Heavy-duty Pumps Market Outlook, Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2025

According to a new report published by Allied Market Research, titled, Heavy-duty Pumps Market: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global heavy-duty pumps market was valued at $ 12,823 million in 2017, and is expected to reach at $ 19,522 million by 2025, growing at a CAGR of 5.4% during the forecast period. The centrifugal pump segment accounted for more than four-fifth of the market share in 2017 and is expected to witness significant growth during the forecast period.

๐™‚๐™š๐™ฉ ๐™ž๐™ฃ๐™จ๐™ž๐™™๐™š ๐™Ž๐™˜๐™ค๐™ค๐™ฅ ๐™ค๐™› ๐™ฉ๐™๐™š ๐™ง๐™š๐™ฅ๐™ค๐™ง๐™ฉ, ๐™ง๐™š๐™ฆ๐™ช๐™š๐™จ๐™ฉ ๐™›๐™ค๐™ง ๐™จ๐™–๐™ข๐™ฅ๐™ก๐™š:-ย https://www.alliedmarketresearch.com/request-sample/3239ย 

Heavy-duty pumps are industrial pumps that are designed specially to transfer highly corrosive and abrasive fluids efficiently from one place to another. These pumps are suitable for oil & gas transfer, chemicals transfer, sewage transfer, and other heavy-duty applications. There is an increase in demand for the machine, owing to the rise in demand for portable water, globally. In addition, high efficiency and reliability offered by these pumps to transfer different products are expected to propel the market growth. However, increase in environmental protection activities due to rapid increase in pollution restrain the growth of heavy-duty pumps market.

According to the 2017 United Nations World Water Development report, more than 95% wastewater produced in few least-developed economies and more than 80% of the wastewater produced globally is discharged in the environment without any treatment, which pollutes the freshwater. Hence wastewater treatment offers a great opportunity for the manufacturers to manufacture pumps that are suitable to treat water and wastewater. In addition, key players have been focusing largely to adopt newer ways to boost the growth of the market. For instance, SPS pumps by General Electric perform various heavy-duty applications, such as liquefied/natural gas (NGL) boosting, crude oil boosting and transfer, condensate transfer, and others, thereby propelling the heavy-duty pumps market growth.

According to the 2017 United Nations World Water Development report, more than 95% wastewater produced in few least-developed economies and more than 80% of the wastewater produced globally is discharged in the environment without any treatment, which pollutes the freshwater. Hence wastewater treatment offers a great opportunity for the manufacturers to manufacture pumps that are suitable to treat water and wastewater.

The processing industry segment based on end-user industry has the largest market share in the global heavy-duty pumps market during the forecast period. Its market share is expected to grow due to the rise in demand for chemical processing & wastewater processing across the globe. Furthermore, the others market in the product type segment is expected to grow at a significant CAGR during the forecast period, owing to the capability of heavy-duty pumps to efficiently resist corrosion.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ถ๐˜‡๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜

The global heavy-duty pumps market was valued at $ 12,823 million in 2017, and is expected to reach at $ 19,522 million by 2025, growing at a CAGR of 5.4% during the forecast period. The centrifugal pump segment accounted for more than four-fifth of the market share in 2017 and is expected to witness significant growth during the forecast period.

Heavy-duty pumps are industrial pumps that are designed specially to transfer highly corrosive and abrasive fluids efficiently from one place to another. These pumps are suitable for oil & gas transfer, chemicals transfer, sewage transfer, and other heavy-duty applications. There is an increase in demand for the machine, owing to the rise in demand for portable water, globally.

In addition, high efficiency and reliability offered by these pumps to transfer different products are expected to propel the market growth. However, increase in environmental protection activities due to rapid increase in pollution restrain the growth of heavy-duty pumps market.

In addition, key players have been focusing largely to adopt newer ways to boost the growth of the market. For instance, SPS pumps by General Electric perform various heavy-duty applications, such as liquefied/natural gas (NGL) boosting, crude oil boosting and transfer, condensate transfer, and others, thereby propelling the heavy-duty pumps market growth.

The processing industry segment based on end-user industry has the largest market share in the global heavy-duty pumps market during the forecast period. Its market share is expected to grow due to the rise in demand for chemical processing & wastewater processing across the globe.

๐™ˆ๐™–๐™ ๐™š ๐™– ๐™‹๐™ช๐™ง๐™˜๐™๐™–๐™จ๐™š ๐™„๐™ฃ๐™ฆ๐™ช๐™ž๐™ง๐™ฎ: – https://www.alliedmarketresearch.com/purchase-enquiry/3239 

Furthermore, the others market in the product type segment is expected to grow at a significant CAGR during the forecast period, owing to the capability of heavy-duty pumps to efficiently resist corrosion.

Key Findings of the Heavy-duty Pumps Market:

Based on end-user industry, the processing industry segment dominated the heavy-duty pumps market in terms of revenue in 2017, and is projected to grow at a CAGR of 5.7% during the forecast period.
Asia-Pacific generated the highest revenue in 2017 and is anticipated to grow at the highest CAGR of 6.2%.
The centrifugal pump segment based on the pump type generated the highest revenue in 2017, and is estimated to grow at the rate of 5.6%.
In North America, the U.S. accounted for more than half of the market share in 2017.

