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Single-use Biomanufacturing Industry | Forecast 2030

Single-use Biomanufacturing Industry Data Book – Single-Use Bioprocessing, Bioreactor, Assemblies & Filtration Assemblies Market

Grand View Research’s Single-use Biomanufacturing Industry data book is a collection of market sizing & forecasts insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, and macro-environmental analyses studies. Within the purview of the data book, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.

Single-Use Biomanufacturing Industry Data Book Coverage Snapshot

Markets Covered

• Single-Use Bioprocessing Market Size USD 19.36 billion in 2021, 16.6% CAGR (2022-2030)
• Single-use Assemblies Market Size USD 8.37 billion in 2021, 18.57% CAGR (2022-2030)
• Single-use Bioreactor Market Size USD 2.73 billion in 2021, 17.6% CAGR (2022-2030)
• Single-use Filtration Assemblies Market Size USD 2.43 billion in 2021, 18.7% CAGR (2022-2030)

Access the Global Single-use Biomanufacturing Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Single-use Bioprocessing Market Growth & Trends

The global single-use bioprocessing market size is projected to reach USD 80,129 million by 2030, registering a compound annual growth rate (CAGR) of 16.24% over the forecast period, according to a new report by Grand View Research, Inc. The demand for single-use bioprocessing offerings is driven by the commercial advantages offered, including a reduction in costs and time required for bioprocessing operations. Originally used for monoclonal antibody production, single-use technologies are also gaining traction for cell and gene therapy manufacturing. As a result, broadening the scope of applications in biomanufacturing operations is likely to drive industry growth.

Furthermore, strategic initiatives from key players are expanding the industry’s growth prospects. For instance, in July 2021, Cytiva and Pall Corp. announced investment plans for capacity expansion over two years. Among other key products, more than USD 300 million were invested in single-use technologies, such as bioreactor bags for cell expansion, used to make personalized therapies and syringe filters for scientific research. Similarly, the growing adoption of single-use equipment for in-house and contract manufacturing has opened new avenues for the flow of investments in this space. The industry is witnessing significant advancements in several product portfolios, including disposable probes and sensors, stirring systems, bioreactor designs, and filtration technologies, which are expected to contribute to strong revenue growth.

Order your copy of the Free Sample of “Single-use Biomanufacturing Industry Data Book – Single-Use Bioprocessing, Bioreactor, Assemblies & Filtration Assemblies Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030” Data Book, published by Grand View Research

Single-use Assemblies Market Growth & Trends

The global single-use assemblies market size is expected to reach USD 39.96 billion by 2030, registering a CAGR of 18.60% during the forecast period, according to a new report by Grand View Research, Inc. Life science companies are eager to avoid the cost and time of cleaning needed with stainless steel. The augmented expansion of the international biotech industries has offered a growth environment, in which novel, disposable technologies are becoming more significant. As pharmaceutical companies, distributors, CDMOs, and manufacturers converge around the benefits of single-use assemblies, the industry will grow at a faster pace during the forecast period. From therapies for rare diseases to cancer research, the impact of single-use technology in accelerating cutting-edge research into these conditions is set to grow, thereby propelling industry growth.

In addition, the growing biologics market will further offer lucrative opportunities during the study period. Eradicating the risk of contamination is the major challenge faced by biopharmaceutical manufacturers, which currently involves high-level monitoring of critical manufacturing solutions. Single-use assemblies support manufacturers in overcoming this difficulty by eliminating or reducing the necessity for sterilization between the batches, thereby filtering the operational capability. SUTs are considered one of the important areas of growth among biomanufacturing companies, as several biopharmaceutical companies are venturing into disposable assembly offerings for the production of all sorts of biopharmaceuticals.

Go through the table of content of Single-use Biomanufacturing Industry Data Book to get a better understanding of the Coverage & Scope of the study

Single-use Filtration Assemblies Market Growth & Trends

The global single-use filtration assemblies market size is expected to reach USD 11.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.70% from 2023 to 2030. The increasing demand for biopharmaceutical products, rising research and development activities, and the need for cost-effective filtration systems are the major drivers of the market. The biopharmaceutical industry is growing rapidly, with an increasing number of companies investing in R&D to bring new drugs and therapies to market. Biopharmaceutical products are sensitive to contaminants, which can affect their efficacy and safety.

Therefore, biopharmaceutical companies require high-quality filtration systems that can remove impurities and contaminants from their products. Single-use filtration assemblies offer several advantages over traditional filtration systems, such as reduced contamination risk, lower capital costs, and increased flexibility. As a result, the adoption of single-use filtration assemblies is increasing in the biopharmaceutical industry, which is expected to boost the industry growth during the forecast period.

Competitive Landscape

Competitive rivalry in the single-use bioprocessing market is high due to the presence of a substantial number of both well-established companies and small- to mid-sized companies as well as CROs in the industry. Some of the major players are Thermo Fisher Scientific, Inc.; Sartorius AG; Corning, Inc.; Eppendorf AG; PBS Biotech, Inc.; Avantor, Inc.; Entegris, Inc.; Kuhner AG; MEISSNER FILTRATION PRODUCTS, INC.; Danaher Corporation; and Merck KGaA. Some of the biopharmaceutical contract manufacturing companies operating in the marketplace include Boehringer Ingelheim; Lonza; AGC Biologics (CMC Biologics); and Rentschler Biotechnologie GmbH. These players are manufacturing and commercializing products to cater to the various requirements in the industry. To maintain a significant share of the market, key participants are implementing business strategies, such as broadening their product portfolio, reinforcing and stabilizing the distribution network, and increasing manufacturing capacity globally through collaborations, partnerships, and acquisition models.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Breast Pump and Breastfeeding Accessories Industry | Forecast 2030

Breast Pump And Breastfeeding Accessories Industry Data Book – Breast Pump, Wearable Breast Pump & Breastfeeding Accessories Market

Grand View Research’s breast pump & breastfeeding accessories industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. The following data points will be included in the final product offering in 3 reports and one sector report overview:

