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Global Welding Wires Market Size To Grow At A CAGR Of 4.7% In The Forecast Period Of 2023-2028

The ‘Global Welding Wires Market Trends, Share, Price, Size, Growth, Outlook, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global welding wires market, assessing the market on the basis of its segments like type, material, industry, and major regions.

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

Welding Wires Market Size, Share, Trends, Industry, Key Player, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 4.7%

Welding wires find wide applications in shipbuilding, structure building, automotive, and engineering, which are expected to drive the global welding wires market. Welding wire uses multiple filler metal such as aluminium, mild steel, stainless steel, galvanised steel, and various other alloyed materials. The growing demand and applications of welding have driven the demand for welding wires worldwide, and are expected to continue to do so in the coming years.

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As welding wires directly influence the strength of the overall joint in any welding activity, the importance of good quality welding wires is paramount for adequate strength and durability. Construction and automotive sectors are significant end users of welding wires, as they involve extensive welding processes for components where strength is integral. Developments in welding and welding wire materials are likely to further expand the applications and potential of the welding wires market.

A consumable product, welding wires are in high demand for numerous welding applications, due to which steady growth of the welding wires market is expected in the forecast period. Emerging economies investing in infrastructure development and transportation systems are likely to increase the demand for welding wires further. Use of welding wires in fabrication processes facilitates easy usability and good strength.

Welding Wires Industry Definition and Major Segments

A welding wire is a thin metallic rod that is melted to produce a heated arc in order to fuse metal pieces together by rendering the wire soft and hammering under the applied heat source. Electricity is used in heavy amounts to generate the hot arc to melt the base metal of the joint members which in turn creates fusion. Welding wire can be made of stainless steel, silver, aluminium, and various alloys.

Based on type, the market can be segmented into:

• Composite Metal-Cored Wires
• Gas-Shielded Flux-Cored Arc Welding Wire
• Solid Gas Metal Arc Welding Wire

On the basis of material, the market can be classified into:

• Alloys
• Stainless Steel
• Aluminium
• Others

Based on industry, the market can be divided into:

• Automotive
• Building and Construction
• Oil and Gas
• Others

On the basis of region, the market can be categorised into:

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

Welding Wires Market Trends

The key trends in the global welding wires market include the light weight and better performance efficiency of welding wires due to which it is widely used in the automotive industry. The automotive industry is increasingly using welding as a manufacturing process to meet efficiency and latest safety regulations. Several projects are being introduced in developing countries such as India, Brazil, China, South Africa, and Indonesia to improve the industrial sector as well as infrastructure which is also expected to help in the market growth.

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Various players are investing in research and development activities to innovate new welding wire products with enhanced quality and less complexity. Recent developments include new TIG cut lengths introduced by the Lincoln Electric Company. The new TIG cut lengths contain high silicon formulations with the use of stainless-steel alloys, supporting high-quality and clean welds.

At a regional level, the Asia Pacific welding wires market is expected to grow rapidly due to the rapid rise in the automotive and construction sector in the emerging economies such as India and China. In China, the construction and automotive sectors are growing, helping in the growth of the market for welding wires.

Key Market Players

The major players in the welding wires market report are:

• Lincoln Electric Holdings Inc.
• Changzhou Sanzhong Welding Materials Co., Ltd.
• Gedik Welding Inc.
• Berkenhoff GmbH
• ESAB corporation
• Zika Industries Ltd.
• Chosun Welding Co., Ltd.
• Rywal-RHC Group
• BS Stainless Limited
• Novametal SA
• 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 Tissue Paper Market Size To Grow At A CAGR Of 6.20% In The Forecast Period Of 2023-2028

The ‘Global Tissue Paper Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global tissue paper market, assessing the market on the basis of its segments like product type, application, distribution channel, and major regions.

Tissue Paper Market Size, Share, Trends, Industry, Key Player, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 6.20%

The tissue paper market is growing rapidly because of its increasing use in daily life applications such as cleaning, wrapping, dusting, and other personal use. They offer value in innumerable ways as they have multiple uses and are available in different variations including wrapping tissue, table napkins, sanitary use wipes, facial and bathroom tissues, napkins, and paper towels.

