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Global Perovskite Solar Cell Market Size to Grow at a CAGR of 30.50% in the Forecast Period of 2023-2028

The ‘Global Perovskite Solar Cell Market Price, Share, Size, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global perovskite solar cell market, assessing the market based on its segments like structures, products, methods, end uses, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Perovskite Solar Cell Market Size, Share, Price, Trends, Growth, Key Players, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 30.50%

A perovskite solar cell refers to a fine and delicate film photovoltaic tool that absorbs sunlight and transforms it into electrical energy. Due to their excellent properties, perovskites solar cells can be utilised in several applications, including scientific research activities.

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The increasing demand for solar cells owing to their versatility and lightweight, expanding applications of solar cells in several sectors, growing environmental concerns with regard to carbon emissions, and the existence of substitute energy resources are likely to encourage the development of the perovskite solar cell market in upcoming years.

Owing to the increasing economic development and the rising demand for energy security, the market for perovskite solar cell is growing rapidly. The growing requirement for the usage of contemporary and innovative energy services to fight poverty and improve living conditions is promoting the utilisation of perovskite solar cells.

The increasing installations of solar systems in both developed and developing countries are positively impacting the growth of the perovskite solar cell market. With the increasing attempts to lower the cost of solar cell modules, the demand for perovskite solar cells is expected to significantly surge in the forecast period.

Perovskite Solar Cell Industry Definition and Major Segments

A perovskite solar cell or PSC is a type of solar cell comprising a perovskite-constructed compound, which is generally a fusion of organic and inorganic lead or tin halide-based material used as lightweight functional coating. Perovskite materials like all-inert caesium lead halide and methylammonium lead halides are less costly and easy to manufacture. The term “Perovskite” is derived from the name for their crystal composition, even though other forms of non-halide perovskites are used in other energy technologies, like fuel cells and catalysts.

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Based on structure, the perovskite solar cell market can be segmented into:

• Planar Perovskite Solar Cells
• Mesoporous Perovskite Solar Cells

On the basis of products, the market is classified into:

• Rigid Perovskite Solar Cells
• Flexible Perovskite Solar Cells

By methods, the market is divided into:

• Solution Method
• Vapour-Deposition Method
• Vapour-Assisted Solution Method

The market, based on end uses, can be segmented into:

• Aerospace
• Industrial Automation
• Consumer Electronics
• Energy
• Others

Based on regions, the market is classified into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Perovskite Solar Cell Market Trends

The rising demand for solar cells owing to their adaptability and lightweight, the increasing preference for clean energy, and the growing requirement to reduce the cost of solar panels are favouring the perovskite solar cell market growth.

The increasing research and development activities (R&D) and technological advancements to drive the commercialisation of perovskite solar cells while addressing their limitations are likely to benefit the market development in the forecast period.

The capability of perovskite solar cells to generate clean energy by using solar power and the increasing focus on reducing greenhouse emissions are likely to drive the perovskite solar cell market expansion. In the coming years, the use of perovskite solar cells as an alternative source of energy over fossil fuels is likely to significantly increase.

The Asia Pacific region has been accessed to witness a healthy growth in the forecast period due to rapid urbanisation and the rising requirement for substitute energy to decrease dependency on fossil fuels. Furthermore, governments in various countries are introducing favourable measures to boost the usage of clean energy, thereby driving the deployment of perovskite solar cells.

Meanwhile, North America is likely to hold a considerable share in the overall market due to the flourishing consumer electronics sector in Canada and the United States.

Key Market Players

The major players in the global perovskite solar cell market are:

• Oxford PV
• Greatcell Energy Pty Ltd
• Saule Technologies
• Swift Solar Inc.
• Hubei Wonder Solar LLC
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Global Anthocyanin Market Size to Grow at a CAGR of 4.30% During the Forecast Period of 2023-2028

The ‘Global Anthocyanin Market Share, Price, Size, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global anthocyanin market, assessing the market on the basis of its segments like sources, applications, and major regions.

Anthocyanin Market Size, Share, Price, Trends, Growth, Key Players, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 4.30%

Anthocyanin is extensively utilised in medicines owing to its various functional properties, which is contributing to the market growth. Consumers’ increasing purchasing power is also surging the consumption of anthocyanin-rich goods, adding to the anthocyanin market expansion.

