Residential Lighting Fixtures Market Report: Impact of COVID-19 on Industry Recovery

The global residential lighting fixtures market size is expected to reach USD 22.41 billion by 2030, expanding at a CAGR of 6.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rapid replacement of traditional lights with more energy-efficient and economical lighting fixtures is expected to remain a prominent trend. Furthermore, rising middle-class population in developing countries including China, India, Bangladesh, and Philippines as a result of urban development and increasing number of employment opportunities is projected to have a positive impact on the market.

The Light-emitting Diodes and Organic Light-emitting Diode (LED & OLED) led the market in 2018, contributing to over 50% of revenue share. High energy-efficiency and durability is anticipated to drive the growth. This segment is expected to witness steady growth in the upcoming years owing to the implementation of government initiatives aimed at encouraging the adoption of energy-efficient LED lighting instead of incandescent lighting.

Access the Residential Lighting Fixtures Market Size, Share & Trends Analysis Report By Product (Ceiling, Pendant & Chandeliers, Wall Mounted), By Source, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

Ceiling and wall mounted together held the largest share of the global residential lighting fixture market with over 60% of the total revenue share in 2018. These products illuminate the whole room and make it appear brighter and larger. In addition, availability of a wide range of ceiling and wall mounted fixtures appropriate for different types of homes and décor is anticipated to bode well for the product demand.

Asia Pacific held the leading market share of more than 45% in 2018. Rising number of residential buildings in emerging economies including China, India, and Philippines on account of easy loan assistance by banks for home construction is expected to expand the use of lighting equipment. Additionally, the increasing number of smartphone users in these countries is expected to encourage manufacturers to launch products in their online stores.

Key manufacturers include Koninklijke Philips N.V.; Cree Inc.; General Electric; Hubbell Lighting, Inc.; Acuity Brands, Inc.; Eaton Corporation; Panasonic Corporation; OSRAM Licht AG; Nichia Corporation; and Everlight Electronics Co., Ltd. New product launches is expected to remain a key competitive strategy in the forthcoming years.

Residential Lighting Fixtures Market Report Highlights

  • The ceiling segment accounted for the largest share of 38.0% in 2023.
  • LED and OLED product segment is expected to account for a market share of 69.3% in terms of revenue by the end of 2023, owing to excellent energy efficieny of the products.
  • Middle East and Africa is expected witness the fastest CAGR of 6.2% from 2019 to 2025. The scope for electrification along with government initiatives in African countries including Nigeria, Kenya, and Ethiopia is projected to open new avenues
  • Asia Pacific led the residential lighting fixture market with more than 45% of revenue share
  • The online segment is projected to grow at the fastest CAGR of 8.6% over the forecast period.

Order your free sample copy of “Residential Lighting Fixtures Market Report 2024 – 2030, published by Grand View Research

Key Residential Lighting Fixtures Company Insights

Some of the key companies in the residential lighting fixtures market include Koninklijke Philips N.V.; Hubbell Incorporated; Vorlane; Cree Lighting and Kichler Lighting LLC. Vendors in the market are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions and partnerships with other major companies.

Panasonic Corporation offers a wide range of lighting solutions for residential spaces, focusing on energy efficiency, design aesthetics, and technological innovation.

Key Residential Lighting Fixtures Companies:

The following are the leading companies in the residential lighting fixtures market. These companies collectively hold the largest market share and dictate industry trends.

  • Koninklijke Philips N.V.
  • Hubbell Incorporated
  • Vorlane
  • Cree Lighting USA LLC.
  • Kichler Lighting LLC.
  • Cooper Lighting LLC.
  • General Electric Company
  • ACUITY BRANDS, INC
  • Eaton.
  • Panasonic Corporation

Recent Developments

  • In March 2023, Signify acquired Intelligent Lighting Controls, Inc. (ILC), a wired control systems manufacturer. The acquisition is expected to add to Signify’s well established technology and energy-saving solutions in North American market.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone:-1-415-349-0058

Email: sales@grandviewresearch.com

Embolic Protection Devices Market Report: Regulatory Changes Impacting Industry Growth

The global embolic protection devices market size is expected to reach USD 1.09 billion by 2030, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 8.7% from 2024 to 2030. Rising incidences of cardiovascular and neurovascular diseases and growing adoption of minimally invasive diseases are propelling the market growth. Rising demand for technologically advanced embolic devices and increasing healthcare expenditure, resulting in huge funding and investments from multinational companies, are fueling the R&D in the global medical devices industry. This factor is also contributing toward the market growth.

