In-flight Entertainment and Connectivity Market Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “In-flight Entertainment and Connectivity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global in-flight entertainment and connectivity market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the in-flight entertainment and connectivity market?

The global in-flight entertainment and connectivity market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.0 Billion by 2028, exhibiting a growth rate (CAGR) of 9% during 2023-2028.

What is in-flight entertainment and connectivity?

In-flight entertainment and connectivity (IFEC) refers to the onboard internet connection and online entertainment services offered by airline companies to their customers. It comprises various non-portable electronic systems, such as seat electronic units, ethernet switches, embedded setback systems, and control units, to stream videos and play audio without cabin network congestion. It offers passengers flying in business and commercial class a wide range of infotainment, such as maps, social media, video games, connecting flight data, flight charts, short message service (SMS), attendant calls, shopping destination details, food menu, and lavatory status. It also provides various personalized features, such as booking transportation, tracking traffic, and planning destination-based activities.

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What are the growth prospects and trends in the in-flight entertainment and connectivity industry?

At present, the rising adoption of IFEC by airline companies for enhancing the in-flight experience of passengers represents one of the primary factors influencing the market positively. Besides this, the increasing development of airports around the world, along with the rising number of low-cost airlines, is contributing to the growth of the market. In addition, the growing integration of efficient portals in aircraft to enhance the bandwidth capacity and speed of electronic devices utilized by passengers is offering a favorable market outlook. Moreover, key market players are installing satellite communication (SATCOM) based IFEC systems to improve the existing flight entertainment packages, which is bolstering the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Aircraft Type:

  • Narrow-Body Aircraft
  • Wide-Body Aircraft
  • Business Jets
  • Others

Breakup by Component Type:

  • Content
  • Hardware
  • Connectivity

Breakup by Class:

  • Economy Class
  • Premium Economy Class
  • Business Class
  • First Class

Breakup by Technology:

  • Air-to-Ground Technology
  • Satellite Technology

Breakup by End User:

  • OEM
  • Aftermarket

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

  • BAE Systems Plc
  • Cobham Limited (Advent International)
  • Global Eagle Entertainment Inc.
  • Honeywell International Inc.
  • Lockheed Martin Corporation
  • Lufthansa Systems GmbH & Co. KG (Deutsche Lufthansa AG)
  • Panasonic Avionics Corporation (Panasonic Corporation)
  • Rockwell Collins Inc. (United Technologies Corporation)
  • Thales Group
  • The Boeing Company
  • Viasat Inc

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

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Fats and Oils Market Size, Trends, Growth, Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Fats and Oils Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global fats and oils market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the fats and oils market?

The global fats and oils market size reached US$ 223.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 284.1 Billion by 2022, exhibiting a growth rate (CAGR) of 4% during 2023-2028.

What are fats and oils?

Fats and oils involve a wide variety of glycerol-based esters with triacylglycerols that are naturally found in plants and animals. They constitute a crucial part of a healthy diet based on the high amount of essential fatty acids (EFAs). These EFAs aid in insulating organs, providing energy, and transporting A, D, E, and K vitamins through the blood. Fats and oils are extensively utilized in the food and beverages sector for flavoring, sauteing, frying and improving the texture of several food items. Moreover, they are also utilized in the production of animal feed, biodiesel, pharmaceuticals, biodiesel, and oleochemicals.

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What are the growth prospects and trends in the fats and oils industry?

The growing prevalence of chronic diseases, such as asthma, cancer, diabetes, and cardiovascular disorders, represents one of the key factors driving the market. Moreover, rising preferences for smart and precision drug delivery systems, which minimize the amount of drug required for therapeutic efficacy, are driving the demand for drug device combination products across the globe. Besides this, several market players are introducing advanced technologies for tracking and monitoring different products. They are also expending on extensive research and development (R&D) activities to develop next-generation products with high viscosity and formulations. Furthermore, the growing popularity of minimally invasive surgery (MIS) and portable devices like nebulizers and inhalers are other growth-inducing factors positively influencing the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

Oil Type

  • Palm Oil
  • Soybean Oil
  • Rapeseed Oil
  • Sunflower Oil
  • Olive Oil
  • Others

Fat Type

  • Butter
  • Shortenings and Margarine
  • Lard
  • Tallow
  • Others

Breakup by Application:

  • Food Applications
  • Industrial Applications

Breakup by Source:

  • Vegetable
  • Animal

Breakup by Sales Channel:

  • Direct Sales
  • Supermarkets and Hypermarkets
  • Retail Stores
  • Online Stores
  • Others

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

  • Ajinomoto Co. Inc.
  • Archer-Daniels-Midland Company
  • Associated British Foods plc
  • Bunge Limited
  • Cargill Incorporated
  • Conagra Brands Inc.
  • Fuji Oil Holding Inc.
  • Unilever
  • United Plantations Berhad
  • Wilmar International Limited.

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

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Blackstrap Molasses Market Size, Share & Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Blackstrap Molasses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global blackstrap molasses market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the blackstrap molasses market?

The global blackstrap molasses market size reached US$ 12.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.55% during 2023-2028.

What are blackstrap molasses?

Blackstrap molasses is a nutrient-rich byproduct of sugar production. It contains sugar and other beneficial nutrients, including iron. It is a bitter concoction obtained by extracting sugarcane juice by smashing and shredding a cane. It is extracted only at the third stage of boiling, also known as grade C molasses. It is a superfood that can substitute sugar with a healthy alternative. It contains essential nutrients, such as vitamins B-12, B6, manganese, iron, carbohydrate, selenium, potassium, calcium, and copper. It is highly beneficial for skin and hair, acts as a laxative that enhances digestion, improves bone health, assists in curing anemia, and reduces PMS-related issues.

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What are the growth prospects and trends in the blackstrap molasses industry?

The global market is majorly driven by the increasing product demand in the food and beverage industry. In line with this, the rising awareness among consumers regarding the benefits offered by the product is significantly contributing to the market. Furthermore, the growing product utilization in industrial fermentation is positively influencing the market. Apart from this, the escalating popularity of the product, particularly among individuals suffering from health conditions, such as diabetes, obesity, and anemia, is catalyzing the market. Due to its low cost and several health benefits, blackstrap molasses has emerged as an excellent alternative to refined sugar and other artificial sweeteners. This, in turn, is strengthening the market. Besides, the rapid utilization of the product in the production of alcohol via the ethanol fermentation process is favoring the market.

Additionally, blackstrap molasses are extensively used across numerous industries, such as food and beverages, cosmetics, fertilizers, skincare, and animal feed, thereby providing a boost to the market. Some of the other factors driving the market growth include the increasing sugarcane production, rising health consciousness among consumers, growing consumption of ready-to-eat (RTE) products, and the escalating prevalence of diabetes. On account of the factors above,the market is anticipated to reach a value of US$ 17.1 Billion by 2028, exhibiting a CAGR of 5.55% during 2023-2028.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Form:

  • Liquid
  • Powder

Breakup by Product:

  • Organic
  • Conventional

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Application:

  • Industrial Fermentation
  • Food and Beverages
  • Pharmaceutical
  • Animal Feed
  • Others

Breakup by Region:

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

Who are the key players operating in the industry?

The report covers the major market players including:

  • Allied Old English Inc.
  • B&G Foods Inc.
  • Buffalo Molasses LLC
  • Crosby Molasses Co Ltd.
  • Domino Speciality Ingredients (American Sugar Refining Inc.)
  • E D & F Man Holdings Limited
  • Louis Dreyfus Company B.V. (Louis Dreyfus Holding B.V.)
  • Malt Products Corporation
  • Sweet Harvest Foods (Natural American Foods Inc)
  • Zook Molasses Company

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

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Industrial Sensors Market Size & Share | Growth Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Industrial Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global industrial sensors market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the industrial sensors market?

The global industrial sensors market size reached US$ 22.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.97% during 2023-2028.

What are industrial sensors?

Industrial sensors refer to devices that can detect changes in the environment and provide subsequent signals or outputs accordingly. They can gauge inputs, such as light, heat, pressure, temperature, voltage, moisture, motion, etc., and aid in generating a response on the display screen for transmitting the information for processing. Some of the commonly utilized industrial sensors include proximity, inductive, photoelectric, capacitive, magnetic, ultrasonic, velocity, etc. They are critical for machine automation as they help in ensuring the accurate positioning of mechanical components and also provide feedback regarding their operational conditions. As a result, industrial sensors find extensive applications across various sectors, such as oil and gas, manufacturing, power generation, healthcare, etc.

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What are the growth prospects and trends in the industrial sensors industry?

The rising digitization levels across industries and the increasing need for industrial automation are primarily driving the industrial sensors market. Besides this, the growing adoption of wireless devices and the escalating requirement for improved efficiency of industrial units are further catalyzing the market growth. In addition to this, numerous organizations use industrial sensors to maximize their output, run equipment fault diagnostics, monitor plant assets, etc., which is also augmenting the global market. Moreover, the development of artificial intelligence (AI) and Internet of Things (IoT)-enabled smart sensors is acting as another significant growth-inducing factor. Furthermore, the emergence of Industry 4.0 trends and the expanding research and development (R&D) activities are anticipated to stimulate the industrial sensors market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Sensor:

  • Level Sensor
  • Temperature Sensor
  • Flow Sensor
  • Position Sensor
  • Pressure Sensor
  • Force Sensor
  • Image Sensor
  • Gas Sensor
  • Others

Breakup by Type:

  • Contact
  • Noncontact

Breakup by End Use Industry:

  • Mining, Oil and Gas
  • Manufacturing
  • Chemical
  • Energy and Power
  • Healthcare
  • Water and Wastewater Treatment
  • Aerospace and Defense
  • Others

Breakup by Region:

  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • ABB Ltd.
  • Amphenol Corporation
  • ams AG
  • Bosch Sensortec GmbH (Robert Bosch GmbH)
  • Honeywell International Inc.
  • NXP Semiconductors N.V.
  • Omega Engineering Inc. (Spectris Plc)
  • Panasonic Corporation
  • Renesas Electronics Corporation
  • Rockwell Automation
  • Siemens AG
  • STMicroelectronics
  • TE Connectivity Ltd
  • Texas Instruments Incorporated.

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

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United States Lawful Interception Market Size Global Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “United States Lawful Interception Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the United States lawful interception market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the United States lawful interception market?

The United States lawful interception market size reached US$ 1,134 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,148 Million by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.

What is a United States lawful interception?

Electronic surveillance known as “lawful interception” (LI) involves a network operator gathering and giving data and calls that have been intercepted to law enforcement organizations. It legally sanctions the access to target-based monitoring of public communication channels, including messages, telephone calls, and emails, while ensuring privacy protection. LI exhibits low operational costs and high-security standards, and is compatible with existing networks. It assists in collecting evidence against criminal activities on account of which it is considered a crucial tool in the investigation process.

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What are the growth prospects and trends in the United States lawful interception industry?

The rise of the United States LI market is primarily being driven by the profusion of smart gadgets, simple internet connectivity, and the increased information interchange through open internet protocol (IP)-based communication networks. This has resulted in an increase in illegal online activities and complex security threats, which is promoting the adoption of LI in the country. The Federal Government of the United States (US Federal Government) is implementing policies regarding the periodic monitoring of illicit activities across various communication networks, which is further propelling the market growth. Apart from this, improvements in smart device tracking systems are positively influencing the market growth across the country.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Network Technology:

  • Voice-Over-Internet Protocol (VoIP)
  • Long Term Evolution (LTE)
  • Wireless Local Area Network (WLAN)
  • Worldwide Interoperability for Microwave Access (WiMAX)
  • Digital Subscriber Line (DSL)
  • Public Switched Telephone Network (PSTN)
  • Integrated Services for Digital Network (ISDN)
  • Others

Breakup by Device:

  • Mediation Devices
  • Routers
  • Intercept Access Point (IAP)
  • Gateways
  • Switches
  • Management Servers
  • Others

Breakup by Communication Content:

  • Voice Communication
  • Video
  • Text Messaging
  • Facsimile
  • Digital Pictures
  • File Transfer
  • Others

Breakup by Service:

  • Professional Services
  • Managed Services
  • System Integrators

Breakup by End User:

  • Government & Public Affairs
  • Law Enforcement Agencies
  • Small & Medium Enterprises

Breakup by Region:

  • 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

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

Contact US

IMARC Group

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Data Preparation Market Share, Size & Industry Trends by 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Data Preparation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global data preparation market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the data preparation market?

The global data preparation market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.7 Billion by 2028, exhibiting a growth rate (CAGR) of 18.3% during 2023-2028.

What is data preparation?

Data preparation is the process of analyzing, structuring, combining, and organizing raw data into curated datasheets. It is commonly utilized for self-service data integration, science and discovery, business purposes, etc. Data preparation ensures consistent and high-quality data to organizations for optimizing data usage, interchangeability, collaboration, profiling, etc. It aids in standardizing data formats, enriching source data, and removing outliers. As a result, data preparation helps in making better business decisions, enhancing data quality, fixing errors, etc. These processes find extensive applications during mergers and acquisitions (M&A) activities across the globe.

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What are the growth prospects and trends in the data preparation industry?

The growing volumes of data generated by various organizations, coupled with the escalating demand for real-time insights into consumer behavior and preferences, are currently driving the data preparation market. Additionally, the rising adoption of automated solutions in data preparation systems is further augmenting the global market. In line with this, the increasing integration of advanced technologies, such as machine learning (ML) and artificial intelligence (AI), to interpret, read, and flatten complex data structures, is also catalyzing the product demand. Moreover, the sudden outbreak of the COVID-19 pandemic is elevating the demand for data preparation software to maintain large datasheets of the track records of affected patients and vaccinated individuals, which is bolstering the market growth. In the coming years, the rising demand for data analytical software by organizations to explore analytics, increase analyst productivity, and improve organizational data usage, is expected to fuel the data preparation market across the globe.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Platform:

  • Self-Service
  • Data Integration

Breakup by Tools:

  • Data Collection
  • Data Cataloguing
  • Data Quality
  • Data Governance
  • Data Ingestion
  • Data Curation

Breakup by Deployment Model:

  • On-premises
  • Cloud-based

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

Breakup by End User:

  • BFSI
  • Healthcare
  • Retail and E-Commerce
  • Manufacturing
  • Energy and Utilities
  • IT and Telecommunication
  • Transportation
  • Others

Breakup by Region:

  • 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

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

Contact US

IMARC Group

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

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

Email: sales@imarcgroup.com

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Electric Truck Market Size, Share, Trends, Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Electric Truck Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global electric truck market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the electric truck market?

The global electric truck market size reached US$ 515.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,556.1 Million by 2028, exhibiting a growth rate (CAGR) of 32.2% during 2023-2028.

What is the electric truck?

Electric trucks are electronic vehicles that run on batteries powered by the power grid. They are considered an efficient and cost-effective alternative to conventional fossil fuel trucks as they emit low CO2 emissions from vehicles, contributing to a greener environment. Furthermore, with the growing e-commerce sector, electric trucks are widely used to deliver products to remote locations. These factors are providing a positive thrust to the market growth.

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What are the growth prospects and trends in the electric truck industry?

The global electric truck market is primarily driven by various government initiatives and regulations that promote the adoption of zero-emission vehicles. The low maintenance cost of the electric trucks has also escalated their demand across several sectors such as logistics, municipal, construction, and mining. Besides this, the improvement in the electronic charging infrastructure and the utilization of magnetic resonance for wireless vehicle charging also acts as other growth-inducing factors. These trucks are extensively used in the commercial sector to deliver cargo due to their increased battery storage capacity.

What is included in market segmentation?

The report has segmented the market into the following categories:

Vehicle Type Insights:

  • Light-duty Truck
  • Medium-duty Truck
  • Heavy-duty Truck

Propulsion Insights:

  • Battery Electric Truck
  • Hybrid Electric Truck
  • Plug-in Hybrid Electric Truck
  • Fuel Cell Electric Truck

Range Insights:

  • 0-150 Miles
  • 151-300 Miles
  • Above 300 Miles

Application Insights:

  • Logistics
  • Municipal
  • Construction
  • Mining
  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • VolvoGroup
  • BYD Company Ltd.
  • Mercedes-Benz Group AG
  • China FAW Group Co. Ltd.
  • Isuzu Motors Ltd
  • Navistar Inc.
  • PACCAR Inc.
  • Rivian Automotive, Inc.
  • Volkswagen AG
  • Tata Motors Limited
  • Tesla, Inc.
  • Tevva Motors Limited.

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

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Global Online Grocery Market Size & Share Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 The study provides a detailed analysis of the industry, including the global online grocery market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is online grocery?

Online grocery shopping is a convenient method of purchasing food and household necessities due to its convenience. Consumers can easily place orders through mobile applications or commerce-based websites and schedule home deliveries from local stores or third-party e-retailers. They can browse various products, place orders, and choose from multiple payment methods, including debit or credit cards, cash-on-delivery, and net banking, with flexible return and exchange policies. Since it allows 24/7 access and enhances the ease and convenience of shopping for a broad range of grocery products, online grocery shopping is gaining immense traction across the globe.

Report Highlights

How big is the online grocery market?

Report Attributes Details
Market Size in 2022 US$ 420 Billion
Market Forecast in 2028 US$ 2,160.3 Billion
Growth rate (2023 to 2028) CAGR of 30.8%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What are the growth prospects and trends in the online grocery industry?

The global online grocery market is primarily driven by the rising adoption of online grocery shopping due to busy lifestyles and hectic working schedules. Moreover, the shifting consumer preferences toward hassle-free and smooth shopping experiences are positively influencing the market growth. Additionally, the escalating demand for convenient, time-saving, and cost-effective grocery solutions is another major growth-inducing factor. Besides this, the integration of voice ordering features with AI, big data, and IoT technologies in online grocery apps or websites has catalyzed market growth. Furthermore, the increasing number of online grocery suppliers offering slotted or express delivery options is contributing to the market growth. Other factors, including significant expansion in the e-commerce industry, rising penetration of high-speed internet connectivity, and rapid digitization, are also anticipated to drive the market further.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

  • Vegetables and Fruits
  • Dairy Products
  • Staples and Cooking Essentials
  • Snacks
  • Meat and Seafood
  • Others

Business Model Insights:

  • Pure Marketplace
  • Hybrid Marketplace
  • Others

Platform Insights:

  • Web-Based
  • App-Based

Purchase Type Insights:

  • One-Time
  • Subscription

Breakup by Region:

  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • Amazon.com Services LLC
  • Costco Wholesale Corporation
  • EDEKA ZENTRALE Stiftung & Co. KG
  • Fresh Direct, LLC
  • HappyFresh Group
  • Koninklijke Ahold Delhaize N.V.
  • Reliance Industries Limited (RIL)
  • Albertsons Companies, Inc.
  • Cygnus Home Service, LLC
  • Shopfoodex Co Inc.
  • Tesco PLC
  • The Kroger Co.
  • Walmart Inc.
  • Wm Morrison Supermarkets Limited

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

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Commercial Beverage Blender Market Size Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Commercial Beverage Blender Market by Material, Application, Distribution Channel, and Region 2023-2028” The study provides a detailed analysis of the industry, including the global commercial beverage blender market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the commercial beverage blender market?

Report Attributes Details
Market Size in 2022 US$ 10 Billion
Market Forecast in 2028 US$ 12.8 Billion
Growth rate (2023 to 2028) CAGR of 4.10%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is a commercial beverage blender?

A commercial beverage blender represents a specialized blender created for use in commercial settings, including bars, restaurants, cafes, and smoothie shops. Its main purpose is to quickly and efficiently blend and mix ingredients to produce numerous beverages, such as smoothies, milkshakes, frozen cocktails, and other blended drinks. These blenders also have large blending jars or pitchers to accommodate larger batches of beverages. Moreover, they offer several speed settings or pre-programmed blending cycles to cater to different recipes and drink preparations. Furthermore, commercial beverage blenders have user-friendly controls and safety features. They are made with materials that are easy to clean and maintain since cleanliness and hygiene are crucial in commercial food and beverage establishments.

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What are the growth prospects and trends in the commercial beverage blender industry?

The escalating demand for specialty drinks, including smoothies, milkshakes, and customized blended liquids in commercial establishments, such as cafes, juice bars, and restaurants, is primarily driving the commercial beverage blender market. Furthermore, the shifting preferences of the masses towards healthier lifestyles and the popularity of nutritious drinks have raised the requirement for fresh fruit and vegetable-based smoothies and juices, which are also augmenting the market growth. Apart from this, the widespread adoption of this blender in quickly blending these ingredients while preserving their nutritional value and fulfilling the needs of health-conscious consumers is positively influencing the global market.

Moreover, manufacturers of commercial beverage blenders are introducing new features to meet the changing demands, including improved motor power, programmable blending cycles, touch-screen controls, and noise-reduction technologies, which is further bolstering the market growth. Besides this, the implementation of stringent food safety regulations as the blender with features, such as easy-to-clean designs, dishwasher-safe components, and Bisphenol-A (BPA)-free materials help establishments comply with these regulations is expected to drive the commercial beverage blender market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Material Insights:

  • Plastic Containers
  • Stainless-Steel Containers
  • Glass Containers

Application Insights:

  • Juice Bars, Clubs and Pubs
  • Restaurants
  • Others

Distribution Channel Insights:

  • Offline
  • Online

Breakup by Region:

  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • Bianco Di Puro Gmbh & Co. Kg
  • Blendtec
  • Breville USA Inc.
  • Ceado srl
  • Cleanblend
  • Hamilton Beach Brands Holding Company
  • Kaapi Machines India Pvt. Ltd.
  • Omcan Inc.
  • Sammic S.L
  • Sas Bakery Equipments
  • Vita-Mix Corporation
  • Waring Commercial (Conair Corporation)

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

Contact US

IMARC Group

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Email: sales@imarcgroup.com

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Explainable AI Market Research Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Explainable AI Market by Component, Deployment, Application, End Use, and Region 2023-2028” The study provides a detailed analysis of the industry, including the global explainable AI market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the explainable AI market?

The global explainable AI market size reached US$ 5.32 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.83 Billion by 2028, exhibiting a growth rate (CAGR) of 18.34% during 2023-2028.

What is explainable AI?

Explainable AI refers to the ability of artificial intelligence (AI) systems to offer understandable explanations and justifications for their decisions and actions, enabling humans to comprehend and trust these outcomes. This is achieved through the use of interpretable explanations. Techniques employed in explainable AI include visualizations, natural language explanations, rule-based systems, and feature importance analysis. By providing transparency and insights into the decision-making process of artificial intelligence, this solution promotes accountability, fairness, and ethical use of AI in various sectors, such as healthcare, finance, and autonomous vehicles.

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What are the growth prospects and trends in the explainable AI industry?

The emerging trend of automation across several industries, aiming to save time and resources, and improve decision-making accuracy, is among the primary factors driving the explainable AI market. Besides this, the escalating demand for regulatory scrutiny and compliance toward the transparency and explainability of artificial intelligence processes and outcomes to ensure reliability, accountability, and ethical use is further augmenting the market growth. Moreover, the elevating requirement for explainable AI in risk management to identify and mitigate potential dangers, errors, or biases in models, thereby avoiding negative impacts on business operations and customer experiences, is also catalyzing the global market.

Apart from this, the rising awareness toward the benefits of ethical and responsible artificial intelligence for addressing concerns related to biased decision-making, privacy violations, and potential chances and the development of systems that can provide human-interpretable explanations for their decision-making processes are acting as significant growth-inducing factors. Furthermore, the ongoing product innovations and advancements in machine learning (ML) and natural language processing (NLP) technologies, enhancing the capabilities of this technology, are anticipated to propel the explainable AI market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Component:

  • Solution
  • Services

Breakup by Deployment:

  • Cloud
  • On-premises

Breakup by Application:

  • Fraud and Anomaly Detection
  • Drug Discovery and Diagnostics
  • Predictive Maintenance
  • Supply Chain Management
  • Identity and Access Management
  • Others

Breakup by End Use:

  • Healthcare
  • BFSI
  • Aerospace and Defense
  • Retail and E-commerce
  • Public Sector and Utilities
  • IT and Telecommunication
  • Automotive
  • Others

Breakup by Region:

  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • DarwinAI
  • DataRobot Inc.
  • Google LLC (Alphabet Inc.)
  • International Business Machines Corporation
  • Kyndi Inc.
  • SAS Institute Inc.
  • Seldon Technologies Limited

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

About Us

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

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

Contact US

IMARC Group

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

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

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

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