People are becoming more health conscious and thereby maintaining hygiene remains a key reason for the increasing use of tissue papers in numerous settings. They help in reducing the spread of bacteria along with other communicable diseases, an aspect which has helped encourage the adoption of tissue papers globally.

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Tissue papers are extensively used in the cleaning of home decor, various electronic devices, and in wrapping up jewellery and other delicate materials. Immensely versatile, tissue papers are available in wet and dry formats, with uses in personal and commercial settings. Medical procedures also involve the use of tissues to maintain hygiene and cleanliness.

Prevalence of infectious diseases along with characteristics of tissues papers such as ready availability, variety, sustainability, portability, convenience, and environment friendliness, have further fuelled the growth of the tissue paper market.

Tissue Paper Industry Definition and Major Segments

A tissue paper is a thin and translucent type of paper that is generally soft and is commonly used for hygiene purposes, by cleaning various surfaces. There are various types of tissue paper such as facial tissues, wrapping tissues, table napkins, hygienic tissues, paper towels, and toilet tissues. The thickness, softness, and absorption capacity of tissue papers differ depending upon end-use.

Based on product type, the market can be segmented into:

• Paper tissues
• Facial tissues
• Wet Wipes
• Others

On the basis of application, the market can be classified into:

• Household
• Commercial

Based on distribution channel, the market is divided into:

• Online
• Offline

On the basis of region, the market can be categorised into:

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

Tissue Paper Market Trends

The key trends in the global tissue paper market include the development of ultra-absorbent paper towels which are gaining popularity and are witnessing a rapid increase in demand. Expensive tissue papers with specialised scents and applications are also becoming widely used. Research and development of such new innovative products is helping in the expansion of the overall market.

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Development of sustainable and environment-friendly consumer products is a significant trend extending to the market for tissue papers. Key players are developing biodegradable, recyclable, and environmentally-friendly products that reduce cutting of trees. Environmentally-conscious consumers are purchasing such tissue papers even at a higher price.

A variety of natural ingredients such as aloe vera and rose oil among others are being introduced in tissue papers to provide moisturisation, disinfection, and other skin benefits. This is subjected to fuel the growth in the tissue paper market.

At a regional level, the Asia Pacific is expected to witness significant growth in the coming years, as accessibility and awareness of various tissue papers increase. In countries such as India, specialised tissue papers are becoming more common, surging the demand for tissue papers. Disinfecting, moisturising, and travel packs of tissue papers are growing in popularity.

Key Market Players

The major players in the tissue paper market report are:

• Kimberly-Clark Corporation
• Essity Aktiebolag
• Hengan International Group Company Ltd.
• Asia Pulp & Paper (APP) Sinar Mas
• Georgia-Pacific LLC
• The Procter & Gamble Company
• CMPC
• Soffass S.p.a
• Unicharm Corporation
• 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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Middle East And Africa Bus Market Size To Grow At A CAGR Of 4.10% In The Forecast Period Of 2023-2028

The ‘Middle East and Africa Bus Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Middle East and Africa bus market, assessing the market on the basis of its segments like fuel types, bus types, lengths, body types, and major countries.

Middle East and Africa Bus 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): 4.10%

Surge in disposable income is increasing tourism across Middle East and Africa, in regards with this development, an exponential growth in the demand for buses is being witnessed. In addition, the increasing population requires an expansion in transportation channels. The increased mobility stemmed with rising population has called for increase in number of public vehicles. Introduction of initiatives of governments in the region such as free of cost travelling for women is expected to contribute towards the growth of the market for buses.

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Furthermore, the growing trade and commerce sector is also contributing towards the rapid expansion of the Middle East and Africa bus market. Over the forecast period, the predicted increase in demand for public transportation by working and business professionals is anticipated to offer tremendous growth opportunities to the market.

Growing demands for convenient intercity and intracity transportation for availing better employment opportunities is also expected to drive the growth of the market. Various industries rely on public transport services for the availability of skilled workforce, this requirement too is expected to have a positive impact towards the Middle East and Africa bus market growth. However, the growing popularity of vehicle ownership and air travel can possibly pose challenges for the bus market in Middle East and Africa.

Middle East and Africa Bus Industry Definition and Major Segments

A bus is a large vehicle that takes multiple passengers to different locations. The main advantage of this mode of transportation is its cost efficiency; buses make it easier for people without personal vehicles to commute intercity as well as intracity. They are widely used by students and tourists because of their low costs, and extensive seating and storage capacities.

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

• Diesel
• Electric / Hybrid
• CNG
• Others

Based on bus type, the market is bifurcated into:

• Intercity Bus
• Intracity Bus

On the basis of length, the market is segregated into:

• Up to 6 Meter
• 6-8 Meter
• 8-10 Meter
• 12 Meter
• 18 Meter

Based on body type, the market is divided into:

• Fully Built
• Customisable Body

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

• Saudi Arabia
• United Arab Emirates
• South Africa
• Egypt
• Nigeria
• Others

Middle East and Africa Bus Market Trends

The key trends in the Middle East and Africa bus market include the growing investments made by the governments of countries in the region towards renewable energy and clean transportation technologies. These efforts towards sustainable development are likely to surge the demand for public buses which in turn will contribute towards the growth of the market. Widespread concerns among populations and governments regarding increasing pollution and decreasing sustainability has led to growing investments in electric buses. Fossil fuel-powered buses release harmful gases and smoke which in turn contribute to increase in air pollution.

Increasing public inclination towards public buses for travelling long as well as short distances for tourism purposes is also contributing to the growth of the Middle East and Africa bus market. Buses make the journey more convenient and comfortable because of their overhead storage cabinets that make it easier to store luggage, this facility makes covering large distances extremely convenient for passengers. The low ticket prices have also contributed immensely towards the increasing popularity of public buses. Surge in the tourism sector has intensely contributed towards the application of buses as well.

In length terms, 8 to 10 meter buses contribute significantly to the Middle East and Africa bus market, owing to increasing convenience for drivers to move around smaller cities and towns in the region. Standardised purchase of 8 to 10 meter buses is relatively inexpensive and convenient, these trends too contribute significantly towards the overall growth of the market.

Key Market Players

The major players in the Middle East and Africa bus market are:

• Yutong Bus Co., Ltd.
• Daimler Truck Holding AG
• AB Volvo
• MAN SE
• Toyota Motor Corporation
• Marcopolo S.A.
• Higer Bus Company Limited
• Scania AB
• Hyundai Motor Company
• BYD Motors 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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Global Molded Case Circuit Breaker Market Size To Grow At A CAGR Of 4.30% In The Forecast Period Of 2023-2028

The ‘Global Molded Case Circuit Breaker Market Price, Size, Size, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global molded case circuit breaker market, assessing the market based on its segments like rated currents, end-users, 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.

Molded Case Circuit Breaker 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%

Circuit breakers are one of the most critical elements of an electric circuit system. Molded case circuit breaker or MCCB can be defined as an electromagnetic mechanism that links an existing complex device with heat sensitive electromagnetic appliance to safeguard an electrical circuit from any harm triggered by the overflow of current and short circuit. Circuit breakers are utilised to link and delink low voltage circuits and shield wiring by mechanically separating the circuits while they are congested or in case of a short circuit.

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An increase in the consumption of electricity and the expanding distribution of power networks are augmenting the molded case circuit breaker market demand.

With rapid industrialisation and urbanisation, the implementation of circuit breaker power safety solutions in the industrial, residential, and commercial sectors is surging, fuelling the molded case circuit breaker market development.

The increasing preference for more reliable energy source to safeguard devices and appliances is driving the adoption of molded case circuit breakers. Besides, such circuit breakers reduce operational costs since they prevent heavy appliances from any kind of damage in case of a faulty situation.

Molded Case Circuit Breaker Industry Definition and Major Segments

A molded case circuit breaker or MCCB refers to an electrical security device that is utilised to safeguard the electrical circuit from the overflow of current, which may lead to a short circuit and damage a device or an appliance. Molded case circuit breakers or MCCBs mechanically drop off the passing current in case the current limit surpasses the trip setting. These circuit breaks generally include thermal magnetic trip units. Owing to their compact structure, molded case circuit breakers cannot be serviced easily.

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Based on rated current, the molded case circuit breaker market can be segmented into:

• 0A – 75A
• 75A – 250A
• 250A – 800A
• Above 800A

On the basis of end-users, the market is classified into:

• Industrial
• Residential and Commercial
• Power Utilities
• Others

By regions, the market is divided into:

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

Molded Case Circuit Breaker Market Trends

The increasing demand for molded case circuit breakers from the commercial and residential sectors to ensure security and dependability for the speedy function of electrical circuits is likely to encourage the market growth.

Further, the market is likely to benefit from the growing investments by the leading market players to drive enhancements and innovations in molded case circuit breakers to meet evolving consumer demands.

The growing energy requirement, along with the expanding supply of electricity, is exposing electrical issues like short circuits or excessive thermal flows. This, in turn, is expected to surge the demand for molded case circuit breakers in the forecast period.

The increasing energy demand and the requirement for consistent electric supply in the manufacturing sector to manufacture iron and steel, non-ferrous metals, refining, general chemicals, food, non-metallic minerals, and paper, among others, are supporting the molded case circuit breaker market growth.

Geographically, the molded case circuit breaker market in the Asia Pacific is likely to observe considerable progress in the upcoming years, owing to the expanding electricity and power grid networks, especially in developing countries.

Key Market Players

The major players in the global molded case circuit breaker market are:

• ABB Ltd.
• Hitachi, Ltd.
• Eaton Corporation Plc
• Legrand
• WEG Equipamentos Elétricos S.A.
• Rockwell Automation Inc.
• Eaton Corporation PLC
• Siemens AG
• 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 Naval Vessels And Surface Combatants Market Size To Grow At A CAGR Of 2.60% In The Forecast Period Of 2023-2028

The ‘Global Naval Vessels and Surface Combatants Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global naval vessels and surface combatants market, assessing the market based on its segments like platforms, systems, applications, and regions.

Naval Vessels and Surface Combatants 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): 2.60%

Naval vessels and surface combatants are the most developed and modernised warships that are normally utilised during a battle. Surface combatants, also called surface ships or surface vessels, are a subcategory of naval war vessels that use their private weapons and armed forces for engaging in wars on the surface of the water. Their aim is to involve space, air, surface, and underwater targets with arms and ammunition used from the ship itself, instead of manually carried craft.

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The increasing risk of wars amid growing geopolitical tensions and developing naval dangers like smuggling, piracy, and terrorism are likely to propel the naval vessels and surface combatants market demand. Nations like Russia, China, India, the United Kingdom, France, and Canada comprise fleets that are quickly ageing and need substitutions. Therefore, the introduction of government initiatives to improve naval resources and facilities while modernising and replacing obsolete vessels is anticipated to bolster the sales of naval vessels and surface combatants.

With growing technological advancements, manufacturers are integrating innovative and developed digital technologies like high-speed processors, warfare management systems, data networks, as well as automation and sensor synthesis solutions to enhance the efficiency of naval vessels and surface combatants.

Naval Vessels and Surface Combatants Industry Definition and Major Segments

Naval vessels and surface combatants refer to technologically developed and modernised war vessels that are utilised for sea-based combat. Naval war vessels are well stocked with their private weapon launches structure like anti-submarine rocket catapults, torpedo-releasing systems, rocket catapults, and vertical missile catapults. Naval vessels and surface combatants can also help in supplying ammunition and fuel apart from attacking or guarding a territory. There are numerous types of naval vessels and surface combatants such as frigates, corvettes, destroyers, and amphibious ships, among others, that can function in the hardest landscapes.

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Based on platforms, the naval vessels and surface combatants market can be segmented into:

• Aircraft Carriers
• Destroyers
• Corvettes
• Amphibious Ships
• Frigates
• Auxiliary Vessels

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

• Marine Engine System
• Weapon Launch System
• Sensor System
• Control System
• Electrical System
• Auxiliary System
• Communication System
• Others

The market, based on applications, is divided into:

• Search and Rescue
• Combat Operations
• MCM Operations
• Costal Surveillance
• Others

Based on regions, the market is classified into:

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

Naval Vessels and Surface Combatants Market Trends

Advancements in modernised naval vessel technologies like unmanned vessels and IoT enabled combat warships are likely to favour the naval vessels and surface combatants market development. The expansion of underwater vessels is another factor propelling the market growth of naval vessels and surface combatants.

One of the major trends of the naval vessels and surface combatants market is the deployment of the 3D printing technology to facilitate the swift development of warships and submarines featuring refined and modern geometries. Besides, the integration of artificial intelligence (AI) and machine learning (ML) is revolutionising the design prospects of nasal vessels and surface combatants and bolstering the market development.

The rising number of naval movements to strengthen collaboration between naval powers, increasing naval expenses, developing marine and naval conflicts, and growing number of sea and ocean exploration projects are some of the key factors guiding the naval vessels and surface combatants market.

The frigate segment has been accessed to account for a considerable share of the market in the upcoming years. This can be attributed to the rising demand for multirole vessels with multispectral abilities, such as air defence, anti-surface warfare, and anti-submarine warfare.

Region-wise, North America is anticipated to lead the global market for naval vessels and surface combatants in the coming years. This is primarily due to the supremacy of the United States in the naval vessels sector and the rising adoption of new and developed military weapons platforms by the country to sustain an advantage over its rivals.

Key Market Players

The major players in the global naval vessels and surface combatants market are:

• ADSB
• Austal Limited
• BAE Systems Plc
• General Dynamics Corporation
• Damen Shipyards Group
• Hyundai Heavy Industries Co., Ltd.
• Mazagon Dock Shipbuilders Limited
• 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 Cloud Storage Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Cloud Storage Market Trends, Share, Price, Size, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of global cloud storage market, assessing the market based on component, deployment type, organization size, industry and major regions.

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.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/cloud-storage-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 56 Billion
Forecast CAGR (2023-2028): 21.9%
Forecast Market Size (2026): USD 182 Billion

COVID-19 has prompted companies to shift to cloud environments to cope with the issue and simplify everyday data access, sharing, and work collaboration for its geographically distributed employees. The proliferation of cloud adoption has boosted enterprise adoption of cloud storage solutions for business continuity, workload management, and data storage. As a result of the cloud’s scalability, flexibility, and ubiquitous availability, demand for services such as consulting, training, support, and maintenance is rising.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/cloud-storage-market

Cloud Storage Industry Definition and Major Segments

The user can store data via a cloud computing provider that maintains and runs data storage as a service on the internet with cloud storage. The data saved and available from many resources that are spread and networked.

On the basis of component, the industry is segmented into:

Service
Solutions

Based on deployment type, the industry is segmented into:

Private
Public
Hybrid

Based on organization size, the industry is divided into:

Large
Medium
Small

Based on industry, the market for cloud storage is classified as

BFSI
Government & Public Sector
Healthcare
IT
Telecom
Retail
Manufacturing
Media and Entertainment
Among others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Cloud Storage Market Trends

The BFSI sector will hold the largest market share in the cloud storage market. Because BFSI firms need to manage, recover and secure enormous amounts of data, numerous cloud strategies are regularly used. This constant moves to multi-cloud environments for improved scalability, low latency and data safety leads to the demand for cloud storage solutions for efficient cloud data analysis.

The North American region is a mature market for cloud storage solutions. Currently, the US is home to well-established providers and end-users that continually adapt to new technologies for increased corporate productivity and job efficiency in the cloud storage market country. Companies in the USA are taking advantage of cloud storage solutions that offer high flexibility, scalability, and low maintenance costs.

Key Market Players

The major players in the market are Alibaba Group Holding Limited, Amazon Web Services, Inc., Dell Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, and Microsoft Corporation and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Fantasy Sports Market To Be Driven By Technological Advancements And Innovations During The Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Global Fantasy Sports Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028, gives an in-depth analysis of the global fantasy sports market, assessing the market based on its segments like applications, manufacturing process and major regions.

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 analyzing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/fantasy-sports-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 18.3 billion
Forecast CAGR (2023-2028): 14.2%
Forecast Market Size (2026): USD 40.6 billion

The expansion of the fantasy sports market is mostly due to technological advancements and inventions. The industry’s expansion is being aided by the development of programmes that use virtual reality (VR) to enhance the qualities of fantasy sports. In addition, analytics and big data are used in a variety of fantasy sports to improve user base, engagement, and communication for a better user experience, hence aiding the industry’s growth. Fantasy sports are also becoming more gamified, with fans being able to customise their teams, players, and management.

The use of artificial intelligence (AI) and machine learning to answer consumer questions will accelerate the expansion of the fantasy sports market in the coming years.

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Fantasy Sports Industry Definition and Major Segments

A fantasy sport (also known as rotisserie or roto) is an internet game in which users create fictional or virtual professional sports teams. These teams compete based on their players’ statistical performance in actual games. This performance is turned into points, which are collected and totaled using a roster determined by the administration of each fantasy team. These point systems can be simple enough to be computed manually by a “league commissioner” who oversees and governs the entire league, or they can be collated and calculated using computers that follow genuine professional sport results.

By type, the market is divided into:

Football
Baseball
Basketball
Hockey
Cricket
Others

By platform, the market is divided into:

Website
Mobile Application

By demographics, the market is divided into:

Under 25 Years
25-40 Years
Above 40 Years

By region, the industry is categorised into:

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

Fantasy Sports Market Trends

The popularity of sports leagues like the National Football League (NFL) and the Indian Premier League (IPL) is increasing demand for cutting-edge technologies. This is rejuvenating the fantasy sports industry, as it is an important tool for active fan participation and is becoming more popular in a variety of sports. Additionally, higher smartphone ownership and improved internet access are likely to boost customer numbers and boost business growth.

Additionally, because of the hectic lifestyles of young people, there is an increasing need for adventure-based entertainment, which is driving market expansion. The fact that gambling is outlawed in many countries is strengthening the market for fantasy sports, which allows players to demonstrate their skills and talents. Furthermore, significant organisations’ growing investment in digital advertisement space to raise awareness and sales of their services provides a great potential for essential vendors to grow their revenue streams.

Google recently changed its advertising policy to require fantasy sports advertisers to meet basic creative criteria and receive state licences in order to promote their services, reversing a long-standing limitation on fantasy sports organisations buying adverts. Advertisers on Google sites like Search and YouTube, as well as Google Ads and DV360, are benefiting vendors like FanDuel, DraftKings, and Yahoo Daily Fantasy. It has increased the awareness of the platform and has helped to open a new world of opportunity.

The utilisation of analytical data has given the sports betting and fantasy gaming sectors a new dimension. This data can be used to display information about players and teams in fantasy gaming apps. The information can also be used by someone who is playing a fantasy game and wants to pick his own players and earn money. Over the forecast period, the market is expected to rise due to the increasing use of analytical data in fantasy gaming.

Owing to the growing number of users in various fantasy sports, North America is contributing considerably to total industry growth. The rise of the fantasy sports sector is being fueled by the increasing availability of high-speed internet connectivity and the expanding popularity of sports such as football and baseball in the region. Furthermore, the use of cutting-edge technologies such as blockchain and artificial intelligence (AI) to deliver more immersive experiences is boosting fantasy sports’ popularity, hence assisting market growth.

Aside from that, the Asia Pacific region is experiencing strong growth as a result of the growing popularity of fantasy sports in India. Due to the growing popularity of cricket and football in India, it is quickly becoming one of the largest markets for fantasy sports. This is projected to improve the overall fantasy sports industry’s growth. Countries with strong sporting cultures, such as China and Japan, are likely to contribute significantly to the regional market’s growth. The regional market is predicted to grow as a result of continued digitalization, aggressive investments in sports, and the introduction of new athletic leagues.

Key Market Players

The major players in the market are FantasyPros, Roto Sports, Inc., Fantrax, GoodGamer Corp., Rotoworld, FanDuel Group, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Grid-Scale Battery Market Size To Grow At A CAGR Of 33.10% In The Forecast Period Of 2023-2028

The ‘Global Grid-Scale Battery Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global grid-scale battery market, assessing the market on the basis of its segments like type, ownership, application, and major regions.

Grid-Scale Battery Market Size, Share, Trends, Industry, Key Player, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 1.82 billion
• Forecast CAGR (2023-2028): 33.10%

The market size for grid-scale batteries is being driven by the shifting preference towards renewable energy. Grid-scale batteries are being increasingly implemented to enable storage of energy generated by power networks. During times of low demand, these batteries enable the storage of extra energy and discharge it into the grid during times of high demand. Systems for grid-scale battery storage are frequently being used to store renewable energy. Electric power grid modernisation is likely to propel the grid-scale battery market growth further.

