Global Blockchain Technology Market
The Global Blockchain
technology market size was estimated at USD 4.98 billion in 2022 and
is extending to around USD 2,442.46 billion by 2032, poised to grow
at a compound annual growth rate (CAGR) of 88.7% during the forecast
period 2023 to 2032.
Key Takeaways:
- By type, the public cloud segment has held 61%
of the total revenue share in 2022.
- By components, the infrastructure &
protocols segment accounted for 63% of revenue share in 2022.
- By applications, the payments segment
contributed 45% of the total revenue share in 2022.
- By enterprise size, the large enterprises
segment held 68.5% revenue share in 2022.
- By end use, the financial services segment has
reached a 39% market share in 2022.
- The North America region accounted for 38%
market share in 2022.
Shared Blockchain is an immutable, shared ledger that
makes it easier to record transactions and manage assets inside a business
network. Intangible assets (cars, money, houses, and land) can exist alongside
tangible assets (patent, brand image, copyright, intellectual property).
Almost any valuable asset may be monitored and processed
on the blockchain network, lowering risks and costs for all parties involved.
Blockchain is suitable for supplying this information since it allows for
immediate, shareable, and entirely transparent data to be kept on an immutable
ledger that only authorized network users may access.
Growth Factors
In addition, the growing capitalization of market-linked
cryptocurrencies has promoted the risk of capital investments made by different
countries. According to the size of the Blockchain technology market,
cryptocurrency has marked innovation in different payment contexts. Furthermore,
compared to other types of payment, these currencies offer lower transaction
fees. Furthermore, because transaction fees are expensive, cryptocurrencies are
attracting businesses and individuals to use cross-border payment methods.
Also, due to the decentralized ownership of these cryptocurrencies,
cross-border regulators cannot impose any kind of restrictions on these
transactions. Therefore, low transaction fees and many other factors are
beneficial to Blockchain technology market revenue as well as cryptocurrency
capitalization, which motivates venture capitalists to invest in Blockchain
technology market share.
Author Name : Report Hive Research
Generative AI: The Key to New Innovations
Generative AI According to Report Hive Research is projected to expand with
a growth of $1.4 trillion over the next 10 years from a market size of $46
billion in 2023 due to the influx of consumer generative AI programs like
Google's Bard and OpenAI's ChatGPT.
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What is Generative AI?
An artificial intelligence that can produce fresh content is
known as generative AI. This is in contrast to discriminative AI, which is used
to classify or predict existing content. Generative AI can be used to create
images, text, music, and other forms of content.
There are many different types of generative AI models, but
they all work by learning from a dataset of existing content. The model then
uses this knowledge to generate new content that is similar to the data it was
trained on.
The Generative AI Market 2023
The growth of the generative AI market is being driven by the
increasing demand for new content, such as images, text, and music. Generative
AI can also be used to improve existing products and services, such as customer
service chatbots and personalized marketing campaigns.
Growth may accelerate at a CAGR of 44%, propelled initially by training infrastructure and subsequently by large language models (LLMs), digital advertisements, specialised software, and services in the medium- to long-term.
Additionally, growing demand for generative AI solutions might result in an increase in software revenue of around $300 billion, driven by copilots that speed up coding, new infrastructure products, and specialised assistants. The biggest winners as businesses transition increasingly to cloud computing could be companies like Amazon WebServices, Microsoft, Google, and Nvidia.
According to our Analyst, generative AI is expected to increase its influence from less than 1% of the overall spending on IT hardware, software services, advertising, and gaming to 12% by 2030. By 2030, generative AI infrastructure as a service, which is used to train LLMs, will be the largest source of additional revenue, followed by specialised generative AI assistant software ($90 billion) and digital adverts supported by the technology ($195 billion). Revenue from hardware will be driven by conversational AI devices ($113 billion), AI servers ($140 billion), AI storage ($98 billion), and computer vision AI products ($65 billion).
Generative AI Applications
There are several potential uses for generative AI,
including:
Content creation: New music, text, and images can be produced using generative AI. There are several uses for this, including marketing, entertainment, and education.
Generative AI Technology
There are many different technologies that can be used for
generative AI. Among the most popular technologies are
Deep learning: a type of machine learning that
uses artificial neural networks to learn from data.
Generative adversarial networks (GANs): GANs are a type of deep learning model that consists of two neural networks that compete against each other. One network, the generator, tries to create new content that is similar to the data it was trained on. The discriminator on the opposing network seeks to discern between authentic and false content.
Variational Autoencoders (VAEs): VAEs are a type of deep learning model that can be used to encode and decode data. VAEs can be used to generate new content by decoding random noise into data that is similar to the data it was trained on.
Generative AI Future
The future of generative AI is bright. As the technology
continues to develop, it will become more powerful and versatile. This will
allow generative AI to be used for a wider range of applications, such as
creating realistic virtual worlds and designing new products.
Generative AI Examples
·
Midjourney: Using brief cues, users of this
generative AI platform can produce music, writing, and visuals. Although
Midjourney is still in development, some excellent work has already been
produced using it.
·
Night Cafe AI: Another generative AI application that
enables users to produce visuals from word descriptions is Night Cafe AI. Night
Cafe AI is renowned for its distinctive and surreal aesthetic.
·
Stable AI: Stable AI is a platform for generative AI
that specializes in producing realistic visuals. Although stable AI is still
being developed, several remarkable photos of people, animals, and objects have
already been produced with it.
Use Cases for Generative AI in IT
·
Code generation: Software applications can
be created via generative AI. This can speed up the development process and cut
down on the time and expense involved in developing new applications.
·
Bug fixing: Software application flaws can
be found and fixed using generative AI. This can aid in enhancing software
quality and lowering mistake rates.
·
Generative artificial intelligence (AI) can
be used to test software for security flaws. Before attackers take advantage of
security holes, this can assist to find and repair them.
·
Analysis of huge data sets: Generative AI can
be used to analyze large data sets. In the data, this can assist in seeing
patterns and trends that would be challenging to detect manually.
Generative AI in the Healthcare Industry Use Case
Generating
medical images: Generative AI can be used to
produce medical images like X-rays and MRIs. This can be used to develop
virtual simulations of medical operations as well as train machine-learning
models for medical diagnostics.
Patient
care: Generative AI can be utilized to give patients individualized care.
This can involve making personalized educational materials, building virtual
assistants, and forecasting patient outcomes, among other things.
Author Name : Report Hive Research
Luxury jewelry market to surge in Europe and Asia-Pacific
Luxury jewelry is a personal ornament
designed with a variety of materials, including gold, silver, diamonds, and
platinum. It includes a variety of products such as necklaces, brooches, rings,
bracelets, pendants, hair ornaments, earrings, cuffs, etc.
Rising consumer spending on luxury goods is
considered to be a key factor expected to drive the global Luxury Jewelry Market growth during the forecast period. The increasing promotion
of luxury jewelry by online marketers complemented by diverse product portfolio
and discounts applied on online purchases is also expected to further
accelerate global market growth during the forecast period. Prominent luxury
jewelry brands that offer online and offline activities to increase product
visibility include some names such as David Yurman, Tiffany & Co., and
Swarovski.
The high cost of luxury jewelry is a key
factor that is expected to somewhat restrain the growth of the global luxury
jewelry market during the forecast period. But the improving standard of living
and high expenditure on luxury items should subdue the negative effects created
by the high product costs. Apart from the significant demand for women jewelry,
a recent trend observed in the luxury jewelry market is an increase in demand
for men's jewelry, which is expected to continue over the forecast period,
further boosting luxury jewelry market demand.
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Rising investments in new jewelry
processing and manufacturing technologies, such as computer-aided systems (CAD)
-- now highly used for jewelry manufacturing, are expected to create immense
potentials to generate revenue-making opportunities for players operating in
target markets over the forecast period.
Based on materials, the diamond segment is
expected to record significant growth in terms of revenue during the forecast
period, due to increased demand for diamond rings across the globe. Especially
used for occasions like engagements or marriage ceremonies seen in high
practice worldwide.
Based on the distribution channels, the
mono-brand store segment is expected to record a significant revenue share over
the forecast period, owing to the advantage of developing brand identity and
increasing consumer visits to such dedicated retail establishments. Based on
product type, the earring segment is expected to record a significant revenue
share over the forecast period, with a sharp increase in women's preference for
wearing earrings nowadays which allows them to quickly and easily adapt to
their dress style.
The European market is expected to dominate
the global luxury jewelry market share in terms of overall revenue during the
forecast period, with increased customization of jewelry, the increased
popularity of pop-up stores, and the rising trend of costume & jewelry fusion
in different countries of the region You. Besides, the Asia-Pacific luxury
jewelry market will also account for a substantial revenue share during the
forecast period due to increased consumer preferences for luxury goods
purchases well supported by high disposable income in the middle-aged working
professionals in the region.
Author Name : Report Hive Research
A wide array of Medicinal and Healing properties offered by the drink to foster kombucha market trends
Kombucha is basically a fermented tea that
belongs to the functional beverage industry. Attributed to its probiotic
properties, kombucha helps to maintain the balances of essential bacteria in
the digestive tract and improves the immune system. The shifting consumer focus
from dairy products to effective and effective probiotic drinks is anticipated
to boost the kombucha market outlook in the coming years.
