Geosynthetics Market Application, Profit Margin Analysis and Business Environment Study

Geosynthetics Industry Overview

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

Geosynthetics Market Segmentation

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

Based on the Product Insights, the market is segmented into Geotextiles, Geomembranes, Geonets and Geocells.

• The geotextiles product segment led the market in 2021 and accounted for more than 48.5% share of the global revenue.
• The segment dominated the market on account of its better performance and functional advantages over other materials.
• The synthetic fibers used in manufacturing geotextiles are made up of PP, polyethylene polyester, and polyamide.
• Geomembranes are estimated to expand at a steady CAGR, in terms of revenue, from 2022 to 2030 on account of the rising awareness regarding the product’s application as floating covers for reservoirs to control evaporation, reduce the Volatile Organic Compounds (VOCs) emission, and minimize the demand for drainage and cleaning.
• Geonets are incorporated as separation media in the collection of landfill leachates, foundation wall systems in drainage, road and pavement drainage systems, and methane gas collection. The increasing penetration of the product in erosion control owing to its attributes of slowing down the surface runoff is likely to complement the segment growth.

Geosynthetics Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

Key players in the market are entering into agreements with emerging players to expand their distribution capacities, thereby increasing their market reach. In addition, companies are likely to establish partnerships with e-commerce portals to ensure that buyers have timely access to geosynthetic products.

Some prominent players in the Geosynthetics market include

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

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Thermal Paper Market Factors Affecting Buying Decision and Consumer Behaviour Analysis

Thermal Paper Industry Overview

The global thermal paper market size is expected to reach USD 6.03 billion by 2028 registering a CAGR of 5.2%, according to a new report by Grand View Research Inc. The growing product usage in tags & labels in the food & beverages and pharmaceutical industries is expected to drive the market growth over the forecast period. The rapid growth of the retailing industry in India, China, Indonesia, Brazil, UAE, and Saudi Arabia is boosting the use of retail transactions through PoS terminals. In addition, strict labeling norms in the food & beverages and pharmaceutical industries are further expected to boost the product demand.

Thermal Paper Market Segmentation

Grand View Research has segmented the global thermal paper market on the basis of application and region:

Based on the Application Insights, the market is segmented into Point-of-Sale (PoS), Lottery & Gaming, Tags & Labels and Others

• The Point-of-Sale (PoS) segment led the thermal paper market and accounted for more than 64% of the global revenue share in 2020.
• The product is widely used in PoS machines owing to the ease of printing. In addition, the wide-ranging use of mobile PoS terminals in public utility spaces, transportation, and retail markets has supported the segment growth.
• Growing preference for cashless transactions in developing economies, such as India, China, Vietnam, and Indonesia, are driving the demand for PoS transactions and thereby propelling the product demand.
• The tags & labels segment is expected to register the fastest CAGR of 6.4% over the forecast period. Growing applications of tags & labels in the retail and food & beverage industries are expected to be the primary factors driving the segment growth.

Thermal Paper Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

The global market is highly oligopolistic with fierce price competition between the companies. The market is characterized by tight margins. The profitability of the companies is highly dependent on the cost of raw materials and a high degree of automation to achieve economies of scale in the production process. Furthermore, the industry profit margins vary based on their integration levels.

Some prominent players in the Thermal Paper market include

• Ricoh Company, Ltd.
• Oji Holdings Corporation
• MPM Ltd.
• Appvion Incorporated
• Jujo Thermal Ltd.
• Lecta Group

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Fire Protection System Market Business Drivers, Top Companies and Competitive Analysis

Fire Protection System Industry Overview

The global fire protection system market size is expected to reach USD 130.37 billion by 2030, according to a study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 6.7% from 2022 to 2030. Increasing adoption of wireless technology in fire protection systems, growing human and property loss owing to fire breakouts, and stringent fire safety regulations are projected to fuel the market growth.

Fire Protection System Market Segmentation

Grand View Research has segmented the global fire protection system market based on product, service, application, and region:

Based on the Product Insights, the market is segmented into Fire Detection, Fire Suppression, Fire Response, Fire Analysis and Fire Sprinkler System.

• The fire detection segment accounted for more than 50.0% share of the global revenue in 2021.
• A fire detection system comprises various devices working collectively, which help detect and warn people through video and audio equipment during an incident involving smoke, carbon monoxide, fire, or other emergencies.
• The fire analysis segment is expected to register the highest CAGR of 13.6% from 2022 to 2030. The segment growth can be attributed to the increasing need for fire analysis, which helps make proper decisions during fire prevention.

Based on the Service Insights, the market is segmented into Managed Services, Installation and Design Services, Maintenance Services and Others.

• The installation and design service segment accounted for more than 40.0% share of the global revenue in 2021.
• Installation and design services refer to the practice of outsourcing the solution for design, development, upgrades documentation and installing processes of the fire protection system.
• The maintenance services segment is expected to register the highest CAGR of 6.8% from 2022 to 2030.
• Fire protection systems play a vital role in detecting and alerting people in the event of smoke or fire; however, any fault in the system may lead to accidents and asset losses.

Based on the Application Insights, the market is segmented into Commercial, Industrial and Residential.

• The commercial application segment dominated the market and accounted for more than 45.0% share of the global revenue in 2021.
• The commercial application segment comprises applications for retail, BFSI, government, healthcare, and telecom and IT educational institutions.
• The industrial application segment is expected to register the highest CAGR of 7.8% from 2022 to 2030.
• The industrial application covers major sectors such as oil and gas, mining, energy and power, and manufacturing.

Fire Protection System Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Key Companies Profile & Market Share Insights

Major players are adopting strategic initiatives and undertaking measures to gain benefits from the opportunities in the emerging market. The key companies in the market have launched new advanced products to meet the evolving customer needs.

Some prominent players in the Fire Protection System market include

• Honeywell International, Inc.
• Johnson Controls
• Raytheon Technologies Corporation
• GENTEX CORPORATION
• Siemens
• Robert Bosch GmbH
• Halma plc
• Eaton

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Kaolin Market Summary, Economic Landscape, Revenue Growth Prospects and PESTEL Analysis

Kaolin Industry Overview

The global kaolin market size is projected to reach approximately USD 5.87 billion by 2030, according to a new report by Grand View Research, Inc., progressing at a CAGR of 3.7% in the forecast period. The rising prominence of kaolin especially in the manufacturing of whiteware ceramics is projected to aid the market growth over the predicted timeline.

