Residential Real Estate Market Size, Top Companies, Development Status and Forecast by 2027

The Residential Real Estate Market size accounted for $8,567.4 billion in 2019, and is expected to reach $12,182.1 billion by 2027, registering a CAGR of 9.0% from 2020 to 2027. In 2019, the less than $300,000 segment dominated the residential real estate market, followed by the $300,001 to $700,000 segment.
The residential real estate market includes revenue generated by buying and selling of residential properties that consist of mini-flats, studio apartments, bungalows, and villas.
Top Companies

The major players profiled in the residential real estate market include Arabtec Holding, Christie’s International Real Estate, Coldwell Banker Real Estate LLC, DLF Limited, Engel & Völkers AG, Hochtief Corporation, IJM Corporation Berhad, Lennar Corporation, Pultegroup, Inc., Raubex Group Limited, Savills plc, Sotheby’s International Realty Affiliates LLC, Sun Hung Kai Properties Limited, and Vinci. 

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The residential real estate market is mainly driven by rise in urbanization in developing countries. In addition, rise in population has led to rise in demand for residential properties. Moreover, several government policies such as Golden Visa, low interest rate on loans, and affordable housing schemes also propel the market growth.
However, there is excess construction of residential properties in developed countries, which has increased the demand and supply gap and brought the residential real estate market to a saturation point. In addition, owing to the outbreak of COVID-19, lockdown was announced, which, in turn, led to a halt in construction activities as well as impacted transactions in the market. Moreover, several countries such as South Korea are planning and expanding cities such Gangnam and Gangbuk, which are anticipated to boost the market growth.
The report analyzes the residential real estate market by budget and size. On the basis of budget, the market is divided into less than $300,000, $300,001 to $700,000, $700,001 to $1,000,000, $1,000,001 to $2,000,000, and more than $2,000,000. Depending on size, it is classified into less than 50 square meters, 51 to 80 square meters, 81 to 110 square meters, 111 to 200 square meters, and more than 200 square meters.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Power Distribution Unit Market to Witness Remarkable Growth from 2021 – 2030

A power distribution unit is an electrical device that has multiple sources of integrated power outputs. Each power output socket can be connected to a computing or networking device directly. There are two types of PDUs, namely, rack-mounted and floor-mounted. A rack-mountable power distribution unit (PDU) is directly attached to the rack and controls and monitors power to individual servers, switches, and other data center devices, as well as assists in power load balancing. Smart PDUs and intelligent PDUs are two terms that are used to describe rack-mountable PDAs.

An increase in demand for power distribution units from end-use industries, such as IT & Telecom, government, and healthcare, is expected to drive the power distribution unit market during the forecast period. Moreover, the increasing number of data centers across the world is expected to create lucrative opportunities for the power distribution unit market. However, space constraints & complex wiring systems with an increasing number of power distribution units are expected to hinder market growth.

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Three-phase displays for power-sharing devices, as well as remote management tools that employ the Simple Network Management Protocol (SNMP) to allow managers to alter and monitor power consumption from offsite locations, are examples of such PDUs. A floor-mounted power distribution unit (PDU), also known as the main distribution unit (MDU), acts as a management link between a building’s principal electricity and numerous equipment racks within a data center or network operations center. Each PDU can take more energy than a standard power strip (up to 300 kilovolt-amps depending on the manufacturer and model) and can often power numerous equipment racks.

Owing to increased demand and technical developments in data centers, demand for PDU has also increased. Virtualization, cloud computing, and the evolution of alternating-phased power are expected to boost demand for power distribution units.   An increase in demand for data center digitalization is predicted to boost the global power distribution unit market growth, owing to a constant increase in data generation and management of abundant data with lower power consumption. For instance, Siemens, a German multinational business, deployed a power distribution unit connected with virtual technology in its data centers, resulting in digitalization. Leading global market players are investing in research and development to upgrade data centers for more efficient power supply. Governments in several nations are promoting power consumption policies to offer environmentally friendly approaches for commercial purposes. These factors propel the power distribution unit market.

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The power distribution unit market is segmented on the basis of type, phase, end-use industry, and region. By type, the power distribution unit market is classified into metered, monitored, switched, and basic. By phase, it is bifurcated into single and three. By end-use industry, it is divided into IT & telecom, healthcare, government & defense, banking, financial services, and insurance (BFSI), and others. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The power distribution unit market share is analyzed across all the regions and countries.