Talking of its medicinal and healing
properties, Kombucha helps fight cancer, arthritis, and other degenerative
diseases. Moreover, it has the ability to detoxify the body, increase energy
levels, increase metabolism, rebuild connective tissue and reduce headaches,
all collectively increasing the product demand. several studies have shown that
Kombucha consists of the rich amount of bacterial acids and enzymes that aid
the detoxification process, and thereby reduce the burden on the pancreas and
liver. Ever-increasing awareness of the health benefits provided by kombucha
coupled with a surge in demand for dietary supplements is expected to stimulate
the Kombucha Market trends over the forecast period.
In terms of flavor, the kombucha market is
divided into two main segments --original, and flavored kombucha tea. While
many manufacturers offer a variety of flavors along with the original raw form,
the increasing investments to the research and development to formulate new
exotic flavors should help in the expansion of kombucha market size apparently.
Flavored kombucha tea segment is therefore
expected to maintain its double-digit growth rate contributing to the majority
of kombucha market share by the end of the forecast period. The growth can be
owed to the easy availability of several flavors and ease of customizations.
Besides, the wide availability of cheap kombucha homebrew kits has been also
increasing product popularity, in turn, driving the kombucha market growth.
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Based on distribution channels, the
kombucha market is primarily divided into online and offline store segments,
where the offline segment includes supermarkets and other retail stores.
Supermarkets held the largest revenue share in 2019 due to their high
accessibility and rising trend of shopping at bigger and well-organized stores.
The supermarkets not only speed up the product sales but also marketing new
products which further starts a chain reaction. Moreover, most of these
mega-stores offer huge discounts on introductory products due to their high investment
capacity, which further adds up to the segmental growth.
The North American region dominated the
global kombucha market in 2019 with a revenue percentage of over 50%. The rapid
adoption of health and wellness products complemented by the increased spending
power of the middle-income groups remains the key driver for regional growth.
Besides, increasing demand for non-carbonated and low-calorie drinks should
spur the North America Kombucha market demand in the years to come.
Author Name : Report Hive Research
Robust industrialization and adoption of smart technologies in the manufacturing sector to stimulate the industrial predictive maintenance market trends over 2020-2026
Predictive maintenance is a technique that
helps analyze and determine the condition of any piece of equipment in real-time. So using this technique it ensures to efficiently estimate the
maintenance performance timeframe, and thus it effectively saves time and money
for the industries. Predictive maintenance works by detecting failure patterns
by identifying when they occur, and enables the responsible person to take
preventive measures before the equipment malfunctions. Therefore, this solution
acts as a very effective tool for industries in almost every vertical, which
has been driving the Industrial Predictive Maintenance Market growth.
This novel approach has several advantages
ranging from saving the precious production time to the costs associated with
major equipment parts. In addition, predictive maintenance techniques minimize
the overall time for maintenance and repair of industrial equipment, thereby
ensuring to keep it online for maximum time. Apart from guaranteeing the
production quality and reliability, predictive maintenance could also fix the
issues related to inventory overstocking during the equipment downtime.
Industrial predictive maintenance is often
provided as a service by other organizations which leverage high tech sensors
and instruments to identify a possible failure. The growing adoption of sensors
among several industries such as energy, utilities, manufacturing, and
automotive to minimize overall operating costs is anticipated to boost the
Industrial predictive maintenance market outlook over the forecast timeframe.
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These sensors continuously monitor the
functions of equipment and generate large amounts of data that can be used
effectively used to predict the upcoming failures. The companies including
those from the above mentioned industries follow a simple principle of
"Time is money", as any failure results in significant loss of
revenue. So the predictive maintenance market has been witnessing an increased
traction during recent years. furthermore, the introduction of new service
models to offer predictive maintenance to these companies is projected to fuel
the industrial predictive maintenance market demand in the years to come.
However, low levels of corporate awareness
about the use and benefits of predictive maintenance solutions are likely to
somewhat limit the expansion of industrial predictive maintenance market size
during the forecast period. Nevertheless, over time, as more and more companies
become aware of the importance of the solution, the effectiveness of the
aforementioned suppression is expected to decrease.
The lack of a skilled workforce with
sufficient knowledge of running predictive maintenance solutions is also major
challenge facing organizations. Besides, trained people are required for proper
functioning and understanding of the tool who can analyze the situation and
take corresponding actions based on the results. Therefore, to overcome this
challenge regarding the unavailability of skilled workforce several solutions
providers in the industrial predictive maintenance market have started
conducting training sessions and consulting services.
Author Name : Report Hive Research
A sharp rise in domestic and global trades to foster industrial packaging market outlook over 2020-2026
The industrial packaging market size is
anticipated to grow at a significant pace in the coming years owing to the
growing demand for international trade and product safety ensured by robust
packaging solutions. in addition, the
development of environment-friendly packaging materials that allow easier
handling while in transit without compromising product safety is expected to
boost the demand for industrial packaging during the forecast period.
Moreover, increasing globalization and
international trade are supporting business growth. Therefore, growing import
and export trade activities between the countries for goods, such as chemical,
pharmaceutical, construction, and electronics, should further fuel the Industrial Packaging Market demand in the years to come.
While the developed countries are the major
producers and consumers of the industrial packaging products, the proliferating
FMCG sector coupled with the industrial revolution in the emerging nations
should stimulate industry growth. Demand for these products will further grow
in the future with the increasing spending on R & Ds to develop advanced
packaging solutions. Besides, technological advances, such as the use of
robotics in digital printing and the development of reusable packaging
materials to maximize product shelf life will accelerate the industrial
packaging market trends during the forecast timeline.
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The industrial packaging market is
basically broken down into different product types such as drums, intermediate
bulk containers (IBCs), crates, sacks, buckets, tubes, and bulk boxes. These
products are further categorized on the basis of materials used for
manufacturing them which includes metal, plastic, paper, wood, and textile.
Nowadays, the plastic material segment is the most preferred type by
manufacturers due to durability, reusability, weathering resistance, and
cost-effectivity achieved through it.
The material segment is subdivided into
hard and soft packing, where the flexible segment includes paper and plastic
while the wood, metal, and hard plastic make up the rigid segment. Flexible
plastics are expected to show higher growth rates due to the technological
breakthrough in making them biodegradable to cope with environmental
regulations.
Depending on the end-use or application,
the industrial packaging market covers a variety of industries such as food and
beverage, agriculture and horticulture, automotive, chemicals, architecture and
construction, pharmaceuticals, engineering, metal products, electronics, and
furniture. At present, the Food and Beverage segment dominates overall
industrial packaging market share and is projected to grow significantly during
the forecast period.
However, pricing pressure on small vendors has
hindered the industrial packaging growth, especially across the emerging
nations due to poorer market penetration as compared to developed countries.
But the use of cost-effective biodegradable raw
materials for packing, due to strict environmental regulations should boost
product consumption.
Author Name : Report Hive Research
Technological advances in the air filtration systems to stimulate household air purifier market trends over 2020-2026
Air purifiers are devices that help remove
contaminants from indoor air to improve air quality. ever-increasing pollution
levels in the cities coupled with the rising consumer demand for
energy-efficient air purifiers will primarily drive the household air purifier
market growth. Manufacturers across the world are consistently improving the
air purifier tech for making it energy efficient. Hence, the air purifiers that
use less power than traditional air purifiers and resultantly save energy costs
are in high demand.
The growing penetration of technologically
enhanced and energy-saving air purifiers is estimated to boost the household
air purifier market outlook in the coming years. And for this, the
global vendors are introducing advanced materials into household air purifiers
to increase the overall efficiency. For instance, there is a growing demand for
residential air purifiers with HEPA filtration technology to help remove smoke
and pollutants from indoor air.
Some of the common varieties of household
air purifiers with HEPA air filtration technology available in the market
include Sharp Plasmacluster ion air purifier with True HEPA filtration,
Honeywell True HEPA tower allergen remover, Blueair HEPASilent air purifier,
and Blueair Classic 505 HEPASilent air purifier among many others.
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The household air purifier market is
generally segmented into products based on technology which includes HEPA,
ionizers and ozone generators, and electric precipitators. HEPA technology
dominates the residential air purifier market share is expected to accrue a
majority of revenue share throughout the forecast period. The use of HEPA
filters in residential air purifiers traps air pollutants and helps mitigate
allergens.
HEPA-based air purifiers are designed to
target small pollutants and particles. Based on the product category, the
household air purifier market can be segmented into the mode of action such as
fume & smoke collectors, and dust collectors, where the dust collector
segment accounts for the majority of market share due to the rising prevalence
allergy associated conditions such as asthma.
Geographically, the North American region
holds a dominant proportion of the global household air purifier market share
and is expected to remain so during the forecast period. The regional growth
can be attributed to increased consumption of residential air purifiers with
HEPA technology-based systems that help remove smoke and dust particulates from
the indoor air.