Kaolin Market Segmentation

Grand View Research has segmented the global kaolin market on the basis of application and region:

Based on the Application Insights, the market is segmented into Paper, Ceramics, Paint & Coatings, Fiberglass, Plastic, Rubber, Pharmaceuticals & medical, Cosmetics and Others

• Paper dominated the market and accounted for a volumetric share of nearly 39.1% in 2021. Kaolin coating improves the appearance of paper giving it varied level of gloss, smoothness, brightness, opacity and printability.
• Ceramics is projected to emerge as the second largest application segment with the highest compounded annual growth rate of nearly 4.6% in terms of volume in the forecast period.
• Paints & coatings accounted for a market revenue share of nearly 6.2% in 2021. The use of paints & coating in construction industry is projected to remain a key driver for the market growth of kaolin.
• Rubber is projected to account as the fifth largest market with a volumetric share of nearly 2.1% in 2021. The segment is estimated to lose its market share owing to the prevalence of substitutes in the forecast period.

Kaolin Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

The vendors of this marketspace remained under immense pressure due to the economic disruption caused with the arrival of COVID-19. The new order bookings and shipments were directly impacted due to the imposed lockdowns and transportation restrictions. The manufactures are mostly focusing on keeping the liquidity flow in order to avoid any further losses.

Some prominent players in the Kaolin market include

• LB Minerals Ltd.
• BASF SE
• Sibelco
• KaMin LLC
• Thiele Kaolin Company
• Imerys S.A.
• I-Minerals Inc.
• Quazwerke GmbH
• Maoming Xingli Kaolin Co. Ltd.
• EICL Ltd.

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Roofing Materials Market Analysis Report By Product, Application and Segment, 2030

Roofing Materials Industry Overview

The global roofing materials market is expected to reach USD 171.25 billion by 2030, registering a CAGR of 4.0% from 2022 to 2030, as per a new report by Grand View Research Inc. Increasing investments in the renovation and redevelopment of residential and non-residential buildings are expected to drive the market growth.

Roofing Materials Market Segmentation

Grand View Research has segmented the global roofing materials market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Asphalt Shingles, Concrete & Clay Tile Roofs, Metal Roofs, Plastic Roofs and Others.

• Concrete and clay tiles product segment led the market and accounted for more than 29% share of the global revenue in 2021.
• Asphalt shingles segment is projected to register a CAGR of 4.1% in terms of value over the forecast period.
• In 2021, the metal roof segment held a share of 22.4% of the overall market in terms of revenue.
• The plastic roof segment is anticipated to grow at a CAGR of 2.6% over the forecast period owing to advantages such as ease of installation, and low maintenance.

Based on the Application Insights, the market is segmented into Residential and Non-residential.

• Residential application segment led the market and accounted for more than 55% of the global revenue share in 2021.
• Factors such as the increasing global population and rising preference of consumers for single-family housing structures are anticipated to fuel the growth of residential segment of roofing materials market during the forecast period.
• Evolving business models, new startups, and increased need for office spaces are expected to drive the global demand for non-residential buildings.
• Furthermore, rising expenditures in the construction of data centers by major technological companies like as Microsoft, Google, and Amazon are expected to boost demand for roofing materials used in non-residential structures.

Roofing Materials Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

The global market is characterized by the presence of various small- and large-scale vendors, resulting in a moderate level of concentration in the market. The surging requirement for reliable and precise roofing solutions is fueling the growth of market.

Some prominent players in the Roofing Materials market include

• GAF Materials Corporation
• Atlas Roofing Corporation
• Owens Corning
• TAMKO Building Products, Inc.
• CSR Ltd.
• Carlisle Companies Inc.
• Crown Building Products LLC
• Metal Sales Manufacturing Corporation
• Wienerberger AG
• Etex
• CertainTeed Corporation
• Johns Manville
• Fletcher Building Limited
• Eagle Roofing Products
• Boral Roofing

Order a free sample PDF of the Roofing Materials Market Intelligence Study, published by Grand View Research.

Nitrile Gloves Market: The Rapid Spread Of The COVID-19 Pandemic Is Anticipated To Increase The Product Demand

Nitrile Gloves Industry Overview

The global nitrile gloves market size is anticipated to reach USD 10.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 5.7% from 2022 to 2030. The industry is primarily driven by rising healthcare expenditures, the growing importance of safety at workplaces, and a significant surge in protective equipment demand during the COVID-19 pandemic.

Nitrile Gloves Market Segmentation

Grand View Research has segmented the global nitrile gloves market on the basis of type, product, end use, and region:

Based on the Type Insights, the market is segmented into Powdered and Powder Free.

• The powder free nitrile gloves segment led the market and accounted for 72.5% of the global revenue share in 2021, owing to their increasing preference across various industries.
• Powder free gloves are less form-fitting as they undergo chlorination process or polymer coatings such as acrylics, silicones, and hydrogels, resulting in the healthcare facilities replacing latex gloves with powder free nitrile gloves.
• The powdered market segment is projected to grow at 3.5% from 2022 to 2030.

Based on the Product Insights, the market is segmented into Disposable and Durable.

• The disposable segment led the nitrile gloves market and accounted for 72% of the global revenue share in 2021.
• Disposable nitrile gloves are usually thinner as compared to durable gloves, which offer greater sensitivity.
• The demand for durable products is anticipated to grow at a CAGR of 4.7% during the forecast period.
• Durable nitrile gloves offer advantages such as durability, strength, low generation of waste, and other environmental benefits.

Based on the End-use Insights, the market is segmented into Medical & Healthcare, Automotive, Oil & Gas, Food & Beverage, Metal & Machinery, Chemical & Petrochemical, Pharmaceutical, Cleanroom and Others

• The medical & healthcare segment led the market and accounted for 87.6% of the global revenue share in 2021.
• Disposable nitrile gloves are particularly in demand as they lower the risk of contamination.
• The demand for this product is also expected to increase from other end-use industries, mainly food & beverage, chemical & petrochemical, and pharmaceutical.
• The demand for nitrile gloves in the automotive industry is expected to witness a growth of 6.4% during the projected period.

Nitrile Gloves Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Key Companies Profile & Market Share Insights

In order to cater to the increasing demand from various industries, companies have started expanding their business through mergers, acquisitions, the establishment of new production plants, and geographic expansion strategies. The industry also focuses on research & development activities to develop new technologies for the manufacturing of nitrile gloves.

Some prominent players in the Nitrile Gloves market include

• Ansell Ltd
• Top Glove Corporation Bhd
• Hartalega Holdings Berhad
• Unigloves (UK) Limited
• Adenna LLC
• Kossan Rubber Industries Bhd
• Superior Gloves
• MCR Safety
• Supermax Corporation Berhad
• Ammex Corporation
• Cardinal Health
• Medline Industries, Inc.

