Waterless Cosmetics Market is Expected to Reach US$ 8.9 Bn in 2031 and CAGR of over 13.3%

The waterless cosmetics to grow rapidly between 2021 and 2031, with a CAGR of over 13.3%. (FMI). The research study analyses the sales of waterless cosmetics in more than 20 countries and paints a clear picture of the future development of the growing trend.

The study tracks sales of carpet and flooring in more than 20 countries and provides a clear forecast of how growth will proceed.

The study shows that sustainability has moved from being an afterthought to being at the forefront as a large number of carbon-conscious consumers demand goods that are in line with issues they care about.

For designers, architects, and the clients they create for, sustainability is unquestionably important. When flooring and carpet are chosen for further design, it indicates that the companies are already working toward sustainability due to the minimal waste that is produced during installation.

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Over 37% of market sales are for skincare items, a particular product category. Creams, lotions, serums, cleansers, and other items that are waterless are included in this category. In the upcoming years, it is anticipated that the growing demand for natural and organic cosmetics would propel the market for waterless cosmetics.

Key Takeaways from the Waterless Cosmetics Market Study

  • Rising demand for sustainable beauty products will enable the waterless cosmetics market reach a valuation of US$ 8.9 Bn by 2021
  • Besides high awareness, willingness to spend on sustainable beauty formula will drive waterless cosmetics sales in the U.S., which is expected to account for nearly 80% of the North America market
  • Increasing demand for organic skincare will enable the U.K. market to exhibit 5.3% y-o-y growth in 2021 following a period of lull in 2020
  • The demand for cruelty free, vegan, and organic cosmetics will drive sales of waterless cosmetics in India
  • Expansion of the beauty sector in Japan and South Korea will drive sales in East Asia

Impact of COVID-19 on the Market:

Global demand for waterless cosmetics was growing at a moderate rate prior to the COVID-19 pandemic. Major international markets have experienced dual effects following the pandemic. Store closures in various regions had a significant impact on the growth of beauty products, including waterless cosmetics, as store-based retailing is a significant distribution channel in the beauty industry.

The demand for eco-friendly skincare products has increased in the aftermath of the pandemic, with stay-at-home orders and safer-at-home advisories issued across the world. Additionally, shortage of workers in the sector, less consumption, high cost of production, and shortage of raw materials among other factors have been hampering the waterless cosmetics market.

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Who is Winning?

Some of the key players present in the waterless cosmetics market are Unilever Plc., The Waterless Beauty Company, L’Oreal SA, Kao Corporation, The Procter & Gamble Company, Loli, Clensta, Ruby’s Organics, Taiki USA, Ktein, Niconi, True Botanicals, Allies Group Pte. Ltd., Lavedo Cosmetics, May Coop, No Cosmetics, Azafran Innovacio006E, and Carter + Jane, among others. Players in the industry have begun to offer discounts on cosmetic brands in order to entice end users to embrace the most up-to-date waterless cosmetics.

Waterless Cosmetics Market by Category

Product Type:

  • Skincare
  • Hair Care
  • Cosmetics
  • Others

Sales Channel:

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Departmental Stores
  • Online Retail
  • Other Retail Formats

Price Range:

  • Economy (Below US$30)
  • Mid-Range (US$30 to US$60)
  • Premium (Above US$60)

Region:

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

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Disposable Masks Market to Reach Valuation of US$ 4.9 Bn in 2022

The global disposable masks market to grow at a 7% CAGR over the forecast period, with the market valuation reaching US$ 4.9 Bn in 2022. Growing emphasis on the safety of healthcare personnel is expected to boost the market, pushing the market valuation to US$ 9.7 Bn in 2032.

Currently, consumers are increasingly purchasing personal protective equipment such as disposable face masks to protect against viruses and other infectious diseases. The disposable masks market witnesses accelerated demand following the global outbreak of Coronavirus, which originated in China in December 2019.

On account of the rising cases of coronavirus and other infections across the globe, companies are significantly focusing on increasing their production capacity and expanding their product availability to minimize the risk of infection among the population.

Moreover, there is an increasing demand for specialized masks known as N95 respirator masks among doctors, nurses, medical workers, and others who are treating patients identified with positive symptoms of coronavirus, as these masks protect against the virus. This is one of the primary factors increasing the demand for disposable marks across the globe.

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Key Takeaways from the Disposable Masks Market Study

  • According to the report, prominent players and small scale manufacturers have significantly increased their production capacity to ensure the continuous supplies of disposable masks across the globe due to the rise in demand for such products.
  • The companies and governments worldwide are considerably boosting product supply, easing export restrictions, and putting measures in places to reduce the infectious spread.
  • East Asia is expected to retain its dominance in the global disposable masks market, due to increasing government initiatives to increase product availability at hospitals and other healthcare centers along with the rise in consumer awareness to protect from infectious, and other chronic diseases in the region.
  • Among product type, dust disposable marks segment is anticipated to show a relatively higher CAGR in the global disposable masks market in the near future, as it prevents from inhaling smoke, dust, mist, vapours and harmful gases.

