Retail Logistics Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 Retail Logistics Market Growth & Trends

The global retail logistics market size is anticipated to reach USD 639.14 billion by 2030, registering a CAGR of 12.3% over the forecast period, according to a new report by Grand View Research, Inc. The growth is likely to be fueled by new last-mile delivery methods in the retail e-commerce market and the introduction of IoT in the supply chain. An IoT-based supply chain links multiple technological devices with the help of sensors, allowing real-time data collection on various vital factors like filing rate and temperature.

Customers benefit from technological advancements such as intelligent distribution robots and autonomous items and sorting systems, which usher in a new era of smart logistics. Because most of the links in the new retail format have been digitalized and are available in real-time, combined with the use of new technologies such as big data and AI, companies can comprehend the genuine demands of customers faster and more accurately. It's also utilized to help with supply chain optimization and upgrades.

Furthermore, to upgrade existing retail formats, retail companies and traditional distribution channels must focus on B2B wholesale distribution, self-service vending machines, B2C e-commerce, and O2O. Additionally, factors including expanding globalization, an increase in international retailing, and an improvement in the economy due to increased tax revenue from goods exported and imported are predicted to help the retail logistics industry's growth in the forthcoming years.

The rapid expansion of retail e-commerce has created several opportunities for both new and established firms in the market. However, retail e-commerce has faced several operational and financial issues in recent years. Return shipments are becoming a significant element of logistics processes, posing operational issues and the potential to reduce logistical costs. Moreover, poor infrastructure can stifle market growth by making market participants hesitant to expand and spend.

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Retail Logistics Market Report Highlights

• Due to rising internet penetration and increased worldwide trade activities, the retail logistics industry is expected to develop significantly during the projected period
• The conventional retail logistics segment held a significant market share in 2021, owing to the increased inclination of customers that have minimal Internet reliance and prefer to shop in traditional retail stores
• The supply chain solution segment held a significant market share in 2021 due to the augmented adoption of cloud-based supply chain solutions, allowing retail companies to track and optimize transportation and manage returns
• Based on the mode of transport segment, the roadways segment held the largest market share in 2021, owing to the increased demand for road vehicles in long-distance retail product delivery, particularly in domestic regions
• In terms of revenue, the Asia Pacific region led the market in 2021 and is projected to grow significantly during the forecast period. The presence of a significant consumer base for retail items is accelerating the expansion in the region
• The principal strategies of the leading market companies include partnership, collaboration, and company expansion

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Retail Logistics Market Segmentation

Grand View Research has segmented the global retail logistics market based on type, solution, mode of transport, and region:

Retail Logistics Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Conventional Retail Logistics
• E-commerce Retail Logistics

Retail Logistics Solution Outlook (Revenue, USD Billion, 2017 - 2030)

• Commerce Enablement
• Supply Chain Solutions
• Reverse Logistics & Liquidation
• Transportation Management
• Others

Retail Logistics Mode of Transport Outlook (Revenue, USD Billion, 2017 - 2030)

• Railways
• Airways
• Roadways
• Waterways

Retail Logistics Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Retail Logistics Market

• XPO Logistics, Inc.
• DSV
• Kuehne + Nagel International
• H. Robinson Worldwide, Inc.
• Nippon Express
• FedEx
• Schneider
• United Parcel Service
• APL Logistics Ltd
• DHL International GmbH
• P. Moller – Maersk

About Grand View Research

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

Global Demand for Legal Services Market Increasing in Most Part of World 2030

 Legal Services Market Growth & Trends

The global legal services market size is anticipated to reach USD 1.36 trillion by 2030, exhibiting a CAGR of over 5.3% during the forecast period, according to a new report by Grand View Research, Inc. The increasing use of the latest technologies in offering legal services is projected to drive market growth. A strong significance of transparency in the relationship with customers is also projected to drive the development of the market.

Chatbots are increasingly adopted by law firms to help them optimize their work processes and save money and time for themselves and their clients. Chatbots can assist law companies with a variety of activities, including digitization of data and searching for lawyer-specific documents, and other tasks. Chatbots can also assist in the follow-up of non-responsive clients and the gathering of essential information via automated conversations.

Law companies are seeking different ways to assist their clients in minimizing risks and compliance costs by assisting them in better managing information, creating the path for the adoption of document automation software in legal services. End-users are guided through a questionnaire to gather necessary data and direct them through the entire document formation process via document automation software. End-users are relieved of the time-consuming task of deciphering the document's terminology with this method.

