Lateral Flow Assay Market Growth, Demand, Share, Trends & Forecast 2022-2027

According to the latest report by IMARC Group “Lateral Flow Assay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global lateral flow assay market size reached US$ 9.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2027, exhibiting a growth rate (CAGR) of 5.2% during 2022-2027.

Lateral flow assay (LFA) refers to a paper-based platform that detects and quantifies analytes in complex mixtures. It helps test biological samples such as saliva, urine, sweat, serum, plasma, blood, and other fluids. It facilitates the production of low-cost, simple, rapid, and portable detection devices in various fields, including biomedicine, agriculture, food, and environmental sciences. It also aids in the qualitative and quantitative detection of specific agents, antibodies, and gene amplification. As a result, LFA finds extensive applications in hospitals and clinical laboratories across the globe.

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Lateral Flow Assay Market Trends and Drivers:

The global lateral flow assay market is primarily driven by the rising need for an alternative method of sending patient samples to the laboratory amid the sudden coronavirus disease (COVID-19) outbreak. Moreover, the increasing shortage of extensive laboratory facilities and trained health workers to efficiently conduct polymerase chain reaction (PCR) tests is positively influencing the market growth. Additionally, the rising prevalence of infectious diseases requiring new diagnostic methods for effective treatment has catalyzed market growth. Furthermore, the introduction of novel signal enhancement techniques by key players that improve quantification systems and simultaneous detection is contributing to the market growth. Other factors, including rising awareness programs aimed at enhancing the spread of infection diagnosis and prevention, escalating demand for point-of-care (POC) testing, and increasing patient awareness, are also anticipated to drive the market further.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Technique:

  • Sandwich Assays
  • Competitive Assays
  • Multiplex Detection Assays

Breakup by Product:

  • Kits and Reagents
  • Lateral Flow Readers
    • Digital/Mobile Readers
    • Benchtop Readers

Breakup by Application:

  • Clinical Testing
    • Infectious Disease Testing
    • Cardiac Marker Testing
    • Pregnancy and Fertility Testing
    • Cholesterol Testing/Lipid Profile
    • Drug Abuse Testing
    • Others
  • Veterinary Diagnostics
  • Food Safety and Environment Testing
  • Drug Development and Quality Testing

Breakup by End User:

  • Hospitals and Clinics
  • Diagnostic Laboratories
  • Home Care
  • Pharmaceutical and Biotechnology Companies
  • 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:

  • Abbott Laboratories
  • Becton Dickinson and Company
  • Biomérieux SA
  • Bio-Rad Laboratories Inc.
  • Danaher Corporation
  • F. Hoffmann-La Roche AG
  • Hologic Inc.
  • Merck KGAA
  • Perkinelmer Inc
  • Qiagen N.V.
  • Quidel Corporation
  • Siemens Healthineers AG (Siemens AG)
  • Thermo Fisher Scientific Inc.

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Loyalty Management Market Share, Scope, Growth, Trends & Forecast 2022-2027

According to the latest report by IMARC Group “Loyalty Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global loyalty management market size reached US$ 2.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2027, exhibiting a growth rate (CAGR) of 21.47% during 2022-2027.

Loyalty management is an innovative data-driven tool that helps businesses acquire, engage, and retain customers. It is designed to promote repeat business, providing individuals rewards for store loyalty. It is integrated with the campaign management system that automates the sending of emails and short message services (SMS). In addition to this, it increases brand awareness, improves the customer experience, and offers relevant benefits, such as miles, discounts, revenue, points, coupons, or cash back. Since it is highly reliable, convenient, and easy to use and enables the management, collection, and use of customer data, loyalty management is gaining immense popularity among businesses across the globe.

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Market Trends:

The market is primarily driven by the expanding e-commerce and retail sector. In addition, the growing shift toward a customer-centric approach by business organizations and the increasing penetration of improved internet services, leading to easy access to the internet through smartphones, tablets, and laptops are contributing to market growth. Moreover, various technological advancements, such as the introduction of machine learning (ML), artificial intelligence (AI), and big data in loyalty management programs to analyze large amounts of data from survey forms, wearable devices, smartphones, and cookies while assessing consumer perception and making effective loyalty programs, represent other major growth-inducing factors. Besides this, the widespread adoption of loyalty management in the hospitality, information and technology (IT), transportation, media and entertainment, manufacturing, retail, and banking, financial services, and insurance (BFSI) industries for client retention and sustainable customer relationships is creating a positive market outlook.

