A Market Place Research – Page 1713

Mobile Artificial Intelligence (AI) Market To Undertake Strapping Growth During 2021 – 2030 | NVIDIA Corporation (U.S.), Intel Corporation (U.S.)

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Allied Market Research (Portland, Oregon, USA) Published Latest Report titled, “Mobile Artificial Intelligence (AI) Market“.

According to Allied Market Research, The Mobile Artificial Intelligence (AI) Market report provides an in-depth analysis of the market on the basis of various parameters such as sales analysis, major driving factors, market trends, prime market players, prime investment pockets and market size, that aid in formulating sound business strategies and making informed decisions. The global Mobile Artificial Intelligence (AI) Market report covers an overview of the market and outlines market definition and scope. The ongoing technological developments and surge in demand have an influential effect on the market growth.

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Moreover, the study provides Porter’s five forces model, along with portfolio and financial analysis and business overview of services and products. Furthermore, the report provides a quantitative and qualitative analysis of the market, outlines the pain point analysis, value chain analysis, and key regulations.

The global Mobile Artificial Intelligence (AI) Market report provides a comprehensive study of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study covers a SWOT analysis that aids in recognizing the restraining and driving factors in the market. Furthermore, the report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the industry. The drivers and opportunities help in grasping the dynamic market trends and how market players can leverage such trends.

The major market players that are studied in the report are NVIDIA Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Qualcomm Inc. (U.S.), Apple Inc. (U.S.), Google (U.S.), Samsung Electronics (South Korea), MediaTek Inc. (Taiwan), and Huawei Technologies (China).

These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

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The report covers brief analysis of the impact of the Covid-19 outbreak on the market. The prolonged lockdown and disrupted supply chain across coupled with strict restrictions on international trade have a severe impact on the growth of the global Mobile Artificial Intelligence (AI) Market. The Covid-19 pandemic increased the prices of raw materials and changed customer preferences.

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The regions analyzed in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). This regional analysis aids to formulate business strategies that target specific regions to leverage lucrative opportunities.

Key Market Segments:

By Technology Node

20–28nm
10nm
7nm
Others

By Component

Hardware
- Processor
- Memory
- Sensor
- Others
Software
Services

By Application

Smartphones
Cameras
Drones
Automotive
Robotics
AR/ VR
Others

A thorough analysis of every segment helps to make strategic decisions and make profitable investments in the future. Furthermore, it helps market players to gain a competitive edge. The analysis of segment and sub-segment is offered in graphical and tabular formats. This study is vital to understanding the highest revenue-generating and fasting-growing segments of the market.

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Turbocharger Market to See Huge Growth & Profitable Business | BorgWarner Inc., Continental AG, Cummins Inc., EATON Corporation, Honeywell International Corporation

According to the report published by Allied Market Research, the global turbocharger market garnered $16.13 billion in 2019, and is expected to reach $24.23 billion by 2027, witnessing a CAGR of 5.3% from 2020 to 2027. The report provides a comprehensive analysis of key market trends, driving factors & opportunities, major segments, value chain, product portfolio, and competitive landscape.

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An increase in engine performance and fuel efficiency, government regulations, and engine downsizing to lower down the vehicle weight drive the growth of the global turbocharger market. However, excess rise in engine temperature due to overheating issues restrains the market growth. On the other hand, an increase in demand for fuel-efficient engines and gasoline engines open up new pathways in the coming years.

Based on technology, the twin-turbo technology segment accounted for the largest share in 2019, contributing to more than two-fifths of the total revenue, and is expected to maintain its dominant share during the forecast period. However, the variable geometry technology segment is expected to witness the highest CAGR of 6.0% from 2020 to 2027. The research also discusses the wastegate technology segment.

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Based on application, the light commercial vehicle segment contributed to the largest share in 2019, holding more than one-fourth of the total market share, and is estimated to continue its highest share throughout the forecast period. However, the ships and aircrafts segment is projected to witness the highest CAGR of 6.5% during the forecast period.

Based on material, the aluminum segment held the highest share in the global turbocharger market in 2019, contributing to three-fourths of the total market share, and is expected to maintain its dominant position during the forecast period. Moreover, this segment is estimated to garner the highest CAGR of 5.5% from 2020 to 2027. The research also analyzes the cast iron segment.

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Based on the region, Asia-Pacific is expected to register the highest CAGR of 6.1% during the forecast period. However, Europe held the highest market share, accounting for more than two-fifths of the total share in 2019, and will maintain its highest contribution during the forecast period.

