Bathroom Taps Market Development Trends and Strategic Plan for Positive Growth by 2030

According to a new report published by Allied Market Research, titled, the global bathroom taps market generated $17.2 billion in 2020, and is anticipated to generate $32.9 billion by 2030, witnessing a CAGR of 6.5% from 2021 to 2030. Surge in construction of malls and offices, rise in spending on home remodeling, and renovation of residential and non-residential bathrooms and toilets drive the growth of the global bathroom taps market. On the other hand, infrastructural development in African nations presents new opportunities in the coming years.

Bathroom tap is the valve that regulates flow of water in the bathroom. Bathroom taps are important components of bathrooms that are gaining popularity among both customers and producers. Smart taps are temperature sensors and efficiency sensors make it simple for every member of household to carefully regulate how much water they use in the kitchen or bathroom.

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Covid-19 Scenario

  • The outbreak of the Covid-19 pandemic led to global lockdown and temporary closure to manufacturing facilities, which hampered the growth of the global bathroom taps market.
  • Moreover, key market players altered their investment plans during the lockdown period.
  • Nevertheless, the market is going to recover by the start of 2022. Equipment and machinery producers must focus on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working.

The metal segment to maintain its leadership status throughout the forecast period

Based on material, the metal segment held the highest market share in 2020, accounting for nearly 88% of the global bathroom taps market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, this segment is projected to manifest the highest CAGR of 6.7% from 2021 to 2030. This is due to metal materials offer classic finish to taps. It fulfils the highest hygiene standards. Also, chemical acids, strong cleaning fluids, or hydrochloric compounds hardly affect this material. Another segment discussed in the report is plastic, which portray the CAGR of 4.6% from 2021 to 2030.

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The residential segment to maintain its lead position during the forecast period

Based on end user, the residential segment accounted for the largest share in 2020, contributing to nearly three-fourths of the global bathroom taps market, and is projected to maintain its lead position during the forecast period. Moreover, this segment is expected to portray the largest CAGR of 6.8% from 2021 to 2030, owing to rise in construction and infrastructure development. However, the commercial segment projected to register a CAGR of 5.5% from 2021 to 2030.

Asia-Pacific, followed by Europe and North America, to maintain its dominance by 2030

Based on region, Asia-Pacific, followed by Europe and North America, held the highest market share in terms of revenue in 2020, accounting for nearly half of the global bathroom taps market. Moreover, this region is expected to witness the fastest CAGR of 7.6% from 2021 to 2030, owing to the high investment on commercial construction projects in the region. Other regions discussed in the report include North America, Europe, and LAMEA.

Leading Market Players:-

  • CERA Sanitaryware Limited
  • Delta Faucet Company
  • Jaquar Group
  • Kohler Co.
  • LIXIL Corporation
  • MOEN Incorporated
  • MAC Faucets
  • MASCO Corporation
  • ROCA Sanitario S.A.
  • Eczacibasi Group (VITRA)

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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.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

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+1-800-792-5305,

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Radio Access Network Market Report 2022, Upcoming Trends, Demand, Regional Analysis and Forecast 2030

Allied Market Research published a report on the “Radio Access Network Market by Communication Infrastructure (Small Cell, Macro Cell, RAN Equipment, and Distributed Antenna System), Technology (2G, 3G, 4G, and 5G), and End User (Residential and Enterprise): Global Opportunity Analysis and Industry Forecast, 2019–2026”. It offers a comprehensive study of the global market size & forecast, segmental analysis, region-wise outlook, competitive landscape, market opportunities, dynamic factors that affect the market growth, and key industry trends.

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Radio access network Market Overview

The data presented in the report published by Allied Market Research is has been produced through prime interviews with top officials from prominent organizations of the respective domain. Our secondary data acquisition methodology takes in thorough online and offline research and discussion with specialized professionals in the industry.

Furthermore, the global radio access network market report involves the facts & figures of the market growth & development, an explicit study of the value chain, established case studies, and profiles of the frontrunners along with other qualitative segments. The major players in the industry are thoroughly studied based on their revenue size. The report, at the same time, delineates how these players have adopted several strategies including expansion, collaboration, joint ventures, and others to show up their flair in the sector.