Social networking has the potential to completely change the way legal services are delivered. As a result, law professionals are using a variety of social media tools to perform a plethora of legal tasks even while pursuing their career aspirations. Social networking platforms, including Facebook, Twitter, and LinkedIn are predominantly helping law professionals in connecting with a larger audience.

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Legal Services Market Report Highlights

• The corporate segment is projected to be the leading service segment during the forecast period, as arguments over harassment of employees, and organizational discrimination audits, and copyright violation & patent infringement continue to rise.
• Due to expanded opportunities for attorneys in both large and small and mid-sized businesses, the private practicing attorneys’ segment is predicted to grow significantly throughout the forecast period.
• Law firms are modifying their hiring practices to meet the changing needs of their customers.
• Law firms are partnering with professional service providers to deliver unified diverse services to their clients.

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Legal Services Market Segmentation

Grand View Research has segmented the global legal services market based on services, firm size, provider, and region:

Legal Services Outlook (Revenue, USD Billion, 2018 - 2030)

• Taxation
• Real Estate
• Litigation
• Bankruptcy
• Labor/Employment
• Corporate

Legal Services Firm Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Firms
• Medium Firms
• Small Firms

Legal Services Provider Outlook (Revenue, USD Billion, 2018 - 2030)

• Private Practicing Attorneys
• Legal Business Firms
• Government Departments
• Others

Legal Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of the Global Legal Services Market

• Baker & McKenzie
• Clifford Chance LLP
• Deloitte
• DLA Piper
• Ernst & Young (E&Y)
• Kirkland & Ellis LLP
• KPMG
• LATHAM & WATKINS LLP
• PwC
• Skadden, Arps, Slate, Meagher & Flom LLP

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.

Patient Positioning Systems Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 Patient Positioning Systems Market Growth & Trends

The global patient positioning systems market size is expected to reach USD 1.78 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.4% from 2022 to 2030. This market is expected to witness lucrative growth owing to rising awareness about and surging expenditure on diagnostic procedures. In addition, the increasing prevalence of cancer and the rising geriatric population are expected to assist in market growth.

The COVID-19 pandemic has made unprecedented consequences on daily lives in addition to the worldwide economy. A significant burden is formed on healthcare systems across the globe. Currently, as the pandemic starts to subside, governments of various countries are focusing on recognizing the cracks in their healthcare infrastructure and are taking initiatives to bolster the same. The market is projected to benefit from this up-gradation of healthcare establishments across the world. For instance, in December 2020, Victorian hospitals received financial support to upgrade infrastructure and equipment.

According to the WHO, Cancer is a leading cause of death globally, reporting for almost 10 million deaths in 2020, or nearly one in six deaths. While as per the National Cancer Institute statistics, there were approximately 16.9 million cancer survivors in the U.S. as of January 2019. The number of cancer survivors is expected to increase to 22.2 million by 2030. The most common types of cancer are breast cancer, prostate cancer, and colon and rectum cancer. This steady increase in disease prevalence acts as a driver for R&D investments in the industry. An increase in innovation has resulted in improved efficiency and accuracy of these systems in cancer therapy. These products keep patients immobile yet comfortable during radiotherapy. This is anticipated to supplement industry growth.

Rising expenditure on diagnostics procedures has been a strong force driving demand in the market. According to research published by NCBI, the majority of oncologists and cardiologists in the U.S. and Germany prescribe diagnostics tests and choose a treatment plan only after studying test results. Thus, the demand for diagnostics tests is increasing globally.

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Patient Positioning Systems Market Report Highlights

• By product, the tables segment held a lucrative market share in 2021, owing to the increasing prevalence of cancer and the rising number of surgeries performed
• In terms of application, the surgery segment is expected to account for the dominant market share on account of the rising incidence of cancer, globally
• By end-use, the ambulatory segment is expected to register the highest growth over the forecast period owing to an increase in precision of minimally invasive technologies
• North America is projected to dominate the market over the forecast period due to the presence of a large number of diagnostic centers
• The market is fragmented with many big and small industry players. Key players are adopting business strategies such as business expansion, joint ventures, and others
• In October 2021, Esaote, an Italian company in the biomedical sector entered the world of total body magnetic resonance imaging with the novel system called “Magnifico Open”. The open magnet and easy-to-access patient table enable fast and comfortable patient positioning

