A Market Place Research – Page 911

Online Banking Market to Generate $31.81 Billion by 2027, States the Report by Allied Market Research

A lead analyst at AMR has highlighted that the online banking market across Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.

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Allied Market Research published a research report on the online banking market. The findings of the report state that the global market for online banking generated $11.43 billion in 2019, and is projected to reach $31.81 billion by 2027, witnessing a CAGR of 13.6% from 2020 to 2027. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenarios for market players, investors, shareholders, and new entrants.

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“Corporate banking is expected to attain significant growth in the upcoming years, owing to a rise in the number of investors interested in the digital future. Online banking provides real-time tracking of customers’ investment portfolios while they can invest or trade online with continuous access to their funds. Therefore, this is becoming the major trend in the market.” said Pramod Borasi, Research Analyst, BFSI at Allied Market Research.

The report provides insights on drivers, restraints, and opportunities to help the market players in devising growth strategies and capitalizing on opportunities. With changing consumer demands, lifestyles, and expectations toward banking, banks are largely shifting toward digitalized banking by implementing novel technologies, which in turn has fueled the global online banking market. On the other hand, security & technical issues, privacy concerns, and transaction difficulties restrain the growth to some extent.

However, countries such as China, India, Japan, and Australia have a huge demand for the internet to avail banking services online. This factor has paved the way for creating a number of opportunities in the industry.
The report also offers a detailed scenario of the impact of the Covid-19 pandemic on the online banking market globally. It is helpful for the market players, new entrants, and investors to determine strategies as per the current scenario and improvise relevant business model for the next few years. The outbreak of the Covid-19 pandemic has heightened the demand for online banking services, as the closure of physical branches had led to a growing preference of consumers toward online platforms. At the same time, the mandatory social distancing norms have given way to the increasing adoption of electronic payment systems among consumers. This drift has continued post-pandemic too.

The report offers detailed segmentation of the global online banking market based on service type, banking type, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest-growing and largest revenue-generating segments to accomplish growth in the future.

By service type, the payments segment accounted for nearly one-third of the total market share in 2019 and is expected to dominate by the end of 2027. The wealth management segment, however, would portray the fastest CAGR of 15.7% during the forecast period.
By banking type, the retail banking segment contributed to nearly half of the global market revenue in 2019 and is anticipated to maintain the lion’s share by 2027. On the other hand, the investment banking segment would display the fastest CAGR of 15.7% from 2020 to 2027.

By region, North America held the highest share in 2019, contributing to nearly one-third of the global market. Simultaneously, Asia-Pacific would garner the fastest CAGR of 15.2% by 2027. The other two provinces analyzed through the study include LAMEA and Europe.
The global online banking market players analyzed in the report include ACI Worldwide, Inc., Capital Banking Solution, COR Financial Solutions Limited, Temenos Headquarters SA, EdgeVerve Systems Limited, Fiserv, Inc., Microsoft, Oracle, Tata Consultancy Services Limited, and CGI Inc.

About Allied Market Research:

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

Contact us:

David Correa

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United States

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Residential Real Estate Market Trends, Companies Profiles, Segments and Forecast by 2027

The Residential Real Estate Market size accounted for $8,567.4 billion in 2019, and is expected to reach $12,182.1 billion by 2027, registering a CAGR of 9.0% from 2020 to 2027. In 2019, the less than $300,000 segment dominated the residential real estate market, followed by the $300,001 to $700,000 segment.

Top Companies

Arabtec Holding, Christie’s International Real Estate, Coldwell Banker Real Estate LLC, DLF Limited, Engel & Völkers AG, Hochtief Corporation, IJM Corporation Berhad, Lennar Corporation, Pultegroup, Inc., Raubex Group Limited, Savills plc, Sotheby’s International Realty Affiliates LLC, Sun Hung Kai Properties Limited, and Vinci.

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The latest study on the global Residential Real Estate market covers a wide range of organizations from different regions. It offers comprehensive information based on market developments, competitions, and challenges faced by the industry. With this, the report also involves the key strategies followed among the market players, major market determinants, and recent trends that help the industry to expand.

