Market Research Blog – Page 3418 – New Product Development

Artificial Hair Integration Market: Projected Growth at a CAGR of 7.2% by 2033

According to recent data from Future Market Insights (FMI), the artificial hair integration market is valued at US$ 1.9 billion in 2023, with projections indicating an increase to US$ 3.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 7.2% from 2023 to 2033. The artificial hair integration market represents approximately 25% to 35% of its parent market, the hair integration market.

Artificial hair integration is frequently recommended by fashion experts and trichologists since it aids in maintaining hair density and concealing split ends. Full or partial baldness is now common due to medical diseases and hormones, making people self-conscious about their looks. As a result, there has been a rapid increase in the demand for hair integration.

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The rising popularity of multi-colored hair wigs among celebrities and artists is expected to open up new opportunities for the artificial hair integration business.

Among the men, who lose their hair, inevitably feel self-conscious about their looks and may lack confidence when socializing. Fake hair not only solve the problem for hair loss but also solve the issue of grey hair, baldness, and other male hair issue.

Hairpieces can help men cover their natural hair volume and make their hair appear thicker, giving them a more attractive appearance and increasing their confidence when socializing or performing their jobs.

Growth Drivers:

Changing Fashion Trends: Fluctuating fashion trends, coupled with growing emphasis on personal grooming and appearance, are driving the demand for artificial hair integration products. Consumers often use these products to experiment with different hairstyles without committing to permanent changes.
Technological Advancements: Advances in manufacturing techniques and materials have improved the quality, durability, and natural appearance of artificial hair products. Innovations such as lace fronts, monofilament caps, and heat-resistant fibers have enhanced the realism and comfort of wigs and hairpieces, attracting more consumers to the market.
Increasing Awareness and Acceptance: Greater awareness about hair loss conditions, such as alopecia and chemotherapy-induced hair loss, has contributed to the acceptance and normalization of wearing artificial hair. As societal attitudes evolve, more people are seeking artificial hair integration solutions for medical, aesthetic, and fashion-related reasons.
Growing Aging Population: The aging population, particularly in developed countries, represents a significant market for artificial hair integration products. As individuals age, they may experience hair thinning or loss, leading to a higher demand for wigs, hair toppers, and extensions to maintain a youthful appearance.
E-commerce and Online Retailing: The proliferation of e-commerce platforms has made artificial hair products more accessible to a global audience. Online retailers offer a wide range of options, competitive pricing, and discreet shopping experiences, driving the convenience and popularity of purchasing artificial hair integration solutions online.

Industry Restraints:

Stigma and Social Perception: Despite increasing acceptance, there still exists a stigma associated with wearing artificial hair, particularly among certain demographics. Fear of judgment or negative perception from peers and society may deter some individuals from exploring artificial hair integration options.
Quality Concerns and Counterfeiting: The market faces challenges related to counterfeit products and inconsistent quality standards. Inferior-quality wigs and hairpieces may not only fail to meet consumer expectations but also damage the reputation of legitimate manufacturers and retailers.
Regulatory Hurdles: Regulatory requirements and standards for artificial hair products vary across regions, posing compliance challenges for manufacturers and distributors. Adherence to safety, labeling, and quality regulations adds complexity to the supply chain and may increase operational costs.
High Cost of Premium Products: Premium-quality artificial hair integration products, such as custom-made wigs and human hair extensions, can be expensive, limiting access for budget-conscious consumers. Affordability remains a significant barrier for some individuals seeking high-quality solutions.
Environmental Concerns: The production and disposal of synthetic hair fibers raise environmental concerns due to their non-biodegradable nature and potential contribution to plastic waste. As environmental awareness grows, consumers may increasingly seek eco-friendly alternatives or sustainable practices within the artificial hair industry.

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Key Takeaways from the Artificial Hair Integration Market Study

In terms of end-user type, men accounted for ~43.0% of the total artificial hair integration market share in 2021.
The U.S. is a key market in North America, accounting for leading share of sales in the region.
Due to the booming internet of things (IoT) sector and the Covid-19 outbreak, sales via online channels have surged.

Who is winning?

Artificial Hair Integration manufacturers and suppliers rely on aggressive promotional strategies, advertisements, and new product launches to drive sales growth.

Major players present in the probiotic cosmetics market are

Diva Divine Hair Extensions and Wigs
Evergreen Products Group Limited.
Aderans Co., Ltd.
Wigomania
Wig USA
Indique Hair
The Wonderful Wig Company
Lordhair
Donna Bella Hair
BelleTress
Wigs.com
JON RENAU
Others (As Requested)

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Market by Category

By Material Type

Acrylic
Polyester
Polyvinyl chloride (PVC)
Kanekalon
Others

By End-User

Male
Female
Children

By Colour

Black
Blond
Grey
Others

By Region

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

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Video Content Management Market: Unveiling the Projected US$ 13.5 Billion Landscape by 2032

The global video content management market was valued at approximately US$ 3.5 billion in 2021. Thanks to the swift uptake of technology, we anticipate a substantial increase, with the market expected to reach US$ 4 billion in 2022 and a significant US$ 13.5 billion by 2032. This suggests a consistent annual growth rate of 12.9% from 2022 to 2032.

Organizations are turning to video-based communication solutions to improve employee collaboration and communication, such as web-based communication via video conferencing and video calling. As the pandemic began, the consumption of video content was seen to be rapidly increasing.

