Electronics Intelligence

  Dental Practice Management Software Industry Overview The global  dental practice management software market  size is expected to reach USD 4.9 billion by 2030, expanding at a CAGR of 10.16% during the forecast period, based on a new report by Grand View Research, Inc. The rising number of dental clinics and hospitals and strong government support to boost the adoption of Electronic Dental Records (EDRs) are primary factors driving the market growth. The ADA estimated that there will be 201,117 practicing dentists in the United States in 2020, a 2.7% increase over 2015. Numerous individuals are graduating from dentistry schools & colleges and starting their own practices.   This effectively expands the potential client base. According to the ADA’s forecasts, there will be 67 dentists for every 100,000 people in the United States by 2040, with 67% of dentists being under the age of 55 years. As the younger generation is more receptive to software usage and is...

  Heat Transfer Fluids Industry Overview The global  heat transfer fluids market  size is projected to reach USD 14.2 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 3.6% during the forecast period. The growing demand from the manufacturing and energy sectors is expected to drive the global market. Thermal oils are typically formulated from petrochemicals and  mineral oils , which eventually harm the environment in terms of recyclability, biodegradability, and aqueous toxicity. Due to multiple strict regulations laid down by governments across the globe, the growth of heat transfer fluids (HTFs) has taken a hit.   Major innovators in the field are trying to bring imminent changes in the production process, such as the usage of bio-based products, increased extraction efficiency, and enhanced solvent recovery. The COVID-19 pandemic caused serious disruption in businesses and supply chains. The decrease i...

  Lithium-ion Battery Industry Overview The global  lithium-ion battery market  size is expected to reach USD 182.53 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.1% from 2022 to 2030. The market is expected to witness significant growth over the forecast period on account of the increasing consumption of rechargeable batteries in consumer electronics and a rise in the adoption of electric vehicles. The rising sales of electric vehicles, along with the expanding renewable energy sector, are expected to drive the market. The emergence of integrated charging stations, green power-generation capability, eMobility providers, battery manufacturers, and energy suppliers is anticipated to stimulate market growth in the coming years.   Increasing sales of electric vehicles in the U.S. owing to supportive federal policies, coupled with the presence of market players in the country, are expect...

  U.S. Cold Storage Industry Overview The  U.S. cold storage market  size is estimated to reach USD 66.74 billion by 2030, expanding at a CAGR of 9.2% over the forecast period, according to the new research conducted by Grand View Research, Inc. The U.S. is widely regarded as one of the leading markets in developing technologies responsible for the effective management of cold storage processes. The pharmaceutical industry is expected to offer growth opportunities to the market. Inventory management of pharmaceutical goods, such as  vaccines  and medicines, is an expensive process that necessitates adequate security measures to maintain product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.   The market growth is profou...

  Powered Air Purifying Respirators Industry Overview The global  powered air purifying respirators market  size is anticipated to reach USD 3.81 billion by 2030, registering a CAGR of 6.1% over the forecast period, according to a new report by Grand View Research, Inc. Favorable government regulations about employee safety and the emergence of various infectious biohazards are anticipated to drive the demand for powered air purifying respirator (PAPR). The rising awareness levels about employee health and safety, coupled with the increasing cases of industrial fatalities, are anticipated to spur market growth over the forecast period. Safety standards by regulatory agencies, such as the Occupational Safety and Health Administration (OSHA) and the European Commission, are expected to fuel the growth of PAPR industry over the forecast period.   The omicron COVID-19 variant is responsible for spreading COVID-19 rapidly, specifically among the healthcare workers and ...

  Digital Pathology Industry Overview The global  digital pathology market  size is expected to reach USD 1.74 billion by 2030, registering a CAGR of 7.5% over the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases triggers the demand for advanced diagnostics, which is expected to drive the market growth. Growing economic stability and awareness about the benefits of the use of computer-aided diagnostics is further contributing to the market growth. As with other laboratory medicine disciplines, the COVID-19 pandemic has had a surprising impact on digital pathology. The pandemic has shortened all but the most serious surgeries and cancer treatments.   Thus, histology laboratories are involved in the most difficult task of collecting & analyzing tissue samples for the procedure. There was also a workforce shortage with many pathologists staying out of the laboratory due to physical distancing measur...

  Heat Treating Industry Overview The global  heat treating market  size is expected to reach USD 136.25 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.4% from 2022 to 2030. The growing automotive industry and the rising demand for heat-processed metals and alloys in industrial activities and the construction industry are expected to boost the demand over the forecast period.   The COVID-19 pandemic has prompted companies to increase local manufacturing in the automotive industry. Moreover, an increase in the demand for environmentally-friendly heat-treating technologies such as vacuum heat treatment is expected to augment the demand over the forecast period. Heat treatment in aerospace manufacturing is an important process as it increases the strength of metals used, thereby increasing the weight to strength ratio of components. An increase in M&A activities and restructuring in the aerospace i...

  Intelligent Vending Machines Industry Overview The global  intelligent vending machines market  size is anticipated to reach USD 55.52 billion by 2030, registering a CAGR of 13.3% from 2022 to 2030, according to a new study by Grand View Research, Inc. The surge in the demand for self-service technology across Europe and the North American region driven due to automation technology advancement and the rising adoption of contactless vending machines is expected to drive the industry growth over the forecast period. Intelligent vending machines are integrated with technologies such as LCD/touchscreen, gesture- based interaction, cashless systems, telemetry systems, voice recognition, digital signage, and enterprise resource planning (ERP) systems, among others. These integrated machines enable self-ordering as a convenient activity as of payment a variety of payment methods such as debit or credit cards, mobile wallets, and QR codes, among others. The integration of int...

  Pea Protein Industry Overview The global  pea protein market  size is projected to reach USD 554.9 million by 2028 registering a CAGR of 12.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is majorly driven by rising health consciousness among consumers coupled with increasing product demand from the nutraceutical industry.   The nutraceutical supplements industry is evolving and has a dynamic space that offers lucrative opportunities to merge rising consumer interest and scientific discovery to enhance human health. As this industry tracks consumer trends, nutraceutical products directly respond to consumer buying behavior/habits, thereby encouraging prominent companies in the industry to market their products to their target audiences in an effective manner. Such factors have driven the product demand across the globe. Pea Protein Market Segmentation Grand View Research has segmented the global pea protein marke...

  Chemical Distribution Industry Overview The global  chemical distribution market  size is projected to reach USD 375.7 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.4% from 2020 to 2028. The market has witnessed a rebound in the number of mergers and acquisitions over the past few years owing to the rising focus of major players on inorganic growth to fill regional footprint and product portfolio.   The portfolio of distributors across the globe include a range of specialty and commodity chemicals. Specialty products such as Coatings, Adhesives, Sealants, and Elastomers (CASE), polymers and resins, agrochemicals, and construction chemicals are consumed in low quantities and are anticipated to witness significant growth in the coming years. These chemicals are under high scrutiny from the regional governments and are hence produced by specialized manufacturers. Specialty and commodity compounds a...

  Structured Cabling Industry Overview The global  structured cabling market  size is expected to reach USD 23.2 billion by 2030, according to a study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 10.5% from 2022 to 2030. The need for advanced technologies has increased the generation of vast amounts of IoT data, which often causes delays and latency. Structured cabling systems help enhance data transfer speed, which further aids in avoiding delays.   The presence of a high connectivity network in regions such as North America has facilitated the widespread adoption of structured cabling systems. Thus, the North American market is expected to witness substantial growth over the forecast period. Additionally, an expanding communication network architecture and a rise in demand for data centers have increased the demand for structured cabling systems. Asia Pacific is projected to register the fastest growth rate over the forecast peri...

  U.S. Digital Signage Industry Overview The  U.S. digital signage market  size is anticipated to reach USD 9.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2022 to 2030. The demand for digital signage is expected to increase as advertisers, enterprises, and corporates are increasingly adopting digital signage to promote and distribute content. Advancements in display technology are also likely to drive the market. Furthermore, the increasing demand for digital signage solutions from the industries such as healthcare, transportation, hospitality, and retail, is likely to propel market growth over the forecast period.   The growing adoption of digital signage is due to the increasing demand for advertising content with enhanced quality and better sharpness. Rising demand for 4K embedded digital displays is addressing an increase in the need for enhanced sharp images. Digital signage ...