๐™๐™ค ๐™‹๐™ช๐™ง๐™˜๐™๐™–๐™จ๐™š ๐™ฉ๐™๐™ž๐™จ ๐™‹๐™ง๐™š๐™ข๐™ž๐™ช๐™ข ๐™๐™š๐™ฅ๐™ค๐™ง๐™ฉ: https://www.alliedmarketresearch.com/checkout-final/f79c48a6d0960db84718a60f132883e4 

๐—ง๐—ต๐—ฒ ๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€

The key players profiled in this report are Alfa Laval, EBARA Corporation, Flowserve Corporation, Gardner Denver, Inc., General Electric Company, Grundfos, ITT INC., KSB SE & Co., Sulzer Ltd., and The Weir Group PLC.

Global Cementitious Flooring Market Size & Share Analysis 2031

According to a new report published by Allied Market Research, titled, โ€œCementitious Flooring Market,” The cementitious flooring market size was valued at $1.1 billion in 2021, and is estimated to reach $2 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.

๐™‚๐™š๐™ฉ ๐™ž๐™ฃ๐™จ๐™ž๐™™๐™š ๐™Ž๐™˜๐™ค๐™ค๐™ฅ ๐™ค๐™› ๐™ฉ๐™๐™š ๐™ง๐™š๐™ฅ๐™ค๐™ง๐™ฉ, ๐™ง๐™š๐™ฆ๐™ช๐™š๐™จ๐™ฉ ๐™›๐™ค๐™ง ๐™จ๐™–๐™ข๐™ฅ๐™ก๐™š:-ย https://www.alliedmarketresearch.com/request-sample/16776ย 

Cementitious flooring is a type of floor coating used for indoor and outdoor applications in the residential, commercial and industrial spaces. Various types of cementitious floor coatings such as epoxy, polyurethane, acrylic is widely utilized in resurfacing applications. It is environment-friendly, low maintenance, fire resistance, durability, and provides aesthetics look.

Growth of the population, combined with the construction of new business centers, such as offices, factories, warehouses, sports complexes, hospitality, has prompted the deployment of compact and efficient decor systems. The restoration business continues to benefit from a strong housing market, which includes rise in home building, sales, and equity. Moreover, rise in expenditure by governments and private construction companies on remodeling and repairing of houses is anticipated to drive the cementitious flooring market growth. Furthermore, increased focus on sustainable development is driving the demand for cementitious flooring solutions that are relatively eco-friendly. This has encouraged key players to innovate and develop ecofriendly cementitious floorings, thereby providing lucrative growth opportunities.

Major players have adopted product launch and acquisition as a key strategy to sustain the competition and improve the product portfolio. For instance, in June 2022, Sherwin-Williams acquired Gross & Perthun GmbH which is recognized as a German based developer, manufacturer and distributor of coatings primarily for heavy equipment and transportation industries. The acquisition aim to drive the sustainability transformation of coating industry.

Asia-Pacific registered largest share in the global cementitious flooring market share in 2021, owing to rise in the number of residential and commercial building is anticipated to positively influence the demand for cementitious flooring market. Furthermore, the majority of countries in the region are spending on construction sector for the growth of their economies.

However, during the COVID-19 pandemic, various manufacturers in the cementitious flooring market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of cementitious flooring companies. In addition, lack of manpower and raw materials also constricted supply of cementitious flooring, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of cementitious flooring companies.

The Global Cementitious Flooring Market is expected to show significant growth during the forecast period. This is mainly due to increasing demand from the construction industry, growing investment in infrastructure, and increasing demand for cementitious flooring in residential applications.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ถ๐˜‡๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜

Cementitious Flooring is a type of flooring material that is manufactured using cement and sand as the main ingredients. It provides a durable, waterproof and low maintenance surface. This type of flooring is widely used in industrial and commercial applications as well as in residential applications.

Recent studies have shown that the Global Cementitious Flooring Market is expected to grow at a CAGR of 5.4% during the forecast period from 2020 to 2027. The growth of the market is mainly driven by the increasing demand from the construction industry, growing investment in infrastructure and increasing demand for cementitious flooring in residential applications.

๐™ˆ๐™–๐™ ๐™š ๐™– ๐™‹๐™ช๐™ง๐™˜๐™๐™–๐™จ๐™š ๐™„๐™ฃ๐™ฆ๐™ช๐™ž๐™ง๐™ฎ: – https://www.alliedmarketresearch.com/purchase-enquiry/16776 

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ

The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into concrete, epoxy, polyurethane, and others. On the basis of application, the market is segmented into industrial, commercial, and residential. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

The major players studied in the Global Cementitious Flooring Market include 3M, Sika AG, BASF SE, Ardex Group, Mapei, Bostik, Fosroc International, Apar Industries, Tarkett, and Chengdu ZYX Building Materials Co. Ltd. These companies are focusing on providing innovative products and services to enhance their market penetration.

Major players have adopted product launch and acquisition as a key strategy to sustain the competition and improve the product portfolio. For instance, in June 2022, Sherwin-Williams acquired Gross & Perthun GmbH which is recognized as a German based developer, manufacturer and distributor of coatings primarily for heavy equipment and transportation industries. The acquisition aim to drive the sustainability transformation of coating industry.

๐™๐™ค ๐™‹๐™ช๐™ง๐™˜๐™๐™–๐™จ๐™š ๐™ฉ๐™๐™ž๐™จ ๐™‹๐™ง๐™š๐™ข๐™ž๐™ช๐™ข ๐™๐™š๐™ฅ๐™ค๐™ง๐™ฉ: – https://www.alliedmarketresearch.com/checkout-final/569469ce86e96545955dd703dfb39dae 

๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜ ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„

The report provides an in-depth analysis of the Global Cementitious Flooring Market including market size, market segmentation, key trends, drivers, challenges, and opportunities. The report also provides a comprehensive analysis of the competitive landscape and key strategies adopted by the major players in the market.

Hemostats Market to growing at 5.3% CAGR Over 2023-2031, Top Key Players, Regional Analysis, and Growth Opportunity

How big is the hemostat market?

The growing focus on minimally invasive procedures is a key factor driving Hemostats revenue growth.

According to the report published by Allied Market Research, the globalย hemostatsย marketย generated $2.8 billion in 2021, and is projected to reach $4.7 billion by 2031, witnessing a CAGR of 5.3% from 2022 to 2031.ย 

Rise in prevalence of various types of surgeries, rising number of key players, and high adoption of hemostats product by hospitals and surgical centers drive the market growth, which are expected to notably contribute toward the growth of the global hemostats market during the forecast period.

Research Methodology

The research operandi of the global market includesย significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/serviceย descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industryย insights.

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COVID-19 scenario:

  • The Covid-19 outbreak led to the postponement and cancellation of all non-essential medical procedures, thereby negatively impacting a huge number of healthcare systems globally.
  • Decrease in number of surgical procedures hindered the growth of the hemostats market.

Get detailed COVID-19 impact analysis on the Hemostats Market –ย https://www.alliedmarketresearch.com/request-for-customization/17218?reqfor=covid

Key Market Segments:

Type:

Active Hemostats: These are products that contain active agents, such as thrombin or fibrin, which promote clot formation and accelerate the hemostasis process.

Passive Hemostats: These products provide a mechanical barrier to control bleeding. They can include absorbable materials like collagen or gelatin sponges.

Application:

General Surgery: Hemostats are commonly used in various surgical procedures to control bleeding and minimize blood loss.

Cardiovascular Surgery: In surgeries involving the heart and blood vessels, hemostats are crucial to prevent excessive bleeding.

Orthopedic Surgery: Hemostats can help manage bleeding in procedures related to bones and joints.

Neurosurgery: Delicate surgeries involving the brain and nervous system require effective hemostasis to ensure patient safety.

Gynecological and Obstetric Surgery: Hemostats play a role in managing bleeding during procedures related to the female reproductive system.

Trauma and Emergency Surgery: Hemostats are used to control bleeding in emergency situations and trauma cases.

End-Users:

Hospitals: These facilities perform a wide range of surgical procedures and often require various types of hemostats to manage bleeding effectively.

Ambulatory Surgical Centers: Outpatient surgical centers that conduct minor to moderate surgical procedures may also use hemostats.

Specialty Clinics: Certain clinics that focus on specific medical specialties might use hemostats for procedures relevant to their field.

Geography:

North America: This region has a significant market share due to the advanced healthcare infrastructure and high prevalence of surgical procedures.

Europe: European countries also have a substantial market, driven by a growing elderly population and an increasing number of surgeries.

Asia-Pacific: The market is growing in this region due to rising healthcare investments, increasing awareness about advanced surgical techniques, and a growing number of surgical procedures.

Latin America: The market is developing here, driven by improving healthcare access and a higher demand for surgical procedures.

Middle East and Africa: The market is smaller but growing due to expanding healthcare systems and an increasing focus on advanced medical technologies.

Product Form:

Powder: Hemostatic powders are applied directly to the bleeding site and aid in clot formation.

Gel: Hemostatic gels adhere to the bleeding area and promote clotting.

Matrix and Sheet: These are often made from absorbable materials and are applied to the bleeding site for hemostasis.