The adoption of video management services will be accelerated by newer technologies such as live closed captioning and face recognition-based searches powered by AI and ML. The evolution of 5G has yet to realize its full transformative potential, presenting a significant growth opportunity for the video content management market. From 2015 to 2021, video content management market worth grew at a 14.3% CAGR.

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Most video communication tools are still limited to conference rooms due to the high costs and extensive infrastructure requirements associated with UCC video conferencing solutions. Furthermore, some video conferencing solutions do not support interoperability across platforms and devices, making it difficult for users to use video conferencing solutions. As a result, vendors face numerous challenges in promoting video conferencing solutions as a UCC tool.

Key Takeaways from the Video Content Management Market Report:

Based on application, education and learning video content management to grow at a 12.7% CAGR from 2022-2032
On-premises video content management deployment to grow at a CAGR of 12.8% until 2032
China is expected to grow with a CAGR of 12.2% over the forecast period
The U.S market is estimated to expand at a 12.4% CAGR during the forecast period
Video content management market to experience over 3x growth until 2032
U.K, Japan and South Korea markets to be valued at US$ 562.5 Million, US$ 780.1 Million and US$ 480.5 Million respectively

“Rising online video content demands with digital transformation in enterprises, surging the need to use video-based communication solutions to improve employee collaboration and communication,”-says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

What is the Contribution of Key Players to the Global Video Content Management Market?

Some of the market key players are IBM Corporation, Microsoft Corporation, Vimeo, Inc., Brightcove Inc., Panopto, Kaltura, Inc., Kollective Technology, Inc., Dalet Digital Media Systems, Qumu Corporation, VIDIZMO LLC., and others.

IBM Corporation and Canon launched a new volumetric video technology in July 2021 to enable the creation of high-quality digital video content technology. The technology makes use of cameras and advanced data processing to enable a video point of view, providing viewers with a more immersive experience.
Brightcove partnered with Wibbitz, a video creation tool provider, in July 2021 to enable Wibbitiz access to BrightCove’s video cloud platform. The platform allows users to create polished videos from scratch using Wibbitz’s templates and photos, animations, transitions, video clips, and other smart media, and then distribute the videos to any other device via the Brightcove platform.
Qumu Corporation partnered with JS Group, headquartered in Florida, USA, in August 2021. Through this collaboration, Qumu Corporation hopes to launch a global channel program as a result of this collaboration. The program provides operational support, customer benefits, and incentives to assist the company in expanding its penetration in small, medium, and large businesses.
Vimeo Create, a suite of tools for creating professional quality videos for small businesses, was introduced in February 2020. To create a high-quality video for its users, the new product combines smart editing technology with an intuitive interface and access to a gallery of professionally designed video templates and other editing tools.

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Video Content Management Market Segmentation:

By Component:

Platforms
Services

By Deployment Mode:

On-premise
Cloud-based

By Application:

Education and Learning
Enterprise Communication
Marketing and Client Engagement
Recruitment and Training
Virtual Events

By Vertical:

BFSI
IT and Telecom
Healthcare and Life Sciences
Education
Media and Entertainment
Retail and E-commerce
Other Verticals

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Author By:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management across verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

ASEAN Automotive Aftermarket Gears Up for Steady Growth: Market Poised to Reach US$ 55.53 Billion by 2033 at 8.5% CAGR

The ASEAN automotive aftermarket is expected to expand its roots at a steady CAGR of 8.5% during the forecast period. The market is likely to hold a revenue of US$ 24.56 billion in 2023, while it is anticipated to surpass US$ 55.53 billion by 2033.

Automotive aftermarket, as the name suggests, implies secondary market pertaining to the automotive vertical that does deal with production, re-production, distribution, retailing, and installing vehicle parts, accessories, and equipment. These functionalities come into picture post sales of automobiles by the OEMs. This automotive aftermarket actually deals with batteries, oil and lubricants, filters, tires, alternators and starters, paint consumables and coatings, spark plugs, exhaust components, crash parts, and likewise. Plus, there are exterior and interior accessories such as video/audio devices, parking brake handles, steering wheels, headlight covers, grills, shift boots, rear & front guards, mirrors, and likewise. These days, DIY segments are available to help with repairing the vehicles as well.

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Growing demand for vehicles along with rising urban population density is expected to bolster ASEAN automotive production output. Apart from First Car Scheme Policy implemented by government of Thailand (since 2012-13) providing tax rebate of US$ 3250 has resulted in ~30% increase in sales of vehicles in Thailand. Besides, as per Organisation Internationale des Constructeurs d’Automobiles (OICA), passenger cars’ sales in Singapore did increase four-fold in 2012-16 alone. In Philippines, these sales did increase three-fold in 2012-16.

The ongoing trend is that of self-inflating tires being increasingly adopted. Participants like Rubber Company and Goodyear Tire are at the forefront herein. This self-inflating tire system does work on the air maintenance technology, which makes use of peristaltic pump for maintaining the pressure. Unwanted maintenance costs could also be averted. Another trend is that of deployment of silicon anode batteries as they tend to have a higher energy density and provide an enhanced battery life.

At the same time, the fact that the end-users are inconsiderate toward maintenance and services may hinder ASEAN Automotive Aftermarket.

Future Market Insights has entailed these facets with future perspectives in its latest market study entitled ‘ASEAN Automotive Aftermarket’ through its dedicated team of analysts and consultants going for a 360-degree view in primary, secondary, and tertiary modes of research.

