Allied Market Research recently published a report, “Electron Beam Physical Vapor Deposition Coating Market by Source (Single and Multiple), and Application (Thermal Barrier Coatings, Anticorrosive coating, and Others), and End user (Automotive, Medical, Electrical & Electronics, Power, Optical, and Others): Opportunity Analysis and Industry Forecast, 2020–2027″. According to the report, the global electron beam physical vapor deposition coating industry generated $1.8 billion, and is projected to garner $2.8 billion by 2027, growing at a CAGR of 5.9% from 2020 to 2027.
Drivers, restraints, and opportunities: Increase in healthcare expenditure and growth of the global electronics industry have boosted the the global electron beam physical vapor deposition coating market. However, availability of alternatives hampers the market. On the contrary, development of plasma spray-physical vapor deposition (PS-PVD) is expected to offer lucrative opportunities for the market players.
Lockdown in various countries and shortage of labor have temporarily suspended the manufacturing of advanced materials. Dearth of raw materials and disrupted supply chain have affected the manufacturing of electron beam physical vapor deposition coating. The anticorrosive coating segment to manifest highest CAGR through 2027: By application, the anticorrosive coating segment is expected to register the highest CAGR of 6.8% from 2020 to 2027. This is due to the use of EB-PVD coatings in medical and semiconductor applications. However, the thermal barrier coatings segment held the largest share in 2019, accounting for more than three-fifths of the global electron beam physical vapor deposition coating market, owing to increase in demand for efficient aero engines and power turbines operating at higher temperatures.
The automotive segment held the largest share: By end user, the automotive segment held the largest share in 2019, contributing to more than one-fourth of the global electron beam physical vapor deposition coating market. This is owing to surge in demand for thin-film coatings for fuel-efficient automobiles. However, the medical segment is expected to register the highest CAGR of 8.1% during the forecast period, due to the availability of better healthcare facilities as a result of increasing healthcare expenditure by the government.
Asia-Pacific, followed by North America, to portray fastest CAGR through 2027: By region, the global electron beam physical vapor deposition coating market across Asia-Pacific, followed by North America, is projected to register the highest CAGR of 6.6% during the forecast period. Moreover, the region held the largest share in 2019, accounting for nearly half of the market, due to presence of leading end users of EB-PVD coatings such as Electronics, medical, and automotive.
Major market players
AMG Advanced Metallurgical Group N.V. Applied Materials Inc. Angstrom Engineering Inc. Ferrotec Holdings Corporation Denton Vacuum LLC Polyteknik AS Intlvac Thin Film Corporation Semicore Equipment Inc. PVD Products Inc. Vaksis R&D and Engineering
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.
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 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 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 #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com
The report analyzes these key players in the l Europe IoT market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance, and operating segments by prominent players in the market.
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
► The outbreak of the COVID-19 pandemic had negatively impacted the growth of the Europe IoT market, owing to the shutdown of production networks by major automotive OEMs.
► During the COVID-19 pandemic, supply chain activities were massively disrupted leading to hindrances on the growth of the IoT industry in Europe.
The report offers a detailed segmentation of the global Europe IoT market based on component, deployment model, organization size, platform, technology, industry vertical, and region.. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest-growing segments and highest revenue generation that is mentioned in the report.
Based on component, the solution segment held the major market share in 2021, holding two-thirds of the Europe IoT market share, and is expected to maintain its leadership status during the forecast period. However, the service segment, is expected to cite the fastest CAGR of 20.4% during the forecast period.
On the basis of deployment mode, the on premise segment held the largest market share in 2021, accounting for nearly three-fifths of the Europe IoT market share, and is expected to maintain its leadership status during the forecast period. Nonetheless, the cloud segment, is expected to cite the highest CAGR of 20.2% during the forecast period.
In terms of enterprise, the large enterprises segment held the largest market share in 2021, accounting for nearly two-thirds of the Europe IoT market share and is expected to maintain its leadership status during the forecast period. Nevertheless, the SMEs segment, is expected to cite the highest CAGR of 20.2% during the forecast period.
Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of the leading Europe IoT market end user verticals along with annual forecasts to 2031. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
The report published by Allied Market Research, the global data centric security market was accounted for $2.76 billion in 2020 and is estimated to reach $39.34 billion by 2030, growing at a CAGR of 30.6% from 2021 to 2030.
The rise in digitization trends and digital data production and increase in data privacy and security concerns with the Covid-19 pandemic has boosted the growth of the global data centric security market. However, high implementation costs and demands and less enthusiasm for data-centric security approaches in mainstream applications hinder the market growth. On the contrary, an increase in security concerns and cyber-attacks, and growth in cloud and digital media trends are expected to open new opportunities for the market players in the future.
► The Covid-19 pandemic had a favorable impact on the industry due to a sudden increase in the use of digital platforms and a surge in cyber-attacks.
► The global adoption of work from home culture and greater digital data creation increased the demand for data centric security measures.
The report divides the global data centric security market on the basis of component, deployment mode, organization size, verticals, and region.
Based on components, the software and solutions segment held the largest share in 2020, accounting for nearly three-fourths of the market. However, the professional services segment is projected to manifest the highest CAGR of 31.8% during the forecast period.
On the basis of deployment mode, the on-premise segment held the lion’s share in 2020, contributing to nearly two-thirds of the market. However, the cloud segment is estimated to portray the highest CAGR of 31.9% from 2021 to 2030.
The globaldata centric security industry is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for nearly two-fifths of the market. However, the Asia-Pacific region is anticipated to showcase the highest CAGR of 33.2% during the forecast period.
The report has offered an all-inclusive analysis of the global data centric security Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of the leading data centric security Market end user verticals along with annual forecasts to 2030. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
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 in making strategic business decisions and achieving 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.
This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Surge in smartphone penetration, incorporation of online payment as a services, increase in e-commerce sales, and rise in reliance on cloud technologies drive the growth of the global payment as a service market. In addition, supportive initiatives of governments and untapped potential of emerging economies supplement the market growth. However, privacy and security concerns restrain the market growth. On the other hand, rise in need for operational efficiency and transparency during transactions and rise in demand for customized digitalized payments globally present new opportunities in the coming years.
► The usage and adoption of online and digitalized payment methods increased among consumers globally to minimize the contact and possibility of contamination. Moreover, the payment as a service sector is experiencing a massive growth as consumers are becoming familiar with the payment technologies in the market.
► Moreover, there was a considerable rise in adoption of digital payments by retailers, owing to surge in cases of Covid-19 infection. This, in turn, lowered the need to carry and pay through cash.
► Different banks and fintech industries are adopting various digital payment methods for improving the losses suffered during the pandemic situation. The demand and implementation of payment as a service are expected to increase post-pandemic as well.
Based on component, the platform segment held the highest market share in 2021, accounting for more than two-thirds of the global payment as a service market, and is projected to maintain its lead status during the forecast period. This is attributed to the convenient, secure, and flexible online payment options offered by platforms for shopping via smartphone, desktop, or tablet. Moreover, it offers end-to-end payment platforms to enhance customers’ experience while minimizing risk and improving cash flow. However, the service segment is projected to register the highest CAGR of 23.9% from 2022 to 2031. This is due to outsourcing opportunities for processing transactions, handling traditional payments more efficiently than before, and increasing customer loyalty.
Based on payment method, the cards segment accounted for the highest market share in 2021, holding nearly half of the global payment as a service market. This is due to offering of a wide range of payment solutions to help merchants analyze customer behavior & metrics. However, the app/e-wallet and will hold the lead status in terms of revenue during the forecast period. Moreover, this segment is projected to register the largest CAGR of 24.8% from 2022 to 2031. This is attributed to offering of convenience for consumers as users can get through a purchase in seconds just by tapping the device to the payment receptacle or by scanning the smartphone to a QR code to pay for the items purchased.