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Key findings of the study:

โ€ขย ย  ย Depending on type, the thrombin-based hemostats segment held largest market share in 2021, and is expected to remain dominant throughout the forecast period.ย 
โ€ขย ย  ย By formulation, the matrix & gel hemostats dominated the global market in 2021, and is anticipated to continue this trend during the forecast period.
โ€ขย ย  ย On the basis of application, the orthopedic surgery acquired the highest position in the global market, and is anticipated to continue this trend during the forecast period.ย 
โ€ขย ย  ย Region wise, North America is expected to experience notable growth, registering a CAGR of 4.3% during the forecast period.ย 

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Regional Growth Dynamics:

North America contributed to more than two-fifths of the total market share in 2021 and is estimated to continue its dominancy through 2031. However, Asia-Pacific is projected to manifest the fastest CAGR of 7.1% during the forecast period. The other regions analyzed in the report are Europe and LAMEA.

Key Points Covered by the Report-

  1. What are the fundamental skills, core competencies, and key players in the industry we are examining?
  2. What are the opportunities for marketing strategies that are developing at a usual rate?
  3. What are the main competitive factors influencing the industry?
  4. What marketing tactics are suitable for a particular service or product?
  5. What geographical areas are covered by the Hemostats Market report?
  6. What share of this market would each of the following regions hold during the forecast period: Asia-Pacific, Europe, North America, and LAMEA?
  7. How has COVID-19 impacted the Hemostats 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 โ€œMarket Research Reportsโ€ and โ€œBusiness Intelligence Solutions.โ€ 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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Electric Lighting Equipment Market Trends, Drivers, Restraints, and Key Players Profiles 2023 – 2032

Electric lighting equipment refers to electrical or electronic equipment used for producing artificial light or illumination, including any peripherals of the lighting bodies such as luminaires. To provide lighting in diverse indoor and outdoor setting electric lighting equipment is used. The equipment uses different technologies such as incandescent, fluorescent, light emitting diode (LED), high intensity discharge (HID), and others.

According to a new report published by Allied Market Research, titled, โ€œElectric Lighting Equipment Market by Type (General Lighting, Automotive Lighting, Back Lighting), by Sales Channel (Online, Offline), by Application (Residential, Commercial, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032,” the electric lighting equipment market was valued at $105.3 billion in 2022, and is estimated to reach $217.4 billion by 2032, growing at a CAGR of 7.6% from 2023 to 2032.

The electric lighting equipment market players profiled in the report include General Electric, Acuity Brand Inc., Philips Lighting (Signify Holding), Stanley Electric Co Ltd., Osram GmbH, Nichia Corporation, Hubbell Incorporated, Everlight Electronics Co.ltd., Eaton Corporation plc., and Toshiba Corporation. Various strategies such as product launches, and acquisitions have been adopted by market players to expand their foothold in the electric lighting equipment market.

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Electric Lighting Equipment Market

The market for electric lighting equipment is driven by the integration of lighting fixtures with internet of things (IoT) technologies such as sensors, bulbs, or adapters that allow users to manage their home or office lighting with their smartphone or smart home management platform. Lighting systems with Internet of Things (IoT) connectivity can exchange data with other devices and systems to reduce energy consumption, increase security and safety, and improve user experience.

Building owners and facility managers can benefit from the useful data insights that IoT-enabled lighting systems can provide by better understanding how their lighting systems are used and spotting the potential for cost-savings and further optimization. Prominent lighting manufacturers are incorporating IoT technology into lighting fixtures and fittings to provide remote user control and to manage lights in the office, work environment, and civic infrastructure. To connect and manage interior and exterior lighting, IoT technology is widely employed in homes and workplaces.

The growing number of skyscrapers across the globe is also one of the factors which are bolstering electric lighting equipment market growth. For instance, according to Council on Tall Buildings and Urban Habitat (CTBUH), there are almost 25 skyscrapers globally that are currently under construction, and which are expected to be completed by 2025.

However, government regulation for energy efficiency standards for lighting equipment is anticipated to restrain the market growth over the forecast period. For instance, according to the Environmental Protection Agency’s s Energy Star program, commercial buildings’ lighting consumes close to 35% of the electricity used in the U.S. It also affects building systems through its electrical requirements and the waste heat it produces. Thus, the companies operating in the market need to comply with the energy efficiency standards stated by the government agencies of the different nations.

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On the contrary, the technological advancement of lighting equipment is expected to provide the opportunity for growth over the forecast period. For instance, Wipro provides inSync a Human-centric lighting solution that works in harmony with the earthโ€™s natural lighting cycle and can be programmed to imitate the natural sunlight. Human-centric lighting solutions can improve concentration, safety, and efficiency in workplaces or educational environments.

The market for electric lighting equipment market analysis is anticipated to expand significantly during the forecast period owing to the rise in the number of residential and commercial construction across the globe, and the growing number of skyscrapers across the globe. Additionally, during the forecast period, electric lighting equipment is anticipated to benefit from the technological advancement of electrical illumination equipment and is expected to provide the opportunity for market growth over the forecast period. On the other hand, government regulation for energy efficiency standards for lighting equipment is anticipated to restrain the market growth over the forecast period.