The power distribution unit market analysis covers in-depth information on the major industry participants. Some of the major players operating in the power distribution unit market include Eaton, Siemon, Leviton, Siemens, Powertek, Schneider, Cyber Power systems, Raritan, Vertiv group, and Nvent.

Other players in the power distribution unit industry are Tripp Lite, Panduit Delta Electronics, Socomec, and others.

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Key Findings Of The Study

  • The report outlines the current power distribution unit market trends and future scenarios of the power distribution unit market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The power distribution unit market size is provided in terms of revenue.
  • On the basis of type, the metered segment is expected to grow at a CAGR of 6.7%, in terms of revenue, during the forecast period.
  • On the basis of phase, the three-phase segment is expected to grow at a CAGR of 7.0%, in terms of revenue, during the forecast period.
  • On the basis of the end-use industry, the IT & Telecom segment garnered a 20.0% share in 2020 in terms of revenue.
  • On the basis of type, the metered segment garnered a share of 27.0% in 2020 in terms of revenue.
  • On the basis of region, North America garnered a share of 37.3% in 2020 in terms of revenue.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Robotic Drilling Equipment Market Regions, Top Companies and Opportunities by 2027

The Robotic Drilling Equipment Market was valued at $0.8 billion in 2019, and is expected to reach $1 billion by 2027, registering a CAGR of 8.4% from 2020 to 2027. In 2019, the onshore segment dominated the robotic drilling equipment market.

Top Companies 

The major players profiled in the robotic drilling equipment market include Automated Rig Technologies Ltd., Drillform Technical Services Ltd., Drillmec Inc., Epiroc AB, Herrenknecht Group, Huisman Equipment B.V., KCA Deutag Alpha Limited, Loadmaster Universal Rigs, Inc., Nabors Industries Ltd., and National Oilwell Varco, Inc.

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Robotic drilling equipment, also known as automated drilling equipment, is an automation system that is specially developed for drilling operations in the oil & gas industry. There are mainly two types of robotic drills, onshore, which consists of robotic drilling machines on dry land; and offshore, which comprises robotic drilling on ocean floors or sea beds. These robotic drilling machines are used for building new rigs for extraction of oil & gas in onshore and offshore. They are also used for retrofit purpose on the old rigs during maintenance as well as while replacing the old parts of the system. Robotic drilling offers better solution for operations carried out in the oil & gas industry such as less drilling times, multi-sensor measurements, safer operations, and mass production. Robotic drilling companies manufacture robotic hardware as well as software to program and control the robots working on oil & gas rigs. 

The robotic drilling equipment market is mainly driven by rise in adoption of automation in the oil & gas industry. Automation gives better data collection, precise & accurate operations, and worker safety. In addition, there is minimum human intervention, which minimizes the probability of human errors. It also increases the efficiency of the robotic drilling machines as well as the operations carried out on onshore and offshore. However, interoperability of the control system of robotic drilling machines compromises with the data privacy and cyber security risk of the data and operations of robotic drilling machines. In addition, the outbreak of COVID-19 has led to halt in construction and manufacturing activities across the globe. Halt in logistics services has led to interruption of supply chains, which, in turn, hinders the growth of the robotic drilling equipment market. However, industries are gradually getting back on track and vaccine discovery would lead to recovery of the robotic drilling equipment market by the beginning of 2022. On the contrary, efforts made to increase the safety of workers working on oil & gas rigs on onshore and offshore have anticipated to drive the growth of the robotic drilling equipment market. Additionally, increase in exploration activities in ultra-deepwater in the Arctic region for extraction of oil & gas is anticipated to drive the robotic drilling equipment market growth during the forecast period.

The robotic drilling equipment market is segmented into application, installation, end-user industry, and region. On the basis of application, the market is divided into onshore and offshore. Depending on installation, it is classified into new builds and retrofits. By end-user industry, it is bifurcated into oil and gas. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Russia, Norway, and the rest of Europe), Asia-Pacific (China, Malaysia, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

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About Allied Market Research: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Japan Mobile Battery Market Estimated to Experience a Hike in Growth By 2030

The Japan mobile battery market size was valued at $0.92 billion in 2020 and is projected to reach $1.43 billion by 2030, growing at a CAGR of 4.5% from 2021 to 2030. Mobile batteries are the batteries used to provide electric power to mobile phones for their operations. Mobile phones or smartphones became the most integral part of everyday life. Mobile phones are not only used for telephonic conversation but also for checking in to places like doctor’s offices, events, movies, and access maps. For using these above-mentioned features, mobile phones must have a longer battery life in one charging cycle. There are different types of battery chemistries used in mobile phones which include lithium-ion, nickel-based, and other batteries. Among these battery types, lithium-ion batteries are the most widely used in mobile phones.

