Market Research Blog – Page 10193 – New Product Development

Camera Accessories Market Is Estimated To Record A Healthy CAGR Of 13.5% During The Forecast Period by 2032

The camera accessories market size forecasted to registering 13.5% CAGR during the forecast period (2022-2032), projected to reach US$ 12.34 Billion by 2032.

The increased demand for high-end digital cameras has boosted the camera accessories market globally. Camera accessories mainly enhance the accessibility, usability, efficiency, and working life of the camera. Camera accessories include the lens, screen protectors, tripods, monopods, bags and punches, batteries and charges, and others.

The wide range of uses of cameras for wildlife, landscape, wedding, fashion, portrait, sport, aerial and action, photojournalism, and commercial will drive the camera accessories market growth. The importance of camera accessories is inevitable for professional photographers.

A fast prime lens, tripod, remote shutter release and polarizing filter help the photographer to take better photos. Moreover, a camera bag and strap help to protect the valuable equipment and additional batteries and memory cards allowing the photographer to shoot continuously.

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Global Camera Accessories Market: Reasons for Covering this Title

Global demand for high-end cameras is high among the youth in the urban population. With the assistance of different camera accessories, it has become possible to enhance the quality and experience of photography. The high-end camera buyers tend to buy the camera accessories for stability and accessibility.

Although the smartphones highly hamper the camera and its accessories market, the demand for the camera and its accessories by professional will grow owing to increased demand in their respective industry.

According to industries that demand the use of the camera, the various camera accessories will be in need. It necessitates by studying the camera accessories market. The product innovations and new product launches in the camera accessories market are estimated to make the survival of the market.

Global Camera Accessories Market: Key Players

Some of the key players operating in the global Camera Accessories market are Canon Inc., Nikon Corporation, Sony Corporation, Fujifilm Holdings Corporation, Olympus Corporation, Panasonic Corporation, GoPro, Inc., CASIO COMPUTER CO., LTD., Leica Camera AG, CP PLUS, Ricoh Imaging Americas Corporation, SAMSUNG GSG, Vitec Imaging Solutions Spa, Peak Design and RED among others.

Camera Accessories Market: Key Trends

There is a high demand for high-performance lenses as the Internet of Things (IoT) advances and security become more critical for the safety of life and property.
A rapid acceleration in the switching of a single lens reflex camera to the mirror-less camera has brisk the camera accessories market.

Camera Accessories Market: Key Developments

In October 2018, a special version of the Manfrotto Befree tripod was launched that targeted professionals who demand outmost quality and high performance.
In September 2018, Eastman Kodak Company and Kodak Alaris announced the availability of highly anticipated KODAK EKTACHROME Film line worldwide.
In September 2017, Sony Corporation and Vitec Photographic has announced collaboration in the imaging market consolidating both companies position in the market.

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Opportunities for Camera Accessories Market Participants

Cameras with interchangeable lens coupled with their upgraded features and superior quality of images have high growth boosting the camera accessories market. High-quality lenses and lens filters will drive the camera accessories market prominently.

There is the rising popularity of cameras among the women owing to the attractive aesthetic looks and women concentric advertisements will enhance the camera accessories market growth.

Not only developed countries but also developing nations are estimated to have a good camera accessories market presence. The saturation of the camera accessories market in developed countries will focus on the developing countries market enhancement.

Brief Approach to Research for Camera Accessories Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Camera Accessories Market sizes.

Global Camera Accessories Market: Market Segmentation

On the basis of product types, the global camera accessories market has been segmented as –

Filter lens
Lens
Screen protectors
Memory cards
Camera bags and pouches
Tripods and mounts
Batteries and chargers
Others

On the basis of types of gear, the global Camera Accessories Market has been segmented as –

Drones
DSLR
Mirror-less
Professional DSLR
Video camera

On the basis of the distribution channel, the global Camera Accessories Market has been segmented as-

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Online Store
Others

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Specialty Paper Market: Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects: FMI-2021 -2031

According to a Future Market Insights (FMI) report, the Specialty paper market is expected to surpass US$ 14.9 Bn in 2021, at a CAGR of 5.1% between 2021 and 2031. Specialty paper is used in packaging, printing and writing, and building and construction sectors.

Their increasing application across diverse sectors can be attributed their moisture resistance, low-weight, waterproofing, cost-effective, and customizable characteristics. Specialty paper is available as décor paper, kraft paper, thermal paper, and carbonless paper. Of these, its application for décor purposes accounts for maximum sales in the market.

Also, specialty paper is non-reactant in nature which is suitable for food and beverage packaging. In the past few years, specialty paper has gained immense popularity as it provides better aesthetics. The report foresees ample opportunities for manufacturers in the near future due to the rise in usage of the specialty paper in various sectors.

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The expansion of the E-commerce industry means a rise in demand for packaging materials to ship products across the world. Specialty paper offers a wide range of packaging solutions to the e-commerce industry and to its logistics partners. Spurred by this, the demand for specialty papers is expected to surge in the near future.

Paper sourced from wood and wood pulp is considered to be environmentally-friendly, in comparison to plastic, which takes a longer period to decompose. Presence of untapped markets can provide lucrative opportunities for market players, especially those extending biodegradable offerings.