On the basis of type, the market is divided into general lighting, automotive lighting, and backlighting. Based on sales channel, the market is segregated into online and offline. Based on application the market is bifurcated into residential, commercial, and others. Region-wise, the electric lighting equipment market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

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Key Findings of the Study

  1. Based on type, the general lighting segment accounted-for major share of the electric lighting equipment industry in 2022, while the automotive lighting segment is expected to witness faster growth during the forecast period.
  2. Based on sales channel, the offline segment accounted-for higher share of the electric lighting equipment market size in 2022, while the online segment is anticipated to increase faster during the forecast period.
  3. Based on application, the residential segment dominated the electric lighting equipment market share in 2022, while the commercial segment expected to expand at a faster rate during the forecast period.
  4. Based on region, Asia-Pacific accounted for the largest share of the global Electric lighting equipment Market in 2022 and is anticipated to grow faster during the forecast period.

Business Intelligence Study On How to Increase Profit Margins in Global UV-C LED Market

UV-C LED offers several advantages over the other traditional UV lamps. They are compact in size and can be easily integrated with different home appliances like air conditioners, air purifiers or even washing machines. UV-C LEDs are often adopted for portable products. Besides, they can fully operate once turned on and do not need preheating while it takes about 10 to 30 minutes for mercury lamps deliver required UV dose for disinfection. Consequently, there is a substantial attraction toward the UV-C LED market during the forecast period.

According to a new report published by Allied Market Research, titled, โ€œUV-C LED Market by Application: Global Opportunity Analysis and Industry Forecast, 2021โ€“2030,โ€ the UV-C LED market size was valued at $208.3 million in 2020, and is projected to reach at $18,941.3 million by 2030, growing at a CAGR of 59.7% during the forecast period.

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UV-C LED Market
UV-C LED Market

The UV-C LED acts as a game-changer for disinfection and purification applications. Hence, the global UV-C LED market size is expected to witness an exponential growth during the forecast period. In addition, considerable investments in developing improved devices using UV-C LED by the key players propels the market growth during the forecast period.

The key players profiled in the report include ams OSRAM, Crystal IS, Inc., Convergever Inc., Ltd., DOWA Holdings Co., Ltd, Harvatek Corporation, Heraeus Holding GmbH, High Power Lighting Corporation, IBT Group, International Light Technologies, Inc., IRTronix, Inc., Nichia Corporation, Nikkiso Co, Ltd., Nitride Semiconductor Co, Ltd., NKFG Corporation, Photon Wave Co., Ltd., Seoul Viosys Co., Ltd., Signify Holding, Stanley Electric Co, Ltd, Taoyuan Electron (HK) Limited, and Toyoda Gosei Co., Ltd. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition, to expand their foothold in the UV-C LED industry.

The key driving forces of the global UV-C LED market growth are surge in adoption for water purification and UV-C LED is highly effective for disinfection. However, thermal management of UV-C LED is a major concern of the technology and limits the market growth. Conversely, integration of UV-C LED with home appliances and consumer products is expected to create remunerative opportunities for the market growth during the forecast period. In addition, UV-C LEDs recent price cut in its unit cost price, and improving output power and reliability are some of the other factors that are driving the UV-C LED market growth substantially.

The water/air disinfection segment was the highest contributor to the market in 2020, owing to growing need to disinfect or purify water and air in order to incubate the spread of various diseases. Moreover, with the emergence of COVID-19, there is an upsurge in demand for air disinfectant devices using UV-C LEDs.

Globally, the COVID-19 pandemic outbreak had a strong impact on 2020. However, it created numerous opportunities for UV-C LED during and on the way to recovery from the pandemic. During the pandemic, UV-C LED research advanced more in a year than in the prior five. Consequently, substantial increase in investments to adopt UV-C LED was witnessed in 2020. The same trend is estimated to be followed in the next few years.

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Region wise, Asia-Pacific holds a significant share in the global UV-C LED market. This is attributed to technological advancements in manufacturing industries and rise in awareness about disinfection method using UV-C LEDs. China holds major market share, owing to the China government offering various incentives such as tax benefits, subsidies, and other support to adopt UV-C LEDs.

Key Findings of the Study

  • In 2020, the water/air disinfection segment accounted for maximum revenue, and is projected to grow at a notable CAGR of 58.4% during the forecast period.
  • The water/air disinfection and healthcare segments together attributed more than 55.0% of the global UV-C LED market share in 2020.
  • Asia-Pacific contributed a major share in the UV-C LED market, accounting for more than 45.0% share in 2020.
  • In 2020, China accounted for maximum revenue, and is projected to grow at a notable CAGR of 55.1% during the forecast period

Mobile Augmented Reality (AR) Market: An Exclusive Guide On How to Boost Sales on Overseas Markets

Mobile augmented reality (MAR) has emerged as the most popular and most convenient form of augmented reality, especially because of the proliferation of mobile devices. A type of mobile application that incorporates and complements built-in components in a mobile phone and provides a specialized application to deliver reality-based services and functions. Also, mobile AR uses location based services that give us the geographical position of the mobile device.