An increase in adoption for surgical disposable masks among the general population and a rise in the prevalence of infectious diseases among the elderly population are the factors anticipated to propel the demand for disposable masks in the foreseeable future.

The rise in demand for disposable marks during mining, construction, chemical, food processing, and other industrial applications, along with growing hospital-acquired infections cases caused by viral, bacterial, and other fungal pathogens are some factors expected to further drive demand for disposable marks across the globe. According to the Centers for Disease Control (CDC) statistics, in American hospitals, around 1.7 million infections and 99,000 deaths, every year are associated with hospital-acquired infections (HAIs).

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Who is winning?

Some of the key players operating in the disposable masks market are Kimberly-Clark Corporation, 3M Company, Besco Medical Limited, Honeywell International Inc., Valmy SAS, Ansell, Moldex Corporation, Uvex Group, Kowa Company. Ltd., SAS Safety Corporation, Kwalitex Healthcare Pvt Ltd., Eagle Health Holdings Limited, Medicom Group, and others.

Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into the new business segment. Besides this, companies are significantly expanding their production capacity to meet growing demand in hospitals, long term healthcare centers, mining, food industry, and other applications. Companies are also significantly investing in inorganic growth through mergers and acquisitions allows them to gain a competitive advantage.

  • In March 2020, Eagle Health Holdings Limited has expanded its production capacity of disposable medical masks at a pharmaceutical facility in China. The company has expected to produce around 300 million units annually.
  • In January 2020, The 3M Company has increased its production capacity of N95 respirator masks at its facilities worldwide due to coronavirus outbreaks. The company has expanded its assembly line with robots and employees at manufacturing facilities are working overtime to meet global demand.

Disposable Masks Market by Category

Product Type:

  • Surgical
  • Respirator
  • Dust

Application:

  • Industrial
  • Hospital
  • Personal

Closure Type:

  • Earloop Closure
  • Headband Closure
  • Tie Closure

Sales Channel:

  • Direct/B2B
  • Indirect/B2C

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

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Sales of Pet Grooming Market to Reach US$ 2.5 Bn by 2032 and will Rise Nearly Twice over 2022-2032

The value of pet grooming market  poised to total US$ 1.3 Bn in 2022. The firm’s recent global pet grooming tracker reveals that it will boost sales at a healthy 6.2% CAGR.

While supply shortages affected market’s capital performance in Q1 of 2020 and initial weeks of Q2 of 2020, sharp decline in consumer demand has been key factor behind sales dip. COVID-19-induced lockdowns and measures have triggered physical retail closures for extended time periods worldwide, leading to notable decline in demand.

Pet Grooming Market Size Study

  • Sales of pet grooming products will rise nearly twice over 2022-2032
  • About 6 out of 10 pet grooming products to be sold will be conditioners & shampoos
  • Majority of pet grooming products will be developed for dogs and cats
  • Economy/mid-range pet grooming products continue to generate greater total returns to shareholders
  • Market players to channelize their investments towards modern trade over following decade
  • North America and Europe will remain epicenter of growth opportunities, owing to surging trend of pet humanization

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“Retailers have to step up from economical and mid-priced pet grooming products to premium ones to encourage pet owners to spend more and experience better quality. Ensuring enhanced consumer experience in click and brick-and-mortar stores will allow pet owners to leverage both offline and online platforms,” says analyst at FMI.

COVID-19 Impact on Pet Grooming Market

While the global retail industry has taken hard hit due to COVID-19 pandemic, in particular, certain sub-categories of the industry have sustained the shockwaves, thanks to stay-at-home protocol. Among these is the pet grooming market.

New market entrants are actively looking for countercyclical categories amidst the public health crisis. Future-approved business models must include competitive pricing structure, clear value proposition, and unique delivery mechanism. In addition, stakeholders must ensure to integrate subject matter experts including, skilled pet professionals, into their advisory board to authenticate medical claims, product concepts, and lend credibility.

With more people owning pets and owners increasingly spending to improve health and lifestyle of their pets, the global pet grooming industry will experience unprecedented growth during this tough phase.

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Pet Grooming Market – Competitive Intelligence

The global pet grooming market is highly fragmented, with presence of several players joining industry competition. Market players are continuously involved in developing cutting-edge products with an aim to expand their consumer base and, in turn, ensure better margins. For instance,

  • Australia-based, Oakwood Products has rolled out assembly of pet care and grooming products in the US. The products – derived from ingredients native to Australia – are developed to keep pets’ coats professionally shiny and clean. The assembly includes nine product SKUs containing conditioners, shampoos, pet odor and stain removers, and grooming tools.
  • Atronia Innovations has developed new pet grooming device – Groomade – using cutting-edge air-touch technology. The proprietary technology ensures that any non-skilled individual can trim, comb, and groom his/her pet’s hair and fur akin to professionals. Moreover, the innovative product creates perfect cuts, is ideal for all dog breeds’ fur and coat types, and vacuums every hair strand that falls off during grooming session.