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Patient Positioning Systems Market Segmentation

Grand View Research has segmented the global patient positioning systems market based on product, application, end-use, and region:

Patient Positioning Systems Product Outlook (Revenue, USD Million, 2017 - 2030)

• Tables
• Accessories

Patient Positioning Systems Application Outlook (Revenue, USD Million, 2017 - 2030)

• Surgery
• Diagnostics
• Others

Patient Positioning Systems End-Use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospital
• Ambulatory Centers
• Others

Patient Positioning Systems Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Patient Positioning Systems Market

• Medtronic
• Hill-Rom Holdings, Inc.
• Stryker Corporation
• Medline Industries
• Skytron, LLC
• Smith & Nephew
• STERIS plc
• Mizuho OSI
• LEONI AG
• OPT SurgiSystems Srl

About Grand View Research

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

Europe Dog Dewormers Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Europe Dog Dewormers Market Growth & Trends

The Europe dog dewormers market size is expected to reach USD 793.2 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.56% from 2022 to 2030. The rising canine population along with their ownership and growing expenditure on dogs are major factors propelling the market growth. According to data published by N26 GmbH, in October 2020, around USD 15.8 to USD 52.8 (EUR 15-50) per month is spent on dog insurance, depending on their breed.

Various government organizations in Europe are actively monitoring the impact of COVID-19 on veterinary medicines supply chains. For instance, in March 2020, FVE stated that veterinary services in Europe are considered one of the most essential businesses and will be continuing to be despite the ongoing pandemic. Veterinarians, vet clinics, and key market players have implemented various strategies to revive their services. Countries like the U.K. and France have shifted towards digital vet consultations for essential pet care and are proceeding with the online supply of dog dewormer products.

The European market for dog dewormers is expected to grow notably in the coming years. This can be attributed to the well-established veterinary care infrastructure, a large dog population, and the local presence of key companies. According to the annual report of FEDIAF 2021 (the European Pet Food Industry), the dog population in 2020 was reported to be 90 million in Europe, where countries like Russia, Germany, France, and Italy were estimated to have more than 7 million dogs.

The European market is fairly competitive. Key players are involved in new product launches, acquisitions, and partnerships to gain a competitive edge over each other. In April 2022, Elanco, in collaboration with Ginkgo Bioworks, launched a new animal healthcare company called BiomEdit. This was opened with the motive of introducing probiotics and engineered microbes in animal health care services.

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Europe Dog Dewormers Market Report Highlights

• Rising disposable income, growing adoption of pets, and rising pet expenditure are expected to fuel the market growth during the forecast period. For instance, a 2020 report by FEDIAF estimated the annual sales of pet food products at about EUR 21.8 billion
• In terms of distribution channel, the veterinary clinics segment dominated the market with a revenue share of over 35.0% in 2021 owing to the rising adoption of pet animals
• Germany accounted for the largest revenue share of over 15.0% in 2021 owing to the presence of major market players in the country

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-dog-dewormers-market-analysis

Europe Dog Dewormers Market Segmentation

Grand View Research has segmented the Europe dog dewormers market based on distribution channel and country:

Europe Dog Dewormers Distribution Channel (Revenue, USD Million, 2017 - 2030)

• Veterinary Clinics
• Retail/Pet Stores
• E-commerce

Europe Dog Dewormers Country Outlook (Revenue, USD Million, 2017 - 2030)

• Germany
• Italy
• Spain
• Portugal
• Romania
• Slovakia
• Czech
• Hungary
• Poland
• Ireland

List of Key Players of Europe Dog Dewormers Market

• Merck & Co., Inc.
• Boehringer Ingelheim International GmbH
• Virbac
• Elanco
• Ceva
• Zoetis
• PetIQ, LLC
• Sava Healthcare Limited

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.

Edge Computing Market to Witness Steady Growth at 38.9% CAGR from 2022 to 2030|Key participants Huawei Technologies Co.; Ltd.

 

Edge Computing Market Growth & Trends

The global edge computing market size is anticipated to reach USD 155.90 billion by 2030, exhibiting a CAGR of above 38.9% during the forecast period, according to a new report by Grand View Research, Inc. Artificial Intelligence (AI) integration into the edge environment is projected to drive the market growth. An edge AI system is estimated to help businesses in making real-time decisions in milliseconds. The need to minimize privacy concerns associated with transmitting huge amounts of data, as well as latency and bandwidth issues that limit an organization's data transmission capabilities, is projected to fuel market growth in coming years.

