Dehumidifier Market Size Worth $4.3 Billion By 2025

The global dehumidifier market size is expected to reach USD 4.3 billion by 2025, according to a new study conducted by Grand View Research, Inc., registering a 6.7% CAGR during the forecast period. Rising demand for dehumidifiers in hotels, restaurants, and cold storages to minimize food wastage caused due to humid air is expected to drive the market.

Increasing awareness among consumers toward health, along with extensive research and development activities carried out by market players, are anticipated to fuel market growth. Dehumidifiers reduce humidity by eliminating water content from the air. They are widely used for comfort or health reasons.

Recent technological developments are focused on energy-efficient dehumidifiers. In addition, introduction of cloud-based technology that allows users to control dehumidifiers through smartphones, tablets, and computers is expected to accelerate market growth. Development of advanced dehumidifiers that automatically calculate humidity level and set the functioning accordingly is also expected to boost the dehumidifier market over the forecast period.

Stringent legal and regulatory standards have compelled manufacturers to develop energy-efficient dehumidifiers. This is further estimated to benefit the global market. Rising demand for portable dehumidifiers in residential and commercial applications is expected to drive growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dehumidifier-market

Further key findings from the study suggest:

  • By product, the chemical absorbent segment is expected to account for the largest market share in terms of revenue, also exhibiting the highest CAGR of 7.0% from 2018 to 2025. Development of solar-assisted, liquid desiccant dehumidifier systems that improve sustainability and energy efficiency is expected to drive this segment
  • Sorption technology is expected to register the highest growth owing to the introduction of eco-friendly cooling agents such as R-410A
  • The industrial segment is projected to dominate the market over the forecast period by application and also register the highest growth rate through 2025
  • North America is expected to continue its dominance in the market over the forecast period and is anticipated to reach USD 1.5 billion by 2025. Increasing number of hotels and restaurants and growth of the construction industry are expected to propel the regional market
  • Key industry participants include De’Longhi Appliances S.r.I; General Filters, Inc.; Heat Controller, Inc.; Munters; and Seibu Giken DST AB.

Washing Machine Market Size Worth $42.16 Billion By 2025

The global washing machine market size is expected to reach USD 42.16 billion by 2025, according to a new report by Grand View Research, Inc. Increased needs for differentiated products and services have led to an upsurge in investments for R&D activities. Ongoing advancements, such as coin laundry, crowdsourced supply, and on-demand services, are drawing investors toward the laundromat and laundry industries seeking minimal on-site management obligations. Moreover, the commercial laundry space is becoming more automated with the introduction of Internet-enabled features in the washing machines.

The increased number of dual-income households coupled with insufficient time for laundry has led to the growing demand for laundromats. Additionally, the growth in the hospitality sector in emerging countries and the advent of on-demand services are expected to propel the commercial washing machine growth. Furthermore, energy labels and energy efficiency policies have enabled manufacturers to focus on the development of energy-efficient products.

The growth in online laundry services is expected to have a positive impact on the commercial washing machine industry. The commercial washing machine market is characterized by the presence of key players who provide conventional washing and laundry services. However, the startups in this industry are struggling to fill in the gap by providing comprehensive solutions at a reasonable price.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/washing-machine-market

Further key findings from the report suggest:

  • The fully-automatic washing machine industry is expected to be the fastest-growing segment owing to the growing shortage of time for household chores
  • The demand for washing large volume of the load is providing traction to the growth of the washing machines having a capacity of over 8 kg
  • The residential sector is anticipated to grow at a CAGR of over 5% throughout the forecast period due to the transition from semi-automatic to fully automatic washing machines.
  • The strong growing demand for residential products in the UAE and Saudi Arabia is contributing to the growth in the MEA region
  • The major players include LG Electronics Inc., Samsung Electronics Co. Ltd., Whirlpool Corporation, and Electrolux AB
  • Emphasis on R&D is a major strategy adopted by the key players to generate financial profits and address the environmental and social issues through technologies and products

Underwater Robotics Market Worth $6.74 Billion By 2025

The global underwater robotics market size is expected to reach USD 6.74 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a substantial CAGR of 13.5% over the forecast period. Rising adoption of underwater robotics technology across military and commercial exploration applications for intelligence, surveillance, inspection, underwater repair maintenance, navigation and communication, and other operations is anticipated to boost market growth over the forecast period.

The commercial exploration segment held a significant share in the market in 2017. The autonomous underwater vehicles (AUV) segment is expected to gain traction over the forecast period while reaching over USD 1.48 billion by 2025. These vehicles are used in the commercial exploration of oil and gas, military missions, as well as for scientific research activities.

The market growth is attributed to the rising investments in defense sectors across different countries. For instance, in 2016 the United States Department of Defense announced an investment of USD 600 million over the period of 2016 to 2020 for the development of variable payload unmanned undersea vehicles capabilities. This investment was majorly made by the U.S. Navy to improve intelligence, surveillance and rescue operations, acoustic surveillance, mine countermeasure, and anti-submarine warfare operation.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/underwater-robotics-market

  • The global underwater robotics market accounted for USD 2.52 billion in 2017 and is expected to develop at a CAGR of 13.5% from 2018 to 2025
  • ROV segment emerged as the largest by type in 2017 and is estimated to reach USD 5.26 billion by 2025
  • By application, the commercial exploration segment is anticipated to witness the highest CAGR of 14.8% over the forecast period
  • The Asia Pacific region is estimated to expand at the highest CAGR over the forecast period. Growing investments in autonomous marine vehicles in countries such as China, South Korea, Japan, India, and Australia are expected to drive the region’s growth
  • Some of the key companies are Oceaneering International Inc.; ECA Group; Atlas Maridan; and Bluefin Robotics Corp.

Organoids And Spheroids Market Size Worth $2.1 Billion By 2027

The global organoids and spheroids market size is expected to reach USD 2.1 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 22.5% over the forecast period. A rise in the adoption of organoid cultures in drug discovery, and rising demand for cell therapy and tissue engineering across the globe is expected to drive the market.

3D spheroids are considered as an important aspect of tissue engineering and regenerative medicine research as they can be used as building blocks for the generation of complex tissues and organs. In addition, the potential of 3D cell cultures to be used as models for drug screening and analysis of human disorders are expected to provide ample growth opportunities to the market in the near future.

A rise in the adoption of organoid cultures for the assessment of the mechanism of human-specific disorders is expected to enhance the market growth. For instance, human organoids have helped in the analysis of a wide range of tissues including the small intestine, prostate, brain, and liver. The promise of the generation of 3D cell cultures that resemble human organs has brought an enormous potential for the use of organoids as cell therapies, and as prospective substitutes for whole-organ transplantation.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/organoids-spheroids-market

Further key findings from the report suggest:

  • The spheroids segment is anticipated to dominate the market throughout the analysis period
  • Higher adoption of 3D spheroids in the fields of drug discovery, disease modeling, and safety testing is a key factor driving the segment
  • The developmental biology application segment accounted for the largest revenue share in 2019 as the development of organoids from Induced Pluripotent Stem Cells (iPSCs) have paved way for dynamic observation of cell development and propelled the adoption of mechanistic studies for human development
  • Biotechnology and pharmaceutical industries dominated the end-use segment in the market in 2019. This is because of the high utilization rate of organoids and spheroids in pre-clinical drug discovery by pharma entities
  • In addition, these players are actively involved in the development of advanced products that enhance the efficiency of organoid and spheroid generation.
  • For instance, In December 2018, Sun Bioscience developed a robotic platform specially designed for the production of organoids for personalized medicine. The platform facilitates automated image-based screening of such cells
  • In North America, the market generated the highest revenue in 2019 due to higher adoption of technologically advanced cell culture platforms, and the presence of a large number of universities and academic institutions actively involved in cell and organ-based studies
  • In addition, a higher adoption rate of organoid and spheroid culture products and efficient healthcare infrastructure in North America is attributive to the largest revenue generation from the region
  • In Asia Pacific, the market is anticipated to witness lucrative growth over the forecast period.
  • Presence of key players and government organizations such as STEMCELL Technologies, Australasian Society for Stem Cell Research (ASSCR), The Japanese Society for Regenerative Medicine, The Korean Society for Stem Cell Research (KSSCR), and others are expected to enhance the penetration of organoid and spheroid culture in Asia
  • The key players are constantly involved in research and development of new products so that they can enhance their market position.

Healthcare API Market Worth $336.02 Million By 2027

The global healthcare API market size is expected to reach USD 336.02 million by 2027, according to a new report by Grand View Research, Inc. The market is projected to register a Compound Annual Growth Rate (CAGR) of 6.3% from 2020 to 2027. Increasing demand for healthcare integration and adoption of Application Programming Interfaces (APIs) by the HCOs are the major factors driving the growth of the market.

Factors such as technological advancements in health care solutions and the co-existence of healthcare and IT services are expected to continue driving the adoption of healthcare API. It allows patients to get well acquainted with the doctors or specialist’s details and appointment suggestions. Increasing focus towards the adoption of the Internet of Things (IoT) and Remote Patient Monitoring (RPM) is expected to drive the market growth in the forthcoming years.

Industry players are trying to develop a fully integrated API solution to gain market penetration. Moreover, the COVID-19 pandemic has increased the need for remote access to patients’ data which is expected to boost the growth of the market. For instance, in May 2020, Change Healthcare launched a suite of solutions such as industry-standard APIs, hardware bundle, and software solutions in order to help telemedicine providers to deploy virtual care services.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/healthcare-api-market

Further key findings from the study suggest:

  • In terms of revenue, the Electronic Health Record (EHR) access dominated the application segment in 2019. The growth can be attributed to the adoption of the API platform in EHR by the big and small HCOs
  • Remote patient monitoring segment is expected to show the fastest growth over the forecast period owing to the technological advancements in remote diagnostics and wearable sensors
  • On the basis of the deployment model, cloud-based API held the largest revenue with a share of over 70% as of 2019. The growth can be attributed to its associated advantaged such as ample of free storage and remote access
  • On the basis of end-use, providers held the largest revenue share in 2019 owing to increased adoption of APIs by big and small HCOs. HCOs are constantly trying to provide better patient care and remote treatment guidance which is further propelling the growth
  • The healthcare payers segment is expected to showcase the fastest growth over the forecast period. The growth can be attributed to easy access to patient data and billing information by these API platforms

U.S. Vaginal Moisturizers And Lubricants Market Worth $1.0 Billion By 2027

The U.S. vaginal moisturizers and lubricants market size is expected to reach USD 1.0 billion by 2027, expanding at a CAGR of 8.7% during the forecast period, based on a new report by Grand View Research, Inc. Market growth can be attributed to the increasing target population, growing demand for vaginal lubricants, and increasing awareness regarding sexual health among women. According to the Study of Women Across the Nation (SWAN), more than 2,400 women above the age of 17 and around 19.0% of women aged 42 to 53 suffer from vaginal dryness. Thus, increasing incidences of dryness is likely to drive the market for vaginal lubricants and moisturizers over the forecast period.

Various social media movements, such as the third wave of feminism, is aimed at breaking taboos around sexual health and assisting in changing the general attitude towards sex. Over the past few years, the sexual wellness market has shifted focus toward women’s products. Companies are offering conventional products with glamorous packaging, hence, helping to create more awareness around sexual health.

A considerable number of young people not aware of sexual health can increase the prevalence of STDs. September is considered as a sexual health awareness month in the U.S., which is expected to raise awareness among citizens about sexual health and wellness. A significant number of women suffer from vaginal dryness; however, they do not seek medical help, which is likely to hinder the market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-vaginal-moisturizers-lubricants-market

Further key findings from the study suggest:

  • By distribution channel, retail dominated the market and is likely to witness the fastest growth over the forecast period
  • An increasing number of fashion retailers are offering sexual wellness products, which is expected to introduce the younger generations to more sexual health and wellness products. A liberal lifestyle and social acceptance have led to the growth of adult stores around the country
  • In November 2018, Durex formed a partnership with RED. This partnership was aimed at supporting its mission to end AIDS. Funds generated from the sale of the Durex RED condom were to be invested in South Africa where over 7.2 million people have HIV/AIDS
  • Searchlight Pharma announced Fonds de solidarité FTQ and Emerillon Capital as the new strategic financial partners in October 2017. The partnership is expected to assist the growth of Searchlight Pharma.

Autosamplers Market Size Worth $1.8 Billion By 2027

The global autosamplers market size is expected to reach USD 1.8 billion by 2027, expanding at a CAGR of 6.9%, according to a new report by Grand View Research, Inc. The increasing number of research studies and rising demand for chromatography in the pharmaceutical industry, as well as the increasing usage of automation in the laboratories, is boosting the market growth.

Laboratories have emerged as multipurpose research facilities in which different types of testing mechanisms, research analogies, and novel developments are being carried out. The number of test samples is increasing and therefore the demand to run large sample batches is steadily growing. This has also led to an increase in the demand for automation products in various labs.

The rapid adoption of autosamplers attached to analytical systems has led to an increase in lab productivity. The analytical chemists can now produce high-quality data without being present in the lab, continuously. The device provides better reproducibility, high accuracy, and also minimizes error in sampling. It also has the capacity to house the multiple numbers of sample vials in each sequence and hence making it convenient to run various samples that require similar analysis conditions.

Also, to speed up the R&D in areas such as pharmacokinetics, it has become increasingly necessary to analyze a large number of samples at high speed and high precision. Hence, Shimadzu Corporation developed Nexera MP Ultra High Performance Liquid Chromatograph utilizing the SIL-30ACMP Multiplate Autosampler. It achieves an ultrafast injection performance enabling a maximum of 2304 samples to be analyzed continuously.

In Asia Pacific, the market is anticipated to account for the highest CAGR over the forecast period. This is attributed to the growth of the pharmaceutical and biotechnology industry in the region, which, in turn, is driving demand for advanced medical devices in the region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/autosamplers-market

Further key findings from the report suggest:

  • Based on the product, the autosampler systems dominated the market with a global share of 63.6% in 2019. This is attributed to their benefits such as better reproducibility and high accuracy with minimum errors in sampling
  • The liquid product segment is the fastest-growing segment due to its increasing demand in the number of samples
  • Based on end-users, the pharmaceutical and biotechnology companies segment dominated the market with a share of 34.9% in 2019 owing to the increasing usage of automation instruments in laboratories
  • North America held the maximum revenue share of 39.9% in the market in 2019. This is due to the technological advancements and availability of a skilled workforce in the region to handle chromatography instruments.

Cyber Warfare Market Worth $91.75 Billion By 2025

The global cyber warfare market is expected to reach USD 91.75 billion by 2025, according to a new study by Grand View Research, Inc. The increasing number of cyber-attacks are emerging as a significant threat across the globe. The dependence of organizations on information technology and the valuable & sensitive nature of digitally-stored data have raised the stake for cyber attackers whose primary motive is to disrupt economic growth and gain technological advantages by stealing intellectual properties of national defense forces. Increased concern towards catastrophic nature of cyber warfare and national security are factors anticipated to drive the market over the forecast period.

Cyberspace disruption capabilities have outstripped nation’s focus on terrorism. The increasing cyber-attacks such as abusing digital infrastructure and network infiltration within industries and defense sector have led the government to focus more on cyberspace vulnerabilities. The growing digitization in different nations is leading to increase in data and security breaches, resulting in cyber-crime. In light of the growing cyber incidence, increased cybersecurity spending is proposed, and warfare units are established by the governments aimed to protect nation’s sensitive information and deter potential of the cyber threat. Moreover, governments have developed more sophisticated cyber military capabilities to mitigate the emerging threats.

Increasing application of cyber warfare system within the corporate sector can be attributed to growing number of security threats amid defense contractor companies. The data breaches have compromised sensitive information such as blueprints, project details and testing results & reports from the companies which are the important factor for national security. The increasing breaches are impelling many organizations to make investments in security enforcement and detection tools. Moreover, to deter cyber espionage, monitor, and subvert other nations’ defense systems by infiltrating defense contractor system, application of cyber warfare system in the corporate sector is anticipated to drive market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/cyber-warfare-market

  • The defense application segment is estimated retain its dominance in the market and is projected to reach USD 27.94 billion by 2025.
  • The government application segment is anticipated to register a healthy CAGR of 19.1% over the forecast period.
  • The corporate application segment is anticipated to witness a high CAGR of 19.8% over the forecast period.
  • North America was valued at USD 8.22 billion in 2016 and is expected to hold a dominant share in the market by 2025. The region was followed by Europe which held a market share of 25.44% in 2016 of the overall market share.
  • Asia Pacific region is anticipated to be the fastest growing region for the cyber warfare market, growing at of CAGR of 21.1% over the forecast period.
  • The key players in cyber warfare market include BAE System Plc, Boeing, General Dynamic Corporation, Lockheed Martin Corporation, and Raytheon Company, among others.

Visible Light Communication/Light Fidelity Market Worth $101.30 Billion By 2024

The global VLC/Light Fidelity (Li-Fi) market is expected to reach USD 101.30 billion by 2024, according to a new report by Grand View Research, Inc. Increasing concern over cyber security is anticipated to drive demand over the forecast period.

Growing need of green technology solutions with low power consumption is encouraging the development of advanced communication systems.VLC is a disruptive technology and is therefore expected to grab a substantial portion of the Wi-Fi industry in the near future. However, the adoption is at the nascent stage and is currently being used for niche applications, due to which, an extensive R&D investment would help market players to obtain a competitive advantage.

High illumination, longer life and low power consumption of has led the implementation of LED as a component in LiFi systems. Government promotions for smart LED bulbs in developed countries such as the U.S., and the UK are expected to provide a massive infrastructure base to the VLC system providers.

Increasing applications of indoor location-based services embedded with light fixtures in retail shops and hotels is projected to be one of the factors driving revenue growth. Several companies such as GE Lightings, ByteLight Inc. including Koninklijk Philips N.V. are deploying VLC installations in supermarkets which in turn is aiding retailers to tie customers’ shopping history by tracking their location details. This is helping the retailers to deliver on-site information tailored to a customer needs.

Advancements in the automotive industry are projected to enhance the safety of commuters. This is being executed through the vehicle to vehicle (V2V) and vehicle to the roadside (V2R) communication by installing LEDs in headlight and tail light of the vehicle. However, high installation and repair cost are projected to obstruct the large-scale implementation of these systems, especially in the emerging economies.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/visible-light-communication-market

Further key findings from the report suggest:

  • In 2014, LED captured a sizeable industry share for over 40% of the overall revenue. Need for safer and reliable communication system using LED lightening has led to an upsurge in demand across commercial buildings, traffic lights, smart stores, game consoles, and consumer electronics.
  • LED technology is projected to be an important component in the VLC system. It enables transmitted signals to utilize various bandwidths as the medium for transmission. Low power consumption, long productive life of LED products has led to profitable opportunities for industry growth.
  • Automotive & transport application segment is estimated to witness high growth and is expected to reach over USD 19.0 billion by 2024. The technology is capable of delivering real-time traffic updates for proper traffic management and road safety featuring vehicle tracking. LED-based traffic lights are also expected to provide a short-route guideline to the driver and help in saving traffic congestion.
  • North America visible light communication (Li-Fi) market is anticipated to grow at a CAGR of 75.9% from 2016 to 2024. This can be primarily attributed to the increasing data traffic and rising adoption of communication system along with the availability of advanced infrastructure. RF spectrum overuse has led increased the data traffic, hence, providing broad growth avenues for the adoption of VLC communication systems.
  • VLC market in Asia Pacific is anticipated to witness substantial growth owing to rising awareness among smartphones consumers. The region is expected to account for around 30% of the overall revenue share by 2024. The existence of major players is expected to propel demand across this region.
  • Notable companies operating in the VLC market include PureLifi, Velmenni, Oledcomm, IBSEN Telecom, and Visilink. The technology is predicted to penetrate across smart cities, wireless sensor networks, augmented reality (AR) applications, ubiquitous networks, power over Ethernet (PoE) and M2M communication.
  • Several institutes and consortiums such as the University of Oxford, Visible Light Communication Consortium (VLCC), Keio University, and Smart Lighting Engineering Research Centre are focusing on innovation and product commercialization

Integrated Systems Market Is Expected To Reach USD 24.02 Billion by 2020

The global integrated systems market is expected to reach USD 24.02 billion by 2020, according to a new study by Grand View Research, Inc. Accelerated business demands and intricate nature of IT challenges is anticipated to drive the global integrated systems market demand over the forecast period. The IT industry is highly dynamic in nature and characterized by technological advancements and innovation. Every few years the industry experiences tectonic shifts that re-shape IT. Shift in trend from mainframes to client/server to internet computing has altered the way end-users build, purchase, consume, and deliver technology.

In recent times, the integrated systems market has witnessed significant shift, which may be attributed to emergence of mobility, big data, social networking and cloud computing. Smartphone proliferation has also impacted the IT industry, with the advent of the BYOD phenomenon, and provides several market growth opportunities. However, factors such as high deployment cost may pose a challenge to market growth. Besides perceived complexity with regards to installation of converged infrastructure solutions, they are viewed as an expensive but necessary spending.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/integrated-systems-market

Further key findings from the study suggest:

  • The integrated infrastructure segment is poised for high growth over the next six years, which may be attributed to strong revenue growth posted by a few key industry players such as VCE, Cisco, etc.
  • Integration and installation segment accounted for substantial market share in 2013, and is expected to witness high growth. Legacy data center infrastructure has several shortcomings that fail to meet modern data center demand, and has resulted in rise in integrated systems deployment. Further, integrated systems provide the ability to replace aging systems and platforms, thereby combining multiple systems into one platform.
  • BFSI accounted for majority of the integrated systems market in 2013, owing to high market penetration and early adoption. Integrated systems installation enables the BFSI sector support growth, expand network and offer new services to their customers. It also plays a key role in reducing cost, space and power consumption significantly.
  • North America captured a sizeable amount of the integrated systems market, which can be primarily attributed to technological advancements and high market penetration. In addition, the need to achieve agility and efficiency in enterprises may also catapult the regional market demand over the forecast period.
  • Key integrated systems market players such as Oracle Corporation, Cisco Systems, VCE, Hewlett-Packard and IBM focus on collaborations as it helps in technology exchange, joint sales and marketing efforts, new market creation and new product development.