Pet Grooming Market by Category

Product Type:

  • Conditioners & Shampoos
  • Combs & Brushes
  • Shear & Trimming Tools

Pet Type:

  • Dogs
  • Cats
  • Birds
  • Fish & Reptiles
  • Small Pets
  • Horses & Other Livestock

Price Range:

  • Economy/ Mid-Range
  • Premium

Sales Channel:

  • Modern Trade
  • Convenience Stores
  • Care Service Centers
  • Online Retail
  • Support Care Centers
  • Pet Specialty Stores

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

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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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Gym Apparel Market to Follow a Growth Rate of 6.2% during the forecast years 2022 to 2032

The global gym apparel market to follow a growth rate of 6.2% during the forecast years 2022 to 2032. The net worth of the gym apparel market share is expected to reach US$ 384.8 Billion by the year 2032, increasing from US$ Billion in the year 2021.

The global market assessment on gym gear goods reported that during the first few months of the Covid-19 pandemic, gym apparel sales significantly decreased. Having said that, this new market research analysis on gym apparel data explains some of the positive effects of Covid-19, which were crucial in driving up demand for gym clothing in the years that followed.

Many people were urged to start their own personal gyms or join ones in their communities in response to the lockdown’s increasing length. Very soon after the Covid-19 pandemic outbreak, there was a significant increase in the number of people going to the gym every day, which fueled the expansion of the gym clothing business.

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Gym gear producers are introducing new innovative components into their products to meet the current demands of the burgeoning smart wear trend.

Furthermore, several technological advancements aimed at boosting user performance and comfort are projected to help the gym gear business. One of the biggest breakthroughs for the rising trends in the gym gear market is the introduction of smart nanotechnology fabric.

Key Takeaways

  • The present value of the global gym apparel market is estimated to be around US$ 210.8 Billion in the year 2022.
  • The net worth of the global gym apparel market is expected to witness an absolute increment of US$ 174 Billion over the forecast period of 2022 to 2032 that may take the net worth up to US$ 384.8 Billion by the end of 2032.
  • Sweatshirts and tanks are the most popular product type segment of the gym apparel market share that is expected to witness the highest the growth rate of nearly 4% during the forecast period.
  • Online retailers or e-commerce platforms are the rapidly expanding segments for the global gym apparel market future trends on the basis of the supply chain.

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Leading Companies Profiled in Gym Apparel Market are

  • Adidas AG
  • ASICS Corp
  • Columbia Sportswear
  • Dick’s Sporting Goods Inc.
  • G-III Apparel Group Ltd.
  • Gildan Activewear Inc.
  • Hanesbrands Inc.
  • Nike Inc.
  • PUMA SE
  • PVH Corp
  • VF Corp
  • New Balance

Key Segments

By Product Type:

  • Shirts
  • Pants
  • Shorts
  • Sweatshirts
  • Hoodies
  • Tank-top
  • Others

By Material Type:

  • Nylon
  • Wool
  • Polyester
  • Others

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Sales Channel:

  • Direct Sales
  • Franchised Stores
  • Specialty Stores
  • Online Retailers
  • Mono Brand Stores
  • Wholesalers or Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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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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Men’s Grooming Products Market to Grow at a 4.5% CAGR during the predicted period by 2032

The men’s grooming products market is projected to grow at a 4.5% CAGR during the predicted period. By 2032, the current US$ 55.5 billion market for men’s grooming products is projected to generate double that much in revenue.

The COVID-19 pandemic has had a moderate impact on the market for men’s grooming products because so many social gathering places and offices were shut down.

These factors have consequently decreased the demand for men’s grooming products, especially shaving products. The rise of do-it-yourself (DIY) grooming is a significant trend in the market for men’s grooming products.

Because of worries about close physical contact, many beauty salons have closed, and even in areas where they haven’t, customers are skipping services.

Men are experimenting with their appearance as a result, which has slightly increased sales of men’s grooming products during the lockdown period.

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Which Factors are Driving Sales of Men’s Grooming Products?

The demand for natural, clean-label and organic goods in the men’s grooming products market has surged as public awareness of the detrimental effects of chemical compounds often used in grooming items, such as shaving creams, has grown.

Males increasingly prefer natural grooming products to chemical-based grooming products. This has led to a rise in demand for men’s grooming products and sales of products that are safe, natural, organic, and cruelty-free in recent years.