“ASEAN automotive aftermarket is expected to be swept by growing demand for warranty vehicles all across Thailand”, says an analyst from Future Market Insights.

Key Takeaways from ASEAN Automotive Aftermarket

Indonesia accounts for more than 30% of the market share. This could be credited to presence of huge number of key participants herein.
Thailand stands second with respect to contribution through revenue. This could be reasoned with the start of Car Scheme Policy starting 2012. Bangkok is known as a profitable market on the count of independent automobile aftermarket services.

Competitive Aftermarket

Aisin Seiki Co. Ltd., in December 2019, did announce setting up Kyushu Development Center Hakata Laboratory for AI technologies at Fukuoka City (Japan) with the objective of strengthening the AI infrastructure.
Continental AG, in October 2019, completed acquisition of automotive aftermarket business of CRP Industries.
Bridgestone Corporation, in August 2022, did announce expanding and modernizing Morrison-based Warren County, Tennessee Truck and Bus Radial (TBR) Tire Plant. The company has invested US$ 550 Million for expanding the existing footprint by 850K sq. ft. for accelerating usage of advanced technologies supporting safer, cleaner, and more efficient commercial bus and truck fleets and also for supporting increasing capacity.
ACDelco, in July 2021, did transfer the non-automotive products as well as aftermarket services to Denso Solution Corporation. This transfer was inclusive of product planning, development, and aftersales service functions that were undertaken by Denso’s Automotive & Life Solutions Division.

Key Companies Profiled

NGK Spark Plug, ZF Friedrichshafen AG, Continental AG, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, Denso Corporation, AC Delco, AISIN CORPORATION, Marelli Corporation, Bridgestone Corporation, Faurecia SA, Hitachi Astemo Ltd, Valeo SA, Michelin, Mahle GmbH, KYB Corporation, BorgWarner Inc., SAMMITR GREEN POWER CO., LTD., Bangkok Diecasting and Injection Co., Ltd., Aisin Takaoka Asia Co.,Ltd., S.P.Metal Part co.,Ltd., Tan Chong Motor Holdings Berhad,

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Key Market Segments Covered

Category Type:

Parts
- Tires
- Batteries
- Filters
- Starters and Alternators
- Lighting
- Exhaust Components
- Lubricants
- Collision Body (Coating & Paint Consumables)
- Suspension
- Brakes
- Engine & Transmission
- Spark Plugs
- Steering
Accessories
- Interior
- Exterior
Services
- General Automotive Repair
- Automotive Transmission and Others

Vehicle Type:

Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

Country:

Malaysia
Indonesia
Philippines
Vietnam
Singapore
Thailand
Rest of ASEAN

What does the Report assess?

The research study is based on type (parts (tires, batteries, filters, starters and alternators, lighting, exhaust components, lubricants, collision body (coating & painting consumables), suspension, brakes, engine & transmission, spark plugs, and steering), accessories (exterior and interior), and services (automotive transmission and general automotive repair)), by vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), and by country (Malaysia, Indonesia, Philippines, Vietnam, Singapore, Thailand, and Rest of ASEAN).
With expansion of mobility technology in ASEAN, automotive aftermarket is expected to go great guns in the ASEAN Automotive Aftermarket going forward.

Author

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Automated Guided Vehicles Market Size To Hit US$ 2.43 Billion by 2033, Driven by 8% CAGR

The Automated Guided Vehicles (AGVs) Market Size is poised to reach a valuation of approximately US$ 1.13 Billion by the year 2023, with a projected increase to about US$ 2.43 Billion by 2033. This growth signifies a significant compound annual growth rate (CAGR) of 8% spanning the period from 2023 to 2033.

The escalating utilization of these vehicles across diverse sectors including logistics, food and beverage, healthcare, and manufacturing is expected to sustain the upward trajectory of autonomous guided vehicles.

According to analysis by FMI, the AGV market in Europe is poised to be led by the United Kingdom, with a projected compound annual growth rate (CAGR) of 7% during the anticipated forecast period. This period is expected to see a substantial surge in AGV demand, thereby opening significant avenues for manufacturers of AGVs within the region.

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Presently, escalating demand for cutting-edge AGVs within sectors such as healthcare, aerospace, and e-commerce is the driving force behind this growth trend in the United Kingdom. The integration of AGVs to enhance operational efficiency in warehouses is propelling demand within these particular industries.

In automated guided cars, sophisticated technologies such as telematics services and laser, magnetic, infrared, and optical navigation are being deployed. Wireless communication is gaining popularity because it improves position monitoring precision.

Global industrialization is driving up demand for autonomous guided vehicles in the oil and gas, transportation, and construction industries. Moreover, the increasing demand can be attributable to advanced features provided by automated guided vehicles, such as fuel efficiency and customized material handling, which is going to influence the market’s sales outlook.

Automated guided vehicles are scalable as compared to fixed equipment. Instead of investing in cumbersome stationary conveyors, producers can add a fleet of automated guided vehicles to reduce operational time and boost production as demand for automation grows.

Key Takeaways

In the historical period from 2018 to 2022, the market increased at a CAGR of 4.6%.
FMI forecasts good growth for automated guided vehicles in the United States, with the industry rising at a 5.7% CAGR through 2033.
Between 2023 and 2033, the market in India is projected to expand at an outstanding 8% CAGR.
According to FMI’s analysis, the United Kingdom is expected to lead Europe’s AGV market, rising at a healthy 7% CAGR during the projection period.
The market’s leading players control roughly 60% of the market.