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The Japan mobile battery market is anticipated to witness considerable growth during the forecast period, owing to the rise in demand for smartphones, tablets, and featured phones, in Japan. However, the high cost & potential risk hazards associated with lithium-ion batteries are the key factors restraining the growth of the market in the coming years. On the contrary, higher energy efficiency requirements in technologically updated consumer gadgets are anticipated to create remunerative opportunities for the key players operating in the Japan mobile battery market.

The rise in demand for smartphones from people below the age group of 30 years in Japan is expected to drive the growth of the market during the Japan mobile battery market forecast period. In addition, the increase in the use of two mobile phones such as smartphones and feature phones among professionals is further anticipated to fuel the market growth from 2021 to 2030. However, the low penetration of smartphones among people with age above 60 and the strong presence of featured phones in Japan are expected to hamper the growth of the market in the coming years. In addition, high concern toward personal & financial security owing to potential risks in online activities in Japan is expected to restrain the growth of the smartphone battery market in the coming years. On the contrary, a rise in R&D activities toward increasing battery life and performance is expected to create opportunities for key players operating in the market from 2021 to 2030.

Depending on the type, the lithium-ion battery segment held the highest market share of around 71.9% in 2020 and is expected to maintain its dominance during the forecast period. This is owing to the rise in demand for lithium-ion batteries, owing to an increase in the need for smartphones and the incorporation of additional features such as games, cameras, music players, and video players, which require more energy due to the increased utilization of the processor.

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On the basis of application, the smartphone segment holds the largest market share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the consistent growth of smartphones in the Japan mobile industry owing to the rise in demand for smartphones among the age group of 18 to 30 years for social media, gaming apps, and others. In addition, the rise in the replacement of feature phones with smartphones increases the demand for mobile batteries in this segment and thereby is expected to drive the Japan mobile battery market during the analyzed time frame.

On the basis of sales channel, the offline segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 4.3%. This is owing to key advantages associated with offline distributors such as maintenance & services, replacement, faster problem resolving associated with battery functions, and others. In addition, Japanese consumers are conservative and price-sensitive as compared to other countries in the region, which resulted in driving the trend toward shopping for key mobile accessories such as mobile batteries, covers, and others owing to their faith in offline platforms.

The Japan mobile battery market analysis covers in-depth information on the major industry participants. The key players operating and profiled in the report include Samsung SDI Co., Ltd., Panasonic Corporation, Murata Manufacturing Co., Ltd., EEMB, LG Corporation, Maxell, Ltd., Sunwoda Electronic Co., Ltd., Zhuhai CosMX Battery Co., Ltd., TianJin Lishen Battery Joint-Stock Co., Ltd., and Amperex Technology Limited.

Other players operating in the value chain of the Japan mobile battery industry are DESAY, BYD, TWS, Zhuhai Coslight Battery, China BAK Battery, ENERDEL, and Others.

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Key Findings Of The Study

  • In 2020, the lithium-ion battery segment accounted for the majority of the market share of the Japan mobile battery market and is expected to maintain its lead during the forecast period.
  • In 2020, the lithium-ion battery segment accounted for around 71.9% of the share in the Japan mobile battery market and is expected to maintain its dominance till the end of the forecast period.
  • In 2020, the smartphone segment accounted for 82.6% market share 2020 and is anticipated to grow at a rate of 4.8% in terms of revenue, increasing its share in the Japan mobile battery market.
  • Online is the fastest-growing sales channel segment in the Japan mobile battery market, expected to grow at a CAGR of 4.6% during 2021–2030.
  • In 2020, the offline segment dominated the Japanese mobile battery market with more than 53.2% of the share, in terms of revenue.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
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BIM in Construction Market Size, Top Companies, Development Trends and Forecast by 2027

The Global BIM in Construction Market size was valued at $2.5 billion in 2019, and is expected to reach $7.5 billion in 2027, growing at a CAGR of 15.0% from 2020 to 2027. In 2019, North America dominated the market, in terms of revenue, accounting for 40.0% share of the global BIM in construction industry.

The global BIM in construction market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share over the study period and LAMEA is expected to grow at the fastest rate.