The rise in the trend of premiumization in demand for men’s grooming products, with an increased impact of clean-label ingredients, has led to the high price of organic men’s grooming products which may affect the sales of men’s grooming products.

Furthermore, a rising number of primary producers in the men’s grooming products market are hiring various celebrities from the domains of sports and entertainment to advocate their goods to persuade consumers to use these endorsed items and increase demand for men’s grooming products as well as sales of men’s grooming products.

P&G’s Gillette, for example, used a variety of promotional techniques, including celebrity endorsement arrangements with Ashton Eaton, Neymar Jr., David Beckham, Roger Federer, and Ryan Lochte.

What is the Regional Outlook of the Men’s Grooming Products Market?

Men in the Asia-Pacific area are growing more mindful of their appearance and anxious that an untidy, ungroomed look may harm their prospects of social and career success, resulting in increased demand for men’s grooming goods and increased sales of men’s grooming products.

The men’s grooming products market, ranging from essential personal grooming items to skincare and cosmetics, has continued to witness a significant rise in demand for men’s grooming products in China over the last several years.

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Chinese millennials and the younger generation mainly drive the men’s grooming products market; thus, the market is expected to increase significantly throughout the projection period.

In recent years, demand for men’s grooming products has grown as Indian men have become more conscious of their appearance as a result of the rise of social media platforms such as Instagram and Facebook, where they are exposed to celebrity grooming routines and a plethora of new products that offer targeted solutions for escalated demand for men’s grooming products as well as sales of men’s grooming products.

The retail men’s grooming products market has benefited from the growth in disposable income in the hands of the youth. Furthermore, due to the vast range in men’s grooming products market available in various online retail shops such as Amazon, Flipkart (by Walmart), Nykaa, JioMart, and others, E-commerce helped raise sales of men’s grooming products in India throughout 2020.

Which Region Offers the Largest Opportunity for Sales of Men’s Grooming Products?

North America is predicted to be the most attractive men’s grooming products market producer, with an absolute dollar opportunity of roughly US$ 14,097.4 Mn.

The region’s men’s grooming products market has moved from a traditional concentration on shaving to a broader view of personal care in recent years.

As a consequence of the rising demand for a trimmed beard over a shaven look, consumers are adopting a variety of shaving practices, increasing sales of men’s grooming products across the area.

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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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Blanket Market is Valued to be USD 7.9 billion in 2022 and USD 9.9 billion by 2027

The global blanket market is valued to be USD 7.9 billion in 2022 and USD 9.9 billion by 2027, growing at a CAGR of 3.7 percent between 2017 and 2021. The worldwide blanket market holds a stake of around 1% in its parent sector, the global home bedding industry.

As per newly released data by Future Market Insights (FMI), the demand in the blanket market grew at approximately 4.5% CAGR in the forecast year, reaching a market valuation of US$ ~7 Bn in 2020.

Customers in the US especially, the working class are highly keen on premium and luxury products in their residential areas, therefore, the blanket market is projected to grow with a CAGR of over ~4%. Also, with the rapidly evolving lifestyle patterns and urbanization, the possession of houses is growing in the US, which is likely to enable growth in terms of volume of sales of the blanket market.

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Key Points Covered in Blanket Market Survey

  • Market estimates and forecast 2013-2027
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis

Besides launching eco-friendly products, companies are partnering with environmental protection groups to promote cruelty-free and chemical-free manufacturing. Such efforts undertaken by various organizations such as Shades of Green, Boll & Branch, and Pottery Barn are likely to promote sustainable and eco-friendly bedding and help the market grow.

Key Takeaways from the Plush Blanket Market Study

  • Full-size blankets are expected to hold the leading revenue share of 21.4% in the market in 2021.
  • The U.S. will hold a share 87.7% in North America in 2021, owing to the high penetration of key players in the country.
  • India is a key market in South Asia, registering growth at above 10.3% CAGR owing to higher spending on premium products in the country and increasing development in the real estate category.
  • Europe will continue showcasing lucrative opportunities for the plush blanket market. Demand in Germany and the U.K. will continue supporting growth in the region.

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Who is Winning?

Some of the leading players in the market are Berkshire Blanket & Home Co., American Blanket Company, FleecePro, Sunbeam Products, Inc., ADORNit, Plush Addict Ltd., Robert Kaufman Co., Inc., Shannon Fabrics Inc., Venus Group, The Company Store, The Northwest Company, among others.

Market players are focusing on the expansion of their product portfolio. Some of them are increase their sales by expanding their business portfolio by collaborating with e-commerce supply channels.

For instance, in 2021, PIXERS launched a customized plush blanket that is soft and warm, suitable for the bedroom, kid’s room and the living room as a bedspread or additional cover. This factor helps the company to gain customer attention in the market.