Machinery control and precision monitoring are a few use cases that are well suited to using AI on the edge. The latency requirement for a fast-running production line must be maintained to a bare minimum, which can be accomplished by using the edge. Bringing data processing closer to the manufacturing facility can prove to be extremely important, which can be accomplished using AI. Artificial intelligence-based edge devices can be utilized in a wide range of endpoint devices, including sensors, cameras, smartphones, and other IoT devices.

Moreover, the telecom edge is estimated to grow exponentially during the projected period. The telecom edge shall execute computing adjacent to the telco's mini-data centers, which are operated on the telco-owned property. Several telecom operators, including Telstra and Telefonica, are developing prototypes and pilot projects of open-access networks integrated with edge computing. Edge will be at the forefront of the telecom industry once 5G is fully deployed. The telecom industry is in a great position to enhance edge computing, but telecom businesses risk being abridged by irrelevant edge suppliers if they do not move up the value chain.

Presently, Edge computing use cases have outpaced initial infrastructure deployments, and are projected to provide momentum to edge computing infrastructure and use cases investments. Edge computing is predicted to become more ubiquitous and evolve toward platform-centric solutions during the projection period. With this development, edge platforms can reduce the infrastructure intricacy using orchestration software and sophisticated management and provide user-friendly environments for programmers to implement innovative edge services and applications.

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Edge Computing Market Report Highlights 

• During the projected period, the edge server is expected to be the booming hardware segment. The increased demand for edge servers throughout several industrial verticals accounts for the segment's promising growth prospects.
• In terms of application, the AR/VR segment is projected to increase at a substantial CAGR due to the developing cellular network, which has offered potential development for edge computing, for instance, to provide a high-quality VR experience to users, Ericsson has improved its radio infrastructure and 5G core.
• In terms of industry vertical, the data center segment is projected to experience the highest CAGR during the estimated period. This can be ascribed to the fact that edge datacenters overcome inconsistent connections and compute and store data close to the end-user.
• The Asia-Pacific region is anticipated to grow at the highest CAGR during the estimated period due to the advent of 5G in the region and the increasing number of IoT-incorporated devices. The evolution of telco edge infrastructure to support 5G-enabled applications is expected to be accelerated by the launch of 5G networks.
• Some of the important market players are Cisco Systems, Inc., Honeywell International Inc., Amazon Web Services (AWS), Inc., Microsoft Corporation, Huawei Technologies Co., Ltd., and Siemens AG.

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

Edge Computing Market Segmentation

Grand View Research has segmented the global edge computing market based on component, application, industry vertical, and region:

Edge Computing Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
  • Hardware by Type
    • Edge Nodes/Gateways (Servers)
    • Sensors/Routers
    • Others
  • Hardware by End Point Devices
    • Cameras
    • Drones
    • HMD
    • Robots
    • Others
  • Software
  • Services
  • Edge-managed Platforms

Edge Computing Application Outlook (Revenue, USD Million, 2018 - 2030)

• IIoT
• Remote Monitoring
• Content Delivery
• Video Analytics
• AR/VR
• Others

Edge Computing Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)

• Industrial
• Energy & Utilities
• Healthcare
• Agriculture
• Transportation & Logistics
• Retail
• Datacenters
• Wearables
• Smart Cities, Smart Homes, Smart Buildings

Edge Computing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Edge Computing Market

• ABB
• Amazon Web Services (AWS), Inc.
• Aricent, Inc.
• Atos
• Cisco Systems, Inc.
• General Electric Company
• Hewlett Packard Enterprise Development
• Honeywell International Inc.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Intel Corporation
• Microsoft Corporation
• Rockwell Automation, Inc
• SAP SE
• Siemens 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.

Esports Market Latest Innovations, Drivers and Industry Key Events 2022 – 2030: Grand View Research Inc.

 

Esports Market Growth & Trends

The global esports market size is expected to reach USD 12,494.3 million by 2030, registering a compound annual growth rate (CAGR) of 21.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing mobile usage in emerging countries, rising awareness regarding esports, and increasing popularity of video games are expected to fuel the market growth during the forecast period.

Consumers demand high-quality and interactive gaming content aligned with the dynamic entertainment industry. The alignment of entertainment and gaming will influence the growth of the entire sports industry, including online streamers and small and big-budget game developers. The increasing investments from commercial partners and substantial audience growth have resulted in revenue growth in the esports market. The industry has become more structured, with associations and league formats developing new competitive structures. Moreover, the growing partnerships, acquisitions, and mergers have projected strong growth in the esports market.