Key Takeaways from Specialty Paper Market

Décor paper is estimated to hold nearly 2/5^th value share in the global market in 2021 and expected to expand by 240 bps by 2031 owing to increasing use in building and construction sector.
Kraft paper demand is expected to grow at 6.5% CAGR during 2021-2031. Increasing demand for sustainable bags and pouches will drive growth in the segment.
The U.S. will hold the lead in North America, accounting for more than 6 times the value share of Canada in 2021.
Germany, driven by the presence of leading market players will account for more than 22% of the Europe market will hold the lead in 2021.
Strong growth in the automotive and construction sectors will drive the China market, which is expected to account for more than 71% of the East Asia market value share by 2031.

“Specialty papers sales are surging on the back of rising application in the packaging industry. Focus on offering attractive packaging without hampering product quality will fuel demand for specialty papers. Their application also is expected to surge as a non-reactant material,” said a FMI analyst.

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Impact of COVID-19 on the Specialty Paper Market

The specialty paper market has been negatively impacted as sales slumped amid the COVID-19 pandemic. This can be attributed to restrictions imposed on operation and production activity in various end-use industries which directly affected market growth.

Disruptions in logistics and supply chains hampered market growth. The building and construction sector was also impacted by COVID-19 which contributed to the adverse impact on specialty paper.

Since the beginning of 2021, players operating in specialty paper market have tried to push sales by increasing production capacity while offering innovative products. Overall, the market for specialty paper is expected to rise at a faster pace during the latter part of 2021.

Specialty Paper Market by Category

By Product Type:

Décor
Thermal
Carbonless
Kraft
Other types

By End-Use Application:

Printing and Writing
Packaging
Building and Construction
Industrial
Other Commercial End Use

Who is Winning?

Tier 3 players in the specialty papers market hold 60-70% of the global value share. Global leaders in turn contribute to around 30-40% of the global market.

International Paper Co., Oji Holdings Corp., and UPM-Kymmene Oyj are the top players operating in the specialty paper market. Furthermore, Stora Enso Oyj, Nippon Paper Industries Co., Ltd, and Mondi plc. are some of the leading players in the specialty paper market.

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More Valuable Insights into Specialty Paper Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global specialty paper market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031.

The study reveals growth projections on the specialty paper market based on product type (décor, thermal, carbonless, kraft, and other types) and end-use application (printing & writing, packaging, building & construction, industrial, and other commercial end-use) across seven regions.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Rare Earth Metals Market | New Technological Development Projecting Massive Growth till 2031

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global rare earth metals market is poised to witness steady growth at around 6% CAGR, exceeding the market valuation of US$ 3,818.8 Mn between the forecast period 2021 and 2031.

Growing consumer preference towards electronic vehicles and rapid expansion of the automotive and electronic industry are emerging as chief factors augmenting the growth of the rare earth metals market. Presence of high-growth potential industries including consumer goods and renewable energy in developed countries such as the U.S., the U.K., and Germany will propel sales in the market.

Permanent magnets used in wind turbines are produced from rare earth metals such as dysprosium and neodymium. Considering this, a steady expansion of wind turbine installations worldwide will create conducive environment for rare earth metals sales.

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Besides this, the market will continue gaining from application in manufacturing batteries installed in electric vehicles. With electric and hybrid vehicles sales forecast to gain momentum in the coming years, the demand for rare earth metals with consistently rise.

Rising digitization and urbanization in developing countries such as China, India, and South Korea is boosting the demand for consumer electronics, which in turn is fostering sales of rare earth metals. As per FMI, Asia Pacific excluding Japan will continue exhibiting high growth within the global market. Within the region, the Neodymium segment is likely to gain remarkable 270 basis points by 2026 in comparison to that of 2016.

China, trailed by India, will emerge as the dominant market for rare earth metals in Asia Pacific. The continued surge in mining activities, besides expansion of electronics and automotive sectors will support growth in the country.

Key Takeaways from FMI’s Rare Earth Metals Market Study

Neodymium will emerge as the most preferred metal type throughout the forecast period.
Permanent magnets will dominate the application-type segment.
The U.S. will exhibit high demand due to rapid expansion of automotive and renewable energy industries.
China will lead the rare earth metals market owing to the presence of major players and increasing production of consumer electronics.
The U.K. will experience steady growth, which is attributable to increasing demand by various end-use industries.
South Korea and Japan will account for nearly 14% of the market share.

“Companies operating in the market are adopting sustainable mining policies to gain competitive edge. Besides this, they are seeking approval from international organizations to aid capacity expansion,” says the FMI analyst.

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Competitive Landscape

China Northern Rare Earth (Group) High-Tech Co., Ltd., Rising Nonferrous Metals Share Co., Ltd., Lynas Corporation, China Minmetals Corporation Limited, and Aluminium Corporation of China Limited are some leading players operating in the rare earth metals market.

Key strategies being incorporated by manufacturers include emphasis on sustainable mining practices, research, and development regarding efficient use of metals, industry-grade machinery installations, and expansion of procurement facilities.