According to a new report published by Allied Market Research, titled, โ€œMobile Augmented Reality (AR) Market by Component, Device Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021โ€“2030โ€, the global mobile augmented reality (AR) market size was valued at $12.61 billion in 2020, and is projected to reach $184.61 billion by 2030, registering a CAGR of 31.40%. The North America region is expected to be the leading contributor to the global market during the forecast period, followed by Asia-Pacific and Europe.

The mobile augmented reality (AR) market share is expected to witness growth at the highest rate during the forecast period, owing to rapid growth of the retail industry and high usage of mobile AR in healthcare industry. Also, surge in adoption of AR technology by tourism and education sector is anticipated a huge growth for the global market.

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Mobile Augmented Reality (AR) Market
Mobile Augmented Reality (AR) Market

The key players profiled in the report include Qualcomm Inc., Microsoft Corporation, Samsung Electronics Co. Ltd., Blippar.Com Ltd., Google, Apple, Magic Leap, Groove Jones, Wikitude, and Marxent Labs. These players have adopted various strategies, such as partnership, agreement, collaboration, and product launch, to expand their foothold in mobile augmented reality (AR) industry.

Most AR capabilities have been available primarily on smartphones. The combined installed base of mobile AR devices and smart glasses could exceed two and a half billion units in coming year, creating huge opportunities for innovative AR applications. As these devices become more ubiquitous, AR will become less of a novelty technology and form a more integral part of consumersโ€™ everyday technology experience. These factors would create lucrative growth opportunities for mobile augmented reality (AR) market players.

The prominent factors that impact the mobile augmented reality (AR) market growth are high usage of Mobile AR in healthcare industry, rapid growth of the retail industry, and surge in adoption of AR technology by tourism and education sector. However, Limited user interface affecting navigation performance of AR apps restricts the market growth. On the contrary, rising adoption of AR smart glasses is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect global mobile augmented reality (AR) market growth during the forecast period.

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The global mobile augmented reality (AR) market share is segmented on the basis of component, device type, application, and region. By component, it is divided into hardware, software, and services. The hardware segment further sub segmented into 3d camera, sensors, processor, and others. By device type, it is fragmented into smartphones, tablets, personal digital assistants (PDAs), and others. Depending on application, it is separated into consumer, healthcare, enterprise, commercial, aerospace & defense, and others.

Region-wise, the mobile augmented reality (AR) market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Taiwan, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to grow at a highest CAGR during the forecast period, due to an increasing adoption of mobile AR for different applications such as healthcare, education, tourism, and e-commerce sectors. The overall mobile augmented reality (AR) market analysis is determined to understand the profitable trends to gain a stronger foothold

Key Findings of The Study

In 2020, the hardware segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 29.70% during the forecast period.

The smartphones segment accounted for more than 50% of the global mobile augmented reality (AR) market share in 2020.

The enterprise segment witness highest growth rate during the forecast period.

UK was the major shareholder in the Europe mobile augmented reality (AR) market revenue, accounting for approximately 26% share in 2020.

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Data Processing Unit Market: An Ultimate Guide to How to Grow Your business and Benefit from New Opportunities Over 2021-2031

A data processing unit (DPU) is a programmable processor that helps move data around these data centers. DPUs enable more efficient storage and free up the CPU to focus on processing. The DPU offloads networking and communication tasks from the CPU. It combines processing cores with hardware accelerator blocks and a high-performance network interface to handle data-centric workloads. This enables the DPU to make sure the right data goes to the right place in the right format quickly.

According to a new report published by Allied Market Research, titled, โ€œData Processing Unit Market by Type (ASIC-Based, FPGA-Based, SOC-Based), by Data Center Type (Colocation, Hyperscale, Edge, Others), by Application (BFSI, IT and Telecom, Government, Energy and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031โ€, the data processing unit market was valued at $553.96 million in 2021, and is estimated to reach $5.5 billion by 2031, growing at a CAGR of 26.9% from 2022 to 2031.

The data processing unit market is primarily driven by Encryption and decryption of data, IPSEC, and treat detection from edge to cloud as well as increase in the demand for data processing unit for use in wireless and networking equipment, including switches, routers, and secure gateways.

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Data Processing Unit Market
Data Processing Unit Market

Key players profiled in the report include Intel Corporation, Marvell Technology, NVIDIA Corporation (Mellanox Technologies), Kalray, Broadcom Corp, Advanced Micro Devices, Inc. (Pensando Systems Inc.), Fungible, inc. and Resnics /Yisixin Technology (Shanghai) Co., Ltd. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the market.

According to data processing unit market analysis, the FPGA-based segment was the highest contributor in the market in 2021. The colocation and hyperscale segments collectively accounted for around 76.7% market share in 2021. The outbreak of the COVID-19 has significantly impacted the growth of the data processing unit market size.

Moreover, the rapid increase in demand for DPU-based smart NICs to reduce overloads on CPU cores in data centers have driven the data processing unit market growth. The key market players profiled in the report include Intel Corporation, Marvell Technology, NVIDIA Corporation (Mellanox Technologies), Kalray, Broadcom Corp, Advanced Micro Devices, Inc. (Pensando Systems Inc.), Fungible, Inc. and Resnics /Yisixin Technology (Shanghai) Co., Ltd. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition, to expand their foothold in the data processing unit market.