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Global Blanket Market by Category

By Product Type:

  • Electric Blanket
  • Regular Blanket

By Material Type:

  • Wool
  • Cotton
  • Polyester
  • Others

By End-User:

  • Residential
  • Commercial

By Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Independent Small Retailers
  • Online Retailers
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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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 5-years.

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Massage Guns Market to Reach US$ 1,042.5 Mn by 2032 Due to More People are Favouring Massage Chairs

The global massage guns market is estimated to reach a valuation of US$ 509.0 Mn in 2022. Sales are projected to increase at a 7.4% CAGR, with the market size reaching US$ 1,042.5 Mn by 2032.

More people are favouring massage chairs with quick recovery times. Manufacturers of massage guns are embracing consumer-centric strategies to boost their sales and brand recognition.

Because they are portable and simple to use, massage guns are popular among athletes. Ideally, only a few factors play a role in consumers’ choice of purchases. Brand identity has a big influence on a lot of them. Not all of them, though, exhibit brand loyalty.

In order to strengthen their presence across various channels and develop a strong brand portfolio, businesses must act immediately. The functionality follows.

For instance, in the case of massage gun, consumers often judge them on the basis of their efficiency. Therefore, products with higher wattage are likely to enjoy better goodwill which will be drawn by higher convenience and efficiency.

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Consumers are increasingly adopting e-commerce platforms to purchase electronic items including massage gun, as they can avail special discounts and prices on a wide range of products.

In addition to this, e-commerce websites also help make the products as per the specific requirements of the customer, even if the product is not available in the market in a particular region. Leading e-commerce sites, including Alibaba and Amazon, are offering an extensive range of products from around the world.

Factors such as easy product accessibility, convenience, and ease of shopping irrespective of geographic presence will continue pushing sales of massage guns through online channels over the forecast period.

“Increasing preference for portable massage guns among sports personnel and athletes is expected to drive sales in the market. Besides this, growing popularity of smart massage gins with temperature and vibration control is anticipated to augment the growth in the market,” says an FMI analyst.

Key Takeaways:

  • · Based on size, mid-size/handheld massage guns are predicted to account for a dominant share of the market through 2032.
  • · In terms of battery type, demand for rechargeable guns is projected to increase at a 7.7% CAGR through 2032.
  • · By sales channel, the indirect sales segment is anticipated to hold 83.8% of the total market share.
  • · In terms of end user, demand for massage guns likely to escalate among athletes at a 8.8% CAGR over the assessment period.
  • · U.S. will emerge as a lucrative pocket in North America massage guns market. Sales in the North America market are slated to increase at a 3.6% CAGR.
  • · Surging demand for rechargeable massage guns in the U.K. will place it as an attractive market, leading the Europe massage guns market.

Who is winning?

Leading manufacturers of massage guns are focusing on smart promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the Massage Guns market are Therabody, LifePro, Hyperice Inc.,Renpho, Everyfun, HydraGun, Muscle Gun, Massage Guns Ireland, Recovapro, Essential Massage & Therapy Co.,Achedaway, Medcursor and Others.

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Global Massage Guns Market By Category

By Purpose:

  • Small Size/handheld
  • Mid-Size/Professional
  • Large Size/Powerful

By Battery:

  • Rechargeable
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Industrial Cybersecurity Market Is Expected To Reach US$ 43.5 Bn In 2032

During the forecast period, the industrial cybersecurity market is anticipated to experience a CAGR of 7.7%. (2022 – 2032). The market for industrial cybersecurity is expected to be worth US$ 20.7 billion in 2022 and US$ 43.5 billion by 2032.

“Growth of the industrial cybersecurity market share is anticipated to be influenced by increased internet penetration in various parts of the world. The market for industrial cybersecurity is being driven by the rising adoption of internet of things (IoT) solutions in industrial control systems and cloud security applications.

The market for industrial cybersecurity is also anticipated to grow as more industries adopt cutting-edge technologies like 5G networks, big data, and artificial intelligence (AI).

The industrial cyber security market is anticipated to grow at a CAGR of 7.7 percent, from USD 20.7 billion in 2022 to USD 43.5 billion in 2032, according to the excellent report from FMI. the factors that are fueling the power industry’s increased demand for industrial cyber security products.

The pandemic caused chaos in the global economy at the start of 2020, causing unprecedented chaos and disruption for organizations and individuals all across the world. The pandemic has resulted in the introduction of a work-from-home option for most employees, posing operational issues for enterprises.

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The Internet of Things has made it much easier to do difficult activities and has eased the lives of millions of people. It provides a new approach for contemporary companies to handle, store, and process data in the cloud and data centers.

Customers, businesses, and communication service providers all interact differently because too smart gadgets. They’ve made it possible to automate and adapt many company procedures. The rising use of smartphones throughout the world has resulted in an increase in the number of networked devices that run on many platforms.