The streaming platforms, such as Twitch, have attracted viewers by streaming esports and gaming. The esports tournaments have fascinated athletes and celebrities and have drawn a broad audience's attention. Additionally, esports and gaming make it easy to draw the attention of enthusiastic and young viewers who are hard to reach through traditional media channels. The ability to grab the attention of the young and enthusiastic audience has attracted many brands to invest in esports events in sponsorships and advertising. The interest of investors has increased with the centralization of an Esports team, rising audience, and the introduction of a more franchise-style league. The rising interest of brands in esports teams to reach potential customers is expected to drive market growth during the forecast period. 

In addition to sponsorship, ticket sales and merchandise are essential revenue segments that drive the esports market's growth. The franchisee is focusing on hosting local events that include fans in stadiums, generating significant revenue, thus contributing to the further development of the esports market. The Esports apparel market has witnessed substantial growth due to a growing fanbase, league-level merchandise deals, and increased retail presence. The esports teams no longer have to rely on winning competitions as teams can independently sell their merchandise to their fans. For instance, Ralph Lauren partnered as the apparel partner for G2 Esports. One of G2 Esports' famous players, Martin' Rekkles' Larsson, was featured in Ralph Lauren's Wimbledon Campaign. G2 and Ralph Lauren partnered across several campaigns and events and produced a range of digital-first activations on Twitch and TikTok. 

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Esports Market Report Highlights

• The sponsorship segment held the largest share of esports market revenue in 2021, representing around 40.0%. Through sponsorships, brands can reach potential customers directly via online and offline media channels
• The media rights segment, which generates significant revenue, is expected to expand at the highest CAGR of over 23.0% during the forecast period. The numerous leagues, championships, and events that usually occur on various streaming platforms are expected to generate considerable revenue from media rights
• The Asia Pacific region is expected to gain a significant market share in the forecasted period. The countries such as China and South Korea are anticipated to play a vital role in developing the esports ecosystem in the region.

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

Esports Market Segmentation

Grand View Research has segmented the global esports market based on revenue source, and region:

Esports Revenue Source Outlook (Revenue, USD Million, 2018 - 2030)

• Sponsorship
• Advertising
• Merchandise & Tickets
• Publisher Fees
• Media Rights

Esports Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Esports Market

• Activision Blizzard, Inc.
• Electronic Arts Inc.
• Gameloft SE
• HTC Corporation
• Intel Corporation
• Modern Times Group (MTG)
• Nintendo of America Inc.
• NVIDIA Corporation
• Tencent Holding Limited
• Valve 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.

Geosynthetics Market Size Is Predicted To Reach A Valuation Of USD 24.60 Billion By 2030: Grand View Research Inc.

 Geosynthetics Market Growth & Trends

The global geosynthetics market size is expected to reach USD 24.60 billion by 2030, registering a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Rapid infrastructure development in emerging economies, such as India and Brazil, is anticipated to fuel the market growth over the forecast period. Infrastructure development in India, China, and the Middle East in light of regulatory inclination to increase expenditure on road transport is expected to drive the market. The European Union directive 2008/98/EC sets the basic regulations for waste management and ways for efficient landfill containment.

This regulatory inclination in Europe is expected to increase the application of geosynthetics in the near future. The product is widely used for base reinforcement, separation, and stabilization of roads and pavements. These products also find application in subsurface drainage systems for dewatering, road base, and structure drainage. The market is characterized by the presence of large-scale manufacturers catering to the global demand. The demand for geosynthetics is high in developing economies including India and China, owing to the sanction and commencement of infrastructural development projects in the developing economies. Key market players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby advancing their market share.

