Harshal J Profile

Action Camera and Accessories Market by Product Offering (Action Camera, Accessories), Technology (Full HD, Ultra HD), Frame Rate (31-60, 61-120 fps), Distribution Channel (Online, Offline), End User (Personal, Professional), and Application (Sports, Travel & Tourism) – Global Forecast to 2027

The Action Camera & Accessories Market is expected to grow at a CAGR of 13.5% from 2020 to 2027 to reach $6.58 billion by 2027 from $2.7 billion in 2020. In terms of volume, the action cameras market is estimated to grow at a CAGR of 12.1% from 2020 to 2027 to reach 29.9 million units by 2027 from 13.4 million units in 2020. Increasing tourism activities and the trend of travel blogging among individuals worldwide are driving the action camera & accessories market. The tourism industry's development has promoted the adoption of action cameras among individual and group travelers for a hassle-free shooting experience.

According to Organisation for Economic Co-operation and Development (OECD), the global tourism sector contributes around 4.4% to the global GDP and is increasing at a rate of 3.8% year-on-year from 2018, further creating growth opportunities for the action cameras industry. Additionally, action cameras have gained rapid demand in recent years owing to their utilization in sports, adventures, and racing activities. Consumers in the sports industry are using action cameras majorly to record live sports that aids them in performing from different angles. However, in recent years, the availability of smartphones with high resolution and wide-view angle cameras has posed a threat to the demand for action cameras.

Interactive Display Market by Product (Interactive Flat Panel Display, Interactive Whiteboard, Interactive Kiosk, Interactive Video Wall), Panel Size, Technology, End-User (Retail, Healthcare, Corporate & Government, Education, Hospitality), and Geography – Global Forecast to 2027

The Interactive Display Market is expected to grow at a CAGR of 8.1% from 2020 to 2027 to reach USD 35.03 billion by 2027, from USD 20.34 billion in 2020. Interactive displays find applications across multiple industry verticals, such as retail, BFSI, education, corporate & government, healthcare, transportation, sports & entertainment, and hospitality. These displays are highly valued in the retail sector, wherein they are extensively used as digital signages to attract customers. Another important end-user sector for interactive displays is the education sector. Interactive whiteboards are widely implemented in schools and colleges to promote interactive learning. The growth of the interactive display market is majorly driven by increasing demand for interactive signages & kiosks, declining cost of interactive displays, and rising adoption of interactive learning solutions in classrooms.

Non-Destructive Testing (NDT) Market by Solution (Instruments, Software, Testing Services), Method (Volumetric, Surface Examination), End-User (Oil & Gas, Automotive & Heavy Engineering, Aerospace & Defense, Power Generation) – Global Forecast to 2028

The Non-Destructive Testing (NDT) Market is expected to grow at a CAGR of 7.4% from 2021 to 2028 to reach $15.07 billion by 2028 from $9.16 billion in 2021. Non-destructive testing finds applications across multiple industry verticals, such as automotive & heavy engineering, aerospace & defense, oil & gas, power generation, and manufacturing. These tests are widely used across manufacturing and process industries. They are used to increase the quality & ergonomics of products, maintain safety standards in factories, and support routine maintenance & inspection.

Factors driving the growth of the NDT market are stringent government regulations regarding the safety of assets, rising need to assess the structural integrity of aging infrastructure, and application of advanced materials in manufacturing processes. Additionally, technological developments in NDT, such as giant magnetoresistance (GMR) sensing and numerical simulation and infrastructure advances in developing regions are the factors boosting the adoption of non-destructive testing.

Probiotics Market by Strain (Bacillus), by Product Type (Dairy Food {Yogurt}, Baked Food}, Animal Feed), By Form (Liquid), By Sales Channel (Super Markets, Pharmacies), By End-User (Human {Adults, Senior}, Animal), and Geography – Global Forecast To 2027

The Probiotics Market is expected to reach $75.9 billion by 2027, at a CAGR of 5.6% during the forecast period of 2020 to 2027. Growing consumer awareness regarding the health benefits of probiotics, increasing use of probiotics as an alternative to antibiotics, and growing research on probiotics are the key factors driving the growth of the probiotics market. Moreover, the growing use of probiotics for children and e-commerce growth is expected to create lucrative opportunities for players operating in this market.

Feed Premix Market by Type (Combination Premixes, Vitamin Premix, Mineral Premix, Amino Acid Premix, Nucleotide Premix, Nutraceutical Premix), Form (Powder and Liquid), Application (Ruminant Feed, Swine Feed, Aqua Feed) — Global Forecasts to 2028

The Feed Premix Market is expected to reach a value of $12.2 billion by 2028, at a CAGR of 3.7% during the forecast period 2021-2028. Feed premixes’ use as a single ingredient over multiple ingredients, increasing demand for compound animal feed, and increased awareness regarding the safety of meat products are the key factors driving the growth of the Feed Premixe Market. The emergence of developing countries as strong consumers for feed premixes provide significant growth opportunities for market players in the coming years.

Healthcare Gamification Market by Offering (Solutions, Services), End User (Consumer, Enterprise), Deployment Mode (Cloud-based, On-premises) and Geography – Global Forecast to 2030

The Healthcare Gamification Market is projected to reach $3.5 billion by 2030, at a CAGR of 21.4% during the forecast period of 2023 to 2030. The growth of this market is driven by the increasing health consciousness and the growing use of healthcare gamification to empower patients’ health and medical therapy. However, difficulties in sustaining long-term user engagement restrain the growth of this market.

Furthermore, the use of gamification tools to update the periodic knowledge of medical students and rising awareness of disease prevention are expected to create market growth opportunities. However, the limited effectiveness of gamification in treating chronic conditions is a major challenge for the players operating in this market. Additionally, the adoption of AI, machine learning, AR & VR in gamification and the increasing availability of smartphones, which enable easy access to healthcare and well-being apps, are some trends in the healthcare gamification market.

Asia-Pacific Dental Consumables Market by Product [Implants (Titanium, Zirconium), Prosthetics (Bridges, Dentures, Abutments, Veneers, Inlays & Onlays), Endodontics, Orthodontics (Clear Aligners, Brackets), Sutures, and Hemostats], and End User – Forecast to 2030

The Asia-Pacific Dental Consumables Market is expected to grow at a CAGR of 11.2% from 2023 to 2030 to reach $15.99 billion by 2030. Dental consumables are used to maintain dental health and oral hygiene and have various uses in treating dental diseases, such as tooth restoration, tooth decay, and gum and gum tissue-related problems. These include dental implants, dental prosthetics, and orthodontic and periodontics products. Dental consumables are made from materials such as metals, polymers, ceramics, and biomaterials.

The growing prevalence of dental diseases, the rising demand for cosmetic dental procedures, and the high burden of the geriatric population drive the growth of the Asia-Pacific dental consumables market. The high costs of dental procedures restrain the growth of this market. Growing medical tourism for dental procedures and the adoption of CAD/CAM in dentistry are expected to offer growth opportunities for the players in this market. However, low awareness regarding oral health is a major challenge for the growth of the Asia-Pacific dental consumables market.

Asia-Pacific Livestock Diagnostics Market by Product (Consumables {Swine Fever, Influenza}, System, Software), Technology (Immunodiagnostics {ELISA, LFA}, PCR), Animal Type (Swine, Bovine, Poultry), End User (POC, Veterinary Hospital) – Forecast to 2030

The Asia-Pacific Livestock Diagnostics Market is expected to record a CAGR of 10% from 2023 to 2030, reaching $501.8 million by 2030. Livestock serves as a major sector as a financial resource for the agriculture-based economy of Asia-Pacific. The countries in Asia-Pacific have a major focus on the production, consumption, and export of food-derived products. In order to ensure the highest quality of products derived from animals, superior animal health is essential. Diagnostics is crucial to keep animals healthy by enabling early disease diagnosis and stopping the disease spread amongst animals. Technologies such as immunodiagnostics and molecular Diagnostics are used to diagnose diseases such as influenza, swine fever, brucellosis, and new castle diseases, among others.

The growth of this market is driven by the growing demand for animal-derived food products, the increasing prevalence of transboundary and zoonotic diseases, and favorable government initiatives. Additionally, increasing awareness regarding animal health amongst farmers is expected to create growth opportunities for the stakeholders in this market. However, the dearth of veterinary practitioners for livestock animals restrains the growth of this market. Moreover, the lack of well-developed animal health infrastructure in the region poses a challenge for the market.

Asia-Pacific Continuous Bioprocessing Market by Product (Filtration, Chromatography, Centrifuges, Consumables), Application (Commercial {Vaccines, Monoclonal Antibodies}, R&D), End User (Pharmaceuticals, Biotechnology, CROs) – Forecast to 2030

The Asia-Pacific Continuous Bioprocessing Market is expected to grow at a CAGR of 28.9% from 2023 to 2030 to reach $181.1 million by 2030. Continuous manufacturing is an emerging trend spanning various industries. From automotive to paper, businesses are embracing continuous manufacturing to enhance efficiency and bolster profits. The shift from batch to continuous manufacturing is gaining traction in the biopharmaceuticals sector due to the surge in demand for intricate therapies and heightened market competition. Continuous bioprocessing is increasingly being adopted due to its agility, flexibility, efficiency, and robustness. This approach streamlines processes by minimizing steps, utilizing compact facilities and equipment, and enhancing product quality to facilitate real-time release.

The growth of the continuous bioprocessing market in Asia-Pacific is attributed to the gradual adoption of continuous manufacturing, rising manufacturing and research-related outsourcing of biopharmaceuticals, expansions in CDMOs, and initiatives supporting the adoption of biopharmaceuticals. Furthermore, the shift towards bioprocessing 4.0 and the rising adoption of personalized medicines are expected to provide significant market growth opportunities.

Asia-Pacific Air Conditioners Market by Type (Split, Centralized/Ducted, Others), Tonnage (Up to 2 Tons, 2 Tons to 5 Tons, Others), Technology (Inverter, Non-inverter), Rating (5 Star, 4 Star, Others), End User (Residential, Others), and Geography – Forecast 2030

The Asia-Pacific Air Conditioners Market is projected to reach $122.06 billion by 2030, at a CAGR of 6.4% during the forecast period of 2023–2030. The growth of the Asia-Pacific air conditioners market is attributed to the rising temperatures & humidity levels in the region, consumers’ growing inclination toward convenience & comfort, and the rising demand for energy-efficient air conditioners. However, the high costs of air conditioners restrain the growth of this market.

The rising adoption of air conditioners with inverter & air purification technologies and technological advancements in HVAC systems are creating growth opportunities for the players operating in this market. However, the high energy consumption associated with air conditioners is a challenge for market growth. Additionally, connected air conditioners and solar photovoltaic (PV) & solar thermal-assisted air conditioning systems are major trends in this market.