Breast Pump And Breastfeeding Accessories Industry Data Book Coverage Snapshot

Markets Covered

• Breast Pump And Breastfeeding Accessories Industry USD 4.06 billion in 2021, 7.8% CAGR (2022-2030)
• Breast Pump Market Size USD 1.84 billion in 2021, 8.3% CAGR (2022-2030)
• Wearable Breast Pumps Market Size USD 350 million in 2021, 8.2% CAGR (2022-2030)
• Breastfeeding Accessories Market Size USD 2.2 billion in 2021, 6.4% CAGR (2022-2030)

Access the Global Breast Pump and Breastfeeding Accessories Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Breast Pump Market Growth & Trends

The global breast pump market is expected to reach USD 5.2 billion by 2030, expanding at a CAGR of 8.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Improving healthcare infrastructure in emerging economies, increasing global women’s employment rates and the presence of favorable demographics are the key driving factors for the breast pump market.

Moreover, the market has seen significant growth over the last few decades, owing to increasing product launches by key players, and rising R&D activities. For instance, in March 2021, the Philips Avent Double Electric Breast Pump, Advanced is the top brand of mothers and children care goods recommended by pregnant women and mothers in the U. S. It features Natural Action technology, a powerful combination of suction and nipple stimulation that simulates the distinctive wave-like tongue motion that occurs when the baby sucks. This technology initiates the milk flow faster than previous models, enabling moms to express their milk more effectively.

Order your copy of the Free Sample of “Breast Pump And Breastfeeding Accessories Industry Data Book – Breast Pump, Wearable Breast Pump & Breastfeeding Accessories Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030” Data Book, published by Grand View Research

Wearable Breast Pumps Market Growth & Trends

The global wearable breast pumps market size is expected to reach USD 975.47 million by 2030, registering a CAGR of 8.38% over the forecast period, according to a new report by Grand View Research, Inc. Favorable reimbursement policies, and increasing patient disposable income are further anticipated to propel the demand for wearable breast pumps.

The decreasing infant mortality rate is supplementing the growth of the market. For instance, according to Knoema, the infant mortality rate in Japan fell from 13.4 deaths per 1,000 births in 1970, to 1.80 deaths in 2019. Similarly, as per Statistics Canada, the infant death rate has fallen from 4.8 per 1,000 in 2018 to 4.5 in 2020 in Canada. Such instances are expected to increase the demand for wearable breast pumps, thereby, propelling the market growth over the forecast period.

Increase in women’s employment rate is expected to be a high impact rendering driver of the market. For instance, as per International Labor Organization, the female working population in Australia has touched 60%. Similarly, as per the similar source, the female employment rate in high income countries is estimated to be 53%, whereas, the same in low income and upper middle-income countries is calculated to be 56% and 55% respectively. Working women have a relatively high disposable income, as a result can help the market impel.

Go through the table of content of Breast Pump and Breastfeeding Accessories Industry Data Book to get a better understanding of the Coverage & Scope of the study

Breastfeeding Accessories Market Growth & Trends

The global breastfeeding accessories market size is expected to reach USD 3.89 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.47% from 2023 to 2030. An increasing women’s employment rate is expected to surge the demand for breastfeeding accessories, thereby propelling the market growth. For instance, according to the data from the World Bank and the International Labor Organization, 55% of women in the U.S. are employed, whereas this number increases in the U.K. with 59% women employability. Working women are more likely to purchase breastfeeding accessories, thus, with a surge in the women’s employment rate, the market is expected to grow over the forecast period.

Moreover, there has been a rise in the global birth rate. For instance, as per the latest report by the International Institute of Sustainable Development (IISD), the global fertility rate has touched 2.3 births per woman, which is well above the replacement rate. Similarly, there has been an increase in the number of milk banks across the globe. For instance, as per the European Milk Bank Association, there are 280 active milk banks in Europe. Likewise, according to the International Breastfeeding Journal, there were 80 milk banks in India as of 2020. Thus, with the establishment of milk banks globally, the market is anticipated to witness growth during the forecast period.

Competitive Landscape

Various market players, such as Medela LLC, Laura & Co., Newell Brands, and Ameda, & universities, including Washington University & Fudan University, are raising awareness among women about breastfeeding accessories and their benefits by arranging campaigns and providing informative magazines. In addition, social media platforms, such as YouTube, Facebook, and Instagram, have enabled individuals to access information about breast pumps and related accessories.

The market players are focused on research and development activities to develop technologically advanced products to gain a competitive edge. For instance, in September 2020, Willow raised funding of around USD 55 million in its Series C funding round from the investors NEA, Meritech Capital Partners, and others for the development of innovative wearable breast pumps. In addition, strategies such as marketing and promotions are widely used by companies operating in this market to increase awareness about the benefits of breastfeeding, educate, encourage and support nursing mothers, and also to increase the availability and outreach of their component offerings.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

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Electric Mobility Industry | Forecast 2030

Electric Mobility Industry Data Book – Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Market

Grand View Research’s electric mobility industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. Surge in the adoption of EVs, especially e-scooters among the youth, light commercial vehicles for rapid transportation with reduced carbon footprints and increasing purchasing capacity across the globe are expected to significantly increase the demand for E- mobility, thereby supporting the market growth.

Electric Mobility Industry Data Book Coverage Snapshot

Markets Covered

·        Electric Mobility Industry USD 101.67 billion in 2022, 19.9% CAGR (2023-2030)

·        Electric Two-Wheeler Market Size USD 91.07 billion in 2022, 13.0% CAGR (2023-2030)

·        Electric Three-Wheeler Market Size USD 1.28 billion in 2022, 7.7% CAGR (2023-2030)

·        Electric Light Commercial Vehicles Market Size USD 9.30 billion in 2022, 39.0% CAGR (2023-2030)

Access the Global Electric Mobility Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

Electric Three Wheeler Market Growth & Trends

The global electric three wheeler market size is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth of electric three wheelers is attributed to factors such as the increasing inclination towards electric vehicles as a sustainable, and efficient alternative for public commuting. The increasing carbon emission level in the environment by fossil fuel-powered conventional vehicles has become a significant concern for governmental and environmental organizations. This has resulted in electric three-wheeler vehicles being perceived as a solution to reduce carbon emissions caused by conventional three wheelers. In addition to this, increasing traffic congestion and rising fuel prices across regions have further propelled the market of electric three wheelers as passenger carriers.