On the other hand, the product failures and recalls may limit the market growth. Low reimbursement for stenting and presence of alternative treatment methods, such as the use of drugs, may also imped the market development. However, factors such as a rise in the number of Trans-catheter Aortic Valve Replacement (TAVR) procedures will support the market expansion.

Access the Embolic Protection Devices Market Size, Share & Trends Analysis Report By Product (Distal Occlusion Devices, Proximal Occlusion Devices, Distal Filters), By Application, By Region, And Segment Forecasts, 2024 – 2030

Embolic Protection Devices Market Report Highlights

  • Distal filter devices segment emerged as the largest segment owing to high demand for these devices
  • Neurovascular diseases accounted for the largest share in the application segment owing to the rising cases of neurological disorders
  • North America led the global embolic protection devices market with the largest share in 2023 and is likely to maintain this trend over the estimated period
  • Growing adoption of minimally invasive surgeries and increasing demand for novel technologies are facilitating the dominance of this region
  • The industry in the Asia Pacific is projected to witness swift growth during the forecast period owing to rapidly improving healthcare infrastructure and large target population base

Key Embolic Protection Devices Company Insights

Some of the key companies in the embolic protection devices market include Boston Scientific Corporation, Edwards Lifesciences Corporation, Abbott, Medtronic and others. Vendors in the market are focusing on increasing their customer base to gain a competitive edge in the industry.

Edwards Lifesciences Corporation specializes in manufacturing and development of devices for structural heart diseases and critical care monitoring.

Order your free sample copy of “Embolic Protection Devices Market Report 2024 – 2030, published by Grand View Research

Key Embolic Protection Devices Companies:

The following are the leading companies in the embolic protection devices market. These companies collectively hold the largest market share and dictate industry trends.

  • Boston Scientific Corporation
  • Edwards Lifesciences Corporation.
  • Abbott.
  • Medtronic
  • Cardinal Health.
  • Innovative Cardiovascular Solutions, LLC
  • Transverse Medical, Inc.
  • W. L. Gore & Associates, Inc.

Recent Developments

  • In April 2024, Emboline, Inc., announced the acquisition of SWAT Medical’s Intellectual Property Portfolio of embolic protection. This acquisition is expected to expand Emboline’s existing portfolio of platform technologies to reduce the risk of stroke caused due to the release of embolic debris in the bloodstream during procedures such as Transcatheter Aortic Valve Replacement (TAVR).

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone:-1-415-349-0058

Email: sales@grandviewresearch.com

Fabric Softener and Conditioner Market Webinars: Upcoming Events and Key Topics

The global fabric softener and conditioner market size is expected to reach USD 18.35 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.4% during the forecast period. Rising adoption of fabric conditioners for maintaining the elasticity of fabrics is projected to drive the growth. These products help maintain softness of products and lighten the textile fibers. Growing demand for eco-friendly cleaning products owing to rising concerns over water pollution and hazardous effects associated with chemicals are expected to open new growth avenues in near future.

Liquid product segment exceeded USD 10 billion in 2018. Liquid products protect clothes from stretching and fading. Increasing adoption of top-load machines across the world is expected to further fuel the use of liquid products as they can be easily incorporated in washing machine dispensers. Rising adoption of washing machines in emerging economies is projected to further fuel the demand.

Commercial application held the largest market share in 2018 and is expected to register a CAGR of 4.4% from 2019 to 2025. Growing textile and hospitality industries is expected to drive the segment growth. Hospitality industry requires freshly washed and stain-free towels, bed sheets, and pillow covers among other products on a daily basis. This factor is anticipated to boost growth of the commercial application segment in near future.

Access the Fabric Softener And Conditioner Market Size, Share & Trends Analysis Report By Product, By Type (Organic, Conventional), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

Asia Pacific is expected to witness the fastest CAGR of 6.1% from 2019 to 2025. Rising household income in emerging economies including China and India is expected to remain a favorable factor. Increasing product launches in these countries is projected to positively influence the regional growth. In April 2018, Hindustan Unilever launched a fabric conditioner under the brand name, Comfort Pure for baby clothes. In March 2019, Proctor & Gamble launched plant-based product line under the Home Made Simple brand. Under this category, the company will offer a wide range of products including soaps, multipurpose cleaners, laundry detergents, and fabric softeners.

Fabric Softener And Conditioner Market Report Highlights

  • The liquid segment held the largest market revenue share of 55.5% in 2023. The demand for liquid fabric softeners & conditioners is increasing primarily due to consumer preferences for convenience and effectiveness.
  • The organic segment is anticipated to grow at the fastest CAGR over the forecast period. The demand for organic fabric softeners & conditioners is expected to rise primarily due to increasing consumer awareness and preference for natural ingredients and environmentally friendly products.
  • The commercial segment held the largest market revenue share in 2023. Commercial users such as hotels, hospitals, and laundromats prioritize products that ensure fabric quality and customer satisfaction.
  • The online segment is anticipated to witness the fastest CAGR over the forecast period. Online platforms offer consumers a convenient shopping experience, allowing them to browse various products and compare prices from various brands without leaving their homes.
  • Asia Pacific dominated the market with largest market revenue share of 38.3% in 2023. As disposable incomes rise, consumers are increasingly willing to spend money on products that enhance the quality and comfort of their clothing.

Order your free sample copy of “Fabric Softener And Conditioner Market Report 2024 – 2030, published by Grand View Research

Key Fabric Softener And Conditioner Company Insights

Some of the key companies in the fabric softener & conditioner market include Procter & Gamble; Unilever PLC; Reckitt Benckiser Group PLC; Henkel AG & Co. KGaA; Colgate-Palmolive Company

Procter & Gamble, with its Downy professional fabric softeners, makes fiber soft and delivers a long-lasting freshness on fabrics. Downy professional is utilized in washing machines by industries such as hotels and healthcare. It is also often used in residential laundry use.

Unilever PLC’s fabric conditioner brand Comfort, with additional variants such as Comfort Easy Iron and Comfort Bright Whites, is used to make cloths smooth, preserve their color, and prevent wrinkles. It also provides long-lasting freshness and fragrances.

Key Fabric Softener And Conditioner Companies:

The following are the leading companies in the fabric softener and conditioner market. These companies collectively hold the largest market share and dictate industry trends.

  • Procter & Gamble
  • Unilever PLC
  • Reckitt Benckiser Group PLC
  • Henkel AG & Co. KGaA
  • Colgate-Palmolive Company
  • Marico Limited
  • LG H&H Co., Ltd.
  • Pigeon Singapore Pte Ltd.
  • Church & Dwight Co., Inc.
  • Melaleuca Inc.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Soup Market Challenges: Addressing Supply Chain Issues and Quality Concerns

The global soup market size is expected to reach USD 26.21 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for processed, ready to eat, and packed food and increasing women workforce are expected to increase the market demand in the upcoming years. In addition, increase in disposable income and changing consumer lifestyle in emerging economies including China and India are anticipated to increase the demand for soups.

Consumption of canned and dried soup products is increasing in North America and Europe, on account of continuous product innovation as per customer behavior and preferences. In addition, growing economic independence among women is increasing the consumption of packed and processed food products in the developed countries.

Access the Soup Market Size, Share & Trends Analysis Report By Product (Canned, Dried, UTH), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online), By Region And Segment Forecasts, 2024 – 2030

Soup being a healthy source of vitamins, minerals, nutrition, and protein serves as a prominent replacement for home cooked food. Therefore, this evolution in the working population is anticipated to significantly influence the demand for soup in future. Demand for soups in restaurants, food outlets, and food joints is expected to acquire a small market share due to growing consumer preference for ready to eat products and rising inclination towards healthy food habits.

Continuous use of cornstarch and salt in canned and dried soup products is expected to act as a restraining factor in the global market. High consumption of corn starch can lead to several health issues like increased level of blood sugar and blood pressure. However, continuous product development by companies such as Campbell Soup Company, which provides new flavors like roasted red pepper and tomato, butternut squash and sweet potato, and harvest carrot and ginger, is expected to influence the buying behavior of the younger population across the globe. The market leaders are focusing on developing new flavors and products in order to make their style statement in the market.

Soup Market Report Highlights

  • By product, The UHT (ultra-high temperature) segment is expected to register the fastest CAGR during the forecast period. The growth of UHT soups is driven by long-shelf-life ingredients that don’t require refrigeration, making them ideal for busy lifestyles and reducing meal waste.
  • The dried segment accounted for the largest market revenue share of 59.5% in 2023. The Growing demand for convenient and prepared-to-eat food alternatives, specifically in busy city populations, offers a significant opportunity for producers to innovate and expand their product services.
  • The supermarkets/hypermarkets segment dominated the market in 2023. Supermarkets/hypermarkets offer various soup varieties from different brands and nutritional needs, providing consumers with vast choices and convenient shopping in the same place.
  • The Europe region dominated the market with a revenue share of 38.9% in 2023. The climate in Europe also plays a role in the growth of the soup market.

Order your free sample copy of “Soup Market Report 2024 – 2030, published by Grand View Research

Key Soup Company Insights

The Soup Market is witnessing substantial growth in the coming years, driven by way of numerous key techniques and factors. Market players are increasingly focusing on product innovation and development to fulfill evolving customer needs and options.

The Campbell Soup Company offers a variety of products, including canned soups, stocks, broths, and sauces. Its product lineup also features snacks such as Goldfish crackers and Milano cookies, beverages such as V8 juices, and pasta sauces under the Prego brand.

Nestle is food & beverage company which operates in various segments including baby food, bottled water coffee, dairy products, and others. The brand also includes Nescafe, KitKat, and Purina. Nestle emphasizes nutrition, health, and wellness in its product offerings.

Key Soup Companies:

The following are the leading companies in the soup market. These companies collectively hold the largest market share and dictate industry trends.

  • Associated British Foods plc
  • Baxters Food Group Limited
  • Campbell Soup Company
  • Conagra Brands, Inc.
  • General Mills, Inc.
  • Hindustan Unilever Limited
  • Nestlé S.A
  • Ottogi Co., Ltd
  • Premier Foods Group Limited
  • The Kraft Heinz Company

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Anterior Uveitis Treatment Market Demand Rises with New Drugs

The global anterior uveitis treatment market size is expected to reach USD 967.5 million by 2030, registering a CAGR of 12.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising prevalence of the disease is anticipated to aid market growth. This disease is more common when compared to panuveitis, posterior, and intermediate uveitis.

According to a 2017 article by Retina Today, this condition accounted for around 30% to 90% of the cases of uveitis. It also stated around 1% to 4% of patients experience 25% loss of visual acuity. There are different effective treatments for this disease and can be easily managed; however, it tends to recur. This disease is prevalent among both young and middle-aged group. It is also common among the geriatric population. Ocular ischemia and herpetic uveitis are the two most common causes of this disease among the geriatric population. Most of the cases occur in healthy people, however, some are associated with infectious diseases, gastrointestinal disorders, rheumatologic diseases, and lung & skin diseases. This disease is less sight-threatening as compared to posterior uveitis, however, in some cases might lead to glaucoma, cataract, and cystoid macular edema.

Access the Anterior Uveitis Treatment Market Size, Share & Trends Analysis Report By Type (Infectious Uveitis), By Therapy (Biologics), By Distribution Channel (Hospital, Retail, Online Pharmacies), By Region, And Segment Forecasts, 2024 – 2030

Anterior Uveitis Treatment Market Report Highlights

  • Corticosteroids dominated the anterior uveitis treatment market in 2023 owing to its beneficial characteristic of minimizing inflammation in the eye. It is the primary treatment modality.
  • Anti-TNF agents are expected to exhibit lucrative growth rate over the forecast period due to growing opportunity in treatment methods with biologic therapy using Anti-TNF drugs.
  • Immunosuppressants held a significant market share in 2023 owing to their growing adoption for treatment of chronic anterior uveitis.
  • Hospital pharmacies dominated the market in 2023 due to the wide treatment options available there.
  • Online pharmacies are expected to witness significant CAGR over the forecast period due to convenience, ease, and availability of discounted products.
  • North America held the largest revenue share in 2023 owing to high prevalence as well as healthcare expenditure in this region.
  • Asia Pacific is anticipated to exhibit lucrative growth during the forecast period due to the rising number of infectious diseases in developing countries of the region and growing disposable income.

Order your free sample copy of “Anterior Uveitis Treatment Market Report 2024 – 2030, published by Grand View Research

Key Anterior Uveitis Treatment Company Insights

Some of the key companies in the Anterior Uveitis Treatment market include Novartis AG, Santen Pharmaceutical Co., Ltd., AbbVie Inc., Kiora Pharmaceuticals, Inc., Clearside Biomedical, Aldeyra Therapeutics, Inc., UCB S.A., Agilent Technologies, Inc. (Lux Biosciences, Inc)., Tarsier Pharma Ltd. Key manufacturers are increasingly adopting strategic initiatives such as new product development, mergers & acquisitions, and regional expansion. For instance, in 2024, Kiora Pharmaceuticals, Inc. announced the results from phase I clinical trial of KIO-101 and plans for phase II clinical trial of KIO-104 for intravitreal delivery into the retina for treating posterior non-infectious uveitis.

  • AbbVie Inc. is actively functioning in the eye care segment. It has a wide range of products to treat various ophthalmic conditions. One of the prime products of the company for treating uveitis is “Humira” which is widely accepted as an effective treatment worldwide.
  • Kiora Pharmaceuticals, Inc. is exclusively involved in developing therapies for inherited and inflammatory retinal diseases. There are advanced products present in their pipeline to treat anterior uveitis.

Key Anterior Uveitis Treatment Companies:

The following are the leading companies in the anterior uveitis treatment market. These companies collectively hold the largest market share and dictate industry trends.

  • Novartis AG
  • Santen Pharmaceutical Co., Ltd.
  • AbbVie Inc.
  • Kiora Pharmaceuticals, Inc.
  • Clearside Biomedical
  • Aldeyra Therapeutics, Inc.
  • Aciont Inc.
  • Sirion Therapeutics, Inc.
  • UCB S.A.
  • Lux Biosciences, Inc.
  • Tarsier Pharma Ltd.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Silver Nanoparticles Market Insights: 2024 Trends

The global silver nanoparticles market size is estimated to reach USD 4.53 billion in 2030 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. Rising demand for antimicrobial materials in healthcare applications is expected to drive the market over the forecast period. The development of high-end electronics coupled with the growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.

Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population, and rise in disposable income is expected to augment the market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.

Access the Silver Nanoparticles Market Size, Share & Trends Analysis Report By Application (Electronics & Electrical, Healthcare, Food & Beverages, Textiles, Others), By Region, And Segment Forecasts, 2024 – 2030

Silver Nanoparticles Market Report Highlights

  • Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with the growing demand for high-end gadgets is expected to drive market growth
  • Rising awareness regarding prevention of hospital-acquired diseases is expected to play an important role in promoting the use of silver nanoparticles in medical devices & equipment and textiles
  • Increasing application scope of silver nanoparticles in children’s toys, in order to reduce the spread of diseases by minimizing surface antimicrobial activities, is expected to open new opportunities for market growth over the forecast period
  • The emergence of nano-finished textiles for odor control and curb growth of infection-causing bacteria is expected to propel market demand
  • The presence of a stringent regulatory framework, particularly in North America and Europe, is anticipated to hamper the silver nanoparticles market. Furthermore, numerous studies have been undertaken to ascertain the harmful effects of nanosilver to the environment, which is further anticipated to restrain the market growth

Order your free sample copy of “Silver Nanoparticles Market Report 2024 – 2030, published by Grand View Research

Key Silver Nanoparticles Company Insights

Some of the key companies in the silver nanoparticles market include Nanocs Inc., Nanoshel LLC; NanoHorizons Inc.; ANP CORPORATION. Key players are taking several strategic initiatives, such as innovation, mergers and acquisitions, and partnerships with other major companies.

Applied Nanotech, Inc. specializes in nanotechnology research and development. They focus on creating innovative solutions using nanomaterials. They collaborate with industry partners, government agencies and academic institutions to advance nanotechnology.

American Elements focuses on ultra-high purity and nanoscale materials, they serve global manufacturers across various sectors including energy, electronics, aerospace, defense and green technology.

Key Silver Nanoparticles Companies:

The following are the leading companies in the silver nanoparticles market. These companies collectively hold the largest market share and dictate industry trends.

  • American Elements
  • Applied Nanotech, Inc.
  • Cline Scientific AB
  • EMFUTUR technologies
  • Meliorum Technologies, Inc.
  • Nanocs Inc.
  • Nanoshel LLC
  • NanoHorizons Inc.
  • ANP CORPORATION

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Drug And Gene Delivery Devices Market Demand Rises with New Treatments

The global drug and gene delivery devices market size is expected to reach USD 1.22 billion by 2030, registering a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising investment by the market players to develop innovative drug delivery systems to cater to the demand by the patients as well as to increase the bioavailability at minimum quantity of active pharmaceutical ingredient is driving the market growth. Additionally, increasing focus on R&D of gene delivery systems owing to the high growth potential of gene therapy for the treatment of a wide range of diseases is expected to fuel the market growth in the future.

Drug delivery systems are in a constant evolution along with the changing preference by the patient. For instance, initially, hormone replacement therapy was widely prescribed in the form of pills, whereas, it is now available in the form of prefilled syringes, patches, vaginal rings, gel, and sprays. The principal purpose of development of different forms of delivery systems is to increase the ease of use. Factors such as aesthetics of the delivery systems, price, and amount of API are also considered while designing the drug delivery system.

Access the Drug And Gene Delivery Devices Market Size, Share & Trends Analysis Report By Route Of Administration (Oral, Inhalation, Transdermal), By Vector (Viral, Non-Viral), By Region, And Segment Forecasts, 2024 – 2030

Drug And Gene Delivery Devices Market Report Highlights

  • In 2023, the oral segment dominated the market and accounted for the largest revenue share of 52.7%, owing to its convenience and ease of administration.
  • The injectable segment is expected to witness the fastest CAGR of 11.0% during the forecast period, fueled by increasing prevalence of life-threatening diseases and advancement in injectable drug delivery devices.
  • In 2023, North America dominated the drug and gene delivery devices market with a revenue share of 54.0%, owing to the rising number of people suffering from chronic diseases.
  • The drug and gene delivery devices market in Asia Pacific is projected to witness growth during the forecast period. The growth can be attributed to the increasing prevalence of chronic diseases such as heart disease, diabetes and cancer owing to the changing lifestyle, increase in consumption of alcohols and cigarettes.

Key Drug And Gene Delivery Devices Company Insights

Some of the key companies in the drug and gene delivery devices market include, Uniqure N.V.; Shanghai Sunway Biotech Co., Ltd; Pfizer, Inc.; Johnson and Johnson.

UniQure NV develops adeno-associated virus (AAV) based gene therapies with the help of its gene technology platform and offers treatments to patients suffering with severe genetic disorders.

Epeius Biotechnologies Corporation develops anti-cancer agents that eliminate metastatic disease.

Order your free sample copy of “Drug And Gene Delivery Devices Market Report 2024 – 2030, published by Grand View Research

Key Drug And Gene Delivery Devices Companies:

The following are the leading companies in the drug and gene delivery devices market. These companies collectively hold the largest market share and dictate industry trends.

  • Uniqure N.V.,
  • SiBiono GeneTech Co.
  • Epeius Biotechnologies Corporation
  • Shanghai Sunway Biotech Co., Ltd
  • Pfizer, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Johnson and Johnson
  • Novartis AG
  • Bayer AG
  • Becton, Dickinson and Company

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Pico Projector Market Study Reveals Top Growth Drivers

The global pico projector market is expected to reach USD 19.20 billion by 2030, expanding at a CAGR of 21.2% from 2024 to 2030, according to a new study by Grand View Research, Inc. Smartphone proliferation coupled with high convenience when integrated with portable electronic devices is anticipated to elevate demand. Technological advancements have resulted in enhanced contrast ratio and high pixel quality. Portability and compatibility with Wi-Fi, WiMax, and 3G/4G technologies offered by these products is estimated to drive industry growth.

Pico projectors have the ability to project content from mobile and other electronic devices onto a wall, notebook, or portable projection screens. Strong economic growth coupled with rising consumer disposable income may catalyze adoption particularly in consumer electronics and automobiles. Increasing adoption of smart devices and the advent of Internet of Things (IoT) may catapult demand over the next few years. The industry is poised for growth due to expanding application areas and increasing demand for mobility across all sectors. Growing adoption of Bring Your Own Device (BYOD) policies in the corporate sector may also spur product demand.

Access the Pico Projector Market Size, Share & Trends Analysis Report By Technology, By Product (USB, Embedded, Media Player, Stand-alone), By Compatibility, By Application, By Region, And Segment Forecasts, 2024 – 2030

Pico Projector Market Report Highlights

  • The digital light processing segment accounted for the largest market revenue share at 49.9% in 2023. The segment growth is attributed to the advantages of DLP technology, which utilizes micro mirrors to control light and deliver images with color accuracy and brightness.
  • Standalone pico projectors accounted for the largest market share in 2023. These projectors allow users to connect with laptops, smartphones, or tablets.
  • The smartphones segment dominated with the largest market share in 2023. Integrating pico projectors with smartphones allows users to mirror their smartphone screens onto the projector, enabling presentations, video playback, and sharing multimedia content directly from their mobile devices, enhancing convenience and flexibility, making pico projectors an extension of smartphones for professional and personal use.
  • The consumer electronic segment dominated the market in 2023. The growing demand for portable and versatile entertainment solutions fuels the consumer electronics segment.
  • Key players in the industry include 3M, AAXA Technologies, Microvision Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics N.V., Texas Instruments, and Coretronic Corporation. Industry participants strive to develop products with enhanced image quality, resolution and brightness. Prominent players also emphasize on developing new generation HD micro-display chips for enhancing product offering.

Key Pico Projector Company Insights


Some key companies in the pico projector market include AAXA TECHNOLOGIES INC.; Coretronic Corp.; and LG Electronics.

AAXA Technologies specializes in using advanced nano-LCoS (Liquid Crystal on Silicon) systems in some of its projectors. It offers a range of pico projectors, mini projectors, and LED projectors. AAXA claims to have made the world’s smallest 1080P projector. Some of its latest launches of pico projectors include SLC450, P6X, and L500.

Coretronic Corp. manufactures DLP projectors, interactive projection systems, image signal processing boxes, wearable display solutions, LCD backlight modules, high-lumen laser projectors, and automotive augmented reality heads-up displays. Its proprietary MCLA technology enhances the quality of its

projectors.

Order your free sample copy of “Pico Projector Market Report 2024 – 2030, published by Grand View Research

Key Pico Projector Companies:

The following are the leading companies in the pico projector market. These companies collectively hold the largest market share and dictate industry trends.

  • AAXA TECHNOLOGIES INC.
  • Acer Inc.
  • Coretronic Corp.
  • Koninklijke Philips N.V.
  • Lenovo
  • Miroir USA
  • Samsung
  • SYNDIANT
  • Texas Instruments Incorporated

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Sheet Molding and Bulk Molding Compound Market: Addressing Challenges in Supply Chain Management

The global sheet molding and bulk compound market size is expected to reach USD 5.90 billion by 2030, registering a CAGR of 6.39% from 2024 to 2030, according to a new report by Grand View Research, Inc.
Sheet molding compound (SMC) is widely used in transportation applications because of its excellent mechanics and lightweight nature. They have electrical insulation and are resistant to fire, corrosion, and stains. Traditional materials such as steel, iron, and aluminum are being supplanted by SMC and BMC due to their distinct perceived benefits. Automobile makers are probably going to rely less on steel and more on sheet molding compound (SMC) as the market for lightweight materials and solid compounds grows.
 
The report Sheet Molding And Bulk Molding Compound Market Size, Share & Trends Analysis Report By Resin Type (Epoxy, Polyester), By Fiber Type (Glass Fiber, Carbon Fiber), By Application, By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
 
In addition to the intrinsic limits of metals and their rising costs, a number of firms are substituting metal for thermoset composites in high-performance applications. This is helping to drive the expansion of the sheet molding compound (SMC) market. Many firms now favor lightweight materials because of the direct correlation between fuel usage and the weight of the materials used in manufacturing.
The market offers a lot of room for expansion and innovation, especially in the area of environmentally friendly and sustainable composites development. Global attention to sustainability and minimizing environmental effect has led to an increase in demand for recyclable or renewable materials. Producers are allocating resources to R&D in order to develop recyclable composites and bio-based resins that preserve the performance attributes of conventional SMC and BMC. Moreover, the growing utilization of these materials in developing sectors including infrastructure construction and renewable energy presents fresh opportunities for market participants to flourish.
 
Sheet Molding And Bulk Molding Compound Market Report Highlights:
Based on fiber type, glass fiber held the market with the largest revenue share of 63.07% in 2023. Glass fiber is the most commonly used reinforcement material in SMC and BMC due to its excellent mechanical properties, cost-effectiveness, and versatility
Based on application, automotive & transportation held the market with the largest revenue share of 31.23% in 2023. The automotive & transportation sector is a major driver of market growth, as SMC and BMC materials are increasingly used for manufacturing lightweight and high-strength components, such as body panels, bumpers, and structural parts
North America holds a substantial share of the market, driven by robust demand from the automotive and aerospace industries. The U.S., in particular, is a major contributor, with its strong manufacturing base and technological innovation
Order your free sample copy of “Sheet Molding And Bulk Molding Compound Market Report 2024 – 2030, published by Grand View Research
 