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Competitive Landscape

Leading players are focusing on expanding their already extensive product offerings. Increasing expenditure in research to develop improved products is another key strategy for market players to preserve their market position.

In March 2022, Seegrid Corporation, a creator of autonomous mobility robots worked with ROBEX. This collaborative project would assist Seegrid Corporation in growing its operations while also offering Seegrid Corporation products to ROBEX customers. This could also contribute to a great demand for supply chain management automation.
ResGreen Group International, Inc. (OTC PINK: RGGI) (the “Company”), a next-generation smartphone automation and software solutions provider, announced in May 2023, the release of its bidirectional BigBuddy. It is one of the industry’s durable AGVs that uses magnetic strips to transfer masses up to 5,000 pounds.

Key Companies Profiled

JBT Corporation
Kuka AG,
Daifuku Co., Ltd.
Kion Group AG
Omron Adept Technologies, INC.
AGVE Group, Inc.
Murata Machinery
Transbotics Corporation
Oceaneering International Inc.
Seegrid Corporation

Automated Guided Vehicle Market by Category

By Technology Type:

Laser Guidance
Magnetic Guidance
Infrared Guidance
Wire Guidance
Inertial Guided
Optical Guided

By Application Type:

Transportation
Distribution
Storage

By Vehicle Type:

Unit Load Carrier
Pallet Truck
Assembly Line Vehicle
Tow Vehicle
Forklift Truck
Light Load Transporters

By End Use:

Logistics
Healthcare
Automotive
Manufacturing
Food & Beverages
Aerospace

By Region:

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

Author

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

The dietary supplements market offers a robust opportunity, driven by surging consumer interest in preventive health and wellness

We are thrilled to present a groundbreaking report that illuminates the future trajectory of the dietary supplements market, titled “Dietary Supplements Market Report 2023-2033″ is a report that provides a thorough analysis of market trends, growth possibilities, and new consumer preferences that are changing the health and wellness landscape. It was written by a group of top industry experts.

It is projected that the dietary supplements market would reach a size of US$ 163.66 billion by 2033, having surpassed US$ 68.20 billion in 2023. From 2023 through 2033, the market for dietary supplements is projected to grow at a CAGR of 9.1%.

The market for dietary supplements is being significantly impacted by the rise in consumer awareness of the value of prevention and well-being. Consumer tastes are being shaped by a series of interrelated trends that are emerging from these transitions. These are also changing the industry’s consumption patterns and creating changes in demand.

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Regional Targeting:

The content extensively covers North America, specifically the United States, due to its dominant position in the dietary supplements market.
China emerges as a significant focus due to its potential to surpass the U.S. in the nutritional supplement market.
Germany and Japan are highlighted for their growing market shares and trends towards personalized supplements.
Australia, though a smaller market, is gaining traction due to its inclination towards natural and organic supplements.

Key Areas Covered:

Market Growth and Projections: The document highlights the global growth of the dietary supplements market, anticipated CAGR, and estimated market valuations up to 2033.
Consumer Trends and Behavior: It discusses the rising demand for personalized and natural supplements, increased health awareness, and specific age groups’ supplement preferences.
Market Dynamics and Trends: The content covers various trends such as e-commerce growth, personalized nutrition, and specific supplement categories like collagen, probiotics, and herbal supplements.
Country-Specific Market Insights: It provides detailed insights into the dietary supplements market in the United States, China, Germany, Japan, and Australia, discussing market drivers, consumer behavior, and key developments in these regions.
Competitive Landscape: Notable companies, recent developments, and product launches within the dietary supplements market are outlined.

Key Takeaways from the Report:

In 2022, the global dietary supplements market size stood at US$ 65.58 billion.
The United States is leading the market with a 33.2% share of the global market in 2023.
In 2023, China closely tracks the United States, holding a 14.7% global market share.
Germany emerged as a prominent European country, capturing an 8.3% share of the global market in 2023.
The market is spearheaded by the soft gel and capsule segment, commanding 54.90% of the global market in 2023.
Vitamins & minerals ingredient is the leading segment, with a 20.70% share of the global dietary supplements market in 2023.

Advantages and disadvantages associated with the Dietary Supplements Market:

Advantages:

Health & Wellness Boost: Supplements can fill nutritional gaps and provide essential vitamins, minerals, and nutrients that might be lacking in a person’s diet, promoting overall health and well-being.
Convenience: They offer a convenient way to consume specific nutrients without relying solely on food sources, making it easier to meet dietary requirements.
Targeted Health Goals: Supplements cater to specific health needs, allowing individuals to address deficiencies or support various health concerns like immunity, heart health, bone strength, etc.
Innovation & Personalization: Continuous innovation allows for personalized supplements, tailored to specific age groups, genders, or health conditions, meeting diverse consumer preferences.
Market Growth & Accessibility: The market’s growth provides consumers with a wide range of choices and easy accessibility to various supplements through online and offline channels.

Disadvantages:

Lack of Regulation: Regulatory oversight might be inadequate in some regions, leading to potential safety concerns, inconsistent product quality, and misleading health claims.
Overconsumption & Toxicity: Excessive intake of certain vitamins or minerals, often through supplements, can lead to adverse health effects or toxicity, especially if taken in large doses.
False Health Claims: Misleading or unverified health claims by manufacturers can misguide consumers about the efficacy or benefits of certain supplements.
Interactions & Side Effects: Some supplements may interact with medications or have side effects, which might not be well-known or disclosed clearly, posing risks to certain individuals.
Dependency & Substitute for Healthy Eating: Relying solely on supplements might discourage people from maintaining a balanced diet, leading to an inadequate intake of essential nutrients from natural foods.