The residential real estate market includes revenue generated by buying and selling of residential properties that consist of mini-flats, studio apartments, bungalows, and villas.

The residential real estate market is mainly driven by rise in urbanization in developing countries. In addition, rise in population has led to rise in demand for residential properties. Moreover, several government policies such as Golden Visa, low interest rate on loans, and affordable housing schemes also propel the market growth.

However, there is excess construction of residential properties in developed countries, which has increased the demand and supply gap and brought the residential real estate market to a saturation point. Moreover, several countries such as South Korea are planning and expanding cities such Gangnam and Gangbuk, which are anticipated to boost the market growth.

The report analyzes the residential real estate market by budget and size. On the basis of budget, the market is divided into less than $300,000, $300,001 to $700,000, $700,001 to $1,000,000, $1,000,001 to $2,000,000, and more than $2,000,000. Depending on size, it is classified into less than 50 square meters, 51 to 80 square meters, 81 to 110 square meters, 111 to 200 square meters, and more than 200 square meters.

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About Allied Market Research:

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

Contact Us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

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Robotic Drilling Equipment Market Size, Trends, Top Leading Players and Forecast by 2027

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

Top Companies

Automated Rig Technologies Ltd., Drillform Technical Services Ltd., Drillmec Inc., Epiroc AB, Herrenknecht Group, Huisman Equipment B.V., KCA Deutag Alpha Limited, Loadmaster Universal Rigs, Inc., Nabors Industries Ltd., and National Oilwell Varco, Inc.

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The Robotic drilling equipment refers to the devices that are used to spread liquids from tanks attached with nozzles. These are generally used to spread pesticides, insecticides, and herbicides to protect the quality of crops. The sprayer boom market has a security barrier and an anti-sweep system that aids in maintaining a balance between overdose and under spray of the spray solution.

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

The robotic drilling equipment market is mainly driven by rise in adoption of automation in the oil & gas industry. Automation gives better data collection, precise & accurate operations, and worker safety. In addition, there is minimum human intervention, which minimizes the probability of human errors. It also increases the efficiency of the robotic drilling machines as well as the operations carried out on onshore and offshore. However, interoperability of the control system of robotic drilling machines compromises with the data privacy and cyber security risk of the data and operations of robotic drilling machines. In addition, Halt in logistics services has led to interruption of supply chains, which, in turn, hinders the growth of the robotic drilling equipment market.

However, industries are gradually getting back on track and vaccine discovery would lead to recovery of the robotic drilling equipment market by the beginning of 2022. On the contrary, efforts made to increase the safety of workers working on oil & gas rigs on onshore and offshore have anticipated to drive the growth of the robotic drilling equipment market. Additionally, increase in exploration activities in ultra-deepwater in the Arctic region for extraction of oil & gas is anticipated to drive the robotic drilling equipment market growth during the forecast period.

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

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About Allied Market Research:

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

Contact Us:

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BIM in Construction Market Top Key Players, Trends and Growth Opportunities by 2031

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

Top Companies

Autodesk Inc., AVEVA Group, Bentley Systems, Hexagon AB, NEMETSCHEK, Oracle Corporation, Procore Technologies, Inc., Trimble, Inc., Vectorworks, Inc., and Vizerra SA.

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The global BIM in Construction market study depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue size, market extent, and growth prospects of the global BIM in Construction market in terms of value and major trends at regional level.

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

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

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

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

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

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About Allied Market Research:

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

Contact Us:

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Postpartum Hemorrhage (PPH) Devices Market Expected to Reach $1.3 Billion by 2030

postpartum hemorrhage devices market size was valued at $797.32 million in 2020, and is estimated to reach $1.3 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030.

PPH is defined as the excess amount of blood loss (more than 500 ml) after the delivery of child from vagina, uterus, cervix, and perineum. Increase in incidence of pregnancy-related complications, including multiple pregnancies, inverted uterus, large baby size, surge in risk factors, which causes PPH, including uterine atony, trauma, retained placenta, and bleeding disorders, and technological advancements in the recently approved devices drive the postpartum hemorrhage devices market growth. However, lack of trained professionals and healthcare services in developing countries hampers the market growth.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/1676

Postpartum hemorrhage devices industry is segmented on the basis of on product and region. Product segment is classified into non-pneumatic anti-shock garment, prefilled injection system, and uterine tamponade device. The uterine tamponade segment is further divided into foley catheter, condom catheter, balloon tamponade, and other. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, the UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

Region-wise, North America dominated the postpartum hemorrhage devices market in 2020, and is expected to be dominant during the forecast period, owing to rise in the PPH cases and availability of advanced healthcare facilities. However, Asia-Pacific is expected to register highest CAGR of 6.4% from 2021 to 2030, owing to increase in rate of anemia among women in the region, which, in turn, increases the risk of postpartum hemorrhage. In addition, rise in awareness about PPH complications and increase in healthcare expenditure fuel the growth of global PPH device market.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/1676
𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

The study provides an in-depth postpartum hemorrhage devices market analysis, and the current trends & future estimations to elucidate imminent investment pockets.
By product, the uterine balloon tamponade segment accounted for the largest postpartum hemorrhage devices market share in 2020.
Region-wise, North America garnered the largest revenue share in 2020. However, Asia-Pacific is anticipated to grow at the highest CAGR during the postpartum hemorrhage devices market forecast.

About Us

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

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

Contact:

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

EV Insurance Market Expected to Reach $210.4 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “EV Insurance Market,” The ev insurance market was valued at $51.4 billion in 2021, and is estimated to reach $210.4 billion by 2031, growing at a CAGR of 15.5% from 2022 to 2031.

“The EV insurance market is forecasted to grow rapidly with the integration of technology in the insurance sector. In addition, the advent of path-breaking EV technologies in the world and the willingness to share these technologies for the global good has led to low manufacturing and driving costs for the EV vehicles which will boost the EV insurance market in future“

Electric vehicle are the vehicles which are powered by an electric motor that draws electricity from a battery and is capable of being charged from an external source. With such high investment there comes risk. Therefore, most of the EV vehicle owners purchase or take the EV insurance service.

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Top impacting factors

Rise in penetration of internet & mobile devices across the world
Surge in demand for EV vehicle insurance
Enforcement of strong rules by banks and financial institutions for providing car finance
Prices of EV vehicles are expensive
Growth in demand for EV insurance policies

The electric vehicle (EV) insurance market is a rapidly growing and evolving industry. As the number of EVs on the road increases, the demand for electric car insurance is also increasing. This is due to the fact that EVs are more expensive to repair than traditional gasoline-powered vehicles. Furthermore, many insurance companies are beginning to offer specialized coverage options for EVs, such as battery replacement coverage and charging station damage coverage.

On the basis of application, the personal segment is the highest growing segment. This is attributed to the fact that the personal segment is expected to experience significant growth in the coming years, owing to surge in demand for personal EV cars among consumers and rise in the production of total units of passenger cars globally as compared to commercial vehicles.

By region, Asia Pacific attained the highest growth in 2021. This is attributed to the fact that EV insurance market possesses highest potential growth owing to rise in usage of EV vehicles. Moreover, the growth of the market is attributed to supportive government policies and regulations, increasing investments by leading automotive OEMs, and decreasing prices of batteries.

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The COVID-19 pandemic had a moderate economic impact on the EV insurance market growth. Moreover, the global EV insurance market has witnessed rise in growth after the COVID-19 pandemic, owing to the dramatically increased digital penetration. Furthermore, the rising advancements and unique identification for fast settlements, complete transactional security, and digital insurance services to the customers helps to drive the growth of the market during COVID.

Key benefits for stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the EV insurance market forecast from 2022 to 2031 to identify the prevailing EV insurance market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the EV insurance market outlook assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global EV insurance market trends, key players, market segments, application areas, and market growth strategies.

