Sustainable Finance Market Focusing On The Basis Of Asset Class, Offerings, Investment Style, Investor Type, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Sustainable Finance Market Size, Share & Trends Analysis Report By Asset Class, By Offerings, By Investment Style, By Investor Type, By Region, And Segment Forecasts, 2023 – 2030

The global sustainable finance market size is expected to reach USD 2,589.90 billion by 2030, growing at a CAGR of 22.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rise of impact investing has been a significant driver of the sustainable finance industry. Impact investors aim to generate measurable positive social and environmental impacts alongside financial returns. This approach has attracted diverse investors, including institutional investors, high-net-worth individuals, and philanthropic foundations.

The demand for impact investments has created a broader ecosystem supporting sustainable finance and channeling capital toward projects addressing pressing societal and environmental challenges. Moreover, international initiatives and collaborations have been crucial in driving the growth of the sustainable finance industry. Global agreements such as the Paris Agreement and the United Nations Sustainable Development Goals (SDGs) have set a clear agenda for sustainable development, mobilizing financial resources and catalyzing action.

In September 2022, Novata and S&P Global Market Intelligence formed a partnership to offer private market investors an integrated data solution that streamlines the collection of financial, environmental, social, and governance data. As part of this collaboration, Novata’s ESG data platform will be accessible to S&P Global Market Intelligence customers, enabling them to seamlessly combine ESG data with financial data, thereby providing a comprehensive source of insights. By leveraging this partnership, investors would benefit from a more holistic understanding of both the financial and sustainability performance of companies operating in the private markets.

The COVID-19 pandemic has highlighted the interconnectedness between environmental, social, and economic factors. Investors and companies increasingly realize that sustainable practices can contribute to long-term profitability and resilience. This shift in mindset has encouraged businesses to incorporate sustainability into their strategies, resulting in increased demand for sustainable financing options.

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Sustainable Finance Market Report Highlights

• The equities segment dominated the market in 2022. Equities offer the potential for long-term capital appreciation and returns. Sustainable companies that effectively manage ESG risks and opportunities are expected to outperform their peers in the long run. As investors recognize the financial benefits of sustainability, they are drawn to equities as an asset class that can provide both financial returns and a positive impact
• The ETFs/Index funds segment is expected to grow at a promising CAGR during the forecast period. The growing demand for ETFs/index funds reflects the increasing awareness and interest in sustainable investing. Investors are becoming more conscious of the long-term impact of their investments and seek opportunities that generate both financial returns and positive environmental or social outcomes. The availability of a wide range of sustainable themes and indices within ETFs/Index funds allows investors to tailor their investments to specific sustainability objectives, further driving the expansion of the segment
• The passive segment is anticipated to grow at the fastest CAGR over the forecast period. The growth of passive investing in the sustainable finance industry is propelled by advancements in ESG data and scoring methodologies, enabling robust sustainable indexes. As a result, passive investing plays a crucial role in democratizing sustainable investing, making it accessible to a wider range of investors and contributing to the overall expansion of the market
• The retail investors segment is expected to grow at a significant CAGR in the coming years. The demand for transparency and accountability from companies and investment providers has led to the development of a wide range of sustainable investment options tailored for retail investors, including sustainable mutual funds, exchange-traded funds, and impact investing platforms, fueling the segment’s growth
• Europe dominated the market in 2022. Europe boasts a robust ecosystem of sustainable finance organizations, including sustainable banks, asset managers, and rating agencies, that contribute to developing and promoting sustainable finance practices

Sustainable Finance Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 623.39 billion
Revenue forecast in 2030	USD 2,589.90 billion
Growth rate	CAGR of 22.6% from 2023 to 2030
Base year of estimation	2022
Historical data	2017 – 2021
Forecast period	2023 – 2030

List of Key Players in the Sustainable Finance Market

• BlackRock, Inc.
• State Street Corporation
• Morgan Stanley
• UBS
• JPMorgan Chase & Co.
• Franklin Templeton Investments
• Amundi US
• The Bank of New York Mellon Corporation
• Deutsche Bank AG
• Goldman Sachs

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Synthetic Data Generation Market Segmented On The Basis Of Data Type, Modeling Type, Offering, Application, End-Use, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Synthetic Data Generation Market Size, Share & Trends Analysis Report By Data Type, By Modeling Type, By Offering, By Application, By End-use, By Region, And Segment Forecasts, 2023 – 2030

The global synthetic data generation market size is anticipated to reach USD 1.79 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 35% from 2023 to 2030. Synthetic data has disrupted most industries with the affordability and accessibility of quality training data. Artificial data has gained ground to boost AI and innovation by minimizing data barriers.

Moreover, the exponential growth of smartphones and other smart devices has contributed to the growth of the industry. For instance, customers will receive an uptick from synthetic data to assess the performance of camera modules and decide the optimal camera placement in the car cabin. With the soaring demand for AI systems, synthetic data generation tools will likely gain traction.

It is worth noting that synthetic data is generally used in tandem with real-world data to test and develop AI algorithms. As companies across industry verticals adopt digitization, industry players are poised to emphasize artificial data to bolster strategies. Synthetic data has the innate ability to enhance the performance of computer vision algorithms to develop intelligent assistants in virtual reality and augmented reality and detect hate speech. Social media platforms, such as Meta (Facebook), could exhibit traction for synthetic data.

For instance, in October 2021, Facebook was reported to have acquired AI. Reverie, a synthetic data startup. It is worth mentioning that in July 2020, AI. Reverie was awarded a USD 1.5 million Phase 2 Small Business Innovation Research (SBIR) contract by AFWERX, an innovation arm of the U.S. Air Force. The company was expected to create synthetic images to train the accuracy of navigation vision algorithms.

The IT & telecommunication sector has shown an increased inclination for artificial data for increased security, scalability, and speed. End-users are likely to seek synthetic data to do away with roadblocks of security and privacy protocols. Some factors, such as advanced privacy-preserving, anonymization, and encryption, have encouraged leading companies to inject funds into synthetic data generation tools.

For instance, in October 2021, Türk Telekom announced infusing funds into four AI-based startups, such as Syntonym, B2Metric, QuantWifi, and Optiyol. Notably, Syntonym is a synthetic data anonymization technology developer.

Asia Pacific is expected to provide lucrative growth opportunities in the wake of the rising prominence of computer vision software, predictive analytics, and natural language processing. For instance, the use of artificial data to organize training data for natural language understanding has grown in popularity. China, Australia, Japan, and India could all be searched for prominently synthetic data to streamline privacy compliance and support client-centered goods and services.

With AI, machine learning, and metaverse counting heavily on large datasets to function effectively, the need for data protection could shift attention towards artificial data. Besides, several data scientists are banking on synthetic data to propel their real-world records and garner actionable insights.

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Synthetic Data Generation Market Report Highlights

• The fully synthetic data segment will grow owing to the need for increased privacy across emerging and advanced economies
• Based on end-use, the healthcare & life sciences segment will witness a notable CAGR in the wake of heightened demand for privacy-protecting synthetic data
• North America market value will be pronounced on the back of the rising footfall of computer vision and NLP
• Geographic expansion may also be noticeable in the coming years. The BFSI, healthcare, manufacturing, and consumer electronics industries continue to rely heavily on synthetic data as a growth enabler and established. Up-and-coming players are expected to strengthen their value propositions

Synthetic Data Generation Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 218.35 million
Revenue forecast in 2030	USD 1.79 billion
Growth rate	CAGR of 35% from 2023 to 2030
Base year for estimation	2022
Historical data	2017 – 2021
Forecast period	2023 – 2030

List of Key Players in the Synthetic Data Generation Market

• Mostly AI
• Synthesis AI
• Statice
• YData
• Ekobit d.o.o.
• Hazy
• Kinetic Vision, Inc.
• Kymera-labs
• MDClone
• Neuromation
• TwentyBN
• DataGen Technologies
• Informatica Test Data Management

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Hydrofluoric Acid Market Outlook On The Basis Of Grade, Application, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Hydrofluoric Acid Market Size, Share & Trends Analysis Report By Grade (Anhydrous, Diluted), By Application (Fluorocarbon, Metal Pickling), By Region (North America, EU, APAC), And Segment Forecasts, 2022 – 2030

The global hydrofluoric acid market size is expected to reach USD 1.69 billion by 2030, according to a new study by Grand View Research, Inc. The market is estimated to witness a CAGR of 5.6% during the forecast years. Increasing the consumption of hydrofluoric acid in the production of fluorochemicals and fluorine components worldwide is likely to boost the demand over the forecast period. It is an aqueous form of hydrogen fluoride and is mainly used for industrial purposes, such as metal cleaning, glass etching, and electronics production among others. It is also used in home rust removers. There are mainly two grades of the product available in the market; anhydrous and diluted hydrofluoric acid. The demand for anhydrous hydrofluoric acid is rising as it is less toxic and provides better quality at low temperatures.