Why This Report:

This meticulously curated report doesn’t just offer data; it delivers actionable intelligence for stakeholders, investors, manufacturers, and retailers seeking to leverage the dietary supplements market’s vast potential. By integrating cutting-edge research, exclusive market analysis, and foresighted projections, this report serves as an indispensable resource for making strategic decisions in the health and wellness industry.

Conclusion:

Embrace the future of health and wellness by seizing this unparalleled opportunity to gain exclusive access to the “Dietary Supplements Market Report 2023-2033.” Unlock the insights that can revolutionize your approach to the ever-evolving landscape of dietary supplements and position your business as a frontrunner in this thriving market.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Baby Personal Care Products Market Poised to Reach US$ 167.9 Billion by 2033: Growth Forecast and Trends Analysis

The projected market size for baby personal care products is US$ 88.6 billion in 2023, with an anticipated increase to US$ 167.9 billion by 2033. Sales of baby personal care products are forecasted to achieve a compound annual growth rate (CAGR) of 6.6% throughout the forecast period.

It is indicated in the report that 61 % of parental respondents for care products select natural components and scientific facts reveal it. On the other hand, 82 % of parents avoid using products that have chemicals in them on children and 54 % are active consumers who want green, sustainable & ecofriendly produces. In hot parental interest is the natural composition of baby-care products.

Over the past decade, the baby care industry has undergone significant transformations. Once confined to niche retail outlets, it has now been reshaped by the emergence of digital platforms and evolving parenting trends. As a result, the market is poised for expansion in the upcoming years, fueled by growing consumer awareness regarding hygiene and health concerns. Moreover, the demand for baby care products is being propelled by innovative packaging designs and the incorporation of organic components known for their positive health effects. This shift in consumer preferences towards safer and more sustainable options is driving manufacturers to adapt and innovate, ensuring the continued growth and relevance of the baby care industry.

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As product research and development investment grows, coupled with the trend toward organic ingredient-based baby care products recently observed in Japan’s marketplace, manufacturers are relentlessly promoting new products through popular supermarkets and specialty stores.

Demand for cosmetics has been growing steadily in developing countries. Customers have experienced a big change, going from buying cheap to luxury branded cosmetics. The men’s grooming products on the market now range from deodorants to batch products, hair care products and concealers (cover-ups), skin whiteeners along with sunscreens, anti-aging items and classics like shaving cakes. This change of customer preference has fueled the growth in demand for global cruelty-free cosmetics. This shift in customer behavior bodes well for the sector.

In August 2021, a popular baby care brand, Baby Dove partnered with Walmart to launch a new line of shampoo, conditioner, baby wash, and skin cream for infants with sensitive skin and multiracial babies. Such product offerings are expected to have a positive impact on market growth.

Key Takeaways from Market Study

Skincare is the leading segment with a growth of 6.8%. Newborn babies are more prone to skin diseases and rashes which fuel segment demand. Additionally, the high availability of various products and offerings fuels market demand.
Modern trade has emerged as a valuable asset for the market leading sales towards growth of 5.9%. The market segment for essential baby care products, in particular toiletries, diapers, toys, and garments, is expanding at a pace of 13–14% each year as a result of more internet marketplaces.
United States holds a substantial share of the market contributing revenue of US$ 25 billion by 2033. High per-capita income and increased customer spending’s on infant care are the key factors supporting this dominance.
India market is growing at an impressive rate of 8.0%. Numerous well-known local and regional companies contribute to the fierce competition in India’s infant care products industry. In recent years, demand for baby care goods in India has increased due to increased consumer knowledge and disposable income.

Key Players Operating in the Baby Personal Care Products Market Include

Bio Veda Action Research Co.
Johnson & Johnson
Kimberly-Clark Corp.
Me n Moms Pvt Ltd.
Mothercare IN Ltd.
Nestle SA
Pigeon Corp.
The Himalaya Drug Co.
The Procter & Gamble Co.
Unilever Group

Manufacturers are focusing on Big wins through Omnichannel Strategies

To broaden their consumer base, leading manufacturers in the baby care product market are capitalizing on emerging market opportunities. Key players are investing in physical retail and promotions to mitigate the impact of a single promotion. Omnichannel strategies are likely to yield a return on investment. Organic baby infant nutrition and prebiotics-infused infant nutrition are among the products available in the market.

Nestle SA is one of the foremost revenue generators, with popular brands such as Ceregrow, Lactogen, and Gerber, followed by Procter & Gamble, with Pampers being the most popular brand. Large multinational consumer goods companies are introducing premium baby care products as extensions of their core personal care brands.

