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Tuesday, June 8, 2021

Emerging Trends: Duty-Free Retailing Market Revenue, Growth Rates, and Industry Challenges in 2027

Global duty-free retailing market is going to witness a massive growth during the forecast period. The cosmetic and personal care segment will be the most lucrative. Airport segment will generate the highest revenue.

Research Dive has recently published a report with the title “Duty-Free Retailing Market, by Product Type (Alcohol & Spirit, Tobacco & Cigarette, Fashion & Accessories, Personal Care & Cosmetic, Watches & Jewelry, and Others), Distribution Channel (Airport, Seaport, Onboard and Others); Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026”

The global duty-free retailing market is expected to garner a revenue of $139.4 billion by 2026 at a CAGR of 8.2% during the forecast period.

Regional Analysis

Asia-Pacific region is predicted to generate the highest market share during the forecast period. The market accounted for $32,362.2 million in 2018 and is further predicted to grow with a CAGR of 7.9 % in upcoming years. The main reason behind this growth is the rise in the disposable income with the increasing middle-class population.

Key Segments of the Market

The report has bifurcated the market into different segments based on product type, distribution channel, and regional analysis.

In product type segment, the cosmetic and personal care products sub-segment is expected to generate the highest revenue during the forecast period. The main reason behind this growth is the popularity of expensive products among the urban population.
In distribution channel segment, the airport sub-segment is expected to be the most profitable during the forecast period. The airport distribution channel offers immense scope for retail outlets to reach customers. Airports also offer the flexibility in the prices of the products which contribute to the industry growth.

Dynamics of the Market

The rise in international tourism is predicted to be the major driving factor for the growth of the market. The market players offer products to customers at an amazingly affordable price compared to general retail stores. The prices of these product are considerably low due to various exempted taxes. Passengers prefer to buy expensive and luxurious items which are available to them at a much lower prices. This factor is predicted to boost the market during the forecast period.

In different countries, there are various rules and regulations for shopping in the duty-free retail shops. Strict rules and regulation in adding new products particularly for the local manufacturers and small & medium enterprises (SMEs) create a hurdle for the market as these organizations cannot afford to lend a store in various duty-free retail shops area.

Increasing customer experiences and providing amazing customer services is expected to create a huge opportunity in the market in upcoming years.

Key Player of the Market

According to the report, the leading players of the duty-free retailing market include -

Duty Free Americas
SHINSEGAE DUTY FREE
Aer Rianta International
Dubai Duty Free
China Duty Free Group Co.,Ltd.
LOTTE HOTEL.
DUFRY AG
HYUNDAI DEPARTMENT STORE DUTY FREE
Lagardère group
LVMH

Further, the report outlines and presents several aspects of these key players such as financial performance, SWOT analysis, recent strategic moves & developments, and product portfolio.

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Opportunities: Sex Toys Market Top Scenario, SWOT Analysis, Business Overview & Forecast 2027

Global sex toys market is going to experience a massive growth during the forecast period. E-commerce segment will be the most lucrative. Female segment will be the most profitable. North America will dominate the market.

The global sex toys market is expected to generate a revenue of $ 45,767.2 million at a CAGR of 7.9% during the forecast period, according to the recent report published by Research Dive. The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market from growth factors, challenges, other market dynamics, restraints and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for the new participants to understand the market.

Market Dynamics: Growth Drivers, Restraints, Opportunities

Changing consumer perception about sexual enhancement are the factors behind the growth of the market. Growing popularity of sex toys among the LGBTQ community is also another driving factor. Moreover, the legalization of sex toys in many countries and awareness spread via social media platform are other factors attributing to the growth of the industry. Sex toys come with several features such as remotely connected devices, virtual devices and augmented reality devices. These the factors enhancing the growth of the market.

The high-costs associated with the products along with chemicals used in sex toys are expected to hinder the growth of the sex toys market.

Growing demand for products and growing e-commerce platforms are anticipated to generate enormous investment opportunities in the sex toys market.

The report has divided the market into different segments based on distribution channel, end-user, and regional analysis.

E-commerce Segment will become the Most Beneficial

E-commerce distribution channel will experience a significant growth and is estimated to generate a revenue of $26,956.9 million by 2026. This is mainly because of growing e-commerce business and key manufactures focusing to create awareness about sex toys products through e-commerce.

