Market Research Blog – Page 9788 – New Product Development

Biotin Supplements Market is Expected to reach US$ 3.85 Bn by 2032

The market for biotin supplements market size is anticipated to grow at a CAGR of 11% over the course of the forecast period, from US$ 2.06 billion in 2022 to US$ 3.85 billion by 2032.

Biotin, initially known as vitamin H, is a type of vitamin B (B7). Biotin is a combination of coenzyme, and vitamin B. B complex vitamin, prenatal, multivitamins, or biotin alone forms the biotin supplements. Biotin supplements metabolize the eaten food, helps in building cells and regulates fats and carbohydrates distribution of the body. Biotin deficiency is one of the primary reason for the intake of biotin supplements; however, the occurrence of biotin deficiency is infrequent.

The global biotin supplements market is forecasted to witness a steady growth owing to rising awareness among the population regarding health benefits from biotin supplements. It is anticipated to propel the biotin supplements market due to increasing popularity and growing demand by consumers.

The market for biotin supplements is anticipated to grow at a CAGR of 11% over the course of the forecast period, from US$ 2.06 billion in 2022 to US$ 3.85 billion by 2032. During the projection period, it is anticipated that the market for biotin supplements would exhibit encouraging growth possibilities.

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The positive attitude of the consumers towards dietary supplements, having added health and wellness benefits has a very positive impact on the biotin supplements market. Nonetheless, the increasingly health-conscious consumers across the globe are expected to drive the biotin supplements market. Also, medical discoveries and food innovations are estimated to aid the biotin supplements market growth.

Biotin Supplements Market: Market Dynamics
The health benefits offered by biotin supplements such as strengthening nails, reducing hair loss and thinning, prevent biotin deficiency. Biotin supplements are useful to minimize biotin deficiency for pregnant women, certain epilepsy medications, chronic smoker, alcoholic, and a person eating lots of processed foods. These factors boost the biotin supplements market growth. Changing lifestyle, globalization, and hectic daily routines are some of the other factors fuelling the growth of biotin supplements market. Favourable outlook towards medical nutrition has propelled the biotin supplements market.

Biotin Supplements Market: Key Players
Some of the major players in the biotin supplements market are Sports Research, The Nature’s Bounty Co., Pure Research Products, LLC, Zhou Nutrition, Natrol LLC, Church & Dwight Co. Inc., LifeGarden Naturals, NOW Foods, Jarrow Formulas, Inc., Doctors Best, Zenwise Health, SBR NUTRITION and among others. The market players are estimated to impact market positively by focusing on marketing strategies considering healthy lifestyle to expand across all the countries.

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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 categories such as market segments, geographies, types, technology and applications. The report covers exhaustive analysis on:

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

Regional analysis includes:

Malaysia
Thailand
Vietnam
Philippines
Indonesia

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 an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Recent Developments

Zhejiang Xinhecheng Co., Ltd. (China) and DSM (Netherlands) inked a contract for the sale and purchase of cholesterol in January 2019. Vitamin D3 is made from cholesterol. This deal is projected to assist the organisation in increasing its total capacity and Vitamin D productivity.
Fermenta Biotech Limited (India) signed a 99-year lease deal with the Gujarat Industrial Development Corporation (GIDC) authority in Ankleshwar, Sayakha, in January 2019 to acquire a 40,000-square-meter plot of land for future expansion. By the end of 2020, the company hopes to start manufacturing.
Xiamen Jindawei Vitamin Co., Ltd. and Wu Kun Health Food Co., Ltd. (Japan) formed a joint venture in April 2016. This agreement aided the company’s expansion in Japan.

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

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Pet Insurance Market Sales are Currently Valued at Around US$ 7.8 Bn in 2022

The global pet insurance market size is estimated to reach US$ 38.8 Bn. By the end of 2030, A report by Future Industry Insights (FMI) predicts that the market will grow steadily between 2022 and 2030 at a CAGR of 11%. The paper claims that the growing number of pet owners, more knowledge of pet insurance, and related health advantages of pet ownership will fuel market expansion.

The research provides a thorough analysis of the industry, highlighting the major trends, opportunities, and development drivers. It offers the most precise analysis of the market via the use of original research techniques.

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It includes in-depth insights into the pet insurance market.

Some of these are:

The estimated value of the market at US$ 7.8 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Regionally, North America dominates the pet insurance market globally.
Latin America emerges as one of key markets owing to high pet ownership in the region.
Dogs and Cats segment hold the highest value share in pet insurance market.
‘Accident & illness’ coverage option comes out as the most preferred type of pet insurance among pet owners
Key players are likely to focus on new service offerings to stay relevant in developed markets.