Based on industry vertical, the BFSI segment accounted for the highest market share in 2021, contributing to more than one-fourth of the global payment as a service market. This is attributed to ease in management of cash-flow from a single dashboard. However, the retail and e-commerce segment is estimated to maintain its highest contribution throughout the forecast period. In addition, this segment is projected to grow at the fastest CAGR of 27.0% from 2022 to 2031. This is due to acceptance of different payment methods such as credit cards, debit cards, net-banking, wallets via mobile app, web checkout, QR code, NFC, kiosks, POS, and others.
Based on region, North America held the largest market share in 2021, accounting for nearly two-fifths of the global payment as a service market. This is attributed to rapid advancements in payment technology, flexibility in payment processing, providing secured payment, and Point of Sale (POS) integration. However, Asia-Pacific is projected to maintain its dominant share throughout the forecast period. In addition, the region is estimated to witness at the highest CAGR of 24.7% from 2022 to 2031. This is due to adoption of digital payments, downfall in the usage of cash, and acceptance of mobile payments.
Leading Market Players:
► Aurus, Inc. ► Alpha Fintech ► ACI Worldwide ► Apple Inc. ► First Data (Fiserv, Inc.) ► Google, LLC ► Ingenico ► Mastercard ► Paysafe ► PayPal Holdings, Inc. ► Paystand ► Pineapple Payments (Fiserv, Inc.) ► VeriFone, Inc. ► Visa Inc. ► Valitor ► PayU ► Obopay
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
According to the report published by Allied Market Research, the global nepheline market garnered $171.70 million in 2019, and is estimated to generate $195.03 million by 2027, portraying a CAGR of 2.3% from 2020 to 2027. The report provides an extensive analysis of changing market dynamics, key segments, value chain, top investment pockets, regional landscape, and competitive scenario.
Growth in adoption of nepheline for glass manufacturing and ceramic products fuel the global nepheline market. However, elevating transportation costs hinders the market growth. On the other hand, upcoming power projects present new opportunities in the next few years.
Covid-19 Scenario: Factors such as temporary closure of manufacturing sites and travel restrictions, disruption in supply chain, and delay is shipment have majorly impacted the market. Shut down of other end using industries such as refractories and glass have further impacted the sales of the market. Moreover, as the government bodies are issuing measures to restart the businesses, the market is expected to recoup soon. The report offers a detailed segmentation of the global nepheline market based on product type, application, and region.
Based on product type, the market is segmented on the basis of nepheline syenite, nepheline monzonite, and nephelinites. The nepheline syenite segment accounted for the largest market share in 2019, contributing to more than two-thirds of the total market share, and is expected to maintain its leadership status during the forecast period. Simultaneously, both the nepheline syenite and nephelinites segments are projected to witness the fastest CAGR of 2.4% from 2020 to 2027.
Based on end user, the glass products segment held the highest market share in 2019, accounting for more than two-thirds of the global nepheline market, and will maintain its dominance in terms of revenue during the forecast period. However, the refractories segment is expected to portray the highest CAGR of 2.6% from 2020 to 2027. The market also studies segment including ceramic products and others.
Based on region, the market is analyzed across numerous regions including Asia-Pacific, Europe, North America, and LAMEA. North America contributed to the largest market share in 2019, accounting for nearly half of the total market share, and will maintain its lead position by 2027. However, Asia-Pacific is expected to maintain the highest CAGR of 3.5% during the forecast period.
Leading players of the global nepheline market analyzed in the research include The 3M Company, Fineton Industrial Minerals Ltd., AGSCO Corporation, Unimin Corp. (COVIA), Anyang Country Mining Co Ltd., SCR Sibelco, RUSAL PLC, Phos Agro Group of Companies, Anglo Pacific Minerals Ltd., and North Cape Minerals AS.
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.
