IMARC Group has recently released a new research study titled “360-Degree Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the 360-degree camera market?

The global 360-degree camera market size reached US$ 1,072.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 4,343.0 Million by 2028, exhibiting a growth rate (CAGR) of 25.66% during 2023-2028.

What is 360-degree camera?

A 360-degree camera is a specialized imaging device that captures a complete panoramic view of its surroundings, encompassing a full circle in all directions. These cameras are equipped with multiple lenses and sensors strategically positioned to capture every angle simultaneously, resulting in a seamless, immersive visual experience. Their primary characteristic is the ability to eliminate blind spots, providing a comprehensive field of view for a wide range of applications.

Key features of 360-degree cameras include high-resolution image and video capture, real-time stitching of images to create panoramic shots, and compatibility with various platforms for seamless sharing and viewing. They are often used in industries like virtual reality, surveillance, tourism, and entertainment, offering users the opportunity to explore environments from every angle. In addition, some advanced models offer live streaming capabilities, making them invaluable tools for broadcasting events and creating engaging, interactive content.

Request to Get the Sample Report: https://www.imarcgroup.com/360-degree-camera-market/requestsample

360-Degree Camera Market Growth Factors and Trends:

The surge in demand for advanced imaging solutions is a major force propelling the growth of the 360-degree camera market globally. Furthermore, the versatility of 360-degree cameras, which are ideal for various applications including surveillance, virtual tours, and entertainment, is significantly amplifying the market's expansion. In addition to this, advancements in lens technology and image processing algorithms have led to the production of higher-quality 360-degree cameras, offering superior image clarity and immersive experience, thus fueling market growth.

Moreover, the increasing focus on providing more engaging content in fields such as tourism and real estate is facilitating the adoption of 360-degree cameras. The proliferation of online platforms specializing in photography and video equipment has also made 360-degree cameras more accessible to a global customer base, positively impacting market growth. Other influencing factors include growing public awareness of the advantages of immersive imaging and legislative support promoting advanced imaging technologies.

Who are the key players operating in the industry?

The report covers the major market players including: 

360-Degree Camera Companies: 

• 360fly
• Bubl Technology Inc.
• Gopro Inc.
• Insta360
• Kodak
• LG Electronics
• Nikon
• Nokia Corporation 
• Panono
• Ricoh Company Ltd.
• Rylo
• Samsung Electronics
• Sony 
• Xiaomi 

Ask an Analyst: https://www.imarcgroup.com/request?type=report&id=1904&flag=C

360-Degree Camera Market Segmentation:

The report has segmented the market into the following categories:

Breakup by Connectivity Type:

• Wired
• Wireless

Breakup by Resolution:

• HD
• UHD

Breakup by Camera Type:

• Single
• Professional

Breakup by Vertical:

• Media & Entertainment
• Consumer
• Military & Defense
• Travel & Tourism
• Automotive
• Commercial
• Healthcare
• Others

Breakup by Application:

• Traffic-Monitoring
• Grid Layout
• Aerial Scenery
• Others

Breakup by Distribution Channel:

• Online Stores
• Single-Brand Stores
• Multi-Brand Stores

Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “United States Paper Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the United States paper packaging market? 

The United States paper packaging market size reached US$ 79.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 91.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.2% during 2023-2028.

What is paper packaging?

Paper packaging is a sustainable and versatile solution used to protect, preserve, and transport a wide array of products. It is made from renewable materials, such as pulp and recycled paper and is an environmentally friendly alternative to other forms of packaging like plastic and metal. Paper packaging comes in various forms, including corrugated boxes, cartons, paper bags, wrapping papers, and more. It is designed for both durability and ease of use and serves as an essential component across multiple industries including food and beverage (F&B), healthcare, cosmetics, and e-commerce.

Request to Get the Sample Report: https://www.imarcgroup.com/united-states-paper-packaging-market/requestsample

United States Paper Packaging Market Growth Drivers and Trends: 

The increasing awareness and demand for sustainable and eco-friendly packaging solutions are driving market growth in the United States. In addition to this, the expansion of e-commerce which is accelerated by the digital transformation and changes in consumer behavior particularly during the pandemic, is further propelling the need for paper packaging across the United States.

Moreover, innovations in lightweight and durable paper materials are expanding their applications in sectors, such as healthcare and food services, where safety and hygiene are paramount. Furthermore, technological advancements in printing and labeling are also allowing for enhanced branding opportunities, strengthening the value proposition of paper packaging solutions thus impelling the market growth.

Besides this, increasing consumer willingness to pay a premium for sustainable packaging bodes well for the continued growth and diversification of the paper packaging industry in the United States.