Growth in Pet ownership and Selling Techniques of Companies to Create Opportunity for Expansion
Rise in number of companion animals, increase in awareness about pet insurance, growth in pet ownership propels the growth of the pet insurance market. The Pet health insurers offer different plan options or tiers with varying policy limits which also attracts pet owners towards pet insurance.

However, high cost of pet insurance policies, lack of awareness among consumers, and government regulation limits the growth of the market. Marketing strategies adopted the insurance companies include online marketing, veterinary clinics, pet stores, shelters and animal support and rescue organizations or word of mouth referrals which also fuel the pet insurance market for further growth. Furthermore, largely untapped market with extremely low penetration rates is expected to provide numerous opportunities for the pet insurance market.

Accident & Illness Policy Coverage Fuels Demand for Pet Insurance
Pet insurance which is becoming a norm of most of the developed countries. Pet insurance market is gaining traction by the accident & illness insurance policy as it provides both accident and illness coverage. Rapidly increasing consumer’s awareness on pet’s diseases, rising veterinary costs and marketing efforts of industry operators have caused consumer acceptance in the pet insurance market.

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Who is winning?
Some of the leading players operating in the pet insurance market are Figo Pet Insurance LLC., Embrace Pet Insurance Agency LLC, Hartville Group, Health for Pet, Hollard, Oneplan, Petfirst Healthcare LLC, Protectaplan, Petplan Limited, Trupanion, Inc., Nationwide Mutual Insurance Company., Anicom Holdings Inc, Pethealth Inc., Royal & Sun Alliance Insurance Company of Canada, Inc., Direct Line Insurance Group plc, Pet secure, Healthy Paws, 24PetWatch etc.

As a result of increasing competition, companies are focusing on expanding their product portfolio. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

In March 2019, CareCredit, LLC, a healthcare financing company of Synchrony Financial, had acquired a Idaho based pet insurance company Pets Bestto to expand its current product/service offering
In Dec 2019, MetLife Inc. had acquired Jeffersonville-based company PetFirst to enter into pet insurance market

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Key Segments of Pet Insurance Industry Survey
Pet Insurance Market by Policy Type:

Accident
Accident & Illness
Embedded Wellness

Pet Insurance Market by End User:

Pet Insurance for Dogs
Pet Insurance for Cats
Pet Insurance for Horses
Pet Insurance for Exotic Pets
Others

Pet Insurance Market by Region:

North America Pet Insurance Market
Latin America Pet Insurance Market
Europe Pet Insurance Market
East Asia Pet Insurance Market
South Asia & Pacific Pet Insurance Market
Middle East & Africa (MEA) Pet Insurance Market

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Building-Integrated Photovoltaics Market is expected to grow at a 21% value CAGR

According to a recently released analysis by Future Market Insights, the building-integrated photovoltaics market is anticipated to develop at a 21% value CAGR over the forecast period 2022-2032, reaching US$ 134.31 Billion. Due to the rapid increase in PV (photovoltaic) capacity in many nations and the rising demand for renewable energy, the global market for building-integrated photovoltaics is anticipated to rise quickly.

From 2017 to 2021, the building-integrated photovoltaics industry grew at a CAGR of 14.5%. The green building movement and environmentally-conscious consumers are driving the demand for building-integrated photovoltaics. At the same time, governments of various countries encourage manufacturers to utilize these materials more.

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The demand for building-integrated photovoltaics is predicted to increase as aesthetically pleasing solar harvesting systems become more popular in North America. Furthermore, evolving Building-integrated Photovoltaics solar panel production technologies, as well as a high level of disposable income among consumers in the region, primarily the U.S. and Canada, are also likely to boost demand over the next decade.

Key Takeaways from the Market Study

In 2021, the market was estimated to have a global valuation of US$ 16.5 Billion.
In 2022, the market is estimated to have a global market size of US$ 19.97 Billion
The building-integrated photovoltaics market in Europe occupied a market share of 37.68% in 2021.
The crystalline silicon segment took over 72% of the global building-integrated photovoltaics market share.
Nearly 62% of building-integrated photovoltaics sales to be for roof applications
As of 2021, the industrial segment accounted for 40.5% of the global market.

Competitive Landscape

As a way to gain more market penetration and meet the changing needs of architects and construction contractors, Building-integrated Photovoltaics manufacturers have developed multiple joint ventures, partnerships, agreements, and collaborations.