For instance:

In December 2019, Lynas Corporation joined hands with Kalgoorlie Boulder, based out of Australia, to open a new processing plant for processing materials mined from the nearby Mt Weld lanthanide deposits.
In June 2021, Arafura Resources Ltd., received approval and a Letter of Support from the Northern Australian Infrastructure Facility (NAIF) for the inclusion of its Nolan NdPr sites as a statutory defined area of North Australia, enhancing the sustainable mining practices in the region.

More Insights on the Rare Earth Metals Market

In its latest report, FMI offers an unbiased analysis of the global rare earth metals market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.

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In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of application type (catalysts, permanent magnets, metallurgy & alloys, polishing, glass, phosphors, ceramics, and others (fertilizers, pigments, defense, etc.) metal type (Neodymium, Yttrium, Dysprosium, Terbium, Europium, Cerium, Lanthanum) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan, and Middle East & Africa)

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Crossfit Apparel Market Is Likely to Garner a Revenue of US$ 113 Million in 2022 and is Projected to Reach US$ 149 Million by 2032

The crossfit apparel market size accounted for about US$ 113 Million in 2022 and is anticipated to garner a revenue of around US$ 149 Million by 2032, advancing at a CAGR of 2.8% during the forecast period (2022-2032).

The ongoing health and wellness trend is the primary driver of the demand for crossfit apparel, prompting consumers to spend on this apparel, thereby fueling the overall crossfit apparel market growth.

Sales of crossfit apparel are on the surge as consumers focus on healthy regimes, and rising levels of health-consciousness are causing people to be pickier about gym clothes, personal training clothes, and casual work clothes. Increased participation in sports and adventurous activities such as cycling and trekking is anticipated to propel the crossfit apparel market size to a considerable extent.

Furthermore, the crossfit apparel market growth is also contributed by the fitness influencers’ aggressive efforts to promote active wear and attract consumers have resulted in the athleisure cult.

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Rising adoption of functionality-specific apparel and footwear, as well as technological advancements, are considered to improve the crossfit apparel market statistics.

Some of the most recent developments in the crossfit apparel market include functional clothing, which is made with anti-bacterial materials that can prevent body odour.

Companies are offering sports shoes and socks with specialized features in response to an increase in the incidence of foot diseases and allergies, in turn, augmenting their crossfit apparel market share.

The crossfit apparel market is categorized into product type, material type, consumer orientation, sales channel, and region.

Key Takeaways:

Based on consumer orientation, women segment is likely to lead the crossfit apparel market with a CAGR of 4.2% through 2032.
By sales channel, the e-commerce segment is expected to grow the fastest, owing to increased internet penetration and increased use of smartphones for online shopping, which allows consumers to compare products in real time and make informed decisions.
In Europe, which continues to be an important component of the global economy, Germany is considered to contribute significantly to the region’s crossfit apparel market size over the next few years.
The global market for top wear is forecasted to lead the crossfit apparel market with the US holding the largest regional crossfit apparel market share for the top wear segment.
APAC’s key markets for crossfit apparel are China and Japan, where the market in these regions is estimated to advance faster than the market in other regions.

Competitive Landscape:

Some of the notable players in the crossfit apparel market include Adidas AG, Reebok International Limited, Anta Sports Products Limited, ASICS Corporation, Columbia Sportswear Company, Elite Sportswear, LP., Hanesbrands Inc., NIKE, Inc., Patagonia, Inc., Puma SE, and Under Armor Inc.

The players in the crossfit apparel market have adopted acquisition as their primary development strategy in order to increase profitability and consolidate their crossfit apparel market share.

Major market players are coming up with various emerging trends in crossfit apparel market with the aid of these strategies.

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Key Segments

By Product:

Shirts
Pants
Others
Shorts
Sweatshirts & Hoodies
Tank-top

By Material Type:

Nylon
Wool
Polyester
Others

By Sales Channel:

Direct Sales
Franchised Stores
Specialty stores
Online retailers
Other sales channels
mono brand stores
wholesalers/retailers

By Consumer Orientation:

Men
Women
Unisex

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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Cell Culture Incubator Market to grow at a rate of 6.4% by 2022-2032 | Get Customized Reports

The global cell culture incubator market is anticipated to reach a value of US$ 4,347.9 Mn by 2032, with an estimated healthy CAGR of 6.4% over the forecast period of 2022 to 2032. The cell culture incubator market is likely to be valued at US$ 2,189.7 Mn in 2022. With expanding biotechnology sector, the demand for these incubators is also predicted to scale up over the projected period.

A cell culture incubator is an apparatus that allows the growth of cultured cells and bacterial culture inside a chamber and maintains this growth at a regulated temperature, optimal pH, consistent O2 regulation, humidity, and CO2 concentration. The growing demand and approvals for cell culture-based vaccines are fueling the market expansion for cell culture incubators. The increasing incidences of chronic diseases along with elevated demand for monoclonal antibodies are contributing factors to the target market growth.

A rise in the funding for cell-based research coupled with technological advancements achieved within cell culture incubators is accountable for further propelling the market growth. In addition to this, escalating demand for lab-on-chip devices, growing cases of human cells acting as medicinal agents as well as higher acceptance of microfluidics in biotechnology and industrial application also have a positive impact on the future prospects of the cell culture incubator market during 2022-2032.

“Rising demand for incubator designs that are user-friendly, flexible, and provide solutions that optimize growth is predicted to foster the growth of cell culture incubators market over the forecast period,” says an FMI analyst.

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Key Takeaways:

Introduction of sophisticated upgrades to the target product to stimulate market possibilities.
High cost and room for error within these incubators might deter the market growth.
The cell culture incubator market in North America accounts for 35% of the global market share.
Europe will likely acquire 29% of the overall market share.
By sensor technology, the infra-red segment is predicted to hold 42% of the global market share.

Competitive Landscape

Thermo Fisher Scientific Inc, Memmert GmbH + Co.KG, Binder GmbH, Panasonic, BioIVT, Sheldon Manufacturing, Inc., and others are some of the major players in the cell culture incubator market that are profiled in the full version of the report.

Major market players are focusing on incorporating technological advancements into their products. These businesses are engaging in product development and portfolio expansion to gain a competitive advantage.

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More Insights into the Cell Culture Incubator Market Report

In its latest report, FMI offers an unbiased analysis of the global cell culture incubator market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on type (air-jacketed cell culture incubators, water-jacketed cell culture incubators, direct heat cell culture incubators), sensor technology (infra-red cell culture incubator, thermal conductivity cell culture incubator), application (pharmaceutical applications, biomedical and clinical labs, government research, IVF processes, other applications), and region.

According to the latest FMI reports, based on region, the cell culture incubators market in North America is expected to exhibit impressive growth, accounting for 35% of the market share over the projected period. This growth is due to elevated demand for technologically advanced cell culture incubators in the research institutes and centers of this region.

In Europe, the cell culture incubators market is likely to acquire ownership of 29% of the global market share. Favorable regulatory guidelines, emphasis on improving healthcare with cell culture-based vaccines, low manufacturing costs, and the increasing interest of global market players in the European market are certain factors that promote the growth of the cell culture incubator market in this region.

The cell culture incubator market in the Asia Pacific is projected to register the highest CAGR during the forecast period. An increase in healthcare spending and growing awareness of cell and gene treatments are fueling this growth in the Asia Pacific region.

Based on segmentation, by sensor technology, the infra-red segment is expected to dominate the market with nearly 42% of the global market share over the forecast period. The benefits associated with this technology in various biotechnology research and development are likely to lead to the immense demand for the segment over the period of 2022 to 2032.

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Key Segments Profiled in the Cell Culture Incubator Industry Survey

Cell Culture Incubator Market by Type:

Air-jacketed Cell Culture Incubators
Water-jacketed Cell Culture Incubators
Direct Heat Cell Culture Incubators

Cell Culture Incubator Market by Sensor Technology:

Infra-red Cell Culture Incubator
Thermal Conductivity Cell Culture Incubator

Cell Culture Incubator Market by Application:

Cell Culture Incubators for Pharmaceutical Applications
Cell Culture Incubators for Biomedical and Clinical Labs
Cell Culture Incubators for Government Research
Cell Culture Incubators for IVF Processes
Cell Culture Incubators for Other Applications

Cell Culture Incubator Market by Region:

North America Cell Culture Incubator Market
Latin America Cell Culture Incubator Market
Europe Cell Culture Incubator Market
Asia Pacific Cell Culture Incubator Market
Middle East & Africa Cell Culture Incubator Market

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Metal & Metal Oxide Nanoparticles Market to Achieve A High CAGR Of 11.6% During Forecast Period -2032

The global metal & metal nanoparticles market is anticipated to register remarkable growth over the projection period ranging from 2022 to 2032. The global market is expected to reach a valuation of US$ 29,958.8 Mn by the year 2022 and a top estimation of around US$ 89,894.6 Mn by 2032.

Rising awareness about health, hygiene & well-being is the major factor propelling the demand for personal care products, which in turn is expected to boost the demand for metal & metal oxide nanoparticles. In the wake of surging desire for personal care products, the global metal & metal oxide nanoparticles market is projected to directly affect the personal care & cosmetics sector.

There is a drastic surge in the number of new nanoparticle characterization products attributed to the global expenditure on nanotechnology research rises. The global metal and metal oxide nanoparticles market is expected to grow rapidly in the coming years.

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Owing to the rapidly expanding application scopes of metal nanoparticles, metal nanoparticles are widely used within end-use industries such as pharmaceuticals and healthcare, personal care and cosmetics, chemicals, transportation, and others. According to the current estimations, the market growth for personal care products & pharmaceuticals drugs is expected to bolster the demand for Metal & Metal Oxide Nanoparticles during the projected period.

Key Takeaways

Several types and forms of nanomaterials are employed in the cosmetics business. It is a fact that rapid evaluation of a rising number of nanostructures is taking place owing to the advancements in research and development activities in the cosmetics sector.
For several companies, it has been a clear goal to find the best suitable and affordable nanomaterials in order to employ them in aesthetic applications. As opposed to cosmetics made on a smaller scale, nanoparticle-based products have certain distinct benefits.
The cosmetics industry uses nanoparticles (NMs) in order to achieve more stability and long-lasting effects. There is a large surface area of nanoparticles which is why the active components can be transported more effectively into the skin. New color components, transparency (like in sunscreens), and long-lasting effects (like in nail paint and lipstick) are other major applications of nanoparticles in cosmetics.
During the utilization process of NMs, the ultimate objective of the cosmetics industry is to administer the appropriate dosage of chemicals to the targeted body areas and to achieve long-term stability. NMs are now used frequently in skin care products, specifically, as UV filters in sunscreens.
Owing to the rising global spending on nanotechnology research, there is a quick surge in the number of novel nanoparticle characterization products. Several nations across the globe are now investing significant public funds in nanotechnology research and development initiatives. Hefty public investments were made in the business throughout the past decade. The U.S. makes considerable investments in the study of nanotechnology.

Key Companies Profiled

American Elements
U.S. Research & Nanomaterials Inc.
Nanoshel LLC
Meliorum Technologies Ltd
Nanostructured & Amorphous Materials, Inc.
Nanophase Technologies Corporation
Showa Denko KK
NanoComposix Inc.
Tekna Systèmes Plasma Inc.
Sigma-Aldrich Co LLC
Shanghai Huzheng Nanotechnology Co., Ltd

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Competitive Landscape

The global metal & metal oxide nanoparticles market is an immensely fragmented market with the presence of dominant market players all over the world. Key players are concentrating on expansion & partnership activities to boost their sales & global footprints. While other key players are concentrating to enhance their regional as well as global presence.

Metal & Metal Oxide Nanoparticles Market Segmentation

By Type:

Metal Nanoparticles
- Titanium
- Silicon
- Aluminum
- Iron
- Gold
- Copper
- Silver
- Magnesium
- Platinum
- Zinc
- Others
Metal Oxide Nanoparticles
- Titanium Oxide
- Bismuth Oxide
- Zinc Oxide
- Magnesium Oxide
- Aluminum Oxide
- Iron Oxide
- Copper Oxide
- Tungsten Oxide
- Others

By End-use:

Chemicals & Coatings
Pharma & Healthcare
Transportation
Personal Care & Cosmetics
Electrical & Electronics
Defense
Others

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More Insights into the Metal & Metal Oxide Nanoparticles Market

The United States is anticipated to dominate the North American region attributed of the better healthcare infrastructure & high investment in the healthcare segment. An important benefit of using nanoparticles for medical applications comprises their capacity to transport active ingredients.

One advantage of this is that therapeutic molecules can be anchored to their surface due to their large surface area. The Metal & Metal Oxide Nanoparticles market in the U.S. is expected to reach about US$ 15,128.3 Mn by end of the year 2032.

European cosmetics and personal care market is anticipated to go alongside the U.S. The largest national market for cosmetics and personal care products within Europe is Germany according to Cosmetics Europe Association. Therefore, the Metal & Metal Oxide Nanoparticles market in Germany is expected to expand at a CAGR of 14.1% during the forecast period.

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Active Wear Market is Anticipated to Have an Effective CAGR of 6.4% During The Period of 2022-2032

The active wear market size is expected to escalate at a CAGR of 6.4% from USD 421.2 billion in 2022 to USD 779.9 billion through 2032.

It is evident that COVID-19 has made an impact on the active wear market. In order to increase revenue and production of distilled liqueur, investment costs and the lack of employees both played a significant role. Nevertheless, major players in the active wear market adopted measures to advance the development of their products.

The online distribution channel is changing the shopping habits of people because it enables people to make purchases more quickly, has easier payment methods, a wide range of products that can be delivered to their doorsteps, and larger discounts, contributing to the growth of the active wear market during the pandemic, and it will further accelerate its growth during the post-pandemic stage.

One of the key factors contributing to the growth of the active wear market is the unique benefits offered by active wear, such as quick-drying, thermal resistance, breathability, chemical resistance, and static resistance.

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Active lifestyles are influencing the market positively due to the increase in people turning towards them. One of the key factors contributing to the growth of the active wear market is the unique benefits offered by active wear, such as quick-drying, thermal resistance, breathability, chemical resistance, and static resistance.

As a result of high design costs & volatile raw material costs, the active wear market is likely to face challenges related to a declining number of price-sensitive consumers in the forecast period of 2022-2032.

KEY TAKEAWAYS:

The active wear market is predicted to develop at a CAGR of 6.4% in the wireless local area network (WLAN) controller’s section of the solution category.
The CAGR for the outdoor segment of the location type category in active wear market is estimated to remain high.
In the United States, the active wear market is estimated remain dominant during the forecast period.
By 2032, the active wear market in the United Kingdom is expected to grow at a high CAGR during the forecast period
China is expected to remain a key region in the Asia Pacific active wear market by 2032.

COMPETITIVE LANDSCAPE:

Key companies profiled in the active wear market include Adidas AG, Mizuno USA, NIKE, Inc., Decathlon, Gap Inc, Under Armour, Inc, PUMA SE, Jockey, Skechers U.S.A., Inc, Dick’s Sportswear Company, PVH Corp, V.F. Corporation, Forever21 Inc., H&M Hennes & Mauritz AB.

Due to the significant development in the trend of athleisure wear, which has become part of office and casual wear, the North American activewear industry dominates the global market. The increasing popularity of sporting events and the increasing usage of activewear by sports fans is the major reason for the rapid growth of the European activewear market.

As a result, there is a higher demand for activewear products, such as t-shirts and outerwear in the market. Furthermore, increasing concerns about health & wellness, and an increase in participation in sports activities among the youth population, the Asia-Pacific region is set to record the highest growth rate.

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Key segments

By Product Type:

Tops & T-Shirts
Sweatpants & Yoga Pants
Skirts & Skorts
Tracksuits
Sweatshirts/Jacket
Others (Sports Shoes)

By Material Type:

Cotton
Polyester
Neoprene
Polypropylene
Spandex
Others

By Consumer Orientation:

Male
Female
Unisex

By Price Range:

Economy
Mid-Range
Premium

By Sales Channel:

Offline Sales Channel
Online Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa (MEA)

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Network Attached Storage (NAS) Market is Predicted to Rise at a CAGR of 14.2% from 2022 to 2032

The network attached storage (NAS) market is projected to appear at a valuation of US$ 116.6 Bn by 2032 from US$ 31 Bn in 2022, rising quickly at a CAGR of 14.2% all through the check period.

The rising social event of 4G and 5G advances, the production of high-volume robotized content, and the making usage of telephones, computers, and tablets, which accomplish the time of goliath extents of information, are the key drivers driving the improvement of network attached storage (NAS) market.

The fundamental drivers of the network attached storage market are the rising fundamental to get to information in the corporate network and the web whenever and from any area. The rising use of remote and virtual office settings, business development organizing, and the need to offer workers with far off authorization to corporate networks, thusly, are driving interest for network attached storage (NAS) progression.

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Business activities need the reinforcement of touchy information, and network attached storage (NAS) frameworks are the best arrangement. The expanded utilization of network attached storage (NAS) innovation is because of the utilization of reinforcement targets and records to store information duplicates.

Key Takeaways 

The market size for network attached storage (NAS) in the United States is expected to reach US$ 41.5 Bn by 2032, growing at a CAGR of 13.9% during the research period.
United Kingdom is expected to reach a market size of US$ 4.8 Bn in network attached storage (NAS) by 2032, with a CAGR of 12.8% during the research period.
China’s network attached storage (NAS) market is expected to be worth US$ 8.4 Bn by 2032, with a CAGR of 13.5% over the forecast period.
Japan is expected to have a market size for network attached storage (NAS) of US$ 6.7 Bn by 2032, with a CAGR of 12.4% during the research period.
By 2032, South Korea is expected to reach a market size of US$ 4.2 Bn in network attached storage (NAS), with a CAGR of 11.7% during the research period.
In the design sector, 1 Bay to 8 Bays from the network attached storage (NAS) market is anticipated to flourish at the quickest CAGR of 14.2% through 2032.
With a CAGR of 14.0% through 2032, midmarket NAS solutions are predicted to grow significantly in the product sector of the network attached storage (NAS) market.

Competitive Landscape:

The market for network-attached storage is very fragmented. Previously, the network attached storage (NAS) market was dominated by the key companies. However, an increased business need for data storage is driving many new companies into the network attached storage (NAS) market, making it competitive.

ZyXEL Communications Corporation, Thecus Technology Corporation, Drobo Inc., Asustor Inc., Dell EMC, Buffalo Technology Inc., Hewlett-Packard Development Company, Hitachi Data Systems Corporation, NetApp Inc., International Business Machines (IBM) Corporation, Seagate Technology PLC, and others are among the key network attached storage (NAS) market players.

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How are Some Challenges Stifling Network Attached Storage (NAS) Market Growth

As network attached storage (NAS) is a type of storage connected to a computer system and delivers file services, cyber attackers can access this data, posing a cyber security concern. This is anticipated to be a challenge that might hamper the growth of the network attached storage (NAS) market during the forecast period.

Data security and privacy are critical characteristics for network-connected storage systems servers and hardware. Failing to provide data security, the network attached storage (NAS) market is likely to face challenges throughout the forecast period.

Recent Development:

HITACHI VSP 5000 was released in March 2021. It is the fastest NVME flash array in the world. It provides workload diversity, which means it can handle any workload, from mainframe to container. It has the appropriate size capacity and service levels. It is built with a combination of NVMe and SAS, which helps to maximize performance and workload cost. Powerful virtualization extends the capabilities of older systems. It is a quick and simple transition to NVMe and SCM over Fabrics (NVMe-oF).
June 20, 2021 – The sheer performance of Dell EMC’s Unity XT hybrid storage systems ensures that controllers do not become the limiting factor, allowing users to extend as needed to stay up with application IOPS, latency, and capacity expansion, and are built for 5-9 availability. The IO of the Unity XT hybrid array is boosted with FAST Cache or SSD Read Cache to offer flash performance with lower-cost MLC flash drives.
QNAP Systems Inc. published the QTS 4.4.2 NAS operating system in April 2020. QTS 4.4.2 not only improves system security and storage scalability but also improves storage expandability with physical JBOD devices to meet file storage and backup requirements.
NetApp Inc. purchased Talon Storage (US) in March 2020, a pioneer in next-generation software-defined storage solutions, to help global companies centralise and consolidate IT storage infrastructure to public clouds.
Synology Inc. released the DiskStation DS420j (a 4-bays network attached storage (NAS) server) in January 2020, a file syncing and sharing solution that covers the diverse capacity demands of home customers.
Acronis, a global leader in cyber protection, awarded WESTERN DIGITAL CORPORATION a contract in March 2020 to deliver its Ultrastar Data60 and Ultrastar Data102 high-capacity hybrid storage platforms, which will assist Acronis in meeting capacity demands and supporting the business’ long-term expansion plans efficiently and cost-effectively.

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Neuromarketing Solutions Market is Anticipated to Have a Steady CAGR of 7.5% during 2022 to 2032

The neuromarketing solutions market, which was esteemed at US$ 1.6 billion of every 2022, is anticipated to increment at a 7.5 percent build yearly development rate (CAGR) to arrive at US$ 3.2 billion by 2032.

Administrative and cost-, portability , and adaptability related difficulties related with neuromarketing solutions might block the neuromarketing solutions market’s development before long, regardless of the market’s promising potential.

Neuromarketing is acquiring notoriety in the media, publicizing, and telecoms enterprises. Some notable organizations are spending vigorously in the investigation of different parts of neuromarketing to all the more likely comprehend their reactions to media and publicizing efforts, which is moving the neuromarketing solutions market. The interest for purchaser conduct research is likewise filling the development of the neuromarketing solutions market.

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Since viable examination requires a huge example of information, Covid-19’s effect on the neuromarketing solutions industry is supposed to be helpful soon. Since individuals are being restricted to their homes because of the overall lockdown, information gathered from the genuine world, for example, physical shops, will be enormously diminished.

The overall store network was disturbed, and fabricating offices were covered because of regulation authorized by different countries across the world, which influenced the formation of neuromarketing solutions insignificantly.

The market for neuromarketing solutions is divided into functional magnetic resonance imaging (fMRI), magnetoencephalography (MEG), eye tracking, electroencephalography (EEG), and positron emission tomography (PET) based on technology (PET).

The fMRI sector topped the neuromarketing solutions market with a 47.6% share, closely followed by the EEG segment. Although the mobility and expense of fMRI equipment are a worry for end users, the demand for this technology will not be hampered in the next years, assuring the segment’s continuous dominance.

EEG is the second-most often used technology in neuromarketing solutions, and it is projected to stay so in the next years. In the near future, eye tracking is predicted to pique the interest of experts working in the field of advertising research.

The majority of eye tracking technologies are used in advertising and media studies. Companies that provide eye tracking solutions are likely to be actively involved in the process of creating improved remote as well as mobile eye tracking solutions, as a result of which the neuromarketing solutions market is expected to grow at a rapid rate.

Asia Pacific, Europe, the Middle East and Africa, the United States, and South America are the world’s most important regional markets for neuromarketing solutions. Among them, the United States has emerged as the major contributor to the global market for neuromarketing solutions.

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With the United States as the headquarters of a huge pool of top enterprises operating in this sector. Europe is another important geographical market for neuromarketing solutions globally. Analysts expect that increased investments and economic advancements in the United Kingdom will boost neuromarketing solutions market in the future years.

The Asia Pacific is expected to see a major increase in its neuromarketing solutions market in the near future, with China expected to dominate the Asia Pacific market for neuromarketing solutions. The Middle East and Africa markets are likely to develop slowly, while the South American market will be hampered by regulatory obstacles.

Key Takeaways:

In the technology sector, Functional Magnetic Resonance Imaging (fMRI) from the neuromarketing solutions market is anticipated to flourish at the quickest CAGR of 8.2% through 2032.
The market size for neuromarketing solutions market in the United States is expected to reach US$ 1201.7 Million by 2032, growing at a CAGR of 8.4% during the forecast period.
United Kingdom is anticipated to reach a market size of US$ 411.9 Million in Neuromarketing solutions by 2032, with a CAGR of 8.1% during the forecast period.
China’s Neuromarketing solutions market is anticipated to be worth US$ 305.9 Million by 2032, with a CAGR of 9.7% over the forecast period.
Saudi Arabia is expected to have a market size for Neuromarketing solutions of US$ 75.6 Million by 2032, with a CAGR of 6.1% during the forecast period.
By 2032, Brazil is expected to reach a market size of US$ 46.9 Million in neuromarketing solutions, with a CAGR of 5.5% during the forecast period.

Competitive Landscape:

The global market for neuromarketing solutions has a highly consolidated competitive landscape. Some of the top competitors in this market are EB Neuro S.p.A., Cadwell Industries Inc., Compumedics Ltd., ISCAN Inc., SR Research, LC Technologies, SensoMotoric Instruments, iMotions, and Tobii Technology.

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How does COVID-19 influence the Neuromarketing solutions Market?

The impact of Covid-19 on the neuromarketing solutions market has been significant because individuals have been confined to their houses as a result of the worldwide lockdown, and the data generated from brick-and-mortar showrooms and such has been decreased.

The manufacturing of neuromarketing systems is also projected also be harmed because the global supply chain has been disrupted, and manufacturing sites have been shut down completely.

The pandemic has impacted the number of neuromarketing solutions market opportunities prevalent in the industry.

Key players

E.B Neuro S.P.A
Cadwell Industries, Inc
Compumedics Limited
ISCAN, Inc
SR Research
IMotions
Tobii Technology

Key Segments

By Technology:

Functional Magnetic Resonance Imaging
Electroencephalography
Eye Tracking
Positron Emission Tomography
Magnetoencephalography

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
South America

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Life Science Analytics Market is Projected to Grow at a US$ 68.6 Billion From 2022 to 2032

As per a report, the worldwide life science analytics market is assessed at US$ 22.1 Billion out of 2021 and is projected to arrive at US$ 24.8 Billion by 2022. It is anticipated that the market will develop at a CAGR of 10.7% somewhere in the range of 2022 and 2032. As per Future Market Experiences, the business is ready to arrive at a valuation of US$ 68.6 Billion toward the finish of the previously mentioned figure time frame.

With life science, artificial intelligence can be prepared to separate disease cells in the lab, examine complex genomic datasets, and recognize designs in clinical pictures, similar to x-beams. What’s more, analytics can likewise distinguish startling or novel examples and foresee treatment reactions by breaking down customer, treatment, demonstrative, and lab information put away in regular language.

Companies in the life sciences are finding it increasingly difficult to handle exponentially growing data volumes. Algorithms that use machine learning might be able to help analyze data and decide which parts of it are relevant, allowing huge amounts of data to be analyzed for insights.

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Moreover, AI can be used in repurposing drugs and developing new drugs, as well as in diagnosing diseases more swiftly and providing more efficient treatments, as well as identifying hypotheses based on data.

Key Takeaways

Life science analytics experienced a growth rate worth 11.8% between 2016 and 2021
The global life science analytics market is valued at US$ 39.9 Billion in 2026, during the forecast period.
Software components in the life science analytics segment to expand at a CAGR of 10.1% during the forecast period
In the U.S., the market is predicted to reach US$ 27.5 Billion while growing at a CAGR of 10.7% during the forecast period.
Life science analytics applications in research and development are expected to grow at a CAGR of 11.8% during the forecast period.
China’s market is expected to reach a market value of US$ 6.3 Billion with a CAGR of 18.6% during the forecast period.

“With custom solutions tailored to healthcare needs and a cloud that can deploy massive amounts of data, pharmaceutical companies will be able to garner much more value in the future,” says an FMI analyst.

Competitive Landscape

Key Players that have been profiled in the report are Accenture PLC, Cognizant Technology Solutions Corporation, IBM Corporation, MaxisIT, Inc., Oracle Corporation, IQVIA (Quintiles, Inc.), SAS Institute Inc., Scio Health Analytics, Take Solutions, Inc., Wipro Limited, and SAP SE are among companies that offer products and technologies that will allow customers to take advantage of new technologies.

In March 2022, EQT closes the acquisition of LSP and launches EQT Life Sciences. As announced on 10 November 2021, EQT AB completed the acquisition of LSP after signing a definitive agreement on 28 February 2022. EQT has issued 7,548,384 shares to LSP’s selling shareholders, representing a dilution of approximately 0.8 percent, as part of the total consideration of EUR 475 million. Following the completion of the Transaction, EQT will have 993,828,524 ordinary shares issued and outstanding.
For $2.2 billion, TPG Capital will purchase ClaimsXten, Change Healthcare’s claims editorial service, from UnitedHealth in April 2022. In order to proceed with ClaimsXten’s sale, UnitedHealth will have to acquire Change Healthcare first. The deal has been put on hold after the U.S. Department of Justice filed a lawsuit. Reports indicated that UnitedHealth hoped to acquire Change Healthcare for $8 billion through the sale of ClaimsXten.

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More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global life science analytics market, presenting historical market data (2016-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on component (software and services), application (clinical and preclinical trials, regulatory compliance, research and development, sales and marketing and supply chain management), type (descriptive analysis, predictive analysis and prescriptive analysis), and end-use application (biomedical companies, laboratory, and pharmaceuticals and medical device companies across five major regions (North America, Europe, Asia Pacific, Middle East and Africa and South America).

Key Segments Covered in the Life Science Analytics Industry Report

Life Science Analytics by Component:

Life Science Analytics Software
- On-premise Life Science Analytics Software
- On-demand Life Science Analytics Software
Life Science Analytics Services
- Professional Life Science Analytics Services
- Managed Life Science Analytics Services

Life Science Analytics by Application:

Life Science Analytics for Clinical and Preclinical Trials
Life Science Analytics for Regulatory Compliance
Life Science Analytics for Research and Development
Life Science Analytics for Sales and Marketing
Life Science Analytics for Supply Chain Management

Life Science Analytics by Type:

Descriptive Life Science Analytics
Predictive Life Science Analytics
Prescriptive Life Science Analytics

Life Science Analytics by End-Use Application:

Life Science Analytics in Biomedical Companies
Life Science Analytics in Laboratory and Pharmaceuticals
Life Science Analytics in Medical Device Companies

Life Science Analytics by Region:

North America Life Science Analytics Market
Europe Life Science Analytics Market
Asia Pacific Life Science Analytics Market
Middle East and Africa Life Science Analytics Market
South America Life Science Analytics Market

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