 

Order your copy of the Free Sample of “Electric Mobility Industry Data Book – Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

 

 

Electric Three Wheeler Market Growth & Trends

The global electric three wheeler market size is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth of electric three wheelers is attributed to factors such as the increasing inclination towards electric vehicles as a sustainable, and efficient alternative for public commuting. The increasing carbon emission level in the environment by fossil fuel-powered conventional vehicles has become a significant concern for governmental and environmental organizations. This has resulted in electric three-wheeler vehicles being perceived as a solution to reduce carbon emissions caused by conventional three wheelers. In addition to this, increasing traffic congestion and rising fuel prices across regions have further propelled the market of electric three wheelers as passenger carriers.

 

Go through the table of content of Electric Mobility Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

 

Electric Motorcycle Market Growth & Trends

The global electric motorcycle market size is anticipated to be valued at USD 121.07 billion by 2030 and is expected growth by CAGR 19.0% over the forecast period, according to a new study by Grand View Research Inc. The electric motorcycle industry is expected to expand due to the growing consensus regarding the increasing concentration of greenhouse gases in the environment. The government introduced favorable tax and purchasing subsidies in economies such as Asia Pacific, North America, and Europe is also supporting the market growth. Furthermore, the development of battery technology, including electric motorcycles in delivery fleets and mobility as a service, is further acting as an opportunity for the uptake of electric motorcycles. However, due to the underdeveloped charging infrastructure, range anxiety among the end-users, and the high vehicle cost are among the challenges the market faces over the forecast period.

 

Competitive Landscape

The key market players in the E- mobility market, such as AIMA Technology Group Co. Ltd., Bird Rides Inc., Hero Electric, Lime, Jiangsu Xinri E-Vehicle Co. Ltd., Motovolt, Okinawa Autotech Internationall Private Limited, Rad Power Bikes Inc., Yadea Technology Group Co. Ltd., Yamaha Motor Co. Ltd., and Zero Motorcycles, Inc. are continuously pursuing various initiatives such as strategic partnerships, mergers and acquisitions, and new product launches. These vendors hold expertise in the industry and have strategic footprints spread across various parts of the world. Hence, these companies have been able to successfully defend their position in the market.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

 

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

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Flavors & Fragrances Industry | Forecast 2030

Flavors & Fragrances Industry Data Book – Natural Flavors & Fragrances and Aroma Chemicals Market

Grand View Research’s flavors & fragrances industry databook is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Flavors & Fragrances Industry Data Book Coverage Snapshot

Markets Covered

• Flavors & Fragrances Industry USD 23.35 billion in 2021, 4.3% CAGR (2022- 2030)
• Natural Flavors & Fragrances Market Size USD 8,510.4 million in 2022, 4.6% CAGR (2023- 2030)
• Aroma Chemicals Market Size USD 15,639.1 million in 2022, 3.3% CAGR (2023- 2030)

Access the Global Flavors & Fragrances Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Natural Flavors And Fragrances Market Growth & Trends

The global natural flavors and fragrances market size is expected to reach USD 15.83 billion by 2030, registering a CAGR of 6.3% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing awareness about the adverse effects caused by artificial as well as synthetic products used in the cosmetics and food & beverages industry. In addition, the availability of natural products as an alternative is propelling the market growth. Natural flavors & fragrances are now widely accepted by industries like food & beverage, cosmetic & personal care, and pharmaceuticals. The growing population has been increasing the consumption of food & beverages, cosmetic & personal care products, and pharmaceuticals and is likely to further escalate the consumption in the near future. The global industry is anticipated to grow at a steady CAGR over the forecast period due to the presence of major players that are utilizing natural flavors & fragrances in their products.

Order your copy of the Free Sample of “Flavors & Fragrances Industry Data Book – Natural Flavors & Fragrances and Aroma Chemicals Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Aroma Chemicals Market Growth & Trends

The global aroma chemicals market size is expected to reach USD 7.72 billion by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.1% from 2022 to 2030. The growth is majorly driven by natural aroma chemicals in developed economies of North America and Europe. The aromatherapy industry has grown tremendously owing to the high diversity in consumer preferences for natural aromatic products such as essential oils, fragrances, and others for the treatment of several diseases. Changing lifestyles and its consequences such as depression and stress have resulted in a growing demand for aromatherapy directly fueling the growth in demand for aroma chemicals.

The terpenes & terpenoids segment emerged as the largest chemical segment in 2021 owing to its increasing demand from the rubber as well as paints & coatings industry. Aroma chemicals are getting essential for the formulation of additives for health & personal care, food & beverage products, thus forming a stable market. Further, regarding the evolving consumer demands and overall industry scenario, the manufacturers are inclined towards formulating natural aroma chemicals offering flavors close to synthetic flavoring agents to gain a competitive edge in the industry.

Go through the table of content of Flavors & Fragrances Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Insights

Though the COVID 19 pandemic led multiple chemical manufacturers to witness a decline in sale of their products, The flavors & fragrance sector was less affected by the same. The major players in the business, namely, Givaudan and Symrise, witnessed an increase in sales while the International Flavors & Fragrances saw a slight decline in the revenue.

The sales for Givaudan rose by 4% to reach USD 3.5 billion in the first half of 2020. The sales for consumer products from its fragrance division increased by 11.8% during the same time period on account of COVID 19 related bulk buying of household goods. On the contrary, the sales for its fine fragrances division dropped by 16.4% due to close down of the retail channels.