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 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 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 #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com
Allied Market Research published a report on the global Outdoor canopies market that provides a detailed analysis of business trends and competitor analysis, as well as a forecast for the future of the global Outdoor canopies market based on market and technical analysis. The study also illustrates the market scope in terms of market dynamics, market size and share analysis, segment analysis, and competition landscape. All the information on the global Outdoor canopies Market collected by AMR has been peer-reviewed and verified by industry experts after being gathered from highly credible sources.
The Outdoor Canopies Market: Embracing Nature’s Shelter with Style, In the realm of outdoor living, where nature’s embrace meets human comfort, the Outdoor Canopies Market emerges as a cornerstone of protection and style. Positioned outside homes and buildings, these structures offer a respite from the capricious elements—rain, snow, and sun—while inviting us to revel in the beauty of the great outdoors.
Research Methodology: The global Outdoor canopies market was examined through a comprehensive methodology that included both in-depth primary and secondary research. Primary research provided a 360-degree view of the product and service landscape, also concentrating on an in-depth analysis of various market drivers. In secondary research, the process of searching is done using a variety of sources, such as press releases, government websites, and professional journals to gain insights into the industry. This approach has made it possible to acquire a clear, extensive understanding of the global Outdoor canopies market.
The Outdoor Canopies Market boasts an array of options, each designed to cater to varying preferences and spaces. Whether it’s a cozy corner nook or a sprawling garden retreat, these canopies come in diverse sizes and types, adapting to the unique requirements of outdoor spaces. The marriage of form and function is further enhanced by the choice of materials. Polyester, acrylic, and canvas weave together to create resilient and beautiful canopy roofs that stand resilient against nature’s whims.
Segmental Analysis: • By Material : Polytetrafluoroethylene (PTFE), Ethylene Tetrafluoroethylene (ETFE), Polyvinyl Chloride (PVC), Polyester Cloth, Others • By Application : Shade Canopy, Event or Large Canopy, Others • By End user Industry : Residential, Non-residential
The Outdoor Canopies Market doesn’t merely shield us from nature—it beckons us to immerse ourselves in it. It’s a celebration of the symbiotic relationship between human comfort and the great outdoors, inviting us to create memories, gather with loved ones, and find solace under its protective embrace. Beyond the practicality, these canopies stand as symbols of our innate connection with nature and our unwavering desire to intertwine the modern world with the wonders of the natural realm.
Key Benefits for Stakeholders: • This report provides an in-depth analysis of the factors that will drive significant growth of the Outdoor canopies market in the forecast period. • In-depth assessment of growth strategies, market shares, products, and manufacturing capabilities of leading players in the Outdoor canopies market. • Porter’s five forces analysis emphasizes the impact buyers and suppliers have on enabling stakeholders to make profitable business decisions and build a stronger supplier-buyer relationship. • An in-depth analysis of the competitive landscape in the market and detailed information about vendors. • A detailed analysis of the factors that will challenge the growth of market leaders in the Outdoor canopies market. • The positioning of market participants makes it easier to understand and gives a clear view of the current position of market participants.
Key Questions Answered in the Report- • What are the driving factors, restraints, and opportunities in the global Outdoor canopies market? • What is the size of the global & regional market in terms of revenues, sales, and manufacturing? • Which region has the largest share of the global Outdoor canopies market? • Who are the key companies in the global Outdoor canopies market?
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.
Allied Market Research added new research onLevofloxacin Market– Opportunity Analysis and Industry Forecast,2023-2032.
The ” Levofloxacin Market” explores comprehensive study on various segments like size, share, development, innovation, sales and overall growth of major players. The research is based on primary and secondary data sources and it consists both qualitative and quantitative detailing.
Which market perspectives are enlightened in the Levofloxacin Market report?
Levofloxacin is an antibiotic that is sold under the trade name Levaquin and is used to treat many bacterial infections such as pneumonia, acute bacterial sinusitis, chronic prostatitis, and others. However, these medications also have certain side effects such as nausea, seizures, and diarrhea.
