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Showing posts from July, 2022

Chemical Distribution Market Size, Share & Trends Analysis Report 2021-2028

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

Structured Cabling Market Size, Share & Trends Analysis Report 2022-2030

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

U.S. Digital Signage Market Size, Share, & Trends Analysis Report 2022-2030

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

Dark Fiber Network Market Size, Share & Trends Analysis Report 2022-2030

  Dark Fiber Network Industry Overview The global  dark fiber market  size is predicted to attain USD 13.45 billion by 2030, according to a new report by Grand View Research, Inc. It is anticipated to progress at a CAGR of 11.9% from 2022 to 2030. Dark fiber has emerged as a sustainable solution for various organizations that are focusing on enhanced communication and network management. Continuously increasing penetration of internet services over the period has paved the way for the high demand for internet bandwidth. This demand is expected to remain rampant over the forecast period. This is the most significant factor responsible for market growth across the globe. The market is strongly supported by companies with a high reliance on internet connectivity. These networks are highly beneficial for organizations with a high volume of data flow in their operation. These benefits include reduced network latency, scalability, reliability, and enhanced security.   I...

Commercial Drone Market Worth $501.4 Billion By 2028 | CAGR: 57.5%

  Commercial Drone Industry Overview The global  commercial drone market  size is anticipated to reach USD 501.4 billion by 2028, registering a CAGR of 57.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The rising demand for commercial drones can be attributed to the growing application base across a wide range of end-use verticals, including  real estate  and construction, media and entertainment, and agriculture. Majority of the end-use verticals that involve a high proportion of operational processes are expected to experience substantial productivity gains from drone usage owing to the automation of business operations.   UAVs or drones are reinventing old businesses and even creating new prospects. In 2016, the Federal Aviation Administration (FAA) released regulations related to the usage of commercial drones that clarified the legal landscape for businesses and workers. Since then, the industrial applications of commer...

Dashboard Camera Market Demand To Reach 121.4 Million Units By 2028

  Dashboard Camera Industry Overview The global  dashboard camera market  demand is anticipated to reach 121.4 million units by 2028, registering a CAGR of 14.4% in terms of volume, from 2021 to 2028, according to a new report by Grand View Research, Inc. The number of road traffic accidents and theft incidents is continuously increasing across the globe, thereby resulting in the popularity of dashboard cameras. Dashcam footage provides an appropriate understanding regarding the accountability of a crash when the car is involved in an accident or a high-stress event. This can also lower the insurance costs and speed up the insurance claims.   Dashboard cameras are increasingly gaining prominence in commercial fleets after their usage in police vehicles was popularized. Leading companies in the marketplace are considering numerous benefits offered by dashboard cameras and promoting their installation. These cameras can help control the rising insurance costs by off...