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Geosynthetics Market Report Highlights

• The geotextiles segment accounted for the largest revenue share in 2021 on account of the increasing product penetration in drainage systems
• Geocells is expected to be the fastest-growing product segment during the forecast period. The product is used in multiple military operations including the construction of bridge approach roads over soft ground, transportation of heavy equipment, and filling of the construction materials
• The geonet segment is projected to register the second-fastest growth rate from 2022 to 2030
• The high product demand is attributed to its wide application scope coupled with its use for the reinforcement of layers during road construction as well as during the restoration of existing roads
• Asia Pacific region accounted for the maximum market share in 2021 owing to the rapid urbanization in emerging countries, such as India and China, boosting the demand for soil reinforcement in the foundation work of residential buildings

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Geosynthetics Market Segmentation

Grand View Research has segmented the global geosynthetics market based on product and region:

Geosynthetics Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

• Geotextiles
  • By Raw Material
    • Natural
      • Jute
      • Others
    • Synthetic
      • Polypropylene
      • Polyester
      • Polyethylene
    • By Product
      • Woven
      • Non-woven
      • Knitted
    • By Application
      • Erosion Control
      • Reinforcement
      • Drainage Systems
      • Lining Systems
      • Asphalt Overlays
      • Separation & Stabilization
      • Silt Fences
    • Geomembranes
      • By Raw Material
        • HDPE
        • LDPE
        • Ethylene Propylene Diene Monomer (EPDM)
        • Polyvinyl chloride (PVC)
        • Others
      • By Application
        • Waste Management
        • Water Management
        • Mining
        • Lining Systems
        • Others
      • By Technology
        • Extrusion
        • Calendering
        • Others
        • Geogrids
      • By Raw Material
        • HDPE
        • Polypropylene
        • Polyester
        • By Application
        • Road Construction
        • Railroad
        • Soil Reinforcement
        • Others
      • By Product
        • Uniaxial
        • Biaxial
        • Multi-axial
      • Geonets
        • By Raw Material
          • HDPE
          • MDPE
          • Others
        • By Application
          • Road Construction
          • Drainage
          • Railroad
          • Others
        • Geocells
          • By Raw Material
            • HDPE
            • Polypropylene (PP)
            • Others
          • By Application
            • Earth Reinforcement
            • Load Support
            • Tree Root Protection
            • Slope Protection
            • Others

Geosynthetics Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Geosynthetics Market

• GSE Holdings, Inc.
• Koninklijke Ten Cate N.V.
• Officine Maccaferri S.p.A.
• NAUE GmbH & Co. KG
• Propex Operating Company, LLC
• Low and Bonar PLC
• TENAX Group
• Fibertex Nonwovens A/S
• Global Synthetics
• AGRU America
• TYPAR

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.

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

 Eyewear Market Growth & Trends

The global eyewear market size is anticipated to reach USD 323.77 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to exhibit a compound annual growth rate (CAGR) of 8.4% from 2022 to 2030. The growth can be attributed to the growing trend of customized eyewear, as consumers prefer unique products that can be designed according to their needs. Consumers prefer glasses according to the shapes of the face and eyes, the texture and color of the glasses, the design and material of the frame, etc. The popular customized eyewear includes photochromic glasses and glasses with high index numbers to eliminate UV radiation.

The technological developments in lens-making technology and 3D printing technology with eyewear manufacturing allow the market players to gain a strategic advantage. For instance, in December 2021, Safilo Group S.p.A introduced its first-to-market 3D printed custom-made snow goggles. This new product addresses a wide range of facial features and shapes, delivers all-day comfort, removes pressure points or hot spots, eliminates light leakage due to improper fit, and provides an expanded field of view.

The market space is being strongly influenced by the collaboration of digital channels with the eyewear value chain, which has exponentially increased the sales of eyewear products. As the e-commerce distribution channel is gaining momentum, several eyewear companies leveraged it as an opportunity to provide facilities such as product virtualization and virtual facial analysis to their customers.

According to research conducted by the Vision Council, 44% of adults either purchased or at least browsed eyewear online in 2020. Moreover, investing in digital channels help companies maintain crucial consumer data such as buying preferences, feedback, and search history. This data, in turn, enables the companies to offer specific products to their customers in the future.

Another important factor changing the market dynamics is the increased emphasis on sustainability among eyewear companies. They have started offering eyewear made of eco-friendly materials to practice sustainable development while enhancing customer experience. In 2021, Luxottica Group launched its eyewear brand Arnette in India, which provides a collection wherein nearly 70% is eco-friendly, using both bio-acetate and bio-nylon material. Besides, companies are applying different materials, including wood, leather, paper, and wool, to develop eyewear with innovative textures, which is expected to attract a more extensive customer base.