Explore Full Report Description At: https://www.imarcgroup.com/united-states-paper-packaging-market

United States Paper Packaging Market Segmentation:

The report has segmented the United States paper packaging market on the basis of product type, grade, packaging level, end use industry and region.

Breakup by Product Type:

• Corrugated Boxes
• Folding Boxes and Cases
• Liquid Paperboard Cartons
• Paper Bags and Sacks
• Others

Breakup by Grade:

• Solid Bleached
• Coated Recycled
• Uncoated Recycled
• Others

Breakup by Packaging Level:

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging

Breakup by End Use Industry:

• Food
• Beverages
• Personal Care and Home Care
• Healthcare
• Others

Breakup by Region:

• Northeast
• Midwest
• South
• West

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=3328&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group’s report titled “Steel Ball Manufacturing Plant Project Report 2023: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue” provides a comprehensive guide for establishing a steel ball manufacturing plant cost. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more.

In addition to the operational aspects, the report also provides in-depth insights into steel ball manufacturing process, project economics, encompassing vital aspects such as capital investments, project funding, operating expenses, income and expenditure projections, fixed and variable costs, direct and indirect expenses, expected ROI, net present value (NPV), profit and loss account, and thorough financial analysis, among other crucial metrics. With this comprehensive roadmap, entrepreneurs and stakeholders can make informed decisions and venture into a successful steel ball manufacturing unit.

Request For a Sample Report: https://www.imarcgroup.com/steel-ball-manufacturing-plant-project-report/requestsample

Customization Available:

• Plant Location
• Plant Capacity
• Machinery- Automatic/ Semi-automatic/ Manual
• List of Machinery Provider

Steel balls, also known as steel spheres or bearing balls, are spherical objects made from various grades of steel. These precision-engineered balls are widely used in numerous industries for a range of applications. Their uniform shape, high hardness, and excellent durability make them ideal for use in bearings, valves, automotive components, grinding media, and various mechanical systems. Steel balls are manufactured through a meticulous process that involves forging, heat treatment, and precision grinding to achieve the desired specifications. With their exceptional strength, low friction, and resistance to wear and corrosion, steel balls contribute to the smooth operation, efficiency, and reliability of countless machinery and equipment across diverse industries.

The market for steel balls is driven by several key factors and evolving trends that shape its growth and development. Firstly, the expanding industrial sector, including automotive, aerospace, and manufacturing, fuels the demand for steel balls. These industries rely heavily on bearings, valves, and other mechanical systems that require steel balls for smooth operation and precise motion control. Additionally, manufacturers and end-users seek high-quality steel balls that offer superior hardness, durability, and dimensional accuracy to ensure reliable performance and extended service life. Moreover, the increasing demand for energy-efficient solutions and the pursuit of reduced friction and wear in mechanical systems contribute to the market growth. Furthermore, technological advancements, including improved manufacturing processes and material innovations, influence the market. These advancements allow for the production of steel balls with higher precision, tighter tolerances, and tailored properties to meet the specific requirements of different industries and applications. Lastly, the trend towards miniaturization and the demand for smaller-sized steel balls for high-precision applications, such as medical devices and electronics, further drives the market.

Key Insights Covered the Steel Ball Plant Report

Market Coverage:

• Market Trends
• Market Breakup by Segment
• Market Breakup by Region
• Price Analysis
• Impact of COVID-19
• Market Forecast 

Key Aspects Required for Setting Up a Steel Ball Plant

Detailed Process Flow:

• Product Overview
• Unit Operations Involved
• Mass Balance and Raw Material Requirements
• Quality Assurance Criteria
• Technical Tests

Project Details, Requirements and Costs Involved:

• Land, Location and Site Development
• Plant Layout
• Machinery Requirements and Costs
• Raw Material Requirements and Costs
• Packaging Requirements and Costs
• Transportation Requirements and Costs
• Utility Requirements and Costs
• Human Resource Requirements and Costs

Project Economics:

• Capital Investments
• Operating Costs
• Expenditure Projections
• Revenue Projections
• Taxation and Depreciation
• Profit Projections
• Financial Analysis

Key Questions Addressed in This Report:   