Owners of industrial companies and their personnel underestimate the present and impending possible risks in the industrial control systems environment due to the relative rarity of targeted assaults against automation systems and the excessive dependence on safety measures.

Synthetic assaults are guarded against by industrial control systems. As a result, security goods and software solutions are developed without addressing new risks or the nature of future assaults, as well as without a full analysis and examination of the current threat environment. As a result, real-world dangers are undervalued.

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Modern security technologies are used in the industrial sector to prevent cyber-attacks, but attackers create new strategies and processes to get around them. Investments in security defence and detection technologies aid in the development of successful defensive plans, yet, one of the most common causes of breaches is human mistake.

These mistakes occur as a result of employees’ lack of understanding, putting the industrial sector at risk. Advanced cyber-attacks vary in design, but they always target specific network weaknesses and exploit them to get access to company networks. Advanced cyber threats have risen dramatically in recent years, becoming a serious security problem for the industrial sector.

Employee training should be regarded as equally important to properly safeguard industrial facilities from cyber-attacks or cyber threats, in addition to adopting appropriate hardware and software-based security technologies.

In the absence of understanding of the related hazards, every employee who is a member of an organisation constitutes a threat to security. As a result, cyber security training is essential for personnel to comprehend, anticipate, and avoid future dangers before they become more serious. The staff will also be able to implement safe business practices at work as a result of the training.

North America is expected to have a significant industrial cyber security market share. Significant industrial cyber security market players are mostly responsible for the region’s progress. The North American industrial cyber security market is predicted to rise as key companies increase their investment to extend their global footprint.

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During the anticipated period, Asia Pacific is expected to increase at the fastest rate. The adoption of cloud-based security software is a priority for major players. In the manufacturing industry, these nations have a large number of SMEs and startups.

Throughout the forecasted period, Europe is expected to increase at a significant rate. The rise in investment for the expansion of secure IT infrastructure throughout the automotive industry is largely responsible for the region’s success.

KEY TAKEAWAYS:

  • The hardware solutions from the industrial cyber security market are expected to grow at the fastest CAGR of 7.1% in the component sector.
  • Discrete industry is expected to grow at a high rate in the end-use sector of the industrial cyber security market, with a CAGR of 7.6%.
  • The market size for industrial cyber security in the United States is expected to reach US$ 9.7 Billion by 2032, growing at a CAGR of 7.3% during the research period.
  • UK is expected to reach a market size of US$ 2.6 Billion in the industrial cyber security market by 2032, with a CAGR of 7.7% during the research period.
  • China’s industrial cyber security market is expected to be worth US$ 3.2 Billion by 2032, with a CAGR of 9.1% over the forecast period.
  • Japan is expected to have a market size for the industrial cyber security of US$ 2 Billion by 2032, with a CAGR of 9.2% during the research period.
  • By 2032, India is expected to reach a market size of US$ 2.6 Billion in the industrial cyber security market, with a CAGR of 9.3% during the research period.

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The demand for industrial cybersecurity solutions and services is rising as it helps firms in a variety of industries safeguard their data and other secret information from cyber-attacks. These industrial cybersecurity services assist businesses in monitoring and controlling a wide range of process outputs and inputs on the job site.

To carry out their core operations, the majority of firms around the world have chosen cloud-based and connection equipment. This shift has put significant strain on cyber security operations, as well as raised the risk of cyber-attacks.

Manufacturing and industrial facilities are increasingly adopting cloud-based ICS-as-a-service and industrial robots based on artificial intelligence platforms, which is driving the demand for industrial cybersecurity solutions. Industrial robots have cybersecurity solutions installed to protect them from cyber-attacks and keep them running properly.

According to the International Federation of Robotics, roughly 125.6 thousand industry robots were deployed in the automotive sector in 2018, 105.2 thousand in the electrical industry, and 43.6 thousand in the metal and mining industries worldwide in 2018.

As a result, firms in the global market for industrial cyber security solutions are obtaining significant sales opportunities. The rising use of the Internet in all parts of the world has resulted in a significant increase in cybercrime incidents in a variety of industries, including discrete and process management.

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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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Hydraulic Cylinder Market Is Forecasted To Reach US$ 22.3 Bn By 2032 From US$ 14.2 Bn In 2021

The market for hydraulic cylinders  market is expected to grow at a moderate CAGR of 4.2%, from US$ 14.2 billion in 2021 to almost US$ 22.3 billion in 2032.

“It is predicted that the main factor for driving the hydraulic cylinder market sales will be increased spending on infrastructure development and mining of natural resources.”

The lifting and carrying of large, heavy materials in the mining and construction industries is made possible by the use of hydraulic cylinders, which convert mechanical force into a linear motion.

The world economy is growing and improving, and this has accelerated the development of mining and infrastructure, which has boosted the demand for hydraulic cylinders worldwide.

The physical building blocks of the hydraulic system are hydraulic cylinders, hydraulic rams, and hydraulic pistons.

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Growing technical improvements in the hydraulic industry are driving the global market. Integrating hydraulic cylinders with technology for improved functionality, accuracy, and command in diverse applications is projected to be a key contributor to the hydraulic cylinder market growth.

For a wide range of construction equipment, modern hydraulic cylinder technologies include multi-stage and sophisticated linear telescopic cylinders and rotary actuators.

In the anticipated timeframe, the worldwide construction sector is expected to rise by 85 per cent to USD 8 trillion, resulting in increased global hydraulic cylinder market demand.

The increased supply for heavy construction and mining equipment from the construction, mining, and oil gas industries is largely responsible for the market’s rise. The increasing usage of material handling equipment across sectors throughout the world is a primary driver of the hydraulic cylinder market expansion.

Function, specification, bore size, applicability, sector, and region have all been used to segment the global hydraulic cylinder market. Because of their rising acceptance in the construction and material handling industries, government measures to resuscitate infrastructural projects across countries have contributed to driving up demand for hydraulic cylinders.

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Increased farm mechanization across regions, particularly in APAC, as well as global increases in mining exploration operations, have all aided the hydraulic cylinder market’s expansion.

To make a high-quality hydraulic cylinder, metal forging and accurate engineering are required.

Small and medium-sized businesses (SMEs) face cost constraints when it comes to entering the hydraulic cylinder market. Hydraulic cylinders have ongoing maintenance expenditures in addition to the initial product price.

Hydraulic cylinders must be serviced on a regular basis to avoid oil leaks and other problems. The cylinder rod’s quality and finish must be checked on a regular basis. Failure can also be caused by improper rod strength or diameter.

The cylinder tube should be inspected on a regular basis since the cylinder walls may wear down over time, reducing its thickness. These characteristics result in higher maintenance expenses, putting a stop to the use of hydraulic cylinders.

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Fluid, the main oil, is used to power hydraulic cylinders. The contamination of the environment is caused by the leakage of these fluids. As a result, end-users who want to keep their environment clean and healthy prefer cleaner alternatives to hydraulic cylinders. Pneumatic cylinders, which employ the pressure of compressed gas to generate a force in a reciprocating linear motion, are one such option.

Pneumatic cylinders are employed in agricultural and material handling operations that necessitate humans being near to the cylinders. The accessibility of cleaner replacements poses a threat to the hydraulic cylinder market’s growth.

Key Takeaways

  • By 2025, the mobile application of hydraulic cylinders is expected to grow by more than 4%. Product demand is expected to be driven by increased expenditure in the chemical industry to meet the demand for linear motion.
  • As per the global hydraulic cylinder market study, by 2025, the tie rod hydraulic cylinder industry is projected to have grown by more than 4%. Increasing the use of agricultural equipment for farming in order to increase production capacity in order to keep up with the rising population rate may boost industrial dynamics.
  • By 2025, the single-acting hydraulic cylinder industry is anticipated to have grown by more than 4%. The installation of these items will be driven by the growing need for material handling equipment in the food and beverage industry to produce linear motion for conveyor belts and assembly lines.
  • China and the United States are two markets with strong CAGRs. By 2031, North America and East Asia are expected to have a combined market share of roughly 35%.
  • Over the projection period, demand for hydraulic cylinders in India is expected to grow at a nearly 7% CAGR. The market is reinforced by ongoing and planned industrial and infrastructure developments around the country, which are mostly financed by the government. 

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    Competitive Landscape

    Aggressive Inc., Eaton Corporation PLC, Texas Inc, Bosch Rexroth AG, Enerpac Corp., Best Metal Products, Prince Manufacturing Corporation, Caterpillar Inc., Hyco International, Inc, Hydrosila, Pacoma GmbH, Parker-Hannifin Corporation, Weber-Hydraulik Group, Norrhydro Oy, Wipro Infrastructure Engineering, and others are among the leading players in the hydraulic cylinder market.

    Hydraulic cylinder producers use a variety of techniques to gain a competitive advantage, including continuous product development and regional growth. Furthermore, the expanding use of these products in energy-intensive industries will provide more advantageous economic prospects for industry participants and a rise in hydraulic cylinder market adoption.

    About Future Market Insights (FMI)

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Fluorescence-Activated Cell Sorting Market Current and Future Demand, Analysis, Growth and Forecast By 2028

Flow cytometry is a procedure that analyzes chemical and physical characteristics of certain particles in a fluid while passing through at least one laser. These cell components are labelled with fluorescence and when laser is passed, these cell components emit light at various wavelengths.

The Fluorescence-Activated Cell Sorting is an advanced type of flow cytometry which is used for sorting heterogeneous mixture of living cells based on light scattering properties and fluorescent labelling of the cells.