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Key Findings of the Study

  • In 2021, the hyperscale segment was the major revenue contributor to the data processing unit industry, and is projected to grow at a notable CAGR of 24.94% during the forecast period.
  • The FPGA-based and SOC-based segments together accounted for around 84.5% of the data processing unit market trends in 2021.
  • The IT and telecom segment is projected to growth at a CAGR of 28.91% during the forecast period.
  • North America contributed for the major data processing unit market share, accounting for more than 39.2% share in 2021.

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Humanoid Robot Market: Global Competitiveness and Key Competitor Percentage Revenue Shares 2022-2031

The introduction of advanced features in humanoid robots is a key element that has boosted the growth of the Humanoid Robot Market. The increased usage of humanoid robots for security and surveillance applications, including the detection of terrorist activities, unauthorized intrusion, and enhanced use of AI robots in hazardous environments, are the primary forces driving the expansion of the humanoid robot market size.

According to a new report published by Allied Market Research, titled, โ€œHumanoid Robot Market by Component (Hardware, Software), by Application (Research and Space Exploration, Education and Entertainment, Personal Assistance and Caregiving, Hospitality, Search and Rescue, Others), by Motion Type (Biped, Wheel drive): Global Opportunity Analysis and Industry Forecast, 2022-2031,” the humanoid robot market was valued at $307.60 million in 2021, and is estimated to reach $609.5 million by 2031, growing at a CAGR of 7.7% from 2022 to 2031.

The report offers a comprehensive analysis of the global humanoid robot market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porterโ€™s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

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Humanoid Robot Market
Humanoid Robot Market

The market for humanoid robots is significantly restricted by the high initial cost of robots and the substantial expenditures required for R&D activities. Additionally, lack of high-level interfacing systems and unpredictable performance are estimated to challenge the manufacturers, which is expected to hinder the humanoid robot market growth.

Humanoid robots are used in commercial and retail environments to aid in customer service, display product features, and facilitate the speedy collection of consumer data such as phone numbers, email addresses, zip codes, and service reviews. The transformation of inefficient infrastructure brought about by government expenditures in R&D and the usage of humanoid robots in educational facilities to give instruction has the potential to create new market opportunities for the humanoid robot industry.

The global humanoid robot market share is segmented based on component, application, motion type, and region. By component, it is classified into hardware and software. By application, it is classified into research & space exploration, education & entertainment, personal assistance & caregiving, hospitality, search & rescue, and others. By motion type, it is classified into biped and wheel drive. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the humanoid robot market analysis report include HYULIM Robot Co., Ltd, HANSON ROBOTICS LTD, Engineered Arts Limited, Honda, KAWADA Robotics Corporation, SoftBank Robotics, Sanbot Co, ROBOTIS, Willow Garage, and Toshiba Corporation.

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Key Findings of the Study

Based on component, the hardware sub-segment accounted for a dominant market share in 2021 and software sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.

Based on application, the personal assistance and caregiving sub-segment emerged as the global leader in 2021 and education and entertainment sub-segment is predicted to show the fastest growth in the upcoming years.

Based on motion type, the wheel drive sub-segment accounted for a dominant market share in 2021 and biped sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.

Based on region, the Asia-Pacific market accounted for a dominant market share in 2021 and is predicted to be the fastest growing during the forecast period.

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Gaming Accessories Market Report Sees $14.4 Billion Market in 2030

Gaming accessories are various hardware devices like headset and joysticks that are either required to use a video game console or improve the gaming experience. According to a new report published by Allied Market Research, titled, โ€œGaming Accessories Market by Component (Headsets, Keyboard, Mice, Controller, Others), by Device Type (PC, Gaming Console), by Connectivity type (Wired, Wireless), by End Use (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2030,” the gaming accessories market size was $6.1 billion in 2021, and is estimated to reach $14.4 billion by 2030, growing at a CAGR of 9.9% from 2022 to 2030.

The interactive gaming industry’s development of new advanced platforms to reach out to gamers all over the world, the growing number of Smartphone users all over the world, the growing popularity of virtual reality leading to a high demand for virtual reality headsets, and a surge in the adoption of handheld gaming consoles and advanced graphics-based video games are all expected to see rapid growth in gaming accessories market share during the forecast period. Gaming accessories give players with a high level of comfort, allowing them to play games more efficiently, resulting in market growth.

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Gaming Accessories Market
Gaming Accessories Market

Key players operating in the gaming accessories industry include Nintendo Co., Ltd., Logitech International SA, Razer Inc., Corsair, Sennheiser, SADES Technological Corporation, Alienware, Plantronics, Google Inc., Cooler Master.

