Market Research Size

Friday 2 July 2021

Location-based Entertainment Market Top Players, Segments, Cost Structure, Demand, Sales | 2028 Forecast

Location-based Entertainment Market Growth & Trends

The global location-based entertainment market size is anticipated to reach USD 30.29 billion by 2028, registering an estimated CAGR of 34.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The introduction of Virtual Reality (VR) in the gaming industry has added a new dimension by offering a simulated realm for gamers looking forward to an immersive and real-like experience. As such, several video game developers are entering into mergers and acquisitions with VR and Location-based Entertainment (LBE) technology providers to increase their respective market shares. For instance, in February 2021, Vertigo Games, a VR publisher and game developer, acquired Springboard VR, a VR venue management software and content marketplace provider for LBE. The acquisition was aimed at offering operators access to VR content through Vertigo Games' Haze VR distribution platform and providing both game studios and operators with new tools and technology to expand their LBE business.

LBE services are offered in arcades, amusement parks, and VR cafes, among other entertainment services. The integration of Augmented Reality (AR), VR, 3D animation, and other immersive technologies with LBE is driving the growth of the market for location-based entertainment. LBE operators are concentrating on expanding their global footprint and gaining a competitive advantage over their rivals. For instance, in September 2020, Koch Media GmbH, a video game company, acquired Vertigo Games to strengthen its global reach and network while opening new publishing opportunities for itself and for Vertigo Games and its subsidiaries.

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Location-based Entertainment Market Report Highlights

The hardware segment accounted for over 65.0% of the total revenue share in 2020 owing to the increased spending on VR headsets that can deliver high-end immersive experiences to consumers
The arcade studios segment is expected to witness the fastest growth from 2021 to 2028
The 3D segment accounted for the largest revenue share in 2020 and is expected to continue dominating the market over the forecast period owing to the continued advances in 3D technology extended reality, which is substantially deployed at LBE sites
The Asia Pacific regional market is anticipated to register the highest CAGR of around 40.0% from 2021 to 2028

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Location-based Entertainment Market Segmentation

Grand View Research has segmented the global location-based entertainment market based on component, end use, technology, and region:

Location-based Entertainment Component Outlook (Revenue, USD Million, 2016 - 2028)

Hardware
Software

Location-based Entertainment End-use Outlook (Revenue, USD Million, 2016 - 2028)

Amusement Parks
Arcade Studios
4D Films

Location-based Entertainment Technology Outlook (Revenue, USD Million, 2016 - 2028)

2 Dimensional (2D)
3 Dimensional (3D)
Cloud Merged Reality (CMR)

Location-based Entertainment Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Location-based Entertainment Market

HTC Corporation
IMAX Corporation
Google LLC
Microsoft Corporation
Samsung Electronics Co., Ltd.
Springboard VR

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.

Transportation Management Systems Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2028

Transportation Management Systems Market Growth & Trends

The global transportation management systems market size is expected to reach USD 261.89 billion by 2028, registering a CAGR of 11.7% over the forecast period, according to a new report by Grand View Research, Inc. The unabated growth of the e-commerce and retail industries and the strong emphasis on automating supply chain & logistics processes using the latest technologies are expected to drive the demand for Transportation Management System (TMS) over the forecast period.

The logistics industry has been evolving in line with the advances in technology. The latest technologies, such as Artificial Intelligence (AI), blockchain, the Internet of Things (IoT), and big data, are rapidly transforming the way transportation systems are designed and implemented. Logistics and transportation activities involve a significant exchange of information between all the stakeholders, especially the customers and service providers. At this juncture, efficient TMS facilitates the rapid exchange of information. They also enhance visibility and control over the shipments and subsequently efficiency and customer satisfaction.

The demand for Software-as-a-Service (SaaS)-based TMS is growing owing to the cost-effectiveness and flexibility associated with the SaaS delivery model. Cloud-based services account for a significant share of the global market. Given the increasing demand for customized solutions, vendors are competing aggressively to offer advanced, on-demand software.

Transportation management systems help in accelerating the order-to-delivery cycle times, reducing inventory management costs, ensuring compliance, reducing freight costs, and cutting the time spent on maintaining customs documentation. The higher ROI offered by TMS is particularly serving as a primary driver for the market growth.