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Heat Exchanger Market Key Companies Are API Heat Transfer, Xylem, Mersen, Hisaka Works, SPX FLOW and Koch Heat Transfer Company

Heat Exchanger Industry Overview

The global heat exchanger market size is expected to reach USD 26.78 billion by 2030, according to a new report by Grand View Research, Inc. Rising demand from various industries, including chemical & petrochemical, and power generation, along with an increasing focus on improving efficiency standards in expected to drive the market at a CAGR of 5.1%.

Heat Exchanger Market Segmentation

Grand View Research has segmented the global heat exchanger market on the basis of product, end use, and region:

Based on the Product Insights, the market is segmented into Plate & Frame Heat Exchanger, Shell & Tube Heat Exchanger, Air-Cooled Heat Exchanger and Others.

• Shell & tube segment led the industry and accounted for 35.8% of the global revenue demand in 2021.
• Shell & tube products are used in applications that require a wide temperature and pressure range as well as transfer between two liquids, between liquids & gases, or between two gases.
• The plate & frame product segment is expected to expand at a CAGR of 5.6% during the forecast period.
• Air-cooled products, also known as air coolers, comprise various components such as a tube bundle, an air pumping device such as a blower or an axial flow fan, and a support structure.

Based on the End-use Insights, the market is segmented into Chemical & Petrochemical, Oil & Gas, HVAC & Refrigeration, Power Generation, Food & Beverage, Pulp & Paper and Others.

• Chemical & petrochemical led the market and accounted for 22.7% of the global revenue demand in 2021.
• The rising demand for fertilizers, plastics, packaging, digital devices, medical equipment, and clothing is likely to boost the petrochemical industry's growth.
• The heat exchanger demand in the oil & gas end-use industry is anticipated to expand at a CAGR of 4.7% during the forecast period.
• Heat exchangers form an essential part of HVAC systems. Increasing awareness regarding energy conservation and reducing energy bills is expected to augment the demand for heat exchangers in the HVAC industry.

Heat Exchanger Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

The global heat exchangers market is characterized by the presence of multinational as well as regional players that are engaged in designing, manufacturing, and distributing these products. Product manufacturers strive to obtain a competitive edge over their competitors by increasing the application scope of their products.

Some prominent players in the Heat Exchanger market include

• Alfa Laval
• Kelvion Holding GmbH
• Danfoss
• API Heat Transfer
• Xylem Inc.
• HRS Heat Exchangers
• Hisaka Works, Ltd.
• Koch Heat Transfer Company

Order a free sample PDF of the Heat Exchanger Market Intelligence Study, published by Grand View Research.

Faucet Market: Increasing Investment In The Industrial Sector To Boost The Product Demand

Faucet Industry Overview

The global faucet market is expected to reach USD 36.7 billion by 2030 and expand at a CAGR of 7.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The faucet market is gaining high popularity due to growth in the real estate industry eventually increasing the construction of residential and commercial buildings that require faucet installations.

Faucet Market Segmentation

Grand View Research has segmented the global faucet market on the basis of, end user, application, distribution channel, and region:

Based on the End-user Insights, the market is segmented into Residential and Commercial.

• The commercial segment led the market and accounted for a 57% share of the global revenue in 2021. By the end of 2030, this segment is expected to witness the fastest CAGR of 7.5% during the forecast period.
• The residential segment is anticipated to expand at the fastest CAGR of 7.2% from 2022 to 2030. The residential segment of the market has the highest spending potential from young house owners in affordable markets.

Based on the Application Insights, the market is segmented into Bathroom, Kitchen and Others.

• The bathroom segment led the market and accounted for a 42.2% share of the global revenue in 2021. The demand for faucets for bathroom applications is driven by the growing hospitality industry along with the rising real estate sector at the global level.
• The kitchen segment is anticipated to expand at the fastest CAGR of 7.7% from 2022 to 2030. Increasing spending on home remodeling is driving the demand for advanced kitchen faucets.

Based on the Distribution Channel Insights, the market is segmented into Online and Offline.

• The online distribution channel is anticipated to make the largest contribution to the global market of over 7.7% of CAGR in 2022.
• In terms of distribution channels, the offline segment dominated the market and accounted for the largest revenue share of 88.6% in 2021. Also, the segment is projected to witness a CAGR of 7.4% from 2022 to 2030.

Faucet Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

The market includes both international and domestic participants. Key market players focus on strategies such as innovation and new product launches in retail, to enhance their portfolio offering in the market.

Some prominent players in the Faucet market include

• Kohler Co.
• Kraus, USA
• American Standard Brands
• Grohe America Inc.
• Pfister
• Delta Faucet Company
• Moen Incorporated
• Aqua Source Faucet

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Rising Demand From The Healthcare Sector To Provide Lucrative Growth Opportunities To Permanent Magnets Market

Permanent Magnets Industry Overview

The global permanent magnets market size is projected to reach approximately USD 39.70 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.4% over the forecast period. The rising number of supportive initiatives to promote healthcare infrastructure, especially in developing countries, is projected to aid the market growth over the forecast period. The demand for the product is expected to be driven by the extensive usage in industrial automation amidst the COVID-19 outbreak and rising demand from the healthcare sector. Permanent magnets are used in various medical devices, such as blood separators, surgical devices, dental equipment, patient monitoring systems, drug delivery systems, and Magnetic Resonance Imaging (MRI) scanners, and other essential & non-essential healthcare devices. The COVID-19 outbreak in 2020 played a key role in driving the investments in developing healthcare infrastructure.

Permanent Magnets Market Segmentation

Grand View Research has segmented the global permanent magnets market on the basis of material, application, and region:

Based on the Material Insights, the market is segmented into Ferrite, Neodymium Iron Boron (NdFeB), Aluminum Nickel Cobalt (Alnico) and Samarium Cobalt (SmCo)

• The ferrite material segment dominated the market in 2021 and accounted for the largest volumetric share of more than 80.6%.
• Ferrite magnets are primarily used in motor applications. They are also utilized in loudspeakers, separation equipment, Magnetic Resonance Imaging (MRI), relays & switches, and holding & lifting applications.
• Over the past five years, the application scope of NdFeB magnets has broadened considerably.
• Apart from its traditional applications, the product is now witnessing significant penetration in the motors of electric and hybrid electric vehicles, wind power generators, air conditioning compressors & fans, and energy storage systems.

Based on the Application Insights, the market is segmented into Automotive, Consumer Goods & Electronics, Industrial, Medical, Energy, Aerospace & Defense and Others.