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Eyewear Market Report Highlights

• In terms of product, the sunglasses segment is expected to witness substantial growth during the forecast period, which can be ascribed to the growing awareness among people about protecting the eyes from UV light. Besides, rising consumer interest in luxury fashion accessories will further support segment growth
• With regards to the distribution channel, the e-commerce segment is anticipated to observe a considerable growth rate of more than 9.5% by the end of 2030. This can be credited to benefits associated with the channel, such as ease of access, improved functionality, better discounts, and buying options
• In terms of regional outlook, Asia Pacific is expected to record the highest CAGR of over 10.0% from 2022 to 2030, which can be majorly ascribed to the resumption of eyewear manufacturing and supply chain activities in the region

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

Eyewear Market Segmentation

Grand View Research has segmented the global eyewear market based on product, distribution channel, and region:

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

• Contact Lenses
  • Premium Contact Lenses
  • Mass Contact Lenses
• Spectacles
  • Spectacle Frame
    • Type
      • Premium Spectacle Frames
      • Mass Spectacle Frames
    • Style
      • Round
      • Square
      • Rectangle
      • Oval
      • Others
    • Spectacle Lenses
  • Sunglasses
    • Lens Type
      • Polarized Sunglasses
      • Non-Polarized Sunglasses
    • Lens Material
      • CR-39
      • Polycarbonate
      • Polyurethane
      • Others

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

• E-Commerce
• Brick & Mortar

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
  • Vietnam
• South America
  • Brazil
• MEA

List of Key Players in the Eyewear Market

• Johnson & Johnson Vision Care, Inc.
• ESSILORLUXOTTICA
• CooperVision
• Carl Zeiss AG.
• Bausch & Lomb Inc.
• Safilo Group S.p.A.
• Charmant Group
• Chemilens (CHEMIGLAS Corp.)
• CIBA VISION
• De Rigo Vision S.p.A
• Fielmann AG
• HOYA Corporation
• JINS, Inc.
• Marchon Eyewear, Inc.
• Marcolin S.p.A
• QSpex
• Rodenstock GmbH
• Seiko Optical Products Co., Ltd.
• Shamir Optical Industry Ltd.
• Silhouette International Schmied AG
• Warby Parker
• Zenni Optical, 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.

Sports Betting Market to Undertake Strapping Growth By 2030

 Sports Betting Market Growth & Trends

The global sports betting market size is estimated to reach USD 182.12 billion by 2030, registering a CAGR of 10.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The primary element driving the rise of the sports betting sector is the developing internet infrastructure worldwide. The industry is growing owing to a rise in the amount of sports events and leagues around the world and a surge in demand for sports betting among the elderly and millennials. Other factors affecting the market growth are an increase in disposable income and the need for financial stability among the people.

Esports, electronic sports, is a type of video game competition that frequently takes the form of organized, multiplayer video game events amongst individual, professional players, or teams. Betting in the E-sports segment has gained popularity during the pandemic and is expected to maintain stable growth in coming years due to the rising emergence of video gamers. Some of the most popular competitive video games are Counter-Strike, Dota 2, Call of Duty, and League of Legends, around which multiple tournaments are hosted worldwide.

The internet has positively impacted the market significantly since the introduction of live bets in 2002. However, in the absence of a digital presence, technology's impact on betting is negligible. Major players in the sports betting industry operate via online platforms and official websites. Additionally, sports betting is a highly regulated industry worldwide. For instance, online betting in all sports except horse racing is illegal in most parts of India according to the Public Gambling Act of 1867 and the Technology Act of 2000.

The COVID-19 pandemic has augmented the market for sports betting. The pandemic impacted the lives and occupations of multiple households globally. Earning members lost their jobs, and many faced decrements in income. As a result, the indulgence in betting for a considerable amount of the population increased and the industry saw a surge in participants. According to a study conducted by Public Health England, online casino gambling increased by almost 9.0% during the pandemic.

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Sports Betting Market Report Highlights

• The North America region is anticipated to witness a CAGR of around 11% during the forecast period of 2022 to 2030. The U.S. has legalized sports betting in 29 states as of October 2021, which is a promoting factor for the market growth
• Fixed-odds wagering sub-segment accounts for most of the market share of the market. However, eSports betting is expected to witness the highest CAGR in the coming years due to the spurt in demand for interactive games
• Horseracing is extremely popular and accounts for the second-highest market share. However, the football game is expected to gain attention and show the highest CAGR during the forecast period

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

Sports Betting Market Segmentation

Grand View Research has segmented the global sports betting market-based on the platform, betting type, sports type, and region:

Sports Betting Platform Outlook (Revenue, USD Million, 2018 - 2030)