The global radio access network market report includes a detailed study of major market players such as Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation along with inclusive information on their company description, market share, key developments, and financial breakdown. The competitive analysis of these companies offers a business overview along with a portfolio analysis of their services and products. These market players have adopted several business strategies such as mergers & acquisitions, joint ventures, new product launches, and collaborations to maintain their foothold in the market.

The research offers an extensive competitive scenario for various regions and countries for the global radio access network market. Regions discussed in the study include North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). These insights are valuable in determining expansion strategies, discovering growth potential, and emphasizing on opportunities in new regions. AMR also offers customization services for a specific region, country, and segment upon request.           

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COVID-19 Impact Analysis

The global radio access network market research report offers a detailed synopsis of the market on the basis of some fundamental parameters such as prime driving factors, market scope & extent, and growth trends. The report comprises a thorough analysis of the COVID-19 impact on the market.  The outbreak of the pandemic has been highly unfavorable to the growth of the majority of industries, and the radio access network market has also not been an exception in this regard. Additionally, the report also portrays the post Covid scenario of the market as mass vaccination drives across the world and ease of the rules & regulations in the majority of countries are expected to help the market recoup soon.

Prime Takeaways

  • Quantitative and qualitative analysis of the global radio access network market based on types, application, end Users, and region
  • The growth trends
  • Market opportunities
  • Regional Analysis
  • Profiles of the top ten market players
  • Exhaustive study of the drivers, restraints, and opportunities
  • Covid-19 scenario
  • Financial valuation of the portfolios of the key market players

Scope of the report

The global radio access network market report by Allied Market Research offers proper analysis of the existing niches in the sector. The widespread and all-encompassing research study provides highly relevant information along with emphasizing on the drivers, restraints, and opportunities of the market. It also intends to provide exclusive information on the latest market trends and approaches.

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Key Market Segments Includes:

By Communication Infrastructure
• Small Cell
• Macro Cell
• RAN Equipment
• DAS

By Technology
• 2G
• 3G
• 4G
• 5G

By End User
• Residential
• Enterprise

Segmental breakdown is provided in both qualitative and quantitative and aspects. This helps the clients identify the most lucrative segment to keep on with investments, based on a comprehensive backend study as regards to the segmental performance, along with brief credit of the operating organizations and their key developmental accomplishments.

Ten top players operating in the global radio access network market are also thoroughly assessed to cognize their economic strength and position in the industry along with an array of data points, which take in brief company synopsis, chief executives of the company, its recent financials, prime growth strategies incorporated by the organization, and novel strategies or ingenuities undertaken by them to heighten their stance in the global radio access network market.

Research Methodology

Most importantly, the research report also offers an explicit analysis of the clients on the basis of a wide variety of authentic inputs, which take account of secondary inquiries and primary interviews with industry participants, along with regional intelligence and reliable statistics. The in-house industry doyens also play a crucial role in conniving methodical prototypes and replicas, designed to cater to the requirements of the clients. These methodical tools tend to improve the statistics and perk up the precision of our recommendations altogether.

Key Stakeholders

  • Major Players operating in the market
  • Distributors
  • Venture Entrepreneurs
  • Suppliers
  • Governments Bodies
  • C-level Officials

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, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

Structural Insulated Panels Market Development, Opportunities, Ongoing Trends by 2030

According to the report, the global structural insulated panels market generated $458.1 million in 2020, and is estimated to generate $786.6 million by 2030, witnessing a CAGR of 5.5% from 2021 to 2030.Rise in the commercial and residential real estate markets, recovery of the construction industry, and surge in spending on home remodeling drive the growth of the global structural insulated panels market.

In addition, rapid expansion of the e-commerce industry, which demands for warehouses and distribution centers is likely to create ample of opportunities for the market. For instance, in March 2021, Amazon is building its new 1,30,000 square foot distribution center in Hollister, California.

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Covid-19 Scenario

  • Manufacturing activities of structural insulated panels halted due to lockdown implemented across many countries during the Covid-19 pandemic. In addition, supply chain disruptions and shortages of raw materials presented challenges in manufacturing.
  • Owing to stoppage or postponement of construction, renovations, and remodeling, and other activities in residential and non-residential spaces during the lockdown, the demand for structural insulated panels reduced significantly. However, the demand would grow steadily during post-lockdown as these activities get back on track.