• Consumer goods & electronics accounted for the largest volumetric share of more than 26.5% and emerged as the leading application segment in 2021.
• In the electronics industry, the product is used in air conditioning compressors & fans, recorders, computer cables, DVDs, cameras, watches, earbuds, loudspeakers, microphones, mobile phones, voice coil motors, printers, fax stepper motors, printer machine rollers, hard disk drives (HDDs), and portable power tool motors among others.
• The automotive segment is projected to observe a steady growth rate, in terms of revenue, over the forecast period.
• Medical is projected to be among the fastest-growing application segments for the market over the predicted timeline. The product demand in the medical sector is primarily driven by its increasing use in devices, such as magnetic resonance imaging, body scanners, and heart pacemakers.

Permanent Magnets Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA

Key Companies Profile & Market Share Insights

The global market is fragmented and is characterized by regional concentration. On account of the presence of large-scale rare earth metal deposits in China, numerous small, medium, and large-scale manufacturers are located in close vicinity.

Some prominent players in the Permanent Magnets market include

• Adams Magnetic Products Co.
• Earth-Panda Advance Magnetic Material Co., Ltd.
• Arnold Magnetic Technologies
• Daido Steel Co., Ltd.
• Eclipse Magnetics Ltd.
• Electron Energy Corporation
• Goudsmit Magnetics Group
• Hangzhou Permanent Magnet Group
• Hitachi Metals Ltd.
• Magnequench International, LLC
• Ningbo Yunsheng Co., Ltd.
• Ninggang Permanent Magnetic Materials Co., Ltd.
• Shin-Etsu Chemical Co., Ltd.
• TDK Corporation
• Thomas & Skinner, Inc.
• Vacuumschmelze GMBH & Co. Kg
• Ugimag Korea Co., Ltd.
• UNION MATERIALS CORPORATION
• Pacific Metals Co., Ltd.

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Cyber Security Market: Proliferation Of Smart Devices To Contribute To The Growth Of The Industry

Cyber Security Industry Overview

The global cyber security market size is projected to reach USD 500.70 billion by 2030, registering a CAGR of 12.0% from 2022 to 2030, according to a new study by Grand View Research Inc. The rise in the number of cyber-attacks during the pandemic kept the cybersecurity solutions’ demand upbeat in 2020. The trend is expected to continue post-pandemic and by the forecast period owing to several firms adopting hybrid working and BYOD trends resulting in an increase in the number of endpoint devices and anonymous network access, putting the organization's IT systems at risk.

Cyber Security Market Segmentation

Grand View Research has segmented the global cyber security market based on component, security type, solution, services, application, deployment, organization size and region:

Based on the Component Insights, the market is segmented into Hardware, Software and Services.

• The services segment accounted for the largest revenue share in 2021, contributing more than 50% of the overall revenue. This can be attributed to the increasing demand for consultation services and maintenance and upgrade services from small and medium enterprises.
• The hardware segment is expected to register the highest growth over the forecast period due to several organizations engaged in implementing cyber security platforms and also upgrading their existing ones.

Based on the Security Type Insights, the market is segmented into Endpoint Security, Cloud Security, Network Security, Application Security, Infrastructure Protection, Data Security and Others.

• The infrastructure protection segment accounted for the largest revenue share in 2021, contributing more than 25% of the overall revenue.
• The cloud security segment is expected to exhibit the highest growth in the forecast period owing to the increasing adoption of cloud-based solutions by enterprises due to its cost-effectiveness and the convenience of working with cloud-based platforms.

Based on the Solution Insights, the market is segmented into Unified Threat Management (UTM), IDS/IPS, DLP, IAM, SIEM, DDoS, Risk and Compliance Management and Others

• The IAM segment accounted for the largest revenue share in 2021, contributing more than 25% of the overall revenue.
• The high market share is attributed to the increasing number of mobile endpoint devices subjecting the organization to data breaches and cyber-attacks.
• The IDS/IPS segment is expected to exhibit the highest growth in the forecast period due to the increasing need for real-time monitoring and identifying threats across the networks.

Based on the Services Insights, the market is segmented into Professional Services and Managed Services.

• The managed services segment is expected to register the highest growth rate of more than 10% over the forecast period. The high growth can be attributed to the increasing demand for outsourcing IT security services to monitor and maintain security solutions and actions.
• The professional services segment held the highest market share of the overall market in 2021 and is expected to maintain its dominance over the forecast period.

Based on the Application Insights, the market is segmented into IT & Telecom, Retail, BFSI, Healthcare, Defense/ Government, Manufacturing, Energy and Others.

• The defense/government segment held the highest market share of more than 20% of the overall market in 2021.
• The healthcare segment held the highest revenue share of the overall market in 2021.
• Healthcare facilities have different types of information systems, including practice management support systems, e-prescribing systems, EHR systems, radiology information systems, and clinical decision support systems, among others, which hold a lot of sensitive patient and hospital data.

Based on the Deployment Insights, the market is segmented into Cloud-based and On-premises.

• The cloud-based segment is expected to register the highest growth rate of more than 10% over the forecast period. The high growth can be attributed to the growing deployment of cloud computing infrastructure and migration of on-premises solutions to the cloud by enterprises.
• The on-premises segment held the highest market share of the overall market in 2021 and is expected to maintain its dominance over the forecast period.

Based on the Organization Size Insights, the market is segmented into SMEs and Large Enterprises.

• The SMEs segment is expected to register the highest growth rate of more than 11% over the forecast period.
• The large enterprise segment held the highest market share of the overall market in 2021 due to the increase in spending on IT infrastructure by these organizations.

 

Cyber Security Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Key Companies Profile & Market Share Insights

The market is characterized by the presence of several players offering differentiated security solutions with advanced features. Players in the cyber security space are engaged in introducing products with artificial intelligence and machine learning capabilities, which help organizations automate their IT security.

Some prominent players in the Cyber Security market include

• Cisco Systems, Inc.
• Palo Alto Networks
• McAfee, Inc.
• Broadcom
• Trend Micro Incorporated
• CrowdStrike
• Check Point Software Technology Ltd.

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Virtual Reality Market Demand Is Increased Due To Rapid Penetration Of Head-Mounted Display (HMD) In Various Industries By 2030

Virtual Reality Industry Overview

The global virtual reality market size is expected to reach USD 87.0 billion by 2030, according to the latest report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.0% from 2022 to 2030. The rapid penetration of Head-Mounted Display (HMD) in various industries, particularly in entertainment and gaming, has led to significant market growth. Additionally, the advent of 5G technology has positively impacted the adoption of virtual technology.

Virtual Reality Market Segmentation

Grand View Research has segmented the global virtual reality market on the basis of device, component, application, technology and region:

Based on Device Insights, the market is segmented into Head-mounted Display (HMD), Gesture-tracking Device (GTD) and Projectors & Display Wall (PDW).