Symrise witnessed an increase of 3.4% in its sales during the first half of 2020 and 4.6% in the second quarter. The sales of its fragrance products for consumer and oral care products were strong during the period, while sales of its sun protection products witnessed a decline due to drop in tourism. The sales of its flavor business were stable during the year on account of rise in the trend of cooking at home.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

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Asset Management Software Industry | Forecast 2030

Asset Management Software Industry Data Book – Asset Performance Management, Enterprise Asset Management, Infrastructure Asset Management Market

Grand View Research’s asset management software industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Asset Management Software Industry Data Book Coverage Snapshot

Markets Covered
Asset Management Software Industry USD 56.76 billion in 2022 11.1% CAGR (2023-2030)
Asset Performance Management Market Size USD 19.32 billion in 2022 12.0% CAGR (2023 to 2030)	Enterprise Asset Management Market Size USD 5.74 Billion in 2022 16.9% CAGR (2023 to 2030)	Infrastructure Asset Management Market Size USD 31.70 Billion in 2022 9.2% CAGR (2023 to 2030)

Access the Global Asset Management Software Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Asset Performance Management Market Growth & Trends

The global asset performance management market size is expected to reach USD 47.18 billion by 2030, registering a CAGR of 12.0% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The Asset Performance Management market has evolved during time in response to technological advancements and the changing needs of the incumbents in many end-use industries and sectors, particularly small and medium businesses.

The market for asset performance management is predicted to increase due to the growing usage of APM solutions to achieve operational excellence. Companies are becoming more capable of maximizing the use and upkeep of their operational assets, such as plants, equipment, and infrastructure. Heavy machinery, heavy equipment, turbine engines, power transformers, and other possessions are among the assets that firms adopting APM systems regularly monitor.

The market witnessed significant growth during the COVID-19 outbreak.  Growth in the adoption of the work-from-home model by organizations created the need for secure, scalable, reliable, and cost-effective off-premises and virtual technology services. Organizations from all sectors invested considerably in cloud computing solutions to facilitate their operations and engage clients and employees effortlessly. Thus, asset performance management provided several growth opportunities to marketers during the pandemic.

Order your copy of the Free Sample of “Asset Management Software Industry Data Book – Asset Performance Management, Enterprise Asset Management, Infrastructure Asset Management Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Enterprise Asset Management Market Growth & Trends

The global enterprise asset management market size is estimated to reach USD 19.68 billion by 2030, according to a new study by Grand View Research, Inc., expanding at a CAGR of 16.7% from 2022 to 2030. Several companies use enterprise asset management (EAM) systems to improve work productivity, streamline processes, increase company agility, and manage facilities. Cloud-based EAM solutions and services optimize critical enterprise assets and gather business intelligence for decision-making. Furthermore, these solutions allow businesses to reduce their overhead costs. Technical support and services, such as managed services with integrated debugging and performance monitoring tools, are better with cloud-based EAM systems. EAM solutions will continue to rise as more businesses invest in their IT infrastructure.

Organizations are discovering new ways to improve consumer interactions due to digitization in several industries. Many asset-intensive firms focus on investing in innovative and groundbreaking technology to restructure and improve their operational processes drastically. Asset–intensive organizations prosper or fail in today’s highly competitive business environment based on how they handle complications in the face of growing competition. The next big thing in industrial services would be to accurately foresee the future of physical assets; therefore, many enterprises comprise emerging technologies such as digital twins, AR, AI, IoT, predictive maintenance, and telematics. Moreover, EAM solutions have a far more significant impact than simply increasing profits, and organizations are quickly adopting current EAM solutions to boost asset longevity.

Go through the table of content of Asset Management Software Industry Data Book to get a better understanding of the Coverage & Scope of the study

Infrastructure Asset Management Market Growth & Trends

The global infrastructure asset management market size is expected to reach at USD 41.04 billion by 2025, registering a CAGR of 8.9% from 2019 to 2025, according to a new report by Grand View Research, Inc. Technological advancements such as Internet of Things (IoT) and automation for infrastructure have resulted in application of analytical and business intelligence tools for infrastructure management solutions.

Government agencies across the globe are emphasizing more on infrastructure management solutions by replacing traditional methods with technologies that use internet services such as GPS and cloud computing. Moreover, growing awareness pertaining to the benefits of IoT-based asset management solutions are further expected to drive the infrastructure asset management market growth.

Investments for road infrastructure management is expected to increase owing to the deployment of various smart city projects such as traffic management and parking management, among others in the upcoming years. Rapid adoption of technologically advanced systems in road infrastructure such as license plate recognition systems, traffic signal systems, and smart parking systems are further expected to drive the infrastructure asset management (IAM) market. Moreover, investments for energy sector grew significantly since 2016 due to the growing initiatives by governments for development of renewable energy generation projects, thus encouraging sustainable development.

Competitive Landscape

The market is competitive with the presence of major players AVEVA Group plc, Aspen Technology, Inc., ABB Ltd, Aptean, Pitney Bowes Inc., CGI, Inc., IFS AB, WSP Global Inc., RPS Group Plc., Brookfield Asset Management Inc. among others. The companies are adopting several growth strategies, such as partnerships, mergers & acquisitions, and product launches, to stay afloat in the competitive industry. For instance, in July 2022, Pitney Bowes Inc. expanded its designed delivery services to the Canadian market. The tailored services would enable Canadian retailers to optimize customer order experience. The services facilitate sortation facilities in populated coastal areas to offer transit times across Canada, leveraging various delivery provider partnerships to improve performance and cost with a single invoice and customized tracking application with no additional charge. By combining proprietary market and consumer insights with advanced modelling technology, Pitney Bowes provided its clients with the Designed Delivery service that customized the solution based on each shipper’s need.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

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Patient Monitoring Devices Industry | Forecast 2030

Patient Monitoring Devices Industry Data Book – Remote Patient Monitoring, Vital Sign Monitoring Devices, Blood Pressure Monitoring Devices and Multiparameter Patient Monitoring System Market

The patient monitoring devices industry databook compiled by Grand View Research is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Markets Covered
Patient Monitoring Devices Industry USD 29.1 billion in 2022 10.0% CAGR (2023-2030)
Remote Patient Monitoring Devices Market Size USD 4.4 billion in 2022 18.5% CAGR (2023-2030)	Vital Sign Monitoring Devices Market Size USD 9.2 billion in 2022 9.4% CAGR (2023-2030)
Blood Pressure Monitoring Devices Market Size USD 3.8 billion in 2022 9.6% CAGR (2023-2030)	Multiparameter Patient Monitoring System Market Size USD 11.5 billion in 2022 5.7% CAGR (2023-2030)

Patient Monitoring Devices Industry Data Book Coverage Snapshot

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Remote Patient Monitoring System Market Growth & Trends

The global remote patient monitoring system market size is expected to reach USD 16.9 billion by 2030, according to a new report by Grand View Research Inc. It is projected to register a CAGR of 18.5% from 2023 to 2030. The COVID-19 pandemic has had a significant impact on the remote patient monitoring system. The main drivers for this market are the increasing geriatric population, cost-effective treatment, and the rising prevalence of chronic conditions. The breakout of COVID-19 has propelled the demand for remote patient monitoring devices and services as healthcare facilities were burdened with COVID-19-infected patients. Key players like Smiths Medical reported that the demand for their home monitoring devices substantially increased during the pandemic.

Order your copy of the Free Sample of “Patient Monitoring Devices Industry Data Book – Remote Patient Monitoring, Vital Sign Monitoring Devices, Blood Pressure Monitoring Devices and Multiparameter Patient Monitoring System Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Multiparameter Patient Monitoring System Market Growth & Trends

The global multiparameter patient monitoring system market size is expected to reach USD 18.03 billion by 2030, registering a CAGR of 5.7% according to a new report by Grand View Research, Inc. Increasing health concerns and the resultant requirement to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems.

The market growth is also supported by the increasing need for hospital transport, such as intra-hospital or out-of-the-hospital transport. For special examination & therapy, hospitals need intra-hospital transport, which calls for more continuous monitoring of vital signs including blood pressure, blood oxygen saturation by pulse oximetry, heart rate, and electrocardiography.

Go through the table of content of Patient Monitoring Devices Industry Data Book to get a better understanding of the Coverage & Scope of the study

Blood Pressure Monitoring Devices Market Growth & Trends

The global blood pressure monitoring devices market size is expected to reach USD 7.96 billion by 2030, registering a CAGR of 9.4%, according to a new report by Grand View Research, Inc. The growing global geriatric population base is expected to widen the consumer base by triggering incidence rates of hypertension, which is expected to drive the demand for blood pressure monitoring devices. The increasing incidences of hypertension have led to rising demand for cost-effective, rapid, and accurate diagnostic solutions. Blood pressure monitors are one of the vital sign monitors of life. The cost-effective and accurate results offered by these indicators are responsible for the rapid expansion of business scale.

Vital Signs Monitoring Devices Market Growth & Trends

The global vital signs monitoring devices market size is expected to reach USD 18.8 billion by 2030, registering a CAGR of 8.5% according to a new report by Grand View Research, Inc. 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.

Competitive Landscape

The industry growth is directly associated with the rising investments by manufacturers in the development of cost-effective, innovative products, and the rising prevalence of chronic diseases. The industry is marked by the presence of various industry players. The market is highly fragmented and competitive in nature. Companies are focusing on strategic initiatives, such as the introduction of novel products through customization according to consumers’ needs, partnerships, collaborations, and mergers & acquisitions, to expand their product portfolio and extend leadership positions in the field of patient monitoring. In February 2021, Hill-Rom announced that it acquired contact-free continuous monitoring technology from EarlySense for USD 30 million. This acquisition can help the company develop next-generation AI-based sensing technologies, specifically for the remote patient care market.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.

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Magnetic Resonance Imaging Scanners and Accessories Industry | Forecast 2030

Magnetic Resonance Imaging Scanners and Accessories Industry Data Book – Magnetic Resonance Imaging, MRI Coils & Motion Tracking Systems Market

Grand View Research’s Magnetic Resonance Imaging scanners and accessories industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Markets Covered
Magnetic Resonance Imaging Scanners and Accessories Industry USD 13.25 billion in 2022 8.2% CAGR (2023-2030)
Magnetic Resonance Imaging Market Size USD 5.26 billion in 2022 7.1% CAGR (2023-2030)	MRI Coils Market Size USD 7.99 billion in 2022 8.9% CAGR (2023-2030)	MRI Motion Tracking Systems Market Size USD 2.76 million in 2022 20.8% CAGR (2023-2030)

MRI Scanner and Accessories Industry Data Book Coverage Snapshot 

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Magnetic Resonance Imaging Market Growth & Trends

The global magnetic resonance imaging market size is expected to reach USD 9.1 billion by 2030, registering a CAGR of 6.8% from 2023 to 2030, according to a new report by Grand View Research, Inc.  The growing prevalence of chronic diseases and increasing demand for early diagnostic techniques are the factors expected to drive the market growth.

In addition, the growing adoption of less invasive procedures is also contributing to the growth of the market. Moreover, the growing number of clinical trials to understand the effectiveness and efficiency of MRI machines in various clinical applications is also expected to boost the market growth. End-users such as research institutes and universities are frequently studying the efficiency of MRI devices with high field strength such as 7T, 10T, and 10.5T.

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Magnetic Resonance Imaging Coils Market Growth & Trends

The global magnetic resonance imaging coils market size is expected to reach USD 15.79 billion by 2030, expanding at 8.7% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. According to the WHO, neurological disorders are responsible for more than 10% of the worldwide burden of disease, with stroke and dementia being the most common causes of disability and death. This is driving the scope of magnetic resonance imaging (MRI) coils globally. In addition, technological advancements are also playing a key role in growth worldwide.

COVID-19 had a significant impact on the industry. The major impact of the pandemic on the imaging diagnostics sector was the disruption of the global supply chain. The manufacturing of MRI coils is a complex process that involves the use of specialized materials and equipment. The pandemic caused disruptions in the availability of these materials and appliances, leading to delays in the production and distribution of magnetic resonance imaging (MRI) coils.

Go through the table of content of Magnetic Resonance Imaging Scanners and Accessories Industry Data Book to get a better understanding of the Coverage & Scope of the study

MRI Motion Tracking Systems Market Growth & Trends

The global MRI motion tracking systems market size is expected to reach USD 12.48 million by 2030 registering a CAGR of 20.7% according to a new report by Grand View Research, Inc. The increased need by radiologists to capture sharp and clear images with reduced artifacts minimized errors, and reduced need for multiple MRI scans, are factors influencing the growth of the industry.

During MRI scans, especially brain scans, the patient’s head must remain still, which often causes discomfort to the patients, resulting in unclear and blurred images. This ultimately prevents the radiologists from effectively analyzing MRI images and forces them to conduct multiple scans. Unnecessary scans cause a great economic burden on the hospital, radiologist, and insurer. Hence, it calls for systems such as motion tracking that saves analysis time, ensure patient comfort, and improve diagnostic capabilities.

Competitive Landscape

The high price is one of the most impeding factors for the sales of these systems. The major players are focusing on minimizing the prices for medium-strength MRI systems using various methods. Technological advancements in manufacturing and the high influx of these systems in the market is expected to bring the prices down in the upcoming years.

Some of the recent strategies by major players include:

• In February 2022, Siemens Healthineers entered into an agreement with Universal Medical Imaging to promote 5G remote imaging diagnosis in China. This agreement is aimed at building a primary medical ecosystem for 5G remote diagnosis.
• In May 2022, Philips received FDA 510(k) clearance for its new MR 7700 3.0T MR system. In both research and advanced clinical diagnostics, this system is anticipated to offer unequalled performance and precision.
• In January 2022, the company & the University Hospital Brandenburg a der Havel signed a 10-year partnership deal of USD 18.75 million for advanced patient care. Under the terms of this agreement, the company will renew and expand the hospital’s diagnostic options through the delivery of advanced technology solutions.
• In April 2022, GE Healthcare entered into a partnership with Unilabs, a leading European diagnostic services provider, to provide advanced imaging equipment and digital technology in Portugal. The agreement covers, MRI, CT, ultrasound devices, mammography, and X-ray machines.
• In August 2022, GE Healthcare collaborated with Boston Scientific-a global medical device manufacturer-to provide end-to-end innovative interventional cardiac care solutions in India.
• In April 2021, the company received FDA clearance for its markerless motion tracking system, Tracoline, which is compatible with the scanner of Siemens, GE, and Philips.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.

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Customer Relationship Management Industry | Forecast 2030

Customer Relationship Management Industry Data Book – Customer Experience Management, Customer Self-service Software, Digital Experience Platform, Sales force Automation Software, Sales Training Software, Marketing Automation Market

Grand View Research’s customer relationship management industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Markets Covered
Customer Relationship Management Industry USD 51.43 billion in 2022 16.9% CAGR (2023-2030)
Customer Experience Management Market Size USD 10.65 billion in 2022 15.4% CAGR (2023-2030)	Customer Self-service Software Market Size USD 11.92 billion in 2022 23.5% CAGR (2023-2030)	Digital Experience Platform Market Size USD 11.17 billion in 2022 13.7% CAGR (2023-2030)
Sales force Automation Software Market Size USD 9.82 billion in 2022 14.6% CAGR (2023-2030)	Sales Training Software Market Size USD 2.14 billion in 2022 14.3% CAGR (2023-2030)	Marketing Automation Market Size USD 5.72 billion in 2022 13.2% CAGR (2023-2030)

Customer Relationship Management Industry Data Book Coverage Snapshot

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Customer Experience Management Market Growth & Trends

The global customer experience management market size is expected to reach USD 32.87 billion by 2030 and expand at a significant CAGR of 15.4% from 2023 to 2030 according to the new report by Grand View Research. Customer experience management solutions are gaining widespread popularity in diverse industries. As businesses become more customer-centric, the customer experience management (CEM) market is expected to witness rapid growth in the forecast period. Ongoing trends such as hyper-personalization of customer service, the use of AI and automation, and various customer value models are the key attributes propelling the growth of the segment. Moreover, implementing robust social media customer service can help reduce costs, increase response times, improve customer satisfaction, and increase the adoption of customer experience management platforms across industries.

Customer Self-service Software Market Growth & Trends

The global customer self-service software market size is expected to reach USD 32.19 billion by 2027, according to a new study by Grand View Research, Inc. It is anticipated to register a compound annual growth rate (CAGR) of 22.1% from 2020 to 2027. Efforts to enhance the level of customer satisfaction and encourage customer loyalty are anticipated to propel the market growth over the forecast period. The continued rollout of a large number of customer service touchpoints is also expected to contribute to market growth.

Enterprises have realized that understanding the changing consumer behavior can help them in enhancing their offerings. At the same time, both small and medium-sized enterprises and large enterprises have started adopting automated customer self-service software. This is opening opportunities for the market players to introduce innovative customer self-service software solutions integrated with the latest technologies, such as big data and Artificial Intelligence (AI).

Order your copy of the Free Sample of “Customer Relationship Management Industry Data Book – Customer Experience Management, Customer Self-service Software, Digital Experience Platform, Sales force Automation Software, Sales Training Software, Marketing Automation Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Digital Experience Platform Market Growth & Trends

The global digital experience platform market size is estimated to reach USD 30.41 billion by 2030, growing at a CAGR of 11.9% over the forecast period, according to a new report by Grand View Research, Inc. Incumbents of several industries and verticals have started using a customer-centric approach to deal with real-time customer data. Digital experience platforms (DXP) can help these industries in achieving a holistic view of activities, customer interactions, and data across multiple applications and touchpoints.