The report focuses on the global gaming accessories market analysis and gaming accessories market trends for the major products & applications, where gaming accessories are deployed. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for gaming accessories in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

The emergence of new gaming content with high graphic requirements is driving the gaming accessories market growth. Gaming on consoles is migrating to on-demand visual content, which has already begun. Furthermore, a big driver of the gaming accessories market opportunity is the dropping prices of these items. Apart from this, many

During the forecast period, the global gaming accessories market size is expected to rise at a considerable CAGR. Increased usage of smartphones and tablets, as well as fast expanding technology such as virtual reality and artificial intelligence, are fuelling market expansion, globally. Furthermore, the rise in popularity of e-sports boosts demand for gaming accessories such as improved gaming keyboards and gamepads, as well as other gaming equipment. Furthermore, as a result of the COVID-19 pandemic, people were forced to stay at home, overall gaming and internet game consumption has increased in comparison to previous eras. The gaming accessories industry is also booming as people turn to gaming to pass the time.

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The gaming accessories market share is segmented on the basis of component, device type, connectivity type, end-use and region. Based on component, the market is bifurcated into headsets, keyboard, mic, controller, and others. By device type, it is categorized into pc, and gaming consoles. By connectivity type, the market is segmented into wired and wireless. Based on end-use, the market is bifurcated into online and offline. Based on region, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings of the Study

  • By component, headsets sub-segment is predicted to have the maximum market share in the forecast period.
  • By device type, PC sub-segment is predicted to have the highest share in the forecast period.
  • By connectivity type, the wired sub-segment is expected to observe highest market share in the forecast time frame.
  • By end use, the online sub-segment is expected to observe highest market share in the forecast time frame.
  • On the basis of region, Asia-Pacific region is projected to remain the fastest-growing segment during the forecast period.

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Direct Insurance Carriers Market Demand: Insights and Analysis from Latest Research Report for Business Success

The employees of the direct insurance carrier industry primarily guarantee the insurance policies for the property, business liability, and other general risks. The direct insurance carrier policies are made for consumers to protect assets. For instance, automobile insurance will be generally sold to consumers purchasing a brand-new car for personal or corporate usage. Furthermore, as a family member or an individual makes the purchasing decision for the policy, the policies are designed for a single individual or the whole family. Moreover, direct insurance carrier consumers can prioritize price & convenience and the instant discounts & innovative features in the policy. Therefore, economically priced & modernized policies are expected to boost the direct insurance carriers market growth in the near future.

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Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Rise in consumer awareness about direct insurance carrier in developing countries, increase in insurance companies across the globe, and implementation of data analytics in direct insurance carrier are driving the growth of the market. However, increased competition in insurance sector is expected to hamper the growth of the market. Conversely, growing acceptance for the artificial intelligence & internet-of-things in the direct insurance carrier sector can be seen as an opportunity for the market investments.

The global direct insurance carriers market trends are as follows:

Growing acceptance for the artificial intelligence & Internet of Things in the direct insurance carrier:
The application & acceptation for the direct insurance carrier industry were executed on traditional approaches with the help of bookkeeping and through agents. However, with the use of analytical tools such as artificial intelligence, the insurance companies have improved the efficiency with the application process for the direct insurance carrier. In addition, it helps in avoiding consuming process and enhances digitally recording of the data for the direct insurance carrier. Moreover, the insurance companies are optimizing the prolonged period during the acceptation of the applications for the direct insurance carrier. Therefore, the growing acceptance for the artificial intelligence and internet-of-things is anticipated to foster the growth for the global direct insurance carriers market size in the near future.

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Rise in consumer awareness about direct insurance carrier in developing countries:
The direct insurance carrier is gaining popularity due to the growing awareness for the safety & security of the consumer’s assets in the developing countries. Moreover, with an increase in monetary safety related issues, various insurance employees are helping in providing a general insight to the consumers related to the direct insurance carrier industry. Furthermore, the insurance on the reintegration costs occurring by calamities offers protection to the individuals. Therefore, the rise in consumer awareness about direct insurance carrier in developing countries, will boost the growth of global direct insurance carriers market during the forecast period.

COVID-19 scenario analysis

The demand for direct insurance carrier will be extremely volatile during the COVID-19 crisis, due to which the companies have an opportunity to enhance the direct insurance carrier products & services to meet the immediate requirement of consumers.
Globalization has experienced a devastating decline in the expansion procedure, as the direct insurance carrier companies are forced to struggle from the crisis which is faced owing to the coronavirus pandemic.
The COVID-19 pandemic has impacted countries across the world, due to which majority of people consider direct insurance carrier as a basic necessity to protect from any unforeseen situations.

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Key benefits of the report:

This study presents analytical depiction of the global direct insurance carriers market share 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 market share.
The current market is quantitatively analyzed to highlight the global direct insurance carrier market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed market analysis depending on the present and future competitive intensity of the market.

Key Market Players:
Japan Post Holding Co. Ltd., State Farm General Insurance, Zurich Insurance Group, Prudential plc, Munich Re Group, Berkshire Hathaway, American International Group Inc., Assicurazioni Generali S.p.A., AXA, Allianz SE.

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

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.