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Use of Building Information Modeling (BIM) has created new opportunities for the construction industry to overcome the drawbacks caused by mismanagement and inadequate planning of projects. BIM has gained major importance in execution of large-scale projects. Further, BIM also offers data transparency within planners, executioners, stakeholders, and project managers to inspect over the construction projects for any short comings and risks. Use of BIM not only optimizes project duration but also manages the resources utilized for the project, which saves over-costing and wastage of resources.

Moreover, North America is the highest contributor in the BIM in construction market, owing to the developed construction techniques in the U.S. and Canada. However, China BIM in construction market is expected to grow significantly mainly due to high adoption rate of smart technologies in the country. The Chinese government has developed policies to enhance the growth of 5G connectivity technology. 5G network is highly efficient in interacting with building platforms and analyze data collection & processing in construction activities.

Based on phase of work, the pre-construction segment highly contributed in the BIM in construction market trends due to high utilization of the software for planning of construction projects, designing, and estimating quantity of materials.

The COVID-19 pandemic has caused mixed results on the BIM in construction market mainly due to halt in international trade, prolonged lockdowns, and ceased construction processes. Although construction activities were delayed during 2020, the increasing dependence on work from home scenarios created new opportunities for the BIM in construction market growth.

The global BIM in construction market is segmented on the basis of phase of work, end user, deployment model, and region. Based on phase of work, the market is fragmented into construction and operation.

Depending on end user, the global market is categorized into engineers and contractors. By deployment model, the market is classified into cloud-based and on-premise. By application, the market is classified into residential and non-residential.

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About Allied Market Research: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact Us:

David Correa
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Mortgage Lending Market Expected to Reach $27,509.24 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Mortgage Lending Market,” The mortgage lending market was valued at $11,487.23 billion in 2021, and is estimated to reach $27,509.24 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.

The shift to digital platform of mortgage lenders is driving the growth of mortgage lending market globally. Moreover, increasing implementation of technologies such as automation of underwriting processes, artificial intelligence (AI) and machine learning (ML) is propelling the mortgage lending market growth.

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However, risk of losing collateral and asset depreciation is restraining the growth of mortgage lending market. On the contrary, initiatives of banks and government authorities in the mortgage lending market is expected to create lucrative opportunities for the mortgage banking to grow in upcoming years.

Region wise, North America dominated the mortgage lending market size in 2021. This was attributed to the fact that the federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership. These programs include the Government National Mortgage Association (known as Ginnie Mae), the Federal National Mortgage Association (known as Fannie Mae) and the Federal Home Loan Mortgage Corporation (known as Freddie Mac). Hence, the region has largest mortgage lenders globally. Thus, these increasing initiative by the government is fueling the growth of the market in the region.

Mortgage rates decreased significantly as a result of the Federal Reserve’s initiatives to make it simpler for people to borrow money during the pandemic, however they have recently started to rise again.

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On the other hand, a lot of people have struggled to keep up with their mortgage payments as a result of job loss brought on by COVID-19. As part of the CARES Act, Congress gave COVID-19-affected Americans the ability to request mortgage forbearance for up to a year in increments of six months if they had a government-backed loan.     

KEY FINDINGS OF THE STUDY

  • On the basis of mortgage loan term, the 30-year mortgage segment accounted for the highest mortgage lending market share, in terms of revenue in 2021.
  • On the basis of interest rate, the adjustable-rate mortgage loan segment is expected to exhibit the fastest growth rate in the mortgage lending market trends.
  • On the basis of region, North America generated the highest revenue in 2021.  

The key players operating in the mortgage lending market analysis include Ally Financial Inc., Bank of America Corporation, BNP Paribas Fortis, Citigroup, Inc., Fannie Mae, JPMorgan Chase & Co, Mr. Cooper Group Inc., PT Bank Central Asia Tbk, QNB, Royal Bank of Canada, Rocket Mortgage, LLC, Social Finance, Inc., Standard Chartered, Truist, Wells Fargo, ClearCapital.com, Inc. and Roostify, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry

Related Links:

Personal Loans Market: https://www.alliedmarketresearch.com/personal-loans-market-A07580  

Payday Loans Market : https://www.alliedmarketresearch.com/payday-loans-market-A10012

Trade Loans Services Market : https://www.alliedmarketresearch.com/trade-loan-services-market-A08281