Digital experiences offered by the companies also contain the potential to enhance customer engagement and increase operational productivity in the long run. As these, enterprises prioritize various components of digital experience to attract tech-savvy and self-educating customers. These factors would further supplement the growth of the digital experience platform industry.

Sales Force Automation Software Market Growth & Trends

The global sales force automation software market size is expected to reach USD 13.82 billion by 2027, expanding at a CAGR of 8.3% from 2020 to 2027, according to a new study conducted by Grand View Research, Inc. Rising adoption of cloud technologies for sales force automation (SFA) and demand for sales forecasting applications are the primary drivers for the market growth. There is an increasing demand for streamlining the sales process and efficient use of workforce to stay competitive in the market. Moreover, the increasing complexity in sales management, especially in retail and telecommunication business are driving the need for automation, boosting the market growth.

Go through the table of content of Customer Relationship Management Industry Data Book to get a better understanding of the Coverage & Scope of the study

Sales Training Software Market Growth & Trends

The global sales training software market size is anticipated to reach USD 6.11 billion by 2030, registering a CAGR of 14.0% from 2022 to 2030, according to a new report by Grand View Research, Inc. The industry growth can be attributed to the paradigm shift in the focus of the incumbents of various end-use industries to reduce the time employees spend on repetitive tasks and devote the time saved to other customer engagement and relationship management activities. The sales training software can particularly help end-use enterprises in improving employee productivity, boosting product sales, and utilizing resources efficiently. Benefits associated with the adoption of such software include easy sales content creation and streamlined sales enablement.

Marketing Automation Market Growth & Trends

The global marketing automation market size is expected to reach USD 8.42 billion by 2027, expanding at a CAGR of 9.8% from 2020 to 2027, according to a new study conducted by Grand View Research, Inc. Owing to the rising significance of automation solutions in marketing and sales to increase revenue and average deal size, target customers across multiple channels, and retain customers, the market will witness healthy growth. Moreover, the marketing automation solutions help automate repetitive, monotonous tasks such as emails, social media, and other website functions. Technological advancements, such as Artificial Intelligence (AI) and data science, the use of analytics in marketing and sales is also likely to boost the growth prospects of the market over the forecast period.

Competitive Landscape

The market is competitive with the presence of major Adobe Inc., IBM Corporation, Salesforce.com, Inc., Sitecore among others. These companies maintain an exhaustive product portfolio and are employed to maintain a competitive edge in the market, their product offerings, the applications segment they served, the sophistication of their technology, their strategy to differentiate their products, and their industry impact. The key strategies include strategic collaborations, partnerships, and agreements; new product development; capability expansion; mergers & acquisitions; and research & development initiatives. For instance, in January 2022, Salesforce.com, Inc. announced a partnership with PayPal, a multinational financial technology company offering seamless online payment solutions. The partnership allowed e-commerce brands who are using Salesforce easy click-based configurations that reduced check-out friction and drove the sales.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Material Handling Robots Industry | Forecast 2030

Material Handling Robots Industry Data Book – Automated Guided Vehicles, Autonomous Mobile Robot, Collaborative Robots Market

The global AGV, AMR, and cobots markets combine to account for USD 7.34 billion in revenue in 2021, which is expected to reach USD 31.07 billion by 2030, growing at a cumulative rate of 17.4% over the forecast period. The combination bundle is designed to provide a holistic view of these highly dynamic market spaces.

Markets Covered
Material Handling Robots Industry USD 7.34 billion in 2021 17.4% CAGR (2022 – 2030)
Automated Guided Vehicles (AGV) Market Size USD 3.81 billion in 2021 10.2% CAGR (2022 – 2030)	Autonomous Mobile Robot (AMR) Market Size USD 2.52 billion in 2021 16.8% CAGR (2022 – 2030)
Collaborative Robots (cobots) Market Size USD 1.01 billion in 2021 31.5% CAGR (2022 – 2030)

Material Handling Robots Industry Data Book Coverage Snapshot

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Automated Guided Vehicle Market Growth & Trends

The global automated guided vehicle market size is anticipated to reach USD 9.18 billion by 2030, registering a CAGR of 9.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Automated guided vehicles (AGVs) have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, these vehicles ensure a predictable and reliable transfer of raw materials and manufactured products from one point to another within the facility, thereby eliminating any potential disruption in production.

These vehicles can operate safely around structures, machinery, and employees, as they are equipped with accessories, such as camera vision and LiDAR sensors, which help detect junctions, identify floor signs, and avoid collisions with any obstacle. For instance, in November 2021, Quanergy Systems, Inc., a U.S.-based company that offers an AI-powered LiDAR platform, launched the new M1 Edge 2D LiDAR sensors for automation. The newly launched LiDAR sensor is light in weight, broad 360°, with a sensing capability of up to 200 meters used in mobile robotics, AGVs, warehouse logistics applications, and port automation.

Order your copy of the Free Sample of “Material Handling Robots Industry Data Book – Automated Guided Vehicles, Autonomous Mobile Robot, Collaborative Robots Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Autonomous Mobile Robots Market Growth & Trends

The global autonomous mobile robots market size is expected to reach USD 9.56 billion by 2030 and is expected to expand at a CAGR of 15.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Autonomous mobile robots (AMRs) have triggered a paradigm shift in the way tasks, such as material picking, handling, and sorting, that are commonly associated with manufacturing and distribution are performed. These robots can ensure the reliable handling of raw materials and manufactured items within distribution and production facilities, thereby eliminating disruptions in operations.

These robots are typically equipped with different sensors, such as LiDAR sensors, to navigate equipment and worker safety. For instance, in May 2022, Qualcomm introduced the Robotics RB6 platform, a high-end hardware development kit that can serve as the brains for commercial drones, autonomous robots, and delivery robots. It also unveiled a brand-new RB5 reference design, based on the RB5 platform used in millions of systems, that includes all the hardware and sensors needed to develop AMRs.