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Rising demand for improved energy supply networks and rapidly decreasing battery technology costs have encouraged market players to increase their investments in battery energy storage systems. Numerous governments around the world are focusing on the development and implementation of battery energy storage systems to meet the increasing energy demands.

Grid-Scale Battery Industry Definition and Major Segments

Grid-scale batteries are a form of an electrochemical device that are capable of accommodating high levels of renewable energy while aiding grid stability, which helps in improving power generation, transmission, and distribution. Grid-scale batteries are employed for various applications including load shifting, peak power, transmission, and VAR control, among others.

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By type, the market is divided into:

• Lithium-Ion Battery
• Lead Acid Battery
• Flow Battery
• Sodium-Ion Battery
• Zinc Hybrid
• Others

Based on ownership, the market is bifurcated into:

• Third-Party Owned
• Utility Owned

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

• Renewables
• Peak Shifting
• Ancillary Services
• Backup Power
• Others

Grid-Scale Battery Market Trends

The area of North America has taken several actions to encourage the production of electricity from renewable energy sources. Due to this, the market for renewable energy is anticipated to surge in the North American area and support the expansion of the grid-scale battery market during the projected period.

Prisma and pouch cells have excellent characteristics, such as more design freedom, a smaller module-level dead volume, and ease of customisation, which is why they are increasingly being utilised in grid-scale batteries. The market development of grid-scale batteries is being aided by market participants’ attempts to increase lithium-ion battery production capacity.

Improvements in lithium-ion battery chemistry have enhanced battery performance, which is anticipated to aid the growth of the grid-scale battery market throughout the forecast years. The demand for grid-scale batteries is anticipated to surge during the forecast period owing to the ongoing depletion of fossil fuel reserves and the rapid adoption of renewable energy aided by favourable policies by various governments.

Key Market Players

The major players in the grid-scale battery market report are:

• ABB Ltd.
• Hitachi Energy Ltd.
• Sumitomo Electric Industries, Ltd.
• LG Energy Solution
• Leclanche SA
• 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 Snack Food Products Market Size, Share, Price, Report and Forecast 2023-2028

The ‘Global Snack Food Products Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global snack food products market, assessing the market on the basis of its segments like type, distribution channels, and major regions.

Snack Food Products Market Size, Share, Price, Trends, Growth, Key Players, Report and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 1,490.6 billion
• Forecast CAGR (2023-2028): 2.80%
• Forecast Market Size (2028): USD 1,759.22 billion

The increasing demand for clean-labelled snack food products, owing to their easy accessibility, changing lifestyles, and rising disposable income, is driving the snack food products market. The growing popularity of convenience snack food products with high nutrition, among the working population, is further adding to the market growth. The increasing awareness pertaining to the benefits offered by snack food products and their role as energy boosters is further fuelling the product’s demand.

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Over the forecast period, the anticipated increase in the sale of snack food products with added nutrients and vitamins, such as frozen fruits and veggies, low fat yogurt, and hummus, among others, are expected to bolster the growth of the market for snack food products. The increasing demand for frozen snacks, such as ice-cream, bread, pizza, sausage, and chicken breast, among others, in households, owing to the long shelf life of the products, is expected to expand the market revenue in the coming years. Furthermore, the rising standards of living and rapid urbanisation across the developing economies are likely to add to the snack food products market growth by easing their accessibility.

Snack Food Products Industry Definition and Major Segments

Snack food products refer to the food items which are taken in small amounts usually in between heavy meals. Snack food products are available everywhere and come in a variety, such as potato chips, nachos, corn, and bagels, among others. These are usually ready-to-eat or can be quickly and easily prepared.

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Based on type, the market is segmented into:

• Frozen Snacks
• Savoury Snacks
• Fruit Snacks
• Confectionery Snacks
• Bakery Snacks
• Others

By distribution channels, the market is divided into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others

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

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

Snack Food Products Market Trends

The key trends in the global snack food products market include the innovations in marketing strategies by key market players owing to the increasing number social media users. Rising investments towards advertising and short video production across social media platforms are attracting a great number of consumers every year.

Growing innovations in the preparations, leading to the addition of proteins, carbs, and various vitamins and minerals in snack foods, coupled with the increasing investments towards high-quality packaging are leading to enhanced customer retention. The thriving e-commerce sector is also a crucial trend in the snack food products market. Emergence of quick grocery delivery applications that can be accessed form smartphone, is fuelling the sale of bakery snacks, fruit snacks, and savoury snacks, among others.

In geographical terms, Asia Pacific accounts for a significant share in the market. This can be attributed to the large populations of snack food consumers across emerging economies such as India and China. Youth in particular are experimenting with various types of snack foods that they can fit into their busy schedules. Rising popularity of seafood snacks across Japan and South Korea is further expanding the market opportunities.

Key Market Players

The major players in the global snack food products market report are:

• General Mills Inc.
• PepsiCo, Inc.
• Nestle S.A
• Kellogg Company
• Conagra Brands, Inc.
• Mondelez International
• 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 Octopus Market Size To Grow At A CAGR Of 1.20% In The Forecast Period Of 2023-2028

The ‘Global Octopus Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global octopus market, assessing the market on the basis of its segments like product type, distribution channel, and major regions.

Octopus 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): 1.20%

The demand for octopus is being driven by its growing usage in variety of cuisines and food products. It offers various health benefits due to its nutritional profile which comprises of iron, omega-3, selenium, and vitamin B12, among others. Hence, the increasing inclination towards health and fitness is leading to growing consumption of octopus.

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Moreover, the consumption of octopus-based preparations is also driven by curiosity which is a major octopus market driving factor. Increasing popularity of octopus-based dishes such as sushi, sashimi, karaage, and sour salad, among others, is further adding to the market growth. Increasing footfall in luxurious restaurants, hotels, and high-quality fast-food chains which serve unusual foods is attracting customers, further increasing the popularity of octopus. The exponential growth of sea fishing across the emerging economies, coupled with policies of various governments encouraging aquaculture and seafood trade, is another crucial driving factor of the global market for octopus.

Over the forecast period, the anticipated increase in demand for fresh octopus across commercial and household end-users is likely to generate greater revenue for the market. Moreover, the growing availability of fresh octopus across supermarkets and hypermarkets is leading to higher sales of raw octopus for home cooking. The increasing demand for frozen octopus, owing to its greater shelf-life, is also bolstering the octopus market dynamics.

Octopus Industry Definition and Major Segments

Octopus is a mollusc of the Octopoda order with eight tentacles, a round body, and bulging eyes. Typically found at the bottom of seas, octopus are widely consumed as a source of food as they are rich in vitamins, minerals, and proteins. They can be prepared in a variety of ways; however, beaks are generally avoided for consumption.

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Based on product type, the market is segmented into:

• Fresh
• Processed
• Others

By distribution channel, the market is bifurcated into:

• Direct
• Indirect

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

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

Octopus Market Trends

The key trends in the global octopus market include the rising investments by the major food and beverage producers towards social media marketing and advanced advertising strategies targeted at spreading awareness about innovative recipes and packaged products derived from octopus. The thriving e-commerce sector is leading to a heightened sale of canned and premium packaged octopus products. Increasing demand for octopus among athletes, to improve sports performance is a crucial trend in the octopus market.

Technological advancements in octopus processing technologies, involving high-end machineries with enhanced capabilities are expected to improve the supply chain of octopus in the forecast period. Increasing efforts by major market players aimed towards developing user-friendly distribution channels with quick transportation facilities are playing a pivotal role in the market.

In regional terms, Asia Pacific accounts for a significant share in the market, driven by the high demand for seafood across Japan, China, and South Korea. These nations are traditional consumers of octopus and restaurants and fast-food stalls provide a variety of octopus-based dishes. Meanwhile, North America is expected to witness a steady growth in the forecast period, owing to the increasing health consciousness leading to a higher consumption of nutritional seafoods.

Key Market Players

The major players in the global octopus market report are:

• Pescanova Hellas EPE
• Frigorificos De Camarinas S.L.
• Siam Canadian Foods Co. Ltd.
• Tulip Group Inc
• Mackay Reef Fish Pty Ltd.
• Amigo Sea Food Co.
• Others

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