Factors such as increasing incidences of bacterial infections such as pneumonia & urinary tract infections (UTI) and broad spectrum efficacy drive the market growth. However, side effects associated with levofloxacin such as tendon inflammation, psychosis, and seizures restrain the market growth. Furthermore, rising geriatric population and growing initiatives by the government to spread awareness about severe infections are expected to further drive the market growth.
Key Takeaways:
Executive Summary: It covers a summary of the most vital studies, the Worldwide market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
Study Analysis: This covers major players, vital market segments, the scope of the products offered in the Methadone market, the years measured and the study points.
Competitive Analysis: In this segment each player is screened based on a products, services, value, SWOT analysis, growth and other significant features.
Geographic Analysis: This Levofloxacin Marketreport analyses data on the basis of production, sales, imports & exports, and key players in all regional markets.
Levofloxacin Market Segments:
By Application :
Pneumonia
Skin Infection
Kidney Infection
Bladder Infection
Others
By Region:
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, Spain, UK, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
The study provides an in-depth analysis of the market with current trends and future estimations to elucidate imminent investment pockets.
It offers a quantitative analysis, which is expected to enable stakeholders to capitalize on prevailing market opportunities.
Extensive analysis by product helps understand the levofloxacin used for treatment.
Comprehensive analysis of all geographical regions has been provided, which helps determine prevailing opportunities.
Key players have been profiled and their strategies thoroughly analyzed, which helps understand the competitive outlook of the global market.
Key Points Covered by the Report –
What are the fundamental skills, core competencies, and key players in the industry we are examining?
What are the opportunities for marketing strategies that are developing at a usual rate?
What are the main competitive factors influencing the industry?
What marketing tactics are suitable for a particular service or product?
What geographical areas are covered by the market report?
What share of this market would each of the following regions hold during the forecast period: Asia-Pacific, Europe, North America, and LAMEA?
How has COVID-19 impacted the class market?
About Us
Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
According to a new report published by Allied Market Research, titled, “Golf equipment Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”
The global golf equipment market size was valued at $7,041.3 million in 2020, and is projected to reach $10,150.3 million by 2030, registering a CAGR of 3.9% from 2021 to 2030.
Golf is a sport activity popular among business individuals as it is used as a means to offer closure of business deals. Golf equipment consists of various items that are essential to play the sport of golf, and are also crucial in providing an enriched experience to the player. Golf equipment include golf balls, golf shoes, golf clubs, and other aids such as wedges and putters. The golf equipment market trends that fuel the market are increasing consumers’ disposable income, growth in professional and amateur female golfers, and trend of golf tourism, owing to setup of golf courses across the world. However, factors such as busy work schedules leading to lack of any leisure activity and high membership costs resulting in lower registrations impede growth in the market.
According to the golf equipment market analysis, the market is classified on the basis of type, distribution channel, and region. By type, the market is segmented into golf clubs, golf balls, golf shoes, and others. The golf clubs segment is expected to dominate the golf equipment market during the forecast period. Assorted and customizable golf clubs are gaining traction among consumers, which is anticipated to increase the demand for golf clubs segment. However, the golf balls segment is expected to generate significant demand among consumers, owing to the recurring requirement of these equipment in golf.
The golf equipment market is restricted by the economic condition of a region and specific consumer base; as a result, the distribution channels are also limited in number. The specialty stores segment leads the market, in terms of sales of golf equipment, while on-course stores segment is outperforming sales of equipment compared to online stores.
Region wise, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America contributed the highest revenue during golf equipment market forecast and is expected to dominate the market during the forecast period.
Golf equipment market has witnessed growth owing to increase in golf tourism. According to the International Association of Golfing Tour Operators (IAGTO), the global golf tourism market was valued at more than $17 billion in 2018, out of which the U.S. is reported to be the largest market in terms of golf as a sport. However, the rising middle-class population and investments in infrastructure in Asia-Pacific drive the golf sector, thereby supplementing the global market.
The COVID-19 pandemic had a negative impact on the golf equipment market growth. The golf equipment market demand has dropped in the market as a result of pandemic and travel restrictions have severely damaged the market’s distribution channel system globally. The lockdown has harmed workforce and resource availability, affecting the golf equipment market’s scale of production. The supply channel system for golf equipment has been harmed as a result of transportation constraints.
In order to promote product among customers, key market players in the golf equipment market employ a number of marketing strategies. New product launch, celebrity endorsements, partnerships, and social media marketing are few of the strategies implemented by the top companies in the market. As a result, the market is expected to benefit from new and innovative marketing methods and rising demand for golf equipment.
Furthermore, online discounts on the golf equipment may boost the demand in the near future. The growing popularity of golf among the affluent and upper-class population is expected to boost the product demand in the coming years. An increase in the number of golf courses as a result of rising golf tourism could stimulate demand of the golf equipment during the forecast period. Golf also provides numerous golf equipment market opportunities to socialize and spend quality time.
Golf is a high revenue sport that is prompting a surge in the construction of golf courses and clubs. In addition, technical developments in golf clubs are projected to attract more customers, leading in a surge in demand for golf equipment.
The major players operating in the golf equipment industry are Acushnet Holdings Corp., Roger Cleveland Golf Company, Inc., Golfsmith International Holdings, Inc., Nike, Inc., Amer Sports Corporation, Bridgestone Sports Ltd., Sumitomo Rubber Industries Ltd., Callaway Golf Company, TaylorMade Golf Company, Inc., and PING.
The global market size was valued at $7,041.3 million in 2020, and is projected to reach $10,150.3 million by 2030, registering a CAGR of 3.9% from 2021 to 2030.
By type, the golf clubs segment was the highest contributor to the market, with $3,336.2 million in 2020, and is estimated to reach $4,484.5 million by 2030, at a CAGR of 3.2% during the forecast period.
By distribution channel, the specialty stores segment was the highest contributor to the market, with $3,277.4 million in 2020, and is estimated to reach $4,595.0 million by 2030, at a CAGR of 3.7% during the forecast period.
By region, North America was the highest revenue contributor, accounting for $3,541.1 million in 2020, and is estimated to reach $4,750.3 million by 2030, with a CAGR of 3.2%.
Reasons to Buy this Golf Equipment Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you’re looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
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.
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 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 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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1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int’l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com
According to a new report published by Allied Market Research, titled, “Personalized travel and experiences Market by Service type, Mode of booking, Age Group and Purpose: Global Opportunity Analysis and Industry Forecast, 2021–2030, The global personalized travel and experiences market is expected to reach $447.3 billion by 2030 at a CAGR of 17.8% from 2021 to 2030.
Personalized travel and experiences is about building customer loyalty by building a meaningful one-to-one relationship with travelers or tourists. Service providers including flights, cruise lines, and hotels understand the needs of each individual and help satisfy a goal that efficiently and knowledgeably addresses each individual’s need in a given context.
Growth in trend of online bookings, customization of holiday and business trip packages, social media influence, and combined use of information and technology are some of the factors that drive growth of the personalized services and experiences market. Social media platforms of are increasingly getting accessed to get basic information of customers to analyze special needs of customers such as food & drink preferences. Flight, cruise lines, hotels, and tourism service providers are expected to have better opportunities to analyze and study needs and preferences of customers and serve them accordingly. Collectively, these factors contribute toward growth of the personalized travel and experiences market.
COVID-19 pandemichas been negatively affected personalized travel and experience market, owing to restrictions on domestic tourism, restaurant visits, trade fairs, and visits to cultural events. In addition, various prominent events have postponed or event have been canceled in many countries, owing to the pandemic. Moreover, due to increase in cancellation of events, the airline industry has reduced the flight plans by almost more than half. Thus, COVID-19 has negatively impacted the personalized travel and experience market, owing to implementation of complete lockdown, globally.
The personalized travel and experiences market is divided into service type, mode of booking, age group, purpose, and region. On the basis of service type, it is categorized into in-flight personalization, cruise lines personalization, adventure travel, in-hotel personalization, and others. By mode of booking, it is segregated into OTA platform and offline. According to age group, it is divided into millennial, generation X, baby boomers, and others. On the basis of purpose, it is segregated into leisure and business. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
On the basis of service type, the adventure travel segment was valued at $16.7 billion in 2020, and is projected to reach $83.3 billion by 2030, registering a CAGR of 18.0% from 2021 to 2030. In adventure travel people are interested in exploring and visiting new places and interested to perform activities such as free fall, rafting, mountain biking, skiing and snowboarding. Growing interest of the millennial population for adventure travel and availability to customize their adventure travel and tourism package are likely to garner the growth of the personalized travel and experiences market during the forecast period.
On the basis of mode of booking, The OTA platform segment was valued at $22.6 billion in 2020, and is expected to reach $132.6 billion by 2030, registering a CAGR of 19.9% from 2021 to 2030. It is a web-based marketplace which helps travelers, tourists, and customers to research and book travel products and services, including hotels, flights, cruises, and adventure activities directly with service providers. OTA has been gaining considerable traction among travelers and tourists, owing to benefits associated such as low cost deals, quick and easy comparison of travel and tourism packages, availability of multi-airline itineraries, and flexible cancellation process.
On the basis of age group, the generation X segment is estimated to reach $131.2 billion by 2030, at a CAGR of 18.4%. About two-thirds of high earning Gen-X and half of moderate earning Gen-X have been identified to plan travel for pleasure every year. Generation X are generally married with children so their destinations are chosen accordingly. Furthermore, they also care for their needs and go to places they have never been to and most importantly their desire for a safe place to visit. By providing personalized travel and adventure experiences, service providers can have repeated customers from generation X, thereby, it boosts growth of the personalized travel and experiences market.
On the basis of purpose, the business segment accounted for 19.1% in 2020, and is projected to increase to 22.9% by 2030. Business travel is journey done for business or work purposes only. Corporate people are specifically considered in this segment. They usually plan their travel and business tours to attain and participate in tread shows, conferees, meeting and industrial visits for partnership and other business deals. These travelers are considered to be frequent travelers. By analyzing their needs and preferences, which could be easily analyzed by their past travel data, service providers can personalize their in-flight and in-hotel services and enhance their experiences throughout their business travel.
Region wise, North America dominated the personalized travel and experiences market in 2020, and is projected to sustain its dominance throughout the forecast period. Recent years have witnessed the UK, France, Italy, Spain, and New Zealand as most popular outbound travel destinations among U.S. travelers. Among all the outbound travelers from the U.S., number of male travelers is more than females. Growth of the North America market for personalized travel and experiences can be attributed to rapid adoption of technology to enhance on-board travels. Advertisement and promotion through digital media platforms are key influencer for tourists and customers to visist travel websites such as TripAdvisor.
Players operating in the personalized travel and experiences market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. Key players profiled in this report include Best Western, Carnival Corp., Club Family Hotel, Delta Flights, EasyJet, KLM Royal Dutch, Princess Cruises, Virgin Hotels, IBERIA LAE SA, and Expedia Group, Inc.
Key findings of the study
The personalized travel and experiences market size was valued at $91.2 billion in 2020, and is estimated to reach $447.3 billion by 2030, growing at a CAGR of 17.8% during the forecast period.
By service type, the cruise lines personalization segment is estimated to witness the fastest growth, registering a CAGR of 20.5% during the forecast period.
In 2020, depending on mode of booking, The OTA platform segment was valued at $22.6 billion, accounting for 24.8% of the global personalized travel and experiences market share.
Depending on age group, the baby boomers segment is estimated to witness the fastest growth, registering a CAGR of 18.4% during the forecast period.
In 2020, the U.S. was the most prominent market in North America, and is projected to reach $133.4 billion by 2030, growing at a CAGR of 17.2% during the forecast period.
Reasons to Buy this Personalized Travel and Experiences Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you’re looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
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.
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 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 domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int’l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com
The global hull mounted sonar system market is experiencing a significant growth due to increasing demand for sonar systems in naval forces for anti-submarine capabilities. Hull-mounted sonar is the main underwater sensor of naval platforms, which detects submarines, unmanned underwater vehicles, diver delivery vehicles and mines with accurate localization as it employs advanced adaptive signal and information processing techniques for detection, tracking, and classification of targets. Sonar system uses propagation of sound in fluid to navigate, communicate, and detect other objects under the water surface. Actives sonars work similar to radars in detection of targets up to a certain range, whereas passive sonars are stealth system used in anti-submarine warfare.
Government has imposed lockdown to slow the spread of COVID-19 causing the sonar system manufacturers to halt manufacturing processes.
Ship builders are facing operational issues in ship construction and sonar system installation due to government decision to enforce lockdown in the wake of COVID-19.
Naval forces are forced to delay on-going military projects involving sonar system installation & upgradation, due to lack of workforce caused by the travel advisory issued by governments globally.
Sonar system manufacturers are witnessing disruption in supply chain of components and raw materials required for the development & testing of sonar system.
Maritime trade activities such as oil trade, are also on a standstill due to decline in demand. Government imposed travel restrictions due to COVID-19 pandemic has affected the maritime tourism activities as well.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Surge in maritime tourism activities, increase in demand for seaborne trade activities, and rise in adoption of autonomous ships are the factors that drive the global hull mounted sonar system market. However, marine life hazard due to sonar usage hinders the market growth. On the contrary, growing military naval fleets, research & development in sensor technology, and developments in artificial intelligence present new pathways in the industry.
The global hull mounted sonar system market trends are as follows:
Rise in adoption of autonomous ships
For instance, in September, 2020, Mayflower (an autonomous ship) will launch from Plymouth (seaside town on the English Channel) to set a voyage for the other side of the Atlantic. The ship will be fully autonomous, with no crew or passengers on board and will be powered by solar panels and a wind turbine at its stern. The boat has a backup electrical generator on board, with no plans to refuel the boat at sea if the generator backup runs dry. Mayflower’s radar, cameras, lights, antennas, satellite-navigation equipment, and sonar pods will all be perched above the hull on a specially outfitted mast. In addition, the hull mounted sonar system will be used along with additional system in a science bay for experiments to measure oceanographic, climate, and meteorological data. Moreover, during the boat’s voyage a variety of electronics such as weather system, sensors, and regulatory data, as well as communication system operated by the IBM systems onshore that will continue to train the AI algorithms. Such rise in adoption of autonomous ships is expected to boost the global hull mounted sonar system market.
Key benefits of the report:
This study presents the analytical depiction of the global hull mounted sonar system industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global hull mounted sonar system market share.
The current market is quantitatively analyzed to highlight the global hull mounted sonar system market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global hull mounted sonar system market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the hull mounted sonar system market research report:
Which are the leading market players active in the hull mounted sonar system market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What are the projections for the future that would help in taking further strategic steps?
Hull Mounted Sonar System Market Report Highlights
Aspects
Details
By Platform
Ship Airborne
By Installation
Unmanned Underwater Vehicle Airborne Vessel-Mounted Towed Port
By Operation
Passive Active Dual
By Application
Commercial Defense
By End User
Retrofit Line Fit
By Region
North America (the U.S., Canada) Europe (Germany, the UK, France, rest of Europe) Asia-Pacific (China, Japan, India, rest of Asia-Pacific) Latin America (Brazil, Mexico, rest of LATAM) The Middle EastAfrica
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