The suspension of these cells is contained in a rapidly moving, narrow liquid stream, through which vibration caused the liquid stream to break in single droplets. Prior the vibration, liquid stream is passed through one or more laser beams which further allows the fluorescence pattern of individual cell to be identified.

This liquid stream is further broken into droplets depending upon the characteristics chosen from the initial fluorescence analysis. These droplets then pass via an array of electrostatic deflectors. These deflectors divert the droplets in wells or test tubes according to their charge.

Fluorescence-Activated Cell Sorting Market: Drivers and Restraints

Growing incidence of chronic diseases like cancer and HIV/AIDS is highly responsible for driving the market for Fluorescence-Activated Cell Sorting. Growing demand for cancer therapies, rise in geriatric population, and increased adoption of cell sorting with easy availability of flow cytometry in all the diagnostic centers and clinics are few of the major factors that are expected to drive the market growth for Fluorescence-Activated Cell Sorting.

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Certain government initiatives funding the cell therapy researches and flow cytometry studies might also boost the Fluorescence-Activated Cell Sorting market during the forecast period.

However, the device cost is extremely high and there are several alternatives for the procedure, which might hinder the market growth for Fluorescence-Activated Cell Sorting. Several stringent regulations and requirement of skilled professional to perform Fluorescence-Activated Cell Sorting could also be the factors that might prove to be major restraints for Fluorescence-Activated Cell Sorting market during the forecast period.

Fluorescence-Activated Cell Sorting Market: Overview

Global Fluorescence-Activated Cell Sorting market has witnessed growth due to expanding demand for flow cytometry testing for several diseases like cancer and HIV/AIDS. Fluorescence-Activated Cell Sorting is extensively being performed for clinical purposes, like it is being used for several novel drug discoveries.

Fluorescence-Activated Cell Sorting is highly useful for stem cell technology researches and is efficiently being used for different diagnostic purposes as well.  Fluorescence-Activated Cell Sorting has tremendous application in immunology and cancer researches. Increase in cancer researches is expected to drive the research institute segment, by application type for Fluorescence-Activated Cell Sorting market.

Fluorescence-Activated Cell Sorting Market: Region-wise Outlook

Geography wise, Fluorescence-Activated Cell Sorting market is divided into eight regions viz. North-America, Asia- Pacific excluding China & Japan, China, Japan, Western Europe, Eastern Europe, Latin America and Middle-East & Africa.

Europe’s Fluorescence-Activated Cell Sorting market is also expected to grow at a significant rate due to increased availability of Fluorescence-Activated Cell Sorting kits and rise in number of diagnostic centers in the region.

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North America’s Fluorescence-Activated Cell Sorting market is expanding because of improved adoption rate of flow cytometry and it is expected to grow at a robust growth rate during the period of forecast due to growing number of research facilities and increased funding by the government for the research studies.

Asia-Pacific’s Fluorescence-Activated Cell Sorting market and Middle East and Africa’s Fluorescence-Activated Cell Sorting market are anticipated to grow at a decent rate due to less number of healthcare facilities.

Fluorescence-Activated Cell Sorting Market: Key Market Participants

Some of the market participants in the Global Fluorescence-Activated Cell Sorting market identified across the value chain include: Bio-Rad Laboratories, Inc., Merck KGaA, Thermo Fisher Scientific Inc., Bio-Techne, BD, Miltenyi Biotec GmbH, Sony Biotechnology Inc., Cytonome/ST, LLC, Danaher Corporation, Sysmex Partec GmbH, Terumo BCT, Inc., Union Biometrica, Inc, STEMCELL Technologies Inc., On-Chip Biotechnologies Co., Ltd., and pluriSelect Life Science UG & Co.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Fluorescence-Activated Cell Sorting Market: Segmentation

On the basis of Application, Fluorescence-Activated Cell Sorting Market can be segmented as:

  • Research Applications of Fluorescence-Activated Cell Sorting
  • Virology
  • Immunology and Cancer Research
  • Clinical Chemistry
  • Drug Delivery
  • Others
  • Clinical Applications of Fluorescence-Activated Cell Sorting

On the basis of End User, Fluorescence-Activated Cell Sorting Market can be segmented as:

  • Research Institutes
  • Diagnostic Centers
  • Hospitals
  • Clinics
  • Laboratories

On the basis of geography, Fluorescence-Activated Cell Sorting Market can be segmented as:

  • North- America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific excluding China & Japan
  • China
  • Japan
  • Middle East and Africa
  • Latin America

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https://immigrationsociety.tribe.so/post/digital-mobile-x-ray-devices-market-development-analysis-and-demand-2026-fu–6307349eaf655f3b94c102cf

https://itsthesa.tribe.so/post/digital-mobile-x-ray-devices-market-assessment-opportunity-forecast-till-20–630734b0f94aad980470697a

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.

Contact:

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