Breakup by Type:

  • Customer Retention
  • Customer Loyalty
  • Channel Loyalty

Breakup by Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by Industry Vertical:

  • BFSI
  • Retail
  • Travel and Hospitality
  • Manufacturing
  • IT and Telecom
  • Media and Entertainment
  • Healthcare
  • 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:

  • Annex Cloud
  • Bond Brand Loyalty Inc.
  • Comarch SA
  • Epsilon Data Management LLC
  • Fidelity Information Services Inc.
  • ICF International Inc.
  • Kobie Marketing Inc.
  • LoyaltyLion
  • Oracle Corporation
  • Paystone Inc.
  • SAP SE
  • TIBCO Software Inc.

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Non-Lethal Weapons Market Growth, Share, Trends & Forecast 2022-2027

According to the latest report by IMARC Group “Non-Lethal Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global non-lethal weapons market reached a value of US$ 7.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.3 Billion by 2027, exhibiting at a CAGR of 7.2% during 2022-2027.

Non-lethal weapons (NLWs) are intended to incapacitate individuals and equipment while reducing fatalities, permanent injuries to personnel, and damage to property in the targeted area or environment. Some NLWs deliver electric shocks, disperse rapid-hardening foam to limit access to or disable machinery, and spread slippery material to make roads impassable. They are particularly useful in de-escalating situations, as they can have reversible effects, such as physical and psychological effects on the intended targets. As a result, non-lethal weapons are widely adopted for performing military policing activities, such as dispersal, convoy protection, route control, crowd control, prisoner transport, and security or guard duty across the globe.

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Market Trends:

The market is primarily driven by the growing unrest among individuals across the globe. In addition, the escalating demand for non-lethal weapons (NLWs) due to their benefits, such as being portable, safe, and cost-effective, and providing security personnel with a legal way of self-defense, is contributing to the market growth. Moreover, various government sectors are taking the initiative to invest in and support NLWs to safeguard the military and preserve peace which represents another major growth-inducing factor. Besides this, the integration of batons, pepper spray, and stun guns, owing to their benefits such as portability, compactness, and economical and legal alternative to self-defense in hazardous situations, is accelerating the product adoption rate. Furthermore, key market players are expanding their product offerings by incorporating advanced technologies such as long-range acoustic devices, enhanced underwater loudhailers, laser interdiction systems, acoustic hailing devices, and modular crowd control munitions, which is creating a positive market outlook.

Breakup by Product Type:

  • Gases and Sprays
  • Grenades
  • Bullets
  • Taser Guns
  • Others

Breakup by Technology:

  • Chemical
  • Electroshock
  • Mechanical and Kinetic
  • Acoustic/Light
  • Others

Breakup by End User:

  • Law Enforcement Agencies
  • Military
  • Citizens

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:

  • Byrna Technologies Inc.
  • Combined Systems Inc.
  • FN Herstal
  • General Dynamics Corporation
  • Intelligent Optical Systems Inc.
  • Lamperd Less Lethal Inc.
  • Mace Security International Inc.
  • Moog Inc.
  • Nonlethal Technologies Inc.
  • Raytheon Technologies Corporation
  • Rheinmetall AG
  • Textron Inc.
  • Zarc International Inc.

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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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Biological Safety Cabinet Market Demand, Growth, Trends & Forecast 2022-2027

According to the latest report by IMARC Group “Biological Safety Cabinet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global biological safety cabinet market size reached US$ 207 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 320.5 Million by 2027, exhibiting a growth rate (CAGR) of 7.47% during 2022-2027.

A biological safety cabinet (BSC), or microbiological safety cabinet, is an enclosed, ventilated laboratory workspace designed to protect the surrounding environment and personnel from pathogenic microorganisms. It comprises high-efficiency particulate absorbing (HEPA) filtration systems that decontaminate the air flowing out of the cabinet. Depending on the level of product protection, biosafety cabinets are classified into I, II and III classes. Amongst these, class I and II cabinets are primarily used for the safe manipulation of moderate- and high-risk microorganisms. On the other hand, class III BSCs are ideal for working with hazardous agents with biosafety levels 3 and 4. These workspaces can be customized according to the user preference to obtain optimum control over quality and minimize contamination risks.