A rise in the production level of fluorochemicals in the U.S. and Germany is further favoring the global demand. In the Asia Pacific region, the increasing production of fluorocarbons and the presence of large-scale manufacturers are expected to boost the market growth. The product demand is anticipated to rise in India during the forecast period on the account of the increasing production of aluminum and aluminum products wherein hydrofluoric acid is a key raw material. The global market is highly fragmented with the presence of numerous players in both developed and developing economies. Key players are focusing on mergers and acquisitions to increase their presence throughout the value chain. The majority of the industry players are focusing on product advancements aiming at the development of new products with eco-friendly characteristics to cater to a broader application market.

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Hydrofluoric Acid Market Report Highlights

• The anhydrous grade segment accounted for the largest share of the global revenue in 2021 due to the rising demand in various applications, such as surfactants, fluorochemicals, and metal cleaners among others
• Metal pickling emerged as the fastest-growing application segment in 2021 and is likely to witness a steady CAGR from 2022 to 2030 due to the high growth in steel production in the past few years
• Fluorocarbon emerged as the largest application segment in 2021 due to the increased production levels across different countries including China, India, the U.S., and Germany
• Moreover, the rising demand for air conditioning and refrigerating systems is expected to drive the segment
• Asia Pacific is projected to witness the fastest CAGR over the forecast period due to the abundance of raw material along with the presence of numerous large-scale manufacturers

Hydrofluoric Acid Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 1.08 billion
Revenue forecast in 2030	USD 1.69 billion
Growth rate	CAGR of 5.6% from 2022 to 2030
Base year for estimation	2021
Historical data	2018 – 2020
Forecast period	2022 – 2030

List of Key Players of Hydrofluoric Acid Market

• Daikin
• Dongyue Group
• Sinochem
• Yingpeng Chemical
• Honeywell International Inc.
• Stella Chemifa Corp.
• Koura Global
• Lanxess
• Solvay

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Waste Management Market Segmented On The Basis Of Service Type, Waste Type, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Waste Management Market Size, Share & Trends Analysis Report By Service Type (Collection, Transportation, Disposal), By Waste Type, By Region, And Segment Forecasts, 2023 – 2030

The global waste management market size is expected to reach USD 1,966.19 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% from 2023 to 2030. Proactive government measures to decrease illegal dumping and the rising adoption of waste-to-energy (WTE) incineration and recycling techniques are anticipated to boost the market growth.

Rapid industrialization in developing countries such as India and China generates waste and causes pollution by the end-use industries. Rising environmental awareness regarding renewable waste management among individuals and increasing CO2 emissions across the globe are expected to have a positive impact on the market growth over the forecast period.

The adoption of plastics in packaging, consumer goods, transportation, electrical/electronic, and machinery manufacturing industries is witnessing significant growth. Rising demand for consumer electronics such as mobiles, which are typically composed of 40% plastic, PCs/laptops, washing machines, and dishwashers is expected to boost the market growth.

The demand for electronic products is rising rapidly globally, resulting in the increased generation of e-waste. The electronics companies are focusing on the usage of recycled material for production to limit the environmental degradation caused by e-waste. The rising demand for recycled materials from the electronics industry is expected to foster market growth.

The governments of various countries have introduced regulations regarding the effective disposal of wastes such as the landfill directive (1999/31/EC) standards for landfills announced by the European Union. The rising adoption of these regulations is expected to enhance sustainable waste management practices including recycling and anaerobic digestion, thereby fueling the market growth.

Companies are focusing on mergers and acquisitions to increase the consumer base and expand their geographical presence. For instance, in October 2020, Waste Management acquired Advanced Disposal Services, providing waste management services to around new 3 million residential, industrial, and commercial customers in the U.S.