• How has the steel ball market performed so far and how will it perform in the coming years?
• What is the market segmentation of the global steel ball market?
• What is the regional breakup of the global steel ball market?
• What are the price trends of various feedstocks in the steel ball industry?
• What is the structure of the steel ball industry and who are the key players?
• What are the various unit operations involved in a steel ball manufacturing plant?
• What is the total size of land required for setting up a steel ball manufacturing plant?
• What is the layout of a steel ball manufacturing plant?
• What are the machinery requirements for setting up a steel ball manufacturing plant?
• What are the raw material requirements for setting up a steel ball manufacturing plant?
• What are the packaging requirements for setting up a steel ball manufacturing plant?
• What are the transportation requirements for setting up a steel ball manufacturing plant?
• What are the utility requirements for setting up a steel ball manufacturing plant?
• What are the human resource requirements for setting up a steel ball manufacturing plant?
• What are the infrastructure costs for setting up a steel ball manufacturing plant?
• What are the capital costs for setting up a steel ball manufacturing plant?
• What are the operating costs for setting up a steel ball manufacturing plant?
• What should be the pricing mechanism of the final product?
• What will be the income and expenditures for a steel ball manufacturing plant?
• What is the time required to break even?
• What are the profit projections for setting up a steel ball manufacturing plant?
• What are the key success and risk factors in the steel ball industry?
• What are the key regulatory procedures and requirements for setting up a steel ball manufacturing plant?
• What are the key certifications required for setting up a steel ball manufacturing plant?

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

Company Name: IMARC Group

Contact Person: Elena Anderson

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Europe & Africa: +44-702-409-7331 | Asia: +91-120-433-0800

Address: 134 N 4th St, City: Brooklyn, State: NY, Country: United States

Website: https://www.imarcgroup.com/

Follow us on twitter: @ImarcServices

LinkedIn: https://www.linkedin.com/company/imarc-group

IMARC Group has recently released a new research study titled “Water Tank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the water tank market?

The global water tank market size reached US$ 3.88 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.98 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.

Industry Overview:

A water tank is a container designed to store water for various purposes, such as drinking, irrigation, fire suppression, agriculture, or industrial uses. It comes in various sizes, shapes, and materials, such as plastic, steel, concrete, and fiberglass, each offering different benefits in terms of durability, cost-effectiveness, and environmental impact.

Some tanks are installed above ground, while others are buried underground, depending on the specific needs and constraints of the location. It is widely used in industrial settings in managing water supply, ensuring the availability of ample water for processing activities, and cooling heavy machinery and equipment.

Besides, in residential and commercial sectors, these tanks provide a reliable source of water for daily consumption and emergencies. Presently, there has been a considerable rise in the utilization of water tanks, on account of various factors, such as climate change and water scarcity issues.

Request to Get the Sample Report: https://www.imarcgroup.com/water-tank-market/requestsample

Water Tank Market Trends and Drivers:

The escalating need for water storage solutions in arid regions and areas suffering from periodic water is driving the global market. Coupled with this, the growing global population and rapid urbanization have increased the demand for reliable water storage systems in both urban and rural communities. Moreover, the rising use of water tanks in manufacturing plants, oil and gas industries, and power generation facilities for process water storage and wastewater treatment is propelling the market.

Besides, the rising use of water tanks in manufacturing plants, oil and gas industries, and power generation facilities for process water storage and wastewater treatment is augmenting the market. Furthermore, the emergence of innovative, durable, and eco-friendly materials in water tank manufacturing, such as high-density polyethylene (HDPE) and fiberglass-reinforced plastic (FRP), is favoring the growth of the water tank market.

Competitive Landscape With Key Players:

Who are the key players operating in the industry

Water Tank Manufacturers: 

• BAE Systems PLC
• Cobham PLC
• Furuno Electric Company Ltd.
• Harris Corporation
• Mayflower Communications Co. Inc.
• Novatel Inc. (Hexagon AB)
• Raytheon Company
• Rockwell Collins
• Thales Group
• U-Blox Holding AG Ltd.

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=6868&flag=C

Key Market Segmentation:

The report has segmented the market into the following categories:

Breakup by Type Insights:

• Steel
• Plastic
• Fiberglass
• Others

Breakup by Installation Insights:

• Underground
• Outdoor
• Indoor

Breakup by End-User Insights:

• Residential
• Commercial
• Industrial
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Drivers and Success Factors
• SWOT Analysis
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “Starch Blended Biodegradable Polymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the starch blended biodegradable polymer market?

The global starch blended biodegradable polymer market size reached US$ 1,029 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,527 Million by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.

What is starch blended biodegradable polymer? 

The starch blended biodegradable polymers are produced by the combination of starch and synthetic polymers. They can be produced through physical blending or chemical modification processes. They possess a crystalline structure and have the ability to decompose into natural by-products, including water, biomass, gases (CO2 and N2), and inorganic salts, once they have fulfilled their intended purpose. Starch bended biodegradable polymers exhibit the biodegradable properties of starch along with the physical characteristics of synthetic polymers. Owing to their eco-friendly nature, these polymers are increasingly replacing petrochemical- and synthetic-based polymers. Consequently, starch blended biodegradable polymers find widespread applications across several sectors, such as consumer goods, packaging, horticulture, food packaging, healthcare, etc.

Request to Get the Sample Report: https://www.imarcgroup.com/starch-blended-biodegradable-polymers-technical-material-market-report/requestsample 

Starch Blended Biodegradable Polymer Market Trends and Growth Drivers:

The escalating usage of the product in the food packaging segment on account of their odorless, tasteless, and non-toxic properties and in the production of edible films, which help preserve the freshness of food products, is primarily driving the starch blended biodegradable polymers market.

Additionally, the increasing environmental awareness among consumers has led to a elevating demand for green and sustainable products, which is also positively influencing the starch blended biodegradable polymers market growth. Moreover, the rising product adoption in the agricultural industry, where they are used as covers for greenhouses and mulch films to improve soil fertility and health and for controlling the efficient release of nutrients from fertilizers into the soil, is acting as another significant growth-inducing factor.

Apart from this, the shifting preferences toward starch blended biodegradable polymers in the medical field for drug delivery in the form of microspheres and hydrogels and bone tissue engineering are expected to propel the market in the coming years.           

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=499&flag=C

Who are the key players operating in the industry?

The report covers the major market players including:

• Novamont S.p.A.
• Rodenberg
• Wuhan Huali
• Nihon Cornstarch Corporation
• Plantic Technologies
• DuPont
• BASF
• Lactel Absorbable Polymers
• Balson Industries
• Tryeco

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Key Regions:

• Western Europe
• North America
• Asia Pacific
• Others

Breakup by Polymer Type:

• Biodegradable Starch
• Durable Starch

Breakup by End Use:

• Flexible Packaging
• Agriculture and Horticulture
• Rigid Packaging
• Consumer Goods
• Others

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “White Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the white oil market?

The global white oil market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.48% during 2023-2028.

What is white oil used for?

White oil refers to the highly refined mineral oil that is obtained as a by-product in the production of sulfonates. It is typically formed upon treating paraffinic or naphthenic base oils with sulfuric acid. The process removes the natural oxidation inhibitors, nitrogen and sulfur impurities, and unsaturated, toxic, aromatic, and color-forming compounds. White oil is colorless, odorless, stable, pure, non-toxic, and chemically inert in nature. It can also be produced from numerous feedstocks, depending on processes, including the two-stage hydrotreating method.

White Oil Market Trends and Growth Drivers: 

The increasing application of the product in several industrial verticals is among the key factors driving the white oil market. Moreover, the rising usage of this highly refined mineral oil in the medical and pharmaceutical sector to produce ointments and laxatives and as a carrier for curative drug formulations is also stimulating the market growth.

Besides this, the growing utilization of the product in the food industry as it is applied in egg, fruit, and vegetable coatings, food-grade lubricants and greasers, and within food packing materials is acting as another significant growth-inducing factor. Furthermore, the widespread adoption of white oil in producing plastics and elastomers, polystyrene internal lubricants, PVC external lubricants, plastic annealing, and catalyst carriers is further propelling the global market.

Apart from this, the escalating demand for this highly refined mineral oil in the cosmetics sector to manufacture topical skincare items, such as body lotions, petroleum jelly, moisturizers, cold creams, etc., as it offers lubricity, the ability to prevent moisture and chemical inertness is positively influencing the market growth.

Additionally, manufacturers are extensively investing in research and development (R&D) activities to introduce cost-efficient products, which is anticipated to fuel the white oil market over the forecasted period.

Request to Get the Sample Report: https://www.imarcgroup.com/white-oil-market/requestsample

White Oil Market 2023-2028 Competitive Analysis and Segmentation:

White Oil Key Companies:

• Bharat Petroleum Corporation Limited
• Calumet Specialty Products Partners L.P.
• China Petroleum & Chemical Corporation
• ExxonMobil Corporation
• H&R GmbH & Co. KGaA
• Nynas AB
• Petro Canada Lubricants Inc. (Hollyfrontier Corporation)
• Renkert Oil Inc.
• Royal Dutch Shell Plc
• Sasol Limited
• Savita Oil Technologies Limited
• Total SE

Key Market Segmentation:

The report has segmented the global white oil market on the basis of application and region.

Breakup by Application:

• Adhesive
• Agriculture
• Food
• Pharmaceutical
• Personal Care
• Textile
• Polymers
• Others

Breakup by Geographical Analysis: 

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=3915&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

According to the latest report by IMARC Group, titled "Modular Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

How big is the modular construction market?

The global modular construction market size reached US$ 81.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 114.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

What is modular construction?

Modular construction, also known as prefabricated construction or off-site construction, is a method of building structures where the construction process takes place in a controlled factory environment. The concept involves the manufacturing of pre-engineered building components or modules that are then transported to the construction site for assembly. These modules, which can be anything from individual rooms to entire building sections, are manufactured with precision and adhere to rigorous quality standards. Once delivered, they are efficiently assembled to create a complete structure. Compared to traditional on-site construction, modular techniques enable faster project completion due to parallel manufacturing and on-site assembly, resulting in reduced labor costs and earlier revenue generation.

Request to Get the Sample Report: https://www.imarcgroup.com/modular-construction-market/requestsample

What are the emerging trends in the modular construction market?

The global market is primarily driven by the increasing demand for affordable and sustainable housing solutions. Additionally, the growing adoption of prefabricated modules in controlled factory conditions leading to higher quality control and minimized construction delays is propelling the product demand. Moreover, the rising need for quick and efficient construction with tight project deadlines in response to rapid urbanization and population growth is fueling the market. In addition to this, the increasing focus on sustainability and environmental responsibility is propelling the adoption of modular construction in the numerous infrastructure development projects.

Furthermore, the augmenting need for improved safety standards, reduced accidents, and enhanced worker well-being in the construction industry is also providing an impetus to the market. Furthermore, technological advancements and digitalization such as building information modeling (BIM), 3D printing, robotics, and automation in construction processes to optimize design, manufacturing, and assembly processes is creating lucrative opportunities in the market.

Who are the key players operating in the industry?

The report covers the major market players including: 

Modular Construction Key Companies:

• Algeco
• Balfour Beatty plc
• Bouygues
• Etex Group
• Guerdon LLC
• KLEUSBERG GmbH & Co KG
• Laing O'Rourke
• Larsen & Toubro Limited
• Lendlease Corporation
• Red Sea International
• Skanska AB
• Taisei Corporation

Key Market Segmentation:

Breakup by Type:

• Permanent
• Relocatable

Breakup by Module Type:

• Four Sided
• Open Sided
• Partially Open Sided
• Mixed Modules and Floor Cassettes
• Modules Supported by a Primary Structure
• Others

Breakup by Material:

• Steel
• Concrete
• Wood
• Plastic
• Others

Breakup by End Use:

• Residential
• Commercial
• Education
• Retail
• Hospitality
• Healthcare
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=4288&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “United States Safes and Vaults Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the United States safes and vaults market?

The United States safes and vaults market size reached US$ 821.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,176.8 Million by 2028, exhibiting a growth rate (CAGR) of 5.98% during 2023-2028.

What are safes and vaults?

Safes and vaults refer to specially designed secure storage systems that are designed to protect valuable products, including money, sensitive documents, and records under high-risk situations. These metal-framed, hollow cylinders include specifications, such as resistance to fire, water and chemicals, and protection against burglary, robbery, and unauthorized intrusions. In addition to this, safes and vaults are unbreakable by external factors as they are accessed through passcodes, biometric systems passwords, and numerical that further adds another layer of security to ensure authenticate entry.

Request to Get the Sample Report: https://www.imarcgroup.com/united-states-safes-vaults-market/requestsample

Market Trends:

The significant technological advancements and the integration of biometrics, video monitoring systems, and auto-locking mechanisms are further propelling the market growth. Apart from this, the extensive utilization of the safes and vaults in the banking, financial services and insurance (BFSI) sector for protecting sensitive customer information, assets, and products is creating a positive outlook for the market across the country.

Competitive Analysis and Segmentation:

Key Market Segmentation:

The report has segmented the United States safes and vaults market on the basis of type, function type, application, end user and region.

Based on Type:

• Electronic
• Biometric
• Mechanical

Based on Function Type:

• Cash Management Safes
• Depository Safes
• Gun Safes and Vaults
• Vaults and Vault Doors
• Media Safes
• Others

Based on Application:

• Residential
• Commercial

Based on End User:

• Banking Sector
• Non Banking Sector

Regional Analysis:

• Northeast
• Midwest
• South
• West

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=4224&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the modular data center market?

The global modular data center market size reached US$ 24.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.0 Billion by 2028, exhibiting a growth rate (CAGR) of 15.4% during 2023-2028.

What is modular data center?

A modular data center (MDC) is a compact, self-contained facility that houses all the necessary IT infrastructure components required for data processing, storage, and networking. Unlike traditional data centers, which are typically large and built from scratch, modular data centers are pre-fabricated units that can be easily deployed and scaled as needed.

An MDC consists of standardized modules or containers that are designed to accommodate servers, power and cooling systems, networking equipment, and security measures. These modules are pre-engineered and built off-site, allowing for rapid deployment and flexibility in terms of location. They are stacked or connected to form a larger data center complex or operated as standalone units. The modular design of these data centers also allows for scalability.

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Additional modules are added as the need for computing power or storage capacity increases, enabling organizations to align their IT infrastructure with their evolving requirements. This modular approach enables efficient resource allocation and helps optimize operational costs. The benefits of modular data centers include reduced construction time, lower capital expenditure, and improved energy efficiency. They offer a more cost-effective solution compared to traditional data centers, as they eliminate the need for extensive on-site construction and can be quickly deployed to meet changing demands.

Furthermore, modular data centers are easily transported or relocated, making them suitable for temporary deployments, remote locations, or disaster recovery scenarios.

Modular Data Center Market Trends and Growth Drivers:

The increasing adoption of cloud computing and hybrid cloud models represents one of the key factors driving the growth of the market across the globe. This, coupled with the rising integration of modular data centers with cloud platforms to create hybrid infrastructure, enables businesses to benefit from the scalability, flexibility, and cost-efficiency of both on-premises and cloud environments, which is acting as a major growth-inducing factor.

In line with this, the increasing demand for scalable and flexible solutions among businesses to meet their changing IT infrastructure needs is contributing to the growth of the market. In addition to this, the modular design allows for easy expansion or contraction of data center capacity, which makes it an ideal choice for organizations experiencing rapid growth or those requiring temporary or remote data center deployments.

Apart from this, significant advancements in modular construction techniques, prefabrication technologies, cooling systems, and automation tools is resulting in improved efficiency, reliability, and performance of modular data centers. Moreover, the rapid deployment of modular data centers as compared to traditional data centers is driving the growth of the market.

Other factors, including cost advantages over traditional data centers, energy efficiency and sustainability, the widespread adoption of edge computing and the Internet of Things (IoT), the rising need for disaster recovery, and the increasing use of modular data centers in remote or harsh environments are creating a positive outlook for the market across the globe.

Modular Data Center Manufacturers: 

• BASELAYER Technology LLC (Intermountain Electronics Inc.)
• Cannon Technologies Ltd
• Dell Technologies Inc.
• Eaton Corporation plc
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation
• Rittal GmbH & Co. KG
• Schneider Electric SE
• Vertiv Group Corp.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Component:

• Solutions
  • All-in-One Module
  • Individual Module
• Services
  • Design and Consulting
  • Integration and Deployment
  • Support and Maintenance

Breakup by Data Center Size:

• Small and Medium-sized Data Centers
• Large Data Centers

Breakup by Application:

• Disaster Backup
• High Performance/ Edge Computing
• Data Center Expansion
• Starter Data Centers

Breakup by Industry Vertical:

• BFSI
• IT and Telecom
• Retail and Manufacturing
• Healthcare
• Energy
• Media and Entertainment
• Government and Defense
• Others

Regional Insights:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=4323&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “eHealth Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the eHealth market?

The global eHealth market size reached US$ 100.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 304.2 Billion by 2028, exhibiting a growth rate (CAGR) of 20.5% during 2023-2028.

eHealth, or electronic health, refers to the utilization of information and communications technology (ICT) in healthcare services. It aims to improve the quality, efficiency, and accessibility of healthcare delivery. eHealth encompasses a broad range of applications, including electronic health records (EHR), telemedicine, health information systems, wearable devices for monitoring health metrics, and digital platforms for scheduling and consultations.

One of the key advantages of eHealth is its ability to bridge geographical gaps. Telemedicine, for instance, allows healthcare providers to consult with patients remotely, which is especially valuable for individuals residing in rural or underserved areas.

Electronic health records streamline the administrative aspects of healthcare, thus making it easier for healthcare professionals to access and share crucial patient data. This leads to more accurate diagnoses and effective treatment plans. eHealth is also instrumental in empowering patients to take charge of their own health. Wearable devices and mobile health apps can monitor vital statistics, activity levels, and other health indicators, providing real-time feedback that encourages proactive health management.

Additionally, eHealth plays a vital role in public health initiatives. Data analytics tools can aggregate and analyze health data on a large scale to track disease outbreaks, understand health trends, and allocate resources more effectively.

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eHealth Market Growth Drivers and Trends:

Significant technological advancements represents one of the key factors driving the growth of the e-health market across the globe. Emerging technologies like artificial intelligence (AI), machine learning, and the Internet of Things (IoT) are revolutionizing the capabilities of eHealth platforms. These technologies are enabling more accurate diagnostics, personalized treatment plans, and real-time health monitoring, which is adding value to the eHealth ecosystem. In line with this, the escalating cost of healthcare services is making it imperative to find cost-effective alternatives. eHealth solutions often offer cost benefits, both to healthcare providers and patients, by streamlining operations and reducing the need for physical infrastructure.

eHealth technologies are democratizing access to healthcare services, particularly for individuals in remote or underserved regions. In addition to this, telemedicine consultations and mobile health applications allow people to receive medical advice without the need for physical travel, increasing the reach of quality healthcare. Government initiatives and favorable policies are bolstering the market. Regulations supporting telehealth services and incentivizing the adoption of electronic health records are driving the market growth. Consumers are accustomed to the conveniences afforded by technology which extends to healthcare, where there is an increasing expectation for more accessible, efficient, and personalized services. eHealth meets these expectations, which is further spurring its adoption. With an aging global population, there is a rising need for constant healthcare monitoring and management. eHealth solutions are particularly suitable for addressing age-related health conditions, which are serving a growing demographic.

Apart from this, the capability of eHealth platforms to aggregate vast amounts of data enables better healthcare decision-making. Data analytics can reveal health trends, predict outbreaks, and optimize resource allocation, which improves public health outcomes, thus facilitating the growth of the market.

Who are the key players operating in the industry?

eHealth Key Companies:

• Allscripts Healthcare Solutions Inc.
• Athenahealth
• Cerner Corporation
• Doximity Inc.
• Epic Systems Corporation
• General Electric Company
• International Business Machines Corporation
• Koninklijke Philips NV
• Medisafe Limited (Steris plc)
• SetPoint Medical Corporation
• Telecare Corporation

eHealth Market Segmentations:

Breakup by Product:

• Electronic Health Records
• ePrescribing
• Clinical Decision Support
• Telemedicine
• Consumer Health Information
• mHealth
• Others

Breakup by Services:

• Monitoring
• Diagnostic
• Healthcare Strengthening
• Others

Breakup by End User:

• Healthcare Providers
• Payers
• Healthcare Consumers
• Others

Geographical Analysis:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=3918&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us: 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

IMARC Group has recently released a new research study titled “Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the tire market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

What is the market size of the tire industry?

The global tire market size reached 2,321.3 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 2,741.2 Million Units by 2028, exhibiting a growth rate (CAGR) of 2.88% during 2023-2028.

Report Coverage:

Tire: Uses and Application:

Tire, also known as a tyre, is a round rubber covering fitted around a wheel's rim to provide traction, stability, and support for vehicles. Its characteristics include tread patterns for grip, sidewalls for structural strength, and various sizes to fit different vehicles. Key features include durability, flexibility, and resistance to wear and tear.

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Tire Industry Growth Drivers and Trends: 

One of the primary drivers influencing the growth of the Tire Market is the mounting demand for cost-effective and high-performance tire solutions. As the global automotive market expands, there is an increasing need for tires that offer superior performance, fuel efficiency, and durability. The tire industry is responding to this demand by continuously innovating and introducing advanced tire technologies to meet the evolving needs of consumers. Advancements in tire technology have significantly contributed to market expansion.

Manufacturers are constantly investing in research and development to enhance tire materials, tread designs, and construction methods. These advancements have led to the production of safer, more reliable, and longer-lasting tires, making them more secure and flexible for various vehicle types. The global shift towards digitization and data-driven solutions is also influencing the Tire Market.

Tire manufacturers are incorporating smart technologies and sensors in tires to collect data on tire performance and provide real-time insights. These digital innovations are transforming the way tires are monitored, leading to improved safety and more efficient tire maintenance.

The rising awareness among consumers and businesses about the benefits of using high-quality tires is propelling the growth of the Tire Market. Consumers recognize the significant impact that tires have on vehicle performance, fuel efficiency, and overall safety. As a result, there is a growing preference for premium and performance-oriented tires, driving the market expansion.

We are also providing the Tyre Manufacturing Plant Project Report 2023: https://www.imarcgroup.com/tyre-manufacturing-plant-project-report

What is included in tire market segmentation?

The report has segmented the market into the following categories:

Breakup by Design:

• Radial
• Bias

Breakup by End-Use:

• OEM Market
• Replacement Market

Breakup by Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles
• Medium and Heavy Commercial Vehicles
• Two Wheelers
• Three Wheelers
• Off-The-Road (OTR)

Breakup by Distribution Channel:

• Offline
• Online

Breakup by Season:

• All Season Tires
• Winter Tires
• Summer Tires

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

Tire Compnaies/Manufactureres Covered: 

• The Michelin Group
• Bridgestone Corporation
• Continental AG
• The Goodyear Tire and Rubber Company
• Sumitomo Corporation
• Pirelli Tyre S.p.A
• Yokohama Tire Corporation
• Hankook Tire and Technology Co., Ltd.
• Toyo Engineering Corporation
• Kumho Tyre (Australia) Pty Ltd