• Offline
• Online

Sports Betting Type Outlook (Revenue, USD Million, 2018 - 2030)

• Fixed Odds Wagering
• Exchange Betting
• Live/In Play Betting
• Pari-mutuel
• eSports Betting
• Others

Sports Betting Sports Type Outlook (Revenue, USD Million, 2018 - 2030)

• Football
• Basketball
• Baseball
• Horse Racing
• Cricket
• Hockey
• Others

Sports Betting Region Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Sports Betting Market

• 888 Holdings Plc
• Bet365
• Betsson AB
• Churchill Downs Incorporated
• Entain plc
• Flutter Entertainment Plc
• IGT
• Kindred Group Plc
• Sportech Plc
• William Hill 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.

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

 Bioelectric Medicine Market Growth & Trends

The global bioelectric medicine market size is expected to reach USD 33.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2022 to 2030. The key factors driving the market include the rising geriatric population, strategic initiatives by key companies, and increasing investment in R&D for advanced electroceuticals/ bioelectric medicines. In April 2022, Cochlear agreed to acquire Demant's hearing implants business - Oticon Medical. This would enable the company to increase its R&D investments and market growth activities and provide it with greater scale.

In 2021, around 20.8% or more than one-fifth of the population in the EU was aged 65 and over, according to Eurostat. The aging population is prone to medical disorders such as Alzheimer's disease, epilepsy, cardiac arrhythmias, Parkinson's disease, and depression. Hence, this is a key factor contributing to the market growth. Advanced bioelectronic devices including cochlear implants, implantable cardioverter defibrillators, cardiac pacemakers, and spinal cord stimulators are used for the treatment of these conditions.

Growing investments in the R&D of advanced electroceuticals is another major factor supporting the growth of the market. For example, in 2021, Medtronic invested around USD 2.5 billion in R&D for the development of advanced products. According to ElectroCore, almost 325,000 people in the U.S. experience cluster headache every year. The company capitalized on the opportunity by developing a product called gammaCore, which received FDA clearance in 2018. The product is indicated for non-invasive VNS therapy helpful in managing painful headaches in adults.

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Bioelectric Medicine Market Report Highlights

• By product, the implantable cardioverter defibrillators segment was the largest revenue-generating segment in 2021 owing to the wider application of these products in the treatment of arrhythmia and CHF
• The implantable electroceutical devices type segment accounted for the largest revenue share in 2021 owing to technological advancements
• In the application segment, the arrhythmia segment accounted for the largest share in 2021 and is expected to remain dominant throughout the forecast period
• The hospital end-user segment dominated the market in 2021 due to the escalating number of electroceutical device implant procedures in hospitals
• The North American market accounted for the largest revenue share in 2021 mainly due to a large number of medical devices companies in this region
• The Asia Pacific region is expected to register the fastest growth rate over the forecast period. The developing healthcare infrastructure and rising healthcare awareness in Asian countries such as China and India are major factors contributing to the growth of this regional market

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

Bioelectric Medicine Market Segmentation

Grand View Research has segmented the global bioelectric medicine market based on product, type, application, end-use, and region:

Bioelectric Medicine Product Outlook (Revenue, USD Million, 2017 - 2030)

• Implantable Cardioverter Defibrillators
• Cardiac Pacemakers
• Cochlear Implants
• Spinal Cord Stimulators
• Deep Brain Stimulators
• Transcutaneous Electrical Nerve Stimulators
• Sacral Nerve Stimulators
• Vagus Nerve Stimulators
• Other Bioelectric Medicines

Bioelectric Medicine Type Outlook (Revenue, USD Million, 2017 - 2030)

• Implantable Electroceutical Devices
• Non-invasive Electroceutical Devices

Bioelectric Medicine Application Outlook (Revenue, USD Million, 2017 - 2030)

• Arrhythmia
• Pain Management
• Sensorineural Hearing Loss
• Parkinson’s Disease
• Tremor
• Depression
• Treatment-resistant Depression
• Epilepsy
• Urinary and Fecal Incontinence
• Others

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

• Hospitals
• Others

Bioelectric Medicine Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Bioelectric Medicine Market

• Medtronic
• Abbott
• Boston Scientific Corporation
• Cochlear Ltd.
• LivaNova PLC
• Biotronik SE & Co KG
• electroCore, Inc.
• Sonova
• Nevro Corp.
• Stimwave 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.