• The head-mounted display (HMD) device segment accounted for the largest revenue share of over 60.0% in 2021 and is expected to dominate the market from 2022 to 2030.
• The segment growth is fueled by the diversity and flexibility of HMDs, such as hybrid, tethered, and self-contained HMDs.
• The gesture-tracking device (GTD) segment is projected to register the fastest CAGR of 17.4% over the forecast period.
• This growth can be attributed to a significant transition in demand from standard gesture tracking to visual gesture tracking as visual gesture recognition is a novel and rapidly increasing technology that allows for more immersive and natural human-computer interaction.

Based on the Component Insights, the market is segmented into Hardware and Software.

• The hardware segment accounted for the largest revenue share of over 65.0% in 2021 and is anticipated to dominate the market over the forecast period. The rapid use of smartphones, tablets, and other technologically advanced electronic gadgets is contributing to the segment growth.
• The software segment is expected to register the highest CAGR of 17.0% over the forecast period. This can be attributed to the ability of the software to generate proper feedback, analyze incoming data, and manage input/output devices.

Based on the Application Insights, the market is segmented into Aerospace & Defense, Consumer, Commercial, Enterprise, Healthcare and Others.

• The commercial segment accounted for the largest revenue share of over 50.0% in 2021 and is anticipated to dominate the market over the forecast period.
• The increasing use of VR headsets in the commercial sector, including real estate, vehicle showrooms, and retail stores, provides new growth potential to VR companies.
• The healthcare segment is expected to register the highest CAGR of 19.3% over the forecast period, which can be attributed to the broad spectrum of prospects for VR in the healthcare sector, including disease awareness, medical marketing, and medical learning & training.

Based on Technology Insights, the market is segmented into Semi & Fully Immersive and Non-immersive.

• The semi and fully immersive segment accounted for the largest revenue share of over 80.0% in 2021. It is also estimated to register the highest CAGR over the forecast period.
• The segment growth can be attributed to the continuous surge in demand for VR HMDs.
• The non-immersive technology provides viewers with a computer-generated or digital environment rather than an immersive virtual world experience.

Virtual Reality Regional Outlook

• North America
• Europe
• Asia Pacific
• South America
• MEA

Key Companies Profile & Market Share Insights

The continued trend of technology giants bringing commercial products into the market has prompted start-ups to collaborate in order to integrate and absorb VR technologies. Key companies are pursuing mergers and acquisitions as well as collaborations with technology start-ups to gain a competitive advantage in the market.

Some prominent players in the Virtual Reality market include

• Barco
• CyberGlove Systems, Inc.
• Meta
• HTC Corporation
• Microsoft
• Samsung
• Sensics, Inc.
• Sixense Enterprises, Inc. (Penumbra, Inc.)
• Ultraleap Limited

Order a free sample PDF of the Virtual Reality Market Intelligence Study, published by Grand View Research.

Non-Destructive Testing Market Revenue Is Driven By Growing Industrialization and Urbanization, 2030

Non-destructive Testing Industry Overview

The global non-destructive testing market size is anticipated to reach USD 34.1 billion by 2030, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to witness significant growth over the forecast period. The growth is ascribed to the increasing manufacturing in the developing as well as developed nations.

Non-destructive Testing Market Segmentation

Grand View Research has segmented the global non-destructive testing market based on offering, test method, vertical, and region:

Based on the Offering Insights, the market is segmented into Services and Equipment.

• The services segment dominated the market and accounted for the largest revenue share of 75.2% in 2021 and is expected to remain dominant over the forecast period.
• The equipment segment is poised to witness steady growth during the forecast period. Advancements in technology leading to the availability of state-of-the-art variants are expected to contribute to the growth of this segment.

Based on the Test Methods Insights, the market is segmented into Traditional NDT Method and Digital/Advanced NDT Method.

• The traditional test method segment dominated the market and accounted for the largest revenue share of 80.5% in 2021.
• Digital/Advanced NDT Method is further segmented into Digital Radiography (DR), Phased Array Ultrasonic Testing (PAUT), Pulsed Eddy Current (PEC), Time-Of-Flight Diffraction (TOFD), Alternating Current Field Measurement (ACFM), Automated Ultrasonic Testing (AUT).
• The phased array ultrasonic testing (PAUT) segment dominated the market and accounted for the largest share of 21.0% in 2021. This growth is ascribed to the growing adoption of PAUT as compared to other digital NDT methods.

Based on the Vertical Insights, the market is segmented into Oil & Gas, Manufacturing, Aerospace and Defense, Construction, Automotive, Power Generation and Others.

• The manufacturing vertical segment dominated the non-destructive testing (NDT) market and accounted for the largest revenue share of 22.0% in 2021. The growth is attributed to the ever-increasing volume of manufacturing across the globe.
• The power generation segment comprises numerous industries such as power grids and hydroelectric power plants. The segment is expected to witness healthy growth over the forecast period with a CAGR of more than 8.0%.

Non-destructive Testing Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Key Companies Profile & Market Share Insights

Incumbents of the market remain keen on increasing their market share. As such, they undertake various initiatives and adopt different strategies, such as signing partnerships, making investments, engaging in mergers and acquisitions, launching new products and services, and quoting competitive prices.

Some prominent players in the Non-destructive Testing market include

• Ashtead Technology
• Eddyfi
• Fischer Technologies Inc
• General Electric
• Nikon Corporation
• Mistras Group
• Olympus Corporation
• Sonatest
• Yxlon International
• Zetec, Inc
• MME Group
• TWI Ltd.

Order a free sample PDF of the Non-destructive Testing Market Intelligence Study, published by Grand View Research.

Minimally Invasive Surgical Instruments Market: Technological Advancements To Provide Lucrative Growth Opportunities

Minimally Invasive Surgical Instruments Industry Overview

The global minimally invasive surgical instruments market size is estimated to reach USD 60.65 billion by 2030 registering a CAGR of 9.8% from 2022 to 2030 according to a new report by Grand View Research, Inc. The cost of minimally invasive surgical instruments is significantly lower than in patient and open surgeries. Thus, it is beneficial for patients and payers as well. Reduction in healing time, smaller incisions, reduced anastatic use, decreased hospital stays, and increased accuracy has improved its adoption by most surgeons across the globe. Furthermore, an increase in investments by several organizations and hospitals to improve healthcare infrastructure is expected to create opportunities for minimally invasive surgical instrument manufacturers. To deliver a high standard of medical care, surgical wards in newly built hospitals are expected to be equipped with advanced surgical equipment, which is likely to propel market growth in the forecast period.

Minimally Invasive Surgical Instruments Market Segmentation

Grand View Research has segmented the minimally invasive surgical instruments market based on device, end use, application and region:

Based on the Device Insights, the market is segmented into Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices and Monitoring & Visualization Devices.

• In 2021, the handheld instruments segment dominated the minimally invasive surgical instruments market with more than 22% share.
• The handheld instruments market is driven by technological innovations and their growing adoption in minimally invasive surgeries.
• Handheld instruments used in MIS techniques target reducing the amount of damage to extraneous tissues during surgical procedures, thereby speeding patient recovery time and reducing discomfort & side effects.

Based on the Application Insights, the market is segmented into Cardiac, Gastrointestinal, Orthopedic, Vascular, Gynecological, Urological, Thoracic, Cosmetic, Dental and Others.

• The orthopedic application segment dominated the market with a revenue share of over 23.6% in 2021.
• Cardiac surgery is one of the key factors boosting the adoption of minimally invasive surgeries.
• Rising incidence of cardiovascular diseases is one of the significant factors leading to an increase in the adoption of minimally invasive surgeries over conventional ones owing to the various advantages of these surgeries.

Based on the End Use Insights, the market is segmented into Hospitals and Ambulatory Surgical Centers.

• The hospital segment accounted for the maximum revenue share of over 66.2% in 2021.
• On the other hand, ambulatory surgical centers are expected to witness the fastest growth rate over the forecast period.
• The demand for outpatient surgeries is likely to grow dramatically in the coming years.
• The growth in ambulatory surgical centers can be attributed to several factors including rise in minimally invasive procedures, advancement in the field of anesthesia, enhanced patient experiences, legislative changes, and economic pressures.

Minimally Invasive Surgical Instruments Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Companies Profile & Market Share Insights

The global minimally invasive surgical instruments market witnesses a highly competitive market due to the presence of leaders. Most of their revenue is invested in R&D to develop highly interactive technology to strengthen its market position.

Some prominent players in the Minimally Invasive Surgical Instruments market include

• Medtronic,
• Siemens
• Healthineer AG,
• Ethicon, Inc. (Johnson & Johnson)
• Depuy Synthes,
• GE Healthcare
• Abbott Laboratories
• Intutive Surgical Inc.
• Nuvasive Inc.,
• Zimmer Biomet

Order a free sample PDF of the Minimally Invasive Surgical Instruments Market Intelligence Study, published by Grand View Research.

Contrast Media Injectors Market Is Driven By Increasing Application In Neurosurgeries And Orthopedic Surgeries

Contrast Media Injectors Industry Overview

The global contrast media injectors market is expected to reach USD 1.65 billion by 2030, registering a CAGR of 4.83% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to grow because of the rising demand for minimally invasive surgical procedures, along with the increasing usage of consumables for several diagnostic procedures, which are supporting the market growth of contrast media injectors.

Contrast Media Injectors Market Segmentation

Grand View Research has segmented the global contrast media injectors market based on the product, type, application, end use, and regions:

Based on the Product Insights, the market is segmented into Injector Systems and Consumables.

• The injector systems led the market and accounted for more than 61.33% share of the global revenue in 2021.
• The consumables segment is expected to register the highest CAGR of 5.73% during the forecast period.

Based on the Type Insights, the market is segmented into Single Head Injectors, Dual-Head Injectors and Syringe less Injectors.

• The single head injectors led the market and accounted for more than 44.44% share of the global revenue in 2021. Single head injectors are the most widely used injectors for angiography, CT, and MRI.
• The syringe-less injectors segment is expected to exhibit the highest CAGR of 6.03% during the forecast period.
• Several major manufacturers are concentrating their efforts on the introduction and development of syringe-less injectors, which are expected to boost the market.

Based on the Application Insights, the market is segmented into Radiology, Interventional Cardiology and Interventional Radiology.

• Radiology led the market and accounted for more than 47.39% share of the global revenue in 2021.
• This segment is projected to grow at a lucrative rate owing to the non-invasive nature of radiology techniques and the rise in the prevalence of chronic diseases.
• The interventional cardiology segment is anticipated to witness the fastest CAGR of 5.79% in the forecast period. The rising prevalence of cardiac conditions such as stroke, heart attack, arrhythmia, and heart valve disorders is expected to drive segment growth.

Based on the End Use Insights, the market is segmented into Hospitals, Diagnostics Centers and Ambulatory Surgery Centers.

• The hospital segment dominated the market and accounted for over 68.07% share of the global revenue in 2021, owing to increasing admissions of patients suffering from neurological disorders, cardiovascular diseases, and cancer.
• The diagnostics centers are the second leading segment after hospitals accounted for more than 22.08% shares of the global revenue in 2021.
• The rise in the number of private imaging centers (driven by the increased demand for diagnostic imaging and early diagnosis) and the shortage of imaging modalities in small and mid-scale hospitals are two significant reasons driving the growth of diagnostic imaging centers.

Contrast Media Injectors Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Companies Profile & Market Share Insights

The key players provide a broad range of advanced devices through their strong distribution and supply channels worldwide. In addition, leading players are involved in mergers & acquisitions, new product launches, strategic collaborations, and regional expansions to gain the maximum revenue share in the sector.

Some prominent players in the Contrast Media Injectors market include

• Bayer HealthCare LLC
• Bracco Group
• Ulrich Medical
• Guerbet Group
• Medtron AG
• Nemoto Kyorindo Co., Ltd.
• Hong Kong Medi Co Limited

Order a free sample PDF of the Contrast Media Injectors Market Intelligence Study, published by Grand View Research.

Defoamers Market Application, Profit Margin Analysis and Business Environment Study, 2030

Defoamers Industry Overview

The global defoamers market size is expected to reach USD 5.05 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.0% from 2022 to 2030. The growth can be attributed to the rising investment in water treatment operations across the globe. Moreover, an increase in pulp and paper production in developing countries across the globe is predicted to fuel the demand for the product.

Defoamers Market Segmentation

Grand View Research has segmented the global defoamers market based on product, application, and region:

Based on the Product Insights, the market is segmented into Water-based, Oil-based, Silicone-based and Others.

• The silicone-based segment accounted for the largest revenue share of over 35.0% in 2021. This is attributed to the process friendliness of silicone-based defoamers, which enable their usage in several applications.
• The water-based segment is predicted to expand at a significant CAGR of 5.2% over the forecast period. This is attributed to the presence of environment-friendly components in them that are biodegradable.
• The other types of defoamers include polyethylene glycol and polypropylene glycol copolymers (EO/PO), alkyl polyacrylates, alkyl phosphates, and powder-based defoamers.

Based on the Application Insights, the market is segmented into Pulp & Paper, Coatings, Agrochemicals, Water Treatment, Food & Beverages and Others

• The paper and pulp segment accounted for the largest revenue share of over 25.0% in 2021. This is because the product reduces paper breaking, thereby improving the paper machine’s runnability.
• The agrochemicals segment is predicted to expand at the highest CAGR of 5.6% in terms of revenue over the forecast period. This is attributed to the rising demand for high-value crops, coupled with the growing awareness among farmers regarding crop protection.

Defoamers Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Companies Profile & Market Share Insights

Major manufacturers dominate the market with their strong presence in various regions. Few companies are engaged in the downstream application of the product.

Some prominent players in the Defoamers market include

• Kemira Oyj
• Air Products and Chemicals, Inc.
• Ashland Inc.
• Bluestar Silicones International
• Dow Corning Corporation
• Evonik Industries AG
• Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• BASF SE
• Elementis Plc
• Clariant AG
• KCC Basildon
• Eastman Chemical Company
• Synalloy Chemicals
• Tiny ChemPro
• Trans-Chemco, Inc.

Order a free sample PDF of the Defoamers Market Intelligence Study, published by Grand View Research.

Small Hydropower Market Porter's Five Forces Analysis and Opportunity Assessment By 2030

Small Hydropower Industry Overview

The global small hydropower market size is expected to reach USD 2.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 2.8% from 2022 to 2030. Growing investments in smart “energy-saving” across various end-uses are expected to provide an impetus to the adoption of small hydropower energy for electricity generation. Moreover, an increase in greenhouse gas emissions due to the growing power consumption has fueled the United Nations Industrial Development Organization (UNIDO) and Federal Energy Regulatory Commission (FERC) to adopt certain renewable energy measures. Policies by the Federal Energy Regulatory Commission in order to encourage renewable sources of energy, coupled with the need to deliver energy in rural locations, are expected to foster market growth.

Small Hydropower Market Segmentation

Grand View Research has segmented the global small hydropower market based on capacity, component, type, and region:

Based on the Capacity Insights, the market is segmented into Up to 1 MW and 1 - 10 MW.

• Up to 1 MW led the market and accounted for over 55.0% share of the global revenue in 2021.
• The negative environmental impact and cost savings offered in distribution and running costs provided by the small hydropower plants are expected to result in positive market growth for 1-10 MW capacity hydropower plants over the forecast period.

Based on the Component Insights, the market is segmented into Civil Construction, Power Infrastructure, Electromechanical Equipment and Others.

• The civil construction segment led the market and accounted for a revenue share of more than 30.0% in 2021. Civil construction accounted for a substantial share of project costs across all small hydropower projects (SHPPs).
• The market is anticipated to witness steady growth in all segments as the amount of electricity resources increases.
• The electromechanical equipment segment is expected to expand at a CAGR of 2.7% over the forecast period.

Based on the Type Insights, the market is segmented into Micro Hydropower and Mini Hydropower.

• The micro hydropower type segment dominated the share with a revenue share of over 55.0% in 2021.
• The micro hydropower systems consist of essential components including water conveyance channels or pipelines, turbines, pumps, alternators, regulators, and electricity distribution wiring.
• Commercially available turbines and generators are being sold as a package and require only the assembling of components, which makes the systems easy to manage and replace.
• Therefore, low maintenance and easy replacement are expected to result in increased market opportunities for micro hydropower.

Small Hydropower Regional Outlook

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Key Companies Profile & Market Share Insights

The market is characterized by the presence of several key players and a few medium and small-scale regional players. Many of the companies have their own sector that they focus on and have a very high penetration in that sector.

Some prominent players in the Small Hydropower market include

• ANDRITZ
• Bharat Heavy Electricals Limited
• FLOVEL Energy Private Limited
• General Electric
• Gilkes
• Natel Energy
• Siemens Energy
• SNC Lavalin Group
• TOSHIBA CORPORATION
• Voith GmbH & Co. KGaA

Order a free sample PDF of the Small Hydropower Market Intelligence Study, published by Grand View Research.

Vital Signs Monitoring Devices Market Analysis Report By Product, Application and Region, 2030

Vital Signs Monitoring Devices Industry Overview

The global vital signs monitoring devices market size is anticipated to reach USD 18.8 billion by 2030, according to the new report of Grand View Research, Inc., expanding at a CAGR of 9.3% over the forecast period. The growing prevalence of lifestyle-associated chronic conditions and rising demand for advanced monitoring devices in developing countries, such as China, India, Thailand, and Brazil, are the major factors driving the market growth. The availability of monitoring systems at competitive prices and increasing disposable income are also expected to fuel the market growth during the forecast period. The introduction of advanced, integrated vital signs monitoring solutions and the growing trend of using these devices in home healthcare settings & all-time wearable devices for chronic patients will support the market growth.

Vital Signs Monitoring Devices Market Segmentation

Grand View Research has segmented the global vital signs monitoring devices market on the basis of product, end use, and region:

Based on the Product Insights, the market is segmented into Blood Pressure Monitors, Pulse Oximeters, Temperature Monitoring Devices and Other Vital Sign Monitors.

• Blood pressure monitors (sphygmomanometers) held a lucrative share of more than 41.5% in 2021 and are also anticipated to grow at a healthy CAGR from 2022 to 2030.
• This can be attributed to the increasing BP monitoring due to the rapidly rising prevalence of hypertension.
• Pulse oximeters held a significant share in 2020, which are further sub-segmented into table-top/bedside, fingertip, hand-held, wrist-worn, pediatric pulse oximeters, and their accessories.
• Fingertip pulse oximeters are likely to witness lucrative growth, as these devices are portable, and being a wireless device offers more patient compliance.

Based on the End-use Insights, the market is segmented into Hospitals, Physician’s Office, Home Healthcare, Ambulatory Centers, Emergency Care Centers and Other Healthcare Settings.

• The hospitals end-use segment led the market with a share of more than 35.5% of the global revenue in 2021. This growth can be contributed to their large patient pool and greater financing capability for these devices.
• The product demand in home healthcare settings is likely to increase as patients are preferring to take at-home treatments and post-surgical recovery and avail of long-term care. The option of home healthcare is cost-efficient compared to the hospital stay.

Vital Signs Monitoring Devices Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Companies Profile & Market Share Insights

New product developments, collaborations, regional expansions, and mergers are key strategic initiatives undertaken by market players.

Some prominent players in the Vital Signs Monitoring Devices market include

• Koninklijke Philips N.V.
• Medtronic
• Nihon Kohden Corp.
• GE Healthcare
• Masimo
• Omron Healthcare
• Contec Medical Systems Co. Ltd.
• A&D Company Ltd.
• Nonin Medical, Inc.
• SunTech Medical, Inc.

Order a free sample PDF of the Vital Signs Monitoring Devices Market Intelligence Study, published by Grand View Research.