Sheet Molding And Bulk Molding Compound Market Segmentation
Grand View Research has segmented the global sheet molding and bulk molding compound market based on resin type, fiber type, application, and region:
Sheet Molding And Bulk Molding Compound Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Epoxy
Polyester
Sheet Molding And Bulk Molding Compound Fiber Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Glass Fiber
Carbon Fiber
Sheet Molding And Bulk Molding Compound Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Domestic Appliances
Others
Sheet Molding And Bulk Molding Compound Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Asia Pacific
China
India
Japan
Australia
South Korea
Central & South America
Brazil
Argentina
MEA
South Africa
Saudi Arabia


 
List of Key Players in the Sheet Molding And Bulk Molding Compound Market
IDI Composites International
National Composites
MENZOLIT
Polynt (Polynt-Reichhold)
Continental Structural Plastics Inc. (TEIJIN)
ZOLTEK (Toray Group)
Mitsui Chemicals
TORAY INTERNATIONAL
Core Molding Technologies
Devi Polymers Private Limited
Zhejiang Yueqing SMC & BMC Manufacture Factory
Huayuan Advanced Materials Co., Ltd.
Resonac Holdings Corporation
 
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Automotive Lighting Market: Future Trends in Automotive Exterior Lighting

The global automotive lighting market size is estimated to reach USD 48.73 billion in 2030, growing at a CAGR of 5.95% from 2024 to 2030, according to a new report by Grand View Research, Inc. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market.

Increasing apprehensions about using energy-efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry is expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexible design techniques.

THE Automotive LED market is estimated to demonstrate considerable growth at a CAGR of over 12.0% from 2015 to 2022. Halogen lights contributed to over 66.0% of overall industry revenue in 2014, followed by LED and xenon. It has gained prominence on account of easy availability, low purchasing costs, and low replacement costs. However, rising fuel prices are expected to pose a threat to the industry.

Access the Automotive Lighting Market Size, Share & Trends Analysis Report By Solution, By Technology (Halogen, Xenon/HID, LED), By Application, By Sales Channel, By Region, And Segment Forecasts, 2024 – 2030

Automotive Lighting Market Report Highlights

  • LED segment accounted for the largest market revenue share of 46.4% in 2023.
  • Front lighting/headlamps accounted for the largest market revenue share in 2023. The evolution of vehicle design and styling has elevated the importance of headlamp aesthetics.
  • Original Equipment Manufacturers (OEMs) accounted for the largest market revenue share in 2023. The increasing production and sales of vehicles globally directly contribute to OEMs’ demand for automotive lighting systems.
  • The passenger vehicle segment accounted for the largest market revenue share in 2023. The increasing consumer preference for aesthetically appealing and technologically advanced vehicles is boosting the demand for innovative lighting solutions in passenger vehicles.
  • North America automotive lighting market dominated the market in 2023.

Order your free sample copy of “Automotive Lighting Market Report 2024 – 2030, published by Grand View Research

Key Automotive Lighting Company Insights

Some of the key companies in the automotive lighting market include Sony Corporation, Samsung Electronics, Bosch Sensortec, Texas Instruments Incorporated., and STMicroelectronics. Organizations are focusing on increasing their customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies.

Samsung Electronics offers a diverse range of products tailored to meet the automotive industry’s stringent requirements. Samsung’s portfolio includes LED headlights, taillights, interior lighting modules, and OLED displays, each designed to enhance vehicle safety, efficiency, and design aesthetics.

Texas Instruments (TI) offers a comprehensive portfolio of products and solutions designed to enhance safety, efficiency, and performance in automotive lighting applications. These include advanced LED driver ICs (Integrated Circuits) that enable precise control of LED brightness, color temperature, and dimming capabilities, which are crucial for achieving optimal visibility and energy efficiency in headlights, taillights, and interior lighting.

Key Automotive Lighting Companies:

The following are the leading companies in the automotive lighting market. These companies collectively hold the largest market share and dictate industry trends.

  • Sony Corporation
  • Samsung Electronics
  • Bosch Sensortec
  • Texas Instruments Incorporated.
  • STMicroelectronics
  • Omnivision Technologies
  • Analog Devices
  • Panasonic Corporation
  • Knowles Electronics
  • InvenSense

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

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