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Market Trends:

The BSC market growth is majorly being driven by the increasing risks of communicable diseases and the sudden outbreak of coronavirus disease (COVID-19) across the globe. Additionally, significant expansion in the biotechnology and life sciences sectors is further propelling the market growth. Besides this, the rising expenditure in the improvement of healthcare infrastructure and numerous investments in research and development (R&D) by pharmaceutical and biopharmaceutical companies are positively influencing the market growth. Moreover, diagnostic labs and pharmaceutical manufacturers are increasingly utilizing BSCs to maintain the microbiological quality of drugs, which is acting as a growth-inducing factor for the market. Furthermore, the introduction of advanced product variants with improved construction, airflow pattern, velocities and exhaust systems is creating a positive outlook for the market.

Breakup by Type:

  • Class I
  • Class II
    • Class II Type A
    • Class II Type B
  • Class III

Breakup by End User:

  • Pharmaceutical and Biopharmaceutical Companies
  • Diagnostic and Testing Laboratories
  • Academic and Research Institutions

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:

  • Air Science
  • Berner International
  • BIOBASE
  • Esco Micro Pte Ltd.
  • EUROCLONE SPA (AddLife Development AB)
  • Germfree Laboratories
  • Kewaunee Scientific Corporation
  • Labconco
  • NuAire (Polypipe)
  • The Baker Company, Inc.
  • Thermo Fisher Scientific Inc.

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Wireless Broadband in Public Safety Market Share, Growth, Demand & Forecast 2023-2028

According to the latest report by IMARC Group “Wireless Broadband in Public Safety Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global wireless broadband in public safety market size reached US$ 24.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 91.9 Billion by 2028, exhibiting a growth rate (CAGR) of 23.64% during 2023-2028.

Wireless broadband in public safety deals with a high-speed internet solution that facilitates seamless communication among various entities, such as federal agencies, local and state governments, public safety organizations, and private organizations. The primary purpose is to enhance public preparedness for emergencies and enable responses to disasters and other accidental situations. They employ several technologies to improve communication and interoperability, including wireless mobile networks, real-time data transfer applications, Long-Term Evolution (LTE) mobile communicators, and radio management systems. They are widely deployed to capture real-time critical information that aids in automatic vehicle tracking, video surveillance and monitoring, integrated device monitoring, and data device monitoring. Nowadays, wireless broadband in public safety is widely used by area security, police, highway control, disaster management, and medical emergency service authorities across the globe.

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Market Trends:

The market is primarily driven by the rising demand for efficient public safety systems to obtain real-time information and ensure improved public safety. In addition, the recent onset of the coronavirus (COVID-19) pandemic has prompted employees to shift their base from urban to rural areas, which in turn has accelerated the demand for high-speed internet services to operate computers, smartphones, and laptops. Moreover, several technological advancements, such as the incorporation of connected devices with artificial intelligence (AI) and the internet of things (IoT) solutions, represent other major growth-inducing factors. Besides this, various governments are implementing favorable policies to ensure public safety, which is propelling market growth. Furthermore, the widespread adoption of wireless broadband in public safety in critical communication applications such as ports, roads, railways, metros, and airports are creating a positive market outlook.

Breakup by Type:

  • Fixed
  • Mobile

Breakup by Offering:

  • Hardware
  • Software
  • Services

Breakup by Application:

  • Video Surveillance and Monitoring
  • Automatic Vehicle Tracking
  • Real-time Incident Management
  • GIS (Geographic Information System)
  • People Control and Management
  • Others

Breakup by End User:

  • Department of Police
  • Department of Disaster Management
  • Medical Emergency Service Providers
  • 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:

  • AT&T Inc.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • General Dynamics Corporation
  • Hitachi Ltd.
  • Huawei Technologies Co. Ltd.
  • L3Harris Technologies Inc.
  • Motorola Solutions Inc.
  • Nokia Corporation
  • Telefonaktiebolaget LM Ericsson
  • Verizon Communications Inc.
  • ZTE Corporation.

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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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Lateral Fitness Equipment Market Size, Share, Growth, Trends & Forecast 2022-2027

According to the latest report by IMARC Group, titled “Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global lateral fitness equipment market size reached US$ 5.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2027, exhibiting a growth rate (CAGR) of 10.07% during 2022-2027.

Lateral fitness equipment refers to a device or machine that is required for physical exercise. It is embedded with a smooth 3D motion from a vertical elliptical stepping to an active side-to-side motion. It challenges the entire body for conditioning and improved results. It aids in providing operational challenges, burning more calories, achieving a faster heart rate, and strengthening and protecting the knees. Besides this, lateral fitness equipment also targets glutes, hips, inner and outer thighs, etc., and is widely used by individuals recovering from an injury.

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Market Trends:

The elevating levels of urbanization, sedentary lifestyles, and the rising consumption of fast food are driving the lateral fitness equipment market. In addition to this, the increasing prevalence of arthritis, diabetes, and cardiovascular diseases across the globe, is also propelling the market growth. Furthermore, the escalating penetration of the high-speed internet and the strong influence of social media platforms are encouraging people to enroll in online fitness classes worldwide. This, in turn, is catalyzing the product demand. Apart from this, the growing sales of lateral fitness equipment via online channels offering discounts and at-home delivery are further impelling the global market. Moreover, continuous product innovations and rising investments in advertisements are expected to fuel the lateral fitness equipment market in the coming years.

Breakup by Type:

  • Treadmill
  • Elliptical
  • Exercise Bike
  • Shoulder Press Machines
  • Chest Press Machine

Breakup by Body Type:

  • Upper Body
  • Lower body

Breakup by Distribution Channel:

  • Online Stores
  • Offline Stores

Breakup by End User:

  • Gyms and Fitness Centres
  • Household
  • Therapeutic Hospitals
  • Hotels and Corporate Offices
  • 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:

  • Core Health & Fitness LLC
  • Cybex International Inc. (Brunswick Corporation)
  • IFIT.com (ICON Health & Fitness)
  • Impulse (Qingdao) Health Tech Ltd. Co
  • Johnson Health Tech Co. Ltd
  • Nautilus Inc
  • Technogym S.p.A
  • Total Fitness Equipment
  • True Fitness Technology Inc

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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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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Digital Dose Inhaler Market Share, Growth, Trends & Forecast 2022-2027

According to the latest report by IMARC Group “Digital Dose Inhaler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global digital dose inhaler market reached a value of US$ 2.49 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.85 Billion by 2027, exhibiting at a CAGR of 15.1% during 2022-2027.

Digital dose inhalers are used by patients who have asthma and chronic obstructive pulmonary disease (COPD). They have sensors that track the time of medication administration and offer a low-dose warning indicator. Besides this, they have large display screens for easy accessibility and understanding by varied patients. As they are integrated with advanced technology to enable the automatic transfer of data, they are gaining immense traction across the globe.

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Market Trends:

There is currently a growing prevalence of chronic respiratory diseases (CRDs), such as lung disorders, bronchial asthma, and pulmonary hypertension (PH), which can be accredited to rising pollution levels and occupational dust exposure.This represents one of the key factors positively influencing the demand for digital dose inhalers around the world. Besides this, governing agencies of several countries and non-governmental organizations (NGOs) are spreading awareness about CRDs and available treatments. This is strengthening the growth of the market. The market is further propelled by the introduction of capsule-based and disposable dry powder inhaler (DPI) devices.

Breakup by Type:

  • Branded Medication
  • Generics Medication

Breakup by Product:

  • Metered Dose Inhaler
  • Dry Powder Inhaler

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:

  • 3M Company
  • AstraZeneca plc
  • GlaxoSmithKline plc
  • Glenmark Pharmaceuticals Limited
  • H&T Presspart Manufacturing Ltd.
  • Koninklijke Philips N.V.
  • Lupin Limited
  • Novartis AG
  • OPKO Health Inc.
  • Propeller Health (ResMed)
  • Sensirion AG Switzerland
  • Teva Pharmaceutical Industries 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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Leather Goods Market Analysis 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “Leather Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global leather goods market size reached US$ 370.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 505.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Leather goods are manufactured by tanning or chemically treating leather. They comprise various items, such as shoes, belts, bags, suitcases, furniture covers, book covers, hats, gloves, wristwatch straps, purses, toys, jackets, pants, and cases. They also include percussion instruments, quivers, motorcycle seats, car seat covers, knife sheaths, baseballs, horse reins, coasters, saddles, and punching bags. They are waterproof as leather goods are coated with melted wax or rubbing wax sticks. They are fire-resistant, lightweight, skin-friendly, and have a long shelf life. They can retain their elasticity and shape after rigorous usage. They are easy to clean, malleable, and more beneficial compared to their synthetic counterparts. They are used in cold climates as leather goods provide thermal insulation and restrict the passage of internal heat. As they can be customized with patterns, textures, and brand logos for effective marketing, the demand for leather goods is rising worldwide.

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Market Trends

At present, the increasing demand for leather goods due to the rising utilization of eco-friendly and recyclable products around the world represents one of the primary factors influencing the market positively. Besides this, the growing utilization of lightweight and compact luggage items to easily carry them while traveling long distances and avoid extra airline luggage fees is offering a favorable market outlook. In addition, governing agencies of various countries are undertaking initiatives to support the leather industry by providing financial assistance to leather artisans and increasing the import and export of leather goods. Apart from this, there is an increase in the demand for leather goods among the masses due to changing fashion trends. This, along with the rising number of footwear and clothing brands displaying limited edition leather products in fashion shows, is propelling the growth of the market. Additionally, various luxury brands are adopting effective marketing strategies, such as social media, influencer, digital, and content marketing, to connect with their targeted customers and boost product sales. Moreover, the rising number of offline stores and online distribution channels selling premium quality leather goods, such as handbags, trench coats, boots, and wallets, is supporting the growth of the market. Furthermore, key manufacturers are introducing sustainable processing methods by extracting cellulose derivatives from downstream wastes of sugar sectors and employing them in leather finishing. They are also adopting waterless chrome tanning technology (WLTC) to reduce the wastage of water and improve the quality of leather goods, which is bolstering the growth of the market.

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List of Key Companies Covered in this Market Report:

  • Adidas AG
  • American Leather Holdings LLC
  • Capri Holdings Limited
  • Hermès International S.A.
  • Kering S.A.
  • LVMH
  • Prada S.p.A
  • Puma SE
  • Tapestry Inc.
  • VIP Industries (Piramal Group)
  • Woodland (Aero Group).

The report has segmented the market on the basis of product, material type, price, distribution channel and geography.

Breakup by Product:

  • Footwear
    • Military Shoes
    • Casual Shoes
    • Formal Shoes
    • Sports Shoes
    • Others
  • Other Leather Products
    • Upholstery
    • Luggage
    • Accessories
    • Clothing & Apparel
    • Bags, Wallets and Purses
    • Others

Breakup by Material Type:

  • Genuine Leather
    • Top-grain Leather
    • Split-grain Leather
  • Synthetic Leather
    • PU-Based Leather
    • PVC-Based Leather
    • Bio-Based Leather

Breakup by Price:

  • Premium Products
  • Mass Products

Breakup by Distribution Channel:

  • Clothing and Sportswear Retailers
  • Departmental Stores
  • Supermarkets and Hypermarkets
  • Online Stores
  • Others

Breakup by Geography:

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

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can 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
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Business Jet Market 2023-2028: Global Industry Analysis, Share, Size, Growth and Forecast

According to IMARC Group’s latest report, titled “Business Jet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global business jet market size reached US$ 18.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

Business jets, also known as bizjets or private jets, are specialized aircraft designed to transport a small group of individuals. Some commonly available business jets include propeller-driven jets, single-pilot airplanes, turbine aircraft, and piston jets. They are available in various classes, including light, mid-size, large, and long-range jets. As a result, business jets are employed by sports figures, government officials, corporate executives, and individuals for VVIP transportation, leisure travel, business tours, and short-haul flights. Nowadays, business jets are gaining immense traction to transport goods for armed forces, express parcel deliveries, and casualty evacuation across the globe.

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Market Trends

The market is primarily driven by significant growth in the aviation industry and the escalating demand for long-range jets. In line with this, business jets offer numerous benefits, such as reduced travel time, on-demand flight scheduling, and ensuring privacy for passengers to conduct business while in flight, which is contributing to market growth. Moreover, the introduction of Electric Vertical Take-off and Landing (eVTOL) aircraft with superior urban air mobility and innovative connectivity solutions, such as interiors, avionics, and more efficient engines in the jets, represents another major growth-inducing factor. Besides this, key players are investing in hydrogen fuel-cell power jets due to their high efficiency and zero emissions qualities, accelerating the product adoption rate. Furthermore, the introduction of consumer-centric business models and membership programs, rising disposable incomes, growing regional air travel, and extensive research and development (R&D) activities among leading players are propelling the market growth.

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List of Key Companies Covered in this Market Report:

  • Airbus
  • Bombardier Inc.
  • Dassault Aviation
  • Embraer S.A.
  • Gulfstream Aerospace
  • Honda Aircraft Company
  • Pilatus Aircraft
  • Piper Aircraft
  • Saab AB
  • Textron Inc.
  • The Boeing Company

The report has segmented the market on the basis of type, business model, range, point of sale and geography.

Breakup by Type:

  • Light
  • Medium
  • Large

Breakup by Business Model:

  • On-Demand Service
    • Air Taxis
    • Branded Charters
    • Jet-Card Programs
  • Ownership
    • Fractional Ownership
    • Full Ownership

Breakup by Range:

  • < 3,000 NM
  • 3,000 – 5,000 NM
  • > 5000 NM

Breakup by Point of Sale:

  • OEM
  • Aftermarket

Breakup by Geography:

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

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can 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
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Data Center Construction Market Analysis 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “Data Center Construction Market: Industry Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global data center construction market size reached US$ 51.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 80.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.7% during 2023-2028.

Data center construction refers to the collective process of physically constructing a data center facility with sufficient capacity, disaster recovery systems, minimal wiring requirements, and an efficient layout that fulfills all necessary functions. It involves numerous tasks such as engineering, project management, planning, and preventative maintenance. It usually comprises data communication connections, security devices, power supplies, and air conditioning and fire suppression systems, which ensures that resources are optimally utilized, and all environmental factors are considered. As a result, data center construction is widely adopted in oil and gas, media and entertainment, retail, banking, financial services and insurance (BFSI), information and technology (IT), telecommunication, and healthcare sectors across the globe.

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Market Trends

The market is primarily driven by the significant expansion in the information and technology (IT) industry. In addition, the escalating demand for data center construction due to the increasing penetration of connected devices and easy access to the internet is contributing to market growth. Moreover, the emergence of cloud-based systems, the Internet of Things (IoT), and big data analytics to process numerous data, such as videos and audio, and the development of edge computing represent other major growth-inducing factors. Furthermore, large data centers are extensively constructed across various sectors to enhance networking infrastructure, computing ability, memory, and storage resources. Besides this, the increasing focus on green data centers that use low-emission building materials and promote sustainable ecosystems and efficient waste recycling is also creating a positive market outlook.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2358&flag=C

List of Key Companies Covered in this Market Report:

  • AECOM (NYSE: ACM)
  • DPR construction Inc.
  • Eaton Corporation Inc. (NYSE: ETN)
  • Fujitsu Limited (TYO: 6702)
  • Holder Construction Company
  • Legrand SA (EPA: LR)
  • Rittal GmbH & Co. KG
  • Schneider Electric SE (EPA: SU)
  • Tripp Lite
  • Turner Construction
  • Vertiv Group Corporation. (NYSE: VRT)

The report has segmented the market on the basis of construction type, data center type, tier standard, vertical and geography.

Breakup by Construction Type:

  • Electrical Construction
    • UPS
    • Rack PDU (Power Distribution Unit)
    • Generators
    • Transfer Switches and Switchgears
    • Others
  • Mechanical Construction
    • Cooling Systems
    • Racks
    • Others

Breakup by Data Center Type:

  • Mid-Size Data Centers
  • Enterprise Data Centers
  • Large Data Centers

Breakup by Tier Standards:

  • Tier I & II
  • Tier III
  • Tier IV

Breakup by Vertical:

  • Public Sector
  • Oil & Energy
  • Media & Entertainment
  • IT & Telecommunication
  • Banking, Financial Services and Insurance (BFSI)
  • Healthcare
  • Retail
  • Others

Breakup by Geography:

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

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can 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
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group