Month: February 2023

According to the latest report by IMARC Group, “3D Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,”, The global 3D metrology market size reached US$ 9.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.

Three-dimensional (3D) metrology is a technological system that is used for measuring distance, length, height and point of a 3D object. It assists in converting a 2D architectural model into images and videos, which provides precise and reliable information about damaged products. It comprises a software for identifying production trends and evaluating real-time deviations; hardware, such as optical digitizer and scanner (ODS), coordinate measuring machine (CMM), 3D automated optical inspection (AOI) system, and video measuring machine (VMM); and services for quality control and inspection, reverse engineering, virtual simulation and 3D scanning.

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Market Trends

The market is witnessing growth owing to the increasing applications of 3D metrology in the automotive industry. This can also be accredited to the inflating income levels and escalating demand for luxury goods and high-end vehicles worldwide. Apart from this, it is employed in the aerospace, automotive, construction, and energy and power sectors for increasing flexibility, reducing set-up time, improving accuracy and enhancing productivity. Furthermore, several manufactures are adopting 3D metrology solutions in their production processes for maintaining the quality of the products. This is expected to strengthen the market growth in the coming years.

Competitive Landscape:

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

• 3D Digital Corporation
• Automated Precision Inc.
• Carl Zeiss AG
• Creaform, Inc.
• FARO Technologies, Inc.
• GOM GmbH
• Hexagon AB
• Jenoptik AG
• KLA Corporation
• Mitutoyo Corporation
• Nikon Metrology NV
• Perceptron, Inc.
• Renishaw PLC.

The report has segmented the market on the basis of Offering, Product, Application, End-Use, and Region.

Market Breakup by Offering:

• Hardware
• Software
• Services

Market Breakup by Product:

• Coordinate Measuring Machine (CMM)
• Optical Digitizer & Scanner (ODS)
• Video Measuring Machine (VMM)
• 3D Automated Optical Inspection System (AoI)
• Form Measurement

Market Breakup by Application:

• Quality Control & Inspection
• Reverse Engineering
• Virtual Simulation
• Others

Market Breakup by End-Use Industry:

• Aerospace & Defense
• Automotive
• Architecture & Construction
• Medical
• Electronics
• Energy & Power
• Heavy Industry
• Mining
• Others

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

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According to the latest report by IMARC Group “Wireless POS Terminals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global wireless POS terminals market size reached US$ 8.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.8 Billion by 2027, exhibiting a growth rate (CAGR) of 11.36% during 2022-2027.

Wireless point of sale (POS) terminals are digital devices that are integrated with hardware systems for processing card payments at retail locations. They facilitate inventory management, customer and supplier order management, integrated supplier purchasing, multi-store management, and invoicing. They also aid in recording sales figures, payroll management, and inventory control to ensure smooth business functions. Moreover, they allow the transfer of inventory between stores, which makes it easy to consult the product description and relevant transfer information.

Wireless POS terminals assist in summarizing the activities of the company, including reports on accounting, sales, contacts, prices, and purchases over a period. They help in managing several stores within the same software. They also provide more flexibility as compared to conventional wired terminals that are applicable for a limited distance. At present, wireless POS terminals find extensive applications in the retail, hospitality, full-service restaurant (FSR), quick-service restaurant (QSR), institutional FSR, healthcare, entertainment, and transportation across the globe.

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Market Trends:

The significant rise in the adoption of POS terminals in different sectors represents one of the key factors positively influencing the market. In addition, the increasing need for card swipes and the emerging trend of contactless payment are catalyzing the demand for wireless POS terminals. Additionally, there is a rise in the  integration of swipe machines and high-security protocols to enhance the in-store digital payment experience. This, in confluence with the growing preference for a hassle-free shopping experience, is bolstering the market growth. Moreover, there is an expansion of fully automated and cash counter-free supermarkets, hypermarkets, convenience stores, and showrooms, which is fueling the growth of the market.

Apart from this, the increasing sales of smartphones, laptops, and tablets and high-speed internet is creating a favorable market outlook. In addition, the expansion of small and medium enterprises (SMEs) and the growing number of micro-merchants and credit card users are encouraging key market players to invest in wireless POS terminals. Moreover, the easy availability of wireless POS terminals across various e-commerce websites, coupled with free doorstep delivery, is strengthening the market growth. Furthermore, the integration of advanced technologies, such as artificial intelligence (AI), into POS systems to help retailers collect and analyze massive amounts of customer data to gain valuable insights is positively influencing the market. Additionally, the increasing investments in research and development (R&D) activities by the key players to offer value-added services are expected to drive the market in the future.

