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Global Body Armor Market Size, Industry Share | Trends 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Body Armor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global body armor 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 body armor market?

The global body armor market is expected to exhibit a growth rate (CAGR) of 5.1% during 2023-2028.

What is body armor?

Body armor refers to the protective clothing worn by soldiers to safeguard themselves against penetrative threats on the battlefield. It is produced from various materials, such as aramid, steel, aluminum oxide, silicon, boron carbide, etc. Body armor is also used by law enforcement personnel as safety equipment from assaults and attacks involving shell fragments, knives, and high-velocity bullets. The key market players utilize advanced synthetic fibers to develop flexible, lightweight, and covert products for better wearer protection. As a result, body armor finds widespread applications in the defense, military, and civil sectors.

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What are the growth prospects and trends in the body armor industry?

The escalating demand for modern, high-tech, and lightweight protective gear by the military forces in combat environments, on account of the increasing defense budgets by security agencies across the globe, is primarily driving the body armor market. Besides this, the introduction of high-performance and reduced-weight bodysuits using ultra-high molecular weight polyethylene (UHMWPE) is also augmenting the market growth. Moreover, the inflating need for ceramic-based body armors to protect the heart against high-velocity rifle ammunition and in mental healthcare facilities to improve the safety of the workers from patient violence and aggression is catalyzing the global market. Apart from this, the growing popularity of bodysuits to safeguard individuals during car accidents is acting as another significant growth-inducing factor. Furthermore, the rising number of customization services offered by the leading manufacturers which combine advanced engineering with high-quality materials to produce state-of-the-art protective gear is expected to bolster the body armor market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

Soft Armors
- Plates and Inserts
- Shields
Hard Armors
- Plates and Inserts
- Shields
Helmets
Others

Breakup by Type:

Covert
Overt

Breakup by Level:

Level II
Level IIA
Level III
Level IIIA
Level IV

Breakup by Material:

Steel
Ultra-High Molecular Weight Polyethylene (UHMWPE)
Aramid
Composite Ceramic
- Aluminium Oxide
- Boron Carbide
- Silicon Carbide
- Others
Others

Breakup by Application:

Military
Civil
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:

Armored Republic LLC.
BAE Systems Plc
Ballistic Body Armor Pty
Craig International Ballistics Pty. Ltd.
Hellweg International PTY Ltd.
Honeywell International Inc.
Kejo Limited Company
Pacific Safety Products Inc
Point Blank Enterprises Inc.
Safariland LLC. (Maui Acquisition Corp.)
The 3M Company and U.S. Armor 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.

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Fiber Laser Market Size, Outlook, Trends & Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled “Fiber Laser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global fiber laser 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 fiber laser market?

The global fiber laser market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.

What is fiber laser?

A fiber laser uses an optical fiber as an active medium doped in rare-earth elements like erbium, ytterbium, neodymium, thulium, praseodymium, holmium, and dysprosium. It is alignment and maintenance-free and offers advantages, including adaptability, compactness, reliability, cost-effectiveness and high energy levels.It is currently available in numerous forms, which can be adopted for welding heavy sheets of metal and producing femtosecond pulses.

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What are the growth prospects and trends in the fiber laser industry?

Rapid industrialization, in confluence with the rising adoption of advanced technologies to enable automation in various manufacturing processes, represents one of the key factors bolstering market growth. Apart from this, due to the growing prevalence of chronic diseases among individuals, fiber lasers are gaining traction in the healthcare industry. They are used in dentistry, photodynamic therapy, and biomedical sensing for mid-infrared spectroscopy. Moreover, with the rising demand for electric vehicles (EVs), the application of fiber lasers is anticipated to rise in the internal combustion engines (ICEs).

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

Infrared Fiber Laser
Ultraviolet Fiber Laser
Ultrafast Fiber Laser
Visible Fiber Laser

Breakup by Application:

Cutting
Welding
Marking
Fine and Micro Processing
Medical
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:

ABB Ltd.
Amonics Limited
Apollo Instruments Inc.
Coherent Inc.
Cy-laser S.r.l.
IPG Photonics Corporation
MKS Instruments Inc.
Omron Corporation
NKT Photonics A/S
Toptica Photonics
Trumpf GmbH + Co. KG

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Gummy Vitamins Market Size, Share, Growth | Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled “Gummy Vitamins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global gummy vitamins 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 gummy vitamins market?

The global gummy vitamins market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.25% during 2023-2028.

What is a gummy vitamins?

Gummy vitamins are chewable nutraceuticals that have a texture and taste like gummy candies. They are prepared using water, sugar, gelatin, corn starch, fruit-based flowers, and additional colorings. They are easy to swallow, absorb, and digest compared to conventionally used pills or capsules. Presently, they are available in a wide range of shapes, sizes, flavors, and colors, which are consumed by both adults and children to increase their in take of specific nutrients, such as calcium, magnesium, iron, and vitamins A, B, C, D, and E.

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What are the growth prospects and trends in the gummy vitamins industry?

Increasing health consciousness, along with the rising awareness among the masses about the benefits of consuming dietary supplements to maintain a healthy lifestyle, represents one of the key factors driving the market. Furthermore, the widespread adoption of vitamin C supplements to enhance immunity against the coronavirus (COVID-19) infection is promoting market growth. Moreover, inflating disposable income, along with the launch of gummy vitamins in novel flavors like apple, pineapple, lime, and cherry, using natural and organic ingredients, is bolstering the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Single Vitamin
Multi-Vitamin
Prebiotics and Probiotics

Demographics Insights:

Children
Adult

Sales Channel Insights:

Supermarkets and Hypermarkets
Speciality Stores
Retail Pharmacies
Online Stores

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:

Bayer AG
Bettera Wellness LLC
Church Dwight Co. Inc.
Hero Nutritionals
Ion Labs Inc. (DCC plc)
Nature’s Way Products LLC. (Dr. Willmar Schwabe GmbH Co. KG)
Pfizer Inc.
Pharmavite (Otsuka Pharmaceutical Co. Ltd)
Santa Cruz Nutritionals
SmartyPants Vitamins (Unilever plc)
The Honest Company Inc.
Vitakem Nutraceutical Inc.

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Lager Market Size, Industry Share & Trends 2028

IMARC Group, a leading market research company, has recently releases report titled “Lager Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global lager 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 lager market?

The global lager market size reached US$ 340.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 401.5 Billion by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028.

What is lager?

Lager is a bottom-fermented beer that is produced at low temperatures with a slow fermentation and refrigeration process. The low-temperature process enhances the stability of the beer for attaining the desired flavor, fragrance, and color. Lager usually has a mellow, smooth, light, and crisp taste and more carbonation as compared to ale beer. It contains a rich amount of potassium, carbohydrates, protein, etc., that help in mitigating the risk of several cardiovascular diseases.

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What are the growth prospects and trends in the lager industry?

The growing consumption of beer across the globe represents one the key factors driving the market for lager. Furthermore, the introduction of various innovative beer flavors, such as apple, cheese, blueberry, chocolate, lemon, etc., is also catalyzing the market growth. Moreover, growing consumer awareness towards the negative health impact of artificial ingredients in beer has led to an increasing demand for organic beer variants, thereby further propelling the global market. Additionally, the emergence of online retail channels has resulted in growing beer consumption which is further expected to drive the market for lager.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

Standard
Premium

Breakup by Distribution Channel:

On-Trade
Supermarkets and Hypermarkets
Specialist Retailers
Convenience 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:

Anheuser-Busch Companies LLC
Asahi Breweries Ltd.
Carlsberg Breweries A/S
China Resources Beer (Holdings) Company Limited
Diageo Plc
Heineken N.V.
Kirin Brewery Company Limited
Molson Coors Beverage Company
Tsingtao Brewery Company Limited
United Breweries Holdings Limited.

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Global Peer to Peer (P2P) Lending Market Size Report 2028

IMARC Group, a leading market research company, has recently releases report titled “Peer to Peer (P2P) Lending Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global peer to peer (P2P) lending 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 peer-to-peer (P2P) lending?

The global peer to peer (P2P) lending market size reached US$ 147.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 626.5 Billion by 2028, exhibiting a growth rate (CAGR) of 26.1% during 2023-2028.

What is peer to peer (P2P) lending?

Peer to peer (P2P) lending is the process of providing loan to an individual or business without the involvement of any bank or financial institution. It lends money through online services that connect borrowers directly to lenders or investors, who lend money to qualified applicants. P2P lending aims to increase the returns for the lenders and to reduce the rate of interest for borrowers. It offers cost-effective services to borrowers compared to traditional financial institutes while also assisting in quick and convenient loans at competitive interest rates and low fees. In P2P lending,the individual website sets the rates and terms, which enables the transaction. Consequently, the system promotes prompt, paperless, high return, and flexible ways of borrowing and lending money.

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What are the growth prospects and trends in the peer to peer (P2P) lending industry?

The market is primarily driven by increasing digitization in the banking industry. Besides this, the emerging small and medium enterprises (SMEs), especially across developing countries, are also facilitating the market growth. These organizations require an alternative financing option that provides minimal charging fees and convenient repayment options. In addition to this, P2P lending platforms also do away with the cost of establishing physical branches, maintenance and staff, thereby increasing their demand across organizations.

Moreover, governments across various countries are undertaking initiatives to support P2P lending by offering specific frameworks. Furthermore, the introduction of blockchain technology and smart contracts, which offer transparent and reliable lending and borrowing facilities and safeguard the privacy of the customers, are also acting as major growth-inducing factors. Looking forward, the market is expected to grow at a CAGR of 26.1% during the forecast period (2023-2028).

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Loan Type:

Consumer Lending
Business Lending

Breakup by Business Model:

Marketplace Lending
Traditional Lending

Breakup by End User:

Consumer (Individual/Households)
Small Businesses
Large Businesses
Real Estate
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:

Avant Inc.
Commonbond Inc.
Funding Circle Ltd.
LendingClub Corporation
Lendingtree Inc. (InterActiveCorp and Tree.com Inc.)
On Deck Capital Inc.
Prosper Marketplace Inc.
Retail Money Market Ltd.
Social Finance Inc.,
Upstart Network Inc.
Zopa Limited.

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Sulfur Fertilizers Market Size, Share | Growth Trends 2028

IMARC Group, a leading market research company, has recently releases report titled “Sulfur Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global sulfur fertilizers 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 sulfur fertilizers market?

The global sulfur fertilizers market size reached US$ 5.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.

What are sulfur fertilizers?

When plants exhibit sulfur deficiencies, indicated by pale-yellow or light green leaves, sulfur fertilizer is used. It has various benefits, including increasing the oil content of seeds, protein levels in plants and harvested produce, and sugar recovery in sugarcane. In addition to this, it improves the starch content of tubers, the baking quality of wheat, and the nutritional quality of forages by providing a balanced nitrogen and sulfur (N:S) ratio. As a result, sulfur fertilizer is widely applied in soluble or elemental forms globally, owing to its cost-effectiveness, economic advantages, and ability to enhance crop yield.

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What are the growth prospects and trends in the sulfur fertilizers industry?

The rising number of initiatives aimed at reducing harmful emissions, which have negative environmental impacts, such as deforestation, are among the primary factors driving the sulfur fertilizers market. Besides this, the escalating awareness toward soil degradation resulting from conventional agricultural practices and the limited arable land are further augmenting the market growth. Moreover, the introduction of innovative fertilizers, such as elemental sulfur-enriched NPK fertilizers, designed for nutrient-poor soil with a light texture is also catalyzing the global market. Apart from this, the launch of several policies by the government bodies for offering grants and subsidies to support the agriculture sector and the continuous food shortage, owing to the expanding population, are acting as significant growth-inducing factors. Furthermore, these substances play a crucial role in supporting essential plant maturation functions, including enzyme activity, nitrogen metabolism, and protein and oil synthesis, and also enhance yield and promote early harvests, which is anticipated to propel the sulfur fertilizers market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

Sulphate Fertilizers
Elemental Sulfur Fertilizers
Liquid Sulfur Fertilizers
Others

Breakup by Cultivation Type:

Conventional Agriculture
Controlled Environment Agriculture

Breakup by Crop Type:

Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others

Breakup by Form:

Dry
Liquid

Breakup by Mode of Application:

Soil
Foliar
Fertigation

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:

Achema
Coromandel International limited (Murugappa Group)
ICL Group Ltd.
K+S AG
Koch Industries Inc.
Kugler Company
Mitsui & Co. Ltd.
Nutrien Ltd.
Royal Dutch Shell plc
Sulfur Mills Limited
The Mosaic Company
Yara International ASA.

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Two-Wheeler Market Size & Share | Growth Analysis 2028

IMARC Group, a leading market research company, has recently releases report titled “Two-Wheeler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global two-wheeler 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 two-wheeler market?

Report Attributes	Details
Market Size in 2022	US$ 121.5 Billion
Market Forecast in 2028	US$ 181.6 Billion
Growth rate (2023 to 2028)	CAGR of 7.00%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is a two-wheeler?

Two-wheelers, such as motorcycles, mopeds, and scooters, are fuel or electric-powered vehicles used to commute in short distances. They are an attractive mode of transportation that help reduce reliance on public transit systems. They offer a variety of features and capabilities, including long-distance touring, off-road riding, and racing. They are more maneuverable and agile as compared to larger vehicles and facilitate better fuel efficiency and cost-effectiveness. Two-wheelers are equipped with different fuel sources, such as gasoline, petrol, diesel, liquified petroleum gas (LPG), and batteries.

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What are the growth prospects and trends in the two-wheeler industry?

At present, the rising trend of personal vehicle ownership and escalating demand for affordable and quick commute options with last-mile connectivity represent one of the key factors positively influencing the market. In addition, key market players are introducing customized vehicles for all age groups. This, coupled with the expansion of the e-commerce sector and the widespread utilization of electric two-wheelers by logistics companies for providing convenient and quick delivery services, is propelling the growth of the market. Apart from this, government agencies are extensively promoting the adoption of electric and hybrid two-wheelers through incentives and supportive policies. This, in confluence with rising environmental concerns, is creating a favorable market outlook. Furthermore, the rising affordability and increasing accessibility of two-wheelers are stimulating the market growth worldwide.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights

Scooters
Mopeds
Motorcycle
Electric Two-Wheeler

Technology Insights

ICE
Electric

Transmission Insights

Manual
Automatic

Engine Capacity Insights

100cc
100-125cc
126-180cc
181-250cc
251-500cc
501-800cc
801-1600cc
1600cc

Fuel Type Insights

Gasoline
Petrol
Diesel
LPG/CNG
Battery

End-User Insights

Personal
Commercial

Distribution Channel Insights

Offline Channels
Online Channels

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:

Harley Davidson
Hero MotoCorp Ltd.
Honda Motor Co., Ltd.
Suzuki Motor Corporation
Yamaha Motor Co., Ltd.

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