Female Segment will be the Most Profitable

Female sub-segment generated the largest market size in 2018 and is further projected to continue its leading positing during the forecast period. The reason behind this growth is the growing popularity and adoption of sex toys by females. About 69% of sex toys are being purchased by women across the globe.

North America to Dominate the Market

North America region generated the highest share in 2018 is further estimated to lead the market with $12,906.4 million by 2026. This growth is attributed to growing usage of sex toys products to enhance sexual experience in the region.

Key Players and Business Strategies

As per the report, the leading players of the global sex toys market include are -

LELO
LUVU BRANDS
FUN FACTORY
ANSELL LTD
Lovehoney Group Ltd
Tantus Technologies, Inc.
CRYSTAL DELIGHTS
BMS Factory
Doc Johnson Enterprises
ADAM & EVE STORES
Spot of Delight
Church & Dwight Co., Inc.
WE-VIBE

The report also recapitulates many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

Reference: https://www.researchdive.com/press-release/sex-toys-market.html

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In-Depth Analysis: Do-It-Yourself Market by Key Vendors, Challenges and Opportunities 2027

Global Do-It-Yourself home improvement retailing market is going to experience a huge growth during the forecast period. Décor and indoor segment will be the most lucrative. Online segment will be the most profitable.Research Dive has recently published a report titled “Do-It-Yourself (DIY) Home Improvement Retailing Market, by Type (Building Materials, Decor and Indoor Garden, Lighting, Electrical Work Materials, Tools and Hardware, Painting, Wallpaper and Supplies, Plumbing Materials and Equipment, Flooring Repair and Replacement Materials), Distribution Channel (Offline, Online), Regional Analysis (North America, Europe, Asia Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026”.

The global DIY home improvement retailing market is predicted to generate a revenue of $189.1 million by 2026 at a CAGR of 4.6%.

Key Segments of the Market

The report has divided the market into different segments based on type, distribution channel, and regional outlook.

In type segment, décor and indoor garden sub-segment is expected to be the most lucrative during the forecast period. The market is anticipated to register a revenue of $23.3 million by 2026. The reason behind this growth is the convenience, affordable price, and easy-to-use traits of the DIY planter projects.
In distribution channel segment, the online sub-segment will experience the most significant growth with an estimated revenue of $84.9 million during the forecast period.
An online system for DIY market players helps in enhancing the enterprise relationship management by offering end-to-end Customer Relationship Management (CRM) system. This is the reason influencing the growth of the market segment.

Regional Analysis

North America region is going to hold the dominating share of the market. The market registered a revenue of $53.6 million in 2018 and is further anticipated to account for $71.5 million by 2026. Rising demand for DIY home improvement tools in North American countries is one of the most important factors enhancing the growth of Do-it-yourself (DIY) home improvement retailing in the said market. Moreover, the substantial growth in dual-income of households has contributed to the expenditure on DIY home improvement products in the region. These factors are projected to boost the growth of Do-it-yourself (DIY) home improvement retailing in the North American market in upcoming years.

Market Dynamics

The rise in popularity for Do-It-Yourself projects among people is one of the major driving factors of the global Do-It-Yourself (DIY) home improvement retailing market. Changing consumer lifestyle with increasing urbanization is also projected to enhance the growth of the Do-It-Yourself (DIY) home improvement retailing market. Furthermore, emerging e-commerce platforms for Do-It-Yourself Businesses are also projected to boost the growth of the industry during the forecast period.

Factors such as lack of product availability, lack of quality product, and fewer number of professionals operating in DIY home improvement tools are acting as restraining factors for the market.

Eco-friendly DIY projects such as DIY fabric planters for home are anticipated to create lucrative opportunities for the growth of the Do-It-Yourself (DIY) home improvement retailing market during the forecast period.

Key Players of the Market

The report also enlists the leading players of the market. They include -

Amazon.com
Bitsy
Toolstation
Home Depot Product Authority, LLC
K-GROUP
UBYLD RETAIL PRIVATE LIMITED
Walmart India
Flipkart
UBUY CO.
Lowe's.Do-it-yourself (DIY)

The report also summarizes many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and recent strategic developments.

Reference: https://www.researchdive.com/press-release/do-it-yourself-diy-home-improvement-retailing-market.html

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Challenges: Vacuum Leak Tester Market by Key Driver, Challenges and Opportunities 2027

The global vacuum leak tester market is predicted to witness a robust growth in forecast period due to the growing manufacturing and production sector around the world. The North America region is expected to dominate the industry by 2027.

Research Dive in its latest published report estimates that the global vacuum leak tester market will generate notable revenue and grow at a significant CAGR over the forecast period from 2020 to 2027. The North America market for vacuum leak tester is predicted to dominate the global industry throughout the forecast period. The dominance of this region is majorly attributed to increasing industrialization, developing technological infrastructure, and the presence of automobile manufacturing outlets in the region.

Market Dynamics

The increasing demand for high-quality products and growth in manufacturing & production sector along with incorporation of the latest technologies for vacuum leak test across the globe are the key factors estimated to propel the growth of the global vacuum leak tester market over the forecast period. Besides, infrastructural development, increase in number of workplace accidents, and stringent government laws & standards regarding workplace safety are some of the factors likely to create massive growth opportunities for the overall market by 2027. Conversely, the operating complexities and high initial investments related to vacuum leak tester are expected to hamper the market growth in the coming years.

Get Absolute Top Companies Development Strategies Summary Report: https://www.researchdive.com/request-toc-and-sample/383

Key Segment Findings of the Market:

The report segments the global vacuum leak tester market into Test Type, Industry Vertical, Modularity, and Region.

By test type, the helium sniffer probe segment is predicted to account for the majority of market share by 2027, owing to their capability to detect leaks in various parts, which cannot be pushed in a vacuum chamber.
By modularity, the portable segment is projected to witness a considerable growth throughout the forecast period, mainly because these detectors offer a lucrative solution to numerous firms that work in multiple conditions.
By industry vertical, the automobile manufacturing segment is predicted to grow enormously during the projected timeframe. This is mainly because automobile manufacturing sector hugely depends on vacuum leak detector systems to guarantee that the final product is defect-free.
By region, Europe vacuum leak tester market is estimated to grow at a significant rate by the end of 2027, majorly due to the rising government investments in automation technologies in countries such as France, Germany, and UK.

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Major Market Players

The key players of the global vacuum leak tester industry include -

Leybold
CETA TESTSYSTEME GmbH
Pfeiffer Vacuum GmbH
ATEQ Corp.
Furness Controls
COSMO INSTRUMENTS CO., LTD.
Thomas C. Wilson, LLC
INCON
Acme Engineering Prod. Ltd.
INFICON

These players are focusing on mergers &acquisitions, technological advancements, and advanced product developments to gain a competitive in the global market. Further, the report sketches & summaries various aspects of these prominent players such as product portfolio, financial performance, SWOT analysis, and many more.

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Advancement: Osteopontin Antibody (OPN) Market by Top Key Players, Applications and Forecast to 2020-2027

The global osteopontin antibody (OPN) market is predicted to witness a robust growth in forecast period, due to the rise in number of cancer patients and growing usage of OPN in orthopedic sector.

According to a Research Dive published report, the global osteopontin antibody (OPN) market is predicted to witness robust growth during the forecast period from 2020 to 2027. The North America market for OPN is predicted to account for the majority of share in the overall industry, owing to the presence of robust healthcare infrastructure and the majority of educational institutes & laboratories in the region.

Market Dynamics

The increasing usage of osteopontin antibody in orthopedic sector, growing geriatric population, and surge in number of cancer patients across the globe are the key factors expected to propel the growth of the global OPN market during the forecast period. In addition, increasing R&D activities and technological advancements & upgradations are likely to create enormous growth opportunities for the overall market by 2027. Conversely, lack of awareness and underdeveloped healthcare infrastructure are expected to hinder the market growth in the coming years.

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Key Segment Findings of the Market

The report segments the global osteopontin antibody (OPN) market into Type, Application, and Region.

By type, the global market is categorized into rabbit, mouse, human, and others. Among these, the human segment is estimated to grow at a rapid pace by 2027, majorly due to technological advancements and developing healthcare infrastructure across the globe.
By application, the overall market is segmented into medical, food, and others. Of these, the medical segment is projected to account for the highest market growth during the forecast period, mainly because the many studies and R&D activities have shown positive indications of OPN.
By region, the Asia Pacific market for OPN is estimated to witness a rapid growth by the end of 2027, owing to the growing geriatric population and rise in number of cancer patients in the region.

Major Market Players

The key players of the global OPN industry include -

R&D Systems, Inc.
ProMab
Arla Foods Ingredients Group P/S
Novus Biologicals
LifeSpan BioSciences, Inc.
Sigma-Aldrich Co.
OriGene Technologies, Inc.
Santa Cruz Biotechnology, Inc.
NKMAX Co., Ltd.
Proteintech Group

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These players are majorly focusing on mergers & acquisitions and technological advancements to gain a competitive edge in the global industry. Further, the report summaries various aspects of these key players such as financial performance, recent strategic moves & developments, SWOT analysis, and product portfolio.

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Competitive Scenario: Medical Scales Market by Key Driver, Challenges and Opportunities 2027

The global medical scales market is predicted to witness a robust growth in forecast period due to the rise in number of chronic diseases and growing shift of consumers towards healthy lifestyle. The North America region to dominate the industry.

As per a latest report published by Research Dive, the global medical scales market is expected to generate robust revenue and grow at a significant CAGR during the forecast period from 2020 to 2027. The North America market for medical scales is predicted to account for the majority of share in the global industry, owing to increasing chronic diseases and rising awareness amongst people regarding healthy lifestyle in the region.

Market Dynamics

The rise in number of chronic disease cases and the growing shift of consumers towards healthy lifestyle around the world are the major factors anticipated to boost the growth of the global medical scales market over the forecast period. Besides, stringent government laws and standards regarding the healthcare sector and the rising popularity of diet clinics are likely to create massive opportunities for the global market growth by 2027. However, the low awareness amongst people regarding healthy lifestyle and the high costs of medical scales compared to its alternatives are some factors expected to hamper the market growth in the coming future.

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Key Segment Findings of the Market:

The report segments the global medical scales market into Product, Application, and Region.

By product, the global market is categorized into regular scales, wheelchair scales, infant & baby scales, and others. Among these, the regular scales segment is projected to subjugate the market by 2027, owing to rising adoption of these scales by health clinics and gyms and growing demand from general physicians and hospitals.
By application, the overall market is segmented into household, hospital, and others. Of these, the hospital segment is predicted to hold the largest share in the market, which is majorly because government standards have mandated medical scales in hospitals and also its extensive usage in patients’ report preparation.
By region, the Asia Pacific market for medical scales is estimated to witness a rapid growth over the period of forecast, owing to the increasing number of geriatric and obese population in the region.

Major Market Players

The key players of the global medical scales industry include -

Shekel Scales Ltd.
My Weigh
Tanita
DETECTO SCALES, INC.
Seca
Sunbeam Products Inc.
A&D Company, Ltd.
Natus Medical Incorporated
SR Instruments, Inc.
KERN & SOHN GmbH

Further, the report summaries various aspects of these key players such as financial performance, recent strategic moves & developments, SWOT analysis, and product portfolio.

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These players are majorly focusing on technological advancements, mergers, acquisitions, and novel product launches to obtain a strong position in the global market. For instance, in August 2020, FitTrack announced the launch of its new smart scale, ‘FitTrack Beebo,’ which is especially designed for moms-to-be. The maternity medical scale is programmed with four modes – general mode, athlete, pregnancy, and infant.

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Growth Outlook: Lipids Active Pharmaceutical Ingredient Market - Future Growth, & Forecast to 2027

Global lipids active pharmaceutical ingredient market is going to experience a significant growth during the forecast period. Simple lipids segment will be the most profitable. Asia-Pacific will dominate the market.

Research Dive has published a report titled “Lipids Active Pharmaceutical Ingredient Market, by Type (Simple Lipids, Compound Lipids, Derived Lipids), Application (Cardiovascular Disease, Inflammatory Diseases, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027”

The global lipids active pharmaceutical ingredient market is estimated to generate a significant revenue during the forecast period.

Regional Outlook

Asia-Pacific region is anticipated to earn the highest market revenue during the projected time period. The growing cases of cardiovascular diseases, cancer, and neurological disorders in Asian countries such as Japan, China, and India have led to huge demand for lipids active pharmaceutical ingredients in medicine production industry. This is the major reason fueling the growth of the market in the region.

Get Absolute Top Companies Development Strategies Summary Report: https://www.researchdive.com/request-toc-and-sample/380

Highlights of the Report

The report has divided the market into different segments based on type, application, and region.

In type segment, simple lipids sub-segment will become the most lucrative. The simple lipids are used in processes such as energy storage (oils and fats) and supply and hormones balancing, acts as a carrier of electrons/oxygen, and it’s a membrane constituent. This one of the major driving factors of the market segment.
In application segment, the cardiovascular disease segment is predicted to register the highest growth during the forecast period. The major driving factor is the rising number of cardiovascular patients and increased demand by the drug manufacturing companies.

Market Dynamics

In recent years, there’s a rise in diseases such as Alzheimer's disease, dementia, Parkinson’s disease, epilepsy, sclerosis, stroke, migraine, and brain tumors across the globe.

Such situation has made it extremely crucial to develop proper medications for these diseases. Lipids active pharmaceutical ingredients are applied to offer vital medicinal treatment to such patients and help in the healing process. These are the major factors contributing to the growth of the market.

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The poor quality standards imposed by Governments are going to impact the profitability of the market during the forecast period.

Growing awareness about the lipids active pharmaceutical ingredient market and implementation by the healthcare industries, growing demand for effective and fast-actin drugs, healthcare infrastructure development are expected to create lots of opportunities for the market in upcoming years.

Leading Market Players and Strategies

The key players of the global lipids active pharmaceutical ingredient market include -

CordenPharma International
ESPERION Therapeutics, Inc.
Sancilio & Company, Inc.
DSM Nutritional Products AG
Cerbios-Pharma SA
Cayman Chemical
Merck KGaA
VAV Life Sciences
ABITEC
Avanti Polar Lipids

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Top Scenario: Intelligent Intravenous Infusion Pumps Market Revenue, Growth Rates, and Industry Challenges in 2020-2027

Global intelligent intravenous infusion pumps market is going to experience a huge growth during the forecast period. Constant volume control type segment will be the most profitable. Hospital segment will be the most lucrative.

The global intelligent intravenous infusion pumps market is estimated to garner a great amount of revenue during the forecast period, according to a report published by Research Dive. The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market from growth factors, challenges, other market dynamics, restraints and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for new participants to understand the market.

Market Dynamics

The exponential increase in the old-age population across the globe has enhanced the demand for intelligent intravenous infusion pumps in recent years. IV pumps are mainly used to deliver essential medications such as minerals, vitamins, nutrients, amino acids, and others which help in strengthening immunity and ensuring fast recovery of the patients.

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High investments and high maintenance costs are going to be the major restraint behind the growth of market.

Technological advancements and innovations are going to create many opportunities for the intelligent intravenous infusion pump market in upcoming years.

Segment-wise Analysis of the Market

The report has divided the market into different segments based on type, application, and regional outlook.

Constant volume control type segment will be the most lucrative

Constant volume control type segment will be the most profitable in the upcoming years. Constant volume control segment offers multiple benefits such as the infusion of nutritional fluids, medication, hormones, and injecting antibiotics directly into patients' circulatory systems in controlled amounts through veins. This is major factor behind the market growth.

Hospital segment will garner the highest profit

The hospital segment is expected to generate maximum market revenue during the forecast period. Most people prefer hospitals because of the cost-effective services, highly trained staff, specialists, surgeons, and other supporting staff. An expert medical staff is essential for critical treatments and surgeries with complete knowledge about intelligent intravenous infusion pumps. This is the main factor behind the growth of the segment.

North America will hold the largest revenue share

As per the report, North America region is expected to earn the highest revenue during the forecast period. The major factors influencing the growth of the regional market are the extensive adoption of infusion mode of medication, increased medication expenditure, robust healthcare infrastructure, and growing geriatric population.

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Key Players of the Market

The leading players of the global intelligent intravenous infusion pumps market are -

Johnson & Johnson Services, Inc.
Pfizer Inc.
BD.
B. Braun Melsungen AG
Fresenius SE & CO. KGAA
Terumo Corporation
Medtronic
F. Hoffmann-La Roche Ltd
Baxter
Smiths Group plc

These companies are focusing on R&D, merger and acquisition, and many other strategies to sustain the growth of the market.

In October, 2020, Fresenius Medical Care of North America has partnered with Livongo, the leading US-based company, Applied Health Signals as per a recent news report.

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Industry Verticals: Freestanding Retractable Awnings Market by Key Vendors, Challenges and Opportunities 2027

Global freestanding retractable awnings market will witness a massive growth during the forecast period. The motorized segment will be the most profitable. Offline segment will be the most lucrative. North America will dominate the market.

Research Dive has recently published a report with the title “Freestanding Retractable Awnings Market by Technology (Manual, Motorized, Sensor, and Remote Control), Sales Channel (Offline, and Online), Application (Commercial and Residential), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027”

The global freestanding retractable awnings market is anticipated to garner a huge revenue during the forecast period, according to the report published by Research Dive.

Regional Outlook

North America region is expected to garner the highest revenue during the forecast period. The major attributor of this growth is the presence of major manufacturers. These companies has made the customization and personalization process easier in the region compared to other parts of the world.

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Highlights of the Report

The report has bifurcated the market based on technology, sales channel, application, and regional analysis.

• In technology segment, the motorized segment is going to be the most beneficial. Automation and low maintenance costs are the two major factors behind this growth. They are cost-efficient, quick to install, user-friendly and low maintenance. This is another factor fueling the growth of the industry.
• In sales channel segment, the offline segment will be the most profitable. Customers prefer to visit showrooms or outlets to physically check the products regarding their design, material, color, shape, and other features before making the purchase than to shop online. This is the factor enhancing the growth of the market.
• In application segment, the residential segment is going to be the most profitable. The main reason behind this growth is the popularity of outdoor sittings, gardens, patios, and decks in urban households.

Market Dynamics

People love to decorate or renovate their living and working place. A trend to renovate and splurge money on home décor has been surging among the urban population since last few years. Freestanding retractable awnings are used extensively as it helps in uplifting the look of an external sitting place. Retractable awnings provide a cool usage of the outer space, flexibility, quick installation facility. Moreover, it’s a trendy way of providing shade, and it’s cost-efficient.

The retractable awnings require high maintenance costs which is going to act as the main barrier behind the growth of the industry.

The growing real estate sector and distribution channels, as well as adverse weather conditions are expected to create many opportunities for the market during the upcoming years.

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Key Players and Business Strategies

As per the report, the leading players of the global freestanding retractable awnings market include -

Thompson Awning
Boulevard Awning Company
French Awning & Screen Company
Awning Company of America
Carroll Architectural Shade
Awnings & Canopies
ADVANCED DESIGN AWNINGS & SIGNS
Roché Systems Ltd
Advanced Awning Company
Eide Industries, Inc.

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Monday, June 7, 2021

Development Trends: Biohybrid Solar Cell Market - Future Growth, Verticals, Segmentation & Forecast to 2027

Global biohybrid solar cell market is going to experience a significant growth during the forecast period. Cadmium telluride segment will be the most lucrative. Battery storage segment will be the most profitable. North America will dominate the market.

The global biohybrid solar cell market is anticipated to generate a promising revenue during the forecast period according to a recent report published by Research Dive. The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market from growth factors, challenges, other market dynamics, restraints and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for the new participants to understand the market.

Market Dynamics

The global consumption of electricity has increased in previous years because of the growing urbanization and industrialization. Nature is the source of solar energy, and hence it is perfectly clean, easy to setup, renewable, and also cost-efficient. These are the major factors enhancing the growth of the market.

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Seasonal dependency, short lifespan and unavailability during night are the restraining factors of the market.

Growing adoption by many organizations and residential setups across the globe are creating many opportunities for the biohybrid solar cell market in upcoming years.

Segment-wise Analysis of the Market

The report has divided the market into different segments based on material, application, and regional analysis.

Cadmium telluride segment will be the most lucrative

With the highest energy conversion rate, cadmium telluride is the most resourceful material. Affordable cost is another reason behind its wide adoption. Cadmium telluride has the quickest payback time in the thin-film solar cell technology, and also, they emit the least amount of carbon. These are the factors behind the growth of this segment.

Battery storage segment will be the most profitable

Biohybrid solar cells are known for their high efficiency in solar power conversion and storage. Moreover, biohybrid solar cells are naturally derived from organic and inorganic sources and hence they are quite budget friendly. This is the major factor fueling the growth of the segment.

North America to lead the market

North America region is estimated to earn the highest revenue during the projected timeframe. Advanced infrastructure and facilities, rigid government regulations for reducing carbon emissions, sustainable developments, growing implementation of renewable energy sources are the major factors driving the market growth in North America.

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Key players of the market

The report enlists the leading players of the global biohybrid solar cell market. They include Talesun, Jinko Solar., Trina Solar, Canadian Solar, LONGi Solar, Q CELLS, RISEN ENERGY CO., LTD, JA SOLAR Co., Ltd., First Solar, GCL-SI and many others.

These companies are focusing on R&D, merger and acquisition, and many other strategies to sustain the growth of the market. For instance, in February, 2020, Canadian Solar Inc. has announced the acquisition of a 47.5 MWp portfolio of solar projects under development in Chile. Canadian Solar Inc. is one of the world's largest solar power companies.

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.

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Monday, May 3, 2021

Driving Innovation: Non-Small Cell Lung Cancer Treatment Market Is Projected to Grow at a Substantial Rate by 2027

Global non-small cell lung cancer treatment market is anticipated to experience a rapid growth during the forecast period primarily owing to the rising awareness amongst people regarding the disease. By treatment type, the surgery segment is expected to witness a dominant growth in the global industry by 2026. The North America region is projected to dominate the global market in the estimated period.

According to a latest report published by Research Dive, the global non-small cell lung cancer treatment market is anticipated to grow at a CAGR of 13.2% and reach up to $48,028.1 million in the forecast period from 2019 to 2026.

The North America region is projected to dominate the global industry throughout the forecast period. The dominance of the region is majorly attributed to the existence of key players and developed healthcare infrastructure in the region.

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Market Dynamics

The growing awareness among people regarding the disease and the stringent regulations by government bodies across the globe to control the causes of cancer occurrences, such as smoking control regulations & others, are the significant factors predicted to foster the growth of the global non-small cell lung cancer treatment market over the forecast period. In addition, the rapid authorizations of a variety of drugs such as Fluorouracil, Carboplatin, and others for the treatment of non-small cell lung cancer is estimated to foster the market growth by 2026. Furthermore, the increase in number of R&D activities and drug approvals for the treatment of lung cancer are expected to create massive opportunities for the growth of the global market in the upcoming years. However, the limited options for treatment of non-small cell lung cancer is likely to hinder the market growth in the projected timeframe.

Key Segment Takeaways of the Global Industry:

The report segments the global non-small cell lung cancer treatment market into Treatment Type, Drug, and Region.

– Based on treatment type, the global market is segmented into radiation therapy, chemotherapy, and surgery. Of these, the surgery segment is predicted to subjugate the global industry by 2026 mainly because surgery is primarily chosen for the treatment of patients in the first two phases of non-small cell lung cancer.

– Based on drug, the global industry is categorized into fluorouracil, carboplatin, cyclophosphamide, doxorubicin, and cisplatin.

– Based on region, the global market for non-small cell lung cancer treatment is divided into Asia Pacific, LAMEA, Europe, and North America. Of these, the Asia Pacific market is expected to grow at a significant rate during the forecast period owing to the highly unmet medical needs and growing prevalence of numerous cancers in the region.

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Key Players of the Market

The major players of the global non-small cell lung cancer treatment industry include Astra Zeneca PLC, GlaxoSmithKline PLC, Genentech Inc., Bristol-Myers Squibb, Pfizer Inc., Boehringer Ingelheim, Celgene Corp., Sun Pharmaceutical Industries Ltd., and Eli Lilly & Co. Further, the report outlines several aspects of all these industry players such as SWOT analysis, recent strategic moves & developments, financial performance, and product portfolio.

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