Go through the table of content of Material Handling Robots Industry Data Book to get a better understanding of the Coverage & Scope of the study

Collaborative Robots Market Growth & Trends

The global collaborative robots market size is anticipated to reach USD 11.04 billion by 2030, exhibiting a CAGR of 32.0% over the forecast period, according to a new report published by Grand View Research, Inc. The growth can be credited to the growing inclination of industries toward collaborative robots or cobots to automate manufacturing processes.

Over the past few years, the growing interest in robot technology across various industries has positively impacted the collaborative robots industry. Unlike conventional industrial robots, cobots are developed to operate at par with their human counterparts. They are mobile and can be easily moved from one area of a manufacturing facility to another. Moreover, they can be programmed with ease, are more cost-effective than their fixed counterparts, and can be used in a wide range of low-speed, repetitive applications.

The increasing need for highly efficient and user-friendly robots that do not require highly skilled experts for deployment and functioning has created a significant demand for software platforms. These platforms allow the integration of robots, motion control, and the generation of an interface that enables the programming of such robots. For instance, Mitsubishi Electric Corporation has launched a cobot named MELFA ASSISTA equipped with RT VisualBox, the company’s engineering software. This software allows the intuitive creation of operating sequences by connecting block diagrams in a chain of events, including linking with other devices, such as cameras and the hands of the robot.

Competitive Insights

The key market players in the Material Handling Equipment markets, such as ABB, Bleum, Clearpath Robotics, GreyOrange, Inc., Harvest Automation, inVia Robotics, Boston Dynamics, IAM Robotics, Inc., KUKA AG, and Teradyne Inc., are continuously seeking various initiatives such as strategic alliances, mergers and acquisitions, and new development launches. These vendors bear expertise in the Material Handling Equipment industry and have strategic footprints across various parts of the world. Hence, these companies have successfully defended their position in the market.

This section in the final deliverables also highlights various strategic initiatives taken by the key companies in the recent past that strongly impact this market space. The market has witnessed several new product launches in recent years. For instance, In May 2022, ABB launched material-handling robots for electric vehicle battery production. With its improved speed, precision, and robust construction, the robot can increase productivity and performance with higher uptime. In October 2022, Vecna Robotics announced hardware upgrades and a significant software release for the AFL-class autonomous forklift it provides. By optimizing material transport between other machinery and equipment on warehouse and factory floors, the new capabilities expand the company’s reach.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.

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Toll Free: 1-888-202-9519

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E-commerce Industry | Forecast 2030

E-commerce Industry Data Book – B2B E-commerce and B2C E-commerce Market

The global E-commerce Industry was valued at USD 13,497.0 billion in 2022 and is projected to grow at a CAGR of 15.0% from 2023 to 2030.

Markets Covered
E-commerce Industry USD 13,497.0 billion in 2022 15.0% CAGR (2023-2030)
B2B E-commerce Market Size USD 7,904.0 billion in 2022 22.8% CAGR (2023-2030)	B2C E-commerce Market Size USD 4,398.9 billion in 2022 9.7% CAGR (2023-2030)

E-commerce Industry Data Book Coverage Snapshot

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Business-to-Business E-commerce Market Growth & Trends

The global business-to-business e-commerce market size is anticipated to reach USD 33,317.37 billion by 2030 expanding at a CAGR of 20.2%, according to a new study by Grand View Research Inc. Technologies enabling the adoption of B2B e-commerce platforms are favoring the market growth. For instance, the proliferation of 5G and smartphones worldwide is expected to be a key growth driver for the market. Moreover, the COVID-19 pandemic has resulted in an increased acceptance of B2B e-commerce among end-users. Companies across the globe are focused on adopting a mixed-channel strategy with an emphasis on online channels to drive revenue.

In addition to the demand generated for online e-commerce amidst the pandemic, proactive government support, such as tax waiver, improved transport infrastructure, and reforms supporting excise/customs duty, is also expected to support business to business e-commerce market growth. Moreover, various laws have been reinforced to protect data privacy for both consumers and businesses, such as the law drafted in California, U.S. Such initiatives are likely to improve online trade penetration.

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B2C E-commerce Market Growth & Trends

The global B2C e-commerce market size is anticipated to reach USD 7.65 trillion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.7% over the forecast period. The increasing disposable income level, escalating usage of internet and smartphones, and an increasing number of online shoppers are expected to drive the market growth. Online goods and service providers offer various options to their customers, such as vast product portfolio, discounted price rates, convenient payment methods, same-day delivery, and easy return policies while purchasing any goods or services, resulting in growing customer preference toward e-commerce platforms.

The General Agreement on Trade in Services (GATS) provides the rules and regulations governing international trade in services, with significant implications for e-commerce. The anti-Spam Law is placed to protect consumers from receiving unsolicited marketing material. Although online businesses collect information from consumers, they are legally prohibited to spam people’s inboxes without their consent. Technological advancement supported by increasing usage of Artificial Intelligence (AI) is providing customers with a real-time shopping experience. For instance, Augmented Reality (AR) technology offers customers ‘virtual changing rooms’ wherein customers can try a product virtually.

Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

The top competitors that dominated the global market in 2022 include Alibaba Group Holding Limited, Amazon.com, Inc., Apple Inc., Best Buy, eBay Inc., Shopify Inc. Companies in the market have engaged in partnerships, mergers & acquisitions to capture the market. For instance, in July 2022, Shopify Inc partnered with YouTube to offer merchants new pathways for reaching customers. Shopify merchants can sell their products to users via YouTube shorts and live and video-on-demand content. Such initiatives enable wider research on ecommerce companies, driving the growth of the e-commerce market.

Adopting new technologies by the e-commerce platforms plays a major role in enhancing the customer experience, which has contributed to the growth. For instance, in May 2022, Snap Inc. expanded its e-commerce capabilities enabling brands to create AR (augmented reality) shopping content for engaging mobile users.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.

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