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EV Insurance Market Report Highlights

Aspects	Details
Market Size By 2031	USD 210.4 billion
Growth Rate	CAGR of 15.5%
Forecast period	2021 – 2031
Report Pages	396
Coverage	First Party Liability CoverageThird Party Liability CoverageOthers
Distribution Channel	Insurance CompaniesBanksInsurance Agents/ BrokersOthers
Vehicle Age	New VehicleUsed Vehicle
Application	PersonalCommercial
By Region	North America (U.S., Canada)Europe (UK, Germany, France, Italy, Spain, Rest of Europe)Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa)
Key Market Players	Beinsure Digital Media, Allianz SE, Allstate Insurance Company, AXA, Esure Group plc, HDFC ERGO, Progressive Casualty Insurance Company, ACKO GENERAL INSURANCE LIMITED, Lemonade, Inc., Bajaj Allianz General Insurance Company

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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.

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

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Fifth-party Logistics Market Report – Key Players, Industry Overview and Forecasts to 2035

Allied Market Research recently published a report, titled, “Fifth-Party Logistics Market by Type (Transportation, Warehousing, and Other Services) and Application (E-commerce, Traders, Logistics Company, and Others): Global Opportunity Analysis and Industry Forecast, 2025–2035.” According to the report, the global fifth-party logistics industry is anticipated to be valued at $9.21 billion in 2025, and is expected to reach $17.30 billion by 2035, growing at a CAGR of 6.5% from 2025 to 2035.

Drivers, restraints, and opportunities-

Rise in the efficiency of supply chain & management systems, expansion of the e-commerce industry, and increase in international trade drive the growth of the global fifth-party logistics market. On the other hand, government barriers for logistics companies and complex supply chain impede the market growth to some extent. However, introduction of blockchain and technological advancements are anticipated to pave the way for multiple opportunities in the industry.

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COVID-19 scenario-

Due to the outbreak of Covid-19, the government across the globe was forced to implement strict lockdowns and make social distancing compulsory to curb the spread of the virus. This resulted in a severe drop in global trade, significantly reducing demand for logistics across the globe.
Moreover, due to the nationwide lockdown, logistics service providers were obliged to partially or entirely shut down their operations, causing supply chain delays.
However, there has been rise in pharmaceutical and e-commerce sales during the pandemic, which has improved the demand for the logistics business.
The transportation segment to dominate by 2035-

By type, the transportation segment is expected to contribute to more than half of the global fifth-party logistics market share by 2025, and is anticipated to retain its dominance throughout the forecast period. This is owing to the increase in demand to construct, organize and implement multimodal transportation methods which provide optimum route planning for minimizing transportation costs. The warehousing segment, however, would showcase the fastest CAGR of 6.9% by 2035. This is due to increase in demand for automated warehousing distribution systems effective distribution.

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The e-commerce segment to hold the largest share by 2035-

Based on application, the e-commerce segment is expected to hold the lion’s share in 2025, and contribute to more than half of the global fifth-party logistics market. This segment is anticipated to continue its lead during the forecast period. However, the logistics company segment is expected to witness the highest CAGR of 6.9% by 2035. 5PL companies serve third-party logistic companies by acting as logistics aggregators, and they aggregate third-party logistics demands into bulk volumes for more favorable rates. This drives the growth of the segment. The report also includes an analysis of the traders segment.

Asia-Pacific, followed by North America, is anticipated to grow with the highest CAGR during the forecast period-

Based on region, Asia-Pacific followed by North America is anticipated to grow at the fastest CAGR of 7.4% during the forecast period. This is owing to the growth of thee-commerce industry, rise in international trade in the region. However, the market across Europe would lead the global fifth-party logistics market by contributing to more than one-third of the total market share by 2025.

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Key players in the industry-

Toll Holdings Ltd
Boston Consulting Group
Maine Pointe
DHL International
McKinsey & Company
Deloitte
Renaissance Network Reinvent
Bain and Company
5PL Logistics Solutions LLC
MGL Global Logistics

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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:

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Advanced Driver Assistance Systems (ADAS) Market: LAMEA Region to Grow at 26.8% CAGR During 2019–2026

Allied Market Research published a report, titled, “Advanced Driver Assistance Systems (ADAS) Market by System Type (Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Adaptive Cruise Control System, Blind Spot Object Detection System, Lane Departure Warning System, Adaptive Front-lighting System, and Others), Sensor Type (Image Sensor, Lidar Sensor, Ultrasonic Sensor, Infrared (IR) Sensor, Radar Sensor, and Laser), and Vehicle Type (Passenger Car, Light Commercial Vehicle, Buses, and Trucks): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global advanced driver assistance systems market was valued at $39.63 billion in 2018 and is estimated to reach $189.14 billion by 2026, registering a CAGR of 21.4% from 2019 to 2026.

High demand for safety features, stringent safety rules and regulations, and increased requirement for comfort drive the global ADAS market growth. However, high initial cost, complex structure, and lower efficiency in bad weather conditions restraint the growth of the market. On the other hand, technological advancements in advanced driver assistance system and production of multifunctional system is expected to provide growth opportunities for the market.

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Adaptive front-lighting system segment dominated in terms of revenue:

Based on system type, the adaptive front-lighting system segment accounted for the major share in 2018, contributing more than one-fifth of the total share. This is due to the ability of adaptive front lighting systems to enhance the driving experience along with improving the safety of both pedestrians as well as occupants. Contrarily, the tire pressure monitoring system (TPMS) is expected to register the highest CAGR of 28.6% from 2019 to 2026. This is attributed to the factors such as improved safety, accident avoidance, efficient fuel consumption, and others.

Radar sensor segment to continue its dominant share by 2026:

Based on sensor type, the radar sensor segment held the highest market share in terms of revenue in 2018, contributing for nearly one-third of the total share. This segment is expected to continue its dominant share during the forecast period. This is due to factors such as long range, unlimited potential to extend functions such as stop-and-go support in other applications, and excellent performance in range & angle or angle measurement. On the other hand, the infrared (IR) sensor segment would register the fastest growth rate, with a CAGR of 27.0% from 2019 to 2026. This is due to IR sensor provides night vision in vehicles, and is low in cost.

Passenger car segment to contribute highest share during the forecast period:

On the basis of vehicle type, the passenger car segment held the highest market share in terms of revenue in 2018, contributing more than three-fourths of the total share. This is due to high sale of passenger vehicles as compared to other commercial vehicles. On the other hand, the buses segment would register the fastest growth rate, with a CAGR of 31.7% from 2019 to 2026. This is due to factors such as avoidance of accidents by installation of systems such as blind spot detection, adaptive cruise control, and others.

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Europe to contribute the highest share, North America to follow:

Europe contributed nearly two-fifth of the total share in 2018, due to the factors such as high demand for comfort driving and implementation of Euro-NCAP ratings for cars.

On the other hand, North American region has contributed the second highest revenue in 2018, on the basis of region. LAMEA is estimated to grow at the highest CAGR of 26.8% from 2019 to 2026, due to supportive government mandates and improvements in the economic conditions of the region.

Leading market players:

Magna International Inc.
Continental AG
Autoliv Inc.
DENSO Corporation
ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)
NXP Semiconductors
Valeo
Panasonic Corporation
Renesas Electronics Corporation
Texas Instruments
Delphi Automotive Company
Hyundai Mobis

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

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Microcrystalline Cellulose Market to cross $1.45 Billion by 2025, pharmaceutical segment would grow at a steady rate

According to the report, the global microcrystalline cellulose market garnered $937 million in 2017 and is expected to reach $1,451 million by 2025, registering a CAGR of 5.5% from 2018 to 2025. The report offers detailed insights on the top investment pockets, drivers & opportunities, changing trends, key market segments, tope investment pockets, and competitive landscape.

Recent developments in the pharmaceutical industry, especially extensive utilization of microcrystalline cellulose as an excipient and increased demand for processed foods drive the growth of the global microcrystalline cellulose market. However, availability of substitutes for microcrystalline cellulose such as magnesium stearate and carboxymethyl cellulose (CMC) hampers the market growth. On the contrary, increased demand for microcrystalline cellulose in the emerging economies of the Asia-Pacific and Latin America, Middle East and Africa (LAMEA) regions is expected to create lucrative opportunities for the market players in the upcoming years.

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Cosmetics & personal care segment garnered more than 40% share of the market revenue in 2017 and is projected to dominate the market during the study period. However, the food & beverage segment would manifest the fastest CAGR of 6.1% during the forecast period, owing to the increased use of microcrystalline cellulose for the production of low-fat dairy products. The pharmaceutical segment would grow at a steady rate during the forecast period.

The non-wood-based segment is estimated to grow at the fastest CAGR of 6.7% through 2025, owing to the economic feasibility of non-wood-based sources as compared to other sources for obtaining microcrystalline cellulose. However, the wood-based segment held the largest share in the market in 2017, contributing about 87% of the total revenue. This is attributed to the fact that wood-derived raw materials are widely available and synthesis of microcrystalline cellulose is easier from such wood-based source.

The microcrystalline cellulose market in Europe contributed more than one-third of the total market revenue in 2017. It is expected to maintain its dominance throughout the forecast period due to high consumption of pharmaceutical products and processed foods. However, the Asia-Pacific region would register the fastest CAGR of 6.2% from 2018 to 2025, owing to increased consumption of low-fat dairy products in the region. The other regions analyzed in the report include North America and LAMEA.

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The major market players analyzed in the global microcrystalline cellulose market report include DowDuPont, FMC Corporation, Roquette, Accent Microcell Pvt. Ltd., Sigachi Industries Pvt. Ltd., Rayonier Advanced Material, Asahi Kasei Chemicals Corporation, DFE Pharma GmbH & Co.KG, JRS PHARMA GmbH & Co. KG, and Ming Tai Chemical Co. Ltd.

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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. 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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Glacial Acrylic Acid Market Share | Competitive Landscape, Growth Analysis and Forecast to 2031

According to the report published by Allied Market Research, the global glacial acrylic acid market generated $2.4 billion in 2021 and is projected to reach $3.5 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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The key players analysed in the global glacial acrylic acid market report include Arkema, BASF SE, BASF PETRONAS Chemicals Sdn. Bhd., Dow Inc, Formosa Plastics Corporation, U.S.A, Hexion Inc., LG Chem, Mitsubishi Chemical Holdings Corporation, Nippon Shokubai Co Ltd, Novomer Inc, Sanmu Group, and Shandong Kaitai Petrochemical Co., Ltd. Other players operating in the glacial acrylic acid market include Cargill, Incorporated, Novozymes, and Sasol.

The report analyzes these key players in the global glacial acrylic acid market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.

COVID-19 Scenario:

The COVID-19 pandemic had a negative impact on the growth of the global glacial acrylic acid market, owing to disruptions in the supply chain for glacial acrylic acid products.
Lockdowns resulted in temporary closure of various manufacturing facilities, including those of glacial acrylic acid and other end use industries where it is extensively used. This unfavourably impacted the supply chain of the market.
Several glacial acrylic acid production companies have also reduced or stopped their operations due to the risk of infection among the employees while also supporting the government’s goal of maintaining critical business activities such as healthcare, power generation, and food production.
However, after the pandemic, as the demand will return to normal, participants in this market are set to explore measures to minimize the pandemic’s impact on their business.

The report offers detailed segmentation of the global glacial acrylic acid industry based on application and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

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Based on application, the adhesives, coatings and sealants segment held the dominating market share in 2021, holding nearly one-third of the global market, and is expected to maintain its leadership status during the forecast period. The nappies segment, on the other hand, is expected to cite the fastest CAGR of 5.1% during the forecast period. The report also analyses other segments of the market such as adult and feminine hygiene, detergents, water treatment, and others.

Based on region, the Asia-Pacific region held the largest market share in 2021, holding more than half of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 4.2% during the forecast period. The report also analyses other regions such as North America, Europe, and LAMEA.

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

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