The polystyrene panels segment to maintain its lead position in terms of revenue during the forecast period

Based on product type, the polystyrene panels segment accounted for the largest share in 2020, contributing to nearly half of the global structural insulated panels market, and is estimated to maintain its lead position in terms of revenue during the forecast period. Moreover, this segment is expected to manifest the highest CAGR of 5.9% from 2021 to 2030. This is attributed to its characteristics such as inexpensive nature, a relatively low melting point, superior shock-absorbing nature, enhanced thermal & noise insulation, and high strength to weight ratio. The research also analyzes the segments including polyurethane panels & polyisocyanurate panels, glass wool, and others.

The residential segment to continue its leadership status during the forecast period

Based on end user, the residential segment held the highest share in 2020, accounting for more than two-thirds of the global structural insulated panels market, and is projected to continue its leadership status during the forecast period. Moreover, this segment is estimated to register the fastest CAGR of 5.7% from 2021 to 2030. This is due to new product developments such as fiber cement, gypsum wallboard, and light gauge metal panels, rise in investments in the real estate sector, increase in popularity of eco-friendly roofing technologies, and trend of building renovations & remodeling. The research also analyzes the non-residential segment.

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North America to maintain its dominant share in terms of revenue by 2030

Based on region, North America contributed to the highest market share in 2020, holding more than two-fifths of the global structural insulated panels market, and is projected to maintain its dominant share in terms of revenue by 2030. This is due to adoption of exterior structural insulated panels for their scratch-resistant and waterproof properties that offer prolonged durability with lightweight. However, Asia-Pacific is expected to witness the largest CAGR of 6.2% during the forecast period, owing to surge in installation in the commercial and residential sectors in the region.

Leading market players

  • Owens Corning
  • PFB Corporation
  • Premier Building System
  • Rautaruukki Corporation
  • T. Clear Corporation
  • ACME Panels
  • American Insulated Panel
  • Extreme Panel Technologies, Inc.
  • InGreen Systems
  • Kingspan Group PLC.

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Sanitary Ware Market In United State Projected to Reach $5.68 Bn by 2025

According to the report published by Allied Market Research, the US sanitary ware market held a revenue of $4.16 billion in 2017 and is likely to garner $5.68 billion by 2025, thereby growing at a CAGR of 4% from 2018 to 2025. The report provides an in-depth analysis of the key winning strategies, drivers & opportunities, market share, key segments, and competitive landscape.

Growing trend of concept bathrooms, increase in bathroom boutiques, surge in home sales, and growth in online retail are the factors that propel the growth of the U.S. sanitary ware market. However, environmental issues along with stringent regulations restrain the growth of the market. On the other hand, opportunities to expand business on online platforms are likely to offer opportunities for the growth of the market.

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Based on product types, the toilet sinks/water closets segment held over one-third of the market share in 2017 and is likely to maintain its dominance through 2025. This is due to high unit prices and maximum volume sales. Nonetheless, the pedestals segment would grow at the fastest CAGR of 5.2% during the forecast period, 2018 – 2025.

Based on materials, the ceramics segment was the largest market in 2017, capturing more than three-fourths of the market share. It would maintain its dominance through 2025 and also grow at the fastest CAGR of 4.4% through the forecast period. This is due to the versatility and pleasant appearance of ceramic, making it the most popular material used by manufacturers to manufacture high-quality sanitary fittings.

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Among distribution channels, the wholesale distribution segment held 76.5% of the market share in 2017 and would maintain its dominance through 2025. This is due to low product prices, capabilities to provide sanitary ware in bulk volumes and lower lead time. However, the retail distribution segment would grow at the fastest CAGR of 5.3% through 2025.

The key market players analyzed in the report include Geberit AG, LIXIL Group Corporation, Jaquar Group, HSIL Limited, LAUFEN Bathrooms AG, CERA Sanitaryware Limited, Corona, Kohler Co., TOTO Ltd., Lecico Egypt, Masco Corporation (Delta Faucet Company), Elkay Manufacturing Company, Fortune Brands Home & Security, Inc., Villeroy & Boch, Duravit AG, and USCT Bath.