The Asia Pacific household air purifier
market is projected to register the fastest growth rate during the forecast
period. All due to the increasing product demand from the major countries
including China and India undergoing rapid urbanization.
Author Name : Report Hive Research
Growing adoption from the military and telecommunication industry to expand High Altitude Long Endurance (Pseudo Satellite) Market through 2020-2026
HALE is an aircraft
vehicle that can perform large-scale surveys of geographic areas with high accuracy
and provide real-time information on military, defense, surveillance, and other
civilian tasks. The High Altitude Pseudo-Satellite (HAPS) can be considered an
extended version of HALE. HAPS is designed to operate at very high altitudes.
Although installed at 30,000 feet above the Earth, HALE can reach up to 65,000
feet above the Earth's surface. In addition to the capability of directly
replacing a satellite, HALE and HAPS can be modified several times for
requirements, which is not at all possible with geosynchronous satellites,
thereby driving the High Altitude Long Endurance (Pseudo Satellite) Market growth in the
years to come.
Furthermore, in order to control the
function of the geostationary satellite, the operator must, in this case, be
aware of an energy source consisting mainly of fuel gas. These fuel gases also
increase the cost of satellite maintenance. HALE and HAPS, on the other hand,
operate on very low-cost solar energy and lithium-ion batteries compared to
fuel gas. Therefore, aerospace and defense, military, surveillance, or
communications applications have begun to adopt HALE and are now adopting HAPS
to increase operational efficiency. Such cost-saving benefits offered by HALE
and HAPS are projected to boost the High Altitude Long Endurance (Pseudo
Satellite) Market outlook.
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HAPS is a potential alternative to
traditional satellites, and once deployed, these aerial platforms typically
travel to stratospheric altitudes ranging from 10 to 30 miles above sea level.
Because HAPS is stationary, its effectiveness in providing services is limited,
which might somewhat hinder the High Altitude Long Endurance (Pseudo Satellite)
Market demand, but the low-cost benefits should subdue these negative effects
in the upcoming future. Deploying satellites not only cost extreme, but also
come with capacity and performance limitations. Replacing satellites with HAPS
thus helps in efficiently delivering voice, video and broadband services at a
much more economical price-to-performance margin than traditional geostationary
satellites. Therefore, they are increasingly being adopted by
telecommunications service providers to meet the demand for high-capacity
wireless services, especially in remote areas where terrestrial-based network
coverage is limited.
HAPS is more economical to manufacture and
operate, but its effectiveness is limited by the durability of such platforms.
For HAPS platforms, such as unmanned aerial vehicles (UAVs), electric
propulsion systems are integrated to increase platform durability. This will
result in a significant investment in R & D to develop a powerful battery
system and high charge density solar panels to make the HAPS platform more
durable, further promoting adoption by telecom and emergency service provider
end-users. Hence the ongoing technological advancements to reduce the
operational challenges are presumed to stimulate the High Altitude Long
Endurance (Pseudo Satellite) Market trends in the next few years.
Author Name : Report Hive Research
Growing expansion of E-commerce industry to foster Gift Cards Market outlook by 2026
The key drivers in
the gift cards industry are product innovation, increased adoption in the
retail industry, expanded application areas among end-users, and high
smartphone adoption rates. Moreover, the proliferating e-commerce and
m-commerce industry have been also supporting the global Gift Cards Market growth from the last decade. The following are some
of the major trends that will influence gift cards market demand in the years
to come.
Increasing
use of gift cards as promotional tools
One of the key
strategies of market players involves the use of gift cards as a promotional
tool for the company. In addition, they are engaged in partnerships with other
companies to offer their products with gift cards. This strategy has helped
companies increase sales in terms of volume.
The demand for gift
cards in the corporate sector is increasing significantly across the world.
Companies tend to motivate employees in the form of gift cards as a perception
of employee contributions and performance. Gift cards are convenient, secure,
and have proven to be a new way to reward employees for performance.
Omni-channel
functions that provide growth opportunities
Most of the major
players in the gift cards market are primarily engaged in offering gift cards
through their online sales channels, physical stores, and third-party
e-commerce parties. Selling gift cards through physical stores and online
channels can help businesses target customers around the world. Thus, the
Omni-channel concept is expected to help companies witness significant growth
in terms of value during the forecast period.
e-Purchase
Lifestyle and Continuous Preference Changes among Consumers
The increasing
adoption of the cash-to-card concept has positively impacted consumer demand
for gift cards. These changes in personal lifestyles have led to the purchase
of gift cards and have significantly boosted the expansion of the gift cards
market size.
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Partial
redemption feature to encourage consumers to choose a gift card
Consumers have
joined loyalty programs to earn gift cards as rewards. They can later use the
prepaid value of these gift cards for purchases which grabs mass attention from
the public. Besides, Gift cards may act as a consumer's budgeting tool, as
consumers could themselves decide only to make purchases that are equivalent to
the amount available on the gift card and do not pay extra from their pockets.
This is a key factor that encourages consumers to choose a gift card option
rather than paying through other means.
Also, some retailers
offer discounts on gift cards for regular customers which again motivates them
to return for making additional purchases. Wide implementation of such
strategies should accelerate the gift cards market trends in the long run.
Online
shopping and self-use of the gift cards an emerging trend
According to the
Blackhawk Company, 51% of consumers can shop online because they can get
discounts, redeem promotions, and earn credit card points. E-commerce sites are
boon to the gift cards industry. And with customers enjoying a high level of
self-use of the gift cards, brands are expected to revamp their e-commerce gift
card strategies to improve the purchasing experience for consumers.
Author Name : Report Hive Research
Growing awareness about predictive testing to propel the Genetic Testing market through 2020-2026
Rising incidence of hereditary diseases is
primarily driving the genetic testing market growth. According to the World
Health Organization, sickle cell anemia is a genetic disease whose ancestry is
associated with people living in several countries such as South America,
India, Sub-Saharan Africa, Central America, Saudi Arabia, Cuba, Italy, Turkey,
and Greece. In addition, the widespread application of genetic testing in
oncology and other indigenous diseases is also fueling the genetic testing
market demand.
Genetic diagnosis based on examining
specific changes in chromosomes, proteins, and genes helps to estimate an
individual's chance of developing cancer. Growing demand for personalized
medicine coupled with various government initiatives to raise awareness of
genetic testing procedures is having a positive impact on the overall Genetic Testing Market outlook.
Recent advances in genetic testing such as
direct to consumer genetic testing (DTC) that allows self-test at home is
expected to further augment the genetic testing market size during 2020-2026.
There has been a growing preference for direct to consumer genetic testing as
these DTC kits are easily available through online and offline sales channels
and importantly they eliminate the involvement of health professionals.
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These tests offer a proper understanding of
an individual's genomics, and thus allows them to make significant changes to
their diet patterns and lifestyle, thus serving a precautionary measure for
reducing the probability of developing a chronic disease. The way predictive
testing at home allows patients to take early steps and preventive measures to
avoid further complications, it is expected to stimulate the genetic testing
market trends in the coming years.
Genetic testing market by type is segmented
into different types of genetic testing procedures including pharmacogenomic
testing, predictive and presymptomatic testing, diagnostic testing, carrier
testing, neonatal screening, and prenatal testing. Of these, the diagnostic
test type accounts for the majority of the genetic testing market share and is
expected to continue to dominate the market throughout the forecast period.
This is due to the rising health awareness among people around the world
complemented by the increased incidence of genetic diseases. Pharmacogenomics
test type is expected to the highest growth rate in the near future, due to
widespread adoption in drug discovery and ongoing developments at
pharmaceutical companies.
Geographically, North America accounts for
the largest share of the genetic testing market from the past, due to the
presence of a vast number of academic and research institutions. Besides, the
easy availability of technologically advanced products and increased government
financing toward developing such research establishments will further favor
regional growth during the forecast period.
Author Name : Report Hive Research
E-Commerce Platform Market outlook appears positive due to shifting preferences toward online retail channels
The
rise of e-commerce has significantly transformed the retail sector, especially
with the introduction of online platforms for purchasing goods. Not limited to
the end-users, even retailers are increasingly buying goods online from the
wholesalers because of the convenience and cost-effectiveness provided by the
online platforms. With this aspect, retailers are seen embracing e-commerce
platforms to enhance their customers' shopping experiences, which has also
increased their business visibility allowing them to reach remote customers
regardless of the regional barriers.
Besides,
product integration provides a seamless consumer experience by diminishing the
barrier between online and offline retail channels. Apart from enhancing the
overall consumer experience, these platforms include a host of analytical
features for the retailers that allows tracing the availability of goods and
revenue generation on the go. Thereby meeting all the business requirements
through a single software.
The
integration of advanced features such as data analytics is expected to boost e-commerce
platform market trends
during the forecast period. Today, data is not considered a by-product of
business, but a key asset that provides insight into customer’s behavior
concerning purchasing patterns, frequency, and choice. The rising penetration
of big data analytics is causing a paradigm shift in the e-commerce industry
because data is now considered as a key aspect to forecast sales. And to
simplify the complexities associated with big data analytics, the e-commerce
platform developers have started integrating AI solutions into them.
These
data-driven smart tools have helped the retailers to generate higher revenues
from the resultantly improved sales. Moreover, e-commerce platforms allow
better interaction with the customers by allowing them to rate products and
services that in turn provides a medium to understand consumer requirements
which can be cashed into profits, further driving the e-commerce platform
market demand.
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Considering
the e-commerce platform market segmentation by type, the Cloud-based deployment
model is expected to witness significant traction as compared to the
on-premises deployment. This can be attributed to the growing number of
retailers focusing on leveraging online platforms to acquire new customer
segments, fostered by technological advances and increasing competitiveness of
the retail sector.
Despite the e-commerce
platform vendors are consistently improving the usability of their product
offerings by integrating several new features consistently, the huge data
volumes and increasing bandwidth demands pose major challenges to the
e-commerce platform market growth during the forecast period. This is because
the increased scalability provided by the e-commerce platforms highly depends
on the network infrastructure and its ability to handle traffic loads. However,
the e-commerce platform vendors are focusing to enhance their network infrastructure to overcome this major challenge, eventually leading
toward the expansion of e-commerce platform market size in the upcoming years.
Author Name : Report Hive Research
The increasing number of cybercrimes to augment cybersecurity software market size during 2020-2026
The growing popularity of digitalization
and a rising shift toward cloud technology are primarily driving the
cybersecurity software market growth. In addition, the major factors such as
increasing malware and phishing threats, rising penetration of the IoT &
BYOD trends across the organizations projected to boost the Cybersecurity Software Market outlook in the upcoming future.
Also, the cybersecurity activities are now
kept on the topmost priority as similar to strategic business activities for
minimizing the threats to IT resources which ultimately fuels the cybersecurity
software market demand. Moreover, the increasing demand for deploying strong
authentication technologies across all size organizations is also expected to
have a positive impact on business growth.
The following are some of the top impacting
factors projected to guide the expansion of cybersecurity software market size
during 2020-2026:
The
rapid adoption of IoT and BYOD trends to foster product penetration:
Emerging IoT and BYOD trends between
organizations are exposing devices and applications to Advanced Persistent
Threats (APT). In addition, as the number of mobile devices in an organization
grows, it becomes more difficult for IT teams to manage and track the data flow
of various systems. Therefore, organizations are adopting cybersecurity systems
to monitor, classify, and resolve all types of attacks, protect critical
information.
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Hive Research
Shifting
preferences toward cloud technology to accelerate cybersecurity software market
trends:
Cloud computing offers the required
flexibility and unlimited scalability when it comes to business applications.
And this is the reason why organizations have started leveraging the powerful
and flexible computing infrastructure provided by the cloud technology that
allows them to simplify data storage and also provides remote access to the
data securely.
In addition, the implementation of a
cloud-based model allows organizations to manage several applications at a
time, without worrying about the other intensive processes running in the
background such as data analytics. Moreover, cloud technology empowers them to
lay software-defined boundaries, to aid the creation of a robust, scalable, and
highly secure business platform.
Deployment
of Cybersecurity software solve the authentication worries:
Organizations need strong authentication to
make sure that only authorized employees will have access to internal networks
or specific applications. Thereby, many organizations are gradually moving to implement
multi-factor authentication to avoid the threat posed by conventional
password-based authentication methods that include loopholes.
Multi-factor authentication is primarily
performed by adding a biometric element to traditional usernames and passwords.
Other protective layers include hardware and software tokens to verify the
identity with authentications steps to follow. The immediate danger of cyber
threats will encourage organizations to adopt effective cybersecurity
solutions, thus signaling substantial growth in the cybersecurity software
market by the end of 2026.
Author Name : Report Hive Research
Composite coatings market to witness growth from Automotive and Construction application segments
Composite coatings are primarily the type
of protective coatings applied to concrete, steel, or any other substrate
material that provides excellent waterproofing and corrosion protection to
target materials. Being lightweight these products do not impact the overall
structural weight of the materials as only thin layers are enough to offer
protection against heat and corrosion from exposure to environmental or
artificial stresses.
The rapid expansion of the automotive and construction
industry is a key driver of the global composite coatings market. The corrosion
resistance and endurance enhancing properties offered by the composite coatings
are expected to fuel the application potential of the product, further boosting
the global composite coatings market outlook over the forecast period. Besides,
a sharp increase in population and rapid industrialization in the emerging
nations are some of the major impacting factors projected to stimulate the composite
coatings market trends over the years to come.
Moreover, the ongoing expansion of the oil
and gas industry is also expected to offer lucrative growth opportunities to
the composite coatings market in the near future. Technological innovations in
processes such as piping systems and downhole tube systems are presumed to
augment the consumption of composite coatings. The product finds significant
applications in several other industries such as transportation, construction,
marine and metal forming.
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Construction is one of the most common
industries where composite coatings are used to protect steel from corrosion
which plays a major role in increasing the structural life of the buildings and
other infrastructure projects. Apart from enhancing construction life, the
product finds growing demand as an excellent thermal barrier which allows its
utilization for a plethora of projects in the construction industry. Thereby
indiscriminate product application in the construction segment is expected to
drive the composite coatings market growth over the forecast period.
The ongoing housing development projects
pertaining to surging population in the Asia Pacific will lead toward substantial
rise in product demand, further boosting the Asia-pacific composite coatings
market share. In addition, the region is undergoing an industrial revolution since
many years, and these advanced coatings are used on a variety of equipment used
in these industries to provide uniform coating thickness, accuracy, stiffness,
and consistency, and reduce required maintenance costs. Thereby supporting the
regional growth in the years to come.
North America is expected to register a
highest CAGR during the forecast period, which can be owed to the ever- increasing
product demand from the transportation, aerospace and defense industries.
Author Name : Report Hive Research
Improved performance and scalability advantages to foster cloud-based PLM market share
Product Lifecycle Management (PLM) is a
process or system used to manage the real-time product status through its
entire lifecycle from product design to manufacturing and disposal. PLM helps
you manage the entire product lifecycle efficiently and cost-effectively which
has been the key reason driving its adoption across several industry verticals.
Nowadays, manufacturers are increasingly
required to share product data with stakeholders inside and outside the organization that includes critical information related to engineering,
operations, quality, procurement, and marketing. And here is where the PLM
comes handy to the manufacturers, as it ensures better co-ordination in the
organization by allowing the corresponding teams to track and regulate product
changes.
Traditional or on-premises PLM solutions
are not always cost-effective, especially for small and medium businesses
(SMEs) as these sizes of enterprises generally appear reluctant to invest
heavily in PLM deployment. But with the advent of Cloud-based PLM solutions
gaining popularity among manufacturers around the world, even the SMEs have
changed their stance and have started to embrace the PLM solutions, which is
expected to augment the global Cloud-Based PLM Market size in the years to come.
Cloud-based PLM market has gained immense
momentum as these solutions easily can integrate broad information about
product development, essentially keeping the suppliers in the loop for better
communication about the change order and requests. Thereby, the way it manages
complex product data in a fast-moving environment, cloud-based PLM is
increasingly getting popular in the manufacturing sector, and hence fueling the
cloud-based PLM market demand.
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Other advantages include remote access to
the data with the help of an internet connection, cost-effectivity, and better
return on investment (ROI) than traditional on-premises PLM. In addition,
Cloud-based PLM services can be tailored to customer-specific requirements, and
therefore especially the geographically dispersed organization can quickly
implement new processes making it a scalable solution. Moreover, these systems
offer regular software updates as they are monitored by dedicated software
providers, and also the process of software up-gradation is much quicker as
compared to on-premise PLM applications that require an expensive and
time-consuming integration process.
Considering its usability, cloud-based PLM
solutions are designed with a user-centric approach and so they come integrated
with a better user interface (UI) which enhances the overall user experience.
The list of advantages is just exponential when we include the comprehensive
aspects of the cloud-based PLM solutions such as virtualization capabilities,
robust security, architectural partitioning, and distributed processing,
thereby boosting the Cloud-based PLM market outlook in the upcoming years.
Cloud-based PLM market growth is driven by
its vast number of use cases. The system finds applications in the
transportation, life sciences, consumer products, consumer electronics,
machinery and mechanical component manufacturing, energy and utilities,
aerospace and defense, pharmaceutical and automotive sectors. Besides,
Cloud-based PLM covers a wide geographical area, allowing the businesses to
expand and gather more stakeholders irrespective of the location constraint.
Author Name : Report Hive Research
Increasing awareness about the healing properties of cannabidiol to drive CBD Skin Care Market trends over 2020-2026
The CBD Skin Care Market growth is
primarily driven by increasing awareness of the benefits offered by CBD infused
personal care products. Cannabidiol (CBD) is a naturally occurring compound
derived from cannabis plants and is one of the 100 cannabinoids found in hemp
plants. Although CBD is found in marijuana plants, it is legal to purchase it
in an isolated form which lacks elements triggering psych activity.
Traditionally, cannabidiol has been studied
for its analgesic, relaxing, and anxiolytic effects, but recent studies have
shown that applying it to the skin can yield remarkable therapeutic results.
furthermore, the legalization of cannabis cultivation is expected to further
expand the CBD Skin Care Market size during the forecast period.
As CBD is considered safe and effective for
all skin types, it is especially helpful for those who suffer from skin-related
irritability, inflammatory conditions, acne, and dryness. Packed with powerful
inflammatory properties, CBD helps the skin's natural healing process and
shortens the lifespan of recurrent breakouts and eczema, thereby helping to get
rid of skin infections that have built drug resistance.
CBD also introduces potential antioxidants
into the skincare products that can help counteract the signs of aging.
Moreover, it also helps reduce pain caused by inflammatory skin conditions.
Rising count of old age population and increased spending on anti-aging
products is thereby estimated to boost the CBD skin care market outlook in the
years to come.
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Given the significant number of healing
properties as mentioned above, it should encourage manufacturers to develop
products infused with the benefits of CBD. Considering the product type the segment, CBD-based skincare oil holds the majority of CBD skin care market
share and is projected to continue its dominance during the forecast
timeframe.
These product types are becoming
increasingly popular in the personal care market due to its anti-inflammatory
properties, making it beneficial for eradicating acne, aging, and wrinkle-prone
skin conditions. CBD oil also has antioxidant properties that help reduce the
visible signs of aging, ultimately fueling the CBD skincare market demand.
Based on regional analysis, the North
American region dominates the overall CBD skincare market share and is also
expected to display the fastest growth rate during the forecast period. All
thanks to the increasing demand for CBD skincare products driven by high
spending powers of the consumers in the region. Also, the United States and
Canada has legalized marijuana that will further contribute to regional growth
in the coming years.
Author Name : Report Hive Research
Cannabis oil market size to grow significantly from the medical application segment
Cannabis extracts are generally available
in either of the two forms --cannabis oil and tinctures which are often used to
treat a variety of conditions, including mental disorders, nausea, and cancer.
In terms of legality, the extraction method is very generous due to the
non-psychoactive properties of cannabidiol (CBD) oil compared to other products
such as buds and resins. Both the Cannabis extracts in the form of oil and
tinctures are expected to gain momentum and increased demand in the coming
years, as they can be safely consumed compared to other forms. Moreover, as the
social prejudice against smoking cannabis buds gradually decreases, it will
further foster the Cannabis Oil Market demand, for both medical and recreational purposes.
The increasing prevalence of cancer and the
rising need for treatment related to pain management is also a major factor
expected to drive the cannabis oil market outlook during the forecast period.
The World Health Organization (WHO) reports that cancer is the second most
leading cause of death across the globe.
In addition, the safer nature of cannabis oil makes it an important form
of medical marijuana. for instance, children are prescribed cannabis oil
instead of buds due to age restrictions and accurate dose calculations made
possible by the oil as compared to the smoking of buds.
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The medical application segment is expected
to witness the fastest CAGR over the forecast period. This is mainly due to the
increased medical usage of the product preferred for easy quantification of
dosage and better usability. A change in the perception of medical
professionals regarding safer product ingestion techniques such as oral dosage
in the form of beverage or chewing gum should drive product demand during the
forecast period, and thus accelerate the cannabis oil market growth.
The North America cannabis oil market
accounts for the highest market share pertaining to significant product usage
for pain management and the presence of a large geriatric population. moreover,
the legalization of medical marijuana in the region has tremendously increased
product demand. In 2018, medical marijuana was legalized in 30 U.S. states,
including Guam, Puerto Rico, and Colombia. Also, a large population of adults
in the United States supports the use of marijuana for medical purposes, such
as treating pain, inflammation, and cancer. Thus, factors such as the
legalization of cannabis for medical usage and increased public support will
further expand the North America cannabis oil market share in the years to
come.
Author Name : Report Hive Research
Depleting fossil fuel reserves and the search for greener alternatives to drive biodiesel market outlook in the years to come
The global biodiesel market size is
expected to increase significantly in the coming years. Biodiesel is basically
obtained from animal fats, edible oils, yellow grease, and vegetable oils by a
process called transesterification, which converts fats and oils into
chemicals. These chemicals derived from all-natural sources act as a direct
alternative to fossil fuels and conventional fuels. But the main advantage they
provide is to lower greenhouse gas emissions, which according to recent
estimates goes far beyond 6 billion metric tons of carbon dioxide.
Shifting focus toward energy independence
and rising environmental concerns are primarily driving the biodiesel market
demand worldwide. Apart from its key features to reduce greenhouse gas
emissions, biodiesel is biodegradable and also a renewable liquid fuel for
greener transportation. Being essentially produced domestically and having all
aspects of conventional fuels, it reduces reliance on imported oil. In
addition, biodiesel producers enjoy some favoring government policies and tax
incentives to further boost global Biodiesel Market growth in the coming years.
Presently, the global biodiesel market is
in a period of rapid growth and development, creating new opportunities for
players in the coming years. The product offers a cetane rating and superior
lubrication properties compared to low sulfur diesel fuels which are
anticipated to drive product demand. As petrochemical reserves in oil rigs
around the world keep depleting, it will wide open the doors for alternative
fuel sources like biodiesel. As per recent estimates, the World oil reserves
are expected to last until 2050, thus creating concerns among researchers
across the world to look for the right alternatives, thereby accelerating the
biodiesel market trends during 2020-2026.
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Where the shortage of animal and
plant-based raw materials to produce biodiesel has posed several challenges for
the manufacturers, the ongoing R&Ds are showing up with some positive
results. for instance, algae are the newest source for deriving biodiesel.
Several such advancements in the manufacturing techniques and search of
alternative raw materials should positively boost biodiesel market outlook
during 2020-2026.
Based on the application, the biodiesel
market can be separated into two main groups, mainly transportation and power
generation. The product can be easily used with existing fuel engines,
infrastructure, and vehicles, essentially unchanged. Moreover, it can be used,
stored, pumped and burned similar petroleum-based diesel fuel with no
modifications required. The transportation segment accounts for a majority of
the biodiesel market share with the European region being a topmost product
manufacturer, led by countries such as France and Germany.
The Asia-Pacific and European regions are
anticipated to offer great opportunities for the biodiesel market, especially
in countries such as India, the United Kingdom, and China, with ever-increasing
diesel prices and huge numbers of diesel vehicles. As the efficiency of
existing raw materials increases, the market is expected to display some sharp
growth patterns in the mentioned countries.
Author Name : Report Hive Research
Rising product adoption in the emerging economies to accelerate baby care products market outlook over 2020-2026
The baby care products market is made up of
several baby care items for infants including baby powders, shampoos, body
lotions, massage oils, shower gels, baby wipes, and more. These personal care
products are designed to be gentle on baby skin and so they undergo several
clinical trials before reaching the shelves of the retail market.
The Baby
Care Products Market has been witnessing significant growth due to
increasing birth rates in both developed and developing countries across the
world. Besides, other factors including increasing consumer awareness of child hygiene,
high disposable income, and changing lifestyles in developing countries are
driving the baby care product market growth. In addition, the recent launches
of chemical-free products containing organic ingredients are some of the
hot-selling baby care items at the moment. Increasing penetration of
chemical-free baby care products is projected to stimulate the baby care
products market trends during 2020-2026.
Rapid urbanization and a growing middle-class population in some developing regions is driving the market even further.
Lifestyle changes, especially in developing countries, have encouraged the
adoption of convenience-oriented routines, making these items desirable and
driving industry growth during the forecast period. Also, increasing consumer awareness
of child health often advertised by government bodies and NGOs is driving
product sales. As a result, there is a growing demand for a variety of baby
cosmetics and toiletries, such as skin, hair care, and other products.
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Cosmetics and toiletries segment accounts
for a majority of global baby care products market share, as it includes a huge
range of products from skin, bath, and hair care items. Leading companies are
focused on developing enhanced products with improved technology in terms of
design, configuration, and performance.
The governments of emerging economies are
implementing baby care programs to raise awareness about the benefits of such
products. These factors are expected to have a positive impact on the baby care
product market outlook during the forecast timeline. The Asia-Pacific baby care
products market is projected to observe the fastest growth rate due to the high
adoption of baby care items owing to rapid urbanization and lifestyle changes
in recent years.
On the other hand, high manufacturing costs
due to numerous quality checks can pose challenges to the growth of the baby
care products industry. Manufacturers face several issues while meeting the
basic criteria that are expected to limit business expansion. However,
increased demand for safe and convenient products, including strollers and
child seats, in developed regions as a result of strict child safety
regulations is expected to have a positive impact on baby care products market
growth. North American region is expected to hold a significant revenue share
in the future.
Author Name : Report Hive Research
Appointment scheduling software market outlook to be spurred by the growing adoption of smartphones and rising network penetration across the world
Appointment
scheduling software is designed to provide consumers with an advance booking or
scheduling services that also allows the users to modify or rescheduled
meetings or appointments as when required. Appointment Scheduling Software
provides an attractive and easy-to-use portal for customers to schedule
appointments and manage online meetings. This application is widely known as
online booking software across many end-user industries.
Appointment
scheduling software offers a variety of benefits, such as scheduling meetings
in advance, providing access to calendars, allowing businesses to implement rules,
printing forms, and customizing meeting schedules, and reveals the upcoming
meetings with an easy to use interface. Owing to the several benefits that
guide entrepreneurs in the course of business growth, the Appointment Scheduling Software Market is anticipated to
witness increased traction in the years to come.
In addition, appointment scheduling software offers a number of other benefits, including occasional reminders for appointments, employee management, and calendar integration, thus making it an all-in-one business-critical application which is expected to drive the global appointment scheduling software market growth. In addition, the increasing adoption of advanced technologies and the easy availability of devices compatible with this software are additional factors that are expected to fuel the appointment scheduling software market demand.
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In
addition, advanced technologies that allow customers to make payments on the go
with improved device, compatibility is anticipated to favor the software
adoption in various fields such as education, field service, food service, car
maintenance, fitness center, finance, and healthcare industry. However, the lack
of awareness among many targeted industries of the appointment scheduling
software market and the absence of a strong network to widen the software
adoption are some of the key factors that are expected to restrain the business
growth in the next few years.
Based
on the type of platform, the android mobile segment is projected to dominate
the global appointment scheduling software market share. The growth can be
attributed to the mass adoption of smartphones across the world supported by
rising network penetration. The mobile-based software offers an attractive user
interface that enhances the usability, irrespective of the high-cost or
low-cost devices, making it readily available for all groups. Based on the
regional analysis the North American region is expected to account for a
majority of revenue share in the global appointment scheduling software market.
The growing adoption from IT and telecom industries favored by the presence of
key players is anticipated to drive regional growth.
Author Name : Report Hive Research
Rising Drone intrusions in the airspaces of secure government facilities to upsurge anti-drone market demand over 2020-2024
Report Hive Research adds a new study
titled “Anti-Drone Market Report†to
its research database. Delivering in-depth insights, the report discusses
recent trends, market drivers,
applications,
restraints, opportunities, and growth prospects of the
global Anti-Drone Market forecasted from 2020
to 2024. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.
Market
Overview:
Drones with built-in cameras have
provided an opportunistic way to professionals looking for aerial photography.
However, with the increasing adoption of these unmanned aerial vehicles, there
are growing safety concerns among governments. The increasing use of these
unauthorized flying objects to spy through backyards and windows has increased
the threat to national security around the world.
These aircraft systems consist of
various sensors that can record video and audio regardless of time and place.
To combat them, manufacturers are increasingly developing innovative UAV
mitigation techniques that limit the flight of unmanned aerial vehicles in
unmanned airspace.
The adoption of unmanned aerial
vehicles (UAVs) in commercial and recreational applications worldwide has
increased significantly. And this has subsequently increased the number of
security breaches in public places and critical government infrastructure.
Therefore, the detection and identification of these UAVs thus have become an
integral part of maintaining security, which has been primarily driving the
Anti-Drone Market growth.
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Governments are typically equipped
with missiles and air force fighters put on standby as part of their air
defense. However, in the case of threats from small drones or UAVs, using such big
missile systems and fighter planes is not supposed to be good practice,
especially when these tiny intruders could be effectively managed by some other
means falling under the category of anti-drone systems.
To combat these unnamed flying
intruders, businesses and governments around the world are increasingly
investing in anti-drone technology development and commercialization, further boosting
anti-drone market outlook during the forecast period. Some of them are meant to
only detect them while others even come equipped with search and destroy
mechanism.
The global Anti-Drone Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report from the link below or simply get in touch with one of
our sales executives.
Regions
covered:
The report focuses
on the main regions (North America, Europe and Asia-Pacific) and the main
countries (United States, Germany, United Kingdom, Japan, South Korea and
China).
Author Name : Report Hive Research
Rising incidence of cancer complemented by the growing elderly population to boost anatomical pathology laboratory information system market over 2020-2025
Report Hive Research adds a new study
titled “Anatomic Pathology Laboratory
Information System Market Report†to its research database. Delivering
in-depth insights, the report discusses recent trends, market drivers, market size, market
share, market outlook, applications,
restraints, opportunities, and growth prospects of the
global Anatomic Pathology Laboratory Information
System Market forecasted from 2020 to 2025.
Besides, it also includes vital information related to future strategies,
acquisitions and mergers, market footprint, financial positions, supply chain
trends, innovations, and key developments.
Anatomic
Pathology Laboratory Information System Market Overview:
Anatomical pathology differs
somewhat from clinical pathology, which deals with the measurement of chemical
constituents of blood and other body fluids or the detection of pathogens
present in them. Anatomical (or anatomical) pathology, on the other hand, is a medical facility that studies the effects of disease on the structure of bodily
organs by analyzing the tissue supplied by hospitals.
The main role of anatomical
pathology is to identify abnormalities that help diagnose disease and manage
treatment. One of the frequent uses of anatomical pathology is to help identify
and manage different types of tumors and cancers. It also involves assessing
other conditions such as kidney and liver diseases, autoimmune diseases, and
infectious diseases. In fact, most hospitals send all tissue removed during
surgery to an anatomic pathologist for further analysis.
These high-tech facilities are
involved in the diagnosis of disease based on gross, microscopic, biochemical,
immunological, and molecular tests of organs and tissues. Therefore, the
workflow involves complex procedures such as tissue collection, processing,
inspection, and diagnosis of abnormalities. Maintaining data is quite complex
for such laboratories, as patient samples are sent from multiple hospitals and
healthcare facilities, which essentially creates the need for an anatomical
pathology laboratory information system.
In addition, according to the
global population outlook released by the United Nations (UN), the world's
elderly population is expected to triple by 2050 compared to 2017. Therefore,
the rising count of elderly population will fuel the demand for diagnosing
chronic diseases including cancer, pulmonary obstructive disease, diabetes, and
many more, subsequently driving the anatomical pathology laboratory information
system market growth in the years to come.
The global Anatomic Pathology
Laboratory Information System Market is projected to continue a healthy growth
trajectory, growing at an estimated CAGR of X.X% in terms of value during
forecast period. For more details, please order a sample report or simply get
in touch with one of our sales executives.
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Anatomic
Pathology Laboratory Information System Market Key Players:
·
Cerner Corporation
·
EPIC Systems Corporation
·
Meditech
·
SCC Soft Computer
·
Sunquest Information
·
Mckesson Corporation
·
Orchard Software
Market
Segmentations Covered in the Report:
Product
Type
·
Standalone
·
Integrated
Applications
·
Hospital
·
Clinic
·
Research Institute
·
Other
Anatomic
Pathology Laboratory Information System Market Regional Analysis:
·
North America (U.S., Canada,
Mexico)
·
Europe (Germany, U.K., France,
Italy, Russia, Spain etc.)
·
Asia-Pacific (China, India,
Japan, Southeast Asia etc.)
·
South America (Brazil,
Argentina etc.)
·
Middle East & Africa (Saudi
Arabia, South Africa etc.)
Author Name :
AdBlue Market to register substantial gains from the transportation and agricultural application over 2020-2025
Report Hive Research adds a new study
titled “AdBlue Market
Report†to its research database. Delivering in-depth insights, the report
discusses recent trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global AdBlue Market forecasted from 2020 to 2025.
Besides, it also includes vital information related to future strategies,
acquisitions and mergers, market footprint, financial positions, supply chain
trends, innovations, and key developments.
AdBlue
Market Overview:
AdBlue is a highly purified liquid
solution that is a mixture of urea and deionized water in the ratio of 32.5%
and 67.5%, respectively. AdBlue, also known as Diesel Exhaust Fluid (DEF), is a
colorless, non-hazardous, transparent liquid largely used in automobiles to
reduce the emission of nitrogen oxide (NOx). The NOx emitted from the vehicle
in the form of small particles tends to cause significant damage to the
sensitive lung tissue in animals and humans by reacting with other gases
present in the atmosphere. Therefore, AdBlue is an essential component for
reducing nitrogen oxide (NOx) levels by converting NOx to a less harmful
mixture of water vapor and nitrogen.
Robust infrastructure developments
and rapid industrialization have increased demand for heavy vehicles,
subsequently driving the AdBlue market growth. In addition, the surge in demand
for agricultural machineries such as tractors, pumps, and harvesters will also
support the Adblue market demand in the years to come.
Globally, Europe dominates the
AdBlue market both in terms of value and volume and is expected to maintain its
dominance throughout the forecast period. This is due to the presence of
well-developed countries in the region, such as Germany and France, focusing on
sustainable development. In addition, the enforcement of strict environmental
standards in European countries is primarily driving the regional demand.
The Asia-Pacific is expected to be
the fastest-growing region in the AdBlue market. Emerging economies such as
China, India, are seeing a rapid surge in activities such as construction and
infrastructure development and manufacturing, providing a significant boost to
the transportation and logistics industry in these countries. In addition, the
adoption of stringent emission standards will accelerate the consumption of
AdBlue to reduce emissions, thus creating potential business opportunities for
players in the AdBlue market.
The global AdBlue Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report or simply get in touch with one of our sales executives.
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AdBlue
Market Key Players:
·
BASF
·
Shell
·
BP p.l.c.
·
Total
·
Bosch
·
Cummins
·
Daimler AG
·
Fiat Group Automobiles
·
Finke Mineralolwerk
·
Nissan Chemical
·
ENI S.p.A.
·
Komatsu
·
Kruse Automotive
·
Alchem AG
·
GBZI Comtrade
·
Samsung Fine Chemicals
·
Mitsui Chemicals
·
Yara
·
Borealis L.A.T
·
GreenChem
·
Adquim SpA.
·
Novax
·
Kelas
·
Sichuan Meifeng
·
Beijing Yili Fine Chemical
·
Sinopec Group
·
CNPC
·
Baoyi
·
Everblue
Market
Segmentations Covered in the Report:
Market
by Type
·
CNG
·
LPG
·
Others
Market
by Application
·
Public Transportation
·
Mining/ Construction
·
Agriculture
·
Marine
·
Others
AdBlue
Market Regional Analysis:
·
Asia-Pacific [China, Southeast
Asia, India, Japan, Korea, Western Asia]
·
Europe [Germany, UK, France,
Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
·
North America [United States,
Canada, Mexico]
·
Middle East & Africa [GCC,
North Africa, South Africa]
·
South America [Brazil,
Argentina, Columbia, Chile, Peru]
Author Name : Report Hive Research
Flourishing Healthcare sector to boost Surgical Gowns Market outlook over 2020-2025
Report Hive Research adds a new study
titled “Surgical Gowns Market Reportâ€
to its research database. Delivering in-depth insights, the report discusses
recent trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global Surgical Gowns Market forecasted from 2020
to 2025. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.
Market
Overview:
An increased rate of surgeries in
both developing and developed nations is a key contributor to the revenue
growth of the surgical gown market worldwide. The rapidly growing aging
population across the world supported by the increased health expenditure due
to high disposable incomes is primarily responsible for the increased number of
surgeries.
One of the most important
functions of surgical gowns is to prevent patients from picking up potentially
life-threatening nosocomial infections, commonly known as hospital-acquired
illnesses (HAIs). With recent advances in Medicare facilities, awareness about
nosocomial infections is also increasing. According to data released by the
Center for Disease Control and Prevention, more than 30% of HAIs are surgical
site infections, which burdens upon the hospitalization costs for patients.
Increasing cases of patients
getting HAIs has led to the growing awareness among healthcare facilities,
which are now making use of disposable surgical gowns, to limit the microbial
exposure to the patients undergoing surgery, hence accelerating the surgical
gown market demand in the years to come.
Continued innovation in materials
and techniques used for developing surgical gowns coupled with lucrative
marketing strategies adopted by surgical gown manufacturers are also expected
to boost revenue growth in the global surgical gown market. The market for
surgical gowns has long been an established market, but there have been many
innovations in technology that have made the surgical gowns more efficient and
safe, allowing them to better protect both the patients and surgeons.
A variety of surgical gown options
are now available on the market to accommodate a specific need. Based on the product
type, the disposable surgical gown segment hold majority of the global surgical
gown market share in terms of revenue and is expected to remain so throughout
the forecast period. Due to the high level of protection offered by disposable
surgical gowns, these products have been adopted significantly more than
reusable surgical gowns and therefore have a relatively higher market
penetration
The global Surgical Gowns Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report or simply get in touch with one of our sales executives.
Get
sample report @ https://www.reporthive.com/request_sample/2288447
Key
Players:
·
3M Health Care
·
C.R. Bard
·
Cardinal Health
·
Halyard Health
·
Hartmann
·
Johnson & Johnson
·
Lohmann & Rauscher
·
Medline
·
Molnlycke
·
Stryker
·
Welmed Inc
·
Biolife
·
Ecolab/Microtek
·
Henry Schein
Market
Segmentations Covered in the Report:
Market
by Type
·
Reusable
·
Disposable
Market
by Application
·
Hospitals
·
Clinics
·
Others
Regions
covered:
·
Asia-Pacific [China, Southeast
Asia, India, Japan, Korea, Western Asia]
·
Europe [Germany, UK, France,
Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
·
North America [United States,
Canada, Mexico]
·
Middle East & Africa [GCC,
North Africa, South Africa]
·
South America [Brazil,
Argentina, Columbia, Chile, Peru]
Author Name : Report Hive Research
Stone Crusher Market to amass substantial gains from the Asia-Pacific over 2020-2024
Report Hive Research adds a new study
titled “Stone Crusher Market Reportâ€
to its research database. Delivering in-depth insights, the report discusses
recent trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global Stone Crusher Market forecasted from 2020 to
2024. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.
Market
Overview:
The multi-applicability of stone crushers
in major sectors such as mining, infrastructure development, and construction, primarily
drives the stone crusher market growth. There has been a significant increase
in the mining activities in the Asian region, due to the continuous development
of roads and highways in the developing economies, which is expected to boost
the stone crusher market demand during the forecast period. Â
Along with the up surge in road
developments across the world, the rising construction activities meant for
residential, commercial, or public infrastructure purposes will also foster the
business growth in the upcoming period. These heavy machines are often used
onsite or offsite to efficiently crush large amounts of stone into the desired
size of gravels used for the construction activities. However, factors such as
high cost of crushing equipment, lack of skilled operators, emission of fine
dust particles during machine operation, and noise pollution are collectively
expected to hinder market demand.
The jaw crushing equipment segment
is anticipated to increase at a double-digit year-on-year growth rate during
the forecast period, as the machinery is commonly used for several applications
including construction, metallurgy, and mining to crush various materials such
as rock, marble, granite and iron ore, Copper ore, etc. Jaw crushers offer
several advantages such as high performance, easy maintenance, and simple
design features. Moreover, these machines can be easily relocated for service
and maintenance purposes, reducing overall project operating costs, thus
further promoting segmental growth.
The Asia-Pacific region is
estimated to account for the majority of stone crusher market share during the
forecast period. Such dominance can be attributed to increasing government
spending on public infrastructures such as roads and railways, especially in
emerging economies such as China and India. For example, the Government of
India has recently launched a road development program in Northeast India.
Phase A of the project includes a road upgrade of 4,099 km with a budget of
approximately US $ 3.3 billion. This is expected to be completed by the end of
2021.
The global Stone Crusher Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report or simply get in touch with one of our sales executives.
Get
sample report @ https://www.reporthive.com/request_sample/2277536
Key
Players:
·     Â
Henan Mine Heavy Machinery
Co., Ltd.
·     Â
Breeze Machinery
·     Â
HcN Heavy Equipment Group
·     Â
Komatsu
·     Â
Terex
·     Â
Sandvik Group
·     Â
Liebherr
·     Â
Jiaozuo Zhongxin Heavy
Industrial Machinery Co.,Ltd
·     Â
Shanghai SANME Mining
Machinery Corp., Ltd.
·     Â
SHANGHAI ZENITH MINERALS
CO., LTD.
·     Â
IROCK Crushers
·     Â
Weir Group
·     Â
WIRTGEN GROUP
Market
Segmentations Covered in the Report:
Product
Type Segmentation
·     Â
Jaw Crushers
·     Â
Cone Crushers
·     Â
Impact Crushers
Industry
Segmentation
·     Â
Mining
·     Â
Construction Industry
Regions
covered:
·     Â
North America Country (United
States, Canada)
·     Â
South America
·     Â
Asia Country (China, Japan,
India, Korea)
·     Â
Europe Country (Germany, UK,
France, Italy)
·     Â
Other Country (Middle East,
Africa, GCC)
Â
Author Name : Report Hive Research
Comprehensive sex education programs coupled with growing consumer attraction toward intimacy to expand condom market size over 2020-2024
Report Hive Research adds a new study
titled “Condom Market Report†to its
research database. Delivering in-depth insights, the report discusses recent
trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global Condom Market forecasted from 2020
to 2024. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.
Market
Overview:
Raising awareness about reducing
the spread of sexually transmitted diseases through government initiatives and
sex education programs are driving the global condom market outlook. In
addition, favorable government efforts to educate people about protected sex
are expected to drive market growth. Various local governments promote the use
of condoms to prevent unwanted pregnancy and prevent HIV / AIDS. For example,
in 2017, the British Public Health Service launched a new campaign, protect to
STIs, that was introduced to reduce the incidence of sexually transmitted
diseases among adolescents between 16-24 years of age.
Apart from educational programs, other factors
such as innovative packaging styles increased marketing & promotional
activities, and the introduction of innovative condom designs for maximum
pleasure without compromising the safety is anticipated to stimulate the global
condom market trends over the forecast period. Condoms are available in latex
and non-latex materials with desired thickness and designs for a proper fit,
through mass retailers, drug stores/pharmacy, online retailers, and other
distribution channels. The rising adoption rate of contraceptive products among
consumers worldwide has fueled the global condom market demand.
The United States is one of the
largest condom markets in the world with a record number of product sales each
year. The increasing use of condoms for
family planning and STD prevention is primarily driving regional business
growth. Rising demand for premium condoms and increased consumption of sexual
wellness products in the region is projected to support the growing United
States condom market share during the forecast period.
The global Condom Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report or simply get in touch with one of our sales executives.
Get
sample report @ https://www.reporthive.com/request_sample/2255762
Key
Players:
·
Durex
·
Okamoto
·
Trojan
·
Ansell
·
Sagami
·
Gulin Latex
·
NOX
Market
Segmentations Covered in the Report:
Product Type Segmentation
·
Latex
·
Non-Latex
Industry
Segmentation
·
Under 25
·
25-34
·
35-49
·
Above
Regions
covered:
·
North America Country (United
States, Canada)
·
South America
·
Asia Country (China, Japan,
India, Korea)
·
Europe Country (Germany, UK,
France, Italy)
·
Other Country (Middle East,
Africa, GCC)
Author Name :
Energy Conservation Trends to propel Smart Outlet Market growth over 2020-2024
Report Hive Research adds a new study
titled “Smart Outlet Market Report†to
its research database. Delivering in-depth insights, the report discusses
recent trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global Smart Outlet Market forecasted from 2020
to 2024. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.
Market
Overview:
Smart outlets also known as the
smart plugs get plugged into a normal electrical socket transforming it into a
versatile and high-tech electrical outlet. Developing countries are projected
to offer favorable growth opportunities to the smart outlet market by ensuring
increased product sales in the coming years. The availability of high
disposable income along with improved lifestyle due to urbanization trends are
further projected to accelerate the smart outlet market demand during the
forecast period.
The low cost of smart outlets
compared to some other built-in smart appliances could serve as a key driver of
smart outlets market growth in years to come. In addition, there is a strong
need for energy-efficient and innovative advances, due to shifting preferences
toward energy sustainability, subsequently accelerating the smart outlet market
trends in the upcoming period. Furthermore, the increased investments coming
from well-known players complemented by the consistent innovations to enhance
the product attributes will collectively support the expansion of the smart
outlet market size.
Geographically, the North American
region is presumed to hold a significant proportion of the smart outlet market
share, provided by the huge acceptance of advanced home automation
technologies, thereby accelerating the regional growth in the coming years.
Moreover, the Asia-Pacific smart outlet market is also expected to grow
exponentially over the next decade, due to increased contributions from major
developing countries such as China and India securing the business growth in
the near future.
The global Smart Outlet Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report or simply get in touch with one of our sales executives.
Get
sample report @ https://www.reporthive.com/request_sample/2287728
Key
Players:
·     Â
Wemo Insight
·     Â
GE
·     Â
ABB
·     Â
samsung
·     Â
Quirky Outlink
·     Â
Nyrius
·     Â
Heath-Zenith
·     Â
Belkin
·     Â
Securifi Peanut
·     Â
Apple HomeKit
·     Â
Shenzhen Orvibo
Electronics
·     Â
Amcrest
·     Â
IRIS
Market
Segmentations Covered in the Report:
·     Â
Off-the-Shelf Smart
Outlets
·     Â
Connect Sense Smart Outlet
·     Â
Others
Market
by Application
·     Â
Household Appliances
·     Â
Mobile Phone
·     Â
Others
Regions
covered:
·     Â
Asia-Pacific [China, Southeast
Asia, India, Japan, Korea, Western Asia]
·     Â
Europe [Germany, UK, France,
Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
·     Â
North America [United States,
Canada, Mexico]
·     Â
Middle East & Africa [GCC,
North Africa, South Africa]
·     Â
South America [Brazil,
Argentina, Columbia, Chile, Peru]
Â
Â
Author Name : Report Hive Research
Increasing health consciousness among all age groups to propel the biohacking market over 2020-2024
Report Hive Research adds a new study
titled “Biohacking Market Report†to
its research database. Delivering in-depth insights, the report discusses recent
trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global Biohacking Market forecasted from 2020
to 2024. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.
Market
Overview:
Experimentation in the field of
biology involves the use of drugs, gene editing, and implants, all of them
meant to improve the quality of life among the sufferers. These kinds of tasks
require scientific research and so are often carried out in a high-tech
establishment or traditional medical laboratories. The terms
"Biohacking" all about managing one's biology with the combination of
nutrition, electronics, and medical technology, to ease off the sufferings. The
growing prevalence of chronic diseases and increasing awareness about the role
of technology in health management will drive the biohacking market growth in
the upcoming years.
Biohacking has made an absolute
difference in the field of synthetic biology by allowing us to innovate and
develop new products that combine technology and aspects of synthetic biology.
For this, several laboratory experiments are conducted by scientists and
researchers to explore new avenues in biotechnology, genetic engineering, and
molecular biology, in order to aid a quality life. Biohackers usually rely on
technology to explore the systems of the human body. for instance, stress
levels are controlled by monitoring heart rate with the help of microchips.
Biohackers have developed and are
developing various products for exploring the hidden attributes of the human
body, with a primary goal of improving the quality of life for all. Notable
products include smart drugs, microchips, magnetic fingertips, brain sensors,
RFID implants, body sensors, smart blood pressure monitor health trackers, and
many more in the form of implants or wearable gadgets.
Wearable analytical technology
devices are already available in the markets often, mostly called as the heath
trackers- worn on the wrist. These analytical biohacking devices help to track
heart rate, step count, blood sugar, body movements, calories burned, and also
offer several other health indications based upon the calculations. Increasing
adoption of these smart wearables is expected to boost the biohacking market
outlook over the forecast period.
The global Biohacking Market is
projected to continue a healthy growth trajectory, growing at an estimated CAGR
of X.X% in terms of value during forecast period. For more details, please
order a sample report or simply get in touch with one of our sales executives.
Get
sample report @ https://www.reporthive.com/request_sample/2205927
Key Players:
Fitbit, Inc.
·
Apple
·
Synbiota
·
THE ODIN
·
HVMN, Inc.
·
Thync Global Inc
·
Moodmetric
Market
Segmentations Covered in the Report:
Product
Type Segmentation
·
Smart drugs
·
Sensors
·
Strains
Industry
Segmentation
·
Pharmaceutical &
biotechnology companies
·
Forensic laboratories
Regions
covered:
·
North America Country (United
States, Canada)
·
South America
·
Asia Country (China, Japan,
India, Korea)
·
Europe Country (Germany, UK,
France, Italy)
·
Other Country (Middle East,
Africa, GCC)
Author Name : Report Hive Research
Electric Vehicle Charger (EVC) Market to gain immense traction from the proliferating Electric Vehicle Industry
Electric Vehicle Charger (EVC) Market Growth is primarily driven by factors such as government regulations on increasing environmental pollution, rising penetration of electric vehicles, and a surge in government efforts to develop electric vehicle charging infrastructure. However, the limited number of EV charging stations and the lack of standardization in the EV charging infrastructure are expected to hinder the expansion of Electric Vehicle Charger (EVC) Market size. But the introduction of new technologies such as wireless charging for luxury and feature-equipped electric vehicles should create business opportunities in the long run.
Electric vehicle charging infrastructure is a crucial element for mass deployment of electric vehicles. Several government efforts are underway to provide EV charging stations around the world. For example, the Indian Association of Automotive Research (ARAI) plans to deploy more than 200 EV charging stations nationwide. In addition, Tata Power (India) supports the Government of India's “State Electric Vehicle Missionâ€. Tata Power has installed its first electric vehicle charging station in Mumbai (India) for India's growing EV ecosystem, providing customers with access to battery charging on the go. Several such initiatives from both the public and private sectors to boost the adoption of EVs will positively impact the Electric Vehicle Charger (EVC) Market Outlook over the next decade.Â
However,
the lack of standardization in integrating charging port among EV manufacturers
has hindered the Electric Vehicle Charger (EVC) demand among end-users. This is
because the end-users are easily vulnerable to confusion as to whether such an
EV charger available in the market is suitable for their car or not. Also, the
charging network needs to be undisturbed and upgradable. EVs will require more
flexible charging solutions as new technologies such as "fast
charging" are finding a way toward the market.Â
Â
The lack of standardized plugs further complicates the charging infrastructure due to variations in the charging technologies incorporated by different EV manufacturers across the globe. For instance, the US EV giant Tesla led by a decorated CEO like Elon Musk is consistently expanding its network of charging stations, but these are designed specifically for Tesla vehicles only. The automotive industry has standardized 120 volt and 240-volt plugs. These are mainly used at home but the players are yet to set a standard for integrating plugs or ports that can quickly charge the vehicle batteries within 30 minutes.
                    Â
Â
Moreover,
while luxury cars are more expensive than traditional cars, luxury cars are a
mandatory status symbol for wealthy individuals. In 2016, the number of luxury
cars sold was about 28,500. Compared to 2015, luxury car sales in 2016
increased by approximately 15.9%, as per a reputed source. In addition,
improving living standards and increasing disposable income for the population
coupled with a shift toward smoother driving experience provided by the EVs is
anticipated to stimulate the Electric Vehicle Charger (EVC) Market trends in
the coming years. Tesla Motors is one of the leading manufacturers of luxury
electric vehicles for end-users.
Author Name : Report Hive Research