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Transportation Management Systems Market Report Highlights

The cloud segment is anticipated to register a significant growth rate over the forecast period due to the continued digitalization and growth of the e-commerce industry in emerging economies
The airways segment is expected to register a considerable growth rate over the forecast period
The growing demand for fast-paced delivery of products from the incumbents of the retail, e-commerce, healthcare, and logistics industries is expected to encourage the deployment of TMS for air transportation
The government organizations segment is anticipated to register a moderate growth rate over the forecast period owing to the rising demand for traffic management solutions, including automatic number plate recognition, signaling, information management, and parking management among others
North America accounted for the largest revenue share in 2020. Increased import and export activities across the U.S. and Canada boost the demand for TMS for real-time tracking of products across the region

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Transportation Management Systems Market Segmentation

Grand View Research has segmented the global transportation management systems market on the basis of deployment, mode of transportation, end-use, and region:

Transportation Management Systems Deployment Outlook (Revenue, USD Billion, 2016 - 2028)

On-premise
Cloud

Transportation Management Systems Mode of Transportation Outlook (Revenue, USD Billion, 2016 - 2028)

Roadways
Railways
Waterways
Airways

Transportation Management Systems End-use Outlook (Revenue, USD Billion, 2016 - 2028)

Retail & E-commerce
Manufacturing
Logistics
Government Organizations
Others

Transportation Management Systems Regional Outlook (Revenue, USD Billion, 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 Transportation Management Systems (TMS) Market

3GTMS
BluJay Solutions Ltd.
Cerasis, Inc.
H. Robinson Worldwide, Inc.
The Descartes Systems Group, Inc.
Infor, Inc.
International Business Machines Corp.
JDA Software Group, Inc.
Manhattan Associates
MercuryGate International, Inc.
Oracle Corp.
SAP SE
Trimble Transportation Enterprise Solutions, Inc.

About Grand View Research

Thursday 1 July 2021

Smart Parking Systems Market Size Is Predicted To Reach A Valuation Of USD 19.3 Billion By 2028: Grand View Research Inc.

Smart Parking Systems Market Growth & Trends

The global smart parking systems market size is expected to reach USD 19.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 21.5% from 2021 to 2028. This growth is attributed to increasing number of automobiles on roads and the subsequent rise in traffic congestions.

However, the COVID-19 pandemic has considerably slowed down the market due to the varying levels of lockdowns implemented across several countries globally. The impact of this slowdown is expected to be experienced in the short term. As the world re-opens, Smart Parking Systems (SPSs) are expected to regain demand due to the potential rise in the use of private transportation and its impact on the demand for space management. The steadily widening consumer base of autonomous vehicles is also expected to drive the demand for facilities to park as self-driven cars require robotically automated spaces to park. Moreover, the exponential rise in the number of smartphone users globally is enabling an increasing number of users to park, pay, and book slots in advance through mobile apps.

Favorable regulations, government policies, and investments are encouraging the implementation of SPSs for a seamless and user-friendly experience for both drivers and operators. Furthermore, the addition of sophisticated features, such as auto-payment options and voice guidance enabled through smartphone apps, is also projected to drive the demand for innovative solutions. Several parking lots are incorporating Automatic Number Plate Recognition (ANPR) systems to operate vehicles and access control systems efficiently.

The increasing availability of integrated automated solutions, advancements in wireless technologies, and developments in payment methodologies are estimated to drive the market. Moreover, SPSs aid in increasing mobility in cities and offer a dependable revenue model. These systems use data analytics, wireless communication technology, and sensors to address parking issues in cities and metros. These solutions can be used to locate available spaces to park vehicles with the help of sensors and mobile applications, thereby saving customers’ time and minimizing the wastage of fuel spent on the lookout for available spaces to park.

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Smart Parking Systems Market Report Highlights

In terms of hardware, the signage segment is anticipated to post a CAGR of 18.8% over the forecast period. Signage helps users identify routes, provide directions, and avoid ambiguity in rules and regulations related to driving and traffic. This offers high comfort to the driver while driving and serves as a positive pointer for market growth
In terms of software, the parking guidance system segment is poised to exhibit a CAGR of 19.8% during the forecast period. The promising growth prospects of the segment can be attributed to benefits offered by these systems such as the analysis of customer behavior and usage patterns
In terms of type, the off-street segment is poised to exhibit the highest CAGR of 20.2% during the forecast period. This can be ascribed to the increasing number of companies providing applications for using spaces to park in off-street locations such as garages and lots
In terms of application, the government segment is poised to exhibit a CAGR of 21.5% during the forecast period. The focus of several governments globally on implementing smart city development projects is anticipated to strengthen the growth of the government application segment over the forecast period. Numerous SPSs that have been rolled out in city projects offer functions such as online reservation of parking spots and mobile payment
In terms of service, the mobile app parking service segment is estimated to account for a CAGR of 23.8% during the forecast period. The segment is expected to benefit from the large-scale adoption of smartphones and apps supporting advanced parking. These applications are enabling easy reservation of slots and mobile-enabled payments
In Asia Pacific, the market is anticipated to witness the highest CAGR of 21.4% over the forecast period. The increasing focus of governments across Asia Pacific on improving parking management and reducing traffic congestion and air pollution is expected to fuel market growth in the region

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Smart Parking Systems Market Segmentation

Grand View Research has segmented the global smart parking system market based on hardware, software, service, type, application, and region:

Smart Parking System Hardware Outlook (Revenue, USD Million, 2016 - 2028)

Pucks (Wireless Sensors)
Cameras & LPRs
Smart Meters
Signage
Parking Gates

Smart Parking System Software Outlook (Revenue, USD Million, 2016 - 2028)

Parking Guidance System
Analytics Solutions

Smart Parking System Service Outlook (Revenue, USD Million, 2016 - 2028)

Consulting Service
Engineering Service
Mobile App Parking Service

Smart Parking System Type Outlook (Revenue, USD Million, 2016 - 2028)

On-street
Off-street
- Garage Parking
- Lot Parking

Smart Parking System Application Outlook (Revenue, USD Million, 2016 - 2028)

Commercial
Government
Transport Transit

Smart Parking System Regional Outlook (Revenue, USD Million, 2016 - 2028)

North America
- US.
- Canada
Europe
- UK.
- Germany
Asia Pacific
- China
- Japan
- India
- Australia
- Singapore
- Thailand
- Philippines
- Hong Kong
- Vietnam
- Indonesia
Latin America
- Brazil
Middle East & Africa

List of Players of Smart Parking Systems Market

Altiux Innovations
Amano McGann, Inc.
Amco S.A.
BMW AG (ParkNow GmbH, Parkmobile, LLC)
Cisco Systems, Inc.
CivicSmart, Inc.
Deteq Solutions
Flowbird
gtechna
INDECT Electronics & Distribution GmbH
Kapsch TrafficCom
Libelium Comunicaciones Distribuidas S.L.
Meter Feeder, Inc.
Mindteck
Municipal Parking Services, Inc.
Nedap N.V.
Park Assist
ParkHelp Technologies
ParkJockey
ParkMe Inc.
Robert Bosch GmbH
Siemens AG
SKIDATA AG
Smart Parking Ltd.
SpotHero, Inc.
Swarco AG
Urbiotica, S.L.

About Grand View Research

Vacuum Cleaner Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

Vacuum Cleaner Market Growth & Trends

The global vacuum cleaner market size is expected to reach USD 20.66 billion by 2028, registering a CAGR of 9.6% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing per capita income in developing countries is one of the key factors leading to the increased consumer demand for advanced vacuum cleaners. Moreover, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of safety in private and public spaces. This is estimated to drive market growth over the next few years.

The COVID-19 lockdowns and related travel restrictions have restricted access to housekeeping services. The increased struggle to manage all household chores while maintaining high cleanliness and hygiene standards is driving the demand for household appliances such as vacuum cleaners. To put this into perspective, Panasonic India has seen a growth of 20% in the sales of vacuum cleaners compared to pre-COVID times. Eureka Forbes Ltd. also witnessed strong demand for vacuum cleaners amidst the pandemic in India.

Government initiatives such as ‘Swachh Bharat Mission’ and 100% FDI in India have further fueled the growth of the regional market. Automatic vacuum cleaners and sweepers play a key role in maintaining public health in commercial places. Several state governments in India have adopted road sweeping machines that work like vacuum cleaners to clean the roads. In 2019, Anker Innovations, a Chinese electronics company, entered the Indian market under the FDI scheme with its Eufy range of robot vacuum cleaners and experienced positive growth in 2020.

The market growth is influenced by strong and well-established distribution channels and diversification of manufacturing and supply chain capabilities. For instance, in January 2020, iRobot Corporation expanded its manufacturing facilities in Malaysia to serve the growing demand for household vacuum cleaners in developing countries. In 2018, Snow Joe, LLC leased a Class A distribution center in New Jersey to expand its regional footprint and cater to the demand in the state. The online distribution channel has also gained momentum in recent years and companies are emphasizing the direct-to-consumer sales channel. In 2020, Nilfisk Group launched an e-commerce platform to provide a seamless and improved digital customer experience to its customers. iRobot Corp. is also investing a significant amount in strengthening its direct-to-consumer sales channel infrastructure.

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Vacuum Cleaner Market Report Highlights

The use of intelligent technologies such as Artificial Intelligence (AI) to develop autonomous cleaning solutions is expected to emerge as a major trend aiding the market growth
The robotic vacuum cleaner segment is expected to witness the fastest CAGR over the forecast period. The growth can be attributed to the advanced features offered by robotic cleaners that require minimum human intervention
In terms of distribution channels, the online segment is anticipated to register a CAGR of over 9% from 2021 to 2028. This growth can be attributed to the enormous developments in digitalization and e-commerce platforms globally
The introduction of advanced technologies in robotic cleaners, such as automatic charging systems and voice assistance systems, is expected to drive market growth in the residential segment
North America is expected to maintain its market dominance over the forecast period. The increasing number of commercial places, demand for technology-driven cleaning systems, and the rising popularity of smart home products in the region are driving the regional market growth

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Vacuum Cleaner Market Segmentation

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

Vacuum Cleaner Product Outlook (Revenue, USD Million, 2017 - 2028)

Canister
Central
Drum
Robotic
Upright
Wet & Dry
Others

Vacuum Cleaner Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

Online
Offline

Vacuum Cleaner Application Outlook (Revenue, USD Million, 2017 - 2028)

Industrial
- Manufacturing
- Food & Beverages
- Pharmaceuticals
- Construction
- Others
Residential
Commercial
- Hospital
- Retail Stores
- Hospitality
- Shopping Malls
- Others

Vacuum Cleaner Region Outlook (Revenue, USD Million, 2017 - 2028)

North America
- The U.S.
- Canada
Europe
- UK.
- Germany
Asia Pacific
- China
- India
- Japan
Latin America
- Brazil
Middle East & Africa

List of Key Players in the Vacuum Cleaner Market

Dyson
Ecovacs
iRobot Corporation
Neato Robotics
Nilfisk Group
Panasonic Corporation

About Grand View Research

Fire Alarm And Detection Market to Undertake Strapping Growth By 2028

Fire Alarm And Detection Market Growth & Trends

The global fire alarm and detection market size is expected to reach USD 62.02 billion by 2028, registering a CAGR of 4.1% during the forecast period, according to a study conducted by Grand View Research, Inc. The market is gaining prominence, more so amidst the COVID-19 pandemic that hit the world economy in 2020, with businesses shifting to remote working models. The demand for residential fire safety witnessed a rise, with people spending extended hours working from home.

The global demand surpassed USD 40 billion in 2020 and will continue to witness growth over the next seven years. While the pandemic created a few lucrative opportunities for the OEMs, awareness about the safety and security of assets in the commercial sector also increased. As businesses resume, the need to safeguard facilities with guidelines and installations promoting fire safety will encourage building owners to either replace old equipment or install new safety devices.

In addition, the advancements in fire safety products by leveraging the latest wireless technologies will help OEMs keep up with the competitive rivalry in the industry. Advancements followed by cost-effective products and service & maintenance post installations will go a long way in favoring sales. Vendors aim to launch new products and leverage opportunities in emerging markets by developing a local sales network and closing new business deals.

All such efforts by OEMs will drive market growth over the next few years. Apart from new equipment sales, the demand for the replacement market is also on the rise. Aging infrastructure with outdated fire safety devices will pave the way for new business opportunities over the next seven years. The replacement scenario is likely to create opportunities in the North American and European markets, where the market has hit the ceiling in terms of growth.

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Fire Alarm And Detection Market Report Highlights

The worldwide demand for fire alarms and detectors will witness an uptick, with sales surpassing USD 40 billion in 2020
Mandates and guidelines promoting fire safety in residential, commercial, and industrial settings will upkeep the demand over the forecast period
Smoke detectors witnessed a significant demand in 2020; however, heat detectors will register a rapid CAGR from 2021 to 2028
Regulations governing the commercial sector resulted in the segment dominating the market in 2020
The market in North America has reached maturity, in terms of demand; however, aging infrastructure will drive replacement sales over the forecast period.
Europe will follow North America, registering a CAGR exceeding 4% from 2021 to 2028

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Fire Alarm And Detection Market Segmentation

Grand View Research has segmented the global fire alarm and detection market on the basis of product, type, application, and region:

Fire Alarm & Detection Product Outlook (Revenue, USD Million, 2016 - 2028)

Fire Detectors
Fire Alarms

Fire Alarm & Detection Fire Detectors Type Outlook (Revenue, USD Million, 2016 - 2028)

Flame Detectors
Smoke Detectors
Heat Detectors

Fire Alarm & Detection Fire Alarms Type Outlook (Revenue, USD Million, 2016 - 2028)

Audible
Visual
Manual Call-points

Fire Alarm & Detection Application Outlook (Revenue, USD Million, 2016 - 2028)

Commercial
Industrial
Residential

Fire Alarm & Detection Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in Fire Alarm And Detection Market

Johnson Controls International plc
Honeywell International, Inc.
Napco Security Technologies, Inc.
Nittan Co., Ltd.
Siemens AG
Halma plc
United Technologies Corp.
Robert Bosch GmbH
Eaton Corp.

About Grand View Research

Nutritional Supplements Market Top Players ,Analysis And Forecast Till 2028: Grand View Research Inc.

Nutritional Supplements Market Growth & Trends

The global nutritional supplements market size is expected to reach USD 505.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Growing awareness on health and wellbeing along with the growing prevalence of lifestyle diseases such as obesity and diabetes is driving the market. According to the Centers for Disease Control and Prevention, obesity prevalence was 30.5% in 1999 - 2000 which increased to 42.4% in 2017 - 2018. Consumers are actively treating chronic conditions at home with food and beverages. These chronic conditions are not only limited to lifestyle diseases such as diabetes and obesity but also include blood pressure, anxiety, depression, stress, and joint pain.

There is a rise in the consumption of immunity-boosting supplements among consumers due to the spread of COVID-19. This, in turn, is estimated to drive the market over the forecast period. Moreover, supporting government initiatives to promote a healthy lifestyle and nutrition is estimated to drive the market. For instance, in November 2020, the U.K. government announced its plans to roll out free Vitamin D supplements to the elderly and population who are deemed extremely vulnerable to COVID-19. Many studies suggest that vitamin D could have a positive impact on COVID-19 patients. Furthermore, in April 2017, the Government of Scotland distributed free vitamin supplements to pregnant women in Scotland.

The growing number of product launches, partnerships, and mergers and acquisitions is boosting the adoption of nutritional supplements. For instance, in February 2019, Tilray, Inc. a Canadian pharmaceutical and cannabis company, acquired Manitoba Harvest, a hemp food manufacturer. In October 2020, Health XP launched Shield Whey, a whey protein powder with immunity-boosting vitamins such as vitamin C, vitamin K, and vitamin E. In March 2020, PepsiCo announced the agreement to acquire Rockstar Energy Beverages for USD 3.9 billion.

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Nutritional Supplements Market Report Highlights

The functional foodssegment dominated the market and accounted for the largest revenue share of 60.0% in 2020
The adults segment accounted for the largest revenue share in 2020, whereas the children segment is projected to witness the fastest CAGR during the forecast period
The powder segment accounted for the largest revenue share in 2020, whereas the capsules segment is projected to witness the fastest CAGR during the forecast period
Asia Pacific accounted for the largest revenue share in 2020 due to increasing awareness on health and wellness, growing disposable income, and availability of a large number of nutritional supplements in the region

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Nutritional Supplements Market Segmentation

Grand View Research has segmented the global nutritional supplements market on the basis of product, consumer group, formulation, sales channel, and region:

Nutritional Supplements Product Outlook (Revenue, USD Million, 2016 - 2028)

Sports Nutrition
- Sports Food
  - Protein Bars
  - Energy Bars
  - Protein Gels
- Sports Supplements
  - Isotonic
  - Hypotonic
  - Hypertonic
- Sports Drinks
  - Probiotics
  - Omega -3
  - Carbohydrates
- Sports Supplements
  - Probiotics
  - Omega -3
  - Carbohydrates
    - Maltodextrin
    - Dextrose
    - Waxy Maize
    - Karbolyn
  - Protein
    - Egg Protein
    - Soy Protein
    - Pea Protein
    - Lentil Protein
    - Hemp Protein
    - Casein
    - Quinoa Protein
    - Whey Protein
      - Whey Protein Isolate
      - Whey Protein Concentrate
    - Vitamin
    - Minerals
      - Calcium
      - Potassium
      - Magnesium
      - Iron
      - Zinc
    - Amino Acids
      - BCAA
      - Arginine
      - Aspartate
      - Glutamine
      - Beta Alanine
      - Creatine
      - L-carnitine
    - Fat Burner
      - Green Tea
      - Fiber
      - Protein
      - Green Coffee
      - Others (Turmeric, Ginseng, cranberry, Garcinia cambogia)
    - Dietary Supplements
      - Vitamins
        Multivitamin
        Vitamin A
        Vitamin B
        Vitamin C
        Vitamin D
        Vitamin E
      - Minerals
      - Enzymes
      - Amino Acids
      - Conjugated Linoleic Acids
      - Others
    - Functional Foods
      - Probiotics
      - Omega -3
      - Others

Nutritional Supplements Consumer Group Outlook (Revenue, USD Million, 2016 - 2028)

Infants
Children
Adults
Pregnant
Geriatric

Nutritional Supplements Formulation Outlook (Revenue, USD Million, 2016 - 2028)

Tablets
Capsules
Powder
Softgels
Liquid
Others

Nutritional Supplements Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

Brick & Mortar
- Direct Selling
- Chemist/Pharmacies
- Health Food Shops
- Hyper Markets
- Super Markets
E-commerce

Nutritional Supplements Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Nutritional Supplements Market

Amway
Abbott Nutrition
Nestle
Herbalife International of America, Inc.
Glanbia plc

About Grand View Research

Digital Patient Monitoring Devices Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

Digital Patient Monitoring Devices Market Growth & Trends

The global digital patient monitoring devices market size is expected to reach USD 444.6 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 23.5% from 2021 to 2028. The growth of the market is driven by the rapid adoption of Remote Patient Monitoring (RPM) solutions, technological advancements such as artificial intelligence and Internet-of-things (IoT), and new product launches. Furthermore, rising per capita income and growing awareness among patients are anticipated to positively impact the market.

Furthermore, the growing number of startup businesses and increasing funding for them is expected to bode well with the market. Active government measures for expanding the coverage for RPM, mHealth, and telehealth have accelerated the shift towards digital health. As a result, a plethora of startup companies have started to utilize this opportunity. For example, in August 2020, Optimize Systems Inc. raised USD 15.6 million to expand its RPM platform. This is likely to favor the growth of the market.

The COVID- pandemic has significantly increased the demand for remote monitoring and patient engagement solutions such as multiparameter, temperature, respiratory, cardiac, insulin, pressure/hemodynamic, and neonatal/fetal monitoring devices. This equipment plays a significant role in helping combat the COVID-19 infection. The manufacturers are focusing on expanding their production to meet the growing demand. Furthermore, the use of mobile-based solutions can help in reducing the patient volume in hospitals and controlling the spread of infection. Thus, the increasing adoption of mHealth apps in the current scenario is expected to positively impact the market.

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Digital Patient Monitoring Devices Market Report Highlights

The wearable devices segment dominated the market in terms of revenue share in 2020. Growing demand for home-based medical care, increasing penetration of IoT-based medical equipment, and growing expenditure on healthcare across are propelling the growth of the segment
The diagnostic monitoring devices segment held the maximum portion of the market in 2020 owing to the rising prevalence of diabetes and drastic increase in demand for pulse oximeter as a result of COVID-19
North America dominated the market in 2020. The rapid adoption of RPM in hospitals and clinics, strong government support, and new product launches are attributable to the prominent share of the region
The APAC region is anticipated to witness lucrative growth during the forecast period owing to the rising geriatric population and increasing smartphone penetration
In February 2021, Philips acquired BioTelemetry, Inc.-a remote cardiac diagnostics solution provider to strengthen its position in the industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-digital-patient-monitoring-devices-market

Digital Patient Monitoring Devices Market Segmentation

Grand View Research has segmented the global digital patient monitoring devices market on the basis of type, product, and region:

Digital Patient Monitoring Devices Type Outlook (Revenue, USD Million, 2016 - 2028)

Wireless Sensor Technology
mHealth
Telehealth
Wearable Devices
Remote Patient Monitoring
- Hospital Inpatient
- Ambulatory Patient
- Smart Home healthcare

Digital Patient Monitoring Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

Diagnostic Monitoring Devices
- Vital Sign Monitors
- Sleep Monitors
- Fetal Monitors
- Neuromonitors
- Other Monitors
Therapeutic Monitoring Devices
- Insulin Monitors
- Respiratory Monitors
- Other Monitors

Digital Patient Monitoring Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Digital Patient Monitoring Devices Market

GE Healthcare
AT&T
ATHENAHEALTH, INC.
Abbott
Koninklijke Philips N.V. AB
Hill-Rom Services Inc.
Medtronic
Omron Healthcare, Inc.
FitBit, Inc.
Garmin Ltd.
VitalConnect
ResMed
Siren

About Grand View Research

Leather Goods Market to Incur Meteoric Growth During 2021 to 2028: Grand View Research Inc.

Leather Goods Market Growth & Trends

The global leather goods market size is anticipated to reach USD 624.08 billion by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Rising fashion consciousness among consumers has been a key factor boosting the product demand and this has driven various brands to expand their product portfolio. Apart from leading labels and brands, smaller manufacturers have also been gaining importance in the market. Various startups have come up with customized leather products to meet the changing demands of consumers.

For instance, 1 Atelier, a U.S.-based start-up formed in 2015, allows customers to customize the color and hardware of their leather handbags. Strong brand recognition, along with an increasing number of companies entering the market, is driving the sales of leather goods in the market. E-commerce retail channels play a significant role in the distribution of leather goods as a considerable amount of the market revenue is generated through these channels. Online sales channels make it easy for consumers to browse through millions of products at one place without having to physically visit retail stores. Millennials have been one of the prominent consumer segments driving the growth of online distribution channels.

According to the Global Online Survey data, the propensity of millennials to purchase leather goods through online platforms was almost twice that of Generation-X in 2018. The increasing working population and the rising disposable income also drive market growth. Several companies enforce a corporate dress code, which supports the demand for leather shoes. The rising awareness regarding sustainable products offers a huge growth opportunity to the products made from cruelty-free sources. Many celebrities have been opting for vegan fashion products, which influences consumers to conscientiously choose cruelty-free apparel.

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Leather Goods Market Report Highlights

Home décor and furnishing is projected to be the fastest-growing segment over the forecast period
The footwear segment was valued at USD 188.10 billion in 2020 and is expected to reach USD 295.09 billion by 2028
Consumers prefer good-quality leather shoes and are willing to pay a higher price for the same to help improve their overall appearance
Various brands, such as Nike, Puma, and Adidas, have collaborated with celebrities to come up with new products that are priced higher than other products offered by the brand
For instance, Stella McCartney and Kanye West have collaborated with Adidas. These trends are expected to impact the market for footwear over the forecast period.
Asia Pacific is projected to remain at the forefront, in terms of CAGR, over the forecast period

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

Leather Goods Market Segmentation

Grand View Research has segmented the global leather goods market on the basis of product, type, and region:

Leather Goods Product Outlook (Revenue, USD Billion, 2016 - 2028)

Handbag
Small Leather Goods &Accessories
Apparel
Footwear
Home Décor & Furnishing
Pet Accessories
Automotive Accessories

Leather Goods Type Outlook (Revenue, USD Billion, 2016 - 2028)

Genuine
Synthetic
Vegan

Leather Goods Regional Outlook (Revenue, USD Billion, 2016 - 2028)

North America
- US.
Europe
- Germany
- UK.
- France
- Italy
Asia Pacific
- China
- India
Central & South America
- Brazil
Middle East & Africa
- South Africa

List of Key Players of Leather Goods Market

Adidas AG
Nike, Inc.
Puma SE
Fila, Inc.
New Balance Athletics, Inc.
Knoll, Inc.
Samsonite International S.A.
VIP Industries Ltd.
Timberland LLC
Johnston & Murphy
Woodland Worldwide
Hermès International S.A.
Louis Vuitton Malletier
VF Corp.
COLLAR Company
LUCRIN Geneva
Nappa Dori
Saddles India Pvt. Ltd.
Lear Corp.

About Grand View Research

Automated Guided Vehicles Market is Expected To Register a CAGR of 13.0% from 2021 to 2028| Top Industry Leaders Daifuku Co., Ltd.

Automated Guided Vehicle Market Growth & Trends

The global automated guided vehicle market size is expected to reach USD 9.32 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 13.0% from 2021 to 2028. AGVs have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, the Automated Guided Vehicles (AGVs)ensure a predictable and reliable transfer of raw materials as well as manufactured products from one point to another point within the facility, thereby eliminating any potential disruption in production. These vehicles can operate safely around structures, machinery, and employees, as they are equipped with accessories, such as camera vision and LiDAR sensors, among others, which help in detecting junctions, identifying floor signs, and avoiding collisions with any obstacle.

Several manufacturing plants and warehouses are deploying material handling equipment for various activities, such as locating stock, picking orders, and moving products and raw materials. Transportation and logistics firms are mainly focusing on the deployment of such equipment to boost the efficiency of their operations in line with the growing demand for their services. For instance, in September 2019, a U.S.-based robotic solutions provider AHS, LLC partnered with Exotec, which is a France-based mobile robot picking system provider. The former company introduced 3D mobile robots that can move in three dimensions and enable warehouse team members to focus on packing and shipping and neglecting the long-distance walks to access inventories. Also, material handling solutions are used to increase the efficiency of transportation, decrease physical damage to the material, and reduce overheads by limiting the number of employees.

The AGV market is witnessing a progressive switch from lead-acid batteries to lithium-ion batteries. Lithium-ion batteries offer several advantages over lead-acid batteries. They tend to be lighter and compact. They can charge faster, provide longer runtimes, and support more charge cycles. Hence, they are ideal for AGVs, as they are not required to be charged frequently during operating shifts or in 24x7 operating environments, and AGVs running on lithium-ion batteries can offer higher round-trip efficiencies.

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Automated Guided Vehicle Market Report Highlights

The adoption of material handling equipmentand automation solutions is growing significantly across several industries
The growing adoption of AGVs by the automotive industry as well as the automotive supply industry to move intermediate products within the facility is expected to drive the growth of the AGV market
The manufacturing industry is increasingly adopting AGVs to save on labor costs. While AGV can operate on a 24x7 basis, the costs associated with the procurement and maintenance of AGV tend to be lesser than the costs incurred on salaries and employee benefits
The logistics and warehousing segment happen to be the largest application of automated guided vehicles. The segment generated the highest revenue in 2020and is expected to retain its dominance over the forecast period
Europe dominated the global market in 2020. However, the Asia Pacific region is projected to expand at the highest CAGR from 2021 to 2028

Access Press Release@ https://www.grandviewresearch.com/press-release/global-automated-guided-vehicle-agv-market

Automated Guided Vehicle Market Segmentation

Grand View Research has segmented the global automated guided vehicle market based on vehicle type, navigation technology, application, end use industry, component, battery type, and region:

Automated Guided Vehicle Type Outlook (Revenue, USD Million, 2017 - 2028)

Tow Vehicle
Unit Load Carrier
Pallet Truck
Forklift Truck
Hybrid Vehicles
Others

Automated Guided Vehicle Navigation Technology Outlook (Revenue, USD Million, 2017 - 2028)

Laser Guidance
Magnetic Guidance
Vision Guidance
Inductive Guidance
Natural Navigation
Others

Automated Guided Vehicle Application Outlook (Revenue, USD Million, 2017 - 2028)

Logistics and Warehousing
- Transportation
- Cold Storage
- Wholesale & Distribution
- Cross-docking
Assembly
Packaging
Trailer Loading and Unloading
Raw Material Handling
Others

Automated Guided Vehicle End-use Industry Outlook (Revenue, USD Million, 2017 - 2028)

Manufacturing Sector
- Automotive
- Aerospace
- Electronics
- Chemical
- Pharmaceuticals
- Plastics
- Defense
- FMCG
- Tissue
- Others
Wholesale and Distribution Sector
- E-commerce
- Retail Chains/Conveyance Stores
- Grocery Stores
- Hotels and Restaurants

Automated Guided Vehicle Component Outlook (Revenue, USD Million, 2017 - 2028)

Hardware
Software
Service

Automated Guided Vehicle Battery Type Outlook (Revenue, USD Million, 2017 - 2028)

Lead Battery
Lithium-ion Battery
Nickel-based Battery
Others

Automated Guided Vehicle Regional Outlook (Revenue, USD Million, 2017 - 2028)

North America
- The U.S.
- Canada
- Mexico
Europe
- UK.
- Germany
- France
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
South America
- Brazil
Middle East and Africa (MEA)

List of Key Players of Automated Guided Vehicle Market

Swisslog Holding AG
Bastian Solutions, Inc.
Daifuku Co., Ltd.
Dematic
JBT
Seegrid Corporation
TOYOTA INDUSTRIES CORPORATION
Hyster-Yale Materials Handling, Inc.
BALYO
E&K Automation GmbH
Kollmorgen
KMH Fleet Solutions
ELETTRIC80 S.P.A.
Fetch Robotics, Inc.
inVia Robotics, Inc.
Locus Robotics
Schaefer Systems International, Inc.
System Logistics Spa
Scott

About Grand View Research

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Automated Guided Vehicles Market is Expected To Register a CAGR of 13.0% from 2021 to 2028| Top Industry Leaders Daifuku Co., Ltd.

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Automated Guided Vehicle Market Report Highlights

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