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Waste Management Market Report Highlights

• The disposal segment is estimated to expand at the highest CAGR of 5.9% over the forecast period as the sustainable methods of disposal reduce pollution and recycled materials can also be used in various end-use industries
• The industrial waste type segment accounted for the largest revenue share of over 85.9% in 2022 owing to the increasing generation of waste from several end-use industries such as oil & gas, chemical, construction, and electronics
• Asia Pacific led the industry and accounted for over 24.5% share in 2022 on account of the rising adoption of various waste management techniques for limiting the environmental degradation in the region
• India is estimated to expand at a lucrative CAGR of 7.2% from 2022 to 2030, in terms of revenue, on account of the rising awareness regarding health hazards and diseases caused by improper waste disposal in the country
• In May 2021, SUEZ entered into a partnership with Eramet, a key manufacturer in the extraction and valorization of metals, to offer a sustainable and high-performance battery recycling solution for the European market

Waste Management Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 1,355.82 billion
Revenue forecast in 2030	USD 1,966.19 billion
Growth Rate	CAGR of 5.4% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in Waste Management Market

• Waste Management
• Suez
• Valicor
• Veolia
• Waste Connections
• Republic Services
• Biffa
• Clean Harbors
• Covanta Holding
• Daiseki
• Hitachi Zosen
• Remondis Se & Co. Kg
• Urbaser
• Fcc Environment
• Biomedical Waste Solutions
• Stericycle

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Bulk Food Ingredients Market Segment Analysis By Category, Application, Region And Forecast Till 2028: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Bulk Food Ingredients Market Size, Share & Trend Analysis Report By Category (Primary Processed, Secondary Processed), By Application (Bakery & Confectionery, Snacks & Spreads) By Region, And Segment Forecasts, 2022 – 2028

The global bulk food ingredients market size is expected to reach USD 409.56 billion by 2028, registering a CAGR of 4.4% during the forecast period, according to a new report by Grand View Research, Inc. Surging demand for convenience foods and technological advancement in the food & beverage industry propels the market growth.

Bulk food ingredients are commodities used in processed foods, packaged, and ready-to-eat foods like confectionery items, chocolates, biscuits, beverages, etc. The shift in consumer lifestyles toward western cultures has led to increased demand for processed and ready-to-eat food and drinks.

Increasing benefits of packaged and convenience food, which require less preparation time and easy handling, are the prominent factors that offer an advantage to the consumers in their busy life cycle. These factors drive the consumption of bulk food ingredients in emerging economies such as India, Brazil, Mexico, Thailand, the Philippines, and Indonesia.

Increasing consumer awareness of eating healthy food and rising preference for natural and organic ingredients among consumers are anticipated to boost the market demand.

In 2020, according to International Coffee Organization, the global coffee production reached 169.63 million 60-kilogram bags. In 2018, global tea production amounted to over 5.8 million metric tons of tea. These factors boost the consumption of bulk food ingredients in the tea, coffee, and cocoa segment.

The shift from commodity/bulk ingredients to value-added ingredients and the lack of adequate infrastructure for the storage of bulk commodities are the major factors hampering market growth.

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Bulk Food Ingredients Market Report Highlights

• Europe is another major contributor to the market, with USD 73.8 billion in 2021. Changing consumer behavior and the increased adoption rate of high premium liquors made from wheat, fruits, and grains is witnessing exponential market growth
• The beverage segment held the second-largest market share in 2021, contributing more than 25% of the total revenue. The rising consumption of alcoholic beverages and soft drinks manufactured from natural ingredients is one of the prominent factors for market growth
• The grain, pulses, and cereals primary processed ingredient segment held the largest market share in 2021, contributing more than 30% of the total revenue. In 2020, according to Food & Agriculture Organization, total wheat production was 774.8 million tons, and cereal production is 2,768.6 million tons

Bulk Food Ingredients Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 313.85 billion
Revenue forecast in 2028	USD 409.56 billion
Growth rate	CAGR of 4.4% from 2022 to 2028
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2028

List of Key Players of Bulk Food Ingredients Market

• Cargill, Incorporated
• Archer-Daniels-Midland Company
• Bunge Limited
• Associated British Foods plc
• Olam International
• Tate & Lyle
• DUPONT DE NEMOURS, INC
• Essex Food Ingredients
• Ingredients Inc.
• Corbion
• Koninklijke DSM N.V
• EHL Ingredients
• McCormick & Company, Inc
• GCL Food Ingredients
• Dmh Ingredients, Inc.

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Lamps Market Trends Analysis Report By Product, Type, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Lamps Market Size, Share & Trends Analysis Report By Product (Desk Lamp, Floor Lamp), By Type (Reading Lamp, Decorative Lamp), By Application (Residential/Retail, Commercial/Hospitality), By Region, And Segment Forecasts, 2023 – 2030

The global lamps market size was estimated to reach USD 19.69 billion in 2030, growing at a CAGR of 4.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. There has been a notable increase in the demand for floor lamps and desk lamps due to the rising emphasis on interior aesthetics and the desire to create visually captivating spaces. These lighting fixtures fulfill a dual role by offering functional illumination while also elevating the overall ambiance of homes and businesses. Customers are now actively seeking lighting options that not only provide sufficient light but also contribute to the stylish and sophisticated atmosphere of their indoor settings.

The desk lamp segment dominated the market by holding a major share in 2022. Over the past few years, there has been a noticeable evolution in desk lamps, driven by changing consumer demands and preferences. A significant trend that has emerged is the growing favor for LED desk lamps. LED technology has gained popularity due to its energy efficiency, extended lifespan, and versatility in lighting options, making it a sought-after choice for residential and commercial spaces alike. These lamps frequently incorporate adjustable brightness levels, color temperatures, and flexible designs to ensure optimal lighting conditions for different tasks.

The commercial/hospitality segment held the largest market size in 2022. The commercial lamp category is heavily influenced by the emphasis on visual appeal and the seamless integration of lamps into the architectural design of commercial spaces. Businesses and organizations are actively seeking lamps that not only offer functional lighting but also enhance the overall aesthetic appeal of their premises. Architectural lighting designs, including recessed or track lamp lighting, are particularly favored as they create visually striking and impactful lighting installations. Furthermore, the integration of commercial lamps into smart building systems is a key growth driver, as it allows for advanced control and automation of lighting, aligning with the trend of smart and connected buildings.

Europe accounted for a significant share of the market in 2022. In Europe, there is a noticeable inclination toward sustainable lighting solutions, propelled by mounting environmental concerns and heightened awareness of energy consumption. LED lamps, recognized for their energy efficiency, extended lifespan, and recyclability, are widely regarded as a more sustainable choice. Both consumers and businesses are actively pursuing lamps that align with their sustainability objectives, thereby stimulating market expansion.

Major market players include Signify (Philips Lighting); OSRAM GmbH; Herman Miller Inc.; Inter IKEA B.V.; Artemide S.p.A.; Pablo Design; Lutron Electronics; Koncept Inc.; OttLite Technologies; and Flos S.p.A. Various steps are adopted by these companies including partnerships, mergers & acquisitions, global expansion, and others to gain more share of the market.

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Lamps Market Report Highlights

• North America is expected to grow at a considerable CAGR over the forecast period. In North America, the demand for energy-efficient lighting products has been propelled by technological advancements and a growing emphasis on environmental preservation
• The floor lamp segment is estimated to grow at the highest CAGR over the forecast period. The popularity of floor lamps is on the rise due to their sleek, clean lines and simple silhouettes that effortlessly blend with contemporary interiors. The segment is experiencing significant growth, driven by the increasing preference for minimalist and modern floor lamp designs
• The decorative segment is anticipated to grow at the fastest CAGR over the forecast period. The segment has witnessed notable growth as it adapts to the evolving tastes and design preferences of consumers, resulting in various trends emerging in recent times
• The commercial segment is expected to grow at the highest CAGR during the forecast period. The growth is driven by the integration of commercial lamps into smart building systems

Lamps Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 14.10 billion
Revenue forecast in 2030	USD 19.69 billion
Growth rate	CAGR of 4.8% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in the Lamps Market

• Signify (Philips Lighting)
• OSRAM GmbH
• Herman Miller Inc.
• Inter IKEA B.V.
• Artemide S.p.A.
• Pablo Design
• Lutron Electronics
• Koncept Inc.
• OttLite Technologies
• Flos S.p.A.

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Endoscopy Operative Devices Market Segmented On The Basis Of Product, Application, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 30 Aug 2023: The Report Endoscopy Operative Devices Market Size, Share & Trends Analysis Report By Product (Access Devices, Energy Systems), By Application (Gastrointestinal (GI) Endoscopy, Laparoscopy), By Region, And Segment Forecasts, 2021 – 2028

The global endoscopy operative devices market size is expected to reach USD 11.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2021 to 2028. The rising prevalence of chronic diseases, surging demand for minimally invasive procedures, and increasing technological advancement in endoscope systems are the key factors aiding the market growth. An increase in the preference for keyhole or minimally invasive surgeries due to shortened hospitalization reduced post-operative complications, and decreased blood loss during surgeries is expected to fuel the market growth. The growing geriatric population burdened with chronic diseases is rapidly increasing across the globe and is a potential consumer base for endoscopes. This is likely to significantly drive the market over the forecast period.

The rising prevalence of gastrointestinal, respiratory, urological, and gynecological disorders, wherein endoscope systems are used to diagnose and treat the ailment, is expected to significantly contribute to the market growth. The growing prevalence of cancer and obesity across the globe is expected to drive the demand for endoscopy operative devices. For instance, the introduction of endoscopic bariatric surgeries as preventive measures is contributing to the growing demand. Similarly, laryngoscopy, colonoscopy, and upper endoscopy are used to diagnose lung, colorectal, and breast cancers. In addition, owing to an anticipated increase in demand for diagnostic and surgical procedures, the market is poised to grow at a higher rate from the first quarter of 2021.

Furthermore, technological advancements and innovations are expected to boost overall growth. In March 2019, Olympus Corporation launched “PowerSpiral” to treat and diagnose various conditions of the digestive tract. This product uses a motorized rotating attachment that mounts the scope, gently grips the mucosa, and works the endoscope in the small intestine. Moreover, these advancements in structures and systems of endoscopy lead to making the procedural and surgery expenses more cost-effective and result in an improved quality of life. These advancements have enabled the smooth transition from open surgeries to minimally invasive procedures.

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Endoscopy Operative Devices Market Report Highlights

• The access devices product segment dominated the market in 2020 owing to the growing adoption rate of endoscopy operative devices for diagnostic and therapeutic purposes
• The gastrointestinal (GI) endoscopy application segment dominated the market in 2020 due to the increase in gastroscopies for diagnosing and treating GI disorders
• North America dominated the market in 2020 due to the improved healthcare infrastructure and the high adoption of advanced technologies

Endoscopy Operative Devices Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 8.3 billion
Revenue forecast in 2028	USD 11.7 billion
Growth Rate	CAGR of 5.1% from 2021 to 2028
Base year for estimation	2020
Historical data	2014 – 2019
Forecast period	2021 – 2028

List of Key Players of Endoscopy Operative Devices Market

• Cook Medical Inc.
• Medtronic
• Boston Scientific Corporation
• Stryker
• Ethicon Endo-Surgery, Inc.
• Karl Storz
• CONMED Corporation
• Richard Wolf GmbH
• Fujifilm Holdings Corporation
• Olympus

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Cryptocurrency Market Focusing On The Basis Of Component, Hardware, Software, Process, Type, End-Use, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 30 Aug 2023: The Report Cryptocurrency Market Size, Share & Trends Analysis Report By Component, By Hardware, By Software, By Process (Mining, Transaction), By Type, By End-use, By Region, And Segment Forecasts, 2023 – 2030

The global cryptocurrency market size is expected to reach USD 11.71 billion by 2030, registering a CAGR of 12.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The market growth is anticipated to be fueled by the increasing demand for better data security, operational transparency, and the incorporation of blockchain technology in digital payment systems. Additionally, the legalization of the purchase, sale, and trading of digital currencies in several developed countries, such as the U.S., is fostering industry expansion.

The cryptocurrency industry is anticipated to grow owing to the rising global popularity of digital currencies such as bitcoin, Ethereum, and Litecoin. This growing popularity can be credited to the capacity of cryptocurrencies to provide quick, transparent, safe, and effective payment to users. As stated by Crypto.com, there were 295 million crypto owners in December 2021 as compared to 228 million in July 2021.

The market for cryptocurrencies is anticipated to be positively impacted by the recent advancements in artificial intelligence. Numerous businesses have been motivated to concentrate on their development as a result of the increased popularity of AI-based cryptocurrency platforms. For instance, in August 2021, Los Alamos National Laboratory researchers reported that they had created an artificial intelligence algorithm to recognize unauthorized cryptocurrency miners who utilize research computers for cryptocurrency mining.

The COVID-19 pandemic adversely impacted market growth in 2020, while 2021 saw a steady uptick. The sales of cryptocurrency mining hardware were slowed down by the global supply chain slowness caused by the border closures in 2020, which restrained the market’s expansion. Moreover, owing to the COVID-19 consequences blockchain companies were compelled to reduce their staffing levels and budgets in 2020. For instance, Cipher Trace decreased its advertising and market department jobs, and Elliptic lay off employees in the U.S. as well as the U.K.

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Cryptocurrency Market Report Highlights

• The hardware segment is estimated to dominate the market in 2022. The dominance can be attributed to the increasing demand for cryptocurrency mining devices to mine new coins and include them in the supply chain
• The graphics processing unit (GPU) segment is expected to witness the fastest growth during the forecast period. The growth can be attributed to the rising demand for GPU in crypto mining as it consumes less energy and offers high-speed processing
• The wallet segment is anticipated to witness the fastest growth during the forecast period. The growing demand for cryptocurrency wallets for trading, sending, and receiving cryptocurrencies is anticipated to fuel the segment’s growth
• The mining segment is estimated to dominate the market in 2022. The dominance can be attributed to the growing investment by several companies to build crypto mining farms
• The bitcoin segment has dominated the market in 2022 and is anticipated to grow at the fastest CAGR through the projection period. The growth can be attributed to the increasing popularity of Bitcoin. Moreover, acceptance of Bitcoin by several emerging countries, such as El Salvador, is anticipated to spur the growth of the segment
• The retail & e-commerce segment is anticipated to grow at the fastest CAGR through the projection period. The growing acceptance of cryptocurrencies by several retail &e-commerce stores is anticipated to aid the growth of the segment
• The Asia Pacific is expected to register rapid growth during the forecast period. The presence of crypto mining companies in the region is predicted to propel regional market growth

Cryptocurrency Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 5.15 billion
Revenue forecast in 2030	USD 11.71 billion
Growth rate	CAGR of 12.5% from 2023 to 2030
Base year of estimation	2022
Historical data	2017 – 2021
Forecast period	2023 – 2030

List of Key Players in Cryptocurrency Market

• Advanced Micro Devices, Inc.
• Binance
• Bit fury Group Limited
• BitGo, Inc.
• Bit Main Technologies Holding Company
• Intel Corporation
• NVIDIA Corporation
• Ripple
• Xapo Holdings Limited
• Xilinx, Inc.

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Textured Soy Protein Market Outlook On The Basis Of Product, Type, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 30 Aug 2023: The Report Textured Soy Protein Market Size, Share & Trends Analysis Report By Product (Textured Defatted Soy Flour (TSF), Textured Soy Protein Concentrate (TSPC), Textured Soy Protein Isolate), By Type, By Application, By Region, And Segment Forecasts, 2023 – 2030

The global textured soy protein market size is expected to reach USD 2.2 billion by 2030, expanding at a CAGR of 13.2%, according to a new report by Grand View Research, Inc. The growth is primarily driven by the increasing demand for plant-based protein alternatives, particularly in the food and beverage industry. As more consumers adopt vegetarian or vegan diets or reduce their meat consumption for health or environmental reasons, there is a growing need for high-quality, affordable, and versatile sources of protein.

Textured soy protein, also known as textured vegetable protein, provides a viable solution to this demand, as it is derived from soybeans and offers a meat-like texture and flavor when rehydrated. Additionally, the rising awareness about the health benefits of soy protein, such as its ability to lower cholesterol levels and reduce the risk of heart disease, has further boosted the market growth.

Food and beverage manufacturers are incorporating textured soy protein into a wide range of products, including meat substitutes, snacks, bakery, and confectionery products, to cater to the changing dietary preferences of consumers. Furthermore, the increasing popularity of soy-based products in emerging economies, such as China and India, due to their cost-effectiveness and nutritional value, is also driving the global market for textured soy protein.

Moreover, the increasing investment by manufacturers in R&D activities to develop innovative products and formulations using textured soy protein is driving the market’s growth. For instance, manufacturers are developing new varieties of textured soy protein with improved texture, flavor, and nutritional value to meet the changing demands of consumers. The rising demand for organic and non-GMO soy-based products is also driving the growth, as consumers are willing to pay a premium for products that are free from harmful chemicals and genetically modified organisms.

In November 2022, IFF introduced Supro Tex, an ingredient made from soy-based plant protein that can replicate the texture of meat. With a protein content of 80%, it is suitable for creating plant-based alternatives for beef, chicken, pork, and lamb dishes. The launch of Supro Tex is a key aspect of IFF’s Re-Imagine Protein initiative, which aims to drive growth in the plant-based industry.

Access Research Report of Textured Soy Protein Market @ https://www.grandviewresearch.com/industry-analysis/textured-soy-protein-market

Textured Soy Protein Market Report Highlights

• The textured soy protein concentrate product led the market in terms of revenue in 2022, owing to its high protein content and increasing demand across the food & beverages end-use industry
• Organic product type is expected to witness the fastest growth over the forecast period. The continuous rise in demand for organic food products due to health benefits associated with organically grown soybeans is supporting the growth of this segment
• Food and beverages is expected to be the fastest-growing application segment during the projected period. The increasing demand for textured soy protein in food products from end users owing to its nutritional composition is primarily supporting its growth
• North America is expected to dominate the market in terms of revenue share over the forecast period. The rising popularity of vegan and vegetarian diets is fueling the demand for textured soy protein, as these diets typically rely heavily on plant-based protein sources

Textured Soy Protein Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 942.6 million
Revenue forecast in 2030	USD 2.2 billion
Growth rate	CAGR of 13.2% from 2022 to 2030
Base year for estimation	2022
Historical data	2017 – 2021
Forecast period	2023 – 2030

List of Key Players in the Textured Soy Protein Market

• Archer Daniels Midland Company (ADM)
• Cargill Inc.
• Bunge Limited
• International Flavors & Fragrances Inc.
• Bremil Group
• Sonic Biochem
• Victoria Group
• Crown Soya Protein Group
• Shandong Yuxin Biotechnology Co., Ltd.
• Linyi Shansong Biological Products Co., Ltd.

Access Press Release of Textured Soy Protein Market @ https://www.grandviewresearch.com/press-release/global-textured-soy-protein-market

Transformer Oil Market Segment Analysis By Product, Rating, End-Use, Region And Forecast Till 2030: Grand View Research Inc.

San Francisco, 30 Aug 2023: The Report Transformer Oil Market Size, Share & Trends Analysis Report By Product (Mineral-based, Silicone-based), By Rating, By End-use (Utilities, Industrial), By Region, And Segment Forecasts, 2023 – 2030

The global transformer oil market size is expected to reach USD 6.1 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.1% from 2023 to 2030. The growth is driven by the high utilization of transformer oil in the power generation sector along with an increase in demand for electric grids in emerging economies.

The product is used to insulate high-voltage electrical transformers. It is developed to operate at very high temperatures. Transformer oil surrounds the windings and the core of transformers to prevent their wiring and cellulose-based insulation from corroding and oxidizing.

Recent market expansion is driven by technological development and rising R&D activities by key industry players. For instance, Cargill received an award from the U.S. Environmental Protection Agency, for developing transformer oil through natural esters. Market players are also focusing on manufacturing bio-based products to dominate the market.

Crude oil is the major raw material utilized for manufacturing transformer oil. Key industry participants involved in the production of this raw material are Saudi Aramco, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, Shell Plc., and others. Some of the leading market players such as Exxon Mobil Corporation, China Petroleum & Chemical Corporation, and others are integrated across the value chain to produce crude oil, base oil, and transformer oil which increases their profitability margin.

Access Research Report of Transformer Oil Market @ https://www.grandviewresearch.com/industry-analysis/transformer-oil-market

Transformer Oil Market Report Highlights

• By product, the bio-based segment is expected to register the fastest CAGR of 14.8% over the forecast period in terms of revenue due to growing regulations that are focused on reducing carbon emissions and increasing energy conservation
• By end-use, the residential segment is expected to register the fastest CAGR of 12.7% in terms of revenue over the forecast period owing to the growing population across the globe leading to an increase in the residential sector
• Asia Pacific is expected to register the fastest CAGR of 13.8% in terms of revenue over the forecast period owing to rapid industrialization in rural areas and investments by foreign bodies in the developing economies
• There is a significant demand for silicone-based products because of their capacity to extinguish themselves, making them acceptable for high-risk areas with possible fire threats. Due to their durability and lack of major maintenance requirements, silicones also contribute to longer transformer life
• In developing countries, the replacement of outdated transformers with new ones and technological advancements are anticipated to create numerous attractive job opportunities
• The U.S. Environmental Protection Agency, the Electricity & Cogeneration Regulatory Authority, and other federal agencies have adopted strict restrictions surrounding energy waste, and this has fueled demand for oil to reduce emissions and electricity waste

Transformer Oil Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 2.7 billion
Revenue forecast in 2030	USD 6.1 billion
Growth rate	CAGR of 12.1% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in the Transformer Oil Market

• China Petroleum & Chemical Corporation
• Cargill Inc.
• Shell Plc.
• Nynas AB
• Ergon, Inc.
• Engen Petroleum Ltd.

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