Loan Origination Software Market: https://www.alliedmarketresearch.com/loan-origination-software-market-A15124

Property Loan Market: https://www.alliedmarketresearch.com/property-loan-market-A15131

Florida Digital Lending Market : https://www.alliedmarketresearch.com/florida-digital-lending-market-A11092

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:

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Key Insights on $6.5 Billion Opportunity in the Cannabis Seeds Market – Barney’s Souvenirs BV, Christiania Seeds, DELICIOUSSEEDS, Dinafem Seeds, Dutch Passion

According to a new report published by Allied Market Research, titled, “Cannabis Seeds Market,” The cannabis seeds market size was valued at $1.3 billion in 2021, and is estimated to reach $6.5 billion by 2031, growing at a CAGR of 18.4% from 2022 to 2031.

Global Leaders:

The major players analyzed for global cannabis seeds industry are Barney’s Souvenirs BV, Christiania Seeds, DELICIOUSSEEDS, Dinafem Seeds, Dutch Passion, Green House Seed Co., I Love Growing Marijuana, Mountain Top Seed Bank, Paradise Seeds, Seed Cellar, Seed Supreme, Sensi Seeds, Tropical Seeds Co., and Royal Queen Seeds.

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The Cannabaceae family of flowering plants includes the genus Cannabis. Cannabis sativa, cannabis indica, and cannabis ruderalis are its three species. Protein, fiber, and healthy fatty acids like omega-3s and omega-6s are all abundant in cannabis seeds. The seeds have significant levels of gamma-linolenic acid and arginine. These compounds help treat chronic pain, lower the risk of heart disease, and enhance neurological and other problems.

These seeds also contain calcium, potassium, vitamin E, Sulphur, phosphorus, magnesium, and zinc among other minerals. Those who can’t consume nuts, gluten, lactose, or sugar can eat them because they are high in vitamin E. The market for cannabis seeds is expanding as a result of the increasing cannabis seeds market demand in both the medical and recreational markets.

According to cannabis seeds market analysis, the global cannabis seeds market is analyzed on the basis of nature, type, distribution channel, and region.

By nature, the market is divided into organic and conventional. Among these, the conventional segment occupied the major cannabis seeds market share of the market in 2021, and is projected to maintain its dominance during the cannabis seeds market forecast period.

Cannabis that is produced conventionally employs chemical fertilizers and pesticides to help fight disease and prevent pest infestations, assuring healthy plant growth and output. Additionally, hybridizing traditional cannabis seeds results in plants with the best traits of both parent species.

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By type, the market is divided into feminized seeds, regular seeds, and autoflowering seeds. The feminized seeds segment is growing at a moderate rate during the forecast period.

Cannabis seeds that have undergone genetic modification to become only female plants are known as feminized seeds. Utilizing feminized cannabis seeds has several advantages for growers, but the main one is that pollinating male plants do not need to be found or removed. Feminized cannabis seeds have various benefits for growers. By removing the hassle of identifying the male and female cannabis plants, feminized seeds facilitate growth and save a great deal of time.

The farmers can produce plants with clones due to these seeds. These cannabis seeds market trends is creating lucrative cannabis seeds market opportunity for the cannabis seeds market growth. 

By distribution channel, it is classified into specialty stores, wholesalers and distributors, and online sales channel. The wholesalers and distributors segment dominates the market during the forecast period. Cannabis seed wholesalers and distributors are committed to providing cannabis seeds to authorized merchants and dispensaries.

They might be dealers or licensed third-party distributors as well as growers or seed manufacturers of cannabis. The third-party distributors are in charge of providing cannabis seeds to authorized retail establishments and dispensaries after purchasing them in bulk from industrial farmers.

The region that dominated the global cannabis seeds market in 2021 was North America, and this dominance is anticipated to continue throughout the forecast period. Due to the growing legalization of cannabis in North America for both medical and recreational purposes, the industry is expanding throughout the area.

Additionally, as more people become aware of cannabis’ therapeutic advantages, its use in medicine is fast growing. These companies also want to extend their production regions and engage in mergers and acquisitions, all of which will benefit the cannabis seed market in the region in the upcoming years.

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Exporters in both developed and developing nations faced a number of difficulties as a result of the COVID-19 epidemic. The implementation of lockdown and curfew procedures on a global scale had an impact on both domestic and foreign manufacture of cannabis seeds, which in turn hindered cannabis seeds industry expansion. As a result, the COVID-19 epidemic had a negative influence on the cannabis seeds market in 2020 as a result of decreased company sales and operations being suspended.

KEY FINDINGS OF STUDY:

  • By nature, the conventional segment was the highest revenue contributor to the market, with $690.1 million in 2021, and is estimated to reach $3,623.2 million by 2031, with a CAGR of 18.7%.
  • By type, the regular seeds segment was the highest revenue contributor to the market, with $601.2 million in 2021, and is estimated to reach $3,000.5 million by 2031, with a CAGR of 18.1%.
  • Depending on distribution channel, the wholesalers and distributors segment was the highest revenue contributor to the market, with $695.5 million in 2021, and is estimated to reach $3,439.0 million by 2031, with a CAGR of 18.0%.
  • Region wise, North America was the highest revenue contributor, accounting for $1,105.7 million in 2021, and is estimated to reach $4,589.0 million by 2031, with a CAGR of 16.0%.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Big Data and Business Analytics Market to Generate $684.12 Billion by 2030, States the Report by Allied Market Research

A lead analyst at AMR highlighted that the big data and business analytics market across Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.

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Allied Market Research published a research report on the big data and business analytics market. The findings of the report state that the global market for big data and business analytics generated $198.08 billion in 2020, and is projected to reach $684.12 billion by 2030, witnessing a CAGR of 13.5% from 2021 to 2030. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenarios for market players, investors, shareholders, and new entrants.

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The retail & e-commerce segment is expected to experience significant growth in the coming years, owing to the need to manage and analyze the massive volume of data by retailers to increase their customer base and improve their market share,” said Pramod Borasi, Senior Research Analyst, ICT at Allied Market Research.

The report provides insights on drivers, restraints, and opportunities to help the market players in devising growth strategies and capitalizing on lucrative prospects. The rise in the adoption of big data analytics software by multiple organizations and the surge in demand for cloud-based big data analytics software among SMEs fuel the growth of the global big data and business analytics market. On the other hand, the high cost of implementation and lack of skilled workforce impede the growth to some extent. However, growing trends such as social media analytics and the need to avail insights for business planning have paved the way for numerous opportunities for the key players in the industry.

The report also offers a detailed scenario of the impact of the Covid-19 pandemic on the big data and business analytics market globally. It is helpful for the market players, new entrants, and investors to determine strategies as per the current scenario and improvise the business model for the next few years. Growing adoption of “work from culture” by the majority of organizations led to a steep incline in demand for big data and business analytics. The amount of data generated witnessed a significant rise and companies started incorporating software & services to evaluate the data so as to perk up overall productivity. This, in turn, heightened the adoption of cloud-based services, thus impacting the global big data and business analytics market positively. Changes in customer interactions led companies to enact analytical tools with the intent of gaining top-notch insights so as to attain maximum profits.

The report provides detailed segmentation of the global big data and business analytics market based on component, deployment mode, analytics tool, application, industry vertical, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest-growing and largest revenue-generating segments to accomplish growth in the coming years.

By components, the service segment garnered the major share in 2020, generating nearly half of the total share, and is expected to maintain the lion’s share during the forecast period. On the other hand, the software segment is expected to witness the highest CAGR of 14.8% from 2021 to 2030.

By industry vertical, the BFSI segment contributed to the highest share in 2020, holding nearly one-fifth of the global big data and business analytics market. However, the retail & e-commerce segment is anticipated to display the fastest CAGR of 15.9% from 2021 to 2030.

By region, North America held the major share in 2020, holding more than half of the total market share. Simultaneously, Asia-Pacific would portray the fastest CAGR of 17.5% throughout the forecast period.

Leading market players of the global big data and business analytics market analyzed in the report are IBM Corporation, Fair Isaac Corporation, Oracle Corporation, Microsoft Corporation, Teradata Corporation TIBCO Software Inc., SAP SE, Hewlett Packard Enterprise Development LP, Amazon Web Services, and SAS Institute Inc.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Contact us:

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Surge Protector Market to Witness Exponential Growth by 2030

A power surge protector is designed to protect electrical appliances from voltage spikes. These protectors limit voltage supplied to an electric device by either blocking or shorting any unwanted voltages above a safe threshold limit to the ground. They are used in automatic control buses, electric power supply networks, telephone networks, and various communication systems.

The global surge protector market was hit by the pandemic which led to a dip in market growth. However, the reopening of the economy has led to a correction in the market. Moreover, the rise in electronics demand from the residential sector led by work-from-home conditions has also driven the growth of the global surge protector market.

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A common surge protector stops voltage spikes and surges, but not the violent, catastrophic burst of current from a close lightning strike. Direct lightning current is simply too big to shield with a little electronic device inside a power strip.

The key factor that drives the surge protector market includes an increase in demand for usage of electrical and electronic appliances in commercial & residential sectors. Moreover, high costs incurred due to electrical equipment downtime have also encouraged the adoption of a whole-house surge protector as it provides safety in industries and residences. Key factors that hamper the market growth are a lack of awareness among small-scale manufacturers and competition from uninterrupted and non-fluctuating power supply systems. On the contrary, growth in awareness of the need for surge protectors, rapid industrialization, and power supply issues in developing countries are anticipated to provide lucrative opportunities for the global market.

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The global market is segmented on the basis of type, voltage, application, and sales channel. Depending on the type, the market is divided into type 1, type 2, and type 3. On the basis of voltage, it is categorized into low, medium, and high. Based on application, it is bifurcated into residential, commercial, and industrial. By sales channel, the market is divided into online and offline.

The key players operating and profiled in the surge protector industry report include ABB Ltd., Eaton Corporation, General Electric, Schneider Electric, Honeywell, Siemens AG, Johnson Controls, Legrand, Havells, and Vertiv Group Corp.

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Key findings of the study

  • The global Surge Protector Market size is provided in terms of revenue
  • In 2020, the industrial segment accounted for about 49.3% of the share in the global market and is expected to maintain its dominance till the end of the forecast period.
  • In 2020, the type 1 segment accounted for 43.8% surge protector market share in the year 2020 and is the protector market.
  • An online sales channel is the fastest-growing segment in the global market, expected to grow at a CAGR of 5.6% during 2021–2030.
  • Type 1 is expected to grow at the fastest rate, registering a CAGR of 5.2%, throughout the forecast period
  • A comprehensive analysis of the factors that drive and restrain the global surge protector market growth is provided
  • The qualitative data in this report aims at the market trends, dynamics, and developments in the global surge protector industry
  • The global surge protector market forecast and estimations are based on factors impacting the market growth

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Insulating Glass Window Market Top Manufacturers, Regional Status and Forecast by 2030

The Insulating Glass Window Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030,”the global insulating glass window market size was valued at $11.1 billion in 2020, and is projected to reach $21.1 billion by 2030, registering a CAGR of 6.9% from 2021 to 2030.
Top Companies
The key players profiled in the market report includeAGC Inc.,Central Glass Co., Ltd., Glaston Corporation, Saint Gobain SA,Internorm International GmbH, Sika Industry, Nippon Sheet Glass Co. Ltd., Viracon (US), H.B. Fuller, and Scheuten.

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The insulating glass window helps in minimizing the use of artificial heating and cooling in a building by providing substantial protection from heat loss and heat gain from the outer atmosphere. These windows consist of three majorcomponents, including glass or the glazing, frame, and other hardware. Each energy-efficient window product is certified on the basis of solar heat gain coefficient (SHGC) and U-factor, which qualify it for the Energy Star Rating by the National Fenestration Rating Council (NFRC) of the U.S. The SHGC factor measures the amount of solar heat entering through the window, whereas the U-factor measures the insulation capacity of the window.However, high initial costs of insulating glass window as compared to normal windows and fluctuation in raw material prices restrainthe insulating glass window market growth.
Region wise, the insulating glass window market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2020, North America dominated the market, in terms of revenue share, accounting for 33.6% share of the insulating glass window industry.However, Asia-Pacific is expected to grow significantly with high CAGR during the forecast period. For instance, according to the report publish in 2018 by Overseas Development Institute (ODI), the Asian economy is projected to grow significantly until 2025. This influences the overall growth of construction and manufacturing facilities in in this region. North America is expected to hold the highestinsulating glass window market share of the, owing to increase in demand for energy-efficient windows.
The insulating glass window in Europe is expected a rapid pace during the forecast period,as major countries in the region such as Germany, the UK, and France are major developmental hubs for large nonresidential building spaces such as offices and indoor public spaces.
However, during the pandemic, various manufacturers in the insulating glass windowmarket analysishad to stop their business in the countries such as China, the U.S., and India.In addition, lack of technologyconstrictedsupply of machines of insulating glass window. Conversely, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of insulating glass windowcompanies.

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About Allied Market Research: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022
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