Alternative Data Market Organization Segment Trends, PEST Analysis and Forecast By 2030

Alternative Data Industry Overview

The global alternative data market size is anticipated to reach USD 143.31 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 54.4% from 2022 to 2030. The increasing emphasis on gaining alpha from hedge funds is expected to boost the demand for alternative data. The asset managers from hedge funds, mutual funds, private equity funds, pension funds, unit trusts, life insurance companies, and other BFSI entities are highly inclined to use alternative data to derive predictive insights. Moreover, the use of alternative data for risk management processes is also expected to drive market growth.

Alternative Data Market Segmentation

Grand View Research has segmented the global alternative data market based on data type, industry, end-users, and region:

Based on the Data Type Insights, the market is segmented into Credit & Debit Card Transactions, Email Receipts, Geo-location (Foot Traffic) Records, Mobile Application Usage, Satellite & Weather Data, Social & Sentiment Data, Web Scraped Data, Web Traffic and Other Data Types

• The credit and debit card transactions segment led the market for alternative data and accounted for revenue share of more than 15.0% in 2021.
• This segment is also expected to register the highest growth rate over the forecast period from 2022 to 2030 due to the advanced capabilities of the data providers, such as sorting customer expenditure based on gender, age, seller, geography, and other metrics.
• The social and sentiment data and mobile application usage segments are estimated to witness a significant growth rate over the forecast period. The growth is attributed to the rising demand for smartphone usage from the retail industry.
• Retail companies utilize it to analyze the user’s e-commerce application usage patterns. Further, the retailers are increasingly using sentiment data from social media websites to understand user interests from various groups and regions.

Based on the Industry Insights, the market is segmented into Automotive, BFSI, Energy, Industrial, IT & Telecommunications, Media & Entertainment, Real Estate & Construction, Retail, Transportation & Logistics and Other Industries.

• The Banking, Financial Services, and Insurance (BFSI) industry led the market for alternative data and accounted for a revenue share of more than 15.0% in 2021.
• The growth can be attributed to the increasing demand for insightful data from various BFSI entities, including hedge funds, mutual funds, private equity funds, pension funds, unit trusts, and life insurance companies.
• The retail industry segment is projected to exhibit a significant CAGR of more than 56.3% from 2022 to 2030.
• The IT and telecommunications industry also held a significant revenue share of the market in 2021.
• Some of the highest growing segments include energy, real estate, and construction, and transportation and logistics.

Based on the End-user Insights, the market is segmented into Hedge Fund Operators, Investment Institutions, Retail Companies and Other End-users.

• The hedge fund operators segment dominated the market for alternative data and accounted for a revenue share of around 70.0% in 2021.
• The investment institutions segment also held a significant market share in 2021 due to institutional investors' increasing demand to gain a competitive edge.
• The retail companies’ segment is expected to register the highest CAGR from 2022 to 2030. The growth is attributed to novel use cases of alternative data, such as geo-location, satellite, social media, and sentiment data by retail companies to take strategic decisions.

Alternative Data Regional Outlook

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Companies Profile & Market Share Insights

The market for alternative data is highly fragmented with the presence of numerous companies; especially the providers of web scraped and credit/debit card transaction data. Some market players are engaged in acquisitions and partnerships to expand their capabilities.

Some prominent players in the Alternative Data market include

• 1010Data
• Advan
• Dataminr
• Earnest Research
• M Science
• Preqin
• RavenPack
• Thinknum Alternative Data
• UBS Evidence Lab
• YipitData

Order a free sample PDF of the Alternative Data Market Intelligence Study, published by Grand View Research.

Automotive Adhesive Tapes Market Driver, Restraint, Challenges and Opportunities Study, 2030

Automotive Adhesive Tapes Industry Overview

The global automotive adhesive tapes market size is expected to reach USD 5.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2022 to 2030. Growing usage of advanced functional materials to improve aesthetics, reduce weight and enhance the performance of the vehicles is expected to drive the market.

Automotive Adhesive Tapes Market Segmentation

Grand View Research has segmented the global automotive adhesive tapes market on the basis of application, adhesive chemistry, and region:

Based on the Application Insights, the market is segmented into Wire Harnessing, Powertrain, Acoustic Insulation, Interior Attachment, Exterior Attachment, Electronics, and Chassis & Wheels.

• The interior attachment application segment led the market and accounted for a revenue share of about 29.0% in 2021.
• The demand for adhesive tapes in interior applications is expected to be fueled by the high adhesive strength of the tape coupled with a superior attachment of different materials.
• The introduction of advanced features in car interiors such as the provision of attachments for mobile devices, electronic chargers, air purifiers, connection for portable refrigerators, and other components requires adhesive tapes for fixing and bonding is expected to have a positive impact on the adhesive tapes market.
• The electronics application segment is also expected to witness a notable CAGR of 9.1% over the forecast period on account of rising demand tapes in automotive electronics such as light assemblies, air conditioning system, electronic components, interior and exterior lights, battery connectors and wires, sensors, and several other electronic devices.

Based on the Adhesive Chemistry Insights, the market is segmented into Solvent-based Adhesives, Emulsion-based Adhesives, Hot Melt Adhesives and Radiation Adhesives.

• The solvent application segment led the market and accounted for a revenue share of about 44.4% in 2021.
• Superior adhesion properties by solvent materials and wide adoption by the automotive OEMs supported product penetration in automotive applications.
• Emulsion based adhesive tapes segment is also expected to witness the fastest CAGR of 8.8% over the forecast period on account of superior properties offered by the tapes such as chemical and heat resistance, performance profile at low cost.
• The rising concerns pertaining to VOC emissions are expected to play a major in driving the demand for emulsion based adhesive tapes.

Automotive Adhesive Tapes Regional Outlook

• North America
• Europe
• Asia Pacific
• Rest of World

Key Companies Profile & Market Share Insights

The automotive adhesive tapes market is dominated by global key players exhibiting long terms supply contracts with major automotive OEMs in the world. These players are employing efforts to expand their product offering through the launch of specialized tapes for each of the subsegment applications in the automotive.

Some prominent players in the Automotive Adhesive Tapes market include

• L&L Products, Inc.
• Sika Automotive AG
• The 3M Company
• Nitto Denko Corporation
• Lida Industry Co, Ltd.
• ThreeBond Co., Ltd.
• PPG Industries
• ABI Tape Products
• Adchem Corporation
• Avery Dennison Corporation
• Saint Gobain
• Berry Plastics
• tesa SE
• Lintec Corporation

Order a free sample PDF of the Automotive Adhesive Tapes Market Intelligence Study, published by Grand View Research.