In October 2021, Meyer Burger, a Swiss manufacturer of PV modules, began offering BIPV systems. Meyer Burger will offer rooftop solar power systems.
In 2021, Onyx Solar, a Spanish producer of BIPV solar systems, installed approximately 3,250 crystalline solar modules on the facade of Sterling Bank’s Nigerian headquarters.
In September 2021, China Southeast Space Frame Group (SSFG) and First PV formed a joint venture to install 950 MW of solar PV in China over the next five years.

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About the Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Key Segments Covered In The Building-Integrated Photovoltaics Market Report

Building-integrated Photovoltaics Market by Technology:

Thin Film Building-integrated Photovoltaics
Crystalline Silicon Building-integrated Photovoltaics
Other Building-integrated Photovoltaics Technology

Building-integrated Photovoltaics Market by Application Type:

Building-integrated Photovoltaics for Roofs
Building-integrated Photovoltaics for Walls
Building-integrated Photovoltaics for Façades
Building-integrated Photovoltaics for Glass
Building-integrated Photovoltaics for Other Applications

Building-integrated Photovoltaics Market by End-User:

Industrial Building-integrated Photovoltaics
Residential Building-integrated Photovoltaics
Commercial Building-integrated Photovoltaics

Building-integrated Photovoltaics Market by Region:

North American Building-integrated Photovoltaics Market
Europe Building-integrated Photovoltaics Market
Asia Pacific Building-integrated Photovoltaics Market
Middle East & African Building-integrated Photovoltaics Market
Latin America Building-integrated Photovoltaics Market

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Battery Operated Lights Market Worth US$ 300 Bn by 2032 | Future Market Insights

The battery operated lights market size is estimated to grow from US$ 112 Billion in 2022 to a worth of US$ 300 Bn by 2032, registering a CAGR of 10.3% over the forecast period.

A thorough analysis of the business models, main business strategies, and respective market shares of some of the most significant companies in this market is provided in the Battery Operated Lights market study.

The comprehensive analysis provides market statistics in terms of revenues, segment-specific data, regional data, and country-specific data in addition to an in-depth commentary on the key affecting variables. One of the most thorough studies that examines every aspect of the changing battery-operated light market is this one.

Battery Operated Lights Market: Overview

Battery operated lights are the efficient option of lighting that do not need direct wiring. Battery operated lights often considered as energy efficient lights with simple installation and set-up process. These lights can be used inside home to illuminate or can be used in stairs or outside area of the house.

There is also significant usage can be seen in commercial places or shops. These lights are portable, easy to install at any place which is the primary reason for its popularity. Battery operated lights also used as permanent and temporary lighting. Some battery operated lights which are fixed or mounted on wall or ceiling are permanent and lights are used as seasonal or festive lights which are temporary lights.

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The demand for battery operated lights are growing due to its energy efficiency, portability and easy installation. Technological advancement in lighting sector also helps in demand generation for battery operated lights. These lights can be used in home, office, car, camper etc.

LED lights are primarily used in most cases for battery operated lights. The wireless battery operated lights are now in trend and attracts the attention of consumers in the lighting category. Growing demand for wireless technology has also give a boost to the wireless battery operated light segment.

Battery Operated Lights Market: Market Dynamics

Increasing popularity of portable lights, energy efficiency, and advancement in lighting industry drives the demand for battery operated lights. Intelligent lighting and LED technology are the current trends to observe in lighting industry which has a direct impact on battery operated lights market. The battery operated lights market gains popularity due to its energy efficiency and competitive pricing in the lighting market.

Manufacturers of battery operated lights are now coming with latest launches with new features such as active thermal protection, flicker-free smooth dimming, improved optical systems etc. In recent time, manufacturers are more focused on new innovations. As an example, the manufacturers have produced color stay shampoo which is sulfate-free and free from skin irritation. Growing usage of battery operated lights manufacturers are primarily divided into two categories.

The seasonal or temporary battery operated lights manufacturers’ concentration mostly seen in Asia Pacific due to high presence of Chinese players whereas permanent battery operated lights manufacturers are primarily based in USA. Battery operated lights manufacturers are focused on building an effective sales and distribution channel as a part of their sales strategy and as an implementation, they have been focusing on online sales channel.

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The lighting industry has been developing since past years due to the advancement in lighting sector such as energy efficient lighting, smart lighting, human centric lighting and LiFi technology. Growing consumer awareness about environment and light’s durability has pushed the manufacturers for production of LED lighting and other lighting technological lights.

Battery Operated Lights Market: Regional Outlook

The battery operated lights market is expected to perform a steady growth across all the geographies during the forecast period. Use in residential and commercial segments are likely to push the sales of battery operated lights market. Moreover, availability on e-commerce sites also drive the sale of battery operated lights.
North America and Europe holds a significant share of battery operated lights market due to better technology infrastructure, growing awareness about energy efficiency, government’s initiative and incentive schemes drive the battery operated lights market in developed regions. Government’s offer on incentives and rebate scheme on replacement of traditional lamps with LED products further boost the battery operated lights market.
The federal government of United Sates offers this number of incentives and government rebates while Europe has also taken initiative as Europe 2020 plan as European Union’s energy policy. Emerging countries such as China, India have larger population in comparison to other countries. China’s Elcoma visison 2020 and India’s UJALA scheme are the initiatives taken in this way. These initiatives or approaches to promote LED lighting further boost the battery operated lights market.

Battery Operated Lights Market: Key Players

Some of the key players operating in the global battery operated lights market Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others

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Battery Operated Lights Market: Market Segmentation

The battery operated lights market is segmented into different parts based on the technology, product price, end use, and sales channel.

On the basis of technology, the global battery operated lights market has been segmented as –

Fluorescent
Incandescent
LED

On the basis of pricing, the global battery operated lights market has been segmented as –

High Range
Mid-Range
Economical

Based on end use, the global battery operated lights market is segmented into:

Residential
Commercial

On the basis of the sales channel, the global battery operated lights market has been segmented as –

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Independent Small Stores
Multi-Brand Stores
Online

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Wedge Boots Market is Expected to Reach a Industry valuation of US$ 3,400 Mn by 2022

The global wedge boots market is expected to reach a market valuation of US$ 3,400 Million by the year 2022, accelerating with a moderate CAGR of 3.8% by 2022-2032. Wedge Boots market size is anticipated to be valued at about US$ 4,940 Million by 2032 end.

Wedge boots have become a wardrobe staple for modern ladies thanks to its good looks, comfort, versatility, and wide availability of many types. The product’s popularity has skyrocketed alongside the influence of famous people on it, thanks to various forms of media such as movies, TV shows, newspapers, social media platforms, and more.

The increasing number of working women has led to a surge in interest in the demand for wedge boots. Wedge boots are popular in the winter because they help keep feet warm and dry, which is especially important in colder climes.

As more and more runways show highlight wedge boot styles, this serves as a crucial growth driver as it introduces the product to a larger audience and perhaps inspires more people to buy them. Wedge boots became commercially available after they became a staple at festivals, clubs, bars, and other social gatherings. Since most fashion enterprises are relocating to major cities, where the population is both more affluent and more fashion-conscious, this trend also contributes to the growth of the wedge boots market.

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Due to the widespread availability of wedge boots in retail establishments across Europe, including department shops, specialty boutiques, shoe stores, and shopping centres, the region is poised for rapid growth in the future years. Demand for wedge boots is rising thanks in part to the product’s suitability for use in popular night-time hangouts like bars, pubs, cafes, pool parties, concerts, and others. Increasing rates of shopping addiction are also contributing to the growth of the retail industry.

Key Takeaways

North America is the fastest growing region for the Wedge Boots market with a market share of 54%.
More and more runway shows are using different styles of wedge boots, which is likely to increase demand for them.
Manufacturers are releasing a new line of high-end wedge boots with innovative design and cutting-edge technology.
During the forecasted period, North America is anticipated to be the most important area for the wedge boots market with a share of 29.54%.
Asia Pacific wedge boots market has a market share of 76%.

Competitive Landscape

It is anticipated that major players in the wedge boots market would place increased emphasis on developing their businesses in the Asia Pacific region, notably in countries like India and China, as the demand for wedge boots continues to grow. The leading firms in the wedge boots industry are likely to increase their spending on R&D in the coming years as they attempt to keep up with the wedge boots market and stay ahead of the competition.

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The quality and durability of wedge boots are well-known. The proliferation of boot brands and the subsequent flood of new products has fuelled the growth of the wedge boots market. Since these items are used so frequently, especially in climates with milder winters and summers, rising demand for wedge boots is anticipated. We see a rise in demand for lightweight and flexible items as more cutting-edge production methods and materials become available. Leather shoes are highly sought after by consumers because of its durability and adaptability to a wide variety of settings and occasions, from manual labour to a night out on the town in designer heels.

Wedge boots continue to be in high demand, and companies are responding to consumer demand by releasing new, more fashionable ankle boots. Manufacturers are releasing a new line of high-end wedge boots with innovative design and cutting-edge technology. Those same factors are likely to play a significant role in driving the wedge boots market forward throughout the anticipated time frame.

The key players in the market include Clarks, Calvin Klein, GUESS, Charles, Wolverine, Calzaturificio Casadei SpA, Bottega Veneta, and Giuseppe Zanotti

Wedge Boots Market by Segmentation

By Size:

< 6 inches
9 – 10 inches
10 – 11 inches
> 11 inches

By User:

Men
Women

By Material:

Leather
Textiles
- Cotton
- Nylon
- Wool
Synthetic Leather
Rubber
Foam

By Sales Channel:

Hypermarkets / Supermarkets
Footwear Stores
Convenience Stores
Online
- Third Party
- Company Website
Others

By Region:

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

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IoT Device Management Platform Market is projected to top US$ 39.7 Bn by 2032

According to the IoT device management platform analysis by Future Market Insights (FMI), the demand in the market will increase at a healthy CAGR of 24.4% from 2022-2032.

The report states that the market is expected to reach the valuation of ~US$ 4,463.5 Mn by the end of 2022. Sales are expected to be driven by factors such as the overall development of IoT network and systems, increasing concerns regarding network security, escalating need to track the health, etc.

IoT device management systems allow organizations to collect and analyze data. It also functions as the bridge between the edge network and user’s downstream data servers and enterprise applications which is also anticipated to augment growth.

An IoT network and device management platform provides centralized management, uncomplicated provisioning, and real-time insights into all current device and integrations to support organizations stay on top of their deployment.

IoT device management platform is integrated with a strongand accessible wireless solution, it permits users to easily broaden IoT network and solutions at the reduced cost and complexity thus, all these advantages offered by the IoT device management platform are contributing to the market growth.

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Wearable technology, like smart watches, have an enormous potential in the IoT space and for numerous businesses. Fitness and lifestyle-based businesses will mainly find this trend advantageous, considering the fact that various smart watches and wearable devices are combined with health and fitness tracking options.

Wearable IoT devices could be utilized to protect and monitor heart attacks, monitor EMG sensors for stroke patients, and monitor asthma. IoT device management platform offers features such as real time device tracking, secure connectivity and data collection, data integration across apps/devices, over the air software updates, and sensor data analytics for smart wearables. Thus, development of wearable IoT technology is increasing the demand for smart wearables.

Agriculture industry is one the major industries for adoption of IoT technologies for a wide scale of applications like smart irrigation, activating frost fans, automated feeding systems to tank and feed bin tracking, and other mechanized procedures.

Predictive analytics feature offered by IoT device for smart farming is the major trend in the agriculture industry because its helps farmers to make plans concerning the production and storage of the crops, marketing approach, and risk management.

As per the report by Business Application Research Center (BARC), the adoption of IoT devices in the agriculture industry have reached US$ 75 million in the year 2020, growing at around 20% annually. Smart farming based on IoT technologies permits farmers to reduce waste and improve productivity ranging from the amount of fertilizers used to the number of journeys the farm vehicles have made, and enabling well organized usage of resources like electricity, water, etc.

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Key Takeaways: 

By solution, the IoT device management platform segment is anticipated to account for the leading share in the global demand for IoT device management platform in 2022.
By enterprise size, the small and mid-sized enterprises segment is estimated to grow at a robust CAGR of 26.0% through 2032.
By industry, the healthcare segment is anticipated to grow at a CAGR of 33.1% between 2022 & 2032.
Europe is expected to progress at the highest CAGR of around 33.0% followed by South Asia and Pacific in 2032.
The market in Japan is expected to progress at a CAGR of around 27.8% through 2032.
In India, sales are expected to grow at a CAGR of close 34.0% over the next ten years.

IoT Device Management Platform Outlook by Category
By Solution:

IoT Device Management Platform
- Cloud-based
- On-premise
Services
- Professional Services
  - Consulting
  - Integration and Deployment
  - Support & Maintenance
- Managed Services

By Enterprise Size:

Large Enterprises
Small and Mid-Sized Enterprises (SMEs)

By Industry:

Manufacturing
IT and Telecom
Government
Healthcare
Transport and Logistics
Energy and Utilities
Retail

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Latex Mattress Market to Hit US$ 20 Billion by 2032 | Future Market Insights

The latex mattress market size is expected to reach at US$ 20 Billion in 2032 at a robust CAGR of 7% during the forecast period 2022-2032.

Recently, a business intelligence research on the world market for latex mattresses was released by Future Market Insights (FMI). The study provides a comprehensive overview of the history, present, and future prospects for the market for latex mattresses. According to the worldwide industry analysis and opportunity assessment research by FMI, the market for latex mattresses is anticipated to increase strongly between 2022 and 2032.

The report offers in-depth analysis on significant trends and growth drivers which are having an impact on the Latex Mattress Market growth. New opportunities and challenges are also thoroughly analyzed to enable market players to make effective future business decisions.

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According to the FMI’s report, the Latex Mattress Market is projected to record a CAGR of 7% over the forecast period. Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Latex Mattress Market. FMI’s analysts rely on modern-day research methods for the compilation of the Latex Mattress Market report and gather data from a wide range of primary and secondary sources.

Impact of COVID-19 on Latex Mattress Market

The COVID-19 outbreak has been posing staggering health and humanitarian challenges. As with many industries, retail and consumer products industry has been particularly affected, with companies struggling with demand that is either evaporating or increasing over the available supply. Additionally, factory closures, movement restrictions, and supply chain disruptions induced by the current crisis are resulting in product shortages in the Latex Mattress Market in 2020.

The FMI’s recently published report include an important chapter on the COVID-19 impact analysis to aid Latex Mattress Market stakeholders in deploying innovative strategies to overcome the challenges that lie ahead of the crisis. The report further helps companies get access to necessary information surrounding the COVID-19 and its impact on the Latex Mattress Market.

Key Questions Addressed in the Latex Mattress Market Report

What are headwinds and tailwinds shaping the growth curve of the global Latex Mattress Market?
Which factors will continue to influence growth of the regional Latex Mattress Market?
What are the recent technological developments in the Latex Mattress Market?
What are key challenges and competition threats faced by Latex Mattress Market players?
How will evolving regulatory policies impact the market growth?

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Latex Mattress Market: Competition Assessment

The FMI’s Latex Mattress Market report provides a dashboard view of major players operating in the Latex Mattress Market. Some of the key players are:

Sleep On Latex Company, Simmons Bedding Company LLC, Astrabeds LLC, Spindle Mattress Company, Dreamfoam Bedding Company, Sleep Number Corporation, PlushBeds, Inc., Royal-Pedic Mattress Manufacturing LLC, Spring Air International Inc. LLC, Organic Mattress Inc., Kinsdown, Inc., Pure LatexBliss LLC, Southerland, Inc., Relyon Company, Corsicana Bedding, Inc. and The Saatva Company, among others.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Latex Mattress Market.

Latex Mattress Market: Key Segmentation

On the basis of latex processing type, the global latex mattress market has been segmented as –

Talalay
Dunlop
Others

On the basis of source, the global latex mattress market has been segmented as –

Synthetic
Natural
Blended

On the basis of end user, the global latex mattress market has been segmented as –

Commercial
Residential

On the basis of sales channel, the global latex mattress market has been segmented as –

Hypermarkets/Supermarkets
Multi-brand Stores
Specialty Stores
Independent Small Stores
Online Stores
3rd Party Online Stores
Company Websites

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Data Center Liquid Cooling Market is predicted to grow US$ 12.7 Bn in 2032

As per Future Market Insights, the global data center liquid cooling market is expected to rise at a CAGR of 19.4% to reach a valuation of US$ 12.7 Bn by 2032 from US$ 2.2 Bn in 2022.GPUs aid in the acceleration of computational operations, which is a key component of modern AI infrastructure. Data center GPUs are built for large-scale projects and are used for deep learning technology implementations.

They may deliver enterprise-grade performance and are utilized for deep learning technology implementations. The increased use of GPUs has resulted in increased data centre liquid cooling consumption around the world.
Due to the halts in data centre development projects during lockdowns, the pandemic had a moderate influence on the market in 2020, with the sector reporting a fall in demand for new data centre liquid cooling systems.

In 2021, the market grew steadily, owing to increased demand for online services and increased data capacity in numerous application fields.The requirement for managed network services and remote working applications has risen recently, prompting businesses to invest in a variety of developing technologies and also increasing the demand for data center liquid cooling.

The current data center liquid cooling market trends indicate that the IT infrastructure has gotten more diverse in recent years. Operators and service providers of telecom data centres and services have the chance to develop new technology.

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To ensure that all services are provided at high speed and correctly, telecom data centres make considerable use of fiber networks. For mobile services, content distribution, and cloud services, this necessitates high connectivity. As a result, there is a lot of use of density racks, which leads to a lot of demand for data centre liquid cooling systems.

As per the data center liquid cooling market study by FMI, large data centres are distinguished by their extensive use of processing power to meet the data centre needs of large corporations. These data centres are distinguished by stringent operational cost limits and stronger demand for energy efficiency.

Currently, these data centres are seeing a lot of racks- and row-based cooling solutions, but immersion cooling technologies are expected to see a lot more acceptance because of the higher cooling requirements of high-density server racks. The increased demand for energy-efficient cooling solutions, compact and noise-free solutions, lower operating costs, and improved overclocking capability are all major drivers driving the data center liquid cooling market’s growth.

Furthermore, advances in artificial intelligence, blockchain, and other emerging technologies, as well as high-density cooling, are projected to open up several prospects for data centre liquid cooling manufacturers.

Key Market Trends
Germany’s demand for data centre liquid cooling is expected to climb 7.7 times by 2032, making it the fastest-growing sector in Europe.
The US data center liquid cooling market size is expected to reach a valuation of US$ 4.1 Bn by 2032.

Cold plates dominated the data centre liquid cooling market in terms of cooling type, with a market share of 33% in 2021. During the years 2022-2032, however, demand for direct liquid cooling is expected to grow at a 30 percent CAGR. The large data centers in the data center liquid cooling market are projected to rise at a CAGR of 17.7% throughout the forecast period.

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Competitive Landscape
The data center liquid cooling market’s major players include Aecorsis BV (Asperitas), Alfa Laval AB, Asetek A/S, Bitfury Group Limited (Allied Control Ltd.), Rittal GmbH & Co. KG, Black Box Corporation (AGC Networks Pvt Limited), Chilldyne Inc., CoollIT Systems Inc., DCX The Liquid Cooling Company, Green Revolution Cooling (GRC), Inc., IBM Corporation, Iceotope Technologies.

These thought leaders are concentrating on strategic partnerships in order to evaluate the potential of data centre liquid cooling systems and speed up the data center liquid cooling market adoption.

Recent Developments
Liquid Stack will attend the Supercomputing ’21 Conference in St. Louis in November 2021. The business unveiled its first OCP open accelerator infrastructure (OAI) servers that are optimised two-phase liquid immersion-cooled.

Wiwynn’s sophisticated hardware, combined with Liquid Stack’s two-phase immersion cooling technology, provides unparalleled levels of processing power, efficiency, and space savings. Wiwynn’s optimised high-performance OAI servers with Habana Gaudi processors are shown in a 2-phase immersion-cooled Liquid Stack data tank in this integrated presentation.

Icetope Technologies Limited announced the release of a highly scalable, GPU-rich, and liquid-cooled solution for the deployment of HPC and AI workloads in colocation using Lenovo ThinkSystem SR670 servers in January 2021, which is projected to have a positive impact on the data center liquid cooling market growth.

Key Segments

By Component:

Services
Solution

By Data Center Type:

Small & Medium Sized Center
Large Center

By Component:

Solution
Services

By End Use:

Cloud Providers
Colocation Providers
Enterprise
Hyperscale Data Centers

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Rain Boots Market Is Predicted to Grow at 4.2% CAGR through 2032 | FMI

The rain boots market is anticipated to be worth around US$2590 Million by 2032, up from US$1720 Million in 2022, with a CAGR of 4.2% from 2022 to 2032.

An adequate portion of the world’s footwear market is occupied by rain boots, which are also largely to blame for the rain boots market’s positive volume and value growth. The rain boots market is expanding globally due to factors like rising demand as well as product variety in terms of design and colour.

The prevalent spread of COVID-19 has caused border closures, transportation network breakdowns, and city lockdowns. This led to the closing of factories and offices, which decreased product demand. Additionally, the outbreak’s closure of stores and factories had an impact on the production of goods. With the reopening of economies, rain boots market growth is probably going to pick up speed.

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Introduction of Fresh Creative Ideas

The global rain boots market is expected to grow steadily due to the rising footwear industry, with a focus on rain boots, which is expected to fuel demand for rain boots in the coming years.

The introduction of new and innovative designs, as well as increased consumer interest in rain boot fashion trends, are key factors driving market growth. Furthermore, e-commerce trends are expected to fuel rain boots market growth.

Online Retailers

Online retailers offer a wide range of collections, deals, and prices for their products, which has increased their appeal. Rain boots are in high demand because consumers are becoming more fashion-conscious. A further on-going trend that is anticipated to support growth in the ensuing years is the increasing adoption of rain boots in the industrial sector around the world.

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R&D Efforts

Additionally, the major companies are using a number of key strategies to increase their rain boots market share, including company mergers and acquisitions, diversification of their product portfolio through R&D effort.

Leading players began producing sophisticated and innovative products as a result of their on-going involvement in product innovation through research and development activities. Additionally, the demand for men’s and women’s versatile, comfortable, and stylish goods is rising, along with consumer lifestyle and preference changes, which are all contributing to the global rain boot market boom.

Regional Outlook

The Asia Pacific rain boots market is expected to grow rapidly due to the emergence of new industries that require rain boots for airing working operations, such as oil and gas, agriculture, and utilities.

Due to the presence of large players and weather conditions, the rain boots market in North America and Europe is expected to be the dominant region.

KEY TAKEAWAYS:

The manufacturing industry dominated the global rain boots market and contributed more than 35.0% of total sales.
With a rain boots market share of 17.3% in terms of revenue, Europe dominated the global rain boots market.
With a rain boots market share of 32.50% in terms of revenue, North America dominated the global rain boots market.

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COMPETITIVE LANDSCAPE:

The major players in the rain boots market are fierce competitors on the global market for rain boots. Hunter Boot Limited, Aigle Footwear Company, Kamik, Bata Limited, Puma SE, Adidas AG, Nike Inc., New Balance Athletics Inc., Capelli New York, UGG Footwear Company are a few of the major players in the global rain boot market.

Recent Development:

A controlling interest in Hunter Boot Ltd. has been acquired by Searchlight Capital Partners. The expansion of the Hunter Company into new markets and related product categories will be aided significantly by Searchlight.
To design, produce, and market XpresSpa travel and spa accessories, XpresSpa announces a partnership with Capelli New York.
Launch of an inclusive footwear line by UGG and Zappos.com
The TRACK at New Balance, a new state-of-the-art multi-sport facility where Team New Balance, professional athletes, and community athletes will train and compete year-round, has been unveiled by global athletic leader New Balance.
A pair of rain boots that is extremely fashionable and as vibrant as May flowers have been released by the Montreal-based shoe company Kamik.

Key Segments

On The Basis of Material Type:

Natural Rubber
Synthetic Rubber

By End Use :

Men
Women
Kids

By Distribution Channel:

Online Distribution Channel
Offline Distribution Channel

By Region:

North America
Latin America
Asia Pacific
Middle East and Africa
Europe

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Window Air Conditioners Market: Top Trends and Industry Overview to Watch for in 2032

The global window air conditioners market size is expanding as a result of rising disposable income and expanding urban infrastructure in the majority of the world’s regions. Technology developments like improved efficiency and low power consumption are also being seen in the window air conditioner industry.

Air conditioners have also developed into a necessity with technological improvement, not just in the summer but also during the winter. In many parts of the world, air conditioners are no longer seen as a luxury item, but rather as a necessity.

The growing market penetration of the global window air conditioners market is demonstrated by the rising demand for window air conditioners around the world. Although window air conditioners are not far behind split air conditioners in terms of income creation on the global market, they are not far behind.

The market for window air conditioners is also divided based on the industry in which they are used, with residential, commercial, and industrial sectors all using window air conditioners. However, the residential sector is where window air conditioners are most commonly used in the worldwide window air conditioner market.

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Window Air Conditioners Market: Drivers & Restraints

Some of the factors driving the growth of the global windows air market in the developing regions include various technological advancements over the past few years, increasing infrastructure development particularly pertaining to real estate projects including both residential and commercial sectors, increase in purchasing power, and urbanisation.

Extreme weather conditions and the expansion of the tourist and hospitality industries are other factors driving the worldwide window air conditioners market. The global window air conditioners market is slowly recovering from the 2008 financial crisis. The worldwide window air conditioners market is being driven by the trend toward star labelling and standardisation of window air conditioners, which was sparked by environmental concerns and energy efficiency.

The price and limitation of space might be some of the challenges for the growth of global window air conditioners market.

Window Air Conditioners Market: Region-wise Outlook

Asia-Pacific excluding Japan is one of the regions where the demand for window air conditioners is expected to expand. This is because window air conditioners are specifically priced between split air conditioners and portable air conditioners and the region is frequently seen as a price-sensitive market.
Window air conditioners effectively overcome the drawbacks of portable air conditioners, which is driving up demand for window air conditioners globally. On the other hand, consumers’ preferences are shifting toward the global window air conditioners market as a result of the high cost of split air conditioners.

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Window Air Conditioners Market: Key Players

There are many large participants on the international window air conditioners market. Daikin Industries, Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Hitachi, Ltd., Samsung Electronics, and other companies are some of the industry participants for window air conditioners worldwide.

The study report provides a thorough analysis of the market and is filled with intelligent observations, information, historical facts, and market data that has been statistically backed and verified by the relevant industries. It also includes estimates made utilising the appropriate methodology and set of assumptions. According to market segments including regions and End Use industries, the research study offers analysis and information.

Frequently Asked Questions

What Region hold the Largest Window Air Conditioners Market Share?
What is the Key Driver of the Window Air Conditioners Market?
What are the Strategies Adopted by Major Players in the Window Air Conditioners Market?

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