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Key Segments

By Product:

Skincare
Body Care
Hair Care
Oral Care
Toiletries
Fragrances & Deodorants
Color Cosmetics

By Nature:

Organic
Conventional

By End Use:

Individual/Residential
Institutional/Commercial

By Price:

Mass
Premium

By Gender:

Boys
Girls
Unisex

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
The Middle East & Africa (MEA)

Latest Developments:

In July 2019, Pampers, a Procter & Gamble (P & G) brand, introduced ‘Lumi’ smart diapers. The system is comprised of an all-in-one connected device that includes two activity sensors for diapers, a Logitech camera that functions as a Wi-Fi monitor, and an app that records all data. This new product monitors a baby’s sleeping and peeing habits.
In August 2019, Kimberly-Clark and UNICEF collaborated to enhance the lives of nearly two million young children and infants in 16 Latin American and Caribbean countries. Kimberly-contribution Huggies’ global ‘No Baby Unhugged’ program will be used to support and grow UNICEF’s current Early Childhood Development (ECD) initiatives in some Latin American countries over the next three years.

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Global Endoscope Detergents and Disinfectants Market Poised for Steady Growth at 4.4% CAGR Through 2032

The global endoscope detergents and disinfectants market is on track for sustained growth, with a projected Compound Annual Growth Rate (CAGR) of 4.4% from 2022 to 2032. This upward trajectory is expected to propel the market value from US$687.7 million in 2022 to a significant US$1,108.2 million by 2032.

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Combating Hospital-Acquired Infections Drives Demand:

Several key factors are fuelling market expansion:

Rising Prevalence of HAIs: Healthcare-acquired infections (HAIs) pose a significant threat to patient safety. Endoscopes, reusable instruments for visualizing internal organs, can become contaminated during use, potentially transmitting HAIs. The growing incidence of HAIs emphasizes the critical role of effective endoscope cleaning and disinfection.
Increased Adoption of Minimally Invasive Surgeries (MIS): MIS procedures, utilizing smaller incisions, are gaining popularity due to faster recovery times and reduced patient discomfort. Endoscopes play a vital role in MIS, guiding surgeons and visualizing the surgical site. As MIS procedures become more prevalent, the demand for proper endoscope reprocessing, and consequently, detergents and disinfectants, rises.
Heightened Awareness of Endoscope Reprocessing: Healthcare professionals are increasingly recognizing the importance of proper endoscope reprocessing to prevent the spread of infections. This growing awareness translates to a greater demand for high-quality endoscope detergents and disinfectants.

The key factors Global Endoscope Detergents and Disinfectants Market include:

Increasing prevalence of endoscopic procedures
Rising awareness of infection control
Stringent government regulations for endoscope reprocessing
Technological advancements in endoscope detergents and disinfectants

The key takeaways from the Global Endoscope Detergents and Disinfectants Market are:

The market is expected to grow at a steady CAGR during the forecast period.
The key factors driving the growth of the market include increasing prevalence of endoscopic procedures, rising awareness of infection control, stringent government regulations for endoscope reprocessing, and technological advancements in endoscope detergents and disinfectants.
The market is segmented by product type, process type, and end user.
Automated cleaning systems are gaining traction due to their efficiency and effectiveness in cleaning and disinfecting endoscopes.
North America is the largest market for endoscope detergents and disinfectants, followed by Europe and Asia Pacific.

The market for endoscope detergents and disinfectants is expected to witness significant growth in the coming years due to the increasing prevalence of endoscopic procedures and the rising awareness of infection control.

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The Key Players in the Global Endoscope Detergents and Disinfectants Market include:

MEDIVATORS Inc.
STERIS plc
Borer Chemie AG
Cantel Medical
Getinge AB
Olympus Corporation
Vesimin Health
MDD Company GmbH
Georg Pauldrach
SIRMAXO CHEMICALS PVT.LTD
Serim Research Corporation

Recent Developments in the Global Endoscope Detergents and Disinfectants Market:

In November 2020, the Environmental Protection Agency (EPA) of the USA approved 3M’s disinfectant TB Quat for SARS-CoV-2, which is a ready-to-use cleaner. Third-party lab testing of 3M’s disinfectant TB Quat ready-to-use cleaner on hard, non-porous surfaces with a 60-second contact period proved the disinfectant’s effectiveness against the virus.
January 2021, 5 SC Johnson home cleaning products have been added to Health Canada’s list of effective disinfectants for use against SARS-CoV-2.

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Key Segments in the Global Endoscope Detergents and Disinfectants Market:

By Chemical Properties:

Acidic
Neutral
Alkaline
Enzymatic

By Potency:

Low-Level Disinfectants
Medium-Level Disinfectants
High-Level Disinfectants

By End User:

Hospitals
Diagnostic Centers
Clinics

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Robust Expansion: Automotive Tire Market Poised to Reach US$ 958.8 Billion by 2033 at 6.6% CAGR

The automotive tire market is expected to grow at a CAGR of 6.6% from 2023 to 2033. The market is valued at US$ 503.9 Billion as of 2023, and by 2033, the market is expected to hit a valuation of US$ 958.8 Billion.

The stringent safety norms pertaining to road are expected to surge the sales of automotive tires during the forecast period. A sharp increase in the number of accident cases owing to bad quality tires has motivated the investors to spend huge amounts behind the development of top-notch tires.

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Rise in the disposable income, coupled with rapid urbanisation is also expected to surge the demand for automotive tires during the forecast period. Apart from that, low production cost and lenient emission rules in certain parts of the world is also expected to have a positive outlook on the market.

Moreover, the current generation automotive tires have been designed on the grounds of latest technology. This has led to the development of properly mounted, correctly inflated, and balanced automotive tires. This is expected to have a positive effect on the automotive tires market key trends and opportunities.

Furthermore, an increase in the sales of passenger cars is also expected to bring about optimism in the market. The SUVs in general are having a strong penchant in Asia Pacific, particularly in India and China. Even the technological advancements are expected to surge the market share of automotive tires. Owing to this, the manufacturers have developed green tires which are gaining traction especially amongst the youngsters.

Thus, from the insights provided by FMI researchers, it can be inferred that “increasing focus on safety norms, technological innovation in the automobile sector and a number of other factors are expected to surge the automotive tires market share during the forecast period.”

Key Takeaways:

The automotive tires market is expected to grow at a CAGR of 6.6% during the forecast period.
As of 2023, the market is valued at US$ 503.9 Bn.
By 2033, the market is expected to reach a valuation of US$ 958.8 Bn.
Based on the regional analysis, Asia Pacific is expected to be the largest market during the forecast period.
The USA automotive tires market is projected to grow at a CAGR of 6.7%.
The Brazil market is projected to grow at a CAGR of 4.6%.
The Argentina market is projected to grow at a CAGR of 5.7%.
The India market is projected to grow at a CAGR of 7.4%.
The China automotive tires market is projected to grow at a CAGR of 7.3%.
On the basis of vehicle type, the commercial vehicles segment is expected to hold the largest market share, growing at a CAGR of 6.4% during the forecast period.
On the basis of sales channel, the aftermarket segment is expected to have the highest market share, growing at a CAGR of 6.6% during the forecast period.
On the basis of tire structure type, the radial automotive tires are expected to hold the largest market share during the forecast period, exceeding US$ 550.2 Bn by 2031.

Competitive Landscape

The key players operating in the market are focusing on the mergers and acquisitions. The companies are merging with one another mainly to access the technologies available with both parties. Apart from that, the market expansion strategy also happens to be one of the key reasons. The key players are also collaborating with the manufacturers from the electric vehicles niche as the market of electric vehicles has a lot of scope going ahead.

The Major Manufacturers of Automotive Tires Market Are:

Continental AG
Bridgestone
Michelin
Goodyear tire and rubber company
Pirelli

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Some of the Recent Developments in the Automotive Tires Market Are:

In November 2022, Continental AG announced that it would be making use of skai surfaces to deliver a wide range of solutions for interior fittings on board ships.
In September 2022, Bridgestone announced that it would be investing US$ 60 million to expand the Abilene Bandag Retread Tire Plant.

Automotive Tires Market Segmentation

By Vehicle Type:

2/3 Wheeler (<18”, >=18”),
Passenger Vehicle (<=15”, 16”-19”, >=20”),
Commercial Vehicle,
Light Commercial Vehicle (<=15”, 16”-19”, >=20”),
Heavy Commercial Vehicle (<=20”, 21”-24”, >=24”),
Specialty Vehicle

By Tire Structure:

Radial (Tube, Tubeless),
Bias

By Sales Channel:

OEM
Aftermarket

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

Author

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

The Middle Eastern tahini market offers a savory opportunity, driven by growing consumer demand for healthy and convenient food options

tahini market rises due to low-caloric appeal, becoming a favored ingredient in spreads. FMI research projects the Middle East and the need for quick, processed foods without preservatives is expected to propel the Mediterranean tahini market to reach US$1,081.7 million.

The Middle East and Mediterranean region’s tahini market is expected to be valued US$ 1,081.7 million, according to a new research report by Future Market Insights (FMI). Consumer knowledge of tahini’s low-calorie qualities has made it a favourite component in sweet and savoury spreads.

The increased demand for packaged, processed, and ready-to-eat convenience meals has boosted the tahini business. Tahini is in high demand in the food processing industry due in large part to its low calorie and preservative-free content.

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According to Future Market Insights, innovation in food processing technology is catalysing the production capacity and this will help manufacturers to cater to the burgeoning demand in the future.

FMI’s analysis on the tahini market in Middle East and Mediterranean revealed that fluctuation in price of sesame seeds is a key concern for manufacturers. Tahini is made from ground sesame seeds, and any fluctuation in their prices impacts the profit margin of manufacturers. Political unrest in Middle East can also have an impact on the growth of the tahini market according to the report.

Widespread acceptance of tahini is restrained by easy availability and low price of paste & spreads substitutes, such as jam, marmalades, peanut butter, mayonnaise, and other table sauces. FMI estimates this to have a moderate impact on curtailing the growth of the tahini market in Middle East and Mediterranean.

According to an end-user survey carried out by Future Market Insights, demand for tahini is the highest in sweet/savoury/spreads food, such as hummus, falafel sauces and sweet tahini molasses. FMI’s end-user survey also revealed that extraction of tahini accounted for 59.3% of the total sesame market. According to tahini manufacturers, 45.5% of tahini is consumed through sweet/savoury products, whereas distributors estimated the consumption at 50%. Tahini is least consumed in the form of bakery and confectionary according to the respondents. Respondents are of the view that tahini is mostly consumed in households and by downstream industries. These two segments collectively account for over 80% of end-use according to the respondents.

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On the basis of product type, Future Market Insights has segmented the Middle East and Mediterranean tahini market into paste & spreads, halve & other sweets, and sauces/dips. Paste & spreads is the most dominant segment among these, and accounted for 52.6% share of the overall product type category in 2014. Halve & other sweets’ market share was 36.8% in 2014 and FMI estimates it to drop to 34.2% in 2020.

On the basis of distribution channel, the Middle East and Mediterranean tahini market is segmented into modern retail, conventional retail, exports, and HORECA. FMI’s analysis revealed that conventional retail is the most dominant segment and it will continue to remain the preferred distribution channel through 2020.

On the basis of regions, the Middle East and Mediterranean tahini market is segmented into Middle East excluding GCC (Turkey, Israel, and Lebanon), North Africa (includes Egypt), GCC, and Mediterranean Europe (France, Spain, Italy and Greece). Among these, Middle East excluding GCC is the most lucrative region and FMI estimates it to account for a market share of 44.5% in 2020.

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Key companies profiled in the report include:

Halwani Bros Co.
Tema:
National Confectionary & Tahina Factory Co. Ltd
El Rashidi El Mizan
Al Wadi Al Akhdar
Haitoglou Bros S.A.
Prince Tahina Ltd.
J.M Food Industries Ltd. and Gesas General Foods Co. Inc.

Most of the major players are based in Middle East and they are adopting various go-to-market strategies to expand their market share in this growing Tahini market. FMI’s analysis revealed that these key companies are raising brand awareness about their products by exhibiting their offerings at various international food expos and by rolling out novel and attractive products for various demographics.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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EV Battery Heating Systems Market Growth To Reach US$ 17.3 Billion by 2033, Driven by 18.7% CAGR

The global EV battery heating system market is projected to register at a moderate-paced CAGR of 18.7% over the forecast period. The EV battery heating system market is currently valued at US$ 3113.6 Million in 2023. By 2033, demand for EV battery heating systems is expected to reach a high of US$ 17.3 Billion.

Thermal management systems maintain the battery’s operating temperature. As battery-powered vehicles have become more popular, manufacturers have improved battery heat management. Smaller batteries and faster charging slow the sales of EV battery heating systems. Technological advances in battery heat control are expected to boost the demand for EV battery heating systems. Electric cars have a restricted range per charge due to their batteries.

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Battery makers have responded by developing fast-charging products. Fast battery charging generates greater heat, which must be managed to prevent cell damage. As the only source of EV traction, batteries operate at high temperatures. Automotive component manufacturers are developing new cooling solutions to handle these batteries’ high temperatures, which is likely to boost the growth of the EV battery heating system market over the forecast period.

Global countries have set strict vehicle carbon emission standards. Consequently, customer preference has shifted from ICE to BEVs (BEVs). PHEVs, which run on both batteries and IC engines, are also popular globally.

The development of automobiles using unconventional energy sources is encouraged by the increased focus being placed on fuel efficiency criteria. As a result, the auto industry is shifting its focus to cars that run on electricity and other environmentally benign fuels. Global demand for an EV battery thermal management system is on the rise owing to rising commercial and consumer vehicle production and improvements in technology. Valeo, for one, has released battery cooling systems and a wide variety of coolers solutions for both plug-in hybrids and fully electric vehicles. Car cabins can be heated, cooled, and dehumidified to perfection with the help of a heat pump system that uses collected ambient energy.

Key Takeaways

The Chinese EV battery heating system market is expected to register a CAGR of 14.9% through the forecast period.
The U.S. EV battery heating system market is anticipated to hold a market share of 12.5% of the global market.
Germany is expected to follow the U.S. in leading the global market with a share of 10.2%.
The hybrid electric vehicle segment is expected to hold a share of

Competitive Landscape

Numerous local companies contribute to a modest level of fragmentation in the EV battery heating system industry. These market players are making investments, forming partnerships, acquiring other companies, and merging in order to expand their share of the market. Companies are also spending R&D to enhance battery cooling systems, which should enable batteries to run even better and longer. Keeping their prices reasonable is another one of their primary objectives.

Key players in the EV battery heating system market include

Modine Manufacturing Company, continental ag, gentherm, Dana Limited, Hanon Systems, Valeo, MAHLE GmbH, Robert Bosch GmbH, Grayson, VOSS Automotive GmbH

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Some Key Recent Developments in the EV Battery Heating System Industry are:

NIO’s first battery swap station in Germany, located in Zusmarshausen along the A8 highway between Munich and Stuttgart, was officially opened in September 2022. The battery swap station has a maximum daily capacity of 312 power swaps. Before any exchange, we’ll check the condition of the vehicle’s electric control system, motor, and battery.
Singapore-based Oyika Pte Ltd (“Oyika”) and Asia’s leading green independent power producer and investor, NEFIN Group (“NEFIN”), signed a Memorandum of Understanding (MOU) in September 2022 to encourage the widespread use of electric vehicles (“EVs”) throughout Singapore, Cambodia, Malaysia, Thailand, and Indonesia.
The Indonesian Ministry of Investment and Investment Coordinating Board (BKPM), PT inked an MOU with Hon Hai Technology Group (Foxconn) in January 2022. (MoU). Sustainable energy ecosystem development in Indonesia is a joint effort by PT. IBC (Industri Baterai IndonesiaIndika Energy Corporation, Indika) and Gogoro Taiwan Limited. Battery technology, electric transportation, and associated businesses is likely to be the ecosystem’s primary areas of interest.

Key Segments in the EV Battery Heating System Market

Type:

Active
Passive
Hybrid

Technology:

Liquid Cooling and Heating
Air Cooling and Heating
Others

Propulsion Type:

Battery Electric Vehicle
Hybrid Electric Vehicle
Plug in Hybrid Electric Vehicle
Fuel Cell Electric Vehicle

Vehicle Type:

Passenger Vehicles
Commercial Vehicles
Two-Wheeler
Three-Wheeler

Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani