added advantage of discounted rates
• North America held the largest market share in 2020, owing to the presence of numerous retailers providing easy access to products. In the U.S. and Canada, sociodemographic factors also play a role in the type of toy being preferred and its frequency of use
• With increasing disposable income in developing countries, consumers are opting for innovative products such as exquisite vibrators, BDSM gear, and anal toys. This increases opportunities for market players to capitalize on the growing demand for more high-end innovative products
• Emerging players backed by technological advancements are developing products that offer a more realistic experience. Brand leaders such as Doc Johnson, LELO, FleshLight, and LoveHoney have a global presence with a strong product portfolio.In July 2019, LifeStyles Healthcare announced the launch of three new intimate accessories under its SKYN brand-SKYN Thrill, SKYN Vibes, and SKYN Shiver

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

Sex Toys Market Segmentation

Grand View Research has segmented the global sex toys market based on type, distribution channel, and region:

Sex Toys Type Outlook (Revenue, USD Million, 2016 - 2028)

• Female
• Male

Sex Toys Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• E-commerce
• Specialty Stores
• Mass Merchandizers

Sex Toys Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Sex Toys Market

• Church & Dwight Co., Inc.
• Reckitt Benckiser Group plc
• LELO
• LifeStyles Healthcare Pte Ltd
• Doc Johnson Enterprises
• Lovehoney Group Ltd
• BMS Factory
• PinkCherry
• Tenga Co., Ltd.
• Fun Factory
• We-Vibe

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 Medicine Market to Reflect Impressive Expansion During 2021 to 2028: Grand View Research Inc.

 Veterinary Medicine Market Growth & Trends

The global veterinary medicine market size is expected to reach USD 50.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2021 to 2028. The companion animal segment is anticipated to demonstrate the fastest growth during the forecast period owing to the increasing prevalence of chronic diseases and rising demand for advanced treatment alternatives for canines suffering from chronic diseases.

COVID19 pandemic resulted in to regulatory changes which are anticipated to iron out the disruptions thereby increasing manufacturing and adoption of vet medicines in near future. The federal government has taken various relief measures which include new tax provisions, small business loans and unemployment insurance in order to respond to the pandemic and support the veterinarians. AVMA has also taken supportive measures to support small veterinary businesses or practices. In August 2020 USFDA stated that, 6 out of 32 animal drug companies who source their API from China could soon face shortages. Due to labor shortage, there is also reduced capacity to work on animal health activities such as vaccination, good biosecurity and prophylactic treatment. The manufacturing units are taking preventive measures for uninterrupted production of veterinary drugs.

Growing consumption of meat is fueling the demand for mandatory vaccination for animals, which results in the market growth. According to The World Counts, Denmark, the global meat production has increased 2-fold from 1988 to 2018. It also stated that meat consumption is estimated to range between 460 - 570 million tons by 2050. Such factors are expected to drive the growth of the market during the forecast period.

The market leaders are involved in strategic collaborations, regional expansion, and new product launch to sustain the competition. For instance, in Elanco acquired Bayer’s animal health division in August 2020 in an attempt to strengthen its R&D capabilities, eCommerce presence, and multiply its product portfolio. Additionally, in March 2020, Virbac signed an agreement with Pebble Labs for co-development and commercialization of products for disease prevention in aquatic animals.

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Veterinary Medicine Market Report Highlights

• The production animal segment dominated the overall revenues share as of 2020 and is projected to show a CAGR of over 7.3% from 2021 to 2028. Increasing focus on food safety and sustainability by government healthcare organizations globally is contributing to market growth
• North America held a major market share as of 2020, due to the high prevalence of zoonotic diseases in this region. Moreover, reimbursement programs across the U.S. make this continent a major contributor to the market
• Europe held the second largest market share owing to the favorable government regulations such as the EU Veterinary Medicines Regulation and high number of insured pets in the Western European countries
• The industry participants are focusing on strategic collaborations, acquisitions, investing in new product segments, mergers, and new product launches to gain a competitive edge in the market
• Some of the leading players are expected to maintain their market position during the forecast period in terms of product penetration, regional presence, revenue, as well as strategic initiatives
• The biologics segment which includes vaccines and other such products is expected to exhibit the fastest growth over the forecast period owing to the increasing awareness regarding important of vaccination in animals
• The oral mode of administration is expected to grow at the fastest growth rate owing to the increasing incidence of chronic conditions in pets
• The reference laboratories held a considerable market share of about 9% in 2020 in the market as the laboratories enable testing of various infections, toxic agents, and different ailments in specimens obtained from pets
• Asia Pacific is anticipated to witness lucrative growth of around 8.0% owing to increasing adoption of pet animals, growing health concerns about the animals, and rising prevalence of diseases in animals

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

Veterinary Medicine Market Segmentation

Grand View Research has segmented the global veterinary medicine market on the basis of animal type, product, mode of delivery, end use, and region:

Veterinary Medicine Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Production
  • Poultry
  • Swine
  • Cattle
  • Sheep & Goats
  • Fish
• Companion
  • Dogs
  • Cats
  • Horses
  • Others

Veterinary Medicine Product Outlook (Revenue, USD Million, 2016 - 2028)

• Biologics
  • Vaccine
    • Live attenuated vaccines
    • DNA Vaccines
    • Recombinant Vaccines
    • Inactivated Vaccines
    • Others
  • Others
• Pharmaceuticals
  • Parasiticides
  • Anti-infectives
  • Anti-inflammatory
  • Analgesics
  • Others
• Medicated Feed Additives

Veterinary Medicine Mode of Delivery Outlook (Revenue, USD Million, 2016 - 2028)

• Oral
• Parenteral
• Others (Topical, carrier)

Veterinary Medicine End-use Outlook (Revenue, USD Million, 2016 - 2028)

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

Veterinary Medicine Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Veterinary Medicine Market

• Merck Animal Health
• Ceva Sante Animale
• Vetoquinol S.A.
• Zoetis
• Boehringer Ingelheim GmbH
• Elanco
• Nutreco N.V.
• Virbac
• Kindred Biosciences, Inc.
• Biogenesis Bago
• Indian Immunologicals Ltd
• Neogen Corporation
• Hester Biosciences
• Philbro Animal Health

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.

Smart Glass Market Trends, Demand, Production, Analysis and Forecast to 2028

 Smart Glass Market Growth & Trends

The global smart glass market size is expected to reach USD 7.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% from 2021 to 2028. The growing demand across the transportation and architectural sectors is expected to fuel the market growth over the forecast period. Moreover, the growing trend of using smart technology in new buildings has propelled the demand for smart glass products in the architectural sector.

Modern-day glass solutions offer on-demand privacy in the form of dynamic glazing or smart glass. The technologically-advanced products can turn from clear to opaque in no time. Furthermore, smart glass can help transform the indoor experience by providing an outside view and preserving environmental sustainability. As a result, the demand for smart glass in hospitals, restaurants, and commercial buildings is soaring. Moreover, residential buildings are getting renovated to make them more energy efficient, thereby providing new business avenues for glass manufacturers.  

The liquid crystal or PDLC smart glass technology segment is expected to grow at a substantial rate over the forecast period. The growth can be attributed to the operational feasibility of the technology offering a fast response time and optical translucency. Ultra-fast switching speed, low power consumption, and low haze are other benefits promoting manufacturers and product developers to increase the usage of liquid crystal glass in windows and partition walls. High stability for heat, UV, and moisture, low driving voltage, and long lifetime are the other factors driving the demand for PDLC smart glass.

Power generation is a key emerging application of smart glass technology. Researchers from Shanghai University have discovered the ideal material for smart windows that can convert sunlight into electricity. Smart windows designed to generate electricity could reduce the buildings' air-conditioning demand, making a sizeable environmental impact. Thus, architects and urban planners are increasingly focusing on the adoption of smart glass technology in new buildings.

The global market is highly competitive, with each manufacturer striving to provide superior products by differentiating them either on the basis of quality or service. Since smart glass is significantly costlier compared to its legacy counterpart, it is vital to ensure a good value proposition to gain market share. Smart glass manufacturers are focusing on integrating voice-activated controls in their products for window tinting. SAGE Electrochromics, Inc., a subsidiary of Saint-Gobain S.A., and Kinestral Technologies, Inc. are providing Amazon echo voice-activated technology for smart glass.

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Smart Glass Market Report Highlights

• The increasing number of stringent regulations, such as the green building initiative by the European Union and the Building Energy Conservation Act, is expected to drive the market over the forecast period
• The SPD technology segment is expected to register a significant growth rate during the forecast period. This can be attributed to its high functionality and pan-industry applications
• The recent trend of having large sunroofs and panoramic roof panels in luxury cars is expected to intensify the demand for smart glass in transportation applications
• Asia Pacific is an untapped market, which provides ample opportunity for smart glass manufacturers. The regional market is anticipated to register the highest CAGR of 9.0% during the forecast period

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

Smart Glass Market Segmentation

Grand View Research has segmented the global smart glass market based on technology, application, and region:

Smart Glass Technology Outlook (Revenue, USD Million, 2017 - 2028)

• Electrochromic
• Polymer Dispersed Liquid Crystal (PDLC)
• Suspended Particle Devices (SPD)
• Thermochromics
• Photochromic

Smart Glass Application Outlook (Revenue, USD Million, 2017 - 2028)

• Architectural
• Transportation
  • Automotive
  • Aircraft
  • Marine
• Consumer Electronics
• Power Generation

Smart Glass Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa

List of Key Players of Smart Glass Market

• AGC Inc.
• ChromoGenics
• Corning Incorporated
• Gauzy Ltd.
• Gentex Corporation
• Guardian Industries
• Kinestral Technologies, Inc.
• Nippon Sheet Glass Co., Ltd.
• PPG Industries, Inc.
• RavenWindow
• Research Frontiers Inc.
• Saint-Gobain S.A.
• Showa Denko Materials Co., Ltd.
• Smartglass International Limited
• VELUX Group
• View, Inc.
• Vision Systems

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.