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The multiple health benefits of anthocyanin and its growing utilisation in different sectors, including personal care and food and beverages, among others, are considerably increasing its demand.

The surging consumption of anthocyanin-containing foods is a major factor propelling the anthocyanin market development. Health consciousness among consumers is increasing rapidly, and they are proactively embracing items that can help them improve their health. As anthocyanin-containing foods can reduce the risk of health problems such as cardiovascular diseases due to their antioxidants and anti-inflammation properties, the market is likely to witness a healthy growth in the forecast period.

Anthocyanin Industry Definition and Major Segments

Anthocyanins are flavonoid pigments that are naturally found in some plants. These are water-soluble pigments and can appear red, purple, blue, or black. Anthocyanins are also extensively utilised as dyes, natural food colourants, and culinary additives. For example, E163, which is a commercial anthocyanin, is produced from grape skin and is frequently used to provide a purple colour to jam, sweets, and drinks.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/anthocyanin-market

The global anthocyanin market, based on source, can be bifurcated into:

Natural
- Fruits
- Vegetables
- Legumes and Cereal
- Flowers
Synthetic

By application, the market can be segmented into:

Food and Beverages
Personal Care
Pharmaceuticals
Animal Feed

The major regional markets of anthocyanin include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Anthocyanin Market Trends

Due to their antioxidant and anti-inflammatory characteristics, anthocyanins are extensively used in the cosmetics sector. The usage of anthocyanins in cosmetics is expected to significantly rise in the forecast period in response to the increasing preference for natural and organic cosmetics.

Coloured berries, such as black elderberries, raspberries, and blueberries, have significant quantities of anthocyanin, which gives the fruits their characteristic colour. Anthocyanin is also found in cherries, pomegranates, blood oranges, and black and red grapes. Hence, the anthocyanin market is being supported by the increasing consumption of coloured fruits and berries, notably in smoothies.

The Asia Pacific anthocyanin market has observed a healthy growth due to the evolving consumer tastes towards healthier ingredients in food, drinks, and personal care goods and rising disposable incomes. Moreover, social media platforms showcasing the importance and benefits of anthocyanin are surging consumer awareness and fuelling the product demand in the region.

Key Market Players

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of the major players in the global anthocyanin market.

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Global Lead Acid Battery Market Size, Share, Price, Trends, Outlook, Report and Forecast 2023-2028

The ‘Global Lead Acid Battery Market Price, Size, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global lead acid battery market, assessing the market based on its segments like technologies, products, end uses, and major regions.

Lead Acid Battery Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): USD 37.85 Billion
Forecast CAGR (2023-2028): 4.50%

Lead acid batteries are one of the oldest forms of rechargeable batteries. In spite of having a small ratio of energy to volume and energy to weight, their capability to source a high flow of contents depicts that they have a high power-to-weight ratio. These batteries are categorised as secondary batteries and their chemical reactions are changeable.

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As the world is highly dependent on the automotive sector, the requirement for lead acid batteries in automobiles is substantially increasing. Some of the factors that are supporting the lead acid battery market demand are the rising usage of SLI (starting, lighting, and ignition) batteries in vehicles, a hike in renewable energy generation, and extensive demand for energy storage tools.

The expenditure on energy storage has become a critical factor for various sectors, like utility and industrial; hence organistaions in such sectors are increasingly investing in battery storage solutions. This is bolstering the adoption of lead acid batteries due to their dependability and low capital costs. Besides, the rising popularity of flooded lead acid batteries or cells owing to their low maintenance and cost-effectiveness is also resulting in the progress of the market.

Lead Acid Battery Industry Definition and Major Segments

A lead acid battery is a rechargeable battery that has a high ratio of power to weight. It is cost-effective, easy to manufacture, and capable of high discharge rates. It is one of the most commonly used batteries in rechargeable battery applications in diverse end-use sectors, including automotive, industrial, and utility, among others.

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Based on technology, the global lead acid battery market can be segmented into:

Flooded
VRLA (Valve Regulated Lead-acid)

The market, on the basis of products, is classified into:

SLI Batteries
Stationary Batteries
Portable Batteries

By end use, the market is divided into:

Automotive
Utility
Industrial
Commercial and Residential

Based on regions, the market has been categorised into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Lead Acid Battery Market Trends

Rising investments in enterprise cloud computing systems and increasing number of data centres are anticipated to support the lead acid battery market demand. This is primarily owing to the requirement for large-scale and constant power for data centres.

The development of lead acid batteries with enhanced safety, lesser cost, excellent reprocessing abilities, and high performance is likely to propel the market. In addition, there is an increase in the usage of lead acid batteries in the telecom sector as they have low-maintenance costs and provide sufficient power to aid huge telecom load.

Valve regulated lead acid (VRLA) batteries are anticipated to hold a significant share in the lead acid battery market owing their durability and high-performance. Besides, these batteries cost less, due to which they are preferred over nickel cadmium and lithium-ion batteries.

Region-wise, the Asia Pacific is driving the market growth due to the rising sales of electric vehicles (EVs) in the region. Owing to their cost-effectiveness, efficient energy storage ability, and reliability, lead acid batteries are preferred for EV applications. On the other hand, the market in North America is progressing due to the robustly growing manufacturing sector and the existence of major automobile manufacturers like Ford and Toyota in the region.

Key Market Players

The major players in the global lead acid battery market are :

Panasonic Corporation
Exide Industries Ltd
GS Yuasa International Ltd.
Hankook & Company Co., Ltd.
HOPPECKE Batteries, Inc
Clarios
others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Proton Exchange Membrane Fuel Cell Market Size, Share, Price, Report and Forecast 2023-2028

The ‘Global Proton Exchange Membrane Fuel Cell Market Price, Share, Size, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global proton exchange membrane fuel cell market, assessing the market on the basis of its segments like type, application, and major regions.

Proton Exchange Membrane Fuel Cell Market Size, Share, Price, Trends, Growth, Key Players, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

The growing need to strengthen and diversify energy infrastructures is accelerating the growth of the global proton exchange membrane fuel cell market. The major factors driving the growth of this market include the rising expenditures on improvement of hydrogen infrastructure and the rapid use of fuel cells in automotive and stationary applications. Proton exchange membrane fuel cells are increasingly being used in backup power systems, having applications in homes, computer systems, and utility substations, which is expected to accelerate the growth of this market. Fuel cell technology is also being used to power utility vehicles like airport movers, submarines, and wheelchairs, adding to the market growth.

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The high temperature type of proton exchange membrane fuel cells are expected to register a steady growth in the proton exchange membrane fuel cell market over the forecast timeline owing to their high energy efficiency and better heat management. Transportation applications are likely to witness robust market growth due to the benefits of zero carbon emissions and rising investments in hydrogen infrastructure, while portable power generation applications are likely to surge due to rising demand for personal electronics and consumer products. Furthermore, this technology has advanced uses in aeronautics like drinkable water on-board, heat for ice prevention, and deoxygenated air for fire retardation, which is aiding the market growth.

Proton Exchange Membrane Fuel Cell Industry Definition and Major Segments

A proton exchange membrane fuel cell is an electrochemical technology for energy conversion, which helps in conversion of the chemical energy liberated during the reaction of hydrogen and oxygen, into electrical energy. It operates at low temperatures and consists of a conductive electrolyte and two electrodes. These cells can vary their output in order to meet the shifting power needs.

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On the basis of type, the market is segmented into:

• Low Temperature
• High Temperature

Based on application, the market is classified into:

• Transportation
• Portable Power Generation
• Stationary Power Generation
• Others

On the basis of region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Proton Exchange Membrane Fuel Cell Market Trends

Rapid advancements in technology and better fuel efficiency is readily expanding the proton exchange membrane fuel cell market. The key trends propelling the growth of this market include the rising awareness about green energy and reduced carbon emissions and the growing shift towards electric vehicles. The increasing research and development activities coupled with the improvements in fuel transmission infrastructure are leading to the expansion of this market.

Proton exchange membrane fuel cell systems are expected to be replacing traditional combustion batteries and engines, which is likely to bolster the market. The energy-efficient and environment-friendly nature of these membrane fuel cells, unlike fossil-fuels has, captured the attention of a sizeable population owing to the rising awareness regarding environment protection.

The development of fuel cell and hydrogen (FCH) technology for internal energy sourcing and mitigating pollution is impacting the growth of the proton exchange membrane fuel cell market positively. The introduction of programmes by various governments to promote emission-free mobility are significantly generating lucrative opportunities for the growth of this market by aiming to deploy fuel cells and expand hydrogen fuel cell networks. The governments of various countries are introducing subsidies for fuel cell projects, thus promoting the expansion of this market.

Key Market Players

The major players in the global proton exchange membrane fuel cell market report are:

• Ballard Power Systems Inc.
• Plug Power Inc.
• Cummins Inc.
• Intelligent Energy Limited
• AVL List GmbH
• Others

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Global Blackstrap Molasses Market to be Driven by Rising Consumer Awareness in the Forecast Period of 2023-2028

The new report by Expert Market Research titled, ‘Global Blackstrap Molasses Market Price, Share, Demand, Trend, Report and Forecast 2023-2028’, gives an in-depth analysis of the global blackstrap molasses market. The market is assessed based on its segments like form, application, distribution channel and major regions like North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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Blackstrap Molasses Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2021): USD 10.80 billion
• Forecast CAGR (2023-2028): 2.9%
• Forecast Market Size (2027): USD 12.63 billion

The market for blackstrap molasses has seen substantial growth due to factors such as the rising use of blackstrap molasses in foods and beverages, as well as consumer awareness of its benefits. Consumers are growing more health-conscious, favouring foods that are high in nutrients. As a result, companies in this industry are seeking to develop unique products that give a variety of health benefits.

As molasses is less expensive than sugar, food and beverage firms may gain from the growing demand for it in the bread sector. An expansion in alcoholic beverage manufacturing, as well as changes in people’s dietary and lifestyle preferences, are driving the market growth.

Blackstrap Molasses Industry Definition and Major Segments

A by-product called blackstrap molasses is created when sugar cane is processed to produce refined sugar. Blackstrap molasses is produced during the third round of sugar syrup boiling and is known for a strong flavour and viscous and dark appearance. Due to its natural pigment, blackstrap molasses can also be used as a natural food colourant.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/blackstrap-molasses-market

Based on the form, the blackstrap molasses market is divided into:

• Liquid
• Powder

Based on the application, the industry is divided into:

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

Based on the distribution channel, the industry is divided into:

• Offline
• Online

The regional markets for blackstrap molasses include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Blackstrap Molasses Market Trends

Geographically, the Asia Pacific region dominated the global blackstrap molasses market due to its large volume sugar cane production. This is mostly due to favourable climatic conditions, vast agricultural regions, and government support for cane sugar production.

The Asia Pacific region’s growing demand for bakery items can be ascribed to changing lifestyles, growing western influence, and rising disposable incomes. The demand for blackstrap molasses is expected to rise with increasing bakery product consumption, as it is used in various products and the numerous health benefits it offers.

Key Market Players

The major players in the Blackstrap Molasses Market report include:

Allied Old English, Inc.
Crosby Molasses Co. Ltd.
B&G Foods, Inc.
Mahajan Molasses Company
Domino Comercio, SA de CV
Good Food, Inc.
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Indonesia Waterproofing Market Size to Grow at a CAGR of 4.90% in the Forecast Period of 2023-2028

The ‘Indonesia Waterproofing Market Size, Price, Share, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Indonesia waterproofing market, assessing the market on the basis of its segments like type, technology, and application.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): USD 675.97 million
Forecast CAGR (2023-2028): 90%
Forecast Market Size (2028): USD 898.98 million

The Indonesia waterproofing market is being driven by the flourishing construction sector in the country, supported by rising disposable incomes, rapid urbanisation, and increasing population. Due to growing population and urbanisation, there is a heightened demand for construction and infrastructural development along with waterproofing.

Across most types of construction projects, for buildings and infrastructure, waterproofing is used to provide protection to new buildings and structures, increasing their durability. Waterproofing improves structural integrity of buildings and roads, while reducing maintenance costs by preventing seepage of water. By lowering water absorption and risk of dampness, waterproofing also boosts energy-efficiency while is bolstering the Indonesia waterproofing market growth.

Meanwhile, industries are also augmenting the demand for waterproofing in Indonesia, to support the expansion of infrastructure within the country. Various industries are establishing production facilities in Indonesia, including processes that require stable interior environments. Adequate waterproofing provides greater control over interior environments, reducing the risk of mould, mildew, and water seepage, that can damage sensitive processes.

Roofing and balconies are a significant application in the Indonesia waterproofing market, as they are directly in the path of water exposure. The tropical climate of Indonesia, with extensive humidity and rainfall in low-lying areas, further increases the importance of waterproofing to extend the lifespan of various construction.

Indonesia Waterproofing Industry Definition and Major Segments

Waterproofing is a process commonly used in the construction sector to layer a protective material upon a building or structure to provide protection against water exposure and damage. By applying waterproofing, the lifespan and durability of buildings and structures can be increased, while also preventing water damage to interiors in the form of mould or mildew.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/indonesia-waterproofing-market

Based on type, the market is divided into:

Liquid Membrane
- Breakup by Type
  - Bituminous Coating
  - Polyurethane Membrane
  - Epoxy
  - Acrylic
- Cementitious Membrane
- Bituminous Membrane
- Thermoplastic Membrane (PVC, Others)

On the basis of technology, the market is classified into:

Nanotechnology Waterproofing
Crystalline Waterproofing
Flexible Waterproofing Membrane

By application, the market is categorised into:

Roofing and Balconies
Parking Deck
Tunnel Liners
Bridges and Highways
Others

Indonesia Waterproofing Market Trends

Expansion of key market players within Indonesia is among the crucial trends impacting the growth of the Indonesia waterproofing market. Various global companies have established local branches in Indonesia to increase production capacities and improve local supply chains. With the anticipated growth rate of the construction market, the demand for waterproofing is set to rise, leading to a greater focus of market players towards Indonesia.

Among the types of waterproofing, liquid membrane is widely popular in Indonesia, due to the low costs involved, easy application process, and enhanced efficiency. These liquid membranes can be seamlessly applied, for example, through spraying or rolling, and dry into a solid membrane without any gaps, offering greater protection against water exposure. As the liquid membrane sticks firmly to direct substrates, there is lower risk of leakage, further increasing its demand in the Indonesia waterproofing market.

Rising popularity of interior waterproofing is another key trend influencing the waterproofing market in Indonesia. Applying a layer of waterproofing in the interiors of buildings acts as an additional layer of protection, preventing dampness, particularly in prone areas such as basements. Waterproofing prevents the spread of moisture through substrates that may be porous, leading to their increased used in remodelling projects.

Key Market Players

The major players in the Indonesia waterproofing market report are PT Bostik Indonesia, PT Mapei Indonesia Construction Products, Sika Indonesia, BMI Indonesia, P.T. BASF Indonesia, Saint Gobain Indonesia, PT. Fosroc Indonesia, PT. Normet Indonesia, Pentens Indonesia, and PT Adhi Cakra Utama Mulia, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Geomarketing Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028

According to the report by Expert Market Research (EMR), the Global Geomarketing Market Size is projected to grow at a CAGR of 24.9% between 2023 and 2028. Aided by the expanding digital transformation across businesses and the increasing usage of location-based services, the market is expected to grow significantly by 2028.

Geomarketing is the integration of geographical intelligence into various aspects of marketing, including sales and distribution. It leverages geographic data, allowing businesses to optimise their advertising and promotional efforts based on the physical location of their target audience. This approach provides a more personalised and relevant customer experience, which in turn enhances customer loyalty and drives sales.

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The increasing digitisation across businesses is propelling the global geomarketing market growth. With the rise in e-commerce and online marketing activities, businesses are leveraging geomarketing solutions to engage customers more effectively and offer personalised experiences. Geomarketing tools like geo-fencing and geo-targeting are used by businesses to deliver location-specific advertisements, helping them gain an edge over their competitors.

The surging adoption of location-based services is another key factor driving the global geomarketing market growth. With the prevalence of GPS-enabled smartphones and tablets, businesses are using location-based data to understand consumer behaviour and patterns better. This information is used to create highly targeted marketing campaigns, enhancing the effectiveness of their marketing strategies.

The wide-ranging applications of geomarketing across various sectors further fuels the geomarketing market expansion. In the retail sector, geomarketing is used to analyse consumer shopping behaviour and optimise store layouts. In the real estate sector, it assists in property valuation and market segmentation. Even in public services like urban planning and environmental management, geomarketing plays a crucial role.

Moreover, the rise in big data analytics has amplified the demand for geomarketing. By combining geographic data with big data, businesses can gain actionable insights into market trends, customer preferences, and competitive landscape. This data-driven decision-making enhances operational efficiency and profitability, thereby stimulating the geomarketing market expansion.

Furthermore, the growth of the Internet of Things (IoT) and smart cities is expected to open new opportunities for the geomarketing market. With connected devices and smart infrastructure, the collection and analysis of location data can be further enhanced, providing businesses with more precise and real-time marketing capabilities.

Geomarketing Market Segmentation

The market can be divided based on component, service, location type, deployment mode, organisation size, vertical, and region.

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Market Breakup by Component

Software
Services

Market Breakup by Service

Advisory and Consulting
Deployment and Integration
Support and Maintenance

Market Breakup by Location Type

Indoor
Outdoor

Market Breakup by Deployment Mode

Cloud
On-Premise

Market Breakup by Organisation Size

Large Enterprises
Small and Medium Sized Enterprises

Market Breakup by Vertical

Retail and E-Commerce
Healthcare and Life Sciences
Travel and Hospitality
Banking, Financial Services and Insurance
Media and Entertainment
Telecommunication and IT
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global geomarketing companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Google LLC
Microsoft Corporation
International Business Machines Corporation
Cisco Systems, Inc.
Oracle Corporation
Others

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Global Electric Vehicle on Board Charger Market Size to Grow at a CAGR of 18.4% in the Forecast Period of 2023-2028

The ‘Global Electric Vehicle on Board Charger Market Share, Size, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global electric vehicle on board charger market, assessing the market based on its segments like propulsion types, power outputs, vehicle types, and major regions.

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 18.4%

All electric vehicles (EVs) include on board chargers, which are primarily used to convert alternating current or AC from the control network into direct current or DC for the battery. After the electric car is plugged into an AC conduit, power from the duct is transformed from AC to DC of the EV’s onboard charger. However, there are some public charging stations referred to as off-board chargers that have a built-in converter and operate faster.

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One of the significant functionalities of on board chargers is that they control the levels of current and voltage at which the battery is charged. On board chargers have two key charging types – constant voltage and constant current. Although constant current charging provides high competencies and improved charging speed, constant voltage charging initially leads to a higher extent of current flow into the battery.

The rising demand for electric vehicles is expected to substantially propel the electric vehicle on board charger market as battery electric or plug-in hybrid vehicles require an on board charger for the battery.

Factors such as growing preference and sales of electric vehicles, the introduction of stringent government laws regarding pollution, technological advancements, and expanding charging facilities are encouraging the growth of the electric vehicle on board charger market.

The increasing adoption of electric passenger vehicles in advanced countries and the rising launches of innovative electric vehicles by start-ups and leading market players are expected to drive the progress of the market in the upcoming years.

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Electric Vehicle on Board Charger Industry Definition and Major Segments

On board charger is one of the most crucial parts of an electric vehicle. It converts alternating current (AC) into direct current (DC) for charging electric vehicles. Nowadays, almost all electric vehicles come with an onboard charger that is fitted inside the vehicles and transform the AC input from the grid to DC to charge the battery. The main function of an onboard charger is to control the electricity flow from the grid to the battery.

Based on propulsion types, the global electric vehicle on board charger market can be segmented into:

BEV
PHEV
HEV

On the basis of power output, the market has been classified into:

Less than 20kW
More than 20kW

By vehicle types, the market is bifurcated into:

Passenger Car
Commercial Vehicle

The major regional markets of electric vehicle on board charger include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Electric Vehicle on Board Charger Market Trends

In recent times, the automotive sector is undergoing substantial shifts owing to the changing customer performance and stringent carbon emission policies. Government bodies and leading automotive players are focusing on clean sources of energy to lower the dependency on fossil fuels in transportation applications due to growing concerns regarding the depletion of natural resources and issues related to climate change.

Several electric vehicle companies such as Electra EV are involved in advancing on board chargers that aid electric movement applications and exceed consumer expectations. Besides, companies such as Tesla and EVgo, among others, are attempting to bolster charging infrastructure, which is expected to increase the utilisation of electric vehicles on board chargers.

Countries like the Netherlands are intending to eliminate the use of petrol engines in upcoming years, which is likely to drive the demand for electric vehicles and contribute to the expansion of electric vehicle charging stations. Such advancements and changes are also likely to favour the electric vehicle on board charger market in the forecast period.

Research activities aimed at advancing and innovating more effective and lightweight on board chargers are anticipated to aid the market. Also, the introduction of innovative green mobility projects promoting the adoption of electric vehicles and driving the elimination of diesel vehicles in both emerging and developed countries are expected to support the electric vehicle on board charger market in the coming years.

Key Market Players

The major players in the global electric vehicle on board charger market are Aptiv Global Operations Limited, Borgwarner Inc., Hyundai Mobis Co., Ltd, Eaton Corporation plc, Mitsubishi Electric Corporation, Infineon Technologies AG, Ficosa Internacional SA, LG Magna e-Powertrain Co., Ltd, Current Ways, Inc., and Xepics ItaliaSRL, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Doughnuts Market Size to Grow at a CAGR of 3.8% in the Forecast Period of 2023-2028

The ‘Global Doughnuts Market Price, Size, Share, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global doughnuts market, assessing the market based on its segments like types, end uses, distribution channels, and major regions.

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 3.8%

A doughnut, also known as donut, is referred to as a kind of sweet pastry that is deep-fried. Various types of doughnuts are famous all across the globe, and they are known by a broad range of names. A doughnut is normally sprinkled with sugar and other coverings, and it can be iced or coated. This delightful and tasty treat is a popular breakfast food in some countries.

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An increase in disposable income of consumers, rising desirability for doughnuts among consumers of all ages, and innovations in flavours, components, and textures are some of the important factors aiding the growth of the doughnuts market.

Key players are attempting to offer exciting flavours and experimenting with different recipes. For instance, doughnut makers such as Crosstown doughnuts provide a range of flavours, including chocolate, salted caramel, and chilly cream.

Doughnuts are carefully designed with superior-quality coating and garnishing to visually appeal to consumers. Some of the preferred flavour mixes of doughnuts are brownie and raspberry, strawberry and pistachio, and lime and cream cheese. Hence, the growing availability of a wide flavour of doughnuts, especially in developing countries, is expected to further expand the doughnuts market in the forecast period.

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Doughnuts Industry Definition and Major Segments

A type of food item that is made from fermented or raised dough is called a doughnut or a donut. Doughnuts are highly popular in several countries and are made in a variety of shapes. They are consumed as a sweet snack that can either be prepared at home or bought from bakeries, food stalls, supermarkets, and authorised speciality suppliers.

Doughnuts are normally deep fried and though flour dough is commonly used to prepare them, other types of batters can also be utilised. Several kinds of garnishing and glazing, like sprinkled sugar, chocolate, or maple syrup coating, are also used on doughnuts. The two most popular kinds of doughnuts are ring doughnuts and stuffed doughnuts, which are infused with fruit jellies, cream, custard, or other sweet stuffings.

Based on type, the global doughnuts market can be segmented into:

Yeast Doughnuts
Cake Doughnuts

On the basis of end use, the market has been classified into:

Food Service
Retail

The major distribution channels of doughnuts include:

Hypermarkets and Supermarkets
Speciality Stores
Online
Others

Based on region, the market has been classified into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Doughnuts Market Trends

Popular quick-service restaurants and fast food companies are introducing new items such as doughnuts in their menus to attract the attention of the consumers. For instance, in February 2023, McDonald’s announced that it would sell Krispy Kreme doughnuts at nearly 160 locations within Kentucky, to assess diverse consumer demands for increasing its profitability. Hence, the robust growth of the foodservice sector is expected to propel the doughnuts market.

The increasing number of convenience stores in both developed as well as emerging countries, along with the rising count of retail e-commerce or online platforms, are adding to the doughnuts market demand. Moreover, the growing eminence of in-store bakeries in many supermarkets, especially in developed countries, is also driving the demand for doughnuts.

High-end doughnuts are increasingly gaining popularity in the United States owing to the rising number of shops serving gourmet doughnuts and the robust growth of the sweet bakery sector. Premium or extravagant doughnuts prepared with seasonal jams and high-quality ingredients are also widely popular in the country.

Meanwhile, doughnut businesses are gaining momentum in the countries like India owing to the expansion of key players and the rising availability of extensive varieties of doughnuts.

The increasing doughnut culture is inspiring numerous smaller stalls and artisanal bakeries to incorporate doughnuts into their menus, which is likely to favour the overall doughnuts market in upcoming years.

Key Market Players

The major players in the global doughnuts market are Dunkin’ Donuts LLC, Krispy Kreme Doughnut Corporation, Mister Donut, J.CO Donuts & Coffee, McDonald’s Corporation, Starbucks Corporation, Round Rock Donuts, LLC, Dough Beings, and Federal Donuts, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Mexico Flavours Market To Be Driven By Rising Demand For Natural And Fruit Flavours In The Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Mexico flavours Market Share, Size, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028’, gives an in-depth analysis of the Mexico flavours market, assessing the market based on its segments like major flavoring agents, form and applications.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 652.7 million
Forecast CAGR (2023-2028): 7.7%
Forecast Market Size (2026): USD 945.78 million

The growth of the flavours industry in Mexico is aided by rising disposable income and the emergence of the middle class. Fruit flavours are becoming increasingly popular as consumers prefer foods and beverages with functional ingredients. Fruit flavours can be found in a variety of alcoholic and non-alcoholic beverages, as well as dairy products.

This is leading to a rise in the use of natural flavours, which is boosting market growth. Furthermore, the rising popularity of fruit-flavored breakfast cereals such as banana, blueberry, and pomegranate, among others, is boosting market growth. Citrus flavours are increasingly being used in beverages such as sparkling water and energy drinks due to the numerous health benefits associated with citrus fruits. This is also fueling the growth of Mexico’s flavour industry.

The growing use of high-end products such as sauces and seasonings in a variety of foods is propelling the flavour market in Mexico forward. The young population’s growing preference for innovative and bold flavours is also boosting market growth. Food chains such as Burger King and Dominos are expanding across the country, increasing the use of flavours. The introduction of food delivery services and quick restaurant services is driving up demand for international cuisines and, as a result, driving up the market for flavours. Furthermore, the emergence of retail outlets is increasing demand for convenience and processed food products, which is fueling the growth of the Mexican flavours industry.

Mexico Flavours Industry Definition and Major Segments

Flavours are the distinct flavours of a drink or food that can be used to change or improve the flavour of food and beverages. They can be made with essential oils like lemons and almonds, as well as fruits like bananas and berries. The thriving food and beverage industry makes extensive use of flavours.

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The major flavouring agents of flavours are:

Nature Identical Flavouring Substance
Artificial Flavouring Substance
Natural Flavours

Based on form, the market is bifurcated into:

Liquid
Dry

The market can be broadly categorised on the basis of its applications into:

Beverages
Bakery and Confectionery Products
Dairy and Frozen Desserts
Savouries and Snacks
Others

Mexico Flavours Market Trends

Due to the globalisation of culinary practises, there is expected to be an increase in demand for exotic cuisines such as Indian, Greek, Korean, and Italian cuisines. The growing use of botanical and herbal flavours with provenance claims like hoja santa, epazote, marjoram, lavender, rose, and turmeric in foods and beverages for holistic wellbeing is also driving industry growth. Botanical flavours are becoming more popular in snacks like ice cream and cookies, as consumers prefer ingredients that are plant-based and have health-promoting properties. As a result of the coronavirus pandemic, many consumers have become more concerned about the health and environmental consequences of the food they eat leading to rising demand for natural flavours.

The demand for immunity-boosting foods and beverages is driving the development of a wide range of innovative and delicious products in restaurants across the country. This is fueling the industry’s growth by increasing the use of various flavours. Similarly, major corporations are developing nutrient-dense foods with familiar flavours, propelling the flavour industry in Mexico forward. Furthermore, Mexico’s growing vegan and vegetarian population is driving up demand for plant-based meat substitutes that use a lot of flavouring agents.

Key Market Players

The major players in the market are Givaudan SA, Kerry Group, International Flavors & Fragrances Inc., Wild Flavours (ADM), Tulip Aromatics de México SA de CV, Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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