Posts

Showing posts from June, 2022

Smart Pole Market Manufacture Development Analysis Report by 2030

Image
Smart Pole Industry Overview The global smart pole market size was valued at USD 7.55 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.6% from 2022 to 2030.  The market growth can be attributed to the ability of smart poles to prevent accidents and traffic jams, the growing need for energy-efficient streetlights, and rising government initiatives for the development of smart cities. Additionally, the integration of air quality monitoring systems, surveillance cameras, wireless sensor networks, traffic management systems, and transport management systems in smart poles have contributed to the demand. The growing adoption of AI and IoT for enhancing the performance of these systems is expected to further accelerate market growth. Gather more insights about the market drivers, restrains and growth of the Global Smart Pole Market Governments of various countries are focused on developing their cities by providing smart poles with Wi-Fi access and

Flow Meter Market Business Opportunities and Future Scope Till 2028

Image
Flow Meter Industry Overview The global flow meter market size was valued at USD 8.29 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028.  The market shipment size was valued at 53,78,749 units in 2020. The increasing demand for flow rate measurement in O&G management applications across the globe is expected to drive the growth of the market over the forecast period. The adoption of measurement technologies and instruments would also gain traction in other sectors, such as water and wastewater, power generation, and pulp and paper over the forecast period. The adoption of products would be particularly significant in the O&G, and chemical and petroleum refinery sectors owing to the recent detection of shale gas reserves in North America, Europe, and the Asia Pacific. Gather more insights about the market drivers, restrains and growth of the Global Flow Meter Market The demand for intelligent systems is expected to

Biostimulants Market Technological Advancements, Forecast & Opportunities 2030

Image
Biostimulants Industry Overview The global biostimulants market size was valued at USD 2.79 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.4% from 2022 to 2030.  This is attributed to increased instances of soil degradation, stringent regulations on the use of chemicals in the agriculture sector, and the need for sustainable & eco-friendly alternatives to boost the growth and productivity in the agriculture sector. Biostimulants can be substances or microorganisms, which are added to the plants to enhance their characteristics and increase the yield. As the population is growing, the demand for the product is also increasing due to the growing awareness about the harmful, long-term effects of artificial chemicals used for plant growth. Thus, the growing demand for organic and natural goods is positively impacting the market growth, especially in APAC. Gather more insights about the market drivers, restrains and growth of the Global Biost

Automotive Finance Market Competitive Landscape and Industry Analysis 2030

Image
Automotive Finance Industry Overview The global automotive finance market size was valued at USD 244.88 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 7.2% from 2022 to 2030.  The increasing global demand for electric vehicles is one of the major factors, expected to drive market growth. According to the Experian’s State of the Automotive Finance report, electric vehicles comprised 4.56% of new vehicle financing in Q4 2021, up from 2.25% in Q4 2020 and 1.34% in Q4 2019 in the U.S. According to this report, consumers in the U.S. are more likely to purchase new electric vehicles rather than lease them. Gather more insights about the market drivers, restrains and growth of the Global Automotive Finance Market The growing importance of captive automotive finance worldwide is creating new opportunities for market growth. Captive finance is a subsidiary of an automaker that provides loans and financial services to the company's customers. The ben

Antibiotic Resistance Market Regional Landscape, Sales and Consumption Status Report by 2025

Image
Antibiotic Resistance Industry Overview The global antibiotic resistance market size was valued at USD 7.81 billion in 2017. It is anticipated to register a CAGR of 5.6% from 2018 to 2025.  High burden of antibiotic-resistant infections and emergence of multi-drug resistant pathogens have been augmenting the market. Pharmaceutical companies, such as GlaxoSmithKline, Johnson & Johnson, Novartis, and Sanofi, are at the forefront of the global pharmaceutical industry but are less actively involved in clinical development of antibiotics. Majority of large pharmaceutical companies find the market lucrative enough due to relatively slower growth in revenues for marketed drugs and lower return on investments. For instance, Novartis recently canceled all plans to continue with R&D for its antibacterial drugs. Gather more insights about the market drivers, restrains and growth of the Global Antibiotic Resistance Market On the other hand, there are several biotech companies includi

Population Health Management Market Regional Opportunities And Future Scope Report by 2030

Image
Population Health Management Industry Overview The global population health management market size was valued at USD 47.5 billion in 2021 and is expected to expand at a CAGR of 21.9% from 2022 to 2030.  The medical industry is rapidly transforming from a paper-based system to a digitized system, accelerating the demand for healthcare IT services. In addition, increasing demand for solutions supporting value-based care delivery by healthcare stakeholders has resulted in a shift from Fee-For-Service (FFS) to Value-Based Payment (VBP) models. The rising demand for effective disease management strategies is also expected to boost the market growth. Gather more insights about the market drivers, restrains and growth of the Global Population Health Management Market Due to the COVID-19 pandemic, medical institutions are under tremendous strain, and the healthcare industry throughout the world is being swamped by the high number of patients regularly. In various countries, the rising fre

Pigment Dispersion Market Leading Players Analysis, Size And Growth Factors By 2030

Image
Pigment Dispersion Industry Overview The global pigment dispersion market size was valued at USD 23.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. The steady growth in the packaging industry, in terms of both food and non-food packaging and printing of labels, is expected to drive the demand for pigment dispersions during the forecast period. Polyethylene terephthalate (PET), polypropylene (PP), and polystyrene (PS) are the most preferred polymers in the single-service food packaging segment. Factors such as the increasing use of plastic and paper & paperboard materials and the use of various colorants to make attractive packaging are expected to drive the overall pigments demand.  Gather more insights about the market drivers, restrains and growth of the Global Pigment Dispersion Market Organic pigments are an alternative to some of the toxic inorganic pigments. However, organic pigments are more expensive and so

Parking Management Market Share And Landscape Outlook, Revenue Growth Analysis To 2030

Image
Parking Management Industry Overview The global parking management market size was valued at USD 4.23 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.1% from 2022 to 2030.   The rising number of vehicles across the world, growing demand for an effective traffic management solution, and rapid development of smart cities are contributing to the growth of the market. The COVID-19 pandemic compelled a decrease in growth activities as many countries imposed strict restrictions by announcing a complete lockdown. Additionally, the government of several nations invested heavily in their healthcare systems to help identify the signs of the virus and stop the spread, which included restriction measures such as no crowding of public transports stations and vehicles that hindered the growth of parking management for a short period. However, the ease in travel restrictions currently is expected to propel the market demand, as most of the places are opening

Meningococcal Vaccines Market Demands, Company Overview, Financial Performances 2030

Image
Meningococcal Vaccines Industry Overview The global meningococcal vaccines market size was valued at USD 2.88 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. The increasing prevalence of meningitis is one of the major factors expected to drive the market. According to the Centers for Disease Control and Prevention (CDC), around 1.2 million cases of bacterial meningitis are projected to occur globally every year. Moreover, increasing immunization programs, growing awareness about the disease, and increasing R&D activities pertaining to meningococcal vaccines are expected to fuel the market growth during the forecast period. Gather more insights about the market drivers, restrains and growth of the Global Meningococcal Vaccines Market The overall market experienced a decline in 2020 owing to the COVID-19 pandemic. The net sales of Menactra, Menveo, Nimenrix, Trumenba, and Bexsero were negatively impacted in 2020. Howe

Coated Glass Market Size, Estimates, And Forecast To 2030

Image
Coated Glass Industry Overview The global coated glass market size was valued at USD 32.32 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. The rising penetration of green buildings and the need to improve energy efficiency and rising awareness associated with it are projected to benefit the market growth over the coming years. Coated glass is used in residential and commercial buildings to keep the inside rooms cool and allow maximum visible light. By reflecting the infrared energy, the temperature inside the building is cooler and therefore it reduces the dependence on air conditioning systems. The product is also used in colder regions, to maintain the warm temperature of the room. In the building & construction industry, coated glass is generally used in the form of insulated glazing units in façades and windows. As a result, the growth of the construction industry in the U.S. is predicted to benefit the market. Gathe

Variable Frequency Drive Market Size, Status and Future Forecasts to 2030

Image
Variable Frequency Drive Industry Overview The global variable frequency drive market size was valued at USD 24.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.  Increasing penetration of connected devices in various sectors such as commercial, industrial, and residential sectors, coupled with rising demand for variable frequency drive (VFD) due to their benefits such as adjustable speed, dynamic torque control, and energy-saving from sectors such as power generation, automotive, and oil & gas are crucial factors expected to drive the market growth. Additionally, increasing investment in infrastructure development is resulting in high demand for HVAC systems which calls for solutions to improve building energy efficiency this factor is expected to positively impact the target market growth. Gather more insights about the market drivers, restrains and growth of the Global Variable Frequency Drive Market Rapid industr

Vacuum Cleaner Market Potential Growth, Demand and Analysis of Key Players 2030

Image
Vacuum Cleaner Industry Overview The global vacuum cleaner market size was valued at USD 11.47 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. Reduction in the time left for doing household chores due to the Work from Home (WFH) model is one of the key factors driving the demand for vacuum cleaners in the residential sector. Changing lifestyles, high disposable incomes, a growing working population, rising purchasing power, and ease of usage are other significant factors catalyzing the market's growth worldwide. The emergence of robotic vacuum cleaners, which can clean an area without human intervention, is also expected to work in the market’s favor, driving the market growth. For instance, in April 2022, Xiaomi. launched a new sweeping robotic vacuum named Mijia, which helps deep clean and remove tough stains without human intervention. The device controls through Xiao AI voice commands or the Mijia app. With the help

Perimeter Security Market Overview, Future and Forecast Report to 2030

Image
Perimeter Security Industry Overview The global perimeter security market size was valued at USD 59.21 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2022 to 2030.  The increasing threat of terrorism and cross-border intrusions has forced governments to impose stringent standards pertaining to the safety of nations, resulting in market growth. A rise in the development of smart cities and infrastructure is the key factor driving the market. Government support for implementing different security systems at critical locations is on the rise. Technological advancements in the field of automation have resulted in the rapid adoption of the latest techniques, such as video analytics and aerial drones to provide better results. Gather more insights about the market drivers, restrains and growth of the Global Perimeter Security Market With the growing safety concerns among people, manufacturers have come up with new multilayered perimeter prot

Eye Tracking Market Share, Competitive Landscape and Forecasts 2030

Image
Eye Tracking Industry Overview The global eye tracking market size was valued at USD 638.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 33.4% from 2022 to 2030.  The increasing use of smart sensors for process control and decision making and the rising demand for contactless biometrics coupled with the growing adoption of Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) in consumer electronics & other commercial applications areas are expected to drive the market growth significantly. The industry has been gaining prominence due to the increasing adoption of the vision capturing technology in commercial spaces, particularly in industries and sectors including retail, healthcare, research, automotive, consumer electronics, government & defense, and security & surveillance. Gather more insights about the market drivers, restrains and growth of the Global Eye Tracking Market The optical tracking system,

Digital Payment Market Regional Landscape, and Forecasts 2030

Image
Digital Payment Industry Overview The global digital payment market size was valued at USD 68.61 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.5% from 2022 to 2030. The worldwide increase in customer preference for real-time payments is one of the major factors driving the market growth. According to statistics provided by McKinsey & Company, India registered 25.6 billion real-time transactions in 2020, witnessing a 70% increase from 2019. The increasing adoption of mobile wallets can be attributed to this significant rise in the use of real-time payments in the country. E-commerce service providers are making efforts to strengthen their competitive positions by moving from traditional credit card and consumer finance solutions toward customer engagement solutions that leverage digital payments. Gather more insights about the market drivers, restrains and growth of the Global Digital Payment Market E-commerce companies are also making

White Oil Market Outlook, Latest Trends and Dynamics By 2030

Image
White Oil Industry Overview The global white oil market size was valued at USD 2.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. The demand for the product is anticipated to be driven by the increased demand for the product in the personal care and pharmaceutical industries. Globally, rising product demand from medicinal and cosmetics applications is expected to be a major driver in the market. White oils are mineral oils that have been purified to be pure, stable, colorless, odorless, and non-toxic. Gather more insights about the market drivers, restrains and growth of the Global White Oil Market The product is a highly refined and colorless mineral oil made from the paraffinic crude feedstock. It has a variety of performance characteristics, including good hydrophobicity, low odor and taste, and bio-stability, making it suitable for a wide range of applications. The product also has a low aromatic and Sulphur conten

Sterilization Equipment Market Share, Historical Data & Forecasts 2030

Image
Sterilization Equipment Industry Overview The global sterilization equipment market size was valued at USD 7.2 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 10.5% from 2022 to 2030. Hospital-acquired Infections (HAIs), also known as nosocomial infections, are primarily found in patients receiving long-term treatment, mainly surgical treatment. They can occur in surgical centers, clinics, hospitals, ambulatory surgical centers, and long-term care facilities, such as nursing homes & rehabilitation centers. Generally, the geriatric population, children, and patients with low immunity are prone to HAIs. Gather more insights about the market drivers, restrains and growth of the Global Sterilization Equipment Market Factors such as the use of catheters, lack of proper hygiene in healthcare settings, and excessive use of antibiotics can increase predisposition to HAIs. Furthermore, an increase in the number of surgical procedures in clinics is