About Us

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

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. 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.

At a Booming 7.2% Growth Rate: Europe Travel Retail Market Generating Revenue of $39.60 billion by 2025

According to a new report published by Allied Market Research titled,” Europe Travel Retail Market by Product and Channel: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the Europe travel retail market size was valued at $23.03 billion in 2017, and is projected to reach $39.60 billion by 2025, growing at a CAGR of 7.2% from 2018 to 2025. The perfumes & cosmetics segment has a strong customer base in the Europe travel retail market. Some of the leading companies, such as Estee Lauder, L’Oréal, Rituals Cosmetics, Revlon, and others, are expanding their businesses by opening their outlets at every international airport with exclusive and wide range of fragrances and skin care products. Billions of people travel internationally every year, and thus, spend money and time at the airports. The travelers get a lot of free time at the airport to browse and buy products. In addition, travel retail creates more visibility for their products, which draws the attention of new customers in different countries and increases brand loyalty of existing customers.

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Development of the travel & tourism industry, rapid urbanization, and changes in lifestyle, owing to increased disposable income of consumers drive the growth of the travel retail market. However, stringent regulations in airport retailing are expected to hamper the Europe travel retail market growth.

The wines & spirits segment is the second largest revenue contributor in the Europe travel retail market. The consumption of wines, particularly luxury wines and spirits has witnessed considerable growth in the past few years. The wines & spirits segment, accounted for 16.3% share of the Europe travel retail market.

In addition, it has been observed that luxury wines & spirits are highly preferred by the international passengers, which leads to the growth of the Europe travel retail industry. Passengers travelling over distances mostly prefer wines & spirits. Also, growth in culture of owning luxurious goods and consumption of expensive wines & spirits drive the growth of the market.

Improvement in economic condition and growth in disposable income are the two key factors that propel the growth of the travel retail market. After the 2009 economic crisis in Europe, the world economy witnessed a standstill. However, strong recovery from the crisis resulted in notable economic growth, and has led to an increase in disposable income among the middle-income groups.

Furthermore, Europe is one of the largest travel retail markets, owing to its stronger base of luxury products. It is anticipated to experience notable growth at a CAGR of 7.2% during the forecast period. The region possesses some of the biggest apparels and cosmetics brands, namely, LVMH from France and H&M from Sweden, which hold a significant share in the luxury apparels, perfumes, and cosmetics sector, thereby making it one of the leading travel retail market. Wealthy tourists from the Middle East, China, the U.S., and Russia contribute significantly toward the growth of the European travel retail market. Being the historical home to most of the luxury houses, Europe’s market accounts for nearly $23 billion of the travel retail sector.

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Key Findings of the Europe Travel Retail Market:

Based on country, the UK was the highest contributor to the Europe travel retail market in 2017, growing at a CAGR of 7.6% from 2018 to 2025.
Based on product, the perfumes & cosmetics segment accounted for nearly one-third share of the market in the Europe travel retail market in 2017, and is estimated to grow at a CAGR of 6.9% from 2018 to 2025.
The luxury goods segment is expected to experience growth at a CAGR of 9.5% during the forecast period.
Based on channel, the airports segment accounted for more than half share of the market in 2017, and is estimated to grow at CAGR of 7.2%.
Based on country, Germany accounted for a prominent market share in 2017, and is anticipated to grow at the highest CAGR of 10.8%.
The report offers a comprehensive analysis of the key players such as Autogrill S.p.A., daa Plc., Dufry AG, Flemingo International Ltd., Gebr. Heinemann SE & Co. KG, Lagardère SCA, LVMH Group, RegStaer, TRE³, and WH Smith PLC.

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.

U.S. Airborne LiDAR Market Maximum Benefit and Growth Potential of Key Players 2028: 3D Laser Mapping, Faro Technologies

Allied Market Research published a report on the “U.S. Airborne LiDAR Market By Component (Lasers, Inertial Navigation Systems, Cameras, GPS/GNSS Receivers, Microelectromechanical Systems, and Others), Application (Corridor Mapping, Seismology, Exploration and Detection, and Others), and End User (Aerospace and Defense, Civil Engineering, Forestry and Agriculture, Transportation and Logistics, Archaeology, and Mining Industry): U.S. Opportunity Analysis and Industry Forecast, 2021–2030”. It offers a comprehensive study of the market size & forecast, segmental analysis, region-wise outlook, competitive landscape, market opportunities, dynamic factors that affect the market growth, and key industry trends.

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U.S. airborne LiDAR Market Overview

The data presented in the report published by Allied Market Research is has been produced through prime interviews with top officials from prominent organizations of the respective domain. Our secondary data acquisition methodology takes in thorough online and offline research and discussion with specialized professionals in the industry.

Furthermore, the U.S. airborne LiDAR market report involves the facts & figures of the market growth & development, an explicit study of the value chain, established case studies, and profiles of the frontrunners along with other qualitative segments. The major players in the industry are thoroughly studied based on their revenue size. The report, at the same time, delineates how these players have adopted several strategies including expansion, collaboration, joint ventures, and others to show up their flair in the sector.

The U.S. airborne LiDAR market report includes a detailed study of major market players such as 3D Laser Mapping (GeoSLAM), Faro Technologies Inc., Firmatek LLC, Leica Geosystems Inc. (Hexagon), Leosphere SaS (Vaisala), Raymetrics S.A., RIEGL Laser Measurement Systems GmbH, Saab, SAM LLC, and Teledyne Technologies  along with inclusive information on their company description, market share, key developments, and financial breakdown. The competitive analysis of these companies offers a business overview along with a portfolio analysis of their services and products. These market players have adopted several business strategies such as mergers & acquisitions, joint ventures, new product launches, and collaborations to maintain their foothold in the market.

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COVID-19 Impact Analysis

The U.S. airborne LiDAR market research report offers a detailed synopsis of the market on the basis of some fundamental parameters such as prime driving factors, market scope & extent, and growth trends. The report comprises a thorough analysis of the COVID-19 impact on the market.  The outbreak of the pandemic has been highly unfavorable to the growth of the majority of industries, and the U.S. airborne LiDAR market has also not been an exception in this regard. Additionally, the report also portrays the post Covid scenario of the market as mass vaccination drives across the world and ease of the rules & regulations in the majority of countries are expected to help the market recoup soon.

Prime Takeaways

  • Quantitative and qualitative analysis of the U.S. airborne LiDAR market based on types, application, end Users, and region
  • The growth trends
  • Market opportunities
  • Regional Analysis
  • Profiles of the top ten market players
  • Exhaustive study of the drivers, restraints, and opportunities
  • Covid-19 scenario
  • Financial valuation of the portfolios of the key market players

Scope of the report

The U.S. airborne LiDAR market report by Allied Market Research offers proper analysis of the existing niches in the sector. The widespread and all-encompassing research study provides highly relevant information along with emphasizing on the drivers, restraints, and opportunities of the market. It also intends to provide exclusive information on the latest market trends and approaches.

Pre-Book Now with 10% Discount @ https://www.alliedmarketresearch.com/purchase-enquiry/1755

Key Market Segments Includes:

  • By Component
    • Lasers
    • Inertial Navigation Systems
    • Cameras
    • GPS/GNSS Receivers
    • Microelectromechanical Systems
    • Others
  • By Application
    • Corridor Mapping
    • Seismology
    • Exploration and Detection
    • Others
  • By End User
    • Aerospace and Defense
    • Civil Engineering
    • Forestry and Agriculture
    • Transportation and Logistics
    • Archaeology
    • Mining Industry

Segmental breakdown is provided in both qualitative and quantitative and aspects. This helps the clients identify the most lucrative segment to keep on with investments, based on a comprehensive backend study as regards to the segmental performance, along with brief credit of the operating organizations and their key developmental accomplishments.

Ten top players operating in the U.S. airborne LiDAR market are also thoroughly assessed to cognize their economic strength and position in the industry along with an array of data points, which take in brief company synopsis, chief executives of the company, its recent financials, prime growth strategies incorporated by the organization, and novel strategies or ingenuities undertaken by them to heighten their stance in the U.S. airborne LiDAR market.

Research Methodology

Most importantly, the research report also offers an explicit analysis of the clients on the basis of a wide variety of authentic inputs, which take account of secondary inquiries and primary interviews with industry participants, along with regional intelligence and reliable statistics. The in-house industry doyens also play a crucial role in conniving methodical prototypes and replicas, designed to cater to the requirements of the clients. These methodical tools tend to improve the statistics and perk up the precision of our recommendations altogether.

Key Stakeholders

  • Major Players operating in the market
  • Distributors
  • Venture Entrepreneurs
  • Suppliers
  • Governments Bodies
  • C-level Officials

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, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

Retail Bubble Tea Kits Market share to grow at a CAGR of 9.9% from 2021 to 2030

The retail bubble tea kits market size was valued at $47,224.4 thousand in 2020, and is estimated to reach $133,554.4 thousand by 2030, registering a CAGR of 9.9% from 2021 to 2030.

Bubble tea, popularly known as boba tea, is a Taiwanese drink invented in Tainan and Taichung in the 1980s. It is prepared with tea or milk as the base component. This tea is glazed with boba, which are soft, chewy, and gummy tapioca pearls extracted from cassava root. Other ingredients, such as jelly and fruit balls, are used to enhance the texture of the tea. Bubble tea kit is considered as an assortment of individual components of bubble tea sold as a single unit. The components of the bubble tea kit include flavor, creamer, sweetener, liquid, and tapioca pearls.

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The global bubble tea kits market has witnessed significant growth in past few years, and is expected to grow at a steady pace during the forecast period. This can be attributed to growing health awareness and rise in product launches of food & beverages in the category of do-it-yourself (DIY). Availability of bubble tea kits at lower prices as compares to on-trade bubble tea and introduction of additional healthy ingredients in it by different market players drive the global bubble tea kits market growth. Furthermore, players in the market provide pack of various flavors in single bubble tea kit, which is expected to favor growth of the market.

Consumers across the globe have become very conscious about their health and body image. They are looking for viable alternatives to unhealthy food & beverages. Bubble tea is a healthy beverage with a number of benefits such as it helps to protect the body against free radicals that cause cellular damage. It is also available in different tastes and is quite a novel drink outside Southeast Asian countries, which boosts its attractiveness as a product.

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Furthermore, Most of the people are working from home due to pandemic. After pandemic, most of the companies are trying to adopt hybrid work culture in their organizations. People are going for convenient options to make their own beverages at home, which is expected to increase the demand for bubble tea kits during the forecast period.

However, availability of substitute products in cost-effective prices and rise in trend of coffee consumption are expected to restrict the market growth. Furthermore, some cafes and restaurants provide bubble tea delivery at home, which hampers growth of the bubble tea kits market.

The outbreak of the pandemic has positively affected the global retail bubble tea kits market as cafes and restaurants were temporarily closed during the lockdown period and people choose to buy bubble tea kits to make their boba tea home.

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The retail bubble tea kits market is segmented on the basis of base ingredient, flavor, component, distribution channel, and region. On the basis of base ingredient, the market is categorized into black tea, green tea, oolong tea, and white tea. On the basis of flavor, it is segmented into original flavor, coffee flavor, fruit flavor, chocolate flavor, and others. By component, it is segregated into flavor, creamer, sweetener, liquid, tapioca pearls, and others. On the basis of distribution channel, it is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey, and rest of LAMEA).

Players operating in the global retail bubble tea kits industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include ORBITEL INTERNATIONAL, BUBBLE TEA HOUSE COMPANY, Boba Barista, Locca Bubble Tea, Bubble Tea Supply, THE TEASHED, The Bubble Tea Club, Buddha Bubbles Boba, BOBA CHiC, and Bek Foods.

KEY FINDINGS OF THE STUDY

The retail bubble tea kits market size was valued at $47,224.4 thousand in 2020, and is estimated to reach $133,554.4 thousand by 2030, registering a CAGR of 9.9% from 2021 to 2030.
In 2020, by base ingredient, the black tea segment is estimated to witness the significant growth, registering a CAGR of 9.3% during the forecast period.
In 2020, depending on flavor, the coffee flavor segment was valued at $29,391.3 thousand, accounting for 5.3% of the global retail bubble tea kits market share.
In 2020, by component, the sweetener segment is estimated to witness significant growth, registering a CAGR of 9.9% during the forecast period.
In 2020, depending on distribution channel, the convenience stores segment was valued at $9,398.5 thousand, accounting for 19.9% of the global retail bubble tea kits market share.

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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 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.

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.

At 9.1% CAGR, Smart Shoes Market size to hit $223.4 Million

According to the report published by Allied Market Research, the global smart shoes market accounted for $115.3 million in 2018 and is projected to garner $223.4 million by 2026, growing at a CAGR of 9.1% from 2019 to 2026.

Rise in demand for wearable products, advent of smart shoes for elderly people, emphasis on performance enhancement programs, and rise in demand from the healthcare sector are the major drivers for the growth of the global smart shoes market. However, lower product penetration in untapped markets and high marginal price of the products hamper the market growth. On the contrary, rise in social media marketing and surge in the millennial populations are expected to create lucrative opportunities in the near future.

The smart shoes industry has been evolving in terms of its key features and specifications. Manufacturers focus on key innovations that cater to the requirements of its target customers. For instance, Nike, one of the key players in the shoe market, launched innovative self-lacing HyperAdapt 1.0 Shoe that come with pressure sensors in the soles that sense and triggers an algorithm that allows automatic lacing. In 2018, Under Armour launched two new sets of smart shoes that have inbuilt sensors that help maintain a record of the data required by the runners.

There is an increase in the awareness for health and wellness among most of the people residing in the developed as well as the developing countries around the globe. . This has led customer to indulge in various types of physical activities, such as jogging, running, and other sports activities. Among these health-conscious consumers, there are a set of customers that have taken their health enhancement process to the next level by indulging into performance enhancement programs. They keep a track of their performance and health on daily basis. This results in demand for various types of wearable products that help track their performance, such as distance covered along with the data for calorie or fat loss after every workout. Smart shoes are one such products that gain traction among fitness enthusiasts.

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The global smart shoes market is segmented on the basis of type, end user, distribution channel, and geography. Based on type, the market is divided into smart walking shoes, smart running shoes, and smart sports shoes. The smart running shoe segment dominated the market in 2018, contributing more than two-fifths of the market. However, the smart sports shoe segment is expected to manifest the fastest CAGR of 10.4% during the forecast period.

On the basis of distributing channel, the market is bifurcated into supermarket/hypermarket, specialty store, and online store. The supermarket/hypermarket segment is expected to portray the fastest CAGR of 9.6% during the study period. However, the specialty store segment held the lion’s share in 2018, accounting for more than two-fifths of the market. However, the supermarket/hypermarket segment is anticipated to manifest the fastest CAGR of 9.6% through 2026, as consumers can access niche products available in the market.

The global smart shoes market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America share in 2018, accounting for more than two-fifths of the market, due to inclination of people to opt for wearable devices in the region. However, the market across the Asia-Pacific region is projected to register the fastest CAGR of 10.6% through 2026.

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The report provides an in-depth analysis of the major market players such as Adidas AG, Digitsole, Nike Inc., Puma SE, Salted Venture, TRAQshoe, Under Armour Inc., Xiaomi Corporation, Vivobarefoot Limited, and Zhor-Tech.

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 domains.

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.

Medical Robotics Surgery Market Register Robust Growth Rate During 2022 – 2028

Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, “The rehabilitation robotics and hospital & pharmacy robotics segments collectively accounted for around one-third of the market share in 2015, and is projected to maintain dominance throughout the forecast period. The growth of this market was majorly attributed to the shifting trends from wheelchair to robotic rehabilitation therapy, growing focus on hospital infrastructure improvisation, and increasing healthcare expenditure. Likewise, the use of hospital and pharmacy robotics have led to cost-cutting in hospital expenditure and reduction in cases of hospital-acquired infection, which further supplements the adoption of hospital and pharmacy automation robots.”

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The surgical robotics segment was the highest revenue-generating segment, accounting for nearly half of the market share in 2021, and is expected to maintain its dominance throughout the forecast period.

The rehabilitation robotics and hospital & pharmacy robotics segments collectively accounted for around one-third of the market share in 2015, and is projected to maintain dominance throughout the forecast period. The growth of this market was majorly attributed to the shifting trend from wheelchair to robotic rehabilitation therapy, growing focus on hospital infrastructure improvisation, and increasing healthcare expenditure. Likewise, the use of hospital and pharmacy robotics have led to cost-cutting in hospital expenditure and reduction in cases of hospital-acquired infection, which further supplements the adoption of hospital and pharmacy automation robots.

North America is anticipated to remain the highest revenue-generating region, owing to widespread adoption of surgical robotics along with the non-invasive robotic radio surgical solutions. The growth of medical robotics and computer assisted surgery market in Europe is primarily characterized by the increase in geriatric & amputee population, high incidence of chronic diseases, and growing investment on hospital infrastructure. Moreover, the Asia-Pacific region is expected to grow rapidly because of the increasing healthcare expenditure, growing awareness of advanced robotic solutions for several health conditions, and increase in disposable income.

The key companies profiled include Intuitive Surgical, Inc., Blue Belt Technologies Ltd., Think Surgical, Inc., Hansen Medical, Inc., MAKO Surgical Corp., Renishaw plc., Stanmore Implants Worldwide, Ltd., Mazor Robotics Ltd., ReWalk Robotics, Smith & Nephew, Ekso Bionics, Hocoma AG, Titan Medical Inc., and Hitachi Medical Systems.

Key Findings: 

  • The rehabilitation robotics market is projected to register the highest CAGR of 20.8% during forecast period.
  • In surgical robotics, the accessories segment is expected to maintain its market foothold.
  • In 2021, prosthetics was the highest revenue-generating segment, whereas exoskeleton is projected to be the fastest growing segment in the rehabilitation robotics market during the forecast period.
  • The medication-dispensing robotics segment generated the highest revenue, which accounted for over half of the hospital and pharmacy robotics market share in 2021.
  • In 2015, gynecology and urology surgery segments collectively accounted for about half of the surgical robotics market.
  • Asia-Pacific is likely to be the fastest growing market, growing at a CAGR of 16.5% from 2021 to 2028.
  • In 2021, North America and Europe collectively accounted for around three-fourths of the world medical robotics and computer-assisted surgery market revenue.

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About Allied Market Research:

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

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Body Dryer Market Size to Reach $3,424.0Thousand by 2026: AMR

According to the report published by Allied Market Research, the global body dryer market is estimated to reach $3,424.0thousand by 2026, registering a CAGR of 3.4% from 2019 to 2026.The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Growing population on ageing people and increase in consumer awareness regarding hygiene & health across the globe drive the growth of the global body dryer market. However, high cost associated with the body is anticipated to restrain the market growth. Furthermore, technological advancements and growing popularity is expected to provide new growth opportunities during the forecast period.

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Covid-19 scenario:

Major body dryer manufacturers across the globe have halted their production activities due to disrupted supply chain amid lockdown during the Covid-19 pandemic.
According to a research conducted by the World Economic Forum, drying hands is as important as washing them to avoid transmission of Covid-19 as transmission of is more likely to occur from wet skin. Due to this, the demand for body dryer is anticipated to surge during the Covid-19 pandemic.
The report offers a detailed segmentation of the global body dryer market based on-type, end-use, and region.

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Based on type, the wall-mounted segment contributed to the largest share in 2018, accounting for more than three-fourths of the total share, and is estimated to maintain its dominant position during the forecast period. In addition, it is estimated to portray the highest CAGR of 3.7% during the forecast period.

Based on end-use, the commercial segment accounted for the largest share in 2018, holding more than 90%of the total share, and is expected to maintain the largest share throughout the forecast period. However, the residential segment is expected to register the highest CAGR of 4.4% from 2019 to 2026.

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Based on region, North America contributed the highest share, accounting for more than two-fifths of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 5.4% from 2019 to 2026.

Leading market players analyzed in the research include Dolphy India Private Limited, Avant Innovations, Haystack Dryers, Full Body Dryer LLC, Kingkraft, Indiegogo, Inc., Regal Care Shower Trays Ltd., Orchids International, Valiryo, and Tornado Body Dryer, LLC.

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.

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.