Leading players of the global turbocharger market analyzed in the research are BorgWarner Inc., Cummins Inc., Continental AG, Honeywell International Corporation, EATON Corporation, Mitsubishi Heavy Industries, IHI Corporation, Rotomaster International, Precision Turbo & Engine, and Turbo Dynamics Ltd. and others.

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About Us

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.

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Space Launch Services Market Strategies of Major Companies, and New Trends by 2027

According to the report published by Allied Market Research, the global space launch services market generated $9.88 billion in 2019 and is estimated to reach $32.41 billion by 2027, registering a CAGR of 15.7% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

The surge in investments made by private companies and governments to encourage research activities in space and growing demand for non-geostationary satellite orbit (NGSO) for commercial space launches drives the growth of the global space launch services market. However, high initial investment associated with space launch services hinders the market growth. On the other hand, the development of suborbital vehicles for space tourism creates new opportunities for the market player in the coming years.

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Covid-19 scenario:

Several major market players involved in the manufacturing of space launch vehicle components have halted their production due to a shortage of raw material amid lockdown due to the COVID-19 pandemic.
Various global space-related events such as CABSAT, satellite 2020, SMi small satellites conference, sea air space, and many others, have either been rescheduled or canceled due to the COVID-19 pandemic. For example, AIxSPACE and space tech expo events that were planned to be held in Montreal and California have been rescheduled to November 2020 and July 2020 respectively.
The report offers detailed segmentation of the global space launch services market based on payload, launch platform, service type, launch vehicle, end-user, and region.

Based on payload, the satellite segment contributed to the largest share in 2019, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, strotallite segment is estimated to portray the highest CAGR of 70.5% during the forecast period.

Based on the launch platform, the land segment accounted for the largest share in 2019, holding more than 90% of the total share, and is expected to maintain the largest share throughout the forecast period. However, the sea segment is expected to register the highest CAGR of 16.9% from 2020 to 2027.

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Based on the region, the U.S. contributed the highest share, accounting for nearly two-fifths of the total market share in 2019, and will maintain its dominance throughout the forecast period. In addition, it is also expected to grow at the highest CAGR of 17.2% from 2020 to 2027. The research also analyzes Russia, China, India, and others.

Leading market players analyzed in the research include Mitsubishi Heavy Industries, Antrix Corporation Ltd., AIRBUS S.A.S (Arianespace), Space Exploration Technologies Corp (SpaceX), The Boeing Company (United Launch Alliance), Safran (Arianespace), State Space Corporation ROSCOSMOS, Lockheed Martin Corp. (United Launch Alliance), S7 Space (Sea Launch), and Rocket Lab USA.

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About Us

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.

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Shipping Container Market is Booming Globally with Top key players- CXIC Group, OEG Offshore limited, Singamas Container Holdings Limited, TLS Offshore Containers International

As per the report published by Allied Market Research, the global shipping containers market accounting for $8.70 billion in 2018 and is projected to garner $12.08 billion by 2026, growing at a CAGR of 4.3% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

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The rise in demand for cargo transportation through ships and an increase in trade-related agreements have boosted the growth of the global shipping containers market. However, fluctuations in transportation and inventory costs hamper the market. On the contrary, the anticipated trend of the automation in marine transportation, and the rise in marine safety norms would create opportunities for the market players in the coming years.

The global shipping containers market is divided on the basis of container size, product type, end-use, and region. Based on container size, the market is segmented into small containers (20 feet), large containers (40 feet), and high cube containers (40 feet). The small container segment held the largest share in 2019, accounting for nearly one-third of the market. However, the large container segment is projected to register the highest CAGR of 4.8% during the forecast period.

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Based on product type, the market is categorized into dry storage containers, flat rack containers, refrigerated containers, special-purpose containers, and others. The dry storage containers segment dominated the market in 2018, accounting for more than one-fourth of the market. In addition, the segment is projected to register the highest CAGR of 5.3% during the forecast period.

The global shipping containers market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held more than one-third of the market and is expected to dominate the market throughout 2027. At the same time, the segment is anticipated to manifest the fastest CAGR of 5.5% from 2020 to 2027.

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The global shipping containers market report includes an in-depth analysis of the major market players such as CARU containers, China International Marine Containers, A.P. Moller–Maersk Group, COSCO SHIPPING Development Co., Ltd, OEG Offshore limited, Singamas Container Holdings Limited, TLS Offshore Containers International, W&K Containers, Inc., CXIC Group, YMC Container Solutions, and others.

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Robo Taxi Market 2021 Company Business Overview and Forecast to 2030 – Top Players like Daimler AG, Ford Motor Company, Lyft, Tesla, Volkswagen AG

According to the report published by Allied Market Research, the global robo taxi market was pegged at $1.03 billion in 2023 and is expected to hit $38.61 billion by 2030, registering a CAGR of 67.8% from 2023 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Surge in requirement for road safety & efficient traffic control and rise in demand for emission free & fuel-efficient vehicles fuel the growth of the global robo taxi market. On the other hand, several cyber security threats and expensive R&D costs required for proper implementation restrain the growth to some extent. However, supportive government strategies and smart city development programs are expected to usher in lucrative opportunities in the near future.

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The goods transportation segment to dominate by 2030-

By application, the goods transportation segment is expected to peg at nearly three-fifths of the total market revenue in 2023, and would continue to rule the roost throughout the forecast period. The passenger transportation segment, on the other hand, would grow at the fastest CAGR of 74.2% during the study period.

The camera segment to maintain the lion’s share by 2030-

By component, the camera segment is expected to account for more than one-fourth of the total market share in 2023, and would retain its dominance by the end of 2030. At the same time, the ultrasonic sensor segment would cite largest CAGR of 75.5% throughout the forecast period.

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North America would bring in the highest share in 2023-

By geography, North America would hold the major market share in 2023, generating more than two-fifths of the global market. Simultaneously, Europe is projected to manifest the fastest CAGR of 75.6% during the estimated period. The other two regions analyzed in the report include LAMEA and Europe.

Leading players in the industry-

The leading market players analyzed in the global robo taxi market report include Cruise LLC (subsidiary of General Motor Company), Tesla, Nissan Motor Corporation, Volvo Group Lyft, Inc., Waymo LLC (subsidiary of Alphabet Inc.), Daimler AG, Uber Technologies, Ford Motor Company, and Volkswagen AG. These market players have adopted different strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their stand in the industry.

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About Us

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.

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Advanced Tires Market Analyzed By Business Growth, Development Factors, Applications and Future Prospects 2030

According to the report published by Allied Market Research, the global advanced tires market garnered $248.7 million in 2020, and is estimated to garner $1.34 billion by 2030, growing at a CAGR of 18.4% from 2020 to 2030. The research provides a detailed analysis of changing market trends, key investment pockets, major segments, Porter’s Five Forces Model, and competitive landscape.

Increase in automobile manufacturing activities and strict regulations related to vehicular emissions propel the growth of the global advanced tires market. On the other hand, variations in raw material prices hinder the growth up to certain extent. Contrarily, increase in concerns related to fuel efficiency along with safety would provide a number of opportunities for the key market players.

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On the basis of material type, the natural rubber segment would hold more than one-third of the total share of the global advanced tires market in 2020, and is estimated to retain its dominant position from 2020 to 2030. This is due to natural rubber possessing a large stretch ratio, increased resilience, and crack resistance. However, the synthetic rubber segment is expected to register the highest CAGR of 20.4% by 2030. This is due to synthetic rubber being more resistant to oil, certain chemicals, and oxygen along with its characteristic of lasting long.

On the basis of type, the pneumatic tires segment would hold around one-third of the total revenue of the global advanced tires market in 2020, and is estimated to maintain lead throughout the forecast period. On the other hand, the run flat tires segment is expected to witness the fastest CAGR of 20.1% from 2020 to 2030.

Based on region, Asia-Pacific is expected to garner the largest revenue, accounting for nearly two-fifths of total share of the global advanced tires market in 2020. In addition, this region is expected to register the highest CAGR of 19.7% from 2020 to 2030. This is attributed to increase in population and rise in demand for automobiles. The growth would be followed by Europe and North America.

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Key market players active in the market include Bridgestone Corporation, Michelin, Continental AG, The Goodyear Tire & Rubber Company, Pirelli & C. S.p.A, Nokian Tyres plc, The Yokohama Rubber Co., Ltd., Sumitomo Corporation, Hankook Tire & Technology Co., Ltd., Toyo Tire Corporation, and others.

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About Us

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.

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Sesame Oil Market Overview and Scope 2018 to 2025 | Key Players: Manishankar Oils Private Limited, Tampico, etc.

Sesame oil, also known as gingelly oil, is produced by extraction from the sesame seeds. It possesses numerous antibacterial, antiviral, and antioxidant properties, making it therapeutic for various health conditions. It has been used as a base oil for 90% of herbal oils in the ancient times, and is used commonly for cooking in the Asian and Middle Eastern cuisines.

However, overconsumption could prove hazardous, leading to several health conditions such as bowel and colon irritation. In addition, lack of awareness regarding the health benefits provided by the consumption of sesame oil among the major population could restrain the market growth.

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On the contrary, owing to its antioxidant properties, sesame oil serves as a healthier alternative to vegetable oil and can also be used in manufacturing cosmetics. These factors are anticipated to offer immense opportunities for the market expansion.

The global sesame oil market is segmented based on application, end use, distribution channel, and region. The applications covered in the study include pharmaceutical industry, cosmetics, and personal care industry, and food industry. Depending on end use, the market is categorized into household and commercial. By distribution channel, it is fragmented into supermarkets, online retail, specialty stores, and direct sales. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in market include Organic India, Manishankar Oils Private Limited, Tampico, Kadoya Sesame Mills Inc., La Tourangelle, Inc., Bliss of Earth, Pro Nature, Haigenie, Nature’s Absolutes, and Khadi.

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Key Benefits for Sesame Oil Market:

This report provides an extensive analysis of the current and emerging trends and dynamics in the sesame oil market.
In-depth analysis is done by constructing market estimations for the key market segments to identify the prevailing market opportunities.
This study evaluates the competitive landscape and value chain to understand the competitive environment across the geographies.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Comprehensive analysis of all regions is provided to determine the prevailing opportunities in these geographies.

Key Market Segments

By APPLICATION

PHARMACEUTICAL INDUSTRY
COSMETICS AND PERSONAL CARE INDUSTRY
FOOD INDUSTRY

By END USE

HOUSEHOLD
COMMERCIAL

By DISTRIBUTION CHANNEL

SUPERMARKETS
ONLINE RETAIL
SPECIALTY STORES
DIRECT SALES

By REGION

NORTH AMERICA
EUROPE
ASIA PACIFIC
LAMEA

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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 services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

Fermented Milk Market 2019 Research: Trends, Regional Outlook, and Forecast Analysis 2026

According to the report, the global fermented milk market generated $264.77billion in 2018, and is estimated to reach $396.87billion by 2026, registering a CAGR of 5.1% from 2019 to 2026.The report offers anextensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Surge in demand for dairy beverages and products across the globe and growing awareness among consumers for losing weight drive the growth of the global fermented milk market. However, rise in awareness of using vegan products is anticipated to restrain the market growth. Furthermore, increasing demand for organic yurt is expected to provide new growth opportunities during the forecast period.

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Covid-19 scenario:

The bioactive protein of fermented milk helps improve the immunity of the body, which might improve resistance to Corona virus.
The disruption in economic activities amid lockdown due to Covid-19 pandemic and closure of non-essential commercial establishments such as restaurants, hotels, sweet shops, andbakeries has declined the consumption of fermented milk during the forecast period.

According to Gujarat Cooperative Milk Marketing Federation, the sale of fermented milk has surged by 8.0% and demand for cheese has surged by 20-25% during the Covid-19 pandemic. This is due to change in the eating habits of the consumers as they now preferconsumingnutritious food to boost the immune system.

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The report offers a detailed segmentation of the global fermented milk market based ontype, distribution channel, and region.

Based on type, the yogurt segmentcontributed to the largest share in 2018, accounting fornearly half of the total share, and is estimated to maintain its dominant position during the forecast period. However, thesour cream segmentis estimated to portray the highest CAGR of 6.4% during the forecast period.

Based on distribution channel, the specialty stores segmentaccounted for the largest share in 2018, holding nearly three-fifthsof the total share, and is expected to maintain the largest share throughout the forecast period. However,the online stores segmentis expected to register the highest CAGR of 10.0% from 2019 to 2026.

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Based on region,North Americacontributed the highest share, accounting formore than one-thirdof the total market sharein 2018, and will maintain its dominance throughout the forecast period.However,Asia-Pacificisexpected to grow at the highest CAGR of 7.1% from 2019 to 2026.

Leading market players analyzed in the research include Parmalat S.p.A., Nestle,Britannia Industries Limited,FrieslandCampina,Yoplait, Danone,Yakult, Arla Foods,Chobani LLC, and Muller.

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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

Online Voting System Market Outlook 2022: Key Growth Factors and Opportunity Analysis by 2029

Online voting system is software platform which is used to conduct votes and elections securely. It is digital platform which is conduct elections without paper or ballot. Many secure voting platform vendors provide supportive vote management consulting services that help organizations design and implement their voting procedures. These services help organizations save time, stick to best practices, and meet internal requirements and/or external regulations, such as third-party vote administration needs.

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The common challenge while considering the online voting is the security of votes. The increased number of spoofing votes and voters, denial of service attacks, hacking voting campaigns, redirecting or intercepting votes, attacks on data centers are some of the basic threats for the online voting and thus it is essential to create policies and security standards, as absence of this may hinder the growth of the market.

The election commission of emerging countries government are looking at various sectors for online voting. The election commission of various countries are also collaborated with top key service provider in order to develop a highly secured block chain system for voting as this would help solve the problem of people being unable to vote. In addition to this, every major political party in the world uses online voting for their own internal elections and thus these collaboration and policies is expected to increased lucent opportunities for the online voting system market.

Numerous factors such as increase in easy, enhanced voter experience, reduction in time taken and transportation cost are some of the key driving factors for the growth of the data. In addition to this, online voting system offers flexibility for the people with physical disabilities or medical problems, less required physical infrastructure, boost participation are also some of the factors in in fueling the growth of the market. However, security of votes and lack of awareness about the online voting system market may hinder the growth of the market. Furthermore, Adoption of technological advancement, rise in the number of policies towards online voting in the government sectors are some of the areas which is expected to boost the opportunities for the market.

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Metal Furniture Market Analysis, Growth Opportunities, Business Outlook, In-depth Analysis of Industry Players and Forecast to 2031

The global metal furniture market size was valued at $141,444.0 million in 2020, and is projected to reach $191,734.0 million by 2028, registering a CAGR of 3.9% from 2021 to 2028. The bed segment was the highest contributor to the market, and is estimated to grow at a CAGR of 4.0% during the forecast period.

Rise in consumer interest toward home décor, surge in the number of offices, and rapid growth of online retail platforms have boosted the growth of the global metal furniture market. However, rise in cost of raw materials hinders the market growth. On the contrary, rise in the standard of living owing to increase in disposable income and advent of customized furniture and technology are expected to create lucrative opportunities for the market players in the future.

The global metal furniture industry has witnessed significant growth in the past few years, and is expected to grow at a steady pace during the forecast period. This is attributed to the fact that there is a rise in trend in customized designs, eco-friendly material, and French modern design. However, fluctuations in the price of raw materials and increase in counterfeit products restrain market growth.

The market is segmented into type, application, distribution channel, and region. By type, the market is divided into bed, sofa, chair, table, and others. On the basis of application, it is segmented into commercial and residential. By distribution channel, it is segregated into direct distribution, supermarket/hypermarket, specialty stores, and e-commerce. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

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On the basis of type, the bed segment was the highest contributor to the global metal furniture market growth in 2020, and is projected to reach $47,617.4 million by 2028, registering a CAGR of 4.0% from 2021 to 2028. Increase in standard of living leads to influence of home decor among customers, which leads to increase in demand for this segment. Moreover, the table segment is expected to be the fastest growing segment during the forecast period.

By distribution channel, the specialty store segment was the highest contributor to the metal furniture market, with $43,505.7 million in 2020, and is estimated to reach $59,140.2 million by 2028, at a CAGR of 3.9% during the forecast period. Specialty stores provide a variety of selective products with expertized staff, which allows customers to choose right products easily.

On the basis of the application, the residential segment was the largest contributor to the market growth during 2020. It is estimated to reach $105,490.5 million by 2028, at a CAGR of 3.8%. This growth attributes to increase in disposable income and rise in the real estate industry. With increase in numerous infrastructures, demand for furniture also rises. This trend leads to growth of the residential global metal furniture market.

Region-wise, according to the global metal furniture analysis, Asia-Pacific has gained considerable traction in market and is expected to grow at the highest CAGR of $3.9% during the forecast period of 2021-2028.

Key players in the global metal furniture industry profiled in the report include Chyuan Chern Furniture Co., Ltd., Cymax Group Inc., DHP Furniture, Godrej Furniture, Hillsdale Furniture, Inter IKEA systems B.V., Meco Corporation, Oliver Metal Furniture, Simpli Home, and Zinus.

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Key Benefits For Stakeholders:

• The report provides a quantitative analysis of the current global metal furniture market trends, estimations, and dynamics of the metal furniture market from 2020 to 2028 to identify the prevailing opportunities.
• Porter’s five forces analysis highlights potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis and the market trends and segmentation assists to determine the prevailing global metal furniture market opportunities.
• The major countries in each region are mapped according to their revenue contribution to the metal furniture market.
• The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.
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