Breakup by Type:

• Portable Countertop and Pin Pad
• MPOS
• Smart POS
• Others

Breakup by Component

• Hardware
• POS Software and Services

Breakup by Technology

• NFC Terminal
• Non-NFC Terminal

Breakup by Industry

• Retail
• Hospitality
• Healthcare
• Transportation
• Sports and Entertainment
• Others

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

Competitive Landscape with Key Player:

• Ingenico
• Verifone
• First Data
• PAX Global Technology
• NCR Corporation
• Diebold Nixdorf
• BBPOS
• Elavon
• Castles Technology
• Winpos
• Bitel
• Cegid Group
• Squirrel Systems
• Newland Payment Technology
• Citixsys Americas
• Izettle
• Revel Systems
• ShopKeep
• TouchBistro Inc.
• Vend.

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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.

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According to the latest report by IMARC Group “Turbocompressors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global turbocompressors market reached a value of US$ 17.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.5 Billion by 2027, exhibiting at a CAGR of 6.4% during 2022-2027.

Turbocompressor is a turbomachine that is mainly employed in manufacturing plants for concentrating a compressible gas through dynamic principles. It is also utilized for energy recovery, petrochemical production, and power generation during natural gas processing. A turbocompressor includes a turbocharger, compressor, and center hub rotating assembly. At present, it is available in the form of axial and centrifugal compressors.

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Market Trends:

The widespread adoption of turbocompressors for chemical processing and power generation, along with the increasing trade of liquefied natural gas (LNG) across the globe is one of the primary factors driving the turbocompressor market toward growth. Moreover, the increasing utilization of turbocompressors for storing, lifting, injecting, compressing, transmitting, and gathering gas is further inducing the market growth. In line with this,the escalating demand for optimized turbocompressors account of their fuel-saving and high-power density properties are creating a positive outlook for the market across the globe.

Breakup by Type:

• Centrifugal Compressors
• Axial Compressors

Breakup by Stage:

• Single Stage
• Multi-stage

Breakup by End User:

• Oil and Gas
• Power Generation
• Chemical
• Water and Wastewater
• Others

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

Competitive Landscape with Key Player:

• Atlas Copco AB
• BorgWarner Inc.
• Continental AG
• Cummins Inc.
• Eaton Corporation plc
• Howden Group Holdings Ltd
• Ingersoll Rand Inc.
• Kawasaki Heavy Industries Ltd.
• MAN Energy Solutions SE (Volkswagen AG)
• Mitsubishi Heavy Industries Ltd
• Siemens AG and Sulzer Ltd.

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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.

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According to the latest report by IMARC Group “ Real-Time Bidding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The global real-time bidding market size reached US$ 12.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.8 Billion by 2028, exhibiting a growth rate (CAGR) of 22.5% during 2023-2028.

Real-time bidding (RTB) refers to the server-to-server buying process that allows ad space on websites to be bought and sold on a per-impression basis. Once the buyer wins an auction, the RTB process takes place programmatically through real-time sales that instantly displays his/her advertisement on the publisher’s website. Real-time bidding processes hundreds of thousands of ad opportunities in milliseconds using a number of platforms and systems, such as ad-servers, data management platforms, and third-party data providers, within the display advertising ecosystem.

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Over the years, there has been a rapid increase in the number of internet users across the globe. This, along with the expanding social media platforms, has prompted consumers to spend time surfing the internet through smartphones, computers and laptops. As a result of the increasing online activity, advertisers are investing in RTB video ads to engage the target audience, which, in turn, is creating a positive impact on the industry. Besides this, the RTB system enables advertisers to manage and optimize their ads across multiple networks in a cost-effective way and helps in enhancing their campaign efficiency and brand awareness. Some of the other factors bolstering the growth of the market include the development of advanced technologies and new updates, and the integration of digital marketing,

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.

Competitive Landscape:

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

Some of these key players include:

• Adobe Inc.
• AppNexus Inc.
• Criteo SA
• Facebook Inc.
• Google LLC
• Match2One AB
• MediaMath, Inc.
• MoPub/ Twitter, Inc.
• PubMatic, Inc.
• Salesforce.com, inc.
• Smaato, Inc.
• The Rubicon Project, Inc.
• Verizon Media
• WPP plc
• Yandex Europe AG.