You Can Buy Report Directly and Get Up-To 10% Discount: https://www.imarcgroup.com/checkout?id=575&method=238

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                                                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

A number of factors, such as the rising need for effective fraud detection solutions, surging demand for personalized product commendations, and growing importance of projecting lead scoring, are expected to drive the automated machine learning (AutoML) market in the foreseeable period (2020–2030). According to P&S Intelligence, the market generated revenue of $346.2 million in 2020, which is expected to reach $14,830.8 million by 2030, growing at a CAGR of 45.6% in the coming years. Moreover, the market is witnessing a trend of rising fondness toward cloud-based AutoML platforms.

One of the major factors boosting the demand for AutoML solutions is the rising need for effective fraud detection solutions. The prevention and detection of frauds are a massive challenge for all companies across the world. For example, according to the U.S. Government Accountability Office, payments that were completed in an inappropriate amount and not have been made (improper payment) totaled around $151 billion in 2018, as compared to $141 billion in 2017. Moreover, according to the Reserve Bank of India, over 6,800 incidences of bank frauds were reported in 2018–2019, which cost around $10,079 million.

The offering segment of the AutoML market is categorized into platform and service. Between the two, the platform accounted for a larger share in 2020 in the market, and it is expected to dominate the market during the forecast period as well. This is ascribed to the rising deployment of AutoML platforms across all sectors to minimize the cases of frauds, reduce operational costs, and improve customer service. Further, the COVID-19 pandemic enhanced the digital transformation in all verticals, such as healthcare, manufacturing, and banking and financial services, which boosted the demand for AutoML.

Furthermore, based on the application segment, the AutoML market is categorized into fraud detection, medical testing, sales & marketing management, and transport optimization. Among these, the sales & marketing management category is expected to record the fastest growth in the coming years. This can be attributed to a large number of organizations across all sectors are using AutoML platforms significantly to gain insights into shopper sentiment, and also these platforms offer content personalization, customer engagement, and lead scoring for sales & marketing management.

Geographically, the North American AutoML market accounted for the largest share in 2020, and it is also expected to lead the global market during the forecast period. This is ascribed to the rising venture capital (VC) funding of AI organizations in research and development (R&D) activities to improve their offerings. For example, U.S. companies raised $99.5 billion in 2018 through VC funding for AI. Moreover, technological advancement, presence of key AutoML platform providers, developed IT infrastructure, and well-developed BFSI, healthcare, and IT & telecom industries are the key reasons for increasing the demand for AutoML solutions in the region.

Thus, the surging need for effective fraud detection solutions and the rising demand for personalized product commendations across the globe are expected to propel the market growth during the forecast period.

According to IMARC Group’s latest report, titled “Silicon Carbide Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2021-2026”, the global silicon carbide market reached a value of US$ 760 Million in 2020. Looking forward, IMARC Group expects the market is expected to grow at a CAGR of 16.5% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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The global silicon carbide market is primarily driven by the increasing demand for semiconductor electronic devices that are operated at high temperatures and high voltage. In addition, silicon carbide is also utilized in the manufacturing of various components, including automotive brakes, clutch, detectors, light-emitting diodes (LED), ceramic plates and bulletproof jackets. Besides this, the growing environmental degradation has escalated the demand for silicon carbide as it produces lesser sulfur, aluminum, and nitrogen content and can be recycled.

Market Trends and Drivers:

Furthermore, the implementation of favorable government policies promoting the use of renewable energy resources for power generation is also positively influencing the market growth. Looking forward, IMARC Group expects the market to grow at a CAGR of 16.5% during 2021-2026.

Silicon Carbide Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the silicon carbide market has been studied in the report with the detailed profiles of the key players operating in the market.

Competitive Landscape with Key Players:

• AGSCO Corp
• Carborundum Universal Limited (Murugappa Group)
• Compagnie de Saint-Gobain S.A.
• Cree Inc.
• Entegris Inc.
• ESK-SIC GmbH
• Fuji Electric Co. Ltd.
• General Electric Company
• Genesic Semiconductor Inc.
• Infineon Technologies AG
• Renesas Electronics Corporation
• SNAM Abrasives Pvt Ltd

Key Market Segmentation:

The report has segmented the silicon carbide market on the basis of component, application and region.

Breakup by Product:

• Black Silicon Carbide
• Green Silicon Carbide
• Others

Breakup by Application:

• Steel
• Automotive
• Aerospace
• Military and Defense
• Electrical and Electronics
• Healthcare
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/silicon-carbide-market

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
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