Breakup by Auction Type:

• Open Auction
• Invitation-Auction

Breakup by Advertisement Format:

• Video
• Image

Breakup by Application:

• Media & Entertainment
• Retail and E-commerce
• Games
• Travel & Luxury
• Mobile Applications
• Others

Breakup by Device:

• Mobile
• Desktop
• Others

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

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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.

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According to the latest report by IMARC Group “Fermented Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global fermented ingredients market reached a value of US$ 23.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 39.3 Billion by 2027, exhibiting a CAGR of 9.3% during 2022-2027.

Fermented ingredients are acidic additives that are extensively deployed in the fermentation of non-food and food products to obtain the desired chemical properties. They are further utilized for detoxication, adding a soft texture and unique flavors. The most common fermented ingredients include biogas, xanthan, amino acids, industrial enzymes, vitamins, and antibiotics. The fermentation processes can be differentiated into lactic acid, acetic acid and ethanol acid fermentation.

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Market Trends:

The escalating inclination of consumers toward healthy and nutritious food commodities with natural ingredients and rising advancements in the food and beverage (F&B) sector are primarily driving the global fermented ingredients market growth. The rising awareness amongst consumers regarding the numerous benefits of fermented ingredients on the overall health of the skin has prompted manufacturers in the personal care and cosmetics industries to use them as basic raw materials, which is further contributing to the market growth. Additionally, the extensive utilization of fermented ingredients in the animal feed and pharmaceutical industryis creating a positive outlook in the market.

Breakup by Type:

• Amino Acids
• Organic Acids
• Polymers
• Vitamins
• Industrial Enzymes
• Antibiotics
• Others

Breakup by Form:

• Dry
• Liquid

Breakup by Process:

• Batch Fermentation
• Continuous Fermentation
• Aerobic Fermentation
• Anaerobic Fermentation

Breakup by Application:

• Food and Beverages
• Feed
• Pharmaceutical
• Paper
• Others

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

Competitive Landscape with Key Player:

• Ajinomoto Co. Inc
• AngelYeast Co. Ltd.
• Archer-Daniels-Midland Company
• Associated British Foods plc
• BASF SE
• Cargill Incorporated
• Chr. Hansen Holding A/S
• Dohler
• DuPont de Nemours Inc.
• Evonik Industries AG (RAG-Stiftung)
• Koninklijke DSM N.V.
• Lallemand Inc.
• Lonza Group AG.

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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.

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According to the latest report by IMARC Group “Mandibular Advancement Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global mandibular advancement devices market is expected to exhibit a CAGR of 16.1% during 2022-2027.

A mandibular advancement device (MAD) is deployed for treating snoring and obstructive sleep hypopnea syndrome (OSAHS). It is also utilized for creating a passage for healthy breathing by carefully stabilizing and supporting the upper jawbone while shifting the lower jaw. Mandibular advancement devices create an ideal balance between the tongue and soft tissues of the throat. These devices can be manufactured as custom or semi-custom to fit the mouth of an individual.

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Market Trends:

The increasing prevalence of sleeping disorders represents one of the primary factors driving the global MAD market growth. In line with this, the steadily rising geriatric population, which is more susceptible to such disorders, are propelling market growth. Moreover, the rising consciousness amongst consumers regarding sleeping disorders and the growing risks of acquiring other health ailments due to OSAHS are creating a positive outlook for the mandibular advancement devices market. Other factors, such as the introduction of innovative product variants and rising healthcare expenditure, are also driving the market toward growth.

Breakup by Product:

• Bite MAD
• Custom MAD
• Semi-Custom MAD

Breakup by Application:

• Snoring
• Obstructive Sleep Apnea
• Temporomandibular Joint Syndrome
• Others

Breakup by Material Type:

• Metal
• Plastic

Breakup by Distribution Channel:

• Hospitals Pharmacies
• Retail Pharmacies
• Online Stores

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

Competitive Landscape with Key Player:

• Advanced Brain Monitoring Inc.
• Apnea Sciences Corporation
• DynaFlex
• Erkodent Erich Kopp GmbH
• NDX Keller Dental Lab
• OSCIMED SA
• ResMed
• Scheu-Dental GmbH (Armira Partners GmbH & Co KG)
• SomnoMed
• The Aurum Group
• Tomed GmbH.

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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.

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According to the latest report by IMARC Group “Fire Fighting Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global fire fighting chemicals market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.

Fire fighting chemicals refer to chemical compounds used to suppress and extinguish fires. They are manufactured using different industrial solvents, such as carbon dioxide, monoammonium phosphate, halon, etc., and blended with various additives, preservatives, and stabilizers. These chemicals prevent combustion by reducing the fire temperature and coating the fuel and are stored in pressurized containers with active propelling agents. Some examples of fire fighting chemicals are alcohol-resistant AFFF, dry, powder, or aqueous film-forming foam (AFFF), protein foam (PF), etc. These are widely used in fixed and portable fire extinguishers, automatic sprinkler systems, fire dampers, etc.

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Market Trends:

The rising incidences of fire-related mishaps resulting in casualties and property loss are currently driving the fire-fighting chemicals market. Moreover, portable and hand-held fire extinguishers are also being increasingly adopted at construction sites, hospitals, schools, hotels, residential complexes, etc. Additionally, these chemicals are further gaining traction across numerous industries, including oil and gas, mining, chemical, etc., for containing and preventing fire accidents at onshore and offshore facilities, process plants, pipelines, etc. Furthermore, the launch of various eco-friendly product variants is acting as another growth-inducing factor. Besides this, growing safety concerns and the implementation of favorable safety regulations by the government bodies of several countries will also continue to propel the fire-fighting chemicals market over the forecasted period.

Breakup by Type:

• Dry Chemicals
• Wet Chemicals
• Dry Powder
• Foam Based

Breakup by Chemicals:

• Monoammonium Phosphate
• Halon
• Carbon Dioxide
• Potassium Bicarbonate
• Potassium Citrate
• Sodium Chloride
• Others

Breakup by Application:

• Portable Fire Extinguishers
• Automatic Fire Sprinklers
• Fire Retardant Bulkhead
• Fire Dampers
• Others

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

Competitive Landscape with Key Player:

• Angus Fire
• DIC Corporation
• Fire Safety Devices Pvt. Ltd.
• Foamtech Antifire Company
• Johnson Controls International plc
• Linde plc
• Orchidee Europe
• Perimeter Solutions
• Safequip Pty Ltd
• Solvay S.A.

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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.

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According to the latest report by IMARC Group “Mobile Education Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global mobile education market is expected to exhibit a CAGR of 36.24% during 2022-2027.

Mobile education is the system of imparting education and access to learning content via the internet or network using personal devices such as smartphones, e-readers, laptops, and tablets. It is a form of distance education with flexibility as users can learn at their convenience and pace. It also helps in performing numerous functions such as fee payments, attendance management and teacher-parent interactive sessions. Nowadays, mobile education is gaining prominence as it aids a one-to-many education delivery approach to enable accessibility to a large number of users.

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Market Trends:

The global mobile education market is primarily driven by the growing penetration of electronic devices in educational institutions. With the onset of coronavirus disease (COVID-19), schools and training centers are adopting smart technology in their learning environment instead of the traditional blackboard approach. It has empowered learners with access to materials and introducing interactive means of enhancing the overall learning experience. Besides this, mobile education helps teachers collect real-time data through wireless assessment and customize instruction for individual students. In addition to this, the market is positively influenced by the growing trends of Bring-your-own-device (BYOD). Furthermore, advancements in digital learning solutions have strengthened the integration between device makers and content suppliers. These factors are expected to significantly influence the market growth in the upcoming years.

Breakup by Product:

• E-Books & E-Courses
• Game/Simulation-based Tools
• Collaboration Tools
• Distance Tutoring
• Test Preparation
• LMS/Authoring Tools
• Interactive Assessments

Breakup by Component:

• Content
• Platform/Software
• Connectivity

Breakup by Operating System:

• Android
• iOS
• Windows
• Others

Breakup by Device Type:

• Personal Digital Assistants (PDAs)
• Smartphones
• Tablets
• e-Readers
• Others

Breakup by Learning Type:

• In-Class
• Simulation-Based
• Instructor-Led
• Others

Breakup by Application:

• Pre-Primary
• K12
• Higher Education
• Corporate
• Vocational

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

Competitive Landscape with Key Player:

• Amazon.com, Inc.
• Apple, Inc.
• Aptara, Inc. (iEnergizer)
• Articulate Global Inc.
• Barnes & Noble, Inc. (Chapters Holdco Inc.)
• Blackboard Inc. (Providence Equity Partners)
• City & Guilds
• D2L Corporation
• Docebo
• Google LLC. (Alphabet, Inc.)
• LearnCast
• Microsoft Corporation
• Pearson Plc
• Saba Software Inc. (Bestatdigital Ltd)
• Sony Corporation
• WizIQ Inc (authorGEN Technologies Pvt. Ltd.)

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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.

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According to the latest report by IMARC Group, “Car Rack Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global car rack market is expected to exhibit a CAGR of 5.9% during 2022-2027.

A car rack is an automotive metal frame attached on top of a vehicle for carrying luggage and other bulky items. It consists of crossbars, towers, gear mounts, and fitting pieces that are evenly spaced to support the weight of the luggage. Car racks are manufactured using lightweight materials, such as steel, aluminum alloys, and composite plastic. Their utilization allows easy transportation of items, increases luggage capacity, and provides comfort to passengers without compromising the interior space. There are different types of car racks commercially available, which include bare roof, rain gutter, side rails, factory bars, and fixed point.

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Market Trends

The growth of the global car rack market is primarily being driven by the rising expenditure in the tourism and automotive industries across the globe. This, along with rapid urbanization and the increasing spending capacity of consumers, is further supporting the market growth. Additionally, the rising population and the increasing popularity of outdoor recreational activities are inflating the demand for extra luggage space in vehicles. Moreover, manufacturers are introducing fiberglass car racks integrated with new mounting technologies, which is accelerating the market growth.

Breakup by Type:

• Roof Rack
• Roof Box
• Bike Car Rack
• Ski Rack
• Watersport Carrier
• Others

Breakup by Material:

• Aluminium Alloy
• Composite Plastic
• Stainless Steel
• Others

Breakup by End Use:

• OEM
• Aftermarket

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

Competitive Landscape with Key Player:

• ACPS Automotive GmbH
• Atera GmbH, Bosal Nederland B.V.
• Cruzber SA, KAMEI GmbH & Co. KG
• Magna International Inc.
• Mont Blanc Group AB (Brenderup Group AB)
• Thule Group AB
• VDL Hapro B.V. and Yakima Products Inc. (Kemflo International Co. Ltd.)

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Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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.

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According to the latest report by IMARC Group ” Antibacterial Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The global antibacterial glass market size reached US$ 252.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 387.8 Million by 2028, exhibiting a CAGR of 7.53% during 2023-2028.

Antibacterial glass is treated with an antimicrobial substance, such as silver and copper ions, and chemical compounds to inhibit the growth of microorganisms like bacteria, fungi, and viruses, on the surface of the glass. It also provides protection against biological fluids and aerosols and consequently prevent disease transmission. Furthermore, as it is easy to clean and maintain, antibacterial glass finds extensive applications in the healthcare facilities, food preparation areas, and military units across the globe.

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Market Trends:

At present, the flourishing healthcare sector, along with the extensive utilization of antibacterial glass in burn, maternity, and geriatric oncology units for protection against antibiotic-resistant pathogens and preventing fatal ailments and infections in the bloodstream and urinary tract, represents one of the key factors positively influencing the market. In addition, the growing awareness about maintaining hygiene and sanitation in machines and equipment that are used in the food and beverage (F&B) industry for minimizing spoilage from microbial contamination and extending the overall shelf-life of food products are creating a positive market outlook worldwide. Apart from this, the increasing adoption of antibacterial glass in consumer electronics, such as smartphones, tablets, and laptops, is also stimulating the growth of the market around the world.

Breakup by Active Ingredient Type:

• Silver
• Copper
• Others

Breakup by Glass Type:

• Soluble
• Porous
• Coated
• Others

Breakup by Application:

• Hospital Wards
• Food and Beverage Products
• Military Equipments
• Household Products
• Others

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

Competitive Landscape with Key Player:

• AGC Glass Europe
• Beijing JiYan-Tech Co. Ltd
• BÜFA Glas GmbH & Co. KG
• Corning Inc.
• Essex Safety Glass Ltd.
• Innovative Glass
• Ishizuka Glass Company Limited
• Joh. Sprinz GmbH and Co. KG
• Morley Glass & Glazing Ltd.
• Sumita Optical Glass Ltd.
• Saint Gobain SA

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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.

Contact Us

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal